REGISTERED COMPANY NUMBER: 05230659 (England and Wales)
REGISTERED CHARITY NUMBER: 1106209
ort
the Tn]ste
and
Audited Financial Ststements for the Year Ended 31 March 2025
for
North
rceslers
Baseme
Limited
Limited b Guarantee
tPr
ecls
Acom
an
Curo Professional Services Lid, Statutory Auditors
Curo House
Greenbox
Westonhall Road
Broinsgrove
WoTcestershire
B60 4AL

North Worcestershire Basement Pro ecls
Limited
Contents of the Financial Statements
for tlie Year Ei)ded 31 March 2025
Page
Reference and Administrative Details
Report of the Trustees
Report of the Independeiil Auditors
Statement of Finanoial Activilies
io
Balance Sheet
Notes to the Financial Siatemeiit5
12 to 28
Delailed Statement of Financial Aclivilies
29 to 30

Noith Worcestershire Basement Pro e¢ts
Limit
rence am
Ininistrative Delails
for the Year Ended 31 March 2025
TRUSTEES
MTS S Nunnerley (resigned 24.6.24)
Mrs J Spencer
D L Morgan, Chair
Mrs M A Sherrey (resigned 24.6.24)
RNHood
J Hanson (resigned 22.4.24)
J Morris
A Deakin
C R Pennell
K Squire8
P TNeinan
M5 S V Bapal (appointed 24.6.24)
A Gwillam (appointed 24.6.24)
Ms S Hindle Smith (appointed 24.6.24)
Ms S L Preece (appointed 24.6.24)
REGISTERED OFFICE
Hanover House
l Hanover Street
Bromsgrove
Worcestershire
B617JH
REGISTERED COMPANY
NUMBER
05230659 (England and Wale5)
RKGISTERED CHARITY NUMBER 1106209
AUDITORS
Curo Professional Service5 Ltd. Statutory Auditors
Curo House
Greenbox
Weslonhall Road
Bromsgrove
Worcestershire
B60 4AL
SOLICITORS
mfg Solicitors
l Higb Sireet
Broinsgrove
B618EZ
BANKERS
Lloyds Bank plc
112 High Str¢¢t
Bromsgrove
B618EZ
Pag¢ I

North Worcestershii'e Basement Pi'o
Liiniled
ects
Re
rt of Ihe T tees
for the Year Ended 31 March 2025
The I￿￿te¢S who are also directors of the charity for the purpose5 of the Coinpanies Act 2006, present their rq)ort with the
financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recominended Practice applicable to charities preparing their accounts
in accoi'dance with the Financial Reporting SiandaTd applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019).
OBJECTIVES AND ACTIVITIES
Objectives 2nd alms
North Woi'cestershire Basement Projects Lid. aims lo provide help and clear guidance to young people who are potentially
hom¢l¢ss, actually homeless andlor unemployed an(Vor not in educationltraining andlor loc21 authority care leavers by
providing help-
a) to alleviate the effect of poverty experienced by this group.
b) to assist the target group in coinpeting effectively in the labour market or to obtsin training or educaliot)al oppo￿nIties,
c) to provide clear and adequate inforn]atioThlTesources so that the target group is fjjlly infonned of their ri￿(s and
sponsibilities,
d) to encourage, support and empower the target group to have choice and to represent themselves.
Signfificant #ctlvitie5
Significant activities are disclosed within achievements and perfomance.
Public beneflt
The Trustees liave referred to the guidance conlained in the Charity Commission's general guidance on public benefit when
reviewing the aims and objectives, and in planning future activities. The main activities and the people who the charity aims
to help are undertaken to further its charit8ble purposes for public benefit.
Volunteers
Volunteers are recruited when n¢￿ed.
Page 2

North Wor¢estershire Basement Pro
Liniiled
ecls
ort f the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
AClllEVEMENTS AND PERFORMANCE
The aim of The Basement Project is lo piovide support services for homeless and potentially homeless young people aged
25 and ullder; an integi?I part of these services is lo focus on homeless prevention. AÈ 31 March 2025 tlie Basement Project
was niade up of three interltnking projects the r￿st 2 beiiig our long tem core projects the Basement Diop-in Service and
the Floating Support Service- although there is an overlap and staff work across both projects. The 3rd is our recently added
Application Station which supports young people with their transition into the work place or learning envkronment aiid which
has seeii ￿oWth over the past 12 inonihs. We also staff drop-in services in other areas of Woreestershire namely: Eveshain,
Kidderminster, Malvern and Worcestershire City and have also develop￿ a Mediation and Conflict Resolution services to
siipport our homeless prevention agenda. We ¢onlinue to work in partnership with agencies (Siatulory, Piiblic Sector,
Voluntary and Private Sector) relevant to supporting young people across Worcestershire.
The Basement Drop-in Service Our main Drop-in is open every weekday and is staffed by hvo qualified youth workers und
trained volunteers and is well used by local young people. Tn the first full year the Drop-in was open in 2006 there were well
over 400 visils and in the year to 31 March 2025 we carried out 4,777 inteiventions, Ihrough face lo face meetings,
telephone conversations. live chat. video calls. messages. anivor advocating on behalf of the young person. This represents a
14 % increase on the previous year and a 36.6% increase over the last 2 years, showing the increased need for this service.
The Basement Project is a place where a yowig person can access someone to talk lo, enabling them to have the support they
need lo deal with their primary issues surrounding housing and homelessness and otber issues that may be hindering their
ability to niove forward. We c an offer mediation and advocacy 8hould the young person feel that 1.8 appropriate.
The Basement Project can offer emergency foodltoiletry parcels, which are invaluable to our clients. This year due to several
small pots of ￿ndIllg provided through Bromsgrove District Council, small grants and the generosity of the local
Comniunilies, we ivere able lo offer more substantial food par¢els to our service users. We have provided 255 food parcels lo
our clients and their families this year. ID addition when funding is availabl¢ we help young people to purchase other
essential item% to help them set up and sustain their tenancy and we offer a programme nf workshop8 througliout the year,
which run alongside the Drop-in service. These ftnclude employability, life skills training, healthy eating, self-esleem,
confidence building, budget management and Cooking on a budget. All workshops are designed to be 'young person friendl
and are delivered in a relaxed, welcoming atmosphere.
The Basement Project recruits and trains volunteers to work alongsid¢ our Youth Support Workers and help us deliver our
wider service5. 2024125 has been a very success￿1 year in recruiting new volunteers with a wide range of valuable skills that
vill help young people in the fuiure as well as contributing to the development of The Basement Project across
Worcestershire.
We continue lo benefil from a five year continuation ￿ndIng by The National Community Lottery Fund which commenced
in April 2023 which ivas aligned to our fiv¢ year strategy. This ￿ndIllg combined with the BrOMs￿OvQ District Coun¢il
nding, local business and individual giving fonns the core of our overall income.
In addition we submit a variety of applications to SUPPOrt our existing work and fvture projects as required and as set out in
our Strategic Plan. We expect to identify funds from grants, tNs1 funds and possible lendering for contracts.
Th¢ Floating Support part of ihe project is partly funded through a ¢ommissioned s¢rvice with Worcestershire Children First
(WCF) to support care leavers specifically and also granls from other souire5 including National Lottery Community Fund
for notk care leavers who need supporl. We have the capacity for around 80 individual young people (clienls) lo have
dedicated support worker who will meet on a regular basis lo lielp Ihein manage the transiiion to independent living. This
support is deliver¢d through direct, one to one meetings, telephone calls and messages, and via virtual metliods.
We subconlracl to Redditch Nighlslop lo cover the Redditch district and we cover the rest of the county. other Funding
enables us to cover th¢ age range that the WCF contract does not cov¢r, i.e. care leavers aged 25 and under.
Page 3

