REGISTERED CHARifi NUMBER: 249922
Report of the TrY￿eeS and
Unaudited Flnancial Ststsrnents for the Year Ended 31 March 2024
Barham Benevolent Foundation
Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 IQL

Barham Benevolent Foundation
Contents of the Financlal Statements
fortheyear Ended 31 March 2024
Page
Reference and Adminlstrative Detslls
Report of the Trustee5
Independent Examlnerf5 Report
ststement of Flnancial Artivities
Balance Sheet
Note5 to ihe Financial Statements
7 to 14
Detailed Statement of Financial Arti¥ities
IS to 16

Barham Befievolent Foundatlon
Reference and Admlnistratlve Detsi15
for the Year Ended 31 March 2024
TRUSTEES
M Cook
G Flight
L Gossling
R Gabbitas
J Rixon
PRINapAL ADDRESS
8 Stumps End
Stumps Lane
B05ham
West Sussex
P018 8RB
REGISTERED CHARITY NUMBER
249922
INDEPENDENT EXAMINER
Swindells LLP
Chartered Accountsnts
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
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Page I

Barham Benevolent Foundation
Report of the Trustees
for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the chartty for the year ended
31 March 2024. The trustees have adopted the provision5 of 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 IFRS 1021 (effective l January 20191.
OBJECTIVES AND AcfiviTIES
The Foundation's object is to provide help where it is needed to employees, their rplatives and former
employees of the dairy industry.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activitie5 the
Foundation should undertake.
The Foundation carries out its objectives by providing Erants to a number of individua15 and organasations. The
Trustees are fully Satisfied that the Barham Benevolent Foundation operates for the wider public benefit in all
that it does in its charitable activities.
ACHIEVEMENT AND PERFORMANCE
The Foundation'5 Trust Deed enable5 It to make grants for hardship cases in the dairy related industry and for
education by way of bursaries to colleges and universities for research in dairy related subjects. The
Foundation continues to fund or contribute to the cost of holidays and provide financial assistance with
accommodation in appropriate ca5e5.
The Foundation made grants totalling £263,072 12023: £231.192) to indwiduals and educational instltutions
during the year. These payments have been made possible by the links that the Foundation has with other
charitable organi53tions. In addition to that:
The Educational Institutions that benefitted from the grants that we distributed include:
Univer51ty of Reading £47,56512023'. £60,696)
Royal Veterinary £66,80512023: £94,729)
Harper Adams £28,33312023= £28,333)
Nottingham University £63,46912023: £Nill
University of Liverpool £6,87612023= £Nill
During the year the Trustee5 actively sought potential beneficiaries and have been able to make many grants
though the links established with other organisations. They are aware however of the need to ensure that all
the Erants awarded are in accordance with the terms of the Trust Deed, whlch define5 the pool of
beneficiaries.
During the year the Foundation made welfare payments to 1712023- 171 former employees of the Dairy trade
amounting to a total of £50,02512023.' £37.0361. The trustees target 15 to spend all the available income each
year in accordance with terms of the Trust Deed and full review of the ongoing beneficiaries both individuals
and educational institutions 15 being undertaken.
Page 2

Barham Benevolent Foundalion
Report of the Trustees
for the Year Ended 31 March Z024
FINANCIAL RVdlEW
The Foundation received investment income of £165,971 12023.. £171,0291 during the year and there was a
total charitable expenditure of £338,597 12023: £311,088). The fund balances as at 31 March 2023 were
£6,182,098 {2023.. £5,967,590).
The Trustees, intention is to maintain sufficient rese￿e5 to cover the anticipated costs of the Foundation with
any surplus funds not distributed being reinvested. These requirements are kept continually under review and
no fixed amount is deemed appropriate.
The Trustees intend that the real value of the Foundation a55ets and the income from them will be maintained
over the long term subject to any major fluctuations in income or expenditure. In the agreement with Barclays
Wealth and with Investec Wealth and Investment, who are both appointed on a discretionary basis, the
Trustees have selected a balanced investment objective with medium risk. The proportion invested in equities,
fixed income stocks and cash is reviewed with Barclays Wealth and wilh Investec Wealth and Investment from
tlme to time to provide guidance on the ongoing suitability of that element of the investment policy and keep
under review the arrangernent5 Wlth Barclays Wealth and with Investec. The performance of the investment
portfolio during the year was in line with Tru5tees' expectations.
The Trustees have assessed the major risks to which the Foundation is exposed, and are satisfied that systems
are in place to mitigate exposure to the major ri5k5.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document, a deed of trust and Constitutes an unincorporated charlty.
Structure, governance and management
The Barham Benevolent Foundation wa5 established by a charitable Trust Deed in 1918.
Trustees are appointed to the Foundation with the agreement of the existing Trustees.
None of the Trustees has any beneticial interest in the trust.
The Trustees make and implement all decisions in relation to the Foundation's affairs.
The Trustees have assessed the major risk5 to which the Foundation is exposed. and are satisfied that systems
are in place to mitigate exposure to the rnajor risks.
Approved by order of the board of trustees on ly. J
2D Is..... and signed on its behalfby:
M Cook-Trustee
Page 3

