The Friends of St Edmundsbury & Ipswich Diocesan Centenary Fund
Annual Report and Accounts
For the period 1 April 2022– 31 March 2023
Registered Charity Number 1166626
Trustee’s Report
The name of the charity is The Friends of St Edmundsbury & Ipswich Diocesan Centenary Fund. It is a Charitable Incorporated Organisation, Registered Charity Number 1166626.
The principal address for correspondence is: The Diocesan Office, 4 Cutler Street, Ipswich, IP1 1UQ.
Trustees
The minimum number of trustees is three, from time to time the trustees may seek to appoint by advertisement additional trustees on the basis of experience.
Trustees who served during the period of this report
Mr Michael Wilde Mrs Jacki Maslin Mr Barry Vincent
The Secretary
Mr Gary Peverley
Bankers
NatWest Bank 7 Cornhill Bury St Edmunds Suffolk
The objects of the Charity
The object of the Friends of St Edmundsbury & Ipswich Diocesan Centenary Fund is the advance the work of the Church of England in the diocese of St Edmundsbury and Ipswich for the benefit of the public through the provision, promotion and encouragement of permanent and non permanent endowment.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit, and believe that the activities of the Charity fall within that guidance. The Charity seeks to promote the Diocesan Centenary Fund through publicity and through fundraising. The funds raised are passed to the Centenary Fund and used to support church based community development.
Activities and Achievements
The Charity was registered on 19 April 2016. There were no major fundraising events held by the charity during 2022-23. It is the intention of the Trustees to close the charity and cease operations.
Investments policy
It is the Charity’s policy not to hold investments.
1
Reserves Policy It is the trustee’s policy to hold minimum funds sufficient to permit fund raising events to take place. Therefore, it seeks to transfer any money in excess of £3,000 to the Centenary Fund to form part of the endowment fund.
Friends of the St Edmundsbury & Ipswich Diocesan Centenary Fund
| Receipts and Payments for the year ended 31 March 2023 | ||
|---|---|---|
| Receipts | £ | |
| Donation | 0.00 | |
| Total receipts | 0.00 | |
| Payments | ||
| Sufolk Community Foundation- Diocesan Centenary Fund | 975.43 | |
| Net surplus | -975.43 | |
| Bank accounts 1 April 2022 | 975.43 | |
| Bank accounts 31 March 2023 | 0.00 | |
| Balance Sheet at 31 March 2023 | ||
| Bank current account | 0.00 | |
| Total net assets on closure of account | 0.00 |
Approved by Trustees M Wilde Chair of Trustees Michael Wilde
2
Notes to the Receipts and Payments Account for the year ended 31 March 2023
General
These accounts have been prepared under the historic cost convention and in accordance with accounting standards and the Statement of Recommended Practice on Accounting, insofar as these are relevant to the Friends of the St Edmundsbury & Ipswich Diocesan Centenary Fund, given its size.
Michael Wilde ACIB Treasurer
17[th] January 2024
3