## **The Rotary Club of Andover Benevolent Fund**
**A Company Limited by Guarantee No: 10176021 in England**
**Directors’ and Trustees Report and Financial Statements**
**For the year ended 30 June 2022**
**Registered Charity No: 1169164**
## **The Rotary Club of Andover Benevolent Fund**
## **A Company Limited by Guarantee No: 10176021 in England Registered Charity No: 1169164**
## **Company Information**
Directors and Trustees P Howson D Moulton C Rose M Peacock I Carpenter Registered Office San Juan The Chase Ringwood England, BH24 2AN Charity Registration Number 1169164 Accountants Westlake Clark Limited 7 Lynwood Court Priestlands Place Lymington Hampshire SO41 9GA
- 1 -
## **The Rotary Club of Andover Benevolent Fund**
## **Contents**
||**Page**|
|---|---|
|Directors’ and Trustees’ Report|**3 - 4**|
|Statement of Financial Activities|**5**|
|Balance Sheet|**6 - 7**|
|Notes to the Financial Statements|**8 - 10**|
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## **The Rotary Club of Andover Benevolent Fund**
## **Directors’ and Trustees’ Report For the year ended 30 June 2022**
The Directors and Trustees present their report and accounts for the year ended 30 June 2022.
Our main objective is to continue to provide comforts either in cash or kind for the relief of the aged or poor and other deserving persons residing within the borough of Andover and the surrounding district. The Club will also make contributions towards the general purposes of such charitable institutions in the UK or elsewhere in such a manner as the Trustees shall, from time to time, determine.
During the year donations received amounted to £6,612 (note 10). In addition Fundraising activities generated a further £24,280 (note 11). During the year the Trustees agreed to make donations totalling £24,196. Unrestricted Funds carried forward amounted to £14,138 at the end of the financial year.
Designated Funds relate to the Club’s ‘CRUSH’ Project which at the end of the financial year stood at £3,288. The project provides funds for The Andover Crisis and Support Centre who conduct structured courses of group support within local schools. The courses are for young people within the age range 13-18 that are at risk of or affected by domestic abuse. During the year income of £5,376 was received.
The Trustees continue to hold fundraising events within the local community in order to support the very worthy organisations looking for specific grants for their ongoing projects
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## **The Rotary Club of Andover Benevolent Fund**
## **Directors’ and Trustees’ Report (continued) For the year ended 30 June 2022**
## **Directors and Trustees**
All directors of the company are also trustees of the charity, and there are no other trustees. All of the trustees are named on page 1.
## **Approval**
This report was approved by the board of Directors and Trustees and signed on its behalf by :
D Moulton Trustee and Chairman
Date:
- 4 -
## **The Rotary Club of Andover Benevolent Fund Statement of Financial Activities for the year ended 30 June 2022 including Income and Expenditure**
|**Income and endowments from:**
Donations
10
Fundraising activities
11
Subscriptions
**Total**
**Expenditure on:**
Charitable donations:
Kenyons
Ukraine Appeal
Rotary Foundation
Unity
COBH
Andover NCT
Andover Young Carers
Shoe Sox Subsidy
Lendwithcare
Citizens Advice Test Valley
King Arthurs Way Community
Association
Andover Choral
Rotary Web site
Shelter Boxes
Asthma UK
Andover Crisis Centre
Sundry expenses
Administration expense :
Accountancy fees
**Total**
**Net Surplus/(Deficit)**
**Reconciliation of funds:**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Designated**
**Total**
**Unrestricted**
**Designated**
**Total**
**2022**
**2022**
**2022**
**2021**
**2021**
**2021**
**£**
**£**
**£**
**£**
**£**
**£**
6,612
-
6,612
3,688
-
3,688
24,280
-
24,280
8,091
-
8,091
-
5,376
5,376
-
2,400
2,400|
|---|---|
||30,892
5,376
36,268
11,779
2,400
