REGISTERED COMPANY NUMBER: 07077838 (England and Wales) REGISTERED CHARrrY NUMBER: 1134459 Report ol the Trustws and Unaudited Financial Statements for the Year Ended 30 September 2023 for Th• Purbm) {Easl Birniingham) Llmited Locke wifiams Assctiates LLP Chartered Accountants cjo Blacklhom House St Pauls Square Birmingham Vesl M*Jlands B31RL 'ACWP¥IAW'
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COMPANIES HOUSE
The Pwnp IEast Birmingham) Llmlted Contents of the Financial Statements for the Year Ended 30 Sepl•mbei 2023 Pag• R•port of th• Trustees Independént Examinerfs Report statemenl of Financlal Actfvttl•s Balance Sheet Notes to the Financial Stalem•nts 9 to 15
Tho Pump (East Birnilngham) Limited Report oflhe TnffjtS for the Y•aT End 30 Septemb•r 2023 The trustees who are also directors of the charty for the purposes of the Companies Act 2006. present their report with the financial staleffents of the ch8rrty for the year ended 30 September 2023. The tnjstees have adopted the provisions of Accounting and Repofts"ng by Chanties". Statement of RecoMnded Practice applicable to charities Pfepann9 their acts)unts in accordanee wrth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffectsve 1 January 20191. OBJECTIVES AND ACTMTIES Objectives and aims The project now known as The Pump inibated by the then Prince of Waks to improve the provision for youn9 people in deprived urban areas. BirmirKJham City Council took foTh¥ard the project in dose collaborab'on with the Princes charit$ and in consUltatn with kxal young people. The Centre 0rted in 2007. The Trust was estsblished as a Chanty in 2009 wrth intentn of taking over the buildirvJ via a lease and taking lull responsibility for the centre but eontinuing to operate in a close partnership with the City Council Youth Service. The buihjirg lease to)k effect from May 2013. Main obje¢tfve$ for the yeav The Trusts mission is to cOMe and beacon and source of In$pirntlon for th• personal development of young people. have agreed to carry out our work in a¢¢Ordan wrth a set of Core values". 1 Inspiration- stimulating learning and enU[agIng creative thinking. 2 Participation- to encourage the xtive mvolveffEnt of young people and work partnership with our local community. 3 Equality and diver5ity- valuing drfference and treating everyone wth ffjspect and challenging oppression and plUde. 4 Raising aspiration- realising the Wenlial and tnts th exist wilhin al young peOe 5 Quality - aayS bokn'ng for new and better yS ofworking 6 Empowem)ent- plaong yt)ung people at Ihe heart of deowy making by increan9 capacty to make infomied thoices. The Trust uses an information management system Iviewsl that hohy all dats pertaining lo our work. This enabfes us repcfft on our SLttesses with quantthety arml other nh8nm$ used gNes us a rarye of quality data we can use to report impacL A company rJasht)ard is produced each quarter ts Ihe board detaiLs the achievements for the quarter including numbers of le?mers, qualIficatnS gained et Publle b•n•fit In setting these obJectNes and aims. the Trustee5 have gr¥en due reg¥d lo the guidance published by the Charity Commiss on Publtc 8enefiL ACHIEVEMENT AND PERFORMANCE A¢hi•vements for the year 100 % c¢cupancy on ntaI)le spa. giving a diverse partnership lo the tharity and deveh)pffnl of partnership working - e.. g eaty help. 8usiness planning process compkted. and new Tr)b roles identif. Secured new staff to leaj on key areas of Work - yOLrth work. AJ¢ist In residence 5e¢ured and more youth led music making xtivty. Devekjpmenl of Youth Team- training and areas of specialism Improved marketing wilh actNe soual medva and wth.te deVelopnnI to drive captr4e audiences. Free meal offered to all young people vBibng youth clLFb. La¥ge event for local community in June- celebrab.ng The thdrush GeneratKin annrSY to showcase for our young performers. Replaced Cty CourKil phone Wrfh our ¢)wn telephony systerrs giving greater independence. Page 1
