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2024-12-31-accounts

EMBERTON UNITED CHARITY

(Incorporated 1999) Reg. Charity No. 204221

ANNUAL REPORT For the year ended 31 December 2024

Organisational structure

The Trustees met on seven occasions during the year to consider the management and maintenance of the Charity’s property, monitor the financial position and consider any other matters concerning the Charity.

All financial transactions require the signature of two Trustees or officers or on line authorisation.

Activities

  1. Property: Four cottages and the Institute care taker’s cottage were fully let during the year. Minor and major repairs and improvements have been carried out as necessary.

  2. Land: The tenancy of the fields at Petsoe remained unchanged.

  3. Required inspections, servicing and system checks were made.

  4. There were no changes to rents during the year.

Grants and gifts

The value of grants and gifts made during the year were:-

£500 Senior citizens Christmas lunch.

There were no grants to young people for vocational training/education in 2024.

Accounts

  1. Income from hall lettings remained consistent.

  2. The value of the Charity’s investments and income received remained satisfactory during the year. Cash investments are in recognised charitable funds – COIF and M&G.

  3. The Charity received by right seven tenths of the income from the K A H Sams Charitable Fund quarterly. Three tenths was paid to All Saints’ parish church.

  4. The investment income remained satisfactory during the year. The value of the Charity’s investments is shown on the balance sheet.

  5. The value of the Charity’s buildings and land is shown on the balance sheet.

Future developments

Plans were further developed, quotations sought and debate continued for refurbishing the interior of the Institute.

Trustees and officers

Trustees:

Warwick Clarke All Saints’ Church, Emberton nomination.

Judith Taylor Parish Council nomination (4 year term expiring March 2028)

Susan Soul Parish Council nomination (4 year term expiring March 2026)

Paul Megeary Parish Council nomination, declared an intention to step down. Andy McGrandle Parish Council nomination (4 year term expiring March 2027)

The trustees’ appointed officers:

Gary Evans Treasurer

Andrew Harris Secretary (for all correspondence: 16 Gravel Walk, Emberton, Olney, MK46 5JA)

Description of trust

The Trust provides and maintains a village hall and care takers cottage.

Maintenance of four cottage to be let at favourable rents to individuals with connections to the village.

Support for any member of the village community considered in “real need” available, on application, from the K.A.H. Sams Charitable Fund.

Financial assistance to residents under 25 years old for vocational education or training.

The Trustees administer seven tenths of the income of the K A H Sams Charitable Fund, which provides “for such charitable purposes for the benefit of the inhabitants of Emberton”.

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