REGISTERED NUMBER: 02433560 (England and Wales) Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2024 ror BUMPY Limited
BUMPY Limited Index to the Financial Statements for the Year Ended 31 March 2024 Page Company Infonnation Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet io Statement of Changes in Equity Notes to the Financial Statements 12
BUMPY Limited Company Information for the Year Ended 31 March 2024 CHAIRMAN: Mr M Ward VICE CHAtRIIIAN: Mr J D Mitchell DIRECTORS MrMJSmith Mr D Hought Mr P Scott Mr S J Bolland TREASURER: Mr R Seed SECRETARY: Ms C Kenzitt REGISTERED OFFICE: Howden Clough Birstall Batley WF17 OJB CHARITY REGISTRATION NUMBER: 702335 co1[PANy REGISTRATION NUMBER: 02433560 (England and Wales) INDEPENDENT EXAMINER: Andrew Wilkinson FCA Malcolrn Jones & Co Limited Accountants & Business Advisors West Hill House Allerton Hill Chapel Allerton Leeds LS7 3QB BANKERS: Virgin Money SOLICITORS: Brearleys 8 Market Place Birstall WF17 9EL Page I
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2024 The trustees present their annual report together with the fmancia] statements of the chartty for the year ended ) 1st March 2024, which are also prepared to meet the requirernents for a directors report and accounts for Companies Act puryoses. Structure, Governance and Management The company was incorporated in October 1989, and it is limited by guarantee without share capital. The liability of the rnembers is limited to £1 each. Accumulated funds are not distributed to the members. The governing insttument under which the company operates is its Memorandum and Articles of Association. The trustees are treated &s directors for Companies Act purposes. The company is governed by its board of directOTS, which meets on a monthly basis. The board, assisted by .y and policies for the company as a whole, senior managemenL is responsible foT fomiulating the stratets including the approval of budgets and the exercising of financial controls through regular fmancial reporting. The directors during the year are set out below. They are a150 guarantee members of the company up to the extent of one pound each. CuTTently new boaTd members are Tecruited through the local press, notices within the organisation and word of mouth. Interested parties are then invited by the secretary to attend the following board meeting as an observeT and introduced to the organisation. Copies of the Articles of Association and Memorandutn of Association aTe then sent to new Trustees. The directors have power to appoint any person to be a director, either to fill a casual vacancy or as an addition to the existing directors. Any person so appointed will hold office only until the next following Annual General Meeting, and shall be eli(rible for re-el¢ction. The directors who have held office during the whole of the period from 1st April 2023 to the date of this Teport are as follows= Mr S J Bolland Mr D Hought MT J D Mitchell Mr P Scott Mr R Seed Mr M J Smith Mr M Ward Risk Assessments The diTectors have identified the major strategic, business and operational risks which the cornpany faces and system5 are in place to mitigate any exposure to these risks. Objectives and Activities The company is registered for chaTitable purposes, the objectives of which are.. a. For the public benefit to PTovide, or assist in the provision of recreation facilities for young people in the area of West Yorkshire, who have need of them by reason of their youth. so as to develop their physical and mental capacities that they May grow to full maturity as individuals and law abiding membeTS of society. b. To provide vocational training for young people in West Yorkshire, which will enhance employment prospects. The prevention of Toad accidents and the prot¢rtion of good health, by irnproving road ski115 of young people in West Yorkshire and reducing the number of serious accidents and deaths. Page 2
BUIIIPY Limited Report of the Trustees for the Year Ended 31 March 2024 Objectives and Activities (Cont . d. To advance the education and training of children and young people under the age of 21 years who, or whose parents, are resident in West YoTkshiTe and who have been convicted of a criminal offence involving a motor vehicle, or whose circumstances rnay create tendencies in them towards such offences so that they may grow to rnaturity as individuals and tnembers of society, and become better equipped to take a useful and responsible place in society, and their conditions of life may be improved. To provide, in the interest of social welfare, facilities for Tecreation or otheT leisure time occupation of persons in West Yorkshire who have need of such facilities by reason of their