Registered chaiity number: 1174335 WINDSOR & ETON ROTARY CHARITY Trusto88' Report and Accounts for the year ended 30th June 2024
WINDSOR & ETON ROTARY CHARITY Registered as a charity on 22nd August 2017. Registered Number 1174335 Trustees D P Andrreanu (appointed 1st Juty 2023) G Kidd (Resigned 30th June 2024) R W Lewandowski (appointed 1st July 2023) D F Osmond Address Langleigh, Colliers Lane Peppard Common Henley on Thames Oxon. RG9 5LT Banke Natwest Bank 118 High Street Slough Berkshire SL11JH Lloyds Bank Lewisham Branch PO Box 1000 Andover BX11 LT tockbrokor Charles Stsnley & Co. Ltd. 55 Bishopsgate London EC2N 3AS This appointment ended after the Charitys irNestments were sold in November 2023 Ind S J Roper, FCA Chartered Accountant Lavendale House Broomfield Park Sunningdale Berks SL5 OJS ountant Contents Trustees. Report Independent Examinerfs Report Financial statements
WINDSOR & ETON ROTARY CHARrrY Trus ort for une Detsils of the Charity and its TftL8tees arKI Attvisors are given on the previous page. Structure, governance and management Windsor & Eton Rotary Charity (the Charity) is constituted as a Charitsble Incryrated Organisation and was registered as a charity on 22nd August 2017, Registered Charity number 1174335 The Charity is govemed by a written constitution. The Trustees are the only members of the Charity and their inib'al periods of appointment are stated in constituts"on. The Trustees manage the Charity's affairs. ObJectlv88 and activltle8 The objects of the Charity are the relief of the poor and needy or for the benefit of such other charitable institutions, societies and objects as the Trustees shall. in duly constituted meeting, from time to time decide. Funds are raised for the Charity by the members of the Rotary Club of Windsor and Eton. The main activity urKlertaken for the public benefit in relation to the Charitys objects is the making of grants. The Trustees have h&t regard to the guidan issued by the Charity Commission on public benefit and confirm that the charity meets the criteria. Achlevom•nts and p•rfomMnce The Charity paid out £7,024 in grants arKI donations during the year. These grants covered range of wr)rthy causes, as disdosed in the accounts, in resFrf)n8e to both crises arKI short and longer temi needs locally, nationally arKI internationally. The main fund raising activities Yre the Summer Fayre and Duck Race. Rotary Club members conts'nue to support Windsor Foodshare lch started during ts Covid pandemic. The Trustees ¢)versee investment strategy and decid to move the investment portfolio, realising £168,929 and with £1.297 cash PWKling investment and an additional £645 from General funds, £168,871 was invested into three charity unit trusts. The market value of the investments increased in value by 7.2Vo during the year and yielded £5.671 in dividerKIs. Currently only the income from the portfolio is available to the general fund from 1¢ all payments of general fund grants are made. Flnanclal r8vIèw The Trustees do not have a numerical Oicy on reserv* simply to hold a balance of funds that enab5e a rapid response to emergency needs and, also. to grant towards applications for help from local, national and international causes. The reserves (i.e. the net asset value) at 30th June 2024 stood at £233,325 of bthich £43.987 related to the General Fund and the Trustees confirm that is adequate for the policy stated above. The Trustees are not awdre of any financial risks to thich the Charity is exposed other than the possible reduction in market vaEue of the invesknent portfolio. Declaration The Trustees declare that they have approved the Trustees, Report atM)ve. Signed on behalf of the Charity's Trustees Date: 10-241t D F Osmond Chaiman of the Trust Page 1
WINDSOR & ETON ROTARY CHARITY Inde endent Examinerfs Re rt to the Trustees of Windsor & Eton Rota Cha I report to the trustees on my examination of the accounts of Windsor & Eton Rotary Charrty ('the Charity) for the year ended 30th June 2024 Responslbllltles and basls of report As the charity trustees of Windsor & Eton Rotary Charity you are responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the ACV). I report in respect of my examination of the Charity's accounts carried out under section 145 of the Act and in carrying Out my examination I have followed all the applicable Directions glven by the Charity Commission under section 14515)(b) of the Act. Independent examlnerfs statsment I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 8ivin8 me cause to believe that in any material respect: 1. accounting records re not kept in respect of the Chaiity as required by section 130 of the Act; or 2. the accounts do not acwd th those records. I have no concerns and have come across no other matters in connection with the exarnlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. S J Roper, FCA Chartered Accountsnt Lavendale House Broomfield Park Sunningdale Berks SL5 OJS Date: J8 K* A 6&r Page 2
