Charlty rezlstratlon number 521333 IEn8land and Wales)
THE BARLOW INSTITUTE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE BARLOW INSTITUTE
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mrjohn Marrlott
Mr Michael W Fay
Mp8 Guy Haynes
Mr Phllip Grundy
Mrs Jennifer Coleman
Mr Nicolas Kernick
Mr Stephen Rothwell
(Appointed 18 May 20241
IAppolnted 18 May 20241
IAppolnted 26 March 20251
Charlty number (England and Wales)
521333
Prfn¢lpal addrass
The Barlow
Bolton Road
Turton
Bolton
Greater Manchester
England
BL7 OAP
Independent examlner
Hulljadv
41 Brid8eman Terrace
Wlgan
Lèncashlre
United Kingdom
WNII

THE BARLOW INSTITUTE
cO￿rENTs
Pase
Trustees. report
Independent examlner's report
Staternent of financlal athvltles
Balance sheet
Notes to the flnanclal statements
10-21

THE BARLOW INSTITUTE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statement5 for the year ended 310ecember 2024.
The flnanclal statements have been prepared In accordance wlth the accoundng policies set out in note I to the flnanclal
statements and comply with the charity's governing document. the Charltles Act 2011 and "Accoundng and Repordng by
Charities.. Statement of Recommended Practlce applicable ro charlties preparlng thelr accounts In accordance with the
Financial Reportln8 Stsndard appllcable in the UK and Republic of Ireland IFRS 1021 leffertSve l January 20191..
Oble¢tl¥es and actmtles
The charity's objectls, in the interest5 of social welfare, to improve the conditions of life for the inhabltants of the Parlsh of
North Turton without dlsdnction of polltlcal, religious or other opinion by the provision and malntenance of:
a vlllage hall for use by the Inhabltants, includlng use for:
meetin8s, lectures and classes, and
11. other forms of recreation and leisure-tSme occupatSon,' and
a recreatlon 8round for use by the inhabitants.
In line with the objects of The Charity, the Barlow provldes a centre for the 8ood of the local cffl)munity. It Is used extenslvely
by the residents of the village of Edgworth and the immediately adjoinin8 areas within the area of beneflt of the Parlsh of
North Turton. The Barlow is also a regular stopping off polnt for many vlsltors from outslde of the immedl3te area of benefit,
Publlc benefit
The trustee5 have paid due regard to 8uidance Issued by the Charlty CommlssSon In decldln8 what athvities the charfty should
undertake.
There were no malor Health and Safety Issues in 2024 to report.
The Volunteer managed Ilbrary is runnlng a5 normal on Saturday mornings and Is very much appreclated and supported bythe
Readlng Room Café and Bar, whlch offers free wi-fi, Ilght refreshments. and takeaway boxes. It Is frlendly and Is popular
both with locals and walkers and other vlsitors.
The varlou5 r00rn5 in The 8arlow have contlnued to be used by many local group5 providing a wlde varlety of activltles from
art and crafts to sln8ln8. reading, pllates, yoga, seated exercise, toddler 8roup and brid8e. In 2024, we rÈfurblshed some of the
smaller rooms whlch are to be rented out.
The Barlow is the home of The Hort(cultural Society, Ed8WOrth Wl, a Folk Club and It has in Tecenr years hosted yet a8ain the
very successful village pantomlme.
The Barlow Is home to the uniformed groups for the younger members of our comrnunity.
The 8arlow also hosts many functions in the hall Including weddln85, children's partles. Ilve music and other event5. In 2023,
we invested In a new music system and in 2024 new chalrs for the hall. thank5 to some very generous donors, some of whom
donated vla the Sponsor A Chair scheme. We have received many positive comments and feedback from attendees at the
varlous functions.

