## 2025 AGM CHAIRMAN’S REPORT. THIS REPORT IS FOR THE YEAR ENDING OCTOBER 2024 THIS YEAR AS EVERY YEAR FOR THE TRUST HAS BEEN A HARD SLOG, KEEPING FINANCES COMING IN TO COVER THE NORMAL ANNUAL WORK THAT THE TRUST DOES IN MAINTAINING FOOTPATHS ETC, BUT STILL TRYING TO ACCESS FUNDS TO PROGRESS ALL OF OUR WORK. AGAIN WE MUST THANK THE PARISH COUNCIL FOR THEIR SUPPORT IN GIVING US OUR ANNUAL GRANT. THIS ALWAYS HELPS TOWARDS OUR COSTS. WE HAVE HAD MEETINGS WITH MEMBERS OF IMERY’S AGAIN TO ASCERTAIN OUR POSITION REGARDING THE LEASE WHICH IS RUNNING LOW IN YEARS AS WE HAVE MENTIONED BEFORE. ALTHOUGH VOICES WERE POSITIVE NOTHING CONCRETE HAS COME FROM THESE MEETINGS. HOWEVER IMERYS DO SEEM AMIABLE REGARDING THE EXTENSION TO THE CAR PARK AREA. THIS IS STILL BEING WORKED ON. AS ALWAYS WE DO MANAGE TO KEEP THE DAY TO DAY WORKS DONE AND COVER THOSE COSTS. BUT AGAIN UNTIL WE HAVE ANY OTHER NEWS WE WOULD JUST MAINTAIN THE VALLEY THE BEST WE COULD. I WOULD POINT OUT TOO AT THIS STAGE, WE ARE VERY GRATEFUL TO ALL THOSE OF THE COMMUNITY WHO ALSO TAKE TIME TO COLLECT RUBBISH AND INFORM US OF ANYTHING OF CONCERNE. THIS IS A GREAT HELP TO THE TRUST AND IS GREATLY APPRECIATED. THE REDIRECTION OF THE PATH TO TAKE IT AWAY FROM THE SLIPPAGE AREA IN THE VALLEY IS STILL ON HOLD FOR THE TIME BEING. THE SLIPPAGE AREA IS BEING MONITORED. THE FUNDING ISSUE WILL BE DEALT WITH BY OUR TREASURER BUT JUST TO SAY THAT THE BINGO SESSIONS HAVE CONTRIBUTED WELL TO THE FUNDS, AS OUR USUAL HARVEST FESTIVAL ETC.ETC. THESE OCCASIONS NOT ONLY RAISES MONEY BUT A CHANCE FOR THE COMMUNITY TO MEET UP. THERE HAS BEEN SEVERAL GUIDED WALKS IN THE VALLEY ORGANISED BY OUR MEMBERS WHICH IS VERY ENCOURAGING IT BRINGS IN EXTRA FUNDS BUT ALSO CREATES AWARENESS ESPECIALLY WHEN YOU FIND THERE ARE STILL PEOPLE WHO ARE SURPRISED THAT WE HAVE SUCH A WONDERFUL ASSET. WE HAVE SOME GREAT NEWS.THE HAWKINS FAMILY WHO AGREED IN PRINCAPLE TO GIFT CHAPEL MILL TO THE TRUST, WE CAN NOW SAY WE ARE ON THE EDGE OF THE FINAL PAPERWORK TO OWN THE MILL AFTER SOME CONSIDERABLE YEARS. THIS IS EXCITING NEWS AND HAS BROUGHT THE TRUST TO CONTACTING RELIVANT HERITAGE PEOPLE TO START HEADING TOWARDS THE WORKS NEEDED THERE. I NOW FEEL THAT I MUST THANK ALL THE COMMITTEE FOR THEIR CONTINUED SUPPORT TO ME IN MY POSITION OF CHAIRMAN. I FEEL BLESSED TO HAVE MEMBERS OF THE TRUST WHO ARE COMMITTED TO OUR PRINCEPLES OF KEEPING OUR HERITAGE ALIVE. TO THIS END I MUST SAY THAT EVERYONE DOES THEIR LEVEL BEST IN DOING WHATEVER THEY CAN TO SUPPORT THE TRUST’S WORK AND I DON’T NORMALLY MENTION NAMES HOWEVER ON THIS OCCASION I FEEL, AS I’M SURE YOU ALL DO, THAT OUR TREASURER, MARIE ALLEN, HAS BEEN A HUGE ASSET. HER PROVISION OF ACCOUNTS ON A MONTHLY BASIS HAS BEEN EXCELLENT WHICH WE HAVE COME TO EXPECT AS THE STANDARDS OF OUR OFFICERS, BUT THE AMOUNT OF WORK SHE HAS DONE 2023 AND 2024 ON OUR GRANT APPLICATIONS, MEETING OFFICERS SOME AT SITE MEETINGS REGARDING SURIOUS FUNDING ETC. ETC. HAS BEEN OUTSTANDING. WE THANK YOU MARIE AND HOPE THAT IT WON’T BE TOO LONG BEFORE THE FRIUTS OF YOUR CONSIDERABLE TIME AND EFFORTS THAT YOU HAVE GIVEN TO THE TRUST WILL BE REWARDED. Susan Morcom Chairman. . THE TREGARGUSTRUST CIO CHARifi REGISTRATION NUMBER: 1165277 FINANCIAL STATEMENTS: BALANCE SHE PROFIT AND LOSS ACCOUNT AND NOTES TO THE ACCOUNTS FOR THE PERIOD NOVEMBER 1" 2023 TO ocroBER 31ST 2024 PREPARED BY:. ROWEDOWRICK ASSOCIATES 7 TRENOWAH ROAD B￿￿El ST AUSTELL PL25 3EB TEL:_ 01726 707(K) THE TREGARGUS TRUST CIO CHARITY INFORMATION FOR THE PERIOD ENDED OCT BER 1" 2024 Chairman.. Mrs S Morcom Treasurer: Mrs M Allen Secretary: Mrs K Wonnacott Registered Address.. 68 Terras Road St Stephen St Austell PL26 7RX Charity Registration Number: 1165277 THE TREGARGUS TRUST CIO Accountlng records The trustees of a CIO are Tequired to prepare finanual statements for each financial year which 8ive a true and fair view of the state of affairs of the organi5ation as at the balance sheet date and of its Sncome and expenditure for the year then ended. In preparing those financial statements. the trustees are required to.. select suitable accounting policie5 and then apply them consistently make judgements and estimate5 that are reasonable and prudent The trustees are responsible for keeping proper books of account such a5 are necessary to 8lve a true and fair view of the organisation's stste of affairs and to explain