BRACKLEY UNITED FEOFFEE CHARITY REPORT AND FINANCIALSTATEMENTS YEAR ENDED 30th SEPTEMBER 2024 CONTENT5 PAGE Trustee's Report Itos Independent Examiner's Report Receipts & Payments Account Statement of Assets & Liabilities Statement of Trustees, Responsibilities Charity Registration Number 238067 Trustees. Annual Report for the period Period start date 01 Oc*ob&r peri￿ end dats September 1 2024 2023 From To Section A Reference and administration details Charity name Brackley United Feoffee Charity other name5 charity is known by Re9iStered charity number Ilf any) 238067 Charity's principal add￿$$ 24 Broad Lane Evenley BRACKLEY Postcode NN13 5SF Names of the charity trustees who manage the charity Dates acted If not for whole Trustee name Offie• {rf any) Nama of ￿rsOn lor body) erttitled olnttrustee Ifan Co-optative Co-optative Co-optative Brackley Town Council Caryl Billingham George Britchfield Peter Jeskins Chairman Treasurer Anthony Bagot- Webb Vice-chairman Christopher Cartmell To 22 December 2023 Brackley Town Council Trevor Gregory Susan Sharps Paul Wiltshire Brackley Town Council Ex-officio Town Mayor Brackley Town Council Ex-officio, vicar St Pelerfs Co-optstive To 11 May 2024 Richard Duncan Alexander Britchfield 10 Elaine Dixon Co-optative Co-optative Co-optative Ex-officio, Town Mayor Brackley Town Council Names of the trustees for the charity, if any, (for example, any Custodian trustees) NONE 12 Denise Stevens 13 Philip Stevens Elaine WIMshire 14 From 12 May 2024 From 22 December 2023 15 Kate Nash Names and addresses of advisers (Optional infomiatlonl - none Name of chlef executlve or names of senior staff Members (Optional Infomlation) nla TAR March 2012 Section B Structure, governance and management Descriptlon of the charity's trusts Scheme of 1977 Type of governing documenl 'stde How the charity is constituted leg. trust, association, ¢ompE Trust Trustee selection methods (eg. appoiniEa uy, eieGteo Four truslees are nominated by Brackley Town Council., seven trustees are co-opted by the other trustees., the Town Mayor and the Vicar of St Peter's are ex-officio Irustees for the duration of their respective terms of Additional governance Issues (Optional infomiationl The charity is a standalone organisation. You may choose to include additional information. where relevant, about- All meetings are properly convened,. trvstees usually meet three times per year, and all decisions are property minuted. policies and procedures adopted for the induction and training of trustees- the charity's organisational structure and any wider nebNork with which the charity works,. relationship with any related parties., trustees, consideration of major risks and the system and procedures to manage them. Trustees, views are sought to address applications be￿een meetings to avoid any unnecessary delay in granting important aid to those in need. All applications for assistance are judged on their individual merits- informal professional advice (eg medical or educational) may be sought on an anonymous basis if required to ensure decisions are soundly based. Applications are welcomed via professionally traine(l and qualified third parties as their involvement can play a vttal part in Ihe'due diligence" undertaken to ensure validity of any application. Section C Ob"ectives and activities The Charity's responsibilrf(ies are to maintain the properties in their ownership and to oversee their cash investments. thereafter using the proceeds on the following basis.. on&third is given directly to St Peterfs Church to assist with the maintenance of the fabric of the building, one- third is allocated lo a Relief in Need fund and the final third is allocated to an Education fund. Summary of the objects of the charity set out in governing document TAR March 2012 Trustees consider all applications received on their individual merit. Some applicants may be ineligible for various reasons. The overarching criterion for assistance is that the recipient must b8 resident with the ecclesiastical parish of Brackley, which comprises the town of Brackley and the small nearby village of Halse. Applications are accepted from individuals, from schools, clubs and organisations. Others may be received via local healthcare professionals, via local churches, via housing associations, via local Money Advice Officers. Summary ofthe main actlvltles undertaken for the public beneflt in relation to these objects (include wlthln this section the ststutory declaration that trustees have had regard to the guidance Issued by the Charity Commls51on on public benefit} Addltlonal details of objectives and activities {Optlonal Information} You may choose to include further statemenls, where relevant, about- policy on grantmaking- policy programme related investment., contribution made by volunteers. TAR Marth 2012 Section D Achievements and performance Summary of the maln achievements of the charity during the year Annually the charity dtvides its income into three parts. One third is granted directly