Butterley Ironworks Trust
Chair’s Report 2019/2020
The last year has continued the frustration of the Trust as little seems to have moved on.
The developers proposals for redevelopment do not allow for a sustainable future for the heritage features. The Trust is opposing the current planning application and seeking active engagement with a still reluctant site owner.
The Trust was unsuccessful with an HLF bid that sought help to develop the ideas that BIT has for developing a tourist attraction that will provide a financially self-sustainable solution for the site. BIT wanted HLF funding to pay for consultants help to ensure the proposals have robust income expectations, but perversely it was the lack of such data that seemingly caused the bid’s failure.
Despite this the Trust remains positive in that it believes it will be able to secure the future of the heritage features of the site. The Trust had plans to grow its activities including fund raising in the coming year, but these have been postponed because of the covid-19 pandemic.
Steve Freeborn
Chair
12[th] October 2020
BUTTERLEY IRONWORKS TRUST (1173670)
NOTE TO THE ACCOUNTS
The accounts remain extremely simple - there have been only two receipts and no payments have been made during the financial year.
Receipts and Payments 01/04/2019 to 31/03/2020
| 2019/20 £ |
2018/19 £ |
|
|---|---|---|
| **Balance c/f ** | 50 | 0 |
| Receipts | ||
| Donation | 12.50 | 50 |
| Raffle at meeting | 58.50 | |
| Total | 71.00 | 50 |
| Payments | ||
| 0 | 0 | |
| Total | 0 | 0 |
| Cash funds atyear end | 121.00 | 50 |
Statement of assets and liabilities at 31/03/2019
The cash funds of £62.50 are held in the bank account. The Trust holds no other monetary and/ or investment assets, and there are no liabilities.
Joyce Slack, Treasurer, 11[th] September 2020