Company registration number 05551999 (England and Wales)
Charity registration number 1111644 (England and Wales)
THE BREN PROJECT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
THE BREN PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
- 1 -
Trustees
Mr M I Shotton
Mr B Harrington
Mr D Atkinson
Mr R Smith
Mrs D Piper
Mr Ian Mason
(Appointed 1 March 2026)
Country of incorporation
United Kingdom
05551999
(England and Wales)
Charity registration
England and Wales
1111644
Principal address
New Scene Centre
Limewood Close
Off Newton Lane
Chester
CH2 2HH
Registered office
Cholmondeley House
Dee Hills Park
Chester
Cheshire
CH3 5AR
Independent examiner
James Hargreaves FCA
Cholmondeley House
Dee Hills Park
Chester
Cheshire
CH3 5AR
THE BREN PROJECT
CONTENTS
Page
Trustees' report
2 - 6
Independent examiner's report
7
Statement of financial activities
8
Balance sheet
9
Notes to the financial statements
10 - 18
THE BREN PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

The trustees', who are also the directors for the purposes of company law present the annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: 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)" (effective 1 January 2019).

Objectives and activities

 

1. Background of the Charity

 

The Bren Project is a Chester-based charity offering one-to-one supported work placements for people with learning disabilities and autism in Cheshire. We are a registered charity (1111644) and a company limited by guarantee (5551999). We were founded by Peter Sackett and Grant Wells in 2005, and project work began in 2007. Our Mission Statement is: "to develop the social, emotional and economic wellbeing of learning disabled and autistic people through personalised supported workplace opportunities in partnership with our local community.

2. Who We Are

 

We have a staff team of 12, comprised of a full-time Charity Manager, two part-time Bike Project Supervisors, two part time Cafe Supervisors, two part-time Project Co-Ordinators, one Finance Officer, 3 Job Coaches and a part-time Administration Assistant. We also have a trained and dedicated team of sessional Job Coaches who support beneficiaries while on placement and 14 support volunteers who work with our beneficiaries in our social enterprise cycle workshop. We are based in the Live! New Scene Youth & Community Hub in Newton, Chester, where we have our office and Bren Bikes workshop. We are governed by a dedicated Trustee group comprised of 6 individuals from a wide range of backgrounds, with skills and experience in charity management, project management, disability services, marketing, graphic design, information technology, quality management, fundraising and education. Our Trustees have experience of managing organisations in the private and voluntary sectors and have the commercial awareness to oversee the charity’s activities and future development.

3. Who We Support

 

We work with people who have learning disabilities or autism from the age of 14 upwards, with no upper age limit. Our work includes young people who are experiencing the transition from education to employment, and those disabled adults seen as ‘hard-to-reach’, i.e. those excluded from mainstream provision and not accessing vocational support elsewhere.

4. Our Bespoke Approach and Ethos

 

We believe that everyone has the human right to work and engage in productive employment. In 2025, we continue to be the only organisation in Chester and the surrounding area that provides the person-centred, fully supported service that people need to adequately prepare for employment. We are very proud of our approach and confident that this is what makes the difference to the people that we support. We do not offer generic experiences. Instead, we work with individuals to research, identify and adapt their own placement, based on their own needs, skills and aspirations. Our philosophy is to view the supported employment process as a partnership between beneficiaries, parents/carers, schools, businesses, voluntary and community organisations, the public sector and other agencies, all of whom play their part in making the process a success.

THE BREN PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -

5. Project Work

 

Since our project delivery began in September 2007 we have:

• worked with over 400 beneficiaries;

• managed turnover totalling over £1,000,000;

• received funding from more than 80 funding partners;

• engaged with more than 180 employer partners in all three sectors;

• fostered a wide range of project partners in a wide range of industries;

• received 100% positive post-placement feedback from beneficiaries and their parents/carers.

In setting its objectives, the Trustees have given careful consideration to the Charity Commission's guidance on public benefit.

THE BREN PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
Achievements and performance
Significant activities and achievements against objectives

 

Key Areas of Work in 2025

 

The Charity continues to grow and strengthen what it offers to the beneficiaries who remain at the core of our charitable purpose. The number of placements (internal and external) in 2025 represented an all-time record, which is a testament to the hard work and focus of both our employed staff and volunteers.

The timescale for the planning and launch of Bren Brews exceeded all expectations due to the exceptional efforts of all involved but particularly Trustee Laura Dooley and Charity Manager Andy Ashford. We want to thank Laura now she has stepped down as a Trustee to allow her to take on the part-time paid position as Manager of the café project. We were also delighted to recruit an extremely capable Café Manager, Jan Hallows, experienced in both café management and offering workplace opportunities to less-advantaged groups.