disablement, with the object of improving their conditions of life. f. The use of volunteers to help with marshalling to PTovide a safe environment on the park is paramount over weekends when young people are on site riding their own motorcycles. Volunteer help is also ess¢ntial in the running of the Young Riders club to aid the teachints of riding skills and techniques. We also enjoy the help of people who for medical re&sons have been out of the workplace for a number of years, giving them the opporttmity for rehabilitation through park rnaintenance and other light duties. We review our aims, objectives and activities each year to ensure they remain focused on our principal objectives. We have referred to the Guidance contained in the Charity Commission's tseneral guidance on public benefit when undertaking this review process. Achievements, Performance and Financial Review Off Road & On Road Children In Need The Wheel Works Programme funded by Children In N¢¢d has had numerous benefits to these youno people. Being meaningfully engaged has helped them to build skills Such as decision making, self- regulation and aspiring to achieve better futUTes as many have plans to Cro onto further education. The enga(remeDt with the young people has also improved social and emotional wellbeing aT)d reduced crime and reoffending amongst young people. In our fal year of Chil(tren In Need funding we have delivered to a further 75 young people. Having a strong partnership neNiork we have had the fantastic opportunity to signpost young people on to the COeCt PTofessionals to further meet their needs. This has worked in particular where a young person and farnilies have been struggling to obtain diagnoses of ADHD and Autism. These two issues can go undiagnosed throughout a young person's schooling with the individual withdTawing from school and becoming chronic non-attenders. Whilst the issues surrounding the individual have not been dealt with we have witnessed so many breakdowns within school, and families being left feeling alone with no support and young people turning to crime or having suicidal thoughts as a result of there being no structure in place. Case studies have demonstrated how they value the provision . J was referred to Bumpy by Police and parents. He was adopted by his now mum and dad around the age of 3. He experienced early chil(Ihood trauma as well as experiencing challenges linked with Foetal Alcohol Syndrome Disorder and ADHD. J was not in education and had not attended school since November 2022. His mum did not feel his current school rnet his needs. The family are currently subject to a Child In Need plan due to the disagreements about school provision and his non-attendance. The parents are also working with a post-adoption social worker to support the faTnily. J has also previously been Tecorded as a suspect with regard to two reported criminal offences. Since beino encraged in the Bumpy programrne J has not come to police attention. There has been some change around this during the COUTse of his attendance at Bumpy. J physically assaulted both Mum and Dad when he was in crisis and this resulted in him being arrested and spending some time in police custody. Following his arrest J continued to engage with Bumpy where conversations took place to reflect on his recent arrest and behaviour within the home. J has continued making some progress and continues to attend his new allocated school. Parents have reported they feel more supported with Bumpy involvement. J started attending Bumpy in Septernber 2023 and has 100% attendance. J has now secured a full-time place at a new school and he will Continue to attend Bumpy one day a week to ensure he continues to engage in education. J will complete his accredited course by summer 2024. Page 3
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2024 Achievements, Performance and Financial Review (Cont . OffRoad & On Road Community Fund In its inaugural year, funding for the Directions Project by the Community Fund provided Bumpy with the opportunity to engage with 45 young people. Through this initiative these young people have undergone a transformative journey, developing resilience and confidence that has enabled thern to actively participate in the PToject. This engagement has proven to be a catalyst for positive change, empowering them to r¢integrate into education, overcome social isolation, and mend and strengthen relationships within their families and social circles. The Directions Project has acted as a supportive platform for these young people, offering them guidance and resources to navigate various challenges they may face. By providing a safe and nurturing environment, Bumpy has