Trustees’ Annual Report for the period
From 15/05/2020 Period start date To 31/05/2021 Period end date
Charity name: Love Mill Road
Charity registration number: 1189511
Objectives and Activities
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SORP reference
Summary of the Para 1.17 The objects of Love Mill Road, to be
purposes of the charity undertaken in the Romsey and
as set out in its Petersfeld wards of
governing document
Cambridge, are the following:
To further such charitable purposes
according to the law of England and
Wales as the trustees see ft from time
to time, in particular but not
exclusively through the provision of
grants
Summary of the main Para 1.17 and Love Mill Road supports people,
1.19
activities in relation to charities and organisations in the
those purposes for the electoral wards of Romsey and
public beneft, in Petersfeld to undertake activities
particular, the activities, which:
projects or services tackle inequality and create a
identifed in the more inclusive society
accounts. enhance the Mill Road
environment; and
celebrate local arts and culture
In 2020-21, the charity’s activities
were curtailed by the Covid 19
pandemic and the principal project
funded was the Mill Road Lantern
Trail , which encouraged people to
explore Mill Road and celebrated the
distinctive character, history and
diversity of residential streets and
independent shops within the Mill
Road neighbourhood at a time when
the annual street fair could not take
place.
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Statement confrming Para 1.18 The Trustees confrm that they have
whether the trustees referred to the guidance contained in
have had regard to the the Charity Commission’s general
guidance issued by the guidance on public beneft when
Charity Commission on reviewing the charity’s aims and
public beneft objectives and in planning future
activities and setting the grant
making policy for the year.
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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 Other
Achievements and Performance
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SORP reference
The Mill Road Winter Fair could not
take place this year (2020-21) due
to Covid-19, but Love Mill Road
Summary of the main
Para 1.20 provided funding for a Mill Road
achievements of the
Community Lanterns project and
charity, identifying the
difference the charity’s also a Mill Road Trail to support the
work has made to the local community
circumstances of its
The Mill Road Lanterns and Trail
benefciaries and any
wider benefts to society projects involved the local
as a whole. communities from 10 side streets
submitting ideas and images to
exemplify the special identity of
their road. A local artist used these
ideas to create 10 large lanterns
which were hung and illuminated
in ten shops/venues on either side
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of the Mill Road bridge in November-December 2020. Each lantern depicted the special character of the road it represents and also the distinctive characteristics of the shop that hosted the lantern. The host shops were selected to showcase the ethnic diversity and independence of Mill Road’s shops and culture. An illustrated Mill Road Lantern Trail featured the lantern venues, but also other things of interest up and down the road. The aim was to encourage artistic expression and a sense of community and to celebrate the distinctive identity of Mill Road. The Lantern Trail was promoted via the Mill Road Winter Fair website, social media and the illustrative Trail map and encouraged people to visit and explore Mill Road. The lanterns will form the core of a lantern parade which will be part of future fairs.
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 Love Mill Road is a new charity which
fnancial position at the was set up in 2020 with funding from
end of the period two principal sources – The Suzy
Oakes Trust (2,821) and Hoare
Trustees Mandarin Trust (7,500).
During the course of its frst year of
operation, it received further funding
from Binks Trust (£2,000) and from
individual donors (£2,607).
Statement explaining Para 1.22 The charity requires very little
the policy for holding reserves as it has no employees or
reserves stating why regular expenses. Its aim is to
they are held provide grants from donations
received. However, a small level of
reserves (c.£1,000) is held within the
bank account in case of unexpected
expenses or an urgent grant.
Amount of reserves held Para 1.22 £1,000 (within bank account)
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially Para 1.24 n/a
in defcit
Explanation of any Para 1.23 No concerns.
uncertainties about the
charity continuing as a
going concern
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Donations from both charitable trusts
and individual donors
The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
N/a – not large enough to warrant
investment of funds.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
The principal risk to the charity is
reduced level of donations, leading to
A description of the Para 1.46 fewer grants being made in pursuit of
principal risks facing the charitable objectives. Negligible risk
charity as going concern, since there are no
regular expenditure commitments
(including no staff) and therefore
trustees can always respond to
reduced income with reduced grants.
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Apart from the frst charity
methods including trustees, every appointed trustee
details of any must be appointed by a resolution
constitutional provisions passed at a properly convened
e.g. election to post or meeting of the charity trustees.
name of any person or
body entitled to appoint In selecting individuals for
one or more trustees appointment as appointed charity
trustees, the charity trustees must
have regard to the skills, knowledge
and experience needed for the
effective administration of the CIO.
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
Charity name Love Mill Road Other name the charity
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uses
Registered charity 1189511
number
Charity’s principal 32, St Barnabas Road, Cambridge CB1 2BY
address
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Katharine Collins Chair
James
2
MacFarlane
Lord Wilson of
3
Dinton
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others
Description of the assets 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
Trustee resignation following the period of this annual return: Lord Wilson of Dinton resigned as a Trustee of Love Mill Road in January 2022 and this change has been updated on the Charity Commission’s record Two new Trustees were appointed in November 2021 – Susan Rachel Biller and Dadhi Ram Chudali and these changes have been updated on the Charity Commission’s record
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) Katharine Collins Position (eg Chair Secretary, Chair, etc)
Date 19/02/2022
Charity Name No (if any) Love Mill Road 1189511
Receipts and payments accounts
Period start date Period end date To 5/15/2020 5/31/2021
For the period from
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donation - Hoare Trustees Mandarin Trust 7,500 - - 7,500
Donation - Suzy Oakes Trust 2,821 - - 2,821
Donation - Binks Trust 2,000 - - 2,000
Donation - Martin Pierce & Kate Collins 900 - - 900
Donation - other small donations 1,707 - - 1,707
- - - -
- - - -
- - - -
14,927 - - 14,927
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 14,927 - - 14,927
A3 Payments
Georgia King Design - branding, logo etc. 1,100 - - 1,100
Grant - Mill Road Lanterns project 2,990 - - 2,990
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 4,090 ] - - 4,090
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 4,090 - - 4,090
Net of receipts/(payments) [ 10,837 ] - - 10,837
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end [ 10,837 ] - - 10,837
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Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||
| B1 Cash funds | Co-op Bank current account Total cash funds |
to nearest £ 10,837 - - 10,837 |
to nearest £ - - - - |
||
| (agree balances with receipts and payments account(s)) |
OK | OK | |||
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
||
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
||
| charity’s own use | - - - - - - - - |
||||
| B5 Liabilities | Details | Fund to which liability relates |
- - - - - Amount due (optional) |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name |
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CC16a
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Last year
to the nearest £
-
-
-
-
Endowment funds to nearest £ - - - -
OK
Endowment funds to nearest £ - - - - - -
Current value (optional) - - - - -
Current value (optional)
When due (optional)
Date of approval