Myra Mullins Memorial Trust
Annual Report and Accounts for the period 06/04/2024 - 05/04/2025
Trustees:
Patricia Wilson
Richard David Roy Bevan
Activities
In view of the inability of the Trustees to find volunteers paid or unpaid, to carry out the objectives of the charity there have no fund raising or pastoral activities carried out on behalf of the charity. Hence the accounts below show no donations being received or payments being made out to volunteers or beneficiaries.
Investment
The Trustees approach to investment has been to follow a low risk approach. Although they appreciate that inflation has the affect of eating into the purchasing power of the capital. Nevertheless they are comfortable in holding the assets of the charity in two fixed rate, fixed term accounts as shown below:
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£30,293.42 held in United Bank 2yr Fixed Term account – 4.2% interest
-
£27,216.30 held in Cambridge and Counties 2 yr Fixed Term account – 5.2%
The United Bank account matured on 14[th] November 2024 and has been reinvested as follows:
£32,895.13 invested in United Bank 2 year Fixed Term account – 4.31% interest
Receipts and Payments and Asset and Liability statement
| Receipts | Receipts | Date received |
Amount | Expenses | Amount |
|---|---|---|---|---|---|
| Interest from United Bank | 13/11/2024 | £1,329.39 | None | £0 | |
| 13/11/2023 | £1,272.32 | None | £0 | ||
| Assets | Liabilites | ||||
| £60,111.43 | Nil |
Statement for the period 06/04/2024 - 05/04/2025
23[rd] January 2026
Carole Nicholls