REGISTERED COMPANY NUMBER: 02537864 (England and Wales}
REGISTERED CHARrrY NUMBER: 1001178
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
WORDSLEY HOUSING soaErY
J W Hinks LLP
Chartered Accountants
and StatLrtory Auditors
19 Highfield Road
Edgbaston
Birmingham
B15 3BH

WORDSLEY HOUSING SOCIErY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Pa8e
Report of the Trustees
I to 10
Report of the Independent Audftors
11 to 13
ststement ol Financlal Artlvltles
14
Balance Sheet
Cash Flow Ststement
16
Notes to the Cash Flow statement
17
14otes to the Flnanclal Statements
18 to 27
Detalled Statement of Flnanclal Actlvltles
28 to 29

WORDSLEY HOUSING SOCIEfY (REGISTERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also direttors of the charty for the purposes of the Companies Act 2006. present their report with the financlal
statements of the charity for'the year ended 31 March 2025. The trustees have adopted the provision5 of Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing thelr accounts In accordance with the Financial
Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effettlve l January 20191.
Page I

WORDSLEY HOUSING SOCIETY (REGISTERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FORTHE YEAR ENDED 31 MARCH 2025
OBJEcllvES AND AcfiviTIES
Our Wision
Our vision 15 a world where people are not labelled or Judged for having a mental illness and are assisted to recover their
independence.
Our Mlsslon
Our mission is to provide people who have a mental illness and associated problems in the Dudley borough with a seNice that=
Provides person centred support packages that meet the needs of the individual.
Empowers individua15 to reach their full potential by improving their confidence, self-esteem, hope and resilience.
Encourages and provides opportunities for individuals to have choice and take control over their lives.
Enables participation in a wide range of attivities and promotes community social inclusion.
oBJE￿IVEs AND AIMS
Wordsley Housing Society is a registered charity and prlvate limited company. The Society operates from premises owned by, and
rented from, the Churches Housing Association of Dudley and District ICHADDI. The object5 of the Society are "to provide housing
and associated amenities for discharged psychiatric patients and persons suffering from mental illness who are in necessitous
circumstsnces."
The maln buildin8 at 30 Brook Street in Wordsley was completed and opened In 1987 as a mental health residential care home in
response to the predicted closure of two psychiatric hospitals in Dudley- Burton Road Hospital and Barnsley Hall Hospital.
In March 2015, we transitioned from a resident5al care home to a supported livin8 service offerlng tenants more personal choice and
control that comes from having a tenancy agreement.
In 1996, the Society added an extension to the main building offering further accommodation and recreational space.
Since then, three two-bed propertie5 have been added to our portfolio. two in 2002 and one In 2009. These homes provide tenants
with the opportunity to experience independent living with reduced hours of support as a stepping stone before living completely
Independently a5 integrated merrbers of the community.
Through regular investment by the Soclety and CHADD, all bulldin8S, the surroundlng environment, and Ilvlng accommodations are
decorated, furnlshed, and maintained to a very hi8h standard. Throughout 2024-2025, the followin8 improvements have been carried
out: _
6, 9 and 10 Sutton Street had new doors, fascias, and guttering fitted
- 6 Sutton Street had a new bathroom fitted
- The old circuit board at 30 Brook Street wa5 replaced by a new one
New windows were installed in the office and activity room at 30 Brook Street
New blinds were fitted in the newly decorated office5 and activity room
Large conifer trees on the boundary of 30 Brook Street were removed and replaced with new secure fencing
-The old analogue telephone system was replaced with an up to date VOIP system
CCTV was installed to enhance the security of the building and tenants, property
Purchases made by WHS to enhance the living and learning space and experiences for tenants included..
- A set of garden chairs
- A new sofa in the quiet room
- A new carpet in one of the lounges
- A new computer and printer in the computer room of 30 Brook Street
- The replacement bedroom furniture, beds, etc in some bedrooms
Page 2

WORDSLEY HOUSING SOCIEf( (REGISTERED NUMBER: 025378641
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND AcrivmES
Sl8nlflcant activities
Our Accommodatlon
reet - Su
orted Livin
Accommodation
30 Brook Street accommodates up to 19 people on two levels and is made up of 19 rooms over the two floors.
The ground floor offers single bedroom accommodation with shared bathroom and living spaces. There are two communal lounges,
computer room with free internet access, a spacious dining room, laundry, and a large well-maintained garden with patio areas. Our
cook can cater for tenants In our commercial-style kitchen located on the ground floor and there is also a kitchenette available for
tenants to use.
The first floor offers bedsit-style single bedrooms with two people sharin8 a kltchen and bathroom, there is also a very pleasant
communal lounge/ dlnin8 room available to use.
re
Inde
Llvin
with Su
Our three, shared two bed properties on Sutton Street can accommodate 6 people and is located In a quiet cul-de-sac Sn close
proximity to 30 Brook Street.
The Su
rte
Livin
Servi
The service is re8lStered and regulated by the Care Quality Commission under the Health and Social Care Act 2008 to provide personal
care as well a5 being commissioned by Dudley Metropolitan Borough Council IDMBCI for the provision of care and support for people
with complex needs. In July 2023 the Care Quality Commission's review of the SocietV'5 work maintained the previously rated
Standard of "Good" and reported that 'We reviewed the information and data available to us about Wordsley Housing and
Independent Living Services. We have not found evidence that we need to reassess the rating at this Stage."
Throughout 2024 - 2025 we provided accommodation and support to 27 individuals, most of whom were from the Dudley area,
reaching a 97% occupancy rate.
We recognise that everyone has individual needs and expectations, and we offer flexible person<entred support packages with the
aim to maximise each tenant'5 life opportunitie5, achieve greater independence, develop daily living skills and promote social
Inclusion.
Tenants can receive support wlth the followin8 interventlons if necessary- the list Is not exhaustlve:
Maintaining a tenancy
Maintaining thelr mental, physical, and emotlonal health
Looking after personal care
- Supporting medication management
- Attending appointments
Developin8 daily living skills
Mana8in8 finances Ibudgetin8, claiming benefits, and managing debtsl
Providin8 access to leisure, cultural, and Social activities Iholidays, day trips, and celebration51
Building and sustaining social network5 and positive relationships
Developing hobbies and Interest5
GainSng access to education, trainin& volunteerin& and employment opportunities
Services are delivered by qualified and experienced staff who Share our recovery-based values and aim to supwrt people in a variety
of ways that enable people to..
Develop ski115 and strategies that assist them in managing their mentsl illness and its symptoms
Live independently without reliance on mental health services
Build resilience, boost 5elf-esteem. and develop independent thinking and living skills
Set realistic life goals
Proceed to less sUPPOrted or independent accommodation if required and appropriate
Page 3