THE BARLOW INSTITUTE
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
The Barlow holds re8ular craft fairs, a Christmas Fair and will be holding more Antlque Valuation Dtys as the first two were
well attended. The people who ran the popular 8reÉn8rocery and plant stall unfortunately had to retire, so the stall Is now
operated by the Barlow staff. being held every Saturday mornin8 in the hall, with plants to be Introduced to the range supplled
very 500n.
The three legged race was run by the charity this year and we wlll be h05tln8 the Edgworth Iok run and summer Fun Day.
The Barlow Estate benefits from havln8 wlthin Its asset5 a Recreation Ground. Bowllng Green, Park and Woodland,
The Recreadon Ground is home to Edgworth Cricket and Recreation Club IECRCI, whlch compete5 and womotes sport and
recreatlon locally by provldlng coaching and team-playing opportunities to young people. The P3vlllon was recently up8raded
to include improved changlng rooms, facilities for female players and an Improved bar and functfon area.
The Bowling Green is home to Ed8WOrth Bowlin8 Club IEBCI. The Club has about 93 members and has teams in various
league5. It provldes coachln8 to adults and for local school chlldren, and ha5 acqulred Some speciallst equlpment that allows
some people with disabilities to bowl.
The Charlty acknowled8es the dedlcation of ECRC and E8C groundsmen In malntaining the grounds to the hlgh standards that
are commensurate wlth the needs of their respective Club ranklngs. Thelr achievements are a source of prlde to the members,
the community and the Charity.
The Barlow bulldlng Is a credlt to its Volunteers, It is always welcoming, clean and tldy desplte belng over 100 years old. The
contribution and dedlcatlon of the Volunteers who run and maintain the buildin8 Is paramount to The Barlow's success.
The Stewardship of The Charity Is through The Board of Trustees who contlnue to provlde their time on a voluntary basls.
The Board of Trustees is always open for discusslon wlth anybody who wlshes to loln the Board and all mee￿n85 are fully open
to the publlc.
Volunteer5
The contribution of the volunteers to the running and maintenance of The Barlow is irnmeasurable. Thelr commitment wlll
secure the ongoing and future development of The Barlow, However, new volunteers are alway5 welcome whether It be
worklng in the office, or providing ski115 on any part of our maintenance and decoration prolects. We appreciate all of our
volunteers, contributions whether for a few hours or more a weel or to assist on speclflc prolects.
The trustees also conttnue to provlde thelr ttme on a voluntary basis.

THE BARLOW INSTITUTE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and performance
Slgnificont octivities ond ochievements aoalnst objecfives
The Barlow Is open dally. for community groups and prlvate users.
The Reading Room provldes pald employment for some members of the communlty, and provides a pleasant hub where
people can meet socially.
We are In the proce55 of updatin8 the webslte whlch should be more user frlendly. and wlll promote The Charlty and the
various activities that are held here.
Multl-use Games Arena {MUGA)
The MUGA was completed and opened In July 2021 and has quickly become popular wlth much of the communlty and is very
much utlllsed most evenlngs and weekends with diverse activities such as hockey, veteran5' football. junlors, football, bowlin8,
and cricket, The MUGA ha5 been leased to the Cricket Club on a fully repairin8 25 year lease, funding was from a very
generou5 donation from the Roberts famlly.
pla￿roUnd
The new playground was opened In july 2021 and has been an Incredible success with hardly a minute of any day where
children of the vlllage and beyond cannot be heard having a great dme on the many attractions. Ongolng maintenance of the
playground is now the responsibility of the Charity and plans are in place for thls to be carried out goln8 fonvard. Fundln8
again for this project wa5 provided by 8enerous donadons from the Roberts famlly.
8arlow Instltute Bulldlng
The bulldlng is now safe, secure, and watertfght and the hall has recently been refurbished and Includes a new sound and light
system ready for expanslon of the events calendar. The work was done largely by a team of dedlcated volunteers, With funds
raised by 'Friends of The Barlow, and generous donations from local benefactors and the Folk Club. In 2024, many volunteer5
have worked on the renovation of some of the smaller rooms.
Wlndows and Doors
The orl8lnal project has been completed but a second project is still needed as there are stlll approximately 58 windows that
need replacln8, plus J plan Is needed for the large leaded wlndows on the back landin8.
Woodland5
The Work on the restoratton of Barlow Woods continues on an almost daily basls thanks to the trem8)dous efforts of a small
but dedlcated band of volunteers, includin8 the local resident who had uryed us some years ago to s(Yt out the ne8lected and
overgrown state of the Woods and brln8 the area back to It5 former 8lory.
As reported last year, the volunteers and contractors had completed various work5 to Improve the Woods area, by clearlng
over8rown ve8etation and dead and dlseased trees, plantfng new trees, Improving the footpaths, and provldlng new facilides
including picnic tables, nestln8 boxes, bu8 hotels and activity areas for chlldren.
They had also developed the former boating lake area Into the "William Kingsley Wetland" complete with new pond5, a pond
dlpplng deck. two new footbridge5, and a new footpath
all done wlth sUPPOrt and advlce from Bolton Conservation
Volunteers.
Unfortunately, recent Winter storms and Ash Die Back continue to cause devastation to some ofthetrees.
Looking ahead. there Is stlll much work to be done to maintain and mana8e the facllitie5 that have been provided and keep
the Woods in good order.
We have recently been awarded a National Lottery Community Fund Grant of £20.000 and are looking to develop a Woodland
Walk and further activity areas, We will be uslng some of the funds to host Forest School Learning Activities, startTn8 In
autumn, for local children and vulnerable adult5.

