REGISTERED COMPANY NLMBER: 04074646 {Engl*nd aDd Wales) REGISTERED CHARITY NUMBER: J084066 REPORT OF THE TRUStEES AND UNAbDITED FINANCIAL STATEMElYfS FOR THE YEAR ENDED 31ST MARCH 2023 FOR BELIEVETO ACHIEVE BELIEVE TO ACHIEVE COYTEYTS OF THE FtYANCtAL sfATEMEYTS FOR THE I'EAR EN4DED 31ST.￿lARcH 2023 P*ge Report of the Trustees Independent Examiner'$ Rewrt StAtement of Fln*nei*l Adivities Ststement of Firtanei41 Positio Notes to the Fin#Trti*l Ststements 8 to 13 Detsiled StstemeDt of Fitsanti*l Attiviti 14 BELIEVE TO ACHIEVE REPORT OF THE TRLSTEES FOR THE YEAR ENDED 3LST MARCH 2023 The tru51ee5 who are also dirttiots of the charity for the purposes of the Companie5 Act 2006, prescnl their r¢port with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopt¢d the pJDvisions of A￿untIng and Reporting by Charities- Statement of Recommended Prdctice applicable to charities preparing their accounts in a¢¢ordance with the Financial Rwrting Standard applicable in the UK al￿ Republic of tr¢land IFRS 1021 (effective l January 2019). The Charity also trades under the names B2A (wo￿1￿8 namel and Lisa PO￿ child￿￿'S Trust (Fonn¢r name). OBJECTJVES AND ACTIVtfIES Policies and objcctives Our mission is to wot* with communities to enable children and their familÈes to realise their ￿tentIal. The outcome5 we aim to achieve art.. - To raise the self-e5teem of childreo Iby provrding a range of new experieneesl - To raise the aspirations of childffn (by offering oppTrrniniti¢s whith build confjdenre and self-esteem) - To improve school attainmeD.t and anendance (by providing sup]x)rt forchildrwj experiencing barri¢t¥ to learning and i￿¢￿aSing creativity across the curyi¢ulum) - To Incre￿ the amount of positive parent and child interaclions (by providin8 Nurturing Groups, and eneouTaging th¢ increasing inNolNement of parents and carers in B2A activities) - To ¢ncouTage fatnilies to have posiuve feelings th)ui their community (by promoting wider community involvement and building on crucial links with other Community org8nisotions). The following Ope￿I0￿al objectives have been identified: - To deliverour core bustness lafter-school Clu￿ holiday &tivities. creatlV¢ X¢ivitie4 eounselling and mentorin family liEths and parent nurturtng groups) to new audiences in other I￿allonS - To deliver high qu3]ity ¢ounselling. mentoring and ¢reative activities a¢ro&s the Black Country Borough's. in order to overcome childrens. bkrriers to learning and build caparity of mainstream seryice providers in the atta - To ensur¢ Peer Supw)rt is a part of the mainstream pra¢ticc of 5ch(MTrls in the Black Country. - The T￿Ste¢S develop a robust Monitonnglevaju￿10n framework approach; including an exit strategy for the contingency that aim 5 is not achieved - To 5￿Ure 5uITLcient resoLtrc¢s to Sustain the planned aaiviiies. In setting objectives and planning for activities, the Trustees have given due ¢on5ideration to general guidance published by the Charity Commission rel￿]ng to public benefit. Page I BELIEVE TO ACHIEVE REPORTOFTHE TRiisfEES FOR TIIF. I'FAR F.YI DFD 31ST MARCH 2023 AcHIEvEMETr￿ AND PERFORMANCE Review of activilies B2A offers a wide variety of xtivities and services in schoo]s across the Black County B2A is a ¢hildren's charity that aims to enhance the ￿lf-esteeM. personal development. educational experithce attd future aspirations of children aged S to 14 primarily but not exclusively resident in the Black Country Borough's.. The objectKves are achieved through a variery of educational activities (including drami music, WL dan¢< s￿rt and adventurous activities). counselling and mentoring interventions. workshops and parenting sup[￿. Sin¢¢ January 2016 B2A expanded its Services inio the DudleylSaThdwell and Wa]5all.. An extensive range of activitie5 are now rLEn by B2A including the following'.