Charity registration number 1156747 (England and Wales)
THE KESTLE BARTON TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE KESTLE BARTON TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mrs K S Townshend Mrs A J Bunning Mr M Osterfield Ms T R S Gleadowe Charity number (England and Wales) 1156747 Principal address Kestle Barton Manaccan Helston Cornwall England TR12 6HU Independent examiner Hannah Collison FCCA FCA Bfp bk plus Limited Lakeside Offices Coronation Park Helston TR13 0SR
THE KESTLE BARTON TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Statement of trustees' responsibilities | 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 16 |
THE KESTLE BARTON TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Objectives and activities
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 paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
An exhibition of work by a young artist, Nina Royle, whose studio is at CAST in Helston opened our year - And so, the magpies multiply (March 23 - June 9). Nina showed paintings, made on wooden panels with gesso surface, bronze mirrors, ceramics and works on fabric. She also led workshops on making a gesso surface and, later in the year, botanical inks and dyes.
Soundcamp was planned for International Dawn Chorus Day, May 4th. This is a 24 hour long programme of live stream sound, spanning the world and tracking the Dawn Chorus from hour to hour, led by Dr Bram Thomas Arnold of Falmouth University. Camping and live music were planned but the event had to be called off because of heavy rain.
Story Days, our annual Festival of Children’s Literature for all primary school children on the Lizard took place in May. Writers Nick Arnold, Justyn Edwards and Elisabeth Sharp Mcketta led activities for over 200 children on two wonderful spring days.
Anthology of Rural Life - Farmers of The Lizard , (June 15 - Sept 1) is a narrative around shifts in rural life and some of the complexities currently facing the countryside by Colin Robins and Oliver Udy who are British documentary photographers based in Cornwall. Both are academics teaching photography, They have been collaborating on the Anthology of Rural Life project for over ten years shedding light on life in diverse European rural areas. So far, their work has taken them to Finland, Italy, Poland, Hungary, Turkey as well as different areas of the UK. This was an opportunity for them to work with farmers on The Lizard. producing wonderful black and white portraits of farmers and their families in their farmyards and to show these alongside those of their European counterparts. The complete project will be archived at Kresen Kernow.
We were very pleased to be able to invite all the participating farmers and the photographers to a celebratory lunch of locally made food provided by the Greenhouse in St Keverne.
Colin Robins and Oliver Udy led very successful workshops producing portraits made by adults and, on another occasion, students from Mullion school, using a large format camera.
On July 20 and 21 we held a series of talks and conversations sited in a large tent in our meadow. This was Tent Talks 1 and 2.
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THE KESTLE BARTON TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Tent Talk 1, Food systems, Farming and Land Use considered how our food shapes the landscape. Leading the day were Vicki Hird who is Strategic Lead on Agriculture for The Wildlife Trusts UK and Jane King who is a Senior Researcher at Zero Hour, the campaign for the Climate and Nature Bill, working with scientists to present the latest evidence, for parliamentarians and the public. Dr Harriet Bunning spoke on current trends in cattle breeding and led an entertaining game of Top Trumps cow breeds in which producing less methane was an extremely desirable attribute. A panel of Lizard farmers Chris Hosken, David Webb, Rona Amiss and Geoff Williams, led by Peter Green, ended the afternoon.
Tent Talk 2 Creative Practice and the Land was led by Colin Robins and Oliver Udy introducing their photographic work in the gallery followed by discussion. In the tent, photographers Jo Bradford, Oliver Raymond Barker, Joanne Coates and Jem Southam spoke very movingly about their work.
National Meadows Day (July 6) organised by Wildlife Groundswell was celebrated at Kestle Barton as it has been for several years. The County Plant Recorder Ian Bennalick came and identified 48 different wild flowers in our meadow, 18 grasses and 3 rushes. Everyone was given a Gear Farm pasty and invited to Roscuik farm where we looked at the machinery they have for gathering seed from meadows. We hoped that Kestle Barton’s seed would be collected in 2025 - which indeed it has.
On August we held a bonfire meal for a newly formed Friends of Kestle Barton.
Naomi Frears’ exhibition of paintings and works on paper Night after Night (Sept 7 - Nov 2) was a great success with good attendance and sales. Naomi described the show as consisting of revisiting ‘stuck’ works. She says, ‘I love not knowing where a painting is going. I think all artists have their peculiarities and this is mine. If there’s a chance for something surprising to happen, that’s the way I’ll go – I’ll change everything. Sometimes, however, a painting pauses – often for quite a long time – as I try to work out how to solve the visual problem I’ve made.’
During the year Alice Fox returned to Kestle Barton several times to lead workshops, help grow a crop of flax in our circle and to prepare for her exhibition in 2025. Our Artists’ Apartment is invaluable for this purpose.
