CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From
Perlod start date 1" Aprll 2023
To
31•t March 2024
Perlod end date
Charity name: The Barnard College Charitable Trust
Charity registratlon number:1063343
Objectives and Activities
SORP reference
Para 1.17
Summary of the purposes of
the charity as set out in its
goveming document
The objectives and aims of the charity are:
The advancement of education, in
particular, the education of students
attending Barnard College, Columbia
University, New York by awarding
scholarships, exhibitions, bursaries or
maintenance allowances tenable at the
College, and
at any other educational establishment
approved by the Trustees to people in
need of financial assistance, furthering
the education of such persons
The Charity aims to achieve its objectives by
making grants to Barnard College. During the
period the Charity received donations and Gift
Aid of £243,765, all of which was granted to
the College. The bulk of the donations and 8ift
aid {£196,865) were to be used to fund the
Va8elos Science Centre.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
ser4ices identified in the
accounts.
Para 1.17and
1.19
The remaining donations of £46,9() were part
of the Annual Giving Day Campaign and were
unrestricted. One donation was to be used for
financial aid.
Public benefft
The Trustees believe that the grants to Barnard
College ultimately result in benefitting the
wider public through furtherin8 education and
research.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18
The Trustees confirm that they have complied
with the requirements of section 17 of The
Charities Act 2011 to have due regard to the
public benefit guidance published by the
Charity Commission for England & Wales when
reviewing the charity's aims and objectives and
in planning future activities.
Additional informatlon (optlonal)
You ma
choose to include further statements where relevant about:
SORP rolerence
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38
Other
Achievements and Performance
SORP relerenco
In the Financial Year ending 31. March 2024
the Charity received £243,765 in donations and
Gift Aid. Grants to the value of £243,765 were
made to Barnard College. The largest portion
of the grant was to fund the Vagelos Science
Center renovation which prepares youn8
women for careers in science, technology,
engineering, and math {STEMI fields.
The charity continues to work to improve and
develop funding for educational
establishments, in particular, for financial aid
towards deserving students and plans to
continue these activities in the future
Summary of the main
achievements of the charity,
identifying the difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20
Additional informatlon (optional)
You ma
choose to include further statements where relevant about:
In the Financial Year ending 31st March 2024
the Charity received £243,765 in donations and
Gift Aid. Grants were made to Barnard College
totalling £243,765 granted to the Alumni Fund
and the Vagelos Science Centre Fund.
Achievements against
objectives set
P8ro 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other
Financial Review
Review of the charity's
financial position at the end
of the period
P8rg 1.21
In the year under review, the charity received a
total income of £243,7801£196,865 of which
was restricted income) and incurred
expenditure of £245,008 which included grants
of £243,765 to Barnard College.
There were no surplus funds as at 31 March
2024.
The Charity aims to keep minimum resenies of
£1,(.
Statement explaining the
policy for holding reserves
statin
are held
Amount of reserves held
Reasons for holding zero
reserves
Details of fund materially in
deficit
Explanation of any
uncertainties about the
charity conts'nuing as a going
conrn
Para 1.22
Para 1.22
1£106)- 2023 - £1,222
All resenles were expended for charitable,
support and
overnance purposes.
None
Para 1.22
Para 1.24
Para 1.23
There are no concerns as the trustees continue
to provide assurance that they will support the
charity for at least 12 months from the date of
si
ning of thi5 report.
Additional Infomlation (optional)
You ma
choose to include further statements where relevant about:
The charity's principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objeckn'ves including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other
Structure, Governance and Management
Description of charity's
trusts:
Type of goveming document
(trust deed. royal chailei-l
How is the charity
constituted?
(e.g Ulllllborporated
a*%oriAtion CIC))
Twstee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Par8 1.25
Trust deed dated 18th June 1997 arnended by
a deed dated 01 Mar 2(K)l and 27 Oct 2020
It is an unincorporated association.
Para 1.25
Para 1.25
The power of appointing new trustees of the
charity shall be vested in the president for the
time being of Barnard College or if there is no
such person willing and able to make such an
appointment in the sur4iving or continuing
trustees and the said president shall have
power exercisable by deed to remove any
trustee.
Any person who is for the time being the Vice
President for Development and Alumnae
Affairs of Barnard College shall become and
remain a Trustee during his/her term of office
as such Vice President and shall be deemed to
have retired on ceasing to hold such office (but
nothing in this sub-clause shall prevent the
continuing Trustees from appointing a former
Trustee including a former Vice President to be
a new or additional trusteel. If the power of
appointing new trustees is exercisable by the
Trustees. then a new trustee hereof may be
appointed by resolution of a meeting of the
Trustees and whenever a trustee is so
appointed a memorandum of his appointment
shall be prepared and signed by the person
presiding and attested by two other persons
present at such meeting.
The Trustees recruit and appoint Trustees as
and when required.
Additlonal information (optional)
You ma
choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
P8r8 1.51
The charity's organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other
Reference and Administrative details
Chari
name
Other name the chari
uses
Re
istered chari
number
Charity's principal address
The Bamard Colle
e Charitable Trust
1063343
99 Durlston Road. London E5 8RP
Names of the charity trustees who manage the charlty
Trustee name
Datos acted If not for whole
ear
Office (If ony)
Name ol person (or body) entitl•d
toa
oint trustee
rfan
Kelly Trevor
Lisa Ann Yeh
th
1" Apr 2023 to 16 Jan
2024
1" Apr2023 to 11 Jun
2023
Sian Beilock
th
President of Barnard College
Leila Bassi
Laura Rosenbury
th
16 Aug 2023 to 31 Mar
2024
4° April 2023 to 31 Mar
2024
President of Barnard College
Frances Brinley
Bruton
10
11
12
13
14
15
16
17
18
19
20
Cor
orate trustees - narnes of the directors at the date the re
Director name
ortwasa
roved
Name of trustees holding title to property belonging to the charity
Trustse name
Dates acted rf not for whole
ear
Funds held as custodian trustees on behalf of others
Description of the assets
held in this capacity
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity's own
assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of
Name
Address
adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non4isclosure of ke
ersonnel details
Other o
tional information
Declarations
The trustees declare that they have approved the trustees, rèport above.
Signed on behalf of the Charlty's trustees
Signature(s)
Full name(s)
Positlon (eg Secretary,
Chair, etc)
Date
fR4JoF-
zbiqiig
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to the trustees
Bamard College Charitable Tnjst
On accounts for th8 year
ended
3110312024
Charity no
(If any)
1063343
Set out on pages
TAR and Accounts set out on pages 3-14
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trust.) for the year ended 3110312024.
Responsibilities and
basis of report
As the charity's trustees, you ar8 responsible for the preparation of th8
8ccounts in accordance with the requirements of the Charities Act 2011
(Ihe Acr).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b} of the Act.
Independent
examiner's statement
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination (other than that
disdosed below ") which gives me cause to believe that in. any material
respect:
the accounting records were not kept In accordance with section 130
of the Charities Act; or
the accounts did not accx)rd with the accounting records,. or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any r8quirement
that the accounts give a 'true and fairf view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection
with the examination to which attents'on should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
. Please delete th8 words in the brackets rf they do not apply.
Slgned:
Date:
2310912024
Name:
Dipakkumar Shah FCA
Relevant professional
qualification(s) or body
(if any):
ICAEW
IER
Oct 2018
Address:
Nielsens Accountsnts Ltd
The Gatehouse, 453 Cranbrook Road
Ilford IG2 6EW
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concem
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Glve here brief detslls of
any items that the
examlner wishes to
dlsclosa.
