C￿mPANIEs HCKISE COPY
Company Number: 0837970
Registered Charity number: 241258
Worcestershire Building Preservation Trust
(Formerly The Worcestershire Buildin9 Preservation Trust)
Report of the Trustees and
Financial Statements
Year ended 31 March 2025
Muras Baker Jones Limited
Chartered Accountant5
Regent House
Bath Avenue
Wolverhampton
West Midlands
WVI 4EG
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•AEHM3XQL*
17112r2025
COMPANIES PIOUSE

Worcestershire Bulldln9 Preservation Tnlst
(Formerly The Worcestershire Building Preservation Trust)
Contents of the financial statements for the year ended 31 March 2025
Page
Offficer5. professional advisers and administrative information
Report of the Trustees
Independent Auditors Report
Statement of financial artivities
io
Statement of finanoal position
statemenl of Cash flows
12
13
Notes to the financial statements
14

Worcestershlre Bulldlng Preservation Trust
(Formerly The Worcestershire Buildin9 Preser¥atlon Tvust)
Officersi professional advisers and administrative information
Charity Registration number:
241258
Company Registration number:
0837970
Reglstered Offlce:
WBPT
8 Pendeford Place
Pendeford Business Park
Wolverhampton
WV9 5HD
Trustees:
H Andrews
P Andrews
N Hogben
P Arnold
Ms J Pilkington
S Mason
R Greenhill
P Adams
Ms S Whitehouse
Ms K And￿W
A C Foster
E G Barron
N Crombie
I Wilson
R A Seller5
I D Tompkins
L T Hobbs
S E Reader
F Keith-Lucas
(resigned 21 May 2025)
(resigned 21 May 2025)
(resigned 21 May 2025)
(resigned 7 November 2024)
(resigned 21 May 2025)
(resigned 21 May 2025)
(resigned 21 May 2025)
(resigned 21 May 2025)
(resigned 7 November 2024)
(resigned 21 May 2025)
(resigned 21 May 2025)
{resigned 21 May 2025)
(resigned 21 May 2025>
(resigned 21 May 2025}
(resigned 21 May 2025)
Independent Examiner
Muras Baker Jones Limited
Regent House
Bath Avenue
Wolverhampton
W41 4EG

Worcestershire Build•ng Preseryatson Trust
{Formerly The Wortestershlre Bulldlng Preservation Trust)
REPORT OF THE TRUSTEES
For the year ended 31st March 2025
srRucfuRE, GOVERNANCE AND MANAGEMENT
The organisation is a company limited by guarantee and a registered charity.
The company was established under a Memorandum of Association. which established the objerts and
powers of the charitable company and 15 govemed under its Artides of Association. The company was
ncorporated on 17th February 1965 as The County of Hereford and Worcester Building Preservation
Trust and re-registered under the changed name The Worcestershire Building Preservation Trust on
17th March 1998. In the event of the company being wound up, members are required to contribute an
amount not exceeding £1 (one pound). The Trust's name was once again changed in 2025, with the
initial "The" being"dropped to simplify the name, whlch Is now Worcestershire Building Preservation
Trust.
The Trust wa5 reg15tered a5 a charity on 25th Marth 1965.
The Trust is in the process of revising its Artides of Association in conjunction wtth establishing West
Midlands Heritage Trust as a charitable incorporated organisation. This restructuring is anticlpated to
complete by the start of the next Financial Year.
Recruitment and appoirrtment of the Board of Trustees and inductlon and tralnlng
The dirertors of the company are also charity trustees for the purposes of charity law. Under the
requirements of the Memorandum and Artides of Association, dirertors are elected to serve for a
period of three years after which they may stand for re-election at the next Annual General Meeting.
In the past trustee recruitment depended upon people being recommended to the Board and invited to
join. The method of trustee recruitment was reviewed under the Resilience and Engagement project
{see below) which commenced in February 2022. This instigated new approaches to advertising,
recruitment and effective promotion of the Trust and successfully resulted in the recruitment of three
new trustees this year to enhance the skills composition of Board membership. However, it is
recognised that more work needs to be done on incwsing the diversity of Board membership.
All 6oard members are ￿￿larlY updated with infomiation pertinent to their role as directors and on
matters relating to the operation of the charity. Thi5 includes an induction meeting for new Board
members to familiarise them with the Trust's activitie5 and its legal 5tatU5.
Risk Management
The trustee Board has a duty to identify and review the major risks to which the charity Is exposed and
ensure systems are in place to mitigate these risks. Established risk assessment and monitoring
procedures have been reviewed and progres5 continues to be rnade on the development and ongoing
update of risks.
The trustees oversee the consideration of business and operational risks on a project-by-project basis
with regular reports being produced to ensure that the necessary steps can be taken to mitigate and
manage these risks.