The Pump (East Birmingham) Limited Report of the Trustees for the Y•ar Erbded 30 September 2023 FINANCIAL REVIEW Financial results It has been one of the most challenging years in our history, 7Mth a diU extemal operating environment in terms of cost of living arKI a reduth'on in youth SectoraSed funding. The City Council is facing unwecedented financial diffitsJltie5 whith presents unpredictability for us in tems of ontsnued funding of key staff and lor City Counul lenanls who occupy rented space in the building. However. il (bukj also provlde new opportunities tl ywth Ser¥S are fvrther reduced. We have also found our fvndraising aclNty extremety challenging wth a drop in income of 50% due to high demand on the limited lunds available. This now presents chaInge5 in lerms of meeting our operating costs and is a massive hil lo our reserves our financial accounts showing a decrease in net funds of £167,711. Fortunalety, we were able lo build strong fe5er¥es in previous years which have provmded a cushion thi5 year. This now leaves our SeeS much depted incfeasing Ihe challenges in the coming year. In previous years the trustees also agreed to eamiark funds for caprtal and major paIrS to the buihjing and we wrll ntInue to use this fund to carry out an essential upgrade lo our b0r room. th our business pbanning complete we must focus our fvndraisiNJ efforts to alwn and find ways lo bnng in core income and caprtal to maintain our iicreasingty demanding buildiThJ. Res•rve$ pollcy The Trusts policy on reserves has been to maintain a e1 of serveS to cover operation5 for al kas112 months in the event of unexpected k*SS of revenue- grants rents et¢. lo give bme lo replace income from other sources. This has never been more apparent than thi5 yew. as have been able to lall back on re5eNes with a reduclb)n in income. This d¢)es now mean we have tess of a cushtsjn and wll need to Carefully review all our costs. Pfoiect reserves are speci to indNidual prwts and are ring4enced unld spend against the project 15 achieved. AI 30 September 2023. total reserves were £226.929, of whh £1351 were held for restricted purposes. A rther £40.067 has been designated lor tuture specthc use. leaving free reserves of £186,897, a decrease of È64,795 from the prior year. D¢slgnated fund The Trustees have set aside fvnds for essential buildirbg eostslrepaits as the buildiry is now 17 years old and we are finding the level of maintenance required is infftasing, partYla the plant equipment. The boilers ère old and costing us money not On in energy Consumptrt. but constant refurbishrrntwlth parts becoming hard to source. Trustees have agreed lo carrying fonward lunds from our desNJnated fund last year las notsd in accounts) of £40,7. to meet the he¥e1 building demands. Page 2
The Pump {East Bimiingham) Limlted Report of the Trustees for th• Year Eftded 30 S•pt¢mber 2023 PROPOSED NEW AREAS OF WORK Develop more targeted work to address Spe areas of rthJ". 1 Younger young people 2 Young people with addth.onal needs 3 Mentoring 4 Youth violence Develop our NCFE training centre 51abJs by offering more courses and traiiing OPPOrtunilies. Create more commercial trading opportuntb.es ty expanding and devek)ping our work with schools and Altemative Provisions for visib.ng groups lo utilise our Creative Spxes. To develop bespoke Social Emoli¢)nal Mental Heatth support for Childrt and Young Peop in and out of school. through targeted interventEon and info¥mal routes. Cafè- our café has been out of ath.on due to maternity kne, atthough n(hV much more embedded into our youth work offer. we aim to devebp this provision to indude m¢xe training and enlerpnse. Increase our work wth 16- 19+ artyjnd empb)yats'h'ty and training. Increase the number of volunteers. to gNe additnal capa¢ity. Expkire with residents running activities on a weekend and co design of pn)grarnines and services. Re¢ruil more Trustees, focus on s¢1#15. maeting. business. Contsnue upgrade nerkS of IwJhting Iplant lo be more ecobgical and sustainab. Ramp up our Youth Voice work. with our'wiat you are saying" campab9n. to tru embed co deSn with young people in all we th. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by rts goveming documenL a deed of trust. and constilules a limited company, limited by guarantee. as defined by the Companies Act 20C6. The goveming dCcuffnt is its Arths ofAsscoatw adopted on 16 November 2009. Charlty conslltutlon The Pump (East Birminghaml Lirnited is a tharity. inwporated under the Companies Act 2006 as a private ompany, limrted by guarantee. its registered office in EnglarKI & Wale$ and re9iStered with the Charity Commission in February 2010. Recru•tm•nt and appointment of new trustees The Trustees. who are also Directors ofthe company, seloutabove seNed throughout the perio(l of this report The Trust also engages publc and pnvate sector partnets in the rkwnagemenl of the TrusL StNcture and declslon maklng Day to day SponSibl1111es he wth the PfoRd Direclor. Chart)tte Linfrjrth. and a sm41 team. made up of delivery staff and support staff. The Project Directof p(ts direth lo the Trustees. on 41 operakn'onal actNrty. financial issues. and development of Ihe business p. The Proie¢l Oire¢tor is employed by Bimiingham City C¢)uncil underdifferent lerms and conditK)ns. &"nce 2016 an agreement has been reached lor the Trust lo pay 50% of the Piojecl Directors cost. The Trust works to ISO 9001 qualty management system standard and has retained its certfficalions year on year. The poliaes, processes and prowlures required for planning and execub.on enab us to manage the core business Trust Audits are carried out throughout the yw and al polw and procedures induding risk assessments are reviewed 6112 monthty. R•lationship wlth related parties Key relationship with Bimingham C1ty Couwl as The Pump is a strategic hub in their structure and houses youth work stsff, however this has duced SnifandY er the last 10 years. Siralegic relationship with private sector company. Areonic pk. remains mtM)rtant in terff of profile and funding opportunil$. Paye 3
The {East Birniingham) Limttsd Report of the Trusttts for the Y•ar End•d 30 Sept•mb•r 2023 STRUCTURE, GOVERNANCE AND MANAGEMEKr Risk management The trustees have a duty to identfy and rewew the risks to which the charrty is exposed and to ensure appropriate eontrols are ift place to provbje reasonable assurance a9ainsl fraud and error. Any major risks and issues fomi part of the quarterty board meetsng, or urgent matters thorough Chairs action and with ISO 9000 accredilalion, the Trusts systems and processes for managing risk are ciearty mapped and idenlifigd with correclive and preventive actstsns in pl*e. REFERENCE ANO ADMINISTRATIVE DETAILS Registered Company number 07077838 (England and Wales} Règlsttred Charity number 1134459 R•yisl•r•d offi¢• The Pump 286 Kitts Green Road Bimingham 833 9S8 Trust•¢s 8 SummeTS- Chairman A M Holding Miss L M Edwards Mrs M E BaN (resigned 17.4.231 RKey P Edmundson (appointed 19.4.23) Company SKr•lary iss J M Barrett d•pendent Examiner Locke Wlliarns Associates LLP Chartered kcountanls clo Blacklhom House Sl Pauls Square 8imiingham West Midlands B31RL 8ankern Uoy¢Js plc Approved by order of the board of trustees on OS-Fetp2024 and sned on its behalf by.. B Summers- Trustee Page 4
Ind•p•ndent Examinerfs Report to the Ttee$ of The Pump {Ea$t Bimiingham) Limited Independènt•xamin•fs rgporttothe trustees ofTh8 Purnp (East Birmlngham) Limitedllhe Company) I report lo the charity trustees on my examinatK)n of the accounis of the Compony for the year ended 30 September 2023. Responsibilities and ba$1$ of report As the ¢harity's twstees of the Company land a150 its directors for the purposes of company lawl you a responsible for the preparation of the accounts in accordance with the requirements of the Companies A 2(¥J61'the 2006 Acr). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carrie(J out under SeCtn 145 of the chanb.es Act 2011 {Ihe 2011 Act'l. In cafrying out my examination I have folkn¥ed the DireclThs given by the Charity ComMisn under Section 145151 Ib) of the 2011 Ael. Independent examineV$ ststemenl I have completed my examinats"on. I c(Nifim that no matters have CO to my attention in eonnection with the examinat*)n gwing me cause lo believe. accounting records were not kept in respect of Ihe Company as required by Sectrjn 386 of the 2006 the accounts do not accord with those records., or the accounts do not comply with the accounb.ng requIrnents of Sectron 396 of the 2006 kl other than any requirement that the accounts give a true and fair vw which is not a matter considered as part of an independent examinatKJn", or the accounts have nol been ppa ¥1 CdanCe wth the meth¢xls and principles ofthe Statement of Recommended Practice for accounting and reporting by charities {appIlble lo charitie5 preparing theii accounts in accordance wrth the Financial Reporting SLdard applicable in the UK and Republ of Ireland IFRS 10211 "I have no concerns and have come 0s3 no other matters in connection with the exanrnaln to which attention should be drawn in thts report in orfer enable a proper understhding of the accounts to be reached. David wlliams FCA FCCA Locke Williams Ass(xsates LLP Chartered Accountants clo Blackthorn House Sl Pauls Square Bimingham Wesl Midi8nds B31RL Dale.. 05-Feb-2024 Page 5
The Pump {East Birrninghaml Limll Statement ol Financial Actiyill¢s Ilncorporating an Income and Expenditurn Account) for the Year Ended JO September 2023 30.9.23 Total funds 30.9.22 Total funds Unrestricted Restrthd funds fijnds INCOME AND ENDOWMENTS FROIA Don81ions and legacies 33 101.296 101,329 368,268 Olher trading actwit5 Investment income Other inrne 60.611 271 60.611 271 46,422 40 418610 EXpENDURE ON Charitable a¢tlvities The Pump 108.151 226.404 400 485 NET 1NCOMEI{EXPENDUREj Transfers betwe¢n funds 142.6031 35.8301 1125.108) 18,125 Net movomenl In funds 178833) 189.278) {167.7111 18.125 RECONCILIATION OF FUNDS Total funds brought forwaf 305,397 394.640 376,515 TOTAL FUNDS CARRIED FORWARD 226 964 35> 394 640 The notes f(Krn part ofthese financ statements Paje 6
The Pump (East Blmiinghaml Limited IR•glster•d number. 07077838) Balance Sheet 30 SoptsMr 2023 30.9.23 Total funds 30.9.22 Total funds Unrestrthd RestrKled funds funds Notes CURRENT ASSETS Debtors Cash at bank 389 279 557 389 279.522 602 441,270 351 279.946 (351 279.911 441,872 CREDITORS Arnounls falling due within one year {51982) {52.982) 147,2321 NET CURRENT ASSETSI{LIABILmES) 35 226.929 TOTAL ASSETS LESS CURRENT LIA81LITIES 226.964 226,929 394,640 NET ASSErs 226.964 35) 226,929 394,640 FUNDS Unrestricted funds.. General fvnd Capital projects 186,897 40.067 251,692 53,705 305,397 Restricted frjnds 35) 89.243 TOTAL FUNDS 226 929 The charitaL4e company is entthd to eXernpn frorn audit under Seth"on 477 of the Companies Acl 2006 for the year ended 30 September 2023. The members have not required the company to obtairt an audit of ils financial statements for the year ended 30 September 2023 in accordance wrth Section 476 of the Companies Act 2006. The trustees aCKnoedge their resFM)nsibilities'for la) ensuring that the charitable company keeps accounting records Ihat e4Jmpty seckn.ons 386 and 387 of the Companies Act 26 and preparing financial ststements which gwe a Inje fair vtew of the state of affaits of the charilable company as al the end of each finanual year and ol its 5uIyus or deficit for each finanaal year in accordance with the requirements of Seckns 394 and 395 and whh othefwise comply with the requiremen15 of the Companies Aci 2006 relabng to financial statements. so far as applicable to the charrtable company. Ib) The notes frjmi part ofthese finala1 statements Page 7
The Pump {East 8innlngham) Llmlted (Reglst•r•d number: 070778381 Balance Sheet- continued 30 September 2023 These financial statements have been prepared in accordance wilh the provisions appltcable to charitable ompanies subject to the sm811 CoMpanS regime. The financial statements were approved by the Board of Trustees aThJ authonsed for L%$ue on 05-Feb-2024 and were svJned on its behalf by.. 8 Summers- Tnjstee The rntes frm) part of these financial slalements Page 8