14,179
4,500
14,414
-
-
4,500
14,414
2,300
-
-
-
2,300
-
1,975
-
1,975
1,639
-
1,639
530
-
530
1,000
-
1,000
1,000
-
1,000
515
-
515
-
-
-
500
-
500
385
-
385
-
-
-
181
-
181
-
-
-
-
-
-
225
-
225
-
-
-
500
-
500
-
-
-
500
-
500
70
-
70
200
-
200
50
-
50
50
-
50
600
-
600
1,800
-
1,800
-
-
-
100
-
100
-
8,000
8,000
-
-
-
491
-
491
-
-
-
660
660
630
-
630|
||24,856
8,000
32,856
9,959
-
9,959
6,036
(2,624)
3,412
1,820
2,400
4,220
8,102
5,912
14,014
6,282
3,512
9,794|
||14,138
3,288
17,426
8,102
5,912
14,014|
The notes on pages 8 to 10 form an integral part of these Financial Statements. - 5 -
## **The Rotary Club of Andover Benevolent Fund**
## **A Company Limited by Guarantee No: 10176021 in England Registered Charity No: 1169164**
## **Balance Sheet as at 30 June 2022**
|**Notes**
**CURRENT ASSETS**
Debtors
Cash at bank and in hand 3
**CREDITORS: amounts falling**
**due within one year**
4
**NET CURRENT ASSETS**
**NET ASSETS**
**CAPITAL AND RESERVES**8
Unrestricted funds
Designated funds
**TOTAL FUNDS**|**2022**
**£**
**£**
**-**
18,716
**18,716**
(1,290)
**17,426**
,496
**17,426**
14,138
3,288
42,496
**17,426**|**2021**
**£**
637
14,007
**14,644**
(630)
|
**£**
**14,014**
,496
**14,014**
8,102
5,912
3,308
**14,014**|
|---|---|---|---|
The Directors’ and Trustees’ statements required by Section 474(2), (3) are shown on the following page, which forms part of this Balance Sheet.
The notes on pages 8 to 10 form an integral part of these financial statements.
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## **The Rotary Club of Andover Benevolent Fund**
## **A Company Limited by Guarantee No: 10176021 in England Registered Charity No: 1169164**
**Balance Sheet (continued) as at 30 June 2022**
For the financial year ended 30 June 2022 the Company was entitled to exemption from an audit under Section 477 of the Companies Act 2006 relating to small companies.
## Directors and Trustees responsibilities:
The members have not required the Charity to obtain an audit of its accounts for the year in question in accordance with section 476;
The directors and trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The Accounts are prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved on behalf of the Board on ……………. and signed on its behalf by:
…………………… D Moulton Trustee
The notes on pages 8 to 10 form an integral part of these Financial Statements.
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## **The Rotary Club of Andover Benevolent Fund**
## **Notes to the Financial Statements For the period ended 30 June 2022**
## **1. Accounting Policies**
## **1.1. Summary of significant accounting policies and key accounting estimates**
The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **1.2. Statement of compliance**
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 (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **1.3. Basis of preparation**
The Rotary Club of Andover Benevolent Fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **1.4. Going concern**
The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **1.5. Exemption from preparing a cash flow statement**
The Charity has taken advantage of the small entity exemption available under FRS 102 and has not prepared a cash flow statement..
## **1.6. Income**
- Donations and grants are accounted for as received by the charity plus the gift aid income tax recoverable on those donations.
## **1.7. Expenditure**
Expenditure is recognised in the period in which it is incurred, inclusive of irrecoverable VAT.
Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
## **1.8. Funds**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
The designated fund (Crush Project) has been established by the Trustees for The Andover Crisis and Support Centre who conduct structured courses of group support within local schools. The courses are for young people within the age range 13-18 that are at risk of or affected by domestic abuse.
Further details of each fund are disclosed in note 8.