None
IER
Oct 2018
Bamard Cowe CharflalXeTrust
1063343
99 Lhjrfslon Road London E5 8RP
Annual accounts for the
eriod
$lart
dole
To
Pori1 or1 ,'
0110412D23
3110312024
Section B
Balance sheet
Vnrnstrlcknd A••trlcl•d Incom• Endty*m•nt Tol•l Ihl8
fund•
ndA
ndg
y••r
y•ar
Flxed a88et8
Intanglbl• au•t•
Tanglble a88•t$
H¢rltag• a88•t•
Inv•stm•nts
F01
F02
F03
F04
FOS
{Not• 15)
(Not• 14)
(Not? 161
INote 17)
Total flx•d •ss•¢¥
Cun*nt assets
Stoek•
{Not• 18)
D•blor•
(Not• 19)
Investments
(Note 17.4)
Ca•h at bank and In hand (Note 24)
Tot•1 cunt assets
764
764
764
764
1.842
eio
Credttors: amounts falllng du• wfthln
on• y•ar
(Not• 20)
B11
870
870
720
Net currnnt •8$•t(lI*bIIItI0sj
B12
Tot•l •ss•¢$ l•ss cumt Ilabllltl•s
813
Creditors: amounts falllng due aft•r
ono yoar
(Note 201
Provlslon$ for Ilabillths
81$
Total not •ss•ts or liabllltks
Funds of the Charity
Endowment funds (Note 27)
R•strlct•d Income fund$ (N¢•• 27)
Unrostrtcted funds
816
1(
817
918
819
1.122
Revaluatlon reserv•
Total funds
Slgned by one or tnsstees on behaff of
8U the tNstees
Dale of
approval
ddlrlwnlyyyy
Sgnaturn
Prnl Name
The Bamard Couege Charltsble Trust
Cha
No
1063343
Annual accounts for the
eriod
01A)412023
end date 3110312024
Section A Statement of financial activities (including summary
income and expenditure account)
RQMmand0d categorl8s ty
actlvlty
Urtr•Btrlct•d Incom• Endowmnt Tolal Prlor year
fvnd8
funds
lunds
lund8
funds
Incomo (Note 3)
Incom• and 0ndowmo froThL"
DonoboTr8 8nd
F01
F02
F03
F04
F05
S01
196,865
243,765
239,000
Chantatle ti¥ll
S02
Othrtrading
Invastm•nt6
S03
S8parAI8 ma18nAI of In¢Lyn•
15
46.915
15
243,780
1,285
240.285
Total
Expendlture (Notas 6)
Exp¢ndltur•
on-
196,865
Sints fiJr¥du
CharttSb aeb
196,865
243,765
239,000
Separate rnate •XP8ng8#•m
l)ther
S10
S11
1.243
48.143
1,243
245,fJ)8
1,216
240,216
Total
S12
1*,865
Net incomel(expondlturn)
before tax for the reportlng
p•riod
Tax payat4
S13
1.228
S14
lax fOre Investment
galnsl(losses)
Not goingllk)s>
on Investmen1•
S1S
1,228
N•t Incomel(expendlturn)
Extrdordina
ry Items
Tran8fer8 ITr fund8
other recognlged
G*n8 8nd losses OTr df•
a$60ts forthe u88
Olher
921n8111088881
Net movement in fvnds
S17
1.228
1,228
S18
S19
S21
69
Reconclllatl
onof
funds."
Tcl•l fvndl btyJgMfrfi¥wd
Total funds Can¥ fonvard
S23
1,122
106
1,122
1(
1,153
1,222
S24
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Report to the trustees|Barnard College Charitable Trust|
|On accounts for the year|31/03/2024|Charity no|1063343|
|ended|(if any)|
|Set out on pages|TAR and Accounts set out on pages 3-14|
|I report to the trustees on my examination of the accounts of the above|
|charity (“the Trust”) for the year ended|31/03/2024|.|
|Responsibilities and|As the charity's trustees, you are responsible for the preparation of the|
|basis of report|accounts in accordance with the requirements of the Charities Act 2011|
|(“the Act”).|
**----- End of picture text -----**
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- _Please delete the words in the brackets if they do not apply._
**----- Start of picture text -----**
||||
|---|---|---|
|Signed:|Date:|23/09/2024|
|[|
|Name:|Dipakkumar Shah FCA|
|Relevant professional|ICAEW|
|qualification(s) or body|
|(if any):|
**----- End of picture text -----**
**Oct 2018**
1
**IER**
**Address:** Nielsens Accountants Ltd
The Gatehouse, 453 Cranbrook Road
Ilford IG2 6EW
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of** None **any items that the examiner wishes to disclose** .
**Oct 2018**
2
**IER**