ROTARY CLUB OF WELLINGTON (SHROPSHIRE) BENEVOLENT FUND
TRUSTEES’ ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 JUNE 2023
Registered Charity no. 1111143
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Trustees’ Report for the year ended 30 June 2023
Trustees
The names of the trustees who have served up to 30 June 2023 are as follows: D Scollard-Kerr (from 1 July 2021)
R Studd (from 1 July 2022) A Ramsay (from 1 July 2022)
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 business meetings.
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 charity concert, a charity golf day and various appeals.
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 £39015 (2022-£35268). 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 2023 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 2023
Income and Expenditure Account
| Income General donations Fund raising Amazon commission Profit on investment sales Income tax reclaimable Grant – D1210 Xmas card profit Expenditure Fund raising costs Miscellaneous 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 13172 6667 6505 10606 7684 2922 68 68 1428 0 1428 3208 3208 1750 1750 12 12 |
2022 15859 3624 61 2424 4404 997 - |
|---|---|---|
| 30244 19389 9427 1428 |
27684 | |
| 2832 2832 80 80 39015 17968 8463 12584 |
- - - 35268 |
|
| 41927 20880 8463 12584 |
35268 | |
| (11683) (1491) (964) (11156) 74668 5493 771 68404 |
(7584) 82252 |
|
| 62985 4002 1735 57248 |
74668 | |
| Balance Sheet | ||
| 47349 47349 14236 2602 1735 9899 - 1400 1400 - |
2022 55921 17100 256 1851 (460) |
|
| 62985 4002 1735 57248 |
74668 |
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Notes forming part of the Accounts for the year ended 30 June 2023
1. Fund raising activities.
| Foundation raffle Simon & Garfunkel concert Xmas raffle Film night Golf day Earthquake appeal Parkinsons UK Shoe Box |
Income Expenses Net 1892 0 1892 2406 1097 1309 320 0 320 2753 320 2433 2525 1415 1110 670 0 670 10 0 10 30 0 30 |
|---|---|
| 10606 2832 7774 |
2. Charitable donations.
| Local and national beneficiaries General Fund Telford Crises Support Lingen Davies cancer fund Harry Johnson trust MyName’5Doddie foundation The Orbit Wellington Wellington Theatre Company Dictionaries4Life Lend with Care Farcroft xmas presents Parkinsons UK Telford Tree of Light Southall school St Peters school Bratton Global Sight Solutions Shropshire Rural Support Telford & Wrekin Young Carers Hope House Youth Camp Shrewsbury & Telford Hospital Trust International beneficiaries General Fund Ukraine Function Support Disaster Aid Medic Malawi |
7636 1700 750 340 1010 750 486 550 500 260 150 400 1500 100 350 650 2000 125 1006 |
|---|---|
| 20263 | |
| 200 400 250 |
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| Rotary Foundation Shoe Box Disaster Response laptops Pakistan Disaster appeal Earthquake appeal Local and national beneficiaries Fairbourne Fund PODS Gateway BBQ Wellington Cricket Club Telford & Wrekin CVS Home Start CAB STAY Heulwen Trust Bursary Telford Crisis Support Young Carers STAY Yellow Ribbon Young Visually Impaired Wellington Young Hornets RC Lawley & Lightmoor Comets FC Visually impaired canal trip |
3318 30 1000 300 670 |
|---|---|
| 6168 | |
| 1000 106 600 330 575 150 750 250 600 5000 100 200 250 173 1281 390 829 12584 |
3. Designated Fund (‘Fairbourne’) - Investments
| Margetts International Strategy Fund Margetts Select Strategy Fund |
Cost 2022 4823 5696 42526 50225 |
|---|---|
| 47349 55921 |
The value of the units at 30[th] June 2023 was £55,876
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 2023 charitable donations of £40,000 were made by this charity – this amount is not included in these accounts.
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