Charity reglstrallon 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 2025

BROMSGROVE AND REDDITCH NETWORK
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs K Jones
Mr J Cochrane
Mrs Y Rèndell
Mrs F Mitchell
Mr A Hopkins
Ms C Carmen
(Appointed 5 September 2025)
Secretary
Mr G P Roskell
Chari(y number
1122980
Company number
05814032
Registered offlce
CIO Redi Centre
54 South Street
Reddllch
Worcostershire
898 7DQ
Independent examlner
Colm McGrory FCA
Bankers
Unity Trust Bank plc
Four Brindlcy Place
Birmingham
B12JB

BROMSGROVE AND REDDITCH NETWORK
CONTENTS
Page
Chairfs Report
Trustees, report
Independent examin8r's report
Statement ol financial activities
Balance sheet
Slalement of cash flows
Notes to the financial slatemenls
10-18

BROMSGROVE AND REDDITCH NETWORK
CHAIR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
2024-2025 has been another successful year of operation for BARN. albeit one somewhat dominaled by thè search
for new premises. Bolh the Communily Workers Lunch. held in partnership with the Community Workers Network
and Redditch District Collaborative, and tho Bromsgrove Community Workers Group meeting, have continued
running successfully. This gives frontline workers in both towns an opportunity lo come togolher and share
experiences. Nolwork and board meetings continue using a hybrid model. Our training programm8 has continued
ovor the year and been very successful. Most sessions have been bought in. but we developed and delivered three
sessions in-house social media. fundraising and bid writing.
Because of prob18ms with the Do-lt websito (national volunteering wèbsilel, il was necossary to bring the Volunteer
website service in house and for BARN staff to build a new section of the website and transfer over existing
opportunities manually. 11 was also necessary to export all volunteer records. The new websila has proved popular
with the public. A n8w monthly Volunteer C&nlre newsletter has also been launched, promoting the new
opportunities whiGh have corne up.
The BURT (Bromsgrove Urban and Rural Transport) service is now operating 5 days a week and customer
numbers are back to pre-pandemic18vels, BARN has formed a consortium with Bluwave and Reddilch Dial a Ride
lo deliver a combined offer across Bromsgrove and Reddilch, 8ARN continues lo deliver the A8CD (Asset Based
Community Development) inilialivo in Redditch, where communities, strengths are built on, rather than being
defined by Ih8ir deficits. We now employ only one community builder post, providing some support for Abbeydale
and Woodrow and mlnority communities.
BARN is also the fundholder for the Reimagin8 Redditch Creative People and Pla¢es project, which started in
April 22 and goes on until March 2026. The workload remains significanl, bul manageable. BARN is now regisleied
for Gift Aid, where tax can be reclaimed on some donations frorn th8 public. In March 2026, Severn Arts will tske
over as fundholder for Reimagine Redditch.
The tssk of finding new premises has taken up a1ot of lime ov&r the year. There are now two main contenders
Market Walk Iby the Canopies) and Sl Stephen's Court. Both have different problems lo sort out and tcmporary
options for moving out of Communily House are being consldered.
The financial position of Ihe charity Is more secure for th8 next few years, because of the large Pfojecls described
above. Fundraising efforts are continuing though lo ensure that we stay in a good posilion. We 8re grateful to a
range of organisalions, companies and foundations that have provided funding over tho years. W8 continue lo work
closely with Reddilch BC and Bromsgrove DC and their support and funding for parts of our work continues lo be
welcome.
I would lik8 to thank all our membeTs, volunteers, trustees and staff foi thoir support, hard work and commitment
over the last 12 months. This year we have said goodbye lo our vice-chair, Ben Costello and special thanks go to
him for his hard work over the years. As part of our governanc8 arrangements, we regularly review the skills base of
our trustees lo ensure effective experience and knowledge exists within our trustee body and those skills have been
oxlremely valuable lo help us through tho year. We maintsin an up lo dale risk management register and réview our
linancial position at each meoting. As Trustees leave the organisation from lime to lime. we do welcome anyone
suitable wishing lo join tho Board.
In Conclusion, we look foward to how BARN can continue its role in supporting volunteers. voluntary organisations
and communilios in 2025126.
Yvonne Rendell CITP MBCS
Chair

