BERNAFID'S ACRE
IA company limited by guarnntee)
UNAUDfTED ANANCIAL STATEMEwrs
YEAR TO 31W DECEMBER 2Q2

BERNARiYS ACRE
UNAUDtTED FINANCIAL STATEMEp¥rs
YEAR TO 315r DECEMBER 2022
Pago
Legal and Administrative Information
Trustees, Annual Report including Directors, Report
Indgpendènt Examinarfs Rèport
Ststement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-13

BERNARLYS ACRE
LEGAL AND ADMINISTRATIVE INFORMATION
YEAR TO 31- DECEMBER 21122
CHARrrY NAME
Bemard's Acre
REGisfERED CHARrrY NUMBER
1131269
REGISTERED COMPANY NUMBER
6932120
REGISTERED ADDRESS
15 Southemhay East
Exeter
Devon
EX1 10E
TRUSTEES
Mr A Heron Ichaimianl
Mrc Eggins
Mr P Hawes
R Heron
Mrs l Mathieson
Mr P Sowden
Mrs R Sowden
INDEPENDENT EXAMINER
Mr M B J Cronin MAAT FCIE
Bowhill Bookkeeping Service5
172 Newman Road
Exeter
EX41PQ

BERNARD'S ACRE
TRUSTEES. ANNUAL AEPOAT INCLUDING DIRECTORS. REPORT
FOR ThE YEAR TO 31ST DECEI1￿ER 2022
The trustees, who are also Director5 of the charÈty for the wrposes of the Companies Act 2LNJ6,
present their rerKJrt with the financial statements of the chartty for the year ended 31 rt December
2022. The finan¢ial statements have been prepared in accordance with the a¢counting poliei8s set
out on pages 9 and 10 and the charitable companies, Memorandum and Articles of Association.
sfBucTURE. GOVERNANCE AND MANAGEMEKr
Govèrning Document
The organisation is a charitable company limited by guarantee. incorporated on 12th June 2009
and registered as a eharity on 21" August 2009. The company was established under
Memorandum of Association which established the objectives and powers of the charitable
company and Is governèd under its Articles of Associaiion. In the event of the company being
wound up members are required to corrtribute an amount not exceeding £10.
Directors
The nam8s of persons who 8re dirèctors for the purpose of company law and trustees for the
purpose of ¢harity law. who seNed during the year and up to the date of this report, are set out
on pagel.
Recruitment and Appointmerrt of Dir8etoffs
The directors of the company are also chaiity trustees forthe purposes of charity law. Under the
requirements of the Memorandum and Articles of Association the directOTS are elected to serve
for a period of three years after which they must be reelected at the next Annual General
Meeting. The directois are also members of the company and the company has no members
who are not directors, therefore the Annual Gener31 Meeting was deemed to have taken place
a5 Part of the meeting of the directors at which the Accounts were presented for approval.
All directorshrustees give their time voluntarily and received no benefrts from the charity.
Trustse Induction and Training
No new trustees were appointed during the year. All trustees have visited Bernard's Acre and
volunteer in practical ways.
Addition8lly. trU￿88S famili8risè themselvès with the charity and the context within which it
operates. including-
The obligations of members
The main documents which set out the operational framework for the charity including the
Memorandum and Articles
Resourcing and the current financial position
Futur¥ plan$ and obje¢tiv¢$
Risk Management
The directors have reviewed the major risksto which the charity is exposed. Where appropriate,
systems or procedures have been established to mitigate the risks the charity faces.
Organisational Structure
Bernard's Acre has a board of d1￿CtorS who meet biannually lor more as required) ar7d are
responsibla for the strategic dIre￿10n and policy of the charity. At present the board has seven
members from a variety of professional backgrounds relevant to the work of the charity.
During the year. Rosemary Sowden was responsible for day to day administration of property
bookings, administration and finance. Paul Sowden was responsible for property m#tt8rs.

