Registered Charity no. 1114773 REPORT OFTHETRUSTEES AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2023 FOR THE THE BRIERLEY HILL PROJECT Page I
THE BRSERLEY HILL PROJE CONTENTS PAGE FOR THE YEAR ENOEO 30TH NOVEMBER 2023 Page Report of the Trustees 3to6 ." lThWendent Exaninefs RÈWI R8cwpts and Pa817t5 Account I Statement d Assets Liablths Notes to the Recapts aTrJ Payments knunts 10-12 P3ge 2
THE BRIERLEY HILL PROJECT REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 30TH NOVEMBER 2023 REFERENCEANDADMINISTRATIVE DETAILS Registered charity number 1114773 Prlnclpal address 24 Bank Street Brierley Hill DY5 3DA Trustees John Cook Iresigned May 20241 Adrian Lowe Christopher Swaithes Judith Forster Anna Fellows Independent examiner Sally-Ann Reeves FCCA Page 3
THE BRIERLEY HILL PROJEcr TRusfEES REPORT FOR THE YEAR ENDED 30 NOVEMBER 2023 The Trustees present th•r port together wth the financial st3lements ofthe charity For the year ended 30 Novernber 2023. Organlsatlonal strutture The 8rierley Hill Project is constituted by a Deed of Trust and is a rwstered charity. No. 1114773. Governance and Mznzgement New tru5tee5 are appointed byexi5ting tmstees. The trustees meet on a regular basis and are supported by management team to whorn the administration of the practical issues arising frorn the daily actNities is delègatÈd. The board of trusS aims to have a broad range of skills represented. in particular finance. busines5 mana8ement, organisational developrnent. training and education. social work and seNice to the community through other charity trusteeships. Oblectlves and a¢tlvltles TO PROMOTE AND ADVANCE THE MENTAL. SPIRITUAL. MQRAI AND PHYSICAL DEVELOPMENT, EDUCATION AND IMPROVEMENT OF CHILDREN AND YOUNG PEOPLE IN ACCORDANCE WITH A FRAMEWORK OF CHRISTIAN PRINCIPLES SO AS TO DEVELOP THEIR FULL CAPACITIES AND ENABLE THEM TO BECOME RESPONS18LE MEMBERS OF soaETY SO ThAT THEIR CONDITIONS OF LIFE MAY 8£ I IMPROVED. TO PROMOTE FOR THE BENEFIT OF THE INHABITA OF BRIERLEY HILL AND THE SURROUNDING AREA I AND THE BLACK COUNTRY THE PROVISION OF FACILfflES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILinES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING I THE CONDITION OF LIFE FOR THE SAID INHABtrANT5. THE PREVENTION OR RELIEF OF POVERTY IN BRIERLEY AILL AND THE SURROUNDING AREA AND THE BLACK COUNTRY BY PROVIDING ESSENTIAL ITEMS. RESOURCE5 AND SUPPORT TO INDIVIDUALS IN NEED OR TO OTHER CHARITIES AND ORfjANISAnONS WORKING TO PREVENT OR RELIEVE POVERTY. Achlevements and Perfomiance The economic condfcions in our area remain challenging as Brierley Hill and Pensnett continue to be in the top IO% most deprived areas of England.12019 Indices of Deprivation Ministry of Housin& Communities and Local Government IMHCLGI. This year has been another busyyear with demand for our servi5 not showing anv sign5 of relenting. The team have continued to work really hard. and we are pleased to report some stats below.. We gave out 11131967 in 20221 fo(bank vouchers during our drop4n service to people in crisis We delivered I17{693 in 20221 adult one to one SUPkN)rt sessions We delivered 175176 irÈ 20221 one-t¢XTrne support sessions to youn8 people We delivered 19 detached yovth work sessions durir¢g which we had 41 c4Jnversations with young people about health & wellbein& 5tayinE safe, economic issues. howto make a pOtive contribution and how they enjoy & achieve. We dellvered 48 football sessions whith were attended by 430 young people. Page 4