BROMSGROVE AND REDDITCH NETWORK
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts
and comply with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Slalemenl of Recommended Practice appil￿ble lo charities preparing their a￿ountS
in acGordanco with the Financial Reporting Standard applicabl& in the UK and Republic of Ireland (FRS 1021" (as
eNeclive from 1 January 20191.
Objectives and actlvities
To promote any charitable purposes for tho benefit of the communities in the areas of Bromsgrove and Redditch
local authority areas, in particular the advancement of education. protection of health, relief of poverty, distress
and sickness.
Signiflcant Activities
Biomsgrove and Reddilch Network (BARN) is a nehvork supporting volunteers, voluntary organisations and
communities across Bromsgrove and Redditch, BARN is tho local Council for Voluntary Service. We run th8
Volunteer Centre for Bromsgrove and Redditch and a range of local community projects. We represent the local
volunlary sector, support local communitios, and help with networking, information, funding and volunteering.
Whare wo see a gap in provision we try lo help through delivery or partnerships. BARN has been supporting
local communitlgs for over 25 years.
Ne￿Ork su
orta
livi118S
BARN has a broad range of Bromsgrove. Reddilch and countywide groups as members, more than 90 across
the area. Ne￿OrK meetings hav8 remained a popular way to support the sector by providing an opportunity for
VCS colleagues lo meet each other and share information. We continue using a hybild model, allowing for both
face lo faco and virtual participation. Introduced during the pandemic, this allows organisalions that struggle to
gel to moelings to participate fully. BARN continues lo run the Community Workers, Lunch In Reddilch, a
partnership with the Community WoTkcrs' Network which provides an opportunily foi fronlline workers lo meet
and talk. BARN also runs Community Workors 8romsgrove, which continues to grow in popularily.
The Fundlng New61etter continues to b8 extremely helpful lo our members, and we provide a funding portal that
is free for all local VCS. We w8re once again successful with funding applications that allowed us to offer a
comprehensive range of training, tailored to the ne8ds of voluntary and community groups across th8 area. We
work in partnership with Bromsgrove and Reddilch Councils to maintain the Knowlodge Bank. a public directory
of local VCS and statutory seNicos. Wilh Local Governrnonl reform directly impacting all the local councils.
BARN ha5 been key to ensuring the local VCS h8$ a voice in the debate.
During the year BARN continued to work closely with other Councils for Volunlary se￿iCe and Volunteer Cenlres
across Worcestershir& to strengthen Ihe voice of the grassroots VCS through Worcestershire Community Action
Netwoik IWeCAN} and share best practice. As Reddilch is a non- conslituenl authority in the Wesl Midlands
Combined Authority we also talk lo other CVSS in the region rapresonling Ihe local voluntary sector lo the
Aulhorily. We are also a key member of the new WOr￿StershirQ VCSE Alliance, 8 countywide network with
health and wellbeing focus.
Volunlear Centre
We are the only accredited Volunteer Centre in Worcestershire, and were one of Ihe first in the country to
achieve the new standard. We continue to promote volunteering and help match volunteers with appropriate
opportunities, and regularly attend community events lo promote our work. Our Volunloer Managers, Forum
offers a Chance for volunteer managers to come togglher lo share their experience and best practice.
We continued to develop projects lo build on the experience of the Volunteer Centre. Our Skills for Work
volunteering programme helps residents across Bromsgrove and Reddilch use volunteering as a stepping stone
into employment. boosting confidence. gaining experieno. and learning new skills. We work closely with tho Job
Cenlres in both areas to help their clients use volunteering to improve their employability. Our
Live.Grow.Succeed. project is designed lo encourage mora young people to volunleor, and its dedicated
wébsite livcgfowsucceed org hosts young people's voluntéering storios.