The Pump {Ea$t Bimiingham) Limit•d Notes to the Financial Slatement$ for the Year Ended 30 S•pt8mbor 2023 ACCOUNTING POUCIES Ba$ts of prnparing the financial statements The financial statements of the charitable company, is a publt benefft entity under FRS 102. have been prepared in accordance th the Charrties SORP IFRS 1021 'Accounting and Reporting by Charities.. Staternent of RecommerKled Practice apph'cable to charits'es preparing their accounts in acwrdance with the Financial Rw)rb"ng Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 (effective 1 January 20191., Financial Re"ng Standard 102 The Financial Repo"ng Standard applicable in the UK and Republic of Ireland. and the Companbes kt 2006. The financial statements have been prepared under the historical cost convention. Incom• All income is reuygnised in the Statement of Financ1 AclNikn"es once the charrty has enb"tlemenl lo the fijnds. il is probable that the inwme will be received and the amunl can be measured reliably. Income from govemmenl and other grants, whether'cap'tsl. grants or 'revenue' grants, is recognised when the Chafity has enliuemenl lo the lunds. any perfo(mance conditions attached lo the grants have been mel, it is prr)able that the Inco wll be receNed and the amount can be rrSured reliably and is not deferred. Income from trading aclivibes 1ndL5 incowe earned from fvndraising events and trading activrties to raise funds for the charity. Income is recetved in exchange for SUPPtying g<y)ds and seNices in order lo raise fvnds and ts recognised vthen entillement has occurred. L)onated serv$ and facilities are regnIsed as income when the charity has control over the item, any nditn$ associated vrith the donated item have been r, the receipt of economK benefit from the use by the charity of the item is probable and that en0 benefft can be measured reliably. In accordance with the Ch"eS SORP IFRS102). general volunteer ts"m is not C3n1$ed. On receipt, donated professional services and ¢Jonaled lacilib.es are feccfvJnised on the basis of the value oflhe gift lo the charity ¥¥hh is the amount the chanty would have been wrlliftg to pay to obtain serv¢ces or facilities ol equivalent economic benefrt on the open market.. a corresponding amount is then recognised in expenditure in Ihe period of receipt Interest on funds held on deposit is included when receivat4e and the amount can be measured relk?bty by the charty.. this is normally upon notsficab.on of the interest paid or payable by the Bank. Expenditure Liabilities are recognised asexpenditure as soon asthere is a legalor construckn.ve obligakn.on committi'ng the charity to that expenditure. il is probable that a transfer of economic benefits WAI be required in settkment and Ihe a)Unt ofthe obligaiion can be measured reliabty. Expenditure is accounted for on an accrua15 basi5 and has been clas5if*d ufKler headings that aggregate all cost related lo the category. Where eosts cannot be directty attributed to partsculaf headings Ihey have been alWted to acb"vrties on a basis consistent wrth the use of resources. Irrecoverable VAT is charged as a wtst against the xbvty for whth the expenditure was IncUd. Taxation The chanty is considered to pass the tests set oul in Paragraph 1 Schedule 6 FinarKe 2010 and therefore il meets the definition of a charity for UK corporathjn tax purposes. Accordingty. the charity is potentially exemptfrom tsxatson in respectof inco orcapital gains TeceNed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2020 or Sects)n 2 of the Taxation of Chargeable GnS Act 1992, to the extent that suth income or gains a appld exclusNety to charrtable purposes. Fund accounting Unrestricted fvnds can be used in accordance wth the dwrtabbe obi'ectsves at the discretion of the trustees. Page 9
