Charity Registrallon No. 5Z1333
THE BARLOW INSTITUTE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

THE BARLOW INSTITUTE
LEGAL AND ADMINlSfRATIVE INFORMATION
Trustee5
Miss S Lynn Jeffrie5
Mr Paul Allen
Mr T Philip McDemiott
Mr MichaÈl W Fay
Mr 8 Guy Haynes
Mr A Kerry Holt
MrAlex C Wilson
Charity number
(Appointed l July 20201
521333
Princrpal address
The 8artow
Bolton Itoad
Turton
8othn
Greater Manchester
England
BL7 OAP
Independent Èxamlner
Hvlvadychartered Atcountants
41 Bridgeman Terrace
Wigan
Lancashire
United Kingdom
WNI ITT

THE BARLOW INSTITUTE
CONTENTS
Trustees, report
Independent examinerfs ￿port
statement of financial acti¥￿e5
aalance sheet
Notes to the )Inancial statements
9-19

THE BARLOW INSTITUTE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees present their report and ffiriancial ststements fLW theyear ended 31 December 2020.
The financial statements have been prepared in accordance vrith the a¢counting policies set out in note I to the
nancial statements and comply with the charity's govetning document. the Charitie5 Art 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Prartice applicable to charib.es preparing their 3ccounts in
accordance viith the Financial Reporting Standard applicable in the UK ènd Republic of Ireland IFR5 102) (effective I
January 20191..
Objectives and a£1b￿￿e5
The charity's objects are to improve the conditions of life in the areas of Chapeliown and Edgworth without distinition
of political, religious or Dther opinions by the provision and maintenance ol
al a village hall for use by the inhabitants for meetings. lessons, dasses and other forms of recreation and lèisur&time
o¢cupation,'
bl a recreation ground for use by the inhabiiants.
The policie5 adopted in furtherance of these objects are to run The Barlow as a centre foi the good of the local
community- It is used extrensively by the residents of the village of Edgworth and the immediately adjoining areas within
the alea of beneffit. the Parish of North Turton.
The 8arlow is also a regular stopping off p04nt for many visitor5 from outside of the immediate area of benefit.
There has been no change in the objects and tKJlicies adopted tn the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity
shtsuld undertake.
The Barlow Estate benefit5 frotn havtng within its asset5 a Recrealion Ground. Bowling Green, Park and Woodland.
The Recreation Grountl is home to EdBworth Cricket and Hecreation Club IECRCI, which competes at a very high level in
the Manchester League and promotes sport and recreation locally by providing coaching opportunities to young people.
The Pavilion was recently upgraded to include improved changing room5, faolitie5 for femalè players and an improved
bar and functton area.
Froffl very generous fundin6 from the Roberts FarniSy. the Barlow has provided the new elertronic 5EDrÈboard ftrr the
Cricket Club and commenced work on a floodlit and fenced Multi-use Games Arena IMUfjAI which now stands where
the dilapidated tennis courts were and provide5 fof many new sports such 35 football, bowling, n&tball. hockey 3nd
hopefully tenni5 should thele be a wuirement. The MUGA has been to leased ECRC lor a period Of 25 years at an
annual rent of E40W per year and In return ihe ECRC will operate the hire. use. and maintenance of the tscility.
The Barlow has in 2D21 b￿lIt a fantastsc new playgrourtd. generousty funded by the Roberts family, and has taken over
responsibilFty for maintaining the playground from BWD council.
The Bowling Green is htsmÈ to Edgworth Bowling Club IEBCI. The aub is Sport England "Club mark" atcrÈdited, is very
well supported and provides coaching to adults and to children from the local Edgworth Primary School.
rhe Charity acknowledges the dedication of ECRS and E8C ground5men in maintsining tho grounds to thè high
5taTrdards that are cgmtnensurate with the need5 of their respecDve Club rankings. Their athievefflent5 are a Sour￿ of
pride to the members. the community and the Charity.