Worcestershire Building Presetvatlon Trust
(Formerly The Worcestershire Building Preservation Twst}
REPORT OF THE TRUSTEES
For the year ended 31st March 2025
Organisational Strurture
The Worcestershire Building P￿SerVation Trust is managed by an independent Board of trustee
directors, at present sixteen members, with a wide range of specialist and professional interests.
Trustees meet six times per year.
The Board establlshes formal sub committees, task and finish groups and projert speclflc steering
groups to oversee particular function5 and plans induding management of specific building projects."
On 215t May 2025. after the end of this financial year, the Trust, and its partner Trusts (West Midlands
Historic Buildings Tnjst and Wolverhampton Heritage Trust) underwent a structural change which
sulted in the resignation of a significant number of Trustees. The establishment of West Midlands
Heritage Trust as an umbrella body is a means of removing many joint administrative attivities from
each of the Trusts, leaving them to focus on building projerts artivities alone. As a result the number
of Trustees in ead) of the "Project Trusts" has been reduced to just those whose who are directly
involved in the Current buildings renovation projects in each Trust. All Trustees have become Trustees
of West Midlands Heritage Trust. along with those in the other two Project Trusts, so there remains a
consistent approach to the work of all three Trusts. This redistribution of Trustees accords with Charity
Commission advice for a charitable incorporated organisation as now established as West Midlands
Heritage Trust and our long estsblished Project Trusts.
DTS Solutions Ltd provide Project Dirertor and advisory services to the Board of Trustees. The Trust
has a pool of Projett Organisers on whom it can call for consultancy services when potential projects
are identified. Frameworks for the services of Design Teams for projects are under development and a
Legal Services framework has conduded this year in respect to govemance and projects work, In
collaboration with West Midlands Historic Buildings Trust and Wolverhampton Heritage Trust grant aid
is in place to support joint staff posts to assist with the identification and development of potential
project buildings and to raise the profile of the organisation, induding enhanced community
engagement and the administrative 5UPPOrt required to ensure effective day to day management. A
further grant aid project has been agreed by Historic England to fully support a Head of Project through
to 2027, with previous staff roles now funded dirert.
The Re9iStered Office of the Trust is now located at the premises of TAG Accountants Group (fomerly
Copia Wealth and Tax Ltd) Wolverharnpton, who also provide bookkeeping services to the Trust.
OBJECTIVES AND ACTIVXTZES
Objectives
The objects of the Trust are to preserve for the benefit of the nation buildings of especial beauty or
especial historlc or architectural interest.
The Trust Is speclfically interested in buildings located within the County of Worce5ter5hire which are
neglected. decaying or at risk of demolition. especially Whe￿ efforts to secure a commercial solution
have not been found. Whilst the emphasis is on statutorily listed building5 and heritage a55ets within
designated conservation areas consideration will be given to all buildings of architectural or historical
merit. The Trust also seeks to research and inform the community about the arthitertural heritage of
the County.

Worcestershire Building Preser¥atlon Trnst
(Formerly The Wor¢estershire Building Preservation Trust)
REPORT OF THE TRUSTEES
For the year ended 31st March 2025
Publlc benefit
In setting the Twst's objectives, the Trustees have given careful consideration to the Charity
Commission general guidance on public benefit. All projects seek to engage with local communities and
seek solution5 for reuse of buildings at risk that will be of public benefit.
Actlvltles
In accordance with the powers, we have, in promoting the objects:
Maintained contact with local authority conservation officers, Historic England and other
relevant organi5ations to promote our objects and seek data on heritage at risk across our
area of interest.
Responded to requests for assistance on buildin9s at risk and investigated the viability of
potential candidates for projects brought to our attention.
Sought to safeguard the long-temi viability of the organisation by working dosely with other
building preservation trusts including West M￿landS Historic Buildings Trust and The City of
Wolverhampton Regenerating Buildings Preservation Trust with whom work on a joint
Business Plan has made significant progress this year
Continued development of our website and social media profile to keep our communities
infomied of Trust activities, projects and other subjects of interest
ACHIEVEMENTS AND PERFORMANCE
Willow Court (formerly Boycott) Farmhouse, Droitwich
This grade Il listed building originated in the 16th century with a surviving timber framed element to
the rear Subsequently extended with a larger brick StrUrtU￿ in the 18th century. The building has been
vacant for 20 years resulting in it becoming at seriou5 risk and 15 located in an area of significant local
deprlvation. The project aims to prcsvide a secure future for the building by converting it tp 6
residential apartments. along with activitie5 to involve a wide range of people in heritage with benefits
for the local community and local economy. Heads of Terms have been agreed with Platform Housing
Group to lease the apartments as affordable housing. The building remains in the ownership of
Wychavon District Council until prartical completion of the delivery stage which commenced in April
2024.
The Delivery Stage of the project effectively commented In February 2024 with the ￿SUMption of
Project Steering Group meetings to distuss matters required to achieve 'Pemiission to Start, from The
National Lottery Heritage Fund, fine tuning of design details, increased social media communications
and some preliminary works on slte including rep1a￿rnent of protective sheeting to the scaffold. A
Heritage Engagement Co-ordinator has been engaged to provide 5eryices for Willow Court Farmhouse
and the St Michael's pla￿ project being developed by the West Midlands Historic Buildings Trust. This
post will significantly enhance the Trusts. capacity for community outreach work. The total budget for
delivery has been reCal￿lated at £4,225,421 with funding secured from The National Lottery Heritage
Fund. Wychavon Di5tritt Counol, Platform Housing Group lease purchase, various smaller grants and
non-cash contributions induding volunteer time. Construttion works on site commence in April 2024
and will continue through into 2026 under a Building Contract with Messenger BCR.

