Charity Reg&itered Nllmber: 1182163 (England and Wgle5) BRABNERS FOUNDATION CIO REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YLAR LI¥DLD 30 APRIL 2024
BRABNERS FOUNDATION CIO Index to Fmaneial Ststements For the yr ended 30 April 2024 Pag¢ Charity Infornwtion Tnt¢e3, Rcport Independent Examiner's Rep)rt Siarement of binartial Aaivities Balance She Notcs to thc Financial SMents 8-15
BRABNERS FOUNDATION CIO Charitv Informatiox For the yur ended 30 April 2024 TRUSTEES: L Nibb¢i - Chair H Morgan A Murphy K Mcmanus S Murphy D Heald S Thompson Q Kbao E Richards CHart REGISTERED OFFICE: Brabnus LLP Honon House Ex¢hange lTrla8S Liverpool L2 3YL CHARITY NUMBER: 1182163 REGISTERED NUMBER: CEOlfrfrf)4 ACCOUNTANTS AND INDEPENDENT EXAMINERS: RSM UK Tax and Accounting Limited Chartered Accounlunts 51b Floor On¢ Cily Placc Queens R(Md Cha5ter CHI 3BQ
BRABNERS FOUIYDATION CIO Trv$tees' Report For the year ended 30 April 2024 Thv Trnsiees submit their r¢t and unwld fula) Sme the yeat endtd 30 April 2024. Thc fiEwicial siaiem¢nts have been prepatyd in aLCordae with the acc4)uniing p)licI set out in notr I to ihe finanti81 ststEmertt and comply wilh ihe chartty's goipeming d(uftni. the ChariiiL£ A 2011. a1 Accounting and R¢porting by Charities." Statefflent of Rccommath PiCe ¥plTcalAe to clwittes pretwing their financial statements in ac¢olllan with the Finawial Re1118 StaThlard appliisblc in thc UK aod Rcwblic of Ircland (FRS102). Lebval and ddministraiive informaiion set Oui OD pa8e I fonrts part of this rLT#Xt Trnstees The Trustees. who servL¥I durin8 the year4Dd to the dt of this re1 WrfE'. N Dick50n IK¢tired 26 Odober 2023) R Whitc (Rciircd 31 May 20241 L Ni%bet (Aprlted Chair 31 May 20241 H Morg A MurplTry K Mcmanus S Murphy (Appoinied 7 ULober 2024) D Ileald (Appoirited 7 (kiober 20241 S I'hompsA)n (Apin1¢d 7 CktoE¢r 1024) Q Khan (Appointcd 7 Uciobcr 2U24} E Richards {Appointed 7 Oclobcr 2024) C Hart (Appoinied 7 Oclobcr 2024) str4elu GoverAnte thd M•MgeA)eAt The organisation is a Chariiable Incorpofdird OrganisatiOTt (CE016604), incorpmtcd on 21 Fcbnjary 2019 aNI rcgistcrcd a¥ a clwiiy {1182163) N 21 fthuary 2019. The ¢ompany is gOVLvnuJ by # d0allr1 ofconslilulion. The day lo Ilay nning of the chariiy 15 managed by the tr¢¢8. Relgted PArtI¢y Br8bncrs LLP is a rclatrd party of Brabnm Fouthiion CIO. 3 tsignatcd mcmbcrs of Brabncrs LLP arc also ITuslces ol'ihc fcwndation. Rccr4lnnent and Appolnlmtwl TnLS(ees are appointed hy a resoluiion nf ih¢ Trustees a srKLial meeiin¥. Thc minimum nurnbcT Df twst¢es is 3. All trus¢5 arc skillcd carry out thcir responsibilitics howcvcr if any further trnining is idcntifi¢d it will b¢ provided. Prlnclpal ObJe¢tive5 Dd Aclivltirn Dftht Cbarity Thc charity's objyeS and principal activitiC5 arc for ihc iYnefitof ihc b]IC gcnernlly. LNMh in the Unktcd Kingdom and overseas. The object of the C'IO is for ihe public beDefit the adVaKeme of any exclusive charitable purpo8es according to the law of England and Walcs thai Ihc ¢Trlty IrUe may in thcir absoluie discrciion ddLY]niD¢ from timc to lim¢. The Foundation further5 its charitsble puOseS for the public benefit througb ils ¥raiit-nthking wlicy. which aim5 ro allevi¢ hardb'hip in the communi11 in whidi ihc FouThlation The FOulatIon cortducls vHrÉous r-r#i$ln8 aclivilieb with which to geneTale iftcome. as ¢v¢nts and dllenge& raffles s1 salr5. Publ1¢ Betyellt I'hg I rustKs Lonfllin that th¢y hav¢ r¢(¢1 lo guid.¢ COn1n11 in th¥ Charity Conunission's 8¢ntrnl idall on public nefit whcn rcvicwing the charity aims and obJcoivc5 and in plann5 future xctivitics and setting th2 grani making policy for the ycar.
