2022-12-31-accounts - Chipping Sodbury Town Trust

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		Page
Report ofthe Trustees
Statement ofAssets		10
Independent Examiners	Report
Income and Expenditure	account

				SORP	reference	reference
Summary ofthe purposes of the charity as set out in its governing document							The playing fields and sports grounds shall be appropriated and used for the benefit of the inhabitants of Sodbury either free of charge or upon payment ofsuch charge that
							the trustees think fit.
Summary activities		of the in relation to	main those	Para 119	1 17	and	The main activities undertaken to further the charity's purpose were to provide and
purposes benefit, activities,		for the in particular, projects	public the or				maintain sports pitches at nominal rents and subsidised maintenance costs. To provide and maintain walking/running paths for use
services		identified in the					by walkers, runners, cydists
accounts.
							Accounts —Entrust grant of 835k for path
							refurbishment and repair.
Statement		confirming		Para 1.18			Trustees have had regard to the guidance
whether		the trustees	have				issued by the Charity Commission on public
had regard to the guidance issued by the Charity Commission on public benefit							benefit. The main activities undertaken to further the charity's purpose were to provide and maintain sports pitches at nominal rents and subsidised maintenance costs. To
							provide and maintain walking/running paths
							for use by walkers, runners, cyclists.
Additional		information	(optional)
You ma	choose to include further statements						where relevant about:
				SORP reference
							The charity does not make grants
				Para	138
Policy on		grant making
							The Charity does not use social investment.
				Para	i.sa		For info - Social investment is the use of re a able finance invested into

Policy on	Policy on	social	social		investment	investment	investment	investment	investment		asocial organisation		to		help	help	it	it	achieve	achieve	achieve		its
induding		program					related				purpose and increase		its impact					on		society.
investment
											The charity does not		have			or use			volunteers
										Para i SS
Contribution				made					by
volunteers
Other
Achieve	m	en	ts			and Performance
										SORP reference
											Achievements ofthe		chadity—
											Providing excellent,						well-maintained
Summary of achievements of					the the		main charity,			Para 1.20	facilities for numerous individuals enjoying the				sports grounds.				clubs			and
identifying		the	difference						the
charity's	work		has			made			to		Appointment of new				Groundsman,							Matt
the circumstances								of	its		Whittle following		retirement							of	Clive
beneficiaries			and			any		wider			Richards.
benefits	to		society					as	a
whole.											Progressing the decision					to	sell small				parcel
											of land for building		to	fund			3	replacement
											sports clubhouses		and			centre			for use				by
											wider community.
											Grant {f35k)obtained			from			Entrusi				to	fund
											walking path restoration				and		repair.
											Queens Platinum	Jubilee —beacon									event
											(organised by retiding			trustee				David			Shipp)
											held on The Ridings,				attended					by	many
											members ofthe public.
											COVID —carpark		had			been			used		as		a
											testing centre	(1400					tests).				Plaque
											presented to Trust	by South					Glos			Council.
Additional		information						(optional)
You ma	choose			to		include			further statements		where relevant about:
Achievements								against		Para 1 41
objectives		set
Performance of activities against					fundraising objectives					Para 1.41
set

