**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.
Page 1
**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
Page 2
**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
Page 3
**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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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: .............................................
Page 4
**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
Page 5
## **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
Page 6
**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...
Page 7
**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...
Page 8
**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...
Page 9
**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...
Page 10
**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...
Page 11
**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.
Page 12
**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
Page 13
**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
Page 14