## **Trustees’ Annual Report for the period** **From Period start date 15 November 2020 To Period end date 14 November 2021** **Charity name: The Friends of Storey Arms** **Charity registration number: 1159829** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance the education of students from Cardiff and
the Vale of Glamorgan attending Storey Arms Outdoor
Education Centre, by supporting the work and
development of the centre through:
1. Providing financial assistance to individuals and
groups from Cardiff and the Vale, where charges are
prohibitive
2. Assisting in the provision of facilities and equipment| |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.|Para 1.17 and
1.19|The Trustees have, for the public benefit, carried out the
following activities during the 2020/21 period:
1. Held a General Meeting in March 2021 (via Zoom due
to Covid restrictioins) covering the following
discussion points:
•Charity Commission administration / Policies /
Monitoring
•Financial situation / fundraising initiatives
•Membership
•Publicity / newsletter / website
•Fundraising and social events
2. Held Annual General Meeting in April 2021. This was
via Zoom due to Covid restrictions
3. No further formal meetings or fund-raising events
were held during the period due to Covid restrictions
and the availability of time for Trustees who were
prioritising their time to their own personal and work
commitments. Chair, Vice Chair, Treasurer and
Secretary kept in touch during this time.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have had regard to the guidance on ‘public
benefit’ issued by the Charity Commission.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|There has been no need to amend the Grant Giving
Policy which remains in place as follows:
**Priorities for support**
The number of individuals and groups which can be
supported is, of necessity, limited to the amount of
funds available for distribution in any year. The
Trustees have determined that the priorities for
funding over the next years will be:
•Schools serving socially deprived communities
(Informed by school %FSM & WIMD).
•Assisting children and young people in attending
centre for whom the charges may be prohibitive.
**Principles**
•Grants are given in the form of subsidies to groups on
the fees charged by Storey Arms.
•Only groups of young people from Cardiff or the Vale
of Glamorgan are eligible for subsidies.
•Maximum amount for any one individual is the full
course fee.
**Grant application process**
•Subsidies are offered at the point of enquiry about a
booking, through discussion with the Head of Centre.
•Where a subsidy is granted the booking letter has the
statement “with support from the Friends of Storey
Arms” included in it.
•The trustees are happy to receive requests in writing.| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|Any efforts to recruit more volunteers to help with fund-
raising activities for the charity have been put on hold due
to the aftermath of the Coronavirus pandemic.
It is intended that this will be a priority once we resume
our activities.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |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.|Para 1.2|Due to the closure of the Storey Arms Outdoor Education
Centre for much of the reporting period, there was no
request from the Head of Centre for funds to assist
attending pupils and schools.
The charity made further funds available (from existing)
allowing work to continue on the landscaping project at
the Storey Arms Centre. The plans for this project were
funded in 2019/20 but work was delayed due to the
pandemic.
Once the centre re-opened after the Covid restrictions
were relaxed, the sale of neck scarves continued as it
had left off, proving very popular amongst visitors.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|Due to the continuing Covid restrictions, we suspended
our fund-raising activities for the whole of the 2020/21
period.
The Storey Arms Centre was also closed to visitors for
some of the period and this limited opportunities for
merchandise sales and other donations.
With the allocation of some funds towards the
landscaping project, this means that we finished the
period with a small deficit.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Discussion of our Reserves policy is included in each
General Meeting, when we look at income and
expenditure for the period, allowing scrutiny on a regular
basis.
A major donation that we received a number of years
ago, was given for the use of student assistance and
forms the major part of our reserves.
We find that we have been able to raise additional
income each year to cover requests from the centre for
equipment and services.
Grant making demands are fluid each year and requests
are granted/denied based on our account balance at the
time.| |---|---|---| |Amount of reserves held|Para 1.22|Account balance at 15/11/2021 is £47,365.33| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|None| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Our main income has been limited, once again, by the
Coronavirus pandemic.
