THRIVE TOGETHER BIRMINGHAM TRUSTEES, REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 A Company Limited by Guarantee Registered Dumber: Ellglgnd & Wales No. 08039675 Registered Charity No. 1153942 THRIVE TOGEfHER BIRMINGHAM FtNANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2023 CONfENTS Page Referen¢¢ and Administrdtiv¢ Infom]ation Re￿rt of the Trustees Statement of Tn￿ees, resp)nsibilities 12 Report of the Independent Examiner 13 Statement of financial activities (InCOr￿)ratIng an income and expenditure account) 14 BaIance sheet 15 Cash flow statement 16 Noies io the financial ststements 17-31 Acknowledgements 32 Company Number: England & Wales No. 08039675 Chirlty Number: 1153942 ThisÉees: Jonathan Miles avid Whyte Karen L(Kkett.Ycung (app)intsJ 25 January 2024) Bishop of Birmingkn nominated: Revd David Tonlli Revd Dougl&s Machiridza RTght Revd James LaDgslaff (Apwint¢d 27 A￿1 2023) Billnill8lMm Board of FiDanc¢ MI￿ted. Rachel Gro Regl8tsred Offlce John Cadbwy House 190 Corpordtioll Stred Birmintsj, B4 6QD Independent RI￿l￿tr J8Jnes Cr￿se AC& FCC& BS¢ (knn) H( J W Hinks Ch8rter¢d Aw)untants 19 Highfi¢ld Road Edgbaston Birniingbam BIS 3BH Bankers Barclays Bank Pl 68 Higb Stre H8rbome Binninglwi B179N FINANCIAL STATEMETrftS FOR THE YEAR ENDED 31 DECEMBER 2023 REPORT OF THE TRUSTEES Th¢ directors of Thriye Togeth￿ Birmingbam (Ihe cljatitable compalln are its for the purpose of Charity ]aw and througbout this report are ￿￿e￿1ve]Y refetted to as its Trustees. The financial statements o)mply with c￿￿rItieS Ad 2011. the wial pTovisiorLS of pth 15 of the CrAnpani&s Act 2￿6 relating to small con)tMnies and Ac￿UntIng ond Reporting ty Charities: Statement of Recomrnet￿ed Pradice appIl￿ble to charities Prepari￿ their accounts in withthe Financial Rwtins Standard applI￿le in the UKand Repub]i¢ of ITeland (FRS102) (• l January 2019). The COMFW is a limiknl by Guarath and w&$ on 20 April 2012. It commenced its charitable activity on l January 2013. The awity w&8 fornwlly [C￿St￿ed with the CIMrity Commission on 24 Septemtrtr 2013. The Tr￿t￿$ have pleasure ittrff￿llti￿g the ¢Fwxtable LYff)]F4ny's res￿ and ftnanC￿ statements for the year ended 31 lknb¢r 2023. Trive Tog¢th¢r Birmits CTrivel aims to siwt and grow the movoll¢nt of itidividuals. ¢burches and otgat]isations who. motivat￿1 by theiDfaitty arecommitted to &ldr¢ssin8 issu¢s of povety and to playing theffir part inhelping their ne1gb1￿rb￿￿ to flourislL Jn le8￿ tern)s the obj￿tlY￿ of the Cljarity are &8 follow5: To promote the efficienw g]xl eff￿tlVeneSS of christi￿ based cljarities iti the furtherance of th¢ir objects Ir any one of them mainlybutTh)t exclwiv¢ly. by the provision of illforniatio￿ advice, supwrt The relief of financial b￿d5￿1￿ eithtr g￿allY or indivith]ally througb Ihe proTrision ofgrants. g(K)d8 JointArtion Creating communities of actio￿ communities bring togets those IiviDg in FKyvety, members of loal chwches (including th(￿ of non.ADglicatk d￿orninatlo￿ thro￿1 our links with Chu￿heS Together Bi￿l￿gham) and Oth￿ tw1¢ of 8(KyJwill to seek Ihe tra[Lrfollnatl￿ of livw. This is the active building of civil xKiety. ProvidingresOuT￿ardslwt r￿p￿L￿1C￿l o¢tioTh Som&imesthiswillbemoneybutoftenitis en¢oura8em¢nt and SUPFKTrrL Thougtk l(Kal Churches are active in their c(KwnuDity ttw often need help to mobilis¢ their &ssets for actioTr We azesource for this practical actio R￿Sing the wofile of IIK¥I work and COM￿ting it with th¢ ￿blIC are￿ This is about COMecti￿ with other grow)swho shar¢ owvalues 8ndthegenernl public a￿lbrin￿gto the]ratt￿tion￿w0rk IoLal chu￿he5&cross Birn)ingbam are engaged in. We W8Dt to mobilise their supp)rL All the Fffoj￿ts aThl progra￿e5 that we are linked to will Incl￿ aspects of all three core acttvities. REPORT OF THE TRUSTEES (CONTINUED) . Trive Togetlw Birmingkn's (Trive) primary aio) is to c￿)Ur4e supymt tthple WIK) are motivated to Èacld¢ y)vety and build communlty, rwising that often this motivation is EK)m out of a religious faith. As &Christian charity our values are founded on our und• of the Christiau and we ￿tivelY encow¢ ChristiaLq a￿d thurch&8 to play their kwt in h¢lptng th¢ir neighlM)urh(KML8 to flourish worknng collthntively in collth)rationwith other faith conuuuDIti￿ ard wle of gwdwill a￿1 commonvalues. We believe we are part of a wid¢rmovementof wple ID BrmiDgb8m a￿1 the wider West ￿d13ndS who 8re motivatsj to make a difference ill their neighb￿￿h￿. commuDiti&8 and t￿ lives of ￿pIe who are mllrginalised. W¢ particularly aim to sIW￿ the (kvelopment of a growing of Christians and churches who are involved in this movement through Fwticipmtllig in arttvities intheir l(xxt ￿1ghIM)UrhoodS alld the DiC￿e of Birmingbam tIMtc1￿U&18C th¢ impact of p)verty on iDdivRduals and commullities. As a charity we m(Mlel collab)ration a￿1 paTttthp &8 we deliver a¢tiviti&s other owisations wl share our commitrient to tsckiiDg FM)verty and vision for flowisbing neighFM)urh(KMls al￿ communities. We 8r¢ proud that this has lul to to effective working with local authoritie& heolth authority. local and natio￿1 ¢barities, b￿lIness&$. faith organi￿0￿% residents and comn)unity grouFS. Our activities ntinue to ￿ pTIHctiYe in addr￿ing long tern issues of poverty reactive to the new challeJ8es that commuDitie5 face so that &s a charity we ae Connects￿ rest￿SiVe aDJ ￿leVallL This apptwh is p)sstble tt¢allse our leatn is I￿lIt on the cOn￿ni￿￿ cxpertise and adaptsbility of ow sm811 staff teatn alld the attributes of the independent that we cat) call onto d¢liver specific ple￿$ of activity. Key are&s of Trive activity aTe descri￿ Eelow. Wam Welo)me From aulumn of 2022 we Bitmingkn City Council to develop a c4)mtnunity respw)n8e to rising el costs and the developnJ¢nt of a netwrt of ovff 2(K> rewstered plac￿ of Wami Welcome ￿0$8 Birmingham building on the participative model of Places of Welcorne. The success of this Colla￿￿tiVe approach with community. faith and voluntary sector partr￿￿ built on & ikntciiMtiv¢ and CA)mmuDity f0CL￿ed approach delivering a range of E¢oeficial outc(Mnes for individuals in ￿1g￿Em)Urh(￿ acro&s the city. reSul￿j in the adoption of the Warni Welcome netWOTk as an all year round netwo￿ of commwiity sw)porL We were able to collalM)rate with Bin￿]ngba￿ Centre for Arts (BCAT) to introd￿ fre FKogr8mtt￿s of wellbeillg atts activities to a sigtiifiL￿t nutnber of Warni W¢l¢om¢ plac￿ which led to BCAT delivering an arts project measwing the impact that the netWts￿ made on livas of over 4C() Warni Welcome visitOTS & part of the t￿tional Warn Welcome network C(thi￿ted by tk G(x)d Faitb PartneT5hip and fimd¢d by Civic PoweT Fund. The activity cuiD)iDated in an ths instsllation and Celeb￿tIOn evatt in a Birn)1￿ Gity ccntre venu¢. Using funding from two donors