REGISTERED COMPANY NUMBER: 03094905 (England and Wales
REGISTERED CHARITY NUMBER: 1049728
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
SIFA FIRESIDE
Prime
Chartered Accountants
Slalutory Auditor
Corner Oak
1 Homer Road
Solihull
B91 3QG

SIFA FIRESIDE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
1 to 11
Report of the Independent Auditors
12 to 14
Statement of Financial Activities
15
Balance Sheet
16
Cash Flow Statemenl
17
Notes to the Cash Flow Statement
18
Notes to the Financial Statements
19 to 31
Detailed Statement of Financial Activilies
32 to 33

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Irvslees who are also directors of the charity for Ihe purposes of the Companies Act 2006, presenl their
report with the financial slalemen15 of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Slatemenl of Recommended Practice
applicable lo cha¥ilies preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102} {effeclive 1 January 20191
Chief Executive Officerfs Welcome
Here al SIFA Fireside. our commitment lo supporting aduhs experiencing homelessness and rough sleeping
across Birmingham remains as strong as ever. Thanks to our dedicated staff, volunteers. Iruslees, and
funders, we continue lo provKJe vrtal support. through our Support Centre. helping people lind relief and hope
every day.
This year, we've been excited lo further expand our services beyond emergency sUPPOrt. We kicked off the
year by launching two new initiatives.. our Peer Support service and the Exempl Accommodation Navigator
team. These additions help us better assist rough sleepeis and those transrtioning into housing, allowing us lo
prevent the recurrence of homelessness wherever possible.
Later in the year, we partnered with Trident Reach to deliver Bim)ingham's Adult Lead Worker service
collaboration that brings our support directly into communitie5. meeling people where they need Il most.
Growing our reach in this way has been a key ambrtion for us and it's inspiring to see these efforts come lo
At SIFA Fireside, we also recognise the importance of being a courageous voice for change_ We've been
working hard lo ensure that our experience and insights help to shape l)cal services. as well as inform policy
and commissioning at both local and national levels. This will continue lo be a focus ag we welcome new
partnerships and opportunrties to influence p05itrve change thiovghoul the year ahead.
Thank you for being part of this journey wrth vs. Together. we're making a real difference for people facing
homelessness in Birmingham.
Natalie Allen
Chief Executive Officer
OBJECTIVES AND ACTIVITIES
Our Vision. Our Mission. Our Values
We are SIFA Fireside. the support centre for any adult in Birmingham that faces homelessness.
Our Vision? That every adult in Birmingham can live a future wilhoul homelessness.
Our mission? To challenge and address the systemic causes, and the effects of homelessness,
collaboration with our partners.
As staff. volunteers and trustees of SIFA Fireskje, we live our values each and every day.
They are..
Inclusive - We resped diversity and equalrty and recognise people's individual needs
Dynamic - We believe in doing the rtght thing lo make a drfference for our clients
Courageous - We aré a unique organisation and adapt our Se￿iCe$ lo meet people's needs
Supportive - We provwje holistic support lo encourage people lo learn and grow from their experiences.
Page 1

