Trust report – SGM 18[TH] November 2024
The Trustees have arranged a meeting on 4[th] November, they have regular exchanges of emails, telephone conversations and occasionally in person. The Treasurer has asked for the Trustees authority to pay ‘non regular’ requests, this system works well and will continue for the rest of the year. Rotarian Steve Wood has examined the 2023 to 2024 Rotary year accounts and they are in good order.
During the Rotary year 2023-2024 we supported many charities with some large donations, National Star College and Bipolar UK, these were for Janet’s year. We also made smaller donations to charities such as CCP, Friends of Sandford Park, Kids Out and Belmont School.
Overall, the account has surplus funds. In late October 2024 there was just under £25,000 in the Trust account. We have continued to give small sums to charities since the end of the last Rotary year. For his year as President, Kevin has approximately £18,000 which was profit from events including Colesbourne Snowdrop Teas, the Wine Festival, Pendyrus Choir Concert. We also received other income from auctions and raffles although these are restricted funds.
We need to keep at least £4,000 as surplus to ensure we have sufficient funds for unexpected emergencies.
In the previous year the Club gave a £1,500 allocation to the International Committee and £1,500 to Community Service and we suggest this continues into the current year. For Kevin’s year as President we suggest approx. £16,000 is donated to his charities, with of course, approval from Council and Members.
The Trustees would like to take this opportunity to thank all Members for their help in fund raising and in particular Linda Pawley, our Treasurer, who continues to make the Trustees life much easier.
Peter Watson
On behalf of the Trustees
28[th] October 2024
ROTARY CLUB OF CHELTENHAM NORTH INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 30TH JUNE 2024
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|---|---|---|---|---|---|
|GENERAL ACCOUNT|
|2024|2023|
|INCOME|£|£|£|
|Subscriptions|4,680|
|Rotary|Foundation|contributions|170|
|4,850|4,995|
|LESS|
|District and|RIBI|fees|3,657|-4,029|
|Rotary|Foundation|donation|170|-165|
|3,827|-4,194|
|Net Club subscriptions|1,023|2|“801|
|Vineyard|visit|-40|
|Meal|profits|/ losses|-12|69|
|Christmas|Dinner|deficit|~192|
|819|830|
|LESS|EXPENDITURE|
|President's|allowance|( To Trust|Fund)|250|250|
|Gifts and|gratuities/|Welfare|34|50|
|District|Boules|entry|15|
|Badges,engraving|etc.|114|27|
|Printing|and|stationery|95|
|Membership|131|74|
|District|and|other websites|50|50|
|Treasurer's|expenses|24|32)|
|Speaker meais|and|expenses|576|416|
|Piaque|repairs|54|
|Accrual|to|Trust|Fund|50|
|1,293|899|
|SURPLUS|FOR THE YEAR|-574|-69|
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ROTARY CLUB OF CHELTENHAM NORTH
INCOME AND EXPENDITURE ACCOUNT
| INCOME ANDAND EXPENDITURE ACCOUNTACCOUNT | INCOME ANDAND EXPENDITURE ACCOUNTACCOUNT | |||||||
|---|---|---|---|---|---|---|---|---|
| i'YEARENDED30THJUNE 2024 | ||||||||
| TRUSTACCOUNTcharity no. 1021635 | ||||||||
| Restricted | Unrestricted | 2024 | 2023 | |||||
| INCOME | £ | £ | £ | £ | 2 | |||
| Members’ Donations | 550 | 550 | 2,292 | |||||
| Raffles - Shelterbox | 425 | 425 | ||||||
| Colesbourne Snowdrops -teas | 2,965 | 2,965 | ||||||
| Trees | 663 | 663 | 4,742 | |||||
| Pendyrus Choirsurplus | 889 | 889 | ||||||
| End Polio Now | 130 | 130 | 110 | |||||
| Gardeners’ Questions surplus | 0 | 1,037 | ||||||
| Wine Festival surplus | 5,138 | 5,138 | 10,209 | |||||
| Carol Concertsurplus | 5,346 | 5,346 | 4,286} | |||||
| Love OurTurf | 3,105 | 3,105 | 2,500 | |||||
| Auctions -School ina Bag | 548 | 548 | 3f2 | |||||
| Gift aid unrestricted | 253 | 253 | 300 | |||||
| Fireworks | 2,000 | 2,000 | 2,000 | |||||
| SundryDonations | 625 | 625 | ||||||
| Kids Out | 890 | 890 | 900 | |||||
| General Fund allocation to International | 4,500 | 4,500 | ||||||
| General Fund allocation to Community Service | 1,500 | 1,500 | 124 | |||||
| Other2023/24 income -from General Fund | 50 | 50 | ||||||
| a) | 1)o | 26,577 | +32,897 | |||||
| EXPENDITURE | ||||||||
| Ukraine Shelterbox |
1,015 | 0 1,015 |
3,000 1,546 |
|||||
| Love OurTurf | 2,415 | 2,415 | 1,700 | |||||
| LINC | 500 | 500 | 2,000 | |||||
