Charity number: 217929
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST CONTENTS
| Page | |
|---|---|
| Trustees' Report | |
| Reference and administration details of the charity, its trustees and advisors | 1 |
| Trustees report | 2-3 |
| Financial Statements | |
| Independent Examiner's report to the Trustees | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7-8 |
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST ITS TRUSTEES AND ADVISORS
Name of charity
The Barton Under Needwood & Dunstall Key Trust
Registered charity number
217929
Address for correspondence
Mrs Lorraine Brant Clerk to the Trustees 4 Hardy Close Barton under Needwood Burton on Trent Staffordshire DE13 8HG
Trustees
Cllr Mrs Jacquiline Jones (Chairman) Mrs Samantha Cowgill Miss Suzanne Van Daesdonk Dr David Okoye Rev. Andy Simpson Cllr Mr John Moffat (resigned Feb 2025) Mr Jonathan Cunningham Mr Ray Holder Mr Ed Sharkey Mr Brian Mole Mr Simon Clarke (appointed May 2025)
Accountants
Nuvo Accountancy Limited Millennium Court First Avenue Burton upon Trent Staffordshire DE14 2WH
Independent examiner
Nuvo Accountancy Limited Millennium Court First Avenue Burton upon Trent Staffordshire DE14 2WH
Bankers
CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ
1
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
TRUSTEES' REPORT
The trustees are pleased to present their report and the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Effective 1 January 2015) - (Chairties SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006, in preparing the annual report and financial statements of the charity.
Aims and Purposes
The aims of the Barton under Needwood & Dunstall Key Trust ('the Trust') are to distribute the income derived from investments, including rent from land, in accordance with the Trust Deed, whilst maintaining adequate reserves in line with future planned commitments.
Objectives and Activities
The objects of the Trust are to meet the needs of the residents in the area of benefit as laid down in the Trust Deed, including:
contributing to the upkeep and maintenance of the Parish Church in Barton under Needwood, relief of persons who are in need, hardship or distress, and
for the general benefit in such charitable ways as the trustees think fit
Achievement and Performance
With our Trustees wide ranging knowledge of our community, commercial acumen and experience of managing charitable organisations we are well placed to continue the development and successful operation of the Trust. I thank my fellow trustees and our Clerk, Lorraine Brant for their support. Without their dedication and hard work to this Trust it would not be such a successful contributor to the community and residents in Barton & Dunstall.
Finance & Investments
We remain content with the service and performance of Rathbones (formerly Investec), our investment managers, and continue to review their appointment to ensure that the trust is well served. To this end we have a regular annual meeting to discuss their performance and our options. We are grateful for the support from Holcim (formerly Aggregate Industries) for providing regular royalty payments. This is paid into the capital of the Trust through the Community Fund Agreement, and this provides additional income to support local beneficiaries as defined by our Trust Deed. Our allotments are a further source of income and were well occupied throughout the year. Total administration costs were 5.0% (2023 5.0%) of net investment income (excluding Rathbones management fees).
Grants
Once again, we have been able to support many local organisations with funds to help them deliver benefits for our community. We continued with our support of Barton’s Family Festival with the all-important Teddy passports, a candy floss machine and a new gazebo. Barton Lions again had support for their Christmas and summer Tea Parties, and we were pleased to support the Barton Volunteer Network and the village’s WW11 celebrations. St Mary’s Church was able to get its clock working again and we provided a FeNo machine for Barton Family Practice. Holland Tug of War Club were given help with a new polytunnel. We pledged support to JTHS for an all-weather pitch and to the Rugby club for all important ground works. Our Christmas Vouchers helped many residents at a difficult time of year, and we were well supported by many local traders who display our posters and accept our vouchers. We helped young people with various worthwhile activities abroad like Turtle Conservation, projects in Costa Rica and Africa and continue to support students with the World Challenge. The Key Trust is proud to regularly support annual award schemes in all three of the Barton under Needwood schools. We have been working with both our primary schools to give support to pupils with various areas of need.
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THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
TRUSTEES' REPORT
Marketing
The Trust is grateful to The Chime for their continued support throughout the year. This year, Trustee Sue van Daesdonk took on the responsibility for marketing and submitting articles to the Chime and we are grateful for her diligence in this. Our website (www.bartondunstallkeytrust.co.uk) has details of grants awarded, information and forms on how to apply, dates of meetings and other information.
Personnel
During the year one of our longest serving and most experienced Trustee, John Moffatt decided it was time to stand down and for someone else to take over. John was nominated by Dunstall Parish Council at the inception of the Barton and Dunstall Key Trust. Once accepted as a Trustee, they are always independent, but John represented the people of Dunstall with a passion while also making sure we were always on the right track. All trustees have been grateful for John’s guidance and common sense. I personally want to record my thanks to John for his input, his conscientiousness, his wonderful contribution and all the support he has given me over the years. Trustees welcomed the new Dunstall nominee, Simon Clarke and we look forward to Simon’s input.
With our Trustees wide ranging knowledge of our community, commercial acumen and experience of managing charitable organisations we are well placed to continue the development and successful operation of the Trust. I thank my fellow Trustees and our Clerk, Lorraine Brant for their support. Without their dedication and hard work to this Trust it would not be such a successful contributor to the community and residents in Barton & Dunstall. It is a privilege and a pleasure to work with the Trust and all Trustees. We look forward to continuing and expanding the work of the Trust for the benefit of our local community in the coming year.
