The Charity Regislralion Number is :. 1161508 The Barnes Institute Report and Accounts 30 April 2024 9TEPHENgON COATE8 AUDIT UMITED Chartered Accountants Wesl 2, Asama Court, N?vK4s1g Business Park, N¢wxstle up)n Tyne, NE4 7YO 0191258 7766
Th¢ Bam99 In•tllut• Report and i¢¢ounts lor ihe ypar ended 30 April 2014 Contsnts Page ChAvbty Infumalion Tiust¢•s' AhDu•I Pport stAtement of dlTe¢tor8' re4V78ibFIFU Indwdtht A(ntOnt'& Report 10 Fuftrfs S¢4f•m8nts.". siatempnt of Flnancial Arthltle8 12 Statement of Financ¢al AGkn'vitieB- Prlor Year &tat•mtnt Stotamjnl ol lot81 r•cognI81 aain8 Io•B•g mom8n In 13 13 14 R•4thaiioTr r•B•Th• RevenLte Funda Fixed Ass*A funds Inccrne and Expendtturt a¢tount Summary ol fund• 14 15 15 16 16 Balance Jh• Cuh Ik>w stthqnt Note• to Ihe 17 18
The Bmes Institut• Trustees, Annual Report lor th• yoar Vndgd JO Aprll 2024 Thv Iru•t•n w•wrt Ihthy R•ptyt 4ndAc¢ounlB for th? y•ai andéd 30 Avrll 2024. Aef¢rnnoe and •dmlnlstrativ• d•tail¥ Th• ¢h4rltyn•m Th1¢ nvrte ofthe ch¥ty M:. The Instilut ch•rhys •rniJ ow•lfDn •ndUK &rItabl• Thg charfty 15 r•d$tereé In En¥and & W5 the Chanty Camml•oioTr In Erè•ntJ & Walm ICCEWI wl thartty number 116150a. L•o41 u¢lw• of th• ¢harlty Th• rharty Is eonWth•d •• • Charftstl• In¢uyr•l•d OfqaTh¢bon (Clol In & W8lp& Thq gov•rrnng thcumI of th• ch•rrty i$th• ¢onsltvts'on cl tho CIO IÈ 8wov•d by th• Charfty ec4nml6doD Ih Énklahd A ICCEW). The goverrung documenl 18 datyd olm2015 Th#e 3rE no resliicticts In the Jo¥eNing rJxumerrt• on th• opolitan ofth• Ch•rtty c on iti Inv•itffl•rt paw£ oth Ihan tho¥e irnwèd ty Chanty Low. Th• oporatlhj addffts•. lelph¢>n¢ n111, em•ll and w¢b th• ohwlty ' 15 EMI S11¢rt IM41trAVn. Sund•d•nd Tynt & Wmr. 8R6 7BY Tdiiknon• 07757 156 134 Em•il AddrM.' info@1Fthrne#I1brn.0rQ.k WÈb •ddr•M,' th•b•mb•wMtsJrn.otguk Th• TNst••s th off• on th• dat• the rnpct ¥AA Iwowd Axre".. Robwt 89¥ Ronald Scdt Cuthb•rt E•rf Luty ShOp• Jlll H4lDb
Th• 8arn•s Instllute Tru8tws' Annual R•port for th• yoar ended 30 Aprfl 2024 The p4i¥¥n TYu¥tues durTrnll thè •rKl•d 30 WI 2034 :. Th&irw8e&v•ho $eNed os a ifNtt In tht repo pqll'od, 8nd, if awA4¢•tla. thdr data6 ol apFdrt¢notrt r Appolni GwolShlvlLI J&tWL024 Chrilln• Burh•m Cury 0gwr2024 iY104ll024 IYOéPJ024 Ob¢ts And •¢tl%4tles olth¢ ¢haflty rh• pu089 of th• ch•rlty al •t out In Iti gov•rnlng docummt Thè pro10n Bnd fftpiranart ¢rf¥ c?rnrnunty urfre for the u¥¢ of the Ihhatrf•nts Whilburll and Burroun(In¥ •re•7 vllhout dstsnrton of r06, or other UFinlorvA. Indudna l•Ètur•a 4knd ela8818, olher forni• of recreaben and I¥rm0 DLxupatiorM. ¥th thè objefl mwuvlw th• condlllon¥ Df Ill• fry lh8 s¥d Inhabtapts. The maln aclfvltles undertaknn In r•htlon to tho9• purpoia durtnq th• y•ar. Mony ieoulai ustr COntIntr t¢ us• the 8aine¥ R• v•nui for Ihdr acUw¥o$. hlorTun• •nd W•g ilo from 5pm ar• Y0 booked up, but there l01¢s6 flxed use durfnJYKekthy afteinoons l.iom 1txn. Childrens Fartte• are frequEnt •t wsekonrb. Am9d4'1 confjnuu IN PfAm8ntienanty rrf CDmmunlty Room, 4th Anoda be¢Dmlng our tènth Iru6tse on J8riuafy 2023. Ner wlde range of imal animds ahd rtiO1181 apprOWla houged, hpo regular foi iwumted Vi1 to gr¢up ol and adull8. Th¢ smal 8lacent intew41 #hop 1$ In h Isth y8•r of rman&P tenancy as a bArb•tk l& a vclurt••r and w4lchfvl •y• 0191 th8 pr•mlÈ•¢. Th• maln 4¢tlvitlM und•rtak•n duhng th• y•ar to furth•r th• ¢h•dty'8 purpose for th• public b•n•fJt. The TnrntBe'¥ ccrfnvtsto WCtm¢ts th& avwhLN'IIty ol lfvp roht?t4e $pace wilin th• buttd.ng th• gyyn UM. Tho tw¥teu have hod Feqard to th• Charlty CoMpwiM1,$ guldarth ¢rn put"c benell ThtaTraOng Iha activtbs% dthtr charlty.