THE BARLOW INSTITUTE
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Volunteers
The contributyon of the volunteer5 to the running arLd maintenance of the Barlow is immeasurable. It is their dedicatiDn
and passion for the Bailow that will Secu￿ its ongoing ènd future development for the village and the wider ccimmunity.
The Volunteer-managed library is well appreciated and the Volunteer5. Saturday Morning Cafe is a popular rneetin8
point_
Achlevements and pèrforman
The various rooms in The Bartow have and continue io be used by many local groups providinE a wide vèriety Df
activities from art and crafts to singing, reading. tmlates. seated exercise and bridge.
The Barfow is the home of The Hoflicultvral Society. Edgworth Wl, a Folk Club and it has in ￿ceTht years hosted the
villa8e pantomime.
The Barlow Is horne to the uniformed group5 lor the younger members ol our community, and a partnership has
rE¢ently been rnade with Noteweavers, who SPÈCbalise in early childhood musical education.
The 8arlow house5 the popular Reading Room Cafe and Bar, which offers Iree wi-fi, light iefre5hwents. takeaway boxes
and occasional music events. It is popular both with locals and walke15 and other visitors.
The Barlow also hosts private functions inclvdinE weddings. thildreti's parties and other events.
The 6adow often opens its doors for stalls to sell their Wa￿S. with regular craft hir5 a monthly Trash and Treasure
event and a Christmas Fair. There is a popular greengrocery and plant stall every week.
The Barlow h35. aside from c105ure, due to the pandemic been open daity. for commuriitygroups and private users.
The Reading Room provide5 paid employment for some of the younger adults in the community and provides a pleasant
hub where people can meet socially. When forced to c105e, the Barlow offered takeaway services when regulalons
alloweij.
During the first lockdovvn the Barlow organised a Covid 19 Support Rroup that had some 200 members and was Involved
in providirTrg shopping. hospital visit5. and a myriad of other activities in support of the efttire North Turton community.
This group a150 sourced a sttpply of over 15(N)O items of froien food and snacks viè Westholrne SchDoI in 8lackburn.
A number of Barlow volunteers also undertook to help the Crown and Thistle deliver over 35(Ml free meals for
vulnerable kryeople across the community.

THE BARLOW INSTITUTE
TRUSTEES, REPORT ICONTINUEO
FOR THE YEAR ENDED 31 DECEMBER 2020
Plan5forfuture perlods
Durlng 2020121 the Barlow has undertaken some major works which are detailed as follows and in date order..
Tarmac resurface and marking oul of the Car Park a 50150 funding arrangement with the Cricket Club.
New boilers a¥*d ancillary equipment connected with heatin8 the Barlow building, partly funde¢J by a grant from Veolia.
New double gla2ed windows across the entire front of the building and a nu¥nber ol w+ndow replacenlents elsewhere
on the buildin8, again partly funded by Veolia.
A team of profes5ion31s. regional volunteers and local volunteer5 are In the Proce￿ of re5hapinB the Woodlands area
which will be a continuous process to bring the a￿￿ bèck to its former glory, this has been he'.ped by an award E>f
fundin8 from the Postcode Lottery.
The IT and WiFi has been given an overhaul ènd professional WiFi is now available actOSS the buildinE. the outside cafe
area. and the bowling green. The Internal lelephone system has also been replaced with phone5 now in the Aar,
backstage, and gallery. New Pcs have 3150 been provided in the office and a resea￿￿ PC is also now available in the
Ilbrary for all to Lsse. This has been provided partly with very generous funding from our IT partner and Cricket Club
sponsor Eventura.
The MUGA is a wonderful new sporting facility for the comwnunity and was very generously funded by the Roberts
family.
The playground was also very generously fJi nded by the Roberts famify after an in5tial fund was set up by Nick Kernick
and Councillor Jean Rigbv.
The buildin£ roof has been completely replaced with Itke br li￿ tlay tile5 and will guarantee thai the buildinE is both
safe and waterproof for many generations 10 come. The stonework around the building has also boon cleaned to Eive
the whole Ok*tside ol the building a wonderful new freshnegs. The roof funding wa5 taken frorn very generous donations
from the Baflow f3mily in recent years, plu5 tunding from the Friend5 of the Badow donations.
Moving into the future, the doors to the main Hall and the Main Entrance will have Sympathetic replacements whlch will
provide better securtty and rnore soundproofing both ways and will even further enhance the fresh new look to the
building. The door into the Reading Room will also be rofvTbished. Thi5 will be partly funded by a grant from Veolia,
When we removed the glass from thÈ tar¥oFky to the South side of the building it became clear that the whole structure
needed replacing and that Is on our list of urgeni things io do for 2022.
Now that the building is safe and waterproof we need to turn our atteotions to the inside of the bt*ilding and our p13n IS
to tac45e this as individual projects with the fitst one being the Main Hall wherè our plan is not to change anylhing
structurally but to make it the best version of the Main Hall that it could be and wtrll include a complete overhaul of the
lighting and SCFund systems with state ol the 3rt equipment which will allow us to makè use of the Hall In a5 many wèy5
as possible. We will look to launch the project ai a Gala Dinner in the autumn to celebrate our ach*evemEntS and thank
our funders aThd sponsor5.

