Charity number. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Report of the Trustees and Unaudited Finanaal Statements For the year ended 30 June 2024 Page 1 of 13
Charity number. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Contents Page FC the year ended 30 June 2024 Report of the Trustees Reference and Administrative Infonmation Independent Examinerfs Report Statement of financial activities ststement of financial position Notes to the financial ststements 9-13 Page2 of 13
Charity number.. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Report of the Trustees For the year ended 30 June 2024 The Trustees present their report for the year ended 30 June 2024 Tiustees Robert Harris Aan Doggett Tim Ray Sue Watknnson Claire Strong John Morgan Registered Charity nurnb•r 1093635 Address clo 10 whltehut Avenue Hitchin Herts SG5 1SR Independent Examiner Leademians Bankers Barclays Bank &6 High Street Hitchin Herts SG5 1DJ Structure, Governance and Management The Trust is governed by a Trust Deed dated 25 June 2004 and is a Registeied Charity. Number 1093635. The Charity is managed by the Trustees in accordance its Trust Deed. Trustees are apFointed by the members of the Rotary Club of Hitchin Tilehouse. None ofthe Trustees receNes remuneration from the Charity. Objectives and Activities Our objects are as a voluntary seNices organisab-on for the public benefft in particular charitable fundraising and providing grants in support of local, national and intemational charrty relief, V0¢tional, communty and youth services including education, raising awareness and other charitaL4e purpc6es as the Club shall in duly constituted meetings decide from time to time. Achievements and P•rformance This year after we changed our bank accountto Charities Aid Foundation CAF- afterthe initial transition everything is so much smoother. We only had one major fundraiserthat Telied on ticket sales this year-The Hitchin Wne and Food Festival, this was a success mainly due to excellent promotion via social media channels. We managed to do several smaller fundraising events. Our n6w achievements this year are- the partnershipwth our local Primary Care Ner Together we have aprlied for a large grant to run a Carers Café every Friday Youth Showcase a communty projectfor the youth of Hitchin We also took over 2 Sleighs from a service dub that dosed. This made u5 and local schools some funds and we hope to expand on this next year We continue our work wth vulnerable families in the community by providing food vouchers as part ofthe Hitchin Food Provision Team. In addition Wor.ng wth Hitchin Partnershipwe have given money to hdp local families in an emergency, may need a new fridge Of mattress. Some of these families have also received well-being help from us to do something nice as a family. This has been very well received. Page 3 of 13
Charity number: 1093635 Rotary Club of Hitchin Tilehouse Trust Account Report of the Trustees For the year ended 30 June 2024 (continued) Achievéments and Perlormance lcontinu) Local Charltles and Proi¢Gts.' we continue to supw)rt local groups such as Beds for Childr8n - a local communty group who wanted provide beds Hitchin Food Provision team - of which we are part of We provided gft for all the residents of a local care home Phase a local children's mentsl health chaiity ELSA a local yoirth charity Garden House HosFice Tilehouse Counselling National Charities: ShelterBox Kids Out Children in Need Internatlonal Charities and Projects: Help for Ukraine Disaster AFpeal Morocco and Libya Save a Childs Heart- a local club Tequired help to 1th this international project Rotary Foundation S•rvlce Projects- Communty & Vocatlonal, Youth and Other Grong People Triangle Garden Carerfs Café- in partnership V*ith the local PCN Flnancial Revie The Financial results for the year are detailed in the financial statements. It is the Charity's policy to only maintsin limited reseryes, whilst designaling restricted funds on various projects that are actively being worked on as well as in the annIng stages. Approved by the Trustees and signed on their behalf ty Susan WatnsOn Claire Strong Date Page 4 of 13
