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2024-06-30-accounts

ARDAL ABERYSTWYTH ROTARY CLUB CHARITABLE INCORPORATED ORGANISATION (CIO) Charity number: 1201894

Registered Address:

Richmond Hotel, 44-45 Glan y Mor, Aberystwyth, SY23 2BX

ANNUAL REPORT 2023-2024

Charity Trustees as of date of this Report:

Richard Griffiths Stephen Lawrence Jeremy Mabbutt (Secretary) Barbara Salerno (Vice President) Martin Tranter (President) James Wallace (Treasurer)

Other Charity Trustees who served in the Financial Year 23/24:

Alan Haird (Past President)

Ardal Aberystwyth CIO Charitable Aims

Our Charitable Aims are set out in our governing document and are the relief of the poor and needy in Aberystwyth and the surrounding area, any other part of the United Kingdom or elsewhere in the world, or such other charitable purpose as the members of the CIO shall in duly constituted meeting direct.

Ardal Aberystwyth CIO Governing Document

Our governing document is our Constitution, dated and last amended 3rd October 2022, which is a constitution of a Charitable Incorporated Organisation with voting members other than its Charity Trustees, and is appended to this Annual Report.

Commentary on Activities

Our activities in the period 01 July 2023 to 30 June 2024 have been focused on overall generation of fundraising finance to be able to support individuals, groups, and organisations in line with our Charitable Aims. Funds were raised through a combination of cash collections, raffles, and concerts for President’s Charities of the Year (being Aber Dads and Papyrus) and, through the establishing of the first St David’s Day Concert, to contribute proceeds to support local musicians.

Commentary on Annual Accounts

The Annual Accounts for 23/24 are attached to this Annual Report. Total income of £16,580.07 is offset by a total expenditure of £13,329.59, providing a resultant net income of £3,250.48. When added to the net income from our preceding year 22/23 this provides a carry forward balance of £7,109.68.

Our CIO registered with the Charity Commission on 9 February 2023; however, our Financial Year runs in line with the Rotary International Financial Year of 1 July to 30 June. Therefore, our first financial year was part-year only, from 9 February 2023 to 30 June 2023. The Charity Commission will not accept

Page 1 of 2

part-year submissions less than 6 months, and as a result we are obliged to submit a consolidated 22/23 and 23/24 account. Accordingly, the Annual Accounts for 23/24 also include a separate ‘Total Funds’ column for the full c. 17-month period, the ‘Reporting Period’, with a corresponding turnover for that period of £25,073.77 and expenditure of £17,964.09. It is expected to report 12-month periods going forward in line with our Rotary Financial Year.

Reserves

No reserves were held during the Reporting Period.

Assets

No assets were held during the Reporting period other than cash funds designed for distribution at a later date beyond the current financial year.

Trustee Certification

All Trustees confirm that they have fully complied with the duty in Section 4 of the 2006 Act to have due regard to guidance on public benefit published by the Commission.

This Annual Report is certified as correct by the Trustees, on this date 20 January 2025.

End.

Page 2 of 2

ARDAL ABERYSTWYTH ROTARY CLUB 1201894
Receipts andpayments accounts CC16a
For the period
from
09-Feb-23
To 30-Jun-24
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
6,704
1,000
63

7,767
-
-
-
7,767
3,670
63
-
3,733
-
-
-
3,733
4,034
-
-
4,034
Restricted
funds
to the nearest £
4,781
12,346
180
-
-
17,307
-
-
-
17,307
5,069
9,162
-
-
14,231
-
-
-
14,231
3,076
-
-
3,076
Endowment
funds
to the nearest £
Total funds
to the nearest £
4,781
19,049
1,180
63
-
25,073
-
-
-
25,073
5,069
12,831
63
-
17,964
-
-
-
17,964
7,110
Last year
to the nearest £
Cash Collections -
-
-
-
-
-
4,781 -
Fundraising Activities 6,704 19,049 -
Donations 1,000 1,180 -
Miscellaneous 63 63 -
- -
Sub total(Gross income for
AR)

7,767
25,073 -
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 25,073 -

Donations to Charities/Causes
-
-
-
-
-
5,069 -
Charitable Activities 3,670 12,831 -
Miscellaneous 63 63 -
- - -
**Sub total ** 3,733 17,964 -
A4 Asset and investment
purchases, (see table)
- -
-
-
-
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 17,964 -
4,034 3,076 - 7,110 -
- - -
-
- -
- - - -
4,034 3,076 - 7,110 -

CCXX R1 accounts (SS)

14/04/2025

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Unallocated cash funds
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
4,034
3,076
-
-
-
4,034
3,076
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
Print Name
James Wallace
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)
Date
James Wallace 14-Jan-25

CCXX R2 accounts (SS)

14/04/2025

2

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Ardal AberyS1￿h Rotary Club CIO On a¢¢ounts for the year ended 30 June 2024 Charity no (if any) 1201894 Set out on pages 1&2 I rep)rt to the trustees on my examination of the accounts of the above chartyllhe Trusfi for the year ended 30 106 12024. Responsibilities and As the charity trustees ofthe Tnjst. you are ￿sponsible for the p￿paratIon basis of report of the accounts in accordan￿ with the requirements of the Charities Act 2011 (kne Act"). I report in respect of my eXaMinat￿n of the Trust's accounts carried out under seCt￿n 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)Ib) of the Acl. I have completed my examination. I confim) that no material matters have come to my attent￿n in ￿nnectIOn wrth the examinatK)n wh￿h grwes me cause to believe that in. ary material resFeCt.' accounting records were not kept in accordance vthh section 130 of the Act or the a¢a)unts do not ￿COrd with the accounting records Independent examiner's statement I have no concems and have ￿rne across no olher matters in connection with the examinath)n to vthich attention should be drawn in order to enable proper understanding of the accounts to be read)ed. ' Please delete the words in the brackets rfthey do not appty. Signed: 14.04.2025 Name: abeth Ann Francis Relevant professional qualificationl) or body (if any): Address: Peneisteddftjj. 14 8ryneglur, Llanfarian, Ceredigion, SY23 4BP. IER October 2018

Section B Disclosure Onty complele if the examiner needs to highlight matters of concem (see CC32, Inderendent examination of Cha￿ty accounts.. dIrect￿nS and gu￿anCe for examiners). Glve hero briof dotsils of any items that the examiner wishes to dlsclosè. IER October 2018