THE BARLOW INSTITUTE
TRUSTEES. REPORT {CO1￿1￿UEDj
FOR THE YEAR ENDED 310ECEMBER 2020
Financial review
At the end of 2020. the tharity had unrestrirted reserves. excltsdt￿ fixed a55ets of £257.649. The Charity reported a
deficit for the year of -£19,019.
The trustee5 have a duty to carefully manage the assets of the Charity. in parbrular to maintsin the Barlow Estate 50
that it can continue to be used for its charitable purposes long into the fijture.
In the year to 31 December 202D, the charity was able to carry out substantial essenlj.èl repairs and improvements to
the building and estate. thanks to a numbei of very generous donations from the Robert5 Family. The Friends of the
Barlow, Edgworth Cricket and Recreational Club. AO and Veolia. This has meant that the charity ha5 been able to largely
preserve its cash reserves for future use. There a￿ still substantial ILrture works necossary io ensure that the Barlow
Estate can continue to provide a useful asset for its charitable purposes long into the future.
The generous grant from the P05tcode L(Kal Trust wa5 r￿1ved in 2020 but expendtture of that on the woodland aiez
will take place in 2021.
In the year, the charity receNed grani income from local and ￿TrtraI govÈmmÈnt relatin8 to Covid which partly offset
some of the w3ges costs and other running costs normally covered by income from the coffee shop and bar and events.
It 15 the ptrlicy of the charity that unrestricted ftjnds which have not been designated for a specific use should be
maintained at a level equivalent io between three and six month's expenditure. The tru5tee5 COn5ider5 that reserves at
this level will ensure that, in the event of a signifirant dTOP in fundin& they will be able to continue the charity's current
activitie5 while considerdtyon is given to ways in which addib.onal funds may be raised. This level of reserves ha5 been
rnaintained throughout the year.
The trustee5 has assessed the major financial n5ks to whicFL the charity is exposed. 317d are satisfied that systems a￿ in
place to mitigate exposure to the major risks. as far 35 is P055ible.
Strutture. governance and management
The charity is CDntrolled by its governing document, a deed of trust and tonveydnce dated 19Juty 1926, awnended by a
scheme dated 27 SeptembeT 20￿ and constitute5 an unincorporated tharity.
The tru5tee5 who served during the year and up to the date of signature of the financial statements were..
Mr MR C Sutherfand
{Resi8ned 25 November 20201
Mr 5 Danks
(Resigned I September 20201
Miss S Lynn Jeffrie5
Miss Yvonne Fleming
Mr Paul Allen
Mr T Philip McDermDtt
Mr Michael W Fav
Mr B Guy Haynes
Mr A KÉrry Holt
Mr Alex C Wilson
(Resigned 27 June 20201
ppoinred l Juty 20201

