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2021-03-31-accounts

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

Registered Charity Number - 1015436

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

CONTENTS PAGE
TRUSTEES REPORT 1-3
INDEPENDENT EXAMINERS REPORT 4
STATEMENT OF FINANCIAL ACTIVITIES 5
BALANCE SHEET 6
NOTES 7-15
The following pages form no part of the financial statements
ANALYSIS OF SOFA 16
ANALYSIS OF RESTRICTED FUNDS 17

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

Report of the Trustees for the year ended 31st March 2021

The Trustees, of South Birmingham Young Homeless Project submit their Annual Report and the financial statements for the year ended 31st March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "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)" (effective 1 January 2019)

Reference and administration details of the charity, its trustees and advisers

Charity name - South Birmingham Young Homeless Project (The Project) Charity number - Registered Charity No. 1015436 Registered office - 'The Depot' Belton Grove Longbridge Birmingham B45 9PE Independent Examiner - CK Chartered Accountants No 4 Castle Court 2 Castlegate Way Dudley West Midlands DY1 4RH

Trustees and Management Committee Members

----- Start of picture text -----
Paul Mason Trustee/Chairperson/Personnel Sub Group
Rowan Fothergill Trustee/Vice Chair/Personnel Sub Group
Philip Osborn Trustee/Hon. Treasurer/Finance Sub Group
Lucy Loveless Trustee
Anna Young Trustee
Kathryn Stanczyszyn Trustee
----- End of picture text -----

Structure, governance and management

South Birmingham Young Homeless Project (The Project) is a registered charity that was set up in January 1992 and it is governed by a Constitution.

The Trustees and members of the General Committee are elected annually at the Annual General Meeting. The appointment of Honorary Officers is made at the first meeting of the General Committee following on from the Annual General Meeting.

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

All committee members are liable “trustees” for the purpose of holding any monies or property belonging to the Association unless exempted by their status or by a resolution of the committee. Trustees have full voting rights and will be expected to act on behalf of the committee and to properly manage the affairs of the association at all times.

“Members” may vote on all matters other than those which may increase either risk or liability to the trustees.

Trustees are appointed for their skills set which is considered an asset to the furtherance of the objectives of the charity. On appointment trustees read the guidance issued by the Charity Commission for new trustees.

PUBLIC BENEFIT

South Birmingham Young Homeless Project (The Project) was founded in 1991 in order to provide a range of services to the target group in an area where previously none had been available. It is an independent advice, information and resource centre for young homeless people located in Longbridge, South West Birmingham which is 8 miles outside Birmingham City Centre with good access by public transport. To date The Project continues to be the only such independently run agency in the area. The Project seeks to provide an innovative and integrated approach to meeting the needs of socially excluded and isolated groups of people within the local community particularly young homeless people, young lone parents and families on low incomes.

It recognises that there are no easy solutions to overcoming the difficulties that many individuals face such as long-term unemployment, debt, lack of educational achievement, poor housing, limited access to good quality advice and information services and the inevitable cycle of benefit dependency. The Project is concerned that the social exclusion many young people experience is reinforced by placing them in environments which are demotivating, isolating and provide limited, if any, access to the services they require.

The Project provides access to a wide range of AQS quality assured advice, information and related support services to groups of people who have previously been denied as outlined in our constitution. All advice and support is given free at the point of contact. It offers AQS quality marked advice services at the General Help with Casework level in housing, welfare rights, debt and money advice and young people. The Project adds value to existing and other initiatives, that are taking place in the area and supports increased equality of opportunity for individuals who encounter structural oppression and face social injustice when trying to access services.

The Project carries out an annual risk assessment to ensure that staff, people and committee members are protected from harm and any detriment. Where appropriate staff, committee members, volunteers and student placements will have an enhanced DBS check to further minimise risk. There have been no incidents recorded this year and young

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

vulnerable people have enjoyed better health and wellbeing from their contact with The Project as evidenced in the Customer Satisfaction Survey.

Over the thirty years of its existence The Project has monitored, evaluated and reviewed the services it provides and consulted with young people to ensure that what it offers reflects

the ever-changing needs and wishes of the client group. This is clearly demonstrated in the statistics that are published in the Annual Report

All member of the Management Committee give their time voluntarily and received no benefits from the charity.

