Report of the Trustees for the Year Ended 31 March 2023
- Trustees and Governance
There have been no changes during the year.
- Investment Policy
Additional CCLA Investment Units were purchased to provide for future income.
- Risk management
Procedures and controls are in place to mitigate perceived risks.
- Asset Strategy
Following a review in January 2023, asset strategy remains unchanged.
- Grant Making Policy
Grant applications are considered only on the trust's standard application forms to ensure that all eligible applications are considered on a fair and equal basis.
- Grant Awards
Awards may be made in six categories: Education, Research, Information, Facilities, Production, Conservation.
20 applications were considered, 17 were approved.
- Targets for 2023-24
Continued investment to improve land and buildings,
Support SNC Suffolk Rural as a centre of excellence in agricultural education,
Increase number and value of grant awards,
Progress the development at Hope farm.
- John Forrest Memorial Award
Continue to administer and facilitate the John Forrest Memorial Award.
- Independent Auditors’ Report
Auditors concluded that the Trust's business had been been conducted correctly.