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← Herefordshire Vennture

2023-12-31-accounts

NDEX
P~ae
REPORT OF THE TRUSTEES
1. Reference and Administrative
details
2. Chair's report
3. STRUCTURE, GOVERNANCE
AND MANAGEMENT
4. FINANCIAL
REVIEW including
reserves		 policy
5. PROGRESS AGAINST CORE OBJECTIVES
a. Progress Against 2023 core objectives
b. Intentional
Growth
Priorities for		 2024
SOCIAL IMPACT REPORT
1. Impact Summary 13
a. 2022 for historic comparison
b. 2023
2. Home Presence initiatives 16
3. Fresh Start initiatives 21
4. Street Presence initiatives 28
5. System Leadership
initiatives		 35
6. Vennture
Enterprises
Ltd		 39
STATEMENT OF TRUSTEE'S RESPONSIBILITIES 42
REPORT OF THE INDEPENDENT
AUDITORS		 43
ACCOUNTS
1. Consolidate
Statement offinancial activities		 46
2. Consolidated
Balance Sheet		 47
3. Charity Balance Sheet 48
4. Consolidated
Cash Flow statement		 49
5. Notes for Consolidated
Cash Flow statement		 50
6. Notes to the consolidated
financial statements		 51

DESIGNATED cash to cover forecast payment DESIGNATED cash to cover forecast payment in arrears of restricted
income
DWP 3 months
in arrears		 = E661500
Herefordshire
Council
1 month		 in arrears = E11,805
DFE Contract = E20,000
Cash to cover forecast overheads not covered
from restricted
income		 E240,000
TOTAL E338,305
Actual unrestricted
cash reserves at 31 December 2023		 E438,482
Actual restricted
cash reserves at 31 December 2023
TOTAL CASH RESERVES held at 31"December 2023		 E97,300
E535,782
RESERVES held in tangible assets 6841,734
RESERVES held in investment
property		 E705,530
RESERVES held in net assets (E205,454)
TOTAL RESERVES E1,877,592

~ . ~
~ ~
„'4,," i ~g' 4'7 'il ' — & ~,64~,
'
a
Fresh start Volunteer mentors 6 52 f 1,300
Garden lk building project 15 1,920 f 28,800
Training 78 f 1,938
Building Better Opportunities
BBO		 73 f 243,011
BBOCommunity
Grant		 55 f 111,008
Community Renewa
I Fund		 191 f 509,112
Street-Presence Winter Provision
'
' ha
'		 27, 1,479' f 36975 71
65		 1949),
' . ' .994' K, 3'5,475 i 3'51 5 k." 2-
77 %,456 i K, 36,4QQ. i' 36 = 3fJ,
1,145 f 28425
Vennture projects 391 f 19,355
Buildings -Fresh Start Homeless 118 f 5,900
Development workshops 320 f 8,000
Trustees 669 f 33,450
Total across all initiatives 167 9,628 f 264,918 1,025 2,015 f 3,299,439
I ~ ~.
~		 I ~I ~ I I

Fresh start Fresh Start 164 230
Winter Provision 86 120
, Strqet»
Pr'rl.shficre-"		 r
 —
T»		 '-
'		 '
'		 Msrsa
Qglgg
~LArro 7, C
'
Tratarr"		 r- — V
Vennture Pro'ects 8 1,782 f 73,160
Buildings - Fresh Start Homeless 2 85 f 4,250
Development
workshops		 45 360 f 8,000
Trustees &Directors 7 658 f 32,900
Total across all initiatives 155 9,317 f277,385 966 1,734 f 2,432,747
I ~
~.
~		 ~ &
t		 ~ ~ g ~

