Trustees’ Annual Report for the period
From 01 April 2021 to 31 March 2022
Charity name: CAG Trust
Charity registration number: 1182688
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are to advance in life and relieve the needs of young male persons aged 10 to 18 years in Solihull and surrounding area in particular but not exclusively |
| 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 |
The provision of a range of challenging outdoor sports and adventure activities at weekly meetings and residential trips which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | It is confirmed that the Trustees have had regard to the guidance issued by the Charity Commission 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
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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 | Following lockdowns for Covid the charity ceased the majority of operations until June 2021 when it restarted activities. The remaining members from pre-covid totalled 8 members so a program of publicity was undertaken to rebuild the membership to a total of 30 by the end of this reporting period. The main activities undertaken were the week to week meetings interspersed with some one day activities such as paintballing and mountain biking days. The rebuilding included carrying out the expedition training for the new cohort of Duke Of Edinburgh’s Award Bronze award participants, with a successful expedition taking place in August 2021. The group as a whole undertook the activities we are known for: getting boys out in the outdoors to have fun with others, make new friendships and learn new skills. As a result of rebuilding the finances, membership and leadership aspects of the group's activities the weekend trips program was planned during this reporting period to resume with a weekend surfing trip in June 2022. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising | Para1.41 |
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| activities against objectives set |
||
|---|---|---|
| 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 | Please refer to the annual accounts |
| Statement explaining the policy for holding reserves statingwhy they areheld |
Para 1.22 | Reserves are retained for items of expenditure on equipment and activities in furtherance ofthe Charity's objectives |
| Amount of reserves held | Para 1.22 | Please refer to the annual accounts |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
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 |
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Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed,royalcharter) |
Para 1.25 | Please refer to the governing Constitution document |
| 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 | The Trustees comprise of volunteers and are appointed by the current Trustees following consultation with the wider member and leader group. |
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 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | CAG Trust |
|---|---|
| Other name the charity uses | Challenge Adventure Group |
| Registered charity number | 1182688 |
| Charity’s principal address | 21 Wychwood Avenue, Knowle, Solihull, B93 9DF |
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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(if any) |
|---|---|---|---|---|
| Simon Thomas | ||||
| Ruth Billingham | ||||
| Mark Gibson | ||||
| Helen Clifton | ||||
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 | ||
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Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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
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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) Mark Adrian Gibson Position (eg Secretary, Chair Chair, etc) Date January 2023
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REGISTERED CHARITY NUMBER: 1182688 RT THE TRiisr ND TED FINAN FO E YEAR AG TRIIST AStron&S Bishop Simttw)ns Chartered Ac¢ountants al Tax Advisors Gethin House 36 Bond Stre¢t Nwi¢8 Wan*ickshire CVII 4DA
ON YTSOFTHE FIYAYCI L sfATEMENTS FOR THE Y ED 31 MAR Pge Report of the Truste¢s Indeptndtht Eiminer'$ Report Stitethtnl of FinD¢i•I Artiviiles B•l•net Sheet Noies to the FiDntiAI S¢•¢euTht$ Det•iled StitmeDI ot Vin•ffj¢ial A¢¥1*8
CAG TR EPORT OFTHE T EES FOR TH ENDED JI MAR The trustees pr¢seni their POrt with the fitwial sw¢m¢nts of the charity for the year ended 31 March 2022. The twste¢s have adopted th¢ provisions of A¢¢ountkng and Reportin8 by Chariiie5.' Statcmcnl of Rec¢)mmen4ed Practic¢ applL¢Able to charities preparing their accounts in accordan¢¢ with the Financial Reporting Stsndard applicable in the UK and Republi¢ of lffland IFRS 1021 leffe¢tive l January 20191. STRuufuRE. GOVERNANCE AND MANAGEMENT Govemin% document The charity is controlled by its governing th)cwnenL a dttd of trust I1 corLstityl¢$ a CIO. REFERENC'E AND ADMINisfRATIVE DETAIIS Registered Charity number 1182688 Prlntlpal addre85 21 Wy¢hwood Avenue KTh)wle Solihull Wesi Midlartd$ B93 9DF Tru$ttes S Thomas M A Gibson Ms R H Billin8ham Mrs H Clifton Independtnt Exlmlner Mr M Shabbir FCA. FCCA Arn>stTon85 Bishop Simmons Chartered A¢¢ountani$ ind Tax Advisors Gethin House 36 Bond Stre Nun¢a¢on Warwickshire CVII 4DA Approved by order of ihe board of trust¢¢s on ...24 January..2023 . and signed on its behalf by.. TrUse Page I
