How we are funded
Where our money came from
in 2016-17 …
Around two thirds (£137,170) came from regular grants and contracts:
- This was the fourth year (the grant period was extended) of a three year discretionary grant from Brighton & Hove City Council. This goes towards our core costs and enables us to run all our services for community groups. It provided 45% of our total income in 2016-17 (£90,000).
- We also received a contribution towards our information service from the City Council’s Community and Third Sector Prospectus. This was the fourth year of a three year commission (again the period was extended) and we received £6,000, which represents 3% of our total income and 43% of the cost of our information service.
- We are contracted by Brighton & Hove City Council Housing Services to provide free advice and support to tenants’ associations and secretarial support for their participation in the Tenant and Leaseholder Involvement structure. This contract accounts for just under 17% of our income (£33,670).
- We offer advice and support and bespoke software development for early years and childcare settings in the most deprived neighbourhoods of Brighton & Hove. This work is free of charge to the groups, and is funded by a contract with City Early Years and Childcare. In 2016-17, this funding accounted for just under 4% of our total income (£7,500).
Other grants and donations accounted for the remaining income for the year:
- We were particularly grateful to the Garfield Weston Foundation who gave £10,000 in the year to support our intensive, one-to-one support work with groups based in marginalised communities in the city.
- We also received £1,167 for work supporting groups to apply for and monitor funding from the Community Health Fund.
- And finally we were grateful to receive £1,500 from the East Brighton Trust to help support our advice work to grass roots groups in Moulsecoomb and Whitehawk.
… and where it went
The majority of the service expenditure was on our equipment hire and community print room services. Together these cost £105,977 (51% of total service expenditure.) Around 60% of the cost of the equipment and print services is staff wages with most of the remainder being spent on consumables and repair and maintenance of equipment.
The next biggest expense is the intensive support service, our advice, training and consultancy work with groups in our priority areas. This costs £86,389 (42% of total service expenditure.) Within this sum we track expenditure by various client groups, mainly to allow us to monitor the different aspects of the work for funding purposes.
- The largest expenditure under this heading is on support to tenants associations. This work, which includes our secretarial support to the consultation structure, cost a total of £36,998 in 2015-16. This was 17.9% of total expenditure and was mainly covered by our income from Housing Services.
- The next largest expenditure is on work with black and ethnic minority groups. This cost £21,671 (10.5% of total expenditure) in the last year. This was partly funded in this year by the one off grant from Garfield Weston. We are currently seeking funding to continue this work in subsequent years and, in the meantime, are funding it from our own income and reserves.
- We spent £16, 955 (8%) on support to social groups on estates and groups of disabled people. Again this was partly funded by Garfield Weston and we are continuing it from our own income and reserves while seeking continuation funding.
- Our work with childcare groups costs £10,766 (5%) and is partially funded by a grant from City Early Years and Childcare.
- Lastly we spent a small amount of money – £1,041 (0.5%) – on advice to non priority groups at our front desk. This again is funded from our own income.
The final area of expenditure is on our information service. This cost a total of £13,434 (7%). The majority of the cost was on staff time to gather and update information. Around 40% of the cost was covered by funding from the City Council’s Community and Third Sector Prospectus.
The above breakdown shows all of our expenditure by service area. It is also possible to look at the figures in terms of how much was spent on service delivery – staff costs and consumables for equipment – and how much on support costs – rent, telephone, heating etc. Breaking it down like this £186,471 (90%) of our expenditure was on delivering services to groups and only £20,370 (10%) on indirect costs.
Our annual accounts for 2016-17 were approved at our AGM on 25th October 2017:
B&H SWET Ltd Accounts and Trustees Annual Report 2016-17.
Our provisional Annual Accounts for 2017-18 will be presented to our AGM on 24th October 2018:
B&H SWET Ltd Accounts and Trustees Annual Report 2017-18 (provisional)
Last updated: November 2017