North Worcestershire Basement Pro
Liiniled
ects
ort of the T stees
for ihe Year Ended 31 March 2025
OBJECTtVES AND ACTIVITIES
FUTURE DEVELOPMENTS
We continue to consolidate the work we deliver through the Baseinent Project and will be looking for new and innovative
opportunities in the future. We will continue lo grow the new th'op-in services and ivork towards obt#ining ￿ndIllg to suslaiii
them. The appoinnnent of ali outside fvndraising agency to secure funds has proved successful and ensured tlie security of
the project for ihe foreseeable future.
We continue to ivork with partner agencies at a strategic level to inforni our service delivery and constantly monitor and
consult with the young people to ensure our services rneet their needs.
Reserves Policy
The trustees have established a Reserves Policy whereby the uni'estricied funds should be built up lo a minimum level
equivalent to 6 months operating costs; however, in view of the fact that il can take 9 months to be suc¢¢ssfi)l in a funding
application, il is iiot unreasonable to let the unrestricted level of reserves cover around 9 months, op¢rating costs. This would
allow the oi'ganisation time to ty and address any periodic casb flow shortfall while inaintaining support to staff and clients.
In the event that such efforts were unsuccessful the Reserv¢ would be used to finance the close down costs of North
Worcestersliire Basement Projects in an orderly manner.
Our cll￿ent level of unrestticled reserves stands 41t just over 600/0 of running costs. We are comrnitted to once aghin increase
our reseive8 towards 75Q/o of Qui. co81$ to ensure we can cover any futui'e imponder8ble$ such a% clianges or ces8ations of
funding conlracts. With the continuing cost of living crisis and pressure on local authority budgets, local government grants
and contt'acts are likely to come under close scn]tiny. So we will conttnue to make a ¢oncerted effort lo mainlatn efficiencies
as we move fonyard lo guarantee our commitment to the young people and their support, &s the majority of clienLs require at
least 12 monihs, worth of support.
We are also actively reviewing potential ways of increasing self-generated fund8 moving forward.
At the end of the year lotsl reserves stood at £402.264 of which £210,687 related to unres¢Tieted ￿ndS
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by ils governing document, a deed of tryst, and constitutes a limited company, limited by guarantee.
as defined by the Companies Act 2006.
Recrultment and appointment of neiv trustees
Tnjstees are appointed from the membeiship. All trnstees comply with "Good Govemance" a code for the Voluntary and
Community Sector.
Organlsational structure
The t￿SteeS forn] the Board of TNslees and continu¢s to support our Chi¢f Executive Officer, Caleb Mallard. who deals
with the day to day rnnning of the Charity, and any appropriate working groups.
Rlsk management
The twstees have a duty lo identify and review Ilie risks to whicli tlie Charity is exposed and to ensure appropriate controls
are in place to provide reasonable assui'ance against fraud and em)r.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The IIuslees (who are also the directors of North Worcestershii'e Basemeni Pi'ojecls Limited for the purposes of company
law) Rre responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 4

North Worce5tei'shire Basement Pro
Limited
ects
ort of the Tru
te
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued
Company law requires the tn]stees to prepare financial statements for each financial year ivhich give a twe aiid fair view of
the state of affairs of the charilable company and of the in¢oming resources and appli¢ation of resources, including Ihe
income and expenditure, of the charitabl¢ Company for that period. Ln preparing Ihose financiol statements, the trustees are
required to
select suitable accounting policies and rhen apply them consistently.
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charitable
company will continue in busines8.
The trustees arg responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the
financial position of the charitable company and lo enable them to ensure that the financial slalements comply with the
Coinpaiiies Act 2006. They are also responsible for safeguarding the assets of the ¢haiilable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware..
thei'e is no relevant audit infonnatlOD of which tlie charitable company's auditors &re unaware. and
the Iruslees have laken all steps that they ought lo have taken to make themselves aware of any relevant audit information
And lo establish that the auditors are aware of that infomation.
This report has begn prepared in accordance witb the provisions of Part 15 of the Companies Act 2006 relating to small
companies.
AUDITORS
Th¢ auditors, Curo Professional Services Lid, Siatutory Auditors, will be proposed for re-appointment at the forthcoming
Annual General Meeting.
Approved by order of the board of trustees on ...........
and signed on ils belialf by:
DLMO
rustee
Page 5

