REGisfERED CHARrrY NUMBER: 1182709 REPORT OFTHE TRusfEES Al*X) FINANCIAL sfATEMEwrs FOR THE YEAR ENDED 31 DECEMBER 2025 FOR THE EDWARD BARNSLEY EDLfATIONAL TRusr
THE EDWARD BARNSLEY EDUCATIONAL TRUST CONTENTS OF THE FINANaAL sfATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2025 Page Report ofthe Tnrtees Endependert ExaMir.$ Report statement of Financial Artivities 1 tr 4 Balaft Sheet Cash How ststent Nots5 to tl* Cash Flow Statement Notss to the Finanaal Statements 10 to 17
THE EDWARD BARNSLEY EDUCATIONAL TRusr REPORT OF THE TRUSTEE5 FOR THE YEAR ENDED 31 DECEMBER 2025 The twees pnt tlkir reiort wth the finarlat Statents ofthe charity for year er 31 Decemter 2025. The truste& have adopted ttrt provisons of Accounb"ng and Rewrting by Chanb"es: Ststemert of Recommended thctice applicable to thare5 preparing their acco in accordance wfch the finaral Reporting Stsndard applicable in the UK and Rèpublt of Ireland [ 102) leffeLtive I january 20191. OBJEcnvES AND AcfIvTtIES Obiecttves and aims The a)aritys objects are: To assist persoJ% who are in need of financial asta[ anij who are preparing for, entering upon or engaged in the oBft of handmade fumiture making by prowding them with t(x>ls. outfits or by paying travelling or maintenantr expen or by sh other mearLS for thtyr adVanCent in life to enable than to earn thèir Irving s the trL&ees * fft,. To preSve and maintain forthe putAic beneftthe Edward &irney Archive; In otherwise prcmoting the education training of sud) persons. The Edward BarneY &lucatioiial Trust achleves ts charitible objth by training apprenti fine furni)Jre rake and providing the means for them to irnpmve their sloll& The whop Cottage is the headquartets of the Trust housing the administrat(on, archive showroom. In planning our actiwties for the year we kept in mind the Ch)rty Q)rnmis5ion's guidan on public benef. We enxtre that the sknlls in fine furniture making are passed on in the bèlib.onal rnannw fffxn experienced mak¥ tr) apprenti ènd preserved for future generations when they might nN1 be lost. It Is impnt to the Trust that access to the educational oppDrbJnrtts offered are )t restrrcted to those who on afford to pay fe. As an adjunct, there are numerous trainiThJ opIrtnItIeS avaiLible elsewhÈre in this country, but they virtvally all incur substantial fees. Our intske Criteria for appntice5 are based enti¥eJy upon tslent and potential no discrimination on the gndS of ra¢e, colour, ethrioty, gender, sexual letiOn or rèligion. The Trlst seeks to extend S training opportunities by offering work exwrientr platrs to childien from Iivl schools and colleg&. It is inevitable that per$ trairtd by the Trust will h3ve eInCed earni5 capaoty, obw"oUY to their [vate benefft. This however is unavciidable beCae of the rdrity of thining opwrujneS whth then r&ults in relatwdy few persons vthth high sloll levds. We cOMle a phoWraphic datsba5e kn Complement our eKiSting archive and this will engjre &Trigt torward identiftation of our furntture in future. The d)ariVs trdtegies for athiewng the* ob)"&tives werè to.. Appr(kch grant making trusts anrl othw fund provide with a view to 5ecuritLg financial supp(rt for Trust5 athvities. Secure wffiaent fvndlng to 1p finance thè cost of appr@n.tte tri[Thj. Sales of furnltt¥e. Signrficant acbvlcEs that C(ribud to the achievement of these objethves and provKliThJ publr tenefft were.. (Xjr Apprerticeship stheme,. Pr Worf( expÈrientr,' Secure educational publicty, tslkg, guidecl tours, exhibitK)ns and publtsth)ns; Edu(2tional publioty, talks, guid tours, exhitionS arml plIcatns. Securing and fulfilling commissors whith play a piv(kal role in: Promding income. Enhanung the training of apprentiS by kping the wrtlK)p's output relevart i.e., by prowdlng furnure that dients need and want. Producing stimulatiry and excng d¥igns, alrjing 0MotiOn of the Trusvs athwties. Page I
