## **Trustees’ Annual Report for the period** ## **From 01/04/2022 Period start date To 31/03/2023 Period end date** ## **Charity name: Coetmor Mill Trust** ## **Charity registration number: 1172211** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance in life and help young people
through
1. Supporting the provision of
recreational and leisure time outdoor
activities provided in the interest of
social welfare, designed to improve
their conditions of life;
2. Providing support for activities which
develop their skills, capabilities and
capacities to enable them to
participate in society as mature and
responsible individuals.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|In order to provide the opportunity for young
people to have access to outdoor activities
as a developmental experience the Trust
has provided cheap bunkhouse
accommodation in North Wales in the form
of Coetmor Mill.
The Mill situated in Central Snowdonia can
accommodate up to 30 people. It has been
marketed to Scout Groups, Youth Groups
and University Mountaineering Clubs.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In planning our activities for the period
01/04/2022 to 31/03/2023, the trustees kept
in mind the Charity Commission’s guidance
on Public Benefit at our trustee meetings.| ## **Achievements and Performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|A small number of individuals have
continued to devote considerable time and
effort to ensuring the successful running of
the Mill.
We continue to provide much needed
accommodation for youth groups to enable
them to enjoy the mountains of Snowdonia.
Over the past year we have continued to
invest in the Mill and with double glazing
replacement windows, a complete rewire of
the electrics, as well as continuing to
improve the décor within the Mill.
Ongoing plans are in place to continue to
update the Mill for the benefit of all of our
users. These plans include the replacement
of the dining room door, and the complete
revamp of the toilets and shower facilities.
Bookings for 2024 are strong and continue
to enable us to invest in the mill.| |---|---|---| |**Financial Review**||| |Review of the charity’s
financial position at the end
of the period|Para 1.21|We are pleased to note that the ongoing
maintenance and running costs of the Mill
are fully funded by the booking fees. On this
basis the Trustees are satisfied that the Mill
is financially stable.
The current year and future planned
improvements to the facilities have been and
will continue to be funded out of the
generous donations made to the Trust in
prior periods.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees consider that positive reserves
of £10,000 approximating the the annual
running costs of the Mill should be
maintained.| |Amount of reserves held|Para 1.22|£104,791| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|CIO Foundation| |How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by majority vote of existing
Trustees.| ## **Reference and Administrative details** |Charity name|Coetmor Mill Trust| |---|---| |Other name the charityuses|N/A| |Registered charitynumber|1172211| |Charity’s principal address|5 Monkswood Drive
Bishop’s Stortford
Hertfordshire
CM23 4LH| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person**
**(or body) entitled**
**to appoint trustee**
**(ifany)**| |---|---|---|---|---| ||Bruce McFarlane|Joint Chair||| ||John Henson|Joint Chair||| ||Patricia Hall|BookingSecretary||| ||Kim Henson|Secretary||| ||Andrew Rice|||| ||David Cox|||| ||Christine Snelling-
Nash|Treasurer||| ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Bruce McFarlane John Henson **Position** Joint Chair Joint Chair **(eg Secretary, Chair, etc) Date** 08/01/2024 CHARITY COMMISSION FOR ENfjIAND AND WALES COETMOR MILL TRUST Receipts and payments accounts CC16a For the perlod from 01.04.22 31.03.23 Section A Receipts and payments Unr8Stri¢ted fund6 Jth• £ Restricted funds Endowrnent Total funds Last year iDthb no•rn•tt toth•fi•*r•bl£ to thB nMrHtÉ A1 Re¢•1 I1￿12 21,912 IB,102 74 io t￿natIon8 202 Sub total(Gmss incom& forAR) A2 A$%¢t and invesbnent 8alo8,1$08 12128 11,186 Sub total Tot•1 ro¢￿pts 22,228 21218 18.186 A3P Lsg81 fees ba Core¥kerand deani Prem15È$ dndtrustses |wrdrKg ectnc Gas and Rat•¥ Waier bsite C alam &y8tem Waste odlBrtion Il•pairs and nwnt8nan(*. tNllding setyj Rèni 459 67* 1.43$ 676 262 282 239 303 JOJ 2T8 282 1.100 810 10 eohar*emgnts." tknblB Sub tolal 22.626 2J,281 A4 A5*trt and Invostment pur¢haB88. $88 table Sub totsl To¢8lp8ym•nts 22, 12,IIZ6 23,286 Net ofrn¢elptsl(p&ym•nts) A5 Transfer¥ l>plwoen funds A6 C4*h fvnd8 last y•8r ènd Cash fvnds thls y••rend 5.100 105,189 104791 I￿.189 104,7¥1 110.289 IDS,18 CCXX Rl attounts ISSI 0810112024 Section B Statement of assets and liabilities at the end of the period Unr•&trfcte funds Restn¢*d funds End¢)wrnent fund8 to nHfv*t£ to ton*4r•bt£ B1 Cash funds 12.105 92.686 Total ¢ash funds 104791 Unrutrfctsd nd¥ Rostrlcted fuhds Endowment fvnds ngaro•t£ Fund iowhlchawt C￿¢(￿0￿4) F￿nd to whkh •ugt Curr•ntv*lu* ¢)n Co•iiopkn*l B4 A558ts r•talned for thg charlty's own us• Fund lowhkh ArnoUTht￿* OMI Whon du lonil BS Llabllltbos Svwed by tmsw on l the Inthe8 S¥Jnature Prfnt Narne Dats of approval John H•nson OOA11.2024 Chrlgtlno $n¢lllng-Nuh Q101.2024 CCXX R2 Issi 01tt024