REGISTERED CHARITY NUNW: 1171099 rt ofthèTn￿ttQ3 and Unaudttd FknarKlal Statements The Yèar Ended 31 Yard Conun Tnwt CIO TC Bromhead Ltmited Harscomte Hc*Jse 1 Darkwe View PIynK￿th North YaTd Comm CIO of e Flnandal Staterne Ended 31 March 2D24 Pa98 Reference and A￿￿1￿sIr3¥¥Q Dgts115 2 to 14 Inrwidwt EXaMh￿ts 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 (re￿e￿ 19.5.231 Cllr B Patel1￿￿￿￿e￿ 19.5.231 Cllr M A Cc&er (re￿g￿ 23.5.241 CllrT Tu(*y (resigned 23.5.241 Cllr J Mccarty (appointed 23.5.241 CllrA F￿e[￿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 D*￿akevIeW TRUST ADPIJNISTRATCII Carr4ine P Lknyd5 TSB Bank F Detys Cros8 Ptymouth Trt*t CK) Re oftheT 31 The tnMtee8 FKesent thar rwi %%gth the finatKFd st*mwts of Ihe rtsity the year Ond￿ 31 M8rc* 2024. The trustees have ￿l(￿ted Ihe prowsirjns of Pryountir¥J ￿ Rewtrng ty Chariti&%." Statemerrt of R￿rnmended Pr*icE appli￿)1¢ to tharities preparing their aC￿lMIS in accor￿ ¥Ath the Finanox* Reporting Standard appli￿ble in tho UK and Rewc of I￿land (FRS l(r21 lelfeth 1 J￿ry 2019). Refwen¢e and adrnlnlstratlv• Inforniatlon Th? Yard c￿mUThty 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 i*wilable pwoses tr Ihe b￿￿fit of the c£fflmt￿itj"tS in the nevJhbOrtThJc￿S of Ba￿ Barton. St Budea¥LX. frfjngs T¥m¢rtw. Westcm V4Y ar¥J lprtal and ha￿1r￿j th8rsWe status. Ort 1st Decemt*r2016 the TNst*i8d lo Chwity Ccfflrnissicffl to become a charik*le incowated org8nIsati￿ ICIOI ofthe nane (North Ywd Comm4mlty Tntsfl 8NI Ihis vrd8 formed and f0m￿lty agreed on the 12th Jarwary 2017. The Norlh Yard Cornmunty Trust CIO ts ty 8 ofa (*￿Ilat￿e organisation, only voting members are rts Trustees. ￿ pwp05e ofthe North Ywd CommLmity Tnjst CK) Is 10 award grdnts Ihat meet the ¢riteria and rnainta￿ thancial stablty th& bclh ￿K1 ￿ ttEfutye ￿ to conb'ThJe to meet ckwilios objectpves. The Board The 808rd is up (rfup to ele￿1 T￿￿v￿￿) rewe￿t ofthe ccfflmthiti.ès in Ihe area ofb8nef4t 01 the e￿Ven Trustees. seven ￿￿￿eS we alLx¥W for RevAdent T￿jG￿ aTrJ fryjr for CoLmullty Trustee8. The Crit￿ ts both allOcatic￿ ar6.. ReBidenl Trustees- ￿ to seven Tnthes are selèd8d frixn ts 3rE3S seNed by Ihe Trust The breakdown of allocal&J posibons by arts One peTSU) representing Keyh￿￿ One peTSCn representing Weston Two people represenb.ng Bame Barton The ResTdent Tw5tees rrytst live in the ¥ea Ilw ¥*xdd ￿kekn reryes•rt for a vacant pogtion. or do repr￿ent if they are currenly Trustees. Council1￿ Trust8è5- UP to Iw TnJ8tees are aFpoinled ty P￿rAth City C￿(91 at trtyr Annua GenerJ Me&ing each year. ForThEY The breakdNn ￿ albxgw Fy)sitKm$ by arga ts." tknÈ Councillor¥tho 15 elected ￿ represents tsward of H￿n- for Weston Mill. (￿e Counallorvtho is elected and repre$￿ts of DwW- tr WhBm. Tvn Counallors who ar• rer*e8ertts wwd ofst BudeaLK-for Bame Barton, St BudBaLLY and lfjngs Tamerton. AN Trustees TegisteredvAth Charity CC¥nmi￿Cffl IONI Ihe Board *. a$ port of1heir intmduclion, are expeded to meet wilh ChaiT orV￿e 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 indui*on, are prowded with cc¢)ies ofall p)r￿eS aTrJ wctedure The North Yard C(￿muntr Twst CIO cwrrenty has el￿tt Tnjstees atthe ofllls fiMntsal pwK¥J vAih ajl fc nc4ninated areas hamng a reprèsèntati￿. Ofthis fcAW N¢yninated Tnjstees fwr are Res1detrt Trust￿. This r￿l￿b&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 m￿ernent d Ihe TftLst and Ix4d rewlar meet#iys in ordÈrto ¢onÈid2r yant appf¢cabons. These a￿ hdd li-monthty in th& mcfiths ot. Jantsary. M*th. May. Juty. SeF*mber Novem￿. There 8re four grants av￿1*￿e for projects, acbvibes or events th*vAI b￿ffit wnmunrties vrithin the Ncth Yard Communty Twst CIO area of ber￿ These a CornmÈJr4ty Grant: this is a g￿t 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 g￿t can be avrdrded for a period of LP to trY•• y•ar& Org8nisalion8 rannot hold rno¥e than Srnal. MUM￿year Grant at a¢ry one tine, hcr¢m•r, organisèt.ons that are in re￿pt crf a Smai, General or Mults" Gr*tt may 8150 for 8 C(ynmunty Grdnt. An organi8ation apFtying to the T￿￿t for ￿ Smal. Genwa (Y rn￿t ensure thatthe eYdlLtaticn for ny wemous gra)t has be￿ oynpleled arnl by Ihe Boa Grant F¥eth3e.' Ihis is for 8ppli￿S 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 eX￿d cosls. The Board inform the applic¥rt using a Grant Pledge Letter ofthe amount aiocated to the prryeGt or •Aiwty. 