REC.ISTF.RED COMPANY NUMBF.R: 073723*1 (En2laNd and Wales)
REGISTERED CHARITY NUMBER: 1142412
Re
rt of th¢ Tru￿tt5 and
Unaudiied Financial Siatetnents for the Year Ended 5 A ril 2024
for
Th¢ Black Coun
S A R Ac¢ounlants
Tower View
Broadway Road
Childswickham
Broad*?y
Wotcestershire
WRI27HD

The Black Coun
Net
Contents of the Financial Statements
roi the Y Ended 5 A
ri12024
Page
Reference and Administrdtive Details
Report of the Trustees
Independent Examiner's Ret
Statement of Financial Activities
Balance She¢t
Notes to th¢ Financial Statements
7 to 11
Detsiled Statetnent of Financial Activities
12 10 13

The Bla
OUT)
Net
Refcrcn¢¢ and Administrdlive Details
for the Year Ended 5 A ri12024
TRUSTEES
Revd P G Chamberlain
T Fellovis
Mrs L J Wildsmith (Communication5 manager up to 31.08.23)
COMPANY SECRETARY
K R Davis
RF,GIsfERED OFFICE
Alpha House
9 Tipion Streei
Sedgley
Wegi Midlands
DY3 IHE
REGISTERF.D COMPANY
NUMBER
07372351 (England and Wales)
REGISTEREDCHARITY
NUMBER
1142412
INDEPENDENT EXAMINER
S A R Accountsuts
Tower View
Broadway Road
Childswickham
Broadway
Worce5tershir¢
WR12 7HD
Page I

The Black Coun
N¢t
ort of the Trustees
for the Year Ended 5 A '] 2024
The tNstees who are also directors of the charitv for ihe purpos¢5 of the Companies Act 21h)6, present their report with
the financial statements of the charity for ihe year ended 5 April 2024. The trnstees have adopted the provisions of
Accouniing and Reporting by Charities= Siaternent of Recolnrnended Practice applicable Lo charities preparing their
accounts in accordance wilh the Financial Reponing Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
ORJECTIVES AND ACTIVITIES
Objeetives and aims
The principle objectives of th¢ company are :_
- tts promote the advancement ofeducaiion of ihe oenernl public in chri￿13n prin¢iples-
- to advance Christian education of whool children and )'owig people;
- to promote such other PUTrthes currently rrfognised as charKtabl¢ and any new chaTitable purpose.
WoTking primartly in th¢ Black Country FM)rough5 of Dudley. Sandwell. Walsall and Wolverhatnpton. promoting chur¢h
partnetships and helping communities by encouraging bu5incss enierprise . fiM)d barths 8J]d the like.
The main activiiies have been facilitaiing the regular gatherings of lead¢rs from both Church, business. public and
charithble sectors ,in¢luding representative5 of vouth and Child￿n,$ works. on a monthly basis. either in the local
boroughs or on a wider basis across the Black Country. These . we are pleased to reporL have spaN￿ed many initiaiives
at every level.
Public benefit
The Trllste¢s confm that they have refe￿ed io the inforniation contalned in the Charity Commrssionerfs General
Guidance on publ5¢ b¢nefii when reviewng the Tn￿1.5 objecti*cs and activities. The Trust¢¢s consider that con5iderdble
public benefit wtll be achieved and many members of the public will benefiL
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We are dclighted io report that Lov¢ Black County has now achieved 30 years of serving the wider church in our area
drawing many churches, individuals and organisations TOGEfHER during that tirne.
The past year has been no exception, in that, regional gathering5 and conferences have occurred across the bon)uJo s,
including L¢adcTS Retreats and targeted conferences
Highliohts would include a very. necessary Mental Health
Awareness Conference in November, aiding and as5isiing around 150 leaders io meet the Challenge of 0￿r age and
culture.
We also saw the Dudley Borough being drawn together io cel¢brWe a remarkable Passion Play , Whil￿ in Walsall , the
regular Easter Ftstival continues to gain ground The relaunch of Kingdom Business N¢Nork, via breakfasts and
conferences , has ¢ontinued ts) flouristy w'hilsi at the same time our con¢entrdtion on the neeth of the Next Generation
remain undiminished .
We look fonvard to contÈnu¢d progress over the forthcomingyear.
FINANCIAL REVIEW
Financi41 position
The toial nei expenditu￿ over income for the year amounts to £13.139 (2023 net expenditure over income £33.099).
Total funds Carried fonvard amount to £66,270 (2023 £79.4091.
The vast Tmajority of the finances required io fund the activiti¢s are raised through regular gÉving and one-off donations
from itidividuals , local churches and businesses, SuppleMen￿d by the refund of incgme from HM Revenue 2nd
Customs through the gift aid scheme. Additionalti, grants are sourced a￿1 received on an ad- hoc basis.
Reserves policy
The policy agrttd by the directors is to aim to hold in unrestricted rescrves not committed or invested in tangsbl¢ fixed
assets { the ' free . reserves) sulTicient to cover the general oi'erhead expenses and salary costs not specifically funded
by external agencies Or able to be covered by other commilled income such as rents for a p¢riiKI of Six rnonths. As of 5th
April 2024, we feel that the free reserves available of £66270 would wn¢et this objective.
Risk policy and review
The dire¢tOTS review risk periodicalty and are ￿]Sfied that major ri5k5 to which the charity És expos¢d, are adequately
mitigated through insurance. straiegic platmin& policie5 and pr(Keth]res.
Page 2

