Charity Registration No. 1031406
ROTARY CLUB OF HORWICH TRUST FUND TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2025
ROTARY CLUB OF HORWICH TRUST FUND LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Secretary
Mr P Byrne Mr P Whitney Mr T Mather Mr W Watkins
Mr T Mather
Charity Number Principal office
1031406
96 Pennine Road, Horwich Bolton BL67HW
Mr E Wisedale
Independent examiner;
2E Hardcastle Gardens Bolton
BL24NZ
ROTARY CLUB OF HORWICH TRUST FUND CONTENTS
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Trustees’ report 1-4
Independent examiners report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-15
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ROTARY CLUB OF HORWICH TRUST FUND TRUSTEES REPORT FOR THE YEAR END 30 JUNE 2025
The Trustees present their report and accounts for the year ended 30 June 2025
The accounts have been prepared in accordance with the accounting policies set out in the note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRSI 02) (effective 1 January 2019)
Structure, governance and management
The Charity was established by a charitable trust deed on 7 October 1993.
The Trustees who served during the year were:
Mr P Byrne
Mr P Whitney
Mr T Mather
Mr W Watkins
Risk Factors
The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
Related Parties
The Trustees are members of Horwich Rotary Club. None of the Trustees receive remuneration or other benefit from their work with the Charity. Any connection between a Trustee and an individual or charity being given a donation or grant must be disclosed to the full board of Trustees in the same way as any other contractual relationship with a related party. No such related party transactions were reported during the year
Objectives and activities
The Trust's objects are to apply the original donation and all other monies received from donations, bequests or any other saurce to ar far the relief af the paar and needy or to or far such other charitable purpose, institution, society or object.
The policies adopted in furtherance of these objects are that all the Committees of Horwich Rotary Club bring forward suggested projects in their areas of interest for consideration by the Trustees who strive to maintain a balance between community, vocational and international charitable causes and there has been no change in these during the year.
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ROTARY CLUB OF HORWICH TRUST FUND TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Public benefit statement
All the Charity's activities focus.on the objective to relieve the poor and needy or otherwise disadvantaged persons and organisations primarily in Horwich but also in the rest of the UK and abroad.
The Trustees have paid due regard ta guidance issued by the Charity Cammissian in relatian ta activities for the public benefit in deciding what activities the Charity should undertake.
Achievements and performance
An-expanded Beer Festival took place in September 2024. The event was held in the larger venue used pre covid and in conjunction with the lacal cauncil’s annual festival. This invalved an additiana! day open to the public and an increase in revenue.
The Christmas Float collections both around the streets and at the supermarkets took place in similar weather conditions to last year. The funds generated were hence similar
Once again, the Trustees wish to record their thanks to the management at Bolton Kia for the loan of the tow car for the float and all those volunteers from the local community who helped at both fund raising events.
Cashless payments were a major feature at the beer festival but less prevalent at the Christmas collection.
The annual children’s party was held at, and with the support of a local primary school
With the support.of two local-_rotary clubs and a grant from Kids in Mind the club organised for children from a local special school an outing to Blackpool Zoo,
The Youth Achievement Awards scheme gave awards to 30 local young people who had.-excelled in sport, music and performing arts.
A ‘Dragons Den’ event was held offering the chance of grants to local-organisations that made a campelling case ta the panel.
A total of 26 UK- organisations were supported, all.of whom worked in Horwich and Blackrod or its immediate environs 6 UK registered charities undertaking work overseas were supported during the year 3 of whom were instrumental in the provision of water to remote communities in various parts of Africa. Application for £3,000 in matched funding was again successfully granted through the The Big Christmas Give for these charities.
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ROTARY CLUB OF HORWICH TRUST FUND TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Monitoring achievement
The trustees and members of the various committees have visited some of the projects they have funded, had speakers from the organisations giving updates and/or received a Report on how they have used the funds provided.
Financial review
At the year end the trustees agreed that from the previous year’s legacy gift from the estate of Phil Gibbs, £8500 would be allocated to restricted funds. Of this £4000 would be used to support future ‘Dragons Den’ events, and £4500 to fund a special award at future youth achievements awards in Phil’s name
Donations totalled £2937 including £1000 specifically in support of a ‘Dragons den’ event
The Beer Festival and Christmas collection raised a total of £17276
Donations to charitable causes totalled £33495
The application for giftaid to HMRC has been made but yet to be received for this year’s accounting neriad
Reserves Policy
The Trustees seek to maintain a reserve in the general account of approximately £1 0,000 which they consider sufficient to
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a) meet the expenditure incurred on the beer festival as this event takes place before any other fundraising is undertaken ;
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b) meet the costs in maintaining the Christmas float in good condition
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c) to meet any immediate response to a natural disaster overseas
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d) meet the donations made prior to substantive fundraising
Plans for the future
The Beer festival successfully took place again in September.2025
Plans are in hand for the Christmas Float Street and supermarket collections to go ahead as normal.