WORDSLEY HOUSING SOCIEff (REGISTERED NUMBER: 02537864
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 MARCH 2025
OBJEcfivES AND A￿1VITIEs
Public benefit
How our activitles deliver public benefit
All our charitable activities focus on our ability to enable individuals who are suffering from mental ill health to maintain an
independent and valued role within the community.
The Society operate5 as a social busine55 in that it has no shareholder5, and all surpluses are used for the furtherance of its charitable
aims.
Soclal Investments
Social Investment is about investing in people. It means havin8 policies designed to strengthen people's skills and capacities and
supporting them to participate fully in employment and social life. Key policy areas include education, healthcare, trainin
volunteerin& job-search assistance and rehabilitation.
Everything we do represents a social Investment for both the tenants we seNe and the staff who support them.
We encourage every tenant to maximise thelr development and participate fully within the communlty and every member of staff Is
encouraged to develop their skills to enhance their Sense of wellbeln8 and feeling valued and respected.
Protertlon of Vulnerable Adults
We have reviewed our responsibilities as lald out in the Care Act 2014 and In the Chafity Commlssion's Guidance of
Strategy for dealing with safeguarding issues in charitSes and confirm that we have complled with statutory requirements.
The or8anisation is committed to the safeguarding of vulnerable adult5. We have policies and procedures for the protection of people
who use our services and provide regular staff training.
Every new member of staff receives an employee handbook. In thi5, the organisation'5 values are relterated, ènd staff are reminded
of the policie5 on safeguarding and whi5tleblowin8.
Tenants a￿ also Informed and educated on how to safe8uard themselves, this include5 what to look out for and how to report St.
Page 4

WORDSLEY HOUSING SOCIEfi (REGISTERED NUMBER.. 02537864)
REPORT OF THE TRu￿EEs
FOR THE YEAR ENDED 31 MARCH 2025
OBJEcfivES AND AcnviTIES
Our Staff Team
Our Registered Manager, Ms Karen Barr, has extensive experience mana8ing mental health services and developing hlgh-quality
responses to meet diverse needs. Working with a small team provlding administrative and financial 5UPPOrt, she ensures the effective
operation of the entire staff team and the development and implementation of new initiatives. She oversees the day-to-dav
management of the home and 5UPPOrts the Trustees by providin8 bi-monthly reports to the board.
We have a well-trained, frlendly, dlverse team of 36 staff members, including a Deputy Manager, three SupeNi50rs, twenty-two
Support Workers, two Cooks, a Finance Officer, an Admin Officer, and a Handyman/Gardener. All of them possess the right values,
behaviours, and experience to work in the social and ment31 health care sector.
We continue to manage our recrultment programme to ensure we appolnt the right people to deliver personèllsed Se￿lee$ whlle
maintaining our skilled, motSvated, and dedicated workforce. We adhere to safe recruitment and selettSon procedures. All staff
members undergo an enhanced Disclosure and Barring Setvice IDBSI check and pre-employment checks to confirm their sultsbility to
work with vulnerable Indivlduals.
We believe that staff are our most valuable asset, Thelr exceptional skllls and abilities dlstlngulsh our organisatlon from competitors
and contribute significantly to our success.
All staff undergo induction, ongoing mandatory trainln& professional development, and performance reviews to ensure they stay up
to date with recommended practice and regulatory requirements, enabling them to perform their roles and responsibilitie5 to the
high standards we expect.
The performance reviews also give the Senior team a chance to support and guide employees, a5 well as provide a space for them to
share their problems and concerns. This also helps strengthen the team's relationshlps.. these conversations can reduce friction and
other negative feelings that may arise from working in a potentially stressful environment.
Recent quality assurance feedback from relatives has included:.
When asked for suggestlon5 to improve the quality of care, they replied:
'The quality of care is good already, it doesn't need enhancing,
When asked about the main strengths of the service, the followlng responses were glven:
'Very welcoming, very clean environment and care needs for individuals are met,
'Kindness to the residents,
'Helpfulness & desire to help & offer support & guidance,
In the additional comments section, a daughter of one of ourtenants said..
'The staff at Wordsley Houslng are ab501utely amazlng at everything they dol We can't thank them enough for everything they have
donel,
'1 will be eternally grateful to the staff at Wordsley for the care and understanding given to mv 50n. My son's illness is complicated.
but I know he is looked after,
- Thank you so much to whoever did Michelle's hair and let Mark be with her on thi5 occasion, at her morn'5 funeral,
Page 5

