Barrow Community History Foundation Report of the Trustees, Financial Statements and Accounts for the year ended 30th September, 2024 BARROW COMMUNITY HisfoRY FOUNDATION REPORT OF THE TRusfEES AND ANNUAL ACCOUNTS For the period ended 30th September. 2024 Approved by the Trustees on 21*1 Fdnj 2025 Registered Charity No 1205053 TRUST INFORMATION Registered Charity number 1205053 Reglstsred Address Heathfield House, Hollowmoor Heath. Great Barrow, Chester. CH3 7LF Trustees Mrs. Julia Frew Mrs. Julia Tillotson Mrs. Christine Youngs Mrs. Ann Cavenett Mrs. Helen Hockley Mrs. Sue Higginbotham
Barrow Community History Foundation Report of the Trustees. Financial Ststements and Accounts for the year ended 30 September. 2024 Mr. George Hall Report of the Charity Trustees The trustees submit their annual report together with financial statements for the CIO for the year ended 31° March, 2024. The financial ststements comply with the Charities Act 2011. the Constitution and Accounting and Reporting by Charities Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)(effective l January 2019). Charity Trustees Responsibiliiies Statement The charity trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations. The charity Act 2011 requires the trustees to prepare financial statements for each financial year. The trustees have to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRSIO2, the Financial Reporting Standard applicable in the UK and Republic of Ireland. The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the stste of affairs of the charity and of the accounting resources and application of reSoUrs, including the income and expenditure, of the charity for that period. In preparing these financial ststements. the trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP {FRS102); Make judgments and accounting estimates that are reasonable and prudent;
Barrow Community History Foundation Report of the Trustee5, Financial Statements and Accounts for the year ended 30th September, 2024 State whether applicable UK accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; Prepare the financial ststements on an appropriate accounting basis. In this financial year we have not yet received any funding. Legal and Administrative Detsils th The CIO was registered with the Charity Commission on the 4 October, 2023. The registered number of the charity is 1205053. Report of the Trustees The Charity Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charwty's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Structure. Governance and Management Management of the Trust's activities is the responsibility of the Board of Trustee5. The CIO'S Constitution provides for a minimum number of three trustees, and for new trustees to be appointed by the Board. There have been no changes to the Trustees in the year ending September. 2024. Names of the Trustees Mrs. Julia Frew (Chair) Mrs. Julia Tillotson (Treasurer) Mrs. Christine Youngs Mrs. Ann Cavenett
Barrow Community History Foundation Report of the Trustees, Financial Statements and Accounts for the year ended 30th September, 2024 Mrs. Helen Hockley Mrs. Sue Higginbotham Mr. George Hall All enquiries in respect of the Charity must be directed to the trustees at the registered address. Aims and Objectives The objects of the CIO are to advance the education of the public in the history and topography of Barrow by compiling an archive, researching and investigating significant events and publishing reports. holding exhibitions and talks on the same. The charity is a grant making organisation. but is not currently in a financial position to make any grants. Review of the Year's Activities and Future Plans This is the first Annual Report of BCHF which was incorporated as a CIO in October 2023, following notification of a prospective legacy from a private testator. The legacy was to be held by the executors of the will pending finali5ation of the administration of the estate. The CIO has prepared for receipt of the legacy funds by completing legal and administrative requirements following its registration, and by approving appropriate policies and procedures which, once the funds are received in early 2025, will assist in their effettive use in furtherance of its objettives and for the public benefit, including as follows: Sourcing suitable accommodation for its archive of documents, with space for research and meetings; Holding exhibitions, events and talks relevant to the history and topography of Barrow and its residents: Considering appropriate grant applications for research projects.
Barrow Community History Foundation Report of the Trustees. Financial Statements and Accounts for the year ended 30 September, 2024 Financial Review Income Received No income has been ceiVed during this financial year. Reserves Policy Pending receipt of the legacy, the Trustees have not settled the level for reserves. On receipt of the legacy funds an appropriate level for SerVeS will be identified which will take account of the amount received, and the need for funds to achieve the CIO'S strategic objectives and provide public benefit. The financial position is shown in the attached financial statements. The financial statements have been prepared in compliance with current statutory requirements and Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5102> (effective l January 2019). Bankers Nat West Bank. Community Banking, Rotherham. Report Approval The trustees of Barrow Community History Foundation confirm they have had regard to the guidance issued by the Charity Commission on public benefit. th The trustees, Annual Report for the year ending 30 September, 2024 was approved by the Board of Trustees on Date: 21 ¥eb 2025 Signed Julia Frew (Chair)
Barrow Community History Foundation Report of the Trustees. Financial SLitements and Accounts for the year ended 30 September, 2024 Statement of Financial Activities (incorporating the income and expenditure account) Unrestrirted And total funds 2024 Income Investment Income Expenditure Charitable activities Nil
Barrow Community History Foundation Report of the Trustees. Financial Statements and Accounts for the year ended 30 September. 2024 Other 20 Net Movement in Funds {20) Total funds brought forward Total funds carried forward 20 Balance Sheet 2024 Current Assets Cash at bank and in hand Debtors Current Liabilities Creditors: amounts falling due within one year 20 20
Barrow Community History Foundation Report of the Trustees. Financial Ststements and Accounts for the year ended 30th September, 2024 Net Liabilities 20 UnStrirted revenue funds These financial documents were approved by the trustees on 2025 and signed on its behalf by: 2oLS Julia fillotson (treasurer) Statement of cash flow 2024 Net cash provided by (used in) operatin8 Net expenditure for the period (20) Interest from investments Decrease in Debtors Increase in creditors 20 Cash flow from investing activit*s Interest from investments
Barrow Communty History Foundation Report of the Trustees, Financial Statements and Accounts for the year ended 30 September, 2024 Change in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Notes to the Accounts l. Accounting Policies Charity information Barrow Community History Foundation is a Charitsble Incorporated Organisation whose registered office is Heathfield House, Hollowmoor Heath, Great Barrow, Chester. Cheshire CH3 7LF. It will provide grants to further the education of people about the history and topography of Barrow. cate a local history archive. and provide support for those researching local history topics. It will also put on exhibitions and talks. Accounting ComRntion The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards and Statements of Recommended Practice- Accounting and Reporting by Charities (FRS102 SORP){effective l January 2019) and with the Financial
Barrow Community History Foundation Report of the Trustees, Financial Statements and Accounts for the year ended 30 September, 2024 Reporting Standard applicable in the UK and Republic of Ireland {FRS102). They are drawn up in accordance with the Charities Act 2011. The financial statements are presented in sterling. 2. Other Costs 2024 Administration: room hire 20 20 3. Trustees Remuneration No remuneration was paid to trustees in the year ending 30th September. 2024. Trustees have not been 1mbUr5ed for any expense5 during the year. 4. Credltors payable within one year 2024 Administration fees 20 20 5. Related Parties There were no related party transactions during the year 6. Capital Commitments There were no capital commitments during the year 7. Contingent Liabilities io
Barrow Community History Foundation Report of the Trustees, Financial Statements and Accounts for the year ended 30th September, 2024 There was a contingent liability as at 30 September, 2024, being a potential debt to the Solicitors Withers LLP. The contingent liability is in the sum of £17,119.80 and will become payable only if Barrow Community History Foundation receives a bequest from the estate of the Testator. The potential debt relates to work by Withers LLP to estsblish the Foundation and provide legal advice. li