BRAINBOX
Trustees Report and Financial Statements For The Year Ended 31 March 2021
Charity No. 1141250
Legal and Administrative Information
Name: BRAINBOX Reg'd Charity No: 1141250 Trustees: John McConville (Chair) Alan Routledge (Treasurer) - resigned 31/12/2020 Lynn Jones (Secretary) Graham Light Jonnie Clark Address: Sandyletch Longhorsely Morpeth NE65 8QN Bankers: Barclays Bank Independent Examiner: David Belk F.C.I.S. 4 Harton Lane South Shields NE34 0EF
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Trustees' Annual Report For the year ended 31 March 2021
Structure
The charity registered as a charity on 8th April 2011 Trustees for the financial year are listed on the previous page.
Trustees are recruited by invitation, from local voluntary agency advertisements and from within our membership and are a mix of professional, volunteers and beneficiaries. beneficiary and volunteer Trustees.
None of the trustees has any beneficial interest in the charity and has no business interests linked to the charity. All trustees are members of the charity.
Governance and Management
charity.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that the systems are in place to mitigate exposure to the assessed risks.
All trustees and staff have DBS disclosures and the charity has full liability cover.
Financial Review and Reserves Policy
The organisation regularly reviews its financial position and systems. The financial year showed an underspend on funds. The charity is confident in robust monitoring of its future financial and administrative
Achievements and performance of the charity
Co-ordinator.
Listening Service
of lockdown restrictions
stronger position than before with a newly defined purpose and working model for the future
Signed: …………………………………………….. on behalf of Trustees Lynn Jones (Secretary) Date
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BRAINBOX
Statement of Financial Activities for the year ended 31 March 2021
| Receipts Grants 4 Donations Just Giving Member Fees Fundraising Job Retention Scheme Total Receipts Payments Salaries Staf expenses Travel Costs Activity Costs Ofce Expenses Equipment Telephone Volunteer Expenses Insurance Accounts Fundraising Costs Ofce build Rent Sundries Total Payments Surplus / (defcit) for the year Funds at 1 April 2020 Funds at 31 March 2021 |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2021 2021 2021 2020 £ £ 1000 75669 76669 13033 1200 1200 320 240 240 0 80 80 35 752 752 9202 9688 9688 0 12959 75669 88628 22590 0 35175 35175 13900 0 2669 2669 837 0 3459 3459 3278 0 537 537 773 1056 0 1056 357 2334 1200 3534 0 43040 914 0 914 780 709 0 709 3231 332 0 332 287 251 0 251 125 744 0 744 2081 6994 0 6994 0 0 0 0 1420 833 0 833 236 14168 43040 57208 27305 -1208 32629 31420 -4715 9908 227 10135 14851 8700 32856 41555 10136 |
|---|---|
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INDEPENDENT EXAMINER'S REPORT
Report to the BRAINBOX trustees of
On accounts for the 31st MARCH 2021 year ended
Charity no 1141250
Set out on pages 4 to 6.
Respective responsibilities of trustees and The trustees of the organisation are responsible for the preparation of accounts; they consider that an audit is not required for this yea examiner Charities Act 2011 and that an Independent Examination is needed.
It is my responsibility to
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examine the accounts (under section 145 of the 2011 Act),
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follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and
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state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes independent records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unus examiner’s accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the statement required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent In the course of my examination, no matter has come to my attention examiner's (other than a lack of verification of some of the sources of income and certain costs): statement 1. which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure tha
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proper accounting records are kept (in accordance with section 41 of the Act);
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 18th August 2021
David Belk
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Name: David Belk F.C.I.S. Address: 4 Harton Lane South Shields NE34 0EF
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ar under section 144(2) of the
a review of the accounting ual items or disclosures in the e evidence that would be
t:
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PagÈ 3
Brainbox Balance Sheet as at 31 March 2021
| Brainbox Balance Sheet as at 31 March 2021 |
||
|---|---|---|
| Fixed Assets Current Assets Cash at Bank & in Hand Total Cash Balances Net Assets at 31 March 2021 Represented By: Restricted Funds Unrestricted Funds Designated Funds Total funds at 31st March 2021 Two Trustees to sign: Signed …………….……………………… Position …………………………………. Print Name………………………………….. Date ………………………………………. Signed …………….……………………… Position …………………………………. Print Name………………………………….. Date |
2021 £ 0 41555 41555 41555 32856 5699 3000 41555 . . |
2020 £ 0 10135 |
| 10135 | ||
| 10135 | ||
| 227 6908 3000 |
||
| 10135 | ||
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Brainbox
Notes to the accounts, 2021
1. Basis of accounts
These accounts have been prepared on a receipts and payments basis in accordance with applicable accounting standards and follow the recommendations in the Statement of Recommended Practice: Accounting by Charities (revised 2005).
2. Trustees and Staf
No Trustees were remunerated or received expenses payments. Total Salary Costs 38475
Average no of staff was 2
3. Costs of financial services
The cost for the Independent Examination for the financial period will be £150
4. Grants
Grants received through the year:
| Sir James Knott Trust Hadrian Trust Brewin Dolphin Lough Fund Awards For All Joicey Trust Stewarts Foundation The National Lottery Total Grants Received |
10000 1000 1000 5000 10000 2500 3000 44169 |
|---|---|
| 76669 |
5. Funds Analysis
| Restricted Funds Joicey Trust Lough Fund Awards For All Hadrian Trust Sir James Knott Rothley Trust Stewarts Foundation The National Lottery Total |
### Income Expend 0 2500 2500 0 5000 1000 0 10000 7529 0 1000 1000 0 10000 6177 227 0 227 0 3000 3000 0 44169 21607 |
|---|---|
| 227 75669 43040 |
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4000 2471 3823 22562 32856 Page 6