THE THE FENIX FENIX TRAINING TRAINING TRUST TRUST (A (A CHARITABLE CHARITABLE INCORPORATED INCORPORATED ORGANISATION) ORGANISATION)
REPORT REPORT AND AND FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
THE THE FENIX FENIX TRAINING TRAINING TRUST TRUST (A (A CHARITABLE CHARITABLE INCORPORATED INCORPORATED ORGANISATION) ORGANISATION)
REPORT REPORT ANDF ANDF FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
CONTENTS CONTENTS
Report Report of[of the] the Trustees Trustees
Receipts Receipts and and Payments Payments accounts accounts
Statement Statement[of] of Assets Assets and and Liabilities Liabilities
Page Page 1-3 1-3 4 4 5 5
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THE THE[FENIX] FENIX TRAINING TRAINING TRUST TRUST
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
The The Trustees Trustees are are pleased pleased to to present present their their report, report, together together with with the the financial financial statements statements of the of the charity, charity, for for the the year year ended ended 31 31 December December 2024. 2024.
REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS
Charity Charity number number 1151830 1151830 Principal Principal Address[Address] Higher Higher Hill Hill Farm Farm Clayhidon Clayhidon Cullompton Cullompton Devon Devon EX15 EX15 3TW 3TW Bankers Bankers Barclays Barclays Bank Bank
Barclays Barclays Bank Bank 26 26 Fore[Fore] Street Street Wellington Wellington Somerset Somerset TA21 TA21 8AN 8AN
Trustees Trustees
The The trustees trustees serving serving during during the the year year and and since since the the year year end end were were as as follows: follows:
lan Ian Yule Yule (chair) (chair) Joanna Joanna Broadbent Broadbent (Secretary) (Secretary) Andrew Andrew Walker Walker Lynne Lynne Wright Wright
STRUTURE, STRUTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT
Governing Governing document document
The The Fenix Fenix Training Trust Training Trust is is a a Charitable Charitable Incorporated Incorporated Organisation Organisation (CIO) (CIO) governed governed by by its its Constitution Constitution
adopted adopted at[at] its its inaugural inaugural meeting meeting on on 9th 9th May May 2013 2013 following following confirmation confirmation by by the the Charity Charity commission commission of of its its registered registered charity charity status status on on 29th 29th April April 2013. 2013.
Appointment Appointment of[of] Trustees Trustees
As As set set out out in in the the constitution,there constitution, there must must be be at at least least three three charity charity trustees trustees and and not not more more than than twelve. twelve. The The trustees trustees are are also also the the members members of the of the CIO CIO and and have have no no liability liability to to contribute contribute to to its its assets assets if if it it is is wound wound up up and[and] no no personal[personal] responsibility responsibility for for settling settling its its debts debts and and liabilities. liabilities. Apart from Apart from the the initial initial trustees, trustees, every every trustee trustee so so appointed appointed for for a a term term of of three three years years although although they they can can offer offer themselves[themselves] for for re-appointment re-appointment and[and] retire[retire][by] by notifying notifying the[the] CIO[CIO] in[in] writing. writing. Appointment Appointment is[is] by[by] a a[resolution] resolution passed passed at[at] a a properly[properly] convened convened meeting meeting of of the the CIO CIO trustees. trustees.
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THE THE FENIX FENIX TRAINING TRAINING TRUST TRUST
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REPORT REPORT OF [OF] THE THE TRUSTEES TRUSTEES FOR [FOR] THE YEAR THE YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024 (Contd.) (Contd.)
Organisation Organisation
The The board board of of trustees trustees administers administers the the charity charity and and meets meets at at least least twice twice a a year. year.
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In In planning planning our our activities, activities, we we kept kept in in mind mind the the Charity Charity Commissioner's Commissioner's guidance guidance on on public public benefit. benefit. We We have have continued continued to to communicate communicate on on a a regular regular basis basis by by phone phone and and meet meet as as required. required.
Risk Risk Management Management The The trustees trustees conducted conducted a a review review of[of] the the major major risks risks which which the the charity charity was was exposed exposed and and continue, continue,
where where appropriate,[appropriate,] have have systems systems or or procedures procedures to to mitigate mitigate the the risks[risks] the the charity charity faces. faces.
Procedures Procedures are are in in place place to to ensure ensure compliance compliance with with health health and and safety safety of of staff, staff, volunteers, volunteers, clients clients and and[visitors] visitors to to the the centre. centre.