WINDSOR & ETON ROTARY CHARITY RECEIPTS & PAYMEKfs AccouKr Year onded 30th Jun 2024 Fur#ts Rèstrict8d 2023 Rocdpts Donations Fund raising income Dividends from invesknents Bank intef8St 2,021 6.109 7,381 206 4.269 4,269 5,671 563 11.498 5,671 5,671 Inv•tmont 8al88 Proceeds of sa18s of inveslrnents 166.929 166,929 172,6(KJ 166,929 166,929 178425 Sub total Payments Fund raising costs Charitable activities Investrnent manag8m8nt chaTrJes Purchase of card readers Bank and card charges Repayment of advance payment fw event uedttor 742 6,242 742 7.024 2.788 5,455 1.318 782 19 Sub total Invo•tmMts purcha Cost of invostrnonts purch88ed 168.871 169.518 168.871 171 (1,346) {1,242) 6,137 Transfer8 betsveen fiJnd8 Cash fund8 8t 30th June 2023 Cash funds •t 30th Jun• 1024 1942 Q12 221 45154 51.787 51,291 43,987 STATEMETrif OF no AND LIABIUTI 2023 Ca•h fund• Balano at bankers Balance at stocbro 43.859 51.459 48,569 Other monotary a880t8 Debtors and prepayments Invo8tmonts Investrnents at math8t value 189,338 189,338 Creditors and accwals 110 7,910 N•t assrf value at 30th Jun• 2024 189,338 233,325 217,688 These financial statements Ire apwovwj by the Ttee$ on 2024 arm8 SKJn8d on 1r behalves by.. G J Barb Trustee
NDSOR & ETON ROTARY CHARITY NOTES TO THE ACCO ded 30th Juno 2024 1. Bash of preparatlon These accounts hav8 been prepared as Receipts and Acwunts uNler S.133 of the Charities Act 2011. 2. Ac¢ountlng polkles 2.1 Fund accounllng The charity maintains various types of fvrwjs as fo}kh'. Unrnstrlctsd fund8.' diwded into . Dasignatsd Funds are amounts whith been put aside out of th8 unrestrirted funds at the discretion of th8 Trustees. They tsjmprise a fund to be investad aJrrenty onty the investment inoTh to be exrendgd. . Goneral Unrfjstrlctsd Funds r8present resourc88 which are eypeThSabl8 at the dis(Trbon of th8 Trustoes in the furtheran¢8 of the objects of the chaiity. Ro8trfctsd funds: - Funds donated or raised for speufic purpo. 3. 1)onatlons recelved R••trl¢t•d fund• 2023 Windsor Foodshare Unr08trl¢tsd fund• Christmas & Presid8nVs Night raffles Other colleth'ons and donations 400 121 310 993 993 521 2,021 Total 4. Fund Ral8lng Events Gross 2023 RMtrlct•d fvnd•: Syriarruthey Earthquake Appeal 282.00 282 Unr••trletsd fund•: Windsor Summer Fayre- 2023 Windsor Summer Fayre- 2024 Duck Rac8- 2023 Ouck Race- 2024 Christmas Collection 275 216 205 231 (456) 711 2,019 245 1.929 245 2,714.00 219.00 17.CQ 039 3,321 742 742 3,527 3,527
WIND OR & ETON ROTARY CHARITY NOTES TO THE ACC UNTS Year end 30th June 2024 S. Charltable Activttle8 5.1 Activitie8 From: Unr•8trlctsd lund• Youth Speaks coMtiOnS conlln 2023 75 5.2 Grants and Donatlons From: Restrlctod fund¥ Di8ast8r Em9Jen¢Y Committee Earttquake Appeal Safeplac8s for Ukrainian refl Windsor Foodshare 282 782 From: Unre8trlcted fund8 To Individuals.. O (202> 0) To Organisalions: Churches Tcggther in Windsor Disastsr Emergenw C¢Jmmittee Eartsu8ke Appeal Rotsry Foundation UK Royal Windsor Rose & Horbcultural Soc SheEtsr Box Society of St Vinc8nt de Paul Windsor Boy8 Sd)0 Windsor Girls School Windsor FestlV81 Baby Bank Christmas Book Appeal, ObseTher Windsor Foc¥J8hare Windsor & Eton Christrnas Lights Fund 18 4,424 250 200 250 250 200 100 soo 980 150 1,500 Totsl for Ch•rltablo AclMtIo• 7,024 5,455
WINDSOR & ETON ROTARY CHARITY TES TO THE Accoupirs Year • no 2024 6. Re•trlcted Funds Prince Philip Trust Fund DEC Syria l Turkey eathquake appeal Ukraine Refugees 7,800 282 9,042 1.242 7.8fXI Note A: 10% of the net furKts raised are transferred to the charitys General Fund th8 agrn8m8nt of th8 PPTF. 7. Inv•8lments .6.2024 Martt8t .202 lue Monie$ awaiting investrnent Quoted seojrthes . Charitable Unit Trusts (2023 equities) 1,942 159468 161,410 1,942 168.871 168,871 189 338 189,338 176.599 The sate of tha prevlous Investrnent portfolio 8chleved. over the Tax Cos( a profft of £7,461. See Trustees Report Balane• at 8ank•r• Nat W88t Bank- current alc - business resep 13.331 30,132 43,463 Lloyd8 Bank Sub totsl Less Restricted Unrestrict•J 51,459 7,8CKI 8. Oth•r mon•tary u••t• A number of charitabl8 transactions **re passed through tho Rotary Club of Windsor & Eton Membe¢s account in emr. durThJ the financÉal year and crt'ng entries outstanding at 30th June 2024 A creditor to the Members accourrt vas settled 3.7.2024 A net debtor from the Memb8fs account was settled 8.8.2024 A creditor to the Memtefs account was settled 27.8.2024 -20 Revised unrestrlcted Restricted T¢)tsl cash funds 43987 51787 9. Credltorn and a¢erual• Prince Philip Trust Fund Restrictthd Funds recorded as creditors Members account 110 7,910