Registered Charity No: 1154552
LADYWOOD COMMUNITY PROJECT
(A Charitable Incorporated Organisation)
Annual Report and Financial Statements
For the year ended
31 March 2024
LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
| CONTENTS | Page |
|---|---|
| Reference and Administrative Information | 2 |
| Trustees’ Annual Report | 3 - 12 |
| Independent Examiner’s Report | 13 |
| Receipts and Payments Account | 14 |
| Statement of Assets and Liabilities | 15 |
| Detailed Receipts and Payments Account | 16 |
| Funds Analysis | 17 |
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees of Ladywood Community Project present their report and financial statements for the year ended 31 March 2024.
Reference and Administrative Information
Charity name: Ladywood Community Project Charity registration no: 1154552 Principal address: Ladywood Community Centre St Vincent Street West Birmingham B16 8RP Board of Trustees: Bram Scott Chair Jacqueline Parker Gillian Robinson Gerardine Giblin Margaret Weekes Karen Bailey Co-ordinator: Gerardine Giblin Independent Examiner: Teresa Fennell, ACMA CGMA It Doesn’t Have to Cost the Earth Ltd 47 St Dunstans Close Worcester WR5 2AJ Accountants: Beeston-Clarke Accountants 242 Leicester Road Markfield LE67 9RG Bankers: Lloyds Bank Edgbaston Birmingham
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Structure, Governance, and Management of the Trust
As of end of March 24, Ladywood Community Project employs two part time members of staff. There is a coordinator, Caron Hallahan who works for 30 hours, a Family support worker Alison Allen who works 30 hours. There are four volunteers. Gerardine Giblin (20 hours pw) Bernie Stringfellow (3 hours per week), Dot Collins (4 hours per week) and Jackie Parker (5 hours per week).
Other volunteers are recruited for events and projects especially at the Christmas party and there can be up to 20 volunteers.
The day-to-day work of the project is reviewed by the Advisory committee and feedback is given to the trustees. They meet every 3 months and are made up of local community members and local organisations.
Advisory committee this year consists of 4 residents, reps from 2 local charities, a local Councillor, and a Birmingham City council representative. Staff and a trustee are also present to feedback. This provides a level of accountability to the community and gives good opportunities to network and add value to the service.
The objects of the CIO are:
The relief of people in financial hardship, by providing grants, items and services, including advice and signposting to agencies and organisations.
Background
Ladywood Community Project registered as a charity in November 2013. It had previously operated as a multi-disciplinary support agency operated by Birmingham City Council funded staff. It had been in existence since 1986 and is a well - known and trusted resource in the area and is seen as a first port of call to residents who need help.
Poverty continues to be a major issue for our residents. Latest figures, published by End Poverty campaigners show that Ladywood is the third poorest area in the country with 54% of children (17,938) growing up in poverty. 26.6% of residents live with fuel poverty (twice National average)
Ladywood is an area of high social housing and private rented with many residents working in low paid jobs. Many struggle to find adequately paid work to bring them out of poverty. Food and fuel have risen significantly over this period. We have seen the demands for our services increase as more and more people have fallen from the “just about managing” to being in financial crisis and needing help just to put food on the table and keep their lights on. It is a sad fact that many have do without heating or food just to survive.
The Ladywood Community project endeavours to improve the lives of local people in poverty or financial hardship and help, not only when they have a crisis but tackle the isolation and stress that poverty brings. We encourage families to feel part of a wider community that can offer friendships, shared leisure and be an active part of our team to address issues that worry them. We achieve this through practical, educational, physical, and financial interventions for those most in need of support.
We provide assistance to those who are in a crisis by giving emergency help with gas/electricity, food from our stocks, helping with school uniforms, bus fares, nappies and pre-loved children’s clothes and toys, referring to food bank, benefits and debt advice, letting
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
them use our facilities- washing machine, dryer, cooker/microwave and listening to them when they are upset, in hardship, depression or anxiety or just in need of someone to talk to.
