## Trust Report for SGM 17 November 2025 Trustees Michael Rouse (Chairman), Ann Carter, Elizabeth Jones. 

The Trustees arranged a meeting for 10° November 2025 to review the financial state of tie Trustees Accoumt for the Rotary Club of Cheltenham North. 

Firstly, | must report that due to Peter Watson’s resignation from our Rotary Club after several years of excellent conscientious service, we are extremely fortunate to welcome Elizabeth lones to join tie Trustee Team. 

The Trustees have had regular exchanges by e-mail, telephone conversations and occasionally in person at Club Meetings. 

The Treasurer has asked the Trustees authority to pay “non regular” requests, and this system works well amd will comiimue to be used. Rotarian Steve Wood has examined the June 2024-2025 Rotary Year Accounts and reports all are in good order. 

Our President Nigel Gilhead requested that we support many local community charities wine perfonm excellemt work for mnemy fortumate people withim our Cheltenham Society These are ail recorded im tine Balance siieets provided iy Steve Wood. in 2025 our Ciub supported many good tocal causes totaling £4,181. in this year our President Nigel did not make any requests for larger payments to be made to any organisations. All the funds allocated tothe various charities have been approved by our Council and Members of the Club. 

We need to keep at least £4000 as surplus to ensure we have sufficient funds for unexpected emergencies. 

Since 2023 the Club has agreed to allocate £1500 to the International Committee and £1500 to Community Service and we approve these payments to be continued. 

Considering all the facts and figures discussed in the balance sheet, we can state the sim of £18,269 is im tine Trust Fume at present. 

The Trustees would like to take this opportunity to thank most sincerely our Treasurer Linda Pawley for all her hard work throughout the year to make our life so much easier. 

I wool! alsa like tho titamnk Peter for iis work as a Trustee and all tie members for their continuing support to various committees and fund-raising events. 

In previous years Trustees have held post for three years but currently two of our three Trustees have been im for more them this time wtih agreement from Council. | have served for six years and Ann five years. We need agreement from the President and Council if you would like us to continue. 

