Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela...

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Funding Community Facilities Cory Environmental Trust in Britain & Ibstock Cory Environmental Trust Angela Haymonds Trust Secretary 16 July 2014

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An outline of the Ibstock Cory Environmental Trust and

Transcript of Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela...

Page 1: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Funding Community Facilities

Cory Environmental Trust in Britain &

Ibstock Cory Environmental Trust

Angela HaymondsTrust Secretary

16 July 2014

Page 2: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Landfill Tax & the Landfill Communities Fund

• Landfill Tax was introduced in 1996• Objectives – minimisation of waste, reduce landfill disposal,

encourage sustainable waste management• Currently £80 per tonne of household waste and will rise at

same level as inflation; started at £7• Designed to help mitigate the effects of landfill on local

communities and to encourage partnerships between Landfill Operators, their local communities and the voluntary and public sectors

• LCF – allows landfill operators to contribute up to 5.1% of tax liability to Environmental Bodies

• 10% of total contribution comes from Landfill Operator or independent 3rd party

Page 3: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Landfill Communities Fund and Environmental Bodies

• Environmental Bodies or Trusts can be set up/registered to spend landfill tax credits

• EB must be registered with regulatory body ENTRUST before it can receive tax credits from Landfill Operators

• Projects funded must comply with the Objects of the Landfill Tax Regulations

• Projects must be located within 10 miles of a Cory Environmental Landfill Site

• Each individual project funded through the scheme must also be approved, registered and audited by ENTRUST

Page 4: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Project CategoriesA …. Remediation of Contaminated LandB …. Prevention of PollutionD …. Community Improvement SchemesDA… Biodiversity ConservationE …. Restoration of the Built Environment, Historic or

Religious Buildings

NB: Categories C and CC, which related to Research & Development, Education towards Sustainable Waste Management & Recycling, and the Development of Products from Waste and Markets for Recycled Material were removed from the scheme in 2003

Page 5: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Examples of projects• Play equipment in a public open space• Wheelchair access to a park or nature reserve• Disabled facilities in a village hall or church• Community hall refurbishment• Breeding program for endangered species

within a nature reserve• Restoration work on a listed building• Sports facilities, including equipment and

clubhouses

Page 6: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Cory Environmental Limited’s Involvement

• Around £57 million donated to the scheme since its inception

• First Cory Trust established in Jan 1997 in Thurrock

• CEL contributes to local Trusts set up by Cory in the vicinity of its operations

• CETB and ICET have a broader remit allowing them to support projects nationwide

Page 7: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

About Cory Environmental Trust in Britain - CETB

• Formed in 2003• Currently five Trustees, including one

representing Cory Environmental• Constitution enables CETB to fund registered

projects throughout the UK• Until Nov 2007 spending was concentrated

around CEL’s landfill sites in St Helens, Sevenoaks, Walsall, Dudley and South Gloucestershire

• Opened for business in Bexley in Nov 2007• Opened for business in Wrexham in Oct 2008

Page 8: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

About CETB contd.• Meets three times a year to review projects• Simple application pack and guidelines• Income of over £1m per annum, but this is set

to reduce considerably• 279 projects approved to date, with a total

value of nearly £10.8m

Page 9: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

About Ibstock Cory Environmental Trust

• Formed in 2001• Currently seven Trustees, including one

representing Cory Environmental and one Ibstock Brick

• Constitution enables ICET to fund registered projects throughout the UK

• Spending concentrated around CEL’s landfill sites in Sevenoaks, Dudley and South Gloucestershire

Page 10: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

About ICET contd.

• Meets three times a year to review projects• Simple application pack and guidelines• Income of approx £450k per annum• 351 projects approved to date, with a total

value of over £6.1m

Page 11: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

What are Trustees looking for?• Maximum community benefit across a broad

spectrum of the community• Strong need case and local support

demonstrated• Projects located close to landfill site or in areas

of high social deprivation are of particular interest

• Good quality supporting documents, including project plan, budget, ongoing maintenance arrangements

Page 12: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Examples of projects supported in Dudley - CETB

• Green Pavilion Project, Dudley Sports Bowls Club£27,500

• Replacement Heating System and Adaptation of Facilities, Calvary Church £50,000

• Mary Stevens Park, Entrance Improvements and Heath Pool Restoration £32,331

• Folkes Park, Black Country Living Museum£113,000

• Swanbrook Valley Improvements Project, Woodsetton Charitable Trust, Dudley £30,000

• Springhill Pavilion Development, Springhill Cricket Club, Lower Penn, South Staffs £50,000

Page 13: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds
Page 14: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

ICET Projects in and around Dudley

• All Weather Three-bay Training Facility, Stourbridge Cricket Club£13,782

• Lions Amateur Boxing Club Academy Extension£30,000

• Double Glazing to Church Hall and Associated Accommodation, Tettenhall Wood United Reformed Church £10,000

• New HQ, 15th Stourbridge (Norton St Michael’s) Scout Group£25,000

• Gig Mill Primary Swimming Pool Development, Stourbridge, Dudley£70,000

Page 15: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds
Page 16: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Proportional Registration• Projects within school grounds or restricted

sites may be considered• However they will be subject to ‘proportional

registration’• That is, the amount of grant awarded can only

be same percentage of the total cost as the amount of time the facility is open to the general public

• E.g. For a project costing £100k which is open to the general public 20% of the time, only £20k in trust funding can be awarded

Page 17: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Application Process• Applicant submits application to CETB and/or

ICET• Project papers assessed at Trust meeting held

every four months• If supported by Trustees, project is registered

with ENTRUST, if applicant is not an EB• Legal agreements drafted and signed between

CETB and/or ICET and applicant/landowner• Funding tranches agreed• PR programme to support project agreed

Page 18: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Project Progress• Collection of 10% 3rd party contribution for CETB• Project starts, sometimes with opening ceremony• Applicant keeps Trust Secretary informed of

project progress, at least quarterly• CETB/ICET or EB keeps ENTRUST informed of

progress• Tranche payments can be made on submission of

report, including invoices and photos• Project completion – PR activity as appropriate

Page 19: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Ongoing relationship...• CETB and ICET are required to keep an ‘Asset

Register’ which lists all items funded by Landfill Tax Credits

• Length of time on register depends on whether item is moveable or fixed and value

• CETB/ICET will contact or visit project once a year until asset is removed from register to ensure compliance with Agreement

• Multiple applications for funds are considered, but both Trusts are becoming increasingly competitive!

Page 20: Ibstock Cory Environmental Trust and Cory Environmental Trust in Britain, Presentation by Angela Haymonds

Contact DetailsAngela HaymondsTrust Secretary

Ibstock Cory Environmental Trust/Cory Environmental Trust in BritainPO Box 3138Slough SL3 9ZH

[email protected] or [email protected]

01753 582513