BROoWE Yoimi HOMELESSNESS BAL4NCE SHEET AS AT 31ST MARCH 2024 2023 2024 NOTE Current Assets 4,702 Debtor5 175,262 Cash at Bankand in Hand 179.964 4.686 183.624 188,310 Liabilities Creditors: 150,2251 Amounts falllng due wlthln one year 150.209) 129,739 Net Current assets 138,101 129,739 Net Assets 138,101 The funds of the charlty 48,530 Unrestricted income funds 81,209 Restricted Income funds 129,739 Total Funds 61,741 76.360 138,101 Approved and a8reed.for publication by the Management Commlttee CHAIR DATE Pagelof6
BROXTOWE YOUTH HOMELESSNESS STATEMENT OF FINANCIAL AcfiviTIES FOR THÉ YEAR ENDED 31ST MARCH 2024 2023 Total Funds 2024 Total Funds Unrestrlcted Restricted Funds Funds Incomln8 Resources Note 171,516 355 Grants and donation5 GiftAid Bank Interest Total Incomlng resources 10,746 404 8,608 19.758 168,759 179,505 404 8608 168,759 188.517 2,328 174,199 Resources expended Salaries, Nl & Penslon Payroll Services Travel Staff Training Professlonal and Legal Costs Awareness Ralslng Vouchers and Gifts for Peer Educators Peer Educatlon Accreditation Rent Room and Equlpment Hire Training Besources Utllitie5 Insurance Telephone & Intemet Computer Software & Support Printing. Stationery & Postage Publicatlon5 & Subscription5 Cleaning and Building Malntenance Parcel Goods Hospitality Sundry Expenses Independent Examination Total Resources Expended 130,128 961 3,050 966 1,133 596 593 1,622 12,000 239 29 2,158 2,212 1,558 6,117 3,233 527 177 1,821 548 2,318 504 172,490 2.289 136,248 138,537 936 936 2,933 2,933 ioi ioi 79 638 1,883 12.000 79 638 1,883 12,000 122 2,153 2.340 1,721 8,608 1,016 122 2,153 2,340 1,721 8,608 1,016 1,318 55 2,039 825 2,191 660 173,618 180,155 1.318 55 2,039 825 2,191 660 6,537 1,709 128.030 129,739 Net IncomSngl(outgoin8) resources Total funds brou8ht forward Total Funds Carrled Fonvard 13,221 48,530 61,751 4,859 8,362 81,209 129,739 76,350 138,101 Page2of6
8RoxfowE YOUTH HOMELESSNESS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 I ACCOUNTING POLiaES Ba515 of the preparatlon of accounts The accounts have been prepared in accordance with the charitV5 constitution, the Charities Act 2011 and "Accounting and Reporting by Charitles:Statement of Recommended Proctice applicable to charities preparinB their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland {FRS1021" las amended for accounting periods from 1st January 20161 This is a Publlc Benefit Entity a5 defined by FRSIO2. Incomln Resotjrce All material Incomlng resources have been Included on a receivable basis - le they are Included if the date receivable falls within the period covered by these accounts. Resources end These have been analysed usln8 a natural classification YIE 31 March 2023 2 GRArirs AND DONATIONS Unrestricted Funds Restrirted Total Funds Funds 2024 Ashfleld Dlstrlct Council Big Lottery Fund Broxtowe 8orou8h Councll Nottlnghamshire County Council PayPal Enthuse Rotary Rushcliffe Borough Councll Lloyds Bank Sage Trust Derbyshire Communlty Other Donatlons 1,350 115,000 35,200 77 161 2,229 2,000 6,000 117,000 13,240 35,069 117.000 13,240 35,069 58 1,891 9CK) 2,000 1,095 1,000 1,450 6,206 179,909 58 I91 900 2,000 1,095 1,000 1.450 6,206 11,150 9.499 171,516 168,759 Pa8e3of6
BROoWE YOUTH HOMELESSNESS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 3 Debtors 31st March 2024 2023 Insurance Prepaid Offlce Expenses Rent Subscriptions 1,478 96 3,000 112 4,686 1,399 204 3,000 99 4,702 4 CredStors 31st March 2024 2023 Independent Examination Donations and Grants Payroll Service Travel Peer Accreditation Subscription5 Salarles and Wages 500 47,076 239 84 500 48,469 227 272 132 300 325 50,225 2,310 50,209 PaBe4of6