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Achievements and performance
haritable activities
Strategic Objective5 2024-25
Strate
ic Prioiit 1. The occurrence of homelessness is reduced b addressin
Immigration pathways for non-UK Citizens are effective.
Poverty IS feduced through access to sufficient financ￿1 ￿source
Ihes
stemic causes
Strate
eriencin
situation and revenl reoccurrence
People are accommodated in safe, surtable. good qualty housing that they can afford
People are accessing support Ihal meets their needs, enables Ihem to find and sustain accommodation and
build resilience
homelessness can benefit from the routes that relieve their current
Strale
le at risk receive the su
from occurrin
in the first lace
Homelessness Is reduced as a result of".
discharge from an inslrtution e.g. hospital
- evictionlabandonment from exempt accommodation
need as ear
5sible lo
revenl
Organisational Development
What we achieved
Expanded Partnership Network We have broadened our range of delivery partners to offer high quality
support, advice, and guidance. This includes improved access to imm￿ration, welfare. and hougin9 advice,
as well as assistance navigating crjrnplex systems. This has enabled cl￿nIS to achieve diverse outcomes that
move them away from homelessness.
Improved Accommodation Standards We have signthcantly increased the number of property checks
carried out, ￿entifyIng and reporting poor or unsafe accommodation lo Birmingham Crty Council for foltow-up
action. In parallel. we have worked collaboratively with landlords lo raise property standards 2nd provided
intensive support to help indNidua15 Sustain their tenancies.
Reduclng Homelessness from Supported Exempt Accommodalion Our Exempt Accommodation
Navigator service has had a measurable impact. Data shows that onty 70fi of clients left their accommodation
or re-presented as homeless. demonstrating the effectiveness of targeted support in preventing repeal
homelessness.
Enhanced Support for Rough Sleepers We continue to deliver vital services to rough sleepers and have
slrengihened our mutti-agency approach to ensure individuals who fall through the gaps are identified and
supported through coordinated intervenkn'ons.
Digital Transformation and Data-Driven Impact The Iransfomialion of our IT and caseload management
systems has enabled more robust data capture on outcomes and impact. This has allowed us lo share key
insights with local and national commissioners and policy makers. conlribuling to informed deci5ion-making
and systemic change.
Newly Commissioned Lead Worker Senfice Reflecting our commitment lo delivering support where il 15
most needed, we have launched a new Lead Worker service in parlnership with Trident and Cranstoun. This
initiative provides personalised. community-ba5ed support to vulneiable adutts with complex needs, extending
our reach beyond the support centre.
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SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
TOGETHER, WE PREVENT HOMELESSNESS
Peer Support Services
During 2024 we mobilised our Peer Support Worker seNrce. which engages wrth people who are rough
sleeping and experiencing multiple barriers to engaging wrth seNices. This team is built on Lived Experience
all of our PeeT Mentors bring their own lived experience and insights into the role. This gives us a fresh
understanding of the barriers that prevent people from engaging wrth support services and accommodation
providers and Iherefore enable us lo work in a more trauma informed manner. This seryice places an
emphasis on befriending, building trust and adopting a person-cenlred approach to moving away frorn rough
sleeping.
"When you found mé rough sleeping on the canal. it showed me you cared and I felt seen. It instilled my hope
in setvices again..
Exempt Accommodation Navigator Service
During 2024, eviction from supported exempt accommodation emerged as the most common reason for
homelessness among single adulls over the age of 25. according lo figures from Birmingham Crty Council. To
address this we have further developed our Exempl Accommodation Navigator Service. During Ihe firsl 12
months, 93 % of people engaging have sustained their accommOdat￿n. 64.1. have engaged wrth recovery
services and S9.￿ have reduced Iheir substance use. wth 3 achieving complete abstinence.
In 8 city with a growing and unregulaled Exempt Accommodalion sector lover 30.000 units of
accommodation). our Navigator service offers people support to sustain Iheir accommodation and provKles
additional advocacy and resources lo enable them lo move away from homelessness.
"Thx for everything. Il'm keeping welll because of you Thx"
NRPF (No Recourse to Public Fund5)
Over the past 12 months. we have idenlified an upturn in the number of people presenting who have no
recourse to public funds, and as a resull, are excluded from accessing housing assistance via the Local
AuthoTily. Our Restricted Eligibility Team conlinues to signposl clients to specialist advice through the
Refugee and Migrant Cenlre, Brushstrokes and Migrant Help wherever possible. The team has worked with
249 people, a551Sting with rHJhls awareness. providing informalion and offering Support to engage with the
Horne off￿e, accommodation providers and other specialist services.
"I'm very grateful for Ihe support- SIFA is my family in the UK."
Adult Support Hub
In the final year of its contract. our A￿￿￿ Support Hub (ASH) service, in parlnership with Birmingham Mind,
supported 961 clients and was effectNe in delivering meaningful outcomes. 451 aul of 469 clients reported
successful health and wellbeing oulcomes, 315 out of 332 achieved posrtive financial outcomes, 259 out of
269 achieved successful communrty outcomes. and 287 out of 306 achieved posilive accommodation-relaled
outcomes.
Vvith an average lengih in service of just 6.7 days and typicalty three points of contacl, our outcomes were
irnpressive given the brief InteNenlion period. Hence. our service demonslraled strong efficiency in
supporting individuals to slabilise and transition towards longer term support services.
By providing supporting actions al the point where issues such as rent arrears. energy debt, or unstable
housing were threatening the clients, wellbeing. our ASH team prevented escalation to slalutory services. This
was both cosl*rfective for the system and impactful for clienls. as financial stability often unlocked
improvements in health. wellbeing. and indeperKience.
.you actually make me feel like a person. not another addict."
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SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Carly's slory
"Carll,. a 47-year old female. was referred lo our service by a Soch31 Prescribing Link Worker from Compass,
as hei mental health was declining due to her currenl housing situation. The client was currently housed in a
shared flat with 4 other women in a refuge, folk)w"Ing her fleeing from a domesI￿allY violent relationship. The
client slated that there was no living room in the propety due to the lounge area being utilised as another
bedroom to be able lo accommodate more people. As a resuK, she fell forced to slay in her bedroom.
We supported the client by referring her to a housing agency, Big Mommas Housing. that specialises in
housing vulnerable women to support and met)tor them as well as house Ihem. The agency aims to build
people's hope lo believe that everyone has a chance to succeed in life. lo value themselves and each other,
help build theif confidence, reduce Iheir isolation and support them to participate in mainstream activities such
as employment and education.
The agency also provKles self-contained flats so. as a result of our referral. Carly will have the sense of
independence that she wants, a5 well as being able to feel Safe and secure.
TOGETHER, WE PROVIDE EMERGENCY SUPPORT
OUT Support Centre conlinue5 to offer an open door to any adult over 25 who is experiencing hornelessness
in Birmingham. As the centre is not commissioned by an external funder, we are able to maintain high degree
of flexibility and offer an irnpactful serv1￿ to people who may be excluded from other support offers within the
city.
Our Homeless Intervention Team continues to engage wrth sector partners on a weekly basis via the Rough
Sleeper Tasking Group. sharing updates on individuals and participating in plans to assist them in moving on
from rough sleeping Into safe. sustainable accommodation. The team also engages with other seNices that
may have a Tole lo play in enabling rough sleeping individuals to access and mainlain accommodation.
Organisalions that relain a regular presence at SIFA Fireside include DWP, Health Exchange, Opticians, Hep
C Trust and Chiropodisls. We have retained strong working links with Change Grow Live ICGLI. Adult Social
Care, Rough Sleeper Outreach and the Domestic Abuse Hub.
Birmingham City Council's Housing Team also maintain a daily presence on site. enabling people attending
the Support Centre to access housing assistance on sile. Our Exempl Accommodation Navigators have
made efforts lo engage with the Housing Team to ensure anyone placed in Exempt Aceommodalion by the
Local Authority is offered the opportunity to access additional support where necessary.
"The team were oulslanding with the patient, putting him in control with dignity. compassion. respect.
understanding.. going above and beyond any service I've encountered under these circumstances." Partner
agency
Harry's story
"Harry" presenled al our Support Centre in need of emergency support, seemingty confused and d&layed in
his responses. He told us that he was in full-time employmenl but that he was recently evicted from his
accommodation, and as a result. had been rough sleeping at New Street stab'on.
e knew that Harry'5 accommodation oplion5 were limited a5 he was employed. We supported him to
contact New1own Housing Options. who provided him with a list of options. Together, we contacted several of
these providers, lo no avail.
Upon investigating further, we questioned the fact thal Harry was working due lo his mental condition. We
contacted his place of work, who confirmed that he was in employment bul would soon be let go due to his
WOf5ening health condition, for which he was not seeking help.
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SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
After consulting our Safeguarding Lead and with concern about his vulnerability, we submitted an Adult
Safeguarding form before again referring him to Bimiingham City Council's Housing Options Team, now with
the knowledge that Harry would soon be unernployed and thai SIFA could 5UPPOrt him lo claim benefits. This
assessment was successful, and Harry was gNen an emergency bed at Helen Dixon House for iwo weeks
whilst we were able to support him wrth access to benefts.
We are continuing to support Harry with his Universal Credit claim. wh￿h is a key step towards accessing
accornmodalion long term.
TOGETHER, WE ENABLE RECOVERY FROM HOMELESSNESS
Recovery
During the las112 months. our Recovery leam has worked with over 500 people lo provide sUPPOrt with their
recovery from horTiele55nes5 and tOY4ards independent living. providing assislance with development of digital
skills, access to bank accounts. budgeting training and basic lrfe skills. 194 people have a150 accessed
support to manage their finan￿ via our ReCoV￿Y Team.
Our Recovery Team ha5 buim a number of partnerships wrth specialist services. including the PURE Project
and Standing Tall. which offer people opportunities io engage with training and ernploymenl opportunrties.
The Recovery Team has also continued lo provide opportunilies for people accessing SIFA Fireside lo
engage with social and wellbeing actNtlies ranging from music and theatre groups lo cookery classes and lrfe
skills development. Members of the music therapy group participated in a homelessness memorial event held
at the Birmingham Peace Gardens in November 2024, while members of the theatre group have taken part in
productions with Geese Theatre Company in I￿al Iheatres.
"I wlll never forgei my experience at SIFA. Case worker Mrs E. T. The besi forever. I do appreciate all 5UPPQrt
I gol from all SIFA staff." A"
Adult Lead Worker se￿iCe
The mobilisation of the Adult Lead Worker service provided an opportunity for Ihe SIFA Fireside team lo grow
again. with 8 Lead Worker roles, plus Team Leader and Service Manager roles created.
Our Adull Lead Worker service represents a fresh move into community-based working, and engages people
who have already obtained settled accommodation. and are making the final sleps in their recovery from
homelessness and unsettled accommodation. This service priorilises engagement with local community
assets. ranging from healthcare and other statutory Se￿ICe$ lo volunteering and creative activities.
The new Adult Lead Worker service is comMis￿Oned foi 5 years and is being delivered in partnership with
Trident. This represents a new partnership for SIFA Fireside. and going fomard. is an opportunity for us lo
implement the learning arsd approaches we have identified across our existing services into a new area of
housing related support.
Tay's story
"Tarf, is a former rough sleeper who first came to SIFA Fireside with a diagnosis of personality disorder and
body dysmorphic di50rder. When filst engaging wrth the Health & Recovery Team (HR T). Tay lokj the lea
that they felt isolated and regularly relied on cannabis to manage their mental health_
Through consistent involvement in Recovery activities such as Music Therapy and Geese Theatre sessions
al our Support Cenlre, Tay d￿covered a blossoming passion for singing and acting. Their confidence grew lo
the point where Ihey were able lo perform solo pieces through these groups, and they later delivered
rerriarkable perlormance before an audience at a SIFA Fireside event.
Page 5

