Registered Charity No. 282103
THE LINGWOOD CHARITABLE TRUST
Woodlands, 1a Winchelsea Drive, Great Baddow, Chelmsford, Essex. CM2 9TL Tel: 07780 826992 Email: clivepickett@btinternet.com
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 2024
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 Mobile: 07780 926992 Email: clivepickett@btinternet.com
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:
During the financial period 2022/23, the Trustees received satisfactory reports from all recipients of grants except from Love Burundi, who would not qualify for a further grant until a satisfactory report was received. This was following a discussion with the Love Burundi Trustees.
After due consideration of all appeals received, the Trustees were able make seven grants totalling £26,200 during the period of this report for Christian work in the UK and overseas. A further reserve of up to £5,000 was made for Love Burundi pending their satisfactory report which was finally received after the end of this accounting period.
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 an 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 their annual grant making 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: 07780 826992 Email: clivepickett@btinternet.com
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 2024 continued………
STATEMENT OF ACCOUNTS for the period ended 4[th] April 2024
Cash at Bankat06.04.20221 Income Income from Investments Expenditure ICE Wales Starfish Malawi Bible for Children Pioneers UK Witham Boys Brigade SASRA Proclamation Zambi Cash at Bank at 05.04.2022 |
£ 2,000.00 2,000.00 5,000.00 3,700.00 5.000.00 3.500.00 5,000.00 26,200.00 |
£ 26,203.00 27,792.83 53,995.83 |
|---|---|---|
27,795.83 |
Value of Investment portfolio with Fidelity International on 24.04.04 was advised as £642,043.81.
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 EMmlnLY5 rert totheTruMs ofTHE UNGWOOD CHARITABLE TRUST Vou have asked rne to carry out an independent examination ofthe accounts of the Trust for the year ended 5, April 2024. 1 have agreed to do so. I Ilo not require a feè or any other recompense. Responslbllttles and basls of the reprrt As the tharity trustees of the Trust, you are ie5ponsible for the preparation of the accounts in accordanee with the requirements of the Charit1è5 Art 20111.the ACVI. I report In respect of my examination of the TTvsYs accounts carried out under section 145 of the 2011 Art and in carrying out my examination have followed all the applicable Directions given by the Ch?Tity Commission vnder section 14515lb of theAc£ Independent Examllr$ Ststement I have completed my examination. I confirrn that no rnatefial matter5 have come to my attentionin Connection with the examination giving me eau5e to believe that in any material respert..- l. Accounting records were not kept in respert of the Trust as required by 5ertion 130 of the Act '.or 2. The Accounts do not accord wth those re¢ords. I have no concerns and have come acros5 no other matters in tonnection with the examination to which attèntion sIuld be drawn in this report in ordèrto enable a proper undefstsndinB of the accounts to be reached. Martyh Lomax EardS 9, Lyon C105e, Chèlmsford, Essex, CM2 8NY Rètired Chartered Accountsnt Dated 19, June 2024