resent
with simpler earlier		 stage, thoug h
no less		 challenging needs. needs.
Percenta eoffamilies hei ed
Family needs and issue 2019 2020 2021 2022 Family 2023
Vennture		 TOTAL
Mentorin Prevent
Parenting 87%o 83% 85/o 91/o 72% 89% 77%4
Children's
mental or
physical
health		 60%o 70/ 64% 85%+ 75% 80% 77%%uo4'
Children
not attending
school or at risk of 37%o 40% 30% 63% 83% 65% 77%+
school exclusion
Parent's
mental or
physical
health		 52%o 61% 47% 35%4 34% 39% 36/
Out of work
or financial difficulties		 60%o 43% 36% 28% 21% 26% 23%
Victim of domestic
abuse 32%o 36%o 31% 19%4 10% 24% 15%
current or historic
Children
involved
in
crime,
or anti-social
behaviour		 10%o 13% 5% 12o/ 19%o 7% 14%
or risk ofex loitation
Alcohol
or substance
abuse		 10%o 11% 7% 5% 6% 7%

Commissioned Commissioned Early Help 2023 Vennture
Prevent 2023
(Lottery funded
programme)		 Vennture
Prevent 2023
(Lottery funded
programme)		 Vennture
Prevent 2023
(Lottery funded
programme)		 Vennture
Prevent 2023
(Lottery funded
programme)
No of
families		 Average
weeks
su
ort		 Average
mentoring
visits		 %of
families		 Average
weeks
su
ort		 Average
mentoring
visits
Completed
families		 37 (65%) 25 21 39 34 28
Families who needed
social worker 11 (1910) 25 23
intervention
Families who
disengaged
from		 7(12') 14 15
su
ort
Families which moved
during
support		 2 (4%) 21 15

New Referrals in 2023 in 2023 Family
Mentoring		 Vennture
Prevent		 Thriving
Families
Primary
School		 25 33 58%
Social Workers/Early Help 21 n/a n/a 1910
Secondary
School		 19 19%
Health
Police
Self-referral n/a

People
Hel
d		 People
Hel
d		 Teams
Out		 Clearing Handed Out Agency
Interactions
240 68 Bottles Broken Glass Blankets Water Flip-
Flo s		 Lollipops 589
511 77 182 130 113

for the Year Ended 31 December 2023
31.12.23 31.12.22
Unrestricted Designated Restricted Total Total
funds funds funds funds funds
Notes E E E E E
INCOME AND ENDOWMENTS
FROM
Donations
and legacies		 66,038 6,863 72,901 562,700
Charitable
activities
Helping families,
young people
and individuals 62,000 5,000 540,143 607,143 1,271,750
Other trading activities 55,486 119,688 175,174 4,660
Investment
income		 787 275 1,062 47
Other income 1,479 1,479 1 760
Total 185,790 124688 547,281 857 759 1,840 917
EXPENDITURE ON
Raising funds 58,285 58,285 14,207
Charitable
activities
Helping families,
young people
and individuals 378 626 68,713 665 220 1,112,559 1,135,871
NET INCOME/(EXPENDITURE)
Transfers between
funds		 19 (192,836)
159,039		 (2,310)
~37,002)		 (117,939)
~122,037)		 (313,085) 690,839
Net movement
in funds		 (33,797) (39,312) (239,976) (313,085) 690,839
RECONCILIATION
OF FUNDS
Total funds brought
forward		 155,542 899,874 1,135,261 2,190,677 1,499,838
TOTAL FUNDS CARRIED
FORWARD 121 745 860 562 895,285 1 877 592 2 190677

Balance Sheet
31 December 2023
31.12.23 31.12.22
Notes E E
FIXEDASSETS
Tangible assets 12 841,734 859,460
Investments 13 1 1
841,735 859,461
CURRENT ASSETS
Debtors 14 993,716 1,092,403
Cash at bank and in hand 514474 385 067
1,508,190 1,477,470
CREDITORS
Amounts
falling due within		 one year 15 (341,080) (55,373)
NET CURRENT ASSETS 1 167,110 1,422,097
TOTAL ASSETS LESSCURRENT LIABILITIES 2,008,845 2,281,558
CREDITORS
Amounts
falling due after		 more than one year 16 (25,000) (25,000)
NET ASSETS 1,983,845 2 256,558
FUNDS 20
Unrestricted
funds		 1,088,560 1,121,297
Restricted
funds		 895,285 1,135,261
TOTAL FUNDS 1,983,845 2 256 558