Re
ort of the Trustees
for the Year Ended 5 A ril 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing docurnen( a deed of In￿. and constitutes a limited company, limit¢d by
guardnt¢e, as defjned by the Companies Act 2006.
Re¢ruitrnent and 8PWbllltrneDt of Dew trustees
New directors are apwinied b) Ihe exisiing direciors. A seleciion and re£ruitrnent process takes place when potential
board members are selected after making carefvl enquiry as to thcir suithbility and their support of the objectives of the
st. The ix)ard aims ￿ have a broad range of skills represenied in particular expeni5e iTa Christian doctrine, finÉmte
and Charity law.
The board of directors currenily comprises of 6 members who meet qiTrarterly. Dir¢thor, Linsey Wildsmith. whilst being
on staff. brings an ￿ditiOnal level of expertise to ihe board.
A ¢ore t¢am, ¢onsisting of the board of directors pl￿8 at least 4 othcrs, and a borough representstives team, provide input
and advice into the management of the trust.
Approved by order of the board of tTr￿teeS on 8 October 2024 and signed on its behalf by:
evd P G Chamberlain- Trustee
Page 3

Inde
endent Examinerfs Re
The Black C
lln
Net
rt to the Truslees of
Illdependellt esaminer's report ¢0 tbe trus¢¢es ofThe Bl*ck Country Net {'the Compny,)
I rewrt io the charitv trustees on Tny cxamin*ion of the accounts of the C¢)mpanv for the )ear ended 5 April 2024.
Responsibilities aRd basis of report
As the charity's trustees of the Company (and also its direct(Ks for the pur￿Se$ of company law) you are responsibl¢ for
the preparation of the accounts in accordance with the requirements of the Companie5 Ad 2006 Cthe 2006 A¢i').
Having sat15fied myself that the atcounts of ihe Company are not requtred to be audited under Part 16 of the 2006 Act
and are eligible for indepcndeni examination. l T¢pon in respcci of my exaM[n￿lOn of your charity's accounts as carried
out under Secti(Trn 145 of the Chariiie% Aa 2011 Ilh¢ 2011 Act,). In catry'"ing out my ¢xamination I have followed the
Directions given by the Charity. Cotnmission utJd¢r Section 145(5) (b) of the 2011 Act.
IndepeNdenl examiner's stateMe￿t
I have compleie41 my examination. l ¢onfirtTt that no matters have ¢ome io my attention in o)nnection with the
examinaiion giving me cause to believe=
accounting records were not kept in resm of the Company as requitEd by Section 386 of the 2006 Act. or
the accouTtts do not accord with those records: or
the accounts do noi comply wilh the accounting requimnents of Section 396 of ihe 2006 Act other than any
rcquiretnent that the accoun￿ giv¢ a tNe and fair view which is not a Matter consid¢red as part of an independent
examination. 01
the accounts have noi been prepared in accordance *ith the methods and principles of the Statement of
Recommended Prd¢¢i¢e for accollnting and reporting by chariiies (applicable to eharilies preparing their accounts
in accordance with (he Fina￿la] Retthing Standard appli￿ble in the UK and Republic of Ireland (FRS 102)).
I have no concems and have COTn¢ across no other matters in connection with the examination to which attention should
be draMI) in this report in order to enable a proper understsndtng of the accounts to be reached.
Sally-Ann Reeves FCCA
The Association of Chartered Certified Accountants
S A R Accountants
Tower View
Broadway Road
Childswickham
Broadway
Worcestershire
WR12 7HD
8 October 2024
Page 4

