Charlty number 1047526 Taunton Round Table Charitable Trust Fund Trustees. rewrt and financial statements fof the year ended 31 March 2024 Taunton Ar￿nd Table Charllable Tntst Fund Legal and administrative information Report of the Trustees Independent Examinerfs report Statement of Financial Attivities Balance Sheet Notes to the financial 5tstements Taunton R¢wnd Table Charitable Tntst Fund Legal and administrative inforniation Legal information Taunton Round Table Charitable Trust Fund 1.the Charl￿) is a registered charity (charity number 10475261. The Charity is governed by the Trust Deed dated 16 June 1995. In accordance with the Taunton Round Table's rules all the Trustees retire at the Annual General Meeting and new Trustees will be appointed for the forthcoming year. Objects The charitable objects of the Charity are to pay or apply income raised for such charitable purpose or purposes according to the laws of England and Wales in the United Kingdom, and to, or for the benefit. of such, one or more charitable bodies, trusts, association5, institutions or organisations established for charitoble purposes as aforesaid, and in such shares and in such manner as the club in ordinary meeting shall in its absolute discretion determine or selert. Trustees Harley Brown Iresigned 7 January 20251 Gareth Buckley (appointed 7 January 20251 Ritchie Cridge (appointed 7 January 20251 Robin Clempson lapF)ointed 7 January 20251 Philip West Ben Hingley {fesigned 7 January 20251 Principal address 5 Gloucester Court Gloucester Street Taunton TAI ITF Independent Examiner Jonathan Rats clo Collar Fattory Taunton Somerset TAI IQN Bankers CAF Bank Page I Taunton Round T•ble Charltable Trt￿t Fund Report of the TNstees The trustees present herewlth thelr report and the flnanclal statements of the Charity for the year to 31 March 2024. Re¥l•w of •rtlvltles During the year the Charity ralsed an amount of £29.315 net of fundraising costs12023 - £20,502). These funds were utilised to make donations of £14,390 {2023 £13.3401 and to fund £6,397 of projects for our community12023- £4.7051. This ￿ar a surplus of £8.096 has been made12023- a surplus of £2.3821. after bank charges and bank interest received. The carried forward reserves have increased to £27.613 at 31 March 2024. from £19.517 at 31 March 2023. In planning the donations for the year the trustees gave regard to the Charity Commission's guidance on public benefit. During the yearto 31 March 2024 the donations made by the charity have benefited wide section of the public by providing organisations Wlth vital fundin8 Wlth which to further their own charitable artivities. Reserves policy The aim of the Charity is to expend funds raised in line with its objects and therefore the level of reserves held should be minimal and dependent on the timing of the charitable expenditure. On behalf of the trustees Philip Trustee est Ritchie Crid8e Trustee Page 2 T•unlon ftound T•bl• Ch•rft•bl• TnNt Fund Ind•p•nd•nt Ix•mln•ei f•POrt Inthp•nd•nt w•mln•e• w•port to lh• Tiuit•w ol Taunton Round T•bl• Charltable Tn￿t Fund I r*port on lh• fina￿141 sl•l•m•nis ol th• Trust lor the year ended 31 March 2024 whlch are set out p•••$ 4 10 1. A•WrtI￿ v•sPo￿lb1II1I•s of tfuJt••s •Trd •xamlner The Ch•rity's trustees are responslble for the preparatlon of the flnancial statements. The Charit(s trustees consider that an audit is not fequlred for this year under section 43121 of the Charities Act 199J (the 1993 Act) and that an Independent examination is needed. 11 15 my responsibility to: examine the financial statement5 under section 43 of the 1993 Act l. to follow the procedures laid down in the General Direttions given by the Charity Commissioner under sertion 4317llbl of the 1993 Act. and J. to state whether particular matters have come to my attention. l•sls ￿ Independent examinerfs report My examination was carried out in accordance wtth the General Directions given by the Charity Commissioner. An examinotion includes a review of the accounting records kept by the Charity and a parison of the financial statements presented with those records. It also includes consideration of any unusual Items or disclosures in the financial statements. and the seeking of explanations from you as trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit and. consequently. no opinion is given as to whether the financial statements present a'true and fair Vie￿ and the report is limited to those matters set out in the statement below. I￿Penkn examinees Statement In tonnection with my examination. no matter has come to my attention- which gives me reasonoble cause to believe that, in any material respert. the requirements- to keep accounting records in accordance with section 41 of the 1993 Art. and to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met. or I to which. in my opinion. attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Jonathan Rata Pa8e 3 Tauntm Round Table Charftable Trust Fund Statement of Fln•ndal Actlvltles for the year ended 31 March 2024 Note 2024 Unrestrlcted 2023 Unrestrirted Income from: Incomln8 resources from generated fvnds Donations Charitable activities: Speaker evening Golf day Carol float Longleat Swimathon 34.227 2.810 1.614 1.324 8.941 34.599 2.198 1.368 1.422 48.916 39.587 Investments.. Interest received Total incominz resources 217 50.020 79 39,756 Expenditure on: Raising funds Fundraising costs: Speaker evening Swimathon Other events 18.656 97 1,952 16,982 2.272 20.705 19.254 Charitable artivities Donations: Taunton East Development Trust PromiseWORKS Small grants & individuals 11.567 13,340 2.823 14.3 13,340 Projects funded- Longleat Other fundraising costs 8ank charges 6.397 432 4,705 73 Total resources expended 41,924 37,372 Net movement in funds Total funds brought forward Totsl fvnds carried forward 8,096 19,517 27,613 2,382 17,135 19,517 Page 4 Taunton Round Table c￿lItable Trust Fund Balance Sheet As al 31 March 2024 Note 2024 2023 Current assets Debtors Cash at bank 3W 27.542 27.842 256 19.261 19.517 Creditors: amounts falling due within one year Net assets 229 27.613 19,517 Represented by: Funds ol the Charity Unrestricted funds 27.613 19.517 Approved by the Board of Trustees on .. ........ . and signed on rts behalf bv: Philip We Trustee Ritchie Cridge Trustee Page 5 Taunton Round Table Charftable T￿￿t Fund Notes to the flnandal statements for the year ended 31 March 2024 l. 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