Charity registration number: 279459 The Misses Barrie Charitable Trnst Artnual Report and Financial Statements for the Year Ended 5 April 2023
The Misses Barrie Charitable Trusl Contents (continued) Reference and Admiukstrative Details Trust¢¢s' Report 2to4 Stat¢m¢nt of Trusiees, Responsibilities Independent Audi(ors' Report 6t07 Statement of Financial Activities Balance Sh¢et Notes to the Financial Statements Ioto 19
The Misses Barrie Charitable Trust Reference and Administrative Details Trustses Mr John Carter Mrs Sally Abell Mrs Rachel FrAser Mrs Charlotte Carter Mrs Suzatjne Fr&%er Charity Registration Nufflber 279459 Principal Office 34 Victoria Road Darttnouth Devon TQ6 9SA WillÈams & Co Epsom LLP 8110 South Street Epsom Surrey KT18 7PF Auditor Page I
The Misses Barrie Charitable Trust Truslees, Report The truste¢s present the annual r¢port together with the f]nancial statements of the charity for the year ended 5 April 2023. Obje£tivc$ and acttvities Objects uftd &lms Durill8 the life of both Settlors or the Survivor. the income of the Tn]st Fund and also so much of the capital of the Trust Fund as the Settlors Tnay from time to time deiennine was to be paid to such ¢harities or for such charitable purposes the Settlors aY from time to tiTne direct. After the death of the Suryivor of the Settlors on 24 June 1994, the Trustees have power to pay or apply the capital and income of the Trust Fund to such charities OT for such charitable purp05e5 and in suclL proportions in such manneT and subject to such teTms and conditions as they may at their unconttolled discretion having regard to 8ny directions given or wishes expressed by the Settlors tts the Trustees. Fundratsing disclosures Investment Management C05ts The Trust's investment portfolio 15 managed by th¢ investment manager - Rathbone5, who acquired Spiers & Jeffrey in July 2019. Following the iniegraiion of Spier5 & Jeffrey into Rathbones, client fees were incieased. The fees are now a flat fee, based on the ¥&lue of the fund rather than a combination of lower management fees but also transaction costs. The Trustees discussed this fee increase at that time, comparing the fee5 Wlth other brokers. The trustees agreed that th¢ b¢nefit of continuity was more s]nportant and agreed to the fee incT¢a5¢. Public bEfteJli Th¢ Trustees consider that all grants are Tnade for the public benefit and are aware of the guidance in that respect published by the Charity Cornmission for England and Wales. The Trustees confirni that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard io thc publi¢ benefit guidance published by the Charity Commission for England and Wale5. Grant makingpollcles The TNsi established its grant ]naking policy to achieve its objectives by 5UPPOrting various smill to medium sized charities. The Trustee5 regret tltst due to the large nllber of unsolicited applications for grants received each week they are not able to notify those which are unsuccessfill. Application5 should be accompanied where appropriate by up to date account5 or fmancial infOrnliA. Page 2
The Misses Barrie Charitabl¢ Trust Trustees, Report (continued) Financial review eview of financial osition Balance Brought forward Prior Year Adjustment Net Income for the Year -237,166.12 0.00 126,886.22 Transfer from the Designated fi]nd 0.00 Sub-Total -110.279.90 174.600.00 Grants made in the year Balanee Carried Forward -284,880.70 Policy on reserves Previously. the Trust has set aside specific reserves for exceptional grants to the RNLI. As no exceptional rnts aTe planned at this time, the tru5t¢¢s have weed that tbere 15 no need to set aside specific reserv¢5. Plans for future periods Structurey governance and managetnent alre ofgoverning doc¥menl The Misses Barrie Charitable Trust is a registered charity, number 279459, governed by a Dec12ration of Charitsble Trusts dated 18 Decernber 1979 by the late Miss Sheila Coupar Barrie and the late Miss Moira MolSOn Barrie. New Trustees are appointed by the existing Trustees. The Trust Deed does not PTovide for any minimwn or Maximum number of Trustees or for any fixed terni for which they may act. At the Trltees, meetings, nornially held twice a year, the Trustees agree the broad strategy and areas of activity for the Trust, including consideration of grant tikklng, investment. reserves and risk management poli¢ies and perfomjance. The day to day administration of wts arAd the processing and handling of applications prior to consideration by the TNstees 15 delegated to the Administration Office. Save Ès nentioned below all TnteeS give of their time freely and no Trustee remuneration was paid in tbe year. Detai15 of related paty transactions and Trustees expenses are disclosed in Note 13 to the accounts. John Carter, one of the Trustees, is a partner of Rall0nd Carter & Co, the Administrators of the Trnst. A fee is charged for thcse services and is agreed annually by the other Tntee$. FitEancial instruments Objeclives andpolicies The charity's activities expose it to a number of financial risks including credit risl cash flow risk aDd liquidity risk. The use of filntial d¢Tivatives is governed by the charity'5 policies approved by the board of trust¢es, which provide written principles on the use of fu]ancial derivatives to tnanage these risks. The charity does not use derivative financial instrLments for speculative purposes.