Independent Examinees Report to the Trustees of
Barham Benevolent Foundation
Independent examinews report to the trustees of Barh3m Benevolent Foundatlon
I report to the charity trustees on rny examination of the accounts of Barham Berkevolent Foundation Ithe
Trust) for the year ended 31 March 2024.
Responsibilltles and basis of reF>Ort
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with
the requiremerbts of the Charities Act 20111'the Act'l.
I report in respect of rny examination of the Trust's occounts carried out under 5ettion 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission under
Section 145151{bl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention In connection
with the examination giving me cause to believe that in any material respect=
accounting records were not kept in respect of the Trust a5 required by Section 130 of the Act,. or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requlrements concerning the form and content of
accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement
that the accounts gNe a true and fair view which is not a matter considered as part of an independent
examination.
I have no concern5 and have come across no other matters in connection with the examirbation to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Joanna Green BSC FCA
Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
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Date-.
Pa8e 4

Barham Benevolent Foundation
Staternent of Flnanclal Activities
for the Year Ended 31 March 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Investment income
166,862
171,169
EXPENDITURE ON
Raising funds
22,335
25,703
Charitable artivittes
Grant funding activity
316,262
285,385
Tolal
338,597
311,088
Net gains/llossesl on investment5
386,243
1432,8601
NET INCOMEI{EXPENDITUREI
214,508
1572,7791
RECONCILIATION OF FUNDS
Total funds brought fotward
5,967.590
6,540,369
TOTAL FUNDS CARRIED FORWARD
6,182,098
5,967,59Q
The notes fom) part of these financial statements
Page 5

Barham Benevolent Foyndatlon
Balan¢e Sheet
31 March 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investments
199,996
5,943,978
205,245
5,728,835
io
6,143,974
5,934,080
CURRENf ASSETS
Cash at bank
52,577
55,849
CREDITORS
Amounts falling due within one year
li
114,4531
{22,3391
NEf CURRENT ASSErs
38,124
33,510
TOTAL ASSETS LESS CURRENT LIABILITIES
6,182,098
5,967,590
NET ASSETS
6.182,098
5,967,590
FUNDS
Unrestricted fLbnds:
General fund
12
6,182,098
5,967,590
TOTAL FUNDS
6,182,098
5,967,590
Jancial statements were approved by the Board of Trustees and authorised for issue on
The fi
and were signed on its behalf by=
M Cook- Trustee
The notes form part of these financial statem2nts
Page 6

Barham Benevolent Foundation
Notes to the Finan¢lal Statsments
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparlng the financial statements
The financial statements of the charity. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities:
Statement of Recommended Prartice applicable to charities preparing their account5 in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I
January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, and the Charities Act 2011. The financial 5tatemenls have been prepared under
the historical cost convention. with the exception of investments which are included at market value, as
modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
fund5, il is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation comrnitting
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure 15 accounted for on
an accruals basis and has been classified under headings that aggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities
on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a
commitmerbt but not accrued as expenditure.
Tanglble fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
Useful life.
Freehold property
2% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised ft)r particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Page 7
continued.

Barham Benevolent Foundatlon
Notes to the Financial St*ements- continued
for the Year Ended 31 March 2024
INVESTMENT INCOME
2024
Unrestricted
funds
2023
Total
funds
Investment income
Interest receivable
165,971
891
171,029
140
166.862
171,169
All income from investments in 2023 and 2024 was unrestricted.
CHARITABLE ACTIVITIES cosrs
Grant
funding of
activities
(see note
51
Direct
Costs (see
note 41
Support
cost5 (see
note 61
Totals
Grant funding activity
2,070
263.072
51,120
316,262
DIRECT COSTS OF CHARITABLE AcnviTIES
2024
2023
Insurance
Sundries
Interest payable and similar charges
1,507
463
100
1,530
294
97
2,070
1,921
Page 8
continued...

Barham Benevolent Foundation
Notes to the Flnancial Statements- continued
for the Year Ended 31 March 2024
GRANTS PAYABLE
2024
2023
Grant funding activity
263,072
231,192
SUPPORT COSTS
Human
resources
Management
Totals
Grant funding activity
49,464
1,656
51,120
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses pald for the year ended 31 March 202412023:£2941.
COMPARATIVES FOR THE sfATEMEKf OF FINANaAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Investment income
171,169
EXPENDITURE ON
Raising funds
25,703
Charitable activities
Grant funding activity
285,385
Total
311,088
Net gains/llosse51 on investments
1432,8601
INCOMEI{EXPENDITURE}
1572,779
Page 9
continued...

Batham Benevolent Foundation
Note5 to the Yinanclal Stalements- continued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES- continued
Unrestricted
fund
RECONCILIATION OF FUNDS
Total funds brought forward
6,540,369
TOTAL FUNDS CARRIED FORWARD
5,967,590
TANGIBLE FIXED ASSETS
Freehold
property
COST
At l April 2023 and 31 March 2024
262.455
DEPRECIATION
At l April 2023
Charge for year
57,210
5,249
At 31 March 2024
62,459
BOOK VALUE
At 31 March 2024
199,996
At 31 March 2023
205,245
Page 10
continued...

