Lord Barnby's Foundation
Annual report and Financial Statements
Year Ended 31 March 2022
Charity Number 251016
Lord Barnby's Foundation
Year Ended 31 March 2022
Contents
| Page | |
|---|---|
| Legal and Administrative Details | 1 |
| Trustees' Annual Report | 2 |
| Independent Auditor's Report | 4 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 9 |
| Schedule of Grants and Donations | 11 |
| Schedules of Investments | 15 |
| Schedule of Investment Income Receivable | 16 |
Lord Barnby's Foundation
Legal and Administrative Details
Year Ended 31 March 2022
Lord Barnby's Foundation is a registered charity (no. 251016). It was created and is governed by the Trust Deed dated 29 September 1966.
The principal address of the charity is Lord Barnby's Foundation PO Box 442 Market Drayton TF9 9EQ
Main agents:
Auditor
PKF Francis Clark Chartered Accountants North Quay House Sutton Harbour Plymouth PL4 0RA
Bankers
C Hoare & Co 37 Fleet Street London EC4P 4DQ
Investment Advisor
M&G Securities Limited M&G House Victoria Road Chelmsford CM5 1FB
Secretary
PO Box 442 Market Drayton TF9 9EQ
1
Lord Barnby's Foundation
Trustees' Annual Report
Year Ended 31 March 2022
The Trustees present their report for the year ended 31 March 2022.
Trustees
The Trustees who served during year are as follows:
The Countess Peel Mrs Laura Greenall The Hon George Lopes Mr David Cecil Mr Algy Smith-Maxwell
Background and Constitution
The Settlor of the charity was the late The Rt Hon Vernon, Baron Barnby, who settled under the terms of the Trust Deed a portfolio of investments. Following the death of Lady Barnby on 2 November 1988 the residue of her estate, after payment of certain legacies, was added to the charity.
The appointment of new Trustees is exercisable by the continuing Trustees. Any new Trustees will be chosen for the skills and expertise they can bring to the charity. Training needs will be assessed on an individual basis.
Public benefit
The trustees have reviewed the objects, goals, services and objectives of the charity and can confirm that Lord Barnby's Foundation serves the public benefit. This trustees' annual report continues to evidence how the charity strives to meet need.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Aims and Objectives
The Trust assets are held in two Funds. The General Fund is not subject to any restrictions, and the capital and income of the Fund can be applied for charitable purposes in the United Kingdom or elsewhere, at the discretion of the Trustees.
The Appointed Fund was created by the Deed dated 3 September 1981 between the Settlor and the Trustees, under which certain investments were set aside, the income of which was to be applied for the charitable purposes of the Textile Institute, being a body incorporated by Royal Charter. Subject to this the Appointed Fund is to be held for such institutions as are connected with the textile industry. The Trustees also have power at their discretion to apply the capital for the same purposes.
The Trust Deed gives the Trustees wide powers of investment at their own discretion. The portfolio of investments is managed by M & G Securities Ltd, of M & G House, Victoria Road, Chelmsford, CM5 1FB. Trust assets are invested in M & G Charifund.
The objective of the charity is to manage the portfolio of investments to produce a balance of income generation and long term capital appreciation.
Policy on reserves
The Trustees normally restrict distributions for charitable purposes to the level of the annual income of the charity, but will consider supplementary distributions from capital if the net income falls below a yield of approximately 4 %.
The Trustees have established a permanent list of charities which, subject to periodic review, they support every year. Otherwise the Trustees do not have a prescriptive policy towards donations, but will only consider applications in writing accompanied by a set of the latest accounts. The Trustees do not make donations to individuals.
2
Lord Barnby's Foundation
Trustees' Annual Report (continued)
Year Ended 31 March 2022
Activities and Financial Performance
The income available for distribution in the year to 31 March 2022 amounted to £253,186 on the General Fund and £11,531 on the Appointed Fund. The total donations amounted to £249,750 from the General Fund and £10,700 from the Appointed Fund. These donations were distributed to those charitable organisations listed in the accounts.
The investments held increased in value during the year by £378,722 this representing an increase of 7.29%.
Officers and key personnel
The day to day management of the charity is carried out by the secretary, Mrs C Thomason who receives remuneration for this service.
Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk Management
The major risk to which the charity is exposed is poor performance of the investments held. Actual performance is regularly reviewed against established benchmarks.