The year at Kestle Barton closed as usual with Some Interesting Apples, the guided taste trial of feral or wayside apples, the brain child of James Ferguson and William Arnold. So far they have introduced 330 new apples, the best of which have been grafted to root stocks and planted on National Trust land adjacent to Kestle Barton. An invaluable reserve of very hardy locally, and tasty fruit.
Financial review
At 31 March 2025, the total funds held are £32,544 (2024: £15,428), £4,000 being restricted funds and £28,544 being unrestricted funds. The free reserves of the charity are £26,459 (2024: £12,648).
The net surplus for the year as set out in the Statement of Financial Activities is £17,116 (2024: £3,289 deficit).
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.
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, dated 25 October 2013, and constitutes an unincorporated charity.
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs K S Townshend
Mrs A J Bunning Mr M Osterfield Ms T R S Gleadowe
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THE KESTLE BARTON TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Recruitment and appointment of trustees
New trustees are recruited and appointed by the board of trustees.
Other matters
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.
The trustees' report was approved by the Board of Trustees.
Mrs K S Townshend
Trustee
27 January 2026
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THE KESTLE BARTON TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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THE KESTLE BARTON TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE KESTLE BARTON TRUST
I report to the trustees on my examination of the financial statements of The Kestle Barton Trust (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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I have completed my examination. I confirm that no 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 charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Hannah Collison
FCCA FCA Bfp bk plus Limited Lakeside Offices Coronation Park Helston TR13 0SR 27 January 2026
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THE KESTLE BARTON TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 2 68,649 6,400 Charitable activities 3 38,114 - Total income 106,763 6,400 Expenditure on: Charitable activities 4 93,647 2,400 Total expenditure 93,647 2,400 Net income/(expenditure) and movement in funds 13,116 4,000 Reconciliation of funds: Fund balances at 1 April 2024 15,428 - Fund balances at 31 March 2025 28,544 4,000 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 75,049 76,114 4,000 38,114 15,746 - 113,163 91,860 4,000 96,047 95,149 4,000 96,047 95,149 4,000 17,116 (3,289) - 15,428 18,717 - 32,544 15,428 - |
Total 2024 £ 80,114 15,746 95,860 99,149 99,149 (3,289) 18,717 15,428 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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THE KESTLE BARTON TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Intangible assets 10 Tangible assets 11 Current assets Debtors 12 Investments 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 16 Unrestricted funds 17 |
2025 £ 28,739 - 5,343 34,082 (3,623) |
£ 379 1,706 2,085 30,459 32,544 4,000 28,544 32,544 |
2024 £ 16,705 1 1,008 17,714 (5,066) |
£ 505 2,275 |
|---|---|---|---|---|
| 2,780 12,648 |
||||
| 15,428 | ||||
| - 15,428 |
||||
| 15,428 |
The financial statements were approved by the trustees on 27 January 2026
Mrs K S Townshend Trustee
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
The Kestle Barton Trust is a an unincorporated charity.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Income mainly consists of funding 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.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Supports costs have been allocated between governance costs and other administrative costs associated with the running of the gallery. 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 pf the charity.
Supports 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.
1.6 Intangible fixed assets other than goodwill
Intangible assets represent the PR Film and website development. These are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
PR Film and website 25% reducing balance
1.7 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 25% reducing balance Computers 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 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.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
2 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 68,649 - Grants - 6,400 68,649 6,400 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 68,649 70,614 4,000 6,400 5,500 - 75,049 76,114 4,000 |
Total 2024 £ 74,614 5,500 |
|---|---|---|
| 80,114 |
Grant income of £2,400 relates to funding received from the Cornwall Community Fund for the 2024 Festival of Children's literature. The remaining £4,000 related to funding from the Henry Moore Foundation for a Georgia Gendall exhibition.
