Great Billing Pension Charity

Annual Report for the year ending 31st December 2010

 

Trustees of the Charity are the Rector and Churchwardens of St. Andrew’s Church, Great Billing and two representatives appointed by Billing Parish Council.  Those serving as Trustees in 2010 were:

 The Revd Steven Palmer (Rector)

Mr. David Russell (Churchwarden)

Mr. Frank Brett (Churchwarden)

The Revd Father Damien Walne (Parish Council)

Mr. Bernard Weston (Parish Council)

The Charity continues to have as its object ‘the relief either generally or individually of persons resident in the Parish of Billing who are in conditions of need, hardship and distress by making grants of money or paying for items, services or facilities calculated to reduce the need, hardship and distress of such persons.  Preference to be given to poor widows over the age of 60’.

The Charity’s funds are invested entirely in the COIF Charities Investment Fund, a Common Investment Fund, set up under the Charity Commission Scheme, and subsequently under section 24 of the Charities Act 2004.  Dividends for the year are as reported in the Receipts and Payments account, and form the amount available to the Trustees for grant- making.  Given the modest levels of the Charity’s income, its practice for many years now has been to make a small grant to a number of qualifying persons just before Christmas.  In 2010 seven such persons received grants of £80 each.

The Trustees would be pleased to receive nominations for grant recipients from Parish Councillors.

 

S. R. Palmer

 

Steven Palmer

Chairman of the Trustees

16th May 2011

Great Billing Pension Charity

Receipts and Payments Account1st January 2010 to 31st December 2010

 

Balance at 1st January 2010                                                                                     £348.83

 

Receipts

Dividends from Charity Commissioners

Year End 31.12.2010    £614.35

                                                                            £963.18

LESS

 Payments in Year to 31.12.10 (Note 1)                £560.00

 Account Charges (Note 2)     £     0.00                £560.00

 Balance at Year End 31st December 2010                                                                       £403.18

 

Note 1 7 Payments of £80 were authorised during the year 1st January to 31st December 2010.

Note 2 Account Charges.  No charges were made during  2010.

 

Represented by -   National Westminster Bank Account 08159866        Cash                                                            £     0.00

      Balance @ 31st December 2010                        £ 403.18

The above statement has been prepared from the books and accounts of the Charity.

This statement has been approved by the Trustees as an accurate reflection of the accounts.

F.A.Brett

 

Signed on behalf of the Trustees:

D.Russell                              S.R.Palmer       30-Mar-11