The Misses Barrie Charitable Trust Tru$tees' Report (eontinued) Ctsslijlow risk The charity's activities expose it primarily to the financial Tisks of chang¢s in foreign currency exchange Tates and interest rates. The charity uses foreign exchange forward Contracts and interest rate swap contracts to hedge these exp05ures. tnteFest bearing assets and liabiliiies are held at fixed rate to ensure certainty of ¢ash flows. The annual repon was &pprovedby the tkustees of the charity on O October 2023 and SI)ed on its behalf by.. Mrs Charlotte Trustee arter Page 4
The Misses Barrie Charitable Trust Statement of Trustees, Responsibilities The trnstees Ore responsible for preparints the ttustees, report and the f]nancial gtAtements in 2ecordance the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicabl¢ law and re0lationS. The law applicable to charities requires the trustees to prepare financial statements for each fmancial year which give a true and fair view of the state of affairs of the charity and of the incomitits resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitsble accounting policies and then apply them consist¢ntly.' observe the methods and principles in the Charities SOIiP,. make judgetnents and estimates that are reL80nable and prudent,. stste whether applicable ac¢ounting standards have been followed. subject to any tnat¢rial departures disc105ed and explained in the financial stateTnents' and prepare the financial statetnents on the going concern basis w]1¢s5 It is inappropriate 10 presume that the charity will continue in busines5. The trustees ar¢ responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the fmancial position of the tharity and enable them to tnsure that the financial stttetnents comply with the Charities Act 2011. the Charities (Accounts and Reports) Regulatiott$ 2008. and th¢ provisions of the constitution. The trustees are also responsible for safeguarding the asset5 of the charity aDd hence for iaking reasonable steps for the prevention and detection of fraud and otber irregularities. The trustees are responsible flir the maintenance and integrity of the corporate and fjnancial information included on the charitable company's web51te. Legislation governing the preparation dissetnination of fll)ancial statements may differ from legislation in other jurisdictions. Page 5
The Misses Barrie Charitable Trust Independent Auditors, Report to the Members of The Misses Barrie Cbarfttable Trust We have audited the fancial staternent5 of The Mi55es Barri¢ Ch2riiable Trust for the year ended 5 April 2023, which compris¢ the Statement of Financial Activities, Balance Sheet and the related notes. The fanCial reporting fram¢work that has been applied in their preparation is applicable law and Financial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2015>- (Charities SORP QFRS 102)). This report Is solely to the charity's trustees, as a body, in accordance with section 144 of the Ciwities Act 2011 and regulations rnadt under section 154 of that Act. Our WOTk has been undertaken so that we might state to the trustees those matters we are required to state to trustecs an auditor5, report and for no other purpose. To the fullest extent pern]itted by law, we do not accept or aSSue responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this repor¢ or for the opinioDS we have forrned. Re5peetive responsibilities of truste and auditors As explained more fully in the Statement of Trustees, Responsibilities (set out OD page 5), the tn15tee5 are responsible for the preparation of the financial statements and for being saiisfied that they give a true and fair view. W¢ have been appointed as auditors under s¢¢tion 144 of thc Chariiies Act 2011 and report in accordance with regulations made under section 154 of that Act. Our responsibility IS to audit the fmancial staietnent5 in accordance wsth applicable law and International Standards on Auditing (UK and Ir¢Sand}. Those stat]dards require us