Company f•gi$tratlon number 05551999 (England Wal•sl Charity reglstration number 1111644 (England and Wales) THE BREN PROJECT ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE BREN PROJECT LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr M I Sholton Mr 8 Harringlon Mr D Atkinson Mr R Smith IArs D Piper Mr lan Mason (Appointed 1 M8r¢h 20261 Country of Incorporatlon Unitad Kingdom (England and Wales) 05551999 Charity reglglratlon England 8nd Wale 1111644 Prlnclpal address Nèw Scene Cènlro Limewood Close Off Newton Lane Chester CH2 2HH Reglster*d offi¢• Cholmondeley House Oee Hills P8rk Chester Cheshire CH3 SAR Indopgndent examln•r James Hafgroavos FCA Cholmondelèy Hoijse Dee Hills Park Chester Cheshire CH3 SAR
THE BREN PROJECT CONTENTS Page Tmslees, report Independenl examiner's r8FM)rt Staternenl ol financlal activltles Balance sheet Notes io the financial slalemenls 10-18
THE BREN PROJECT TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT FOR THE YEAR ENDED 3t DECEMBER 2025 Thg trusle8s'. who are also th8 directors lor the purposes of company law present the annual report and financi81 $tst8ments for the ygar end8d 31 Dec8mb&r 2025. The financial sl8tements have been prepared in accordance WIM the accoJntirg policies sel out In note 1 to the rinaneial st8tefflernls and corrply wlth the charity's Memorandum and Articlès ol Association, the Companie5 A¢t 2006 and "Accounting and Reporting by Charities.. St2temgnl ol Recommended Practice applicable to charities preparing thgir accounts in Èecordancè with tha Financial Reportin9 Standard ap1¢able in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. Objectlves and a¢tivltle$ 8ackgrourtd of the Charity The Bren Project is a Chester.b8sed ¢harily offering one-tQ-one 8upporied work placements for people with leamirng dtS8bilities and autism in Cheshlre. We are 8 reglslered ¢harily 111116441 and a company limited by guarantee 155519991. We were founded by Peter Sackett and Grant Wells in 2005, and project work began in 2007. Our Mission Statement is.. "to develop Ihe social, emotional and economlc wellbeing of leaming dlsabled and autislc people through personalised supported workpl8¢e opportunitie5 in partnership with our local community. Who We Are We have a staff team of 12, cornpri5ed ol a fulktime Charity Manager, Iwo part-time BSke Project Supetvlsors, two part lime Cafe Supervlsors, two p#rt-lim8 Project Co-ordinators, ong Finance Officer, 3 Job Coaches and 8 part- 'rne Admlnislration Assistant. We also have a irained and dedicated team of sessional Job Coaches who support beneficiaries while on placement and 14 support volunteers who work wlth our benefiriaries in our Social enterprise cycl8 workshop, We are based in Ihe Livel New Scene Youth & Community Hub in Newton, Chester. where we have our Offi and Bren 8lkes workshop. We are governed by 8 dedicated Trustee group comprised 016 indlviduals frorn a wide range ol backgrounds, with skills and axp6rience In charity rnanagernenl. project rnanagernent. disablllty Services. marketing. graphic design, inlortnation technology, quality management, fundraising and education. Our Trust885 have experignce ol managing organisalion5 in the private and voluntary sectors hav8 thè eornrnewal Èwaranass ta oversee the ¢harrty's acltwties and fvlure development. Who We Support work with pèoplè who havè18arnlng disabilltiès or auts.sm from thè 898 of 14 upwards, with no L4)pèr age limit. Our work includes young People who are experiencing Ihe Iransib"aN from education to employment, and those disab18d adults seen as 'hard-Iowreach', i.e. those excluded Irom mainstream prowsion and not accèssing vocational support 8158where. Our Bespoke Approach and Eth05 We believe that everyone has the human rlght to work an(J engage in producliwe efflployrnent. In 2025, we continue to liè the only organisation In Chester and the surrounding area that piovides the persorK£ntr8d, lully sUPPOrted service Ihat p8ople need to adequately prepare for 8mployment. We are very proud tsf our approach and confid8nl that this is what rllak85 the diff8rence lo the people th3t W8 SUPPOrt. We do not offer generic experiences. Inslead. we wcfk with individu8ls to re588rch, identfy and adapl their own pl8c&mgnl. based on their own needs. Skills and aspirations. Our philosophy is to viaw th8 supported ernployment procèss as a partnèrship bètwgen b8nèficiaries, parentslcarers. schools. businesses. voluntary and communily organisations, the public sector and olher agencies, all ol whom play Ih8ir part in making the process a 5u¢ces$.