Disclosure of information to auditor
Each Trustee has taken steps that they ought to have taken as a Trustee in order to make themselves aware of any relevant audit information and to establish that the Charity's auditor is aware of that information. The Trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
Approved by the Trustees and signed on their behalf by
The Countess Peel
15 November 2022 Date
3
Lord Barnby's Foundation
Independent Auditor's Report to the Trustees of Lord Barnby's Foundation
Year Ended 31 March 2022
Opinion
We have audited the financial statements of Lord Barnby’s Foundation (the “Charity”) for the year ended 31 March 2022, which comprise the Statement of Financial Activities, the Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP – FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
-
give a true and fair view of the state of the Charity’s affairs as at 31 March 2022 and of its income and expenditure for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
-
the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
-
the Trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Charity’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
Other information
The Trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
4
Lord Barnby's Foundation
Independent Auditor's Report to the Trustees of Lord Barnby's Foundation
Year Ended 31 March 2022
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:
-
sufficient accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of Trustees’ remuneration specified by law are not made; or
-
we have not obtained all the information and explanations necessary for the purposes of our audit.
Responsibilities of the Trustees
As explained more fully in the Trustees’ responsibilities statement set out on page 3, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Other Matter
Lord Barnby’s Foundation was eligible for audit exemption and did not opt to have an audit for the year ended 31 March 2021 and consequently the comparative information, which is derived from those financial statements, is unaudited.
Use of our report
This report is made solely to the Charity’s trustees, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity’s trustees those matters we are required to state to trustees in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
D Leslie FCA
Senior Statutory Auditor
PKF Francis Clark Chartered Accountants North Quay House Sutton Harbour PLYMOUTH PL4 0RA Date: 27 January 2023
5
Lord Barnby's Foundation
Statement of Financial Activities
Year Ended 31 March 2022
| Notes Income and Expenditure Income and endowments from: Investments 11 Expenditure on: Charitable activities 2 Total Gains on investment assets: 9/10 Net (expenditure) / income Transfer between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds Income General Fund £ 253,186 (267,927) (14,741) - (14,741) - (14,741) 63,620 48,879 |
General Appointed Fund Fund £ £ - - - - - - 362,224 16,497 362,224 16,497 - - 362,224 16,497 4,970,573 229,149 5,332,797 245,646 Restricted Funds Expendable Endowment |
2022 Total £ 264,717 (278,627) (13,910) 378,721 364,811 - 364,811 5,272,434 5,637,245 |
Unrestricted Funds Income Income General Appointed Fund Fund £ £ 217,739 9,917 (220,061) (5,600) (2,322) 4,317 - - (2,322) 4,317 - - (2,322) 4,317 65,942 4,775 63,620 9,092 |
General Appointed Fund Fund £ £ - - - - - - 934,896 42,580 934,896 42,580 - - 934,896 42,580 4,035,677 186,569 4,970,573 229,149 Restricted Funds Expendable Endowment |
Unaudited 2021 Total £ 227,656 (225,661) |
|
|---|---|---|---|---|---|---|---|
| Income Appointed Fund £ 11,531 (10,700) 831 - 831 - 831 9,092 9,923 |
|||||||
| 1,995 | |||||||
| 977,476 | |||||||
| 979,471 - 979,471 |
|||||||
| 4,292,963 | |||||||
| 5,272,434 |
6
Lord Barnby's Foundation
Balance Sheet
Year Ended 31 March 2022
| Notes Fixed assets: Investments 9/10 Current assets: Cash at bank and in hand Total current assets Creditors Net current assets Total assets less current liabilities The funds of the charity: Unrestricted Restricted |
Unrestricted Funds Income General Fund £ - 54,079 54,079 5,200 48,879 48,879 48,879 - 48,879 |
Expendable Endowment General Appointed Fund Fund £ £ 5,332,797 242,881 - 2,765 - 2,765 - - - 2,765 5,332,797 245,646 - - 5,332,797 245,646 5,332,797 245,646 Restricted Funds |
2022 Total £ 5,575,678 66,767 66,767 5,200 61,567 5,637,245 48,879 5,588,366 5,637,245 |
Unrestricted Funds Income General Fund £ - 66,620 66,620 3,000 63,620 63,620 63,620 - 63,620 |
General Appointed Fund Fund £ £ 4,970,573 226,384 - 2,765 - 2,765 - - - 2,765 4,970,573 229,149 - - 4,970,573 229,149 4,970,573 229,149 Expendable Endowment Restricted Funds |
Unaudited 2021 Total £ 5,196,957 |
||
|---|---|---|---|---|---|---|---|---|
| Income Appointed Fund £ - 9,923 9,923 - 9,923 9,923 - 9,923 9,923 |
Income Appointed Fund £ - 9,092 9,092 - 9,092 9,092 - 9,092 9,092 |
|||||||
| 78,477 | ||||||||
| 78,477 3,000 |
||||||||
| 75,477 | ||||||||
| 5,272,434 | ||||||||
| 63,620 5,208,814 |
||||||||
| 5,272,434 |
The financial statements were authorised for issue by the Trustees on 15 November 2022.
