**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**|||
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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