Charity registration number $21333 (England and Walesl THE BARLOW INSTITUTE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE BARLOW INSTITUTE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrj Marriott Mrsj Coleman Mr S Rothwell C Gaughan Mr P Metcalfe Mr S Ellis (Appointed 26 March 20251 (Appointed 20 March 20251 (Appointed 28 May 20251 (Appointed 28 May 20251 (Appointed 28 May 20251 Miss L Bradv Charity re81Strztion England and Wales 521333 Prln¢lpal address The Barlow Bolton Road Turton Bolton Greater Manchester England BL7 OAP Indtptndtnt exam5ntr Mitchell Charle5WOrth 3rd Floor 44 Peter Street Manchester M2 SGP
THE BARLOW INSTITUTE CONTENTS Trustees. report Independent examiner's report Statement of flnancial activities Balance Sheet io Statement of cash tlows li Notes to thè linancial statements 12.24
THE BARLOW INSTITUTE TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their annual rep)rt and financial ststements for thÈ ar ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to the fin3ncial statements and comply with the charity's governing document. the Charities Art 2011, FRS 102 "The Fiiancial Reporting Standard applic3ble in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reportwig by Charities.. Statement of Recommended Practiee applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021" Obledves and a¢dvltles The Charity's object 15. in the interests of social welfare. to improve the condition5 of life for the inhabitants of the Parish of North Turton, without distinction of political. religious or other opinion. by the provision and maintenance of.. a villa8e hall for use by the Inhabitants, Includin8 use for.. i. Meen8$. lectures and classes.. and ii. other forrns of recreation and leisur*time occupation: and b. a recreatlon ground for use by the Inhabltants. In line with the objects ol the Charity. The Barlow continues to provide a centre for the benefit of the local ctsmrnunity. It is used extensively by the residents of the village of Ed8WOrth and the surroundin8 area within the Parish of North Turton and continues to attract many vi51tors from outside the immediate area of benelit. The Trustees have paid due reKdrd to the Charity Commission's guidance on public benefit when deciding what activits'es the Charity should undertake. There were no major Health and Safety issues during 2025 to report. The volunteer-managed Library continues to operate successfully on Saturday mornings and remain5 a valued community facility. It is well supported by the Reading Room Café and Bar. which offers refreshments, free Wi-Fi and takeaway facilities. The Café continues to provide a welcoming environment for residents. walkers and visitors and remains dog friendly. The varSous rooms within The Barlow continue io be used extensively by a wide range of community U@anlsafjons and acfjvltv Bfoup5, includin8 art5 and crafts, 5in8in& reading groups, Pilates, yo8a. seated exercise cla55e5, toddler Bfoup5, bridBe and other recreational activities. During 202S the refurbishment of the smaller rooms within the buildin8 was completed. All four rocxns are now occupied bv local businesses and organisation5, providing the Charity with a sustainable additional income stream. At the date of this report these letbngs are expected to generate approximately £18,9(K) of annual rental income, Stngthening the Charity's long-term financial sustsinability and ensurin£ that the building continues to serve the community whilst contributing towards its ongoing maintenance. The Barlow continues to be home to the Horticuhuol Society. Edgworth Women's Institute. the Folk Club and the popular village pantomirne, together with the various uniformed organisations serving the younger members of our comrnunitv. The hall continues to host weddings. children's parknes. live music events and numerous private community functions throughout the year. Previous investment in the hall. including the new sound system, lighting and replacement se3tin continues to receive positive feedback from users and has enabled the Charity to expand the range of events held throughout the year.
