REGISTERED CHARITY NUMBER.. 1182709
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 1024
FOR
THE EDWARD BARNSLEY EDUCATIONAL TRU
Lewis Brownlee (chich￿ter) Limited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
P020 7EQ

THE EDWARD BARNSLEY EDUCATIONAL TRusr
CONTENTS OFTHE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the TrLf5tees
Independent Examiner's Report
Statement of Flnancial Activitie5
Balance Sheet
Note5 to the Fsnancial Statement5
8 to 15

THE EDWARD BARNSLEY EDUCATIONAL TRusr
REPORTOFTHE TRu￿EEs
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their rep)rt with the financlal staternents of the charity for the year ended 31 D￿mber 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommend
practi￿ Bpplicable to charities preparlng their accounts in accc}rdan￿ with the Finandal Reporting Standard applioble
in the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191.
OBJEcllvES AND ACTIvrriES
Objectives and aims
The Charily's objects are..
To assist persons who are in need of financial assistan￿ and who are preparlng for, entering upon or engaged
in the crdft of handmade furniture making by providing them with tools, outfits or by paySng fees, travelling or
rnaintenance expenses or by such olher means for their advancetnent in lifo to enable them to earn their living
as the trustecs see fit;
To preserve and rnaintain for the pU￿1C bonefit the Edward Barnsiey Archive,.
In otherwise promoting the education and training of such persons.
The Edward 6arnsley Educational Trust achicvos its charitable objetts by tralning apprenti￿ flne furniture makers and
provlding the mcans for them to improve thelr skills. The Workshop Coltage is the headquarters of the Trust housit¥J
the administration, archive and showroom.
In planning our activilies for the year we kept in mind the Chariws Commission's guidan￿ on publlc benefrt.
We ensure that the skills In fine furniture making are passod on In the traditional manner from experienced maker to
apprenti￿ and preserved for future generations whon they might othcrwise be lost.
It is important to the Trust that accL%S to the educational opportunities offered are not restricted to those who can
afford to pay fees. As an adjuntt, Ihere are nurncrous trnining opportunitles available elsowhere in this country, but
they vlrtually all incur substantial fee5. Our intake criteria for appront1C￿ are based entirely upon tslent and potential
with no discriminatlon on Ihe grounds of race, colour, ethnicity, gcnder, sexual oriontstion or religion. The Trust Seeks
to extend its training opportunities by offering work experience placos to children from local schix>ls and colleges. It is
inevitsbl¢ that wrsons trained by Iho Trust will have enhanced earning5 capacity, obviously to their private benefit.
This however is unavoidable because of Ihe rarity of trainlng opportunibes which then results in relatively few persons
with high skill levels.
We compile a photographic datsbase to cOmp￿Ment our existing archive and this will ensure straight forward
identification of our furniture in the future.
The charity's main ob]octlves for the year wore to..
Provide facilities and t￿ining OPFQrtunities for those wSshing to develop thelr career in fine furnlture making.
Secure sufficient funding to help finance the cost ol apprenti￿ training.
Promote the worf( of the Trust to secure commissions and to attract talented 3pprentices.
The thèrity's stratcgies for achicving those objLttives were to..
Approach gtsnt making trusts and other fund providers with a vaow to securing financial support for the
Trust's èctivilies.
Encourage and highlighi charitable glving through legary Income.
sal￿ of fumiture.
Signlllcant attivities that contrlbuted to the achlevement of these objectives and provKSing publ￿ benefit were..
ApprentI￿ShIp schemo;
Fce paying tralning courv;
Work exporience,.
Educational publicity, tal￿, guided tour5, exhlbltlons and publications,.
Securing and fulfilling comrnissions which play a pivotal role in..
Providing Income.,
Enhancing the training of apprentice5 by keeping thc workshop's output relevant i.e., by providing
furniture that clients nettd and want;
Producing stlmulating and cxciting ￿￿IgnS, aiding promotion of the Trusts acbvities.
Page I