THE BRIERLEY HILL PROJECT REPORT OFTHETRUSTEES FOR THE YEAR ENDED 30TH NOVEMBER 2023 hlevements and Perforrnance Icont.) Our partnership relationshlps wr(h Black Country FoodbanL Dudley MBC Welfare Rights and Dudley MBC HornelE5s Team.. rernain important to us as they enable us to continue to provide support to some of the rnost vulnerable across the Borough. We have also worked on new partnerships with kid's clothes proiert, Brierley Hill Baby Bank. Provision House (to name a few) and other statutory promders which allow5 U5 to deliver the serwces we can, while making sure our clnts gei the holirtic support they need. We believe this has helped us continue to strengthen our reputatlDn as we build strong working rèlationships wth these services in our area to work wth hardest io reach Indiwdua15 Wth extrernely cornplex needs. l Thls yearwe spent some time reviewing the staff stfucture and have moved to a model with more sessional worker5 rather than employed staff. This allows us to be agile while very strategic with our approach a5 th ses&onal worker5 are specialised in their areas. We will contrnue to monitor this. This year has been a year of consolidation as we continue to wew tK)th sides of our or8anisation IAdult & Youth servicesl, while also looking at the long-term financial strategy and the possibility of diversifying our income more. Funding remains a challenge, but due to us keepin8 the projett very lean we are confident we are robust and headin8 in the right direction. I We are proud of our flexibility of service and how we can be person centred r3ther than task focused. we I respond to the needs of the individual and stsy connected as long as possible to see real change and progress. Financial review The net outgoing unrestricted and de5igned resources before tran5fer5 for the year arnounted to-£20,617 12022.. net outgoing £26.8171, and net incoming restrict&l resources amounted to £11.96312022= outgoing £6,4631. SeÈ note 3 for tran5fer5 between fvnds. At 30 November 2023 the unrestricted and restricted funds after transfers total £5S,S6512022.. £64,2191 of which £21.245 In desl8nated funds12022 £23,7(KJl and £32.647 In general funds12022 £40,3581 Restricted fund balances after transfers total £1.67312022= £1611_ Reserves and reserves polky The policy agreed by the trustees is to aim to hold in unrestricied reserves not comrnitted or invested in tangible fixed as5et5 Ithe'free. reserves) suffictent to cover the general overhead expenses and salary costs not specifically funded b¥ external agenc$, for a period of six months. At this level, the irustees feel that they would be able to continue the current acbvitie5 of the ch3rity in the event of a significant drop in fundirng. It would then be necessary to consider how the fundin8 would be replaced or aclivities changed. The amount of 'free' serveS at 30 November 2023 amounts to £53,89212022 £64,058). and equates to approxirnately 10 months expenditure. Risk policy and review The trustees have examined the major strategic. business and operational risks that the charityfaces and consider that they are 3dequately mttigated through insuran. strategic plannin& policies. systems and procedures. Page 5
THE BRIERLEY HILL PROJEcr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH NOVEMBER 2023 Futurè dè¥elopments We are lookin8 at several priority areas for the future year- Increasing our mentoring programme for young people which could include more engagement with schools. Reviewing our detach work and the place of that longer terni. Applying for some larger grants to enable lon8 term sustainabilrtv. Working on the board (Ff trustees to gain more people with different skills, while acknovledging some will be coming up to their review period. Continuingto stt on local strategic partnerships to be a voice into policy and local decision making. Trustees The trustees holding office during the whole year unless otherwise ated were as follDWS'. John Cook Irey8ned May 20241 Adrian Lowe Christopher Sw31the5 Judith Forster Anna Fellows In accordance with the trust deed. trustees hold office for three years, and are eligible to be rtrelected. No trustees are due for