Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 Charity registration number.. 279459 The Misses Barrie Charitable Trust Annual Report and Financial Ststements for the Year Ended 5 April 2024
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Contents (continued) Reference and Administrative Details Trllstees, Report 2to4 Statement of Trustees, Responsibilities Independent AuditOTS' Report 6t09 Statement of Financial Activities 10 Balance Sheet Notes to the Financial Statemenis 12to21
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Reference Administrative Details Trustees Mr John Carter MT$ Sally Abell Mrs Rachel Fraser Mrs Charlott¢ Carter Mrs suza1e Fraser Charity Regigtration Number 279459 Prineipal olee 34 Victoria Road Dartmouth Devon TQ6 9SA WilliaTnS & Co EpsoJn LLP 8110 South Street Epso Surrey KT18 7PF Auditor Page I
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Trustees, Report The trustee5 present the annual report together with the fmancial statem¢nts of the charity for the yr ended 5 April 2024. Objectives and activities Objecls and fjims During the life of both Settlors or the Survivor. the income of the Trust Fund and also so much of the capital of the Trust Fund as the Scttlors may from time to time detemiine was to be paid to such charities or for such charitable purposes as the Settlors may from time to time direct. After the death of the Survivor of the Settlors on 24 June 1994, the TTUStee5 have power to pay or apply the capital and income of the Trust Fund to such charities or IOT such charitable purposes and in such proportions in sllch aAller and subject to such tenns and conditions as they may at their uncontrolled discretion having regard to any diTections givell or wishes expre55cd by the Settlors to the Trustees. Fundraising d£$closres Inv¢sttnent Management Costs The Trust's investtnent portfolio is managed by the investmeni manager - Rathbones. who a¢qusred Spiers & J¢fftey in July 2019. Following the intesntion of Spiers & Jefftey into Rathbones, client fees were increased. The f¢¢s are now a tlat fee, based on the value of the fund rather than a combination of lower management fees bllt also traDsaction costs. The Trustees d&scussed tILiS fee increase at that time, CQTnparing the fe¢s with other brok¢rs. The tNstees agreed that the benefit of continuity was more important and agreed to the fee Ancrease. Publle bertefil The Trustees c¢)nsider that all granis are madc for the public benefit and are aware of the guidance in that resp¢ct published by the Charity Commission for England and Wales. The Trusiees confm that they have complied with the requirements of section 4 of the Charities Act 201 I to have due regard to the public benefit guidan¢e published by the Charity Commission for England and Wales. Grunl niqkingpolici The Tt has established its grant makjng policy to achieve its objectives by supporting various small to medium sized charities. The Trustees regret that due to the large number of unsolicited applications for grant5 received each week they are Dot able to notify those which are unsuccessful. Applications should be accompanied wher¢ appropriate by up io date accounts or fmanciai ir&ornation.
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Trnstees, Report (continued) Financial review The Incorne Account for the Trust ended the year with a deficit of £322.170. Totsl income from th¢ Trust investtnent portfolio for the year was £2)2,917. Expenditure was £71,083, and Gran15 were £199,123. The Capital Account for the Trust is £7.273,513 before adju5tiDg for this d¢fi¢it on the incorne Accounl and the Trustee5 have accepted for many years that a deficit on the Income Account is acceptable while the Capital Account remains $0 large. In effect the Trustees accept that the broker costs are Covered from tbe Capital Aceount. Balance Brought forward Prior Year Adjustment Net Income for the Year -284,880.70 0.00 161,833.71 Trdnsfer from the Designated fLmd 0.00 Sub-Total -123,046.99 199,123.00 -322,169.99 Grants made in the year Balan¢e cTled Forward Pollcy reJervag Previously, the Trust has set aside specific reserves for exceptional gTants to the RNLI. As no exceptional grants are planned at this time, the trustees have aed that there is no need to set aside sp¢¢ific reserves. P13ns for future periods Struetur4 governanee and management Nathre ofgoverniug document The Misses Barrie Charitsble Trust is a registered charity, number 279459, governed by a Declardtion of Charitsble Trusts dated 18 December 1979 by the late Miss Sheila Coupar Barrie and the late Miss Moira Morrison BaTTie. New Trustees are appointed by the existi]Jg Tntee$. The Trust Deed does not provide for any minimum or maximum number of Trustees or for any fixed temi for which they may