Bromley Relief in Need CIO
Trustees’ Annual Report
For the period from 1st January 2024 to 31st December 2024
Charity registration number: 1185879
Introduction
Bromley Relief in Need (BRiN) continues to help the poor of Bromley. The charity started in 1631 when the Bishop of Rochester made a donation for the benefit of the poor of Bromley Parish Church. We now cover the whole of the London Borough of Bromley and not just the parish boundaries of Ss. Peter and Paul, Bromley. Our heritage continues to be reflected in that the Vicar of Bromley Parish Church continues to be the chair of Trustees.
Trustees report for the period ending 31st December 2024
Our objectives are
To provide relief, either generally or individually, to persons resident in the London Borough of Bromley who are in conditions of need, hardship or distress.
We do this by providing essential items such as cookers, fridge/freezers, washing machines, beds/mattresses and secondhand furniture. To ensure that the need is genuine, we only accept referrals from professional thirdparty sponsors such as social workers, healthcare professionals, religious leaders or another charity.
We received 112 (93) applications for support in 2024 but only 103 were valid, (3 were fraudulent and 6 were for people living outside the London Borough of Bromley). Of these 68 (42) were deemed to be sufficiently in need to warrant acceptance and 2 had not been concluded by the year end. Some were referred to other more appropriate charities, such as Bromley Brighter Beginnings and Bromley Homeless Starter Packs. We continued our partnership with the Beckenham Parochial Charity to refer cases falling within their area of work. Figures in brackets are numbers for last year
Trustees
The trustees met rarely but had frequent informal email communications to ensure timely response to applications. Every decision was discussed by a majority of trustees. Trustees have overall control and responsibility for policy and major decision making. They are unpaid and make no expense claims. There are no employees or volunteers. There are also no overheads. We believe that our efforts ensure that our charity works to the public benefit in accordance with the Charity Commission Guidelines.
Our current trustees at 31[st] December 2024 were
Jessica Arnold Peter Ayres Jane Cleveland Simon Jeal James Harratt (Chair and ex-officio trustee)
Keith Nye Edwin Leslie Tree
Financial
Our income rarely met expenditure over the last few years of the charity. However, 2023 was an exceptional year with donations reaching a level not seen in recent memory, the majority of which came from churches and their members. Unfortunately, this did not continue into 2024, when there was a sharp fall in income and increase in demand. There was an income of £7513 (£16368) against an expenditure of £12,387 (£9738).
Figures in brackets are numbers for last year
The accounts have been prepared by a trustee, Edwin Tree, and independently verified. They have been prepared on a receipts and payments basis.
Signed on 20/3/2025
Signed on 20/03/2025
By
James Harratt (chair of Trustees)
By Edwin Tree (Treasurer and Trustee)
BROMLEY RELIEF IN NEED reg: 1185879 STATEMENT OF FINANCIAL ACTIVITIES 1st January 2024 to 31st December 2024
The accounts have been prepared on a receipts and payments basis.
| INCOMING RESOURCES | 2024 | 2023 |
|---|---|---|
| Dividend Income Income COIF | 1485 | 1449.76 |
| Investment Income M&G | 1291.01 | 1175.99 |
| Investment income Bath Bond | 50 | 50 |
| Donations | 3300 | 12613.81 |
| Bank interest | 8.18 | 8.85 |
| HMRC Gift Aid | 1378.68 | 1069.78 |
| Total incoming | 7512.87 | 16368.19 |
| RESOURCES EXPENDED | 2024 | 2023 |
|---|---|---|
| Grants | 12377 | 7738 |
| Investment COIF | 0 | 2000 |
| Bank Charge | 10 | 0 |
| Total Outgoing | 12387 | 9738 |
| NET INCOMING | -4874.13 | 6630.19 |
Book value of shares
| Number of shares* | Number of shares* | Date | 20241231 | 20231231 | 20221231 |
|---|---|---|---|---|---|
| 7703.612 | Charibonds shares | 8833.82 | 8833.82 | 8833.82 | |
| 1015 | Charifund Units | 2343.99 | 2343.99 | 2343.99 | |
| Sold | NS Income Bonds | 0 | 0 | 0 | |
| 1 | Bath sola bond | 1000 | 1000 | 1000 | |
| 2688.28 | COIF shares | 5013.08 | 5013.08 | 3013.08 | |
| Total Investments | 17190.89 | 17190.89 | 15190.89 |