## **Trustees’ Annual Report for the period**
## **From 10/06/2022 Period start date To 06/04/2023 Period end date Charity name: The Helperby Brafferton Recreational Trust**
## **Charity registration number: 1199264**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|TO PROMOTE FOR THE BENEFIT OF
THE INHABITANTS OF THE VILLAGES
OF HELPERBY, BRAFFERTON AND THE
SURROUNDING AREAS 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 AND SOCIAL
CIRCUMSTANCE OR FOR THE PUBLIC
AT LARGE IN THE INTERESTS OF
SOCIAL WELFARE AND WITH THE
OBJECT OF IMPROVING THE
CONDITION OF LIFE OF THE SAID
INHABITANTS.|
|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|**The Charity sets out to provide an open**
**space and play park for the inhabitants**
**of Brafferton, Helperby and its**
**surrounding areas.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees of the CIO have all read**
**and understood the requirements of**
**running and administering a charity**
**which is issued by the charity**
**commission.**
**The CIO is a subscribing member of**
**community first Yorkshire which**
**provides information to those managing**
**Charities and local organisations.**
**The trustees are encouraged to**
**undertake training opportunities and the**
**Chairman as such has made use of the**
**training materials available by**
**community first**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference
Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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|**The charity’s aim for the 2023/24 year is**
**to do this by undertaking a number of**
**fundraising activities, namely the**
**Helperby Beer Festival however during**
**the 2022/23 year the Charity was not in**
**the position to take over this activity**
**mainly due to the fact that the**|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41|
For the 2022/23 year the charity set out to
organise and create a charity trading bank
account. This was completed during the
year however no money was traded by the
charity.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|During the first year of trading the charity
did not intend to undertake any fundraising
activity and therefore did not receive any
funds from fundraising|
||||
|---|---|---|
|Investment performance
against objectives|Para 1.41|The CIO made no investments during the
trading year.|
|Other|||
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the period the CIO’s
fnancial position was as forecast with
no fnancial resources. This was due
to an intended period of set up for the
CIO. The CIO initiation was
deliberately delayed following the
turbulent COVID-19 lockdown years
during the previous fnancial period.
The period of 2022/23 remain volatile
and unstable and therefore it was
decided to deliberately operate a
cautious policywhencreatingthe CIO|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|All Charity reserves are held in the
CIO Natwest bank account
No Charity reserves are held in any
individual bank accounts held by any
of thetrustees|
|Amount of reservesheld|Para 1.22|Zero|
|Reasons for holding zero
reserves|Para 1.22|The CIO had yet to start fnancially
trading duringthe period|
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees consider that there are
no material uncertainties about the
charity's ability to continue as a going
concern nor any signifcant areas of
uncertainty that afect the carrying
value ofassetsheld bythe charity.|
## **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|
The CIO’s principle source of funding
is the Helperby Beer Festival
The CIO also makes provision for
grant applications to help secure
funding for the play park space|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Scope**
Our charity will invest in a diversifed
range of asset classes and regions.
We will consider investment in stocks,
bonds, property, and other
investment vehicles that align with
our charitable mission**.**
**Investment Objectives**
Our investment objectives are to
achieve growth and income. We aim
to generate sustainable returns that
allow us to achieve our charitable
objectives while protecting the capital
value of our investments.
**Risk Appetite**|
We recognize that every investment carries risk, and we will manage these risks to ensure that they are commensurate with **our** objectives and the financial resources available. Our charity's risk appetite is moderate, and we are willing to accept fluctuations in the value of our assets in pursuit of our investment objectives. **Balancing Investment Risk and Return** We will balance risk and return to achieve our investment objectives. We will seek to achieve our investment goals through a mix of low-risk and high-risk investments to achieve a diversified portfolio of investments that suit our needs. **Amount Available** We will invest our financial resources in line with our objectives, risk appetite, and investment policy. The amount we have available for investment will be reviewed annually, and we will adjust our investment strategy as necessary to ensure that we continue to meet our objectives. **Time Horizon** Our investment time horizon is longterm, and we aim to invest in funds for the long term. We recognize that investing is a long-term activity that requires a disciplined approach to generate sustainable returns. **Liquidity Needs** We will ensure that we have sufficient liquidity to meet our financial commitments, including grants and other charitable activities. We will invest in liquid assets and maintain an appropriate level of cash reserves to ensure that we can access our money when we need it. **Types of Investments** We will consider investing in ethical stocks that align with our charitable
mission. We will avoid investing in stocks that go against our charity's aims. **Decision-Makers** The trustees are responsible for making investment decisions, including approving the investment policy, setting investment **objectives, and selecting investment managers. Key Performance Indicators** We will measure the performance of our investments based on the total return, risk-adjusted return, and other appropriate benchmarks. We will review our performance regularly and adjust our investment strategy as necessary. **Reporting Requirements** We will communicate investment performance to our stakeholders annually, including donors, beneficiaries, and the Charity Commission. **Responsibility and Remit of the Investment Manager** If we engage an investment manager, they will be responsible for implementing our investment strategy, making investment decisions on our behalf, and reporting on investment performance. **Investment Manager's Principles** Our investment manager must follow our investment policy and adhere to our ethical standards. They must act in our best interests and manage our investments prudently. **Investment Responsibilities of the Trustees** The trustees have a legal obligation to secure the best financial return within the appropriate level of risk to be spent on the charity's aims. They have a duty to consider investment
|||suitability and diversifcation, to take
advice, unless there is good reason
for not doing so, and to review
investments.
