**SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
**TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
**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**|
**SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **Report of the Trustees for the year ended 31st March 2022**
The Trustees, of South Birmingham Young Homeless Project submit their Annual Report and the financial statements for the year ended 31st March 2022.
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 Accounting Services 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 Subgroup
Philip Osborn Trustee/Hon. Treasurer/Finance Subgroup
Lucy Loveless Trustee
Anna Young Trustee/Personnel
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.
**Page 1**
**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 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, Southwest 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
**Page 2**
**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 members of the Management Committee give their time voluntarily and receive 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:
- Property and leases
- Staff and redundancy costs
- Contract relations
- Insurable risks - Public liability, employer's liability, property contents, building and trustee liability, professional indemnity.
- Fraud
- Security of assets and financial data
The Finance Subgroup will review the policies and procedures annually and make any alterations if deemed necessary. The annual risk assessment is the responsibility of the Finance Subgroup assisted where appropriate by the organisation's Accountants. The Finance Subgroup 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.
**Page 3**
**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 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 2021 to 31[st] March 2022 The Project has worked with 1529 service users, 1119 were new to The Project. Most service users were young vulnerable people and families who needed advice and support services to alleviate the poverty and distress caused by homelessness and other issues. During the reporting period The Project delivered 2943 advice sessions, including 856 Welfare Benefits sessions, 532 Housing / homelessness advice sessions and 926 money and debt sessions. It also provided 307 crisis interventions.
## **Financial Review**
In the year to 31 March 2022 total income was £302,322 (2021: £340,719).
Expenditure totalled £361,649 (2021: £312,560) to give a decrease in funds for the year of £59,327 (2021: increase of £28,159) and total funds carried forward of £11,169 (2021: £70,496).
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.
**Page 3a**
**SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **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 22[nd] May 2023 Paul Mason – Chairman
**Page 3b**
**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 2022.
## **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: 22 May 2023**
**Page 4**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Notes**
**Income and endowments from:**
Donations and legacies
**10**
Charitable activites
**9**
Investments
**Total income**
**Expenditure on:**
Charitable activities
**4**
Support costs
**4**
Governance Costs
**4**
**Net income/(expenditure)**
**Reconciliation of funds:**
Fund balances at 1 April 2021
**Fund balances at 31 March 2022**
**8**|**Unrestricted**
**Funds**
**£**
2,229
-
14
2,243
18,738
7,629
8
26,374
(24,131)
28,287
4,156|**Restricted**
**Funds**
**£**
3,850
296,229
-
300,079
257,828
71,002
6,444
335,275
(35,196)
42,209
7,013|**Total**
**2022**
**£**
6,079
296,229
14
302,322
276,566
78,631
6,452
361,649
(59,327)
70,496
11,169|**Total**
**2021**
**£**
17,116
323,472
131
340,719
239,633
68,759
4,168
312,560
28,159
42,337
70,496|
|---|---|---|---|---|
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.
**Page 5**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **BALANCE SHEET AS AT 31 MARCH 2022**
|**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**|**£**
-
66,798
66,798
55,657|**2022**
**£**
28
11,141
11,169
4,156
7,013
11,169|**£**
-
102,217
102,217
31,757|**2021**
**£**
36
70,460
70,496
28,287
42,209
70,496|
|---|---|---|---|---|
The financial statements on pages 5 to 15 were approved by the management committee on 22 May 2023 and signed on its behalf by;
## **Paul Mason - Chairperson**
## **Philip Osborn - Honorary treasurer**
**Page 6**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **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 Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) 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 Public 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.
