LrrrLE BARRINGfoN CHARITY Charity registered number 237366 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
LTfTLE BARRINGTON CHARTrY (reg. 237366) Prlnclple address: Mr James Bainbridge, Lower House, Little Barrington, Burford, OX18 4DS Emall: I Trustees seNing In 2024.. Mr James Bainbridge Mrs Venetia Crosble Dawson Mr Charles Neil Mr Paul Stsnley KC Mrs Philippa Oe Haldevang Ms Helen Lord ChaiMn VI Chair retired June 2024 apwnted Sept 2024 Independent examlner Mrs Sarah Smlth Bank TSB Bank plc 13 High Street Witney OX28 6PH Little Barrington Charty is a register&J Charity no. 237366. The Charity Commissioners Scheme dated 28 June 2004 governs the charities previously krwn as l) The Churth and pc La15, 2) Chanty of Joan Dorset, 31 The Parish Rcom, 4) Arthur Reginald Hurst for Parish Rcom. Trustees Two of the Trustees are app)inted by the Litt 8arrington Par(Khial Church Council and one by the Barrington Parish Council. The remaining trusts are co-opted. All apFK)intsments are for a period of four years. Risk management and pollcy The Trustees have a duty to identify arKI revwi risks and to ensu that appropriate contro15 are in pl. Risk management is regularly reviewed and the Trustees are satisfRd that appropriate systems are in pla. Reserves wlicy.. It is the intention of the Trustees to build up and maintain suffKient funds to meet the Charity's requirements. This p)licy is revEwed annualty. Grants policy: Trustees consider what exFnditure the charity has made under this head and annually review this wlicy Conflict of Intet. It is recorded that Mrs Philippa de Haklevang dedad a conflict of loyalty arising from her husband's seryice as Churchwarden of St Peterfs, Little Barrington. Trust$ considered the Charity Commission guidance on conflitt of interest and resolved that she was entitled to pacipate fulty in any deasion making regarding St Peterfs wittK)Ut further or more specifK re501ution.
BJE The objerts of the Charity comprise of: The provision, Maintenan ar repair of the Reading Rry)m: The mainteTran and repair of St Peterfs Church, ttle 8arrington; The Maintenan and repair of the Charivs assets consisting of 8 cotlages and land; The relief of Fersons resident in the area who are in need. hardship or distress. To promote such general public charitsbk purp)ses for the benefit of the inhabitsnts of the area as the Trustees think fit. The area of benefit includes Little Barrington. Gat Barrirwn, WirKirush, ShertKsme and the surrounding neighbourhoc(l. Public benefit The Trustees confirm that they have referred to the guKlance outlined in the Charity Commissioner5 general guidance on the public tenefit when revWIng the Trusts aims and obRth"ves in setting out the grant making policy for the year. The Charlty's income derives from the rents of 8 cottages, arabk land farn under a Famiing Business tenancy, grazing land under a Grazing arKI Mowing LKence and contrlbutKJns for the use of the Readlng Room. Bank Balances At the end of 2024 the Charity bank balance5 Stwd at £187,079.51 indudirvj the £40,000 grant for Sherrne Primary School held on account. An interest tearing account is maintained with COIF. An Accumulation fund is maintsined with M&G investments, Property expendlture Major works - £21,469.10 induding: r¢xsfing wtrks, ground works and tr MOval, Repairs and maintenance - £11,029.02 consisting of: ller maintenantt, plumbing, electrical works, general malntenance, sewage disposal ahd costs a55CKk)ted with upjrading the propetties to comply with EPC. Church - £44,747.10 including: paIrS and maintenance, thanirKJ. fire protectk)n, insurance and electricity and works arising from the Quinquennial inspectKJn Reading Rcom - £9,813.30 includiThJ: repairs and rna1ntenan, utilities and cleaning Professlonal fees Total exFendItU was £22,451.12 solicitor, insuran, audit and Managennt costs. Donations The donations made by the Charty in 2024 amounted to £6,230.20 comprising of., Communty grants Grant - st Mary's Church Benefice printer for use of the CcnMunity £1,250.00 £4,880.(XJ £100.20 E40,000 continues to be hekl on account for SheriNNne Primary Sch1
Alms As previously reported. The Govemors and Headmaster of SherLxirne Scknl approach&l the Trustees in 2018 asking for their SUPFOrt in the fundiThJ of a new dassroom proprt re5ulb.ng from an increase in pupil numbers and the need to improve facilities. With certain conditions, the Trustees agreed to contribute funds to this project and donated £20,OCK) each Decemter for 3 years (commencing Decernir 2018}. The schcol has received the donation of £20.oc for 2018. but the Schcol request&l that the anv)unts due for 2019 and 2020 should continue held within the Chartty Account due to the conts.nued delay in the planning pr$. The Governors wularly keep the Trustees UFdated wtth progress aThJ it is believed that matters will proceed now that the school's to join the Corinium Education Trust (Academy) on 1" February 2025 The Trustees maintain their previous decision to build up and Ild a reserve for necessary refurbishment of the Charity's properties and for any wtential conts"ngencies and risks. Essential works to the Minnow Lane and Leys Fam proFerties other than routlne repair and maintenan continue including works to ensure compliance wrth EPC and EICR compliance. The were some major works rcofing works required during 2024 and addrtional works required for 2025. The Reading is used for communty events meetings. Trustees a always pleased to conskts anyone seekiThJ finanoal assistan from the Charity wlthln the charity's objects.
LITfiE 8ARRINGTON CHARITY YEAR ENDED 31 DECEMBER 2024 Receipts and Payrnents account for the year endin8 31 December 2024 INCOME 2022 2023 2024 Rent from cottages and farmland Reading Room contributions Bank Interest other income 95,728 98,514 340 4,890 107,049 989 6,589 0 825 Total Income 5n year 96.933 103.744 114,627 EXPENDITURE Major works House repairs & expenses Insurance Professional Expenses Church Expense5 Donations Reading Room expenses Benefice expenses other expenditure 10,535 10,491 4,186 16,911 s,(7 3,006 1,293 123 23,040 16,207 4.804 12,382 5,341 4,500 3,070 317 36 21,469 ,/ 11,029 . 5,782 16,669, 44,747 6,130 9,813 loo Total expenditure In year 51,552 69,697 115,739 net inflow l outflow in year 45,381 34,047 1,112 Cash funds at be8inning of year cash fund at end of year 86,358 131,739 131,739 165,786 165,786 164,674
LrrrLE BARRINGTON CHARITY YEAR ENDED 31 DECEMBER 2023 statement of Assets and Liabilities General purpose Funds Endowment Fund5 Cash funds M & G Charifund Investment Freehold Property 164,674 22,405 5,115,Crt)O TOTAL E187,079 £5,115,000 Funds include £40,0(M).00 held on account for ShertKsrne Primary Sttthl Freehokl values a as per the valuation carried out by Tayler & Fletcher on 24th August 2022.
CHARITY COMMISSION FOR ENGLAND ANO WAIES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trust$1 m•mb•rs of Little Barrington Charty On accounts for th• y•ar •nd•d 31 December 2024 Charlty no 237366 S•t out on pag•s I report to the trustees on my examination of the accounts of the above chanty (Ihe Trust.) for the year ended 3111212024. As the charty's trustees, you are responsible for the preparation of the accounts in accordance wrth the requirements of the Charities Act 2011 {Ih8 Act'}. R•sponslbllltl•s and basls of roport I report in respect of my examination of the Trust's accounts carried OLrt under section 145 of the 2011 Act and in carying out my examination, I have foll(Aved all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. Ind•p•nd•nt I have completed my examination. I confinn that material matters have •xamin•rfs stat•m•nt come to my attention in connection with the examination which gives me cause to believe that in. any material respect.. the accounting records were not kept in accordance with section 130 of the Charrties Act.. or the accounts did not accord Imth the accounting records,. or the accourrts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that tha accounts give a Irue and fairf vW which is not a matter C4)nsidered as part of an indepondent examination. I have no concerns and have come a£$ no other matters in connaction with the examination lo which attention should be drawn in this report in order to enable a woper understanding of the accounts to be reached. Slgn•d: Dat•: 20103r2025 Sarah Smith R•l•vant wof•••k>nal quallfl¢atlon{s) or body (Il*ny): ACCA IER Oct 2018
Address: 4 Honeyham Close Brize Norton OXON, OX18 3PZ Section B Disclosure Only cornete if the examiner needs to highlight material matters of concern (see CC32. Independent examinakn'on of charity accounts: directions and guidance for examiners). Glv• horn brf•f d•talls of any It•ms that the •xamln•r wl$h•s to dlsclos•. Oct 2018
Notes to the Account for the year ending 31st Decemiw 2024 l. Accounting basis The financsal ststements have tEen prepared under the historical cost convention and in accordance with applicable accounting stsndards of the Charities Act 2011. 2. Policies The financial statements include financial transacbons, assets and liabilit*s for which the Trustees a responsible. [rOrne and expenditure are included on a Receipts and Payments basls. 3. Bankers to the Charity are TSB. 13 High Stree¢ Witney. OX28 6PH 4. An interest tearing deposit account 15 maintained with COIF 5. The policy of the Charity on reseNes is to maintsin sufficient cash to meet Its reyulrements for the next 12 months. This p)licy is vieWed annualfy by the trustees. 6. There We no Trustees. remuneration or other berefits for the year. Approved by the Trustees on 7k Signed on behalf of the Trustees by.. Mr James Balnbrldge Mr Charfes Nell