##
##
##
##
|Statement|confirming||Para 1.18|The trustees|The trustees|have had due regard to the|
|---|---|---|---|---|---|---|
|whether
the trustees||have||guidance|issued by the Charity Commission||
|had regard|to the guidance|||on public|benefit.||
|issued
by the Charity|||||||
|Commission|on public||||||
|benefit|||||||
##
##
|||||Para 1.38|
|---|---|---|---|---|
|Policy on|grant making||||
|||||Para 1.38|
|Policy on|social investment||||
|including|program||related||
|investment|||||
|||||Para 1.38|
|Contribution||made|by||
|volunteers|||||
|Other|||||
##
|Achieve|men|ts|and Per|formance||
|---|---|---|---|---|---|
|||||SORP reference||
||||||The Charity has, through
the giving ofsmall|
||||||grants directly to local grassroots|
||||||organisations,
enabled
small projects which|
|Summary
ofthe main
achievements
ofthe charity,||||Para 1.20|benefit local communities
to achieve
funding
to further charitable
purposes.|
|identifying|the|difference the|||Such small funding
fills the niche between|
|charity's|work|has made to|||larger grants from national
or regional|
|the circumstances|||of its||charities, and self-fundraising
which would|
|beneficiaries
and|||any wider||be time-intensive
for the beneficiaries
of|
|benefits to society as a|||||the Charity's
grants.
The Charity's
grants|
|whole.|||||have allowed
the local grassroots|
||||||organisations
who have received the grants|
||||||to continue to deliver their benefit to the|
||||||community
and wider society.|
|Achievements
against|
|---|
|objectives set|
|Performance
offundraising|
|activities against objectives|
|set|
|Investment
performance|
|against objectives|
|Other|
##
|Financial
Review|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Review ofthe charity's|||Para 1.21|The Charity's|||financial|position||||is strong.|
|financial
position at the|end|||Accounts|have been prepared||||||showing||
|ofthe
eriod||||income and||ex enditure.|||||||
|Statement
explaining
the|||Para 1.22|N/A|||||||||
|policy for holding
reserves|||||||||||||
|statin
wh
the
are held|||||||||||||
|Amount ofreserves
held|||Para 1.22|None|||||||||
|Reasons for holding zero|||Para 1.22|The Charity||is wholly||funded|||by||
|reserves||||Cumberland|||Building|Society|||and exists to||
|||||facilitate it's charitable||||giving|||and as a||
|||||vehicle to|assign windfall||||profits|||to on the|
|||||event ofde-mutualisation|||||of|the||Society.|
|||||The Charity||has no ongoing||||obligations,|||
|||||overheads||or commitments,||||and employs|||
|||||no staff.|It|is|therefore|not necessary or|||||
|||||a
ro riate||to hold reserves.|||||||
|Details offund materially||in|Para 1.24|None.|||||||||
|deficit|||||||||||||
|Explanation
ofany|||Para 1.23|None.|||||||||
|uncertainties
about the|||||||||||||
|charity continuing
as a going|||||||||||||
|concern|||||||||||||
|Additional
information|(optional)||||||||||||
|You ma
choose to include||further statements||where relevant|||about:||||||
|The charity's
principal
sources offunds (including|||Para 1.47||||||||||
|any fundraising)|||||||||||||
|Investment
policy and
objectives including
any|||Para 1.46||||||||||
|social investment
policy|||||||||||||
|adopted|||||||||||||
|A description
ofthe principal|||Para 1.46||||||||||
|risks facing the charity|||||||||||||
|Other|||||||||||||
##
|Description|ofcharity's|ofcharity's|||
|---|---|---|---|---|
|trusts:|||||
|Type of governing||document|Para 1.25|CIO Constitution|
|(trust deed,|roral|charteri|||
|How is the charity|||Para 1.25|Charitable
Incorporated
Organisation|
|constituted?|||||
|(e.g unincorporated|||||
|association,|CION||||
|Trustee selection||methods|Para 1.25||
|including
details ofany
constitutional
provisions e.g.
election to post or name of
any person or body entitled||||Every
trustee
must
be
appointed
by a
resolution
passed
at a properly
convened
meeting ofthe charity trustees.|
|to appoint one or||more|||
|trustees||||In selecting
individuals
for appointment
as|
|||||charity
trustees,
the
charity
trustees
must|
|||||have
regard
to the
skills,
knowledge
and|
|||||experience
needed
for
the
effective|
|||||administration
ofthe Charity|
|||||Every
charity
trustee
must
be a
natural|
|||||person.|
|||||No individual
may be appointed
as a charity|
|||||trustee of the CIO: if he or she is under the|
|||||age of 16 years;
or
if he or she
would|
|||||automatically
cease to hold office under the|
|||||provisions ofthe constitution
(i.e.is ineligible|
|||||to be a trustee).|
|||||No one is entitled to act as a charity trustee|
|||||whether
on
appointment
or
on
any
re-|
|||||appointment
until
he or she has expressly|
|||||acknowledged,
in whatever
way the charity|
|||||trustees decide, his or her acceptance ofthe|
|||||office ofcharity trustee.|
|||||At least one ofthe trustees ofthe CIO must|
|||||be 18 years of age or over.
