## **Trustees’ Annual Report**
**From 01/01/2020 Period start date To Period end date**
## **31/12/2020**
## **Charity name: Redbrik Foundation**
## **Charity registration number: 1188949**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|TO ADVANCE SUCH CHARITABLE
PURPOSES (ACCORDING TO THE LAW
OF ENGLAND AND WALES) AS THE
TRUSTEES SEE FIT FROM TIME TO
TIME IN PARTICULAR BUT NOT LIMITED
TO THE SUPPORT OF CARE OF THE
YOUNG AND END OF LIFE CARE BY
MAKING GRANTS AND AWARDS TO
OTHER CHARITABLE ORGANISATIONS
IN THE SOUTH YORKSHIRE AND
DERBYSHIRE REGION.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Fundraising. For the year 2020 this was
made up of a Christmas Party for the staff
of Redbrik Estate Agents who donated
money to the Redbrik Foundation in lieu of
money they would normally have spent on
a taxi, makeup etc for a physical party as
would have taken place in a non-Covid
year. It is then planned that the money
raised will be awared as grants to other
local charties and charitable causes.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|‘The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit’|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|1. Application received.
2. Initial Assessment Form completed
and move to step. 3.
3. Charity researched on the Charity
Commission website, whereby an
application is only able to move to
step. 4 should the traffic light
system used be‘Green’.|
4. Do any of the trustees need to declare a conflict of interest i.e. are they involved in another capacity with the organisation requesting the grant? If so, they would remove themselves from the decisionmaking process prior to step. 5 (see conflict of interest register below) 5. Trustees vote to award grant, on a ‘yes’ or ‘no’ basis whereby the vote with the highest number wins. 6. The charity requesting the grant is then contacted with our decision. If approved, we would then request their bank account details on official letterhead paper – only finally transferring the grant should the bank account be in the name of the charity requesting the money (i.e. not an individual) N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other
## **Achievements and Performance**
SORP reference
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The financial year 01/01/20 – 31/12/20 was
the first as a registered charity and due the
the Covid outbreak our ability to raise funds
has been modest.
By the end of the year we undertook our
first fundraising event which was a
Christmas Party at Redbrik Estate Agents.
The staff donated money to the foundation
that they would have otherwise spent on a
taxi or makeup etc for a physical party.
They raised £462.
The other achievements were getting the
charity formally established in April, setting
up a bank account and publicising the
foundation and the good work we plan to
do with it.
The plan for 2021 is to undertake our first
‘major’ fundraising event, along with 1-2
others, appoint a trustee who is external
from Redbrik Estate Agents and establish a
client donation and match funding
programme through Redbrik Estate Agents.|
|---|---|---|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|N/A|
|Performance of fundraising
activities against objectives
set|Para 1.41|N/A|
|Investment performance
against objectives|Para 1.41|N/A|
|Other||N/A|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the 2020 financial year there
was £561.97 in the bank account of which
£461.97 came from the aforementioned
fundraising and £100 one off donation from
Redbrik Estate Agents.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The full funds were held in the account by
the end of the financial year to roll over to
the next year until a meaningful amount
has been raised to be donated as grants.|
|Amount of reserves held|Para 1.22|£561.97|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The general public, other local business,
staff of Redbrik Estate Agents and Redbrik
Estate Agents.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Covid 19 severely impaired the ability of the
foundation to raise funds in our inaugural
year.|
|A description of the principal
risks facing the charity|Para 1.46|We do not see any material risks for the
charity going forward, assuming Covid 19 is
no longer an issue for wider society. If so,
our ability to fundraise could continue to be
impaired.|
|Other||N/A|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|As a CIO we are actively pursuing other
trustees who are not associated with or
part of Redbrik Estate Agents.|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|We have no such policy or procedure in
place yet, however this may change.|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charities organisational structure is
governed by the four trustees who
undertake all the planning (but not
necessarily implementation) and grant
selection. David Cooper is the chair and
lead trustee.