ort of the Inde
endeni Auditors to the Members or
North Worcestershire Basement Pro
Is
Limited
Oplnion
We have audited the financial statements of North Worcestersliire Basen)ent Projects Limited (the 'cliaritable company'} for
Ihe year ended 31 March 2025 which coinprise the Statement of Financial Activiltes, the Balance Sheet and notes to the
financial statements, including a summary of Significant accounting policies. The fin&ncittl reporttng framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdoni Generally
Accepted Accounting Practice).
In our opinion the financial statemenls..
give a true and fair vkew of the stste of the charitable company's affairs as at 31 March 2025 and of its Incoming resources
and application of resources, including its income and expenditure, for the year then ended;
have been properly prepai'ed in accordance with United Kingdorn Generally Accepted Accounting Practice. and
have been prepai'ed in accordance with ihe requireinents of the Companies Act 2006.
Basls for opinion
We ¢ondu¢led oiir audit in a¢cordance with Internalionkl Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial
statements section of our report. We are indepeiident of the eharilable company in accordance with the ethical requirements
that are relevant lo our audit of the financial stasemenls in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethtcal responsibilities in a¢cordance with these requirements. We believe that the audit evidence we have
obtained is suffjcient and appropriate to provide a basis for our opinion.
Conelusions relatlng to going concern
In auditing the fit)ancial statements, we have concluded that the tiustees, use of the going concem basi.s of accounting in Ihe
preparation of the finan¢ial slalement5 is appropriafr.
Based on the work we have performed, we have not identified any material uncertainti&s relating to events or conditions that.
individually or collectively, may cast significant doubt on Ihe charitable conipany's ability lo continue as a going concern for
a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and Ihe responsibilitie5 of the tNstees with respect lo going concern are described in the i'elevant
sections of this report.
Other informarfon
The trustees are responsible for the other infom]ation. The other infornialion comprises the inforni8tion included in the
Annual Report. other than the fiiiancial statements and our Report of the Independent Auditors thereon.
Our opinion on the fillancial statements does not cover the other information and, except to the extent othe￿]5¢ explicitly
slaied in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial slatemenls, our responsibility is lo read the other infonnation and, in doing so.
consider whether the other infomialion is materially inconsistent with the fi))ancial stal¢ments or our knowledge obtained in
Ihe audit or othenvise appears to be materially misststed. If we identify such material inconsistencies or apparent malerial
Inisslalemenls, we are required to delennine whether this gives rise 10 a material misstatement in the financial ststeinenls
themselves. If. based on the woi'k we have perfornied, we conclude that ther¢ is a material iTJiSStalement of this other
infonnalion, we are requii'ed to report that filct. We have nothing to report in this regard.
Opinlons on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the infoimation given in the Report of the Trustees for the financial year for ivhich the financial stalemenls are prepared is
consistent with the financial statements; and
Ihe Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 6

ort of ihe Inde
endent Auditors to the Members of
North Wor
st rshire Ba
Inenl Pro
Is
Limited
Mattel's on which ive are requlred to report by exeeptlon
In the light of the knowledge and imderslandkng of the charitable company and its environment obtained in the course of the
audit, we have not ideiitified mklerial misstatements in the Report of the Tiustees.
We have nothing lo report in respect of the following matters where the Companies Act 2006 requires us to report to you if,
in our opinion..
adequate accounting records have i)ot been kept or returns adequate for our audit have not been received from braiiche.8
not vtsited by us. or
the financial statements are not in agreement with the accounting record5 and ￿turnS. or
ceitain disclosures of trustees, remuneration specified by law are not made. or
we have not received all the infom]ation and explanations we require for our audit,. or
the tNstees were nol entitled lo take advanlag¢ of the small companies exemption from the requirement lo prgpare a
Stralegic Report or in preparing the Report of the Truslees.
Responsibilitl¢s of trustees
As explained more fiilly in the Statement of Trustees, Responsibilities, the trustees (who al'e also the directors of the
ch￿ilable company for the pury)oses of company Ixw) are responsible for the preparation of ihe financial statements and for
being satisfied that they give a true and fair view, and for such intem21 control as the t￿SteeS detennine is necessary lo
enable the prepaTalion of financial statements thal are free from rnaterial misstatement, whether due lo fraud or error.
In preparing the fftnanctal statements, the trustees are responsible for assessing the charitable company's ability to conlinue as
a going concern, disclosing, as applicable, matters related to going concem and usÉng the going concern basis of Accounting
unless the trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic altemalive but
to do so.
Our responslbllltles for the audit of the financlal statements
Our objectives are to obtain reasonable assurance about whether the fmancial stat¢menls as a whole are fre¢ from material
mi%stalement, whether due to fraud or e]Yor, and to i$8ue a Report of the Independent Auditor.8 that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducled in accordance with ISAS
(UK} will alivays delect a maierial misstatement when it exists. Misstatement5 can &rise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to influence the econoinic
decisions of users taken on the basis of these financial statements.
Page 7

ort of the Inde
endenl Auditors to the Members of
North Worc
tershire Ba
ement Pro
Is
Limiled
Identlfying and responding to risks of msterial mlsstatement due to fraud
The level of risk and ability to detect irregularities due to fi3ud was considered during the planning stage of the audit. A risk
assessment was undertaken, taking into consideration the Company's policies, procedures and enquiries iviih management.
We communicated identified fraud risks throughout the audit team and remained alert to any indications of fraud througl)oul
tlie audit.
As required by auditing standards and considering our overall knowledge of the control environment, we perforn)ed
proCedU￿S to addregs the risk of management ovenide of controls and the risk of fraudulent transactions, in particular the
risk that Inanagement may be in a position lo make inappropriate accounting entries.
We perfornied procedures including:
Evaluating the business purpose of joumal entries and comparing the identified entries to supporting documentation.
Evaluating the busines5 purpose of significant bank payments and receipt8 and comparing these lo supporting
docuinentation.
Walkthrough and fiirtlier substantive tesling on income and expenses to identify weaknesses and override of internal
controls.
- Using analytical procedures lo idenlify any unusual or unexpected variances.
Identifying and responding to risk$ of materlAI misstatem¢nt due to non-compliance with laivs and regulations
The level of risk and ability to detect I￿egular1tkeS due to non-compliance with laws and regulations was considered during
the planning stage of the audit. A risk assessment was undertaken, taking into consid¢ration the company's policies.
procedures and coinpliance with laws and regulations.
We coinmunicaled identified laws and regulations throughout our team and remained alert to any indications of
non-compliance throughout the audit.
The company is subject to laws and regulations that dfftrectly affect the financial statements includiF)g financial reporting and
taxation legislation. We assessed the eKt¢nt of coinpliance with these laws and reglllalions as part of our procedures on Ilie
related financial statement items.
The company is also subje¢t to many other laws and regulations where the Consequences of non-compliance Could have a
Inaterial effect on amounts or disclosures in the financial slaleinents. Auditing standards liinit the required audtt procedures
to identify non-compliance with these laws and i'egulalions to enquiry of the directors and inspection of regulatory and legal
correspondence, if any. Therefore, if a br¢a¢h of operational regulations is not dis¢losed to us or evident from relevant
correspundence. an audit will not detect that breach.
Context of the abillty of the audlt to detect fraud or breache5 of law or regulation
Oiving lo the inherent I[￿ltatIonS of an audit, there is an unavoidable risk that we may not have detected some material
misstatements in the fmancial statemenls, even though ive have properly plawied and perfonned our audit in accordance with
auditing standard5. For example, there is a higher risk of non-deleclion of fraud, as these may involve Collusion, forgery,
intentional omissions, misrepresentations or the override of internal contt'ols. Our audit procedures are designed lo delect
Inaterial misstalement. We are not responsible for preventing non-compliance or fraud and cannot be expected to delect
non-compliance with 811 laws and regulations.
A further description of our responsibilities for the audit of the financial slalements is located on the Financial Reporting
Council's website al ivww.fi'¢.org.uklauditorsresponsibililies. This description forms part of our Report of the Independent
Audilors.
Page 8

