2024-03-31-accounts - Round Table Charitable Trust Fund

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KENILWORTH ROUND TABLE NUMBER 820

REGISTERED CHARITY NUMBER 1044955 OFFICERS’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

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

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 A Blewitt Mr S Greenwood Mr E Gillan

Officers of Kenilworth Round Table

The following were in office during the year: -

Chairman Mr A Blewitt Honorary Treasurer Mr E Gillan

The officers are elected at the AGM to serve for a period of one year.

Principal Address

27 Mill End Kenilworth CV8 2HP

KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955

Report of the Officers for the year ended 31 March 2024

The officers present their report and the financial statements for the year ended 31 March 2024.

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 £126,000. 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 £21,000 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 2024 and signed on their behalf by:

(Chairman and Trustee)

(Honorary Treasurer and Trustee)

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 2024, 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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
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

KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955

Statement of Financial Activities For the Year Ended 31 March 2024

INCOMING RESOURCES Income and endowments from - Donations and legacies - Charitable activities - Investments Total Incoming Resources EXPENDITURE ON Raising funds - Charitable activities - Governance costs Total Resources Expended Net movement in funds Fund balances brought forward Fund balances carried forward	Unrestricted and Designated Funds £ 650 - - 650 - 852 (618) (234) 416 1,654 2,070	Restricted Funds £ 161 126,584 1,513 128,258 137,001 - - 137,001 (8,743) 80,093 71,350	Total Funds 2024 2023 £ £ 811 1,573 126,584 120,862 1,513 632 128,908 123,067 137,001 100,069 852 1,019 (618) (141) 137,235 100,947 (8,327) 22,120 81,747 59,627 73,420 81,747	Total Funds 2024 2023 £ £ 811 1,573 126,584 120,862 1,513 632 128,908 123,067 137,001 100,069 852 1,019 (618) (141) 137,235 100,947 (8,327) 22,120 81,747 59,627 73,420 81,747
				123,067
				100,069 1,019 (141)
				100,947
				22,120 59,627
				81,747

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	2024 £ £ 76,720 - 76,720 3,300 73,420 73,420 2,070 71,350 73,420	2024 £ £ 76,720 - 76,720 3,300 73,420 73,420 2,070 71,350 73,420	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
		73,420		81,747
		2,070 71,350		1,654 80,093
		73,420		81,747

Approved by the officers on 2024 and signed on their behalf by:

E Gillan (Honorary Treasurer and Trustee)

A Blewitt (Chairman and Trustee)

KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955

Notes forming part of the financial statements for the Year Ended 31 March 2024

1. Accounting policies

(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.
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 £.
(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.
(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.
(d) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
(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.
(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.
(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.
(h) Cash and cash equivalents include cash in hand and deposits held at bank.

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 Chairman’s Honourarium Sundry Bank charges (Deficit)/ Surplus carried forward Surplus/ (Deficit) on Events Ladies’ Night Presidents Night Hi Tiddle Fellowship events NET SURPLUS (DEFICIT) FOR THE YEAR Balance brought forward Balance carried forward	2024 £ 650 - 650 560 120 100 - 72 852 (202) - - 618 - 618 416 1,654 2,070	2023 £ 650 350
		1,000 595 160 192 - 72
		1,019
		(19)
		- 141 - -
		141
		122 1,532
		1,654

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	2024 £ 116,700 9,884 161 126,745 71,720 1,312 73,032 53,713 1,513 55,226 54,553 5,920 810 633 72 132 1,849 63,969 (8,743) 80,093 71.350	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

KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955

4. Schedule of Charitable Donations

Kenilworth School – Sound Booth Kenilworth Centre – Radio Abbey Equipment Kenilworth Scouts – AV Equipment St John’s Church – Tools with a Mission Young Carers Kenilworth Centre – Radio Abbey Kenilworth Sports & Social Club – Bowls Section Shakespeare Hospice – Hospice at Home Kenilworth Sports & Social Club – Defibrillator Cancer Research Concert Leek Wootton FC – Under 16 Spring Playgroup Clinic Picnic Table Kenilworth Town – Junior Football Tribe Sky Blues in the Community 5TA Kenilworth Scout Group – CAT Trip Scout Group – Norwegian Trip Poppy Appeal	25,000.00 4,000.00 4,000.00 3,443.00 3,213.00 3,000.00 2,650.00 2,000.00 1,300.00 1,000.00 1,000.00 1,000.00 690.00 600.00 500.00 500.00 430.00 200.00 27.50
	54,553.50

Kenilworth School – Sound Booth
Kenilworth Centre – Radio Abbey Equipment
Kenilworth Scouts – AV Equipment
St John’s Church – Tools with a Mission
Young Carers
Kenilworth Centre – Radio Abbey
Kenilworth Sports & Social Club – Bowls Section
Shakespeare Hospice – Hospice at Home
Kenilworth Sports & Social Club – Defibrillator
Cancer Research Concert
Leek Wootton FC – Under 16
Spring Playgroup
Clinic Picnic Table
Kenilworth Town – Junior Football
Tribe
Sky Blues in the Community
5TA Kenilworth Scout Group – CAT Trip
Scout Group – Norwegian Trip
Poppy Appeal

25,000.00
4,000.00
4,000.00
3,443.00
3,213.00
3,000.00
2,650.00
2,000.00
1,300.00
1,000.00
1,000.00
1,000.00
690.00
600.00
500.00
500.00
430.00
200.00
27.50

54,553.50

5. Staff costs and number

There were no employees of the charity in the year and no trustee received any remuneration for their services.

KENILWORTH ROUND TABLE – NUMBER 820 REGISTERED CHARITY NUMBER 1044955

6. Cash at Bank and in Hand

2024 2023 £ £ £ General Fund Current account 5,370 3,630 5,370 Charity Fund PayPal 30 30 Current account Coventry Building Society Unity Deposit Account 29,083 41,994 243 71,350 13,407 66,419 237 76,720 7. Creditors: amounts falling due within one year 2024 £ Outstanding pledges - Other creditors and accruals 3,300 3,300 8. Movements in funds At 1 April 2023 Incoming Resources Outgoing Resources Transfers £ £ £ £ Restricted fund 80,093 128,258 137,001 - Unrestricted fund 1,654 650 234 - Total funds 81,747 128,908 137,235 -	2024 2023 £ £ £ General Fund Current account 5,370 3,630 5,370 Charity Fund PayPal 30 30 Current account Coventry Building Society Unity Deposit Account 29,083 41,994 243 71,350 13,407 66,419 237 76,720 7. Creditors: amounts falling due within one year 2024 £ Outstanding pledges - Other creditors and accruals 3,300 3,300 8. Movements in funds At 1 April 2023 Incoming Resources Outgoing Resources Transfers £ £ £ £ Restricted fund 80,093 128,258 137,001 - Unrestricted fund 1,654 650 234 - Total funds 81,747 128,908 137,235 -	£ 3,630 80,093 83,723 2023 £ - 1,976 1,976 At 31 March 2024 £ 71,350 2,070


Outstanding pledges Other creditors and accruals 8. Movements in funds Restricted fund Unrestricted fund Total funds	At 1 April 2023 £ 80,093 1,654 81,747


		73,420

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.

10. There were no related party transactions