to coinply with the Auditing Praciices Board's (APB'S) Ethical Standar(ts for Auditors. Scope of the audit of the financial stateents An audit involves obtaining cvidence about the amounts and disclosutes in the financial statements sufficient io give reasonable assurance that the fancIal statements are free from material miSstsmenl whether caused by fraud or eOr. This includes an assessment of.. whether the accountin policies are appTopriate to th¢ charity's circuStanCeS and have been consistently applied and adequately disclosed,. the reasonableness of significant accounting estintE5 made by th¢ tru5tee5; and the overall presentation of the fjnancial ststements. In addition, we read all the fancial and DOn-FanCIal infomation in the to identify material inconsi5tenties with the audited fanCial stateTrents and to identify any information that is apparently materially incorrect based on, Or teriallY incon515tent with, Ihe knowledge acquired by us in the cours¢ of perforniing ihe audit. If we become aware Of any apparent material tnis¥tatements or 1cOnSIStene1CS we cOnSder the implications for our report. Page 6
The Misses Barrie CharAtable Trust Independent Auditors, Report to the Members of The Misses Barrie Charitable Trust (eontinued) Optnion on the financial statements In our opinion the financial 5taternents: give a true and fair view of the stste of the charity's affairs a5 at 5 April 2023 and of its incoming resources and application of resources. includin(r jts income and expenditure, for the year then ended,. have been properly prepared in accordance with United Kinodom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Charities Act 2011. Matters on whieh we Are required to report by exceptio We have nothing to report in respect of the following matter5 where the Charities Act 2011 require5 US to report to you if, in our opinion: the information given in the Tru%tees' Report is not eonsistent with the fjnancial statements: or the charity has not kept sufficient accounting records- or the financial ststements are not in agreement with the a¢¢ounting records and returns. or we have not received all the infonnation and explanations w¢ require for our audit. (Senior Statutory Auditor) For and on behalf of Williams & Co Epsom LLP. Statutory Auditor 8110 South Street Epsom Surrey KT18 7PF 6 October 2023 Page 7
The Misse5 Barrie Charitable Trust Statement of Financial Activities for the Year Ended S April 2023 Total 2U23 Total 2022 Unrestricted Note Income Endowments from.. Investment incorne 200,423 200,423 214,852 Expenditure oll- Raising funds Chwitable activities Governance costs (42,636) {174,600) (30,901} {42,636) (174,600) (30,901) {47,149) (194,910) (28,390) Total expenditure Gain51105ses on investmeni asse15 (248,137 (841,756) 1248.137 1841,756) 1270,449) 324,025 Net mov¢ment in fldS {889,470) (889,470) 268,428 Reconciliation of funds Total fund5 brought forward 7,814,985 7,814,985 7,546,557 Tirtal funds carried forward 6,925,515 6.925.515 7.814,985 All of the ¢harity'5 actlVLlies derive from continuing operations during the above two peTiods. The fimds breakdown for 2023 is shoHn in note 12. The notes on pages l O to 19 forni an integral pan of these fll)ancial statements. Page 8
The Misses Barrie Charitable Trust (Registration number: 279459) Balance Sheet as at 5 April 2023 2023 2022 Note Fixed assets Investments 6,850,261 7.762,572 Current assets Cash at bank and in hand 116,504 92,163 Creditors: Amounts falling due within one year 10 (41,250 (39,750) Net current assets 75,254 52,413 Net assets 6,925,515 7,814,985 Fund$ of the charity". Unrestricted ineome fuThds Unrestricted 6,925,515 7,814,985 Totsl funds 12 6,925,515 7,814,985 The financial statements on p4oes 8 to 19 were approved by the trustees, and authorised for issue on 6 October 2023 and S]ed on their behalf by: Charlo Trustee Carter Mrs SLttanne Fwer Trustee The notes on pages 10 to 19 forni an integrdl part of these fjnancial statements.
