Trustees. Annual Report for the period
Period start date
Period end date
To
From
January 2024
31
December
2024
Charity name
Sherborne Classic Cars CIO
Other names charity is known by
None
Registered charity number (if any)
1172969
Charity's principal address
Gables
Wash Lane
Montacute, Somerset
Postcode
TA15 6XA
Names of the charity trustees who manage the charity
Trustee name
Office {if anyl
Dates acted if not for whole
year
Name of person (or
body} entitled to appoint
trustee
ifan
Rotary Club of
Sherborne Castles
Neil James Bright
Andrew Ernest
Davies
Chairman
Rotary Club of Brue
Valley
Independent, elected
by the 'Members' of
the CIO
Mark Jonathan
Main
Appointed 21st November
2024
Lesley Jane
Hamilton
Retired 21 st November
2024
Independent, elected
by the 'Members' of
the CIO
Andrew Rousell
Yeovil Round Table
Olivia Sugg
Independent, elected
by the 'Members' of
the CIO
Simon Taylor
Yeovil Lions Club
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name
Dates acted if not for whole
ear
TAR

Names and addresses of advisers (Optional infonnation)
e of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)
Description of the charity's trusts
Constitution
Type of governing document
I¢y- LI UJI U¥¥U, Wl IbLILULII
How the charity is constituted
leg. trust, as:
In, compar
Charitable Incorporated Organisation
Trustee selection methods
Each of the four community Servi￿ organisations (Rotary Club of
Sherbome Castles, Rotary Club of Brue Valley, Yeovil Round Table and
Yeovil Lions Club) may appoint a trustee. The CIO'S "Members" may
oint u
to two Inde
endent Trustees.
Additional governance issues (Optional inforniation)
You may choose to include
additional infomation, where
relevant, about"
policies and procedures
adopted for the induction and
training of trustees.,
the charity's organisational
structure and any wider
network with which the charity
relationship with any related
parties"
trustees, consideration of
major risks and the system
and procedures to manage
them.
The purpose (the object) of the CIO is for the public benefit to advan
exclusively charitable purposes (according to the laws of England and
Wales) that from time to time the trustees see fit.
Summary of the objects of the
charity set out in its
governing document
TAR

The CIO owns Sherborne Classic and Supercars Limited, which, each
year, runs a car show to raise funds for Charity. The profits from the
show are transferred to the CIO which distributes these funds to charities
according to the rules as set out in the Constitution.
Summary of the main
activities undertaken for the
public benefit in relation to
these objects {include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
Additional detsils of objectives and activities (Optional information)
GRANT-MAKING POLICY
About this policy
This policy applies to Sherborne Classic Cars CIO (the Charity),
a charitable incorporated organisation constituted and registered
in England and Wales (number 1172969).
You may choose to include
further statements, where
relevant, about:
policy on grant-making.,
policy programme related
investment"
Under the terms of the Charity's constitution, the trustees of the
Charity (the Trustees) have a duty to apply the Charity's funds for
the following purpose (the Object)..
°For the public benefit to advance exclusively chantable pury)oses
(according to the laws of England and Wales) that from time to
time the tmstees see fit."
contribution made by
volunteers.
The Trustees have ultimate responsibility for all the Charity's
grant-making decisions.
This policy set outs the principles and procedures that guide the
Trustees when they are making grants to further the Object, and
provides information about the Charity's grant-making process.
Our funding priorities
TAR