## M\ Ee Roce 

|**ROTARY CLUB OF CHELTENHAM NORTH**<br>**INCOME AND EXPENDITURE ACCOUNT**<br>**YEAR ENDED 30TH JUNE 2025**||||
|---|---|---|---|
|||||
|||||
|||||
|**GENERAL ACCOUNT**||||
|||||
||**2025**<br>£<br>£<br>5,035<br>220||**2024**<br>£|
|**INCOME**<br>Subscriptions<br>Rotary Foundation contributions||||
||||4,680|
||||170|
||5,255<br>4,850|||
|LESS<br>District and RIBI fees<br>Rotary Foundation donation||||
||3,926<br>220||3,657|
||||170|
|||||
|||4,146<br>3,827||
|||||
|Net Club subscriptions||1,109<br>1,023||
|||||
|||||
|Gift Voucher<br>Meal profits / losses<br>Christmas Dinner deficit|50<br>-66<br>-12<br>0<br>-192|||
|||1,093<br>819||
|LESS**EXPENDITURE**<br>President's allowance ( To Trust Fund)<br>Gifts and gratuities/ Welfare<br>District Boules entry<br>Badges,engraving etc.<br>Printing and stationery<br>Membership<br>District and other websites<br>Treasurer's expenses<br>Speaker meals and expenses<br>Plaque repairs<br>Speakers’ Fees donated to Trust Fund<br>Sound Equipment||||
||0<br>30<br>0<br>114<br>0<br>26<br>50<br>0<br>688<br>0<br>100<br>189||250|
||||34|
||||15|
||||114|
||||95|
||||131|
||||50|
||||24|
||||576|
||||54|
||||50|
|||||
|||||
|||1,197<br>1,393||
|||||
|||||
|**SURPLUS  FOR THE YEAR**||-105<br>-574||
|||||
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|**ROTARY CLUB OF CHELTENHAM NORTH**<br>**INCOME AND EXPENDITURE ACCOUNT**<br>**YEAR ENDED 30TH JUNE 2025**<br>**TRUST ACCOUNT charity no. 1021635**|Restricted<br>Unrestricted<br>2025<br>2024<br>£<br>£<br>£<br>£<br>£<br>409<br>409<br>550<br>935<br>935<br>425<br>0<br>2,965<br>1,525<br>1,525<br>663<br>0<br>889<br>0<br>130<br>12,219<br>12,219<br>5,139<br>9,593<br>9,593<br>5,346<br>3,625<br>3,625<br>3,105<br>361<br>361<br>548<br>0<br>253<br>2,000<br>2,000<br>2,000<br>0<br>625<br>0<br>890<br>1,500<br>1,500<br>1,500<br>1,500<br>1,500<br>1,500<br>0<br>50|Restricted<br>Unrestricted<br>2025<br>2024<br>£<br>£<br>£<br>£<br>£<br>409<br>409<br>550<br>935<br>935<br>425<br>0<br>2,965<br>1,525<br>1,525<br>663<br>0<br>889<br>0<br>130<br>12,219<br>12,219<br>5,139<br>9,593<br>9,593<br>5,346<br>3,625<br>3,625<br>3,105<br>361<br>361<br>548<br>0<br>253<br>2,000<br>2,000<br>2,000<br>0<br>625<br>0<br>890<br>1,500<br>1,500<br>1,500<br>1,500<br>1,500<br>1,500<br>0<br>50|
|---|---|---|
||||
|**INCOME**<br>Donations<br>Raffles - Shelterbox<br>Colesbourne Snowdrops - teas<br>Trees<br>Pendyrus Choir surplus<br>End Polio Now<br>Wine Festival income<br>Carol Concert income<br>Love Our Turf<br>Auctions -School in a Bag<br>Gift aid unrestricted<br>Fireworks<br>Sundry Donations<br>Kids Out<br>Unrestricted allocation to International<br>Unrestricted allocation to Community Service<br>Other 2023/24 income - from General Fund|||
||935||
||||
||1,525||
||||
||||
||12,219<br>9,593<br>3,625||
||361||
||||
||2,000||
||||
||||
||1,500<br>1,500||
||||
||4,296<br>29,371|33,667<br>26,577|
|**EXPENDITURE**<br>Community Grants - see separate list<br>Shelterbox<br>Love Our Turf<br>LINC<br>Wine Festival expenditure<br>Carol Concert expenditure<br>Trees - transfer to Unrestricted<br>School in a bag<br>CCP<br>Friends of Sandford Park<br>National Star College<br>Bipolar UK<br>Kids out<br>Belmont School - Comm Service<br>Maggie’s<br>Young Chef<br>Panto trip Xmas 2025<br>End Polio Now<br>Rowanfield<br>Gloucestershire Young Carers<br>Allocation to International<br>Allocation to Community Service|||
||4,911|4,911<br>0<br>885<br>1,015<br>3,125<br>2,415<br>0<br>500<br>6,893<br>0<br>3,448<br>0<br>1,525<br>1,542<br>1,500<br>1,453<br>400<br>700<br>0<br>800<br>6,750<br>11,400<br>0<br>5,000<br>890<br>900<br>120<br>508<br>50<br>0<br>35<br>0<br>800<br>0<br>0<br>130<br>200<br>260<br>170<br>349<br>1,500<br>1,500<br>1,500<br>1,500|
||885||
||3,125||
||||
||6,893<br>3,448||
||1,525<br>1,500<br>400||
||||
||625<br>6,125||
||||
||890<br>120||
||50||
||35||
||800||
||||
||200<br>170||
||1,500<br>1,500||
||6,351<br>28,352|34,702<br>29,973|
|**SURPLUS FOR THE YEAR**|-2,055<br>1,020|-1,035<br>-3,396|
||||



|**ROTARY CLUB OF CHELTENHAM NORTH**<br>**BALANCE SHEET**<br>**AS AT 30TH JUNE 2025**|**ROTARY CLUB OF CHELTENHAM NORTH**<br>**BALANCE SHEET**<br>**AS AT 30TH JUNE 2025**||||
|---|---|---|---|---|
||||||
||||||
||||2025<br>2024<br>£<br>£||
|£<br>£||£|||
|General Fund|||||
|Bank balance<br>Less uncleared cheques|||3378<br>3407<br>-76||
||||||
||||||
||||3302<br>3407||
|Trust Fund|||||
|Bank balances<br>Debtors<br>Garden Party advance sales<br>Deposit paid for carol concert<br>Expenditure for wine festival carried forward to 2025/26<br>Wine Festival ticket sales and exhibitor fees in advance||27744<br>28065|||
|||60|||
|||-640|||
|||432|||
|||2106<br>0<br>-1886<br>-198|||
||||||
||||27324<br>28359||
||||30626<br>31766||
|**REPRESENTED BY**<br>General Fund<br>Balance 1st. July 2024<br>Surplus for the year|||||
||||||
|||3407<br>-105||3981|
|||||-574|
|||3302<br>3407|||
|Trust Fund|Restricted<br>Unrestricted<br>4110<br>24249<br>-2055<br>1020||||
|Balance 1st. July 2024<br>Surplus (Deficit)for the year||28359||31755|
|||-1035||-3396|
||2055<br>25269||27324<br>28359||
||||30626<br>31766||
||£<br>0<br>20<br>1,619<br>366<br>0<br>50||||
|Trees<br>Kids Out<br>Community Service<br>International<br>National Star College<br>Shelter Box|||||
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## **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 2025. 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 2025 S F WOOD 

## **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 2025. 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 2025 S F WOOD