Charity registration number 1122980
Company registration number 05814032 (England and Wales)
BROMSGROVE AND REDDITCH NETWORK
ANNUAL REPORT AND INDEPENDENTLY EXAMINED FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

BROMSGROVE AND REDDITCH NETWORK
LEGAL AND ADMINISTRATIVE INFORMATION
Trusteos
Mrs K Jones
MrJ Cochrane
Ms J Morris
Mrs Y Rendell
Mrs F Mitchell
Dr B Costello
MrA Hopkins
Secretary
Mr G P Roskell
Charity number
1122980
Company number
05814032
Registered office
Community House
103 Easemore Road
Redditch
Worcestershire
B98 8EY
Independent examiner
Colm McGrory FCA
Bankers
Unity Tnjst Bank plc
Four Brindleyplace
Bimiingham
812JB

BROMSGROVE AND REDDITCH NETWORK
CONTENTS
Page
Chairfs Report
Truslees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
1¢>19

BROMSGROVE AND REDDITCH NETWORK
CHAIR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
2023-2024 has largely been a successful year of operation for BARN, with one or surprises on the way. The
Community Workers Lunch, in partnership wilh the Community Workers Network and Redditch Dislrict
Collaborative, has continued and a separate group, Community Workers Bromsgrove, has just begun. This gives
frontline workers in both towns an opportunity to come together and share experiences. Ne￿Ork and board
meetings continue using a hybrid model. The Volunteer Centre activities carry on with new branding being rolled out
and despite problems with the Do-lt website (national volunteering website) as they moved unexpectedly to a new
model.
The BURT (Bromsgrove Urban and Rural Transport) service is now virtually back to normal having overcome some
staffing problems early in the year. BARN conlinues to deliver the ABCD (Assel Based Community Development)
initialive in Redditch, where communities, strengths are built on, rather than being defined by Iheir deficits. We
employ community builder posts. one in Abbeydale (now expanding into the area around Sl Georges school)
and one in Woodrow. Both also cover Redditch working particularly with minority communities.
BARN is also the fundholder for the Reimagine Redditch - Creative People and Places project. which started in
April 22 and goes on until March 2026. All the posts have now been recruited, with the workload remaining
significant. but manageable. BARN has begun the registration process for Gift Aid, but this is taking a long time to
be sorted out.
RCNT (the charity that ran Community House) no longer has the lease. The Council is now the direct landlord and
we have reached agreement to have a small discount on our rent to do minor jobs in the property and the ability to
invoice if tasks become too onerous. A lot of time has been spent looking for new suitable premises and the Old
Needle Works was looking a likely contender. However. they decided to go with another lenant and so the process
of finding a suitable property continues.
The financial position of the charity is more secure for the next few years, because of the large projects described
above. Fundraising efforts are conlinuing though to ensure that we stay in a good position. We are grateful to a
range of organisalions, companies and foundations that have provided funding over the years. We continue to work
closely with Redditch BC and Bromsgrove DC and their support and funding for parts of our work continues to be
welcome.
I would like to thank all our members. volunteers, trustees and staff for their support, hard work and commitment
over the lasl 12 months. As part of our governance arrangements, we regularly review the skills base of our Irustees
to ensure effective experience and knowledge exists within our trustee body and those skills have been extremely
valuable to help us through Ihe year. We maintain an up to date risk managemenl register and review our financial
position at each meeling. As Trustees leave Ihe organisation from time to time, we do welcome anyone suitable
wishing to join the Board.
In conclusion, we look fO￿ard to how BARN can conlinue ils role in supporting volunteers. voluntary organisations
and communities in 2024125.
Yvonne Rendell CITP MBCS
Chair
Dated: 18 De￿mber 2024

