## **Trustees’ Annual Report for the period** **From 16 November 2021 Period start date To 15 November 2022 Period end date** ## **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 an AGM in March 2022 (face to
face) covering the following:
a) review of FSA activities
b) report from Head of Centre (Storey
Arms)
c) financial report
d) election of officers
e) any other business
2) Appointed a new web host for FSA
website
3) Contributed to the costs involved in the
agreed Landscaping project at the Storey
Arms Centre (delayed due to pandemic)| |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.| **Additional information (optional)** You may choose to include further statements where relevant about: ||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
were 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.
The current Honorary Secretary is a
volunteer and we thank her for her time and
commitment.| |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 1.20|Due to additional funding received from
elsewhere due to the pandemic, 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.
The sale of neck scarves continued to prove
very popular amongst visitors, bringing in
additional funds.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|At the AGM we had hoped that we would be
able to start up our fund-raising efforts but
this did not happen.
Most of our Trustees and previous
volunteers did not have time to commit to
organising any events, due to their own
commitments following the pandemic.| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A see above| |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|We had hoped to resume our fund-raising
activities for the 2021/22 period, following
the pandemic. However, due to the impact
of the pandemic, our Trustees and previous
volunteers found it hard to commit time to
fund-raising.
Income was therefore limited to membership
and incidental donations.
With the allocation of some funds towards
the landscaping project, this means that we
finished the period with a 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 continue
using the additional income previously raised
through fund-raising, 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 15/11/2022 is
£46,405.43| |Reasons for holding zero
reserves|Para 1.22|N/A| |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)|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 and its
aftermath.
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
on a personal level for our Trustees and
previous volunteers, it is not realistic to rely
on the same few people to organise fund-
raising activities.
We need to commit to a recruitment drive to
get people involved again on a practical
level.
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
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|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 Para 1.51 parties 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 (ifany)**| |---|---|---|---|---| ||Aled Morgan|Chair||| ||Sarah Griffiths|Vice Chair||| ||Carolyn Cummings|Treasurer||| ||Lawrence Conway|||| ||David Ludlam|||| ||Rachel Meek|||| ||John Richards|||| ||SallyThomas|||| ||Andrew Meek|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**
**adviser **|**Name**|**Address**| |---|---|---| |||| |||| |||| |||| |**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 – not a Trustee ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s) Sarah Griffiths David Ludlam
Position (eg
Vice Chair Trustee
Secretary, Chair, etc)
Date
12/09/23
**----- End of picture text -----**
**Charity Name No (if any) FRIENDS OF STOREY ARMS 1159829 Receipts and payments accounts** **For the period** Period start date Period end date **To from** 16/11/2021 15/11/2022 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**to the nearest £**|**Unrestricted**
**to the nearest £**|**Restricted**
**to the nearest £**|**Restricted**
**to the nearest £**|**Endowment**
**to the nearest £**|**Endowment**
**to the nearest £**|**Total funds**
**to the nearest £**| |---|---|---|---|---|---|---|---| |Membershipdonations|**128**||**-**||**-**||**128**| |Sales of brandedgoods|**180**||**-**||**-**||**180**| |Gift Aid|**23**||**-**||**-**||**23**| |Miscellaneous donations|**160**||**-**||**-**||**160**| ||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**| ||**-**
||**-**||**-**||**-**| |~~**_Sub total_**~~~~_(Gross income for_~~|**491**||**-**||**-**||**491**| ||||||||| |**A2 Asset and investment sales,**|||||||| ||**-**||||||**-**| ||**-**
||||||**-**| |~~**_Sub total_**~~|**-**||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**491**| ||||||||| |
Finance(onlinegiving platform)|**288**||**-**||**-**||**288**| |Insurance|**42**||**-**||**-**||**42**| |Equipmentpurchases for StoreyArms|**144**||**-**||**-**||**144**| |Services for StoreyArms(landscaping/|**515**||**-**||**-**||**515**| |plumbingwork)|**-**||**-**||**-**||**-**| |Promotion(materials / web hosting)|**302**||**-**||**-**||**302**| |Grant Funding|**160**||**-**||**-**||**160**| ||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**| |**_Sub total_ **|**1,451**||**-**||**-**||**1,451**| ||||||||| |**A4 Asset and investment**|||||||| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**-**||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**1,451**| ||||||||| ||**- 960**||**-**||**-**||**- 960**| ||**-**|
|**-**|
|**-**||**-**| ||**47,365**||**-**||**-**||**47,365**| ||**46,405**||**-**||**-**||**46,405**| CCXX R1 accounts (SS) 15/09/2023 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**|**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
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|**Details**
Business account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))||**Unrestricted**
**to nearest £**||**Restricted**
**to nearest £**| ||||**46,405**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||||**46,405**||**-**| ||||||OK| ||||||**Restricted**
**funds**
**to nearest £**| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||**Details**||**Fund to which**
||**Cost (optional)**| ||||~~**asset belongs**~~||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||**Details**||**Fund to which**
||**Cost (optional)**| ||||~~**asset belongs**~~||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||**Details**||**Fund to which **||**Amount due**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||Signature||Print Name||| ||||CAROLYNCUMMINGS||| CCXX R2 accounts (SS) 15/09/2023 2 ## Sarah Jane Griffiths CCXX R3 accounts (SS) 15/09/2023 3 ## **CC16a** **Last year to the nearest £** **142 181 28 226 - - - - 577** **577** **288 - - 580 - - - - - 868** **868 - 291 - 47,656 47,365** CCXX R4 accounts (SS) 15/09/2023 4 **Endowment to nearest £ - - - -** OK **Endowment funds to nearest £ - - - - - -** **Current value** ~~**(optional)**~~ **-** **Current value** ~~**(optional)**~~ **-** ## **When due** ## Date of 4/9/2023 CCXX R5 accounts (SS) 15/09/2023 5 12109123 CCXX R6 accounts ISSI 1510912023