## **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 2024 

The Trustees present their report along with the financial statement for the period ended 31[st] December 2024 

Name Eldwick and Gilstead Gala Association Registered Charity 1177161 Number Financial Period 1[st] January 2024 to 31[st] December 2024 Governing Document Principal Address 37 Harden Lane BD15 0EZ 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 To run events to raise funds to support predominantly Association 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 groups and a children’s pet show. Funds raised are then donated back local organisations and the individual participating groups. 

Bankers Natwest Committee Ian Holdgate (chair) Ann Foster (secretary) Richard Hinsley(treasurer) Bill Hall 

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## _**Structure Governance and Management**_ 

The organisation was created c.1941.  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. Funds raised are then donated back local organisations and the individual participating groups. 

## _**Review of Activities**_ 

In 2024 the Gala continues to be the primary fundraising event through programme advertising sales, a raffle and collection buckets through the period running up to and including Gala day. Due to the generosity of the local people and businesses we continue to maintain our record of giving money to children’s organisations. 

## _**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. Income in 2024 is increased with more advertising and increased raffle sales. We have seen some increase in expenses, most notably regarding event insurance and the cost of entertainment acts for the Gala day. We have marginally increased the level of donations resulting in a moderate decline in the level of reserves. 

## _**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 2024 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 2024 to 31[st] December 2024**_ 

||||||
|---|---|---|---|---|
|||**2024**|**2023**||
||**Receipts**||||
||Children's Disco|362|1,160||
||Pet Show|73|70||
||GalaDay|3,531|<br>2,744||
||Adverts|5,890|4,160||
||Donations|300|1,339||
||Raffle|4993|2,636||
||Other|1,000|1,530||
|||16,148|<br>13,639||
||**Payments**||||
||Children's Disco|(300)|(590)||
||Pet Show|(83)|(191)||
||GalaDay|(5,986)|(4,521)||
||Programme|(1,379)|(1,181)||
||Raffle|(133)|(113)||
||Donations|(3,960)|(3,550)||
||Other|(4,694)|(1,284)||
|||(16,536)|(11,430)||
||||||
||Net receipts/(payments)|(387)|2,209||
||||||
||||||
||||||
||||||
||Transferto/from funds|0|0||
||||||
||**Surplus for the period**|(417)|2209||
||||||
||Cash in hand and at bank<br>introduced fromprioryear|12415|10205||
||Cash in hand and at bank|11998|12415||



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The only significant expenses in 2024 were purchase of a new PA system to support the addition of a youth music stage at the Gala and the general insurance policies. Both are included under other expenses. 

## _**Donations Made for the Year 2024**_ 

Donations were made to the following Organisations. 

|1st Eldwick Brownies|1stBingley Scouts|
|---|---|
|2nd Eldwick Brownies|2ndEldwick Guides|
|9th Bingley Scouts|Eldwick School Association|
|Eldwick Allrounders|The Eldwick Church|
|Eldwick Lawn Tennis|Busy Bees Toddler Group|
|Eldwick Village Society|Rotary Club of Bingley|
|Eldwick Juniors Football|Bingley Harriers|
|Pets as Therapy|Friends of Prince of Wales Park|
|Friends of Myrtle Park||



## _**Statement of assets and liabilities – at 31[st] December 2024**_ 

||Cash Funds<br>£<br>Cash at Bank and in Hand<br>11998<br>Oher Assets<br>£<br>1/2 Share of PA system<br>Active Speaker powered PA<br>650<br>2600<br>Liabilities<br>£<br>Donations toBeneficiaries<br>0||
|---|---|---|



Signed on behalf of the trustees on 

Richard Hinsley 

Ian Holdgate 

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