Charity Accounts Intelreading the accounts so you don’t have to

The Barnes Fund

Registered charity 200103 · accounts filings on the Charity Commission register · also known as BARNES WORKHOUSE FUND

A grant-making charitable trust for the benefit of residents of Barnes, the objects of which are the relief of poverty, relief for the elderly, the relief of distress and sickness, the provision of facilities for recreation and leisure and education. The Walsingham Lodge Trust, a subsidiary charity, provides almshouses for older Barnes residents.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£811k
Latest spending
£714k
Registered
1961
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit after governance costs for the main fund, resulting in a planned use of reserves to address community challenges during a period of high inflation. However, the linked Walsingham Lodge Trust generated a significant surplus, and the overall net assets of the charities increased to £14.8 million, driven largely by gains in the market value of investments.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient level of reserves... to meet requirements for future unplanned, or foreseeable cyclical, maintenance needs (held: £3.2m)
“Trustees follow Almshouse Association recommendations for building and maintaining a sufficient level of reserves in order to meet requirements for future unplanned, or foreseeable cyclical, maintenance needs.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity bears the costs of the corporate trustee, including reimbursing directors for expenses incurred on charity business.
“The amount paid by The Barnes Fund in the year amounted to £1,320 (2023: £1,320).”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The Barnes Fund (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£811k
Total spending
£714k
Reserves (reported)
£3.2m
Employees
2

Reported reserves equal ~54.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (57% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Richmond Upon Thames

Income and spending

Financial year endIncomeSpending
31/12/2024£811k£714k
31/12/2023£778k£722k
31/12/2022£725k£955k
31/12/2021£703k£768k
31/12/2020£722k£806k

Common questions

Is The Barnes Fund financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a deficit after governance costs for the main fund, resulting in a planned use of reserves to address community challenges during a period of high inflation. However, the linked Walsingham Lodge Trust generated a significant surplus, and the overall net assets of the charities increased to £14.8 million, driven largely by gains in the market value of investments. Its FY2024 accounts were audited by Xeinadin Audit.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
LOCAL TRUST1£386k
GREATER LONDON VOLUNTEERING1£121k
FEEDING BRISTOL1£55k
THE HISCOX FOUNDATION1£23k
CORAM LIFE EDUCATION1£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COMMUNITY BARNET.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Barnes Fund£811k—0unclear—no doubt
COMMUNITY BARNET FY2025£1.6m—0unclear—no doubt
THE FITZWILLIAM WENTWORTH AMENITY TRUST FY2025£2.1m—0below—no doubt
THE EARL OF SOUTHAMPTON TRUST FY2024£181k—0above—no doubt
FOWLER SMITH AND JONES TRUST FY2025£764k—0below—no doubt
BRISTOL CHARITIES FY2025£2.9m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.