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Since then. Tay has gone on to perform in local venues and community gigs. secure a regular 5101 on a local
radio show, and has built posrtive relalK)nships through widening their social nefv40rk.
Tay's journey demonstrates the transformative role and positive impact of creative therapies in recovery.
wellbeing, and social Integration.
TOGETHER, WE WORK DYNAMICALLY
Fundraising
SIFA Fireside embarked on a bold strategic Journey guided by newly defined priorities for 2024-2026.
Fundraising efforts have been aligned with these strategic goals. emphasising diversification of income
sources beyond goveinrnent funding. A newly formed fundraising CoMm￿ee now supports these efforts,
ensuring key aieas of income generalion are identified. monitored. and achieved.
Our programme of fundraising campaigns expanded further v￿th the continuation of the 'Hornelessness
Doesn't Take a Holiday, Summer Campaign in partnership wilh One Black Bear and Ocean Outdoor, as well
as the "Inequality Street" Chrislmas Campaign, which was supported by Leopard PR.
Fundraising events were also a highlight of our year with thanks to new SUPF)Orters and long-standing
corporate partners alike. The year saw our invoEvemenl in the Birmingham 24 Hour Run Against
Homelessness, Surgeon's Techno Birmingham event at Ihe Hare and Hounds, Squire Patton Bogg's
Inflatable Challenge and Cricket Tournament as well as BAM'S Charity Golf Day_
What we achieved
Amongst other valuable grants, we successfully secured the folbw"ng'.
Zurich Community Trust - £22,000 for Support Cenlre Costs
Hortons EsTales - £7,000 for the refurt)ishment of the female s Shower room
Garfield Weston Foundation- £10.000 towards Support Centre Costs
The Eveson Trust- £10,000 towards the running of the Support Centre
Stavoros Niarchos - £45.000 of Support CenlrelHomeless Inte￿entiOn Team funding
- The Souter Charilable Trust- £2.000 loward5 the running of Ihe Support Centre
The Mon131 Charilable Trust- £5.000 towards Support Centre Costs
Richard Kilcuppes - £1.500 of Support CenlrelHomeless Intervention Team funding
- Albert Hunt- £10.000 towards Support Centre Costs
Grimmit Trust- £3,500 towards the running of the Support Cenlre
29-May-61 - £10,OQO of Support CentrelHomeless Intervention Team funding
Rodger and Douglas Turner Charrtable Trust - £3,000 towards Support Centre Costs
SIFA Fireside reached well over half a million people across social media and the SIFA Fireside website
attracted 185,000 user inleractions.
We achieved press coverage in The Canary. BBC Online. BBC Midlands Today. Express and Star, What's
On, and Birmingham Live amongst others.
Our volunteering programme has flourished. with 43 regular volunteers in place and over 400 corporate
teams contributing a lolal 017,982 hours of support.
Financial review
Financial position
In summary. our total income of £1,897.203 (2024.. £1.546,6641 was applied to fund tolal expenditure of
£1,759.155pl2024 £1.406,7561 which resulted in a surplus for the year of £138.04812024. £139,909) Of this
£1,602,425 {2024-.£1,300.424) was expended in furtherance of our charitable activities meaning that out of
every £1 given to the charity, 85p is used in furtherance of our charitable obieclives.
Page 6

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Financial review
Banking and Investment policy
SIFA Fireside's primary inveslment 15 the cash deposits maintained ￿th its bankers. Records of Ihese
accounts are maintained in a secure location. all bank accounts are reconciled monthly on the accounling
software, they are maintained and operated under Ihe principle of dual control and the opening and closing of
bank accounts requires a Board Resolution.
Banking arrangements are regularly reviewed, and deposils are onty maintained with re¢ognised financial
inslilulions. Accounts will only be held with banks and building societies authorised by the Financial Services
Authority as they are protected in the event of Iheir failure by the Financial Services compensat￿)n Scheme
for deposits of up to £85,000. The costs and benefrts of the current and deposit accounts held are regularly
reviewed lo ensure bank charges andlor rate of inleiest are competitive and that the credit iating of the
deposit taking Inslitution is acceptable.
SIFA FiresKle will aKvays maintain al least 50Yo of unrestricted reserves in an instant access account.
Any fixed rate investments that Iimrt instant access require CEO and Chair of the Board approval. This policy
allows the organisation easy access lo funds whilst receiving a compelrtive interest rate.
Reserves policy
Pur
SIFA Fireside's purpose as a charity is to support our clients and this should be central lo decision making
when reviewing our reserves policy. Having a reserves policy helps inform the way in which the charity
manages its cash and will assist budget planning and explaining our approach to stakeholders. 11 should
contribute lo the board of trustee's ability to balance the needs of current and future beneficiaries. lo provide
stakeholders wilh assurances ihai tne cnarity is well managed an(J Ihai il has. ￿ere appropriaie, a siralegy
for building up reserves.
Polic aims
We aim ID hold enough reserves to ensure that we are able to continue supporting our clients in the
short-term should an unexpected drop in income occur. Our income is from a range of sources which gives
us resilience bul also means we need lo evaluate a wide range of faclors when setting our reserves policy.
We will utilise designated reserves to improve Ihe organisalion's resilience to high impact risks thal we
rnanage Ihiough our risk regislei such as the maintenance of our building.
We will also ulilise designated reserves to support the development of the charrty's long lem strategic goals.
Unrestricted Fund5
The reseNes that we have set aside Pfovide financial stability and the means for the development of our
principal activily. We intend lo mainlain our reserves at a level which is at least equivalent to four months of
expenditure to give us confidence that should an unexpected fall in income arise we will be able lo continue
operating without an immediate reduction in our services. This will give us time to ie4>udgel and plan any
necessary restructures.
If the strategy OT risk register determine that we need to aim to sel aside funds for a specific purpose and, we
have surplus restricted funds. then the board will be asked lo approve any new designations.
Redundanc Fund
Calculated based on redundancy costs associated with whole slaff team and assuming no staff lurnover so
most expensive scenario.
Page 7

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Financial review
Buildin
Fund
As the principal hub for single adull support services in Birmingham our building is extremety important to our
abilrty to operate. Our lease currently expires in 2026 and oui building is within an area which is subject to
development linked lo HS2, which may mean we are given notice to end our lease earlier. We have a fully
repairing lease on an old converted industrial unil and our potential liabilty for maintenance Is quite
significant. For this reason. we aim to keep an amounl of £1 Ook in a designated building fund whsch means
we can cover any emergency repairs to the building should an insurance dispute or non-insured evenl arise.
Therefore our reserves target foT 2025126 is £747.859 12024125. £719.913). As al 31 March 2025, the
reserves balance after accounting for oulslanding debtors and credrtors is £1.C67.458. Oue lo a number of
contracts ending in March 2025 and uncertainly over renewal timelines we plan lo retain reserves held in
excess of our largel for the next 12 months lo help us maintain our service delivery during this lirne.
TOGETHER, WE LOOK TO THE FUTURE
Future Plans
SIFA Fireside wll continue to evolve Our services into places where people feel safe and supported, and
where meaningful and lasting change is enabled. We can't do this alone though, and we will further develop
our links with experts in Trauma Informed and Per50n-centred Practice to apply principles and procedures
Ihat enable us lo delivei services in the right way.
Our Exempl Accommodation Navigators have Identif￿ emerging Ihemes regarding the barriers faced by
people living in Exempt Accommodation and have underlaken the process of training to better resource
themselves when provKJing support. Drug and Alcohol awareness, Naloxone administration and Hoarding
awareness training will continue, to enable us to better respond to the Presenting needs of people engaging
with the service.
The Lead Worker service also represent5 a 5wnificant change in how SIFA Fireside delwers its services_
Lead Worker delivery lakes place within l¢xal communities, away from the Support Cenlre, and many Lead
Worker clients may have no {recenll experience of rough sleeping_ With the roll out of this service. combined
with Peer Support and Exempt Accommodation services. a signrficant amount of SIFA Fireside's face lo face
work with clients now lakes place away from the Support Centre_
TOGETHER, WE MAKE AN IMPACT
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by rts governing document. a deed of trust. and constitutes a limited company. limited
by guarantee. as defined by the Companies Act 2006.
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SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitrnent and appointment of new directors and tr￿SleeS
The director5 and trustees are appointed according to the rules detailed in the Memorandum and Articles of
Association of SIFA Fireside.
When new truslees are sought the board ar￿ management will actively seek potenlial recrurt5 from within
local networks and also consider recrurtment via an advertisement in local media and voluntary sector
umbrella organisations, ensuring thal the board represents the widest possible Tange of communities and
interest groups, irscluding SIFA Fireside's volunteers and clients_ Polential candidates for appointment are
initially inteNiewed by the chair and then presented to the full board for the decision to appoint. New trustees
can be co-opted onto the board in periods between AGMS and are then presented lo members for election al
the next AGM.
The trustee induction process is jointty led by the chair of Iruslees and the Chief ExecutNe and includes an
introduction to the structures and govemance of SIFA Fireside. an operational overview of service delwery.
sile visits. awareness training and detailed reading of policies and procedures. Following appointment. new
trustees sign a confidentiality agreement and a conflrt of interest declaration.
Organisational structure
SIFA Fireside is led by a Chief Executive who reports directly lo the board of trustees. The Chief Executive is
responsible for the day lo day running of the charty with support from a managemenl team Ihat consists of."
Head of Finan
Head of Services
Head of Fundraising, Communications and Volunteering
Decision making
The board of Iruslees meets formally at least fNe times each year to make decisions informed by
presentation and discussions with the Chief ExecLJtive and members of the management team. The lypes of
matters reserved for the Board include the approval of the budget and the Annual Report and Accounts and
ratification of the business plan. signrficant caprtal expenditure and the char-rty's pOI￿leS_ The board is also
responsible for long4erm financial and strategic planning and for governance. while the management team
takes operational decisions. In between formal board meetings. the Irustees meet lo review specrfic areas of
operation in depth through structured workshops that aTe also attended by the senior leadership of the charity.
There are also sub groups, for example the Fundraising Cornmiltee, comprising of trustees and senior
management that monitor and direct specrfic areas of aclivily which report to the full board as required.
The board delegate the daily operalional responsibility to the Chief Executive supported by the management
team. The Chief Executive is responsible for ensuiing Ihal the charity deliver5 a setvice in accordance with its
Objects and Mission slalement. that key performance indicatOTS are met. and for balancing the effective
management of resources with creative development that keeps the interests of clients al ils heart. The day
to day management of the seNice including Staff managemenl Is the responsibility of the management team.
The chair and Chief Executive meet on a regLtlar basis to maintain information flow and the management
team meets at leasl weekly lo ensure strategic relevance and operational effectiveness and to provide
consultative stiucluie5 within the organisation.
SIFA Fireside ha5 policies and procedures in place that describe key financial responsibilities and the agreed
areas of delegation from trustee board to managernent. The Head of Finance takes responsibility for
overseeing account recon¢ilplDn and reports directly lo Ihe Board on the management accounts and
budgetary mallers.
Key management remuneration
Total Temuneration received by key management pef3onnel was £214.745 {2024.. £214,2461-
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SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Risk management and quality standards
It is the charity's policy to have a risk managemenl framework which".
- Atlernpts to identify. assess and manage SIFA Fireside's risks
Supports SIFA Firèside's stralegic plan
Assigns clear responsibilities for risk management
Monrtors and tracks progress on managing risk
Risks are recorded on the organisational risk register which are reviewed and scored quarterly by the Senior
Leadership Team. The Board of Trustees reviews the risk register and the CEO updates the board about any
changes.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03094905 (England and Wales)
Registered Charity number
1049728
Registered office
48-52 Allcock Street
Birmingham
B9 4DY
Trustees
S M Barke55 (appointed 115125}
G J Bate {resigned 211111241
M L Chidgey
J F Foy (appointed 115125)
C Groom
M A Khan (appointed 17n1251
D J Ollier
S B Partridge
HAPyke
D R Wakely (appointed 3011125)
C D Wildman
S J Young
Company Secretary
M Molloy
Auditors
Prime
Chartered Accounlanls
Stalulory Auditor
Corner Oak
1 Homer Road
Solihull
B91 3QG
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees Iwho are a150 the directors of SIFA Fireside for the purposes of company lawl are responsible
for preparing the Report of the Truslees and the financial slalemenls In accordance with applicable law and
United Kingdom Accounting Standards (Unrted Kingdom Generalty Accepted Accounting Practicel-
Page 10