for the Year Ended 31 Dec ember 2023
31.12.23 31.12.22
Notes E E
Cash flows from operating activities
Cash generated
from operations		 (91,375) 539,031
Interest paid ~17 276)
Net cash used in operating activities ~108 651) 539 031
Cash flows from investing activities
Purchase of tangible
fixed		 assets (14,414) (830,802)
Purchase of investment
property		 (22,111)
Reclassification
of assets		 (4,435)
Interest received 1,062 47
Net cash provided
by/(used		 in) investing activities $39 898) )830 755)
Cash flows from financing activities
New loans in year 294,034
Loan repayments
in year		 ~4,488)
Net cash provided
by financing
activities		 289 546
Change in cash and cash equivalents in
the reporting
period		 140,997 (291,724)
Cash and cash equivalents at the
beginning ofthe reporting period 394,785 686,509
Cash and cash equivalents at the end of
the reporting
period		 535,782 394,785

RECONCILIATION OF NET (EXPENDITURE)/INCOME OF NET (EXPENDITURE)/INCOME OF NET (EXPENDITURE)/INCOME OF NET (EXPENDITURE)/INCOME OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
31.12.23 31.12.22
E E
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (313,085) 690,839
Adjustments
for:
Depreciation
charges		 32,141 34,902
Interest received (1,062) (47)
Interest
paid		 17,276
Decrease/(increase) in debtors 167,639 (159,144)
Decrease in creditors 5 714 ~27,518)
Net cash used in operations ~91,375) 539 032
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.23 Cash flow At 31.12.23
E E E
Net cash
Cash at bank and in hand 394,785 140,997 535782
394,785 140,997 535,782
Debt
Debts falling due within 1 year (289,547) (289,547)
Debts falling due after 1 year $25,000) ~25,000)
~25,000) ~289 547) )314,547)
Total 369,785 ~148 550) 221 235

for th e Year Ended e Year Ended 31 December 2023 31 December 2023 31 December 2023 31 December 2023 31 December 2023 31 December 2023
2. DONATIONS AND LEGACIES
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Donations 57,737 6,106 63,843 528,678
Gift aid 8,301 757 9 058 34 022
66 038 6 863 72,901 562 700
3. OTHER TRADING ACTIVITIES
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds funds funds funds
E E E. E
Room hire 4,615 4,615 4,660
Intercompany recharges
Vennture Enterprises Ltd 170 559 170559
175,174 175,175 4,660
4. INVESTMENT INCOME
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Deposit account interest 787 275 1,062 47
Intercompany loan interest
787 275 1,062 47
5. INCOME FROM CHARITABLE ACTIVITIES
31.12.23 31.12.22
Helping
families,
young
people
and Total
individuals activities
E E
Grants 602,943 1,268,600
Training services provided 4,200 3,150
607 143 1,271 750
Grants received, included in the above, are as follows: 31.12.23 31.12.22
E E
The Eveson Charitable Trust 74,999
Building Better Opportunities
Herefordshire
Council		 30,834
146,217		 108,004
469,908
Hereford Cathedral 94,000 30,000
TNL Community Fund 166615
Carried forward 271,051 849,526