THE EDWARD BARNSLEY EDUCATIONAL TFiUST
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMEKf AND PERFORMANCE
Charitable activities
During tho year the Trust ernployed three apprentices, one craltsmen, a crafi'sman-tutorlfundraisor and a Designer
Manager. The Trust was assisted by three volunteers who helpcd with our Open Day events in the year.
During the year the Trust cmployed four apprenticos, I￿0 crattsmcn, a craftsman-tutorifundrai5e.r and a Designer
Manager. Wo also awardod a short intemship to Molody Jam£,t a West Dcan student. Thc Trust was èssistod by three
volunteors who helped with our Open Day events in the year.
The Trust has secufftd grants 01 £32,626 during Ihe year towards tho charity's overall objects of apprentice training.
Grant funding carne from Iho following.. Barbara Whatmore Trust, Carpenters Cornpany, Charlotie Bonham-carter Ct,
D'oyly Carte cr, Gordon Frasor Cf, Sue Powell (Olwen and Edwin Powell Award), Mikado Trust, The NL'wby Trust and
Radcliffe Tiust.
The trustees are of the oplnion that the Trust hès met its objectives in rtstEct of providing training during the past
year.
The Trust has for several years been working on a major bulldlng expansion prograrnme. 2024 saw the completion of
a new building exten5i0n which has addcd over 124m2 of additional working Spa￿. This new space mainly houscs our
woodworking machinery, and tho oxpansivo size facilitates a huge improvement in our working arL'a and efficiency.
We have also added a now extraction system to serve Ihe now machincry layout. Tho new building is a major event in
thc workshop's history, as the last tnajor building extcnsion was built when eloctrlcity arrived in Cock5hotr Lane in the
1950,5.
Throughout the year tho workshop hosted organiscd tour5. Wo wcre vlsited by grou￿ from Bedales School, Moulton
College, Midhurst U3A, The Building Craft Collcgc, Robinson House Schoo1, The Furniture Makers livery company,
West Dean Q>llege, Eton Collcgc, Thc Fumlture School and John Lloyd Furniture School.
The workshop d￿Igner James Ryan gave a talk to the Decorativo Arts Soaety In London
During the year we launched a now branding identity, BARNSLEY WORKSHOP, coupled with now logo and style. We
also invcstcd in ￿0 markoting attivities, website search optimi5ation and a sccial media programme.
We t(K>k part for the second time in the Treasure Houso Fair in Chel*a in lune. The fair was woll attended, and our
work was re￿iVed very woll,
We a150 held two of our popular Workshop Opcn Saturdays Sn April and November.
The Trust se& the promotion of it5 activltle5 to the publlc as an important part of its educational objcctNes. We scek
to achieve this by participabng In exhlbiUons, hostlng open days, tours, by using social media channels and tho Trust
website.
FINANCIAL REVIEW
Principal funding sources
In the year undor revwi incomlng reswrccs totallci F221,283.
The deficit on training and furniture rnaking activities before contributions from supporters and charitab10 loundatlons
amounted to £8,507. Grants for apprentico training totalled E32,626.
The charity's prinopal funding sources are Ihc pro￿￿d$ from salos of furniture rnade during the training of
apprentice5, together with donations from individuals and organisations.
Reserves policy
As at 31 De￿mber 2024, the level ol rcsor¢os available for the charitys use (1.0. in general funds and not represented
by fixed assetsl was £441,775. The trustoes considcr that the charity nceds to hold rcseNes in ordcr to miligate the
risks whith affoct its income st￿M5, in particular thc unpredictability of grant and Icgacy incomo and the long lead
timo for major commissions. Such fftserves will allow the charity to honour its one yoar commitment to its dppfftnti￿S
and to retain key staff during temporary fluctuations in income. The trustoos consider that the charity should airn to
achieve unfft5tricted general reserves equivalent to one year's expendltuie from unrestritted funds (approximately
£250,000 cashl in order to safoguard tho ongoing dolivcry of its objects.
Pago 2

