## **Trustees’ Annual Report for the period** **From 01 April 2022 to 31 March 2023** ## **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 1 88201493-1 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 on from the resurgence in
membership numbers, the charity
continued to improve membership numbers
up to a total of 43 members over the year.
The increase in overall member numbers
contributed to an ongoing increase in DofE
participant numbers as well, increasing
from 5 to 15 over the year – more than a
third of total membership numbers.
The increase in numbers made it possible
for a full program of activities and overnight
weekend trips to take place.
The weekend trips program included taking
members away to carry out activities such
as surfing in Devon, paddling down the
River Wye in canoes and camping
overnight, staying in a youth hostel in the
Lake District for a ghyll scrambling and
mountain adventures weekend, finishing off
with a weekend in a totally off grid house in
the Rhinog mountains in Wales, carrying
out some mountain adventures and
mountain biking during the days.
During the year the group ordered and took
delivery of a set of 10 new mountain bikes
and stored them in a newly created storage
facility in our base at the Church Hall in
Bickenhill.
Due to the new joiners of the DofE program
joining in the later part of 2022 there wasn’t
a requirement to carry out a DofE
expedition in 2022.
Over the year 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 membership
numbers,financesimproved as aresult,| 2 88201493-1 creating a more stable basis for the group to operate. **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|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| 3 88201493-1 |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||| 4 88201493-1 ## **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|ChallengeAdventure Group| |Registered charity number|1182688| |Charity’s principal address|21 Wychwood Avenue, Knowle, Solihull, B93 9DF| ||| 5 88201493-1 ## **Names of the charity trustees who manage the charity** |1
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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||| |||| |||| |||| |||| |||| 6 88201493-1 ## **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** 7 88201493-1 ## **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 24 January 2024** 8 88201493-1 RECISTIRED CHARITY hUML BER.. 1182688 RT FTHEIRL.S ANO 'NAL'DITED FIfvI IA A TEP¥lENT THL I'EARENDED3I FO CAG I"RLST F TIIE FINA*CIAL ST AI'E.IIF.