Chaylty rnglstratlon numbor 900597 (England and Wal> THAME BARNS CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
THAME BARNS CENTRE LEGAL AND ADMINISTRATIVE INFORMATION TrUe•¥ M Barnes G Clayton D Dodd5 R Gibson A Mcculloth A Sturdy Mr M Lind8ay (Appointed 13 February 2026) Charlty number 900597 Ind8p•nd•nt oxamln•r Richardsons 30 Upper High Street Thame Oxfordshlrg OX9 3EZ
THAME BARNS CENTRE CONTENTS P•ge Trustee8' report Ind8pendent ex8min8ls ret Statement of finandal activhles Balance sheet Notos to tho finanoal statements 6-12
THAME BARNS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2026 REFERENCE AND ADMINISTrATIVE DEfAILS Reglstored CharFty Numb•r 9(J)597 Prlnclpal Addr•¥• Churth Road Thame Oxfordshire OX9 3AJ The flnan¢Y81 statements have been prepared in accordan wlth the accounftng poliaes sel out in note 1 to the finanual statements and compty with the charivs goveming document. the Charitiès Act 2011 and "Accounting and Reporbng by Charities.. Ststement of Recommended practi applic8ble lo charities prepaying their accounts in alrdan wrth the FinanThal Reporting Standard applicable In the UK and Republic of Iland IFRS 102). leffectNg 1 January 20191. OblKttvK •nd actlvltles Thame Ba3 Centre w8s establi5h8d a5 a charity by lease and Trust Deed dgled 21st May 1990 tnade beN¥e8n Thame Town Coun¢il and the Diocesan Twstees l Oxford ) Limited, The PCC ol th6 Parish of Thame and the trustees app)inted at that time. The object of the centre was and stlll is to wovide a commLFnity fadlty for the pe(•le of Thamg and distrtct. The original 1#8$e expired in May 2011 and a new lease of 12 years dulalion came rnlo effact sn Decemb&r 2011. A new le888 is in the process of being finalised. Achi•vom•nts and porfom¥anc• The Bams Centre is a focal point for the town providing facilities for people of all ages and across all sections of Ihe cx)mmunty. The Goveming Body sees thelr responsibillJ&s 88 being lo encourage use of the ¢entre by tho lo1 MmUnIty whilst ensurfng that the f8dlilies at the centre are malntained to a high standard . In addition the Governing 8[ty has a tsstX)nsiIIty to make th8 centre a commercrd success wrfti any surpluses accruing in a year being reinveslod in the cenlre. In this context the Goveming Body had beèn mindfvl of the Charity Comrn1s51on's guldance on publ benefft and ensured that the Thamo Bam8 Cents conb'nued to have facilit185 available for use by the whole o)mmunity for meeting5, parties and other recre8tional activlttes with specafic proMsKJn m8d$ for focal groups whith Work %wth thè disabléd. 8lderfy and dis8dvantag•J. The day to day running of tho eentrè h8s been undertaken by Centre M8ri8ger- Mandy Mitchell - supported by a team of part lime and casual staff. with the latter assisting in providing Lzlering and serving duties at thè many functions held at the Barns Centr8. In addition to the fvnctions, there ar8 rggular and Occ8onal hiring of the V8rkxJs rooms at the centre. The trustee5 would like to place cm rec( their 8pprec4ation of all the work undertaken by the Centre Manager and Iheir support staff. Financial r•vl•w During 2025126. income from functions and room hire has in(xea8ed from £177,325 in 2024125 to £196.219 in the curr8nt year, an incraaso of £18.894. Other inrA)m& in the year (for exampl8 frorn inter8St on investments) totalw £12.4441£12.922 in 2024125 however this was mostty from Interest). The net sluS fry the curTrnt year was £17,152 compared with net sulUS in the wevious year of £6,922. During the year capital expenditure wa$ £19,323131st M8ro 2025 £8,426). As at 31st March 2026. the closing bank balance w8s £413.625131st March 2025 £407.0871. The carity aims to hokl at fea812 months of tsxpenditure in reserves at any point in time. This is equal to around £30.000.
THAME BARNS CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Structur•, gov•mance and management The charity is govemed by its governing documont, a deed of trust, and constilules an unincorpor8ted tharity. Racrultmènt and appolntment of new trusts•8 Thame Town Cwncil and St. Mary's Church each havo three trustee repr8Sontativ&s on the Goveming Body {indudlng the Town Clèrk and the Vicar of Sl. Mary's Church respecttvelyl 8nd in the first Instancts such trustee representatives woijld have their appointment proposed 8nd endonsed 818 fomial meeting of the Town Council In the case of a Thame Tovm CounrAI member and at a Parochial Church Council meeting in the case of a St. Mary's Churth nominee. Thg final mémber of the Governing Body is the Treasurer who need rtol bo a rnembBr of glther of the bodies and wouhj be appolnled by the Governing 8ody as and I)en a vacancy arises. All trustse appointm$nts have lo b8 approvwj at the subsequenlAnnual Goneral Meeling of the Thame Barns Centre. Rlsk Manag•ment The Irust8es have a duty to Klèntify ar7d *Eview th8 risks to which the charity is exw)sed and to ensure appropriate controls are in pla to provide rea80nable assurance against fraud and effor. M Baines G Clayton D Dodds R Gibson A Mcculloch A Sturdy D Gumey Mr M Lindsay (Resigned 25 November 20251 (Appojnted 13 February 20261 The truste port was approved by the B08rd of Trustees. R Glbs¢n Ttust88 Dated".