Worcestershire Build•ng Preservation Trust
(Formerly The Worcestershlre Bulldln9 PreseThatlon Trust)
REPORT OF THE TRUSTEES
For the year ended 31st March 2025
Buildings at R•sk
The Trust has continued in its efforts to identlfy conservationlregeneration projects within
Worcestershire. Discussions with property owners, council officers and other partner organi5ations
have taken place and the Trust continue5 to maintain a watching brief on opportunities for Trust
involvement in buildings at risk in Worcester city and beyond. Via the jointly produced 8uilding5 at Risk
App (see below) the Trust is continuing to recnjit volunteers to assist with the identification of
buildings at risk within the County.
Working Wlth Partner Trusts
The collaboration with Wolverhampton Heritage Trust and West Midlands Historic Buildings Trust
(together the Three Trusts} to mutually support common activities has continued to work well during
the past year. Sharing staff and other resources with neighbouring Trusts will secure a transformative
change in coming years supported by the adoption of a joint Business Plan nearing completion. In'the
2024125 financial year the collaboration mentioned above has continued and whilst various initiatlves
are currently of ne￿SSIty operated via the West Midlands Historic Buildings Trust, they are contributed
to financially and provide benefits to all three Trusts.
ACHIEVEMENTS AND PERFORMANCE
Ca
aci
Buildin
Staff Recruitment - Joint Pro
In late 2020 a grant was awarded by Historic England enabling the 3 trusts to move towards employing
two members of staff: a Heritage Development Officer (HDO} and a part time Heritage Development
Support Officer (HDSO), and to establish a shared office (currently based in Worcester one day per
week) with employees also working from home unts"l a permanent office can be established. Following a
ompetitive recruitment process two staff started in post on 1st May 2021 with contracts ending mid-
2024. The existing staff have been retained from the end of this funding by contributions from project
developer return. Historit England a￿ now fully supporting a Head of Projects member of staff through
a new grant aid agreement through to mid-2027. A Project steering Group meets regularly to oversee
delivery of the Historic England funded projert with delegated authority to make decisions within the
project scope and budget. A Human Resources sub-committee of trustees has also been established to
oversee matters relating to Staff employment with the support of a human resources consultant.
A key outcome for the Capacity Building Project is the establishment of a Buildings at Risk Reglster for
the area covered by the three trusts and that this Should allow for public engagement with the process.
Progres5 on the 'Buildings at Risk. App (launched in 2022) has been consolidated during the year
including securing additional funding towards the costs of developing a business plan for the BaR App
to enable sharing of the platform with other Building Preservation Trusts. The BaR App is currently
being used under licence by a County Historic Building Trust with interest being expressed by at least 2
other Local Authorities to licence the BaR App.
Re
ce&E
ement Joint Pro
ect
The Strategic Wan 2021-2025, adopted by Trustees induded a resolution to pursue further funding
application5 to progress work on business planning and audience development. A successful application
to The National Lottery Heritage Fund awarded grant aid up to £82.542 with approval to start in late
January 2022. The Projett Steering Group meeting on a monthly basis appointed Bearwood Associates
Ltd, following a competitive tendering proce55. to manage the Resilience & Engagement Project.

