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|
Page 2
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.
Page 3
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:
- Drop-in Centre
- 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.
- • After-School Club
- 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
- • Connexions Cafe
- We run a cafe for anyone who needs support, which has a soft toy area for families with young children.
- • 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.
- Advocacy
- 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
- Support for Ukrainians
- 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.
- Other
- 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
Page 4
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
Page 7
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
Page 8
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
Page 10
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