act. At the Tnjstees, meetings. normally held twice a year, the Trustees agree thc broad strategy and areas of activity for the Trns¢ including consideration of grant making, investm¢nL reserves and risk management policies and perfomiance. The day to day administration of grants and the processitEg and handling of applications prior to Consideration by the Tn]stres is delegated to the Athninistrdtion oifice. Save as mentioned below all Trustees give of their time freely and no Trustee remuneration was paid in the year. Details of related paty transactions and Tnle¢S exp¢nse5 disclosed in Note 13 to the accounts. John Carter, one of the TNstees, is a partner of Raymond Carter & Co, the Athnintstrators of the Tt. A fee is charged for thcs¢ services and is agreed annually by the other Trustees. Page 3
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Trustees, R¢port (continued) Finallcial instruments Objeclives fjndpolicies The charity'5 activities expose it to a number of fitwicial risks includitig credit risK ch flow risk ond liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the board of trustees. which provide written principl¢s on the use of Fan¢12[ derivatlV¢5 to snanage thcse risks. The charity does not use derivative fu)an¢ial instruments for speculative purposes. Cttshflow rLgk The ¢harity'S activities expose it primaxily to the financial risks of changes in foreign CLwrency exthange rates and interest rates. The charity uses foreign exchange forward Contracts and interest tate swap coutracts to hedge these exposures. Interest bearing assets and liabilities are held ai fixed rate to ensure certainty of cash flows. The annual report was approved by the ttee5 of the charity on 12 September 2024 aDd st¢d on its behalf by.. s Charlotte Carter Tstee Pag¢ 4
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Statement of Trustees, Responsibilities The trustees are responsible for preparing the tNstees' r¢port and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepled Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare fjnancial statements for each financial year which give a tru¢ and fair view of the stste of affairs of the charEty and of the incoming resources and application of resourc¢s of the charity for that period. In preparing these financial statern¢nts, the trustees are required to.. select suitable accounting policies and then apply them consistentty- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable 2nd prudent- state whether applicable accountintr Standards have been followed, subject to any material departures disclosed attd explained in the fmancial statements; and prepare the financiat 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 ttcords that disclose with reasonable acc&¢Y at any time the financial posstion of the ¢hartty and enable them to ensure that the f]nancial statementg comply with the Charities Act 2011, the Charities (Accounts and Reports) R¢gulations 2008, and the provisions of the COTJStitution. The trustee5 are also responsible for safeguarding the assets of the cbariry and hence for taking reasonable ep8 for the prevention and detection of fraud and other irregulltie5. The trustees are responsible for the maintenance and intety of the corporatt and financial inforniation tnclud¢d on the charitable company's website. Legislation governing tbe preparation and dISseiDation of financial stst¢ments may differ from legislation in other jurtsdictions. Pag¢ 5
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrle Charitable Trust Independent Auditor's Report to the Members of The Misses Barrie Charitable Trust Opinion We have audited the fancIal statements of The Misse5 Barrie Charitable Trust (the 'charity'} for the year ended 5 April 2024, wbich comprise the Sratement of FinaDcial Activitie5, Balance Sheet, and Notes to the Financial SiatemeDts, including a su]nnw of significant accoutItig poli¢i¢s. The fmancial reporting framework that has been applicd in their prepar&tion is United KingdoTr Accounting Standards, and applicable law {United Kingdom Generally Accepted Accounting Practi¢¢). In our opinion the fmancial staternents.. give a true and fair view of the state of the chariry's affairs a5 it 5 April 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year th¢n ended,. ave been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- have b¢¢ll prepared in accordance with the requirements of the Charities A¢t 2011. Basi5 for opinion We conducted our aud1 in accordance with International Standards on Auditing (UK) IJSAS (UK)) and applicable law. Our Tesponsibilities under those standard5 are further described in the auditor Tesponsibilities for the audii of the fll)an¢ial statetnents section of our report. We are independent of the charity in accordance with