WORDSLEY HOUSING SOCIETY (REGISTERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Achievement and performance
Charitable activities
Ensuring our work delfvers our airn5
We review our aim5, objectives and activities annually. This review looks at our achievements and outcome5 over the previous 12
months. The succe55 of each attivity and the benefits they have brought to the people we support are fundgmental to our service
delivery.
Key aim5 and achievements forthe year included..
l. The introduction of Atlas E-mar, a digital medication management system, replaced the inefficient prattice of recording data on
paper
2. To ensure thattenants and staff feel valued & supported
4. Improved and enhanced the accommodation and living space for the tenants and staff
5. Updated systems that include antivirus & cloud back-up
6, Contribute to delivering mental health Se￿iCe$ to the local community
7. Review all income and expenditure and agree uplifts to eligible and ineligible charges wlth Housin8 Benefit and tenants
8. Acquired and relnvest in two financial L￿ndS to further increase our reserves and investments
Improvements made to the seNlce throu8hout the year Sncluded..
Implementation of the Atlas E-mar system
-conducted a tenant food choice analysis
Launched a Culture and Diverslty Programme for every month of the year
- Supported staff by restructuring the senior management team
STRATEGIC REPORT
These are the strategic aims that guide the or8anisation'5 work..
Promotin8 8ood mental health and preventing poor mental health- helping people lead better lives as equal citizens.
ContSnue providin8 SUPPOrted ISvlng contracts for the local council.
Continue to bulld relatlonships with other professionals that promote our services.
Flnandal review
Flnanclal p051tlon
The Statement of Financial Activities for the year ended 31 March 2025 shows incoming resources for the year totalling £1.184.585
12024.. £1,020,867) and resources expended totallin8 £1,052,04512024.' E971,8921.
Net incomin8 resources before gains on investments for the year ended 31 March 2025 amounted to £132,54012024.. £48,975).
Gains on investments for the year amounted to £13.78012024: £9,975).
As a result, the Society's total funds have increased from £540,179 as at 31 March 2024 to £686,499 as at 31 March 2025.
Page 6

WORDSLEY HOUSING SOCIEfY IREG15TERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
srRATEGIC REPORT
Financial revlew
Reserves policy
Most of our funding comes from Dudley MBC, which contributes to the individual's support and accommodation costs. Any surplus
funds are either reinvested into the service or reserved for future use.
The trustees have assessed the appropriate reseNe levels for the Society and agreed that they should be increased to roughly six
months of operational costs.
The trustees believe it is necessary to regularly review thi5 requirement to ensure that the Society has sufficient resources to sustain
the standard of accommodation, care, and support for its tenants in case of funding fluctuations, unplanned vacancles, or
redundancy costs arising from contract cancellations that may require winding up the Society. This approach helps the Soclety
manage its finances responsibly in relatlon to its daily operations.
Future developments
The organisation will contSnue to offer a wide range of mental h¢alth sUPPOrt servlces to the people of Dudley across various settings,
together with our social inclusion programrne that will include..
Dudley MBC informed the organisation of the New Supported Llvlng Framework and that all contracts with supportlng people wlll
end, and a re-tendering of seNices will occur in the next two years
Working wlthin the new Care Quality Commission framework
We will also endeavour to..
Enhance our reputation and positlon to be the preferred choice for referrals through perfomiance and quality
Be an employer of choice
Provide speciali5ed developmental mental health and 50clal inclusion training to staff annually
Aim to Sustain an occupancy rate above 95%
STRUCTURE, GOVERNANCE AND MANAGEMEMr
Governlng document
Wordsley Housing Society 15 a company Ilmited by guarantee in England Iregi5tered company number 025378641 whSch was
incorporated on 7 September 1990 and achieved charitable status on 11 December 1990 (registered charity number 10011781.
The Society was established under a Memorandum of Associatlon, which established the objects and powers of the Society, and
Board of Trustee5, which atts for and in the name of the Society, govems the Society under its Articles of A550ciation.
Recrultment and appolntment of new trustees
Trustees are selected through an open proces5 and are appointed at the Annual General Meetin8 for a three-year term, after whlch
they may seek re*lection.
The Soclety aims to recruit trustees with appropriate skills and local knowledge, who will make a positive contrlbution to its work.
New trustees are given a trustee handbook and 80 through an induction process to brief them on thelr legal obligations and
responsibilities.
Page 7

