## BARROW HILL COMMUNITY TRUST
Financial statements for the year ended 31st March 2025
Charity number: 1176069 Registered England and Wales
**BARROW HILL COMMUNITY TRUST Contents of the financial statements for the year ended 31st March 2025**
______________________________________________________________________________________________
||Page|
|---|---|
|Administrative Details|1|
|Trustees Annual Report|2 - 4|
|Independent Examiners Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the accounts|8 - 14|
**BARROW HILL COMMUNITY TRUST Administrative details for the year ended 31st March 2025**
______________________________________________________________________________________________
**Registered Name** BARROW HILL COMMUNITY TRUST **Registered Charity number** 1176069 **Trustees** Simon Redding Chair Lynne Haywood Marion Thorpe Charles Scarf Kane Shelbourne Greg Connor Richard Motley Ben Fitzgerald From 21st October 2024 **Registered Office** Barrow Hill Memorial Hall 3 Station Road Barrow Hill Chesterfield S43 2PG **Bankers** Cooperative Bank 15 Elder Way, Chesterfield S40 1UX **Independent Examiner** Mr Heera Singh FMAAT HSL Accountancy Solutions Ltd Enterprise House 4-6 Thorne Doncaster DN1 2HS
Page 1
**BARROW HILL COMMUNITY TRUST The Directors (trustees) present their annual report for the year ended 31st March 2025**
______________________________________________________________________________________________
The trustees of the charity submit their annual report and financial statements for the year ended 31st March 2025.
## **Objectives and activities Policies and objectives**
The summary of the purposes of the charity as set out in its governing document is as follows:
- (I) To promote for the benefit of the inhabitants of Barrow Hill and surrounding areas without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and other leisure time occupations with the objects of improving the conditions of life of the said inhabitants.
- (II) To establish or secure the establishment of a community centre (Hereinafter called “The Centre” and to maintain and manage the same (Whether alone or in co-operation with any local authority or person or body) in furtherance of these objects.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Strategies for achieving objectives**
Our Vision is to provide local people with a community building they can be proud of. Our Mission is to provide a multipurpose hub for the community where people work together to deliver activities. We aim to:
- raise awareness of the Memorial Hall and encourage more people to get involved.
- repair and maintain the Memorial Hall through a phased development programme.
- provide a range of different spaces for activities and events to happen.
- make the Memorial Hall viable through room hire and activities and by growing links with businesses.
## **Statement of public benefit**
In managing Barrow Hill Memorial Hall, and the Haven, the trustees have had due regard to the Charity Commission’s public benefit guidance.
Trustees aim to ensure that hire charges and activities remain affordable for local users and carry out an annual review of their charges.
## **Activities undertaken to achieve objectives**
During the reporting period, the charity:
The main activities during the reporting period have focussed on progressing the renovation of the Memorial Hall and providing and improving an alternative facility for community activities at the Haven Community Room.
Trustees lease the Haven community room, a facility in which the community can hold events, celebrate personal milestones and allow clubs and societies to flourish, which benefits people from the village and the wider community.
Successfully applied for grants which have enabled trustees to progress the renovation of the Memorial Hall, the refurbishment of the Haven and the provision of community activities at the Haven.
Was awarded an additional £433,115 from the Staveley Town Deal and £50,000 from Garfield Weston which will enable the ground floor renovations at the Memorial Hall to be fully funded and the Community and Health Hubs to be opened in 2025.
Appointed H.A.Briddon as the main contractor for the renovation works.
Fitted a new kitchen in the Haven which has been awarded a five-star hygiene rating.
Installed portacabins at the Memorial Hall for use as a temporary community pantry.
Appointed a coordinator to run a Digital Inclusion Project at the Haven.
Published and delivered quarterly newsletters.
Liaised with the new Borough Councillor, M.P. and Chair of Chesterfield Royal Hospital to raise awareness of local issues.
Page 2
**BARROW HILL COMMUNITY TRUST The Directors (trustees) present their annual report (continued) for the year ended 31st March 2025**
____________________________________________________________________________________________
## **ACTIVITIES during the reporting period have included:**
- Weekly Youth Club for ages 11-19
- Weekly Junior Club for primary aged children
- Warm Space activities
- Easter Craft Activities and Egg Hunt
- Christmas Lunch
- Christmas Carols and Remembrance
- Community Celebration of Life
- Dedication of a defibrillator
- Jobs and Skills Fair
- Junior disco and holiday club
- Air Fryer Course
- Sponsored community coach trip to Cleethorpes
- Digital Inclusion sessions
## **Volunteers**
A great contribution is made by trustees and community volunteers. Volunteers have set up and run groups, activities and events. Without their valuable contribution of time, energy and expertise, the operation of Barrow Hill Memorial Hall and the Haven would not be possible.
