Charity reglstration numbor 900597
THAME BARNS CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THAME BARNS CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
M Baines
K Clark
G Clayton
D Dodds
R Gibson
A Mcculloch
A Mitchell
A Sturdy
D Gurney
(Appointed 18 May 2023)
(Appointed 17 July 2023)
(Appointed 29 August 2023)
(Appointed 1 July 2023)
(Appointed 7 February 2024)
Charlty number
900597
Independent examiner
Richardsons
30 Upper High Street
Thame
Oxfordshire
OX9 3EZ

THAME BARNS CENTRE
CONTENTS
Pago
Ttustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
6-12

THAME BARNS CENTRE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number
900597
Prlncipal Address
Church Road
Thame
Oxfordshire
OX9 3KJ
The flnanclal statements have b8en prepared in accordan￿ with th8 accounting policies set out in note 1 to the
financial statements and comply with the charity's goveming document, the Charities Act 2011 and "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities p￿parIng their accounts
in accordance with the Financial Reporting Standard applicable in the UK and R8public of Ireland (FRS 102).
(effective 1 January 2019).
Objectlves and activitles
Thame Bams Centre was establlshed as a charity by lease and Trust Deed dated 21st May 1990 made between
Thame Town Council and the Diocesan Twstees ( Oxford ) Limited. The PCC of the Parish of Thame and the
trustees appolnted at that time.
The object of the centre was and still is to provide a communty facility for the people of Thame and districL The
origin81 lease expired in May 2011 and a new lease of 12 years duration came into effect in December 2011.
Achievements and perfomiance
The Barns Centre is a focal point for the town providing facilities for people of all ages and 8cros5 all sections of
the community. The Goveming Body sees th8ir responsibilities as being to encourage use of th8 centr8 by th8
local community whilst ensurlng that the facilities at the centre are maintained to a high standard . In addition the
Governing Body has a responsibility to make the centre a commercial success with any surpluses accruing in a
year being reinvested in the centre.
In this context the Goveming Body had been mindfvl of the Charity Commission's guidance on public benefit and
ensured that the Thame Bams Centre continued to have facilities available for use by the whole community for
meetings, parties and oth8r r8creational actlvltles ￿th spe¢ifi¢ provision made for local groups vthlch work with
the disabled, elderly and disadvantsged.
The day to day running of the centre has been undertaken by the Joint Centre Managers - Patsy Feighoney until
30th June, Mandy Mitchell from 1st July and Karen Clark for the whole year - supported by a team of part tim8
and casual staff, with the latter assisting in providing catering and serving duties at the many functions held at the
Bams Centre. In addition to the functions. there are regular and occasional hiring of the various rooms at the
centre.
The trustees would like to place on record their appreciation of all the work undertaken by the Joint Centre
Managers and their support staff.
Financial revlew
During 2023124. income from functions and room hire has increased from £149,609 in 2022123 to £183,790 in
the current year. an increase of £34,181. Other income in the year (for example from interest on investments)
totalled £9,358 (£4,341 in 2022123 however this was mostly from interest). The net surplus for th8 current year
was £22.128. compared with net deficit in the previous year of £4,476.
Dursng the year capital expenditure was £3,948 (31st March 2023 £10,269).
As at 31st March 2024, the closlng bank balance was £393,787 (31st March 2023 £372.538).
The charity alms to hold atleast 2 months of expenditure in res8rv8s at any point in time. This is equal to around
£30,000.

THAME BARNS CENTRE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structurei governance and management
The charlty is govemed by its goveming document. a deed of trust. and constitutes an unincorporated charity.
Recrultment and appointment of new trustees
Thame Town Council and St. Mary's Church each have three trustee representatives on the Governing Body
(including the Town Clerk and the Vicar of St. Marls Church respectively) and in th8 first instanc8 such trustee
representatives would have their appointment proposed and endorsed at a formal meeting of the Town Council in
the case of a Thame Town Council member and at a Parochial Church Council meeting in the (xse of a St.
Marrfs Church nominee.
The final member of the Goveming Body is the Treasurer who need not be a member of either of the two bodies
and would be appointed by the Goveming Body as and when a vacancy arises.
All trustee appointments have to be approved at the subsequent Annual General Meeting of the Thame Bams
Centre.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Trustees
M Baines
K Clark
G cla￿On
D Dodds
M Deacock
R Gibson
T Haley
A Mcculloch
A Mitchell
M Reading
A Sturdy
G Taylor
D Gumey
(Appointed 18 May 2023)
(Appointed 17 July 2023)
(Resigned 16 May 2023)
(Resigned 7 February 2024)
(Appointed 29 August 2023)
(Appointed 1 July 2023)
(Resigned 1 Aprll 2023)
(Resigned 1 April 2023)
(Njpolnted 7 February 2024)
The truste
eport was approved by the Board of Twstees.
R Glbson
Trustee

