HALSTOCK VILLAGE TRUST (HVT)

 

Trust Objectives

 

The Halstock Village Trust holds village money to help fund village projects and amenities for the Village - as determined by the trustees who are

 

Chris Milton (Chair) 891198

Tom Powell (Treasurer) 

Mandie Holloway 

Sheila Sanger 891374

Dave Wright 891449

 

HVT donates to meet village needs, hold the residual mortgage on Halstock Village Shop Ltd and has acted as banker for the Halstock Community Room (HCR), which is managed by Tony Hill and the Committee.

 

Trust resources are stable. The shop and flat profits are mandated to the Village Trust as originally intended for use for village projects.  The usable reserve stands at £100,343 and HVT holds the Village Shop mortgage of £59,500.

 

The reserve is held at a high enough level in case a major expense is required which needs significant funds.

 

Trust distributions must be for the benefit of all or a large part of the village and are not available for individual projects or for maintenance of items which are properly the role of the County or District Councils.

 

As has been stated every year at the Annual Village Meeting (AVM) - which is also the AGM for the HVT - if anyone has a village project which needs funding, then contact one of the trustees as above.​​​