OBJECTIVES OBJECTIVES AND[AND] ACTIVITIES[ACTIVITIES]
The The objects objects of of the the charity charity for for the the public public benefit benefit are are set set out out in in the the CIO CIO Constitution: Constitution:
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¢ To To advance[advance] in[in] life[life] and[and] help[help] young young people people (under (under the[the] age age of 25)[of][25)] through through the the provision provision of of facilities facilities for for horse horse riding, riding, carriage carriage driving driving and and other other amateur amateur equestrian equestrian sports sports in in the the interests interests of[of] social[social] welfare welfare with with the the[object] object of[of] improving improving[the] the conditions[conditions] of[of] life. life.
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¢ To To relieve[relieve] the[the] needs[needs] of[of] disabled[disabled] people people through through[the] the provision[provision] of[of] facilities facilities for for horse horse riding, riding, carriage carriage riding riding and and other other amateur amateur equestrian equestrian sports sports with with the the object object of of improving improving their their conditions[conditions] of[of] life.[life.]
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• To To advance advance the the education education of[of] the the public public in[in] the the[subject] subject of[of] horse horse drawn drawn transport transport through through lectures, lectures, demonstrations, demonstrations, events events[and] and by[by][the] the establishment establishment and and maintenance maintenance of[of] a a museum museum of[of] horse horse drawn drawn vehicles vehicles
We We have have[referred] referred to[to][the] the guidance guidance contained contained in in the the Charity Charity Commissioner's Commissioner's general general guidance guidance on on public public[benefit] benefit when when reviewing reviewing our our aims aims and and objectives objectives and and in in planning planning our our future future activities. activities. We We welcome welcome anyone anyone who who can can benefit benefit from from the the resources resources on on offer offer regardless regardless of of personal personal background, background, faith, faith, gender, gender, age, age, financial financial means means or or personal personal circumstances. circumstances.
ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE
This This year year has has been been another another busy busy year year for for the the Training Training Trust. Trust. The The Trust Trust has has again again enthralled enthralled visiors visiors and and regular regular visitors visitors using using the the facilities facilities for for their their own own training training and and improvement improvement with with a a tour tour of of the the meuseum meuseum and and on on occasion occasion included included a a tour tour of of the the carriage carriage collection. collection.
There There has has been been an an increase increase in in the the number number of of tour tour days. days. Of Of note note was was the the annual annual visit visit by by the the Charity Charity Somerset Somerset and and Sight Sight in[in] August August which which involved involved a a museum museum tour tour followed followed by by a a drive drive around around the the parkland parkland with with a a carriage carriage and and pair. pair. September September saw saw a[a] visit visit from[from] the the West West Country Country RDA RDA groups groups to[to] celebrate celebrate their their 50 50 years years as as a a charity.[charity.] Nearly Nearly 50 50 guests guests enjoyed enjoyed an an historical historical museum museum tour tour followed followed by by a a demonstration demonstration training training a a young young horse. horse. The The Trust Trust continues continues to to support support young young and and disabled disabled drivers drivers by by sponsoring sponsoring classes classes at at the the British British Driving Driving Society Society annual annual show show at at Windsor Windsor Park Park and and various various other other shows shows around around the the country. country.
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THE THE FENIX[FENIX] TRAINING TRAINING TRUST TRUST
REPORT REPORT OF[OF] THE[THE] TRUSTEES[TRUSTEES] FOR[FOR] THE THE YEAR[YEAR] ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024 (Contd.) (Contd.)
ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE[(Contd.)] (Contd.)
We We continue continue to to receive receive donations donations and and numerous numerous telephone telephone enquiries enquiries and and requests requests for for
advice advice and and assistance. assistance.
FINANCIAL FINANCIAL REVIEW REVIEW
Receipts Receipts in in the the year year to to 31 31 December December 2023 2023 were were f £ 1050 1050 and and expenditure expenditure[of] of £ E 3904.61, 3904.61 , leaving leaving £[E] 8001.06 8001.06 in in the the bank bank
During During the the year the year the annual annual rent rent for for the the premises premises of[of] £2,200 E2,200 was was paid paid to to Fenix Fenix Carriages. Carriages.
