Governing document THE DAVIDGE USHER TRUST

Charity number: 1073939
Removed charity

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 6 JANUARY 1999 AND RESOLUTION MADE UNDER SECTION 74 OF THE CHARITIES ACT 1993

Charitable objects

1. THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND THE WHOLE OR ANY PART OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF THE FOLLOWING OBJECTS: 1. SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN THE PARISH OF LITTLE HOUGHTON IN THE COUNTY OF NORTHAMPTON AS THE TRUSTEES MAY SELECT 2. THE FURTHERANCE OF RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND, THE FURTHERANCE OF THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) IN THE COUNTY OF NORTHAMPTON AND THE UNIVERSITY OF OXFORD AND THE RELIEF OF THE SICK, CONVALESCENT DISABLED AND HANDICAPPED IN THE COUNTY OF NORTHAMPTON. 3. SUCH OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN THE COUNTY OF NORTHAMPTON AS THE TRUSTEES MAY SELECT. 4. THE TRUSTEES MAY IN THEIR DISCRETION, FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THE DEED, INSTEAD OF APPLYING THE INCOME OF THE TRUST IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME AS 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 TRUST, 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 TRUST ARISING IN THE THEN CURRENT YEAR.

Area of benefit

The area the charity can operate in, as set out in its governing document.

LITTLE HOUGHTON AND THE COUNTY OF NORTHAMPTON


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