BIRMINGHAM & BLACK COUNTRY COMMUNITY FOUNDATION

Charity number: 1048162
Removed charity

Charity overview

Activities - how the charity spends its money

To help local people, provide solutions through a range of effective grant making programmes in areas of poverty and deprivation. To stimulate new initiatives and partnerships within the community and to link these with the major regeneration initiatives in the city. To build a long term endowment fund for the sustainability of communities within Birmingham and the Black Country.

Income and expenditure

Data for financial year ending 31 March 2014

Total income:
£1,058,621

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Donations and legacies £677.58k
Charitable activities £350.95k
Other trading activities £0
Investments £18.35k
Other £11.74k

Total expenditure:
£1,799,413

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Raising funds £0
Charitable activities £962.76k
Other £779.34k

£19,487 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £836.66k
Charitable expenditure £962.76k

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • Disability
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Organisations
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Birmingham City
  • Dudley
  • Sandwell
  • Walsall
  • Wolverhampton

Governance

Registration history:
  • 20 July 1995: Standard registration
  • 05 January 2017: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • THE BIRMINGHAM COMMUNITY FOUNDATION (Previous name)
  • THE BIRMINGHAM FOUNDATION (Previous name)
  • THE BIRMINGHAM FOUNDATION LIMITED (Previous name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2010 31/03/2011 31/03/2012 31/03/2013 31/03/2014
Total gross income £4.97m £3.42m £2.78m £2.55m £1.06m
Total expenditure £5.16m £4.84m £2.37m £3.33m £1.80m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £1.01m £1.55m £1.73m £1.10m £677.58k
Income - Other trading activities £27.58k £12.28k £57.30k £15.63k £0
Income - Charitable activities £3.94m £1.86m £982.47k £1.42m £350.95k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.37k £2.77k £14.64k £17.99k £18.35k
Income - Other £0 £0 £0 £0 £11.74k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £5.10m £4.78m £2.09m £2.60m £962.76k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £58.68k £15.95k £39.74k £23.06k £22.28k
Expenditure - Grants institution £4.13m £1.83m £1.56m £0 £0
Expenditure - Investment management £0 £1.47k £19.56k £20.38k £16.82k
Expenditure - Other -£45.00k £0 £152.76k £650.40k £779.34k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2010 31/03/2011 31/03/2012 31/03/2013 31/03/2014
Own use assets £2.99m £976.71k £963.83k £300.00k £450.00k
Long-term investments £0 £559.08k £816.55k £818.96k £0
Other assets £623.38k £615.53k £403.36k £448.03k £154.83k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.83m £1.77m £1.39m £1.47m £1.23m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2016
Accounts and TAR 31 March 2016
Annual return 31 March 2015
Accounts and TAR 31 March 2015
Annual return 31 March 2014 08 December 2014 On time
Accounts and TAR 31 March 2014 09 December 2014 On time
Annual return 31 March 2013 06 January 2014 On time
Accounts and TAR 31 March 2013 23 December 2013 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 19/07/1995 AS AMENDED BY SPECIAL RESOLUTIONS DATED 13/05/1996, 15/06/1999, 23/06/2003, 02/02/2004, 30/10/2007 AND CERTIFICATES OF INCORPORATION UPON CHANGE OF NAME DATED 23/09/2008 AND 21/09/2010

Charitable objects

THE SUPPORT OR PROMOTION OF ANY CHARITABLE PURPOSES TO INCLUDE IN PARTICULAR BUT NOT EXCLUSIVELY, I)THE RELIEF OF POVERTY, II)THE RELIEF OF SICKNESS, III)THE PROTECTION AND PRESERVATION OF GOOD HEALTH (BOTH MENTAL AND PHYSICAL), IV) THE ADVANCEMENT OF EDUCATION (INCLUDING TRAINING FOR EMPLOYMENT OR WORK), V) THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT, IN PARTICULAR THE BUILT ENVIRONMENT, FOR THE BENEFIT OF THE PUBLIC BY THE MAINTENANCE REPAIR AND RESTORATION OF ANY BUILDING OR STRUCTURE WHICH IS OF HISTORIC OR ARCHITECTURAL INTEREST OR IS A PLACE OF RELIGIOUS WORSHIP.

Area of benefit

The area the charity can operate in, as set out in its governing document.

IN PRACTICE GREATER BIRMINGHAM AND ITS IMMEDIATE NEIGHBOURHOOD