**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. **1** ## **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 **2** ## **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| **3** ## **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 **4**