The management of both the Memorial Hall and the Haven community room rely on the efforts of unpaid volunteers, all of whom put in many hours of work to ensure that the premises are maintained and that activities are responsive to community identified needs.
All trustees give their time as volunteers and receive no payment or other benefits for carrying out their duties as a trustee
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **Reserves policy**
The trustees policy is to build reserves equal to at least 3 months’ running costs to protect the continuity of the charity’s activities against fluctuations in income. Reserves are currently being utilised to assist cash flow during construction work.
## **Plans for the future**
The charity’s focus for the coming financial year is to complete the renovations currently taking place at both the Memorial Hall and the Haven community room. As a minimum, trustees aim to deliver the new Community Hub, the Health Hub and a Food Pantry in 2025.
## **Structure, governance and management**
## **Background**
On 4 December 2017, the trustees of Barrow Hill Memorial Club (Registered Charity No:520412) established a Charitable Incorporated Organisation, Barrow Hill Community Trust (Registered Charity No:1176069). It's registered office address is 3 Station Road, Barrow Hill, Chesterfield, S43 2PG.
By a general vesting order made by the trustees on 11 January 2018, Barrow Hill Memorial Club (Registered Charity No: 520412) transferred all its assets and property to Barrow Hill Community Trust (Registered Charity No: 1176069) which became the corporate trustee. The merger was completed, and the original charity was removed from the charity register, on 8 June 2020.
## **Constitution**
Barrow Hill Community Trust is a registered charity, number 1176069, and is constituted under a Model constitution for a foundation C.I.O (Updated January 2025). Methods of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. In line with the Trustees Recruitment and Induction Policy, efforts to recruit and appoint new trustees take account of the board’s skills audit and current capacity.
Page 3
**BARROW HILL COMMUNITY TRUST The Directors (trustees) present their annual report (continued) for the year ended 31st March 2025**
____________________________________________________________________________________________
## **Organisational structure and decision-making policies**
The organisational structure of the charity is based on the Prince’s Regeneration Trust’s BRICK Programme which has been specifically devised for charities hoping to rescue historic buildings and bring them into sustainable use. Subgroups include at least one trustee along with relevant advisers, residents, consultants and service providers who look at an aspect of the project in detail and make recommendations to the board.
## **Policies adopted for the induction and training of Trustees**
The board developed their policy and procedures for the induction and training of trustees in March 2019 and have kept these under annual review. New trustees initially join other trustees and advisers as a member of the induction and policies sub-group and take part in policy development and annual reviews.
## **Pay policy for key management personnel**
All trustees give their time as volunteers and receive no payment or other benefits for carrying out their duties as a trustee.
## **Related party relationships**
The #ProudToBeBarrowHill group involves partner groups and organisations working together to co-ordinate local activities, share knowledge and information about community matters and offer support.
The charity is represented at meetings of the Staveley Health and Well-being Network, the Chesterfield Cultural Education Partnership and the Staveley Town Deal Project Sponsors. As a founder member of the Chesterfield Cultural Education Partnership, the trust is taking a leadership role in connecting culture/heritage and the provision of a multi-purpose community hub to resolving issues of health and education inequity in the community.
Partnership activities have continued at the Haven with the #Proud to Be Barrow Hill Group organising Family Church, a Women’s Group, Creative Mentoring and a film launch at the Roundhouse.
## **Plans for future periods**
Over the next two years, this well-loved heritage building will be sympathetically restored to provide Barrow Hill and the surrounding neighbourhoods with modern, accessible facilities and bring it back to its former purpose to celebrate its centenary of community ownership. Trustees will be conducting a strategic review of our strategy and business plans during 2025, to provide us with a clear plan for the next 5 years'.
