## **Trustees’ Annual Report for the period** **From 01/01/2021 Period start date To 31/12/2021 Period end date Charity name: Frome Activities and Sports Trust (FAST)** ## **Charity registration number: 1174698** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote for the benefit of the inhabitants
of Frome, Somerset and the surrounding
area the provision of facilities for and
support for recreation or other leisure time
occupation of individuals who have need of
such facilities and support, by reason of
their youth, age, infirmity or disablement,
financial hardship or social and economic
circumstances or for the public at large in
the interests of social welfare and with the
object of improving the condition of life of
the said inhabitants.| |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|During 2020 the Trust was able to make
grants to four organisations in the BA11
postcode which provide facilities and/or
support for participation in sports or
activities in line with the objectives set out
above.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have had regard to the
Charity Commission’s guidance on public
benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |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|During 2021 FAST was able to make
grants to four organisations which are run
for the benefit of the inhabitants of Frome
(and the BA11 postcode):
•
Frome Field 1 Fork
•
Frome Town Band
•
Postlebury Bell Ringers
•
Frome Town Women’s Football
Club| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|During 2021 the Trust received £272 in
donations from the organisers of the Frome
Half Marathon (The Race Organiser). The
Trust has been set up with a lump sum
raised from the Frome Half Marathon
between 2012 and 2016 and a small
contribution is expected each year from the
proceeds of this event. Due to the impact of
Covid-19, The Race Organiser was only
able to make a small contribution to the
Trust in 2021. During 2021 the charity
made an overall small loss as the lump
sum originally donated gradually gets
allocated through grants made.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trust does not deliberately hold
Reserves. A lump sum was given to the
Trust at its inception and this is added to
each year. It is expected that this lump sum
will gradually diminish as grants are made
in future years.| |Amount of reserves held|Para 1.22|£18,000| |Reasons for holding zero
reserves|Para 1.22|N/a| |Details of fund materially in
deficit|Para 1.24|See above| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/a| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |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|Existing Trustees are able to appoint new
or additional trustees having given regard
to their skills, knowledge and experience as
required for the successful administration of
the CIO.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Frome Activities and Sports Trust| |---|---| |Other name the charity uses|FAST| |Registered charity number|1174698| |Charity’s principal address|80 High Street, Sutton Veny, Wiltshire, BA12 7AW| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Nicola Player|Chair||| ||Joanne Fordham|Secretary||| ||Georgina Starkie|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/a held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Miss Georgina Helen Starkie|| ||
Treasurer|| ||09/11/2022|| ||09/11/2022|| **----- Start of picture text -----**
Charity Name No (if any)
Receipts and payments accounts
For the period Period start date Period end date
To
from 1/1/2021 12/31/2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Existing assets (from previous year) 20,382 - - 20,382
Donations from The Race Organiser 272 - - 272
- - - -
- - - -
- - - -
- - - -
- - - -
20,654 - - 20,654
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 20,654 - - 20,654
A3 Payments
14/06/2021 (FAST Grants to 4 recipients) 2,000 - - 2,000
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 2,000 ] - - 2,000
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 2,000 - - 2,000
Net of receipts/(payments) 18,654 - - 18,654
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 18,654 - - 18,654
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** |||||**Unrestricted**|**Unrestricted**||**Restricted**| |---|---|---|---|---|---|---|---| |**Categories**|**Details**|||**funds**|||**funds**| |||||**to nearest**|**£**||**to nearest £**| |**B1 Cash funds**|Current account balance|||**18,649**|||**-**| ||||||**-**||**-**| |||**_Total cash funds_**||**-**
**18,649**||
|**-**
**-**| |||(agree balances with receipts and payments
account(s))||Agreement Error||OK|| |||||**Unrestricted**|||**Restricted**| |||||**funds**|||**funds**| |**B2 Other monetary assets**|**Details**|||**to nearest**
|**£**
**-**||**to nearest £**
**-**| |||||
|**-**
**-**|
|**-**
**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**|||**Fund to which**
**asset belongs**||**Cost (optional)**|| |**B3 Investment assets**||||||
|**-**
**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| |**B4 Assets retained for the**|**Details**|||**Fund to which**
**asset belongs**||**Cost (optional)**
**-**|| |**charity’s own use**|||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| |||||**Fund to which**|||**Amount due**| ||**Details**|||**liability relates**|||**(optional)**| |**B5 Liabilities**||||||
|**-**
**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| |Signed by one or two trustees on
behalf of all the trustees||Signature|||Print|Name|| |||||Miss GH Starkie|||| **----- Start of picture text -----**
CC16a
**----- End of picture text -----**
**Last year** **to the nearest £** **-** **-** **-** **-** **Endowment funds to nearest £ - - - -** OK **Endowment funds to nearest £ - - - - - -** **Current value (optional)** **-** **Current value (optional)** **When due (optional)** Date of approval 11/9/2022