The College of St Barnabas The College of St Barnabas Report of the Council for the year ended 31 August 2024 Contents Foreword by the Visitor Who's Who Members of the College Council Chairman's Preface The College Vision 2024 and onwards Fundraising Review of the Year 13 The College Chaplaincy Structure, Governance and Management Public Benefit 16 19 Statement of Trustees, Responsibilities Financial Review 20 21 Report of the Independent Atjditors Financial Statements for Year end 31 August 2023 26 Investment summary 45 23 8aGk cover, Canon William Cooper, Founder of the College Registered Offi¢g.' The College of St Bamabas. Blackberry Lane, Lingfield. Surrey, RH7 6NJ Company Number.. W061253 IEng & Walesl Charity Number: 205220 Phone.. 01342 870260 Thel￿11¢￿Df St Barn&ba5 One of the particular pleasures afforded me as Visitor of the College of St Barnabas is to attend quarterly for Evensong and to meet with residents and staff. The word college comes from the Latin collegium which for the ancient Romans was a society of common bonds for a mutual aim. St Barnabas was founded to allow clergy to retire after their long labours into a community which is more than board and lodging. It is as the name, St Barnabas, Indicates a place of consolation and care and encouragement. It is a place of rest, prayer and study. I pay tribule to Iruslees and staff that these constant aims are upheld for today's residents with good purpose as they were for clergy al the end of the nineteenth century. Matters of care and funding remain complex and at the national level are, as yet, unresolved. l express appreciation to those moving on having served so well, not least the chair, The Revd David Williams J. P. and l am delighted that The Venerable Stephen Taylor, currently Priest in Charge at Sl Mary, Battersea, will succeed him. l assure the whole College community of my prayers and blessing. The Right Reverend Christopher Chessun rhe Bishop of Southwark & Visitor for the College of St Bamabas Reglstered Offlce: The College of St Bamabas, Blackberry Lane, Lingfield, Surrey. RH7 6NJ Company Number.. 00061253 (Eng & Walesl Char5ty Number.. 205220 Phone: 01342 870260 Th￿c￿￿OI St Barnabas Who's Who (as of May 2025) Visitor Bishop of Southwark, the Right Reverend Christopher Chessun (ex-otricio) Patrons Archbishop of Canterbury (ex-officio, position vacant) Archbishop of York, The Most Revorend Stephen Collrell (ex-officio) Archbishop of Wales, The Most Reverend Andrew John (ex-officio) Lord Lieutenant of Surrey, Mr Michael More-molyneux (ex-officio) Right Reverend and Right Honourable Lord Williams of Oyslermoulh Reverend Les Isaac Founder of Street Pastors and Ecumenical Canon, Southwark Cathedral Bishop of Croydon Dèan of Soulhwark Right Reverend Rosemarie Mallelt Very Reverend Mark Oakley Right Reverend Stephen Plalten Right Reverend Marlin Warner Formerly Bishop of Wakefield Bishop of Chichester Members of Council Reverend David Williams JP, BA (Honsl, MA, Dip Lib, FSA, FRSA (Chairman) retired AGM 2025 Venerable Stephen Taylor MBE (Chairman Designalel From AGM 2025 Venerable Moifa Aslin BA, MA (Ex-officiol Pelef Beynon BA, CEng, MICE. Retired AGM 2025 RIGhard Diggory BA {Honsl Alexandra Ourrant, FCA Reverend W. Jane Edwards Cert. Ed. Dip Couns, BA IHonsl, MA Dr Ursula Hodges MA, PGCE, MBBS, Bsc IHon8} Reverend David Ivorson MA (Oxonl Rulh Martin, Lay Canon, BA (Honsl, MA {Treasurerl Sally Marlin Bsc, SRN Dr Eileen Phillips MD, FRCP, MBBS, Bsc IHons}, Phys Educator Reverend lan Whitley Secretary to the Council Monty Erskine BA, MBA. MSC. Re91Ste￿d Offlce.. The College of St 8am8bas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number.. 00061253 IEng & Wales) Charity Nurnber.. 205220 Phone: 01342 870260 < st B¥rngbas Members of the Council Reverend David Williams was Clerk lo the General Synod of the Church of England and Head of the Central Secretariat of the Archbishops, Council LJP to his retirement from the National Church Institutions in 2011. He was subsequently Vicar of four village churches and Area Dean of the Vale ol While Horse in south-west Oxfordshire until 2019 when he retired to Dorking. He ha- been a memberlchairman of several trUst￿e bodies, and a magistrate since 1986. (Retired AGM 2025) Venerable Stephen Taylor began his ordained ministry in the Durham diocese. Latterly being the Provost of Sunderland Minster before moving to be Archdeacon of Maidstone in the Canterbury Diocese. After a brief period of being Senior Chaplain to the Bishop of Dover and local Chaplain to the Archbishop, he became Canterbury's Diocesan Secretary. Currently he is the Interim Minisler at St Mary's Battersea and later in 2025 will be offering sabbatical cover in the Truro diocese. He is a Commissioner at the Lansdowne Club in London and a trustee of a charity supporting the Diocese of Ihe Rift Valley Tanzania. He also chairs the charity the European Christian Environmental Network. Venerable Moira Astin is Archdeacon of Reigale. The Archdeacon is appointed by the Bishop of SouthiNark as an ex-officio rTiember of the Council. Peter Beynon is a Chartered Civil Engineer who was employed on major projects in the UK, Portugal, Upper Egypt and Mexico, and in design and construction coordination roles for the London Olympics. He is ch4Jrchwarden Df the church of Sl. Peter and Sl. Paul Lingfield. (Retired AGA4 2025) Richard Diggory spent his career in the financial s&pJices sector, the majority of il al the Bank of England In retirement he was for len years a Trustee al 8urrswood Health and Wellbeing. His wife Sue was Vicar of Holy Trinity, Crockham Hill for seven years, and they now live in Groombridge. Alexandra Durrant Alexandra Dufrant is a chartered accountant. Until retirement she ran her practice In East Grinstead, providing audit, tax and accounting services lo clients. She now focuses her time on training and consultancy. Alexandra is a member of the parochial church COLincil ol St Swithun s Church East Grinstead and in April 2023 became treasurer for the church. She is a Iruslee for a number of local charities. Reverend Jane Edwards has Permission to Officiate in Rochester Diocese, where she is Bishop s Advisor for Retired Clergy, having retired herself from full-time parish ministry in 2018. She is on the Vocations Team and offers Spiritual Accompaniment. She previously worked IE) counselling, supervision and leaching in a variety of settings including medical and educational. She is married to a retired GP. Dr. Ursula Hodges trained in anaeslhelics and was a lecturer with the University of London. She then worked as a school leader in secondary schools with responsibilititss including sixth fom progression into university education and increasing female participation in and uplake of STEM courses. She is a Licensed Lay Minister al St Ar)drew's Church, Ham with roles on local, regional and national Church of Englan4 committees and charity trusteeships. Reverend David Ivorson's secular career was in finance, for many years al Commercial Union, where he was Financial Coniroller. After taking early retirement in 2001 , he was appointed Bursar of Lady Margaret School. He was ordained in 2008, and since 2011 he has been Chaplain of Whittington College. R•gl$t•rgd Offic8: The College of St Bamabas, Blackberry Lane, Lingfield, Surrey. RH7 6NJ Company Numbèr.. 00061253 (Eng & Wales) Charity Number.. 205220 Phone: 01342 870260 IL st BarTiabas Ruth Martin retired as the Diocesan Secretary in the Diocese of Southwark in September 2023 and currently works part time as the Bishop's Lead for Strategic Development including Property Strategy. Prior lo this Ruth worked in the City in financial regulation and ethics as Managing Director of the Chartered Institute of Securities and Investment. She is a Lay Canon of Southwark Cathedral. Sally Martin is a retired nurse, having worked in burns and plastics, and dislrict and practi￿ nursing., and was deputy, then nursing manager of Burrswood Health and Wellbeing, taking particular interest in palliative care. She is Ghurchwarden of the church of St. Peter and St. Paul, Lingfield, and a pastoral visitor. Dr. Eileen Phillips started personal consultant-led Gastroenterology and Endoscopy at Redhill Hospitals, 1975-2008. Elected University of London quality and training representative on Area Health Aulhority until 1980. Latterly Director of 13 Medical specialities at East Surrey Hospital and Regional Adviser lo the Royal College of Physicians. Married Dr. John Gayford, consultant pSYchiatr￿St, who was ordained in the Church of England on retirement and is now assistant priest al Sl. Mary's Church East Grinstead with PTO in the Dioceses of Chichester and Southwark. Reverend lan Whitley was a police officer for 30 years in the Metropolitan Police Service. After retirement in 2013, he spent four years as Parish Missioner at All Saints Weston Green during which lime he trained as an Ordained Pioneer al CMS and Ripon College Cuddesdon. He was ordained in 2017 and after serving his curacy at All Saints Banstead, he was appointed incumbent of the United Benefice of Lingfield and Dormansland in 2021. Registered Offle•- Thé College of St Barnabas, Blackbery Lane, Lingfield, Surrey, RH7 6NJ Company Numb•r: 00061253 (Eng & Wales) Charity Number: 205220 Phon•: 01342 870260 ThEC01￿geoI St Bamaba$ Chairman's Preface This Preface to the Annual Report, reflecting the third year of my Chairmanship, is written towards the end of my term of office. and I would like lo lake this opportunity of reflecting both on the year in focus and on the whole four-year period covered by my tenure. I do so on behalf of the Council and the senior staff team who have continued to give me their warm friendship. support and encouragement throughout my time, for which l am irnmensely grateful. Building on the Council's Vision This year we have built upon the new Vision for the College, which originated at the Council's Away Day in March 2022 and was formally adopted by the Council later that year. In 2022 we extended the residency qualification al the College from communicant Anglicans to Christians of all denominations recognised by Churches Togethef in England, and we are now welcoming members of different Christian churches as residents. We continue lo maintain our Anglican foundation, and we believe that we are enhancing this through offering ecumenical hospitality. The Council mel for a further Away Day in May 2024, to take stock of the Vision and to consider ils future development, as well as helping lo build the Council's communal and spiritual life, and to gain a sense of the wider context of church and society in which we seek to operate. We were inspired by a keynote talk from our new ecumenical Patron, the Reverend Les Isaac (founder of Street Paslorsl who encouraged us to develop organically a diverse and outward-looking community, with a heart for inter-generational engagement with the wider community. 