Risk Management

The Project conducts an annual risk assessment that seeks to clarify the level of known financial liability carried by the organisation, in order that other policy and organisation actions (including internal control procedures) may be instigated.

The risk assessment requires detailed examination of the organisation's financial liabilities in relation to:

The Finance Sub Group will review the policies and procedures annually and make any alterations if deemed necessary. The annual risk assessment is the responsibility of the Finance Sub Group assisted where appropriate by the organisation's Accountants. The Finance Sub Group report its findings to the trustees each year, making such recommendations as are deemed appropriate. These recommendations can then be carried forward to the following financial period.

Objectives and activities

The organisation's objectives are: to relieve the need of young persons who are homeless, in housing need, poverty, hardship or distress by providing advice, access to accommodation, education, training and employment opportunities, health and recreational resources and activities, and other means as is thought fit primarily in South Birmingham.

The Project provides a wide range of advice, information and support activities and services for young people who are homeless or in housing need and all resources are expended in

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

pursuit of these aims. The Project also administers grants on behalf of individuals to alleviate poverty and distress.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Volunteers

The Project is grateful for the unstinting efforts of its volunteers both at The Project and from the local communities, churches and schools who are involved in supporting the delivery of services.

ACHIEVEMENT AND PERFORMANCE

The achievements and performance of the organisation is well documented in the annual report, this is supported by financial statements and statistical records of outcomes on the services delivered along with articles from a wide range of contributors.

From 1[st] April 2020 to 31[st] March 2021 The Project has worked with 1389 service users, 665 were new to The Project. The majority of service users were young vulnerable people and families who were in need of advice and support services to alleviate the poverty and distress caused by homelessness and other issues. During the reporting period The Project delivered 3792 advice sessions, including 1258 Welfare Benefits sessions, 354 Housing / homelessness advice sessions and 926 money and debt sessions. It also provided 253 crisis interventions.

More information regarding The Projects work and outcomes can be found in The Projects Annual Report 2020/21 and on its website www.theprojectbirmingham.org

Financial Review

In the year to 31 March 2021 total income was £340,719 (2020: £255,469).

Expenditure totalled £312,560 (2020: £238,926) to give an increase in funds for the year of £28,159 (2020: increase of £16,543) and total funds carried forward of £70,496 (2020: £42,337).

The statement of Financial Activities for the year is set out on Page 5 of the financial statements. The surplus of income over expenditure was taken to reserves.

The future funding of the charity is not guaranteed and the Trustees and Management Committee are continually working with the grant providers in note 9 of the accounts and other local organisations to safeguard future funding. The trustees are satisfied that the charity is adequately financed for the foreseeable future

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

Page 3a

Reserves policy

The unrestricted funds are used by the charity to manage The Project and the charity carries forward enough reserves to provide the ongoing working capital required.

The restricted funds can only be used for the purpose for which they were given. Any funds that are carried forward to the next financial year are used solely to support the activities for which they were given. All monies are held in a deposit account until required.

Fund-raising

The Project undertakes various fund-raising activities throughout the year in support of its activities.

All sources of funding from statutory and charitable sources and other donations are identified in the attached accounts.

Reserves

The Project has no identified reserves. Most funding is restricted and can only be used for the purpose for which they were given. Any funds that are carried forward to the next financial year are used solely to support the activities for which they were given. All monies are held in a deposit account until required.

Plans for future periods

The Project plans to continue delivering services that meet the needs of its users, to consider developing additional services where appropriate and funding is available and to further its search to identify new premises.

Reporting Accountants

A resolution proposing that CKCA Limited be re-appointed as independent examiner of the charity will be put to the Annual General Meeting.

This report was approved by the Trustees on 11 January 2023 Paul Mason – Chairman

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

Independent Examiners Report to the Board of Trustees of South Birmingham Young Homeless Project

I report to the trustees on my examination of the financial statements of South Birmingham Young Homeless Project (the charity) for the year ended 31 March 2021.