SIFA FIRESIDE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES. RESPONSIBILITIES - continued
Company law requires the trustees lo prepare financial statements for each financial year. Under thal law. the
Iru5tees have elected lo prepare the financial statements in accordance wilh United Kingdom Generally
Accepted Accounting Practice {Uniled Kingdom Accounting Standard5 and applicable law).
Under cofflpany law the trustees must not approve the financial statements unless they are satisfied that they
give a true and fair view of the stale of affairs of the chanlable company and of Ihe incorning resources and
application of resources, including the income and expenditure. of the char51able company for that period. In
preparing those financial statements. the Irustees are required to
select suitable accounting policies and then apply them consistently-.
observe the methods and pnnciples In the Charilies SORP.
make judgements and estimates that are reasonable and prudent..
slate whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial slalements..
prepare the financial slalemenls on the going concern basis unless rt is inappropriate to presume that Ihe
charitable company will continue in business.
The tTuslees are responsible for keeping proper accounting records which disc105e with reasonable accuracy
at any time the financial position of the charilable company and to enable Ihem lo ensure that the financial
staternenls cO￿pIY with the Companies Act 20G6. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularilie5.
In sa far as the trustees are aware..
there 15 no relevant audrt infomalion of Vffi￿h the chantable companys auditors are unaware.. and
the trustees have taken all step5 that they ought lo have taken lo make themsefves aware of any relevant
audit information and to establish thal the audrtors are aware of that information.
AUDITORS
The auditors. Prime. will be proposed for re-appointment at the forthcoming Annual General Meeting.
Repart of the trustees. incor
company directors. on .....
orating a slralegic report, approved by order of the board of trustees, as the
and signed on the board's behalf by..
C D Wildman - Trustee
Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SIFA FIRESIDE
Opinion
We have audited the financial statements of SIFA Fireside (the 'chantable company'l for the year ended
31 March 2025 whth comprise the Stalement of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements. including a summary of significant accounting policies. The
f￿ancIal reporting framework that has been applied in their preparation is applicable law and United Kingdorn
Accounting Slandards {Uniled Kingdom Generalty Accepted Accounting Practice}.
In our opinion the financial stslements..
give a true and fair view of the slate of the charitable company s affairs as al 31 March 2025 and of ils
incoming resource5 and application of resources. including rts income and expendiluie. for the year then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice..
and
have been prepared in accordance with the requyemenls of the Companies Act 20(￿.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial
513ternen15 in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical
responsibilities in accoTdance with these requirements. We believe that the audrt evKlence we have obtained
is sufficient and appropriate to provide a basis lor our opinion.
onclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of
accounting in the preparation of the financial slatements is appropriate.
Based on the work we have perfonned. we have not Klentified any material uncertainties relating to events or
conditions that, individually or colleclivety. may cast significanl doubl on the chaTilable company s abilily lo
continue as a going concern for a period of al least twelve month5 from when the financial statements are
aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respecl to going concem are described in the
relevant sections of thi5 report.
Other Snfomiatlon
The Iruslees are responsible for the other infofmation. The other information comprises the information
included in the Annual Report, other than the I￿ancIal statements and our Report of the Independent Audrtors
Ihereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicrtly stated in our report. we do not expte55 any fom) of assurance conclusion Ihereon.
In connection with our avdil of the financial statements. our responsibility is to read the other information and.
in doing 50, consider whether the other Infoimation is materially Inconsislenl with the financial slalemenls or
our knowledge obtained in the audit oi otheMise appears to be materially misslaled. If we identify such
material inconsistencies or apparent material misstatements. we are required to determine whether this gives
rise lo a malerial mi55taternent in the financial statements themselves. If. based on the work we have
perfortned, we conclude Ihal there is a material misstatement of Ihis Other informalion, we are required to
report that fact. We have nothing lo report In this re9aid.
Oplnlons on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken In the course of the audit..
the information given in the Report of the TTuslees for the financial year foi which the financial statements
are prepared is consislenl with Ihe financial statements.. and
the Report of the Trustees has been prepared In accordance wrth applicable legal requirements.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SIFA FIRESIDE
Matters on which we are required to report by exception
In the light of the knovAedge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not idenlifEd material misstatements in the Report of the Trustees.
We have nothing to report in respecl of the following matters where the Companies Act 2006 require5 U5 to
report lo you if, in our opinion".
adequate accounting records have not been kept or return5 adequate for our audit have not been recewed
from branches not V151ted by us.. or
the financial statements are not irs agreement wrth the accounting records and retvrns., or
certain disclosures of Iruslees. remuneratDn specified by law are not made". or
we have not received all the Informal￿n and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees. Responsibilities. the trustees (who are also the directors
of the charitable company for the purposes of company law} are responsible for the preparation of the
financial slalemenls and for being satlsfied thal they give a true and fair view. and for such internal conlrol as
the trustees detem)ine is necessary to enable Ihe preparation of financial stalernenls that are free from
materkql misstatement. whether due to fraud or error.
In preparing the financial statements. the Irustees are responsible for assessing the charrtable companrfs
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to14uidale the charitable company or
to cease operations, or have no realistic allemalive but to do so.
Our responsibilities lor the audit of the financial ststements
Our objectives are to oblain reasonable assurance about whether the financial stalemenls as a whole are free
from material misstatement. whether due to frauLI or error. and to Issue a Report of the Independent Auditors
that include5 our opinion. Reasonable assurance is a high level of assurance. but Is not a guarantee that an
audit conducted In accordance with ISAS (UK) will always detecl a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material rf. indivKlually or in the aggregate,
they could reasonabty be expected lo influence the econom￿ decIs￿nS of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularilies. including fraud is detailed below..
OUT approach to idenlrfying and assess•ng the risks of material misstatemenl in respect of irregularities.
including fraud and non-complianee with laws and regulations, was as follows..
the engagement partr)eT ensured that the engagemenl team collectively had the appropriate competence,
capabi111ies and skills lo identify or recconise non-compliance with applicable laws and regulations..
we identified the laws and regulation5 applicable to the company through discussions wrth director5 and
other management, and from our commercial knowledge and experience of the Industry sector.
we focused on specific laws and regulation5 which we considered may have a direct material effect on the
finarbcial 51atemenls or the operations ol the company. including the Companies Act 2006. taxation legislation
and data protection, anli-bribery, employment, environmental and heallh and safety legislation,"
we assessed the exlenl of compliance with the laws and regulations identified above through making
enquiries of management and inspecling legal correspondence".
e assessed the susceplibility of the company s financial statemenls to malerial misstatement, including
obtaining an understanding of how fraud might occur. by..
making enquiries of management as to where they considered there was susceptibility lo fraud, their
kno￿edge of actual, suspected and alleged fraud,- and
considering the internal controls in place to mitKJate risks of fraud and non-compliance with laws and
regulations.
Page 13

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SIFA FIRESIDE
To address the risk of fraud Ihr(Jugh management bias and overrtde of controls, we..
performed analytical procedures to idenlify any unusual or unexpected relationships:
tested journal entries to identfy unusual Iransaclions".
assessed whether judgements and assumption5 made m determinin9 accounling eslimates were indicative
of potential bias. and
investpated the rationale behind S￿nIf￿nI or unusual transactions.
In response to the risk of irregularit¢es and non-compliance v￿th laws and regulations. we designed
procedures which Included, but were not limited to..
agreeing financial s131ement disclosufes lo underlying supporting drKumentalion'
enquiring of management as to actual and potential lrtigation and claims., and
revEwing correspondence with HMRC and other relevanl parties.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions. the less likety il is Ihal we would become aware of
non-eompliance. Audilyig standards also limrt Ihe audit procedu￿5 required to identify non-compliance with
laws and regulations lo enquiry of the directors and other management and the inspection of regulatory and
legal correspondence. il any.
Material misslatemenls that arise due lo fraud can be harder to detect than those that arise from error as they
rnay involve deliberate concealment or collusion.
A further descriplion of our responsibililies for the audit of the financial ststements is located on the Financial
Reportin9 Council's websile at www.frc.org.uklaudtlorsresponsibililies. This description forms part of our
Report of the Independent Auditors_
Use of our report
This report is made solely lo the charrtable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken 50 that we might slate lo the
charilable company's members those mallers we are required to slate to them in an auditors, report and for
no other purpose. To the fullest extent permitted by law. we do not accept or assume ie5ponsibility to anyone
other than the charilable company and the charitable companvs members as a body, for our audit work, for
this report. or for the opinions we have formed.
Jeremy Kilson BA FCA (Senior Slalutory Auditor)
for and on behalf of Prime
Chartered Accountants
Statutory Auditor
Corner Oak
1 Homer Road
Solihull
B913QG
Date..
Page 14

SIFA FIRESIDE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
440.089
397
440,486
428,802
Charitable activities
Charitable Activities direct costs
Grants and contracts
1.153
1.153
1,430,059
1,430,059
1.095,813
Investment income
25,504
25.504
22,050
Total
466.746
1.430,456
1,897,202
1.546,665
EXPENDITURE ON
Raising funds
156.730
156.730
106,332
Charitable acllvities
Charitable Activities direct costs
Support Costs
Governance costs
Premise5 Costs
(630,470)
633.491
41,790
103.402
1,428,126
26.088
797,656
659.579
41.790
103.402
556,090
611,592
40,528
92,214
Total
304.943
1.454.214
1.759.157
1.406,756
NET INCOMEI(EXPENDITUREI
Transfers between funds
161.803
(13.594)
(23.7581
13.594
138,045
139,909
17
Net movement in funds
148,209
(10,164)
138,045
139.909
RECONCILIATION OF FUNDS
Total funds brought forward
906.173
342.511
1.248.684
1.108,775
TOTAL FUNDS CARRIED FORWARD
1.OS4.382
332.347
1,386,729
1,248,684
The notes fomi part of these financial statemenls
Page 15

SIFA FIRESIDE (REGISTERED NUMBER: 03094905)
BALANCE SHEET
31 MARCH 2025
2025
Total
fund$
2024
Total
funds
Unrestncted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
12
258.001
258.001
285,305
CURRENT ASSETS
Debtors
Investments
Cash al bank
13
14
227.634
260.533
507.038
227.634
260,533
839.384
291,739
258,296
683,653
332.346
99S.20S
332,346
1,327,551
1,233,688
CREDITORS
Amounls falling due within one year
15
1198,823)
{198.823)
(270,309)
NET CURRENT ASSETS
796,382
332,346
1.128.728
963,379
TOTAL ASSETS LESS CURRENT
UABILITIES
1,054,383
332.346
1.386.729
1,248.684
NET ASSETS
1.OS4.383
332.346
1.386.729
1.248.684
FUNDS
Unrestricted funds
Reslricled funds
17
1,054,383
332,346
906.173
342,511
TOTAL FUNDS
1.386,729
1.248,684
The financia
statements were approved by the Board of Trustees and aulhorised foi issue on
and were signed on its behaff by".
C ¢-Th. &viWo
C D Wildman - Trustee
The notes form part of these financial statements
Page 16