11 has indeed been a pleasure, for example, lo see how local schools have already begun to interact with the College community. Financial focus In her Treasurer's report Ruth Martin gives a financial overview of the year in focus and a picture of the Council's financial strategy. Suffice il to say that the year in focus has been one of reasonable financial stability and enhanTrd financial monitoring and reporting. Effective governance In September 2023 the Council agreed a number of changes to its committee structure and pattern of meetings, as part of a programme of making our governance more effective and fil for purpose. In particular, it was decided to merge the Finance and General Purposes Committee and the Fundraising and Marketing Committee to form a new Finance and Fundraising Committee. The new committee, which met for the first lime in November 2023 was thus able to consider issues of financial Registered Office: The College of St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Cornpany Number= 00061253 (Eng & Wales) Charlty Number: 205220 Phone: 01342 870260 Thtc￿* St Barnab?s and fundraising stralegy in a more integrated way", and it endorsed the report of a fundraising strategy review Ithal the Council had commissioned from the consultan¢y Action P5anningl. which re- positioned fundraising at Ihts heart of the CounC￿l,S policy making and stewardship of resources. In 2023 the Council also re-configured the pattern and modlis opeiandi of its meetings and that ol its committees, so that there are now three (inslead of fourl meetings per annum. with the committee chairs aoquiring an enhanced role in monitoring and oversight of their respective areas. Agendas for meetings have been re-slruGluied to give them a sharper focus. and there is now a clearer distinction beknieen Irustee and management responsibililies In September 2023, the Council appointed Richard Diggory as Vice-chairman., and I would like to thank Richard for the sleiling support which he has given, both in this role and as convenor of the new risk reference panel (including the committee chairs) whifjh is putling In place a new risk management regime for the College. Our energelic and enterprising CEO Monty Erskine is contlnuing to reform the Colloge's administrative and IT systems, management structure and staffing, and he describes these elsewhere in this Report. Monty has also been very èffective in engaging with Ihe residents Ihrougb regular channels of omrnlinicalion, particularly the monthly residents, meetings in which individual CoLincil mernbers regularly engage. Care and welfare Dr. Eileen Phillips retired from the Care and Welfare Committee with effect from the 2024 AGM, although she remains a valued member of the Council. She w35 succeeded as Chair by the Reverend Jane Edwards, an experienced member of the Committee who also holds the particular brief on the Council for safeguarding matters. With Jane's encouragement the Committee has focused much of ils attention this year on the Care Quality Commission's key assessment criteria for residential care homes, and tho Iruslae inspections whi¥h ar• an integral part of demonstrating our effective Scrutiny. The high standard of care provid by the care wing Staff has now been Ljnderpinned by the new and very effective Logmycare IT system. We have also been considering the possibility of providing domicili3ry care for those residents In the cloisl&r flats who need additional support," and we are pleased that when cloister residents are no longer able to look after themselves. Ihey do not have lo leave the College but can move horne to the care wing. This Is one of the distinctive and mLJch valued features of the College of Si Barnabas. Enhanced presentation and publicity The Standing Committee s remit has been widened lo inc14Jde marketing and publicity. The Committee is overseeing the implementation of the report on markeling slralegy that was commissioned from the Sue Land consultancy, which has included adopting both a new logo and a new strapline for the College (the love of Christ at the heart of r&tiren7enll, enhancing the décor and lighting of the College, introducing new signage and re-designing the website. We are now turning our 8ttenlion lo upgrading our access and security, and the further iinproveinent of the College estate. We have begun to burnish our links with kindred bodies, and Monty and I recently spent a day al Whileley Village, discussing mallers of mutual Interest with the CEO and Finance Director of the Whiteley Homes Trusl. We have also reached out lo the local community through Heritage Open Days, which have proved very popular. Renewing links with dioceses and furthering contact with our Patrons will be our next objective. R•gi$tered Offi¢e- The College of St Barnabas, Blackbery Lane, Lingfield, Surrey, RH7 6NJ Company Numbèr. 00061253 (Eng & Wales) Charity Number- 205220 Phone.. 01342 870260 '{ si BaTrnabas Hail and farewell Al the AGM In May 2024, RLlth Martin succeeded Marlyn Williams as Treasurer and Chair of the Finance Committe=, having joined the Council land the Finance and Fundraising Commitleel the previous year. Ruth was formerly the Soulhwark Diocesan Secretary, and her wide-ranging experience of finance and property m8tters in a range of senior management roles has 31ready been of great value to the College, especially in developing Ils strategic fioancial planning and reporting. I n May 2024, Alexandra Durrant, a locally based charterod accountant who Is also an almshouse trustee also joined the Council and the Finance and Fundraiiing Committee and has beeT of considerable assistance in scrulinising the detailed monthly rnanagemenl accounts and the annual accoLinls. Paler Beynon relireg frDm the Council at the AGM in May 2024, after eight years of much-valued service. Peter has done sterling work on the Finance and Fundraising Committee, and with his professional background in civil pngineering has been of p8rtiCLJlar assislance with matters relating to thè College buildings and estate and ils physical infrastructure. We now welcome as a co-opled member of the Commiltoe. Eric William50n, a seniof building suTreyor who work) Wlth the Diocese of Southwark, and we are glad that he will be able lo share with us his expertise on property matters. Passing on the baton It is now lime for me lo hand on the chairmanship of the Council, having served for my a11otled term of three years plus a further year lo help see our new TreasiJrer Ruth Martin well established in post. My period of office h38 seen both challenges (particularly with my COVID-clouded first yearl but also considerable opportLinilies,' and l am encouraged that the College Is in good heart and is lookiyg onfidently and faithfully towards the future. 11 has been a privilege and honour to serve the church In this bpecial place. It is will great pleasure that we welcome as my successor Canon Stephen Tèylor, who has a distinguished record of being successively Provost of Sunderlsnd Minster, Archdeacon of Maidslone ancl Diocesan Secretary of Canterbury. He brings much relevant experience lo the role. He has a heart foi the College and a strTrng sense of vocation, and l am sure that he will carry forward the vision and extend the outreach of the College. A community inspired by St Barnabas The wider community of the College of St Barnabas encompasses residents, their family and friends, Trustees, staff, members of the Friends and other volunteers. visitors, and those who support the College in many different ways. It is a fellowship which has been richly blessed with the love of Chrisl at the heart of retirement for the past 135 years. All those who form this unique comrnunily are united in a common vision, which is to honour and develop the original concept of Canon Cooper," to provide holistic care in a Christian environment., to rrodel principles of creation care and stew3rdship', and lo make best use of our historic buildings and estate for the welfare of 811 who make the College their home_ Al the heart of this is the spiritual life of the College, expressed in worship and prayer, and in word and Sacrament Our patron saint is Sl. Barnabas, who gives us a model of Christian ministry and outreach, bul above all inspires us with the gift of encouragement. May this quality always be a hallmark of our community life and our service in the name of Jesus Christ. Rev David Williams Chairman Regist•r•d Officè.. The College of St Barnabas, Blackb¢rry Lane. Lingfield, Surrèy, RH7 f NJ Company Numbèr: 00061253 (Eng & Wales) Char6ty Number- 20522Q Phon&- 01342 870260 St Barnabas 10 The College Vision - 2025 and onwards In the Summer of 2022, the Council confirmed its lon9-lefm vision, setting out four areas of focus that will define the College's future. Realising our vision is an exciting challenge organisalionally and finaocially, and we are starling lo transition from 'having a vision, lo developing plans. The vision has four elements, each of which address a different facet of the College's life. Wo will honour and develop our founder Canon Cooper's original charitable purposes, underst3nding that while the Lircumstances that he found have changed. there are sim.ilar needs among potential resident groL4PS that our charitable mandate Impels us to address. In 2024, in the face of continuing rising pressures on personal finances we saw more potential residents whose financial resources were no longer able lo support them. Getting iword of the College out into the appropriale communities Idioceses, parishes, re*iremenl teams elcl Is now more Important than ever as OLir assessment is that this need will increase in the years ahead, The College aspires to become expert at addressing ageing issues in a Christian environment. We aim to be a centre ol learning, modelling this 5earning through our setvices. We providij holistic oare in a safe environment and the well-being of residents Is our main concern. In 2024 we have continued the long-term work of developing. events. services and activities for College residents. As the average age of our cofnmiinily rises we are particularly keen to make exisiing and new service> accessible lo those with mobility ISSLies. A focus has been on ensLiring worship Iin all its forms) is accessible lo all, and lakes place not just in the College Chapel. but In space) that are open to those who cannot easily use the Chapel Creation care and stewardship are an integral part of our operation. We do this because it is the r1ghl thing lo do for reasons that can be articulated In both spiritual and secular terms. The implications of this objective are apprèciated by residents, staff, and stakeholders alike. In 2024 we have laiinched a number of initiatives lo reduce and control consumption, deal with wast and reduce our overall carbon foolprinl. These have included the roll-out of recycling routines covering all areas of College i esident131 and operational life, the gradual replacement of Ifadilional lights with LED and participation in Surrey County Council's '1.2 Million Tree strategy. Our estate and bL5ildings haye value and are a Yiablo base from which to develop our Se￿l¢e5. We seek lo develop and conserve what we have with Innovation and crealivily, ever mindful of our resident) needs. As the four elements of the vision outlined above lake shape they will feed into our plans for the buildings and estate. However, before making changes to the building, we need lo confirm whal's needed in order lo provide the better services we have identified, and what those changes will look like if done in an environmentally responsible manner. This means that developing the building and eslale comes last,. however, we can begin lo sound out stalulory and profession21 bodies. Meeting the vision, especially the buildings element, will involve a major capital fundraising campaign, and this will be a focus for the Council in 202&6. Please gel in touch with the CEO Ichiefexecutive@collegeofstbarnabas.com} if you have questions about the vision or our plans Règistsred Office.. The College of St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Nurnber: 00061253 IEng & Walesl Charity Num￿r. 205220 Phone: 01342 870260 L SL Bamabd$ Fundraising The College is a fundraising organisation but does not have an endowment. In order to be able to provide our day lo day services to residents we rely on the generosity of individuals, churches and granl-making bodies. We are fortunate lo have our full-time Fundraising Manager, Mike Herbert, who coordinates all of our fundraising efforts. Thank you to all those who have supported us this year., we could not have looked after our residents without your help. A highlight of the year saw our enterprising Activities Coordinator, David Jack, who undertook a sponsored Wing Walk (the airborne theme in keeping wilh the previous year's sponsored skydive) which raised £12,000 for the College, with a particular focus on the staff who look after the residents so diligently Another achievement was the successful fundraising for a significant community project designed to give computer training lo elderly residents in the College and local community. This application has involved a significant research, planning and coordination effort by the Fundraising Manager, liaising with local Dormansland community groups. The funding arrived in 2024, and the year-long project is scheduled to begin in the Autumn of 2024. This represents a