THE BARLOW INSTITUTE
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
The twstees are appuinted as follows..
Fouf - nominated by Barfow usergroups
Four- nominated by the Parish Council
Two- Èlerted at the AGM
rhe Board can also ctropt two fvrther trustee
The charity is governed by its trustees who a￿ vnpaid and a￿ 5UPPOrted by a number of volunteers. The charity
empFoys staff to operate the coffee shop and bar and certain functions.
The current team of Trustees if ￿-elected a￿ planning to Set a sub-committee to rEview the 8arlow Charity structure
and make any recommendations back to the Trustee5 who wrll then vote to actèpt or reject the recommendations and
then if accepted. will put the proposed change5 to the community at a meetinE for acceptance and action. Much h35
been discussed about the con5ts"tUtion over the years and hopEfully this project will provide an opportunity to provide
clarity and a clear statement of intent etsine forwèrd.
We also plan to review the rnanagement and reportin8 structure and hope to altiact new voluntreers.
Risk Mana8ement
The tru5tee5 have 3 duty io identify and manage the risks io which the charity is exposed. financial and otherwise znd
to ensure appropriate controls are in place to pro¥ide reasDnable assurance against fraud.
The trustee5 regularly discuss the risk5 faced and how to manage the risks at trustees, meetinE5. takin8 action where
necessary.
The trustees consider that they carry out adeq¢Jaie trainin2 to ensure they can carry out their duties responsibly.
The tru5tees' r
ort
s approved by the Board of Trustee5.
Mf Michael W F
Trustee
Dated: I Septem
r 2021

THE BARLOW INSTITUTE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BARLOW INSTITUTE
l ￿pOrt to the trustees on my eKamination of the financial statement5 of The Barlow Insiitute (the charity) for the
year endÈd 31 Decernber 2020.
Responsibilites and basis ol report
As the trusteeJ tsf the charity you are reswnsille for the preparation of the finanoal ststernent5 in accordance with
the requirements of the Charities Art 2011 Iihe 2011 Act).
I report in respect of ffly examination of the tharity's financial ststements Carried out under section 145 of the 2011
Att. If? carrying out my examination I have followed all the applicable Direthons given by the Charity Commission
under 5eclion 14515llbl of the 2011 Att.
Independent examlner'5 s&itement
Since the tharity's gros5 income exceeded £250,(M)) your ÈyAminer must be a member of a body listed in Section 145
of the 2011 Act. I confiTm that l am qualified to undertake the examination because l am a member of ICAEW, which is
one of the listed bodie5.
Your attention is drawn to the fact that the charity has prepared financial statÈmerrt5 In accordan￿ with Accounting
and Rewrtsng by Charitie5 prÈparing their accounts in accordance with thÈ Finanoal Reporting Standard applicable in
the UK and Republic Df ITeland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of
Recommended Pr3clice issued on l April 21MJ5 whtch is referred to in the extsnt regvlab"on5 but has now been
withdrawn.
l understand that this has tieen done in Drder foi financial ststements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective foi reporting periods beginning on or after l January 2015.
I have ￿Mpleted my examinatitsn. I confirm that no matters have come to my attention in cot)ne¢ton with the
examination giving me cause to belteve that in any material respect..
accounting retords were not kept in respect of the chariiy as iequired by section lao of the 2011 Act.. or
the financial ststements do not accord with those retords..
the financial statements do not cornp￿ wtth the applicable requirements concerning the forrn and contert of
accounts Set out in the Charities IAccourf5 and Reports) Regulation5 21M ￿her than any ￿qUIremEnt that the
aEiountS 8ive a true and fair wew which is not a matter considered as part of an Independent exarnination.
I have no concern5 and have come across no other mattets in ionnection with the exarninats.on to which attention
should be drawn in thi5 report in ordèr to enable a proper under5tandin£ of the financial 5raternents io be reached.
Hulljady Chartered Accountants
(la￿ Jady FCA
41 Bfidgeman Terrace
Wigan
Lanca5hire
WNII
United Kingdom
Dated_. I September 2021

THE BARLOW INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOU
FOR THE YEAR ENDED 31 DECEMBER 2020
Total Unrestricted
funds
2019
Resrricted
funds
2019
Total
fvnds
2020
fund5
2020
2019
Notes
Income from:
Donation5 and legacies
Charitable activitie5
Other trading activities
Investments
29.889
16.313
39,853
325
171.750
201,639
16.313
39,853
325
16.579
57,830
66.664
829
23.942
40.521
57,83L)
66.664
829
Total Income
86.380
171.750
258,130
141.902
23,942
165,844
enditure on:
Raising fijnds
61.165
61.165
78,691
78,691
Charitable activities
71.746
144.238
215,984
58,587
4.969
63.556
Total resou￿e$ empended
132.911
144.238
277.149
137,278
4,969
142,247
Net (expendl￿Tell[ll¢tsrne for
the yearl
Net movement in funds
146.5311
27.512
119,0191
4,624
18.973
23,597
Fund balances at I
January 2020
497,934
19.154
517,088
493.310
182
493,492
Fund balan￿$ at 31
Detember 2020
451.403
498.069
497.934
19.155
517.089
The statement of financial arttvities includes all 8ains and losses recognised in the yeai.
All incom@ and expenditure derivefrom cont"nuiftg acti¥ib"es.

