BARROWMORE
••
Barrowmore residents and staff
IrhAnnual Report and Consolidated
Accounts of
Barrowmore Limited
For the year ended 31 December 2024

Barrowmore Limited
Contents of the Collsolidated Financial Statements
For the Year Ended 31 December 2024
Contents
Page
Reference and Administrative Details
RetK)rt of the Trustees
Report of the Indcpcndenl Auditors
9- 10
Consolidated Stsiement of Financial Activities
Consolidated Balance Sheet
12
Consolidated Ststcment of Cash Flows
13
NotCS to the Financial Statements
14-28

Barrowmore Limited
Reference and Administrative Details
For the Year Ended 31 December 2024
Charity Registration Number:
1117551
Con)pany RegistratlOD Number:
05988028
Trustees:
Mr A W Mo￿lSOn
Dr N V Fergusson
Mr N A Eckersley
Mr J H D Heath (deceased 21106r2024)
MrJFCAmold
Principal and Registered Office:
Barnhouse Lane
Great Barrow
CHESTER
CH3 7JA
Chief Executive alld Company Secretary:
Mr P Haycock
The Charity's professional advisors are &$ follows:
Auditors:
Champion Accountsnts LLP
2nd Floor
Refuoe House
33-37 Watergate Row
CHESTER
CHI 2LE
Bankers:
National Westminster Bank
33 Eastgate Street
CHESTER
CHI ILG
Solicitors:
Cullimore Dutton
27 Newgate Street
CHESTER
CHI IDE

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
The truste&s, who are also directots of the charity for the purp)ses of the Companies Act 2006, present their i'epDrt with the
consolidated financial statements of the charity and its subsidiary for the ycar ended 31 December 2024 which ￿'t also prcpgxed
to meet the i'equirements for a directors, report and accounts for Companies Act pUr￿se$.
The financial statements comply with the Chariti&8 Act 201 l. the Comp8J)ies A¢t 2006, the Memorandum and Articles of Association
and Accounting and Reporting by Charitics= Stalcment of Recommended Practice applicable to Ch￿'ll1t5 prcparing theii. accounts in
a¢¢ordan¢¢ with the Financial RetKJiting Standard applicable in the UK and Republic of Ircland {FRS 102).
Directors and Trustees
The directors of the ch&'itable company (the charity) are its ttustees for the purtK)se of charity law and throuJ(5 Outthis report
are collectively refe1.￿d to &s its Irustccs.
The Board of Trustees is the hub of govemance and tK)licy at Barrowmor& The trustees serving during the period up to the
date of this report ivei'c as tolloivs:
Dr N V Fergusson
Mr J H D Heath (dece&sed 2110612024)
Mr N A Eckersley
Mr A W Morrison
MrJFCArnold
Structure, Governance and Management
Governing Document
The chatity is controlled by ils governing documenL a dccd of trus¢ and constitutes a limited company, as defmed by the CompoJ)ies
Act 2006.
Patron
Ban'owmorc is cuffently seeking a n￿V patron for thc charity.
Appointment of Neyd Trustees
No otlier body is entitled to appoint tn]stces to the charity and appointments are made by invitation and election in accordance
with ihe charity's policy t.or recruittnent of trusiccs. Trnstees are appointed to provide the skills identified as being necessary foi. the
good governance of Barroivmorc Litnited. The induction of new tn￿leeS is tailorcd to the nceds of the individual but includes the
provision of key documeuts and inforn)ation relating to the charity.
Management Structure
The operational management StructUTe of the charity has noiv been in plaee for a number of yeays. The Chiet Executive i'cports
dii'ectly to the Board of Trustees and has the responsibility for the implementation of policy as Said down and ag]Eed by the
trustees. Rcpoi'ting to the Chief Executive are individual managers responsible for Housing, Estate, Management, and Finance. As
a charity, the requirement to maintain li￿l control of costs is par8mounL Consequendy, many ot our managcrs have dual roles and
responsibilities within the managenient structure and use is made of outsourcing services such as public relations wherevei. necessary.
Any increase in salw for management will be di5cu&sed at a directors, meeting and agreed at that iiiecting. In the case ofthe CEO'S
remuneration. any increase in sa]ary will be proposed by the chainnan to the Dtrectors tor considcratioii.
Risk Management
The trustees have introduced fornial risk managcmcnt prncesses to assess b￿sInesS risks within the charity. This has involved the
identification of types of risks the charity faccs, prioritising them in temis of potential impact and thc likclihood of occurren¢e and its
effect on the charity's income and operationa] effectiveness.
Initiated within and actioned by the ￿anag¢￿tfit teani, the exercise covers all identifiable risks wsed to the effective pi'ogress of thc
charity. A risk mapping exercise is undertaken within each dep￿tmen￿ f￿stlY idcntifying possible risk areas before evaluating the
potcntial cffccts based upon a likelihoodlimpact M￿Ure￿¢nL
Risks have been identified in all areas rdnging from financia] risks such as fraud to operational risks including loss ot contracts and
loss of key personnel, affecting all departments.

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
Objectives and Principal Activities of the Charity
Mission Statement
Barrowniore is a registered Charity wholly committed to assisting people with a disability to achieve their full potential.
The object of the Charity is to promote the benefit of people rasident in England and Wales with disabilities particularly but not
exclusively..
a) To provide the oppottilliÉty for meaningful employmenL
b) To provide accommodation and supw>rt facililies for people with disabilities.
¢) To piDvide opportunitics for people ivith disabiliiies to achieve their tull trf)tcnlial through education, training ￿la
assessinent facilities.
Thc trustecs may apply income of the charity in relieving the need. hordship OT distress of disabled persons who have been
&8S18￿d previously by the ch￿'Ity and their depcndcnts" and the dependents of pei'sons who. at the datc ot"their death, Ivei'e being
&8SiSted by the charity provided that in each case preference shall be given to disabled pe￿on5 who have served in Ihe amied
forces of the Crown.
The Vision
BatToivmore ivill always pi'ovide the highest quality of care and support and quality of life foi. an increasing nuniber of people with a
disability in the North WesL
To provide the highesi quality support facilities for the development of people with a disability to achieve their full potential throu¥)
trdining and &ssessmenl facilities.
To provide more opwrtt]nities for mcaningful employment for ￿Ople with a disability on the BaJToivmore sit¢ and through the Wo
Choice Programme.
To increase the profil¢ of Barrowmore and its activities to attract the fimding and inveslmerkt requircd from whatever source to achieve
those objectives.
What we do
Barrowmore achieves its aims in ternis of thc provision of meaningful employmenL sup]x)rted housing. one to one tailored training
and development ot vulnerable people with disabilities. Ba￿OlYMore 11&5 never der￿ed the disabilities ivith which ive deal.
Consequently our beneticiaries may suffer frt)m physical disabilities, mcntal health issues, sensory impairnient or be wheelchair users.
In addition, the vast majority suffer from a learning disability. Further. the majority of our residents have lifestyle issues which, in
addition to their disability, require a high levcl of undcrstanding and management by the staft. In attcmpting to provide the best
possible support for our people, whether it be in the field of employmenL accommodation or trdiningy we have developed relevant
information systems to asstss and benchEnark our progress.
Residents
Residents enjoyed lots of social events in 2024 including holidays Éo Butlins in Skegness, Haven Holiday Park in Poithmadog. to
watch the final match of the season at Chester FC. BBQ'S, quizzes. bingo. p(KJl competitions etc. In addition. thc residents have free
haircuts and free chiropody every 6 weeks
Employment
The Departmcnl's nciv contracting 8J)d commissioning proccdurcs prccludcd many chw'ities and voluntary orgo￿lSatiOn throughout
the country from participating in the new Scheme. En the case of BaTTowmore this was despite its 80 year ti?ck recoi'd in Suppoi'ted
Employment. Shaw Trust ivas appointed Prime Contractor for most regions and subcontractors wcrc named, in the inain. by Local
Authorities. Bari'owmore Continues lo employ vulnerable pcople as the funding Bam)wmore staff used to receive from Cheshire
West and Chester for I l Barrowmore employecs from the Supporting People contrdct cwed in October 2015.
Housing
Barrowt]iore House is an establishment located on the Barrowmore site providing high quality supportcd accoii)modation for
39 people with disabilities. Barrowinore as part of its review in 2015 identified unuscd stOTage roomJlunderutilised areas to inci'easc
the overall numbei. ot rcsidential rooms to 42 from 35 to offset the impact of CWAC cuts of £328,000.
Supporting People is a dynamic programme encolwing people to become more independent and. in 2006, the charity idcntified the
problem ot a shortage of appropriate move-on accommodation in the Chesw area for people with a disability, to live iiioi'e
independent lives. The tn]stees thereforc sanctiOTbed a development of 14 bungaloivs to provide much needed interim move-on
accominodation for residents of Barrowmore House and other similar eslablishments. This was named Barrowmore Court and ivas
completed in November 2008 and is currently full to capacity.

