1 ## The Wight Brainy Bunch Report and Financial Statements Year Ended 31[st] March 2025 ## **Contents** Page: 2 - 4 Report of the Trustees 5 Statement of Financial Activities 6 Independent examiners report on the accounts ## **Legal and administrative information** ## **Trustees** Kathryn Grimes Mark Grimes Lisa Hendy Kate Nelson The trustees receive no income from the charity funds ## **Charity Registration Number 1177562** ## **Charity Address** 112 High Park Road, Ryde, Isle of Wight PO33 1BZ ## **Bank** Lloyds TSB bank plc, 115 Victoria Road, Aldershot, Hampshire GU11 1JQ **Independent Examiner** Mr Darren Drudge, 2 Garfield Road, Shanklin, Isle of Wight PO37 7LX [Lloyds Bank Employee) 1 2 The Wight Brainy Bunch Report and Financial Statements Year Ended 31[st] March 2025 _____________________________________________________________________________________ This report should be read in conjunction with the charity information on page 1 ## **Structure, Governance and management** The Wight Brainy Bunch, a registered charity was established in March 2018. It is managed in accordance with the rules of a small charity as deemed by the Charity commission by a minimum of 3 Trustees who meet at least 2 times a year and communicate at regular intervals. Election of trustee is made and takes place at the charity AGM annually. Names are proposed and seconded before the election. No other person or body is entitled to appoint a trustee. Trustees were elected to act on behalf of the charity for 2024/2025. ## **Objectives and Activities for the public interest** The Charity objectives are to provide emotional support and financial assistance to Isle of Wight families affected by brain tumours. The Charity continues to support and raise funds for Smile4Wessex, who provide charitable support to the Wessex Neurological Centre at Southampton General Hospital. This is where the majority of Isle of Wight patients will be treated if diagnosed with a brain tumour. The charity continues to support and raise funds for The Brain Tumour Charity, as they carry out vital research into treatments, which will ultimately give the patient an improved prognosis and an increased and better quality of life. The charity benefitted from many events, including community fundraising activities, and as with previous years, this culminated in the annual black-tie ball and Christmas Market. In addition to the services the Wight Brainy Bunch already offer, the charity has been able to enrol the services Acupuncture, Oncology Massage and Reiki. The Wight Brainy Bunch remain officially affiliated to, and supportive of, the Brain Tumour Charity. All funding commitments were fulfilled. A donation of £5000 was made to Smile4Wessex. The Wight Brainy Bunch’s investment in the purchase of a Static Caravan in 2019 at Nodes Point Holiday Park on the Isle of Wight, continues to prove beneficial, with many families taking the opportunity for respite, recouperation and memory making breaks with loved ones. This investment has an ongoing expense due to yearly pitch fees, energy bills, general maintenance and upkeep of the unit, The Wight Brainy Bunch experienced increased expenditure in 2024/25 due to an increase in referrals and request for funding.However, Overall, the trustees are satisfied with the income generated in 2024/25. The projection for 2025/26 is an increase in fundraising activities, although a limited return is expected with the ongoing cost of living crisis, which is still greatly impacting on people’s disposable income. 2 3 The Wight Brainy Bunch Report and Financial Statements Year Ended 31[st] March 2025 _____________________________________________________________________________________ ## **Financial Review** During the year the charity received an income of £72,075.42 and financed charitable expenditure of £88,553.14 The trustees continue to consider the possibility of investment to safeguard future projects in a volatile financial climate. ## **Plans for the future** The trustees have begun to plan for fundraising events and activities in 2025/26 including new events of a fire engine pull and family fun day, along with the annual black-tie ball and Christmas Market. Due to zero income from Warrior festival in 2024 and 2025, the organisers have not planned a 2026 event. It is our intention in 2026 to continue to investigate alternative funding streams to enable the possibility of employing a member of staff to increase our fundraising, public presence and to ensure anyone needing support at diagnosis, during and following their treatment is aware of The Wight Brainy Bunch and how we can assist them. To be able reach out to more business for sponsorship and support to help the charity to grow and take the charity successfully and securely into the future. Raise the profile of the Wight Brainy Bunch Due to the yearly increases in fees charged by Park dean Resorts, enquiries will be made for a way to reduce the financial impact on the charity whilst still being able to offer the use of our caravan at nodes point holiday park for our beneficiaries. 3 4 ## **Trustees’ responsibilities in relation to the financial statements,** Trustees are responsible for preparing the annual report and financial statement in accordance with applicable law and United Kingdom generally accepted accounting practice. Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial which gives a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statement; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 4 5 ## The Wight Brainy Bunch ## Report and Financial Statements Year Ended 31[st] March 2025 ||**Total fund**|**Total fund**|**Total fund**|**Total Funds**|**Total funds**| |---|---|---|---|---|---| ||**2024/2025**|**2023/2024**|**2022/23**|**2021/22**|**2020/21**| |**Incoming Resources**|||||| |Investment income|**- - - - -**|**- - - - -**|**- - - - -**|**- - - - -**|**- - - - -**| |Activities for generating income|£**72,075.42**|£86,682.47|£78,381.46|£89,494.86|£50,475.24| |**Total income**|**£72,075.42**|**£86,682.47**|**£78,381.46**|**£89,494.86**|**£50,475.27**| |**Charitable Expenses**|||||| |Cost of event/generating funds|£44,495.48|£37,791.05|£41,451.08|£19,334.20|£7,911.68| |Grants /Service|£43.483.80|£37,163.03|£11,306.20|£26,878.41|£27,014.53| |Governance/insurance|£573.86|£1040.83|£795.86|£941.86|£481.54| |Investments|£00,000,00|£10,183.38|£8,174.14|£62,891.94|**- - - - -**| |**Total Expenses**|**£88,553.14**|**£86,178.29**|**£62,027.28**|**£110,046.41**|**£35,407.74**| |**Total funds brought forward**|£104,002.08|£103,497.90|£87,143,71|£107,695.26|£92,627.74| |**Total funds carried forward**|£87,524.36|£104,002.08|£103,497.90|£87,143.71|£107,695.26| ## **The charity continues to have no staffing costs.** The financial statement was approved by the trustees on **30/01/2025** and was signed on it’s behalf by Kathryn J Grimes …………………………………… Trustee/ Treasurer 5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustee members of THE WIGHT BRAINY BUNCH On accounts for the year ended 3110312025 Charity no {If any) 1177562 Set out on pages Page 5 of Annual repK)rt I report to the truste6s on my examination of the accounts of the above charity for the year ended 3110312025. Responslbllltles and basls of report As the charity's trustees, you are responsibl8 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 Ca￿led out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me ause to believe that in, any material respect= the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord wrf(h the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities 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 attentron should be drawn in this report in order to enabl8 a proper understanding of the accounts to be reached. Slgned: Dato: 'LDZ Name: A r¥i JxLuoie,c Rglevant professional qualifi¢ation(s) or body (If any): Address: