The Dick Nunn Smithy Preservation Trust Also known as The Dick Nunn Trust
Registered Charity No. 1199655
## Report of the Trustees
## And
Unaudited accounts for 1[st] August 2023 – 31[st] July 2024
Registered Address 13, Tilkey Road Coggeshall Colchester CO6 1PG
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The Dick Nunn Smithy Preservation Trust
Contents of the Financial Statements for the Period 1[st] August 2023 – 31[st] July 2024
|Reference and Administrative Details|Page 3|
|---|---|
|Report of the Trustees|Page 4|
|Statement of Financial Activities and Financial Position|Page 6|
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The Dick Nunn Smithy Preservation Trust
Reference and Administrative Details Period Ending 31[st] July 2024
> Trustees Mr T Disley Mrs M Disley Mr T Fenton Mrs M Lambert Mr J Prideaux
> Principal Address 13 Tilkey Road Coggeshall Colchester Essex CO6 1PG
> Registered Charity Number 1199655
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The Dick Nunn Smithy Preservation Trust
## Report of the Trustees For the Period 1[st] August 2023 – 31st July 2024
The Trustees present their report with the financial statements of the charity for the period 1[st] August 2023 – 31[st] July 2024. The Trustees have adopted the provision of Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## Objectives and Activities
1. The preservation and protection of the building known as Dick Nunn’s smithy in Swan Yard, Coggeshall, Essex for the benefit of the public as a building of social, historical and architectural interest and importance.
2. To maintain a museum in the smithy to educate the public in a unique aspect of the town’s social and cultural history in the life and concerns of blacksmith and campaigner Henry ‘Dick’ Nunn.
## Significant Activities
Solicitors for both parties (the Trustees and the vendor) were appointed in early 2023 but the legal process of transferring the smithy to the trust continued to see delays and setbacks and had not been completed by the end of the reporting year. As a result, the charity is still very much in a holding position, the trustees having decided that fund-raising to restore the smithy will only begin if and when the smithy is in the legal ownership of the Trust.
In these circumstances, and order to fund both sets of solicitors, the trustees have themselves committed further funds totalling £1,500 to cover the anticipated costs.
The loans of £2,500 detailed in the 2022-2023 accounts were converted to donations on 13/06/2024.
The Trust’s main activities for the year were the open days held in association with the nationally organised ‘Heritage Open Days’ organisation and an Industrial Archaeology Fair held in Coggeshall’s Grange Barn. Once again, the smithy proved very popular with around 400 visitors over the two days.
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## Financial Review
## Financial Position
On 1[st] August 2023 the balance of our account was £1,305. and as of 31[st] July 2024, the closing balance was £2,819.63
## Reserves Policy
The reserves policy is to maintain sufficient funds to cover on-going commitments and at a level that considers external and inflationary pressures.
## Future Plans
Our plans are to fulfil the Trust’s objectives; to take possession of the smithy and raise funds in order to restore and conserve it and create a museum. It is the Trust’s intention that the smithy is seen as very much part of the local community, is involved in community events and relevant to people of all ages.
## Structure, Governance and Management
## Governing Document
The Dick Nunn Trust is controlled by its governing document, Constitution of a Charitable Incorporated Organisation whom only voting members are its charity trustees.
## Recruitment and Appointment of New Trustees
In accordance with the governing document: 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.
Information for new charity trustees
The charity trustees will make available to each new charity trustee, on or before his or her first appointment:
- a) a copy of the current version of this constitution; and
- b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts.
Approved by order of the board of trustees 30[th] May 2025
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The Dick Nunn Smithy Preservation Trust
## Statement of Financial Activities For the Period 1[st] August 2023 – 31[st] July 2024
|
**Income**
Donations
Converted loans
Other
**Expenditure**
Charitable Activities
General Expenditure
Net (Expenditure)/Income
**Reconciliation of funds**
Total Funds bought
Forward
Converted loans
Total Funds Carried
Forward|**Restricted** **Unrestricted**
**Total**
**Funds**
**Funds**
**Funds**
**2023**
**2023**
**2023**
£
£
£
0
1,515
1,515
(2,500)
(114)
(2,614)
(2,500)
1,401
(1,099)
(2,500)
1,401
(1,099)|**Restricted** **Unrestricted** **Total**
**Funds**
**Funds**
**Funds**
**2024**
**2024**
**2024**
£
£
£
1,809
1,809
2,500
2,500
29
29
0
(323)
(323)|
|---|---|---|
|||
4,015
4,015
(2,500)
1,401 (1,099)
2,500
(2,500)
0|
|||
0
2,916
2,916|
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## The Dick Nunn Smithy Preservation Trust
## Statement of Financial Position At 31st July 2024
|
**Fixed Assets**
Tangible Assets
**Current Assets**
Cash at Bank
**Net Current Assets**
Long term Creditors
Amounts falling due in
more than one year
**Net Assets/(Liabilities)**|**Restricted** **Unrestricted**
**Total**
**Funds**
**Funds**
**Funds**
**2023**
**2023**
**2023**
£
£
£
0 96*
96
0
1,305
1,305
0
1,305
1,305
(2,500)**
0
(2,500)
(2,500)
1,401
(1,099)
|**Restricted** **Unrestricted** **Total**
**Funds**
**Funds**
**Funds**
**2024**
**2024**
**2024**
£
£
£
0
96
96
2,820
2,820
|
|---|---|---|
|||
0
2,820
2,820
0
0
0
|
|||
0
2,916
2,916|
* Signage for the smithy opening days.
**This loan is convertible into donations if for any reason the smithy is not transferred to our ownership and the Trust is consequently wound up. During the year the conversion of this loan was triggered.
The financial Statements were approved by the Board of Trustees on 30[th] May 2025 And were signed on its behalf by Thomas J H Fenton, Trustee 30/05/2025
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