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2024-01-31-accounts

Charity number: 1196813

FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustee report 2-11
Independent examiner's report 12 - 13
Statement of financial activities 14
Balance sheet 15
Notes to the financial statements 16 - 26

FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JANUARY 2024

Trustees Lee Yale-Helms, Chair
Peter Rippon
Daniel Hickman
Jake Shaw
Abba Loughran
Claire Preston (deceased 06/11/2024)
Leigh Garbutt
Hamish Munro
Samantha Richards (resigned 20/03/2025)
Joshua Cronin
Claire Hackett
Colin Horwath (resigned 15/03/2024)
Ama Agbeze (appointed 30/10/2024)

Charity registered number 1196813 Principal office Birmingham Childrens Trust 1 Avenue Road Aston Birmingham B6 4DU Accountants Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG

Page 1

Trustee Annual Report

For the period from 29 January 2023 to 29 January 2024.

BFRIENDS (FRIENDS OF BIRINGHAM CHILDRENS TRUST) REGISTERED CHARITY NUMBER 1196813

The Trustees present their Annual Report together with the financial statements of the Friends of Birmingham Children’s Trust for the period of 29 January 2023 to 29 January 2024.

Who we are

Friends of Birmingham Children’s Trust charity was officially established through the Charity Commission on 29th November 2021 as an independent charity. It was developed by city partners and Birmingham Children’s Trust (“the Trust”) in collaboration with children in care and care leavers. The trading name of the charity is “Bfriends”.

At its core, Bfriends strives to ensure that care supported children are given the same opportunities and experiences as their peers may have access to. The name Bfriends was chosen by young people and comes from the importance of everyone having the opportunity to have a positive friendship in their life.

Bfriends works closely with the Trust to gain an understanding of the needs of children under the Trust’s care, which includes sporting and wellbeing programmes, employment opportunities, or support for independent living.

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Priorities and Objectives

Charities Objectives

Advance in life and relieve the needs of children and young people who are looked after in care or are care leavers through the provisions or assistance in provisions of activities and support which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals and in particular but not exclusively by providing grants, items, services facilities and support to individuals in need and/or charities or other organisations working with such children, young people and their families in the following: (A) relief or prevention of poverty or financial hardship: (B) advancement of education including training and career development and mentoring; (C) promotion and protection of good mental and physical health; (D) Advancement of the arts, culture and heritage; and (E) recreational and leisure time activities including sports and access to green spaces.

Public Benefit

The Trustees have complied with the duty in Section 17 of the charities Act 2011 to have due regard to the Charity Commission’s published general and relevant sub-sector guidance concerning the operation of the Public Benefit requirement under the Act.

1. Destinations

The Trustees pledged to provide our children and young adults with life opportunities across employment and digital inclusion.

Our Targets:

This year we have achieved:

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2. Community and Inclusion

The Trustees pledged to work in partnership with the community, partners, and providers to create programmes for young people in communities across the city.

Our Targets:

This year we have achieved:

3. Transitions

Trustees pledged to work with our network of partners, charities and businesses and actively

seek support for young people and adults known to Birmingham Children’s Trust and its

partnership network that are transitioning into independent living or need additional support as they continue their journey.

Our Targets:

In 2024 we have achieved:

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4. Fundraising Targets

Trustees pledged to achieve the following fundraising targets.

Targets set by Board Target Amount
23/24		 Outcome 23/24
Cit £50000 £76222
ommuny , ,
Ct £50000 £46460
orporae , ,
Grants £100,000 £181,608
In kind donations £150,000 £134,280
Total: £350,000 £438,570

Achievements and Performance

All activities supporting children and young adults known to Birmingham Childrens Trust Activities are in line with the priorities of Bfriends Friends of Birmingham Childrens Trust Charity.

1. Community and Inclusion – The Hub at St Andrews

The charity has been collaborating with the Trust, city partners, businesses, and community leaders to create a community hub for children in care, care leavers, young parents and young people and adults known to the Childrens Trust.

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The Charity has begun running events and workshops for the community and next year will see this expand. Some of the highlights include:

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2. Fundraising highlights meeting the outcomes linked to our priorities:

Activity Funding
amount		 Funding Source
Winter Funland 2024 £105,000 Winter Funland
Holiday Activity Food Fund £135,500 DFE Holiday and Activity Food
Blue nose day fundraising £76,222 Birmingham City Football Club
and Foundation
Cash for kids’ donation of 1124
Christmas Presents		 £11,240 Cash for Kids
Tickets and experiences donated by
BCFC		 £18,040 Birmingham City Football Club
Bfriends HAF Summer Programme £46,108 Street Games
Staff Celebration £4,800 Sponsorship
GEN 22 Project £20,000 United by Birmingham 2022
LegacyCharityvia BCFC
Gen 22 Project – donation of staff
time byBCT		 £20,000 Birmingham Children Trust
General donations £1,660 Various
Total: £438,570

3. Amendments of submitted accounts

The financial statements for the year ended 31 January 2024 have been restated to correct errors. The adjustments relate to the inclusion of previously omitted balances, clarification of income recognition timing, and recognition of certain reserves and funding allocations. These changes ensure compliance with the Charities SORP (FRS 102) and provide a true and fair view of the charity’s financial position. The Trustees confirm that these adjustments do not affect the charity’s ability to continue as a going concern.