The Youth Achievement awards will be held in November
The children’s party will be held in December
Matched funding via the Big Give will be sought again
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ROTARY CLUB OF HORWICH TRUST FUND TRUSTEES REPORT FOR YEAR ENDED 30 JUNE 2025
Statement of Trustees responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the financial. statementsin accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial standards for each financial year which give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for that period.
In preparing these financial statements, the Trustees are required to:
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= select suitable accounting policies and then apply them consistently;
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~observe the methods and principles in the Charities SORP;
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= make judgements and accounting estimates that are reasonable and prudent;
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-state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
| declare. In my capacity of Charity Trustee that:
the Trustees have approved the report above: and have authorised me to sign it
on their behalf.
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Aft MS _--------------- WILLIAM WATKINS
Trustee
——-
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ROTARY CLUB OF HORWICH TRUST FUND INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ROTARY CLUB OF HORWICHTRUST FUND
| report to the Trustees on my examination of the accounts of Rotary Club of Horwich for the year ended 30 June 2025 which are set out on pages 5 to 14
This report is made solely to the Charity's Trustees as a body, in accordance with section 154 of the Charities Act 201 1. My independent examiner's work has been undertaken so that | might state to the Charity's Trustees those matters | am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Charity, the Charity's members as a body and the Charity's Trustees as a body for my independent examiners work for this report, or for the opinions | have formed.
Responsibilities and basis of report
As the Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
| report in respect of my examination of the Trustees accounts carried aut under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
Independent examiner's statement
| have completed my examination. confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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(2) the accounts do not accord with those record: or
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(3) the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination.
Thave no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to
be reached @»2 '\ - S ‘ ~ Signed[Sere][eae][ SHR] Lasdhal/[ eee][ eee][ease][ SRS][ eH][ eee] 0. Date SERARRy RRRNw RR RRR RRR WAS RR RE RR EERE Mr E Wisedale 2E Hardcastle Gardens Bolton BL24NZ
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ROTARY CLUB OF HORWICH TRUST FUND STATEMENT OF FINANCIAL ACTIVES FOR THE YEAR ENDED 30T4 JUNE 2025
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Nates | Funds | Funds | 2025 | 2024 | |
| £ | £ | £ | £ | ||
| Income from: | |||||
| Donations andTax Refunds | 987 | 1950 | 2937 | 31102 | |
| Othertrading activities | 23,924 | 23,924 | 21522 | ||
| Total income | 24,911 | 1950 | 26861 | 52624 | |
| Expenditure on: | |||||
| Costs of raisingfunds | 6,648 | 0 | 6,648 | 5,362 | |
| Charitable activities | 31,545 | 1,950 | 33,495 | 27,498 | |
| Total expenditure | 38,193 | 1950 | 40,143 | 32,860 | |
| Net income/expenditure/Net | |||||
| Movement in funds | (13,282) | 0 | (13,282) | 19,764 | |
| 19,764 | |||||
| Transfer between funds | (8,500) | 8,500 | - | - | |
| Fund balances at 1 July2024 | 34,193 | 0 | 34,193 | ||
| Fundbalancesat30June2025 | 12,411 | 8500 | 20,911 |
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ROTARY CLUB OF HORWICH TRUST FUND BALANCE SHEET AS AT 30 JUNE 2025
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|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Notes|£|£|£|£|
|Current|Assets|
|Debtors|2,230|
|Cash|at|bank|and|in|hand|9|20,911|31,963|
|Total|net|assets|20,911|34,193|
|The Funds|of the Charity|
|Restricted|Funds|10|8,500|0|
|Unrestricted|Funds|10|12,411|34,193|
|Total|Charity|Funds|20,911|34,193|
|The accounts were approved by the Trustees on|bfufeere|
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7 WILLIAM WATKINS. Trustee
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ROTARY CLUB OF HORWICH TRUST FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
1.1 Basis of preparation
The accounts have been prepared in accordance with applicable accounting standards, the accounting policies set out in the notes to the accounts and comply with the Charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)". The Charity is a Public Benefit Entity as defined by FRS 102.
The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention. The accounts include all
transactions, assets and liabilities for which the Charity is responsible in law. 1.2 Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. There are no material uncertainties about the Charity’s ability to continue.
1.3 Funds
Restricted funds comprise funds which have been set aside for specific purposes. The purposes and uses of the restricted funds are set out in the notes to the accounts. Unrestricted funds are funds which are expendable at the discretion of the Trustees in furtherance of the objects of the Charity.
1.4 Incoming resources
These are Included in the Statement of Financial Activities (SOFA) when:
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the Charity becomes legally entitled to the benefit of use of the resources;
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aninflow of economic benefit is probable; and
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the monetary value can be measured with sufficient reliability.