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
Volunteers
Volunteers in 2024 we reccivcd teams from Lloyds Bank. Bank of Scotland. The DWP and RSM totslling 127 volunteeis.
Public Benefit
Thc ts'ustees confirm that they have: when and ivhere ne￿Sary to do so, paid regard to the Cliarity Conllni5skon's Guidanee on
Public Benefit when con5idcring and making its decisions.
Supported housing and supported living that is offered to ovcr 60 residents at Bamwmore continues to further the charity's putpose.
En addition this has an overall wsitive impact on the local community as a lot of the iesidents have social issues d)at could potentially
cause disi'uption. From a financial pei'spective it would also cost more. ii,hich would be paid for frotn the public finances, if the
services that are offered at Bam)wmore were to ccase. The parklands. w(K)dland walks and social enterprises such as the Cafe are
open to the public lo use and enjoy.
Achievements and Performance
Supported Employment
Bari'owmore einploys 4 people in a supported capacity and self-fimds due to all ordnts and programmes being withdrawn trom the
local authority since October 2015.
Supported Housillg
Barrow￿Ore House continues to provide a much needed provision in tern]s of SUPEK)rting vuinerdble people with a disability and
assisting ils residents towards amore independent lifestyle. Notonly does the provisioii Inakc adiftereii¢e to people s lives, it pi'ovides
majoi. cosi bcncfits to the community. An exercisc undertaken in 2010 showed that the Barrowmorc House provision saves the Loc
Authority. the PCT and the National Hcalth Scrvi¢e, a significant amount of money.
However the Suppoitina
People contracts throughout Cheshire were due for renewal in March 2014 but this was extended until
31 March 2015. The Supporting People contract was aNvarded to Stottham Home group. Five Barroivmore employecs who were in
Supporting Peoplc iiilcs TUPE'd over to Stonham Home Group or took redundancy. Stonham Home group now offer B￿yowm0re
residents "'Floating Support" The cutTent contract cxpired iyith CWAC and Stonham Homegroup 3 1st Mar¢h 2017. The conti'act
was then awarded to Forviva who are a part of Forutn: the new contract started on I st April 2017. Forviva met with Bari'owjnore
14th May 2018 to COnf￿n thatthey were withdrawing services with Barrowmore as fiDm 3 1st May 2018. The two Forviva cniployecs
that were workina 5 days a wcck onsite at B￿wMOre otyerino Floating SuptK)rt left at the end of May 2018. we no longer have any
assistance from CWAC or Forviva in relation to SUPFM)rt tor our rc5idcnts.
Barrowmore Court, the charity's interim movevon accommodation project continues to provide a service relevant to the needs
of the service users. Despite fi]nding being unavailable lor the ongoino supp)rt and dcvclopTnent of the individual residents,
progress continues to be made in equipping the residents for a final niove to independcnt living. Barrowinore, as a long terin aitn,
seeks lo offer a floating support scrvice to all its fomier residents when required. Including the four refurbished bungaloivs in
Robinson Close, Barrowtnorc can noiv offer 62 supwrtcd r(M)mslflats on site in addition to houses on Irons tAne which may
become available.
All servicc users, whether long or short terni rcsidents, are given training and inslNction in developing their living skills to pi'omote
a more independent lifestyle wherever w>&siblc.
Our service users, whether in Barrowmore HOUK Barrowmore Courtor Robinson Close, arc cncourdged to partake in all the activities
provided under the Supported Hollsing ba[￿er. A Social Committee is in operdtion. organising visits and events on a regular basis
and members of the Residents, Conunittee continue to meet monthly with the Chief Exccutive 8J)d the Housing Managci. to raise any
matters, sugg&stions oi. indccd 0￿Y grievances ivhich they may have.
Maintenance
It is recogniscd that the assets ofthe charity requirc a greai deal of care, attention and cxpcnditure each year in respect of maintenance
and rcfurbishment: particularly the business units within the Enterprise Estate ivhich are now in excess of eighty years old. In the
main this ivork has been undcrtakcn by external contractors but with our own maintcnmnce team and a training progrdmnie in place,
the benetits of utilising our owi laiK)vr on some maintenance &%pects are two-fold. some Cost savings and thc opportunity for our
disabled employees to Icarn new skills.
It is therefoi'e a medium tenn objective to upgrade the units, including wssible replacement of roof4 to ty and ensure that the Estate
provides a healthy incoine rather than a diminishing asset in ternis of profitability as It has done for soine years now. As well &$
continuing to provide the charity with a source ot-income it can provide and maintain a role in supporting rural cmployment.

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
Parkland
IiTeSPCCtive of ils responsibility in tern)s of the charity, thc dIrec￿TS aTe aware of its stewardship mle in respect of B￿.1￿w￿Ore
Eslale and its ￿SpOnsibl11ty to ensui'e that the environment is niaintained to the highest p)ssible standard. We contiiiuc lo woi'k ivith
a number of organisations such as Cheshire Wildlife Trust, FWAG and Flintshire Woodland, who have undertaken suj'vcys to identify
the ways fon¥ard in managing and maintaining the conservaiion aspect of the estate in a correct manner.
It should be acknowledged that the cost of maintaining the grounds and propertics of the chority are extremely high and tlie tn]ste£s
are currently looking at fomis of income to help off5ci this expenditure.
Residentxal Estate
Rentals from the residential properti£s on Irons Lane, Barrowmore Court and Robinson Close, somc of which are also included
within supportcd housing, provide EK)th income generdiion for the tiinding of our activities and also provide accominodation for some
of our people with disabilities who are able to Icad a more independent lifc than those who live in Barrowinorc House.
Any of oui. properties becoming vacant are let with thc provision that preference is given lo people with disabilities. On this basis,
Cheshii'e West and Chester {social services) are nolifsed of any vacancies and given a certain time scale to idciitify clients who may
be suitable for this type of accommodation. With the problems outlined rcgarding the lack ol. move-on accommodation under
Suppoiting People. the possibility of using vacant properties as half-way accommodation. with floating support, be¢oines more
importanl.
The chw'ity currently owns 14 houses on Irons Lane.
Redevelopment of the Estate
During 201 S the Charity was approachcd by a development company to pur¢has¢ an area of soine 3.1 acres on the west side of thc
cstate for the provision of residential properties. This pro￿SaI would offer the charity the opportunity lo i'edevelop the cast side of
the estate. It is w)ticipated that if succcssful, the redevelopment would include a refi￿bIshmcnt of a number ot"business units together
with enhancement of facilities covering both charitable and income generdting pUr￿seS, along with an element of social enterprise.
During 2016 Bloor Hotnes decided not to pursue this oplion and as a result thc plat￿%￿£ application was ivithdrawn. Barrowmore
instructed architects to look at a number of diftcrent schemes to be draivn up for public consultation. The Opeii Public Consultation
Ivas held at the Barrow Primary school for scvcn days during February 2018. The community had the opportwiity to look at six
diffei'ent schemes, five domestic schetnes and one commercial schcmc. The community also had die opwrtunity to vote for theii.
pi'eferred SCh￿ne. Barrowtnore have now submitted a new applicaiion to the Planning Otliccr ivith fewer units a]id an appropriate
mix ofhouses that align with thc Parish Council's Neighknurhood Development Plan. Another Planning Application is to be subiDltted
in June 2025.
Bluebell Café
The Bluebell Cate at B￿Towm0re opened its doors in November 2013. Primarily to offer a service to the businesses on the
Enterprise Estate and the community of Grvdt Barrow and the surrounding are&s, as well as providing employment for 8 stsff and
numerous voluntccrs over the past 9 years. Thc Blubell Cafe has had a Inajor wbsitive iinpact by promoting the Chwity
{Ba)Towmore) and bTinging on average over 300 customers per week to the Barrowmore Estatc. As a result the charity has receivcd
somc srtlall tnonetary donations along with lots of donated items such as furniture and clothing foi. thc residents in B￿TowmOrt
Housc. It was envisaged that the Bluebcll Cafe was never intended io make a profit for Barrowinore Ltd, it was initially set up to
pi'ovide a service to the 24 businesses on the Enterprise Estate and to serve the loca] cotnmunity as a local hub for all io enjoy with
its beautithl location situated within the parkland of the estate, and has proven to be an cxcellent marketing tool which has helped
enhance the reputation of the charity.
Barrowmore Enterprise Estate
The Enterprise Estate continues to provide a level of income to otTsel the costs of thc service provision and activities with which the
charity is involved. At the time ofwriting ail of thc busine&% units are taL"en and our main difficulty is to ensure that adequate n)easurcs
in temis of Jnaintcnance are taken to ensure that the units are kept in a good state of repair and continuc to provide a level ot incoiiie.
Ovei. the past few years over £150,000 h&s been bpenl on the maintenaTrce of the services infrastructure. Back in 200718 a majoi.
excreise ivas undeitaken to examine and renuv a significant amount of electrical wiring on the estate to ensure coinpliance with
CU]Tcnt legislation.
As mentioned earlier. it should be noted that the financial retums frnm the Enterprise Estate are declining due to the heavy
maintenance requirement and it has been recogniscd that because otthis. the Enterprise Estate in its presenl State would have a limited
life but if the development plan aEK)ve is approved part of the revenue received could be uliliscd to accelerate the upgrading of the
facilities.

