2021-04-05-accounts - The Barbour Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-6
Independent Auditors'	Report	on the Financial Statements	7-10
Statement ofFinancial	Activities
Balance Sheet			12
Statement ofCash Flows			13
Notes to the Financial	Statements		14-32

				Endowment	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2021 6	2021 f	2021 6	2020 5
Income and endowments		from:
Donations and legacies							5,620,786
Investments					605,576	605,576	661,857
Other income					3,500	3,500	6,123
Total income and	endowments				609,076	609,076	6,288,766
Expenditure on:
Raising funds					131,634	131,634	127,114
Charitable activities					2,808,796	2,808,796	2,458,065
Total expenditure					2,940,430	2,940,430	2,585,179
Net (expenditure)/income		before net
gains/(losses) on	investments				(2,331,354)	(2,331,354)	3,703,587
Net gains/(losses)	on investments				2,181,348	2,181,348	(1,351,497)
Net rnovernent in	funds				(150,006)	(150,006)	2,352,090
Reconciliation of	funds:
Total funds brought	forward			23,996	13,298,689	13,322,685	10,970,595
Net movement in funds					(150,006)	(150,006)	2,352,090
				23,996	13,148,683	13,172,679	13,322,685
Total funds carried forward

			BALANCE SHEET	BALANCE SHEET
			AS AT 5APRIL 2021
					2021		2020
			Note		E
Fixed assets
Investments			16		13,593,247		13,091,501
					13,593,247		13,091,501
Current assets
Debtors			17	162,325		248,234
Cash at bank	and	in hand				72,418
				162,325		320,650
Creditors: amounts		falling due within one
year			16	(552,693)		(89,466)
Net current	liabilities Iassets				(390,566)		231,184
Total assets	less	current liabilities			13,202,679		13,322,685
Creditors: amounts		falling due after more
than one year			19		(30,000)
Total net assets					13,172,679		13,322,685
Charity funds
Endowment funds			21		23,996		23,996
Unrestricted	funds		21		13,145,683		13,298,689
Total funds					13,172,679		13,322,685

			STATENIENT OF CASH FLOWS	STATENIENT OF CASH FLOWS
		FOR THE YEAR ENDED 5APRIL 2021
					Note	2021 8	2020f
Cash flows from operating		activities
Net cash	used in operating	activities			23	(2,745,132)	(2,348,969)
Cash flows from investing		activities
Dividends	and interest from	investments				496,903	598,903
Proceeds	from the sale of investments					1,740,000	1,840,000
Net cash	provided by investing activities					2,236,903	2,236,903
Change	in cash and cash	equivalents	in	the year		(508,229)	(110,066)
Cash and	cash equivalents	at the beginning		ofthe year		72,416	182,482
Cash and cash equivalents		atthe end of		the year	24	(435,813)	72,418
The notes on pages 14to 32form part			ofthese financial statements

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
					E	6	8
Donations		and related		HMRC gift aid receipt			5,620,786
Investment		income
					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
					K	6
Income from listed			investments		194,673	194,673	249,586
Dividend	income - J.Barbour &Sons Limited				410,903	410,903	410,903
Interest receivable			on	cash deposits			1,368
					605,576	605,576	661,857

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			6	6
Other income - uncashed		grants	3,500	3,500	6,123
Expenditure	on raising	funds
			Unrestricted	Total	Total
			funds	funds	funds
			2021 6	2021 6	2020f
Investment	management	costs	131,634	131,634	127,114
Analysis ofexpenditure		by activities
			Grant
			funding of	Support	Total
			activities	costs	funds
			2021	2021	2021
			8	6	8
Grants to institutions			2,754,054	54,742	2,808,796
			Grant
			funding ot	Support	Total
			activities	costs	funds
			2020f	2020	2020
Grants to institutions			2,404,833	53,232	2,458,065

Support C	osts
				2021 6	2020f
Salaries				32,506	32,207
Employers	National		Insurance	2,039	2,041
Governance	costs			19,525	f8,358
Office and	other	sundry expenses		41	24
Reimbursement		of	trustee expenses	631	802
				54,742	53,232

