##
||qHApITy go|qHApITy go|MMIg)Iog
Independent
examiners
report on t
|e||
|---|---|---|---|---|---|
||FOR EN6lLANI3||ANQ WALES
accounts|||
||||~
~
~
~ ~|||
|Report to the trustees/
,members of|||The Carriage. Foundation|||
|On accounts for the year|||31 July 2021
Charity no
1162356|||
|||ended|(ifany)|||
|Set out||on pages|Independent
Examiners
Report —1ERto 2ER|||
||||Trustees'
Annual
Report —TAR1 to TAR5|||
|4|||Receipts and payments
accounts —SS1to SS2|||
||||I report to the trustees
on my examination
ofthe accounts ofthe above|||
||||charity ("the Trust" )for the year ended 31/07/2021.|||
|Responsibilities||and|As the charity's trustees,
you are responsible
for the preparation
ofthe|||
|basis of report|||accounts
in accordance
with the requirements
of the Charities Act 2011|||
||||("the Act").|||
||||I report
in respect of my examination
of the Trust's accounts carried out|||
||||under section 145ofthe 2011 Act and
in carrying
out my examination,|I||
||||have followed
all the applicable
Directions
given by the Charity Commission|||
||||under section 145(5)(b)of the Act.|||
|Independent|||[The charity's gross income exceeded 6250,000 and
I am qualified
to|||
|examiner's|statement||undertake
the examination
by being a qualified
member of [insert name|of||
||||applicable
listed body]]. Delete []ifnot applicable.|||
||||I have completed
my examination.
I confirm that no material
matters have|||
||||come to my attention
in connection
with the examination
(other than that|||
||||disclosed
below *) which gives me cause to believe that in, any material|||
||||respect:|||
||||~
the accounting
records were not kept in accordance
with section|130||
||||ofthe Charities Act; or|||
||||~
the accounts
did not accord with the accounting
records; or|||
||||~
the accounts
did not comply with ihe applicable
requirements|||
||||concerning
the form and content ofaccounts set out in the Charities|||
||||(Accounts and Reports) Regulations
2008 other than any requirement|||
||||that the accounts give a 'true and fair' view which is not a matter|||
||||considered
as part ofan independent
examination.|||
||||I have no concerns and have come across no other matters
in connection|||
||||with the examination
to which attention
should be drawn
in this report||in|
||||order to enable a proper understanding
ofthe accounts to be reached.|||
||||*Please delete the words in the brackets ifthey do not apply.|||
|||Signed:|Date:|||
|||Name:|M W Thomas|||
##
##
##
##
|||||||||SORP||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||reference||||||
|Summary|of|theyurposes||||of|the|Para 1.17|The objects ofthe charity are:-|||||
|charity as set out in its
governing
document|||||||||To advance the education
ofthe public
history and carriage driving
in particular|in horse drawn carriages,
but not exclusively
by:|||their|
||||||||||a)
Compiling,
maintaining
and publishing
an online database|||||
||||||||||containing
a detailed
list ofhistoric horse drawn carriages that||are in|||
||||||||||accessible public and private collections|throughout
the UK;||||
||||||||||b)
Organising
study days and tours and offering collections and|||||
||||||||||conservation
advice; and|||||
||||||||||c
Publishin
articles, books and booklets on horse drawn
carria es.|||||
|Summary|of|the main|||activities|||Para 1.17|—the events programme
is publicly available to all|||||
|in relation to those purposes
for
the public benefit,
in particular,
the activities,
projects or||||||||and 1.19|- educational
outreach
work is carried out through
Study l3ays
tours||and|||
|services identified
accounts.|||in|the|||||—volunteers
are encouraged
to be actively involved
in projects|||||
|Statement|confirming||||whether|||Para 1.18|The Trustees confirm that they have referred to the Charity|||||
|the trustees||have|had||regard||to||Commission's
general guidance
on public benefit
in reviewing||the|||
|the guidance
issued
Charity Commission||||by the
on public|||||Charity*s aims and objectives and have
contents.|taken due regard of its||||
|benefit||||||||||||||
|dditional|information|||||(optional)||||||||
|ou may choose|||to|include|||further statements||where relevant
about|||||
|||||||||SORP reference||||||
|Policy on|grant making|||||||Para 1.38||||||
|Policy on|social investment|||||||||||||
|including
investment|program||related|||||Para 1.38||||||
|Contribution||made|by||volunteers|||Para 1.38|Volunteers
have been assisting
in the cataloguing
ofcarriages for
the database
www. carria
efoundation. or .uk. This has resulted
in a
substantial
amount ofinformation
being ready to go into the public|||||
||||||||||domain.|||||
||||||||||One volunteer
has been helping to write The Carriage Foundation's|||||
||||||||||first publication
'An A to Z ofCarriages'|and another volunteer||has||
||||||||||taken on a research project, compiling|a complete
list ofnationwide||||
||||||||||coach builders.|||||
||||||||||Volunteers
have also attended
events|at the beginning
ofthe||||
||||||||||financial year (subject to Covid-19 restrictions)
and assisted with||||the|
||||||||||Charity's
promotional
stand increasing|awareness
and promoting||||
||||||||||membershi
.|||||
|Oth||||||||SORP reference||||||
##
|Achievements|Achievements|Achievements|Achievements|and Performance|and Performance|and Performance|and Performance|||
|---|---|---|---|---|---|---|---|---|---|
|Summary
ofthe main
achievements
ofthe charity,||||||Para|1.20|Over the past 12months The Carriage
Foundation
has organised
talks and discussions
via Zoom. The study tours and study day were||
|identifying|the difference||||the|||curtailed
during the Covid-19 pandemic. Those due to take place||
|charity's|work||has made to the|||||have been rescheduled
to next year and are fully booked.||
|circumstances
of its
beneficiaries
and any
benefits to society as||||wider
a whole.||||The charity's Trustees have also worked closely with museums
and
other organisations
to assist with documentation
and public
enquiries.