Th• Bam•¥b Inslitwto Trugtaes, Annual R8POrt for tha y•ar onded JO Jyll 2024 Th• ¢onfrlb(rtlon ol volunt••r• durlng th• Yr. TnKtue8 arD Indtrbtsd ak¥ays to th# 8ame8 u8•rJ and 8UPPQrtorn w$70 voluntBor Iheli physlcal a8B18tsnGO Sn bmos ol no8d, rSe monoy In VV4rfovs ways for Bames upkoep and tyally k88p profil& atThlo Én Whltbuin and surroL¥ndlng groa8. Th• main achiovemonts and p•rfornianc• ol th• charity during the year. It was hoped thal duirro th18 year, Dur wlndow rndacBment prDl•ct woukl ¢oRlnuE In eamest li we could achleve major fundlnf] fTom the National Lottery. 14owe¥er arfj sb'll Walts'r for first Larnl RegtratIon (the Borneo Inelftulo ha8 nevrbe6n boughl w sold hl8lorf¢AI dowmentatson doos ntrl rlearty d¥fine ownelshipftrugttseship lor legal pury5050%). In DeGemb•r 2023 it btrcam• elaar that the proce58 had stalkd due to IBnouaoe techni(alitieB in th• offt'oin81 2022 apFlcatlan and lttd( ofijmely reNponse to Ihis inlormtian. ThB applirttkn'on hèd btsen Cancelled and was rMt8rted fi¢Jm kGtJtth. It ¢ontiNlOS tr) ba in tho h8hd$ of ouk Su7h'crtor and gt tho mgrcy oftho Land Rèuisty vtho seem un•bie lo uhdersland the urgancy oflhe 8itu811oTr from th8 Barn8$' point ol ¥i•w . Dewte the abovo toblen%, TWO shop dISlY wlndows were replaced ih June 2D23 usino Bames funr15, ith h8thood doublwlaz•d units. to PT8vant fthher prDblem& wilh oxc86WV• eond•niatiefi in thos• ar848. This part ol Ph•s8 l of th• vAn¢iow roplac•mont prol#ct. In Septembw 2023, a lo¢•1 séml.r•llr•d chartèréd enalnoer and a¥m membèr voluntsérad to ro- •xamin• the •yislng Flro S•f8ty we¢autioM •¢¢ordlng to ¢un•at r•lliil•li0Th8. Th1$ rtsuléd In h1$ •stablshinu 8 cOmte new risk assossmenl vAth systémattc plans for necossary work put logether lor immedlale gdlon, lo upgrad8 Ihe system Wlh InGr•ased acc4%5 lo axlbngul&h•r5, nhan¢ed safety siunaoe. cloarty Vi¥¥it4o e5P$ routOS, ato, Thi8 comwoh8nsh• wofk, Induding 8eThYice usor training and a tlmetsble fof regular dalty. wee, mththty annual checks was compted by jarty Spng 2Q24 and 1$ now In qenefal pracfkG¢. A gront lo cover a proportion of Ihe ¢06ts was 8u¢ce$wfuly appliad for ITOM Ihe June King Fund. Fivo addltional fjxOnguK8h8rs W8FO Installed uslng •xlslog Sarnes funds. Thrvughouf Ihe year, rnost major 8reos have b86n profe55Ionally r881oied lo exc8118nt decor8tlv• order fvF Ihe bonvlil ol all 5er¥lce usern, Work commonced la51 y84r to r•futh8h th• upswrs gym arèas was ooinWgtud, Inoludlng ratp¢fjllg, YBnov4Yon, leC0[alln and cveFhaul ol èqulpmèrt wifh repl8Gement where necessary. Tho ag8 ot Iha btslldlttg (1905) ¢Au•88 pr8lslant problem8 wlth dampn•ss, w•t•r Ingf•¥•, Internlttont yln9 faults, etc. These defeGIs ar* ¢cfflsianlJy ex8mlned and reTrdI¢ll whfrn oirecfy ¢Jiagnosed, but tho extrwmo of climate chaiille art cauBlng an InEreased numbar f regular m&ntanaiiGe i6zu88. requlring rnior oveihaul and thlts imrgor finandal ouilay, The dlffertnce the ch•rftyi perf0rn7•nc• duAny th• yr ha• m•al• Éo th• benellclarles of the charlty. Thioughout the year, mDSt major ar89s hav? bpen prufossionalty reslored ts) rJecor&ts"v ordor lor tho tsenefft of all service user8. Work comrMnGod l&BI yejr to refurt48h the up$lal gym arejs was ¢ornpltlèd. Indudlng rpetInll, ronovatton, rtrdecoralon and oveth8uI ol eqvipmont, th rapltysgment nec¢tss#ry,
The Bames InJlltute TNstees' Annual Report for the year end•d 30 WI ID24 Th• deyree to which th¢ ochl•vam•nts and perforn7ance durlnp th• y••rh•ve bfIred wldaraoel•ty. The fjondnu1 policy of bulhdll maintenftnce en8ure8 that the charity is lo Gi¥rtinué to Ffovlde a Gommunty centre to Ih? Tesedents ol th8 afea. strurtUTrtr governance and minagwTr•nt of Iho charlty Th• m•ihod• us•d to M¢wlt •nd appolnt n•w ¢h•rfty truJt••s. R•tswllment ol trusl••s 19 undort8k8n by lh& fru8tDO8 116 th• need In oftler to ensure that chtlty ITUBteO8 ¢olle¢tJv&ty hav• thè n•¢ary •&, knowlodg8 and lor th• ¥ffoCtI¥o Adminl•trallpn ofthe CIQ. HSBC- Th• dI•l Shoprlng C•ntr•, Sun¢vrfan¢ 3R13LE Sto10n Co•tei Auth Umll•d, Ws•t 2 •m COUFL NvBNd• upon Tyn•, NE4 FYD Accountants Flnan¢lal rnvlew Tho ¢h•rtly fln•n¢l•l pojltlon •t th• ond of th• y••r end•d 3QAprfl 2024 Th8 finandll p06rtlon of tha charlty al JO Apw 2024 and comparAfjv8s for the PFloi p•rfod, Is morè delwlod In the accounts, Gan be summarld 85 foHows'. 1024 N•t Income 115,2601 (7,n9 Unre¥tricled R•¥enu8 Funth a¥1111#fOr1he general F4tip)se• of lh• cknadty 822.770 838,130 Tolal Fund• 822,770 838 130 Fln4n¢ll r•vlew of th• poslrlon at th• r¥portlng d•t•, JO Appll 2024. Dunng thI&aCcDtIThU yoar Ihwj been Ctsm'nuu Inclal $4curlty and we hwo b8en I•t¢ ryjlar dyttrdaytsnnu•l experts•È and minor repaifg norm•ty ¢¢¥•red ty roDm hSre. Pollcl•8 on r•••The8. Wg folaln a ies¢The ol Eix months •xrrtdfftbrè Yor emergencies hav hiBtoiicdfy triftuted that. if npcesyary, this can bo us•d lor urg•nt malntonanci or upgrad8s at Iho dS8cretton olth Trust8e$.
Thè B#m•s Institute Trnstees, Annual Report for tho year ended 30 WI 2024 Goblty CoDc•m The ch8lrty ha5 rlewed il& cash Ilow forn51& and there i¥ 8 re8gonyble axpectalion that it h86 dequale re8curc881o conthnue in oporatiDnal ttXkt¢nce ltsr at l•Jtsl Ihe nexl tW•e nthfj and on th16 baBls tho thartty Is Gonsldered to b8 a gLrfrrfJ ¢tsnc8rn. Av•ll•blllty •nd •doquaey olau•ts ol ••¢h of th• lund• The board ol Iru¥t8es IB s&l$flod thaith• charity's •8u18 in è•¢h lund ar• av4ll•ble and adqu•la to luifil ilB O1.gonS in respert of each lund. O•tAlls of Th• Indop•nd•nt Examln•r Palet J 8¥and81 Rsc Member of Stephemon Coakn '1Thd. Chartered ADtants V¥•Bt 2. Amm• C•urt BUn Park N•KèsU• upon Tyri• NE4 7YD 8tatem¢nt of Trustws, RegpDn8¢billti Th• chaiiws trust••$ ar• rè6poTrslbl• f¢r th• pr¢paritton ol the accounts in tcordane8 with the tewns ol the cholid Act 2QI 1 and tho Ch•Tit108 (A¢couTrls R•ports) Regulatlon$ 200B. NotrthstBndlng the axplicit requlrement In th¢ oxlant slatuttsry r&gulalJon6,the Chaiiles IAcctsLrnts and R•ptsrt£l Régulatiorns 2000, to prepare the ftnanual statemgnts in actsotd8nrA fyth the SORP 2005, In viow olth• factthattha