2024-03-31-accounts - Believe To Achieve

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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 2024

FOR

BELIEVE TO ACHIEVE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

	Page
Report of the Trustees	1 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Statement of Financial Position	7
Notes to the Financial Statements	8 to 13
Detailed Statement of Financial Activities	14

BELIEVE TO ACHIEVE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

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 2024. 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 the Black Country Borough’s, 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 Black Country.
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.

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BELIEVE TO ACHIEVE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST MARCH 2024

ACHIEVEMENT AND PERFORMANCE

Review of activities

B2A offers a wide variety of activities and services in schools across the Black Country 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 Black Country Borough’s.. 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/Sandwell and Walsall.

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
Mentoring/Behaviour work
Family therapy/work

General Update

A successful year has seen B2A develop its service offer into the Borough’s Sandwell/Walsall via Police Violence Reduction Unit funding. Counselling/mentoring work has grown by 71% in the last year across the Black Country with 8,128 counselling sessions delivered. Government HAF funding has allowed B2A to offer activity programmes in two local Dudley Primary schools throughout the year with 5,760 children attending. The charity has continued to support local families via our Big Lottery funded Family therapy work in the Dudley area with 215 family therapy sessions delivered. Peer support/resilience and behaviour programmes have proved very popular across the Black Country. Major partnerships have been formed with schools across Wolverhampton/Dudley. B2A have supported 25 children/families with mentoring support in Sandwell via funding from West Midlands Police Violence Reduction Partnership and 242 children have been supported via transition programmes.

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 £80,197.

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 decreased to £165,080 from £238,109. Overall unrestricted income has decreased during the year by £64,019. Last year included one-off donations of £16,109. Funds from Big Lottery totalled £43,170 for the year. Expenditure of £194,372 (2023: £218,753) has resulted in a deficit of £29,292 (2023: surplus £19,356).

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BELIEVE TO ACHIEVE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

FUTURE PLANS

B2A will continue to deliver high quality counselling, mentoring and creative activities across the city of Wolverhampton and in the neighbouring boroughs of Dudley/Walsall and Sandwell.

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 via the HAF programme.

B2A is also continuing to develop and deliver the Heads-up and Heros Peer Support Programmes within primary schools in across the Black Country.

B2A has continued to deliver a wide range of online e-safety courses to children, parents and teachers.

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

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BELIEVE TO ACHIEVE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

Registered office

The Workspace All Saints Road Wolverhampton West Midlands WV2 1EL

Trustees

Mr J Crockett M A Moorhouse R H Marris L V Webb 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 2024.

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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: .............................................

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BELIEVE TO ACHIEVE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 1,550 Charitable activities Provision of service 118,910 Investment income 2 1,450 Other income - Total 121,910 EXPENDITURE ON Charitable activities Provision of service 153,812 NET INCOME/(EXPENDITURE) (31,902) RECONCILIATION OF FUNDS Total funds brought forward 71,186 TOTAL FUNDS CARRIED FORWARD 39,284	Restricted fund £ - 43,170 - - 43,170 40,560 2,610 38,303 40,913	31.3.24 Total funds £ 1,550 162,080 1,450 - 165,080 194,372 (29,292) 109,489 80,197	31.3.23 Total funds £ 17,499 220,227 383 - 238,109 218,753 19,356 90,133 109,489

The notes form part of these financial statements

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BELIEVE TO ACHIEVE (REGISTERED NUMBER: 04074646)

STATEMENT OF FINANCIAL POSITION 31ST MARCH 2024

					31.3.24	31.3.23
		Unrestricted	Restricted		Total	Total
		fund	fund		funds	funds
	Notes	£	£		£	£
FIXED ASSETS
Tangible assets	7	350		-	350	300
CURRENT ASSETS
Debtors	8	15,303		-	15,303	17,238
Cash at bank and in hand		25,550	43,180		68,730	96,507
		40,853	43,180		84,033	113,745
CREDITORS
Amounts falling due within one year	9	(4,186)		-	(4,186)	(4,556)
NET CURRENT ASSETS		36,667	43,180		79,847	109,189
TOTAL ASSETS LESS CURRENT
LIABILITIES		37,017	43,180		80,197	109,489
NET ASSETS		37,017	43,180		80,197	109,489
FUNDS	10
Unrestricted funds					39,284	71,186
Restricted funds					40,913	38,303
TOTAL FUNDS					80,197	109,489

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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

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BELIEVE TO ACHIEVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

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...