THE EDWARD BARNSLEY Et>UCATIONAL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FUTURE PLANS
The Trust acknowledges the lack of training opportunities and the shortage o15killed craftsmen within t1￿ fine furniture
trade. To thSs end the Trusl Snlonds to conlinuo Ils initialive of ollering Iwo l-year foundation apprenticeships rather
than the traditional single place. This has proved successful, and the Trust intends to continue to offer two l-year
placements In 2025. Much wlll depend on the availability of granls, the annual cost to the Trust of equipping, training
and supporting a traincc are in ex￿SS of £25,000, which will nood lo bc mot.
Lt should be notod that tho intention is to offor the foUr￿atIOn apprentices Ihe optlon to extend their training for a
further year if sufficient grant income is gencrated.
The trust has r£feived notificat￿n of a legacy as a residual beneficrdry. Dependont upon the executors the Trust may
T￿4Ve ￿me funds during the 2025 accounting period.
With Lho new building now complete Lhe Trust is con%dering a programme of future plans to ensure the future
sustalnability of tho Trust activit1￿.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governrng document
Having re￿IVed professional advice the Truslees docldcd to set up a Charitable Incorwratcd Organisation (CIO),
registered numbor Iir42709. This tyro of charity offers certain advantages over the previous charitable structure. The
trustecs transferred all asscts and Iiabilitios of the Edward Barnsley Educational Trust, regi5tercd number 279514, to the
new CIO effective 1st lanuary 2020.
The Edward Barn￿0¥ Educational Trust is a registcred charity constituted as a Charitable Incorporated Oryanisation
undor a trust docd datcd 2019.
The charlty Is controlkQ by a trM)ard of trustLEs whose mornbors are olccted by the trustees for the time bang atting by
majority.
Recruitment and appointmont of n¢w trusteos
Now trustccs aro solocted on tho ba%is ol the contribution that they will make to tho governance of the organisatton and
the skills that thoy will contributo. They aro Provided with copic5 01 the Charity Commission's guidance to trusiEes and
given an introduction lo the activities ol the charty by thLi existing board. Existing trustres are Frovidcd with tra5ning as
and when required.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1182709
Prlncipal address
Barnsley Workshop
Cockshott Lane
Froxfield
Fotersfiold
Hampshire
GU32 IB
Page 3

THE EDWARD BARNSLEY EDUCATIONAL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBEFi 2024
Trustees
T Black
P Martin MA {RCAI FCSD
P Taoor
R Mcmahon BA, FCA Ire5igned 511112024}
W Jack50n (resigned 291512024)
M Cvotkovic Irosigned 511112024)
Treasurer
Paul Foulkes
Independent Examiner
Sarah Alexander FCCA FCA
Lewis Brownlee IChiche5terl ￿mIted
Chartered Accountants
Appledram Bams
Birdham Road
Chichester
West Sussex
P020 7EQ
Bankers
National We5ttrinster Bank PLC
4 Hlgh Street
Petersfield
Hampshire
GU32 3JF
CCLA InV￿trnent Management Llmlted
80 Cheapside
London
EC2V 6DZ
Approved by order of the board of trustees on .......
and signcd on Its bohalf by,.
T Black- Trustoe
Pagc 4

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
THE EDWARD BARNSLEY EDUCATIONAL TRUST
Independent examinor's report to the trustees of The Edward Barnsley Educational Trust
I report to the charity trustees on my examlnation of the accounts of The Edward Barnsley Educational Trust (the
Trust) for the year ended 31 De￿rnber 2024.
Responsibilities and basis of report
As the charity trustee5 01 the Trust you are responsible for the prepardtK)n of the accounts in accordan￿ with the
requirements of the Charities Art 20111 Ihe Act'l.
l ￿port in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying
out my examination I have followed all applicable Dlrections given by the Charity Commission under Section 14515llb)
of the Att.
Jndependent examiner's Statement
I have complcted rny examination. I confirm that no material mattors have come to my attention in connection with
the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Section 130 of the Art. or
the accounts do not accord with those records,. or
the accounts do not comply with tho applicable requirornents Con￿rning the form and content of accounts Set
out in the Charitios (Accounts and Reports) Rogulationg 2008 other than any requirement that the accounts
give a true and fair v￿W which is not a maiter considercd as part of an independont examination.
I have no cOn￿rn$ and have come across no other rnattors In connection with the examination to which attention
shouW be drawn in thls ￿port in order to enable a proper understanding of the accounts to be reached.
Sarnh Alexander FCCA FCA
Lewis Brownlee (Chichester) knmited
Chartered Accounlants
Appledram Barns
Birdham Road
Chlchester
W￿t Sussex
P020 7EQ
Date,,
24 July 2024
Page 5

THE EDWARD BARNSLEY EDUCATIONAL TRusr
STATEMENT OF FINANCIAL AcrIvrrIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
funds
2023
Total
fund5
Unre5trirted
funds
Restrirted
funds
Notes
INCOME AND ENt)OWMEMfs FROM
Donations and Icgacies
76,412
76,412
104,136
Other tradln9 actI￿tE5
Investtnent income
143,941
930
143,941
930
194,495
6,513
Total
221,283
221,283
305,144
EXPENDrruRE ON
Raising funds
152,448
152.448
139,391
Charitable activiknes
Raising donations and Icgaci
other resou￿$ expended
4,619
113,857
4,619
113,857
4,041
118,815
Total
270,924
270,924
262,247
Net gains on investments
17,598
17,598
17,349
NET INCOMEI(EXPENDrruRE)
Transfers between funds
{3I043)
893,235
{32.043)
60,246
14
{893,235)
Net movement in funds
861,192
(893,235)
(32,043)
60,246
RECONCILIATION OF FUNDS
Total funds brought forward
460,221
893,235
1,353,456
1,293,210
TOTAL FUNDS CARRIED FORWARD
1,321,413
1,321,413
1,353,456
The notes form part of these financial staiemcnts
Page 6