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The Barlow continues to organise regular craft fairs. seasonal events and community fundraising athvities. The Saturday morning greengrocery and plant stall continues to be operated by The Barlow staff following the tirement of the previous volunteers and MaInS well supported by local ldernts. The Charity once again 5ucce5sfully organi5ed the Three Legged Race and a150 hosted the Edgworth IOK. During the year planning commenced for an expanded Family Fun Day. with the aim of bringing together local familie5 whilst raising lund5 to 5UPPOrt activities for children and young people acr05S the Parish of North Turton. The Barlow Estate continues to comprise the Recreation Ground, BowlinR Green, Park arbd Wwdlands, all of which provide valuable recreational, spotYnR and environmentsl facilities fcK ihe local community. The Recreatlon Ground rernains home to Ed8WOrth Cricket and Recrea0 Club IECRCI, which ctsntlnue5to promote 5POrt and recreation by providinB coachin8. competitive 5POrt and recreational opportunities for adult5 and youn8 people alike. During the year the Charity was delighted to receive substantial financial support from the Jolly Foundation, enabling one of the most SlEnilicant capital investment projects undertaken at the Recreation Ground for manv vears. The funding has supported the refurbishment and modernisation of the ECRC facilitres tO8ether with signilicant improjements to the surroundin8 8rounds. Works commenced during late 2025 and the enhanced facilitr.es officially opened during 2026. The Trustees are extremely grateful to the Jolly Foundation lor its continued 8enerosity and commitment to suppottin8 community sport and recreation within North Turton. The investment will provide lon*lasiin8 bertelits to the Cricket Club, its members and the wider community lor many years to come. The 8owling Green continue5 to be home to Edgworth Bowling Club. which has approxirnately 90 members competing in a number ol local leagues. The Club contiThue5 to provide coachin8 for adults and local school children and remains committed to making the sport accessible through the provision of specialist equipment enablin8 participation by people with disabilities. The Charlty conttnues to recognlse and appreciate the dedlcafjon of the grounds teams Irom both Edgworth Crlcket and Re£aOn Club and Ed8WOrth Bowling Club, whose commitment ensures that ihe spoffjn8 facilities COrnSnue to be maintained to an exCeponallY high standard. The 8arlow building remains a credit to its volunteers. Despite now being well over one hundred years old, it continues to provide clean, welcoming and well-maiThtained facilities lor the benefit ol the community. The contribution made by volunteers in maintaining both the building and the wider estste remains fundamentsl to the Charity's svccess. The stewardshlp of the Charity continues to rest with the Board of Trustees, all of whom continue to provlde their servlces entirely on a voluntary basis. The Board remain5 committed to transparency and continue5 to welcome expressions of interest from members of the community W15hing to become involved in the governance of the Charity. Trustee meetings remain open to the public where appropriate. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in decidingwhat activities the charity Should undertake.
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Volunreers The contribution made by volunteers to the runnin& maintenance and development of The Barlow continues to be immeasurable. Their commitment, enthusiasm and willingness to give their time freely has enabled the Charity to continue improving its facilities whilst maintaining a vibrant programme of activities for the local community. Volunteers continue to assist in many aspects of the Charity's woik, including administration, maintenance. decorating. 8ardenin8, fundraisin& event management. the Library. the Reading Room and the ongoing development of Barlow Woods. Their contribution not only reduces co$ but also strengthens the sense of tommunity ownership that has always been central to The Barlow. The Tru5tee5 remain extremely grateful to every volunteer. whether they contribute a lew hour5 each month or many hour5 each week. and acknowledge that their continued support is essenbal to the future success of the Charity. The Trustees themselves also continue io provide ihelr time and expertise entifety on a voluntary basls In overseeln8 the 8overnance and strate8ic direction of the Charity. Achl•vements and performance signifi.cont ucDviries ond ochievemenis ogoinsr objecipves The 8arlow ConnueS to be open daily for the benefit of community groups, spOn£ OrganisaOn$. prlvate users and visitors. The ReadinB Room Café and Bar continue5 to provide employment within the local community whilst 31so offering welcorning social environment for residents and visitors alike. Work has continued on improviTh8 the Charity's digital presence and website. ensuring that informatrjn re8ardin8 the facilities, activities and event5 available at The Barlow is MO adI1¥ accessible to existin8 users and those wishing to become involved with the Charity. Edgworth Cricket ond Recreotion Club During the year, the Trustees successfully completed negotiations for a new long-term lease with Edsworth Cricket and Re(ation Club. The new lease prowdes greater certainty for both orRanisations and establishes 3 clear framework for the continued management, maintenance and development of the recreation 8round for the benefit of the local community. The Charity wa5 also delighted to seture substantial capital funding from the Jolly Foundation tts support a major programme of improvements to the Cricket Club'5 la£ilities. Work5 comrnenced during late 2025 and represent one of the most signifi'cant inve5tment5 made in the Recreakn'on Ground for many years. The project will deliver rnodern, high-quality facilities that will benefi't club members. local residents. Schools and community group5. while supporting increased participation in sport and recreation across North Turton. Edgworth Bowling Club The Trustees a150 completed a new long-terrn lease with Edgworth Bowling Club during the year. proMdin8 a stable foundation for the continued operation and development ol the Club. The Bowling Club continues to make a valuable contribution to community life by providing opporturities for competitive sport, social engagement and coaching for both adults and young people. The Trustees value the strore partnership with the Club and recognise the commitment of its members and volunteers in maintsining ihe bowling green to an exceptionally high standard.