THE BARLOW INSTITUTE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal ￿VIeW
At the end of 2024. the charlty had total reserves of £647,035, of whlch E641,654 were unrestrlcted and £5,381 were
restricted12023 £710,480>. The Charity reported a deficit of £63,445 for the year after char8ln8 depreciatlon of £46,520.
12023 - deficit £119,650 after depreclation of £49,881).
The trustees have a duty to carefully manage the assets of the Charity, in partlcular to malntaln the Barlow Est*e so that It can
continue to be used for its charitable purposes lon£ into the future.
The 8arlow has Ilke everyone else been Impacted by the well documented Cost of Livin8 cr1515 whlch has affected many costs,
notably the price of food and ener8y and we have also been Impacted by wage rises, so we have to reK4ew prices on an
ongoing basls to ensure that The Charlty can continue well into the future.
In the year to 31 December 2024, the charlty completed further improvement works, and In particul¥, has refurblshed rnany
of the smaller rooms in the buildin8 to rent out, to generate further income, Negotiations condnue regardin8 lease5 Wlth the
Cricket Club and Bowling Club.
Although cash reserves have been somewhat depleted, the buildlng and estate are in a far better condition than they have
been for many years.
It Is thanks to the very generous donattons that we hwe been able to improve The Barlow in recent years and we are thankful
for your on8olng support. We are always keen to encourage new member5 to join the 'Frlends of the Barlow" so that we can
continue to make improvements.
The trustees have a duty to Sdentify and rnanage the risks to whlch the char5ty is exposed, flnanclal and othenvise and to
ensure that approprlate controls are In place to ensure reasonable assurance a8alnst fraud.
The trustees have assessed the major financlal rlsks to which the charlty Is exposed and are satisfied that systems are In place
to mltl8ate exposure to major rlsks as far as possible.
Volunteers and staff are given approprlate training and the trustees regularly dlscuss the rlsk5 faced and how to mana8e these,
takln8 actlon where necessary.
Reserves policy
Itls the pollcy of the charlty that unrestricted f unds which have not been deslgnated for a speclflc use should be rnaintsined at
a level equlvalent to between three and six month's net expenditure. The trustees consider that reserves at thls level wlll
ensure that, in the event of a significant drop in funding. they wlll be able to contlnue the charlty'5 current actlvltle5 while
conslderation Is 8lven to ways in which addltlonal funds may be ralsed. This level of rese￿eS has not been able to be
malntained throughout the year. However, the trustees are actively seeklng to increase the level of cash reserve5.

THE BARLOW INSTITUTE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structuwe• governance and man•8ement
Governln8 document
The Charity is controlled by Its governing documenr, a Deed of Trust and conveyance dated 19 July 2026. amended by
scheme dated 27 September 2000 and constitutes an unlncorporated charity
A5 the charlty15 unlncorporated, North Turton Parish Councll acts as Custodian Trustee.
Recrultment and appolntment of new trustees
The trustees are appointed as follows:
2 elected at the AGM
4 nominated by North Turton Parish Councll
4 nomlnated by the Barlow User Groups
2 co-opted by the Trustees
The Board can also Co-opt up to two further trustees If the 8 nominated positlons are not all filled. We have 2 Indlvlduals who
are looklng to be appolnted as new trustee5.
Illsk Manaiement
The trustees have a duty to Identify and mana8e the rlsks to which the charity Is exposed. financial and otherwlse and to
ensure approprlate controls are In place to provide reasonable assurance against fraud.
Volunteers and staff are 8lven the training they need.
The trustees re8ularly dlscuss the rSsks faced and how to manage the rlsks at trustees, meetlngs, taking acyon where
necessary.
The trustees who served durln8 the year and up to the date of signature of the flnanclal statements were:
Mr John Marrlott
Mr T Philip McDermott
Mr Michael W Fay
Mr B Guy Haynes
Mr A Kerry Holt
Mr Philip Grundy
Mrs Rhian Drlver
Mrs Jennlfer Coleman
Mr Nlcolas Kernlck
Mr Stephen Rothwell
Mr Paul Allen
(Resigned 2 March 20251
(Resigned 23 March 20251
IResi8ned 19 February 20251
(Appointed 18 May 20241
(Appointed 18 May 20241
IAppointed 26 Ma￿h 20251
(Resigned 23 March 20251
Recruitment ond oppointment of trustees
Organisotionol structure
The charity is governed by Its trustees who are unpaid and are supported by a number of volunteers. The charity employs staff
to operate the Readlng Room Cafe and Wine bar and certain function5.
The trustees consider that they carry out adequate training to ensure they can carry out their duties responsiblv.