THE BREN PROJECT TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Proj8cI Work Since our projgct delivery began in Seplembar 2007 wa havè.. worked with over 400 beneficiaries.. managed turnover totalling over £1,000,o., received funding from more than 80 funding partr¥er8'. ' engaged wlth more than 180 employer psrtners in all thi@8 sectors., fostered a wide range ol project partnars in a wide range ol industrie$', retsived 100°/o positive post-p1ament feedback from beneficiaries and treir parentslcarers. In seiting its objectiv85, the Trustees hav8 givon careful considèration to th8 Charity Commission's guidanc8 on public benefit.
THE BREN PROJECT TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Achievements and porfomkancg Signffjcant activltigs and achievements agalnst objectlves Key Areas of Work In 2025 The Charity continues to grow and strengthen what it offers to th8 bènèficiariès who ramairi at thè eore ol our charitable purpose. The number of placements lintemal and exiernall in 2025 represented an 811-time COrd. which is a tastamènt tts tha hard work and locus ol both our amploy&d staff and votuTrlogrs. The timescale for thè planning and18unch of Brèn Brews excoedad all 8xpectations due to the excertional efforts of a11 irFvolved bul particularly Trustee Laura Dooley and Charity Managèr Andy Ashford. We wanl lo thank Laur8 now shè has $t8pped down as a Trustee to allow her to take on th• part-timè paid ptssitio# as Man8ger of tha café project. Wè werè also dèlighted to r8cruil an extremely Capable Cale Managgr, Jan Halbws. axperienced in both calé management and offering workplace opportunities to less-advanlaged groups. Bren Bikes continues lo operate al a high laval despite its awkward physical restraints in the Livel building. The wonderful 10th anniversary celebration of their WCTrrk was a great chane8 to bring together staff, volunlèars and benefiaaries, lo recognize IheiT achievements, Particu18r mention has to go to our mechanics, Steve Fidler and Rich Bulkeley, and the amazing crew of"Brgngineers'. We particularly enjoyed Pete Sackett's account of $gttiThg up 8ren 8ikes when he was Charity Manager. Again, thanks to Laura Dooley. Andy Ashford. Kerry McEvoy John Glendenning for organizing such a special day. And Ihanks to the Grosvenor Estale for granting us free use of their h05Pltality facility. The project to replaco the Livel building is still 81 an ernbryonic stage and change is unlikely io happen in anything less than a >5 year timesc81è. However, we may be dr8wn into planning discussions wdl before that. Vve were pleased to welcome lan Mason as a new Trustee. His leg81 background will be a valuabk addition lo the Board's breadth of expertise. The irnp)rlanl role played by Trustees is often overlooked. Whilst they may noi havè the same 'vi3ibility' as Other volunteers (often because they are still working in fultiMe jobs themselves), the unevanrful, sm¢)oth runnlng of the ch8rlty Is testsment 10 the careful overslght ol all aspects of the charlty's functjon that they malntain. It was disappointin9 that rernedial fire safely works at Kirigswood meant Ihere was no progress on the bistro proj8Ct in 2025, However, Your HousSng have SndSeated thai works Sho1 bg completed by early 2026, so we will re evaluate our posillon when 11 materlalSzes as a real prospect. There could bè considerable synergy between the café and 8 bistro at Kingswood, in temis ol beneficiary pl8cements, and our healthy financiol position means we can consld¢r wnniNg both, due to ¢he succe5slul ftjndralslng activities which continued In 2025. We belleve that our Charfty 13 in an excellent position to make eontlnued progress in delivering our charitable aims In 2026. Staff, volunteers and Trustees all approach issues with a'can do, attitude which bodes well for th8 future ol the charity and the wellbelng ol those we aim to help. Small eompany provisions This report has been prepafyd in accordance wrth the provisions applieAblè to Companies enbtled to thè small cornpanies exemption.