BERNARD'S ACRE
TRUSTEES. ANNUAL REPORT INCLUDING DIRECTORS. REPORT
FOR THE YEAR TO 31- DECEMBER 2022
During the year the Charity employed one part time caretaker 12 hours per week and in
Sept8mb8r the post holder increased her hours by 8 hours per week to covei the day-to-day
admini8tration of the centre bookings process.
OWEcfs AND ACTWMES
Purpos8s and Aims
Our charity's purposes as sei out in the objects contained in the company's memorandum of
association are:
The promotion of the Evangelical Christian Faith and in furtherance of this object to
provide a Christian Centre- and
The furtherance of such other charitable purposes as the charity shall determine.
The aims of our charity are to promote the evangelical Christian faith by providing premises for
use by church affiliated and other groups that respect our vèlues. These premises are known as
Bernard's Acre and are located at Belstone. Okehampton, Devon. We are an inclusive Christi8n
charity. Everyone is welcome to use our facilities. whether they are a person of faith or not.
The charity is a successor body to the unincorporated charitable trust known as The Bernard's
Acre Trust estsblished by deed executed on 10 January 1981. On 1 October 2009, the TTUSt
transferred the freehold property at Bernard's A¢re and its entire net assets to the charity. The
charity commenced the activities previously undertaken by the Trust on l October 2009. In 5th
June 2017 Bernard's Acre Trust was linked to the Trust by the Charity Commission.
Ensuring our Work Delivers Our Aims
When reviewing our aims this year the T￿SteeS have considered the Charity Commission's
published guid8nce on public benefit. The aim of our charity is to provide comfortable.
affordable. accessible accommodation for use by families. church affiliated groups and other
gioups that resect our values.
We review our aims. objectives and activities 8a¢h year. This review looks at what we achieved
ond the outcomes of our work in the period, the suGGess of the key artivities and the benefits
they have brought io those groups of people we are S￿ up to help. The review also helps us
ensure our aim. objectives and activities remain focused on Dur stated purposes. We confirm
we have given due Consideration to the Charity Commission's published guidance on the public
benefit requirement under the Charities Act 2011. when reviewing our aim and objectives and in
planning our flrture activities. In particular. the tru*ees ¢on$hder how planned activities will
contribute to the aims and obj¢rtiv¢s they have set.
The Focus of our Work
Our tnaitk objectives for the petiod weie to promote the evangelical Christian faith. We meet
these obje￿iveS by letting out the premises at Bernard's Acre to church affiliaied and other
Christian groups and individuals.
How our Activities Deliver Public Benefft
Our main activities and who we try to help are described below. our charitable activities focus
on th$ promotion of the evangelscal faith by the provision of suitsble premises for hire and are
undertaken to further our charitablÈ pUr￿$￿S for the public benefit.

BERNAIID'S ACRE
TRUSTEES. ANNUAL REPOFrr INCLUDING DIRECTORS. REPORT
FOR THE YEAR TO 315r DECEMBER 2022
ACHIEVEMENTS AND PERFORMANCE
Who used and benefrted from our SeNic
Bernard's Acre was let for 90% Of weekends during 2022 which is our primary letting pattem.
The occupancy rate during the November to M8rch low season increased to 44% with the mid-
season also increasing to 76*0. The Summer holiday AND Christmas high season rate remained
at nearly 90%. The impact of our work goes far beyond the individuals who stay ai Bernard's
A¢re. The bookings Teturned to a more nomial pattern, following the lockdowns of the Covid
19 pandemic which included chur¢h based groups and activities. including youth groups.
Beavers. Education81 groups. adult retreats as well as the family groups. Our work also benefits
the churches, families and comrnunFties to which guests belong with 8ddition81 ineome
generated by letting to families and groups for holidays during the periods when the centre
would otherwise be vacani.
In September 2022 we were able to appoint to another staff post to cover the adwninistrative
work bringing our totsl establishment to .6 including the caretaker.
FINANCIAL REVIEW
The charitsble company made an operating surplus in the year of £12.587. 12021
£24.7961.
surplus
Total income increased by 7% compared to the previous year. Lettings income showed a
significant increase of 50% compared to 2021 due to the fact that the centre was open for longer
as the Covid 19 pandemic had eased.
Toial expenditure showed a 58% increase on the previous year. The employment ofthe caretaker
for a full year as well a5 increase in heavlight ￿$ts and overall greaier use of the centre were
the reasons for the increase.
The charitable companws funds totalled £404.975 at the year*nd with net current assets totalling
£51,315.
Principal Funding Sources
The principal funding sources for the charity over this year were the letting of Bernard's Acre
and don8tions from supporters. In addwtion. we received one GovernmeTrt grant given to
hospitality vanues affècted by restrictions related to the Covid 19 pandemic.
Inv8Stm•nt Pollcy
Aside from retaining a prudent amount in resetves each year most of the charivs funds are to
be spent in the short term ¢on¢entrating on repayment of long term borrowing and upgrade of
Ihe premise5 in order to reach a carbon neutral position in the long term. so there are no funds
for long term investment.

