2024-03-31-accounts - Lord Barnby's Foundation

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Lord Barnby's Foundation

Annual report and Financial Statements

Year Ended 31 March 2024

Charity Number 251016

Lord Barnby's Foundation

Year Ended 31 March 2024

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	16
Schedule of Investment Income Receivable	17

Lord Barnby's Foundation

Legal and Administrative Details

Year Ended 31 March 2024

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 Melville Building East Royal William Yard Plymouth PL1 3GW

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

Lord Barnby's Foundation

Trustees' Annual Report

Year Ended 31 March 2024

The Trustees present their report for the year ended 31 March 2024.

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.

Lord Barnby's Foundation

Trustees' Annual Report (continued)

Year Ended 31 March 2024

Activities and Financial Performance

The income available for distribution in the year to 31 March 2024 amounted to £292,893 on the General Fund and £13,476 on the Appointed Fund. The total donations amounted to £271,750 from the General Fund and £15,800 from the Appointed Fund. These donations were distributed to those charitable organisations listed in the accounts.

The investments held decreased in value during the year by £95,614 this representing a decrease of 2%.

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

23 January 2025

Lord Barnby's Foundation

Independent Auditor's Report to the Trustees of Lord Barnby's Foundation

Year Ended 31 March 2024

Opinion

We have audited the financial statements of Lord Barnby’s Foundation (the “Charity”) for the year ended 31 March 2024, 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 2024 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.

Lord Barnby's Foundation

Independent Auditor's Report to the Trustees of Lord Barnby's Foundation

Year Ended 31 March 2024

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
the financial statements are not in agreement with the accounting records and returns; or
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.

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.

PKF Francis Clark L Bridgett FCA Senior Statutory Auditor

PKF Francis Clark Chartered Accountants Melville Building East Royal William Yard Plymouth PL1 3GW 30 January 2025

Lord Barnby's Foundation

Statement of Financial Activities

Year Ended 31 March 2024

Notes Income and Expenditure Income and endowments from: Investments 11 Expenditure on: Charitable activities 2 Total (Losses)/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 £ 292,893 (292,897) (4) - (4) - (4) 101,008 101,004		General Appointed Fund Fund £ £ 0.00 - - - - - - (91,448) (4,166) (91,448) (4,166) - - (91,448) (4,166) 5,006,897 230,803 4,915,449 226,637 Restricted Funds Expendable Endowment	2024 Total £ 306,369 (308,697) (2,328) (95,614) (97,942) - (97,942) 5,355,669 5,257,727	Unrestricted Funds Income Income General Appointed Fund Fund £ £ 281,880 12,838 (229,751) (5,800) 52,129 7,038 - - 52,129 7,038 - - 52,129 7,038 48,879 9,923 101,008 16,961	General Appointed Fund Fund £ £ - - - - - - (325,900) (14,843) (325,900) (14,843) - - (325,900) (14,843) 5,332,797 245,646 5,006,897 230,803 Restricted Funds Expendable Endowment	2023 Total £ 294,718 (235,551)
		Income Appointed Fund £ 13,476 (15,800) (2,324) - (2,324) - (2,324) 16,961 14,637
							(340,743)
							59,167
							(281,576) - (281,576)
							5,637,245
							5,355,669

Lord Barnby's Foundation

Balance Sheet

Year Ended 31 March 2024

		2023 Total £ 5,234,935
Income Appointed Fund £ - 14,637 14,637 - 14,637 14,637 - 14,637 14,637	Income Appointed Fund £ - 16,961 16,961 - 16,961 16,961 - 16,961 16,961
		129,934
		129,934 9,200
		120,734
		5,355,669
		101,008 5,254,661
		5,355,669

The financial statements were authorised for issue by the Trustees on 23 January 2025.

Approved by the Trustees and signed on their behalf by

The Countess Peel

Lord Barnby's Foundation

Balance Sheet Schedules

Year Ended 31 March 2024

		Unrestricted		Restricted			2024	Unrestricted		Restricted			2023
		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		-	14,637	-	2,765		17,402		16,961	-	2,765		19,726
General Fund		109,804	-	-	-		109,804	110,208	-	-	-		110,208
		109,804	14,637	-	2,765	-	127,206	110,208	16,961	-	2,765	-	129,934
					-						-
Creditors
Accruals		8,800	-	-	-		8,800	9,200	-	-	-		9,200
		8,800	-	-	-		8,800	9,200	-	-	-		9,200

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

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.

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

2. Expenditure on charitable activities

Donations to institutions (note 8) Support Costs (note 3) 3. Support Costs Governance Costs Trustees' fees and expenses Audit services Accountancy services Secretarial expenses Bank charges	General Fund £ 5,892 3,700 2,220 8,972 363 21,147	Appointed Fund £ - - - - - -	2024 £ 287,550 21,147 308,697 2024 Total £ 5,892 3,700 2,220 8,972 363 21,147	2023 £ 214,150 21,401
				235,551
				2023 Total £ 5,592 3,300 1,980 10,166 363
				21,401

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:

	2024	2023
	£	£
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 £1,892 (2023: £1,592 to 4 Trustees) were paid to 4 Trustees for reimbursement		of
travel expenses.
	2024	2023
Net outgoing resources	£	£
Net outgoing resources for the year include:
Audit fees	3,700	3,300
Related party transactions
There were no related party transactions that require disclosure.
Investments held as fixed assets
	2024	2023
	£	£
	Listed	Listed
	Investments	Investments
Fair value at 1 April	5,234,935	5,575,678
Disposals at opening market value	-	-
Acquisitions at cost	-	-
Net unrealised investment gains/(losses) on revaluation	(95,614)	(340,743)
Fair value at 31 March	5,139,321	5,234,935
Cost at 31 March	3,143,730	3,143,730

5.

