CHARITY REGISTRATION NUMBER: 200110 William Barringer Charity Unaudited Financial Statements 31 December 2023 William Barringer Charity Trustoès. Annual Report Year ended 31 December 2023 The trts8tees present their report and the unaudited financlal statements of the chailty for the year ended 31 Decembèr 2023. Referencè and administrativa d•tsil$ Ragistered charlty. name Iliam Barilnger Charity Charity registration numb•r 200110 Prlnclpal office Mèettng Farm. We81 End, StevSngton, Bedford. MK43 7QU Th• trustO01 Mr R Adan Mrs H Eadie Mr D Norton Mr K Parkin80n Mr8 H Prentlce Mr8 R Stsnbridge Mr8 J Day (Resigned 31 Mafch 20241 (Resigned 31 March 20241 (Appointed 1 April 20231 (Reslgned 31 March 20231 (Appointed 1 Aprll 20241 Independ¢nt examln•r Thèrèsa-Anne Warren FCA 8 The Old Yard Lodge Farm Buslness Centre Wolverton Road Casllethorpe Mllton Keynes MK19 7ES StructUT•i govemanco and minag•m•nt Brigf History The Almshouses were crèated from the 1632 Will of William 8arring•r. He wa$ born Stevington and had land in the village. He l*ft the residue of his estate for Yhe building and making of.... almshouses for poor men. They were first built 1634. The first recordlng of the charity its&lf was in 1641, whtn the Vicar of Slevington and others sought to ensure that the almshouses were run as inten¢Jed by WlllSam Barringer and not for profrt of the executors ol his will. The defendants were ordered to hand over the house and £400 to the ¢laimanl8, who in 1651 then used the money to buy land at Crowlands In Pavenham to support the alm8houseJ8 and the poor people In them. Both the almshouse8 and the land ¢onllnue to be benèfflelally owned by th& chorlty and athnlnistered a8 originalty irslended. In 1836 the then Vicar of Stevington and others Created a more legal footing and during the 19th Century variou8 deedg and agreements were created to administer the chaflty, culminating in Ihe 1911 Deed still in existence today. In 1841 the almshouses were rebuilt, on their original foundation5, keeping the original stone window mullions and the dormer windows, using the exi$ts'ng materials where ever possible. Gradually during the latter half of the 20th century the almshou8*8 have had kitchens and bathrooms added behind the old houses, and where possible improved to improve the quallty of Ilfe for the beneficial residents. Goveming document The unincorporated charty, with charity reference number 200110, is governed by the latest Trust Deed dated 24 January 1911 and registered with the Charity Commission on 19 January 1970. It Is adminislered by the Trustees in accordance with its Administration Rules, as updated in 201 S. William Barringer Charity TNst•ès' Annual Rèport (¢oniiftu Year ended 31 December 2023 Trustees In accordance wlth the Adminlstratlon Rules, the boaTd of trustees shall consist of 6 members, as follows.. One Ex-officio Trustee, to be the Vicar of St Mary's, Stevington (position curr8nlly vacant) One Nomlnated Trustee, to be appointed by the Slevington Parish Counoil Four Co-opted Trustees Wth exception of Ihg Ex-OffirAo Trustee posltton, the tru8tees shall generally remaln In office for term of 3 years. New tru8tee8 are provided wllh coples of the goveming document and rules of the charlty, togethei wlth most recently completed accounts and the Residents Regulotions. They are directed to the Charity Commisslon guidan¢e available online in regard lo their obligations and duties a5 Trustees. ObJ•ctlv•s and a¢tlvltle• The purpose of the Charity Is lo provlde AJmshou$e$ lor those In need who hav& a direct connec￿on ith Slevinglon. The Charity owns five freehold Cottages In Paik