WORDSLEY HOUSING SOCIETY (REGISTERED NUMBER". 025378641
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Or8an15atlonal structure
We have a volunteer Board of Trustees who share ultimate responsibility for governing the Society and overseeing it5 management.
All trustees dedicate their time voluntarily and receive no benefits from the Society.
The Board consists of seven members, includin8 the Chairman. Deputy Chairman, Treasurer, and other eletted trustees who 5UPPOrt
the Manager with the daily duties and management of the Society.
The 8oard of Trustees meets every two months throughout the year, and the day-to-day management of the Society is the
responsibility of the mana8er, who is directly accountsble to the Board of Trustees.
The Board retains overall authority over all aspects of the Society's work and ensures that its financial and legal responsibilitie5 are
properly fulfllled.
The trustees fulfil thelr duty to ensure our investments are prudenL properly managed, and carry the appropriate level of risk to
produce the desired return5.
Slnce the Society is reglstered a5 a publlc Ilmlted company, the trustees are consldered to be its directors,
Indurtlon and tralnln8 of new trustees
New trustees receive a trustee handbook and undergo an inductlon process to brlef them on their legal obli8ations and
responsibilities.
Rlsk rnanagement
The Board of Trustees holds overall responsibility for establishing and maintaining the Society's internal control system and for
reviewing its effectiveness.
The internal control system is intended to oversee major risks and offer reasonable assurance that the company's planned objective5
and outcomes are met.
It also aims to provide reasonable assurance about the accuracy and rellablllty of financlal and operational inft)rmatlon. as well as the
protectlon of the Society's assets and interests.
In fulfilling it5 responsibilities, the 8oard of Trustees adopts a rlsk-based approach to Internal controls to ensure that all malor risks
faced by the Society are identified and reviewed, and that procedures have been implemented to manage those risks.
REFERENCE ANO ADMINISTRATIVE D￿AlLs
Re8lstered Company number
02537864 (England and Wales)
Reglstered Charity number
1001178
Re8lstered office
30 Brook Street
Wordslev
Stourbridge
West Midlands
DY8 5YW
Page 8

WORDSLEY HOUSING SOCIEff (REGISTERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
P D R John Ichalrmanl
S J Waltho IMBEI Ivlce-chairl
J H Clarke IMBEI ITrea5urerl
E M Walker
CPGray
R Cook-monk
AJ Graham
Companysecretary
K Barr
Senlor Ststutory Audltor
James Cruse FCA, FCCA, Bsc (Econl Hons
Audltors
J W Hlnks LLP
Chartered Accountants
and Statutory Audltors
19 Highfleld Road
Edgbaston
Blrmlngham
815 3BH
Sollcftors
Hl88s LLP
3 Waterfront Business Park
Brierley Hlll
West Mldland5
DY5 ILX
Bankers
Uoyds Bank plc
134 High Street
Stourbridge
West Midlands
DY8 SAF
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees Iwho are a150 the dlrectors of Wordsley Hou5in8 Society for the purposes of company lawl are responslble for preparing
the Report of the Trustees and the financial statements in accordance wlth applicable law and Unlted Kin8dom Accounting Standards
(United Kingdom Generally Accepted Accounting Practlcel.
Company law requires the trustees to prepare financial statements for each financial year whlch give a true and falr vlew of the State
of affairs of the charitable company and of the incomlng resources and application of resources, Including the income and
expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently;
ObSe￿e the methods ond principles in the Charity SORP;
make judgements and estimate5 that are reasonable and prudent;
prepare the financial Statements on the going concern basi5 unless it is inapproprlate to presume that the charitable company will
continue in business.
Pa8e 9