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1.5 Resources expended
Liabilities are recognised as soon as an outflow of economic benefit is probable Grants payables are charged in the year in which it is probable they will become payable
1.6 Cash and cash equivalents
Cash and cash equivalents include cash at hand , deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts
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ROTARY CLUB OF HORWICH TRUST FUND NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
2 Donations and Tax Refunds
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|---|---|---|
|2025|2024|
|£|£|
|Donations and Gifts — Unrestricted|987|26,356|
|Restricted|1,950|300|
|Tax|Refunds|4,446|
|Total|2,937|31,102|
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3 Other Trading Activities (Unrestricted Funds)
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|||||
|---|---|---|---|
|2025|2024|
|£|£|
|Beer|Festival|13,669|10,256|
|Christmas|Float|10,255|11,257|
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- 4 Trustees
No Trustee, or any person connected with them, received remuneration or benefits from the Charity during the year
5 Employees/Key Personne!
There were no employees during the year
- 6 Related Parties
The Trustees are all members of Horwich Rotary Club
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ROTARY CLUB OF HORWICH TRUST FUND NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
7 €xpenditure on charitable Activities
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|||||
|---|---|---|---|
|2025|2024|
|Costs|relating to Grants payable comprise:|£|£|
|Grants payable (note 8)|33,495|27,498|
|Fundraising costs|6,648|5,362|
|Sundry expenses|0|0|
|40,143|32,860|
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| 8 Grants payable es ee a Qe a Q |
|---|
| UnrestrictedFunds Restricted Total Total |
| Funds 2025 2024 |
| C(O |
| £ £ |
| a en rGrantspayable |
| a HolyTrinityChurch Po 0 |
| Horwich Parish Church ee ee ee ee ee |
.
|HorwichHarriers TdTeeSC™~~—“«~SC“‘“‘;rSCd;SC<SSOee es |HorwicheeaHeritage | SOTCsE=CéiSOSTSCSOC [Horwich inner Wheel |QOSSiS] ~S~@Y~SC«800 | | 2000 | esGO [Horwich RepairCafe | tT[SCéiL=CiéOYTSCOSdSC‘sS] ee |Horwich First Responders [OT SSCT=SCiéiOTSS eeHorwich Ge OC RMI 30080 sO OC |HorwichComm.Choir [| 800|S —SC=«S=C STS] ee YC[international AidTrust_ | SSC]OG—SC~~dC«Ci O28 0 fKidsOut054[950 [404 | as37_ | ns [Lancashire outdoor activities [|CdCSC‘dSC‘d;C«COS BS eC jlangansFoundation | SOS YC (CO Livs Trust a fe OO |NotoutNinety To TC—~<“Ctié‘iL:SCéitTSCSdSSC” a jPumpaid CT t000 | | t000 | 1000 aC (CD [RMiBowlingClubfe| 800—<“Cé‘Y=CéiétYOSTSCS |RMICricketClub OC a Too SCsL=CiéMOOTSdT aERNE50 aso |RotaryFoundationUK TTSC SCdCSSSCd~SCS«000 CO [SeniorCitiensParty || SCidCSSSCdSSC=déB es [StCatherines Church | 250 | 500] 750, | 250| po Ee eT [TheGreatBigYawn [tO TSC«E=C(‘éSOT SOTSCOSCd ee [TheMopanetreea | SOOTCSC™~—“;‘~SCiésSOYYCO#*CLOCN#NC‘é”s
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aVillage Water pFCHF| 2000) | 1000 [VisionAction |8 en [Voice4UEvent | SOE | | 50 eG Wellfound pC000 fF | 1000) | 1000 | neWrapupProject GO es [Youth AchievementAwards | 0B || 4B || 5198 | | OO ee a nN
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ROTARY CLUB OF HORWICH TRUST FUND NOTES TO THE ACCOUNTS(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
9 Cash at bank
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|||||
|---|---|---|---|
|2025|2024|
|£|£|
|Barclays|pic|20,911|31,963|
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10 Movement in funds
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||||||||
|---|---|---|---|---|---|---|
|Balance|at|Movements|in|funds|Balance|at|
|Funds|1|July 2024|Income|Expenditure|30 June|2025|
|Restricted|Fund|0|10450|1,950|8,500|
|Unrestricted|Fund|34193|16,411|38,194|12,410|
|Total|Funds|34,193|26,861|40,144|20,910|
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11 Analysis of net assets between funds
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|||||||
|---|---|---|---|---|---|
|Unrestricted|funds|Restricted funds|Total|
|Fund balances at|30 June|2025 are|£|£|£|
|represented|by:|
|Current assets|12,410|8,500|20,910|
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ROTARY CLUB OF HORWICH TRUST FUND NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
12 Comparatives for 2024
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|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|
|Funds|Funds|2024|
|£|£|£|
|Income|and|endowments|from:|
|Donations|30,802|300|31,102|
|Other trading|activities|21,522|Q|21,522|
|Total income|52,324|300|52,624|
|Expenditure on:|
|Cost of raising funds|5,362|0|5,362|
|Charitable activities|26,798|700|27,498|
|Total expenditure|32,160|700|32,860|
|Transfer|between funds|>|>|:|
|Fund Balances|at|1 July 2023|14029|400|14429|
|Fund Balances at 30 June 2024|34,193|i]|34,193|
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