The Pump (East Blffliingham) Lim6ted Not•s to the Financial Statements- contlnued lor the Year Ended 30 Septem1 2023 ACCOUNTING POUCIES- ntinUed Fund accounting Restricted fvnds can onty be used for parbcular restricted purposes within the objects of the charity. Restrictions arise when spectfied by the donor or when fiJnds are raised for particuLar restricted purposes. Further explanakn.on of the nature and PUfPKEe of exh fund is induded rn ihe notes lo the financial statements. Debtors Trade and olher debtors are reccgnised al the settlement amount due after any trade drscount offered. Prepayrnents are valued at the amount Prepaid after taking account of any trade d¢scounts due. Cash 4t bank and In hand Cash at bank and cash in hand indudes cash and short tem highty IK4uid investments with a short maturity oflhree months orless Ifom the date ofacx4uisib.on oropening ofthe deposit or similar account. Credltors and pMvl$lon$ Creditors and provisions are recc*Jnised where Ihe ehanty has a present obligkn'on resulting from a past event that will probabty resull Ihe transler of funds to a third paty and the amount due to settle the oblvjation can be measured or estirnated reh'abty. CdItorS and provisions are normally recognised al their settlement amount after allowHVJ for any tra(le ¢Jiscounts due. Pens40n costs and other postaretirement b•nefitS The charitab5e company operates a defined contributKJn Pens scheme. Contn"but(ons payable to the charitable company's pension scheme are charged to the Statement of Financol Activities In the period to whKh they relate. OTHER TRADING AcMvmES 30.9.23 Total fund 30.9.22 Total funds Unrestricted ReStrted funds Rents an¢J seThice charges Room hire Play scheme Café and honesty bar incoffe Other income 48,092 3.083 65 S16 8.855 48.092 3.083 65 516 38,893 4,618 374 20 INVESTMENT INCOME 30.9.23 Total fund$ 30.9.22 Totsl funds UnrestrKied Restricted funds frjnds Depowt accounl intere51 271 271 P¥Je 10
The Pwnp (East Blmiinghaml Limited Notss to the Financial Ststements- continued for the Y•ar Ended JO Stptember 2023 TRUSTEES. REMUNEIiATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022. Trustees. expgn$•8 The We no trustegs. expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022. STAFF COSTS 30.9.23 30.9.22 Wages and salarres Social Security costs Other penn costs 165,059 3.923 195.981 6,550 3.999 206,530 The average monthty number ofempkjyees during the Year$ as fr)Ilow>" 30.9.23 13 30.9.22 Staff (4 fv11 ttme & 9 part tsme) Interns 13 13 No employees received erThYuments in excess of£60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Unreslricted Rested fvnds fijnds Total lunds INCOME AND ENDOWMENTS FROM Oonalions and legacies 102.643 265,625 368.268 Other trading athiitse$ Investment Income Other income 46.422 40 46.422 40 3.880 Total 265 625 418,610 EXPENDMJRE ON Chadtable a¢tivi¢i•s The Pump 255,281 400,485 NET INCOP 7.781 10,344 18,12S RECONcLNnoN OF FUNDS Total funds brought foThMrrl 297.616 78.899 376,515 TOTAL FUNDS CARRIED FORWARD 305 397 89,243 394,640 Pè3e11
The Pump (East 81rmlnghaml Limlted Notes to the Finan¢lal Statements- ¢oTrtinu¢d for the Year Ended 30 Septsmbor 2023 DEBTORS.. APAOUNTS FALUNG DUE V•lTHIN ONE YEAR 30J.23 30.9.22 Trade debtors 389 602 CREDITORS: AMOUNTS FALLING DUE virTriit4 ONE YEAR 30.9.23 30.9.22 Trade ¢ditOrS Social security and other taxes Other cfeditofs Accrua15 and deferred incoffe 9.454 1.363 615 7,174 4,416 842 52.982 47,232 MOVEMENT IN FUNDS Net )vement in fvnds Transfers betrleen funds At 30.9.23 1.10.22 Unrestricted funds General fvnd Capital projects 251.692 53.705 128,96S 13 6381 135,830) 186,897 305.397 141603) (35.830) 226.964 Reslrictsd fund5 Arconic global internship prr>Jr8mrr BBC Children In Need Small Grant SONYIAIV- Youth Justice Fund BIOB Streetgames- Holiday Programme Arconi¢- Creative Cty of 1000 Trades BCC PohWER NNS Fund SONY- Swal Justice Fund 452 50.791 14S21 150.791) 138.000) 1351 (35 TOTAL FUNDS 167.711) 226 929 Page 12
The Pump {East Birmingham) Limited Not•s lo the Financial Statements - Continued lor th• Year End•d 30 Septemb•r 2023 MOVEMENT IN FUNDS- continued Nel movement in funds. included in Ihe above are as folThvs". Incoming Resources resources expended Movement in funds Unrestrlcted funds CeneTal fund Capital projects 65.548 194.5131 13 638) (28.965 136381 142.6031 Restricted funds Arconic global internship programft BBC Chrldren In Need Small Grant SONYIATV- Youth Justice Fund BIOB Slreelgames - Holiday Programme BBC Children In Need Small Grant 8 National Lottery- Million Hours Fund Summer Programme BBC Childrn In Need Large Gfanl B Arconic- CaliVe City of 10CQ Trades BCC BHam 2022 Creative cty grants BCC - Food Legend & FoThJ Infrastructure Funds BCC PohWER NNS Fund Big Lottery Community Fund SONY- Socia Justice Fund 14521 (50.791) (452 150.7911 16,776 10.500 {16,7771 {10,500) 10.000 43.172 (10,OGOI 143,172 138,000 {1.000 138.0001 18.000) 11,8831 110.000 35 830> 1351 10.000 35 8301 125 108 TOTAL FUNDS 166.844 334 5551 167 711) Page 13