SORP 2005 ha$ been wilhdrwn, the Trust8as delerffdnod to Intefprot this i•spoMit4lty as rèqui them to follow cuffenl best piadc• and prnpa th• attounts 8¢¢0rdlno th th8 FR6 102 SORP Istatgmant of R#¢omnnd•d Pradtoe for Accounttng and Rèpothna by CharttleÈJ 2019, Applcablo to all accounling pedtsJ6 beolnniftg r aftérltt Jllfiuary 20Yg1. (Th8 SORP), . In p•rfl¢ulNr. chaty law requlres the TnKl88$, ttthey prepare 8CGounts on an 4rciuats baglj, to pral0 finandal st•liiM8nts for aa¢h Ilnancial year W¢h give a true and fdr vi8w ol Ihe $tste of affAI olth• chBiity 88 atthe ond of iho nnanotal year of th¢ aviplu> or defidl ofthe tharity. In preparfna those linanclal 8lat8ment8 thvj TriJstBe8 aro requlrèd to :. - to prepare the aecount$ In accprdance 7th ued Kingdum Genffialfy AGceptvd Accountino PrAclie@ (unl1 bvnudom AccDunting Standards and appucablt law)- - $61tt Slble •Kounlng polcieb and apWy them ron¥lenlty: - mak• ludgements and •stimales that ire r8asonabl8 and prudent., - ppar• th• finanual ststomnts on th? going concern b#5is It is inappropllate Lo presume that the chailty wlll conunue lft buslhes5-, slate wheth¥r appllrable accounling stsndaids gnd 8t81omnts of rprDeded ptacb"c8 haye been loltowed. subject to 8ny mat•iial d¢partures dltsdosed and explain•d in the finanGi&I atements.,
The Barnes Institut¢ Trustees. Annual Report for thé year Énd•d 30 Aprfl 2024 The IRW raquir that the tru5tee5 Irojst not approve tho ac¢aunts unlam th•y are BAlsfied that they oivo a tfua and fgir of thè Btatè of affalm of the ¢harty 4nd ol th• 8urplu8 or dèfic4t of th• for the year. Tho Truste•s bre $190 iesponslblo for malThtalnlng adequto a¢¢auTrtino re¢ord# wkuch disc1 wth tètsÈonaNo 8ttGuracy ol any ttrno the finondal position of the chgdty and wlNeh are suffiawt to ghow and Ox31 the ¢haiity's Iransaots'ons and enable them tD engure ttiat IhE flngnd81 st8ements ¢ornply wlth r•Julalons made under tli8 ChaNtleS Act 2011. Thgy are also respDnsiblg lor $4feguaning thg 4$sats of Ihe thadty and henc¢ for toking r•AsonatAo Bty lor Ihe pravenlion and detecttan of fraud and olharlrT•gatTtltsts, TheTru$tso6 ala ts Fo6ponsll4#f¢r cont¥nts DI the TTU8tee6' IPPDrt. Ihe btatulLYy re8POn41tskty the Indopd8nl Examiner in rdalion ltr th• Tru8t••8' r•pDrt w mIl8&to •x4mSrAng r•port •nd on8uAn9 tlwt, on th• fac• ol th• ropDrt, ther• am no mat•rf81 Inc81•t•d vAth the flgurnB d#dD88d in the fin8nc4 rhlj r•pDrt w aryrovèd ty th• board dtnAteas an g Saptthb8r 2024. TfU•toe
Tht Barnes Institthe Report of the Indopandont Ex8mln•r to th• TTusts•x of th• charity on th• accovntst forth• yaAI •nd•d 30 April 2024 l ieport to the Trust8ei on my •Karnlnab iha flnand•l 6tatements of tho Chanty paabs 12 10 20 for ihè year n4od 30 Awil 2024 vthi¢h have b••n pr•par•d Irj accordanc•wth the ChiTrfJ"•• 2Q11 Ilho And tho FIn8n(# Rèporting 8tsndard 102, lefleti¥e 1stJllnuary 20161 as miJdrfi•d ty FR8 102 SQRP Istattment of Recommendtd Piectite loy A¢ntIng and R•portlno * CharfttOBI 2Q19. aprllcatle to all accounting n0d& Onnlng on oi airlr 1s1 J8nuary 20181, (Tha SORPI, wtli$h8d tythe Charity CommlB8lOh Ih W4le6 IWEWI, under hislartcpl eogl cDnvenb"4Jn andlhe 4¢cuvnling p)licie• $et out )n pa#0 19, R••pKth• 1•spDnJlbllltl•s 01th•Trt0•th th• Ind¥o•ni Examlner I)1% ot th• r•port dé8¢rtbod pagtt 8, you, thè chadty'i Tnkt•es. are r•8ponosi4e foi. the prepamti¢)n rfth• finanual ¥latsmgnl$ In occordanGe vllh Iha Ch?rltie6 Art 2011 and cdhei •FfAicable law and1th Unit¢d "ndrn Gantrawy Acc•Ned Acrounln9 Pi•cltC•, aPFllCaO to •m4ll•r •ntlbM, ftnd for bdng 8attofi•d ththt tha Ilh•ndA slat•ffl•nts olvo * tru• nd l•lw vS9w. Th• TN8t••s con8idèr thitih• avot fequlr•m•nt ol SedDn 14411) the Charfti•& Ad 2011 (the AGtI not gp&ly, Ind thal Ih•r•18 n¢ requlr•fflonl In th8 Govwnlllg DDcument lor the conduc#nq ef an eoh88qu&no8, the TMste•s have 61•ded that tle ftnarKi41 $tdtements bt subl¢¢t to Ind•pendenl examinii+on. HavSng 8ad8fi•d Ih8lthé finandal 8tatoments av• not required to b¥ Judil¥d urKkn any legal kyplin, pr th•M'D•, and iio oli¥tle for indepondMt tsyaminat'on. rt i• my iew)oniitrAlity ID... •) •%im6Th• thè flnntll 8llt•mrt• of th• ehaffty Yr S•otion 145 of tha Att, b) IrAIDw aprlic•ilo woeadLWaS In thg dv¢n tri Ihg Charify ComMi10n wder Jeth'on 149Sllbl ol IheA B•51s oi Independ•tti Ex•mln•i'2 stthmffjl •nd $cop• of work und•rt4k•h l rnport in T•BP•Ct ol rny •xamlnaltN rlth• tharfty8 flnandal sts1ts c8rrtod out undar •145 <éth¢ A¢t. In Iwng out my •x•mln•bDn. I hav• fallowDd Ill tho Ip4¢41• Trr•clJ'on$ by ttlg Ch811ty Commlswon 81 sKlon 14515llbl ol th• Act68itlno outthe dLrtl•s of an InJ•p¢ndent oxaminei m rèlauon io the candu¢lng Dt an Ihd•pendant •x•min4tion. indvw¢nt n•min4Ivn loview of the 8wounlln9 rKvrd• kept ty Ihe ¢haity tnd Df the ¥y&l9rn4 emloyed by the charty and a eomp•riBon Of the flnancl•l itst•m•nto e8•nt•d 4th th08• r•cordB. It alaa Indudd8 conaldr¢ion of AtDy unu•ual or di8drÈUitt im Ihg fin8noo1 staioment8, #Nd see0 twanatiom you, aB Tru8te86. conuming buch mottwo. Thè puipp8e of the •xInnlIon 16 lo lar a• pe$8itl• Ihqt Ihore have been no trfeach3 pf th)nty leg8latFors and that, on fj te&t ba8 01 evi4Jence relev8nt to thè 4mttunt¥ 8nd ¢Jid mad•, th• rtnllnciwl ot•t•mans ¢omoyvAth lh• SORP. Tht yoetdur¢¢ Un¢Brt8vn do FI0de dl tho evld8 AUDr41•d th• Trugt& In lh# of th• • that would be f•wlT•é In In •udll, and Inforrnalion ttoys alF matter6 that an authtci wou5¢ corrider in tsriivinG fit on w"rri(JrL The aTrd condurt of Jn audlt goes tQyDnd Ihe limile¢J That •n In<J•p•nd•nl •yamlnat'on ¢¥ft pio¥id• Consoryanblt. I do not2xpreBB #n Judrt orithon on the given ty Iho fn&nu81 $tatgrnenl$, and IA p8tbGdar, I PTeqs no opinion a6 to wh¢lhvrtho finanL7al otst¢ment8 yv• a irtje anL¢ lalrviiw Df tr• all•1 of the thaty, aftd my rYtportI8 Iimrted to thB mattern $81 wt in the ststement b40w. I rAahThèd and pOrfrn•d my 8x•Min4don so a6tD Eat'6fy rny8dl that lh• Jbj8cll¥88 rllhe Ind#pet¥dent ex•miMUon arE athieved a*d befowe ffih3hsing Ihe ipport I r)bt&inBd l#en ai$ur4n¢og from Ihi Df m•ténil M¢r$.
