REGISTERED CHARITY YUMBER: 1138898 REPORT OF THE TRUSTEES AND UYAUDITF.D FINANCIAL STATF.MENTS FOR THF. YEAR F.NDF.D 30TH JUNE 2021 OR BRIGHTOI & HOVE SOIREE ROTARI',SETTLEMENI Charioi House Limiied Chartcred AccountanLs 44 (prand P2Tade Brighton East Sussex BN2 9QA
BRIGHTON & Hol SOIREE ROTARY SETfLEMEYr CONTENTS OF THE FIYplNCI,IL STklTEMENTS R THE YEAR ENDED OTH E 2D21 Page Report of the Trustees Independent Lxaminer's Report Statement of Financial Actii'ities B81gnce Shcyt Noies tth the Fln*nelil Staierntnts Deithlled Staitment of Flnanelal Aetlvliles 10
BRIGHTON & Hol SOIREE ROTARY SETfLEMEYr REPORT OF THE TRUSTEES THE YEAR ENDED OTH E 2021 The trustees present their report with the financial siaiements of the charity for the year ended 30th June ?021. The trustees havc adoplcd thc provisions ()f Accouniing and Elening by Chariiic%.' Stsicmcnt of Rccommcndcd Practicc applicablc t Lharities PTtpthng th¢iT aLLuunl% in aLLordanLe w'ith ihe FinanLial RepoTlin¥ Siandard £ippliLablt in the UK and RepubliL of Ireland IFRS 1021 leffective l January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims By a DL'Ll<Lf<ilion ol'Ttust dated 28th Oclulxr 2010- The Truqteeq qhall hold ihe trnsi fund and ils income upon misi io apply ihem for ihe following objeciiijes.. To hold 4Lnd Hpply Ihc Trust Fund I?d all other monies which may from time 10 titne bc received by the Iru5tees) to gLppIy capital and incom¥ ihcreof io or for the rclicf of the or and necdy or tu or li)r such i)ther chariluble purpose or purp05eslinslllulionlslety or as th¢ Club shall in a duly constiluled meeting from limc lo tiine dircct. to ILnd all or part of ihe Trusi Fund io lnsiiiuiionindiV1dua1so¢idICS of othcr associaiions with or wiihoui iniercsi as Ihc Truslics in th¢ir absolut¢ di5¢r¢tion %¢ fit" FINANCIAI. REVIF.W Trinancial position The acLounl.4 rL'pre%Lni charithble fijnd-raising income and expcndiDJre on charitsble aciii'ilics by the Brighton & Hove Soiree Seiilemeni Trubl. Fiinds ai year-end were £62.336 12020.. £56.1981. Included in funds was a designaied fund in respeei of donations for 7.ankibJr lotsllin&F 14.571. Ttsial Cjross Income for thc period w&5 £50.2110 {2020.. £49,381). Total Expcnditure on Charilablc Aciii'ities amounied 10 £52,87912020.. £48.7871. Reserves pollc). As a sinall charity With minimal overhcads and uncomplicated actii'itics. Ihc tnJ5tecs h8N'e decided to keep in reservc approximately thL amount ol. lunds rai.sixl in the prnY¢ding linoncial y¢Jr. plus a coniing¢n¢y ol. £1 O.O(X) io rnccl th¥ nLcd% of an unforcscL'n emLrgLncy or othur uncxpccicd nced for funds. As a general policy long-¢em) coinmiunents for more than a ycar aTC not cntcrcd into, unlcss agrecd by thc Club Council. STRLICTL RE, GOVERfiANCE AND MANAGEMEP*T Governing document The lhilY 15 Lonirolled by its governing documeni. a deed oftrusi and consiituies an unincorw)raied charity. REFERENCE AND ADIIIiNISTRATITr'E DETAILS Registered Charity Number 11388YY Principal address 24 St Mary's Square Brighton BN2 IFZ Page I
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2021
Trustees
MrsGVReed Mrl R Steel Mr S Alldis (resigned 18/8/2021) Ms C Richardson (resigned 18/8/2021) Ms M K Kirk (appointed 18/8/2021) Mr C P Baron (appointed 18/8/2021) Independent Examiner John Thacker FCA DChA Institute of Chartered Accountants in England and Wales Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN29QA
Bankers HSBCPlc 125 Church Road Hove East Sussex BN32AN Stockbrokers Charles Stanley & Co. Ltd 14 Hyde Gardens Eastbourne East Sussex BN21 4PR
Approved by order of the board of trustees 22 April 2022 and signed on its behalf by:
Mr C P Baron- Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
Independent examiner's report to the trustees of Brighton & Hove Soiree Rotary Settlement
I report to the charity trustees on my examination of the accounts of Brighton & Hove Soiree Rotary Settlement (the Trust) for the year ended 30th June 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect ofmy examination of the Trust's accounts ca ied out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John Thacker FCA DChA Institute of Chartered Accountants in England and Wales
Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN29QA
Date: 22 April 2022
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BRIGHTON & Hol SOIREE ROTARY SETfLEMEYr STATEMENT OF FINANCI,IL ACTII'ITIES R THE YEAR ENDED OTH E 21b21 2020 Total funds UnTestrieted funds Noics INCOME AND ENDOWMEf*TS FROM Donations and Icgacics 50,614 49,062 Investment income 196 319 Toial 50.810 49.381 EXPENDITURE ON Charitable activities ManagLmLnl und Administrdlion expenditure Donaiions 1.200 31.679 6C)O 48.127 Total 52,879 48.787 Nct guins un investments 8.207 1,205 ET INCOME 6.1311 1.799 RECONCILIATION OF FUYDS Tol81 funds brough¢ forw4rd 56.198 54.399 TOTAL FUNDS CARRIED FORWARD $6.198 The notes forni part of these financial statements Page 4
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
BALANCE SHEET
30TH JUNE 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fnds | fds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Investents | 6 | 28,003 | 19,796 |
| CURRENT ASSETS | |||
| Cash at ban | 35,008 | 37,061 | |
| CREDITORS | |||
| Amounts flling due witin one year | 7 | (675) | (659) |
| NET CURRENT ASSETS | 34,333 | 36,402 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 62,336 | 56,198 | |
| NET ASSETS | 62,336 | 56,198 | |
| FUNDS | 8 | ||
| Unresticted fds | 62,336 | 56,198 | |
| TOTAL FUNDS | 62,336 | 56,198 |
The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2022 and were signed on its behalf by:
Mr C P Baron - Trustee
The notes form part of these financial statements
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BRIGHTON & Hol SOIREE ROTARI. SETfLEMENT NOTES TO THE FINANCIAL STATEIIEwrs R THE YEAR ENDED OTH E 2D21 ACCOUNTING POLICIES Basls of preparln% ihe flnanelal sitemenls Thc fjnancial sialctl)Cllts of the charity. H'hich is a public b¢n¢fit ¢ntity ulld¢r FRS 102. hav¢ b¢¢n prepar¢d in accordance with ihe Charities SORP IFRS 102) 'Accounting and Re)rtIng by C'.hariiies.' Staiement of ReLointtJended Practice 1ppliCable 10 chaTilies prepating their accounls in accordance with IhL Financial RLporting Standard applicable in the UK and Republie of Ireland IFRS 1021 leffecti%'e l January 20191,. Financial Reporting Siandard 102 'ThL Financial Reporting Srandard applicablc in the UK and Rcpublic of Ircland, and the CharitiLS Act 2011. The lindllci4LI 5tatetnenls hai'e been prepared undei the hi51uTical cust cunvenlioii. wilh the exception ol- inv¢sim¢nts which ar¢ iThClud at mark¢i valu¢. 8s modifi¢d by th¢ T¢valuaiion of ¢¢rtain ass¢ts. All inLome is recogniged in the Siaiemeni of Financial Aciii'iiies once ihe chariry h&$ entitlement io ihe fundq, it is PTobable that the income will be receii'cd and thc amourtt can bc measureil rcliably. Expenditure LIlbillI1¢s ar¢ reCo)i5¢d as expendiluTr as goon as thert is a legal or ¢onslru¢iive obligaiion eoinniitling Ihe ¢harily lo that cxpcndiwre, li is probablc ¢hai a irdDsfcr of economic tn¢fits .11] bc rcquircd in sctilcn)cnt dnd Ihc aniount ol. the oblib>aiion can be measured reliably. Expenditure is accounied for on an accruals basis and has been classified undcr hLJding% Ihdt a¥grcgal¢ all co%t r¢lalcd lo the ¢al¢gory. wh¢ CO%L4 ¢8iinoi b¢ diTccily atiribulcd to PdrticulaT headings they have been alloca*d 10 aciiviiies on a basis consisienl with the use ofresources. (iTanls otTer¢d subject to ¢OTKlilions which have not been mel ai the ye8r end dale #Te noted 85 o cominilmeni bul noi accrucd a¥ expcndiiuTC. Taxatlon The charity is exempt from tax on its charitable aciiviiies. Fund accountlng Unre%tricted furtds can b¢ used in ac¢ordan¢e with the charitable objectives at ihe discrelion of the trustees. Re%tri¢ted funds C1( n only be used for particular re5tncied purw)5es within Ihe object5 tsf the charity. Re%tricliOI)S aTiSC whcn %pccificd by thc donor or when fun$ are rdi.%cd for particular restriclcd purwscs. Going concern- eovid19 The Trusiees consider Ihat there are no material uncertainties oboul the chIly'S abilily to Continue as a going conccm. Page 6 continued...