THE BREN PROJECT TRU5TEES' REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Flnancial review Wg génèrated a tot81 of £269,161 incumÈ in 2025. Expendlture: Wa have delivered our services as anlicipaled. to budgat. 18king into a¢Unt the IYear changès to income which alknw&d us 10 increase our budget and expenditurè accordingly. Our op8rating gxpenditura for 2025 stands al £273,665. Our balanea of funds carried forward as at 31 December 2025 stands at £337,598. Resgnvs policy A balance of £337,595 15 held as our reserve fL¢nds,all ol wthich is unrestrlcted. Thls Is in Ilne with our policy ol maintaining al least 6 months runnlng costs at all tirn8s in case of Sssue or wlthdrawal from a major funder. We have 8150 desigllaled much of the reserves lo a new project. Plans forfuture periods Oevglopmgnt plans in 2026. LookÉng forward to 2026 the Charity will.. Grow tha numb8T ¢1 benefirjaries hdped by our charity. Mainlain adeouale reserves as the Bren Brews projeet matures and seek to grow the volunteer capacity lo support our delivery. Mainlain our engagement with Your Housing re the Kingswood café developmtsnt. Trustees to weigh up the proslcons il and when a firm offer malerialisos, particularly in relation to the charity's legal structure and staffing e8pacily, in order to cope with the incrèased scale and complexity of this project. Conllnue lo approach trusts aN<J foundations to support our work. Struetiiroi govgrnanc• and managament Th8 charity is a company limitèd by guarantae as dafin6d by the Ctsmpani&$ Act 1985 and controllad by its Memorandurn and Articles OlAssoclK)n, . Th8 trustees, who are 3150 the director$ lor the purpos8 DI company law, and who sèrv8d during the year and up lo the date ol signature of th8 financial ststements were.. Mr M I Shotton Mr B Harrington Mr D Atkin30n Mr R Mayne Mr R Smith Mrs D Piper Mr lan Mason (Resigned 29 October 20251 (Appointed 1 March 20261 Recwitment anrl 8ppoinlrnent of twstees Membership is open to individuals or organisalitsns whieh apply to the charity in the form rèquired by the trustees as set out in the governing document. All new staff shall follow the guidèlinès laid out in the recruilment and selection licy.
