Trustees’ Annual Report for the period
From 01/08/2024 Period start date To 31/07/20245 Period end date
Charity name: Iwade@TheBarn
Charity registration number: 1163386
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To further or benefit the residents of Iwade and the neighbourhood, without distraction of sex, sexual orientation, race or of political, religious or other opinion by associating the said residents and the local authorities, voluntary and/or other organisations in a common effort to advance education and provide facility in the interest of social welfare for recreation leisure time occupation with the objective of improving community life for Iwade residents. In furtherance of these objects but not otherwise, the charity trustees shall have power; to establish or secure the establishment of a community hub and to maintain or manage or cooperate with any statutory authority in the maintenance and meeting of such a hub for activities provided by the CIO in furtherance of the above objects. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The organisation has continued the management of the community space for the residents of Iwade. The benefits to the public are by providing a public space for use by the local residents including supporting local business people by providing the facility. This has included making the venue available as a meeting space, for leisure space and social events. The social events over the last year have seen attendance increase. Trustees have been investigating options of further premises in Iwade where the trust may be able to bring further benefits to residents, and this will be a consideration for future financial decisions. |
Statement confirming Para 1.18 Trustees confirm that they have had regard whether the trustees have to the guidance issued by the Charity had regard to the guidance Commission on public benefit. issued by the Charity Commission on public benefit
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Grants not given by the charity Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The trust has had another successful year. As in previous years, we have continued to be able to offer the barn free of charge to community groups, as well as holding our own events to raise funds for the upkeep of the building, as well as expanding the work we do away from the barn. The hire fees of the barn has been covering costs, although the increasing income from the monthly micropub has allowed us to run bigger events and further projects in the village. The increase in trustees has really shown it’s benefits this year, with two additional trustees joining us. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Cash funds of £18814 at period end. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Trustees continue to set aside £3000 as a sinking fund for future repairs, and £7000 to cover one years running costs to manage any further periods of closure as experienced this year. With a change in accounts where the reserves are held, we now also gain some interest, which helps to limit any increase in inflation. |
| Amount of reserves held | Para 1.22 | £10,222 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Trustees are confident that the trust will continue as a going concern. |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | The Trust feel that due to the healthy funds held, and continuing prudent financial management there are no foreseeable risks facing the charity. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution dated 16 July 2014 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by existing trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Iwade@TheBarn |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1163386 |
| Charity’s principal address | Iwade Barn 20 All Saints Close Iwade ME9 8FP |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| James Hunt | Chairman | |||
| Kelvin Rivers- Simpson |
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| Les Bailey | Secretary | From 13/10/24 | ||
| Jessica McMahon | Treasurer | |||
| John Pearce | From 12/10/24 | |||
| Susan Rivers- Simpson |
From 13/10/24 | |||
| Elizabeth Richards | Vice Chairman | |||
| Sue Wall | From 29/04/25 | Iwade Church Council | ||
| Rynn Kemp | ||||
| Ronald Francis | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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| Iwade @ The Barn | Iwade @ The Barn | CC16a | |||
|---|---|---|---|---|---|
| Receipts and | |||||
| For the period from | 01/08/2024 | To | |||
| Section A Receipts and payments | |||||
| A1 Receipts | Unrestricted funds to the nearest £ 93.00 11,970.00 10,060.00 - - - - - 22,123.00 - - - 22,123.00 3,385.00 766.00 1,321.00 2,591.00 767.00 442.00 1,245.00 1,685.00 99.00 1,515.00 419.00 6,405.00 362.00 25.00 340.00 1,043.00 |
Restricted funds to the nearest £ - - - 1,000.00 - - - - 1,000.00 - - - 1,000.00 - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 93.00 11,970.00 10,060.00 1,000.00 - - - - 23,123.00 - - - 23,123.00 3,385.00 766.00 1,321.00 2,591.00 767.00 442.00 1,245.00 1,685.00 99.00 1,515.00 419.00 6,405.00 362.00 25.00 340.00 1,043.00 - 22,410.00 - - - 22,410.00 713.00 |
Last year to the nearest £ |
| Donations | - | 486.00 | |||
| Barn Hire | - | 12,228.00 | |||
| Micropub | - | 6,821.00 | |||
| Grant Funding | - | 222.00 | |||
| - | - | ||||
| - | - | ||||
| - | - | ||||
| - - |
- | ||||
| Sub total(Gross income for AR) |
19,757.00 | ||||
| A2 Asset and investment sales, (see table). |
|||||
| - | |||||
| - - |
- | ||||
| Sub total | - | ||||
| Total receipts A3 Payments |
|||||
| - | 19,757.00 | ||||
| Repairs & Maintenance | - | 2,761.00 | |||
| Legal | - | 371.00 | |||
| Insurance | - | 1,857.00 | |||
| Utilies | - | 2,050.00 | |||
| Telephone & Broadband | - | 644.00 | |||
| Waste Disposal | - | 482.00 | |||
| Cleaning | - | 739.00 | |||
| Equipment | - | 1,717.00 | |||
| Supplies | - | 582.00 | |||
| BookingClerk | - | 1,471.00 | |||
| Refunds | - | 216.00 | |||
| Micropub | - | 4,332.00 | |||
| Website | - | 120.00 | |||
| Miscellanous | - | 25.00 | |||
| Fundraising | - | - | |||
| CaravanConversion | - | - | |||
| Horsebox Conversion | - | - | - | 455.00 | |
| **Sub total ** | 22,410.00 - - - 22,410.00 - 287.00 - 7,878.00 7,591.00 |
- - - - - 1,000.00 - - 1,000.00 |
- | 17,822.00 | |
| A4 Asset and investment purchases, (see table) |
|||||
| - | |||||
| - - |
|||||
| **Sub total ** | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| - | 17,822.00 | ||||
| - | 2,080.00 | ||||
| - | - 7,878.00 |
- | |||
| - | 15,943.00 | ||||
| - | 8,591.00 | 18,023.00 |
CCXX R1 accounts (SS)
13/01/2026
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | ||
|---|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Lindr Beer Pumps x2 Tablets Details Chairs Sound System Horsebox Racking Caravan Current Account Reserve Account Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Storage Shed Tables |
Unrestricted funds to nearest £ 8,592.00 10,222.00 - 18,814.00 Agreement Error Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted Fund to which liability relates |
Restricted funds to nearest £ - - - - Agreement Error Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional) - - - - - |
Endowment funds to nearest £ |
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| OK | ||||
| Endowment funds to nearest £ |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| When due (optional) | ||||
CCXX R2 accounts (SS)
13/01/2026
2