Company Ltd by Guarantee No: 3691811
Reglstered Charity Number . 1077034
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
BILSTON RESOURCE CENTRE
(A COMPANY LIMITED BY GUARANTEE)

CONTENTS
PAGE NO.
COMPANY & CHARITY INFORMATION
TRUSTEES, REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
10-15

BILSTON RESOURCE CENTRE
COMPANY & CHARITY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024
DIREcfoRS / TRUSTEES:
Mr KJ Sammonds
MrPJ Share
Mr M N Milligan
Mrs R K Patla MBE
COMPANY SECRETARY
Mr S Bhardwaj
REGISTERED OFFICE .
St Michaels Mission
Wolverhampton Street
Bilston
WV14 OLT
COMPANYNUMBER:
3691811 (England and Wales)
REGISTERED CHARITY NUMBER .
1077034
INDEPENDENT EXAMINER .
Severn Accountlng
Shaw Mews
I Shaw Street
Worcester
WRI 3QQ
BANKERS:
Lloyds Bank
89 Church Street
Bilston
West Midlands
WV14 OAX

BILSTON RESOURCE CENTRE
REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31 MARCH 2024
The directors, who are also trustee5 for the purpose5 Of the Charity Act, present their annual report and
independently revlewed Financial Statement5 for the year ended 31. March 2024
OBJECTS AND AcfiviTIE5
As set out in the Memorandurn and Articles of Association, the oblects of the charity are: to promote the
benefit of the inhabitants of the area of beneflt. In particular, to advance Christian values, education and
tralning, relieve sickness and old age, preseNe and protect good health and to provide facilities in the
Interest of soclal welfare for re¢￿atIon and other lelsure time occupation wlth the object of Improving the
conditlons of life for the sa5d Inhabltants,
811ston Resource Centre's main actlvlty Is to 5UPPOrt local people to acce55 learnin& skills and
employment, by provldlng a wel¢omlng open access facllity, providing Information Advice & Guldance
IIAGI, help wlth Cvs and lobsearch, as well as learning opportunities in Basic Skills, ESOL and Information
Technology. We also work wlth other partners within our networks and provide vocationally relevant skills
and qualifications. Additionally, we have developed the community hub at)d cafe to bring community
groLtps together and also enabllng organ15atlons to make use of the centre's new purpose buSlt facilitie5.
All of the Centre's activities are almed at supportlng local people, in an area of high deprlvatlon. No
member of the Company, Including the Dlrectors, receives any financlal benefit from thelr Involvement
wlth the Centre,
In developing actlvltles and deliverin8 se￿ICeS, the Directors have taken account of the 8uldance on publlc
beneflt publlshed by the Charitles Commission.
ACHIEVEMENTS AND PERFORMANCE- Aprll 1023 to March 2024
BRC has achleved positive successes thls year, with the dellvery of a range of projects promotln8
engagement and outreach activities, employment and 5kllls support, learnlng support Includlng English,
Maths, ESOL and Digital support and the communlty cafe has delivered a range of activitles and bookings
for key stakeholder5 and residents, BRC have also dellvered new actlvltles Including creative art
workshop5, cycllng and worklng wlth local partners to help address people's well-belng, in partlcular
youth.
BRC have contlnued to support resldents through Sts services and have also plloted some work to target
young people aged 16 - 18, by working with local secondary school In 811ston, Ormlston Academy. We have
also done collaborative work with Excel youth 8foup* providlng meals for youth group5 and have also
dellvered a ronge of pre-ta5ter IT classes for people aged 50+. Through our digital scheme we have been
supportlng resldents aged 50+ to enable them to Improve thelr IT skllls and confldence using computer5
and have also worked with Dlgltal team of local authorlty to dlstrlbute/gift digStal devices to those who
need most.
Informatlon Advice and Guldance to Matrlx Quality Standard. Thls Included career guidance and actlon
planning, help with Cvs and job appllcations, and access to Jobsearch lincludlng online job search).
BRC have also taken on new volunteers to help them improve new skllls in customer care, IAG and
digital mentorSng.
Openaward5 and OCN accredlted learning for Baslc Skllls and ESOL. In the perlod of Aprll 2023 to
March 2024, learners were supported to achleve qualif ications in Essential Dlgital Skills, Functional
Skills Engllsh. Digital Skllls Courses have proven to be successful as learners who have little or no
experlence with IT have achleved an entry 3 qualiflcatlon.
BRC have continued to partner with the Clty of Wolverhampton Council to partlclpate in the digital
chrome book lending scheme. BRC are also a key partner in the Black Country Futures strategic
partnershlp group and have had the opportunity to participate in shaping the strategy of learnin&
support. well-being acr055 the black country with other organisations. BRC have also continued to
develop strong local partnership in the Bilston area with community providers. identifying local issues
to address.
BRC has successfully delivered a8ainst its key projects being UKSPF, 8CF2, Know Your Neighbourhood
IKYNI and Adult Skllls Budget IASBI. These project5 have enabled BRC to test and trial new Innovotaive
activities, not only supporting people's employment and training needs, but 3150 activities around their
health and well-being needs improving people's self*steem, self-belief and confidence. with
particular focus on young people, over 50s and non-native speakers of other languages including
refugees.