THE BREN PROJECT TRUSTEES, REPORT (INCLiIDING DIRECTORS. REPORT) {GONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Tha truste6s' report w8$ 8pprov8d by the 808rd of Tmst668. Mr B H8rrington Trustee 2 June 2026
THE BREN PROJECT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BREN PROJECT I report to th8 trustees on my 8xamination of the financial statements of Thè Br8n Project Ilhe chaTItyI for the year ended 31 Dec8mb8r 2025. R¢sponslbllltles and basls of rèport As the trustees of the charity land also ils direclors for the purposes ol company 18wI, you are responsible for the preparation of the financial statements in aceordaneé with the requirements ol the Companies A¢1 2006. Having satisfied mys8W that the financial statements of thè charity afy not required lo be audited under Part 16 01 th8 Companiès Act 2006 and are eligiNe for independent examination, I rèport in Tgsp8cI ol my oxamination of the charity's financial statèmènts Carried out under section 145 of the Charities Act 2011. In Carrying out my examination I have Idlowed the Directions given by the Charity Commission under section 14515llbl ol the CharitiesAct 2011. Ind•p?ndent examinerfs $tat¢menl Since the charity's gross Incomè exceeijed £250,000, the Independenl examlnar must be 8 mgmber of a body listed In section 145 of the Charities Act 2011. 1 confim that l arn qua5ified to undertake the examination because l am a member ol ICAEW, which is one of the Ilsled tiodles. I have completed my examination. l eonfimi thal no matters have come to my attention in ¢onneclK)n wth Ihe gxamin8lson giving me cause lo believe thst in any rnaterial respecl.. accounting racords warè not kept in respect of the charity as requirad by section 386 of th8 Companiès Acl 2006. the financial stat8rllenls do not accord with those records.. or the financi81 slalements do not comply with the accountlng requirements of sectson 396 01 the Companies Act 2006 othèr than any requlrement that Ihe flnancial slatements glvè a true and lalr view. which Is ncl a maltèr considered a5 part of an independent examination.. or the flnancial statements have not been pparer1 in accordance with the rnelho¢Js and principles of tre Statem&nt ol Rècornrnended Pra1 for accountSng and reportlng by charities applicable to charitSes preparlng their financial statements in accordance with the Financlal Reports'ng Standard applicablo in the UK and Reputsllc ol Irdand IFRS 1021. I h8ve no concerns and have come across no other matters in Comnèclion with the exarnlnation to which attention $hguld be drawn in this report in ordor to onabla a proper understandn9 of the financial statements to bp rgached. Jam•s Haryr•av•s FCA Cholmondeley House Dee Hills Park Chester Ch8shire CH3 SAR 2 June 2026
THE BREN PROJECT STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME ANO EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2025 Unrostrlctgd funds 2025 Unrostricted funds 2024 Notss Incomo from.. Donaliolls and legacles Charilable activities Investments 115.629 150.175 3,357 126.968 130,950 2.342 Total Incom• 269,161 260,280 Expendlture on.. Ch8ri18ble activities 271,074 222,826 Total exp8ndi¢ure 271,074 222,826 Nel incomellexpenditurel and movement in funds 11,9131 37,434 Reconciliatlon of fvnds.. Fund balanS al 1 January 2025 342,099 304,665 Fund balancos at 31 D•cembèr 2025 340,186 342,099 The statement of linanoial 8Otiviti6s inelud&$ 811 g&in8 and losges recognised in the year. All incom8 and expanditu derive trorn continuing a¢liviti&s. The not85 Orn pages 10 10 18 fomi part ol these financial statements.