We work in partnership with other agencies to create a Resource hub where residents can come in for debt and benefit advice, help with water bills, look for employment or be directed to agencies for their housing and other needs.
We offer residents support and encourage them to drop in and use our garden, kitchen and lounge, have free refreshments, meet other families, get help and advice, join one of our groups or activities or go on our trips. We run a popular play and stay group giving parents and children opportunities to learn through play, craft and trips to enhance children’s experiences and encourage development.
In the school holidays (summer and Christmas), dependant on funds, we give supermarket vouchers to obtain fresh food as a way of helping those families whose children would normally get free school meals or those families who are on low income or burdened with debt.
In the summer we have weekly activities and trips, including one to the seaside or resort. All activities are free, and trips are heavily subsidised. We hold community events often in partnership with other local agencies to help people feel part of a community and not so isolated. At Christmas we hold a party for up to 150 children aged 0-11years. We have an entertainer, DJ, crafts, and food. Santa sees the children in his Grotto and there are presents for all the children. We take over the whole of the community centre and are helped by 20+ volunteers. It is very popular with local parents and children.
Governance
This year our Trustees have met more regularly and have worked on strengthening and updating policies. We are currently working on our risk assessment as events outside our control could threaten our accommodation in Ladywood.
Birmingham City Council is bankrupt. We are situated in a community centre and this will be affected by cuts in the staff who service the building. At the current time we are hopeful that this centre will not close as the whole area is due for redevelopment and contractors may need to use other parts of the building which might save it. The city council may also decide to asset transfer the building in the meantime. It will be due for demolition as part of the development although we are unsure of timescales. We do know that City Council services will decrease and this will have a detrimental effect on residents and the cleanliness of the area.
The redevelopment of the area has been planned for several years but was interrupted by the pandemic. The partnership of redevelopment is between the council and contractors with most of the land currently owned by the council. It has been proposed that it will be done in 4 stages. The tower blocks will remain, and other council accommodation and affordable housing will be built. There is a lot of anxiety amongst residents. Those who are homeowners will receive market value on their property but are not sure whether this will cover the affordable housing for sale, council tenants will be offered alternative accommodation, but private tenants will have no rights to be rehoused. Many older residents are particularly worried about their futures.
As far as we know, the community centre will be in Stage 2 of the development which will start in 2029. They will be building a new community centre as part of the redevelopment, and we have verbally been assured that we will get accommodation in this.
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
There will be many changes that residents will go through and indeed the makeup of the area will drastically change in the long term We will need to respond to the needs of those most vulnerable and help them to navigate these changes.
Trustees are currently in talks with Councillors to keep fully up to date with the future proposals.
10 Year Celebration
The trustees wanted to mark our 10 years as a charity with an event. We invited our benefactors, colleagues in other organisations and our service users to the community centre to learn about the last ten years as well as help us celebrate our achievements. It was a lovely day with over 60 people attending.
Staffing
We have lost our very part time admin person who acquired a more substantial post and have not recruited as yet. This has created extra pressure on our workers as they now have extra duties inputting into our data base which is time consuming.
Our Benefactors
We have received several grants this year to help with our anti-poverty initiatives as well as a bigger fund from Tudor Trust to support our core costs. The grant from Tudor this year’s reflects two years funding at the beginning and end of the accounting period.
We have also been given smaller grants from Birmingham City council for a Funday and National Lottery to develop a Resource hub.
We continue to be overwhelmed by the generosity of our local businesses and local trusts and churches. We have longstanding CSR partners who have such a great understanding of our aims. They keep in regular contact with us and respond well to our requests for financial help towards our anti-poverty initiatives and needs for volunteers for specific tasks.
We would like to thank BHSF, MEPC, Gowling WLG, Calthorpe trust, Abacus, Paradise Circus, WPR, J Hudson (Acme Whistles), Hydropower, Benevity, Colmore BID, Cambridge Rd Methodists, Baron Davenports Trust, Michael Marsh Trust, Galliard, Brindley Place, WB Creative, St Georges church, The Flapper Pub, BMI, and Property for Kids.