BROMSGROVE AND REDDITCH NETWORK
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Communi
Activities
BURT (Bromsgrove Urban and Rur21 Trar)sport} is a community transport minibus in 8romsgrove for those who
can't gel about on their own. Numbers continued lo grow after the pandemic. with numbers approaching pre-
COVID levels. The seNice remains popular, and a vital lifeline lo our passengers.
BARN continued to deliver Asset Based Communlly Development in Redditch. The project employs
community builders lo support people to initiate and lake ownership of aGtivilies in their communities. focused
around the neighbourhoods of Abbeydale and Woodrow, and also supporting minority eommunilies. The results
of this programme are often unexpected, but hugely rewarding as the community takes control of ils own
projects.
Reimagine Reddltch. a four yearArts Council England funded project in Redditch, began in April 2022. BARN is
the fund holder for the project until March 2C126. We employ the slaff team, working closely with other members
of the Consortium that run tha project. In Bromsgrove we still host resources developed as part of the Support
Bromsgrove partnership that came together as a result of COVID, and we offer a signposting and referral
service for peoplé in Bromsgrove and Reddilch struggling because of cost of living pressures or other reasons.
BARN also runs a number of grant schemes on behalf of fund8rs, and from lime lo lime holds money on behalf
of VCS organisatSons that have no suitab18 account
This year was our last al Community House, our home for thirteèn years. Prevlously a lively community hall and
building, Reddilch Borough Council is selling th8 sile which meant BARN. liko thè other charities and community
groups based there, had lo sa8rch for a new home. In April 2025 we relocated to our temporary home al The
REDI Cenlre. befo￿ a more perman8nl move later In the year. We're proud ID say that. despite this, we
malnlained all our services without interrupllon.
The continued support from our dedicated partners and funders, including R8ddilGh Borough Council,
Bromsgrove District Council, and our local stral¢glc partnerships, continuèd lo be indispensable. 8ARN's core
purposes remain advocating for and strengthening the voluntary and community sector across Bromsgrove and
Reddilch, and 5etving ils communities. The successes of the past year, even amidst the signilicanl challenge of
relocaling from Community House, are a lestam8nl to the hard work and dedication of our mcrnbers, trusle8S,
staff, and volunteers. We remain proud supporters of the essential difference our communities and VCS
organisalions make every day across Bromsgrove and Reddilch.
Public benefit
In setting the objectives, th8 trustees have given careful considoration lo Ihe Charity Commission's general
guidance on public benefit and in particular to ils suppl8menlary public benefit guidance on advancing education.
Achiovements and performance
Financial rovlew
During the year the charity made a nel doficil of £148,45312024 - net surplus of £121,182).
Al the year end the charity had net assets of £303,35012024 nel assets of £449,803)
Reserves policy
The trustees consider that unrestricted reserves be held al a level approximately equal to between 1 and 3
months expenditure in order to be able to cover day lo day running costs in the unlikely event that future
incoming resources ar8 either delayed or unduly cease.
Structure. governance and management
Governing document
The charity is conlrolled by its governing documellt, ils Memorandum and Articles of Association, and consts'tutes
a private 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 2025
The Trust8es, who are also the directors for the purpose of company law, and who served during the year and up
to the dale of signature of the financial statemènts wer6..
Mrs K Jones
MrJ Cochrane
Ms J Morris
Mrs Y Rendell
Mrs F Milch611
Dr B Coslello
Mr A Hopkins
Ms C Carmen
(Retired 30 May 2025)
(Retir8d 19 February20251
(Appointed 5 September 2025)
Recrultmont and appointment of new trustees
Trusta8s can co-opt new Iruslees, members musl vote to confirm the appointment of the new trustee al the AGM.
Rlsk management
The trustees havè a duly to identify and reviow the risks to which the charity is exposed and to &nsure
appropriate controls are in place to provido reasonable assurance against fraud and error,
Statement of Trustees. responslblllties
The Trustees, who are also the diroclors of Bromsgrove And Reddilch Ne￿ork for the purpose of company law,
are responsible lor p￿paring the Trustees, Report and the financial slalemenls in accoidance with applicable law
and United Kingdom Accounling Standards IUni18d Kingdom Generally Accepted Accounting Practice).
Company Law requires the Truslees lo prepare financial slalements for each financial y88r which give a true and
fair view of the slate of affairs of the charity and of the incoming resources and application of resources, including
the incorne and expenditure, of the charitable company for that year.
In preparing these financial slalemenls. the Trustees are required to..
select suitable accounting policies and then apply them consistently:
observe th8 methods and principles in th8 Charities SORP,,
make ludgemonls and estimales that are reasonable and prudent,
slate whether applicable UK Accounling Stsndafds hav8 been followed. subject lo any material departures
disclosed and explained in tho financial slalements., and
prepare the financial statements on th8 going concern basis unless il is inappropriate to presume that the
charity will continue in opor81ion.
The Trustees are responsible for keeping adequate accDunling records Ihal disc105e with reasonable accuracy al
any time the financial position of the charity and enable them to 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,
The Trustees, report was approved by the Board of Trustees.
Yvonne Rendell CITP MBCS
Chair