The Black Coun
Net
Siatement of Financial ActivÈli
for the Year Ended 5 A rÈl 2024
5.4.24
Total
funds
5.4.23
Total
funds
Unrestrided
fvnds
Restricted
funds
Note5
INCOME AND ENDOWMENTS FROM
DonatiOll5 and Icgacies
122.195
122.195
94,932
Charitable activities
Networking and ev¢nts
8.472
8,472
2.220
Investtnent income
35
35
Total
130.702
130,702
97.152
EXPENDITURE ON
Charitable activities
NetWOTking and events
Together Festival
65.432
78,409
65,432
78.409
59,468
70,783
Total
143.841
143,841
130.251
NET INCOMFJ(EXPENDITURE)
(13,139)
(13.139)
(33.099)
RECONCILIATION OF FUNDS
Total fvnds brought forward
79.409
79,409
112,508
TOTAL FUNDS CARRIED FORWARD
66,270
66.270
79.409
The notes forn) part of these financi￿ ststements
Page 5

The Black Coun
Net
Ba]ance
5 A ril 2024
5.4.24
Total
funds
5.4.23
Total
fijnds
Unrestricted
fimds
Restricted
funds
Noies
CURRENT ASSETS
Prepayments and accrned income
Cash at bank
2.641
64.129
2,641
64.129
16,230
87,565
66,770
66.770
103,795
CREDITORS
Amounts falling due within one year
(51KI)
(5(K))
{24,386)
NET CURRF.NT ASSETS
66270
66,270
79,409
TOTAL ASSETS LESS CURRENT
LIABILITIES
66,270
66,270
79,409
NET ASSETS
66270
66.270
79.409
FUNDS
Unre5tri¢ted ￿ndS
66,270
79,409
TOTAL FUIYDS
66.270
79.409
The charitable company is entitied to exemption from audii under Settion 477 of the Companie5 Act 2(M)6 for the year
ended 5 April 2024.
The members have not required the cornpany to obthin an audit of its financial statements for the yvdr ended
5 April 2024 in a¢cordance with Secti(trn 476 of the Companies Act 2￿.
The ouMees acknowledge thcir responsibilitie5 for
(a)
ensuring that the charitable company keeps accounting re¢ords comply with Sections 386 and 387 of th¢
Cotnpanies Act 2006 and
preparing fliiancial 5taletnents which give a and fair vi¢w of the slate of affairs of the ¢haritsble company &$
at the end of each financial yvar and of its surplus or deficii for each financial year in accordance ￿th the
requirements of Seciions 394 and 395 and which oiherwise comply with the requirements of the Companies A¢t
2006 rel*ing to financial staternenL% so far as applicable w the ¢harithble company.
(b)
These financial 5tatemenis have been pr4)ared in accordance wilh the provisions applitxble to charitsble companies
subject to th¢ small ¢ompanies regime.
The financial statements were approved by the Board of Tn￿ee5 and authorised for issue on 8 October 2024 and were
$i￿ed on its behalf ty.
P G Chamberlain- Trusiee
The notcs forni part of these fujancial ststernents
Page 6

