Registered Charity Number 1179171
Number Eight (Tamworth)
A Charitable Incorporated Organisation
Report and Financial Statements
For the year to 31 March 2024

RegiSte￿d Chanty Number 1179171
Number Eight (Tamworth
Report and Accounts
Contents
Pagg
Legal and administrative information
Trustees. Report
4-6
Independent Examiners Report
ststement of Financial Activities
Balance Sheet
Notes to the accounts
10-13

Regislered Charity Number 1179171
Number Elght (Tamworth)
Charity Information
Trustses
Richard A Hughes
Jane H Maugham
Victoria Vernon
Zetta Widney
Lee D Chetwynd
lan VV Perkins
Deborah Brayslaw
Keith Johnson
Jacquie Chambers (appointed 21 December 2023)
Indep8ndent Examiner
Inspired Accountants
Chartered Certified Accountants
4 Parkside Court
Greenhough Road
Lichfield
Staffordshire
WS13 7FE
Prlncipal Addrèss
8 St John Street
Tamworth
Staffordshire
B79 7EX
Registered Charity number
1179171

Registered Charity Number 1179171
NUMBER EIGHT {TAMWORTH}
Report of the trustees for the year ended 31 March 2024
The trustees present their annual report and accounts for the year ended 31 March 2024
The financial statements comply with the Charities Act 2011 and Reporting by Charities Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the U.K. and Republic of Ireland (FRS102) (effective 1
January 2019}
Objectives and Activities of the charity
The relief of those in need, in particular young mothers (and expectant mothers) through the
management of safe and secure accommodation for their benefit with the aim to ensure and
develop their good health and well-being lof bolh mothers and their babies) and life skills including
through education, training, employment, self-care and home care
Achievements and Performance
In last year's Report we mentioned that we were launching an appeal to endeavour to raise
sufficient money to purchase the residential property at 24, Albert Road, Tamworth which we were
leasing from the owner. A great deal of lime has been spent in trying to raise a deposit and to seek
a financial organisation which was prepared to grant us a mortgage facility to achieve our aims.
We are now pleased lo report that we were able to raise enough money for a deposit and also by
midway through the year, we were able to secure an agreement with The Charity Bank to arrange
a mortgage for the balance. Since then we have been working with the various legal teams acting
for each party's interests, and we are hoping that completion will take place during the first half of
the current year. The agreed purchase pri￿ is £350,000, and the completion of the deal will we
believe, provide a solid foundation to the assets on our Balance Sheet for the charity to have the
financial basis to provide the ability for the se1vi￿S we undertake to continue for years to come.
Our Chief Executive and staff continued to work hard as the amount of young people we are able
to help grows year by year and we are pleased to report that we were able to successfully meet
our aims and obligations in meeting our objectives. Indeed, we have also managed lo achieve
some improvements to our original aims with several of our residents moving on to universities and
lo develop real futures for themselves and their families.
We were pleased to receive considerable help and guidance through our very valuable
arrangements with the Lloyds Bank Foundation Ihroughout the period.
We have been fortunate in obtaining financial support again from The Lloyds Bank Foundation
Trust, and also other organisations such as The Henry Smith Foundation, The Neighbourly
Foundation. Masonic Lodges, as well as substantial donations from anonymous donors. The
combination ofthese has been invaluable and we could not have managed without them. We are
Gonsequently hugely grateful that such philanthropic organisations and individuals exist,
particularly in the current economic climate.
We have also been grateful to volunteers from companies such as B&Q, Aecom, and Atkins
Engineering who have helped us with decorating, gardening and other household duties to provide
better facilities for our residents.
We continued to apply for funding from a variety of trusts and philanthropic businesses and
organisations mainly through the hard work and efforts which continued from our Chief Executive.
As a result. we received a record amount of donations and are extremely grateful to our
benefactors
We continued to work with the Chamber of Trade and this has enabled us to make local
organisations more aware of our aims and purposes