The Trustees recognise that the number of projects which can be
supported is, of necessity, limited by the amount of funds
available for distribution each year. The Trustees, principal
funding priorities are to support one major charity, which may be a
national charity, and after that only charities with a location within
30 miles of Sherbome, Dorset.
The Trustees may occasionally award grants that fall outside the
priorities stated in this policy provided they are satisfied that the
grant will further the Object and is an appropriate use of the
Charity's funds.
The amount distributed in any year may not be taken as a guide
to the amount that may become available for distribution in a
subsequent year.
Who can apply for a grant
The Trustees welcome proposals that support their funding
priorities, but will usually only award grants to..
3.1.1 charities that are registered with the Charity Commission
for England and Wales,. andlor
3.1.2 organisations that qualify as charities under the law of
England and Wales, but are not required to register with
the Charity Commission for England and Wales.
What we will fund
The Trustees will usually make grants of be￿een £1,000 and
£10,000, but may award a greater amount in the case of a major
charity that falls within the Charity's funding priorities.
All grants awarded by the Charity must be used to cover costs
that are directly connected to carrying out the charitable activities
that the Charity Trustees have agreed to fund (see 8.1.1 below).
If a grant covers part of the cost of a proposal, the Trustees may
require the applicant to provide details of the other funder(s) and
the funding that they have secured or applied for.
Principles
In awarding funding. the Trustees will apply the following
principles:
5.1.1 Applications will be considered on the basis of the
information provided by the applicant.
5.1.2 The Trustees will detemiine each application on its own
merits. This includes applications made by previous
recipients of funding or previously unsuccessful applicants
(although see paragraph 5.2 where an applicant was
previously unSuC￿SsfUl).
The Trustees will not award grants to an organisation that has
previously submitted a proposal where the applicant failed the
Trustees, due diligence checks and the issues identified at that
time have not been addressed.
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Exclusions
The Trustees will in no circumstances approve the use of the Charity's
funds for purposes which fall outside of the Object set out in paragraph
Grant application process
All applications for funding must be made using the online
prO￿sS through the application page on the website
htt s.'Ilclassic-su
ercars.co.uk.
The closing date for applications each year will be displayed on
the Charity s website.
Information requirements before awarding funding
Before awarding funding to an applicant, the applicant must:
.1.1 infomi the Trustees of the purpose of the application,
details of the purpose and the way in which the funding
will be used in the furtherance of the applicant's charitable
purposes" and
.1.2 provide adequate information regarding the identity.
charitable status and financial status of the applicant.
When the Trustees are considering a grant-funding proposal. they
will undertake due diligence checks, which may include
requesting further details of the proposal.
No funding will be considered retrospectively.
Assessment process
All funding applications will be subject to initial assessment to
ensure they meet the basic criteria for funding. The Trustees will
aim to notify all applicants, informing them of the outcome of their
application for funding, within eight weeks of the closing date for
applications.
Initial decisions regarding successful applications will be made
prior to the Sherborne Classic and Supercars Show in any year
and therefore before the Trustees know the amount of money
available for grants. on￿ the Show has been held and the sum
available for grants is known, the Trustees will decide on the final
allocation of funding and notify the successful applicants
accordingly.
Applicants should note that, as with many other charitable trusts,
the Charity is expected to re￿1ve far more applications that it has
funds to support. Even if a project fits within the criteria and
priorities of the Charity and a detailed assessment has been
made, the Charity may still be unable to provide funding.
The decision of the Trustees is final. The Trustees will not be
obliged to provide an explanation to the applicant should their
lication be unsuccessful.
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10
Reporting requirements and monitoring
Evidence may be required to confimi the funds have been used in
accordan￿ with the purpose of the funding.
11
Repayment
The Trustees may require repayment of all or part of the grant if..
11.1 the project or purpose for which it was awarded does not proceed;
11.2 part of the grant remains unused when the activities that the grant
was intended to fund have been completed., or
11.3 the grant is used for a purpose other than that which has been
agreed.
12
Reviewing and amending this policy
The Trustees may vary the terms of this policy from time to time.
Ih
On 9 April 2024, the Trustees amended the above policy by the addition
of a new clause 2.2 and re-numbering of the original clauses 2.2 and 2.3
accordingly. The new clause 2.2. which will first take effect with respect
to the 2025 car show, is..
In recognition of and motivation for the pivotal role played by members of
Yeovil Lions Club, Yeovil Round Table and the Rotary Clubs of Brue
Valley, Sherborne Castles and Yeo Vale in organising and delivering the
Classic and Supercars Show, they should receive a contribution to their
charity funds for onward delivery to charities or good causes of their
Choi￿ that fall within a 30-mile radius of Sherborne. The total amount of
the contribution will be 10 % of the funds generated by the show in any
particular year and this will be divided equally be￿een Yeovil Lions,
Yeovil Round Table and the Rotary clubs. The Rotary share will be split
between Brue Valley, Sherborne Castles and Yeo Vale, such split to be
agreed between them.
TAR

Summary of the main
achievements of the charity
during the year
During 2024 the CIO received £70,000 from Sherborne Classic and
Supercars Limited. A total sum of £65,043 was distributed to national
and local charities in accordan￿ with the agreed grant making policy. as
shown in the table below, with the balance of £4,957 added to the
reserve fund,.
Name of Charity
Yeovil Opportunity Group
Dorset County Hospital Charity
Yeovil Hospital Charity
Mosaic
Amount distributed 1£)
10.000
6,000
6,000
5,000
5,000
4,000
3,080
3,000
3,000
3,000
3,000
2500
SAYCC
Citizens Advice Central Dorset
Youth Connect
CAT Bus
Mind in Somerset
Somerset Sight
The Growing Space
The Rendezvous
Parkinsons UK Wincanton Branch
2,075
2,000
2,000
1,850
1,000
1,000
1,000
538
Future Roots
Promise Works
The Pod
Dorset Wildlife Trust
Home Start Blackmore Vale
Sherborne Good Neighbours
Dorset and Somerset Air Ambulance
TOTAL
65,043
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The Trustees have detemiined that a level of reserves in excess of
£22,000 are required to enable the car show to survive unplanned losses
and are in the process of building the reserves up.
The reserve fund has been topped up by £4,957 from the proceeds of the
2024 show, and currently stands at £20,497,.
Brief statement of the
charity's policy on reserves
Details of any funds materially
in deficit
None
Further financial review details (Optional infonnation)
You may choose to include
additional information, where
relevant about..
the charity's principal
SoUr￿S of funds (including
any fundraising)-
how expenditure has
supported the key objectives
of the charity.,
investment policy and
objectives including any
ethical investment policy
adopted.
Section F
Other optional information
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s>
Full name(s)
Neil James Bright
Position (eg Secretary, Chair,
etc)
Chair
Date
2711012025
TAR