THE BARLOW INSTITUTE
BALANCE SHEET
AS AT31 DECEMBER 2020
2020
Z019
Notes
Hxed assets
Tangible a5set5
Current assets
Stocks
Debtors
Cash at bank and in hand
193.754
191,695
15
1,552
53.544
299,891
1,600
6.952
333.468
354.987
Creditors: amounts falling due within one
year
342,020
17
150.6721
116,6261
Net current 35sets
304,315
325,394
Total assets less current liabilltles
498,￿9
517.089
Inwme funds
Restricted fund5
Unrestricted funds
46.666
451,403
19,155
497,934
498.069
517,089
The financial statements were approved by the Trustees on I September
21
Miss S Lynn Jeffrtes
Trustee
Mf Michael W Fay
Trustee ,

THE BARLOW INSTITUTE
NOTE5 TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2020
Accounting polides
Charity informatlon
The Barlt)w Institute is an unincorporated chartty registered with the Charity Commission and govemed by a
conveyance dated 19 July 1926 and amended by a scheme dated 27 September zrm. .
The financial statement5 have been prepared in accordance With the charity's goveming document, the Charitie5
Act 2011 and Accounting and Reporttrng by Charities.. 5tstement of Recommended Prdctice applicable to charib'es
preparing their accounts in accordance with rhe Financial Reporbng Standard applic8ble in the UK and Reptjblic of
Ireland IFRS 1021 (effective l January 20191". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken adwantsge of the provision5 in the SORP for Charities applying FRS 102 Update Bulletin I not to
prepare a Ststement of Cash Flow5.
The financial Statements have departed from the Charibes (Accounts and RÈportsl Regulatirsns 2008 only to the
extent required to provide a true an(J fair view. Thrs departure has invofved following the Statement of
Recommended Practice for charities aPp￿ing FRS 102 rather than the ve15ion of the Statement of Recommended
Prartice which is referred to rn the Regulation5 but which has since been withdTrwn.
The financial statements are P￿pa￿d in sterlin& which is the ftlnclional currency of the charity. Monetary amounts
in these financial statements are rounded to the nearest £.
The flnanci31 ststèments have been prepared under the hF5torical c05t convents"on. modified to include the
revaluab.on of freehold properties and to include rn¥estment properties and certain financièl instruments at fair
value. The principal accounting policies adopied are S￿ out below.
1.2 Goin8 ¢oncem
At the time of approvinE the financial statements. the trustees have a reasonable expettation that t￿e charity has
adequaie resources to continue in operational existence for the foreseeable futuie. Thus the trustees continue to
adopt the 8o*nE concern basis of accovntinE in p￿pating the financial statements.
1.3 Charlt3ble fvnds
Unrestricted funds are aVBilable for use atthe dISt￿li0n of the trustees in furtherance of theircharitable objectives.
Re>tricted funds are 5ubjett to specific conditFons by donors as to how they may be u*d. The purposes and uses of
the restricted funds are set out In the notesto the financial statements.
Endowment funds a￿ subjert to specific condiknon5 by donors th￿ the capital must be maintzined by the charity.
1.4 Income
Income is recognised when the chaiity is legally eniitled to it after any performan￿ condttions have been met, the
amounts can be measured reliabty, and it is probable that income will be received.
Cash donaD"ons are recogni5ed on receipt. Other donaDons are recognised once the Eharity has been notified Lif ihe
don3b'on. unless perfomiance conditions ￿Ul￿ deierral of the alnount. IncDme tax recoverable in relation to
donations received under Grft Aid or deeds of covenant is reco8ni5ed at the time of the donats"on.
Legacies are recoBnised on receipt or otherwise if the charity has been notified of an impending distribution. the
amount is known. and recespt Is expected. If the amourt is not known, the logacy is treated as 3 contingent asset.

