ROTARY CLUB OF WELLINGTON (SHROPSHIRE) BENEVOLENT FUND
TRUSTEES’ ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 JUNE 2022
Registered Charity no. 1111143
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Trustees’ Report for the year ended 30 June 2022
Trustees
The names of the trustees who have served from 1 July 2021 to date are as follows: D Scollard-Kerr (from 1 July 2021) T Taylor (from 1 July 2021) 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 The accounts reflect this reduction in monies raised from events, but this has been replaced by an increase in members donations thus ensuring the Club continued its charitable work.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 £35268 (2021-£26093). 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 2022 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 2022
Income and Expenditure Account
| Income Donations Fund raising Amazon commission Profit on Investment sales Income tax reclaimable Grant – D1210 Visits Surplus Expenditure Fund raising costs Charitable donations Net (expenditure)/income Reserves brought forward Reserves carried forward Assets Investments Cash at bank - Barclays Payment in advance Debtors - Gift Aid Creditors - Golf Day |
Total Unrestricted Restricted Designated 15859 15859 3624 1318 2306 61 61 2424 2424 4404 4404 997 997 315 315 |
2021 17025 4339 73 450 3214 184 194 |
|---|---|---|
| 27684 22954 2306 2424 |
25279 | |
| - 35268 22879 2090 10299 |
502 26093 |
|
| 35268 22879 2090 10299 |
26595 | |
| (7584) 75 216 (7875) 82252 5418 555 76279 |
(1316) 83568 |
|
| 74668 5493 771 68404 |
82252 | |
| Balance Sheet | ||
| 55921 55921 17100 3846 771 12483 256 256 1851 1851 (460) (460) |
2021 68497 12483 - - 1272 - |
|
| 74668 5493 771 68404 |
82252 |
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Notes forming part of the Accounts for the year ended 30 June 2022
1. Fund raising activities
| Foundation Raffle Garden Party Xmas Raffle |
Income Expenses Net 1966 1318 340 |
|---|---|
| 3624 |
2. Charitable donations
| Local and national beneficiaries General Fund Telford Crises Support Bursary Heulwen Trust Shropshire Supports Refugees Telford & Wrekin Refugee Support Tree of Light Poppy Appeal Dictionaries4Life Bloodbikes Farcroft Xmas presents Youth Services CAB Kids Out UK Shrewsbury & Telford Hospital Trust International beneficiaries General Fund Ukraine Appeal Toilet Twinning Medic Malawi Rotary Foundation (Restricted) Shelter Box Village Water RFUK – Annual Fund RFUK - Polio Goal for Gambia |
6552 1200 500 500 250 150 30 476 1565 500 680 997 350 58 |
|---|---|
| 13808 | |
| 4191 20 650 2090 1430 275 1200 1000 305 |
|
| 11161 |
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Local and national beneficiaries
| Local and national beneficiaries | |
|---|---|
| Fairbourne Fund (Designated) PODS Bursary Telford & Wrekin CVS Outreach CAB Wrekin Riders BMX Club Driving Lessons Scout Fun Day Telford Street Pastors Age Concern Talking Newspapers SNAC Belmont Community Hall |
1100 1200 900 2250 1003 104 263 231 1500 250 348 800 350 |
| 10299 |
3. Designated Fund (‘Fairbourne’) - Investments
| Margetts International Strategy Fund Margetts Select Strategy Fund |
Cost 2021 5696 6977 50225 61520 |
|---|---|
| 55921 68497 |
The value of the units at 30[th] June 2022 was £63,068
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 2022 charitable donations of £ 41040 were made by this charity – this amount is not included in these accounts.
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