We would also like to thank the many individuals who give us monthly donations or money in response to our initiatives. We could not help as many people without their goodwill and generosity.
We were also the Charity of the Year for BTSS (Birmingham Trainee Solicitors Society) who hosted a number of fundraising events on our behalf.
Gensler decorated our drop in with a beautiful mural that lifts the spirit of all who walk through the door and provided a much-needed notice board for all the artistic creations by our Wrigglers group.
Oe3 organised for us to be the beneficiary of 22 scooters with helmets and safety pads. We gave out these to families with children aged 6-16 over the summer.
We have been very fortunate to have an outstanding volunteer in John Pemberton who was a former resident. He runs his own business as an IT consultant and helps us with
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
everything digital to make our work run smoothly. He is very responsive especially when we need help and has been a great asset again this year.
We also have several regular volunteers who help us throughout the year particularly when we have events. We wish to thank Margaret, Annabel, Celine, Katarina, Christine, Laurie, Sarb, Suz, Corine, Kay, Dawn, Julie, Alex, Sharon, Karen, Joanne, Sam, Patricia, Bernie, Bram, Gill, Kath as well as all the volunteers from the businesses who wrap presents at Christmas and generally help us whenever we ask.
Our Work 2023/24
Crisis Help
We are increasingly asked to help those whose wages or benefits are not lasting until the next pay day. This can be for a variety of reasons although currently the tremendous rises in food costs and fuel have taken their toll and many have no savings to fall back on.
We can help to alleviate the short term crisis by referring to the Fuel foundation for money to be added to their prepayment meters We can refer to food banks or give a bag of food from our store but we also raise funds to give supermarket vouchers as an emergency.
We take referrals from trusted agencies such as Children’s Trust workers and debt and benefits advisors and ensure that this help is given to those in most need. This year we have helped 42 adults and 53 children at a cost of £1,310 in vouchers.
Fuel help
Many families are struggling to maintain a constant fuel supply in their homes and with fuel prices rising, this is increasingly taking more and more of their weekly budget.
In the winter there is extra pressure on heating costs and in the summer months the children are at home and families use more electricity and gas for cooking. The upcoming increases in the costs of fuel are particularly worrying and for many of our residents, self-disconnection from supply will be a painful reality.
For several years, we have raised money to help individuals and families in greatest need keep their supply on particularly if a financial crisis arises due to a delay in benefit or an unexpected cost arising. During the lockdown 2020, we joined the Fuel Foundation and are now able to give help without giving cash. A code is sent to the user’s phone which can be used to top up their prepayment meter. This amount of help used to give up to two weeks of help but now sadly because of the rises in prices it can only last a few days
Families must be referred to the scheme from a money advisor, credit union or other professional such as health visitor, social care or support worker, advice staff at Birmingham food bank. Households must be in crisis with their supply in danger of being disconnected because of lack of funds.
During 23/24 we gave crisis help for fuel by making 264 referrals to the Fuel Foundation.
Holiday Hunger
We know that parents struggle to feed their children during the summer, Easter and Christmas school break.
During term times many children have free school meals. Parents have not only extra food costs during the summer months but extra fuel costs.
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
For many years we have been giving extra support during holiday periods and whenever the family are in need
Families in need are referred from local schools, children’s trust support workers and debt and money advisors. In this way we know that we are reaching the most disadvantaged members of our community.
In Summer 2023 we helped 98 families that is 131 adults and 268 children by giving £100 supermarket vouchers.
At Christmas 2023 we gave supermarket vouchers, (£70 families £40 couple £30 singles) to 61 adults and 129 children.
We also made 50 referrals to food banks and gave 25 bags of food from our stocks.
Warm Homes project
We applied for a grant to give 50 families a variety of items to help them keep their homes warmer and help keep costs down. These were LED light bulbs, blankets, torches and a flask. Families were referred for this scheme and items were given between January and June. Help was given to 50 households This was 182 members (72 adults and 110 children).
