**REGISTERED COMPANY NUMBER: 04074646 (England and Wales) REGISTERED CHARITY NUMBER: 1084066** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31ST MARCH 2021** **FOR** ## **BELIEVE TO ACHIEVE** **BELIEVE TO ACHIEVE** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Statement of Financial Position**|7|to|8| |**Notes to the Financial Statements**|9|to|14| |**Detailed Statement of Financial Activities**||15|| **BELIEVE TO ACHIEVE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of 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 also trades under the names B2A (Working name) and Lisa Potts Children's Trust (Former name). ## **OBJECTIVES AND ACTIVITIES** ## **Policies and objectives** Our mission is to work with communities to enable children and their families to realise their potential. The outcomes we aim to achieve are: - To raise the self-esteem of children (by providing a range of new experiences) - To raise the aspirations of children (by offering opportunities which build confidence and self-esteem) - To improve school attainment and attendance (by providing support for children experiencing barriers to learning and increasing creativity across the curriculum) - To increase the amount of positive parent and child interactions (by providing 'Parent Nurturing Groups' and encouraging the increasing involvement of parents and carers in B2A activities) - To encourage families to have positive feelings about their community (by promoting wider community involvement and building on crucial links with other community organisations). The following operational objectives have been identified: - To deliver our core business (after-school clubs, holiday activities, creative activities, counselling and mentoring, family links and parent nurturing groups) to new audiences in other locations - To deliver high quality counselling, mentoring and creative activities across Wolverhampton and Dudley, in order to overcome childrens' barriers to learning and build capacity of mainstream service providers in the area - To ensure Peer Support is a part of the mainstream practice of schools in the ABCD and Whitmore Reans area and other parts of Wolverhampton - The Trustees develop a robust monitoring/evaluation framework approach; including an exit strategy for the contingency that aim 5 is not achieved - To secure sufficient resources to sustain the planned activities. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. Page 1 **BELIEVE TO ACHIEVE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021** ## **ACHIEVEMENT AND PERFORMANCE** ## **Review of activities** B2A offers a wide variety of activities and services in schools across Wolverhampton and Dudley. B2A is a children's charity that aims to enhance the self-esteem, personal development, educational experience and future aspirations of children aged 5 to 14 primarily but not exclusively resident in the Borough of Wolverhampton. The objectives are achieved through a variety of educational activities (including drama, music, art, dance, sport and adventurous activities), counselling and mentoring interventions, workshops and parenting support. Since January 2016 B2A has expanded its services into the Dudley area. An extensive range of activities are now run by B2A including the following:- - Healthy living workshops - Summer holiday activity camps - Lunchtime/afterschool activities - Arts psychotherapy - Counselling/therapy services - Peer mentoring delivering the Heads-up and Heroes programmes - E-safety/Gangs workshops - Anti-bullying workshops - Mid-Day Supervisor training - Parenting workshops The number of children and family involvement totals 101,099 children/family members using B2A services in the last 12 months. ## **General Update** B2A offers weekly therapy services to children in Wolverhampton via the Emotional Health/Wellbeing contract. The issues that the counsellors have dealt with have again been very complex with 85% of the children seen having a minimum of 3 presenting issues. B2A have seen a 64% increase in children with low level anxiety and 79% increase in children displaying aggressive behaviour/anger management issues. Domestic violence remains an issue within many families which leads to 58% of children having depression and higher level anxiety. A further 63% are dealing with loss either due to bereavement or relationship breakdown. Referrals continue to be picked up of children who are pre-CAMHS threshold or who have been referred to Rapport after a lengthy wait on the CAMHS waiting list. The services provided by B2A in the last 12 months were significantly reduced due to school closures as a result of the global pandemic (COVID 19). ## **FINANCIAL REVIEW** ## **Reserves policy** The Charity has developed a policy whereby unrestricted reserves should be equivalent to three months running costs. This is to enable legal obligations to be met should we experience a funding shortage, at the year end the free reserves available to the Charity were £71,612. The Trustees will develop a robust monitoring/evaluation framework and approach; including an exit strategy for the contingency that sufficient resources to sustain the planned activities are not forthcoming. ## **Financial review** Income this year has increased to £156,888 from £124,277. Overall unrestricted income has decreased during the year by £45,491, however £54,550 has been recieved from the Coronavirus Job Retention Scheme Grants and Big Lottery funds of £21,500 resulting in the increase in income for the year. Expenditure of £148,281 (2020: £161,418) has resulted in a surplus of £8,607 (2020: £37,141 deficit). Page 2 **BELIEVE TO ACHIEVE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021** ## **FUTURE PLANS** B2A will continue to deliver high quality counselling, mentoring and creative activities across the city of Wolverhampton and in the neighbouring borough of Dudley. Holiday activities and after-school clubs can be delivered in any area if funded by schools or by grants obtained from specific charitable trusts which could lead to more targeted work. B2A is also continuing to develop and deliver the Heads-up and Heros Peer Support Programmes within primary schools in Wolverhampton and Dudley. B2A has continued to deliver a wide range of online e-safety courses to children, parents and teachers. B2A is looking to develop its services into other neighbouring Black Country borough's with a main focus upon Walsall. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Constitution** The Charity is registered as a charitable company limited by guarantee and is governed by its Memorandum and Articles of Association. The objects of the Charity as set out in the memorandum of association are to advance the education of children, for the public benefit, primarily amongst those aged between 7 and 11 resident in the West Midlands with a particular reference to the Borough of Wolverhampton through play, drama, music, art, dance, sport and outdoor pursuits so that their personal development may be enhanced. ## **Method of appointment or election of Trustees** The Articles of Association state that until otherwise determined by members in general meeting the number of Board members shall not be less than 6 nor more than 12. At any one time the Board members shall comprise: - as an ex-officio member, the Mayor for the time being of Wolverhampton - those directors elected by the member of the company - those directors co-opted to the board. All directors, other than the ex-officio member, must be members of the charity. Any directors co-opted to the board may only hold office until the next annual general meeting but are eligible for re-election. The board may appoint relevant persons to attend and participate in any meeting without power to vote. Junior members (persons between the ages of 12 and 17 inclusive who are interested in the furtherance of the objects of the charity) may elect two Junior members to attend meetings of the Board when invited to do so by the Board. Junior members do not have a power to vote and not counted for the purposes of a quorum. New Board members are inducted through an informal meeting with representatives of the Board and charity management. ## **Organisational structure and decision making** The Charity is governed by the Board of Trustees and meeting regularly throughout the year. The day to day running of the Charity and management of the staff is delegated to the Project Manager who reports directly to the Board and attends Board meetings. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 04074646 (England and Wales) ## **Registered Charity number** 1084066 Page 3 **BELIEVE TO ACHIEVE** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31ST MARCH 2021** **Registered office** The Workspace All Saints Road Wolverhampton West Midlands WV2 1EL **Trustees** Mr J Crockett A S Gough M A Moorhouse R H Marris L V Webb Dr I Gillis S Harris **Company Secretary** Mr N Pratt **Independent Examiner** Guy & Co Chartered Certified Accountants 12 Johnson Street Woodcross Coseley West Midlands WV14 9RL Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ Mr J Crockett - Trustee Page 4 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BELIEVE TO ACHIEVE** ## **Independent examiner's report to the trustees of Believe to Achieve ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2021. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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 accounts to be reached. Mr David Guy F.C.C.A Guy & Co Chartered Certified Accountants 12 Johnson Street Woodcross Coseley West Midlands WV14 9RL Date: ............................................. Page 5 **BELIEVE TO ACHIEVE** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2021** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3,175
**Charitable activities**
Provision of service
77,641
Investment income
2
22
Other income
54,550
**Total**
135,388
**EXPENDITURE ON**
**Charitable activities**
Provision of service
129,048
**NET INCOME/(EXPENDITURE)**
6,340
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
63,005
**TOTAL FUNDS CARRIED FORWARD**
69,345|Restricted
fund
£
-
21,500
-
-
21,500
19,233
2,267
-
2,267|31.3.21
Total
funds
£
3,175
99,141
22
54,550
156,888
148,281
8,607
63,005
71,612|31.3.20
Total
funds
£
1,045
123,132
100
-
124,277
161,418
(37,141)
100,146
63,005| |---|---|---|---| The notes form part of these financial statements Page 6 **BELIEVE TO ACHIEVE (REGISTERED NUMBER: 04074646)** ## **STATEMENT OF FINANCIAL POSITION 31ST MARCH 2021** ||||||31.3.21|31.3.20| |---|---|---|---|---|---|---| |||Unrestricted|Restricted||Total|Total| |||fund|fund||funds|funds| ||Notes|£|£||£|£| |**FIXED ASSETS**||||||| |Tangible assets|7|91||-|91|247| |**CURRENT ASSETS**||||||| |Debtors|8|3,623||-|3,623|15,408| |Cash at bank and in hand||69,455|2,267||71,722|51,378| |||73,078|2,267||75,345|66,786| |**CREDITORS**||||||| |Amounts falling due within one year|9|(3,824)||-|(3,824)|(4,028)| |**NET CURRENT ASSETS**||69,254|2,267||71,521|62,758| |**TOTAL ASSETS LESS CURRENT**||||||| |**LIABILITIES**||69,345|2,267||71,612|63,005| |**NET ASSETS**||69,345|2,267||71,612|63,005| |**FUNDS**|10|||||| |Unrestricted funds|||||69,345|63,005| |Restricted funds|||||2,267|-| |**TOTAL FUNDS**|||||71,612|63,005| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021. The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006. ## The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 