The Diss Heritage Triangle Trust C I O
A charitable incorporated organisation, number 1168235
Annual Report & Accounts For the year ended 31[st] December 2024
The Diss Heritage Triangle Trust CIO
Trustees Alan Franks (Chairman) Peter Hyde (Deputy Chairman) Dr. Gary Alexander Ray Bryant David Case Robert Court Mrs. Suzanne Kayne Glynne Lloyd-Davis Miranda Moore Jane Rands # Caitlin Seale Hannah Sidgwick Joint Mrs. Suzanne Kayne Secretaries Glynne Lloyd-Davis Honorary Treasurer David Case Principal Office 11-12 Market Hill, Diss, Norfolk IP22 4JZ Registered charity 1168235 13 October 2025 -2-
The Diss Heritage Triangle Trust CIO
Chairman’s Statement 2025 .
The Trust was established as part of the Heritage Triangle project, to ensure that the work to enhance the historic town centre (and in particular the Corn Hall) was not lost following completion of the project. We continue to monitor progress around the town centre, maintaining the wildlife garden to ensure that the charm of old Diss is not lost for present and future generations, and in the same spirit we continue to review proposals for development that could impinge on the town centre.
Much of the original planned workload was completed by the Trust by the end of 2023 and we met other organisations working for the benefit of the town to see if we could work together. In 2024 we moved forward with our policy to enhance the historic town centre by merging our operations with those of Diss Community Team CIC who had reopened one of the largest retail sites in Diss and using it to house some community activities and a number of smaller businesses to enliven the town centre and reduce the number of closed premises; this policy has proved popular with the local population.
Our overall policy remains the enhancement of the historic town centre for the pleasure and enjoyment of residents and visitors alike for future generations. We remain in regular contact with both the Diss Town Council and the traders group to carry this forward and preserve our lovely town.
-3-
The Diss Heritage Triangle Trust CIO
Report of the Trustees, 2024
The trustees present their report for the year ended 31[st] December, 2024.
Charitable objectives
The Trust was formed to preserve and enhance the ancient centre of Diss, Norfolk and its historic fabric for the benefit. education and enjoyment of the public, ensuring that those improvements undertaken in the historic centre especially those through the medium of the Heritage Triangle project are managed, maintained and developed and developed for future generations.
Establishment
The Trust was incorporated as a CIO (charitable incorporated organisation) on 15[th] July 2016 on its registration with the Charity Commission.
Review of Developments
Much of the work originally planned for the town centre had been carried out by 2024 and so the trustees commenced discussions with the Diss Community Team CIC as our interests in promoting the wellbeing of Diss (especially the historic town centre) are complementary. The Community Team had taken on a short-term lease of the (closed) former Beales store in August 2023 with a view to providing space for community use and possibly a covered market. In spring 2024 the Trust took over the monthly lease of the premises and we continue to work it up into a community space. Our calculations showed this was expected to yield a surplus for the first year. Late in 2023, the Trust acquired the entire issued capital of Bees of Diss Limited to become its trading subsidiary.
A ukulele day was organised in early summer, and a transport fair in September; both events were very successful. Such events are encouraged as they attract many visitors to the town thus making for a lively and vibrant community.
We continue to maintain the community wildlife garden.
The Trust enjoys a good relationship with and support from the Town Council, and liaises with the businesses in the Triangle and their Traders’ Group in order to encourage (partly through events) a lively future for the Town centre
Public Benefit
The creation of a community wildlife garden and a boardwalk over part of the Mere have provided for residents and visitors alike a peaceful contemplative area to sit awhile in the centre of Diss. The streets that define the historic town centre have been made more welcoming to pedestrians and accessible with a view to encouraging more people to visit and spend some time in the area, to enjoy its charming old buildings or visit the Town’s Museum (free) and the various shops and cafes and see for themselves what makes this so special a place.
--4-
Management and Organisation
The Trust’s constitution is its governing document; it is based significantly on the Charity Commission’s standard association model. As a charitable incorporated organisation the trustees are subject to charity law, the principal legislation being the Charities Acts of 2011 and 2022..
Membership
Membership is open to any person or organisation interested in supporting the objectives of the Trust and whose name is recorded in the register of members. The trustees may set a range of subscription rates payable for membership but decided that for January 2021 onwards membership would be free. Membership is not transferable. Trustees may decide that it is in the best interests of the Trust that a member should be removed from membership, but only after notifying the member concerned in writing and considering the matter in the light of any representations made by the member within 21 days of such a notice.
Trustees
The trustees manage and control the Trust and its assets. The Trust board must comprise at least three trustees; there is no maximum number. They may appoint from amongst themselves such officers (including a chairman, secretary and such committees and working groups) as they deem fit; they may also recruit volunteers to assist in this.