3 Income from charitable activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Workshops and exhibitions | ||
| Sales and venue hire | 26,235 | 7,004 |
| Income from refreshments | 11,879 | 8,742 |
| 38,114 | 15,746 |
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
4 Expenditure on charitable activities
| Workshops | Workshops | |
|---|---|---|
| and | and | |
| exhibitions | exhibitions | |
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 39,371 | 43,220 |
| Depreciation and impairment | 695 | 926 |
| Rent | 1,723 | 1,725 |
| Advertising | 1,589 | 1,299 |
| Sundries | 334 | 541 |
| Artist fees | 13,243 | 7,020 |
| Other activity expenses | 12,509 | 18,989 |
| Catering costs | 4,192 | 4,013 |
| Gallery cover costs | 4,353 | 4,328 |
| ACE funded expenses | - | 1,500 |
| Exhibition expenses - professional fees | 1,820 | 650 |
| 79,829 | 84,211 | |
| Share of support and governance costs (see note 5) | ||
| Support | 12,635 | 11,043 |
| Governance | 3,583 | 3,895 |
| 96,047 | 99,149 | |
| Analysis by fund | ||
| Unrestricted funds | 93,647 | 95,149 |
| Restricted funds | 2,400 | 4,000 |
| 96,047 | 99,149 |
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
5 Support costs allocated to activities
| 5 Support costs allocated to activities |
||
|---|---|---|
| Computer and internet expenses Insurance Light and heat Telephone Postage and stationery Repairs and garden maintenance Travel expenses Disposal of investment in subsidiary Governance costs Analysed between: Workshops and exhibitions Governance costs comprise: Accountancy Legal and professional Terminal charges 6 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets Amortisation of intangible assets |
2025 £ 234 778 4,376 327 519 5,822 279 300 3,583 16,218 16,218 2025 £ 2,976 456 151 3,583 2025 £ 2,340 569 126 |
2024 £ 535 1,274 5,665 445 136 2,018 970 - 3,895 |
| 14,938 | ||
| 14,938 | ||
| 2024 £ 3,346 132 417 |
||
| 3,895 | ||
| 2024 £ 2,580 758 169 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
8 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Gallery and administration | 1 | 1 |
| Maintenance | 1 | 1 |
| Total | 2 | 2 |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 37,367 | 40,511 |
| Social security costs | 1,109 | 1,759 |
| Other pension costs | 895 | 950 |
| 39,371 | 43,220 |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Intangible fixed assets
| Intangible fixed assets | |
|---|---|
| PR Film and | |
| website | |
| £ | |
| Cost | |
| At 1 April 2024 and 31 March 2025 | 2,837 |
| Amortisation and impairment | |
| At 1 April 2024 | 2,332 |
| Amortisation charged for the year | 126 |
| At 31 March 2025 | 2,458 |
| Carrying amount | |
| At 31 March 2025 | 379 |
| At 31 March 2024 | 505 |
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 11 Tangible fixed assets Fixtures and fittings Computers £ £ Cost At 1 April 2024 6,506 1,868 At 31 March 2025 6,506 1,868 Depreciation and impairment At 1 April 2024 5,282 817 Depreciation charged in the year 306 263 At 31 March 2025 5,588 1,080 Carrying amount At 31 March 2025 918 788 At 31 March 2024 1,224 1,051 12 Debtors 2025 Amounts falling due within one year: £ Other debtors 28,739 Prepayments and accrued income - 28,739 13 Current asset investments 2025 Notes £ Investments in subsidiaries - 14 Creditors: amounts falling due within one year 2025 £ Other taxation and social security - Trade creditors 1,017 Other creditors 2,606 3,623 |
Total £ 8,374 |
|---|---|
| 8,374 | |
| 6,099 569 |
|
| 6,668 | |
| 1,706 | |
| 2,275 | |
| 2024 £ 15,239 1,466 |
|
| 16,705 | |
| 2024 £ 1 |
|
| 2024 £ 784 1,244 3,038 |
|
| 5,066 |
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 15 | Retirement benefit schemes | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Defined contribution schemes | £ | £ | |
| Charge to profit or loss in respect of defined contribution schemes | 895 | 950 |
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions outstanding at the balance sheet date are £266 (2024: £254).
16 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 April | Incoming | Resources | At 31 March | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| Cornwall Community Fund | - | 2,400 | (2,400) | - |
| Henry Moore Foundation | - | 4,000 | - | 4,000 |
| - | 6,400 | (2,400) | 4,000 | |
| Previous year: | At 1 April | Incoming | Resources | At 31 March |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| Cornwall Community Fund | - | 4,000 | (4,000) | - |
The Cornwall Community Fund relates to amounts received for the Festival of Children's literature - these funds were fully utilised during the year.
The Henry Moore Foundation relates to funding for a Georgia Gendall exhibition. These funds were utilised in Spring 2025 and are outstanding at the balance sheet date.
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At | 1 April | Incoming | Resources | At | 31 March | |
|---|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |||
| £ | £ | £ | £ | |||
| General funds | 15,428 | 106,763 | (93,647) | 28,544 |
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THE KESTLE BARTON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 17 Unrestricted funds Previous year: At General funds 18 Analysis of net assets between funds At 31 March 2025: Intangible fixed assets Tangible assets Current assets/(liabilities) At 31 March 2024: Intangible fixed assets Tangible assets Current assets/(liabilities) |
(Continued) 1 April 2023 Incoming resources Resources expended At 31 March 2024 £ £ £ £ 18,717 91,860 (95,149) 15,428 Unrestricted Restricted Total funds funds 2025 2025 2025 £ £ £ 379 - 379 1,706 - 1,706 26,459 4,000 30,459 28,544 4,000 32,544 Unrestricted Restricted Total funds funds 2024 2024 2024 £ £ £ 505 - 505 2,275 - 2,275 12,648 - 12,648 15,428 - 15,428 |
|---|---|
19 Related party transactions
During the year, K Townshend (Trustee) made donations to the Trust of £54,849 (2024: £59,411).
During the year £1,725 (2024: £1,725) was paid to K Townshend as rent for the use of the meadow.
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