ROTARY CLUB OF WELLINGTON (SHROPSHIRE) BENEVOLENT FUND
TRUSTEES’ ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 JUNE 2024
Registered Charity no. 1111143
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Trustees’ Report for the year ended 30 June 2024
Trustees
The names of the trustees who have served up to 30 June 2024 are as follows: D Scollard-Kerr (from 1 July 2021)
G Foulkes (from 1 July 2023) 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 meetings 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 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 £31659 (2023-£39015). 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 2024 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 2024
Income and Expenditure Account
| Income General donations Fund raising Amazon commission Profit on investment sales Income tax reclaimable Grant – D1210 River Tours – holiday bonus Cock Hotel quiz profit Xmas card profit Expenditure Fund raising costs Miscellaneous Trans to Gen Acct Charitable donations Net (expenditure)/income Reserves brought forward Reserves carried forward Assets Investments Cash at bank – Barclays Debtors - Gift Aid Creditors - Friends of Wellington Sta - Ukraine Constitution Day |
Total Unrestricted Restricted Designated 11504 4851 6653 0 6955 5067 1888 0 0 0 0 0 1534 0 0 1534 2856 2079 777 0 1000 1000 0 0 820 820 0 0 338 338 0 0 16 16 0 0 |
Year 2023 13172 10606 68 1428 3208 1750 0 0 12 |
|---|---|---|
| 25023 14171 9318 1534 |
30244 | |
| 2052 1768 284 0 20 20 0 0 31659 14454 8674 8531 |
2832 80 39015 |
|
| 33731 16242 8958 8531 |
41927 | |
| (8708) (2071) 360 (6997) 62985 4002 1735 57248 |
(11683) 74668 |
|
| 54277 1931 2095 50251 |
62985 | |
| Balance Sheet | ||
| 38883 0 0 38883 14848 2276 1204 11368 0 0 0 0 1296 405 891 0 0 0 0 0 (500) (500) 0 0 (250) (250) 0 0 |
Year 2023 47349 14236 0 1400 0 0 0 |
|
| 54277 1931 2095 50251 |
62985 |
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Rotary Club of Wellington (Shropshire) Benevolent Fund
Notes forming part of the Accounts for the year ended 30 June 2024
1. Fund raising activities.
| Foundation raffle (incl. wine) Piaf Event Xmas raffle Film night Venning Masonic Lodge – Music Event |
Income Expenses Net 1473 284 1189 2292 1336 956 415 0 415 2675 432 2243 100 0 100 |
|---|---|
| 6955 2052 4903 |
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 Telford Gateway Club Dictionaries4Life Wellington Theatre Company Kids Out Parkinsons UK Telford Tree of Light YMCA Poppy Appeal Wenlock Olympian Bursary Wellington Ukraine School Project Albrighton Table Tennis Club Youth Camp RYLA Cancer Pink Event Cavalier Centre Local Student Africa Trip Support Telford Parkinsons Support Group Wellington Citizens Advice Friends of Wellinton Station Ukraine Constitution Day (local) |
7325 500 500 250 240 370 730 2000 100 101 150 2000 30 100 600 250 400 300 50 750 200 250 338 500 250 |
|---|---|
| 18284 |
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| International beneficiaries General Fund Medic Malawi Rotary Foundation Polio raffle/bucket Shelter Box Lend With Care Earthquake appeal Local and national beneficiaries Fairbourne Fund PODS YMCA Wellington Age UK Donnington Telford & Wrekin CVS Home Start Lingen Davies Cancer Fund STAY Visually Impaired Heulwen Boat Trip Bursary Telford Crisis Support Telford & Wrekin Council - SIS Shropshire Youth Association |
100 3888 205 500 150 |
|---|---|
| 4843 | |
| 1300 245 250 500 970 842 700 71 600 2000 303 750 |
|
| 8531 |
3. Designated Fund (‘Fairbourne’) - Investments
| Margetts International Strategy Fund Margetts Select Strategy Fund |
Cost 2023 3961 4823 34922 42526 |
|---|---|
| 38883 47349 |
The value of the units at 30[th] June 2024 was £53,175
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 2024 charitable donations of £40,000 were made by this charity – this amount is not included in these accounts.
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