BROMSGROVE AND REDDITCH NETWORK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BROMSGROVE AND REDDITCH NETWORK
I report lo the Trustees on my axaminalion of the financial statements of Brom6grove And Redditch Network
Ilhe charity> for the year 8nded 31 March 2025.
Responsibillties and basis of report
As the Trustees of the charity land a150 Ils directors for the purposes of company18wI, you are responsible for
the preparalion c)f the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied mysell that the financial statements of the charity are not required lo be auditèd under Part 16
of the Companies Act 2006 and are eligible for independent examination, I report in respoct of my examination
ol the charity's financial statements carried out undor section 145 of the Charities Act 2011. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5llb) of the
Charities Act 2011.
Independent examiner's statement
Since the charity's gross incomé exceeded £250,000, the independent examiner musl bé 2 member of a body
listed in s8clion 145 of the Charities Act 2011. 1 confirm that l am qualified lo undartake the examination
because l am a memb8r of th8 ICAEW whl¢h is on8 of the lisled bodies.
I have completed my examination. I confirm that no matters have come lo my allenlion in Connection with the
examin81ion giving me Cause lo believe that in any material re5pecl'.
accounling records wer8 not kept in respect of the charity as required by section 386 of the Companies
Act 2006.
the financial statements do not accord with those records., or
the finan¢lal stalem8nls do not comply with the accounting requiremonts of section 396 of the Companies
Act 2006 other than any requirement that the financial statements givé 8 tru8 and fair view, which is not a
maller considered as part of an indepondent examination., Of
the financial statements have not been prepared in accordance with the mothods and principles ol the
Slaloment cf Recommended Practice for accounting and reporting by charities applicable to charities
preparing their financial stalornenls in accordance with th8 Financial Reporting Standard appllc8ble in the
UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other mallers in conneclion with th8 examinatlon lo which
allenlion should ba drawn in thls report in order lo enable a proper understanding of the financial statements to
be reached.
Colm McGrory FCA
Ormerod Rulter Limlled
The Oakley
Kidderminstor Road
Droitwich
Woicestershire
WR9 9AY

BROMSGROVE AND REDDITCH NETWORK
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unrgstrlcted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from:
Charitable activities
Other trading aclivitSes
Investments
103,567
2,348
1,069
418,687
522,254
2,348
1,069
75,774
2,150
868
523,506
599,280
2,150
868
Total income
106,984
418,687
525,671
78,792
523,506
602,298
enditure on..
Charilablo activities
89,422
582.702
672,124
81,590
399.526
481,116
Net incomel(expenditurel for
the yearl
Net movement In funds
17,562
(164,015} {146,4531
12,7981
123,980
121,182
Fund balances at 1 April 2024
56,297
393,506
449,803
59,095
269,526
328,621
Fund balances at 31 March
2025
73,859
229,491
303,350
58,297
393,506
449,803
The st81ement of financial activities includes all gains and losses recognised in the year,
All income and expenditure derive from continuing aclivilies.
The statement of financial activities also complies with the requirements for an income and 8xpenditure account
under the Companies Act 2006.

BROMSGROVE AND REDDITCH NETWORK
BALANCE SHEET
ASAT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
13
5.576
7,435
14
2,370
303,919
2.328
449,606
306,289
451.934
Creditors: amounts falling due within
one year
15
(8,5151
{9.5661
Nel current assets
297,774
442,368
Total a88et8 less current Ilabllltles
303,350
449,803
Incomo funds
Reslricled funds
Unreslricled fun
Designatcd funds
General unr8stricled funds
20
229,491
393.506
18
20
51,500
22,359
45,500
10.797
73,859
56,297
303,350
449,803