BRABWERS FOUIYDATION CIO Trostees. Report Fw tke year ded 30 Aprll 2•24 Grnnt Making Poli¢y The Chtsriw b&s established its grant rllakv l1¢Y to hleYe its obi¢¢ts for the wblic beDefit. GrzDls would be considcrcd by thc trustee8 to be made in ihc arcas rtcccssary. Grants are considcrrd by the trustee5 on SL ethse by casc basis. Achievements Illd Performnee Th¢ charity PcrforlTd 1] during th¢ ycar. wath a laige in from charilablc cycnts and activitics in th¢ yeor which more ihan offset the deLYeas¢ in ItIOn income wKeived. lThe Foutythiion rai.ped L61),148 in tntAI. The highesi amount Taiqed io date. wilh events swh ihc Foun70 Ball. Chariry CThallenge and Swish Sale adding to Ihe rcgular annual Big Idca. SivwlakL% and chr1m8S aclivilil lo gcneraic a ple8sin8 £45.5O9 in income Irom evertts. The ehariry benefitted as usu&l from receiving rtsidual elTetit banceS fmm Brnb[ LLP. ag well a5 Other one.off dtsn&ti(JlL4. how¢v¢r with substsntbal amounts rtteived in Ixmb ¢awi¢s l#st y¢4r. thi% y¢ar saw a ruiuction in this income. The charity committed tr ntS of £39.610 in the year. Seven of these grants tolalling £25.610 were made in November 2023. with the remaining £14, awardcd a fvrther four chwilics in Febary 2024. The granis were awardcd 10 a VaTi¢ty ol-chariiics in linc wilh ihc j¢¢t1¥C of thc Foundation of allcviating hardship in thc communiiies th¢ FIJun4Jutinn op¢r¥ in. Nominaiinns areconsidued on basi4 lry the chJriry ¢ommitt¢¢ and Trust¢¢% $u¢h thai amount$ are •warded lo ¢a¢h ¢h•rity for a S¢IfiC purywe. Th¢ rnn¥¢ ol" iThiliaiiv¢s supportcd in thc ycar span providing clinical mcn&l hcalih $upport for ¢hilthn. io providing support for young p¢opl¢ wilh complcx disabilities, io providing 5UlVOrt and refuge for vulnerab]e w¢)rnen. 10 5UPtthing a tree planiing ¢¢0 th¢Tapy scheine ror lh¢ lo¢al community. Tr #rants m4d¢ by Brakneys Foundaiion have ¢n6ur¢d Ihat ilK obj¢¢liv¢s of lh¢ ¢h8riiy h8V¢ b¢cn mth. Flnancl81 Revle Rcsources expcndcd cxcccded incorning Tcsources in thc year by £5.025 (2023.. £5.427), howtvcr this was duc to ihc broiighi torward rclained fun¢l8 balan Ing U5cd io pari-fund th¢ lirsl tranchc of gran1¥ in th¥. ycar. Thc FoundaliL)n I0XI with rn'tained lun(lè" of£(941 at the year l?023.' £4.931}."rh¢ Statemeni of Finaneitil Activities is sei out on pagL. 6. Income is derived from fund-AiSin8 evthis and donaiioN8. The Tn¢ beli¢ve th¢ ¢harity h&8 performed wcll in ib¢ ycar. with ¥rowth xb1cv1 in dwithbl¢ aciiYili¢$ •od in¢omc. Rlyk MaN•¥tmtnt The trnslecs havc 0$cd the major risks 1¢ which ihe charity is eXsed ind are saiisfied that systems are in