Investment	Investment	Investment				performance	performance	performance	performance	performance
against		objectives									Para	1.41
Other
Financial				Review
Review			of		the			charity's			Para	1 21	Total income		for the			year			was 8106,639
financial		position				at		the		end			(2021: 8151,654). Total							expenditure					was
ofthe period													F121,828 (2021:			F131,024),					which		includes
													capital costs expenditure						of		829,145			(2021:
													F30,954
Statement				explaining						the	Para	1.22	Reserves	are	held		mainly				for emergency
policy	for			holding				reserves					use. There			have			been			no		recent
stating	why			they		are		held					withdrawals.		The reserve							figure		stated
													below has	been		considered					and meets				the
													policy.
Amount		ofreserves						held			Para	1 22	Total reserves		held		in	the		year is			F84,925
													2021:6101,533
Reasons			for		holding				zero		Para	1.22	n/a
reserves
Details		of	fund			materially				in	Para	124	n/a
deficit
Explanation						of				any	Para	1.23	n/a
uncertainties						about				the
charity		continuing				as a going
concern
Additional			information (optional)
You ma		choose				to	include further statements						where relevant		about
													Rent from	Golf Club,				two		cottages,				sports
													clubs are the main sources							ofincome				for	day
The		chadity's						principal					to day running		of	the	charity.
sources		of		funds			(including
any fundraising)													Grants applied			for	on		ad		hoc basis				for
													specific projects when					required.
													JustGiving	page		to	raise				funds		for		path
													repair and	maintenance.
													Income also received					from		Rural Payments
													Agency; this		is	decreasing						as	schemes
													change.
													No pension	hability.
													Investmenls		are	held			in	Charity			specific
													funds.
											Para	nae

Investment	Investment	Investment	policy	policy			and
objectives			including				any
social		investment				policy
adopted
										Principal risks would			be			a	situation		of
										persistent non-payment				of rents,				reserves
A description			ofthe		principal			rara	uas	held to cover this.
risks facing			the charity
										A financial factor	that	is		likely			to affect		the
Other										financial performance/position							going	forward
										is possible sale	of small				area of			land	for
										building with funds	being		reinvested					into new
										club houses and	wellbeing					centre		for	the
										wider community.
Structure,			Governance					and	Management
Description			of		charity's
trusts:
Type of	governing			document				Para	1 25	Trust Deed
How		is	the			charity		Para	1.25	Unincorporated charitable				organisation
constituted?
Trustee		selection		methods				Para	1.25	Representative Trustees
induding		details			of		any			6 —appointed by	Sodbury			Town Council
constitutional			provisions				e.g.			2 — appointed	by		Royal				Agricultural
election		to	post or name				of			University (formerly			Cirencester					Royal
any person			or body		entitled					Agricultural College)
to appoint			one	or		more
trustees										Co-optative Trustees
										5 —appointed by	the	Town				Trust (vacancy
										advertised within	the	town			or by			personal
										recommendation,	interviewed						by	panel	of
										trustees following	completion						of application
										form)
										There is a limit of 6 trustees							who	are also
										serving Town Councillors.							Balance		of
										Sodbury Town	Council					Representative
										Trustees to be made		up	with				non-councillor
										re resentatives
Additional		information				(optional)
You ma		choose to		include further statements						where relevant about
										8 Representative	Trustees
										5Co-optative Trustees
Policies		and procedures
adopted		for	the induction				and			Representative-
training	oftrustees									May be but need	not	be		a		member of			the
										appointing body.

								Co-optative —person residing	Co-optative —person residing	Co-optative —person residing	Co-optative —person residing	or	carrying on	carrying on
								business in or		near the area		of	the	Ancient
								arish of Chi		in Sodbu
The	charity's			organisational				Organisational		Structure-
structure			and	any	wider	Para	1 51	Chairman
network		with		which	the			Vice-Chairman
charity works								Sub-committees		—Finance,		Grounds &
								Maintenance,		Land &		Sports Hall
								Development
								Decisions —		where relevant,				subjects
								discussed by sub committees and
								recommendations referred			to		main Town
								Trust meeting		for approval.		Other		matters
								brought to Town Trust meetings						by Clerk
								and Trustees
								Staff making	decisions —Clerk				responsible
								for day-to-day		admin, referring		to Chairman
								or subcommittee Chairman			where relevant.
								Pay & remuneration —			Clerk's			salary
								reviewed	annually		by			Finance
								subcommittee		and recommendation				made
								to meeting of	all Trustees.
Relationship			with any		related	Para	1.51
parties
								n/a
Other