BERNARD'S ACRE
TRUSTEES. ANNUAL REPORT INCLUDING DIRECTORS. REPORT
FOR THE YEAR TO 315T DECEMBER 2022
RESERVES POLICY
The directors have examined the charit￿$ regul￿ments for reserves in light of the main risks to
the o¥ganisation whÈGh would include a significant reduction in lettings income and the liabilities
associated wlth employment of staff. tt has estsblished a policy to hold at least 6 months of
unre*rÉGted expenditure. At the year-end reserves totalled £51,315 which was in excess of this
policy. We are theiefort intending io assign £25.000 for works to move Bernard'5 AGre towards
a carbon neutral position.
Budgets for the coming year forecast a net operating profit of £10.698 of which it is proposed up
to £10,000 would be earmarked for repayment of the mortgage capital.
Plans for FU￿re Porrods
The charity has a full booking diary for 2023. Wo are reviewng our mgrketing strategy in ordèr
to m8ximise the income that can be generated during the low $888on now the upgrade has been
completed allowing letting all year round.
STATEMENT OF TRUSTEE'S RESPONSIBILtnES
The trustees (who are also the directors of Bernard's Acre) are reskK)nsible lor preparing the
annu81 report and the accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare financi21 ￿atements for each financial year.
Under that law the directors have elected to prepare the financial statements in accordance with
United Kingdom Generally Accepted Accounting Practice.
Under company law the directors must not approve the financial statements unless they are
satisfied that they give a tiue and fair view of the stste of affairs of the charitable company for
that period. In preparing these financial statefflents. the directo￿ are required to:
selecl suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and pnJdent: and
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charity will continue in bysiness.
The directors are responsible for keeping adequate accounting records that are sufficient to show
and explain the company's transactions and disclose with reasonable accuracy at any time thè
financial position of the charitable company and to enable them to ensure that the financial
statements comply
with the Companie$ Act 2006. They are also responsible for safeguarding the assets of the
Charitable company and hence for iaking reasonable steps for the prevention and detection of
ftayd and other irregularities.
This report. whi
2006 relating to
their behalf by..
has been prepared in accordance with the provisions in the Companies Act
mall comp
nies. was approved by the trustees on 4 May 2023 and signed on
Alistair H•ron.
halr