0￿e all ftJnd5 have been seujred a Grant Pledge Release Fomi is completed by the aFvlrAnt ar¥J *ill te transferred. Dur￿9 an aW*2tion meth"TrJ. the Board (*8cuss gr￿rt eVaWIc￿ other i￿sin•￿s, &% ￿￿¥*d. and lime alk)ws On the dtemative months of Few, Aixl. JLM. AiJgJsL De￿nbeT the Board schedule an admiristrative rneeln9. Th￿ tllEetings. lThw. may oJKeled rf reoired ap￿r￿110n 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 develOpm￿ts in charity pracb.ce and regul&ons on an I￿9￿1￿5 ba&'s as rBqiired. with a minwnum review of c￿ce a year. Duriny meeting& the B08rd may be irfoKmed of ary to a swcessfith applicanys project, event OT actw, or sc*edule which Trustees will acwt ￿ inwtatyon to visit a yc4e(l or evenL Th8 Board disGus8 any other I￿sInesS vthich may have arisen. The Board also use ￿lMI￿￿￿trave 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 OppO￿nty for the Cunm￿l￿e$ 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 Trt￿tee5 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 evaLEt￿5 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 pc￿￿tial applic*ts 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 Pl￿nOUth L￿ake FoundatiLY) *e the erTWoyer5 the North Ywd Communty Trust CIO contribut• If of hersdary costs for F¥Dviding athun1strati￿ to Tnjst The Twst C1￿￿nueS to amend and refine QLV ar¥J eVahjati￿ pyocesses to ertsure best 8t 811 timès. The Trusts aCC￿JntiThJ arrangements arHI all reporkng are IT￿ by Ihe Treasurer the suppc*t ot tsvo TnJsts•s. Fina￿￿ Report5 are wovhled at every meeliThJ to enm tr&)spaTW and a￿￿)unb.￿J responsibilty. An a￿ntallt is employed to ensure the Tr￿1 meet atl lega les￿S￿be5. The website is ho5￿ by Mr. Tim CaJ¢yJK at Skny Cl￿nE(l T￿) Thxninated Trustees arKI M5. Perry are reSpc￿S1￿e lor the rnanpggment oflh¢ web*. Ms. Pory ovwsees day-tw rnanag￿nenÈ. 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 We￿te we also wovide Cal￿3nCe FLThling. al I￿rn8 aT￿ ts Tenns and conditic￿$, bthich can be d0vn￿￿de￿ in paths lor eath speofic gmt. The Twst 4$0 utilisps scoal m.mwly F￿eb¢ok Twittw. succssth to tsg us in their posts. We provide up to date infrKmthn Tegarth'ng the grants availablq sutMni55ion dates applicatic￿S 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 I￿1 areas whith may be ￿ interest and benefft to the crynmunitEs w*hin the NYCT CIO we& Tr* divetsity of p)sts ￿ thg pw has hay rrritive feedbad 8rYl the ￿mi￿r of peLWe reached tr) grcw eath rnC￿th. The Tru*ees have also atlendiNJ Ihe Cxynm￿Mty the last year, sther6 we were able trj provid& infomiation St￿Ut lh• Trust This hÈÈ ÈnatrAÈd Ihe TTh￿t to meet p￿tial 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 y*r has iEvease may. in W. be as a result ofttll& Tnmtee RecNlknent There is a recruthent prcw in pl8￿ r¢mibThJ tnjslees. ArTI￿AbOn f￿rn5 and asSCtiatgJ paperw￿￿ along with Ihe recnJtbnÈnt prc(ess, 15 rewiv•JEd each year ty the Chair and pr￿ted to the Board 19 enswe Lwt P￿ticE is al the heart of ourwyk. V￿ncES 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¢ S￿rGe. Trse vrishing lo apply are requestgj to email or cal M5. Perry as the ol ¢thtact vtho 8end the ap￿iC* a Truslee Vaeaney èXrA￿ns wè and what do indudes the experted commitmerrt we requiie trotn Trustees SO those 4)ptying are wdre crfthe resFonsitilty ccthwnibnent they [￿ed lo m*9 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 re￿ipt of ￿ apFlicabonl51 the Board revpw Ihe 4¥11(atr￿S) at the next SChedul￿j 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 T￿￿1. Upcfft Cc￿pIe1l￿ of Ihe Inlerview and after re￿￿n9 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 LK*th 