**REGISTERED CHARITY NUMBER: 1056894** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2023 for Cheltenham Round Table Charitable Trust Francis & Co Second Floor 123 Promenade Cheltenham Gloucestershire GL50 1NW Cheltenham Round Table Charitable Trust ## Contents of the Financial Statements for the Year Ended 31 March 2023 |||Page|| |---|---|---|---| |Report of the Trustees|1|to|2| |Independent Examiner's Report||3|| |Statement of Financial Activities||4|| |Balance Sheet||5|| |Notes to the Financial Statements|6|to|8| |Detailed Statement of Financial Activities||9|| Cheltenham Round Table Charitable Trust ## Report of the Trustees for the Year Ended 31 March 2023 The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1056894 ## **Principal address** Second Floor 123 Promenade Cheltenham Gloucestershire GL50 1NW ## **Trustees** Mr S Leslie Mr D Barrett ## **Independent Examiner** Francis & Co Second Floor 123 Promenade Cheltenham Gloucestershire GL50 1NW ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 1 Cheltenham Round Table Charitable Trust ## Report of the Trustees for the Year Ended 31 March 2023 Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... Mr S Leslie - Trustee Page 2 Independent Examiner's Report to the Trustees of Cheltenham Round Table Charitable Trust ## **Independent examiner's report to the trustees of Cheltenham Round Table Charitable Trust** I report to the charity trustees on my examination of the accounts of Cheltenham Round Table Charitable Trust (the Trust) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** 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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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. Warren Francis Francis & Co Second Floor 123 Promenade Cheltenham Gloucestershire GL50 1NW Date: ............................................. Page 3 Cheltenham Round Table Charitable Trust ## Statement of Financial Activities for the Year Ended 31 March 2023 |31.3.23
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
2
101,204
**EXPENDITURE ON**
Raising funds
45,807
**Charitable activities**
Donations
31,960
**Total**
77,767
**NET INCOME**
23,437
**RECONCILIATION OF FUNDS**
Total funds brought forward
97,177
**TOTAL FUNDS CARRIED FORWARD**
120,614|31.3.22
Total
funds
£
113,201
35,864
29,471
65,335
47,866
49,311
97,177| |---|---| The notes form part of these financial statements Page 4 Cheltenham Round Table Charitable Trust ## Balance Sheet |31 March 2023
31.3.23
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Debtors
6
2,100
Cash at bank
126,674
128,774
**CREDITORS**
Amounts falling due within one year
7
(8,160)
**NET CURRENT ASSETS**
120,614
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
120,614
**NET ASSETS**
120,614
**FUNDS**
Unrestricted funds
120,614
**TOTAL FUNDS**
120,614|31.3.22
Total
funds
£
4,470
96,307
100,777
(3,600)
97,177
97,177
97,177
97,177
97,177| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Mr S Leslie - Trustee The notes form part of these financial statements Page 5 Cheltenham Round Table Charitable Trust for the Year Ended 31 March 2023 ## Notes to the Financial Statements ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |Fireworks income
Float income|31.3.23
£
94,338
6,866
101,204|31.3.22
£
106,963
6,238
113,201| |---|---|---| continued... Page 6 Cheltenham Round Table Charitable Trust Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **4. DONATIONS** Donations made during the year by Cheltenham Round Table Charitable Trust are as follows: |Aim Up|£1,500.00| |---|---| |Cancer Research UK|£250.00| |Cheltenham 41 Club|£2,000.00| |Cheltenham North Rotary Trust Account|£2,000.00| |Cheltenham Open Door|£1,500.00| |Cheltenham Saracens Football Section|£1,000.00| |Disasters Emergency Committee re Ukraine++|£2,250.00| |Fairview Education|£500.00| |Gloucester Feed the Hungry CIC|£1,750.00| |Gloucestershire Bundles|£1,600.00| |Gloucestershire Young Carers Project|£1,500.00| |Hollie Gazzard Trust|£1,500.00| |London Marathon|£800.00| |Midland air ambulance|£800.00| |Prostate Cancer UK|£1,000.00| |Ride London|£500.00| |Rotary Club of Cheltenham|£2,000.00| |Samaritans Cheltenham and District Friends|£2,100.00| |Scout for World Jamboree in South Korea|£500.00| |St Margaret's Hospice|£1,000.00| |Sue Ryder|£1,500.00| |The Armed Forces Equine Charity|£1,500.00| |The Pied Piper Trust|£1,500.00| |Total|£30,550.00| No member of Cheltenham Round Table directly or indirectly benefitted from donations made during the year. During the last six years, up to and including 31 March 2023, Cheltenham Round Table has donated £136,422 to charities and good causes within the local area. continued... Page 7 Cheltenham Round Table Charitable Trust Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **5. RESERVES** The trustees designate an amount of £45,000 (2022: £35,000) to ensure the expenses of the annual fireworks display are covered for the following year. ## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**6.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---| |||31.3.23|31.3.22| |||£|£| ||Other debtors|-|2,370| ||Prepayments and accrued income|2,100|2,100| |||2,100|4,470| |**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||Other creditors|31.3.23
£
8,160|31.3.22
£
3,600| ||||| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 8 Cheltenham Round Table Charitable Trust Detailed Statement of Financial Activities for the Year Ended 31 March 2023 **----- Start of picture text -----**
|||| |---|---|---| |31.3.23|31.3.22| |£|£| |INCOME AND ENDOWMENTS| |Other trading activities| |Fireworks income|94,338|106,963| |Float income|6,866|6,238| |101,204|113,201| |Total incoming resources|101,204|113,201| |EXPENDITURE| |Other trading activities| |Purchases|45,807|35,864| |Charitable activities| |Donations|30,550|28,200| |Support costs| |Other| |Rent|690|671| |Governance costs| |Accountancy and legal fees|720|600| |Total resources expended|77,767|65,335| |Net income|23,437|47,866| **----- End of picture text -----**
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