BELL RESTORATION FUND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31/12/98

The fund is a registered charity with the registered number 264606

The registered address is:-

Manitoba
Le Villocq Lane
Castel
GUERNSEY
GY5 7SF

The fund is governed by rules approved by the Winchester and Portsmouth Diocesan Guild of Church Bell Ringers in general meeting.

The trustees, all of whom have served throughout the year ended 31/12/98 are:-

The trustees of the fund are the Guild Master, the Honorary Guild Treasurer, the Honorary Guild Secretary and two additional trustees one from each diocese, elected triennially by the Guild in General Meeting.

The independent examiner of the fund is Mr P Clarke ACIB.

The principal bankers are Lloyds Bank plc.

The activities of the Bell Restoration Fund are restricted to the area covered by the Anglican Dioceses of Winchester and Portsmouth. None of the Fund’s assets are a permanent endowment. There are no borrowing limits imposed in the governing rules. The trustees have no specific investment powers.

The main aims of the Funds are to provide financial assistance by way of grants to Churches, within the area mentioned above, incurring expenditure on the provision, maintenance, improvement or acoustics of their bells and bell installations, or for the maintenance of the fabric of their towers and belfries, to enable their bells to be properly rung in full circle.

Review of the year

Our income for the year has again increased but this year the level of grants has significantly decreased.

The Isle of Wight open day in aid of the BRF raised £695.90 an excellent amount considering the added costs of getting to the Island. The Sparsholt ringing course continues to support our BRF and this year they donated £265.89. On a sadder note the family of the late Richard Joyce asked friends and colleagues to make donations in his memory to the BRF and we received £644. The BRF fund-raising committee sold T-shirts this year and Roy LeMarechal’s calendars were produced in conjunction with The Ringing World. Gil Hales in the Portsmouth District again donated her commission on the sale of Christmas cards. On the debit side the donations from individual towers has decreased with fewer towers donating.

The Trustees received requests for fewer grants this year after the flurry last year for the Millennium. Recommendations for four projects were made to the 1998 Guild AGM.

The Trustees acknowledge with thanks the donations from the following towers:-

Alverstoke50.00
Bramley50.00
Catherington95.00
The Clatfords60.00
Hambledon30.00
Lymington65.00
Portsmouth Cathedral60.00
Ringwood40.00
Romsey Abbey75.00
Shedfield30.00
Swanmore50.00
Winchester Cathedral100.00

The Trustees would like to thank all those who have donated time, energy and money towards the aims of the Bell Restoration Fund.

For and on behalf of the Trustees B J Fry and M Bubb 27th March 1999

A full set of these accounts are available from the Guild Treasurer on application