Responsibilities and basis of my report

As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable directions given by the Charity commission under section 145 (5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. The financial statements do not accord with those records; or

  3. The financial statements do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Mrs F L Clapham FCA ICAEW CK Accounting Services No 4 Castle Court 2 Castlegate Way Dudley West Midlands DY1 4RH

Dated: 11 January 2023

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income and endowments from:
Donations and legacies
10
Charitable activites
9
Investments
Total income
Expenditure on:
Support costs
4
Charitable activities
4
Governance Costs
4
Net income/(expenditure)
Reconciliation of funds:
Fund balances at 1 April 2020
Fund balances at 31 March 2021
8		 Unrestricted
Funds
£
14,362
-
131
14,493
-
2,248
9
2,257
12,236
16,051
28,287		 Restricted
Funds
£
2,754
323,472
-
326,226
239,633
66,511
4,159
310,303
15,923
26,286
42,209		 Total
2021
£
17,116
323,472
131
340,719
239,633
68,759
4,168
312,560
28,159
42,337
70,496		 Total
2020
£
18,668
236,585
216
255,469
183,082
50,485
5,359
238,926
16,543
25,794
42,337

The Statement of Financial Activities includes all recognised gains and losses of the year and reflects the continuing operations of the charity. There were no material acquisitions or discontinued operations.

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

BALANCE SHEET AS AT 31 MARCH 2021

Notes
FIXED ASSETS
Tangible assets
5
Current assets
Debtors
6
Cash at bank and in hand
Creditors: amounts falling due within
one year
7
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds
Restricted funds
11		 £
-
102,217
102,217
31,757		 2021
£
36

70,460
70,496
28,287
42,209
70,496		 £
5,000
79,115
84,115
41,823		 2020
£
45
42,292
42,337
16,051
26,286
42,337

The financial statements on pages 5 to 15 were approved by the management committee on 11 January 2023 and signed on its behalf by;

Paul Mason - Chairperson

Philip Osborn - Honorary treasurer

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

1.1 Charity information

The project is a registered charity (No. 1015436) and is governed by a trust deed approved by the charity commission.

1.2 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, the Charities A 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 1 and the Charities SORP "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)" (effective 1 January 2019). The charity is a Pub Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 the extent required to provide a true and fair view. This departure has involved following the Statement Recommended Practice for charities applying FRS 102 rather than the version of the Statement Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these statements are rounded to the nearest £.

The accounts have been prepared under the historic cost convention. The principal accounting policies adopted are set out below.

1.3 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

2 Fund accounting

Funds held by the charity are:

Unrestricted general funds - General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

2.1 Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under gift aid is recognised at the time of receipt.

2.2 Grants payable and receivable

All grants are accounted for gross when receivable. Grants payable are recognised as expenditure when the commitment is entered into.

2.3 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Charitable activities comprises those costs incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting constitutional and statutory requirements of the charity and include assurance fees and costs linked to the strategic management of the charity.

2.4 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts

2.5 Financial instruments

The charity has elected to apply the provisions of section 11 'Basic Financial Instruments' and section 12 'Other financial instruments issues of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

2.6 Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at a transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

2.6 Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised originally at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

2.7 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is

demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.8 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both the current and future periods.

2.9 Tangible fixed assets and depreciation

Depreciation of fixed assets is provided at the rate of 20% on the written down value. A full year is charged in the year of acquisition but none in the year of disposal.

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

3 Employees

Number of employees

The average monthly number of employees during the year was:

Office and administration
Employment costs
Wages and salaries
Social security costs
Pension contributions		 2021
Number
9
£
206,475
15,251
3,233
224,959		 2020
Number
6
£
161,016
11,974
2,003
174,993

The trustees neither received or waived any emoluments during the year (2020 - £nil)

There were no employees who received total employee benefits (excluding employer pension costs) of more than £60,000 (2020: nil)

Key management personnel remuneration totalled £41,675 (2020 - £40,098)

