2023-04-05-accounts

THE LINGWOOD CHARITABLE TRUST

Registered Charity No. 282103

Woodlands, 1a Winchelsea Drive, Great Baddow, Chelmsford, Essex. CM2 9TL Tel: [phone] email: [e-mail]

The principal activity of the Trust is the provision of limited funds to assist organisations and individuals primarily engaged in the extension of the Christian faith by means of education, evangelism, and enterprising activities.

TRUSTEES REPORT for the period ended 4[th] April 2023

Reference and administrative details:

• Trustees:

Mrs Lorna Chesney (Chairperson) Mr Clive Pickett (Secretary & Treasurer) Mrs Htay Alder Mr Jeff Hosking

• Charity Contact details:

Mr Clive Pickett, Secretary & Treasurer

Woodlands, 1a Winchelsea Drive, Great Baddow, Chelmsford, Essex. CM2 9TL Landline: 01245 267459 Mobile: [phone] Email: [e-mail]

Objectives and activities:

The Trustees are authorised under a Deed of Covenant dated 4[th] April 1989 to distribute the funds received, to persons or organisations either registered as legally charitable under the laws of England or are so regarded in the eyes of the trustees, whilst having regard each time that public benefit nationally and/or internationally has been satisfied. Among the objectives of the Trust, reflected in the accompanying accounts, are the extension of evangelism on a worldwide basis to assist the development of the Christian faith, including the translation of the Bible, distribution and sharing of the Bible, ministerial training, and Christian broadcasting.

Achievements and performance:

The Trustees had received satisfactory reports from all recipients of grants made during the financial period 2021/22.

After due consideration of all appeals received, the Trustees were able make ten grants totalling £26,854.40 during the period of this report for Christian work in the UK and overseas.

These grants will support UK registered charity appeals for the proclamation of the Christian faith through literacy, training, translation, logistics and media, both within the UK and overseas. The Trustees satisfied themselves that the funds they granted were to be used in accordance with the beneficial purpose for which they were requested. The grants are listed in the financial summary that follows.

Structure, Governance and Management:

Currently the four trustees preserve the ethos, structure, governance, and management of the Trust.

The trust is dependent on income from a now completed investment portfolio, thus perpetuating the founder Mr Eric Gahagan’s wishes.

Appeals sent, online or mailed, must be received before December 31[st] each year, and will be shared with all trustees in preparation for the annual grant meeting held early the following year. This ensures as much income as possible has been received for the benefit of successful applicants.

Our Statement of Accounts and the Independent Examiner’s Report follow.

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THE LINGWOOD CHARITABLE TRUST

Registered Charity No. 282103

Woodlands, 1a Winchelsea Drive, Great Baddow, Chelmsford, Essex. CM2 9TL Tel: [phone] email: [e-mail]

The principal activity of the Trust is the provision of limited funds to assist organisations and individuals primarily engaged in the extension of the Christian faith by means of education, evangelism, and enterprising activities.

TRUSTEES REPORT for the period ended 4[th] April 2023 continued………

STATEMENT OF ACCOUNTS for the period ended 4[th] April 2022

Cash at Bankat06.04.20221 Income Income from Investments Expenditure CRESS Gateway Church Good news for Everyone Love Burundi People International Pioneers UK SASRA Sat7 Trust SportsReach Youth for Christ Cash at Bank at 05.04.2022	£ 5,000.00 3,000.00 1,500.00 3,144.40 2.000.00 2,810.00 3.000.00 2,000.00 1.400.00 3,000.00 26,854.40	£ 27,418.14 25,639.26 53,057.40 26,203.00

Value of Investment portfolio with Fidelity International on 23.04.04 was advised as £623,938.98

No Trustee claimed or received a salary or expenses during the period of these accounts.

Digitally signed by:

Lorna Chesney, Chairperson.

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The Independent Examiners report to the Trustee5 of the UNGWOOD CHARITABLE TRUST You have asked me to carry out an indepèndent examination of the accounts of the Trust for the veaf ended 5, April 2023. 1 have agreed to do so. I do not require a fee or any other recompense. Responslbilities and basis of the report. As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111 "the Acfl. I report in respect of my examination of the Trusys accounts carried out under Section 145 of the 2011 Act and in carrying out my examination I have foll¢)wed all the applicable Directions given by the Charity Commission under section 14515lb of the Act. Independent Examiners Statement I have completed my examination. I confirm that no material matter5 have come to my attention in connertion with the examination giving me cause to believe that in any material respect l. Actounting records were not kept in respect of the Trust a5 required by section 130 of the Art.. or 2. The accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the aetounts to be reached. Martyn Lomax Edwards 9, Lyon Close, Chelmsford, Essex. CM2 8NY Retired Chartered Accountsnt Dated.... .30" April 2023