The Pwnp (East 81rn1inghaml Limited Notes to the Financlal Ststements - continued for thè Year End•d 30 Septsmbw 2023 MOVEMENT IN FUNDS- continued Comparatives for movement in fvnd• Net movement hjnds At 1.10.21 30.9.22 Unrestrfcted funds General fvnd Caprtal Propcts 230.698 66.918 20.994 132131 251,692 53,705 297.616 7.781 305.397 Re8trl¢ted fvnds Arconic global inlemship programme BBC Children In Need Srnau Gwt Levi's- music studio project YoLth Music Incubator Project SONYIAW- Youth Justice Fund BIOB SITeelgames - Holthy Programme Mus¢ Fusit)n (MaVeks4 Ajbuml Ar¢onic- Creative Cty of 1000 Trades 5,394 3.316 7,625 15.597 46.467 (5.3951 (2,8641 (7,6251 115.5971 4.324 452 50.791 15001 38.000 38.000 78.899 10.344 TOTAL FUNDS 376.515 18,125 394.640 Comparative nel movement in lunds. inckwjed in the above are as follows.. In¢oming resources Resource5 expended Movement In fvnds Unrestricted funds Gener81 fvnd Capitsl projects 152.985 1131.991} 13.213 20,994 132131 152,985 1145.2041 7.781 Res¢rl¢ted funds Arconic global internship programme BBC Children In Need SM1 Gt Lew's - music studio project Youth Music IrKubalor Project SONYIATV- Youth Jusb"¢e Fund SiB- Enterprise Development Programme 8108 Slreelgames- HdKlay Progfam Music Fusion (MaverKks4 Ajbuml Lets Create Jubilee BBC Childn lft Need Large Grant 8 BHam 2022 Commonwealth ArcOnI Creative Cty of 10Crf] Trades Employability UK- Kickstart 18.929 124.324} 17,8641 (7,6251 118,5971 145,6761 15.3951 12.8641 {7,6251 {15,597 4,324 3,000 50,0 21.770 121,770} 24,016 124.0151 15001 18,2501 {43.1721 (16.1021 13,1831 34.2031 (5001 8.250 43.172 16,102 41,183 38,000 265.625 255.281 10.344 TOTAL FUNLIS 418.610 400,4851 P•3e 14
The Pump (East Binninghaml Llmilad Notes to the Financial Statements - continued for the Y•ar End•d 30 Septwnber 2023 MOVEMENT IN FUNDS- ¢ontsnued Det•ils of restrkted funds: SONYIATV- Youth Justiee Fund .' to take an integratrve STEAM approach to youth work with a creative hands-on appr¢)ath to designirg. makn"NJ. reqcling, planning & Iring. BBC Chihjren In Need Small Grant B . lo deliver playschemes for disadvantaged children - via 1 week in Spring. 2 weeks in Summer & 1 week in Autymn. conic Creative City of 1000 Trades An empksyability proieci of ereatrve STEAM workshops, accredited training, volunteeiing opportuNb"es and work experience, to support young people towards EET ovlcome$. Lottery Million Hour5 Fund- Summei Programme". To run a Summer PrDJramme for young people at The Pump. induding diversary acbvrtre5. m addition to our oPen-asS Youth Club. Natnal Lottery Awards4AI- PumpFeSt23ftdrush7S'. To stage PumpFesQ023 on National Windrush Day lon 22 June 20231 lo mark the 75th annNersary of the arrival of the passengers on the Empire Wndfush to the UK We will bring the local community.. including disadvantaged. marginalised and vulnerable children and yourBJ people logether ai The Pump to ¢ebrate East Birmingham and the contr¢bution & achievements of the ndrush generation and their endants. BBC Chiiaren in need - Large Grant B ." This propct 6 a y¢yth club and targeted acbvty programme worknng with youn9 people exF*rien¢ing multiple disadvantsge including living in a deprived area. The projecl aims to improve wellbeing. develop new 5kn1& and encourage posb've relatKsnships. BHAFIBIOB Streetgames Holhlay Programme ." The provision of Ihe Bring Il on Bruml 8imingham's Holiday Activity and Food Programme 2023 for Spring. Summer and Wnter at The Pump. Deliveriny school holiday prOViOn lor children and youNJ peop aged 4-16 years. Trnnsfer¥ bolween fund¥ The transfer reflects the rethsifKathJn ofincome recer¥ed durin9 the prioryear, which was recognised as unrestricted income. 10. RELATED PARTY DISCLOSURES There were no related paty transact5 for the yw ended 30 September 2023. Page 15