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

----- Start of picture text -----
COSTS DIRECTLY RELATED TO CHARITABLE ACTIVITIES
£ £ £ £
Staff Costs R Direct - 208,639 208,639 162,201
UR Direct - - - -
Grants to Individuals R Direct - 8,690 8,690 14,867
UR Direct - - - -
Bus tickets R Direct - 76 76 828
Crisis items R Direct - 20,274 20,274 1,712
Starter Packs R Direct - 343 343 177
Travel R Direct - 47 47 1,261
UR Direct - - - -
Volunteer Training/expenses R Direct - 2,553 2,553 2,388
UR Direct - - - -
Reimbursed UR - -989 -989 -352
Transfer - - - -
0 239,633 239,633 183,082
SUPPORT COSTS ALLOCATED TO CHARITABLE ACTIVITIES
Premises/Rent R Direct - 18,781 18,781 12,020
UR Direct - - - -
Associated Costs R Direct - 1,639 1,639 2,999
UR Direct 951 - 951 1,000
Office/Finance Staff R Direct - 14,688 14,688 11,102
UR Direct - - - -
Training Staff R Direct - 2,202 2,202 1,299
UR Direct - - - -
Communications R Direct - 25,526 25,526 15,949
UR Direct - - - -
Insurance R Direct - 1,210 1,210 1,565
UR Direct - - - -
Petty Cash/Transfers R Direct - 856 856 1,276
UR Direct - - - -
Bank Charges R Direct - 209 209 401
UR Direct - - - -
Equipment R Direct - 1,400 1,400 450
UR Direct - - - -
Consultancy R Direct - - - 1,581
UR Direct - - - 0
Other R Direct 1297 - 1,297 843
UR Direct - - - -
2,248 66,511 68,759 50,485
GOVERNANCE COSTS
Professional Fees/Bank R Direct - 2,528 2,528 3,657
UR Direct - - - 0
Office/Finance Staff R Direct - 1,631 1,631 1,690
UR Direct - - - 0
Depreciation R Direct 9 - 9 0
UR Direct - - - 12
9 4,159 4,168 5,359
2,257 310,303 312,560 238,926
BASIS OF ALLOCATION Unrestricted Restricted TOTAL 20/21 TOTAL 19/20
----- End of picture text -----

4 COSTS DIRECTLY RELATED TO CHARITABLE ACTIVITIES

R = Restricted UR = Unrestricted

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

5 Fixed Assets

Belton Grove
Office and kitchen
Fixtures and fittings
Equipment
£
£
COST
At 1 April 2020
3,464
7,417
Additions
-
-
At 31 March 2021
3,464
7,417
DEPRECIATION
At 1 April 2020
3,454
7,382
Charge for year
2
7
At 31 March 2021
3,456
7,389
NET BOOK VALUE
At 31 March 2021
8
28
At 31 March 2020
10
35
6 Debtors
2021
£
Trade debtors
-
7 Creditors and income in advance
2021
£
Trade creditors
3,129
Other taxes and social security costs
5,039
Income in advance
23,589
31,757
8 Analysis of net assets between funds
Unrestricted
Funds
£
Fund balances at 31 March 2021 are represented by:
Tangible fixed assets
36
Current assets
28,251
Creditors and income in advance: amounts falling due within one year
-
28,287		 Total
£
10,881
-
10,881
10,836
9
10,845
36
45
2020
£
5,000
2020
£
5,632
9,278
26,913
41,823
Restricted
Funds
£
-
73,966
(31,757)
42,209		 Total
£
36
102,217
(31,757)
70,496

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SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

9 Grants receivable

Birmingham & Solihull CCG
Reaching Communities fund
Prevention and communities
ASDA Foodbank Grant
St James Place Foundation
Eveson Charitable Trust
Future Proof Project
Grants for individuals
Clarion Bell
The Norton Foundation
W.E.D Charitable Trust
BVSC Grant
VRF Emergency Fund
St Modwen Community Impact Fund
Western Power Distribution
Bournville Village Trust
Heart of England Grant
Covid Response Recovery Fund		 Unrestricted
Funds
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Restricted
Funds
2021
£
67,665
93,680
-
10,000
15,000
4,000
50,000
-
-
14,000
900
7,721
807
1,250
1,500
2,000
5,000
49,949
323,472		 Total
Funds
2021
£
67,665
93,680
0
10,000
15,000
4,000
50,000
-
-
14,000
900
7,721
807
1,250
1,500
2,000
5,000
49,949
323,472		 Total
Funds
2020
£
66,543
94,744
25,000
10,000
20,000
5,000
-
2,491
500
12,307
-
-
-
-
-
-
-
-
236,585