Registered Charity Number 1179171
We also made substantial efforts lo increase the consistency of our warehouse operations, and
again have been grateful to the volunteers who have helped us in these operations. which not only
provide us with some extra income but also help us to fumish properties for when our residents
move on, whilst also enabling us to work with other organisations in assisting the homeless in the
area.
Financial Review
We are very pleased to report that our efforts to raise funding for day-to-day operation5 and long-
temi security have proved successful this year, with a record amount of income received totalling
over £300,000 for the second consecutive year.
Our expenditure in total has remained reasonably stable this year which has proved very
satisfying. This has been despite increased demands with regard to utilities and repairs and
maintenance charges as we aim to provide decent homes for our residents.
Nevertheless, our surplus for the year amounted to almost £89,000 thus increasing our Reseryes
as had been ourtarget. During Ihe forthcoming twelve months we will be trying to further retain as
much as possible of those Resetves as we build up our resources to achieve our capital aims and
increase our fixed assets, secursng the long-term future. We will however have a major change on
completion of our purchase of 24, Albert Road with the monthly mortgage costs being higher than
the Gurrent rent payable
Reserves Policy
The Trustees review the charity's need for reserves regularly, in line with the guidance issued by
the Charity Commission. The Trustees have adopted a policy that defines the nature and extent of
the cash balances required for the effective continuing operation of the organisation. They evaluate
the organisation's financial position in relation to thal policy on at least an annual basis. The
Trustees consider that the organisation's assets are sufficient and available to fund its activities
Risk Management
The Trustees examine the major strategic, business and operational risks which the Charity might
encounter and confirm that systems have been established to minimise those risks. The total
amount of funds held at 31 March 2024 was £213,712, £300 of which is restrided to funding
Heritage activities at the castle for some of the mothers. This amount will decrease once the
deposit for the house purchase is withdrawn.
Fund Raising
The Charity has been adive in fundraising in the following manner.
l. The charity's appro3ch has been to apply to as many Grant making bodies as possible
2. A professional fundraiser has not been used
3. Fundraising continues to be monitored by the Trustees and reported at Trustee meetings
4. No complaints have been recewed regarding fundraising
5. The public are approached for fundraising at occasional events or8anised by the charity and others
when thi5 is possible
Our thanks go to our staff and volunteers for their continued support at all times

Registered Charity Number 1179171
Future Plans
The Truslees have continued to discuss the future needs of all the people whom we look to assist,
whilst acknowledging that the present climate throughout this country and the world generally
makes this dfficult. However, the Trustees will continue to try and strengthen our Reserves to
make us more secure and develop our resources as and when this is possible_ We will continue to
investigate the needs of our local community and endeavour to meet those needs when our
financial and other reSoUr￿S are available
We note that, as at the date of this report. there is a continued need for our services and we look to
be able to meet the needs ofthe communrty.
Structure, Governance and Management
During the last twelve months there have been a few changes to our Board of Trustees, and we
pay tribute to the considerable contribution which all of these volunteers made to this organisation
and its members from the inoption of the charity and also whilst it was previously part of
Homestart (Tamworthl
We were delighted when our previous colleagues there were awarded the King's Award for
Voluntary Service and offer Ihem our sincere congratulations.
New Trustees have been sourced and we welcome them to our Board and look forward to working
together for the benefrt of the charity in the future. We will continue to look to strengthen our Board
of Trustees whenever we feel this would be helpful and when we note that there are any particular
areas that need strengthening.
The Board of Trustees is very mindful that the balance of skills will always be needed to maintain
the charily's momentum within both Managemenl and Board. With that in mind. since the financial
year end, the subject of succession planning is being considered and advice is being sourced in
this regard from the Lloyds Bank Foundation and its partnering organisations
The Trustees during the period are as stated on page 3
R A Hughes
Director and Trustee
Date 02.01. £0>