Thrive adn)iri￿ a small grnits wogramme for¢butches and Cl]ristian organisations deliv¢ring Warni Wel¢om¢ activiti&s which Compl￿oented Birningbam City Council's own stllo11 grants PTogramrne to Siwi￿ the network part[￿. As & resu]t of Trives role developing and supprting the Warn) W¢l¢ome netwo￿ we S￿ed r￿dIng through Cadent G&8 Limited to Contin￿ this role for the nexi two ye￿5 along with fimds to invest ID developing 10 cottllnunity orgdnIs￿Io￿4 as Cadenl Warn] Welcome Centres delivering ener￿ saf¢ty 8nd energy saving activities to l(Kal residents. Our community Fwtsiffs are b&8ed in some of the Fmxirest n¢ighlM)urlLo(Kts of BirniDgbam and work with CA)mtnuDities wl)o have I￿t previously ￿ed supt thTI)ugh the Cadent progranllne. The [Wtsi￿Sbip with Cad￿t will eDable community to receive HRIVE TOGETHER BIRM￿GHAm FINANCtAL STATEMErits FOR THE YEAR ENDED 31 DECEMBER 2(113 Acllvityiwlth Older Adults Trive the Body, Mind aDd SpirÉt Partnaship (BMSP). ￿l¢b is a collaEKyJ3tion of 9 Churc1￿ a￿￿ Christian projects fill]dedty & grdnt from BirmiDgkn City cou￿11. to loc•lly employ Dgvelopment Wo]kers developiDg pr¢vetrtative activities wlth older Fvle that enable thern to live iEKlependent]y. and well for longef in their I￿1 c(Knmunities. Togetkr the Iwtsia5 faci]itate activiti¢s for around 1,5(Kl older tKI)ple in neigbEourlb)cKb ar￿JrAl Birmingkn WAth over 130 of tbe participants involved in en&b]ing activities to Each paTts]er develops diffaent activiti￿ aC￿rthllg to their l(Kal context The King's Coronation was a particular bigblight BMSP Part￿ &s many ran brAlli8nt cAebTrtioLs for olderrnsidents in their neightx)urhoo Thrtve p]ays a key c4)Worib￿ti0￿ training ard sw)rt Tole for BMSP that ensures that iLkn gcA)d practice develop￿1 by in their locolities are widely sbAred to the ben¢fit of the whole partnership and thereby building ar￿ sense of team and collth)ration. Ongoing suptrfmt from the Thrive te4m has b¢￿ k¢y This year Thrive tookthe lead on E¢half of th¢ BMSP parthers in applying for cotttinuation filllding tbrough Birniinsham City Coun¢il'5 Com￿onI￿8 pro￿ and successfully secwed funding to maintain and develop the work of BMSP for &fllrt￿ three yearn. Workivith Chljdren and Famllles Trive has LX)ntinued to WO￿ with our Early Yea[5 firding pMrh)er. BinniDgkn Forwwd Steps, Io SUPF Childrens, Centres, Health W￿lt0￿ and local clwxli&8 working with young families a¢rass Bimingham to better understand of Wpvety and how it might impact famiIies they sup￿TL Builthng on our 2022 ￿t[Vity 'Real Pwle Honest Taik. holdiDg o)nv¢rsations with p8rents of pre-school thlldren across Binningkn Trive h{￿ an event to enable some of th¢ pprents to sh8xe key m&8sages with senior policy makers and Tepresentatives of statutory EKxlies providing services for eorty yeays. This ev¢nt W&9 supported by Birniillgl)am City COU￿11 as part of their work developing Family Hubs in the city. The event was powerfvl and Taised re￿ Challen￿ such ￿ the IS5￿ of bed povety with pwents Ye￿tIllg they couldnot afford M05es b&skets ￿ cots 50 had to share a with Ihelr chil Throughap￿tt￿r8hIp with Binningkn Play Care Network (BPCN) and Spwgwns Childrens Centre stsff Trive was able to initiate & Safe Sleep Sch￿rne secwing fun(ts to pmvide belts and other equipment for early years for Stivggling families partÉcularly those in tern￿rdry a￿Mm0dafioll where the problem is most pronou￿￿. Based on research into similar activities in Oth￿ cities a referral pr(Kess desÈgned, a supply and delivery arrangement set up with a I￿4[ mallufact￿ and sufficient finds raised for apilot to run in North and East BtrmiDgkn in early 2024. A ￿MpleMentsry scheme providing i￿ts to school age chilthen and young pw)le bas similarly be¢n developj Ibmugb a different group of rArtrKrs IM as a response to the For the fourth year Trive FArtsi¢red with Warwickshire Cricket Foundatio￿ Birmingkn Play Care Network, Birminghwn Fonvard Steps and Birmingkn News to organsse the Toys4Birmingham cjmpaigll With around 15.000 toys donatsj or l)ought through financial doDati(rt)s from itulividu8J& ¢l)urches and companies. A large up of volunteers Sort￿ ￿lIS Eefore they were distributed through a network of a)ildreJks Centres and I(￿1 Chariti￿ &CTI)&s BirmiDts and the wider West ￿dIat￿ with &paTticular priority on g¢ttiJ¥ toys to tbe Supporting Young P￿pIe Safe SpMc&8 for YO￿ People deye10t￿ out of adesiTC by Cbristianyouth workers to See a￿esS to local Sup1￿ aDJ activity for yow¥ p￿le In￿eased ￿ the city and wider W&5t Midlands. Thrive supikns this FtNANCIAL STATEMETrttS col]&b(ration by hc6ting & Developtnent GnN4) to develop a long terni strategy fir growing and 5￿tainl￿8 the In 2022. inpartsvthp with Church of EDglatMI Bioniogkn Thrive was able to secure fill￿]ng from the Church Com[ri￿lO￿erS to siwth the Safe SFQlX8 partiwsknp to build its £¥p￿lty and SUpI￿ 15 churches over three years to OFtn Safe Spa￿8 with suppxt from a core deVelo￿lent team and I￿1 cluster leadets. Theproject Start￿ in April 2￿23 with the 8PtKyintinent of locaI leads across Birniingw training provid￿ for interested thurches aAI five churcllts signing up to start Safe Spa￿. To Set this work in a wider youth work contextthe fkvelopment Grow) are exploring knw the Safe Spa network migbt workwith otherithias to thvelop a broader aTrl e￿LIve offer for all yO￿g Feople. N¢ar NeIgh￿llrS Trive is part of the Ne4r Neighbo￿S national prOgr￿e thtough the Lkparthent for Levelling Up. Housing alld C(M])muDiti¢s (DLUHQ through Nvhich p￿pIe from different faith and culturnl backwuuds are brougbt together to develop FX)sitive Telationship4 develop wial action activiti&s and build ci)mmunity b￿lon. again this year there w&s a significant delay in Tttziving confirwtion of c(tr extension btrt Thriv¢ "trllsttts priori￿ed use of reserves to sustain the of our Near Neighbours Development Worker because connecting and growing relationships with people and org8nisatiODS from different f&ittLS and backgrounds is an important &sp￿t of our apEYoach to achi¢ving our aill￿. Vlhile we waited for NearNeighbours fimthng to cx)nfllmeJJ our Ikvelopmatt Worktt Trvas able to devo time to promoting the Warn] Welcome lo Ethier Organisatio￿ in her Near Neigh1￿ network and increasing the number of orgaDisal1o￿ of dIff￿ent fAitIL% and Cultur￿ who re￿Ster￿1 to join the Binning Wgnn Welcome network. Once funding approved in S¢ptemtw our Lkveloprnent Worker's shifted to delivering regu]8r Near Neighbours activi15es includitig a small progra￿e. Leaderthp f(r Eff￿1ve Cballge community lead¢thip programe and the Catalyst lead￿￿ippr¢Er￿e withy0￿g wl¢. Near Neighbours also enables Thrive to E¢ repr￿en￿ in Bimingkn's Migrntion Forum maintsilling a)nn¢ction with key migrant $i￿p￿ 0rg8nls8ts(￿ aly0￿ the city atyj