## **Trustee Annual Report for the Financial Year 1[st] April 2023 to 31[st] March 2024** ## **Introduction** The Derwent Valley Trust CIO is a registered charity number 1058609. The Derwent Valley Trust was converted, to a Charitable Incorporated Organisation, on 20 January, 2023. ## **The Trustees, as at 1[st] April, 2024, were:** - Derek James Latham (Chair) - Dr John Joseph Hambley - Dr David John Moreton - Clive John Pegg (Secretary) - Dr Tanya Spilsbury (Chair Cycleway) - Timothy John Wilmshurst (Vice Chair & Project Lead) ## **Purpose and Main Activities of the Charity** The Derwent Valley Trust was founded in 1996. It is exclusively charitable and the objects of the trust are, amongst other things, to enable and encourage active travel and to identify, preserve and enhance, for the public benefit, the area comprised in the Derwent Valley in Derbyshire and the abutment area and whatever natural, historical, cultural, geological, architectural and constructional heritage may exist in the area of benefit. The trust established the Derwent Valley Heritage Way in 2003 which enables the public to benefit from the experience and exercise when walking along this trail. The trust has also actively promoted the potential to develop an off-road multi-user trail (for cycling, walking, mobility vehicles and horse-riding) to be known as the Derwent Valley Cycleway from the old port of Shardlow to Hathersage, a paddle trail down the length of the River Derwent and a horse trail to extend the Pennine Bridleway to Derby. The trust partners with other organisations to achieve these goals. 1 ## **Structure, Governance and Management** The governing document of the Charity is a constitution which was last amended on 20[th] January, 2023. The Derwent Valley Trust is a small charity with responsibilities clearly defined, between the trustees and other members, to set objectives, plan implementation, track progress and to deliver. The Board of the charity meets once every three months and the Steering Group every six weeks. The Board comprises the trustees and the Steering Group comprises the trustees plus any other members with specific responsibilities. Minutes are prepared, circulated and approved for each of the meetings and this includes important meetings with third parties. ## **Financial Policies and Financial Review** At the 31st of March 2024 the Trust had £2,565.74 credit; there were no restricted funds. During the financial year under review, the Charity did not hold any funds as custodian trustee for others. The charity continues to keep up to date with its responsibilities and current financial controls. ## **Achievement and Performance** The Steering Group focused on tracking progress and recommending corrective measures to progress towards the main deliverables for the charity in terms of creating a new trail along the Derwent Valley, maintaining and promoting the Heritage Way and to developing Strategic Partnerships and governance. - **Derbyshire County Council** (DCC): funded a study, by Aecom, on the feasibility of constructing the **Derwent Valley Cycleway** . The final report, on the study, was completed by 31[st] March, 2024. Further discussions, between DCC and Derbyshire County Council, are planned and the final report will be subject to approval, by the County Council, later in 2024. - **Belper West Bank** : a section of the Derwent Valley Cycleway, has continued to be a priority for the trust and an application, for planning permission, has been submitted in June 2024. - **The Heritage Way (HW)** : the network of Rangers established last year became well established, with regular inspections of the Heritage Way leading to a well 2 maintained and signposted route. Biennial reports by the Rangers, covering the route, were compiled. Sales of the HW guidebook have been one of our most important sources of income. Copies of the second edition (published 10 years ago) ran out, so a completely updated third edition was published this year. Sponsorship of advertising, by local companies in this new edition, were a valuable extra source of income this year. - **Paddle Trail:** (a representative from Paddle Peak, a separate charity, is a Board Member) worked on various initiatives including a proposed “Joint Community on the River”, and a “Paddlers Code”. - **Derwent Valley Trust Newsletter** : the participation of the trust in relevant local shows and the trust website were used to promote the trust. The Directors very much appreciate: - Support in kind by the county, local and parish councils. - The substantial contribution of Lubrizol to a range of initiatives - The on-going services of David Higley advising on our business software. - The support of volunteers. ## **Financial summary 1[st] April 2023 – 31[st] March 2024** On 1[st] April 2023 we had **£6,722.59** credit On 31[st] March 2024 we had **£2,565.74** credit. Over the period, the trust had income of **£3,787.07** ## Income: £1,650.00 Sponsorship by local companies for adverts in new edition of the Derwent Valley Heritage Way guidebook £1,211.46 Derwent