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← Urban Development Foundation

2024-03-31-accounts

Age? FORCHARITYENGLAND COMMISSIONAND WALES

Trustees’ Annual Report for the period From 01-04-2023 To 31-03-2024

Charity name: Urban Development Foundation Charity registration number: 1105249

Objectives and Activities Objectives and Activities
a
ee
reference
Summaryofthe purposes		 Para 1.17
Topromoteanycharitable purpose forthe benefitof
ofthe charityas setout in
thecommunity in Birmingham Cityandsurrounding
SS =
particular), to advance education, promote multi-Faith
religious activities, relieve poverty and sickness by
associating together with representatives ofthe
community, statutory authorities, and other
organisations in the area of benefit.
Summaryof themain
ale ond
-
Asananchororganisation inthe Levelling
activities in relation to
UpProgramme,wearededicated to
iipsepulpesesforthe
reducing regional inequalitiesand
public benefit, in
‘
:
af
:
particular,
the activities,
unlocking community potential, especially
projects orservices
in East Birmingham. Our mission is to
identified in the accounts.
foster resilience and supportgrassroots
organisations in these communities, We
invite others to join us in creating positive
change and buildinga fairer, more
prosperous future for all.
~
Our Financial & Housing Advisory Services
project targets the rising cost of living
within the BAME community, aiming to
alleviate challenges and empower
individuals toward stability. With a surge
in demand for our services due to
heightened financial strain, particularly
among low-income minority
backgrounds, our organisation faces
Pressure to provide essential advice and
support. The increased need for one-on-
one consultations and workshops
underscores the urgent requirement for
guidance on financial Management and
housing security, stretching our resources
tomeetthesecriticalneeds.

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |-|Domestic|abuse|involves|controlling,| |coercive,|threatening,|violent,|or|abusive| |behaviour|between|family|members,| |partners,|or|ex-partners|aged|over|16.|It| |affects|both|men|and|women|and| |encompasses|psychological,|physical,| |sexual,|financial,|and|emotional|abuse.| |-|Clean|Air Community|Initiative,|a| |comprehensive|project|tackling|air|quality| |concerns|through|educational|workshops,| |monitoring,|clean-up|events,|and| |collaboration|with|community| |organisations.|Together,|we|aim|for|a| |cleaner,|healthier,|and|more|sustainable| |future.|Stay tuned|for|updates|and|ways| |to|contribute.| |-|The|Long|Covid|survey,|commissioned|by| |BVSC,|is|designed|to|collect|data|for|the| |NHS,|focusing|on|individuals|experiencing| |prolonged|symptoms|post-recovery from| |COVID-19.|It|aims|to|gather| |comprehensive|information|on|symptom| |severity,|duration,|and|impact|on|physical| |and|mental|health.|By|providing|valuable| |insights,|this|survey|will|assist|healthcare| |professionals|in|better|understanding|and| |managing|Long|Covid,|ultimately| |improving|patient|care|and|outcomes.| |-|The|project|offer|Information,|Advice,|and| |Guidance|(IAG)|on|the|cost|of|living|to| |elderly|individuals|aged|50|and|above|in| |Birmingham.|Targeting|the|unemployed,| |those|living|alone,|retired,|or|with| |disabilities,|it|aims|to|empower|this| |vulnerable|group|by|providing|essential| |knowledge|and|resources|to|manage|their| |cost|of|living|effectively.|This|initiative| |ultimately|seeks|to|enhance|their|financial| |Statement|well-being|and|overall|quality|of|life.| |whether|confirming|Para|1.18| |the|trustees|have|The|trustees|confirm|that|all|decisions|made,|are| |guidance|issued|by|the|Commission|on|public|benefit.| |Charity|Commission|on| |public|benefit| |=.|See| |Additional|information|(optional)| |You|may|choose|to|include further Statements|where|relevant|about:|