The 8ames In51itute Independtht Examlnevs 8tstement, Rewt and Oplnion SubJ'gct 1¢ the limitslons upon thè pe ny mywoik * d•tail•d obth2, I h4vE ¢orny•t•d my •%8rnina¥oTr". and 6#n nff Ihat. Thii is a ieportin r•8P•Ct thl ah •%mlnatlon GIred unthr 145 of th• AGt and in aGcordante Ditrerlions glven ljy the Chonty Cornmls8ion urdor ¥•¢on 14515llbl pr the Act ch •ps1'c•t4•'. Rnd Ihgt M rnat•ri m4ttei8 havg ¢omè to my In ¢onn•d¢n w4th th• examlnadon Llvlno me cau8• to bbll8¥• Ihw In arby matsilal r11et- 4CCQTJnttDg wef• not knpl in r•spict pf lh• chwity a• r•puir•¢J by Sqdgn 13Q of The CharitK A6t the fln4neJal tatarnènl8 dD iiot attord th th¢ r¢c(¢dts.' ¢r th• Iinahcl ÉtarèM•nts do hot comF4y llh the ap,CAl6 rpwirements Eoncemlng the IDmi Bnd ¢Dnteftt ol cuun18 sot out in Ihg ChoilJ•8 IAccountB F1•pOTr R•gL4•¥oM 2008 c4h•r than any r•wlfèm•n¢thai th• 4¢¢0un¢• •'vè • Inje fell viiw, whlch18 noi i m•ttttr COndr1d os part of an 1ndBPondel exarhlnats'on," have not been prop&red In B¢wrdano• wlh th• m¥lhod& and wlntyF4•¢ •el akn th¢ FRS 102 SORP Ist•t•rn4nt of R•oNpttn•fid PrABtie•faf A&¢ountini and by Chatll•4I 2019, apF41¢•ble tc dl ctwnbng p•riod• bednnin9 on cr *r 111 Jwu•ry 20191, (Th• SORPI. I hawa no and havo come acrom no othèr m•tt•i& ctrnnethon vlth tho aX•Minalth tOV4hlch atten0 drfi In thi• r•port in OTdw lo •n•U• • propor uDd•v#l•n¢h'ng of Ihe I1Th•nd •t•l•m•hts io be rgachprj. Pot•r J AJ•xané•f BSe- Irn0•rt EXInBr stephenjon CrJale8 Audit Lbmiled. Chart•r•d Attountants W•Él 2, Atama Court Ne¥vcaelJ• gualnaub P•rk N•¥K•s11• upon Tyn• NE4 7YD TIM ieportWa• ¥19n•d on g Sept•mb•i 2024
The Barnes IngtUte . Statement of Flnanclal Actlvities for the year ended 30 lyrll 2024 StsÉefftMt ofFln•n¢lal Actlvltles lor the •r ond¢d 30 Aprtl 2024 SORP crrt y¢qr Y Fuhd• RÈslrtmd Fund Yol4 Fvndb Fund zi 2V14 242J Don•ts'oDi & L¢gfjd•• A1 S45 25,ASC¢ 4.758 3,600 4145 2&4YJ 4.7S6 s,r29 Y2,264 3,247 (lther trathnq aialvilJ Tohl JO.TSI 3.600 43 30,740 ExpdIN on: Chorftstl• prthvlll¢ 4e,111 3,800 49,711 38,4tr4 46,111 3,600 49,711 N•t IhcDrn•fot th• IIS3601 115,JOal rY.729) Inc¥• l•r tmnsfv {143 115,Jfy)I IT.72PI Nwt mo¥qmrnt In fvnd¥ {16,360) 114JfjC+I rii7Z•I R•conclliallan of fynd•:. 838,130 838,130 845,¥59 12 Tot•llund• upri•d forwwd 770 The'SORP Ref Ind¢8t8d •bo¥e l¥ the da•%lflcation ofin¢om• let UIA In th• formal SORP down•nts, k MqLli•d ty mi•waph 4.60 ofth• SORP. th• t¢oughtforw8rd and o8rrfodf#wrd fijndp Obu¥e have be¢n oyged w tho BAlanca Shoet. A Bap8r41t stat•merrt trtr¢ Re¢ogni88d Gain and LO08 not ri(yJired 89 this 5tst•monl inctudts ill fe¢L¥N'4ed w¢d IMDe•. •dvNloG dthe from conilnulng 0ratlIn8 Th• holes atta¢hd on p•g•i 19 10 20 lomi an Irrt•grd part ot Ih•z• •¢¢otsMs.
The Barnes In8tltut8 . Stitement of Flnanclal Actlvltle8 for the year ended 30 Aprff 2024 The 84mes In8tltute- Analysls of prtor year total fund¥. as requlrod by paThgraph 4.2 of th• PriorY•¥ P7¥érYt•v Prt¢r Vq4r 7d•l Fun¢ls Ulieslrlcte FukM15 Funds 23 2123 X22 In¢om & Endowmttts fnh: Ckjnalicrt & Ltruadaa (arltstl¢ cbviti¢¥ Qthei tradlng •ciiviti4¥ Inv¢¥tm¢rtb A1 1,489 3.740 4129 3,247 1247 AS Tot•1 Trncoffl• 30.740 eXpendIrn OTh: Rèi•ifig funtJ# Charitatle ¢thV.48 Olher Tax on 6urrlw on ordnary a¢tivf( BJ CthoT taxathoTr B3 B1 P2 Totyl •xpendliwrn Net gal IeImentS Nt Ivt tlx ywr 111,4891 ,74LI 17.7281 TMMf•rs b•ttY••n fvnd N•t 4f(w 111,4eg1 3,740 7,n91 •t nwnm•nt Infund• 111,469) X741 17,729) R•con¢Th 01lunds Tot•llund¥ broullht lorw•rd 845,859 Tot411urtds CaTrl•d forvwd 14J•o 4740 &IB.1JO 8divitie% derive from CDntlnulng oyratlans A tsepaiat8 Atym8rrt ofTc4al Rewrfègd Gain• and LoB8eS is not requir ag th18 atement Indudo8 r¢cogr¥ts n¢ and IMseB.' 10
The 8ame8 Institute . Statem•nl of Flnanclal Actlvltlgs for the year ended 30 2024 Th• notes att•ch•d on p•ges 19 ta 20 Itsrni ah Imagral #art Df these accounts. Mov•m•nt8 In revenue and caphl i)Jnds for th• year ènded 30 Aprfl 2024 RevenuD •c¢umulMI tund4 A•Mrft44 Ythi Fundi 2124 Lajl yur Yotsl 212J funda AGGurNlaled frjnds brouthtlcrward 838.130 831,130 4B59 Rocouthtd uElns and Icasas bolNe nKfo 115.3f 01 15,3601 022.770 022,77D 03•.130 Summiry ol UhTestrfdod RA#rki•d Fundi Tdal Li%1 Y•4r Z024 2124 tj Revenue I¢¢umlI•d lun 822,77CI ,7m 83B,130 Th• not•s allachèd on page$ 11 to 20 lonn an Inttyr41 p4rt of thè$• itcouftt
Tho Barn In8titute . Statement of Flnanclal Aetlvltle$ for the yr ondèd 30 1 2024 The Barnes Institute Income and Expoftdituro Accfrunt Vorth year ended 30 Aprll 2024 as r•quired by th• Companles Act 2006 202 23 Incom IrKom• from 0rJ[ 34.351 30,740 Invothent thcome QroM Inwmt ln the lJ•fof• pIlOnl It•mi 34351 theomt In th¢ Inelydlnu fActptipnol It•rn¥ Chonttrje expNnthlur•, dUang dery•don 8nd #moth•lon (3DvwnarKt ¢O•lB Rath8d lo86 1)n d8PLxJalB of IDv•sttnnts Are programrn• r•5oi•d 48,491 1,220 38.149 320 T•)tsl •xp•hdltuY• th th• y Not b•foM tax fh th• Inincl4 y•4r 115,3001 r¥M on Ofdnary a¢114fMeB Income •ltw In Ih•lln•hrl•l y• {10,Jeoi ,7291 R•lalned SUry•lus for the flninclAI yéar All •iiitteg d81iv8 from conllnulng In ac¢ordanM the kvwNDn• althe Ccffipjnles Art20Q6, the heacngB and ¥ubhJathngB used In iht Incom• and Exyndtur• ic¢ount havo been Adapted tts rdB¢tlh? tspedd nature ollhe chArtWA ath'vil'w. Th• notM •ttAchd on 4$ 19 to 20 lonn on int¢gr41 part of th•$• •¢COUM 12