All the trustees are subject to reappointment by the members. One third of those in office retire by rotation each year, and in addition those trustees co-opted onto the board since the previous annual general meeting stand down; all may stand for election or re-election by the members. David Case, Dr. Gary Alexander, Alan Franks and Mrs. Suzanne Kayne were co-opted onto the Trust board during 2023 and accordingly they will stand down at the AGM but offer themselves for election. Peter Hyde and Glynne Lloyd-Davis retire by rotation and are standing for re-election.
The trustees in office throughout the year covered by this report are listed below: Dr. Gary Alexander (appointed 5 September 2023) Ray Bryant (appointed 7 March 2023) David Case (appointed 28 July 2023) Robert Court Dave Down (resigned 9 January 2024) Alan Franks (appointed 5 September 2023) Peter Hyde Mrs. Suzanne Kayne (appointed 5 September 2023) Glynne Lloyd-Davis Graham Minshull (resigned 5 March 2024) Miranda Moore Jane Rands (appointed 12 May 2025) Caitlin Seale (appointed 12 May 2025) Hannah Sidgwick (appointed 12 May 2025)
-5-
Governance
The trustees met every two months in 2024; as the Trust’s activities are settling into a pattern the trustees will consider meeting quarterly in future to consider progress, the risks and opportunities presented and the financial situation; additional meetings may be convened should any trustee consider this appropriate. This change is being considered following the allocation of certain portfolios to trustees: David Case (finance), Glynne Lloyd-Davis (governance), Ray Bryant (planning and development) and Dr. Gary Alexander (community involvement). Other roles may be added in the future. The trustees are grateful for David Case’s work as the Trust’s honorary Treasurer.
A policy on reserves has been adopted.
The Responsibilities of the Trustees
The trustees are effectively stewards responsible for safeguarding the assets of the Trust and for taking reasonable steps for the prevention and detection of fraud and any other irregularities. They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust and to enable them to ensure that the financial statements comply with the Charities Act 2011.
Accounts and Audit/Independent Examination
The attached accounts show the financial state of the Trust as at 31[st] December, 2024.
As the Trust’s income for the yeart exceeds £25,000, the trustees have appoiunted an independent examiners in accordance with section 145 of the Charities Act 2011.
Approved by the trustees on 13[th] October 2025 and signed on their behalf by: Alan Franks - Chairman
-6-
Diss Heritage Triangle Trust
Income and expenditure 2024 Draft v9.10.25
| Income Expenses Rent Rates Gas Electricity Telephone Consultancy Maintenance Insurance Consumables Events Ballroom Garden Display Professsional services Cleaning Trading Surplus Donation by subsidiary Surplus |
49744.62 18000.00 1857.01 1748.52 4012.09 350.28 2400.00 2741.90 3123.20 344.75 327.34 154.44 37.19 482.65 300.00 231.32 |
|---|---|
| 36110.69 | |
| 13633.93 | |
| 1502.00 | |
| 15135.93 |
7
Diss Heritage Triangle Trust CIO
Balance Sheet 2024 v4 9.10.25
| Assets Cash Debtors Owed by subsidiary Prepayment - Rent Prepayment - Building Insurance Trade debtor Current Assets Investment in subsidiary Creditors Reserves Reserves b/f Asset transfer from Diss Community Team Surplus 12 months Reserves c/f |
14152.00 1800.00 2448.68 1580.00 |
12747.71 19980.68 |
|---|---|---|
| 9492.47 7250.00 15135.93 |
32728.39 100.00 950.00 |
|
| 31878.39 | ||
| 31878.40 |
8
The Diss Heritage Triangle Trust C I O
A charitable incorporated organisation, number 1168235
Annual Report & Accounts For the year ended 31[st] December 2024
The Diss Heritage Triangle Trust CIO
Trustees Alan Franks (Chairman) Peter Hyde (Deputy Chairman) Dr. Gary Alexander Ray Bryant David Case Robert Court Mrs. Suzanne Kayne Glynne Lloyd-Davis Miranda Moore Jane Rands # Caitlin Seale Hannah Sidgwick Joint Mrs. Suzanne Kayne Secretaries Glynne Lloyd-Davis Honorary Treasurer David Case Principal Office 11-12 Market Hill, Diss, Norfolk IP22 4JZ Registered charity 1168235 13 October 2025 -2-
The Diss Heritage Triangle Trust CIO
Chairman’s Statement 2025 .
The Trust was established as part of the Heritage Triangle project, to ensure that the work to enhance the historic town centre (and in particular the Corn Hall) was not lost following completion of the project. We continue to monitor progress around the town centre, maintaining the wildlife garden to ensure that the charm of old Diss is not lost for present and future generations, and in the same spirit we continue to review proposals for development that could impinge on the town centre.