Road, Stevington, together with 26 acres ol land at Pavenham ￿1¢h 81 present forms part of the Pavenham Golf Cour8e. Propertie8 are kept in good repair and routs'ne management 18 dealt with by the tru81èe$. The trustees have complied with their duty lo have due regard to the guidance, published by Thè Charity Commission Ispecifically PB21, on public benefit in exerGising their power8 or duties. Achlov•m•nts and perforniAnc• Durfng 2023 Iheie have been no ¢h8nge8 to our B&nefl¢larie8, all have remained with us. Weekly contributions were not increased in 2023 as it was fell the current amount confjnues lo enable the Charity lo meat the ¢08ts for maintenance and administration of the Amshou5es. The weekly conlrlbulion8 %￿11 continue lo be revlewed annually. In 2023 we replaced some of th? roar wooden fenclng. Sadly R081è Stanbridge de¢lded to r•8ign In March 2023. Rosie had served as Seerél8ry and then Trustee for over 20 years. We would like to thank her for all hèr hard work. We ￿￿11 ml88 her help and wealth of knowledge ol the Charity, and wish her well in her18te rellrement. Flnanclal rnvlew During the year the chgrity r¢¢etved total income of £25,44112022'. £22,289) prlnclpally from resident contributlons and rent from land held at Pavenham. Expendityre for tho ytsar. before transfer8 to the investment fund a￿OUnt, totalled £10,032 12022: £22.9301 The eharity fijrther transferred £375 (2022.. £10,37511o its investment fund account. Net Increase to bank and cash balances held was £15,03512022.. decrease £11,016) to leave olosing cash balances of£22,90612022.' £7,872) The value of the invested ftjnds in M&G Charlty Multi As$el Fund ICMAFI ended the year in a buoyant position and stood at £331,79212022.. £312,046) William Barringer Charity Trustees. Annual Report {¢t￿lIN1¢￿) Year onded 31 December 2023 Plans for fuluro poriod$ Further malntenance work ha$ been planned for 2024, includino renovation of the drains and pathways, the new pedestrian ramp and ￿rther wlndow iepla¢em&nt. The trustees had a very p08itsve meeting wth the Beneficiaries during the autumn to discus8 fvture plons for the building upkeep and the grounds. Thi8 is very much 8 pos5tive ￿QwaY flow of inlormation, ideas and concerns. The tru8tees' annual report was approved on .t3.fjL.kkn./...2oLW. and 81gned on behalf of the board of trustees by.. MrK Trustee Inson Mr8 H Prentl Trustee William Barringer Charity Ind•p8ndent ExaminÈrfs Report to the Trusts¢$ of William Barring¢r Chai7ty Year ended 310ecembeT 2023 I report to the trustees on my examination of Ihe financi81 ststements of Wlllam Barringer Chatlty (￿e ¢harty'l lor the year ended 31 December 2023. R•$ponsibiliti85 and basis of report As the trustees of the charity you are responsible for the preparation of the ffinancial $talem8nts in accordance with the reqL¢irements ol the Charities A¢1 20111'the Act'l. I report in respect of my examination ol the charity's financial slalements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 1451Sllbl of the A¢t. Independ•nt examin•r'$ statsm•nl I hovtr eompleted my examlnauon. I confirm that no m8terl81 motters have ¢ome to my attention in connection vlth the examinatSon giving mvj Gau$e to b¢lleve that In any materlal respect.. a¢¢ounlng re¢ord$ were not kept In re8pect of the charlty a$ required by $e¢tion 130 of the Act., or the financlal 8talements do not accofd wlth th08e re¢ord8'. or the financl81 slalement8 do not comply wth the applicable requirements con¢erning the form 8nd eontenl of a¢¢ounts set out in the Charitie5 (Accounts and Reports) Regula￿0￿8 2008 other than any requirement that the accounts give a 'true and fair, view