INDEPEN NT E.XAMINER'S REPORT TO THE TRUSTEES OF CAG TRI,'ST Independenl examiner's report to ihe trnstees of CAG Trnst report lo ihe Charity trustees on my examination of the accounts of CAG TnL (the Tnw} for the ycar end¢d 31 Mar¢h 2022. RespoD$ibilities xnd basis of report As the charity trust¢¢s of ihe Trust you are Tesp)nsibk for thr prcparation of the a¢¢ounts in accordan¢e with the requirements of th¢ Charities Act 2011 Ilhe Aci.). I report in respect of my examirtation of the Tnw's a¢¢ounts carried out under Se¢iion 145 of the Act and in carrying out my cxaminatioD I have followed all oppli¢able Directions 8iv¢n by the c.harity Cornmission UDd¢r Section 1451SMbl of the A¢1. Ind¢ptndent txaminer's statem¢•t I have completed my examit)ation. I confinn that M maierial rnatter5 have wme my attention in conn¢¢iion wih the examination giving me cause to believe ihai in any material resped". accounting records were ttot kept in respea of the Trust a5 required by Seaion 130 of the Act.. or the accounts do not ?C¢OTd wilh tlK)s¢ records.. or thc accounts do noi mplY with the applicable requirements concerning the fomi content of a¢counts sei OLrt in th¢ ChaNiie$ IAccounts aThd Reports) Regulations 2008 other ihan any requirement ihat ihe a¢¢ount5 8ive true and fair view whi¢h is noi a maffer consid¢r¢d part of an indeIt ¢xamin•tion. I have no con¢em$ and hive come a¢ross t)0 other matters in conne¢tion with the examination to attention should be drawi in this report in order to ble • proper usianding of the &counts to be reached. Mrm abbir F CA Arrnslrongs op Simmons Chan¢r¢d AE¢ounlant5 and Tax Advisors Gethin House 36 Bond Street Nuo¢aion Warwickshir¢ CVII 4DA Date.. Page 2
CAG TRusr sTATEIE. F FINANCIALAcriv TIES R THE I'EAR I MARCH 211 2022 Totsl 2021 Totsl fijnds unrestrict Kestrided fund fimd INCOME AND ENDOWMENTS FROM Donations and kgacies 7.673 5.719 13.392 7.975 EXPENDITURE ON Raising funds 8275 5.079 13.354 1.690 NET INCOMEI(EXPENDITIIREI 1602) 640 38 6.285 RECONCILIATION OF FUNDS Total funds brOshI forward 4.536 14.244 18,780 12.495 TOTAL FUNDS CARRIED FORWARD 3.934 14.884 18,818 18,780 The notes form part of these financial statements Page 3
CAG TRusr CE SHEET IMAR 2022 2021 Notes CURREfff ASSETS Cath bank al in hand 18.818 18.780 NET CURRENT ASSETS 18.818 18,780 TOTAL ASSETS LESS CURRENT LIABILITIES 18.818 18.780 NET ASSETS 18,818 18,780 FUNDS Unrestri¢ied fund5 Restricted funds 3.934 14.884 4.536 14.244 TOTAL FUNDS 18.818 18.780 financial &4Janua.ry..2blSmeni$ were approv¢d by the Board of TrUte9 and aythorised for .. wtt¢ signed on its behalf by.. ISSU¢ on Tn]slee The notes form part of these firwKiai stsiemcnts Page 4
AC TRUST P40TES TO THE Fif rCIAL sTATEMErs HE I'EAR EI%D ARCH 2022 ACCOVIYllNG POLICIES Basis of pr¢pring the fiJuDciI Ststem¢ts The flnancial statemetlts of iht charity. Mthich 15 a publi¢ benefit entity uthder FRS 102. have been prepared in accordan¢¢ wilh the Charities SORP IFRS 1021 'Accountin8 and R¢portirt8 by Charities.. Stement of Recommended Prdctice applicable charitics preparing their aEcounts in accordance with thc Finan¢ial Reporting Stsndard appli¢able in the UK 8nd R¢publi¢ of Ireland IFRS 1021 (effective l January 2019)., Financial Reporting Standard 102 The Financial Reportin8 Sthndwd applicable in the UK and Republic of Ireland. and the Charities Aci 2011. The financial h•ve been prepared under the historical cost Convention. Ineomt All income 15 re¢ognised irb thc Statemeni of Finan¢i#l Adivities on¢¢ the chwity has enlitlement to the futtds. it 15 probable that Ihe incorn¢ will be ¢t1¥¢d and the aMOt ¢an be mca5ured reliably. Expenditure Liabilities are recognised as expenditure scKJn as thert is t le8al or wnstwciive obligation committing the charity lo thai expenditure. il is probable lh i transfer of economi¢ benefits will be required in settlement and the arn)Uni of thc obli8ation be M¢ured reliably. Exp¢ndiiure is accounled for OD an a¢¢rnals basis and has been classified und¢r headings that awegate 011 ¢osi related to the cat¢gory. Where ¢o$is cannot b¢ directly 4ttributed io phrticular headings they have been allocated io a¢tiViiies ott a b&8is consistent with the use of resource5. Tix•iio The charity is e¥¢mpt from thx on its charitsble aaiviiies. Fund Accountlni Unresiricied funds can be used in Kcordan¢e with the charitable objeaives li the discretion of ihe iTu$iees. Reslricted Can only be used for parti¢ul•r resvicted Purp wiihin the objects of the Charity. Restrictions rise when specified by ihe donor or when funds are raised for panicular restricted purpos¢5. Further ¢xplaMiion of the natur¢ purpose of fimd 15 Ilded in the 1¢¢1 to the financial si¢M¢Ats. TRUSTEES. REMUNERATION AND BENEFITS There were no irustt¢s' remuner•tion or other benefits for the year ended 31 Mar¢h 2022 nor for the year ended 31 Mar¢h2021. Tru$tee¥' expenses There were no trusttts, ¢xpens¢s ld for the year ended 31 Mar¢h 2022 nor for the year et)ded 31 mSh 2021. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restrided fund Total funds INCOME AND ENDOWMETh FROM Donaiions and It8]eS 7.266 7,975 EXPENDITURE ON Raising funds 1.610 80 1.690 NET INCOMFJ{EXPENDJTURE) 7.186 6,285 Pagc 5 Continued...