for t he Year Ended 31 December 2023 he Year Ended 31 December 2023 he Year Ended 31 December 2023 he Year Ended 31 December 2023 he Year Ended 31 December 2023 he Year Ended 31 December 2023
INCOME FROM CHARITABLE ACTIVITIES - continued
31.12.23 31.12.22
E E
Brought forward 271,051 849,526
Herefordshire
Community		 Foundation 1,000 4,000
West Mercia Police and Crime Commissioner Exchequer Services 3,000 116,051
Landau
Ltd		 2,781 49,337
Hereford
Round Table		 1,038
Lloyds Bank Foundation 25,000 27,250
Gannett Trust 2,348
Almshouse
Charity		 165,000
Gorsley Baptist Church 1,350 500
NIHR 2,300
The Jerusalem
Trust		 1,250
Benefact Trust 30,000
Herefordshire
Community		 Safety Partnership 20,000
Secretary of State for Work and Pensions 124,983
The National
Lottery Community		 Fund 63,484
Baring Foundation 37,000
Hereford
City Council		 3,000
West Mercia Community Safety Partnerships 20,294
Ludlow Trust Company Ltd 5,000
Community
Chaplaincy		 Association 10,000
Mental
Health
Rough Sleeper Project		 35,000
602,943 1 268 600
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 7) Totals
E E E
Helping families,
young		 people and
individuals 896 306 216,253 1 112 559
7. SUPPORT COSTS
Information Governance
Finance technology Other costs Totals
E E E E
Helping families,
young
people and individuals 32 789 38 524 132526 12414 216,253
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.23 31.12.22
E E
Auditors'
remuneration		 16,314 11,970
Depreciation
- owned assets		 32,140 34,902
Operating
lease payments		 ~9874 17,026

10. STAFF COSTS
31.12.23 31.12.22
E E
Wages and salaries 757,338 740,069
Social security costs 55,855 56,712
Other pension costs 13,749 13 954
826 942 810735
The average monthly number of employees during the year was as follows: 31.12.23 31.12.22
Management 8 7
Other staff 23 33
31 40
Vennture
Enterprises		 Ltd
38
The number of employees whose employee benefits (excluding employer pension costs) exceeded
31.12.23		 E60,000was:
31.12.22
E60,001 - f70,000 1
E70,001 - f80,000 1
The full time equivalent number ofstaff was 23.95 (2022:27.6).
Total key management personnel benefits amounted to f338,588 (2022: f284,787).
Total key management
personnel
benefits amounted
to f338,588 (		 Total key management
personnel
benefits amounted
to f338,588 (		 Total key management
personnel
benefits amounted
to f338,588 (		 2022:f284,78 7).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated Restricted Total
funds funds funds funds
E E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 42,284 494,549 25,867 562,700
Charitable
activities
Helping families,
young people and
individuals		 33,144 167,347 1,071,259 1,271,750
Other trading activities
Investment
income		 40 30 4,620
17		 4,660
47
Other income 1 659 101 1,760
Total 77 127 661,926 1 101 864 1,840 917
EXPENDITURE ON
Raising funds 14,207 14,207
Charitable
activities
Helping
families,
young people and
individuals		 303466 14,418 817 987 1,135,871
NET INCOME/(EXPENDITURE)
Transfers between
funds		 (226,339)
160920		 633,301
~18,655)		 283,877
~142265)		 690,839
Net movement
in funds		 (65,419) 614,646 141,612 690,839
RECONCILIATION
OF FUNDS
Total funds brought
forward		 220,961 285 228 993 649 1 499,838
TOTAL FUNDS CARRIED FORWARD 155,542 899 874 1 135 261 2 190677

GROUP
Assets Improvements
Freehold Under to
property Construction property
E I: I:
COST
At 1 January 2023 1,277,984 62,748 135,681
Additions 3,186
Transfer/reclassification )622,434)
At 31 December 2023 655,550 65,934 135,681
DEPRECIATION
At 1 January 2023 22,950 9,930
Charge for year
Transfer/reclassification		 13 111
~2976)		 6,783
At 31 December 2023 33,085 16,713
NET BOOK VALUE
At 31 December 2023 622,465 65,934 118,968
At 31 December 2022 1,255,034 62,748 125,751
Fixtures
and Motor Computer
fittings
f		 vehicles
E		 equipment
I:		 Totals
E
COST
At 1 January 2023 87,562 2,499 62,924 1,629,398
Additions 3,363 7,865 14,414
Transfer/reclassification $60,984) )683,418)
At 31 December 2023 29,941 2,499 70,789 960,394
DEPRECIATION
At 1 January 2023 5,554 958 51,562 90,954
Charge for year
Transfer/reclassification		 3,472
~1458)		 500 8,274 32,140
~4,434)
At 31 December 2023 7,568 1,458 59 836 118,660
NET BOOKVALUE
At 31 December 2023 22,373 1,041 10953 841 734
At 31 December 2022 82 008 1 541 11 362 1,538 444

