Company Reg no: 1887850
Registered Charity no: 516557
BIRMINGHAM RATHBONE SOCIETY
(COMPANY LIMITED BY GUARANTEE)
REPORT OF THE COUNCIL
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

BIRMINGHAIA RATHBONE SOCIEr4
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
CONTENTS
Page
i- li
Report of the Council
12-14
Independent Auditors, Report
15
Statement of Financial Activities
16
Balance Sheet
17
Cash Flow Statement
18-31
Notes to the Accounts

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 h￿RCH 2023
The Trustees. who ore also directors of the charitable comptsny (the Charity) for the purposes of
the Companies Act, submit the Annual Report ond the audited financial statements for the year
ended 31 March 2023.
The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP)
"Accounting by Charities" (FRS 102) in preparing the annual report and the f inancial statements of
the Charity.
keference and Administrative details
Charity Number..
Company Number..
Principal and Registered Off ice..
516557
1887850
Morcom House, Ledsam Street, Ladywood,
Birmingham. 816 8DN
Directors and Trustees:
The directors of the Charity are its Trustees for the purpose of charity law and throughout
this report are collectively referred to as the Trustees: or the Counci l of Mamgement,. or
the Council.
The Trustees serving durin9 the year and Since the year end were as follows:
Chair..
Honorary Treasurer..
Vice-chair..
Other trustees..
James Larner FCA
Dr Alostair Fiae
Dhiren Katwa (Resigned 28 Mar 2023)
Dalbir Johal
Ruby Stone (Appointed 22 May 2023)
Honorary President:
Sir John Crabtree OBE, Lord Lieutenant,
West Midlands

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Chief Executive..
Director of Finonce and Administrotion:
Company Secretary..
Chris Botes BA, MA
Vaoni Nironthamkumor
Voani Nirantharakumar
Auditors:
Haines Watts Birmingham LLP
5-6 Greenf ield Crescent
Edgbaston
Birminghom
B15 3BE
Bankers:
Unity Trust Bank plc
9 Brindley Place
4 Oozells Square
Birmingham, 812HE
Aldermore Bank plc
1st Floor, Block B, Western House
Lynch Wood
Peterborou9h. PE2 6FZ
Website:
¥vww.rothbone.co.uk
Structure, f￿vernanCe and Management
Governing Document
Birmingham Rathbone Society is a company limited by guarantee governed by its Memorandum and
Articles of Association. It is registered as a charity with the Charity Commission. The Charity is
registered with a maximum of 96 members and anyone may become a member on condition of their
membership being approved by a majority of the Council of Management. As ot 31 March 2023 there
were 27 members (28 in 2022), each of whom o9rees to contribute £1 in the event of the Charity
winding UP.

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Appointment of Trustees
As set out in the Articles of Association potential Trustees must be recommended by the Trustees
or proposed by a member qualif led to vote at any general meeting. New Trustees are appointed at a
general meeting unless to f ill a casual vacancy where the off ice will only be held until the followin9
annual 9eneral meeting when he or she will be eligible for re-election. At each annual general meeting
one third of the Trustees must retire from off ice but will be eligible for re-election.
The Council appoints a Chairperson, Vice-chairperson and Treasurer. The off ice holder must stand
down at the end of every two-year period but may of fer themselves for re-election. No off icer may
be re-appointed for more than ten years in a99regate.
Trustee Induction ¢iThJ Trainir9
New Trustees undergo dn induction visit to brief them on their legal obligations under charity and
company law.. the content of the Memorandum and Articles of Association.. the committees and
decision-making processes.. the business plon and recent f inancial performcmce Of the Charity- During
the induction visit they meet the Chief Executive and the Chair of the Council of Management.
Trustees are encouraged to attend appropriate external training events where these will facilitate
the undertaking of their role.
Orwisation
The Council of Management. which currently has no maximum number of members, administers the
Charity. The Council meets quarterly and there are sub-committees covering Performance and
Services, both of which also meet quarterly. and a Remuneration Committee which meets as and when
required.
A Chief Executive is appointed by the Trustees to maThJge the day to day operations of the Charity.
To facilitate effective operations, the Chief Executive has delegated authority. within terms of
delegation approved by the Trustees, f or all operational matters across the orgonisation.
In accordance with the Charity's Articles of Association the Council of Management also appoints
a Secretary. which is not ah honorary position. No member of the Council may occupy the solaried
position of Secretary.

BIRA41NGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Renwneration of Senior Management Team
The Charity has a written Salary Review Policy and a lon9Standing salory gradin9 Structure coverin9
oll roles across the or9anisation which was originally set by the Remuneration Sub-committee and
ratif led by the Council of Management. The Council of Management reviews staff salaries annually,
considering all relevant factors includin9 the current economic climate and the nature of the
organisotion's contracts. to determine any annual salary percentage increase. Annual pay awards have
the effect of adjusting all the grades (]nd pay points on the Birmin9ham Rathbone Salary scale and
any rate increase is applied consistently across all employees of all staf f grades includin9 those of
the Senior Management Team.
kisk Management
The Trustees have a risk maM9ement strategy which comprises:
an annual review of the risks the Charity may face..
the establishment of systems and procedures to mitigate those risks identif led in the review,.
and
the implementation of procedures designed to minimise ony potential impact on the Charity
should those risks materialise.
The key risks and uncertainties that have been identif led and are being managed are..
health and saf ety of staff and clients 9enerally. and in relation to COVIt)-19.'
risks in relation to safeguarding young people and vulnerable adults..
uncertainty regardiThJ changes in public policy and the potential impact on public spendirg..
ensuring that external quality requirements are met..
ensuring that contract requirements are met.
The organisation has robust safeguarding policies and procedures which incorporate all trustees.
staff and volunteers undertaking enhanced DBS checks at least every two years, and saf e9uardiThJ
training for all staff and volunteers. Where possible trustees. staff and volunteers reglster with
DBS Update, which provides an annually updated certif icate. The organisation's representatives
attend the Birmin9ham Safeguarding Adults Board meetings.
The Charity maintains suf f icient levels of reserves in accordance with the Trustees, reserves policy
and continues to purchase suitable houses and partner with relevant organisations across the city to
expand its provision of supported accommodation.

