Charitable Incorporated Organisation registered number: 1198940
THE BRAITHWAITE TRUST
Report and Financial Statements Year ended 31 March 2026
THE BRAITHWAITE TRUST
REPORT AND FINANCIAL STATEMENTS CONTENTS Page Trustees’ report 1-2 Receipts and payments account 3 Statements of assets and liabilities at the end of the year 4
THE BRAITHWAITE TRUST
TRUSTEES’ REPORT
The trustees present their annual report and the financial statements for the year ending 31 March 2026 with comparisons for the year ending 31 March 2025. The financial statements have been prepared in accordance with the Charities Act 2011, Section 133 on the Receipts and Payments basis.
LEGAL AND ADMINISTRATIVE DETAILS
Trustees
Martijn Mugge Margaret Harrison Michael Rigby Mark Harewood Paul German
Charity’s Principal Address
8 Castle Avenue Conisbrough DN12 3BT
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust was registered as a Charitable Incorporated Organisation (registration number 1198940) with the Charity Commission on 12th May 2022. The Trust is required to have a minimum of three trustees. 5 trustees served in the year to 31 March 2026. Future trustees are to be appointed by a properly convened meeting of the Charity Trustees. All trustees must subscribe and adhere to, in belief and lifestyle, the Statement of Faith.
Management of risk
The Trust’s activities have been, and will continue to be, the funding, purchasing and management of property to support the objects of The Trust and the financial support of Christian ministry through local churches and other charitable organisations. The Trustees consider there to be little risk to manage as there are no loan repayments or interest, maintenance costs are modest, and rental income is reasonably assured.
OBJECTIVES AND ACTIVITIES
The Trust’s objective is to advance the Christian religion for the benefit of the public; and to advance Christian education and learning for the benefit of the public.
The founding Trustees have set up The Trust in commitment to the evangelical tenets of the Christian faith and therefore the activities of The Trust will only be to support evangelical Christian ministry.
The Trust’s activities during the year ended 31 March 2026 have been grant making and the maintenance of a residential property for a church worker.
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THE BRAITHWAITE TRUST
TRUSTEES’ REPORT (continued)
The Trustees are aware of the requirements for the Trust, as a registered Charitable Incorporated Organisation, to be acting in the public benefit, and the Trustees are of the view that the Trust’s activities are in the public benefit as defined by the Charity Commission.
ACHIEVEMENTS AND PERFORMANCE
During the year to 31 March 2026 the charity rented its residential property in Conisbrough to a church worker and made grants in support of that worker.
Related party transaction
Martijn Mugge, Michael Rigby and Margaret Harrison (all trustees during the period) were members of the PCC of St. Peter’s Conisbrough with Clifton Church during the period. The property referred to above is rented to a Children, Youth and Families Minister employed by the church; a grant of £10,000 was also made to St Peter’s to support his employment.
FINANCIAL REVIEW
During the year the Trust received donations of £1,732 (previous year: £1,200) and rent of £6,000 (previous year: £5,150). Two grants totalling £10,100 were made (previous year: £nil) and a garden office was constructed at a cost of £8,000. Total cash funds at the end of the year were £26,301.
Reserves
The Trust does not have a reserves policy as rental income from the property covers maintenance costs, and grants are only awarded when adequate funds are available.
This report was approved by the Trustees on 2026 and signed on their behalf by
Martijn Mugge Paul German
Trustee Trustee
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THE BRAITHWAITE TRUST
RECEIPTS AND PAYMENTS
For the year ended 31 March 2026
| Receipts Donations (including Gift Aid) Rent Interest Total receipts Payments Insurance/professional fees Garden office Grants Maintenance Total payments Net receipts/(payments) Cash funds from previous period Cash funds at 31 March 2026 |
Year to 31.3.2026 £ 1,732 6,000 529 8,261 0 8,000 10,100 335 18,435 -10,174 36,475 26,301 |
Year to 31.3.2025 £ 1,200 5,150 207 |
|---|---|---|
| 6,557 | ||
| 246 741 |
||
| 987 | ||
| 5,570 | ||
| 30,905 | ||
| 36,475 |
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THE BRAITHWAITE TRUST
STATEMENT OF ASSETS AND LIABILITIES
31 March 2026
| Assets retained for charity's own use Property Cash funds Virgin Money Bank Account Kingdom Bank Reserve Account |
31 March 2026 £ 133,000 8,565 17,736 26,301 |
31 March 2025 £ 125,000 |
|---|---|---|
| 27,207 9,268 |
||
| 36,475 |
The Trust has no other assets and liabilities.
Specifically, it has given no guarantees and has no debt outstanding at the year end.
These financial statements were approved by the Trustees on 2026 and signed on their behalf by,
Martijn Mugge Paul German
Trustee Trustee
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