BIRMINGHAM RETIREMENT COUNCIL
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR EINDED 31ST MARCH 2024
Charity Number:
241670

BIRMINGHAM RETIREMENT COUNCIL
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31" MARCH 2024
CONTENrs
PAGE
Reference and a(Iministration
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sh¢et
Notes to the financial statements
9_15

BIRMINGHAM RETIREMENT COUNCIL
REFERENCE AND ADMINISTRATION
EXECUTIVE COMMITTEE MEMBERS AND TRUSTEES
Mrs Vivierme Wilkes
Mrs Jill Gorst
Sue Anderson Hon. Aldernian
Mrs Margaret Guy R.D.D.L
Mrs Penny Wagg
Mrs NoTma Burke
Mr Philip Williams
Mrs Fiona Matthews
Councillor Kerry Jenkins
Hon Aldemian Sue Anderson
President
Chaimian
Treasurer
Vice Chairnian
Trustee
Trustee
Fircone Representative
Fircone Representative
B:ham City Council Representative
B'ham City Council Representative
CHAPLAIN
To Be Appointed
MANAGEMENT STAFF
G Malcolm J Ford Esq
Mrs Stephanie Rickett
Lee R Harris Esq
Executive Manager
Administrative Assistant
Security Warden
REGISTERED OFFICE
Norn]an Leaker Centre
1237 Stratford Road
Hall (ireen
Binningham
B28 9AA
INDEPENDENT EXAMINER
Huntington Accountancy Services Ltd
Accountants and Financial Advisors
15 Stag Drive
Hunlington
Canno¢k
Staffordshire
WS124UJ

BIRMINGHAM RETIREMENT COUNCIL
TRUSTEES, REPORT
YEAR ENDED 31" MARCH 2024
The Trustees of Birmingham Retirement Council PTesent their report and the financial
statements for the year ended 31, March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
Birn]ingham Retirement Council is constituted under a trust deed dated I l March 1965 and is
a registered Charity under Chartty No.241670. The management of the Trust ts the
responsibility of the trustees who are elected or co-opted under the tenns of the trust deed.
Organisation
Members of the Executive Committee act as trust¢¢s. The committee is comprised of honorary
ofticers and other persons having particular interest and experience Telatcd to the problems of
retiremcnt. An Executive Manager is appointed by the truste¢s to manage the day-to-day
operations of the charity.
The trustees and management staff are set out on page l.
Risk Management
The trustees actively review ihe major risks which fac¢ the charity and in particular those
related to its operations and finance. The trustees are satisfied that systems are in place to
mitigate exposure to major risks.
Investment Policy
In the absence of any express power. the powers of investment are contained in the Trust¢e Act
2000 which confers a general power to invest.
FINANCIAL REVIEW
Results
The results of the year's operations are set out in the attached financial statements. The net
surplus for the year amounts lo £8,352 ￿7th retained reserves at 31 March 2024 amounting to
£168,954.

The Charity's main sources of income arises from fees from Fircon¢ leisuie activities £33,980
and room lettkngs £8,233.
Tight financial control continues to be of paramount importance, efforts continuing to be
exerted in both th¢ control of costs and innovative means of generating additional income.
Reserves
The financial statements show the assets and liabilities by type. The unrestricted funds amount
to £168,954 but only £32,382 is freely available bc'cause the balance is dcsignated for oth¢T
purposes. The trustees feel that reasonably substantial free reserves are needed because of
declining Fircone membership and the economic consequences of Covid 19.
Accounting and reporting responsibilities
The trustees are required by law to prepare fllk2ncial statements for each financial year which
give a true and fair view of the financial activities of the charity and of its financial position at
the end of that year. In preparing those financial statements the tn￿leeS are required to:
select suitable accountRng policies and apply them consistently,
make judgements and estimates that are reasonable and prudent,
state whether applicable accounting standards and the Charities SORP have been
followed, disclosing and explaining any material departures in the financial statements,
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper a¢counting records which disclose with
reasonable accuracy at any time the financial position of the charity and enable them lo ensure
that the financial statements comply with the Charities Act 2011. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for ihe preventlOD
and detection of fraud and other irregularilies.
OBJECTIVES AND ACTIVITIES
Objectives
The charity is a public benefit entity and complies wilh its duty in section17{5} of the Charities
Act 2011. Its objects are to advance the education of persons who have attained the age of 50
years and have retired from full time employment or are approaching retirement. It also aims
to provtde or assist in the provision of tacilities for recr¢ation or other leisure time occupation
for persons who have need of such facilities by reason of their age or economic background.
It does through its Friends in Retirement (Fircone) movement Provide education and leisure
activities for those people who have reached the age of 50 and are no longer in paid
employmenl.