WORDSLEY HOUSING SOCIETY (REGISTERED NUMBER: 02537864)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES. RESPONSIBIUTIES- contlnued
The tmstees are responsible for keepin8 proper accounting records whlch d15cIose wlth reasonable accuracy at any time the financial
position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguardlng the a55ets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other Irregularities.
In so far as the tru5tee5 are aware:
there is no relevant audit Informatlon of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ou8ht to have taken to make themselves aware of any relevant audit informatlon and
to establlsh that the auditors are aware of that Informatlon.
AUDITORS
The auditors, J W Hlnks LLP. will be proposed for re-appolntment at the forthcoming Annual General Meetlng.
Report of the trustees, Incorporating a strateglc report, approved by order of the board of trustees, as the company directors, on
2 September 2025 and sl8ned on the board's behalf by:
P D R John Ichaimianl - Trustee
Pa8e 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WORDSLEY HOUSING SOCIEfY (REGISTERED NUMBER: 02537864)
Oplnlon
We have audited the financial statements of Wordsley Housing Society Ithe 'charitable company'l for the year ended 31 March 2025
which comprise the Statement of Financial Artivities, the Balance Sheet. the Cash Flow Statement and notes to the financial
ststements, including a Summary of significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and
application of resources, inclLJdin8 Its income and expenditure, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for opinlon
We conducted our audit In accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements
section of our reporr, We are independent of the charitable company in accordance wlth the ethical requlrements that are relevant
to our audit of the financial statements In the UK, Including the FRC'S Ethical Standard, and we have fulfilled our other ethical
re5ponslbilities in accordance wlth these requirements, We believe that the audit evidence we have obtained Is sufficient and
appropriate to provide a basis for our opinlon.
Concluslons relatln8 to goln8 concern
In auditing the financial statements, we have concluded that the trustees, use of the golng concern basls of accounting in the
preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or condltlons that,
individually or collettively, may cast Significant doubt on the charitable company's ability to continue as a going concern for a period
of at least twelve months from when the financial Statements are authori5ed for issue.
Our responsibilities and the responsibilities of the trustee5 Wlth respect to going concern are described in the relevant sections of thi5
report.
Other informatlon
The trustees are responsible for the other information. The other Information comprlses the informatlon included in the Annual
Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicltly stated in
our report, we do not express any form of assurance conclusion thereon.
In connection with our audlt of the financlal statement5, our responslbility is to read the other informatlon and, in doing so, consider
whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or
otherwise appears to be materially mlsstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to detemiine whether this gives rise to a material misstatement in the financial statement5 themselves. If, based on the
work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that
fact. We have nothing to report in this regard.
Oplnions on other rnatters P￿SCrIbed by the Companles Act 2006
In our opinion, b35ed on the work undertaken in the course of the audit:
the information given in the Report of the Trustees for the financial year for which the financial Statements are prepared is
consistent with the financial 5tatements- and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WORDSLEY HOUSING SOCIEfi (REGISTERED NUMBER: 02537864)
Matters on 4vhlch we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit,
we have not identified material mi5Statements in the Report of the Trustees.
We have nothing to report in respect of the following matter5 where the Companies Act 2006 requires u5 to report to you if, in our
oplnlon..
adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not
Vislted by us; or
the financial statements are not in agreement with the accounting records and retums,. or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responslblllties of trustees
As explained more fully in the Statement of Trustees, Responsibilitie5, the trustees (who are also the directors of the charitable
company for the purposes of company lawl are responsible for the preparation of the financial statement5 and for being satisfied
that they give a true and fair view, and for such internal control as the trustees detemiine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the flnancial statement5, the trustees are responslble for assessing the charltable company'5 ability to continue a5 a
goin8 concern, disclosing, as applicable, matters related to 80ing concern and usin8 the going concern basi5 of accountlng unless the
trustees either intend to1Squidate the charitable company or to cease operatlons, or have no realistic alternative but to do so.
Our fespomlbllltles for the audlt of the flnancial ststements
Our objectives are to obtain reasonable assurance about whether the financial staternents as a whole are free from material
misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of assurance. but 15 not a guarantee that an audit conducted in accordance with ISAS IUKI will
always detect a material misstatement when It exists. Misstatements can arise from fraud or error and are considered material if,
individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of
these financial statements.
The extent to which our procedure5 are capable of detecting irregularities, including fraud is detailed below:
We identified areas of laws and re8ulatlons that could reasonably be expected to have a material effett on the flnancial statements
and discussed the policies and procedures regardin8 compliance.
Specific areas consldered were as follows.,
Enquiring with management and others to gain an understanding of the organisation itself Including operation5, financlal reportin8
and known fraud or error.
Evaluating and unéer5tanding the Internal control system.
Performing analytlcal procedures as expected or unexpected variance5 in account balances Of cla55e5 of transactions appear.
Testing documentation 5UPPOrting account balances or classes of transactions.
Owing to the inherent limitations of an audit, there 15 an unavoidable risk that we may not have detected all irregUlar￿leS including
those leading to material misstatement5 in the financial Statements or non-compliance with regulation, even though we have
properly planned and performed our audit in accordance with auditing standards.
This risk increases the more that cornpliance with a law or regulation is removed from the events and transaction5 reflerted in the
financial statements, a5 we will be les5 likely to become aware of instances of non-compliance. The risk is also greater regarding
irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, ornission or
misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's
website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WORDSLEY HOUSING SOCIETY (REGISTERED NUMBER: 025378641
Use of our report
This report is made 501ely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies
Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are
required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit
worl for this report, or for the opinion5 we have formed.
James Cruse
A, FCCA, Bsc (Econl Hons (Senior Statutory Auditor)
for and on behalf of J W Hink5 LLP
Chartered Accountants
and Statutory Auditors
19 Highfield Road
Edgbaston
Birmingham
BIS 38H
2 September 2025
Page 13

WORDSLEY HOUSIt4G SOCIETY
5rATEmE￿ OF FINANCIAL ACTIVITIES
IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
2025
Totsl
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Note5
INCOME AND ENOOWMENTS FROM
Chafltsble artivities
Grants receivable
Fees receivable for care and support
Rent and service charges
4,500
520,356
485,871
597.142
570.611
597,142
570,611
Investment income
16B32
16,832
10.140
Totsl
1,184,585
1,184,585
1,020.867
EXPENDITURE ON
Charltable activitles
Charitable activities
Support costs
904,696
147,349
904,696
147.349
826,833
145,059
Totsl
IA)52,045
1.052,045
971,892
Net 8ains on investment5
13.780
13.780
9,975
NEf INCOME
146.320
146,320
58,950
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
540.179
540,179
481,229
TOTAL FUNDS CARRIED FORWARD
686A99
686,499
540,179
The notes form part ofthese financlal Statements
Page 14

WORDSLEY HOUSING SOCIETY {REGISTERED NUMBER: 02537864)
BALANCE SHEEr
31 MARCH 2025
2025
Totsl
lunds
2024
Total
funds
Unrestrlcted
funds
Restrlcted
funds
Notes
FIXED ASSErs
Tangible assets
Investments
12
13
11320
192.258
11,320
192.258
3,436
162,671
203.578
203.578
166,107
CURRENT ASSETS
Debtors
Cash at bank and In hand
14
n,387
437,12S
72,387
437.125
52,383
362,952
509.512
509,512
415,335
CREDITOR5
Amounts falling due wlthln one year
126,591)
(26,5911
{41,2631
NET CURRENT A55Ers
482,921
482.921
374,072
TOTAL ASSEfs LESS CURRENT LIABILITIES
686.499
686,499
540,179
NEf ASSETS
686,499
686A99
540,179
FUNDS
Unrestrlcted funds
17
686.499
540,179
TOTAL FUNDS
686,499
540,179
The flnanclal statements were approved by the Board of Trustees and authorised for Issue on 2 September 2025 and were slgned on
Its behalf by:
P D R John (Chairman) - Trustee
The notes form part of these financlal ststements
Pa8e 15