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS [CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2020
counting policies
Icontinuedl
1.5 Expendltsjrè
Expendituie is recognised on an accryals basis. when the charity is legally obliged to make it, the amounis can be
measured reliably and it 15 probable that ihe expenditure will be incurred.
1.6 Tangl￿e fixed assets
Tangible fixed assets are initially measured at Cfj5t and subsequently measured at cost or valuation, net of
deprEciation and any impairmeni10$5es.
Depreciation is recognlsÉd so as to write off ihè cost or valuatyon of asset5 less their residual values over their useful
lives on the t￿lOWIng ba5e5:
Cricket and Bowling Pavilions
Cricket equipment
Fixtures and fitungs
2% cost and 25% reducin8 balance ba51S
20% straight line
25% c05t
The gain or loss arising on the dIs￿SaI of an asset 15 deterniined a5 the difference between the sale proceeds and
the carrying value of the asset, and is recognised in net incomellexpenlliturel forthe year.
1.7 Imp3irrnent of fixed assets
At each rÈportin8 end date. the cha¥iiy reviews the carrying amounts of its iangible asset5 to determine whelher
there 15 ary indication that ihose assets have suffered an impaiment Ios5. If any such indication exists. the
reciwerable amount of the asset is ests"mated in order to determine the extent of the impèirfflent loss lif 3nvl.
1.8 Stocks
Stocks are stated at the lower of tost and e￿imated selling price less costs to complete and sell. Cost comprises
direct materials and. where applicable. direct labour costs and those overheads that have been incurred in bringing
Ihe stocks to their present l¢xab"on and condrtion. Items held for distribution at rEo or nominal constderation are
easu￿d the lower Df replacement cosl and cost.
Net realisable v31ue is the ests"mated selling price less all esbmated £05ts of COFnpletion and costs to be incurred in
ma.. ketin& selling and distrib￿lOn.
1.9 Cash and Cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with bank5. Other short-term liquld investrnents
with original maturits.es of thrÈe months or le55, and bank overdrafts. Bank overdrafts are shown within borrowings
in current liabilities.
1.10 Finanaal instruments
The charity has elected to a￿￿¥ the prowsion5 of Section 11 '8asic Financial Instruments. and Secbon 12 '0ther
Financial Instruments 15sues' of FRS 102 to all of its finanoal in51ruments.
Financial instrurnents a￿ re¢ognised in the charity's balance sheet when the charity becomes party to th
eontrartual provisions of the iTr5trument.
Financial assets and liabilith.es are offsot. wrth the nei aTnounts prÈ5ented in the financial ststements, when there is
le8ally enforceable right to set off the recognised arnounts and there is an intention to settle on a net ba51s or to
reali5e the asset and settte the liabilrty simultaneously.
10-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Ac¢ounting policies
{Con￿nued)
Bo*¢finonciolussets
8a5ic financial assets, which include ¢Jebtors and cash at7fl bank balances. are initially measured at transacDon price
including transacbon costs and a￿ subsequently carried at amorti5ed cost Using the effective interest method unles5
the arraii EemeTrt constilutes a financing transaction. where the transaction 15 measvred at the p￿sent value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are
not amortised.
Ba$￿financIal liqbilities
8asic financial Iiabilitie5, including creditors and bank loans are initially retQ8Dtsed at transactiOVb price unless the
airangement constitutes a finanong trnnsdrtion. wh&re the debt instrument is measured at the present value of the
future payments discounted at è market rate of interest. Financial liabilities dassified as payable within one year are
not amortised.
Debt It￿trUMentS are subsequently carried at èmonised cost. usine the effective Intere￿ rate method.
Trade creditors are obligab"Dn5 to pay for 8(￿S or Servi￿ have been acquired yn the ordinary £our5e of
operations from suppliers. Amounts payable are classthed as cvrrent lÈabilities if payment is due within one year or
less. If not. they are presented as non-current liabilities. Trade creditors are ￿cOgnised inrtially at transaction price
and subsequently measured at amortised cost using the effective Inte￿5t method.
Derecognltion offinaN701 liobililies
Fin3ncial liabilities are derecogni5ed when the tharrty's contrartual oblieations exprre or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday erFtitlement is recognised in the perifyj in which the employee's seivice3 are
Teceived.
Termination benefits are ￿CogniSed immediatefy as an expense when the charity Is demonstrably committed to
terminate the employment of an employee or to provide terminaticffi benefits.
1.11 A￿l￿Ment benefits
Paytnents to dÈfined contributton retirement benèfit schemes are charged as an expense as they fall due.
Critical actountFng esllmatos and ludKon*nts
In the applicats.on of the charity's accountin8 poIFcies, Ihe tnJstees are ￿qUired to make judgements, estrmète5 and
assumptions about the carrying amount of ?ssets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experientr and other factors that are considered to be
relevant. Attual results may differ from these estimates.
The estimate5 and underlying assumplions aTr rev￿￿ed on an ongoin8 basts. Revisions to accounting esumates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period
of the revision and future periods where the revisifin affects both current and fLrture periods.
11