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 5 Movement In Resources Balance at 31.3.2023 Incoming Balance at 31.3.2024 Outgoing Unrestricted Funds 48,530 19.758 6,537 61,751 Restrlcted Fund5 81,209 168,759 173.618 76,350 Total Funds 129,739 188,517 180,155 138.101 6 Analysls ot Net Assets by Fund Restrlrted Funds Total Funds Unrestrlcted Funds Net Current Assets 61,751 76.350 138,101 7 Staff Costs and Numbers Year ended 31st March 2024 2023 Salaries Social Securlty Costs Pension 122,263 10,710 5,564 138,537 115,657 9,S44 4.927 130,128 No employee received emoluments of more than £60,000 The average weekly equivalent number of full times employees durlng the year was 4.512023:4.5) 8 Trustees remuneratlon, benefits and expenses No expenses, remuneratlon or benefits were paid toTrustees durlng this period {2023:£nil) 9 Independent examlnatlon and accountancy servlces During the period the cost of the independent examination was £660. {2023:£5041 10 ReseNes Pollcy The charity aims to build up and retain an am¢)unt representing between 6 and 9 months of its runnin8 Costs to ensure contlnulty and the abilityto meet commttments during perlods of uncertainty in funding. Page5of6
BRoxfowE YOLITH HOMELESSNESS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31sr MARCH 2024 11 ObSectlves of the Charity The objects of the Broxtowe Youth Homele55nes5 Charity shall be to work to prevent homelessness amongst young people aged 16 to 25 years who are Ident or have residential or employment connections in the Borough of Broxtowe and the surrounding area5. The charity will also work to increase resources and access to accommodation and to mitigate the worst outcomes for youn8 people who do become homeless by increasing and developing Services to support young homeless people. The charity is non political and Is an equal opportunities or8anisati¢)n with regards to membership and employment. Page6of6
BROXTOWE YOUTH HOMELESSNESS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROXTOWE YOUTH HOMELESSNESS I report lo Ihe charfty trustees on rny èxamination of the accounts of the charity for the year ended 31 March 2024, which are sel out on pages 1 to 6. Re8ponslbllltles and bas1$ of report As the ¢h8rity's Iwslees you ar8 responsible for tho PreparatiC of the accwnts in accordance with the requirernents of the Charities Act 20111.the Act.). I report in respecl of my examlnalion of the charity's accounts canted out undèr section 145 of the Acl and In carying out my examination I have followed am lh8 applicable Direcli(ms given by the Charity Commission under section 145(51(b> ol the Act. Independent ei¢amlner'$ stalement I have completed my examination. I confirm that no malerial matters have come lo my atlention In connecllon wtlh the examinallon giving me cause to bèlieve that in any material res1.. accounllng records Nyere not kept in respect of the Charity as requlfed ty section 130 of the Act: or the accounts do not accord wllh those records I have no concems and have come across no other matters in connection with the examinallon lo whlch attention should be dr8wn in this report in order to enable a proper underslaThllng of the accounts to be reached. Nicola Bridgeman FCA Azels 2 Regan Way chend Business Park Chllwell NG9 6RZ Dated.. 301h November 2024
Broxtowe Youth Homelessness - Trustees Report and Account5 for 2023-24 Registered Charity Number 1061494 Trustees Annual Report R_e_fe_re_n_c_e_and Administrati_v_e_Details 44 iy Broxtowe Youth Homelessness- charity number 1061494 ( BYH ,> Principal Addresses: Broxtowe Youth Homelessness 1 Church Walk Stapleford Nottingham NG9 8DE Trustees and Management Committee: R MacRae - Chair Gaynor Bryan - Treasurer Vacancy - Secretary B Flint- Trustee P Dytham-Double - Trustee A Sidhu - Trustee K. McArthur- Trustee Nicola Wood - Trustee Affiliated members of Management Committee: S_truct.ULe,.G.o_v_ernan.c.e an_d managem.ent BYH is operated under the rules of its constitutionltrust deed adopted 10 March 1997 and most recently amended 18th October 2022. Recruitment to the committee as a Trustee is by advertisement andlor invitation and is open to people of 18 years and over who are interested in furthering the work of the charity. The Committee has the power to approve membership. Officers are appointed annually at the Annual General Meeting. Affiliated membership of the Group is open to Housing Associations, Housing Authorities, or other bodies co-operating with the Group in the furtherance of its objects. Each such affiliated member is entitled to no more than two voting members at the committee, and no more than one voting member at other sub-committees. Aims_and_O_b.j_e_ctives BYH aims to prevent homelessness amongst young people 16-25 years across Nottinghamshire and Derbyshire. The charity will also work to mitigate the worst outcomes for young people who do become homeless, by increasing and developing services to support young homeless people. The trustees must use the income, and may use the capital, of the charity in promoting these objects.
