Annual Report & Returns
Financial year ending: 31st May 2022
Charity Number: 1183414
Trustees
Dr Samuel Thomas
Miss Natalie Thomas
Mr Edward Thomas
Charity Number : 1183413
Auditors: Cheney & Co. 310 Wellingborough Rd, Northampton, NN1 4EP
Accountants: Cheney & Co. 310 Wellingborough Rd, Northampton, NN1 4EP
Bank: Barclays, 8 Market Street, Wellingborough, Northamptonshire NN8 1AT
Solicitors: Macfarlanes LLP, 20 Cursitor Street, Holborn, London, EC4A 1LT
Trustees Report for financial year ending 31st May 2022 .
The Thomas Brington Foundation Trustees present their annual report and annual return for the financial year ending 31st May 2022.
Structure, Governance and Management
The foundation registered with the charity commission on 14th May 2019. It was established following an initial gift from Robert Thomas, founder of Bob Thomas Sports Photography (BTSP). A proportion of royalties from BTSP image sales will then form an income stream to the foundation to ensure it can continue its work. The foundation does not actively fund-raise and aims to continue charitable work desired by Robert Thomas through management of its current resources and the continued production of income from photographic royalties.
At present the income stream from BTSP still comes in the form of an annual lump sum of £30,000 and will continue to do so for the time being going forward. The current trustees are all first trustees, as per our constitution there must always be 3 trustees.
At quarterly trustee meetings, the trustees agree broad strategy for grant making and have all contributed to the administrative tasks of setting up and running a charitable foundation.
All work undertaken by the trustees is done on a volunteer basis, there is no financial remuneration for the trustees. The only expenditures the foundation incurs is a fee for a website domain and the use of an accountant for generation and filing of independent examiners report and annual returns.
All trustees are subject to the requirements of the foundation’s constitution with regards to the conflict of interest register, risk register and reserves and investments policy. These are reviewed regularly and detailed below:
Risk management - the trustees consider the risks the foundation may be exposed to. The only risk that the foundation is subjected to is a fall in income due to poor returns from the photographic royalties of BTSP.
Conflict of Interest - the trustees are required at each meeting to consider and declare any potential conflict of interest they may hold. As the trustees operate on a volunteer basis and have no affiliation with other charitable organisations there is minimal potential for conflicts of interest however Dr Thomas does occasionally have reason to signpost or refer patients to some of the organisations that are funded by the foundation, these are declared on our conflicts of interests register and Dr Thomas abstains from voting on these organisations when allocating grants.
Reserves & Investments - due to the low figures currently involved in the grants being distributed, the foundation does not currently require an active investments policy. This is constantly being reviewed. Similarly, the policy on a reserve amount to be held is yet to be set. With the knowledge of a continued income stream, providing meaningful grants in the first year was prioritised over having a reserve figure. This is reviewed at least once a year during trustee meetings.
Grant Making
As a foundation there is an annual deadline for grant proposals from local charities and organisations. This deadline is the 15th January, following this date the trustees will meet (as one of the quarterly meetings) to discuss the grant proposals and deliberate which proposals will qualify for funding up to a value of £10,000 per proposal (this year).
The criteria for funding application is that the charity must operate in Northamptonshire and that they work to prevent or relieve homelessness or its sequelae (namely addiction or substance misuse).
Charities and organisations are able to apply by downloading and completing an application from found at www.thomasbringtonfoundation.org or by filling in an online template through the same website.
Objectives & Aims
The main aims of the foundation are to fund education, prevention and relief of homelessness in Northamptonshire.
Providing financial grants to existing charities and organisations that work towards these ends. The foundation aims to assist those charities and organisations that perhaps do not always qualify for government funding, those that ‘fall through the cracks’ in the system.
The beneficiaries of the grants are, to date, predominantly registered charities with the exception of one, which was a charitable branch of a housing group aimed at relieving homelessness.
Review of Activity 2022
4 grants were agreed in 2022, a grant from 2021 has been included in this years annual report as it was not issued until after the publishing deadline for the 2021 report.
Outstanding grant issued in 2021
- Homestart Daventry - £3000 for an ‘isolation buster’ - The Isolation Buster Project was described to target children, families and parents vulnerable or at risk due to their isolation - which had only been worsened during the COVID 19 pandemic. They cite that the support they offer at the early intervention stage could prevent social services support at a much higher cost.
