Trustees’ Annual Report for the period
From 1[st] April 2024 to 31[st] March 2025
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 | Grants were made available to individuals and organisations and 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 11.13% 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 37.69% of income covering social welfare, community groups and education. A decrease of 18.88% 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 | |||
| 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 2025
| Income Bank Interest Dividends Donations Fraudulent Adjustment Monthly Mooring Fee Payment Mooring Fees Expenses Accountants Administration Costs Fluctuation in Black Rock Invest Fraudulent Activity General repairs/Equipment Grant Awarded Grounds maintenance Hall Hire Insurance Monthly Account Fee Postage & Stationery Sundry Costs Trustee Training Trustees Expenses Write offs Net profit |
268 525 192 50 6 14,498 (35) (1,233) (318) (50) (289) (5,858) (1,440) (75) (981) (60) (48) - (60) (29) - |
2025 2024 £ £ 86 587 - - - 13,532 15,539 14,205 (35) (1,436) (217) - (42) (7,396) (1,440) - (981) (45) (68) (30) (100) (29) (66) (10,475) (11,884) 5,064 2,322 |
|---|---|---|
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