helped them to overcome barriers and unlock their potential. This has not only Tesulted in their personal growth but has also had a positive impact on their broader community. As they reintegrate into education and rebuild relationships, they become role models and ambassadors for positive change, inspiring others to follow in theii footsteps. Thus, the impact of the Directions Project extends far beyond the individual participants, creating a ripple effect of empowerneT)t and transfomiation throughout the Community. We've noted a significant decrease in the involvement of young people in criminal activities. In cases where a young person w&s previously implicated or suspected, we have observed no further action ¥ Posltive choices, which has being taken against th¢m. This reflects their stron(T Cotnmitment to makino extended beyond their involvement in the project and into their social lives. It's encoura(Ting to see these individuals actively choosing paths that promote positive behaviour and contribute to the bettement of their communities. This d¢monstrates a positive shift in their mindset and highlights their detern)ination to lead productive alld law-abiding lives. Their efforts in making positive choices not only benefjt theTnselves but also have a ripple effect on their peers and surroundings, fostering a safer and more supportive environment for everyone involved. Throughout the year, the attendance of young people has been consistently remarkable, with an average of 990/0. This high attendance rate reflects their dedication and commitment to the programrne. Moreover, during their time at Bumpy, these young people have not only improved theTr tmderstanding of mechanics but have also developed crucial skills in responsible Tidin(y and road safety- They have engaged actively in learning sessions. demonstrating a genuine interest in mastering the m¢chanics of motorcycles while also understanding the importance of safe and responsible riding practices. This comprehensive learnincr approach has pmvided them with valuable knowledge and skills that extend beyond the classroom. By actively participating in these sessions, they are not only enhancing their technical abilities but also developing a deeper understanding of the responsibilities associated with riding and the importance of adhering to road safety regulations. Charles Hayward Foundation Within the fiTSt year the project has supported 40 young girls, 4 over our targeted arnount of 36. Thi5 wa5 due to siblings joining the sessions following positive outcomes within the farnilies involved. The project has run smoothly meeting the needs of the young girls we have be fortunate enouJo to work with. In many cases making a difference to the whole family unit, signposting to other services that gave additional support to rneet their needs. With feedback that better choices are being made within day to day life and Taising aspirations for a better fUre. Agencies such as detached youth workers. West YorkshiTe Police family hubs, and schools have all been very supportive of the youno girls who have attended the sessions. Page 4
BUMPY Lim ited Report of the Trustees for the Year Ended 31 March 2024 Aehievements, Performance and Financial Review (Cont . On Road We continue to provide a PTofessionaE service to the public in DAS and CBT training. Educating people on road safety and the legalities of riding on the road with a motorcycle. Bumpy has seen an increase in demand for On Road services. Bumpy continue delivering training to the high standard required by Kawasaki and Honda motorcycle manufacturers. Accredited Training Projects (Alternative Curriculum Activities) Delivery of ABC Motor Vehicle Studies Certificate Level I qualifications, with others achievints A ward and Enty Level 3 qualifications has seen pupils frorn local schools and PRU attending with 23 young people gaining certification. 4 of the young people attendin(Y went on to college to continue their education through fih¢r education courses building on theiT achievements gained here at Bumpy. Young Riders Club The Young Riders Club provided recreation facilities for young people in the area of West Yorkshire, with the young people developing their ridints skills. These activities were delivered with targeted work nded by the Kirklees Council on the Safer Streets 4 fEll)d. Groups from the local neighbourhood were taTgeted to help with the anti-social use of Tnotoreycl¢s in the local community, also funded by the Mayor's Commun2ty Fund.. Review of Financial Statements Unrestricted Funds Revenue income slightly increased in compaTison to the previous year to £385.076 {2023 £J81,215), whi15t expenditure, due to a substantial increase