## 2022 AGM CHAIRMAN’S REPORT. THIS REPORT IS FOR THE YEAR ENDING OCTOBER 2022 including the 2021 AFTER THE AGM OF 2020 THE WHOLE COUNTRY WENT INTO LOCKDOWN BECAUSE OF THE “COVID - 19” PANDEMIC THIS AFFECTED EVERYTHING IN OUR NORMAL LIVES, PHYSICALLY AND MENTALLY AND BROUGHT THE COUNTRY ALMOST TO A STANDSTILL. REGARDING THE TRUST, IT STOPPED MEETINGS AND MOST OF OUR WORK AND THEREFORE OUR EARNING CAPACITY WITH REGARD TO OUR NORMAL FUNDRAISING, AND MONEY BECAME VERY SHORT FROM THE GRANT MAKING BODIES. BUT WE WERE VERY THANKFUL, AS ALWAYS, TO THE PARISH COUNCIL FOR THEIR ANNUAL CONTRIBUTION TO THE TRUST WHICH HELPS TO PAY OUR INSURANCE. UNFORTUNATELY NO MEETINGS COULD TAKE PLACE BECAUSE OF GOVERNMENT REGULATIONS AND ONLY EMERGENCY AND URGENT OUTDOOR WORK COULD LEGALLY BE DONE. ie THE ANNUAL FLAYLING AND SPRAYING. HOWEVER GATES AND SOME TRACK REPAIRS WERE DONE BY IMERYS, THE TRACK BEING IN THEIR OWNERSHIP, AND ON THEIR SIDE. A SLIPPAGE / LANDSLIDE HAPPENED AND WAS SURVEYED BY TRUST MEMBERS ALONG WITH IMERYS PERSONNEL AS AN EMERGENCY. THIS IS STILL AN ONGOING MATTER TO BE RESOLVED. POSSIBLY WITH THE RE-DIRECTION OF A SECTION OF TRACK. TREES OVERHANGING BUILDINGS AND THOSE THAT COULD DO DAMAGE HAVE BEEN CUT DOWN AND LEFT IN A SAFE MANNER FOR ECOLOGICAL REASONS. DUE TO DAMAGE AROUND ONE OF THE WHEELS, THIS SECTION OF FENCE HAD TO BE REPAIRED WITH NEW SECTIONS INSTALLED AGAIN FOR SAFETY. THE NEIGHBOURING FARMER, FED UP WITH MOTOR CYCLES COMING INTO THE VALLEY AND ACCESSING HIS LAND HAS ERECTED FENCING. WE HAVE CONSTANTLY BEEN BUYING SIGNS AND ERECTING THEM FOR SAFETY REASONS AND UNFORTUNATELY THESE ARE OFTEN VANDALISED AND DESTROYED AND DISSAPPOINTINGLY ALONG WITH THE DESTRUCTION OF PART OF A CHIMNEY. THE POLICE HAVE BEEN INFORMED AND MANY REPORTS MADE IN THE NEWSPAPERS ETC. BUT IT’S AN ONGOING PROBLEM THE TRUST ARE CONSTANTLY MONITORING AND SURVEYING THE VALLEY TO TRY AND KEEP UP WITH ANY WORKS THAT NEED DOING, ESPECIALLY ON THE SAFETY FRONT AND THE DAMAGE THAT IS BEING CAUSED. WE HAVE RECEIVED FUNDING FOR SEATS, WHICH ARE SUPPOSED TO BE INDESTRUCTABLE, TO PLACE AT INTERVALS IN THE VALLEY AND ARE WAITING DELIVERY. HOWEVER WE WERE LUCKY ENOUGH TO HAVE A SOCIAL EVENING IN NOVEMBER LAST YEAR WHERE THE MEMBERS OF THE TRUST INVITED THE COMMUNITY TO JOIN THEM FOR MINCE PIES AND A CUP OF TEA ETC AND TO BE GIVEN AN EXCELLENT TALK ABOUT THE VALLEY WITH SLIDES WHICH WAS PRESENTED BY TWO TRUST MEMBERS, MARIE AND ANDY, WHICH WAS THOROUGHLY ENJOYED WITH SOME COMMUNITY PARTICIPATION. I WOULD LIKE TO THANK ALL THE COMMITTEE FOR THEIR SUPPORT TO ME IN MY POSITION AS CHAIRMAN. ALSO TO SAY A HUGE THANKYOU TO THE OFFICERS FOR THEIR STEADFASTNESS IN PLOUGHING ON WITH WHAT WAS ACHIEVABLE THROUGH THE PANDEMIC AND. KEEPING US ALL INFORMED. WE HOPE THAT THIS COMING YEAR WILL SEE THE COMPLETE LIFTING OF ALL COVID REGULATIONS TO ENABLE US TO GET BACK TO SOME SORT OF NORMALITY FOR US ALL. SUSAN MORCOM CHAIR. THE TREGARGUS TRUST CIO CHARITY REGISTRATION NUMBER: 1165277 FINANCIAL STATEMENTS: BALANCE SHEET PROFIT AND LOSS ACCOUNT AND NOTES TO THE ACCOUNTS FOR THE PERIOD NOVEMBER 1[ST] 2020 TO OCTOBER 31[ST] 2021 PREPARED BY:ROWEDOWRICK ASSOCIATES 7 TRENOWAH ROAD BETHEL ST AUSTELL PL25 3EB TEL:- 01726 70700 ## THE TREGARGUS TRUST CIO ## CHARITY INFORMATION FOR THE PERIOD ENDED OCTOBER 31[ST] 2021 Chairman: Mrs S Morcom Treasurer: Mrs M Allen Secretary: Mr K Wonnacott MBE Registered Address: 68 Terras Road St Stephen St Austell PL26 7RX Charity Registration Number: 1165277 ## THE TREGARGUS TRUST CIO ## **Accounting records** The trustees of a CIO are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the organisation as at the balance sheet date and of its income and expenditure for the year then ended. In preparing those financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently - make judgements and estimates that are reasonable and prudent The trustees are responsible for keeping proper books of account such as are necessary to give a true and fair view of the organisation’s state of affairs and to explain its financial transactions. The trustees must also establish and maintain a satisfactory system of control of its books of account, its cash holdings and all its receipts and remittances, and hence is responsible for safeguarding the assets and taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Objects** To advance the education of the public by the preservation and maintenance of the historic, domestic and industrial building sites and artefacts situated in the Tregargus Valley, Cornwall. ## **Power** The CIO has the power to do anything which is calculated to further its objects or is conducive or incidental to doing so. - Borrow money and to charge the whole or any part of its property as security for the repayment of the money borrowed. - Buy, take on lease or in exchange, hire or otherwise acquire any property and to maintain and equip it for use. - Sell, lease or otherwise dispose of all or any part of the property belonging to the CIO. - Employ and remunerate such staff as are necessary for carrying out the work of the CIO. - Deposit or invest funds, employ a professional fund manager, arrange for the investments or other property of the CIO to be held in the name of a nominee. ## **Application of Income and Property** The income and property of the CIO must be applied solely towards the promotion of the objects. None of the income or property of the CIO may be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to any member of the CIO. ## THE TREGARGUS TRUST CIO ## PROFIT AND LOSS ACCOUNT FOR THE YEAR 1 NOVEMBER 2020 TO 31 OCTOBER 2021 |