Worcestershire Buildin9 PreseTha*ion Trust
(Formerly The Worcestershlre Building Preservatlon Trust)
REPORT OF THE TRUSTEES
For the year ended 31st March 2025
Further consultancy posltions of business planner and evaluation consultants were procured. The
project airns are to produce an Audience Development Plan: develop a Business Plan to identify new
income streams and busine55 models: Strengthen Organisational Resilience by recruiting new trustee5
and volunteers and to understand the environmental impact of projerts and activities including how to
achieve carbon net zero in the futu￿. This Resilience & Engagement project completed in this period,
and it is antiopated that a further application will be made in the next financial year to support further
strategic developments within the new structure indicated above.
The Business Planning process commenced in summer 2022 has been an incremental process over the
past three year5 as circumstances have been changing and access to grant aid to deliver aspiratlons
has been uncertain. The proposed change5 in the business plan will be delivered through a long-term
transition Whe￿bY West Midlands Heritage Trust 15 established as a new Charitable Incorporated
Organisation (CIO) which will effettively take on the role currently supported by the West Midlands
Historic Buildings Trust. as lead Trust of the three partners. in terms of administrative support,
employment of staff, general fund raising. publioty. marketing and branding including member
supporter services. Legal advice on this way fonyard has progressed this year with a view to adopting
the new 'umbrella' CIO as from 1st April 2025. The role of trustees is unlikely to change greatly until a
more established senior staff team is in place and able to take the organisation forward with Strategic
backing from the Councils of Management of the 3 partner Trusts. It is intended that all trustees will be
invited Initially to sit on the board of the delivery organi5ation I CIO 'West Midlands Heritage.
FINANCIAL REVIEW AND PLAfvIS FOR FITfuRE PERIODS
The focus for the coming 12 months is to:
Continue to develop a Buildings at Risk register for the County of Worcestershire working with
partners in local authorities, Historic England. local communities and other relevant
stakeholder5.
Complete the joint Business Plan. including Fund Raising Strategy, develop a Marketing
strategy and complete an Audience Development Plan.
Follow up research with a view to identifying potential future projetts, make funding
applications and securing working partnerships to seek solution5 for historic buildings'at risk.
Build capacity to offer consultancy setvices to assist others struggling to save and conserve
buildings al risk where 01￿ct trust intervention is not necessary.
Continue to deliver the Willow Court Famihouse project in accordance with the requirements
of The National Lottery Heritage Fund grant award including the delivery of community
engagement opportunities.
Contlnue working towards adoption of the Charity Governance Code.
The financial position of the Trust is set out in detail in this Financial Statement.
Reserves Pollcy
It is the policy of the Board to maintain a level of reserrfes sufficient to ensure the continued operatlon
of Trust activities.

Worcestershire Buildin9 Pres¢rvation Tnjst
(Fornierly The worcester￿Ire Buildlng Preservation Trust)
REPQRT OF THE TRUSTEES
For the year ended 31st March 2025
Members of the Management Committee
The members and dirertors who are also trustees for the purpose of d)arity law, and serrfed during the
year, and up to the date of this report, are set out on page l.
Responsib•l•tles of the Management Commlttee In relat•on to the flnanclal sLitements
Company law requires the trustee5 to prepare Finanoal Statements for each financlal year which give
true and fair view of the Charitable company as at the Balan￿ Sheet date and of its income resources
and application of resouros, induding income and expenditure for the finonoal year. In preparing
those Financial Statements, the trustees should follow best prartice and:
• select suitable Account policies and apply them consistently;
make Judgements and estimates that are reasonable and prudent: and
• prepare Finanaal Statements on the going concern basi5 unless It is inappropriate to assume that
the company will continue on that basis.
The trustees (who are also direttors of the charlty for the purposes of company law) are responsible
for preparing the Trustees Report and the Finanoal Ststements in accordance with applicable law and
UK Accounting Stsndards.
The trusfees are responsible for maintainin9 proper accounting records which di5d05e with reasonable
accuracy at any tsme the finandal position of the charitable company and to ensure that the Flnanclal
Statements compty with the Compartries Art 2006. The trustees are a150 respoftsible for safeguarding
the a55ets of the charitable company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
In accordan￿ with company law, as trustees. we certify that:
so far as we are aware. there is no relevant audit information of whith the company's auditors are
unaware; and
as the trustees of the company we have taken all the steps that we ought to have taken in order to
make ourselves awa￿ of any relevant audit infonnation and to establish that the charity's audltors
are aware of that information.
Th14 report has been prepareL1 in accordan￿ with the Statement of Reumnmended Practlce
Accountlng Reporting by Charities (issued in 2015) ar￿ in accordan￿ with the pThisions appllcable to
companies subjett to the small companies. regime.
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Edward Graham Barron
Position:
Trustee
Date-

