OpenCharities

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2021-03-31-accounts

nancial Review nancial Review
Review ofthe charity's financial position
at the end ofthe period
Statement
explaining the policy for
holding reserves stating why they are
held
Amount ofreserves held
The trustees undertake
a review ofthe charity's financial
position when agreeing the accounts and the independent
examiner's
re
rt at its AGM each year
The charity holds unrestricted
funds to cover periods where
there will be no income. The unrestricted
funds are used to
cover administrative
costs and to fund small projects that fit
within its mandate. The char'
holds no restricted funds.
As at the 31stMarch 2021,the charity holds E23,088as
unrestricted
funds
Ad ditional
information
The charity's
principal sources offunds
(includin
any fundraisin
)
Investment
policy and objectives including
any social investment
policy adopted
Currently
no income streams
Rationalised
banking arrangements,
from two banks to
current funds held only in Triodos Bank asthe most ethical
could find
we
ructure, Governance
and Management
Descri tion ofchari
strusts:
T eof
overnin
document
How isthe charity constituted?
Trustee selection methods
including
details ofany constitutional
provisions e.g.elec(ion to post or
name ofany person or body entitled
to appoint one or more trustees
Deed oftrust and
overnin
document
Charitable
incorporated
o
anisation
Apart from the first charity trustees, every trustee must be
appointed
for aterm ofthree years by a resolution
passed at a
properly convened
meeting ofthe charity trustees.
In selecting individuals
for appointment
as charity trustees, the
charity trustees must have regard to the skills, knowledge
and
ex
rience needed forthe effective administration
ofthe CIO.
Additional
information
Additional
information
The charity's
principal
sources offunds Currently no income streams
(includin any fundraisin
)
Investment policy and objectives including Rationalised banking arrangements, from two banks to
any social investment policy adopted current funds held only in Triodos Bank asthe most ethical we
could find

Reference and Administrative Reference and Administrative details details
Chari
name
Vetwork UK CIO
Other name the chari
uses
Re istered charity number 1165435
Charity's
principal
address 7Elizabeth Close
Reepham
Norwich
NR104JF