								Grants to	Total
								Institutions	funds
								2021	2021
								E	6
Grants	to institutions							2,754,054	2,754,054
								Grants to	Total
								Institutions	funds
								2020f	2020
Grants	to institutions							2,404,833	2,404,833
Reconciliation			ofgrants payable
								2021	2020
								6
Committed		but	not for immediate	payment		at	start ofyear	35,000	57,500
Grants	payable		for the year					2,754,054	2,404,833
Grants	paid	during the year						(2,694,454)	(2,427,333)
Committed		but not for immediate			payment		at end ofyear	94,600	35,000

lysis ofgrants to instit	utio	ns
Grants to institutions						2021
						E
1st Burmoor Scout Group						2,000
4Louis						1,000
Acorn Community Church						2,000
Action for Children North East						5,000
Action Medical Research for Children						10,000
ACTS - Age Concern Tyneside			South			5,000
Alington House Community		Association				1,500
Alzheimer's Socieiy UK						5,000
Animal Health Trust						50,000
Anna Plowden Trust						3,000
Anxious Minds						10,000
Artichoke						1,900
Bachman's Community	Ltd					1,500
Barnardo's - the Base -	Whitley			Bay		5,000
Bedes Helping Hands Foodbank						2,000
Bell View (Belford)						5,000
Bellingham Town Hall						2,500
Beyond Limits						2,000
Bipolar UK						2,000
Blesma						1,000
Blind Veterans UK						5,000
Blue Sky Trust						5,000
Blyth Star Enterprises						10,000
Blyth Star Enterprises						1,000
Boldon &Cleadon Comm Library						2,000
Bone Cancer Research	Trust					5,000
Brain Tumour Charity						4,000
Brandon Carrside Youth	&	Community			Project	2,000
Breast Screening Services		North		East		5,000
Bright Futures						10,000
British Red Cross						15,000
British Red Cross (Beirut Appeal)						5,000
British Red Cross (Coronavirus			Appeal)			5,000


Grants to institutions								2021
								5
Broadside Creative CIC								2,000
Burnhope Community	Centre							2,000
Campaign for National	Parks							1,500
Catton Village Hall								2,000
Children's Foundation								5,000
Christ Church, North Shields								2,000
Christian Aid								10,000
Christian Aid - COVID-19			pandemic			in Gaza		1,000
Chronicle Sunshine Fund								7,600
CHUF								10,000
Church Army								1,000
Churches Together South			Tyneside			for Street Angels South	Tyneside	4,000
Clegwell & Hartleybum	Community				Hub			10,000
Cleveland Housing Advice Centre								2,000
Colostomy UK								1,000
Communities Together	Durham for				Faith in our Community		Network	6,000
Community Foundation		High Sheriffs				awards Scheme Tyne	and Wear	5,000
Connected Voice								10,000
Contact Morpeth Mental		Health Group						4,000
Cornerstone								5,000
Cowpen Quay Community			Assoc					5,000
Cramlington in the Community								2,000
Crest								5,000
Crisis								10,000
Crohn's &Colitis UK								5,000
Crook Community Project								1,000
CVA Blyth								2,000
Cystic Fibrosis								5,000
DaR as a Brush								50,000
DKMS								5,000
Dogs Trust								20,000
Duke of Edinburgh Award								10,000
Durham Action on Single		Housing		(DASH)				2,000
Durham Agency Against		Crime						10,000
Durham Assoc of Boys	&Girls Clubs							1,000
EDT								5,000
Engage in the Community								1,000
Equal Arts								5,000
Escape Family Support								5,000
Escape Intervention Service Itd								5,000
F.A.C.T								10,000
Families First 4Additional			Needs					1,500
Families in Care								5,000
Family Action								2,000
Feeding Families								5,000
Fertile Ground								1,000


Grants to institutions				2021
				5
Fightback Charity				10,000
Food Cycle				5,000
Free the Way				2,000
Freedom from Torture				5,000
Gallery Youth				5,000
Girlguiding North Tyneside				1,000
Grace House Hospice				2,000
Great North Air Ambulance				2,000
Greggs Foundation - Hardship			Fund	5,000
Grindon church Community		Project		2,000
Handcrafted Projects				5,000
Happy Days				2,000
Haven Tyneside Ltd	- Christmas		2020	2,000
Heartbeat				5,000
Hearth Charity				1,000
Hebburn Helps				5,000
Hedworthfield Comm	Assoc			1,500
Hextol Foundation				2,000
Hindmarsh Hall, Alnmouth				2,000
Hospice Care North Northumberland				4,000
Hub Drop in for Asylum Seekers and Refugees				2,000
Huntington's Disease	Association			1,500
If U Care Share				10,000
IndependentAge				1,000
Inspiring Minds				2,000
International Rescue	Committee			5,000
International Rescue	Committee			1,000
International Rescue	Committee			1,000
Isabella Community Association				2,000
Jesmond Library				7,500
Kayaks				1,500
Kidney Research UK				5,000
Kings Church Darlington				2,000
Leonard Cheshire				10,000
Listening Books				2,000
Look Good Feel Better				5,000
Lord Taverners				2,000
Lupus UK				1,000
Macular Society				5,000
Maggie's				100,000
Maggie's				100,000
Man Health				2,000
MBC Arts Wellbeing	CIC			12,000
Medicinema RVI				1,000
Meningitis Now				1,000
Mercy Project				5,000