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 req￿tEd 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 all￿7ng the w trustee *quate op[#)rb￿Ity 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 a￿￿ed by the Trust88S at th•r 8nnLJ81 meeting ly at arN clhermeeliThJ vknen an 4yl* ts tewiFe The prinopal risks r81ate to cpw8tttt￿ r￿5 in twms of m rn*iTrJ. investr￿￿rt perknnartt and reputslional risk for the tharity. Operational I￿91L. There is a risk ofthe Tnjst recetviThJ grant 4)pIl￿tic￿s •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 r*cted in I￿£￿e. tr* T{￿t Fs rJJnfident that thts risk is minwnEed. kn an area of diverse comml￿1￿eS. 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 rÈc*ve. By using all avaiL4iAe avenues to ther1￿e ￿ 9rarts, wiring all apFAicants to ackTh)vAedgE the f￿dIng 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)mML￿1￿es. SUCC￿51￿1 ￿pJ￿￿%nts are shown on our websrte and 50oal rnodia and we use opporbJnibes s￿h as drop-in S￿l0n5 tt) promole the Trust and ¥AMt we Ilo. Th& Trust *TII refer requirÉng support with grant ￿lthng to organi&itions provide suprrf enS￿r￿j 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 ap￿ica￿"t￿ &age by requesling that al ￿plIcants reaj the G￿dance for Fthding. The Trust has C￿ar 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 c*angrwJ tho bÈnÈfirAaries or use of Ihe grant must be agreed by the Trust pricf to cCfflmen￿rnen( th￿efC￿e minimisThJ Ihè risk ofthe fv￿fjng ￿ reachry the beneffioaries it was Intended ts. ere the Trust requires adthtiond T￿lls and CcmdlbL￿s Ihe grant f[￿￿11[￿J the applicant must read and slgn those Additional T￿m5 and cond￿"0￿5 Pri(x to reLEiving any I￿1￿J. Ilems that Tnjst VAI and nol fvnd are listed on the GuidawKe for Funding arKI the area of benefrt is de*ty 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 n￿nIng that postco(las of ÈXISb￿ useT5 be yupplied. It also st*s 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 CL￿fin￿ed before a gwt payment is m* and th8 p8ym8nts VAI only go to a reglslered acwunt in Ihe name of the Organisa￿On applwThJ. We also rewire a ful financial bTeakdow) Imth receipts andlor invol￿S 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 c￿p￿ted at the m*tynt of each yèaT (i.&, after 8 mcrths of t￿Ing awarded) and an evakjation has to be SU￿￿tted before the next peri(x1 of pay[w￿￿11 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)￿1￿1e. and be ched¢eJJ aganst the original application and aYr￿d rna(to. It is made dew Temis ￿ Conditions, Ind￿11[￿ rf appli¢*)le the Additional and CDr¥thts.￿s, awwd letters all g(1da￿t 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 req￿ted. Anots￿r 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 ￿ fin￿al eVKIer￿ This is dearly staled in the Temis and Conditions. There rAn be no ftjrther awAic3brms fimding aTrJ by the Twst %%thÈrÈby thÈre 1$ ￿ ￿tsn￿lng evplu&on by any O￿l58tion. FOT mdl-year fijnding IS Teleased until the Trust ha5 received and Jreed the prewous WiLxI's evauah(￿. are sc¥eeted arwj c￿S m￿t trj en8urÈ that 811 requeste(l ￿fO￿nation paperwork is submitted before the aPFl￿atic￿ is discussèd by Ihe board. The Trust require Iwo unrelaied signatc*ies 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 buIldF￿reMedral wclk or the wrtha$$ ol itan8 mltst bp a registered txjsiness. These th￿S enable the Trust to engJre that the oryarNsabon81 risk to the Trust is well rnanaged. Cryrniu Tru￿ any reports prodU￿d by those the TNst wwests in. The Tntst W the irt*rent 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 laU￿Year Gratt is ￿ftrded. the ftll *nO￿lt a448rdtd is ￿nc￿edged 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 adeq￿le ir￿Uran￿ cow wilh PL4icy Bee vthieh is rÈwewal eath year prior to the wAicy bw¥J revievrtd. Thè Trust 8lso r￿*W a rknew* tirne otsr Insur￿ wovbders to ensure that we receive the best pdicy and cover ts the Trust The Tnjst dearty al exF*A&J out9￿n9$ for e¥¢h fin8nad period on Ihe Treaswer Reports and Ihis ￿sUre$ th8tthe Tntst 8r* ofthe ￿tEC￿tIOnS throUgh￿Jtthe year. Reputation: Best practi￿ 15 at the heart of all of rw t•Krfk ¥Jd we ￿d68¥C￿lr to thisurè that corrtac* ￿1th the public and appliixrts is dont in a proféssional and ttAJrtÈthts w. Twst rnaiTrtain a pO￿t￿e and confident approath in all interadions wth the pU￿1C 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 b*dl 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 re￿dents 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 safeguardI￿j 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 c￿fim7 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 of￿ant mthng deC￿lc￿￿. The ￿fiIcts are managed with proper prC￿￿re5 #l Fla￿ vhwch am Trustees are aw¥e Of￿ ￿here lo. Envlronmertal: All ap[￿￿￿C￿S we CCfflF4eted e1eCtrry￿Y ￿ the Tntstees re￿1ve all th*r meeling do(xmerrts electronicaly. t￿lS red￿Ing the ne￿1 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 c￿￿M￿nELY Twst CIO u)me5 a SeclTh 106 agrepment be￿n 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 ￿£1￿j,C￿KL 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 CC￿n￿￿lty Trust CIO ojntirwes to acc• aFplTcatic￿S frcth uganisatic#)s meet the uiteria whith is tsken Hrto conyderation vhw a&%swg <)￿lcatiOn& No from iThfvtha15 are cnnsidered. The Trust on Con￿derS applications frcyn c(g￿lsationS Tr*hose wcposed evrt thty C￿ project ￿n￿fft the o)mmunitiès ol the North Yard Commurmty Trust CIO area of benefiL Al sp￿1￿￿ at ly)ih a￿p1￿￿On 5tsge. rf rt is an existing prqect or actiwty, and at the evaluaticffl slage must pyowde postcodes to en*de 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* StrE￿nhIBI 11Th of applicatic￿6 BLi)mitted electronically thjring this ffinancial pertoj. Tn* CIO Step by step ￿lde1Th$ as to to 8Ff*y ID fhÈ Trirt uiteria w10￿natI￿ ￿ how to 8thnit the appIicatic and vth8t should submittpth wth Ihe can L* tho rt￿ed grant packs Tr•thich are avallable on thg website or on request by emal or The prc*Ass is ÈxtAY4r￿d deaty on the web5rte ond feedback recerved from applicants is that the pro(*ss of ap￿￿7r￿j 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 f￿dIrVj for prqects. a￿NItieS events a)d r￿ESt SUFVCrt from Iho* wow(ling fi￿ding, orhthcffl they a￿ w0th￿g %%ilh. ￿ S￿)rA￿l IA*h the ￿1￿10 lap￿ICatiOn forn￿. akry wth tenns and Ex#w*ic#)s, aThJ rnI•￿rt sFec}￿to gtsnt (xn be dNthaded frC￿ th& websitèvMv.n(tyd¢x)mTnur¥tytrV5L￿g.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 appliCati￿S *e considErwJ on t*5i5. The TnJsttA cfjn*dÈr fi￿￿ling requests made ty organisab"on5 Ihal are reapp￿Ing for a grant where there is ￿ (xrtst8nth"n9 eV￿UatiOn 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¢)Th11￿tsn 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 Orwlsa￿n. Reg￿al c4)ntact is ma1ntrdtt￿d ￿ rerApEnts ￿grants for mC￿ltOn￿9. The appI￿ants ccIn￿de Ihe Tewms and at a￿ti(ffi W and, unkn there we Addl￿nal Condition5 att0th￿ to the gwt award, once a ￿SiC￿ is made ty Iht Board the apFln2nt is withii 5 war￿"r￿j days arKI the fijnding transfeTheJl to the ncKnin*d 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 u*d thè amtAJnts al￿ted by the Board. No fvnding ￿ be transfwrBd unb"l the Chair or Mce Char has r•c*ved this form back and c¢mfjmed 1hat th¢ form h85 bw5 COTrecty ￿ffi￿eted Fu dl suc£6sthI SPFI￿antS payment i8 made ￿ onjuie banknng roquiros ¥0 authoriÈed SIgnat￿leS to authorisethe paymttrt ffi txwof the Twst. Where an applicant has ncrt secur*1 (￿1 aruint reqL4rEd ts the PToi•cL athity or Èvent the Tr￿1 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 aG*Miy or fftnt ithin six months. unle5Sthete are excepb.rywl an￿ apF4icatrons are rec￿ved. Kl& Pgwry WKJ tr￿ Chair lh* al fv)fonnalwJn is receiv&J fron7 th applicart the form is CAYrècNy rA)mrAet8Y and s￿n￿l. (mce that is dwe the aP￿1￿.c￿s are sent to the Tru51ees who follow an est8bI￿hed prccess. The aFY"bc*.¢￿S the awja aThJ to the Trustees in adv8n¢x of th8 meeting. A'D￿aTali0n 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 p￿￿on cf (￿an1s￿.0n 8ssoryated with any grant app￿.cation gtgnt eTrr4lLth.