Museums
now send enquiries
directly to us to respond to||
|||||||||and we have been working
with museums
not just in the UK but||
|||||||||worldwide.
Museum
staff continue to expand their knowledge
of||
|||||||||horse-drawn
carriages
within the collections
under their care. The||
|||||||||Carriage
Foundation
has assisted
in the process ofenhancing
the||
|||||||||collection at Arlington
Court with the addition ofthree carriages
from||
|||||||||other museums
and has been advising
on interpretation.||
|||||||||Despite the impact ofCovid-19 and the cancellation
ofevents,||
|||||||||where the Carriage Foundation
would normally
have had a||
|||||||||promotional
stand, subsciiptions
have increased
slightly on the||
|||||||||previous year, particularly
from our international
followers. This has||
|||||||||been achieved
through
the Carriages of Britain website and the||
|||||||||dedicated
Facebook page||
|||||||||htt
s://www
facebook. com/thecarria
efoundation/
as well as||
|||||||||networking
with people from other countries
who are taking an||
|||||||||active interest
in the work ofthe Charity and helping to achieve its||
|||||||||educational
outreach
aims.||
|||||||||The Carriage Foundation
has published
its first book 'The A to Z of||
|||||||||Carriages'.
Response has been excellent with copies being posted||
|||||||||across the globe and placed
in major libraries,
including
the world-||
|||||||||renowned
Hermitage,
Imperial Carriage Museum
Vienna, the||
|||||||||National
Library of Ireland and the Carriage Association
ofAmerica.||
|||||||||It is proving to be an easy to use reference book for anyone||
|||||||||interested
in ex andin
their knowled
e ofhorse-drawn
carrie es.||
|Additional||information|||(optional)|||||
|You may|choose to include further statements|||||||where relevant
about:||
|Achievements|||against|objectives»r&|||1 41|The four key objectives identified
for progression
in 2020/21 have
been developed as follows:-||
|set||||||||||
|||||||||1 Collections and archives: toset up a resource room/safe
storage||
|||||||||facility||
|||||||||Discussions
are ongoing
with the Museum
ofthe Horse, Tuxford,||
|||||||||regarding
the possibility
ofsetting
up a dedicated
resource room||
|||||||||2. Fundraising:
to establish a Fundraising
and Development
Sub-||
|||||||||Committee||
|||||||||It is anticipated
that this will become active during 2021/22.||
|||||||||3. Communications:
to optimise the website potential andincrease||
|||||||||on-line networking
opportunities||
|||||||||This is ofheightened
importance
given the impact ofthe global||
|||||||||pandemic.||
|||||||||4. ~pr
ect
oto ideantify primary
archive materiai||
|||||||||The Charity has been loaned an original
Mail Coach ofhistorical||
|||||||||importance||
|||||||||In addition, a new Trustee was appointed
w.e.f. 1"January 2021 to||
|||||||||strengthen
the editorial capacity ofthe Board as well as the data||
|||||||||management
and administration
ofthe charity to ensure operational||
|||||||||continui||
|||||||||An increase
in the number ofinternational
members
over the||
|Performance|||offundraising|||Para|1.41|reporting
period.||
|activities|against objectives set|||||||The number ofFacebook regular 'followers'
has also increased
from||
|||||||||1,164to 1,226 during the year.||
|||||||||Some donations
have been received during the year but a targeted||
|||||||||grant application
process for specific projects will be developed
and||
|||||||||activated once the Fundraising
and Development
Sub-Committee|is|
|||||||||in
lace.||
##
|Review of the charity's|Review of the charity's|Review of the charity's|financial|financial|financial|Para 1.21|The Charity has|continued
to operate|continued
to operate|continued
to operate|continued
to operate|continued
to operate|on a breakeven|on a breakeven|on a breakeven|on a breakeven||basis.|basis.|basis.|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|osition at the end|of||the|eriod|||||||||||||||||
|Statement
explaining|||the|policy||Para 1.22|The Charity considers