P_ub.lioB_en.efit In making decisions about the activities of the diarity, the Trustees have had due regard to the Charity Commission s public benefit guidance when exercising any powers or duties to which the guidance is relevant. R_eview of the_y_ear 20_23124 In the year 2023, BYH undertook a range of activities to meet their objectives, including: Delivering housing advice and advocacy services to young people facing housing crisis. Running educational homeless prevention workshops in schools to raise awareness about homelessness and its causes. Providing emergency essentials such as food, toiletries, and home gtarter kits to young people in crisis. Supporting young people with employability and lrfe skills training to help them secure long- term independence and achieve better outcomes. Collaborating with local housing providers, social services, and other charities to offer a holistic support network. These activities are rooted in our commitment to upholding the values of respect, inclusivity, and empowerment. Over the past year, BYH has continued to make a significant impact in the local communlty. Key achievements include: Support Delivered: We supported 311 new young people, providing tailored advice, advocacyi and practical support to help them overcome housing difficulties and stabilise their lives. Over 1400 continued to access our services from previous years. Preventative Education: Our team delivered 41 workshops across 10 local schools, reaching approximately 11450 Students. Feedback indicated a 95% increase in participants, understanding of homelessness issues and prevention strategies. Crlsls Intervention: We distributed over 180 emergency parcels to 100 clients, ensuring that young people in urgent need received essential items. These accomplishments were made possible thanks to the dedication of our staff, volunteers, and supporters, as well as the generosity of our donors and grant providers. Finance Due to robust financial planning BYH was able to generate a small surplus during the financial year which helped to build up reserves and this will assist with sustainability over the coming year.s as we look to build on our current work with young people. The economic challenges during thEcoming years, especially the increase in Employer National Insurance Contributions, will affect most charities but we continue to plan accordingly to mitigate these. As always we are grateful to our funders and donors for their generosity which has enabled our work to continue and grow.
Plans fo_r_th_e_f_u_t_ure In 2024 our aim is to continue to build on the established and successful services that we offer. In addition to these we hope to extend our reach by working with Nottingham City Council to provide our homeless prevention workshops to schools across the city and support thern in setting up a mediation programme for Nottingham City residents. Expand more geographically and further our work in Derbyshire and Erewash Build on partnership working, we currently have an amazing network and want to maintain this and take opportunities to add more professional in the future. Enhance our social media and employ someone in this role. Offer additional mentoring opportunities for current volunteers. We aim to involve our volunteers more, specifically in supporting new dients to navigate their own homeless journey. Focus on staff wellbeing and continue undertaking clinical supervision,. More focus on mental health, including the appointment of a designated MH worker from within the team. Approved and agreed for publication anagement Committee- Chair