THE FENIX TRAINING TRUST IA CHARITABLE INCORPORATED ORGANISATIONI REPOPT AND FINANCIAL sfATEMENTS FOR THE YEAR ENIXD 31 DECEMBER 2023
THE FENIX TRAINING TRL15T IA CHARITABLE INCORPORATED ORGANISATIONI REPORT ANDF FINANCIAL STATEMEPITS FOR THE YEAR ENDED 31 DECEMBER 2023 coKrEKrs P¥e Report of theTruste•s Receipts and Payments3cctyJnts Statement of Assets and Liabilities
THE FENIXYRAINING TRUST REPORT OF ThE TRUSfEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees are pleased to present their report. totetherwith the fifiancial ststements of the charity. for the yearended 31 DecemteT 2023. RÉFERENCE A14D ADMINISTRATIVE DEfAILS Ch•rity numbér 1151830 Prlndp41 Addrtss Higher Hill Farm Clayhidon Culbrnpton DeTr EX15 3TW Bankers 8arclays Bank 26 FoTe Street Wellifi8ton SOr5etT218AN Trustees The trustee5 serving duringthe year and since year eTrd were as folk)ws= lan Yule Ichairl Joanna 8roadbeni Isecretaryl Andrew Walker Lynne Wright STRUTURE. GOVÉRNANCE ANO MANAGEMEP Governi d¢xurnent The Fenix TTrining Trust is a charitab Incorporated OT8ani5ation iaoi governed ty its Constttution adopted at its inaugural meetin8 9th May 2013 fdlowin8 confirmation by the Charity commissK)n of its regiSted charity status on 29th April 2013. Appointment of Trustees As set out in the ctsn5tstutn. there must be at least three charity trustees and not More than e1ve. The trustees are also the members of the CIO and have no liabilTty to contribute to its assets if it is wound up and no person31 responsibility for settlinR tt5 debtsand liabilities. Apart from the initial trustees. everytrustee so apwinted for a term of three arS ah0h they can offer themselves for re-apFK>intN*nt aThd retire by notrfying the CIO in writin8. Appointment is by a SOlutIOn passed at a propedy convened meetin£ ol the CIOtrustee&
THE FENJXTRAINING TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DÉCEMBER 2023 Icontd.) Oryanlsation The board of trustees administersihe charity and Nets at 3st twice a year. In pknning ouractivities. we kept sn mind the Charity Ci)mmissb)nt¢s Kuithnce on public benefit. We have continued to c¢)mmunicate on a re8ular ba$ ty phone and meet as quid. Rlsk Managemert The trustees condutted a review of the major risks whKh the charty was exposed and contintbe. where appropriate, have systems or procedures to mitigate the risks the charity faces. Procedures are in place to ensure compliance wfth health and fety of staff. volunteers. clients and visitotsto the cent¥e. 08JEcfivES AND ACTNMES The objerts of the charity ftsrthe public benefrt are set otst in the CIO ConstttutioA.' To athance in lrfe and help young wple (under ihe age of 251 thrOh the pfovi5h?n of facilities for horse ridinL carriage driving and other amateur equestrian Sports in the interests of xKial wetFare with the obsect of imprthfing the conditions of life. To Telieve the needs of disabled people thrtsh the provision of facilits for horse rsdin& carriage riding and other amateui equestrian 5POrt5 Wlth ihe objett of impwnR their condr(ions of life. To J(Ivance the education of the publK in the subjett of FM)rse drnwn transport through lettures, demonstrations, eventsand ty the establ1shftnt and maintenance of a rnuseum of horse drawn vehicle5 We have referred to the 8uidance contained in ihe Charity CommissKJnerfs genetal 8uidance on public benefit when VIeW1n8 our atms and objectives and in pJanningOurfutU attivities. We welcome anyone who can benefit from the resources on offer re8ardless d personal background, faith, gender, age, financial means or perg)nal Circumstan$. ACHIEVEMENTS ANO PERFORMAPXE This year has ieen an<nher priMIuttNe year. The Uniq museum which the main feature of the Trust has again enthralled vigtors on aNanged vigts as well a5th05e who vislt the facilites on a But•[ basis. The collertion eontinues to grow as Carria8es are restored and housed in the mÈsÈum. There have been visits this year from two Lontkn LNery companies tr)rh of whom enjoyed an educational dav. A new event fof the Trust was the annual presentaion by the Coachrnakers Company toyoung students Interested in the arts and Crafts of "four in hand coaching" was held at the Trust which included a two day instructional course.
THÉ FENIXTRAINING TRUST REPORT OF THE TRUSTEES K)R THE YEAR ENDED 31 DECEMBER 2023 IC41ntd.I ACHIEVEMENTS AND PERFORMANCE IContd.I We Continue to receive donations and numer¢5 tephOne enquiries and reqstsfOr advice and a5S15tance. Continued netWOrng with the Somerset Sight charityaThd the Fenix TrainingTrust ha5 rneant that Ihe relationship continues to flouTish. However. thisyear due to their internal reorganisiation and a clash of dales meant they were unable to visitthis yeai_ A new evernt forthe Trust Was a Vlsit fromThe Exeter Flotilla and Royal Navy Officers who arTrnged a very successful visit and the Trust recceived a &)nation. FINANCIAL REVIEW Receipts in the year to 31 December 2023 were £ 5505 and expendlture of £ 5302.31. leaving £ 10855.67 In the bank During the yearthe annual rent for the premises of £2.2CiI was paid to Fenix Carriages. Fenix Carriages is a business partnership between one of the trustees l Mrsj 8roadbentl ènd her husband. approved by the trusteeso24.-. Octoter 2024 and ggned on its behatF by". lan Yule (Chairmanl
THE FENIX TNING TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBEA 2023 Tot Funds 2023 Unrestritttd fvnds Total Fufid5 2022 funds RECEIPTS Voluntary Income.. Grants & Donations Git Aid Tax recovÈred Lettures and Museum Tour5 Events and Sponsorship MDDC COMD-19 Grant Use of Facilities 32lXI 32( 3,200 1.955 1.955 so TOTAL RECEIPTS 5.155 5,155 3.250 PAYMEIITS Rent Rates 221YI 146 656 2.2(Kl 146 656 2,200 138 576 1,650 1,206 Accountancy Fees Donations & Sponwhip Defibrillator Event and tour costs Website Hosting Secretarial and meeting Venue costs Trustee Travel Eyrenses TOTAL PAYMEfrirs 4.952 4,952 5,770 E¥cess of Recespts over Payments 203 Z03 12.5201 Cash funds &ro¥ht Forward lo53 10.653 13.173 (ash Funds Carried $Onrd lo56 lo56 10,653
ThE FENIX TRAINING TRUST STATEMENT OF ASSETS At4D UL8IUTIES AS AT 31 DECEMBER 2023 2023 2022 Other Assets 1206 CASH FUNDS 8ank current account 10*56 10.653 OTHER MONETARY ASSETS Ineome Ta¥ Recoverable LIABIUTIES A 5 year lease was entered into at an annual rent of £2,ocKI from 1st May 2013. The first rent wa5 paid in March 2014 and rent continue5 to be pahl for 2023. t E2.200 per annum. LEASÉMOLD IMPAOVEMEpns Toilet Facilities Approved bythe Trustees on24.-. October 2024 and signed c47 their behalf bv". lan Yule {ChaimnI