## **Trustees’ Annual Report for the period**
**From 1[st] April 2022 to 31[st] March 2023**
## **Charity name: Martham Boat Dyke Trust**
## **Charity registration number: 1163351**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Promotion of general charitable purposes
for the benefit of the people and
organisations associated with Martham, in
the county of Norfolk.|
|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||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Trustees have had regard to the guidance
issued to them by the Charity Commission
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|Grant were made available to individuals
and organisations A change to the
objectives to include ‘people associated
with Martham’ means benefits can be
offered to a wider range of people and
organisations.|
|Policy on social investment
including program related
investment|Para 1.38|The Trust has invested 12.69% of the
income in the environmental maintenance
for the benefit of parishioners, boat owners
and the public.|
|Contribution made by
volunteers|Para 1.38|The contribution made by our volunteer has
been the management of the river frontage
and the boat moorings.|
|Other||The Trust has instituted a new annual
award to assist people going onto
further/higher education or onto training.
Initially these awards will be of £500 with
selection at the beginning of each
September.|
## **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|The Trust has made grants of 65.74% of
income covering social welfare, community
groups and education. An increase of
9.38% from the previous year.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|The Martham Boat Dyke Trust has
increased its grant making footprint within
the Parish and beyond with a new website,
notices, and published material.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|Links with schools, churches and other
agencies have continued.|
|Investment performance
against objectives|Para 1.41|Continuing maintenance of the Staithe
means that parishioners and schools can
benefit from the improved facilities.|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held to cover future
anticipated large maintenance costs and
provide for reserves in the event of a large
grant being authorised.|
|Amount of reserves held|Para 1.22|£15,000|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **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|Rental from boat moorings|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Dividend from invested reserves|
A description of the principal Para 1.46 risks facing the charity 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|CIO|
|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|In selecting individuals for appointment, the
trustees must have regard to the skills,
knowledge and experience needed for the
effective administration of the CIO. Every
trustee should be selected at a meeting
held according to the ordinary practices of
the Trust but must be appointed for a four
year period by Martham Boat Dyke Trust
trustees.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Martham Boat Dyke Trust|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1163351|
|Charity’s principal address|2 Marten Close
Staithe Road
Martham
Great Yarmouth
Norfolk
NR29 4FG|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**|
|---|---|---|---|---|
||Chris Locke|Chair|||
||Ian Bradford|Vice Chair|||
||Gil Parsley|Signatory|||
||Mike Deakin|Signatory|02/02/2023||
||Paul Hooper|Web Master|||
||Lesley Headland||||
||David Church||||
– 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 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**
## **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)** Chris Locke Karen Scott **Position (eg Secretary,** Chair Clerk to the Trust **Chair, etc) Date**
## Martham Boat Dyke Trust Profit And Loss Account For the year ended 31 March 2023
|Income
Dividends
Donations
Mooring Fees
Expenses
Accountants
Administration Costs
Fluctuation in Black Rock Invest
General repairs/Equipment
Grant Awarded
Grounds maintenance
Insurance
Sundry Costs
Trustees Expenses
Write offs
Net (loss)/profit|587
100
12,686
(35)
(1,290)
(2,425)
(77)
(8,791)
(1,620)
(936)
(87)
(17)
-|2023
2022
£
£
587
1,347
11,928
13,373
13,862
(30)
(1,413)
(1,413)
(633)
(7,537)
(600)
(792)
(176)
-
(8)
(15,278)
(12,602)
(1,905)
1,260|
|---|---|---|
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