Fenix Fenix Carriages Carriages[is] is a a business business partnership partnership between between one one of of the the trustees trustees ( ( Mrs Mrs J J Broadbent) Broadbent) and and her her husband. husband.
approved approved by by the the trustees trustees on. on ...... . October October 2025 2025 and and signed signed on on its its behalf behalf by: by:
Ian lan Yule Yule (Chairman) (Chairman)
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THE THE FENIX FENIX TRAINING TRAINING TRUST TRUST
RECEIPTS RECEIPTS AND AND PAYMENTS PAYMENTS ACCOUNT ACCOUNT FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
| Total Total |
|||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Unrestricted |
Restricted Restricted |
Funds Funds |
Total Funds Total Funds |
||||
| funds funds |
funds funds |
2024 2024 |
2023 2023 |
||||
| RECEIPTS RECEIPTS |
|||||||
| Voluntary Voluntary |
Income: Income: |
||||||
| Grants & Donations Grants & Donations |
- | - | - | 3,200 3,200 |
|||
| Gift Aid Tax recovered Gift Aid Tax recovered |
- | - | |||||
| Lectures and Museum Tours Lectures and Museum Tours |
- | - | |||||
| Events and Sponsorship Events and Sponsorship |
1,050 1,050 |
- | 1,050 1,050 |
1,955 1,955 |
|||
| MDDC COVID-19 Grant MDDC COVID-19 Grant |
- | - | - | ||||
| Use of Facilities Use of Facilities |
- | - | - | ||||
| TOTAL RECEIPTS TOTAL RECEIPTS |
1,050 1,050 |
- | 1,050 1,050 |
5,155 5,155 |
|||
| PAYMENTS PAYMENTS |
|||||||
| Rent Rent |
2,200 2,200 |
- | 2,200 2,200 |
2,200 2,200 |
|||
| Rates Rates |
156 156 |
- | 156 156 |
146 146 |
|||
| Accountancy Fees Accountancy Fees |
799 799 |
- | 799 799 |
656 656 |
|||
| Donations & Sponsorship Donations & Sponsorship |
- | - | - | 1,900 1,900 |
|||
| Defibrillator Defibrillator |
- | - | - | ||||
| Event and tour costs Event and tour costs |
750 750 |
- | 750 750 |
50 50 |
|||
| Website Hosting Website Hosting |
- | - | |||||
| Secretarial and meetingvenue costs Secretarial and meeting venue costs |
- | - | |||||
| Trustee Travel Expenses Trustee Travel Expenses |
- | - | |||||
| TOTAL PAYMENTS TOTALPAYMENTS |
3,905 3,905 |
- | 3,905 3,905 |
4,952 4,952 |
|||
| Excess of Receipts over Payments Excess of Receipts over Payments |
(2,855) (2,855) |
- | (2,855) (2,855) |
203 203 |
|||
| Cash funds Brought Forward Cash funds Brought Forward |
10,856 10,856 |
- | 10,856 10,856 |
10,653 10,653 |
|||
| Cash Funds Carried Forward CashFundsCarriedForward |
8,001 8,001 |
- | 8,001 8,001 |
10,856 10,856 |
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THE THE FENIX FENIX TRAINING TRAINING TRUST TRUST
STATEMENT STATEMENT[OF] OF ASSETS[ASSETS] AND AND LILBILITIES[LILBILITIES] AS AS AT AT 31 31 DECEMBER DECEMBER 2024 2024
2024 2024 2023 2023 £ £ ASSETS ASSETS Other Other Assets Assets 1,206 1,206 1206 1206 CASH CASH FUNDS FUNDS Bank Bank current current account account 8,001 8,001 10,856 10,856 OTHER OTHER MONETARY MONETARY ASSETS[ASSETS] Income Income Tax Tax Recoverable Recoverable = ;
LIABILITIES LIABILITIES A AS[5] year year[lease] lease was was entered entered into[into] at[at] an an annual annual rent rent[of] of £2,000 E2,000 from from 1st 1st May May 2013. 2013. The The first first rent rent was was paid paid in in March March 2014 2014 and and rent rent continues continues to to be be paid paid for for 2023. 2023. at at £2,200 €2,200 per per annum. annum.
LEASEHOLD LEASEHOLD IMPROVEMENTS IMPROVEMENTS
Toilet Toilet[Facilities] Facilities
Approved Approved by the by the Trustees Trustees on on......... October October 2025 2025 and and signed signed on on their their behalf behalf by:[by:]
Ian lan Yule[Yule] (Chairman) (Chairman)
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