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Objectives. Strategles. Activities
Birmingham Rathbone is established for charitable purposes only to promote the welfare and advance
the education of those children, young people and adults who need special care and attention as a
result of the educational diff iculties they either experience or have experienced. These dif f iculties
will have usually caused them to attend schools for children with special educationol needs or special
classes within mainstream schools.
Birmingham Rothbone exists to ensure that people with learning difficulties achieve their full
potential and participate f ully in the life of the community.
Birmingham Rathbone believes that..
all people are of equal worth..
everyone can learn,.
everyone should have equal access to education, training. employment, accommodation, health.
leisure and community facilities.. and
everyone should have the opportunity to be part of, and contribute to, the community in which
they live.
The main objectives for the year continued to be those as set out in the Charity's Mission
statement to enable people with learning diff iculties to achieve their f ull potential as follows:
to identify and advocate f or the provision of a range of services to enhance the quality of lif e
f or people with learning diff iculties..
to protect and safeguard clients..
to promote and conduct relevant research..
to provide information and advice for parents, professionals, members, volunteers and a
concerned general public..
to provide and innovate services to meet identif led needs.. and
to evaluate the effectiveness of services and, by disseminating the findin9s, extend
knowledge and improve practice.
The Charity's Strategies for achieving its main objectives are:
to form partnerships with a range of relevant organisations,.
to develop and maintain relotionships with key statutory a9encies.'
to offer f lexible solutions to f unders ensuring our provision meets the needs of our clients,
f unders and inspection regimes..
to engage with the corporate sector f or partnership. sponsorship, secondment ond funding
opportunities..
to f orm and support service user constituency 9roups f or consultation and support in their
chosen activities..
to expand provision takiThJ account of demographic chan9es.

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Birmingham Rathbone offers Supported Living, Accommodation with Support. Home Support (Home
Care) and Employment Support (through PURE) to assist people with mild to moderate learning
diff iculties to live with self-conf idence. choice and control over their independence. The main areas
of activity durin9 the year were Housin9 and Supported Livin9 Services. The Charity's services are
provided in partnership with Birmingham City Council's Vulnerable Adults Health & Social Care team,.
the Care Quality Commission.. Social Care and Health (City of Birmingham and Sandwell Borough
Council). and Housing Associations in 8irmingham in a voriety of accommodation settings. The Chority
also delivers a contract on behalf of Birmingham City Council (PURE) throu9h ESF funding to help
vulnerable people into training, education and employment.
A comprehensive needs assessment of clients enables the Charity to tailor its services to the
individual's personal needs so that the client can live the way that they want to live in their community
settirvj. Support may concern areas such as health and well-being,. budgetiThJ skills.. life skills..
attaining recognised academic qualif ications or seekin9 meaningf ul employment. This is regularly
updoted.
Our Vulnerable Adults with Learni￿ Disabilities service has been owarded the maximum 4 stars for
excellence and inspection grades in recent years have achieved A in all f ive areas of '.
Assessment and Support Planning
Security, Health and Saf ety
Safeguarding and Protection f rom Abuse
Fair Access. Diversity and Inclusion
Client Involvement and Empowerment
Our Home Support and Supported Living Services were awarded Good in all categories by the Care
Quality Commission at the last inspection in October 2017.
Our Supported Living Service was 9raded as silver by Birmingham City Council at review in J(muary
2023.
The Charity continues to search for additional suitable domestic properties to increase
accommodation provision for its Housing and Supported Living services.
Volunteers
The Charity welcomes the input of volunteers to enhance its activities. The contribution made by
volunteers in the year was not signif icant and no particular activity was reliant on the services of
volunteers.

BIRMINGHAM RATHBONE SOCIE
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
Achievements ard Performance
During the yeor we..
won o new City Council contrnct for accommodation-based support for vulnerable people with
learnin9 dif f iculties/disabilities in Birmingham, winding down our f loatin9 support contract and
successfully and sensitively supporting those clients to transf er to other providers,.
the new Vulnerable People accommodation with support contract wos owarded for 5 years (to
June 2027) with an optional extension of 2 years (to June 2029)..
continued to deliver the PURE contract on behalf of the City Council..
continued to deliver the Home Care Service under the Framework Agreement with the City
Council,.
• won a new Supported Living Flexible Contract with the City Council (for 5 years to 2028,
extendable to 2030)..
continued to deliver the Supported Living Service under the new Framework Agreement with the
City Council..
successfully completed the transf er f rom monogement agreements to leases with Midland Heart
on Bill Slater House and both properties in Kingsbury Road..
continued to seek appropriate properties for purchase..
carried out a programme of improvement to all our properties..
renewed our Investor in People standard accreditation through a full 3 yearly review in
January/February 2023..
• continued to upgrade our IT inf rastructure, replacing the staff laptops and mobile phones..
continued to develop the skills base of our staff through formal training 9ualifications and
apprenticeships..
continued to develop our commitment to service user involvement through surveys and feedback..
and facilitated client input into the City Council's consultation on future services for vulnerable
people., and
continued to develop and maintain relationships with key statutory agencies and funders (e.9.
girmin9ham City Council: and strote9y groups (e.9. the 8irmingham Homelessness Partnership
Board)..
• agreed a partnership with the Hilton Garden IM Hotel as its chosen charity of the year:
all of the above was delivered in the context of the recedin9 Covid-19 pandemic, operating to a
very high standtyd of infection control and successfully protecting clients and staff from
inf ection.

