KENILWORTH ROUND TABLE NUMBER 820
REGISTERED CHARITY NUMBER 1044955 OFFICERS’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
| Contents | Page | Page |
|---|---|---|
| Legal and administrative information | 1 | |
| Report of the Officers | 2 | |
| Report of the Independent Examiner | 3 | |
| Statement of financial activities | 4 | |
| Balance sheet | 5 | |
| Notes forming part of the financial statements | 6 | - 10 |
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
Legal and Administrative Information
Details of Charitable and Legal Status
Kenilworth Round Table, (The Table), is registered as a charity with the Charity Commissioners for England and Wales, registration number 1044955. It is also a constituent member of the Round Table of Britain and Ireland, Area 45 number 820. Its status is governed by both the national rules of Round Table of Britain and Ireland and by Standing Orders of the charity.
The aims and objects of Kenilworth Round Table are those of the Round Table movement as a whole.
Trustees of Kenilworth Round Table
The following trustees served during the year:
Mr H Lansdowne Mr S Greenwood Mr T Shearer Mr I Grigg
Officers of Kenilworth Round Table
The following were in office during the year: -
Chairman Mr H Lansdowne Vice Chairman Mr A Blewitt Honorary Treasurer Mr A Sharp
The officers are elected at the AGM to serve for a period of one year.
Principal Address
27 Mill End Kenilworth CV8 2HP
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
Report of the Officers for the year ended 31 March 2023
The officers present their report and the financial statements for the year ended 31 March 2023.
Activities
Kenilworth Round Table is a charity and exists to promote fellowship and service to the local community.
Public Benefit
The trustees have had due regard to guidance published by the Charity Commission on public benefit and consider that the charity complies with the requirements.
Achievements
Kenilworth Round Table has enjoyed a successful year with fundraising from Kenilworth’s annual bonfire once again following the end of Covid restrictions, the Christmas Carol Float and with other events raised just over £121,000. This has enabled the charity to support many local causes.
Reserves policy
The charity has established a policy of retaining unrestricted reserves of between £500 and £3,000 to hedge against unexpected expenditure and retaining restricted reserves of around £15,000 as a provision against the possibility of losses on future fundraising events.
Investment policy
As the object of fundraising activities is to provide the means to make donations to worthy local causes it is not anticipated that funds will be retained longer than the short term. Therefore, surplus funds are invested in a high interest deposit account.
Grant-making policy
The charity receives many requests for support from all aspects of Society. All requests are considered by the members at general meetings, but the emphasis is very much on supporting the local community which means Kenilworth and its outlying villages and services which support the county of Warwickshire.
Approved by the officers and trustees on 2023 and signed on their behalf by:
(Chairman and Trustee)
(Honorary Treasurer and Trustee)
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
INDEPENDENT EXAMINERS’ REPORT TO THE OFFICERS OF KENILWORTH ROUND TABLE – NUMBER 820
I report on the accounts of the Kenilworth Round Table – Number 820 for the year ended 31 March 2023, which are set out on pages 4 to 10.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s report
I have completed my examination. I 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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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
………………………………………….. Dated……………………………. Jonathan M Higgitt F.C.A 15 Heyville Croft Kenilworth CV8 2SR
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
Statement of Financial Activities For the Year Ended 31 March 2023
| INCOMING RESOURCES Income and endowments from - Donations and legacies - Charitable activities - Investments Total Incoming Resources EXPENDITURE ON Raising funds - Charitable activities - Governance costs - Events Total Resources Expended Net movement in funds Fund balances brought forward Fund balances carried forward |
Unrestricted and Designated Funds £ 1,000 - - 1,000 - 1,019 (141) 878 122 1,532 1,654 |
Restricted Funds £ 573 120,862 632 122,067 100,069 - - 100,069 21,998 58,095 80,093 |
Total Funds 2023 2022 £ £ 1,573 2,000 120,862 4,815 632 30 123,067 6,845 100,069 8,352 1,019 (141) 1,100 - 100,947 9,452 22,120 (2,607) 59,627 62,234 81,747 59,627 |
Total Funds 2023 2022 £ £ 1,573 2,000 120,862 4,815 632 30 123,067 6,845 100,069 8,352 1,019 (141) 1,100 - 100,947 9,452 22,120 (2,607) 59,627 62,234 81,747 59,627 |
|---|---|---|---|---|
| 6,845 | ||||
| 8,352 1,100 - |
||||
| 9,452 | ||||
| (2,607) 62,234 |
||||
| 59,627 |
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
Balance Sheet as at 31 March 2023
| Notes Current Assets Cash at bank 6 Debtors Creditors: amounts due within one year 7 NET CURRENT ASSETS NET ASSETS Represented by: - Funds Unrestricted 8 Restricted 8 |
2023 £ £ 83,723 - 83,723 1,976 81,747 81,747 1,654 80,093 81,747 |
2023 £ £ 83,723 - 83,723 1,976 81,747 81,747 1,654 80,093 81,747 |
2022 £ £ 59,627 - 59,627 - 59,627 59,627 1,532 58,095 59,627 |
2022 £ £ 59,627 - 59,627 - 59,627 59,627 1,532 58,095 59,627 |
|---|---|---|---|---|
| 81,747 | 59,627 | |||
| 1,654 80,093 |
1,532 58,095 |
|||
| 81,747 | 59,627 |
Approved by the officers on 2023 and signed on their behalf by:
A S Sharp (Honorary Treasurer and Trustee)
H Lansdowne (Chairman and Trustee)
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
Notes forming part of the financial statements for the Year Ended 31 March 2023
1. Accounting policies
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(a) The financial statements have been prepared in accordance 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 (FRS102). The charity is a Public Benefit Entity as defined by FRS102.
