**Chwaen
Goch Turbine Fund**
**Registered
charity number: 1174517**
**Report
of the trustees for the year ending 30 April 2021**
**Aim
and purposes**
The Chwaen Goch Turbine Fund was established with the sole purpose of distributing money provided by Medium Scale Wind No.1 Limited for the benefit of the local community during the operational lifetime of the scheme (a single wind turbine located at Chwaen Goch farm, Llanerchymedd, LL71 7BP).
Objectives
The objective of the fund is to provide funding of up to £2,500 for any local good cause or project, and priority will be given to projects within a 5 mile radius of the turbine location.
**Financial
Review**
The opening balance on the 1[st] of May 2020 was £16,988.00. The only income received was the £2,500 annual payment as agreed by Medium Scale Wind No.1 Limited, and this was received on 30/10/20.
Unfortunaly due to the hitting of the Covid pandemic in early 2020 the fund was not able to meet to arrange a round of grant funding.
This gave the Turbine Fund a closing balance on the 30 of April 2021 of £19,488.00
**Structure,
governance and management**
The Chwaen Goch Turbine Fund ratified its constitution as a Charitable Incorporated Organisation on 28 April 2017 and was entered on the Register of Charities on 5 September 2017 (Registered charity number: 1174517). It is made up of 4 trustees from the local community who will be responsible for reviewing all applications for funds and deciding how to distribute the money.
**Administrative
information**
The correspondence address for the Chwaen Goch Turbine Fund is Plas Coedana, Llanerchymedd, Anglesey, LL71 8AA.
Trustees: Mr Carwyn Thomas, Mr Sion Keir, Mrs Molly Lloyd, Mr Robert Williams
Chairman: Mr Carwyn Thomas
Treasurer: Mr Sion Keir
Secretary: Mrs Molly Lloyd
**Receipts
and Payments Account Charity Name Chwaen Goch Turbine Fund 11174517 Charity Number**
| Period | 20-21 |
|---|---|
| From | 01/05/20 |
| To | 30/04/21 |
Receipts
| Receipts | Receipts | |||||||
|---|---|---|---|---|---|---|---|---|
| Date 30/10/20 |
Source Medium Scale Wind No.1 Limited |
Income type Schemepayment |
Amount 2,500.00 £ |
|||||
| Receipts Total | 2,500.00 £ |
|||||||
| Payments | ||||||||
| Date | Recipient/Company | Payment type | Amount | |||||
| Payments Total | £ | - |
||||||
| Balance brought forward | 16,988.00 £ |
|||||||
| Receipts | £ | 2,500.00 |
||||||
| Payments | £ | - |
||||||
| Balance | 19,488.00 £ |
This charity holds no assets at this time