## **Statement of Trustees' responsibilities**
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 & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
- departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
- Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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. The trustees declare that they have approved the above report. Signed on behalf of the trustees
Signed: Name and position: Simon Redding, Chair of Trustees
Date: 31[st] August 2025
Page 4
**Examiners report to the trustees of BARROW HILL COMMUNITY TRUST for the year ended 31st March 2025**
I report on the accounts of the charity for the ended 31st March 2025 which are set out on pages 6 to 7.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- 1 which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Heera Singh FMAAT Date: 1[st] September 2025 HSL Accountancy Solutions Ltd Enterprise House 4-6 Thorne Road Doncaster DN1 2HS
Page 5
## **BARROW HILL COMMUNITY TRUST Statement of Financial Activities (Including the Income and Expenditure Account) for the year ended 31st March 2025**
|**Income from:**
**Notes**
Grants and donations
**2**
Charitable activities
**2**
Investment income
**Total**
**Expenditure on:**
Charitable activities
**3**
**Total**
Net income/(expenditure)
Transfers between funds
**Net movement in funds after transfers**
Revaluation of Fixed Assets
Total funds brought forward at 1st April 2024
**Total funds carried forward 31st March 2025**|**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**fund**
**2025**
**2024**
**£**
**£**
**£**
**£**
1,737
318,852
320,589
259,357
2,817
0
2,817
12,304
0
0
0
0|
|---|---|
||**4,553**
**318,852**
**323,406**
**271,661**|
||18,451
233,592
252,043
174,445|
||**18,451**
**233,592**
**252,043**
**174,445**|
||-13,897
85,260
71,363
97,216
15,223
-15,223
0
0
**1,326**
**70,037**
**71,363**
**97,216**|
||155,000
0
155,000
0
274,311
122,688
397,000
299,783|
||**430,637**
**192,725**
**623,363**
**397,000**|
The above statement includes all gains and loses recognised during the year. All activities are regarded as continuing.
The accounting policies and notes on pages 8 to 14 form part of these financial statements.
Page 6
**BARROW HILL COMMUNITY TRUST Balance sheet As at 31st March 2025**
|**Fixed assets**
Notes
Tangible assets
**Current assets**
Debtors
Cash at bank and in hand
**Creditors (amounts falling due in one year)**
**Net current assets**
**Net assets**
**Reconciliation of Funds**
Unrestricted funds
Restricted funds
**Total funds**|**2025**
**£**
481,579
56,543
187,941
244,484
-102,701
141,784
**623,363**
430,637
192,725
**623,363**|**2024**
**£**
337,287
132,661
4,845|
|---|---|---|
|||137,506
-77,793|
|||59,713|
|||**397,000**|
|||274,311
122,688|
|||**397,000**|
The Trustees declare that they have approved the accounts above. Signed on behalf of the Charity:
Signed: Name and position: Simon Redding, Chair of Trustees Date: 31[st] August 2025
The accounting policies and notes on pages 8 to 14 form part of these financial statements.
Page 7
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **1 Accounting policies**
## **1.1 Basis of preparation**
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and 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 Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Barrow Hill Community Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
## **1.3 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs..
## **1.4 Fund accounting**
Restricted funds are funds received from donors which are subject to restrictions on the purposes for which they may be used of which have been raised for a specific project. Unrestricted funds are those where there are no externally imposed restrictions. These include funds freely available to the charity for expenditure or appropriation to reserves for internally designated purposes.
## **1.5 Assets**
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis: Freehold property - 2% Plant and machinery - 20%
Page 8
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **1.6 Taxes**
The BHCT was registered for VAT from 30 April 2023.
As a Charity the organisation is exempt from taxation on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of chargeable gains Act section 505 of the Taxes Act 1988 or s256 of the Taxation of chargeable gains Act 1992 to the extent that these are applied to its charitable objects.
## **1.7.**
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount, usually the invoice amount. Accrued charges are normally valued at their settlement amount.
## **1.8. Debtors**
Debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
## **1.9 Going Concern Note**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **2. Income from**
|**Grants and donations**
Donations & legacies
Grants
**Total 2025**
**Total 2024**
**Charitable activities**
Room hire
Other income