WORDSLEY HOUSING soaErY
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash Ilows from operatlng artlvitles
Cash generatsd from operatlons
85,901
29,763
Net cash provlded by operatlng actlvltles
85,901
29,763
Cash flows from Investlng acthiltles
Purchase of tanglble fixed a55ets
Purchase of fixed asset Investments
Sale of fl¥ed asset Investments
Sale of flxed a55et Investments
Interest rKeived
(12.753)
(78.045)
58364
3￿74
I6￿32
13.0081
125,1891
19,816
10,140
Net cash (used Inllprovlded by Investlng actlvitles
(ii,n8)
1,759
Change In cash and cash equlvalents In the
reportln8 perlod
Cash and cash equfvalents at the be8lnnln8 of
the reportlng perlad
74.173
31,522
362,952
331,430
Cash and cash equfvalents at the end of the
reporting perlod
437,125
362,952
The notes form part of these financlal ststements
Page 16

WORDSLEI HOUSING SOCIETY
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCIUATION OF INCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES
2025
2024
Net Inc(wne for the reportlng period (as per the Statement of Flnanclal Actlvities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Increase in debtors
Decrease in creditor5
146.320
58,950
4,869
113.780)
(16,832)
(20.004)
(14,672)
1,342
19.9751
110,140)
12,3391
18,0751
Net cash wovlded by operatlons
85,901
29,763
ANALYSIS OF CHANGES IN NEf FUNDS
At 1.4.24
Cash flow
At 31.3.Z5
Net cash
Cash at bank and in hand
362.952
74.173
437.125
362,952
74.173
437.125
Total
362,952
74,173
437,125
The notes fomi part of these financial statements
Page 17

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCoU￿1NG POUCIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the chafltable company, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 '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 IFRS 1021 leffective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared
under the historical cost convention, with the exception of investments which are included at market value.
The financial statements are prepared in sterlin& which is the functional currency of the charity. Monetary amounts In these
financial statements are rounded to the nearest £.
INCOME
All income is r￿OgniSed in the Statement of Financial Activities once the charity has entltlement to the funds, It Is probable
that the income will be received and the amount can be measured reliably.
Investment income is earned through holding asset5 for Investment purposes such as shares. It incudes dSvldends and interst
receivable. Interest income is recognised using the effective interest rate method and dividend income is recogni5ed as the
Charities right to receive payment is established. Investment management costs are included in expenditure.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there 15 a legal or constructive obligation committing the charity to that
expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the
obligation can be measured reliably. Expenditure is accounted for on an accruals basi5 and has been classified under
heading5 that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings
they have been allocated to activities on a basis consistent with the use of resource5.
ALLOCATION AND APPORTIONMENT OF COSTS
Costs are allocated between direct charitable and other expenditure according to the nature of the cost. Where items involve
more than one category they are apportioned between the categories according to the nature of the cost. A detailed analysSs
of the allocation costs is given in the note5 to the accounts.
TANGIBLE FIXED ASs￿s
Depreciation is calculated so as to wrlte off the cost of an asset, le55 It5 estimated useful residual value, over the useful
economic life of that asset as follows.
Computer equipment
Flxtures and fittin8S
25% strai8ht line method.
- 25% and 33.3% reducing balance method.
TAXATION
The charity is exempt from corporation tax on Its charitable activities,
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objertives at the discretion of the trustees.
Restricted funds can only be used for particular restrirted purp05e5 Wlthin the objects of the charity. Restrittions arise when
specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
PENSION COST5 AND OTHER POST-RETIREMENT BENEFITS
The Society operates a defined contribution pension scheme for employee5. The assets of the scheme are held separatelv
from those of the Society. The annual contributions payable are charged to the statement of financial activities.
Pa8e 18
continued...

WORDSLEY HOUSING SOCIEr
NOTES TO THE FINANCIAL STATEMENTS- Contlnued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES- contlnued
INVESTMENTS
Current asset investments comprise fixed term deposits and are stated at cost plus accrued interest earned up to the balance
sheet date. Investments are held to provide an investment return for the charity.
GOVERNME1￿ GRANT5
Govemment grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance
that the grant condition5 wlll be met and the grants will be received.
A grant that specifies performance conditions is recogni5ed in income when the performance conditions are met. Where
grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A
grant received before the recognltion criterla are satisfied is reco8nised a5 a liability.
OPERATING LEASE AGREEMENTS
Rentals applicable to operatin8 leases where substantially all of the benefits and rlsks of ownershlp remain with the le550r
are charged agalnst surpluse5 on a straight line basis over the period of the lease.
INVESTMENT INCOME
2025
2024
Bank interest receivable
Dividends received
11,931
4.901
4,928
5,212
16,832
10,140
INCOME FROM CHARITABLE AcfiviTIES
2025
2024
Activity
Grants recelvable
Fees receivable for care and support
Rent and servite charges
Grants receivable
Fee5 received from residents
Fees recelved from residents
4,500
520,356
485,871
597,142
570,611
1,167,753
1,010,727
Grant5 received, included in the above, are as follow5..
2025
2024
West Midlands Care Association
4,500
Page 19
continued..