- - Healthy living workshops - Summer holsd#y activity Camps - Lunchtim¢/afterschool actLVltie5 - Arts psychotherapy - Counsellin￿theraPY services - Peer mentorit)g deliv¢ring th¢ Heads-up and Heroes prograTnrne5 - E-safetylGangs wot*shops - Anti-bullying workshops - Mid-Day Supervisor training Parentin8 workshops - Mentorin￿ehaV1o￿ wot* - Fan)ily therapylwork The number of children and family involvement totsls cont¥ts wing B2A serviees in the last 12 month Gentr*l Update A su¢¢essful year has seen B:A develop its service offer In￿ the Borough's SandwelVWals811 via Police Violence Reduction Unit futtding. Counsellin￿MentOrin8 work has gn)wn by 63•/o in the last year across the Black County with 7062 counselling sessions delivered. Cmlverntnent HAF funding has allowed B2A to offer a¢rivity progtamtnes in two local Dudley Primary s¢hty)Is throughout the year with 5760 ¢hildr¢n attending. The charity has continued to suprx)rt I(￿1 families via our Big Loti¢ry funded Family theryy work in the Dudley area with 278 family therapy sessions delivered. Peer supportlresili¢n¢e and behaviour progrdmm¢s have proved very populat a¢rts55 the Black Country. Major parnxrships have becn fo￿ed with sclwls a¢tDSS WolverhamptoDWley. FINANCIAL REVIEW Reserves policy The Charity has dev¢lop¢d a p)licy whereby unrestri¢ted Juerves should b¢ equivalent to three months runnin8 costs. This is to et)able legal oblig3tLon5 to be met should we t￿rience a funding shortage. at the ye8r end the free re5erv¢s aV￿lable io the Charity were £109.489. The Trnste¢s will develop a robust moniwinwevaluation framewot* and aPp￿aCh. including an exit 5trate8y for the coniingertcy that sufficient resources 10 siisiain the pla[￿ed *tiviiies are not forthcoming. FiDanci•I review In¢ome this year ha5 incre&sed to £238,109 from £188.336. Overn]l unrestricted inc4)me has increased during the year by £47,643 with funds from Bi8 LotLery totslling £51180. Expenditsue of £218.753 (2022.. £169,815) has resulted in a surplus of £19.356 (2021: £18.5211. BILIEVE TO ACHIEVE REPORTOF THE TRLSTEES FOR THE I'EAR ENDED 31ST MARCH 2023 FUTLRE PLANS B2A will continue to deliver high quality ￿U￿Sellin& menioring and creative adivities across the ciry of Wolverhampton and in the neirtin8 by charities {applicable to charities preparing their accounts irt a¢wrdance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 10211. I have no Gon¢erns and have com¢ a￿1)SS no othLY matters in co[￿e¢ll0ft with the examination to which attention should be drawn in ihis reFQrt in order to enable a proper widerstanding 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 Dat¢.. Page 5 BELIEVE TO ACHIEVE TATEMENT OF FIWAYCIAL ACTTr"rriES IryCORPORATlTr4C AY INCOME AND EXPENDITURE A OR THE Tr'EAR ENI DED 31ST i¥IARCH 2023 31.3.23 To¢al funds 31.3.22 Totsl nds Unrestricted fund Restricted fund Notes 1Tr4COME AND ENDOWMENTS FROM Donations and legacies 