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
The Charity measures its success by various criteria, including..
annual surveys f rom all clients accessin9 our services..
regular client f orums encouraging feedback dialogue,.
regular monitorin9 of incidents. accidents. saf eguarding, complaints and compliments at
management meetings, and reporting on the same at Trustee Board,.
monitoring achievements and f inancial perf ormance against prescribed outcomes set by funders..
monitoring achievements and progress against our Business Plan and KPIS..
an annual anonymous staf f feedback survey..
self-assessment returns including reports to CQC and to 8irminghom City Council..
external quality checks and accreditations e.g. CQC (Good). Vulnerable People (Excellent).
Supported Living (Good). Home Support (Good), Motrix Standard for Information, Advice and
Guidance and Investors in People accreditation.
The Trustees are of the opinion that throughout the year the Charity complied with the duty in
section 4 of the Charities Act 2011 to have due regard to public benef it guidance published by the
Commission.
The Charity does not employ any external fundraisers and complies with the Fundraising Regulator's
voluntary regulation scheme.
Overall the Charity produced a surplus of £95,391 for the year ended 31 March 2023.
The organisation continued to deliver Housing and Supported Living Services and produced a total
unrestricted surplus of £95,391 as shown in the SOFA.
The Charity's principal funding continued to be derived from 8irmin9ham City Council and Sandwell
Metropolitan 8orough Council for Vulnerable People and Home Support. It also continued delivery of
the PURE (Placin9 vulnerable urban residents into employment) project which, funded by the
European Social Fund through 8irmingham City Council. assists vulnerable Birmingham residents into
employment. education or training using a range of coordinated interventions to help overcome
barriers into the employment market.
Plans for the Future
In the forthcoming year the Charity's key objectives are to..
ensure safe working practices for the protection of clients and staf f..
expand supported housing services and home care through developing and delivering our controcts
and the Framework Agreement..
expand Supported Living services through the new 8irmingham City Council's Framework
Agreement..
successf ully deliver our part of the PURE ESF project..

BIRMINGHAM RATHBONE SoCI￿y
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2023
continue to meet the Notional Informotion, Advice and Guidance Standards..
continue to support and develop our staff:
secure additional contracts/fundipvJ for services to vulnerable people with learnin9 dist￿l11t1es in
Birmin9ham.
continue working towards Investors in Excellence:
continue to extend and deepen our range of partnerships:
work to extend our delivery to include a wider ra￿e of opportunities for people with learning
diff iculties..
continue to develop and maintain relationships with relevant statutory agencies and funders,
including Birmingham City Council, to remain a key supplier of services.. and
purchase/source new properties to increase our available accommodation to support independent
liviFYJ for people with learning diff iculties and disabilities.
Reserves Policy
The Charity is constantly reviewin9 Its cost bose and implementin9 efficiencies with a view to
mointainin9 liquid reserves.
The Trustees Charity's decided the minimum free reserves
requirements should be the equivalent of Six months, expenditure. The Charity's free reserves
as at 31 Morch 2023 were £1,963,533 (2022 £1,868,142). The free reserves are equivalent to
13 months annual expenditure at current levels. In addition to the free reserves £750,000 has
been desi9nated by the trustees f or f urther property purchase.
The Trustees re9ularly review the apwopriateness of the reserves policy with regard to the
current environment in which the Charity operates. Its Vulnerable People and PURE contracts
incur a retention of 10 ID of the iinnual earnings value until the end of each contract year due to a
payment by results element. We continued to deliver our services and have re-introduced various
activities in the light of the COVID-19 emergency recedin9. The Trustees believe the level of
reserves held to be appropriate at this time.
Aworeness of relevant audit information
In accordance with comp¢]ny law, as the Charity's Trustees. we certify that:
in $0 far os we are aware, there is no relevant audit information of which the Charitys
auditors are unaware.. and
as the Trustees of the Charity we have taken all steps that we ought to have taken in
order to make ourselves aware of any relevant audit information and to establish that the
Charity's auditors are aware of that information.

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 IAARCH 2023
Haines Watts Birmingham LLP were reappointed at the Annuol General Meetin9 in November 2022.
This report was prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006.
Approved by the Boord of Trustees on 21 August 2023 and signed on their behalf by..
Chairman..
..James Larner
Treasurer..
..Alostair Rae
io

BIRMINGHAM RATHBONE SOCIErY
REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 hlARCH 2023
STATEMENT OF TRUSTEES, RESPONSIBILrrIES
The Trustees are responsible for preparing the Report of the Council and the financial statements
in accord¢ince with t)pplicable law and United Kingdom Accountin9 Standards (United Kingdom
Generally Accepted Accounting Practice).
Company low requires the Trustees to prepare f inancial statements f or each f inancial yeor that give
a true and fair view of the state of affairs of the Charity and of the incoming resources and
applicotion of resources. including the net income or expenditure, of the Charity for the year. In
preparing those f inancial statements the Trustees are required to..
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP..
make judgments (]nd estimates that are reasonable and prudent..
prepare the financial statements on the goin9 concern basis unless it is inappropriate to
presume that the Charity will continue in business.
The Trustees are responsible for keeping accountin9 records that disclose with reasonable accuracy
at 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 safe9uarding the
ossets of the Charity and hence for toking reasonable steps for the prevention and detection of
f raud and other irregularities.

