Abergavenny Rotary Charitable Incorporated Organisation ## **Registered Charity Number 1190919** ## **Trustees Annual Report for the year ended 30[th] June 2022** ## **Governing Document** The Abergavenny Rotary Charitable Incorporated Organisation (CIO) was founded on 18[th] August 2020 by the Rotary Club of Abergavenny. The objects of the CIO are: The relief of the poor and needy in Abergavenny and surrounding area, any other part of the United Kingdom or elsewhere in the world, or such other charitable purpose as members of the CIO shall in duly constituted meeting direct. ## **Trustees** The trustees of the CIO are the President, the President Elect, the Secretary, and the Treasurer of the Rotary Club of Abergavenny. Their term of office is 1[st] July to 30[th] June the following year. The following were trustees for the year ended 30[th] June 2022. Charles Harper, President Robert Parker, President Elect and Secretary Geoff Ball, Treasurer All members of the Rotary Club of Abergavenny are members of the CIO. ## **Financial Results and Charitable Activities** A Financial Report and Income and Expenditure Account for the year ending September 2022 is attached to this report. The Annual Abergavenny Steam Rally is the CIO’s main source of funding. The CIO Trustees delegate the planning, organising and running of the Rally to a Committee which is chaired by the Rally Organiser who is a Rotarian and CIO member. The Steam Rally Committee is made up of CIO members and other volunteers. The CIO Trustees delegate decisions on charitable donations to the Club Council. The CIO Trustees, the Officers and Committee Chairs are members of the Council. There is delegation from Council to Charity Committees for donations of up to £500. Donations over this amount must be referred by the Charity Committees to the Council. Most decisions on charitable donations are straightforward in nature but in Page **1** of **2** Abergavenny Rotary Charitable Incorporated Organisation the event of a contentious issue all members of the CIO have a say and vote in the final decision. The CIO Charity Committees are as follows: - - a) Community and Vocational - b) Foundation - c) Fundraising - d) International e) Outreach - f) Steam Rally - g) Youth Page **2** of **2** CIO Account Income and Ex enditure l October 2021 to 30 S tember 2022 Income Steam Rallv F￿nd raisin8 events Donations Grants Other 71435.35 5080.53 Balance Sk*•t I 260.00 0.00 425.00 Opening Balance l Odober 2021 Jrplus I IDelldtl 14,741.08 16343.40 CIO Net Worth at 30 Sept 1022 31.084.48 Tot•1 Incorn• 77200.88 Cheque ￿0079 Cheque m0080 Cheque 1200 Exp•ndlture 1200 350 Community and Vocatl?nal 13063.47 1480.OD 796.38 3672 1.53 7990.29 799,81 Bank CIosln8 Balance 30 Sop 2022 33,834.48 Youth Stpam Rally empenses Ukralne Other Toial Exp•ndltwe 60857.48 surp￿9/ lo￿￿¢51> 16343.40 Accounts piepared by GBal reasurer D#e Aicounts Indepenffjtly exèmlned and verifed R Llowd Dite CIO Account Income and Ex enditure l October 2021 to 30 S tember 2022 Income Steam Rallv F￿nd raisin8 events Donations Grants Other 71435.35 5080.53 Balance Sk*•t I 260.00 0.00 425.00 Opening Balance l Odober 2021 Jrplus I IDelldtl 14,741.08 16343.40 CIO Net Worth at 30 Sept 1022 31.084.48 Tot•1 Incorn• 77200.88 Cheque ￿0079 Cheque m0080 Cheque 1200 Exp•ndlture 1200 350 Community and Vocatl?nal 13063.47 1480.OD 796.38 3672 1.53 7990.29 799,81 Bank CIosln8 Balance 30 Sop 2022 33,834.48 Youth Stpam Rally empenses Ukralne Other Toial Exp•ndltwe 60857.48 surp￿9/ lo￿￿¢51> 16343.40 Accounts piepared by GBal reasurer D#e Aicounts Indepenffjtly exèmlned and verifed R Llowd Dite