## **Trustees’ Annual Report for the period**
**From 16 November 2023 Period start date To 15 November 2024 Period end date**
**Charity name: The Friends of Storey Arms**
## **Charity registration number: 1159829**
## **Objectives and Activities**
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SORP reference
Summary of the purposes of Para 1.17 To advance the education of students from
the charity as set out in its Cardiff and the Vale of Glamorgan attending
governing document 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 Para 1.17 and The Trustees have, for the public benefit,
1.19
activities in relation to those carried out the following activities during the
purposes for the public 2023/24 period:
benefit, in particular, the 1) Held an AGM in March 2024 (online to
activities, projects or services help with attendance levels) covering the
identified in the accounts.
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
Statement confirming Para 1.18 The Trustees have had regard to the
whether the trustees have guidance on public benefit.
had regard to the guidance
issued by the Charity
Commission on public
benefit
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## **Additional information (optional)** You may choose to include further statements where relevant about:
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SORP reference
There has been no need to amend the Grant
Para 1.38 Giving Policy which remains in place as
Policy on grant making 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 Para 1.38
including program related
investment
The Trustees are aware that they need to
Para 1.38 recruit more volunteers to join the
Contribution made by Committee and to re-start our fund-raising
volunteers efforts following the pandemic.
The current Honorary Secretary is a
volunteer and we thank her for her time and
commitment.
Other
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## **Achievements and Performance**
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SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**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, there was no request from the
Head of Centre for funds to assist attending
pupils and schools.
The sale of neck scarves continued to prove
very popular amongst visitors, bringing in
additional funds.
Funds have been made available for
equipment for the centre this year.|
## **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:|**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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|Achievements against
objectives set|Para 1.41|Once again, we set new objectives at the
AGM for holding one or two events for
fundraising and for social enjoyment, to re-
establish the work of the charity.
Unfortunately, due to the other commitments
of the Trustees and Committee, these did
not happen.|
|Performance of fundraising
activities against objectives
set|Para 1.41|N/A see above|
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
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Review of the charity’s Para 1.21
financial position at the end An increase in Member and miscellaneous
of the period donations and neck scarves sales, led to a
much healthier level of income for this
financial year. (See Additional Information
section for details.)
Expenditure was less than last year, without
the new purchase of neck scarves, meaning
that we made a profit on the year.
Statement explaining the Para 1.22 Discussion of our Reserves policy is
policy for holding reserves included in each General Meeting, when we
stating why they are held 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.
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 15/11/2024 is
£46,523.59
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 None
deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a going
concern
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## **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)||With the lack of available time for Trustees
and previous volunteers to put towards
fundraising, there has been no funds raised
by the charity this year.
However, we did receive a donation from a
supporter who raised money on our behalf
through a sponsored hill walk. She used our
online donation platform to create a fund-
raising page. This is something that we will
be promoting to other supporters.
Regular member donations were up on last
year but still need to be increased.|
|---|---|---|---|
||The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|With the lack of available time for Trustees
and previous volunteers to put towards
fundraising, there has been no funds raised
by the charity this year.
However, we did receive a donation from a
supporter who raised money on our behalf
through a sponsored hill walk. She used our
online donation platform to create a fund-
raising page. This is something that we will
be promoting to other supporters.
Regular member donations were up on last
year but still need to be increased.|
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Our neck scarf sales were very healthy this
year (but the income also includes some
monies from the previous year that hadn’t
been banked).
We are very aware that our income is very
‘passive’ and comes in without any effort
from us. This is something that we are
addressing and we are planning a joint fund-
raising venture with a partner organisation.
This will be happening in the coming year.
Investment policy and N/A
objectives including any
social investment policy Para 1.46
adopted
A description of the principal Changes in personnel within Cardiff Council
risks facing the charity Para 1.46 (owner/operator of the Storey Arms Centre),
have resulted in a different working
relationship between the centre and the
Council. Early indications suggest that the
previous funding support that was in place
will no longer be available. This means that
the Head of Centre will, once again, be
asking the charity for financial assistance for
schools and groups, in line with our grant
making policy.
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
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## **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
Appointment of incumbent Head of Centre of
the Storey Arms Centre as Ex-Officio
Trustee|
**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:|**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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|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||Andy Meek retired from his position as Head
of Centre of the Storey Arms Centre at the
end of March 2024. As such he stepped
down as our ex-officio Trustee on 31stMarch
2024.
It was agreed by the Trustees at a meeting
(11thApril 2024) that Andy should be invited
as a full Trustee; he accepted the invitation.
The new Head of Centre, Ryan Stamp, was
invited to be the new ex-officio Trustee,
which he accepted and the Charity
Commission was informed.|
## **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**
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Dates acted if Name of person (or
Trustee name Office (if any) not for whole body) entitled to
year appoint trustee (if any)
1 Aled Morgan Chair
2 Sarah Griffiths Vice Chair
3 Carolyn Cummings Treasurer
4 Lawrence Conway
5 David Ludlam
6 Rachel Meek
7 Sally Thomas
Andrew Meek Ex-Officio Trustee 16/11/23 –
8
31/03/24
Full Trustee 01/04/24 –
to date
Ryan Stamp Ex-Officio Trustee 01/04/24 –
9
to date
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– 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)**
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Type of Name Address
adviser
Name of chief executive or names of senior staff members (Optional information)
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## **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**
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Signature(s)
Full name(s) Sarah Griffiths David Ludlam
Position (eg
Vice Chair Trustee
Secretary, Chair, etc)
Date
12/09/25
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**Charity Name No (if any) FRIENDS OF STOREY ARMS 1159829 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 16/11/2023 15/11/2024
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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Membership donations 119 - - 119 50
Sales of branded goods 1,792 - - 1,792 -
Gift Aid 55 - - 55 11
Miscellaneous donations 350 - - 350 -
Event Income (Supporter) 223 - - 223 -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 2,539 61
AR) [ 2,539 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 2,539 - - 2,539 61
A3 Payments
Finance (online giving platform) 288 - - 288 288
Insurance - - - - -
Equipment purchases for Storey Arms 429 - - 429 -
Services for Storey Arms (landscaping/ - - - - -
plumbing work) - - - - -
Promotion (materials / web hosting) 270 - - 270 1,014
Grant Funding - - - - -
Other - Trustee retirement gift/meal - - - - 193
- - - - -
Sub total 987 - - 987 1,495
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 987 - - 987 1,495
Net of receipts/(payments) 1,552 - - 1,552 - 1,434
A5 Transfers between funds - - - - -
A6 Cash funds last year end 44,971 - - 44,971 46,405
Cash funds this year end 46,523 - - 46,523 44,971
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CCXX R1 accounts (SS)
09/09/2025
1
|**Section B Statement of assets and liabilities at**|**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
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B2 Other monetary assets**
**B3 Investment assets**
**B1 Cash funds**|Signature
**Details**
**Details**
Business account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**46,523**
**-**
**-**
**-**
**-**
**-**
**46,523**
**-**
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)**
**-**
**-**
**-**
**-**
**-**
CAROLYN CUMMINGS
DAVE LUDLAM
Print Name|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
3/9/2025
08/09/25|
CCXX R2 accounts (SS)
09/09/2025
2