## **BARROWDEN CHARITY CIO**
## Registered with the Charity Commission (Registration No 1197331)
## **Report for the Annual Parish Meeting, April 2024**
## **Current Trustees:**
Mrs Alison Last, Chair Mr Graham Ball Mrs Shirley Plenderleith Mrs Anna Fettig Revd Stephen Gamble (ex officio) Mrs Maggie Davidson, Clerk
## **Report on Year 2023** / **24**
Last year we very sadly lost Clive Holland who, together with former trustee, David Wilson, had been instrumental in the changeover to CIO (Charitable Incorporated Organisation). We were very grateful for Clive's contribution to the Charity over a good number of years. In September, we advertised the trustee vacancy and welcomed Mrs Anna Fettig who joined the team in October.
Our first full year as a CIO has gone fairly smoothly; our clerk, Maggie Davidson, has probably experienced the worst in changing our main bank account which is now with Barclays but with the big plus of online banking. The aims of the charity remain the same to 'assist anyone in need in Barrowden' and to support initiatives that assist those in need.
Regular monthly payments to beneficiaries continue, together with the annual RCC charge for green refuse bins. In view of the ongoing increase in the cost of living, we have continued with additional payments for beneficiaries during the winter period. We also offer help to residents over the age of 75 with payments for TV licences.
The benefits are paid through the village shop, with the usual extra credits at Christmas time. We also include widows and widowers with credits at Christmas, and vouchers for former Barrowden residents in care homes. Payments are made to families with new babies; families with bereavements; and assistance with extra costs due to family illness or disability. For certain benefits there is a 12 month residential qualification in Barrowden required.
Contributions towards travel for people visiting hospital on a regular basis are offered. The Charity supports Barrowden Good Neighbour Scheme with transportation costs to medical appointments, village hall hire costs for the monthly village lunch and the seniors' Christmas party.
With the success of the lottery funding in April for the new village hall, the Charity will be granting the £50,000 loan which we promised. We have agreed that the village hall trustees can delay repayment for five years after they have received the loan. A legal document has been drawn up to this effect.
The main source of the charity's income is the rental of a ground floor shop in Hammersmith, which, together with interest on investments, normally brings in approximately £38,000 per annum, less agent expenses. The tenant has experienced some financial challenges due to the pandemic and has considered selling on the lease but at the moment he is still in situ. We monitor this situation through our agents in London.
The charity is on a strong financial footing, our accounts are audited annually by an independent accountant and submitted to the Charity commission. The trustees are constantly exploring how the charity can best serve the community both now and in the future whilst still meeting the requirements laid out in the charity's governing documents. To this end we will continue to provide the payments described above while considering new ideas for ways in which we can contribute to the general wellbeing of villagers.
**Alison Last Chair Barrowden Charity CIO April 2024**
## Receipts and Payments Accounts
> Charity name The Barrowden ~~Charity CIO~~
**----- Start of picture text -----**
Charity number (if any) 1 1 9 7 3 3 1
For the period from (start date) 0 D 1 D 0 M 1 M Y 2 Y 3 to (end date) 3 D D 1 M [1] M 2 2 Y 3 Y
Section A Receipts and payments
**----- End of picture text -----**
|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|**Section A**
**Receipts and payments**|
|---|---|---|---|---|---|---|
||**A1 Receipts**|Unrestricted
funds
to the nearest
£|Restricted
funds
to the nearest
£|Endowment
funds
to the nearest
£|Total funds
to the nearest
£|Last year
to the nearest
£
Typ|
||Rent received|48519|||||
||Dividends|7104|||||
||||||||
||||||||
||||||||
||||||||
|||55623|||||
||_Sub total_
**A2 Asset and investment sales, etc**
_Total receipts_
**A3 Payments**||||||
|||55623|||||
||||||||
||MonthlyBenefitspaid|16231|||||
||Birth/Death payments|1600|||||
||
Other Benefits|24309|||||
||Admin|266|||||
||Clerk's Salary|2420|||||
||||||||
||||||||
||||||||
||||||||
|||44826|||||
||Sub total
**A4 Asset and investment purchases, etc**
_Total payments_
_Net of receipts/(payments)_
**A5 Transfers between funds**
**A6 Cash funds last year end**
_Cash funds this year end_||||||
|||44826
10797|||||
||||||||
|||20398
31195||||Ty|
||||||||
**March 2012: new format January 2017**
**CC16a**
**Statement of assets and liabilities at the end of the period**
**Section B**
|Details
**B1 Cash funds**
_Total cash funds_
_(agree balances with receipts and payments account(s))_
Details
**B2 Other monetary assets**
Details
**B3 Investment assets**
Details
**B4 Assets retained for the charity’s own use**
Details
**B5 Liabilities**
Signed by one or two trustees on behalf
of all the trustees
Signature
C.O.I.F Charities Inv Fnd
146 King St. London-lease
Alison Last
Santander Current Ac
Barclays Current Ac|Details|Unrestricted
funds
to the nearest
£|Restricted
funds
to the nearest
£|Endowment
funds
to the nearest
£|
|---|---|---|---|---|
||Santander Current Ac|4821|17500||
||Barclays Current Ac|8874|||
|||13695|17500||
||||||
|||Unrestricted
funds
to the nearest
£|Restricted
funds
to the nearest
£|Endowment
funds
to the nearest
£|
||||||
||||||
||||||
||||||
||||||
||Details|Fund to which
asset belongs|Cost
(optional)|Current value
(optional)|
||C.O.I.F Charities Inv Fnd||175000|258769|
||146 King St. London-lease|hold asset|500000|500000|
||||||
||||||
||||||
||Details|Fund to which
asset belongs|Cost
(optional)|Current value
(optional)|
||||||
||||||
||||||
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||||||
||||||
||Details|Fund to which
liability relates|Amount due
(optional)|When due
(optional)|
||||||
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||||||
||Signature|||Date of approval|
||Alison Last||||
|||Alison Last|||
Graham Ball
Graham Ball
**March 2012: new format January 2017**
**CC16a**
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of**
Charity Name
The Barrowden Charity CIO
**On accounts for the year ended**
December 2023
**Charity no (if any)**
1197331
## **Set out on pages**
Section A & B
(remember to include the page numbers of additional sheets)
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2021
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._
**Signed: Date: Name:**
19/09/24 **Name:** Michael George Willis **Relevant professional qualification(s) or body (if any):**
Accountant
> 1 **October 2018**
**IER**
**Address:**
The Old Orchard, 3 Church Lane, Preston, Rutland, LE15 9NG
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** . None
**October 2018**
2
**IER**