10 Donations

Albright Grimley
Anonymous
CAF online donation
Cash donations
Churches Together B30
Claire Blackshaw
Cooker donation
C & H Martin
Give As You Live
GJW Turner Trust
Groundworks
Laura Kelham donation
Lord Austin Trust
Margaret Murphy
Mountain Warehouse
Mrs Edmunds
Our Lady of Perpetual Succour
Paypal donations
Provide
Severn Trent
St David's Church
S Walsh
Sylvia Dyson
The 29th May 1961 Foundation
The Bournville Quakers
The Cotteridge Quakers
Unite		 Unrestricted
Funds
2021
£
-
5,000
35
-
-
120
-
1,350
841
-
-
-
-
-
-
-
-
7
-
5,000
400
1,084
-
-
-
500
25
14,362		 Restricted
Funds
2021
£
-
50
20
-
1,000
30
100
-
-
-
-
270
-
-
-
-
-
70
434
-
-
-
-
-
600
180
-
2,754		 Total
Funds
2021
£
-
5,050
55
-
1,000
150
100
1,350
841
-
-
270
-
-
-
-
-
78
434
5,000
400
1,084
-
-
600
680
25
17,116		 Total
Funds
2019
£
500
5,000
1,258
140
-
390
-
-
-
3,000
250
-
1,000
25
344
1,000
401
245
-
-
-
-
15
5,000
-
100
-
18,668

Page 13

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

11 Restricted Funds
Crisis inc. Norton
Legacy
Birmingham & Solihull CCG
St James Place
B30/LIF
Eveson Trust
Reaching Communities Fund
Covid Recovery Fund
Future Proof Project
Babybank
12 Breakdown of costs of charitable activity
Crisis
Reaching Communities Fund
Birmingham & Solihull CCG
St James Place
B30/LIF
Eveson Trust
Reaching Communities Recovery Funding
Prevention and communities
Norton Foundation
Babybank		 Balance at
01/04/2020
9,396
16,285
-
-
-
-
605
-
-
-
26,286
Activities
Undertaken
Directly
£
15,849
68,840
51,097
11,306
7,473
4,000
43,281
30,089
-
7,699
239,634		 Grants
20,457
-
67,665
15,000
10,000
4,000
93,680
54,949
50,000
7,721
323,472
Support
Costs
£
-
18,002
14,047
3,486
2,226
-
9,546
19,204
-
-
66,510		 Donations,
legacies
& other
2,754
-
-
-
-
-
-
-
-
-
2,754
Governance
£
-
1,332
998
208
124
-
790
707
-
-
4,159		 32,607
16,285
67,665
15,000
10,000
4,000
94,285
54,949
50,000
7,721
352,511
Total
2021
£
15,849
88,174
66,142
15,000
9,823
4,000
53,617
50,000
-
7,699
310,303		 Expenditure
15,849
-
66,142
15,000
9,823
4,000
88,174
53,617
50,000
7,699
310,303
Total
2020
£
2,365
94,139
66,543
20,000
10,000
5,000
0
25,000
14,867
-
237,914		 Balance at
31/03/2021
16,758
16,285
1,523
-
177
-
6,111
1,332
-
22
42,209
13 Support costs
Premises
Other costs
Governance		 Prevention
Reaching
and
Communities
Communities
Recovery Funding
£
£
13,000
-
6,204
9,546
707
790
19,911
10,336		 Reaching
Communities
Fund
£
2,728
15,274
1,332
19,334		 Birmingham
and Solihull
CCG
£
2,114
11,933
998
15,045		 St James
Place
£
622
2,864
208
3,694		 B30/LIF
£
317
1,909
124
2,350		 Total
2021
£
18,781
47,729
4,159
70,669		 Total
2020
£
12,020
37,465
5,347
54,832

Governance costs includes payments of £1,950 + VAT (2020: £1,930 + VAT) for Independent Examiners fees

Page 14

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

14 Analysis of grants

Grants payable Grants to
Institutions
2021
2020
£
£
-
-		 Grants to
Individuals
2021
2020
£
£
8,690
14,867

15 Taxation

As a registered charity and under provisions of section 505, Income and Corporation Taxes Act 1988, there is no liability to taxation.