THE EDWARD BARNSLEY EDUCATIONAL TRusr
BALANCE SHEET
31 DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestrirted
funds
Restrirted
funds
Notes
FIXED ASSETS
Tanglble assets
Investments
879,638
300,670
879,638
300,670
853,954
303,072
io
1,180,308
1,180,308
1,157,026
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
li
12
127,859
49,999
34,056
127,859
49,999
34,056
161,677
35,022
64,418
211,914
211,914
261,117
CREDITORS
ounls falling due within one ye3r
13
{70,809)
(70,809)
164,687)
NET CURRENT ASSETS
141,105
141,105
196,430
TOTAL ASSETS LESS CURRENT LIABILrrIES
1,321N13
1,321,413
1,353,456
NET ASSETS
1,321,413
1,321,413
1,353,456
FUNDS
Unrestricted funds
Restricted funds
14
1,321,413
460,221
893,235
TOTAL FUNDS
1,321,413
1,353,456
The financlal statemcnls were approved by the Board of Trustees and avthorlsed for issue
and were signed on its behalf by..
on
T Black- Trustee
The notes form part of these financlal statements
Page 7

THE EDWARD BARNSLEY EDUCATIONAL TRusr
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICXES
Basi5 of preparing the financial ststom¢nts
The financial statomcnts of Ihe charity, which is a public benefit entty under FRS 102, have ben prepared i
accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statoment of
Recommended Practice applicable to charitie5 preparing their accounts In accordance with the ￿rnanCIal
Reporting Standard applicable in tho UK and Republic of Ireland IFRS 1021 (effective l January 20191,,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and thc Charities Act 2011. The financial statements have been prcpared under the historical cost
convention, with the exception of investments which are includod at market value, as modlfled by the
revaluation of certain assets.
Finantlal reportlny standard 102- reduced disclosure exemptions
ThL charity has taken advantsge of the lollowing disclosure cxcmption In preparing these finantial staternents,
as pertnitted by FRS 102'The Financial Repo￿ng Standard applICab￿ in the UK and Republic of Ireland.:
the requirements of Section 7 Staicment of Cash Flows.
Incomo
All income is ￿cognIsed in the Ststement of Financial Activitios once the charity has entitlement to the funds,
it is probab￿ that the income will be receivcd and tho amount can be measured reliably.
Expenditu
Llabilitios are recffjnised as expenditure as 500n as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benelits wi11 be required in settlement
and thc amount of the obligatlon can be measured reliably. Expenditure is accountcd for on an accwals basis
and has been cla￿lfied under heading5 that aggregate all cost relatcd to Ihc category. Where costs cannot be
direcyy attributed to particular headings they have bcon allocatod to activities on a basis COn5iStent with the
use of reSoUr￿s.
Governance costs
Governan￿ costs comprise the costs associated with tho governan￿ arrangisments of the of the Charity arKJ
include indcpcndcnt examiners lees, legal advice lif any) for trustees, cost5 85sociated wilh the constitutional
and statutory requirements and any costs associated with the strat{￿IC as opposed to the day to day
mènègement of the Charily's a￿et5.
Tangible fixed assets
Depreciation is proVId￿ at the following annual rates in order to write olf each ès5Ct over its ￿￿"Mated useful
Plant and machinery
Computer cquipment
15Yo on cost
25Yo on cust
All flxed assets costing more than £500 are capitalised.
No depreciatlon is pro￿￿ed on freehold land or on buildings, benches and tix)Is as the trustccs consider that
the exceptionally long life of these assets renders any depreciation charge or accumulated depreclation
irnmaterial. The trustees review any non-depreciatcd a%ets lor impairmont on a regular basis.
Stocks
Stocks and work in pr(￿resS are valued at the lower of cost and nct rcalisable valuo, after maklng due
allowantr for Ob￿lete and slow moving items.
Cost indudes all dirctt expendlture and an approprlate proportion of fixed and variable overheads.
Taxation
The tharity is exempt from tax on its charitablo activities.
Fund actounting
Unrestricted fund5 can be used in accordan￿ with the charitable objccives at tho dlscretion of the trustees.
Page 8
continued...

