2022-03-31-accounts

Objectiv	es	and Activit	ies
			SORP reference
Summary	of	the purposes	Para 1.17	The ob	jects ofthe CIO, which are to be
ofthe charity		as sei out in		carried	out in chesterfield and the
its governing		document		surrou	nding area, are:
				1)	the conservation and protection
					ofthe physical and natural
					environment for the public benefit
					through the promotion ofre-use
					and recycling and by advancing
					public education in matters
					relating to re-use and recycling.
				2)	to act as a resource for young
					people up to the age of30 by
					providing advice and assistance
					and organising programmes of
					physical, educational and other
					activities as a means of:
					a. advancing in life and
					helping young people by
					developing their skills,
					capacities and capabilities
					to enable them to
					participate in society as
					independent, mature and
					responsible individuals;
					b. advancing education;
					c. relieving unemployment;
					d. providing recreational and
					leisure time activity in the
					interests ofsocial welfare
					with a view to improving
					their conditions of life.
				3)	to advance education for the
					public benefit by providing
					support and activities which
					develop an individual's
					capabilities, competences, skills

									and understanding. In furtherance	and understanding. In furtherance
									of	these objects but not
									otherwise, the trustees shall have
									power:
										a. to establish or secure the
										establishment ofpremises
										and to maintain or manage
										or cooperate with any
										statutory authority in the
										maintenance and
										management ofsuch
										premises.
										b. to do other such legal
										activities as the trustees
										deem fit from time to time
										and which are in alignment
										with this constitution.
Summary activities			ofthe main in relation to those				Para 1.17and 1.19	In line with purpose 3(a)and (b)the Trustees searched for available
purposes			for the public					premises		in order to carry out their
benefit,		in particular,				the		charitable		activities. The Trustees also
activities,			projects		or			raised funds for initial restoration ofa
services		identified			in	the		premises		when one has been secured.
accounts.
Statement				confirming			Para 1.18	The Trustees confirm that they have had
whether		the trustees				have		regard	to	the guidance issued by the
had regard				to the	guidance			Charity	Commission on public benefit,
issued	by		the Charity					where applicable, when carrying out
Commission				on public				their activities during the reporting
benefit								r1od.

Commiss benefit	io	n	on public	on public			their activities duri r1od.	ng	the re	porting
Additional			information		(optional)
You ma	choose to			include		further statements	where relevant about:
						SCRP reference
							Cannon Mill Trust	did not make any
						Para 1.38	grants during the	reporting		period.
Policy on		grant making
							Cannon Mill Trust	did not have any
						Para 1.38	social investment	programs		during the
Policy on		social investment					reporting period.
including		program		related
investment
							Cannon Mill Trust	had three		volunteers
						Para 1.38	during the reporting		period.	All three of
Contribution			made	by			these were members		ofthe	trustee
volunteers							board. More volunteers will			be recruited
							in later years.
							NIA
Other

Achieve	men	ts	and Per	formance
				SORP reference
					During the reporting period the Trustees
					searched for premises to rent.
					Negotiations were on-going with
Summary ofthe main achievements ofthe charity,				Para 1.20	Chesterfield Borough Council to take lease on a building in town. These	a
identifying	the	difference the			negotiations were ultimately
charity's	work	has made to			unsuccessful and Trustees continued	to
the circumstances			of its		search for alternative premises.
beneficiaries and			any wider
benefits to society as a					During the reporting period the Trust
whole.					obtained income ofr13,000,through	a
					grant and payment ofadvanced rent,
					which will be used for the purposes of
					securing and renovating premises once
					they have been identified.