its financial transactions. The trustees must also establish and maintsin a satisfactory System of control of its books of account, Its cash holdln8s and all its receipts and remittances, and hence is responsible for safe8uardin8 the assets and taking reasonable steps for the prevention and detection of fraud and other Irregularities. Oblects To advance the education of the public by the preservation and maintenance of the historic, domestic and industrial buildin8 sltes and artefacts situated in the Tregargus Valley, Cornwall. Power The CIO has the power to do anythin8which is calculated to further its objects or Is conducive or incidental to doing so. Borrow money and to charge the whole of any part of its property as security for the repayment ofthe money borrowed. Buy, take on lease or in exchange, hire or otherwise acquire any property and to maintsin and equip it for use. Sell, lease or otherwise dispose of all or any part of the Property belongingto 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 ofthe CIO to be held in the name of a nominee. Appllcatlon of Income and Property The income and property ofthe CIO must be applied solely towards the promotion of the objects. None of the income or property of the CIO may be paid or transfer red 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 A R THE YEAR I NOVEMBER 2023 TO 31 ocfoBER 2024 INCOME St Stephen Parish Council Grant Cornwall Community Forum Cornwall Council CCF grant RPA- Funding Donations Social events Guided walks Co-op Community Fund Amazon Bln80 2024 2023 4486 5000 19366 3193 424 1452 460 971 1195 230 105 35 1082 13121 1305 28171 LESS: EXPENSE Contract work Legal & Professional Equipment Fundraising costs Insurance Printing Stationery & Posta8e MÈetin8 room hire Sundries NET PROFIT 9371 17g81 414 53 519 260 75 871 431 260 153 19462 163411 LOSS FOR PERIOD OTHER INCOME HMRC GiftAid 330 330 277 352 ACCOUNTANfs 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 Tre8ar8us Trust CIO, tO8ether 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 DAYOF T)CLwiP?L-< 2024 Ms C O Dowrick MAAT............................................................................ THE TREGARGUS TRUST CIO BALANCE SHE￿ AT ocfoBER 31" 2024 2024 Barclays Community Account 10387754 Barclays Community Account 63092798 32686 TOTAL ASSETS 32687 Rin enced bud et for 2024 2025 Annual operatlonal costs Ilnclude5 unforeseen events) 8.(K)O Community Capacity Fund Grant (Chapel Mill) 9,C62 Historic England Grant (Chapel Mill) 11, 498 Co-op Local Community Cause grant Ilnformation signs) 2,505 Total rin8fenced bud8et 31.065 We have examlned and approved the attached Profit and Loss Account. Balance Sheet and Bank Reconciliation. DATED THIS .31 DAY OF J {￿L) 2025 Mrs S Morcom (Chairman) Mrs M Allen ITreasuref I * ￿r Ill iiil I 5 9 9 8%4888%81 £¥lV CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Raporttotho trusteesl T￿￿A£A US -rEusf ci O members of On accounts for the year ended ! 31. 10 2LILF Charlty no {rfany) 1165277 Set out on pages I report to the Iruste8s on my examination of the accounts of the above charity {Ihe Trust") for the year ended 31 1 o 202(* Responslbllllles and As the tharity trustees of the Trust. you are responsible lor the preparation basls of report of the accounts in accordance 7Mth the wuirements of the Chanlies Act 2011 Ilhe Acr). I report in respect of my examination of the Trust's accounts carried ¢xrt under seclion 145 of the 2011 Act and in carying out my examination, I have followed the applicable Direthons given by the Charity Commission under section 145151{b) of the Act I have compleled my examination. I confim) that no matenal matters have come lo my attents'on (other than that disdosed belcw ') in connection with the examinakn.on which gives me cause to believe that in. any material respecl. accountsn9 records wore not kept in ac£ord8nce with section 130 of the Act or the accounts do not ￿Kd with the acc￿nting records Indépendent examiner'8 Statement I have no eoncems and have corre across no other matters in connection Trmth the examinalion to which attention should bè drawn in order to enable proper understanding of Ihe accounts lo be reathed. . Please delete the wonls in tha brnckets if they do not apply. Slgned: Name: Relevant professlonal qualifiGation(sl or body i H A. IK I Ilf any): Address: Row CL A