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2025-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/24 Period start date To 31/03/25 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 and disabled
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
The Trust provides bungalow
accommodation for elderly and disabled
residents with links to Oldbury.
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.
https://www.gov.uk/guidance/public-
benefit-rules-for-charities

Additional information (optional) You may choose to include further statements where relevant about:

SORP
reference
Policy on grant making Para 1.38 The Trust does not undertake any social
investment activities, or a policy on grant
making.
Policy on social investment
including program related
investment
Para 1.38 The Trust does not undertake any social
investment activities, or a policy on grant
making.
Contribution made by
volunteers
Para 1.38 The Trust does not employ volunteers.
Other

1

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 by a local
dementia charity as well as residents.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 The Trust continues to provide quality
housing for elderly and disabled residents.
Performance of fundraising
activities against objectives
set
Para 1.41 The Trust does not undertake fundraising
activities and is funded from rents and
income from the rent of the community hall
to a local dementia charity.
Investment performance
against objectives
Para 1.41 The Trust has not made any investments
in the last financial year.
Other

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 The final outturn as at 31/3/25 was a surplus
of £84,447 which was transferred into
reserves. This was higher than expected due
to a reduction in repairs spend and interest
received on cash balances, offset by
increased voids costs during the year.
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 31/3/25 is
significantly above this level.
Amount of reserves held Para 1.22 £545,483
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
Para 1.23

2

charity continuing as a going concern

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

3

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 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

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

4

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
(if any)
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

5

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)

ditional information (optional)
Names and addresses of advisers (Optional information)
ditional information (optional)
Names and addresses of advisers (Optional information)
ditional information (optional)
Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)
Mike Jones - Assistant Director for Legal and Assurance and Monitoring Officer.

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

6

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) Ellen Fenton
Position (eg Secretary, Chair
Chair, etc) Barlow Homes Management
Committee
Date
19.1.2026
----- End of picture text -----

7

Appendix A

BARLOW HOMES 2024/25 REVENUE ACCOUNT FOR THE FINANCIAL YEAR 2024/2025

Budget
2024/25
Description Outturn
2024/25
Variance
Actual vs Budget
£
0
(300)
(162,900)
INCOME
Interest Receivable
Hire of Hall
Rents of Dwellings
Total Income
EXPENDITURE
Maintenance of Grounds
Treeworks
Response Repairs/Call Out/voids
Gas - Community Hall
Electricity - Community Hall
Council Tax - Void Properties
Water Charges - Community Hall
Internal Cleaning Recharge
Insurance Premiums
Printing
Postage
Community Alarms Line Rental
Broadband
ICT hardware / software
Events / miscellaneous
Recharge from SMBC
Legal Charges
National Non Domestic Rates
Total Expenditure
Interest Receivable
£
0
0
(155,463)
£
0
300
7,437
(163,200) (155,463) 7,737
26,550
3,000
48,000
1,500
1,500
800
700
1,200
8,000
50
100
600
1,000
100
500
8,700
0
600
26,314
0
37,190
2,474
2,761
0
1,270
984
9,253
50
100
0
1,567
0
925
9,600
1,000
349
(236)
(3,000)
(10,810)
974
1,261
(800)
570
(216)
1,253
0
0
(600)
567
(100)
425
900
1,000
(251)
102,900 93,837 (9,063)
0 (22,821) (22,821)
(60,300) Deficit/(Surplus) (84,447) (24,147)
Statement of Movement in Reserve
Balance at 1st April 2024
Surplus in Year
(461,036)
(84,447)

Balance at 31 st March 2025 1545,4831