We plan to leverage our reputation in the
wider local business community in respect
of appointing external trustees, fundraising
and support.|
|Relationship with any
related parties|Para 1.51|The foundation is a CIO and therefore a
‘corporate’ charity with close links to our
estate agency business Redbrik Estate
Agents.|
|Other||N/A|
## **Reference and Administrative details**
|Charity name|Redbrik Foundation|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1188949|
|Charity’s principal address|Redbrik Estate Agents
987 Abbeydale Road
Sheffield
S7 2QD|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Mr David Cooper||07/04/2020 – 31/12/2021||
||Mr Mark Ross||07/04/2020 – 31/12/2021||
||Mrs Julie Bulheller||07/04/2020 – 31/12/2021||
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## – Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
|**Funds held as custodian trustees on behalf of others**|**Funds held as custodian trustees on behalf of others**|
|---|---|
|Description of the assets
held in this capacity|N/A|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|N/A|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
N/A
## **Other optional information**
N/A
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** David Cooper
**Full name(s)** Mr David Cooper **Position (eg Secretary,** Chair/Trustee **Chair, etc)**
**Date** 11/10/2021
**Charity Name**
**N**
## **Recei ts and a ments accou p p y**
01/01/2020 **To**
**For the period from**
## **Section A Receipts and payments**
**Unrestricted**
## **Restricted funds**
**funds**
**to the nearest £ to the nearest £**
**Endowment funds**
**to the nearest £**
||**Unrestricted**
**funds**
**to the nearest £**||**Restricted funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**|
|---|---|---|---|---|---|
|**A1 Receipts**||||||
|30/11/2020 Redbrik Estate Agents|**100**||**-**||**-**|
|24/12/2020 JustGiving|**462**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for AR)_|**562**||**-**||**-**|
|**A1 Receipts**|**100**
**462**
**-**
**-**
**-**
**-**
**-**
**-**
**562**|**100**
**462**
**-**
**-**
**-**
**-**
**-**
**-**
**562**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||
|---|---|---|---|---|---|
|30/11/2020 Redbrik Estate Agents|**100**||**-**||**-**|
|24/12/2020 JustGiving|**462**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for AR)_|**562**||**-**||**-**|
|**A2 Asset and investment sales,**
**(see table).**|**-**
**-**
**-**
**562**||**-**
**-**
**-**
**-**|||
||**-**||||**-**|
||**-**||||**-**|
|**_Sub total_**|**-**||||**-**|
|**_Total receipts_**
**A3 Payments**||||||
||||||**-**|
|||||||
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
||**-**||**-**||**-**|
|**_Sub total_ **|**-**||**-**||**-**|
|||**-**||**-**||**-**|
|---|---|---|---|---|---|---|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
|||**-**||**-**||**-**|
||**_Sub total_ **|**-**||**-**||**-**|
|**A4 Asset and investment**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|**purchases, (see table)**||||||||||
|||**-**|||**-**|||**-**||
|||**-**|||**-**|||**-**||
|**_Sub total_ **||**-**|||**-**|||**-**||
|**_Total payments_**||**-**|||**-**|||**-**||
|**_Net of receipts/(payments)_**||**562**|||**-**|||**-**||
|**A5 Transfers between funds**||**-**|||**-**|||**-**||
|CCXX R1 accounts (SS)
**A6 Cash funds last year end**|1
|**-**|||**-**|||11/10/2021
**-**||
_**Cash funds this year end**_ **562 - -**
CCXX R2 accounts (SS)
11/10/2021
2
## **Section B Statement of assets and liabilities at the end of the perio**
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**|**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments account(s))
**Details**|**Unrestricted**
**funds**
**to nearest £**|
|---|---|---|
|||**562**|
|||**-**|
|||**-**|
|||**562**|
|||OK|
|||**Unrestricted**
**funds**
**to nearest £**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**Fund to which asset**
**belongs**|
||||
||||
||||
||||
||||
|||**Fund to which asset**
**belongs**|
||||
||||
||||
||||
||||
||||
||||
||||
||||
**B4 Assets retained for the charity’s own use**
**Details**
**Fund to which liability relates**
## **B5 Liabilities**
CCXX R3 accounts (SS)
11/10/2021
3
Signed by one or two trustees on behalf of all the trustees
|Signature
David Cooper|Print N|
|---|---|
||Mr David|
|||
CCXX R4 accounts (SS)
11/10/2021
4
## **o (if any)**
## **unts CC16a** 31/12/2020
## **Total funds**
## **Last year**
**to the nearest £ to the nearest £**
|**100**||**-**|
|---|---|---|
|**462**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**562**||**-**|
|**-**|||
|---|---|---|
|**-**||**-**|
|**-**||**-**|
|**562**||**-**|
|**-**||**-**|
|---|---|---|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**|||
|---|---|---|
|**-**|||
|**-**||**-**|
|**-**||**-**|
|**562**||**-**|
|**-**||**-**|
|~~5~~
**-**||**-**|
CCXX R5 accounts (SS)
11/10/2021
**562 -**
CCXX R6 accounts (SS)
11/10/2021
6
## **od**
|**Restricted funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**|
|---|---|
||**-**|
||**-**|
||**-**|
||**-**|
||OK|
||**Endowment**
**funds**
**to nearest £**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**|**Current value**
**(optional)**|
|---|---|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|7
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**|**Current value**
**(optional)**|
|---|---|
||**-**|
||**-**|
||**-**|
||**-**|
||**-**|
||**-**|
||**-**|
||**-**|
||**-**|
||**When due**
**(optional)**|
|**-**||
|**-**||
CCXX R7 accounts (SS)
11/10/2021
**----- Start of picture text -----**
-
-
-
Name Date of approval
Cooper 11/10/2021
**----- End of picture text -----**
CCXX R8 accounts (SS)
11/10/2021
8