orto
he Inde
endent Auditors to the Member
8irmin ham kathbone Socie
Opinion
We hove oudited the f indnciol statements of Birmingham Rathbone Society (the 'charitable company'l f or the year
ended 31 M¢]rch 2023 which comprise the Statement of Finoncial Activities. the Balance Sheet. the Cash Flow
Statement and notes to the financial statements, includirg a summary of si9nif icant accounting polities. The
financial reportin9 f ramework that has been applied in their preporotion is applitoble law and United Kin9dom
Accounting Standards {United Kin9dom Generally Accepted Actounting Prattitel.
In our opinion the finoncial statements..
give a true ond fair view of the state of the eknritttble comwty s affoirs os at 31 Morch 2023 and of its incomin9
resources and application of resources, including Its income and expeThJiture, for the year then ended..
have been prfrperly prepared in occordance with United Kingdom Generalty Accepted Accountin9 Proctice.. cffld
have been prepared in accordance with the requirements of the Comp¢]nies Act 2CKJ6.
8osi5 for opinion
We conducted our audit in occordance with Intermtionol St¢Thdords on Auditin9 IUKI (ISAS (UK)) dnd opplicable
low. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the finoncial statements section of our report. We ore independent of the charitable company in occord(mee
with the ethical requirements that are relevont to our audit of the financial statements in the UK, includin9 the
FRC'S Ethical Stondard, and w¢ have fulfilled our other ethical responsibilities in accordance with these
requiremehts We believe that the audit evidence we have obtoined is suff icient and appropriote to provide a basis
for our opinion.
Conclusions relatiry to 9OFn9 coKvn
rn auditir9 the fin(mcial statements. we have concluded thot the trustees, use of the 90in9 concern basis of
accountiw in the preparation of the f inanciol statements is apprgpriote.
Based on the work we have perf ormed. we hove not Identif led any moterial uncertainties relating to events or
conditions that, indiv4dually or collectively, may cast signif icant doubt on the charitoble company's ability te continue
QS O goin9 concern f cr a period of at least twelve months from when the f inanciGI staternents ore author¢sed f or
issu¢.
Our responsibilities ond the responsibilities of the truslees with respect to 90ir9 concern ¢Tre described in the
relevant sec*¢ons of this report.
Other informotion
The trustees are responsible for the other information. The other informotion comprises the information included
in the Annual keport, other than the f inonciol stotejnemts and aur Report of the Independent Auditors thereon.
Our opinion on the f inancial statements dots not cover the other informalion dnd. except to th¢ extent otherwise
explicitly stoted in our report, we do not express ony form of ¢￿Ur0nce conclusion thereon.
In connection with our audit of the financial statements, our responsibtlity Is to redd the other information (Md. in
doirg so. consider whether the other inf ormotion is ma*erially inconsistent with the f inancial statements or our
knowledge obtained sn the audil or otherwise appears to be mater¢olly misstated. If we ide*tify stjch moterial
inconsistencies or apparent material misstatements. we are required to detemine whether this gives rise to o
materid rnisstoternent in the f inancial statements themselves. If , bosed on the work we hove perf ormed, we
conclude that there is a ￿￿terial misstatement of this Other information, we ore required to report thot f oct. We
have nothing to report in this re9ard.
Opinions on other ￿￿tter$ wes¢rib¢d by th¢ C¢mpafti¢s Act 21
In otjr opinion. based on the work wdertaken in the course of the audit..
the infonDOtion given in the keport of the Trustees for the f iTrJncial yeor for which the finonciol stotements
are prepared is consistent with the financial staternents.. and
the Report of the Trustees h￿£ been prepared in accordonce with applIc¢￿Ie le901 requirements.
12

