REGISTERED CHARITY NUNW: 1171099 rt ofthèTnttQ3 and Unaudttd FknarKlal Statements The Yèar Ended 31 Yard Conun Tnwt CIO TC Bromhead Ltmited Harscomte Hc*Jse 1 Darkwe View PIynKth
North YaTd Comm CIO of e Flnandal Staterne Ended 31 March 2D24 Pa98 Reference and A1sIr3¥¥Q Dgts115 2 to 14 Inrwidwt EXaMhts Report 15 16 Balane• ShÈe¢ 17 1B l£J 23 Detalled Stalem0 of Flnandal A¢tlvllies 24
Tntst cio and Admlnlstratlve Details ForTheY TRUSTEES E V Miler S Hill C J (reswed 31.1.241 K Sproskni (resigned 23.5.241 SJCwr CllrG (ree 19.5.231 Cllr B Patel1e 19.5.231 Cllr M A Cc&er (reg 23.5.241 CllrT Tu(y (resigned 23.5.241 Cllr J Mccarty (appointed 23.5.241 CllrA Fe[an (appointed 23.5.241 Cur K J TaylN latpointay 23.5.241 R J klarnr {appointed 19.9.231 Cli J 22.5.231 PRINCIPALADDRESS Dertilord Ptymrrtjlh PL6 BBX REL>STERED CHARITY NUMBER 1171C INDEPENDENT EXAMIIER TC BrcAnhead Limiled 1 DakevIeW TRUST ADPIJNISTRATCII Carr4ine P Lknyd5 TSB Bank F Detys Cros8 Ptymouth
Trtt CK)
Re
oftheT
31
The tnMtee8 FKesent thar rwi %%gth the finatKFd stmwts of Ihe rtsity the year Ond 31 M8rc 2024. The
trustees have l(ted Ihe prowsirjns of Pryountir¥J Rewtrng ty Chariti&%." Statemerrt of Rrnmended PricE
appli)1¢ to tharities preparing their aClMIS in accor ¥Ath the Finanox Reporting Standard applible in tho UK
and Rewc of Iland (FRS l(r21 lelfeth 1 Jry 2019).
Refwen¢e and adrnlnlstratlv• Inforniatlon
Th? Yard cmUThty Tnjst Ch) is a general w.rvj vR5 set up to manage £150.OtA) a yeAr for
25 years for the pr£¥nth of any iwilable pwoses tr Ihe bfit of the c£fflmtitj"tS in the nevJhbOrtThJcS of Ba
Barton. St Budea¥LX. frfjngs T¥m¢rtw. Westcm V4Y ar¥J l
ForThEY The breakdNn albxgw Fy)sitKm$ by arga ts." tknÈ Councillor¥tho 15 elected represents tsward of Hn- for Weston Mill. (e Counallorvtho is elected and repre$ts of DwW- tr WhBm. Tvn Counallors who ar• rere8ertts wwd ofst BudeaLK-for Bame Barton, St BudBaLLY and lfjngs Tamerton. AN Trustees TegisteredvAth Charity CC¥nmiCffl IONI Ihe Board . a$ port of1heir intmduclion, are expeded to meet wilh ChaiT orVe Chai to ensurÈ thty Èrè awxre ofthe Trusfs aims and 0"ectiveS and the m8nner in vA)ith thè Tiust carriÈs Out ts reSt.lie& The Tnjstees. as twtofth&i tr•"iing induion, are prowded with cc¢)ies ofall p)reS aTrJ wctedure The North Yard C(muntr Twst CIO cwrrenty has eltt Tnjstees atthe ofllls fiMntsal pwK¥J vAih ajl fc nc4ninated areas hamng a reprèsèntati. Ofthis fcAW N¢yninated Tnjstees fwr are Res1detrt Trust. This rlb&r enthes a WKle range of kniews discwry all Tr tU51ness. TheTE are three vacancies uwfenuy,. one for Bame BartC and one from St a)d lfjrys Tamertth and frjr Ktyham. The Trustees are respwsitle knT the mernent d Ihe TftLst and Ix4d rewlar meet#iys in ordÈrto ¢onÈid2r yant appf¢cabons. These a hdd li-monthty in th& mcfiths ot. Jantsary. Mth. May. Juty. SeFmber Novem. There 8re four grants av1e for projects, acbvibes or events thvAI bffit wnmunrties vrithin the Ncth Yard Communty Twst CIO area of ber These a CornmÈJr4ty Grant: this is a gt Of to £5(KJ te a4f4ed forwj to ttrnètimes a year. The Small Grant.. trw's is a grarrt of up to £5.OJl. The General Granl this is 8 grant of8ny amourt Wthan £5,(MXI. MU Year Grart. thi8 gt can be avrdrded for a period of LP to trY•• y•ar& Org8nisalion8 rannot hold rno¥e than Srnal. MUMyear Grant at a¢ry one tine, hcr¢m•r, organisèt.ons that are in rept crf a Smai, General or Mults" Grtt may 8150 for 8 C(ynmunty Grdnt. An organi8ation apFtying to the Tt for Smal. Genwa (Y rnt ensure thatthe eYdlLtaticn for ny wemous gra)t has be oynpleled arnl by Ihe Boa Grant F¥eth3e.' Ihis is for 8ppliS who are aW"ng to TrustfDr a of the expected o)sts fortheir project or acbvity and are either •wa.9 Ihe deci¥ frc¥D sources or C.U1ng to fundraise to meet the eXd cosls. The Board inform the applic¥rt using a Grant Pledge Letter ofthe amount aiocated to the prryeGt or •Aiwty. 0e all ftJnd5 have been seujred a Grant Pledge Release Fomi is completed by the aFvlrAnt ar¥J ill te transferred. Dur9 an aW2tion meth"TrJ. the Board (8cuss grrt eVaWIc other isin•s, &% ¥d. and lime alk)ws On the dtemative months of Few, Aixl. JLM. AiJgJsL DenbeT the Board schedule an admiristrative rneeln9. Th tllEetings. lThw. may oJKeled rf reoired apr110n meetings may be exiended to indL¥Je ¢Jher business as ne&d. to ensLYe we frAkw the l)est expe¢Aed of IIE North Yard Ccfnmurity Tru6t CIO. During an 8ilministr&ts"ve meeting the B(wd also revivw and aJee any grant evaluations leh hava b88ri submitted. The Board wil aso revi pdhies. mring th TnEtees e kept up to date develOpmts in charity pracb.ce and regul&ons on an I915 ba&'s as rBqiired. with a minwnum review of cce a year. Duriny meeting& the B08rd may be irfoKmed of ary to a swcessfith applicanys project, event OT actw, or scedule which Trustees will acwt inwtatyon to visit a yc4e(l or evenL Th8 Board disGus8 any other IsInesS vthich may have arisen. The Board also use lMItrave meetiThJ5, at least oncE a year. to rewew and refine the applicalion wctess, r•flec on the Ser Fm¥Ale (x)nsider hcm Ihis tyxld be improv9 The Trustees ontinually look kji Wdys to irnprove the seNce VE to fee(. Trustees VAII take every opp)rtunity to irnplement improvements and rellect on the cli.¥e$ of the Tnrt they can continut to meet them, wew how Ihe Trust can encourage more atwlicxrtS to aF4)ty KI how t)est to thwbse the TnJs( in order to ensure that the fvnding is maximising every OppOnty for the Cunmle$ rewewtt The TrLtss hc4d an knual Genenl Meeting er to the AJ)r¥Jg1 Rwt knnts and tc rary a torm81 review of Ihè ftlfilmentofts thrrty'5 am8 oiiei*ves, investmerrt perIomiar over ltte year. Page 3
Ré rt ofthe Trttee5 A ftll day to ijay 3dmiry¥trative service is wovidej b/ M& Cardw Perry %tho recoN&S handles atl enquiries. ensuring they are referred, rf necessary, to ts Cha fcrf th.ce aml gLJid8nr£. The Chwr Wr wih Ms. Pery to ensure Ihat all papeThlr asscKiated ilh 8prAI aKI evaLEt5 rewved by the Trust a ttJmpJÈtÈd correctly, with all required dc¢uments submitted. before sendry to the Board frJr them to rthriew priorto a rneet4ThJ. MS Perry is the first point of contsct for the general pUtrA viantllvj to make #Iquit and she is able to prow'de fijrther details of other organisations vtho wgvide grant ltsn9 SUPF(rt to erffjwe Ihat al pctial applicts arn supported Ihrough the process when required. The Chair and Ms. Pery hcdd regular drop ins tc enat4e I)se ting to apFty to (x)me and ask ¢west)nS specifrcally regarding the North Yard Conwnunity Tnjst CIO fun(ling streams IKJwever. these dates not be convenien( meeting dates can be booked in aLfvance ty those wantiThJ to aF¢ty. The Nc#lh Yaftl Cunrnunty Trust CIO do not employ Ms. Pery, the PlnOUth Lake FoundatiLY) e the erTWoyer5 the North Ywd Communty Trust CIO contribut• If of hersdary costs for F¥Dviding athun1strati to Tnjst The Twst C1nueS to amend and refine QLV ar¥J eVahjati pyocesses to ertsure best 8t 811 timès. The Trusts aCCJntiThJ arrangements arHI all reporkng are IT by Ihe Treasurer the suppct ot tsvo TnJsts•s. Fina Report5 are wovhled at every meeliThJ to enm tr&)spaTW and a)unb.J responsibilty. An antallt is employed to ensure the Tr1 meet atl lega lesSbe5. The website is ho5 by Mr. Tim CaJ¢yJK at Skny ClnE(l T) Thxninated Trustees arKI M5. Perry are reSpcS1e lor the rnanpggment oflh¢ web. Ms. Pory ovwsees day-tw rnanagnenÈ. ensLYing the site is kepi up tr) date wth detsils of gr8nls 8W8r(led, vacancies on the TTW detals ofthe at¥Jluti"on pro(Mg and any ¢z5e studie5 submitted. On the Wete we also wovide Cal3nCe FLThling. al Irn8 aT ts Tenns and conditic$, bthich can be d0vnde in paths lor eath speofic gmt. The Twst 4$0 utilisps scoal m.mwly Feb¢ok Twittw. succssth to tsg us in their posts. We provide up to date infrKmthn Tegarth'ng the grants availablq sutMni55ion dates applicaticS and meetings dates. We also share other fvnding tFHt is avalaL4e arvj ich may be of Interest to wr communibes. The Trust 11 glso USÉ thtr psgé ts advèrtisè athvities and events that happetwng in the I1 areas whith may be interest and benefft to