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||||Page|
|---|---|---|---|
|Reference and Administrative||Details||
|Report ofthe Trustees||||
||||2-7|
|Report ofthe Independent<br>Auditors|||8-9|
|Consolidated|Statement ofFinancial Activities|||
||||10|
|Consolidated|Balance Sheet|||
|Consolidated|Statement ofCash|Flows||
||||12|
|Notes to the Financial<br>Statements||||
||||]3-28|





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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unn:sti1cted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
||||Notes|||||
|Income and endowments||from:||||||
|Donations<br>and legacies||||4 343||4,343|81,293|
|Charitable<br>activities||||||||
|Supported<br>accommodation|||5|627,571||627,571|633,094|
|Other trading activities|||3|165,330||165,330|92,126|
|Investments|||4|356,055||356,055|353,867|
|Total income and endowments||||1,153,299||1,153,299|1,160,380|
|Expenditure<br>on:||||||||
|Raising funds||||||||
|Subsidiary - cost ofsales|||3|64,461||64,461|30,534|
|Subsidiary - operating costs|||3|110,892||110,892|91,209|
|Charitable<br>activities|||8|747,680||747,680|713,813|
|Other - Cost ofmanaging|investments||9|248,985||248,985|274,834|
|Total expenditure||||1,172,018||1,172,018|1,110,390|
|Net gains on investments|||13||||350,000|
|Net income||||(18,719)||(18,719)|399,991|
|Transfers<br>between<br>funds|||19|||||
|Other recognised gains/(lo sses):||||||||
|-Gains on revaluation<br>of|freehold property||1]|||||
|-Actuarial gains/(losses)|on defined benefit pension plans||18|(1,202)||(1,202)|38,445|
|Net movement offunds||||(19,921)||(19,921)|438,436|
|Reconciliation<br>offunds||||||||
|- Total funds brought|forward|||8,170,227||8,170,227|7,731,791|
|- Total funds carried forward||||8,150,306||8,150,306|8,170,227|





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|||||2022|2021|2022|2021|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Company|Company|
||||Notes|||||
|Axed assets||||||||
|Tangible assets|||11|2,757,401|2,798,076|2,745,492|2,780,616|
|Investments||||||||
|- Investments|in subsidiaries||3, 12|||1|1|
|- Invesnnent<br>property|||13|4,810,000|4,810,000|4,810,000|4,810,000|
|||||7,567,401|7,608,076|7,555,493|7,590,617|
|Current<br>assets||||||||
|Stocks|||14|1,617|1,317|1,300|1,000|
|Debtors|||15|97,153|61,320|113,151|96,125|
|Cash at bank|and in liand|||67],170|649,448|670,021|630,894|
|||||769,940|712,085|784,472|728,019|
|Liabilities||||||||
|Amounts<br>Jailing due within one year|||16|(177,889)|(132,946)|(168,629)|(129,097)|
|Net current|assets|||592,051|579,139|615,843|598,922|
|Total assets less current liabilities||||8,159,452|8,187,215|8,171,336|8, 1 &9,539|
|Defined benefit pension scheme||IiabiTity|18|(9,146)|(16,988)|(9,146)|(16,988)|
|Net assets||||8,150,306|8,170,227|8,162,190|8,172,551|
|The funds|ofthe charity:||20|||||
|Unrestricted<br>funds:||||||||
|- General fund|||19|7,426,992|7,431,063|7,438,876|7,433,387|
|- Revaluation|reserve||19|723,314|739,164|723,314|739,164|
|Restricted income funds|||19|||||
|Total funds||||8,150,306|8,170,227|8,162,190|8,172,551|





