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2023-03-31-accounts

KJJT >>> tontents Staff and Board Reference and Administrative Information Structure, Governance and Management Public Benefit, Financial Review & Reserves Policy Objectives and Activities. Achievernents and Performance How We Support Our Communities Our Approach Challenges Faced by Young People What Young People Say Our Process Success and Outcomes Case Studies Staff Training Highlights of the year Win Win Project Our supporters Management Committee Report & Financial Statements Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes forming part of the financial statements 10 11 13 15 16 17 18 19 21 22 23 24 26

Kl:T >>> Reference and Administrative Information .'Dirertors and Trustees: l. Denise Peach (Chair) 2. Des Hughes (Vi(e Chair) lrfè, 3. Susan Byrne 4. Alastair Cook . 5.15aac McNamara .6. Ryan Singh 4-..¥4, +,?￿¥ Company.Registered Number. 06527314, j4::'- .Charity kegi5tered Number: 1149785 . ¥.-. 'Reglstered Offite Iv*'rX."&,4<.. .'1 Cottage tr: Brookvale Park,. R)¥.r'!',￿'.' Erdingtoll j:'- Birmingham B23 7AG The Cooperative Bank :;Idv -., Colmore Row i... Birmingham" For funher information please"conrart the regisrtsred office as detailed above or.. Teleph(ine: 0121439 6780 hello@krtbirmingham.co.uk www.krtbirmingham.co.u"k . Websire:

What Youns People Say On Arrival Myfamily needs me to earn, to 5UPPOrt them, I need cash and quickly. R, aged 24 A job thoys outside, doing things with my hands, suits me. But I have no ideo how toget . there. Everyjob advert wants work experience but I haven t got any. •• J. aged 18 11 ljust need a job. I don t read or write, no qualificution5. but Ijust want a job. I'll do anything. 11 T, aged 20 ltregot 0 72 month babytsairl to support, no qualifications. KRfs free training idea andgetting CSCS Card is a good opportunity, give5 me o chance. its a quick way to 501ve the problem. 11 M, aged 19 I can't afford to train. 11 L, aged 20 Repeatedly we hear that young people. Cannot afford to traln Need to get Into work quickly Lack quallflcatlons Face multiple barriers to employment such as homelessness. addtctions, learning difficulties. caringfor famlly members. lack of employability skllls and Adverse Childhgod Experter￿S

What young people say on course completion

It inspired me andgave me a . different outlook on things VJ I'm stronger now than I was before Im better than I thought I was 11. Now mygirlfriend cynd my kids can see that I'm working and earning. It really helpsyour self esteem 11 .J

Case Studles J was sofa surfing, had no ID and felt helpless. In week one, J regularly raged at Trainers which led to daily 1-2-1 wellbeing checks. J blossomed into a capable member of the team. passed all his exams and was employed within 4.5 weeks, J said, "I had a brilliant time and you helped me with everything I needed, just when I needed it. Thanks so much forgoing that extra mile to sort out myphoto id. Ifeel confident now, I know whot I'm doing." rf R.T Parent of R, 18 -1 can t thonkyou enough. I didnt knovv whot to do with him. Now he s doing a plumbing course and loving it. He says he s ohead of the gomefrom his work experience (rt KR T. I'm a single Mum. it wos so goodfor him to see how men behave ond how they work together. to hove male role models.-

Restricted Unrestricted Total Total
Funds Funds Funds Funds
2023 2023 2023 2022
INCOME AND ENDOWMENTS FROM
Donations and legacies 144,192 100,440 244,632 189,335
144,192 100,440 244,632 189,335
EXPENDITURE ON
Charitable
Activities:
Projects 8 Activities 153,112 106,253 259,365 266,739
Governance
Cost
1,295 1,295 1,160
TOTAL RESOURCES EXPENDED 153,112 107,548
NET MOVEMENT
IN FUNDS
(7,108) (16,028) (78,564)
RECONCILIATION
OF FUNDS
TOTAL FUNDS BROUGHT FORWARD 119,158 27,191)
TOTAL FUNDS CARRIED FORWARD

