REGISTERED NUMBER: 02433560 (England and Wales) Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 BUMPY Limited
BUMPY Limited Index to the Financial Statements for the Year Ended 31 March 2025 Company Information Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Statement of Changes in Equity Notes to the Financial Statements Page 1 2 8 9 10 11 12
BUMPY Limited Company Information for the Year Ended 31 March 2025 CHAIRMAN: Mr M Ward VICE CHAIRMAN: DIRECTORS Mr JD Mitchell Mr M J Smith Mr D Hought Mr P Scott Mr S J Bolland TREASURER: SECRETARY: REGISTERED OFFICE: Mr R Seed Ms C Kenzitt Howden Clough Birstall Batley WF17 0JB CHARITY REGISTRATION NUMBER: 702335 COMPANY REGISTRATION NUMBER: 02433560 (England and Wales) INDEPENDENT EXAMINER: Andrew Wilkinson FCA Malcolm 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 1
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 The trustees present their annual report together with the financial statements of the charity for the year ended 315 March 2025, which are also prepared to meet the requirements for a directors report and accounts for Companies Act purposes. 1. Structure, Governance and Management The company was incorporated in October 1989, and it is limited by guarantee without share capital. The liability of the members is limited to fl each. Accumulated funds are not distributed to the members. The governing instrument under which the company operates is its Memorandum and Articles of Association. The trustees are treated as directors for Companies Act purposes. The company is governed by its board of directors, which meets on a monthly basis. The board, assisted by senior management, is responsible for formulating the strategy and policies for the company as a whole including the approval of budgets and the exercising of financial controls through regular financia The directors during the year are set out below. They are also guarantee members of the company up to the extent of one pound each. Currently new board members are recruited 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 observer and introduced to the organisation. Copies of the Articles of Association and Memorandum of Association are then sent to new Trustees. Annual General Meeting, and shall be eligible for re-election. The directors who have held office during the whole of the period from 1" April 2024 to the date of this report are as follows: Mr S J Bolland Mr D Hought Mr JD Mitchell Mr P Scott Mr R Seed Mr M J Smith Mr M Ward 2. Risk Assessments The directors have identified the major strategic, business and operational risks which the company faces and systems are in place to mitigate any exposure to these risks. 3. Objectives and Activities The company is registered for charitable purposes, the objectives of which are: a. For the public benefit to provide, 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 members of society. b. To provide vocational training for young people in West Yorkshire, which will enhance employment prospects. c. The prevention of road accidents and the protection of good health, by improving road skills of young people in West Yorkshire and reducing the number of serious accidents and deaths. Page 2
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 3. 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 Yorkshire and who have been convicted of a criminal offence involving a motor vehicle, or whose circumstances may create tendencies in them towards such offences so that they may grow to maturity as individuals and members of society, and become better equipped to take a useful and responsible place in society, and their conditions of life may be improved. e. To provide, in the interest of social welfare, facilities for recreation or other 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. 4. f. The use of volunteers to help with marshalling to provide a safe environment on the park is paramount over weekends when young people are on site riding their own motorcycles. Volunteer help is also essential in the running of the Young Riders club to aid the teaching of riding skills and techniques. We also enjoy the help of people who for medical reasons have been out of the workplace for a number of years, giving them the opportunity for rehabilitation through park maintenance 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 general guidance on public benefit when undertaking this review process. Achievements, Performance and Financial Review Off Road & On Road Community Fund Second Year of Funding for the Directions Project The second year of funding for the Directions project has enabled Bumpy to engage with 40 young people, guiding them through a transformative journey. These individuals have developed resilience and confidence, actively participating in the project and experiencing significant positive changes. This engagement has empowered them to reintegrate into education, overcome