
## **Trustees’ Annual Report for the period** 

**From  01/01/2023     Period start date   To 31/12/2023  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<br>the charity as set out in its<br>governing document|Para 1.17|To promote for the benefit of the inhabitants<br>of Frome, Somerset and the surrounding<br>area the provision of facilities for and<br>support for recreation or other leisure time<br>occupation of individuals who have need of<br>such facilities and support, by reason of<br>their youth, age, infirmity or disablement,<br>financial hardship or social and economic<br>circumstances or for the public at large in<br>the interests of social welfare and with the<br>object of improving the condition of life of<br>the said inhabitants.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|During 2023 the Trust was able to make<br>grants to six organisations in the BA11<br>postcode which provide facilities and/or<br>support for participation in sports or<br>activities in line with the objectives set out<br>above.|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|The Trustees have had regard to the<br>Charity Commission’s guidance on public<br>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<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|During 2023 FAST was able to make<br>grants to six organisations that are run for<br>the benefit of the inhabitants of Frome (and<br>the BA11 postcode):<br>•<br>Frome Scouts<br>•<br>Frome Town Women’s Football<br>•<br>Frome Day Centre<br>•<br>Black Swan Arts<br>•<br>Witham Friary FC<br>•<br>Frome Town United|



## **Additional information (optional)** You may choose to include further statements where relevant about: 


**----- Start of picture text -----**<br>
Achievements against  Para 1.41<br>objectives set<br>Performance of fundraising<br>activities against objectives  Para 1.41<br>set<br>Investment performance  Para 1.41<br>against objectives<br>Other<br>**----- End of picture text -----**<br>




## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|During 2023 the Trust received £0. The<br>Trust has been set up with a lump sum<br>raised from the Frome Half Marathon<br>between 2012 and 2016 and a small<br>contribution was made from the proceeds<br>of this event when it was taken over by The<br>Race Organiser from 2017 onwards. Due to<br>the impact of Covid-19, The Race<br>Organiser was only able to make a small<br>contribution to the Trust in 2021 and no<br>contribution was made in 2022. During<br>2023 the charity made an overall loss as<br>the lump sum originally donated gradually<br>gets allocated through grants made.|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|The Trust does not deliberately hold<br>Reserves. A lump sum was given to the<br>Trust at its inception and this is added to<br>each year. It is expected that this lump sum<br>will gradually diminish as grants are made<br>in future years.|
|Amount of reserves held|Para 1.22|£14,891.43|
|Reasons for holding zero<br>reserves|Para 1.22|N/a|
|Details of fund materially in<br>deficit|Para 1.24|See above|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|N/a|



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

||||
|---|---|---|
|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|CIO|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|Existing Trustees are able to appoint new<br>or additional trustees having given regard<br>to their skills, knowledge and experience as<br>required for the successful administration of<br>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|
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## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Tori Allison|Chair|||
||Joanne Fordham|Secretary|||
||Georgina Starkie|Treasurer|||
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## – 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)** Miss Georgina Helen Starkie **Position (eg Secretary,** Treasurer **Chair, etc) Date** 30/10/2024 




**Charity Name No (if any) Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01/01/2023 31/12/2023 

|**Section A Receipts and payments**|**Section A Receipts and payments**||||||
|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**<br>**17,931**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**17,931**<br>**-**<br>**-**<br>**-**<br>**17,931**<br>**3,000**<br>**40**<br>**-**<br>**-**<br>**-**<br>**-**<br> **3,040**<br>**-**<br>**-**<br> **-**<br>**3,040**<br>**14,891**<br>**-**<br>**-**<br>**14,891**|**Restricted**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Total funds**<br>**to the nearest £**<br>**17,931**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**17,931**<br>**-**<br>**-**<br>**-**<br>**17,931**<br>**3,000**<br>**40**<br>**-**<br>**-**<br>**-**<br>**-**<br>**3,040**<br>**-**<br>**-**<br>**-**<br>**3,040**<br> <br>**14,891**||**Last year**<br>**to the nearest £**|
|Existingassets(frompreviousyear)|**17,931**|||||**-**|
|||||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_|**17,931**|||||**-**|
||||||||
|**A2 Asset and investment sales,**<br>**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**-**|
|**_Total receipts_**<br>**A3 Payments**|||||||
|||||||**-**|
||||||||
|<br>05/07/2023(FAST Grants to 6 recipients)|**3,000**|||||**-**|
|Bank charges|**40**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**3,040**|||||**-**|
||||||||
|**A4 Asset and investment**<br>**purchases (see table)**|||||||
|**,**|**-**||||||
||**-**||||||
|**_Sub total_ **|**-**|||||**-**|
|**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**|||||||
|||||||**-**|
||||||||
||**14,891**|**-**|**-**|<br>**14,891**||**-**|
||**-**|**-**|**-**|**-**||**-**|
||**-**|**-**|**-**|**-**||**-**|
||**14,891**|**-**|**-**|**14,891**||**-**|



CCXX R1 accounts (SS) 

30/10/2024 

1 



|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|---|---|
|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B5 Liabilities**<br>**B3 Investment assets**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B1 Cash funds**|**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>Current account balance<br>**Details**<br>**Details**<br>**Details**<br>Signature|||**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**14,891**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**14,891**<br>**-**<br>OK<br>OK<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**liability relates**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>Print Name<br>Miss GH Starkie|**Endowment**<br>**funds**<br>**to nearest £**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||OK|
||||||**Endowment**<br>**funds**<br>**to nearest £**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**Current value**<br>**(optional)**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**Current value**<br>**(optional)**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**When due**<br>**(optional)**|
|||||||
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||||||Date of<br>approval|
|||||Miss GH Starkie|30/10/2024|
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CCXX R2 accounts (SS) 

30/10/2024 

2 