The Misses Barrie Cbaritable Trust Notes to the Financial Statements for Ihe Year Ended 5 April 2023 l Accounting policies Statement of eompliance The financial staieTnents have been prepared in accordance with the second edition of the Charities Ststetnent of Recommendtd Practice issued in October 2019, the Financial Reporting Standard applicable in the Unsted Kingdom and Republic of Ireland (FRS 1021 and tbe Chuities Act 2011. Basl5 of preparation The Misses Barrie Charitable Trust meets the definition of a public benefit entity under FRS 102. The accounts {financial staiementsl have been prepared under thc historical cost convention with items re¢ognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. Gokllg eoncern The trustees consider that there are no mateTial uncenainties about the charity's ability to continue as a gosng Concern. lucojne and endowments Inveslmenl income Interest on fvnds hcld on deposit is included when receivable and the amount can be Meured reliably by the Charity,. this is nortnally upon notificaiion of th¢ interest paid or payable by the bank. Dividends are Fecobmised once the dividend has been declared and notification has been re¢¢ived of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expendiwre, it is probable settlement 15 required and ihe amount can be tneasured reliably. All cost5 ate allocated to the 3pplieable expenditure headints that aggregate similar costs to that category. There costs cannot be directly attributed to pani¢ulaT headings they have been allocat¢d on a basis consistent with the use of resources, with central staff costs allocaied on the b1$ of time spent. and depreciation charges allocated on lh¢ portion of the asset's Use. Other sllpport cosis are allocated based on the spread of staff c05t5. Rquingfunds These w¢ cost5 llEcurred itk attracting voluntary income, the management of investsnents and those incurred in trading activitie5 that Taise funds. Cliaritable oetiviiies Ch8rsVdble expenditure COrnPTiS¢S those costs incurred by the ¢harity in the delivery of its activities and services for its bencficiaTies. It includes both costs that can be allocated dir¢ctly to such activities and those costs of an indirect nature necessary to support them. Graiilprovuions Provisions for grant5 are nMde when the intention to make a grant has been commUnicad io the re¢ipient but there is uncertainty abtsut either the tiining of the grani or the amount of grani payable. Page 10
The Misses Barrie Charitable Trust Notes to the Financial Statements for th¢ Year Ended 5 April 2023 (continued) Support costs Support ¢osts include central functions and have been allwated to activity C05t categories on a basis consistent with the use of resources. for exatnple, allocating property Costs by tloor areas, or per capita, staff costs by the titne spent and other cosis by th¢iT usage. Governance costs These include the costs altributsble to the charity's compliance with constitutional and statutory Tequirements, tncluding audi¢ strat¢gi¢ management and trLtstees meetings and reimbursed expenses. Taxation The charity is considered to p&gs th¢ tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the defjnition of a charitable company for UK corporation tax purposes. Accordin?oly, the charity is potentially exempt from taxation in respect of incorne or capitsl trains received within Categories Covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the TatiOn of Chargeable Gains Act 1992, to the ¢xtent that such income or gains are applied exclusively to charitable purposes. Fixed 2s$et investments Fixed assei investments, other than prowdmme r¢lated invesllnents, are included at market value at the balance sheet date. Realised gau]5 and losses on investtnents are calculaied as the difference bettveen sales proceeds and their market value at the start of the year. or their subsequent cosL 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 edited or charged to the Statement of Financial Activities based on the market value at the year end. Tr2de debtors Trade and other debtors are recognised at th¢ settlement amount due after any trade discount offered. Prepay]nents are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash at bank and in hand in¢lvd¢s cash and short-term highly liquid investhients wiih 8 short maturiry of three months or less from the date of acquisition or opening of the deposit or similar aceount. Trade creditors Creditors and provisions are recognised where the charity has a present obligation resultints from a P event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation Can be measured or esttmated reliably. Creditors and provisions are noTmally recognised at their settlement amount after allowing for any trade discounts due. FuDd strncture Unrestrict¢d iD¢ome fimds are general fidS that are 2vaTlable for use at the nSeS di5¢retion in furtherance of the objectives of the charity. Pagell