in grant funding received in the year, has reduced in omparison to the previous year to £333,010, (2023 - £407,017). The has left the charity with a surplus for the year of £52,066 (2023 - £25,802 deficit). BUMPY has clearly therefor¢ had a successfiLI year in meeting its charitable aims and objectives. With an opening unrestricted designated fund balance of £150,438. a net movement from charitable activities of £52,066 over the year, there is now an unrestricted designated fund surplus of £202,504 to carry foTward to fiLture years. Restricted Funds Restricted funds are created when monies are received either for particular areas or purpose5. In the year to 31 March 2024 there was a deficit in income of £7,512. This is added to the opening balance of £39,028 leaving a balance of £31,516 to be carried forward to future years. These nd balances will reduce annually until the grant funded projects are complefrd and the assets acquired are fully depreciated, at which time the balances will reduce to zero. The company's assets are available and adequate to fvlfil project obligations Page 5
BUIVIPY Limited Report of the Trustees for the Year Ended 31 March 2024 Statement of Company's Policles The company's fimdamental policy is to maintain and further the airns of the company as stated in Section 2 of this report. The company is dependent on income from all sources to maintain services at present levels, a significant reduction in which would have an adverse effect on the services provided. The directors, in setting a Reserves policy, have aeed that it would be prudent to have "free reserves" which represent four to six months of the company's expenditure on unrestricted nds, which cUentlY equates to between £l11.003 (2023 £135,672) and £166.505 (2023 £203,508). This level of resources would provide the company sufficient time to agree and implement new policies in the event of changes in costs or funding. The level of 'free reserves, at the year-end Ès £202,504 (2023 - £150,438) with the directors having taken the decision to allocate them all to specific designated, but unrestricted funds (see note 15 to th¢ fmancial statements). Plans for Future Periods There will be continued focus on securing additional funding sources to support our charttable aims along with development of seTvice opportunities to the community. BUMPY will continue to increase public awareness to encourage off road use and help educate local young people ITh their responsibilities around anti-social behaviour and dangeTS surrounding the illegal riding of motorcycles. Further, we will again be looking for all opportunities to increase commercial and industy awareness to support both the use of and funding of our facilities. General The directors wish to thank all those Corporate bodies, individua15 and volunteers who in any way, either directly or indirectly, have contributed funds, support or assistance to BUMPY duTing the last 12 months. The BoaTd would also like to thank all the members of the BUMPY staff for their continued support and commitment. Statement of Responsibilities of the Tru5tee51Directors The charity trustees (who are also the directors for the purposes of company law) are responsible for prepariT)g a trnstees, annual report and fmancial statements in accordance with applicable law and Unit¢d KintrdoTn Generally Accepted Accounting Practice. Company law requires the trustees to prepare fmancial statements for each year. Under company law, the trnstees must not approve the finan¢ial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable cornpany and of its incoTning resource5 and application of resources, including income and expenditure for the financial year. In preparing the financial staternents, the members of the management committee are required to: select suitable accounting policies and then apply them ¢onsistently- make judgements and estimates that are reasonable and prudent. state whether applicable UK accounting standaTds have been followed, subject to any rnateTial departure5 disclosed and explained in the fmancial statements prepare the fanCIal statements on a going Concern basis unless it is inappropriate to presume that the charity will Continue in business.
BUMPY Limited Report of the Trustees for the Year Ended 31 Mareh 2024 Statement of Responsibilities of the Trusteesmireetors (Cont ..... The members of the Man4(Fement Committee/Directors are responsible for keepino adequate accountinu records that are sufficient to show and explain the chosity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and that enable them to ensure that the fmancial statements comply with the Companies Act 2006. They are also responsible for safeguardints the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and oth irreoularities. This report has been prepared in accordance with the special provisions of Part i) of the Companies Act 2006 relating to small companies. The trustees also confirni that they have complied with the duty in section 17(5) of the 2011 Charitie5 Act to have due regord to guidance on public benefjt published by the Charity Commission. Signed on behalf of the trustees Mr M Ward Chainnan Dated . 18 Novernber 2024 Page 7
