Charity Reglstratlon No. 241383 BARNSBURY CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
BARNSBURY CHARITABLE TRUST LEGALAND ADMINISTRATNE INFORMATION Str H L J Bnmner L8tyMRCBru Ms}MSl 241383 Prin¢iple Office 26 Nortwn Road OX2 6SF Governlng Indepondent gx•nlnérs crftt* Aj11 LLP 28 Hythe BrKbJe Street OX12EP Bankers NatW Bank pk 18 Market p RG9 2AP PooM¢ltors Freeths S(thkxs C(Avley Oxford OX4 2BH
BARNSBURY CHARITABLE TRUST CONTENTS Page Truslae8 report 8tAt8m8nt of tru$tee8 responslblllli88 Irthpondent examln*$ report PAatement of ftnanclal acUv11108 Balance 8he6t Note8 to the flnanGlal statements 8-10
BARNSBURY CHARITABLE TRUST TRUSTEES REPORT FOR THE YEAR ENDED 5APRIL 2021 The twsys objethes are to rK0 irthm tr ctwllabl8 end ¢haritabJe purp0888 at lh8 dlscrguon of the truslees. Mrylh a sp8dd (x¥Kem for Oxfcd5Nro. Tha Twst does not lder appllcations from The Trustees are dlrncted to ap the or (¥tsl of the Tnrnt FuThl to suth dwrltable pwpo88 or purpo8es and In 8uch Pro[1 as they from Ihne to time In their 801e discreti think fiL The TTU8tae8 confirni that Ilw have rthrnd to Iho o)ntalngd In tho Charity CommF88ion's general guldan&8 on wblic benefft when reOThj the TnS alft arKI objectlve8 and In plannNig futur6 avItIe8 and settlng the grant making WIGY forthe yolr. Achlev•m8nts and perfonThan The Tmst has established Its gmt makln9 to achkn Ils oblocts for pU[C bènefiL GMIS Wern made In Ilne wllh thls w4i¢y duflng tha ya8r as set out In r18 5 to the accow The Trustees are of fhek dity to ap Incom8 fund8 crf tho dwflty wlthkn a reasonable Ilma of tholr f01P1 and of tho noed to luslify any Income mserve8. At 5Arml 2021. th8 levol of such income rese5 wa8 £7.100,028 la8 (ximpwed th total income r888rva8 of £6,127.318 at 5 Wil 2020). Th? TDJ8tee8' po]Icy is lo malnlaln sufflclent Income rKep4es to proth¢e h)vg8tr1 Incom& of a level adequato lo rn8 anllatod Tru8tèes held tha as80ts 01 th6 tru8t In 8(zOrdan ith lh poww8 durlNJ the yow. Th8 TnAle88 hov• ab801uie d18crelkn to Invest Ihe fund6 of the T. no r08trkllon8 ore placed on Ihe80 power8. The Trusteg8' pollcy for the selethn of Investments for th6 48rity 18 to to aLlove a balanco bolwwi Inm and caplal wowu). The Trust has a pollcy ol rètslnlng 8uffldrt unreslActsd re8wveg to lIna Its plarned Fvogranme and meat 119 luturn financial oblig4kn8. For th18 wrpose. tho Trusle¢s monlknr finwKaal perfomwnGe and fofyc08t furn ¢ommlknonts and res•rve8 for a nmnlmuffl 0118 monlhs ahead. Structurei g¢)v•mance and mry Bamsbury Charltable Trust wa6 eWl8hed a Trust deed daw 22 Odober 1964. New Truste68 are appointed elther to fill a vacancy or by VAY ofaddS1ion io the Board. Partl¢ular empha8ls18 placed upon the 8ppolnlmenl of Trustees ith expellen Telovant to the Tru8fs charllable octivllies. When new Tnth arg epwntod they are glvon an Introductlon to the wcffk of lh8 Tru81 8Th1 prodad with the Informalh)ft they need to fvlfil thelr Inc&vJes nnatIOn abwi the rola ol tho Trustoes and thelr respunsibiktses der the Chariti88Act 2011. The Board ofTru8tO88 moet regrIY to ththl¥terthe chwhy trj tako dedsbns about the di8trlbudon of th8rllabb funts. Th8 Trustee8 ha¥p Identrfted the m8h)r rtsks ff•y affe( tho cl *KI have taknn roBson8bl8 steps to nmugate those risks. Tho trusteeB r9POrtwa8 approved by tho Board ofTnthes. 8lrH LJ8Nn Truste8 nAtAA.