TAR

Sherborne Classlc Cars CIO
ReRlslered Charlty Number.. 1172%9
Recelpts and payments account5
For the y•ar ended 31st D•cemb•r 2024
2021
2023
Retelpts
Donation from Sherborne Cla5slc & Supercars Llmlted
Total w•lpts
70.(
70,C
55,thXI
55,fXNJ
OLTrlldllT)n5
65,043
65.Ch13
S5.￿
55.1
Total payments
Receipts less payment5
Cash funds last year end
Cash funds thls year end
4.947
15.540
20.497
15.540
15.540
aequnts were approved by the trustee5 on 27th October 2025 and are slgned on thelf behalf by:
P. A. Unde
TrustÈe
Notes to the att￿nts
The CIO owns of the share capital of Sherborne Classic & Supercars Limited whsch. each year. runs
car show to raise funds for the CIO. The prohtg from the show arc donated to the CIO which dirtfibute5
thesp fitrnds to tharities accordin8 to the wles set out in the CIO'> constitution.
All funds of the CIQ are unrestricted. The CIO is retaining reseryes judged s¢Jfficient to support the car
show in the event of o bad financial outcome due to events beyond the control of the Show orEanise
Sheiborne aassic Cars CIO is a ch3ritahlp inrorporated or83nisation eonstituted and resistered undcr the
laws of England and Wales. whose registered Offi￿ is Gables. Wash Lane. Montatute. Somerset TA15
Donatlons were rnade 10 Ihe follo¥￿￿.
Yeovil Opportunity Group
Dorset County Hospital Charity
Yeowl Hospitsl Charitv
MosAic
iO.LK
SAYCC
Citizens Advice Central Dorset
Youth Coiiii¥LL
CAT Bus
Mind in Somerset
Somerset Sight
The Growing Space
The Rendezvous
Parkinsons UK Wincanton Branch
F￿￿re Rnnt
Promise Works
Th* Pod
rjtsrset VTildlife Trust
Homc Start tslacktnore Vabe
Sherborn¥ Good Neighbours
Dorset and Somerset Air Ambulance
2.075
538
£ 65.0¢3
The￿ is onty one page to these accounts

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Sectlon A
Independent Examiner'5 Report
Report to the trusteesl
members of
Sherborne Classic Cars CIO
On accounts for the year
ended
31" December 2024
Charlty No.
1172969
Set out on pages
Respectlve The chartty's trustees are responsible for the preparation of the accounts in
responslbllltles of accordance with the requirements of the Charrties Act 2011 {"the Act"),
trustees and examiner
The charitvs trustees consider that an audit is not required for this year
under section 144 of the Act and that an independent examination is
needed. It is my responsibilrty to-.
examine the accounts under section 145 of the Charities Act,
to follow the applicable Directions given by the Charity Commission
(under section 145(5)(b) of the Act, and
to state whether particular matters have come to my attention
Basi5 of Independent My examination was carried out in accordance wrth general Directions given
examln•rfs statement by the Charrty Commission. An examination includes a review of the
accounting records kept by the charrty and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the
trustees concerning any such matters. The prO￿dureS undertaken do not
provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a Irue
and faiff view and the report is limited to those matters set out in the
statement below.
Independent In connection with my examination. no material matters have come to my
examlnef s statement attention which give me cause to believe that in any material respect:
accounting records were not kept in accordance with section 130 of
the Charities Acl., or
the accounts do not accord with the accounting records.
I have no concems and have come across no other matters in connection
with the examination to wthich attention should be drawn in order to enable
proper understanding of the accounts to be reached.
Slgned:
Date".
27
Name:
A. A. Liggatt
Relevant professlonal
quallflcatlon(s) or body
(if any):
Chartered Accountant
Address:
16 Sunny Hill
Nunney
Frome, Somerset BA114ND