Winchester Round Table Charitable Trust Fund
Report and Financial Statements for the Year Ended 31 December 2024
Charity Number 1046348
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
The Trustees present their report and independently examined financial statements for the year ended 31 December 2024.
Aims and Objectives of the Charity
The Winchester Round Table Charitable Trust Fund is governed by the trustees to raise funds from local charitable fund-raising activities, to carry out community service projects and to donate any funds raised to local charitable causes in Winchester and the surrounding communities. The Charity is linked to the Round Table organisation, a non-political, non-sectarian association open to men between the ages of 18 and 45 from any profession or trade.
The objects of the association are the encouragement of high ethical standards in commercial life, the promotion of fellowship amongst young professionals and businessmen, and to empower each individual to make a positive impact at home, at work and in his community. The Aims & Objects of the organisation are as follows;
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To develop the acquaintance of young men through the medium of their various occupations.
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To emphasise the fact that one's calling offers an excellent medium of service to the community.
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To cultivate the highest ideals in business, professional and civic traditions.
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To recognise the worthiness of all legitimate occupations and dignify each his own, by precept and example.
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To further the establishment of peace and goodwill in international relationships.
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To further these objects by meetings, lectures, discussions and other activities.
All support from the Round Table to the Winchester Round Table Charitable Trust Fund is entirely voluntary.
Achievements and Activities of the Charity
In the year, the Charity ran its 66[th] annual Bonfire and Fireworks event for the community of Winchester and its surrounding areas which is the major annual contributor to the funds raised by the Charity.
The Charity also ran its 10[th] annual Santa Sleigh programme, inviting local charities to work with the Round Table to drive Santa around Winchester, bringing a smile to many faces and raising money for those in need in the local community.
The Charity ran its 3[rd] annual Peddle, Paddle, Pace event, inviting people to complete a triathlon around Winchester. Encouraging people of all abilities to get activity, while raising funds for their own charities as well as the local community.
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
In the year, the Charity donated £39,156.43 to registered charities and organisations in need in the local community. £33,055.00 was given to Charities and organizations that volunteered for our fundraising events.
Balance Sheet
| As At: | 31-Dec-24 | ||
|---|---|---|---|
| £ | Note | ||
| Fixed Assets | |||
| Intangible Assets | - | ||
| Tangible Assets | - | ||
| Investments | - | ||
| Total Fixed Assets | - | ||
| CURRENT ASSETS | |||
| Stocks | - | ||
| Debtors | 5,350 | 1 | |
| Investments | - | ||
| Cash at Bank and in Hand | 174,126 | ||
| Total Current Assets | 179,476 | ||
| Accruals | - | ||
| Creditors: Amounts falling due within one year | - | ||
| Total Assets less Current Liabilities | 179,476 | ||
| Creditors: Amounts falling due after one year | - | ||
| TOTAL Net Assets and Liabilities | 179,476 | ||
| RECONCILIATION OF FUNDS | |||
| Charity reserves brought forward | 179,476 | ||
| Net movement in funds for the year | 4,568 | ||
| TOTAL FUNDS carried forward | 184,044 | ||
| Notes |
- Belgarum (2500), Winchester Bar Services (500), Blades Bikes (100), Citygate Mortgages (1000), ACT Property (750), Cala Homes (500)
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
Statement of Financial Activities
| From: | 01-Jan-24 | ||
|---|---|---|---|
| To: | 31-Dec-24 | ||
| £ | Note | ||
| INCOME | |||
| Income and Endowments from: | |||
| Charitable Activities | 246,922 | 2 | |
| Other Income | - | ||
| Total Income | 246,922 | ||
| EXPENDITURE | |||
| Expenditure on: | |||
| Raising Funds | 193,203 | 3 | |
| Charitable Activities | 49,151 | 4 | |
| Total Expenditure | 242,354 | ||
| Net income/(expenditure) before tax for the reporting period | 4,568 | ||
| Taxpayable | - | ||
| Net income/(expenditure) after tax before investment gains/(losses) | 4,568 | ||
| Net gains/(losses) on investments | - | ||
| Extraordinary items | - | ||
| Transfers between funds | - | ||
| Gains and losses on revaluation of fixed assets for the charity’s own use | - | ||
| Other gains/(losses) | - | ||
| NET MOVEMENT IN FUNDS | 4,568 | ||
| Notes |
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Funds are not restricted
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Includes donations made to charities who volunteered for aiding in events
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Includes donations to charity
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
Financial Review
The trustees of the Charity have requested that the Charity holds a minimum of £60,000 in cash reserves to cover the risks of running the annual Winchester bonfire and fireworks event and ensures that the charity continues to be a going concern. The Charity raises the majority of its funds in November and December and holds reserves to donate throughout the year.
The charity has spent the year focusing on events and raising charity funds for the community.
Given improved health of cash reserves over the previous years we have been able to continue increasing the level of donations over the previous year. We were able to increase our main reserves by 20% during the same period.
The primary reason for the improved health is the continued success of the in-person bonfire event, which was close to a sell out this year. The event continues to grow, both from a cost perspective, as well as profitability. It is clear events are now clear of any Covid drag that was impacting attendance. It was further aided this year due to the excellent weather conditions which led to a large volume of late ticket sales, which increased the income of the event and reduced potential repair costs.
In addition, the Charity carried out its successful Santa Sleigh event to date. Allowing an increase in the amount of funds given to supporting charities as well as retaining funds to support the operation of the Sleigh for several years.
The Charity was also able to start significant investment in its next-generation sleigh project. This will require continued investment in 2025 to complete the project. A decision around the existing Sleigh, which is a significant asset of the charity will also need to take place
The Pedal, Paddle, Pace event was a profitable event. Though this was reduced from previous years. We put this down to poor weather on the day itself reducing late signups. The event is starting to require capital expenditure due to the age of the equipment. Therefore plans around retaining funds raised to be able to fund the purchase on new items, must become part of the plans for the event
The charity has maintained sufficient financial reserves to remain a going concern and remains actively involved in supporting the local community.
Charity Trustees
| Charity Trustees | |
|---|---|
| Name | Office |
| Mr Alexander Reeves | Chairman |
| Mr Alex Butcher | Treasurer |
| Mr Stephen Cross | Secretary |
| Mr Tom Dierckx | Legacy |
| Mr Jonathan Rees | Legacy |
Declarations
The Charity has taken advantage of the small charities exemption in preparing the report above.
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
The trustees declare that they have approved the above report.
Mr Alex Butcher Treasurer 23 October 2024 Independent examiner's report on the accounts
Report to the Trustees of the Winchester Round Table Charitable Trust Fund
On accounts for the year ended 31 December 2024
Charity No. 1046348
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that:
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●accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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●the accounts do not accord with such records; or
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●the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
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●The accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
William Alexander AAT
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN
31 October 2025
Winchester Round Table Charitable Trust Fund, Registered Charity No. 1046348 Registered Address The IncuHive Space, Hursley Park Rd, Hursley, Winchester SO21 2JN