whSch1s not a motter ¢on$iderod as part ol an independent examination. I have no ¢oncems and have come across no other matter# In connection wllh the examlnadon to lthlch attention should be drawn in this report in order to enable a pioper und&r8t8nding of the acoounts lo be reached. Theresa-Anne Warren FCA Indtpendenl Examiner 8 The Old Yard Lodge Farm Buslne89 Centre Wolverton Road Castlethorpe Mlllon K&yne$ MK19 7ES William Barringer Charity R•¢•ipts and Payments Account Year ended 31 D•c•mber 2023 2023 2022 Total funds Total fvnds IUnTestrictedl {Unrestrictedl Note RECEIPTS Charitable activities Dividend income 25,431 io 22,260 Total income 25,441 22,289 PAYMENTS Expenditure on ¢haritable activities Other expendllure Totsl expfjndituro 10,032 375 22,930 10,37S 10,407 33,305 Nol in¢omo11oxpendituro1 15,034 111,0161 Rgconclllatlon of bank and cash balanc•1 Bank and ¢ash balance brou9hl forward 8ank and cash balanGg ￿rrI￿d forward 7,872 18,888 7,872 22,906 The statement of flnoncial activities includes all gains and1098e8 re¢ogn18ed In th8 year. AJI Income and expenditure derive from continuing acfjvllies. Th¢ notes on pages 7 to 8 forni part of thase financlal statements. William Barringer Charity statomènt of A$$ets and Llabilltles 31 Decernber 2023 2023 2022 Not• Fixed assets Tangible fixed assets Inve$lments 95,986 95,611 95,986 95,811 Current assets Cash at bank and In hand 22,908 7,872 Not currenl ass•t$ 22.906 7,872 103,483 Totsl as$•ts l•$¥ curront liabilltles 118,892 Funds of the charlty Unrestrictod fijnds 118,892 103,483 T¢)tal Charhy funds 118,892 103,483 Th se financial ststements were approved by the board of trubte•ts and authori8ed for isgue on and 8re signod on behalf ofthe board by.. r K Parklnson Tru8tee Mrs H Prenll¢e Trustee The notes on pages 7 to 8 forni part of thes• financial statements. William Barringer Charity Notes to th• Financial Statements Yoar ended 31 December 2023 Genaral infOnr￿10n The charity Is a public benefit enbty and a reglstered chaTIty in England and Wale8 and Is unin¢orporated. The 8ddTes8 of the principal office Is Meeting Farm, West End. Stevinglon, 8edfordshire, MK43 7QU. Charitabl• a¢Rivrties Totsl Funds Total Funds 2023 2022 All Unre$trictad Funds Contributions from Residential Beneficiaries Income from Rent of Land 13,080 12,351 11.520 10,760 22,280 25,431 Expendiluro on charitabl• activitlei Total Funds Total Funds 2023 2022 All Unrnsirlctgd Funds In8uron¢eg Ullllties Premises and garden upkeep Building repair$ and malntenancè National Association lor Alm8hou8e8 Admini81ration ond Bundry eo8ts Courses Secretarial 8èrvl¢es 1,922 1,233 4,003 1,787 163 305 240 379 1,681 1,114 2,341 16,541 156 253 844 10.032 22.930 Other exwnditur• Total Funds Total Funds 2023 2022 All Llnrestrict•d Fundj AddiUor* lo CMAF investment fund 375 10,375 William Barringer Charity Notes to the Financial Staternents (¢Onl1nt￿dJ Year ended 31 D•cgmb8r 2023 Tangible fixèd ass•ts As 0￿￿￿ned on page 1 of the TruBtees report, the charity owns 5 AJm$houses at Stewngton and 26 a¢re$ of land at Pavenham, which were created and bequeathed lo the charity under the terms of the wll of Willi8m 8arringer in 1632. The properties are consequently Cafried al nil Qosl and no formal valuation of the assets has been carried out. Inv•$tm•nt8 Listed investments Cost or valuation At l January 2023 Addhion8 95,611 375 At 31 DeGemb8r 2023 95,986 Carrylng amount At 31 December 2023 95,986 At 31 December 2022 9S,611 Th8 above Inve8tmonts ar• all held In the M&G Charlty Multl A8set Fund ai• shown at ¢08t. AS al 31 D8Gember 2023 the investments had o market valufj 01 £331,792 (2022.. £312,046).