col]aknting on ￿tIvItI￿8 frrAn time to lime such a% Refugee Week Food Poverty Triv¢'s Involven￿lt in the development of F(KKi Pantrie5 continu&s &8 Church Actlon on Povety (CAP) employ a Dev¢lopm¢nt Worker bawl with the Triv¢ teom to siwrt 8nd growthe Your Local Panty franc￿￿ in Ik West Mid]ands. Your L￿1 Panty is & conllnunity f(x)d Mcmi￿tshiP scheme run on a franchise basis by Volunt￿ forthe benefit of their local ¢ommuDiti&8 with tk fcKus on providing a weekly affordable f(K)d offer al a reduc price with some choice of staple foLwJ items. By end of 2023 there w¢r¢21 Your LO￿ P8ntries in sand￿lL Birmingkn and the Black C(Mmty. This b&8 Teal benefit forThTive as it enables us to b&ve the profession￿ ex￿r￿Se to develop a fLK)d povuty resF*mse that diffets from f(x)dbanks wthile CAP I￿￿fit from all of the Trive team network% across BlrnilnO￿rn and Sandwell. Together we have lillk&J Ivith IoL21 authorities to promo* the ]n(MJel and participate in wider conyersations about fi)xl p)verty in the region incI￿ling exploring how to sustain & gular and sufficient f￿d supply for all orgaDisatiOlL8 resp)nthg to f￿1 neejjs in I(￿1 neigh￿UrbOods. Birniingham Povèrty Trntb Commbslo Tbrive ha% continued to d¢liver Birniingham's ￿0nd Poverty Tntth Comrni&8ion (PTQ fundsj by Bim]ints City Council Public HealdL This ilillovaiive re]ational A￿T￿b a￿lI¢S the voices of people r()R THE YEAR ENDED 31 DECEMBER 21123 ex￿rie￿Ing wverty, Community Con)M￿lOner3, to be beard and underst(¥)dby Ewpl¢ in positions of )wer,'Civic commi￿Oll￿. During this year commissioners have continuedtt) meet exploring issues such &s F(rf Health alld Childm and Hous]￿ and pre5enteAJ some itL8ights and ¢I￿ll￿geS througb Listening Events with people with rArticu]gTTwibility alld inllwice in the SUbj￿t ar¢& The Comtnission formally ¢losed in ju￿ but a nutThFKr of activtties have resulted from the ¢onversations and . &￿)CIated adivities particularly where Civic ConDnI￿10ncrS have been MOV￿ by the eX￿lence to work difftrendy and iDnovate new ideas and activities. This inclth Fwj Strate&Yg C05t of Living Crisis. Housing Strategy, alld Health F4uity infflat1￿ to children andyowjg people. Birmtngbam City Couocll's 'CMting a City WItlK)ut tnwlttias. Forw￿ Nvhichl)as oversight of the Poverty . Twth COmn￿l0￿ have [￿e1ved TegularreF￿ts and have vall￿1 the work of the CoDmliSSiOJL This led to the rel¢￿e of fill1her funthDg to Si]p1￿ succwion &rtivitias irKludiDg Poverty Thith Comrni5sioners holding fillther conversations aboth p)vety justice at the request of the aationa] PovtyStrategy.Commi&sion, an ind¢ttht c(￿￿n￿l0ll formed to develop FX)]itic41 coll8￿ aroufyl a strategy fortsckling p)verty in the Housing attd Home10￿DesI Members of the Thrive t￿M continue ts be involved in developing reSP)n￿ to the hug¢ ch9llenge of housing and homele&sn¢ss not least througb collaknting with Church of England Birmingbam Colleagu￿ to d¢velop &pra¢tic81 rt8FA)tL8e to the knhbisknp of Canterbwy's coIIiIiussion OD homelessness aThl howing and the Tesulting'coming Home. ryrL A p￿￿ershIp b&$ tten develo￿ with colleagues in the nationat churdl wllo are Ic*)Ping to set w) a Church Howing A5s(Kiation that (an draw down funding lo supp)rt some pilot initiatives in Birningbm We ate also CA)lla1￿￿ Oll fU￿jIllg bids to TrA]ild ¢8iwity to move things forward We are Mind￿th￿tthe Cost ofLiving Crisis conlinu&8 to imrActmany residents inBirmingbam and oth¢r loc31 authority arw and we will continue to collalx)rate and build diverse Ixrtsierships in order to play our part in sponding to these challeng￿. W¢ will do this thr￿ fc*ustng on our prI￿ltieS to ¢tsabl< grow, sL￿ti1n and amplify the work of our commutkity patthers th¢ region a% wip1¢ involved in these grow)s are in doser relati4)nship with people in their I￿alItieS than we can ￿. work complements their activity. In 2024 w¢ will conttti￿ to fixus on the 8clivitie5 describgj above biulding 8nd sw)porting the netwodc of lln#tio￿ h(witality and care through Warm Wdcome and Pla￿ of Welcome alongside Food Pantry development and continuing development of WO￿ with older pe(wle. Ckn]Id￿ young t￿ople and famili¢s. W¢ ll Contin￿10 seekways ts) compl¢menttheseactiviti& sothatty canaddressissues ofpovetyand ]DiU￿lce. Whi]e we airn to suptKrt pg)ple with tkir sEK)rt term needs we are also mindfill that povety has been endemi¢ forrnany years inmany of our local communities. Ourtffiority Temains on￿IDging1oDgternl change withthose impacted most e￿abl￿1 to play their pth in finthDg ￿lutIOns. We will continue to develop funding strat¢gi¢s to ewure that our WO￿ is S￿1￿1¢ and that resources flow througb lljrive to support the rich t8p£gty of mmunity and faith organisatiotL8, Tefl¢¢tiDg the diversity of Binningkn's diffeLEnt communiti¢s, delivering tivities that shfire our valu&8 atml g(Hb. HOW OiiR AcIivrrLS DELIVER PUBLIC BENEFIT efforts to addre&8theirownwidercomm[nityned￿ irKludingr¢sp)ndingtopovety. W¢ swrtthoseworking to trdnsforni the live5 of th¢ [￿rest atslmost mar￿n8￿ Throu￿ this siw[￿ we gÈve rthple opportiwities, FINANCIAL STATEMEFllS FOR THE YEAR ENDED 31 DECEMBER 2014 storing their di￿)ity and eDabling them to feel they belong to and collthl)ute to theÈr cA)mmuDity. Jn this way and &8 demoDStrntrd througb this rel￿. our activities deliver public i￿efiL We to work with all faiths and knorLS. We tho siipwt iDJividua]s and or8anisatsons of no faitb who 5h8re ow values. Ultin]ate ImeficiaTi&S are not restrict￿ by f01t￿ g¢nder, dbDi¢ Origi￿ disability. age or seKuaI orientstion. We seek to form strategtc partI￿￿pS acro&8 S￿ (public* privats and chBritsbl¢). with existing groups and organisations in ow area that are alT* engaged with a$￿ts of p)vtrty that are all￿ed with our c￿e vlll￿ and puroK The Tn￿£$ bave reviewedthe guidance onpublic knefft i&suedby the Cl)arity comm￿10n andconsiderthat our aIll￿ and activities &s set aEove fidfil the criteri& The tnLSt¢a8 w￿lder the guidance on public benefit each FINANCIAL STATEMEf+irs FOR THE YEAR ENDED 31 DECEMBER 2fr28 REPORT OF TRusfEES (CONfiNUED) Finan¢lal perforniante The Charity's iwAne for the year eThled 31 Deiymlrr 2023 £583,641 (2tr22: £553.301). £79,657 (2022: £72230) of income UDttstrA(*eAL £71.657 (2022: £68.747) of tl)is reflect￿ wgnition of the in-kind sw>port prov1d￿ by employees of the Birningbam Di(KesanBo8rd of Finance inthe day to day runDing of th¢ charity. £503.984 (2022: £481.071) of income raised was for restri(tsl pwwas ￿0Ullted for &8 SUC Th¢ ¢lMtity'5 expenditure for the year¢Thtsl 31 lknther2023 w8s £587,517 (2022: £591.102). This includ the recognition of the"cost" of the in.kind sUPP)rtprovided by employees of the Birmingbam DiocesanBoard of FinallLY in the day to day ruttlling of the ¢Rwity. The Charity moves into 2024 