Approved by the Trustees and signed on their behalf by
The Countess Peel
7
Lord Barnby's Foundation
Balance Sheet Schedules
Year Ended 31 March 2022
| Unaudited | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 | ||||||||
| Funds | Funds | Funds | Funds | ||||||||||
| Income | Income | Expendable | Endowment | Income | Income | Expendable | Endowment | ||||||
| General | Appointed | General | Appointed | General | Appointed | General | Appointed | ||||||
| Notes | Fund | Fund | Fund | Fund | Total | Fund | Fund | Fund | Fund | Total | |||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||
| Cash | |||||||||||||
| C. Hoare & Co | |||||||||||||
| Appointed Fund | 9,923 | 2,765 | 12,688 | - | 9,092 | - | 2,765 | 11,857 | |||||
| General Fund | 54,079 | - | - | - | 54,079 | 66,620 | - | - | - | 66,620 | |||
| 54,079 | 9,923 | - | 2,765 | - | 66,767 | 66,620 | 9,092 | - | 2,765 | - | 78,477 | ||
| - | - | ||||||||||||
| Creditors | |||||||||||||
| Accruals | 5,200 | 5,200 | 3,000 | 3,000 | |||||||||
| 5,200 | - | - | - | 5,200 | 3,000 | - | - | - | 3,000 |
8
Lord Barnby's Foundation
Notes to the Accounts
Year Ended 31 March 2022
1. Accounting policies
Statement of compliance
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 (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011. The following principal accounting policies have been applied:
Basis of preparation
Lord Barnby's Foundation meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Fund accounting
The Charity maintains General and Appointed Funds. The income on the General Fund is unrestricted, and is expendable at the discretion of the Trustees in the furtherance of the objects of the Charity. The income of the Appointed Fund is subject to restrictions. The Capital (endowment) Funds are expendable at the Trustees' discretion. They are shown as restricted Funds in these accounts.
Income
All income is recognised in the Statement of Financial Activities when the conditions for receipt have been met and there is reasonable assurance of receipt.
Investment income is accounted for when receivable.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. The Trust is unable to recover Value Added Tax and accordingly expenses are shown inclusive of Value Added Tax.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly and such activities and those costs of an indirect nature necessary to support them.
Governance costs include the costs attributable to the Charity's compliance with constitutional and statutory requirements.
Fixed Asset Investments
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
9
Lord Barnby's Foundation
Notes to the Accounts
Year Ended 31 March 2022
| 2. Expenditure on charitable activities Donations to institutions (note 6) Support Costs (note 3) 3. Support Costs General Fund £ Governance Costs Trustees' fees and expenses 4,562 Audit services 3,300 Accountancy services 1,900 Secretarial expenses 8,052 Bank charges 363 18,177 |
Appointed Fund £ - - - - - - |
2022 £ 260,450 18,177 278,627 2022 Total £ 4,562 3,300 1,900 8,052 363 18,177 |
Unaudited 2021 £ 211,850 13,811 |
|---|---|---|---|
| 225,661 | |||
| Unaudited 2021 Total £ 4,000 - 3,180 6,329 302 |
|||
| 13,811 |
4. Trustees' remuneration, expenses and related party transactions
There were no employees in the year or prior year.
