## **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:
- (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
- (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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