## **Trustees’ Annual Report for the period**
**From May 2023 Period start date To April 2024 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 the
area served by Grosmont Community
Council (GCC), 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 and will be re-
visited in June 2024.|
**.**
## **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
has achieved the planning and building
stage.
The National Lottery Community Fund has
awarded GCC £300k for the project. The
Architectural Heritage Fund has awarded
the project £50k and GCC have pledged
£30k.
Work is underway to appoint a Hub Co-
ordinator for 2 years to promote and run
activities.
In 2021 we received a microgrant of £750
from Rural Futures to be used for
Community Engagement. 1stFebruary
2023 £202 remained.|
## **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|Para 1.41|N/A|
ainst ob'ectives
NIA
Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|£628 ring fenced for Community
Engagement|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Currently the project is in a formative stage|
|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|No uncertainties|
## **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 19 May 2023|
|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~~
~~c~~harity trustees of GROSMONT
FUTURES are the members of the
Grosmont Futures Committee as at April
2024 with one new member added.
See clauses 10,11 & 12 of the CIO
constitution.|
## **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|
N/A|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|N/A|
|Relationship with any
related parties|Para 1.51|N/A|
|Other||N/A|
## **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
9|**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||||
||Nicholas Jones||||
– 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)** Lynne Susan Potter **Position (eg Secretary,** Co-chair **Chair, etc)**
**Date** 19.11.2024
## **Grosmont Futures CIO**
|**Accounts for theyear to 31 January 2024**||£|£|
|---|---|---|---|
|||||
|**Income**||||
|Donations||5.00||
|||||
|**Total Income**|||**5.00**|
|||||
|**Expenses**||||
|Miscellaneous Expenses||173.78||
|||||
|**Total Expenses**|||**173.78**|
|||||
|**Excess of Expenditure over income**|||**168.78**|
## **Reconciliation of Cash**
|**Opening Cash at 1 February 2023**|||**201.79**|Agreed to B|
|---|---|---|---|---|
||||||
|**Excess of Expenditure over income**|||**168.78**||
||||||
|**Closing balance as at 31 January 2024**|||**33.01**||
|**Breakdown of Miscellaneous Expenses**||||
|---|---|---|---|
||**Date**|||
|Lynne Potter refund of expenses approved|#######||104.49|
|Lynne Potter WH Smith Argos Xmas tree|#######||17.50|
|Jan Chatfield Chocolates for Xmas trees|#######||51.79|
|||||
|**Total**|||**173.78**|
All expenses approved by two committee members and supported by valid expense vouchers