THE BARLOW INSTITUTE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Inductlon ond trolning of trustee5
The trustees consider that they carry out adequate tr4inin8 to ensure they can carry out thelr duties responsiblv.
The trustees, report was approved by the Board of Trustees.
Mr John Marrlott
Trust
Mr Phllip Grundy
Trustee
7 May 2025

THE BARLOW INSTITUTE
INDEPENDENT EXAMINER'S REPORT
TOTHE TRUSTEES OF THE BARLOW INSTITUTE
I report to the tru5tee5 on my examination of the financial statements of The Barlow Institute It￿ charity} for the year ended
31 December 2024,
R¢sponslbllltles and basls of report
As the trustees of the charity you are responsible for the preparation of the flnancial statements In accordance wlth the
requirements of the Charlties Act 2011 (the 2011 Act).
I report in respect of my examination of the charlty's financial statements carried out under sectbn 14S of the Charities Act
2011. In carrylng out my examination I have followed the Dlrectlons 8lven by the Charity Comm15slon under sectlon 14515llbl
of the Charities Act 2011.
Independ•nt oxamlner's statement
Since the charity's gross Income e￿eeded £250,000 your examlner must be a member of a body Ilsted In section 145 of the
2011 Act. I confirm that l am qualified to undertake the examlnatlon because l am è member of ICAEW, which is one of the
Ilsted bodies.
Vour attention is drawn to the fart that the charlty has prepared financia5 statements In accordance wlth Accounting and
Reportln8 by Charities preparlng thelr accounts in accordance with the Flnancial Reportfng Standard appllcable In the UK and
Republic of Ireland IFRS 1021 in preference to the Accountln8 and Reporttng by Charltles,. Statement of Recommended Practice
555ued on l April 2005 which is referred to in the extant regulations but has now been wlthdrawn.
l understsnd that thls has been done in order for financial statements to provide a true and falr vlew In accordance wlth
Generally Accepted Accountln8 Practice effective for reportin8 periods beglnnlng on or after l January 2015.
I have completed my examlnatlon. I confirm that no matters have come to my attention in connectlon with the examinatlon
8ivin8 rne cause to believe that in any material respect.,
accoundn8 records were not kept In respect of the charity a5 required by sectlon 130 of the Charltbes Att 2011.
the linancial statements do not accord with those records; or
the financlal sratements do not comply with the appllcable requirements concernlng the form and content of flnancial
ststements set out in the Charities (Accounts and Reports) Regulatlons 2008 other than any requlrema)t that the
financial statement5 8lve a true and fair vlew, which is not a matter consldered as part of an independent examinatlon.
I have no concerns and have come across no other matters In connection with the examination to whlch attent(on should be
drawn in thls report In order to enable a proper understandln8 of the financlal statements to be rexhed.
Clare Jady FCA
Hulljady
418rldgeman Terrace
Wl8an
Lancashire
WNII
United Kingdom
7 May 2025

THE BARLOW INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Totsl
Unrestrlrted
funds
2023
Restrfrted
funds
2023
Total
2024
2023
Notes
In¢ome from:
Donations and le8acies
Charltable activities
Other tradin8 activltles
Investments
9,295
10,523
269,111
943
13,635
22,930
10,523
269,111
943
16,423
13,549
233,745
351
25,000
41.423
13.549
233,745
351
Total In¢ome
289,872
13,635
303,507
264,068
25,000
289,068
Expendlture on:
Raisin8 funds
Charltable actlvittes
242,461
104,321
242,461
124,491
252,750
113,713
252,750
155,968
20,170
42,255
Total expendlture
346,782
20,170
366,952
366.463
42,255
408,718
Net empendlture and mo¥ement
In funds
156,9101
16,5351
163,4451
1102,3951
117,255)
1119,6501
RKon¢lllatlon of funds:
Fund balances at l January 2024
698,564
11,916
710,480
800,959
29.171
830,130
Fund bal?n¢es at 31 December
2024
641,654
5,381
647,035
698,564
11,916
710,480
The statement of financial activities Includes all gains and losses recognlsed In the year, All Irrome and expendlture derive
from continuing actlvlttes.

THE BARLOW INSTITUTE
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Nfftes
Hxed assets
Tangible assets
16
670,186
707,622
Current assets
Stocks
Dèbtors
Cash at bank and in hand
4.668
2,868
26.552
4.949
17,251
47,563
19
34,088
157,2391
69,763
166,905)
Credltors: amounts 1o111Thg due wlthln one year
20
Net current (Ilabllltles)lassets
123.151)
2,858
Total Jsset5 less current Ilabllltle5
647,035
710,480
Total net assets
647,035
710,480
The funds of the ¢harlty
Restricted Income funds
Unrestricted funds
22
5,381
641,654
11,916
698,564
647,035
710,480
The flnantial statements were èppn)ved by the trustees on 7 May 2025
Mr John Marrlott
Trustee
Mr Phlllp Grundy
Trustee

THE BARLOW INSTITUTE
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Acwuntlng poll¢les
Charlty Informatlon
The 8arlow Institute is an unincorporated charity registered with the Charity Commisslon and govemed by a
conveyance dated 19 July 1926 and amended by a scheme dated 27 September 2000.
1.1 Accountlng conventlon
The ftnanclal statements have been prepared In accordance wlth the charity's governlng document, the Charitles Art
2011 and "Accountlng and ReportSn8 by Charities., Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wlth the Financial ReportSn8 Standard appllcable in the UK and Republlc of
Ireland IFRS 1021 leffettive l January 20191" The charity is a Publlc Benefit Entity as defined by FRS 102.
The charlty has taken advantage of the provlslons In the SORP for charlttes applylng FRS 102 Update 8ulleJn I not to
prepère a Statement of Cash Flow5,
The flnanclal statements have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent
required to provlde a true and falr vlew. This departure has involved following the Statement of Re(ommended Practlce
for charities applyin8 FRS 102 rather than the version of the Statement of Recommended Pracdce whith Is referred to In
the Re8ulations but whlch ha5 since been wlthdrawn.
The flnanclal statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The flnancial statements have been prepared under the historical cost convention, (modlfled to indude the revaluatTon
of freehold properties and to include Investment properties and certaln financial instruments at fair valuel. The prlnclpal
accounting pollcles adopted are set out below.
1.2 Goln8 concern
At the time of approvin8 the flnancial statements, the trustees have a reasonable expectation that the charlty has
adequate resources to continue In operatlonal existence for the foreseeable future. Thus the trustees conynue to adopt
the golng concern basis of accountlng in preparln8 the linancial statements.
1.3 Charltable funds
Unrestricted funds are avallable for use at the discretion of the trustees in furtherance of thelr charltable oblectives.
Restricted funds are Subject to speclfic conditlons by donors as to how they may be used. The purpJ5es and uses of the
restricted funds are set out in the note5 to the financlal Statements.
Where donations and grants are received Specifically to purchase flxed assets. where those flxed assets are not
themselves restricted, a transfer between restrlcted and Un￿strICted funds is made In the statement of financlal
activities.
Endowment funds are subject to speciflc conditions bv donor5 that the capitsl must be rnaintalned by the charlty.
IA Income
Income 15 recognised when the charlty is legally entltled to it after any performance condStions hwe been met, the
amounts can be measured rellably. and it Is probable that income wi11 be recelved.
Cash donattons are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation, Lrnless performance conditions require deferral of the arnount. Income tax recoverable In relation to
donation5 received under Gift Aid or deeds of covenant is recogni5ed at the time of the donadon.
10-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcle5
(Contlnued)
Legaties are recognlsed on recelpt or otherwise if the charity ha5 been notlfied of an impending dlstribution. the
amount is known, and receipt is expected. If the amount is not known, the le8acy 15 treated as a contingent asset.
1.5 Expendltu
Expendlture is recognised on an aecruals basis, when the charity is legally obli8ed to make It. ttE amounts can be
measured rellably and it is probable that the expendlture will be incurred.
1.6 Tanglble flxed assets
Tangible flxed assets are Inltlally measured at cost and subsequently measured at cost or valuatlon, net of depreclatlon
and any impairment losses.
Depreciation is recognised $0 as ro wrlte off the cost or valuatlon of assets less their resldual value5 over their useful
Ilves on the followlng bases,,
Crlcket and BowlSng Pavlllons
Cricket equipment
Flxrures and fltttngs
Play8round
Multf-use games are3
Veranda
2% cost and 25% reducln8 balance basls
20% on cost
25% on cost
6.67% on cost
5% on cost
6.67% on cost
The Baln or loss arSsln8 on the disposal of an asset Is determined as the difference between the sale proceeds and the
carrying value of the asset, and 15 reco8nised in the statement of financial acdvldes.
1.7 ImpJlrmeftt of flxed assets
At each reportin8 end date, the charity reviews the carrylng amounts of its tangible assets to determlne whether there
15 any indication that those assets have suffered an Impalrment loss, If any such Indlcatyon exlsts, the recoverable
amount of the asset is estlmated In order to determlne the extent of the impairment loss Ilf any).
1,8 Stocks
Stocks are stated at the lower of cost and estimated 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 brlngSng the stocks
to their present location and conditlon. Item5 held for distribution at no or nomlnal consideratlon are measured the
lower of replacement cost and cost.
Net reallsable value is the estimated selllng prlce less all estimated costs of completlon and costs to be Incurred Sn
marketing, selling and distributlon,
1.9 Cash and cash equlvalents
Cash and cash equivalents Include cash in hand, deposlts held at call with banks, other 5hort-term Ilquld Investments
with ori8inal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowin8s In
current liabilities.
11