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Mulb-use GomesAreno {MUGAJ The Multi-use Garnes Arena IMUGAI, opened in July 2021. continue5 to be one of the Charity'5 m05t gJc£e55ful community assets and rernains heavily utilised throughout the year by people of all age5. Regular activitie5 include hockey, veterans, football. junior football. cricket trainin& bowling activitie5 and informal recreational use by members of the local community. The MUGA continues to be leased to Ed8worth Cricket and Recreation Club under a fully repairing lease. The facility was originally made possible through the generosity of the Roberts family and continues to provide an important sporting facility for the Parish. Ployground The playground, which also opened during 2021. continue5 to be an extremely popular facility with children and familie5 from both the local area and further afield. It remains unusual to visit the site without seeing children enjoying the equipment throughout the day. 8orlow Insriture Building The Barlow Instttute COnnUtS to benefit from significant invesiment by both the Charity and its dedlcated volunteers. The buildin8 rernains safe. secure and weatherproof whilst continuing to offer a high-quality venue for community activities, private function5 and local organisation5. The refurbishment pro8ramme for the lour smaller rooms within the building was completed durin8 the year and represents an important milestone in the Charity's strategy to improve irs lon8-term linancial sustainabiliiy. All four rooms have now been successfully let to local businesses and or8anisanons and are expected to generaie approximately £18,900 of annual rental income. The Tru5tee5 believe this project represents an excellent example of balancing in¥estment in tommunity facilitie5 Wlth the creation of 5U5t3inable recurring income that will support the maintenance and luture development of the CharitV'5 estate. The improvements previously made to the hall. includine the sound and li8hDn8 Systems and replacttnent seating, continue to enhance the experience of users and support 3 8rowin8 pro8ramme of community and privaie events. Wlndows and Doors The original replacement programme for the windows and doors has now been substantially completed and has significantly improved both the appearance and erner efficiency ol the building. However. further work remain5 to be undertaken. The Trustees recognise that approximately fifty-eight window5 still require replacement together with the loTh*term restoration of the large leaded windows situated on the rear landing. These projects remain part of the Charity's future capital investment programme and will be progressed as funding allows.
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Woodlonds The restoration and development of Barlow Woods continues to be one of the Charity's most arnbitiou5 and rewarding projects. The Trustees remain indebted to the dedicated group of volunteers who continue to devote countless hours to restoring and maintaining this important community asset. Their commitment has transformed previously neglected wdIand into an attractive environment supporknng recreation. education and biodiversity. The slgnlficant work undertaken in previous years has continued with on8oin8 maintenance of woodland paths, habiiat management. tree planting and the upkeep of the William Kingsley Wetland together with its ponds, fltbrIdge$, dipping platform and educaOnal facilie$. Unfortunately, severe winter weather together with the continuing effects of Ash Dieback disease have continued to present challenges. requirin8 further tree mana8ement and woThJland rna1ntenan throughout the year. Following the year end, the Charlty awarded a National Lottery Community Fund Grant of £20,CQ) to support the next phase of woodland development. The Trustees are particularly grateful for the work led by Trustee Paul Allen. who has worked closely with Bolton Council to facilitate woodland rnanagernent and conservation training for volunteers. This partnership ha5 provided valuable learning opportunities and supports the Charity's long-term commitment to the sustainable management of Barlow Woods. The Trustees also wish to recognise the dedicarion of the Woodland Volunteer Team, who work along9de conservation specialists and other volunteers to maintain and enhance this important community asset. Their commitment, knowled8e and countless hours of practical work have helped create an outsianding recreational. environmental and educafjonal resource that is enjoyed by residents, schools and visitors throughout the year. The woodland h3s a150 developed into an increa5in8ly valuable educational resource. During the year. several outdoor learning event5 were successfully hosted involving local school children. introducin8 young people to woodland con5erv3ti0n, biodiversity and the natural environment. The Trustees hope io build upon This success by expanding opporiunities for Forest School learning, environmentsl education and activiiies tswlnerable adults and community groups. LookSng ahead, conslderable work remains to maintain and further improve Badow Woods. The Trustees remain committed to developin8 the woodland as an important environmental. recreational and educaiional asset for the benefit of future generations.
