BILSTON RESOURCE CENTRE

Company limited by guarantee

Company Registration Number:
03691811 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

BILSTON RESOURCE CENTRE

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes

BILSTON RESOURCE CENTRE

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

As set out in the Memorandum and Articles of Association, the objects of the charity are: to promote the benefit of the inhabitants of the area of benefit. In particular, to advance Christian values, education and training, relieve sickness and old age, preserve and protect good health and to provide facilities in the interest of social welfare for recreation and other leisure time occupation with the object of improving the conditions of life for the said inhabitants. Bilston Resource Centre's main activity is to support local people to access learning, skills and employment, by providing a welcoming open access facility, providing Information Advice & Guidance {IAG), help with CVs and jobsearch, as well as learning opportunities in Basic Skills, ESOL and Information Technology. We also work with other partners within our networks and provide vocationally relevant skills and qualifications. Additionally, we have developed the community hub and cafe to bring community groups together and also enabling organisations to make use of the centre's new purpose built facilities. All of the Centre's activities are aimed at supporting local people, in an area of high deprivation. No member of the Company, including the Directors, receives any financial benefit from their involvement with the Centre. In developing activities and delivering services, the Directors have taken account of the guidance on public benefit published by the Charities Commission.

Additional information

BRC has achieved positive successes this year, with the delivery of a range of projects promoting engagement and outreach activities, employment and skills support, learning support including English, Maths, ESOL and Digital support and the community cafe continuing to delivery range of activities for service users and also some bookings for key stakeholders. BRC has also delivered new activities in relation to digital support and have taken on new volunteers and digital mentors supporting the delivery of provisions in the community. Additionally, BRC was successful with Net Zero Grant F..unding to acquire a Solar PV and Battery system, with appropriate controls, to improve energy management and use, which will enable BRC to become more sustainable. BRC has continued to support residents through its services and delivered work placements for young people aged 16 - 18, by working with local youth groups and equipping them with practical skills through work experience. Through our digital scheme we have been supporting residents aged 50+ to enable them to improve their IT skills and also work towards becoming digital mentors supporting new starters with IT and also continuing with the digital device lending scheme. Volunteering and mentoring has enabled beneficiaries to improve their mental health, well-being and overall outlook on their career aspirations. Information Advice and Guidance continues to be delivered to Matrix Quality Standard. This included career guidance and action planning, help with CVs and job applications, and access to jobsearch {including online job search). BRC has also taken on new volunteers to help them improve new skills in customer care, IAG and digital mentoring and catering.Openawards and OCN accredited learning for Basic Skills and ESOL. 52 learners were supported to achieve qualifications in Essential Digital Skills Entry 3 and Level 1 and ESOL entry 1-3. This is a huge acheivement for these learners as this was the first time for most learners to acheive their first acreddited qualification. BRC has continued to partner with the City of Wolverhampton Council to participate in the digital chrome book lending scheme. BRC are also a key partner in the Black Country Futures strategic partnership group and has had the opportunity to participate in shaping the strategy of learning, support, well-being across the black country with other organisations. BRC has also continued to develop strong local partnership in the Bilston area with community providers, identifying local issues to address. BRC has successfully delivered against its key projects being UKSPF, BCF2, Know Your Neighbourhood (KYN) and Adult Skills Budget (ASB). These projects have enabled BRC to test and trial new innovotive activities, not only supporting people's employment and training needs, but also activities around their health and well-being needs improving people's self-esteem, self-belief and confidence, with particular focus on young people, over 50s and non-native speakers of other languages including refugees. BRC has also been successful commencing the delivery of Digital Divide via West Midlands Combined Authority.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Keith Sammonds
Peter Share
Mark Milligan
Raj Patla


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 September 2025

And signed on behalf of the board by:
Name: Peter Share
Status: Director

BILSTON RESOURCE CENTRE

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 889,196 916,656
Total fixed assets: 889,196 916,656
Current assets
Debtors: 4 641 13,902
Cash at bank and in hand: 170,935 191,234
Total current assets: 171,576 205,136
Creditors: amounts falling due within one year: 5 ( 11,441 ) ( 1,625 )
Net current assets (liabilities): 160,135 203,511
Total assets less current liabilities: 1,049,331 1,120,167
Total net assets (liabilities): 1,049,331 1,120,167
Members' funds
Profit and loss account: 1,049,331 1,120,167
Total members' funds: 1,049,331 1,120,167

The notes form part of these financial statements

BILSTON RESOURCE CENTRE

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Peter Share
Status: Director

The notes form part of these financial statements

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life : Fixtures, fittings & equipment Property Other Fixed Assets 25% per annum on straightline basis 4 % per annum on straightline basis 10% per annum on Straightline basis

    Other accounting policies

    Cash flow statement Incoming Resources Resources Expended Taxation Fund Accounting Pension Costs

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 7 7

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 1,291,483 0 17,760 1,746 1,310,989
Additions 37,329 37,329
Disposals
Revaluations
Transfers
At 31 March 2025 1,291,483 37,329 17,760 1,746 1,348,318
Depreciation
At 1 April 2024 379,508 0 13,952 873 394,333
Charge for year 51,660 9,332 3,362 435 64,789
On disposals
Other adjustments
At 31 March 2025 431,168 9,332 17,314 1,308 459,122
Net book value
At 31 March 2025 860,315 27,997 446 438 889,196
At 31 March 2024 911,975 0 3,808 873 916,656

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 465 13,902
Prepayments and accrued income 176
Total 641 13,902

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 1,478 1,625
Taxation and social security 563
Accruals and deferred income 9,400
Total 11,441 1,625

BILSTON RESOURCE CENTRE

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Financial Commitments

At 31 March 2023 the company had a commitment under a non-cancellable operating lease from Bilston Neighbourhood Church for a term of 25 years, commencing January 2014 until December 2038. This lease commits the company to an annual rent of £8,000 p.a. to cover its occupation of the Phase 1 annexe at St Michaels Mission, Wolverhampton Street, Bilston WV14 0LT, to deliver its services and programmes. At the expiry of the term, the asset will revert back to the owners. In December 2018 the company entered into a second lease from St Michaels Neighbourhood Church for a term of 20 years. This lease commits the company to an annual rent of £1,400 p.a. to cover its occupation of the Phase 2 annexe at St Michaels Mission, Wolverhampton Street, Bilston WV14 0LT, to deliver its services and programmes. At the expiry of the term, the asset will revert back to the owners. Under 1 year 9400 1 to 5 years 37600 Over 5 years 112800