Governing document THE ALLYSON KAYE CHARITABLE SETTLEMENT
Charity number: 1100524
Charity reporting is overdue by 149 days
Governing document
Details of the type of governing document the charity has and when it was established. It is not the full text of the charity's governing document.
DECLARATION OF TRUST DATED 22ND OCTOBER 2003
Charitable objects
1) THE TRUSTEES SHALL HOLD THE TRUST FUND AND THE INCOME DERIVED FROM THE TRUST FUND UPON THRUST TO APPLY THE INCOME FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME THINK FIT
2) THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY ONE TEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH IN COME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR
3) THE TRUSTEES SHALL HAVE THE POWER AT ANY TIME AND FROM TIME TO TIME TO APPLY THE WHOLE OR ANY PART OF THE CAPITAL OF THE TRUST FUND AS IF IT WERE INCOME....
Area of benefit
The area the charity can operate in, as set out in its governing document.