CHARITY
Assets Improvements
Freehold Under to
property Construction property
E E E
COST
At 1 January 2023 655,550 62,748 135,681
Additions 3 186
At 31 December 2023 655 550 65,934 135681
DEPRECIATION
At 1 January 2023 19,974 9,930
Charge for year 13 111 6,783
At 31 December 2023 33,085 16713
NET BOOK VALUE
At 31 December 2023 622,465 65,934 118968
At 31 December 2022 635,576 62,748 125,751
Fixtures
and Motor Computer
fittings vehicles equipment Totals
E E E
COST
At 1 January 2023
Additions		 26,578
3 363		 2,499 62,924
7 865		 945,980
14,414
At 31 December 2023 29,941 2,499 70,789 960,394
DEPRECIATION
At 1 January 2023 4,096 958 51,562 86,520
Charge for year 3,472 500 8,274 32 140
At 31 December 2023 7,568 1 458 59,836 118660
NET BOOKVALUE
At 31 December 2023 22,373 1,041 10,953 841 734
At 31 December 2022 22,482 1,541 11,362 859,460

Vennture Enterprises Enterprises Ltd
Registered office: United Kingdom
Nature of business: Provision of accommodation
YO
Class of share: holding
Ordinary 100
31.12.23 31.12.22
E E
Aggregate
capital
Loss for the year		 and reserves (106,252)
~40,372)		 (65,880)
j65 881)
he company
covenants
its taxable profits to Here
low.		 ford
Vennture.
A summary
of		 trading
results
is
31.12.2023 31.12.2022
E E
Turnover
Cost ofsales		 186,375
~91361)		 13,083
~49 059)
Gross profit/(loss) 95,014 (35,976)
Administrative
expenses		 ~84,580) ~29,935)
Operating
profit/(loss)		 10,434 (65,911)
Interest receivable
and similar expenses
Interest payable
and similar expenses		 65
~50 871)		 30
Profit/(loss)
for the year		 ~40,372) ~65 881)

FIXEDASSET INVESTMENTS
- INVESTMENTS PROPERT
Group
31.12.23
E
FAIR VALUE
Additions 22, 111
Reclassification/transfer 683,419
705,530
NET BOOK VALUE
At 31 December 2023 705,530

Group Charity Charity
31.12.23 31.12.22 31.12.23 31.12.22
E E E
Amounts falling due within one year:
Trade debtors 155,133 224,250 124,821 224,249
Amounts owed by group undertakings 20,343 71,152
Other debtors 18,743 129,397 14,418
Prepayments 19,034 6,902 19,034 6,902
192,910 360,549 178,616 302,303
Amounts falling due after more than one
year:
Amounts owed by group undertakings 815,100 790,100
Aggregate amounts 192,910 360,549 993,716 1,092,403

Group Charity Charity
31.12.23 31.12.22 31.12.23 31.12.22
E E E E
Other loans (see note 17) 289,547 289,547
Trade creditors 24,862 44,336 22,180 25,146
Social security and other taxes 28,418 16,179 14,263 16,179
Other creditors 15,447 3,538
Accruals and deferred income 15,090 14,048 15,090 14,048
373,364 78,101 341,080 55,373

