ROTARY CLUB OF WELLINGTON (SHROPSHIRE) BENEVOLENT FUND
TRUSTEES’ ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 JUNE 2021
Registered Charity no. 1111143
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Trustees’ Report for the year ended 30 June 2021
Trustees
The names of the trustees who have served from 1 July 2020 to date are as follows: G Foulkes (from 1 July 2017) P Murray (from 1 July 2020) D Lovatt (from 1 July 2018)
Structure, Governance and Management
The charity is governed by a trust deed dated 5 June 2005 and is administered by the Rotary Club of Wellington (Shropshire) (‘the Club’). The trustees are the officers of the Club who meet with the Club Council on a monthly basis. Proposals for fundraising and donations are discussed with the Council and are laid before the members of the Club at its monthly business meeting.
Objectives and Activities
The objects of the charity are ‘the relief of the poor and needy or such other charitable purposes as the Club shall in duly constituted meeting from time to time direct’. The charity’s focus is to raise funds through donations from club members and fund-raising events, and to donate these funds to worthy causes. Regular fundraising activities have included a charity film evening, a sportsmen’s evening and a charity golf day. The fund-raising events were affected by Covid 19 and the lockdown rules. The accounts reflect this reduction in monies raised from events, but this has been replaced by an increase in members donations thus ensuring the Club continued its charitable work.
The club also administers a fund (‘Fairbourne’) arising from the sale of a bungalow, previously used by the charity to provide holiday accommodation for those who might not otherwise benefit from a holiday. The income from this fund is used to provide similar benefits.
Achievements
Charitable donations for the year totalled £26093 (2020-£32941). A summary of these donations is contained in the accounts.
Reserves
The policy of the charity is that expenditure in the year should be approximately equal to funds raised in the year and that, except for ‘Fairbourne’ – see above – and some occasional specific projects, there is no necessity to hold reserves. There are no ongoing obligations of the charity.
Signed by D Scollard-Kerr (Treasurer – on behalf of the Trustees) on
14 Donnerville Gardens, Admaston, Telford, TF5 0DE
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Independent Examiner’s report on the Accounts for the year ended 30 June 2021 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 trustees consider that an audit is not necessary for the year, under section 144 of the Charities Act 2011 (‘the Act’) and that an independent examination is needed.
It is my responsibility to examine the accounts (under section 145 of the Act), to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act) and to state whether particular matters have come to my attention.
Basis of Independent Examiner’s statement
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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all of 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
During my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section130 of the Act, and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act, have not been met; or
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(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
N Phillips
1 Stewardstone Gate Priorslee Telford, TF2 9SS
Date
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Rotary Club of Wellington (Shropshire)
Benevolent Fund
Accounts for the year ended 30 June 2021
Income and Expenditure Account
| Income Donations Fund raising Amazon commission Profit on Investment sales Income tax reclaimable Grant – D1210 Holiday Fund Grant – D1210 BMX Project Grant – D1210 Transfer Club General account Expenditure Fund raising costs Charitable donations Net (expenditure)/income Reserves brought forward Reserves carried forward |
Total Unrestricted Restricted Designated 17025 17025 4339 2417 1922 73 73 250 250 3214 3214 - - 184 184 194 194 |
2020 11889 6843 28 - 2392 1093 1560 - 3140 |
|---|---|---|
| 25279 23107 1922 250 |
26945 | |
| 502 375 127 26093 21398 1595 3100 |
348 32941 |
|
| 26595 21773 1722 3100 |
33289 | |
| (1316) 1334 200 (2850) 83568 4084 355 79129 |
(6344) 89912 |
|
| 82252 5418 555 76279 |
83568 |
| Assets Investments Cash at bank - Barclays Debtors -General account -Gift Aid Creditor |
Balance Sheet | Balance Sheet |
|---|---|---|
| 68497 68497 12483 4146 555 7782 - 1272 1272 - |
2020 78247 3901 56 1484 (120) |
|
| 82252 5418 555 76279 |
83568 |
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Notes forming part of the Accounts for the year ended 30 June 2021
1. Fund raising activities
| Foundation Raffle Legal London Wine Tasting Bikefest |
Income Expenses Net 1922 127 1795 555 120 435 720 255 465 1142 - 1142 |
|---|---|
| 4339 502 3837 |
2. Charitable donations
Local and national beneficiaries
| Local and national beneficiaries | |
|---|---|
| Telford Crises Support | 6008 |
| Bursary | 1200 |
| Gateway Club | 250 |
| Heulwen Trust | 250 |
| Telford Homestart | 850 |
| Tree of Light | 250 |
| Poppy Appeal | 25 |
| Dictionaries4Life | 224 |
| Harry Johnson Trust | 570 |
| Cradle | 100 |
| Farcroft Xmas presents | 450 |
| Youth Services | 300 |
| YMCA | 1500 |
| Wrekin Rowers | 500 |
| Shrewsbury & Telford Hospital Trust | 1880 |
| YMCA Freedom Fund | 250 |
| The Orbit | 100 |
| Severn Hospice | 500 |
| St Peters School Bratton | 1750 |
| TACT | 1000 |
17957
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| International beneficiaries Disaster Aid - Beirut Mercy Ships Toy Boxes Donkey Drawn Library Toilet Twinning Disaster Aid Recovery Trust Medic Malawi Dhanbad Rotary Club Rotary Foundation Goal for Gambia |
500 200 250 125 420 250 366 2370 3405 250 |
|---|---|
| 8136 |
3. Designated Fund (‘Fairbourne’) - Investments
| Margetts International Strategy Fund Margetts Providence Strategy Fund Margetts Select Strategy Fund |
Cost 2020 6977 7856 - 54771 61520 15650 |
|---|---|
| 68497 78247 |
The value of the units at 30[th] June 2021 was £83,420
4. Telford Tree of Light
As part of the club’s annual fundraising, it joins forces with the three other Rotary clubs in the Telford area (the Rotary Clubs of Ironbridge, The Wrekin and Telford Centre) to organise a Tree of Light in the Telford Centre. This is done through The Rotary Clubs of Telford and District Trust Fund, a separate registered charity (no. 1109036). During the year ended 30 June 2021 charitable donations of £41875 were made by this charity – this amount is not included in these accounts.
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