THE EDWARD BARNSLEY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL sfATEMENTS- contlnued
FOR THE YEAR ENDEO 31 DECEMBER 2024
ACCOUNTING POLICIES- continued
Fund attounting
Restricied funds can only be used for parbcular restrittd purposes within the objects of the charity.
Restrictions arise when specified by the (k)nor or when funds are ralsed for particular restrltted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financlal statements.
Pension costs and other post-retirement benofits
The charity operates a defined contribution p¢n5ion scheme. Contributions payable to the charty's Fension
stheme are charged to the Statement of Financial Attivities in the pertod to which they relate.
Investments
Invostments are stated at their fair value at the balan￿ sheet dale. The Statement of Financial Activities
Includes the net gains and losses arising on revaluations and disposals of investment assets throughout the
period.
DONATIONS AND LEGACIES
2024
2023
DonatKJns
Legaci
Grants
43.786
36,+H
46,192
21,500
32,626
76,412
104,136
Grants re￿IVed, Included in the above, are a5 follows..
2024
2023
Other grants
32,626
21,500
OTHER TRADING Acriv￿lEs
2024
2023
S41es ol furnlture
143,941
194,495
INVESTMENT INCOME
2024
2023
Deposit account Interest
930
6,513
Page 9
continued...

THE EDWAAD BARNSLEY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
RAISING FUNDS
other trading artivities
2024
2023
Jrchases
staff costs
13,815
138,633
12,834
126,557
152,448
139,391
SUPPORT COSTS
Governanco
costs
Management
Finance
Totals
Raising donations and legacies
Other resources expended
4,619
4,619
113,857
111204
1,653
112,204
1,653
4,619
118,476
TRusfEES' REMUNERATION AND BENEFrrs
There were no trustees. remuneration or othcr I￿nefits for the year ended 31 December 2024 nor for the year
ended 31 Decembor 2023.
Tru5tees' expense5
2024
2023
Trustees, ex￿nSeS
136
51
srAFF cosrs
2024
2023
Wages and salaries
Social sccurity costs
Other pen51on costs
128,823
5,579
4,231
117,679
4,811
4,067
138,633
126,557
The average monlhly number of employ￿ during the year wa5 as follow5..
2024
2023
Workshop
No ernployees received ernolurnents in exco5s of £60,000.
Page 10
conlinued...

THE EDWARD BARNSLEY EDUCATIONAL TRUST
NOTES TO THE FJNANCJAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
TANGIBLE FIXED ASSETS
Fixtures
and
rittings
Freohold
property
Plant and
machinery
CompLrter
equipment
Totsls
COST
At l January 2024
Acldilons
813,814
28,166
139,123
975
16,763
18,222
1.605
987,922
30,746
At 31 tthmber 2024
841,980
140,098
16,763
19,827
1,018,668
DEPRECIATION
At l January 2024
Charge for year
118.375
3,418
15,593
1,644
133,968
5,062
At 31 December 2024
121,793
17,237
139.030
NET BOOK VALUE
At 31 December 2024
841,980
18,305
16,763
2,590
879,638
At 31 Detrmber 2023
813,814
20,748
16,763
2,629
853,954
io.
FIXED ASSET INVESTMENTS
Llstod
investments
MARKET VALUE
At l January 2024
Disposals
Revalualions
303,072
(20,000)
17,598
At 31 Decernber 2024
300,670
NEf BOOK VALUE
At 31 December 2024
300,670
At 31 December 2023
303,072
There were no investment assets outside the UK.
Cost or Valua￿on at 31 DeCem￿r 2024 Is represented by..
Listod
investments
Valuauon in 2024
300,670
Page 11
continued...