orto
the Inde
irmi
endent Auditors to the Members of
oci
l•latt￿% on which we dre requlred to report by ¢x¢¢ption
In the light of the knowled9e (md understandin9 of the choritoble company ond its environment obtoined in the
c¢urse gf the (wdit, we have Mt identified moterial miSStotementS in the Report of the Trust￿.
We have nothirs to repjrt in respect of the fallowin9 matters where the Cofflpanies Act 2006 requtres us to report
to you if . in OErr opinion..
adequate accountin9 records have not been kept or retsrns adeqwte for our audit have not been received fmm
bronches not visited by us.. or
the f inoncial stotements ore not in agreement with the occounting records and returns.. or
certain disclosures of tnJstets' remuneration specif led by law are not made.. or
we have not received all the information and exPl(ty￿tIOlls we require for our aud*t.' or
the trustees were not entitled to toke advantage of the small companies exernption from the requirement to
prepore o Strategic Report or in preparing the Report of the Trustees,
Responsibilities of trir5tees
As explained more fully in the Statement of Trustees. Re$pon$ibilities. the trustees (who are also the directors of
the charitable comp(my for the purposes of compony low) ore responsible for the preparatton of the f inancial
statements and for beirg stttisf led thot they give a true ond foir view. and for such internal tontrol as the trustees
determine is necessdry to emble the preparation of f irwcial statements that are free from material missratement,
whether due to f raud or error.
rn pre￿rIng the fin(Mcial stotements. the trustees are rtsponsible for assessiThJ the eharitoble company's ability
to continue as a90itY4 concern, disclosing. as applitable, matters related to go(n9 concern and ustn9 the 90ing concern
basis of account¢n9 unless the trustees either intend to liquidate the charitable cornpony or to c¢ose operations, or
hove no reolistic alternative bLrt to do so.
thjr responsibllrties for the a￿lt of th¢ finafi¢iol statements
Our objectives are to obtain reosonoble ossuronce about whether the f inancial statements 0$ o whole ore free from
materiol rnisstatement, whether due to froud or error, dnd to isstje o Report o* the Independent Auditors that
includes our opinion. keasorthle assurance is o high level of assurance. but ts not a guarantee that an oudit
conducted in otcordoftce with ISAS (UK) will ttlwoys detect a moter¢al misstat¢ment when it exists. Misstatements
con arise f rom fratjd or error (Md are cornsidered mllterial if . individudlly or in the ag9re9ate. they could reasonably
be expected to inf luence the economic decision$ of users token on the bosis of these f inoncidl statememts.
We obtoined on understonding of the le9al ond regulatory framework applicable to both the charitable company
itself and the sector in which it operates. We identified ttreos of laws ond regulations that could reos¢nably be
expected to have a rnateriol effect on the f imncial stdtements f rom our sector experience and throu9h
discussion with the trustees ond other management. The most Signif icant were identif led os the Cornponies Act
2006, the Chorities Act 2011 oThd the Charities SORP (FR51021.
We considered the extent of compliance with those laws and regulations as part of our procedures on the related
f inoncid stottments. Our ￿di$ procedures included, but were not limited to..
makiNJ enquires of trustees and m¢]nagement og to where they Consider there to be a susceptibility
to fraud and whether they ha￿ any knewledge or suspicion of froud..
obtainiTh4 ¢Jn underst¢Jndin9 of the internol controls estoblished to miti9ate risks related t¢ fraud or
non-compliance with laws and pe9ulations.'
assessing the desi9n eff¢ctiveness of the controls in place to prevent and d¢t¢rt froud..
assessing the risk of management override includin9 identifytn9 testin9 journal entries..
Challenging th¢ a$s￿lPtIOnS ond Judgements made by management in ¢tS $19nif icant accountirvj
estimates.
Whilst our audit did not identify ¢my si9nificont motters relotiry to the detection of irre9ulorsties includiThJ fraL*I.
and despite the audit being plarwwd and conducted in atcordance with fsAs (UKI. there r¢rnains on umvoiddble r¢sk
that material mis$tatement$ tn the fimncial statements m(ry not be detected owirg to inherent limitations of the
13

orto
the Inde
Bir
endent Auditors to the Members o
ha Rathbone Socie
oudit. ortd th¢it by their very noture. any SLth instances of froud or irwlarity would14keiy ipwofve collusion, forgery,
intentional misrepresentation$. or the override of internal controls.
A further description of our responsibtlities for the oudit of the financial stotements is located ort the Fin(mcial
Reportin9 Council's website at www.frc.or9.uklauditorsresponsibilities. This description forms part of our Report
of the Ind¢ptndent Auditors.
Use of aur rewt
This report is made solely to the choritable comp￿Y'S members, as a booty, in occordance wrth Chapter 3 of Port 16
of the Companies Act 2006. Our oudit work has been undertaken so that we might state to the charitable compony's
members those matters we or¢ required to stote to them in an a￿d￿torS. report and for no other purpose. To ihe
fullest extent permitred by law. we do hot accept or assume responsibility to owone other than the charitable
c¢mp(wy and the charitable company's members os o body, for our audit work. for this report, or for the opinions
we have formed.
Nichola Venables (Senior Statut¢)ry Auditory
for and on beholf of Haines Watts Birmin9ham LLP
5-6 6reenf ield Crescent
Ed9batton
Birminghom
B15 38E
12th September 2023
Date..
14

BIRMINGHAM RATHBONE SOCIETY
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2023
INCORPORATING THE INCOME AND EXPENDrruRE ACCOU
Unrestrlcted
Funds
2023
Rertrlcted
Funds
2023
Total
2023
Total
2022
Notes
Income:
Donations and legacies
Charftable Actiwties..
Housing and Supported Llving
Grant for Crisis SLtpport
Investment income
Other
552
552
35,423
1,823,948
1,823,948
1,851,515
44,678
5,343
213
20,021
20,021
Total Income
1,844,521
1,844,521
1,937,172
Expenditure on:
Raising Funds
Charitable Actlvltles:
Housing and Supported Living
Cri5TS Support
Other grant
Total Expendlture
1,749.130
1,749.130
1,699,581
61,702
33,359
1,794,642
1,749,130
1,749,130
Net gainsllosses on Investments
Net income/(expenditurel
Transfers between funds
Net Movement in Fund5
95,391
95,391
142,530
95,391
95,391
142,530
Reconclliatlon of funds:
Total Funds Brought Forward
2,618,14Z
39,093
2,657,235
2,514.705
TOTAL FUNDS CARRIED FORWARD
2,713,533
39,093
2,752,626
2,657,235
The statement of financial act7Vitie5 includes all gains and 1055es recogni5ed in the yeèr.
For comparative5 see Note 2.
The Note5 on page5 18 to 31 form part of these financial statements.
15