**Page 7**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **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.
**Page 8**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **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.
**Page 9**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **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|**2022**
**Number**
9
**£**
224,759
16,917
2,947
244,623|**2021**
**Number**
9
**£**
206,475
15,251
3,233
224,959|
|---|---|---|
The trustees neither received or waived any emoluments during the year (2021 - £nil)
There were no employees who received total employee benefits (excluding employer pension costs) of more than £60,000 (2021: nil)
Key management personnel remuneration totalled £42,996 (2021 - £41,675)
**Page 10**
**SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
COSTS DIRECTLY RELATED TO CHARITABLE ACTIVITIES
£ £ £ £
Staff Costs R Direct - 220,578 220,578 208,639
Holiday activities R Direct - 45,484 45,484 -
Grants to Individuals R Direct - - - 8,690
Bus tickets R Direct - - - 76
Crisis items R Direct - - - 20,274
Starter Packs R Direct - - - 343
Travel R Direct - - - 47
General welfare R Direct - 7,567 7,567 -
Volunteer Training/expenses R Direct - 2,937 2,937 2,553
Reimbursed UR - - - (989)
Transfer 18,738 (18,738) - -
18,738 257,828 276,566 239,633
SUPPORT COSTS ALLOCATED TO CHARITABLE ACTIVITIES
Premises/Rent R Direct - 19,599 19,599 18,781
UR Direct - - - -
Associated Costs R Direct - 9,095 9,095 1,639
UR Direct 596 - 596 951
Office/Finance Staff R Direct - 15,529 15,529 14,688
UR Direct 6,792 - 6,792 -
Training Staff R Direct - 1,977 1,977 2,202
UR Direct - - - -
Communications R Direct - 20,927 20,927 25,526
UR Direct - - - -
Insurance R Direct - 1,442 1,442 1,210
UR Direct - - - -
Petty Cash/Transfers R Direct - 493 493 856
UR Direct 109 - 109 -
Bank Charges R Direct - 131 131 209
UR Direct - - - -
Equipment R Direct - 1,809 1,809 1,400
UR Direct 132 - 132 -
Consultancy R Direct - - - -
UR Direct - - - -
Other R Direct - 0 1,297
UR Direct - - - -
7,629 71,002 78,631 68,759
GOVERNANCE COSTS
Professional Fees/Bank R Direct - 4,720 4,720 2,528
UR Direct - - - -
Office/Finance Staff R Direct - 1,724 1,724 1,631
UR Direct - - - -
Depreciation R Direct 8 - 8 9
UR Direct - - - -
8 6,444 6,452 4,168
26,374 335,275 361,649 312,560
BASIS OF ALLOCATION Unrestricted Restricted TOTAL 2021/22 TOTAL 20/21
**----- End of picture text -----**
## **4 COSTS DIRECTLY RELATED TO CHARITABLE ACTIVITIES**
R = Restricted UR = Unrestricted
**Page 11**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **5 Fixed Assets**
|**Belton Grove**
**Office and kitchen**
**Fixtures and fittings**
**Equipment**
**£**
**£**
**COST**
At 1 April 2021
3,464
7,417
Additions
-
-
At 31 March 2022
3,464
7,417
**DEPRECIATION**
At 1 April 2021
3,456
7,389
Charge for year
2
6
At 31 March 2022
3,458
7,395
**NET BOOK VALUE**
At 31 March 2022
6
22
At 31 March 2021
8
28
**6 Debtors**
**2022**
**£**
Trade debtors
-
**7 Creditors and income in advance**
**2022**
**£**
Trade creditors
5,158
Other taxes and social security costs
26,213
Income in advance
24,286
55,657
**8 Analysis of net assets between funds**
**Unrestricted**
**Funds**
**£**
Fund balances at 31 March 2022 are represented by:
Tangible fixed assets
28
Current assets
4,128
Creditors and income in advance: amounts falling due within one year
-
4,156|**Total**
**£**
10,881
-
10,881
10,845
8
10,853
28
36
**2021**
**£**
-
**2021**
**£**
3,129
5,039
23,589
31,757
**Restricted**
**Funds**
**£**
-
62,670
(55,657)
7,013|**Total**
**£**
28
66,798
(55,657)
11,169|
|---|---|---|
**Page 12**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
**9 Grants receivable**
|Birmingham & Solihull CCG
Reaching Communities fund
NCP Prevention and communities
ASDA Foodbank Grant
St James Place Foundation
Eveson Charitable Trust
