Bradford Moor Play & Support Services Ltd |
Registered number: |
07766238 |
Balance Sheet |
as at 31 March 2024 |
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Notes |
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|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
7 |
|
|
25,680 |
|
|
24,549 |
|
Current assets |
Cash at bank and in hand |
|
|
35,830 |
|
|
50,388 |
|
Creditors: amounts falling due within one year |
8 |
|
(968) |
|
|
(1,787) |
|
Net current assets |
|
|
|
34,862 |
|
|
48,601 |
|
Net assets |
|
|
|
60,542 |
|
|
73,150 |
|
|
|
|
|
|
|
|
|
Unrestricted revenue accumulated funds |
|
|
20,276 |
|
|
35,360 |
Restricted revenue accumulated funds |
|
40,266 |
|
|
37,790 |
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Total Organisations funds |
|
|
|
60,542 |
|
|
73,150 |
|
|
|
|
|
|
|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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Qadir Ahmed |
Director |
Approved by the board on 24 March 2025 |
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Bradford Moor Play & Support Services Ltd |
Notes to the Accounts |
for the year ended 31 March 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2008, and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing. |
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Advantage has been taken of Section 396(5) of the Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operations and in order to comply with the requirements of the SOP. |
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The particluar accounting policies adopted set out below. |
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Accounting convention |
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The financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments. |
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The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid. |
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Incoming resources |
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Incoming resources are accounted for on a receivable basis. |
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2 |
Recongnition of liabilities |
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Liabilities are recognised on the accruals basis in accrodance with normal accounting principles, modified where necessary in accrodance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales. |
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Fixed assets and depreciation |
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All tangible fixed assets , except freehold land an building are stated at costs less depreciation. Freehold land and building are stated at valuation arrived at by a professionally qualified firm of valuers, who valued the assets on the basis of open market value in current use. |
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Items of less than £100 are not capitalised. |
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Depreciation has been provided at the following rates in order to write off the assets ( less their estimated residual value) over their estimated useful economic lives. |
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Plant and machinery |
20% straight line method |
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Taxation |
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As a charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax in not recoverable by the company and is therefore included in the relevant costs in the statement of Financial Activities. |
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Funds structure policy |
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The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held held in order to finance both working capital and capital investment. |
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Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accrodance with the restrictions placed upon them. |
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A fixed asset fund is maintained which represents the written down value of tangible fixed assets, and is divided into a restricted fixed asset fund representing the written down value of those assets subject to restrictions, with the balance being in a designated fund representing the written down value of those assets free of restrictions. The detailed operation of these funds is described under the accounting poilcy 'Capital grants' |
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There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above. |
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Any other proposed transfer between funds would be considered on the particular circumstances. |
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Winding up or dissolution of the charity |
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If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. |
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3 |
(Deficit)/suplus for the financial year |
2024 |
|
2023 |
£ |
£ |
|
This is stated after crediting:- |
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Revenue Turnover from ordinary activities |
114473 |
|
156695 |
|
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and after charging:- |
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Depreciation of owned fixed assets |
6420 |
|
6138 |
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Reporting Accountant fees |
800 |
|
800 |
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4 |
Statement that no expenses were paid to trustees or connected persons |
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No expenses were paid to trustees or persons connected with them. |
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5 |
Staff Costs and Emoluments |
2024 |
|
2023 |
Number |
Number |
|
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Gross Salaries |
2 |
|
4 |
|
|
|
|
|
|
|
|
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There were no fees or other remuneration paid to the trustees |
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There were no employees with emoluments in excess of £60,000 per annum |
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6 |
Trustees' remuneration |
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Neither the trustees nor any persons connected with them have received remuneration, either in the current year or the prior year. |
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7 |
Tangible functional fixed assets |
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|
|
|
|
|
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Plant and machinery etc |
£ |
|
Asset cost, valuation or revalued amount |
|
At 1 April 2023 |
51,636 |
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Additions |
7,551 |
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At 31 March 2024 |
59,187 |
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|
|
|
|
|
|
|
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Depreciation |
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At 1 April 2023 |
27,087 |
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Charge for the year |
6,420 |
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At 31 March 2024 |
33,507 |
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|
|
|
|
|
|
|
|
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Net book value |
|
At 31 March 2024 |
25,680 |
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At 31 March 2023 |
24,549 |
|
|
8 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Taxation and social security costs |
60 |
|
- |
|
Accruals |
908 |
|
1,787 |
|
|
|
|
|
|
968 |
|
1,787 |
|
|
|
|
|
|
|
|
|
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9 |
Analysis of Net Movements in Funds |
2024 |
|
2023 |
£ |
£ |
|
|
Net Movement in funds from Statement of Financial Activities |
(12,608) |
|
610 |
|
|
|
|
10 |
Revaluation reserve |
2024 |
|
2023 |
£ |
£ |
|
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Gain on revaluation of land and buildings |
2,415 |
|
2,415 |
|
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At 31 March 2024 |
2,415 |
|
2,415 |
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11 |
Other information |
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Bradford Moor Play & Support Services Ltd is a private company limited by guarantee without share capital: |
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The cabin at Attock Park |
|
Rufford Street |
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Bradford |
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BD3 8AX |