REGISTERED CHARITY NUMBER: 1156747
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
The Kestle Barton Trust
Atkins Ferrie Chartered Accountants Lakeside Offices The Old Cattle Market Coronation Park Helston Cornwall TR13 0SR
The Kestle Barton Trust
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
The Kestle Barton Trust
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are to educate in and promote the arts for the public benefit and to further the development of the public appreciation of the arts.
The charity arranges artistic events and workshops and operates a gallery, accessible to the general public.
Public benefit
The trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Following our usual pattern of opening the gallery and garden at Kestle Barton during the week preceding Easter, we opened on April 1 2021 with an exhibition of painting, drawing and textiles by Helston based artist, Ben Sanderson. 'Green at an Angle' was a first solo exhibition for Ben, the work sparked by repeated encounters with nearby Trebah Gardens, where, in particular, for the last three years he has visited the UK’s largest magnolia tree during the week it is in bloom. Ben’s work aims to channel the array of sensations that plants offer us and a limited edition book, a collaboration between poet Rachael Allen and Ben of poems and paintings growing in parallel was produced for the occasion.
Precautions around preventing the spread of Covid 19 were still very important at this point in the year so we avoided encouraging a large audience for an opening event until June when the virus was less evident.
Our second exhibition, this of work by Jeffery Camp, opened on June 19 2021. It was curated by Dan Howard-Birt in collaboration with Camp’s gallerist Michael Richardson, of Art Space Gallery. 'Some People Dream A Lot' was the first solo exhibition of Camp’s work since he died in 2020, following a very long painting life, and a final burst of activity in 2010-12. Howard-Birt wrote,‘Posthumously, these works seem to meditate decisively on the impermanence of our vitality, but they do so with joy and an undiminished desire to look and to exalt the simple and profound beauty of light animating a body.’ A catalogue was produced.
The final show of our 2021 season was a new moving image work in three parts, 'Ray and Susie', by Naomi Frears. Naomi was commissioned to make a work that responds to the world within the extraordinary sheds and buildings that house Ray Exworth’s sculptures. At Kestle Barton our programme has included two previous exhibitions celebrating the quality of Ray’s work and the combination of care and chaos in the barns, shipping containers and sheds that contain it. Naomi chose to focus not only on the atmosphere within these buildings but on Susie, and her contribution to Ray’s working life. The work was shown alongside a piece of Ray’s sculpture retrieved from one of these densely packed barns that Susie continues to guard. A small publication was made.
In spite of Covid precautions and several weeks of self isolation for staff members, many activities took place at Kestle Barton, largely using our garden and other outdoor spaces. These included meetings of the Manaccan Embroiderers, the St Martin Book Club, CAST Saturday Club, visits from enthusiastic gardeners directed to us by the Yellow Book scheme, groups of students from the Fine Art department at Falmouth University, members of a bryological (mosses) society, several yoga groups and participants in flower painting and writing workshops.
Our Festival of Children’s literature had to be moved from its usual date in May to September so that the children from all the Lizard primary schools were able to safely gather together. Around 100 children in year groups 3-6 attended on each of two days with three talented children’s writers producing very enjoyable workshops. The teachers at these local schools are very appreciative of our Festival, they see huge value in children meeting authors and being exposed to themes which feature in their National Curriculum work as well as being very enjoyable.
One headteacher had requested more male writers at the Festival as making good role models for the children and we invited John Dougherty and Adam Baron. John writes amusing books very suitable for hesitant readers. He is also a poet and worked with the children on writing poetry. Adam Baron books are suitable for the slightly older children. Our other two writers live locally, Kirstie Forbes and Trixie Robertson, who produced very active and creative workshops where the children used clay and other materials to make figures followed by devising and enacting a short drama.
Artists who began or continued work at Kestle Barton with the support of Arts Council funding in 2021-22 included Fourthland who set up an off-site programme in part of Camborne Community Centre where Syrian refuges, now settled in West Cornwall, were able to gather with other local people. This project ran until Oct 2022 and will be reported on in year ending 2023.