BROMSGROVE AND REDDITCH NETWORK
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in accordan￿ with the accounting policies sel out in note 2 to the accounts
and comply with the charity's memorandum and articles of association, the Companies Act 2006 and'Accounting
and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts
in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as
effective from 1 January 2019).
Objectives and activities
To promote any charitable purposes for the benefit of the communities in the areas of Bromsgrove and Redditch
local authority areas. in particular Ihe advancement of education, protection of heallh, relief of poverty. distress
and sickness.
Significant Actlvities
Bromsgrove and Redditch Ne￿ork (BARN) is a network supporting volunteers, voluntary organisations and
communities across Bromsgrove and Redditch. BARN is the local Council for Voluntary SeNice, and also runs
the Volunteer Centre for Bromsgrove and Redditch and a range of local community projects. We represent the
local volunlary sector, support local communities, and help with networking. information, funding and
volunteering. Where we see a gap in provision we try lo help through delivery or partnerships. BARN has been
supporting local communities for over 25 years.
Ne￿Ork su
ort activities
BARN has a broad range of Bromsgrove. Redditch and countywide groups as members, more than 90 across
the area. Network meetings have remained a popular way to support the sector by providing an opportunity for
VCS colleagues to meet each other and share information. We continue using a hybrid model, allowing for both
fa￿ lo face and virtual participation. Introduced during the pandemic. this allows organisations that slruggle to
get to meetings lo participate fully. BARN continues its partnership with the Community Workers. Network and
Redditch District Collaborative to run the Community Workers. Lun¢h.an opportunity for frontline workers to
meet and talk. This proved so useful in Redditch that BARN launched Community Workers Bromsgrove, and
those meetings have proved extremely popular.
The Funding Newsletter continues to be extremely helpful to our members, and the fijnding portal that is free
for all local VCS lo use. In January we held a Funding Fair at the Kingfisher Centre in Redditch, attended by a
range of funders and VCS organisations from across the area. BARN was also successful in applying for funds
to run a comprehensive training package for volunteers and the VCS, including Safeguarding, First Aid, First Aid
for Mental Health. and Food Hygiene.
During the year BARN continued to work closely with other Councils for Voluntary Service and Volunteer Centres
across Worcestershire to strengthen the voice of the grassroots VCS through Worcestershire Community Action
Network {WeCAN) and share best practice. As Redditch is a non- constituent authority in the Wesl Midlands
Combined Authority we also lalk to other CVSS in the region representing the local voluntary sector to the
Authority. We are also a key member of the new wOr￿stershIre VCSE Alliance. a countywide ne￿ork wilh a
health and wellbeing focus.
Volunleer Cenlre
We are the only accredited Volunteer Centre in WorGestershire, and were one of the first in the country to
achieve the new standard. We continue lo promote volunteering and help match volunteers with appropriale
opportunities, and regularly attend community evenls to promole our work. Our Volunteer Managers, Forum
offers a chance for volunteer managers to come logether to share their experience and besl practice.
We conlinued to develop projects lo build on the experienGe of the Volunteer Centre. Our Skills for Work
volunteering helps residents across Bromsgrove and Redditch use volunteering as a stepping stone into
employment, boosting confidence, gaining experience, and learning new skills. We work closely with the Job
Centres in both areas to help their clients use volunteering to improve their employability. Our
Live.Grow.Su¢ceed. project is designed to encourage more young people to volunteer, and its dedicated
website livegrowsucceed.org hosts young people's volunteering stories.

BROMSGROVE AND REDDITCH NETWORK
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT)
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Communit Activities
BURT (Bromsgrove Urban and Rural Transport) is a community transport minibus in Bromsgrove for those who
can't get about on their own. Numbers continued to grow after the pandemic, with numbers approaching pre-
COVID levels. The service remains popular, and a vital lifeline to our passengers.
BARN continued to deliver Asset Based Community Development in Redditch. The project employs
community builders lo support people lo initiate and lake ownership of activities in Iheir communities, focused
around the neighbourhoods of Abbeydale and Woodrow. and also supporting Minority Communities. The results
of this programme are often unexpected. but hugely rewarding as the community takes control of its own
projects.
Reimagine Redditch, a four yearArts Council England funded project in Redditoh, began in April 2022. BARN is
the fund holder for the project. and employ ihe staff team, working closely with other members of the Consortium
that run the project. In Bromsgrove we continued to coordinate the Support Bromsgrove partnership that came
together as a result of COVID. and the resources on Ihe website supportbromsgrove.com were developed to
respond to cost of living pressures. BARN also ran a number of grant schemes on behalf of funders, and frorn
time to time holds money on behalf of organisations that have no suitable account.
One of Ihe saddest duties of BARN during the year was overseeing the winding down of Redditch Common
Neighbourhood Trust, the charity that had overseen Community House for so many years, and where BARN is
based. Previously a lively community hall and building, the devastating news that the local Council will be going
ahead with plans to sell the site meant the charity needed to close when the lease reverted back to the Council.
BARN. like the other charities and community groups based there, is searching for a new home.
BARN'S role in supporting the voluntary and community sector across Bromsgrove and Redditch, and its
communities. remains as vital as ever. The support from our partners and funders. and the contributions of
Redditch Borough Council, Bromsgrove District Council, the local strategic partnerships. continue to be vital
to BARN and the work it does. BARN'S success has been, as always, reliant on the hard work and dedication of
its members. trustees, staff and volunteers. and we remain proud supporters of the work of our communities and
VCS organisations across Bromsgrove and Redditch.
Public benefit
In setting the objectives, Ihe trustees have given careful consideration to Ihe Charity Commission's general
guidance on public benefil and in particular to its supplemenlary public benefit guidance on advancing education.
Achievements and perfornian¢e
Financial review
During the year the charity made a net surplus of£121,182 {2023- net surplus of £75,749).
At the year end the charity had nel assets of £449,803 (2023 - net assets of £328.621).
Reserves policy
The trustees consider that unrestricted reserves be held at a level approximately equal to between 1 and 3
months expenditure in order to be able to cover day to day running costs in the unlikely event that future
incoming resources are either delayed or unduly cease.
Structure, governance and managernent
Governing document
The charity is controlled by its goveming document. its Memorandum and Articles of Association. and constitutes
a privale company. limited by guarantee, as defined by the Companies Act 2006.

