REGISTERED CHARITY NUMBER: 1170288
The Brett Foundation
Report of the Trustees and Unaudited Financial Statements for the year to 31 March 2024
The Brett Foundation
Contents of the Financial Statements for the year ended 31 March 2024
| 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 2024
REFERENCE AND ADMINISTRATIVE DETAILS Charity Name The Brett Foundation
Registered Charity number 1170288
Principal address 127 Cranbrook Drive Maidenhead SL6 6RY
Trustees Sue Brett Catharine Brett Nigel Cohen (appointed 22/1/24)
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.
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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Homeless Lounge During the year, we opened a homeless lounge for rough sleepers. Currently, we are open once a week. We provide food, toiletries, clothing, shower facilities and other support. We also provide a warm space for rough sleepers to shelter from the cold and a place of friendship, respect and warm welcome.
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Soft-Play Mondays We run a play group for parents with toddlers who can not afford to get our or socialise their children. The play group has a soft toy area and offers food, connection and support.
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Soul Cafe We opened a free cafe for people who cannot afford to get out or who have no-one to go with. We provide food, entertainment and a place where people can meet others. It is part of a borough-wide campaign by charities to try to alleviate poverty in and around the Royal Borough of Windsor, Ascot and Maidenhead.
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The Brett Foundation
Report of the Trustees
for the year ended 31 March 2024
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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.
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• After-School Club From April until December, we ran an after-school club for children whose parents who work and who are in poverty so are unable to afford child-care. The costs of running the club became prohibitive. As of January 2024, the club was taken over by our volunteers.
ACHIEVEMENTS AND PERFORMANCE
Our soft-play group provided support for parents with toddlers and young children, offering them a place to come out and meet other parents and young children.
Our Soul Cafe provided a place for people in poverty and people who feel isolated to come out, eat, meet old friends and make new ones and to be entertained.
Through our Homeless Lounge, we provided support for people who are homeless, with food, emotional and other support tailored to their individual needs.
We helped people in poverty to obtain advice, financial support, clothes and other material needs. We supplied school uniforms and meals to families with school-age children. we worked closely with the local foodbank to provide food for people helped generally.
For the first nine months of the year, we ran an after-school club for working parents who could not afford anyone to look after their children whilst they work. The costs became prohibitive so we stopped running the club. A few of our volunteers took over the running of the club from January 2024 onwards.
FINANCIAL REVIEW
Reserves policy
The charity's unrestricted funds held at 31 March 2024 are expendable at the discretion of the Trustees, in furtherance of the objects of the charity. At 31 March 2024, the unrestricted reserves of the charity were £79,112 (2023: £106,044), with restricted reserves of £13,021 (2023: £25,030), which makes total reserves of £92,133 (£2023: £131,074).
The trustees declare they have approved the trustees' report above.
Signed on behalf of the charity's trustees.