Impact of Restatement:

Description Originally Reported Adjustment Restated
Total Income £491,613 £53,043 £438,570
Total Expenditure £491,613 £171,337 £320,276

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4. Going Concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

The Trust has agreed to continue the secondment of a full-time Operations and Fundraising Manager with a contribution from the charity of £25,000 for the period up to 31 January 2024.

5. Reserve Policy

The charity’s reserves in the main are restricted where a grant or donation is received which is earmarked for a specific purpose.

The charity has deemed it needs to maintain a minimum cash reserve to cover the committed costs relating to governance and audit which currently sits at £2,500.

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Structure, Governance and Management

Board Structure

Members of the Board include a variety of skills and representation across the city. For 2023/24 members of the Board included:

Governance

This is overseen by the Governance Committee Chaired by the Cochair of Bfriends Friends of Birmingham Childrens Trust.

Management and Staffing

The Trust has seconded a full-time manager from the organisation to Bfriends to oversee the work of the charity the role of the Operations and Fundraising Manager to oversee the development of the objectives.

Constitution

Friends of Birmingham Children’s Trust is a registered charity, no. 1196813, and is constituted under a Trust deed.

Bfriends is a Charitable Incorporated Organisation.

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Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and coopted under the terms of the Trust deed.

The recruitment of new trustees, the charity follows one of the two approaches as follows:

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Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

28/11/2025

Approved by order of the members of the board of Trustees on ____ and signed on their behalf by:

Lee Yale-Helms

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JANUARY 2024

Independent Examiner's Report to the Trustees of Friends of Birmingham Children's Trust ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 January 2024.

Responsibilities and Basis of Report

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 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the 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 report in order to enable a proper understanding of the accounts to be reach

Page 12

FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed:

Helen Blundell

Dated:

LLB FCA FCIE DChA

Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024

Note
Income from:
Donations and legacies
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
Year ended
31 January
2024
£
396,910
396,910
294,907
294,907
102,003
10,140
112,143
31,940
112,143
144,083		 Unrestricted
funds
Year ended
31 January
2024
£
41,660
41,660
25,369
25,369
16,291
(10,140)
6,151
2,894
6,151
9,045		 Total
funds
Year ended
31 January
2024
£
438,570
438,570
320,276
320,276
118,294
-
118,294
34,834
118,294
153,128		 Total
funds
Period ended
31 January
2023
£
292,692
292,692
257,858
257,858
34,834
-
34,834
-
34,834
34,834

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 16 to 26 form part of these financial statements.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

BALANCE SHEET AS AT 31 JANUARY 2024

Note
Current assets
Debtors
10
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
11
Net current assets
Total net assets
Charity funds
Restricted funds
12
Unrestricted funds
12
Total funds		 160,300
83,793
244,093
(90,965)		 2024
£
153,128
153,128
144,083
9,045
153,128		 1,000
36,034
37,034
(2,200)		 2023
£
34,834
34,834
31,940
2,894
34,834

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Lee Yale-Helms

Date: 28/11/2025

The notes on pages 16 to 26 form part of these financial statements.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

1. General information

Friends of Birmingham Children's Trust is a charity registered on the 29th November 2021 as a CIOAssociation. The registered office is the Birmingham Children's Trust, 1 Lancaster Circus Queensway, Birmingham, B4 7DJ. Its principal activities are to advance in life and relieve the needs of children and young people who are looked after, in care or are care leavers.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Friends of Birmingham Children's Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed. They are valued at market value.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

2. Accounting policies (continued)

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.5 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.6 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.7 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

2. Accounting policies (continued)

2.8 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

2.9 Going concern

The trustees have assessed the charity’s ability to continue as a going concern and have reasonable expectations that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

In efforts to strengthen the charity’s financial sustainability, a Fundraising Manager has recently been appointed whose remit will focus on increasing income from voluntary sources, with a particular emphasis on unrestricted funding. This is vital for sustaining core operations and enabling flexibility in responding to emerging needs. The anticipated outcome is a measurable increase in unrestricted donations over the coming years, strengthening our financial resilience and capacity to deliver the charity’s aims and objectives.

