The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Annual Report and Financial Statements Year Ended 31 March 2021
| ______________ | |
|---|---|
| Contents | |
| Refence & Administrative Details | 2 |
| Trustee’s Report | 3 |
| Statement of Financial Activities | 6 |
Page 1
The Fig Tree Project [Stonehouse] [An Incorporated Charitable Organisation]
Reference & Administrative Details
Year Ended 31 March 2021
______________ Trustees Catherine Thompson Marc Chevalier Keith Creighton Lesley MacLeod-Downes Stephen Harrison John Thompson Lia Tonkins Irwin Wilson Secretary John Thompson Treasurer Marc Chevalier Registered Office Hillgrove Verney Road Stonehouse GL10 2QD Charity Registration Number 1183851 Solicitors Leeper Prosser High Street Stonehouse GL10 Bankers The Co-operative Bank plc 1 Balloon Street Manchester M60 4EP
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The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Trustees Report
Year Ended 31 March 2021
The Trustees present their annual report together with the financial statements for the year ended 31 March 2021.
Trustees’ Annual Report 2020 - 2021
The Fig Tree Project is a Charitable Incorporated Organisation run in accordance with our Governing Document. Our Governance Structure comprises a board of trustees who are elected by the trustees for a three year term of office, which may be extended by subsequent terms. The board of trustees provide strategic overview of the work of the CIO, establish and maintain policies and guide the work and vision of the organisation.
The function of risk management lies with the trustees and is reviewed on a regular basis.
Charitable Objects and Objectives
The Objects of the charity as set out in our governing document are:
The advancement of the Christian faith in Stonehouse and the Severn Vale west of Stroud in such ways as the trustees think fit including through pastoral care and outreach into the community as a means of carrying out the mission and outreach work of the faith, for the benefit of the public.
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The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Trustees Report (Continued)
Year Ended 31 March 2021
Achievements during the year 2020 - 2021
The restrictions associated with the Covid-19 pandemic continued to frustrate plans to actually open the project on Stonehouse High Street.
Trustees successfully negotiated agreements with grant-awarding bodies that they would continue to support us, and only pause their grants until such time as the project could be properly launched.
The project continued to develop links in the community and with other community groups to develop the offering in the light of changing circumstances and also expects to receive additional grant aid from other sources of funding once the project is operational.
The volunteer team has received regular updates on progress.
Plans for activities and policies have been reviewed in line with likely continuing covid restrictions to enable maximum activity within any constraints arising from the pandemic.
Priorities for 2021- 2022
The trustees aim to complete the lease of the High Street premises and refurbish the rooms as soon as practical.
Activities will commence as soon as practical given the restrictions caused by covid and the limitations placed upon some volunteers. This inevitably means a more phased opening of the project than originally envisaged, but the trustees consider that this should be seen as an opportunity to more organically develop the work according to the changing needs of the community.
The retail activity, upon which the future financial health of the project depends, will start as soon as the shop part of the premises is available.
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The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Trustees Report (Continued)
Year Ended 31 March 2021
Public Benefit
The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning future activities.
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The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Statement of Financial Activities
Year Ended 31 March 2021
Income:
Opening Balance 01/ 04 / 20: £12,493.00 Sylvanus Lyson’s Charity £ 5,437.50 Donations £ 100.00 TOTAL £ 5,537.50
Expenditure:
There have been no expenses/outgoings in this financial year
Net Cash Flow: +£ 5,537.50 Closing Balance 31/03/2021: £ 18,030.50
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The Fig Tree Project [Stonehouse]
[An Incorporated Charitable Organisation]
Statement of Financial Activities
Year Ended 31 March 2021
The financial statements on page 6 were approved by the Trustees, and authorised for issue on 20th October 2021 and signed on their behalf by:
.........................................
Catherine Thompson - Chair of Trustees
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