BILSTON RESOURCE CENTRE
REPORT OF THE TRUSTEES { continued)
FOR THE PERIOD ENDED 31 MARCH 2024
FINANCIAL REVIEW
The cha rity receives a variety of grants and donations for specific purposes, which are treated as
Restricted Funds. Other income is ea rned through delivering contracts for public agencies. While not
restricted funds, we are still required to account to these agencies for the use of these funds. We use
the Quick Books software package to track expenditure against various funds. The largest area of
expendlture is on staff sala ries. We use an external payroll agency, who are responsible for ha nd ling of
PAYE and Nl and payments to HMRC. All other expenditure is authorised by the Centre Manager.
Nearly all our income is received in the form of cheques or direct BACS payments, and most
expenditure is made by direct bank transfers [salaries by BACSI. The bank statements are reconciled
on a monthly basis.
BRC have been successful with a number of contracts and projects, despite the challenges faced with
projects coming to an end. While the Black Country Futures part 2 has recommenced until 2025, BRC
were successful with the delivery of the Bridges European Lottery Project, supporting the unemployed
and economica Ily inactive into work, BRC were also successful in delivering the UK Share Properity
{UKSPFI including, Skills Connect, Support for 50+ and Get Online. Furthermore, BRC were successful
with a pilot project called Know Your Neighbourhood via Heart of England, promoting volunteering
and workplacement opportunities, to reduce lonliness and this has commenced until 2025. This
project was open to all residents, however, with particular focus on those aged over 50 and young
people aged 16-24. BRC have continued to deliver the Adult Educatlon Budget for Adult Skills, as a
subcontractor provider delivering English, Maths and Essential Digital Skills, ESOL accreditted
qua lifications. We at BRC continue to extend our grateful tha nks to all our funders.
In line wlth the recommendations of the Charity Commlsslon, the Trustees have adopted a policy on
the holding of reserves. In view of the short-term nature of the Centre's funding, the Trustees are
seeking to achieve unrestricted reserves amounting to six months, salaries and running costs. Thls
currently amounts to around £155,000. With net current assets of £190,179 we have comfortably
covered this. The Trustees will continue to seek ways to sustaln and boost our reserves.
The directors are empowered to invest monies of the Charity not immediately required for the
furtherance of its objects in or upon such investments, securities or property as may be thought fit,
nevertheless subject to such conditions lif any) and such consents lif any) as may for the time being be
imposed or required by law.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is constituted as a Charitable Company Limited by Guarantee and Is a charity registered
with the Charity Commission number 1077034, and is therefore not subject to Corporation Tax.
Governing document: Memorandum & Articles of Association incorporated on the 5 January 1999 as
amended by special resolution dated 15th April 1999.
The Trustees set the overall policy and direction of the Charity. Day to day management responsibility
is devolved to the paid staff, led by Simon Bhardwaj, the Centre Manager, who also acts as Company
Secreta ry.
The Trustees all provide their services free of charge. They have a wide range of skills and experience
in management in the public, private and voluntary sectors. Trustees are elected by the membership
at the AGM, and serve for a three-year term.

BILSTON RESOURCE CENTRE
REPORT OF THE TRUSTEES I continued)
FOR THE PERIOD ENDED 31 MARCH 2024
REFERENCE & ADMINISTRATIVE DETAILS
These are set out on Page 3 of these accounts.
STATEMENT OF DIRECTORS, RESPONSIBILITIES
The dlrettors are requlred under UK Company law to prepare financlal statements for each financial
year, whlch give a true and falrvlew of the company's financlal activltles during the year and of its
financial posltlon at the end of the year. In preparlng those financlal ststements, the dlrectors are
requlred to:
a) select sultable accountlng pollcies and apply them conslstentlv.
b) make judgements and estlmates that are reasonable and prudent;
cl state whether appllcable accountlng sta ndards and statements of recommended practlce have
been followed, subject to any departures dlsclosed and explalned In the flnanclal statements;
dl prepare the flnanclal statements on a golng concern basls unless It Is inapproprlate to presume that
the company wlll contlnue In operation,
The dlrectors are responslble for keeplng accountlng records, whlch dlsclose with reasonable accuracy
the financial posltion of the company and which enable them to ensure that the flnanclal statements
comply with appllcable law and regulatlons. They are also responslble for safeguardlng the assets of
the company and hence fortaklng reasonable steps forthe prevention and detectlon of fraud and
other Irregularltles. The dlrectors have Identlfled the major rlsks to whlch the charlty are exposed and
have put adopted sultable rnechanisms to manage those risks.
This report has been prepared In accordance with the speclal provlslons of the Companles Act 2006
appllcable to companles subject to the Small Companles regime.
APPROVAL
ThTS report was approved by the dlrectors on .......
ovem
. 2024,
and signed on their behalf:
Mr Peter Share, Chalr

REPORTOF THE INDEPENDENT EXAMINER TOTHETRUSTEES OF
BILSTON RESOURCE CENTRE
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st March 2024,
which are set out on pages 3-6 and 8-15
Res
onslbilltles and basls of re
ort
As the charSty's trustees, you are responslble for the preparation of the accounts In accordance with the requirements
of the Charities Act 20111"the ACV'I.
I report in respect of my examination of the Truse5 accounts carried out under section 145 of the 2011 Act and In
carrying out my examination, I have followed all the applicable Dirertion5 given by the Charity Commission under
sectlon 14515llbl of the Act.
Inde
endent examinerfs statement
I have completed my examination. I confirm thot no material matters have come to rny attentlon In Connèctlon wlth
the examlnatlon whlch gives me cause to belleve that In. any material respect..
the accountlng records weie not kept In accordance wlth sectlon 130 of the Charitles Act,. or
the accounts dld not accord with the accounting records; or
the accounts dld not comply wlth the appllcable requlrements concerning the form and content of accounts set
out in the Charltles IAccounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a
'true and fair. view which is not a matter considered as part of an Independent examlnatlon.
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon
should be drawn In thls report In order to enable a proper understanding of the accounts to be reoched.
Severn AccountSng
Shaw Mews
I Shaw Street
Worcester
WRI 3QQ
Date .

