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|---|---|---|---|
|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|
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|The Brassey Trust|The Brassey Trust|is a charity registered|by the Charity Commission|by the Charity Commission|and governed|by the|
|---|---|---|---|---|---|---|
|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||||
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||||||||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|
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|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|
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|---|---|---|---|---|---|---|---|---|---|---|
|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|
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|||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|
|Analysis ofnet as|sets|between fun|ds - prior year||||
|---|---|---|---|---|---|---|
||||Accumulated|Revaluation|Restricted||
||||Fund|Reserve|Fund|Total|
||||E|E||R|
|Fixed asset investment||property||1,240,000||1,240,000|
|Current assets|||47,867||2,625|50,492|
|Creditors: amounts|falling due||||||
|within one year|||2,049)|||2,049|
||||45818|1,240,000|2,625|1,288,443|
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