## ## ## |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 ¤t 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|