with unr￿tricted funds (¢xcluthDg tsigDated fiuds) of £44.028 (2022: £16,631A whi¢ti Continu￿ to gtve a firni to deliver a proBrnme of development artivities. The Board is CoL￿oll$ that it needs to continue to develop ￿. illcluding enswiDg tI￿t contract de]ivery The charity contin￿ to knld desi8tMt&J funds tOW8rd% a provision for Fthntial costs (£4,0001 Near Neighknur5 sa￿ costs for 6 monilk8 (£18,(KK>) aDd a new Young People Programme (£7,000). These desigDatiort8 have been made to protect these strntegi(3ty athivities whiIst external fimding bids proactively pursu￿ The EqIan￿ (m the desigDated fimds as at 31 Decemlxr 2023 15 £29,0￿ (2022: £30J29). R&Yerves Pollcy S￿d Funds (Unrntrided and Ilestri(*ed) The Tnthees have reviewed the appropriaten￿5 of the existing reserves Folicy during the year with regard to tbe cU￿t environment inivhichthe Clwity is owattng. Inputiallar. they have considered the impact of the ]nknkind donations from tbe BitmiDgkn DI(￿esan Bo8rd of Fin8nc¢ fBDBF'? in light of the Memorandum of Und￿di￿ in pl￿e tetwe¢D Thrive atul BDBF. The r¢visd res¢rve5 policy ]w Im forniuIateA in IiDe with the Trx(Xt￿endatl0nS of the Charity Cornmission of England alld Wales. The aim is to maintain free resenw in UE]re5trlCt￿ fi￿(L$ at a level which equat to approximately fo￿ montEL8 of Unr¢Strict￿ clwi(able ext*ndittre, excluding the i]np¥t of th¢ in.kind donthom from BDBF. This wtes to £8J33 e￿Al rm tk %)24 bw Tr TnL*ee5 COn8Ader that tbi5 level of fimds is suffi¢ient giving them tlexibitity tO"5cale ￿ or down- the development projects that the cljarity is involv&1 with and to also enstsre tha¢ supm goVerna￿e costs are covergL The UDres#ricted fre< resetves at 31 De(wtLber 2023 are £41684 (2022: £15.5761 wbich is greaterthaD required by our ￿erVeS p)li¢y. Th¢ Tn￿ will Contin￿ to reviewthe appropri￿ of ￿ ra4¢rves ￿l1¢Y on aregular IMsi5 to ¢Th8we that it ret]ects the prev￿ling environTnent in whidk the Charity is 0imtll￿. The utirthCt￿ fimd c4)mwis¢s of£lJ44 wbichis ti￿￿P in langible fiX￿&￿ts and £42,684 of free ￿erVes. As set out in note I I to the fllw]cial statements. the Clwity holds aDd adEnini5ters several restricted funds. As at 31 De£embff 2023 restrICt￿lfi￿dSt0t¥llty1 ￿5.758 (21r22: £265,702) svhichatenotavailable forth¢ general ' purFW of the cR￿lty. HRIVE TOGEfHER BIRMINGHAM FOR THE YEAR ENDED 31 DECEMBER 21113 REPORT OF THE TRUSTEES (CONTINUED) RL8k MAnAgemeDt- prlnclpal rLqk8 #nd ullcertaknt The tr￿eS are respoA8ible for the identificattoo mitigalion a￿vOr mwyment of risk. They have a risk management stralegy which cOmPTiS￿. A review of prI￿1paI risks and urKertsinties that the cljarity faLYS at each Ix)3rd ￿￿iDg witbin the Chief Executive's reporting. The establishment of policies. systems and pl(#Xd￿ to mitigate tly)se risks idakified in the review The inplementation of pr(Kedures tsigned to Mini￿ or nwo8e any p)tential impact ￿the clwAty should those risks ￿￿terialISe. Tbe tr￿Stee5 maintain an (R)going T¢latiorLsbip with clwity's c4)re fimders in order to ￿ alert to any Frt)8sible reductions in the l¢vel of their Sup[￿ Cxhtr 8Ctivitits are dd1ve￿I only when 5￿cIfiC funds ore available. and staff recTUit&l a¢c(*di￿1y. ThJ5tees continu¢ lo diversify the Trnge of its fimdeffs in oth to rej￿ dqKndency on initial core funders. Now that th¢ c]]ar&ty is Ftcoming more esthblished with a higher repuiation this is more possible. . Key Mem1￿[8 of staff i￿1￿8 tonwrarily or twra8￿Y abML The ￿7￿e¢S 8re awaTe of pressure on staff as tbe range of suvices delivered increases and are building a copable siaff team who can cover each other's Work during short pffi(Kts of absence. We are also building . a network of Cont￿ who will eDable to ithlltify I￿lIv1th]als WIK) can contract￿] to undertoke sbort tern pieces of work as 8ndsvhen • Development aThl MaInteD￿ of church community eng8gemeDt This is one of our cole activities as our delivery mthl is on developing extenthng relationshi ' with chwches. Therefore sustai￿8 th¢ tmm of Senior tkvdopmeth Worker through Core fi￿dIng is a priority for the ttusteas. Primarily our church engagerneDt is not d&8igr£d to create a dependentre]ationship partiCul￿lY in tern￿ of fi￿di￿ Church&8 are enabl￿] to develop s￿￿trI￿1e activities that ar¢ Thot reliant on significant fi￿di￿ and most are t￿0￿e13 to work in parthersbip with other churches or commwiity orwi88tioDS &8 this apP[￿h eA]ables resources and rwibility to secure them to be share Key relatlonshlps Key relatio￿bi￿$ in the pryit of our cljaritable obieLtives are wilh stakeknlikns: Bisbop of Birn)ingham Birniillgham Di(wan Board of Firwice Church Urban Fund Binningham Cburches Together [￿￿1 churchas and C￿mmUnity organisthons at gr&8S T(N)ts Icyel Related FITty trsnsacti0tt8 with these key stakeb)l(kTS are detail￿ in note 13 to the financial statanent& FINANCtAL STATEMErqrs IVR THE YEAR ENDED 31 DECEMBER 20L8 REPORT OF THE TRUSTEES (CONTINIIED) Governing Structhre ThriveTO8etherBirmth8h￿iS acomF4ny ]iMitsJbyguaranteeaThlw&8re￿&8aGh8TltyOn24 September 2013. The Clwitable COmp￿Y is govern￿ by its Memorondum and Articles of Association which were adopted by theBoardof TnLSteeson20 April 2012 aud sutwuently amended atameettllg on 14 J8nuary 2021. The clwity was ajoint ventsue betweenthe Church UrbanFund Cfun andthe Bishop of Binllillgl￿ as th¢ key stskeholda3. Following some Ch￿With1￿ CUF, the agre&A anam¢ndment to theM¢moranduEn ond Arti¢les of A￿￿1￿1￿ on 14 January 2￿21 to iJKlude thg Bitmingkn Diocesan Board of Finance as a third kw stakelKslders to fornlalty tE¢ mle that they have for tllany years. The Memoranthun and Arti¢les of A&wiation deternjine the alIo¢ation of tswtee apr￿)Inti￿ellts Etttveen the key stskeholders. Nornina￿ ri8hts slmred qually between the thre¢ key stakeholders (3 for each stakeholder). the ¢lwity's activiti&8 and to ix able to discbarge their obligations as TnLSt¢¢s. The 5kiUs and composition of the Board is reviewed on a re￿ basi4 taknDg into considetition 5￿c&￿10n pla￿￿￿ repr￿¢￿tsti0n and experiell¢4 empathy and kl￿WI* of the thity. Trust¢es' Indudknn & tr4ining On appointm¢nL tr￿ undergo ani[ul￿tiOll Ihat includes briefings from key staff and Ihe Chair of the Trust￿. A wel(x)me pa¢k include5 an overview of the charity. C4)p1￿ of key governance do¢uments &s well as a copy of the Charity comm￿l0n,S guidan(% ' The Essential Tnth.. Wbat You Need to Know. and 'Public Benefit: RunDiDg a Charity.. Tr￿teeS P)5ittYely eDcowaged to visit proje£ts supported by the At the quarterly trustees, m¢etings, the TnLSt¢as agree strategy and areas of activity for the clwity. including the considerdion of development prOJ￿ts, r¢serYes and risk management policies aThl perfonnance. Specific t&sk groups meet behveen formal meetings when appropiiate