The Black Coun
Net
Notes to the Financial Staiements
for the Year Ended 5 A
ril 2024
ACCOUNTING POLICIES
Basis of preparing the finaneial 5tst¢ments
The financial ststements of the charitable COTnpany. ￿h[ch is a public benefii entity under FRS 102. have been
prepared in accordance with the Charili¢s SORP IFRS 102) 'Accounting and Reportin(T by Charities.. Slaiement
of Recomtnend¢d Praciice applicable io charilies preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeetive l January 2019),,
Financial Reporting Standard 10? Tr Financial Rcwnin(
Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
Income
All income is recogntsed in the Ststemenl of Financial Activities once the charity entitlement ￿ the funds, it
is probable that the income will be received and the aEnount can be meagured reliably.
Expenditure
Liabilities are r¢cognised as expendiuwe &8 soon as there is a legal or consth]ctive obligation committing the
charity io 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 accounied for on an accruals basis and has
bccn classified under headings all cosi relat¢d to the category. Where costs cannot be directly
attributed to particular headitigs Ilw have allocated to activities on a basis consistent with the use of
resources.
Grants offered 5ubjeci to conditions which have not beeD the year end date are noted a5 a ¢ommim)eni bul
not accrued as exp¢ndiwre.
Taxation
The charity is exempt from corporation lax Ort its charithble activities.
Fund aecountlDg
Unrestricted funds Can be used in acciydance wilh the charitable objectives at the discretion of the trustees.
Restricted funds can only used for particular reslricied purp)s¢s withim the obje£ts of the charity. Restri¢tions
arise wheTt srecified by the donor or when funds are rdised for particular ￿$tricted purposes.
Further explanation of the tMTh]re and purFx)se of each fund is included in the notes to the financial stat¢m¢nts.
Penslott ¢osts and other post-retiremefjt ￿nefIts
The eharitable company opcraies a defined contribution pension scheme. Contributions payable to the Charitable
companys pension %heme are charged to the Statement of Financial Activities in the period to whi¢h they relate.
INVEsfMENT INCOME
5.424
5.4.23
Dep051t account interesi
35
Pag¢ 7
continued...

Th Black Coun
Net
Notes to the Financial Staiemen
for the Year End¢d 5 A
- continu
TRUSTEES. REMUNERATION AND BENEFITS
5.4.24
5.4.23
Trustees, salaries
Trustees, I￿nSIonS paid
9,675
212
22,053
474
9,887
22,527
Trustee5' expeDses
5.4.24
5.4.23
Trustees, exFenses
40
STAFF COSTS
The average monthly number of employees during the year was as follows:
5.424
Administration
5.4.23
No ¢mployees received eEnoluments in exc￿ of £60.￿0.
COMPARATIVES FOR THE STATEMETrrf OF FINANCIAL ACTIVITIES
Unrestricted
fimds
Restricted
funds
Total
nds
INCOME AND ENDOWMENTS FROM
Donations and legacies
94.932
94.932
Charitable activitie5
Nthorking and events
2,220
2,220
Total
97,152
97.152
EXPENDITURF. ON
Charitsbl¢ activitiL
Netw'orking and events
Together F¢stival
59,468
70.78i
59,468
70,783
Total
130,251
130.251
r4ET INCOMEI{EXPENDtruRE)
(33.099)
{33,lJ99)
RECONCILIATEON OF FUNDS
Tothl funds brought foThvard
112,508
112,508
TOTAL FUNDS CARRIF.D FORWARD
79,409
79,409
Page 8
continued...

. The Black Count Net
Notes lo the Financial Staiements- continued
for th¢ Year Ended 5 A ri12024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24
5.4.23
Accruals and def¢rred incoTne
500
24.386
MOVEMENT IN FUNDS
Net
Tnovernent
in fiujds
Trdnsfet5
between
fimds
At
5.4.24
At 6.4.23
Unrestricted fuods
General fund
Nexi GenerdtTOIJ
Togeth¢r Festival
Love Wolverhampton
Love Dudley
ve Sandwell
Love Walsall
Chapel premises
Gender ConfLYence
Ment21 Hvalth
Rerreats
13,897
21210
(2,564)
80
5,100
15,063
20.855
4,0?7
(9,813)
3.095
(885)
(40)
212
857
(3.973)
(2,160)
(6(Ml)
3,484
24,305
4,176
40
4.312
13,920
12,857
1.867
991
218
100
7.6?5
{i.000)
(2,000)
{4.025)
750
{532)
79.409
(13,139)
66,270
TOTAL FUNDS
79,409
(li,139}
66270
Net movement in fund& included in the above ar¢ as follows:
Incoming
resources
Resource5
expended
Movement
in fund5
Unrestricted fund5
General fi]nd
Next Generdtion
Together Festival
Love Wolverhampton
Love Dudley
Love Sandwell
Love Walsall
Chapel premist3
Mental Health
Retreats
39.085
3.095
73,466
(48,898)
19.813)
3,095
(885)
(40)
212
857
(3,973)
(2.160)
(532)
100
{74,351)
(40}
(1.522)
(283}
(8.973)
(2.160)
(2,0791
(5.535)
1,734
1.140
1.547
5.6)5
130.702
(143,841)
(13.139)
TOTAL FUNDS
130,702
(143.841)
(13.139)
Page 9
continued...