CAG TRUST NOTE THE FINAP4CIAL TEMEP¥TS- tontiDutd FOR T AR ENDED 31 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrtVlTILS- continued L.tirtStricted Resiri¢t¢d fimd futhd Total funds RECONCILIATIOIY OF FUNDS Toial funds brought forward 5.437 7.058 12.495 TOTAL FUNDS CARIUED FORWARD 4.536 14.244 18.780 ANALYSIS OF NET A&SETS BETWEEN FUNDS 2022 Tothl fund5 2021 Total funds Unrestrickd Restricted filnd Current 3.934 14.884 18.818 18,780 MOVEMEiYT IN FVNDS Nd movemcnt in funds At 31.3.22 Ai 1.4.21 Unrestrl¢¢ed funds Gencral fur 4.536 (602) 3.934 Restrbtted funds Resir>cted tund 14.244 640 14.884 TOTAL FIINDS 18.780 38 18.818 Nei movement in fimds. included in the abov¢ ore w follows: Inc¢)ming Resources expended Movem¢nt in ndS Unreslrif¢¢d fuNd$ Genernl fund 7.673 {8,275) 16021 Restricted fund$ Resiri¢ted fund 5,719 (5.0791 640 TOTAL FUNDS 13.392 (13.3541 38 Page 6 continued...
AG TRUST O THE FINAN E YEAR EIYD STATEMENTS- toDtiDued RCH 2022 MOVEMEiYr Ir4 FUNDS- toThtinued Compxrativ¢s for movemeDt in Net movement in fwids At 31.3.21 At 1.4.20 Unrestrkted funds Gcneral fund 5.437 (901) 4,536 Restricted funds Eiestri¢i¢d fund 7.058 7.186 14.244 TOTAL FIINDS 12.495 6.285 18.780 Comparative n¢t nKJvement in funds. included in the a&)ve art as follows.. lth¢oming Resour¢es expended Movement in funds Unresirleted funds Generdl fund 709 (1,610) (9011 Restrlcted funds Resiriiied fund 7,266 180) 7.186 TOTAL FUNDS 7.975 (1.6901 6.283 A cUent year 12 monihs prior ye8r 12 ntrthS ¢ombined posiiion is as follows.. Net vemenl in funds At 1.4.20 31.3.22 Unrestricted fundj General fund 5,437 (1.503) 3.934 Resirltted funth Re51riei¢d fund 7,058 7,826 14,884 TOTAL FUNDS 12.495 6,323 18.818 Page 7 ¢ontinued...
CAC TRUST NOTES TO THE IYAP*CIAL STATEME FOR THE I. ED3I MARCH 20 tontinued MOVEMENT IN FUNDS- ¢ODtiDued A curreni year 12 rnonths and prior year 12 nthS combined n¢t movement in fimds. included in the aboY¢ are as follow5.. Incoming r¢sour¢es Resout¢es expended Movement in fimds UnrestTbcted fundj Gcneral fund 8J82 (9.885) (1,503) Rricted funds Restri¢ied fund 12.985 {5.159) 7.826 TOTAL FIINDS 21.367 {15.0441 6,323 RELATED PARTY DISCLOSURES Thert were no related patty transactions fw the year ended 31 March 2022. Page 8
CAC TRUSf DETAILE FOR TH TEMEPT OF FINAT CTIVITIES ENDED JI MARCH 2 2022 2021 INCOME AND ENDOWMENTS Doth*tions and legaci¢$ Donations 13,392 7.975 Total iDcoming resourees 13.392 7.975 EXPENDITURE Other tdI)ll •etlvlii Member Expense5 Equipment & Repairs Premises Expenses ikaders Exp¢nse5 & Merfings Insuran¢¢ Sundries 7.137 186 928 3.157 762 1.184 80 30 722 845 13,354 1,690 Total resourc¢s eX1)ded 13,354 1.690 Net lttcome 38 6.285 This page does not forni part of the ststutory finan¢ial statemcnts ge9