6.	Related party transactions There were no related party transactions that require disclosure.

7 Investments held as fixed assets

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

8.
Grants and Donations
General Fund
Permanent Donations
Ashtead PCC
Blyth PCC
Gurkha Welfare Trust
Discretionary Donations
1st Horwood Scout Group
Able Stables
Alabare Home for Veterans
Altofts Community Sports Foundation
Alzheimers Society
Angus Irvine Playing Fields Fund
Animal Antics
Aspire
Atlantic Salmon Trust
Azakea
Bag Books
Bamber Bakehouse
Barsham Church
Bendrigg Trust
Blesma
Bickleigh PCC
Blind Veterans UK
Brain Research Trust
Brain Tumour Charity
British Homes & Schools for Ukrainians
Care for Veterans
Care Home Volunteers
Caring for Life
Cerebral Palsy Cymru
Chapter One
Cherwell Theatre Company
Children's Literacy Festival
Cirdan Sailing
Clean Planet
CLIC Sargent
Climbing Out
Combat Stress
Balance carried forward

2024
2023
£
£
1,000
1,000
1,000
1,000
4,000
4,000
6,000
6,000
3,000
-
-
1,000
-
1,000
3,000
-
-
750
1,000
-
-
5,000
1,000
-
500
-
-
2,000
-
2,500
-
2,000
500
-
-
2,000
-
2,000
-
(500)
2,000
-
-
500
-
500
10,000
-
-
2,000
-
1,000
3,000
-
2,000
-
2,000
-
2,000
-
500
-
-
3,000
5,000
-
-
(500)
3,000
-
-
2,000
38,500
26,250

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

Grants and Donations(continued)
General Fund
Discretionary Donations(continued)
Balance brought forward
Contact
Coppafeel
Coudon care
Countryside Learning
Crawley Open House
Crow Recycling
Designability
Diabetes
Different Strokes
Ditch the label
Douglas Macmillian Hospice
Dover Outreach Centre
Edan Linc
Emerge
Every Cloud Breat Cancer
Exeter Cathedral
Fight Against Blindness
Friends of Cavenham Church
Frozen Light
George's Rockstars
Gingerbread
Good Shepherd
Goodwood Education Trust
Grandparents Plus
Grow
Hackney Youth Orchestra Trust
Hartlepool Peoples Centre
Haworth RDA
Headway
Herriot Hospice
Home From Hospital Care
Home Start Arun, Worthing and Adur
Hottime meals
Hounds for Heros
House of Bread
Hygene Bank
Hypo Hounds
Injured Jockey Fund
Inspire
Balance carried forward

2024
2023
£
£
38,500
26,250
3,000
-
-
250
-
1,500
-
10,000
-
3,000
2,000
-
-
2,000
-
1,000
2,000
-
-
1,000
-
500
3,000
-
-
1,000
-
2,000
-
500
-
500
3,000
-
1,000
-
-
2,000
3,000
-
-
1,000
-
2,000
-
3,000
2,000
-
-
2,000
-
3,000
3,000
-
-
2,000
-
2,000
-
10,000
2,000
-
5,000
-
-
2,000
-
2,000
3,000
-
-
2,000
5,000
-
-
1,000
-
2,600
75,500
86,100

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

Grants and Donations(continued)
General Fund
Discretionary Donations(continued)
Balance brought forward
James' Place
Jericho
Jigsaw
Kids Space
Light Dragoons Regimental
Literacy Pirates
Little Hearts Matter
Little Miracles
Maa Shanti
Magdalen College
Make a Wish
Marmalade Trust
Masham Church
Matt Hampson Foundation
Mind
Minstead Trust
Mitchells Miracles
MND
Move Momentum
My Name's Doddie
Mytime Young Carers
Nara
Newlife
New Starts
Newton Ferrers Church School PTA
Newton Ferris Church
New Yatt RDA
NHS Healing Gardens
Noah's Ark Childrens Venture
NSPCC
Ocean Youth Trust North
Off the Streets
Omega
On Course Foundation
Only Connect
Orchestra of the Swan
Oscars
Over the wall
Oxfordshire Homeless Movement
Oxfordshire Youth
Balance carried forward