Charity number. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Report of the Trustees (c£)ntinued) For the year ended 30 June 2024 REFERENCE ANDADMINISTRATIVE INFORMATION Namo of charity Charity registration number Rotary Club of Hitchin Tilehouse Tntst Account 1093635 Principal addr•ss clo 10 VIthitehut Avenue Hitchin Hertfordshire SG5 1SR Trusts•s The trustees and officers serving during the year and since the year end were as follows: Mr Alan Peter Doggett Mrs Susan Watkinson Mr Robert Harris Mrfim Ray Mr John Morgan Mrs Claire Strong (appointed 1 Juty 2022) Secretary Mr Alan Peter Doggett Independent ExanerS Leadennans Chartered Certified Accountants st Christopher's House Ridge Road Letchworth Garden Cty SG6 1PT Approved by the Board of Trustees and signed on its behalf by Mrs Claire Strong Page 5 of13
Charity number. 1093635 Rotsry Club of Hitchin Tilehouse Trust Account Independent Examiners Report to the Trustees For the year ended 30 June 2024 I report to the trustees on my examination of the accounts of the c*anty for th6 year ended 30 June 2024. Responsibilities and basis of report As the charity trustees, you are respon&tAe for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Art). I rewrt in respect of my examination of the tharity's accounts carried out under seclÈoD 145 of the 2011 Act and un carrying out my examination I have fdlowed all the applicai4e Directions g'ven by the Charity Commission under section 145{5){b) of the Act. Ind¢p¢Thlent examimrs Statement I have comF4eted my examination. I confitm that no matters have come to my attention in conneclion wth the examination giving me cause to believe that in any material respect 1. accounting records were not ke# in respect of the Chartty as required ty section 130 of the 2011 Act, or 2. the accounts do not accord with those records.. or 3. the accounts do not comply wth the 8PFAicatde requirements cOnrning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts five a 'true and fair vie which is not a matter considered as part of an indeFendent 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 enatle a proFer undetstanding of the accounts to be reached. Sandeep Mansukh Shah FCCA Leadelmans St Christopher House Ridge Road Letchworth Garden Cty SG6 1PT Page 6 of 13
Charity number. 1093635 Rotary Club of Hitchin filehouse Trust Account Statement of Financial Activities (induding Income and Expenditure account) For the year ended 30 June 2024 Notes Unrestri¢t•d Funds R•strictsd Funds 2024 2023 Income and endowments from: Donations and legacies Other trading activitses I nvestments Total 4,892 34.720 39,612 71,560 11.778 430 11,778 430 14,532 10 Expenditure on: Raising Funds Charitable activities Total 4,002 5,467 4,002 26,776 6,988 79,540 21,309 21.309 Transfers between funds N•t mov•m•nt in funds 2275 5.356 15,686 425 Reconciliation of funds Total funds brought forward Total funds carried forward 13 6.202 13,983 20,185 20,611 11.558 29,669 41,227 20.185 Page 7 of 13
Charity number. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Statement of Financial Posits'on As at 30 June 2024 2024 2023 Current Assets Debtors and prepayments I nvestments Cash at bank and in hand 10 11 2,035 41,116 1,025 22.042 Creditorn: amounts falling due within ono year 12 (1.924) (2,882) Net curr•nt ass•ts Total ass•ts less curnnt liabilities 20,186 Net assets The funds of the charity Restricted income funds Unrestricted income funds Total lunds 14 14 29,669 11,558 13,983 6.202 20.185 Page8 of13