THAME BARNS CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THAME BARNS CENTRE I r¢port to the trustees on my ex8mlnaUon of the fin8ndal statements of Tharne Bam$ Cerrtre Ilhe tharityl for the year endod 37 March 2026. ResponslbllEfj¢$ Ind ba$ls of report As the trust89s of the charity you are responsibl8 for the prepar8tton of the financial slatsments in a(xordanco wrth the requSrements of th$ Chariiies Act 2011. I report in respect of my ¥xamination of tho thariws finanoal 3tstements Carried out uThJ8r 8edion 145 of the Charrlies Acl 2011. In carying out my examinatlon I have fdlowed th8 Dlrections grven by the Charfty Commission under sethon 14515llbl oflhe CharitiesAct 2011. Indep•ndent examln•rf$ $tst•ment I hav8 ¢ovnpfeted rny èxamination. I confim) that no matt8rs have ojme to my ettention in connection the examlnation giving m8 ¢3use to believs that in any matorf81 Spect.. 8(rounb'no record5 were not k8pl in respect of th8 ¢h8rity as required by section 130 of the Chwiti8sAct 2011. the finanaal statements do not accord wilti those records,. or the finanrAal statsments do not comply wth the applicable requirements ¢onceming the form and contsnt of financial statements s81 out in th8 Charrfies {ACunts and Reports) R8gul81ions 2008 other than any requirement that the financial ststsments gwe a true and fair wew. whith Is not a matter considered as part of an independent examinatlon. I have no concems 8nd have come 8¢ross no other matters in connection wlth the examln811on to whit attention should be drawn in this rew)rt in order lo enOle 8 proper understanding of the financial statements to be reached. Rachel Port•r ACA Richard$on5 30 Upper High Streol Thame Oxford5hire OX9 3EZ
THAME BARNS CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THEYEAR ENDED 31 MARCH 2026 Unmtrictod AtrICted fund funds 2026 Total 2026 2025 Note• Income and endo¥wments from: Don8b"ons and legacles Charitable ath'vities Investsnents Other income 250 250 196,219 9.811 2,383 196,219 9,811 17T.325 10.073 2.849 Totsl Ineome 208.413 250 208.663 190.247 Ex ndlturn on: Charitablo acbwti8s 191.261 250 191.511 183.325 Net Incom8 fortho y•arl Net movement In fund8 17,152 17,152 6.922 Fund balance5 at 1 April 2025 429,102 429,102 422,180 Fund balance• at 31 March 2026 446,254 446.254 429,102 The stslement of fin8nci81 activib8s indudes 011 gains and losses reco3nised in the yeor. The statement of flnandal aciivmes indu(Jes all galns and losses recognls8d In the year. AFI Income and 8xpenditure doriV8 from continuing athviti8S.
THAME BARNS CENTRE BALANCE SHEET AS AT 31 MARCH 2026 2020 2025 Notes Fixed ass•ts T8nggble assets 11 32,769 21,292 Debtors Cash at bank and in hand 12 16,338 413.625 18.302 407,087 429,963 425.389 Crodltorn.. amounts falllng due wFthln one year 13 116,4781 117,5791 Not curr•rt assots 413.485 407.810 Total ass•ts1os5 current liabllltlas 446.254 429,102 The funds ofth• charlty Unrestricted funds 14 445,254 429,102 446.254 429,102 The financi tatements were approv9(I by the thjslees on......................... R Gtbson J.i.A
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accountlng pollcl•s Charity Infor1110n Thame Bam$ Centre was established as a charity by lease and Tnjst Deed dated 21 May 1990 made b&een Thame Town Counal and the DiocesAn Trustees {Oxf¢xdl Limited, The PCC of the Parish of Thame. and the Tnjstees appointed at th8t Ilme. The prindpol address Is Thame Bam$ Centre. Churd) Road, Thamg, Oxfordshire. OX9 3. 1.1 kcountlng convondon The financl8J statemerts have been prepared in aCrdnCe with the ch8rfV5 Trust Deed, the Charfttes Acl 2011 and "Accounlng and Reporting by Charities.. Statement of Recx)mmended Prdctice 8ppli(3ble to charities prèparing their accounts in accordance with the Financial Repotlng Standard appllcable in the UK and Republic of Ireland IFRS 102)" las amendÈd for accounting ptsriod5 commencing from 1 January 2019). The chanty is a Publlc Benefft Entity as deflned by FRS 102. Th& charity has taken advanlage of the provisions In the SORP for ch8nb.es appng FRS 102 Updato Bulletin 1 not to prepa a Stslement of Cash Flows. Tho financial statements 8re piepared in sterling, vthich is the functional CrrencY of the thaiity. Monetary amounts in these fin8ncial statement$ are roun¢Jed lo the nearest £. The finanaal statement5 have been prep8red under the historical cost Cotion. The principal accixjnling policies adopted are sel out below. 12 Golng concom At the time of BpFffoving the fin8w81 statsments. th8 trustees have a r8asonable exp8Ctalk)n that the charity has adequate resour$ to ttnue in oper8tion81 exlstence for the foreseeable fijture. Thus the trustees ntinue to adopt thè 90ing concern basls of ac¢x)unting in preparlng the finanaal statements. 1.3 Charltablo funds UnTestrfded funds are avallable for use at the discretion of the trustees in furtherance of Ih8tr tharitablg edves. Restricted fvnds are subject to specific conditions by donors or grant0 as to how they fflay be used. The purposas and uses of tho r8strtcted funds are set out In the notes to the fin8nrial statements. En(Jowment fvnds arè Subject lo specrfic ex)ndition5 by donwts thal the capilal must maintained by the charity. 