The Welbeloved Club for the year ended 310t October 2023 Pago Contonts Annual report Annual accounts Statement of assets & liabilities Notes to the accounts The Welbeloved Club Th8 Welbelov8d Club (fha Club) is a Registered Charity in England & Wales (no. 1190165) Annual report for the year ended 31•t October 2023 Main addross 26 Ellenborough Closè. Bishops Stortford. CM23 4HS Trustees Name Phili D8eks Chair Gillian Gill Treasurer Kat Pulford Jean Palfr8man Chartott8 Richardson Bankers Metro Bank. On8 Southampton Row. London. WCIB SHA The Club's structure, governance and managemont The Club was established as a charity In August 2017 and registered with the Charlty Commission In January 2020. The Club is constituted as a Charitable Incorporated Organisation {ClO). Th8 Club is overseen by Its trustses for tha benefft of Its members. A new trustse must have the necessary skills, knowlgdge, and experience and be appointed by a resolution passed at a Trustees, meelng. The Tru8tees meet belween 4 and 6 times a year. Weekwon-W8ek the Club is manag8d by Jo Sydes (nee Gill). who set up the Club. Around the end of the period a management t6am was set up to deal with increaslng demands of various aspects of management, includlng volunte6r recruitment. membership enquiries and general administration. Actfvitlos and obJeetiv8$ Thè Club arranges a full Sunday lunch once a month for its members - elderly people who are lonely and l or soclally isolated. Ov8r a hundred peopl6 come to Sawbrfdgeworth Memorial Hall, Herts (or are drfven there and back as necessary) whére the lunch is cooked. served and cleared away by volunteers. This facilitates 80cial inlora(aion in a Comfortlng envlronm8nt. Summary of tho rnain achlovomènts and perfornwnce during tho poriod The Club o)ntinu8S to make good recovery from the Covld parKlemic and has seen membership and volunteer numbers steadlly Increase. Th8 Introduction of the management tèam has succassfully supported both the founder and trustees and means the Club is able to keep on top of demand and glve members and volunteers a g(x)d experience. We recognise that our success is directly related to the volunteers, exp8rf8nce and do not také Ihe impact our volunteers have on our guests, experience lightly. We are incredibly grateful for th8 tirne all our volunteers give up to improve the lives of othèrs. Th8 faedback we oftan hèar from our voluntears is that thgy gèt Just as much from Ihe exparience as our guests and members. Th8 Club ¢ontinu8S to host monthly lunche8 and Is now lookirvJ at startlng extra fund raising activities to support its members. The Club has purthased challenge event places for the Brighton Marathon and has successfully allocated these places. The aim is that the fundraisers raise enough mon8y to purchase a v8hide, so lunches can be hosted at dÉfferent locations at varying sizes. The Club hosted another successful Christmas lunch with the Support of the local newspaper and communty. Everything needed to host lunch was donated so th8 Club was ablg to host Christmas lunch free of charge br the members. Transport has be8n successfully navigatsd, with 8 thorough revl8w of who 15 ¢urrenUy accessing it. As a result, it now means that thosè m05t in need are able to use transport. Where this used to be free, the Club will be introducing a £2 charge for those using transport. Following a revi8w of food costs th8 f88 for lunch will also b8 increasing from £10 to £13. We will continue to offer support to anyone wh8r8 this might be a barrier to entry. Flnanclal revlow Our membership numbers have grown, which can be seen by the incroaso in lunch receipts. The cost to put a lunch on has also Increased thereby keeping any residual income slightly subdued. The Club has b88n v8ry lucky in receiviTr3 repeat donatlons around Christmas from 80me local businesses and residents. One of our volunteerfs employers salected The Welbeloved Club as thelr charity of th8 year donating £5,000 to us in recognition of the work the Club Is doing trj relieve social isolation and loneliness within the local, old8r community. A full list of donors can b8 found on page 6. A local law finn was retalned to rewrite all relevant policies. This reinforcas our desire to promote best practi** in everyihing we do. Our financial situation remains strong and we are exploring potential opportunities to support our members further. The Club has no debts and does not hold any funds as custodian trustee. Signed on behalf of the trustees.. Signed Chair Philip Deeks Date The Welbeloved Club Annual Accounts for the year ended 31 •t October 2023 (prepared on a receipts and payments basls) 2023 2022 Recolpts Grant Donations Lunch receipts East Hert8 Lottery Bank Interest Other recèipts Total recolpts 200 13511 9701 320 15 349 24096 8098 11663 402 151 121 20435 Paymonts Cost to put on lunches {incl. hall & bu8) 10496 pps Hire Charges Advertising & Mark8ting Equipment Training Insurance Admin 8xpen5es Prof8ssional Fees Voluntèer Expens8S Subscripts'ons Miscellan8OUS Total Payments 8798 741 65 569 750 698 47 42 288 712 395 1086 1800 291 271 17039 320 23 11876 Net r8C8lptsl(p8yments} 339 1222 Capitsl Equipment (Asset) 3202 622 Net receipts 11598 Bank and cash at the start of the period 18982 Bank and cash at the and of the period 1 176 18982 The Welbeloved Club Statement of assets and liabllities at 318t October 2023 2023 2022 Cash assets Current 8ccount Deposit account Petty cash Total cash a88ets 661 18495 20 19176 1217 17736 29 18982 Other a8S0ts Catering equipment at purchase price. Not depreciated annually. Total cost of other assets Liabilities None expected outside those al￿adY received. These financial statements are accepted on behalf of the organisation by.. Signed . Treasurer Dated Gillian Gill The Welbeloved Club Notes to the accounts for the year ended 315t October 2023 1. Receipts & payments accounts Re￿Ipts and payments accounts 8re slatements that summarise the movement of cash Into and out of the organlsallon durlng the financial year. In this context "cash. includes cash equivalents, for 6xampl8, bank accounts where cash can be readlly withdrawn to pay for debts as they b6com8 due. 2. Grants & Donatlons Grants None Total Donation$ MrA Stotgn H8ms Tobl8S K8ssler Bamett St. Mlchaels School Glll Freemasons Schroeder PLC CAF Donations oth8rDonations Total 250 750 500 500 177 84 50QO 150 187 8098 Note- Other donatlons Indude Just Glvlng, Amazon Smi18, Paypal giving & Glvlng Machlne Total grants and donaiion8 3. Trustea remuneratlon The Club has no employees. Currently all work for the Club Is undertak8n on a voluntsry b8818 for no payment. No payments were made to any trustees durfng the period.