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THEYEAR ENDED 31 MARCH 2025
CHARITA8LE ACTIVITIES COSTS
Dirett
Costs (see
note 51
Support
costs (see
note 61
Totals
Charitable activities
Support costs
904,696
904.696
147,349
147,349
904,696
147.349
IA152.045
DIREcf COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Hire of equlpment
RenL rates and water
Light and heat
Repair5 and maintenance
Insurance
Food costs
Cleaning costs
Recreational and occupational
Motor and travel
Depreciation
633,742
12,698
107,644
40,366
29,620
7,242
51,955
9,008
6,983
569
4,869
599,170
12,320
101,227
24,928
18,030
6,248
49,020
8,714
3,412
145
1,342
904.696
824,556
SUPPORT COSTS
Governance
costs
Other
Totals
Support costs
141A09
147?49
Support costs are those costs that have been incurred in order to further the contlnued development of the Society's
charitable attivities,
Page 20
continued...

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THEYEAR ENDED 31 MARCH 2025
SUPPORT COSTS- continued
Support costs, included in the above, are as follows:
2025
Support
costs
2024
Total
activities
Wages
Social security
Pensions
General expenses
76,936
8,146
17.612
4￿45
78,132
8257
15,933
6,670
¥ li
Legal and professional
Telephone
Subscriptlons
Securitv
Printin8, Postage and stationery
Staff trainln8 costs
Bad debts
Auditors, remuneration
6,325
5.735
5,075
2A92
7.731
5,925
587
5,940
SA42
5,219
4.055
2,399
10,920
4.537
5.7n
147349
147.336
NEf INCOMEIIEXPENDITURE)
Net incomellexpenditurel is stated after chargingjlcreditingl:
2025
2024
Auditors, remuneration
Depreciation- owned assets
Other operating leases
5,940
4,869
12,698
5,772
1,342
12,320
TRUSTEES, REMUNERATION AND BENEFIT5
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
TRUSTEES, EXPENSES
During the year expenses totallin8 £2712024: £63) were reimbursed to trustees.
Page 21
continued...

WORDSLEY HOUSING SOCIEri
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR TrIEYEAR ENDED 31 MARCH 2025
srAFF COSTS
2025
2024
Wages and salaries
Social security costs
Other pension costs
675A19
43,405
17,612
647,920
37.639
15,933
736A36
701,492
The avera8e monthly number of employees during the year was as follows..
2025
38
2024
37
Management, admlnlstratlon and support
No employees received emoluments in excess of £60,000.
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACtIVlTIES
All of the funds In the Statement of Flnancial Artivities in 2024 were unrestricted.
ii.
PENSION COMMITMENTS
The Society contributes to the individual pension plans of certaln employees. The a55ets of these schemes are held
separately from those of the Society in independently administered funds.
The total contributions for the year amounted to £17.612 12024: £15,933) and out5tandin8 contributions as at 31 March
2024 amounted to £1,87912024'. £3,0531.
12.
TANG18LE FIXED ASSETS
Fixtures
and
flttings
Computer
equipment
Totals
COST
At l April 2024
Additions
100,660
6,420
17,719
6,333
118379
12,753
At 31 March 2025
107,080
24.052
131,132
DEPRECIATION
At l April 2024
Charge for year
99,480
2,533
15.463
2,336
114,943
4￿69.
At 31 March 2025
102,013
17,799
119.812
NEf BOOK VALUE
At 31 March 2025
5P67
6,253
IL320
At 31 March 2024
1,180
2,256
3,436
Page 22
continued...

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
13.
FIXED Ass￿ INVESTMENTS
2025
2024
Investments
192,2Yd
162,671
There were no investment a55ets outside the UK.
Investments Inelther Ilsted nor unlisted) were as follows:
1025
2024
Brought forward
Investment additions
Investment d15posals
Revaluation5
162,671
87,886
168.2051
9,906
147,323
25,189
119,8161
9,975
192,258
162,671
All listed Investments are carrled at their fair value which is determined by reference to the quoted prlce for identical assets
In an active market at the balance sheet date.
The h15torical cost of listed investments amounted to £178,02612024: £152,807).
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Accrued income
Prepayments
47,027
25,231
129
38,417
10,573
3,393
72,387
52,383
Page 23
continued...

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL sTATEmE￿S- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Social security and other tsxes
Other creditors
Accrued expenses
5.274
9,380
8,884
3,862
19.137
6,675
14,642
26,591
41,263
16.
LEASING AGREEMENTS
MlnSmum lease and commitment payments under non<ancellable arrangements fall due as follows..
2025
2024
Within one year
Between one and flve years
106,268
lo9￿58
103,383
210,070
215326
313,453
17.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestrlcted funds
General fund
Designated fund- Reserves fund
55,179
485,IXIO
146,320
ZOIA99
485M)O
540,179
146,320
686A99
TOTAL FUNDS
540,179
146,320
686,499
Net movement in funds, included In the above are as follows:
Incoming
resources
Resources
expended
Galns and
losse5
Movement
in funds
Unrestrlcted funds
General fund
1,184,585
{IX152.045)
13,780
146,320
TOTAL FUNDS
1,184,585
{1,05Z.045)
13.780
146.320
Page 24
continued...