Future Proof Project
B30 Grant
The Norton Foundation
W.E.D Charitable Trust
BVSC Grant
VRF Emergency Fund
Baron Davenport
St Modwen Community Impact Fund
Western Power Distribution
Bournville Village Trust
Heart of England Grant
Covid Response Recovery Fund
**10 Donations**
Anonymous
ASDA
C & H Martin
CAF online donation
Churches Together B30
Claire Blackshaw
Cooker donation
Give As You Live
Judy Coulson
Laura Kelham donation
Paypal donations
Platform
Provide
S Walsh
Severn Trent
St David's Church
Stripe
The Bournville Quakers
The Cotteridge Quakers
Unite
Unknown
Yoga Alliance|**Unrestricted**
**Funds**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**Unrestricted**
**Funds**
**2022**
**£**
-
-
450
1
-
-
-
-
-
-
47
1,200
-
-
-
-
531
-
-
-
-
-
2,229|**Restricted**
**Funds**
**2022**
**£**
67,556
96,447
50,000
-
-
12,000
-
10,000
-
600
49,449
-
177
-
-
-
10,000
-
296,229
**Restricted**
**Funds**
**2022**
**£**
-
500
-
136
240
-
-
-
2,000
-
307
-
27
-
-
170
-
-
250
-
100
120
3,850|**Total**
**Funds**
**2022**
**£**
67,556
96,447
50,000
-
-
12,000
-
10,000
-
600
49,449
-
177
-
-
-
10,000
-
296,229
**Total**
**Funds**
**2022**
**£**
-
500
450
137
240
-
-
-
2,000
-
354
1,200
27
-
-
170
531
-
250
-
100
120
6,079|**Total**
**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**
**£**
5,050
-
1,350
55
1,000
150
100
841
-
270
78
-
434
1,084
5,000
400
-
600
680
25
-
-
17,116|
|---|---|---|---|---|
**Page 13**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
11 Restricted Funds Donations,
Balance at legacies Balance at
01/04/2021 Grants & other Expenditure 31/03/2022
Crisis inc. Norton 16,758 777 3,850 21,385 14,372 7,013
Legacy 16,285 - - 16,285 16,285 -
Birmingham & Solihull CCG 1,523 67,556 - 69,079 69,079 -
St James Place - 49,449 - 49,449 49,449 -
B30/LIF 177 10,000 - 10,177 10,177 -
Eveson Trust - 12,000 - 12,000 12,000 -
Reaching Communities Fund 6,111 96,447 - 102,558 102,558 -
Covid Recovery Fund 1,332 10,000 - 11,332 11,332 -
Future Proof Project - 50,000 - 50,000 50,000 -
Babybank 22 - - 22 22 -
42,208 296,229 3,850 342,287 335,275 7,013
12 Breakdown of costs of charitable activity
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|BVSC grant
Crisis
Reaching Communities Fund
Birmingham & Solihull CCG
St James Place
B30/LIF
Eveson Trust
Reaching Communities Recovery Funding
Prevention and communities
Legacy
Babybank|**Activities**
**Undertaken**
**Directly**
£
49,449
14,372
69,522
47,656
-
7,628
11,129
7,449
34,316
16285
22
257,828|**Support**
**Costs**
£
-
-
29,541
19,157
-
2279
784
3,825
15,416
-
-
71,002|**Governance**
£
-
-
3,495
2,266
-
270
87
58
268
-
-
6,444|**Total**
**2022**
£
49,449
14,372
102,558
69,079
-
10,177
12,000
11,332
50,000
16,285
22
335,275|**Total**
**2021**
£
-
15,849
88,174
66,142
15,000
9,823
4,000
53,617
50,000
-
7699
310,303|
|---|---|---|---|---|---|
## **13 Support costs**
|Premises
Other costs
Governance|**Prevention**
**Reaching**
**and**
**Communities**
**Communities**
**Recovery Funding**
**£**
**£**
13,000
-
2,416
3,825
268
58
15,684
3,883|**Reaching**
**Communities**
**Fund**
**£**
3,824
25,717
3,495
33,036|**Birmingham**
**and Solihull**
**CCG**
**£**
2,480
16,677
2,266
21,423|**Eveson**
**£**
-
784
87
871|**B30/LIF**
**£**
295
1,984
270
2,549|**Total**
**2022**
**£**
19,599
51,403
6,444
77,446|**Total**
**2021**
**£**
18,781
47,729
4,159
70,669|
|---|---|---|---|---|---|---|---|
**Governance costs includes payments of £2,750 + VAT (2021: £1,950 + VAT) for Independent Examiners fees**
**Page 14**
## **SOUTH BIRMINGHAM YOUNG HOMELESS PROJECT**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **14 Analysis of grants**
|Grants payable|**Grants to**
**Institutions**
**2022**
**2021**
**£**
**£**
-
-|**Grants to**
**Individuals**
**2022**
**2021**
**£**
**£**
-
8,690|
|---|---|---|
## **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**