THE EDWARD BARNSLEY EDUCATIONAL TRusr REPORT OF ThE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2025 ACHIEVEMEKfs AND PERFORMANCE Charitable aciivitses During the year the Tru# employed 6 apprenti, one uaftgman, a 03ftsmèn-tutor/fundraiser, Off and fvndiai>ng administs8tor and a Deggner Manager. We award& a thort int[p to a We Dean student. Tr Tru was asslsted by three volunteers who hdped with our Open Day events in the year. The Trust has grèrts of £22,791 dunng the year toardS the chariws overall objs of apprentice trdining. Grant funding ome from the follo¥Mng: Barbara WhatMO Trlrt carpente Company, 9Je Powell (Ohven and Edwmn Powdl Award), Mika&) Tru The f)yTrUl and R&Jdiffe Trust. The trustees are of the opinK)n that the has met its obieLtves in respett of woviding training during the pa year. The Trust has for several years teen worlong on a Enajor Luilding eXpa1)n prarnMe. 2024 the completion of our new machine sfrKJp exten&on and the new SP and y(rt given us a much4mprova1 M)rlo"rKJ spaw. ThrohOUt ttrE year the Worh(>P htssted orgènid tou. We were vi%ted ty groups frorn.. Farnham Furniture Scho)I, Rycotewood Furniture Centre, Tr Furniture SCIL) and John Ltyd Fumrture hrK)l. The workthop deygner Jame5 Ryan gave a talk at the SchcDI in Devon. James also judged the Natiorol New FurnIturemaS exhibitson in the crf(y of London. We twk part in 'FEPSW a rare 0k fair in LoThlon and ethibrted our w)rL We also partupated for the third time in the 'Treasure House Fair. in thelsea in June. The fair was well atteed, and our work was rerrived very well, contribL5ting sgnifKanVy to our salès IMpelbnÈ. We alg) hebj thr of our >pular WorksfKJP Open days in March and Crtober. The TrL%t Se the promDtion of its artive$ to the public as 6n imwrtant part of ts educational obiettives. We seek to achieve this by participating in exhd)tK)ng, hosting open days, tours, by ugng la1 meth'a channels arKJ the Trust webse. Our soaal media profile in particular has grown over the yr with SIne reels attracting Dver 35,000 views. FINANCIAL REVIEW PripaI fundiNJ Sou$ In the year under review incoming regwrTrs totslled £564,310, this indudes legacy iKome of £300,000. The defmit traini and furnTture makng att4Vites before ContribUtnS from suptK)rters and d)aritable fcwndaiKns amourtal to £30,521. fyants frjr apprentlce trhinlng totalled £22,791. The chartys pripaI futKling s)ur&s are the prLKeeds frLKll sa5 of furnfcure made during the b3ining of aÈVrenti£, together with donations from individuals and Organitr.0. Reserves polic at 31 December 2025, the levd of resewves available for the charty's use li.e. in gÈrÈol funds and n(t represented by fixed asqets) £696,695. The trustees con&der t the charity r*eds to hold resèNes to mitigate the risks which affert ts inccme streams, in partKular unpredittabilty of grant and gaCY incorrt and the bng lead tirne for major CLYnrri5sions. Such reserve5 will albw the charity to honour its one-year commitment to its apprentices and to ain key skff during temporary flWtuati0 in income. The trust consKler that tlE charity 5houltt aim to achieve unrestricted general SerVeS equwalent to one yearfs expendituie frorn uni&rt(téd funds lapproxitn3tÉly {M),000 (zshl to safeguayd the orwing ¢)f tts (knjett Page 2