or llee￿ary. Mallagemen¢ Or￿n￿￿tIon￿ Strllcth Trdy to day managetDen¢ is delegated to the Chief Ex¢cutive (Fr￿1 Ilattley) who is second¢d from the Bimiillgbam DI￿¢sall Board of FiJwic4 with siwrt fr(Mn the (¥watiODS Manager (Sarah Tutner) al￿ the io FINANCIAL STATEMEMS FOR THE YEAR ENDED 31 DECEMBER 2fr18 REPORT OF THE TRUSTEES (CONfiNUED) Key Managemellt Personjbel rem￿￿ratIO Thetrustees coAsid¢rth¢bwdoftr￿ andthe ChiefExecutive &5 r￿rn￿]siDgthBkeY￿aDageMeDtrUS1M￿¢l of the cl]arity in charge of dI￿tt￿g and controlling the clwity and rwJniDg 0￿rating the clwity on a day lo day b￿1$. All trustees give their time freely and no INste¢ remuneration was paid in the year. Detsils of key mw)8gement remunerntion and relatsj tra￿￿110￿8 are disclosal in notes 7 and 13 to the fin8nci81 . the clwity's Confiict of Interests FK)licy withthxw fr(m thisions Whe￿ a conllict of interest arises. The pay of the Chief EKecutive is revi¢w¢d aDnualty and detell[￿ by the B1￿Ingharn Diocesan BoBrd of Finance &8 he is a se¢ond¢d employee of that organi￿￿0￿ Remuneration in that organi￿tiOn is benchmarked with that of similar org8nisation8 and due consideration is given to the level of arnual increments awarded to stipendiary clew. The In￿ee imwd of Thrive Together Birningkn not direLtly infiuenet the pay of the Chief Executive. li FINANCLAL STATEMENTS K)R THE YEAR ENDED 31 DECEMBER 2023 REPORT OF THE TRUSTEES, (CONTINUED) St8¢ement of Trll¥teu' Responsibiliti The Tr￿￿tees (WIK) are also the direc￿ of Trive Together BiTmingbam for the pwxises of ClNnp8ny law) aT¢ responsible for preparing a trustee's ann￿1 report and fin8mcial statements in accorda￿e with applicable law and United Kingdom Accounting Standard5 (UK Generally Accept￿ Accountillg Practice). Company law requir￿ the charity trustees to FrerAre finwial s(atements for each year whi¢h give a trne and fair view of the stste of the affairs of charitable CoM￿nY and of the 5wpIus or deficit incunrd by tF£ charilable crmpany for that year. Jn pr¢[Ar1￿ tIM)se f[nanC￿ ststements tEe TnLStees are required to.. se1￿1 surtable a¢￿till8 ￿lICIeS apply rA)nsEs￿y. oiwv¢ the meth(Kts aThl ptinciples in the Charities SORP (Statallent of Reo)mmendeAI Practice). stat¢ whether applithle UK aLrouDting stalld￿ have F*en follow*£ subject to any material prepar¢ the fi￿CIal s¢atemeats on tbe going b&%is unle&s itis inappropriate to presume that th¢ ch8rttable LX)mI￿￿Y will a)ntIn￿ to e The TnLStees ate rwoti%ible for k*piDg a¢￿U￿tIO8 [￿OrdS which disc105e with reasonabE¢ acuracy, at any lime. tbe financial EX)Sition of the clwitabl¢ comp8ny and to enable them to ensure that the financial ytat¢ments comply with the Compani&s Act 2(K￿. They oxe 8Js0 r&sp)lL￿ble for safeguarding the assets of the chatitabl¢ company atsj henc¢ for laknng Te¥sonable • for the pre¥elltion and detection of fraud and other The TnL*ees ate resport%ible for the maintenance iwity of the cort￿ and financial information included on the ch8Titsble c4Mnpany's wthite. Legaitsation in the UK governing th¢ pr¢paratioD and diss¢nllnation of financial statements may differ from legislation in other jurisdtctiolls. Approved by the Br*rd and sigrd on its ithjf by: Rev David Tomlinson Chair and TnL8tee Date: IP July 2024 12 F￿ANCIAL STATEME IDdependellt exwDlne￿5 report to the In￿ett olThrtve T￿ther Blrmillgham Cthe Company I report to the chatity tnLStees oll my examithon of the ￿ of the Cojnwiy for the year ¢nded 31 Decemiw 2￿￿. ponsibllltieg and b￿ts of rep>rt As the charity's trustees of the CA)mpany {aDd also its directots for the PWFKJses of o)mtAny law) you are reSPODsible forthe preForation ofthe accoutts in accordw with the r￿￿]ellts of th¢ compani￿ Act 2￿6 Cthe 2¢M￿ ACV). H&ving satisfied myself that the a¢¢oullts of the Comwiy are not n4u]r￿1 to be audited uThJer Part 16 of the 2(K>6 Act and are eligible for iThle[￿d¢llt exami￿0￿ I reFQrt in rwt of my exaMi￿On of your c]]Britys counts as Lzrried out under Se£tion 145 of the ￿ltieS Act 2011 Cthe 2011 AcV}. In carrying out my exarni￿tiOll I have followed the DAre£liotLS given by the Clwity CLXDmj￿0n ￿ Section 145(5) (b) of the 2011 Act. Independent examlDer's Ststsmeat Since yow chaTitys gross income ¢xcee&AI £250.(KKI yow ex8min￿ be a Mem1￿ of a listed body. I CODfirni that l am q￿lfied to uodertake tb¢ examith(m l am a memFKr of the I￿￿titute of Chartered Accountants iti England arxl Wal4 which i8 otr ofthe listeA Ixmlias. Ihave cornpletedmy examinatioL I wnfjrm thatnomatters have cA)me lomyattentionin connection with the exatnillation givir4g me ca￿￿e to FKlieve: )unting records weTe not kept in reSP￿t of tE¢ thmp3ny as rquiral by Section 386 of the 20(￿ A¢¢ the accounts do not accord wtth recoftls: or the accomts do not wjnply with the accounting requiranents of Section 396 of tk 2006 Act other tha any requirement that the ac¢ounts give a true and fair view which is n(rt a matter considered part of an the accounts bave not tten prer￿d in aCCorda￿e the methods aul principle5 of the StateJn¢nt of Re£ommended Practice for accoimting 8nd rewtrrttng by cbarities (applicable to ch￿Iti¢$ preparing their a¢¢owts in wxordancewith theFjnawl￿ RwtiDg Stsndard applicable inthe UKandR¢public ofTrelthJ (FRS 102)). I have no Concen￿ and have come amss no other n)atters in connection with the exami[￿tIOn to V4hich attention should b¢ drawn in tbis re￿rt in order to a]able a PTOW of th¢ a¢￿Utits to be Teache(L James Cruse ACA FCCA The Institute of Chart￿￿ Accountants in England Wales J W Hinks LLP 19 Highfield Road Edgb&ston Bimiingbam Wesl Midlat B153BH Date:........... HRtVE TOGEfHER BIRMINGHAM FOR THE YEAR ENDED 31 DECEMBER 2(LI (IndDding an income e￿ndI￿re account) Total rund5 2023 fimds 2022 te INCOME FROM: Donations aJ8ritable ¥tiviti¢J 31.555 471429 38,868 S49,￿ 514,433 76.657 TOTAL INCOME 79fj57 503,984 583,641 553301 (4&T15) (10.