placc to mitigate exposure lo the major risks. Regenej Poll¢y Thc trustce5 aim lo maintain ¢he Icvcl of frt¢ wsttv¢s ai an 4pprw#t¢ l¢v¢l to ¢nsur¢ thal the exp¢nditUTe of the Lharity may b¢ vered. Howevu. the level of eX11ture the clwity 15 exw)5ed io is any shur¢fall in ¢h¢ level of rts¢rY¢s n¢¢d¢d pay for exIdire &< and wrt il L% due will b¢ ¢ov¢r¢d by Rrabn¢rs LLP. T$1¢¢$. RespoD$lbllltl¢s The Iriisie¢s ar¢ T¢%pon5ible for preparing the'lntstees. Annual Rert and th¢ financial sta¢einents in a¢cordan¢e with applicable laiv and Unt*d Kingth)m AccwDting Stsrmjards (Uniicd Kingd(¥m 6enctally ALcwed Accounting Prncliccl. The law appli¢able to charities tn England and Waks requires the truaees to prepare financial stat¢m¢Dts for each ririon¢ial ycar which giv¢ a InK and fair vicw of ihc 5tatc of affair5 ofilic charity aJMI of ihc in¢¢)minB r¢.sowccs appli¢ation of Te5ourc¢s. including the irKom¢ aNd expuxliiw¢. oltht charity forthK year. In preparingthese financial stat¢m¢Dls. the ¢tust¢¢s are wuir¢J to: select suitable accouniing policies aThJ then awjly them ¢(sistentlY ob¥¢TV¢ the m¢thwls PTiNipl<s in the Ctwitivi SORP. makc judgnls and estimatcs that arc Tcafonablc and prudcnt: Slate whether applicable UK accounting sthttdarth" hBvc bccn followed. subject lo any material dwtyres discloscd and cxpl#Tncd in finartcial th1cMls. artd prcpar¢ thc firtancial statcmcnts on the going eonccrn bJ5is unle&8 it is Inapprale to presumc that the haritablc wmpany will (wlnC i511%
BRABNEKS FOtJNDATION CIO Trustees. Rtport For the year 311 Apru 2024 The trustccs arc resp)ftsiblc for kccping prowxcouniing re&)rth that disclose with reason&ble aeeuraty at any ttmc Ihc finaftciAI posaiiOTh of the ehariiy and eftable i1 io etssurc 1kn thc financ1 slalcmcnis comply wilh the Chariiies Act 2011. the ¥pplicable Chartties {Accounts dnd Rq) regulations and the pn)visions of th¢ gov¢mirtb. doLU¢t. Thcy arc also rcsponsiblc for safcguarding thc asscts of ihc clwity aThJ knce for iaking rca50nabl¢ stcps for thc prevention and ddectioTr of fraud and other 1C8u1a[ltle ONBE Otr THE IIOAIiD L Nisbct Chair o(Trublccs Dale.. 2f February 2025
IWDEPENDEL¥T EXATrIThER'S REPORT TO THE TRusfEES OF BRABYERS FOUNDATION CIO
I report to the inisices on my examiliatiom of ihe fInal31 stsments of Brabm Foundation CIO ("the charÉty'l
fly the year ¢nded 30 April 2024, whiLh ate OUL OD 6 10 15.
Reswnsibililies and b1% of report
A8 the tnL4tt8 of the charity you are respoThsiblc foT thc prtwarion of thc finaneial statL7neiits in accordancc with
the requiranents of th¢ ChariiiLS Aci 2011 I'the 2011 Aci'l.
