EMBTC

EAST MIDLANDS BAPTIST TRUST EMBA_Transparent (2)COMPANY

A company limited by guarantee

TRUSTEES

Mr Steven Salmen Chairman
Mr Melvyn Gilmour Company Secretary
Mr Tim Jackson Treasurer
Revd Mark Clay
Revd Mike Fegredo
Mr John Hemes

Correspondence Address

EMBA Office,
West Bridgford Baptist Church,
Melton Road,
West Bridgford,
Nottingham,
NG2 7NF

Registered Address

Baptist House
PO Box 44
129 Broadway
Didcot
Oxfordshire
OX11 8RT
REGISTERED NUMBER 00178555
CHARITY NUMBER 250068

Aims and objectives:
The East Midland Baptist Trust Company Limited is a company limited by guarantee and also a registered charity and its objects are as set out in the Memorandum and Articles of Association dated 1 January 2002 and include provision as to:

• The promotion of Evangelical religion in the East Midlands or elsewhere according to the principles and usage for the time being of Protestants of the Baptist Denomination.

• Promote, or assist in promoting, or assist in the building, repairing and restoring places or centres of worship, Ministers’ houses, Halls, Schools, Colleges. Institutions and other buildings

• Provide moneys required for all or any of such purposes.

• The exercising of corporate trusteeship over those churches in trust with the company.

The Ways we support this:

  • Custodian Trust Funds – These are for Churches where a property has been sold and the money is being held. The investment strategy is to deliver a 3% yield while maintaining the long term purchasing power of the capital against inflation. The Trustees have delegated the detailed monitoring of the portfolio to the Finance Committee. The investments are managed within the ethical guidelines set down by the Trustees. Within the investment strategy, the investment managers have discretion over particular investments. The investment managers are Charles Stanley for all equity based investments. A balance of the total assets are held in cash.

Contact details – EMBA office
– Property issues Steve Salmen 07773 715659
– Finance issues Tim Jackson 07720 458626