REGISTERED CHARITY NUMBER: 1138898
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FOR
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To hold and apply the Trust Fund (and all other monies which may from time to time be received by the trustees) to apply capital and income thereof to or for the relief of the poor and needy or such other charitable purposes as the Brighton and Hove Soiree Rotary Club shall in a duly constituted meeting from time to time direct.
Investments
The Charles Stanley investment funds were realised during 2023 realising £20,293.91. The funds were reinvested in July 2023 in the names of the trustees through iDealing, a platform the cost of which is less expensive for the charity than Charles Stanley. Unrealised gains in investment during the year is £1,419.
FINANCIAL REVIEW
Financial position
The accounts represent charitable fund-raising income and expenditure on charitable activities by the Brighton & Hove Soiree Settlement Trust.
Funds at year-end were £48,355 (2024: £55,307).
Total Gross Income for the period was £30,994 (2024: £23,955).
Total Expenditure on Charitable Activities amounted to £39,343 (2024: £31,833).
Reserves policy
As a small charity with minimal overheads and uncomplicated activities, the trustees have decided to keep in reserve approximately the amount of funds raised in the preceding financial year, plus a contingency of £10,000 to meet the needs of an unforeseen emergency or other unexpected need for funds. As a general policy long-term commitments for more than a year are not entered into, unless agreed by the Club Council.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1138898
Principal address
24 St Mary's Square Brighton BN2 1FZ
Trustees
Mrs G V Reed Mr I R Steel Mr C P Baron
Page 1
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Dr Shona F Wardrop C.A Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
Bankers HSBC Plc 125 Church Road Hove East Sussex BN3 2AN
Approved by order of the board of trustees on 17 February 2026 and signed on its behalf by:
Mr C P Baron - Trustee
Page 2
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 30 June 2025.
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 of my examination of the Trust's accounts carried 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
-
the accounts do not accord with those records; or
-
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.
Dr Shona F Wardrop C.A The Institute of Chartered Accountants of Scotland
Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
18 February 2026
Page 3
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 30,189 - Investment income 2 805 - Total 30,994 - EXPENDITURE ON Charitable activities Management and Administration expenditure 756 - Donations 32,839 20 Fundraising 5,748 - Total 39,343 20 Net gains on investments 1,417 - NET INCOME/(EXPENDITURE) (6,932) (20) RECONCILIATION OF FUNDS Total funds brought forward 55,287 20 TOTAL FUNDS CARRIED FORWARD 48,355 - |
2025 Total funds £ 30,189 805 30,994 756 32,859 5,748 39,363 1,417 (6,952) 55,307 48,355 |
2024 Total funds £ 23,256 699 23,955 780 31,053 - 31,833 3,075 (4,803) 60,110 55,307 |
|---|---|---|
The notes form part of these financial statements
Page 4
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
BALANCE SHEET 30 JUNE 2025
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Investments 4 24,785 - CURRENT ASSETS Debtors 5 48 - Cash at bank 24,913 - 24,961 - CREDITORS Amounts falling due within one year 6 (1,391) - NET CURRENT ASSETS 23,570 - TOTAL ASSETS LESS CURRENT LIABILITIES 48,355 - NET ASSETS 48,355 - FUNDS 7 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 24,785 48 24,913 24,961 (1,391) 23,570 48,355 48,355 48,355 - 48,355 |
2024 Total funds £ 23,368 - 32,719 32,719 (780) 31,939 55,307 55,307 55,287 20 55,307 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 February 2026 and were signed on its behalf by:
Mr C P Baron - Trustee
The notes form part of these financial statements
Page 5
BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements are prepared in sterling, which is the functional currency of the entity and are rounded to the nearest pound.
At the time of approval of the financial statements, the Trustees had a reasonable expectation that the charity had adequate resources to continue in operational existence for the foreseeable future, and on that basis the charity is considered to be a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Dividends | 805 | 699 |
continued...
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BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
4. FIXED ASSET INVESTMENTS
| Cash and Listed settlements investments pending £ £ MARKET VALUE At 1 July 2024 22,736 632 Additions - 12 Revaluations 1,405 - At 30 June 2025 24,141 644 NET BOOK VALUE At 30 June 2025 24,141 644 At 30 June 2024 22,736 632 |
Totals £ 23,368 12 1,405 |
|---|---|
| 24,785 | |
| 24,785 | |
| 23,368 |
There were no investment assets outside the UK.
Cost or valuation at 30 June 2025 is represented by:
| Cash and Listed settlements investments pending £ £ Valuation in 2024 22,736 632 Valuation in 2025 1,405 12 24,141 644 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Other debtors 48 |
Totals £ 23,368 1,417 |
|---|---|
| 24,785 | |
| 2024 £ - |
continued...
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BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Other creditors | 1,391 | 780 | ||||
| MOVEMENT IN FUNDS | ||||||
| Net | ||||||
| movement | At | |||||
| At 1/7/24 | in funds | 30/6/25 | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 55,287 | (6,932) | 48,355 | |||
| Restricted funds | ||||||
| Brighton Table Tennis Club | 20 | (20) | - | |||
| TOTAL FUNDS | 55,307 | (6,952) | 48,355 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 30,994 | (39,343) | 1,417 | (6,932) | ||
| Restricted funds | ||||||
| Brighton Table Tennis Club | - | (20) | - | (20) | ||
| TOTAL FUNDS | 30,994 | (39,363) | 1,417 | (6,952) | ||
| Comparatives for movement in funds | ||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1/7/23 | in funds | funds | 30/6/24 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 59,090 | (3,803) | - | 55,287 | ||
| Restricted funds | ||||||
| Brighton Table Tennis Club | 20 | - | - | 20 | ||
| Turkish Earthquake Relief | 1,000 | - | (1,000) | - | ||
| Ukraine Emergency Relief | - | (1,000) | 1,000 | - | ||
| 1,020 | (1,000) | - | 20 | |||
| TOTAL FUNDS | 60,110 | (4,803) | - | 55,307 |
7. MOVEMENT IN FUNDS
continued...
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BRIGHTON & HOVE SOIREE ROTARY SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | Movement | |
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 23,043 | (29,921) | 3,075 | (3,803) | |
| Restricted funds | |||||
| Ukraine Emergency Relief | 912 | (1,912) | - | (1,000) | |
| TOTAL FUNDS | 23,955 | (31,833) | 3,075 | (4,803) |
All funds are unrestricted funds and their movement is shown in the Statement of Financial Activities.
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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