7 Financial Statements for the year ended 31 March 2013.
To receive a report of the Chamberlain.
Minutes:
The Committee received the financial statements for the year ending 31 March 2013 that had been audited by Deloitte.
6 Portfolio Review
To consider a report of the Chamberlain relative to a review of the investment portfolio.
Minutes:
The Committee received a report of the Chamberlain, which updated Members on the investment performance of the Income Fund. Income received during 2012/13 amounted to £118,815.
The Chamberlain noted that due to the estimated dividend and interest income in 2013/14 and an adequate reserve having been established, the Trust could allocate up to £75,000 in grants at this meeting.
7 Financial statements for the year ended 31 March 2013
To consider a report of the Chamberlain
Minutes:
The Committee received the financial statements for the year ending 31 March 2013 that had been audited by Deloitte.