BROMSGROVE AND REDDITCH NETWORK
BALANCE SHEET (CONTINUED)
ASA T31 MARCH 2025
The company is entitled to Ihe 8xemption from the audit requirement contained in section 477 of the Companies Act
2006, for th8 year ended 31 March 2025.
The Trustees acknowledge th8ir responsibilities for ensuring that thé charity keeps accounting records which
comply with section 386 of the Act and for preparing financial slalom8nts which give a tru8 and fair view of the slate
of affairs of Ihe company as at the end ol the financial year and of ils incoming resources and applic8ts.on of
resources, including ils income and expenditure, for the financial year in accordance with tha requiremonts of
sections 394 and 395 and which olhemise Comply with the raquiremenls of th& Companies Act 2006 relating lo
financi81 stalem8nls, so far as applicable lo Ihe company.
The members have nal raquired the company to obtain an audit of its financial statements for the year in question
in accordan￿ with s8Ction 476.
Th8sg financial statements have been prepared in accordanc8 with Ihe provisions appllcable lo companies subject
to the small companies regime.
The financial slalemenls were approved by the Trustees on
Andre
Hopkins
Treasurer
Company Regi5trallon No. 05814032

BROMSGROVE AND REDDITCH NETWORK
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng activities
Cash (absorbed by}Igenerated from
operations
17
(146,756)
123,972
Inve81ing actlvities
Investment income received
1,069
868
Net cash generatod from investing
activitles
1,069
868
Net cash usod In financing actlvltles
Net (dècrease)lincroase in cash and cash
equivalenls
(145,6871
124,840
Cash and cash equivalents at beginning of year
449,606
324,766
Cash and cash equivalents at end of year
303,919
449,606

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charlty Information
Bromsgrove And Reddilch Network is a private company limited by guarantee incorporated in England and
Wales. The registered office is CIO Redi Centre, 54 South Street, Reddilch, Worcestershire. B98 7DQ.
1.1 Accounting convention
The financial statements hava baen prepared in accordance with the charity's governing document, the
Companies Act 2006 and -Accounling and Reporting by Charities: Statement of Recomm8nded Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 {as effeclive from 1 January 20191. Th8 charity is a
Public Banafit Entity as defined by FRS 102.
The charity ha5 taken advantage of the provlsions In the SORP for Charities applying FRS 102 Update
8ulletin 1 not to prepare a Slal8ment of Cash Flows.
Th8 financial statements are prepared in sterling, which is the fun¢tlonal currency of the charity. Monetary
amounls in these linancial statements are rounded to the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are s81 out b810w.
1.2 Going concern
At the time of approving th8 financial slalemenls, the Trustees have a reasonable expeclalion that the charity
has adequat8 resources lo continue in operational 6xlslence for the foreseeable fuluro. Thus the Trustees
conlinuc lo adopt the going concern basis of accounting in pr6paring the financial slalements.
1.3 Charitable funds
Unrestricted funds are available for use al the discrelion of the Trusleès in furtherance of their charitab18
objectives,
Reslricled funds are subject lo specific conditions by donors or grantors 8S to how they may b8 used. Th8
purposes and uses of the restricted funds 8r8 881 out in the notes to the financial statements.
1.4 Incomlng resources
All incoming resources are included on the Statemenl of Financial Activities when the charity is legally enlilled
lo the income and the amount can be quanlified with reasonable ac¢uracy.
1.5 Resources expended
Expendilure 13 accounted for on an accruals basis and has been classified under headings that aggregate all
cost related to the category. Whar8 Costs cannot bè directly allribuled lo particular headings they have been
allocat8d lo activities on a basis consistent with the use of resources.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of
depreciation and any impairment losses.
Depreciation is recognised so as lo wiile off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Motor vehicles
25 /0 reducing balan
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceéds and thè carrying value of Ihe asset, and is recognised in the statement of financial activities.
10-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng poli¢les
(Continued)
1.7 Impairment of fixed assets
Al each reporting and date, Ihe charity reviews the carrying amounts of its tangible assets to determine
wheth8r there is any indication that those assets have suflered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo determine the exlenl of Ihe impairment
loss {if any),
1.8 Cash and cash equlvalents
Cash and cash aquivalenls include cash in hand, daposits held al call with banks, other short-lerm liquid
invéstments with original malurilies of three monlhs or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabililies.
1.9 Taxation
Thè charity Is exempt from corporation tax on its charitable activities.
1.10 Retlrement beneflts
Payments to defin8d contribution retirement b&nefit schemes are charged as an expense as they fall due.
Critical accountlng estimates and judgements
In the application of the charity's accounting policies, the Trustees are required lo mak8 judgements,
estimal8s and assumptl¢ns about th6 carrying amount of assets and liabililies Ihal ar8 not readily apparent
from olhcr SoUr￿s. The eslimales and associated assumptions are bas8d on historical experience and other
factors that are considered lo be relevant. Actual results may differ fiom these oslimales.
The estimates and underlylng assumptions are reviewod on an ongoing basis, Revisions lo accounllng
8Stimalos are recognised in the period in which the estimate is revised where the rovision affects only that
period, or in the period of th8 r8vision and lulure periods where th8 r8vision affects both current and futur8
periods.
Charltable activities
2025
2024
Income within charitable activities
522,254
599,280
Analysis by fund
Unreslriclod funds
Reslricled funds
103,567
418,687
75,774
523,506
522.254
599,280
Other trading activitles
2025
2024
Memberships
2,348
2,150
11