new type of initiative for the College and brings both the Chan￿ to engage better with the local community as well as a responsibility lo deliver the programme. Over the rest of the year, we ran another successful Christmas appeal, and we are grateful for the support of all those individuals who give by standing order and who responded generously lo appeals during the year. Alongside individuals and churches, the College was supported by a number of trusts, listed below. Over the course of the year, we benefitted from a number of legacies, and the Fundraising Manager continues to advocate the option of legacies to our supporters. After discussion of the Action Planning Fundraising Review in last year's Annual Report the implementalion of the recommendations has been considered by the new Finance and Fundraising Committee. Progress has been informed by a cost review of the College, work that was completed in the Autumn of 2024. The Committee, CEO and Fundraising Manager are now in a position to develop a full Fundraising Strategy that incorporates the Action Planning recommendations. Registered Office: The College of Sl Bamab8s, Blackberry Lane, Lingfield, Surrey. RH7 6NJ Company Number= 00061253 (Eng & Wales) Charity Number: 205220 Phone= 01342 870260 Th¢C￿￿Et0[ St Barnaba5 12 We thank all those individuals, churches and grant-making trusts and bodies who have supported the College and individual residents over the year. Except for those bodies who have asked not lo b listed, our grant and church donors are listed below. Trust and PCC supporters 2023124 The Calerham Valley Parish Hall Co Ltd The Clergy Support Trust Holy Saviour West Croydon PCC Holy Trinity Crockham Hil,. PCC The Fulmer Charitable Trust Kirkby UndepNood PCC The Beatrice Laing Trust The Royal Chapel, Windsor Great Park The Olenheim Charitable Trust The Unrted Benefice of Elland The Loseley Christian Trust The Rooles Charity Trust Sl. Augustine s Bolton PCC St. Clemer)t Leigh PCC Sl. Giles ShipbDLJrne PCC Awarcls for Al St Alban Great I Iford Tiiisl Erica Leonard Trust 51 James Ireby PCC The Tuflon Charitable Trust Sl James Newbold de Verdun PCC Nias Wh&311ey Charitable Trust St John the Baptist Royston PCC PF Charitable Trust Sl John w Sl James & St Paul Plumslead PCC Alton Abbey Sl Lawrence Willington PCC Society of St Margaret St. Michael's Horton PCC The Community of the Holy Cross St. Mary s al Lallon PCC Sl. Mary the Virgin & All Saints Potters Bar PGC All Saints, Dingley PCC Sl. Mary Winterhourn* Gunner PCC All Saints Braishfield PCC St. Michael & All Angels 8unwell PCC Sl. Michael & All Angels Withyham PCC Sl Peter Hever PCC All Saints Chigwell Row PCC Boxford PCC Chaceley PCC St Peter & Sl. Paul Edenbridge PCC Christ Church Chorleywood PCC Christ Church Waterloo PCC Christ Church Waltham Cross PCC Cublinglon PCC Hever PCC Higham with Merslon PCC Reglst•r¢d Offi¢e.' The College of St Barnabas, Blackberry Lane, Lingfield, Sur¥ey, RH7 6NJ Company Numbèr= 00061253 (Eng & Wales) Charlty Number- 20S220 Phone- 01342 870260 St Barnabas 13 Review of the Year Over ihe year we have concenlraled on meet1ng the Council's objectives while dealing with constant financial headwinds Our hard working ?laff team have risen lo the occasion and over the course of twelve months have cared for existing residents, welcomed new ones, upgradpd and refurbished large afeas of Ihe College and sel up and learned to use new software and operational systems. Ali this has been done with a firm control of expenses that has meant, in some cases. smaller staff teams working ID tighter schedules Outside Ihe College, a local firm built an all-weather accessible path through the woods, funded from Robert Raikes 2023 parachute jump,. and we commissioned and installed a rarTrge of nevv exterior signage, starting with the main entrance sign showing our new strapline, 'The Love of Christ al the Heart of Retirement,. Vde also continued lo fedecoiate Ihe exterior cloister woodwork, and by the end of the year both cloisters had been repaired and repainted, continuing tho work to iwprove thè extefior appearance of the buildings. Inside the building. the Eslales Team worked hard to refurbish and redecorate rooms in the Cloisters and Care Wing. We have now refurbished a majorily of flats incljjding, where necessary, Jpgrading bathrooms. Led by the Operations Manager we have now reviewed and replaced a numbef ofbehind- the~scenes support systems (consumables, procurement, lighting) that have resulted in significanl cost efficiencies. In last year's Annual Report. we commented on our wish lo develop Home Care services for supported living resideills, and this is still our intention Ihoiigh plans were not finalised during the year. The Care and Wolfare Committee are now overseeing this planning, and we expecl lo have made Progress in 24125. Resident Life With the disruptive Ihfe8t of Covid behind us. we continLied to rebLiild the range of aclivilies that make up daily life for residents. Over the year tho staff leaffl, the Friends. residents themselves and family and friends supported a wide range of weekly and one-off activities. These inGluded music". fortnighlly piano recitals in the Autumn and Winter of 2023, one-off harp, guitar and recorder concerts and Ihe resident run monthly 'Music lo the Ears, sessions, along with regular visits by a local church ohoir lo support ¢horal evensong. Once again we were delighted to welcome Dormansland School pupils lo sing Caiols al Chrislma8. Social and community events were run regularly by tho Friends of the College charity, and these included evening 'socials', regular clothes exchanges, hand-pampering sessions and more. We are very grateful to the members of the 'Friends' who provide a key support lo residents across activities. visits and last bul not least by undeDNriting Ihe purchase of equipment used by ¥esidents. They also ran the annual Autumn Fair where the local community meet to enjoy lourg of the College, stalls and refreshments. We continued lo run the normal range of monthly film, music and poetry meetings, and our fortfiighlly 'exlend' exercise classes were assessed and expanded lo offer sessions for Care Wing residents as well as supported living residents. The twice weekly iaxi service was well supported, and Care Wing residents especially enjoyed their weekly visits from Rosie, our PAT dog. The College shop has continued operate each Mond8y SUPPOrting those residents who find getting out to the shops loo difficult. Registered Office.. The College of St Bamabos, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number: 00061253 IEng & Wales) CharSty Number: 205220 Phono: 01342 870260 Thrcollcgttsl Y. st Yarnabas 14 Our engagement with U3A involved leaching chess and croquet, with residents enjoying the chance lo welcome members of the local community into the College and impart some ol their enthusiasm and knowledge. This year a resident and staff group allended the Oormansland Carnival, and after an absence of several years were able lo spread the word of about the College lo the local community. 11 was interesting ID meet so many local residents who didn't know that the College was just across the railway from the village, and we will make sure that our participation in local events is now routine. There were two other events that residents enjoyed. First Ihe Summer BBQ for residents and staff and their families, put on by the College in June. Second was the Open Day that saw a great turn out of local visitors who enjoyed tours of the College, displays of vintage cyc5es and cars. stalls 3nd the official opening, by Robert Raikes and the Chairman, of the woodland path, We give thanks for the lives of the following residents who have passed away this year., Nora Cleaver, Michael Johnson, Donald Maxfield, Vi Johnson, John Triieman, Jean Lorrimer, Jean Forshaw and Frank Gough. We also said goodbye lo Mary Watts who moved to Ihe south ¢oasl lo be nearer family. Over the year we welcomed Paul Baker. Slisan Campbell, Victor de Waal, lain Forbes. Andrew Hamilton, Shiona Monfries, Sue Bailey (who later in the year moved to Andorra lo be nearer family), Margaret King, Ann Treen, Diana Bolton and Trevor Crowhurst to the College. Staff, management and operations The year saw the development of thè Senior Leadership Team consisting of the CEO. Deputy CEO (post now vacantl, Registered Manager and Operations Manager. This team is designed lo give more focus lo the delivery of College objectives and rneets weekly lo assess budget and delivery iss4Jes. This grouping coincides with the arrival of the new Treasurer. Ruih Martin, ané a wish lo achieve a clearer focus on delivery and productivity. Al the start of the year, we welcomed Emmanuel Eyiolorunse as Senior Carer, and towards the end of the year, we welcomed Emma Kaufmann as the new College Administrator. replacing Elisabeth Gibson A new post was developed during Ihe year, Operations Administrator, and was filled by Angela LeRiche. The post is designed to offer the same support lo the Ops Team that the College Administrator and Deputy Manager give lo the Admin and Care teams respectively. During the yèar we introduced a new di91tal phone syslern for the staff team throughout the building, the final piece of software development for the lime being. The Care Wing Registered Manager Suzan Jack and her team have again delivered excellent care over the year, looking after a range of residents with differing needs, and getting lo grips witil the new Log My Care software. The College is finding that we are welcoming residents into the Care Wing who have, on aveiage, a greater need for personal care, and this can mean higher staff to patient ratios and 3 higher workload. Our thanks lo the Care Wing leam for managing these changing and sometimes difficult circumstances. Registered Office- The College of St Barnaba5, Blackberry Lane, Linglield. Surrey. RH7 6NJ Company Nurn￿r-. ￿061253 (Eng & Walesl Charity Number- 205220 Phone= 01342 870260 L st Bgrnaba$ The College Chaplaincy Chaplaincy Team and Duty Chaplains The Chap13incy operates at thp College seven days per week. with the full time Chaplain, Rev Derek Chandler on sile Sunday lo Thursday Inc5usive. In the absence of Ihe Chaplain, a voluntary team of assistant chaplains exists among the residenls. The provision of assistant chaplains means that a Duly Chaplain Is available each day and night via a mobile phone nL4mber clearly displayed on the College noticeboards. We are most grateful to those residents who h3ve volunteered to support the Chaplain as assistants_ This team depends on Ihero being residents willing and able lo volunteer, and this cohort will v3ry depending on the current resident population. Ideally this team vrfill consist of both men and wornen, ordained and lay. Over the last two years we have found that fewer women have been available to seDJe, and we look to fopNard to new 3rrivals redressin9 this imbalance. The Chaplain meets regularly with the assistant chaplains. Worship at the College of St Barnabas In 2023-2024 the Chaplain continued to plan and oversee worship al the College. now on 3 pallern of two services a day between the two chapels, with the evening service moved lo the earlier lime of 5pM This change was designed to allow Care Wing residents and staff more time lo allend worship without interfering with evening mèal 2nd bedtime routines. These two stsrvices run alongside a schedule of prayer meetings, Songs of Praise and festival services. We have also been pleased to welcome Bishop Christopher lo evensong four limes a year. Alongside weekly worship routines. the Chap58in has continued lo consider and develop ideas for worship, thinking about how we serve a community of residents who are Increasingly less able to access the chapel. how we will serve residents who come from a non-Anglican background, how we develop a standard College Iilurgy an4 how we will develop forms of woiship that might take place In olher parts of the building. Theie ideas have been run past residents al monthly meetings. The Chaplain and Assistant Chaplains have also been responsible for delivering spiritual care and pastoral support lo residents, and foi encouraging those residents who seek to maintain their ministry within the confines ol the College. The Chaplain also serves as the Croydon Epis¢op81 Are,a Clergy Retirement Officer, and as well as providing a service lo the Diocese this role allows the Chaplain, and so the College, to understand the needs of retiring clergy. Programmes for Residents During the year the Chaplain has continued to source and develop courses and programmes in direct support of our aim lo provide our Christian residents with an engaging and thought-provoking environment. These have included programmes under the heading of 'The Th8ology of Ageing,, as well as Lent Creation Care courses. Registered Office.. The College of sr B8rnab8s, Blaekberry LanÈ, Lingfield, Surrey, RH7 6NJ Company Number: 00061253 IEng & W81851 Charity Numbèr- 20522Q Phone- 01342 870260 . St Barndbas Structure, Governance and Management Function and Constitution The College of St 8arnabas was incorporated on 1 Oth March 1899 as a compan Ji Iimiled by guarantee not having a share capital. The liability of the Members of the Association on winding up is limited lo £10. The Company is governed by ils Memorandum of Association, which was 18St amended by Special Resolution on the April 25, 2022, and ils Articles of Association. The objects of the Charity are lo provide a permanent home for clergy of the Church of England and of Churches in full communion with It, clergy spoiises, licensed Church Vvorkers and members of all churches which are members ol Churches Together In England In accordance with these objects there are sheltered flats for LIP lo 8 couples and 21 single or widowed people, and 27 care rooffls which are registered with the Care Quality Commission. The activities of the Company are directed by the Council, the members of which, apart from its ex officio and d&alegate members, are elected by the Members of the Association. Applications for membership of the Association are approved al its Annual General Meeting.. membership Is limited to 100. The Annual General Meeting is also the forum for the eleclic)n and re- election of members of Council. Candidates must be members of Ihe Association. One third of the elected members of the Council retire each year bul they are eligible for re-elec1￿on. Al Annual General Mee11ngs, five members constitute a quorum. Questions at meetings of the Association are decided by a majority of voles with the Chairman having a casting vole. The Council has authority to delegate any Df Its powers and dji ties lo individLial members or to any comrnitltse or sub-committee of members and lo set the quorum necessary for the transaclioii of business. Members of Council may not receive rernuneralion olhei than professional fees, which are subject lo the rostriclions contained in Clause 5 of the Memoranduffl, and reasonable out of pocket expenses Governance and Oversight The Council meets regularly three limes a year and at other limes as required. It has oversight across all aspects of the College's operation and exercises strategic direction of policy and resources. In 2023-24, it mel four. limes. rhe start of this period covers th8 planned transition from a cycle offoursels of govemance meetings per year to 8 cycle or three sets of governance meetings peryear. The College Council, for example, met for a final time in September 2023 under the old quarterly cycle of meetings before moving onto the new tennly cycle of meetings in December/April/Augusl The Council delegates elements of oversight and decision-making to commillees. accountable to Council. Members of the committees ale appointed by Council. They each meet three limes a year and at other times when necessary laparl from the Remuneration Committee which meets annually) and they report regularly to all meetings of the Council, The Council may from lime lo time establish ad hoc working groups to oversee major projects, which may be accountable to the Council directly or through ils committees. In 2023 - 2024 the committees cornprised the Standing Comrnitlee, the FirFance and Fundraising Committee, the Care and Welfare Committee and the Remuneration Committee. Reglsterod Offlc•: The College ol St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number: 00061253 IEng & Walesl Charity Numbèr.. 2Q5220 Phone: 01342 870260 The Standing Committee has enhaTrced co-ordination bebNeen the Finance and Fundraising Comrllittee and the Care and Welfare Committee. It considers over-arching issues concerning governance and effective preparation for meetings of the Council. 11 consists of the Chairmen of the committees and the Chairman and Vice-chairman of the Council, with the CEO in attendance. The Finance and Fundraising Comrnittee was created in 2023 as a merger belween the Finance and General Purposes Committee and the Fundraising and Marketing Commitlee. The new Committee has responsibility for all mallers relaling to finance, fundraising and marketing, property. facilities and general administration, It ensures that a suitable syslem of internal financial control is in place, and it prepares the budget, monitors income and expenditure and sets levels of aLJlhorisation. It also has oversight of the fundraising strategy and marketing plan, which includes ensuring we have a sound strategy to raise funds for specific appeals and encouraging regular giving to the work of the College. A specific focus is to ensure we can assist those who live in the College on limited means, where there is a shortfall between social funding and the full cost of residence. The marketing function aims to attract new Fesidenls, through delivery of the College Marketing Plan. The Care and Welfare Committee has overseen matters felating to the care and welfare of residents, ensuring that appropriate policies and procedures are in place and that the standards of care satisfy the expectations of the Care Quality Comrnission for residential Cafe Homes,. it has sought lo enable and maintain the best possible care for all residents. The Remuneration Committee meets annually to consider the general level of salary increase appropriate to all staff, and the specific rernuneration of each tnember of the Senior Management Team. Ils recommendations are submitted to the Council for approval. Council members carry out Trustee Inspections, a raTrdom monthly inspection of one area of care and welfare using the Care Quality Commission fundamental standards as a guide. This process was reviewed and revised in 202314 to allow a belter focus on our standards of compliance and service delivery. They involve private interviews with three residents of the Care Wiing, Cloisters or staff, seeking their views on standarcls of care and working practices. The inspection process also checks levels of compliance via the care, health and safety and staffing frameworks that we have ITr place. Council mefflbeis also attend the regular monthly Residents, Meetings chaired by the CEO. These are an important opportunily to communicate and interact with residents, and also for residents to meet and air concerns with Trustees. In 2025126 we will ensure that residents are aware of all the times that trustees will be in the building so that there are ample opportunities lo inleracl. Senior Personnel and management The CEO Is responsible for the oversight of all day-to-day activities of the Charity and for ensuring that the objectives approved by the Council are followed, The CEO is supported by the Senior Leadership Team, consisting of the CEO, Registered Manager Suzan Jack and Operations Manager Eifion Davies. This group meets weekly and locuses on delivery of the College Vision and Objectives. A staff management team consisting of Department Heads and Operational and Support Team meets weekly lo oversee day lo day operations in the College. This group consists of the Senior Leadership Team plus the Chaplain Reverend Derek Chandler, Fundraising Manager Mike Herbert, Finan Manager Bernadelle Jenkims, HR Administrator Amy Slollon and others as required. The CEO attends all meetings of the Council and each of the comrnitlees, amd members of staff attend meetings of the Couficil and the committees as appropriate. Registsred OffKe= Thè College ol St Barnabas. Blackberry Lane, Linglield, Surrey, RH7 6NJ Company Numbor.. 00(*1253 (Eng & Wales) Charity Numbgr= 205220 Phone.. 01342 870260 I TknColl4cof St Barnab&s Risk Management The Council is responsible for the management of slralegic, financial and operational risks faced by the College. During the year, led by the Vice Chairman Richard Diggory. work was pul in hand to develop and implement a new risk management framework based around CQC standards. This framework builds on the College's existing risk management Practice, through the slaff leam's responsibility for managing operational risks, overseen by the Standing Committee and other Commillees. and now reinforced by a newly created Risk Reference Panel responsible for ensuring consislency of risk measLiremenl and evalualior) acioss all aspects ol the College. Particular areas of risk are identified under categories expressed in the Regulations for Service Providers and Managers under Ihe Health and Social Care Act 2008 (Regulated Aclivitiesl Regulations 2014. and the Cafe Quality Commission IRegislFalionl Regulations 2009. Care and Welfare The Council membership includes those with expertise and experience in the care sector who exercise effective oversight, underpinned by robust policies, procedures and monitoring. Through the Care and Welfaie Comrnitiee the Council ensures that policy and practice comply with the high $13ndards of care expected by the Care Quality Commission. Safeguarding The trustees are aware of the need lo maintain the highest systems and stand3rds with regard to safeguarding. The College Safeguarding Policy is clearly sign-posted both online and around the bLJilding and is backed by procedures Including training lor all staff. Amy Stolton is our designated Safeguarding lead, and the Reverend Jane Edwards is the trustee with responsibility for oversight of Safeguarding. Professional Advisors Investment Manager Charles Stanley and Co Ltd. Investments are overseen by the Finance and Ge,neral Purposes Commillee. The investment summary for year lo 31, August 2024 Is available below. Auditors Xeinadin Audit, Chartered Accountants and Slalulory Auditors, Nightingale House, 46 48 East Streol, Epsom, Surrey, United Kingdom, KTI 7 1 HQ Bankers Barclays Bank, 17121 High Street, East Grinslead RH19 3AH Capital Expenditure The Council ensures that capital expenditure is pre-authorised within prescribed limits" and that capital inveslment is predominantly resourced from Ilinds which are designated or otherwisè raised for particular projects. General funds many only be used for capita1 projects when reserves leave sufficiefit funds lo provide cover for cash-flow and other contingencies. R•glstar*d Office.. The College of St Barnabas, Blackberry Lane, Lin9fi¢ld, Surrey, RH7 6NJ Company Number. 00061253 (Eng & Walesl Charity Number: 205220 Phon•.. 