R¢
oit of the Inde
endent Auditors to the Members of
North Woi'cester
hire Basement Pro
ecls
Limited
Use of our report
This report is made solely lo the charitable company's members, as a body, in accordance with Chapier 3 of Part 16 of the
Coinp8nies Aet 2006. Our audit work has been undertaken so that ive might state lo the charitable company's meinbers those
matters we are required to slate to them in an auditors, report and for no other putV05e. To the ￿lIest extent pern]itted by
law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's
members as a body, for our audit worK for this report, or for the opinions we have fonned.
Anna Madden FCA {Senior Stamtory Audilor)
for and on behalf of Cui'o Professional Seiwices Ltd, Statutory Auditors
Curo House
Greenbox
Weslonhall Road
Bromsgrove
Worcestershire
B60 4AL
111 (15
Date- .....
Page 9

North Worcestershire Basemeftt Pro
Liinited
ects
lalemenl of Financial Activili¢S
for the Year Ended 31 March 2025
2025
Total
2024
Total
Unrestricled
nd
Restricted
fiu)d
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
45,618
45,618
-33.722
Charitable activlties
To provide support to young people who are in
crisis
385,640
385,640
347,881
Other trading activities
Investsnent incoine
Other illCOLne
8,085
14.939
780
8,085
14,939
780
13,932
6,576
780
Tot21
69,422
385.640
455,062
402,891
EXPENDITURE ON
Raising funds
450
450
Charitable a¢tlvltles
To provide support to young people who are in
risis
75,792
367,502
443,294
384,894
Other
55
55
Total
76,297
367,502
443,799
384,894
NET INCOLIqEI{KXPENDITURE)
(6,875)
18,138
11,263
17,997
RECONCILIATION OF FUNDS
Total funds brought forward
217,562
173,439
391,001
373,004
TOTAL FUTr4DS CARRIED FORWARD
210,687
191.577
402,264
391,001
The notes forni part of these financial slalements
Page 10

North Worcestershire Basement Pio
Liiniled
e¢ts
Balance Sheet
31 Maycli 2025
2025
Total
2024
Total
funds
Unrestricted
fund
Restricted
fi￿dS
Notes
FIXED ASSETS
Tangible assets
5,724
5,724
4,847
CURRENT ASSETS
Debtois
Cash at bank and in hand
13
6,354
217,893
6,354
409,470
15,769
386,058
191,577
224,247
191,577
415,824
401.827
CREDITORS
Amounts falling due within one year
14
(19,284)
(19,284)
(15,673)
NET CURRENT ASSETS
204,963
191,577
396,540
386,154
TOTAL ASSETS LESS CURRENr
LIABILITIES
210,687
191,577
402,264
391,001
NET ASSETS
210,687
191,577
402,264
391.001
FUNDS
Unrestricted funds
Restricted fvnds
16
210,687
191,577
217,562
173,439
TOTAL FUNDS
402,264
391,001
These financial statements have been prepared in accordance with Ihe provisions applicable to charitable companies subj¢ct
to the Small companies regime.
The financial slateinents were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
or
- Trustee
The notes form part of these financial statements
Pagell

North Worcestershire Basement Pro
Lin)ited
ects
Notes to tlie Financial Stateinents
for the Year Ended 31 March 2025
COMPANY STATUS
The charity is a private company limited by guarantee. There is no share capital. Each member has undertaken to pay
£ l O in the event of the company being wound up.
The presentstioi) currency of the financial slalements is the Pound Sterling (£).
The financial slalements are rounded to the nearest £1.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the ¢liaiilable eompany, which is a publi¢ benefit entity under FRS 102, have beeii
prepaiEd in aceordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Chaiilies: Statement of
Reconimended Practice applicable to cl)ai'ities preparing tlieir a¢¢ounts in accordance with the Financial Repoiting
Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),, Financial Repoi1ing
Standard 102 'TI)e Financial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland, and the Compaiiies
Act 2006. The financial ststemei)Is have been prepared under the historical cost convention.
Going coneerTh
The financial statements have been prepared on the going concern basis on the grounds that the Ituslees believe that
there is sufficient funding in place to support the ¢harity for the next twelve months from the date of approval of the
financial statements.
Income
All income is recognised in the Stateinent of Financial Activities once the charity has enliilement lo the funds, it is
probable that the incoine will be received and the amount can be measured reliably.
Expenditure
Expenditure 15 accounted for on an accruals basis and has been classified under he&dings that aggregate all cost
related ro the category. Where costs cannot be dtrectly altributed to particular headings they have been allocated lo
activities on a basis consistent with the use of resources.
Allocatlon and apportlonment of costs
When possible, expenditure is charged to the charitable activity to which it relales. Costs that cannot be dealt ivith tn
this way are apportioned in proportion to staff hours. Apportioned costs are those for Premises and Office Expenses.
All costs that can be identified, such as room hire, refres]m]ents, stationery and audit fees are charged directly. Siaff
time is allocaled according lo the percentage spend directly on governance, together with a proportion of 5UPPOrt
costs. All indirect costs ar¢ Apportioned on staff lime.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
251/1 o on reducing balance
Tangible f￿ed assels are stated al cost less ac¢umulated depreciation and accurnulat￿ impainnent losses.
Taxotlon
The charity is exempt from corporation tax on it5 Charitable ac¢ivitle5.
Fund accountlng
Unrestricted funds can be used in a¢cordance with ihe ch8rilable objectives at the disC￿li0n of the Éwslees.
Page 12
Continued...

Noi1h Worcestershire Basement Pro
Limited
e¢ts
Notes lo the Financial Siai
In
nts - continued
for the Year Ended 31 Mai'ch 2025
ACCOUNTING POLICIES- ¢onrfnued
Fund accountfing
Restricted funds can only be used for particular restricted puiposes within the objects of the charity. Reslriclion5
arise when specified by the donor or when fijnds are raised for particular restricted purposes.
Further explanation of the naNre and purpose of each fund is in¢luded in the notes lo the financial statements.
Pension costs and other post-retirement benellts
The charitable company operates an auto-ei)rolment defined contribution pension scheme. Contributions payable to
the charitable company's pension scl)eme are charged to the Statement ol Financial Activities in th¢ period lo which
they relate.
Operating leoses
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Debtors
Trade and other debtors are recogni5ed at the settlement amount after any discount offered.
Cash at bank and in hand
Cash at bank arAd ill hand includes cash and shoit temi highly liquid iiivestments with a short maturity of twelve
months or less from the dale of acquisition or opening of the deposit or simtlar account.
Creditors and provislons
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third paity and the amounl due to Settle the obligation can be
measured or esltinated reliably. Creditors and provisions are nomially reeognised al their settlen)ei)t ainounl After
allowing for any discounts due.
Financial Instruments
The charity only has financial assels and financial liabilities of a kind that qualify as basic financtal instruments.
Bast¢ financial instrnments are initially recognised at transaction value and subsequently measured at Iheii. settlement
value will) the exception of bank loans which are subsequently measured at amortised cost using the effective interest
method.
DONATIONS AND LEGACIES
2025
2024
Donatioiis
Gift aid
37,224
8,394
32,437
1,285
45,618
33,722
Page 13
continued...