THE EDWARD BARNSLEY EDUCATIONAL TRUSr REPORT OF THE TRuEEs FOR THE YEAR ENDED 31 DEMBER 2025 FITfuRE PLANS The Trua acknowledges the l of trainirKJ opport¢mÉEs and tt)e shortsge of l(illed craftsmen thin the fine furniture trade. To thrs end the Tru intends to ntinue its initiative of offeriffj two i-year foutKlation appntIShipS rather than the traditi0Th31 ngle platr. This has proved SJC5I, and the Trust intends to continue to offer two l-year placemet7ts in 2026. will depend on the availability of grants, the annual co to tPE Tnjst of equlpping, training and Suprng a trainee are more than £25,000, which will Jed to be met. It strwld be noted that the intention is to offer ttrE foundation appntiCe$ option to e<tsThJ their trainiw for further year if suffioent grant Income is geTrted. The tru has reNed an lrterlm distribubon wthin the acYx)unts"ng P&llLyJ of a legacy where the tru is as a residual benefioary. The Trust has raved £300,0(K) to date and also expats to 1ve a further distribution of funds during the 2026 èca)unting Fericd. At the date of the report, the rernairmng balan on trE legw cannot be reliably esbmat8J and therefore no further provision has been made in these Kcounts. with the new bwlding mw compl&e the Trust is a twrammè of future tAans to ensure the fLrture sJstain3bility of the Tru artlvitses. STRucfuR4 GOVERNANCE AND MANAGEMEKr GoverniThJ document The Edward ForneY Eduotional TrL& Is a r8Jistered eIrty cottrd as a Charf(able lJKorwrèted (Trganition under a trust deed dated 2019 and transferred all assets and lobilities of the prwious unincDrp)rakd charty ltharty nUMr 279514) on 1st January 2020. The chaiity is cOntrold by a of trustees thse members are elettl by the trustees for the time LElng atting by majortty. RecruitFnent and appointmert of new trustses New trustees are lected on the basis of the cortributy.on that they will make to the governan of the org74)lsation and the thlls that they wli I contribute. They are prOded with copies of the Charity Commi5sons gLIdan to trusteés and given an intrCxlt10n to the activitie5 of the charity by the wsting board. Existing trustee5 are provided training as and when requlred. REFERENCE AND ADMINISTRATE DETAILS Re9iStered Charfty number 1182709 PriTKipal add Barnsley Workshop kshOtt Lane Froxfield Petersfie Hampshire GU32 188 T Black P Martin MA (RCA) FD P TaWor Ms L Pearcy {apinted 2512026) R Walton lapwirted 191212025) Treasurer Paul Foulkes Page 3
THE EEkWARD BARP4SLEK EDUCAllOrtAL TR45 TrP0F1r OF IXE YftU¥IEES FCR 7frfE YEAR EISDFJJ 31 gECf.I¢F.En 2025 ) P.ie&iid&r FCC4 FCQ. Iwis Ffrowrilee (Chi- .hè&erl Umited Chaitered AccDUI1tL7 ts Aptsedftm. SarDs Birdhaffl Road cnichestl P02CI FQ Ba7kers tIDTrLal Iliestrnlnscer bail k PLC f_Llj tr 3JF P51tte Londo APFfovèI b¥. otar )ftlp knard of cp. ............. a$7J $giie4 ori ts f*F.'d',; 61èc&- I ru1
INDEPEND EXAMINER'S REPORTTO THE TRUStEES OF THE EDWARD BARslEy EDUCATIONAL TRUST IndeporKlent exan¥neVs reptyt to the trustees of The Edward Barnsley Edutational Th I rewrt to the charity trus on my examatIon of the accounts of The Edward Bamsfey Edutstional Trust (the Trust) frthe year ended 31 Dernber 2025. Responsibiliti&s and basis of report As the thrty trustees of the Trust y(NJ are responsile for the ppath"On of the accounts in accordawe with the requirements of the Charities Att 2011 (& ACV). I reFDrt in of my examinat of the Trusts a(rourts Carrd out Und Settion 145 of the Att and in carrying tsLrt my exanwnaion I have follow& all appliCae DirertK)ns given by the Charty C(xnmlwin undw Sethon 145(51(b) of the Att. Independert exaMIn'S s&tsment Since your chartys gross incorne exeded £250,000 your e%aminer must be a member of a liqt& tocty. I can confirm that l am quallfjed to uryJertake the