2023-07-31-accounts - Chelwood Community Fund CIO

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Trustees’ Annual Report for the period

From 01/08/22 Period start date To Period end date

31/07/23

Charity name:CHELWOOD COMMUNITY FUND CIO

Charity registration number:1170268

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The provision of such grants and donations for individuals,charitable bodies,organisations and associations for exclusively charitable purposes according to law in Chelwood and the surrounding parishes
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Advertising the existence of the charity and how to apply for grants. Considering applications and making decisions whether to award grants in accordance with the grant making policy and with regard to Charity Commission guidance on public benefit
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Application forms and guidance on submitting applications can be downloaded from the charity’s page on the Chelwood village website: www.chelwood- village.co.uk
Policy on social investment including program related investment	Para 1.38	The charity maintains it’s funds in an interest bearing account with an ethical bank.
Contribution made by volunteers	Para 1.38	Apart from the five trustees, there are no volunteers.

There are no employees.

Other

Achievements and Performance

	SORP reference
Summary of the main 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.	Para 1.20	During the year 3 grants were awarded. These included one to a school to provide shading, seating and planters for pupil protection and engagement with nature. One to a local cricket club to refurbish changing rooms. An additional award to a Paediatric Nurse working in a local Children’s Hospice, for training. A few applications were as out of scope either on geographical criteria and/or seeking general fundraising for other charities.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	As the charity has no assets, no employees and minimal overheads there is a commitment from trustees to focus on distributing grants to valid applications and to keep a small reserve
Amount of reserves held	Para 1.22	£24000 uncommitted funds
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24	There are no funds in deficit
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	n/a

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Up to this year end the fund has received £125,000 in funding from Chelwood Community Energy Ltd and apart from bank interest this is the sole source of funds. To date it has awarded grants totalling just over £100,500, which demonstrates the charity’s policy on reserves.
Investment policy and objectives including any social investment policy adopted	Para 1.46	n/a
A description of the principal risks facing the charity	Para 1.46	All funding comes from one source, Chelwood Community Energy.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection 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	Para 1.25	Appointed by resolution of the current trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Chelwood Community Fund CIO
Other name the charity uses	Chelwood Community Fund
Registered charity number	1170268
Charity’s principal address	Burnts Farm Chelwood,Bristol BS39 4NW

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Carolyn Marianne Beecroft	Trustee	n/a	The Trustees
Bryan Harry Godfrey	Trustee	n/a	The Trustees
Stephen Robert Meale	Chair Trustee	n/a	The Trustees
Peter Huw Rothwell Jones	Trustee	n/a	The Trustees
Julie Anne Glynn	Trustee	n/a	The Trustees

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets None 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

Signature(s) Full name(s) Carolyn Marianne Beecroft Position (eg Secretary, Chair of trustees Chair, etc) Date 15 October 2024

	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~	Chelwood Community Fund CIO 1170268 CC16a Receipts and payments accounts 8/1/2022 To 7/31/2023 For the period from ~~a~~ ~~ee ee-~~
Section A Receipts and payments
	Unrestricted funds	Restricted funds	Restricted funds	Endowment funds	Total funds	Last year
	to the nearest £	to the nearest £		to the nearest £	to the nearest £	to the nearest £
A1 Receipts
Interest on bank account	15	-	-	-	15	-
Chelwood CommunityEnergyAward	10,000	-	-	-	10,000	10,000
Interest on bank account	32	-	-	-	32	10
Interest on bank account	63	-	-	-	63	-
Chelwood CommunityEnergyAward	15,000	-	-	-	15,000	-
Interest on bank account	89	-	-	-	89	-
		-	-	-	-	-
	-	-	-	-	-	-
Sub total(Gross income for AR)	25,198	-	-	-	25,198	10,010

A2 Asset and investment sales,
(see table).
	-	-	-	-	-
	-	-	-	-	-	-
Sub total	-	-	-	-	-	-

Total receipts	25,198	-	-	-	25,198	10,010
A3 Payments
Advert Parish News	140	-	-	-	140	140
Grant	3,500	-	-	-	3,500	6,142
Grant	3,000	-	-	-	3,000	-
Grant	500	-	-	-	500	-
Grant	500	-	-	-	500	-
Grant	500	-	-	-	500	-
Grant	500	-	-	-	500	-
Grant	684	-	-	-	684	-
Grant	1,000				1,000
Grant	2,437				2,437
Grant	1,500				1,500
Grant	1,500	-	-	-	1,500	-
Sub total	15,761	-	-	-	15,761	6,282

A4 Asset and investment
purchases, (see table)
None	-	-	-	-	-
	-	-	-	-	-
Sub total	-	-	-	-	-	-

Total payments	15,761	-	-	-	15,761	6,282

Net of receipts/(payments)	9,437	-	-	-	9,437	3,728
A5 Transfers between funds	-	-	-	-	-	-
A6 Cash funds last year end	19,832	-	-	-	19,832	16,104
Cash funds this year end	29,269	-	-	-	29,269	19,832

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Cash at Bank Details None Details None Details None Details No liabilities Signature Total cash funds (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 29,269 - - - - - 29,269 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Carolyn Beecroft Stephen Robert Meale Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liabilityrelates Amount due (optional)	to nearest £ Endowment funds
			-
			-
			-
			-
			OK
			to nearest £ Endowment funds
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Carolyn Beecroft	15-Oct-24
		Stephen Robert Meale	15-Oct-24

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name Chelwood Community Fund CIO

On accounts for the year ended

31/07/23

Charity no (if any)

1170268

Set out on pages

(remember to include the page numbers of additional sheets)

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.

Signed:

Date:

Name:

Relevant professional qualification(s) or body (if any):

October 2018

IER

Address:

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER