Trustees’ Annual Report for the period
From 16 May 2022 Period start date To 05/04/2023 Period end date
Charity name: Devon Culm
Charity registration number: 1198963
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objective of the CIO is to promote the conservation of the physical and natural environment by promoting biological diversity and carbon sequestration on the culm measures. This will be undertaken in particular but not exclusively by acquiring land on the culm measures in Devon, managing this land in such a way as to create, restore and protect habitats and increase carbon sequestration, and by raising awareness and understanding about habitats on the culm measures. |
| 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 |
Raising funds, by soliciting private donations. Looking for land, to set up a nature reserve on. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard to the guidance of the Charity Commission on public benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | We are not a grant making charity |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| 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 | Raised £33,412.95 in contributions Claimed £3,750 in gift aid Approached numerous landowners and advertised for land. Formally bid on one plot (unsuccessfully) |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41
| set | ||
|---|---|---|
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held to fund the purchase of nature reserves and to fund their upkeep. A fuller reserves policy will be in place before the next annual report. |
| Amount of reserves held | Para 1.22 | £36,786.01 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Although we failed to purchase a nature reserve in this financial period, we are confident that we will achieve this goal and make Devon Culm a success. |
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 |
All funds are from private donations and the associated gift aid. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | All funds were originally held in a current account. There was a decision of the the trustees to open a savings account, to make the most of the reserves, whilst we seek land. |
| A description of the principal risks facing the charity |
Para 1.46 | Failing to find land seems to be our only significant risk at this stage, but we are confident that we will find some. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | 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 | Election to post by existing trustees |
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 |
None at this stage |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Small CIO run by trustees and treasurer |
| Relationship with any related parties |
Para 1.51 | Supported by Bulworthy Project. Bulworthy Project is a partnership between Mrs A and Mr PWC Grugeon, who are trustees of Devon Culm. Bulworthy Project provides free admin support for Devon Culm. |
| Other |
Reference and Administrative details
| Charity name | Devon Culm |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1198963 |
| Charity’s principal address | Based at: Bulworthy Project Rackenford Tiverton Devon EX16 8DL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Nicola J Channon | Chair | |||
| Peter J Etheridge | ||||
| Thomas B Parsons | ||||
| Anna M Grugeon | ||||
| Peter CW Grugeon | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and | addresses of advisers (Optional information) | addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| Treasurer | Suzanna J Hookins | Sheilings, Rackenford, Tiverton, Devon, EX16 8DU |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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
Charity Name No (if any) Receipts and payments accounts CC16a For the period 5/16/2022 4/5/2023 To from
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Private Donations 25,646 Crowdfunder Pot 7,767 Private Donations Gift Aid 3,750 37,163 - - Sub total - Total receipts 37,163 A3 Payments PayPal fee1 1 PayPal fee2 14 LandValuation - P Nancekivvel 360 - - - - Sub total 375 - - Sub total - Total payments 375 Net of receipts/(payments) 36,788 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 36,788 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 25,646 7,767 3,750 37,163 - - - 37,163 1 14 360 - - - - 375 - - - 375 36,788 - - 36,788 |
Last year to the nearest £ |
| - - - - |
25,646 | - | ||
| 7,767 | - | |||
| 3,750 | - | |||
| 37,163 | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 37,163 | - | ||
| - - - - - - - |
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| 1 | - | |||
| 14 | - | |||
| 360 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 375 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 375 | - | ||
| - | - - - - |
36,788 | - | |
| - | - | - | ||
| - | - | - | ||
| - | 36,788 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Bank account as at 5/4/2023 Paypal account balance as at 5/4/2023 Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 36,764 24 - 36,788 OK to nearest £ - - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
to nearest £ - - - - OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional) |
to nearest £ Endowment funds |
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| OK | ||||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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Signed by one or two trustees on behalf of all the trustees
Signature
Date of Print Name approval