INDEPENDENT EXAMINER'S REPORT TO THE TRVSTEES OF
BEBNARIYS ACRE
I roport on the accounis of the company for ihe year to 31# Oecember 2022 which arè sgt out on
pages 7 to 13.
R•spLmslbSlhl•s and bo•i• of r8wt
As the charitws truoee$ of the Company land 8190 tts dirathors forthe purpos05 of company lawl
vou ar¢ responsible for the prepar81ion of the account8 in accordance with tho rgquirtments of
Ihe Companies Act 20061.the 2006 Act'l.
Having satisfied myself that the 8ccounts of the Company are not required to be audited Under
Part 16 of the 2006 Act and are eligible for independent examination, I r8POrt in rtsp¢rt of my
exarwTrination of your charity's aCCOLtnrs as carried out ￿￿￿eT seGtion 145 of the Charities Act 2011
I'the 2011 Aa'l. In Garrying oui my examinaiion I have followed the Directions given by the
Ch8rity Commi88ion und8r s8Ction 145151 Ibl of ihe 2011 ACL
Indep•nd•nt •xaminer's rtatsm•nt
I have completed my examination. I confirm thal rKJ mattels have come to my attention in
conneclion with the examination giving me cause to believe-
aGGounting I￿ordS were not kept in re8pect of the Company as required by section 386
of the 20C￿ aci- or
thè aeeounts do accord wrÉh those record5." or
the 8Ctounts do noi comply with the accounting requirements of section 396 01 the
2006 Act othèr than any r8quirement that the accounts give a 'true and fair vi8w' which
is not a matter considered as pan of an independent examination.. or
the accounts have not been prepareo in acwrdance wÈih the methods and principles
of the Statement of R8comfflended Pr3cti¢e lor actountÈng and reporting by chaTltie5
lapplicable to chgrrties preparing their accounts in accordance wsth the Financial
Aeporting Standèrd èppli¢able in the UK and Flepublic of Ireland IFRS 10211.
I have no concerns and I havÈ tomè aeross no Other matters in connection with the examin81ion
to which attention should be drawn in this report In order to enable 8 proper understanding of the
accounts lo be reached.
M Grgnin MAAT FQE
Bowhlll Bookkeeping Service5
172 Newman Road
Exeter
EX4 1PQ

BERNARIYS ACRE
STATEMEpif OF HKANCIAL ACTivmES
(INCLUDING INCOME AND EXPENDrruRE Accoupm
YEAR ENDED 31 DECEMBER 2022
Totsl
Funds
2022
Totsl
Fund5
INCOME FROM:
Donations
Charitable activities-. LEtting's incitrm•
Othertrading activities
Investment income.. Bank inter8Èt
Other Ineome
14
19.657
32.317
48.706
228
221
45
TOTAL
52,023
EXPENDrruRE ON..
Charitable activities
15
43.137
27.227
43,137
27,227
N￿MOvEmENT IN FUNDS
24.796
RECONauATtON OF FUNDS:
TryfAL FUNDS 8ROUGlff FORWAJID
367.592
392,388
The statement of financial auiviiies includes all gains and losses in the period.
All ineoming resources and resources expended derNe from continuing a¢tivitig8.

BERNARIYS A(JIE
BALANCE SHE
AS AT 3111 DECEMBER 20T2
At 311¢
At31st
DeGemb¢r
FIXED ASSErs:
Tangible assets
419039
CURRENT ASSErs:
Debtors
Cash at bank and in hand
4.811
57.061
2.224
71,079
61.872
73,303
UABILMES:
Creditors.. Amounts falling due wtthin one year
{10￿57)
18,7541
NEf CURRENT ASSErs
51J15
TOTAL ASSEfs LESS CuRRE￿r UABILMES
486.975
484,388
Creditoys.. Amounts falling due after one year
Igoooi
192,lJOOI
TOTAL ASs￿s
392JBB
THE FUNDS OF THE CHARITY..
Unrestricted Funds
Revaluation ReseNe
154375
250.000
142,388
250.000
TOTAL cHAR￿y FUNDS
404￿15
392J88
For the year ending 31st December 2022. the charitable company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companie5.
The notes on pages ￿13 fom an integral part ofthese aeeounts.
Responsibilities of trust
lal The members have not required the charitable company to obtain an audit of its accounts for the yea¥
in question in accordance wtth section 476 of the Companies Act.
Ibl The trustees acknowledge their responsibilTties for complying with the requirements of the Companies
Act with respect to accounting records and the preparation of accounts.
These financial ststements have been prepared in aeeordanee wtth the provisions applicable to companies
subject to the small companies, regime and with the Financial Reporting Stsndard 102 and were approved by
the trusteeslon 4" Ma
2023 and signed on their behalf by:
Alistsir H•r<>n. Cha