Much of the original planned workload was completed by the Trust by the end of 2023 and we met other organisations working for the benefit of the town to see if we could work together. In 2024 we moved forward with our policy to enhance the historic town centre by merging our operations with those of Diss Community Team CIC who had reopened one of the largest retail sites in Diss and using it to house some community activities and a number of smaller businesses to enliven the town centre and reduce the number of closed premises; this policy has proved popular with the local population.
Our overall policy remains the enhancement of the historic town centre for the pleasure and enjoyment of residents and visitors alike for future generations. We remain in regular contact with both the Diss Town Council and the traders group to carry this forward and preserve our lovely town.
-3-
The Diss Heritage Triangle Trust CIO
Report of the Trustees, 2024
The trustees present their report for the year ended 31[st] December, 2024.
Charitable objectives
The Trust was formed to preserve and enhance the ancient centre of Diss, Norfolk and its historic fabric for the benefit. education and enjoyment of the public, ensuring that those improvements undertaken in the historic centre especially those through the medium of the Heritage Triangle project are managed, maintained and developed and developed for future generations.
Establishment
The Trust was incorporated as a CIO (charitable incorporated organisation) on 15[th] July 2016 on its registration with the Charity Commission.
Review of Developments
Much of the work originally planned for the town centre had been carried out by 2024 and so the trustees commenced discussions with the Diss Community Team CIC as our interests in promoting the wellbeing of Diss (especially the historic town centre) are complementary. The Community Team had taken on a short-term lease of the (closed) former Beales store in August 2023 with a view to providing space for community use and possibly a covered market. In spring 2024 the Trust took over the monthly lease of the premises and we continue to work it up into a community space. Our calculations showed this was expected to yield a surplus for the first year. Late in 2023, the Trust acquired the entire issued capital of Bees of Diss Limited to become its trading subsidiary.
A ukulele day was organised in early summer, and a transport fair in September; both events were very successful. Such events are encouraged as they attract many visitors to the town thus making for a lively and vibrant community.
We continue to maintain the community wildlife garden.
The Trust enjoys a good relationship with and support from the Town Council, and liaises with the businesses in the Triangle and their Traders’ Group in order to encourage (partly through events) a lively future for the Town centre
Public Benefit
The creation of a community wildlife garden and a boardwalk over part of the Mere have provided for residents and visitors alike a peaceful contemplative area to sit awhile in the centre of Diss. The streets that define the historic town centre have been made more welcoming to pedestrians and accessible with a view to encouraging more people to visit and spend some time in the area, to enjoy its charming old buildings or visit the Town’s Museum (free) and the various shops and cafes and see for themselves what makes this so special a place.
--4-
Management and Organisation
The Trust’s constitution is its governing document; it is based significantly on the Charity Commission’s standard association model. As a charitable incorporated organisation the trustees are subject to charity law, the principal legislation being the Charities Acts of 2011 and 2022..
Membership
Membership is open to any person or organisation interested in supporting the objectives of the Trust and whose name is recorded in the register of members. The trustees may set a range of subscription rates payable for membership but decided that for January 2021 onwards membership would be free. Membership is not transferable. Trustees may decide that it is in the best interests of the Trust that a member should be removed from membership, but only after notifying the member concerned in writing and considering the matter in the light of any representations made by the member within 21 days of such a notice.
Trustees
The trustees manage and control the Trust and its assets. The Trust board must comprise at least three trustees; there is no maximum number. They may appoint from amongst themselves such officers (including a chairman, secretary and such committees and working groups) as they deem fit; they may also recruit volunteers to assist in this.
All the trustees are subject to reappointment by the members. One third of those in office retire by rotation each year, and in addition those trustees co-opted onto the board since the previous annual general meeting stand down; all may stand for election or re-election by the members. David Case, Dr. Gary Alexander, Alan Franks and Mrs. Suzanne Kayne were co-opted onto the Trust board during 2023 and accordingly they will stand down at the AGM but offer themselves for election. Peter Hyde and Glynne Lloyd-Davis retire by rotation and are standing for re-election.
The trustees in office throughout the year covered by this report are listed below: Dr. Gary Alexander (appointed 5 September 2023) Ray Bryant (appointed 7 March 2023) David Case (appointed 28 July 2023) Robert Court Dave Down (resigned 9 January 2024) Alan Franks (appointed 5 September 2023) Peter Hyde Mrs. Suzanne Kayne (appointed 5 September 2023) Glynne Lloyd-Davis Graham Minshull (resigned 5 March 2024) Miranda Moore Jane Rands (appointed 12 May 2025) Caitlin Seale (appointed 12 May 2025) Hannah Sidgwick (appointed 12 May 2025)
-5-
Governance
The trustees met every two months in 2024; as the Trust’s activities are settling into a pattern the trustees will consider meeting quarterly in future to consider progress, the risks and opportunities presented and the financial situation; additional meetings may be convened should any trustee consider this appropriate. This change is being considered following the allocation of certain portfolios to trustees: David Case (finance), Glynne Lloyd-Davis (governance), Ray Bryant (planning and development) and Dr. Gary Alexander (community involvement). Other roles may be added in the future. The trustees are grateful for David Case’s work as the Trust’s honorary Treasurer.