￿. The pdicy is wt to al Tr￿￿ee$ aml form5 Part of their trainirrfJ,' e￿stIng 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 into￿L The deaty sets ¢￿￿ the prfttdure during rneetings where a conllict of Inte￿at ￿Se8. a Conflict of Interest or Loyaty is (kn￿ar￿j 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 Loy*iy are r￿n0ved 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 rn￿th 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 t￿￿ht and the anounL Page 7 31 IAarch Where a M￿1￿Ye￿ G￿nt 18 thyard￿, Ihe mu51 suthii a Mid Report after gx a￿1 ¢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* ot4ec*ves set cw( re￿Ing the intended benefici*ies' and is using the expenditure as avrarded, then the next is ￿leaSe& TW fdk)w Ihe Same W[x￿￿r0 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 r*ed to be adjusted as prq"e(ts do thange organically over the course of time. The 8oard also request that a rBviEw is fxMllple￿l 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 s￿X£&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 ce￿mU￿￿ty. The Trust ￿mIerS￿￿￿￿ Ihal sometwnes ap￿1¢ants need to adapt their projects. ￿￿"V￿"eS or events and are frJlty c£¥nrnrtled to supporting our ap￿ic￿lts to delNer th￿r 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 ensu￿9 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 Perfomi*n¢e Applic*w)ns ¢￿tinue to be re¢¢iwJ tly0ugh￿rt th8 yw uTrnt opwating procedure ￿erebY TTUStees eet bi.monlhty to consider apFAiCat1￿ prc￿sseS are effeL*"ve n ensuring all 1nt0rrr￿t1(￿ is cdlecte(l and presented to th¢ Board and th* rneeb"r¥J the crfthe Tr￿t remainB a Frfmyity when decisions ￿e mats. At times during thè scrttning of the applicaions questiorts n*J 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 Tr￿t and Ihè (C￿ gratt availatde and this is recognised in the rising number of th£￿ ewuiring ab¢#rt gr￿)1 funding ts ryoje(a& ￿￿¥1￿eS and events. This year the rrtmber of applicab"on5 i&eiv¢d has risen from the yw by $7%. PWtstw)ns this yèar indudèd 8r*wc￿nenl of cYKnmunity spaces, events to bn.ng ts commwiity togekn. to s￿Ort yC￿g Fecfle taking part in differetrt spotts, to fvrth¢r th¢ edU￿ticI￿ opporbjribas young Fecyle, awa￿￿, m￿1 hp81tr and to bring wr diverse cwmunty together in gr￿p8 wth a wsty of *thitiÈ& ThÈ Trust fil￿ed 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$ m*ng 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 %Mdesiwe*J, isdatèd to ary tsne group. The impacts of the wtiiécts ffijnded have had m*ry t)èr*frts to oynmunities I￿￿ding ethalional benert soaal and emotional benefit, w￿￿b￿ng and physical b&)efrts. In total for 8CwUr￿￿g period of 1st 2W23 to 31st M￿ch 2￿24 the Trust recsved 17 apF4i¢atlDns totslling £207,056.47. 01 Ihjse 17 ¥I￿•ca￿0nS. 15 Wtre sL￿CesSf￿ 8nd wèrn awardèd fvndirrfj vth a Iota of £140,286.24. The amount of £1C6,203.20 is riTrjfe￿d for3 rnulbyew gTar*s. During ffnanrial period. ￿p11(a￿onS ￿tre recwved kn all of the Wdikible grant ￿ries. The Twst saw an I￿eaSe in the use of all fouT grants frcrfn the y￿r befr￿¢. The bTeakdo*n of g￿t types for t￿$ rep)TbThJ Six Communty Gr￿ts (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 a￿aded a gr￿rt thjrry tFws ￿¢>￿.. corryn￿Ity 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 tO￿ther 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 eV￿￿ng errtethirwnent. The event was led by thE vohjwtsws who vyyt aKI run Lwtre. Saf? WK[ SWFKI WeJlt%ing H￿1 y￿e &￿T￿ed £2￿ try1￿dS the affi&ati"on ￿ tr*)xers in the local area. The fvnding enabled local yO￿g Feo¥le to lake Fqrt ￿ the BFrfJrt tr*iTh3 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 ¢n￿Urage Gonvorsation gbcwt Small envirDrwnenlal acb"cn. share ideas and celebrate progress. Those tsking part kwnt atKJut rnosses and Iheir on the ￿VironM&￿ and tr*y %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 ser￿j ¢(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 rterar*aThJ t*e part in thfferent aGtivibe5. The Tree PrqeGt CIC %%Ere awarded £5￿ towards a M05sy trip lor the Welltkiro Wdrriors Youth GrL*Jp. 