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from investments
Unrestrlcted Unre8trl¢ted
funds
funds
202S
2024
Other income
1,069
868
Other material Income
During the year, th& charity received funds of £1,691 on behalf of RCNT, £1,51)O from ModiSeNices Health on
behalf of Headway and £300 from the Montal Plealth Action Group foi Woodrow Community Corner. These
funds are classed as managed funds by the charity and are held by Bromsgrove and Reddilch Neiwork, the
balanc8 in the remaining funds account al the year end Ss £22,857.
In the prior year the charity received lunds of £13,465 from Worcestershire County CounGil, Worcestershire
County Council's divisional funds and other donors, for running the Community Stories Schema and for the
activities of Bromsgrove Pride. The balance in the funds account at tha year end was £22,192.
Both the income and the corresponding expenditurè relating to managed grants has been excluded from the
statement of financial aclivilies.
Expendlture on Charitable actlvlties
2025
2024
Direct costs
Staff costs
Depreciation and impairment
offi￿ costs
Insurance
Project costs
Sundries
325,059
1,859
8,458
2,051
333,026
197
318,750
2.478
6,018
2,482
150,512
180
670,648
480,420
Share of support and governance Costs (see note 81
Support
Govern8nce
720
756
696
672,124
481.116
Analysis by fund
Unreslricled funds
Restricted funds
89,422
582.702
81,590
399,526
672,124
481,116
12

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to activities
2025
2024
Support
Governanc8 costs
720
756
696
1.476
696
Analysed between:
Unrestricted
1.476
696
Governance costs include £756 of Independent Examin8rs fees. {2024.' £696).
Net movement in funds
2025
2024
The nel movement in funds is sla18d 8fter chargingllcrediting)..
Fees payab18 for the independent examlnalion of the charity's finanaal
statements
Depre¢ialion of owned tangible fixed 8SS81s
756
1,859
696
2,478
10 Trustees
Non8 of the Trust88s (or any persons connected with them) received any remuneration or benefits from the
Charity during the year.
11 Taxation
The charity is exempl from lax8lion on ils activities bgcause all ils in¢ome is applied for charitable purposes.
13

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Employees
Number of employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Staff
12
13
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
295,794
21,067
8,198
292,297
17,933
8,520
325,059
318,750
Ther8 wer8 no gmployees whose annual remuneration was £60.000 or more.
13 Tangible fixed assets
Motor vehicl&$
Cost
At 1 April 2024
34,975
At 31 Mar¢h 2025
34,975
Depreciation and Impalrment
At 1 April 2024
Oepreci8tion charged in the year
27,540
1.859
At 31 March 2025
29,399
Carrying amount
Al 31 March 2025
5,576
At 31 March 2024
7,435
14 Debtors
2025
2024
Amounts falling due withln one year-
Prepayments and accrued income
2,370
2.328
14-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Creditors: amounts falllng due within one year
2025
2024
Other taxation and social security
other creditors
Accruals and deferred income
4.768
3,003
744
5,725
3,145
696
8,515
9,566
16 Retlrement benaflt schemes
2025
2024
Defined contribution schemes
Charge to profil or loss in r8SP8ft of defined ¢onlribulion schemes
8,198
8,520
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 independ8nlly adrninislered funds,
17 Cash (absorbed by)Igenerated from operation5
2025
2024
{Deficil115urplus for the year
(146,4531
121,182
Adjustmènts for:
Investment income recognised in slalement of financial activities
08precialion and Impairment of tangible fix8d assets
(1,0691
1,859
18681
2,478
Movement9 in working ¢apltal:
(Increase) in debtors
IDe¢reaseyincrease in creditors
(421
(1.051)
12571
1,437
Cash (absorbed byllgenerated from operations
1146,7561
123,972
15-