BUMPY Limited Independent Examiner's Report to the Members of BUMPY Limited for the year ended 31 March 2024 I report on the accounts of BUMPY Limited for the year ended 31" March 2024 which are set out on pages 9 to 19. Respective Responsibilities of Trustees and Examiner The trustees (who are also directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The chaTity'S trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 or under Part 16 of the Companies Act 2006 and that an independent examination is needed. The charity is TequiTed by law to prepare accrned accounts and I am qualified to undertake the examination by being a member of The Association of Chartered Certified Accountants. Having been satisfied that th¢ charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 201 l Act. to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination was cTled out in accordance with the Gen¢ral Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 includes consideration of any unusual items or disc105ures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not Provide all the evidence that would be required in an audiL and consequently no opinion is given as to whether the accounts present a 'true ad fair view, and the report is limited to those rnatteTS set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention.. (l) which gives me reasonable cause to believe that in any tnaterial respect the requirements: to keep records in accordance with sectiOD 386 of the Companies Act 2006" and to prepare accounts which accord with the accounting records and to comply with the accountincr requirements of the Companies Act 2006 and also to prepaTe accounts in accordance with the Charities SORP (FRS 102) and with the methods and principles set out in Charities SOIiP (FRS 102) have not been met. or (2) to which, in my opinÈon. attentton should be drawn in order to enable a Proper understanding of the accounts to be reached. Andrew Wilkinson FCA West Hill House Allerton Hill Chapel Allerton Leeds LS7 3QB Dated .. 18 November 2024 Page 8
BUMPY Limited Statement of Financial Activities (including Statement of Comprehensive Income) for the Year Ended 31 March 2024 Notes Unrestricted Funds Restricted Endowment 31.03.2024 31.03.2023 Funds Funds Total Funds Total Funds Incoming resources Incoming resources from g¢n¢rated fldS . Donations and l¢gacies 43,408 43,408 28,085 Investment income and interest 5,687 5,687 1,037 Incoming resources from charitable activities 335,981 162.815 498,796 455,146 Total incoming resources 385,076 162,815 547,891 484,268 Resources expended Charitable activities 270,637 170,327 440,964 420,210 Governance costs 62,373 62.373 63.962 Total resources expended 7&8 333.010 170,327 503,337 484,172 Net (outgoing)lincoming resources befoTe transfers and government grdnts 52,066 (7,512) 44,554 96 Transfers between funds Net movement in fimds for the year 52,066 (7,512) 44.554 96 Reconciliation of Funds: Total funds brought forward at l April 2023 150,438 39,028 189,466 189,i70 Funds carried forward at 31 March 2024 202,504 31,5l6 234,020 189,466 All of the above results are derived frorn continuing activities and there have been no acquisitions during the year. The note5 forni part of these fmancial statements Page 9
BUMPY Limited Bglance Sheet (Registered Dumber 02433560) 31 Mareh 2024 31.03.2024 31.03.2023 Notes Fixed Assets ". Tangible assets io 97,120 81,155 Current Assets . Stock Debtors Cash at bank and in hand 10,098 3,336 43,445 16i,4J2 12 191.293 238,368 212,213 Creditors . Amounts fallin(F due within one year 13 89,237 81,402 Net Current Assets . 149,131 130,811 Total Assets Less Current Liabilities 246.251 211.966 Creditors . Amounts falling due after Ore than one year 13 12.231 22.500 Iyet assets 234.020 189.466 C2Pltal and Reserves: Restricted fEJnds Unrestricted funds (designated) 14 15 31,516 202.504 39,028 150.438 234,020 189,466 For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to srnall companies. No members have required the company to obtain an audit of its accounts for the year ended 315E March 2024 in a¢cordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting re¢ords and for the preparation of accounts These financial statements have been prq)ared in accordance with the provisions appIlb]e to companies subject to the small companies. regime and constiknte the annual accounts required by the Companies Act 2006 and are for circularisation to members of the company. The financial statements were approved by the board of directors on 18 Novernber 2024 and signed on its behalf by: ON BEHALF OF THE BOARD: Mr M Ward Chairnian Mr R Seed The notes forrn part of these fmancial statements Page 10