the crynmunitEs whin the NYCT CIO we& Tr divetsity of p)sts thg pw has hay rrritive feedbad 8rYl the mir of peLWe reached tr) grcw eath rnCth. The Truees have also atlendiNJ Ihe CxynmMty the last year, sther6 we were able trj provid& infomiation StUt lh• Trust This hÈÈ ÈnatrAÈd Ihe TTht to meet ptial new apF4icants. talk abDUt lunLling and share informth'on aL¥)ut thp work lh Tlxs has been very wffjitNe and has increased the audience on SOfi81 mtdia. This yr has iEvease may. in W. be as a result ofttll& Tnmtee RecNlknent There is a recruthent prcw in pl8 r¢mibThJ tnjslees. ArTIAbOn frn5 and asSCtiatgJ paperw along with Ihe recnJtbnÈnt prc(ess, 15 rewiv•JEd each year ty the Chair and prted to the Board 19 enswe Lwt PticE is al the heart of ourwyk. VncES for wsittons available cm the BDard ale advewbsed using 8 numtrer of 3venue5 to ensure WÈ indude 1 of Ih05e thin our )MmunItieS vkn atherb'sing jLKSt limit the a(fverb"sru to on¢ SrGe. Trse vrishing lo apply are requestgj to email or cal M5. Perry as the ol ¢thtact vtho 8end the apiC a Truslee Vaeaney èXrAns wè and what do indudes the experted commitmerrt we requiie trotn Trustees SO those 4)ptying are wdre crfthe resFonsitilty ccthwnibnent they [ed lo m9 betore 8pth.ng tojoin the Board. ThÈ wdid8tÈ wJe8t to meet a mÈmber of ts Bcerd to discLL8S any quest.ons they hav¢ prior to comF4eting the fomi rf requ&1. Upon reipt of apFlicabonl51 the Board revpw Ihe 4¥11(atrS) at the next SChedulj wneetwig. A (Jer45i)n is and a G9ndidatelsl may bè rÉque5tÈd to attÈnd the nèxt st&Je vkKh i8 infcrnal it)tsNew. This g'ves Ihe appliGgnt the opportunty to ask questior and fiThJ out more aboutthe T1. Upcfft CcpIe1l of Ihe Inlerview and after ren9 iwo referen the Board disGyss if 8 rxndidale sAt¢e6 at the next scheduled meeting and. if so. a formal offèr of a poÉikn"on IÈ m&le. effecb.ve from the date of the next rneeting. rf the training and irLduth"on ha5 been comFdEted. Al new Trustees 8erve a 5iX-m(th tseby LKth the Bowd the new rerxurt are able to ensure that Ihe new trustee is able to emted the th>s of the chanty. ha8 th¢ 5ki115 reqtEd 8nd fvlty meets the exFECtth"s a chavity trustee, thitst dso b.rne tr• filly to the Board tMJring thi8 tirne SLJPPOrt is given along unth 0g#r rthriew8 all7ng the w trustee *quate op[#)rbIty to and reach a potenl"d ¥theTety they Gan along with ¢xisting tr1¢5 ¢nswe the North Yard Cwnmvnty Twst CIO reaches ts fvll Fotsntial achieves its objective5.
2024 polle1 and R18k faanagement The TTUStees are sa'sfied that 8pprowiÉtt rdirAe5, [4reS. in in order to miéigate èxposure to m8J"or IT5k5, and to ensure that the Tnjst in aQuYdan 5sYth am legal responsiblthes. The Ch81r, along the Char, review operational rk%ks and prAitieÈ on an cfftgoirMJ basis and these are formally aed by the Trust88S at th•r 8nnLJ81 meeting ly at arN clhermeeliThJ vknen an 4yl ts tewiFe The prinopal risks r81ate to cpw8tttt r5 in twms of m rniTrJ. investrrt perknnartt and reputslional risk for the tharity. Operational I91L. There is a risk ofthe Tnjst recetviThJ grant 4)pIltics •nd Iherefore not teing able to carry out its charitable c&Jedives. However. as an ol Iwgh depn"vaiim aThY ¥th those "giLle to apF4y for grarts finding thal opwational ¢ts 8re rising aryd rv)t rcted in I£e. tr T{t Fs rJJnfident that thts risk is minwnEed. kn an area of diverse comml1eS. the Trust Is confident that it is atrA• to peoFle of all aJes, gendets and bathgiounds and this is reflected in the appli(xb"(s we rÈcve. By using all avaiL4iAe avenues to ther1e 9rarts, wiring all apFAicants to ackTh)vAedgE the fdIng on all printe(I materials, having the platfomis on so(Jal media fcffj succe5sfjJl applicants to IWJ in their posts reiyting to the fijnded prc4"erts. a)ribes or e¥errt5 and by attenthrvJ events and Msstwig fundèd projects and activities. the Tnjst ensures it is a i1s]e PTe6ence in our O)mML1es. SUCC511 pJ%nts are shown on our websrte and 50oal rnodia and we use opporbJnibes sh as drop-in Sl0n5 tt) promole the Trust and ¥AMt we Ilo. Th& Trust TII refer requirÉng support with grant lthng to organi&itions provide suprrf enSrj tw Ihe grants we provwje eSSed by 811 Ihose wanting SUPF(It There is also a rig¢ ol ants not reathng thè intended trHEft2aries. The Trust, therefo wovidgs dew guidance prior to the apica"t &age by requesling that al plIcants reaj the Gdance for Fthding. The Trust has Car Terms and Condthons rnust be read and gned au1hoTiS8d inthdu815 on bew of the oiganisation befo any grpnt Gan be awaTded Any d)ange5 to the project (r vhith lu¢S cangrwJ tho bÈnÈfirAaries or use of Ihe grant must be agreed by the Trust pricf to cCfflmenrnen( thefCe minimisThJ Ihè risk ofthe fvfjng reachry the beneffioaries it was Intended ts. ere the Trust requires adthtiond Tlls and CcmdlbLs Ihe grant f[11[J the applicant must read and slgn those Additional Tm5 and cond"05 Pri(x to reLEiving any I1J. Ilems that Tnjst VAI and nol fvnd are listed on the GuidawKe for Funding arKI the area of benefrt is dety klenbfied guidance and wa a map which is available bclh cffj Ihe website and request Th 15 0 a sec fomi dèarly stskn.ng the Iimittd wea of bgnefit and requests.ng that rf a pro1 event is aready nnIng that postco(las of ÈXISb useT5 be yupplied. It also sts that postcoyes wll be reqiired for the ev5luali uv¥ing applicants every opportunty to understand that thè Tiust requires tt#5 informab"w lo be sltsnitted. tkrng tth ihe apFlicAt and tv81uab.on stage postcode5 must be supkqigd to ensure that the fijnding is used to tenefft the eullmun"Es that the North Yard Communty T¥ust CIO represents. Bank account thtails are CLfined before a gwt payment is m and th8 p8ym8nts VAI only go to a reglslered acwunt in Ihe name of the OrganisaOn applwThJ. We also rewire a ful financial bTeakdow) Imth receipts andlor involS to show ere the funding has been used th.ch needs to be submitt&l with the evaluation. For multiyear grant5 ttEre 15 ¥ mi(Merrn report io be cpted at the mtynt of each yèaT (i.&, after 8 mcrths of tIng awarded) and an evakjation has to be SUtted before the next peri(x1 of pay[w11 be released. The Trust do not award grants that are for knth"rwJ individuals. Tr Fisk that the grant is ncrt us&J ts the awd purrthe awded by the Trust 15 monitored by the use of the evaluation mi&tsrm rewt w&heTe rf)11e. and be ched¢eJJ aganst the original application and aYrd rna(to. It is made dew Temis Conditions, Ind11[ rf appli¢)le the Additional and CDr¥thts.s, awwd letters all g(1dat Ihat Must be sought from the Board prior to any devith.on in the use of Ih¢ granL Vbhere Ihg grant 15 used tr wwposes other thè 8grÉed use il is deth staled that the retum oflhe grant or a prylion of the grant may be reqted. Anotsr operational risk is aFplirants not Sltfnitting an eyabjatic CK mi&term rqyyt ide all financial ewdence for the use of the grant. per the Terms and Condilions. rnust te suned by 8LAhtsrised irK"vidu8ls wqthin the organi8ation. failure to provide the requested inforn)atic+) 11 rèsult in the request ts the retsJn of the Lwant where appropriate. When receipts dIOr invoices are not 5ubmittgJ lo sh the use ofthe grant thè Board rèsÈNè right tri reque51 the rEtUTn of any part of the gwt trvhith there is final eVKIer This is dearly staled in the Temis and Conditions. There rAn be no ftjrther awAic3brms fimding aTrJ by the Twst %%thÈrÈby thÈre 1$ tsnlng evplu&on by any Ol58tion. FOT mdl-year fijnding IS Teleased until the Trust ha5 received and Jreed the prewous WiLxI's evauah(. are sc¥eeted arwj cS mt trj en8urÈ that 811 requeste(l fOnation paperwork is submitted before the aPFlatic is discussèd by Ihe board. The Trust require Iwo unrelaied signatcies to countetsign p¥4)en. ¢StilutIcnS must be submitted vkneTe Sp(blÈ, thè règistèred a(Idrt3ss and a rompany ry ctsity nimnber mitst giv9 on the ybcation form and bank accounts must be in the organisation name. Any w(es submilted foT buIldFreMedral wclk or the wrtha$$ ol itan8 mltst bp a registered txjsiness. These thS enable the Trust to engJre that the oryarNsabon81 risk to the Trust is well rnanaged.