the ethical r¢quirements that are relevant to our audst of the financial statements in the UK, including ihe FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordanee wirh these requirements. We believe that the audit evidence we hav¢ obtained is sufficient and appropriate to provide a basis for our opinion. CollcluslOJ15 relating to goiDg concer In auditing the fmancEal statements. we have concluded thai the trustees us¢ of the going concern basis of accouDting in the pieparation of the financial statements is appropriate. Based on the work we have perfollne& we have not identified any tllaterial uncertainties relating to events or conditions thaL individually or colleciively, may cast significant dtsubt on the charity's ability to Continue as a going concern for a period of at least twelve months frotn when the original fmancial statements were authorised for issue. Our responsibilities and the responsibilities of the trustees with resp¢ct to going concern are described in the relevant se¢tions of this report. Other information The trustees are responsible for the other infomation. The other inforniation CQTnprises the inforn]ation included in the annual reporL oth¢r than the fmancial statements and our auditor's report thereon. Our L)pinioD on the financial statements does not cover the other iDfomation and, except to the extent otherwise explicitly stated in our report. we do not expre55 any fonn of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibiltty is to read the other infomation an(L in doing so, consider whether the other infom]ation is materially inconsistent with the fllwn¢ial statefflents or our kllowledge obtained in the audit or othenvise appears to be matcrially inissiated. If we id¢tJtify such material inconsistencits or apparent material Misstatements, we are required to deterniine whether there S a material tnisstatemeni in the financial statements or a material misstat¢intllt ol the other infonnation. If, based on the work we have perfom)ed. we conclude that there is a material misstatement of this other inforrnation, we are required to report thai fact. We have nothing to report in this regard. Pag¢ 6
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Independent Auditor's Report to the Members of The Misses Barrie Charltable Trust (continued) Matter5 on which we are required to report by exeeption We have nothin(T to report in respect of the following matters where the Charities (Aecounts and Report) Regulations 2008 requires us to report to you if, in our opinion.. the inforniation given in the Report of the Ttustees is inconsistent in any material respect with the fi[le7a1 statements; or sufficient accounting records have not been kep4 or the financial statements are not in agreement with the 8¢¢ounting records and reThmis- or we have not received all the information and explanations we require for our audit. Responsibilities of trusttes As explained more fully in the Statement of Trustees, Responsibilities (set out On page 5), the trustees are responsible for the preparation of the financial ststements which (Tive a ine and fair view, and for such internal control as the trustees deterniine is necessary to ¢TJable the preparation of financial tstements that are free from material misstatement. whether due to fraud or ettor. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a (roing concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the tNstees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor Responsibilities for the xudit of the finaneial staternents Our objectives are to obtsin reasonable assurance about whether the financial statements as a whole are free from material rnisststemenl whether due to fraud or error. alld to issue a Report of th¢ Independent Auditor that includes ow opinion. Reasonable assurallce is a high level of a55urance, but is not a 4Larantee tbat an audit conducted in accordance with ISAS (UK) will always detect a material misstAtement when it exists. Misststemenis can arise from fraud or eor and are considered aterial if, individually or in the awegate. they could reasonably be expected to influence the economic decisions of users tsken on the bi$ of these finamcial statements. Page 7