Help with school uniform
We know from our many years of working with parents that buying school uniform in the summer is a very difficult and stressful time for parents. This is particularly true when children are moving from Primary to Secondary schools. The cost of clothing with the school logo is very high and require shopping in a specialist uniform shop. Parents struggle financially in the long summer holiday when there are extra food and fuel costs and buying uniform for all your children is daunting. Children need to have the correct kit so that they can feel confident particularly when it is a new school they are attending.
We started the uniform fund many years ago. Parents are referred by schools, children’s trust workers and debt and money advice professionals. We purchase the items that the children need online to provide a bespoke service. The families who are referred often need extra help because they have no recourse to public funds, are in debt or all their children have had to move school because of homelessness or other problems.
This year we helped 34 families and their 56 children.
Hardship Fund
The fund is to assist those who are homeless or at reach of losing their properties or finding that they cannot live there because of lack of facilities. In the past we have helped with basic items of furniture such as mattresses, fridges, gas/electric, prescription costs, bus fare etc.
This year we have supported 7 residents who were struggling with their lack of resources. We bought a term bus pass for a child to get to school, help with bus fares, emergency fuel and small grants to those waiting for benefits.
Resource Hub
We wanted to create a hub where agencies could come to offer help and advice to the community. We are in touch with a number of agencies who could provide a twice monthly advice service. We already had a debt worker from the Settlement who attends weekly and
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
someone from Severn Trent who attends every fortnight. We share our space with a benefits advice team.
We secured funding to hire a room which adjoins the Ladywood Community project. We used the space on Tuesday and Wednesday 11-1pm for 2/3 agencies to see residents.
We had interest to be part of this hub from Advance Credit Union, for Savings and loans, Warmer homes for fuel advice and home visits, Housing and Trident Reach for a job club.
The space would have also served as an ideal outreach for other agencies and a useful space for the proposed development worker as part of the Ladywood Ward plan.
We had use of the room until May 23 but then unfortunately the space developed a crack in the wall and we were unable to use it safely. We have continued to provide services but currently cannot develop it as we first imagined because of the lack of space. This project has been hugely popular with over 2000 contacts in the first year alone
Activities
In reviewing their activities, the trustees have referred to the Charity Commission guidance of public benefit.
Wrigglers play and stay
This is held on Monday mornings 10.00-11.45am during term time and is well attended. Children aged 3 and under attend with their parent/s and take part in creative play/cooking/activities. We have also engaged the children in growing vegetables and fruit.
There are outside trips to local places like the reservoir or local leisure centre for swimming.
There are on average 10 families who attend weekly.
This is a group, well represented by the wide diversity of cultures living in Ladywood. We celebrated these different cultures with foods and stories. The group helps to promote harmony and understanding between the parents as well as their children and a great support network has built up. It is a chance for parents to form friendships and help with isolation especially if they are the only adult in the household. The children also form friendships, and regular attendance provides the perfect transition into nursery.
Low-cost trips
Many parents dread the long summer, Easter and Christmas school breaks because there is a lack of affordable activities and to take children out costs extra money and many parents struggle to cope with these expenses. Parents sometimes feel upset that they cannot give holidays and outings to their children, and this undermines their expectations of what a good parent should provide. Relationships can sometimes suffer, and it is not always a positive time for families.
Since the project has been operating, we have always tried to offer very low-cost trips and activities. We want to help families to enjoy their time together and with the rest of their community. It is important for children because we all need positive memories in our childhood.
We have heavily subsidized our coach trips so that the cost per seat is a minimal amount. (typically, £2 per seat) We have also provided lunch packs to keep costs down for the families.
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
This makes a day out affordable even for the largest family who would never have the opportunity or funds to enjoy a day out together. In summer 2023 we had 2 trips to Westonsuper Mare which was enjoyed by 100 people.