7 **BELIEVE TO ACHIEVE (REGISTERED NUMBER: 04074646)** ## **STATEMENT OF FINANCIAL POSITION - continued 31ST MARCH 2021** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Mr J Crockett - Trustee The notes form part of these financial statements Page 8 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is 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 to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 25% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only 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 nature and purpose of each fund is included in the notes to the financial statements. continued... Page 9 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021** ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||31.3.21|31.3.20| ||£|£| |Investment income|22|100| |**NET INCOME/(EXPENDITURE)**||| |Net income/(expenditure) is stated after charging/(crediting):||| ||31.3.21|31.3.20| ||£|£| |Depreciation - owned assets|156|174| ## **3. NET INCOME/(EXPENDITURE)** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **6.** |There are no employees who received total employee benefits of more than £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
1,045
**Charitable activities**
Provision of service
123,132
Investment income
100
**Total**
124,277
**EXPENDITURE ON**
**Charitable activities**
Provision of service
161,418|31.3.21

6
Restricted
fund
£
-
-
-
-
-|31.3.20
5
Total
funds
£
1,045
123,132
100
124,277
161,418| |---|---|---| continued... Page 10 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021** |**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||fund|fund|funds| |||£|£|£| ||**NET INCOME/(EXPENDITURE)**|(37,141)|-|(37,141)| ||**RECONCILIATION OF FUNDS**|||| ||**Total funds brought forward**|100,146|-|100,146| ||**TOTAL FUNDS CARRIED FORWARD**|63,005|-|63,005| |**7.**|**TANGIBLE FIXED ASSETS**|||| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1st April 2020 and 31st March 2021|||48,227| ||**DEPRECIATION**|||| ||At 1st April 2020|||47,980| ||Charge for year|||156| ||At 31st March 2021|||48,136| ||**NET BOOK VALUE**|||| ||At 31st March 2021|||91| ||At 31st March 2020|||247| |**8.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31.3.21|31.3.20| ||||£|£| ||Trade debtors||2,920|14,705| ||Prepayments||703|703| ||||3,623|15,408| continued... Page 11 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021** |**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Accrued expenses
**10.**
**MOVEMENT IN FUNDS**
At 1.4.20
£
**Unrestricted funds**
General fund
63,005
**Restricted funds**
Restricted Fund
-
**TOTAL FUNDS**
63,005
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
135,388
**Restricted funds**
Restricted Fund
21,500
**TOTAL FUNDS**
156,888
**Comparatives for movement in funds**
At 1.4.19
£
**Unrestricted funds**
General fund
100,146
**TOTAL FUNDS**
100,146|31.3.21
31.3.20
£
£
2,192
2,397
1,632
1,631
3,824
4,028
Net
movement
At
in funds
31.3.21
£
£
6,340
69,345
2,267
2,267
8,607
71,612
Resources
Movement
expended
in funds
£
£
(129,048)
6,340
(19,233)
2,267
(148,281)
8,607
Net
movement
At
in funds
31.3.20
£
£
(37,141)
63,005
(37,141)
63,005| |---|---| continued... Page 12 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021** ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |Incoming
resources
£
**Unrestricted funds**
General fund
124,277
**TOTAL FUNDS**
124,277
A current year 12 months and prior year 12 months combined position is as follows:
At 1.4.19
£
**Unrestricted funds**
General fund
100,146
**Restricted funds**
Restricted Fund
-
**TOTAL FUNDS**
100,146|Resources
Movement
expended
in funds
£
£
(161,418)
(37,141)
(161,418)
(37,141)
Net
movement
At
in funds
31.3.21
£
£
(30,801)
69,345
2,267
2,267
(28,534)
71,612| |---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|Incoming
resources
£
259,665
21,500
281,165|Resources
Movement
expended
in funds
£
£
(290,466)
(30,801)
(19,233)
2,267
(309,699)
(28,534)| |---|---|---| continued... Page 13 **BELIEVE TO ACHIEVE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021** ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st March 2021. ## **12. ULTIMATE CONTROLLING PARTY** During the year the organisation was under the control of the Trustees. ## **13. RESTRICTED FUNDS** ||1 April
2020|Incoming
Resources|Outgoing
Resources|Transfers|31 March
2021| |---|---|---|---|---|---| ||£|£|£|£|£| |Restricted|-|21,500|19,233|-|2,267| ||||||| ||-|21,500|19,233|-|2,267| ||||||| Income received from restricted funds is used for the purpose of the organisations charitable objects. Page 14 **BELIEVE TO ACHIEVE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31ST MARCH 2021**||| |---|---|---| ||31.3.21|31.3.20| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|3,175|1,045| |**Investment income**||| |Investment income|22|100| |**Charitable activities**||| |Provision of service|75,803|123,132| |Grants|23,338|-| ||99,141|123,132| |**Other income**||| |Job retention scheme grant|54,550|-| |**Total incoming resources**|156,888|124,277| |**EXPENDITURE**||| |**Charitable activities**||| |Wages and salaries|134,042|139,460| |National insurance|5,065|5,829| |Rental costs|3,251|3,915| |Activity costs|625|5,000| |Consultancy and supervision|420|1,120| |Depreciation|156|173| ||143,559|155,497| |**Support costs**||| |**Management**||| |Office costs|1,559|2,700| |Advertising|-|71| ||1,559|2,771| |**Governance costs**||| |Accountancy fees|2,653|2,640| |Payroll costs|510|510| ||3,163|3,150| |Total resources expended|148,281|161,418| |**Net income/(expenditure)**|8,607|(37,141)| This page does not form part of the statutory financial statements Page 15