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The Kestle Barton Trust
Report of the Trustees for the Year Ended 31 March 2022
'Trueda' was a camp led by artist and environmentalist Lauren Keeley following her programme of collecting together writings concerning anthropocene issues. Her interest in artist Gustav Metzger was sparked through this process and also by meeting Dr Elizabeth Fisher, a Leverhulme Scholar and past curator at Kettle’s Yard in Cambridge where she made an important exhibition of Metzger’s work. These connections led directly to an exhibition in Summer 2022 of iterations of work made by Metzger, the first to be held in Cornwall.
Also in Summer 2021, the report 'Agri/Culture 2.0' bringing together a group of carefully selected artists and experts with experience of sustainable agriculture, food systems planning, and participatory practice, was published. The report proposed that artists and audiences work together to create a new kind of sustainable food production effectively blurring the lines between cultural production, sustainable food production, and digital technology, thus creating a new form of production.
The launch event of 'Agri/Culture 2.0' on 7 August included a tour of the orchards, a talk by the authors of the report, an interactive exhibition in the Kestle Barton studio and an evening in the orchard around the campfire at Chaney’s 'Encampment Supreme' including an iteration of Bram Thomas Arnold’s performance 'Bibliotherapy for the Anthropocene'.
'Some Interesting Apples' was an autumnal gathering and tasting of collected feral apples, that artists William Arnold and James Ferguson led. William wrote, ‘There is an incredible gene pool of apples adapting to local conditions in hedgerows across the country. A lot of these will be of limited utility, and many of course will be seedlings of Golden Delicious or Gala etc, but some will have desirable characteristics, in terms of flavour and resistance to diseases and the vagaries of climate. In the context of the climate emergency and the ‘global weirding’ of weather systems this ability to adapt and thrive in a range of situations makes Malus an important species within potential robust novel ecosystems and as ongoing food resource.’
A delicious apple meal was made by artist Mollie Goldstrom and served to the tasters making a suitable ending to the season.
FINANCIAL REVIEW
Reserves policy
It is the trustees' view that the present level of reserves is sufficient for the current and future level of activity and will be adequate for the Charity's needs going forward.
It is not the Charity's policy to hold significant reserves.
At 31 March 2022, the total funds held are £46,947 (2021: £34,050), all of which are unrestricted. The free reserves of the charity are £43,874 (2021: £30,222).
The net surplus for the year as set out in the Statement of Financial Activities is £12,897 (2021: £15,269).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, dated 25 October 2013, and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
New trustees are recruited and appointed by the board of trustees.
Risk management
The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1156747
Principal address
Kestle Barton Manaccan Helston Cornwall TR12 6HU
Trustees
Mrs K S Townshend Ms T R S Gleadowe Mrs A J Bunning RIBA Mr M Osterfield
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The Kestle Barton Trust
Report of the Trustees for the Year Ended 31 March 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Miss Hannah Collison FCCA ACA BFP Atkins Ferrie Chartered Accountants Lakeside Offices The Old Cattle Market Coronation Park Helston Cornwall TR13 0SR
COMMENCEMENT OF ACTIVITIES
Activities commenced on 17 April 2014.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................................. Mrs K S Townshend - Trustee
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Independent Examiner's Report to the Trustees of The Kestle Barton Trust
Independent examiner's report to the trustees of The Kestle Barton Trust
I report to the charity trustees on my examination of the accounts of The Kestle Barton Trust (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Miss Hannah Collison FCCA ACA BFP Atkins Ferrie Chartered Accountants Lakeside Offices The Old Cattle Market Coronation Park Helston Cornwall TR13 0SR Date: .............................................