North Worcestershire Basement Pro
Limited
ects
Notes to the Financial Sia(einents - continued
for the Yeai. Ended 31 March 2025
OTHER TRADING ACTIVITIES
2025
2024
Fundraising events
8,085
13,932
INVESTMENT INCOME
2025
2024
Rents received
Deposit account interest
1,667
13,272
6,576
14,939
6,576
INCOME FROM CHARITABLE ACTIVITIES
Incoming resources from Charitable activities represent grants receivable from government and other public bodies
and liave been used to pursue the Charity's main activity of providing support to young people who ar¢ ln crisis.
Giznts received are as follows:
2025
2024
Lloyds Bank Foundation
Bromsgrove District Council
The National Lottery Conmiuiiity Fund
Floating Support Reserve
Worcestershire Children First
The Eveson Charitable Tn￿t
Garfield Weston Foundation
Tesco Grant
Post Covid Fund
Awards for All (National Lottery)
Uniforni Grdnt
HSBC
NFU Mutual
Co-op Client Fund
Nationwide- Core Costs
Nationwide- Summer Activities
Rotary - SEimmer Actkvilies
Nationwide- Life Skills
Fine & County Foundation
Client Funding
Nalional Grid - Winler Wanner P¢tcks
WF Housiiig Support
National Grid - Core Costs
Worcestershire Community Fouttdation
25,000
19,334
109,293
26,666
86,169
30,000
25,000
375
906
20,000
23,334
119,335
26,666
87.088
1,125
273
3,221
37,533
3,000
2,000
1,440
1,158
1.258
4,000
5,000
6,000
400
2,485
10,000
1,000
500
1,509
Awards for All NLF
The Graniliam York Trusl
Small Funders
Page 14
ontinued...

North Worcestershire Basement Pro e¢ts
Liinited
Notes lo th Financial
In
nl
for the Year Ended 31 March 2025
nlinu
INCOME FROM CHARITABLE ACTIVITIES- continued
Social Entery)rise
Worcestershire Strength Grant - Food vouchers
Worcestershire Strength Grant - Rent Support
The Patrick Trust
J Bishop Counselling
SPF Funding
3,500
1,000
3,724
2,500
670
30.000
385,640
347,881
CHARITABLE ACTIVITIES COSTS
Expenditure on Charitable activities comprises:
2025
2024
Direct ¢osts of Charitable activities
202,360
125,914
Suppoit costs:
Management
Finance
Governance
233,264
1.875
6,300
251,583
1,397
6.000
241,439
258,980
Total expenditure on Charitable expenditure
443,799
384.894
Governdnce custs Tepresenls duditors, T¢munerdtiOT].
NET INCOMEI(EXPENDITURE)
Net incomel(¢xpenditur¢) is stated aftei. ¢hOrgin￿(Cred1ting)'.
2025
2024
Auditors, remuneration
Depreciation - owned assets
Deficit on disposal of fixed assets
Amounts payable to auditor for other financial se￿]CeS
Operaling lease paymenls wogni5ed as an ¢xp¢nse
6,300
.576
55
5,670
12,171
6,000
1,155
7,641
12,172
Page 15
continued...

Noith Worcestershire Basement Pro
Limited
ects
Not lo tl)e Financial Stateinents - continued
for Ilie Year Ended 31 Marcli 2025
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, r¢muneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees. remuneration or other benefits for the year ended 31 March 2025 (2024.. £nil).
io.
STAFF COSTS
The average monthly numbei. of employees during ihe year was as follows..
2025
2024
Adminislrative
Project workers
Community fundraiser
12
10
2025
2024
Wages and Salaries
Social security costs
Other pension costs
306,234
22,125
12.046
234,345
15,212
8.554
340,405
258,111
No employees recetv¢d emolumen15 in excess of £60,000.
Benefits are ao¢ruing to all members of stsff under the auto-enro]ment pension scheme.
ii.
COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES
Unr¢stricted
nd
Restricted
funds
Total
fi]nds
INCOME AND ENDOWMENTS FROM
Donations and legacies
33,722
33,722
Charitable aetivities
To provide support lo young people who are in
crisis
347,881
347,881
Other trading activities
Investment income
Other income
13,932
6,576
780
13.932
6,576
780
Total
55,010
347,881
402,891
EXPENDITURE ON
Page 16
continued...

Nortli Worcestershire Basement Pro
Liinited
ects
Notes to th Financial Statements - continued
for the Year Ended 31 March 2025
ii.
COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Restricted
fund
funds
Total
funds
Charitable acttvities
To provide support to young people who are in
ci'isis
53,899
330,995
384,894
NET INCOME
I,iii
16,886
17.997
RECONCILIATION OF FUNDS
Total ￿ndS brought fonvard
216,451
156,553
373,004
TOTAL FUNDS CARRIED FORWARD
217,562
173,439
391,001
12.
TANGIBLE FIXED ASSETS
Fixtures
and
rjttings
COST
At l April 2024
Additions
Disposals
14,306
2,508
{249)
At 31 March 2025
16,565
DEPRECIATION
At l April 2024
Charge for year
Eliminated on disposal
9,459
1,576
(194)
Al 31 Mai-ch 2025
10,841
NET BOOK VALUE
At 31 March 2025
5,724
At 31 March 2024
4,847
Page 17
continued...

North Worcestershire Basement Pro
Liinited
ects
Notes to the Financial
lal
Inenls- conlinued
for the Year Ended 31 March 2025
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prepayments and accrued income
417
8,317
7,452
5,937
6,354
15,769
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade credito
Social security and other laxes
Accruals and deferred income
860
6,114
12,310
5,849
9,824
19,284
15,673
15.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2025
2024
Within one year
Between one and five years
12,172
25,360
12,172
37.532
37,532
49.704
Page 18
continued...