it|||prudent|to|retain sufficient||||reserves|||||
|for holding
reserves||stating|||why||to cover its annual
operational
costs. A|||||||Reserve Fund||||of|||
|the
are held|||||||E2,500 is therefore
held|||in a CCLA||COIF De|||osit Fund.||||||
|Amount ofreserves||held||||Para 1.22|F2,500||||||||||||||
|Reasons for holding||zero||||Para 1.22|N/A||||||||||||||
|reserves|||||||||||||||||||||
|Details offund materially||||in||Para 1.24|N/A||||||||||||||
|deficit|||||||||||||||||||||
|Explanation
ofany|uncertainties|||||Para 1.23|Trustees are aware that|||there is|a reliance on||||income from||||||
|about tge charity continuing|||||as a||the subscription|base and is therefore|||||seeking||to raise||||||
|going concern
4|||||||specific funding
from charitable
trusts||||||to enable new||||projects||||
||||||||to be develo
ed.||||||||||||||
|Additional
information||||(optional)|||||||||||||||||
|You ma
choose to||include|||further statements||where relevant
about||||||||||||||
|The charity's
principal sources
offunds
(including
any||||||Para 1.47|Principal sources of funding
are subscriptions,
Day fees, donations
and grants.||||||||Gift|Aid,|||Study||
|fundraisin|||||||||||||||||||||
|Investment
policy and objectives
including
any social investment||||||Para 1.46|||||||||||||||
|olic
ado ted|||||||||||||||||||||
|A description
ofthe principal
risks facing the charity||||||Para 1.46|A risk analysis
matrix is reviewed
and assesses the following
risks:||||at each Trustees'|||||Meeting|||||
||||||||Financial (cash|flow and||working|capital);||||||||||
||||||||Operational
(business||continuity,||loss|||or prolonged||absence|||||
||||||||ofkey personnel);||||||||||||||
||||||||Strategic/governance||(succession|||planning;|||ongoing||||||
||||||||compliance
with|Charity||Commission|||regulations/charity|||||||law);|
||||||||Reputationai
(risk of being associated|||||||with unsuitable|||||or||
||||||||failed projects)||||||||||||||
||||||||Res onse to COYID-19||||||||||||||
||||||||As a result ofthe|current||pandemic||and||in response|||to||||
||||||||Government
guidelines,||the Trustees||||have moved|||to|remote||||
||||||||working
with meetings
taking place|||||via||electronic means||||||in|
||||||||accordance
with|the Charity's
governing||||||document.|||The||||
||||||||Trustees
remain|ofthe opinion that||||the||charity|will continue as||||||
||||||||a going concern|for the|next 12 months|||||on a break-even|||||||
||||||||basis.||||||||||||||
|Other|||||||||||||||||||||
|Structure,
Governance||||||and Nlana|ement||||||||||||||
|Descri
tion ofcharit|||'s|trusts|||||||||||||||||
|Type of governing||document||||Para 1.25|Constitution||||||||||||||
|itrust deed, royal|cha&er}||||||||||||||||||||
|How is the charity||||||Para 1.25|CIO||||||||||||||
|constituted?|||||||||||||||||||||
|(e.g uriincof poi atecl|||||||||||||||||||||
|association.
CIO)|||||||||||||||||||||
##
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|~|I|||~|~|~|~|~ ~|~
~|~|~|e|e||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted||||Endowment|
||Categories||||Details||||funds||funds|||funds|
||||||||||to nearest 8|to|nearest||F|to nearest b|
|81Cash|funds||||||||||||||
||||||||Total cash funds||5,894||||||
||||||(agraa|balances|with|receipts and payments|||||||
|||||||||account(s))|||||||
||||||||||Unrestricted|Restricted||||Endowment|
||||||||||funds||funds|||funds|
||||||Details||||to nearest
K|to|nearest||K|to nearest f|
|82 Other|monetary assets||||||||||||||
||||||Details||||Fund to which
asset belon s|Cost (optional)||||Current value
o tional|
|83Investment||assets|||||||||||||
||||||Details||||Fund to which
asset belon s|Cost (optional)||||Current value
o tional|
|84Assets retained for|||the||||||||||||
|charity's|own|use|||||||||||||
||||||||||Fund to which|Amount||due||When due|
||||||Details||||liabili
relates||o tional|||o tional|
|85Liabilities|||||||||||||||
|Signed by one or two trustees
behalf of all the trustees|||on|||Signature|||Print|Name||||Date of
a
royal|
||||||||eku-~~||5tn gQ rd|i+5~0~|||||
||||||||||QMRMM~Ms4||||cK||