SIFA FIRESIDE

Charity number: 1049728
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

SIFA Fireside is the main day centre for homeless and vulnerably-housed adults in Birmingham. We provide a range of services to prevent homelessness and to support adults who are homeless or vulnerable by meeting their immediate and long-term needs.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,546,665

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Donations and legacies £428.80k
Charitable activities £1.10m
Other trading activities £0
Investments £22.05k
Other £0

Total expenditure:
£1,406,756

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Raising funds £106.33k
Charitable activities £1.30m
Other £0

£0 investments gains (losses)

Total income includes £627,310 from 7 government contract(s) and £127,317 from 4 government grant(s)

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 £106.33k
Charitable expenditure £1.30m
Retained for future use £139.91k

People

35 Employee(s)

8 Trustee(s)

32 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

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

What the charity does:
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Birmingham City

Governance

Registration history:
  • 10 October 1995: Standard registration
Organisation type:
Charitable company
Other names:
  • SIFA SUPPORTING INDEPENDANCE FROM ALCOHOL (Working name)
  • SIFA (SUPPORTING INDEPENDENCE FROM ALCOHOL) (Previous name)
Company number:
03094905 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Daniel Wakely Trustee 30 January 2025
None on record
Stuart Young Trustee 19 October 2023
None on record
Catherine Groom Trustee 20 October 2022
None on record
Holly Pyke Trustee 29 September 2022
None on record
Stephen Partridge Trustee 21 July 2022
None on record
MARTIN LAURENCE CHIDGEY Trustee 07 March 2019
None on record
CAROLE DEBORAH WILDMAN Trustee 27 July 2017
None on record
DAVID JOHN OLLIER Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.19m £1.65m £1.48m £1.57m £1.55m
Total expenditure £1.04m £1.17m £1.48m £1.67m £1.41m
Income from government contracts £277.01k £522.65k £538.81k £546.00k £627.31k
Income from government grants N/A £198.19k £165.45k £236.55k £127.32k
Income - Donations and legacies £487.02k £584.59k £459.15k £467.42k £428.80k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £698.35k £1.06m £1.02m £1.10m £1.10m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £486 £258 £121 £4.86k £22.05k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £954.04k £1.05m £1.33m £1.50m £1.30m
Expenditure - Raising funds £81.95k £112.24k £150.46k £165.37k £106.33k
Expenditure - Governance £36.90k £36.62k £39.45k £42.22k £40.53k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £336.73k £343.98k £347.28k £305.12k £285.31k
Long-term investments £0 £0 £0 £0 £0
Other assets £657.86k £1.07m £1.02m £1.06m £1.23m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £260.50k £198.00k £165.99k £260.65k £270.31k

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 2024 16 December 2024 On Time
Accounts and TAR 31 March 2024 16 December 2024 On Time Download Open in new window
Annual return 31 March 2023 25 January 2024 On Time
Accounts and TAR 31 March 2023 25 January 2024 On Time Download Open in new window
Annual return 31 March 2022 26 January 2023 On Time
Accounts and TAR 31 March 2022 26 January 2023 On Time Download Open in new window
Annual return 31 March 2021 27 January 2022 On Time
Accounts and TAR 31 March 2021 27 January 2022 On Time Download Open in new window
Annual return 31 March 2020 12 January 2021 On Time
Accounts and TAR 31 March 2020 12 January 2021 On Time Download Open in new window
Submit annual return Open in new window

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 24 AUGUST 1995 AND AMENDED BY SPECIAL RESOLUTIONS DATED 25 SEPTEMBER 2003, 4 SEPTEMBER 2003, 3 FEBRUARY 2004, 25 JULY 2007 AND CERTIFICATE OF INCORPORATION ON CHANGE OF NAME 6 AUGUST 2007 as amended on 18 Mar 2021

Charitable objects

THE RELIEF OF PERSONS WHO ARE EXPERIENCING HOMELESSNESS, VULNERABILITY AND SOCIAL EXCLUSION BY PROVIDING ADVICE, ASSISTANCE, INCLUSION, ENGAGEMENT AND EQUAL ACCESS TO SERVICES FOR SUCH PERSONS, INFLUENCING THE STRATEGIC DEVELOPMENT OF THE HOMELESSNESS AGENDA AND EDUCATING THE GENERAL PUBLIC AS TO THE NEEDS OF SUCH PERSONS

Area of benefit

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

IN PRACTICE THE WEST MIDLANDS

Contact information

Address:
Sifa Fireside
48-52 Allcock Street
BIRMINGHAM
B9 4DY
Phone:
0121 766 1700
Email:
office@sifafireside.co.uk
Website:

www.sifafireside.co.uk Open in new window