1A Income Income Is recognised when the tharity is legally entltled 10 4t after any perfomance condlflons have been m&L th8 amounts can b& measured rekably. and it is prithtsle that incom¥ will be receiv8d. Cash donations are recogni5ed on recelpt. Other donattons are recKJgnlsed once the th8rity ha5 been nour of the donation, unless perfomianc8 conditions requir8 dgfgrral of the amount. Income tax recoverabl8 in relation lo donations received under GIftd or deed$ of fp)venant is recognis$d 81 the time dthe donation. Leg8des are recognised on receipt OT Otherwise the c*arity ha$ been nottfied of an IMndIng distribution, the amount is known, and receipt is expected. W the amount is not kn¥n. thè legacy is traated as a conting•nt aSS8t. Tumover Is measured Bt the falr value of the eonslderation received or recervable and rèpresents amwnts r1Vable for goods and services provided in the nomial o)urse of business. net of discounts, VAT and other sabs related tax88. In the cas8 of wgddings, room hir8 is invoiced at th8 tim8 of booknng and 1$ re¢ognised in credltors. Thls 15 then recognlsed as incoming resources when the function is held.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 A¢¢ounting pollclès (Contlnued) 1.5 Exp•ndftur• Lkabilities are recognised as expenditure as s¢)on 8$ there is a legal or constructlve otllgalton committing the charity to that ewditure, tt is probable thBt 8 transfer of economic benefits will be required in setuement and the amount of the Obliga( can be measured rell8bly. Expenditure Ss accounted for on an acuuals ba518 inclu8ive of VAT where this cannot be r8daim9d and has been d8s5thed under heading8 that aggmg8te all cost related to the category. Where o)sts can not be directly attributed to parti1¥r headings they have been allocated to acts'vities on a basss consistsnl with t1 u88 of resources. 1.0 Tanglble ffxed assets Tangible fixed a&sets are initialty m8asured at cost and subsequerrtly measur8118t ojst or valuatton, nel of depreoation 8rtd arry impaimienl losses. Depredati( is recognised so as to lte off the cost or valuallon of 8ssets less thelr resldual values over their usèful Ilves on the following bases: Fixiures and fittings Comp4rters 15% $tr8ight line basis 15% 81raight line b8sis The gain or loss arising on the disposal of 8n asset is d8t8miined a5 th8 dTrT8r8nce beiween th8 S818 proceeds and the carrylng value of the 8sset, and Is rec4Jgnised In the stalement of fin8nual activities. 1.7 Impalnnent offlx•d ?$ts At each reporting ènd dale, the charity reviews the carying amunls of its tanglble assets to dotermine whether there 18 any indication Ihal those assets havo suffered an impairment loss. If any suth indication $15. recoverable amount of the asset is estimated in order to deteThine the èxtgnt of the impaimient bss lif any). 1.8 Cash and cash equlvalenls Cash and cash equivalents indude cash in hand. deposits held al call wyth banks, other short-term liquid Investments with origin81 maturities of three months or less. and bank overdrafts. Bank overdrafts are shown thin trnings In current liabilitigs. 1.9 Flnanclal Irkstrumonts The cknarity has elected to apply the provislon8 of Section 11 '8asic Financial Instruments. and Sedon 12 'Othei Financyal InstNments Issues, of FRS 102 to all of Its financial instruments. Flnandal Instruments ara recognised in the thariWs balance sheet the th8rfty bacomes p8rty to the contractual prtivisions of the InstrumenL FinancAal assets and Ilabilities are offs8t, the net amoLtnts prosented in th8 finanrial statements, when there is a 9allY enforceable right lo sel off the recognised amounts and there is an intention to settle a nel basis or to realise the asset and settle the liabtlty simultsneo*Jsly. Basle flnanclal assots Ba$1¢ financial assets, ¥thlch Indude debtors and ca8h and bank balances, are initialty measured at transacti( price including transaction costs and are subsequentty carrféd 81 amortised cost Using the effective interest method unlèss the arr8ngem•nt consts'tules a finanung transacbon. whgre the transaction is measured al Ihe present V81ue of the future receFpts disojunted at 8 marttet rate of interest. Finanual assets CL85fied 05 rece¢vable wthin one year are not amortised.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Aeeountlng Por1•• {Cortlnu Ba8lc flnanclal Ilabllhles Basic finano81 liabile5, induding creditors and bank loans are InallY recognised at transaction prffic unless the 8rrangement constitutes a finanelng transaction. Whe th$ debt instDJment is measured at the pyesent valL¢e ol Ihe ftrturo paymerts discDunted at a Maet rate of interest. Financlal ffabflitles dassffied as p8yable thin one y88r are not amortised. Debt instrum8nts aro sub5W4u8nty rathed at amortlsed cost. uslng th8 8ffocUve Intsresl rate moth(. Trade creditors are obJig8tlon$ to pay for goods or services that have been acquired in the ordinary cours8 of operations from suppliers. Amounts payable are classified as current liabilities rf payment is Mthin one year or lèss. If not. they are pseIe as non<urrent liabilities. Trade creditors ar¢ recognised initially 81 transaction price and subsequentty measured at 8mortis8d tX)81 using the effectve intere51 method. Derecognition of financial Irabilrties Financial liabilities are doracognised when the charws c£Jntra¢tual OlgationS 8xplre or are discharged cancelled. l.fo Employee benefits The cost of any unus&J hollday entTtlement is recognls8d In the perlod In whlch the empjoyee's services ar8 received. Termination benefits are reCJnised immedialety as an axp8n$g when the charity is demonstrably committed to temiinate the employment of an employee or to termination benefits. 