2024
2023
£
£
75,500
86,100
1,000
-
5,000
-
-
2,000
-
5,000
-
250
2,000
-
2,500
-
-
2,000
3,000
-
5,000
-
500
-
1,000
-
2,000
2,000
1,000
-
-
2,000
3,000
-
-
3,000
1,000
-
3,000
-
500
-
-
2,000
3,000
-
2,000
-
-
3,000
2,000
-
750
-
2,500
-
-
5,000
-
1,000
-
1,000
3,000
-
5,000
-
2,000
-
2,000
-
5,000
-
3,000
-
3,000
-
-
2,000
500
-
700
-
140,450
116,350

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

*Grants and Donations(continued)* General Fund Discretionary Donations(continued)** Balance brought forward Paralympics GB Parkinsons Peterborough Cathedral Phoenix Enterprise Pickles Hedgehog Rescue Prevent 2 Protect Rainbow Trust Raw Ropsley School PTA Roundabout Royal Airforce Benevolent Fund Royal Hospital Chelsea Royal Hospital for Neurodisability Rural Coffee Caravan Salisbury Cathedral SAMM Shanon Trust Shine SIA Siobhans Trust Slth Sobell House Sofa Project Sohn Foundation Sports for life SRSB SSAFA St Leonards Sheepstor PCC St Lukes Hospice St Marys Church Bickleigh St Peters Church Elastone St Werburghs City Farm Supporting Wounded Veterans Swindon Sea Cadets Teens Unite Thames Valley Air Ambulance The Baby Bank The Back up Trust The Banana Trust The Charles Young Centre The Exodus Project The Fishermans Mission The Green room The House on the Corner Community The Hugs Foundation The Peter Pan Centre The Species Recovery Trust Balance carried forward	2024 £ 140,450 1,500 1,000 3,000 - - - 10,000 5,000 1,000 - 5,000 - 5,000 2,000 3,000 - - - - - - 300 5,000 1,000 - 2,000 5,000 1,000 1,250 1,000 - - - 3,000 4,000 3,000 3,000 - - - 2,000 2,000 - - - - 3,000 213,500	2023 £ 116,350 - - - 2,000 2,000 2,000 - - - 2,000 - 2,000 - - - 3,000 5,000 2,000 2,000 2,000 10,000 - - - 3,000 - - - - - 1,000 5,000 500 - - - - 2,000 2,000 1,000 - - 3,000 1,000 3,000 2,000 -
		173,850

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

*Grants and Donations(continued)* General Fund Discretionary Donations(continued) Balance brought forward Together Co Together for Shorter Lives Together Project Toms Trust Transformation CPR Transforming Autism Trauma and Recovery Centre Trussel Trust UKSA Unlock West Kirby Sea Scouts Whoopsadaisy Wiltshire Bobby van Winchester Hospice Wingate Special Children's Trust Witney and Oxon Foodbanks Ybont Yorkshire Historic Churches Trust Young Lives vs Cancer Youth Space Total General Fund Donations Appointed Fund Donations Royal School of Needlework Textile Institute The Woolmens Company Charitable Trust Total Donations**	2024 £ 213,500 3,000 - - - - - 3,000 - 3,000 3,000 1,500 4,000 - - 3,000 - - - 26,750 5,000 265,750 271,750 5,000 10,000 800 15,800 287,550	2023 £ 173,850 - 1,000 2,000 2,000 2,000 2,000 - 10,000 - - - - 3,000 500 - 2,000 2,000 2,000 - -
		202,350
		208,350
		- 5,000 800
		5,800
		214,150

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024

Acquisitions/(disposals) Investments held at 1 April 2023 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 5,006,897 - - # 2,981,739 5,006,897 - *= Adjusted, if necessary, for the cost of subsequent additions. Acquisitions/(disposals) Investments held at 1 April 2022 Profit/ (Loss) on: Market Cost/ 10. UK Unit Trusts Holding Cost Value Date Holding (Proceeds) £ £ £ Appointed Fund M & G Charifund Investment Fund 15,375 161,991 228,038 - - 161,991 228,038 -	Cost £ - - Cost £ - -	Investments held at 31 March 2023 Holding Cost Value £ £ - 337,581 2,981,739 - 2,981,739 Investments held at 31 March 2023 Holding Cost Value £ £ - 15,375 161,991 - 161,991**	2024 2023 Value £ 5,006,897 5,006,897 2023 2023 Value £ 228,038 228,038**	Market Value £ 4,915,449 4,915,449 Market Value £ 223,872 223,872	Unrealised Profit/(Loss) £ (91,448)
					(91,448)
					Unrealised Profit/(Loss) £ (4,166)
					(4,166)

= Adjusted, if necessary, for the cost of subsequent additions.

Lord Barnby's Foundation

Notes to the Accounts

Year Ended 31 March 2024 11. UK Unit Trust investment income Holding Date General Fund M & G Charifund Investment Fund 337,581 31-May 31-Aug 15-Dec 29-Feb Bank Interest Total income general fund 2023 Total income general fund Appointed Fund M&G Charifund Investment Fund 15,375 31-May 31-Aug 15-Dec 29-Feb Bank Interest Total income appointed fund 2023 Total income appointed fund Total investment income 2023 Total investment income	Gross 2024 £ 81,019 69,204 94,523 45,573 2,574
	292,893
	281,880
	2024 £ 3,690 3,152 4,305 2,076 253
	13,476
	12,838
	306,369
	294,718