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Flnanclal revlew The year to 31 December 2025 shows a dethcit on unrestricted funds of £49.577 compared to the previous year deficit of £56,909. The position on the restricted funds in the year to 31 December 202S shows a surplus of £S54.146 compared to deficit in the previous year of £6,535. The statement of financial athvities is detailed on page 9 of the financial statements. The Trustees continue to recogni5e their responsibility to 5afe8uard the Charity'5 assets whi15t ensuring that The Barlow Estate remains available for public benefit long into the future. Like many charitsble organisations. The Barlow has continued to experience increased gperattng costs arising from infl3ti0n. rising utility prices, wage increases and Eeneral economic pressures. The Trustees continue to VIeW income streams and operatin8 Costs carefully to ensure the Charity remains financially sustsinable. The Trustees remain extremely grateful to all donors. grant.making bodies. volunteers and supporters whose generosity continues to make these improvernents P055ible. Reserves policy It Is the poliiy of the Charity that unrestricted funds which have not been deslgnèted lor a speiitic purpose should be maintalned at a level equivalent to between three and six monihs. net expendiiure. The Trugtees consider that maintainin8 reserves at this level provides appropriate protectfon against unforeseen financial pres5ure5 whilst allowin8 continued investrnent in the maintenance and improvement of the Charity's building5, grounds and community facilities. The reserves pollcy conttnues to be reviewed annually as part of the Charity's financial plannino process. Structure, governance and mana8ement The Charity Is governed by its Trust Deed and subsequent Scheme and continue5 lo operate as an unncorporated charity, with North Turton Parish Council a£tin8 a5 Custodian Trustee. The Board of Trustees is responsible for the strategic direction. governance and linancial stewardship ol the Charity. Trustees continue to provide their services on a voluntary basis and are supported by employees, volunteers and professional advisers where appropriate. The Trustees remain committed to maintaining high standards of governante. transpatY and accountability whilst ensuring that the Charity continues to meet its legal and regulatory obligation5. The trustees who served during the yearand up to the date of signature of the thnancial 5tatemeThts were.. Mr J Marriott Mrs J Colernan Mr N Kernick Mr S Rothwell (Resigned 8 June 20261 (Appointed 26 March 202SI (Appointed 20 March 20251 (Appointed 28 May 20251 (Appointed 28 May 20251 (Appointed 28 May 20251 (Resigned 31 March 20261 C Gaughan Mr P Metcalfe Mr S Ellis Miss L Brady Mr P Grundy
THE BARLOW INSTITUTE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Recruitment ond oppointmenr of trustees The Trustees are appointed in accordance with the Charitvs goveming document. comprising elected, nominated and co- opted Trustees. The Board continues to welcome expressions of interest from individuals wishing to contribute the skills and experience to support the future development of The Barlow. Appropriate induction and ongoing training continue to be provided to ensure that Trustee5 are ab to fullil their responsibilities effectively. Risk M¢rnogement The Trtsstees have connUed to review the principal risks facin8 the Charity, includin8 financial, operaonal, Bovernance and health and safety risks. Appropriate financial contro15. Safeguarding procedures. policie5 and reporknng arrangement5 remain in place tg provide reasonable assurance 3gainst fraud, financial loss and operational disruption. Trustees re8ularly revlew the Charlty's rlsk rIster and contlnue to develop governance arran8ernents to ensure that The Barlow remains well mana8ed and resilient in an increasin8ly challen8in8 operating environment. Training continues to be provided to Trustees. volunteers and staff where appropriatè, Ènsuring that thtsse involved in managing the Ch3rity remain equipped to discharge their responsibilities effectivelv. The Charlty COnnueS to benefi.t from the conslderable experlence, commltment and voluntary se of Its 8oard of Trustees. The trustees, ort was approved by the Board of Trustees. Mr S Ellls Trustet Date.. 0710712026
THE BARLOW INSTITUTE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BARLOW INSTITUTE I report to the trustees on my examination of the th"nancial statements of The Barlow Insiitute It charity) for the year ended 31 December 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial 5taternents in accordance with the requirement5 of the Charities Act 2011. I report in respect of my examination of the charity's financial ststements carried out under sectrjn 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent examlner's stattmtnt since the charity's gross income exceeded £250.(KKI. the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualifi.ed to undertake the examination because l am a member of the In5tUte ol Chartered Atcountanis in En8land and Wales. which is one of the listed bodies. Your attention is drawn to the lact that the charity has prepared the financial statements in accordance with the relevant version of the Statement ol Recornrnended Practice applicable to charities preparing their financial 5tatement5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accoundng and Reporting by Charities.. Statement ol Recommended Practice issued on l April 2(X)S which is ferred to in the extant re8ulations but has now been withdrawn. l understand that this has been done in order for the tinancial statements to provide a true and lair view in accordance with UK Generally Accepted Accountin8 Practice. I have completed my examination. l £onflrm ihat no matters have come to my atten16on in connethon with the examlnaiion Biving me cause to believe that in any material respect= accounting records were not kept in respect of the Char as requlred by sethon 130 of the chare5 Act 2011. the fi'nancial ststements do not accord with those ords,. or the fr'nancial 5tatement5 do not comply with the applicable reqvirernents concerning the form and content of fr'nancial statements Set out in the Charitie5 IAccount5 and Reports) Regulation5 2CK18 other than any reqUireMt th3t the financial statements give a true and fair view. whith is not a matter considered as part of an independent examination. I have no ioncerns and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the financial statements to be reached. Mltchell Charlesworth 3rd Floor 44 Peter Street Manchester M2 SGP ..Q81Q7J2Q26.... Date..