If there
is no|
|||||trustee aged at least 18years, the remaining|
|||||trustees may only actto call a meeting ofthe|
|||||charity
trustees,
or appoint
a new
charity|
|||||trustee.|
|||||Every
charity
trustee
must
be a director,|
|||||officer or employee
of Cumberland
Building|
|||||Society (or any successor to its business).|
|Policies and procedures
adopted for the induction|Policies and procedures
adopted for the induction|Para 1.51|
|---|---|---|
|and training|oftrustees||
|The charity's
organisational
structure
and any wider||Para 1.51|
|network
with|which the||
|charity works|||
|Relationship|with any related|Para 1.51|
|parties|||
|Other|||
##
|Chari|name|||Cumberland|Buildin|Socle|Charitable|Foundation|
|---|---|---|---|---|---|---|---|---|
|Other name the chari|||uses|N/A|||||
|Re istered charit||number||1072435|||||
|Charity's|principal|address||Cumberland|House||||
|||||Cooper Way|||||
|||||Parkhouse|||||
|||||Carlisle|||||
|||||CA3 OJF|||||
##
|ames|ofthe charity tru|stees who manage|the charity||||
|---|---|---|---|---|---|---|
||Trustee name|Office (ifany)|Dates acted Ifnot forwhole
ar|Name
to a|ofperson (or body) entitled
oint trustee
ifan||
||Rebecca Towns|N/A|1 April 2021 —16August|N/A|||
||||2021||||
|2|Claire Deekes|Chairman|N/A|N/A|||
|3|Lewis Benson|N/A|N/A|N/A|||
|4|Alexandra
McAleavey|N/A|17August 2021 —3
December 2021|N/A|||
|5|||||||
|6|||||||
|7|||||||
|8|||||||
|9|||||||
|10|||||||
|11|||||||
|12|||||||
|13|||||||
|14|||||||
|15|||||||
|16|||||||
|17|||||||
|18|||||||
|19|||||||
|20|||||||
|Funds held as custodian|Funds held as custodian|trustees on behalf ofothers|
|---|---|---|
|Description
ofthe assets||None|
|held in this capacity|||
|Name and objects ofthe||N/A|
|charity on whose behalf|the||
|assets are held and how|this||
|falls within the custodian|||
|charity's objects|||
|Details of arrangements|for|N/A|
|safe custody and|||
|segregation
ofsuch assets|||
|from the charity's
own|||
|assets|||
##
##
##
##
##
||Cumberland|Building Society Charitoble
Foundation!A|Building Society Charitoble
Foundation!A|Building Society Charitoble
Foundation!A|Charitable|Incorporated|Incorporated|Organisation)|
|---|---|---|---|---|---|---|---|---|
||Trustees'||Report ond Financial Statements|for|the Year Ended||31March|2022|
||||Chority|Number 1072435|||||
|Trust Information|||||||||
|Charity Number|||1072435||||||
|Trustees|||Mr LBenson||||||
||||Ms C Deekes||||||
||||Ms RTowns||(Resigned 16/08/21)||||
||||Ms A McAleavey||(Appointed||17/08/21; resigned 03/12/21)||
|Registered|Office||Cumberland|House|||||
||||Cooper Way||||||
||||Parkhouse||||||
||||Carlisle||||||
||||CA3 0IF||||||
|Bankers|||Cumberland|Building Society|||||
||||Cumberland|House|||||
||||CooperWay||||||
||||Parkhouse||||||
||||Carlisle||||||
||||CA301F||||||
##
##
##
##
##
##
##
##
##
##
##
|||Note||2D22
f||2621
E|
|---|---|---|---|---|---|---|
||||Unrestricted|Funds|Unrestdcted|Funds|
|Income and Expenditure|||||||
|Incoming Resources|||||||
|Investment
Income|||||||
|Donations Received||||22,369||23,875|
|Total Incoming Resources||||22,369||23,875|
|Chaditable
Expenditure|||||||
|Chadtable Activities:|||||||
|Grantsand
Donations|||(22,369)|||(23,875)|
|Administrative
Expenses|||||||
|Total Charitable
Expenditure||||(22,369)||(23,875)|
|Net(Expenditure)/Income|forthe Year||||||
|Total Funds at Beginning|of Period||||||
|Total Funds at End ofPeriod|||||||
|2022|2021|
|---|---|
|f|f|
|Balance Sheet as|at 81March|at 81March|
|---|---|---|
|Current assets|||
|Cash at bankand|in hand||
|Cash held by CCF|||
|Net assets|||
|Accumulated
unrestricted||funds|
##
##
##
##
##
##
##
##
##
|3.|Investment|Investment|Income||2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Income|earned|on|current account and notice||||
|account|||||||
|4.|~li|4|||2022|2021|
||||||f|f|
|Donations received|||from Cumberland|Building|||
|Society|||||22,369|23,875|
||||||22,369|28,220|
|5.|Charitable||Ex enditure||2022|2021|
|Charitable
Donations (2022:63, 2021:||||49)|22,369|23,875|
|Administrative||Expenses|||||
||||||22,369|23,875|
##
##
##