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|---|---|
|Reference and Administrative<br>Details||
|Report ofthe Trustees|2-8|
|Report ofthe Independent<br>Auditors|9-10|
|Consolidated<br>Statement ofFinancial Activities||
|Consolidated<br>Balance Sheet|12|
|Consolidated<br>Statement ofCash Flows|13|
|Notes to the Financial<br>Statements|14-30|





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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|
|||Notes|||||
|Income and endowments|Irom:||||||
|Donations<br>and legacies|||140,726||140,726|4,568|
|Charitable<br>activities|||||||
|Supported<br>accornrnodation|||646,599||646,599|671,602|
|Other trading<br>activities|||51,162||51,162|138,545|
|Investments|||340,617||340,617|382,148|
|Total income and endowments|||1,179,104||1,179,104|1,196,863|
|Expenditure<br>on:|||||||
|Raising funds|||||||
|Subsidiary<br>-cost ofsales|||20,243||20,243|53,698|
|Subsidiary<br>-operating<br>costs|||97,781||97,781|75,122|
|Charitable<br>activities|||696,293||696,293|744,261|
|Other - Cost ofmanaging<br>investmeuts|||268,647||268,647|328,250|
|Total expenditure|||1,082,964||1,082,964|1,201,331|
|Net gains on investments||13|624,216||624,216||
|Net income|||720,356||720,356|(4,468)|
|Transfers<br>between<br>funds||19|||||
|Other recognised<br>gains/(losses):|||||||
|-Gains on revaluatiou<br>offreehold property||11|167,857||]67,857||
|-Actuarial<br>gains/(loss es) on|defined benefit pens ion plans|18|(2,136)||(2,136)|(2,924)|
|Net movement<br>offunds|||886,077||886,077|(7,392)|
|Reconciliation<br>offunds|||||||
|-Total funds<br>brought<br>forward|||6,845,714||6,845,714|6,853,106|
|-Total funds carried forward|||7,731,791||7,731,791|6,845,714|





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|||||2020|2019|2020|2019|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Company|Company|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets||||2,879,264|3,311,026|2,858,459|3,301,450|
|Investments||||||||
|-Investments|in subsidiaries||3, 12|||1|1|
|-Investment|property||13|4,460,000|3,305,000|4,460,000|3,305,000|
|||||7,339,264|6,616,026|7,318,460|6,606,451|
|Current assets||||||||
|Stocks|||14|1,667|1,884|1,350|1,463|
|Debtors|||15|65,570|97,315|105,307|126,254|
|Cash at bank|and in hand|||495,318|343,166|485,624|318,874|
|||||562,555|442,365|592,281|446,591|
|Liabilities||||||||
|Amounts<br>falling due within one year|||16|(99,302)|(127,878)|(95,217)|(131,371)|
|Net current assets||||463,253|314,487|497,064|315,220|
|Total assets less current||liabilities||7,802,517|6,930,513|7,815,524|6,921,671|
|Defined benefit pension scheme liability||||(70,726)|(84,799)|(70,726)|(84,799)|
|Net assets||||7,731,791|6,845,714|7,744,798|6,836,872|
|The funds|ofthe charity:||20|||||
|Unrestricted|funds:|||||||
|-General fund|||19|6,976,777|6,224,001|6,989,784|6,215,159|
|-Revaluation|reserve||19|755,014|621,713|755,014|621,713|
|Restricted income funds|||19|||||
|Total funds||||7,731,791|6,845,714|7,744,798|6,836,872|