BUMPY Limited Statement of Changes in Equity for the Year Ended 31 March 2024 Unrestricted Funds Restricted Funds Endowment Funds Total Equity Balance at l April 2022 176.240 13,130 189,370 Changes in equity Total comprehensive income (25,802) 25.898 96 Balance at 31 March 2023 150,438 39.028 189,466 Changes in equity Total comprehensive income 52,066 (7,512) 44,554 Balance at 31 March 2024 202,504 31,516 234,020 The notes forni part of these fmancial statements Page 11
BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), tbe ChaTities SORP (FRS 102), the Companies Act 2006 and the Charities Act 2011. The company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy note(s). The company has availed itself of paragraph 3(3) of Schedule 4 of the Companies Act forn)ats to reflect the special nature of the company's activities. Preparation of the accounts on a going concern basis The trustees consider there aTe no material uncertainties about the company's ability to continue. Company and Charitable Status BUMPY Limited is a company limited by guarantee. the liability of each mernber of the company not exceeding £1. and a charity registered under the Charities Act. Leasing Commitments Rentals paid undeT operating leases aTe charged in the Statement of FinaT)cial Activities. Fund Accounting Funds held by the company are either.. Unrestricted tseneral funds these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Unrestricted deslgnated funds- thes¢ are funds which, whilst unrestricted, have been allocated to certain projects. Restricted flmds these are funds that can only be used for particular restricted purposes specified by donoTS of the fimds. FurtheT explanation of the natUTe and purpose of each fund is included in the notes to the fmancial statements. Incoming Resourees Incoming resources comprises all incoming Tesour¢es becoming available to the company during the year and includes incotne from all SOUTce5 regardless of its source or of the purpose to which it is applied. Where applicable income is recognised where all conditions for receipt have been met and there 15 reasonable assurance of receipt. All income is reported gross with no setting off of costs or expenses. Page 12
BUMPY Limxted Notes to the Financial Statements for the Year Ended 31 March 2024 AccouiYfiNG POLICIES (Cont ..... Resources Expended All expendityre is accounted for on an accruals basis and has been classified under headings that aggregate all costs Telated to specific activities or categories. Costs of charitable actTVlties comprise all expenditure directly relating to the objects of the charity including costs inCued in supporting charitsble activities and PTojects. Governance costs comprise costs incUed in connection with the athninistration of the charity and compliance with constitutional and statutory requirements. Where appropriate costs are apportioned between charitable activities and governance expenditUTe by the trustees on a reasonable and consistent basis. Tangible Fixed Assets Tanuible fixed assets are stated at cost less depreciation. Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives &$ follows- Workshops and gaTage l O % reducing balance method Site roads and training area l O % reducing balance method Portacabin - 200/0 reducing balance method - over 24 years - 33 113 % straight line method - 33 113 % straight line rnethod 33 ll) % reducing balance method 10 % straight line tnethod Motor Vehicles Equipment Stock Stock is valued at th¢ loweT of cost and net realisable value. Deferred Ineome Defeed income represents sales invoiced in advance. VOLUNTARY INCOME Unrestricted Restricted 2024 2023 Funds Funds Total Funds Total Funds Grants. donations, and sundry income 43,408 43,408 28,085 INVESTMENT INCOME Unrestricted Restricted 2024 2023 Funds Funds Tot21 Funds Total Fund5 Interest received 5,687 5.687 1,037 Paoe 13
