The Moretonhampstead Bowring Library Charitable Trust
Report: January 2021 – December 2021
- The Moretonhampstead Bowring Library Charitable Trust (MBLCT) was registered as a charity at the end of August 2016. Its charitable purposes are as set out in its constitution dated 31.8.16:
3.1 FOR THE BENEFIT OF THE INHABITANTS OF MORETONHAMPSTEAD PARISH AND SURROUNDING AREAS, AND OF VISITORS TO THE TOWN, TO PRESERVE AND MAINTAIN THE GRADE II LISTED BOWRING LIBRARY BUILDING WITH THE AIM OF CONTRIBUTING TO THE HISTORIC ENVIRONMENT AND THE CULTURE AND HERITAGE OF THE TOWN; AND
3.2 FOR THE BENEFIT OF THE INHABITANTS OF MORETONHAMPSTEAD PARISH AND SURROUNDING AREAS, AND OF VISITORS, TO ADVANCE EDUCATION AND TO PROMOTE GOOD HEALTH AND WELL-BEING, IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THE PROVISION OF A PUBLIC LIBRARY.
and have not been subsequently changed.
2. During the reporting period :
The following trustees were in post: Clive Bowring, Richard Durnford, Jane Bowes Vivienne Hodges, James Paxman, Bas Payne and Camilla Rooney.
The following trustee resigned : James Paxman October 2021
The trust continues to encourage participation from further trustees in the local community.
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The trustees met twice during the reporting period, on 20[th] March 2021 and on 25th October 2021. Continuous email contact was also maintained throughout the reporting period.
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The first aim of the trust is to negotiate the transfer of the Bowring Library building from Devon County Council (DCC) to the local community so that repairs can be undertaken and the long-term future of the building secured.
During the year, the Trust received a Draft Heads of Terms document from Devon Council for the transfer the building to the Trust. The Trustees considered this in October, and came to the view that the terms were unacceptable as they stood. The chairman resigned as he felt that the project should be abandoned in view of this, and of other changes including the Covid pandemic. The remaining Trustees agreed to continue negotiating with DCC.
Sebastian Payne (Secretary) 26.10.22 Jane Bowes (Treasurer)
CHARITY COMMISSION FOR ENGLAND ANO WALES Mor*tonhampstead Bowring Lllirnry Charltable Trust Receipts and payments accounts CC16a For th• period from To 0110112021 3111212021 Section A Receipts and payments Unrestricted funds tothe nearest Restricted ftmds Endowment fund$ Totsl funds Last y8ar to tho noarn81£ toth• nreI£ tothB nèarn6t£ to tho no&rtBt£ A1 Recel t8 Sub total(Gmss income for ARJ A2 Asset and Investment sales, Sub total A3Pa ents Bank Charges Sub total 79 A4 A8¥•t and Inv•$tm•nt urcha8e8. Sub total 79 Net of recelpts/fpayments) AS Tran¥fer¥ bgtweèn fund$ A6 Cash funds last year end Cash funds thls year end 79 815 731 815 731 894 815 CCXX R1 accounts ISSI 3111012022
Section B Statement of assets and liabilities at the end of the period Unrestrfcted Restricted funds funds to nÈarÈ£ to neartst£ Endowment funds Categories Delails to nearest£ 81 Ca8h fund8 Bank 731 Total cash furnsls 731 b4nth rOr1P1S payrrthits UnreBtrfcted lund¥ Restrlcted fund8 to nearo8t£ Endowment funds to noar•Bt£ Detalls to noafgst£ Fund to wh1¢ •¥8et bolon Costloptiortall Curr•nt value ot)al Details 83 Invostmgnt a88et8 Fund to whlth a88et btrloTr CcatloptloTrall current Yaly onal Details B4 A88ets retaingd ft>r thg charity's own use Fyntt towblch Arnount duo When duo D¢tall$ 85 Llabllltles Signed by one ortst) trustees on b9h0 of all ¢hg tru$¢ee$ Dale of roval Signature Prlnl Name Jane B$ 2611012022 CCXX R2 accounts ISSI 3111012022