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|Reference and administrative
details|ofthe charity and its trustees|Page 1|
|---|---|---|
|Trustees' report||Pages 2 and 3|
|Independent
examiner's
report||Page 4|
|Receipt and Payments
Account||Page 5|
|Statement ofAssets and Liabilities||Page S|
|Notes to the Receipts and Payments|Accounts|Pages 6and 7|
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|Forthe year ended|30June 2022|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Restdcted||Total Funds||Total Funds||
||||Funds||Funds|||||
||||2022||2022||2022||2021|
|Receipts||||||||||
|Donations
and Grants Received|||11,568||31,252||42,820||18,425|
|Gift Aid|||2,973||6,405||9,378|||
|Rotary Foundation|Subscriptions||||368||368||825|
|Gross Income|||14,541||38,025||52,566||19,250|
|Payments||||||||||
|Gifts and Donations|made||11,644||12,998||24,642||21,707|
|Professional
Fees|||||2,040||2,040||2,664|
|Gross Payments|||11,644||15,038||26,682||24,371|
|Net Surplus / (Deficit)|||2,897||22,987||25,884||(5,121)|
|Transfers between|funds||(1,170)||1,170|||||
|Net Movement
in Funds|||1,727||24,157||25,884||(5,121)|
|Balances Brought Forward|||4,423||3,490||7,913||13,034|
|Balances Carried Forward||E|6,150|E|27,647|E|33,797|E|7,913|
|The Rotary Club ofCanterbury||Trust Fund||||||||
|Statement ofAssets and liabilities||||||||||
|Asat30June 2022||||||||||
|Funds held atthe Bank||E|6,150|E|27,647|E|33,797|E|7,913|
|Total Assets||E|6,150|E|27,647|E|33,797|E|7,913|
|Note: As at 30June|2022 there were no liabilities||ornstanding.|||||||
|Signed by Trustees:||||||||||
||APloll|||JC|Gascoyne|||||
|Date:
25April|2023|||||||||
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|The Rotary Club ofCanterbury
Trust Fund
Notes to the Receipts and Payments
Accounts
Forthe year ended 30June 2022|The Rotary Club ofCanterbury
Trust Fund
Notes to the Receipts and Payments
Accounts
Forthe year ended 30June 2022|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|1.Accounting
Pogcles||||||||||||
|a)|Statement ofCompliance|||||||||||
||These financial accounts have been prepared
in compliance
with FRS102,The Financial|||Reporting||Standard||||||
||applicable
in the UK and the Republic ofIreland', the Statement ofRecommended|Practice applicable to||||||||||
||charities preparing
their accounts
in accordance with the Financial
Reporting Standard|||applicable||in||the UK|||and|
||Republic ofIreland (FRS102)(Charities SORP (FRS102))and the Charities Act 2011.|||||||||||
||Basisofpreparation|||||||||||
||The financial accounts have been prepared
on the receipts and payments
basis ofaccounting.||||The||finandal|||||
||statements
include ag transactions,
assets and liabilities for which the trustees are|responsible|||in|law and||||are||
||prepared
in sterling,
which
isthe functional
currency ofthe charity.|||||||||||
|c)|GoIng concern|||||||||||
||There are no material
uncertainties
about the charity's
ability to continue.|||||||||||
|EI)|Judgements
and key sources ofestimation
uncertainty|||||||||||
||The preparation
ofthe financial
accounts requires the trustees to make judgements,||estimates||and|||||||
||assumptions
that affect the amounts
reported. These estimates
and judgements
are||continually||reviewed|||||and||
||are based on expedience
and other factors, including
expectations offuture events|that||are believed||||to|be|||
||reasonable
under the circumstances.|||||||||||
|e)|Incoming resources|||||||||||
||Planned
giving and donations
are recognised
when received. Tax refunds are recognised|||when|the||refund|||is||
||received.
Interest is recognised
when it is received. Afi incoming resources are accounted
for gross.|||||||||||
||Resources expended|||||||||||
||Grants and donations to organisations
in the UK and abroad are accounted for when||awarded||ifthat|||award||||
||creates a binding or constructive
obligation
on the charity. Ag other expenditure
Including governance||||||||costs|||
||and attributable
VAT is accounted for gross.|||||||||||
||Volunteer
help|||||||||||
||The value ofvoluntary
help received is not included
ln the Receipts and Payments
Account but||||is|described|||||in|
||the trustees'
annualreport.|||||||||||
||Governance costs'|||||||||||
||These can include the costs ofpreparation
and examination
offinancial accounts, the cost oftrustee|||||||meetings||||
||and the cost of legal advice to trustees on governance
or constitutional
matters and||are included|||in the||||||
||Receipts and Payments
Account when paid.|||||||||||
||Remuneration
costs|||||||||||
||The charity
i mployed
no staff duding this financial
period.|||||||||||
||Taxation costs|||||||||||
||As a registered
charity the organisation
is exempt from corporation tax.|||||||||||
||Financial Instruments|||||||||||
||The charity has only financial assets and financial
liabilities ofa kind that qualify as|basic financial||||instruments.||||||
||Basicfinancial instruments
are initially recognised at transaction
value and subsequently|||measured|||at their|||||
||settlement
value.|||||||||||
||Funds|||||||||||
||Unrestricted
Funds are general funds which can be used at the discretion ofthe trustees for any|||||purpose which||||||
||is within the objectives ofthe charity.|||||||||||
||Designated
funds are funds set aside by a decision ofthe trustees out ofunrestricted||general funds||||for||specific|||
||purposes
or projects.|||||||||||
||Restricted
funds represent
donations
received for a specific object, project or purpose.|||The funds||may|||be|||
||expended
only for the specific object, project or purpose for which they were given.||Any balance|||remaining||||||
||unspent at the end ofa financial year is required to be carried forward as a balance||on|that fund.|||It|is not||the||
||normal practice ofthe trustees to invest separately
for each restricted fund. Any interest generated|||||||by|holding|||
||these funds is very small and no allocation ofinterest received is made to restricted||funds.|||||||||
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