## 

||||2022|2021|
|---|---|---|---|---|
|Cash flows from operating<br>activities|||(265,789)|(174,245)|
|Cash flows from investing<br>activities|||||
|Rent received|||268,677|263,741|
|Service and rechargeable<br>expenses|||87,378|90,126|
|Payments<br>to acquire<br>tangible<br>fixed assets|||(59,501)|(9,147)|
|Cash flows from financing<br>activities|||||
|Interest paid||||(1,051)|
|Pension scheme expenses|||(1,400)||
|Repayment ofpension deficit|||(7,643)|(15,293)|
|Increase in cash and cash equivalents|||21,722|154,131|
|Cash and cash equivalents<br>at the beginning ofthe year|||649,448|495,31&|
|Cash and cash equivalents<br>at the end of|the year||671,170|649,449|
|Reconciliation ofnet incoming resources|before transfers|to net cash flowfrom operating<br>activities|||
|Net movement offiiixis|||(19,921)|438,436|
|Depreciation/Impairment<br>charges|||100,175|90,336|
|(increase)/decrease<br>in stock|||(300)|350|
|(Increase)/decrease<br>in debtors|||(35,833)|4,250|
|Increase/(decrease)<br>in creditors|||44,943|33,644|
|Less:Unrealised<br>net gains on investments||||(350,000)|
|Less:Actuarial<br>(gain)/loss<br>on defined benefit|pension plans||1,202|(38,445)|
|Less:Rent received|||(268,677)|(263,741)|
|Less: Senrice and rechargeable<br>expenses|||(87,378)|(90,126)|
|Add: Bank interest payable||||1,051|
|Net cash fiow fiom operating<br>activities|||(265,789)|(174,245)|
|Analysis ofchanges in net (debt)/funds|||||
|||At||At|
|||1Jan 2022|Cashflows|31Dec 2022|
|Cash at bank and in hand||649,448|21,722|671,170|
|Total Funds||649,448|22,722|671,170|



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|Donations|and legacies|||||
|---|---|---|---|---|---|
|||Umv, stricted|Restricted|2022|2021|
|Donations||1,676||1,676|6,430|
|Government|gi ants|2,667||2,667|74,863|
|||4,343||4,343|81,293|





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|3|Other trading|Other trading|Other trading|activities||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||Subsidiaty||Sales|||||165,312|91,672|
||Other income|||||||18|454|
|||||||||165,330|92,126|
||||||Barrowmore<br>Social Enterprise||Ltd|As reported in subsidiary||
||||||Per group|Consolidation||fmancial statements||
||||||Accounts|Adjustments||2022|2021|
||Turnover||||165,312|1,460||166,772|91,711|
||Cost ofsaks||||(64,461)|||(64,461)|(30,534)|
||Gross profit||||100,851|1,460||102,311|61,177|
||Government||grant|income|2,667|||2,667|49,727|
||Opemting|costs|||(110,892)|(3,646)||(114,538)|(100,221)|
||Results for||the year||(7,374)|(2,186)||(9,560)|10,683|



|||Barrowmore|As reported in subsidiary|As reported in subsidiary|
|---|---|---|---|---|
|||Social|financial statements||
|||Enterprises<br>Ltd|2022|2021|
|Fixed Assets||11,909|11,909|17,459|
|Current Assets||1,859|1,859|18,871|
|Ctm ent liabilities||(25,651)|(25,651)|(38,653)|
|||(11,883)|(11,883)|(2,323)|
|Represented|by||||
|Share capital|and reserves|(11,883)|(11,883)|(2,323)|





## 

|4|Investments||||
|---|---|---|---|---|
||||2022|2021|
||Rents received||268,677|263,741|
||Service and rechargeable|expenses|87,378|90,126|
||||356,055|353,867|



|5|Incoming|Resources|from|Charitable|Activities||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||K||
||||||Activity||||
||Banowmore|House/Court:|rents||supported|accommodation|627,571|633,094|
||||||||627,571|633,094|



## 

|Net income/(expenditure)<br>for the year|||
|---|---|---|
||2022|2021|
|This is stated after charging:|||
|Operating<br>leases - equipment|5,117|3,778|
|Depreciation|100,175|90,336|
|Bank interest payable||1,051|
|Auditors<br>remuneration|||
|- Audit fees|7,950|7,950|
|-Other fees|2,000||





## 

|Staff Costs<br>The aggregated<br>payroll costs ofthe above were:|||
|---|---|---|
||2022|2021|
|Wages and salaries|475,892|474,537|
|Social secuig~ costs|31,348|36,309|
|Pension|20,670|18,665|
||527,910|529,511|



|The average<br>was:|monthly<br>head count was 24 (2021:25) and the av|erage number offull-time<br>equivalent<br>employees|during the ye|
|---|---|---|---|
|||2022|2021|
|Management||||
|Suppoited|accommodation|||
|Administration||||
|Maintenance||||
|Cafe||||
|||15|17|