BARNSBURY CHARITABLE TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED SAPRIL 2021 Th8 trustees ara responslble for preparfng fh8 Truslees Report and the financial 8talemenl8 In aOrdanCe wilh appllcable law and United lfjThJdom Accounting Standards (United Klngdom Generally Accepted AcMunflng Pra¢tic&}. The law 8pplicable to charllles In England and Wal8s requires the tn18tees to prepara finanryal statements for each finanual year whlch glve a true and falr vlew of the stalè of affalrs of the Charlty and of the Incoming SOLrrce8 and oppIiLxtion of resources of the Charity for that year. In preparfng these flnanclal stat£merrt5. tho tNstèe8 are requlred to: - 8elect stable accounting polldes and then apply them cons18tently". - ob8erve th6 method8 and prlnclples kn tha CharM6s SQRP,. - make judgements and 881knates that are re88on8bl? and pwdent: 8lale whelh8r app]Icable accounllng 8tand8rds have b8en followed, subject to any materlal depertuos dlscFosed and explalned In the fingndal statements: and prepare the flnanGlal $latem8nt8 on thè golng concem ba8ls unle88 It 18 5n8pproprfate to presume that the charity wlll contlnua In operatlon. The trustae8 aro re$ponBlble for ke6plng sufficlent Accounllng record8 that d1108& wlth reasonabl8 accuracy at any Ilme th& flnanclal p06111Dn of the Charlty 8nd enable thgm to ensur8 that the financlal Ststements comply wllh the Ch8ri1i98 Act 2011, the Charity (Aeeount8 and Reports) Regulallons 2008 and th8 provislons of the trust deod. They are also responsible for $afeguardlng the a8S81s of the Ch8rfty and hence for taklng reasonabl gtep8 for the preventton and detection of fraud and olh8r Irregulartlie&.
BARNSBURY CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BARNSBURY CHARITABLE TRUST I report to the tN5te8s on my wmlnatbn of th& thandal statéments of Bamsbury Charitable Trust (the Charlty) for the year ended 5 April 2021. Rgsponslblllues and ba81$ of report As tho trustee$ of the Charfty you are responsible for the preparatlon of the fmancial slatements in accordan with the requirements ofthe Ch8rftle8Act 2011 (the 2011 Act). I report in re8PeCt of my examinatlon of th& ChWs fmancial statements calrfed (Mjt under 8e¢llon 145 of the 2011 Act. In carrylng out my axamination I have followed all th8 appllcable Directlons given by the Charity Commlssion under section 14515)<b) olthe 2011 ACL Independent oxamlnets statement Your attention Is drawn trj the facl that the charity has prepared financlal statsmenls In accordance wllh Accountlng and Reporting by Charitles preparing their accounts in acrordance with the Flnanctal Reporting Standard applicable in the UK and Republlc af Ireland (FRS 102) In preference lo the Accounting and Reporbng by Chariltes: Staiement of Recommended Pract1 Issued on 1 April 2005 whl¢h Is referred to In the ext)t regulattons but has now been withdrawn. l Undetand that thls ha8 b6en done In or<ler for firHnckl 8tataments lo provid& a tru8 and far vl8w In accordance wllh Generalty Accepted Aco)untlng Pracltce effe¢tlve for reportlng porfods beglnnlng on or after 1 January 2015. I have complgled my examlnatton. I confirm that no matters have come to my attention in Mnnpction with the examination gIng me cause to bellev¢ that in any material r&spect: accounting records were not kept in respect of th8 Charity as requlred by seclion 130 of the 2011 Art or the financial statgm8nts do not accord with Ih05e records: or lh8 financial 8fatements do not compty with the apICable requirements ColornIng the fom and content of accounts set out in the Charftie8 (Accounts and Report$) Regulallons 2008 other than any requiremenl that the accounts give a true and falr view which Is not a matter ¢onsldered as part of an Ind&pendent ex8minaffion. I have no conGem$ and have ccwn8 no olher matt8rs In cneCtIOn with th6 examination trj whlch att8ntion should be drawn In this r8POrt in ord6rto enable a proper und8r8tsnding of the fin8nCtal statements to be rgaced. Robert Klruand FCA Crflchleys Audit LLP Beaver Hou88 2&38 Hyth& Bridge Street Oxford Oxon OX12EP Dated: ..2Q.Av.gust 2021