North Worcestershire Basement Pro ecis
Limited
Noles I Ill
Finan
ial Siateinenls continued
for the Year Ended 31 Mawh 2025
16.
MOVEMENT IN FUNDS
Net
Inovement
in fvnds
At
31.3.25
At 1.4.24
Unrestrlcted funds
General fund
217,562
(6.875)
210,687
Restri¢ted funds
Private tenancy scheme
Restructhrkng reseive
Lloyds Bank Foundation
Fonvard Housing Association
Bromsgrove District Council
Worcestershire County Council Community
The Eveson Charitable Tn]st
Garfield Weston Foundation
Western Power Fund
Community Lottery Eniergency Fund
Tesco Grant
Post Covid Fund
Awards for all NLF
Unifomi
Worc.8 Community Grant- Boldly goe.
HSBC
The Neighbourly Foundation- Sainsburys
HAF
NFU
The Grantham York Trust
Co-op client fund
Nationwide Core Costs
Nationwide Summer AclivLlies
Rotary Funding (Summer Aetivities)
Nationwide Life Skill Sessions
Fine & Country Foundation
Client funding
Nalkonal Grid Winter Wamier Packs.
WF Housing Support
Social Enterprise
Worcestershire Strength Grant- Food
voucher
Worcest¢rshire Strength Grant- Rent
The Patrick Trust
J Bishop Counselling
3,616
1,266
6.250
100.126
24
817
3,616
1.266
6,250
100.126
(24)
817
12.500
20,833
137
35
426
3,444
18,334
642
,026
12,500
20.833
137
35
835
3,056
(409)
388
18.334
(129)
771
1,026
1.176
2,021
(1,176)
2,021
{6)
(106)
3,878
1,000
1,759
37,533
3.000
2,000
1,440
1,158
300
105
104
3,772
1,000
662
(1,097)
(37,533)
3,000
1,173
(827)
(1,440)
(907)
(180)
(105)
(104)
3,500
251
120
3,500
I,IM)O
3,304
2,292
30
,000
3,304
2,292
30
173.439
18,138
191.577
TOTAL FUNDS
391.001
11,263
402,264
Page 19
continued...

North Worcestershire Basement Pro
Limite
ects
Notes to the Financial Statemenls- continued
for Ilie Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as folloivs..
Incoming
resources
Resources
expended
Movernent
Unrestyieted funds
Genei?I fund
69.422
(76,297)
(6,875)
Re$trlcted fund$
Lloyds Bank Foundation
Bromsgrove District Council
The Nalional Lottery Community Fund
Floating Support Reserve
The Eveson Charitable Trust
Garfield Weston Foundation
Worcesleyshire Childreii First
Tesco Grant
Post Covid Fund
Awards for all NLF
Uiiiforni
25,000
19,334
109,293
26.666
30.000
25,000
86,169
375
906
20.000
(25,000)
(19,358)
(109,293)
{26,666)
(17,500)
(4,167)
(86,169)
{784)
{518)
(1,666)
(129)
(1 176)
(24)
12,500
20.833
(409)
388
18,334
(129)
(1,176)
(6)
(106)
{1,097)
{37,533)
{827)
(1,440)
(907)
(180)
(105)
(104)
3,500
HSBC
HAF
NFU
Co-op client fund
Nationwide Cnre co.st
Rotary Funding (Summer Activities)
Nationwide Life Skill Sessions
Fine & Country Foundation
Client fvndTftg
National Grid Winter Warnier Packs
WF Houstng Support
Social EnterpTiS¢
Worcestershire Strength Grant- Food
voucher
Worcestershire Strength Grant - Rent
The Patrick Trnst
SPF Funding
J Bishop Counselling
(6)
(106)
(1,097)
(37,533)
(827)
(1,440)
(907)
{1,689)
(105)
(104)
,509
3,500
1,000
3,724
2.500
30,000
670
1,000
3,304
2,292
{420)
(208)
(30.000}
(640)
30
385,640
(367,502)
18.138
TOTAL FUNDS
455,062
(443,799)
11,263
Page 20
continued...

Noith Worcestershtre Basement Pro
Limit
ects
Notes lo the Financial Siaieinenls - continued
for the Year Ended 31 Mairh 2025
16.
MOVEMENT IN FUNDS- contlnued
Comparatives for movement in funds
Nel
movement
in funds
At
31.3.24
At 1.4.23
Unrestrieted funds
General fuiid
216,451
217,562
Restricted funds
Private tenancy scli¢me
Restmcturing reserve
Lloyds Bank Foundation
Fonvard Housing Association
Bromsgrove DTslrict Council
Woi'cestershire County Council Community
The Eveson Charitable T￿st
Westem Power Fund
comi￿￿nity Lottery Emergency Fund
Worcestershire Community Foundatson
Tes¢0 Grant
Post Covid Fund
Awards for all NLF
Unifom
Woits CoTJimuiiity Grant- Boldly goes
Social Prescribing (Application Station)
HSBC
Tlie Neighbourly Foundation- Sainsburys
HAF
NFU
The Grantharn York Trust
Co-op client fund
Nationwide Core Costs
Nationwide Summer Activities
Rotary Funding (Sunllner AclivTties)
Nationwide Life Skill Sessions
Fine & County Foundation
Client funding
National Grid Winter Wamler Packs
WF Housing Support
3,616
1,266
3,616
,266
6,250
100,126
24
816
6,250
100,126
5.040
841
15,000
421
219
472
(5,016)
(25)
(15,000)
(284)
(184)
(472)
835
(2,044)
(5,834)
273
(1,236)
{471)
(7,953)
137
35
835
3,056
5,100
5,834
498
2,262
472
9,129
2,021
45
657
1,000
2,534
771
1,026
1,176
2,021
(39)
3,221
3,878
1,000
1,759
37,533
3,000
2,000
1,440
1,158
300
105
104
(775)
37.533
3,000
2,000
1,440
1,158
300
105
104
156,553
6,886
173,439
TOTAL FUIYDS
373,004
17,997
391,001
Page21
Continued...

North Worcestershire Basement Pro
Liinited
ecls
Notes t the Financial Siatemenls - continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
Comparative net movement in fi]nds. included in the above are as follows..
Incoming
resources
Resources
expended
Movernenl
in fi]nd8
Unrestrlcted funds
General fund
55,010
(53,899)
Restricted funds
Lloyds Baith Foundation
Bronisgrove District Council
The National Lottery Community Fund
Floating Support Reserve
Worcestershire County Council Community
The Eveson Charitable Trust
Worcestershire Children Fi￿t
Westem Powei. Fund
Community Lottery Emergency Fund
Worcestershire Commllnity Foundalinn
Tesco Grant
Post Covid Fund
Awards for all NLF
Uniforni
Wor¢s Community Grant- Boldly goes
Social Prescribing (Application Stati(Jn)
HSBC
HAF
NFU
Co-op client ￿lld
Nationwide Core Costs
Nationwide Summer Activities
Rotary FuDding {Sunllner Activities)
Nationwide Life Skill Sessions
Fine & Country Foundation
Client funding
National Grid Winter Wanner Packs
WF Housing Support
National Grid Core Costs
Small Funders
25.000
23,334
119,335
26,666
(50)
(18,750)
(28,350)
(119,335)
(26,666)
25
(15,000)
(87,088)
(284)
(184)
(472)
{290)
(2,044)
(5,834)
6,250
(5,016)
(25)
(15,000)
87.088
{284)
(184)
(472}
835
(2,044)
(5,834)
273
(1,236)
(471)
(7,953)
(39)
3,221
{775)
37,533
3,000
2,000
1,440
1,158
300
105
104
1.125
273
(1,236)
{471)
(7,953)
(39)
3,221
(775)
37,533
3,000
2,000
1,440
1.158
1,258
4,000
5,000
6,000
500
(958)
(3,895)
{4,896)
(6,000)
(500)
347,881
(330,995)
16,886
TOTAL FUNDS
402,891
(384,894)
17,997
Page 22
continued...