BRIGHTON & Holf SOIREE ROTARY SETfLEMEYr NOTES TO THE FINANCIAL STATEIIENTS- etsntinutd R THE YEAR ENDED OTH E 2D21 DONATIONS AND LEGACIES 2021 2020 DonatlOn5 aDd legacie5 Cricket Day ZatJzibaT Wonderful Chrisimas Trec Collcction Louse Cannons Clarins Ev¢ning lan Steel Hiilloween Event Easier Eggs Dress galc 28 Ddy Challenge Brrc Loitery Vax C'.enirc Oth¢r In¢om¢ 7.790 12,158 4.398 6.863 1.906 507 i o,o(K) 1.978 755 6.025 9.265 12.-164 8,032 4,569 9,359 2.707 IiYVESTMENT INCOME 2021 2020 Dii'idend% 196 319 Page 7 continued...
BRIGHTON & Hol SOIREE ROTARI. SETfLEMENT NOTES TO THE FINANCIAL STATEIIEMS- etsntinutd R THE YEAR ENDED OTH E 2D21 CHARITABLE DONATtoNs 2021 2020 Charltv Donalion Donation Anthony Nolan Trust Brighion & Hove F(Kxl Partnership B-I'I'C ChLsinui Tree House Covid Itwlia Earlv Elirth Association El Shdddai FarL Share Friends of B&H Hospithls KuD/.wan LiiilL Grc'en Pig LiltlL Si%iir& of Th¢ Poor Puki%liin Book Project 2,5 I.IM)O 3.804 2.738 1.036 3.050 4.865 I.IM)O 5.5(K I,IM)11 I,IM)o I.IM)o 1.200 1.29¥ 1.500 4,Ul? I.IM)O RFUK R TrUK Polio l.O(K> 4,406 R¢Kkin¥ Horse ShLIIL'rboY I li)mcltis SupFrt)rt YMC'A Dewnslink Group Zanjibar (irunii Under £l.(MXI i.o(hi 1.3(M> 8,277 13,293 9.¥42 12 TRUSTF.ES' RTr.MUNTr.RATION.4ND BTr:NF.FITS There were no Irusiees, remuneraiion or oiher benefits for ihe year ended 30th June 2021 nor for ihe year ended 3nih June 202n. Trustees expenses There were no Irustee5' expen5e5 paid for the year ended 30th June 2021 nor for the year ended 30th June 2020. Page 8 continued...
BRIGHTON & Holf SOIREE ROTARY SETfLEMEYr NOTES TO THE FINANCIAL STATEIIENTS- etsntinutd R THE YEAR ENDED OTH E 2D21 FIXED ASSET INVESTMEf*TS Lislcd invesin)enis MARKET I'ALLE At Isl Jiily ?020 Revaluations 19,796 8.207 At 30th June 2021 28,003 NF.T BOOK VALUE At.IOih June 2021 28,003 At 30th June 2020 19,796 There were rto investment assets outside the UK. Cosi or valuation ai 3thh June 2021 is represenied by: Li4l¢d invesinicnig Valuation in 2021 2X,()03 CREDITORS: AMOUNTS FALLING DUE WITHI1% ONE YEAR 2021 2020 Other creditors 675 659 MOI'EMENT IN FUIYDS All funds are unresiricted funds and ihcir movemeni is shown in the Ststemeni ofFinancial Aciiviiies. RELATED PARTY DISCLOSLRES Therc werc no relatcd party tran.sactions for the year cndcd 30th June 2021. Page 9
BRIGHTON & Holf SOIREE ROTARY SETfLEMEYr DETIllLED STATEIENT OF FIN2lNCI..IL AcfiviTIES R THE YEAR ENDED OTH E 2D21 2021 2020 INCOME AND F.NDOWMENTS Donation5 and legacies Donaiions Other Income 41.255 9,359 46,354 2,708 50.614 49,062 Investment Income Dividciid 196 319 Toial Ineomln% rtsourets 50.810 49.381 EXPEf4DITURE Ch#rltahlt aeilvltles ALLI)uniiinLy OihLr runninbi costs Grunts lo inslitulions 675 525 51.679 660 411,127 52.X79 48.7117 Total re%ourLe% expended 52.Y79 48,787 Net If xpc'ndlturevincorne before gains and 1055es 12.069) 594 Relllsed reeognlsed gllns #nd losses Rcalis¢d gainsiilo%s¢.%l fixed as%¢t inv¢stm¢nts 8,207 1,2Q5 Net ineome 6.138 1,799 This page does noi forni part of the statUry fmancial sthiements Page 10