examinaty" bause l am a member of the Institute of Chartered Aca)untsnts in England and Wale5, which & one of the Il#ed t£M1tS. I have crneted my exaMInafi. I confimi that no rnaterial matter5 have come to my attention in connection wth tre examinatiDn giving me ouse to bdieve that in any material respett: ccounting records were t kept in resp2tt of the Trust as required by Seth"on 130 of the A¢. or the aOUnts do taLOrd with those records. or the amunts do not coMY with the applicable requirJnents cOnrNIng the ftrm and content of accounts Set out in the Chanties (Acrounts and Reports) Regulation$ 2008 other than any r4uirement that the accounts give a true and fair view which is not a matter considered as part of an indepei¥Jent exanynation. I have rK) cOnrS and Ipve come across rJo other matter5 in nCtiOn with the examlnation to whkh atte0 should be clrawn In this r4X)rt in order to en8e a proper understrdndirvJ of the accourts to be re. Saiah exander CCA FCA Lewis Brownlee (Thir) Llmited Chart¥ed AccDuntants Appledram Bar Birdhatn Road Chichester West Sussex P020 7EQ Date: .... Page 5
THE EDWARD BARNSLEY EDUCATIONAL TRU STATEMEwf OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Restricted fund5 funds 2025 Total funds 2024 Totat fLEnds INCOME AND ENDOWMEKfs FROM Oorotions adIac125 Other trading activities Inve>ment income 388,462 388A62 76,412 174,862 986 174,862 986 143,941 930 Totsl 564.310 564 310 EXPENDrruRE ON Raisiro fvnds 205,383 205,383 152,448 Charitsble activities Raisiry donatK)ns and legaaes Other rexjutces e<peTh*d 133 892 4,619 113 857 133 892 Total 339 275 339 275 270 924 Net galns on invethents NEf INCCMEI(EXPENDrruRE) 251568 251568 (32,043) RECONCILTATION OF FUNDS Totsl furKJ5 brougt forward 1,321rt13 1,321,413 1,353,456 TOTAL FUNDS CARRIED F(XiWARD 1 $73 981 1 573 981 1321413 The ncÈes fortn part of these financlal statements Page 6
TNE EDWARD BIR14SLV< EDUCAfioNAL'lfiiJI IIALAPèCE SHE.. 31 DEC.EIfjEL"k 025 2t125 LSftr£$tsTred R&%tricteé fund uitd F£XED A5SEr Tan9ible Irr'Jestrnents Notes BY7.786 38f5 203 877.286 ?B8.2Q3 S74 J.,2ty5,1189 ¥26S,48 CURRENT ASSE. S5S Debro C6sh at bènl and in hand 12 13 12b-,478 ?7,756 227,25& EO.209 JlJ,99 j 412,9<13 4x2.943 CRE)YFORS . J i&lili ig £te 4y!yii {ILTr4,651) j1174,451} O&A9 92 TOYAL ASSEIS LtSS cutiREwf LTAEIknTEe 1,$73,9è1 t4rr Jsfrs ,S73 gSI FLFliJS JS ,S73,981 TOTAL RIFIDS f)nan:i21 strtfrnonts .%'eTr apprtsved by Me of TrL,-Ynts- ad,.erE &gfic4 on b&n31-; 0;;: T 8la-k- I rate P3C
THE EDWARD 8ARNSLEY EDUCATIONAL TRUST CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 Notes 2025 2024 Cash flows from operating activities Cash genated from owatims Net cash provided by/(usal inl OFr activths Cash flows from investing a¢tivities Purchase of tsngible fixed asts Purchase of fixed ast Investments Sale of fixed asset inve*nEnts Tnterest rLrdved (3,086) {iio,000) 50,000 986 130,746) Note 11 20,000 930 Net cash used In Investing activrci 6ZIOO Change in cJ5h and 13sh equlvalents in the rep(Mting period Cash and cash equivalents at the beginning of the reportirwj period Cash and cash equivalents at the end of the reportirwJ period 26,153 130,362) The notes form part of these finarrial thtemerts Pa9e 8
THE EDWARD BARNSLEY EDUCATIONAL TRusr NOTES TO THE CASN FLOW STATEMEP FOR THE YEAR ENDED 31 DECEMBER 202S RECONCIUATION OF NET INCOMEI(EXPENDrnIRE) TO CASH FLOW FROM OPERATING ACTivrriES 2025 2024 Net irthmel(ex4)enditure) for the reporting perfod (a5 per the Staternent of Finanoal Activities) AdjLStments for: Depreo3b"on charges Gain on inve5trnents L¢>ss on dlsposal of ftxed assets Interest received Decrease in stocks Increase in ttebtors Increase tredito 252,568 (32,043) 5,088 (27,533) 350 (986) 1381 (177,257) 33.642 5,062 117,5981 1930) 33,818 {14,977) 6,122 Note 13 Net cash provided byl(used in) operatlons ANALYSIS OF CHANGES IN FUNDS At 111125 Cash flow At 31112125 Net cash Cash at baw& and in hano 34,056 26,153 60,209 Total The rKrtes form part of tt)esè fin3tKial statements Page 9