THE BREN PROJECT BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Not•s F5xèd assgts Tangible assets 11 7.040 417 Current assets Debtors Cash at bank and in hand 12 81 340,777 82 345.380 340,858 345,462 Creditors: amounts falling due wllhln onè yoar 13 17.7121 13.7801 Net current a88ets 333,146 341,682 Totsl ass$ts less current liabilltles 340,186 342,099 The fund5 of the charlty Unrestricted funds 15 340,186 342,099 340,186 342,099 Thé notès on pagos 10 tg 18 form part of these financial statgments. The company is antitled to thg ex8mption from the audit r8quiTgment contained in sectlon 477 01 the Companigs Act 2006, lor the year ended 31 Decembèr 2025. The directors acknowledge their responsibilities for complying vAlh the requiremgnts of the Companiès Act 200fj wh r85pect lo accounting records and the preparation of financial statements. The members hove not required tre Company to obtain 8n audit of its financial statements for the year in question in accordance with sèction 476. Thèse finanaal slaiernents havg b98n prep8r8d in accnrdanc8 with the provisions appli¢8ble to comp8ni&s Subjéct lo th8 small companies regime. The financial statements were approved by the trustees on 2 June 2026 Mr B Harrington Trustee
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DEGEMBER 2025 Accountin9 policieB Charlty Informatlon The Bren Project Is a private company limit8(J by guarantee incorporated in England and Wales. The re9lStered oflice is Cholmondeley House, Dee Hills P8rk. Chester, Cheshire, CH3 SAR. 1.1 Bas18 of pr•paratlon The financial statement5 hav8 been preparad in accordance wlth the charlty's Memorandum and Artldes ol Association. the Ctsmpanies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 1021 and ths Charities SORP 'Accounling and R8porting by Charit18s'. Statern8nt of Recomrnended Pracbce applicable to chariiies preparing their account5 in accordance with the Financial Reporting Standard applicable in th8 UK and Republic ol Ireland IFRS 1021" lèffèctivè 1 January 20191. Th8 charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantagè ol th8 provisions in tha SORP for charities not to prepare a Statallènl ol Cash Flow$. The financial statements arè pr8p8r8d in steding, which 18 th8 ftjnctional currency ol the charity. Monetary amounts in these financial statements are rounded to tho nearost £. The finan¢ial ststements have bgen prepared under the historical cost convenlion. Th& prlndpal accounting policies adopted are set out below. 1.2 Golng concern At the timè ol approving thè finanaal stst8mènts, trusle8s have a reasonable expectation that the charity has adequate resources lo eontinue in operational axistanca for the foreseeable future. Thus the trteeS continue lo adopt the going concern basis of accounting in prèpar¢ng lh8 financial slatgmenls. 1.3 Charltable funds Unrssiriclèd funds ar? available for us8 at th& di8cretion of the trustees in furtherance of their charilable objeclives. Restricted funds are subject lo specific wnditions by donors or grantors as to how they may P)e used. The purpos8S and uses of th8 rèstrict8d funds are set out in th8 notes to the financi81 statements, Endowment fund5 are subject to specific condilions by donoys that the capital mijsl be maintained by the charity. 1.4 Income Income is recognised when the tharrty is legally entitled to It after any performance cixMlIts"ons have bÈ8n rnet, Ihe arnounts can be measured rellably. and 11 is probable that Income will be receSved. Cash donations are recognised on r6ceipt. Other donations are reeognised once the charity has been nolifiad ol the donalion. unless p8rformanc8 condilions requirg dgferral ol thg amount. Incomo lax recoverable in relation to donations r8ceived under Gift Aid or d8eds of covenant is recognised at the lime ol the donation. Legacies are recognised on receipt or otherwise if the charity has been notified ol an impending dtstrlbution, the 8rn0unt 15 known, 8nd recelpt is expected. 11 tho arnount Is not known. the legacy is treated as conting8nl asset. 10-
THE BREN PROJECT NQTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Aeeountin9 poliei•* IContinuèd} 1.5 Expendlture Exp8ndilure is recognlsed once thèr8 is A logal or constnJctive obligation to Ir8nsf&r è¢onomic banefit to 8 third pariy, il is probable that a translar ol economic benefits will ba r8quir8d in s$ltlÈrn8nl, and thè amtyjnt ol the obligation can be measured reliably. Expenditure is elassified by 8etivity. The costs of eèch activity are rnade up of the total of dIrt cosis and shared costs, including support costs involved in undertaking each 8Ctivity. Direcl costs attribulable to a sir¢gle activity are allocated directly lo thai activity. Shared costs which contrlbute to more than one aellvlty and support costs whlch are not altributable lo a single activity are apportioned betwetrn thos& 8Ctlvitles on a basés consistent with the use of resourc95. Central stalf costs are allocated on the bègis of time spent, and depre¢lation ¢harges are allocated on the porllon of the asset's u58. 