01342 870260 < st BarRab39 19 Public Benefit The Council confirms thal in carrying out its responsibilities as the College's Trustee body, it has regard to public benefit guidance issued by the Charity Commission. Although the College was initially established as a community of retired Anglican priests, the now broader criteria for eligibility mean that, in addition to those who have worked for and within the Anglican Church, any communicant member of a Church affiliated to Churches Together in England can apply to benefit from the accommodation and service that the College provides. The principal source of public benefit that the College delivers is that where its residents are unable lo meet the full economic costs of the servi￿$ provided to Ihern from their own resources andlor from grants they are eligible lo receive, the shortfall in their contributions is covered by the College, drawing for this purpose on its charitable income from various fundraising activities. The College's charitable income also helps lo meet the substantial costs of maintaining ils Grade 2 listed building. In the year to 31 August 2024 the total subsidy provided by the College in this way to supported living residents amounted to approximately £10,000 each month, equivalent, lo over 15,/0 of the total residents, conlribulions. The College does not currently sel a limit to the number of residents who can benefit from this support. In addition, the College seeks to engage in local community events and always looks at ways of making its facilities more widely available, subject lo the primary function of the College. Registered Office.. The College of St Barnabas, Blackbèrry Lane, Lingfield, Surrey, RH7 6NJ Company Number= 00061253 IEng & Wales) Charlty Numbar= 205220 Phone: 01342 870260 Thethuegeor St Barnabas 20 Statement of Trustees, Responsibilities The Trustees (who are also the directors of the Coll-ge of St. Barnabas for the purposes of company lawl are responsible for preparing the Repofl. of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Company law requires the Trustees lo prepare financial slalements for each financial year which give a true and fair view ol the slate of affairs of the charitable company and of the Incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial slaleniet]Is, The Iruslees are required lo.. select suitabla accounting policies and then apply Ihxam consi?tenlly. obseNe the methods and principles In the Charity SORP. make ju'dgements and estimates that are reasonable and prudent. prepare tne financial statemeiils on the going concern basis until it is inappropriate lo presume that the claritable company will continue in business. The TrLislees are responsible for keeping proper accounting records which disclose with reasonable accur3Gy at any time the financial position of the charitable company and to enable them lo ensure thal the financial slalements cofflply with the Companie) Act 2006 They arp also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities The Trustees confirm that, in the case of each person who was a TrLislJe al the lime when this report was approved, the following applies.. So far as each TrLlStee Is aware, there is no relevant audit information needed by the charilable company's auditors In connection with preparing their report of which the auditors are unaware and. E2¢h Truslee has taken all the steps that he or she ought lo have taken as a Tiustee/Director in order lo become aware of any relevant audit information and to establish that the auditors are aware of that information. Approved by order of Èhe Board of Trustees Gn t April 2025 and signéd Dn ils behall by." Reverend David Williams JP, BA (Hons). MA, Dip Lib, FSA, FRSA Chairffl8n Registered Officè.. Th6 College of St Bamabas, Blackberry Lane. Lingfield, Surrey, RH7 6NJ Company Number: 00(￿1253 (Eng & Wales) Charity Numb•r= 205220 Phone: 01342 870260 TheCOllt8È￿I st BaTnabas Financial Review Summary. The resilient financial resuli for tle college in the yeaf reflects the close attenLion lo cash of the CEO and his team dtiring a financial year In which the broader finaniial environment was buffeted by a general election and the financial priorities oi the reSp￿CtIve governments especially in respect of the remit of the Care Quality Commission Regulator. Al Sl Barnabas costs rose during the year in the care department In particular - greater than income could - and towards the end of the financial year a significant cost revsew was Lindertaken. This deyT,onstraled the subslan1131 variations in the cost of the different levels of service, support and care provided by the College lo our residents. Whilst the number ol staff has fallen, the over311 costs of staff had risen. reflecting also the amounts of overtime and numbers of contract personnel. whicn in 2024 also becarne part of the cost review. Thi) has spurred on the team to focus tnore Dn th.e funding to ba gained from Tandridge and Surrey Councils for Individual residents and the rneans lo oblai it, work that started in this financial year and is conlin4Jing In addition, il has given us sorr4e direction regarding priorities lo focus on in our fund-raising During the year the CEO 8180 successfully deve1oppd his senior team lo take greater responsibility for the management of their departmental budgets and this generaled some Innovative Ideas lor cost control and a greater understanding of the conripclions between operational activities and costs. This lays the foundation for continued good financial monitoring and tnana9emenl across the college Financial R?sults Siimmary. Total incoming resources were L2.404,00012023 £2,140,000), an increase of £264,000. This intiludes the ¢Dmmititsd donation of £84,000 from the Clergy Support Trust, ,wdhich was larger than in 2023 1£66,0001. In addition, a one off receipt of F91,000 was received for the lease of the mast which was agreed dLJriiig tho year and enaoled us lo avoid drawing on investmenlts. Total eApenditUie was £2,490,000 12023 £2,198,0001 and is mostly the costs of employing our dedicated and professional staff providing the levels of service: support and care for which St Barnabas is recogn1sed by the family and friends of our residents as well as our residents themselves. Contributions from residents were £1.833,000 12023 F1,662,0001. Donations. Gifts and Legacies were broadly equivalent lo 2023 with 2024 al £412,00012023 £407,000.) The balance sheet Is broadly slable, notwithstanding aged debtors had increased which restilled in some of our cash rese￿e$ having lo be used. During the year capital spending was £42,000 of which £37,000 was used to upgrade Computers and improve our IT systems and infrastiucture, Investments and Reserves. Cash was drawn down from our Investments lo ensuie the smooth running of the College through some challenging months when a number of our reS￿dentS passed on 8nd when unusually we had a very small waiting list at the time. The cash balance consequently fell to £56000 by year end. We continue lo manage our reserves Our investments are managed by Charles Stanley & Co Ltd under delegated authority from the Council. The curreiit policy IJ lo maximise total return. Our reserves position aims to have a holding ol three months operational costs ir) reserve. Registered Office: The College of St Barnabas, Blackberry Lane, Ltngfield, Surrey. RH7 6NJ Company Number.. CK1061253 (Eng & W8lesl Charity Numb8r: 205220 Phone.. 01342 870260 Ihrl'¢ékgtol St Barnabas 22 Fundraisin9. We continue to be enormously grateful lor the generoLlS donations given to the college, and for those donors willing to commit over a significanl lime frarne. Donations and legacies al £412,000 are highly valued and work began discerning the areab of college life that our principal donors are most interested in supporting financially, Initiated though a dinner lo thank them and talk though ide3s for fundraising. We are particularly giateful lo our enterprising Activities Coordinator, Oavid Jack, who undertook a sponsored Wing Walk, Ilhe airborne theme In keeping with the previous year's sponsored skydive), which raised £12.000 for thts College, with a particular focus on the staff who look after the residents so diligently Fund raising is one of the most promising means by which income can be raised lor charities and Inviiing donors to Shar￿ their giving preferences W8S Part 01 the preparations lo launch the fund raising strategy.11 was not possible to launch the iiew website, pending Ihe conclusion of the cost review and discerning the most valuable direction of our rnarkeling. Future Plans and Challenges. Having reviewed costs assidliously during 2024, future plans will focus on College Objectives.. l. 10 invest 14 our new and agreed fundraising strategy whiGh includes marketing and launching the new website 2. building up our cash reserves and Investments. this will include an appraisal of options on the future of the Lodge. 3. building significant network of organisalions with similar challenges in relation to the CQC and woiking lo maximise financial oenefils due from public authorities for individual residents. 4. preparing to review audit provision for the financial year beginning September 2026, including a wide sweep of potential auditors with substantial experience in the CQC and hotel sector as well as pharily expertise. 5. continuing the necessary improvements to external and internal decoration, internal and external signage There is no doLJbt that the current, broader economic context is increasingly challenging for the college and the strong grasp on costs is a prerequisite lo being able to raise funds lo invest in our future. enabling us lo provide high qu3lity support, service and care, an environment where government policy will continue lo have a growing and significant impact. Ruth Martin, Lay Canon, BA (Honsl, MA (Treasurer) Honorary Treasurer R*giSt¢red Office- The College of St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number= 00061253 (Eng & Wales) Charity Numbgr.. 205220 Phone: 01342 8702 L st Bdrn2bas 23 Independent Auditor's Report to the Members of the College of St Barnabas Oplnion -ge of Sl Barnabas Ilhe 'Collage'l for the year We have audited the financial slalemenls of The Coll- ended 31 August 2024 which comprise the statement of financial activilieq, the balance sheet, the stalemefjl of cash flows and notes lo ttrie financial stalemenls. inclLJding significant accounting policies. The financial reporting framevvork that has been applied in their preparation Is applicable law and United Kingdom Accounting Standards. Including Financial Repoft1ng Standard 102 The Financial Pieporting Standard applic8ble In the UK and Republic of Ireland Iunited Kingdorn Generally Accepted Accounting Praclicel. I n our opinion. the financial stalemenls". give a true and fair view of the state of the chari13ble company's affairs at 31 August 2024 and of its incoming reSoUr￿S and application of resources, including its income and expenditure, for the year then ended., have been properly prepared ill accordance with United Kingdom Generally Accepted Accounting Practi￿. have hoen prepared in accordance with the reqLiiremenls of the Companies Acl 2006. Basis for opinion INe conducted our audit In accordance with International Standards on Auditing IUKI IISAS IUK}l and applicable law Our responsibilities under those standard3 are further described in the Aiidilorts responsibilities lor the audit of the financial statements section of our report. We are independent of the College in accordance with the ethiral requiremonls that ara relevant Io OLif 8udit of Ihp financial slatemenls In the UK, including the FRC'S Ethical Standard, and we have fiilfilled our other ethical fèsponsibilities in accordance with these requirements. We believe the aLidil evidence we have obtained is suff ic1ent and appropriate to provide a basis for our opinion. Conclusions relating to going concern In aiiditing the financial sfatemenls, we have concluded that the Council members use of the going concern basis of accoLinting in the preparation of the financial slatemenls 16 appropriaie. Based on the work we have performed. we have not identified any material uncertainties relating lo events or conditionu that, individually Of colleclive5y, may cast signifityanl doubl on the College's ability to continue as a going concern for a period of at least twelve months from when the lin3ncial statement5 are authofised for issue. Our responsibilities and the responsibilities of the Council with respect lo going concern are descr1bed in the relevant sections of this report. Other information The other information comprises the information included in the annual report other than the financial statements ancl our auditor's report Ihefeon. The Colincil are responsible for the other information contained within the annual report. Our opinion on the financial stalemellts does not cover the other information and, except to the extent otherwise explicitly staled in our repoTt. we do not express any form of assurance conclusion thereon. Our re3pons1bility is to read the other inforrDalion and, in doing so, consider whether the other 1nformation is materially inconsistent with the financial slatemenls, or our knowledge obtained in the course of the 