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2023-01-31-accounts

Trustees’ Annual Report for the period

From January 2022 Period start date To May 2023 Period end date

Charity name: Grosmont Futures CIO

Charity registration number: 1197738

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To further or benefit the residents of
Grosmont Fawr, without distinction of sex,
sexual orientation, race or of political,
religious, or other opinions by associating
together the said residents and local
authorities, voluntary and other
organisations in a common effort to
advance education and to provide facilities
in the interests of social welfare for
recreation and leisure time occupation with
the objectives of improving the conditions
of life for the residents.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
To establish or secure the establishment of
a community centre and to maintain or
manage or co-operate with any statutory
authority in the maintenance and
management of such a centre for activities
promoted by the charity in furtherance of
the above objects.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The Charity Commissions guidance
documents were reviewed at meetings in
January and February 2022

.

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

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment

N/A Para 1.38 Contribution made by volunteers N/A Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Extensive consultation with the community
via questionnaires, meetings, open days,
social media to establish the needs of the
local residents to address rural poverty as
identified by the Rural Futures programme.
The aim is to reduce social isolation,
improve access to services and increase
social capital.
To this end developing the Town Hall into a
Community Hub has been identified as the
means of achieving this aim.
The project is in its infancy, a core activity
plan has been proposed and the necessary
upgrades to the building identified and are
currently undergoing Listed Building
Consent.

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
Review of the charity’s
financial position at the end
of the period
Para 1.21 £0.00
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Currently the project is in a formative stage
with no incoming or outgoing funds.
Amount of reserves held Para 1.22 £0.00
Reasons for holding zero
reserves
Para 1.22 Currently the project is in a formative stage
with no incoming or outgoing funds.
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 Currently the project is in a formative stage
with no incoming or outgoing funds.

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47

N/A
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 N/A
Other N/A

Structure, Governance and Management

Description of charity’s
trusts:
None
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution dated January 2022
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charity 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 first charity trustees of GROSMONT
FUTURES are the members of the
Grosmont Futures Committee as at 2
September 2021. They shall elect officers
from amongst their number. The first
trustees shall hold office until the first
annual general meeting
See clauses 10,11 & 12 of the CIO
constitution.

Additional information (optional)

You may choose to include further statements where relevant about:

N/A Policies and procedures adopted for the induction Para 1.51 and training of trustees N/A The charity’s organisational structure and any wider Para 1.51 network with which the charity works N/A Relationship with any Para 1.51 related parties N/A Other

Reference and Administrative details

Charity name Grosmont Futures CIO
Other name the charity uses N/A
Registered charity number 1197738
Charity’s principal address Woodbine Cottage
Grosmont
Nr Abergavenny
NP7 8EP

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Lynne Susan
Potter
Joint Chair
Mark Stephen
Foord Whitaker
Joint Chair
Janet Celia
Chatfeld
Joint Secretary
Oliver John
Harold
Huntsman
Treasurer
Alexander
Patrick Minford
Witold Jozef
Mintowt-Czyz
Deborah Pauline
Nevill
Joint Secretary
Joanna Wendy
Whitaker

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A 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 charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

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

N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc)

Date