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 t*￿ge. 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(Xnrn￿tty Tnjst CIO of prO￿dry Y￿r￿j p￿[le wth the Oppor￿nity to explo￿ neurodiveryty and the impacl they al have ￿ ead) ots. Page 9 Norfh Y¥d Cofflm Tn￿t CIO ortoftheT 31 March 2024 ForT General Grants Ptymouth Drake FC4jndatiC￿ were &¥a￿le￿ £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 b￿efit to a fiv&d3y sidenb.al at Nethercott Fam7. Th￿S prowded a ofnew educatiC￿4 opportunit*s for the yOLmg peDpIe. Plymouth Parkow %Ere awarded £2,640.IXI 8 12-l￿ek PToiect run in Bame Bart(￿. This was for young people in the lo￿1 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 t￿￿CtionS with eath oth¥. Mourrt Tarnor Scknol were awarded £4.981.51 fr)r Ihwr ¢JJtdow e￿￿tion proied. This en￿e young peO￿e to experierte different sp￿ts land in the water. Provi(litYJ &4urAtion81 cyportunities for the young pe￿p￿ aitewKling Ihe sthod. Keyham Barton Catholic Primary Schwl wwe awarded £13,3eo.t)J tO￿￿S rejuvÈn8ting the library space and to purdwse new resources for this to incre&8e tr* ethXxb.¢y￿ Oppo￿r￿l￿S for th? young ￿¢ple attending m￿11 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 s￿h as hygiene items to SUPFYJrt their 18mity. Cotebrook SW Ltd w¥e •arfed £39.e84.rxJ over 3 Yea￿ to Mi a WellL*irwJ ts kqen grDUP, foDJsing on pracaical aeb"vib"è8 induding csafts, gardening, aml (￿k1[￿j vthitst creating a sale c£rfnf0rt8t￿è etNrrmment opport￿thes to discu55 a lar￿ of tQPiCS iFK4u(*"ny heath and Well￿Ing. Ptymouth tknke F￿j￿latiOn ￿Ere £46.716.(K> to the Dolty Partc*7 Im8gin8tfon Lbi rary lo ttte NYCT CIO area of benefiL This project wll gift a book to be delivered every ML￿th 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 fv￿rE liablities have been created. The Trust recogn￿￿8 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 peiic*l Ihe rtext instsknent of the grant has been paid. alongside the rern￿nIng 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 ￿1￿ promkty to ¥j￿icatIonS for fijnding. Page 12 T1￿c ofthè TYu5 For SodBt wnedia continue5 to be a 9Jod avenue to F￿r￿¢￿t TnJ5t the L￿￿1￿9￿. thrpJ *iih events. activiti8s and prcied8 in the Ic(a areg. We have seen a riye in Ihe n￿nter 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 g￿n maximLwn exrrfALre. Fe&Jbac* ha5 bo¢n po&Dve, ￿rith the shamg of other aV￿lab[e gr￿ paitiuA8rly I￿nefri￿ to those digitje to wty. We sea thè addèd tr*nefft of CC￿tinuing this to ￿sure that those wthin wr c(xnmunities vtho wuire funding can acc￿8 il frryn soutow. We use s￿#al metha to infomi those wanting to akwy ofthe date8 of meelings and when it)fc￿MatI￿ nèèds to be sutffirtted to Ihe Trust. as well a5 any Oth￿ telewant infoyrnatron ab(￿ the s￿h as vacrn 8tten(hry events or I￿"ng dtup ins. Over the corning year we VAI to d￿k)p our scrfial [￿esen￿ and how we can improve what dD on soaal media. WE k￿W that there are Flatfcrfms such as Tlwwls emergng and the Ttust ar¢ Iudting to rn{x￿nI5¢ aH avewe8tO PTCffiCrte the TnBt the wrAk undwtsk The Trust cont*we5 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, assoca*e the local wcieds. or events that have rewed funding. It ks a positive way to Éntsr8Et and 8haTe inrc￿matIOn aboth the TnJsL We in the CL￿1n9 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 pOl￿tial apwrcents vkno have ql￿Stil￿￿ 8tMxrt 4)Ity"￿. those wanting to apply to th¥ Trust k)r a v8carv on the 808rd or for those need help (X*n￿l￿￿j 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. I￿r 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 c￿tinue 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 ev31￿￿c￿S, 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.ffere￿e that the funding h88 made to ow local commvnit*s. The wnpxt has been WKI marry ￿j[b"r￿al beneffts. rK)t only to those who were invdv&J direcuy bui also thos# who v￿e indir• invcfvej. y￿jThJ 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 ts￿ng m but fci their familièg and the wder etsmmuI￿ty as a whcle. Tht TruBt has Seen. thrc¥Jgh atenthing everts. reviv￿1[￿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 ￿￿n￿4￿.1YJ a rqvJrt tstyw 8top aThY the iM￿&th￿l￿ frjnding has had on Thjt just the intended beneficiariès indiredty to those ar￿jnd Ihem the $upp(yt for OTganisaticffjs ap￿YIng that the ￿ndIng ha5 prO￿lded. 