Rotary Club of Tiverton Foundation Trust Fund Charity Number: 1052252
Annual Report from July 2024 to June 2025
Trustees during the period -
Kevin Finan, John Smith, Frank Rosamond, David John Mitchell
Trustees meet regularly through Rotary Club Meetings to consider and approve:-
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Means of raising income and applying for funding
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Projects to support and fund
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Budget management and Annual Accounts
Trustees are nominated and selected from existing members of the Tiverton Rotary Club. The Treasurer of the Tiverton Rotary Club also acts as a trustee and treasurer to the charity.
During the past year 2024/25 a major activity was a scheme to support primary school literacy within the Tiverton area. This accounted for income of £21,600 and expenditure of £17,200. Additional income was raised from a grant through Devon Community Foundation and a 50% contribution from the schools involved. The expenditure reflected the payment of consultants who delivered the extra learning to pupils who were identified as in need of support with their literacy.
Other fund raising included a Community Fun Day, a Christmas Grotto, a Quiz, street collections, member donations and other activities totalling £24,000. After direct costs the proceeds were distributed to a variety of local, national and international charities, including -
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Shelterbox
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Kira Farm
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Rotary International (incl. Polio eradication)
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Uplift Devon
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Hospiscare
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Devon Air Ambulance
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Wilcombe School (computers)
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Libraries Unlimited
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A number of smaller donations
Our objectives for the year were achieved, in that funds raised through the activities of the Rotary Club have been applied to enhance the local, national and international community in furtherance of our wider Rotary aims.
The fund holds reserves sufficient to meet cash flow requirements, and contingency funds for winding down schemes should grant support not be forthcoming and for commitments made to other charitable organisations.
The charity does not hold any funds as a custodian trustee and has no debts.
Rotary Club of Tiverton Foundation Trust Fund - 2024/25
Charity no 1052252 of Tiverton
| Income | Expenditure | Net | ||
|---|---|---|---|---|
| £ | £ |
£ | £ | |
| Brought Forward | 14,573.62 | |||
| LiteracyProject | 21,604.50 | 17,201.25 | 4,403.25 | |
| WishingWell | 97.48 | 97.48 | ||
| Trans to Club A/c | 185.00 | -185.00 | ||
| Members | 5,839.85 | 5,839.85 | ||
| Fun Day | 7,692.86 | 3,483.33 | 4,209.53 | |
| Quiz | 618.06 | 100.00 | 518.06 | |
| DogShow | 717.85 | 165.50 | 552.35 | |
| Devon Air Ambulance | 0.00 | 250.00 | -250.00 | |
| Polio | 490.98 | 0.00 | 490.98 | |
| Gro�o | 1,839.81 | 1,324.16 | 515.65 | |
| Fireworks collect | 308.38 | 308.38 | ||
| Xmas Street Collect | 933.63 | 933.63 | ||
| Gi� Aid | 3,668.00 | 3,668.00 | ||
| District Grant re Upli� | 1,500.00 | 1,500.00 | ||
| Small Dona�ons – see table→ | 2,796.70 | -2,796.70 | ||
| UnsungHeros | 150.00 | -150.00 | ||
| Les Quiz exps | 200.00 | -200.00 | ||
| Upli� | 4,126.73 | -4,126.73 | ||
| RIBI | 750.00 | -750.00 | ||
| Hospiscare | 2,100.00 | -2,100.00 | ||
| Wilcombe School Computers | 1,405.00 | -1,405.00 | ||
| Libraries Unlimited | 260.00 | 1,072.50 | -812.50 | |
| Kira Farm | ||||
| Garage Rent | 520.00 | -520.00 | ||
| Shelterbox | 0.00 | 2,100.00 | -2,100.00 | |
| Totals | 45,571.40 | 37,930.17 | 7,641.23 | |
| Carried Forward | 22,214.85 |
| Small Dona�ons | |
|---|---|
| £ | |
| Marys Meals Dona�on | 100.00 |
| Cancer Research dona�on | 100.00 |
| The Mare and Foal Sanctuary | 100.00 |
| TAOS Corp Membership | 100.00 |
| DCC re THS Appren�ce Challenge | 50.00 |
| THS shield + book | 55.50 |
| Royal Devon Hospital Trust Charity | 250.00 |
| Childrens Hospice SW | 250.00 |
| Literacy Comp prizes | 30.00 |
| Exmoor Search & Rescue | 400.00 |
| Tiverton Museum | 150.00 |
| Royal Marines Ass | 100.00 |
| Sustainable Communi�es | 100.00 |
| 3rd Tiverton Girl Guides | 200.00 |
| Wilcombe School Plaque | 55.20 |
| Bounce Brighter Future | 756.00 |
| 2,796.70 |
Note:
Commitment of balances carried forward
| LiteracyProject | 7,200.00 | |
|---|---|---|
| Upli� | 4,248.27 | |
| Fun Day | 2,000.00 | |
| Gro�o | 1,000.00 | |
| Shelterbox | 1,000.00 | |
| Polio | 1,000.00 | |
| Kira Farm | 500.00 | |
| Cash Flow | 5,000.00 | |
| 21,948.27 |
Accounts prepared by Treasurer, Kevin Finan, August 2025
Independently inspected by John Anderson BA CPFA November 2025 Approved by the Trustees November 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROTARY CLUB of TIVERTON FOUNDATION TRUST FUND
I report on the accounts of the charity for the year ended 30 June 2025.
Respec�ve responsibili�es of trustees and examiner
The charity’s trustees are responsible for the prepara�on of the accounts. The charity’s trustees consider that an audit is not required for this year under sec�on 144(2) of the Chari�es Act 2011 (the 2011 Act) and that an independent examina�on is needed.
It is my responsibility to:
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examine the accounts under sec�on 145 of the 2011 Act;
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follow the procedures laid down in the general Direc�ons given by the Charity Commission under sec�on 145(5)(b) of the 2011 Act; and
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state whether par�cular ma�ers have come to my a�en�on.
Basis of independent examiner's report
My examina�on was carried out in accordance with the general Direc�ons given by the Charity Commission. An examina�on includes a review of the accoun�ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera�on of any unusual items or disclosures in the accounts, and seeking explana�ons from you as trustees concerning any such ma�ers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those ma�ers set out in the statement below.
Independent examiner's statement
In connec�on with my examina�on, no ma�er has come to my a�en�on:
- which gives me reasonable cause to believe that, in any material respect, the requirements to keep accoun�ng records in accordance with sec�on 130 of the 2011 Act; and
to prepare accounts which accord with the accoun�ng records and comply with the accoun�ng requirements of the 2011 Act have not been met; or
- to which, in my opinion, a�en�on should be drawn in order to enable a proper understanding of the accounts to be reached.
John Anderson BA CPFA November 2025
Meadowside High Street Halberton Tiverton EX16 7AG