Independent Audltors Report to the Trustees of
Worcestershlre Building Preservation Trust
(Formerly The Worcestershire Building Preservation Trust)
Oplnlon
We have audited the finanoal statements of Worcestershire Building Preservation Trust (the 'charitable
company.) for the year ended 31 March 2025 which comprise the Statement of Financial Artivities, the
Statement of Financial Position and notes to the financial statements. including significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable.law
and United Kingdom Accounting Standards, including Financial Reporting Stsn(Jard 102 The Financial
Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted
Accounting Prartice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and
of its incoming resource5 and application of resources, induding its income and expenditure, for
the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Prartice: and
. have been prepared in accordance with the requirements of the Charities Art 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor
responsibilities for the audit of the financial statements section of our report. We are independent of
the charitable company in accordance with the ethical requi￿rnents that are relevant to our audit of
the financial statements in the UK, induding the FRC'S Ethical Standard. and we have fulfilled our other
ethical responsibilities in accordance with these ￿quIrernents. We believe that the audlt evldence we
have obtained is suffiuent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the twstees. use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any Material uncertainties relating to
events or condition5 that, individually or collectively* may cast significant doubt on the charitable
company's ability to continue a5 a going concem for a period of at least twelve months from when the
financial statements are authorised for i￿ue.
Our responsibilities and the responsibilities of the trustees with respect to going concem a￿ described
in the relevant sections of thls report.
Other Infoymatlon
The other infomation comprises the information included in the trustees. annual report, other than the
financial statements and our auditorfs report thereon. The trustees are responsible for the other
information. Our opinion on the finanoal statements does not cover the other information and we do
not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
infonnation is materially inconsistent with the finanaal statements or our knowledge obtained in the
course of the audit or otherwise appear5 to be materially misstated. If we identify such material
inconsistencie5 or apparent material rnisstatements, we are required to determine whether this gjves
rise to a material mi55tatement in the financial statement5 themselves. If, based on the work we have
performed, we conclude that the￿ is a material misstatement of this other information, we are
required to report that fart.
We have nothing to ￿port in this regard.

Xndependent AudStors Report to the Trustees of
Worcestershlre Bullding Preservation Trust
(Formerly The Worcestershire Building Preservation Trust) (contlnued)
Matters on whlch we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities
(Accounts and Reports) Regulation5 2008 require us to report to you if, in our opinion-
• the infomiation given in the trustees. report is inconsistent in any material respett with the
financial statements: or
sufficient accounting records have not been kept; or
• the financial statements are not in agreement with the accounting records,. or
• we have not received all the inforniation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees. responsibilities statement on page 7, the trustees (who are also
the directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for beTrng satisfied that they give a true and fair view, and
for such internal control as the trustees detemine is necessary to enable the preparation of financial
Statements that are free from material misstatement. whether Oue to fraud or error.
In preparing the finanaal statements, the trustees are responsible for assessing the charitable
company's abllity to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concem basis of accounting unless the trustees either intend to liquidate
the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor responslbilltles for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Att 2011 and report in
accordance with the Art and relevant ￿￿latIOnS made or having effect thereunder.
Our objertives are to obtain ￿asonable assurance about whether the financial statements as a whole
are free from material mi5Statement. whether due to fraud or error. and to issue an auditor's report
that includes our opinion. Reasonable assurance 15 a high level of assurance, but is not a guarantee
that an audit condurted in accordance with ISAS (UK) will always detett a material misstatement when
it exists. Misststements can arise from fraud or error and are considered material if, individually or in
the aggregate. they could reasonably be expected to influence the economic decisions of users taken
on the basis of these financlal statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularitie5. including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
In planning and designing our audit tests we identify and a55es5 the risks of material misstatement
within the financial statements, vdhether due to fraud or error. Our assessment of these risks indudes
consideration of the nature of the industry and sector, the control environment and the charity
performance along with the results of our enquiries of management about their own identification and
assessment of risks and irregularities. In common with all audits under ISAS (UK), we are also
required to perform specific procedures to respond to the risk of management override. We also
obtained an understanding of the legal and regulatory frameworks that the charitable company
operates in, focusing on provisions of those law5 and wulatiorbs that had a dirett effett on the
determination of material amounts and disclosures in the financial statements. The key law5 and
regulations we considered in this context included the UK Companies Art. Charities Art, UK tax
legislation and other laws and regulations identified as risk areas identified from our discussions with
managefflent.
We communicated rdevant identified laws and regulations and potential fraud risks to all engagement
team members including internal specialists, and remained alert to any indications of fraud or non-
compliance with laws and ￿UlationS throughout the audit.