The main source of funds is from membership donations
(plus Gift Aid) and miscellaneous donations from
members of the public and Storey Arms Centre
customers. See published accounts for more detailed
breakdown of income.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|With the continuing legacy of the pandemic, we are
aware that fund-raising activities may be affected for a
while yet – particularly for larger, face-to-face events.
We will continue to look at the opportunities for applying
to other grant-making bodies for direct funding which may
help in the short term.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Constitution| |How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by General or Annual General Meeting –
nomination and vote| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|On a rolling programme two of the official
posts (Chair, Vice Chair, Treasurer,
Secretary) are due for selection/reselection
each year at AGM.
Appointees do not automatically become a
Trustee.| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|The Friends of Storey Arms| |---|---| |Other name the charity uses|FSA (used internally as a working title)| |Registered charity number|1159829| |Charity’s principal address|The Secretary, The Friends of Storey Arms
Storey Arms Outdoor Education Centre
Libanus
Brecon
LD3 8NL| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---|---| ||Morgan, Aled|Chair||| ||Griffiths, Sarah|Vice Chair||| ||Cummings,
Carolyn|Secretary|15/11/2020 – 15/04/2021|| |||Treasurer|15/04/2021 – 14/11/2021|| ||Ludlam, David|Treasurer|15/11/2020 – 15/04/2021|| ||Conway, Lawrence|||| ||Richards, John|||| ||Meek, Rachel|||| ||Thomas, Sally|||| ||Meek, Andrew|Ex-officio Trustee||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Current Secretary is Claire Beasley (from 15/04/2021) – not a Trustee ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| |||| ||Sarah Griffiths|Dave Ludlam| ||
Vice Chair|Trustee| ||15/09/2022|| ||15/09/2022|| |**Charity Name**|**No (if any)**||| |---|---|---|---| |**THE FRIENDS OF STOREY ARMS**|**1159829**||| |**Receipts and payments accounts**|||**CC16a**| |15/11/2020
Period start date
**For the period**
**from**|14/11/2021
Period end date
**To**||| |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**142**
**226**
**181**
**28**
**-**
**-**
**-**
**-**
**577**
**-**
**-**
**-**
**577**
**-**
**288**
**580**
**-**
**-**
**-**
**-**
**-**
**-**
**868**
**-**
**-**
**-**
**868**
**- 291**
**-**
**47,656**
**47,365**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**142**
**226**
**181**
**28**
**-**
**-**
**-**
**-**
**577**
**-**
**-**
**-**
**577**
**-**
**288**
**580**
**-**
**-**
**-**
**-**
**-**
**-**
**868**
**-**
**-**
**-**
**868**

**- 291**||**Last year**
**to the nearest £**| |Membershipdonations|**142**|||||**157**| |Miscellaneous donations|**226**|||||**1,156**| |Sales of merchandise|**181**|||||**298**| |Gift Aid|**28**|||||**28**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**577**|||||**1,639**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**1,639**| |||||||| |
Insurance|**-**|||||**30**| |Onlinegivingadmin costs|**288**|||||**288**| |StoreyArmsgrounds development|**580**|||||**555**| |StoreyArms internal artwork costs|**-**|||||**200**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**868**|||||**1,073**| |||||||| |**A4 Asset and investment**
**purchases (see table)**||||||| |**,**|**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**1,073**| |||||||| ||**- 291**|**-**|**-**|
**- 291**||**566**| ||**-**|**-**|**-**|**-**||**-**| ||**47,656**|**-**|**-**|**47,656**||**47,090**| ||**47,365**|**-**|**-**|**47,365**||**47,656**| CCXX R1 accounts (SS) 16/09/2022 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
Business account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**47,365**
**-**
**-**
**-**
**-**
**-**
**47,365**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
CAROLYN CUMMINGS|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||CAROLYN CUMMINGS|12/09/2022| ||||| CCXX R2 accounts (SS) 16/09/2022 2