Local Trips
Each year we are very fortunate to take families on trips, not just in the summer holidays, but throughout the year. Places the families like to go to are local attractions, so we do walking trips, where we meet at the community centre and walk together, families bring along a packed lunch, we bring light weight sports equipment i.e., balls, bats, frisbees, hula hoops. We go to the Edgbaston reservoir on a nature walk then on to the picnic area for lunch and games. Other local attractions we have visited include local parks, a walk along the canal to events in the jewellery quarter or the city centre to name but a few. Having walking trips allows families to see what open free space they have on their doorstep as a lot of our families live in the high-rise tower blocks in confined accommodation. They enjoy nothing more than getting out and about.
In December we were invited to breakfast with Santa and 7 families attended. Children and their parents had breakfast at a city centre restaurant and received presents and passes to go on the helter skelter, ice skating rink and big wheel based in the centre of the city.
In January we were given discounted tickets to a musical at Birmingham Town by BMusic and there was a free trip to The Botanical Gardens.
Ladywood Funday
Ladywood Fundays had been an annual event for over 10 years and have been greatly enjoyed by our community. We received funding from Birmingham City council to help towards this and had a great day planned but unfortunately, we had to cancel on the day because of heavy rain that persisted all day.
Christmas parties
Ladywood is an area with a high incidence of child poverty and many of our families would not be able to afford a visit to see Father Christmas. Our parties are therefore very popular, and this year was no exception.
We held two parties this year. We catered for up to 75 children at each party We catered for children aged 4-11. Parents attended with their younger siblings and smaller presents were given.
We held these at the community centre. We had an entertainer (Maddom) who did magic tricks and balloon sculptures, a DJ for each day, who organised games and dancing, a local face painter and the children made crowns with our extensive craft supplies.
Santa was in his grotto for the children to visit and were given presents. A lunch pack with a sandwich, drink, fruit and crisps were given when they left. Their siblings were also given a book and chocolates.
We had a prize draw (there was a free ticket issued to each family) and 10 families won a hamper (donated by Acme whistles).
In all, over the two parties we had 147 children aged 3-11, 21 children of 2 or under, 3 children 12+ and their 105 carers.
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
We had 17 volunteers at each event, volunteers from BHSF helped wrap the presents, volunteers from Galliard and BHSF helped setting up the grotto, all raffle prizes were donated by Acme whistles and some of the presents were donated by Hydropower.
Our parties could not have taken place had it not been for the generosity of our funders.
We are very grateful to them.
All the children really enjoyed themselves and for many it was their first community Christmas party.
Referrals to Birmingham City Mission
We are very pleased to be one of the referrals agents for City Mission. They deliver toys to families at Christmas and offer a bespoke service. We have to register the family details and they deliver to their home. The quality of the toys is outstanding and really helps families at such an expensive and often stressful time. This year we referred 185 families with 285 children.
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LADYWOOD COMMUNITY PROJECT TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Financial Review
Our main source of income this year was £83,605 received in the form of restricted grants.
Total income for the year was £122,143 (2023: £84,354).
Total expenditure for the year was £83,403 (2023: £85,444).
Total unrestricted funds held at 31 March 2024 and available for use towards the general objectives of the charity were £70,144 (2023: £49,843).
Trustees concluded that the level of unrestricted funds at the yearend is sufficient to meet the working capital requirements of the charity and enable it to continue its current activities should income decline or costs rise significantly.
Restricted funds held at 31 March 2024 which are to be used for the specific projects they were provided for were £53,389 (2023: £16,030).
Designated funds held at 31 March 2024 (which are unrestricted funds ear marked for a specific project by the board of Trustees) were £775 (2023: £19,696).
Reserves Policy
The charity has few overheads and is not locked into a lease agreement. Its antipoverty initiatives are funded through small grants specific to the needs of those in poverty. Any unrestricted reserves are spent on salaries and other costs, such as stationery, monthly rent, insurance and other running costs.
The trustees have decided that the charity need to keep in reserve a sum to cover any/all redundancy payments. This would be in the event -
-
The charity had to close because of financial restraints;
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The post was no longer relevant to the aims of the charity
For this year the amount would be £10,000. This will be reviewed annually.
