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  • V has helpfully omitted the liabilities side of the equation that relates to pensions. I leave him to compute that sum and publish it. Windup raises a matter that has concerned the church for a number of years - indeeed, ever since the Heritage Lottery Fund dictated that these liabilities had to be reactivated. The Church has managed to get legislation passed that limits them and has also got charity commission agreement that if the relevant church councils do not register the members will not be deemed negligent. They belong in the past and never should have been there in the first place. When I bought an industrial park for a charity our insurance premium was £53.00 and that covered the risk indefinately. I would hope that 'said Vicar' would never call on such a matter as that is what the insurance cover deals with. I also happen to agree with your financial summary - we manage that where in this part of the country so why not in Norfolk?

    Fundman

    Thursday, January 03, 2013

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