Bllston Resource Centre
Statement of Financial Actlvitlesl incorporating an Income and Expenditure Account)
for the year ended 31st March 2024
2024
Total
Funds
2023
Total
Funds
Restated
Unrestricted
Funds
Deslgnated
Funds
Restricted
Funds
Notes
INCOME FROM:
Donations & legacles
6,900
Charltable actlvltles
53,725
148,267
201,992 325,822
Other tradln8 activities
10,343
10,343
21,554
Investment Income
920
920
164
TOTAL INCOME
64,988
148,267
213,255 354,440
EXPENDITURE ON:
Ralsln8 Funds
Charltable Actlvltles
110,572
23,729
175,293
309,594 334,044
TOTAL EXPENDITURE
110,572
23,729
175,293
309,594
334,044
NET INCOMEIIEXPENDITURE)
before transfers
145,5841
123,7291
127,0261
196,3391
20,396
Transfers between funds
Prior year Adjustment
Net Incomlng/lOutgolngl resources
145,584)
123,729)
127,0261
{96,3391
20,396
RECONCILIATION OF FUNDS
Total funds bought forward
253,776
359,968
602,762
1,216,506 1,196,110
TOTAL FUNDS CARRIED FORWARD
208,192
336,239
575,736
1,120,167 1,216,506
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Att 2006,
There are no recognlsed gains or losses other than those passing through the income and expenditure account.

Bilston Resource Centre
Balance Sheet as at 31st March 2024
Notes
At 31st March
2024
At 31st March
2023
Restated
FIXED ASSETS
Tangible
CURRENT ASSETS
Debtors & prepayments
Cash at bank and in hand
916,656
972,114
13,902
191,234
205,136
495
246,168
246,663
CREDITORS
Amounts falling due within one year
10
1,625
2,271
NET CURRENT ASSErs
203,511
244,392
TOTAL ASSETS LESS CURRENT UABILITIES
1,120,167
1,216,506
CREDITORS
Amounts falllng due after more than one year
NET ASSETS
1.120.167
1,216,506
FUNDS OF THE CHARITY
Restrlcted funds
Unrestrlcted funds
De51gnated funds
12
575,736
208,192
336,239
602,762
253,776
359,968
TOTAL FUNDS
1,120,167
1,216,506
Forthe year endlng 31st March 2024 the company was entltled to exemptlonfrom audit
under settion 477 of the Companies Att 2006 relating to small companies.
Directoes responsibilltles ,
The members have not requlred the companyto obtaln an audlt of Its accounts forthe year
In questlon In accordance wlth sectlon 476 of the Companies Act 2006. However, In
accordance wlth Section 145 of the Charltles Act 2011, the flnanclal statements have been
examined by an Independent Examiner, whose report is Included In these accounts.
The directors acknowledge thelr responslbllitles for complying wlth the requlrements of the
Cornpanles Act 2006 with respect to accountlng records and the preparation of accounts.
These accounts have been prepared In accordance wlth the provisions applicable to
companles subject to the small companles re8ime.
The accounts were approved by the Board on ..... .
oue
Mr Petershare. Chair
The note5 form part of the flnanclal statements

Bilston Resource Centre
Notes to the Financial statements
for the year ended 31st March 2024
Note
I ACCOUNTING POLICIES
Accountlng Conventlon
The Financial Statements have been prepared in accordance with applicable accounting standards
including Flnancial Roporting Standard FRS 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, IFRS 1021, The Charities Act 2011 and the Charltle5 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 (effective l January 20151.
Cash Flow Statement
Exemption ha5 been taken from preparing a cashflow statement on the grounds that the
company qualifies as a small company.
Tangible fixed assets
Depreciation is provided at the following annual rates In order to write off each asset over its
estimated usef ul l ife
Fixtures, fitting5 & equlpment
Property
Other Fixed Assets
25% per annum on straightline basls
4 % per annum on stralghtline basis
IO% per annum on Straightline ba51S
Incomln8 Resources
All incomin8 resources are Included on the Statement of Financial Activities when the charity is
legally entitled to the income and the amount can be quantified wlth reasonable accuracy.
Restrlcted Incoming resources in respect of capital expendSture are carried forward as deferred
capital grants and released to the fund account to match the depreciation charges.
Resources Expended
Expenditure Is accounted for on an accruals basis and has been classlfled under headin8S that
aggregate all the costs related to the category. Where costs cannot be directly attributable to
particu lar headings they have been allocated to activities on a basls consistent with the use of
resources.
Taxation
The charity is exempt from corporation tax on its charitable activitie5
Fund Accounting
Unrestricted Funds can be used in accordance with the charitable objectlves at the discretion of
the trustees.
Restricted funds can only be used for the particular restricted purposes within the objects of the
charity. Restrlctions arise when specified by the donor or when the funds are raised for a
particular restricted purpose.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Pension costs
The Company operates a money purchase pension scheme for employees. Employer
contributions are charged as an expense in the period to which they relate and are allocated to
activities in line with the related salary cost.
io

