Trustees’ Report
Trustees: Paul Evans (Treasurer) Jeffrey Murphy (Chair) Clare Todd (Secretary) Audrey Willis
Registered Charity Number: 1168443
Date of Registration: 26.07.16
Financial Year End Date: 31.07.22
## **Introduction**
The Trustees submit their report and financial statement for the Friends of Riverside Park – Chester-le-Street (the CIO) for the financial year ending 31[st] July 2022. The financial statement complies with the Charities Act 2011 and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards for Small Entities (effective January 2015).
## **Aims & Objectives**
To promote for the benefit of inhabitants of Chester le Street and the surrounding areas, without distinction of sex, sexual orientation, race or of political, religious or other opinions, the provision of facilities for recreation or other leisure time occupation of individuals who have need for such facilities within the context of the Riverside Park, Chester le Street, County Durham.
## **Review of Achievements & Performance**
During the first 6 months of 2021, and just ahead of entering its sixth year, it is fair to say that the working relationships of those trustees involved in the management of the CIO completely broke down. This came to a head during the development of ‘post-pandemic’ Health & Safety policies in pursuit of obtaining suitable Public Liability Insurance cover for the activities of the CIO’s volunteers.
Registered Charity Number 1168443
As a consequence of the disagreements that arose, the trustees met only once during the reporting year - for the purposes of an Annual General Meeting – on 7[th] June 2022. During that AGM it was obvious that significant barriers to the future governance and aspirations of the CIO still existed.
In light of the identified difficulties, those members who were fully paid up prior to the financial year end on 31.07.22, unanimously resolved that the CIO should be dissolved and closed as of that date.
It was also resolved that the CIO’s assets – detailed in the accompanying ‘Receipts & Payments’ submission of the ‘Financial Review’ section of this report – should be disposed of in accordance with the dissolution application submitted to the Charity Commission.
## **Constitution**
The charity is a Charitable Incorporated Organisation (the CIO) and was registered with the Charity Commission on 26[th] July 2016. Its Constitution follows the ‘Association Model’ and allows for membership with voting rights
## **Governance & Management**
The management of the CIO is the responsibility of its Trustees who are elected and coopted in accordance with the constitution – which allows for a maximum of 12 Trustees and a minimum of 3. Four of the trustees will be appointed in the ‘executive’ roles of Chair, ViceChair, Secretary and Treasurer.
As per the Annex of Rules allowed for by the constitution, the CIO trustees will meet on a minimum of 4 occasions per year and there will be a minimum of 4 General Meetings per year convened for Members.
In accordance with the constitution, all trustees will stand down at the Annual General Meeting and may seek re-election.
## **Financial Review**
The CIO is presently banks with Santander using a ‘Treasurer’s Current Account’.
During this financial year no funds were raised other than £2 in ‘member’s subscriptions’.
The CIO has no assets, no depreciation, no investments, no debtors, no creditors, no liabilities and a cash balance of £762, arising from previous donations and ‘member’s subscriptions’.
Accounts will be filed using the Charity Commission’s ‘Receipts & Payments’ template.
Registered Charity Number 1168443
## **Public Benefit Statement**
In exercising their powers and duties the Trustees have complied with their duty to have due regard to the guidance on ‘public benefit’ published by the Charity Commission for England and Wales.
## **Preparation of This Report**
This report has been prepared in accordance with guidance published by the Charity Commission in March 2015, entitled ‘Charity Reporting and Accounting – The Essentials’, and is signed on behalf of the Trustees by,
## Paul Evans
## Trustee & Treasurer
Registered Charity Number 1168443
**Charity Name No (if any) Friends of Riverside Park - Chester le Street 1168443 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01.08.21 31.07.22
|**Section A Receipts and payments**|**Section A Receipts and payments**||||||
|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2**
**-**
**-**
**-**
**2**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2**
**-**
**2**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2**
**-**
**-**
**-**
**2**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2**||**Last year**
**to the nearest £**|
||**-**||||||
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**2**|||||**760**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**760**|
||||||||
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**-**|||||**-**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_ **|**-**||||||
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**-**|
||||||||
||**2**|**-**|**-**|**2**|||
||**-**|**-**|**-**|**-**||**-**|
|||**-**|**-**|||**760**|
||**2**|**-**|**-**|**2**||**762**|
CCXX R1 accounts (SS)
31/05/2023
1
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Current Account
Cash Held
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**260**
**500**
**2**
**-**
**-**
**-**
**262**
**500**
262
500
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Paul Evans - Trustee / Treasurer|**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||Paul Evans - Trustee / Treasurer|30.05.23|
|||||
CCXX R2 accounts (SS)
31/05/2023
2