| MidlandsAirAmbulance | 0 | 4,000 | ||||||
| MND Association | 0 | 3,000 | ||||||
| Trees | 1,543 | 1,543 | 2,672 | |||||
| School in a bag | 1,453 | 4,453 | 1,920 | |||||
| CCP | 4100 | 600 | 700 | 200 | ||||
| Friends ofSandford Park | 800 | 800 | ||||||
| Sue Ryder | 0 | 10,000) | ||||||
| National Star College | 11,400 | 11,400 | ||||||
| BipolarUK | 5,000 | 5,000 | ||||||
| i Kids out | 900 | 900 | 430 | |||||
| Belmont School -Comm Service | 508 | 508 | 100 | |||||
| Women’s Refuge | 0 | 115 | ||||||
| Scout& Guides | 0 | 300 | ||||||
| Gloucestershire Bundles | 0 | 250 | ||||||
| Days for Girls End PolioNow |
130 | 6) 130 |
200 110] |
|||||
| Rowanfield | 260 | 260 | Zo | |||||
| Gloucestershire Young Carers | 349 | 349 | ||||||
| Allocation to International | 1,500 | 4,500 | ||||||
| Allocation toCommunity Service | S258 | 7,500 SOSOC~S~S:SOSOS,TT |
1,500 29,973. |
662 32,228 |
||||
| SURPLUSFORTHEYEAR | 23 | -3,419 | -3,396 | 669 | ||||
| ¢ |
| ROTARY CLUBOFCHELTENHAMNORTH | ROTARY CLUBOFCHELTENHAMNORTH | |||||||
|---|---|---|---|---|---|---|---|---|
| BALANCE SHEET | ||||||||
| ASAT30THJUNE 26024 | ||||||||
| 2024 | 2023 | |||||||
| General Fund | ||||||||
| Bank balance | 3407 | 5387 | ||||||
| Preprepayment Woodchester | 40 | |||||||
| Website prepaid | ||||||||
| Less accruals due to Trust Fund | . | -50 | ||||||
| Release ofsubs prepaid in 2021/22 | 10 | |||||||
| Subscription prepaid | -120 | |||||||
| Less uncleared cheques | -1310 | |||||||
| Pius meal moneydue | 24 | |||||||
| 3407 | 3981 | |||||||
| Trust Fund | ||||||||
| Bank balances | 28065 | 31806 | ||||||
| Debtors | 60 | 1843 | ||||||
| Duefrom general account | 50 | |||||||
| Deposit paid for carol concert | 432 | Sf) | ||||||
| Expenditure forwine festival carried | forward to2022 | 1351 | ||||||
| Wine Festival ticket sales and exhibitorfees in advance | -198 | -3666 | ||||||
| a | 28359 | 31755 | ||||||
| 31766 | 35736 | |||||||
| REPRESENTED BY | ||||||||
| General Fund | ||||||||
| Balance 1st. July2023 | 3981 | 4049 | ||||||
| Surplus forthe year | -574 | 3407 | -68 3981 |
|||||
| Trust Fund | Restricted | Unrestricted | ||||||
| Balance ‘1st. July2023 | 4087 | 27668 | 31755 | 31085 | ||||
| Surplus (Deficit)fortheyear | 23 | -3419 | -3396 | 670 | ||||
| 4110 | 24249 | 28359 | $1755 | |||||
| 31766 | 35736) | |||||||
| £ | ||||||||
| Trees | 1525 | |||||||
| Kids Out | 910 | |||||||
| i | Community Service | 4,045 | ||||||
| international | 5 | |||||||
| NationalStarCollege | 625 |
INDEPENDENT EXAMINER'S REPORT
| have examined the Accounts and Balance Sheet of the Rotary Club of Cheltenham North for the year ended 30th June 2024. In my opinion they are in accordance with the books of account and showa true and fair view of the transactions during the year.
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YW. Jeo’
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17 October 2024
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SF WOOD
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ROTARY CLUB OF CHELTENHAM NORTH BALANCE SHEET AS AT 30TH JUNE 2024 2024 2023 General Fund Bank balance 3407 5387 Preprepayment Woodchester 40 Website prepaid Less accruals due to Trust Fund -50 Release of subs prepaid in 2021/22 10 Subscription prepaid -120 Less uncleared cheques -1310 Plus meal money due 24 3407 3981 Trust Fund Bank balances 28065 31806 Debtors 60 1843 Due from general account 50 Deposit paid for carol concert 432 371 Expenditure for wine festival carried forward to 2022 1351 Wine Festival ticket sales and exhibitor fees in advance -198 -3666 28359 31755 31766 35736 REPRESENTED BY General Fund Balance 1st. July 2023 3981 4049 Surplus for the year -574 -68 3407 3981 Trust Fund Restricted Unrestricted Balance 1st. July 2023 4087 27668 31755 31085 Surplus (Deficit)for the year 23 -3419 -3396 670 4110 24249 28359 31755 31766 35736 £ Trees 1525 Kids Out 910 Community Service 1,045 International 5 National Star College 625 INDEPENDENT EXAMINER'S REPORT I have examined the Accounts and Balance Sheet of the Rotary Club of Cheltenham North for the year ended 30th June 2024. In my opinion they are in accordance with the books of account and show a true and fair view of the transactions during the year. 17 October 2024 S F WOOD ~~-~~