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2024-06-30-accounts

Rotary Club ofGloucester Quays Financial Statements Year Ended 30 June 2024 Charity registration number 1170196

Rotary Club of Gloucester Quays Financtal Statennts Year Ended 30 June 2024 Independent ExawAnerfs Report to the Twstees of The Rotary Club of Gloucester Quays I reportb Ihe trustees on rny examination of accounts ofthe Rolary Club of (3OU￿ster(￿3Y5f0r the yearended 30 June 2024. RespcThibikties and basis of rEPWt A8 Ihe trustees of Ihe Charity you are responsible br the pr8paration ofthe artounts in aeeonlance wrlh the requirements of the Charities Act 2011 ('Ihe Acfl. I report in respect of rnyexamination ofthe Charity's a1￿unts caryied outunder s. 145 oftre 2011 Act and in Ixrrying out my examinath.on I hav@ followed all the appli(8ble direclions given by Ihe Charity Commission unders. 14515Xb) of Ihe Act 1nde￿ndentexaM1n￿r'S ststemènt I have complekd my exanwnalion. I confim Ihatno rnatsrial rnatters have COMB t) rny atsnlion in wnneclion wilh Ihe examination glving me cause to believe Ihat in any material respect 11 a(xx)unting re(rfyrds were not kept in respect ofthe Charity as required by section 130 oflhe Art or Ihe acwunts do notac£ord wilh Ihose records" or 31 the accounts do notcomply WFth the appli(able requirements Ujn￿mIng Ihe >Tm and contsntof accounts setout in the Chari"es IAettunls and Reporfsl Regulations 2(Kl8 other than any requirement trbatlhe accounts give a 'true and fair view which is r￿la mattercg)nsideTed as partof an indeperKlentexanMnation. I have no con￿rr￿s and have come arx¢Jss olher malkn in (￿nne(￿Jon wlh Ihe examinabon b which alten1ion should be drawn in this reportin order to enable a proper undersknding oflhe a(x))unts kn be reathed. &gned 15 Aprtl 2025 WAbbott FCA Randall & Payne LLP Chargrove House Shurdingtrln Cheltenham CI514GA Page 1

Rotary Club of Gloucester Quays Charity registraknon n￿￿1 ber 1170196 Financial Statements Year Ended 30 June 2024 Trustees Annual Report The Management Committee present their report for the year ended 30 June 2024. Structure, GovernarKe and Managemert The Rotary Club of GIOU￿ster ()Jays re￿ived its charterfrom Roiary Inlemational in 2009 and applied for charitable slakns in 2016. It is govemed in accxJrdanc£ wilh li8 ITUSI d(￿rnent and a￿OrdInglY has appointed a Management Committee k) assist the trustees in overseeing its operations. Objectives and Activities As a dub within Rotary in GIoU￿Ster. Ihe charity runs fundraising events and assists o¢hef organisations in doing so. The frjndsare donated k) otherlo(xl. nalional and intemational charib'es. In addition. funding is allocated to the supportof indivlduals whose acttvities are to Ihe bettern￿nt of a section of the local community. The Charity organised a number of events which were primarily for the purpose of fundraising but in addib'on, brought together different 5edions of the local community. In 2024, these induded The Gloucester Beer Festival. The QOU￿ster 10k run and a Comedy Night. A total of£64.503 was raised from activities during the year from such events. Public Benefft The Management Commiitee has considered the Charity commi￿on'S guidan￿ on public benefi( in planning the activities undertaken by the Rolary Club of (Jouosler lJJays. Each ffinancial year. the Club's Presidentselects a local, national and intemational charity as the Club's nominated Charities for Ihatyear. In addition. aid funding is provided lo as5islrelieflo partiwlarevents ordisasters ocojring during the year. A list of Ihe charities, organisabons and indvidu21s benefilling from donations in the yearare delailed in no￿ 4 of the accounts. In 2024, the Club made donations kjtalling £36,920. Funds from one eventwere received post year end and fijrther donations were made following receipt. The beneficiary re￿Iving the most significant donation was the James Hopkins TrusL The Trustees consider Ihal the Rotary Club of GIOU￿ster ￿ayS meets Ihe public benefit requirement and (xjnfirms that it has taken intrj accountthe In￿)[rr￿tion conlained in Ihe Charity commi￿on general guidance on public benefit. Icontnued) Page 2

Rotary Club of Gloucester Quays Charity registrab'on number 1170196 Financial Statements Year Ended 30 June 2024 Trustees Annual Report {continued> Financial Review The charity consider5 Ihal it should maintain a minimum of £5.000 in cash resep4es at any point in lime. This enables the Club b fjnance events being organi5ed kjr fulure dates as well as having sufficient to respond to a particular disaster appeal. The Club has mainlained Ihis level of reserves throughout its operakn'ons in Ihe year. Fund raising and other activilies have significanlly irrproved on earlier years wilh a very active and growing membership within the Club. The Club is justiffiably prDud of the level of donations it has been able to make to worthwhile causes which highlights the benefits of indviduals worktng togethertowards ￿MmOn cause. Trustees Trustees who served during the year were- Peter Evans Chair Aridrew Jarrett Julie Cook Peter Morgan All members of Ihe Management Committee reb're at the AGM but may seek re-election Princtpal Office for Corresp(xthnce Goodridge Court (J)odridge Avenue GIOu￿ster GL2 SEN The attached accounts are prepared in accordan￿ with applicable Accounb'ng Slandards, the Charities Act2011 and the Charities SORP (FRS102). Approved by the board of trustees on 15 April 2025 and signed on its behalf Peter Evans Page 3