				NIA
Achievements		against	Para 1.41
objectives set
				NIA
Performance		offundraising
activities against objectives			Para 1.41
set
				NIA
Investment	performance		Para 1.41
against objectives
				NIA
Other

Financial Review	Financial Review
Review ofthe charity's			Para 1.21	The Trustees		have reviewed the
financial position at	the end			organisation's		financial		position at the
ofthe period				end ofthe reporting period. We are well
				prepared	to start		operations ofthe
				charity now,		with	R13,000ofseed
				fundin	in hand.
Statement explaining	the		Para 1.22	The charity does			not have a policy on
policy for holding reserves				holding	reserves		-this	will be developed
stating why they are	held			once the	charity		has secured a
				remises.
Amount of reserves	held		Para 1.22	NIA
Reasons for holding	zero		Para 1.22	NIA
reserves
Details offund materially		in	Para 1.24	NIA
deficit
Explanation of any			Para 1.23	NIA
uncertainties about	the
charity continuing as a going
concern

You ma	choose	choose	to include further statements	to include further statements	where relevant	where relevant	about
					The charity's		principal source		offunds
					has been	through		a grant award		and
The charity's principal sources offunds (including				Para 1.47	advance	payments		for space	rental.
any fundraising)
					NIA
Investment policy and objectives including any				Para 1.46
social investment			policy
adopted
					Principal	risk: failure to secure a
					premises
A description		of	the principal	Para 1.46	Mitigation: During			the reporting		period
risks facing		the charity			the Trustees		broadened their		search to
					include areas outside the centre					oftown
					and entered		into discussions		with
					multiple	external parties to identify
					potential	premises		that might	be
					secured.
					NIA
Other

Description	of charity's
trusts:
Type of governing document			Para 1.25	Charity Commission's		Foundation			CIO
trust deed,	ro al charter			model constitution
How is the charity			Para 1.25	Charitable Incorporated		Organisation
constituted?				(CIO)
(e 9 unincorporated
association,	CIO
Trustee selection methods			Para 1.25	The organisation is currently a
including details of any				foundation CIO, with	all formal			members
constitutional provisions election to post or name		e.g. of		ofthe charity also acting as trustees. Hence there are no elections, but
any person	or body entitled			anyone can apply to	join the board.
to appoint one or more				Trustees may also co-opt people on to
trustees				the board by asking them to apply. All applications will be assessed by the
				board &they may be	accepted			if it	is
				considered conducive		to the charitable
				ob ects &current strata
Additional information		(optional)
You ma choose to include further statements				where relevant about
				These will be developed		in the		next
				reporting period.
Policies and adopted for	procedures the induction		Para 1.51
and training	oftrustees
				During the reporting	period the			charity
				comprised a Chair, a	Treasurer			and	a
The charity's	organisational			further trustee supervising our
structure and any wider			Para 1 51	operations.
network with	which the
charity works
				N/A
Relationship	with any		Para 1.51
related parties
				N/A
Other

Charit	name			CANNON MILL TRUST CIO	CANNON MILL TRUST CIO
Other name the charit			uses	BED FACTORY CIO	Previous name
Re istered charit		number		1192473
Charity's	principal	address		C/0 MONKEY PARK	WORKS
				128A CHESTER STREET
				CHESTERFIELD
				S40 1DN

	Trustee name	Office (ifany)		Dates acted if not for whole year	Name ofperson (or body) entitled to appoint trustee ifan
1	Simon Redding	Chairperson
	Emma Knight-	Treasurer
	Strong
3	Jonathan Symons	Operations Trustee	Lead

Funds held as custodian	Funds held as custodian	trustees on behalf ofothers
Description ofthe assets		None
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own
assets

Names an	d addresses ofadvise	rs (Optional infor	mation)
Type of	Name	Address
adviser
vcs	Social Enterprise	The Workstation,	Paternoster		Row, Sheffield S1 2BX
	Exchange
Name of	chief executive or names ofsenior staff		members	(Optional		information)
N/A

					Unrestricted	Restricted	Endowment
	Categories		Details		funds	funds	funds
					to nearest 3	to nearest 3	to nearest 3
B1Cash	funds		Co-operative	Bank Account	3,000	10,000
				Total cash funds	3,000	t0,000
			(scree balances wsh receipts end payments
				scccuni(s/)
					Unrestricted	Restricted
					funds	funds
			Details			to nearest f
B2Other	monetary assets
B3Investment assets BaAssets retained for the charity's own use			Details Details		E3~ Current value o tionel Fund to which asset helen s~23
					Fund to which	Amount due	When due
			Details		lisbili relates	o tionsl	0 tlohsl
B5Liabilities
Signed by one or two trustees on behalf of all the trustees				Signature	Print Name		Date of approval
					Emma Kmght-Strong		2601.2023