Cryrniu Tru any reports prodUd by those the TNst wwests in. The Tntst W the irtrent ri that may re5utt in some ye3rs whèr8by the investment porrfdio dÈdints in vajè FArt the pwftYrnan of the irNeslment ensures we are confident in the allocatic these funds. is a pJicy for ln¥trnerts dear uiteria for dl now P¢tenlial investments. Flnancial: Where a laUYear Gratt is ftrded. the ftll nOlt a448rdtd is ncedged in that knnual Feriod and ringfeneAd until the knnding has utdized. Thi5 erwes that the award&J fundirrfJ VAI aws be available once awarded to the applicant The Trust also have adeqle irUran cow wilh PL4icy Bee vthieh is rÈwewal eath year prior to the wAicy bw¥J revievrtd. Thè Trust 8lso rW a rknew tirne otsr Insur wovbders to ensure that we receive the best pdicy and cover ts the Trust The Tnjst dearty al exFA&J out9n9$ for e¥¢h fin8nad period on Ihe Treaswer Reports and Ihis sUre$ th8tthe Tntst 8r ofthe tECtIOnS throUghJtthe year. Reputation: Best practi 15 at the heart of all of rw t•Krfk ¥Jd we d68¥Clr to thisurè that corrtac 1th the public and appliixrts is dont in a proféssional and ttAJrtÈthts w. Twst rnaiTrtain a pOte and confident approath in all interadions wth the pU1C applicanis aThJ wgl woie(ts. e¥enb ci acbvihès that 8re ftJnd&l when able to. Trustees ar8 infomi8d and knovAedgeable of our iY8di(S MI lIeS 8nd w offer dear &Jvice when rewested on how to ap and what we tund, vJhen irrteracbng on bdl of the Trusi PJI public statements gts thrwgh th• Chair to ensLwe that we maintain a professional consist&it approach to publtshing anylhing 8bout the Trust in the media. The Trustees 8lso iotral redents and some w(Kk the wea., thrs Wtr¥ides the cwwtunty to be fully appraised of events whith give rise to urnwekc)e media attention henTr a reputattonal ris Saloguardlng.. The Trust has a safeguardIj Pdry vhmth is Med at prOtettIr not just the Bowd memlxrs but also benefiGiaries of our grarrt& Tr Twstees requiie to Iwve an tyo-(kn Safeguarding Policy and procedures in place lch they must cfim7 cffi Ihe AFf4icabon Fcxm. Th8 Tnxt 81so Wifè ap%15, vthere 4JF4icalAe. lo confi that DBS thecks are up to date. Confilcts of Intsrnsu Confilct of Loyalty". The TnBtees have in ar 8 (letsileol Conflicts d Interest or Loyalty. This Poliry dearty explains the vnpaLt of this in tem15 ofant mthng deClc. The fiIcts are managed with proper prCre5 #l Fla vhwch am Trustees are aw¥e Of here lo. Envlronmertal: All ap[CS we CCfflF4eted e1eCtrryY the Tntstees re1ve all thr meeling do(xmerrts electronicaly. tlS redIng the ne1 for paw FM"nbtyJ. The to ensure as far as p'ble that we look at our carbon footwrrt aTrJ do all that we can to reknethe inpaot c LU rOnMent Incomè and Grnnt Pollcy Prlnclpal Fundlng The w"rripal fvnding for N¢th Yard cMnELY Twst CIO u)me5 a SeclTh 106 agrepment ben MW Ewronmental Devonpcrft Ltd and Ptymouth Crty CcrtJrKlll. This agrewneni is f(¥ a period 0125 y88rs will eondudè in 2037. The fijnding OUnts to a minimum th year £1j,CKL Golng Concern The Trustees are conf•Jent that Ihe Ncth Ywd C(miNmity Tntst CIO il quètÈ TesouTt¥5 to rJ)ntinue in operational existence. Up until 2037 undw the agrwnerrt vnth MW En¥irorrnentsl Ltd and Plymouth Cty Counal the Trust wll receive an annual payment. Pffjwsi$ are beiThJ made to cseale an endrmient that should ensu th8t the objective i)f the trust to give out witinuB aftet tIM"s b"me. Ihat in mind the Trustees are haFW that the charty is a going D)nrErn and the repyiand a(nts have be on this basi Grnnt Maklng Polcy and Proceduves The Ncth Yard CCnlty Trust CIO ojntirwes to acc• aFplTcaticS frcth uganisatic#)s meet the uiteria whith is tsken Hrto conyderation vhw a&%swg <)lcatiOn& No from iThfvtha15 are cnnsidered. The Trust on ConderS applications frcyn c(glsationS Trhose wcposed evrt thty C project nfft the o)mmunitiès ol the North Yard Commurmty Trust CIO area of benefiL Al sp1 at ly)ih ap1On 5tsge. rf rt is an existing prqect or actiwty, and at the evaluaticffl slage must pyowde postcodes to ende the Board to satisfy itself that the ftjnding w911 be used to benefrt the communrtie5 frtyn wthin the N(xth Yard CcmmLmity Trust CIO wea of benefit Thè Trustees aim to keep the 8t¥AtE¥ti"on 5imk StrEnhIBI 11Th of applicatic6 BLi)mitted electronically thjring this ffinancial pertoj.