THE BARLOW INSTITUTE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Restrirted fvnds fvnds 2025 2025 Total Unre5trirted funds 2024 Restricted funds 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Other trading activities Investments 21.373 19.170 276.861 557.692 579.065 19.170 276.861 9.295 10,523 269.111 943 13.635 22,930 10,523 269,111 943 Total income 317.404 557.692 875.096 289.872 13,635 303,507 Expendlture on: Raising funds Charitable activities 281.103 85.878 281.103 89.424 242.461 104.320 242.461 124,490 3.546 20,170 Total expendlture 366.981 3,546 370.527 346.781 20,170 366.951 Net Incomellexpendliurel and mowment In funds 149,5771 554,146 504,569 156,9091 16,5351 163,4441 Reconclllayon of fvnd5'. Fund balances at l January 2025 641.655 5.381 647.036 698.564 11,916 710.480 Fund balances at 31 De¢ember 2025 592.078 559,527 1,151,605 641,655 5,381 647,036 The statement of financial activities includes all Bains and losses reco8nised in the year. All itKome and expenditure derive from contsnuin8 actsv1Mes.
THE BARLOW INSTITUTE BALANCE SHEET ASAT31 DECEMBER 2025 2025 2024 Fixed assets T3n8ible assets 13 1,007,225 670,186 Current a55ets Stocks Debtors Cash at bank and in hand 15 16 3.999 50,588 138.492 4,668 2,870 26.552 193,079 148.6991 34,090 157,2401 Creditors: amounts falling due within one year 17 Net current aets111[ablll1fje5I 144,380 123,1501 Total assets less currènt Ilabllltlès 1.151,605 647.036 Tht funds ol tht charlty Restricted income funds Unrestricted funds zo 21 559,527 592,078 5.381 641,655 1,151,605 647.036 0710712026 The fi'nancial statements were approved by the trustees on .. Mr Trustee
THE BARLOW INSTITUTE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash fflows from oper*ln6 ?¢tlvthes Cash generated fromllab50rbed by) operations 24 470,409 112,8701 Investing activities Purchase of tangible fixed assets Investment income received 1358.4691 19.0841 943 Nèt cash ustd In Snvtstlng athmés 1358,4691 18.1411 Net cash 8enerated from financlng artl¥itles N•t In¢r•awllde¢reasel In ¢ash and cash equ1lents 111,940 121.0111 Cash and cash equivalent5 at beginning of year 26,S52 47.563 Cash and ¢ash equlvalents at end of year 138,492 26,552
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accoundn8 poll¢les Charity information The 8arlow Insrtute is an unlncorporateil charity wistered with the Charity Commisslon and govemed by è conveyance date5 19 July 1926 and amended by a Scheme dated 27 September 20CQ. 1.1 Basis of preparation The fi'nancial siaiements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 'The Finèncial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reptsrbng by Charities.. Statement ol Recommended Practice applicable to charities pParIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Iland IFRS 1021" The charity is a Public Benefit Entity a5 defined by FRS 102. The fi'nancial statements have departed from the Charities IAccount5 and Report51 Regulations 2CK18 only to the extent required to provide 3 true aThd fair view. This departure has involved following the Statement of Reojmmended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice whith is referred to in the Regulations but which has since been withdrawn. The flnanclal ststements are prepared in sterlin& whith is the functional currency ol the charity. Monetary amounts In these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accountin8 policies adopted are set out below. 1.2 Goln8 con¢ern At the time of approving the flnancial statements. the trustee5 have a reasonable expectatton that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis ol accounting in preparin8 the linancial ststements. 1.3 Charltable funds Unrestricted funds are available for usè at thè discretion of the trustees in furtherance of theircharitable objective5. Restrlcted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial ststements. 1.4 Income Income is recognised when the charity is legally enritled to it after any performance condirions have been met, the amounts can be measured reliably* and it is probable that income will be received. Cash donations are recognised on receipt. Other donation5 are recognised once the charity has been notified of the donation, unless perforrnance conditions require deferral of the amount. Incorne tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the arnount Is known, and receipl is eXpeed. If the amount is not known. the legacy IS treated as a contingent asset.
