Report for the activities carried out by the trust during 2020.
This year has been affected by covid and we had to cancel our summer meeting and spoke to on another by phone and did have zoom meeting. As trustees we have discussed the situation with our property 2 Elliot Plain and as we charge a low rent and we are support a young family and this does not cover any major repairs we might have to carry out. Also, legislation for landlords is more stringent and although we have always kept the property in a good condition we feel it might be the time to sell it.
After discussion the trustees agreed to put the property on the market after the covid situation improves.
But at the end of the year our tenant for personal reasons decided to move to a housing association in Newton Abbot so our property became vacant.
We then contacted agreed to contact our local estate agent, Modern Move, to put the property on the market. We needed to appoint a solicitor and after discussion we appointed
Tozers of Exeter to deal with the transactions.
As we only have 7 trustees, we are working hard again to appoint new trustees from our community.
We gave £5,000 to the local youth club to help it through covid
And gave the local school Children who were leaving the primary school this Summer a £15 book voucher. As usual support the local charity that supports lowincome families.
Janet Jones
Treasures Account 2020 Receipts Expenses Brought forward 13,178.97 2 Elliot Plain V. Smith 211.50 Rent 3345.09 Abby gas 124.08 Trans from Business Acc. 10,000.00 Insur. 223.95 559.53 Charibond 441.69 Wigram donation 600.00 Charifund 7922.82 P.C.C. grass cutting 1,500.00 __ Tree work 3,500.00 34,888.57 Annual grnt 5,000.00 10,000.00 Investment charifund 10,000.00 Book tokens primary sch 290.00 Secretary 400.00 Youth club donation 5,000.00 Buckfastleigh Charity donation 2,600.00 __ 29,449.53
Receipts: 34,888.57 Expenses: 29,449.53 ___ 5,439.04 Balance December 2020 Business Account 2020 Receipts Expenses Balance brought forward 12,551.92 Transfer to treasurers account 10,000.00 Inc Bond 134.27 Interest 4.57 Charifund 4,409.31 -------------------17,100.07 Receipts 17,100.07 Expenses 10,00.00
Examination of feoffees accounts for year 2020
The Treasurers and Business accounts have been examined and found to be correct.
All entries were checked and have been supported with the correct paperwork.
Examined April 2021