A policy on reserves has been adopted.
The Responsibilities of the Trustees
The trustees are effectively stewards responsible for safeguarding the assets of the Trust and for taking reasonable steps for the prevention and detection of fraud and any other irregularities. They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust and to enable them to ensure that the financial statements comply with the Charities Act 2011.
Accounts and Audit/Independent Examination
The attached accounts show the financial state of the Trust as at 31[st] December, 2024.
As the Trust’s income for the yeart exceeds £25,000, the trustees have appoiunted an independent examiners in accordance with section 145 of the Charities Act 2011.
Approved by the trustees on 13[th] October 2025 and signed on their behalf by: Alan Franks - Chairman
-6-
Diss Heritage Triangle Trust
Income and expenditure 2024 Draft v9.10.25
| Income Expenses Rent Rates Gas Electricity Telephone Consultancy Maintenance Insurance Consumables Events Ballroom Garden Display Professsional services Cleaning Trading Surplus Donation by subsidiary Surplus |
49744.62 18000.00 1857.01 1748.52 4012.09 350.28 2400.00 2741.90 3123.20 344.75 327.34 154.44 37.19 482.65 300.00 231.32 |
|---|---|
| 36110.69 | |
| 13633.93 | |
| 1502.00 | |
| 15135.93 |
7
Diss Heritage Triangle Trust CIO
Balance Sheet 2024 v4 9.10.25
| Assets Cash Debtors Owed by subsidiary Prepayment - Rent Prepayment - Building Insurance Trade debtor Current Assets Investment in subsidiary Creditors Reserves Reserves b/f Asset transfer from Diss Community Team Surplus 12 months Reserves c/f |
14152.00 1800.00 2448.68 1580.00 |
12747.71 19980.68 |
|---|---|---|
| 9492.47 7250.00 15135.93 |
32728.39 100.00 950.00 |
|
| 31878.39 | ||
| 31878.40 |
8
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on thé accounts 5•¢tiorb A Independent Examinerf5 Report Rek)Ort to the trustees Di?J rte R irA G-& feAJsi ¢lD On accounts for th4 ygar ended ehartty no (Sf Any) 116fr13r S•t out on pa I rewrt to lh8 tntst68s my examinati uf the accounts of tho above charity Ilhe Tru51') for the year wKled RgsponsSbllltl•s and basls o Trport As the charltys tnjstees. you are resFonsibl8 for the pparatIOn (rf the acxcx#rt$ In a¢(x>rdan with the requirernerts of the Charltlas A¢t 2011 (Ihe ALn. I reF(rt in resrd of ry examinaiion of the Trust's acEAJunts carried out Urr ts10n 145 of the 2011 Ac arKI in carrying out my èxamination, I have fol01 all the applicablè DireGIi(Yffj given by the Charity CINnmissi Jol sgclion 14S5Mb) of Ihe ALI. Indgpondant gxamlnfyfs 6ts1em6nt urvjertthe examination mber of [insert name of I cOmF40 my aX1n811. I confrm that materi21 matters have corrpe to rny attention in rnnk)n wlth th8 ex8min?lion (theTrt 10$tr) vthich grves me (w5e to believe tw in. any rn818ri81 the accountir¥J reccds wer8 not kèpt in acco{d wrth sects'on 130 of tho CharitN88 Art the 8G<xwnls did noi aGwrd wtti the aco)unlfing fac1$. Of the ac¢)wnts did not compty with the applicablè rèquirements concemiTh3 the fomi gn(I cont8nt of aG¢OUnt5 set oul in the Charltl8S (A(rx)unts arKI ReF4Yts) Regulatn5 2008 othèr th8n any wuirement that the acwynts givo a 'trug and fair, view whth is not a matt&r con8ired as part of an ThJ8pendent fiyamknalKm. I have no concwns and h8vè eome across no other matters Sn conn&cliOft wlth exarninatii)n to which attention shwld t drawn in this re port in order to enable a propèr LThlèr8t8rKlirpJ of the accounts to be 9c#. . Pl988e delete the w0S in Iho brackets rfthèy do not appty. Slgn•d: Date: Nam•: IDE R41ovgnt profes8lon81 quatlficailonls) or body Addr•s: PSfoTrJ I Section B Di5cIosvre orty complete rf Ihe 8x8minÈr needs lo liiglilgnt mat6r&al tnatt8rs f)f {c6rn {5ee CC32, lThJopendent examin8ti(m 01 charity afKLxJnts: directions an•J guldance fDr examingrs).