John Atcheson FoundationRegistered

The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income and all or such part or parts of the capital for or towards such charitable purposes as shall benefit blind disabled and/or elderly persons in the United Kingdom and to make donations to such charitable institution or institutions at such time or times and in such manner as the Trustees may in their absolute discretion think fit Provided that the Trustees may at their absolute discretion for the period of 21 years from the date of this Deed instead of applying the income of the Charity in any year accumulate all or any part of such income at compound interest by investing the same and the resulting income in any of the authorised investments and hold the same as an accretion to and as part of the capital of the Charity without prejudice to their right to apply the whole or any part of such accumulated income in any subsequent year as if the same were income of the Charity arising in the then current year. The relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage