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2024-03-31-accounts

Soho First Community Development Trust Trustee’s Annual Report and Financial Statement for the Period 1st April 2023 - to 31st March 2024

Charity name: Soho First Community Development Trust

Other names charity is known by: Soho First, Soho First CDT

Charity Number: 1173499

Principle address:

Handsworth Baptist Church Centre 38A Victoria Road Handsworth Birmingham B21 0SA

Trustees

Andrew Simons (Chair) Rhona Rouse (Treasurer) Robert John Higginson (Minutes secretary) Rev John Mall Carol Henry

We thank the Trustees for their continued commitment and contribution to the work of Soho First.

Structure, governance, and management

Governing document

Association model constitution Charitable Incorporated Organisation Registered 20 June 2017

Trustee selection

The Trustees are elected at the Annual General Meeting.

The objects of the charity are:

  1. To develop the capacity and skills of the members of the socially and economically disadvantaged community of Soho Ward, Birmingham, in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

  2. The promotion for the public benefit of urban regeneration in areas of social and economic deprivation (and Birmingham’s Soho Ward) by all or any of the following means:

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The Trust’s mission statement is:

"We aim to connect the gifts, aspirations, capacities, and skills of the people in Birmingham’s Soho and Jewellery Quarter Ward to identify local needs and priorities better and to act to address them. Soho First strives to collaborate with residents and partners to address local social, economic, and environmental priorities and create a better place for everyone to live and work in."

Summary of main activities undertaken

This report covers the financial year from April 1, 2023, to March 31, 2024. Soho First presently relies entirely on volunteers to achieve its objectives. Since its establishment in 2017, the organization has greatly benefited from the commitment and contributions of many dedicated individuals, especially its Trustees. However, we have also experienced the loss of some key members who have moved away from the area and can no longer participate actively. This has impacted our ability to achieve certain goals. As a result, recruiting new members, including Trustees, will be a priority in the coming year.

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Thriving Soho

Work has begun on a revised Community Economic Development Plan for the Soho and Jewellery Quarter Ward. This plan will incorporate the findings from research conducted by two groups of community researchers as part of the USE-IT! programme (Unlocking Social and Economic Innovation Together)

The research conducted by the USE-IT! researchers has helped to inform a report on Progressive Procurement in Birmingham . This report examines the challenges that social enterprises face when accessing public sector procurement processes and discusses possible solutions to these challenges.

Environment

Chris Milton has continued to organise litter picks and clean-up days in the area, bringing together numerous partners and residents. For example, Chris organised events as part of The Great Big Green Week, 10 – 18 June 2023.

Thanks to Chris Milton for his continued commitment to improving the environment in the area.

Social media

Lee Thorpe at Steamroom Media continues to maintain and host the Soho First website, including a Facebook page link. Thanks to Thomas Cantwell for his contributions to the Facebook page.

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Soho First Community Development Trust Financial Statement 1[st] April 2023 to 31[st] March 2024

Income
0.00
Expenditure
Website domain name and hosting 115.99
Service charges 72.00
_
Total expenditure 187.99
Balance from previous year 6,671.67
Total income 0.00
_
6,671.67
Total expenditure 187.99
Balance as of 31st March 2024 6,483.68

Signed on behalf of the charity’s Trustees Signature

Full name: Andrew Simons Position: Chair Date: 12[th] February 2025

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