Where The Money Goes
Other than money which is not specifically designated by donors, all monies received are held and used only for the purpose given.
Like any trust, we do incur expenses, but the Trustees keep these to a minimum. In the 66 months (since commencement) to 31/12/2014 the trust had only spent £346 of its income in expenses, representing less than 0.13% of income.
The trust has made the following grants:
|Grants made from||12m to 31/12/2011||12m to 31/12/2012||12m to 31/12/2013||12m to 31/12/2014|
|General (no specific restrictions)||-||8,341||63||42|
|Lotts' personal living expenses||3,200||-||3,775||5,372|
|Farm Development Fund||-||-||1,000||-|
|Business Development Fund||-||-||-||-|