BUIVIPY Limited Notes to the Financial Statements for the Year Ended 31 March 2024 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Unrestricted Restricted 2024 2023 Funds Funds Total Funds Totsl Funds On road income Off road income Accredited training Garfield Weston Children In Need Charles Hayward One Community Kirklees Kirklees Safer Streets Mayor's Community National Lottery 186,900 56,154 92.927 186,900 56,154 92,927 190,293 53,230 108,570 30,000 34,786 21,000 4,100 6.000 7,856 89,073 34,786 21,000 4.100 6,000 7,856 89,073 21,000 5,900 7,600 2024 J35,981 162,815 498.796 2023 352,093 103,053 455,146 COSTS OF CHARITABLE ACTIVITIES Unrestricted Restricted Funds Fund5 2024 2023 Total Funds Total Funds On road cost Off Toad Cost Accredited training Offsite centre costs Big Lottery Capabilities Garfield Weston Children En Need ChaTles Hayward One Community Kirklees Kirklees Safer Streets Mayor's Community National Lottery Clothworkers Foundation Other funds 145.094 75.288 35,050 15,205 145,094 75,288 35,050 I5,205 152,771 131,538 38.903 19,843 889 23,722 34,786 6,890 4,415 6,278 37,786 21,029 5,585 6,000 7,600 84,073 6,278 37,786 21,029 5,585 6,000 7,600 84,073 6,200 253 1.976 1,976 2024 270,637 170,327 440,964 2023 343,055 77,155 420,210 Page 14
BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2024 GOVERNANCE COSTS Unrestricted Restrieted Funds Funds 2024 Tot21 2023 Totsl Salaries Independent examiners fees Other overhead costs Depreciation 20,236 20.236 i,600 36,615 1,922 il,874 i,500 27,284 1,304 36,615 1,922 2024 62,373 62,373 2023 63,962 63,962 TOTAL RESOURCES EXPENDED Staff Costs Lease Costs Other Costs 2024 Total 2023 Total Depreciation Charitable activities 290,856 19,283 7,931 122,894 440,964 420,210 Governance 20.236 1,922 4,461 35,754 62,373 63,962 2024 311.092 21,205 12,392 158,648 503,337 2023 294,748 14,564 20,075 154.785 484.172 STAFF COSTS 2024 2023 Wages and salaries Social security costs 294.839 16,253 277.965 16,783 311,092 294.748 The average number of employees. analysed by fiu)¢tion was '. 2024 Number 2023 Number Manatsement and administration Activity and recreation io io No employees received remuneration in excess of £60,000 per annurn (2023 - none). Page 15
BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2024 TAXATION The company is a Tegistered chaTity and under the provision of the CoTporation T&xes Act 2010 is exempt from taxation. io. TANGIBLE FIXED ASSETS Work- Site Shop Roads &
lld Training
Garage Are Yout Riders Club Workshop Equipment Motor Vehieles (ine Bikes) Portacabin Total Cost l April 2023 Additions Disposals 74.091 50,047 112,525 13.725 47,063 3,223 105,881 34,279 (3,556) (3,556) 403,J32 31 March 2024 74,091 50,047 112,525 13,725 50,286 lJ6,604 437,278 Depreciation l April 202J Disposals Charoe for the year 68,427 48,410 66,156 13,151 83,629 (3.223) J22,176 (3.223) 566 164 4,587 57 1,343 14,488 21,205 31 March 2024 68,993 48,574 70,743 13,208 43,746 94,894 340,158 Net Book Values 31 March 2024 5,098 1,473 41.782 517 6,540 41,710 97,120 31 March 2023 5,664 1,637 46,369 574 4,660 22,252 81,156 ii. STOCK 2024 2023 Motorcycle clothing. books, and consumables 10,098 3,3i6 Page 16
BUy Limited Notes to the Financial Statements for the Year Ended 31 March 2024 12. DEBTORS 2024 2023 Amounts falling due within one year Trade debtors Prepayments and accrued income 22.239 14,738 10,181 36.977 43,445 13. CREDITORS 2024 2023 Amounts falling due within one year Bank loans and overdrafts Trade creditors Other taxation and social security Accruals 11,043 54,292 16,602 7,300 10,000 48.946 15.100 7,356 89,237 81,402 2024 2023 Amounts falling due after more than one yeaT Bank Koans and overdrafts 12.231 22.500 14. RESTRICTED FUNDS Balance 01.04.23 Movelnents Incoming Outgoing Transfers Balance 31.03.24 Income Funds Garfield Weston Children In Need Hayward Foundation One Community Kirklee5 Mayors Community Kirklee5 Safer Streets National Lottery 6,278 3.000 14.110 1,485 7.600 {6,278) (37.786) (21,029) (5,585) (7.600) (6,000) {84,07J) 34,786 21,000 4,100 7,856 6,000 85,886 14.081 7,856 1.813 Capital Funds Haywood Foundation City Challenge W Y Probation Service Big Lottery Capabilities Children In Need National Lottery 1,611 582 37 3,558 767 (161) (58) (7) (712) (383) (655) 1,450 524 30 2,846 384 2.532 3,187 39,028 162,815 (170,327) 31,516 Page 17
BUy Limited Notes to the Financial Statements for the Year Ended 31 March 2024 14. RESTRICTED FUNDS (Cont . The incorne restricted funds represent income that the charity h&s received which is eannarked for specific projects. These include - The Garfield Weston Grant was established to help towards the core activity running costs of Bumpy and also with the transition from Covid back to nornial day to day activities. The Children In Need Grdnt was established to work with young people who are suffering with mental health conditions following the Covid lockdown. The Hayward Foundation Grant was established to work with groups of girls who would otheTwise becorne involved in exploitation or gang related crimes. The One Community Kirklees