0 false false false false false false true false false false false false true No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023_Charity xbrli:pure xbrli:shares iso4217:GBP 07078999 2022-12-01 2023-11-30 07078999 2023-11-30 07078999 2022-11-30 07078999 2021-12-01 2022-11-30 07078999 2022-11-30 07078999 2021-11-30 07078999 bus:LeadAgentIfApplicable 2022-12-01 2023-11-30 07078999 char:Trustee1 2022-12-01 2023-11-30 07078999 char:Trustee2 2022-12-01 2023-11-30 07078999 char:Trustee3 2022-12-01 2023-11-30 07078999 char:Trustee4 2022-12-01 2023-11-30 07078999 char:Trustee5 2022-12-01 2023-11-30 07078999 char:Trustee6 2022-12-01 2023-11-30 07078999 char:Trustee8 2022-12-01 2023-11-30 07078999 char:TotalUnrestrictedFunds 2022-11-30 07078999 char:TotalUnrestrictedFunds 2023-11-30 07078999 char:TotalUnrestrictedFunds 2022-11-30 07078999 char:TotalUnrestrictedFunds 2022-12-01 2023-11-30 07078999 bus:SmallEntities 2022-12-01 2023-11-30 07078999 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07078999 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 07078999 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07078999 bus:FullAccounts 2022-12-01 2023-11-30
COMPANY REGISTRATION NUMBER: 07078999
CHARITY REGISTRATION NUMBER: 1138875
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 November 2023
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 November 2023
Page
Trustees' annual report (incorporating the director's report)
1
Statement of financial activities (including income and expenditure account)
3
Statement of financial position
4
Statement of cash flows
5
Notes to the financial statements
6
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 30 November 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 November 2023 .
Reference and administrative details
Registered charity name
Brookside Rural Park Foundation Limited
Charity registration number
1138875
Company registration number
07078999
Principal office and registered
Counsells
office
Smithbrook Kilns
Cranleigh
GU6 8JJ
The trustees
B A Westbrook
C G Westbrook
C J Keanie
G C Westbrook
J A Westbrook
J L Westbrook
I R P Cooper
Accountants
Counsells
Chartered accountants
Smithbrook Kilns
Cranleigh
Surrey
United Kingdom
GU6 8JJ
Structure, governance and management
a. Constitution
The company is registered as a charitable company limited by guarantee and was set up in October 2010.
The company is constituted under a Memorandum of Association dated 19 October 2010 and is a registered charity number 1138875.
The principal object of the charity is the advancement of the Christian Faith for public benefit.
b. Method of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
Objectives and activities
a. Grant making policies
Grants are made to organisations that advance the Christian Faith.
Achievements and performance
The charity has carried on supporting Christian Faith this year.
Financial review
The Foundation is grateful for the continuing support it receives from its main donor and has used the funds to support the work of Christian faith organisations.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 24 August 2024 and signed on behalf of the board of trustees by:
B A Westbrook
C G Westbrook
Trustee
Trustee
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 November 2023
2023
2022
Unrestricted funds
Total funds
Total funds
Note
£
£
£
Income and endowments
Donations and legacies
5
4,000
4,000
7,500
-------
-------
-------
Total income
4,000
4,000
7,500
-------
-------
-------
Expenditure
Expenditure on charitable activities
6,7
4,200
4,200
6,600
-------
-------
-------
Total expenditure
4,200
4,200
6,600
-------
-------
-------
-------
-------
-------
Net (expenditure)/income and net movement in funds
( 200)
( 200)
900
-------
-------
-------
Reconciliation of funds
Total funds brought forward
1,578
1,578
678
-------
-------
-------
Total funds carried forward
1,378
1,378
1,578
-------
-------
-------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
Current assets
Debtors
10
8
8
Cash at bank and in hand
1,370
1,570
-------
-------
1,378
1,578
-------
-------
Net current assets
1,378
1,578
-------
-------
Total assets less current liabilities
1,378
1,578
-------
-------
Funds of the charity
Unrestricted funds
1,378
1,578
-------
-------
Total charity funds
11
1,378
1,578
-------
-------
For the year ending 30 November 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 24 August 2024 , and are signed on behalf of the board by:
B A Westbrook
C G Westbrook
Trustee
Trustee
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 30 November 2023
2023
2022
£
£
Cash generated from operations
Cash receipts from donations and grants
4,000
7,500
Cash payments of grants made
( 4,200)
( 6,600)
-------
-------
Cash generated from operations
( 200)
900
----
----
Net cash (used in)/from operating activities
( 200)
900
----
----
Net (decrease)/increase in cash and cash equivalents
( 200)
900
Cash and cash equivalents at beginning of year
1,570
670
-------
-------
Cash and cash equivalents at end of year
1,370
1,570
-------
-------
Brookside Rural Park Foundation Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Counsells, Smithbrook Kilns, Cranleigh, GU6 8JJ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
4. Limited by guarantee
The company is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.
5. Donations and legacies
Unrestricted Funds
Total Funds 2023
Unrestricted Funds
Total Funds 2022
£
£
£
£
Donations
Donations
4,000
4,000
7,500
7,500
-------
-------
-------
-------
6. Expenditure on charitable activities by fund type
Donations to other charitable institutions
7. Expenditure on charitable activities by activity type
Donations to other charitable institutions
8. Staff costs
The average head count of employees during the year was Nil (2022: Nil). The average number of full-time equivalent employees during the year is analysed as follows:
2023
2022
No.
No.
Number of staff - Trustees
7
7
----
----
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
9. Trustee remuneration and expenses
During the year, no trustees received any remuneration, benefits in kind or reimbursement of expenses (2020 - £Nil)
10. Debtors
2023
2022
£
£
Other debtors
8
8
----
----
11. Analysis of charitable funds
Unrestricted funds
At 1 December 2022
Income
Expenditure
At 30 November 2023
£
£
£
£
General funds
1,578
4,000
(4,200)
1,378
-------
-------
-------
-------
At 1 December 2021
Income
Expenditure
At 30 November 2022
£
£
£
£
General funds
678
7,500
(6,600)
1,578
----
-------
-------
-------
12. Analysis of net assets between funds
Unrestricted Funds
Total Funds 2023
£
£
Current assets
1,378
1,378
-------
-------
Unrestricted Funds
Total Funds 2022
£
£
Current assets
1,578
1,578
-------
-------
13. Analysis of changes in net debt
At 1 Dec 2022
Cash flows
At 30 Nov 2023
£
£
£
Cash at bank and in hand
1,570
(200)
1,370
-------
----
-------