Tn CIO Step by step lde1Th$ as to to 8Ffy ID fhÈ Trirt uiteria w10natI how to 8thnit the appIicatic and vth8t should submittpth wth Ihe can L tho rted grant packs Tr•thich are avallable on thg website or on request by emal or The prcAss is ÈxtAY4rd deaty on the web5rte ond feedback recerved from applicants is that the pro(ss of ap7rj is stra9ltfcwd and de¥. The Trust requires an acojrate breakdown of all costs, and for material items of over £500 or kn buildiry worf( thÉ 4wb"eAnt must 5Ltfflil three quotes from a pFof955iona regulated company. For projerts 8th"e5 where Ihe cost i% over £S,C(Q the Trust rryuirgs a project plan. The 8oard welcomes matth fdIrVj for prqects. aNItieS events a)d rESt SUFVCrt from Iho wow(ling fiding, orhthcffl they a w0thg %%ilh. S)rAl IAh the 110 lapICatiOn forn. akry wth tenns and Ex#wic#)s, aThJ rnI•rt sFec}to gtsnt (xn be dNthaded frC th& websitèvMv.n(tyd¢x)mTnur¥tytrV5Lg.l aThJ in the n• pa% for each type. I successfvl appjdcatic 8rn li%t8d (x) the ¥rt•ie Vlth detsits of the adlvty or ertt for the Trust prov•Jed fiJndin All appliCatiS e considErwJ on t5i5. The TnJsttA cfjndÈr filing requests made ty organisab"on5 Ihal are reappIng for a grant where there is (xrtst8nth"n9 eVUatiOn vthith has ncl agre¢d by the Board. The Trust wll consider awardwThJ grattts over a I(ger tum of up to thee yews bwth the e¢)Th11tsn that all reports and evaluab.ons are cornpleted and agreed ty the Board befora th• tmsfer of the nexi period of funding. Wh¢iwer )Ible 8115 are rnade by the Trustees in ardw to Ihe ¥nrBct that the ftmding has had on thè bènèficiaries a how the funding has EnhanGed Orwlsan. Regal c4)ntact is ma1ntrdttd rerApEnts grants for mCltOn9. The appIants ccInde Ihe Tewms and at ati(ffi W and, unkn there we Addlnal Condition5 att0th to the gwt award, once a SiC is made ty Iht Board the apFln2nt is withii 5 war"rj days arKI the fijnding transfeTheJl to the ncKnind barlt in the cYgaThsatM2ns namè. Thi4 makès the prcw8 quick and easy for appliLxts. Mthere addilion rnTrJition8 are attached to the grart thè 8pplicJrt is sent an Addib"onal Tettns and Condth'ons Form to real and sign vthith deaty 5taes wh the ftJTrJing can be ud thè amtAJnts alted by the Board. No fvnding be transfwrBd unb"l the Chair or Mce Char has r•cved this form back and c¢mfjmed 1hat th¢ form h85 bw5 COTrecty ffieted Fu dl suc£6sthI SPFIantS payment i8 made onjuie banknng roquiros ¥0 authoriÈed SIgnatleS to authorisethe paymttrt ffi txwof the Twst. Where an applicant has ncrt secur1 (1 aruint reqL4rEd ts the PToi•cL athity or Èvent the Tr1 may agree a Pledge. When ttNs hapF¢ns. th? applcart is of the Board's decision a Pledge letter. Once the appliGant has succwwdy aquir&Y the match fiJThthg, Int Board by ttlnpleting Ihe Pledge Releast Forn. The Trust then releasethe paym& Unsuccessful arrficants are irrfcrfrned crf the Boaril'5 d)51 ffjsty ts the same aGMiy or fftnt ithin six months. unle5Sthete are excepb.rywl an apF4icatrons are recved. Kl& Pgwry WKJ tr Chair lh al fv)fonnalwJn is receiv&J fron7 th applicart the form is CAYrècNy rA)mrAet8Y and snl. (mce that is dwe the aP1.cs are sent to the Tru51ees who follow an est8bIhed prccess. The aFY"bc.¢S the awja aThJ to the Trustees in adv8n¢x of th8 meeting. A'DaTali0n of of Intsrost arxl conffi of ty. is ag ilem at every methg 11 18 durng thi8 part that any attendee makes a dedaratiC for a confiLt of inkrest (r tfvith pon cf (an1s.0n 8ssoryated with any grant app.cation gtgnt eTrr4lLth.. The pdicy is wt to al Tree$ aml form5 Part of their trainirrfJ,' estIng TruÈtÈÈ8 review Ihis poliry On a ye. Tl poliry dewty Sets ryjt a c(flict of Loya and Cfxfflict of Interest are and the Importan of intoL The deaty sets ¢ the prfttdure during rneetings where a conllict of Inteat Se8. a Conflict of Interest or Loyaty is (knarj the Trusteelsl concerned do not take part In any thscussion and e asked to leavo the r( lsthflst the Board discuss thè rtem rn8ke a deusion. For online mepth.nys any Trusteelsl vAth a Confiict of erest or Loyiy are rn0ved frcffl the meettng and r8admitt•d Ihis part is cornpleted. Evaluatkjns and IlonltorlNJ AH applicants vtho are awarded gtarrts strK)uld crynFI a grard evaluati( frKm vAlhin one rnth of the end ol the ojed, oGtiwty or evenl. Al fvnthng musl be used lIhin a 12-mc)th [Tod date ofthe grant awarded unless an extension ts agreed by the Tntst A full ev8lu"on. wth finarrial evidence of Ihe use of thè granL must be sent to the Trust. Th8 recetpts invcoces mustst•yw a date. 8 trAW]e&% name. the items tht and the anounL Page 7
31 IAarch Where a M1Ye Gnt 18 thyard, Ihe mu51 suthii a Mid Report after gx a1 ¢x)mplete an evaluation for end cl the first year of the projed or bD8rd rev+ewed evaluation and is sats"sfi¢d that the piiiect or JAiTr4ity is Jneeting tt ot4ecves set cw( reIng the intended beneficiies' and is using the expenditure as avrarded, then the next is leaSe& TW fdk)w Ihe Same W[xr0 for eath subsequent year. The Board encourage the apisifats tD revrew their prqe¢A (Y ti¥j.es ¢XIrw ttis time and review theAr oWtiv&5 and whether the¥9 have been swssfvdty reached or ifthry red to be adjusted as prq"e(ts do thange organically over the course of time. The 8oard also request that a rBviEw is fxMllplel and. on the evalualhjn. IheTe is a section on anging the uso of some ftJrKling 85 the Trust Tewirye t1 ne&ts ovw the FerKJd ofl.me may The Trust endeavor to supwt ai to sX£&I in th wq"e(Js 8rMI w)vide all necessary support as reqLMred. Tru5teES endeavw to visit ptol9 KI evwts funded ty the Ncth Yard Ccfflmw]ity Tntst CK). Trust88S COn8tslendy idenlj.fy Ihe ts8k of wsitsng projects as bmging intn'mc vaue to both their rde and the ongoing work of tre Trust as well as fostering gjod relatrjns in the cemUty. The Trust mIerS Ihal sometwnes ap1¢ants need to adapt their projects. "V"eS or events and are frJlty c£¥nrnrtled to supporting our apiclts to delNer thr proieds. actimties or events to benefft the commLThI"es Iliey ¥e twg arwj tL) Meet their rn$ and objectiv& Al applicants are r¢spJn5ible fvr ensu9 to thange the use of ary ent eX[lure is gwen by the Tnjst li a[fv3 of th ndhng bÈing for aryttN"ThJ not wwded cfflginal 8FvbCab. A¢hh¥vem¢nts and Perfomin¢e Applicw)ns ¢tinue to be re¢¢iwJ tly0ughrt th8 yw uTrnt opwating procedure erebY TTUStees eet bi.monlhty to consider apFAiCat1 prcsseS are effeL"ve n ensuring all 1nt0rrrt1( is cdlecte(l and presented to th¢ Board and th rneeb"r¥J the crfthe Trt remainB a Frfmyity when decisions e mats. At times during thè scrttning of the applicaions questiorts nJ to te aske to garner fthther InfiKrTwli to 5UPPQrt the applicalion and this is dc in afvan of to W)sU Tntst h¢ all irloTrnation avaolable b) them when making dèei&tsns. The Bwd COntinL to promote thè Trt and Ihè (C gratt availatde and this is recognised in the rising number of th£ ewuiring ab¢#rt gr)1 funding ts ryoje(a& ¥1eS and events. This year the rrtmber of applicab"on5 i&eiv¢d has risen from the yw by $7%. PWtstw)ns this yèar indudèd 8rwcnenl of cYKnmunity spaces, events to bn.ng ts commwiity togekn. to sOrt yCg Fecfle taking part in differetrt spotts, to fvrth¢r th¢ edUticI opporbjribas young Fecyle, awa, m1 hp81tr and to bring wr diverse cwmunty together in grp8 wth a wsty of thitiÈ& ThÈ Trust filed wqects, acbvitie5 and events that benefftied everyone in the (x)mrnunity ofall age5, g([S ethwty. The has benefftled not jus¢ ditvGUy th thè projècts, aCtiv•S or 8v8nts also bwjthd ItM)8e around them meariThJ Ihe funding has had a wde imp on our COFnrnunTrty. The fimdiTrJ 1$ mng a dIfIEren to c(ynnwNb"es acr055 Ihe area by wilh a range ol age4 genders and bad(grounds and we see Ihat tr tenefit has Leen %MdesiweJ, isdatèd to ary tsne group. The impacts of the wtiiécts ffijnded have had mry t)èrfrts to oynmunities Iding ethalional benert soaal and emotional benefit, wbng and physical b&)efrts. In total for 8CwUrg period of 1st 2W23 to 31st Mch 224 the Trust recsved 17 apF4i¢atlDns totslling £207,056.47. 01 Ihjse 17 ¥I•ca0nS. 15 Wtre sLCesSf 8nd wèrn awardèd fvndirrfj vth a Iota of £140,286.24. The amount of £1C6,203.20 is riTrjfed for3 rnulbyew gTars. During ffnanrial period. p11(aonS tre recwved kn all of the Wdikible grant ries. The Twst saw an IeaSe in the use of all fouT grants frcrfn the yr befr¢. The bTeakdon of gt types for t$ rep)TbThJ Six Communty Grts (40%) Two Small Grants113%1 Four Generdl Grants127%1 Thrnè Mulb" Yw {2NI
