Chairman's Report

The investment income was down marginally to £15405.66

Overall income increased by 2.4% to £17538.59

The investment Portfolio fell by 0.63% to £412665.81

Professional and Management fees amounted to £4319.36 (decreased by £43.52)

Total of grants & awards made by the Trustees in 2015 was £13184.89 nearly 90% of which

was for educational purposes.

We would like to express our appreciation to our Financial Advisor for maintaining our

Investment Portfolio whilst the Stock Market in general has been experiencing serious

difficulties.

Accounts for the year ending 31 st December 2015 have been audited and are available for

inspection.

Trustees

There have been no changes to the Trustees & we still have vacancies.

Looking Ahead

With the new positioning agreed, we look forward to the Skatepark Association progressing

with their objective.

In the playground area the Parish Council is planning to add to the equipment with the

erection of Monkey Bars.

In the new plantation the trees continue to flourish & another 30 trees have been planted.

Geoff Laurence

Chairman

for the year ending 31st December 2019

 

Investment income for the year was £12,256.64 compared with £14,150.14 in the previous year, representing a reduction of 13.3%.

 

The value of the portfolio increased by £34,326.70 (7.8%) from £438,735.56 in 2018 to £473,062.26 in 2019.

 

Professional and Management fees arising from normal activities amounted to £6,757.40.

 

In the year to 31st December 2019, total grants or awards made were £9,533.38, a reduction of almost 40% on the previous year, as Trustees responded to the fall in income. The majority of grants (83%) continued to be for educational purposes, although sums were also disbursed for the alleviation of financial difficulty and for the wider benefit of the community.

 

The Trustees offer grateful thanks to the Treasurer for his meticulous maintenance of the Charity’s accounts, enabling accurate figures to be produced for examination purposes.

Independent examination of the Accounts for the year ending 31st December 2019 have been delayed due to the coronavirus outbreak. Once examination has been concluded the accounts will be available for inspection.

 

It has been a year of change for Trustees. Thanks are due to Andrew Berry and Jenny Charles for their years of service. Their positions have been filled by Julie Bell on behalf of The Tillian Partnership and by Alex Christie. The year was also marked by the sad death of our former Chairman, Geoff Lawrence, who had served as Chairman for five years.

 

As Springtime turned to Summer, there were frequent reports of the abundance of bee orchids on Charity Meadow. While these are not rare, they are a protected species, as are all wild flowers, under the Wildlife and Countryside Act 1981. Trustees take very seriously their responsibilities as managers of Charity Meadow as a wonderful resource for everyone’s leisure. We encourage its use by all in the village, especially the play facilities provided by the Council for younger residents.

The decision was taken by the Parish Council during the year to withdraw from the skatepark project. Trustees are prepared to support future projects that can demonstrate wide support in combination with necessary funding.

 

Trustees also manage this small area adjacent to the Six Bells Pub that was formerly a children’s playground. Unlike Charity Meadow, this is not open for use by residents at present, but the public footpath leading to field beyond remains.