1.11 Pension costs and othor posIrmOnt b•no15ts The charity operates a defined contribution pension schema. Contrlbullons payable to the charitys pensr scheme are chargad to the Statement of FinancAal Activilie¥ in the Feriod lo vthith thoy late. 1.12 Govornment grants Govefnmenl grants ar8 rg¢ogiijs8(l at the fair value of the 3&%el received or recèivable when thare is reasonable assuran that the grant conditions will be met and the grants will be recaived. A grant that speofies pgrfom8nce c4Jnditions Is recognlsed In Ints)me when the perfomance conditions are met. Where a grdnt does not speafy p8rforrrt8nce conditions it is recognlsed in ino)me when the proceeds are recerved or receivab. A grant received before the reccgnition crtteria are satisfied is rnIsed as a Crltlcal accountlng egtlmatss and Judgemonts In the apF41c8tion of the tharity$ a¢¢ounting w)Ilde$, the trustees are requlred to make judgements, eslmate8 and assumptions atrfyut the catyng 8mounl of assets and liabilsties that are not readily apparent frorn other sources. The estim8teS 8nd associated assurnpfjons are based on historical experlence 8nd othei factors that are cOndered to be relevant. Acbjal results may differ from these estimates. The estimates and underfytng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is vISed where the vISIon affects only that perfod. or In thg pgdod of the IOn and future pedods where the rewsion affecis both current and futur p•rio¢Js.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 kn¢om¢ from ¢h•rltable actl¥ltlo$ Unr•strtcted fvnd$ 2026 Unr•strlcted funds 2025 Salos TthIn charltable actlvltlos Sale of gc6 196,219 177,325 Donatlon$ and Iogacios Rostrl¢tsd funds 2026 Totsl 2025 Grants receivable 250 2026 2025 Interest recervabk8 9.811 10.073 Other Income 2026 2025 Nel galn on dispo881 of tsngible fixed assets Govemment grants 1381 2.421 2,849 2,383 2.849
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Charllabl* a¢tlvltleJJ 2026 2025 Depreciatlon and impalmient Wage8 Employe Nl Pensions Insurance and Ilcenses Light and hoat TephOne 7,809 102,161 8.401 97,131 1,242 2,541 7,548 14,265 160 6,775 12,330 121 E sj Sundry Catering and bar Maintenance and renewals Cleaning Water Waste dlspos81 Management and administration Training Independent Examinerfs fee 9,773 23.989 16.548 1,924 11,1131 50 5.092 1,558 1.950 10,619 18,271 12,313 1,619 1,529 292 4.956 588 191.511 183,325 191,511 183.325 Analysls by fvnd Unrestricted funds Restricted funds 191,261 250 191,511 For th• y•ar ended 31 March 2025 Unrestn'cted fvnds 183,325 183,325 None of the trustees lor any persons connected wth th¢m) receed any remuneration or bènefrts from the chanty during Ihe yg8r. There were no trustses, expenses paid for the year ended 31 Morth 2026 nor for the year ende<l 31 MaTth 2025 10-
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Employe•s The aveT8g8 monthty number ofempfoyees during tho year was.. 2026 Numb 2025 Number 22 12 There were no employees whose annual remuneration was more than £60.000. 10 Tmllon The Gharity 18 exompl from taxation on its activsbes because all its income is applied for tharitable PLtrp08es. 11 Tangibl• flx•d agets Flxturos and Computws flltlng8 Totsl Cost At 1 Apth 2025 Additions DispDsa 233,658 18.145 16.6081 238,167 19,323 16,608 1.178 At 31 March 2026 245,195 9.687 250,882 D•precIaon and Impalmiont At 1 April 2025 DeprecIatiC charged in the y88r Eliminated in respect of disposo18 213,627 3.247 325 216,874 7,809 16,5701 16.570} At 31 March 2026 214.541 3.572 218.113 Carrylng amount At 31 March 2026 30,654 2.115 32.769 At 31 Marth 2025 20,030 1.262 21,292 12 Debtors 2026 2025 Am)unts falling du• wlthin one y•ar.' Trade debtors Other debtors Prepaymtrnts and accrued Income 14,516 332 1,490 16,990 217 1,CQ5 16,338 18.302 11
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 13 Credltors: amounts falling du• wlthln one year 2026 2025 other taxation and sod81 sec#Jrity Trade credf£oTS other creditors Accruals and defeed Income 1,896 3,646 7,718 3,220 3.678 4.682 6,007 3,212 16.478 17,579 14 Unr•$tricted funds The (tnrestricted funds of the tharity comprise the unexppnded balances of (lonotions 8nd gfants whith are not subject to StC wndition5 by donors ond grantors as lo how they may used. These indude 89gna funds which have been set 8side out of vnrestricted funds by the knjstees for speafic Dufposes. Incomlng Rèsources At 31 March r#sources expgnded 2026 Al 1 Aprll 2025 General funds 429.102 208,413 1191,2611 446,254 Pr•vlous y•ar: At 1 Aprll 2024 Incomlng r¢sour¢•s Resourc•s At 31 March exp•nded 2025 G8n8ral funds 422.180 190,247 1183.325) 429,102 15 Rolatsd party trnnsactions Thero were no disclosablo related party trdnsactions during the year {2025- nonal. 12-