The Barnes Institute. Bfjlance Shoot a5 at 30 Aprll 2024 SORP Npts R 2024 2023 Fixed assets 7 A2 800,000 aoo,000 ¢nt ass¢ts C¥sh al bank and in hand 23,670 38.13Q Crotitlurn.. anw)vDt•fIlThg du• wtth an•y 8 Cl 19001 Net Guifent a•vet• 22,770 38,130 The tot4 n•t u•ets of th• chwlty 822,770 838.130 Th• tot4 u$rt• Gharlty ore Iuthrt by thtlundx ol th• ch•rlty. as lollow¥:. R¥tslthl fund4 Unratrlct•d Fund• Unre&trlct&l R[ Funds 12 D3 822,770 838.130 822,770 838.130 D•slgnat•d Fundj Total thwky fund• 812,nO 8J8,130 The'SQRP Rpf ifjdiGated BLvY¢ • Ihe Glaigifwtton ol Sheet rLem6 as let out In thè fomal SORP doGuments. As re4ui¥•d by paraGraph 4.60 ofth• SORP, tli# tAght frywarLI ano¢ GaFrs•d foTW4rd luna8 ab¢ve have teen agreed to the SOFA.. Th• Tnxtee¢ admcNAedue their respJn8ibifttirt for comy1 vitth the requirwnerrt8 ol Ghafity log{41¢n 4th T8SP6¢1 tQ a¢GOLiniing re¢Drd8 and the pr•paralion DI acco The charity is subj¥crt Ig IndewrKlenl &aminion under &Ion. the rqpart olth• Independenl ExamlTref 18 on page 11. Th• Trw¢•s• •&tlofi¢d th4t, #Khvuphthe ohAnty Is not registered uno8rthe Gompani86 Aras. 11 tt were so fell(er, would Le eliyibie to preparè accoLJnts In cDrdance V?th the prowiNion$ in P4rt 15 01 the Carnpanie• t 2006. aFOKat4 companles •ubleci to the 6mall companles relllrn Trustee ved ty the board ol ITL16¥ on g S•pi•nt4t 2024 on pageo 19 10 20torm an Integr p1 d the4tr 13
The Barnes Insdtuie NotDs to th• Aceounts for th• y8ar andad 30 Apdl 2014 1 A¢counting pollci•s PoNcl•s r4la#n¢ lo Ih•pFoducVon Dt lh• acciMiiir& 8•sls cl prpwadon ¢onwntl The accounts havo bew yep&Evd on the accru5 b•51B, undw th8 higt)rie•l eo•t ¢onv•nts'oh, and k) oetordM¢ th th• Reptt9 Stqndard IQ2, 1ofl•dvo t8t Jffjnuary 2018) nd'FRS 102 SORP IStatOlneprt of ReGtsmmnded adic• lor AccouThlllg and Rèporflng by Ch8rlll•812019, A41¢140 to al porlods on or ofter 1st January 201gl, (Thè SORPI, PLtLlish8d ty th ¢hArty CoMrn1$On in En4•nd & WpB ICCEWI , •nd in •ccordun¢•wth &1 apthlcatlelawln the chartV8 lurlsdclon of reO6tralon, •xcerrtlhai the chfjty has w•pi¥d stmqnts ac¢oidan¢o Mlth th• FRS ID2 SORP Iststirnert ol R?Gornmend•d W8cliu loi R•pDTb'ng ty ChalOo•l 2019. ap>ll¢atlE tts all accuuntsng pBriods bagnrong on or after 1¥t Janary 20191. ITtte SORPI, In F¥vtsr¢n¢t ts the prlouS SQRP, the SDRP 2Q05. whlBh ¥fflhdfqWm, notthstsrth"rvJ Ihtfo¢1 tn(It th• oxtsnt Statutory i•¥ul8Uttw, the Chairtl IAcGDunts and R•w)rtsi Ra4•119n8 2008 refer eXk41oOy to Ihe SORP 21305. Thki h• done lo &ooord euTr•nt b•Bt pradica. fThaniiot itatsmwkn are kopar8d undor the hi#knricBI coq aonvenbrffl ortr•noackn vdu• urlM• Othe• ¥tat•dln the r11nt aettyjnth.no Oicy notélèl. Th• fiThanci itat•M ar8 yapar8d In SteAing wh1( h Ih&fvndonal curincy lh¥ rharfty anrj roundvd tr lh• n¢iivs1£1, c¢n¢wn Tli• 14rilail• athib•# ar• d•wdo111 ¢onl"nung gmnl wd and vduntary 410j w•tJTh rwJ•ntsM. A• i ¢Dn8èqu•nce, cCoM &18 18 dap•ndl on tho fubJr• ftrAY t4 th8aa UnC¢rt•n ldin9 $tre8wYa. AcGoidng, the Trta¢S have otrrtalnld IDrncaGts and, after re¥lvèlng Ihe fin4nrypJ forects, the TnMtee• tsaolOd th#t, at Ihe lrne of approwng th? hnwcid ¥tst•m•nty itio ippropriat• 1¢ adopt th• ge4w conc•rn bbBii in fAyring th• fin¢1 •mON0. Othwihanlh•B• m4tt•M, Ihl Truit•¥i ar• Nare of any m4tDrlal uncertmnit•B ebDUt th• thalty6 atiityto conlnu• as a 90ing Lonc•rn. Rl¥ks fvlure 4¥¥umpUon> Th• ¢hafity1$ a p1¢ b•nth inmy, Tho Èv•)aratlon c4 thaand1 •Taiemahts r8quli•B 00Monti¢ m#k14tdO8mgnts. ¢•trmtM and BmP"9 Ihot affect the 8mounts rtpnrtèd. Thety¢ e¢bmot•• arjUdg$m¢n are cuntirNJ4ly r•V1wqd and ¥r¥ b•B•d gn e¥perir• ind otheT fa¢tor•, ind{Jd9 ¢xp•¢tsts•M of lutur• •v•nl• thit are Lth'•vid lo bp reon•t4 und•r th• drtumEt•nC•5. Thv• M k•yludgrnwts or •Fbrnat¢8 th8t irnp&Lt on th•lnandal siat•m•rt8. PoN¢l•s r•l•tlno ts cat•gDrf•s of Incarn• and Income r•caqnlllon. NUl• ol IDeum• Grwo In¢omo rownts Ihe value, nèt ol idclad tox nndOIAeount•. ol TrIld•d lo ¢tOM9 8nd rned oul Ir• rt8PEGt thf 0•ryic kYovltJ¢d tc curtcfft•r6. C•twrl•• oflnc4)me InttDm• Iv Income from exch traMac'on• I¢tr•t IllCL¥n•l and Incom• from no0¥41e trans•clion8 Igft•). Invo¥trn•rt trcom• ind ¢th•p irbwmv. IKofftefTOM exchaEEgetrRSJt2lons is recoived ty rh& rhtyty lor gC6 or 9Ces under contract tsr there enblemeffl is Aut¥'8ct its luMHlng portorm¥nce rdated condts"aM. The Incwv th8 ch¥ty r61¥018 aWDxlm4ldy ITr ¥4lu• lo lh• 9rvdb or •wv%¢8• •upplièd ty th• ¢h4flty to th purcha88r, InGrfftfrom • nonryex0hgC iy vth¢re ihe d7artty rKv85 value frorn Ihe donor vIltul wDTrAthg •qu•I vilu in pxEh4rs9i Dn4 in¢lud# 4on•lon• of mon•y, gnods 4nd 3er¥ices fr•dy Van ¥bilhout g'wng oquqi vglu8ln exchano 14