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢countln8 pollcles
(Contlnued)
1.10 Flnanclal Instruments
The charity ha5 elected to apply the provislons of Section 1,1 'Basic Flnanclal Instruments. and Sectlon 12 '0ther
Financial Instrument$15sues' of FRS 102 to all of its flnanclal Instruments.
Flnanclal Instruments are reco8nlsed In the charity'5 balance sheet when the charity becomes party to the contrartual
prov151ons of the instrument.
Flnanclal a55ets and liabllldes are offset, with the net amounts presented in the flnanclal statements, when there Is a
legally enforceable ri8ht to set off the reco8nised amounts and there is an intention to settle on a net basls or to realise
the a55et and settle the liabllity slmultaneously.
8uskflnanclal a55ets
Basic financial assets, which Include debtors and cash and bank balances, are Init1311y measured * transaction price
Includlng transactlon costs and are 5ub5equently carrled at amortised cost usin8 the effectSve Snterest method unless
the arr3n8ement constitutes a frnancing transacdon, where the transaction is measured at the presert value of the
future receipts dlscounted at a market rate of interest. Flnanclal assets classlfled as receivable ￿thIn one year are not
amorttsed.
Bosl¢flnan¢lol Ilabllltles
Baslc financial liabilities, including credltors and bank loans are Initlally reco8nlsed at transartlon price unless the
arran8ement constitutes a flnancing transaction, where the debt instrument is measured at the presert value of the
future payments discounted at a market rate of interest. Flnanclal liabilities classified as payable wlthln one year are not
amortised.
Debt instruments are subsequently carried at amortised cost, usin8 the effective Interest rate method.
Trade creditors are obligations to pay for goods or services that have been acqulred In the ordinary course of operations
from Suppliers. Amounts payable are classlfied as current liabilities if payment Is due wlthin one year or less. If not, they
are presented a5 non-current liabilities. Trade credltors are recogn15eé Inltially at transactlon prfce and subsequently
measured at amordsed cost U5in8 the effecyve interest method.
Dere(0gnltton offina￿l01 Ilabllltles
Flnancial Ilabllltles are dereco8nised when the charltvs contractual obligatTons expire or are dSschar8ed or cancelled.
1.11 Employee benefits
The cost of any unused hollday entitlement is recognlsed in the period in which the employee'5 Services a￿ recelved.
Termination benellts are recognised immediately as an expense when the charlty 15 demonstrably comrnltted to
terminate the employment of an employee orto provide termination benefits.
1.12 Retlrement beneffts
Payments to defined contributlon reiirement beneflt schemes are charged as an expense as they fall due.
12