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|||||||||2020||2019|
|---|---|---|---|---|---|---|---|---|---|---|
|Cash flo~ from operating|activities|||||||(131,933)||(225,952)|
|Cash flows from investing|activities||||||||||
|Rent received||||||||258,450||287,231|
|Service and rechargeable|expenses|||||||82,147||94,861|
|Deposit account interest||||||||20||56|
|Payments<br>to acquire tangible<br>fixed assets||||||||(38,844)||(104,609)|
|Proceeds &omdisposal|oftangible||flxed||ass ets|||661|||
|Cash flows from financing|activities||||||||||
|Interest paid<br>Repayment<br>ofborrowing||||||||(2,140)||(2,077)|
|Repayment ofpension<br>deficit||||||||(16,209)||(16,578)|
|Increase in cash and cash|equivalents|||||||152,152||32,932|
|Cash and cash equivalents|at|the beginning|||ofthe year|||343,166||310,234|
|Cash and cash equivalents|at|the end|ofthe year|||||495,318||343,166|
|Reconciliation ofnet incoming resources|||||before trans|fers|tonet cash flow from operating||activities||
|Net movement offunds||||||||886,077||(7,392)|
|Depreciation/Impairment<br>charges||||||||107,018||91,678|
|(Increase)/decrease<br>in stock||||||||217||798|
|increase)/decrease<br>in debtors||||||||31,745||48,141|
|Increase/(decrease)<br>in creditors||||||||(28,576)||17,970|
|Less:Unrealised<br>net gains|on|investments||||||(624,216)|||
|Less:Actuarial(gain)/loss|on|defined|benefit pension<br>plans|||||2,136||2,924|
|Less:Unrealised<br>net gains|on|revaluation||of&eehold property||||(167,857)|||
|Less:Rent received||||||||(258,450)||(287,231)|
|Less: Service and rechargeable||expenses||||||(82,147)||(94,861)|
|Less: Deposit account interest||||||||(20)||(56)|
|Add: Bank interest payable||||||||2,140||2,077|
|Net cash flow &om operating||activities||||||(131,933)||(223932)|
|Analysis ofchanges in net||(debt)/funds|||||||||
||||||||At|||At|
|||||||I|Jan 2020|Cashflows||31Dec2020|
|Cash at bank and in hand|||||||343,166|152,]52||495,318|
|Total Funds|||||||343,166|152,152||495,318|





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|2|Donations|and legacies|and legacies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2020|2019|
||Donations|||1,395||1,395|4,568|
||COVJD-19|government|grants|139,331||139,331||
|||||140,726||140,726|4,568|





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## 

||||||2020f|2019|
|---|---|---|---|---|---|---|
|Subsidiary|Sales||||45,817|133,218|
|Other income|||||5,345|5,327|
||||||51,162|138,545|
|||Barrowmore<br>Social Enterprise||Ltd|As reported|in subsidiary|
|||Per group|Consolidation||financial|statements|
|||Accounts|Adjustments||2020|2019|
|Turnover||45,817|35||45,852|133,796|
|Cost ofsales||(20,243)|(35)||(20,278)|(53,251)|
|Gross profit||25,574|||25,574|80,545|
|Government|grant income|53,633|||53,633||
|Operating|costs|(97,781)|(3,276)||(101,057)|(76,983)|
|Results forthe year||(18,574)|(3,276)||(21,850)|3,562|



||||Bar rowmore|As reportedin|subsidiary|
|---|---|---|---|---|---|
||||Social|financial|statements|
||||Enterpris es Ltd|2020|2019|
|Fixed Assets|||20,807|20,807|9,578|
|Current|Assets||15,793|15,793|38,994|
|Current|liabiTities||(49,606)|(49,606)|(39,728)|
||||(13,006)|(13,006)|8,844|
|Represented||by||||
|Share capital||and reserves|(13,006)|(13,006)||





## 

|4|Investments|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||Rents received|||||258,450|287,231|
||Service and rechargeable|expenses||||82,147|94,861|
||Deposit account interest|||||20|56|
|||||||340,617|382,148|
|5|Incoming Resources from||Charitable|Activities||||
|||||||2020|2019|
|||||Activity||||
||Barrowmore<br>House/Court:|rents||supported|accommodation|646,599|671,602|
|||||||646,599|671,602|
|6|Net income/(expenditure)||for the year|||||
|||||||2020|2019|
||This is stated after charging:|||||||
||Operating<br>leases - equipment|||||6,348|9,871|
||Depreciation|||||107,018|91,678|
||Bank interest payable|||||2,140|2,077|
||Auditors<br>remuneration|||||||
||-Audit fees|||||7,500|7,500|