3udit, or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement In the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misslalemenl of this other information, we must report that fact. We have nothing to report in this regard. Registered Office: The College of Sl Barnabas, Blackbery Lane, LirKJfield, Surrey, RH7 6NJ Company Number: 00061253 IEn9 & Wales) Charity Number= 205220 Phgne: 01342 870260 24 Independent Auditor's Report to the Members of the College of St Barnabas Opinions on other matters prescribed by the Companies Act 2006 In our opinion. baJed on the woth iindertaken in the course of our audit.. the information given in the CoLJncil members report fof the lin3nci31 year for which the financial slaiements are prepared. which Includes Ihp directors, report prepared for the purposes of company law, is consistent with the financial slalemenls,. and the directors, report Included within the Council members.feport has been prepared in accordanTre with applicable legal requiremenls Matters on which we are required to report by excepiion In the Iighl of the knowledge and understanding of the College and Its environrnenl obtained in the course of the audit, we have not identified material misstatements in the directors. report iocluded within the Council members report. Vve have nothing lo report in respocl of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kepl. or returns adequate for our audit have not been received from branches not visited by us., or the linanciai slalemenls are not in agreement with Ihe acc04Jnling records and returns-, or certain disclosures of Iruslees, remuneration specified by law are not made.. or we have not receivod all the information and explanations we raquire for our audit.. or l*e Council were not entitled lo prepare the financial statements in accordanTr with the small companies, regime and take advantage of the srnall companies, exemptions in preparing the Council rnembery report aiid from the requirement lo prepare a strategic report. Responsibilities of Council As explained more fully in the statement of Council members responsibilities, the Council, Nvho are also the directors of the College for the purpose of company law, are responsible for the preparation of the financial statem>nls and for being satisfied that they give a true and fair view, and for such inlthrnal control as the council d£slermine is necessary lo ellable tho preparation of financial statements that are free from material misstatement. whether dua to fraud or error. In preparing the financial slalements, the founcil are responsible for aisessing the College's ability lo continue as a going oncern, d,,sclosing_. as appliGable. mallers related lo going concern and using the going concern basis of accounting unless the Council either intend lo liquidate the rharilable company Dr lo cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuran￿ about whether the financial slalemenls as a whole are free from material misstatement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high Ipvel of assurance bul is nol a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material If, Individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financi31 statements. The extent to which our procedures are capable of detecting Irregularities. Including fraud, is detailed below Registered Offlee.. The College of St Bamabas, Blackberry Lane. Lsngfield. Suryey. RH7 6NJ Company Number: 00(*1253 IEng & Walesl Charity Number: 205220 Phone.. 01342 870260 25 Independent Auditor's Report to the Members of the College of St Barnabas Identify and assess the risk of rllaterial misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting frorn fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control. Obtain an understanding of internal control relevanLto the audit in order to design audit procedures that are appropriate in the circumstances, bul not for the purpose of expressing an opinion on the effectiveness of the company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and the related disclosures made by the directors. Conclude on Ihe appropriateness of the directors, use of the going concern basis of accounting and, based on the audit eV￿dence obtained, whether a material Ljncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going Goncern. If we conclude that material uncertainty exists, we are required to draw attention, in our auditor's report, to the related disclosure in the fir)ancial statements or if such disclosures are inadequate to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our audrtor's report. However, future events or conditions may cause the company to ￿ase to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.Ilwww.frc.org.uklauditorsresponsibililies. This description forms part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our aLsdit work has been undertaken so that we might slate to the charitable company's members those matters we are required lo slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not a￿pt or assume responsibility lo anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Hazel Day Bsc IHons} FCA DChA (Senior Statutory Auditor) For and on behalf of Xeinadin Audit Limited, Statutory Auditor Chartered Accountants 46-48 Esal Street Epsom, Surrey KT17 1HQ United Kingdom Regi$tor•d Office: The College ol St Barnabas. Blackberry Lane, Lingfield. Surrey, RH7 6NJ Company Number. 00061253 (Eng & Walesl Charity Numb•r'. 205220 Phonè: 01342 870260 ThrCdkgt¢r St Barnabas 26 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 3 1 AUGUST 2024 Vnrestri¢ted Restricteij funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2923 Totsl 2024 2023 Notes Income from., Donations and legacies Charitable activities Contributions by ,gesidenlo for acconitnodation and 376.647 35,427 412,074 393.893 13,350 407,043 1,832,919 1,832,919 1,662.142 1.662,142 are Other trading activities Inveslfflenls 150,207 8,689 150,207 8,689 61,510 10,790 61,510 10,790 Total Income 2,368,462 35,427 2,403,889 2,128,135 13,350 2,141,485 Expenditure on.. Raising fund5 Charitable aclivilies PNesidenlial care costs Coilegiale Total charitablo expenditure 75.970 7.033 83,003 69,590 13,350 82,940 1,070,305 1,324,351 6,795 1,077,100 6,197 1,330,548 854,604 1,260,575 854,604 1,260,575 2.394,656 12,992 2,407,648 2,115,179 2,115,179 Total expenditure 2,470,626 20,02S 2,490,651 2,184,769 13,350 2,198,119 Net gainslllossesl on invesltnenls 13 21,567 21,567 19,5271 19,527} Net incomellexpenditurel Tignsfers between Funds 180.5971 136,833 15,402 165,1951 166,1611 121,833 166,1611 1136.8331 (121,833} Nel movement in fund$ 10 56,236 (121,4311 165.1951 55,672 1121,8331 {66,161} Reconciliatioll of funds.. Fund balances al 1 Sept 23 2.408,564 136,166 2,544,730 2,352,892 257.999 2.610,891 Fvnd balances at 31 Aug 24 2,464,800 14,735 2,479,535 2,408,564 136,166 2.544,730 The slalemenl of financial activities includes all gains and losses recognised iii Ihe year. All income and expendiluie derive from continuing activities The notes on pages 29 10 44 form part of these financial staleKnenls. R•gist8r8d Office: The College of St Bamabas. Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number: OOCf1253 (Eng & Walesl Charity Numb*r.' 205220 Phontr.. 01342 870260 '*.- St Barnabas 27 BALANCE SHEET ASA T31 AUGUST. 2024 2023 Notes Fixed assets Tangible asseis Investments 15 16 2,209,770 259,498 2.273,829 240,346 2.514,175 Current ass8ts Stocks Debtors Cash at bank and iy hand 2,469,268 17 14.372 54.226 121 459 103,971 55,730 167,380 190,057 Creditors.. amounts falling due wvithin one year 20 1146,3631 1138,2521 Net Gurrent assets 21,017 2,490 285 51,805 2,565,980 Tolal assets less curreTrt liabilities Creditors- amounts falling due afler more than one year Net assets 21 110,7501 121.2501 2,479,535 2,544,730 The funds of the College ReslriGled incotne funds Unrestricted funds 23 24 14 735 2,464,800 136.166 2,408,584 2,479.535 2,544 730 The f1nancial slalem*nls were approvèd by the Council on venanl is rgcognised at the lime tsf the don2lion. Legacies are recognised on receipt or olhefwise if the College has been notifiad of an Impending distribution, the amount is known, and rEceipl is expected If the amount is not known, the legacy is Irealed as a conlingenl asset. Registered Offi¢*.. The College of St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Numbèr.. 00061253 (Eng & Wales) Charity Number: 205220 Phonè.. 01342 870260 St Barllabas 30 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 (Continued) Income from events Is reeognised when the event 18kes place Income from rental is rècognised for the p£riod the renlal relates lo Income frorm Residents Is recognised in the Slaletnenl ol Financial Activities based on the dales of OCCUPgncy Events Income is recc>gfjised OnGe the Event has lakeii place t7oless the Income Is non-relurnable 1.5 Expenditure Expenditure is recognised once there is a legal or Gonsliuclive obligation lo transfer economic benefit lo a third party, il is probable that a Iransler ol Jconomic benelils will be J equifed in selllemeAI, and the amoLinl of the obligation cao be measured reliably. ExpendilLire 18 classified by activity. The costs of each aetivily aré made up of the lolal of direct costs and shared costs, Incliiding 314PPQrt cos13 involved in undertaking each activity. Direct costs attributable to a single 3ct1Vlty are allocaled direGlly lo that activily. Shared costs which contribute lo rnore than onè activity and support ¢osls wI1ch are Trol allribuÉable lo a single activity are apportioned between those activities on a basis consisttsnl with the use ol resources. CETrlral staff costs are allocated oll the basis ol lime spent, and depreciation charges are allocated on the portion of the asset's Llse. Difecl ¢osls are allocated based on the nature of the cost. Any co8t5 relating lo more Ihan one ¢harilable activity are split equally between the activities as this is believed to best represent thè nalurtt of these costs. 1.6 Tangible fixed assets Tangible fixed assets are Initially measured al CO¥1 and subsequently measured al Cost or valuation, nel of depreciation and any impairment losses Depreciation Is iecognised so as lo write off the cost o! valuation of assets lèss their r&sidual values over their uselul lives on the lollowing base5". Ffeehold property Rèfurbishmenl> Equipment Computers The gain or loss arising on the disposal of ali asset is determined as the difference belwoen the sale proceeds and tne carrying value of th* asset and is recognised in the stalemÈnl of financia1 activities. 10/0 on cost 25,10 on cost and 5Q/o on Cost 17.5/u on cost 25010 on cost In the Dpinioii ol the Council. the nel realisable value ol the property is not materially in excess of ils carrying value in the accoLJnls Ihefefore no impairment has taken place. Depreciation would not norfflally be provided on land.. however. the original cost ol the land is unknown although it Is believed lo be Iinmaterial to the lolal carrying cost of land and buildings. The land element In that cosl has therefore beefi ignored IDr depreciation purposes. Assets costing less than £500 are not capilalised bul are expensed Ihrough the Statement ol Financial ActivitieB. 1.7 Fixed asset investments Fix6d asset Investments are initially measured al Iransa¢lion price excluding ITansaclion cosls and are subsequently Ineasurèd al fair valije al each reporting dale. Ch4nges in fair value are re¢ognised in net incomellexpendilurel for the year. Transaction costs are expensed as IncL5rred. R•gl$t•r•d Offi¢¢-. The Coll￿* ol St Bamab8$, 818ckberry Lare, Lingfield, Surrey. RH7 6NJ Company NUm￿r= 00(K1253 IEng & Walès) Charity Numbèr= 205220 Phone= 01342 870260 st Barnabas 31 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 1.8 Impairment of fixed assets Al each repc>rting end dale, the Coll*ge reviews thè carrying amounts ol ils tangible assets lo delttimine whether there is any indication that those assets have sb'ffered an Itnpairmenl loss. If any such indication exists, the recoverable amount ol the asset is eslirnaled In order lo determine the exlenl of the impairment Ioss {if anyl. 1.9 Stocks Stocks are slated at the lower of cost and eslimaled selling price less costs lo complete and sell. Cost comprises direct materials and. where applicable, direol labour costs and those overheads that have been inciirred in bringing the stocks lo their present lo¢aiioTr and condition. Items held lor distribution al no or nominal ¢onsider81ion are measured the lower of replacement cost and cost. Nel realisable value Is the éslimaled selliTrg price less all eslimalèd costs of Cotllpletion 3nd costs lo be incurred In marketing. selling and distribution. 