Ch•rtty R•gl•tr4tlon Numb•r 1202815 MILL END COPAIAUNITY TRUST CIO ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 318T DECEMBER 2024
TRUSTEES, REPORT FOR THE YEAR ENDED 31ST OECEMBER 2024 The Trustees Psent tr annual report and financial statements of the charrty for year ended 31st t)ecwDber 2024. The finanaal statements ccryly wth current statutory requirements for the requirenxnts of Charity's goveming dow)xnL OBJECTIVES AND ACTMnES The chanlY8 obpets are for the relief of finarKial hardshp anMKvJst pe(¥>le living hin the Three River5 Disth"(X cnC area and surroundlng areas by providir¥J such persons wth focNJ and such other a8SiStance as the tteeS think fit in an effort to rost(Ke d¥nity WKI revive Iwe through: Practical corrffiunty based act again81 hLryer. Frnrty and marginalisatK and Partneriro with local churches and other charrt$ and organtsaiions to bring aboul lasts'ng tharvJe to thoso in finarKo1 hard8h¥>. All the Trust's ManagT Twstees arKI workers are volunteers. ACHIEVEIIENTS AND PERFORMANCE Mlll End Communty trust is in the process of negotiating vnth the Custodian Trustees for Meth(xlist Church & the Managing Truslees of Berry Lane Church Council. 1 Oyear lease for an agreed plot of land. Subject to planning pemission this land is lo enable the erectK•n of modular tMJildiro8 to be by the community tt in line with bts charitable purposes. FINANCIAL REVIEW Tha Trust has been in reipt of d(ationS fr 8upF arvj has Teceived interest from its bank account STrUCTUR4 GOVERNANCE AMD MANAGEMEKr The charty is goverrd by a ¢91ut was registered on 24th Ap1712023. The ¢hariVs activi(ies are overseen by the commrttee of Trustees. The Trustees meet at least eight ts'mes in the year to rrK*nrtor the thient day to day running of the chanty. There are no paxl staff.
TRUSTEES, REPORT FOR THE YEAR ENDED 318T DECEIABER 20241CONTINUED) REFERNCE AND ADMINISTrATIVE DETAILS OF THE CHAIRTY. ITS TRUSTEE8 ANO ADVISERS Mill End Communty Tfltst CIO is an incwated charty regisiered wilh the Chanty Commission (Numbef 1202815) The principal operaliThJ address of the charty is: 3 NhtIngaIe Plac8. Rthanswfxth, WD3 78Z The Trusteos who served in the year up to the dats of this report l Bangs N Chamber5 D Tatham J Vttay S Nobk (elerted 9 Septenknf 2024) M Hamilton Trustees have been appointed in accordan(% with the constitution and retire in rotatjon. The Trustees have assessed the mapr nsks to %thich the charty is exposed and are 8i8fied that syslems are in to mrt4ak exposure to major risks. STATEMENT OF TRUSTEES RESPONS181LITIES The trustees are responsible for ts preparation of the accounts in x¢¢Kdance with applicable law and United Kingdom Generalty Accepknj Accounting Practice. Law wlicable lo charftiès In EnglarKI arKI Wales requires trustees to prepare accounts for each financial year vthich give a fair of charlty's fmancial activities during year and of its fmancial position at the year end. In preparing accounts a trne arml fair vthv. the Tntee$ should folkw best practice and.. Select 8Urtab18 accourting policies arnl t appty thern consislentty: Make judgements and esb'mates that are reasonable and prLthnL' State whethef applicable accountirwJ 8tsndards and ststements of discJ08ed arKI explain&J in ts accounts", and Prepare the accnts on the gory Conc basla unltss 6t inappropriats to presume that the chaty wim conlinue in operatK)n.
TRUSTEES. REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 (COPrnNUED) The Trustees are sponSible for kew'ng accOur.j records that dlsclose with reasonable accuracy the financial position of the Charty and which enable them to ascertain the financial positK)n of the charity arKI which enable to ensure the accounts CLxnpty with the Charities Act 2011 arKI the provisions of the step8 for the wevenlion and deteclv)n of fra1 aThJ other lrregularrts. By ordor of the Tru8teeG Iris Bangs Chair of Trustee8 J6v6m Partridge Se¢rei8ry
175Jl21 Gfft IJ• 2•3LII • 6ttY. 4? J7 Totsi •1 iiL2• AS AT Ji oeai•eii 21 CAF I) IL4 IYJ47a17 NOTES TO THE FINANCIAL STATEMEPITS
FOR THE YEAR ENDING 318f DECEMBER 2024 (CONTINUEDI 1. Accounllng pollc•s 8asts of prnparaiion The accounts have been ppared under the historical cost conventlon lten recognrned at cost or transactth value unloss ststed in the relevanl note(s) to thes8 accounts. The financial statemefts have been prepared in acc4xdance with the ststemerrt of Recommerwjed Practice: AcCntIng and Reporting by Chanti8S preparing their accounts in accordance wrth the Financial Reporting Standard appIabkn in UK and Republic of Ireland (FRS 102) effecb.ve 1 January 2015. The accounts have •rted from the Charth8 (ACnts and Repts> Regulati(3 2008 only to the exterrt required to provide a true arml falr view. This departure has involved applying 'Statement of Recommermded Practice: £counting arnl Reporting by Charitss preparirwJ their 8cc<xJnts in accordance with the Financial Reporting StsrKlard applicable in the UK and Republic crf Irelarbd (FRS102) effective 1 Janu8ry 2015 rather than version of the Statement of RecommeThJed Prad]. referred to in regulats'on but wh has Sin been witPKlrawn. charity ¢stituteS a public benefft. The Tfuslees ry)nsKJers that there are no material uncertalnti88 about tP chanty's ability to ntinu0 as a goir¥J cKM. Incom• rncognltion Income is recognised On the tharity has entrt1enW to income, it ' probable that the inciwre will be received amwnt of income can be measured reliabty. Donab'cns, legac$ other foms of voluntary income are nised as incoming resources when receivabbe, except insofar as incapable of financial surement. All other fomis of income are recognised on a receivable basis. Income relats.ng exclusivety to future accounting periods is deferred. Exp•ndltyr• r•¢ognlllon Expenditure is recogni88d wIn a liability is Irred. TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST DECEM8ER 2024 {CONTINUEDI Fund UnrestrictNe represenl ndS Ih8t be applled at the Trustee discretion within the general obpcis of by the charity. 2. Trustees r•munerallon and •xpon No Trustees reived any remuneratK)n duriro tr yew. 3. Employ•os There rbo employees duriThJ ts year.