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 I￿thn9. 75% #M ¢¢y￿"n￿1rQ to Fm*7de 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 bon￿riSr1è9,. this could have been educatiC￿￿, leaming a new thl. imprDVry thwr th￿al or improvirvJ th￿r mental heallh and their wellbeing. is an Important lasing impaci thc6e b￿fici•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. Ho￿Ever. knry*ing that the fl￿ding has rmm.ded a beFrfit and is having lasting impaci has rrEanl we arg meth.ng the c*iectNes that the TA￿t￿aS 8stabhth￿j kn. Page13 North Yard Con¥nu T￿￿tc 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 el￿￿n￿lng 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 th￿k those that y￿rn[￿ed evaluations toky the unpact the fvnding has haj on for t￿1r organisatr.on and the l￿nefi￿￿e> 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￿ Ir￿1g￿￿ aThl wion for 5￿porting the Twst and I look forward to wrt)tinuing thÉsjourrey overthe r*xt 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 gUid￿Ce 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 fc*the purposes of compw lawl yrxj are re¥JonBible forthe eparaticffj of the fir￿￿￿1 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 Ca￿led ￿der seLtion 145 ofthe Chwrtie5 N£t2011 lthe 2011 kt). h) carying (Mji my examination I havè followed all the ¥JpfirAble Ll"r**ons givem by the ChaTrty CL￿￿$$1￿ WKler sedIc￿ 14515llbl of 2011 A Indep•nd•nt OX8mlrnfs statemwrt I have oynpJet&J my exWnir￿II0n. l that no c(fr* to atten0￿ in ￿nnectiC￿5%1th the examinabon givi￿ me tsuse to beliove that in any material ￿pect • aCCou￿.ng records ncl W in Tespecl ofthe as rEThI￿d 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 ra￿￿ents c)f8ection 396 ofthe 2(Th Act 0th8rlh8n any requiTement that the attounts gNe a and f•"rMe4vwtsth is not a m￿r￿n￿lder￿ as Fortof an independent examinaticn.. Lf . the Statem￿ have ncrt pryed In ￿cC￿da￿ the method5 winaples oftht statèment of Rec￿mmended Prac11￿ ac(LKth"ng and repoTbTr3 by clwTbes to . thariies prepari¥J their wAJunts *ith the F￿￿￿181 RepOr￿r￿j Slandard aFflicth in the UK Republic of Irdand IFRS 1D2). I have no cOn￿M5 atvj have ¢xme acToss othermatters V*Tththe exanilation towthith a￿￿)n should be drwm in this repcrt in cyder to enable 8 w(4Jer un*st8rKling 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 Cha￿table aCtivI￿e8 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 b￿ght foThvard 1,139,864 952,627 TOTAL FUNDS cAR￿eD FORWARD Page 16 N¢x*h 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 ASS￿8 LESS CURRENT UABIUTES 1A16.994 1.139.864 NET ASSETS FUNDS Unrestricted fuThJs 14 994 1.139 864 TOTAL FUtr£IS na81 sl8t*ments 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 statorr*nts 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 'Att￿n1•n9 and ReporbThJ by CFwrtbes.' Statement of Rètrffiirnended Pralice aWio3tAe to dwbes prewing lh￿r W￿unts in acwrdance with the Finanaal Repotting St8ndord applic3t4e in the UK and Re￿￿￿1¢ 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 I￿n Fryared und¥ the histrjrical c05t convenlion, the exception d 1nve51ments￿£h are induded atrna￿et vau In¢<>m• l income is reco￿lSEd in fv stateffi￿ of Finwal Pts"wlies the dmity has wtitlem￿t to the fuThJs, rt 18 prctable that the be r￿Ed a￿1 the ￿ Lzn be mea￿red ra*Ay. GoVer￿ent 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 conS￿eb"¥e oblNJatton c(Jrnmitbng the tharty to Ih8t expeThJiture. it is thal a tra￿leT (rf ￿On[x￿1C