BROMSGROVE AND REDDITCH NETWORK
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also the directors for the purpose of company law, and who served during the year and
up to the date of signature of the financial statements were..
Mrs K Jones
Mr J Cochrane
Ms J Mo￿lS
Mrs Y Rendell
Mrs F Mitchell
Dr B Costello
MrA Hopkins
Recruitment and appolntment of new trustees
Trustees can co-opt new trustees, members must vote to confirm the appointment of the new trustee at the AGM.
Risk management
The trustees have a duty to identify and review the risks to which the charily is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
statement of Trustees. responsibilities
The Trustees, who are also the directors of Bromsgrove And Red(Jilch Nefyvork for the purpose of company law,
are responsible for preparing the Trustees, Report and Ihe financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charity and of the incoming resources and application of resources, including
the income and expenditure, of the charitable company for thal year.
In preparing these financial statements, the Tnjstees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subjecl to any material departures
disclosed and explained in the financial statements: and
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the
harity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them lo ensure that the financial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
Th Trustees, report was approved by the Board of Trustees.
Yvonne Rendell C
Chair
Dated.. 18 December 2024

BROMSGROVE AND REDDITCH NETWORK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BROMSGROVE AND REDDITCH NETWORK
I report to the Trustees on my examination of Ihe financial slatements of Bromsgrove And Redditch Network
(the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the Trustees of the charity {and also ils directors for the purposes of company law) you are responsible for
the preparation of the financial statements in accordance wilh the requirements of the Companies Act 2006
(the 2006 Act).
Having satisfied myself that the financial slatemenls of the charity are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
charity's financial statements carried out under section 145 of the Charities Act 2011 {the 2011 Act). In carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of FCA, which is one of the listed bodies.
I have completed my examination. I confirm Ihat no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respecl of the charity as required by seclion 386 of the 2006 Act- or
the financial statements do not accord with those records; or
the financial statements do nol comply with the accounting requirements of section 396 of the 2006 Act
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.. or
the financial statements have not been prepared in accordance with the methods and principles of Ihe
Statement of Recommended Pradice for accounting and reporting by charities applicable lo charities
preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102).
I have no COn￿rn$ and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
be reached.
Colm McGrory FCA
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Dated.. 18 December 2024

BROMSGROVE AND REDDITCH NETWORK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Charitable activities
Other trading activities
Investments
75,774
2,150
868
523.506
599.280
2,150
868
66,993
2,135
267
307,193
374,186
2,135
267
Total income
78.792
523,506
602,298
69.395
307,193
376,588
Ex
endlture on:
Charitable activities
81,590
399,526
481,116
134,097
166,742
300,839
Net {expenditure)lincome for
the yearl
Net movemenl in funds
{2,798)
123,980
121.182
(64,702)
140,451
75,749
Fund balances at 1 April 2023
59,095
269.526
328,621
123.797
129,075
252,872
Fund balances at 31 March
2024
56,297
393,506
449.803
59.095
269,526
328,621
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

BROMSGROVE AND REDDITCH NETWORK
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
14
7,435
9,913
15
2,328
449.606
2.071
324,766
451.934
326,837
Creditors: amounts falling due within
one year
16
(9,566)
(8.129)
Net current assets
442,368
318,708
Total assets less current liabilities
449,803
328,621
Income funds
Reslricted funds
Unrestricted funds
Designated funds
General unrestricted funds
21
393,506
269,526
19
20
45,500
10,797
29,500
29,595
56.297
59.095
449.803
328,621