THAME BARNS CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THAME BARNS CENTRE
I report to the trustees on my examination of the financial statements of Thame Bams Centre (the charity) for the
year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial ststements in accordance with
the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charitys financlal statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Dir8Ctions giv8n by the Charity Commission
under section 145(5){b) of the 2011 Act.
Independent examlnerfs statement
I have completed my examination. I confirm thal no matters have come to my attention in connection with the
examination giving me cause to believe that in any matertal respect:
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act" or
the financial ststements do not accord with those records. or
the financial statements do not comply with the applicable requlrements conceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regul8b'ons 2008 other than any requirement that the
accounts give a true and fair view whlch Is nol a matt8r consid8red as part of an ind8P8nd8nt examination.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of Ihe financial ststements to be reached.
Rachel Porter ACA MAAT
Richardsons
30 Upper High Street
Thame
Oxfordshire
OX9 3EZ

THAME BARNS CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Totsl
2023
Notes
Income and endowments from:
Charitable act5Vities
Investments
Other income
183,790
6.531
2.827
149,609
3,319
1,022
Total Income
193,148
153,950
nditure on:
Charitable activities
171.020
158.426
Net incomel(expendlture) for the yearl
Net movement In funds
22.128
(4.476}
Fund balances at 1 Aprfl 2023
400.052
404.528
Fund balances at 31 March 2024
422,180
400.052
The statement of financial adivities includes all gains and losses recognised in the year.
The statement of financial actiwties includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

THAME BARNS CENTRE
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Flxed assets
Tangible assets
11
21,267
27.045
Current assets
Debtors
Cash at bank and in hand
12
18.370
393,787
15.775
372,538
412,157
388.313
Credltors.. amounts falling duo within
one year
13
{11,244)
(15,306)
Net eurrent assets
400.913
373,007
Totsl assets le$¥ current liabilities
422,180
400,052
Net assets
422,180
400,052
The funds of the charlty
Unrestricted funds
422.180
400.052
422,180
400,052
The fi ncial statements were approved by the trustees on ...
R Gibson
Trustee

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
Charfty Infomiatlon
Thame Bams Centre was established as a charity by lease and Trust Deed dated 21 May 1990 made
be￿een Thame Town Council and the Diocesan Trustees (Oxford) Limited, The PCC of the Parish of Thame.
and the Trustees appointed at that time. The principal address Ss Thame Bams Centre. Church Road. Tham8.
Oxfordshire. OX9 3AJ.
1.1 Accountlng conventlon
The financial ststements have been prepared in accordan￿ with the charitys Trust Deed, the Charities Act
2011 and "Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th8 UK
and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2016).
The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial st8teTnents have departed from the Charities (Accounts and Reports) Regulations 2008 only to
Ihe extent required to provide a true and fair view. This departure has involved following the Stalement of
Recommended Practice for charities applying FRS 102 rather than the version of the Ststement of
Recommended Practice which is referred to in the Regulations but vthich has since been withdrawn.
The financial ststements are prepared in sterling. Ythich is the functional currency of the charity. Monetsry
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historFcal cost convention. The prlncipal accounting
policies adopted are set out below.
1.2 Going concern
At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational 8￿$tance for the for8s88able futur8. Thus th8 trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charftable funds
Unrestricted funds are available for use at the discretlon of the trustees in furtherance of their diaritable
objectives.
Restricted 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 statements.
Endowment funds are subject to speafic conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been me(
the amounts can be measured reliably, and it is probab18 that income will be received.
Cash donations are recognised on receipt. other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenanl is recognised at the time of the donation.
Legacies are recognised on receipt or othe￿iSe if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount Is not known. the legacy is treated as a
contingent asset.

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ountlng pollcles
(Continued)
Tumover is measured at the fair value of the consideration re￿iVed or re￿iv8b[e and represents amounts
receivable for goods and services provided In the nomial course of business, net of discounts, VAT and other
sales related taxes. In the case of weddings, room hire is invoiced at the time of booking and is recognised in
creditors. This is then recognised as incoming resources when the function is held.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as th8re is a legal or constructtve obligation committing the
charty to that expenditure. it is probable that a transfer of economic benefits TrMII be required in settlement and
Ihe amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
inclusive of VAT where this cannot be reclaimed and has been classified under headings that aggregate a15
cost related to the category. Where costs can not be directly attributed to particular headings they have been
allocated to actIvI￿eS on a basis consistent with the use of resources.
1.6 Tangibte fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their ￿SIdual values over their
useful lives on the following bases:
Fixtures and fittings
Computers
15Vo Straight line ba51S
150h straight line basis
The gain or loss arising on the disposal of an asset is detemiined Ss the difference between the sale proceeds
and the carying value of the asset, and is recognised in the statement of financial activities.
1.7 Impalrment of fixed assets
At each reporting end date. the charity reviews the carylng amounts of its tangibl8 assets to detemiine
whether there is any indication that those asset5 have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient
k)ss (If any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply Ihe provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financi81 Instruments Issues, of FRS 102 to all of its financlal 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 right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
(Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carrFed at amortised cost uslng the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future recelpts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic finan¢lal Ilabllltles
Basic f nancial liabilities, including creditors and bank loans are initially recognlsed at transaction pri￿ unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wlthln one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as n0n-cu￿ent liabilities. Trade creditors are recognised Inttially at
transaction price and subsequently measured at amortised cost using the effedive Inte￿$t method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charivs contractual obligations expire or are discharged or
cancelled.
1.10 Employee beneflts
The cost of any unused holiday 8ntitlem8nt is recognised in the period in which th8 8mploye8'S S8NiC8s ar8
r￿4ved.
Termination benefits are recognised immediately as an 8xpens8 vth8n the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 PensSon costs and other postwrntlrement benefits
The Charity operates a defined contribution pension scheme. Contributions payable to the charstvs pension
stheme are charged to the Statement of Financial Activities in the period to which they relate.
1.12 Government grants
Govemment grants are recognised at the fair value of the asset received or receivable when there is
reasonable a8surance that the grant conditions will be met and the grants will be received.
A grant Ihat specifies performance conditions is recognised in income when the perfomiance conditions are
met. Where a grant does not specify perfomiance conditions it is recognised in income when the proceeds
are received or receivable. A grant received before the recognrtion criteria are satisfiéd is r8cognised as a

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crftical accountlng estlmates and judgements
In th8 application of the charitys accounting policies. the trustees ar8 required to mak8 judgements, estimates
an(f assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be r818vant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revlsions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
perfod. or in the period of the revision and future periods where thé revision affects both current and future
periods.
Income from charltable actlvltles
Unrestricted
funds
2024
Unrostricted
funds
2023
Sales wlthln charitable activitl•s
Sale of goods
183.790
149,609
Investments
2024
2023
Interest receivable
6.531
3,319
Other Income
2024
2023
Government grants
2,827
1.022

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable actlvltles
2024
2023
Depreciation and impairment
Wages
Employers Nl
Pensions
Insurance and licenses
Light and heat
Telephone
Sundry
Catering and bar
Maintenance and renewals
Cleaning
Water
Waste disposal
Management and administration
Training
Independent Examinevs fee
9,723
83.960
31)4
2,114
4,606
16.950
693
10,890
19,308
10,950
695
476
612
7.263
726
1.750
9.850
86,802
2,403
4,728
9.170
751
4,982
17,846
7,268
505
1,500
1.704
7.610
815
1.650
171,020
158,426
171,020
158.426
Analysis by fund
Unrestricted funds
171.020
171,020
For the year ended 31 March 2023
Unrestricted funds
158,426
158.426
Net movement In funds
2024
2023
The net movement in funds is stated after chargingl(crediting)'.
Depreciation of owned tangible fixed assets
9,723
9.850
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March
2023.
10-

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
11
12
There were no empkiyees whose annual remuneration was more than £60,000.
10 Taxatlon
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
11 Tangible flxed assets
Flxtures and Computers
fittingi
Total
Cost
At 1 April 2023
Additions
223,060
2,171
2.732
1,777
225.792
3,948
At 31 March 2024
225.231
4,509
229,740
Depreciation and Impaimient
At 1 April 2023
Depreciation charged in the year
196.544
9.124
2,206
599
198,750
9,723
At 31 March 2024
205,668
2,805
208,473
Carrying amount
At 31 March 2024
19,563
1,704
21.267
At 31 March 2023
26,518
527
27.045
12 Debtors
2024
2023
Amounts falling due wlthin one year:
Trade debtors
Other d8btors
Prepayments and accrued income
16,935
257
1,178
14,528
183
1.064
18,370
15.775
11

THAME BARNS CENTRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Creditors: amounts falllng due wlthln one year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
A¢¢ruals and d8f8rred income
2,610
2,762
2,697
3.175
3,147
2,801
6,208
3,150
11.244
15,306
14 Unrestrfcled funds
The unrestricted fund5 of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. Thes8 indude
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 Aprll
2023
Incomlng Resources At 31 March
resources
expended
2024
General funds
400.052
193.148
(171.020)
422,180
Previous year:
At 1 April
2022
Incomlng
resources
Resources At 31 March
expanded
2023
General funds
404,528
153,960
(158,426)
400,052
15 Related party transactions
There were no disclosable related paty transactions during the year (2023 - none).
12-