Trustee Fees/Expenses
Expenses of £809 (2023: £137) were paid to trustee Gerardine Giblin during the year. £9 was paid for trustee travel and £799 was paid for travel as a volunteer.
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DYWOOD COMMUNITY PROJECT TRUST E'SANNUAL REPORT FOR THEYEA ENDED 31 MARCH 2024 Trustees. responsibilities in relation to the Flnancial Statements The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practtce). The applicable to charities in England & Walas requires the trustee8 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and appllcation of resources of the charity for that period. In preparing these financial statements, trustees are required lo: select surtable accounting policies and then appty them conslstentty., . observe the melhods and principles in the Charities SORP 2019 (FRS 102); make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financi81 statements: prepare the financial Statements on the going concern basis unless it is inappropriate to presume that tha charity will continue in operation. The trustees are responsible for keeping proper accounting records that dlsclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Chariti05 Act 2011, the Charlties (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are 8180 responslble for safeguarding the assets of the charity and hence for taking rea80nable steps for the prevention and delection of fraud and other irregularitses. Doclaratlon The trustses declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature Full name Bram Scott Position Chaiman Date 19.11. 12
Independent examiner’s report to the trustees of Ladywood Community Project (‘the Charity’)
I report to the Trustees on my examination of the accounts of the Charity for the year ended 31[st] March 2024.
Responsibilities and basis of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“ the Act”).
I report in respect of my examination of the Trust’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 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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The accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Teresa Fennell
Teresa Fennell, ACMA CGMA
It Doesn’t Have to Cost the Earth Ltd
47 St Dunstans Close, Worcester, WR5 2AJ
Date: 20th November 2024
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Ladywood Community Project CIO
Receipts & Payments Account for the year ended 31 March 2024
| Note RECEIPTS Donations 1 Grants Other Total receipts PAYMENTS Charitable Activities 1 Total payments Net receipts/(payments) Transfers between funds Cash funds @ 31.3.2023 Cash funds @ 31.3.2024 2 |
Unrestricted & Designated funds Restricted funds Total £ £ £ 25,543 12,838 38,381 - 83,605 83,605 157 - 157 25,700 96,443 122,143 30,160 53,243 83,403 30,160 53,243 83,403 (4,460) 43,200 38,740 5,840 (5,840) - 69,539 16,030 85,569 70,919 53,389 124,308 2024 |
Unrestricted & Designated funds Restricted funds Total 2023 |
|---|---|---|
| £ £ £ 59,153 8,471 67,624 - 15,920 15,920 810 - 810 |
||
| 59,963 24,391 84,354 |
||
| 30,897 54,546 85,444 |
||
| 30,897 54,546 85,444 |
||
| 29,066 (30,156) (1,090) (5,840) 5,840 - 46,314 40,345 86,659 |
||
| 69,539 16,030 85,569 |
Page 14
trfiiod COMMU Pml•GtCIO Sttsffl•nt ol A•••t• and Ll•bllNi• t 31 March 2024 CASH FUNDS & Dttlgnatrld fundb Tatsl 009n•t•d fvn fvnd• 1.125 1.481 121.702 70S 1.095 87.739 705 1.481 00.313 1.095 83,769 •t B•r 18,030 Tatst C•hfundB 711.919 01389 124 89.539 18,030 85,569 T¢1 A•••ts LoluE3 HMRC PAYE 135 135 460 BCA- BookkéoVW 324 Totsl Ll•bllhl 1.517 r•1pS payments •cuuM••rn4ppmed bythg Truste•• ..,........,....,...., .... èrJ *we signad cffl Iheir Lhl1 Lry.. Chamnan