&)9) (528,043) {587017) (591.102} (48.775) (EO,699) (528.043) {587A17) (591,102) Net inLX)m&(expaLdibJre) 30,882 (10.69)) {24.059) (3,876) (37,801) (3.485) 9J70 (5.885) NET MOVEMErrt IN.VUNiK8 27J97 (iJ29) (29.914) (3,876) (37.801) RECOPICILIATION OF Total at l 58nuary 2023 li 16,631 30J29 265.702 311662 350,463 Tots] fuds 1131 December2023 li 4V28 29,( 235,758 308,786 312,662 All activities derive from continuiDg OF¢rat[0￿￿. For analysis of transfa3 between see note 11. The Statement of Financial Activities ]￿ludeS all g8in8 and Ic6ses re0)grri￿ in the year. 14 FINANaAL STATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2011 Nots 2022 FLXEDASSETS T8n8ible w¢ts 1.162 1.162 CiTRRENT ASSETS Debtorsv receivable within onc year C83h at bank 95th24 261,TJ9 8J76 310.144 357123 318.720 CREDITORS: AMOUNTS FALLING io (49981) (7220) Nrf CllRRENf A&SE73 307442 311.5¢ TOTAL ASSETS LESS CURRENT LIABILITIES 3•&786 312.662 NET ASSETS 30&786 312.662 FUNDS Restricted in¢orne fimd8 UDre5tricted d&%i8nated li 235,758 29.ljo 44￿28 265,702 30.329 16.631 30&786 312.662 The accompanyftng ￿￿u￿tIng p)licies and notes forni part of these financiaI statements. For the year ended 31 DeLYmbeT 202*the comFW was entitled to exemption audit utth se(*ion 477 of the Comp￿teS Act 2(NJ6 relating to Sll￿ll compatiies. Responsibilities of directo￿. Th¢ memt￿S have not required the cEwitable comEMny to obtsinan a￿lIt of its financial statements forthe y¢8r in question in accordance with section 476 of the CoDiwies Aci 2(K16. However. in accordance with section 145 of the CEwities Act 2011 th¢ fina￿la[ statements have iwi eX￿ni￿ by an Inde￿nI extimÈner whose re￿rt app￿S on page 12. . The dire¢t(kns acknowledge their TWln8ibility for (#)tDptyiDg withthe wuirements of the Companies Acl with wect lo acco￿ting rec4Yds and the Fyeparation of ae£ouDts. Approv￿ by the Trustees on 151h J￿Y ￿24 Revd Davld TomIlnson-￿1lr and Trustr 15 HRIVE TOGEfHER BIRMINGHAM FINANCtAL STATEMENTS roR THE YEAR ENDED 31 DECEMBER 2013 2023 2022 28 99 Inteffst income chase of tangible fixed assets (1,458) Cash provided by1[￿￿ed in) inv￿ting activities h]￿e￿Ide¢re1* in c&sh aad cash quivalents in the year (48,345) (28599) 310,144 33&743 C&th and wIv￿ellts at the of the year 310 144 R￿1￿￿lI1at1Oll of net (eX￿IdituT¢￿￿¢1)￿¢ to oe¢ casb flow frrm oFtrnting 8rtivitie5 2023 2022 Net (eXpendithy]￿l1rne forthe year &8 w the SOFA (3.870 (37,801) Adjusted for. Dep￿latIOn Loss on fixed &%sd dispC￿ts Jnvestment income (h￿re&S¢YdC¢re￿s¢ in dei*m ' InCrease/(deCreL￿) in creditor5 1276 1,467 (87.048) 41761 13.105 (5.370) 88 Analysis of cash and ¢&8h qwvalents 2023 2022 261.799 16 FINANCIAL STATEMEr PrlDcipYII auountlng pollel&¥ Basis of 4ccoDntiDg stateD￿tt of ReCo￿ended Practice applicable to cbariti¢4 preparing their accounts in accothce with the Finan¢iai Reporting StaDdard applicable in the UK and Republi¢ of Ireland (FRS102) (utvJ&ted I January 2019). (CForities SORP (FRS102)). the FiDancial Rwrtitig Starthd applithle in the UK and Republic of Ireland (FRS102) and th¢ ComtODiaS Act 2006. In prepaIll￿ these fin￿¢181 ststements Upjate Bulletin I to the Charities SORP (FRS102) h&8 been adopted and cotwuendy a Ststement of C&sb flows ]w not be￿ prepared. Thrive Together BirmiDgham meets the thfjnition of a public tr*r*fit entity under FRS102. Assets and liabiliti￿ are inttially reCOg￿ed at histrKi¢ cosl or transaction value unlass ot]]eTh￿ stateAJ in the l¢vatt ac£ountiDg y)licy nole. Ststll8 of the comp4Dy The charitable company is limital by and d(Ks not have share 14itsl. The ]iabihty of membets is limitgj to £1 pw Illemb￿. Going Concern ststemellt The fiDaDciaI statements have been prepar*J on a going concern FO￿$ which assumes that the cl]aTity will continue to o￿at¢. Th¢ validity of this a￿UmptIOn is de￿lldellt utK)nthe continua￿ of siwi from the chatity's key funders and stakeholders (Chur¢h Ur￿￿ Fund ('CUF'). Bisbop of Birniingh8n) BirnÈngkn Diocesall Board of Finance ('BDBF') a￿1 inT￿[m)n$¢ to the progress made by the charity in pursuing a viable budget irKluding the obtan)ing of fijrtber grdnts and (knnations. The clwlty's busine&s p]8n slM)ws that the cP￿lty vriil Ix able to oF￿ate in the fores￿able future. B&sed on Ihis understanding the dr￿tor tnkn klieye that It TemaitL8 appropriate to preFwe the fllwicial ststements on a going concern FAsis. The financial stat¢m¢nts do not incI￿]e any adjustments. which Full￿8 Genero1 funds are llnrestrict￿ funds wbich are available for we & the discretion of the trthgtees in fithrance ofthe general objectives of the charity aDdwhichh&venotbeend￿1￿tedf0T0therpUtposes. Restricted fund% are f¥mds subject to Cor￿lti0￿$ illLFA)sed by tE¢ donor or by wific tern￿ of the appe81 uttder Nvhich the fjmds are rais&l The restiirtive conditions aTe binding w the clwit8ble e4impally. Income All income is reco￿lSed in the Statement of Financial Activities when the cljatitsble wllpaDy is legally enti￿￿1 ultimate receipt is proFAbl4 am(Nmt can be q￿tifi￿ with re&8orAble aLxurw. Income relating to firtur¢ in accordance with dLXb)r.1M￿ ¥i)nditions specifying the time recognised when the conditioA8 have ￿￿en fulfille Donated serYie&s Donated services (in kind) aye rwis&l &% income when the charity control over the item, 8Dy conditions associated with the donated item have Eeen meL the receipt of economic benefit from use by the clwity of the items is pn)bable and that economic benefit be rn¢￿ reliably. On receipL donated s¢ryi￿S are rerA)gnised OD the FAsis of th¢value of the gift tothech3rity.namely at the equivalent ost to the donaling organisatioL A aEllout]t is t1￿ rwlli￿d in exp¢tylitire for peTiOd. 17 FINANCIAL STATEMETrrrs R)R THE YEAR ENDED 31 DECEMBER 2013 Prindpal *CCOUDting w)ll¢ks (continued) Expenditure Liabilities arerwnis￿ as eXFryJitu￿ &8 there is a legal or co1￿￿V¢ obligation committing the charitable ￿M[AllY to th¢ expenditure. All eX￿id[tu[C is a(WUDt&J for on an accruals basis. EX￿d1th is classified wththe following Rctivity h¢odinEs: Costs of rdising fimds compr]￿S the ca4ts of publicity. ExtKllditure on cl)aritable expenditur¢ ir￿1￿￿e8 the C4)sts of the project delivery ￿}dertaker1 Io Irycc4)verable VAT is cknorged &8 a ¢(￿t agaitL%t the activity f(r ￿l¢b the wnditsJr¢ was incurr¢ All￿tIon of Support Cl￿ts Siipport ¢ostsare those fuad10￿ thata&sisttheworkofthe C])8r1tyb￿don0t directly undertake charitable activity. Supwt ¢osts indude back-office cost& fiDatw personnel and gOverna￿e costs which support the clwilable company's activities. costs h&vetten all￿t￿lt0 activities IM8ed on tin]e spent and are shovm in llote 6. Penslon costs and other [*KqÉ-red￿￿eDt benefits The charity ¢4mtn￿U1&g into a Group Personal Pen%ton Plan for employees. This pension plan is thfin¢d contribution in J]ature and as rs1Wr￿j under FRS102 th¢ allll￿1 cost is r¢co8nis¢d as incunrd and ittcluded in the SIMtement of Financial Athivits&%. Fixed &￿ts and depretl*tlon Capital iteros ￿$titig over £250 are Capitalis￿ al￿ included in fixed &5s¢Ls. Depr￿ation is provided to write the cosl of the asset off over its ¢S¢1m￿ useful economic life by ￿Ual annual itL%ta]ments at rntes ' ￿tIrnated to ￿lts otytkr casts le&8 any T¢sid￿l value overthe exFect&] useful lives that are as follows.. rr equipment- 3 years Office equipm¢nl- 5 yeatS T4x*lion C4sb tasb equiv41eDts Cash aud casb equivalents Incl￿ at bank 8tbJ in Iwvj sb)rt.term (kp)sits r¢payable on OT within a tFffee-month notice puiTrL Debtors Trade and Oth￿ debtors ar¢ Twised at the setdem¢nt amount due after any trade discount offeTeiL Prepayments ar¢ v&lu&l at the amoullt pryid net of any trnde discounts due. Credltors cr￿ltOrS are recogllis￿l