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Independent Auditor's Report to the Members of The Misses Barrie Charitable Trust (continued) Irregularities, including fraud, are instances of non-compliance with laws and regulatlODS. The objectives of our audit are to obtain sufficient appropriate audit evidenee regarding compliance with laws and regulations that have a direct effect on the determination of marerial aTnounts and disclo5urts in the fancial statements. to perfonn audit procedures to help identify instances of non-compliance with other laws and regulatlQD5 that may have a material effect on the f5nan¢ial statements. and to respond appropTiat¢ly to identified or suspected non-compliance with Isws and re(rulations identified during the audit. In relation to fraud, the objectives of our audit are to identify and assess the risk of material Jnissiatement of the rJnat]cial statements due to fralld, to obtain sufficient appTOPtiate audit evidence regarditig the assessed risks of material misstatements due to fraud through designing and implementing appTopriate responses and to respond appropriately to fraud tsr suspected fraud identified during the audit. However it is the primary responsibility of managemen¢ with th¢ oversight of those charged with governance, io ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud. In identifying and assesssng the risks Lif material Tn55St2tement in respe¢t of irregularities, including fraud, the audit engagemellt te27n made enquiTies of manag¢Tn¢nt, and those charged with governance, regarding the procedures relating to identifying. evaluating and complying with.. l. laws and regulation5 and whether th¢y were aware of any insiances of non-compliance. 2. detecting and responding to the risks of fraud and whether they have knowledge of any actual. suspected or alleged fraud; 3. the internal controls established to miiioate risks related to fraud or non-compliance with laws and r¢gulations; As a result of these procedures we consider the most $gnIfiCallt laws and regulations that have a direct itnpact on ihe fillancial statements are FRS 102. General Data Protection Regulations. Charitses Act 2011 and th¢ Charities Statement of ReroTninended Practice. We perfoTm¢d audit procedures to detect non4omplian¢e, which may have a maierial impact on the financial statements. Tbes¢ included reviewing fancIal statement disclosures and evaluaiing advice received from external advi50r5. Th¢re were no significant law5 and regulations we deemed as having 8n indirect impact on the fmancial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. The audit engagement teain identificd the risk of manageineut override of controls a5 the area where the financial statements were most susc¢ptible to material misstatement due io fraud. Audit Procedures perfornied included but were not limited to testing manual journal entries and other adjtInents and ¢valuating the rationale in relation to any significanL unusual transactions and traDsa¢tions entered inlo outside of the Thornial course of business. Valuation existenet of investmenis was also consid¢T¢d a gignificani risk. Audit procedures perfornied on investtnents included but was not limit¢d to. obtaining the Investment valuation report from the Investment Tnanager,. Obtiiining confmation of titl¢ resting with the charity of the inveslment5; Testing a Sample of the invesmient valuations ai the year end. Checking tIL¢ internal controls and qualifications of the investment manager. Page 8
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Independent Auditor's Report to the Members of The Misses Barrie Charitable Trust (continued) A rther description of our responsibiliues is available on the Financial Reporting Council's website at.. ww.frc.org.uklauditorsresponsibilities. This description fornis part of our auditor's report. Use of report This report is made solely to the charity trustees. as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work been undertaken so that we might state to the trustees those matters we are required to state to trustees in an auditor5, report and for no other purpose. To the lIest extent perniitted by law, we do not accept or assurne responsibility to anyone other than the charity alld its trustees as a body. for our audit worK for this report or for the opinions we have fomed. Do¢uSbJn•dtsy'. BuOBT4gX4f4FY" (Senior Statutory Auditor) For and on behalf of Williams & Co Epsom LLP, Statutory Auditor 8110 South Streei Epsom Surrey KT18 7PF 12 September 2024 WillTams & Co Epsorn LLP is eligible for appointrnent as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. Page 9
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Cbaritable Trust Statejnent of Financial Activities for the Y¢#r Ended 5 April 2024 Total 2024 Total 2023 Unregtricted Note Income and Elldowments frotD: Investment income 232,917 232,917 200,423 Expenditure on: R&ising funds Charitable activities Governan¢e ¢osts (40,042> (199,123) 131,041 (40.042) (199,123) (31,041 (42.636) {174,600) (30,901) Totsl expenditure Gainsllosses on investment assets {270,206) 100,406 (270,206) 100,400 (248.137) (841,756) Net movement in ndS 63,117 63,117 1889,470) Reconciliation of funds Total fid5 brought forward 6,925,516 6.925,516 7,814,985 Total fuJLds carried forward 12 6,988.633 6.988.633 6,925,515 All of the ¢harity's activities derive froyn continuing operations duriDg the above two p¢riods. The funts breakdoMTh for 2024 is shown iti note 12. The notes on pages 12 to 21 forni an integral part of these financial statements. Page 10