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The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the charity and monetary amounts in these financial statements are rounded to the nearest £.
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(b) At the time of approving the financial statements, 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 financial statements.
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(c) Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable the income will be received. Income from charitable activities is recognised based on the date the charitable activity occurred. Income from investments is included when receivable.
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(d) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
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(e) Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
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(f) Restricted funds are to be used for specific purposes as laid down by the donor or by the charity’s objects. Expenditure which meets these criteria is charged to the fund.
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(g) Designated funds are unrestricted funds which have been set aside by the Trustees for a specific purpose, and only specific expenditure is charged against these funds.
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(h) Cash and cash equivalents include cash in hand and deposits held at bank.
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
– 2) Income and Expenditure Account General Fund (Unrestricted Funds)
| Income Subscriptions Marshalling - Bonfire Expenditure Capitation Area 45 Officers’ Jewels Chairman’s Honourarium Sundry Bank charges (Deficit)/ Surplus carried forward Surplus/ (Deficit) on Events Ladies’ Night Presidents Night Fellowship events NET SURPLUS (DEFICIT) FOR THE YEAR Balance brought forward Balance carried forward |
2023 £ 650 350 1,000 595 160 - 192 - 72 1,019 (19) - 141 - 141 122 1,532 1,654 |
2022 £ 910 - |
|---|---|---|
| 910 | ||
| 680 - - - 348 72 |
||
| 1,100 | ||
| (190) | ||
| - - - |
||
| - | ||
| (190) 1,722 |
||
| 1,532 |
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
– 3) Income and Expenditure Account Charity Fund (Restricted Funds)
| Income arising on Fund Raising Events Bonfire Night Christmas Carol Float Sundry donations Expenditure on Fund Raising Events Bonfire Night Christmas Carol Float Surplus Arising on Fund Raising Events Building society interest Income Available for Distribution Charitable Expenditure Donations – see note 4 Old Folk’s Party Expenses Storage Costs Sundry Expenses Bank Charges Website Costs Ladies Circle – Carol Float SURPLUS (DEFICIT) FOR YEAR Balance brought forward Balance carried forward |
2023 £ 111,325 9,547 573 121,445 74,678 1,019 75,697 45,748 622 46,370 19,302 2,514 270 21 72 - 2,193 24,372 21,998 58,095 80,093 |
2022 £ - 4,815 1,090 |
|---|---|---|
| 5,905 | ||
| 689 1,456 |
||
| 2,145 | ||
| 3,760 30 |
||
| 3,790 | ||
| 4,117 - 540 - 216 134 1,200 |
||
| 6,207 | ||
| (2,417) 60,512 |
||
| 58,095 |
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
4. Schedule of Charitable Donations
| Kenilworth Community Centre Foodbank – Warwick District Council You Can Flourish Junior Angling Warwick School Kenilworth School Myton Hospice Priors Field School Kenilworth School – Vancouver Medics to Medics Rugby Kit Toilet Twinning Kenilworth Illuminations Kenilworth Lions Ukraine – 41 Club Scouts/Guides Support Plug In Licence |
8,500 3,000 1,200 1,000 750 750 702 770 764 500 300 240 200 180 200 150 96 |
|---|---|
| 19,302 |
5. Staff costs and number
There were no employees of the charity in the year and no trustee received any remuneration for their services.
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KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955
6. Cash at Bank and in Hand
| 2023 £ £ General Fund Current account 3,630 3,630 Charity Fund PayPal 30 Current account Coventry Building Society Unity Deposit Account 13,407 66,419 237 80,093 83,723 . Creditors: amounts falling due within one year Outstanding pledges Other creditors and accruals |
2022 £ 1,532 30 8,272 49,561 232 2023 £ - 1,976 1,976 |
2022 £ 1,532 30 8,272 49,561 232 2023 £ - 1,976 1,976 |
£ 1,532 58,095 59,627 2022 £ - - |
|---|---|---|---|
| - |
7. Creditors: amounts falling due within one year
8. Movements in funds
| Restricted fund Unrestricted fund Total funds |
At 1 April 2022 £ 58,095 1,532 59,627 |
Incoming Resources £ 122,067 1,000 123,067 |
Outgoing Resources £ (109,069) (878) (100,947) |
Transfers £ - - - |
At 31 March 2023 £ 80,093 1,654 |
|---|---|---|---|---|---|
| 81,747 |
Purpose of restricted fund
The fund is dedicated to the support of worthy causes, with a strong emphasis on supporting the local community.
9. Ladies’ Circle
During the year Kenilworth Round Table has collected funds raised by Kenilworth Ladies Circle Number 665 and then passed those funds to Ladies Circle. Those transactions are not reflected in these accounts.