|INCOME
St Stephen Parish Council Grant
Cornwall Council

RPA - Funding

Donations
November Social

Guided walks

CAS

BBQ

Co-op Community Fund

Harvest Festival

LESS: EXPENSES
Contract work

Legal & Professional
Equipment
Roseland Lodge
Insurance
Printing Stationery & Postage
Sundries/Bar B Que

Repayment of grant not used
Harvest Auction Pasties
NET PROFIT/LOSS FOR PERIOD
OTHER INCOME
Bank Interest COIF Account
HMRC Gift Aid

|**2021**

1000

---

1195

275

----

60

----

----

1271

---- 3801

588

360

---

---

313

75

---

---

---(1336)
2465

1

50

51
|**2020**
12000
150
4195
210
61
----
250
----
602
----
3930
360
---
---
313
65
20
---
---

56
327
383|17468
(4688)
12780| |---|---|---|---|---| ## ACCOUNTANT’S REPORT In accordance with instructions given to me, I have produced, without audit, the above Profit and Loss Account and Notes to the Account from the accounting records of The Tregargus Trust CIO, together with information and explanations supplied to me. I certify that, to the best of my knowledge and belief, said Profit and Loss Account and Notes are in accordance therewith. DATED THIS DAY OF 2021 Ms C O Dowrick MAAT........................................................................................ THE TREGARGUS TRUST CIO ## BALANCE SHEET AT OCTOBER 31[ST] 2021 |**Assets:**
Barclays Community Account 10387754
Barclays Community Account 63092798
COIF Deposit Fund 013290001C
TOTAL ASSETS|1
38144
8
|2021
38153| |---|---|---| We have examined and approved the attached Profit and Loss Account, Balance Sheet and Bank Reconciliation. DATED THIS DAY OF 2022 Mrs S Morcom (Chairman) ………………………………………………………………….. Mrs M Allen (Treasurer) ……………………………………………………………………