Governing document THE ADRIAN VERNON TRUST

Charity number: 1072396
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 15TH JANUARY 1998, AS AMENDED BY DEED OF AMENDMENT DATED 10TH JUNE 1998.

Charitable objects

TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL FOR SUCH PURPOSES AS ARE CHARITABLE AND IN PARTICULAR FOR OR TOWARDS THE RELIEF OF POVERTY AND NEED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY ONE (21) YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND 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

Area of benefit

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

NOT DEFINED


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