## **Trustees’ Annual Report for the period** ## **From 01/04/22 Period start date To 31/03/23 Period end date** ## **Charity name: Barlow Homes For Aged Persons** ## **Charity registration number: 203035** ## **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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **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: |||| |---|---|---| |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 31/3/23 was a surplus of
£59,133 which was transferred into reserves.| |---|---|---| |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 31/3/23 is significantly
above this level.| |Amount of reserves held|Para 1.22|**£441,286**| |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** |Charityname|Barlow Homes For Aged Persons| |---|---| |Other name the charity uses|| |Registered charitynumber|203035| |Charity’s principal address|Sandwell Metropolitan Borough Council
Democratic Services
Oldbury Council House, West Midlands
B69 3BS| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Sandwell MBC|Sandwell MBC PO
BOX 2374, Oldbury,
West Midlands B69
3DE||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** 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)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |**Legal and**
**Governan**
**ce**|Vanessa Mahersmith
Legal Services
Manager -
Governance and
Regulatory|Sandwell Council House, Freeth Street, Oldbury. B69 3DB| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Ellen Fenton|| ||

Chair
Barlow Homes Management
Committee|| ||24 January 2024|| ||24 January 2024|| App•ndix A BARLOW HOMES 2022123 STATEMENT OF ACCOUNTS FOR THE YEAR ENDING 31st MARCH 2023 Budg•t Actual Spend Varianc• Budget D•scription 2022123 2022123 2022123 2023124 INCOME 16001 13001 154,000 J,CIOOI Interest Rec￿Vable Hire of Hall Renls ol Dwellin Total In¢ome 110.1531 11(K>l 146,267 1155,i201 19.5531 200 7,733 {6001 13001 154.000 EXPENDITURE 25.300 5.100 44,400 Maintenance of GroLmds Treeworks ReskX)nse RepaIr￿Call Ouvvoids 29.769 4.469 15.1001 17511 26.59) 5.350 46,600 43,649 1.000 500 Gas - Comtllunity Hall Electricty. ComrYMJnty Hdl Cwncil Tax- Voky Properb"es Water Charges- Conynunity Hall Inlemal CleanirKJ Recharge Insurance Premiums Pnnting Postage ComnMJnty Aarms Line Rental Broadband ICT hardware I software Events I miscellaneous Recharge from SMBC Legal Charges National Non DorTEsts"c Rates Total Exp•nditur• 1.040 1.732 743 302 965 7,101 50 100 561 1.773 40 1232 1571 13981 12351 18991 1.500 1.SJO 800 700 1.200 8,400 700 1,200 8,000 100 550 300 300 1.WO 7,800 100 600 1.473 13001 15901 300 1.C4JO 8,200 410 8,640 553 97.387 553 287 6CMJ 104.200 97.100 157,8001 Defi¢itllSurplusl to d*e 159.1331 11.3331 150.7001 1382,1531 1439.9531 General Reserve bnwd 1382,1531 1441.2861 1441,2861 1491.9861 General Reserve cMd 11.3331