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountin8 policies (Continued) 1.5 Expendlture Expenditure is recogni5ed once there is a legal or con5truthve obligation to transfer economic befit to a third party, it is probable that a transfer of economic benehts will be required in settlement. and the amount of the obligation can be measured reliably. Éxpenditure is classified by activity. The costs of each actwity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributsble to a single activity are allocated directly to thèt activity. Shared costs which contribute to more than one acrivity and support costs which are noi attributable to a single aCDvity are apptsrtioned between those acDvities on a basis consistent with the use of resources. Central staff costs are allocated on the ba5$5 01 tlme Spent. and depreciètlon charge5 are allocated on the portton of the a55et s use. 1.6 Tanglble flxed assets Tangible fi.xed assets are iniallY measured * cost and subsequently measured at cosi or valuatlon, net of depreCIaOn and any Impairment losses. Deprsaon Is recognlsed so as to write off the cost or Yaluaiion of assets less their resldual values over thelr useful Ilves on the followln8 bases- Cricket and Bowling Pavilions Cricket equipment Fixtures and lithn85 Playground MUl-use games area Veranda 2% cosi and 25% reducing balart basis 20% on cost 25% on c05t 6.67% on tost 5% on cosi 6.67% on cost The 8ain or loss arisin8 on the disposal of an asset is deterniined as the difference between the sale proceeds and the carryin8 value of the asset, and is reco8nised in the stement of financial activities. 1.7 Impalrment of fixed assets At each reporting end date. the charity reviews the carrying amounts of it5 tangible a5set5 to deterrnine whether there 15 any indication that those as5et5 have suffered an irnpairrnent Ios5. If any such indication exist5. the recoverable amount of the asset is estimated in order to determine the extent ol the impairment loss lif any). 1.8 Stocks Stocks are stated at the lower of tost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicat)le. dire labour costs and ihose overheèds that have been incurred in biinging the stocks to their present location and condition. Items held for distributr'on at no or nominal consideration are measured the lower of replacement C05t and c05t. Net reali5able value 15 the estimated selling price less all e51imated costs of completioTh and c05t5 to be incurred in marketing. selling and distribution. 1.9 Cash and cash equivzlents Cash and cash equivalents include cash in hand and deposits held at call with bank>
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountin8 policies (Continued) 1.10 Flnan¢lal Instruments The charity ha5 elected to apply the provisions of Sect(on 11 'Basic Financial Instrument5, and Sectlon 12 '0ther Financial Instruments 1s5ue5' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable riRht to set off the reco8nised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneousty. 8¢¥skfinan¢lul •55ets 8asic fi.nancial assets, whlch Include debtors and cash and bank balances, a Inifjally MeaSud at transactton prlce Includin8 transathon costs ènd are subseouently carried at amorD"sed cost usin8 ihe effectlve Inte$t method unless the arrangement constitutes a fi"nan£in8 transaction, Whe the iransacnon is measured at the presert value of the future receipts discounted at a Mark rate of interest. Finantial assets classifi.ed as reeeivable wthin one year are not amorti5ed. Bu$kfinan¢lul Ilublllt*es 8asic financial liabilities, intludin8 crèditor5 and bank loans are initially retognised at transaction prite unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value ol the future payment5 discounted at a market rate ol interest. Financial liabilities clas5ifi.ed as payable within one year Are not amorknsed. Debt Instruments are subsequently carrted at amortlsed cost. usin8 the effective Inte$t rate method. Trade credltors are obli8ations to pay for goods or serylces that have been acqulred In the ordinwy course ol operafjons from suppllers, Amounts payable are classifi.ed as current liabiliries if payment is due within one year or less. If not, they are presented as non-curreni Iiabilines. Trède creditors are cogniSed inillally at transathon prfce and subsequently measured at amortised cost using the effective interest method. Dereco9nltson oAAlnun¢lulllobillttes Financial liabilities are derecognised when the ehariws contractual obligalfons expire or are discharged or cancelled. 1.11 Ernployee benefft5 The cost of any unused holiday entitlement is recoBnised in the period in which the empl¢)yee's services are re1ved. Terminavon benefits are recognised immediately as an expense when the charity is demonstrably committed to teminate the ernployment of an etnployee or to piovide teiwnination benefi.ts. 1.12 Retirement benethi$ Payments to defi'ned contribution retirement benefit schemes are charged a5 an expense a5 they fall due.