Independent Aud•tors Report to the TNstees of
Worcestershire Building Preservation Trust
(Formerly The Worcestershire Buildin9 Preservation Trust) (continued)
After consideration of the above risks we then carried out audit procedures including the following..
performing analytical procedures to identify any unusual or unexperted relationships that may indicate
risks of material misstatement due to fraud;
reading minutes of trustees meetings;
reviewing correspondence with H M Revenue & Customs;
enquiring of management and reviewing any correspondence with legal advlsors concemlng
actual antj potential litigation and daims-
reviewing the financial statement disclosures and testing to supporting documentation to assess
compliance with provisions of relevant laws and regulats.ons described as having a dI￿¢t effect
on the financial statements,.
in addressing the risk of fraud through management override of controls. testing the
appropriateness of journal entries and other adjustments; assessin9 whether the judgements
made in making accounting estimates are indicative of a potential bia5- and evaluating the
business rationale of any significant trnnsactions that are unusual or outside the normal course
of business.
There are inherent limitstion5 in our audit procedures descrtbed above. The more removed that
the laws and regulations are from finanoal tran5attions the less likely it is that we would be
aware on non-compliance.
Auditing standards also limit the audit procedures required to
identify non-compliance with law5 and ￿gUlationS to enquiry of the trustees and other
management and the inspection of regulatory and legal correspondence, if any. Material
misstatements that arise due to fraud can be harder to detect than those that arlse from error
as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description for￿$
part of our auditorfs report.
Use of our report
This report is made solely to the charitable company's trustees, as a body. in accordance with Part 4 of
the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken 50 that
we might state to the charitable company's trustees those matters we a￿ requi￿￿ to state to them in
an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept
or assume responsibility to anyone other than the charitable company and the charitable company's
trustees as a body. for our audit work. for this report, or for the opinions we have formed.
Oliver Ross Bsc (Hon5) FCA (Senior Statutory Auditor)
For and on behalf of
Muras Baker lones Limited
Chartered Accountants. and Statutory Auditors
Regent House
Bath Avenue
Wolverhampton
WVI 4EG
Date..
/1 knts-2ozf
io

Worcestershire Buildin9 PreseThatlon Trust
(Formerly The Worcestershire Building Preservation Trust)
statement of flnan¢ial actlvities
For the year ended 31 March 2025
2025
2025
Unrestricted Restricted
funds
' Funds
2025
Total
Funds
2024
Total
funds
Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
other trading activitles
Investment income
1,260.830
1,260,830
185,165
2,985
2,985
686
2,992
1,260,830
1,263,822
185,851
EXPENDrruRE ON
Charitable activities
21,355
1,076.590
1,097.945
201,738
21,355
1,076,590
1.097.945
201,738
NET INCOME/EXPENDITURE
(18,363)
184.240
165,877
(15,887)
RECONCIUATJON OF FUNDS
Total funds brought forward
20,957
2,719
23,676
39,563
Transfers between funds
14
184,240
(184.240)
TOTAL FUNDS CARRIED
FORWARD
13
186,834
2.719
189,553
23,676
The Statement of Financial Activities indudes all gains and 105ses in the year.
All Income and expenditu￿ has arisen from continuing activities.
li

Worcestershire Building Preservation Trust
(Fornierly The Worcestwshire Buihling Pres•vvat•OD 7n￿t)
statement of finanaal posltlon
A$ at 31 March 2025
2025
Totsl
Funds
2024
Total
Funds
Notes
CURRENT ASSErs
Debtors
Cash at bank
li
156.016
205,063
8,182
23,690
361.079
31,872
CREDrroRS
Amounts falling due withln
one
Year
13
(171.526)
(8,196)
NET CIIRRENT ASSErs
189,553
23,676
TOTAL ASSETS LESS
CURRENT UABILrrIES
189.553
23.676
NET ASSETS
189,553
23,676
FUNDS
Unrestricted funds
Restricted
14
14
186,834
2,719
20,957
2,719
TOTAL FUNDS
189.553
23.676
These financial statements were approved by the Board of Trustees on
were signed on its behalf by:
la L5 and
Name:
Robin Alan Seuers
Position:
Trustee
Company number: 0837970
12

