2009 / 2010 Accounts Summary

Submitted by: Steadfast Trust correspondent, 7th Jul 10

Financial income of the charity has risen to £8,690

The Steadfast Trust has been registered for over 5 years. When the charity begun, its first two years only took an income of less than £1000, but steady increased in time.

During the first few years the funds were predominantly needed to establish the charity by paying for registration, producing a website, charity indemnity insurance, and numerous other charges.

However, the following most recent years have led to the funding of numerous events to progress the registered objectives of the charity, resulting in greater expenditure of resources.

This table lists the income / expenditure of the Steadfast Trust...

Year - Income - Spending
2004/2005 £811 £685
2005/2006 £792 £1,077
2006/2007 £2,438 £2,613
2007/2008 £6,075 £1,762
2008/2009 £6,522 £3,306
2009/2010 £8,690 £7,882

Literally thousands of pounds have been provided to St George day parades, Anglo-Saxon storytellers for schools and book grants for academic institutions.

The £8,690 income was incredibly impressive and it is our sincere hope and intention that the charity reaches the £10,000 income threshold, which places us in a more respectable position, soon.

No money has been given to volunteers or trustees for expenses meaning that all donated sums are used solely to benefit the English community of England.
The Steadfast Trust would like to thank Deb as a qualified accountant and active supporter for her tremendous work in organising the finances of the charity.
Steadfast Trust
Trustee Lynn Chorley