## 

## 

|Staff Costs<br>The aggregated<br>payroll costs ofthe above were:|||
|---|---|---|
||2020|2019|
|Wages and salaries|486,164|485,650|
|Social security costs|36,638|39,495|
|Pension|21,991|21,679|
||544,793|546,824|



|The average <br>was:|monthly<br>head count was 26(2019:29)and the ave|rage number offull-thne<br>equivalent<br>employees|during the ye|
|---|---|---|---|
|||2020|2019|
|Management||||
|Supported|accommodation|||
|Administration||||
|Maintenance||||
|Cafe||||
|||17|19|





## 

|Expenditure|on Charitable<br>Activitie|s|s|||
|---|---|---|---|---|---|
|||Activities Undertaken||||
|||Supported||Total|Total|
|||Accommodation|Other|2020|2019|
|||||K||
|Staff costs||159,841||159,841|161,811|
|Rates &water||4,007||4,007|7,891|
|Light &heat||62,709||62,709|56,093|
|Telephone||639||639||
|Cleaning||7,188||7,188|8,325|
|Stafftraining||||||
|Provisions||44,493||44,493|46,419|
|Insurance||38,015||38,015|35,995|
|Postage &stationery||192||192|528|
|Legal &,professional||498||498|673|
|Depreciation||52,907||52,907|52,907|
|Loss on sale|ofassets|||||
|Leasing||3,174||3,174|4,935|
|Loan interest||2,140||2,140|2,077|
|Non recoverable VAT||12,110||12,110|24,298|
|Bad debts||6,452||6,452|(17,374)|
|Motor expenses||120||120|561|
|Repairs &renewals||30,342||30,342|47,235|
|Agency staff||692||692|7,301|
|Travel expenses||346||346|736|
|Sundries|||||142|
|Subscription|s|1,164||1,164|1,612|
|Animal<br>costs||1,406||1,406|8,418|
|Governance|costs (see below)|4,875||4,875|4,875|
|Support costs (see below)||262,983||262,983|288,803|
|||696,293||696,293|744,261|





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|Governance<br>and Support costs|||||
|---|---|---|---|---|
||||Total|Total|
||Support|Governance|Unres tricted|Unrestricted|
||Costs|Costs|2020|2019|
|Staffcosts|302,912||302,912|318,169|
|Light &heat|15,677||15,677|14,023|
|Telephone|4,410||4,410|7, 122|
|Cleaning|267||267||
|Stafftraining|339||339|1,394|
|Postage &stationery|1,751||1,751|3,038|
|Advertising||||89|
|Legal &professional|9,614||9,6]4|8,103|
|Depreciation|36,977||36,977|23,869|
|Bank charges|2,318||2,3]8|3,684|
|Leasing|3,174||3,174|4,935|
|Computer costs|3,193||3,193|3,094|
|Motor expenses|2,196||2,196|4,189|
|Repahs &renewals|19,470||19,470|40,950|
|Agency staff||||2,326|
|Travel expenses|415||415|1,552|
|Sundries|(1,038)||(1,038)|5,081|
|Subs criptions|2,914||2,914|2,695|
|Auditor's<br>remuneration||7,500|7,500|7,500|
||404,589|7,500|412,089|451,813|





## 

## 

|Other —Cost ofManaging<br>Investments|||
|---|---|---|
||Total|Total|
||Unres tricted|Unrestricted|
||2020|2019|
|Rates &water|7,500|(ROTI|
|Light &heat|50,047|66,894|
|Telephone|8,101|9,397|
|Insurance|7,588|8,346|
|Postage &stationery|754|549|
|Legal &professional|1,195|22,284|
|Depreciation|13,512|13,512|
|Bad debts|12,614|15,120|
|Motor expenses||394|
|Repairs &renewals|22,545|35,466|
|Loss on sale ofassets|560||
|Subscriptions||360|
|Governance costs (see Note 8)|2,625|2,625|
|Support costs (see Note 8)|141,606|155,510|
||268,647|328,250|



