BRAZIER TRUST
ACCOUNTS
YEAR ENDING 31st MARCH 2025
REGL%TERED AS'LANDATTHECAUSEWAY,
REGISTEREDCFLARnY NO. J023Jg

Brazier Trust
Trusteos Annual Report for the Year Ending 3151 Mar¢h 2025
Refèrnnu and Administration Details
Charity Name
Brazier Trust (Registered as 'Land at the Causeway'l
Charity Number
302336
Chartty Address
The Old Monastery, Wndhill. Bishop's Slortford, Hert5, CM23 2ND
The Trustee serving during the year and since the year end was as folksws..
Bishop's Slortford CounrAI
Stru¢tur•, Gov•rnanco and Manag•mont
Brazier Trust is governed by Conveyance and Deed of Ex¢hange.
The Trustee administers the charity and meets quarterly.
Objects and Activities
The grft of a piece of land to the Urban District Council in 1928 by Joe Br82ier fom8 %thal Is now the Link R¢Md
Car Park (leased to East Herts Council) and part of the Town Mead$ in Bishop's Stortrord. The gift ¢re*ed a
charitable Irusl, wh￿h is administered by the Town Council. The object of the trust is to appty the income of the
Charity in the maintenan¢e and upkeep of the propety of the Charity and apply any excess as Seen frt for the
general benefit of the inhabitants of Bishop's Slortford.
The TNslee has had regard lo the Charty Commission's guidance on public benefrt.
A¢hievem•nts and P•rfornian¢•
This is detailed in the attached report by the Chief Exe¢ulive Officer of Bishop's Stortford Town Council, the sole
Corporate Trustee.
Financial Revigw
Brazier Trust takes a flexible approach lo reseNes and does not assign a set amount that must a￿ayS be held
in general reserve. Funds hel¢J in an eamiarked reserve will onty be used for the purpose of the earmarked
reserve. ReseNes are held in an instant access savings account in order lo fund rts day to day operation, wth
the balance held in a 90 day noti￿ account achieving a higher rale of interest to maximi$e interest received. No
funds a￿ in deficit and amounts can be found under Statoments ofAssels and Liabilities.
Page2of5

Indep8nd•nt Ex•mlnors R•port to tho Trustse$ of Brazlor Trust
I report on the accounts of the Trust {Charty No. 3023361 for the year ending 31st March 2025, which are set
out on pages 4 and 5.
Respective re5ponslblllties of Trustse and ExamSn•r
The Charity's trustees are responsible for the preparation ol the a¢￿unts. The Charity's trustees consider that
an audit is not required for this year under section 144 of the Charities Act 2011 (the Charitie$ Act) and that an
independent examinab'on is needed.
1115 my respon5ibilty to..
examine the account5 under section 145 of the Charities Act.
lo follow the procedures laid down in the general Directions given by the Charity Commi$$ion (under Section
145{5)Ib} of the Charities A¢l', and
lo state whether particular matters have come to my attention.
Basis of Ind•p8ndgnt Examin•rs R•pGrt
My examination was Carried out accordance wth the General Directions given by the Charity Commission. An
examination include5 a review of the accounting records kept by the Charity and a ¢omparison of the accounts
present wth those records. 11 also includes consideration of any unusual items or disclosures in the a¢wunls,
and Seeking explanations from you as Trustees conceming any such matters. The procedures undertaken do
not provide all the evidence that would be required in an audit, and consequenuy no opinion is given as to
vthelher the accounts Pre￿nt a Irue and fairf view and the Teport is limrted to those matters sel out in the
$lalement below.
Ind8p8ndont Examin•rs Ststsm•nt
In ￿nneCtIOn my examination, no material matters have wm• to my attention Ythich gives me cause lo
believe that in, any material respect..
accounting records were not kept in accordance with section 130 of the Charities A¢t or
the accounts do not accord with the accounting records
I have come across no other matters in connection wth the examination to which attention should be drawn in
order to enable a proper understanding of the accounts to be reached.
Signe<l
Dateil 0110812025
Print Name
Martin Brooks
Address
Gold Stag A¢¢ounl$ Ltd
Suite 1
The Courtyard
The Old Monastery
Wndhill
Bi$hop'$ Stortford
Hertfordshire
CM23 2ND
Page3of5