Registered Charity Number 1179171
Number Eight (Tamworth)
INDEPENDENT EXAMINERS REPORT ON THE UNAUDITED ACCOUNTS TO THE
TRUSTEES OF NUMBER EIGHT (TAMWORTH)
I report to the charity trustees on my examination of the accounts of Number Eight
{Tamworthl for the year ended 318t March 2024.
Responsibilities and basls of rèport
As the 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 Charities accounts carried out under section
145 of the act and in carrying out my examination I have followed all applicable
directions given by the Charity Commission under section 145{5)Ib) of the Act
Independent examinerfs statèmant
I have completed my examination. I can confimi that no material matters have come to my
attention in connection with Ihe examination giving me cause to believe Ihat in any material
respect..
1. Accounting records were not kept in respect of the Charity as required by section 130 of the
Act.. or
2. The accounts do not accord with those records.. or
3. The accounts do not comply with the applicable requirements concerning the fomi and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirements that Ihe accounts give a true and fair view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this rèport in order to enable a proper understanding of
the accounts to be reached
Paul Bulzacchelli FCCA
Inspired Accountants
4 Parkside Court
Greenhough Road
Lichfield
Staffordshi
WS13 7FE
Date
)IS.

iltygtered Ch&rtty Number 1179171
Number Elght {Tamworth I
Statement of Flnan¢lal Actlvltles I Incorporatln9 Income and ExpendltuM Account I
forthe year ended 31st Mareh 2024
Unrestrlcted R8stricted
Total
Last Year
Funds
Funds
Funds
Total Fund¥
Notes
2024
2024
2024
2023
Income resource¥
Ineomlng resources from geneTat•d funds
Voluntary Income
326,707
300
327,007
312,274
Totsl Incomlng resources
326.707
300
327,007
312.274
Dlrect charitsbl• •xp8ndlture
237,446
237.446
232,243
Governane•
577
577
924
Total re8our¢¢& •xp&nded
238.023
238,023
233.167
Net Incomlng reBoU￿e•
88,684
88.984
79.107
Total fund8 brought foThvard
10
114.728
114,728
35,621
Totsl Fund? tarried lonvar(I
10
203,412
300
203.712
114,72e
All aetlvltles derive from eontlnulng operations
The notes on pag• 10 to 13 fomi an Integral part of these accounts

ReWSte￿d¢h￿rityNU￿￿r 1179171
Number Elght l Tamworthl
Balancè Sheet
for the ygar •ndad 31st March 2024
Notes
2024
2023
The as8ets and Ilabllitle8 of th8 charlty .
Current a¥88ts
C88h at bank and in hand
Debtors and Prepayments
214,486
2,364
127,401
Total Current A¥88ts
216.850
127,401
CredStors:.
Amounts due within onè yèar
10
13,137
12,673
Net Currgnt Ass•ts
203,713
114.728
N•t assets
203,713
114,728
Thg funds ofthe charlty:
Unrestricted income funds
Restricted income fvnds
203,412
300
114,728
203,712
114,728
Total ¢harity funds
11
203,712
114.728
The accounts were approved by the Trustees OZ. ¢>1. 20 gF
and were 5igNed on its beh￿IrbY .
O Z Wldney- Trustee
Thè ntstès on pages 10 to 13 fonn an Integral part 01 th￿• accounts

Reb*sitted ChgrityNumber 1179171
Numbar Elght l Tamworthl
Notss to the Accounts
for the year •nded 31 March 2024
Accountln9 Policies
Basis of prèparing the flnancial stat•m•nts
The accounts of the charity have been p￿pared in accordance with the Charities SORP I FRS1021'Acwunb"ng
and Reporting by Charities.. Statement ol Recommended piactiTr applicable to charities preparing their accounts
in accordan￿ with ihe Fin8n¢ial Reporb"ng Stsndards applicable In the UK and Republic of Ireland l FRS1021
(effective t January 2019,, Financia1 Reportino Standard 102'The Financial Reporting Standard applicable
in the UK and Republic of Ireland and the Charities Act 2011,
Accountlng ConventSon
The accounts have been prepareil under the historical o)st convention
TaxatSon
As a registered charity, the charEty is exempt fr¢m Income and Corporation Tax to the ext8nt that its income and
gains are applicablè to charitable purposes onty
Value Added Tax is not recoverable by the chaiity and it is therefore induded in Ihe relevant costs in thè
Statement of Finan(i81 Activits"es
Funds Structu
The tharity maintains 8 g8n8t81 unrestricted fund whith rgpre5ent5 funds which are expendable at the discretion
of the trustees in furtherènce of the objects of Ihts ¢harity. Such funds may be held to finance ix)th working caprt81
and capital investment.
Reslri¢ted funds have been provided to tha charity for particular purposes and il 18 the policy of the trustees to
monitor carefully the application Of those funds in accordan￿ with the restri￿￿on$ ￿aCe￿ upon them.
Income Aeeountlng Pollcy
Income is recognised when the charity h85 en￿"￿ernent to the funds, any perforrnance conditions attached to the
iterns have been met. it is kKobable th8tlhe inex)me will be received and the arnount can be rneaSll￿d reliably.
Creditors Aceountlng Pollcy
Creditors are recognised where the charity has a p￿sent obligation resulting from 8 past event that wll probably
result in tre transfer of funds to 8 third party and the amount due to setue the obli9ation e8n be meaSU￿d or
estimated reliably.
Pen8ion¥ A¢Coun￿n9 Pollcy
ContribLrtions to defined ¢ontritxJtlon plans are expensed in the peri(xJ to which thèy relate
10