Grants to institutions					2021
					5
MHA- North Shields Live	at	Home Scheme			1,000
MNDA					2,000
More than Grandparents					5,000
Moving On (Durham) Ltd					2,000
Multiple System Atrophy Trust					2,000
Muscular Dystrophy					5,000
National Kidney Federation					1,000
National Literacy Trust					10,000
Neuroactive UK					2,000
Newcastle Cathedral					50,000
Newcastle University					100,000
Nordoff Robins					8,915
North Music Trust					500,000
North Music Trust					500,000
North of England Children's		Cancer	Research		5,000
North Star Counselling CIC					10,000
North Tyneside Learning Trust					4,000
Northern Roots					2,000
Northern Stage					1,000
Northern Steel Bands - Cramlington			Caribbean	Crew	1,500
Northumberland -A Guide					2,000
Northumberland Domestic	Abuse Services				5,000
Northumberland National	Park Foundation				90,000
Northumberland Recyclable		Furniture	Scheme		1,500
NSPCC Newcastle					20,000
Oasis Community Housing					1,000
Ocean Youth Trust North					1,400
Opera Sunderland					2,000
PAD SilxTeen Bar					2,000
Parkinson's UK					5,000
Path Head Water Mill					1,500
Pelton Community Assoc	- Youth Project				2,000
Pennywell Neighbourhood	Centre				3,000
Pennywell Youth Project					3,000
Peoples Kitchen					10,000
Peoples Theatre					3,000
Percy Hedley Foundation					10,000
Place2Be					2,000
Places for People - 114Dock Street					1,000
Places for People Living Plus					1,000
Portico North					15,000
Princes Countryside Fund					20,000
Princes Trust					100,000
Prudhoe Youth Project					1,750
RABI Christmas Appeal					1,000
Radio Shields CIC					1,000


Grants to institutions								2021
								5
Rape Crisis								5,000
React								1,500
Read for Good								2,000
Recruitment Junction								1,000
Regent Christian Fellowship		-	CAP Debt Centre					5,000
Rethink Mental illness								5,000
Revitalise								2,000
RNIB								1,000
Road to Recovery Trust								2,000
Roy Castle Lung Cancer Foundation								4,000
Royal Voluntary Service - Good Neighbour						Scheme		5,000
Royal Warrant Holders Charity			Fund					50,000
RWHA Charity Fund (Princes			Countryside			Fund)		10,000
Sailors Children's Society								1,000
Samaritans ofTyneside								1,900
Samling								5,000
Sandhill Community Group								1,000
Scouts 18th Darlington								2,000
Sea Cadets - Derwenthaugh		Boat Station						1,500
Search Services for older people								5,000
Skills for People								4,200
Social Mobility Foundation								12,000
South Shields Cricket Club								2,500
Southwick Neighbourhood	Youth			Project				10,000
Southwick Neighbourhood	Youth			Project				1,500
Speakers for Schools								5,000
Spennymoor Town Band								1,000
Spinal Injuries Association								2,000
Splash								1,000
St Benedict's Hospice								5,929
StCuthbert's Church Bellingham								1,000
StGeorge's Jesmond								10,000
StMargaret's Church of England				Primary		School		1,000
St Mary Magdalene Church,	Whalton							10,000
StOswald's Hospice								100,000
StVincent de Paul Society	- Mental				Health	and Wellbeing	Programme	10,000
Street Games UK								5,000
Success 4 All								2,000
Sunderland &County Durham			Royal		Socfor the Blind			2,000
Sunderland Community Transport								1,000
Sunderland Guild of Help								1,500
Sunderland North Family Zone								5,000
Support Through Court Newcastle								2,000
Teenage Cancer Trust								5,000
Theatre Royal								12,500
Toby Henderson Trust								5,000

Grants to Institutions	Grants to Institutions			2021
				6
Together for Short	Lives			1,000
Together in Music				2,000
Tom's Trust				5,000
Tynedale Hospice	at Home			10,000
UK Electronics - Skills Foundation				14,000
US				5,000
Veterans at Ease				10,000
Victim Care				1,000
Wag &Co				4,600
Wallsend Boys Club				2,000
Waves Additional	Needs	Support Group		1,500
Weardale Museum				2,000
Whalton Village Hall Trust				10,000
Wheels to Work Durham				1,000
Wildfowl &Wetlands Trust				5,000
World Cancer Research		Fund		5,000
Young Epilepsy				1,000
			234	2,743,694
			77	10,360
			311	2,754 054