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Policy on grant making Para 1.38 Weare nota grant making organisation
and do not plan tomake any grants.
Ifthe trustees do decide to make any
grants, then a policy and procedures would
be set before any
funds are administered.
Policy on social investment
including program related		 Para 1.38 Trusteeshad notconsidered any social
investment at present.
investment
The Urban Development Foundation is
=
Contributionmadeby
volunteers		 Para 1.38 grateful to all the volunteers who have
assistedthetrustwith theirvaluabletime,
,
effort, and expertise. We would not have
been able to sourcethe provisions required
or deliver them to those in need without
the volunteers' commitment and
dedication.
ed ee ee
Achievements and Performance
ee
ee
ae
:
Summary of the main
achievements
ofthecharity,		 P2120
identifying
thedifference the
charity's work has made to
thecircumstancesofits
beneficiaries and anywider
benefits
tosocietyasa
whole.		 - Asan anchororganisation inthe
;
Levelling UpProgramme, the
charity is dedicated to reducing
regional inequalities and
unlocking community potential,
particularly in East Birmingham.
By fostering resilience and
supporting grassroots
organisations, they are actively
working towards creating a fairer
and more prosperous future for
all.
-
The Financial & Housing
Advisory Services project targets
therisingcostoflivingwithinthe

BAME community. By providing essential advice and support, particularly to those from lowincome minority backgrounds, the charity is empowering individuals towards stability. Despite facing heightened financial strain, they continue to meet the increased demand for services, underscoring their commitment to supporting vulnerable communities. - The charity acknowledges and addresses the prevalence of - domestic abuse, providing crucial support to victims. Their recognition of various forms of abuse and their commitment to addressing them contribute to a safer and more supportive environment for victims, regardless of gender. - Through the Clean Air Community Initiative, the charity is actively addressing air quality concerns through educational workshops, monitoring, clean-up | events, and collaboration with community organisations. By advocating for a cleaner and healthier environment, they are contributing to the well-being of the community and promoting sustainability.

initiative aims to enhance their financial well-being and overall quality of life. - Overall, the charity's multifaceted efforts demonstrate a commitment to addressing pressing issues, supporting vulnerable communities, and fostering positive change for society as a whole.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Baraca - The charity has achieved its objectives set objectives by actively participating in the Levelling Up Programme to reduce regional inequalities, providing essential financial and housing support to the BAME community, combatting domestic abuse, addressing air quality concerns through community initiatives, and empowering elderly individuals with cost-of-living guidance. These achievements demonstrate their commitment to supporting vulnerable communities and fostering positive change in society. Performance The charity has demonstrated strong re of fundraising Santa performance in fundraising activities, against ebjectives surpassing objectives and achieving notable success in securing diverse funding sources. Through effective donor engagement strategies, expansion of fundraising activities, and alignment with strategic objectives, the charity has not only increased financial support but also strengthened its impact in addressing community needs. These achievements underscore the charity's commitment to its mission and its ability to drive positive change through effective fundraising efforts. ay As of the current period, the charity has not ee abottommanse ee made any investments, therefore there are

no investment performance metrics to es ne e valuate against objectives.a

Financial Review

Reviewofthe charity's
financial position attheend
ofthe period		 Reviewofthe charity's
financial position attheend
ofthe period		 2 Acomprehensive review ofthe charity's
financial position attheend ofthe period
involvesanalysing itsincomestatement,
balance sheet, cash flow statement, and
financial ratios. Key considerations include
revenue sources, expenses allocation, asset
liquidity, long-term liabilities, cash
management, budget variances, and
financial risks. This analysis provides
stakeholders with insights intothe charity's
financial health, performance, and potential
areas for improvement, guiding decision-
making and strategic planning forthe
future.
Statementexplaining the
policyforholding reserves
Statingwhythey areheld		 Rela2e Thecharitymaintains a reservepolicyto
ensure financial stabilityand sustainability.
Reserves areheld tomitigate riskssuch as
economic downturns, unexpected
expenses, or fluctuations in income. They
provide a financial buffer to support
ongoing operations, maintain service
delivery, and withstand unforeseen
challenges without compromising the
charity's mission. Reserves also instill donor
confidence, demonstrating prudent
financial management and accountability.
Overall, holding reserves is essential for
safeguarding the charity's abilityto fulfil its
commitments and serve its beneficiaries
effectively.
PAmoUntSfifSsanves (isla Paez
aliepaleysieq
a
es
reservesee
ee
deficit
Explanation ofany
Eelaii2s
The charity's financial statements painta
eet edie eee
promising picture, markedbyconsistent
concern
g
revenue streams, responsible financial
management, and an unwavering
commitment to its mission. Despite
potentialuncertaintieslikefundina