Worcestershlre Bulldln9 Preservation Trust
(Formerly The Worcestershire Building Pr•servatlon Trust)
statement of Cash Flows
For the year ended 31 Marth 2025
2025
2024
Note
Cash flows from operatin9 activ•ties
Surplus / (deficit) for the year
165.877
(15,887)
Adjustment5 for."
Other interest receivable and similar income
Accrued (income)/expenses
Changes in..
Trade and other debtors
Trade and other creditors
(2,985)
(46.903)
(686)
loo
(11,512)
73.911
183,729
(181,399)
Cash generated from operations
178.388
(14.143)
Interest recLryved
2,985
686
Net cash from operating activities
181,373
[13,457)
Net increasel (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
181,373
23,690
(13,457)
37.147
12
Cash and cash equivalents at the year end
12
205.063
23,690
13

Worcestershire Building Preservation Trust
(Formerly The Worcestershire Building Preservatk•n Trust)
Notes to the financlal statements
For the year ended 31 March 2025
GENERAL XNFORMATJON
The charity is a public benefit entity and a private company limited by guarantee. ￿gistered in
England and Wales and a registered tharity in England and Wales. The address of the registered
office is WBPT, 8 Pendeford Place, Pendeford Bu5ine55 Park. Wolverhampton, WV9 5HD.
STATEMENT OF COMPUANCE
These financial statements have been prepared in compliance with FRS 102. The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) {Charities
SORP (FRS 102)) and the Companies Act 2006.
ACCOUNTING POUCIES
Basls of preparatlon
The financial statements have been p￿pared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities measured at fair value through income or
expenditure.
The financial statements are prepared in sterling, which is the funrtional currency of the entity.
Going eoneern
The accounts have been prepared on a going concern basis as there are no material
uncertsintie5 about the tharity's ability to continue in operatlon existen￿ for the foreseeable
future.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements.
estimates and assumptions that affert the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other fartors. including expertations
of future events that are belleved to be reasonable under the Circurnstan￿.
Fund accounting
Unrestrirted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted fund5 earmarked by the trustees for particular future project
or commitment.
Restricted funds are subjected to restrictions on their expenditure dedared by the donor or
through the terrns of an appeal, and fall into one of two sub-dasses: ￿$tritted income funds or
endowment funds.
Further explanation of the nature and purpose of each fund is induded in the notes to the
financial statements.
14

Worcestershire Building Preservation Trust
(Formerly The Worcestershire Bullding Preser¥ation Trnst)
Notes to the flnancial statements
For the year ended 31 March 2025
Incorne
All incoming resources are included in the statement of financial artivities when entitlement has
passed to the charity; it Is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from d¢)nations or grants is recognised when there is evidence of entitlement to
the gift, receipt is probable and its amount can be measured reliably.
Investment income is included when ￿e1Vable.
Exp¢nditur¢
Expenditure is recognised on an accruals basis as a liability 15 incurred. Expenditure include5
any VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relate5:
expenditure on charitsble ath"vities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including
those support costs and costs relating to the governance of the charity apportioned to
charitable artivities.
other expenditure indudes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitsble artivities.
AII costs are allocated to expenditure categories reflerting the use of the resource. Direct costs
attributable to a single activity are allocated dirertly to that activity. Shared costs are
apportioned between the artivities they contribute to on a reasonable, justifiable and consistent
basis.
Taxation
The charity being a registered charity is exempt from taxation in accordance with the provlsions
of Income and Corporation Taxes Act 1988.
15

Worcestershire Buildlng Preservation Tn•st
(Formerly The WorcestershSre Bulldlng PreseThatlon Trust)
Note5 to the financial statements (Continued)
For the year ended 31 March 2025
DONATIONS AND LEGACIES
Unrestvlcted Restrlcted
Funds
Funds
Total
2025
Total
2024
Grants received from..
National Lottery Heritage Fund
Wychavon District Council
765.830
495,000
765,830
495.000
115,165
70,000
1,260,830
1,260,830
185,165
OTHER TRADING ACTivrrKES Unrestrirted Restrirted
Funds
Funds
Total
2025
Total
2024
Ground rents
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
Interest Received
2,985
2.985
686
16