social isolation, and strengthen relationships within their families and social circles. The Directions project has provided a supportive platform, offering guidance and resources to help these young people navigate various challenges. By creating a safe and nurturing environment, Bumpy has helped them overcome barriers and unlock their potential. This has not only encouraged personal growth but also positively impacted the broader community. As these young people reintegrate into education and rebuild relationships, they become role models and ambassadors for positive change, inspiring others to follow in their footsteps. The impact of the Directions project extends beyond individual participants, creating a ripple effect of empowerment and transformation throughout the community. Reduction in Criminal Activities We have observed a significant decrease in the involvement of our young people in criminal activities. In cases where a young person was previously implicated or suspected, no further action has been taken against them. This reflects their strong commitment to making positive choices, which extends beyond their involvement in the project and into their social lives. It is encouraging to see these individuals actively choosing paths that promote positive behaviour and contribute to the betterment of their communities. This demonstrates a positive shift in their mindset and highlights their determination to lead productive and law- abiding lives. Their efforts in making positive choices benefit not only themselves but also have a ripple effect on their peers and surroundings, encouraging a safer and more supportive environment for everyone involved. Attendance and Skill Development Throughout the year, the attendance of young people has been consistently remarkable, with an average of 99%. This high attendance rate reflects their dedication and commitment to the program. During their time at Bumpy, these young people have not only improved their understanding of mechanics but have also developed crucial skills in responsible riding and road safety. They have actively engaged in learning sessions, demonstrating a genuine interest in mastering the mechanies of motorcycles while understanding the importance of safe and responsible riding practices. This comprehensive learning approach has provided them with valuable knowledge and skills that extend beyond the classroom. By actively participating in these sessions, they are enhancing their technical abilities and developing a deeper understanding of the responsibilities associated with riding and the bilities and leveloping a deeper regulations, ge 3 Page 3
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 4. Achievements, Performance and Financial Review (Cont .....) Off Road & On Road Charles Hayward Foundation Final Year of Funding for the Charles Hayward Foundation Project The second year of funding has been highly successful in achieving its goals, providing essential support and skills to 76 young girls at risk. The positive feedback and outcomes demonstrate the effectiveness of our approach. Project Description The project was designed to provide a safe and supportive environment for young girls facing various challenges. The girls participated in a 6-week program that included both group and one-on-one workshops. These sessions were tailored to address their personal issues and experiences, with the support of female workers to build confidence and self-esteem. sessions provided them with the knowledge and tools to protect themselves and seek help. • School Attendance: 10% of the participants were chronic non-attenders. The program helped re-engage them with education and provided pathways to return to school. • Self-Harming: 5% of the girls were victims of self-harming. We offered support and resources to help them cope and recover. A has faced significant challenges over the past few years, and our support has been crucial. Here's a summary of her journey and the impact of the Bumpy project: A's struggles began during the first lockdown, exacerbated by the cramped living conditions in a two- bedroom council house. Initially a typical 10-year-old, her issues became apparent as the world sleep issues, and a lack of support from her school. Despite efforts to seek help, including a year-long wait for support, A's condition worsened. She rarely left her room, leading to health issues such as vitamin D deficiency. Attempts to re-engage her with education at home were unsuccessful, and her sleep problems persisted A breakthrough came when services made a second attempt to support A. She began to interact with a Senior Practitioner, who suggested she might have ADHD and Autism. A is now on a waiting list for a dual neuro assessment and has been identified as needing long-term support for depression and anxiety. The Bumpy project has started to make a positive impact on A's life. Through consistent support and tailored sessions, she has begun to engage more and show signs of improvement. The project has provided a lifeline, offering hope and a path forward for A and her family. Conclusion With news items continually reporting on the abuse of girls and women, it has been a privilege, with funding from The Charles Hayward Foundation, to work with 76 vulnerable young women, giving them and their families the tools to keep themselves safe into their future. Continued funding will enable us to expand and sustain these impactful programs, reaching more girls in need and helping them build a brighter future. 