LIThLE BARRINGTON CHARITY Charity registered number 237366 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020
LrrrLE BARRINGTON CHARrrY (reg. 237366) REP RTF RTHEY Prinaple address: Mrs P de Haldevang, Village Fami, Little Barrington, Burford, OX18 4TE Trustees setvlng In 2020.. Mrs Philippa de Haldevang ReVend Nicholas Fisher Mrs Venetia Crosbie Dawson Mr James 8ainbridge Mr Robin Mathew QC Mr Charles Neil Mr Paul Stsnley QC Chaimwn Vice ChairnMn retired February 2020 retlred June 2020 apFointed February 2020 appointed June 2020 Independent examlner Mrs Sarah RaintM)w Smith Bank TSB 8ank plc Sheep Street Burford OX18 4LN Little Barrington Charty is a register&J arity no. 237366. The Oority Ccffimissioners heme dated 28 June 2004 governs the charities PThiOLlSly kno%vn as 1) The Church arKI Poor Lands, 2) Charity of Joan Dotset, 3) The Parish Room, 4) Arthur Reginald Hurst for Parish RCKJM. Trustees Two of the Trustees a appointed ty the Little 8arriThJton Parcchial Church Councll and one by the Barrington Parish CourKil. The remaining trustee5 are co-opted. All apwintments a for a FerKKJ of four years. Rlsk management The Trustees have a duty to identify and review risks arvj to ensure that approprvate controls are in pla. Risk management is regularty reviewed and the Trust are sattsfd that approprlate systems are in place. The objects of the Charity comprise of: The provision, maintenance and repair of the Reading Rwm,. The maintenance and repair of St Peterfs Church, Little Barrirw,, The maintenance and repair of the Charty's assets consisting of 8 cottages and laThJ' The relief of rsOn5 resident in the area who are in need, hardship or distress. To promote such general public charitable purp*)ses for the beneftt of the inhabitsnts of the area as the Trustees think fit. The aa of benefit indudes Litt Barrington. Gwt Barringt¢)n, Windrush, Sherb)rne and the surroundlng neightourhocKI.
Public benefit The Trustees confimi that they have referred to the guanCe outlined in the Charity Ccrfnmissioners general guidantr on the public tenefit when reewIng Trusts aims and ob]ettJ'ves in setting out the grant making licy for the year. The Charity's income derives from the rents of 8 cottages, arnble land famied under a Farming Business tenancy, grazirwJ land under a GrazirffJ and Mowing Licence and contributions for the use of the Readiry Room. Bank 8alances At the end of 2020 the Charity bank balan stcoj at £107,535 An interest bearing account is maintained wtth COIF. It is the intention of the Trust to build up and maintsin Suffnt funds to meet the Charity's requirements. Th6 polky Is reviewed annualty. Expendlture Total expenditure for repairs ar)d expenses was £59,395 consistirKJ of.. Property repairs: including t(Jiler maintenarKe, plumbing, ekrtrical works, general maintenan, sewage dlsposal and costs assocIat wfith upgrading the properties to ccmrAy with EPC. Church expenses: Induding repairs arKi rna1ntenan, ckaning. fire protection. Insura and electricity. Reading Room expenses: induding repairs arKI maIntenan, utlllties arn1 ckanlng Benefi expenses: for the provislon and MaIntenan of the Benefi printer. Professlonal fees Expenses for insurance, audit arKI profesSal fees was £11,470. Donatlon$ The donations made by the Charity in 2020 arrK)unbJ to £25,500 ccmprisin9 Of: Sherbome Primary School Kate's Home Nursing Educational grant £20,000.CKI E5,000.00 £500 Aims As previously reported, The Govemors and Headmaster of Sherbyne khcol approached the Trustees In 2018 asking for their support in the furKling of a new classrwrn project resulting from an increase in pupil nurnr5 and the need to improve faalities. Wlth certain cOnditnS, tr* Trustees agreed to contribute funds to this project and will be donating £20.OC¥J each December for 3 years {commenciro DeCeMr 2018). Due to the Continl delay in the planniThJ prc$S, the hCo1 has asked that the amounts due for 2019 and 2020 should continue held within the Charity Account. The Charty accounts on a Receipts and Payments basis and it for this reason the account shows a larger cash amount that usual. The Trustees maintain their previous decision to build up and hold a reserve for neSary refurbishment of the Charity's prOrtIeS and for any wtential contingencies and risks. The inc(Mne for 2020 is less due to the impact of Covid19 which resulted in a number of properknes coming empty and requiriThJ works prior to re-leth'ng. Some works We delayed due to natK)nal Covid restrithns.