Chairman's review of activities and futur¢ d¢v¢lo
ments
Year ended 31st March 2024
The Bim]ingham Retirement Council is pleased to report another successful year for the
Charity including attracting 35 new members.
In April a spring and Easter raffle was organised by Stef Rickett raising £131.
May saw another fund-raising event, a table top sale which raised a further £420. This
income helped towards the purchase of a new waler heater for the kitchen and some electrical
work. Throughout May we were lucky to have the services of th¢ charitable branch of J.
Mu￿by'S Building Contractors canying out sterling work on improvements to the car
parking areas. This has resulted in at least 5 extra ¢ar park spaces being available to members,
and entailed no cost to Birn]ingham Retirement Council.
In May we were delighted to welcome a new Fircone repTesentative to the committee. Fiona
Matthews.
During June Stef Rickett asked if she could Teduce her days of work to 2, to which w¢ agreed.
Mondays will be coi'ered on a rota system of committee members until a p¢m)anent
resolution is arranged.
A new short course for total beginners at Line Danctng was operated in September and
October and this was well attended. Our thanks go to Sue Morse for suggesting and
organising this.
November saw a great joint effort to rl￿ an Autunm Fayre which raised a splendid £850. Our
sincere thanks to all involved.
In Feb￿ary the Charity, Age UK, gave a very tnteresting talk to our members regarding the
services they offeT to older people. It was well attended and the f¢¢dback from everyone was
positive.
The Hall Green Gardening Club kindly provided and fitted a large display screen in the
ballroom, entirely at their own cost, for use by all our groups.
A second Easter raffle (there were 2 Easter holidays in this financial year) Taised £203 and
sales of Easter crafts n￿de by our memb¢rs raised an additional £70.

March was an exciting month seeing improvemenls in various areas including blinds in the
'tearoom', a new colour printer foi the office. a slorage unil for use by the short mat bowls
group and total redecoration of the three toilet areas.
A repair to the old roof to prevent leaking was carried out early in the year by the landlords. It
has not been totally successful and there is an ongoing negotkation with the landlords to
complete the work and make the premises dry and safe for our security advisor to continue to
live in.
The rise in session fees, ratified at the September 2023 AGM, has enabled the Charity to
continue with one-off exp¢nses throughout the year, such as guttering repairs, defibrillator
battery replacement a]Jd a new telephone systern. More fund-raising activities are planned for
the year ahead.
We would like to express our thanks to the staff, Malcolm Ford and Stefanie Rickett for their
continuing support and also to our group leaders who give so freely of their time to provide a
great experience for the over 50s.
Our thanks go to the Lord Mayor and the City for their valued and appreciated support and
patronage.
Jill Gorst
Chainnan
September 2024

BIRMINGHAM RETIREMENT COUNCIL
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31" MARCH 2024
We report to the Trustecs on the examination of the accounts of the above Charity
'the Trust") for the year ended 31. March 2024.
Responsibilities
As the charity's trusteesy you are responsible for the preparation of the accounts
and basis of report in accordance with the requirements of the Charities Act 2011 ("the Act") as
des¢ribed on Page 3. You consider that an audit is not required for this year under
section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed
We report in respect of our examination of the Charity's accounts Carried out under
section145 of the 2011 Act and in carrying out our cxatnination, we have followed all
the appli¢able Directions given by the Charity Comtnission under s¢¢tiOT] 145(5)(b} of
the Act
Independent
examiner's
statement
We have completed our examination. I confirni that no mal¢rial matters have come
to our attention in conn¢¢lion wittrt the examinatiott which give us Cause to believe
that in, any malerial respect..
the accounting records were not kept iti accordan¢e with section 130 of the Charities
Act. or the accounts did not accord with the accounting records. or
the account.q did not comply with the appli¢able requirements concerning the
form and content of accounts sel out in the Charities (Accounts and R¢ports)
Regulations 2008 other than any requirement that the accounts give a "tme and
fair, view which is not a matter considered as part of an independcnt examination.
We have no concerns and have come across no other matters in connection with the
examination to whi¢h attention should be drawn in this r¢port in order to enable a
proper underslanding of the accounts to be reached.
13 August 2024
Accountants and Financial Advisors
IS Stag Drive
Huntington
Cannock
Staffordshire WS12 4 UJ