North Yard Commun For The Year Ende4131 Tiry)e of Gi'clnts .4M'.21'di"d CiJI]ulliiiiih. Gniits m Sn)nll Cr.iiJt% • GLYwrs1 CJriJ)ts. U fv1ulli l-edi. (Tlciiil% Llst of grants agreed during tho porfod 01AJ4r2iY23 untll 31103r2024 The fclobmng crysnisations aaded a grrt thjrry tFws ¢>.. corrynIty Grznts "ng5 Tatnerton C(xnrnunity Cth awled £51Y).00 toward5 theiT Famty Fun Day whid) was held in August 2023. Tlis free event brought the crmmutwty tOther and wa5 open to everyonÈ living in Ihe lo(xl area. They had free thtes for bcth adulls and y¢JJrwJ FeL Ihe day free eVng errtethirwnent. The event was led by thE vohjwtsws who vyyt aKI run Lwtre. Saf? WK[ SWFKI WeJlt%ing H1 ye &Ted £2 try1dS the affi&ati"on tr)xers in the local area. The fvnding enabled local yOg Feo¥le to lake Fqrt the BFrfJrt triTh3 to wnwove iheir health WEIILEing. Ixjnfidence and selfosteem. rt and EneTgy CIC tre Wdrded £9)J Iheir HLFW to a This FKrieca used art and rE"vity to ¢nUrage Gonvorsation gbcwt Small envirDrwnenlal acb"cn. share ideas and celebrate progress. Those tsking part kwnt atKJut rnosses and Iheir on the VironM& and try %we to cotrtnbute toward8 a larye piece of art is LEiThJ instaled in Roy. KiThJs Tanerton Ccmmunrty Certh vHe £5 twtils ttEir 4LNh kniversary CeletxatiDn. The tre has been serj ¢(mmunrty fr)r 40 year8 and the fvmthng wa5 usej to bring community together tr) celebrate this achievement. The event was hekl during the day vthere there we Iree adivities foT families and in the evening vknere entertanmentwas to bn"ThJ p&e tcgth lo rate. Boun(x Playzone were awarded £51X) lrnwls eq4itrnVg8me5 for the youth group bthich usgy the venue each wed(. The prciect amed to provide a space pwle to rteraraThJ te part in thfferent aGtivibe5. The Tree PrqeGt CIC %%Ere awarded £5 towards a M05sy trip lor the Welltkiro Wdrriors Youth GrLJp. The children have an ath.ve inteJest in IPtu and the LKJtgde and this aGI"wty was to build on their edtxational knc&e ofthe 1X¢de arbj hrw1nF nthre isto dimate tge. Small Grants Victoria Road Prirnary School were awarded £7.&30. tthvards a new MJrttJr< Reading and Music Rol. This fvnding allgwed the sthoj to reiubwate tl)e wea and equiFffjent whith wll enhanTr the educational OPFQrtur¥Ues forywng peoe. Ysxrth Ment Health Dtstters were rted £1.1Mj.( to delnw men131 health ass&mbli&s 8nd S%YJTkshops 4) local sthools in the Norfh Yard c(Xnrntty Tnjst CIO of prOdry Yrj p[le wth the Oppornity to explo neurodiveryty and the impacl they al have ead) ots. Page 9
Norfh Y¥d Cofflm Tnt CIO ortoftheT 31 March 2024 ForT General Grants Ptymouth Drake FC4jndatiC were &¥ale £5.4((J. towards the Farms ts City Chfith p[c4. This vo year 6 dasses fr(Nll sthols within the Yard Cc¥nmunity Trusl CIO area of befit to a fiv&d3y sidenb.al at Nethercott Fam7. ThS prowded a ofnew educatiC4 opportunits for the yOLmg peDpIe. Plymouth Parkow %Ere awarded £2,640.IXI 8 12-lek PToiect run in Bame Bart(. This was for young people in the lo1 area to tske part in the SW hr free onTr a week. ThÈ wc¥ert aimed lo create a posib.ve ar¥J lasting irryacl wnpoweriTrJ yc4JTrJ peoFle to lead INe5 tCtionS with eath oth¥. Mourrt Tarnor Scknol were awarded £4.981.51 fr)r Ihwr ¢JJtdow etion proied. This ene young peOe to experierte different spts land in the water. Provi(litYJ &4urAtion81 cyportunities for the young pep aitewKling Ihe sthod. Keyham Barton Catholic Primary Schwl wwe awarded £13,3eo.t)J tOS rejuvÈn8ting the library space and to purdwse new resources for this to incre&8e tr ethXxb.¢y OpporlS for th? young ¢ple attending m11 Yw Grant Cwmunity Regener8trc Proied ICROPS) ed £21.)3.20 over &ye¥s forlh#r Food Bank. Trms fvnding 117 enatle the W wnrnwity to actws fo)d and rttessary 8merg8n¢y/ tY(Klucts sh as hygiene items to SUPFYJrt their 18mity. Cotebrook SW Ltd w¥e •arfed £39.e84.rxJ over 3 Yea to Mi a WellLirwJ ts kqen grDUP, foDJsing on pracaical aeb"vib"è8 induding csafts, gardening, aml (k1[j vthitst creating a sale c£rfnf0rt8tè etNrrmment opportthes to discu55 a lar of tQPiCS iFK4u("ny heath and WellIng. Ptymouth tknke FjlatiOn Ere £46.716.(K> to the Dolty Partc7 Im8gin8tfon Lbi rary lo ttte NYCT CIO area of benefiL This project wll gift a book to be delivered every MLth diredy lo the home of every child from thè 8ge of 2 up to 5 yew5. Tlis wqecl ams to wovth edwaknal benefit to those receiving the books and also pro¢$ an ¢wporturMty ftjr p¥ents to w YJ Ihar cfrdbjren's katning forthose who need support wth th&r rnading. Ongolng Grants Awarded Irom Pr•¥l<)u8 Ya•rs The North Yard Communty Trust CIO &v3rd gr. Tfms means fvrE liablities have been created. The Trust recogn8 multiyear m in 11 at the wd. kn a muwear grant is aA¥wded Ihe full value ofthe grant is Show in the list of grants for that finanaal peiicl Ihe rtext instsknent of the grant has been paid. alongside the rernnIng awaé gr8rrtÈd to meeling al (ti[s. Demographic anatysls of wants agreÈd The applications received duriig trM"s ffnÉnraal shc that the fundro f)[ the Ttusf Vill impact all ages. There are seven projects tsrgeting those ag&d urwjer 18. c)e WLi¢Ct 1$ tstgtstr.ng Ihc6e &Jed over 18 only and seven prqects. athties or ev are fcy all aw. Ages Ui¥dei'i8 18 • All <iges 4th¢)T Page 10
TTht CIO Re ortoftheT 31 IAar¢h 2 Geogrnphlcal anatysb ofgrants agreed The fifteen grants awarded ty the TrL& have iefft au of the cCrfnM1tseS wlhin tht N(èh Ywd CcffimLmity Trust CIO are3 of iwefiL Tho the prciected areas of tnefM)"#ties' reach is as f1 35% have listed Sl Budeaux and KiThJs Tamerton as their tty areas. 21% have b'sted Bame Barton as a tarw arts, 26% have listed Keyhan as a tsrget area arKI 18% have lisbj Westcfft Mil as a taTta The Trust is sab"sfiLJ that the lurwlirvJ r& reath al of the 0)mmr0eS vAthin North Yd CommLrity TnBi CIO area of IxnefiL ALr.a .51 Iliiil(ItibxHnd Kings-lkni'.rtoii • Jlarnc Uarion Evaluations submltt•S durlng the pwlod IMl04120to 3110Y2Lf24 The Tru51 rved evaluati dLNiThJ tkn"s vthith that all areas 1th1n thè North Yard Cummunty Trust CIO of bet had bentharies, bhai attended the proie4X, aLvities or events. 01 those EvU31[0nS rwved m wxa 8 Mulb-year Grnnt and the lest were granl and all were agreed by the Board. Of those that submitted evaluatioThs TTUSt has wcviewed ts Hnpact of the fijnding and from the infNmation 8ulynitted establisld that 45% ol th¢ ftJrKling was us&Y for beneficiaries ag&Y under 18. 10% of Ihe funding vrns used for those aged over 18 0 and 45% fiJndir¥J was used br tenefici8ries of all ages bthich indudès Ihoge aged fv17 and 18 and over. The fuThJing wa5 usgij kOUt of thp North Ywd CunmLnity Trust CIO area of benefft wth 27% of neffiarl#s, CAyning frttm St Budeaux k7ThJs Twnerton. 27% cxNnirwJ fr(xn Bame Barton, 23% corng trom Keyham and 23% comirq from Weston Mil. 01 all those who submrtted evaluaiw$ elevon athioved the iJbiectiveB they set out to achieve at the stsrt of the woiect and on¢ th8ngod their obje¢t"ve3 8s the txoiect than dlng the pe[ of Ihe funding. AJI the fiJThng hefped to improve mental healih aThJ lI1"n trystcal hEath OPFxybJiities for thos attènding the oj¢¢t, actilty or e¥w)t The board wel¢(m¢ fee(Ibath frw thc6e YAKY r&4¥e fvJTrthng cffi the impacl ttHI Ihe h85 had and the feedback recèived during thi3 peric#Y indLKle5". 'Thankyou! Due to your Sup9rr ]thte deloPMntaCtiVtknlhe project kn grown sigrtifantlyad vrill ntIn to doso." eareeZtrenY&ratefi1l for$ 8rant. dt this t4V*ruld neverhavq b8en able to provide aSPe like this fcr the ehildr8n of Ptastow. Itha£ really enthLts a lo of readir£aDI h& pn)vidwl a SP fcr other learn1vEt1Plti¥S lor oFAldren to Art& Energy CIC P]aistow Hill Hant and NLrsery hcl Page 11