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BELIEVE TO ACHIEVE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2024

2. INVESTMENT INCOME

INVESTMENT INCOME
	31.3.24	31.3.23
	£	£
Investment income	1,450	383
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	31.3.24	31.3.23
	£	£
Depreciation - owned assets	159	128

3. NET INCOME/(EXPENDITURE)

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.24	31.3.23
7	7

There are no employees who received total employee benefits of more than £60,000.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 17,499 Charitable activities Provision of service 168,047 Investment income 383 Other income - Total 185,929 EXPENDITURE ON Charitable activities Provision of service 178,281	Restricted fund £ - 52,180 - - 52,180 40,472	Total funds £ 17,499 220,227 383 - 238,109 218,753

continued...

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BELIEVE TO ACHIEVE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

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	7,648	11,708	19,356
	RECONCILIATION OF FUNDS
	Total funds brought forward	63,538	26,595	90,133
	TOTAL FUNDS CARRIED FORWARD	71,186	38,303	109,489
7.	TANGIBLE FIXED ASSETS
				Computer
				equipment
				£
	COST
	At 1st April 2023			48,740
	Additions			209
	At 31st March 2024			48,949
	DEPRECIATION
	At 1st April 2023			48,440
	Charge for year			159
	At 31st March 2024			48,599
	NET BOOK VALUE
	At 31st March 2024			350
	At 31st March 2023			300
8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.24	31.3.23
			£	£
	Trade debtors		14,498	16,382
	Prepayments		805	856
			15,303	17,238

continued...

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
		31.3.24	31.3.23
		£	£
	Social security and other taxes	2,554	2,924
	Accrued expenses	1,632	1,632
		4,186	4,556
10.	MOVEMENT IN FUNDS

Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS	At 1.4.23 £ 71,186 38,303 109,489 Incoming resources £ 121,910 43,170 165,080 At 1.4.22 £ 63,538 26,595 90,133	Net movement At in funds 31.3.24 £ £ (31,902) 39,284 2,610 40,913 (29,292) 80,197 Resources Movement expended in funds £ £ (153,812) (31,902) (40,560) 2,610 (194,372) (29,292) Net movement At in funds 31.3.23 £ £ 7,648 71,186 11,708 38,303 19,356 109,489

continued...

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BELIEVE TO ACHIEVE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

10. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS	Incoming resources £ 185,929 52,180 238,109	Resources Movement expended in funds £ £ (178,281) 7,648 (40,472) 11,708 (218,753) 19,356

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.4.22	in funds	31.3.24
	£	£	£
Unrestricted funds
General fund	63,538	(24,254)	39,284
Restricted funds
Restricted Fund	26,595	14,318	40,913
TOTAL FUNDS	90,133	(9,936)	80,197

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 £ 307,839 95,350 403,189	Resources Movement expended in funds £ £ (332,093) (24,254) (81,032) 14,318 (413,125) (9,936)

continued...

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BELIEVE TO ACHIEVE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2024.

12. ULTIMATE CONTROLLING PARTY

During the year the organisation was under the control of the Trustees.

13. RESTRICTED FUNDS

Restricted	1 April 2023 £ 38,303 38,303	Incoming Resources £ 43,170 43,170	Outgoing Resources £ 40,560 40,560	Transfers £ - -	31 March 2024 £ 40,913
					40,913

Income received from restricted funds is used for the purpose of the organisations charitable objects.

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BELIEVE TO ACHIEVE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024
	31.3.24	31.3.23
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	1,550	17,499
Investment income
Investment income	1,450	383
Charitable activities
Provision of service	118,910	168,047
Grants	43,170	52,180
	165,080	238,109
Other income
Other income	-	-
Total incoming resources	165,080	238,109
EXPENDITURE
Charitable activities
Wages and salaries	177,416	189,552
National insurance	5,463	12,193
Rental costs	1,200	1,700
Activity costs	1,321	500
Consultancy and supervision	920	3,310
Depreciation	159	128
	186,479	207,383
Support costs
Management
Office costs	3,378	6,107
Advertising	993	1,700
Training costs	78	-
	4,449	7,807
Governance costs
Accountancy fees	2,653	2,653
Payroll costs	791	910
	3,444	3,563
Total resources expended	194,372	218,753
Net income	(29,292)	19,356

This page does not form part of the statutory financial statements

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