WORDSLEY HOUSING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- contlnued
Comparatives tor movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestrlcted fvnds
General fund
Designated fund- Reserves fund
31,229
450,000
58,950
135,OCKII
35,000
55,179
485,000
481,229
58,950
540,179
TOTAL FUNDS
481,229
S8,950
540,179
Comparative net movement In funds, included in the above are a5 follows,.
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlrted fund5
General fund
1,016,367
1967.3921
9.975
58,950
Restricted funds
West Mldland Care Association
4,5(Ki
14,5001
TOTAL FUNDS
1,020,867
1971,8921
9,975
58,950
A current year 12 months and prior year 12 months combined positlon Is as follows..
Net
movement
in funds
Transfer5
between
fund5
At
31.3.25
At 1.4.23
Unre5trlcted funds
General fund
Designated fund - Reserves fund
31,229
450,TrJO
205,270
135,0001
35,000
201,499
485,000
481,229
205,270
686,499
TOTAL FUNDS
481,229
205,270
686,499
Page 25
continued...

WORDSLEY HOUSING soaErf
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMEhrr IN FUNDS- contlnued
A current year 12 month5 and prior year 12 months combined net movement in funds, included in the above are a5 follows:
Incoming
resources
Resources
expended
Gains and
1055es
Movement
in funds
Unrestrltted funds
General fund
2,200,952
{2,019,4371
23,755
205,270
Restrlcted funds
West Midland Care Association
4,500
14,5001
TOTAL FUNDS
2,205,452
12,023,937)
23,755
205,270
Pury>ose of unfestrfcted funds
General fund
Thi5 fund represents the free funds of the charlty that are not deslgnated for particular purposes.
Desi
na
fund-R
erv
This designated fund represents the approximate costs that would be incurred If the Society, for whatever reason, is unable
to continue operating.
Purposes of restrlcted lund5
tmi
Ass
ion
h Grant
Adults Social Cère Transformation Fund from The Black Country ICS on behalf of NHS England and the Digitising social Care
Programme IDISCI.
These funds were awarded to the organisation to assist with the procurement & implementation costs of the Nourish digital
social care system which is an NHS Assured Supplier of social care technology which is a requirement of the fund.
Nourish was chosen because it was considered to be the most compatible to our service and enabled us to purchase five
handsets and deliver tralning and provide additlonal admin time to successfully implement the system and transfer from a
paper based system to a digital system,
RELATED PARTY DISCLOSURES
Lunch on the Run Llmlted
P D R John, a trustee of Wordsley Housing society also served as trustee of a charitable company called Lunch on the Run
Limited Icompany number.. 03736856. Charity number.. 10809C(JI.
S J Alliband, a responsible individual of Wordsley Housing Society also served as trustee of Lunch on the Run Limited.
During the year ended 31 March 2025 the following transactions occurred between the Society and Lunch on the Run
mited.
urch35e
Buffets COSt5 totalling £nil12024.' £5051 were paid to Lunch on the Run Limited.
Amount_5_due from Word51ey_Housing Society. 10 Lunch on the Run Limlted
As at the balance sheet date £nil12024.' £nill was due to Lunch on the Run Limited.
Page 26
continued...

WORDSLEY HOUSING SOCIEr
NOTES TO THE FINANaAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
19.
ULTIMATE CONTROLLING PARTY
The charity 15 controlled by the trustees as listed in the Report of the Trustees.
20.
COMPANY LIMITED BY GUARANTEE
The Society is a charitable company limited by guarantee and does not have any share capital. The member5 of the
charitable company are the trustees named in the trustees report of the financlal statements. The liability of members is
Ilmited and shall not exceed £1. Any surplus on winding up is to be donated to a charity whose oblects are of 5imllar nature.
The charitable company has taken acfvantage of section 60{11 of the Companies Act 2006 and deleted the word "Limited"
from Its name.
Page 27

WORDSLEY HOUSING SOCIETY
DETAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
INCOME ANO ENDOWMENTS
Imiestment Income
Bank interest receivable
Dlvldends received
11,931
4,901
4,928
5,212
16.832
10,140
Charftable actlvitles
Grants receivable
Fees received from residents
4,500
1,006,227
1.167,753
1.167.753
1,010,727
Total Inwmin8 resources
1,184,585
1,020,867
EXPENDITURE
Charltsble artlvities
Wages and Salaries
Social security costs
Hire of equipment
Rent, rates and water
ght and heat
Repairs and maintenance
Insurance
Food costs
Cleaning costs
Recreational and occupational
Motor and travel
Depreciation
598A83
35,259
12,698
107,644
40,366
29,620
7,242
51.955
9.008
6.983
569
4,869
569,788
29,382
12,320
101,227
24,928
18,030
6,248
49,020
8,714
3,412
145
1,342
904,696
824,556
Support costs
Other
Wages
Social securlty
Pensions
General expenses
Legal and professional
Telephone
Subscriptions
Security
Carried forward
76,936
8.146
17,612
4.845
6,325
5,735
5,075
2A92
127,166
78,132
8,257
15,933
6,670
5,442
5,219
4,055
2,399
126,107
This page does not form part of the statutory financial statements
Page 28

WORDSLEY HOUSING SOCIEPI
DEfAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Other
Brought ft)rward
Printin& postage and stationery
Staff training costs
Bad debts
127,166
7,731
5.925
587
126,107
10,920
4,537
141.409
141,564
Governance costs
Auditors, remuneration
5.940
5.772
Total resources expended
1,052,045
971,892
Net Income before galns and10sses
132.540
48.975
Reallsed reco8nlsed galns and losses
Unrealised gainslllossesl on f1xed a55et Investments
Realised 8ains/llossesl on fixed asset investments
12,839
12,8641
3,874
Nrt Ineome
146,320
58,950
This page does not form part of the Statutory financial statements
Pa8e 29