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2023-07-17-accounts

About the Betty Ennis Foundation Our Mis$ion and Vislon The Betty Enni5 Foundation is a grassroots charity based in Coventry, UK. dedicated to alleviating hardship and poverty within our community. We strive to provlde essential support and resources to individuals and families facing financial difficulties, fostering a compassionate and thriving community where everyone can reach their full potential. Challen8es We Face Despite our commitment to serving the Coventry communlty, we are currently struggling with increasing overhead costs. As 3 non-profit organisation, managing rising expenses such as rent, utilities, and operational costs has become a significant challenge. These financial pressures threaten our ability to maintain the breadth and quallty of the servi￿5 we provide to those Sn need. Building Valuable Relationships In response to these challenges, we have worked tirelessly to estsblish valuable relationships with local businesses and communSty group5. Through these partnerships. we have been able to secure donations of goods and service5, which we then offer at no cost to the individuals and families we support. This collaborative approach has been instrumental in 5U5taining our operations and maximizing our impact desplte financial constraints. Our Charfty Shop Model One of the cornerstones of our foundation is our charity shop, which operates on a model that refletts our deep understsnding of the community we serve. We price our items in line with what is affordable for our community members, rather than their market value. This ensures that everyone has access to necessary goods, regardless of their financial situation. The shop not only provide5 affordable items but also serves as a community multi-hub where people can find support and a sense of belonging, use our pet and human food bank, help us understand their needs and put In place plans for help. Relnventin8 Profits for Greater Go¢)d Any profits generated from our charity shop are reinvested into our mission. These funds are used to carry out critical work and lind items for those in need. Whether it's finding emergency relief for families like gas and elettric top-ups, food parcels, garden work or furniture we have never strayed from the mission of helping whoever we can, however we Can. However, with our lack offunds we haven't been able to invest in our community as much as we would have liked to, We have instead used our resources to make valuable relationships with other organisations 50 we can be the middleman between need and help. Our volunteers have used their wealth of skills to re-do gardens, move people from temporary accommodation, give valuable advice, decorate and refurnish homes. With the

power of our little community, we have been able to spread the kindness as did our namesake. Our Impact Through our dedicated efforts and strategic partnerships, we have been able to make a meaningful difference in the lives of many Coventry residents. Our initiatives have provided not only material assistance but also hope and empowerment to those who need it most. By working together with local businesses, volunteers. and community members, we continue to strive towards a future where no one in Coventry must face hardship or poverty alone. For the future The Trustees h8ve expressed concern regardingour reserves not meetlngthe anticlpated levels. To address this, we plan to increase our grant applications to support core costs. Additionally. we aim to enhance our community Outreach efforts to identify furtherwaysto assistthe community. which will also position us to secure grantfunding for these initiatives.

Summary of the purposes of the charity as set out in its governin8 document The relief of financial hardship among people lfving orworking in Coventry by providingsuch persons with food and other home essentials that they require but could not purchase due to lack of financial stability. The relief of financial hardship, either generally or individually, of people by making grants of moneyfor providingor paying for items Services or facilities The relief of the sick-poor either generally or individually through the provision of grants, goods orservices The Charity has an emergency food bank for both humans and pets, the charity has transformed the hub into a mutli-bank offering a safe, warm place to cater for all needs. The Charity has performed services all over Coventry from household removals. moving people out of temp accommodation, supplying furniture, rubbish removals, garden work, environmental work and furnishing homes. Awaiting guidance Summary of the main activities in relation to those purposes for the public benefit, in partlcular, the activities• projerts or servlces identified In the accounts. ststement confirmin8 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Policy on grant making The Charity makes grants within Coventry to support those in need from lack of financial stability. The Charity has supported many individuals and famllles through the provision of goods and/or services through its Betty Ennis Support system. The charity has made long lasting relationships with companies and individuals who will offer discounted work for their support of the charity and its ethos. The Charity lacks any reserves due to increase in overheads. The policy ofthe charity aims to hold reserves at a level of paying overheads for at least a month and to 5UPPOrt grant giving at a similar scale. Summary of the main achievements of the charlty• Identtfylng the difference the charity's work has made to the clrcumstances of Its beneficiaries and any wider benefits to society. Review of the charity's financlal position at the end of the period Statement explaining the policy for holding reserves stafjng why they are held

Trustees Mr Paul Cowley Icurrent Chair) Miss Charlotte Wilson Mr Douglas Walton Mrs Vanessa Hut-Dixon Mrs Amanda McDonaugh (Died 13/09/231 Contsct The Foundation was established in 2019. with getting charity status in April 2020. The Officials Unit l Remembrance Road Betty Ennls Hub Willenhall, Coventry CV33DP Trustee Paul Cowley plans to step down as Chair trustee. The trustees apologise for the delay in uploadlng our statement of accounts.

Betty Ennis Foundation

Receipts and Payments Accounts

For the Period 17 July 2022 to 18 July 2023

Shop sales
Donations
Grants/fundraising
__
Rent and Rates
33,559
Wages
32,993
Power
1,714
Advertising
254
Insurance
1,246
Maintenance
1,266
Waste disposal
1,087
Motor Expenses
1,663
Print Post and Stationery
1,278
Loan repayment
3,000
Telephone
1,058
Finance Charges
1,888
Grants Given
700
Volunteer Expenses
1,946
Seasonal Events for the Community
362
Food Bank
_322
Surplus
73,834
991
12,093
86,918
84,336
2,582

Independent examiner’s report on the accounts for the Betty Ennis Foundation

I report to the trustees on my examination of the accounts for the period 17 July 2022 to 18 July 23

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (the Act).

I report in respect of my examination of the Trust’s accounts carried out under S145 of the Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission unders145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me concern to believe that in any material respect;

accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with accounting records.

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

John Russell Libra Accountancy Services 127 Momus Boulevard Coventry CV2 5NB