The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2023 (contillued) 2 Inyestmettt income Unrestricted fund5 General Total 2023 Total 2022 IncoTne from dividends. Dividends Teceivable from other listed investrnents Jnterest receivable and similar income. Other interest rec¢ivable 173,066 173,066 185,161 27,357 27,357 29,691 200.423 200,423 214,852 3 Expenditur¢ on raising funds Investment management Costs Unrestricted runds General Total 2023 Total 2022 Note Other investment man8gem¢nt costs; Adtninistration of the investments 42,636 42.636 42,636 47,149 42,636 47,149 4 Expenditure on eharitable aetivities Unrestricted funds General Total 2023 Total 2022 Not¢ Or3nt funding of aciivities Governance costs 174.600 30,901 174,600 30.901 194,910 28.390 205,501 205.501 223,300 Page 12
The Misses Barrie Charitable Trust Notes to the Financi21 Statements for the Year Ended 5 April 2023 (continued) 5 ATralysis of governsnce aDd support costs Governance costs Unrestricted funds General Total 2023 Totsl 2022 Other govemance costs Allocated support costs Audit of the financial statements 1,185 26,500 1,185 26,500 3,216 160 25,000 3,230 30,901 30,901 28,390 The Governance costs of £1,185 in the year were mainly travel costs for an In-peO trustee meeting sn March 2023. 6 Grant-making ADxIysi5 of grants The support Costs associated with grant-lnaking are £Nil (5 April 2022- £Nil)- Below are details of an1$ made to institutions. 2023 2022 Name ofinstitlltÈoD National Youth Orchestra of Great Britain Medical Research CouneÈl Human Immunology Unit (University of Oxford) HopScot¢h Children's Charity London's Atr Ambulance Limited Scottish Opera Bowel Cancer UK Coventy Resource Centre for the Blind Cued Speech UK DEBRA Dementia Active Douglas Bader Foundation Dressability Helm Training Helping Hands Communiry Proje¢1 Murns and Midwives Awareness Academy National Children's Orchestras of Great Britain 10,000 10,000 7,500 3,600 3,500 3,500 3,000 3,000 3,000 3,000 3,000 3,000 7.500 2,000 3,000 4,000 3,0(10 3,000 3.000 3,000 3,000 3,000 Page 13
The Misses Barrie Charitable Trnst Notes to the Financial Statements for Ihe Year Ended 5 April 2023 (colltinued) Ocean Youth Trust Scotland The Ocsophageal Pauents A5so¢iation Sistema Scotland Slapton Village Hall Strongbones Children's Charitable Trust The Benedetti Foundation Tilne Out Group (Stratford upon Avon} Ltd Chest Heart & Stroke Association Scotland Jigsaw (South East) Scotland's Charity Air Ambulance The Ryan MS Therapy Centre Dundee FC Communiry Trust Addington Fund All Saints Church - Burton Dassett Arniston Playgroup Award5 for Young Musicians The Butterfly Trust CoTnar Connect Youtlvmusic Menzieshill Parish Council Cruse Bereavement Care Scotland East Neuk Festiva Fife Young Carers Lanllnermuir Festival Lothian Autistic Society LtdlBranch Out Together Maggs Day Centre Marine Conservation Sociery National Youth Orchestras of Scotland S¢otti5h COL Death Trust Scottish Mountain Rescue Scottish Schools Orchestra Trust Scollts Scotland UK & EU World Literacy Foundation (UK Reads) Wildgoose Rural Training Hospital Radio Exeter Antibiotic Research UK Braemai Community Li]nited Braslle Chess Association Devon in Sight Growing Well Arn]onico Consort Ltd Become British Heart Foundation Broadway Arts Festival Cardiac Risk in the Young (CRY) 3,000 3,000 3,000 3,000 3,000 3,000 i,000 2,500 2,500 2.500 2.500 2,200 2.000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2.000 2.000 2.000 2,000 2,000 2,000 2.000 2,000 2,000 2,000 2,000 1,800 1,500 1.500 1.500 1.500 1,500 1,000 1,000 1,000 1,000 1,000 2,500 3,000 4,000 2,000 2,000 2,000 3,000 4,000 1,000 Page 14