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
Financial Review
Summary of Year Eud Position
The Statement of Financial Activilics (SOFA) for 2024 is set outon page I l and shows the analysis of the ¢hartty's incomingresources
and expenditure of those resources.
The management of the charity is always conscious of the need to maintain costs at a manageable level and it is pleasing lo report
that in a time of such change and development this is being achieved.
The trustees are providcd with management accounting inforniation quarterly and cashtlow on a monthly b&8iS to ensure that they are
Ily aware of the ongoing financial status of the orgatitsation.
oroup deficit before revaluation gains
The results foi. the year show the Gmup's reserves are £9.324.482 (2023- £9,479,187) with a .
in the ye￿. of £154,705 {2023 - £131.919) and a deticit aftcr rcvaluation gains of £154,705 {2023 £1,328,881 surplus). The ts'ading
subsidiary, BarLDwmorc Social Enterprises Limited, produced a loss of £7,009 (2023: £4,776).
The principal funding sources come in the way of individual rcsidents who are either self-funders or who receive a nuinber of
individual benef5ts such as Housing BenefiL Disability Living Allowan¢e, Personal Independcnce Payments. and Carers Allowance
etc. Income trom this arva is consistent ivith last year.
Total income has increased by £58,407 {4.80/0) overall Ivhich is due to an increase in the monthly I'cntal aiiiounts ivith rents on the
investment propcrties being incre&sed and housing benetit for supported accommodation being raised, both as a result of the increascd
eypenditure incurred.
There has been a £71.710 (5.4Yo) inc￿&￿e in expenditure during the year due to an increase in prices across the bo￿.d. notably
electricity, inswance and staff wages.
Reserves Poltcy
The tn]stees and managctnenl continually review the level of rcscrvcs required by the charity- The charity aims to have free reserves
which ￿'t those unrestTicled funds not invested in filed assets. The trt￿lee$ consider that as a relatively small charity with a tairly
predictable income stream and ivith averdgc monthly outgoings of und￿. £IOO.000 thai the short lo medium term t&-get for liquid
assets at the end ot-any given month should currcntly be sei at £200,000 to £250,000. The charity reduced its free I'cserves posilion
in the year to £439,667 at 31 tkceTnber 2024 (2023: £537,170) and is still in excess of its target free reserves.
Restricted funds at the ycar-end amovn*d to £23,000 {2023 - £Nil) &s the ch￿lty received a restricted donation in the year ended 31
Deceinber 2024.
There are cu￿entlY no designated funds.
Plans for Future Periods
The Board has Ircognised that in addition to accessing resources in tertns of competitive tendering, partncrship woi'king with
other similar minded organisations presents o ivay of p(M)ling r&sources and spreading risk Further, partnci'ships i¥ith commercial
organisations with an etnpathy with the aims and objcctivcs of Barrowmore would prove benefi¢ia] to bothparties.
Barroivmore recognised the need to mov¢ forward by d&ver5ifying and adopting social entetvrisc and regenerntion.
Chairman's Thanks
It has been a pleasure and an honour to continue to undertake the role of chairman of Barrowmore in 2024. That role is made so much
easier by the fact that the charity ha3 a Ixjard of significant collective experience and very high-quaiity individual skills Coveiing
aspects of the business and social aspects of the charity. As thesc highly professiona] skills and the time given by the trustees are on
a voluntary basis, I tharth them once again on behaEf of BarroivJnore for their continued cotwnitted 5UPPOlt dw'ing 2024.
We lost our dear friend and fellow Dircctor Mr. John Heath in November. John had been a very active hands-on Director for ovei.
18 ye￿'S, and he will be sadly tnissed by all at Barrowmore. We also lost our dear friend Gill Fullwood wlio regularly volunteered
at Bamwmore in particular workin¢F many hours on the allotment and &SSiSting with the hundreds of volunteers that attend the
estate each Ye￿.. Gill will also be sadly missed by ail of the staff and residents . Memorials will take place for John & Gill in 2025
with ben¢hes and plaques to commemorate thcm both.
Mr Haycock and his staff are agatn to be thanked and congrawlated on the continued advances that they have made again in respect
of the overall performance of the organisation. In particular uiith the general eonlinued increased cost of living.
The ongoing significant chonges that continued durAng the past ycar continued a positive and creative approach that the Bari'owmore
tcam have bttn able to create an environment of achievement in sectors of the business. During the past yvdl., the I'csidcnts have
enjoyed numei'ous in-house activilics such as quizzes. bingo. ]x)ol competitions. ar¢l)ery and BBQ'S etc. In addition, ti'ips to

Barrowmore Limited
Report of the Trustees
For tbe Year Ended 31 December 2024
Chester FC, lo watch the world professional Wclsh Open s￿￿ker quarter finals in Llandudno along with a holiday to Haven Holiday
Park in Porthmadog. The residents enjoyed trip5 to the town centres and the beach. All these ongoing activities have been
insti'uinental for the wellbeing of our residcnls, and ive see improvements with r&8idents becoming more confident and independent
on a daily basis.
Continued woi'ks has been completed to the residents. rooms in Barrowmore House, full refvrbishments to include, new bathi'ooms
suites, tull rcdccoration along with new flooring. In addition iyorks hayc bcen complefrd to propeities in Irons Lanc, B￿.1'Owm0re
Court and Robinson Close to include new fitted kitchens, bathri>oms ncw flooring and fvll redecoration and external UPVC Mrindows
and doors in Irons Lane.
It h&8 been very encouraging that we have through continucd prudent m8J)agement been able to see our c&8hflow levels continue to
incrcasc each year and to help achieve one of our critical aims ot- achieving a more comfortablc protective financial status for the
charity to enable us to withstand any exceptional major cha]lenges whÈlst continuing lo achieve our social aims as stated aly)ve.
On behalf of myselt.and my fellow directors I should like ¢0 expttss our gratitude to Mr Haycock and the staff that have continued to
work throughout 2024 and thc ongoing Commitment to the residents and tlie charity &% a whole and for the very professional Inatmei.
in ivhich they have addressed all challenges in 2024.
Trustees, indemnity arrangements
Individual indeinnities have been providcd ￿ the ttustees. under which the conipany has weed to indemnify the trusLecs to
the extent pei'tnitted by law in rdspect of liabilities to third partias arising out of, or in connection with. their aiecution of tlieir
powers. duties and responsibilities as trustees of the company. These indeTnnities are qualifying Tliird Paty Indemnity Provisions
as defined in Scction 236 of thc Companies Act 2006 and copies arc available for inspection in the oificc during normal working
hours.
Auditors
The auditors, Champion Accountants LLP, have indicated their willingness to be r¢apwinted at the AGM.
Statement of Trustees Responsibilities
The chai'ity Irustccs (who are also the directors of Barrowmore Liwnited for the purpose of Company law) responsible foi.
pi'eparing the Report of the Tn￿le¢S and the t-llwicial slatemcnts in accordance with applicable laiv and United Kingdom Accounting
Standards (Uniled Kingdom Generally Accepted Accouniing Prnctice)-
Company law requires thc trustees to prepare financial statements for e&ch fLnancia] year which give a true and fair view of the state
ot" aftaii's of the charity and the group and of the incotning rcsources and application of resources, including the income and
expenditure, of the charitable group for that period. In prcparing those fmancial statements, the trustees ￿e required to..
select suitable accounting wlici&8 and then apply them consistently"
observe the methods and principles in the Charities SORP 2019 {FRS 102).
make judgements and estimates that are rc&wnable and prudenL
state wlicthcr applicable UK Accounting Standards havc becn followed. subject to any material departures disclosed and
explained in the financial statements.
pi'epare the financia] statetncnts on the going concern basis unl￿S it is inappropriate to presume that the charity iyill continue in
operation.
The trustees are res￿nsIble for kecping adequate accounting records that disclose Ivith reasonable aCc￿'aCY at any time thc f￿anCIal
position of the charitable group and cnable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the charity and the group 8nd hence taking reasonable steps ftir the pi'evention and
dcteetion ot Iraud and other irregularitics.
In so far &$ the trustees arc aivare, al the lime of appTh)vingourlnL5tec5' annual ￿[￿)1￿.
there is no rclevant audit information of which the charitable comp8J)y's audito￿ are unaware- and
the trustees have taken all steps that they ought to have taken to makc thcmselves aware of any relevant audit infoi'mation and
to establish that the auditor is aware of that infortt]ation.