Barham Benevolent Foundation
Notes to the Flnan¢ial Ststements- continued
for the Year Ended 31 March 2024
io.
FIXED ASSET INVESTMENTS
Listed
Investments
MARKEf VALUE
At l April 2023
Additions
Disposa15
Revaluations
5,728,835
204,290
1368,9781
379,831
At 31 March 2024
5,943,978
NET BOOKVALUE
At 31 March 2024
5,943,978
At 31 March 2023
5,728,835
There were no investment assets outside the UK.
Cost or valuation at 31 March 2024 is represented bv..
Listed
investments
Valuation in 2024
Cost
647,265
5,296,713
5.943,978
The portfolio comprised at 31 March 2024 £222.00212023=£267,5771 of UK Listed equitie5, £441,798
12023.'£344,7431 of non-UK Listed equities, £112,609 12023..£112,880} of fixed interest investments.
£5,078,833 12023..£4,912,229I of UK index linked investments, E62,49412023'.£63,788I of alternative
a55et5. £25,00012023.'£26,4821 of UK property £1,24212023:£1.1361 of accrued interest.
There were no investments comprising of more than 5% of the portfolio.
Page 11
coniinued...

Barham Benevolent Foundation
Notes to the Financlal Statements- continued
for the Year Ended 31 March 2024
ii.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Taxation and social security
Other creditors
1,656
12,797
2,064
20,275
14,453
22,339
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
5,967,590
214,508
6,182,098
TOTAL FUNDS
5,967,590
214,508
6,182,098
Net movernent in funds, included in the above are as follows..
Incoming
resources
Resource5
expended
Gains and
1055es
Movement
in fund5
Unrestrlrted funds
General fund
166,862
{338,5971
386,243
214,508
TOTAL FUNDS
166.862
1338,5971
386,243
214,508
Comparatives for movement In funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestrfcted funds
General fund
6,540.369
1572,779}
5,967,590
TOTAL FUNDS
6,540,369
1572,7791
5,967,590
Page 12
continued...

Barham Benevolent Foundation
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31 March 2024
12.
MOVEMENT IN FUNDS- contlnued
Comparative net movement in funds, included in the above a￿ as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fund5
Unrestrirted funds
General fund
171,169
1311,0881
1432.860)
1572,7791
TOTAL FUNDS
171,169
{311.0881
{432,8601
1572,779)
A current year 12 month5 and prior year 12 months combined position is as follow5..
Net
movement
in fund5
At
31.3.24
At 1.4.22
Unrestrlcted funds
General fund
6.540,369
1358,2711
6,182,098
TOTAL FUNDS
6.540,369
1358,2711
6,182,098
A current year 12 month5 and prior year 12 months combined net movement in funds, included in the
above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
338.031
1649,6851
146,617)
1358,2711
TOTAL FUNDS
338.031
1649,685}
146,6171
1358.2711
Page 13
continued...

Barham Benevolent Foundation
Notes to the financlal Statements- contlnued
for the Year Ended 31 March 2024
13.
RELATED PARTY DISCLOSURES
Mr M Cook and Mr G Flight are considered related parties as a ￿$￿It of the Trustees, Interest in these
enttties.
During the year Mr G Flight received £20,00012023..£21,O￿) including VAT of £1,000) for accountancy
advisory and consultancy seNice5.
During the year Mr M Cook received £20,CrfJO12023:£20,OLK)} for administrative services.
Page 14

Barham Benevolent Foundatlon
Detailed Statement of Flnancial Artivitles
for the Year Ended 31 March 2024
2024
2023
INCOMEAND ENDOWMENTS
Investment Income
Investment incorne
Interest receivable
165,971
891
171,029
140
166,862
171,169
Total incoming resources
166,862
171,169
EXPENDITURE
Raising donations and legacies
Investment management costs
22,335
25,703
Charltable activlties
Insurance
Sundries
Bank charges
Grants to institutions
1,507
463
loo
263,072
1,530
294
97
231,192
265,142
233,113
Support costs
Management
Accountancy
Independent examiner's fee
Property repairs
Administrative services
Freehold property
20,615
21,747
3,600
1,675
20,OLKJ
5,250
20,000
5,249
49,464
52,272
Human resources
Social security
1,656
Total resources expended
338.597
311,088
Net expenditure before galns and losses
1171,7351
1139,9191
This page does not fonm part of the statutory financial statements
Page 15

Barham Benevolent Foundatlon
Detailed Statement of Financlal Activitles
for the Year Ended 31 March 2024
2024
2023
ReaSi5ed recognised galns and losses
Realised Eainslllossesl on fixed a55et
investments
386,243
1432,8601
Net Incomellexpenditure)
214,508
1572,7791
Thi5 page does not fomi part of the Statutory financial statements
Page 16