re-election during the forthcoming year. TrusfÈos' responslbillties In rÈlatlon to the finandal ststements Law applicable to charities in EngLind and Wale5 requires the trustees to prepare financial statements for each rinancial year which give a true and fair wew of the charity's financial artivities during the year and of its rinancial position at the end of the year. In preparing th05e financial statements. the trustees are required to.. select suftable accounting policies and then apply them con51Stently.' make judgments and estimates that are reasonable and prudent- state whether applicable accounting stsndards and statements of recornrnellded practi have been followed subject to any departUTes disclosed and explained in the fiAantial ststements." and prepare the financial statemenis on the 8oinÈ concern basis vnle55 11 is inappropriate to presume that the Charity will tontinue in business. The trustees are responsible for keeping accounting records which disdose with reasonable accuracy at anv time the financial position of the charity and enable them to ensure that the finanoal statements comply with the Charities Acl 2011. They are also responsible for safeguarding the asset5 01 the charity and hence for taking I I reasonable steps for the prevention and detection of fTaud 3nd other IrrUlarItie5. The trustee5 are responsible for the maintenance and integrity of the chartty and financial information included on the charoy's website. Approved by the trustees on11 Jol* and signed on their behaw by C Swalthe5 Chalmian of the Board ofTrusteès Page 6
THE BRIERLEY HILL PROJECT INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30Th NOVEMBER 2023 I report on the account5 for the year ended 30th November 2023. Responsibilities and basis of report. the charity trustees of the Trust you are resF)onsible forthe Preparation of the accounts in accordance with the requirements of the Charities Act 20111'the A1. I report in respert of my examination of theTrust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent Examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connertion with the examination grving me cause to believe that in any material respect- Accounting recor¢Js were not kept in respert of the Trust as required by section 130 of the Act.. or The accounts do not accord with those records. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable proper understanding of the accounts to be reached. S A Reeves FCCA Broadway Worc5estershire 23rd April 2024 Page 7
RECEIPTS AND PAYMENTS AccouKrs FOR THE YEAR ENDED ER 2023 Unre5trirted FLFnds 21)23 BeS¢ted Funds 2023 Total Funds fvnds Totsl Funds Note5 2023 2022 RECEIPTS Gifts Donatlons Gift Aid tsx recovered Grant5 Receipts from Charitab artiwties Interest and dividends Receipts from SerVQ$ rechar8ed 4a 4b 2.934 27,218 3321 4.750 3.934 34.754 5,346 27,715 1,095 36,783 6,567 11.896 833 104 3.150 7,536 1.425 2.750 20,215 4f 728 728 TOTAI RECEIPTS 39551 12.711 20,215 72,477 60.428 PAYMENTS Direct charitsble artivity DonatlQn5 and grfts Costs of generating funds 53 5b 47.426 230 371 14R47 18.2S2 80.525 235 371 90.480 711 2,S17 TOTAL PAYMEwrs 48.027 14.852 18,252 81,131 93,708 NET OF RECEIPTSIPAYMEKrs 18.4761 12,141} 1.963 18.6541 133,2801 Transfers between funds 765 13141 14511 CASH FUNDS AS AT 30111n022 40,358 23,700 161 64,219 97.499 CASH FUNOSAS AT 3011112023 32,647 21.245 1,673 55.565 64.219 Page 8
BRIERLEY HILL PROJE TEMENT OF A55ETS AND LIABiimES AS AT 30TH NOVÉMBER 2023 Total Funds 2023 Tot•1 Funds 2022 Notes Fund5 Z3 fund5 Z073 Funds 2023 Cash fvnds Current accounr Deposit accounrs Pelty cash 7,085 48,316 164 6,457 57,588 174 25,398 164 21.245 1.673 32.647 21.245 1,673 55,565 64,219 oiher mon*tary assets Gift recoverable 272 99 371 489 The financial 5tatempnt5 were approved by the Board of TTUStee5 On_ and were signed or. its behalf by.. C Swaithe5 Tru¥È@ Page9