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Crltlcal accounttn8 estlmates and JUd￿MentS
In the application of the charity's accounting policies, the trustees are required to make Jud8ements. estlmates and
assumptions about the carrying amount of a55et5 and liabilities that are not readily apparent from other sources. The
estlmates and associated assumptions are based on historical experience and other factors that are consldered to be
relevant. Actual results may differ from these e5tEmates.
The esttmates and underlying assumptions are revlewed on an ongoing basis. Revlslons to accountin8 estimates are
recognised in the period In whlch the estimate is revised where the revision affects only that perl(Kl. or In the perlod of
the revision and future periods where the revSsion affects both current and future perlods,
Donatlons and leB•¢le$
Unrestrlcted
funds
Restrlcted
funds
Total Unrestricted
funds
Restrlcted
funds
Total
2024
2024
2024
2023
2023
2023
Donatlons and 81ft5
9.295
13,635
22,930
16,423
25,000
41,423
In¢ome Irom ¢h•rltsble a¢tlvltle$
Charlt•ble
artlvftles
2024
Charlt•ble
actlvltles
2023
flentsl Income and room hlre
FundralsSng events and tlcketS
6,855
3,668
8,331
5,218
10,523
13,549
Analysls by fund
Unrestricted funds
10,523
13,549
13-

THE BARLOW INsfiTUTE
NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Incorne from other tradlng activitles
Unrestrlcted
funds
2024
Unrestrlcted
funds
2023
The readlng room coffee shop and bar
269,111
233,745
Income from Investments
Unrestrlrted
funds
2024
Unrestrfcted
funds
2023
Interest receivable
943
351
Ralslni funds
Unrnstrlrted Unrestricted
funds
funds
2024
2023
Costs of fundraising and dcketed events
5,406
6,906
Tr
Coffee shop and event purchases
Bar purchases
Staff costs
58,618
22,985
155,452
63,850
13,211
168,783
Trading costs
237,055
245,844
242,461
252.750
14-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendlture on charltable actlvltles
Charftable
expendlture
2024
Charlt•ble
expendlture
2023
Dlre¢t ￿$ts
Depreclatlon and impairment
Charitable Expendlture
46,520
24,391
49.881
44.684
70,911
94,565
Grant fundln8 of actlvltles (see note 101
190
Share of support and governance cost$ (see note 111
Support
Govemance
49,123
4.457
57,154
4,059
124,491
155,968
Anatygls by fund
Unrestrlcted funds
Restrlcted funds
104,321
20,170
113,713
42,255
124.491
155,968
Destrlptlon of ¢harltable artlvltles
Charitable expenditure includes all costs associated wlth the upkeep of the Barlow Estate and the non-tradlng costs
associated with the charitable purposes of the Charity, includln8 expenditure on repalrs to the fabrfc of the Barlow
Building and surrounds.
io
Grants payable
2023
loo
Small donations made by the Charity
15-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Support costs
Support CQSts Governance
sts
20Z4 Support COSts
Governance
costs
2023
Bank charges
Rates and water
Insurance
Llght and heat
Telephone
P05ta8e and 5t3tionery
Advertlsln8
Sundry office costs
Cleanln8 and maintenance
4,779
2,456
2,856
17.839
1,260
iii
4.779
2,456
2,856
17,839
1,260
iii
880
2,528
16,414
4,310
458
5,959
23,847
1,260
231
960
1,978
18.151
4,310
458
5,959
23,847
1,260
231
960
1,978
18,151
880
2,528
16,414
Accountancv
4,457
4,457
4,059
4,059
49,123
4,457
53,580
57,154
4,059
61,213
Analysed between
Charitable acfjvlfjes
49,123
4,457
53,580
57,154
4,059
61,213
12
movement In funds
2024
2023
The net movement in funds is stated after charglng/lcreditingl',
Depreciation of owned tangible flxed asset5
46,520
49,881
13 Trustees
None of the trustees lor any persons connected with them) received any remuneratlon or benefits from the charltv
durln8 the year.
14 Employees
The average monthly number of employees during the year was:
Z024
Number
2023
Number
Bar and coffee shop staff
Cleaner
18
23
Total
19
24
16-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14
Employees
{Contlnuedl
Employment costs
2024
2023
Wages and salaries
Other penslon costs
152,969
2,483
166,591
2,192
155.452
