## **Eldwick and Gilstead Gala Association**
Charitable Incorporated Organisation Incorporated on 14[th] February 2018
Report of the Trustees
For the period ending 31[st] December 2022
The Trustees present their report along with the financial statement for the period ended 31[st] December 2022
Name Eldwick and Gilstead Gala Association Registered Charity Number 1177161 Financial Period 1[st] January 2022 to 31[st] December 2022 Governing Document Principal Address 41 Pengarth Eldwick Bingley BD16 3DX Charitable Objectives To advance in life and relieve needs of young people in Eldwick, Gilstead and the neighbouring areas by providing grants to organisations that; a) Advance education; b) Provide recreational and leisure time activity in the interests of social welfare for said beneficiaries.
- Activities of the Association To run events to raise funds to support predominantly local organisations which provide facilities and activities for local children and to groups participating in the gala. These events include, but are not limited to, an annual gala, a number of discos for younger children’s age group and a children’s pet show that raise funds which are then donated back to the individual participating groups.
Bankers Barclays Bank, 152 Main St, Bingley BD16 2HS Committee Ian Holdgate (chair) Ann Foster (secretary) Richard Clarke (treasurer) Bill Hall Colin Cresswell
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## _**Structure Governance and Management**_
The organisation was created over 60 years ago. It was formed as an Association and its objectives have remained the same throughout. It is managed by a core committee with a number of additional helpers drafted in when needed to run events. There is a Chairman, Secretary and Treasurer who are re-elected each year. It became a Charitable Incorporated Organisation or CIO in February 2018.
## _**Charitable Aims and Objectives**_
To run events to raise funds to support predominantly local organisations which provide facilities and activities for local children and to groups participating in the gala. These events include, but are not limited to, an annual gala, a number of discos for younger children’s age group and a children’s pet show that raise funds which are then donated back to the individual participating groups.
## _**Review of Activities**_
In 2022 we decided that would not cache for entry, the largest attendance we have had in many a year would be have made it difficult to operate. Instead, we organise a raffle and by people with buckets going round the field on the day. Due to the generosity of the local people and businesses we were able to maintain our record of giving money to children’s organisations.
The charity employs no staff nor does it have any property or buildings so the financial effect of Covid has been minimal.
## _**Policy on Reserves**_
The Association’s policy on reserves is to return as much money back to the community as possible whilst retaining enough money as reserves to fund next year’s activities. In recent years the income has grown sharply due to changes in advertising charges following changing the programme to provide colour print. Reserves generated have therefore been greater than in previous years.
## _**Committee Members Payments, Benefits and Expenses**_
There are no payments or personal expenses paid to any member of the committee.
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## _**Accounting Policies**_
The accounts of Eldwick and Gilstead Gala Association for the period ended 31[st] December 2022 which have been prepared under a Receipts and Payments basis.
Because of this approach donations which apply to a given year do not always show in the accounts until the following year.
There is no income other than that generated by the activities of the Association and as such there are no restricted funds.
## _**Receipts and Payments Accounts – Period 1[st] January 2022 to 31[st] December 2022**_
|**Receipts**
Children's Disco
Pet Show
Gala Day
Programme Sales
Programme Adverts
Donations
Raffle
Other
**Total Receipts**
**Payments**
Children's Disco
Pet Show
Gala Day
Programme
Other
Raffle
Depreciation
Donations
**Total Payments**
**Net receipts/(payments)**
Transfers to/(from) funds
**Surplus for the period**
Cash at Bank and in Hand introduced from
Prior year
Cash at bank and in Hand|2022
2021
**£**
**£**
946
514
87
0
2,563
2,530
0
0
0
0
1,439
6,351
5,684
0
14
0
10,733
9,395
385
140
0
0
4,461
3,309
0
0
0
0
390
0
0
0
4,050
5,200
9,286
8,649
1,447
746
0
0
1,447
746
8,758
8,012
10,205
8,758|
|---|---|
The only significant expense in 2022 was the general insurance policy.
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## _**Donations Made for the Year 2022**_
Donations were made to the following Organisations.
## **Organisation**
1st Bingley Scouts 1st Eldwick Brownies (Wednesday) 2nd Eldwick Brownies (Friday) 2nd Eldwick Guides Bingley Army Cadets Eldwick Cub Scouts Eldwick Juniors Football Club Eldwick Memorial Hall Eldwick Village Society Eldwick Primary School Pat Dogs Scout Hut Eldwick Church
## _**Statement of assets and liabilities – at 31[st] December 2022**_
Cash Funds £ Cash at Bank and in Hand 10,205 Other Assets £ 1/2 Share of PA system 650 Liabilities £ Donations to Beneficiaries 0
Signed on behalf of the trustees on
Richard Clarke
Ian Holdgate
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