The Black Count N¢t
Notes io th
ancial Statements- continued
for the Year Ended 5 A ril 2024
MOVEMENT IN FUNDS-continued
CompArative5 for movement In I￿ndS
Net
movement
in funds
Transfers
At
5.4.23
At 6.4.22
funds
Unre5tricled funds
General ￿nd
Next Cjeneration
Together Fesiival
Love Wolverhampton
Love Dudley
Love Sandwell
Love Walsall
Chapel premise5
Gender Conference
Mentsl Health
25.102
I9.￿5
24288
40
4,362
14,915
18,878
4,027
(9,336)
1.305
(30.556)
(60)
673
1,148
2,977
(1.869)
13,897
21,210
(2.564)
80
5.100
15,063
20.855
4,027
991
750
3.704
100
65
(1,000)
(1.000)
750
112.508
(33,099)
79,409
TOTAL FUNDS
112,508
(33,099)
79,409
Comparative net movement in funds, included in the above as follows:
Ineoming
resources
Resou￿¢5
¢xpended
Movem¢nt
in ￿ndS
Unrestricted funds
General fund
Next Generarion
Togeiher Festival
Love Wolverhampton
Love Dudley
Love Sandwell
Love Walsall
Mental Health
44,840
1,405
40.227
(54.176)
(1001
(70.783)
(60)
(8171
(292)
(4.02))
(9,3361
1,305
(30,556)
{60)
673
1,148
2,977
750
1.490
1.440
7,000
750
97.152
(130.251)
{33,099)
TOTAL FUNDS
97.152
{130.251J
(33,099)
Page 10
continued...

- The Black Cou
Net
Notes to the Financial Siatements- continued
for the Year Ended 5 A ri12024
RELATED PARTY DISCLOSURES
Ther¢ were no related party transactions for th¢ yrar ended 5 April 2024.
Pagell

The Black Co
Nei
Detailed Statement of Trin
ncial Activities
f r the Year Ended 5 A ril 2
24
5.424
5.4.23
INCOME AND ENtK>WMENTS
Donations and legacie5
Donations
Gift aid
114,574
7.621
87,137
7,795
122.195
94.932
lrtvestment ineorne
Deposit account interest
35
Charitable aetivities
Breakfas¢ meeting5
Retreats
Other receipts
780
1,440
5,442
3.030
8.472
2220
Totsl incoming resources
130,702
97,152
EXPENDITURE
Chgritable activities
Trustees, salari¢s
Trustees, pension5 paid
Trustees, expeDS¢S
IT Support
Insuran¢e
. Adv¢rtising & marketing
Events
Retreats
Self Employed WorkeT5
Equipment
Consultancy fees
Next Gen¢ration Champions
Breakfast meeting costs
Gifts incl. VLSlting speakers
9.675
212
22.053
474
40
1,402
1,086
692
72,488
1,098
884
1,080
1,087
1.241
79.582
4,630
7,207
2.160
24.000
4,855
20.000
3.503
134
1,824
3,555
139284
125,678
Support Costs
Management
MembeTship and subs¢ripiions
1,294
791
Finance
Bank charges
365
400
Informatioll tethnology
Software and web hosiing
559
24
This page does not foTm part of the statutory financia] Statements
Page 12

TheBI kcou
Net
Detsiled Staiemcnt of Financial Activities
for
e Year Ended 5 A ri12024
5.4.24
5.4.23
Information technology
Governance costs
Accountancy and l¢gal fees
2,339
3,358
Total resources expended
143,841
130,251
Net expenditure
(13,1391
(33.099)
This pag¢ does not forni part of the starutory financial ststements
Page 13