1.10 Cash and cash equivalents Cash and cash equivalenls Include cash in hand, deposits held al call with banks, olher shoil-lerm liquid invtsstmenls vvilh original maliirities of three months or less, and bank overdrafts Bank Overdrafts are shown within boirowiTrgs In current Iiabililies. 1.11 Financial instruments The Coll&ge has plecled to apply the provisions of Section 11 Basic Financ121 Instruments and Section 12 '01her Financial lTrslrumenis Issues, of FRS 102 to all of Ils financial Instruments. Financial instruments are rèeognised in the College's ba.anGe sheet when the College becomes party lo the contractual provisions of Ihe instrument. Financial assets and liabilities are offset, with the nel arnounts presented In the Iinancial slatemenls, when there is a legally enfoiceable right lo sel olf the reeognised amounts and there is an intention lo setlle on a nel basis or lo realise the asset and Setrtle the liability s*mullaneously Basic financial assets Basic financial assets, which include debtors and cash and bank balan¢&s, are inilially measiired al transaction price in¢lvdillg transaction costs and ale subsequently carried al atnortised cost using the effective interest mèthod ynless the arfangemenl constilules a financing Iransa¢lion. wh&r& the Iransa¢lion is measured al the present value of the future receipts disGounled al a maTkel rate of interest. Financial assets classified as receivable within orie year are not Jmortised. Basic financial liabilities Basic financial Iiabililies, including creditors and bank loans are initially recognised al transaction price unless the arraTrgemenl conslitules a financing Iransaclion, whère the debt instrLimenl is measured al the Pfesenl value of the future payments, discounted al 8 market raté ol inleresl. Financial liabilities classified as payable within one year are nol amortised. Debt instruments are SLibseqLJenlly carried al amortlsed cost, using the effective interest rate method. Trade creditors are obligations lo pay lor goods or services that have béen acqLiired In the ordinary course of operations from suppliers. Amoufjls payable are classified as current liabilities Il payment is due within one year or less. If not, they are presented as non~currenl liabililies. Trade credi1015 are re¢ognised initially al transaction price and subsequeiilly measured al 3mortised cost using the effective interest method. Derecogni(ion of financial liabilities Financial Iiabililies are derecognised when the College's conlraclual obligalions expire or are discharged or cancelled. Reglstgr¢d Offfce.. The College of St Bamabas. Blackberry Lane. Lingflold, Surrey, RH7 6NJ Company Number.. OOL161253 (Eng & Wales) Charity Number.. 205220 Phone- 01342 870260 32 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 1.12 Employee benefits The cost Df any unused holiday enlillemenl is recognised in the period In which the èmployee's services are re¢eived Termination beneTils are recognised immediately as an expense when the College Is demonstrably Gon1ffl1tted lo lerminale the employment ol an employee or lo provide lerminalion bene!Ils. 1.13 Retirement benefits Payments lo oleliiied contribulion retirement benefit schernes are charged as an expense as thèy fall due Critical accounting estimates and judgements In the application ol the College's accounting policies, the Coiincil are required lo make iudgemenls, eslimales and assumptions about the cafrying amount of ass*ls and Iiabililies that are not readily apparelll from other souFGe3 The eslimales and associated assumptions are based on historical experience and other lactofs Ihal are consittered lo be rèlevant. Actual rèsults may differ from these estimates. The eslin)ales and underlying assumptions are reviewed on an ongoing ba51s. Revisions lo accoLJnling estimates are fecognised In the period in wh.ich the estimate is fevised where the revision aflecls only that peiiod, or ID the period of the revision and futufe periods viher6 the revision affects both cur¥eot and future periods. Critical judgement$ Depreciation Asset) are written down over their eslimalod useful lives The actual lives of the assets tnay diTfer from these e51ifnales. The liveb of the assets are kept linder revi$w and adjusted as appropriate. Allocation of costs between activities AS 8 small charity many costs Incurred. Including staff time. cover more than onè activity Th*se costs are allocated lo activities based on an equal split which is based on Ihe best estimate of the usage of the costs. Income from donations and legacies Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Legacies Gr2nls 266,'173 80,967 268,17,3 393,693 13,350 407,043 80,967 29,507 35,427 64,934 376,647 35.427 412,074 393,693 13,350 407,043 Registered OffKe'. The College ol St Barnabas. Blackberry Lane, Lin9field, Suffey, RH7 6NJ Company Number- 00061253 IEng & Wale51 Charity Number.. 205220 Phonè.. 01342 870260 < 5t Bgrt)&bas 33 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Income from charitable activities Unrestrict@d Unrestricted funds funds 2024 2023 Contributions by Residents for accommodation and care 1,632,919 1,662.142 Income from other trading a¢tivities Unrestricted Unrestricted funds funds 2024 2023 FLindTai5ing events Tèlephone mast income Staff réntal income Lodge ienlal 392 8,090 15,067 37,961 90.849 22,100 37.258 Other trading aclivilies 150.207 61,510 Income from investments UnrestriGted Unrestricted funds funds 2024 2023 Income frotn listed investments Interest receivable 8,361 328 10,156 634 8,689 10.790 Règist•r•d Offic8.. The College of St Bamabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number.. 00061253 (Eng & Wales) Charity Number.. 205220 Phone: 01342 870260 St Barnabas 34 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 A UGUST 2024 Expenditure on raising funds Unrestrictèd Restricted funds funds 2024 2024 Total Unrestricled Restricted funds funds 2023 2023 Total 2024 2023 Fundraising and publicity Other fundraising costs 81èff costs 13 125 60,368 13,125 67,401 1.401 64.142 13,350 14,751 64,142 7.033 73 493 7,033 80,526 65.543 13350 78,893 Inve>tmenl man3gem6nl Total Losts 2477 2,477 4,047 4,047 75.970 7,033 83.003 69,590 13,35D 82,940 Expenditure on charitable activities Residential Collegiatè Care costs 2024 Total Residantial Collegiate Care costs 2023 Total 2024 2024 2023 2023 Direct ¢osts Staff CO¥ls Depreciation and impairmenl Other care costs Premises costs Housekeeping costs Sundry 672,486 602,802 1.275,288 588,508 519,560 1.108,068 52.920 137,842 598 52.920 105.840 137,842 296,919 164,765 486 162,6491 138.977 150,010 87,361 138.977 254.765 138 415 8.057 296, 321 164,765 486 254.765 138,415 8,057 863.846 1,117,294 1,981,140 664,836 1.070,807 1,735,643 Share of support and governance costs Isee note 91 Support 196,271 196,271 Governance 16,983 16.983 392,542 33,966 171,301 18,467 171,301 342,602 36,934 1,077.100 1,330,548 2,407.648 854,604 1.260,575 2,115.179 Analysis t)y fund Unrèslricled funds Restricted funds 1,070,305 1.324,351 2.394,656 6,795 6.197 12,992 854,604 1,260 575 2,115,179 1,077,100 1,330.548 2,407,648 854,604 1,260.575 2,115.179 Registerod Offlce: The College of St Bamabas. Blackberry Lane. Lingfield, Surrey, RH7 SNJ Company Number.. 00061253 (En9 & Walesl Charity Number.. 2C15220 Phone.. 01342 870260 rhecollrgeol st Barrtaba5 35 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Support costs allocated to activities 2024 2023 Slaff Costs Advertising Bank loan inierest Bank charges Tfaining Bad debts Recruitment Office CODIS Governance costs 288,606 8.214 500 3.195 4,113 11,7951 1,702 88,007 33.966 236.890 20,692 500 3,424 81,096 36.934 426,508 379.536 Analysed bebNeen'. Residential Care costs Collegiale 213,254 213,254 189.788 189,768 426,508 379,536 10 Net movement in funds 2024 2023 The net movement in lufjds is slated afl&r chargingllcreditingl. Fee5 payable for thè audit of the char11y's financial stalemenls Depreciation of owned tangible fixed assets 8,090 105.840 7,000 87,361 11 Council None ol the Council lor any persons connected with them) received any re￿￿￿eratiOn or benefits from the Collège diiring the year. 12 Employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Staff directly Involvèd in delivèring services Fundraising CEO 72 105 Acsministialion Total 80 113 Règistered Office-. The College of St Bamabas, Blackbery Lane. Lingfield. &￿y, RH7 6NJ Company Number: 00061253 (Eng & Wales) Charity Number: 205220 Phone: 01342 870260 qt BJrnaba* 36 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Icontinuedl Employment cosls 2024 2023 Vwages aod 3alaries Social se¢L5rily costs Oiher pension costs 1.453.756 129,682 47.855 1.253,002 105,740 50 358 1,631,293 1,409,100 The Trutnber of employees whose annual remiineralion was more tha £60,000 is as follows 2024 Number 2023 Number 60,000-70,000 Remuneration of key mana9emenl personn•l The remune.ration of key management personnel was as lollows" 2024 2023 Aggregate conipénsation 350.304 244,928 13 Gains and losses on investments Unrestricted Unrestricled funds funds 2024 2023 Gainslllossesl afising on. Revaluation of investments Sale c>f investments 15,065 15,4881 14.0391 21,567 19, 5271 14 Taxation The charity is exempt from taxation on ils activities bécaLlSe all ils Income is applied for charitable purposes Regl$torod OffS¢0.. The College ol St Barnabas. Blackberry Lan¢, Lingfield, Svrrey, RH7 6NJ Company Numbèr.. 00061253 IEng & Wales) Charity Numbor.. 205220 Phon•= 01342 870260 St Barnabds 37 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15 Tangible fixed assets Freehold Refurbish. Equipment Computers property ments Total Cost Al 1 SepleTnber 2023 Additions 1,834,761 1 297.039 3,195 764.990 1,515 3.896,790 41.780 37,070 Al 31 August 2024 1,834,761 1 300,234 766,505 37,070 3,938,570 Dèpreciation and impairment Al 1 September 2023 Depreciation charged In thè year 519,804 18,347 388,882 64,958 714,274 20,331 1,622,960 105.840 .204 Al 31 Auousl 2024 538, 151 453,840 734,605 2,204 1,728,800 Carrying amount Al 31 August 2024 1.296,610 846,294 31,900 34,866 2,209.770 Al 31 August 2023 1,314,956 908,li7 50,718 2.273,829 16 Fixed asset investments Listed invèstments Cash in porttolio Total Cost or valL4atio Al 1 September 2023 Additions Valuation changes Disposals 230,062 107,080 21.567 1124,5241 10.284 124.588 240,346 231.668 21,567 1234,0831 1109.5591 Al 31 Augiisl 2024 234,185 25.313 259,498 Carrying amount Al 31 Augiisl 2024 234,185 25 313 259,498 At 31 August 2023 230,062 1a,284 240.346 Reglster8d Cffiice.. The College of Sl B8rnabas, Blackberry Lane. Lingfield, Surrey, RH7 6NJ Company Number.. 00(￿1253 (Eng & Wales) Charity Number: 20522CI Phone: 01342 870260 38 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Icontinuedl Fixed asset investments 2024 7,785 2Q23 Liontrust Investments Ltd Monthly InC0￿e bond SmithlDSI Ord GBPO 10 31 Infr3sliiictUfe or￿ NPV Roche Holdings AG Genusscleine NPV The Renewables Infrastructure GRP Ord NPV Tesco Ord GBPO.05 Microsoft Corp Com USDO QOOOQ625 Pennon Group Ord GBPO 407 Astrazene¢a Ord USDO 25 TeAas Inslrumenls Inc Com UQD1.00 Renlokil Inital Odg G8PO.01 Siem&ns AG NpvlRègdl Wellingion Mgmt Funds Ilralandl Global High Yield BD Toyota Motor Corp NPV Amazon Com Inc Greencost UK INind PLC Invesco Global Invrnstmenls Schroeder Inv FD Gresnam House Energy Ord G800 01 ShirÈ-Elsu Chemic81 NPV RELX PLC GBPO 1444 UK IGowl of) 5Q/o SN9 0710312025 GBP1000 Fir?1 Sentier Invrs IUKI FDS Ltd First Senlier Uoilever PLC Oro GBPO 031111 7 194 7,673 8.984 13,953 9.141 11.568 9.312 9378 11,941 11,669 12,511 10,576 7.765 10,868 15.246 10.484 11.?49 11,147 9.004 13890 9.015 7.436 9.976 6,£95 8.671 11.422 7.433 6523 10.042 6.312 8.249 5.148 9,235 10.484 11,777 5,769 7.450 6,685 OTIS WORLDWIDE CORP COM USDO.01 COPART INC COM USDO.0001 IN0ITEX11ND.DE DISENO TEXTIL SAI EURO.03 Segro PLC Ord GBPO 10 Apple Inc Coin USDO 00001 UNITED KINGDOMIGOVERNMENT OF) 4 25.10 UNITED KINGDOMIGOVERNMENT OF) 4Q/D Xylem Inc Coir USD phabel Inc Capital Stock USOO.001 Experiar? PIC Ord USDO.I 0 MaslÈrtard Incorporated Com USD Novo Nordisk AIS SER'8 United Kingdom Gov of 4.125O/ 7,921 6.286 7.674 S,133 7140 5871 6,366 8.488 6,585 B.926 6.249 6.687 8.449 17 Stocks 2024 2023 Finished goods and goods tor resale 7.679 14,37? Registered Offict- The College of St Bamabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Ci)mpany Number- 00061253 (Eng & Wales) Charity Number.. 