**REGISTERED CHARITY NUMBER: 1105723** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **FOR** ## **BIRMINGHAM URBAN RHYTHM NETWORK** Bonna & Co 591a Holly Lane Erdington Birmingham West Midlands B24 9LU **BIRMINGHAM URBAN RHYTHM NETWORK** ## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|11| |**Detailed Statement of Financial Activities**|12|to|13| ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1105723 ## **Principal address** 100 Alma Way Aston Birmingham West Midlands B19 2LN ## **Trustees** D Jarrett Trustee J Pitt Trustee S Uddin Miss K Dennis-Gayle ## **Independent Examiner** Stephen Bonna Bonna & Co 591a Holly Lane Erdington Birmingham West Midlands B24 9LU Approved by order of the board of trustees on 9 September 2025 and signed on its behalf by: D Jarrett - Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRMINGHAM URBAN RHYTHM NETWORK** ## **Independent examiner's report to the trustees of Birmingham Urban Rhythm Network** I report to the charity trustees on my examination of the accounts of Birmingham Urban Rhythm Network (the Trust) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 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 examination. 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 accounts to be reached. Stephen Bonna The Association of Chartered Certified Accountants Bonna & Co 591a Holly Lane Erdington Birmingham West Midlands B24 9LU 9 September 2025 Page 2 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025** |**2025**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**437,795**
**EXPENDITURE ON**
Raising funds
2
**406,882**
**NET INCOME/(EXPENDITURE)**
**30,913**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**176,054**
**TOTAL FUNDS CARRIED FORWARD**
**206,967**|2024
Total
funds
£
372,810
379,234
(6,424)
182,478
176,054| |---|---| The notes form part of these financial statements Page 3 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **BALANCE SHEET 31 March 2025** |**2025**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
5
**41,393**
**CURRENT ASSETS**
Debtors
6
**18,000**
Cash at bank and in hand
7
**170,615**
**188,615**
**CREDITORS**
Amounts falling due within one year
8
**(23,041)**
**NET CURRENT ASSETS**
**165,574**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**206,967**
**NET ASSETS**
**206,967**
**FUNDS**
9
Unrestricted funds
**206,967**
**TOTAL FUNDS**
**206,967**|2024
Total
funds
£
46,898
21,343
111,826
133,169
(4,013)
129,156
176,054
176,054
176,054
176,054| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 9 September 2025 and were signed on its behalf by: D Jarrett - Trustee The notes form part of these financial statements Page 4 **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is 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 basis and has been classified under headings 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 resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions 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. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 continued... **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** ## **2. RAISING FUNDS** ## **Raising donations and legacies** |Trustees' remuneration etc
Staff costs
Trustees' expenses
Studio Hire
Insurance
Telephone
Postage and stationery
Subscriptions
Training
Music Workshop
DBS Checks
Mentoring
Promotion &Marketing
Catering
Youth Residence
Office Supplies
Youth Workers
Advertisement
Gifts/Barbering
Interest payable and similar charges
Support costs
**Investment management costs**
Vehicle Hire
Aggregate amounts|**2025**
**£**
**400**
**18,001**
**-**
**-**
**904**
**591**
**253**
**346**
**61,500**
**66,295**
**307**
**7,840**
**-**
**10,232**
**9,343**
**466**
**-**
**283**
**2,785**
**2**
**35,639**
**215,187**
**2025**
**£**
**20,000**
**406,882**|2024
£
-
2,940
450
29,900
836
609
149
326
24,900
35,912
307
18,339
7,513
-
9,343
1,096
2,648
350
-
-
20,628|2024
£
-
2,940
450
29,900
836
609
149
326
24,900
35,912
307
18,339
7,513
-
9,343
1,096
2,648
350
-
-
20,628| |---|---|---|---| |||156,246|| |||2024
£
11,000
379,234|2024
£
11,000| Page 6 continued... ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** |**3.**|**TRUSTEES' REMUNERATION AND BENEFITS**||| |---|---|---|---| |||**2025**|2024| |||**£**|£| ||Trustees' fees|**400**|-| ||**Trustees' expenses**||| |||**2025**|2024| |||**£**|£| ||Trustees' expenses|**-**|450| |**4.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||| ||||Unrestricted| ||||fund| ||||£| ||**INCOME AND ENDOWMENTS FROM**||| ||Donations and legacies||372,810| ||**EXPENDITURE ON**||| ||Raising funds||379,234| ||**NET INCOME/(EXPENDITURE)**||(6,424)| ||**RECONCILIATION OF FUNDS**||| ||Total funds brought forward||182,478| ||**TOTAL FUNDS CARRIED FORWARD**||176,054| continued... Page 7 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** ## **5. TANGIBLE FIXED ASSETS** |Musical
Equipments
£
**COST**
At 1 April 2024
