**REGISTERED CHARITY NUMBER: 1081979**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 5 April 2025**
**for**
## **THE J & M BRITTON CHARITABLE TRUST**
Mitchell Glanville (Bristol) Limited c/o MGB Accountants - Suite 22 Trym Lodge, 1 Henbury Road Westbury-on-Trym Bristol BS9 3HQ
**THE J & M BRITTON CHARITABLE TRUST**
**Contents of the Financial Statements for the year ended 5 April 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|10|
|**Detailed Statement of Financial Activities**||11||
**THE J & M BRITTON CHARITABLE TRUST**
## **Report of the Trustees**
## **for the year ended 5 April 2025**
The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purpose of the charity is to make donations out of income or capital to charities and to individuals for educational purposes and for the relief of poverty.
The emphasis is on the Bristol region.
## **Public benefit**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and setting its grantmaking policies.
1
**THE J & M BRITTON CHARITABLE TRUST**
## **Report of the Trustees**
## **for the year ended 5 April 2025**
## **OBJECTIVES AND ACTIVITIES Grantmaking**
The following grants were paid out during the year
|**OBJECTIVES AND ACTIVITIES**
**Grantmaking**
The following grants were paid out during the year|||
|---|---|---|
||**2025**|**2024**|
|**Grants paid to institutions of £1,000 or more:**|||
|1625 Independent People|||
|Ablaze||2,500|
|Alabare Christian Care||5,000|
|APE Project||2,000|
|Baby Bank Network||3,000|
|Badminton School|2,000||
|BAND||2,440|
|Borderlands|3,000||
|Brentry and Henbury Children||3,150|
|Bristol After Stroke|||
|Bristol Music Trust|20,000|5,000|
|Bristol Noise|5,000||
|Bristol Refugee Rights||5,000|
|British Red Cross||2,000|
|Brunelcare|1,000||
|Church Army||3,000|
|Clic Sargent|5,000||
|Clifton Childrens Society||2,500|
|Clifton College|5,000|5,000|
|Community Connexions||4,000|
|Community Initiatives South||5,000|
|Crackerjacks Childrens Trust|1,800||
|DentAid||3,000|
|Dressability||1,000|
|Empire Fighting Chance|5,000||
|Engaged Now||6,000|
|Friends of Friendless Churches|1,000|1,000|
|Friends of Westonbirt|5,000||
|G11 Community Project|3,000||
|Gloucestershire Society|1,000|2,000|
|Great Western Air Ambulance|5,000||
|Home Farm Trust||1,000|
|IT Schools Africa||2,000|
|HMSC Limited||2,000|
|Home Farm Trust|1,000||
|Housing matters|3,000||
|Kinergy||5,000|
|Kingsmeadow||5,000|
|Life Cycle||2,000|
|Life Skills Learning||4,000|
|Live Music Now||3,000|
|Macula Disease Society||1,000|
|Matthew Tree Project||5,000|
|Multiple Sclerosis Society|5,000||
|National Association of Almshouses||2,500|
|One 25||2,000|
|Parkinson's Disease Society||3,000|
|Penny Brohn Cancer Care||3,000|
|Period Friendly Places|3,000||
|Project Mama||4,000|
|Prisoners Advice Service||2,000|
|Relate|3,000||
|Re-work Limited||2,000|
|RNID||2,000|
|Salvation Army|1,000|1,000|
|Samaritans||5,000|
|Sixty One||4,000|
|Stand Against Violence||3,000|
|St Anne's Church Syston|1,000||
2
**THE J & M BRITTON CHARITABLE TRUST**
## **Report of the Trustees**
## **for the year ended 5 April 2025**
## **OBJECTIVES AND ACTIVITIES**
|**OBJECTIVES AND ACTIVITIES**|||
|---|---|---|
|St Werburgs City Farm||5,000|
|The Collegiate School|2,000|2,000|
|The Key||5,000|
|The Sofa Project||2,000|
|Unseen|5,000||
|Venturers Trust|1,700||
|Voices||2,000|
|Willow Foundation|3,000||
|Winston's Wish||2,000|
|Womens Work L:ab CIC||3,000|
|Young Cares Development||2,000|
|Zvandiri Organisation|21,000||
|**Grants of £1,000 or less:**|||
|For charitable and educational purposes|38,200|36,000|
|**Total**|**150,700**|**185,090**|
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
In accordance with the objectives of the charity, donations are made initially out of the investment income arising during the year and to the extent the Trustees consider appropriate, thereafter out of capital. Donations in the year totalled £150,700 (2024: £185,090).
## **Grantmaking**
The trustees meet regularly to consider what grants they will make and to review any feedback they have received. Nominations for grants are elicited by formal and informal means.
## **Reserves policy**
The trustees have established the levels of reserves as far as possible to meet the ongoing funding requirements of the charity.
The long term income of the charity is derived from the portfolio of investments held by the charity. During the year the charity's reserves decreased by £186,671 to £3,579,475. The trustees are satisfied that the portfolio of investments will continue to secure sufficient income to meet its charitable objectives.
## **Investment policy**
The investment policy for the charity is to generate a reasonable level of income at average or above average market yields and to maintain the real value of the capital invested if possible.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is governed by its governing document, a deed of trust dated 25 April 1960, and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1081979
## **Principal address**
Whitecroft 3A Merlin Haven Wotton-under-Edge Gloucestershire GL12 3BA
## **Trustees**
A F Bernays A H Bernays C Duckworth R O Bernays R E J Bernays L Gledhill
3
**THE J & M BRITTON CHARITABLE TRUST**
## **Report of the Trustees for the year ended 5 April 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner**
Mitchell Glanville (Bristol) Limited c/o MGB Accountants - Suite 22 Trym Lodge, 1 Henbury Road Westbury-on-Trym Bristol BS9 3HQ 19 January 2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..............................................................................