Under the terms of the governing document Trustees are able to be remunerated for their services. The following Trustees received remuneration for their services as a Trustee during the year:
| following Trustees received remuneration for their services as a Trustee during | the year: | ||
|---|---|---|---|
| Unaudited | |||
| 2022 | 2021 | ||
| £ | £ | ||
| The Countess Peel | 1,000 | 1,000 | |
| The Hon George Lopes | 1,000 | 1,000 | |
| Mrs Laura Greenall | 1,000 | 1,000 | |
| Mr David Cecil | 1,000 | 1,000 | |
| 4,000 | 4,000 | ||
| Expenses totalling £562 (2021 £nil) were paid to 4 Trustees for reimbursement | of travel expenses. | ||
| 2022 | 2021 | ||
| 5. | Net outgoing resources | £ | £ |
| Net outgoing resources for the year include: | |||
| Audit fees | 3,300 | - | |
| 6. | Related party transactions | ||
| There were no related party transactons that require disclosure. | |||
| 7 | Investments held as fixed assets | ||
| Unaudited | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Listed | Listed | ||
| Investments | Investments | ||
| Fair value at 1 April | 5,196,957 | 4,219,481 | |
| Disposals at opening market value | - | - | |
| Acquisitions at cost | - | - | |
| Net unrealised investment gains/(losses) on revaluation | 378,721 | 977,476 | |
| Fair value at 31 March | 5,575,678 | 5,196,957 | |
| Cost at 31 March | 3,143,730 | 3,143,730 |
10
Lord Barnby's Foundation
Notes to the Accounts
| Year Ended 31 March 2022 8. Grants and Donations General Fund Permanent Donations Ashtead PCC Blyth PCC Gurkha Welfare Trust Discretionary Donations 2 Makeit Amber Foundation Arkbound Foundation Aspire Oxford Aurora Autism Inclusive Barnby Memorial Hall Barts Charity Bickleigh PCC Bids BOCCIA England Birmingham Cathedral Bradford South Scouts Brain Tumour Charity Brunswick Youth Bumblebee Conservation Trust Calon RDA Calvert Trust Carers UK Covid 19 Caputh Hall Comm Cavell Nurses Chicester Down Syndrome Clean Up UK CLIC Sargent Clothing Solutions Country Food Trust Countryside Learning Deaf Blind Disabled sailors association Dogs for autism Donna Louise House Douglas Bader Foundation East London Cares Emmaus Merseyside Exeaccess Exeter Cathedral Fairshare Sussex Farm for City Children Farmability Fine Cell Works First Light Fishing for Schools Flow County Rivers Trust Forest of Avon Trust Balance carried forward |
2022 £ 1,000 1,000 4,000 6,000 - 5,000 - - - - - - - 3,000 2,000 2,000 2,500 - - 2,500 - - - 2,000 500 2,000 - 10,000 - - 10,000 3,000 - 5,000 500 - - 2,000 1,000 3,000 - 2,000 1,000 6,000 2,000 - - 2,000 69,000 |
Unaudited 2021 £ 500 500 2,000 |
|---|---|---|
| 3,000 | ||
| 2,000 - 1,000 1,000 2,500 2,000 5,000 10,000 500 - - - - 500 2,000 - 2,000 10,000 3,000 - - - 3,000 - 2,000 10,000 10,000 - 2,000 - - 3,000 2,000 - - - 1,000 - - - - 3,000 1,000 - |
||
| 78,500 |
11
Lord Barnby's Foundation
Notes to the Accounts
| Year Ended 31 March 2022 Grants and Donations(continued) General Fund Discretionary Donations(continued) Balance brought forward Good Companions Gurkha Welfare Trust Guy's & St Thomas' Charity Halo Trust Head 2 Head Hearing Dogs for the Deaf Heel and Toe Childrens Charity Helping Disabilities Horsley RDA In Charley's Memory Jessica Bethell Foundation Jumbalance Kate's Home Nursing Leicester Cathedral Litchfield Cathedral Llamau Lucy's Air Ambulance Macoa Marie Collins Foundation Marie Curie Milenhall Oaricguak Church Council Muscular Dystrophy National Star Newton Ferrers PCC Norfolk Churches Oarsome Chance Only A Payment Away Our Only World Outward Bound Oxfordshire Youth People in action Petersham Sea Scouts Pickles Hedgehog Rescue Plimco Opera Polish Knights of Malta UK Prison Me No Way Prodigal Arts Project 6 Racing Welfare Trust RDA Bedale Red Squirrel Trust Reengage Refuge Covid 19 Reubens Retreat RGC Wheelchair Rugby Ring and Ride Balance carried forward |
2022 £ 69,000 2,000 - - 1,000 2,000 - - - 5,000 2,000 3,000 3,000 - 1,000 2,000 - - 3,000 - - - 2,000 2,000 - - - 1,000 - 4,000 1,750 2,500 3,000 1,000 2,000 50,000 2,000 - - - - - - - - 2,000 2,000 168,250 |