1.6 Tanglble lixtd a$$¢ts Tangible fixed assets are initially meaSUd al cost and sUbseqUenY measured at eost or valuation. net ol dopr8ciation and any imp8irment losses. Depre¢iation is recognised so as lo write off the cost or valuation of assets less their SIdUal values over thelr useful lives on the loH¢)wing bases.. Fixtures and firtin95 Computers 250/0 reducing balance 33°/o straht Ilne The gain or loss arising on the disposal of an asset is determined as thè differ8nca bètweèn tha sa18 procèads and the carrying value of the asset, and is recoonised in the statement ol financial activities. 1.7 Impalrmont of flxed ass•ts At each reporting end dale, the eharity rèviews Ihe carrylng amounts of IÉS tangibla a$$èts io dèiemine whether there is any indication that Ihose assets have suffered an impairment loss. If any such IndatIOn exists. the recoverable amount ol the asset is esty'mated in order to determine Ihe extent ol the impaiment loss lif any). 1.8 Cash and $h •qulvalents Cash and oash equivalents Indude cash in hand, deposits held at call WI bank5. Other short-lerm liquid investments with Original rnaluritie5 Df three months or less, and bank overdrafts. Bank ov8rdrafts are Show within borrowlngs In current liabllifjes. 1.9 Financial instruments The charity has elected lo apply th8 provisions ol Section 11 'Basic Financial Instruments. and SeclFon 12 'Olher Financial Instruments Issues, ol FRS 102 lo all ol ils financial instruments. Financial instruments are recognised in lh8 charily's balance sheet when the ch8rity beco party to the contraclual provisions of thè instrum8111. Financial assets and liabilities are offset, with the net amounts prèsented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultsneously. Basle flrtanclal as$•ts Basic fin8ncial assets. which incde debtors and cash arsd bank balancgs. are initially rneasured at tr8n5a¢tion pri¢¢ including Iran3a¢tion costs and 8re subsequently carried al 8mortised ¢05t Using the effective inrèrèst mathod unless the arrangement constitutès a finan¢ing transaction. whère thè transaetion is measured at the present v3lue ol the future réceipts discounted al a mark8t ratè of Intèrest. Finanaal assats clagsified as rocaivable within on& year arts not amortiseiJ.
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng policies Icontirtuèd) Basic financial liabtlities 8a5ic financial liabilities, induding crodilors and bank loans are inltially rècognisad at transaeuon prica unbs8 Ihe arrang8mènt constitLrtès 8 financing transaction, where the debt instrument is mèasur8d at the pr65ènt valu6 of the future paymenls dlseounted ai a markei rate of inleresl. Financial liabllilies dassified as payable within one year are not amortised. Debl instruments are subsequenlly carried at 8mortised cost, using the èffectivè interest rate mèlhtsd. Trade u•dltor$ arg Obl¥ton$ to pay for g0(KJ$ gr sÈrvic83 that have been acqLtlred In the ordinary course of operations from suppllèrs. Amounts payable are classlffied as current liabilities il payment is dug within one year or less. If not, they are presented a5 non<urwnt Ilabllllles. Trade creditor5 are recognised Inikn'ally at tr8nsa¢tion price and subsequently Measured at amortised cost using the 8ff8Ctive Inter8St rnethod. Derecognition offin4ncièl liabiliti+$ Financial liabilities are derecognised when the charity's contractual obligations oxpirg or arè discharged or cancelled. 1.10 Employ¢e b•neflts The cost of any unLJsed hollday entlllement Is recognl$8d the period in whith the employee's services are received. 