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Income from donatfjons and le8a¢les Unrestricted fvnds 202S Restricted Total Unre5tricled funds 2024 Restricted funds 2024 Totsl funds 2025 202S 2024 Donations and gift5 21.373 557.692 579.065 9.29S 13.635 22,930 Intofflt Irom charltablè atllvS11*s Unrestrfrted funds 2025 Unrestrlcted funds 2024 Charltzble act1v5e5 Rental income and roorn hlre Fundraisin8 events and tickets 13,934 5,236 6,855 3,668 19,170 10.523 Income from other tradlng actlvltles Unresiri¢ted funds 2025 Unrestrlrted funds 2024 The readin8 room coffee shop and bar 276.861 269,111 Income from Invèstments Unrestricted funds 2025 Unrestricted funds 2024 Interest receivable 943
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Expendlture on ralsln8 funds Unrestricted funds 2025 Unrestricted funds 2024 Fundraising and publicity Other fundraising c05tS 4.457 5,406 Trading costs Coffee shop and event purchases Other trading activities Staff costs 67.068 19.511 190.067 58.618 22,985 155.452 276.646 237.055 Total costs 281,103 242,461 Expendlture on Charl¢ae actfvSdes Charltablè èxpendlturt 2025 Chzrltablt expendlture 2024 Dlrect Costs Depreciation and impairment Charitable expenditure Donations 21.430 7,419 5.437 46.520 24,390 34,286 70,910 Share of sUPPOrt and governance costs15ee note 81 Support Governance 49.051 6.087 49.123 4,457 89.424 124.490 Analys15 by fund Unrestricted funds Restritted funds 85,878 3,546 104,320 20,170 89.424 124,490
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 support costs all(Kated to adfvltles Charitable expenditure Totsl 2025 2024 Cleaning and maintenance AdverrisinR Light and heat Telephone Insurance Postage 3nd stationery Rate5 and water Bank char8es Sundry office costs Governance 11.385 860 16,856 1,296 5,461 30 2.663 4,462 6,038 6.087 16,414 880 17,839 1,260 2,856 iii 2.456 4,779 2.528 4.457 55,138 53,580 2025 2024 Gov•rnance ¢osts ¢omprl$e: Accountancy Legal and professlonal 4.947 1,140 4.457 6.087 4,457 Net movement In funds 2025 2024 The net movernent in funds is stated after chargingllcreditingl= Fee5 payable to the charity's independent examiner= - for the independent examination of the charity's financial statements for other fin8ncial services 3,(X)O 1.947 21.430 Depre£iation ol owned tangible fixed assets 46.520 10 Trustee5 None of the trustee5 lor any persons connerted with them) received any remuneration or benefits frrxn the charitv during the year.
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 li Employees The average monthly number of employees during the yeara$- 2025 2024 Nurnber Number Bar and coffee shop staff Cleaner 14 18 Total 15 19 Employment ¢osts 2025 2024 Wa8es and salaries Other pension costs 186,893 3.174 152,969 2.483 190,067 155,452 There were no employees whose annual remuneration wa5 more than E60.C¥XI. 12 Taxadon The charity Is exempt from taXaOn on its acdvities because all lis income is applled for charitable purposes.
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THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Herltage assets The charity was set up to manage and maintain land and property which has been gifted by the family to the custodian trusutee, North Turton Parish Council. which holds formal title to the estate on behalf ol the charity. The trustees consider the land and property to be a Heritage Asset because it has specific historical and environmental qualities and is held and maintained for its contribution to the cultural life of local people. The Heritage Asset derives from permanently endowed assets of the charitv. 15 Stocks 202S 2024 Raw materials and consumables 3.999 4,668 16 Debtors 2025 2024 Amounts lalllng due wlthln one yr. Trade debtors Other debtors Prepayments and accrued income 2,728 47.498 362 1,859 750 261 50.588 2.870 17 Credltors.. afflounts lalllng due wlth5n one year 2015 2024 Other taxation and soclal securlty Oeferred income Trade creditor5 Other creditors Accruals 4,232 7,500 21.729 989 14,249 16,745 18 26,923 1,246 12,326 48,699 57.240 18 0*red intomt 20Z5 2024 Other deferred income 7,500 Deferred income is included in the financial statements as follows..