Unaudited 2021 £ 78,500 - 2,000 12,000 - - 2,000 5,000 1,000 - - - - 750 - - 2,000 5,000 - 5,000 12,000 2,000 - - 500 1,000 3,000 - 3,000 - - - - - - - - 2,000 1,000 5,000 1,500 10,000 1,000 5,000 2,000 - - |
|---|---|---|
| 162,250 |
12
Lord Barnby's Foundation
Notes to the Accounts
| Year Ended 31 March 2022 Grants and Donations(continued) General Fund Discretionary Donations(continued) Balance brought forward Ripon Cathedral Ripon Community Link Royal Trinity Hospice RSVP Safety Net UK Sahara Coventry Sick Childrens Trust Shine Sleep Pods Solace Sorted Bradford Southwell Asian Development Special Boat Services St Christophers Good Neighbours St Michaels St Peters Wilcote Staying put Stick and Step Street League Support Dogs The Brain Tumour Charity The Cellar Trust The Change Foundation The Childrens Trust The Forward Trust/Bridges The Gatehouse The Garden Classroom The Kepplewray Centre The Keys Project The Listening Place The Mustard Tree The Poppy Factory The Royal British Legion The Wheelyboat Trust Tiny Tims Children's Centre Turquoise Mountain Umbrella United Response Veteran Farmable Walking with Wounded Waterloo Community Counselling Wheelpower White Lodge Woodmeadow Trust Ybont YESS Total General Fund Donations |
2022 £ 168,250 - 1,000 2,000 5,000 - - 5,000 - 1,000 3,000 3,000 2,000 2,000 2,000 - - 2,000 2,000 - 3,000 1,000 - 2,500 1,000 6,000 1,000 - - - - 1,000 - - 2,000 2,000 10,000 1,500 2,500 3,000 2,000 1,000 - 2,000 3,000 - 1,000 243,750 249,750 |
Unaudited 2021 £ 162,250 2,000 3,500 - - 3,000 2,000 - 2,000 - - - - - - 500 1,000 - - 2,000 - - 5,000 - - - - 2,000 4,000 1,000 3,000 - 2,000 5,000 - - - - - - - - 2,000 - - 1,000 - |
|---|---|---|
| 203,250 | ||
| 206,250 |
13
Lord Barnby's Foundation
Notes to the Accounts
| Year Ended 31 March 2022 Grants and Donations(continued) Appointed Fund Donations Royal School of needlework Textile Conservation foundation Textile Institute The Woolmens Company Charitable Trust Total Donations |
2022 £ 3,000 2,000 5,000 700 10,700 260,450 |
Unaudited 2021 £ - - 5,000 600 |
|---|---|---|
| 5,600 | ||
| 211,850 |
14
Lord Barnby's Foundation
Notes to the Accounts
Year Ended 31 March 2022
| Acquisitions/(disposals) Investments held at 1 April 2021 Profit/ (Loss) on: Market Cost/ 9. UK Unit Trusts Holding Cost Value Date Holding (Proceeds) £ £ £ General Fund M & G Charifund Investment Fund 337,581 2,981,739 4,970,573 - - 2,981,739 4,970,573 - = Adjusted, if necessary, for the cost of subsequent additions.* Acquisitions/(disposals) Investments held at 1 April 2021 Profit/ (Loss) on: Market Cost/ 10. UK Unit Trusts Holding Cost Value Date Holding (Proceeds) £ £ £ Appointed Fund M & G Charifund Investment Fund 15,375 161,991 226,384 - - 161,991 226,384 -** |
Cost £ - - Cost £ - - |
Investments held at 31 March 2022 2021 Holding Cost 2021 Value Value £ £ £ - 337,581 2,981,739 4,970,573 - 2,981,739 4,970,573 Investments held at 31 March 2022 2021 Holding Cost 2021 Value *Value £ £ £ - 15,375 161,991 226,384 - 161,991 226,384* |
Market Value £ 5,332,797 5,332,797 Market Value £ 242,881 242,881 |
Unrealised Profit/(Loss) £ 362,224 |
|---|---|---|---|---|
| 362,224 | ||||
| Unrealised Profit/(Loss) £ 16,497 |
||||
| 16,497 |
*** = Adjusted, if necessary, for the cost of subsequent additions.**
15
Lord Barnby's Foundation
Notes to the Accounts
Year Ended 31 March 2022
| 11. UK Unit Trust investment income Holding Date General Fund M & G Charifund Investment Fund 337,581 28-May 31-Aug 15-Dec 28-Feb Total income general fund 2021 Total income general fund Appointed Fund M&G Charifund Investment Fund 15,375 28-May 31-Aug 15-Dec 28-Feb Total income appointed fund 2021 Total income appointed fund Total investment income 2021 Total investment income |
Gross 2022 £ 72,580 60,765 77,643 42,198 |
|---|---|
| 253,186 | |
| 217,739 | |
| 2022 £ 3,305 2,768 3,536 1,922 |
|
| 11,531 | |
| 9,917 | |
| 264,717 | |
| 227,656 |
16