2022-10-31-accounts - The Barr Foundation

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

REGISTERED CHARITY NUMBER: 1191799

`REPORT OF THE TRUSTEES AND`

`UNAUDITED FINANCIAL STATEMENTS`

FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

THE BARR FOUNDATION

Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022`

		`Page`
`Report of the Trustees`		`1`
`Statement of Financial Activities`		`2`
`Balance Sheet`		`3`
`Notes to the Financial Statements`	`4`	`to`	`6`
`Detailed Statement of Financial Activities`		`7`

DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`REPORT OF THE TRUSTEES`

`FOR THE YEAR ENDED 31 OCTOBER 2022`

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31October2022.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January
2019).

`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`

`Principal address`

Grove House
Pensile Road
Nailsworth
Gloucestershire
GL6 0AL

`Trustees`

Mrs S Barr
J Cooper
P J Blythe
Ms A Forbes
T Forsyth

14 December 2022

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................... S Barr - Trustee

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`STATEMENT OF FINANCIAL ACTIVITIES`

`FOR THE YEAR ENDED 31 OCTOBER 2022`

		`31/10/22`	`31/10/21`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`		`-`	`96,000`
`EXPENDITURE ON`
`Raising funds`	`2`	`75`	`825`
`Other`		`6,000`	`13,500`
`Total`		`6,075`	`14,325`
`NET INCOME/(EXPENDITURE)`		`(6,075)`	`81,675`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`81,675`	`-`
`TOTAL FUNDS CARRIED FORWARD`		`75,600`	`81,675`

The notes form part of these financial statements

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`BALANCE SHEET`

`31 OCTOBER 2022`

		`31/10/22`	`31/10/21`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`CURRENT ASSETS`
`Cash at bank`		`75,600`	`81,675`
`NET CURRENT ASSETS`		`75,600`	`81,675`
`TOTAL ASSETS LESS CURRENT LIABILITIES`		`75,600`	`81,675`
`NET ASSETS`		`75,600`	`81,675`
`FUNDS`	`5`
`Unrestricted funds`		`75,600`	`81,675`
`TOTAL FUNDS`		`75,600`	`81,675`

The financial statements were approved by the Board of Trustees and authorised for issue on 14 December 2022 ............................................. and were signed on its behalf by:

............................................. S Barr - Trustee

The notes form part of these financial statements

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS`

`FOR THE YEAR ENDED 31 OCTOBER 2022`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102) (effective
1January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicablein the
UKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.

`Income`

All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.

`Taxation`

The charity is exempt from tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.

`2. RAISING FUNDS`

`Raising donations and legacies`

`Raising donations and legacies`
	`31/10/22`	`31/10/21`
	`£`	`£`
`Support costs`	`75`	`825`

`3. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2022norfor the
year ended 31 October 2021.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31October2022norfortheyear ended
31 October 2021.

continued...

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022`

`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`
				`Unrestricted`
				`fund`
				`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`				`96,000`
`EXPENDITURE ON`
`Raising funds`				`825`
`Other`				`13,500`
`Total`				`14,325`
`NET INCOME`				`81,675`
`TOTAL FUNDS CARRIED FORWARD`				`81,675`
`MOVEMENT IN FUNDS`
			`Net`
	`At`		`movement`	`At`
	`1/11/21`		`in funds`	`31/10/22`
	`£`		`£`	`£`
`Unrestricted funds`
`General fund`	`81,675`		`(6,075)`	`75,600`
`TOTAL FUNDS`	`81,675`		`(6,075)`	`75,600`
`Net movement in funds, included in the above are as follows:`
	`Incoming`		`Resources`	`Movement`
	`resources`		`expended`	`in funds`
	`£`		`£`	`£`
`Unrestricted funds`
`General fund`		`-`	`(6,075)`	`(6,075)`
`TOTAL FUNDS`		`-`	`(6,075)`	`(6,075)`
`Comparatives for movement in funds`
			`Net`
			`movement`	`At`
			`in funds`	`31/10/21`
			`£`	`£`
`Unrestricted funds`
`General fund`			`81,675`	`81,675`
`TOTAL FUNDS`			`81,675`	`81,675`

`5. MOVEMENT IN FUNDS`

continued...

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

THE BARR FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS - continued`

`FOR THE YEAR ENDED 31 OCTOBER 2022`

`5. MOVEMENT IN FUNDS - continued`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`96,000`	`(14,325)`	`81,675`
`TOTAL FUNDS`	`96,000`	`(14,325)`	`81,675`

A current year 12 months and prior year 12 months combined position is as follows:

`Unrestricted funds` `General fund` `TOTAL FUNDS`	`Net` `At` `movement` `At` `1/11/20` `in funds` `31/10/22` `£` `£` `£` `-` `75,600` `75,600` `-` `75,600` `75,600`	`Net` `At` `movement` `At` `1/11/20` `in funds` `31/10/22` `£` `£` `£` `-` `75,600` `75,600` `-` `75,600` `75,600`
		`75,600`

A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the
above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`96,000`	`(20,400)`	`75,600`
`TOTAL FUNDS`	`96,000`	`(20,400)`	`75,600`

`6. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 October 2022.

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DocuSign Envelope ID: E9BB3290-1B30-4AE8-99A9-FD01A42BEF08

`THE BARR FOUNDATION`

`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`
`FOR THE YEAR ENDED 31 OCTOBER 2022`
	`31/10/22`	`31/10/21`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Donations`	`-`	`96,000`
`Total incoming resources`	`-`	`96,000`
`EXPENDITURE`
`Other`
`Donations`	`6,000`	`13,500`
`Support costs`
`Governance costs`
`Auditors' remuneration for non audit work`	`75`	`825`
`Total resources expended`	`6,075`	`14,325`
`Net (expenditure)/income`	`(6,075)`	`81,675`

This page does not form part of the statutory financial statements

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