**39,686**
Additions
**553**
At 31 March 2025
**40,239**
**DEPRECIATION**
At 1 April 2024
**10,111**
Charge for year
**3,013**
At 31 March 2025
**13,124**
**NET BOOK VALUE**
At 31 March 2025
**27,115**
At 31 March 2024
29,575
**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments
**7.**
**CASH AT BANK AND IN HAND**
Cash in hand
Bank account no. 1
Total|Fixtures
and
fittings
£
**5,665**
**754**
**6,419**
**1,617**
**480**
**2,097**
**4,322**
4,048|Computer
and
Office
Equipments
£
**28,338**
**-**
**28,338**
**15,063**
**3,319**
**18,382**
**9,956**
13,275
**2025**
**£**
**-**
**18,000**
**-**
**18,000**
**2025**
Total
funds
**£**
**1,223**
**169,392**
**170,615**|Totals
£
**73,689**
**1,307**
**74,996**
**26,791**
**6,812**
**33,603**
**41,393**
46,898
2024
£
12,000
-
9,343
21,343
2024
Total
funds
£
-
111,826|Totals
£
**73,689**
**1,307**| |---|---|---|---|---| |||||**74,996**| |||||**26,791**
**6,812**| |||||**33,603**| |||||**41,393**| |||||46,898| |||||2024
£
12,000
-
9,343| |||||21,343| ||||111,826|| continued... Page 8 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** |**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Accrued expenses
**9.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|
At 1.4.24
£
**176,054**
**176,054**
Incoming
resources
£
**437,795**
**437,795**
At 1.4.23
£
182,478
182,478|**2025**
2024
**£**
£
**3,421**
2,008
**19,620**
2,005
**23,041**
4,013
Net
movement
At
in funds
31.3.25
£
£
**30,913**
**206,967**
**30,913**
**206,967**
Resources
Movement
expended
in funds
£
£
**(406,882)**
**30,913**
**(406,882)**
**30,913**
Net
movement
At
in funds
31.3.24
£
£
(6,424)
176,054
(6,424)
176,054|2024
£
2,008
2,005
4,013
At
31.3.25
£
**206,967**|2024
£
2,008
2,005| |---|---|---|---|---| |||||4,013| ||||**206,967**|| ||||**30,913**|| ||||At
31.3.24
£
176,054|| ||||176,054|| continued... Page 9 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |Incoming
resources
£
**Unrestricted funds**
General fund
372,810
**TOTAL FUNDS**
372,810
A current year 12 months and prior year 12 months combined position is as follows:
At 1.4.23
£
**Unrestricted funds**
General fund
182,478
**TOTAL FUNDS**
182,478|Resources
Movement
expended
in funds
£
£
(379,234)
(6,424)
(379,234)
(6,424)
Net
movement
At
in funds
31.3.25
£
£
24,489
206,967
24,489
206,967|Resources
Movement
expended
in funds
£
£
(379,234)
(6,424)
(379,234)
(6,424)
Net
movement
At
in funds
31.3.25
£
£
24,489
206,967
24,489
206,967| |---|---|---| |||(6,424)| |||At
31.3.25
£
206,967| |||206,967| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
810,605
810,605|Resources
Movement
expended
in funds
£
£
(786,116)
24,489
(786,116)
24,489|Resources
Movement
expended
in funds
£
£
(786,116)
24,489
(786,116)
24,489| |---|---|---|---| ||||24,489| continued... Page 10 **BIRMINGHAM URBAN RHYTHM NETWORK** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2025** ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 11 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
Donated services and facilities
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Trustees' fees
Trustees' expenses
Consultancy fees
Studio Hire
Insurance
Telephone
Postage and stationery
Subscriptions
Training
Music Workshop
DBS Checks
Mentoring
Promotion &Marketing
Catering
Youth Residence
Office Supplies
Youth Workers
Advertisement
Gifts/Barbering
Bank charges
**Other trading activities**
Aim Higher Project
Video Production
Wages
Pensions
Hire of Equipments
Promotions & Events
Plant and machinery
Carried forward|2025
£
**436,995**
**800**
**437,795**
**437,795**
**400**
**-**
**18,001**
**-**
**904**
**591**
**253**
**346**
**61,500**
**66,295**
**307**
**7,840**
**-**
**10,232**
**9,343**
**466**
**-**
**283**
**2,785**
**2**
**179,548**
**-**
**9,897**
**133,321**
**3,456**
**-**
**18,209**
**3,013**
**167,896**|2024
£
372,810
-| |---|---|---| |||372,810| |||372,810
-
450
2,940
29,900
836
609
149
326
24,900
35,912
307
18,339
7,513
-
9,343
1,096
2,648
350
-
-| |||135,618
27,754
22,636
148,822
3,140
1,475
-
3,286
207,113| This page does not form part of the statutory financial statements Page 12 ## **BIRMINGHAM URBAN RHYTHM NETWORK** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025** |**Other trading activities**
Brought forward
Fixtures and fittings
Computer equipment
**Investment management costs**
Vehicle Hire
**Support costs**
**Management**
Travelling expenses
**Information technology**
Repairs and renewals
**Human resources**
Website and internet services
**Governance costs**
Accountancy
Book-keeping services
Total resources expended
**Net income/(expenditure)**|2025
£
**167,896**
**480**
**3,319**
**171,695**
**20,000**
**15,720**
**14,412**
**2,887**
**1,960**
**660**
**2,620**
**406,882**
**30,913**|2024
£
207,113
450
4,425
211,988
11,000
12,495
3,988
1,645
1,840
660
2,500
379,234
(6,424)| |---|---|---| This page does not form part of the statutory financial statements Page 13