Charitable objects
THE OBJECTS OF THE CHARITY ARE:
(1) FIRSTLY, IN PAYING THE COST OF REPAIRS AND INSURANCE, AND ALL OTHER CHARGES AND OUTGOINGS PAYABLE IN RESPECT OF THE PROPERTY OF THE CHARITY, AND ALL THE PROPER COSTS, CHARGES, AND EXPENSES OF THE INCIDENTAL TO THE ADMINISTRATION AND MANAGEMENT OF THE CHARITY.
(2) SECONDLY, IN THE MAINTENANCE OF ALMSPEOPLE (AS IN THE SCHEME OF 17 FEBRUARY 2020)
(3) THIRDLY, THE RESIDUE OF THE INCOME (IF ANY) OF THE CHARITY SHALL BE APPLIED BY THE TRUSTEES IN SUCH WAYS AS THEY THINK FIT IN PROMOTING THE EDUCATION OF PERSONS RESIDENT IN THE AREA OF THE ANCIENT PARISH OF ST. NICOLAS, GUILDFORD, WHO ARE IN NEED OF ASSISTANCE.