Nonh Worcestershire Basement Pio
Limite
ects
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
A eurrent year 12 montlis and prior year 12 months combined position is as follows-
Net
movement
in funds
At
31.3.25
At 1.4.23
Unrestrieted funds
General fund
216,451
(5,764)
210,687
Resti'icted funds
Private tenancy scheine
Restructuring reserve
Lloyds Bank Foundation
Foiward Housing Association
Bromsgrove District Council
Worcesteishire County Council Conimunity
The Eveson Charitable Trust
Garfield Weston Foundation
we.stem Power Fund
Communtty Lottery Emergency Fund
Woi'ceslershire Community Foundation
T&sco Grant
Post Covid Fund
Awards for all NLF
Uniforni
Worcs Community Grant- Boldly goes
Social Prescribing (Application Station)
HSBC
The Neighbourly Foundation - Sainsburys
3,616
1.266
3,616
1,266
6,250
100,126
6,250
100,126
5,040
841
15,000
(5,040)
(25)
(2,500)
20,833
(284)
(184)
(472)
426
(1,656)
12,500
144
(1,236)
(471)
(9,129)
816
12,500
20,833
137
35
421
219
472
426
3,444
18,334
642
.026
5,100
5,834
498
2262
472
9,129
2,021
45
657
1,000
2,534
2,021
(45)
3,115
NFU
The Grdntham York Trust
Co-op client fimd
Nationwide Summer Activities
Rotary Funding (Summer Activities)
Fine & Counlry Foundation
Client funding
Social Entery)rise
Woirestershire Strength Grant - Food
voucher
Worcestershire Strength Grant - Rent
The Patrick T￿st
J Bishop Counselling
3.772
1,000
662
3,000
1,173
251
120
3,500
(1,872)
3,000
1,173
251
120
3,500
1,000
3,304
2,292
30
1.000
3,304
2.292
30
156,553
35,024
191,577
TOTAL FUNDS
373,004
29,260
402,264
Page 23
¢onlinu¢d...

North Worcestershire Basement Pro
Liinited
ecis
Notes to th Finan
I Statements - continue
for the Year Ended 31 Mairli 2025
16.
MOVEMENT lly FUNDS- continued
A cu)Tent year 12 moiiths and prior year 12 months combined net movement in funds, included in the above are as
folloivs:
Tnconiin8
resources
Resources
expended
Moveinent
in funds
Unrestricted funds
Genei'al fund
124,432
(130,196)
(5,764)
Restricted lunds
Lloyds Bank Foundation
Bromsgrove Dish'ict Council
The National Lottery Community Fund
Floating Support Reserve
Worcestershire County Council Community
The Eveson Charitable Trust
Garfield Westoii Foundation
Woi'cestershire Children First
We8tern Power Fund
Community Lottery Emergency Fund
Woyceslershire Community Foundation
T&sco Grant
Post Covid Fund
Awards for all NLF
Unifom]
Worcs Community Gtant- Boldly goes
Social Prescribing (Application Station)
HSBC
HAF
NFU
Co-op client fund
Nationwide Core Costs
Nationwide Summei. A¢tivities
Rotary Funding (Summer Activities)
Nationwide Life Skill Session5
Fine & Country Foundation
Client funding
National Grid Winter Wamier Packs
WF Housing Support
National Grid Core Costs
Small Funders
Social Ente4)rise
Worceslershir¢ Strength Grant - Food
VOLELher
Worcestershire Strength Grant - Rent
The Patrick Trust
SPF Funding
J Bishop Counselling
50,000
42,668
228,628
53,332
(50)
30,000
25.000
173,257
(43,750)
(47,708)
(228,628)
(53,332)
25
(32,500)
{4,167)
(173,257)
(284)
(184)
(472)
(1,074)
(2,562)
(7,500)
(129)
(1,236)
{471)
(9,129)
(39)
(106)
(1,872)
(37,533)
6,250
(5,040)
{25)
(2,500)
20,833
(284)
(184)
{472)
426
(1,656)
12,500
1,500
906
20.000
273
(1,236)
(471)
(9,129)
{45}
3,115
(1.872)
{6)
3.221
37,533
3,000
2,000
1,440
1,158
2,767
4,000
5,000
6,000
500
3,500
3,000
1.173
(827)
(1,440)
(907)
(2,647)
(4,000)
(5,000)
(6,000)
{500)
251
120
3,500
1,000
3,724
2,500
30,000
670
1.000
3,304
2.292
(420)
(208)
(30,000)
{640)
30
733,521
(698,497)
35,024
Page 24
continued...

North Worcestershire Basement Pro
Limited
ecls
Notes to tlie Financial Staleinenls- continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
TOTAL FUNDS
857,953
(828,693)
29,260
Page 25
ontinued...

North Worcestershire Basement Pro
Limit
ecls
Not s to the Financial
tateinenl
for the Year Ended 31 Mairh 2025
contin
16.
MOVEMENT FUNDS- conifillued
Nature and purpose of funds:
Awards for all NLF
BDC Defra Fund
To cover core costs.
To provide food and other essential items for
clients in the Bromsgrove area
To provide funding for Baseinent Drop-in
(including workshops)
Supported setting up several temporary
drop-in cenlres (additional 'centre points,) in
new locations to reach yoiing people in Crisis
Funding specifically for clients from differ¢nt
organisations.
To provide fvnding for a food bank manager
To provide funding for cltenls.
To provide fijnding for 2 laptops.
To cover floating support fi]nding wben
nding is reduced or ends
To make good any shortfall in funding for the
Drop-Én or Floating Support Service after
April 2022
To cover core costs
To provide fvnding for holiday activities aad
food.
To provide funding for 20 hours of staff time
to help lo develop a Youth Hub in Wyre
Forest as part of a BLF consortium bid
Funded enhanced support for service users -
e.g. providing more substsntial food parcels
and essential items for young people setting up
a new lenancy
Donatiun eam]4rked for cuunselling services
for young clients (funds used to provide or
subsidize professional counselling sessions).
To cover core costs
To cover cor¢ costs.
To provide fiinding for winler wann¢r packs.
To Lover Lore costs.
To provide funding for 48 life skills sessions.
To provide fijnding for trips and activities for
clients.
To provide funding for food bank.
Grant addressing post-pandemic needs - used
lo support projects assisting those affected by
COVID (e.g. mental health, homelessness
prevention, isolation)
To cover bond liability for tenancies sel up
prior to closure of scheme on 31 March 2012
Broiiisgrove Districi Council
Centre Points
Client funding
Community Lottery Emergency Fund
Co-op client fund
Fine & County Foundation
Floating Support Reserve
Fonvard Housing Association
Garfield Weston Foundation
Help through Crisis
HSBC
J Bishup (CouT]selling)
Lloyds Bank Foundation
National Grid Core Costs
Nationkl Grtd Winter Warnier Packs
Nationwide Core Costs
Nationwide Life Skill Sessions
Nationwide Summer Activities
FU
Post Covid Fund
Private Tenan¢y Scheme
Page 26
continued...