The Bame5 Instttute Not•A to th• Accounts lor th• ywr •nd•d JO Aprll 2024 Incfme. ether from ¢¥th4nge or ntrn VXGh1iig? IranB¥cttons, IB recogugld irt th• statirnentrffinjndal ISOFAI a r8cavatle b4%iR, vthen 4 tran6Cl.0 ar ther ev8f¥t re4th in iner#is• irb the Gh4rrfy'F a80ts a iedudun In its Iillb'litieg 8nd only efi the Charity ha81•o8l wtEtl•mgnt, lh• inc¢me is probatle and bE meatured fqh'at+y. Incom• 8uty'•ottD l•rm8 and condthom th¢h must fft8tbetsr9 the clwity is ertsrf¢¢ to Ihp reogurcm 18 not i•ewiÈ•d nttllhe condiJon6 havé met l in¢omB1s aCCnId for grD56, bèfore dathcbng any rel¥ad leew ¢r corf8. lor delw¢d hd ihoom• T•¢•l¥•d In 4dv•hg• IAthertt torm$ ecydbons ielabng to intme ha¥¢ not been rnet 01 uneert&iity •xlth B• towthethar Ihe chrty méot any térmB or condlom cknepwè its cor. Incorn•15 not i#¢0¢ b£rtlB deleir¢d as a lia.1 ¢JnOI Illg Dbat4e the t•rms 01 ImpJB?d cin be mel Any kyart that 1¢ eubjecl lo perf¢xMancH•lat•d r•c•ived in ackanca rf dolv•ring the goNJs s¢r9# 18qTed by thit condibon. or 18 •u4èctto unmet conddÉ)n8 wh(41y OUWdè th oop)trrA of th8 reont chority. ig ar¢ountw fw a Ilalhllty and on the balanc&&ht#t aB tsafariéd Defeffpd In¢ome Is fèlèaledto Income In th• iePrrffy pwlod in th'ch the perfDrmanco-relat8d or othaf condlon4th•t trmit rocognir¢n mol. When Incomè Trarn • or•fti or ha• not been recogn18ad io thè condltn¢ aprtyng ioth not bejng thcly vAthin lh• ¢cmtrc4 of th• r•¢lF40rt ¢hiiJty, il 18 &•doa8d a• i ttontix$•nt a¥oet il r•ceiO Thf th• or don•¥¢n i prob&48 anco th(• coTrdllons • m•t Vthsre Omo Ielotsd ¢ondlOtyts are Imped • fundty, thpn the inGorn2 lo •pportIofi to tsm• perlo( conc•med,and, vthere iFfjth"cat4e, 18 accounted tar ae a balIty End thovm on the bal•n¢¢ oh•et * doftsrred In¢om•. Wtsev) W[6 we ie¢wud i# advunEe ol th¢ qxp•nthuTe on th• aeb'¥ltyfund•d tylh•M, rtth•r ar• no spBdffG rdat•d condC, Ihan the In¢om¢18 not d•f•Ted Ary conotton that 4IN$1oF rttovery ty thè dontsr Df ary unlnd•d p•rt of a k•ant dMB nal prevent recoAnilon tho Incomo orThem¢d. a Waklty to any iepayment i¥ reGoonis•d rapzyfflai)t bxrm•8 yobJk4•. Pollcl• r•l4rfnA to 8P•nd1lPO on lloodx nds¢Me•s ppovld•d ta th• eh•rfty. Recognillon of hblltl•s and aXpdI1um Aliaknh'ty, and the related expendibAe, Is iecognlsed 01 CCuv• ctllgatson exlst8 as a re&L ol a p&t e¥ent, andthon it 14 more likdy than npt that ètramfw of economlc bgnollts vlll be rewiF9dln Sotuemenl. andwhvn the amount olthe oElgatlon ¢•n bp m•i•ured cr lelaY vstimatsd. 8ri5ing frorn lutuie fn0 CMItmOts antl conmdv# ct4ig4Ion6. Induding pwformonrg relqted kv&nti, vth•re tha Ibming or t amount of the ftrtufe èxpanéiwie i¢qutred to geltte th• otloallon 4r• uncertofn, Fl$e ro a prOvIOn In the accounts, 18 re1•d at tha acGouDlngyoai' •nd. The provr4ior1$ ID¢rtasad to iafiocl ¥ny In liDkn'liti•, 4nd i• ¢JKr•aè•d bythe uty1isat1 of any provon vlthln pollo¢ and rgyer6ed11 provisi l loryr iqiir•d. Thatse we Ghark crodkod toth• reJpuovefundg and acn¥oes ro wlmth the Woluntee In 9CCOtthnc• the SORP, and In r¥togt¥tron of IhB thffiixAtBY ID s1&4iny 4 mon•tary tho c0n1t1trfjm from ¥oluntwo. lh• contrfbvttcn ol vdunt••rs l• not Indded Wthln iho Irbwmv Df thB sharbty. Howev¥, Ihe knustaBB the giwiflcgni rcMiitr4Jfron mad8 to the act.86 ol th• charlty by v¢AuMeet¥ and thi¥ Is thbvlb8d mor• W in Not*5.
The Barnes Instltute Not•s to th• Accounts lor tho r ondgd 30 Aprfl 2024 Polld•s relallng to asJtts, Ilabiiiilu •mlprovlslons and Dlh•r m•N•r T4•n40 fixed are meèswed althr ori9inal ¢o¥tvalu&, or gubsogu•nt rovaluation. QT if donated, •• dwcrfts•il abovo. Ct vu¢ Indud•5 811 ClE BXFénd ID brinwThg th¢ Atset Into Intw)dadW0i9 oondboTr. Daw8e4alon ha8 t•en r•avided * thé fells)Wn# mtak in order to11) )ff lh• A88•tB to th•tr anap•t•d r41i+J¥l valua i their 86limaltd vs•fiJi l¥e$. A ragT anhual olthe Ukolho of &8801 Imldirfterrt Ib D•tth rnea8ured atrh4r imwnlB atlh8 an Bhe•t Oot¢, Cr•dltors •nd Pro10$ rv¢Jtort arv i•cowx'B•d wth•r• lh• tharty h•• a prM•ni otllpatrpn re¢(n9fxDM a past •v•nt IM 11 yphLly rgodt In th• trorrnfEr ol fvnokn lo 8 Ilird party and lh• •ntsunl thJ? to $Ettl• th• pLliglltiGffl ¢Jn b• mè•8ur•d or 88lmal•d rollotty, Crgdtore nNm4fy ifjc¢gTriied 6t Ihf'r ItM01rt aMDunt gllownll for any trad• ¢16count8 thi. Fuhd A¢¢oun11ng Un7e4trithd fyndj qr• avdlable Iijr at th• d8Eretion of th• ftu81••6 In fvrthorance dthe general otyeGt'Vd Llthe ohthrtty. Th¢r• •r• d•slwtht•d lunda. R1•d fundB w• •uty•cl•d to r•#tricloni an Ihdr •xp•ndtuM Impa8•d tythe donor or through ihvi•rm% of an a&yed oi a¥ ImrA(ed by law. Thgre 81¢ no en¢thm¢nt fundo. Z L••bllltyto tax•tlon Th• Tiuits•• •der that Ihv th• t•w •w out In P•MgraF•) 1 Schelle O of tha FlTranc• A¢t 2TJ7IJ for UK corpor•tyon tay pul•1. Aetardln, th• Ch4nty Is pot•nUdly irLn In reAwGI ol Incorne or camal oalns t¥¢dv•d 1r nArryd by eh•pl•t S prt 11 of th& Corporautsn Tax 2010 pr aton 2i0 91 Ih Tgxab"on d ChAia83tAe Gains Act 1 , lo the extent Ihat ih¢Om or g6 a4d on Ihè 8padl Gharltatk ol th• chanty lor no othw pwtyg. Value Addad T8x 1$ not rncoveratkn ty tha thaffty, and18 Ihviefwe In[P(l th& rd•v8rt ¢oÈtg In the Stalemwrt of Financial Act'vrfi•& S Windinw up 91 disgolutlon ol thE ¢hArity IT upon LVJ or rfi¥D(4ution rfthe ¢h¥tlty Ihwe FErnn any oR•rlh• la¢jCtt0n of th d•bts #nd IWlitr•s, thi ¥ets iopresented &Kumu1•d fund Gh b• tranSf0d tr) Jom• other c*arltaL48 W or ha¥lng 6iTrillar oblects trj the ¢hartty.