Chaylty rnglstratlon numbor 900597 (England and Wal> THAME BARNS CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
THAME BARNS CENTRE LEGAL AND ADMINISTRATIVE INFORMATION TrUe•¥ M Barnes G Clayton D Dodd5 R Gibson A Mcculloth A Sturdy Mr M Lind8ay (Appointed 13 February 2026) Charlty number 900597 Ind8p•nd•nt oxamln•r Richardsons 30 Upper High Street Thame Oxfordshlrg OX9 3EZ
THAME BARNS CENTRE CONTENTS P•ge Trustee8' report Ind8pendent ex8min8ls ret Statement of finandal activhles Balance sheet Notos to tho finanoal statements 6-12
THAME BARNS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2026 REFERENCE AND ADMINISTrATIVE DEfAILS Reglstored CharFty Numb•r 9(J)597 Prlnclpal Addr•¥• Churth Road Thame Oxfordshire OX9 3AJ The flnan¢Y81 statements have been prepared in accordan wlth the accounftng poliaes sel out in note 1 to the finanual statements and compty with the charivs goveming document. the Charitiès Act 2011 and "Accounting and Reporbng by Charities.. Ststement of Recommended practi applic8ble lo charities prepaying their accounts in alrdan wrth the FinanThal Reporting Standard applicable In the UK and Republic of Iland IFRS 102). leffectNg 1 January 20191. OblKttvK •nd actlvltles Thame Ba3 Centre w8s establi5h8d a5 a charity by lease and Trust Deed dgled 21st May 1990 tnade beN¥e8n Thame Town Coun¢il and the Diocesan Twstees l Oxford ) Limited, The PCC ol th6 Parish of Thame and the trustees app)inted at that time. The object of the centre was and stlll is to wovide a commLFnity fadlty for the pe(•le of Thamg and distrtct. The original 1#8$e expired in May 2011 and a new lease of 12 years dulalion came rnlo effact sn Decemb&r 2011. A new le888 is in the process of being finalised. Achi•vom•nts and porfom¥anc• The Bams Centre is a focal point for the town providing facilities for people of all ages and across all sections of Ihe cx)mmunty. The Goveming Body sees thelr responsibillJ&s 88 being lo encourage use of the ¢entre by tho lo1 MmUnIty whilst ensurfng that the f8dlilies at the centre are malntained to a high standard . In addition the Governing 8[ty has a tsstX)nsiIIty to make th8 centre a commercrd success wrfti any surpluses accruing in a year being reinveslod in the cenlre. In this context the Goveming Body had beèn mindfvl of the Charity Comrn1s51on's guldance on publ benefft and ensured that the Thamo Bam8 Cents conb'nued to have facilit185 available for use by the whole o)mmunity for meeting5, parties and other recre8tional activlttes with specafic proMsKJn m8d$ for focal groups whith Work %wth thè disabléd. 8lderfy and dis8dvantag•J. The day to day running of tho eentrè h8s been undertaken by Centre M8ri8ger- Mandy Mitchell - supported by a team of part lime and casual staff. with the latter assisting in providing Lzlering and serving duties at thè many functions held at the Barns Centr8. In addition to the fvnctions, there ar8 rggular and Occ8onal hiring of the V8rkxJs rooms at the centre. The trustee5 would like to place cm rec( their 8pprec4ation of all the work undertaken by the Centre Manager and Iheir support staff. Financial r•vl•w During 2025126. income from functions and room hire has in(xea8ed from £177,325 in 2024125 to £196.219 in the curr8nt year, an incraaso of £18.894. Other inrA)m& in the year (for exampl8 frorn inter8St on investments) totalw £12.4441£12.922 in 2024125 however this was mostty from Interest). The net sluS fry the curTrnt year was £17,152 compared with net sulUS in the wevious year of £6,922. During the year capital expenditure wa$ £19,323131st M8ro 2025 £8,426). As at 31st March 2026. the closing bank balance w8s £413.625131st March 2025 £407.0871. The carity aims to hokl at fea812 months of tsxpenditure in reserves at any point in time. This is equal to around £30.000.
THAME BARNS CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Structur•, gov•mance and management The charity is govemed by its governing documont, a deed of trust, and constilules an unincorpor8ted tharity. Racrultmènt and appolntment of new trusts•8 Thame Town Cwncil and St. Mary's Church each havo three trustee repr8Sontativ&s on the Goveming Body {indudlng the Town Clèrk and the Vicar of Sl. Mary's Church respecttvelyl 8nd in the first Instancts such trustee representatives woijld have their appointment proposed 8nd endonsed 818 fomial meeting of the Town Council In the case of a Thame Tovm CounrAI member and at a Parochial Church Council meeting in the case of a St. Mary's Churth nominee. Thg final mémber of the Governing Body is the Treasurer who need rtol bo a rnembBr of glther of the bodies and wouhj be appolnled by the Governing 8ody as and I)en a vacancy arises. All trustse appointm$nts have lo b8 approvwj at the subsequenlAnnual Goneral Meeling of the Thame Barns Centre. Rlsk Manag•ment The Irust8es have a duty to Klèntify ar7d *Eview th8 risks to which the charity is exw)sed and to ensure appropriate controls are in pla to provide rea80nable assurance against fraud and effor. M Baines G Clayton D Dodds R Gibson A Mcculloch A Sturdy D Gumey Mr M Lindsay (Resigned 25 November 20251 (Appojnted 13 February 20261 The truste port was approved by the B08rd of Trustees. R Glbs¢n Ttust88 Dated".
