The Rotary Club of Tamworth Trust Fund Account
Report and Statements of Accounts For Year Ended 30th Jun 2022
Rotary Club Number 19106
Charity Number 1060262
The Rotary Club Trust Fund
Report and Statement of Accounts for the Year Ended 30th June 2022
Chairman Rtn Lisa Pegg, President of The Rotary Club of Tamworth.
Secretary Rtn. Michelle Rowberry, Secretary of The Rotary Club of Tamworth.
Treasurer Rtn. Michael Pegg, Treasurer of The Rotary Club of Tamworth.
Trustees
Ex-Officio Rtn. Lisa Pegg Rtn. Michelle Rowberry Rtn. Michael 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. M.D Pegg, 48 Hawksworth, Tamworth B77 2HH.
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The Rotary Club of Tamworth Trust Fund
Report of The Trustee for The Year Ended 30th June 2022.
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 16 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 totaling £27017.27. The trust has provided £13,000 for distribution during 2022/2023.
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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 £25,000 has been donated to them. Within the amount, the members of the Rotary Club of Tamworth distributed £13,000.00 of the budget provided for the year 2021/22 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 £27,848.17, of which £12,183.00 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, with help of our neighboring Clubs staged the Cathedral to Castle run for the 4[th] year and this has been a great success. Raising over £17,000, of which £5500 will be within the club and donated locally.
Internationally as a club we have donated to £2000 to sponsor a school in conjunction with Mary’s meals and £1000 to the Rotary Foundation.
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.
___Lisa Pegg______
Rtn. Lisa Pegg
Chairman
3
The Rotary Club of Tamworth Trust Fund
Summary of Receipts and Payments for the Year Ended 30th June 2022. 2021/22 2020/21 Total Receipts for the Year 36989 25,438 Total Payments for the Year 34214 26,440 2775 -1002 Bank and Investments Balance to begin the Year 24242 25248 Bank and Investment Balance to end the Year £27017 £23,442
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.
These accounts were approved by the Trustees on ______ July 2022 and signed on their behalf by:-
___Michael Pegg_
Michael Pegg Treasurer.
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The Rotary Club of Tamworth Trust Fund Statement of Assets and Liabilities for Year Ended 30th June 2022.
| Liabilities | £ p |
|---|---|
| Budget / Provision for the Year 2022/23 | |
| 13000.00 | |
| General Reserve | 14017.27 |
| Restricted Provision | 0.00 |
| Total Liabilities | £27017.27 |
| Assets | |
| Bank Balance | 27017.27 |
| C.O.I.F. Balance | 0.00 |
| Total Assets | £27017.27 |
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INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEE OF THE
ROTARY CLUB OF TAMWORTH TRUST FUND
I report on the accounts of the Trust for the tear ended 30[th] June 2022, which are set out on the pages 4, 5 and 6.
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 trustee 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.
Independent Examiners Statement.
In the course of my examination, no matter has come to my attention
- 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
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
_Graham Barlow Lisa Pegg______ Mr. G Barlow Mrs L. Pegg 9 Tilia Road 48 Hawksworth Tamworth Tamworth B77 3BE 7 B77 2HH