Trustees’ Annual Report for the period
From 01-04-2021 Period start date To 31-03-22 Period end date Charity name: MARKET DRAYTON COMMUNITY ENTERPRISE CIO Charity registration number: 1178317
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Providing non-medical facilities and services to Market Drayton & District’s residents, aiming to benefit their general health and wellbeing. |
| 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 |
Due to Covid regulations, minimal communal activities. One festival only held - ‘Going Green’ in October. Schools’ Calendar 2022 Project active with local schools providing student’s artwork. Labour intensive work only by Canal Towpath Maintenance Team as no funding from Canal & River Trust. Community Connector Network meetings via Zoom. Covid Memorial Tribute to NHS and all Key Workers completed and erected in Town Centre with dedication by High Sheriff for Shropshire in next year’s Report. MDCE represented at meetings – virtual and actual - of complementary organisations as Patient Participation Group and Market Drayton Climate Action. Joint lead locally for Campaign for Community Power. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Confirming that Trustees regularly – most months - have regard to the guidance issued by the Charity Commission on public benefits. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Not applicable. Para 1.38 Policy on grant making Not applicable. Para 1.38 Policy on social investment
| including program related investment |
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|---|---|---|
| Contribution made by volunteers |
Para 1.38 | All working from home – except Canal/Towpath Maintenance - on an ‘as needed’ basis. Mainly Secretary and ArtsFest lead person, each working circa 600+ hours. |
| Other | Nothing to report. |
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 | The ‘Go Green’ Festival comprised an exhibition of 26 organisations promoting their ‘green’ credentials, with five speakers at a spin-off Forum. This event acted as a catalyst for the formation in January of Market Drayton Climate Action as an independent organisation. The Arts’ Festival comprised 20+ events in multiple venues with an overall footfall of 2,000+. Profits derived from the Calendar Project 2021 provided for an Art Workshop, conducted by a professional artist, for all local schools. The Canal Group has been able to carry out work monthly, except mid-winter. This mainly comprised litter picking and clearing leaf debris compacted on to the newly laid surface. Benches cleaned and repainted: also painting around sanitary station. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
‘Go Green’ Festival exceeded expectations in that it acted as catalyst to formation of an independent dedicated Climate Action Group with 30+ members. The ArtsFest footfall would not have been as satisfactory without the ‘free/low cost entry’ concept. It also allowed vulnerable and low income families to experience arts over a broad spectrum. The Canal Group’s work ensures that Market Drayton Marina is a welcoming introduction to the town’s visitors by narrowboat. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The ArtsFest’s ‘free/low cost entry’ principle for its events and the 2022 Calendar Project still generated a satisfactory surplus. ‘Go Green’ Festival, as with all festivals, provides free entry for exhibitors and public, with a voluntary |
| donation of £10 requested from exhibitors. |
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|---|---|---|
| Investment performance against objectives |
Para 1.41 | Satisfactory on all counts. |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Opening balance of £17,420.60. Closing balance of £13,406.72. Movement in funds £4,013.88 deficit. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No dedicated reserves are held. Opening balance is mainly as a result of prior income, pending expenditure. |
| Amount of reserves held | Para 1.22 | Not applicable. |
| Reasons for holding zero reserves |
Para 1.22 | Not necessary. |
| Details of fund materially in deficit |
Para 1.24 | Not applicable. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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 | Voluntary donations. Local Authority funding. Tesco Grant Award |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Not applicaable. |
| A description of the principal risks facing the charity |
Para 1.46 | None specifically, other than potential volunteer pool very limited. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Model 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 | Interview and appointment by existing Trustees. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
Nolan principles and familiarisation with Policy documents. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Four Trustees plus four volunteers comprise Management Team. The Canal Towpath Maintenance Team work separately under guidance from the Canal & River Trust. Also work with Voluntary & Community Sector Assembly, National Council for Voluntary Organisations, Community Connectors’ Network, County & Town Climate Action Groups and Medical Practice Patient Participation Group. MDCE also networks with 200+ organisations that exhibit at its Health & Wellbeing and Arts Festivals. |
| Relationship with any related parties |
Para 1.51 | All of the 200+ organisations referred to above focus on health and wellbeing in the broadest sense. |
| Other |
Reference and Administrative details
| Charity name | Market Drayton Community Enterprise |
|---|---|
| Other name the charity uses | MDCE |
| Registered charity number | 1178317 |
| Charity’s principal address | Riverside Lodge Walkmill Drive Market Drayton |
Shropshire TF91EL
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) |
|---|---|---|---|---|
| ERIC DAVIS | SECRETARY | OTHER TRUSTEES | ||
| ROY PAYNE | CHAIR | OTHER TRUSTEES | ||
| SUZANNE EDWARDS |
ARTSFEST LEAD | OTHER TRUSTEES | ||
| CHARLES HAMISH GREEN- ARMYTAGE |
OTHER TRUSTEES | |||
– Corporate trustees names of the directors at the date the report was approved Director name None
Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole year None
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the Not applicable. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable. 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) Eric Charles Davis
Position (eg Secretary, Secretary Chair, etc)
Date
05-02-23
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Charity Name No (if any)
Receipts and payments accounts CC16a
For the period Period end date
To
from 01-04-21 31-03-22
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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
4,563 - - 4,563 5,5470
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
4,563 - - 4,563 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 4,563 - - 4,563 -
A3 Payments
8,577 - - 8,577 1,289
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 8,577 - - 8,577 1,289
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 8,577 - - 8,577 1,289
Net of receipts/(payments) - 4,014 - - - 4,014 - 1,289
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end - 4,014 - - - 4,014 - 1,289
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Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 13,407 - - - - - 13,407 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) 0 - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| Date of approval |
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