2. Donations
Restricted Unrestricted Total Total
Funds Funds Funds Funds
2023 2023
f f
Charles Haywood Foundation 7,000
Birmingham
City Council
55,666
Tudor Trust 34,500 34,500 99
Other under 5k 5,750 5,?50 3,021
Witton Lodge Grant 500 50Q 8,190
The Cole Trust 1,100 1,100 1,060
The Henry Smith Foundation 60,060 60,000 60,006
Garfield Weston Foundation 6,500
HMRC jRSGrant 1,814
KRTEnterprises 18,711
Thomas Wall Trust 5,000 5,006 5,060
Everson Grant 5,000
Awards for AII 9,960
EH Smith Grant 7,500
Children
ln Need
23,QOO 23,060
Heart ofEngland -Green Fund 19,344 19,344
Severn Trent 19,498 19,498
Social Enterprise 57,506 57,500
Sundry Income 1,581 1,581
Insurance
claim
6,859 6,859
Grantham
Yorke
5,000
Beatrice Laing and Laing Family
Trusts 2,500
Roughley 2,500
144,192 100,440

Restricted Unrestricted Total Total
Funds Funds Funds Funds
2023 2023 2023 2022
f E
Android Tablets 687
Beneficiary Expenses 2,552 2,156
Fundraising 15,432
HMRC R NEST 2,467 69,554 72,021 27,495
Brookvale Refurb 2,022 79 2,101 15,475
Connecting Communities 1,500
Enterprise Expense 2,923 5,779 8,702 2,664
Grant 6,500
Bio Diverse Garden 4,884 4,894
Health and safety advice 2,754 2,754 6,912
Salaries 100,510 100,510 142,538
Social enterprise 23
Cleaning 1,575 1,575 3,216
Insurance 2,000 2,000 2,429
Purchase ofVan in 2021to be moved to FA (17,000)
Tudor Trust 1,200 1,600
Staff expenses 1,011 1,708 382
Staff recruitment 400 400 651
Marketing 2,969 2,807 5,776 2,803
Office costs 2,879 7,564 10,443 26,080
Staff training / Young Pers on Training 2,877 2,324 5,201 10,223
Tools and equipment 8,204 646 8,850 641
Utilities 3,773 4,920 8,693 2,193
Vans 8,475 2,798 11,273 13,739
ViJ'aste 3„212 264 3,476
Depreciation 3,400 3,400
Total 153,112 106,253 259,365 266,?39
Restricted unrestricted unrestricted Total Total
Funds Funds Funds Funds
2023 2023 2023 2022
f f
Accountancy and independent
examiner's Fees 1,295
Total 1,295 1,295 1,160
5. Anal is0$ResourcesKx ended 8 Ex enditure T e
Other
Costs Total Total
2023 2023 2022
f
Projects 5.Activities 100,5 158,855 259,365 266,739
Governance Cost 1,295 1,295 1,160
Total Resources Expended 100,$10 160,150 260„660 267,899

6.
Net
I ncornin
Resources
Resources
Ex
ended
Total Total
2023 2022
This is stated after charging
Accountancy and independent
examiner's Fees 1,29S 1,160
Total 1,160

Staff costs were as follows Staff costs were as follows 2023 2022
Wages and salaries 136,456 170,480
Social Security 9,136 10,386
Total 145,592 180,866
The average monthly number ofemploy es during the year was as follows
Employees

Notes ToThe Financial Statern Notes ToThe Financial Statern
8. Tan ibie Fixed Assets
Motor
vehicles
Cost
Balance brought forward
and carried forward
Depreciation
Balance brought forward
Charge for the year
Balance carried forward
Net BookValue
31March 2023
31March 2022
9. Debtors
2023 2022
Due within one year f f
Cash in hand and at bank 67,488 76,127
67,488 76,127
10.Creditors
2023 2022
Amount
falling due within one year
Accruals 1,295 1,160
Taxation and
social security 3,854
Total 5,149

11.Statement ofFunds
Brought Incoming Resources Carried
Forward Resources Expended Forward
UNRESTRICTED FUNDS E
General
Funds
(27,191) 100,44Q 107,548 {34,299)
Total (27,191) 100„440 107,548 (34+99)
RESTRICTED FUNDS
Restricted Funds 119,158 144,192 153,112 110,238
Total 119„158 144,192 153,112 110,238
SUMMARY OF FUNDS
General
Funds
(27,191) 1QQ,440 107,548 (34,299)
Restricted Funds 119,158 144,192 153,112 110,238
Total of Funds 91,967 244,632 260,660 75,939

Restricted Unrestricted Total Total
Funds Funds Funds Funds
2023 2023 2023 2022
E E
Fixed assets 13,6QQ 17,000
Current assets 67,488 76,127
Creditors due within one year (5,149) (5,149) (1,160)
Total 81,088 5,149) 75,939 91,967