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trnst (Registration number: 279459) Balance Sheet as at 5 April 2024 21124 2023 Note Fixed assets InVestellts 6,891.659 6,850,261 Current assets Cash at bank and irA hand 138 ?48 116,504 Creditors: Amounts falling due within one year Net current assets io (41,274) (41,250) 96,974 75.254 Net assets 6,988,633 6.925,515 Funds of the eharity: Unrestricted InMe funds Unrestricted 6,988,633 6,925,515 Totsl funds 12 6,988,633 6,925.515 The fancial statements OD pages 10 to 21 wer¢ approved by th¢ trustees, and authorised for issue on 12 September 2024 and Sied on their behalf by.. ..J..e.RbL1.U........... Mrs Sally Ab¢ll Trustee s Charlo Trustee Carter The notes on pages 12 to 21 forn) an integrnl part of these fmancial statements. Page 11
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the FRnaDeial Statements for the Year Ended 5 April 2024 l AeeountlDg policies St#ttJllent of Compliance The fJn8ncial statements have been prepared in accordance with the second edition of ihe CharitiC5 Ststement of RecomTncnded Practice issued in October 2019. the Financsal Reporting Standard applicable in the United Kingdom and Republic oltreland (FRS 102) and the Charities Act 2011. Basis of preparatio The Misses Barrie Charitable Tt meets the defmition of a public benefit entity under FRS 102. The accounts (financial statement5) have been prepared under the historical cost Convention with items recognised at cost or transaction Value unl¢ss otherwise stated in the relevant notels) to these account5. Going concern The trust¢¢s colder that there are no material uncertainties aix)ut the chariry's ability io continue as a going on¢¢rn. Income and endowments Investment Ineonie Inierest on fLEnd5 held on deposit l5 included when receivable and the QU1 can be measured reliably by the Charity., this is nornially upon notification of the intcrest paid or paable by the bank. Dividends are recognised on¢e the dividend has been declared and notification has been received of the dividend due. Expendithre All expenditure is recogni5ed once there is a legal or constructive obligaiion to that expenditure. it is probable settlement is required and the arnount can be m¢a5ured reliably. All costs are allocated to the applicable expenditUFe heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have b¢cn allocated on a basis consistent with the us¢ of resources, with ¢entral statT costs allocated on the basis of time spent, and depreciation charoes allocated on the portion of the asset's use. Other 5UPPOrt costs are allocated based on the spread of staff costs. Ruisimgfunds These are costs incurred in Lttr8Cting voluntary income, the management of investments and those incurred in trading a¢uviiies that raise fLtnds. Churiluble acilvliles Charitable expenditure ¢omprises those Costs incurred by the charity in the delivery ot its acuvities and services for its beneficiaries. It includes both costs that ¢an be allocated directly to such activities and those costs of an indirect nature necessary to sllpport them. Grantprovisions Provisions for grants ar¢ tnade when the intentiotL to make a arnt has been communicated to the recipient but there is uncenainty about either the timing of the grant or the amoLmt of grant payable. Page 12
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notts to tbe Financial Ststements for the Year Ended 5 April 2024 (continued) Support costs Support costs include central functiOEiS and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating properry costs by floor areas, or per capiti staff costs by the time spent and other costs by their usage. Governance costs These iDclude the costs attributsble to the charity's compliance with constitutional and stthtory requirements. including audi4 strategic management and trustees meetintss and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK COTporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of th¢ CoOration Tax Act ?010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusive]y to charitsble purposes. Fixed asset investmettts Fixed asset investments, other than programme related investtnents, are included at maTket value at the balance sheet date. Realised gains and 1055es on investh]ents 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 Statetn¢nt of Financial Activities in the period of disposal. Unrealised gains and losses repres¢nt the movern¢nt in market values durin(F the year and are credited or charged to the Stat¢ment of Financial Activities b&%ed on the market value at