The Misses Barrie Charitable Trnst INotes to the Financial Statements for the Year Ended 5 April 2023 (continued) Child Brain Injury Trust CLAPA Go Beyond Hop¢ for Tomorrow Horatio's Garden Milnathort Hall React RNIB Talking Books Service RNLI North Cotswold Branch Royal Shakespeare Cornpany Sight for Surrey South Croydon Day Centre The Barn Owl Trust The Wheelyboat Trnst The Willow Trust Tommys Westbank Cornmunity and Health Care Wings for WatTiors Chsldhood Eye Cancer Trust {CHECIJ English National Opera (Breateh Projee Encephalitis Society Listening Books Polka Children's Th¢atr¢ Ltd S¢eAbility Spinal Mw¢ular Atrophy UK Young People First Broadway Youth Club Cyclists Fighting Cancer Royal National Lifeboat Institutio Prostste Cancer Research Alzhei]ner's Society White Close Slapton Tntst National Youth Choirs of Great Britain Ronald McDonald House Glasgow 4th Fifc Scout Group Amulree Village Hall Trust Fund ARCOS British Blind Sport Circle of Friends- WarwicklFather Hudson's Society CF Dream Holidays Longborough Festival Opera The Common Players Killin and District Volunteer Car Scheme Parkinsons UK 1.000 1,000 1.000 I,ooo 1,000 1,000 1.000 1,000 1,000 1,000 1,000 1,000 1.000 1,000 1,000 1,000 1,000 1,000 750 750 750 750 1,000 1,000 3,000 3.000 1,000 2,000 2,500 1,000 1,500 2.000 3.000 3,000 2,000 3,000 750 750 750 750 4.000 4,000 4,000 4,000 3,700 3,600 3,500 3,210 3.000 3,000 3.000 3,0(M) 3,000 3,000 3.000 3,000 3.000 3.000 Page 15
Tbe Misses Barrie Charitable Trust Notes to the Financial Statements for Ihe Year Ended 5 April 2023 (coutinued) St John Ambulance Edinburgh Science Foundation Ltd The Workshop Aberfeldy QEF 19th Riddlesdown Sctsut Group British Disabled Angling Association British Tinnirus Associatio Edinburclh Headway Group Group B Strep Support Home Stan Easi Surrey Macrobert Arts Centre The Migraine TNst Outfit Moray The Poppy Factory Scottish Chamber Orchestra 3,000 2,855 2,545 2,500 2,000 2,000 2.000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2.000 2,000 1,500 1,500 1,000 1,000 194,910 Sunrise Partnership Warwick & Northants Air Ambulance Sunshine Wishes Ch21dren's Charity Uist Conimuniry Riding School Wanvickshire Social Inclusion ParttLer5hip Wanvickshire Vision Suppon Bloomin, Arts Homesiart- South Warwickshire British Wheelchair Sport5 Foulldation Tunnell Trust 174,600 Page 16
The Misse5 Barrie Charitable Trust Notes to the Financial Statements for Éhe Year Ended S April 2023 (contlnued) 7 Taxation The charity is a registered charity and is therefore exempt from toxation. 8 Fixed asset investments 2023 2022 Other investments 6,850,261 7,762,572 Other investrnents Listed investments Total Cost or Valuation At 6 April 2022 Revaluation AdditlQDS Disposals 7,762,572 7,762,572 (1,073,057} (1,073,057) 1,218,778 1,218,778 (1,058,0321 (1,058,032) At 5 April 2023 6,850261 6.850,261 Net book value At 5 April 2023 6.850261 6.850261 At 5 April 2022 7,762,572 7.762,572 9 Cash and c#sh equivalents 2023 2022 C&sh at bank 116,504 92,163 10 Creditors: amounts falling due within one year 2023 21122 Accruals 41250 39,750 Page 17
The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2023 (continued) 11 Commitments Other financial commitments The Trust has a cornrnitmcnt to the Medical Research Council Human Iminunology Unit ai th¢ University of Oxford for 4 years at £7,500 ptr year, startino in Maich 2023. The total amount of other financi21 commitments not provided in the fll)an¢ia] statements was £22,500 (2022 - £IO,DOO). 12 Funds Unrestriettd funds Other Resources recognised Balance At S exp¢fjd¢d gain51(losses) April 2023 Balance 9t 6 April 2022 Incoming resources Unrestrieted fund$ GeNer&l Unrestricted generdl funds 7,814,985 200,423 {246,637) 70,555 7.839,326 Other recogni$ed gginsl{10$5e5) B81ance at S April 2022 £(A5 restated) Balance at 6 April 2021 IncomiRg resources Resources expended Unrestricted funds General Unrestricted general funds 7,546.557 214,852 (270,450) 324,026 7,814,985 Page 18
The Misse5 Barrie Charitable Trust Notes to th¢ Financial Statements for the Year Ended 5 April 2023 (continued) 13 Related party transact10115 During the year the thArity made the following related paty transactions.. John Carter (The accountancy fees of £7,750 (2022: £7,750) are paid to Mr John Carter. in his capacity as accountant to the Trust. The administration fees of £17,250 (2022.. £17250) are paid to Ralond Cart¢r & Co. Mr John Carter is a partner in this f]rni. A grant of £l.000 was made to South Croydon Day Centre Trnst (2022.. £1,000), Mr John Carter is a partner at Ra)Thond Carter & Co who provide acoountancy services to this organisalion.) Page 19