Bi15ton Resource Cent
Note5 to the Financial statements
for the year ended 31st March 2024
Note
2 INCOME FROM DONATIONS & LEGACIES
2024
2023
Good things foundation
6,900
6,900
3 INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Restated
Restricted Funds
DWP Resource Mgt
Heart of England KYN
50 + Project Sandwell
Black Country Futures- Part 2
Sandwell MBC
UK Shared Prosperity
12,490
23,800
1,315
113,012
14,928
37,850
16.750
93,667
148,267
165,545
Other charitable Income
Educatlon & trainlng
Advlce, guidance & help Into work
WVSC Voluntary Skllls Connect
Other Income
52,566
71,000
2,295
86,687
295
1,159
53,725
160.277
4 INCOME FROM OTHER TRADING AcfiviTIES
Centre lettln8S
Café takings
3,805
6,538
10,343
10,195
11,359
21,554
Hlre charges were made for use of the Centre by various outside organ55ètlons In 2022-23.
5 INVESTMENT INCOME
Interest receivable
920
164
TOTAL INCOME
213,255
354,439
Note
6 EXPENDITIJRE
2024
2023
Restated
Charitable Actlvities:
Staff costs
153,764
29,253
68,279
55,458
2,840
193,700
40,324
42,188
55,458
2,375
Establishment costs
Direct cost of activitles
Depreciation
Accountancyllndependent Examiner's Fee
Prior Year Adjustment
309,594
334.044
Raisin
funds:
staff costs
other direct costs
Total Expendtture
309,594
334,044
li

Bilston Resource Centre
Notes to the Financial statements
for the year ended 315t March 2024
Note
7 STAFF COSTS. TRUSTEES REMUNERATION AND EXPENSES
During the year no remuneration for services as a director/trustee and no expenses were
paid or were payable, directly or indirectly, out of funds of the charity to any trustee.
Trustee Stewardship Insurance of £2,525 was paid during the year12023: £2,343)
2024
2023
Restated
STAFF COSTS
Wages and salaries
Social security costs
Pension costs
Staff travel & subsistence
143,463
5,310
4,620
371
178,715
9,288
5,179
518
153,764
193,700
The average monthly number of employees during
the year was
There were no employees whose annual emoluments were £60,000 or more12023 . nil}
Unrestrlcted
Funds
Deslgnated
Funds Restricted Funds
8 TANGIBLE FIXED ASSETS
Total
Cost
At l Aprll 2023
Add itions
Disposals
As at 31 March 2024
19,506
593,213
698,270
1,310,989
19,506
593,213
698,270
1,310,989
Depreciation
At l April 2023
Charge for the period
Disposals
As at 31 March 2024
11,027
195,243
132,605
338,875
3,798
23,729
27,931
55,458
14,825
218,972
160,536
394,333
Net Book Value
As at 31 March 2024
4,681
374,241
537,734
916,656
At 31st March 2023
8,479
397,970
565,665
972,114
12

Bilston Resource Centre
Notes to the Financial statements
for the year ended 31st March 2024
Note
DEBTORS
At 31st March At 31st March
2024
2023
Restated
Trade Debtors
13,902
495
Prepayments and accrued income
13,902
495
10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Restated
Trade Creditors
Tax and social securlty
Accrued expenses
1,625
2,271
1,625
2,271
CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
11 ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
Funds
2023
Total
Funds
Restated
Unrestricted
Funds
Deslgnated
Funds
Restricted
Funds
Fixed Assets
4,681
374,241
537,734
916,656
972,114
244,392
Net Current Assets
Long term Liabilities
203,511
203,511
208,192
374,241
537,734
1,120,167
1,216,506
13