Brazier Trust
Receipts and Payments
Forthe Year Ending 31st March 2025
2025
2024
Restricted Unrestricted Total Funds Total Funds
Fund
Fund
Re¢eipts
Rent Received
Interest Received
Donation
VAT Receipts
50,306
2,010
50,306
2,010
12,356
10,061
48,232
4.318
11,624
9,647
12,356
10,061
Totsl Receipts
12.356
62,377
74,733
73,821
Paym•nts
Ajlocated Staff Costs
Maintenance of Ground$
Play Area Maintenance
Tree Works
Professional Fee9
Grants
Capital Projects
VAT Payments
15,938
4,175
15,938
4.175
14.851
3,593
157
2.490
85
42,114
50,000
9,360
860
70
14,651
860
70
27,007
12,356
9,958
9.958
Totsl Payments
Not R8colptsllPaym•nts}
18,725
16,725
{48,809}
Cash Funds from Last Year End
33,705
33,705
82,514
Cash Funds this Yoar End
50,430
SOA30
33.705
Page4of5

Brazier Trust
ststement of Assets and Liabilities
For the Year Ending 31st March 2025
2025
2024
Reslrided Unrestricted Total Funds Total Funds
Fund
Fund
Cash Funds
Lloyds Bank
Saffron Buildlng Society
27,302
27,302
11,917
50,430
50,430
33,705
Other Monetary Assets
Monies Due to Charity al 31103
Llabllltles
Monies (Jved by Charity al 31103
11,856
11,856
7,703
Inv•¥trn8nt As$gts
None
Approved for and on Behaw of Brazier Trust on behaw of the Trustee
Dated Is￿ Ocr
Signed
Print Name
Signed
Print Name
Page5of5

BRAZIER TRUST
REPORT BYTHE CHIEF EXECUTIVE OFFICER
2024-2025
The gift of a piece of land to the Urban District Council in 1928 by Joe Brazier
forms what is nowthe Link Road car park and part of the Town Meads. The
gift created a Charitable Trust, which is administered by the Town Council.
The object of the Trust is to maintain the open space for the benefit of the
public; any surplus income is distributed for the general benefit of the
inhabitants of Bishop's Stortford. Neither the expenditure nor income of the
Trust forms part of the Town Council's overalLfinances.
The Trust benefits from the rent derived from the lease of the Link Road Car
Park to the District Council.
DISTRIBUTION OF FUNDS
The Trust awards grants to voluntary and charitable organisations and set
aside £30,249 for this in 2024-2025. In addition, it received a donation of
£12.751 from the Town Council to top up the 'grants budget, for a total of
£43.000.
This donation from the Town Council substitutes for a grant aLlocation of the
same size which, in former years, was distributed directly by the Town
Council and the effect is to bring together the two allocations into a single
fund which can therefore award larger grants and deal with applications
more effectiveLy.
The grants policy and an application form are available from the Council
website:

A number of applications were received during the year and a total of
£27,007 were approved:
GRANT APPLICATIONS2024-2025
Applicant
Date Of
Meeting
2410612024
2410612024
Grant
Approved £
500
750
Aspects
Bishop's Stortford Climate Group (Cycle
Stortford)
Kitteridge All Sports
Bishop's Stortford Historical Society
Citizens Advice East Herts
Grove Cottage
East Herts Black Parents Assembly
Hertfordshire County Council- Services for
Young People
Red Kite
Bishop's Stortford Life Savingclub
Royal British Legion Bishop's Stortford
Branch
2410612024
0711012024
0711012024
0711012024
0711012024
0711012024
2000
3000
5000
5000
1700
1552
2410312025
2410312025
2410312025
5000
803
1702
Huw Jones
Chief Executive Off icer