2023-09-30-accounts

Trustees’ Annual Report and Accounts Financial

Period: 01/10/2022 to 30/09/2023

Charity name:	All Cannings Community Trust Charitable Incorporated Organisaton
Other names by which the charity is known:	ACCT CIO
Registraton number:	1194918
Principal address:	All Cannings Village Hall (ACCT) The Street All Cannings Wiltshire SN10 3PA
Trustees:	Mrs. Alison Leese (Chair untl 1 June 2022) Mr. Richard Drury (retred 1 June 2022, deceased 22 July 2022) Mr. Peter Wilson (Chair from 1 June 2022) Mr. Peter Cooper (co-opted by trustees 1 June 2022) Mrs. Sue Webb Mr. Robert Chesson (Actng Secretary)
Historical Background:	Over the last 100 years, the parish of All Cannings and Allington has benefted from a 1917 bequest by Miss Mary Watney, comprising the village hall and the land around it. Mary Watney was fond of the village, and she wanted to support family life by providing social opportunites. The hall and land were to be used for the good of all parishioners and were to be managed by the village rector and the churchwardens. Over the years, the hall became the social centre of the village and in 1971 it was converted into a village hall and a 50-year lease was granted to the All Cannings Village Hall (ACVH) Trust by the trustees of the Miss Mary Watney for Reading Room Charity (MWT). This lease expired in the Summer of 2021. In 2005 and on untl 2021, the ACVH Trust sub-leased part of the land to the Village Shop (ACVS), a not-for-proft Community Beneft Society, on a series of fve-year leases. The last of these has also now expired.
Main actvites:	Over the last fve years and in the period that this Annual Report addresses, volunteers and trustees from all three organisatons (MWT, ACVH and ACVS) have come together to work out a plan based on modern charity rules and with a view to streamlining the charitable organisatons involved.

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	They created the All Cannings Community Trust (ACCT), a charitable incorporated organisaton (CIO). It was registered in June 2021.
Governance:	The ACCT is a registered CIO using the foundaton model. Its modern and fully accountable consttuton (last amended 12 March 2021) was drawn up in line with the model rules for Village Halls promoted by the Council for the Protecton of Rural England and has been approved by the Charity Commission. The frst set of trustees are named in the consttuton and were drawn from the trustees of the MWT, the ACVH, the ACVS and the village in general. The ACCT will hold an open village meetng every year at which an account of the year’s progress will be given. Future trustees will be re-appointed or replaced by the village and will, therefore, represent multple viewpoints from the community. The ACCT has a clear mission to support all who live and work in All Cannings and Allington, furthering the inital mission of Mary Watney.
Aims and objectves:	The objects of the CIO are to establish and run facilities (to include a village hall) and to promote for the benefit of the inhabitants of the Parish of All Cannings and Allington (“area of benefit”) without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life of the said inhabitants. Importantly, these objectves do not te the Trust to only managing the Village Hall but create the opportunity for other land or buildings to be managed in the future. The new charity is, therefore, ft, and ready to manage the village hall and its land and look for other opportunites to support village life.
Going forward:	Both the MWT and the ACVH Trust have teams of trustees registered with the Charity Commission who are authorised to approve the transfer of their assets to the ACCT(CIO). A frm of charity solicitors have completed the paperwork necessary to ensure that we receive Charity Commission approval and that a seamless transiton was made on 31/08/2023. Once this has been accomplished, the ACCT will be able to issue a new lease to the Village Shop. Instead of a short fve-year lease, this will be a 30-year lease, giving the shop the ability to plan ahead for the replacement of the old buildings.

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Financial maters:		In this fnancial period the ACCT did not have its own bank account. The Village Hall set up a subsidiary savings account to handle income and expenditure on behalf of the Trust. On 31/08/2023 all accounts held by the Village Hall were transferred to come under the Trust control. During this fnancial period, transactons were wholly devoted to the process of preparing the Trust to take the transfer of assets from the ACVH and the MWT up to 31/08/2023. Trading was carried out from 1/09/2023 onwards and is detailed in these accounts. The ACCT received a grant of £2,500 from the Wiltshire Community Foundaton towards these costs. It has been agreed that expenditure above this will be shared equally by the ACVH and the ACVS. The Community Shop will meet its own legal fees for the executon of theproposed lease.
Accounts for the period:		All Cannings Community Trust Income Hall Hire Fees 712.75 Hall Hire Equip 28.00 Telephone Fees Received 18.09 Interest Received 26.25 TOTAL INCOME 785.09 Expenditure Cleaning 127.50 Refuse Collecton 24.36 Telephone 27.24 TOTAL EXPENDITURE 179.10 Proft/Loss 605.99 Current Assets Accounts Receivable 1641.61 ACCT Bank B/F 1780.00 ACVH Treasurers Account 2156.67 ACVH Savings Account 5127.21 ACCT Set up Ring fenced savings 5000.00 All weather surface Joint project savings 3000.00 Bank Deposit Contngency Fund 15,000.00 Cash in Hand 36.75 Prepayments 951.29 Current Liabilites ACVH Accounts Payable (40.86) Total Assets Less Liabilites 34,652.67

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Opening Balance 1780.00 Transfer closing balance of All Cannings Village Hall 32266.68 Proft from Trading 22-23 605.99 Closing balance 34,652.67

Date:

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