The grants issued for 2022 were as follows:
-
The Lowdown - a mental health advice service operating in Northampton for 11-25 year olds. Requested £6750 for the purpose of providing an extra 150 one to one counselling sessions for young people in the local area. Some of the issues the lowdown can assist with/offer advice upon are things such as housing, relationships, mental health and substance abuse. By 1st April 2022 The Lowdown had delivered 112 extra counselling sessions. The trustees had been invited to their AGM on 13th December - unfortunately no trustees were available to attend.
-
Eve - Requested £10,000 to contribute towards the provision of a part time domestic abuse relief worker. Eve are a Northamptonshire based domestic abuse charity that offers a refuge for victims of domestic abuse as well as training for organisations on identifying domestic abuse and helping victims prepare for life after abuse.
-
Restore - £10,000 to continue to provide a food bank project co-ordinator and a support worker - this is continuation of a previous grant given by this foundation to Restore. Prompted discussion amongst the trustees about policies for grant making - decided that no single charity project would be funded for more than 3 years consecutively, we feel this is time enough for the charities to restructure their internal funding/fundraising efforts to ensure these projects continue. As a foundation that is designed to give relatively small
donations to small charities we cannot afford to become part of a charities financial structure or planning. Restore informed of this at the time of grant issuing this year to ensure they have approx 12 months notice that this project will not be funded again. Our terms and conditions (given to charities on receipt of a grant will be updated to this effect).
- ENCS - pledged £4000 to the purchase of premises in Rushden - this would provide homeless individuals a place to list as their registered address in order for them to be able to set up bank accounts, have a means of being contacted by post by potential employers and for any official correspondence to be sent to them.
No visits to any of the above organisations occurred during this 12 month period. Restore were visited in the new year of 2023.
Plans for the future
The trustees are focussed on ensuring that the foundation’s visibility is improved throughout the social care system. Our new social media presence has enabled us to increase our visibility however this has not yet yielded an increase in application numbers.
Our website will have documented testimonials from organisations to demonstrate first hand the outcomes of successful grant proposals following their implementation.
The foundation will continue to receive grant proposals, working towards an annual review deadline and subsequent grant distribution each year.
We have streamlined our application process so that there is now an online template to be filled in rather than one that needs to be printed off and filled in.
REGISTERED COMPANY NUMBER: CE017499 (England and Wales) REGISTERED CHARITY NUMBER: 1183414
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st May 2022
for
The Thomas Brington Foundation
Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
The Thomas Brington Foundation
Contents of the Financial Statements for the year ended 31st May 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
The Thomas Brington Foundation
Report of the Trustees for the year ended 31st May 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The trustees present their report with the financial statements of the charity for the year ended 31st May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide relief of poverty and homelessness in the UK by providing grants to charities and other organisations working to prevent or relieve poverty.
Public benefit
The Charity is a public benefit entity and the trustees believe they have met the Charity Commission's public benefit criteria.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity has been successful in its handing out of grants to projects working to prevent or relieve poverty and homelessness.
FINANCIAL REVIEW
Reserves policy
The trustees' reserves policy is to ensure that there are adequate resources available to continue the charitable activities of the organisation. To this end the trustees have managed the reserves prudently and have a balance of £4,269 at the year end.
The donations received have remained constant this year which has resulted in a small deficit for the year of £74.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated Organisation (CIO).
Recruitment and appointment of new trustees
The recruitment and appointment of trustees will rest with the trustees after determining whether their assistance will benefit the charity from the skills they offer to assist in the ruling and governing of the Charity.
Organisational structure
The Charity is made up of the three trustees and as such there is no specific formal organisational structure.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE017499 (England and Wales)
Registered Charity number
1183414
Registered office
The Old Mill Overstone Farm Overstone Northampton NN6 0AB
Trustees
Mr E D Thomas Trustee Miss N A Thomas Trustee Dr S R Thomas Trustee
Page 1
The Thomas Brington Foundation
Report of the Trustees for the year ended 31st May 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
P A Sparks Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees of The Thomas Brington Foundation are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will
-
continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 20th February 2023 and signed on its behalf by:
Dr S R Thomas - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Thomas Brington Foundation
Independent examiner's report to the trustees of The Thomas Brington Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st May 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P A Sparks Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
20th February 2023
Page 3
The Thomas Brington Foundation
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities MAIN NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Statement of Financial Activities for the year ended 31st May 2022 2022 Unrestricted fund Notes £ 30,000 30,074 (74) 4,343 4,269 |
2021 Total funds £ 30,000 |
|---|---|---|
| 27,300 | ||
| 2,700 1,643 |
||
| 4,343 |
The notes form part of these financial statements
Page 4
The Thomas Brington Foundation
Balance Sheet
31st May 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 4,593 | 4,943 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (324) | (600) |
| NET CURRENT ASSETS | 4,269 | 4,343 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 4,269 | 4,343 | |
| NET ASSETS | 4,269 | 4,343 | |
| FUNDS | 6 | ||
| Unrestricted funds | 4,269 | 4,343 | |
| TOTAL FUNDS | 4,269 | 4,343 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20th February 2023 and were signed on its behalf by:
Dr S R Thomas - Trustee
The notes form part of these financial statements
Page 5
The Thomas Brington Foundation
Notes to the Financial Statements for the year ended 31st May 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
2. GRANTS PAYABLE
| GRANTS PAYABLE | |||
|---|---|---|---|
| MAIN | 2022 £ 29,750 |
2021 £ 27,000 |
|
| Home Start | 3,000 | ||
| Lowdown | 6,750 | ||
| Eve | 10,000 | ||
| Restore Northampton | 10,000 | ||
| Total grants to institutions | 29,750 | ||
Page 6
continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st May 2022 nor for the year ended 31st May 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st May 2022 nor for the year ended 31st May 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
6.