SIFA FIRESIDE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from opewating activitie5
Cash generated from operations
158.381
131.248
Net cash provided by operating activities
158.381
131.248
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Increase in current asset investments
125,917)
25,504
{2.237
(31.7721
22,051
{258.2961
Nel cash used in investing activities
(2,650)
1268.017)
Change in cash and cash equivalents
in the reporting period
Cash and cash oquivalents at the
beginning of the reporting period
155,731
{136,769}
683.653
820.422
Cash and cash equivalents at the end
of the reporting period
839.384
683,653
The notes form part of these financial slaternents
Page 17

SIFA FIRESIDE
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025
2024
Net income for the reportlng perSod la5 per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decreasellincreasel in debtors
{Decrease}lincrease in creditors
138,045
139,909
53.220
12S,504}
64,105
(71,485)
51,584
{22 0511
(47,851)
9,657
Net cash provided by operations
IS8.381
131,248
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
Ai 31.3.25
Net cash
Cash at bank and in hand
683.653
155,731
839,384
683,653
155.731
839.384
Liquid resources
Deposits included In cash
Current asset investments
258,296
2,237
260,533
258,2%
2,237
260,533
Total
941.949
157,968
1,099,917
The notes form part of these financial statements
Page 18

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
The financial statements of the charitable company, which is a public benefit entrty under FRS 102.
have been prepared in accordance wilh the Chaiilies SORP {FRS 102) 'Accounting and Reporting by
Charities. Statement of Recommended Practice applicable lo chariiies preparing their accounls in
accordance with the Financial Reporting Standaid applicable in the UK and Republic of Ireland {FRS
102} (effective 1 January 20191.. Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic ol Ireland, and the Companies Act 2006. The financial statements
have been prepared under the hiStOr￿al cost convention.
The linancial slalements are piepared on a going Con￿rn basis under the historical cost convention,
modified lo include certain items al fair value. The financial statements are P￿sented in sterling wh￿h
is the funclional currency of the charity.
Income
All income is recognised in the Statement of Financial Activtlies once the charity has enlillemenl lo the
funds, It is probable thal the income will be received and the amount can be measured reliably.
Expenditure
Liabilrties are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity lo thal expenditure. rt 15 probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related lo the category. Where costs cannot be directly attributed to particular headings they have been
alk)cated to activities on a basis consislent with the use of resources.
Tangible fixed assets
Depreciation is provmled at the followng annual rates in order to write off each assel over its estimaled
useful life.
Long leasehold
Fixtures and frttings
4°/0 on cost
33.33Vo on cosl and 20% on cosl
Taxation
The chaiity is exempt from corporalion tax on rts charrtable actfvrties.
Fund accounting
Unreslficted funds can be used in accordance with the charilable objectives at the discretion of the
trustees.
Reslricled funds can onty be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the r￿lUre and PLtrpose of each fund is included in the noles lo the financial
stalemenls.
Pension costs and other post-retlrement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable lo the
charitable CoMpan￿S pensM)n scheme are charged lo the Statement of Financial Activities in the
period lo which they relate.
Page 19
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS_ continuèd
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
2025
2024
Donations
440.486
428,802
INVESTMENT INCOME
2025
2024
Oeposrt account interest
25,504
22,050
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Charitable Activilies direct costs
Grants and contracts
Grants
Granls
1,153
1,430,059
1.095,813
1,431,212
1,095,813
Grants received. included in the above. are as follows-
2025
2024
Emigrant Support Programme
Oak FOundat￿n
National Lottery - Recover & Reconnent
BCC ASH inc protect
Othef income
Home Off Ice EUSS Grant
Homeless Transition Worker
BCC Housing Options
Swire Trust
Garfleld Weston
Geese Theatre
Phoenix Pharmacy
National Lottery- Cookery Sessions
WMCA- Lol D - Spot Purchasing
Living Well
B&CE Conslruction Employability
WMCA - Social Networks
BCC Public Health- OHID Housing support
BCC winter food aid
Lottery - Cost of living
BCC Housing - Peer Support Worker Service
BCC Housing - Persons from Abroad Adull Navigator
BCC Publk Health - Exempl Adult NaV￿alOr Service
BCC- Adult Lead Worker
14,760
112,476
159.135
311.191
1.153
14.250
64,880
138.888
490,500
4.289
81,600
96,228
6,250
6,6S7
5,961
700
3.650
4,800
20,000
4.940
22,000
8,665
5,000
75,000
2,592
29,500
9.453
45.253
96.886
13.333
3.409
5,000
8.150
31.419
4.000
94.869
71.616
365,447
93,125
1,431.212
1,095,813
Page 20
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
RAISING FUNDS
Raising donations and legacles
2025
2024
Staff costs
Marketing and fundraising
145,714
11,016
88.116
18.216
156,730
106,332
CHARITABLE ACTIVITIES COSTS
Support
costs Isee
note 71
Direct
Costs
Totals
Charitable Aclivrties direct costs
Support costs
Governance costs
Premises COStS
797.656
797,656
659,579
41.790
103,402
659,579
41,790
103,402
797,656
804,771
1.602.427
SUPPORT COSTS
Management
and admin
costs
Governance
osts
Finance
Totals
Support costs
Governance costs
Premises costs
658.619
960
659,579
41.790
103,402
41.790
103,402
762.021
960
41.790
804.771
NET INCOMEIIEXPENDITURE)
Nel Incomel{expenditurel is slated after chargingl(credrting)_'
2025
2024
Auditors, remuneration
Depreciation - owned assets
11,383
53,221
11,100
51,585
Page 21
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES. REMUNERATION AND BENEFITS
There were no Irustees. remuneration or other benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Trustees. expenses
There were no trustees. expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
10.
STAFF COSTS
2025
2024
Wages and salaries
Other pension costs
1.130,258
26.794
908.879
21,558
1,157,052
930.437
Total remuneration received by key management personnel was £214,745 (2024- £214.246}. Key
management personnel compiises the Chief Executbve and other members of the management team.
The average monthly number of employees during the year was as follows..
2025
2024
35
All staff
The number of employees whose empk)yee benefrts (excluding employer pensK)n costs) exceeded
£60,000 was..
2025
2024
£60.001 - £70,000
The average fulktirne equivalent employees for the year was 31 {2024'. 30).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled
funds
Reslricled
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
426.045
2.757
428,802
Charitable activities
Grants and ¢ontiatts
701
1.095.112
1,095.813
Investment income
22 050
22,050
Total
448,796
1,097.869
1,546.665
EXPENDITURE ON
Raiswig funds
106,332
106.332
Page 22
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestiicled
Restricted
funds
fund5
Total
fund5
Charitable activilies
Charitable Activities direct cosls
Support costs
Governance costs
Premises costs
(435.343)
596,100
40.528
92.214
991.433
15.492
556,090
611,592
40,528
92,214
Total
399.831
1.006.925
1,406,756
NET INCOME
Translers between funds
48,965
{11,751)
90.944
11.751
139,909
Net movement in funds
37,214
102.695
139,909
RECONCILIATION OF FUNDS
Total funds brought foryRrd
868,958
239,817
1.108.775
TOTAL FUNDS CARRIED FORWARD
9C6,172
342,512
1,248,684
12.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Long
leasehold
Tota15
COST
Al 1 April 2024
Additions
449,507
241.973
25.917
691.480
25,917
At 31 March 2025
449.507
267,890
717,397
DEPRECIATION
At l April 2024
Charge for year
233,741
17,980
172,434
35.241
406,175
53.221
Al 31 March 2025
251.721
207.675
459.396
NET BOOK VALUE
Al 31 March 2025
197,786
60,215
258,001
At 31 March 2024
215.766
69,539
285,305
Page 23
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prepaymenls
21.600
2.000
268.139
2.000
225,634
227.634
291.739
14. CURRENT ASSET INVESTMENTS
2025
2024
Amounts held on short teTm deposits
260,533
258,296
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade credilors
Social security and olher taxe5
Other creditors
Accruals and deferred income
39.64S
24,242
12,163
122,773
82,391
20,957
13.270
153,691
198,823
270.309
16. LEASING AGREEMENTS
Minimum lease payments under non-cancellabie operating leases fall due a5 follows..
202S
2024
Within one year
Between one and five years
In more than five years
65,750
263,000
394,501
20,048
723,251
20,048
Page 24
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17. MOVEMENT IN FUNDS
Nel
movemenl
in funds
Transfers
between
funds
At
31.3.25
Al 1.4.24
Unrestricted funds
General fund
Designated fund - Building repairs
Designated fund Redundancy
744,699
100,000
61,474
161.804
(13.594)
892,909
100,000
61.474
906.173
161.804
(13.5941
1.054.383
Reslricted funds
BCC ASH
BCC Housing - Peer Support Worker
Service
BCC Housing - Persons from Abroad
Adult Navigator
BCC Public Health - Exempl Advll
Navigator Service
BCC publ￿ Health- OHID housing
support
B&CE Construction Employabilrty
Draw My Cty Art Fund
D Rowe Fundraiser
Emigrant Support Programme
Garfield Weston
Geese Theatre
Homeless Transition Worker
IHG Home Starter Packs
LNing well
National Lottery - Ctsjkery Sessions
National Lottery - Recover & Reconnect
Oak Foundation
Other Small restricted funds
RSI-LolH
Social Enterprise Investment Fund
WMCA- Lol D - Spot Purchasin9
WMCA_ Social Ne￿orkS
BCC - Adult Lead Worker
52,270
144.100
8,169
110,887)
10.887
23.662
120.0151
3,646
(237)
237
4.896
13,564
8.083
12.979
13,564
400
400
11.088)
1.088
3,625
4.433
13)
(411)
112.706)
(966)
411
19.796
7.090
966
3.037
3.650
12.597
3,037
3.650
4S.742
33.146
(6)
(43)
305
417
202,060
2.216
415
262
417
202,060
2.350
147
24.400
134
12681
24,400
342.511
(23.759}
13,594
332.346
TOTAL FUNDS
1,248.684
138,045
1,386,729
Page 25
continued..