Th¢ Barn Instituto Notes to the Accountsforthè Ar •nd•d JO Aprll 2024 4 slghmuhce offln•ncI in5tNm¢nts lo Ihe chaW$ ptssftloh A finanbid i166et L¥ a flnand¥l lial41ity iy recDgtMs•d only whe th• mPry brneS a paity tolha contractud wovl8lons dlthe in5trurn•nt. 8a•l¢ llnandd Instrumgrrt• Ire inil'ly rq¢pgnS¥¥d 4t the traM•cbon prlcè, urAos& the aii8ngwnent constitrrte8 afiiiwr4ng tran3acbon, vthere11 i¥ recogFK"$pd •t th• yalue ol tho ful0 paymar th'8caunted at a Iri8iket rate of Intqrert foi a oimlw debt Insirurnem. Uebl insliw•nli Jr? 8ubq•qIRrY me••ur•d at imNttMd ¢o#t. Financi414•6•ts Ih•t ¥e measur•d •t CDBt or amorti6ed ievimdfgr ¢)bjecttve thlthnt4 or Imp@Irrnint al the end of each reporting elate. h there ID D4'Ktivo wid#ncg ef ImOrmvFrt, Bn Imprrnwrt I$ is recowH6ed in p¥offt N1086 ImmthaWy. F al oqulty inètrumwts Y4uaidgb6 of ÈE9nifio8noe. aThd rtherfinond•l th•t oro iThCfv1al •iwincont. theuo ar• a88886ed f¢x Imwrm•nt Oth&r ffn&noial a¢ or tylhw •u8ecl indv1tjly br grouptd tsn Th bah of 6Smilar creth nik Eh4r•ctBrl4ts. Any ievw601$ of imprmtfit ar• f8eogn1d in prollt or lo&$ Imm•dlatély, ic thé lh• doe8 not re81th In i amoum ofth• flnandal xoet that exceod5 that th8 cairyino aThDt wtyjd havb h•J th• im1rmerf nrA pr•viousty b••n r•caoni8•d 5 Th• contrfbutlon ol volunte¢ rim• 18 wend•d on th• eh•riV• 4rti¥lllw and 9ov•rn•nG• k%+Aèh16 dgn4tod fre0 of chthry. It l• ImpltiGat ta qU4fttify Ihg ¥aliJo olthe Itm¢ liven. 4nd BccordinY It ij Trerthei r•cord•d •• donit•d IncLo nol 88 In thet IlnanL tst•rn•nt$. Th• •nd th• ¢h4rtty a¢o•rl •nd allreE Ihat no of emF4Dymtsrt cY8•d ty th•a• ITan4qmvMt¥. No ¢mFloy•M r•Gd¥od wndurnenis pm'ion In exce81 of£80.orA Fjer all1m. 6 R•mun•rntton and p•ym•nts to Tru•t•es and p•r50n ¢ohn•ct•d with th•m No tru••# N plOnty rom•rf•d vlth thèrn roGelved iny r•munwalcnfrom the theity, 014ny reljtsd enbty. 7 Tafielble lix•d •$5ets L•nd and 8ulldlngS Tot 1 May 2023 I5,000 At3Q Aprl 2024 D•pw•¢ltloh t JO Aprm 1024 Net IKKth volu At 30 Pwll 2024 8ty).000 At 30 Pyrl 2023 000,oou 17
The Barnes Instltute Not•¢ to th• Ao¢ountB for th• y•dr •nd•d 30 April 2024 Land •nd Bulldlng5 lory Colt 01 May 2Q22 800,000 BOO.OLY) 01 Muy 201J 0.lI) Depre£0Th N¢t tsopk value 01 May z023 8llO.O 01 M•y 2022 oc 1 Vied for th're¢t rIttl10 wpptxei. J Cr•dIto. •mounli lalung Ou• wlthln on• y•ir 2024 AcGiuals gCIJ g Incom• and Expèndilure account surnmary 2023 At l May 2Ct23 Suifkn aft8r tax toriho year 838,130 115.3601 845,859 17,7291 At JO AWK 2014 6217Yo U3B,130 10 Nts rèlted party IMnsJGilohs Thw•w•r• no trarVrA 44llh rdtttAd In th• y8Ot. 11 P•rtkukts ol hoTPJ P4rtl¢ul#r lund5 ar• reprnsent•d by 4SS•ts •nd Ilablllll•s At JO Aprll 2024 Flxèd A8••t8 aLW,OOQ •XI.OOD J.o"io [0) Cvrr•nt th91• Z?,970 Current UHbl(iie$ 19001 ,7TO A22,7TO At l May 2023 Vftrnstrktod 011 ds Fwds 8QD,QOQ 3B,130 80qOCA) 130 Curfffi 838.130 dJe.i3 18
The Barnès Instltute Notes to thé Aeeauhts forthè war •nded SQ April 2024 12 Ch•Dy• in tr•tal fvnd• ov•r th• r as shpwn In Nol• 11 , analysed by Ipdivldual lunds Funth brou Mo¥tm¢nl I ftyw•rd humls In 2024 b•t¥MeTh 1¥ th 2124 Fundi C4Frted fon¥10 3036 Slw Nrrf• 11 UnFthct4d Revenue Ftjnd 83B.I 115,3801 822,770 Totsl Uhmatrlot 4nd 1glled fvndl 0,130 1 sjao ¢22,770 f<ytsl tharlty Abnds 6J8.130 aLL 13 kn•11 of mov•m•nts In lulldj 0rth• ya•r a$ jhown In Not• 12 oth Los X24 2•24 Uittlnd?d R•w¢ll Fundv 30,751 146,1111 114JOOI R•thlLd fund8.. Regtncled Ravenutr Funth 3,600 13,60DI {1436o 14 Th• purpow tor whl¢h the fundi R•vonu¥J Fui Th¢Be (unth are helll fcK the meel'no th8 obJ'activ•¥ of thg chwity, and to wavi¢e it&•ry 191 Iuwro asuviieg, ar4. SUrye¢t 1¢ Chartty1waIIoTh, ar• fr•• li¢m 41 r••tric¥Nw on thfrlr us•. R•stn"dvd Flxld NtsbetFund• Tho purrth• of therye fun& Ix d#crlb•d und•r ihe occtyjnltiig pdl¢y 'A¢wuniing loi dran1% onrs fixud aBsetlun46'. Th1 fund reweoÈnts Fetstnctqd 4uiOu• arfsin9 M tho r•¥atu•Uon ofthè charty'$ Flo&tsfjct•d fundk lunth tsut4DGtto ?pwAfi¢ r¥str"0 IMpXe ty donoTr and lund•rs. R•8triet•d Rwaluatton Ro9kn"dad R•v•nu4) FunL 15 Uliim•t conlrolllng p•rty Tl challw l under tha contrd ol Its l 19
The B4rnes Instltute lJ•t2NAd ahAlytl• fyl In¢om4 •nd •xp•ndltuM lèr th• &r tnded go Apiil 2024 ** requlred by the SORP 2015 Thls •nalysls Is etsstslhdby eonw•ntional nomlnal daserlptlons and not ty acthty. io Donallon4 Grant• and L•gicl• euTr•ntsw Curr•wsf y• Prt•rY••r Fundi 2024 Dpnattonty w)d glltts IiLkn Indlvldud¥ Gèneral dono110 545 Tot•1 don411oTh# glftl from Indfvidu•l 545 cumnt ciirnl Cyry•nt yT•r prt•rY•• UN•AtrJthd R••tslot•d Tor1 Fundi Totsl Fundi Funds d• 2C424 2024 R•venuo grants don•llon• tiom I publlc l)odl8¥ Corrmunty FOundatI1- June King Fund 3.740 Totsl pYlvte •Ktor r•v•hu• qraTrt• J,000 3.740 R•¥ghu8 gwrt and dond1x Irom non Pul IKdl•B Ilnrlude QIftAld don•tlons fro subskllatl¢41 . Prlor Y•ar •noly¥l• Prlgr Y¥4r UnwE5trfsted Fundi PrfDr Y••r Rè¥trtEtsd FUftd4 prtorymr Totsl Fvmli 20ZJ 2023 zoiJ Prfor Y•ar 3,740 Total Donatlons, Grants and Legacle8 Total Donalivns, Grnnts and Legatle¥ A1 3.fjoo 4.145 4279 th• donalar6 arvj glts In the prtty year re unrestrlGted. Prfor••r PvloTYer Y4tal zuzJ Find ZD28 Funds 2025 Total Donailons. Grants and L•vclos A1 1,409 574) 4229 20
