Trustees’ Annual Report for the period from 1[st] April 2024 to 31[st] March 2025
Charity name: BUXTON FOR YOUTH
Charity registration number: 1076385
Objectives and Activities
| Summary of the purposes of the charity as set out in its governing document |
To advance in life and to help young people by the provision of grants to support: i. recreational and leisure time activities provided in the interest of social welfare and designed to improve their conditions of life; ii. activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals |
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| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
The charity is now fully focussed on its role of providing grants for young people. The trustees met three times in the course of the year to monitor the charity’s financial strategy, to consider grant applications (see Achievements and Performance below) and to keep the charity’s performance against its objectives under review. Close contact was maintained with the trustees of the Ethel James Trust, whose grants significantly contributed to our original purchase of the premises. They remain committed to providing supplementary funding for any worthwhile young people’s project for which Buxton for Youth alone may be unable to offer a sufficient grant. The trustees are particularly anxious to maximise returns on investment and savings. The performance of our investments is monitored at every meeting and reviewed at least annually with our financial adviser. Following advice from MKC, who had taken over the financial management of our investments the previous year and after careful consideration, the trustees agreed to transfer our investment from HubWise to a discretionary passive portfolio with Quilter. The transfer proved to be a rather protracted process, finally concluding after the end of the current year. Our modest turnover now means that our accounts no longer require an independent examination. |
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| Summary of main activities contd/.. |
Annual renewal of our Data Protection registration with the Information Commissioner’s Office has been actioned. Sadly, Jean Pendlebury, founder trustee and fund-raiser extraordinary, died in May. Some trustees were able to attend a commemorative celebration of Jean’s life and our Chair, David, was invited to say some words in acknowledgement of Jean’s contribution to Buxton for Youth. |
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| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Public benefit is always at the forefront of the trustees’ minds: the entire focus of the charity is on making provision for the public benefit. This is achieved through providing funds to support projects designed to benefit local young people, by listening to young people and reviewing our grant criteria as necessary. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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| Policy on grant making | Three documents – Small Grant Making Policy and Procedures; Notes for Applicants; and an Application Form – are all available to the public. |
| Policy on social investment |
n/a |
| Contribution made by volunteers |
The trustees and officers of the charity are volunteers. No other use is made of volunteers. |
Achievements and Performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Our grants are designed to benefit the wider community, specifically young people. Over the past year, the previously agreed grant of £1020 was paid to the Youth Robotics Project, which subsequently achieved pleasing growth and success in regional competitions. Trustees became concerned that no grant applications were received over the past year despite efforts to promote our scheme in local schools and elsewhere . As a result a significant change to our grant criteria was agreed that would allow applications from individual young people and not only from groups. The scheme is now being publicised more widely, including via social media. |
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Financial Review
| Review of the charity’s financial position at the end of the period |
The charity now carries virtually no expenses. Our initial investment of £220,000 was valued at £238,450 at the end of the financial year. Our total cash reserves totalled £25857.87, made up of £15000 in a UTB Charity Account; £5615.84 in our NW Business Current Account (incl. £780.21 UTB Interest) ; and £5242.03 (incl. £196.19 interest) in our NW 95 Day Account. |
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| Statement explaining the policy for holding reserves stating why they are held |
All the charity’s funds are reserved for grants so the charity can operate as long as it has funds. The charity does not require a reserve. |
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| Amount of reserves held | £0 |
| Reasons for holding zero reserves |
The only financial risk would be a highly improbable global financial catastrophe. |
| Details of fund materially in deficit |
Nil |
| Explanation of any uncertainties about the charity continuing as a going concern |
