Trustees’ Annual Report for the period
From 2 November 2020 to 31 December 2021
Charity name: Chippenham CAP Centre
Charity registration number: 1192100
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 for the public benefit: (a) the relief of poverty for persons generally in, but not exclusively, the Chippenham and surrounding area of Wiltshire who are in conditions of need, hardship or distress by reason of their social and or economic circumstances by providing and promoting the provisions of advice and other services as the trustees of the charity may from time to time think fit; (b) the advancement of education of the public in, but not exclusively, the Chippenham and surrounding area of Wiltshire in all matters relating to the management of their personal finances as the trustees may from time to time think fit; (c) the advancement of the Christian faith through care, compassion and relevant practical and spiritual help as the trustees may from time to time think fit. |
| 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 main activities of the Charity were fulfilled through the employment of a debt centre manager who, during the reporting period, was trained and mentored by the national CAP charity. Within the reporting period, the centre manager undertook or facilitated the activities described below in this report. The charity receives referrals for the services of the centre manager from the national CAP charity, who work alongside the centre manager to provide Debt Counselling and Debt Advice to individuals looking to be free from long-term structural debt, deal with urgent debt problems and resolve outstanding issues with creditors. Beyond this, the Charity has also begun to deliver the CAP Money course, a three week program of training for individuals to learn how to manage money and finances and learn how to save for future budgeted needs. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have read and have regard to the guidance from the Charity Commission on public benefit. All activities and work of the Charity are undertaken with consideration of the public benefit they are to provide and with the intention of maximising that benefit and the impact of the Charity. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The Charity is not, principally, a grant making charity. The Charity does however hold a small fund provided by a corporate donor intended to provide small items of food and or meet immediate financial needs. Any such needs are identified by the centre manager and communicated to the trustees, two of whom must confirm approval of the assistance sought. |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | Volunteers provide essential support to the work of the Charity. Currently volunteers: - Act as befrienders to those accessing the support of the Charity, providing a point of contact for the service users to provide emotional support to those dealing with debt. - Train as money coaches to deliver essential training on budgeting, saving and money management. - Assist in fundraising. |
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 | During the reporting period, the Charity received referrals for its services from the following organisations: SEETEC The Rise Trust Word of mouth Doorway Website Chippenham Job centre Wiltshire Council Adult Social Care Team Centre of Independent Living CAP Poster In the period the Charity worked with and supported 15 clients locally, 14 of these attended all 3 main debt counselling appointments. 5 of these individuals who were advised within the reporting period are now debt-free and 4 are still paying into a Debt Management Plan. In addition to this, the Charity arranged and ran two CAP Money courses at Station Hill Baptist Church and The Rise Trust Children's Centre. 10 delegates attended at least 1 of the 3 sessions at each of these events. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | In November 2020, when the charity was established, the intention was to raise sufficient funds to allow for two years of operation of the debt centre, with the hope and intention that over that period (so by December 2022), the centre would have been able to secure sufficient monthly donations to support its work into the future. The annual operation of the debt centre is anticipated to be around £20,000 at the current levels of staffing to service the current level of those accessing its services. This provides for a monthly cost of £1,750. At the end of December 2021 the Charity had regular monthly income of 15% of its monthly costs, but had secured sufficient grant funding to cover its operations for the first two years (so to at least the end of December 2022). The Charity is therefore in a reasonable financial position for the short term, but is focused on increasing its monthly income from other local sources by the end of December 2022. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity aims to hold sufficient reserved to cover 3 months of its running costs in order to cover staffing and administrative costs should it become clear there were insufficient funds for the Charity to continue its operations. |
| Amount of reserves held | Para 1.22 | £5,000 |
| 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 | N/A |
| Additional information (optional) You may choose to include further statements |
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 benefitted from, and is grateful for substantial grants for its first two years of operation from: 1) Wiltshire Community Foundation 2) Chippenham Borough Lands Charity 3) Wessex Water 4) Tesco |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution for a Foundation CIO |
| 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 | A majority of trustees must be appointed by the trustees of Trinity Chippenham CIO. Trustees are identified and selected for their skills and suitability by the current trustees and with a mind to the skills and connections the charity may need in the future. |
Reference and Administrative details
| Charityname | ChippenhamCAPCentre |
|---|---|
| Other name the charity uses | - |
| Registered charity number | 1192100 |
| Charity’s principal address | 115 Wood Lane Chippenham SN15 3EA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| PhilipWren | TrinityChippenham CIO | |||
| TimothyJones | TrinityChippenham CIO | |||
| David Jeffrey | TrinityChippenham CIO | |||
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 |
||
| Financial | Watchman Accountants Limited |
48 The Causeway, Chippenham, Wiltshire, SN15 3DD |
| Name of chief executive or names of senior staff members (Optional information) | ||
| Maria Baker, Centre Manager |
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 |
Philip William Wren |
|
|---|---|---|
Trustee |
||
| 17 October 2022 | ||
| 17 October 2022 |
| CAP Chippenham CIO Income & Expenditure summary 3rd Feb 2021 to Apr 6th 2022 | ||||
| 2021-22 | Income | Expenditure | Balance | Bank Balance Date |
| Corporate Donations Individual Donations Acts 435 Special Events Salary CAP Monthly Fee Bank Monthly Fee Blessings fund Expenses HMRC |
36,860.84 2,505.00 500.00 2,813.63 42,679.47 |
11,074.81 7,800.00 104.00 1,000.00 1,644.26 212.96 21,836.03 |
20,843.44 | 0 03/02/2021 20,843.44 06/04/2022 |
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusleesl members of Ilj f ecNIIII P C(NT6 On accounts for the year endod 05 194 /2oZI Charity no (If any) Iiq21.00 Sgt out on pages I report to Ihe trustees on my examination of the accounts of Ihe above Charity (Ihe Trust") for the year ended 0S101fr12 W. As the charitys trustees. you are responsible for the preparation of the accounts in accordance with the requir8ments of the Charities Act 2011 ('the Act"). Ro•pon$lbiliti08 and ba81s of roport I report in res of my examlnallon of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by Ihe Charity Commission under s8ctK*n 145(5Xb) of the Acl. Indepondont tr examlnor's Statement unde to eof I have completed my examination. I confim that no malerial matters have come to my attention in connection with the examination (other Ihan that disclosed below ') bthich gives me cause to believe that in, any material respecl.. th8 accountirvJ r8cords Wre not kept in accordance with s8ctlon 130 of the Charities Act- or tbe accounts did not accord wth the accounting rècords., or the accounts did not comply wth the applicable requiremenls conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulats'ons 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part of an independenl examinati¢Jn. I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in Ihis report in order to ersable a proper understanding of the accounts to be reached. . Please delete the words in the brackets rf they do not apply. Signed: Dat8: 3023 Name: 14,fT s -iofllLRR 04VIO ICHMOhJ ttART£ffLO h rAl Relevant professlonal quallflcationlsl or body IER Oct 2018
(ff any): Address: ausew8y. Wiltshire SN15 3DD Company No". fft.. chris watchtn¥natcountsnt&cun Tel.. 01249 658059 Section 8 Disclosure Only complete if the examiner needs to highlight malerial matters of concern Isee CC32. Independent examination ol charty accounts: directions and guidance for examinersl- Glve here brlef detalls of any Itoms that the examiner wishes to dlsclos•. IER Oct 2018