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2024-03-31-accounts

Trustee meeting minutes

11/01/2024

Attendees: Anne Bickmore, Kevin Mayers, Val Caswell

At the Trustee meeting 20/1/22 it was agreed that all committee members must attend a minimum of 3 meetings each year to know what was happening and to be able to make informed decisions around the charity.

Sue resigned due to personal reasons.

Are current committee members are: Anne – Chair & Trustee Kevin – IT Liaison & Trustee Val – Treasurer, Hamper lead & Trustee

Angela – Secretary, Governance, PCS Liaison Marion – Solstice Lead Maz – Panto and day out lead

We would still like to appoint Fundraising & Publicity roles.

Do you set aside a reserve amount - or do we have a contingency fund.? No funds in the account are used for trips and treats and if depleted no trips are planned.

Do you and Anne make an annual plan for expenditure - or do the trustees do that as a group? Expenditure and potential trips are discussed at committee meetings.

How often do the trustees meet - are there minutes of the meetings? We meet annually and minutes are maintained.

Can trustees/ volunteers etc claim expenses? Is there a policy for that? We do not currently have a policy for expenses.

Do the trustees discuss sustainability - or what to do if donations dry up. Do they ever discuss what happens to the funds in the event of the charity folding for some reason. We discussed sustainability and if the charity were to fold the trustees would establish how to distribute any outstanding balances.

How are Trustees appointed? They are invited by existing trustees.

What documents are new Trustees given? No documents are given but guidance to understand role through the Charities commission website.

Action Anne to share minutes with all committee members.

THE ABC FUND 1107960

Receipts and payments accounts

For the period 1 April 2023 To 31 March 2024 from

Section A Receipts and payments Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Restricted Endowment
funds
Endowment Total funds Last year
£ £ £ £ £
Receipts
Donations/fund raising 30369 - - 12588.36
Eastbourne Lottery 271 383.5
Smile Amazon 19.49
Abseil 5267.59
Solstice 3331.22
Colour run 709.14
- - - - -
- - - - -
Total receipts
31,349
31,349 - - - 21,590
Payments
Costs
57
57 - - - - - 16.5
Abseil 1,481
Pantomime outing
8,775
8,775 - - - - - 8727
Trips & Treats
12,058
12,058 - - - - - 4918.51
Christmas hampers
4,516
4,516 - - - - - 3226.69
Book project
2,356
2,356 - -
Solstice - - - - - 356.65
Insurance / raffle licence - - - - - 353.11
Cards / Stationery / stamps etc
144
144 - - - - - 40.36
Leaflets
70
70
Colour run
609
609
Total payments 28585 - - - - - 19119.62
0 0
Cash funds last year end
31,604
31,604 - - - - - 29,133
Cash funds this year end
34,368
34,368 - - - - - 31,604
Categories
Details
B1 Cash funds
Cash at bank
Cash in hand
Signature
Total cash funds
Signed on behalf of all the trustees
£
£
£
34218
-
-
150
-
-
-
-
-
-
OK
OK
Print Name
Anne Bickmore
Valerie Caswell
Unrestricted
funds
Restricted
funds
Endowment
funds
Date of
approval

Alexandra Page 138B Hoddern Avenue Peacehaven BNIO 7QU Mobile 07903 044014 The Trustees ABC Fund Registered Charity No 1107960 l Alexandra Page have completed an independent examination of the accounts for the ABC fund. I have manyyears financial experience havingworked for Lloyd Banking Group for 37 years as a Senior Analyst until my retirement in April 2024. I report to the trustees on my examination of the accounts for ABC Fund for the year ended 31103 12024. I have completed my examination and I confirm that no mateiial matters have come to my attention in connection with the examination which gives me cause for concern. The accounting records were kept accurately and the report is an accurate reflection of the years accounts. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Yours faithfully, Alexandra Page. 22a -tyst 2(L4