BRIGHTVIEW FARM
ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31st MARCH 2024
NORTHFIELD MANAGEMENT SERVICES LIMITED
Accountants Cart Lodge, Harps Farm Bedlars Green Great Hallingbury Bishops Stortford CM22 7TL
BRIGHTVIEW FARM
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ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31st MARCH 2024
Registered Charity Number 1204085
Trustees:
Jean Rolfe Dorli-Mary Newbery Cassandra Stone
Registered Address:
Northfield Management Services Limited Accountants Cart Lodge, Harps Farm Bedlars Green Great Hallingbury Bishops Stortford CM22 7TL
BRIGHTVIEW FARM
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REPORT OF THE TRUSTEES YEAR ENDED 31st MARCH 2024
TRUSTEES
Trustees who served during the year and held office at 31st March 2024 were:
Jean Rolfe Dorli-Mary Newbery Cassandra Stone
The Trustees present their report along with the financial statements of the charity for the year ended 31st December 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity's deed, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 2015).
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The purpose of the trust is to make grants to other charitable organisations which cover a wide range of charitable areas. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the trust's grant making policy for the year.
TRUSTEES' RESPONSIBILITIES
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of its financial activities for that period. In preparing those financial statements, the trustees should follow best practice and:
a) Select suitable accounting policies and then apply them consistently; b) Observe the methods and principles in the Charities SORP; c) Make judgements and estimates that are reasonable and prudent; d) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts; and; e) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the trust will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements comply with the requirements of the Charities Act 2011. They are also responsible for safeguarding the assets of the trust, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
REVIEW OF THE YEAR
During the year the trustees considered applications for donations and grants to other charitable institutions, which operate both in the United Kingdom and overseas.
Income was derived from donations. The trust does not participate for its own benefit in any form of fund raising activities.
During the course of the year, donations or grants totalling £36,395 were made to other charitable organisations. Details of institutions benefiting are shown on page 7.
ASSETS
As will be seen from the Balance Sheet, which appears on page 4, net assets amounted to £8,629
Signed on behalf of the Trustees on 28th May 2024
Jean Rolfe
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIGHTVIEW FARM
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I report on the accounts of the Brightview Farm for the year ended 31st December 2023, which are set out on pages 4 to 7.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed.
Respective responsibilities of trustees and examiner
As the charity trustees you are responsible for the preparation of accounts; you consider that the audit requirement of section 144(2) of the Charities Act 2011 ('the Act') does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Act : to follow the procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act; and; to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with s130 of the Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
.
J N Cooper ACCA
Northfield Management Services Limited Cart Lodge, Harps Farm Bedlars Green, Great Hallingbury CM22 7TL
BRIGHTVIEW FARM
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BALANCE SHEET AS AT 31st MARCH 2024
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2024
£
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FIXED ASSETS
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Fixed Assets -
CURRENT ASSETS
Stock 825
Cash at bank 8,764
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CURRENT LIABILITIES
falling due within one year
Accountancy fees 960
Accrued expenses 0
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960
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NET CURRENT ASSETS 8,629
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NET ASSETS 8,629
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TOTAL UNRESTRICTED FUNDS, page 5 4,761
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NOTE: The trustees have power, at their discretion, to apply all or any part of the Capital of the trust for the charitable objects of the trust.
Approved and Signed on behalf of the Trustees on 28th May 2024
_________ Jean Rolfe
_________ Dorli-Mary Newbery
BRIGHTVIEW FARM
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YEAR ENDED 31st MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES
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2024
£
INCOME
Donations 36,395
Bank interest -
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36,395
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EXPENDITURE
| Charitable activities | Charitable activities | ||
|---|---|---|---|
| Livestock costs | 428 | ||
| Telephone and | computer | 867 | |
| Training costs | 972 | ||
| Rent and rates | 340 | ||
| Maintenance | 22,892 | ||
| General expenses | 1,302 | ||
| Professional fees | 4,832 | ||
| ----------- | |||
| 31,634 | |||
| ----------- | |||
| 31,634 | |||
| ----------- | |||
| NET SURPLUS OF THE YEAR | 4,761 | ||
| Unrealised gains/losses on | revaluation of investments (note 2) | 0 | |
| ----------- | |||
| Net movement of funds for the year | 4,761 | ||
| Funds at start of the year | 0 | ||
| ----------- | |||
| BALANCE OF FUNDS, | page 4 | 4,761 | |
| ====== |
BRIGHTVIEW FARM
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YEAR ENDED 31st MARCH 2024 NOTES TO THE ACCOUNTS
1 ACCOUNTING POLICIES
- (a) Accounts are prepared under the historical cost convention, as modified by the valuation of investments at accounting dates, and in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
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(c) Accounts are drawn up on the accruals basis with expenditure recognised as soon as there is a legal or constructive obligation committing to that expenditure. Investment income is recognised only when received.
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(d) Realised and unrealised gains or losses on investments are recognised in the Statement of Financial Activities.
2 TRUSTEES EXPENSES
The trustees have charged expenses this year of £Nil. No remuneration or other benefits are paid to trustees.