17,499 17,499 1750 Charitable %clivities Provision of service 168.047 51180 220.227 149.919 IDvesiment income (hher income 383 383 TotAI 185,929 52.180 238.109 188,336 EXPENDITLTRE ON Ch¥rit8ble activiti¢5 ProvLSLon of %rvi¢e 178.281 40,472 218.75J 169,815 NET INCOMEI(EXPENDITURE) 7,648 11.708 19.356 18.521 RECONCILIATION OF FVNDS Totsl funds brnught forward 63,538 26.595 90,133 71,612 TOTAL FUNDS CARRIED FORWARD 38.303 109489 The notes forni part of these financial statcments Page 6 BELIEVE TO ACHIEVE REGISTERED Tri MBER: 04074646 srATEMEYTOF FIliAP* 31STMARCH 2 23 IAL POSITION 31.3.22 Total funds Unrestricted fwid Restricted fund Totsl funds Noies FIXED ASSETS Tangible assets 31KI 3(KS 428 CURRENT ASSETS Debtors C&8h at bank and in hand 17.238 55.937 17.238 96.507 21.009 73.175 40.570 113.745 94,287 CREDITORS Amounts fallhng due within one ye4r (4556) {4,556) (4,582) i¥ET CURRETrrr ASSETS 109.189 TrytAL ASSETS LESS CURRENT LIABILITIES 68,919 40,570 109,489 90.133 NET ASSETS 68.919 40.570 109.489 90.133 FUNDS Unrestricted funds Restricted funds 10 71,186 63,538 TOTAL FUNDS 109.489 The charitable company is enfided to excrnption from audit und¢* Section 477 of the Companies A¢1 2006 for the ye8r end¢d 31st March 2023. The member5 hav¢ not requir¢d the Company to obtsin aD audit of its fmancial st*m¢nts for the Y￿ end 31st March 2023 in accordance with secti￿ 476 of the Companies Art 2￿6. The trnst¢¢s acknowledge their resp)n5ibilities for (a) ensuring that the charitable ¢ompany keeps accounting r£￿rdS comply with kntions 386 and 387 of the Companies Aet 2006 and preparing fjnancial 5totetn¢nts which giv¢ a true and fair view of the sttte of affairs of the ¢haritable company as at the end of each fLnan¢ial year and of its surplu5 or deficit for ¢•ch financial year ID accordance with the requirements of Sections 394 and 395 and whi¢h otherwise cO￿pIY with the requirements of lh¢ Companies Act 2(K)6 ￿lating to financial statemenw so far applicable to the charitable wmpany. (b) These financial statements have been prepared in ￿rdalKe with the provisions applicable to charitabl¢ eompanies subject to the sma]1 companies re8ime. The fi ¢ial statement5 w¢re approved by the Board of Trustees 8nd auth0ri5ed for issue on .￿1￿..2£)13....... and w¢r¢ signed on its behalf by: rockett- TTUSte¢ The note5 forni port of these finaneial sts*m¢nts Page 7 BELIEVE TO ACHIEVE NOTES TO THE FINANCIAL ST.4TEMENTS OR THE YEAR ENDED 31ST MARCH 2013 ACCOUNTING POLICIES B*$is of prewring the fin&Dcial $t*tements The financial stat¢ments of the charitsble tompany. whieh is a public benefit entity under FRS 102, have been prepared in accordance with the Charitics SORP IFRS 1021 'Accountirtg and RetK>rtirtg by Charities.. Sthiement of Re¢ommendtd Prac'.ice applicable to chofities preparing their accounts in accordan¢e wilh the Financial Reporting Standard &p?licable in the UK aod Republic of Ireland IFRS 1021 (effertive l January ?0191', Financia] Reporting Siandard 102 The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland. and the Compaoie$ Act 2006. The fman¢ial statements have been prepattd under the hisiori¢al cost ¢onventii)n. The charitable company has taken adyantsge of the following disclosure exemptions in preparing these financial stsi¢ment& as p¢rniitted by FRS 102 The Financial Reporting StandaThl applicable in the UK and