Chairs Report - St Dennis & Nanpean Community Trust AGM 2025
As we approach the tenth anniversary of the St Dennis and Nanpean Community Trust, I am proud to reflect on our continued commitment to supporting our local communities. Since our formation as a Community Charitable Incorporated Organisation, we have consistently submitted annual reports to the Charity Commission, maintaining transparency and accountability in all our activities.
While we currently have vacancies for resident trustees representing Nanpean, we remain proactive in promoting these opportunities on social media and through local networks, and we are hopeful that more community members will come forward to support the Trust’s mission.
In 2024, we received 16 grant applications and were pleased to support 12 of these, awarding a total of £134,260.30 in funding. The projects we supported this year reflect the diversity and vibrancy of our communities. They include:
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A contribution towards the refurbishment of public toilets in Nanpean;
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iPads for both St Dennis Academy and Nanpean CP School;
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Mobile speed indication devices for St Dennis;
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Mowers for Treviscoe Playing Field Association and St Dennis AFC.
These initiatives continue to demonstrate the Trust’s impact on improving community facilities, safety, education, and recreation.
To date, the Trust has approved 95 projects , distributing nearly £1.6 million in grant aid to benefit our area. We remain committed to encouraging applications from local community groups and are always looking for new ways to promote the availability of funding to those who can make a difference.
Our administrator and treasurer, Sharon Davey , continues to support the Trust on a self-employed basis, ensuring our operations run smoothly. Sharon also provides us with up-to-date financial insights and reporting, helping to maintain the Trust’s strong financial governance.
In closing, I would like to extend my sincere thanks to everyone who contributes to the work of the Trust – especially our trustees, past and present, for their dedication, time, and unwavering commitment to the communities we serve.
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Treasurers Report - St Dennis and Nanpean Community Trust
Many thanks to James Bendrey Accountants for auditing the Trust accounts for the period 1[st] January 2024 to 31st December 2024.
Income
Our total income for the period 1[st] January 2024 to 31[st] December 2024 was £236,453.11. This can be broken down to £136,403.11 funding, £50 credit from HSBC Bank, and £100,000 transfer from HSBC to Unity Bank.
Expenditure
Our total expenditure for the period 1st January 2024 to 31st December 2024 was £228,010.30 in grants, Trust costs of £3,137.01 and the £100,000 transfer from HSBC to Unity Bank. As of 31st December 2024, the accounts show a carried forward balance of £314,213.24. This sum is held across two separate bank accounts as a measure to safeguard the Community Trust’s funds. It is important to note that, within this balance, a grant totalling £130,000 had been approved but not yet released by year-end.
It is encouraging to see an increasing number of applications from a diverse range of community groups, reflecting strong engagement across our area of benefit.
In summary, I am pleased to report a successful year for the Trust. Our sound financial position has enabled us to award grants to many deserving organisations, positively impacting communities throughout the region.
Sharon Davey Treasurer