Worcestershire Bullding Preservation Trust
{Formerly The Worcestershire Building Preservation Trust)
Notes to the finan¢ial statements (Continued)
For the year ended 31 March 2025
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Fund$
2025
2024
Building works
Professional fees
staff costs
Accountancy fees
Independent examiners fees
Audit fees
Bank charges
Office costs
Printing and advertising
Insurance
Sundry expen5e5
898,766
150,757
14,698
1,392
898,766
164,444
20,538
1.740
135,921
54,865
6,118
2,071
1,000
13,687
5,840
348
350
115
145
14
329
527
3,150
3,500
115
6,070
14
329
2,429
60
330
56
260
1,057
5.925
1.902
21,355
1,076,590
1,097,945
201,738
NET INCOME/(EXPENDrruRE)
2025
2024
Net income/(expenditure) is stated after charging:
Accountsnt's fee5 for audit of the accounts
Accountant's fees for independent examination of the
accounts
3,500
1.000
9. STAFF COSTS
The total staff costs and employee beneftts for the reporting period are analysed as follows..
2025
2024
Wage5 and salarie5
Employer contributions to pension plans
20,102
436
5,940
178
20.538
6,118
The above staff costs include:
a) Restricted costs which ￿late to one staff member who is dedicated to the Willow Court Project,
and
b) Unrestrirted costs which relate to 6.67% of the costs of three staff rnembers who work on the
Capacity Building Projert. which 15 a joint project with West Midlands Historic Building5 Trust
and The Q"ty of Wolverhampton Regenerating Buildings Preservation Trust.
The payroll is managed by West Midlands Historic Buildings Trust and invoiced as appropriate.
17

Worcestershire Bullding Preservation Trust
(Formerly The Woreestershire Bullding Preservatlon Trust)
Notes to the financial statements (Continued)
For the year ended 31 March 2025
10. TRUSTEES. REMUNERATION AND EXPENSES
There were no trustees. remuneration or other benefits for the year ended 31 March 2025.
Trustees, expenses
No trustee5' expense5 were paid during the year ending 31 March 2025 (2024 - £nil).
11. DEBTORS: AMOUNTS FALLING DUE WMIIN ONE YEAR
2025
2024
Prepayments and accrued income
other debtors
136.413
19,603
55
8,127
156,016
8,182
Since April 2021. a total of £1.303.897 of fvnding has been received towards the delivery phase of
the Willow Court project in Droits¥ich. There was however a further £172,037 to cover outstanding
expenditu￿$ which had been claimed but vias not received until after the year end. By the eno of
this financial year expenditure of £1.265.519 {including £184,240 developers retum to WBPT) had
been incurred on delivery activities. As a result. net accrued income of £136,322 has been
reserved at 31 March 2025.
12. CASH AND CASH EQUIVALENTS
2025
2024
Cash and cash equivalents comprise the following:
Cash at bank and in hand
205,063
23,690
13. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Trade creditors
Accrued expenses
81,107
90,419
7,196
1,000
171.S26
8,196
18

Worcestershire Buildong Preservatlon Trust
(Formerly The Worcestershire Building Preservation Trnst)
Notes to the financial statements (Contlnued)
For tho year ended 31 March 2025
14. MOVEMENT IN FUNDS
At
31.03.2024
Incomlng
Resour¢
Outgolng
Resources
At
31.03.2025
Transfers
Unrestricted funds
General fund
Restrirted fund$
20,957
184,240
2.992
(21.355)
186,834
Willow Court
Farmhouse
project
2.719
(184.240)
1,260.830
(1,076.590)
2.719
TOTAL FUNDS
23.676
1,263.822
(1,097,945)
189,553
Wlllow Court Farmhouse Project
Funding was obtained to progress the Willow Court project to the completion of a (ievelopment
plan.
Fund Transfers
The transfer frorn restricted to unrestritted funds relates to Developer's Return approved as
income to the Trust, as agreed with the major donors to the Willow Court project. It is based upon
150/0 of relevant expenditures in the Delivery Phase of the project.
15. ANALYSIS OF NET ASSEfs BETWEEN FUNDS
Tangible
Flxed
Net current '
Assets/
(Liabilities)
Total
2025
Total
2024
Unrestricted fund5
Restricted funds
186.834
2,719
186.834
2,719
29,957
2.719
TOTAL FUNDS
189,553
189,553
23,676
16.
RELATED PARTY DISCLOSURES
Professional fees indude £13.149 (2024 - £3,827) paid to IWSA Limited, a company In which a
tnjstee, I Wilson, is a di￿ttor. All transaction5 Wlth that company have been on an arms length
basis.

Worcestershire Buildlng Preservation Tn
(Fornierly The Worcestershire Bulldln9 Preservation Trust)
ptes to the.financial statements (Continued)
For the year ended 31 March 2025
17.
LEGAL STATUS OF TRUST
The Worcestershire Building Preservation Trust is a company limited by guarantee. In the event
of winding up or dissolution of the company. members. liability under the Memorandum of
Association is limited to £1 each. At 31 March 2025 there were 17 Members.
20