**Total 2025**
**Total 2024**
**xpenditure on**
**Charitable activities**
Audit and accountancy
Consulting
Depreciation
Legal expenses
Utilities
Repairs and maintenance
Insurance
Salaries and volunteer
Telephone, IT software and support
Sundry expenditure
**Total 2025**
**Total 2024**|**General**
**Restricted**
**Total**
**Total**
**Fund**
**Fund**
**2025**
**2024**
**£**
**£**
**£**
**£**
1,737
175
1,912
0
0
318,677
318,677
259,357|
|---|---|
||**1,737 **
**318,852 **
**320,589**
**259,357 **|
||**0**
**259,357 **
**259,357 **
**£**
**£**
**£**
**£**
800
0
800
724
2,017
0
2,017
11,580|
||**2,817**
**0**
**2,817**
**12,304 **|
||**12,304 **
**0**
**12,304 **
**General**
**Restricted**
**Total**
**Total**
**Fund**
**Fund**
**2025**
**2024**
**£**
**£**
**£**
**£**
2,231
0
2,231
3,441
0
46,047
46,047
106,472
9,020
3,029
12,049
8,681
210
358
568
356
2,753
255
3,008
2,882
657
183,065
183,722
46,482
2,882
0
2,882
809
250
0
250
3,211
417
839
1,256
2,073
31
0
31
37|
||**18,451 **
**233,592 **
**252,043**
**174,445**|
||**12,853**
**161,592 **
**174,445**|
## **3. Expenditure on**
Page 9
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **4. Independent examiner's remuneration**
|Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts
Fees payable to the Charity's independent examiner in respect of:
All taxation advisory services not included above
All assurance services not included above|**Total**
**Total**
**2025**
**2024**
**£**
**£**
1,000
1,000
1,260
1,260
0
0|
|---|---|
||**2,260**
**2,260**|
## **5. Tangible fixed assets**
## **6.**
## **7.**
|**Assets**
**Freehold**
**Plant and**
**under**
**property**
**machinery**
**construction**
**Total**
**£**
**£**
**£**
**£**
**Cost**
120,000
8,645
227,593
356,238
Additions/Revaluation
155,000
1,341
156,341
Disposals
0
At 31st March 2025
275,000
9,986
227,593
512,579
**Depreciation**
12,000
2,399
4,552
18,951
At 1st April 2024
5,500
1,997
4,552
12,049
Charge this period
0
At 31st March 2025
17,500
4,396
9,104
31,000
**Net book value at 31st March 2025**
**257,500**
**5,590**
**218,489**
**481,579**
**Net book value at 31st March 2024**
**108,000**
**6,246**
**212,771**
**337,287**
**Debtors**
**2025**
**2024**
**£**
**£**
Trade debtors
202
87,454
Other debtors
26,918
19,856
Prepayments and accrued income
29,423
25,350
**56,543**
**132,661 **
**Creditors (amounts falling due in one year)**
**2025**
**2024**
**£**
**£**
Trade Creditors
100,441
75,533
Accruals and deferred income
2,260
2,260
**102,701 **
**77,793**|**Assets**
**Freehold**
**Plant and**
**under**
**property**
**machinery**
**construction**
**Total**
**£**
**£**
**£**
**£**
120,000
8,645
227,593
356,238
155,000
1,341
156,341
0|**Assets**
**Freehold**
**Plant and**
**under**
**property**
**machinery**
**construction**
**Total**
**£**
**£**
**£**
**£**
120,000
8,645
227,593
356,238
155,000
1,341
156,341
0|
|---|---|---|
||275,000
9,986|227,593
512,579|
||12,000
2,399
5,500
1,997|4,552
18,951
4,552
12,049
0|
||17,500
4,396|9,104
31,000|
||||
||**257,500**
**5,590**|**218,489**
**481,579**|
||||
||**108,000**
**6,246**|**212,771**
**337,287**|
|||**2025**
**2024**
**£**
**£**
202
87,454
26,918
19,856
29,423
25,350
**56,543**
**132,661 **
**2025**
**2024**
**£**
**£**
100,441
75,533
2,260
2,260
**102,701 **
**77,793**|
## **8. Salaries costs**
During the period of these accounts the Charity did not employee any staff. Freelance staff and consultants have been engaged as and when required. (2024: NIL)
## **9. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
Page 11
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **10. Movement of funds**
|**Unrestricted funds**
General funds
**Restricted funds**
Chesterfield Borough Council -
Haven Kitchen
Chesterfield Borough Council - Toilet
Chesterfield Borough Council -
Townsfund
CBC Warm Space
Derbyshire Voluntary Action
Arts Council England
Fixed Asset Fund
Defib 2024
EREWASH VOLUNTARY
Garfield Weston Foundation
Renovations - Changing Places
Renovations - Sport Hall
National Grid - Warm Room
National Heritage
Rural Action Derbyshire - Digital
Inclusion
Rural Action Derbyshire - Pantry|**Opening**
**Incoming**
**Expended**
**Closing**
**01.04.2024**
**resources**
**resources**
**Transfers**
**31.03.2025**
**£**
**£**
**£**
**£**
**£**
274,311
159,554
-18,451
15,223
430,637
4,500
0
-5,639
1,139
0
0
5,950
0
0
5,950
18,436
191,153
-209,589
0
0
0
1,000
-430
0
570
0
1,000
0
0
1,000
0
43,172
-699
0
42,473
81,003
0
-3,029
1,341
79,315
0
175
-113
-63
0
0
4,980
0
0
4,980
0
50,000
0
0
50,000
16,750
0
0
-16,750
0
2,000
0
0
-2,000
0
0
4,868
0
0
4,868
0
12,827
-13,937
1,110
0
0
3,569
0
0
3,569
0
158
-158
0
0|
|---|---|
||**397,000**
**478,406**
**-252,043**
**0**
**623,363**|
## **Transfer of funds**
During the period of accounts, the below Restricted Funds have been transferred to a Fixed Asset Fund. This fund has been set up to depreciate assets that have been purchased using Restricted Funds.
