REGISTERED CHARITY NUMBER: 1170288
Report of the Trustees and Unaudited Financial Statements for the year to 31 March 2023 for The Brett Foundation
The Brett Foundation
Contents of the Financial Statements for the year ended 31 March 2023
| Page | ||
|---|---|---|
| Report of the Trustees | 3 to 4 | |
| Independent Examiner's Report | 5 | |
| Receipts and Payments | 6 | |
| Statement of Assets and Liabilities | 7 | |
| Notes to the Financial Statements | 8 to 11 |
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The Brett Foundation
Report of the Trustees
for the year ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS Charity Name The Brett Foundation
Registered Charity number 1170288
Principal address 127 Cranbrook Drive Maidenhead SL6 6RY
Trustees
Sue Brett Danielle Boyd-Waters Catharine Brett Kobie Cornish Hannah Brett
Independent examiner Anna Chapman FCA Chapman Worth Limited Unit 2 The Old Estate Yard High Street East Hendred, Oxfordshire OX12 8JY
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Brett Foundation is registered with the Charity Commission under registration number 1170288. The charity is a Charitable Incorporated Organisation, constituted under a Deed of Constitution dated 15 November 2016.
Recruitment and appointment of new trustees
Additional or replacement Trustees can be appointed by the existing Trustees. Trustees are required to retire every three years, at which point they are eligible for re-election.
Risk management
The Trustees have considered the major risks faced by the charity and have put controls in place to mitigate the risks identified.
OBJECTIVES
Objectives and aims
The objectives of the charity are the relief of poverty by the provision of emergency and other accommodation, services, advice, essential goods and assistance for persons in need.
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The Brett Foundation
Report of the Trustees
for the year ended 31 March 2023
ACTIVITIES
In structuring the activities of the charity, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.
The main activities of the charity in relation to its objectives for public benefit are:
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Drop-in Centre
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We run a centre for people in and around Maidenhead who are disadvantaged to drop in for support. It is aimed at anyone who is struggling with their lives. We receive a very wide range of people, such as people who are homeless, who are depressed, who are lonely, who have learning difficulties. Depending on their needs, and on the resources available to us, we provide them company, refreshments, food, and advice.
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• After-School Club
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We run an after-school club for children whose parents who work and who are in poverty so are unable to afford child-care. During the year, we received a grant from the Lottery Fund to support this initiative
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• Connexions Cafe
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We run a cafe for anyone who needs support, which has a soft toy area for families with young children.
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• Home support We work with local charities and the general public to provide material support to people in and around Maidenhead in urgent need. We have provided items ranging from fridges and washing machines, to beds, to school uniforms.
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Advocacy
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We speak out for people in and around Maidenhead whose interests are not being represented. We raise awareness of need, and seek support where appropriate, either individually or in groups
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Support for Ukrainians
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We work with Open Arms Charity to provide English classes and social support for Ukrainians living in and around Maidenhead who have fled the fighting in their home country.
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Other
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We provide additional support to families in poverty in many different ways. We run a breakfast club at schools for children whose parents can not afford to give them breakfast. We run a weekly Clothes Bank offering free clothes. We provide cooked meals to people who are unable to leave their home and who are isolated. We run a larder for people who need a foodbank but who need a more personalised approach to their needs. We run a Fuel Bank to provide energy vouchers for families who can not afford to light or heat their homes properly.
ACHIEVEMENTS AND PERFORMANCE
We have helped people with benefits claims and who were under threat of eviction. We supplied school uniforms and meals, we worked closely with the local foodbank to provide food for people helped generally.
We continue to support people who are homeless, with food, emotional and other support tailored to their individual needs. We worked with the Council to help provide families in need with white goods and other home furnishings.
Our after-school club is run for parents on low income to afford care for their children whilst they work. During the year, we have worked closely with families helping them to access food, services, clothes and other essentials for their children for their children and human connection where needed.
FINANCIAL REVIEW
Reserves policy
The charity's unrestricted funds held at 31 March 2023 are expendable at the discretion of the Trustees, in furtherance of the objects of the charity. At 31 March 2023, the unrestricted reserves of the charity were £106,044 (2022: £85,296), with restricted reserves of £25,030 (2022: £nil), which makes total reserves of £131,074 (£2022: £85,296).
The trustees declare they have approved the trustees' report above.
Signed on behalf of the charity's trustees.
Sue Brett Chair
Date: 6 May 2023
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The Brett Foundation
Independent Examiner's Report to the Trustees of The Brett Foundation
I report on the accounts of the The Brett Foundation for the year ended 31 March 2023, which are set out on pages 5 to 11.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
(i) examine the accounts under section 145 of the 2011 Act; (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(a) which gives me reasonable cause to believe that in any material respect the requirements: (i) to keep accounting records in accordance with section 130 of the Act ; and (ii) to prepare accounts which accord with the accounting records have not been met or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Anna Chapman FCA Chapman Worth Limited Unit 2 The Old Estate Yard High Street East Hendred, Oxfordshire OX12 8JY
Date: 20 June 2023
Page 5
The Brett Foundation
Receipts and Payments for the 31 March 2023
| Notes Receipts Income and endowments from: Donations and Legacies 3 Other trading activities 3 Interest Total Payments Expenditure on charitable activities Charitable activities 4 Other trading activities 5 Support costs 6-7 Total Net of receipts less (payments) CASH FUNDS RECONCILIATION Total brought forward Net Movement in the year Total carried forward |
Unrestricted Restricted 2023 2022 Funds Funds Total Funds Total Funds £ £ £ £ 90,253 40,379 130,632 20,595 7,474 - 7,474 7,198 - 203 203 - |
|---|---|
| 97,727 40,582 138,309 27,793 |
|
| 32,948 15,466 48,414 18,643 40,796 - 40,796 26,512 3,235 86 3,321 1,914 |
|
| 76,979 15,552 92,531 47,069 |
|
| 20,748 25,030 45,778 (19,276) |
|
| 85,296 - 85,296 104,572 20,748 25,030 45,778 (19,276) |
|
| 106,044 25,030 131,074 85,296 |
The notes form part of these financial statements
Page 6
The Brett Foundation
Statement of Assets and Liabilities At 31 March 2023
| Notes Fixed Assets Property, plant and equipment 8 Current Assets Debtors: Amounts due within one year 9 Cash funds Total current assets Current Liabilities Creditors: Amounts due with one year: 10 Total net assets Funds of the Charity Balance at 31 March 2023 |
2023 2022 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 9,930 - 9,930 - 795 - 795 - 97,087 25,030 122,117 85,296 |
|---|---|
| 97,882 25,030 122,912 85,296 |
|
| 1,768 - 1,768 - |
|
| 1,768 - 1,768 - |
|
| 106,044 25,030 131,074 85,296 |
|
| 106,044 25,030 131,074 85,296 |
The financial statements were approved by the Board of Trustees on 6 May 2023 and were signed on its behalf by:
Sue Brett -Trustee
Katie Brett -Trustee
The notes form part of these financial statements
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The Brett Foundation
Notes to the Financial Statements for the year ended 31 March 2023
1. BASIS OF ACCOUNTING
The charity constitutes a public benefit entity as defined by FRS102.
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
2. ACCOUNTING POLICIES
The accounts policies adopted are those outlined below.
Recognition of income
Income is included when when the charity receives the funds.
Grants and donations
Grants and donations are only included when the general income recognition criteria are met.
Donated goods and services
Donated goods are not measured, and donated services are not included, because the Trustees believe it is impractical to measure their fair value.
Depreciation
Fixed assets are written off over the expected useful life of the asset on the straight line basis. Motor vehicles are depreciated over three years.
Support costs
The charity has incurred expenditure on support costs.
Volunteer help
The value of any voluntary help received is not included in the accounts, but is described in the trustees' annual report.
Restricted funds
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.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses.