168,783
There were no employees whose annual remuneration was more than £60,OIX).
Taxatlon
The charity Is exempt from taxation on its actlvlties because all its income is applled for charitable purposes.
17-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17
Herltage assets
At l January 2024 and at 31 December 20Z4
The charity was set up to manage and maintain land and property whlch had been 8lfted by the Barlow famlly to the
custodlan trustee, North Turton Parish Council, whlch holés formal tltle to the estate on behalf of the charlty. The
trustee5 consider the land and property to be a Herltage Asset because it has speclfic historlcal and environmental
qualities and 15 held and maintalned for its contrlbution to the cultural life of local people. The Heritage Asset derlves
from permanently endowed assets of the Charlty.
18 Stocks
2024
2023
Raw materla.s and consumables
4,668
4,949
19 Debtors
2024
2023
Amounts falllni due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
1,857
750
261
2,844
14,407
2,868
17,251
20 Credltors: amounts falllng due wlthln one year
2024
2023
Other taxadon and Social security
Trade creditors
Other creditors
Accruals and deferred Income
17.423
26.923
S67
12,326
12,111
27,265
12,279
15,250
57.239
66,905
21
Retlrement benefft schemes
20Z4
2023
Defined Contrlbutlon schemes
Charge to profit or loss in respect of deflned contributlon schemes
2,483
2.192
19-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21
Retlrement benellt Schemes
(Contlnued)
The charity operates a defined contribution penslon scheme for all qualifyin8 employees. The assets of the scheme are
held Separately from those of the charlty in an independently administered fund.
22
Restrlrted funds
The restricted funds of the charity comprise the unexpended balantes of donatlons and grant5 held on trust subject to
5peclfic condltlons by donors as to how they may be used.
At l January
2024
Incornlng
resources
Resou￿¢￿ At 31 Decern￿r
expended
2024
Sponsor a Chair
Ed8WOrth CRC
The Robert5 FamilylAO
Prlvate Donor5
1,360
2,125
10.000
150
(1,3601
12,1251
iio,0001
{6,6851
11,916
5,381
11,916
13,635
120,1701
5,381
Prevlous year:
At l J•nuary
2013
In¢omln8
resources
Resources At 31 De¢ember
expended
2023
The Roberts Famlly/AO
Semble Network
Edgworth Horticultural Society
Scouts, Cubs, Beavers
Private Donors
Folk at The Barlow Folk Club
15,000
11S.fXIOI
13151
16641
15001
(22,0841
{3,6921
315
664
500
24,000
3,692
iO,OLN)
11,916
29,171
25,000
{42.2551
11,916
Restricted funds relate to the following:
In 2024, donation5 received from prlvate donors in 2023 were spent on repairs to the Barlow buildlng.
In 2024, various donors 8ave a total of £1.360 which contributed to new chalrs for the Hall.
In 2024, the Roberts Family/AO donated £10,000 for the Edgworth Cricket and Recreational Club whlch has been passed
on to them.
In 2024, private donors donated £150 for the cooker hood.
-20-

THE BARLOW INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23
Unrestrlrted funds
The unrestrlcted funds of the charlty comprise the unexpended balances of donations and grants whlch are not subject
to specific conditions by donor5 and grantors as to how they may be used. These Include deslgnated funds which have
been set aslde out of unrestricted funds by the trustees for speclfic purposes.
At l January
2014
Incomlng
resouwces
Resources At 31 December
expènded
2024
General funds
698,564
289,872
1346,7821
641,654
Prnvlous year:
At l January
2023
Incomln8
resources
Resources At 31 DKember
expended
2023
General funds
800,959
264,068
1366,463)
698,564
24 Anaty51s of net issets bètween funds
Unrestrl¢ted
funds
2024
Restrlrted
fund•
Z024
Total
2024
At JI December 2024:
Tanglble assets
Current assets/(liabilitiesl
670,186
128,5321
670,186
123,1511
5,381
641,654
S,381
647,035
Unrestrlcted
funds
2023
Restrlrted
funds
2023
Total
2023
At 31 December 2023:
Tangible assets
Current assets/lliabilitiesl
707,622
19,0581
707,622
2,858
11,916
698,564
11.916
710,480
21