## **ROTARY CLUB OF WELLINGTON (SHROPSHIRE) BENEVOLENT FUND**
## **TRUSTEES’ ANNUAL REPORT AND ACCOUNTS**
## **YEAR ENDED 30 JUNE 2024**
## **Registered Charity no. 1111143**
1
## **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
2
## **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:
- (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
3
## **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**|
4
## **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**|
5
|**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.
6