The notes form part of these financial statements
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The Brett Foundation
Notes to the Financial Statements
for the year ended 31 March 2023
3. RECEIPTS ANALYSIS
| Donations and Legacies General Donations Support for Ukrainians Other Trading Activities Income from After-School Club |
Unrestricted Restricted Funds Funds 2023 2022 £ £ £ £ 90,253 - 90,253 20,595 - 40,379 40,379 - |
|---|---|
| 90,253 40,379 130,632 20,595 |
|
| 7,474 - 7,474 7,198 |
4. CHARITABLE PAYMENTS ANALYSIS
| Restricted Funds Support for Ukrainian Refugees Unrestricted Funds Connexions Cafe Home Equipment Family Support Fuel Bank Shelter Schools Support The Larder Warm Places General activities: Food and food vouchers Light and heat Other Totals |
Unrestricted Restricted Funds Funds 2023 2022 £ £ £ £ - 15,466 15,466 - 2,655 - 2,655 2,691 10,503 - 10,503 5,659 4,426 - 4,426 4,878 44 - 44 - - - - 820 1,118 - 1,118 - 6,109 - 6,109 1,115 331 - 331 - - - 2,809 - 2,809 3,480 3,648 - 3,648 - 1,305 - 1,305 - 32,948 15,466 48,414 18,643 |
|---|---|
5. OTHER TRADING ACTIVITIES
| After-School Club Depreciation |
Unrestricted Restricted Funds Funds 2023 2022 £ £ £ £ 35,831 - 35,831 26,512 4,965 - 4,965 - |
|---|---|
| 40,796 - 40,796 26,512 |
The notes form part of these financial statements
Page 9
The Brett Foundation
Notes to the Financial Statements
for the year ended 31 March 2023
6. SUPPORT COST ANALYSIS
| SUPPORT COSTS Accounting Bank charges Insurance IT Printing, postage and stationery Statutory Costs Telephone Costs |
Unrestricted Restricted 2023 2022 £ £ £ £ 2,045 - 2,045 324 158 - 158 151 367 - 367 363 571 86 657 968 - - - 12 35 - 35 96 59 - 59 - |
|---|---|
| 3,235 86 3,321 1,914 |
None of the costs were allocated to charitable activities.
7. TRUSTEES' AND STAFF COSTS/BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 (2022: £nil).
The unrestricted cost of staff employed during the year ended 31 March 2023 in the after-school club was £25,054 and the restricted cost of providing English lessons for Ukrainians was £8,160 (2022: nil) rest.
8. FIXED ASSETS
| COST Balance at the start of the year Purchases in the year Balance at the end of the year DEPRECIATION Balance at the start of the year Depreciation in the year Balance at the end of the year NET BOOK VALUE at the end of the year |
Motor Vehicle Motor Vehicle 2023 2022 - - 14,895 - |
|---|---|
| 14,895 - |
|
| - - 4,965 - |
|
| 4,965 - |
|
| 9,930 - |
The notes form part of these financial statements
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The Brett Foundation
Notes to the Financial Statements
for the year ended 31 March 2023
9. DEBTORS: AMOUNTS DUE WITHIN ONE YEAR
| Other taxation and social security | 2023 2022 £ £ 795 - 795 - |
|---|---|
10. CREDITORS: AMOUNTS DUE WITHIN ONE YEAR
| Accruals Other creditors |
2023 2022 £ £ 800 - 968 - |
|---|---|
| 1,768 - |
11. RESTRICTED FUNDS
| Funds at | Reserves | Funds at | ||||||
|---|---|---|---|---|---|---|---|---|
| Fund names | Purpose and restrictions | 01/04/23 | Income | Expenditure | Transfer | 31/03/23 | ||
| £ | £ | £ | £ | |||||
| Restricted | ||||||||
| Ukrainian Refugees | Support for Ukrainians | - | 40,582 | (15,552) | - | 25,030 | ||
| - | 40,582 | (15,552) | - | 25,030 |
The notes form part of these financial statements
Page 11