to St Peter's Church for assIstsn￿ towards the Mailltenan￿ of the fabric of the building. This year, that sum was £11,000. A second third is transferred into our Relief in Need "pof.. During the year grants awarded included.. To a local community group that caters for elderly, isolated and lonely individuals: a Wednesday project that provides fun and companionship, a warm space, refreshments. entertainments and activities, and additionally also serves as a community hub for many agencies Cash gifts were distributed to a number of elderly residents at Christmastime The acquisition of an orthopaedic bed for a disabled resident Assistance with funding for local families in urgent need due to health issues Assistance with furniture and white goods for residents in need Assistance towards a week's accommodation for a temporarily homeless resident. To the local food back to enable them also to purchase non food items to help those in need Help to provide furniture for a Ukrainian refugee family who all had jobs and had found a house to rent bul lacked some ofthe things required to turn it into a home The final third goes into our Education fund. Grants here included funding to help a local student participate in junior gliding championships overseas, funding to help another local student participate in the national and European championships in her sport, assistance for two local junior football teams to P2rticipate in a national tournament and a payment to help a local depfived child participate in his chosen sport. During the 12 months under review in this report, grants distributed were less than the sum allocated from our annual accounts. This does not happen often, but the funds do remain in their allocated resetves and can be called upon at any time. Additionally, and unusually, all grants were made on a reactive basis having received requests to help. Often, the charity will attempt to reach out and help local schools and community groups. TAR March 2012 Section E Financial review The charity aims to maximise benefit from its assets.. our four properties are let out at full market rent and our COIF investments are carefully monitored. The increase in income enables the charity to accommodate more people in need. An equitable balance between investment in properties and cash investments is maintained. Brief statement of the charity's policy on reserves Details of any funds materlally In deficlt NIA Further financial revlew detalls (Optional information) You may choose to include additional information, where relevant about: the charity's principal SoUr￿S of funds (including any fundraising). how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical inveslment policy adopted. The charity is in the fortunate position of not needing to adively fundraise in order to pursue its charitable objectives. The charity's income derives from.. a) its rental income and b) its investment income It should be noted that during this financial year a fiv&figure sum was required to cover repairs and maintenance on the charity's four properties., this is highly unusual and not expected to occur again in the foreseeable fulure. Section F Other optional information Section G Declaration The trustees declare that they have approved the truslees. report above. Signed on behalf of the charity's trustees Slgnaturels) C S BiLLbwho Full name(s Position (eg Secretary, Chalr. Caryl Suzanne Blllingham MBE Chairman George William Britchffeld Trustee Date 31 December 2024 TAR March 2012 IND NDENT EXAMINER'S REP RT TO THE TRUSTEES OF BRACKLEY UNITED FEOFFEE RIT I report to the trustees on my exaTniTLation of th¢ accounts of the above Charity for the y¢ar ¢nded 30 September 2024 which arc set out on pages 7 to 9. Respective Responsibiliti¢s of Truslea and Examiner The Ch￿lty trustees are responsible for the PTepaFation of the a¢¢ounts in a¢¢ordance with ihe req￿IrementS of the ChaTitie5 Act 2011 I'lhe Act,). I report itt respeu of my examination of the Trus1's accounts carried out under section 145 of the 2011 Act alld in ¢aTrying out my examination. I have followed th¢ applicable Directions given by the Chariry Commissaon ￿￿er section 145(510)l of the Aet. Basis of Independent Examiner's Rwrt My examination was carried out in ￿r(￿datICe with general directiorts kYven by the Charity Commission. An EKasnination in¢ludes a review of th¢ accounting records kept by the charity alld a comparison of the accounts presented with those reLords. It a]so includes consideration of any unusual items or disc105ures in the accounts and seeking explanations from the trnstees concerntllg ally such matters. 'fhe procedures undertaken do not providc all the evidence that would be required in an audit, and ¢onsequently, no opfftion ts givety as to whether the accounts pr&%¢nt a'true and fair, view and the r¢port is limit¢d to the rnatters set out in the statement below. llldcpcndent examinevs statement I have tompleted Jny examination. I confjnn that no material matters have come to my attention in conne