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2024-12-31-accounts

Charity registration number: 1141314

JUDE BRADY FOUNDATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Jude Brady Foundation Contents

Page
Reference and Administrative Details 1
Trustees' Report 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Comparative Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7—10

Jude Brady Foundation Reference and Administrative Details For The Year Ended 31 December 2024

Trustees Mr Peter Brady
Mrs Lynn Brady
Mr Carl Day
Mr Barry Parker
Mr Andy Caulton
Mr Robert Wagner
Charity Number 1141314
Principal Address Ground Floor, Unit 8, The Quadrangle Centre
The Drift, Nacton Road
Ipswich
IP3 9QR
Independent Examiner Georgia Search
LBFS Accountants Ltd
Woodland Place
Hurricane Way
Wickford
Essex
SS11 8YB

Page 1

Jude Brady Foundation Trustees' Report For The Year Ended 31 December 2024

The trustees present their report and the financial statements for the year ended 31 December 2024.

Objectives and Activities

Aims and Objectives

The charity's objectives are:

The relief of sickness and the preservation of health amongst children and young people.

The policies adopted in furtherance of these objects are to raise funds by means of fundraising events and apply these in accordance with the charity's objectives.

The fundraising events that were held during the year; Andrew Coltart Invitational and Jude Brady Cup.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The objective for the year was to continue raising funds to enable the charity's objectives to be met.

Public Benefit

The charity was formed in 2011 to formalise work previously undertaken by P Brady. Trustees of varying skills were appointed to allow the charity to continue and expand on this work.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Peter Brady

Trustee 24/10/2025 24 Oct 2025

Page 2

Jude Brady Foundation Independent Examiner's Report to the Trustees of Jude Brady Foundation For The Year Ended 31 December 2024

I report to the trustees on my examination of the accounts of Jude Brady Foundation (the Trust) for the year ended 31 December 2024.

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 2011 Act and in carrying out my examination, I have followed the 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 contents 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.

Georgia Search 24/10/2025 Woodland Place Hurricane Way Wickford Essex SS11 8YB

Page 3

Jude Brady Foundation Statement of Financial Activities For The Year Ended 31 December 2024

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other trading activities
4
Investments
5
EXPENDITURE ON:
Raising funds
6
Charitable activities:
6
Jude Brady Cup
NET (EXPENDITURE)/INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11
Unrestricted
funds
£
11,753
43,545
-
Restricted
funds
£
-
-
-
2024
Total
funds
£
11,753
43,545
-
2023
Total
funds
£
13,989
80,826
11
55,298 - 55,298 94,826
(16,680)
(59,373)
-
-
(16,680)
(59,373)
(50,263)
-
(76,053) - (76,053) (50,263)
(20,755) - (20,755) 44,563
(20,755)
95,924
-
2,802
(20,755)
98,726
44,563
54,163
75,169 2,802 77,971 98,726

The notes on pages 7 to 10 form part of these financial statements.

Page 4

Jude Brady Foundation Comparative Statement of Financial Activities For The Year Ended 31 December 2024

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other trading activities
4
Investments
5
EXPENDITURE ON:
Raising funds
6
Charitable activities:
6
NET INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11
Unrestricted
funds
£
13,989
80,826
-
Restricted
funds
£
-
-
11
2023
Total
funds
£
13,989
80,826
11
94,815 11 94,826
(50,263) - (50,263)
44,552 11 44,563
44,552
51,372
11
2,791
44,563
54,163
95,924 2,802 98,726

The notes on pages 7 to 10 form part of these financial statements.

Page 5

Jude Brady Foundation Statement of Financial Position As At 31 December 2024

Notes
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
10
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
11
Unrestricted
funds
£
42,410
60,471
Restricted
funds
£
110
2,692
2024
Total
funds
£
42,520
63,163
2023
Total
funds
£
24,190
75,386
102,881
(27,712)
2,802
-
105,683
(27,712 )
99,576
(850 )
75,169 2,802 77,971 98,726
75,169 2,802 77,971 98,726
75,169 2,802 77,971 98,726
2,802
75,169
2,802
95,924
77,971 98,726

On behalf of the board

Mr Peter Brady

stee

24/10/2025 24 Oct 2025

The notes on pages 7 to 10 form part of these financial statements.

Page 6

Jude Brady Foundation Notes to the Financial Statements For The Year Ended 31 December 2024

1. General Information

Jude Brady Foundation is an unincorporated charity registered with the Charity Commission, registered charity number 1141314. The principal address is Ground Floor, Unit 8, The Quadrangle Centre, The Drift, Nacton Road, Ipswich, IP3 9QR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 charity is a Public Benefit Entity as defined by FRS 102.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.3. Incoming Resources

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.

2.4. Resources Expended

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.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

3. Income from Donations and Legacies

Donations and gifts
4.
Income from Other Trading Activities
Fundraising events
2024
Unrestricted
funds
£
11,753
2023
Unrestricted
funds
£
13,989
2024
Unrestricted
funds
£
43,545
2023
Unrestricted
funds
£
80,826

5. Investment Income

Page 7

Jude Brady Foundation Notes to the Financial Statements (continued) For The Year Ended 31 December 2024

Bank interest receivable
6.
Analysis of Expenditure
Raising funds
Jude Brady Cup
Raising funds
7.
Support Costs
Premises expenses
General administration
Governance costs
Premises expenses
General administration
Governance costs
Activities
undertaken
directly
£
13,543
59,373
2024
Restricted
funds
£
-
2023
Restricted
funds
£
11
Support
costs
(see note 7 )
£
3,137
-
2024
Total
£
16,680
59,373
72,916 3,137 76,053
Activities
undertaken
directly
£
47,984
Support
costs
(see note 7 )
£
2,279
2023
Total
£
50,263
2024
Raising
funds
£
800
1,520
817
3,137
2023
Raising
funds
£
20
1,466
793
2,279

8. Average Number of Employees

Average number of employees during the year was: NIL (2023: )

Page 8

Jude Brady Foundation Notes to the Financial Statements (continued) For The Year Ended 31 December 2024

9. Debtors

Due within one year
Trade debtors
Other debtors
0.
Creditors: Amounts Falling Due Within One Year
Trade creditors
Accruals and deferred income
1.
Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
General Restricted Fund
Total funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
General Restricted Fund
Total funds
As at 1
January
2024
£
95,924
2,802
Income
£
55,298
-
2024
£
25,180
17,340
42,520
2024
£
27,112
600
27,712
Expenditure
£
(76,053)
-
2023
£
20,810
3,380
24,190
2023
£
250
600
850
As at 31
December
2024
£
75,169
2,802
98,726 55,298 (76,053) 77,971
As at 1
January
2023
£
51,372
2,791
Income
£
94,815
11
Expenditure
£
(50,263)
-
As at 31
December
2023
£
95,924
2,802
54,163 94,826 (50,263) 98,726

10. Creditors: Amounts Falling Due Within One Year

11. Movement in Funds

12. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

Page 9

Jude Brady Foundation Notes to the Financial Statements (continued) For The Year Ended 31 December 2024

13. Related Party Disclosures

Mutual Media (UK) Limited

A company owned and controlled by the Trustees P Brady and L Brady.

During the year a total of £21,317.85 (2023: £1,300.58) was paid, these transactions were undertaken on a commercial basis under normal market conditions. At the year end the amount owed to Mutual Media (UK) Limited was £nil (2022: £nil).

Page 10

Issuer

LBFS Accountants

Document generated Fri, 24th Oct 2025 9:51:51 BST

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Parties involved with this document

Document processed

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Fri, 24th Oct 2025 9:57:45 BST Fri, 24th Oct 2025 10:02:42 BST

Mr Peter Brady - Signer (429060a73c96632ec6fd4d21cec418b2) Georgia Search - Signer (7b69746d0f84d8d506c9253166341b0a)

Audit history log

Date

Action

Fri, 24th Oct 2025 9:51:51 BST Fri, 24th Oct 2025 9:51:51 BST Fri, 24th Oct 2025 9:51:51 BST Fri, 24th Oct 2025 9:51:51 BST Fri, 24th Oct 2025 9:51:51 BST Fri, 24th Oct 2025 9:56:22 BST Fri, 24th Oct 2025 9:56:22 BST Fri, 24th Oct 2025 9:56:22 BST Fri, 24th Oct 2025 9:56:48 BST

Fri, 24th Oct 2025 9:51:51 BST Envelope generated with fingerprint acc3211e49fba4cd80739d2261a2ed9f (18.133.63.166) Fri, 24th Oct 2025 9:51:51 BST Document generated with fingerprint 1bbc45700bffe17e4d5c7773dc7f12a2. (18.133.63.166) Fri, 24th Oct 2025 9:51:51 BST Document generated with fingerprint 9e4d72fd382adf0ebc3b9fc6a7874033. (18.133.63.166) Fri, 24th Oct 2025 9:51:51 BST Mr Peter Brady has been assigned to this envelope. (18.133.63.166) Fri, 24th Oct 2025 9:51:51 BST Georgia Search has been assigned to this envelope. (18.133.63.166) Fri, 24th Oct 2025 9:56:22 BST Envelope generated Fri, 24th Oct 2025 9:56:22 BST Sent the envelope to Mr Peter Brady for signing Fri, 24th Oct 2025 9:56:22 BST Document emailed to party email Fri, 24th Oct 2025 9:56:48 BST One-time code has been generated and sent to Mr Peter Brady via SMS (mobile number) (86.171.57.126) Fri, 24th Oct 2025 9:56:54 BST Mr Peter Brady has been verified via SMS One-time code (86.171.57.126) Fri, 24th Oct 2025 9:56:54 BST Mr Peter Brady viewed the envelope (86.171.57.126) Fri, 24th Oct 2025 9:57:45 BST Mr Peter Brady signed the envelope (86.171.57.126) Fri, 24th Oct 2025 9:57:45 BST Sent the envelope to Georgia Search for signing (86.171.57.126) Fri, 24th Oct 2025 9:57:47 BST Document emailed to party email Fri, 24th Oct 2025 10:02:24 BST One-time code has been generated and sent to Georgia Search via SMS (mobile number) (2.220.213.249) Fri, 24th Oct 2025 10:02:32 BST Georgia Search has been verified via SMS One-time code (2.220.213.249) Fri, 24th Oct 2025 10:02:33 BST Georgia Search viewed the envelope (2.220.213.249)

Fri, 24th Oct 2025 10:02:42 BST Georgia Search signed the envelope (2.220.213.249) Fri, 24th Oct 2025 10:02:42 BST This envelope has been signed by all parties (2.220.213.249)