BIRMINGHAM RATHBON£ SOCIETY
Company R4 no: 1887850
BALANCE SHEET AS AT 31 MARCH 2023
Notes
2023
2022
Flxed assets".
Tangible assets
Investments
655.748
672,392
12
Total Fixed Assets
655,752
672,396
Current assets:
Debtors
Cash at bank and In hand
13
258,128
1,997.748
136,385
1,988.807
Total CLsrrent Assets
2,255,876
2,125,192
Creditors- amount5 falling due withln one year
14
1159,0011
1140,352}
Net current assets
2,096,875
1,984,840
Total assets less current liabilities
2,752,626
2.657,235
Creditors: amounts falling due after more
than one year
Net Assets
21
2,752,626
2,657,235
Charlty Funds:
Unrestricted Fund5
Restricted Income Funds
21
21
2,713,533
39,093
2,618,142
39,093
2,752,626
2,657,235
These financial statements have been prepared in accordance wlth the speclal provlsions of
Part 15 of the Companies Act relatiri4 to charitable small compan7es.
The financial statements were approved by the Council of Management on
authorised for issue and Signed on thelr behalf by:
and
Chalrman:
James Larner
Alastair Rae
The Notes on pages 18 to 31 form part of these financial statements.
16

BIRMINGHAM RATHBONE SOCIErY
CASH FLOW STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
Notes
2023
2022
Cash flows from operating actTVities:
Net (￿h provided by (used in) operatins octivitie5
23
23.037
253,676
Cash flows f rom investing activities:
Dividends, interest and rents f rom inve5tment5
Proceeds from the sale of property, plant and equipment
Purchase of property. plant and equipment
20,021
5,343
134,1171
15,8101
Net cash provided by (used in) investing activities
Cash f Iow5 from financing actiwties:
Change in cosh and cosh equivalents in the year
Cash and cash equivalents at 1 April
C05h ond c05h equivalent5 at 31 March
{14,096)
(467)
1,988,807
1,997,748
1,735.597
1,988,807
Cash and cash equivalents consists of
Cash at Bank and in Hand at 31 March
1,997,748
1,988,807
The Notes on pages 18 to 31 form part of these financial statements.
17

BIRMINGHAM RATHBONE SOCIErY
NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
Accountlng Pollcles
asls of Accountfjn8
The significant accounting policie5 applied in the preparatton of these financial statements
are set out below. These pollcles have been ¢onsistently applped to all years presented unless Other¥￿Se stated.
The flnancial statements of the charltable company, which is a public benefit entity under FR5102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accouniing and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting
Standard appllcable In the UK and Republic of Ireland IFRS 1021 leffectlve 1 January 20191, FSnancial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act
The Charity has taken advantage of section 402 of the Companies Act 21J)6 and has not produced group accounts on
the basTS that both of its subsidiary companles are Immaierfal.
The financial statement5 have been prepared under the hlstorlcal cost conventlon on the gofjng concern basis. which
the Trustees consider to be appropriate in the context of the Charity's ability to meet it5 obligations as they fall
due, in the period of twelve months followng the date of approval of these financlal statements. In thls
con$7deration, the Trustees have taken into account the Charity's asset position, the level and profile of its
Ilabilities and the Charity's ability to determlne the level of charitable serwces delivered. If the Charity were
unable to coniinue to operate, adjustments would have to be made to reduce the value of the as5et5 to their
recoverable amount and tts provide for any further liabilities that might arise.
18

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
Accountlng Poltcles (Contlnuedl
Restricted Funds
Restricted Funds are funds for which the donor has specifically restricted the purpose for
which they can be used. The amount remaining in the funds represents the monie5 Still
remaining for future expenditure, or funds represented by assets purchased partly or fully
from restricted funds.
When a tlme-llmited restrictTon on an asset has expired or been released or where funds
received for restricted purposes are expended on the purchase of assets over which there is
no further restriction the cost of the asset 15 shown as a transfer to the unrestricted funds.
Unrestrlcted Funds
Unrestricted Funds are available for use at the discretion of the Trustees in furtherance of the
general objectives of the charity.
Income
All incoming resources are included in the Statement of Financial Activities ISOFAI when the
charity is legally entltled to the income after any performance conditions have been met. the
amount can be measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the
settlement date in writTng. If there are conditions attached to the donation and this requires
a level of performance before entitlement can be obtained then income is deferred until
those conditions are fully met or the fulfilment of those conditions is within the control of the
charity and it is probable that they will be fulfilled.
All income Is allocated to the general fund unless othe￿ise restricted by the donor. No
am(yJnt TS included in the financial statements for volunteer time in line with the SORP IFRS
1021. Further detail is given in the Report of the Councll.
Expenthture
All expenditure is accounted for on an accruals basis and has been classTfied under headings
that aggregate all costs related to the category. ExpendTture is recognised where there is a
legal or constructive oblTgatlon to make payments to third parties, it is probable that the
Settlement will be required and the amount of the obligation can be measured reliably.
19

