The Jimmy Dixon Charitable Trust

THE ORIGINAL TRUSTEES DECLARE THAT, FROM THE DATE OF THIS DEED, THE TRUST FUNDSHALL BE HELD UPON TRUST TO APPLY THE INCOME (OR SUCH PART OR PARTS OF THE INCOME)TO EDUCATE BOYS AND YOUNG MEN AND GIRLS AND YOUNG WOMEN RESIDENT IN ENGLANDAND WALES, THROUGH THEIR LEISURE TIME ACTIVITIES SO AS TO DEVELOP THEIR PHYSICALMENTAL AND SPIRITUAL MORAL AND CULTURAL CAPACITIES THAT THEY MAY GROW TO FULLMATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THAT THEIR CONDITIONS OF LIFEMAY BE IMPROVED AND IN PARTICULAR TO SUPPORT CHARITABLE AND OTHER BODIESOPERATING IN THE FIELD OF YOUTH WORK PROVIDED THAT THE TRUSTEES SHALL ALSO HAVEPOWER IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME TO APPLY THE WHOLE OR ANYPART OR PARTS OF THE CAPITAL OF THE TRUST FUND FOR SUCH CHARITABLE PURPOSES.