## **Trustees’ Annual Report for the period**
**From 11/08/2020 Period start date To 31/03/2021 Period end date**
## **Charity name: Rossendale Valley Heritage**
## **Charity registration number: 1164935**
## **Objectives and Activities**
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SORP reference
Summary of the purposes Para 1.17 Building Preservation Trust
of the charity as set out
in its governing
document
Summary of the main Para 1.17 and 1.19 Working with local groups to secure funding for heritage assets that are in a state of disrepair to bring them back into a useable
activities in relation to condition
those purposes for the
public benefit, in
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 Confirmed
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
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Other
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## **Achievements and Performance**
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SORP reference
Valley Heritage have been working on securing funding for the
building they have purchased, during this time they have had an
employee project officer who has worked on gaining an agreement
with an owner of some vintage shoes and historic shoe
paraphernalia with the aim of restoring and displaying them for
Summary of the main the public.
Para 1.20
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.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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## **Financial Review**
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Review of the charity’s Para 1.21 Valley Heritage is in a solid financial position to proceed into the next year without cause for concern
financial position at the
end of the period
Statement explaining the Para 1.22 The policy goal on reserves is to have £10k available
policy for holding
reserves stating why they
are held
Amount of reserves held Para 1.22 £18152
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Trust Deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Discussions with a final majority vote between existing trustees
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
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details**
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Charity name Rossendale Valley Heritage
Other name the charity
uses
Registered charity 1664935
number
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Charity’s principal 21 Market Street
address Bacup
OL13 8EX
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## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Stephen Chairperson
1
Anderson
2 Rachael Gildert Secretary
Heather Treasurer
3
Cudworth
4 Ian Taylor Trustee
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for whole
year
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**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** R. Gildert **Signature(s)** H.Cudworth Rachael Gildert **Full name(s)** Heather Cudworth **Position (eg** Treasurer Secretary **Secretary, Chair, etc)**
**Date** 02/07/2021
## **Balance Sheet Rossendale Valley Heritage As at 31 March 2021**
|**Fixed Assets**
**Tangible Assets**
**Land and Building**
**Office Equipment WDV**
**Total Tangible Assets**
**Total Fixed Assets**
**Current Assets**
**Cash at bank and in hand**
**Total Current Assets**
**Creditors: amounts falling due within one year**
**Creditors**
**Total Creditors: amounts falling due within one year**
**Net Current Assets (Liabilities)**
**Total Assets less Current Liabilities**
**Creditors: amounts falling due after more than one year**
**Loan**
**Total Creditors: amounts falling due after more than one year**
**Net Assets**
**Capital and Reserves**
**Restricted Funds**
**Unrestricted Funds**
**Total Capital and Reserves**|**192888**
**212**
**193100**
**193100**
**104923**
**104923**
**4760**
**4760**
**100163**
**293263**
**194985**
**194985**
**98278**
**80125**
**18152**
**98278**
**31 Mar 2021**|
|---|---|
Valley Heritage – Charitable Incorporated Organisation **CE005911**
## **Independent Examination**
I report on the accounts for the period ended 31st March 2021
## **Responsibilities and basis of the Report**
The Trustees of the Charitable Incorporated Organisation are responsible for the preparation of the Accounts in accordance with the requirements of law.
I have satisfied myself that the accounts of the Company are not required to be audited and are eligible for independent examination. I report in respect of my examination of the accounts as carried out in accordance with the Charities Act and directions and guidance given by the Charity Commission.
## **Statement of Independent Examiner.**
The Charitable Incorporated organisations income falls below the £250,000 threshold, I have completed my examination and confirm that no matters have come to my attention that give me cause to believe that
The accounts do not present a true and fair view of the Charitable Incorporated Organisation
That the accounts have not been prepared in accordance with recognised accounting principles.
Signature
Simon Dalley