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The Kestle Barton Trust
Statement of Financial Activities
for the Year Ended 31 March 2022
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 103,939 - Charitable activities Workshops & exhibitions 23,145 - Total 127,084 - EXPENDITURE ON Charitable activities 3 Workshops & exhibitions 114,187 - NET INCOME 12,897 - RECONCILIATION OF FUNDS Total funds brought forward 34,050 - TOTAL FUNDS CARRIED FORWARD 46,947 - |
2022 Total funds £ 103,939 23,145 127,084 114,187 12,897 34,050 46,947 |
2021 Total funds £ 90,298 17,004 |
|---|---|---|
| 107,302 | ||
| 92,033 15,269 18,781 |
||
| 34,050 |
The notes form part of these financial statements
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The Kestle Barton Trust
Balance Sheet
31 March 2022
| Unrestricted Restricted fund fund Notes £ £ FIXED ASSETS Intangible assets 8 898 - Tangible assets 9 2,175 - 3,073 - CURRENT ASSETS Debtors 10 18,944 - Investments 11 1 - Cash at bank 27,976 - 46,921 - CREDITORS Amounts falling due within one year 12 (3,047) - NET CURRENT ASSETS 43,874 - TOTAL ASSETS LESS CURRENT LIABILITIES 46,947 - NET ASSETS 46,947 - FUNDS 13 Unrestricted funds TOTAL FUNDS |
2022 Total funds £ 898 2,175 3,073 18,944 1 27,976 46,921 (3,047) 43,874 46,947 46,947 46,947 46,947 |
2021 Total funds £ 1,197 2,631 3,828 4,209 1 29,605 33,815 (3,593) 30,222 34,050 34,050 34,050 |
|---|---|---|
| 34,050 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mrs K S Townshend - Trustee
The notes form part of these financial statements
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The Kestle Barton Trust
Notes to the Financial Statements
for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income mainly consists of funding received from the Arts Council to enable the running of the gallery and artistic events and workshops, in addition to income from the sale of art publications.
Government grants
Government grants are recognised as income when there is evidence of entitlement, receipt is probable and the amount can be measured reliably. Grants received are included as unrestricted funds within 'Donations and legacies'.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Support costs have been allocated between governance costs and finance costs. Governance costs are those items of expenditure incurred in the course of the charity's statutory obligations and include the cost of independent examinations and costs linked to the strategic management of the charity.
Support costs are wholly allocated to Workshops and exhibitions, given the nature of the support costs. These costs form part of the overall Workshop and exhibitions costs disclosed under Charitable Activities on the face of the Statement of Financial Activities.
Intangible assets
Intangible assets represent the PR Film and website development. These costs are being written off on a 25% reducing balance basis.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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The Kestle Barton Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES - continued
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar amount.
Financial instruments
The charity only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2.
DONATIONS AND LEGACIES
| Donations Gift aid Grants |
2022 £ 62,752 15,689 25,498 103,939 |
2021 £ 10,414 11,503 68,381 |
|---|---|---|
| 90,298 |
Grant income of £12,000 (2021: £45,331) relates to government grant income received in the form of Covid-19 business support and the Job Retention Scheme.
Other grant income of £13,498 (2021: £23,050) relates to monies received from the Arts Council.
3.
4.
CHARITABLE ACTIVITIES COSTS
| Workshops & exhibitions SUPPORT COSTS Finance £ Workshops & exhibitions (225) |
Support Direct costs (see Costs note 4) £ £ 95,979 18,208 Governance Other costs £ £ 13,127 5,306 |
Totals £ 114,187 |
|---|---|---|
| Totals £ 18,208 |
Included in governance costs is £2,700 (2021: £2,640) relating to the fees payable for the independent examination of the financial statements.
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
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The Kestle Barton Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
6. STAFF COSTS
7.
| 2022 £ Wages and salaries 32,344 Other pension costs 729 33,073 The average monthly number of employees during the year was as follows: 2022 Gallery & administration 1 Maintenance 1 2 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 90,298 - Charitable activities Workshops & exhibitions 17,004 - Total 107,302 - EXPENDITURE ON Charitable activities Workshops & exhibitions 92,033 - NET INCOME 15,269 - RECONCILIATION OF FUNDS Total funds brought forward 18,781 - TOTAL FUNDS CARRIED FORWARD 34,050 - |
2021 £ 33,061 742 33,803 2021 1 1 2 Total funds £ 90,298 17,004 107,302 92,033 15,269 18,781 34,050 |
|---|---|
continued...
