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Administration

 

Trust Deed

The Trust Deed lays out exactly how the Trust will operate, and as such provides complete transparency on how funding decision will be made.

It follows a format laid down by the Charities Commission, which means it is thorough, fair and fit for purpose should the Trust decide in the future to register as a Charity.  That step has not been taken so far because of the relatively low level of funds involved.

 

Trustees

The current Trustees  are:

    Martin Johnson - Chairman

    Margaret Morbey - Secretary

    Rachel Sampson - Treasurer

    Sharon Woodford

    John Lewis

They can all be contacted at villagetrust@chearsley.com.   

The Trust Secretary can also be contacted by post at:

     Chearsley Village Trust Secretary

     The Old Vicarage,

    Chearsley,

    Bucks       HP18 0BS

 

Funding

The Village Trust was traditionally funded from a share of the proceeds of the village carnival or fete. Since the re-launch in 2020, the sources of funding have been more diverse and this is expected to continue into the immediate future.  

The sources of current funds are:

Old Trust bank account.  At the time it ceased to operate, there were funds remaining in the Trust bank account, and a large part of the work in re-launching involved recovering those funds.  

Bank Ex-Gratia payment.  There was also significant difficulty opening a new bank account, due largely to the impact of the pandemic.   An ex-gratia payment was subsequently received from the bank as an apology for the difficulties caused.

Vale of Aylesbury Housing Trust.  The village was extremely fortunate to benefit from a contribution from the Housing Trust when the new homes were built in Winchendon Road.  This arose from VAHT wishing to contribute to the community into which they were placing their clients.

The VAHT funds were originally paid to the Parish Council, but the Council decided it would be more proper for the Trust to disperse the funds.  In doing so however, the Council made a requested on how some of the funds would be used.  This request was agreed by the Trustees and resulted in some payments that were larger than usual.  These are identified as ‘Exceptional Payments’

Cricket Club Vintage Car Show.  The Cricket Club was very generous in making a donation to the Trust from their 2023 Vintage Car Show.

 

The Trust is very grateful to all the above for their generous donations. Discussion on how the Trust will be funded in the future are on-going.

Full details of all income and expenditure are here:

 

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