THE EDWARD BARNSLEY EDUCAnONAL TRusr NOTES TO THE FINANaAL STATEMENTS FOR THE YEaR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Basi5 of preparing the finanaal statnents The finaroal statements of the charty, wh'ch is a pU1C benefit entliy under FRS 102, have been prewred in accordance wth the Charities SORP IFRS 102) 'Accounting and Reting by Charities". atement of RÈxommended Prattl applicable to ctrwres preparirKJ their accounts in ordanTr wf(h the Tr'narrial Rery)rting StsThJard apable in the UK and Republic of Ireland (FRS 1021 {effethve i January 2019),, finarrial Rewrbng Stsndard 102 The financial Rworting Standard applicatAe in the UK and RepublK of Ireland, and the Charib"es Att 2011. The fjnancial statements have bn Fyepared undw the historical cost convenbon, wtth the exceptlon of ijwesknents which are irKluded at market val, as modÈfied by the rewdluatknn of certsin asse The fjnandal 51aknents are prepared in ding, which 15 the functional CUncY of the charity. Monetsry arnounts in these fina13[ statements are rounded tts the nearest p)und. All income is recognised in the Ststement of Fironcial Actimties On tlE charity has entitlentr to the funds, rt is pble that the income will be reWe and the amount can be m&surth relyabty. La¢Y income 15 rniSed in the Stattynent of linanaal Actwitieg when the charity ha5 enemen( rc is probable that the incon wll be retrived, and the OUnt can be meagttr&t reliabiy. ExpeThliture Liabilities are recognised as expenditure as as tre is a legal or construttlve obligatio>n CcMnNtkn the drty to that expendycure, t is probable that a transf of ecommic benèfits will be required in settlement and the amunt of the obligati(n be tneasured relEbty. EKpenditute is affount& for on an accruals basis and has been das&fied under headings that aggreg all cost reLata1 to the catsgw. Where costs canmt be direttly attriLyJted to particular headings they have been allcthed to a(tivities on a ba&s consstent with the use of rwurces. Governan costs Govemarte costs comprise the assoaated wth the govemarKe arraNJements of the of the Charity 3nd indude independent mInerS fees, legal advi lif any) for truste4 costs awaated with the constitutioTrnal and atutory r4uirements av¥J any costs 8Ciated with tk sthtegic as opposed to the day to day management of the Chartvs assets. ranyible fixed assets Depreoation is provid at the fglbwing annual rat li er to write off each a55& over esttmat& useful life. Plart and mathinery Computer equirment 15¥0 on co# 25% on co All fixed assets costing [re than £500 are ¢aptslised. deplation is proed on freehold land or on building% benches and trx>ls as thé trv5tees consider that the eXptionaIty bng life of the assets any depreciation charge or accuwulated deprea3tion irnmaterial. The trustees review any n(-depreaated ass&5 for impaiment on a regular basi5. Stocks and work in progress are walued at the lower of co# and net realisable value, after nk1 due allowance ft)r obsolete and ring erS Co indudes all dIrt exndiJre and an appropriatr ption of frxed and Vaalle overh&ds. Taxion The tharty is exempt ftDm tax chartabje actNiti&%. Fund accounts'ng UnrestriLt&l funds can be used in attordance the chatltable objective5 at the dimth)n of the trustees. Page 10 ctinUed...
