BRIGHT YOUNG FUTURES LTD
Supporting young people from the age of 16, Bright Young Futures empowers youths with additional needs by providing short-term and long-term modern housing. Referred to by Local Authorities, they accommodate to the needs of every person to create stability with all of their services. The funds raised for this campaign will go towards housing new residents.
Creating modern living spaces for the youth in need to help them flourish and grow.
It is pivotal that we create a space to help our tenants flourish, so we provide a person-centred service instead of a ‘one-size fits all’ as every need is different. Overall, all of our tenants receive engagement/key work sessions aimed to promote independent living skills. This will include Education & Employment, Health and well-being, Cooking, Household chores emotional well-being and more. We have a diverse staff team that provides nurturing support to service users, which enables positive outcomes, effective partnership working, and placement stability.
We believe it is essential that we ensure individuals are placed in the perfect home, so we factor in geographic area, ethnicity, religion, their support needs and risks that are posed to themselves and others.
We have two types of accommodation, our modern family homes with individual bedrooms, that are more ideal for 16-18 year olds and our own self contained furnished property, which is ideal for 18+ year olds.
During the first lockdown they were unable to grow the business however since then they have grown from two properties to twenty properties under management. The business was not impacted by the second lockdown.
Credit Risk Comments:
Two business directors are providing a personal guarantee, this means that if the business fails the directors become personally liable for the loan. The directors are not homeowners. There have been no CCJs for the business or directors.
Where will the funds go?
"Creating modern living spaces for the youth in need to help them flourish and grow."