fluctuations or economic shifts, the charity's proactive approach to risk management and strategic planning effectively mitigates potential challenges. Furthermore, the dedication of its staff, volunteers, and supporters underscores the charity's resilience, ensuring its ability to weather uncertainties and maintain Operations. With a surplus of £24,575.87 for the financial year ending 2024, the organization is in a strong position to sustain its activities for the next 18 months, covering essential expenses. This surplus not only reflects the charity's robust financial foundation but also its proactive measures in financial management. annual turnover from £17,570 in the year | Additionally, the significant increase in ending 2023 to £77,921.67 in the year ending 2024 underscores the charity's growth trajectory. This remarkable growth is a testament to the effectiveness of the charity's strategies and the support it receives from its community and stakeholders. It demonstrates the increasing impact and reach of the charity's initiatives, further solidifying its position as a key player in fulfilling its mission and serving its beneficiaries effectively.

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Additional information (optional)
You may choose to include further Statements where relevant about:
The The charity's principal
alacharity's principal primarily include include donations,
any a eiiunds (including fundraising activities,
fundraising) Para 1:47 ase
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The charity's principal sources of funds primarily include include donations, grants, fundraising activities, and s hi Para 1:47 ase ES POPC ISiIpS. Donations come from individual supporters, corporate partners, and philanthropic foundations. Grants may be obtained from government agencies, charitable trusts, or other grant-making organisations. Fundraising activities encompass events, | supporterscampaigns, andand appealsraising funds. aimedSponsorships at engaging involve partnerships with businesses or organisations that provide financial support in exchange for visibility or association with the charity's mission. These diverse sources

of funds contribute to the charity's financial
sustainability and enable it to fulfil its
mission and support its beneficiaries
effectively.
Investment
policyand
objectives includingany
social investment policy
adopted		 Para 1.46
Bat		 The charity'sinvestment policyaims to
achievelong-term financialgrowthwhile
aligning with its mission and values.
oy
Objectives include prudent risk
Management, capital preservation, and
generating sustainable returns to support
charitable activities. Additionally, the charity
may adopt a social investment policy,
prioritising investments that generate both
financial returns and positive social or
environmental impact. This approach
reflects the charity's commitment to
responsible investing and maximising its
contributions to society beyond financial
gains.
The charity faces several principal risks,
7
ae
Adescription ofthePine
 Pall)Bera 1146
risks facing the charity
.
:
regulatory changes, and reputational risks.
These risks could impact the charity's
financial stability, ability to deliver services,
compliance with regulations, and public
trust. Additionally, external factors such as
political developments or natural disasters
may pose further risks. Mitigation strategies
involve diversifying funding sources,
implementing robust financial management
practices, staying informed about
regulatory changes, and maintaining
transparent communication with
stakeholders. Overall, proactive risk
Management is essential to safeguard the
charity's mission and long-term
sustainability.
a ae
ee
Structure, Governance and Management
ee
trusts:		 lneee