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hlARCH 2023
1. Accounting Po15cie5 (Continued)
CharitabLe activities represent the costs incurred directly in providing the seivices of the
Charity including direct staff and other direct costs.
Support costs comprise central administration costs in support of the Charity's actiwties and
are allocated on the basis of full time equivalent Staff numbers in each activity.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.
Pension Costs
Contributions in respect of the Charity's Group Personal Pension Scheme are charged to the
Staternent of Financial Activities in the year in whlch they are payable to the Scheme.
Operating Leases
Rentals applicable to operatlng leases. where substantially all of the benefits and risks of
ownership remain with the lessor, are charged against income as incurred.
Fixed Assets and Depreciation
Tangible fixed assets are stated at cost lor deemed costl or valuation les5 accumulated
depreciation and accumulated impalrment losses. Cost includes costs directly attributable to
maklng the asset capable of operatlng as intended. Assets with a cost of less than £1, 500 are
not capitalised as immaterial.
The Charity enjoys the use of a considerable amount of equipment provided by various
funding agencies in addit?on to that acquired from its own resources. Grants received for
such equipment are credited to the Statement of Financial Activities in the year of receipt.
Depreciation is provided with the intention of writing off the costs of tangible fixed a55et5
over their useful lives. The provlsion Is calculated as follows:
OffTce Equipment, Fixtures and Fittings.
Motor Vehicles.
Freehold Buildings:
Leasehold Land and Buildings.
20%-33% stralght-llne
20% straight-line
2 4% straight-line
evenly over the remaining lease period
20

BIRMINGHAM RATHBONE SOCIErY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
2. Prlor Year Statement of Flnanclal Actlvltles
Unrestricted
Funds
Restricted
Funds
Total
Notes
2022
2022
2022
Income:
Donations and legacies
Charitable Actiwtles:
Housing and Supported Living
Grant for Cri515 Support
Investment income
Other
2,064
33,359
35,423
1,851,515
1,851,515
44,678
5,343
213
44,678
5,343
213
Total Income
1,859,135
78,037
1,937,171
Expenditure on:
Charitable Activities:
Housing and Supported LI￿ng
Crisis Support
Other Grant
1,699,581
1,699,581
61,702
33,359
1,794,642
61,702
33,359
95,061
Total Expenditure
1,699,581
Net incomel(expenditure)
Transfers between funds
159,554
17.0241
142,529
Net Movement in Funds
159,554
117,0241
142,529
Reconciliation of fund5:
Total Funds Brought Forward
2,458,588
56,117
2,514,705
TOTAL FUNDS CARRIED FORWARD
2,618,142
39,093
2,657,235
21

BIRMINGHAM RATHBONE SOCIErY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
3. Donations
2023
2022
Unrestricted Donations
552
Restricted Income: Covid Related Grant
33,359
There were no donations from Trustees during the year12022 £Nil).
4. Income from charitable artlvities
2023
2022
Unrestricted Income:
Housing and Supported Living:
Birmingham City Council Supportlng Peoplelvulnerable Adults
Income from Housing
Sandwell MBC/City of Birmingham
Social Care and Health
Birmingham City Council ESF ftjnded PURE project
Other income
650,106
546,551
568,774
726,772
553,684
517,313
58,517
53.747
1,823,948
1,851,515
Restricted Income:
Rebuild My Life Crisis Support funded by the Community Fund
44,679
44,679
5. Investment Income
2023
2022
Bank Interest
20,021
5,343
22

BIRJ+llNGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
6. Expendlture on Charltable Artlvltles
Dlrect
Staff
Costs
Other
Dlrect
Cost5
2023
Allocated
Total
Total
Support
Costs
2023
2023
2023
2022
Charftable Actlvlties:
Housing and Supported Living
Rebuild My Life Crisis Support
Other Grants
963,112
568.075
217.943
1,749,130
1,699,581
61,702
33, 359
Total Re50urce5 Expended
963,112
568,075
217,943
1,749,130
1,794,642
Support Costs are allocated to activities on the basis of full time equivalent staff number5 in each
activity subject to available funding.
Charitable Activies: Includes expenditure of INil {2022 £95,060) from restricted fund5.
7. Support Cost5
2023
2022
Staff Costs (management, finance, IT, personnel. quality
and administration)
Head Office Premises Costs
163,797
146,981
4,586
39,681
9,879
4,645
41,232
8,940
Administration and (herhead5
Governance Fees
217,943
201,798
23

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
8. Net Incorne
2023
2022
Net Income is stated after charging:
DeprecTation of assets
Profit on disposal of fixed assets
Operating lease rentals:
Hire of equipment
Land and building5
Auditors, remuneration:
Audit services
Trustees. remuneratTon and expense5
50,761
50,391
52,741
52,741
9,875
8,940
9. Employees. Informatlon
The average number and full time equivalent persons
employed during the year was:
2023
No
2022
FTE
FTE
Housing and Supported Living
General Administration and Finance
33
30
41
36
37
33
45
39
Staff Costs
2023
2022
Wages and salaries
Social security costs
Employer's contribution to defined contribution penslon schemes
Redundancy and termination costs
955,579
89,(Ki5
52,949
29,375
1,071,190
92,751
59,676
4,059
1,126,908
1,227,676
24

BIRMINGHAM RATHBONE SOCIE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hiARCH 2023
10. Costs of Key Management Personnel
For employees earning over £60,0fy) per annum
excluding pension contributTons:
2023
No
2022
£70,001 - E80,CK)o
2023
2022
Total amounts paid to Defined Contribution Scheme5
5,032
4,939
2023
No
2022
Staff to whom retirement benefits are accruing
under Defined Contribution Schemes
None of the trustees have been paid any remuneration, received expenses or received any
other benefits from an employment with their charity or a related entity12022: £Nill.
The total employee benefit5 of the Charity'5 key management personnel, comprising the
Trustees and the Senior Management Team, was £ 228,814 {2022: £217,214).
2S