Barrowmore Limited
Report of the Trustees
For the Year Ended 31 December 2024
This rcpoit has been prepAred having taken advantagc of thc small companies exemption in the Companies Act 2006.
On behalf of Ihe Board:
Mr A W Morrison
Trustee
20 June 2025

Barrowmore Limited
Independent Auditors, Report to the Members and Trustees of Barrowmore Limited
For the Year Ended 31 December 2024
Opinion
We have audited the accounts of Bamm'morc Limited (the "charity,) and its subsidiary (the 'group') foi. the year ended
31 DeccTnber 2024 which comprise the Consolidated Ststement of Financiat Activities, the Consolidatcd and P￿.ent Balance Sheets,
the Consolidated Statement of Cash Flow and the notes to the accounts, including a summary of significant accounting policies. The
fin3￿ClaI reporting framework that has been applied in their prepardtion is applicable law and United Kingdom Accounting Standards,
including Financial Reporting Standard 102 The Financial Reporting Standard applicablc in the UK and Republic of li'eland
(United Kingdom Generally Accepted Acci)unttng Prncticc).
In our opinion the accounts=
give a true and fair view of the state of the group's and charity's affairs as at 31 Dcccmbcr 2024 aTÈd of the group's inconiing
I'esources and application of resources. including its incoine and expcnditurc, for the year then ended,.
haiie been properly prepared in accordimce with Uni(ed Kingdom Generally Acccpted Ac£ouiiting Practice; and
have been prepared in accordance with the requirements ot-the Companies Act 2006 and die Ch￿'itIeS Act 2011
Basis for opinion
We conducted our audit in accordance ivith Intemationai Standards on Auditing (UK) (ESAS (UK)) at]d applicable law. Our
I'esponsibililies under those standards are fvrther described in the Auditorfs reswnsibilities for the audit of the financial slateinenls
section of our report. We ￿'e independent of the group and charity in accordance with the ethical requirements that are relevant to our
audit of the accounts in the UK: including the FRC'S Ethical Standard, and ive have fulfilled our other ethical responsibilities in
ccordance with these requirements. We believe that the audit cvidencc we have obtained is sufficient and appiDpriate to provide a
basis for oui. opinion.
Conclusions relating to going conce
In auditing the tknancial statements: we have concluded that the trustees. use ofth¢ going concern basis of accounting in the preparation
of the financia] statements is appropriaie.
Based on the work we have perfornied, we have not identitied any materia] unccrtainties rclating to events or conditions thaL
individually or collectively. may cast significant doubt on the charitable cotnpatky's ability ￿ continue as a going concern toi. a period
of at least twelve months froin ivhen the financial statements are authoriscd for issue.
Our responsibilitics and the responsibilitics of thc tru5tces ivith respect to going concem are described in the relevant sections ol.this
report.
Other inform2tion
The other information comprises the information included in thc trustccs, a[￿Ual rew>rL other than the financial statements and our
auditor's report thereon. The trustees arc responsible for thc othcr infom]ation contained within the annual re]x)rt. Our opinion on tlie
financial statements does not cover the other infom)ation and, except to the extent otherwise explicitly stated in our report. we do not
express any form of &ssurance conclusion thercon.
Ow. rcsponsibility is to read the othcr inforn)ation 8J)d, in doing so. consider whether the other infoiination is materially inconsistent
with the financial statements or our knowledge obtained in the course of the audit or othcrwise appears to be Materially misstated. If
we identify such maleiial inconsistencies or apparent mat￿-la] misstatemcnts: we are required ￿ delern)ine whether this gives rise lo a
material misstatement in the fmanciai statements themselves. If. b&scd on the ivork we have perforn)ed, we conclude that ihere is a
materia] misstalement ot this other inforniation. we are required to rcFrf)rt that facL
We have nothing to rewrt in this regard.
Opinions on other matters prescribed by ihe Companie5 Act 2006
In OLll' opinion, based on the work undertaken during the audit:
the infonnation given in the trustees, report (incOr￿ratIng the directors. rewrt) for the financial year for which the financial
statements are prepared is consistent with the linancial statements; and
the directors, rcFK)rt h&% been prepaTed in accordance with applicable legal requirements.
Matters on which we are required to report by exeeption
In light of the knowledge and underytanding of the group and parent charitable company and its cnvirorment obtained in the cow'se of
the audit, we have not identified material misstatements in the directors, reporL
We have nothing to report in respect of the following mattcrs in relation to which the Companies Act 2006 and the Charities Act 2011
require us to rew)rt to you if, in our opinion:
adequate and sufficient accounting records have noi bccn kept by the pa￿rtt charKtable company. or re￿rnS adequale foi. our
audit have not been received fmm bran¢hes not visited by us. or
the parent charitable company's financial statements are not in agreement with thc accounting records and returns. or
certain disclosures of dircctors, reTnuneration specified by law are not made: or
we have not received all the inforn]ation and explanations we require for our audit. or
the ts'ustees were not entitled to preparc the fu]ancia] stateTnents in a¢cordance with the small companies, regime and take
advantage of the small cotnpanies, exemptions in preparing th¢ direc￿[3. report.

Barrowmore Limited
Independent Auditorsy Report to the Members and Trustees of Barrowmore Limited
For the Year Ended 31 December 2024
Responsibilitie5 of tTUStees
As explained more fully in the Statement of Tft￿tees' Res¥M)nsibilities, the tNstees' (Ivho are also tl)e dii'ectoi's of the pai'ent ¢l)arilable
conipany for the purposes of company law) are responsible for the preparation of the fuwicial ststements and for beiiig satisfied that
they give & true and fair vieiv, and for such internal control &s the tn]slecs dctci'minc is neccssary to enable the preparation of financial
slatements that are free from material mi&statemenL whether due to fraud or error.
In preparing the financial statemcJ]ts, the trustecs arc r¢S￿nsIble for a&5tssing the group's and charity's ability to continue as a going
concern, disclosing, as applicable, matters rclatcd to going concern and using the going concem basis of ac¢ounting unless the tti]stees
either intend to liquidate the group or the charity or to cease operntions. or have no realistic alternative but to do so.
Auditor's responsibilities for the #udit of the finatteial statemellts
We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011.
Our objectives are lo obtain reasonable assurance atoutwhether the t-￿anCIal statemenL8 as a wholc are free from iiiaterial misstalement,
wliether due to fraud or error. and to issue an auditols rewrt that includes our opinion. Reasonablc assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance ividi ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise trom ti2ud or error and arc considercd material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users tsken on the b&sis of these finaJ)cial slatements.
The rdsponsibility for the prevention and detection of irregularitics, including fraud, lies witli the trustees and with those Ch￿.ged with
governance ofthe ch￿lty. The objectivesof our audit in respect of i￿egular1t]eS and fraud are to assess the risk ofmaterial misstatcincnt
of the financial statements duc to frau￿ to obtain su￿1¢]ellL appropriatc audii evidence reS￿dIng the assessed risks and to respond
appropriatcly to fraud or suspected fraud identified during the audiL
We determine significant applicable laws and ￿gulationS through discll&sion ivith those charged with govciijance of the chaj'ily and
our oivn knowledge ol.the charity sector and design audit procedures to help identity instanccs of non-compliance with those laws gnd
regulations that may have a material effect on the financial statements.
We consider the applicable laws artd regulations to bc the financial rctK)rting framework (FRS 102 and the Companies Act 2006),
Ch￿'Ity Law, the relevant tax regulations in the UK, ctnploytncTtt law, the He￿th and Safety at Work Act 1974 and Sateguardinu
legislation.
We consider the control environment and the procedures in place to address identified risks, including managemcnl override,
non-compliance with laws and re¢Julations and to prevent and detect fraud or irrcgularity. Our procedures are designed to provide
reasonable 8ssuran¢e that the financial statements are free from material misstatement or crroi. include: enquiries of nianagement
and of staff in key compliance fimctions. revieiy of mirLUtes of tncctings of thosc Ch0￿ed with governance. review and testing of
manual journals and significant transactions outside the normal course of business; review of financial statement d&sclosures and testing
to suppoiting documentation. pcrfoiinance of analytical procedures.
We are not responsiblc for prcventing non-compliance and due to the inherent liinitations of an audit, as describcd above. the audit
cannot be relied upon to de￿¢t all insEances of non-compliance with laws 2nd regulations.
A ti]rther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's
website at: http://www.frc.org.ukJauditorsresponsibilities. This description forn]s part of our auditols rcporL
Ust of our report
This report is made solely to the charitable company's mcmbers, &% a body, in accord8nce with Chapter 3 of Part 16 of the
Companies Act 2006 and to the charitable company's trustccs, as a body. in accordance with Part 4 of the Charities (Accounts and
Reports) Regulations 2008. Our audit work has been undertsken so that we might state to the charitable company's members and its
'ustees those mattcrs we ￿.¢ required ￿ state ￿ them in OJ) auditors. rewrt and for no other purpose. To the fi￿lest extent pcrmittcd by
law, Ive do not accept or assume reswjnsibility to anyone other than the charitable company and thc charitable cotllpany's Inembers as
a body oJ)d the ¢harilable company"s trustees as a body, for our audit work, for this rcporL or for the opinions we have forn)ed.
Andtu 1%
Andrew Hopwood Bse (Hons) FCA
Senior Statutory Auditor
Foi. and on behalf of Champion Accountants LLP
Statutory Auditor
2° Floor. Retuge House,
33-37 Watei'gatc Row
CFESTER CHI 2LE
Champion Accountants LLP is eligible to act as an auditor in
terms of Section 1212 of the Cotnpanics Act 2006.
Date: 20 June 2025
10-

