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2022-03-31-accounts

Barnes Wallis Foundation

Trustees’ Annual Report for 2021/22

The difficulties resulting from the restrictions imposed because of the Covid 19 pandemic continued for much of this year. As a result, our activities have been severely curtailed. However, the Foundation’s financial position remains strong. The outreach activities have resumed through presentations via Zoom, or similar platforms, albeit at a lower frequency than pre-pandemic.

Where decisions have needed to be taken by Trustees, we have adopted the practice of requiring unanimous agreement via email. This has worked satisfactorily since, with the reduced level of activity, the need for decisions has reduced considerably.

We have continued our support for the Barrow & District Association of Engineers (BDAE) programme of granting awards and bursaries to young potential engineers. BDAE keep us informed on the development of the programme.

Trustees have been involved in giving presentations on the life and work of Sir Barnes Wallis either in person or more commonly using Zoom online presentations to a wide range of organisations.

As in previous years we continue to respond to queries received from members of the public, mainly via our web site, about various aspects of Sir Barnes Wallis’ work life and work.

We anticipate that interest about Barnes Wallis will grow in 2022/23 with the 80[th] Anniversary of the Dambusters Raid falling in May 2023.

This report and the accounts have been agreed unanimously by all trustees via email.

Peter Rix Trustee

8 January 2023

Barnes Wallis Foundation

Summary of Accounts for the Year 1 April 2021 to 31 March 2022

Expenditure
Website 86.33
£
Miscellaneous -
£
Storage 1,444.58
£
Sponsorship 500.00
£
Bank Charges 15.00
£
2,045.91
£
Income
Sales 39.00
£
Donations 50.00
£
Subscriptions 110.00
£
Interest 57.08
£
256.08
£
Profit/Loss 1,789.83
Opening & Closing Balances
Financial Year 2019-20
Current Account Savings Account Total
Opening Balance £ 4,491.53 £ 43,000.00 £ 47,491.53
Closing Balance £ 3,763.31 £ 43,000.00 £ 46,763.31
Increase/Decrease -£ 728.22 £ - -£ 728.22
Financial Year 2020-21
Current Account Savings Account Total
Opening Balance £ 3,763.31 £ 43,000.00 £ 46,763.31
Closing Balance £ 1,793.34 £ 43,000.00 £ 44,793.34
Increase/Decrease -£ 1,969.97 £ - -£ 1,969.97
Financial Year 2021-22
Current Account Savings Account Total
Opening Balance 1,793.34
£
43,000.00
£
44,793.34
£
Closing Balance 5,003.51
£
38,000.00
£
43,003.51
£
Increase/Decrease 3,210.17
5,000.00
£
1,789.83

Prepared by: C J Henderson Treasurer & Trustee 31 May 2022