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMErus
YEAR TO 31- DECEMBER 2022
AccouTrillNG POLICIES
al Basis of Accounling
The financial statsments have been prepared under the historical cw convention with itèms
recognised at cost or transaction value unl&ss otherwise stated in the relevant notes to the8e
accounts. The financial statements have been prepared in accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordance with ihe Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS
1021 (second edition- Qctober 20191 (effective l January 20191 and the Financial Reporting StarTrdard
applicable in the Unitsd Kingdom and Republic of Ireland IFRS 1021. The financial statements have
also been prepared with the Charities Act 2011 8nd the small Companies regime (section 419121 of
the Companies Act 2￿6.
Bernard's Acre meets the definition of a publlc benefit entiry under FRS 102.
bl Tangible Fixed Assets
The fr88hold property is stated at estimated market value and is not depreciated.
Equipmènt costing more ihan £750 is capitalised and depreciated at 15% on a straight line basi5.
cl Debtors and Prepayments
The gtft aid debtor is recognised and included as income when there is a valid declaration from the
donor. Prepayments are valued at the amount prepaid net of any trade discounts due.
dl C•$h at bank
Cash at bank includes short term highly liquid investments wth a short maturity of three months or
less from the date of acquisition or opening of the deposit or similar account
el Creditovs
Creditors are recognised when the charity has a present obligation wulting from a past event that
will probably result in the transferof fijndsto a third partyand the amount due to settle the obligation
can be measured or estimated reliably. Creditors are normally recognis8d at th84r s8tt18ment
amount aft8r allowing for any trade discounts due.
D￿arr8d Ineomo
The charty ha5 included in creditors lettinus dewsits rtteived in advance as deferrpAI income. The
following table shows the movement in the deferred income account.
2022
Balance Brought Forward
Deposits received in advance in the year
Deposits paid from previous year
6375
8,070
152121
6A29
6319
15,7731
Balance Carried Forvrdrd
9.133
6.975

BERNARD'S ACRE
YEAR TO al￿ DECEMBER 2022
ACCOUNTING POUCIES l¢i*rtinuedl
Income
l income is included in the Statement of Financi81 Activities ￿en the charity 1$ legal￿ entitled to
the inwme. receipt is probable and the amount can be quantified with reasonable accuraLy.
Grants and donations are recognised when received by or on behalf of the charity. Gtft aid tsx
refunds are recognised on a receivable basis.
Government grants are recognised when the charity is entttled to the granl receipt is probable and
the amount can be measured reliablv.
Income from ¢h8ritsble letting 1$ 8¢¢ount8d for when eamed.
Other trading activities income and investment income is induded when receivable.
h)
Exp•ndtturn
Expenditure 1$ tn¢luded on an ai*rual$ b8$iS.
Charitable expenditure are costs incurred by the charity in the delivery of its activities and services
for its beneficiaries.
Th• Funds of tha Charity
Funds held by the ¢harity a￿-
Unrestri¢t8d Funds
These are funds that are not subject to any restrictions regarding their use and are available for
application wthin the charitable objects for the general wr￿seS of the charrty.
Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are inwtTrally reco9nised at transaction value and
subsequently measur￿1 at their settlement value.
kl
Going GOn￿rn
The trustees consider there are no mèterial uncertainties a￿ut the charivs ability to continue as a
going concern.
LEGAL STATUS OF THE CHARrrY
The charity is a company limited by guarantee and has no share capital. The liability of each member in
the event of winding up is limited to £10. The charitable ￿MpanY is UK based and its registered address
is.. T5, Southernhay East. Exeter. EX1 10E.
10