Barrowmore Limited
Consolidated Statement of Financial Activities {IDcorporating An Ineome and Expenditure Accollnt)
For the Year Ended 31 December 2024
2024
2023
Unrestricted Restrictrd
Funds
FuniLs
Totsl
Totsl
Funth
Funds
Notes
Income 9nd endowments from:
Donations and legacies
5,168
23,000
28,168
1,259
Charitsble activities
Supported aCco[lln￿dat￿jn
627.634
627,634
650,775
Other trading activities
184,461
184,461
173,979
Investments
430,113
430,113
38i,956
Total income and endowments
.247.376
23.0(K)
,270,376
1,211,969
Expenditure on:
Raising fiEnds
SubsId￿￿- cost ofsaks
Subsidiary- operdtiE Costs
72.764
117,744
71764
117.744
70,821
98,917
Charitsble activities
910.581
910,581
848,991
Other_ Cost of managing invtstments
314,186
314,186
324,836
Total expendilure
1,415.275
1,415.275
,343,565
Net gains on investments
13
1,078,000
Net income
(167,8991
23,000
(144,8991
946,404
Transfers between funds
19
Other recognised gainsl(lo&ses):
- Gain5 on revaluation of freehold prnperty
- ActU8rial gainsloosses) on defined benefit per￿lOn platL%
382,800
(323)
18
(9.8061
{9.8061
Net movement of funds
(177,70))
23.000
(154,705)
1,328,881
Reconciliation of funds
- Total funds bn)ught forward
9,479,187
9,479,187
8,150,306
- Total funds carried fornrd
9,301,482
23,000
9,324,482
9.479,187
There art no recognised gains and losses other than as stated alM)ve.
All income and expenditure derive from continuing Mctivities.
The notes forni part of thesc fukan¢ial statements.
11-

Barrowmore Limited
Consolidated Balance Sheet
For the Year Ended 31 December 2024
2024
Grnup
2023
Gmup
2024
Company
2023
Company
Notes
Fixed assets
Tangble assets
InVeStn￿￿5
- Investments n subsKik4rrs
- Investment prope]ty
2.973,815
3,054,017
2,970,174
3,046,269
3.12
13
5.888.0(M)
5.888,000
5,888,000
5,888.000
8,861.815
8,942,017
8,858.175
8,934,270
Current assets
Stocks
DebtotS
Cash al bank IMtKI
14
15
5,049
163,227
476,986
3,067
106.430
598,063
3,722
184.405
475,074
1,950
124,J89
596,803
645,262
707,560
663,201
723,142
Liabilities
Amounts ￿ting ivithEI orr year
16
(172,i32)
(16i,527)
(163,162)
(156,703)
Net current assets
472,7JO
542,033
500,039
566,439
Total assets less current liabilities
9.334,545
9,484,050
9,358,214
9,500,709
Defined benefit pe￿slo￿ scheme liAbility
18
(10.063)
(4,863)
(10,063)
(4,863)
Net assets
9,324,482
9,479,187
9,348,1 $1
9,495,846
The funds of the charity:
Unrestiyted fiuKIs:
- Genernl tiwKI
- RcthtK)n resernt
20
19
19
8.2J4,724
1.066,758
23,0(M)
8,388,923
1,090.264
8,258.393
1.066,7i8
8,405,582
1,090,264
Restricted ￿￿Ome fixx15
19
23.000
Total funds
9.324,482
9,479.187
9,348,151
9.495,846
The tnjslees have prepared group accounis in accordance ivith Section 398 ofthe Companics Act 2006 and Section 138 ofthe Charities
Act 2011. Thesc accounts prep￿ed in accordance with the special provisions of Port 15 of the Companies Act relatino to small
companies and constitute the annual accounts required by the Companies Act 2006 and for circulation to membei's ofthe company.
The financial statements were approved by the Board of Trustccs on 20 June 2025 and were signed on its bchalt by:
Mr A W Mori'ison
Company Number . 05988028
The notes fom) part of these financial statctnenls.
12-

Barrowmore Limited
Consolidated Statement of Cash Flow
For the Year Ended 31 December 2024
2024
2023
Cash floms from 0￿rAting activities
(524,851)
(451,883)
Cash IIoMs from investing acthities
Rent received
Setvice at¥1 rechargeab￿ expenses
Paynrrts tr) acqure langbk frxed assets
Bank interest received
Cash floms frnm fmxncing actsvities
PeAsK>n sche￿￿ eXpe￿S
Repayment of pen8K)n defrit
298,194
131,920
(21.733)
263,192
119,723
(2,574)
3,041
(4.606)
(4,606)
I￿￿a￿{deCre&￿e) in e&sh aNI c&sh equivakrt8
(121,077)
(7J.107)
Cash aNt cash equtvakrt8 at the beg￿￿1￿ Oft￿ yea
598,063
671.170
Casb and Cash equivglents At the end of the ye2r
476,986
598,063
Reconeiliation of net incomillg reSoU￿tS befo￿ trA￿re￿ to ne¢ casb floivfrnm operdting 8ctivitie5
Net m0Ven￿nt of finds
Depreckn2tK)JVlmpauinert cEwges
{I￿reaSeYdeCr￿9se stock
{IncreaseVdecrease N) debio
Increasel{decre&8e) wl creditors
L£ss.' Unrea]Bed on i]VeStn￿nts
Less.. Unreabsed t￿t ￿lrfj on iEVdiu￿Kjn offreelK)&l propety
l£ss.' Actwiat (gai)Vk)ss on defvd ber£liL pe￿￿)n p
L£ss." Rer* received
L£ss: Setwe and rechargeabk expe￿eS
Less: Barf( M]te￿St received
(li4,70i)
101,93)
(1,982)
{56,797)
7.005
,328,881
88,758
(1,450)
(9,277)
{12,362)
(1,078,000)
(382,800)
3?3
(263,192)
(119,723)
{J,041)
9,806
(298,194)
(131,920)
Net cash fjow from operatTr￿ acti￿￿[
(524,8) l )
(451,883)
An21ysis of changes in net (debt}Ifunds
At
l Jgn 2024
At
31 Dec 2024
CaslffloHs
Cash at bank aTbJ lli haThl
598.063
(121,077)
476,986
Total Funds
i98,063
{121,077)
476,986
-1

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Aceounting Policies
Aeeounting eonvention
The financial statements have becn prepared in accordance ivith Accounting and Rewrting by ch￿1t{es.. Statement
of Recommended Practice applicablc to charities preparing their accounts in accordance ivith tlie Financial Reporting
Standards applicable in the UK and Republic of Ireland (FRS 102), Charities SORP (FRS 102) and the Companies Act 2006.
Barrowmorc Limited meels the definiiion of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless otherwise stated in thc rclevant accounting policy note below.
Thc flnancial slalcments are prepared in sterling, which is the functional currency of the charity. Monetaiy amourils in these
financial slalements are rounded to the nearest £.
Basis of consolidatio
The Consolidated Statement of Financial Adivities. the Consolidated Balance Sheet and the Consolidated Statement of Cash
Flows include the financial statements of thc company and its subsidiary underlakings made up to 3 1st Dcccinbei. 2024. There
are uniform policies across the group and ints7 group trdnsactions are eliminated on consolidation. Consolidation is on a line
by line basis. A separdte Statemcnt of Financial Activities and In¢onie and Expenditure Account for the charity has not been
presented because the charity h&$ tskcn adVa￿tage of the exemption afforded by Section 408 of the Companies Act 2006.
Going Concern
The tt'ustees feel that Barrowmore is well placed to negotiate the challenging conditions currently facing the UK econoiiiy.
The ch￿'ity'S income, in the main, is government fimded by Cheshire Wcst & Chcster via Housing Benefit payinents and its
CU)Tcnt level of eash is posilive. Its t-reet￿Id propety is uneticumbcred, which gives the trustees comfort in being able to
mcct thc Charity's liabilities for the coming 12 nionths.
In reaching their conclusion, the trustees have considcred the company's monthly c&sh flows and applicd sensitivity
analysis as appropriate.
Barrowmore"s income is 65 /0 residential and 35 /0 commercial. Barrowmorc arc actively secking funding from grants from
extern￿ sources.
After consideration of ail factor& thc ttusiees eontinue to adopt the going concern basis in preparÈng the flnancial statements.
The funds of the cbarity
Uni"estrictcd funds are thosè funds for use at the discretion ot thc trustees in ￿rther￿nce of the gen￿71 objectives Ot"thc charity.
Restricted tunds ￿e those fijnds which are to be used in accordance with specific restrictions imposed by donors.
IntomiNg resources
All incoming resources are includcd on the sts￿Ment ofFinancial Activities when the charity is legally entitled to the incoine
and the amOL￿t can be quantiticd ivith reasonable accuracy.
Investment income cotnprises rents receivable. service and rechargeablc cxpenses and interest on wh balances, and is
recognised on an accnthl basis.
In respect of"Other trading activities. revenue represents the amount received or receivable for goods and services sold during
the ycar, exclusive of Value Added Tax. Revenue is rccogniscd in the financial statements when the goods are sold to tlie
customer. Cafe soles are made in the United Kingdom and are usually in cash or by debivcrcdit card.
Donaied services and facilities are included at thc value to the charity ivhere this can be quantified. No amounts are included
in the financial statements for time donatcd by voluntccrs.
Resources expellded
Expenditui'e is accounted tor on an accruals basis and is recognised where there is a legal or constructive obligation to pay..
Raising funds includes costs of costs of non-charitable trading.
Cost of charitable activities relate to the work carried out on the core purpose of assisting people with a disability.
Governance costs comprise all costs involving the public accountability of the charity and its compliance witli
regulation and good pi'aclicc. Wherc govcrnance costs ca]mot be directly attributed, they are split 65 /D across charitable
activities and 35 /0 are allocated to 'Other- Cost of managing investsncnts,.
SupEK)rt costs are those costs incurred directly in suptK)rt of expendfftture on Ihe objectives of the charity. Where support
costs cannot be directly attributed, they are spl&t 65 /0 to Charitable activities and 350/0 are allocated to "Other_ Cost of
managing investmcnts,.
'Other- Costs of monaging investments. are the costs &8sociated with managing and inaintaining the Entetyrisc Estate
together with the properties on Irons Lane.
b)
d)
- 14