| Unrestricted | |||
|---|---|---|---|
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 30,000 | ||
| EXPENDITURE ON | |||
| Charitable activities | |||
| MAIN | 27,300 | ||
| NET INCOME | 2,700 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 1,643 | ||
| TOTAL FUNDS CARRIED FORWARD | 4,343 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Accruals and deferred income | 324 | 600 | |
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1.6.21 | in funds | 31.5.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 4,343 | (74) | 4,269 |
| TOTAL FUNDS | 4,343 | (74) | 4,269 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 30,000 | (30,074) | (74) |
| TOTAL FUNDS | 30,000 | (30,074) | (74) |
Page 7
continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.6.20 | in funds | 31.5.21 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 1,643 |
2,700 | 4,343 |
| TOTAL FUNDS 1,643 |
2,700 | 4,343 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 30,000 |
(27,300) | 2,700 |
| TOTAL FUNDS 30,000 |
(27,300) | 2,700 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.6.20 | in funds | 31.5.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,643 | 2,626 | 4,269 |
| TOTAL FUNDS | 1,643 | 2,626 | 4,269 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,000 | (57,374) | 2,626 |
| TOTAL FUNDS | 60,000 | (57,374) | 2,626 |
Page 8
continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
7. CONTINGENT LIABILITIES
There were no contingent liabilities at 31st May 2022 or 31st May 2021.
8. CAPITAL COMMITMENTS
There were no capital commitments at 31st May 2022 or 31st May 2021.
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st May 2022.
Page 9
The Thomas Brington Foundation
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Grants payable Support costs Finance Accountancy fees Total resources expended Net (expenditure)/income |
Detailed Statement of Financial Activities for the year ended 31st May 2022 2022 2021 £ £ 30,000 30,000 30,000 30,000 29,750 27,000 324 300 30,074 27,300 (74) 2,700 |
Detailed Statement of Financial Activities for the year ended 31st May 2022 2022 2021 £ £ 30,000 30,000 30,000 30,000 29,750 27,000 324 300 30,074 27,300 (74) 2,700 |
|---|---|---|
| 30,000 27,000 300 |
||
| 27,300 | ||
| 2,700 |
This page does not form part of the statutory financial statements
Page 10
REGISTERED COMPANY NUMBER: CE017499 (England and Wales) REGISTERED CHARITY NUMBER: 1183414
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st May 2022
for
The Thomas Brington Foundation
Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
The Thomas Brington Foundation
Contents of the Financial Statements for the year ended 31st May 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
The Thomas Brington Foundation
Report of the Trustees for the year ended 31st May 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The trustees present their report with the financial statements of the charity for the year ended 31st May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide relief of poverty and homelessness in the UK by providing grants to charities and other organisations working to prevent or relieve poverty.
Public benefit
The Charity is a public benefit entity and the trustees believe they have met the Charity Commission's public benefit criteria.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity has been successful in its handing out of grants to projects working to prevent or relieve poverty and homelessness.
FINANCIAL REVIEW
Reserves policy
The trustees' reserves policy is to ensure that there are adequate resources available to continue the charitable activities of the organisation. To this end the trustees have managed the reserves prudently and have a balance of £4,269 at the year end.
The donations received have remained constant this year which has resulted in a small deficit for the year of £74.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated Organisation (CIO).
Recruitment and appointment of new trustees
The recruitment and appointment of trustees will rest with the trustees after determining whether their assistance will benefit the charity from the skills they offer to assist in the ruling and governing of the Charity.