R E J Bernays - Trustee
4
## **Independent Examiner's Report to the Trustees of The J & M Britton Charitable Trust**
## **Independent examiner's report to the trustees of The J & M Britton Charitable Trust**
I report to the charity trustees on my examination of the accounts of The J & M Britton Charitable Trust (the Trust) for the year ended 5 April 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns 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 the accounts to be reached.
P J Clarke
Mitchell Glanville (Bristol) Limited c/o MGB Accountants - Suite 22 Trym Lodge, 1 Henbury Road Westbury-on-Trym Bristol BS9 3HQ
Date: ............................................. 19 January 2026
5
**THE J & M BRITTON CHARITABLE TRUST**
## **Statement of Financial Activities**
## **for the year ended 5 April 2025**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
2
**Total**
**EXPENDITURE ON**
**Charitable activities**
Grants payable
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|2025
Unrestricted
fund
£
344
76,303
76,647
176,310
(87,008)
(186,671)
3,766,146
3,579,475|2024
Total
funds
£
1,350
91,125|
|---|---|---|
|||92,475|
|||208,673|
|||190,550|
|||74,352
3,691,794|
|||3,766,146|
The notes form part of these financial statements
6
**THE J & M BRITTON CHARITABLE TRUST**
## **Balance Sheet**
## **5 April 2025**
|Notes
**FIXED ASSETS**
Investments
5
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
**TOTAL FUNDS**|2025
Total
funds
£
3,494,169
86,386
(1,080)
85,306
3,579,475
3,579,475
3,579,475
3,579,475|2024
Total
funds
£
3,681,524
85,702
(1,080)|
|---|---|---|
|||84,622|
|||3,766,146|
|||3,766,146|
|||3,766,146|
|||3,766,146|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. R E J Bernays - Trustee
The notes form part of these financial statements
7
**THE J & M BRITTON CHARITABLE TRUST**
## **Notes to the Financial Statements for the year ended 5 April 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
As a charity, The J & M Britton Charitable Trust is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its chargeable objects.
The trustees are able to reclaim tax that has been suffered at source on their investment income.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|Dividend income
Interest income|2025
£
66,524
9,779
76,303|2024
£
70,759
20,366|
|---|---|---|
|||91,125|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
No remuneration is drawn by the Trustees
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
8
## **THE J & M BRITTON CHARITABLE TRUST**
## **Notes to the Financial Statements - continued for the year ended 5 April 2025**
|**4.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Grants payable
Net gains on investments
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**5.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 6 April 2024
Additions
Disposals
Revaluations
At 5 April 2025
**NET BOOK VALUE**
At 5 April 2025
At 5 April 2024
There were no investment assets outside the UK.
Cost or valuation at 5 April 2025 is represented by:
Valuation in 2025
Cost|Unrestricted
fund
£
1,350
91,125
92,475
208,673
190,550
74,352
3,691,794
3,766,146
Listed
investments
£
3,681,524
2,381,933
(2,482,280 )
(87,008)
3,494,169
3,494,169
3,681,524
Listed
investments
£
(87,008)
3,581,177
3,494,169|
|---|---|
9
**THE J & M BRITTON CHARITABLE TRUST**
**Notes to the Financial Statements - continued for the year ended 5 April 2025**
## **6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
|2025|2024|
|---|---|
|£|£|
|1,080|1,080|
## **7. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 5 April 2025.
10
## **THE J & M BRITTON CHARITABLE TRUST**
|**Detailed Statement of Financial Activities**
**for the year ended 5 April 2025**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Legacies
**Investment income**
Dividend income
Interest income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Investment manager's fees
Grants paid out
**Support costs**
**Finance**
Bank charges
**Governance costs**
Sundries
Accountancy and legal fees
Total resources expended
**Net expenditure before gains and losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**Net (expenditure)/income**|2025
£
344
66,524
9,779
76,303
76,647
24,272
150,700
174,972
90
168
1,080
1,248
176,310
(99,663)
(87,008)
(186,671)|2024
£
1,350
70,759
20,366|
|---|---|---|
|||91,125|
|||92,475
20,554
185,090|
|||205,644
65
804
2,160|
|||2,964|
|||208,673|
|||(116,198)
190,550|
|||74,352|
This page does not form part of the statutory financial statements
11
|REF. NUMBER
**BTDKY-PF49N-H9JBA-7MKYA**
DOCUMENT COMPLETED BY ALL PARTIES ON
**21 JAN 2026 14:47:47**
**UTC**
**SIGNER**
**TIMESTAMP**
**SIGNATURE**|
|---|
||
|**ROBERT BERNAYS**
EMAIL
**ROBERTBERNAYS@YAHOO.COM**
SENT
**17 JAN 2026 12:28:23**
VIEWED
**21 JAN 2026 14:41:25**|
|SHARED VIA
**LINK**
SIGNED
**21 JAN 2026 14:42:16**
IP ADDRESS
**92.234.31.23**
LOCATION
**BRISTOL, UNITED KINGDOM**|
||
|**PAUL CLARKE**
EMAIL
**PAUL@MGB.EMAIL**
SENT
**17 JAN 2026 12:28:23**
VIEWED
**21 JAN 2026 14:47:34**
PaulClarke|
|SHARED VIA
**LINK**
SIGNED
**21 JAN 2026 14:47:47**
IP ADDRESS
**213.129.74.45**
LOCATION
**BROXBOURNE, UNITED KINGDOM**|
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