North Yard Tr1 cio oftheTrt 31 Marth 2024 Flnanclal Review Reseprn Pollcy Whilst the North Yard cOty Tat CIO has kyAf Ihe Tntst does ¥t re88rve8 in order to be atle to meel its ot¥"eclives brth and Tr the The Trust tske5 into consKraticm exFected aTrJ to a derisicn the ex&X levd of SerVeS to be held. In any evelll immediate resC[v not exFe¢#ed to tsll the amwnt crf fidg rll1red to eA)tnrnit lo all multiyèar grants that h8ve already been agre&J. As ofthe 31st Marth 2024 lh tyre is £108,203.20 for three multi year grants awarded durir4J this per¥1. As of the 31st of Marth 3)24. committvj tr) L¥Jsts irKuwed ty the Trust in carrywig out Jr gctiwti8s 19 £16,812.00. Thi$ figure tskss into 81 alkrated expwkn for ts 8cc4wnl.ng period that vill Ix required as a minKmum to CVer expenses. There is ourt set irwestMent Ihe Tiust is that 1[ furding wim about 13 years and is looktng to te able to rJe¢ a lew fwvj f¢Ythe The Trustis aware dthe hith reserves aThJ ¢scLMWXS wrvj fun¢TrJ be usej in the area of benefft. Return of grants not us•d lor Int••d purp The Trustees chec that all fiJThJing has teen used as irtwwjod in the 8r4)l1¢ati and agreed by the Board. This is done by a rigorous of ch8d(ing appltstiort against évauati all recebFts and invoice5 whith arv sutsnitted lo 8wden(2 use ofthe grart The Tern and cc11(1$ e rf a wt is no longer required even ifonly in part then the grant or part of the gr8nt not usÈd must bè rebjmed to trE Trust The Trust also make li dear thal any èxpendire on item8 nut 8•v8rded and agreed b/ the Board during the sts99 or at a latsr d may alBo incur th8 return of all or part ofthe ant awarded. In the peri¢xl (thiB repcrt BrKe rKJ Jryr requw&l the gr•)tfimthg frKthe roiect retLwned the full am¢JJntof £500 to the Trust Inveslment8 The North Yard cErfnmty Tt CIO ,rK) irNested with Plymoulh Eneryy CcOrave produced a weld dwiThJ this repNting of £2,(KK). The Trtryt ha5 MgferK8J £256.630.58 foT potltial iivestments to bwld up funding vthith wiFI enablelhe Tr$ to cryrtinue bey1 2037, cUrnt fuThJing tsasÈ Rwl•w of Actlvltl•# and Plans forts Future The TnL8t eonb"ThJe to wcxk t(xv8rds en5g 31 those within the comnwnites ofthe Yard Commtmity TrLtst CIO area of benefit aTe aware ol the fijnding availatle aThJ hcw to apF4y. Thè has seen a 57% increase in Ihe number of apF4icatiorts Tecewed trtt"s 8rKJ rt is a testwnent to Ikx hard the TnJ5tees WCTrth"ng lo enj thal information about the Trust 16 arojlated in the put4ic dCa, rKrt just to (X9arsations bLrt st and other cThnmunty grjpS are eligible to app. The Tnjst has 8 riyettms year in (xgani5abons appIng for fijnding forthE firsttime. th &8% of grJJts awarded during ttis finJaI peri(•l to 1$ationS nwÈr bÈèn awardèd fvnding from the Tntst bel. The applications h8ve tr8n srrfe&l al ftjnding 31reams avaiiabb and the Trust are ¢or)fMJerrt thai have made the pYc(es8 as easy as iThSuding provithrKJ supwt 8nd Aignptisting to orgarwsalbjns suth as Hymcuth Octo[ Prcied hp ethirAÈkn ofgrantknns. The area of befft indudes areas ot high deprivation and thi.s imwts the yk being urKlertaken in our communities. The 8ver4ncrè8sir¥J effects of the increawng c05t of Imng the iThJeasI costs fc¢ schools. crmnmunty groups and organisaions mean that those working vAth cc¥nmLfv)ities in thè arèa of bÈnÈfit experiencing higher costs and finding sS finanei81 supwrt th8n ever bef¢x& TIE irnport of free and Iow-COSt ath.wbes has mcY¢ irnportanl now than ever telore, as those atting ww)s. it is alutts thèmselves or childret), have less income to afford to attend woje¢As. tIe5 arKI everrts. The of mental health £1119 by ensuring a(Eg55 to free. or Iow-COSt actiwts'es, has teen hJgely importart to IeS a1 i1vIalS and the Trtjst has seen an increase vlhere a us indud&s merrtxl h*lth and awide the thy%cal or elalIcl benefftto pmjects. acbwb.trs and evgts. Schools and organis8tions vthing in the Icca area ¥itth th(6e in the C(Munty lo 19gk to tho fuiurp and ID how wo can thrive together supF4)rt each cther. a1 Ihis ÈV applti.0ft that we see. We hope to see a continuèd risè in 8ppIic8tiorL8 in the CnIng year aTrY th) we can to ensure that Ihose ejigible ale aware that they can appty to make ts process as eaw as po"tIe in order lo •¢coss fvnding. Thè Trust Vlill continua to put best rtsyicÈ at the hwi of wwre that wè CtinUe to r>1 promkty to ¥jicatIonS for fijnding. Page 12
T1c ofthè TYu5 For SodBt wnedia continue5 to be a 9Jod avenue to Fr¢t TnJ5t the L19. thrpJ iih events. activiti8s and prcied8 in the Ic(a areg. We have seen a riye in Ihe nnter of peWe intewtiThJ Cm OUT posts and sharing the post8 to other pages wofile¥. We also share ojr F)sts Lm kxa roJÈa Facet((& and t4 oryani5ation& comrnunity groups and 8choc48 in OLY posts to gn maximLwn exrrfALre. Fe&Jbac ha5 bo¢n po&Dve, rith the shamg of other aVlab[e gr paitiuA8rly Inefri to those digitje to wty. We sea thè addèd trnefft of CCtinuing this to sure that those wthin wr c(xnmunities vtho wuire funding can acc8 il frryn soutow. We use s#al metha to infomi those wanting to akwy ofthe date8 of meelings and when it)fcMatI nèèds to be sutffirtted to Ihe Trust. as well a5 any Oth telewant infoyrnatron ab( the sh as vacrn 8tten(hry events or I"ng dtup ins. Over the corning year we VAI to dk)p our scrfial [esen and how we can improve what dD on soaal media. WE kW that there are Flatfcrfms such as Tlwwls emergng and the Ttust ar¢ Iudting to rn{xnI5¢ aH avewe8tO PTCffiCrte the TnBt the wrAk undwtsk The Trust contwe5 to everts and ¢trcy ins tc¢ ensur• thè those wanting to appty, speak to SJS abcwt the Trust Word of mouth is 8 very imFKxtsrt a5Fect of OUT wmticm. havÉ thsw53ion5 With organisab"ork% and with the public, assocae the local wcieds. or events that have rewed funding. It ks a positive way to Éntsr8Et and 8haTe inrcmatIOn aboth the TnJsL We in the CL1n9 y¢¥ word of mtyJih ryjntinues to be a 5uccessfiJl avenue to newTntstees and new pliCants. The Chair has contiThJed to (ts. wlh the of Ihe offi Manw artd TnJ5tees. [[ng$, either in pwson or online. ID new pOltial apwrcents vkno have qlStil 8tMxrt 4)Ity". those wanting to apply to th¥ Trust k)r a v8carv on the 808rd or for those need help (Xnlj wA)rts vAu8tic This has c£Jnb"rn]l to be successfvl and has ensLwed that the ri sUkV¢Yt 15 ed to th08e needry W. Ir thè (x)mv¥J yew we wll (ontinue to be accessible vther¢ we w aTrJ to 8uFwt those wantiThJ to axl ItK)se ne&J SLVWJrt once a grant ha8 been awarded to rnake the wocess as w as pw)ssiL4 Thè websile conlinue to te used as a of inlDrmaton ts1hc6e enquiring abwt the Twst and we wll ctinue to updats the website rggularfy. er the ccffniTrJ year we VAI knk at inwove the website to ensure th usèrs hav8 an èasy w8y to navig Ihe pages that 1he [OrMati IB in a cjear fc¥mat vlnich easy trj use and understand. We of course Ccfitir trj rewew Lv appfjcth fryms. mi¢Memi fom)8 and ev31cS, PTocesses, pdiaes aThJ wocedures to ensure that we we the test trot can te 3rMJ that we exemplify our high stsndards for aFplie2nts Ènd tor ourTnthes. This yÈar we have met our 014.liveS in 50. sewtr the th.fferee that the funding h88 made to ow local commvnits. The wnpxt has been WKI marry j[b"ral beneffts. rK)t only to those who were invdv&J direcuy bui also thos# who ve indir• invcfvej. yjThJ Iwle have W a greater opportunty to èXP8nd thelr educatsonal opportunllies and lh"r in mwry of the woiecty acbvrfies and everrts have led to improved mental physicAI hèdth. This ccntrnues to have mary tenefits n¢A just f those tsng m but fci their familièg and the wder etsmmuIty as a whcle. Tht TruBt has Seen. thrc¥Jgh atenthing everts. reviv1[3 evaluabons, that oxnmunty devthwent and responding to the ne&ls of the Ixthues to thape all the urKlertaken by those we Chalrperson Report It is only once you fn.sh n4.1YJ a rqvJrt tstyw 8top aThY the iM&thl frjnding has had on Thjt just the intended beneficiariès indiredty to those arjnd Ihem the $upp(yt for OTganisaticffjs apYIng that the ndIng ha5 prOlded. The Trust continues to aT¥J thnve VR we aware of the impact the tUrK1w is rnaking and how It has had muth'rAe beneffts, notju3t to those takmig pwt Ixrt inthe to those around ttr. Ofthose receimng Ithn9. 75% #M ¢¢y"n1rQ to Fm7de the same servit or use the equipment and TesoLwces wovided by Ihè TruÈt nthv for the fijture, meaning Ihat ttve is a la51wN inpaci Hcr4vever, even thosè organlsab"on8 we ho funded and Ykno are no kryer nJw•ng their have had a stgThficwrt ini)acl on their bonriSr1è9,. this could have been educatiC, leaming a new thl. imprDVry thwr thal or improvirvJ thr mental heallh and their wellbeing. is an Important lasing impaci thc6e bfici•1eS and novAedges that this 11 h8V8 an imrMJrtant vaue to thjse who trx)k part The Twst (3nn¢A rreaslwe the true impar of thè ftjnthng on either the organisation, or Ihe beneficiarie4 as every has a different jowney each pwson Nyal learn and valu6 thè opportuNbes provided in a thffprejrt vrdy. HoEver. knrying that the flding has rmm.ded a beFrfit and is having lasting impaci has rrEanl we arg meth.ng the c*iectNes that the TAtaS 8stabhthj kn. Page13