Grant was established to provide rnotorcycle activities to young people in our local communities during the school holidays. The Mayors Community Grant was established to deliver eaTly intervention sessions by teaching the legalities and road safety suOUndIn0 motorcycle anti-social behaviour within North Kirklees. The Kirklees Safer Streets Grant was established as part of the Home Office Safer Streets Funding 4. The key element is building the resilience of childTen and young people, en(raoing them in co- producing solutions to help move them away frorn Crirne and anti-social behaviour and improve wellbeing. The National Lottery GTant was established to work with young people with challenging behaviour so as to enaage in rnulti-faceted bespoke programmes that support learnin develop new skills, gain qualifications and start to change the direction of their lives. The capital restricted funds repTesent capital grants that the charity has received to fmance th¢ acquisition and enhancement of tangible fixed assets which are subject to depTeciation. The grants are Teleased in line with depreciation charges. and the balances on these accounts thus represent the extent to which the capital grants have not been written back. 15. UNRESTRICTED FUNDS (DESIGNATED) Balance MoveTnents Ineoming Outgoing Transfers Balance 31.03.24 01.04.23 Propety Maintenance Grounds Developrnent Orbloff Road Equipment Fundraising Projects Business Continuity 22,566 22,566 22,566 22,566 60,174 (5,988) 13,798 7,810 22,298 31,796 20,827 30,376 (14,488) (23,987) 81,001 150.438 (44.46)) 96,529 202,504 Property Maintenance fund - the trustees set aside funds to keep the existing site workshop, garacre and office buildings maintained to an acceptable standard for a number of yeaTS to corne and also potentially replace, when needed. or add, additional buildings to the site. This year £1,906 was spent on site security and £4,082 on property rnaintenance. Grounds Development fund - the trustees set aside funds that will be used to further develop the off road site. No such costs were incued during the year. Page 18
BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2024 15. UNRESTRICTED FUNDS (DESIGNATED) (Cont ..... On/Off Road Equipment fund - in earlier years the tnte¢S set &side funds deemed necessary to replace existing. ageing, on and off road vehicles and ancillary equipment held by the charity. This year has seen on and off Toad vehicEe investment totalling £34.279. The above charge of £14,488 represents the depreciation charged in the year on these invesbnents plus that charged to &ssets already held at the beginning and end of the charity's fll]ancial year. Fundraising Projects fund with the neveT-ending requirement for new restricted funding from independent sources, the fimds required to cover the cost of these specialist fLU]d acquiring services have again been set aside this year. After allocating a substantial amount of grant funding received, a balancing amount of £23,987 was spepAt on these services this year. Business Continuity fund the Charity is dependent on income from all sources to maintain services at present levels with any reduction in such income having a significantly adverse effect. The trustees, in setting a reserves policy, have agreed that it would be prudent to have all unrestricted ndS designated to protect against this risk. This level of resources would provide the chartty sufficient time to agree and implement new policies in the event of adverse fluctuations in either costs OT funding. It has also been deemed necessary by the trustees to allocate a red percentage of the total unrestricted designated funds held by the charity at the year end to each fund balance. These apportionments are 150/0 foT each of the property, grounds development, onloff road equipment and fundraising projects funds and 40 % for the business continuity fund. 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Net Assets 2024 Total 2023 Total Restricted funds Unrestricted funds (designated) 31,516 65,604 31.516 202,504 39,028 150,438 136.900 97,120 136,900 234,020 189,466 17. GUARANTEES AND CONTINGENCIES There were no known contingent liabilities at the balance sheet date. 18. COMMJTMENTS UNDER OPERATING LEASES At 31" March 2024, the company had annual commitments under non-cancellable operating leases as set out below. 2024 2023 Operating le&ses which expire: After more than five yeaTS 20.750 20,750 19. RELATED PARTIES The trusteesldirectors of the company are related parties. There are no related party transactions in the reporting period that requTre disclosing. No trustees received any remuneration or have been reimbursed for any expenses during the year. Page 19