Essential works to the Minnow Lane proFerties other than routine repair and maintenance continue induding works to ensure Complian wrth EPC EICR compliance. The quinquennial insprtIon was carrd out on the Church in 2017 and the PCC 15 undertaking works as per the rQMMendatiOns. A trust& has been rKffiinated to work wrth the PCC in this regard. Due to the pandemic, it has not been Fossible to use the Reading Rc(Kn for Ictsl events, Trustees are always pleased to hear of anyone *king financial assIstsr from the Charty.
LIThLE BARRINGTON CHARITY YEAR ENDED 31 DECEMBER 2020 Receipts and Payments account ft>r the year ending 31 December 2020 INCOME 2018 2019 2020 Rent from cottages and farmland Reading Room contributions Bank Interest Deposits received other income 101,595 709 2 85,047 840 336 66,505 195 222 641 Totsl income in year 103,145 86.223 66,922 EXPENDITURE Majorworks House repairs & expenses Insurance Professional Expenses Church Expenses Donations Reading Room expenses Benefice expenses other expenditure Deposit paid 24.191 16,256 2.964 11.457 6.882 6.5c) 2.320 410 26,900 26.299 3,111 ,359 5,038 5,500 982 176 19.447 3.111 9,224 5.093 22,940 1,634 810 Totsl expendllure In year 70.980 62,258 76,365 net inflow / outflow in year 32,165 23,965 9,443 Cash funds at beginning of year ash fund at end of year 60,848 93,013 93,013 116.978 116,978 107,535
LrrrLE BARRINGTON CHARrrY YEAR ENDED 31 DECEMBER 2020 ststement of Assets and Liabilities Gereral purpose Funds Endowment Funds Cash funds M & G Charifund Investsnent Freehold Propertv 107,535 16,694 4,000,000 TOTAL £124,229 £4,CQO,OCN) Cash funds inclLKle £40,000.IXI held on account for Sherts)me Primary School Freehold values a as estlmated by the Trustees
CHARITY COMMISSION Independent examiner's report on the FOR ENGLAND AND WALES accounts Section A Independent Examinerfs Report Report to the trusteesl members of Little Barrington Charty On accounts for the year 31 December 2020 ended Charity no Irf any) 237366 Set out on pages I report to the trustees on my examination of the accounts of the above charity {"the Trust'j for the year ended 3111212019. Responslbllltles and basls of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 2011 {'the Acr}. I report in respecl of my examinalion of Ihe Trust's accounts carried out undef section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable DirectKins given by the Charity Commission under section 1451511bl of the Acl. Independent I have completed my examination. I confirm that no material matters have examlner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charilies Act". or the accounts did not accord th the accounting rordS.. or the accounts did not compty with the applicable requirements concerning the form and ¢onlent of accounts sel out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection wf(h the examination to which attention should be drawn in this report in order to enable a proper underslanding of the ac¢ounls lo be reached. Slgned: Date: 2510612021 Name: Sarah Smith Relevant professional ACCA quallfl¢ation(sl or body Irf any): IER Oct 2018
Address: 4 Honeyham Close Bryze Norton OXON. OX18 3PZ Section 8 Disclosure Only complete if the examinei needs lo highlight material matters of concern (see CC32. Independent examination of charty accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dlsclose. IER Oct 2018
Notes to the Accourst for the year ending 315r Dernber 2020 l. Accounting basis The financial statements have been preparèj under the historthl cost convention and in accordan with applicale accounting stsndards of the Charities Art 2011. 2. Policies The finandal ststerrnts Include flnarKlal transacuons, assets and liab11rt6es for which the Trustees are reSnble. Income and expenditure are irKluded on a R&eipts and PayEnts basis. 3. Bankers to the Charity a TSB, Sheep Street, 8urftyd 4. An interest bearirvj det)sit account maintained with COIF S. The wlicy of the Charity on reserves is to maintsin suffiaent cash to meet its r4uirements for the next 12 months. Thls p)IbCy Is review&J annually by the trustees. 6. The We no Trustees. MUneratIon or other berefits for the year. Approved by the Trust&s on 13th July 2021 Signed on behalf of the Trustees by: Mrs Phlllppa de Haldevang Mr Charles Nell