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the value of donations in kind. This is based on the market value of the goods and services received which are passed on to children. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

4. Income from donations and legacies

Restricted Restricted Unrestricted Unrestricted Total
funds funds funds
Year ended Year ended Year ended
31 January 31 January 31 January
2024 2024 2024
£ £ £
Donations
Donations 166,408 21,660 188,068
Donations in kind 230,502 20,000 250,502
396,910 41,660 438,570
396,910 41,660 438,570
Restricted Unrestricted Total
funds funds funds
Period ended Period ended Period ended
31 January 31 January 31 January
2023 2023 2023
£ £ £
Donations 31,940 5,100 37,040
Donations in kinds 255,652 - 255,652
287,592 5,100 292,692

5. Analysis of expenditure on charitable activities Summary by fund type

Restricted Unrestricted
funds funds Total
Year ended Year ended Year ended
31 January 31 January 31 January
2024 2024 2024
£ £ £
Charitable activities 294,907 25,369 320,276

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

6. Analysis of expenditure by activities

Activities
undertaken Support Total
directly costs funds
Year ended Year ended Year ended
31 January 31 January 31 January
2024 2024 2024
£ £ £
Charitable activities 314,907 5,369 320,276
Activities
undertaken Support Total
directly costs funds
Period ended Period ended Period ended
31 January 31 January 31 January
2023 2023 2023
£ £ £
Charitable activities 255,652 2,206 257,858
Analysis of support costs
Total Total
funds funds
Year ended Period ended
31 January 31 January
2024 2023
£ £
Bank charges 9 6
Accountancy fees 4,860 1,200
Legal fees 500 1,000
5,369 2,206

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £3,900 ( 2023 - £1,200 ).

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

8. Staff costs

Wages and salaries (Recharged) Year ended
31 January
Period ended
31 January
2024
2023
£
£
45,567
-
45,567
-		 Year ended
31 January
Period ended
31 January
2024
2023
£
£
45,567
-
45,567
-
-

The average number of employees employed by the charity during the year was NIL (2023: NIL)

2 staff, per headcount, are recharged from Birmingham Children's Trust.

No employee received remuneration amounting to more than £60,000 in either year.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 January 2024, no Trustee expenses have been incurred (2023 - £NIL) .

10. Debtors

Due within one year
Trade debtors		 2024
£
160,300
160,300		 2023
£
1,000
1,000

11. Creditors: Amounts falling due within one year

2024 2023
£ £
Amounts owed to Birmingham Children's Trust 84,905 -
Other creditors - 1,000

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

11. Creditors: Amounts falling due within one year (continued)

Accruals and deferred income 2024
£
6,060
90,965		 2023
£
1,200
2,200

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

12. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Restricted funds
Christmas day dinner
Holiday activity and food fund
Coats for young people
Winter fun land
Blue nose day
Cash for kids (Christmas
presents)
Tickets donated by BCFC
Staff celebration event
sponsorship
Total of funds		 Balance at 1
February
2023
£
2,894
2,608
28,832
500
-
-
-
-
-
31,940
34,834		 Income
£
41,660
-
181,608
-
105,000
76,222
11,240
18,040
4,800
396,910
438,570		 Expenditure
£
(25,369)
-
(69,465)
-
(105,000)
(76,222)
(11,240)
(18,040)
(14,940)
(294,907)
(320,276)		 Transfers
in/out
£
(10,140)
-
-
-
-
-
-
-
10,140
10,140
-		 Balance at
31 January
2024
£
9,045
2,608
140,975
500
-
-
-
-
-
144,083
153,128

The transfer is the amount of expenditure over the amount specifically received for the Staff Celebration event sponsorship. The balance has been re-allocated to Unrestricted general funds.

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

12. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds
Restricted funds
Christmas day dinner
Holiday activity and food fund
Coats for young people
Website
Farms for City Children
Street games
Circus events
Total of funds		 Income
£
5,100
2,608
240,232
500
10,612
13,500
6,240
13,900
287,592
292,692		 Expenditure
£
(2,206)
-
(211,400)
-
(10,612)
(13,500)
(6,240)
(13,900)
(255,652)
(257,858)		 Balance at
31 January
2023
£
2,894
2,608
28,832
500
-
-
-
-
31,940
34,834

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

12. Statement of funds (continued)

Christmas day A fund used to support Birmingham Community Chrismas Day Dinner dinner for Care leavers.

Young people Christmas fundraising campaign for young people across Birmingham.

Holiday activity A fund used to provide winter programmes and activities to young and food fund people in Birmingham.

Coats for young A fund used to provide coats for young people. people

Website A fund to build the website to support charitable activities.

Farms for City A fund to provide a residential for young people. Children

Future you A restricted fund for a film premier in the theatre at millennium point showcasing films created by care leavers across Birmingham to an audience of around 250 guests.