29h May 1961 Funding Revving Up Futures Project The first year of the Revving Up Futures Project has been highly successful. The £5,000 grant significantly contributed to the project's delivery, resulting in 144 referrals from youth justice, police, social workers, schools, and self-referrals by parents. The project provided 1,152 hours of valuable support to all young Page 4
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 4. Achievements, Performance and Financial Review (Cont ....) Program Overview Over 13 weeks, 144 young people attended the program, which featured a multi-agency delivery approach. Each session was designed to be fun and engaging, allowing participants to comforably take part in road safety sessions and off-road motorcycle training. These activities helped build their self-esteem and Police Collaboration The program facilitated positive engagement with the police off-road bike team, who delivered road safety inputs. These sessions were well-received, with participants actively engaging in discussions about the scenarios presented and how the outcomes could impact their life choices. This collaboration not only provided valuable safety training but also helped build trust and positive relationships between the young people and law enforcement. The success of the program extended beyond the individual participants to the wider community. By engaging young people in positive activities and providing them with valuable life skills, the program contributed to a reduction in anti-social behaviour and improved community relations. Parents who previously reported their children were isolated from the community now see them actively engaged following sessions delivered by the Revving Up Futures Project. The Revving Up Futures Project has made a significant impact in its first year, thanks to the generous funding and collaborative efforts of all involved. We look forward to continuing this important work and expanding our reach to support even more young people in the future. On Road We continue to provide a professional 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. Targeted work funded by the Kirklees Council on the the Mayor's Community Fund enabled young people from the local neighbourhood to make a change to their lives. With support to apply for a provisional driver's licence and training to the standard required for a CBT, providing helmet and gloves to each young person. Giving them the opportunity to break the cycle of illegal riding. The CBT will remain valid for a period of 2 years. Accredited Training Projects (Alternative Curriculum Activities) Delivery of ABC Motor Vehicle Studies Certificate Level 1 qualifications, with others achieving Award and Entry Level 3 qualifications has seen pupils from local schools and PRU attending with 15 young people gaining certification. 6 of the young people attending went on to college to continue their education through further education courses building on their 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 riding skills. These activities were delivered with the aid of Garfield Weston funding which allowed continuation of our core delivery activities. 5. Review of Financial Statements Unrestricted Funds reme in on and fred income in compare to in one es, expenditure also significantly increased in comparison to the previous year, mainly due to increased salary, test fees and rent costs, to £411,031 (2024 - £333,010). The has left the charity with a surplus for the year of £19,637 (2024 - £52,066). BUMPY has clearly therefore had a successful year in meeting its charitable aims and objectives. ith an opening unrestricted designated fund balance of £202,504, a net movement from charitab tivities of £19,637 over the year, there is now an unrestricted designated fund surplus of £222,141| carry forward to future years. Page 5