Chadit	name			Chi in	Sodbu	Sodbu	Town Trust
Other name the chari			uses	n/a
Re istered charit		number		274443
Charity's	principal	address		Mrs C Hares
				Clerk to the		Trustees
				Chipping	Sodbury		Town Trust
				Sunnyside		Cottage
				59 Hatters		Lane
				Chipping	Sodbury
				Bristol
				BS376AA

ame	s ofthe chari	ty trus	tees who mana	tees who mana	ge th	e c	harity	harity
	Trustee name		ONce (lfany)				Dates acted whole year		lfnot for	Name of person (or body) entaled to appoint trustee ifan
	Roger Penfold									Co-optative	by	Town
										Trust
	Jane Lund		Chairman							Representative	—STC
										(Sodbury Town Council)
3	Roy Smith (Paddy)									Co-optative TDJst	by	Town
4	Phil Rumney									Representative	-	STC
	Martin Bywater									Co-optative	by	Town
										TOJst
	Richard Wilson									Representative	—RAU
										(Royal Agricultural
										University)
7	Scott Gibson									Representative	-	STC
	Julia Bernau									Co-optative by		Town
										Trust
	Marian Gilpin		Chairman	of	Land	&				Representative	-	STC
			Sports		Hall
			Development		sub
			committee
10	Chris Hays						Term ended 03/23			Representative	-	STC
	David Shipp						January		— July	Representative	-	RAU
							2022
12	Mike Woodward									Representative	-	STC
	Josh Cox						May —December			Co-optative by		Town
							2022			Trust
	Mike Allen						November			Representative	-	RAU
							December		2022
Co	orate trustees	—names ofthe directors at				the	date the re ort was			a roved.
Director name
Name oftrustees		holding	title to properly		belonging		to the	charity
Trustee name			Dates	acted lfnot for			whole	ear
Jane Lund
David Shi									Former	Trustee tt Chairman

Signed	on behalf ofthe	charity's trustees
	Signature(s)
	Full name(s)	Jane Lund
Position	(eg Secretary,	Chairman
	Chair, etc)
	Date	(bf &-(&.~~

Income		Restricted	Unrestricted	Total Income	~Last	ear
Rent-Haywards	& Riding		19,517	19,517	18,351
RPA 8, Grants			37,924	37,924	82,560
Rent —Golf Club			35,941	35,941	41,950
Rent —Other			10,531	10,531		3,621
Wayle aves			21	21		21
Sale of Stints			780	780		780
CSRFC			850	850
Machinery Hire						400
Bank Switch Incentive						1,500
Mill Garden Plaque			35	35
CSTennis Club			468	468
Phil Russell			48	48
Interest
CCTV contribution						1,000
Path donations		520		520		1,470
Total income		520	106,120	106,639	151,654

~Edit				Restricted	Unrestricted	—. Total dit	~Last	ear
Administration					4,800	4,800		4,373
Insurance					4,464	4,464		3,555
CCTV								1,000
Grants					3,500	3,500
Legal &Professional		fees			3,217	3,217		1,101
Room Hire					754	754		94
Subscriptions & Sundries					376	376		259
Maintenance of Prop		&	Equip	520	69,036	69,555	84,813
Purchase of Stints					4,340	4,340		4,340
Other Expenses					1,677	1,677		448
Path expenditure								87
Total				520	92,164	92,683	100,070
Capital Expenditure					29,145	29,145		30,954
Total Expenditure and Capital Expenditure				520	121,309	121,829	131,024
Net ofReceipts &Payments					(15,189)	(15,189)		20,630
Transfer between	funds
Cash funds at year		end			(15,189)	(15,189)		20,630

				Total
0 enin	Bank Balance	Restricted	Unrestricted	~brou ht forward	~Last ear
Nat West	Current Account		52,837	52,837	32,209
Nat West	Current Reserve		15,912	15,912	15,911
Nat West	Millennium Account		106	106	106
			68,855	68,855	48,225
Closing	Bank Balance	Restricted	Unrestricted	Total Cash	~Last ear
Nat West	Current Account		53,560	53,560	52,837
Nat West	Current Reserve				15,912
Nat West	Millennium Account		106	106	106
			53,666	53,666	68,855