	2021	2021	2020	2020
	8		E	'Yo
Community welfare	615,530	22.34'/o	272,273	11.32o/o
Youth/children	239,350	8.69'/o	207,600	8.63'/o
Medical	542,859	19.71'/o	1,277,160	53.11'/o
Disability	47,600	1 73o/o	64,100	2.66'/o
Elderly	12,000	0.44'/o	4,000	0 17'/o
Conservation/horticultural	96,500	3.50o/o	4,700	0.20o/0
Heritage/museums		p ppo/o	102,000	4.24o/0
Service charities	11,500	0.42 /0	16,000	0.67'/o
The arts	1,055,115	38 31o/o	221,500	9.21'/o
Housing/homeless	25,000	P91'/	52,500	2 180/0
Maritime		p pp/o	5,500	0.23o/1
Animal welfare	74,600	2.71'/o	170,500	7 Pgo/o
Special appeals	34,000	1.24'/o	7,000	0.29'/o
	2,754,054	10000%	2,404,833	100400/

			Cash
	Listed	Unlisted	available for
	investments	investments	reinvestment	Total
	6	6		K
Cost or valuation
At 6April 2020	12,774,094	23,996	293,411	13,091,501
Additions	1,514,879		3,661,242	5,176,121
Disposals	(3,465,338)		(3,390,385)	(6,855,723)
Revaluations	2,181,348			2,181,348
At 5April 2021	13,004,983	23,996	564,268	13,593,247
Net book value
At 5April 2021	13,004,983	23,996	564,268	13,593,247
At 5April 2020	12,774,094	23,996	293,411	13,091,501

		2021	2020
		6
Dividends	receivable	162,325	248,234
		162,325	248,234

	2021f	2020f
Bank overdrafts	435,813
Accrued grants payable to institutions	64,600	35,000
Other creditors	21	121
Accruals and deferred income	52,459	54,345
	552,893	89,465

Statement	offunds	- current	year
			Balance at 6				Gainsl	Balance at 5
			April 2020f	Income f	Expenditure	f	(Losses) f	April 2021 f
Unrestricted	funds
General unrestricted		funds	13,298,689	609,076	(2,940,430)		2,181,348	13,148,683
Endowment	funds
Endowment	Fund		23,996					23,996
Total offunds			13,322,685	609,076	(2,940,430)		2,181,348	13,172,679

Statement	offunds	- prior y	ear
			Balance et				Gainer	Balance at
			5April 2019	Income f	Expenditure	f	(Losses) f	5April 2020
Unrestricted	funds
General unrestricted		funds	10,946,599	6,288,766	(2,585,179)		(1,351,497)	13,298,689
Endowment	funds
Endowment	Fund		23,998					23,996
Total offunds			10,970,595	6,288,786	(2,585,179)		(1,351,497)	13,322,685

Analysis ofnet assets between funds - current	year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2021	2021	2021
	6	K	5
Fixed asset investments	23,996	13,569,251	13,593,247
Current assets		162,325	162,325
Creditors due within one year		(552,893)	(552,893)
Creditors due in more than one year		(30,000)	(30,000)
Total	23,996	13,148,683	13,172,679

	Endowment	Unrestricted	Total
	funds	funds	funds
	2020	2020	2020
		6
Fixed asset investments	23,996	13,067,505	13,091,501
Current assets		320,650	320,650
Creditors due within one year		(89,466)	(89,466)
Total	23,996	13,298,689	13,322,685

23.	Reconciliation ofnet movement	Reconciliation ofnet movement	in funds to	in funds to	net	cash flow	from operating	activities
								2021 6	2020f
	Net income/expenditure for	the	year	(as	per	Statement	of Financial
	Activities)							(150,006)	2,352,090
	Adjustments for:
	Gains/(losses) on investments							(2,181,348)	1,358,387
	Dividends and interest from investments							(605,577)	(661,858)
	Increase/(decrease) in creditors							60,125	(22,702)
	Costs paid through the investment		fund					131,674	127,114
	Donations income received to investments								(5,500,000)
	Net cash used in operating	activities						(2,745,132)	(2,346,969)
24.	Analysis ofcash and cash equivalents
								2021	2020
								6
	Cash in hand								72,416
	Overdraft facility repayable on	demand						(435,813)
	Total cash and cash equivalents							(435,813)	72,416
25.	Analysis ofchanges in net debt
							At 6April		At 5April
							2020	Cash flows	2021
							6	6	8
	Cash at bank and in hand						72,416	(72,416)
	Bank overdrafts repayable on	demand						(435,813)	(435,813)
							72,416	(508,229)	(435,813)