THAME BARNS CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THAME BARNS CENTRE I r¢port to the trustees on my ex8mlnaUon of the fin8ndal statements of Tharne Bam$ Cerrtre Ilhe tharityl for the year endod 37 March 2026. ResponslbllEfj¢$ Ind ba$ls of report As the trust89s of the charity you are responsibl8 for the prepar8tton of the financial slatsments in a(xordanco wrth the requSrements of th$ Chariiies Act 2011. I report in respect of my ¥xamination of tho thariws finanoal 3tstements Carried out uThJ8r 8edion 145 of the Charrlies Acl 2011. In carying out my examinatlon I have fdlowed th8 Dlrections grven by the Charfty Commission under sethon 14515llbl oflhe CharitiesAct 2011. Indep•ndent examln•rf$ $tst•ment I hav8 ¢ovnpfeted rny èxamination. I confim) that no matt8rs have ojme to my ettention in connection the examlnation giving m8 ¢3use to believs that in any matorf81 Spect.. 8(rounb'no record5 were not k8pl in respect of th8 ¢h8rity as required by section 130 of the Chwiti8sAct 2011. the finanaal statements do not accord wilti those records,. or the finanrAal statsments do not comply wth the applicable requirements ¢onceming the form and contsnt of financial statements s81 out in th8 Charrfies {ACunts and Reports) R8gul81ions 2008 other than any requirement that the financial ststsments gwe a true and fair wew. whith Is not a matter considered as part of an independent examinatlon. I have no concems 8nd have come 8¢ross no other matters in connection wlth the examln811on to whit attention should be drawn in this rew)rt in order lo enOle 8 proper understanding of the financial statements to be reached. Rachel Port•r ACA Richard$on5 30 Upper High Streol Thame Oxford5hire OX9 3EZ
THAME BARNS CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THEYEAR ENDED 31 MARCH 2026 Unmtrictod AtrICted fund funds 2026 Total 2026 2025 Note• Income and endo¥wments from: Don8b"ons and legacles Charitable ath'vities Investsnents Other income 250 250 196,219 9.811 2,383 196,219 9,811 17T.325 10.073 2.849 Totsl Ineome 208.413 250 208.663 190.247 Ex ndlturn on: Charitablo acbwti8s 191.261 250 191.511 183.325 Net Incom8 fortho y•arl Net movement In fund8 17,152 17,152 6.922 Fund balance5 at 1 April 2025 429,102 429,102 422,180 Fund balance• at 31 March 2026 446,254 446.254 429,102 The stslement of fin8nci81 activib8s indudes 011 gains and losses reco3nised in the yeor. The statement of flnandal aciivmes indu(Jes all galns and losses recognls8d In the year. AFI Income and 8xpenditure doriV8 from continuing athviti8S.
THAME BARNS CENTRE BALANCE SHEET AS AT 31 MARCH 2026 2020 2025 Notes Fixed ass•ts T8nggble assets 11 32,769 21,292 Debtors Cash at bank and in hand 12 16,338 413.625 18.302 407,087 429,963 425.389 Crodltorn.. amounts falllng due wFthln one year 13 116,4781 117,5791 Not curr•rt assots 413.485 407.810 Total ass•ts1os5 current liabllltlas 446.254 429,102 The funds ofth• charlty Unrestricted funds 14 445,254 429,102 446.254 429,102 The financi tatements were approv9(I by the thjslees on......................... R Gtbson J.i.A
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accountlng pollcl•s Charity Infor1110n Thame Bam$ Centre was established as a charity by lease and Tnjst Deed dated 21 May 1990 made b&een Thame Town Counal and the DiocesAn Trustees {Oxf¢xdl Limited, The PCC of the Parish of Thame. and the Tnjstees appointed at th8t Ilme. The prindpol address Is Thame Bam$ Centre. Churd) Road, Thamg, Oxfordshire. OX9 3. 1.1 kcountlng convondon The financl8J statemerts have been prepared in aCrdnCe with the ch8rfV5 Trust Deed, the Charfttes Acl 2011 and "Accounlng and Reporting by Charities.. Statement of Recx)mmended Prdctice 8ppli(3ble to charities prèparing their accounts in accordance with the Financial Repotlng Standard appllcable in the UK and Republic of Ireland IFRS 102)" las amendÈd for accounting ptsriod5 commencing from 1 January 2019). The chanty is a Publlc Benefft Entity as deflned by FRS 102. Th& charity has taken advanlage of the provisions In the SORP for ch8nb.es appng FRS 102 Updato Bulletin 1 not to prepa a Stslement of Cash Flows. Tho financial statements 8re piepared in sterling, vthich is the functional CrrencY of the thaiity. Monetary amounts in these fin8ncial statement$ are roun¢Jed lo the nearest £. The finanaal statement5 have been prep8red under the historical cost Cotion. The principal accixjnling policies adopted are sel out below. 12 Golng concom At the time of BpFffoving the fin8w81 statsments. th8 trustees have a r8asonable exp8Ctalk)n that the charity has adequate resour$ to ttnue in oper8tion81 exlstence for the foreseeable fijture. Thus the trustees ntinue to adopt thè 90ing concern basls of ac¢x)unting in preparlng the finanaal statements. 1.3 Charltablo funds UnTestrfded funds are avallable for use at the discretion of the trustees in furtherance of Ih8tr tharitablg edves. Restricted fvnds are subject to specific conditions by donors or grant0 as to how they fflay be used. The purposas and uses of tho r8strtcted funds are set out In the notes to the fin8nrial statements. En(Jowment fvnds arè Subject lo specrfic ex)ndition5 by donwts thal the capilal must maintained by the charity. 1A Income Income Is recognised when the tharity is legally entltled 10 4t after any perfomance condlflons have been m&L th8 amounts can b& measured rekably. and it is prithtsle that incom¥ will be receiv8d. Cash donations are recogni5ed on recelpt. Other donattons are recKJgnlsed once the th8rity ha5 been nour of the donation, unless perfomianc8 conditions requir8 dgfgrral of the amount. Income tax recoverabl8 in relation lo donations received under GIftd or deed$ of fp)venant is recognis$d 81 the time dthe donation. Leg8des are recognised on receipt OT Otherwise the c*arity ha$ been nottfied of an IMndIng distribution, the amount is known, and receipt is expected. W the amount is not kn¥n. thè legacy is traated as a conting•nt aSS8t. Tumover Is measured Bt the falr value of the eonslderation received or recervable and rèpresents amwnts r1Vable for goods and services provided in the nomial o)urse of business. net of discounts, VAT and other sabs related tax88. In the cas8 of wgddings, room hir8 is invoiced at th8 tim8 of booknng and 1$ re¢ognised in credltors. Thls 15 then recognlsed as incoming resources when the function is held.