kn the cbarity a prwt obligation T¢&￿tIll8 from a p&st event that will probably rasult in the tra￿fer of funds to athird pty aDd th¢ amount to settle the obligation can be FiDaDcial Instrwnents" The charity only fiDwia] a$￿ts and financial liabilities of a kind that qualify as basic financi81 instruments. B&8ic financial irkneJts are initially re¢ognisgJ at transaction value a￿￿ stthsequently me&8ured at amortised cosL 18 HRIVE TOGEfHER BtRMtNGHAM FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 21YL4 DonAtlons 2023 2022 BDBF- contiibthion to officc (ts#s . donation Church of Ellgtand Parish dot)ali Jndividuai and othw Christian orgAnI￿tion donations Tnuts and Foundthions 17J85 17J&S 10.483 iO,(KM) 15285 13P70 31JS5 34J55 38.868 lllcome from th•rit&ble actMtIL4 2023 Umrtstritttd 20 2022 Refvgee Week Fatth New Deal BDBF- in kind donation of stiyt¢¢s Near Neighbours Programm¢ Birniin8ham City Couo¢il- Body Mind Spmt Path¢r8hip IBMSP) ch Action (D Poverty- F(XMIPanty Pov¢ty Truth Commi&8ion Poverty Truth Network F(M)d Povety Grant (AG) Earty Ye4r5 BCC Connected Together Birningham Safe Skwces trmov8¢ion Weleome (Cadent Gas) Wami Wdcome ￿laCeS Of W¢lL¥)me) Wann W¢lcome ArL8 Projttt Warm Welcome Generated inc4)rne. other 10,O(N) 15.6(J) 68,747 25,033 nw7 71 281.875 53939 53P39 47J26 35.852 30.(HXI 3S651 040 io.w) &ii 35hSI ID,0 6,11 76ffj57 471429 549.086 514,433 Income from clwitAble activiti&8 re]atr8 to iDcome from (%)nts￿]81 affallgeln￿ts and oth¢T 5VVi￿8 PDvideiL tn 2022, income to restricted fi￿d$ was £445,686 and £68.747 to unr&8trided fjmds. The iTL.kiTLd servii*s by the BDBF repKseots ￿p10Ye¢ tio)e 5￿tOn the day to day rutmiD8 of Thtive To8dh Birmingham and othcr acCo￿￿TreY o)#s. 19 R THE YEAR ENDED 31 DECEMBER EwditsT¢ on cbarttable actsvitse8 21123 2023 Project Support and 2023 2022 Funded from U￿r￿l¢led Funds: OtherDevelopm¢nt ae4iviti&8 4&Tr5 48,775 51866 52.866 Fimdpl from D￿lgO￿ted Full￿. Pl￿ ofwelwm¢ Nei8hEKJurs #aff ￿$ts Safe Place5 8391 2,4118 8291 11.017 8.671 193 iOh99 19.881 FuDtsJ from R￿tri{￿l Fund*. NeArNeighknutS Body. Mitjd & spir1tPar￿erstiip Povcty Tnrth Qtrmmi5sion Pov¢rty Tnrtll NetW¢)Tk EaAy Hcalth & Wdlixing 26,794 J32 62 Jll 26,794 282J32 62Jll 26,965 303,421 61.614 28373 10957 9J12 28J73 10gS7 9A12 24.871 36,4S FWJ PAllty Feed Birmin8b8m FLX)d Povety (AG) Placth of Wdo)me AgeÉtig Better Binningbam Safe Spa￿$ Ionovation Conne¢tedTogether Toy34BHam Refugee Week Faith New Deat Warn) Welcome Arts Projox Wann Welcotne (Cadent) Warm Welcotlle (BCC) Warm Welcome Heatitig 21,920 5.318 6J71 6J71 71MI 043 24043 12,064 iO.(MM) 11,686 8,777 22Wii 17J85 8.777 22,011 17J&fj $28,043 528.043 518,355 54742 4S775 587J17 591.102 FINANCIAL STATEMETr¥rs roR THE YEAR ENDED 31 DECEMBER 2(LI Expendltsr¢ on Charitable %ctivitiu12022 comparativo4) Project Support 2022 Totsl OtherDeve]opM￿t activitss 52366 Fullda from D&8i8nated Fund&. Plac&8 of Weleome NearNeightK)ur$ 5wff ￿Sts Safe Places Commwjl￿tiOL llJJ17 71 11017 8ffj71 193 193 19WB 193 81 Futldcd from Restriitsd Fun(L8'. Ne4rNei&hbours- Core Ne4rNeighbourB- SuTge prograttlltse Near Neighbours-DeVdopm￿tg￿DÈ Body, Mind & Spirit P8rthership Povty Thrth Conllni&8ion Early Y¢ars Health & WellFKiD8 303N21 61514 303,421 24374 W96 2192(1 S318 24174 36,496 21J2• SJ18 FLKKI P8nlry Food Poverty (AG) Places of We]c4)Tne A8eing Better Safe Spaces foT yO￿B P￿pIC Connecte4 Togdh Toys4BHam R¢fu8ee Weck Faith Ntw Deal 12 lom￿) 11fv86 11,686 S18JSS 518J55 591,102 FINANCIAL STATEMETrit5 K)R THE YEAR ENDED 31 DECEMBER 201 ADatyBig of Grants Made ID23 2022 Value Fund￿ from R*tcted Funds.. Body, Mitid & SpwitPartttasbip Feed Bim]ingba F(knJ Povty (AG) Refugee Week Faith New Deal Wann W¢l¢4)rnc Grnts Warm Welmc Heattn8 i¥N8 9Jl2 207.632 21,920 6.419 io.( 01 17J&S Totsj 236 245971 ri)R THE YTAR ENDED 31 DECEMBER 2(IZ3 ADatysL8 of support and governalltt ¢￿ts 2023 Wages and salgrie& indudillg iti klttd scrvices from BDBF OffiL% rent Administralive support ￿818 Travel fjndtraining wsts 71&57 IOAf iJ90 351 2J113 12J9 1S119 8&776 108 iJg) 351 2,103 Depreciation Independent Exatninthn >ard Strategy Day and expense8 Collununications Bank Charges on tr8DWtions M&na8ement cbsrges rcthvcred frnm prnjeL£ 74 74 151 (56W7) {56W7) TotAI 30434 18J41 48.775 2022 CornrArative 2022 Wag&s &nd salariu." includin8 in kind servic&8 from BDBF Offic¢ rent Administralive suRxTrrt o)sts . Travel ￿dÈraining costs Insw￿C¢ Depreciation 68.747 10.075 5.919 134 1061 1.405 SJ67 74J14 10,075 5919 134 2.061 1.405 780 103 193 219 Board Strdte8y Day and CXFeL Communications Bank Charg&8 on tr&L8acknns 103 193 219 projects (42.144) (42.144) Tots] 46.416 6.643 S3.059 FNANCIAL STATEMEf+rrs IUR THE YEAR ENDED 31 DECEMBER 2 AnaiysL8 of tru¢ee remuDtrnflon *Dd aDd the cost of key managemmt penonDel 20LI 2022 Wa8Q5 And s￿8[I￿ EmployerN4tional 166J37 16,654 ioJiJ 167.253 12.2Y) 10.&55 RedUnd￿CY FA>IDe 193J04 189.Ei18 This ¢on be further aDalysgA as: 8nd s&]&ri&8 of employd st8ff-trtsjrft actsvity 106A28 115.294 Wages and Sal￿1￿ of eMph)Y￿ staff- SuFP)rt & govern In-kind donatiotl of ￿aff titD¢ frn BDBF- Suptrt￿& 8overnan¢¢ 15,119 71,657 5.567 68,747 Total- Sup[￿& govmttL% 86.776 74,314 193J04 189,(418 No onployees had employeeknefits ill ex(&*8 of £60,0(M) (2022.. DID. P¢n8i(m Costs orc all(￿tea to artivilies In ]ine Thith the nab￿cOf the a¢livi¢ie5 tbat&particuJar ￿ett￿tr works on. ' The ch8rity enth NThEre not￿idOr￿1Ve4j otherbuKfits from e4nploYM￿t with th¢ cbarity. Tntstravel reitnbw*ldwing the year amoullt¢d to £nll {2022.. £nil). The k¢y rnanagernentpers￿ffd of the ¢h&Tity a)mpri* th¢tsi￿te￿ attdthe ￿]er Ex￿￿ttY¢. The Chief Executive is on sxOttthll￿t from the BinniDgbam Di{J¢¢8￿ BoardofFinsn4 which equat&4 to an in 4ind cost of £61759. (2022.. £60285) in¢luditig t￿ploYerre1at￿ ¢¢)5ts. The eharity h&% notE￿Id UDployee F£nefits directly kn the key ThrivemaiDtains a small core of TnmgneJAt stsffj Who are deploy￿On a raDg¢ ofproJ￿ asrn]uir&l ill additioll 10 r4uiredto detiver For Qnployed staff theaver88¢ monthly head &)unt gDdtheaverngenM)nthly numbtt of fullkne equivalents dwin8 the year w&8 4 3 (2022.. 6 alld 41 24 roR THE YEAR ENDED 31 DECEMBER Fixed Computsr At l January 2023 . AdditioDS 7J51 16,151 1.458 1.458 At 31 fkLtthber2023 7￿51 17AVJ At l January 2023 CharBe for theycar 7949 854 14989 1276 422 At 31 D￿ClUb¢r 2023 Net Ixjokvgkne At 3 1 December2023 At 2022 651 511 1.162 Debtor5 Amounts ￿C¢1y￿bIC within l year: 20LI 2022 I￿aY￿¢llts alldAcaugJ Ino)me Other Debtors 1.161 85916 666 7910 ,077 8.576 10 Creditors: amounts falling due wxthin one year: 2023 2022 3.077 7220 Defe￿ed Income 49981 7.220 FOR THE YEAR ENDED 31 DECEMBER 21ll3 Il Funds BaJalle¢ at 31 DeCt￿b¢r 2023 Janu8ry 20 Jncome Ewditur¢ Transfer5 Restiicbl fund8.' Horne1￿8n￿ (kniously Birming urGh¢s Wintrl Ni8ht SheItrx) Neighixsurs Progralljme Body MiDd & SpiritPartn¢rsknp 7.214 7314 l757 147.198 27.463 28196 262 53939 (26,Tr4) (282J32) {62Jll) 13,iNXI) (IOJ57) (28373) 1700} (9J12) (6J71) (15901) (6,110) {1758S) (&777) 127A66 19,091 Poverty Truth Netwo Fo￿1 Pantry Eorly Years Health & Wellbein8 S 4617 26S702 Designatsd CDmmulli¢xtions Desigoated Saf¢ Pla￿8 Duignated Near Nei8hkn Stsff Costs D&$i￿atrd Redund&llcy Costs D&sigllated YouDgPeople Progr￿¢ (193} (8ffj71) 01017) io.