THE EDWARD BARNSLEY EDUCATIONAL TRU
NOTES TO THE FINANCIAL STATEMENTS- continued
FOEiTHE YEAR ENDED 31 DECEMBER 2024
ii.
srocKS
2024
2023
rimber
work-in-prog￿SS
Finished goods
22,477
13,445
91,937
25,377
37,171
99,129
127,859
161,677
12.
DEBTORS: AMOUNTS FALLING DUE WThHIN ONE YEAR
2024
2023
Trade debto
oth£'r debtors
Tax recoverabk
VAT
4,457
32,607
8,098
4,837
16,167
565
5,313
12,977
49,999
35,022
13.
CREt)ITORS: AMOUNTS FALLING DUE WThHIN ONE YEAR
2024
2023
Trade fftditors
Social security and other tsxes
other croditors
Accruals and deferred income
47,945
3,413
3,132
16,319
45,507
2,386
4,469
12,325
70,809
64,687
14.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
fLEnds
At
31112124
At 111124
Unrestrirteil funds
Gonoral fund
Fixed as*t fund
Building and development fund
Workshop fund
140,276
119,945
loo,000
loo,000
(26,981)
{5,062}
128,480
764.755
241,775
879,638
loo,000
loo,000
460,221
(32,043)
893.235
1,321,413
Restrirted funds
Building and development fund
Memorial fund
159,227
734,008
(159,227)
(734,008)
893,235
(893,235)
TOTAL FUNDS
1,353,456
(32,043)
1,321,413
PBge 12
continuod...

THE EDWARD BARNSLEY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDEO 31 DECEMBER 2024
14.
MOVEMENT IN FUNDS- continued
Net movement in funds, included In the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Fixed asset fund
221,283
(265,862)
(5,062)
17,598
(26,981)
(5.062)
221,283
(270,924)
17,598
(32,043)
TOTAL FUNDS
221,283
(270,924)
17,598
(32,043)
Comparatlves for movement in funds
Not
m()vement
in funds
Transfers
betwoen
funds
At
31112123
Atlll123
Unrestrirted funds
General fund
Fixed a￿et fund
Building and development fund
Workshop fund
352,616
100,454
loo,000
loo,000
62,562
12,316)
(274,9021
21,807
140,276
119,945
loo,000
100,DOO
653,070
60,246
(253,0951
460,221
Restricted funds
Building and dovolopment fund
Mernorial fund
159,227
480,913
159,227
734,OD8
253,095
640,140
253,095
893,235
TOTAL FUNDS
1,293,210
60,246
1,353,456
Comparative net movetment in funds, Sncluded in the above are as follows..
Incoming
resources
Kesources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Fixed asset fund
305,144
(259,931)
12,3161
17,349
62,562
(2,3161
305,144
1262,247)
17,349
60,246
TOTAL FUNr>S
305,144
1262,247)
17,349
60,246
Page 13
continued...

THE EDWARD BARNSLEY EDUCATXONAL TRusr
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
between
funds
At
31112124
At 111123
Unrestricteij funds
(knoral fund
Fixed asset fund
Building and developrnent fund
Workshop fund
352,616
100,454
100,DOO
100,DOO
35,581
{7,3781
1146,4221
786,562
241.775
879,638
100,000
loo,000
653,070
28,203
640,140
1,321,413
Restricted funds
Building and development fund
Memorial fund
159,227
480,913
1159,2271
1480,9131
640,140
1640,1401
TOTAL FUNDS
1,293,210
28,203
1,321,413
A current year 12 months and prK)r year 12 months combined net movement in funds, includcd in the above
are a5 follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
n funds
Unrestricted funds
neral fund
Fixed asset fund
526,427
1525,793 }
{7,3781
34,947
35,581
17,3781
526,427
1533,1711
34,947
28,203
TOTAL FUNDS
526,427
1533,171 }
34,947
28,203
Restricted funds
Memorial fund - funds raised Specifical￿ for the purchase and renovation of the Edward Barnsley workshop
and cottago.
Building and Developrnent fund - funds ralscd specifically for the sLrond phase of the project.
Deslgnated funds
Fixed asset fund- repre*nts the net book value of fixod assets othor that those held in rcstrittod funds.
Building and tkvelopment fund - fund set aside by trustees to finance the socond phase of the project.
Workshop fund - funds set aside by the trustecs to flnan￿ workshop improvemcnt5 and equipment whlch may
be acquired.
Transfers between funds
The tTrnsfer from the general fund tr) the fix£é asset fund rep￿SeNtS tapitsliscd assets purchased in the year.
The transfers from the rnetnoria5 fund and development fund to the general fund was made as a result ol the
project being finished and all funds being spent.
Page 14
continued...

TNE EDWARD BARNSLEY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
15.
RELATED PARTY DISCLOSURES
There We￿ no related party transactions for the year ended 31 December 2024.
Page 15