## 



## 

|11|Tangible Fixed Assets||||||
|---|---|---|---|---|---|---|
||Group||||||
|||Freehold|Plant and|Fixtures<br>and|Motor||
|||property|machinery|fittings|Vehicle|Total|
||Cost/Valuation||||||
||At 1January<br>2020|3,873,584|13,684|323,704|500|4,211,471|
||Additions|||34,594|4,250|38,844|
||Trans fers|(653,605)||||(653,605)|
||Revaluations|(439,979)||||(439,979)|
||Disposals|||(661)||(661)|
||At 31December 2020|2,780,000|13,684|357,637|4,750|3,156,070|
||Depreciation||||||
||At 1January<br>2020|653,185|12,963|233,897|400|900,445|
||Charge for year|77,472|360|27,876|1,310|107,018|
||Trans fers|(122,821)||||(122,821)|
||Revaluations|(607,836)||||(607,836)|
||Eliminated<br>on disposal||||||
||At 31December 2020||13,323|261,773|1,710|276,806|
||Net Book Value||||||
||At 31December 2020|2,780,000|361|95,864|3,040|2,879,264|
||At 31December 2019|3,220,399|721|89,807|100|3,311,026|





## 

|Tangible Fixed Assets (Continued)||||||
|---|---|---|---|---|---|
|Company||||||
||Freehold|Plant and|Fixtures and|Motor||
||property|machinery|fittings|Vehicle|Total|
|Cost/Valuation||||||
|At 1January<br>2020|3,873,584|13,684|307,011||4,194,779|
|Additions|||19,083|4,250|23,333|
|Trans fers|(653,605)||||(653,605)|
|Revaluations|(439,979)||||(439,979)|
|Disposals||||||
|At 31December 2020|2,780,000|13,684|326,094|4,750|3,124,528|
|Depreciation||||||
|At 1January<br>2020|653,185|12,963|226,781||893,329|
|Charge for year|77,472|360|24/55|1,310|103,397|
|Trans fers|(122,821)||||(122,821)|
|Revaluations|(607,836)||||(607,836)|
|Eliminated<br>on disposal||||||
|At 31December 2020||13,323|251,036|1,710|266,069|
|Net Book Value||||||
|At 31December 2020|2,780,000|361|75,058|3,040|2,858,459|
|At 31December 2019|3,220,399|721|80,230|100|3,301,450|





## 

|Company|
|---|
|Cost|
|At 1January<br>2020|
|Amounts<br>written offin year|
|At 31December 2020|



|The princ|ipa|l<br>group|undeitakin|gs<br>which are|all incorpomted|in England<br>and|Wales:||
|---|---|---|---|---|---|---|---|---|
|||||||||% ofissued|
||||||||Issuedshare|ordinary shares|
||||||Activity||Capital|capital held|
|Barrowmore||Social|Enterprise|Limited|Operation|ofcafe||100%|
|Company|Number:||08772299||||||



|13|Investment<br>Property —Group and Company||
|---|---|---|
||Cost/Valuation||
||At 1January<br>2020|3,305,000|
||Additions||
||Trans fers|530,784|
||Revaluations|624,216|
||At 31Deceinber 2020|4,460,000|
||Net Book Value||
||At 31December 2020|4,460,000|
||At 31December 2019|3,305,000|





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|Stocks||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Group||Company||
||||||2020||2019|2020|2019|
||||||f||f|||
|Provisions|||||1,350||1,022|1,350|1,022|
|Animals|||||||441||441|
|Goods for|resale||||317||421|||
||||||1,667||1,884|1,350|1,463|
|Debtors:|Amounts||falling due within|one year||||||
|||||||Group||Company||
||||||2020||2019|2020|2019|
||||||||f||f|
|Trade debtors|||||65,140||96,034|59,412|105,049|
|Amounts|owed by group undertakings|||||||45,521|20,376|
|Prepayments||and accrual income|||||873||455|
|Other debtors|||||430||408|374|374|
||||||65,570||97,315|105,307|126,254|



