## **THE ROTARY CLUB OF LOUTH** 

## **BENEVOLENT FUND** 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 30[th] JUNE 2023** 

The Trustees present their report and accounts for the year ended 30[th] June 2023. 

## **Reference and Administrative Details** 

Registered Charity Number 1049799 Trustees B G Wood Mrs. K L Lewis M W Pheasant Address 8 Waterside LOUTH   LN11 0US 

## **Structure, Governance and Management** 

Governing Document Trust Deed dated 20[th] March 1995 Constitution A Trust created by members of the Rotary Club of Louth Appointment of Trustees The trustees are the President, Secretary and Treasurer for the time being of the Club 

## **Objectives and Activities** 

The Capital and Income of the Benevolent Fund is to be applied for the relief of the poor and needy or such other charitable purpose as the Club shall in duly constituted meeting from time to time direct.  The main activity is to raise funds which are applied for charitable purposes towards local and Rotary Charities. 

## **Achievements and Performance** 

During the year the Club raised a total of £29,503 including £4,780 restricted for the use of Rotary Foundation charitable fund.  Costs of £5,222 were incurred including £986 in respect of the restricted fund raising.   Donations of £21,585 including £3,500 to the Rotary Foundation were made.  In addition to our usual fund-raising events, this year saw the inaugural Lincolnshire Wolds Vintage Hill Climb and this was the main income of the year.  In addition to the donation to Rotary Foundation, the other donations are listed in the accounts. 

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The Trustees have reviewed the Public Benefit Guidance issued by the Charity Commission and confirm that they have complied therewith in exercising their powers and duties during the year. 

## **Financial Review – Reserves** 

The Trustees’ policy regarding reserves is to retain unallocated general funds of at least £2,000 to meet ongoing commitments and any emergency donation requests. 

On 30[th] June 2023 unallocated General Funds of £9,556 were held.   In addition. Funds relating to ongoing projects or allocated but not made i.e. Designated totalling £880 were held.  Also, £134 remained in the Restricted Foundation Fund. 

On behalf of the Trustees 


M W Pheasant  Trustee 

22[nd] November 2023 

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THE ROTARY CLUB LQLfTH
bM.12
1S417

IIOTAAY CLU# OF L(xmi
BEIIEVOLEiifFiWD
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3.7C•&)
4.LN243
3J5 1•
871.
oC•mYr￿nhTQ*
SJt.40
451.4D
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29.9)348
TOTAL PA￿TrIr$
26107

THE ROTARY CLUB OF LOUTH
BENEVOLEF￿ FUND
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 30th JUNE 2023
2023
Irw WW of Lr
200.￿)
Communty Lwd•r •t Tmty Cerrtrn
EOAN L
2,￿.c¢)
410
2,192
21070
16.
67.49
595.tK)
2W.C
180.
25.
495 CIJ
1.OtKJ
1.OW.¢Y)
250 1)J
250.C#J
250.fX)
250
Support for Ukr8nian Refug*8
Cancer Re808rth UK
lagna VitsB {Oamentk4 •x W•l(I
tkn8nb8 AKgn¢elStaHI
Archer Ward at Hrwlal
Cxslncl tIs8t48d G8mo*
Grainlhorw & Coniahoknè Villtha• fvWI
ncolnshire Young Carers
Christn)88 Tfft Festrd trK St JThs
¢hriBlmA• Trn• Festwl S¢lKK
Louisa Dthnson Cb¥ty
Louth & R•teuv Doll T
Ark Ra8¢￿ Centre
rynmuntyConn•c
Bund￿$ ol Joy (Baby B*)kl
Wlhoust (Louth ￿￿thrIll￿t Chwthl
Tnjst
250 C•J
250 fy)
250.(K)
250.Tr)
hry Cwern F4¥t
2S).th)
Lincs
ShherBox Tw
Aqu•8ox Try•t
L•nd wlh Care
Toial Oonation
1.180.ry)
2.3ce
250
17214.19
of Fund Il*bBlnll E¥wl• Pr•J•¢
Lottery Lwc?
Memory w￿kS
ChTr8lm88 Martat T￿￿*41
ChnitrnE• Trea Colh¢b
GORYTE
&JmUp T￿
20.
124 40
230C
1c￿ Tr)
3.485 76
16.25
21.390.20
Po¥taae

INDEPENDENT EXAMINER'S REP(JRT TO THE TRusfEES ON THE
ACCOUNTS OF
THE ROTARY CLUB OF LOUTH BENEVoLE￿r FUND
lidepelldent Examlmer's report to the trustees of The Rotsry Clwb of IA)•th
BeneVol￿t Fumd
I report 10 the tTUStees on my examination of the ac￿Unts of the Rotary Club of Louth
Benevolent Fund (the Tru￿) for the ycar ended 30 June 2023.
Responsibilities *Dd basis of report
As the eharity trustees of the Trust you are respinsible for the preparation of the
accounts in accordance with the requirements ofthc Charitics Acl 2011 ('thc Act.).
I rew)rt in respect of my ekqmination of ihe Trust's ￿unIS carried oul under se￿10Th
145 of Ihe 2011 Act and in carrying out my examination I have followed all the
applicable Directions given by th¢ Charity Commission under section 145(5Xb) of the
Act.
lodepende•t examiner's statement
I have ￿Mpleted my examination. I confinn that no material matters have come to
my attention in connection with the examinwion givin8 me cause to believe that in
any material respect:
l. accounting rewrds were not kq)t in res￿ of the T￿￿ as required by section 130
of the Act; or
2. the a¢￿)Unts do not accord with those records.
I have no concerns and have com¢ ￿TOsS no odKr matters in conn¢ction with th¢
examination to which attention should be drnwn in this reFM)rt in order to enable a
proper understsnding of the acc4)unts to be reached.
Signed:
PJ.Rolkn& F.C.A.
Cleethor
North East LinLX)Inshire
22•d November 2023
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