2025-03-31-accounts

From 01/04/2024 To 31/3/2025

Charity name: Cannon Mill Trust CIO

Charity registration number: 1192473

Objectives and Activities

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SORP reference
Summary of the purposes Para 1.17 The objects of the CIO, which are to be
of the charity as set out in carried out in chesterfield and the
its governing document surrounding area, are:
1) the conservation and protection of
the physical and natural
environment for the public benefit
through the promotion of re-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 of 30 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 of social 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
competences, skills and
understanding. In furtherance of
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these objects but not otherwise, the
trustees shall have power:
a. to establish or secure the
establishment of premises
and to maintain or manage
or cooperate with any
statutory authority in the
maintenance and
management of such
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 of the main Para 1.17 and In the reporting period, the Trust continued
1.19
activities in relation to those to own and maintain its portable units,
purposes for the public purchased in FY22 for the purposes of
benefit, in particular, the facilitating quick access to, and use of, the
activities, projects or identified property. One of these units is in
services identified in the use by a future tenant of the Trust while the
accounts. other remains in storage.
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 their
Commission on public activities during the reporting period.
benefit
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Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Cannon Mill Trust did not make any grants during the reporting period.
Policy on social investment including program related investment	Para 1.38	Cannon Mill Trust did not have any social investment programs during the reporting period.
Contribution made by volunteers	Para 1.38	Cannon Mill Trust had six volunteers during the reporting period. All of them were members of the trustee board. More volunteers will be recruited in later years.
Other		N/A

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Over the 2023-24 year the Trustees to improve the lives, education and environment of local young people in North Derbyshire. In the previous reporting year we reported that the corporation who had committed to lease us the site for 30 years would now prefer us to purchase the freehold, offering a discounted price of £75,000 to take into account the collaborative work that we have done together to safeguard the site. We previously reported that we had been unable to submit a bid to the Community Ownership Fund. Many other capital funders do not allow use of their grants for building purchase. In the period we continued to engage with the few funders that remained open to us, in order to raise the £75,000 we need to secure the building and thus be able to move our portable units on site to commence delivery of our services.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Financial Review

Financial Review
financial position at the end of the period	Para 1.21	The Trustees have reviewed the of the reporting period.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity does not have a policy on holding reserves - this will be developed once the charity has secured a premises.
Amount of reserves held	Para 1.22	N/A
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:
sources of funds (including any fundraising)	Para 1.47	The charity did not raise any funds in the period.
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	Principal risk: failure to secure a premises Mitigation: During the reporting period the Trustees continued fundraising and negotiations with a building owner - with the intention of procuring the building previously identified.
Other		N/A

Structure, Governance and Management

trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	model constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation (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 organisation is currently a foundation CIO, with all formal members of the charity also acting as trustees. Hence there are no elections, but anyone can apply to join the board. Trustees may also co-opt people on to 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 objects & current strategy.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	No new Trustees joined during the reporting period. When new Trustees join, they receive a copy of the constitution, various adopted policies and an update on the status of plans. They are also provided access to all prior agreements and meeting minutes.
structure and any wider network with which the charity works	Para 1.51	During the reporting period the charity comprised a Chair, a Treasurer and four further trustees supervising our operations.
Relationship with any related parties	Para 1.51	N/A
Other		N/A

Reference and Administrative details

Charity name	CANNON MILL TRUST CIO
Other name the charity uses	BED FACTORY CIO (Previous name)
Registered charity number	1192473

C/O MONKEY PARK WORKS 128A CHESTER STREET CHESTERFIELD S40 1DN

Names of the charity trustees who manage the charity

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Name of person
Dates acted if
(or body) entitled
Trustee name Office (if any) not for whole
to appoint trustee
year
(if any)
1 Simon Redding Chairperson - -
Emma Knight- Treasurer - -
2
Strong
3 Jonathan Symons - -
4 Lucie Maycock - -
5 Richard Godley - -
6 Nathan Hamer - -
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Corporate trustees names of	the directors at the date the report was approved	the directors at the date the report was approved
Director name
None

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for whole year
N/A
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Funds held as custodian trustees on behalf of others

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Description of the assets None
held in this capacity
Name and objects of the N/A
charity on whose behalf the
assets are held and how this
falls within the custodian
Details of arrangements for N/A
safe custody and
segregation of such assets
assets
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Additional information (optional)

Names and addresses of advisers (Optional information)

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Type of Name Address
adviser
Name of chief executive or names of senior staff members (Optional information)
N/A
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Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

Simon Redding resigned as Chair and as a Trustee in the 2025-26 financial year, after the for 2025-26.

Declarations

Signed Signature(s) Jonathan Symons Full name(s) Emma Knight-Strong Position (eg Treasurer Trustee Secretary, Chair, etc) Date 22/1/2026

No (if any) 1192473

Charity Name No (if any) Cannon Mill Trust CIO 1192473 Receipts and payments accounts CC16a For the period Period start date Period end date To from Apr-24 Mar-25

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Grant income - - - - -
Rental income - - - - -
Sub total (Gross income for
AR) - - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts - - - - -
A3 Payments
Accounting 185 - - 185 -
Building repairs - - - - -
Storage 1,080 - 1,080 -
Advertising and marketing 35 - - 35 -
Sub total 220 1,080 - 1,300 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
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CCXX R1 accounts (SS)

22/01/2026

1

Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end	- 220 - 220 - 740 520	- 1,080 - 1,080 - 1,240 160	- - - - - -	- 1,300 - 1,300	-
					-
					-
				- 1,980	- -
				680	-

Section B Statement of assets and liabilities at the end of the period

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Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Co-operative Bank Account 520 160 -
- - -
- - -
Total cash funds 520 160 -
(agree balances with receipts and payments
account(s)) OK OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets N/A - - -
- - -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B3 Investment assets N/A - -
- -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
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CCXX R2 accounts (SS)

22/01/2026

2

B4 Assets retained for the

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

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2 x Portable office buildings general fund 8,760 5,256
- -
Fund to which Amount due When due
Details
liability relates (optional) (optional)
N/A -
-
Date of
Signature Print Name
approval
22/01/2026
Jonathan Symons
Emma Knight-Strong 21/01/2026
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CCXX R3 accounts (SS)

22/01/2026

3