## 

## 

|Liabilitie|s: Amounts|falling due within<br>|one year|||||
|---|---|---|---|---|---|---|---|
|||||Group||Company||
||||2020||2019|2020|2019|
|||||||f||
|Trade creditors|||11,215||42,440|9,516|50,600|
|Taxation|and social security||15,740||17,381|14,349|13,709|
|Other creditors|||35,460||33,836|35,460|33,836|
|Amounts|owed to group undertakings|||||||
|Accruals|and deferred|inconm|36,887||34,221|35,892|33,226|
||||99,302||127,878|95,217|131,371|





## 

|17|Operating|Lease Commitments|Lease Commitments|Lease Commitments|||||
|---|---|---|---|---|---|---|---|---|
||The following||operating|lease payments|are committed|to be paid over the following period:|||
||||||||2020|2019|
||Expiring:||||||||
||Within one|year|||||6,997|5,505|
||Between one||and five years||||3,323|5,322|
||||||||10,320|10,827|



## 

|Reconciliation ofopening<br>and closing de|fined ben|efit pension<br>liabili|ty:||||
|---|---|---|---|---|---|---|
|||||2020||2019|
|Present value ofliability at start ofperiod||||84,799||98,453|
|Unwinding<br>ofthe discount factor|||860||1,561||
|Remeasurements<br>-impact ofany change|in assumptions||1,216||1,303||
|Remeasurements<br>-amendments<br>to the contribution||schedule|60||60||
|||||2,136||2,924|
|Deficit contributions<br>paid||||(16,209)||(16,578)|
|Present value ofliability at end ofperiod||||70,726||84,799|
|Discount rate applied for the year||||0.27%||1.13%|





## 

|19|Movement||in Funds||||
|---|---|---|---|---|---|---|
||||||Net||
|||||At|movement|At|
|||||1Jan 2020|in funds|31Dec2020|
||Unrestricted||funds||||
||General fund|||6,224,001|752,776|6,976,777|
||Revaluation||reserve|621,713|133,301|755,014|
|||||6,845,714|886,077|7,731,791|
||Restricted|funds|||||
||Total Funds|||6,846,714|886,077|7,731,791|



||||Incoming|||||
|---|---|---|---|---|---|---|---|
||||Resources|Resource||Gains and||
||||in funds|expended|Transfer|Losses|Movement|
|Unres tricted||funds||||||
|General fund|||1,179,104|(1,082,964)|34,556|622,080|752,776|
|Revaluation||reserve|||(34,556)|167,857|133,301|
|Restricted|funds|||||||
|Restricted|fund|||||||
|Total Funds|||1,179,104|(1,082,964)||789,937|886,077|





## 

## 

|||||2020|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|||
|Tangible fixed assets||2,879,264||2,879,264|
|Fixed asset investments||4,460,000||4,460,000|
|Cash at bank and in hand||495,318||495,318|
|Other net current assets/(liabilities)||(32,065)||(32,065)|
|Creditors<br>falling due in more than one year|||||
|Defined benefit pension|scheme liability|(70,726)||(70,726)|
|||7,731,791||7,731,791|
|||||2019|
|||Unrestricted|Restricted|Total|
|||funds|||
|||f|||
|Tangible<br>fixed assets||3,311,026||3,311,026|
|Fixed asset investments||3,305,000||3,305,000|
|Cash at bank and in hand||343,166||343,166|
|Other net current assets/(liabilities)||(28,679)||(28,679)|
|Creditors<br>falling due in more than one year|||||
|Defined benefit pension|scheme liability|(84,799)||(84,799)|
|||6,845,714||6,845,714|



##