BARNSBURY CHARITABLE TRUST STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOMEAND EXPENDtruREACCOUNT FOR THE YEAR ENDED 5 APRIL 2021 Unrestrictad Unrestricled funds funds 2021 2020 Investsnents Donatl¢)ns Bank Interést 154.161 66,085 40 153.549 174 Total Income 220.286 153.723 Charitable activttEes 165.020 121.2SI Net gains100s) on lrNeststs 917.444 77,283 Net movemont In funds 972.710 109,739 FUTh balan$ at 6 Aprl 203) 6,127.318 6.017.579 Fund bn¢es at 5 April 2021 7.100.028 6,127.318 The statement of finani?al adTrknes 81 galns and losses recognised in the year. AJI income and eypendture delive from a(¥il
BARNSBURY CHARITABLE TRUST BALANCE SHEET ASAT5APRIL 2021 2021 Notes 2020 Flxed assots Investment8 Current assgt8 Cash at bank and Sn hand 6.930,515 6.013.071 170.893 115,547 Credltors: amounts falling qlue wlthln one year {1.380) (1.300) Net current assets 189,513 114,247 Total 8880t8108s current Ilabllltle8 7.100.028 6,127.318 Incomo fund8 Unr8slrl¢tsd funds 7.100,028 6,127.318 7,100.028 6,127,318 e flnanclAI ststements werè approv6d by thé TruBt8e$ on ,. } 2•31 J Brunner Twst•e
BARNSBURY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 Accountlng pollcle¥ In preparkng the accounts the folowing a(xxwnlkng FdiLae8 hwe baen o)mplled vAth: 1.1 A¢Gountlng ¢onv•ntlon The financial sletements have been pr8paTed kn accordance tyth the ChwhE88 Act 2011 and 'A¢Gountlng d Roporknng by Charftias: Statament of Rec(xnmend8d Practlce applTrcabb to ¢harltie8 kyeparfng thelr accounts In accordan¢& with the Fndl Roporting Slandard applicabl8 kn tho UK and Republlc of Ir01and (FRS 102) (effecllvè 1 Januay 2019)". The Chwity is a Publlc 8enefft Entity as defined by FRS 102. The Charity ha$ taken advantsge fA the wovL%lorn In the SORP for chwit$ applying FRS 102 Update Bulletin 1 not to prepare a Statement ol Cash Fkhvs. The flnandal slatoments have been prep¥ed under the lknricd c08t conven0. 6xeept for Investment8 which are Sho at market vthg. The prtnoipal accounlng pdides adopted are Set out bakrw. 12 Golng ¢onc•rn At the lime of approvlng the financlal statern. Iho InJ8t8ts ha a r6a8onable expectatson that Ihe Charity has adequate resources lo c<)ntlnue kn operatknal exlslen¢e for the forege&able future. Thu8 Ihe truste08 continue to adopt thè going concem bas18 Of a¢GoLrtlng In prepartng the financ5818tatenwnts. 1.3 In¢om• Incoma 1$ ynerally recowljed on a rwxlv)1o b8¥ls and roported gr085 of related expondltura. whore the amoun16 are reasonably wtaln and then there18 adewate certalnty of recelpl. The followlng spectfic polk1 apF4led to partknlw eategorfas of Inceme: Income arfsng on Invesbnents. tog8ther vrith any assoclated lax ¢xedll Is rocognE&ed In the year In [ch it 18 recelvabie. Interest on deposlt a(Unts ig thdllod in Ihe yew Wi It18 received. 1A Exp•ndlture Expendlture 19 acGwntgd for on an ac•u basls and gr05s pf any related in¢omg. Costs are classId under headings that aggregate all costs related lo tha cale9w. Vlher& costs cannot be dtrectly attributed trj headlngs, thoy have been allocated to acl5vilie8 on a basls )nsIStenI wth the us? of r8sources. Costs of tharitable acti o)mprise dlrECt expeThJkure Induthng donatm Expendilure on donatEons Is recorded onee the Twst has rnodg an unconthtional commllmenl to Pay the donatkm8 thls is coMMated to the boneficlary or the donatkjn has been pakl. whichgver 18 the earlter. GovEm8nce costs indud8 those (x)8ts. such as hdent oxanln8rfs l audltor'B few 93so¢rated witt) conslitutlonal and rewlr¢ments. 1.5 Invoslments Investments are Inthd8d kn the bance sh&8t at mwket value. Quoted Investments h&v8 bean vaued at middle markel prices ac Within a w8ek of. the balarkce sheet dato. Galns or losses arfsing on revaluation to market value are cre(liled w chww In Ihg Statwnth of Flnan(xal Activit$ as they eilsg. 1.6 General Inveslmerts: Those are held In the na Iee8 the approprfate invesbnent cerbficates held by Messrs Lawrence Graham on behalf of the trustees at the date ofthese acLxiunts. During the period of Ihes8 accounts L&v[e0 rx)t recefvgd any sums In resped of shared commlssion.