benefits wll be required in 5etUernent and the amount of the otlig8b.cm can be measured relwbly. Eypendrture is accounted (Dr C￿ an ￿crU￿5 basis and has be￿ d88sified under ￿ingS that aggregate al ¢)%1 rel*ed to the category. IAthere txjsts cannot be direcuy attributed to F@t"alar h&*dings have been akn￿ed to ￿li￿￿e$ co) a b￿S with ts use of resources. ants paYa￿e ar¥ r*8rpJ in the yew is rn&Je exceFI in 1h05e ￿e5 where offer is conditional, such grants teing rwiwj as eX[W￿1bjIe 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 exr￿1*￿rè. Tangible flx•d ass•ts Deprea8b"on is Y￿nded atthefc&y•ArvJ a￿￿1 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 obl￿ts of thè d)&liy. Restrtctions arise vthen s￿r)fied by the OT when fij￿ am ￿Sed ts pwiiciilar restrictvj PU￿¢￿e$. Further eXpl￿tiC￿ ￿the natwe and pUFL￿Of eth is tndutsj in the to theffnancAaS sta*m￿. Investments Fixed Asset Inve8trnents *e iiit• ai tsr vabje *i"th is norrn• the transaclKJn r￿"r* Èxc4uding transaction ojsts. &bseql￿Uy. 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 v￿ue themise be rneasured rebatly. Current Asset Investsnents C88h ￿ de[0￿1 ￿ 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 0facry1￿th orwNNJ ofthe depositu sinut8r a(x￿U L•gal ststu8 ￿the charlty Tre ch￿lty is a Charitsbl8 IThx¥Frtyaied I￿￿lsatIon The of eadj memiw in Ihe event 01￿￿n9 up is linkted to £1. Page 18 ¢x)nb"nuwJ... Yard Con¥n T￿￿¢10 tott*FI 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 Ac*Mty Grants 215.840 Gr8nts [wXTr￿j, incbjded in the athe. arg 88 ft4¢Y*S'. 31.124 31.3.23 Plymouth Cty cC￿n01 Grants ￿1V￿4e rdate to g)wment grants. CHARITABLE ACTMTIES COSTS Grant funthrvJ of activities (see note 51 Direc Support Totsls ct*riWle AclTrkities GRATrIT8 PAYABLE 31.3.24 31.3.23 Charitat4e Acbvit'8S 13.S99 The tc431 grxnts to ￿stitUt￿￿S thriTrJ the yearwds as klkxvs.. 31.124 31.3.23 and Energy CIC Barefoot CROPS Keyham Barton prim￿ Sc*Kx Kèyham Neighbourhjod Watch Kings Twnerton Cornmunity Ass￿6*( Mount T8mar SthooS Promoting Children in Pl￿n 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 p￿19 continued... Tn￿tc10 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 r￿Mtr￿sed to one Inthe tthling £196. FOT the year ended 31 March 2(r23 there were ￿ trustees. ex￿￿￿e5 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 2￿23 469 P￿e 20 C(￿b"n￿ed... North Yard Trust CK) to thp Finan ntlnuEd 31 M¥ch 10. FIXED Ass￿ IN￿ESTMENTs 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 investrn￿rt 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 aL￿e we as fcllcyhB.' ITthmirMJ ResourcEs Mov•ment res￿￿ expended in fvnds unrestrict￿ funds Gener31 f￿d 260,2ff2 173.072) 177.130 TOTAL FUKIS 177 130 P￿e 21 con￿nU￿￿... 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 oJrr￿tyw 12 m(xJth5 prioryw 12 mcth CLxnbin&J fC1h￿. Net T￿sf￿S 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 re5c￿CeS eX￿ndEd Movetnenl in fur￿$ Unrostrlctsd fund Gener￿ 470.048 1105,681) 364.*7 TOTAL FUI 105.6811 364 ￿7 Purpos• olfunds The Desi￿ated 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 c*aiity 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. T￿5 ¥4ill b8 rnade of the deggnated lund. To lund Colebr(x)k SW Limited U.884 CPH b*ee 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 tr￿saCtI)nS fu tha y8ar 31 2024 rKx kn the year onded 31 March 2￿23. P•J& 23 Norlh Yard Comm Tr￿t CIO etslled S tement of Flnanci For hey rEn ed Actl¥lti 31.124 31.3.23 INCOIAE AND E￿0￿MENTs Invé8tment Income Deposit ac￿nI interest 7,82S 4,006 CharftablE a¢tlvllies Grants Total Incoming rèsources 250,202 219,846 EXPENDITIJIE ChaAtable aetMtIÉ8 Wages Sundiies Grants to lnstrtubc￿S 1468S 181 16.480 81 69.073 30,260 s￿pOrt costs Man8gÈment Insuran IT costs Depn of fI￿re$ & fftbr¥Js 367 347 178 156 Flnance Bank tharges Governance Costs Independent exarnit)8rs' fee Legal fees 1100 936 1.584 Totsl resol￿5 ewd&J 32.609 Net hcom 1n.130 187,237 This page does form part ofthe statirtw fnancia statsm Pagt 24