Republic of the requirements of Sexlion 7 Siatement of Cash Flow5. Incorne All ineome is reco8nis¢d in the S￿ement of Financial Activities once the Chartty h&s entitlement to the fund5. it is probable that the income will be r¢¢eiv¢d a￿1 the amoutli can be measured reliably. Expenditure Liabilities are recogniged expcndTtur¢ as soon as there is a leg81 or Constructive obligation eommitting the charity to that expendiiure, it is probabl¢ that a transf¢r of eeonomic beoefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an XCTua]s basis and has been classified under headings that aggregatr all cost related to the category. Where eosts cannot be dir¢ctly allributed to particular hthjings they have been alk￿ to activities on a b&sis consist¢nt with the use of resouree5. T&ngible fixed #ss¢ts Depreciation is provtded ￿ the following atmual ratrs in order to wr¢ie off each &sset over its estimattd useful life. Computer equipment 25Yo on co Taxitio The ¢harity is exempt from corwjration tsx on its ¢h8ritsble #Ctivtlies. Fund ar¢o￿￿tIllg Unrestricted fuThds cw) be used in ￿>[dance with the charitable objc¢tives at the discretion of the trustees. R¢stricted fund5 Can onl). be used for parti¢ular restricted PUTposes within the object5 of the ¢hariry. Restrictions arise when 5pecLfied by the th)JN)r or when fi]nds aEe rais¢d for particular re5tri¢ted puÈyoses. Further explanation of the Dabjre and purpose of exh fuDd 15 I￿luded in the notrs to the financia] swem¢nts. Page 8 continued... BELIEVE TO ACHIEVE liOTESTO THE FI￿.￿NcIAL ST.4TENIE%TS- tontiDU FOR THE YEAR ETr4DED 31ST NI IARCH 2023 INVESTIMENT INCOME 31.3.23 31.3.22 Investment income 383 NET INCOMEI{EXPENDITURE) Net incomellexpenditure) is stated after ch￿￿1ng1{cred1Iing). 31.3.23 31.3.22 Depreciation- owo¢d a55ets 128 176 TRUSTEES, REMUTr4ERATION AND BENEFITS Theff were no tnjstees, remuneration or other benefits for the year ended 315t March 2023 nor for the year endcd 3 1st March 2022. Trustees, ¢ipenses There were no truAees' expeDses paid for the year ended 31stMar¢h2023 nor for th¢ year ended 3 1st March 2022. STAFF COSTS The average rnonthly number of eTnploy¢es during the y¢arws as follows: 31.3.23 31.3.22 There ar¢ no employets who received total employee beneftts of mojr than £60.OfJ). COMPARATIVES FOR THE STATEMEf4T OF FINANCIAL AcrivrtIES Unr¢strieied fimd Restricted fund Total fijnds INCOME AND ENIx)WME￿ts FROM Donations and legaci¢5 1750 2,750 Ch*ritabk attivities Provision of 5eTvi¢e 99.869 50.050 149,919 Investment income Other income Total 138,286 50.050 188,336 EXPEIYDITURE ON Charitable Activities Provision of sep¥i¢e 144.093 25,722 169,815 continued... BELIEVE TO ACHIEVE P40TES TO THE FINAP4CI.4L ￿ATEmE￿fs- coTrtittlled FOR THF. YEAR EN.DED 31ST MARCH 2023 COMPARATIVES FOR THE STATEMENT OF FINAf4CIAL AcfiviTIES- continued Unrestricted Restricted fund fund Totsl funds NET IP4COME 15,087) 24.328 18,521 RECONCILIATION OF FUPIDS Totsl funds br•ught forward 69.345 2267 71.612 TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS Computer equipment cosr At 1st April 2022 Additions 48.740 Ai 31st March 2023 DEPRECIATION At 1st April 2022 Charge for year 48,312 128 At 3 1st March 2023 48.440 NET BOOKVALUE At 3 1st March 2023 300 Ai 31st March 2022 428 DEBTORS: AMOUNfS FALLING DUE WITHIN ONE YEAR 31.3.23 31.3.22 TTad¢ de￿01 Prepaym¢nts 16.382 856 20J23 686 