NOTE5 TOTHE R IPTS FOR THEY 2023 2022 5313rTres and wages Penlln costs 28,342 581 28,923 411 45,489 The avera morthtynumberolernployeesduiirrfthe yearwas 212022." 41 Durlngthe year. trv#eeJohn Cook invoiced the Iharity£ 12.LIX)11021 £SL4JI forpToje managernent consuhanryfees. NooiherTru5tee5 werepaid any remuneration or reteNed benefits dvrfng the ytsr12022 £Nill Mo¥emEntin fiJnd5 The mo¥Èw*nts in de5iÉnatÈd ènd ttstrittedlunds duriwthÈyÈarwere: Re¢eipts Payments Transfer5 Balance c/fwd 3011V2023 oV1212012 General lunrestrlcted 0,358 39551 48.027 765 32.647 Youth Fund Asda AdverDsin£ Homeless Fund 21.459 218 11.575 13.157 1961 19.781 2.023 23.700 1.136 1.5 14.2 141 21.245 Ilestrfded AsYard5 forall-geneRI Make It Ftsppen pcc west Midlar)ds DUdyc0rnunl1¥ Forurn Dud¥ Poverty Fund 10.L 10.LKK) 2.412 1.3 2,161 1.803 4208 18.252 251 13701 1.422 1.573 2U.215 TOtalfd5 64.219 72.477 81.131 55.565 Movement fufidsf0rtheyended 30th Nr14ernber2022 Balance bllwd 0111212021 Receipts Payrnents Transfers Balan clhvd 3011112022 General lunrestrktedl 71.723 41.561 73597 13291 40.358 Deslgnaied Youth Fund Asda Advert15ing Homele Fund 17.TT4 4.898 782 1.572 7.252 (8021 21.459 218 1509 20,283 2.023 23.700 11,471 18021 Ii•rKted Lottery. Bankstreet Make Vt Happen dbury Trust Dudlcy MBC poverty Fund Active Knrfe Crime 5.493 1.074 913 370 370 4.672 5,474 129 5.493 161 Totslfvnds 97.499 60,428 93.708 64.219 Pa8& 10
THE BRIERLEY HILL PROJE OTESTO THE RECEIPT5 AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30TH NOVEMBER 2023 Further analysis of Receipts Unrestricted Designated Rtstrlrted Funfts funds Funds 2023 2023 2023 Total Total 2023 2022 Receipts Gifts One off gifts 2.934 i.(M)O 3,934 1.095 bl Don*ions Regular donations 27.218 7.536 34,754 36,783 Gift Gift Aid tax recered 3.921 1.425 5,346 6,567 dl Grants Grants from institutions 4.750 2,750 20,215 27,715 11,896 ReIP1S from charltable actlvStles Mentors fees 833 Intere# and divldends Deposit account interest 728 728 104 gl Recdpts frorn Services retharued Services recharged to LittlÈ Acorns SeNices recharged to Integrated Plus 2,650 500 3,150 TOTAL RECEIPTS 3951 12.711 20,215 72,477 60.428 PagÈ 11
ILLP HE RECEIPTSAND PAYMEPITS ACCOU DED Further anatysts of P8ymer Unre5trirted Denated Restricted Fynd5 lund5 FurK15 2023 Z023 Totsl Totsl 2023 2022 Payrnents Dlred charhabte artl 18.342 581 551 io,( 28,342 581 582 4,719 I42 44,821 668 485 1,427 i.oii 504 Pension costs Departmèntal expee5 Client support gifts Property insurance Repairs & renewa15 Refurbishment tsf 8ènk Street" M3intenance contrarts Hebt, light and water Cleaning Sessional wurkers pav Sessh)n work football Se55H)n work mentoring Telephone & Broadband Stationery. printinE ènd postage Subscription5 Advertising DBSthe¢k5 TravÈllinE & suts15ten Hire of equipfflent13D pitch Equipment for attivities Equipment forgeneral use Refreshments Trèinin8 and worker devdopment Rent aTrd room hire Consumables Sports Coathing Management consultar¥ Bank charges IT support and thare Independent examination Legal fees Accountsncy 31 192 L042 1.712 2.8JS 11,462 668 2,660 456 ,142 387 2.342 629 387 2.342 629 8,673 1.695 1.380 635 131 8x126 555 157 1,140 1.380 635 826 434 35 16 95 79 558 761 225 225 381 1.932 138 1,883 3,815 138 1.434 3.698 210 929 14 196 1,238 155 155 722 2.8 439 2,136 500 70 555 450 550 2,140 90.480 351 397 1,872 12,LXK) 71 1.322 450 71 1,322 450 2.629 47,426 2,629 80,525 14A47 18,252 DOaOn$ and £ffts other grfts 230 235 711 Costs of 8eneratlnglurs Fundraisin8CQ5ts Webstte 21 2,496 2,517 371 371 371 371 TOTAL PAYMENTS 48,027 14,852 18,252 81,131 93,708 'Year ended 30th Novernber 2022 includÈs shuttÈrstotalling£5.502. FundinB was received frorn Lottery (Awèrds for Ajll toward5 the lost of additional securtty. iovefing thecost of the shutters. Paqe 12