The Rotary Club of Tamworth Trust Fund Account
Report and Statements of Accounts For Year Ended 30th June 2021
Rotary Club Number 19106
Charity Number 1060262
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The Rotary Club Trust Fund
Report and Statement of Accounts for the Year Ended 30th June 2020
Chairman Rtn. Richard Wood, President of The Rotary Club of Tamworth.
Secretary Rtn. Michelle Rowberry, Secretary of The Rotary Club of Tamworth.
Treasurer Rtn. Lisa Pegg, Treasurer of The Rotary Club of Tamworth.
Trustees
Ex-Officio Rtn. Richard Wood Rtn. Michelle Rowbury Rtn. Lisa Pegg
Charity Registration Number 1060262 Registered Rotary Club Number 19106 Rotary District Number 1060
Bankers: Lloyds Bank, George Street, Tamworth. Contact Name and Address
Mrs. L.M.Pegg, 48 Hawksworth, Tamworth B77 2HH.
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The Rotary Club of Tamworth Trust Fund
Report of The Trustees for The Year Ended 30th June 2020.
Description of The Charity’s Trust
Type of Governing Document Trust Deed made on 2[nd] December 1996.
How is the Charity Constituted An Association of 18 members.
Trustee selection methods
The trustees are officers of the Rotary Club of Tamworth i.e. the President, Secretary and Treasurer who are appointed annually.
Object of the Charity
To apply both capital and income thereof to or for the relief of the needy or such other charitable purpose as the Club shall, in a duly constituted meeting, from time to time direct.
Statement of Reserves Policy
The Charity has a cash in the bank totalling £24242.31 The trust has provided £13,000.00 for distribution during 2021/2022.
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Summary of the main activities, achievements and performance.
Assistance has been provided at local, national and international level to many organisations by providing help and guidance. Over £22,000.00 has been donated to them. Within the amount, the members of the Rotary Club of Tamworth distributed £12,000.00 of the budget provided for the year 2020/21 and I thank them for their service in enabling this to be done.
Our Rotary Christmas Sleigh was well supported by the residents of the Tamworth district. The project raised £20,738.50, of which £8359.00 was distributed to the collecting organisations. I thank everyone who assisted in making it such a success, coming out in all-weather to help.
We also supported of our neighbouring Clubs with their Christmas toy box appeal and the Tamworth Light Festival totalling £1250.00
This year we were unable to hold our annual Cathedral to Castle run due to COVID restrictions but hope to next year.
Internationally as a club we have donated £1050.00 to the Rotary Foundation to help end polio and provided oxygen tanks to be used in India.
We supported the community with the inspire foundation, helping young people achieve their goals and creating chemotherapy packs. We distributed PPE to local care homes to be used by staff caring for our elderly and vulnerable and our local food bank.
On behalf of the Trustees and members of The Rotary Club of Tamworth, I would like to thank all those who have enabled us to obtain these excellent results.
Rtn. Lisa Pegg
Treasurer
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The Rotary Club of Tamworth Trust Fund
Summary of Receipts and Payments for the Year Ended 30th June 2021.
2020/21 2019/20 Total Receipts for the Year 25,438 48559 Total Payments for the Year 26,440 55576 -1002 -7017 Bank and Investments Balance to begin the Year 25248 32265 Bank and Investment Balance to end the Year £23,442 £25248 ________
Notes to the Accounts
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Accounting policy – these accounts have been prepared under the historical cost convention.
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The Fund has no fixed assets.
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The Fund does not have any employees.
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The Trust and Independent Examiners do not receive fees.
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These accounts were approved by the Trustees on 16th June 2021 and signed on their behalf by:-
Richard Wood
Chairman.
