- Annual Report on the Charity's Activities for 2010
The Charity enjoyed an excellent year in 2010, continuing to establish a strong financial base to achieve its aims.
Financial Results
The Charity was established with nil assets in March 1990. Through the efforts of the Charity's small dedicated team of volunteers and the generosity of its supporters assets had grown by the end of 2009 to £3,579,051. The success continued in 2010 and the Charity is able to report the results as follows:-
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2010
£
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Gross Income
from collections, donations, property & investments
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433,542 |
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| Accomodation Running costs |
(120,857) |
| Administration & management costs |
(82,886) |
| Fundraising costs |
(4,228) |
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| Net Income |
225,571 |
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| Reserves |
| Investment in furnished properties for letting to homeless people |
3,744,262 |
| Other assets less net liabilities |
60,360 |
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| Total Reserves |
3,804,622 |
Brick by Brick London Home Activity Group is a charitable organisation established to provide permanent residential accommodation for people having a homeless status. In addition, homeless and unemployed people will help to renovate buildings, thereby learning a skill under the supervision of qualified tradesmen, in order to provide themselves and others with decent homes, so that they can lead independent, self-sufficient lives.
We are not political, religious or prejudiced.
We would like to emphasise that our collectors are not paid for their help.
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| THE SUCCESS OF BRICK BY BRICK SO FAR ... WITH YOUR HELP:- |
The Charity presently provides permanent accommodation for 85 homeless people.
| 5th PROJECT
We have identified several projects suitable to meet our aims, requiring between six to seven hundred and fifty thousand pounds.
Brick by Brick has so far £175,000, - available for capital expenditure.
In these challenging economic times, funding for the shortfall remains as yet uncertain.
We however keep a positive outlook and hope for a positive development in the foreseeable future.
If you make a donation and are a UK tax payer, please fill in the Gift Aid form for us to claim the tax back.
Your invaluable support will help us make a difference in the lives of many homeless people.
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- MANY THANKS
- Many heartfelt, grateful thanks to all of you who have supported our charity for the last
many
years and enabled us to succeed and bring a ray of hope in the lives of a few.
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- Alexander Gravenstein
- Project Organiser
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Brick by Brick L.H.A.G. receives no government funding.
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We welcome voluntary assistance to help us with various aspects of our activities.
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