Charity number. 1093635 Rotary Club of Hitchin Tilehouse Trust Account Notes to the Financial Statements For the year ended 30 June 2024 1. Accounting policios Basis ol a¢¢ounting The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets in accordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the Republic of Ireland (FRS 102) (effective 1 January 2015)., Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1Q2). and the Chaiities Act 2011. Rotary Club of HFtchin filehouse meets the definition of a public benefft entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othemise stated in the relevant accounting policy note(s). 2. Incomo from donations and legacies Unrnstrictsd Funds Restri¢tsd Funds 2024 2023 Donalions received Gift aid received Grants received 4.039 853 26,430 30,469 853 8.290 39.612 50.764 796 20.000 34.720 3. Incom• from oth•r activiti•s Unr•stricted Funds Rostri¢t•d Funds 2024 2023 Fundraising events Trading Activities 4.784 6.994 11.778 4,784 6.994 11,778 9,820 4,712 14,532 4. Expenditure on raising funds Unr•stricted Restrictod Funds Funds 2024 2023 Fundraising events Trading Activities 4.002 4,002 4,413 2,575 6,988 4.002 4.002 Page9 of13
Charity number: 1093635 Rotary Club of Hitchin Tilehouse Trust Account Notes to the Financial Statements (continued) For the year ended 30 June 2024 6. Costs of ¢haritabl• activity by lund ty Unr•strictsd Restricted Funds funds 2024 2023 Donations to charitable causes Support costs 4,018 1.449 6,467 21,039 25.327 1,449 78,209 21.309 79,540 6. Costs of charitable activity by activity type 2024 2023 Activities undertaken directly Donakn'ons to charitable causes 25.328 78,209 7. Analysis of support costs 2024 2023 Governance costs 1,449 1,331 8. Net income l •xpenditur• for the year This is stated after charging 2024 2023 Accountancy fees Auditor's fees 650 650 Page 10 of 13
Charity number: 1093635 Rotary Club of Hitchin Tilehouse Trust Account Notes to the Financial Statements {continued) For the year ended 30 June 2024 9. Comparative for the Statement of Financial Activities Unr•stricted Funds Restricted Funds 2023 2022 Incom• and •ndowments from: Donations and legacies Other trading activities Investments Total 1,8C 14,532 10 16,348 69.754 71.560 14,532 10 86.102 46,913 21,253 12 69,754 Expenditure on: Raising funds Charitable activities Total Transfors batvmen funds Net movement in funds 6.988 5,027 12,016 6,988 79,540 13,540 73,333 74,513 74.613 9,735 4.976 (5,402) (425) (18,695) Reconciliation of funds Total funds brought forward Total funds carried forward 11.604 9,007 13,983 20,611 10. D•btors Amounts falling due within one year 2024 2023 Trade Debtors Gift aid receivable 11. Investments During 2022-23. the Charity invested £1,000 with the Black Squirrel credit union which provides a credit facility for local families. Sncome of £10 was received in interest on this investment in 2023-24 (2022-23: £10.) A further £1.000 was invested with the credit union in April 2024. The balance at 30 June 2024 was £2,035. 12. Creditors: amounts falling due within one yoar 2024 2023 other creditors AccruaEs and deferred income 1,924 Page 11 of13
Charity number: 1093635 Rotary Club of Hitchin Tilehouse Trust Account Notes to the Financial Statements (continued) For the year ended 30 June 2024 13. Mov•m•nt in funds Unrestricted Funds Balance at 0110712023 Incoming Outgoing R8sour¢•s Resources Transfers Balanco at 3010612024 General 6,202 17.100 (9.469) (2.275) 11,558 9,469 Unrestricted Funds - previous year Balance at 0110712022 Incoming Outgoing Transfers Balance at Resourcos Resources 3010612023 General 11.604 16,348 (12.015) (9.735) 6,202 6,202 Restrictsd Funds Balance at Incoming Outgoing Transfers 0110712023 ResourS RosourGoS Balance at 3010612024 Restrictsd 13.983 34.720 (21.309) 2.275 29,669 Restrictsd Funds - Pr•vious year Balance at Incoming Outgoing Transfers 0110712022 Resources Resources Balance at 3010612023 Restrictsd 9.007 69,754 174,513) 9.735 13.983 Page 12 of 13
Charity number: 1093635 Rotary Club of Hitchin Tilehouse Trust Account Notes to the Financial Statements (contÈnued) For the year ended 30 June 2024 14. Analysis of net assets betwa•n funds Net current assets I (liabilities) Net Assets UnroStriGtsd Funds General 11,558 11.558 Restricted Funds Restricted 29,669 29,669 Previous year N•t current assets I (liabilities) Not Assets Unrestrictod Funds General 6.202 6,202 Restri¢tsd Funds Restricted 13,983 13,983 20,186 Page 13 of 13