FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FOR ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
CHARITY NUMBER 1114736
CONTENTS
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|Trustees|Report|2-4|
|Independent Examiner’s Report|5|
|Statement|of|Financial|Activities|6|
|Balance|Sheet|7|
|Notes|to|the Financial|Statements|8-9|
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
TRUSTEES REPORT
The Trustees submit their annual report and the financial statements for the year ended 30 June 2025.
GOVERNING DOCUMENT
The Rotary International District 1120 Charitable Trust was founded by Trust Deed on 20 April 2006.
TRUSTEES
The Trustees who served during the year and since were:
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|P|Frostick|District Governor|Appointed|1|July 2022|/ Resigned|30|June 2025|
|M|Williams|District|Treasurer|Appointed|I|July 2015|/ Resigned|30|June 2025|
|J Dunkley|District|Secretary|Appointed|1|July 2022|/ Resigned|30 June 2025|
|P|Spiller|District Governor|Appointed|30|June|2025|
|DH|Lister|District|Secretary|Appointed|30|June 2025|
|SJT Askew|District Treasurer|Appointed|30 June 2025|
|Charity Commission Commission|registered|number:|1114736|
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Charity Commission Commission registered number:
Principal office:
Three Chimneys Westcliff Gardens Margate Kent CT9 SDT
Bankers:
HSBC Bank Pic 115 High Street SITTINGBOURNE Kent ME10 4AL
Independent examiner:
M J Startup 19 Hazelwood Drive Maidstone Kent
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
TRUSTEES REPORT, CONTINUED
OBJECTS
The main object of the Trust is to apply both the capital and the income thereof to or for the relief of the poor and needy or such other charitable purposes as the District shall direct.
ADMINISTRATION AND POLICY
The District Governor (provided she/he has obtained the authorisation of the members in a duly constituted meeting on each occasion in relation to the particular candidate for Trusteeship) may by writing appoint a new Trustee or new Trustees hereof but so that:-
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(a) all Trustees must be members of a Rotary Club in the District;
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(b) unless the members decide otherwise the Trustees shall normally be the district governor, secretary and treasurer;
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(c) no Trustee may act unless she/he has signed a declaration of willingness to do so in the minute book of the Trustees.
Any Trustee who ceases to be a member of a Rotary Club in the District shall cease to be a Trustee.
The District may at any time by resolution remove a Trustee from the Trusteeship for any reason which may appear to the District to be good and sufficient and without assigning any reason provided that if the Trustee objects s/he shall have the opportunity of representing his/her case at a duly authorised meeting of the District.
FINANCIAL RESULTS AND ACTIVITIES
During the year the Trust handled the funds raised by clubs in the District for their preferred charities. The results are set out on page 6.
RESERVE POLICY
The reserves represent the unrestricted and restricted funds of the charity. Activities are only carried out by the charity after donations, levies and grants have been collected, therefore, the charity does not need to hold large amounts of reserves. There are, in fact, no ‘general’ charitable funds.
INVESTMENT POWERS
Under the Trust Deed the charity has the power to make any investments that the Trustees see fit.
RISK MANAGEMENT
The major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitigate these risks.
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
TRUSTEES REPORT, CONTINUED
ACCOUNTING AND REPORTING RESPONSIBILITIES
Statement of Trustees’ responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year which showa true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the Trustees are required to:-
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP 2015 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
This report was approved by the Trustees on 18 September 2025
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v the order ofthe Trustees
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sesceetseaeseeseeneaes
Mi Willies
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District Treasurer for 2024/25
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REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF
ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
I report on the financial statements for the Trust for the year ended 30 June 2025, which are set out on pages six to nine.
Respective responsibilities of trustees and the independent examiner
The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the financial statements under section 145 of the 2011 Act;
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- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and
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- to state whether particular matters have come to my attention.
Basis of independent examiner’s report
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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act; and ~ to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act
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have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
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’ MJ Startup
19 Hazelwood Drive
Maidstone
Kent
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Dated 18 September 2025
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2025
| Restricted Funds | ||
|---|---|---|
| INCOMINGRESOURCES | TOTAL | TOTAL |
| 2025 | 2024 | |
| £ | £ | |
| Donations (Note 3) |
42,756 | 27,642 |
| RESOURCES EXPENDED | ||
| Charitable Expenditure (Note 4) |
49,238 | 22,443 |
| Net(Outgoing)/IncomingResources | (6,482) | 5,199 |
The notes on pages 8 and 9 form part of these financial statements
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
BALANCE SHEET AS AT 30 JUNE 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| CURRENTASSETS | ||
| Debtors | - | 74 |
| Cash at bank -HSBC |
1,683 | 8,165 |
| CREDITORS: amounts falling due within | ||
| one year | - | - |
| TOTALASSETSLESSLIABILITIES | 1,683 | 8,239 |
| FUNDS | ||
| Unrestricted Funds | - | - |
| Restricted Funds | 1,683 | 8,239 |
| TOTALFUNDS | 1,683 | 8,239 |
| SSS | ——— |
Approved by the Trustees on and signed on their behalf by
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we A «A Seen M Williams District Treasurer
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The notes on pages 8 and 9 form part of these financial statements
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
- ACCOUNTING POLICIES
General information and basis of preparation
Rotary International District 1120 Charitable Trust is a charity registered with the Charity Commission in the United Kingdom. The address of the registered office is given in the charity information on page 2 of these financial statements. The nature of the charity's operations and principal activities are set out in the Report of the Trustees on page 3.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 (as updated through Update Bulletin | published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.
The financial statements have been prepared to give a ‘true and fair view’ and have departed from the charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view. This departure has involved following the Accounting and Reporting by Charities: Statement of recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £,
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The charity adopted SORP (FRS102) in the current year. Given the nature of the charity's activities, its assets and liabilities, it has been determined that no adjustments are required to the recognition of income and expenses or the carrying value of assets and liabilities.
Donations
Donations are recognised in the financial statements when they are received. Donations received for the general purposes of the Charity are included as unrestricted funds. Donations for activities restricted by the wishes of the donor are taken to ‘restricted funds’.
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ROTARY INTERNATIONAL DISTRICT 1120 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 CONTINUED
Resources Expended
Resources expended are accounted for on an accruals basis.
Interest received
Interest is accounted for when received and is proportionately allocated to the appropriate fund.
2. TRANSACTIONS WITH TRUSTEES
No expenses or remuneration were paid to the Charity’s Trustees.
3. INCOMING RESOURCES
| TOTAL | TOTAL | |
|---|---|---|
| 2025 | 2024 | |
| Donations | £ | £ |
| UkraineFund Turkey Fund AirAmbulanceFund GazaFund |
6,015 74 36,667 - |
18,959 4,083 4,500 100 |
| 42,756 | 27,642 | |
| 4. RESOURCESEXPENDED |
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| Charitable Expenditure | ||
| Donations—UkraineFund Donations-TurkeyFund Donations—AirAmbulance |
8,071 - 41,167 |
16,981 5,462 - |
| 49,238 | 22,443 |
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