## **ROTARY CLUB OF SALCOMBE TRUST FUND** REGISTERED CHARITY NO: 1023433 # **TRUSTEES REPORT AND ACCOUNTS** **FOR THE YEAR ENDED 30[TH] JUNE 2023** ## **ROTARY CLUB OF SALCOMBE TRUST FUND** # **TRUSTEES REPORT (Year Ending 30[th] June 2023)** **The Trustees present their Report and Accounts for the year ended 30[th] June 2023** **STRUCTURE, GOVERNANCE AND MANAGEMENT:** **Registered Charity No:** 1023433 **Trust Fund’s Contact Address:** Elm Cottage, Galmpton, Kingsbridge, TQ7 3EY ## **Trustees:** Richard John Edwards Edwin John Sampson John Howard Cooke Roger David Whiteley Trustee selection: Trustees are appointed from the Officers of the Club (President, Secretary, Treasurer and Past Presidents). ## **Governing Document:** Trust Deed dated 7[th] April 1982. ## **Aims and Activities:** Aims of the Trust Fund: To raise Funds within Salcombe, Malborough and Hope Cove to support local charities and deserving projects/causes. As well as National and International causes usually within the world wide Rotary Umbrella. Main activities: - 1) Organisation and Operational Management of a day long Festival (Crabfest) during the first Bank Holiday weekend in May in Salcombe. - 2) Organisation of public dinner with Raffle and Auction. - 3) Organisation of Community Carol Service with collection taken. - 4) Collection made when taking a sleigh decorated float with Father Christmas around our area two evenings in December. Funds raised by the above are supplemented by public and member donations. ## **Achievements:** Making Annual Donations/grants totalling over £13,000 including this year a major donation of £10,000 to Cancer Research UK in memory of a stalwart member of the club recently lost before his time. A Summary of these donations/grants is shown in the Trust Accounts. This year we have returned close to the level of income we were achieving before Covid struck. We therefore conclude that this was a successful year in achieving our aims once again. ## **Additional Governance:** Club and Trust matters are discussed at weekly meetings of members. Once a month there is a Business Meeting at which decisions are made on projects, applications for funding and donations. A Financial Status Report is given at each Business Meeting (bank balances, payments in the pipeline, payments made). ## **Declaration:** The Trustees declare that they have approved the Trustees Report above. RICHARD JOHN EDWARDS EDWIN JOHN SAMPSON JOHN HOWARD COOKE ROGER DAVID WHITELEY CHARITY ACCOUNT YEAR 22123 GAINILOSS FOR YEAR YEAR 21122 INCOME FWORKS £ 3.897.9S CPABFEST £ rJ.31A.02 £14,17246 MISC FUND RAISING S FLOAT £ CAROLS £ ODDS £ 483.40 467 76 0.31 £ 15.12393 270 16 843 07 £28.675 44 EXPENDITURE: COSTS OF FUNDRAISING EvE￿S". FWORKS £ 1.345.14 CRABFEST £ 12.823.83 MISC (RefUr￿S & TTansfer51 £ Ciedtt Card Pr￿SsI￿j Fees £ £10,144.17 620.00 274 83 149J8 17 293.01 £ 11 057 18 SPEND ON COMMUNrrY EVENTS. XNWS TREE £ CAROLS £ SENIOR CITIZEN DINNERJPANTOMARM HUB £ 538 94 195 00 180.00 207 00 688 57 1.434 51 482 39 857.39 OONATIONS". 13.220 00 £ 2.888.50 £29.562.68 £ 14.803 07 LOSSINYEAR -£ 88724 320 86 BALANCE SHEET FOR YEAR AT 0110712022 ASSETS BANK BALANCE £ 17.422.91 YOUTH ACCOUNTS BALANCES £ 2.ri)5. FUNDS (YS FROM YEAR21Q2 INCOME PAYMENTS OIS FROM YEAR 21122 PAID .£ £ 14.689.97 £ 3.255.49 RESTRICTEO 1,16239 £ 18.266.32 £ 17.945 46 AT 3010612023 ASSETS 8ANK BALANCE £ 17 YJ1.21 YOUTH ACCOUNTS BALANCES £ 507 87 FUNOS OIS TO BE RECEThED YEAR 2Y24 £ YEAR 23r24 FUNDS ALREADY RECEIVED .£ £ 17.422 91 £ 2,CK)5.80 RESTRICTED 1.5&5.00 DEBTS PAYMENTS OIS TO BE PAID YEAR 2Y24 '.62 39 £ 18.266 32 £ 17.379 08 ASSET CHANGE IN YEAR -£ 887.24 320 86 0.00 ANALYSIS BY EVENT DONATIONS FROM ACCOUNT AMOUNT WHO TO FIREWORKS SWOO Salcotnbe Regatta Moschchun Appeal K'B Gymnastic Club Friends Salcornbe Prirnary SalcoTnbÈ Xmas Lwjhls C3nc*r Research UK Salc Minibu$ Kin9sbridge ATC TOTAL INCOME 3.897.96 1.345.14 12500 COSTS 4500 £ 15WOO PROFIT 2.552.82 5fKJ QO £70.0￿00 XMAS FLOAT INCOME COSTS 558.23 SWOO PROFIT 558 23 11322000 CAROLS INCOME OSTS 270.16 745.94 PROFIT CRABFEST INCOME 23.3￿￿ 02 12.823.63 COSTS PROFFr 10.482.39 SENIOR CITIZEN DINNER INCOME COSTS 688.57 LOSS TOTAL OF PROFITS: 12.429 09 INCOME ODDS OUTGOING ODDS DONATIONS.. 643 07 739 40 13.220 fjo LOSS IN YEAR 88", 24 Edward5. Treasurer & Trustee CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl memberJ of ROTARY CLUB OF SALCOMBE TRUST FUND On accounts for the year ended 30" JUNE 2023 Charity no Ilf any) 1023433 Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust.) for the year ended 3010612023. R8sponslbilities and As the charity trustees of the Trusl, you a￿ responsible for th8 preparation basis of report of the accounts in accordan￿ Mth the requirement5 Of the Charities Act 2011 1.the Act.). I report in respect of my examination of the Trust's accounts carned out under section 145 ofthe 2011 Act and in carrying out my examinalion, I have followed the applicable Directions given by the Chanty Commission under section 145{51{b) of the Act. I have completed My examination. I confinn that no matenal matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection wilh the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 2510312024 Name: Anthony John Bum Relevant professlonal qualiflcationls) or body (if any): Fellow if the Institute of Chartered A¢countanls in England & Wales Address: Sutton Cross House South Milton Kingsbridge. TQ7 3JG IER October 2018 Section B Disclosure Only Complete Ifthe examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts." direGts'ons and guidan¢e for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018