205220 Phono.. 01342 870260 <. st B￿rnaba5 39 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 18 Oebtors 2024 2023 Amounts falling due within one year= Trade debtors Other debtors Prèpaymenls and accrued income 10.301 3.897 89.773 44.754 6.141 103,971 19 Loans and overdrafts 2024 2023 Bank loans 21.250 31,750 Payab5e within one year Payable alter one year 10,500 10,750 10,500 21,250 TFie 108n relates lo a loan tiken out in the year ended 31 st Aiigu512017 lor a term 0110 years from the National Almshous& Associalion which is secured on the Freehold premises. The loan altracls an equivalent intereBt rates of 1 /0 P.3. 20 Creditors.. amounts falling due within one year 2024 2023 Notes Bank loans Other taxation and social security Trade creditors Other creditors AccrL4als and deferred Income 10,500 32,795 28,899 6.097 68.072 10.500 29,167 38,019 9,594 50.972 146.363 138,252 21 Creditots- amounts falling due after more than one year 2024 2023 Notes Bank loans 19 10,750 21,250 22 Reliremet)t benefit schemes 2024 2023 Defined contribution schemes Charge lo profit or loss in respect ol defined contribution schemes 47,855 50,358 Registered Office.. The College of St Bamabas, Blackbery Lane, Lingfield, Surrey, RH7 6NJ Company Number- 00061253 (Eng & Wales) Charity Number= 205220 Phong.. 01342 870260 t Bayllabas 40 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Icontinuedl Retireffient benefit schemes The Charity has no fLJnded pension scheme. bul employees are membèrs of eilher the Pen%ion Builder Scheme section ol the Church bvorker Pension FLind or the NEST auto enrolmenl scheme. Members who either ioined th& scheme prior lo 1 sl July 2014 or are members ol the senior management team are members of the Church Worker Pension Fund The College Contributes at the rate of 10°/o ol members, salaries for Ihose who joined before 1st Seolembei 2000. The College conliioules 89/0 of members, salaries lor members ol the Church Workers Pension Fund who joined arier I sl September 2000 aTrd make employees contributions of 4010. Pension Conlribulions are recorded in an account lor each member This account may havé bonlises added by the Board before retiiemenl. The boiiuses depend on investment expErkence and othèr factors. Thero is no requireinenl for the Board lo grant any bonuses The account, plus any bonLJses declared. is payable from members, normal pension age. There Is no alAb-division ol assets between employers in each section of the Pension Builder Scheme The scheme Is considered lo be a mulli-employer scheme as described in SeclioTr 28 of FRS 102 This means il Is not possible lo attribute the Pension Builders Scheme's assets and liabilities lo specific employer) and Ihal contributions are accounlett for as Il the Scheme were a defined coTrlfibulion scheme. The pensions costs charged lo the SOFA In the yeaf ale contributions payable A valuation ol the scheme is carried out every three years. The most recent scheme valuation completed w89 carried out as al 31 st Décémber 2022 This revealed, on the ongoing 3SSLimptions used, the fund is showing a surplus ol assets over liabilities There Is therefore no r*ouifement for deficit payments at the current lime. The legal struclure ol the scheme is such that, If another Responsible Body Fails, College ol Sl Barnabas could becotne iesponsible for paying a share c>1 that Responsible Body's pension Iiabililies. Employee) who are piot part of the senior management team and join a pension scheme after I sl July 2014 are enro11ed Into the NEST schemt with the College making conlribiilions 0130/0 of the members, salary and the employee conlribuling a minimum of 5Q/è. Al 3 1 Aiigusl 2024 amounts owing to the schemes and Included within other creditors amounted lo 2653 12023 £6,772) Total conlribLltions paid In the ye8r lo defined contributio.• schemes amounted lo £44,208 12023 £43.7011 Registered Office- The College ol St Bamabas, Blackberry Lane, Linglield, Surrey, RH7 6NJ Company Number- 00061253 (Eng & Wales) Charity Number.. 205220 Phontr.. 01342 870260 L st Elarnabas 41 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1 A UGUST 2024 23 Restricte(I funds The reslricled funds of the ch3rily comprise the unexpended balances of donations and giants held on trust subject lo specific condilions by donors as lo how they may be used At1 September 2023 Incoming Re50urces resources expended Transfers At 31 August 2024 Walsingharn Pilg11mage N4Jrs1ng wing laundry Underfunded contributions Chapel Lighting fund Future boilèr replacement Green agenda Prayer Pavillion Confident Community Computing Staff laptops Dealguard f1r¢ alarm project 3,284 3,094 121,833 2,305 1,750 900 3,000 3.284 3,094 1121,8331 2,305 1,750 900 3,000 19,427 15,000 1 ,000 119,4271 115,0001 15981 402 136,166 35,427 120.0251 1136,B331 14,735 Previous year- At1 September 2022 Incoming Resources resources expended Transfers At 31 August 2023 Walsingham Pilgrimago Care Wing laLJndry UnderfLinded contributions Chapel Lighting Fund Future Boiler replacement Greèn Agenda Prayèr Pavilion IT Project Opera Care Wing Fund Stair Lift Fund 3,284 3,094 243,666 2,305 1 750 900 3,000 3,284 3,094 121,833 2.305 1,750 900 3,000 1121.8331 2,000 2,400 1.000 7,950 12,0001 12.4001 11,0001 {7.9501 257,999 13,350 113,3501 121,8331 138.166 Tr8nsfers between fLinds represent." Transfer between LJnreslri¢led Geneial and Tangible Fixed Assets Fund, lo equate the balance on the Fixed Assets Fund lo the related fixed assets, less associated loans. al 31 sl August 2023. Transfer from individu31 Teslricled funds cif a capital nature to General unieslricled fund, being essentially capital expenditure in the year on specific projects. Transfer from reslficted Underfunded ConlKibulion fund lo the unreslrieted general fund. This represents the shortfall in the year belween amounts received In the year from Government funding slale-supported Residents and the equivalelll amount receivable al fiormal contribution rates. Regist•rad Offieè: The Collègè of St Barnabas, Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Number.. 00061253 (Eng & Wal8$1 Charity Numtser: 205220 Phone: 01342 870260 'Y st BarnAbas 42 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 (Continuedl Designated Funds The Tangible Fixed Assets fund has been created to cover the valL5e of those assets nderfunded Contributions The CourTruil appfoved "he establishment ol an addition81 designated Underfunded Contributions Fund towards the shortla11 of conlribulions in respect of residents who are slate fundèd. During the year the Iruslees decided this was..no longer appropiiale and iele9sed thes& funds lo Ihe unreslricled fund. Restricted Funds: Walsingham Pilgrimage comprises money specifically for the annual trip lo Walsingham. Care Wing laundry comprises of funds receiigecl towards the maintenance of the washing machine to provide clean linens lo lenanl Underfunded contributions comprises funds received towards the shortfall ol contributions In respect of residenti wh.o are stale fLinded. Chapel Lightin9 Fund comprises money received tOW3rds work reqiiired on the Lighting in the Chapel Future Boiler Replacement comprises money towards replacing the boilers In the future. Green Agenda comprises money received for the Collego's Cr8alion Carè. Vision Prayer Pavilion cornprises money received lo croale an outdoor pavilion lo enable the grounds lo be betler ulilised and be molè accessible all year round. Confidènt Community Coniputing comprises funds for d?Iivery of a year-loTrg Gortiniunity cornpuling ¢oJJrse 31 Ile College. aimed al older member5 of the local community. Staff Laptops comprises fund5 lowaids the purchase of new laptops for the slatt Deafgijard Fire alam) pr¢ject ¢onipr13es money raised to provide specialist fife alarm systems in fbals and rooms Dccupied by those with impaired hearing. 24 Unrestri¢ted lunds The Linreslr5cled funds of the charity cofflprise the ijnexpended balances of donations &nd 9ianls which are not subject lo specif1c condilions by donors and grantors as lo how they may be Lised These Include designèled funds which have been sel aside oiit of unrestricted funds by tho Irusiees loi specific purposes. At 1 Sept 2023 Incoming Resourc6s resources èxpended Transfers Gains and At 31 August losses 2024 Goneral funds 2,408,564 2,368 462 12,470,626) 136,833 21.567 2.464,800 Previous year.. At 1 Sept 2022 Incoming Resour¢es resources expended Transfers Gains and Al 31 August losses 2023 Tangible Fixed Assets General funds 2,291.779 61,113 187.3591 12,097,410) 37,662 2,242.083 166,481 2,128,134 19,5271 2.352,892 2,128,135 12,184.7691 121.833 19.5271 2,408,564 Reglstfrred Offlc$: The College tsf Sl Bamabas, Blackberry Lafte, Lingfield. Surrey, RH7 6NJ Company Numbèr. 00061253 (Eng & Wales) Charity Nuffl￿r= 205220 Phone.. 01342 870260 43 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 A UGUST 2024 25 Analysis of nel assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 August 2024.. Tangible assets Investments Current as8elsllliabililiesl Long term liabilit5es 2.?09 770 259,498 6,282 110,7501 2.209,T70 259.498 21,017 110.7501 14.735 2,464,800 14,735 2 479,535 UnreslriGted Restrietèd funds funds 2023 2023 Total 2023 At 31 Aug¥Jst 2023- Tangible assets Inveslmenla Current assetsllliabililiesl Loing term 1iabililies 2,273,829 240.346 184,3611 121 ,2501 2,273.829 240,J46 51,805 121.2501 136.166 2,408,564 136,166 2,544,730 26 Related party transaclions There were no dis¢10s2ble related party transactions during the year12023 - none). 27 Cash labsort)ed byllggnèrated frotn operations 2024 2023 Delicil foy the year 165.1961 186,1611 Adjustments for: (Gainllloss on disposal of investments Fair value gains and losses on 5nveslmenls Depreciation and impairmeTrl of tangible fixed assets Interest rece1ved Interest paid Investment [na￿agerS fees deducted from portfolio Movements in working capilal= De¢reasellincreasel in stocks Ilnereasel ID debtors Increase in credilors 16.5021 115.0651 105,840 13281 3.195 2,477 4,039 87,360 16341 3,424 4,047 6,693 149,7441 8.112 11441 136,9541 2,562 Cash labsorbed byllgenerated from operations 110,5181 3,027 Regist•r8d Office-. The College of St Bamabas, Blackberry Lane. Lingfield. Surrey. RH7 6NJ Company Numb•r.. 00061253 IEng & Waksl Charty Numbgr.. 205220 Phone= 01342 870260 St Barn8bas 44 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGusf2024 28 Analysis of ¢hanges in net funds Al 1 September Cash flows At 31 August 2023 2024 Cash at bank and ln h8nd 121.459 165,7291 55.730 LDans falling due w11hiiTr one year Loans falling due after more than one year 110,5001 121,2501 110.5001 110.7501 10,500 89.709 155,2?91 34,480 Rogistered Office- The College ol St Bamabas, Blackberry Lane, Lingfi'eld, S￿r￿Y, RH7 6NJ Company Number= 00(￿1253 IEng & Wales) Charity Numbgr: 205220 Phone- 01342 870260 St Barnabas 45 R8gist&r•d Office: The Collegé of St Barnabas. Blackberry Lane, Lingfield, Surrey. RH7 6NJ Company Number.. OO(￿1253 IEng & Walesl Charity Numbèr: 205220 Phone= 01342 870260 Trc￿￿1￿o1 St BkrnabL4 46 TO J Registered Office.. The College Of St Barnabas, Blackberry Lane. Lingfield, Surrey, RH7 6NJ Company Number.. 00061253 (Eng & Wales) Charlty Numb•r'. 205220 Phone.. 01342 870260 Th¢CDlkgeol St Barnabag 47 Canon William Henry Cooper Founder of the College Registered Officè: The College of St Bamab8s. Blackberry Lane, Lingfield, Surrey, RH7 6NJ Company Numbèr.. 00061253 (Eng & Wales) Charity Number.. 205220 Phono: 01342 87026 Thrc￿￿grQrf St Barnabas