16. CREDITORS : AMOUNTS
F		 AL LI NG DU E AFTER M ORE THAN ONE YE ORE THAN ONE YE AR
Group Charity
31.12.23 31.12.22 31.12.23 31.12.22
E E E E
Other loans (see note 17) 25,000 25,000 25,000 25,000
The zero interest
loan of E25,000 has had no repayments
made in		 the year. Balance remains at E25,000.
17. LOANS
An analysis of the maturity of loans is given below:
Group Charity
31.12.23 31.12.22 31.12.23 31.12.22
E E E E
Amounts
falling due within		 one year on 31.12.23 31.12.22
demand: E E
Other loans 289,547 289,547
Amounts
falling due between		 two and five
years:
Other loans 25,000 25,000 25,000 25,000
18. LEASING AGREEMENTS
Minimum
lease payments		 under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
E E
Within one year 9,874 9,874
Between one and five years 32,783 42,657
42,657 52,531
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.12.23 31.12.22
Unrestricted Designated Restricted Total Total
funds funds funds funds funds
E E E E E
Fixed assets 32,514 75,207 734,013 841,734 1,538,444
Investments 705,530 705,530
Current assets 455,310 112,109 161,273 728,692 755,334
Current
liabilities
Long term liabilities		 (341,079)
~25,000)		 (32,284) (1) (373,364)
~25,000)		 (78,101)
~25,000)
121,745 860 562 895 285 1 877 592 2,190,677
20. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
E E E E
Unrestricted funds
General fund 155,542 (183,540) 210,765 182,767
Designated Raising Future Investment 235 235
Designated
26 Vicarage		 Vennture
Homes
Road		 899,639
(2,310)
~9,296)		 (37,002)
~51,726)		 860,327
~61,022)
1,055,416 (195,146) 122,037 982,307

MOVEMENT
IN FU		 N D S - c ont inued
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
E E E
Restricted funds
Street Pastors (8,591) 1,032 (7,559)
Lean on Me (3,611) 6,369 (1,805) 953
Family Pastors 48,269 (5,312) (23,145) 19,812
Hereford
Ambassadors		 42,370 4,263 (14,492) 32,141
Ledbury Ambassadors 1,285 (1,285)
Building Better Opportunities 3,739 5,418 (9,157)
Youth 5,916 (5,916)
PREVENTION4FAMILIES 93,200 (79,257) (14,023) (80)
Housed Homeless 648 648
Discretionary
Grant		 Fund 609 (417) 192
26 Vicarage Road 699,829 (19,395) 51,726 732,160
Landau
Community		 Prevention 313 (313)
Police Community Safer Streets 45,666 (35,603) (12,065) (2,002)
Response Pastors 30,000 62,166 19,249 111,415
Winter Provision 163,150 (68,172) (94,750) 228
Hereford vulnerability prevention 10,897 (8,597) (2,300)
NIHR 1,885 (312) (1,574) (1)
Parental
Conflict Challenge		 fund 18,565 (13,472) 5,093
Ross Ambassadors 1 000 1 285 2,285
1 135261 ~117,939) ~122,037) 895 285
TOTAL FUNDS 2,190,677 ~313,085) 1,877,592
Net movement
in		 funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E E E
Unrestricted
funds
Generalfund 184,134 (367,674) (183,540)
Designated
Vennture
26 Vicarage Road		 Homes 124,688
1,656		 (126,998)
~10,952)		 (2,310)
~9,296)
310,478 (505,624) (195,146)
Restricted funds
Street Pastors 2,446 (1,414) 1,032
Lean on Me 27,149 (20,780) 6,369
Family Pastors
Hereford Ambassadors		 121,158
30,099		 (126,470)
(25,836)		 (5,312)
4,263
Building Better Opportunities 30,835 (25,417) 5,418
PREVENTION4FAMILIES 17 (79,274) (79,257)
Discretionary
Grant
26 Vicarage Road
Landau
Community		 Fund
Prevention		 2,781 (417)
(19,395)
(2,468)		 (417)
(19,395)
313
Police Community
Response Pastors		 Safer Streets 3,000
200,915		 (38,603)
(138,749)		 (35,603)
62,166
Winter Provision 2,901 (71,073) (68,172)
Hereford vulnerability prevention (8,597) (8,597)
NIHR (1) (311) (312)
Parental
Conflict		 Challenge fund 124,981 (106,416) 18,565
Ross Ambassadors 1 000 1 000
547 281 )665 220) (117,939)
TOTAL FUNDS 857,759 ~1170844) ~313085)

