Fledge is a Charitable Incorporated Organisation, registered at the Charity Commission and it publishes an Annual Report from its Trustees and a set of Independently Examined Accounts for each financial year. The latest figures, for the year to 31 March 2020, (just before the worst of the first Covid lockdown), show Fledge’s turnover to have grown by 48.1%, with income from all sources rising to over £ 277,000. Expenditure over the same period rose to £ 231,000. At the end of 2019-20 Fledge was able to accommodate and support up to 21 young adults across its four residential properties.
Reflecting on the Report, Chair of Trustees, Phil Watts, commented: “Our Annual Report for 2019-20 documents another year of sustained growth for Fledge. It is also a tribute to the hard work and dedication of our staff team and my fellow trustees. 2019-20 was a very busy one for Fledge during which we leased and opened two additional residential properties as well as relocating our office premises to house our growing staff team. At also covered the start of the Covid crisis and I must acknowledge the incredible work of our team in sustaining our services to our residents during the challenges of the pandemic.
We are also incredibly grateful and appreciative for the support we continue to receive from our many generous supporters: individuals, churches, and other organisations whose gifts of money, time, in kind items and prayers mean so much in enabling us to provide the wider holistic support our service users so often need.
All of our activities are, of course, driven by the sustained demand for accommodation and support by our service users, and it remains a continuing concern to Fledge that there are more vulnerable and homeless young adults seeking our help than we can accommodate. So as always, our in-year surplus and our reserves will enable our plans for further sustainable growth as we seek to meet these continuing needs.”