WINCHESTER AND PORTSMOUTH DIOCESAN GUILD OF CHURCH BELL RINGERS
BELL RESTORATION FUND (A REGISTERED CHARITY No. 264606)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2016
The fund is a registered charity with the registered number 264606
The contact address is:
30 Chaucer Crescent
The fund is governed by rules approved by the Winchester and Portsmouth Diocesan Guild of Church Bell Ringers (the Guild) in General Meeting.
The trustees during 2016 were:
- Mrs R Brandwood (Honorary Guild Treasurer) from 2.7.2016
- Mr M Bubb (Honorary Guild Treasurer) to 2.7.2016
- Mrs H Frazer (Honorary Guild Secretary) from 12.11.2016
- Rev Canon B J Fry (Winchester Diocese area)
- Mr D Mattingley (Portsmouth Diocese area)
- Mrs V Nobbs (Guild Master) to 2.7.2016
- Mrs M Routh (Honorary Guild Secretary) to 2.7.2016
- Mr M Winterbourne (Guild Master) from 2.7.2016
The trustees of the fund are the Guild Master, The Honorary Guild Treasurer, the Honorary Guild Secretary and two additional trustees one from each diocese, elected triennially by the Guild in General Meeting.
The independent examiner of the fund is Mr P Clarke ACIB.
The principal bankers are TSB Bank plc.
The activities of the Bell Restoration Fund are restricted to the area covered by the Anglican Dioceses of Winchester and Portsmouth. None of the Fund’s assets is a permanent endowment. There are no borrowing limits imposed in the governing rules. The trustees have no specific investment powers.
The main aims of the Fund are to provide financial assistance by way of grants to Churches, within the area mentioned above, incurring expenditure on the provision, maintenance, improvement or acoustics of their bells and bell installations, or for the maintenance of the fabric of their towers and belfries, to enable their bells to be properly rung in full circle.
Review of the year and the future
The Fund’s income for 2016 fell significantly compared to 2015 as a result of the portion of Guild subscriptions allocated to the Bell Restoration Fund being reduced from £4 to £2.
In addition, as recorded previously, there was no longer any income from the 200 Club.
Four grants were approved during the year:
|St John the Evangelist, Northington||£ 2000.00|
|St Stephen, Baughurst||£ 200.00|
|St Andrew, Sherborne St John||£ 300.00|
|St Mary, Breamore||£ 400.00|
The project at St Peter and Holy Cross, Wherwell had been ‘put on hold’ for the time being. Consequently, the trustees had withdrawn the grant offer of £3,500 for the time being.
The Trustees have been advised of two further applications for consideration early 2017.
The Trustees believe that the reserves of the Charity are adequate to meet its immediate needs.
The Trustees acknowledge with thanks the donations from the following towers:
- Catherington £100
- Christchurch Priory £100
- Hambeldon £50
- North Stoneham £125
- Winchester Cathedral £600
Gift aided donations from individuals are always welcome.
A reminder to those applying for grants that the initial application needs to be with the Guild Treasurer at least 2 months before the Trustees meet. Trustees meet three times a year, before each of the Executive meetings and before the Guild AGM. Grants can only be approved at either the Executive meeting or AGM. Any approved at the Executive meetings are required to be ratified at the next Guild AGM. The forms required are to be found on the Guild’s website or can be obtained in paper form from the Guild Treasurer. It is very important that all of the documentation requested in the form is made available to the Trustees. If an application is sent by email then it should also be sent through the postal system. All applications are acknowledged so if no acknowledgement is received within two weeks then a chaser should be sent.
The Trustees would like to thank all those who have donated time, energy and money towards the aims of the Bell Restoration Fund.
For and on behalf of the Trustees
Mr M Winterbourne Trustee
Mrs R Brandwood Trustee
25th March 2017
A full copy of the accounts are available from the Guild Treasurer.
|WINCHESTER AND PORTSMOUTH DIOCESAN GUILD OF CHURCH BELL RINGERS
|WINCHESTER AND PORTSMOUTH DIOCESAN GUILD OF CHURCH BELL RINGERS|
|BELL RESTORATION FUND|
|(A REGISTERED CHARITY No. 264606)|
|BALANCE SHEET as at 31st DECEMBER 2016|
|Current Assets||£ p||£ p|
|Short term Deposits|
|– Central Board of Finance Deposit Fund||53,749.03||53,497.73|
|– TSB Bank plc – Deposit account||29,142.04||21,628.46|
|Cash at bank|
|– TSB Bank plc||4,559.60||12,130.11|
|Amounts falling due within one year||3,750.00||8,750.00|
|Net Current Assets||86,426.35||84,453.04|
|Total Assets Less Current Liabilities||86,426.35||84,453.04|
|Amounts falling due after more than one year||2,500.00||6,000.00|
|Approved by the Fund Trustees on 25th March 2017 and signed on its behalf by|
Mr M Winterbourne
Mrs R Brandwood