North Yard Con¥nu Ttc Tru8tsè5 ForThè Year I would like to tske this LWLYiuiity to al IIKJSe MtK) trove irterthj wlh the Tnrt frcm thè applicants awardpd funding during this finanryal pen'ol to Ihc6e have engw tmth at events aml drop ins. ReTriviw feedback is key to making cthanges and I know the Board feedbath fr(xn everycrR. I Icok to elnlng to Éngage with the public at more drop in5 in the fiAure l thank everyone vhj h8S taken the twne to Speak to us. I wwld like lo thk those that yrn[ed evaluations toky the unpact the fvnding has haj on for t1r organisatr.on and the lnefie> ReLYvillg 51aternents the fijnding has m8d• 8 diff8Tence has PTowded the Board wlh Ihe kncwledge (hat we are (k¥TrJ as set ¢yJt to athiev& I lasdy would like lo trwk the Trustees tstheir rffk. de[c Ir1g aThl wion for 5porting the Twst and I look forward to wrt)tinuing thÉsjourrey overthe rxt finaxial aTrd seeing the Trus1 grrmj expand. Publk Benefrt Statement The Twstees have comthd sedton 211)Ibl of ts Chaifies 2Q11. hav1 th rry8rd to ts Charity Commission's gUidCe on public benefil revi&%iThJ ts Tw5f5 aims ctpXve5. when setting thè gr8nt m8king poliw and in ma.9 award5. i%.l12.Jxoz+..... Apwoved by OTder ofthe oftsuslees w... .. . . J its behalf by.. E V Miller- Tnjstee Page14
ent Examlnefs Commu th? Trustees of Indopènd•nt •xamlnÈf8 repcrtto the trustees d North Yard Commui¥ty Tntst CIO I report to Ihe twstees on my examination ofthe fin8rM>81 staternents Ncrfth Yard Comtnunity T{t CIO year ended 31 klarch 2024. Re8pon8kn111th9 and basls of report As the trustees ofthe charity land also its direthrs fcthe purposes of compw lawl yrxj are re¥JonBible forthe eparaticffj of the fir1 statements in a(zcfdarte ¥h the reqLiWTwts clthe Companies Act 21X)6 (the 2(K16 Acti. Having 8atisfied mysdfthatth8 finBniid $lBtemerts of Ihe thwity are notrequired to te audited uThJer Pal 18 ofthe 2006 Aci Bnd are eligible for ffldependent examination, I rewl in rÈspect of my examinat.on of the (arYty'5 financial stslemenls Caled der seLtion 145 ofthe Chwrtie5 N£t2011 lthe 2011 kt). h) carying (Mji my examination I havè followed all the ¥JpfirAble Ll"rons givem by the ChaTrty CL$$1 WKler sedIc 14515llbl of 2011 A Indep•nd•nt OX8mlrnfs statemwrt I have oynpJet&J my exWnirII0n. l that no c(fr to atten0 in nnectiC5%1th the examinabon givi me tsuse to beliove that in any material pect • aCCou.ng records ncl W in Tespecl ofthe as rEThId ty section 386 ofth• 2LX)8 Pd," or . the fffiencd ¥tatements do not accord VK>se reuyds." . the financia statem8nls do n(rt wrnptywth the acwJnts"TYJ raents c)f8ection 396 ofthe 2(Th Act 0th8rlh8n any requiTement that the attounts gNe a and f•"rMe4vwtsth is not a mrnlder as Fortof an independent examinaticn.. Lf . the Statem have ncrt pryed In cCda the method5 winaples oftht statèment of Recmmended Prac11 ac(LKth"ng and repoTbTr3 by clwTbes to . thariies prepari¥J their wAJunts ith the F181 RepOrrj Slandard aFflicth in the UK Republic of Irdand IFRS 1D2). I have no cOnM5 atvj have ¢xme acToss othermatters VTththe exanilation towthith a)n should be drwm in this repcrt in cyder to enable 8 w(4Jer unst8rKling ofthe stat8mÈrrts ID be reached. Ndl Stevens ACAFCCA TC BFQtnhead Limiled Hargcombe House 1 Darklake Ir Plymttuth Devon PL6 7TL Page 15
North Yard cio Statomtnt of Fin FOIT 31.124 Unrnstrleted funds 31.3.23 Total funds Notes INCOAIE AND EM)OWMENTS FRC*A Chatable aCtivIe8 Charilable Activitsss 242 215,840 Investrnent in(£me 250.2Q2 219.846 EXPENDrruRE ON Charitable actlvltlts NET INCOIIIE 177.130 187,237 RECONCILIATrON OF FLI4DS Total fvnds bght foThvard 1,139,864 952,627 TOTAL FUNDS cAReD FORWARD Page 16
N¢xh Yard C Balance Sh 31.124 Urre5tricted 31.3.23 Total fvnds FIXED ASSErs Tangible assets Investsnents 10 50.352 50.4 CUIRENT ASSET3 Debtor5 Investment5 Cash 8t bank 11 12 336 74000 990 1090,643 336 1.270J26 1,0gJ,979 CREDITORS Arnourts fdling due wthii yEar 13 146841 (1.5841 NET CURRENT ASSETS 642 lo 395 TOTAL ASS8 LESS CURRENT UABIUTES 1A16.994 1.139.864 NET ASSETS FUNDS Unrestricted fuThJs 14 994 1.139 864 TOTAL FUtr£IS na81 sl8tments weie Board of Tm4ees wthorised A)r Issue on d Signed C its tehafty. E V Miler- TTUSt8e S Hill- Trustee Pagè 17
the Finan I st#iÈrnen 2024 ForT ACCCMJNTING POUCIES Bo915 of pveparlry thelknaneial statorrnts The financial stalernerts of the chawty, vl)ith is a putrjic enb.ty Lmder FRS 11r2, have be prepwed in accorda1 wth the Chwibes SORP IFRS 11r21 'Attn1•n9 and ReporbThJ by CFwrtbes.' Statement of Rètrffiirnended Pralice aWio3tAe to dwbes prewing lhr Wunts in acwrdance with the Finanaal Repotting St8ndord applic3t4e in the UK and Re1¢ of Ireland IFRS 1021 leffethve l January 20191.. Fin3ncial RÈporbng Standard 102 The ReFX)rtT'ng Standard appli¢ in the UK and RewjIA of Ireland th8 Charibes Act 2071. The ffinanCa Slath have In Fryared und¥ the histrjrical c05t convenlion, the exception d 1nve51ments£h are induded atrnaet vau In¢<>m• l income is recolSEd in fv stateffi of Finwal Pts"wlies the dmity has wtitlemt to the fuThJs, rt 18 prctable that the be rEd a1 the Lzn be meared raAy. GoVerent gr&tt I(Me is re¢cwised in the un¢kn the Fthmatxe mÈll)od of reporhThJ. Interest income is rwnised 1Ved by Ihe dHity. Expèndilure abilitses ¥e recognisèd a3 exwthbjre as s(KJn a5 there is a 1&3al or conSeb"¥e oblNJatton c(Jrnmitbng the tharty to Ih8t expeThJiture. it is thal a traleT (rf On[x1C benefits wll be required in 5etUernent and the amount of the otlig8b.cm can be measured relwbly. Eypendrture is accounted (Dr C an crU5 basis and has be d88sified under ingS that aggregate al ¢)%1 reled to the category. IAthere txjsts cannot be direcuy attributed to F@t"alar h&dings have been akned to lie$ co) a bS with ts use of resources. ants paYae ar¥ r8rpJ in the yew is rn&Je exceFI in 1h05e e5 where offer is conditional, such grants teing rwiwj as eX[W1bjIe the rJ)ndilions atlathiThJ arè ftjlfiled. Grants offered subject to whi¢h have Th)t teen met at the year end notad as a cornmitmrt t4rt not accwed as exr1rè. Tangible flx•d ass•ts Deprea8b"on is Ynded atthefc&y•ArvJ a1 lates in ordertolwite off eath as6et over its estim8t8d LBefiJl life. Fixtu arKI ffttings T•xatSon The tharlty is exernpt from tax on rfs ¢trwitatle Fund aeeounting Unre8trided fijnds can usèd In ¥th cWi¥es ai Ihe (L%uetiw of the trustees. Re81rKted ndS can used for rest vittrin the oblts of thè d)&liy. Restrtctions arise vthen sr)fied by the OT when fij am Sed ts pwiiciilar restrictvj PU¢e$. Further eXpltiC the natwe and pUFLOf eth is tndutsj in the to theffnancAaS stam. Investments Fixed Asset Inve8trnents e iiit• ai tsr vabje i"th is norrn• the transaclKJn r"r Èxc4uding transaction ojsts. &bseqlUy. they are Measur * frdif value wth thaThJes rewnised in 'net gains I 110&8es) on investments, in the ScfA rf Il tharE5 are wknlidy traded (Y their fwr vue themise be rneasured rebatly. Current Asset Investsnents C88h de[01 SMI aorounts vrith a maturity date of less than one year hdd for inv&stment WryK6es rather to nwtshLNt twm sh commilments. These wo hehj at fair valu6. Cash at bank and In hand Cash at bank and hand S)rt temi IN"gNy invesirnerrts gth a shDrt matLrrity of three mcffiths or1é88from ts date 0facry1th orwNNJ ofthe depositu sinut8r a(xU L•gal ststu8 the charlty Tre chlty is a Charitsbl8 IThx¥Frtyaied IlsatIon The of eadj memiw in Ihe event 01n9 up is linkted to £1. Page 18 ¢x)nb"nuwJ...