*IT FOR"1 IIF. YF.AA F.NDED I RCJI 201J P*t Report of the Tr¥iiet5 INd¢yMdenl E¥amln¢r's Repo St•¢¢m¢hi •( ArtTrvhi¢s BMl•#ce She¢t 4oies 10 iht VINiTh¢l•l Sthie•e# Dei•Sl¢d Sl*itnb**f QtFinancl•l Atlivlilej CA6 TItIST REPORT F THE TRL TEES FOR THF. I EAR F.YDEO 31 MARCH 202) I'hL Irusiecs Prt￿ni iheir rcpDrt Ihc financial yaitmenis of tht ¢hari%y foy Ehc >eat en￿.d 31 Marth 2023. Thc Iru5t¢¢s adopied th¢ provision5 of Aceouryling knd Rqh)nin8 Chariiies Siaicmeni ol" Rectsmynrndtd Praciice ppliLBbl¢ Iv (hariiits preparinB Iheir dLY(NJnis ID accurddnL¢ wilh Ihe Pinaniidl R¢porting Standdrd iipplitsblL In LhL UK and Republ* thr Irtland (FR% 1021 ieffectii¢ l Januawy 3019). srRIICTL1RE, GOI'ERNAwcg.4hD MAW.ICE%IEWT docurntni 'I"h¢ ¢hatit) 15 controll¢d by ils 8u%'erninB &>comtnt. a &edo1 misi dnd consiilulcs a C'.10. RF.FFRE%C-F AND ADMI%'I%TRA TII'E DETAII.S R¢g￿t¢red Ch*rlty Plumbtr Prin¢ip*l addit 21 Wychwl￿d Ai¢nu¢ Knuwle '¢si Midland5 YDr TruJit¢s % Thoma5 M A (jib50n M5 R 11 Billin8ha Mrs 11 C'lif IndepETrdthl Liirnlntr Mrs J Bi89* 1 ( IA.( TA ArmstN)ngs fiishop Sirnmtsn> (."hari¢rcd Ac¢4)un14nis an¢J Tax Advison eihift I loufi 36 Bvnd Slreei NtsThc9ti)ft war￿l¢k$￿are C-V114DA Approled b) Lirder ol'ihr N)aid vf i¥usitts on 25, J•nuary 2024 pnd 518ned on lis t*hall b).. M. Gib500. Ttustre INDEPE%D£NT ÈXA.MI%LR'S JiEPORT TO ¥IIE YR CAG TRLSY ISTE Indtpenrfent ¢I¥mlTrtr'i r¢port lo tht t￿￿$￿*¢5 of f.AC. ItU5t rew)rt tLb the ihdrilTr (rusitts On m} exarnin*tion 01 ihe accouDlS UI C'Ats itht Irusi) for th¢ ￿eal endtd J I MaFch 2023. Rtspoth$ltylilie5 and balis report A) Ilie charilk tru3Tc¢S of Lht Trusi lou ar¢ iw)n5ible l¢)r th¢ uf ik accounts in /t¢urdance with the rwuiremcnLS of the Chariiies Aci 2011 I'ihE A¢'I_ I in re5peci Gf my tKaThinalion (>f lh¢ Irusi-s 8¢eOVnl> c￿ried oui Undrr 4¢¢iiun 1,15 vl ihe Aknt And In Ljrrying uur my tvminaiion I have follo￿ed all appli¢dblt D¥rccttiX758lltn b> Ihc Chariiy C'ommiSSiOft undtf SLrtion 14i15Kb} of thE Aci. I#dtpendtnt ex•ml#er'5 StAtt￿t￿l I compleied m) t¥6minaiion. I coftf*rm m4reTi81 rnatteTS ¢omt w my atitnTiOn in connection ￿1th rht ¢x•minaiion 8ii'in8 m¢ t4usL' ￿ belle￿¢ thai ih ffl$¢erial tespeci.. ac¢ourtling rccords w¢re noi kcpt in re$peci of the TNSI 4$ ttyuiied by SeuioTh IJO of th¢ A¢i," or lh¥ noi ¥ioril ￿11th i&ise r¢￿￿d$. or rhe accouThi% dts noi Ci)rnpI) Ihe applitAble rcwirtrn￿t5 ¢ODf¢rnlll8 Ihc form and ¢oni¢ni Of I¢￿}unIS oui in the C'haiiiie5 (Accounts and Rewrtsi Rr8ulalions VK)8 uih¢T th8D *n> rtquircmeni iht at¢oun15 Biv¢ a trur lair I'iew ivhith i& Troi a maiTer c(￿51￿¢1¢d as pan afi inderthd¢ni exam'.n¥iion. I hAWe no ¢orKcms and ha*¢ wme xross no ￿h¢1 mar(er5 in Con￿¢11t￿ ¥'iih the cxamin•Liun whs¢h &ieniiun should be drawn in Ihi5 rtpon in order ￿ ¢Bèblt 8 PTop¢r w¢dtssiaThdiA8 of the accouttis LO bc r¢ath¢d. Mr¥ J. Eltg¥% FCC'A. cfA Arrnstrfin8s 8ishi?p 51inrniTrn5 Lhartertd Aiwuniants and 141 Ad%jsors (iu'ihin Iltsuse Jfi FIDnd %irttt Nunt¥ion WarvJickshire C.'V I1411A 25, J¥nuary 2024 