## **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**|**-**| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**||| ||||**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**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees Signature Date of Print Name approval ## ## ## ## ##