North Worcestershire Basement Pro
Lijnited
ects
Note
t the Financial Statements- continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- eontlnued
Restructuring Reserve
To cover TUPE costs and other additional
costs associated with the Worcestershire
County Council contract on cessalion of the
contract
To provide funding for trips and activities for
clients.
Any other small funding.
Funding dedicated to developing a social
enterprise as an extension of The Basemenl
Project'8 work.
Grant from the govemment's UKSPF iniltalive
to invest in community and youth services.
Aimed at improving'pride in place, and
increasing young people's life chances
through community support projects
To provide funding for tenancy sel up items.
To cover core costs
To provide funding for toiletries and food
bank.
To cover core costs
Rotary Fiinding (Summer Activities)
Small Funders
Social Enterprise
SPF Funding
Tesco Grant
The Eveson Cliarilable Trust
The Grantham York Trust
The National Lottery Communtty Fund {fomierly BIG Lortery
Fund)
The Neighbourly Foundation- Sainsbury's
Funding to help alleviate food poverty among
young people.
Grant in support of NWBP'S core work with
disadvantaged and homeless young people.
To provide funding for School uniform.
To provide furniture and ivhile goods for
clients
To cover purchase and developrnent COSts and
website maintet)ance costs
To provide fiEiiding directly for client costs
To PTovide funding for food bank and tenancy
items foi. clients.
To make good any shortfall in funding lo
suppori Ihe running ofihe service
To provtd¢ thnding to alleviate Covid 19
difficulties in em¢rgen¢y situations
To cover core costs
To provid¢ 3 tsblets for stsff and energy
vouchers for clients
To provide fitnding foi Floating Support
Small grant to support community-based work
Grant dedicated to cost-of-livtng support-
used by NWBP to provide supermarket food
vouchers or related food support to young
people facing l)ardship
Grant dedicated to housing crisis support -
used to assist young clients with i'¢nt or
deposits. preventing homelessness amid the
cosl-of-living crisis
The Patrick Tn￿t
Unifom]
Vinci Foundaiion
Websile
Western Power Futid
WF Hou5tng Support
Woi'ceslershire CC Community Grant
W0￿estershlre CC Emergency Covid Fund
Worcestershire Children First
Worcestershire Conllhunity Foundation
Worcesle¥shire County Council
Worcestershire County Council Community
Worccstcrshire Str¢ngth Grant - Food Voucher
Worceslersliire Strength Grant- Rent
Page 27
continued...

Noith Worcestershire Basement Pro
Limited
ects
Not to the Financial Siai
ments - con
for the Year Ended 31 Nlarch 2025
inued
16.
MOVEMEIYT IN FUNDS- conttnued
Worcs Community Grant- 'Boldly Goes,
Project funding (titled 'Boldly Goes,) lo
expand NWBP'S drop-in services beyond
Bromsgrove
17.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
18.
INCOME RECOGNITION
Per the regulations under SORP FRS102, income must be recognised in the period in which il is received and not in
the period in which it is ulilised. Therefore, income wliich has been received in prior years and has not been utilised
until this year is not included within the income figures in the accounts.
This has resulted tn an overall Su￿[US of £l1.263, however, the deficit with regard to income utilised in the period 15
£15,768.
Page 28

North Worcestershire Basement Pro ects
Liinlt
Detailed Sialem
nl f Financial Acti
for the Year Ended 31 Marcli 2025
2025
2024
INCOME AND ENDOWMENTS
Donations and legacics
Donations
Gift aid
37,224
8,394
32,437
1.285
45,618
33,722
Other trading activities
Fundraising events
8,085
13,932
Investment income
Rents received
Deposit account interest
1,667
13,272
6,576
14,939
6,576
Charlt9ble activities
Grants
385,640
347,88 I
Other income
Other income
780
780
Total incoming resources
455,062
402,891
EXPENDITURE
Other trading aCtI￿tIeS
Bad debts
450
Charitable a¢tlvities
Wagcs
Social security
Pensions
Fundraising costs
Training
Workshop costs
Travel expei)ses
Food bank expenses
Legal and professional fees
Consultancy fees
165,001
8,953
6.803
91,791
4,334
4,067
4,560
4,395
3,242
1.036
EO,841
,648
1,207
3,136
4,903
2.421
1,117
8,314
201,855
125,914
This page does not forni part of the statutory financial statements
Page 29

Noith Worcestershire Basement Pro
Liinited
ects
D tailed
tatem
nt of Financial Activities
for the Year Ended 31 March 2025
2025
2024
Charltable activitles
Other
Loss oll sale of tangible fixed assets
55
Support eost5
Management
Wages
Social secui'ity
Pensions
Rlltes and water
Insurance
Light and heal
Telephone
Printing, postage and stationery
Sundry expenses
Travel expenses
Rent
Cleantng and refiise collection
Repairs and inaintenance
Computer expenses
Security
Subscriptions
Accountancy fees
Expenses paid on behalf of clients
Storage costs
141,233
13,172
5,243
427
4,034
4,533
6,555
3,775
142,554
10,878
4,487
393
3,218
3,745
6,126
11,465
9.837
4,255
12,17.1
2,640
482
6.750
525
12,172
2,148
1,918
6,180
666
6,996
8,370
9,934
343
6,590
7,641
18,037
312
233,264
251,583
Fln4nce
Bank charges
Depreciation of tangible fixed assets
300
1,575
242
1,155
1,875
1,397
Govern#nce tosts
Auditors, remuneration
6,300
6,000
Total resource8 expended
443,799
384.894
Net income
11,263
17,997
This page does not fonn part of the statutory fmancial sl&temenls
Page 30