STA ￿EN￿￿T FnR THE I'E4R F.4'DF. 1.4L A 'iY JI MARCH 202J 2023 Total runds 2022 Total lunds xiircstr>c￿d funds R¢SiriciLYi rund INCOMTr. AND £NDOW'PwlEP4TS fROM thjnatiofts artd l¢gailC5 Inve5tm¢nt income 20,229 27.91 I 48,140 Total 20.260 27.911 lJ.392 ExP[￿DITL FiE O Raisin8 futsd& 18.276 32,259 50.535 13,354 NET IP4COME/IEXPENDITURE) 1.984 14.3481 {2,3641 38 R*.C'014CILIATION Ofr FIINDS 10141 fuTrds bro￿8hi f()f¥4'ard 3.9J4 14M4 18J18 18.?80 TOTAL FL'NDSCARRIED FORI¥ARD 5.918 IOJ36 18 16.454 ￿18 The noie$ forni rArt of these financial $tstrmenis Pa8t 3 CAG TRUST E SHEET JI MARCH 023 202J Noks CIIRRENT ASSETS Cash al bank •nd in h•nd 16.454 ET CURIIEtyT ASSETS 16.454 TOTAL ASSF.TS I.F.SS CI'RRF.WT LIABILITIES 16,454 T ASSETS 16.454 IINDS 5,918 3.934 Endu¥¥'meni funds TOTAL frL'NDS The fi¥thnci#l 51akmrnt5 w¢re Ippr￿ed b) Ihe ol TrusLee& ￿thOrISt4 for 25 Jthnuary 2(>*4 &nd rl. si8ncd its bth4llb>' M (iib5()n-'l Nsi¢¢ Ihe notes foTrn PaYtoftt>¢st fiNancial statemen P8Ee 4 G TRLST TOT FOR THE Fl4 4Y IALS DED 31 IIARCH 102 ACCoD￿T1P￿c POLICIES B•515 oIpfeparfin8 iht Anan¢i*l stat¢•ents I he finan¢i81 siaiemeDis of ihe chariti. whi¢h Is a pjblic enli¢) uDdcr FRS 10? ha￿e btcn pr¢pared I occo¥danc¢ Wilh ihc Chariiitt SORP (FRS 1021 'AccountiftE and R¢poffin8 by ('haYiiies.' Stattwrml of RrLixKmende41 PraLii¢t applic&blr ILTr cliariiits pr¢parkn8 the?r accounts tn a¢LuJrdorKe %¥iih the Financial R¢wJrting Siandard tpplitablc in the UK &id R¢public uf Irc1￿￿* IfrRS 1021 i¢ff¢¢ii%t l Sanuary 2U191'. Financial Reporting Srandard l(12 ryhe Fin#hL131 RcFknrt¢n8 Si¥#dard applic#hlc in ihe LIK Bnd R¢public or Ireland. and Ihe Charilie5 A¢1 2011. Th¢ finaDii¥l S[a￿tAL￿ b¢en PT¢pared under ihc htSturi¢sI C05L ¢onscnTion lJtom¢ Ali iTr£omt is rt¢o8niscd in Sialem￿¢ ofi"Tnancial AdiTrss1itsoJ*¢ thc ehariry ¢niiiltm¢ni ￿ the funds, it 1.% pN?bahle thAI Iht iM)me will b¢ rteei¥cd Ind Ih¢ mcasur¢d reli•bl>. Eipendlturt l.i&biliiiey art reiQ8ni5td 4s ¢%￿nditUTe as rhtff 15 • lexal or cortlirvciive obli8at10n ¢ommittin8 th¢ ¢*aiii) io Ih41 txprndiiur<, it is probabk ihd¢ # ￿￿￿5(cr olt¢ontsmi¢ t*Ncfii& %4ill b2 requii¢d in s¢iilem aliributed 10 particular headin8$ Ihey habe brtn alloca*d ￿ *11￿1￿¢$ a basi$ con515*nl ¥4iih the use ol rcJourccs. Th¢ ¢haiiiy is excmw from on its ¢h•riknble ￿1￿1[1¢5. nrcstriilté lunds bc In acthIda￿'¢ wilh IheL*¥riLybl¢ obj¢&¢i%¢$41 the disireiitsn &frh¢ irnst¢es. RL'sif1ii￿ funds can vnl) fi>r pani£ul•r reMricie41 puw5 i¥lthin th¢ objtiis of ihc ¢harii>. Rc51ri¢iiui55 aiise ￿hen ￿tIlled b) Ihv dLW UV Mh¢n fundsare ¢4i)ed fw p4nt¢yl41 rttirickd purKx>&e&. Furthw ¢Kplanaiion of the oaiure ind puTth¢ of cach lund is irKl4ded in thc notes w the lirAnci41 s¢aiemenis Pa8¢ 5 nTF.S TO THF. I￿ANCIAL SI'AI ￿.￿lF.