I r¢port in respect of my ¢x4minatson of th¢ chprity s accwnts Carri out witkr seciion 145 of the 2011 Act and
in carying f)ut my examination I have follow1 all the 3wli¢abk DireLtions given by tbe Ltharity Commi&4i
BRABNERS FOUNDATION CIO Statement of Flnamtlxl Acdvldes OxlMdlDg IMc•me 8nd ExpeDdilure Ac¢ouDt) For tht Year ¢Dded 3• April 2024 30 APAI 2024 Total 30 Aprll 2023 Total fuods fund5 Note INCOME Donations Income from clwilable activiti 10.919 45.509 3.720 14.639 45,509 31.7(f) 13.354 Tothl Income 56.428 3.720 60.148 45.063 EXPENDITURE Charitable activities Cosl of raisin¥ rUn- 39,610 21.843 3.720 43.330 21.843 47.441 3.049 Total expenditu 61.453 3.720 65,173 50.490 N¢t (expendltuY¢) before tranif¢rs (5,025) (3.025) (5,427) Net rnovwnent In fvnd$ f•r Ihe vur (5.025) (5,025) (5,427) R¢ronclll4tlon of funds: Fund balances brought forrd Fund bilane¢s earried fornard 4.931 (94) 4.931 (94) 10.35¥ 4,931 The charity has no recognised gains or losscs other than as slated in the SLqtement of Financia] Activiti¢s. All income and eXndItU derive from conrinuing activities.
Compam!, number CE016604 Charitv number: 1182163 BRABNERS FOUNDATION CIO Balante Sheet as at 3• April 2024 2024 2024 2023 2023 Note Current Assets Cash ar bank and in had 2,79] 30.108 Totsl current Issets 1791 30,108 Credlton: Amounls fallin8 due within one year 10 (2.8851 {25.177) Net eurrent a$s¢ts (94) 4,931 Iyet assets (94) 4.931 Charltable Funds Restricted Funds Unr¢stri¢tcd Funds (94) 4,931 Total Funds (94) 4,931 The finoncial 51atemcnLq welr aTh)Toved by the TT. and authorised for i.*sue 2P Febnjwy 2024 ¥nd were Signed on ihcir haIr by.. L Nisb CJJair of Trustees
BRABNERS FOUNDATION CIO Notes to the Flthaneil Ststements For the ytr ended 30 April 2024 Aeeounting Pollcles a) St•tutory information Brabnepi Foundation CIO is a charithbl¢ Inci)[aled orgonisali(xy registe1 wilh the Charily Commission in England & Wales. The regislered oifice address is Brabners LLP. Hor(on Housc. Exchange Flèg4 Liver. L2 3YL. b) Ba$1$ of prep#r¥¢lon The financial slatem¢nLs have ken prqwred under the hi4toric81 co%t convention with items rccogniscd at cost or transaction valuc unlcss oiherwisc slated in thc relcvant notcs to th¢ financial Sl<itements. The financial Ftatements are prepaTed in sterling. which is fun¢iion81 currency of the entity. Monctary amounts in ihcsc financial slatcmcnts arc roundd to thc ncarcst £. The financial 8tstements have bttn prepared in accordance with the Srnent of Recommended Practice.. Accounting and ReiK)rting by Charities: preparing ih¢ir accounts in accordance with the Financial Reporting Standard applicalion in the UK and Republic of Ireland (FRS 102) Issu in OLtob¢r 2019 and the binancial Reporting StsTKlard appIlble in lh¢ United Kingdom and Rcpuhlic of Ircland (FR$ 102) and the Charitios Act 2011 and UK ljencrdlly Acc¢ptcd Practice &$ it applies from l janary 2015. Thc financial slalements have ixcn prcpared lo ¥ive a'(rue and Cair. view and have depffied from the Chariiies (A¢¢ounls and Reports) Rcgulations 2(X)8 only to the exlenl required to provide a 'tTue and fair viTh'. Thi5 deparlure h&s Involv follow'ing Accounling and Reporting by Charitics preparing their ac¢owits in accordance with th¢ Financial Rcw)rting Standard applicabl¢ in th¢ UK and Republic of Ireland (FRS 102) issued in (ktotrKr 2019 Tather than the Accounting and Reporting by Charities.. Statement of ReCoMm¢d Practice effe¢tsve from l April 2005 which ha5 since been wiihdrawn. The Charity h&s taken advantage of the provisions in the SORP for Charitie5 applying FRS 102 Updalc Bullclin