THE EDWARD BARNSLEY EDUCATIONAL TRU NufES TO THE FINANCIAL ATEmENTs - continued FOR TrIE YEAR E14DED 31 DECEMBER 2025 ACCOUNTING POUCIE5- continued Fund accounting Rerirted fvnds can only te used for partrcular re5tritted purp[6 Wthin the objets of the charty. Restrttions arise when specified bythe dfxh)r or when fund% are raised lor parbolar resrritted purpDses. Further explanatk)n cf the nature and pUrple of each wnd is Inded in the rK)tes to the flnarrial statement> Pension ¢05ts and other pt-ret1rernert befits The charity ¢yerntes a defined contiibutun Fen5ion scheme. Contributions payable to the charitys nsIOn scheme are tharged to the Siatement of Fironcial Atttvities in pd tts whth they relate. Investments Investmerts are strt at their falr wolLE at th@ balan sheet date. The Statement of Financial Activits"es irKludes the net gairs ènd losses arisiro on revaluations aTrJ disposats of inve5fftnt assets throughout the period. narKial instruments The Charity only has finantial as and financial liabilities of a kind that qualty as basc fironaal instruments. Basic finarual in5trurllents are recognIs at amorbsed cort Ugng the effectNe Interest Meth unles% the effect of diOUnt1ng woukj be immaterial, in thich ca they are ststed at cosL The cfority has adntrd finanaal instruments. DONATIONS AND LEGACIES 2025 2024 Lknnalj'or Legaci Grants 65,671 300,000 43,786 32.626 388 462 Grants rld, induded in the aVe, arè as follows.. 2025 2024 Other gTrnts OTrIER TRADING AcrivmES 2025 2024 Sales of fiJmiture 174 Page 11 continued...
THE EDWARD BARNSLEY EDUCATIONAL TRU NOTES TO THE FINANCW STATEMENTS- Continued FOR THE YEAR ENDED 31 DECEMBER 2025 INVEsfMEMf INCOME 2025 2024 Dep)5 account intest 986 930 RAISING FUNDS Other trading activities 2025 2024 Purchases Stsff costs 13.060 192,323 13,815 138,633 205 383 CHARrrABLE ACTIvrtIES cosrs Supwjrt costs (see nrte 7) Other res)urc&q expended 133 892 SUPPORT COSTS Governar Managent Flnance Totals Other rtr)Ur e(p¢e 133 892 TRusfEES' REMUNERATION AND BENEFThS There were no trust*g reJnuneration or other beneffts for the wr ended 31 Detr 2025 nor for the year ended 31 December 2024. 2025 2024 Trustees, expenses 158 136 STAFF cosrs 2025 2024 Wage5 and laries Sw'al Srity cvsts other nSn fflsts 180,935 6,411 128,823 5,579 19 The av&age monthly number of )pIee5 during the year was as folknws.. Workknp 2025 2024 No plOyeeS retyved anoluments in excess of £60,000. Page 12 continued...
THE EDWARD BARNSLEY EDUCATIONAL TRU NOTES TO THE FINANCIAL STATEMENTS- continid FOR THE YEAR ENDED 31 DEMBER 2025 10. TANGIBLE FIXED ASSErs Fixtures and Computer fittings eqiupment Freehold property PIant mathinery Totsls cosr At l January 2025 Addityor DigK)sals 841,980 140,098 2,379 16.763 1gA27 707 1,018,668 3,086 At 31 Dember 2025 1,017 301 DEPRECIATION At l January 2025 Charge for year imiroted on disposal 121,793 3,666 17,237 1,422 139,030 5,088 At 31 Decenber 2025 123 729 140 015 NEf BOOK VALUE At 31 D@ber 2025 841980 At 31 2024 879 638 ii. FIXED Ass INVEStMENTS sted investments MARK VALUE At l January 2025 AdditnS Diwsals RevaluatDns 300,670 iio,000 (50.000) At 31 DeCbtr 2025 BOOK VALI At 31 D&ember 2025 388.203 At 31 Dnber 2024 31KI,670 There were Th) investment asts outside Ihe UK. The deem hL%toriol a)St of invethents at 31 DeiEmiEr 2025 is Q40,00012024: E280,00(11 Page 13 continued...
THE EDWARD BARN&EY EDUCATIONAL TRU NOTES TO THE FINANCIAL STATEMENTS - contin1 FOR THE YEAR ENDED 31 DECEMBER 2025 12. 2025 2024 Imber work-ln-prrS FInhed g(M)ds 23,350 1470 22,477 13,445 125 478 13. DEBTORS: AMOUTrITS FALUNG DUE WITHIN ONE YEPR 2025 2024 Trade debtNs (Jher debt0 and accr incorr Tax recoveTrbk VAT 5,462 215,571 6,223 4,457 32,607 8,098 Ied witFun other debtr*s atKI accru income, is a provifjion for a leL¥ not yèt ed at the date of the rerA)rt totalling £150,COO. 14. cREDORS. AMOUNfs FALLING DUE wfTriiN ¥EYEAR 2025 2024 Trade creditors xial and ot tsxes VAT Otlw creditors Arcruals and deferred Income 71,180 3,482 1497 2,471 47,945 3,413 3,132 104 MOVEMENT IN FUNDS Net movenEnt in fund5 Transfers between nds At 31112125 At 111125 Vnrestricted funds General fund Fixed fund Building and deveknpment fund Workshop fund 241,775 879,638 loo,000 loo 000 257,655 (5,087) 197,265 2.735 (ioo,000) loo 000 696,695 877,286 1 321413 252 568 1 573 981 TOTAL FUNDS 1321 413 252 568 1 573 981 Page 14 continued...