BARNSBURY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2021 Inv03tments Unrestrkted Unrestrictsd funds nds 2021 2020 Divtdends redeved 154,161 153.549 Charllable actlvltles Charitable Expendlture Hoading 1 2020 2021 GRnts (see analysls below) Bank charges and Interast Independent 9xamlnets fees Underl (over) provision of last yeafs fee8 163,585 35 1.380 20 119.985 62 1,300 (80) 165,020 121.267 165,020 121.267 The charty dld not undertake any Charitable aclivltios dlrectly. but mel its eharft8e purp89 by maklng grdnts. Grants 2021 2019 Grants 163,584 119,985 2021 2019 Abbey Church of st Peter & St Paul. Dorchester on Thames Aclive Oxlordshlre Age Con¢em Oxfordshre All Salnts Church PCC, Wotton Underwood Anglican Cerrtre in Rome Archway Blackfrlars OverseasApJ Thst Bookfeast Borrowdal8 Insutute 10.000 1.000 5,000 2,000 2,000 100 1.000 2.500 500 1,000
BARNSBURY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2021 Grant8 Iconllnued) CataWt Sdence D18eovery Centre Ce¢iVs Fund Charities Atd Foundatlon Char(ti8s Thist Cty of Sanctuary Cure Pathn8on's Trust Dorch98terAbboy Pr&8eN8tion Trust Employment Action Group (BeTln5fialdl Ltd Frlends of Ablngdon Abbey Bullding Trust Frlends of Blx Church Frlends ofTha BodleSan Good fcrf)d Oxford Hampden Trust Hèlen and Douglas House Holy FalY Church Wackbrd Ltys Host UK Kèep Britlan Ildy L8ndmark Trust Little and Long Wlttenham PCC London Library Museum of Oxford DevelopmenlTnJst Music at OxFord Oxford and DistriGt Mgncap Oxford Chamber Musl¢ Foundation Oxford Oratory Trust 10,CNJ) 10.000 1,000 10.000 2.000 1,000 250 5,OLK) 5.000 s,000 250 250 1,000 1fxi 100 1,000 2,5CK> 2,000 5.000 2.500 1.000 6.000 500 2,000 2.01)0 1.000 500 5.(100 100 Oxford Preservation Trust Oxford Wnter Nrght Shelter Oxlordshlre As8OCtatÉon for the 1nd Oxlord5hlre chin Communlty 8ndAthAce Cantre (knrdshlre Communlty Foundation Oxfordshlre HWC Churches Trust Othrdshlre Mlnd Oxfordshire Museum Oxford8hire VCH Trust PCC of St Giles Church Oxfor(I PCC of St Ml¢hads and All Angels. CIFfton Hampden PCC of St Margarat Lilue F¥ingdon Pègasus Theatre Trust Photography Oxford Radcliff• Inltrmary commènKYthè commT8skJn Responsg Organisauon Slr John Dean8'$ 6th Fom College Nortliwich Soball House Sddiers of Oxfordshire Museum South OxlordAdventure Playground St. John'8 College Durham 8t Lukes Htsspltsl Oxford Sue Ryder. Nettlebgd AW PAth lAtirtn 250 2W 5.000 2.5CKI 2,000 1.000 11.otio 10.000 10,000 2,500 250 5.000 4,Otio 5,000 1000 2.51)0 20 2,000 5,000 10.Crf)O 2.500 2.000 5.000 5.000 2.600
BARNSBURY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 Grants (Contlnuod) Thè Ablngdon Brfdge The Brain Tumour Charty The Earth Tfust The Galehou8e Oxbrd The Nudeo Project The Oxford Foundatlon Th8 Story Museurn WaterAtd Wolfson College, Oxford 5.000 1.000 S.(MlO 1.000 6.000 5,000 5,000 1,000 5,000 183,584 119,986 Truste•9 Non8 of the InJsteO8 (or any per8ono connected wllh them) rocalved any remuneratlon or benaflts from the Charity durfng the year. Net galn•lOo¥8081 on Invo5th1onts Unre8trlctsd Unre8trkted nd* fund8 2021 2020 Unreall8ed galn8 on revalu8tlon 917.444 77,283 Inve8tmentg Investmgnts Cost or valuauon At e Aprfl 2020 ValuaJon thanges 6.013.071 917.444 At 5 Apnl 2021 6.930,515 Carrylng amount At 0SAprSi 2021 6.930.515 At 05April 2020 6,013,071
BARNSBURY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 Imr•stsnonts 2021 2020 Investments Markat value at SAprfl 2020 6,930.615 6,013.071 Nomlnal value Baok Go8t Markqt value Th? Brunner Investsnent Trust plc: 13.333 preference sh8re8 of £1.00 each 765.176 ordinary share8 of 25p eath Held at 6 Aprfl 2020 13,333 191,293 13,333 1,401,631 13,333 5,999.738 204.628 1.414.964 6,013,071 Movom&nl in brought forward M8fk6t Value Held 8t 5th Aprll 2021 917,444 204,628 1.414,984 6,930,516 All Investments ar6 held prlmarfly to woduc8 an Investmont retum for the chartty. Cr•dltorn: amount• falllng dug wlthln on• year 2021 2020 Accru81s and deferred Income 1,380 1.30D 10 Rglatsd party tran8adons Don8llon8 from Tru8teas reGelved In the yearv*We £65,985 (2020 wnone).