I not to prcparc a StstcnKni of Cash Flows. The Charity ¢onstinHes a publTc benefit entity as defined by FRS 102. e) Golng concern bssls The Tru51¢es have rsonable expcciaiion that the clwity h&% adwuate resources lo continue in operatio11 existence for the foreseeable future with no material uncertainties concerning thi5 ability to continue. hence the Trnsttts havc adoptcd the going concern basis in preparing the financial $tst¢ments. d) Income All income is recoglSed once the charity entitleJTMt lo ihe income. il is probable that the incorne will be receivaL and the amount of incoDK receivable can be measured reliably.
BRABNERS FOUNDATtON CIO Notes to the rm11 Ststements For the ye•T ended 30 Aprll 2024 Accounilng Pollcles- ¢oDthiutd e} Dontions in kittd Donai¢d servi¢cs arc ilded in incomin8 resources when Ihe benefii to the charily is reasonably qLW)lifiable and mcasurable. They are valued by Ihe irnslee the amount the ebarily would have been willing to pay for the lce on the open market. fy ExpeDditure Liabilities are recognised 2$ expenditiire &s g)01) as thar is a legal or Con$trlIVe obligalion committing thc charity to that cxp¢ndilurc, it is probablc ihai scnl¢mcnt will bc r(y4uir¢d. and the amount of th¢ obligation wi b¢ M[¢d rcliably. All expen(littJre is accounted foron an aL'enl'S basis. inclusive of any VAT which cannot be recovered. All expeDses including support costs and governance costs are allocated or apwrtioned lo the applicable expendiitwe heading¥s. Grants payablc arc paymcnts made to third partics in thc furthcrancL' ofthc charitsblc objcctivcs of the Charity. Grnnts Are accounted for ,he eithLT the tccipient has a rcL50nablc cxpcctation that they will receiv¢ a grdnt and the truslees hav¢ a¥reed to pay the grant without condition, or the recipient ha5 a reasonable expeclalion that they will rec¢iv¢ a granl and any condition attaching to th¢ grant is outside of the ¢ontrol of the Charity. Govemanee costs are related lo the governance of the charity. such as aoUntancY and indendent cxaminalion fccs. 2) Fund a¢¢oundllg Funds held by (hc ¢harily are eiiher. UnTestri¢ted funds whieh can be used in ace(KdalC with the charilablc objectives at the discrction of thc t1¢¢5. Rcstri¢i¢d fiin(ts which Can only b¢ fora particularrc51ricied purp)sc wiihiD IIK charitsble obje¢tiv¢¥. h) Flnanclal lttstrnmtnts The Charity has elecied io apply the provisions of Scction I I 'B&sic Financial Instruments, and Section 12 '0th¢r Financial Instruments Issues. of FRS 102. in fvll, to all of its financial instruments. Financial gsscts and financial liabAliti(¥ arc r¢w8ttiscd wh¢D Charity born¢s a party to thc contractual provisions of the instrnmeni and are offsei only when ihe Charity CUTr¢ntly has a legally enfow¢abl¢ right to set off ihe Tecognis¢d amounts and intends ¢iiher to s¢ttl¢ on a net basi5, or to realise ihe &sset and settle the liability simultaneously. i) Flnancial assets other debtors whiLh are receivable within one year and which do not constitslte a finan¢in¥ trnnsaaion arc initially measured at the traDs8ction priec and subsequently mcasurcd at amortiscd (x)st. being the tronsaction pric¢ less any omounts settled and Any impairment Ii)sses. j) FIDancial liabllitles Finw)cial inslrumenls arc classified as liabililics according lo the sub5knnce of ihe contraciual arrangements entered in. Trade and other crcditors payable within one yearthal do not consiiW* a financing transaction ar¢ initially m¢&sur¢d at the traTLsaction pri¢¢ and subs¢qucntly mc&surcd at amortiscd cos¢ being the transaction price less any aynounts Settled.