|How is the charity
Para 1.25
Trust Deed
constituted?ee
Trusteeselection methods | Para 1.25
Atrusteemustbeappointed bya
including details ofany
resolution passed at a trusteemeeting of
constitutional provisionse.g.
the foundation. In selecting individuals for
elec
on t post
r name of|How is the charity
Para 1.25
Trust Deed
constituted?ee
Trusteeselection methods | Para 1.25
Atrusteemustbeappointed bya
including details ofany
resolution passed at a trusteemeeting of
constitutional provisionse.g.
the foundation. In selecting individuals for
elec
on t post
r name of|How is the charity
Para 1.25
Trust Deed
constituted?ee
Trusteeselection methods | Para 1.25
Atrusteemustbeappointed bya
including details ofany
resolution passed at a trusteemeeting of
constitutional provisionse.g.
the foundation. In selecting individuals for
elec
on t post
r name of| |---|---|---| |anyperson orbody entitled
to appoint one ormore
trustees||3
:
:
appointment as charitytrustees, the charity
trustees must have regard to the skills,
; Knowledge, and experience needed forthe| |||effective administration ofthe ClO and| |||their legal obligation.| |Additional information (optional)
You may choose to include further statements||where relevant about:| |||The Chair ofTrustees will be responsible for| |-
SefeeCae|Para 1.51|ensuring that the induction process is
carried out.Atraining program will be| |and training oftrustees||developed toensurethatany newly
appointed trustee will receive training on all| |||matters necessary to enable them to| |||perform their duties effectively. This will be| |||tailored to their specific needs but, unless| |||the appointee is already sufficiently
experienced, should cover, as a minimum:| |||governance and management; equal| |||Opportunities; a thorough introduction to| |||the history and current activities ofthe| |||organisation; a sufficient explanation ofthe| |||charity's financial accounts and reporting
procedures to enable them to exercise| |||effective fiscal oversight; an explanation of| |||all charity policies, including those relating| |||to trustee expenses and how they can be| |||claimed. Ifthe new trustee is to take on any
specific duties, training needs in relation to| |||these should also be assessed. It is| |||acknowledged that trustees have a wide| |||range ofothercommitments, and every
effort will be made to make this training
accessible to the individual byarranging it
to be conducted at times convenient to| |||them.| |a
—_.
The charity's organisational||Urban Development Foundation networks
with local organisations and faith-based| |structure
andanywider
network
withwhich the
charityworks|Para 1.51|‘
;
groups inthe area. It is also developing
wider relationswith national and
international charities. Urban Development
Foundation attends local network meetings
arrangedby
BVSC.|

Relationship with any related parties

Para 1.51 None

Reference and Administrative details

|Charityname Sd Urban Development Foundation Other name the charity uses eee PR ee ee Registered charity number eidoseolSa Charity’s principal address 111 Wells Green Road Solihull B92-7PQ

Names of the charity trustees who manage the charity

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: Name of person (or body)
Ui if an
MeKebn Ahmed 9ichamanI =
2 Mr. Mohammed Treasurer
Iqbal
3 | Mr. Delwar Hussain Rede eee
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Corporate trustees — names of the directors at the date the report was approved

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Name of trustees holding title to property belonging to the charity
“trustee name [Dates acted ifnat for whole year [__——
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Funds held as custodian trustees on behalf of others Description of the assets None held in this Capacity

N/A

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects

Details of arrangements for | N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information) Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure ofi sie details

Other optional information

UDF's annual return submissions for the years 2021 and 2022 were initially submitted on time. However, due to a financial error, the Charity Commission was contacted to rectify this issue. Consequently, the accounts had to be resubmitted, leading to an alteration in the submission date. We are providing this explanation to inform funders who may otherwise reject our grant application during initial due diligence.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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_
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Position (eg Secretary, Chair, etc)

Bate | 14" April 2024

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Report to the trustees/
members of
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endedOn accounts for the year
Set out on pages
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URBAN DEVELOPMENT FOUNDATION
2023/2024 Charity | 1105249
no (if any)
3&4
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I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024.

Responsibilities and basis of report As the charity trustees of the Trust. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding ofthe accounts to be reached.

NAME Bee NOTE SREB vvcscesesseeee cc. POSITION wa ecouwk Monaro PLACE OF WORK Saltova..rhouse../ NS. Evi Nes. ADDRESS PRS: B39. Lichfield. Read Binmisaghem b | LJ ai eee SIGNATURE ee ee ae rere DAUD hdl. SE oAeee

;

10:55 PM 14/04/24 Accrual Basis

Urban Development Foundation Profit & Loss April 2023 through March 2024

Ordinary Income/Expense Ordinary Income/Expense Apr '23 - Mar 24
ee
eee
Income
Grants
Reimbursed
TotalIncome		 76,911.00
1,010.67
eS
eh
77,921.67
Expense
BankServiceCharges
Equipment
Event
Insurance		 5.00
5,864.39
4,136.00
279.66
Licenses and Permits
Maintainance Services
Miscellaneous
Postageand Delivery
Staffcost
stationary
Subscriptions
Supplies		 18.00
185.00
3.97
8.19
37,880.00
428.40
12.49
Marketing 1,103.42
Total Supplies 1,103.42
Training
Travel & Ent		 3,800.00
Entertainment
Meals
Travel
Travel & Ent - Other		 284.15
173.53
183.20
317.83
Total Travel & Ent 958.71
Utilities 400.00
VenueCost
volunteerexpenses
Website		 3,354.00
5,440.00
67.20
Total Expense ee
63,944.43
NetOrdinary Ordinary Income ees)
13,977.24
Profit fortheYear NCES
13,977.24
=———————_

