## **Trustees’ Annual Report for the period**
## **From 01/04/20 Period start date To 31/03/21 Period end date**
**Charity name: Barlow Homes For Aged Persons**
**Charity registration number: 203035**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
Barlow Homes provides accommodation of 37
bungalows for elderly residents with links to
the local area of Oldbury. There is a community
hall on the estate that is used by the residents,
local community groups and for local elections.|||
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
There have been significant improvements to
the bungalows and estate over the last few
years to bring the properties up to a modern
standard. This included renovated new
kitchens and bathrooms, electrical rewiring and
other improvements required.|||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had regard to the guidance
issued by the Charity Commission on public
benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
|Policy on grant making|Para 1.38|
|Policy on social investment
including program related
investment|Para 1.38|
||Para 1.38|
|Contribution made by||
|volunteers||
Other
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
**----- End of picture text -----**
|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|A high quality of homes on the estate which
are popular and short periods of void lets.
The community hall is used for local
community groups and residents.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The final outturn as at 31/3/21 was a surplus of
£43,671 which was transferred into reserves. It
was not as high as budgeted due to higher
operational expenditure for repairs and
maintenance.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|There is no definitive policy but as a guide the
Trust looks to have at least 10% of its annual
rent income set aside in balances. The actual
level of balances as at 31/3/21 is significantly
above this level.|
|Amount of reserves held|Para 1.22|**£314,243.59**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Rental income from the properties is the main
source of income.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Independent Trust|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by Sandwell MBC|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|The Trust receives administration and
management support from Sandwell Council
officers. Sandwell Council manage the lettings
of the bungalows on the estate and ensure that
all costs and income are separately accounted
to the Trust.
The trustees meet with key council officers
approximately quarterly at the scheduled
Board meetings.
Decisions on the maintenance, repair and
improvements of the bungalows and other
estate issues are taken by the local trustee
councillors on the Board.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any
related parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name Barlow Homes For Aged Persons
Other name the charity uses
Registered charity number 203035
Charity’s principal address Sandwell Metropolitan Borough Council
Democratic Services
Oldbury Council House, West Midlands
B69 3BS
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Sandwell MBC Sandwell MBC PO
BOX 2374, Oldbury,
1
West Midlands B69
3DE
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
–
Corporate trustees names of the directors at the date the report was approved
Director name
**----- End of picture text -----**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
|**Legal and**
**Governan**
**ce**|Surjit Tour
Director Law and
Governance and
Monitoring Officer|Sandwell Council House, Freeth Street, Oldbury. B69 3DB|
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
Surjit Tour – Director Law and Governance and Monitoring Officer
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**Other optional information** ~~a~~
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Ellen Fenton **Position (eg Secretary,** Chair **Chair, etc)** Barlow Homes Management ~~e~~ Committee ~~e~~ **Date** 03/03/2022
## **BARLOW HOMES 2020/21 STATEMENT OF ACCOUNTS FOR THE YEAR ENDING 31st MARCH 2021**
**----- Start of picture text -----**
DESCRIPTION Final Final Variance Statement of Reserves
Outturn Budget
2020/21 2020/21
Actual Movement in
£ £ Bfwd year Cfwd
£ £ £
INCOME General Reserve (270,572.16) (43,671.43) (314,243.59)
Interest Receivable 0 (1,400.00) 1,400 (270,572.16) (43,671.43) (314,243.59)
Hire of Hall 0 (300) 300
0 0
Rents of Dwellings (134,883) (141,200) 6,317
Total Income (134,883) (142,900) 8,017
EXPENDITURE
Maintenance of Grounds 27,107 20,200 6,907
Treeworks 0 5,100 (5,100)
Response Repairs/Call Out/voids 50,165 44,400 5,765
Gas - Community Hall 642 1,000 (358)
Electricity - Community Hall 426 500 (74)
Council Tax - Void Properties 9 800 (791)
Water Charges - Community Hall 0 700 (700)
Internal Cleaning Recharge 0 1,200 (1,200)
Insurance Premiums 3,520 4,000 (480)
Printing 50 50 0
Postage 100 100 0
Community Alarms Line Rental 550 550 0
ICT hardware / software 942 0 942
Events / miscellaneous 0 1,000 (1,000)
Recharge from SMBC 7,700 7,700 0
Legal Charges 0 0 0
Total Expenditure 91,212 87,300 3,912
Deficit/(Surplus) to date (43,671) (55,600) 11,929
General Reserve bfwd (270,572.16)
General Reserve cfwd (314,243.59)
**----- End of picture text -----**
[IL0: UNCLASSIFIED]
## **Audit Statement**
I have checked that these accounts are a true and fair representation of transactions relating to Barlow Homes trust in 2020/21. It reconciled to the final ledger statements for Barlow Homes.
Sundeep Sangha – ACCA Accountant
Sandwell Metropolitan Borough Council
24/01/2022