**Conclusion**
Our investment policy sets out our
charity's approach to investing. It is a
framework for making investment
decisions, managing our fnancial
resources, and meeting our
governance responsibilities. We will
review our investment policy annually
to ensure that it continues to align
with our charitable mission and
objectives.|
|---|---|---|
|A description of the principal
risks facing the charity|Para 1.46|The CIO’s principle source of funding
is the Helperby Beer Festival. Future
festivals will be managed by the CIO
and this event faces risks as it relies
on continued support from the
community. Currently the CIO does
not foresee that the Helperby Festival
will be wound up at any point within
thenext5 years.|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing
document
(trust deed, royal charter)|Para 1.25|**The CIO governing document**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**The Charity is constituted as a 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|**(1) Functions and duties of**
**charity trustees**
The charity trustees shall manage the
afairs of the CIO and may for that
purpose exercise all the powers of the
CIO. It is the duty of each charity
trustee:
(a) to exercise his or her
powers and to perform his or
her functions in his or her
capacity as a trustee of the CIO
in the way he or she decides in
good faith would be most likely
to further the purposes of the
CIO; and
(b) to exercise, in the
performance of those functions,
such care and skill as is
reasonable in the
circumstances having regard in
particular to:
(i) any special knowledge
or experience that he or
she has or holds himself
or herself out as having;
and,
(ii) if he or she acts as a
charity trustee of the CIO
in the course of a
business or profession, to
any special knowledge or
experience that it is
reasonable to expect of a
person acting in the
course of that kind of
business or profession.
**(2) Eligibility for trusteeship**
(a) Every charity trustee must
be a natural person. (b) No
individual may be appointed as
a charity trustee of the CIO:
• if he or she is under the
age of 16 years; or
• if he or she would
automatically cease to
hold ofce under the
provisions of clause
[12(1)(e)].|
(c) No one is entitled to act as a charity trustee whether on appointment or on any reappointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. (d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee.] **(3) Number of charity trustees** (a) There must be at least six charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. (b) There is no maximum number of charity trustees that may be appointed to the CIO **10. Appointment of charity trustees** (1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **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|**Investment Policy Statement**
**CIO Foundation Articles of Association**
**Trustee Functions and duties**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
||||
|---|---|---|
|Relationship with any
related parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
Charity name Other name the charity uses Registered charity number Charity’s principal address
## **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)**|
|---|---|---|---|---|
||Tom Blackwall||||
||Andrew Topps||||
||Stewart Chambers||||
||James Allan||||
||Richard Bennett||||
||GeofferyArnott||||
||Mattias Van Leijen||||
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– 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**|||
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## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity
Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None 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**
**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)** Thomas Blackwall
**Position (eg Secretary,** Chair **Chair, etc)**
**Date** 30/01/2024
||**Helperby Brafferton Recreational Trust**
|**Helperby Brafferton Recreational Trust**
|**Helperby Brafferton Recreational Trust**
|**1199264**|**CC16a**|
|---|---|---|---|---|---|
||**For the period**
**from**|6/10/2022|**To**|4/6/2023||
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|**Section A Receipts and payments**||||||
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**A5 Transfers between funds**
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**A6 Cash funds last year end**
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**_Cash funds this year end_ -**
**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 £**
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**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
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**-**|**Last year**
**to the nearest £**|
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## **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**
Signed by one or two trustees on
behalf of all the trustees|**Details**
Zero Cash Funds
**Details**
Zero Monetary Assets
**Details**
Zero Investment Assets
**Details**
Zero assets
**Details**
Zero Liabilities
Signature
#VALUE!
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**-**
**-**
**-**
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**-**
OK
OK
**to nearest £**
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Print Name
Thomas Blackwall
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**|
|---|---|---|---|
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**Endowment**
**funds**|
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**(optional)**|
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||||Date of
approval|
||#VALUE!|Thomas Blackwall|1/30/2024|
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