## **Trustees’ Annual Report for the period** ## **From 1[st] January 2023 Period start date To 31[st] December 2023 Period end date** ## **Charity name: The Nethermoor Sports Development CIO** ## **Charity registration number: 1184827** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The purpose of the CIO is to issue grants**
**to organisations in support of amateur**
**hockey and cricket in the North East**
**Derbyshire area.**| |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 purpose of the CIO cannot be fulfilled**
**until it realises assets (redundant cricket**
**and hockey sports ground), which it**
**intends to sell. This cannot be achieved**
**for some years, but the Trustees are**
**using their best endeavours to fulfil that**
**requirement.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**In endeavouring to sell the sports ground**
**the trustees have, at all times, taken into**
**consideration the requirements and**
**guidance issued by the Charity**
**Commission.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**The Trustees have adopted a Grant**
**Making Policy, prepared by Lupton**
**Fawcett LLP.**| |Policy on social investment
including program related
investment|Para 1.38|**N/A**| |Contribution made by
volunteers|Para 1.38|**N/A**| 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|**The Trustees have entered into a legal**
**agreement, with an adjacent landowner,**
**for the long-term sale of the 6.4 acre site.**
**The sale commits the buyer to pay the**
**CIO in instalments, as plots of land are**
**developed and sold, over a period of**
**time, up to a maximum period of ten**
**years.**
**This agreement is totally dependent on**
**the buyer securing Planning Permission.**
**Over the last thirty years, the various**
**Trustees have taken legal advice and**
**pursued legal clarification which has built**
**up a legal debt to solicitors and**
**accountants. This debt has been partly**
**settled by Trustees loans. These loans**
**must be cleared before the main**
**purposes of the Charity can be fulfilled.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|**Initial Planning Permission application**
**has been refused.**
**The potential buyer is considering the**
**preparation of a new Planning**
**Application, based upon “Affordable**
**Housing”.**| |Performance of fundraising
activities against objectives
set|Para 1.41|**The Trustees obtained the first payment**
**under the legal agreement.**
**Part of the legal debt has been repaid.**| |Investment performance
against objectives|Para 1.41|**No monies have been invested.**| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity expects to receive monies**
**over a period of time, not exceeding ten**
**years.**
**Thus far the Charity has received one**
**payment that has been used to part pay**
**outstanding legal fees.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The land is held in trust by the Trustees**
**and is subject to a legal mortgage.**
**This is currently the only asset.**| |Amount of reserves held|Para 1.22|**Nil.**| |Reasons for holding zero
reserves|Para 1.22|**Until monies are released under the**
**agreement, no monies are available.**| |Details of fund materially in
deficit|Para 1.24|**The Trustees liabilities comprise,**
**outstanding legal fees built up over some**
**thirty years and Trustees loans which**
**have paid for accountancy fees and fees**
**associated with achieving charitable**
**status.**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The Trustees fervently hope to make a**
**success of this Charity but much**
**depends on their ability to monetise the**
**Trust’s only asset, which is the sale of**
**the former sports ground and that is**
**totally dependant on gaining Planning**
**Permission.**| ## **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|**The Charity’s only source of funding will**
**be derived from the sale of the former**
**sports ground and subsequent**
**investment with a fund manager.**| |---|---|---| |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|**The viability of the Charity is dependant**
**upon any potential developer gaining**
**Planning Permission.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**| |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 appoint a replacement**
**Trustee, having regard to the skills,**
**knowledge and experience needed for the**
**effective administration of the CIO.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Tendance at BHP |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Trustees attendance at BHP Trustee**
**Training Seminar.**| |---|---|---| |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|The Nethermoor Sports Development CIO| |---|---| |Other name the charity uses|Not Applicable| |Registered charity number|1184827| |Charity’s principal address|24 Somersall Lane
Chesterfield
Derbyshire
S40 3LA| ||| **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)**| |---|---|---|---|---| ||Gary Anderson
McCormick|Trustee||G.A.McCormick| ||Robert Greg
Anderson|Trustee||R.G.Anderson| ||Simon Leigh
Davidson|Trustee||S.L.Davidson| ||Andrew William
Miles|Trustee||A.W.Miles| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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**|| |---|---|---| |**Gary Anderson McCormick**||| |**Robert Greg Anderson**||| |**Simon Leigh Davidson**||| |**Andrew William Miles**||| |||| |||| ## **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)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |**Legal**|BRM Solicitors|Gray Court, 99 Saltergate, Chesterfield, S40 1LD| |**Legal**|Lupton Fawcett LLP|Stamford House, Piccadillly, York, YO1 9PP| |**Accountant**|Barber Harrison & Platt|2 Rutland Park, Sheffield, S10 2PD| |||| ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Gary Anderson McCormick
Robert Greg Anderson
Simon Leigh Davidson
Andrew William Miles|| ||

Trustees|| ||03/07/2024|| ||03/07/2024|| ||**NETHERMOOR SPORTS DEVELOPMENT CIO**
|**NETHERMOOR SPORTS DEVELOPMENT CIO**
|**NETHERMOOR SPORTS DEVELOPMENT CIO**
|**1184827**|**CC16a**| |---|---|---|---|---|---| ||**For the period**
**from**|Period start date
1/1/2023|**To**|Period end date
12/31/2023|| ||||||| |**Section A Receipts and payments**|||||| |**A1 Receipts**
**15**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**15**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 15**
**A3 Payments**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**_Sub total_ -**
**_Total payments_ -**
**_Net of receipts/(payments)_ 15**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**_Cash funds this year end_ 15**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**||**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**15**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**15**
**-**
**-**
**-**
**15**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**15**
**-**
**-**
**15**|**Last year**
**to the nearest £**| ||||**-**|**15**|**5**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**15**|**5**| ||||||| ||||**-**|**-**|| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||||| ||||**-**|**15**|**5**| ||||||| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||||| ||||**-**|**-**|| ||||**-**|**-**|| ||||**-**|**-**|**-**| ||||||| ||||**-**|**-**|**-**| ||||||| |||**-**|**-**|**15**|**5**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**15**|**5**| ## **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**
LOAN LIABILITY TO TRUSTEES
DEFERRED SOLICITORS FEES
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Agreement Error
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**8,397**
**9,412**
**-**
**-**
**-**
Print Name
GARY McCORMICK
ROBERT ANDERSON
**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**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||GARY McCORMICK|7/3/2024| |||ROBERT ANDERSON|**7/3/2024**|