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The Kestle Barton Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
8. INTANGIBLE FIXED ASSETS
| COST At 1 April 2021 and 31 March 2022 AMORTISATION At 1 April 2021 Charge for year At 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 9. TANGIBLE FIXED ASSETS COST At 1 April 2021 Additions At 31 March 2022 DEPRECIATION At 1 April 2021 Charge for year At 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments |
PR Film & website £ 2,837 1,640 299 1,939 898 1,197 Fixtures and fittings £ 6,237 269 6,506 3,606 725 4,331 2,175 2,631 2022 2021 £ £ 18,944 3,747 - 462 18,944 4,209 |
PR Film & website £ 2,837 1,640 299 1,939 898 1,197 Fixtures and fittings £ 6,237 269 6,506 3,606 725 4,331 2,175 2,631 2022 2021 £ £ 18,944 3,747 - 462 18,944 4,209 |
PR Film & website £ 2,837 1,640 299 1,939 898 1,197 Fixtures and fittings £ 6,237 269 6,506 3,606 725 4,331 2,175 2,631 2022 2021 £ £ 18,944 3,747 - 462 18,944 4,209 |
|---|---|---|---|
| 6,506 | |||
| 3,606 725 |
|||
| 4,331 | |||
| 2,175 | |||
| 2,631 | |||
| 2021 £ 3,747 462 |
|||
| 4,209 |
continued...
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The Kestle Barton Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
11. CURRENT ASSET INVESTMENTS
| Shares in group undertakings 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors 13. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: r Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds |
At 1.4.21 £ 34,050 34,050 Incoming esources £ 127,084 127,084 |
|
|---|---|---|
| Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: r Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.4.20 in funds At 31.3.21 £ £ £ 18,781 15,269 34,050 18,781 15,269 34,050 Incoming Resources Movement esources expended in funds £ £ £ 107,302 (92,033) 15,269 107,302 (92,033) 15,269 |
Net movement At 1.4.20 in funds At 31.3.21 £ £ £ 18,781 15,269 34,050 18,781 15,269 34,050 Incoming Resources Movement esources expended in funds £ £ £ 107,302 (92,033) 15,269 107,302 (92,033) 15,269 |
31.3.21 £ 34,050 |
|---|---|---|---|
| 34,050 | |||
| 15,269 |
continued...
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The Kestle Barton Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
14. RELATED PARTY DISCLOSURES
During the year, K Townshend (Trustee) made donations to the Trust of £62,752 (2021: £10,414).
During the year £1,725 (2021: £1,725) was paid to K Townshend as rent for the use of the meadow.
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The Kestle Barton Trust
Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Charitable activities Sales and venue hire Income from refreshments Total incoming resources EXPENDITURE Charitable activities Wages Pensions Rent Advertising Sundries Artist fees Other activity expenses Catering costs Gallery cover costs ACE funded expenses Professional fees Amortisation of intangible fixed assets Depreciation of tangible fixed assets Support costs Finance Bank charges Other Computer & internet expenses Insurance Light and heat Telephone Postage and stationery Repairs & garden maintenance Travel expenses Governance costs Accountancy and bookkeeping Carried forward |
2022 £ 62,752 15,689 25,498 103,939 21,606 1,539 23,145 127,084 32,344 729 1,725 1,298 479 3,920 25,874 4,780 3,605 14,825 5,376 299 725 95,979 (225) 240 1,831 1,020 369 72 9,144 451 13,127 4,245 4,245 |
2021 £ 10,414 11,503 68,381 |
|---|---|---|
| 90,298 14,009 2,995 |
||
| 17,004 | ||
| 107,302 33,061 742 1,725 1,180 115 6,853 13,487 734 1,080 18,550 3,503 399 877 |
||
| 82,306 900 185 1,606 1,444 532 150 - 338 |
||
| 4,255 3,983 3,983 |
This page does not form part of the statutory financial statements
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The Kestle Barton Trust
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| Governance costs Brought forward Terminal charges Professional fees Total resources expended Net income |
2022 £ 4,245 701 360 5,306 114,187 12,897 |
2021 £ 3,983 589 - |
| 4,572 | ||
| 92,033 | ||
| 15,269 |
This page does not form part of the statutory financial statements
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