Valley Heritage Way guidebook sales £720.00 Refund of mis payment to William Wainwright £185.61 Easyfundraising £20.00 Stall refund 3 Over the accounting period, the Trust had expenses of **£7,943.92** ## Expenses £4,154.00 Printing of 2300 copies of new edition of Derwent Valley Heritage Way guidebook £1,558.50 Ecological survey for the planning application of proposed Belper West Bank cycle path £720.00 Mis payment to William Wainwright £483.72 Derwent Valley Heritage Way guidebook P&P £397.60 Insurance £390.00 IT services £186.60 DHJ Weisters Ltd £53.50 Meeting room bookings All projects, carried out by the Derwent Valley Trust, enhance the Social Capital value of the Derwent Valley and the wider community of Derbyshire. The trustees continue to have due regard for their duty to comply with guidance of the Charity Commission on public benefit in the exercise of their powers or duties. Signature Derek Latham Chair of Derwent Valley Trust CIO 12th December, 2024 4 BETA Having problems on this page? Your ￿f dbaLk will help us to improve it. O You will be logged out after 30 minutes of inactivity. Messages (Igrouplguestlnotificationsl Account Ilgrouplguesumy-detailsl Sign out (Iclportalllogoull Print Check and submit your annual return for year end 2024 Before you complete the declaration and submit the annual retum, you should check the content and accuracy of the information you have provided. You can also print a copy for your records by selecting the Print button at the top of this page. Please note that you will be unable to print a copy of your annual retum once you have submitted it. Income and spendlng Edit £ 3787 Income £ £ 7944 Spending £ Number of contracts from government Number of grants from government Edit Income breakdown Edit £186 Donations and legacies (excluding Endowments Received) £ 2861 Charitable activities Other trading activities Investments Other £740 Grantmaking Recipients of grants Edit Please round all figures to Ihe nearest pound (do not enter decimal points or commas). Individuals Other charities Other organisations that are not charities Trustee payments Edit e. None of the trustees have been paid Excluding out of pocket expenses. for what were any of the trustees paid during the financial period for this return? Did any of the trustees resign and lake up employment with your charity in the financial period of this return? Income from outside Ihe UK No Delivering aclivities outside the United Kingdom No Spending outside England & Wales Subsidiaries Charity contact details correct Yes Edit Charity headquarters details correct Yes Edit Charity contact address Address Line 1 49 Wicarage Lane Address Line 2 Little Ealon Address Line 3 DERBY Postcode DE21 SEA Charity Headquarters address Address Line 1 Edit 49 Wicarage Lane Address Line 2 Little Eaton Address Line 3 DERBY Postcode DE215EA Membership type no, the charity is not part of a wider group structure Employment contract types People were permanently employed by your charity People were on flxed-ternis contracts wlth your charlty Self-employed people were working for your charity Govemance pollcies Edit Yes Internal charity financial controls FK)licy and procedures Safeguarding policy and procedures Not applicable No Financial reserves policy and procedures Complaints policy and procedures Not applicable Serious incident reporting policy and prO￿dureS Not applicable Internal risk management policy and procedures Not applicable Trustee expenses policy and prO￿dureS Not applicable Trustee conflicts of interest policy and prO￿dureS Not applicable Investing charity funds policy and procedures Not applicable Campaigns and political activity policy and procedures Not applicable Bullying and harassment policy and procedures Not applicable No Social media policy and procedures Engaging external speakers at charity events policy and procedures Not applicable Safeguarding No Edit External risk and impa UnknownlNo ChangelNot Applicable Donations UnknownlNo ChangelNol Applicable Other income- grants UnknownlNo ChangelNot Applicable Other income - contracts UnknownlNo ChangelNol Applicable Other income- investment UnknownlNo ChangelNot Applicable Expenditure on charitsble activities UnknownlNo ChangelNot Applicable Expenditure on overheads UnknownlNo ChangelNol Applicable Number of volunteers UnknownlNo ChangelNot Applicable Number of employees UnknownlNo ChangelNot Applicable Number of trustees UnknownlNo ChangelNot Applicable Fundraising activities UnknownlNo ChangelNot Applicable Capacity to deliver services UnknownlNo ChangelNot Applicable Total seNice demand Volunteers 20 Edit Declaration Your role at the charity (select one): Trustee Employee Advisor Other Given names Clive John Family name Pegg Telephone number Email sècrÈtary@derwèntvall Date submitted 2411112024 It Is a criminal offence under section 60 of the Charities Act 2011 for anyone to knowingly or recklessly provide false or misleading information to the commission. this includes suppressingi concealing or destroying documents. 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