the year end. Trade debtors Trdde and other debtois are recognis¢d at tbe settlement amount due after any trade discount offeIed. Prepayments are valued at the aTDount prepaid net of any trade diseounts due. Cash and eash equivalents Cash at bank and in band in¢ludes cash and short-tenn highly liquid investsnents with a short rnaturity of tbree rnonths or less frotn the date of acquisition OT opening of the deposit or similar account Trade ereditor5 Creditors and provigions ar¢ recognised wher¢ the charity a present obligation resulting from a past event th&t will probably result in the transfer of ftjnds to a third paty and the amount due to settle the obligation call be rneasured or estimated reliably. Creditors 2nd provisions are Donnally reCOlS¢d at ther settl¢ment amount after allowing for any trade discounts due. Fund strueture UnrestrEcted income funds ar¢ general fimds tbat are available for use at the tnlee5 diretiOn in fErtheronce of the objectives of the charity. Page 13
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) 2 Investment ineom¢ Unrestrieted funds General Total 2024 Total 2023 In¢otne from dividends. DivideDds receivable from oth¢r listed investments Intere81 receivabl¢ and similar income; Other ititerest receivable 194,582 194,582 173,066 38,335 38,3i5 27.357 232.917 232,917 200.423 3 Expellditure on r8i5ing funds Inve5trneDt management costs Unrestricted fund5 General Tot81 2024 Total 2023 Note Other investtnent management costs; Administration of the invesunents 40,042 40,042 42,636 40,042 40,042 42,636 4 Expenditsre on eharitsble activities Unrestricted fllnd5 General Total 2024 Total 2023 Note Grant funding of a¢tivities Gtsvernance costs 199,123 31,041 199,123 31.041 174.600 30.901 230,164 230,164 205,501 Page 14
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Mi55es Barrie Charitable Trust Notes to the Financlal Statements for the Year Ended S April 2024 (eontinued) 5 Analysi5 of governance and support costs Governance eosts Unrestricted funds Gener81 Total 2024 Total 2023 Other governance ¢osts Allocated support costs Audit of the financial stateTn¢nts 205 27,620 205 27,620 3,216 1,185 26,500 3,216 31,041 31,04l 30.901 The Governance costs of £205 in the year related to postage. Prior year costs of £1.185 were rnainly travel costs for an in-person tsstee meeting in March 2023. 6 Grant-making Analysis ofgrnnts The support costs associated with grant-making are £Nil {5 April 2023 - £Nil). B¢low are details of grants made to institutions. 2024 2023 Name ofinstitution Royal NatlQDal Lifeboat InstItIon Brain Tumour Research Medical Research Council Human Immullology Unit (UTriversity of Oxford) S¢otland's Charity Air Ambulance Horatio's GaTden London's Air Ambulance Limited National Youth Chotrs of Great Britsin Edinburgh Science Foundation Ltd Dundee Conternporary Arts Limited Birks Cinema Twst Bluevale Community Club British ExplorÈntr Society Cyclists Fightints Cpncer Headway Surrey Longborough Festival Opera National Children's Orchestras of Great Britain 10,000 7,500 7,500 4.510 4,000 3,500 3,500 3,325 3,028 3,000 3,000 3,000 3,000 3,000 7,500 2,500 1,000 3,500 3.000 3,000 Patse 15
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (contillued} Orchestra of the Swan Pitlochry Festival Theatre RRF Muscu Scollish ChaTrber Orchestrd Tunnell Trust The Willow Trust Time Out Group (Strarford upon Avon) Ltd Wixford Village Hall The Workshop Aberfeldy Alzheimer's Society Amiston Playgroup Bloomin, Arts East Neuk Festival Hebridean Pursuits Outdoor Living The Migraine Trust Prostate Cancer UK React Scottish Mountain Rescue Wings for walorS Hospital Radio Exeter Annonico CoT)SQrt Ltd Become Broadway Arts Festival Broadvvay MuseuTr & Art Gallery The Butterfly Trust Child Brain Injury Trust Coach Core Foundation Corswold Athletes Support Sch¢e & Friends CROW - Coventy Recycling of Waste Crn5e Bereavement Car¢ Scotland Cruse Bereavemeni Support Douglas BadeT Foundation FetLor Youth Club Go Beyond Growing Well Held in Ollr Hearts London wheelcha Rugby Club Macrobeft Arts Centre Moorfields Eye Charity Po]ka Children's Theatr¢ Ltd PSDS RNLI North Cotswold Branch Royal Shakespeare Compa#y Signpost Broadway 3,000 3,000 3,000 3.000 3,000 3,000 3,000 3.000 2,950 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2.500 2,500 2,500 2.310 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 2,000 2,000 2,000 1,000 3,000 2,000 2.000 1.000 2.000 1,000 1,800 1,000 1,000 1,000 2,000 1,000 2.000 3,000 1,000 1,500 750 1,000 1,000 Page 16
