Annual Report of the Patricio Church Trust, 1 May 2020 to 30 April 2021
No trustees left the board of the charity during 2020-2021, a year in which the charity received an individual donation of £10,000 from a parishioner and a small interest payment on its banked funds. No formal AGM was held during the year, given the continuing Covid-19 pandemic, but the trustees met remotely by Zoom on 27 February 2021, and reviewed their procedures and strategy. No indoor church services were held, but the building remained open to visitors .
The purpose of the charity is ‘the advancement of religion and heritage by preserving and safeguarding the structure of St Issui’s Church, Patricio.’ Happily, as the church remains in good repair, there was no call on the charity’s funds during the year. The trustees decided in February 2021 to proceed with the investment of £40,000 of its funds in the SUTL Cazenove Charity Responsible Multi-Asset Fund. However, as this required the charity to establish a further cash account at the CAF Bank, it could not be actioned until after the period under review.
Oliver Fairclough, Treasurer, for the Patricio Church Trust, 2 January 2022
Accounts of the Patricio Church Trust, 1 May 2020 to 30 April 2021
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Carried forward from 2019-20 £95,033.84
Income
Donation £10,000
Interest at CAF Bank £43.67
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£10,043.67
Expenditure
None
Carried forward to 2021-22 £105,077.51
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Oliver Fairclough, Treasurer, for the Patricio Church Trust.
2 January 2022