n/a |
Additional information
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
We rely primarily on our investments generating interest. Some income may derive from, mostly gift aided, donations. If / when need be, we are able to apply for funds for specific projects from other local charities. |
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| A description of the principal risks facing the charity |
The only risk facing the charity, apart from fraud or mismanagement, will be a serious fall in returns on our investments and a consequent drain on our capital. |
Structure, Governance and Management
| Description of charity’s trusts: |
n/a |
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| Type of governing document | CIO Constitution |
| How is the charity constituted? |
Registered as a Charitable Incorporated Organisation wef 25 March 2021. |
| Trustee selection methods including details of any constitutional provisions |
The trustees / directors of Buxton for Youth aim to maintain a Board with at least six members, who, between them, have experience / expertise relating to the objects of the charity or to the financial and legal requirements of the project. Given the local nature of the charity, trustees use their personal knowledge, but also consult with other community members, to identify individuals who may share the objectives and values of the charity and who have a relevant professional or community background. Trustees are also happy to be approached by others who believe that they may be suited to serve as trustees. |
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Additional information Policies and procedures Individuals deemed by the Board to be suitable adopted for the induction potential trustees are fully briefed on all aspects of the and training of trustees charity’s affairs and provided with all recent relevant documentation by the Chair. They are then invited to attend at least one meeting with the full Board before deciding if they wish to be formally nominated. The charity’s organisational The charity consists solely of its Board of Trustees: structure. Chair; Secretary and Treasurer are elected annually. Relationship with any related n/a parties ~~—~~ Other n/a Reference and Administrative details Charity name Buxton for Youth Other names the charity uses B4Y and BfY Registered charity number 1076385 Charity’s principal address 34 White Knowle Road Buxton Derbyshire SK17 9NH Names of the charity trustees who manage the charity Name of person Dates acted if not for (or body) entitled Trustee name Office (if any) whole year to appoint trustee (if any) 1 David Brindley Chair 2 Anthony Mellor Secretary 3 Margaret Jackson Treasurer 4 Anthony Huxford 5 Elaine McDonald 6 Christopher Smith ~~Pe~~ Declarations The trustees declare that they have approved the Trustees’ Report above.
Signed on behalf of the charity’s trustees.
| Signature | |
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| Full name | David Brindley |
| Position | Chair |
| Date | 11 September 2025 |
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CHARITY COMMISSION FOR ENGLAND AND WALES Buxton for Youth 1076385 For tRpeceipts and payments accounts 01/04/2024 31/03/2025 Section A Receipts and payments Unrestricted funds to the nearest f Restricted funds to the nearest E Endowment funds to the nearest E Total funds to the nearest f A1 Receipts Donations Interest on Nat West 95 day Account Interest on United Trust Bank Account Gift Aid - iR Sub total (Gross income for AR) A2 Asset and investment sales, (see table). Sub total Total receipts A3 Payments Postage/Stationery/Advertising Licences/Data Donation - Roverway Donation - Zink Donation - Young people Xmas Party Presentation afternoon Donation - Funny Wonders Sub total A4 Asset and investment purchases, (see table Prudentia Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds lust year end Cash funds this year end 196 976 976 1,020 1,067 1,067 25,961 25,870 196 780 976 976 1,020 1,067 1,067 91 25,961 25,870 CCXX R1 accounts (SS) 1 CC16a Last year to the nearest E 46 78 124 124 35 600 1,900 125 57 2,721 220,000 220,000 2,721 2,597 28,558 25,961 31/08/2025
Section B Statement of assets and liabilities at the end of the period Unrestricted Restricted funds funds to nearest E to nearest f B1 Cash funds Nat West Busines/95 day Account United Trust Bank Account Petty cash account 10,857 15,000 13 25,870 Total cash funds (agree balances with receipts and payments accounts) Details Unrestricted funds to nearest E Restricted funds to nearest E Endowment funds to nearest E Endowment funds to nearest E B2 Other monetary assets B3 Investment assets Details (Prudential Fund to which asset belongs Cost (optional) Current value (optional) 238,450 Details Fund to which asset belongs Cost (optional) Current value (optional) B4 Assets retained for the charity's own use Details Fund to which liability relates Amount dur (optional) B5 Liabilities When due (optional) • 0• Signed by one or two trustees on behalf of all the trustees Signature Print Name DAVID BRINDLEY Date of approval I1 Sept 2025 CCXX R2 accounts (SS) 2 31/08/2025