BIRMINGHAM RETIREMENT COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31" MARCH 2024
Unrestricted
Funds
Total
2024
Tolal
2023
Note
INCOMING RESOURCES
From generated funds
FTOM charitsbl¢ activities
From Other resourLeS
21,075
33,980
4,732
21,075
33,980
4,732
23, 139
26, 463
3,419
Total incoming resources
59,787
59.787
53,021
RESOURCES EXPENDED
Cost of generated funds
Charitable activities
Governance costs
22,401
24,061
4,973
22,401
24.061
4,973
22,976
24, 088
5, J05
Total Tesources expended
Net movement in funds
8J52
8J52
852
Balances blf as at I, April 2023
160,602
160,602
159. 750
Balances clf as at 31, March 2024
168,954
168.954
160, 602
All transactions are derived from continuing activities
All recognised gains and losses are included in the Statement of Financial Activities
The notes on pages 9 to 15 fonn part of these financial statements.

BIRMINGHAM RETIREMENT COUNCIL
BALANCE SHEET
YEAR ENDED 31" MARCH 2024
2024
2024
2023
2025
Note
FIXED ASSETS
Tangible assets
136,572
142,237
CURRENT ASSETS
Debtors
Cash at bank and in hand
4,732
31,673
3,419
19,519
36,405
22,938
CRFDITORS
Amounts falling due within one year l O
4.023
4,573
NET CURRENT ASSETS
32,382
18.365
NET ASSETS
168,954
160,602
FUNDS
General funds
D¢signated funds
32,382
136,572
18,365
142,257
TOTAL FUNDS
168.954
160, 602
The not¢s on pages 9 to 15 forn] part ot these financial statements.
Approved by th¢ trustees on 19 September 2024 and signed on their behalf by:
J Gorst
S Anderson

BIRMINGHAM RETIREMENT COUNCIL
NOTES TO THE FINANCIAL ACTIVITIES
YEAR ENDED 31" MARCH 2024
ACCOUNTING POLICIES
Basis of preparation of finaneiAI statements
The financial statements are prepared under the historical cost basis and include the results of
the charity's operations which are described in the Trust¢es' Report and all of which are
continuing.
The accounts have been prepared in accordance with the Statement of Re¢ommended Practic¢
(SORP 2015) for charity accounts and the Charities Act 2011
Fund accounting
Unrestricted funds comprise accumulated surpluses and deficits on general funds. They are
available for use at the dis¢retion of the trustees in furtherance of the general charitable
objectives.
Restrictsd funds are amounts that have been sel aslde at the discretion of the tnjstees.
Incoming resources
Inc()ming resources represents the total income receivable during the year comprising in the
main, grants, donations and lettings.
Equipmen¢ & Stock
Equipment, Literature and Tearoom Supplies are written off in the year of purchase.
Resourees expended
All expenditure is a¢¢ounted for gross, and wh¢n incurred. Direct charitabl¢ expenditure
includes the direct wsts of the a¢tivities and amortisation. Where such costs relate to more
than one functional cost category, Ihey have been splil on an appropriate basis.
Amortisatiou
The leasehold property is being amortised over 50 years being the period of the lease.

INCOMING RESOURCES
2024
2023
Generated Funds
Investment incom¢
Letting & other income
Activities for generaling fimds
Grants received
Donations and legacies received
Fund raising
Subscriptions
19,175
17,678
3,175
279
1,527
480
1,550
350
21.075
23,139
From charitsble activities
Fircone fees
33,980
26, 465
Other ineoming resour¢¢s
Gift aid
4,732
3,419
Total Ineoming Resources
RESOURCES EXPENDED
Cost of generating funds
Support costs
Charitable activities
Accommodation costs
Support costs
I,660
24,061
24, 088
Governance costs
Support costs
Total Resources Expended
51,435
52,169
io

