BRADFORD AND DISTRICT COMMUNITY EMPOWERMENT NETWORK
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £10,639 for the year ended 31 March 2023, following a deficit in the previous year. The trustees note that the budget for 2023-24 shows a deficit position based on current contracted funding and that future funding is uncertain, though they are confident new streams can be secured. Free unrestricted reserves totalled £270,502, representing 5.8 months of expenditure after deducting statutory redundancy costs.
What the accounts disclose
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → no going-concern doubt (FY2023).
Funders the charity credits
- West Yorkshire Combined Authority Violence Reduction Partnership
- Policing and Crime Team
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Hazlin Hasanchair
- MS JENNY SCOTT
- PETER TATE
- Peter John Bloom
- Shafiq Ahmed
- Shazia Zamir
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £179k | £229k |
| 31/03/2024 | £317k | £288k |
| 31/03/2023 | £542k | £531k |
| 31/03/2022 | £472k | £482k |
| 31/03/2021 | £499k | £479k |
Common questions
Is BRADFORD AND DISTRICT COMMUNITY EMPOWERMENT NETWORK financially healthy?
The accounts state that the charity reported a surplus of £10,639 for the year ended 31 March 2023, following a deficit in the previous year. The trustees note that the budget for 2023-24 shows a deficit position based on current contracted funding and that future funding is uncertain, though they are confident new streams can be secured. Free unrestricted reserves totalled £270,502, representing 5.8 months of expenditure after deducting statutory redundancy costs. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £370k |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £262k |
| THE ROTHLEY TRUST | 1 | £8k |