- TRUSTEES ANNUAL REPORT THE SPINKS CHARITY NO: 1170859
For the period 01.01.22 to 31.12.22
Charity’s principal address:
Yew Tree Cottage, Welsh Newton Common, Monmouth NP25 5RT
Trustees names:
Fay Susanne Visser (Chair) Michael James Visser (Treasurer) Wendy Dawn Fabian Mark Alister Fabian
Structure governance and management
- 1) Constitution 2) C.I.O. 3) Election by members
Objectives and activities
To promote education in Horticulture and to assist students of all ages in accessing said education.
Having regard to guidance of the Charity Commission on public benefit to award Grants principally to persons involved in Horticulture.
Applicants are invited to complete an application form in strict confidence, describing the form of Horticultural education for which they wish to enrol and their particular financial circumstances.
Achievements and performance
A number of people benefitted from grants enabling them to pay Royal Horticultural Society (RHS) course fees or to help meet the expenses incurred by said courses, which they could not otherwise afford. A number of people also received grants to enable participation in the Working to Retrain as a Gardener scheme (WRAGs) run by the Working for Gardeners Association (WFGA).
Financial review
The trustees aim where possible to distribute in the form of grants, all of the annual income of the trust fund left by the late Miss Spinks.
The Spinks Charity
- Receipts and Payments accounts year ended 31st December 2022
| 2021 | 2022 | ||||
| £ | £ | £ | £ | ||
| Income | |||||
| M&G Charifund 16,712.00 |
18745.08 | ||||
| Total Income | 16,712.00 | 18,745.08 | |||
| Expenditure | |||||
| Grants 11,069.00 |
15943.48 | ||||
| Trustee expenses 0.00 |
113.95 | ||||
| Accountancy 700.00 |
0.00 | ||||
| Total payments | 11,769.00 | 16057.43 | |||
| Net income | 4,943.00 | 2,687.65 | |||
| Surpus/Deficit for year | 4,943.00 | 2,687.65 | |||
| Lloyds Bank balance 1 Jan Current a/c | 15,925.00 | 21,018.62 | |||
| M&G Charifund | 313,697.00 | 351,458.96 |
| Unbanked cheques | 150.62 | 0.00 |
| Investment increase | 37,761.96 | -19,576.19 |
| 372,477.58 | 355,589.04 | |
| Bank balance 31 Dec Current a/c | 21,018.62 | 23,706.27 |
| M&G Charifund | 351,458.96 | 331,882.77 |
| Unbanked cheques | 0.00 | 0.00 |
| 372,477.58 | 355,589.04 |
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees:
Signed: M J Visser Michael James Visser - Trustee 16.10.23