The Dartmoor Way CIO Report of the Trustees for the period ended 31[st] March 2026
The Trustees present their report and financial statements for the period ended 31[st] Mach 2026 commencing 21[st] May 2025 when the CIO was established by the Charities Commission.
Reference and Administrative Information
Charity Name The Dartmoor Way CIO
Registration Number 1213382 Registered Office 8 St Marys Drive Brixham TQ5 9FB
Trustees
Mr. W G Coles Chair & Treasurer Mr. M Owen Mr. T Walker Mr. Baldwin resigned 31[st] March 2026
Secretary
Mr. W G Coles
Bankers The Co-operative Bank, PO Box 4931, Swindon SN4 4PL
Objects of the CIO
For public benefit, to provide or assist in the provision of public amenities by maintaining, preserving and promoting the Dartmoor Way as a public foot and cycle path and by providing funding to other charities/organisations if funds allow.
Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable.
Public Benefit
We operate a web site at https://www.dartmoorway.co.uk/ Users contact us for further information and many users congratulate us on the quality of the scenery and their enjoyment of the experience of using The Dartmoor Way.
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Structure Governance and Management
The Governing Document is the Dartmoor Way CIO Constitution which was approved by the Charity Commission on 21[st] May 2025.
Mr. Baldwin retired as a Trustee on 31[st] March 2025. His contribution to the early success of the CIC and to the conversion to a CIO has been exemplary, the Trustees will miss him and have started a search for a successor.
Risk Management. The Trustees are aware of the need for and are taking steps to introduce a Reserves Policy. Costs are reviewed regularly and a cost reduction plan has been introduced.
Responsibilities of the Trustees
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985.
Audit
For the year ending 31[st] March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
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Income & Expenditure Report for Period from 21/05/25 to 31/03/26
| Income From: Notes Donations 1 Grants Total Income Outgoing Resources Project Costs Overheads 2 Surplus/Shortfall for Year Transfers between Funds Net Movement in Funds |
Unrestrict- ed Funds 2026 |
|---|---|
| 609.65 | |
| 609.65 0.00 -849.14 |
|
| -239.49 0.00 |
|
| -239.49 |
Balance Sheet as 31st March 2026
| Current Assets | |
|---|---|
| Cash at Bank | 842.57 |
| Current Liabilities | |
| Creditors | 0.00 |
| Net Assets | 842.57 |
| Represented by: | |
| Reserves B/F | 1,082.06 |
| Less Defecit/Plus Surplus | -239.49 |
| Reserves | 842.57 |
| Notes |
| Incoming Resources Unrestricted Funds Unrestricted Funds 1 Total Income 2 Overheads Web Development & Hosting Bank Charges Insurance Expenses Total Overheads |
2026 9.65 donations 600.00 donation Devon Ramblers 609.65 -542.11 0.00 -307.03 -849.14 |
|---|---|
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3 Opening Balance Sheet
The Dartmoor way CIO was formed by the transfer of the Assets, Liabilities and Activities of The Dartmoor Way CIC. There were no tranactions in the CIC in the period 1st April 2025 to 21st May 2025. The Opening Balance Sheet is therefore the Year End (31st March 2025) Balance Sheet of the CIC, as follows:
Balance Sheet as at 31st March 2025
Current Assets
| Cash at Bank Current Liabilities Creditors Net Assets Represented by: Reserves B/F Less Defecit/Plus Surplus Reserves |
1,082.06 0.00 |
|---|---|
| 1,082.06 | |
| 1,262.67 -180.61 |
|
| 1,082.06 |
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