Sue Brett Chair
Date: 25 June 2024
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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 2024, which are set out on pages 6 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: 2 July 2024
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The Brett Foundation
Receipts and Payments for the 31 March 2024
| 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 2024 2023 Funds Funds Total Funds Total Funds £ £ £ £ 47,747 5,000 52,747 130,632 2,940 - 2,940 7,474 493 - 493 203 |
|---|---|
| 51,180 5,000 56,180 138,309 |
|
| 37,071 17,009 54,080 48,414 39,122 - 39,122 40,796 1,919 - 1,919 3,321 |
|
| 78,112 17,009 95,121 92,531 |
|
| (26,932) (12,009) (38,941) 45,778 |
|
| 106,044 25,030 131,074 85,296 (26,932) (12,009) (38,941) 45,778 |
|
| 79,112 13,021 92,133 131,074 |
The notes form part of these financial statements
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The Brett Foundation
Statement of Assets and Liabilities At 31 March 2024
| 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 |
2024 2023 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 4,965 - 4,965 9,930 261 - 261 795 74,686 13,021 87,707 122,117 |
|---|---|
| 74,947 13,021 87,968 122,912 |
|
| 800 - 800 1,768 |
|
| 800 - 800 1,768 |
|
| 79,112 13,021 92,133 131,074 |
|
| 79,112 13,021 92,133 131,074 |
The financial statements were approved by the Board of Trustees on 25 June 2024 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 2024
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 2024
3. RECEIPTS ANALYSIS
| Donations and Legacies General Donations Support for Ukrainians Other Trading Activities Income from After-School Club Income from Soft Play |
Unrestricted Restricted Funds Funds 2024 2023 £ £ £ £ 47,747 - 47,747 90,253 - 5,000 5,000 40,379 |
|---|---|
| 47,747 5,000 52,747 130,632 |
|
| 2,654 - 2,654 286 - 286 |
|
| 2,940 - 2,940 - |
4. CHARITABLE PAYMENTS ANALYSIS
| Restricted Funds Support for Ukrainian Refugees Unrestricted Funds Soul Cafe Home Equipment Family Support Fuel Bank Homeless Support Schools Support The Larder Warm Places General activities: Food and food vouchers Light and heat Other Totals |
Unrestricted Restricted Funds Funds 2024 2023 £ £ £ £ - 17,009 17,009 15,466 2,505 - 2,505 2,655 7,026 - 7,026 10,503 1,621 - 1,621 4,426 - - - 44 726 - 726 - 105 - 105 1,118 - - - 6,109 - - - 331 5,557 - 5,557 2,809 2,738 - 2,738 3,648 16,793 - 16,793 1,305 37,071 17,009 54,080 48,414 |
|---|---|
5. OTHER TRADING ACTIVITIES
| After-School Club Soft Play |
Unrestricted Restricted Funds Funds 2024 2023 £ £ £ £ 38,696 - 38,696 35,831 426 - 426 4,965 |
|---|---|
| 39,122 - 39,122 40,796 |
The notes form part of these financial statements
Page 9
The Brett Foundation
Notes to the Financial Statements
for the year ended 31 March 2024
6. SUPPORT COST ANALYSIS
| SUPPORT COSTS Accounting Bank charges Insurance IT Printing, postage and stationery Statutory Costs Telephone Costs |
Unrestricted Restricted 2024 2023 £ £ £ £ 1,233 - 1,233 2,045 162 - 162 158 - - - 367 469 - 469 657 - - - - - - - 35 55 - 55 59 |
|---|---|
| 1,919 - 1,919 3,321 |
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 2024 (2023: £nil).
The unrestricted cost of staff employed during the year ended 31 March 2024 was £33,105 (2023: £25,054) and the restricted cost of providing English lessons for Ukrainians was £10,991 (2023: £8,160) 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 2024 2023 14,895 - - 14,895 |
|---|---|
| 14,895 14,895 |
|
| 4,965 - 4,965 4,965 |
|
| 9,930 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 2024
9. DEBTORS: AMOUNTS DUE WITHIN ONE YEAR
| Other taxation and social security | 2024 2023 £ £ 261 795 |
|---|---|
| 261 795 |
10. CREDITORS: AMOUNTS DUE WITHIN ONE YEAR
| Accruals Other creditors |
2024 2023 £ £ 800 800 - 968 |
|---|---|
| 800 1,768 |
11. RESTRICTED FUNDS
| Funds at | Reserves | Funds at | ||||
|---|---|---|---|---|---|---|
| Fund names | Purpose and restrictions | 01/04/23 | Income | Expenditure | Transfer | 31/03/24 |
| £ | £ | £ | £ | |||
| Restricted | ||||||
| Ukrainian Refugees | Support for Ukrainians | 25,030 | 5,000 | (17,009) | - | 13,021 |
| 25,030 | 5,000 | (17,009) | - | 13,021 |
The notes form part of these financial statements
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