( 15.C 1?29 18,IK¥J IU17 34.1)¢M) 9081) 16310 30J29 i&0 {51W) (20027) Iwi Totsi fun 350.463 $53JOi ($91.102) 312,662 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 li Funds (conthiU￿1) tmaijs of the r￿r1ded fillats are &8 follows: Homele&sw-This futulrelat¢s towific donatiofjs raisedto fimd delivery of ahistoric W]nter￿￿1t Shelter project. Now renamol as Homelessness it will E¢ to SUPlM)rt our work in Birniingtiwn in r¢sp)nse to 'ComlngHome', o re[￿1 con1￿￿0￿cd by the Archbisly)ps of Canterbury and Y(rk in re￿￿ to the ho￿1ng crisi& Near Neighbows F¥owrne- IIMe fim(L% rel* to our Wear NeighEM)uts" FrogratDme fundsj by a cenlral governinent giaDt via the Church Urban Fun& Thi5 is ￿ed to fund the daY-l￿thy oFr&tions of this prOj￿l Bodymind & SpiritPartnuthp-This fundrelatQ5to Ourworkthroughthe'B(￿y, Mind a￿1 SpiritPartnetship' that is ￿Mm￿lOn￿ by Birmingham City coul￿11 to d¢liver supwt and activities to older wle. Pla¢es of Welcome - This furAI relates to a grant from Evesm Trust to siiprrt)rt the Lmists of growillg alld supporting the Places of Wel(wie network in BiTmiDgkn was in 2021 and then suppl¢m¢nt¢d with Fun(L8. Poverty Truth CommissiTr)- This fuThl Te]at4s to a wt fr(¥m ttrie Bimingham City CounciI Public H¢alth to Poverty Truth Network- Thts fimd relat&% to a piece of work funkj by the Povety Truth Network Clwity through a rn from the Nati()nal IA)ttoy Food Panty and F￿d Poverty- This fillkl rela*s to SW f(( F(wJJ Poverty projects run in conjunction with Church A￿lon on Poverty. Early Years Health & Well￿1n8 servic￿ - This fi]Thl relates to our work through the Earty Years Health & W¢llbeing SeTri¢es contract from Btrmits Community Healthcar¢ NHS Foundation Tntsl to support their deliv¢ry to fami]i£s withy0w￿ childraL AgeingBetter-Thisfundre]at&4kn oUrwo￿fuDdedthr0u8hB1r￿ms￿voli￿￿ryServIcecOU￿cil to support older people wogrdDMlles by tbird se¢tor or8an1satso￿. Feed Bimingkn- This fund relates to donatio￿ Teceived to 8iWP)rt our emergency fo(MJ resp)nse during Covi Warni W¢lcome Grants - This relates to fimdiD8 receiv￿ fr(vn two (knK)rs to create a sn￿ll grants fi]nd to support church¢s 8nd Cbtislian or8anisatsorts to the C(6t of Living Crisis by offaing a place of Warm Welcome. Warm Welcorne Proje£ts - This relates to a grant from Birmingkn City Council f(K a specific piece of dev¢lopment to widen c(xtllnunity engagement in the Warn] Welcome netwo￿. Warrn Welcome Heating- Thi5 re18t&% to funthDg reiyived from Birmingham Diocesan BIKrd of Finan¢e to & sma]I grants progrdmme for thurch¢s n￿dItig to repair ￿ting sYst¢D￿ in their buildings for the benefit of the wider commtmvty W8rn1 Welcome Cadent Gas - This fund relat&% to a m to￿ salary c(K8ts to manage W8rn Welcome activity and to 5UPm an investment wigr8n]me to ￿ll￿VnIty or8atllsatioA% w0￿]llg in pthership with F￿ANCIAL STATEMETrfTS FOR THE ￿ ENDED 31 DECEMBER 2111 Warni Wel¢om¢ Arts PrOJ￿t- This futml relth to a gr8nt fr(xn Civic Power Futsl to support Warni Welc4)m¢ evaluation activity. Refugee Week- This fillkl relates to a grant from BinDingkn City Councll ThTiYe to be distribut¢d to conllnut)ity organisatio￿9 offering activities Refugee Week in June 2￿22. FaithNeivDeal-This fund r¢lates to a m fr(xDth¢ tkt•rthl￿tf0r[A1ingup. Ho￿9]￿g 8nd CollJmuT]iti to a Imrtnership of memlKrs of the Together Netwo￿ to deliver & (X)Dsultstion a¢tivity across the county. In Binninglwn our foc￿8 WAS hearing the exwiences of f8n)ilies Withy0￿ child Birniingbam Safe Spa￿s In￿0￿]0￿ Fund-This rel&te5 to fr(Mll Church C(InM￿loners of England via Birniingbam Diocesan Board of Fina￿¢ to develop Safe s￿ for Y(Kmg P￿pIe with Angltw ChU￿h&S in the Diocese of Binning1￿ ToyABh8m - This fjjtyj relates to donations ￿elY￿ to SW a th1Stit￿ ApFoal for Toy5 which were distributed to f8milies sufferin8 as arasult of the C(*t of Living &isi& 12 Net Asyets by Fund 20 21ll3 Debtors 565 45J79 (3.IJM) 95,059 187ffj20 (46921) 261,799 (49,981) cr￿ltorS le&8 than l ye4r IIS758 3￿780 2022 21122 U*r¥trldal tkslgnated Restricted Total fands ds 2022 F]xed a&8ets Debto 1.055 3J31 13.025 (780) 107 5245 266.7 (6.440) 1.162 8.576 310,144 (7.220) 30J29 Creditors than l yeor 16,631 30J29 265.702 312.602 HRtVE TOGEfHER BIRMINGHAM FINANCtAL STATEMETrtrs K)R THE ENDED 31 DECEMBER 2Q3 13 Controlling Inteytsts and rela￿1 party tram5ai*ions The oharity is a jointventt￿e betwe￿ the Church Urban Fund fCUF). the Bishop of BimIng￿ and the Birmingbam Dicwan Board of Finance as set out in the R¢port of the Tnth oll page 9. CUF is the lead 8(YOUDtsble iN)dy for the Near NeighiK$u￿ PrO￿e fundal by the Department for Levelling Up. Trive Together Bxm)ingham i5 a proJ￿t P9rtiw in the Programtne a￿1 Tr¢eived £35,006 of grant fillyjitig vi& CUF (2022: £25,033). The Bitrnin￿ Diocesan Board of FI￿￿e Ixyntiibuted in kind donatiODS of £71.657 (2022: £68,747) of employee titne and other ¢(*ts tOWdrd% the day to day nmning of the charity. The Birn]ingham Dio¢es8n Board of Finance ¢ontiibuted £3.(XY) (2ff22.. £3,(th) tow8rds the Offi￿ costs of Trive Together Bimiingbam. FDIANCIAL STATEMEFITS 14 Prior Year Compgr*ÉlYe S¢AtemeD¢ of FlllaDcl41 A¢tlvltle8. Totsl Fun¢l8 fuDds INCOhlE FROM: Donations Charitable artiviti&8 3.483 68.747 35J85 445.686 38.868 514.433 TOTAL INCOME 72 553 Raising Fund8 Lknitable acLiv¥ties (52.860 (19.881) (518JS5) (391.102) 518 Nct incomel(expodith) . 19J64 {19.881) (37284) (37,801) Tr8wferJb&w¢en funds {20.821) 16210 4.617 NET MOVEMEpff IN FUNDS RECONCILIATION OF FUNDS Totsj bjnds at i Jgnuary 2022 (1.463) (3.671) 132.667) (37.801) 18.094 298J69 350,463 Tots] fuDd5 at JI Dteemb¢r21Y22 1601 lJ29 265,702 312&O2 FINANCIAL STATEMENrs IDR THE YEAR ENDED 31 DECEMBER 21YI8 ACKNOWLEDGEMENT OF FUNDERS The Tr￿Ste¢S of Thrive Together Birmingham aCk￿)VAed8e their thanks to the following fi]nd￿5 for their g¢￿e￿sIty to th¢ charity dwiDS the year end¢d 31 LkCernF￿r 2023.. Birniingbam City COU￿11 Birmllwam City Council: Public Health Cadent Ga5 Ltd Church A¢tion on Poverty Church Conllnissiona5 for FW via Th¢ BirmiDgkn Di{￿ Board ofFIna￿t Civic Power Fund Department of Leyelling Up. HO￿81n8 and Communttia5 via Clmwch UrknFund Heart of England FoundatioL Payne Fu DonatioLs via Charitable Giving website Anonymou5 donations fr￿￿ Vdrious I￿liVith 32