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Designated funds
Designated funds are dislincl funds which have been sel aside from the unraslricled funds by the Iruslees for
specific purposes. and are not available for general use.
At 1 April
2024
Incomlng
resources
Resources Al 31 March
expendod
2025
Minibus fund
BARN Relocation
35,500
10,000
6,000
41,500
10.000
45,500
6,000
51,500
Previous year:
At 1 April
2023
Incoming Resourcos At 31 March
resou rces
expended
2024
Minibus fund
BARN Relocation
29,500
6,000
10,000
35,500
10,000
29,500
16,000
45.500
Mlnibus Fund funding for the purchase ol a minibus lo be used within the charity.
BARN Rolocation funding for the relo¢alion of Charity aclivi118s lo n8w premis88.
20 Unrestrlcted funds
The unreslricled funds of the charity comprise the unexpended balances of donation and grants which are not
subject lo speilic conditions by donors and 9ranlors as lo how they may be used.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers
Gains and Al 31 March
losses
2025
General funds
10.797
100.984
189,4221
22,359
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2024
General funds
29,595
62,792
181 ,5901
10,797
16

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Restricted funds
The income funds of th& charity include reslricled fun¢Js comprising the following unexpended balances of
donations and gran15 held on trust for specific purposes..
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2025
Reddilch Borough Council Community Builder
Grant
Arts CounGil England - Reimagine Redditch
Redditch Borough Council Training and
Infrastructure
Bromsgrove District Council Training anrs
Infraslru¢ture
138.140
255,366
73,004
298,571
157,5151
1478,0751
153,629
75,862
26,565
126.5651
20,547
120.5471
393.506
418,687
1582,7021
229,491
Previous year..
At 1 Aprll
2023
Incoming
resources
Resources At 31 March
expended
2024
Reddilch Borough Council - Community Builder
Grant
Arls Council England - Reimagine Reddilch
WFDC- Apprenticeship Support
Arts Council England - Reimagine Redditch
Reddit¢h Borough Council - Volunteer Centre
8aron Dav&nport - 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
192,4751
1266.6551
11,5001
112.2671
113.0201
11,5001
138,140
255,366
12.109
112,1091
269,526
523,506
{399,526)
393,506
17

BROMSGROVE AND REDDITCH NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Restricted funds
(Continued)
Redditch Borough Council - Community Builder funding lo deliver as5el based community development.
Arts Council England Reimagino Rodditch funding lo support the CPP project relating lo Reddilch
Reimagined.
Redditch Borough Council Training and Infrastructure Support funding to support Ihe delivery of
training and general maintenance of charity infraslruclure.
Bromsgrove Dlstriet Council Training and Infraslructure Support funding lo support the delivery of
training and genaral maintenance ol charity infraslruclure.
Worcestershire County Councll . NIA
WFDC Apprenticeship Support funding lo support development of an apprenticeship role within the ¢harily.
Redditch Borough Counc51 Volunteer Centre funding to support the training programme and Volunteer
Centre function in Rèddilch.
Baron Davenport- Comrnunity Minibus funding for the running ol the 8URT community minibus.
Worcestershire County Council - Bus Pass Dlscount Scheme funding Irom the bus pass discount scheme
and a project lo encDurage people back lo community transport.
21 Analysis of net assets between fund$
Unrestrictcd
funds
2025
Restricted
funds
2025
Total
2025
At 31 March 2025:
rangible assets
Current assetsllliabililiesl
5,576
68,283
5.576
297,774
229,491
73,859
229,491
303.350
Unrestricted
funds
2024
Restricled
funds
2024
Total
2024
At 31 March 2024..
Tangible assets
Current asselsllliabililiesl
7,435
48,862
7,435
442,368
393,506
56.297
393,506
449,803
22 Related party transactions
There were no disclosable related party transactions during the year12024 none).
18