SUPPORT COSTS
2024
2023
Staff Costs
Salari¢s
25.473
24,575
25,473
24.575
Property Costs
Rent and service charges
Rates & Council Tax
Heat, Light and Water
Insurance
Repairs, and alterations
Lease amortisation
1,342
331
5.527
2,074
2,606
1,023
4,976
2.005
7,504
17,545
20,973
Gov¢rnanee Costs
Travel & Subsistence
3,070
2, 690
Examiners fees
Professional fees
Photocopier
Printing. postage and stationery
I'elephone & internet
Miscellaneous expenses
250
250
474
300
1,807
856
439
30
1,099
I,ooi
Alloeation of Support Costs
Cost of
Gen¢rating
Funds
Charilable
Activities
Total
Governance
Staff Costs
Property Costs
Governance Costs
25,473
17,545
6.757
11,463
7,897
3.041
1,463
7,897
3,041
2,547
1,751
675
Support Costs have been apportioned between the costs of managing propety, charitsble
activity and governance using an estimate of staff time being 450/0, 450/0, and lOQ/
respectively. Any fundraising is done by trustees or volunteers.

EMPLOYEES AND STAFF COSTS
2024
2023
In aggregate the number of fiEII and part time
persons employed during the year in
rnanag¢mvnt and central services were
(Apr-June) 3
(July-Aug) 3
(Sept-Dec) 3
((Dec-Mar) 3
Staff costs were as follows..
Salaries
£25,473
£24,575
No employee receiv¢d emoluments greater than £50,000 (2023 £NIL)
EXECUTIVE COMMITTEE REMUNERATION & REIMBURSED EXPENSES
No men]ber of the trust¢es received remuneration for their services during the year (2023
£NIL)
No member of the trustees received any reimbursed expenses during the year
(2023 £NIL)
TANGIBLE ASSETS
Leasehold
Property
Cost
I" April 2023
Additions
283,261
31" March 2024
283.261
Depreciation
l April 2023
Charge for the year
141.024
5.665
31, March 2024
146,689
Net Book Value
31" March 2024
136 572
12

2024
2023
9 DEBTORS
Debtors and prepayrnents
CASH AT BANK & IN HAND
Bank current account
Cash in hand
Petty Cash
31,550
43
80
19,413
26
80
31,673
19,519
10 CREDITORS
Amounts falling due within one year
4.023
4,573
I I DESIGNATED FUNDS
Building Fund Balance at I, April 2023
Amortisation
142,237
5,665
147,902
5.665
Building Fund Balance at 31" March 2024
136,572
142,237
12 ANAL YSIS OF NET ASSETS BETWEEN FUNDS
Restrieted Funds
NIL
NIL
Unrestri¢ted Fund$
Tangible assets
Current assets
Current liabiliti¢s & provisions
136,572
36,405
142,237
22,938
Total Net Assets
168 954
160 602
13

13 OPERATING LEASE COMMITMENTS
At the 31" March 2024 the charity had no annual commitments under non-cancellable
operating leases.
14 INCOME & EXPENDITURE SUMMARY AND ANALYSIS
2024
2023
INCOMING RESOURCES
Total incoming r¢50urces
59,787
53,021
RESOURCES EXPENDED
Staff costs
A(Iministration costs
Amortisation
25,473
20,297
5.665
24,575
21,929
5, 665
Total resourees expended
51,435
52,169
INCOMING l {oirrGOING) RESOURCE
852
14

ANALYSIS
INCOMING RESOURCES
2024
2024
2023
2023
Grants r¢c¢ived
Donations & legackes
Group fees
Subscriptions
Fund raising
InN'estment income
Letting & other income
Gift aid
3,175
279
26,463
480
1,527
33,980
350
1.550
19.175
17.078
Total Income
59,787
53.021
RESOURCES EXPENDED DETAIL
STAFF COSTS
Salaries
25.473
24,575
ADMINISTRATION COSTS
Rent and Service Charge
Professional Fees
Accommodation Hire
Printing, postag¢ and stationery
Photocopier
Teleph()ne & Internet
Miseellaneous expenses
Travel & Subsistence
Heat, Light and Water
Insurance
Repairs and alterations
Rates and Council l'ax
250
1,660
300
474
1,807
856
3,070
5,528
2.073
2,606
1,673
250
I,lJ2
50
439
1,099
I,ooi
2, 690
4,976
2, 005
7,304
20,297
21,929
AMORTISATION COSTS
Amortisation- leasehold property
5.665
5,665
Total Expenditure
51.435
52,169
OUTGOING RESOURCES
852
15