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10:54 PM 44/04/24 Accrual Basis

Urban Development Foundation UK Balance Sheet - Standard As of 31 March 2024

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|||||||| |---|---|---|---|---|---|---| |31|Mar|24| |ASSETS| |Current|Assets| |Cash|at|bank|and|in|hand| |current|account|31,178.55| |petty|cash|80.82| |Total|Cash|at|bank and|in|hand|31,259.37| |Total|Current Assets|31,259.37| |Current|Liabilities| |Accounts|Payable| |Accounts|Payable|4,501.00| |Total Accounts|Payable|4,501.00| |Total|Current|Liabilities|4,501.00| |NET CURRENT ASSETS|26,758.37| |TOTAL ASSETS|LESS CURRENT|LIABILITIES|26,758.37| |Long|Term|Liabilities| |Bounce|Back|Loan|1,982.50| |Total|Long|Term|Liabilities|1,982.50| |NET ASSETS|24,775.87| |Capital|and|Reserves| |Retained|Earnings|10,798.63| |Profit for the Year|13,977.24| |Shareholder funds|24,775.87|

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Report to the trustees/
members of
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endedOn accounts for the year
Set out on pages
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URBAN DEVELOPMENT FOUNDATION
2023/2024 Charity | 1105249
no (if any)
3&4
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I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024.

Responsibilities and basis of report As the charity trustees of the Trust. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding ofthe accounts to be reached.

NAME Bee NOTE SREB vvcscesesseeee cc. POSITION wa ecouwk Monaro PLACE OF WORK Saltova..rhouse../ NS. Evi Nes. ADDRESS PRS: B39. Lichfield. Read Binmisaghem b | LJ ai eee SIGNATURE ee ee ae rere DAUD hdl. SE oAeee

;

10:55 PM 14/04/24 Accrual Basis

Urban Development Foundation Profit & Loss April 2023 through March 2024

Ordinary Income/Expense Ordinary Income/Expense Apr '23 - Mar 24
ee
eee
Income
Grants
Reimbursed
TotalIncome		 76,911.00
1,010.67
eS
eh
77,921.67
Expense
BankServiceCharges
Equipment
Event
Insurance		 5.00
5,864.39
4,136.00
279.66
Licenses and Permits
Maintainance Services
Miscellaneous
Postageand Delivery
Staffcost
stationary
Subscriptions
Supplies		 18.00
185.00
3.97
8.19
37,880.00
428.40
12.49
Marketing 1,103.42
Total Supplies 1,103.42
Training
Travel & Ent		 3,800.00
Entertainment
Meals
Travel
Travel & Ent - Other		 284.15
173.53
183.20
317.83
Total Travel & Ent 958.71
Utilities 400.00
VenueCost
volunteerexpenses
Website		 3,354.00
5,440.00
67.20
Total Expense ee
63,944.43
NetOrdinary Ordinary Income ees)
13,977.24
Profit fortheYear NCES
13,977.24
=———————_

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10:54 PM 44/04/24 Accrual Basis

Urban Development Foundation UK Balance Sheet - Standard As of 31 March 2024

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|||||||| |---|---|---|---|---|---|---| |31|Mar|24| |ASSETS| |Current|Assets| |Cash|at|bank|and|in|hand| |current|account|31,178.55| |petty|cash|80.82| |Total|Cash|at|bank and|in|hand|31,259.37| |Total|Current Assets|31,259.37| |Current|Liabilities| |Accounts|Payable| |Accounts|Payable|4,501.00| |Total Accounts|Payable|4,501.00| |Total|Current|Liabilities|4,501.00| |NET CURRENT ASSETS|26,758.37| |TOTAL ASSETS|LESS CURRENT|LIABILITIES|26,758.37| |Long|Term|Liabilities| |Bounce|Back|Loan|1,982.50| |Total|Long|Term|Liabilities|1,982.50| |NET ASSETS|24,775.87| |Capital|and|Reserves| |Retained|Earnings|10,798.63| |Profit for the Year|13,977.24| |Shareholder funds|24,775.87|

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