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Tangible fixed assets
Freehold buildings ￿t included at valuation. Fornial valuations are perfornied cvcry threc years. All othei. tangible fixed
asscls are included at ¢osL Depreciation is provided at the following annual ratcs in order lo write off each asset over its
estimated useful life.
Freehold property
Plant and machinery
20V/o on cost
Fixtures and fittinos
20tl/o Oti cost
Motor vehicle
20/0 Oll Cost
Capital items costing les5 than £1,000 are written off &8 an expense as acquired. this more accurdtely rctlects the assets, useful
life.
An atnount cqual to thc exce&s of the onnuaj depreciation charge on revalued assels over the notional histoi'ical cost
depreciation charge on those a&8ets is Irdnsferred annually from the revaluation resei've to thc gcneizl fund.
Fixed asset investments
Investment properties ose included in the balance sheet at fair vatue.
BartT)wmore LiJnited holds a fixed asset investment in its subsidiaries at cost.
Stock
Stocks are valued at the lower of cost and net realisable valu< after making due a]lowance for obsolete and slow moving
items.
Debtors
Trade debtors include resident rcnt invoiced and recoverable at the year end. Prepayments and accrued income include
expenditure items paid for or inyoiccd in adVa￿ce and resident's rents due but not yet i'ecovered at the ye￿. end.
Cash at bank and in hand
Cash at basd( and cash in hond includes cash and short tenn highly liquid irkVeStments with a short maturity of three months
or less forn) the date ot acquisition or opening ot the detK)sit or similar account.
Creditors and provisions
Creditors and provisions arc rccognised where the chariiy has a present obligation resulting from a p&st cvent that will
probably result in thc transfer of tunds to a third party and the amount due to settle thc obligation can be measured oi. estimated
reliably. Creditors and provisions are nom)ally recognised at their settieinent amount. Deferred income includes residents
rents receiyed in advance which relate to a period after the year end.
Financial instruments
The charity only has financial assets and fmanciai liabilitics of a kind that qualify as basic tinancial instrutnents. Basic
financial instruments are initially recogniscd at transaction value and subsequently measw'ed at their settlctnent value with
the exception ot.bank loans ivhich are subsequently measured ￿ the ¢arying value plus accrucd intei'est Icss I'epayments. The
financing chargc to cxpcndiDJre is al a constant rale calculated using the eftective interest tnethod.
Pension costs
Pension costs for the company's defined contribution sthem¢ are charged against income in the year in which they are
incurred.
The company also porticipates in a multiThemployer defined benefit schcmc, details of M'hich contained in note 19.
Operating leases
Rentals paid under operating leases are chargcd to thc incomc and expenditure on a straight-line basis over the period of the
lease.
Taxation
As a registered charity, the company benefits fn)m rntes relief and is oenerally exeTnpt from In¢ome Tax, Corwrdtion Tax
and Capital Gains Tax, bul not Value Added Tax. tTrecoverable Value Added Tax is shoivn as a separate cost.
-15-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Government grants
Government grants are recognised at the fair value of the asset recelved or receivable ivhen there is reasonable assurance that
the grant conditions will be mei and the grants will be received.
A grant that specifies perforniance conditions is recognised in income when thc pcrforniance conditions are met. Where a
grant does tKyI specify perfom]ance conditions it is recognised in income wlien the proceeds are received or receivable. A
gyant received before the recognition criteria are satisfied is recognised &8 a liability.
Comp#ny status
Barrowmore is a company limited by guarantee. The mcmbcrs of the company are the In￿teeS. In tlie event of t]ie charity
being wound up, the liability in r&spect of the guarantcc is li¥nited ¢0 £10 per niember of the charity.
Volunteers
The value of services provided by voluntccrs is not inco4x)rated into these finan¢ial stalements. Further details of the
ntribution made by volunteers can be found in the Trusttts Annual Report and note 2.
Donations and legacie
UnTEstiieted
Restiicted
2024
2023
tk>nations
5,168
28,168
1,259
5.168
23,000
28,168
1.259
In 2024 the Charity received volunteer SUp￿)rt ot 127 volunteers {2023.. ?05) iota]ling 762 hours (2023: 1,230 hours) tiY)m thc
staff at Lloyds Bank, DWP. Bank of Scotland and RSMUK. In accordance with accounting standards, the econotnic
contribution of genera] voluntccrs is not included in the accounts.
Other trading activities
2024
2023
SubsNJAry Saks
184.461
173,979
184,461
173,979
-16-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Social Enteryrise Ltd
Per gn)up Consolidation
Aeeounts
Adj￿$1Me￿ts
As ￿ported in subsidiary
fU￿ne]81 statenwnts
2024
2023
TwnoNEr
Cost ofsaks
184,461
(72.764)
(17)
184.444
(72,764)
175.103
170,821)
Gmss profit
111.697
{17)
111,680
104,282
Operating costs
{117,744)
(945)
(118,689)
{109,Oi8)
Resuks fi)r I￿ year
(6.047)
(962)
(7,009)
{4,776)
The company owned IOOO/ts of the sharc capital of Barrowtnoi'e Social Enterprises Limited at 31 Decetnber 2024.
The subsidigry is registered in England and Wales. Barrowmorc Sociai Enterprises Limited's principal activity is that of caré
operaior. The trading results are set out above.
In the year. Bari'owmore Social Enterprises Limited took advantage of exemption from the audit of their individual accounts
under section 479A of th¢ Companies Act 2006.
At 31 Dccember 2024 the company's assets. liabilitics, share capital and reserves were:
ported subsidiary
finallcial statements
2024
Sociil
Elltswiises lid
2023
Fixed Assets
c￿Tent Assets
Cutyent ikibliLrs
3,641
4,409
(31.718)
3,641
4.409
(31,718)
7,748
2,820
(27.227)
(23.668)
(23,668)
<16.659)
Represerted by
Shatt capital reser
(23,668)
(23,668)
{16,659)
Investments
2024
2023
Rents received
Service arKI Jtclmrgeabk expet
Bank interest received
298.194
131,920
263,192
119,723
3.041
430.113
385,956
17-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
ncoming Resources from Charitable Activities
2024
2023
Activtty
sw)ported acconTrwdatK)n
BarrownKTrre House1Co￿t.. rents
6?7,634
650,775
627.634
650,775
Net ineome/(expenditure) for the year
2024
2023
This is ststed after cha￿L￿g.
Opcrating kascs- equIp[￿nt
DepreciaiM)n
Audtiors remu[￿ration
- Audit fees
-other fees
5,260
97,828
8.223
84,596
10,750
1,128
9,225
750
Staff Costs
The aggi'egatcd payroll costs of the above were:
2024
2023
Wages aNI sa&r￿S
Sockil secill*y costs
Pe￿K)n
528,734
49,477
21,095
509,781
43,305
26,845
599,306
579,931
The figures atM)ve do not include agen¢y costs of £3,836 (2023= £11,095) who cover for holidays and sickness or staff
shortages, or redundancy costs of £Nil {20J? . £Nil).
The trustees received no emoluments or other benefits and there were no tn￿leeS expenses paid for the year ended
31 December 2024 (2023..£Nil).
There was l employee caming t&xable emoluments ivithin the £80,OtK) to £IOO,000 range (2023: 1). For staft whose
¢moluments exeeed £60,000, pension contributions amounting to £4.108 were paid for benefits under a defined contribution
pension scheme {2023- £4:203).
Total kcy management personnel remuncration (including Employets N.1.) for the year was £92,243 (2023 - £94,410).
The average monthly head count 27 (2023: 2D and the average nuniber of full-time cquivalenl employees during the year
was..
2024
2023
Managenrnt
Supported acCOmr￿d&1M)n
AdMI￿tratiOn
Mau)tenance
13
14
18-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Expenditure on Charitable Activities
Sllp￿rted
Accommodation
Total
Total
Other
2024
2023
Staffcosts
Trawillig costs
Rates & water
Light & heat
CleaJJll]g
Provisions
253,402
24
884
95.604
21,277
61.481
27.079
253,402
24
884
95,604
21.277
61,481
27,079
444
688
75,8)7
2,630
22,330
947
60
77,682
3,416
3.467
231
1,892
267
7,721
253,200
221.037
13,017
78,701
12,396
61,131
19.129
310
3,167
61,448
4.112
22,582
554
Postage & statDnery
Legal & profe&8K>tMI
DeprectatK)n
Leasnig
Non recoverabk VAT
Bad debts
Motor expenses
Repairs & renewaLs
Age￿Y staff
Travel expenses
Sundries
SubsciiptK)
688
75,857
2,630
22,330
947
60
77.682
3.416
3,467
231
1,892
267
7.721
253.200
87,749
11.095
5.405
1,064
1,153
Govemance costs (5e¢ below)
Sw)p)rt costs {see below)
6.484
238,457
910,581
910,581
848,991
Of the total expenditure on charitable activities £910.581 {2023 £848.991) was unrestricted and £Nil (2023 £Nil) was
restricted.
-19-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Governance and Support costs
Tot21
Ullttstiieted
Total
Uwystrieted
2023
Suppbrt
Costs
Governance
Costs
2024
Stsff costs
Training costs
Light & ￿at
Te￿pknr
CEaning
Postage & Sta￿￿ry
Adverti8wE
LE￿[ & professiot
DepreciatK)n
Bank. ch￿S
Multiwemployer pensK)n scltn* costs
LeasuE
tntei'est on Overd￿ taxation
Non recO￿rnbk VAT
Cotllputer Costs
Motor expenses
Repars & tEnewaLs
Agency staff
Travel expetLses
SUndr￿s
SubscriptK)rt%
249,868
1,020
19,311
2,014
17
1,785
82
30,181
15229
2,392
5.468
2,630
249,868
,020
257,658
3,034
16,641
6,796
2.014
17
1,78)
82
30,181
15,229
1,039
418
14,390
18,232
1,690
5,324
4,112
748
9,674
2,662
2,)82
16,275
5,468
2,630
8,311
2,674
2,)71
8,311
2,674
2,571
34,135
420
2,714
7,269
1,271
177
11.878
420
2.714
7.269
1,271
177
1,311
2,449
1,457
A￿lt0￿S remur£rdtKin
11.878
9,975
389.539
11,878
401,417
376,832
These costs are app0ttKI￿d betsveents vdrK)us act]iq￿S of the clwty as slx)wn above a￿1 n Mte 9.
DetaiLs oflK>W they are apportm)￿d are Accolmt￿￿ Po￿￿8 in rK)te l.
-20-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Other- Cost of Managing Investments
Total
Total
Unrestiicted
2023
Unttstrieted
2024
Rates & wakr
Lght & heat
Te￿ph)r
Ckaning
ITs￿?nee
L£gal & prOfe￿￿)nal
[kp￿cVdtx)n
Not>recoverdbk VAT
Bad debts
Motor expenses
Repai13 & renewaL%
Trdvel expertses
SuThJJrs
Anllnal costs
Govcrnance costs (see Note 8)
Support costs {see Note 8)
7,139
63,867
7,377
584
4,870
3,056
6,742
3,694
497
15,635
58,446
6,204
3,138
6,908
1,565
4,916
6,007
,159
220
88,607
75,588
83
140
194
4,157
136,339
3.491
128,400
314,186
324,836
io
Parent Company SurpluslDeficit
As pennitted by section 408 of the Companie5 Act 2006. the parent company's income and expenditure account as a single
entity has not been includcd in these financial statements. The parent company's deficit for the financial year was £147,695
(2023= Gains of £1,333,657).
21-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Tangible Fixed Assets
Group
FRTehold
Plant aThJ F￿tll￿$
prnperty Ellacbinery
rittijigs
Motor
Vehicle
Total
Costlvaluation
At l Janw 2024
Additions
Dispo
Rethti0￿S
3,162.800
15.040
411,636
21.733
4,250
3.593,726
21,733
At 31 December 2024
3,162,800
15,040
433.369
4,?50
3,615,459
Depreciation
Al l January 2024
Charge tor year
Elimituted on dsposal
166,8IM)
63,256
13,723
402
355,426
37,787
3,760
490
539,709
101,935
Al 31 December 2024
230,056
14,125
J93,213
4,250
641,644
Net Book Value
At 31 December 2024
2,932,744
915
40,156
2,973.815
At 31 Deccthr 2023
2.996.0(Ki
1,317
56,210
490
3,054,017
-22-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
Tangible Fixed Assets (Contillued)
Company
Fttehold
PlaDt and 2nd
maebillery
rittings
Motor
Vehicle
pn)pe
Totsl
Costlvaluation
At l January 2024
AddiLions
Disposals
RevahwtK>r
3.162,8(K)
15,040
380,093
21,733
4,250
3,562,183
21,733
At 31 December 2024
3,162,800
15.040
401.826
4,250
3,583,916
Depreciation
Ai l Janwy 2024
ctmrge lor year
Eliminated on disposal
166,8(M)
63,256
13,722
402
3)1,63?
33.680
3,760
490
515,914
97,828
Ai 31 December 2024
230.056
14.124
365,312
4,250
613.742
Net Book Value
At 31 Decenl)er 2024
2,932,744
916
36,514
2.970,174
At 31 Decen*er 2023
2,996,(M)O
1,318
48.461
490
3,046,269
It is Barrowmore Limited's FK)licy to fornjally revalue its f￿hold property every three years. The freehold properties were
valued by S R Thellwell Chartered Surveyor in June 2024 on an existinu use fatr valuc and this valuation is i'eflected in the
figures above. The trustees do not consider that the existing use fair value iv&s materially different at 31 De¢ember 2024.
The historical cost of assets (freehold property) included in the above at valuation is £2.915.511 (2023.. £2,915,511) and the
aggregate depreciation thereon would have been £751,743 (2023: £693,433).
-23-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
12
Fixed Asset Investments
Inte￿$t in grnup
undertakings
Company
Cost
At l JanLWy 2024
Amounts ￿'itten offinyear
At 31 December 2024
The P￿￿1PaI gro￿) U￿le1￿kll￿ whth all ithTWJi2ted i) F￿ aThJ Waks:
0/0 of issued
onlinary shares
¢apital beld
Issued shal
Capital
Activity
Bamwnx)re Social EnterprEe Lthnited
Compatry NunA)er . 08772299
Operatx)n ofcafé
The trustees believe that the carrying value of Barrowmore Social Enterprises Limited is supported by its undei'lying net assets.
Detsils are included in Note 3 of these accounts.
13
Investment Property - Group and Company
Costlvaluation
At l Janwy 2024
AdditK)tLS
TrarL8fers
Rethtiorfj
5.888,000
At 31 tkcenlxr 2024
5,888,000
Net Book Value
At 31 December 2024
5,888,000
At 31 December 2023
5,888.000
It is Barrowmore Limited's policy to formally revalue its investtnent propcrtiC5 cvcry thi'ee years. The investment properties
weir valued by S R Thellivell Chartered Surveyor in Junc 2024 on an existing use fair value and this valuation is reflected in
the figwes atM)ve. The truste&s do not considcr that the existing use fair value was materially different at 31 Dccember 2024.
The historical cost of &85Cts included in the aiKsve at vduation is £2.078.372 (2023- £2,078J72).
-24-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
14
StoclLS
Grnup
Conyny
2024
2024
2023
2023
Pro￿l}nS
Goods for resak
3,722
1,950
1,117
3,722
1,950
5,049
3.067
3,722
1,950
15
Debtors: Amounts falling due within one year
Gmup
Company
2024
2023
2024
2023
Trade debtots
AmO￿ts owed by grow uyjertakt
Prepayments aNI accnrd in¢on
Other debtot3
113,607
105,036
112,436
22,348
1,635
47,986
104,592
18,403
1,020
374
1.635
47.986
,020
374
163.227
106,430
184,405
124,389
K6
Liabilities: Amounts falling due within one ye2r
Gn)up
Company
2024
2024
2023
2023
Trade credilors
T&¥ation a￿1 soco] securrty
OdKr Credi￿rS
AccnM& atbj deferred iKon
12,225
21.876
i2.462
85,969
9.619
18,819
50,234
86,85)
10,27)
15,767
52,462
84,658
7,464
13.110
50,274
85.855
172,532
165,527
163.162
156,703
-25-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
17
Operating IAse Commitments
The fo]bwr4g Operati￿ E&se payn*n& are Committ￿ to be paBJ 0￿r folk)Hryng perM)d.'
2024
2023
Withui one year
Between one atyj five years
5,580
2,883
5,492
7,477
8,463
12,969
18
Pension Commitments
Thc company opera￿S a defined contribuiion pension scheme. Contributions in the year 3Jnounted to £22.394
(2023: £26,845}. The atnount outstanding at the year*nd was £2,999 (2023: £2.795). Eniployer's conts'ibutions ￿'e based
upon 5 /0 Ot gross earnings and employees, contributions are between 30A and 50/0.
The company also participates in a multi-employerscheme which providcs benefits to some 1,300 non-asso¢iated participating
employers. The scheme is a defmed benefit schctnc in the UK and it is not tK)ssible for the company to obtain sulricient
intormation to enable it lo account for the scheme as a defined benefit scheme. Therefore, it accounts for the schetne as
defined contribution scheme. Thc 5chemc is classified as a 'last-man standing arrangement,. Thei'efor¢ the company is
potentially liablc for other participating employe￿. obligations if those employe13 are unable to meet their sharc ot.die scheme
deficit following withdrawal from the scheme. Participating employers are leg￿lY rcquired to meet their share of the scheme
deficit on an aj￿uLty purchase basis on withdrawal from the scheme.
As the scheme is in dcficit and the company has agreed to a delicit fvnding ojrangemen¢ the company, in accordance with
Charities SORP {FRS 102). recognises a liabiliry foi. this obligation. The amount recognised is the nct present value of the
deticit reduction contributions payable under the agreeiiient that relates to the deficit. The present value is calculated using
the discount ratc detailed in these disclosures. The unwinding of the discount ￿te is recogllised as a cost together with Jny
remeasureTnents calculated in the year in respect of the liability-
ReCOr￿]r￿tiOn of openi]g ck)sll]gdefr*d be￿ft pe￿￿}n Imbiky:
2024
2023
Present Vak￿ of liablÈy at start ofperK
Unwn￿lng otthe discount &ctor
Remeasurements. ￿ryact of any &S$￿tK)n8
Reme&suren￿￿%. an￿￿jnThts to contrEJthK)n sC￿U
4,863
9,146
138
63
9,605
331
{8)
9,806
323
De￿￿t contrbutK)ns paNJ
{4.606)
14,606)
'esent vakne ofioblity at etxl otperKMI
10,063
4,863
DiSCo￿t rate app￿d for the year
4.90/0
-26-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
19
Movement in Funds
Net
DM>veDxnt
At
l Jan 2024
At
31 Dec 2024
Un￿sti7Cted fuD(Ls
Ge￿ra1
Raokntion reserve
8,J88.923
1,090.264
(154,199)
{23,506)
8,234,724
1,066,758
9,479.187
(177.705)
9,301,482
Restiicted fim
23,000
23,000
Tot21 Funds
9.479.187
{154,705)
9,324,482
Net fiuxls. I￿￿led in alK>ve are as frylbws:
llleoming
Resources
Resoune
expended
GaiTr5 and
Transfer
sses
Movement
Unrestrieted funds
General fillxl
RevaluatK)n resetve
Restricted fillmis
Resitted fi]tKI
1,247,376
(1,41 i,275)
?3,506
(23,i06)
19,806)
(154,199)
(23,506)
23,000
Total Funds
1,270,376
(1.415.275)
(9,806)
{154,705)
The transfers belween the General Fund and the Revaluation Reseive relate to the deprcciation charge on the reV￿ued amount.
Restricted Funds
The restricted fund relales to a donation received of £23,¢100 specifically for the purchase of a minibus. The fimd movements
during year are as tollows..
Balance at
l Jgnuary 2024
lllcoming
Resource5
Resounes
expended
Balance at
31 Decemlxr2024
TratLsfer
MBNA Fo￿￿laIK>￿
23.000
23,000
23,000
-27-