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 Restricted Funds Restricted funds are created when monies are received either for particular areas or purposes. In the year to 31 March 2025 there was a surplus in income of £20,794 (2024 - deficit of £7,512). This is added to the opening balance of £31,516 leaving a balance of £52,310 to be carried forward to future years. These fund balances will reduce annually until the grant funded projects are completed 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 fulfil project obligations 6. Statement of Company's Policies The company's fundamental policy is to maintain and further the aims of the company as stated in Section 2 of this report. (2024 - £111,003) and £205,515 (2024 - £166,505). 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 is £222, 141 (2024 - £202,504) with the directors having taken the decision lo allocate them all to specific designated, but unrestricted funds (see note 15 to the financial statements). 7. Plans for Future Periods There will be continued focus on securing additional funding sources to support our charitable aims along with development of service opportunities to the community. BUMPY will continue to increase public awareness to encourage off road use and help educate local young people in their responsibilities around anti-social behaviour and dangers surrounding the illegal riding of motorcycles. Further, we will again be looking for all opportunities to increase commercial and industry awareness to support both the use of and funding of our facilities. 8. General The directors wish to thank all those Corporate bodies, individuals and volunteers who in any way, either directly or indirectly, have contributed funds, support or assistance to BUMPY during the last 12 months. The Board would also like to thank all the members of the BUMPY staff for their continued support and commitment. 9. Statement of Responsibilities of the Trustees/Directors The charity trustees (who are also the directors for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the trustees to prepare financial statements for each year. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including income and expenditure for the financial year. In preparing the financial statements, the members of the management committee are required to: • select suitable accounting policies and then apply them consistently; • make judgements and estimates that are reasonable and prudent; • state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements • prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business. Page 6
BUMPY Limited Report of the Trustees for the Year Ended 31 March 2025 9. Statement of Responsibilities of the Trustees/Directors (Cont .....) The members of the Management Committee/Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and that enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The trustees also confirm that they have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance on public benefit published by the Charity Commission. Signed on behalf of the trustees Mr M Ward Chairman Dated : 3 November 2025 Page 7
BUMPY Limited Independent Examiner's Report to the Members of BUMPY Limited for the year ended 31 March 2025 I report on the accounts of BUMPY Limited for the year ended 31% March 2025 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 charity'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 required by law to prepare accrued accounts and I am qualified to undertake the examination by being a member of The Association of Chartered Certified Accountants. Having been satisfied that the 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 2011 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 1o state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination was carried out in accordance with the General 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 also includes consideration of any unusual items or disclosures 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 audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: • to keep records in accordance with section 386 of the Companies Act 2006; and • to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Companies Act 2006 and also to prepare accounts in accordance with the Charities SORP (FRS 102) and with the methods and principles set out in Charities SORP (FRS 102) have not (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. st a Andrew Wilkinson FCA West Hill House Allerton Hill Chapel Allerton Leeds LS7 3QB Dated: 3 November 2025 Page 8
BUMPY Limited Statement of Financial Activities (including Statement of Comprehensive Income) for the Year Ended 31 March 2025 Notes Unrestricted Restricted Endowment 31.03.2025 Funds Funds Funds Total Funds Incoming resources Incoming resources from generated funds: Donations and legacies 2 Investment income and interest 3 Incoming resources from charitable activities 4 Teral incoming Resources expended Charitable activities Governance costs 5 6 Total resources expended 7&8 Net resenter an one resences grants Transfers between funds let movement in fund or the yea Reconciliation of Funds: Total funds brought forward at 1 April 2024 unds carried forwar t 31 March 202 36,752 5,287 388,629 430,668 347,715 63,316 411,031 19,637 19,637 202,504 222,141 31.03.2024 Total Funds - 163,761 163,761 142,967 - 142,967 20,794 20,794 31,516 52,310 - - - - - 36,752 5,287 552,390 594,429 490,682 63,316 553,998 40,431 40,431 234,020 274,451 43,408 5,687 498,796 547,891 440,964 62,373 503,337 44,554 - 44,554 189,466 234,020 All of the above results are derived from continuing activities and there have been no acquisitions during the year. The notes form pam fine financial sacemen