Staff celebration A restricted fund for the purpose of staff celebration. This was gifted event venue hire from Millenium point towards the charity.

13. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at 1
February
2023
£
2,894
31,940
34,834		 Income
£
41,660
396,910
438,570		 Expenditure
£
(25,369)
(294,907)
(320,276)		 Transfers
in/out
£
(10,140)
10,140
-		 Balance at
31 January
2024
£
9,045
144,083
153,128

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FRIENDS OF BIRMINGHAM CHILDREN'S TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

13. Summary of funds (continued)

Summary of funds - prior year

General funds
Restricted funds		 Income
£
5,100
287,592
292,692		 Expenditure
£
(2,206)
(255,652)
(257,858)		 Balance at
31 January
2023
£
2,894
31,940
34,834

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Current assets
Creditors due within one year
Total		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
186,581
57,512
(42,498)
(48,467)
144,083
9,045		 Total
funds
2024
£
244,093
(90,965)
153,128

15. Related party transactions

There is a balance due to Birmingham Children's Trust of £84,905 (2023: £1,000), relating to staff recharges and other charges.

Page 26

Helen Blundell Crowe UK LLP Black Country House Rounds Green Road Oldbury B69 2DG

Dear Madam

We confirm that the following representations are made on the basis of sufficient enquiries of trustees, executive management and staff with relevant knowledge and experience and, where appropriate, of inspection of supporting documentation and that, to the best of our knowledge and belief, we can properly make each of these representations to you for the purpose of your independent examination of the financial statements of Friends of Birmingham Children’s Trust for the year ended 31 January 2024 under the Charities Act 2011.

  1. We acknowledge that the work carried out by you is substantially less in scope than an audit performed in accordance with Auditing Standards and that you do not express an audit opinion.

  2. We acknowledge our legal responsibility for the preparation of the financial statements to show a true and fair view as required by law and therefore confirm for your particular purposes that in our view these comply with the methods and principles set out in the Charities Act 2011, the regulations made under it and the Charities SORP: “Accounting and Reporting by Charities: Statement of Recommended Practice”.

  3. We acknowledge our management responsibility for the maintenance of adequate internal control systems and procedures designed to prevent and detect fraud and error. We have no knowledge of any fraud, suspected fraud or allegations of fraud which could affect the charity.

  4. All the financial transactions of the charity for the year as recorded in the accounting records and any other related information has been made available to you for your inspection.

  5. The financial statements are free of material misstatements, including omissions, to the best of our knowledge and belief.

  6. There are no material liabilities or contingent liabilities known to us other than those disclosed in the financial statements, including any guarantees to third parties.

  7. No claims in connection with litigation have been or are expected to be received to the best of our knowledge and belief.

  8. There have been no events to our knowledge since the balance sheet date which require disclosure or which would materially affect the amounts in the financial statements other than those already disclosed or included in the financial statements. Should any material events occur which may necessitate revision of the figures in the financial statements, or inclusion in a note thereto, we will advise you accordingly.

  9. We confirm that we are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the charity conducts its activities.

  10. We confirm the completeness of the information provided regarding the identification of related parties, and the adequacy of related party disclosures in the financial statements.

  11. We confirm that, having considered our expectations and intentions for at least the next twelve months and the availability of working capital, the charity is a going concern. We are unaware of any events, conditions, or risks beyond the period of assessment that may cast significant doubt on the charity’s ability to continue as a going concern.

  12. All grants, donations and other voluntary incoming resources, the receipt of which is subject to specific terms and conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such voluntary incoming resources.

  13. We confirm that we are not aware of any breach of our charitable trusts and that we have advised you of the existence of any endowments and restricted income funds maintained by us.

Yours faithfully,

…………………. Trustee Signed on behalf of the Trustees 28/11/2025 On ………………….

Bfriends Accounts 24

Final Audit Report

2025-11-28

Created: 2025-11-28 By: Jane Twine (jane.twine@crowe.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAM0xtn_qVkjNU_YgAsfAaDIlbBbui8lxY

"Bfriends Accounts 24" History

Document created by Jane Twine (jane.twine@crowe.co.uk)

2025-11-28 - 08:56:47 GMT

Document emailed to Lee Yale-Helms (lee.yale-helms@birminghamchildrenstrust.co.uk) for signature 2025-11-28 - 08:57:50 GMT

Email viewed by Lee Yale-Helms (lee.yale-helms@birminghamchildrenstrust.co.uk) 2025-11-28 - 13:34:19 GMT

Document e-signed by Lee Yale-Helms (lee.yale-helms@birminghamchildrenstrust.co.uk) Signature Date: 2025-11-28 - 13:35:03 GMT - Time Source: server

Agreement completed.

2025-11-28 - 13:35:03 GMT