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 A¢¢ounting pollclès (Contlnued) 1.5 Exp•ndftur• Lkabilities are recognised as expenditure as s¢)on 8$ there is a legal or constructlve otllgalton committing the charity to that ewditure, tt is probable thBt 8 transfer of economic benefits will be required in setuement and the amount of the Obliga( can be measured rell8bly. Expenditure Ss accounted for on an acuuals ba518 inclu8ive of VAT where this cannot be r8daim9d and has been d8s5thed under heading8 that aggmg8te all cost related to the category. Where o)sts can not be directly attributed to parti1¥r headings they have been allocated to acts'vities on a basss consistsnl with t1 u88 of resources. 1.0 Tanglble ffxed assets Tangible fixed a&sets are initialty m8asured at cost and subsequerrtly measur8118t ojst or valuatton, nel of depreoation 8rtd arry impaimienl losses. Depredati( is recognised so as to lte off the cost or valuallon of 8ssets less thelr resldual values over their usèful Ilves on the following bases: Fixiures and fittings Comp4rters 15% $tr8ight line basis 15% 81raight line b8sis The gain or loss arising on the disposal of 8n asset is d8t8miined a5 th8 dTrT8r8nce beiween th8 S818 proceeds and the carrylng value of the 8sset, and Is rec4Jgnised In the stalement of fin8nual activities. 1.7 Impalnnent offlx•d ?$ts At each reporting ènd dale, the charity reviews the carying amunls of its tanglble assets to dotermine whether there 18 any indication Ihal those assets havo suffered an impairment loss. If any suth indication $15. recoverable amount of the asset is estimated in order to deteThine the èxtgnt of the impaimient bss lif any). 1.8 Cash and cash equlvalenls Cash and cash equivalents indude cash in hand. deposits held al call wyth banks, other short-term liquid Investments with origin81 maturities of three months or less. and bank overdrafts. Bank overdrafts are shown thin trnings In current liabilitigs. 1.9 Flnanclal Irkstrumonts The cknarity has elected to apply the provislon8 of Section 11 '8asic Financial Instruments. and Sedon 12 'Othei Financyal InstNments Issues, of FRS 102 to all of Its financial instruments. Flnandal Instruments ara recognised in the thariWs balance sheet the th8rfty bacomes p8rty to the contractual prtivisions of the InstrumenL FinancAal assets and Ilabilities are offs8t, the net amoLtnts prosented in th8 finanrial statements, when there is a 9allY enforceable right lo sel off the recognised amounts and there is an intention to settle a nel basis or to realise the asset and settle the liabtlty simultsneo*Jsly. Basle flnanclal assots Ba$1¢ financial assets, ¥thlch Indude debtors and ca8h and bank balances, are initialty measured at transacti( price including transaction costs and are subsequentty carrféd 81 amortised cost Using the effective interest method unlèss the arr8ngem•nt consts'tules a finanung transacbon. whgre the transaction is measured al Ihe present V81ue of the future receFpts disojunted at 8 marttet rate of interest. Finanual assets CL85fied 05 rece¢vable wthin one year are not amortised.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Aeeountlng Por1•• {Cortlnu Ba8lc flnanclal Ilabllhles Basic finano81 liabile5, induding creditors and bank loans are InallY recognised at transaction prffic unless the 8rrangement constitutes a finanelng transaction. Whe th$ debt instDJment is measured at the pyesent valL¢e ol Ihe ftrturo paymerts discDunted at a Maet rate of interest. Financlal ffabflitles dassffied as p8yable thin one y88r are not amortised. Debt instrum8nts aro sub5W4u8nty rathed at amortlsed cost. uslng th8 8ffocUve Intsresl rate moth(. Trade creditors are obJig8tlon$ to pay for goods or services that have been acquired in the ordinary cours8 of operations from suppliers. Amounts payable are classified as current liabilities rf payment is Mthin one year or lèss. If not. they are pseIe as non<urrent liabilities. Trade creditors ar¢ recognised initially 81 transaction price and subsequentty measured at 8mortis8d tX)81 using the effectve intere51 method. Derecognition of financial Irabilrties Financial liabilities are doracognised when the charws c£Jntra¢tual OlgationS 8xplre or are discharged cancelled. l.fo Employee benefits The cost of any unus&J hollday entTtlement is recognls8d In the perlod In whlch the empjoyee's services ar8 received. Termination benefits are reCJnised immedialety as an axp8n$g when the charity is demonstrably committed to temiinate the employment of an employee or to termination benefits. 1.11 Pension costs and othor posIrmOnt b•no15ts The charity operates a defined contribution pension schema. Contrlbullons payable to the charitys pensr scheme are chargad to the Statement of FinancAal Activilie¥ in the Feriod lo vthith thoy late. 1.12 Govornment grants Govefnmenl grants ar8 rg¢ogiijs8(l at the fair value of the 3&%el received or recèivable when thare is reasonable assuran that the grant conditions will be met and the grants will be recaived. A grant that speofies pgrfom8nce c4Jnditions Is recognlsed In Ints)me when the perfomance conditions are met. Where a grdnt does not speafy p8rforrrt8nce conditions it is recognlsed in ino)me when the proceeds are recerved or receivab. A grant received before the reccgnition crtteria are satisfied is rnIsed as a Crltlcal accountlng egtlmatss and Judgemonts In the apF41c8tion of the tharity$ a¢¢ounting w)Ilde$, the trustees are requlred to make judgements, eslmate8 and assumptions atrfyut the catyng 8mounl of assets and liabilsties that are not readily apparent frorn other sources. The estim8teS 8nd associated assurnpfjons are based on historical experlence 8nd othei factors that are cOndered to be relevant. Acbjal results may differ from these estimates. The estimates and underfytng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is vISed where the vISIon affects only that perfod. or In thg pgdod of the IOn and future pedods where the rewsion affecis both current and futur p•rio¢Js.