Ladywood Community Project CIO
Notes to the Receipts & Payments Accounts
for the year ended 31 March 2024
1. Detailed Receipts & Payments Account
| RECEIPTS Income Donations Gift Aid Sundry income (e.g. ticket sales) Grant income Total receipts PAYMENTS Salaries Volunteer daily allowance Event costs Drop-in costs Vouchers/gift cards Hardship Uniform Resources Trips expenses Emergency fuel Christmas/Easter/Holiday Hunger project costs Staff/Volunteer travel/Expenses General overheads Rent Office Consumables Telephone Website Computer equipment Payroll fees Sundry expenses Subscriptions Insurance Staff/Volunteer training Accountancy and Independent examinations Bookkeeping Bank/CAF Fees/Interest charges Total payments Net receipts/(payments) |
Unrestricted & Designated funds Restricted funds Total £ £ £ 25,272 12,770 38,042 271 68 338 157 - 157 - 83,605 83,605 25,700 96,443 122,143 9,007 34,575 43,582 990 - 990 676 4,727 5,404 119 - 119 8,895 10,127 19,022 15 499 513 27 1,406 1,433 293 - 293 - 1,779 1,779 - 30 30 - - - 868 - 868 20,891 53,142 74,033 2,310 - 2,310 797 - 797 420 - 420 137 - 137 70 - 70 271 - 271 338 - 338 122 - 122 331 - 331 - - - 775 - 775 3,564 - 3,564 135 101 236 9,269 101 9,370 30,160 53,243 83,403 (4,460) 43,200 38,740 2024 |
Unrestricted & Designated funds Restricted funds Total 2023 |
|---|---|---|
| £ £ £ 58,669 8,471 67,140 484 - 484 810 - 810 - 15,920 15,920 |
||
| 59,963 24,391 84,354 |
||
| 8,311 35,378 43,689 - - - 1,017 12,059 13,076 232 6 239 11,009 - 11,009 356 1,714 2,070 31 1,886 1,917 5 360 365 577 981 1,558 - 229 229 131 1,933 2,064 160 - 160 |
||
| 21,828 54,546 76,375 2,417 - 2,417 54 - 54 512 - 512 137 - 137 - - - 410 - 410 56 - 56 259 - 259 331 - 331 124 - 124 666 - 666 3,888 - 3,888 215 - 215 |
||
| 9,069 - 9,069 |
||
| 30,897 54,546 85,444 |
||
| 29,066 (30,156) (1,090) |
Page 16
Ladywood Community Project CIO
Notes to the Receipts & Payments Accounts
for the year ended 31 March 2024
2. Funds analysis
| Restricted funds Council (Hardship - Trident) CAF donations for Holiday Hunger Michael Marsh Trust Private Donor WPR Agency MiCity National Lottery Property for Kids (Barques) Galliard Calthorpe BHSF Birmingham City Council - Be Bold CIL Birmingham City Council - Celebrating Communities Tudor Trust Gowling Designated funds BHSF - Christmas Help BVSC - Holiday Hunger Baron Davenport Trust - Christmas parties Love Brum - Uniforms Paradise Circus Poverty Initiatives Ladywood Helpers Funday Various small designated funds Unrestricted funds Total funds |
01 April 2023 Income Expenditure Transfers 31 March 2024 5,414 - 529 - 4,886 - 2,838 2,838 - - - 2,500 2,500 - - - 350 350 - - 1,864 1,900 1,406 - 2,358 707 - - - 707 - 9,840 6,415 - 3,425 - 3,000 3,000 - - - 1,000 1,000 - - - 500 500 - - - 750 750 - - 2,102 - 891 - 1,211 743 4,265 3,406 - 1,602 - 67,000 27,160 (5,840) 34,000 5,200 2,500 2,500 - 5,200 |
|---|---|
| 16,030 96,443 53,243 (5,840) 53,389 |
|
| 2,074 - - (2,074) - 3,320 - - (3,320) - - 1,500 1,500 - - 301 - - (301) - 5,497 - 5,497 - - 2,216 - - (2,216) - 1,626 - - (1,626) - - 775 - - 775 4,663 2,000 7,964 1,301 - |
|
| 19,696 4,275 14,961 (8,235) 775 |
|
| 49,843 21,425 15,199 14,075 70,144 |
|
| 85,569 122,143 83,403 - 124,308 |
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