Bi15ton Resource Centre
Note5 to the Financial statements
for the year ended 315t March 2024
Note
12 Restrltted funds
The Income funds of the charlty Include restricted funds comprislng the following unexpended balances
of donations and grants held in trust for specific purposes
MOVEMENT IN FUNDS
Transfers to
Deslgnated Balance at 315t
Fund
March 2024
Balance at l Aprll
Incomlng
2023 Resources
Resources
Expended
BBO Community Matters
UK Shared Prosperity . UKSPF
TNL Communlty Fund- Hub development
81ack Country Futures
Heart of England - KYN
Blg Lottery Fund - Capltal Grant
Black Country Futures - Part 2
18421
18421
93,667
550
16131
37,850
27,931
16,750
93,667
550
16131
37.850
603,667
575,736
16,750
602,762
148,267
175,293
575,736
Blg Lottery Fund - Capltal Grant a grant through the Reaching Communltles Bijllding Programme towards the cost of the Phase
2 expanslon. The grant is subject to a 20 year legal charge, and wlll be dlscharged over this grant perlod.
Black Country Futures Part 2 . (BCF Part 2) commenced Aprll 2023, as a contlnuation of BCF I, however, wlth particular focus on
supporting young people Into work and provldlng Ilfe skills support.
Heart of England Ivolunteerlngl June 2023- Thls was a short pllot projeit to reduce lonllness and Isolatlon through
volunteerln8 placement opportunltles. Thls project was to target resSdents living In Bllston and surroundlng areas, in particular
young people aged 16 . 24 and people over So. This project Is building upon the prevlous pllot scheme to enable volunteers to
gain experience In caterln8 and hospltalltyi Customer care, admSnlstratlon, IT and teachlng support,
Transfers
Transfers may be made Sn sStuatlons where expenditure h?5 exceeded avallable grant Income or where there has been a small
balance of grant remainln8 after the project completion,
14

Bllston Resource Centre
Notes to the Flnanclal statements
for theyear ended 31st March 2024
13 Designated Fund
A sum of £23,729 has been charged as depreciation of the deslgnated capital fund, which reflects the val￿e of the two
extensions to the premises.
14 Commltments under operating leases
At 31 March 2023 the company had a commitment under a non-cancellable operating lease from Bllston Neighbourhood Church
for a term of 25 years, commencing January 2014 until December 2038. This lease commit5 the company to an annual rent of
£8,000 p.a. to cover Its occupatlon of the Phase l annexe at St Michaels Mlssion, Wolverhampton Street, Bilston WV14 OLT. to
deliver Its services and programmes. At the expiry of the term, the asset will revert back to the owners,
In December 2018 the company entered into a second lease from St Michaels Neighbourhood Church for a term of 20 years.
This lease commlts the company to an annual rent of £1,400 p.a. to cover its occupatlon of the Phase 2 annexe at St Mlchaels
Misslon, Wolverhampton Street, Bilston WV14 OLT, to deliver its seNices and pro8rammes. At the explry of the term, the asset
wlll revert back to the owners.
These commltments can be broken down as follows .
Under I year
Ito5 years
£9,400
£37,600
Over 5 years
15 Reserves Pollcy
The dlrectors have consldered the level of reseNes they wish to retaln, approprlate to the chèrlty's needs. Thls Is based on the
charity's slze and the level of financlbl commltments held, The dlre¢tors aim to ensure the charlty w511 be able to contlnue to
fulfll Its charitable objectives even if there Is a temporary shortfall In Sncome or unexpected expendlture, The dlrector5 wlll
endeavour not to set aslde funds unnecessarily.
16 Related party transactlons
£112,800
There were no transactions wlth related partles durln8 the year or previoLts year that requlre dlsclosure In these accounts.
15