Public Benefit Requirement
The Trustees feel that the performance in the year demonstrates that the Trust continues to meet the Public Benefit criteria whilst complying with the Trust Deed.
Approved by the Trustees on and signed on their behalf by Mrs J Jones, Chairman.
Mrs J Jones
Chairman
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THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
Independent Examiner's report to the Trustees of the Barton under Needwood and Dunstall Key Trust
I report on the accounts of Barton under Needwood and Dunstall Key Trust for the year ended 31 December 2025 which are set out on pages 5 to 8.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention
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Which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lee Frost FCCA for and on behalf of Nuvo Accountancy Limited Accountants and Statutory Auditors
Millenium Court First Avenue Burton upon Trent Staffordshire DE14 2WH
4
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
STATEMENT OF FINANCIAL ACTIVITIES (including receipts and payments account) for the year ended 31 December 2025
| Notes RECEIPTS 1 Voluntary income Donations and legacies Investment income Dividends (gross) Rent Royalties Interest TOTAL RECEIPTS Vouchers Grants St James Payments for expenses Clerk's fees Printing, postage and stationery Accountancy fees Subscriptions Professional and Investment Management Fees Marketing and advertising Sundries TOTAL PAYMENTS PAYMENTS FOR ASSETS AND INVESTMENTS Payment into investment Investment fees paid from investment funds (Increase)/decrease in debtor balances Increase/(decrease) in creditor balances Net increase in cash for the year Cash balances brought forward CASH BALANCES CARRIED FORWARD |
Total funds 2025 £ 1,000 56,250 1,775 44,448 875 103,348 104,348 7,648 45,972 5,596 2,686 44 558 143 5,296 - 1,855 69,798 (47,944) 17,821 3,459 15,614 (11,050) 23,499 43,796 67,295 |
Total funds 2024 £ 3,000 68,985 1,745 48,257 1,329 |
|---|---|---|
| 120,316 | ||
| 123,316 | ||
| 6,640 37,256 5,290 2,277 379 480 69 17,733 387 316 |
||
| 70,827 | ||
| (44,592) 17,733 8,989 (3,328) |
||
| (21,198) 31,291 |
||
| 12,505 | ||
| 43,796 |
5
THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
STATEMENT OF ASSETS AND LIABILITIES as at 31 December 2025
| Notes FIXED ASSETS Tangible assets 3 Investments 4 CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS: amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CHARITY FUNDS Unrestricted funds TOTAL FUNDS 5 |
2025 £ 80,000 2,440,781 9,078 67,296 76,374 (39,821) 36,553 2,557,334 2,557,334 2,557,334 2,557,334 |
2024 £ 80,000 2,336,157 12,537 43,796 56,333 (24,207) 32,126 2,448,283 2,448,283 2,448,283 2,448,283 |
2024 £ 80,000 2,336,157 12,537 43,796 56,333 (24,207) 32,126 2,448,283 2,448,283 2,448,283 2,448,283 |
|---|---|---|---|
| 2,448,283 | |||
| 2,448,283 | |||
| 2,448,283 | |||
| 2,448,283 |
The financial statements were approved by Trustees on and signed on their behalf, by:
.......................................................... Mrs J Jones Chairman
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THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2025
1 ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Barton Under Needwood & Dunstall Key Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historial cost or transactions value unless otherwise stated in the relevent accounting policy.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the committee in furtherance of the general objectives of the company and which have not been designated for other purposes.
There are no restricted funds in the year.
Incoming resources
All incoming resources are included in the statement of financial activities in the period to which they relate.
Resources expended
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs .
Going concern
The Trustees have considered the requirements of the company for a period of 12 months from the date of the approval of these financial statements.
2 TRUSTEES' REMUNERATION & EXPENSES
No remuneration was paid or is payable for the year out of the funds of the Centre, either directly or indirectly, to any trustee or to any person known to be connected to any trustee in respect of the year ended 31 December 2025 (2024: nil)
�
No reimbursement of expenses has been paid or is due to be paid to any of the trustees in respect of the year ended 31 December 2025 (2024: nil)
3 TANGIBLE FIXED ASSETS
| Cost At 1 January 2025 At 31 December 2025 Depreciation At 1 January 2025 At 31 December 2025 Net book value At 31 December 2025 At 31 December 2024 |
Land £ 80,000 80,000 - - 80,000 80,000 |
Total £ 80,000 |
|---|---|---|
| 80,000 | ||
| - | ||
| - | ||
| 80,000 | ||
| 80,000 |
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THE BARTON UNDER NEEDWOOD & DUNSTALL KEY TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2025
4 INVESTMENTS
| Cost At 1 January 2025 Additions Fees deducted Market value increase/(decrease) At 31 December 2025 Other investments Listed investments Listed investments at market value |
Other investments £ 2,336,157 47,944 (17,821) 74,501 2,440,781 2025 £ 2,440,781 2,440,781 |
Total £ 2,336,157 47,944 (17,821) 74,501 |
|---|---|---|
| 2,440,781 | ||
| 2024 £ 2,336,157 |
||
| 2,336,157 |
5 FUNDS
| Unrestricted funds At 1 January 2025 Receipts Payments Increase/(decrease) in investment value At 31 December 2025 |
104,348 (69,798) |
General funds £ 2,448,283 |
|---|---|---|
| 34,550 74,501 |
||
| 2,557,334 |
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