Barrowmore Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 December 2024
20 Analysis of group net assets between funds
2024
Totsl
u[￿estrICted
Restiycted
Tarwbk fred assets
F￿ed asset inVeS￿nts
Cash at bank and M) ]wJxl
Other net cunrnt assetsl{IMblitKs)
Creditors d￿ Èn rnre than year
Defined be￿rrt pet￿￿)n IBbifty
2,973,815
5.888.000
453.986
(4.256)
2,973,815
5,888,000
476,986
{4,256)
23,(K)O
(10.063)
(10,063)
9,301,482
23,000
9,324,482
2023
Total
Unrestiicted
Re$tiic¢¢d
TarEbk fixed assets
Fixed &5set insEstrne
Cash at bar￿ atxl
Other net cutyent aSse￿(￿bIlt￿s)
Ctrditors lalling ni nN)re than or£ yvdr
tkfjned bel￿fi pet￿￿)n Sc￿n￿ Iobiltiy
3,054,017
5,888.000
i98.063
(56.030)
3,054,017
5,888,000
598,063
(56,030)
(4,863)
(4,863}
9.479.187
9,479,187
21
Related Party Disclosures
Transactions with the subsidiary companies or¢ disclosed in Note 3.
The amount due t-rom Bam)wmore Socia] Enterprises Limited at the balance sheet date was £22,348 {2023 - £18,403). Interest
oe balance of the loans at thc tnarket rntc of 4.754/0 and they arc i'epayable
of £945 (2023 - £514) has been charged on the avera.
on demand.
There are no further transactions with related parties to disclose.
28-