BUMPY Limited Balance Sheet (Registered number 02433560) 31 March 2025 31.03.2025 31.03-2024 Fixed Assets : Tangible asset Current Assets : Stock Debtors Cash at bank and in hand Creditors: Amounts falling due within one year Net Current Assets: Total Assets Less Current Liabilities : Creditors: Amounts falling due after mor than one year Net assets Capital and Reserves: Restricted funds Unrestricted funds (designated) Notes 10 92.623 € 97,120 13 13,482 66,833 178,732 259,047 74,692 10,098 36,977 191,293 238,368 89,237 184,355 276.978 2,527 274,451 149,131 246,251 12,231 234,020 14 15 52,310 222.141 274.451 31,516 202,504 234,020 For the financial year ended 31" March 2025 the company was entitled to exemption from audit under section 77 of the Companies Act 2006 relating to small companies. No members have required the company to obtair an audit of its accounts for the year ended 31" March 2025 in accordance with section 476 of the Companies Ac The directors acknowledge their responsibility for complying with the requirements of the Act with respect t counting records and for the preparation of account: hese financial statements have been prepared in accordance with the provisions applicable to companies subje › the small companies' regime and constitute the annual accounts required by the Companies Act 2006 and al for circularisation to members of the company. The financial statements were approved by the board of directors on 3 November 2025 and signed on its behalf ON BEHALF OF THE BOARD: Mr M Ward Chairman Mr R Seed The notes form part of these financial statements Page 10
Balance at 1 April 2023 Changes in equity Total comprehensive income Balance at 31 March 2024 Changes in equity Total comprehensive income Balance at 31 March 2025 BUMPY Limited Statement of Changes in Equity for the Year Ended 31 March 2025 Unrestricted Funds € 150,438 52,066 202,504 Restricted Funds Endowment Funds € Total Equity 39,028 (7,512) 31,516 189,466 44,554 234,020 19,637 222,141 20,794 52,310 40,431 274,451 The notes form part of these financial statements Page 11
BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 1. ACCOUNTING POLICIES Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities 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 otherwise stated in the relevant accounting policy note(s). The company has availed itself of paragraph 3(3) of Schedule 4 of the Companies Act formats to reflect the special nature of the company's activities. Preparation of the accounts on a going concern basis The trustees consider there are 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 member of the company not exceeding fl, and a charity registered under the Charities Act. Leasing Commitments Rentals paid under operating leases are charged in the Statement of Financial Activities. Fund Accounting Funds held by the company are either: charitable objects at the discretion of the trustees. more doe at erings e finds which can be used in accordance with the Unrestricted designated funds - these are funds which, whilst unrestricted, have been allocated to certain projects. Restricted funds - these are funds that can only be used for particular restricted purposes specified by donors of the funds. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Incoming Resources Incoming resources comprises all incoming resources becoming available to the company during the year and includes income from all sources 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 is reasonable assurance of receipt. All income is reported gross with no setting off of costs or expenses. Page 12
1. 2. 3. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES (Cont .....) Resources Expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to specific activities or categories. Costs of charitable activities comprise all expenditure directly relating to the objects of the charity including costs incurred in supporting charitable activities and projects. overance costs comprise costs incurred in connection with the administration of the charity an ompliance with constitutional and statutory requirement Vhere appropriate costs are apportioned between charitable activities and governance expenditure b le trustees on a reasonable and consistent basis Tangible Fixed Assets Tangible 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 as follows: Workshops and garage - 10% reducing balance method Site roads and training are - 10% reducing balance method - 20% reducing balance method - over 24 years Motor Vehicles Equipment - 33 1/3% straight line method • 33 1/3% straight line metho 33 1/3% reducing balance metho - 10% straight line method Stock Stock is valued at the lower of cost and net realisable value. Deferred Income Deferred income represents sales invoiced in advance. VOLUNTARY INCOME Grants, donations, and sundry income Unrestricted Restricted 2025 2024 Funds Funds Total Funds Total Funds 36,752 - 36,752 43,408 INVESTMENT INCOME Interest received Unrestricted Restricted Funds Funds € 5,287 - 2025 Total Funds 5,287 2024 Total Funds 5,687 Page 13
5. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Unrestricted Restricted 2025 2024 Funds Funds Total Funds Totat Funds 206,270 60,768 121,591 : 30,000 206,270 186,900 60,768 56,154 121,591 92,927 30,000 34,786 21,000 10,000 10,000 4,100 6,000 7,856 89,073 2025 2024 388,629 335,981 84,5Si 5,000 30,210 4,000 163,761 84,551 5,000 30,210 4,000 552,390 162,815 498,796 COSTS OF CHARITABLE ACTIVITIES On road cost Off road cost Accredited training Offsite centre costs Garfield Weston Children In Need Charles Hayward ne Community Kirkle irklees Safer Stree Mayor's Community National Lottery 291 May 1961 John Swire 1989 Other funds 2025 2024 Unrestricted Restricted Funds Funds 168,752 120,181 41,070 17,712 : 347,715 270,637 : 15,000 14,08L 5,000 7,856 86,364 5,000 7,449 2,217 142,967 170,327 2025 2024 Total Funds Total Funds 168,752 120,181 41,070 17,712 15,000 14,08 i 5,000 7,856 86,364 5,000 7,449 2,217 490,682 145,094 75,288 35,050 15,205 6,278 37,786 21,029 5,585 6,000 7,600 84,073 440,964 Page 14
8. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 6. GOVERNANCE COSTS Unrestricted Restricted Funds Funds Salaries Independent examiners fees Other overhead costs Depreciation 2025 2024 26,240 3,363 31,915 1,798 63,316 62,373 7. TOTAL RESOURCES EXPENDED Staff Costs € Charitable activities Governance 2025 2024 340,403 26,240 366,643 311,092 Depreciation Lease Costs 18,383 1,798 20,181 1,20 11,275 6,342 17,617 12,392 STAFF COSTS Wages and salaries Social security costs The average number of employees, analysed by function was : Management and administration Activity and recreation : : - Other Costs € 120,621 28,936 149,557 158,648 No employees received remuneration in excess of £60,000 per annum (2024 - none). 2025 Total 26,240 3,363 31,915 1,798 63,316 2025 Total € 490,682 63,316 553,998 2025 345,315 21,328 366,643 2025 Number 12 Page 15 2024 Toral 20,236 3,600 36,615 1,922 62,373 2024 Total € 440,964 62,373 503,337 2024 294,839 16,253 311,092 2024 Number 10
9. 10. 11. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 TAXATION The company is a registered charity and under the provision of the Corporation Taxes Act 2010 is exempt from taxation. TANGIBLE FIXED ASSETS Work- Shop and Cost 1 April 2024 Additions Disposals 31 March 2025 Garage 74,091 : 74,091 Site Roads & Training Area € 50,047 : 50,047 Youth Riders Club Portacabin Workshop Equipment 112,525 : 112,525 13,725 50,286 : : 13,725 50,286 Depreciation 1 April 2024 Disposals Charge for the year 31 March 2025 68,993 - 510 69,503 48,574 70,743 147 48,721 4,587 75,330 13,208 51 13,259 43,746 - 568 44,314 Net Book Values 31 March 2025 4,588 1,326 37,195 466 5,972 31 March 2024 5,098 1,473 41,782 517 6,540 STOCK Motorcycle clothing, books, and consumables Motor Vehicles (inc Bikes) € 136,604 19,208 (18,251) 137,561 94,894 (14,727) 14,318 94,485 43,076 41,710 2025 13,482 Total 437,278 19,208 (18,251) 438,235 340,158 (14,727) 20,181 345,612 92,623 97,120 2024 10,098 Page 16
12. 13. 14. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 DEBTORS Amounts falling due within one year Trade debtors Prepayments and accrued income 2025 54,961 11,872 66,833 CREDITORS Amounts falling due within one year Bank loans and overdrafts Trade creditors Other taxation and social security Accruals Amounts falling due after more than one year Bank loans and overdrafts RESTRICTED FUNDS 10,000 31,328 28,502 4,862 74,692 2025 2,527 Balance 01.04.24 Movements Incoming Outgoing Transfers Income Funds Hayward Foundation Garfield Weston One Community Kirklees Mayors Community 291* May 1961 John Swire 1989 Ironmongers National Lottery Capital Funds Haywood Foundation City Challenge WY Probation Service Big Lottery Capabilities Children In Need National Lottery 14,081 7,856 1,813 1,450 524 30 2,846 384 2,532 31,516 Page 17 30,000 10,000 5,000 30,210 4,000 84,551 - 163,761 (14,081) (15,000) (5,000) (7,856) (5,000) (7,449) (86,364) (145) (52) (6) (569) (384) (1,061) 142,967 : - - - - 2024 22,239 14,738 36,977 2024 11,043 54,292 16,602 7,300 89,237 2024 € 12,231 Balance 31.03.25 15,000 5,000 22,761 4,000 1,305 472 24 2,277 1.471 52,310
