2020-12-31-accounts - The Brassey Trust

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			Page
Reference and administrative		details
Trustees' Report
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes which form part of	the	Financial Statements	8-12

The Brassey Trust	The Brassey Trust	is a charity registered	by the Charity Commission	by the Charity Commission	and governed
Trust Deed made		1 July 1905.
Date ofTrust			1 July 1905
Trustees			Rev RPeet
			G Game (Treasurer)
			R Halliday
			W A Longmuir	(Church	Warden)
			A Ongley (Church Warden)
Address ofthe Trustees			The Brassey Centre
and Principal	Office		Station Road
			Aylesford
			Kent
			ME20 7QR
Bankers			Barclays Bank	pic
			24 Longfield Street
			Dartford
			Kent
			DA1 1HD
Independent	Examiner		Duncan Cochrane-Dyet		BScBFPFCA, independent'Examiner
			MHA Maclntyre	Hudson
			Victoria Court
			17-21Ashford	Road
			Maidstone
			Kent
			ME14 5DA

							2020	2020	2020	2019
							Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
						Notes
Income and endowments		from:
Donations and legacies								1,980	1,980	2,000
Investments:
Rosalind's Cottage Rent							12,600		12,600	12,600
Thorndike Cottage Rent							14,400		14,400	12,526
Brassey Centre Rent							5,000		5,000	5,000
Temperance Hall Rent							8,500		8,500	8,500
Parking Charges							400		400	2,060
Interest							98		98	260
							40,998		40,998	40,946
Total income and endowments							40,998	1,980	42,978	42,946
Expenditure on:
Raising funds:
Investment management	costs:
Property maintenance							30,613	2,605	33,218	38,143
Insurance premiums							4,468		4,468	4,330
Independent Examiner's		Fees					2,817		2,817	1,764
							37,898	2,605	40,503	44,237
Charitable Activites:
Donations to Aylesford Parochial				Church	Council		5,000		5,000	1,475
Total expenditure							42,898	2,605	45,503	45,712
Net income							(1,900)	(625)	(2,525)	(2,766)
Other recognised gains	/	(losses)
Gains / (Losses) on investment			assets
Net movement in funds							(1,900)	(625)	(2,525)	(2,766)
Reconciliation offunds:
Total funds brought forward							1,285,818	2,625	1,288,443	1,291,209
Total funds carried forward						8	1,283,918	2,000	1,285,918	1,288,443

AT 31 DECEINB	ER 2020
				2020		2019
				6
		Notes
Fixed assets: investment Property				1,240,000		1,240,000
Current assets: Debtors Cash at bank and in hand Total current assets		6	4,260 44,965 49,225		5,093 45 399 50,492
Liabilities:
Creditors: amounts	falling due within one year	6	3,307
Net current assets				45,918
Net assets ..				5%8
The funds ofthe charity:
Restricted Funds
Grant from Parish Council				2,000		2,625
Unrestricted funds
Accumulated Fund				43918		45,818
Revaluation Reserve				1,240,000		1,240,000
Total charity funds				1,285,918		1,288,443


2	.	Analysis ofSupport	Costs
								8asts of	Raising	Raising
							Allocation		Funds	Funds
									2020	2019
		Governance - independent		Examiner's Fees			Time Spent		p 2 817	6 1 764
3.		Independent Examiner's		Remuneration
									2020	2019
		Fees for independent	examination						6 2 817	6 1764
4.		Investment Properties
									2020	2019
									f.
		The Brassey Centre Rosalind's Cottage Thomdike Cottage The Temperance Hall							480,000 315,000 325,000 120,000	480,000 315,000 325,000 120,000
									1,24D DM	1,240,000
		Analysis ofmovement	ofinvestment		properties:
									6
		Fair value ofinvestment Movement in value	properties		at 1 January 2020				1,240,000	.1,240,000
		Fair value ofinvestment	properties		at31	December	2020		1,240,000	1 240,MD
		The investment properties		were donated		to the Trust and no cost			was attributed to them	..In accordance .
		with FRS102principles	they are induded			in the balance sheet at			fair value.
		The investment properties market value. The Trustees this date.		were revalued in 2018by Sibley Pares, Chartered Surveyors, on the basis of do not consider there has been any significant change in their value since
6.		Debtors
									2020	2019
									6	6
	Grant debtor Trade debtors								2,000	2,625 260
	Prepayments and accrued			income					2,260	2,208
									4,260
6.	Creditors: amounts falling			due within one year					2020	2019
										6
	Accruals and deferred income								3307	2,049
									3,307	2,049

		Balance at 01Van-20	lnoome	Expenses	Gainsl (losses)	Balance at 31~-20
		R	8		8	8
Unrestrioted	funds
Accumulated	fund	45,818	40,998	(42,898)		43,918
Revaluation	reserve	1,240,000				1,240,000
		1,285,818	40,998	42,898	-	1,283,918
Restricted	funds
For upkeep	ofBrassey Centre	2,625	1,980	2,605		2,000
Totalfunds		1288 443	42,978	45,503		1285,918
Statements	ofFunds - Prior	Year
		Balance at			Gainsl	Balance at
		014an-19	tncome	Expenses	(losses)	31-Dec-18
		F.			R
Unrestrioted	funds
Acrxrmulated	fund	49,209	40,946	(44,337)	-	45,818
Revaluation	reserve	1,240,000				1,240,000
		1,289,209	40,946	44,337	-	1,285,818
Restricted funds
For upkeep	ofBrassey Centre	2,000		1,375)	-	2,625
Total funds		1,291,209	42,946	45,712)	-	1,288 443

Analysis ofnet as	sets	between fun	ds - current year
			Accumulated	Revaluation	Restricted
			Fund	Reserve	Fund	Total
			8	8	8	E
Fixed asset investment		property		1,240,000		1,240,000
Current assets			47,225		2,000	49,225
Creditors: amounts	faiiing due
within one year			3,307			3,307)
			43,918	1,240000	2,000	1285918