Bren Bikes continues to operate at a high level despite its awkward physical restraints in the Live! building. The wonderful 10th anniversary celebration of their work was a great chance to bring together staff, volunteers and beneficiaries, to recognize their achievements. Particular mention has to go to our mechanics, Steve Fidler and Rich Bulkeley, and the amazing crew of “Brengineers”. We particularly enjoyed Pete Sackett’s account of setting up Bren Bikes when he was Charity Manager. Again, thanks to Laura Dooley. Andy Ashford, Kerry McEvoy and John Glendenning for organizing such a special day. And thanks to the Grosvenor Estate for granting us free use of their hospitality facility.

The project to replace the Live! building is still at an embryonic stage and change is unlikely to happen in anything less than a 3-5 year timescale. However, we may be drawn into planning discussions well before that.

We were pleased to welcome Ian Mason as a new Trustee. His legal background will be a valuable addition to the Board’s breadth of expertise. The important role played by Trustees is often overlooked. Whilst they may not have the same ‘visibility’ as other volunteers (often because they are still working in full-time jobs themselves), the uneventful, smooth running of the charity is testament to the careful oversight of all aspects of the charity’s function that they maintain.

It was disappointing that remedial fire safety works at Kingswood meant there was no progress on the bistro project in 2025. However, Your Housing have indicated that works should be completed by early 2026, so we will re-evaluate our position when it materializes as a real prospect. There could be considerable synergy between the café and a bistro at Kingswood, in terms of beneficiary placements, and our healthy financial position means we can consider running both, due to the successful fundraising activities which continued in 2025.

We believe that our Charity is in an excellent position to make continued progress in delivering our charitable aims in 2026. Staff, volunteers and Trustees all approach issues with a ‘can do’ attitude which bodes well for the future of the charity and the wellbeing of those we aim to help.

 

 

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

THE BREN PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
Financial review

Income:

 

We generated a total of £269,161 income in 2025.

 

Expenditure:

 

We have delivered our services as anticipated, to budget, taking into account the in-year changes to income which allowed us to increase our budget and expenditure accordingly.

 

Our operating expenditure for 2025 stands at £273,665.

 

Our balance of funds carried forward as at 31 December 2025 stands at £337,595.

Reserves policy

A balance of £337,595 is held as our reserve funds,all of which is unrestricted. This is in line with our policy of maintaining at least 6 months running costs at all times in case of issue or withdrawal from a major funder. We have also designated much of the reserves to a new project.

Plans for future periods

 

Development plans in 2026.

Looking forward to 2026 the Charity will:

 

Structure, governance and management

The charity is a company limited by guarantee as defined by the Companies Act 1985 and controlled by its Memorandum and Articles of Association, .

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr M I Shotton
Mr B Harrington
Mr D Atkinson
Mr R Mayne
(Resigned 29 October 2025)
Mr R Smith
Mrs D Piper
Mr Ian Mason
(Appointed 1 March 2026)
Recruitment and appointment of trustees

Membership is open to individuals or organisations which apply to the charity in the form required by the trustees as set out in the governing document. All new staff shall follow the guidelines laid out in the recruitment and selection policy.

THE BREN PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -

The trustees' report was approved by the Board of Trustees.

Mr B Harrington
Trustee
2 June 2026
THE BREN PROJECT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BREN PROJECT
- 7 -

I report to the trustees on my examination of the financial statements of The Bren Project (the charity) for the year ended 31 December 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

James Hargreaves FCA
Cholmondeley House
Dee Hills Park
Chester
Cheshire
CH3 5AR
2 June 2026
THE BREN PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
Unrestricted
Unrestricted
funds
funds
2025
2024
Notes
£
£
Income from:
Donations and legacies
3
115,629
126,968
Charitable activities
4
150,175
130,950
Investments
5
3,357
2,342
Total income
269,161
260,260
Expenditure on:
Charitable activities
6
271,074
222,826
Total expenditure
271,074
222,826
Net income/(expenditure) and movement in funds
(1,913)
37,434
Reconciliation of funds:
Fund balances at 1 January 2025
342,099
304,665
Fund balances at 31 December 2025
340,186
342,099

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 10 to 18 form part of these financial statements.

THE BREN PROJECT
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
11
7,040
417
Current assets
Debtors
12
81
82
Cash at bank and in hand
340,777
345,380
340,858
345,462
Creditors: amounts falling due within one year
13
(7,712)
(3,780)
Net current assets
333,146
341,682
Total assets less current liabilities
340,186
342,099
The funds of the charity
Unrestricted funds
15
340,186
342,099
340,186
342,099

The notes on pages 10 to 18 form part of these financial statements.