14. 15. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 RESTRICTED FUNDS (Cont ....) The income restricted funds represent income that the charity has received which is earmarked for specific projects. These include: • The Gartield Weston Grant was established to help towards the core activity running costs of Bumpy and also with the transition from Covid back to normal day to day activities. • The Hayward Foundation Grant was established to work with groups of girls who would otherwise become involved in exploitation or gang related crimes. • The One Community Kirklees Grant was established to provide motorcycle activities to young people in our local communities during the school holidays. • The Mayors Community Grant was established to deliver early intervention sessions by teaching the legalities and road safety surrounding motorcycle anti-social behaviour within North Kirklees. • The National Lottery Grant was established to work with young people with challenging behaviour so as io engage in multi-faceted bespoke programmes that support learning, develop new skills, gain qualifications and start to change the direction of their lives. • The 29'h May 1961 Grant was established to assist in the funding of the Revving Up Futures Project. This has so far been highly successful and has resulted in 144 referrals from youth justice, police, social workers, schools and self referrals by parents. The project provided 1,152 hours of delivery offering valuable support to all young participants. • The John Swire 1989 Grant was established to help children and young people experiencing the sharpest end of challenges within their home, community and school life settings. Bumpy will provide experiences, interventions and training that opens doors, minds and possibilities informing The capital restricted funds represent capital grants that the charity has received to finance the acquisition and enhancement of tangible fixed assets which are subject to depreciation. The grants are released 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. UNRESTRICTED FUNDS (DESIGNATED) Balance Movements Balance 01.04.24 Incoming Outgoing Transfers 31.03.25 Property Maintenance Grounds Development On/Off Road Equipment Fundraising Projects Business Continuity 30,376 30,376 30,736 30,375 81,001 202,504 (6,420) (14,318) (15,137) (35,875) 9,365 2,945 17,263 18,083 7,856 55,512 33,321 33,321 33,321 33,321 88,857 222,141 roperty Maintenance fund - the trustees set aside funds to keep the existing site workshop, garage ar ffice buildings maintained to an acceptable standard for a number of years to come and also potential replace, when needed, or add, additional buildings to the site. This year £2,252 was spent on site security and £4,168 on property maintenance. Grounds Development fund - the trustees set aside funds that will be used to further develop the off-road site. No such costs were incurred during the year. Page 18
15. 16. 17. 18. 19. BUMPY Limited Notes to the Financial Statements for the Year Ended 31 March 2025 On/Off Road Equipment fund - in earlier years the trustees set aside 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-road vehicle investment totalling £19,208. The above charge of £14,318 represents the depreciation charged in the year on these investments plus that charged to assets already held at the beginning and end of the charity's financial year. UNRESTRICTED FUNDS (DESIGNATED) (Cont .....) Fundraising Projects fund - with the never-ending requirement for new restricted funding from independent sources, the funds required to cover the cost of these specialist fund acquiring services have again been set aside this year. After allocating a substantial amount of grant funding received, a balancing amount of £15,137 was spent 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 funds designated to protect against this risk. This level of resources would provide the charity sufficient time to agree anc implement new policies in the event of adverse fluctuations in either costs or funding. Il has also been deemed necessary by the trustees to allocate a fixed percentage of the total unrestricted designated funds held by the charity at the year end to each fund balance. These apportionments are 15% for each of the property, grounds development, on/off road equipment and fundraising projects funds and 40% for the business continuity fund. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Net Assets 2025 Total 2024 Total € Restricted funds Unrestricted funds (designated) 52,310 40,313 92,623 181,828 181,828 52,310 222,141 274,451 31,516 202,504 234,020 GUARANTEES AND CONTINGENCIES There were no known contingent liabilities at the balance sheet date. COMMITMENTS UNDER OPERATING LEASES At 31" March 2025, the company had annual commitments under non-cancellable operating leases as set out below. 2025 2024 Operating leases which expire: After more than five years 23,000 20,750 RELATED PARTIES Che trustees/directors of the company are related parties. There are no related party transactions in the reporting period that require disclosing No trustees received any remuneration or have been reimbursed for any expenses during the year. Page 19