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Donatlons and legacie5
Unrestrkted Restrit¢ed
funds
lunds
Totsl unrestricted
fund5
Restricted
funds
Total
2020
2020
2019
2019
2019
Donation5 and gifts
Grants
5.628
24,261
151.750
20,fAX)
157.378
44,261
16.579
23,942
40.521
29.889
171.750
201.639
16.579
23.942
40.521
Charitsble adivi15es
Charitable
Income
2020
Charitable
Income
2019
Rental income and rDom hi
Fundraising eveHt5 and tickets
Volunteer5, cafe
7.946
6.387
33.964
16,161
7,705
16.313
57,830
Other trading act5vlties
Unrestricted Unrestricted
fund5
fund5
2020
2019
The Reading Room coffee Shop and Bar
39.853
66,664
12-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Investments
Unrèstricted Unrestricted
furH15
funds
2020
2019
Interest receivable
32S
829
Ralslng lunds
Unrestricted Unrestricted
fuwtd5
funds
2020
2019
Fundraisin
and blici
Costs of lundraising and ticketed events
3.578
9,639
Tradin
tOSts
Coffee shop purchases
Bar purchases
Staff costs
11,711
2,513
43,363
14,242
15,417
39,393
Trading costs
57.587
69.052
61,165
78,691
13-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Charltable actlvltie5
Charitrble
Charltable
Expenditure Expenditure
2020
2019
Depreciation and impairment
Charitsble expendiiute
14.342
162,768
10.409
12.050
177,110
22,459
Share of support costs Isee note 101
Share of govemance cost5 (see note 101
28.237
ID.637
31,010
10,087
215,984
63,556
Analysls by fund
ijnrestrtcted funds
Restricted funds
71.746
144.238
58.587
4,969
215,984
63,556
DÈwiption of tharitable advities
Charitsble Ex
enditure
Charitable activities Include all acii¥ities associated with the upkeep of the Barlow Estate and the ngn-trading costs
associated with the charitable purposes of the Charity.
14-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMEKf5 ICONnNUEDI
FOR THE YEAR ENDED 31 DECEM8ER 2020
10 Support costs
2020 Support costs Governance
Costs
2019
BanL' charges
Rates and water
Insurance
Light and heat
Telephone
Postage and stab"onery
Adverbsing
Sundry office costs
CleantnE and maintenante
1.058
1,160
4,688
10.113
1,060
178
536
3.431
8,786
I,Q58
1.160
4,688
10,113
1,06D
178
536
3,431
8.786
1.646
5,024
8.532
i.iii
21
1,646
5.024
8.532
I,iii
21
1.610
8.623
1,610
8,623
Accountancy
Legal and professional
2.303
8,334
2.303
8,334
2,435
7.652
2.435
7,652
28,237
10,637
38,874
31,C*io
10.087
41.097
An31y5ed between
Charitable activib"e5
28,237
10,637
38.874
31,010
10.087
41,097
11 Trustees
None of the trustees lor any persons connected with them) received any ￿MUneratiOn or benefits from the charity
during the year.
Employees
The average monthly nurnbÈr of employees during ihe year was=
2020
Number
2019
Number
Bar staff
Employment ￿$ts
2020
2019
Wages and salaries
other peftsion costs
43.186
177
39.336
57
43,363
39,393
There were no employees whose annual remuneration was £60.(KKJ or more.
15-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS IcoNnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
13 Tanglble fixed assets
Cric
equfjp￿
Flrtures and
Totsl
At l January 2020
Additions
247.473
23,942
16.400
272,323
16,400
At 31 Decernber 2020
247.473
40.342
908
288,723
DeprLYiation and impairment
At l January 2020
DeprecIa￿On charged in the year
75.386
5,226
4.788
227
80.401
14.568
454
At 31 December 2020
80.612
13.676
681
94.969
CarryFng amount
At 31 Oecember 2020
166.861
26.666
227
193,754
At31 DeTrmber2019
172,087
19,154
454
191.695
14
Herita6e a55ets
At l January 2020 and * 31 Detember2020
The charity was set up to manage and maintain land and property which had been gifted by the Barlow family to the
custodian trustee, North Turton Parish Council. which holds formal ts.tle to the esiate on beha￿ of the charity. The
trustees consider the land and property to be a Heritsge A55et because it has specific historical and environmental
qualities and is held and maintained for its cOntrib￿lon to the cultural life of local people. The Heritage Asset deriv2s
from permanently endowed assets of the (harity.
15 Sto¢k5
2020
2019
Raw materials and consumables
I,SS2
1,600
16-

