2023-07-31-accounts - The Carriage Foundation

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												For the period		Pe "&r	-':-:-'. d''-'-
													from	1.8.22			31.7.23
			'
					-	-
~								~			s	~
												Unrestricted funds		Restricted funds		Endowment funds	Total	funds	Last year
											to the nearest 6			to the	nearest F	to the nearest 6	to the nearest 6		to the nearest 6
A1 Recei		ts
Study Tours													3,780					3,780	2,704
Study Days													2,319					2,319	3,582
Subscriptions													1,476					1,476	1,548
Grants and	donations												1,535						685
HMRC Gift Aid
Publications													254					254	196
Promotions
Other													75					75	607
u	tota			ross		income				or
										AR)			9,439					9,439	9,323
A2 Asset		and		investment				sales,
see table		.
								u	tota
					Total			receipts					9,439					9,439	9,323
A3 Pa ments
Study Tours													3,547					3,547	2,762
Study Days													2,887					2,887	2,817
Fees													474						1,202
Publications													1,780					1,780	2,109
Carriages ofBritain
Project Curator													641					641	1,084
Other
							Sub		total				9,330					9,330	9,975
A4 Asset		and		investment
							Sub		total
				Total		payments							9,330					9,330	9,975
Net ofreceiptsl(payments)													110					1'IO
A5 Transfers				between			funds
A6 Cash	funds last year							end					5,242					5,242	5,894
Cash funds					this		year			end			5,352					5,352	5,242

~ e				~	~	i	~	~ ~	~	~ ~
								Unrestricted	Restricted			Endowment
								funds		funds		funds
								to nearest K	to	nearest	R	to nearest	K
81 Cash funds								5,352
					Total		cash funds	5,352
			{agree	balances	with	receipts and payments
							account(s))
								Unrestricted	Restricted			Endowment
								funds		funds		funds
			Details					to nearest E	to	nearest	K	to nearest	6
82 Other monetary assets
								Fund to which asset belon s	Cost (optional)			Current value o tional
83 Investment	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
85 Liabilities
Signed by one or two trustees behalf of all the trustees		on		Signature				Print Name				Date of a roval
									'tv' m&			4, -U-'&3
									Qw 46RKo~~			g. l2. 2.~

								SORP
								reference
Summary	of	the purposes				of	the	Para 1.17	The objects ofthe charity are:-
charity as governing	set out in its document								To advance the education ofthe public in horse drawn carriages, their history and carriage driving in particular but not exclusively by:
									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 ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or								Para 1.17 and 1.19	- the events programme is publicly available to al! — educational outreach work is carried out through Study Days tours		and
services identified			in	the					- volunteers are encouraged to be actively involved in projects
accounts.
Statement	confirming				whether			Para 1.18	The Trustees confirm that they have referred to the Charity
the trustees have had regard to the guidance issued by the Charity Commission on public									Commission's general guidance on public benefit in reviewing Charity's aims and objectives and have taken due regard of its contents.		the
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	program '		related					Para 1.38
investment
									Volunteers continue to assist with the cataloguing ofcarriages for
Contribution		made	by		volunteers				the database www. carria efoundation. or .uk. This has resulted in a substantial amount of information being made available in the public
									domain.
									One volunteer has brought together a small team ofpeople	to
									further develop the list ofcoach builders and associated trades.
									Another volunteer is co-ordinating a new initiative to contact
									nationwide auction houses, offering an advisory service on	carriage
									related matters.
									Volunteers have also attended events during the year and	assisted
									with the Charity's promotional stand increasing awareness	end
									romotin membershi .
Oh								SORP reference

Achievements and Perf	Achievements and Perf	Achievements and Perf	Achievements and Perf	Achievements and Perf	ormance
Summary ofthe main achievements ofthe 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	Over the past 12months The Carriage Foundation has organised a Study Tour to France to view traditional vehicles as well as several Study Days including visits to the Maidstone Carriage Museum and Leicestershire County Museum stores .The monthly talks and discussions via Zoom have continued throughout the year and have helped build up contacts as well as raising the profile ofThe Carriage Foundation.
						The charity's Trustees have continued to work 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 closely with museum staff not
						just in the UK but worldwide. Museum staff continue to expand their
						knowledge ofhorse-drawn carriages within the collections under
						their care.
						Subscriptions to The Carriage Foundation remain steady. This has
						been achieved through the website and the dedicated Facebook
						page htt s:Iiwww. facebook. com/thecarria efoundationi 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.
						Demand for The Carriage Foundation's first major publication 'The	A
						to Z ofCarriages' continues and has been well received. Plans are
						now set in place to publish a series ofbooklets in addition to the charit 's biannual ublication The Whiffle Tree.
Additional		information		(optional)
You may	choose to include further statements					where relevant about:
Achievements			against objectives		Para 1.41	The four key objectives identified for progression in 2022I23 have been developed as follows:-
set
						1 Collections and archives: toset up a resource room/safe storage
						facility
						The Carriage Foundation continues to explore setting up a room
						and establishing a National'Archive.
						2. Fundraising: to establish a Fundraising and Development Sub-
						Committee
						It is anticipated that this will become active during 2023/24.
						3. Communications: to optimise the website potential andincrease
						on-line networking opportuni ties
						The monthly Zoom sessions will continue throughout the year
						rather than just be during the Winter months. Social media sites
						are being updated more regularly.
						4. ~pro'e t to icdeentify primary archive matenat
						The Carriage Foundation is working towards establishing a
						National Archive ofmaterial.
						There has been an increase in the number of international members
Performance of fundraising activities against objectives set					Para 1.41	over the reporting period as well as the number ofFacebook regular 'followers'.
						Some donations have been received during the year but a targeted
						grant application process for specific projects is being developed	by
						the Project Curator and will be implemented once the Fundraising
						and Development Sub-Committee is in place.
Investment a ainst ob		performance ectives			Para 1.41
Other

jnarlcial Review ~ ~
Review ofthe charity's financial				Para 1.21	The Charity has continued to operate on a breakeven		basis.
osition at the end ofthe		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 the charity continuing			as a		the subscription base and is therefore seeking to raise
going concern					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 offunding are subscriptions, Gift Day fees, donations and grants.	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 at each Trustees' and assesses the following risks:	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);
					Reputational (risk of being associated with unsuitable			or
					failed projects)
					The Trustees continue to hold their meetings on a	hybrid
					basis to enable participation both in person and 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 Mana	ement
Descri tion of charit 's	trusts
Type of governing document				Para 1.25	Constitution
(trust deed, ro al charter
How is the charity				Para 1.25	CIO
constituted?
(e.g unincorporated
association. CiO)
Trustee selection methods				Para 1.25	Apart from the first charity trustees, every trustee must be		appointed
including details ofany constitutional provisions e.g.					for a term (to be fixed by the trustees) by a resolution passed properly convened meeting ofthe charity trustees.			at a
election to post or name of any person or body entitled to appoint one or more trustees					In the appointment ofnew trustees, a potential nominee is invited to attend at least two meetings oftrustees as an 'Observer'. This initiates a two-wa rocess enablin both the Observer and existin

Additional information (optional)	Additional information (optional)
You ma choose to include further statements		where relevant	about:
Policies and procedures adopted for the induction and	Para 1.51
training oftrustees
The charity's organisaiional
structure and any wider network with which the charity works	Para 1.51
Relationship with any related
parties	P151