The trustees present their annual report and financial statements for the year ended 31 March 2026.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
a) To provide education and assistance to children and young people at risk of, or affected by, sexual exploitation and to relieve the distress caused thereby in Walsall and the surrounding area and in such other parts of the United Kingdom as the directors of the Charity may from time to time think fit.
b) To relieve persons who are in conditions of need or hardship or who are aged or sick, including by the provision of residential accommodation for the relief of such persons, and to relieve the distress caused thereby.
c) To advance education by such means as the trustees may consider appropriate.
d) To provide facilities for recreation or other leisure time occupation in the interest of social welfare for persons who have need of such facilities by reason of their age, infirmity or disablement, poverty or social and economic circumstances with the object of improving the conditions of life for such persons.
e) To relieve unemployment for the public benefit, including by means of providing training and the development of workplace skills, among persons seeking employment but who are unable to obtain work by reason of of (i) their lack of opportunities or (ii) their youth, age, infirmity or disablement, poverty or social and economic circumstances with the object of improving the conditions of life for such persons.
f) To promote the rehabilitation of persons affected by drugs, alcohol or other substance addiction or abuse.
g) To relieve persons who are experiencing mental or emotional suffering and to relieve the distress associated therewith, including by means of providing advice, counsel, assistance and support to such.
h) To promote and fulfill such other charitable purposes beneficial to the community.
The trustees consider that the activities undertaken are for the public benefit and they have had regard to Charity Commission guidance on public benefit.
Street Teams exists because children and young people need people around them who see more than a risk assessment. They need adults who listen, recognise the pressures and harms in their lives, and stay alongside them long enough to build trust. That belief has guided our work throughout 2025/26.
This year, we supported 92 children and young people affected by criminal exploitation and 65 affected by sexual exploitation. We also reached 110 children and young people through early intervention: 41 through direct one-to-one work and 69 through groups, activities and advice. Our family work supported 93 families and 10 siblings. In schools, we delivered education to 12,522 pupils, while 682 people took part in our training and awareness activity.
These numbers describe the reach of our work, but they cannot show what it takes for a young person to begin trusting someone, for a parent to feel less alone, or for a family to find a safer way forward. Exploitation does not happen in isolation. We work with young people and families in the context of their relationships, neighbourhoods, schools and online lives. We look at the harm being done to a child, rather than placing responsibility for it on the child.
We saw encouraging progress among the people we supported. Of the young people receiving criminal exploitation support whose outcomes were measured, 72% showed improvement in safety and security, 77% in relationships and 82% in their relationships with family and trusted adults. Among parents whose outcomes were measured, 74% showed improvement in keeping their family safe. Progress is rarely straightforward, and it does not happen at the same pace for everyone, but these results reflect the value of consistent, relationship-based support.
The year also brought a significant change to our role in Walsall’s exploitation pathway. Street Teams began supporting young people assessed as being at medium risk, alongside new responsibilities for Return Home Conversations, contributions in MACE (Multi-agency child exploitation)meetings and increased intensive contextual assessing and support. These changes have allowed us to contribute earlier to decisions about children’s safety and to make sure their experiences and the views of their families are heard.
During the year, several significant funding streams, including multi-year grants, came to an end. Street Teams entered this period with reserves built up over previous years, and the trustees deliberately used unrestricted reserves to maintain frontline services and retain experienced staff while we reshaped the organisation and sought replacement funding. This planned investment protected continuity of support for children and families and gave us time to manage change carefully.
Building on this, our strategy for 2026/27 has focused on streamlining services, reviewing staffing and reducing expenditure while protecting essential frontline work. We have substantially reduced our operating budget and are developing a broader funding base through grants, commissioning, partnerships, education and professional training. Our priority is to establish recurring income that meets ongoing delivery costs and maintains reserves in line with our policy, supported by regular trustee oversight of budgets, cash flow and fundraising progress.
The year ahead will require difficult choices. We will make them with honesty about our resources and with the same commitment to young people that has shaped Street Teams for more than 30 years. We do not just respond to risk; we build safety.
Jade Brown
CEO
Recognition, Appreciation, In Kind and Volunteers
I want to thank our staff and volunteers for the skill and persistence they bring to this work, particularly through a year of change. I am also grateful to our trustees, funders, commissioners and partner organisations for their support. Above all, I want to thank the young people and families who have allowed us into their lives and helped us understand what meaningful support looks like.
Total income for the year was £233,155 which is a decrease from the previous year (2025: £365,500) and total expenditure was £462,565 which is a decrease from the previous year (2025: £473,554), resulting in a deficit of £229,410 (2025: deficit £108,052).
The financial results have been significantly affected this year by the reduced level of income from the Walsall Care contract. In addition the current economic climate is having a negative impact on costs.
The risks that the charity sector is facing are becoming increasingly challenging and are changing in nature and severity as the external environment evolves. The principal risks and uncertainties facing the charity include:
Insufficient income and reserves for the charity moving forward to achieve its strategic objectives and maintain its operations.
We manage these risks by engaging in regular discussions with our senior management and board of directors to enable us to monitor the significant risks and to allow us to make informed decisions and take timely action. We continue to make the most of opportunities and develop them with the confidence of any risks being managed. This allows us to think forward and continue to plan strategically to our aims are achieved more successfully.
The factors most likely to affect future financial performance are the continuation of funding and the level of demand for services, which will have an impact on costs.
During the year, the Trustees have reviewed their reserves policy as follows:
Reserves are maintained at a level which ensures that at least 3-6 months of the organization's core activity could continue during a period of unforeseen difficulty.
Total funds at 31 March 2026 were £265,000. Of this £23,644 was restricted, and £1,502 was the carrying value of unrestricted fixed assets. So the reserves available to Street Teams at the year end were £239,854, 52% of current total expenditure. Reserves would be used to cover any unforeseen financial difficulties that might otherwise impact adversely on the organization's charitable activities. Going forward, reserves may be used to fund employee costs. The level of reserves is acceptable to the trustees.
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
New trustees are recruited through informal advertising and are voted for at the AGM. An induction programme for policies and procedures is given upon appointment to the position of trustee. Further training is given as and when required.
The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
The company's current policy concerning the payment of trade creditors is to:
settle the terms of payment with suppliers when agreeing the terms of each transaction;
ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
pay in accordance with the company's contractual and other legal obligations.
The trustees' report was approved by the Board of Trustees.
I report to the trustees on my examination of the financial statements of Street Teams (the charity) for the year ended 31 March 2026.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Street Teams is a private company limited by guarantee incorporated in England and Wales. The registered office is 1 Butts Street, Walsall, West Midlands, WS4 2BJ, England.
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
The average monthly number of employees during the year was:
The remuneration of key management personnel was as follows:
Key management personnel received remuneration totalling £49,440 (2025: £40,861).
The total amount recognized as an expense for defined contribution pension schemes was £6,779 (2025: £7,198).
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
The purposes of the restricted funds are as follows:
The Historic Lloyds represents an underspend on previous Lloyds' funding which has been authorised to be used to support historic cases.
The National Lottery fund represents funding towards our Community Futures Project.
The Co-op & Asda fund represents a donation towards food items and day trips for service users.
The Grantham Yorke fund represents funding towards the Family Partnerships Project.
The Henry Smith fund represents continuation funding towards the Keep Safe Prevention (Protected Futures) programme.
The Garfield Weston fund represents core funding towards the Targeted Early Intervention project.
Asda Counselling fund represents funding towards counselling services for children and young people.
G J W Turner represents funding for our families project.
Awards For All is for early intervention online safety workshops.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
There were no disclosable related party transactions during the year (2025 - none).