1.11 Retiremgllt ben Paymenls to dalinad contribution ratlramènt banafit schèmas Arè ch8rggd as an 8XP8n88 as they fall due. Crl¢l¢al ac¢ountlng estlmates and judgements In the application of the ¢h8rity'$ 8ccounting policies, the trustees are required to make judgements, esbmales and assumptions about tha carrying amount ol assèts and liabilili&s that are not readily appafenl from olher sources. The estimates an(J associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these esllmates. The estimates and underlying a8sumptlons are revlewed on an ongolng basls. Revlslons to aCnting estlmate5 are reoogni5ed in the period in which the estimate is revised where the revision afferts (lY that period. or in the perlod of the revlsion and futur8 peilods where the revislon affect5 both current and tUre periods. Income from donatlons and19gaci•$ Unrestricted lunds 2025 Unrestrlcted funds 2024 Donations and gifts Grants 23,746 91,883 15.075 111,893 115,629 126,968 12-
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Income from donation$ and legacles IContinu•dl UnrBstrlct•d fund$ 2025 Unrestrlcted funds 2024 Grants Other 91,883 111,893 91,883 111,893 Incom• from charltabl• artlvlt195 Unrestricted funds 2025 Unregtrleted fund8 2024 Bren Blk•s Sale ol good5 and services 145.798 130.950 Bren 8rgWS Sale ol goods and serVIS 4,377 150.175 130.950 Incom• trom tnve$tment$ Unr•slrlct•d Unrestrlcted fund funds 2025 2024 Interest receivable 3,357 2,342 13
¢D Jryr J N Or ¢n In o) r DJ cc c I e)0 v uiro J o LL Ou)0 co CL r¥ x x x x o) 0> CL CL x x x o) vj ro ¢0 OJ £L uu uo)u(J L)u ¢Ju
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support costs allo¢atgd lo activities Total 2024 Gov&m0nce 2.885 2025 2024 Gov8rnan¢• costs comprls•'. Indpend8ni 8xamin8r fee Oth6r financial services 2,049 836 2,885 Trustees None of the trustees lor arby persons connected with thernl received any remuneration or bènefits from the charity during the year. Employe•s The average monthly number of employ during the year was.. 2025 Number 2024 Number Employment ¢osls 2025 2024 Wag$s and salari8S Social security costs Other pension ¢osts 159,304 7.695 5,646 128,250 6,190 5,289 172,845 139,729 Thera wèrè no èmployaès whose annual remuneration was mora than £60,000. 10 Taxallon The charity is exempt from taxation on Its •ctlvltiè8 be¢ause all its Income Is applied lor charitable purpos&s. 16
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 11 Tangible fixed assets Flxturos and flttlThgs Comput•rs Totsl Cost At 1 January 2025 Addillons 6,202 6.202 8,623 6,124 Al 31 Doc8mb8r 2025 6,124 6,701 12,825 Dtprèelatlon and Impalrment Al 1 January 2025 5,785 5,785 At 31 December 2025 5,785 5,785 Carrying amount At 31 December 2025 6,124 916 7,040 At 31 December 2024 417 417 12 D•btors 2025 2024 Amounts fajllng du• wlthln ona yèar: OthÈr dèbtors 81 82 13 Cr¢dltors: amounts falllng due wlthln one year 2025 2024 Other iaxalion and Social 8ecurity Accrua15 and deferred incorn8 4,278 3,434 220 3.560 7,712 3,780 14 R•tlremont tsenofrt B¢h•mo6 2025 2024 Defin8d tontrlbution 6¢hemes Charge to profrt or k)s5 in respect ol d8fined contribution scheme5 5,846 5.259 The charity tsperètes È defined contribution pension scheme for all qualifying employees. The asstris of the scheme are held separately from those ol charity in an independenuy adrninislered fund. 17
THE BREN PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 15 UnreBtri¢¢ed fund8 Tho unrèstrfcted fund5 of the charfty comprise the unexpended balances of donatlons and grants which are not subject tri spelIC conditions by donors and grantors as io how they may be used. These include deslgnaled funds whlch havè beèn set aside out of unrestricted fvnds by the Irustees for speciflc purposes. Al 1 January 2025 Incorning resoure¢$ Resourcès expendèd At31 Dècember 2025 N8w Projed Designated Funds General Funds 150,987 191,112 4.158 265,003 130,0001 1241,0741 125,145 215,041 342.099 269,161 1271,0741 340,186 pr]0U5 ygar.. At 1 January 2024 Incomlng r¢$ources Re50urce$ 8xpènd¥d At31 December 2024 New Project Designated Funds General Fund$ 150,987 153,678 150,987 191.112 260,260 1222,8261 304,665 260.260 1222,8261 342,099 18 Rolatod party Iransactlon5 Ther8 were no dlsclosable r8latad party transactions during the year12024- none). 18-