BROMSGROVE AND REDDITCH NETWORK
BALANCE SHEET (CONTINUED)
AS A T31 MARCH 2024
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The Trustees acknowledge their responsibilities for ensuring Ihat the charity keeps accounting records which
comply wilh section 386 of the Act and for preparing financial statements which give a true and fair view of the slate
of affairs of the company as at the end of the financial year and of its incoming resources and application of
resources, including its income and expendilure, for the financial year in accordance with the requirements of
sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial slatements were approved by the Trustees on 18 December 2024
Andrewi
Treasurer
opkins
Company Registration No. 05814032

BROMSGROVE AND REDDITCH NETWORK
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
18
123,972
77.634
Investing activities
Investment income received
868
267
Net cash generated from investing
activities
868
267
Net cash used in financing activitles
Net increase in cash and cash equivalents
124,840
77,901
Cash and cash equivalents at beginning of year
324,766
246,863
Cash and cash equivalents at end of year
449,606
324,766

BROMSGROVE AND REDDITCH NETWORK
STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting estimates and judgements
In the applicalion of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other Sour￿$. The estimates and associated assumptions are based on historical experience and olher
factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Accounting pollcles
Charity information
Bromsgrove And Redditch Ne￿Ork is a private company limited by guarantee incorporated in England and
Wales. The registered office is Community House, 103 Easemore Road. Reddilch, Worcestershire, B98 8EY.
2.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Praclice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102}. (as effective from 1 January 20191. The charity is a
Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update
BulSetin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the charity- Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cosl convention. The principal accounting
policies adopted are set out below.
2.2 Going concern
At the time of approving the financial statements. the Trustees have a reasonable expectation thal the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific wnditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes lo the financial statements.
2.4 Incoming resources
All incoming resources are included on Ihe Statement of Financial Activities when the charity is legally entitled
to the income and the amount can be quantified with reasonable accuracy.
2.5 Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings thal aggregate all
cost related lo the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activilies on a basis consistent with the use of resources.
-10-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
2.6 Tanglble fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cosl or valuation of assets less their residual values over their
useful lives on the following bases=
Computer equipment
Motor vehicles
3 year straight line
250/c reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale
proceeds and the carrying value of the asset, and is recognised in the statemenl of financial activities.
2.7 Impairment of fixed assets
At each reporting end date. the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
2.8 Cash and cash equivalents
Cash and cash equivalenls include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
2.9 Taxation
The charity is exempl from corporation tsx on its charitable activities.
2.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Charitable activities
2024
2023
Income within charitable aclivilies
599,280
374,186
Analysis by fund
Unrestricted funds
Restricted funds
75.774
523,506
66,993
307.193
599.280
374,186
-11-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investrients
Unrestricted Unrestricted
funds
funds
2024
2023
Other income
868
267
Other material income
During the year, the charity re￿iVed funds of £13,465 from Worcestershire County Council, Worcestershire
County Council's divisional funds and other donors. for running the Community Stories scheme and for the
activities of Bromsgrove Pride. These funds are classed as managed funds by the charity and are held by
Bromsgrove and Redditch Nemork, the balance in the remaining funds account at the year end is £22.192.
In the prior year the charity received funds of £8,580 from Redditch Borough Council and Bromsgrove Dislrict
Council for running Community Clean Up and Social Prescriber schemes, as well as from Bromsgrove Pride
relating to their aclivilies. The balance remaining al year end was £23,824.
Both the income and the corresponding expenditure relating to managed grants has been excluded from the
ststement of financial activities.
Other trading activities
2024
2023
Memberships
2.150
2,135
-12-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charltable activities
2024
2023
Direct costs
Staff costs
Depreciation and impairmenl
Office costs
Insurance
Project cosls
Sundries
318,750
2,478
6.018
2,482
150.512
180
189,133
3,395
7,786
2,174
97.465
214
480,420
300.167
Share of support and governance costs {see note 9)
Governance
696
672
481,116
300.839
Analysis by fund
Unreslricted funds
Restricted funds
81,590
399,526
134.097
166,742
481,116
300.839
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl{crediting)'.
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
696
2,478
672
3,395
Support costs allocated to activities
2024
2023
Governance costs