||**£**|
|---|---|
|CBC-HAVEN-KITCHEN|750|
|DEFIB-2024|591|
|During the period of accounts, the below Restricted Funds have been transferred|to General Funds. These|
|funds relate to project that have been completed in previous periods.||
||**£**|
|CBC-HAVEN-KITCHEN|1,730|
|CHANGING-PLACE-TOILET|16,750|
|HARTINGTON-2023|2,000|
|DEFIB-2024|687|
|NLHF-DEV-2023|1,110|
During the period of accounts, the below Restricted Funds have been transferred to General Funds. These funds relate to project that have been completed in previous periods.
Page 12
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **10. Movement of funds Purpose of Restricted Funds**
|**Movement of funds**
**Purpose of Restricted Funds**||
|---|---|
|Fund|Purpose|
|Chesterfield Borough Council
- CommunityGrant|Towards the cost of a new kitchen for the Haven Community Room|
|Chesterfield Borough Council
- StaveleyHealth and Wellbeing|Towards the purchase of a shed for storage at the Haven Community
Room|
|Chesterfield Borough Council
- StaveleyTown Deal|Funds reclaimed for work carried out as part of the renovations of the
Memorial Hall|
|CBC Warm Space|Haven Warm space|
|Derbyshire VoluntaryAction|Set upof the foodpantry|
|Fixed Asset Fund|Fund created to depreciated assetspurchase viagrant funding|
|Defib 2024|Towards thepurchase of a defibrillator|
|EREWASH VOLUNTARY|Refurbishment of the Haven toilet/office|
|Garfield Weston Foundation|Renovations at the Memorial Hall|
|Renovations - ChangingPlaces|Funds reclaimed for installation of a ChangingPlaces toilet.|
|Renovations - Sport Hall|Towards thepurchase of a defibrillator|
|National Grid - Warm Room|To set upthe New Haven andprovide a warm space and activities|
|National Heritage|Haven warm space|
|Rural Action Derbyshire - Digital
Inclusion|Digital inclusion project.|
|Rural Action Derbyshire - Pantry|Set upof the foodpantry|
## **10. Movement of funds 2024**
|**Unrestricted funds**
General funds
**Restricted funds**
Chesterfield Borough Council - Haven
Kitchen
Chesterfield Borough Council - Haven
Shed
Chesterfield Borough Council -
Townsfund
DCC Warm Space
Feeling Connected
Fixed Asset Fund
General Charitable Fund
Heritage Lottery Fund - Archive
Heritage Lottery Fund - 2023
Renovations - Changing Places
Renovations - Sport Hall
See
Staveley Health & Wellbeing
Subgroup
Young People - Junior Club
Young People - Teen Club|**Opening**
**Incoming**
**Expended**
**Closing**
**01.04.2023**
**resources**
**resources**
**Transfers**
**31.03.2024**
**£**
**£**
**£**
**£**
**£**
270,474
12,304
-12,853
4,386
274,311
0
4,500
0
0
4,500
0
1,000
0
-1,000
0
0
141,923
-107,238
-16,250
18,436
-194
1,500
-1,306
0
0
3,626
0
-1,408
-2,218
0
0
0
-2,761
83,763
81,003
2,020
0
0
-2,020
0
7,046
0
-3,536
-3,510
0
0
68,533
-45,200
-23,333
0
10,000
40,500
0
-33,750
16,750
1,000
1,000
0
0
2,000
3,066
0
-143
-2,923
0
0
400
0
-400
0
2,029
0
0
-2,029
0
716
0
0
-716
0|
|---|---|
||**299,784 **
**271,661 **
**-174,445**
**0**
**397,000**|
Page 13
**BARROW HILL COMMUNITY TRUST Notes to the financial statements for the year ended 31st March 2025**
## **11. Analysis of net assets between funds**
|**Analysis of net assets between funds**||
|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Tangible fixed assets
Current assets
Current liabilities|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2025**
**£**
**£**
**£**
402,264
79,315
481,579
30,633
213,851
244,485
-2,260
-100,441
-102,701|
||**430,637 **
**192,726**
**623,363**|
||**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2024**
**£**
**£**
**£**
256,285
81,003
337,287
20,287
117,219
137,506
-2,260
-75,533
-77,793|
||**274,311**
**122,688**
**397,000**|
## **12. Previous periods figure**
The previous periods figures are provided for comparison purposes only.
Page 14