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hlARCH 2023
11. Tangible Fixed Assets
Offlce
Equlpment
Fixtures
& Flttfngs
Freehold
Land &
Bulldlngs
Total
Cost
At 1 April 2022
Additions
Disposals
267,076
2,346
815,783
31,771
1,082,859
34,117
At 31 March 2023
269,422
847,554
1,116.976
Accumulated Depreclatlon
At 1 April 2022
Charge for year
Disposals
215,755
21,519
194,712
29,242
410,467
50,761
At 31 March 2023
237,274
223,954
461,228
Net Book Value
At 31 March 2023
32,148
623,6¢JO
655,748
At 31 March 2022
51,321
621,071
672,392
The £847,554 accumulated cost of freehold land and buildings at 31 March 2023 includes
both freehold land, which is not depreciated, and freehold buildings, which are
depreciated. As the Trustees consider that it is not practical to accurately derive a split
between freehold land and freehold buildings for presentational purposes, the associated
cost has been combined above.
26

BIRMINGHAM RATHBONE socIErY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
12. Investments
Investment fn wholly owned Subsidiaries
2023
2022
Cost
2 Ordinary shares in Rathbone Europe Limited
2 Ordinary shares in Rathbone West Midlands Ltd
Narne
Activity of Subsidiary
Capital and Reserrfes
2023
2022
Rathbone West Midlands Ltd
Dormant
Rathbone Europe Limited
Dormant
13. Debtors
2023
2022
Trade debtors
Prepayments
Other debtors
208,060
47,814
2,254
85,497
48,059
2,829
258,128
136,385
14. Creditors: amounts falling due withln one year
2023
2022
Trade creditor5
Other taxation & social security costs
Accruals
Deferred Income (note 15)
76,216
19,214
49.480
14,091
59,375
23,689
40,7C(I
16,588
159,001
140,352
27

BIRMINGHAM RATHBONE SOCIErY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IiARCH 2023
15. Deferred Incorne
2023
2022
At 1 April
Income received for Se￿CeS to be provided in the following
financial year:
Rental Income
Housing and Supported Ilving
2,833
11,258
4,230
12,358
At 31 March
14,091
16,588
16. Pension Scheme Commltments
The Charity operates a defined contribution pension scheme. The assets of this Scheme are
invested separately from those of the Charity ?n independently administered funds. The overall
scheme, being sponsored by Birmingham Rathbone Society, is based upon the CharTty's
undertaking to contribute 6.4%12022 6.4%) of qualTfying employees, basic remuneration and the
legal mTnimum under auto enrolment rules for other staff. The total amount of outstand?ng
contributions at the year end was £nil12022 £nil)
17. Constltutlon
The Charity is incorporated in England and Wale5 and is limited by guarantee.
In the event of the Charity being wound up, the liability in respect of the guarantee is limited
to £1 per member of the Charity.
18. Corporation Taxation
The Charity 15 exempt from tax on income and gains falling withing section 505 of the Taxes Act
1988 or section 252 of the Taxation of Chargable Gains Act 1992 to the extent that these are
applied to its charitable object5.
19. Related Partles
There were no related party transactions during the period. {2022: £nill.
28

BSRMINGHAM RATHBONE SOCIEr
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IiARCH 2023
20. Leases
Total future minimum operating lease payments under non-cancellable operating lea5e5 are as
follows:
2023
2022
Not later than one year
Later than one and not later than five years
82,755
3,750
52,741
37,755
86,505
90,496
21. Analysls of Funds
Unrestrfcted Restricted
2023
2023
Total
2023
Total
2022
Representation of Fund Balances
Tangible Assets
Cash at Bank and in Hand
Net Current Assetsllliabilitie51
655,752
1,958,655
99,126
655,752
1,997,748
99,126
672,396
1,988,807
13,9681
39,093
Total Net Assets
2,713,533
39.093
2,752,628
2,657,235
29

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
22. Analysls of Funds (contlnued)
1 April
2022
Income
Expend-
iture
Transfer
Funds
31 March
2023
Restrlcted Fund5:
Thurxlay Club
Donations for Cromer Road
Development
Urnberslade Road Centre Funding
389
32,938
389
32,938
5,766
5,766
Other sundry restricted donations
Total Restricted Funds
39,093
39,093
Unrestricted Funds - general
1,868,142
1,844,521
11,749,130)
1,963,533
Unrestricted Funds . designated
750,C(KI
750,¢XIO
Total Funds
2.657,235
1.844,521
{1,749,130)
2,752,626
Restricted Funds
The Thursday Club fund is the remainder of a donation restricted to 5UPPOrting a social club for people
with leaming difficulties and is expended on the costs of undertaking relevant social activites.
The Umberslade Road Centre fund conslsts of monies for improvements and equipment relating to
town gardens and for the work previously undertaken at the Charitys Umberslade Road Garden Centre.
Donations for Cromer Road development were restricted for Specific renovations at the Charitls former
leasehold learning centre.
Unrestricted Funds
The trustees have designated £750,CIJO for the purchase of propertles to which are to be used
In the delivery of charitable activities.
30

BIRMINGHAM RATHBONE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
23. Reconclliatlon of net Incomel(expenditure) to net cash flow from operatln8 actlvltles
2023
2022
Net income/(expenditure) for the reporting period
(as per the statement of financial activitie5)
Adjustments for..
Depreciation charges
Dividends, interest and rents from Investments
(Increa5e)/Decrease in debtors
IncreasellDecrease) in creditors
95,391
142,530
50,761
120,0211
1121,7431
18,648
50,391
15,343)
45.434
20,665
Net cash provided by (used in) operctins octivities
23,037
253,676
31