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||Activities|Undertaken|||
|---|---|---|---|---|
||Supported||Total|Total|
||Accommodation|Other|2022|2021|
|StaC'costs|192,141||192,141|165,005|
|Rates &water|14,459||14,459|3,886|
|Light &heat|63,095||63,095|68,788|
|Cleaning|8,609||8,609|7,328|
|Provisions|56,390||56,390|42,810|
|Insurance|17,523||17,523|24,617|
|Postage &stationery|91||91|284|
|Legal &professional||||3,534|
|Depreciation|64,317||64,317|57,403|
|Leasing|2,559||2,559|1,889|
|Loan interest||||1,051|
|Non recoverable VAT|27,689||27,689|23,834|
|Bad debts|2,574||2,574|13,182|
|Computer costs|504||504||
|Repairs &renewals|72,531||72,531|58,152|
|Agency staff'|3,017||3,017|7,401|
|Travel expenses|450||450|289|
|Sundries|454||454|(1,396)|
|Subscriptions|1,071||1,071|1,035|
|Animal costs||||100|
|Computer<br>costs||||201|
|Governance<br>costs (see below)|6,468||6,468|5,168|
|SuPPort costs (see below)|213,738||213,738|229,252|
||747,680||747,680|713,813|





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|Governance|and Support costs|||||
|---|---|---|---|---|---|
|||||Total|Total|
|||Support|Governance|Unrestricted|Unre stricte d|
|||Costs|Costs|2022|2021|
|Staffcosts||239,089||239,089|285,986|
|Light 8cheat||14,506||14,506|4,261|
|Telephone||3,327||3,327|3,455|
|Cleaning||126||126|716|
|Postage k, stationery||1,129||1,129|1,829|
|Advertising||1,040||1,040|48|
|Legal Bcprofessional||9,796||9,796|13,017|
|Depreciation||23,301||23,301|22,154|
|Bank charges||2,044||2,044|2,371|
|Multi-employer|pension scheme costs|3,921||3,921||
|Leasing||2,559||2,559|1,889|
|Non recoverable|VAT|8,340||8,340||
|Computer<br>costs||1,277||1,277|2,983|
|Motor expenses||1,774||1,774|3,356|
|Repairs 4renewals||10,190||10,190|6,082|
|Travel expenses||955||955|411|
|Sundries||2,820||2,820|336|
|Sub scriptions||1,662||1,662|2,147|
|Animal costs||971||971|],655|
|Auditor's<br>remuneration|||9,950|9,950|7,950|
|||328,827|9,950|338,777|360,646|





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|Other —C|ost ofManaging<br>Investments|||
|---|---|---|---|
|||Total|Total|
|||Unrestricted|Unrestricted|
|||2022|2021|
|Rates &water||22,384|7,599|
|Light &heat||59,780|54,413|
|Telephone||7,649|7,408|
|Cleaning||2,527|5,250|
|Insurance||7,162|6,848|
|Postage k, stationery||170|128|
|Legal &professional||1,370|13,233|
|Depreciation||7,007|7,433|
|Bad debts||(10,840)|12,543|
|Motor expenses||67|297|
|Repairs &renewals||33,111|29,513|
|Loss on sale|ofassets|||
|Sundries||27|3,942|
|Governance|costs (see Note 8)|3,482|2,783|
|Support costs (see Note 8)||115,089|123,444|
|||248,985|274,834|



## 



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|Tangible Fixe<br>Group|d Assets||||||
|---|---|---|---|---|---|---|
|||Freehold|Plant and|Fixtures<br>and|Motor||
|||property|machmery|fittmgs|Vehicle|Total|
|||||||f,|
|Cost/Valuatio|n||||||
|At I January 2022||2,780,000|14,599|365,868|4,750|3,165,217|
|Additions||||59,501||59,501|
|Disposals|||(652)||(500)|(1,152)|
|At 31 December|2022|2,780,000|13,947|425,369|4,250|3,223,566|
|Depreciation|||||||
|At 1 January 2022||55,600|13,790|295,192|2,560|367,142|
|Charge for year||55,600|183|43,542|850|100,175|
|Eliminated<br>on disposal|||(652)||(500)|(1,152)|
|At 31December|2022|111,200|13,321|338,734|2,910|466,165|
|Net BookValue|||||||
|At 31 December|2022|2,668,800|626|86,635|1,340|2,757,401|
|At 31 December|2021|2,724,400|809|70,676|2,190|2,798,075|





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|Company|||||||
|---|---|---|---|---|---|---|
|||Freehold|Plant and|Fixtures and|Motor||
|||property<br>f|machinery|fittings<br>f|Vehicle|Total|
|Cost/Valuatio|n||||||
|At 1 Januaty 2022||2,780,000|14,599|334,326|4,750|3,133,675|
|Additions||||59,501||59,501|
|Disposals|||(652)||(500)|(1,152)|
|At 31December|2022|2,780,000|13,947|393,827|4,250|3,192,024|
|Depreciation|||||||
|At 1 Januaty 2022||55,600|13,790|281,109|2,560|353,059|
|Charge for year||55,600|]83|37,992|850|94,625|
|Elsninated<br>on disposal|||(652)||(500)|(1,152)|
|At 31December|2022|111,200|13,321|319,101|2,910|446,532|
|Net BookValue|||||||
|At 31 December|2022|2,668,800|626|74,726|1,340|2,745,492|
|At 31December|2021|2,724,400|809|53,217|2,190|2,780,616|