THE EDWARD BARNSLEY EDiJCATIONAL TRUST NOTes TO THE FINANCIAL sfATEMENTS- continued FOR ThE YEAR ENDED 31 DECEMBER 2025 15. MOVEME IN FUNDS- continued movement in funds indLKled in the above are as ftAIows: [lmIng resour$ ResoLftrS experKled Gains and Movement in funds Unrestricted funds General futKI Fixed asset fund 564,310 (334,188) 27,533 257,655 25 TOTAL FUNDS 339 275 Comparative5 for movement in funds Net Trartsfers between funds movement in funds At 111124 At 31112124 Unre5tritted tunds General fiJr Fixed asset fund Bu11n9 and devdopment fvnd WotK1p fund 140,276 119,945 I.0[&) 100.IX)D {26,981) (5,C621 128,48J 764,755 241,775 879,638 Restricted funds Building and developmert fund mrièl fund 460,221 (32.043) 893,L5 1,321,413 159,227 (159,227) TOTAL FUNDS 1,353,456 32 043) 1,321413 Ccffiparative net movement in funds, induded In the above a as folk.. Ir£omiry resour5 Resowces experKfed Gall and M¢)vement in funts Unrestricted funds General fund Fixaj asset fvtKf 221,2KJ 1265,8621 5,062 17,598 126,9811 5,062) TOTAL FUNDS 270 9241 Page 15 c¢tInUed...
ThE EDWARD BARNSLEY EDUcATIcL TRusr NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 15. MOvENT IN FUNDS . contlnued A current year 12 months and prior year 12 montrs combined poltlon is as follows.. Transfer betsveen fd$ At 31112125 At 111124 in fur1$ Unrestritted fun(L% General fund Fixed asset furKI Building and Ikvdcpment find Workshop fund 140,276 119,945 ioo.¢yJi 230,674 (10,149) 325,745 767,490 (ioo,(x)01 loo cool 696,695 877,286 460,221 220,525 Restritted funds Building and (Èvel(pment fund Memorial fund 893,235 1,5n,981 159,227 734,C118 1159,2271 893.235 TOTAL FUNDS 1353 456 15TJ 981 A current year 12 months and prior year 12 months combned net movement in fiJnds, indudd in the above are as folknws: IncomirwJ resources Resources expended Gains and Movement in funds Unrestritted funds Genenl fund Fixed asset fvnd 785,593 {61]0,050} 10 149} 45,131 23D,674 610 199 220 525 TOTAL FUNDS 610.199 45.131 220.525 Restricted funds rial fund - funds rais speo"fiolty for the purchase ar nOWdtion of the Ethard Barnsley worltshop and ccttsge. Building and Devek)pffent fvnd- funds Trised specificaoy fty the second phase of the pro1t. Do5ignated funts Fixed asset fund - represents the net bo)k value of fixed asts. Building and tweloprnent fvnd- fund set aside by trust to finae the secorKJ phase of the projert. Worf¢thop fund - fvnds t aside by the twthes to finarn wotlshop improvements and equipment Ithich may be acquired. TranSFe between funds The transfer from the general fund to the fixed Set fund represerts opttlised assets purthad in year less disposals. The ttsnsft75 from the buildiThJ am devdorment fvnd and WOrhOp fund to the generdl fvnd Kere made as a re9j of proj bng finished and all fur*1s bein9 ynt. Page 16 c0nnUed...
ThE EDWARD BARNSiEY EDUCAnONAL TRU NOTES TO TrIE FINANCIAL STATEMENTS - continued FOR ThE YEAR ENDED 31 DEMBER 2025 16. RELATED PARTh DIsQ0RE5 There We no related party transactions for the year ended 31 Dmber 2025. Page 17