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 18 Deferred income (Continued) 2025 2024 Deferred income is Sncluded within= Current liabilities 7,500 2025 2024 Movement5 in the year-. Oeferred income at l January 2025 Resources deferred in the year 7,500 Deferred income at 31 Oecember 2025 7,500 19 Retlremerrt benelt schemes 2025 2024 Dned conirlbudon schemes Charge to profit or10s5 in respect of delined contribution schemes 3,174 2,483 The charity operates a dehned contribution pension xheme for all qualifying empl¢)yees. The assets ol the scheme are held separately from those of the charity in an independently administered fund. 20 Re$trlcted funds The restricted funds of the tharity comprise the unexpended balantes of donations and 8rant5 held on trust subject tts 5pecilic condition5 by donor5 a5 to how they rnay be used. At l January 2025 Incoming resources Resources At 31 December expended 2025 Private Donors ECRC Woodland 5,381 19731 4,408 537,192 17,927 537,192 20,SC#) 12.5731 5.381 SS7,692 13,5461 559,527
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 20 Restricted fvnds (Continued) Prevlous year= At l January 2024 Incomlng resources Resources At 31 De¢ember expended 2024 Sponsor a Chair Edgworth CRC The Roberts FamilylAO Private Donors 1,360 2,125 io,c(N) 150 11,3601 12,1251 (lo.0) 16,6851 11,916 5,381 11.916 13,635 120.1701 5.381 Rèstrlrted funds In the current year relate to th* followin8'. In 2025. donations received from private donors in 2025 were Snt on IT and kitchen equipment. In 2025. we received a substanttal donation for capital intment into the ECRC and estate structural repair5. In 2025, we received £20,(XIO8rant Irom the lottery fvnds to be used for the woodland area. In 2025, we received a prlvate donaOn of £5Crf) to be used for the woodland. Restrlrted funds In the prloryear relate fo the followln$: In 2024. donations received from private donor5 in 2024 were spent on repairs to the Barlow building. In 2024, various donors gave a total of £1,360 which contributed to new chair5 for the Hall. In 2024. the Roberts Farnily/AO dgnated £IO.(Q) for the Edgworth Cricket and Recreational Club which ha5 been passed onto them. In 2024, prlvate donors donated £150 lor the cooker hood. 21 Unrestrlrted fvnds The unrestricted funds of the eharity comprise the unexpended balances of donations and grants which are not subject to Specifi'c condition5 by donors ènd grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds bythe trustee5 lorspecific purpose5. At l January 2025 Incoming resourtes Resources At 31 December expended 2025 General funds 641,655 317,404 1366,9811 592,078
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 21 Unrestrirted fvnds (Continued) Prevlous year= At l January 2024 Incomlng resources Resources At 31 De¢ember expended 2024 General funds 698.564 289,872 1346.7811 641.655 22 Analysls of net ass$ bètwetn funds Unrestrlcttd funds 2025 Restrlcted fund5 2025 Total 2025 At 31 December 2025: Tan8ible assets Current assetsllliabilitr'esl 550,279 41,799 456,946 102,581 1,007,225 144.380 592,078 559,527 1,151,605 Unre5trlrted fvnds 2024 RestrScted funds 2024 Totsl 2024 At 31 December 2024: TanBible a55ets Current a$sets/lliabilie$j 670,186 128,5311 670,186 123.1501 5,381 641,655 5.381 647,036 23 Related party transa¢tlons There were no disclosable lated party transacrions durin8 the yeèr12024- none).
THE BARLOW INSTITUTE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Cash 8enerated fromllabsorbed by) operatfjons 2025 2024 Surpluslldeflcitl for the year 504,569 163,4441 Adjustments for: Investment income reco8nised in statement of financial aC16vities Oepreciation and impairment of tangible fixed assers 19431 46,520 21,430 Movements In worklng capltal: Oecrease In stocks Ilncreaselldecrease in debtors Ioecreasel in creditors Increase in deferred Income 669 147,7181 116.0411 7,500 281 14,381 19.6651 Cash nerdt*d fromllabsorbed by) operatlons 470.409 112.8701 25 Analysls of chanp5 In nèt funds The charity had no material debt durin8 the year.