Organisational structure
The Charity is made up of the three trustees and as such there is no specific formal organisational structure.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE017499 (England and Wales)
Registered Charity number
1183414
Registered office
The Old Mill Overstone Farm Overstone Northampton NN6 0AB
Trustees
Mr E D Thomas Trustee Miss N A Thomas Trustee Dr S R Thomas Trustee
Page 1
The Thomas Brington Foundation
Report of the Trustees for the year ended 31st May 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
P A Sparks Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees of The Thomas Brington Foundation are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will
-
continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 20th February 2023 and signed on its behalf by:
Dr S R Thomas - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Thomas Brington Foundation
Independent examiner's report to the trustees of The Thomas Brington Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st May 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P A Sparks Cheney & Co 310 Wellingborough Road Northampton NN1 4EP
20th February 2023
Page 3
The Thomas Brington Foundation
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities MAIN NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Statement of Financial Activities for the year ended 31st May 2022 2022 Unrestricted fund Notes £ 30,000 30,074 (74) 4,343 4,269 |
2021 Total funds £ 30,000 |
|---|---|---|
| 27,300 | ||
| 2,700 1,643 |
||
| 4,343 |
The notes form part of these financial statements
Page 4
The Thomas Brington Foundation
Balance Sheet
31st May 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 4,593 | 4,943 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (324) | (600) |
| NET CURRENT ASSETS | 4,269 | 4,343 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 4,269 | 4,343 | |
| NET ASSETS | 4,269 | 4,343 | |
| FUNDS | 6 | ||
| Unrestricted funds | 4,269 | 4,343 | |
| TOTAL FUNDS | 4,269 | 4,343 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20th February 2023 and were signed on its behalf by:
Dr S R Thomas - Trustee
The notes form part of these financial statements
Page 5
The Thomas Brington Foundation
Notes to the Financial Statements for the year ended 31st May 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
2. GRANTS PAYABLE
| GRANTS PAYABLE | |||
|---|---|---|---|
| MAIN | 2022 £ 29,750 |
2021 £ 27,000 |
|
| Home Start | 3,000 | ||
| Lowdown | 6,750 | ||
| Eve | 10,000 | ||
| Restore Northampton | 10,000 | ||
| Total grants to institutions | 29,750 | ||
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continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st May 2022 nor for the year ended 31st May 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st May 2022 nor for the year ended 31st May 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
6.
| Unrestricted | |||
|---|---|---|---|
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 30,000 | ||
| EXPENDITURE ON | |||
| Charitable activities | |||
| MAIN | 27,300 | ||
| NET INCOME | 2,700 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 1,643 | ||
| TOTAL FUNDS CARRIED FORWARD | 4,343 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Accruals and deferred income | 324 | 600 | |
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1.6.21 | in funds | 31.5.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 4,343 | (74) | 4,269 |
| TOTAL FUNDS | 4,343 | (74) | 4,269 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 30,000 | (30,074) | (74) |
| TOTAL FUNDS | 30,000 | (30,074) | (74) |
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continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.6.20 | in funds | 31.5.21 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 1,643 |
2,700 | 4,343 |
| TOTAL FUNDS 1,643 |
2,700 | 4,343 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 30,000 |
(27,300) | 2,700 |
| TOTAL FUNDS 30,000 |
(27,300) | 2,700 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.6.20 | in funds | 31.5.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,643 | 2,626 | 4,269 |
| TOTAL FUNDS | 1,643 | 2,626 | 4,269 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,000 | (57,374) | 2,626 |
| TOTAL FUNDS | 60,000 | (57,374) | 2,626 |
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continued...
The Thomas Brington Foundation
Notes to the Financial Statements - continued for the year ended 31st May 2022
7. CONTINGENT LIABILITIES
There were no contingent liabilities at 31st May 2022 or 31st May 2021.
8. CAPITAL COMMITMENTS
There were no capital commitments at 31st May 2022 or 31st May 2021.
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st May 2022.
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The Thomas Brington Foundation
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Grants payable Support costs Finance Accountancy fees Total resources expended Net (expenditure)/income |
Detailed Statement of Financial Activities for the year ended 31st May 2022 2022 2021 £ £ 30,000 30,000 30,000 30,000 29,750 27,000 324 300 30,074 27,300 (74) 2,700 |
Detailed Statement of Financial Activities for the year ended 31st May 2022 2022 2021 £ £ 30,000 30,000 30,000 30,000 29,750 27,000 324 300 30,074 27,300 (74) 2,700 |
|---|---|---|
| 30,000 27,000 300 |
||
| 27,300 | ||
| 2,700 |
This page does not form part of the statutory financial statements
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