## **The Rotary Club of Ipswich East Benevolent Fund**
**Report and Financial Statements For the year ended 30[th] June 2025**
Registered Charity No. 1088961
## **The Rotary Club of Ipswich East Benevolent Fund**
## **Report and Financial Statements for the year ended 30 June 2025**
## **Contents**
||Page|
|---|---|
|Legal and Administrative Information|1|
|Trustees' Report|2|
|Independent Examiner's Report to the Trustees|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes forming part of the Financial Statements|6|
# **The Rotary Club of Ipswich East Benevolent Fund**
**Legal and Administrative Information for the year ended 30 June 2025**
The fund was established under a Trust Deed dated 1[st] July 2001 and is registered as Charity Number 1088961. Its address for correspondence is 575 Felixstowe Road, Ipswich IP3 8TE
## **Trustees of the Benevolent Fund**
**Chair of Trustees:** G F Woodward – appointed 4[th] September 2023
**Other Trustees:** W Robinson – resigned 19[th] August 2024 N. Hewitt – resigned 19[th] August 2024 S M Runnacles – resigned 19[th] August 2024 Mrs J Banthorpe – resigned 4[th] September 2023 G Watson – appointed 19[th] August 2024 R Needham – appointed 19[th] August 2024 N Keveren – appointed 19[th] August 2024
The Rotary Club of Ipswich East has the power by resolution to nominate or remove the Trustees. A Trustee must be a member of the Club.
**Independent Examiner:** J Earwaker
## **Trustees' Responsibility for the accounts**
Charity Law requires the Trustees of the Fund to prepare a Receipts and Payments Account and Statement of Assets and Liabilities for each financial year. In addition, the Trustees are responsible for keeping proper accounting records which are sufficient to show and explain the Charity’s transactions and to disclose with reasonable accuracy at any time the financial position of the Fund. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for prevention and detection of fraud and irregularities.
1
## The Rotary Club of Ipswich East Benevolent Fund
## Trustees' Report for the year ended 30 June 2025
The Trustees present their Annual Report and the unaudited Financial Statements for the year ended 30 June 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in 2019 in preparing the annual report and financial statements of the charity.
## Charitable Objects
To apply both the capital and income thereof to or for the relief of the poor and need or such other charitable purposes as the Club shail in duly constituted meeting from time to time direct.
## Review of activities and achievements
The Charity raised most of its funds from organising the Orwell Walk, the Golf Day at Felixstowe and other related fund-raising events.
Grants during the year included
e Shelterbox e Lighthouse e Suffolk Punch ® RFUK ® Various Ukraine charities e MIND
The designated fund at 30 June 2025 comprises donations and accumulated interest to be used to provide income for future charitable projects.
## Reserves
It is the policy of the Charity to maintain unrestricted funds which are the free reserves of the Charity, at a level which gives the Trustees flexibility if they wish to give an immediate donation in response to a particular event, and funds are invested on bank deposit account at no notice for this reason. The Trustees have unrestricted investment powers.
Approved.on behalf of the Trustees on 2b joa) aow and signed on their behalf by: Mr G F Woodward >
2
## independent Examiner's Report
## To the Trustees of The Rotary Club of Ipswich East Benevolent Fund for the year ended 30 June 2025
| report on the Financial Statements of the Fund for the year ended 30 June 2025, which are set out on pages 4 to 6.
## Respective Responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts.
The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
- It is my responsibility to:
- ® examine the accounts under section 145 of the Charities Act,
- @ to follow the procedures laid down in the General Directions given by the Charities Commission (under section 145(5)(b) of the Charities Act, and
- e to state whether particular matters have come to my attention.
## Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the Financial Statements presented with those records. it also includes consideration of any unusual items or disclosures in the Financial Statements and seeking 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, no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with Section 130 of the Charities Act; And
- to prepare Financial Statements which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Financial Statements to be reached.
vy rs yearwake/ * (Jane Pa 2C/C2/2 HandfordRoad, Ipswich e
Date: 26 March 2026
3
## **The Rotary Club of Ipswich East Benevolent Fund**
## **Statement of Financial Activities for the year ended 30 June 2025**
|**Note**
Incoming Resources
Donations
2
Fundraising
3
Interest Received
**Total Incoming Resources**
**Resources Expended**
Fund Raising
Charitable Activities - Grants
**Total Charitable Expenditure**
**Net Movement in Funds**
Total Funds as at 30thJune 2024
Prior Year Adjustment
**Total Funds as at 30th June 2025**|**Unrestricted**
**Funds**
**Designated**
**Funds**
**2025**
**2024**
**£**
**£**
**£**
**£**
-
2,978
2,978 2,193
30,144
-
30,144
34,165
-
-
-
-|
|---|---|
||**30,144**
**2,978**
**33,122**
**36,358**
16,668
-
16,668
14,613
12,350
2,978
15,328
21,379|
||**29,018**
**2,978**
**31,996**
**35,992**|
||**1,126**
**-**
**1,126**
**366**
9,941
14,600
24,541
24,175
(4,406)
-
(4,406)
-|
||**6,661**
**14,600**
**21,261**
**24,541**|
4
## The Rotary Club of ipswich East Benevolent Fund
Balance Sheet as at 30 June 2025
**----- Start of picture text -----**
2025 2024
£ £
Current Assets
Balance at Bank 21,261 24,541
Funds
Unrestricted 6,661 9,941
Designated 14,600 14,600
21,261 24,541
**----- End of picture text -----**
**----- Start of picture text -----**
The financial statements were approved by the Trusteeson _ and signed on their
behalf by: Wlos/ LOLb
een}
ee YEA
G FWoodward mS .
**----- End of picture text -----**
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## **The Rotary Club of Ipswich East Benevolent Fund**
## **Notes to the Financial Statements for the year ended 30 June 2025**
## **1. Accounting policies**
## **1.1 Accounting convention**
The financial statements have been prepared under the historical cost convention and in accordance with the 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)) (issued in October 2019)
## **1.2 Basis of accounting**
The accounts are prepared on a receipts and payments basis of accounting.
## **1.3 Gifts in Kind**
The Charity receives the benefit of work carried out by volunteers, and receives the use
of facilities and equipment without charge. No value is placed on these items.
## **1.4 Taxation**
The Rotary Club of Ipswich East Benevolent Fund is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
|**2**
**Donations**
Donations
**Fundraising**
Annual Events
Other Events|**2025**
**£**
2,978
**2,978**
16,668
-
**16,668**|**2024**
**£**
2,193|
|---|---|---|
|||**2,193**|
|||14,613
-
**14,613**|
6