Regiskrtd ch￿tyNumbeT 1179171
Number Eight l Tamworthl
Notes to the A¢counts
For the year ended 31st March 2024 { contlnu•d I
2 Windin% llp or di5$0lution of the charity
If upon winding up or dissolution of the charity there reTnain any assets. after the satisfaction
of all d¢bis and liabilitie5, lh¢ assets represented by the accumulated fund shall be
transferred to some other charitsble body or bodi¢s having simslar objects to the charity.
2024
3 Surplus forthe fin4nclal year
2023
Thls Is after cl￿rgIng
Rentals under operating leases
Pension costs
Reporbng Accountants lees
40,675
6,871
48,083
6,747
72D
Funds b¢SonRing to the charity have kert used for th¢ purchase of insurance to protect the
charity froln loss ari5illg from the neglect or defaults of its trustees, employees or aRents.
or to indemnify 11$ trustees. ¢mployee$ or aRent5, winst the consequences of any ne£lect
or default on their part.
4 Trustees Expenses
No expenses were paid lo trustees or connected persons except re-imbursement ol exctrpb.onal
travelling expenses.
S Income Analysls
2024
2024
Unr•strlcted Restrlcted
2024
Total
2023
Totsl
Tamworth B C-housing benerts
Tenants conliibuts.on to utility costs
Lloyds Foundation
Warehouse & Shop Fumituie sales
Donation- Anonyrnous
Community Together
The Neighbourfy Foundation
The Henry Smith Foundation
Lion Club of Tamworth
The Rawlett Trust
SCC County Fund
Anton Scaffolding
Morrisons Foundation
Albert Hunter Trust
M1 Tarnwortr ASD
M8$0nic Charities
Support Staffordshire
Amold Clark
United Kingdom Sepsis Trust
University of Wolverhampton
Bauer Radio
Just Giving
Fund Generation
Interest
Othei don*ions
140,333
16,870
25,000
6.316
55,840
320
9,025
59,400
520
400
1,030
1,SCM)
140.333 122,838
16.870
17,144
25.000
27,250
6,316
20,980
55,840
21,840
320
3,600
9.025
59.400
520
400
1,030
1.5(
50.000
21,000
7,000
6,639
5,000
4,300
1,OCKJ
882
5,0
5,OQM)
1,938
313
1.938
313
463
2,060
300
2,360
898
326,707
300 327,007 312.274

Rewsiered CharityNumber1179171
Number Eight l Tamwoythl
Notes to t￿ Accounts
For the year ended 3181 March 20241 eontlnued I
9 Debtorn and prepaymènts
2024
2023
Prepayments
10 Credltors . amounts falllng du• under one yèar
2024
2023
Aecrued expenses
PAYE&NI
3.938
2,4e4
10.3(
2,25e
109
NEST Pensions
Home-start (Tamworthl
6.736
13,137
12,673
11 Fund Anaby818
Fund$ at
Income
Expended
Funds at
2023
Including
Intsrest
2024
Unrestricted fund
114,728 326.707
300
238,023
203.412
300
Restricted fund
114.728 327,007
238,023
203,712
11 Share Capltsl
The tharity is a charitsble incorporated organisalion and as such has no share caprtaS.
13