BRABNERS FOUNDATION CIO Notes to the Fknallelal Ststemellts For the year ended 30 April 2024 Aceountlng PoMdes- tontlllued k) Contlngent Ilabllltles A conlingeni liability is idenlified and disclosed for those grant5 Su[ting from: a pobsiblc obligalion which will only be coftfirm¢d by lh¢ (xcwrcnce of one or more uncemain future events not wholly within the tTUStees' control. or a present obligation following a grnnt offer where settlement is either not considered probablc. or the amouni has not been communited in th¢ grant offcr and that amount cannot bc estimated reitably. l) Criti¢41 aceovnting estimates •Dd judgements The INt*leeb believe Ih&t eIte5 and assumptio• do not hav¢ 3 5ignifi¢anl risk of causing a matcrial difference lo tbe canyin8 amounts of assets a1 liabilitie5 within the Dext fitwicial year. Donadons Umrestrleled Restricted Totsl 2024 Total 2023 t)onations Donations in kind 10.919 10,919 3,720 28.859 2.850 3.720 10,919 3,720 14.639 31,709 Income from ebarltable aetlvhl Total 2024 Total 2023 Fundraising 45.509 13,354 45.509 13,354 The total income rryeived from charitable activities of £45,509 (2023: £13,354) was charged to unrestricted fun(ts. Charitable Activitie5 Total 2024 Total 2023 Grants to instAtiKAOnS (D)tr 7) Governance costs 39,610 3,720 44.591 2.850 43,330 47,441 Of thc total CAldIturC on charitabk activiti of £43,330 (2023: £47.441). £39.610 (2023: £44.591) was charged 10 unrestrictcd fiuth and £3,720 (2023: £2,850) was charged to restTi¢lcd funds. io
BRABNERS FOUNDATION CIO Notes to the Flnndl Statemellts For the ye*r end¢d 30 April 2024 Governance costs Total 2024 Total 2023 Indepcndent cxam 3,720 2,850 3.720 2.850 The total governallce costs of £3.720 was ¢barged to restri¢Qd fimds (2023: £2.850). Cost of ralslng funds Total 2024 Total 2023 Fundraising evcnts 21,843 3,049 21,843 3.049 The tothl cost of rdising funds of £21.843 wos Charged io unrestricted funds (2023: £3,049).