- 8-
## **The Rotary Club of Andover Benevolent Fund**
## **Notes to the Financial Statements For the period ended 30 June 2022 (continued)**
## **2. Taxation**
The company is a registered charity and is, therefore, exempt from taxation.
|**3.**
**Cash at bank and in hand**
Unrestricted funds
Designated funds
**4. Creditors (amounts falling due within one year)**
Accruals
|**2022**
**£**
15,428
3,288
18,716
**2022**
**£**
1,290
1,290|**2021**
**£**
8,095
5,912
14,007
**2021**
**£**
630
630|
|---|---|---|
||
||
## **5** . **Trustees’ expenses, remuneration and benefits**
During the period, no expenses were reimbursed to trustees, nor did they, or any connected persons, receive remuneration or benefits.
## **6. Liability of members**
By the constitution of the charity, the guarantee of each member is limited to £1.
## **7. Controlling party**
The Charity is controlled by the Trustees who are all directors of the Company.
## **8. Analysis of funds**
|**8. Analysis of funds**||||
|---|---|---|---|
||**Balance**|**Incoming**|**Resources Balance**|
||**01.07.2021**|**resources**|**expended 30.06.2022**|
||**£**|**£**|**£**
**£**|
|**GENERAL FUNDS**||||
|Unrestricted income funds 8,102||30,892|24,856 14,138|
|**DESIGNATED FUND**|5,912|5,376|8,000 3,288|
||**14,014**|**36,268**|**32,856 17,426**|
||**Balance**|**Incoming**|**Resources Balance**|
||**01.07.2020**|**resources**|**expended 30.06.2021**|
||**£**|**£**|**£**
**£**|
|**GENERAL FUNDS**||||
|Unrestricted income funds 6,282||11,779|9,959 8,102|
|**DESIGNATED FUND**|3,512|2,400|-5,912|
||**9,794**|**14,179**|**9,959 14,014**|
None of the funds are restricted in either the current or previous year.
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## **The Rotary Club of Andover Benevolent Fund**
## **Notes to the Financial Statements For the period ended 30 June 2022 (continued)**
## **9. Net assets by fund**
|**Unrestricted Designated**
**Funds Reserve**
**£**
**£**
Current assets (bank accounts) 15,428 3,288
Other assets
-
-
Creditors : amounts falling due
within one year
(1,290)
-
Net assets
14,138 3,288
**10. Donations**
Donations
Gift Aid recovered
**11. Fundraising activities**
Ukraine Appeal
Polio Plus Donations/Collections
Shelterbox Receipts
TVBC Grant re Mayors Picnic
Sainsbury tin shake
Covid-19 Donations
Weekly Donations
Street collection
Lendwithcare receipts
Easy Fund Raising
Cyclethon sponsorship
|**Unrestricted Designated**
**Funds Reserve**
**£**
**£**
Current assets (bank accounts) 15,428 3,288
Other assets
-
-
Creditors : amounts falling due
within one year
(1,290)
-
Net assets
14,138 3,288
**10. Donations**
Donations
Gift Aid recovered
**11. Fundraising activities**
Ukraine Appeal
Polio Plus Donations/Collections
Shelterbox Receipts
TVBC Grant re Mayors Picnic
Sainsbury tin shake
Covid-19 Donations
Weekly Donations
Street collection
Lendwithcare receipts
Easy Fund Raising
Cyclethon sponsorship
|**Total funds Total funds**
**2022 2021**
**£**
**£**
18,716 14,007
- 637
(1,290) (630)
17,426 14,014
**2022 2021**
**£**
**£**
5,673
2,337
939
1,351
6,612
3,688
**2022 2021**
**£**
**£**
16,344
-
-
423
600
1,375
950
-
261
-
1,471
5,360
650
-
1,339
566
160
65
135
102
2,370 200
24,280
8,091|
|---|---|---|
||
14,138 3,288|
17,426|
|||
**2022**
**£**
5,673
939
6,612
**2022**
**£**
16,344
-
600
950
261
1,471
650
1,339
160
135
2,370
24,280|
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