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The Rotary Club of Tamworth Trust Fund
Statement of Receipts and Payments for Year Ended 30th June 2021
2020 Receipts 2021 2020 PAYMENTS 2021
£ £ £ £
2085.01 GIFT AID 0.00 5739.31 SLEIGH EXPENSES 3067.75
31535.89 XMAS SLEIGH DRAYTON MANOR 0.00 16379.41 SLEIGH DISTRIBUTION TO COLLECTORS 8359.00
1008.16 XMAS SLEIGH DIRECT TO BANK 20738.50 12232.64 BUDGETED & PROVISIONAL PAYMENTS 12000.00
45.21 C.O.I.F. INTEREST RECEIVED 0.00 20.00 LOTTERY LICENCE 0.00
0.00 STRIPE PAYMENT 407.09 1119.40 DISTRICT 1060 CHARITABLE SUM PAID 226.24
7663.81 WITHDRAWAL FROM COIF 0.00 1750.00 OTHER DONATIONS 2224.94
1926.00 OTHER DONATIONS 1000.00 8976.38 MISCELLANEOUS 0.00
44.66 MISCELLANEOUS 2846.11 1000.00 INDIA PROJECT 0.00
0.00 RETURNED PAYMENT 448.98 920.45 TRANSFER TO TAMWORTH ROTARY CLUB 0.00
4000.00 CATHEDRAL TO CASTLE RUN 0.00 773.89 INSPIRE FOUNDATION 0.00
300.00 TRANSFER FROM TAMWORTH ROTARY CLUB 0.00 0.00 ROTARY SLEIGH COLLECTION DAYS 591.11
1876.00 RESTRICTED DONATIONS 0.00 0.00 ADJUSTMENT FOR SLEIGH PAYMENT 225.00
7663.81 C.O.I.F. WITHDRAWAL 0.00 0.00 C.O.I.F. DEPOSIT 0.00
48558.74 TOTAL RECEIPTS 25438.53 47911.48 TOTAL PAYMENTS 26444.60
0.00 C.O.I.F. DEPOSITS 0.00 7663.81 C.O.I.F. WITHDRAWALS 0.00
7618.60 C.O.I.F. DEPOSITS TO BEGIN 0.00 0.00 C.O.I.F. DEPOSIT TO END 0.00
24646.33 LLOYDS BANK BALANCE TO BEGIN 25248.38 25248.38 LLOYDS BANK BALANCE TO END 24242.31
80823.67 50686.91 80823.67 50686.91
Funds Available £
COIF DEPOSIT ACCOUNT 0.00
LLOYDS BANK ACCOUNT 24242.31
OUTSTANDING CHEQUES -800.00
TOTAL FUNDS AVALIBLE AT THIS DATE 23442.31
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The Rotary Club of Tamworth Trust Fund Statement of Assets and Liabilities for Year Ended 30th June 2020.
Liabilities
£ p
Budget / Provision for the Year 2021/22 13,000.00
General Reserve 10,442.31
Restricted Provision 0.00
Total Liabilities £23,442.31
Assets
£ p
Bank Balance 23,442.31
C.O.I.F. Balance 0.00
Total Assets £23,442.31
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INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF THE
ROTARY CLUB OF TAMWORTH TRUST FUND
I report on the accounts of the Trust for the tear ended 15[th] June 2021, which are set out on the pages 5, 6 and 7.
The Charity’s Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (The Act) and that an Independent Examination is required.
It is my responsibility to examine the accounts (under section 43 of the Act) and to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act) and to state whether particular matters have come to my attention.
Basis of Independent Examiners Statement
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking any explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
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Independent Examiners Statement.
In the course of my examination, no matter has come to my attention
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Which gives me reasonable cause to believe that, in any material respect, the Trustee have not met the requirements to ensure that, proper accounting records are kept (in accordance with Section 41 of the Act) and accounts are prepared which agree with accounting records and comply with the accounting requirements of the Act; or
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr. G Barlow
9 Tilia Road Tamworth Tamworth
B77 3BE
Mr. M Pegg 48 Hawkworth
B77 2HH
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