BERNARr￿ ACRE
NOTES TO THE FINANCIAL sfATEMEiirs
YEAR TO 31- DECEMBER 2022
TAXATION
As a charitable company. Bemard's Acre is exempt from tax on income and gains falling within sections
466 to 493 of the Corporattron Tax A¢t 2010 and section 256 of the Taxation of Chargeable Gains Act 1992
to the extetlt that these are applied to its chatitsble purposes. No tsx charges have arisen in the charity.
TANGIBLE FIXED ASSETS
Totsl
& Equipmont
COSTIVALUATION
At 1 January 2022
Additions for the year
400.000
33.969
24,608
433,%9
24,flJ8
At 31 December 2022
400.000
58.577
458.577
DEPRECIATION
At 1 January 2022
Charge for year
14.130
8.787
14.130
8,787
At 31 December 2022
22.917
22.917
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
19.&J9
419039
DEBTORS
2021
other D8biors'. Gift Aid
er Debtors.. Letting Income
her Debtors.. OEher Income: Water Supply RNerside Cottage
Prepayments
313
211
2.1(
2.013
4￿17
2224

NOTES TO THE FINANCIAL sTATEME1￿s
YEAR TO 31- DECEMBER 2022
CREDrroRS.. Amounts falkng du• wrthin on• y•ar
2022
202?
Other Creditors
Accruals 8nd deferred income
167
10.390
432
8322
lo￿7
8.754
CREDrroRS: Amounts lalling du• after one year
A loan of £100.000 has been offered by The Loraine Christian Trust Y￿th interest charged at 4% over a
period of up to fifieen years. The full £1(Kl.C(10 of this loan had been drawn down and £18,000 repaid at
the balance sheet date.
EMPLOYMEpif COSTS
Total remuneration for the year amounted to £9,473. Gross salaries amounted to £9,227. Ernployers,
national insurance totalled £174 which was covered by the employment allowance and is shown as'other
income.. Employer pension payments amounted to £72.
There were no employees with remuneraiion above £60.0￿.
Theaverage numberofemployees was 1.12021-11
TRUSTEES. REMUNEFIATK)N AND EXPENSES
No remuneration directly or indir￿Y out of the funds of the charttable oJmpany 15 paid or 15 due for the
vear to any twstee.
The chariVs insurance included trustee indemnity insurance.
No reimbursement of expenses in respert of services provided has been made or is due to be made to
any of the trustees in respeGt of the year.
10. RELATED PARTY TRANSACTIONS
Equipment and work done totalling £453 was paid for by the charity to a company vth8r8 th8 son of two
ot the trustees is a director. Thero wore no fvrth8r related party tr8n$8ctions during the year.
11. SUPPLY OF WATER TO RIVEFISIDE cO￿AGE
A deed has been drawn up between Bemard's Acre and Fliverside Cottage regarding water supplied via
Bernard's Acre. The costs of metered water and stsnding charge are shown in other income.
12. GoVERNmETr￿ GRATrtrs
During the year. the charity recetved one government grant totalling £2.W This w8S 8 funding package
given by the govefflmerrt and applied to certain businesses affected by the Coronavirus outbreak.
13. ACCOUNTANCY & INDEPENDEf+lT EXAMINATION
£69) was paid for Ehe charitys independent examination in the year whicf¢ included an element for
accounts preparation.

BERNARtyS ACRE
YEAR TO 316r DECEMBER 2022
Unr•strirtd Funds
Total
Fund5
Total
FurKIs
2021
INCOME FROM:
DonatK*ns
Grants and Lknnations
G4ft Aid tax refijnds
Government Grants
14.
3311
78
15,668
313
12
19.657
EXPENDITURE ON:
Charitablu activitsos
Employm8nt costs
Advertising
H•¥ting & knghting
Insurance
Water & Sewage
Waste Disposal
Telephone
Repairs. maintenance and ￿uIpMent
Cleaning 8xpgnses
Flent & Rates
A¢¢ountaTV & Indepondentexamination
Wobsiio oxponsos
Payroll charges
Bank charges
Miscellaneous exp8n8es
Loan IF)terest
Depreciation
9A73
889
517
3.007
2.756
385
1.005
672
5227
1.762
241
670
19
5A31
3￿14
13
3S1
81
620
96
837
8,787
5.095
43.137
27227
13