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Mis$¢s Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) South Croydon Day Centre South Et Cancer Help Centre Ltd Spotlights Community Youth Theatre The Friendship Project for Children National Youth Orchestsa of Great Britain The Poppy Factory Vineyard Community Centre Warwickshire Association for the Blind Westbank ComTnunity and Health Care Childhood Eye Cancer Trnst (CHECT) CLAPA Crackerjack's Children's Trust Deatblind UK East Ktlbride West Church Garage Art Group Perth Autism Sipport SCIO RNIB The Ryan Neuro Therapy Ce]ffr¢ Torbay Symphony Orchestrd Wellbeing for Women Hopscotch Children's Charity Scottish Operd Bowel Cancer UK Coventy Resource Centre for the Blind Cued Speech UK DEBRA Dementia Activ¢ Dressability He]rn Training Helping Hands Community Project Mums and Midwives Awareness Academy Ocean Youth Tnt Scotland The Oesophageal Patients Association Sisterna Scotland Slapton Village Hall Strongbones Children's Charitable Trust The Benedettt Foundation Chest Heart & Stroke A55ociatson Scotland Jigsaw (South East) The Ryan MS Therapy Centre Dundee FC Community Thist Addington Fund All Saints Church - Burton Dett Awards for Young Musiciafjs 2.000 2.000 2,000 2,000 2,000 2,000 2,000 2,000 2.000 1,000 1,000 1,000 1,000 1,000 1.000 1,000 1,000 1,000 1,000 1,000 1,000 10,000 1,000 750 1,000 3,600 3,500 3,000 3.000 3,000 3,000 3,000 3.000 3.000 3,000 3,000 3,000 i,000 i,000 3,000 3,000 3,000 2,500 2,500 2,500 2,200 2,000 2,000 2,000
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the Financial StateLuents for the Year Ended 5 April 2024 (continued) Comar Conneci Youthlmusic Menzieshill Parish Council Fifr Young Carers L&ll]tImu1r Fesiival Lothi&n Autistic Society LtdlBranch Oui Togeiher Maggs Day Centre Marine Conservation Society National Youth Orchestras of Scotland Scottish Cot Death Trust Scotiish Schools Orchestra Trust Stouts Scoiland UK & EU World Literacy Foundation (UK Reads) Wildgoost Rural Training Antibiotic Restch UK Braemar Co]nmunity Limited Braille Chess Association I)evoD in Sight British Heart Foundation Cardiac Risk ID th¢ Young (CRY) Hope for Tomotrow Milnathort Hall RNIB Tall(ing Books Service Ssght for Surrey The Barn Owl Trnsi The Wheelyboai Trust Tommy's English National Opera (Breateh Projecto Encephalitis Society Listening Books SeeAbiliry Spinal Muscular Atrophy UK Young People First 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 1.500 1,500 1,000 1,000 1,000 1,000 1,000 1.000 1.000 1,000 1,000 750 750 750 750 750 750 199,123 174,600 Page 18
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) 7 Taxatio Th¢ Charity is a registered charity and is therefore exempt from taxation. 8 Fixed •sset investments 2024 2023 Other investrnents 6,891,659 6,850,261 Other inVestmets Listed investments Totsl Cost or V21uation At 6 April 2023 Revaluation Additions Disposals 6,850,261 85,761 823,488 867,851) 6,850,261 85,761 823.488 867.851) At 5 April 2024 6,891.659 6,891,659 Net book value At 5 April 2024 6,891,659 6.891,659 At 5 April 2023 6.850,261 6,850.261 9 Cash and eash equivalents 2024 2023 Cash at bank 138,248 116,504 10 Creditors: amounts falling due within on¢ year 2024 2023 Accrua15 41,274 41.250 Page 19
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Charitable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) J I CommitmeDts Other finaneial commitments The Trust has a commitment to the Medical Rtsearcb Council Human Immunology Unit at the University of Oxford for 4 years ai £7,500 per year, which began iti Nlareh 2023. During this year, The Trust added a Further commitment of £7,500 per year for 3 yeats to Brain 'fumour Research, with the first payment made in Septelnber 2023. Th¢ total amount of otheT financial commitments not provided in the financial sthterD¢nts was £30.000 (2023 - £22,500). 12 Fund5 Unrestricted funds Other recognised Balance at S gaiTrs/O05ses) April 2024 Balance at 6 April 2023 Ineoming resource5 Resourees expended Unrestricted funds GenÉr&l Unrestricted general funds 6,925,515 232,917 270,206) 100,406 6,988,632 Other recognised Balance at S gainsl(los$es) April 2023 Bxlance at 6 April 2022 IncomiDg esollrces Resources expend¢d Unrestricted funds Gerterul Unrestricted general funds 7,814,985 200.423 6,925.515 248,13 (841,756 Page 20
Docusign EnvelopÈ ID." 1704834(k958&4E48-911 D-A2DA236EC7A3 The Misses Barrie Cbaritable Trust Notes to the Finaueial Statements for the Year Ended 5 April 2024 (continued) 13 Related party transa¢tions During the year the tharity tnade the following related paty transactions: John Carter (The accountancy fees of £7,200 (2023: £7,750) are paid to Mr Jolm Carter, in his capacity a8 accoulltsnt to tbe Trust. The athninistration fees of £20.400 (2023.. £18,750) are paid to Raymond Carter & Co. Mr John Carter is 4 partner in this fiTm. A grant of £2,000 was made to South Croydon Day Centre Trnst (2023.. £1,000), Mr John Carter is a partrer Raymond Carter & Co who provide accountancy services io this organisation.) Page21