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- conlinued
Net movement in funds, included in the above are as follows".
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
466.746
(304,9421
161,804
Reslricted funds
BCC ASH
BCC Housing Options
BCC Housing- Peer Support Worker
Service
BCC Housing - PeTsons from Abroad
Adult NavigaloT
BCC Public Health- Exempt Adult
Navigator Service
BCC Public Heafih- OHID housi
support
BCC winter food aid
Draw My City Art Fund
D Rowe Fundraiser
Emigrant Support Pragramme
Garfield Weston
Geese Theatre
Homeless Transition Worker
IHG Home Starter Packs
National Lottery- Recover & Reconnect
Oak Foundation
Other small restricted funds
WMCA- Lol D - Spot Purchasing
WMCA- Social NetWOTks
BCC- Adult Lead Worker
311,191
96.886
(355,291
196.886
144,1001
94,869
1105,756)
(10,8871
71,615
191,630)
{20,01 $1
365.448
1365,6851
12371
31,419
4.000
41XI
(23,3361
(4.0001
8,083
400
11.088}
808
131
(1,Q88}
(13.942}
{13.336)
13.820)
157.9581
(9661
1125,9881
{112.481}
143}
14.8661
18.4181
168,725)
14.750
13.333
3.409
45.252
112,706
19661
33,146
159.134
112.475
1431
134
(2681
24,400
5.000
8.150
93.125
1,430,456
11,454,21 Sl
123,759)
TOTAL FUNDS
1.897.202
11,759,157>
138.045
Page 26
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS . continued
Comparatives for rnovement in funds
Net
movemenl
in funds
Transfers
between
funds
Al
31.3.24
At 1.4.23
Unrestricted funds
General fund
Designated fund - Building Yepairs
Designated fund - Redundancy
868.958
48,966
1173.2251
100,000
61.474
744,699
100,000
61,474
868.958
48,966
{11,751}
906.173
Restricted funds
BCC ASH
BCC Housing - Persons from Abroad
Adult Navigator
BCC Public Health- OHID housing
support
BCC winter fo¢￿ aid
B&CE Construction EmpFoyability
Draw My Crty Art FurKI
D Rowe Fundraisef
Emigfant Support Programme
Home Office EUSS Grant
Homeless Transition Worker
IHG Home Starter Packs
JLR Crisis Support
Living well
National Lottery - Cookery Sessions
National Lottery - Recover & Reconnect
Oak Foundation
Other small restricted funds
RSI-LotH
Social Enterprise Investment Fund
Swre Trust
WMCA- Lol D - Spot Purchasing
WMCA - Social Nelworks
52,270
52,270
23,662
23,662
4.896
{3)
4,751
1870)
19851
4.896
8,813
13,564
870
985
3.625
3.625
(1.0671
3.228
13521
(131
3,037
3.650
6.479
1,(￿7
16.568
19,796
352
13
3.037
3,650
12,597
6.118
305
305
417
202.060
417
202.060
16,2501
(2.211}
415
6,250
2,211
2,216
2,216
415
239,817
90,943
11.751
342.511
TOTAL FUNDS
1.108.775
139,909
1,248.684
Page 27
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- continued
Comparative nel movemenl in fund5. included in the above are as follows..
Incoming
resources
Resources
expended
Movemenl
in funds
Unrestricted funds
General fund
448.795
(399.8291
48,966
Restrfcted funds
BCC ASH
BCC Housing Options
BCC Housing - Peer Support Worker
Service
BCC Housing - Persons from Abroad
Adult Navigator
BCC Public Health- Exempl Adult
Navigator Service
BCC Public Health- OHID housing
support
BCC winter food aid
B&CE Construction Employability
Draw My City Art Fund
O Rowe Fundraiser
Emigrant Support Programme
Garfield Weston
Geese Theatre
Home Office EUSS Grant
Homeless Transition Worker
IHG Home Starter Packs
JLR Crisis Support
Living well
Lottery- Cost ol Living
National Lottery- Cookery Sessions
Natior)al Lottery - Recover & Reconnect
Oak Foundation
Other small restricted funds
Swiie Trust
WMCA- Lot D_ Spot Purchasing
WMCA- Social Nets￿r￿s
490.500
96.228
(438.230>
196.228}
52,270
2.592
{2.592)
29,501
(5.839)
23,662
9,453
{9.453)
8,665
5,000
4,940
950
{3,7691
15,0031
11891
11,8201
1985}
(14,251)
{6.6671
15.9611
15,3561
178,3721
(352)
(1,513)
116.963)
(75,000)
4.896
131
4,751
18701
19851
14,251
6,667
5.961
4,289
81,600
(1,067)
3.228
(3521
(13)
3,037
1.500
20.000
75.000
3.650
138,888
64.880
305
6,250
4.800
22.000
3.650
6.479
1132,4091
(64.8791
305
16,2501
12,2111
415
{12,5001
(7,0111
{21,5851
1.097.870
(1,006,927)
90,943
TOTAL FUNDS
1.546.665
{1.406.7561
139,909
Purposes of Restricted Funds:
Birmin
ham Cit Council Adult Su
rtHub
ASH
The ASH is a prevenlion-focused servte which provides vulnerable adults wrth support in the
comrnunily lo help them maintain Iheir accomodation.
Birmin ham Cil Council - Housin
Solutions
Funding to support Covlocation of BCC Housing Options team al SIFA Fireside.
BCC Housin
Persons from Abroad Adult Navi
ator
Page 28
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS - continued
To work lo support those wilh re51ricted eligibility to public funds lo regularise their immigration status
and build pathways for them lo move out of rough sleeping
BCC Public Heabth- OHID Housin
ort
Purchasing provision to support those with addrction issues accommodated in the crty with a variety ol
things including travel, essential home items. obtaining passports and ID and costs lo sustain
accommodat￿n.
BCC Public Health - Exem
l Adull Navi
ator Service
Provision of long term sUPPOrt lo slabilise accommodation and lacililate engagement in substance
misuse treatment
BCC Winter Fo
Aid
Emergency fund to 5UPPOrt wrth increasing food costs for the support centre during cost of living crisis.
B&CE's Charitable Trusl - Construction Em
abili
Improving the employability skillsets and opportunities available for those who are experiencing
homelessness in Birmingham - specrfically within Ihe construction sector.
Oraw m
Arts Fund
Fund developed by local artists to support provision of art workshops.
D Rowe Fundraiser
To provide rough sleepers wrth sleeping bags and other essential items
DWP
Intenswe empioymenl assistance programme called Step Ahead deliveied by full-time specialist
employment workers basecl at SIFA Fire$￿e
IHG Home Starter Packs
To 5UPPOrt clients placed in exempl accommodation with essential home items to facilrtale tenancy
sustainment
Irish Government Emi
rant Su
ort Fund
ESP
Grant lo help support Irish citizens and clients of Irish orwJin to access our services.
Garfield Weston
Connected pathways. Anti-slavery and Homelessness Project with the Wesl Midlands Anli-slavery
Network lo conlribute to the budget for the provision of an Anti-slavery & Homelessness Development
Off icer based at SIFA FiresKIe.
Geese Theatre
Using theatre and drama lo share hidden stones and build resilience and skills for people experiencing
homele55ne55 in Birmingham
Home Office- EU Selllernenl Scheme Grant Fundin
Funding to delivery practical support lo vulnerable or al-risk EU. EEA and s￿$$ citizens and their
non-EU family members to help them make their EU Settlement Scheme application.
Birmin
ham Cit Council - Homeless Transition Worker Service
Provision of hous¥ig and wellbeing 5UPPOrt to vulnerable people referred from the named service5 and
moving Into accommodation without commissioned support.
JLR Crisis Su
ort
Page 29
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continuèd
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- continued
To provide rough sleepers wrth sleepin9 bags and other essential rtems
Ltvin
Well
Funding provided by the Living Well Consortium to provide cooking workshops lo clients.
National Lotte
Cookin
sessions
Cooking lessons for people experiencing homelessness in Birmingham
National Lotte
- Recover and Reconnecl
Working with peop￿ through their recovery lo living fullilling. indepèndenl Irves
Oak Philanlhro
This funding is from the Oak Foundalion to enable u5 to undertake or9ani5ational developrnenl work.
This will enable us lo improve outcomes for clients Ihrough improved operating systems.
OPCC Anli-slave
& Homelessness Pro ect
Anti-slavery and Homelessness Pro)ecl with the West Midlands Anti-slavery Network lo provide an
Anti-slavery & Homelessness Development Officer based al SIFA FireS￿e
Phoenix Pharmac
Phamacy outreach W￿rker in partnership wrth University of Birmingham and NHS
RS14
Engaging with clients to provide personalised support lo move on from rough sleeping and sustain
accommodation.
West Midlands Combined Authori
-Rou
h Slee
rs Initbattve - Lol H
The project supports individuals wrth a history of rough sleeping and homelessness lo establish and
strengthen social and community based nelworks, and to sustain lenancies lo prevenl rough sleeping
and guard against a retum to rough sleeping.
ocial Enter
rise Inveslmenl Fund
Grant awarded in 2011 was used lo acquire curient premises in Allcock Street, Digbelh on a 25 year
lease and to renovate the building according to our specifications.
Steel Charitable Trus1
Funding to Contribute towards the provision of our drop in service. offering practical a55151ance to
people who are workers based at SIFA Fiieside.
Swire Trust
Connected pathways. Anli-slavery and Homelessness Project with the West Midlands Anli-slavery
Network to contribute lo Ihe budget for the prowsion of an Anli-slavery & Homelessness Development
Officer based al SIFA Fireside_
Wesl Midlands Combined Aulhorit Rou
h Slee
ers Initiative - Lol B
Women specific service provision to prevent and resolve rough sleeping crisi5, especially where abuse
or explortation May be a factor.
West Midlands Combined Aulhorit - Rou
h Slee
ers Inrtiative - Lot c
Provision of legal advicelsupport to those with problematic status in the UK impacting rough sleep￿g.
Includin9 tèmporary >¢commodation as a p2thway to resolving slalus and rights. return lo country of
origin or into work.
Wesl Midlands Combined Aulhotit - Rou
h Slee
ers Initiative - Lot D
Page 30
continued...