THE BARLOW INSTITUTE
NOTE5 TO THE FINANCIAL STATEMENTS (COKnNUED>
FOR THE YEAR ENDED 31 DECEMBER 2020
16 Debtors
2020
2019
Amounts falllng due wlthth one yezr:
Trade debtor5
Other debtor5
Prepayrnents and attrued income
4,400
49.144
2,763
3.942
247
53,544
6.952
17 Creditors.. amounts falling due within one year
2020
2019
Othef t3xatioD and social security
Trade creditors
Other c￿(sItors
Accruals and deferred incorne
125.4831
65.267
85
10.803
12291
14.938
84
1,833
50.672
16.626
17-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS IcoKfiNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2020
18
Restricted funds
The income fvnds of the charity include restricted furbds comprising the following unexpended balances of donations
and 8Trnts held on trust for spe¢thc purposes=
Movement in(unds
Movement In funds
Intomini
Èalance at
Balan¢e ai
JI December
2020
expended
Great War
Fund
182
11821
Viridor Credits
Environmental
Companv
Edgworth CRC
AO
23,942
14,7871
19.154
14,7881
15,3501
I4,1￿>
1100,ocK)I
14,366
5.350
16.400
iOO.OLK)
12,30CI
AO
Postcode Local
Trust
Veolia
20.r%)o
30,￿)0
20.￿0
130,0001
182
23.942
14.%91
19.154
171.750
1144,2381
46.666
Re5trirted funds relate to an amount received from Viridor of £23.942 lin 20191 specificalty to enable it to purchase
the cricket nets which a￿ shown in fixed a55ets.
The Great War Fund related to an amount recei¥ed in 2014 ￿l3￿"n8 to commemorations of the First World War and
has now been spent in full.
The Robertg family/AO donated an amount of £l(K).LXX) specificalty io be used for the repair of the fabric ol the
Barlow Building and Estate
The Robert5 family/AO donated £16.4LX) to enable the purchase of the Cricket Scoreboard, whith is shown in fixed
assEts
The Postrode Local Trust made a grant of £20.0￿ to be spent ors the development of the woodland area
surrounding the Barlow Building
The Ed￿Orth Crcket and Recreational Club donated £5.350 a5 a contrrbution towards the repair of the car-park
Veolia donated an amount of £30.[￿ 5pecifit311y to be used for the repairs to the heating system and to the
windows in the Barlow
18-

THE BARLOW INSTITUTE
NOTES TO THE FINANaAL STATEMENTS (COMnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
19 Anal￿15 ol net assets between fvnds
ljnrestrirted Restrirted
funds
nds
2020
2020
Totsl Unrestricted
funds
2019
Restrirted
fund5
2019
Total
2020
2019
Fund balances at 31
De￿rnber 2020 are
represented by-
Tangible assets
Current asset¥ll¢abilitsesl
167,088
284.315
26.666
20.(
193,754
304.315
172.541
325,394
19.154
191.695
325,394
451,403
498.069
497,935
19.154
517,089
20 Related party tran5a¢tions
There were no di5closable related party transacbons during the year12019- none).
19-