Yard Con¥n T¢10 tottFI nclal Statempn or The Year 1 March 2024 INVESTMENT WCOME 31.124 31.3.23 Deposvc 8cttJunt irtere5t 4.ocfj 4COME FROM CHARITABLE ACTMTES 31.3.24 31.3.23 AcMty Grants 215.840 Gr8nts [wXTrj, incbjded in the athe. arg 88 ft4¢YS'. 31.124 31.3.23 Plymouth Cty cCn01 Grants 1V4e rdate to g)wment grants. CHARITABLE ACTMTIES COSTS Grant funthrvJ of activities (see note 51 Direc Support Totsls ctriWle AclTrkities GRATrIT8 PAYABLE 31.3.24 31.3.23 Charitat4e Acbvit'8S 13.S99 The tc431 grxnts to stitUtS thriTrJ the yearwds as klkxvs.. 31.124 31.3.23 and Energy CIC Barefoot CROPS Keyham Barton prim ScKx Kèyham Neighbourhjod Watch Kings Twnerton Cornmunity Ass6( Mount T8mar SthooS Promoting Children in Pln Plymouth P8rknJr Safe aFKI Weljbeing Fhjb Tamar Grow Local CIC The Tree Project CIC Victoria Road Pft"m Sthod Young Mental Health Fc*mdatiL Al Sant5 Academy Exim Dan Ccfflpany K&S Childcar¢ Horistrn Mulb" A£ademy st Budeaux Bapb'st 500 5.345 13.360 500 4,986 {8,3781 250 3,200 5,838 1,830 1.OlXI 11,675 11501 7,051 p19 continued...
Tntc10 Notes to the Flnanelal Statemen For d 31 March INDEPENDENT EXAMINE REIAU14ERATION 31.124 31.3.23 TRUSTEES. REAIUNERATI¢Y4 AND BENEFTrs Thete were Th) trustees, cts berwfib ts the year eTh1ed 31 Marth 2024 nor for the year end& 31 March 2023. During the year there %%ere exp8ns#s rMtrsed to one Inthe tthling £196. FOT the year ended 31 March 2(r23 there were trustees. exe5 pa COMPARATIVES F(IR THE STATEIIENT OF FINANCIAL ACTr4mES Unrestricted funds INCOME AND END•ENTs FRIYAI Charltable aetlvllleB chari18& ktiviti'es 215,840 Investrrwt incryne Total 219 846 EXPENDITURE ON Charltable acttvllles Charitable P£tiwbes NET INCOME 187,237 RECONCIUATION OF FUILIS Total fimds brought fomard 952.27 TOTAL FUTrL)S CARRIED FORWARD TANGIBLE FIXED ASSETS Fixtse8 arKI fitÈitvJs At 1 Aprfl 2tb23 and 31 2024 DEPRECIATlaY At 1)WI 2023 Charge foryear 117 At 31 Marth 2024 601 NET BOOK VALUE At 31 Marc* 21Y24 3S2 M 31 Mareh 223 469 Pe 20 C(b"ned...
North Yard Trust CK) to thp Finan ntlnuEd 31 M¥ch 10. FIXED Ass INESTMENTs Unlisted investments MARK VALUE At 1 2023 and 31 Marth 2024 NET BOOK VALLE At 31 March 2024 At 31 2023 50.OCK) There re Thj investrnrt assets cwts¥Je the UK 11. TORS: Af410UNTS FALLING DUE VIITHtr4 C*4E YEAR 31A.24 31.3.23 Prwents 336 338 11 CURRENT ASSET INVESTMEPffi8 31.3.24 31.3.23 Other 75.0) 13. CREDITORS: AKiouKfs FALUNG DUE YWTrIN &YE YEAR 31.324 31.&23 other ¢Jedit 1,584 14. Net Trartsfers At 31.3.24 At 1.4.Z3 in funds Unrestrlcted fvnds Gwer81 lund Designated Fund 1,114313 ITI.130 25.561 l J16,994 1316.994 TOTAL FUNDS 177 130 Net movement in in Ihg aLe we as fcllcyhB.' ITthmirMJ ResourcEs Mov•ment res expended in fvnds unrestrict funds Gener31 fd 260,2ff2 173.072) 177.130 TOTAL FUKIS 177 130 Pe 21 connU...
H rth Yard C(YTh CK) Notes to th Fi The Year al Statemeni5. lff0VEMENT IN FUNDS. conllnued Net Transfer8 At 1.4.22 in 31.3.23 Unrestrithd fund8 General fijnd DesigBt&J FuThJ 951627 187,237 {25.5511 25,551 1.114.313 951627 1.139.864 TOTAL FUK)S 187237 IncYffliryJ Resources expended Movement in fiJ)ds Unrtstrithd funds General fijnd 219,846 132,6091 187,237 TOTAL FUNDS 32.6091 187,237 A oJrrtyw 12 m(xJth5 prioryw 12 mcth CLxnbin&J fC1h. Net TsfS At 1.4.22 in funds 31.3.24 Unrestrlcted funds General lund 9F2.S27 1,316.994 TOTAL FUNDS 952.627 1316994 A oJrrent year 12 nKrths and prTr year 12 rThnlY Movem in knds. in the above aTe as fdlows.. Irrming Resources re5cCeS eXndEd Movetnenl in fur$ Unrostrlctsd fund Gener 470.048 1105,681) 364.7 TOTAL FUI 105.6811 364 7 Purpos• olfunds The Desiated fund rdates to der mulb. year grants. P8gÈ 22 ntinued...
Tn to the Fi e Year Ended ents- c<)ntln 15. OTHER FINANCIAL COMMITIENTS . The caiity ha5 made the fc41thbiThJ (xmnm Tg fvryj Prornoting Chil(tren in Plymcth £46.716 owthree year5 payat4e In 6 monthty in5ts1ments. Addibonal to pay £13.389 to Prcffioting Children in ptyrn over one year. T5 ¥4ill b8 rnade of the deggnated lund. To lund Colebr(x)k SW Limited U.884 CPH bee yews paya)le in 6 rn(vthly instalments. Thi$ ft4éing wll be ade out of the designated nd. I& RELATED PARTY DISCLOSURES There we no rdatwj Fwty trsaCtI)nS fu tha y8ar 31 2024 rKx kn the year onded 31 March 223. P•J& 23
Norlh Yard Comm Trt CIO etslled S tement of Flnanci For hey rEn ed Actl¥lti 31.124 31.3.23 INCOIAE AND E0MENTs Invé8tment Income Deposit acnI interest 7,82S 4,006 CharftablE a¢tlvllies Grants Total Incoming rèsources 250,202 219,846 EXPENDITIJIE ChaAtable aetMtIÉ8 Wages Sundiies Grants to lnstrtubcS 1468S 181 16.480 81 69.073 30,260 spOrt costs Man8gÈment Insuran IT costs Depn of fIre$ & fftbr¥Js 367 347 178 156 Flnance Bank tharges Governance Costs Independent exarnit)8rs' fee Legal fees 1100 936 1.584 Totsl resol5 ewd&J 32.609 Net hcom 1n.130 187,237 This page does form part ofthe statirtw fnancia statsm Pagt 24