21.009 Page 10 continued... BELIEVE TO ACHIEVE NOTES TO THE Fir1.4￿,ClAL ST.4TEMENTS- contittutd FO THE I. AR E%4DED 31ST NIARCH 2023 CREDITORS: AMOUTITS FALLING DUE WITHIN OIIE YEAR 31.323 31.3.22 Social se¢urity and othet tsxes A¢crued ex￿￿$¢$ 2.924 1.632 2,950 4.556 i(J. MOVEMENT IN FUNDS Net movement in fuDds At 31.323 At 1.4.22 U￿re$1￿cled fuDds General fund 63,538 7.648 71,186 Restritted funds Re5tri¢ied Fund 26595 11.708 38,303 TOTAL FUNDS 109.489 Net movffli¢nt in W included in the above are Ls follo￿. Incoming Resources expend Mov¢ment ill funds UDre5tTi¢ied fund5 General fiLtwJ 185.929 (178.2811 7.648 Restrided fund$ Restri¢ted Fund 52.180 (40.472) 11,708 T(KfAL WUNDS 218.753 Comp8r%tives for rnoyemepi ID fvDds Net movement sn furtds At 31.3.22 At 1.421 Unrestricted funds G¢n¢ral fu￿1 69J45 (5.807) 63,538 Restricted funds Restricted Fund 2267 24,328 26,595 TOTAL FUNDS 90.133 Pa8e 11 continued... BELIEVE TO ACHIEV NOTES TO THE FILYANCIAL sfA TEMENTS- eontiDuwJ FOR THE YEAR F.NDED 31ST M.4R H 2023 io. MOVEMENT IN FUNDS- contin￿ed Comparative net movement in fiJnd& included in the atA)ve are as follows.. In¢offting resources Resources expended Movement funds UDrestrieted fllD(Ls General fund 138.286 (144.093) (5.807) Restrided funds Restritted Fund 50,050 (25,722) 24,328 TOTAL FUNDS 188,336 169 815) A ¢urreni year 12 morrths and prior year 12 months combitKd position 1$ as follow$.' Net movement in ￿ndS At 31.3.23 At 1.4.21 Unrestrict￿1 funds General fund 69J45 1,841 71,186 Restrleted tsnds Restri¢¢ed Fund 2267 36.036 38.303 TOTAL FUNDS 71.612 37.877 109 489 A current year 12 months and prioryear 12 months wmbl[￿d net Movement in fi]nds, Includ￿ in the above ar¢ &$ follows.. Ith¢omin8 Resourees Movement in funds Unrestricted fuDds General fund 324,215 (322.374) 1.841 RÈstricted funds Re5trict¢d Fund 102.230 (fj6.194) 36,036 TOTAL FUYDS 388.568 Page 12 continued... BELIEVE TO ACHIEVE T+lOTES TO THE FINANCIAL STATEMF.NTS- Colltinued FOR THE YEAR EYDED 31ST MJ¥RCH 2023 ii. RELATED PARTY DIS('LOSLRES There were no related party ttansaaion5 for the year ended 31# March 2023. ULTIMATE CONTROLLING PARTY 12. During the year the organisatton w&5 under the ¢ontrol of the Tn￿Ces. RESTiucfED FUNDS 13. l April 2022 Incomtng Re50urc¢s Outgoing R¢50urees Trnnsfers 31 March 2023 Restrt¢￿d 40.472 26.595 40.472 Income received from restrivfrd fijnds is used for the of the organisations tharitsble objects. Page 13 BELIEVE TO ACHIEVE DET AILED STATETrIENI T OF FIS,INCI.4L AcrivrriES FOR THE I'EAR EliDE 31ST MARCH 2023 31.3.23 31.3.22 INCOME AND ENDOWMENTS DonAtiotts %nd legacies th?t￿tionS 17,499 2.750 Investment in¢omt Investmen¢ income 383 Charit#ble aetiwities Provision of se]vic¢ Grants 99,869 168.047 52.180 238.109 149,919 Otber income Job retention scheme grant 188.336 Tot￿1 incoming resOu￿e8 238,109 EXPENDITURE Ch*ritAbl¢ Setivities Wag¢s and salaries National insuran¢e Renial ¢osts Activity costs Consultanty and $upervi5ion Depreciation 189,552 12,193 1,700 500 3.310 128 148,287 6213 3,187 397 2.180 176 207.383 I60.440 Support costs M#nagement Office ¢osts Adv¢rtising Training costs 6.107 1,700 2,004 4.130 163 7,807 6,297 Gov¢rnance e05ts Accountancy fee5 Payroll costs 1653 910 2.653 425 3.563 Total Tesources expend 218753 169 815 Net Intome 19.356 This page ths not fomi part of the 5tamtory financial statements Page 14