BRABNERS FOUNDATION CIO Notes to the Flnnetl St#temtnts For tht yr ended 30 AprAI 2024 Grants to Instllutlolls Total 2024 Total 2023 Eeo Th¢rdpy Garden. Kirkby Liverpool in Anns Local Solution5 Lancashirc Teaching H05pitsls Charily Place2Bc Trafford Rape C,risis Lccds Childrcn's Chariry Hive Youth Zone Pankhurst Liiile Lady Locks Scashcll When You Wish Upon A Stsr M¢dEquip4Kids Wigan Boys & Gir15 Club Auiism Iniiialive.8 Mental Health Foundation Macmillan In Your Shoes I Poppy's Pdlacv tarches & Savi¢k Boxing Club Leeds Baby Bank Koala North Wcsi Alder Hey Children's Charity (NeA)na¢al Surgical Appeal) Kicks Count Nu¥¢DI Care North Wcst Cancer Research Es¢ape2Make Bolton Lads & (pirls Club Blackburn Music S(*icry 5.000 4,750 2.500 2.1XJO 5.000 3,360 5.(M)O 3.(K)O 3.(XlO 3.(0 3.000 .590 5.452 3,999 2.500 3,500 2,500 1.500 3,000 2,500 1.800 1.000 s.IX)O 2,500 1.500 2.500 750 39,610 44,591 12
BRABNERS FOUIYDATION CIO Notes to the FinaRC1 SAatemenls For the year eDded 30 April 2024 Total resources expended No s¢aff are employed by the Charity and no employe rcceivcd cmployce bcncfits of inorc than £60,000. The Tntstees received no remunuotion12023: non¢) and wcre not r¢imbuTscd for any cx[s. Tailtion The Charity is exempi from tax on iome and gain5 falling within Part I l uf the CO011n Tax¢s Act 2010 or seclioo 256 of the Taxation of Clwitabl¢ GaiDS Art 1992 10 th¢ ¢xtent that these are applied to IL8 charitable objects. io Credllors Tot*1 2024 Totxl 2023 "rradc crcdilorb Amounls due io Brabn¢rs LLP Grants payabl¢ 253 2.632 3.675 21,502 2.885 25,177 13
BRABNERS FOUNDATION CIO Notes to the FMaA¢l Skntemcnts For the year eBded 30 April 2024 Analysls of funds Balance at Imay 2023 Income Expenditure Transfers Balance At 30 Aprll 2024 Unrestricted Funds Restricted Funds 4,931 56,428 3.720 (61.453) (3.720) (94) Total Funds 4.931 60,148 (65.173) (94) Balance at Imay 2022 Income Expenditure Trnnsfers Balance at 30 April 2023 Unrestricte4J Tr'unds RestriCd Funds IOJ58 42,213 2.850 (47,640) {2.850} 4.931 Total Funds 10,358 45.063 (50.490) 4.931 12 Analy515 of net *S5ets between funds Unrestrlcted Restrlcted Funds Funds Total 2024 Debtors Cash in bank and in Iw)d 1791 2,791 Credi(ors 2.885 TL)tal Funds 94 94) Unrestricted Restrieled Funds Fundy Total 2023 Debtors Cash in bank 3nd in hand 30,108 25.177) 4,931 30.108 25.177) Creditors Tolal Fun 4.931 14
BRABNERS FOUNDATION CIO Note% to the FlnaAthl Sth¢ements For tht year eDded JO April 2024 13 Donations in kind Brabncrs LLP donated s¢aff time to help sct up and run thc administralion and financc nCtiOn of th¢ charily throughout the year. Thc amount of this donation in kind cannoi quaniificd. Brabners LLP also paid for the indcpendeTrl examination for th¢ charily bul expecled no payment from the Charity for Ihese. Deiail of ihis IrJn5ac(ion can be &¢en in note 2 and note 5. 14 Related Party Tr#ns*ttlons Brabners LLP is a relaied party of BTabners Fowmkntion CIO. 3 designaied meMrS of Brabners LLP are J150 tTUStees ofthe foundation. Brabners LLP held some income and paid bome cxpenses on bchalf of lh¢ chariiy in ihe year. An amount of £(2.632) (2023: £nil) was oulslandiiig at the yw end. This is included wiihin credilorb and w&s IransfeTred from Ihe charily bgnk 8ccounl yft¢r year cnd. Donations in kind of £3,720 {21)23: £2.S50) for donaicd Scr¥1¢ are includcd in incoming resources. These rel•i¢ to independent exam ftts paid on behalf of the chartty. 15 ContlnRellt Ligbllity The Brabners Foundation CIO understands that in ordu re¢¢iv¢ donaiions from untraced or domianl accouni clienl funds (he charily m1 provide Brabners LLP wilh indemnily ihal should ihe entitled legal owmers of the money make conlacl with thc firni or be iraced by the finn th¢n Th¢ Brabncrs FoLLndation will saiisfy any legitimate claim put fonvard on bchalf of lh¢ cli¢nl by the firni. This wntsact was sId ty the Trustees on 21 MCh 2021. 15