Page 15

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Notes
Resources
Grants receivable
9
Donations
10
Bank interest
Resources Used
Salaries and national insurance
Rent, rates and utilities
Insurance
Travelling expenses
Printing, stationery and postage
Telephone
Subscriptions and publications
Training courses (net cost)
Volunteers' training
Petty cash and sundry expenses
Bank and professional charges
Equipment
Grants paid/Furniture grants
Bus passes and tickets
Food & fuel
Debt relief orders
Repairs and maintenance
Other
Depreciation
Recruitment
Welfare and leisure fund payments
Bank charges
Starter packs
IT Support/Internet line rental
Publicity
B/B
ID Costs
Reimbursement
INCREASE/(DECREASE) IN RESOURCES
Balance at 31 March 2020
Balance at 31 March 2021		 Unrestricted
Funds
£
-
14,362
131
14,493
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
951
1,297
9
-
-
-
-
-
-
-
-
-
2,257
12,236
16,051
28,287		 Restricted
Funds
£
323,472
2,754
-
326,226
224,959
18,781
1,210
47
6,996
9,247
2,444
2,202
2,553
856
2,528
1,400
8,690
76
19,498
720
1,639
-
-
-
-
209
343
5,909
930
-
56
(989)
310,303
15,923
26,286
42,209		 2021
Total
Funds
£
323,472
17,116
131
340,719
224,959
18,781
1,210
47
6,996
9,247
2,444
2,202
2,553
856
2,528
1,400
8,690
76
19,498
720
2,590
1,297
9
-
-
209
343
5,909
930
-
56
(989)
312,560
28,159
42,337
70,496		 2020
£
236,585
18,668
216
255,469
174,993
12,878
1,565
1,261
3,496
4,560
1,448
1,299
2,388
1,276
3,657
1,581
14,867
828
539
450
3,141
843
12
450
239
401
177
5,586
859
236
248
(352)
238,926
16,543
25,794
42,337

Page 16

SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Restricted funds
Resources
Grants receivable
Donations
Resources Used
Salaries and national insurance
Printing,postage and stationery
Telephone
Maintenance/cleaning
Travel
Subs and publications
Training staff
Petty cash and sundries
Professional charges
Bank charges
Rent, rates and utilities
Insurance
Payroll fees
Grants paid/Furniture grants
Equipment
Volunteer expenses/training
Publicity
IT Support/Internet line rental
B/B
Depreciation
Food and fuel
Welfare and leisure fund payments
Debt relief orders
Starter pack expenses
Bus passes and tickets
Transfer
INCREASE/(DECREASE) IN RESOURCES
Balance at 31 March 2020
Balance at 31 March 2021		 Crisis
inc. Norton
£
20,457
2,754
23,211
8,373
103
56
6,520
720
76
15,849
7,362
9,396
16,758		 Legacy
£
0
0
0
16,285
16,285		 Birminham &
Solihull CCG
£
67,665
67,665
55,331
2,235
2,100
426
17
751
793
117
553
74
2,114
436
289
172
155
581
66,142
1,523
0
1,523		 St James
Place
£
15,000
15,000
11,640
658
618
109
5
221
233
34
163
22
622
128
287
44
46
169
15,000
0
0
0		 B30/LIF
£
10,000
10,000
8,300
335
315
3
113
119
18
83
11
317
65
43
23
78
9,823
177
0
177		 Eveson
Trust
£
4,000
4,000
4,000
4,000
0
0
0		 Reaching
Communities
Fund
£
93,680
93,680
73,725
2,980
3,234
494
23
1,001
1,057
156
1,730
102
2,728
581
183
200
206
764
(989)
88,174
5,506
605
6,111		 Covid Recovery
Fund
£
54,949
54,949
29,268
789
2,980
610
358
532
597
1,469
3,694
12,978
343
53,617
1,332
0
1,332		 Future
Proof Project
£
50,000
50,000
37,000
13,000
50,000
0
0
0		 Babybank
£
7,721
7,721
5,695
317
564
500
623
7,699
22
0
22		 Total
£
323,472
2,754
326,226
224,959
6,996
9,247
1,639
47
2,444
2,202
856
2,528
209
18,781
1,210
0
8,690
1,400
2,553
930
5,909
56
0
19,498
0
720
343
(913)
0
310,303
15,923
26,286
42,209

Page 17