Th? Barnes Inslltute D@tll•d analysls of Ineobn• and gxp•ndiiurg lor th• y•ar •nded YO Aprfl 2024 is Trquired by th• 80RP 1015 17 In¢om from chaiit•bl• acUvlt186- Trndlng AGtItIeS urrentyear cuN•nt wr CIJiTElIt al Cury•nt >wr PrloTYpv UhT•Strlct¢d Rt¥trlel¥d Tolal Fvnds Totsl •Jnds 2024 2024 202) Pi6rnaiy puryw and •n¢lW Iradltii Lelb'ThJ ol property for charrtatAe a946 20.755 1504 1,S09 Totsl Pilmary puipg•• •nd •n¢lllwy tradlni 258SO ISASO 21264 18 JnGQM• fiom GhArlt•ble athlrieo Cwmnt y4ar Cumt 11 curt•nt Pilar Ya•1 Vnrnslrfrt•d ReBld¢t• Fundi Fund 2021 T•tsi 1034 2023 Total Incomtr trorn ¢harflat48 Irallng 2S,450 21450 22,264 Tpl•l Irom ¢hapllAble a¢tMti 25,450 2&4 22.284 19 Ineory Irtsm oth•r. non charftabh, tradlng aotlvlilos Currthi llr Curntye•r r Pyar Unr•strlEled Total Funds YO Fud6 Fund• Fun1# ZQ24 20 2023 ncome trom fvTrJrai8hg evvl• Cxher mcome 4,7S8 4,786 2.7(T2 Totsl from pther acllvllie• 4,756 4,751 4247 21
Th& Bames Instttute Otstslled anal19 ol In¢om• and •xp•ndlturn lor th• y•ar and•d 30 Aprtl 2024 4• requlrnrfj by lh¢ SORP 2015 IQ Exp•nd6ture on charitable acimllej - Charitable trndlng CuTh•Trt Curt1 sup cwmmiyev P•fvYur Unr•llirf¢i•d R•slrfct Funds Funds un•rt Yew 2024 iQ24 R•aUoc&tBd frorn ¥UFpc• roBt6 44591 3,6DQ 48.191 38.149 Total charitl trodlfig CHts I .591 48.1&1 J•.145 21 8upport ¢tI for chArltibl• 4ctivitl•s CuTrtht UhtrI¢d Fun4t Curr•ntsw Currthit y•v prfèr Y R•t#l¢l•d Tatsl Fundi Tutsl FuThd• Cunpnt Ymr I4 2Q14 a02J Pr•ml••$ Exp•n• Rat•8 and w8tsr charge Llght hèal and power Premlses rnpairs, r?new31s and m81ntenanc• OlheT Premb86s Colts 1.$04 4,897 1,504 4,597 452 3,864 ¥397 31,997 21.787 4,02 3.336 Admlnbtrntlvo av•rh••dg T•l•phone, fax and intemel Soiknffr8 licences and È%ptnseg Lilbilty and cont•nls insur8nce Sundry expansès Li¢enGe¥ & Pamiils 353 578 Z179 2,14T 531 355 578 2,17• 2,147 531 1,81S 3,019 44S Pmfusion•l fè•8 paldto •th8or8 Otherthan th• audltoror ex•mln•r Olh8rlegBI and yofessional 495 496 3,122 Bank ch2rg•s Supptsrt cos1• b•fore r•AlltiOn 44891 460LI 48,491 ,149 Le•• •uppprt ¢951B reallo¢ated roswfft aotlvltl•tr To charitable trading costs 144.5811 13,60DI 141.1911 {M1491 support cogts-currnnl Year 300 22
The Barne5 Instltute Ootailqd anaty&iÉ of Ineorne and exp•nditurn for th• y•aY Èn&d 30 April 2024 a¢ r¢qulred by lh SORP 2015 Prnmh•J Exp•M• PremSse$ repairs. renowals and mainlenance 18.047 3,740 21.717 Admlnhtrntlv• ov•rh•ads Support trosts b•lorn Tralloc•tlon 34A09 3.740 30.t49 To thaiilable trodlng ¢DSts 134,4051 13.7401 131,1491 22 Olher ExpendltuY•- Ogvemance co¥1• R•slrf¢t•d Fun4J4 2024 yo1 Fund¥ Totsl FuAd• Curr•nt Yur 2024 202a Ind•pendent Eyamlno¢• feel 1,220 1,Z20 Totsl Gov•rnahc• ¢1• 1.220 1.210 23 Tot•1 Charftsbk eMpendiluf¥ Cyyrwl CuFr•nt Cumt Prfor Y•ar UnrestHthd R••ts1EtF Total Futhds T•tsl Fund& Funda Funds Curr•rt Year 2024 ' 9024 TotBI charitable tradlng costs Total support costs Tot81 G0ManCe costs B2b Bid B2• 44,591 300 1,220 48,191 3fYJ 1,220 .1 Tow nhoritable expffidlture 40.111 3,6QQ. 49,711 3J,409 Or Y•ar P1 Ymr Unm1141 Ilslrt¢t Funds prtorY••r Trtil Ftsnd Prlor Y•ar 2PZJ 202$ Total chAfilIe trading cus1$ Tfflal Govemance cos15 B2b B2• 3Et,149 320 Ja.149 Total chaillablvi expernlllur• 82 23
Th• B•m•s Institut• Aclivity In•118 of Ineom• and •xp•ndltur• lor th• ltst th• y••r •nd•d 30 Aprll 2fj24 Thls andysls Is classsifmd by •cilvlly •ftdnoi by ¢onv•ntion•l nomln•l éescrtpllons. 24 An•tysls ol Incgme by a¢Uvlty SOFA Yel Incaffl• ¢hwitblo Kllvftle• Shrfj r• 296 1.509 144Sg 1504 Roem rental Tthal Ineorn•fnxn thailtbl• a¢111 Incom• lrnrn oth•r, charlt•bl•, ti•dlng 4¢11tIeS 4.7S4 non ¢hrt•t4• •thth'a Tothl Incrffie from o¢her, no ¢h•r11•b Ir•dlnq •thld 4,7H 424T Summary al Totsl hKom•. Includlnq lh• Items abov• Chadla4e aefvlll 22,261 3,247 S,229 4,75 4,145 Donabons & L•gaci18 Al Totsl laeoffl• lth the SOFA 31351 C•f•qort•J of Incom• In¢omD from •xEhang? IranNactronB 34.351 30,740 25 Andysis of oh•rllbh •xpendltur• by actY Aclivity Olrnct costs 8upport ¢otS Qrant dlh9 of Tot 2024 2024 2024 ¥J24 1023 Shop rn r•ct co•ts 300 Pr•mi••8 exw4•8 Admtnl8trthe ovFthvB Piofwional le05 FlTranc¢al ¢06ts 38.526 4488 495 ,$20 30,940 4.D87 3,122 TDll sIP r•nt 44,a91 34149
The Bames Institutè A¢tlvlty inalys15 of In¢(Mn¢ and oxpendtturn forthe for the year 30 Awil 2024 Support Gra costs fundin• of actilS costs T¥t•l TotDI 124 20 2024 1023 Llthw clMrft•tshacllvltl•g Prerni$ expunbE A¢Jmin1sfiaO ovorhoadB Prole$iional f•ts Finant4al¢D8tg 42,128 S.7NB 42,128 s.n 495 02 82 Tot•1 Qlhr ¢knarftsbl& 48.41 18,491 Sumrnwy ot ¢harltth Éosts by¥AI Dlr¢cl costs Support Or•nt fundlng of ¢t1•S 3024 Total Z024 20a4 20ZJ Totd Stt¢p f•M Tota oth. ewit4tle a£VId• Total Go¥vrn8nce detaled In Nat¢ 22 44.8SI 44,891 46,497 38,149 41491 1,220 320 1,220 Tolal charftts 44,111 49,711 94.802 38,419 Th• IAWF ol 411oEal'on of co•ts b•bva•rn a¢bvl#w i• thKnb•é undw aecgunbng pc4icl•s Th• tsredo vflhS1 bytypg of$p•ndn4 Il• nomln d¥8Sffica¢nI 1$ d•taiFedin note 23 Is of and qowMnGe oostl tyy Fhrltsbk adi¥ilie• Ooveminc• Flnin¢• Human Oth•r Resouitos Ovorheads Cythgr th•rrtatl¢ a¢tiwb'48 1,220 82 48,409 49,711 26 Ah•tygii of non ch•rftAbl• •xp•ndllur• by acthyly 2024 2023 JoTEyndture- G¢vemarKe tosts 4$ dplit•d In Not• 22 1.220 320 25