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 kn¢om¢ from ¢h•rltable actl¥ltlo$ Unr•strtcted fvnd$ 2026 Unr•strlcted funds 2025 Salos TthIn charltable actlvltlos Sale of gc6 196,219 177,325 Donatlon$ and Iogacios Rostrl¢tsd funds 2026 Totsl 2025 Grants receivable 250 2026 2025 Interest recervabk8 9.811 10.073 Other Income 2026 2025 Nel galn on dispo881 of tsngible fixed assets Govemment grants 1381 2.421 2,849 2,383 2.849
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Charllabl* a¢tlvltleJJ 2026 2025 Depreciatlon and impalmient Wage8 Employe Nl Pensions Insurance and Ilcenses Light and hoat TephOne 7,809 102,161 8.401 97,131 1,242 2,541 7,548 14,265 160 6,775 12,330 121 E sj Sundry Catering and bar Maintenance and renewals Cleaning Water Waste dlspos81 Management and administration Training Independent Examinerfs fee 9,773 23.989 16.548 1,924 11,1131 50 5.092 1,558 1.950 10,619 18,271 12,313 1,619 1,529 292 4.956 588 191.511 183,325 191,511 183.325 Analysls by fvnd Unrestricted funds Restricted funds 191,261 250 191,511 For th• y•ar ended 31 March 2025 Unrestn'cted fvnds 183,325 183,325 None of the trustees lor any persons connected wth th¢m) receed any remuneration or bènefrts from the chanty during Ihe yg8r. There were no trustses, expenses paid for the year ended 31 Morth 2026 nor for the year ende<l 31 MaTth 2025 10-
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Employe•s The aveT8g8 monthty number ofempfoyees during tho year was.. 2026 Numb 2025 Number 22 12 There were no employees whose annual remuneration was more than £60.000. 10 Tmllon The Gharity 18 exompl from taxation on its activsbes because all its income is applied for tharitable PLtrp08es. 11 Tangibl• flx•d agets Flxturos and Computws flltlng8 Totsl Cost At 1 Apth 2025 Additions DispDsa 233,658 18.145 16.6081 238,167 19,323 16,608 1.178 At 31 March 2026 245,195 9.687 250,882 D•precIaon and Impalmiont At 1 April 2025 DeprecIatiC charged in the y88r Eliminated in respect of disposo18 213,627 3.247 325 216,874 7,809 16,5701 16.570} At 31 March 2026 214.541 3.572 218.113 Carrylng amount At 31 March 2026 30,654 2.115 32.769 At 31 Marth 2025 20,030 1.262 21,292 12 Debtors 2026 2025 Am)unts falling du• wlthin one y•ar.' Trade debtors Other debtors Prepaymtrnts and accrued Income 14,516 332 1,490 16,990 217 1,CQ5 16,338 18.302 11
THAME BARNS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 13 Credltors: amounts falling du• wlthln one year 2026 2025 other taxation and sod81 sec#Jrity Trade credf£oTS other creditors Accruals and defeed Income 1,896 3,646 7,718 3,220 3.678 4.682 6,007 3,212 16.478 17,579 14 Unr•$tricted funds The (tnrestricted funds of the tharity comprise the unexppnded balances of (lonotions 8nd gfants whith are not subject to StC wndition5 by donors ond grantors as lo how they may used. These indude 89gna funds which have been set 8side out of vnrestricted funds by the knjstees for speafic Dufposes. Incomlng Rèsources At 31 March r#sources expgnded 2026 Al 1 Aprll 2025 General funds 429.102 208,413 1191,2611 446,254 Pr•vlous y•ar: At 1 Aprll 2024 Incomlng r¢sour¢•s Resourc•s At 31 March exp•nded 2025 G8n8ral funds 422.180 190,247 1183.325) 429,102 15 Rolatsd party trnnsactions Thero were no disclosablo related party trdnsactions during the year {2025- nonal. 12-