Comparatives
for		 m ovement
in funds
Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
E E E E
Unrestricted
funds
General fund 220,961 (226,339) 160,920 155,542
Designated
Raising Future Investment
Designated
Vennture
Homes		 235
284,993		 633,301 ~18,655) 235
899,639
506,189 406,962 142,265 1,055,416
Restricted funds
Street Pastors (886) (7,705) (8,591)
Lean on Me 3,341 (6,952) (3,611)
Family Pastors 25,773 37,445 (14,949) 48,269
Hereford Ambassadors 24,608 24,131 (6,369) 42,370
Ledbury Ambassadors 285 1,000 1,285
Building Better Opportunities (4,273) 24,350 (16,338) 3,739
Youth 5,916 5,916
PREVENTION4FAMILIES 105,986 871 (13,657) 93,200
Housed Homeless 25,571 (13,313) (11,610) 648
Discretionary
Grant
26 Vicarage Road		 Fund 4,007
742,344		 (3,398)
(42,515)		 609
699,829
Landau
Community
Police Community		 Prevention
Safer Streets		 6,582
54,395		 3,246
3,942		 (9,828)
(12,671)		 45,666
Community
Renewal		 (HVOSS) 43,784 (43,784)
Fresh Start (1,443) 1,443
Response Pastors 30,000 30,000
Winter Provision
Hereford vulnerability
NIHR		 prevention 168,352
19,897
2,185		 (5,202)
(9,000)
~300)		 163,150
10,897
1,885
993,649 283,877 ~142,265) 1,135,261
TOTAL FUNDS 1,499,838 690,839 2 190,677

Comparative
net		 mo v ement
in funds, incl		 uded
in the abov		 e are as follows:
Incoming Resources Movement
resources expended in funds
E E E
Unrestricted
funds
General fund
Designated
Vennture		 Homes 77,127
661 926		 (303,466)
~28 625)		 (226,339)
633,301
739,053 (332,091) 342,234
Restricted funds
Street Pastors 2,718 (10,423) (7,705)
Lean on Me 2,927 (9,879) (6,952)
Family Pastors 153,925 (116,480) 37,445
Hereford
Ambassadors		 31,067 (6,936) 24,131
Ledbury Ambassadors 1,000 1,000
Building Better Opportunities 108,035 (83,685) 24,350
Youth 947 (947)
PREVENTION4FAMILIES 145,482 (144,611) 871
Housed Homeless 1,352 (14,665) (13,313)
Discretionary
Grant		 Fund 3 337 (6,735) (3,398)
26 Vicarage Road 3,870 (46,385) (42,515)
Landau
Community		 Prevention 49,338 (46,092) 3,246
Police Community Safer Streets 116,050 (112,108) 3,942
Community
Renewal		 (HVOSS) 226,274 (182,490) 43,784
Fresh Start 100 (1,543) (1,443)
Response Pastors 30,000 30,000
Winter Provision 202,142 (33,790) 168,352
Hereford vulnerability
NIHR		 prevention 21,000
2 300		 (1,103)
~115)		 19,897
2 185
1,101,864 ~817,987) 283,877
TOTAL FUNDS 1 860,917 )1,150,078) 690 839
Summary
Closing fund balances can be.summarised as the following between revenue and fixed asset funds:
31.12.2023
Unrestricted
Funds
Revenue funds 88,515
Fixed Asset funds 33,230
Total unrestricted funds 121,745
Designated
Funds
Revenue
funds		 76,508
Vennture
Enterprises		 Ltd (106,253)
Loan to Vennture Enterprises 815,100
Fixed Asset funds 75,207
Total designated funds 860,562
Restricted
Funds
Revenue
funds		 161,988
Fixed Asset funds 733 297
Total restricted funds 895,285
Total funds 1,877,592