Finance Score: 6

Governance Score: 4

Support Score: 7

Liabilities <10%: +3
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Multiple returns filed late: -2

Overall weighted support: +7

Overall GiG Score: 17

SANDWELL HOMELESS AND RESETTLEMENT PROJECT LIMITED

The provision of accommodation and support for homeless people, teenage parents and their children.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Returns have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	*	£664	£572	£92	£11	£1,122	£298	6.2	24	0
31/03/22		£726	£643	£83	£11	£1,030	£177	3.3	24	0
31/03/21		£697	£647	£50	£11	£1,040	£180	3.3	20	0
31/03/20	*	£569	£599	£-31	£9	£1,157	£359	7.2	17	0
31/03/19		£578	£556	£22	£556	£553	£532	11.5	16	0
31/03/18		£606	£539	£68	£0	£491	£491	10.9	15	0
31/03/17		£589	£580	£9	£0	£370	£370	7.7	14	0
31/03/16	*	£553	£553	£1	£0	£361	£318	6.9	18	0
31/03/15		£563	£555	£8	£24	£360	£288	6.2	18	0
31/03/14		£483	£501	£-18	n/a	n/a	n/a	n/a	n/a	n/a
31/03/13		£474	£458	£16	n/a	n/a	n/a	n/a	n/a	n/a
31/03/12		£452	£452	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/03/11	*	£434	£426	£8	n/a	n/a	n/a	n/a	n/a	n/a
31/03/10	*	£426	£435	£-9	n/a	n/a	n/a	n/a	n/a	n/a
31/03/09		£399	£423	£-24	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08	*	£399	£423	£-24	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07		£428	£422	£5	n/a	n/a	n/a	n/a	n/a	n/a
31/03/06?	*	£410	£382	£28	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	*	£430	£318	£112	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 1.7%
Fundraising Costs/Total Spending: 1.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 8%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 27%
Reserves/Spending: 6.2 months
Net Current Assets/Spending: 4 months
Quick Ratio: 14.3

Asset Split ?

Balance Sheet History

Established: 41 years

swarnjit@sharpuk.org

01215440542

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Education/Training

GiG Classification

Community food services

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Sandwell,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£49,383
Lloyds Bank Foundation	£33,000
The Clothworkers Foundation	£5,400
Cheshire Community Foundation	£5,000

Specific Donations

Amount	When Months	To be used for
BBC Children in Need - Grant to Sandwell Homeless and Resettlement Project
£500	20/10/2022 0	‘Cost of Living uplift: £500 to help projects meet their rising costs and respond to increased demand 31/10/2022’
Cheshire Community Foundation - The Gables Drop-in
£5,000	21/10/2021	The Gables Drop-in. The funding will be used towards the Core Costs in keeping open a drop-in project for rough sleepers to access hot food cooked a served on site, access to toilets, showers and washing machines as well as clothing bank. The ....more The Gables Drop-in. The funding will be used towards the Core Costs in keeping open a drop-in project for rough sleepers to access hot food cooked a served on site, access to toilets, showers and washing machines as well as clothing bank. The funding will be a contribution to the project which opens 5 nights a week and relies on donations.
The Clothworkers Foundation - Grant to Sandwell Homeless and Resettlement Project
£5,400	14/09/2021	replacement of central heating boilers for a charity supporting people who are homeless in West Midlands
DCMS - Coronavirus Community Support Fund
£49,383	17/07/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Lloyds Bank Foundation - Grant to Sandwell Homeless and Resettlement Project (SHARP)
£33,000	21/05/2020 12	One year core funding to support Sandwell Homeless and Resettlement Project (SHARP) to sustain their work to support work addressing Young Parents Complex Social Issue (CSI) during COVID19
BBC Children in Need - Grant to Sandwell Homeless and Resettlement Project
£24,448	22/11/2018 36	The project will deliver 1:1 and group befriending support to homeless children and young people. The project will improve emotional wellbeing, raise aspirations and develop positive relationships.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Age Range of Trustees: 40-86

FAYAD HUSAIN Appointed: 2024, Occupation: Head Of Product Strategy

HOJAN SENYA Appointed: 2024, Occupation: Senior Clinical Pharmacist

KAREN PERRY Appointed: 2021, Occupation: Management Consultant

KATHRYN BROOKS Appointed: 2018, Occupation: Social Care Strategist

KATIE STORER-YOUNG Appointed: 2024, Occupation: Team Leader

MICHAEL ROLAND WATKINS, Occupation: Housing Aid Worker

Legal constitution

Charitable company registered in England & Wales on 14/10/1983, number: 514302
Registered at Companies House on 11/03/1983, number: 01705859

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
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
Trustee expenses policy and procedures

Filing Record

19 returns made; AR23: 22 days late, AR20: 7 days late, AR16: 1 days late, AR11: 65 days late, AR10: 25 days late, AR08: 12 days late, AR06: 1 days late, AR04: 53 days late,

Main office

109 St. Pauls Road
SMETHWICK
West Midlands
B66 1EY

Objectives

to provide social housing as defined in section 68 of the Housing and Regeneration Act 2008 and any other purposes connected with or incidental to the provision and management of housing, social housing and accommodation and to care for persons in need, who are homeless or who by reason of adverse circumstances are in need of help in acquiring a settled way of life through the establishment of residential accommodations and to assist these persons so as to develop their physical, mental and spiritual capacities that they may develop full maturity as responsible individuals and members of Society and that their conditions of life may be improved

Defined Area of Benefit:

SANDWELL

Data Sources

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