￿'T￿. FOX I"Mk l EAR Z%DED JI MARCH 202J Ir*VEST.MLNT INC'OME 2023 2022 InL¥T¢sI￿Le1i￿bI¢ T AUSTEES. REMI.'liL'RA TIOY AWD bEhLFITS I h¢rc wcrt no irusith's i¢muTrer&Lion or othcr bcnefils lor the >ear cndcd J l M•r¢h 2023 ty)r for Ihc ycar ¢ndi'd J l Marlh 2022 Trvsttes ¢ipethscs. I here ￿¢r¢ rK> trvsit¢s expen5C% P4id in iht >ear end¢d 31 March 2023 nor for the ytar tnded J l Mv¢b 2022. COMPAIi4TIVE5 FOR THE ST A TE*leN I OF FIYANC"IAL ACTIVITIES Un¥esiricied funds R¢51r]￿ed fund Total funds INLor*lF. AID EYDOWhlF.ryTS FROM 7.673 13.3Y2 EXPF.'liDITURE O kdisinB lunJs ÉT 1Tr4COMF.IIF.XPF.NDJTliRF 1602) 38 RE.<-ONCILIA TIOW OF FI'WDS loial lund5 trAou8hi iorwaid 4.536 14.244 18.78L) TOTAL FUNDS CARRIED FORWARD 3,934 P28e 6 conlinutd... CA - TRIIST .NOTES TO TIIE FINA%iC. F'OR TIIE I'EAII .4T EDJI ozj ANAL Tr SIS OF Tr4kT ASSETS BETWEEty FL'NDS 2023 Totsl funds 2022 K¢siiiti¢d lund fund& C'urTeni asscls 5.918 10.536 16.4J4 5.918 10.536 16.454 MOVEME.IT JP4 Fb',YDS Ai .4.22 Mo%tm￿1 kn fuThls At 31.3.23 G¢n¢ral futyd 3.934 1.984 5,4 Rt51rlcied f￿ld1 Rtxrici¢d 14.884 14,348J 10,¢164 TOTAL FL'NDS 16.454 NL'I Jnov¢m¢nt in in¢lyd¢d Trn ihe ar¢ 15 follo5￿.. Intomin8 ie5uurce5 Rty)urc ¢xp¢nJe4 (iains and Iu5srs Movtm¢ni Llnrulrlcttd n furyjs, included in the Abuvt u¢ is tolbw5 InwmiA8 icsources Rex>uTC tMptTrded (xains #nd 105ses Mthkcrncnl In luDds Ilnresttl¢ied fuAds Ci¢n¢t41 7￿73 (6021 R¢$tricted fuThd5 5,719 (5.0791 640 TOT AL FLPIDS 13.3541 38 A Luncnt year 12 monlhs and prior year 12 months cornbined w)silion is as follows.. Al 1.4.21 Ai31J.23 mre5trkltd l¥nds GLneral fund 4J36 1,382 5.918 Rrstrkitd f¥Ddi Resiri¢ied fund 13,7081 10,536 IOI'AL FUNDS 18,780 (2.3261 6.454 P4¢8 ¢vnlinued... CA TRL TE5 TU"IHTr" F .4%CIAL .4T .￿E￿Ts . FOR THE YEAR ENDED JI MARCH 202 htinvcd MOVEMENT I.* FUVD5 -t{￿liA￿t& A turreni yiAr 12 M(￿l￿S and 4 pri(x)e* 12 monihs cvmbinal mi)%crncni irt incluitsl in the ab¢i%e Artas ftsllows". Incomkn8 rcx)urce5 ReH)urces Movemenr in fuTrds URres¢r￿1¢d fuRds tien£ral lund 27,933 5,382 R¢stTi¢itd futyds Rtsiri¢itd fund 33.630 137.3381 (3,7081 I'OIAI. FbliDS 61.503 (63,8¥9 J 12.J261 RILAI'ED PARTY DISCLOSlyRF:S Th¢r¢ &4'¢rt Ko r¢l4itd part) Wdnsxiions for Lht)tarcnd¢d J l Marth 2023. P4e9 CAC fRUST &I"AII.EO SI'.4T£NIEfyT OF F'INANC'IAL AC"[ II'ITIES R THLVEARÈYDÈD31 YARCHI• 202? INC'O.ME D ENDOM'IllE.%TS DDnaliDns Ind ItRatlt5 Donaiion5 4¥.140 13.39 lTrvutm¢o1 lTrtorne T(bt•l ltycomlni rtsoyrtt5 13,)92 EXPENDII'lJRE Mcmb¢r I'xp¢nscs F.4uipmcni & Repairs Pr¢tTrises l-xp¥nsrs L¢adL'ts Lx￿01<$ & Mrelin45 In5tsrattce undries 29,282 186 428 3.157 762 3.jlo 6,462 1.424 264 50.474 lJ.354 Fin*nce B4nk LharBCS 'ruI￿1 r¢Jl)ufLL'S CXPLnJ¢d 50.535 Ntt Icxpendliuye) I Ineom¢ (2J641 38 'Ihi5 page &)es foTrn paYE ofthe statuior¥ financizl sthitments Pa¥e 10