696
672
Analysed between:
Unrestricted
696
672
Governance costs include £696 of Independent Examiners fees. (2023= £672).
10 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefils from the
charity during the year.
-13-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Independent examiner's remuneration
The analysis of independent examiner's remuneration is as follows..
2024
2023
Independent examination of the charity's annual accounts
696
672
12 Employees
Number of employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Staff
13
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
292.297
17,933
8.520
175.595
8,595
4,943
318,750
189,133
There were no employees whose annual remuneration was £60,000 or more.
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for Gharitable purposes.
-14-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Tangible fixed assets
Computer Motor vehicles
equipment
Total
Cost
At 1 April 2023
Disposals
361
(361)
34,975
35,336
(361)
At 31 March 2024
34,975
34,975
Depreclation and impairment
At 1 April 2023
Depreciation charged in the year
Eliminated in respect of disposals
361
25,062
2,478
25,423
2.478
{361)
(361)
At 31 March 2024
27.540
27,540
Carrying amount
At 31 March 2024
7,435
7,435
At 31 March 2023
9,913
9,913
15 Debtors
2024
2023
Amounts falling due within one year:
Prepayments and accrued income
2,328
2,071
16 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Other creditors
Accruals and deferred income
5,725
3,145
696
4,502
2,973
654
9,566
8,129
17 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
8,520
4,943
The charity contributes to defined contribution pension schemes for all qualifying employees. The assets of
the schemes are held separately from those of the charity in independently administered funds.
-15-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Cash generated from operations
2024
2023
Surplus for the year
121.182
75,749
Adjustments for=
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
(868)
2,478
(267)
3,395
Movements in working capital..
(Increase) in debtors
Increasel(decrease) in creditors
{257)
1,437
(133)
(1,110)
Cash generated from operations
123,972
77,634
-16-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Designated funds
Designated funds are distinct funds which have been set aside from the unreslricled funds by the trustees
for specific purposes, and are not available for general use.
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
Minibus fund
BARN Relocation
29,500
6,000
10,000
35,500
10,000
29.500
16,000
45.500
Previous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
Minibus fund
14.000
15,500
29.500
Minibus Fund funding for the purchase of a minibus to be used within the charity.
BARN Relocation funding for the relocation of charily aclivilies to new premises.
20 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donation and grants which are
not subject to speific conditions by donors and grantors as to how they may be used.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2024
General funds
29.595
62,792
(81,590)
10,797
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2023
General funds
109,797
53,895
(134,097)
29,595
-17-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Restricted funds
The income funds of the charity include reslricled funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes=
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
Redditch Borough Council - Community Builder
Granl
Arts Council England - Reimagine Redditch
WFDC- ApprentI￿ShIp Support
Arts Council England - Reimagine Redditch
Redditch Borough Council Volunteer Centre
Baron Davenport- Community Minibus
Worcestershire County Council - Bus Pass
Discount Scheme
133,276
136,250
97.339
385,771
1,500
12,267
13,020
1,500
(92,4751
(266,655)
(1,500)
(12,267)
(13,020)
(1,500>
138,140
255.366
12,109
(12,109)
269,526
523,506
(399.526)
393,506
Previous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
Bromsgrove Districl Council
Redditch Borough Council - Community Builder
Grant
Arts Council England
Baron Davenport
National Association of Voluntary and
Communily Action
Worcestershire County Council
ASDA Community Foundation
1.945
(1,945)
128,875
99,339
185,000
1,500
(94,938)
(48,750)
(1.500)
133,276
136.250
5.000
14,109
300
{5.000>
(14,109)
(500)
200
129,075
307.193
166,742
269.526
-18-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Restricted funds
{Continued}
Redditch Borough Councll - Community Builder funding to deliver asset based community development.
Arts Council England- Reimagine Redditch funding to support the CPP project relating to Redditch
Reimagined.
WFDC - Apprentlcaship Support fvnding lo support development of an apprenticeship role within the chaTIty-
Bromsgrove District Council - Volunteer Centre funding to support the training programme and Volunteer
Centre function in Bromsgrove.
Redditch Borough Council - Volunteer Centre funding to support the training programme and Volunteer
Centre function in Redditch.
Baron Davenport- Community Minibus funding for the running ofthe BURT community minibus.
Worcestershire County Council - Bus Pass Discount Scheme fundirbg from the bus pass discount scheme
and a project to encourage people back to community transport.
22 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
7.435
48,862
7,435
442,368
393.506
56,297
393,506
449,803
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assels
Current assetsl(liabilities)
9,913
49,182
9,913
318.708
269.526
59.095
269,526
328,621
23 Related party transactions
There were no disclosable related paty transactions during the year (2023 - none).
-19-