Rotary Club of Gloucester Quays Financial Statements Year Ended 30 June 2024 Statement of Financial Activities 2024 2023 Unrestricted Funds Un[estri￿ed Funds Incorne Charitable Activities Fund Raising Events and Activities 64.503 50.323 64,503 50,323 Expenditure Fund Raising Events and ActtVFties 21.628 10,814 Charitable Activities 36.920 23.053 58.548 33,867 Net income l (Expenditure) 5,955 16.456 Page 4

Gloucester Quays Rotary Club Balance Sheet Year Ended 30 June 2024 2024 2023 Lkwestricted FuThJs strictwj Funds Cash at Bank Holding Account 22 22 Charity A(xx>unt 41.790 20.402 Prepayments & ACc￿￿d Income 6.397 16.093 Creditors & Accruals (6.432) (695) Totsl assets 41.777 35,822 Represented by= Retained Charitable Funds BrDught Forward 35.822 19.366 Ex￿s5 of Income over Expenditure for Year 5.955 16.456 Carried forward 35.822 The financial State￿nIS were approved by the Board of Trustees and authorised for issue on 15 April 2025 and were signed on its behalf by: Peter Evans TTEasurer Page 5

Rotary Club of Gloucester Quays Financial Statements Year Ended 30 June 2024 Notes to the Financial Ststements Accounting Policies a) Basis of pre￿ratiC These fmancial staterrents have KYepwe(l under listo1￿1 ¢(K%t COnv￿t¥￿ and aCc￿dance wth aw)licable Accounting Standarits. the ￿arItIeS Act 2011 arKI the Cknarities SORP (FRS102). The accnjals basis of acc￿nting is usul for and eXp￿<￿tUre. b) Incorrllng resources IncrKre is rec Fund accounting lthrestricted funds are availalAe to further any of the purpctses of ch&ity. Fèstricted funds are donated for a ￿rtIc￿ar area ￿ the chaiity rx s[ECif￿ w01￿lS Fund Raising Events and Activities Income GIOu￿ster 10k income {profrt 2023) 100 Club Inco￿ CorrEdy night income Santa's Sle￿h Beer festival incon Donations & Trknkners fundraising 2024 2023 28,683 3,732 10,009 617 21,222 240 18.800 3,930 7,963 818 18,244 568 50,323 In 2024 the Chaffiy O￿aniSed the Glos 10K reCeiV￿g all donalDns and payKig expenses. In prior years the Charity re￿Ned the net surplus only from a third party organiser. Fund Raising Events and Activities Expenses Gloucester 10K costs 100 Club piizes Coffedy night costs Beer festtval costs Sundry activity costs 2024 2023 10.882 720 1.410 8,400 216 900 1,270 8.334 310 21,628 10,814 Page 6

Rotary Club of GloucesterQuays Financial Statements Year Ended 30 June 2024 Notes to the Financial Statements Donations lo Organisations 2024 2023 Air an*ulan Food bank Comnwnty abyards KKIS Out rcy Shps shelte￿0X En￿lS Gift The MUS￿ Woths James Hopk¥is TNst SAFiA Den￿ntIa UK Glos & th'strict Vol. Samaiitans Def￿ri12t0 Ukn3ine Turf(ey Swi2 Paktstan {RIBI) Catch 2 Srrde [￿d￿d￿g roofv)g) Tuk Tuk This Gttl Rows Glos Cty Safe Rotary FOundat￿n Sunflower Passion Frsl AMI Glos Feed the Hungry Stiike a Light 5,000 5,000 3.159 1.129 1.000 1.000 1.000 1.000 500 3.000 716 3.000 1,000 15.000 3.000 3,000 3.000 471 500 1.000 500 1,044 250 500 1.870 1.000 900 684 500 250 Charity Account vements thffjugh the Chaiitab￿ funds ￿￿)nded as fol0￿. 2024 Charity Event ACC[￿lS & 2024 O￿nIng Takings Donations Cosls PreFla￿erts Closing cfwd Hokling bank a￿￿)Unt Chaiity bank acwunt AcL7uals I prepa￿nents 22 20,402 15.398 22 41,790 {35) 64.503 (36,920) (21.628) 15.433 {15.433) 1.628 Page 7

Rotary Club of Gloucester Quays Financial Statements Year Ended 30 June 2024 Notes to the Financial Statements Prepaid Costs & ACc￿￿d Income 2024 2023 Beer Festival costs paid in advance- ￿firquee 461 293 GIOu￿ster Iok Charitab￿ income receivable 5.936 15,800 16.093 Funds raised from June 2023 Gloucester 10k ￿re re￿iVed into the charity bank in October 2023 Accruals & Deferred Income 2024 2023 Costs paid after dats Kids ￿t coach hire GIou￿ster 10k 426 5.356 295 IT￿m@ received fcr 2024 everts Beer festNal sponsorship 650 400 6.432 695 Trustees. Remuneration and Benefits There vrfere no trustee's remuneratDn orother benefrts for the year ended 30th June 2024 nor for the year ended 30th June 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 30th June 2024 norforthe year ended 30th June 2023. Page 8