| Contents | Page | ||
| Reference and administrative | details | ||
| Tfllstees' Iepoit | |||
| Statement ofTrustees' | responsibilities | ||
| Independent auditor's |
report | ||
| Statement offinancial | activities | 13 | |
| Balance sheet | 14 | ||
| Statement ofcash flows | |||
| Notes | 16 |
| Value | Description | |
|---|---|---|
| IVe will be Ambitious | We aim to support as many | communities as possible across the UK to |
| thrive. We will aim to operate industry leading charitable giving. |
||
| IVewill be Colluborauve | We wiII work with partners, | people and the PLC to fulfil our purpose. |
| IVewill make our work Enduring | We will aim to make a lasting impact in communities acmss the UK. |
|
| IVewill ensum what we doisImpactful | We will aim to understand | and articulate the outcomes and impact |
| created by the Foundation, | it's people and partners. |
| at we will | ~ Focus on a smail range ofcauses clearly connected | ~ Focus on a smail range ofcauses clearly connected | to our new Vision and Purpose. |
|---|---|---|---|
| o in the new | ~ Continue to support charities (and exempt organisations such as schools) in England, Wales |
||
| strategy | and Scotland. | ||
| ~ Continue to consider disasters and emergencies |
funding on acase-by-case basis, in line with | ||
| our policy. | |||
| ~ Beflexible with regards to the social issues and | causes that we support provided they remain |
||
| aligned with the new Vision and Purpose. | |||
| ~ We will work in partnership with our stakeholders |
to deliver our Vision and Purpose, | ||
| stakeholders | including, but not limited to: |
||
| - Current and pmspective charity partners |
|||
| - Barmtt employees in Divisions and Group |
|||
| - Barrett Developments PLC Leadership |
|||
| ow we will | ~ We will have aclear pmgramme to engage and |
support PLC employees and Divisions in their |
|
| ork with our | fundraising and volunteering activities. |
||
| stakeholders | ~ Where there are areas ofjoint CSRinterest we will | work with the PLC on acase-by-case | |
| basis. | |||
| at impact | ~ The Vision &Purpose defines broadly the areas in | scope for the Foundation's work. |
|
| ewill achieve | ~ We will have aclear methodology to showcase |
the | impact achieved fiom our support to |
| charities and communicate this to our stakeholders. |
| Un- | Un- | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| restricted | Restricted | Total | restricted | Restricted | Total | ||||
| Funds | Funds | Funds | Funds | Funds | Funds | ||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||||
| Notes | f | 8 | 8 | 8 | |||||
| Income from | |||||||||
| Donations | 2 | 4347,368 | 4,247,368 | 3,604,009 | 938,195 | 4,542,204 | |||
| Total income | 4447,368 | 4447,368 | 3,604,009 | 938,195 | 4,542,204 | ||||
| Expenditure | on | ||||||||
| Charitable activities |
3 | (4,023,264) | (351,000) | (4,374,264) | (3,963,277) | - | (3,963,277) | ||
| Total expenditure | (4,023,264) | (351,000) | (4,374,264) | (3,963,277) | (3,963,277) | ||||
| Net (expenditure)/income | 224,104 | (351,000) | (126,896) | (359,268) | 938,195 | 578,927 | |||
| Reconciliation | offunds | ||||||||
| Total funds brought | forward | 363,059 | 938,195 | 1,301,254 | 722,327 | 722,327 | |||
| Total funds carried | forward | 7 | 587,163 | 587,195 | 1,174,358 | 363,059 | 938,195 | 1,301,254 |
| nnual report and fmancial statem Balance Sheet |
nnual report and fmancial statem Balance Sheet |
ents for the year |
ended 30June 2023 | |
|---|---|---|---|---|
| at 30June 2023 | ||||
| Notes | 2023 | 2022 | ||
| 8 | ||||
| Current assetst |
||||
| Cash at bank and in hand | 1,494,313 | 1,709,573 | ||
| Total current assets | 1,494,313 | 1,709,573 | ||
| Liabilities: | ||||
| Creditors: amounts | falling due within one year | 5 | (319,955) | (408,319) |
| Total assets less current liabigties | 1,174,358 | 1,301,254 | ||
| Net assets | 1,174,358 | 1,301,254 | ||
| The funds ofthe charity: | ||||
| Restricted income funds | 587,195 | 938,195 | ||
| Unrestricted income |
funds | 587,163 | 363,059 | |
| Total Charity funds | 1,174,358 | 1,301,254 |
| for the year ended | 30June 2023 | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| f | ||||
| Cash flows from operating | activities: | |||
| Net (expenditure)/income | for the year | (126,896) | 578,927 | |
| Adjustments for: |
||||
| (Decrease)/increase in creditors |
(88,364) | 301,652 | ||
| Net cash (used in)/pmvided | by operating activities |
(215,260) | 880,579 | |
| Cash and cash equivalents | at the beginning ofthe year | 1,709,573 | 828,994 | |
| Cash and cash equivalents | at the end ofthe year | 1,494,313 | 1,709,573 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | |||
| Donations | received | 4,000,000 | 4,438,195 |
| Donated | services and facilities | 247,368 | 104,009 |
| 4447,368 | 4,542,204 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | |||
| Grants expenditure | 4,098,185 | 3,831,203 | |
| Support costs | 258,079 | 112,074 | |
| Governance | costs | 18,000 | 20,000 |
| 4,374364 | 3,963,277 |
| 2023 | ||||
|---|---|---|---|---|
| Whizz-Kidz | 381,856 | |||
| The Outward | Bound Trust | 300,000 | ||
| Place2Be | 300,000 | |||
| Bookmark Reading Charity | 102,420 | |||
| CleanUp UK | 100,000 | |||
| Comic Relief | 100,000 | |||
| Refuge | 100,000 | |||
| The Wildfowl | and Wetlands | Trust | 100,000 | |
| The Prince's Trust | 75,500 | |||
| Other charitable | institutionsa | 2,538,409 | ||
| 4,098,185 | ||||
| 2022 | ||||
| 8 | ||||
| The Outward | Bound Trust | 1,000,000 | ||
| Whizz-Kidz | 631,000 | |||
| Magic Breakfast | 100,000 | |||
| The Prince's | Trust | 68400 | ||
| Action for Kids | Charitable | Trust | 60,000 | |
| Other charitable | institutionsa | 1,972,003 | ||
| 3,831303 |
| editors: | amo | unts falling |
due within one year | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 8 | |||||
| Accruals | for | grants payable | 281,654 | 390,319 | |
| Accruals | for | governance | costs | 38,301 | 18,000 |
| 319,955 | 408,319 |
| alysis ofre | strict | ed char | itable funds | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Restricted | funds | brought | forward | 938195 | |
| Income | 938,195 | ||||
| Expenditure | (351,000) | ||||
| Restricted | funds | carried | forward | 587,195 | 938,195 |
| alysis ofun | restrict | ed cha |
ritable funds |
||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 8 | |||||
| Unrestricted | funds | brought | forward | 363,059 | 722,327 |
| Income | 4447,368 | 3,604,009 | |||
| Expenditure | (4,023,264) | (3,963,277) | |||
| Unrestricted | funds | carried | forward | 587,163 | 363,059 |