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 2 June 2026
Mr B Harrington
Trustee
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
1
Accounting policies
Charity information

The Bren Project is a private company limited by guarantee incorporated in England and Wales. The registered office is Cholmondeley House, Dee Hills Park, Chester, Cheshire, CH3 5AR.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association. the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: 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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 11 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 12 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations and gifts
23,746
15,075
Grants
91,883
111,893
115,629
126,968
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
(Continued)
- 13 -
Grants
Other
91,883
111,893
91,883
111,893
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Bren Bikes
Sale of goods and services
145,798
130,950
Bren Brews
Sale of goods and services
4,377
-
150,175
130,950
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Interest receivable
3,357
2,342
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 14 -
6
Expenditure on charitable activities
General Funds
Bren Brews
Bren Bikes
Total
General Funds
Bren Bikes
Total
2025
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
£
Direct costs
Staff costs
70,884
26,180
75,781
172,845
81,544
58,185
139,729
Depreciation and impairment
-
-
-
-
209
-
209

Charitable expenditure Rent

 

2,233
2,760
12,000
16,993
1,487
12,000
13,487

Charitable expenditure Repairs & Maintenence

106
1,392
-
1,498
269
-
269

Charitable expenditure Insurance

 

3,188
1,790
-
4,978
2,744
-
2,744

Charitable expenditure Motor & Travel Costs    

1,106
1,951
-
3,057
1,311
-
1,311

Charitable expenditure Legal & professional fees

 

440
39
-
479
1,069
-
1,069

Charitable expenditure Telephone

907
277
-
1,184
816
-
816

Charitable expenditure Other Office costs

809
3,183
-
3,992
757
-
757

Charitable expenditure Staff Training

822
415
-
1,237
-
-
-

Charitable expenditure Computer Costs

 

347
625
-
972
543
-
543

Charitable expenditure Subscriptions

345
1,260
-
1,605
345
-
345

Charitable expenditure Beneficiary training & support

 

5,923
123
-
6,046
8,012
-
8,012

Charitable expenditure materials & equipment

 

400
340
35,319
36,059
534
37,950
38,484

Charitable expenditure - Fundraising consultancy

8,104
2,000
-
10,104
7,721
-
7,721

Charitable expenditure - donations

-
-
-
-
216
-
216

Charitable expenditure - advertising

7,052
-
-
7,052
4,229
-
4,229
102,666
42,335
123,100
268,101
111,806
108,135
219,941
Share of support and governance costs (see note 7)
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
6
Expenditure on charitable activities
(Continued)
- 15 -
Governance
2,973
-
-
2,973
2,885
-
2,885
105,639
42,335
123,100
271,074
114,691
108,135
222,826
Analysis by fund
Unrestricted funds - general
105,639
42,335
123,100
271,074
114,691
108,135
222,826
THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 16 -
7
Support costs allocated to activities
Total
2024
£
Governance
2,885
2025
2024
Governance costs comprise:
£
£
Indpendent examiner fee
-
2,049
Other financial services
-
836
-
2,885
8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
8
6
Employment costs
2025
2024
£
£
Wages and salaries
159,304
128,250
Social security costs
7,695
6,190
Other pension costs
5,846
5,289
172,845
139,729
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 17 -
11
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 January 2025
-
6,202
6,202
Additions
6,124
499
6,623
At 31 December 2025
6,124
6,701
12,825
Depreciation and impairment
At 1 January 2025
-
5,785
5,785
At 31 December 2025
-
5,785
5,785
Carrying amount
At 31 December 2025
6,124
916
7,040
At 31 December 2024
-
417
417
12
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
81
82
13
Creditors: amounts falling due within one year
2025
2024
£
£
Other taxation and social security
4,278
220
Accruals and deferred income
3,434
3,560
7,712
3,780
14
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
5,846
5,289

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

THE BREN PROJECT
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 18 -
15
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2025
Incoming resources
Resources expended
At 31 December 2025
£
£
£
£
New Project Designated Funds
150,987
4,158
(30,000)
125,145
General Funds
191,112
265,003
(241,074)
215,041
342,099
269,161
(271,074)
340,186
Previous year:
At 1 January 2024
Incoming resources
Resources expended
At 31 December 2024
£
£
£
£
New Project Designated Funds
150,987
-
-
150,987
General Funds
153,678
260,260
(222,826)
191,112
304,665
260,260
(222,826)
342,099
16
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

2025-12-312025-01-01CCH Accounts Production 2026.200falsefalsefalseCCH Software055519992025-01-012025-12-3105551999bus:Director12025-01-012025-12-3105551999bus:Director22025-01-012025-12-3105551999bus:Director32025-01-012025-12-3105551999bus:Director52025-01-012025-12-3105551999bus:Director72025-01-012025-12-3105551999bus:Director92025-01-012025-12-3105551999bus:Director42025-01-012025-12-31055519992025-12-31055519992024-12-31055519992024-01-012024-12-3105551999bus:FRS1022025-01-012025-12-3105551999char:IndependentExaminationCharity2025-01-012025-12-3105551999bus:FullAccounts2025-01-012025-12-31xbrli:purexbrli:sharesiso4217:GBP