## 

|12|Fixed Asset Investments|
|---|---|
||Company|
||Cost|
||At I .Ianuary 2022|
||Ainounts<br>written offin year|
||At 31December 2022|



|Fixed Asse|t Investments|||||||
|---|---|---|---|---|---|---|---|
||||||||Interest in group|
||||||||undertakings|
|Company||||||||
|Cost||||||||
|At I .Ianuary|2022|||||||
|Ainounts<br>written offin year||||||||
|At 31December 2022||||||||
|The principal|group undertakings|which air all incorporated||in England|and Wales;|||
||||||||%ofissued|
|||||||Issued share|ordinary<br>shares|
||||Activity|||Capital|capital held|
|Barrowmore|Social Enterprise|Limited|Operation ofca&.|||I|100%|
|Company Number: 08772299||||||||



|13|Investment<br>Property —Group and Company||
|---|---|---|
||Cost/Valuation||
||At 1 January 2022|4,810,000|
||Additions||
||Transfers||
||Revaluations||
||At 31 December 2022|4,810,000|
||Net BookValue||
||At 31December 2022|4,810,000|
||At 31December 2021|4,810,000|





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|Stocks||||||
|---|---|---|---|---|---|
|||Group||Company||
||2022||2021|2022|2021|
|Provisions|1,300||1,000|1,300|1,000|
|Goods for resale|317||317|||
||1,617||1,317|1,300|1,000|



## 

|Debtors: A|mounts|fal|ling due within<br>o|ne year|||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Company||
|||||2022||2021|2022|2021|
|Trade debtors||||82,497||58,793|82,105|58,793|
|Amounts<br>owed by group undeitakings|||||||16,390|34,805|
|Prepayments|and accrued income|||14,282||2,153|14,282|2,153|
|Other debtors||||374||374|374|374|
|||||97,153||61,320|113,151|96,125|
|Liabilities:|Amounts||falling due within|one year|||||
||||||Group||Company||
|||||2022||2021|2022|2021|
||||||||f||
|Trade creditors||||21,153||8,384|18,816|6,933|
|Taxation and|social secuiity|||40,689||49,011|34,761|47,608|
|Other creditors||||39,336||31,717|39,336|31,717|
|Accruals and|defended|income||76,711||43,834|75,716|42,839|
|||||177,889||132,946|168,629|129,097|



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|Operating<br>Lease Commitments<br>The foHowing operating lease payments<br>are committed<br>to be paid|over the following period:||
|---|---|---|
||2022|2021|
|Expiring:|||
|Within one year|814|2,239|
|Between one and five years|2,080|1,084|
||2,894|3,323|





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|Reconciliafion o|fopening and clo|sing def|ined benef|it pension<br>liability:|||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|Present value ofliability at start ofperiod||||||16,988||70,726|
|Unwinding ofthe|discount fiictor||||139||169||
|Remeasurements|- impact ofany|change|in assuniptions||(338)||(192)||
|Remeasurements|- amendments|to the contnbution||schedule|||(38,422)||
|||||||(199)||(38,445)|
|Deficit contributions<br>paid||||||(7,643)||(15,293)|
|Present value of|liabiTity at end ofperiod|||||9,146||16,988|
|Discount rate applied for the year||||||4.96%||1.18%|





## 

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|Movement|in Funds||||
|---|---|---|---|---|
||||Net||
|||A.t|movement|At|
|||1Jan 2022|in funds|31Dec 2022|
|Unrestricted|funds||||
|General fund||7,431,063|(4,071)|7,426,992|
|Revaluation|reserve|739,164|(15,850)|723,314|
|||8,170,227|(19,921)|8,150,306|
|Restricted|funds||||
|Total Funds||8,170,227|(19,921)|8,150,306|



||||Incoming|||||
|---|---|---|---|---|---|---|---|
||||Resources|Resource||Gains and||
||||in funds|expended|Transfer|Losses|Movement|
|Unrestricted||funds||||||
|General fund|||1,153,299|(1,172,018)|15,850|(1,202)|(4,071)|
|Revaluation||reserve|||(15,850)||(15,850)|
|Restricted||funds||||||
|Restricted|lund|||||||
|Total Funds|||1,153,299|(1,172,018)||(1,202)|(19,92])|



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