2023-12-31-accounts - Redbrik Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	for theperiod	for theperiod	for theperiod	for theperiod	for theperiod
			From		Period start date					T o	Period end date
					01	Jan		2023			31	Dec			2023

Section A					Reference and administration details

Charity name							Redbrik Foundation

Other names charity is known by							N/A

Registered charity number (if any)							1188949

Charity's principal address							Redbrik Estate Agents
							837 Ecclesall Road
							Sheffield
							Postcode						S11 8TH

	Names of the charity trustees who						manage the charity
		Trustee name		Office (if any)					Dates acted if not for whole year					Name of person (or body) entitled to appoint trustee (if any)
1		David Cooper
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		Names of the trustees for the charity, if any, (for example, any custodian trustees)
		Name							Dates acted if not for whole year
		Steven Hinshelwood
		Anne Batty

March 2012

TAR

Mark Ross Julie Bulheller

Names and addresses of advisers (Optional information)

Type of adviser	Name Address	Name Address	Name Address




Name of chief executive or names of senior staff members (Optional information)


Section B Structure, governance and management
Description of the charity’s trusts Type of governing document (eg. trust deed, constitution) Trust Deed How the charity is constituted (eg. trust, association, company) CIO Trustee selection methods (eg. appointed by, elected by) As a CIO we are made up of three trustees who are or have been associated with Redbrik Estate Agents and two ‘external’ trustees who are not. Additional governance issues (Optional information) Youmay chooseto include additional information, where relevant, about:  policies and procedures adopted for the induction and training of trustees;  the charity’s organisational structure and any wider network with which the charity works;  relationship with any related parties;  trustees’ consideration of major risks and the system and procedures to manage them. We have no policy or procedure in place yet induct or train new trustees but this is something we will look to develop in the future. The charities organisational structure is governed by the five trustees who undertake all the planning (but not necessarily implementation) and grant selection. David Cooper is the chair and lead trustee. We continue to leverage our reputation in the wider local business community in respect of appointing external trustees, fundraising and support. The Foundation is a CIO and therefore a ‘corporate’ charity with close links to the estate agency Redbrik Foundation. We do not forsee any major risks currently however as we grow these will certainly be considered.
		We have no policy or procedure in place yet induct or train new trustees but this is something we will look to develop in the future. The charities organisational structure is governed by the five trustees who undertake all the planning (but not necessarily implementation) and grant selection. David Cooper is the chair and lead trustee. We continue to leverage our reputation in the wider local business community in respect of appointing external trustees, fundraising and support. The Foundation is a CIO and therefore a ‘corporate’ charity with close links to the estate agency Redbrik Foundation. We do not forsee any major risks currently however as we grow these will certainly be considered.

Section C Objectives and activities

TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND Summary of the objects of the charity set out in its WALES) AS THE TRUSTEES SEE FIT FROM TIME governing document TO TIME IN PARTICULAR BUT NOT LIMITED TO THE SUPPORT OF CARE OF THE YOUNG AND END

March 2012

TAR

OF LIFE CARE BY MAKING GRANTS AND AWARDS TO OTHER CHARITABLE ORGANISATIONS IN THE SOUTH YORKSHIRE AND DERBYSHIRE REGION.

Fundraising for the year 2023 was made up of three primary sources: 1. The staff of Redbrik Estate Agents took part in an annual sports day fundraiser 2. Donations from Redbrik Estate Agents match funding campaign 3. Staff of Redbrik Estate Agents took part in the Redbrik Foundation Chesterfield 10K

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

March 2012

TAR

Application received.
Initial Assessment Form completed and move to step. 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’.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.
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)
Trustees vote to award grant, on a ‘yes’ or ‘no’ basis whereby the vote with the highest number wins.
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)

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Via the three above mentioned fundraising challenges and the donations from Redbrik Estate Agents match funding campaign, where each seller is given the opportunity to donate £25 on completion of their house sale and it is matched by another £25 from Redbrik, we raised a total of £23,264.77. £23,000 was transferred from our Estate Agency Redbrik on 31/03/23.

As a result we were able to donate nearly £7,920 to four local charities including Mind, Cavendish Cancer Care and Pathways.

The charities have used the funds for specific projects or the general running of their organisations. We have followed our approved grant making policy.

At the end of the year we developed a “Charity of the Month’ idea where each month we donate £2000 to a different local charity. This runs alongside any charity being able to approach us and request a grant.

Section E Financial review

March 2012

TAR

A balance of £18,294 was showing at year end and will be reflected in the Brief statement of the grant making and donations for 2024. We hold reserves only the basis charity’s policy on reserves we’re likely to be approached by charities who may wish to apply for a grant. Details of any funds materially N/A in deficit

Further financial review details (Optional information)

The charities principle sources of funds are general public, other local business, staff of Redbrik Estate Agents and Redbrik Estate Agents.

You may choose to include additional information, where relevant about:

Our investment policy and objective is to increase year on year the
the charity’s principal amount of money raised via the aforementioned avenues and in turn the sources of funds (including amount of money award via grants to various local charities. any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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) David Cooper Position (eg Secretary, Chair, Head/lead trustee etc) Date 27/10/2024

March 2012

TAR

1188949

Redbrik Foundation

Receipts and payments accounts

1/1/2023 12/31/2023 To

For the period from

CC16a

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts MJM Real Estate Limited 23,000 Amazon Europe 5 Amazon Europe 8 Just Giving 83 Just Giving 169 23,265 - - Sub total - Total receipts 23,265 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table).	to the nearest £ - - - - - - - - - - - - - Restricted funds	to the nearest £ - - - - - - - - - - - - - Endowment funds	Total funds to the nearest £	Last year to the nearest £
			23,000 5 8 83 169 - - - 23,265	-
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			23,265
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A3 Payments Just Giving 50 FODS 750 Pathways 2,000 Cavendish Cancer Care 2,120 Chesterfield Flood Appeal 1,000 Sheffield Mind 2,000 - - - Sub total 7,920 - - Sub total - Total payments 7,920 Net of receipts/(payments) 15,345 A4 Asset and investment purchases, (see table)	- - - - - - - - - - - - - - -	- - - - - - - - - - - - - - -
			50 750 2,000 2,120 1,000 2,000 - - - 7,920	-
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			7,920	-

			15,345	-

A5 Transfers between funds A6 Cash funds last year end Cash funds this year end	-		-		-		- 2,899 18,244	-
	2,899		-		-			-
	18,244		-		-			-

Section B Statement of assets and liabilities at the end of the period

Details Details Details Details Details Signature David Cooper Total cash funds (agree balances with receipts and payments account(s))	to nearest £ to nearest £ - - - - - - 18,244 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name David Cooper Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
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		OK
		to nearest £ Endowment funds
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		Current value (optional)
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		Current value (optional)
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		When due (optional)






		Date of approval
David Cooper	David Cooper	10/27/2024