SIFA FIRESIDE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS - continued
Outcome focused. spot purchases and to er)able individual solutions foT people Sleeping rough.
allowing flexible. personal planning and delivery.
WMCA Social Ne￿Ork
The Projecl supports individuals with a history of rough sleeping and homelessness to establish and
strengthen social and community based netsvorks. and to sustain tenancies to pievent rough sleeping
and guard against a return lo rough sleeping.
RELATED PARTY DISCLOSURES
Theie were no related paty IransactK)ns for the year ended 31 March 202512024-. £Nill.
19.
SHARE CAPITAL
The company is limrted by guarantee withoul share capital_ In the event of the company being wound
up each member has a liability restricted to £10.
As at 31 March 2025 there were 812024. 81 members of the chanlable company.
20. TAXATION
As a charrtable company. SIFA Fireside. is exempt from tax on income and gains falling within
sections 481489 of the CTA 2010 or seCt￿n 256 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applied lo rts charrtable obiecls. No lax charges have arisen within the chafltable
company.
Page 31

SIFA FIRESIDE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
440,486
428,802
Investment income
Deposit account interest
25,504
22,050
Charitable activities
Grants
1.431.212
1,095,813
Total incoming resources
1.897.202
1,546,665
EXPENDITURE
Raising donations and legacies
Wages
Marketing and fundraising
145.714
11.016
88,116
18.216
156.730
106.332
Charltable aclivities
Wages
Client Activities
Travel
Drop-ln Activities
Recruitment
Subcontractors
No description
595,642
25.944
6,440
19.031
4,885
145.714
419,193
18,576
5,205
18,476
6,524
175.235
187,119)
797,656
556,090
Support costs
Management and admin costs
Vvages
Pensions
Rates and water
Insurance
Lighl and heat
Telephone
Postage and slalionery
SundTièS
Gifts in kind
IT Costs
Consultancy
Equipment hire
Carried foNar¢J
358.495
26,794
67.599
24,202
25.325
8,145
2,259
37.640
82,361
54.709
1,625
3.057
692.211
372,142
21,558
66,859
20,180
25,355
10,830
1,965
23,387
52.523
37,134
{3,376}
5,373
633,730
This page does not form part of the statutory f￿anCIal stalemenls
Page 32

SIFA FIRESIDE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 202S
2025
2024
Management and admin costs
Brought forward
Maintenance contract charges
Property maintenance
Long leasehotd
Fixtures and Iittings
692,211
5,588
11.002
17,980
35,240
633,730
7,8ChS
9,802
17,980
33,604
762,021
702.922
Finance
Bank charges
960
884
Governance costs
Wages
Audtlors, remuneration
30.407
11.383
29.428
11.100
41,790
40.528
Total resources expended
1.759.1 S7
1.406,756
Net income
138.045
139.909
This pa9e does not fom) part of the statutory financial ststements
Page 33