Wolverhampton Rotary Club
Charitable Trust
Report of the Trustecs and
Annual Accounts
Year Ended
30 June 2024
Registered Charity No. 220492

. WOLVERHAMFI'ON ROTARY CLUB CHARITABLE TRUST
Cont¢nts
TnLStees and advisoTS
Report of the Trustees
Report of the independent examiner
Statement of financial activities
Statement of fiuan¢ial position
8- 13
Noles to the financial statemenls

., WOLVERHAMiryON ROTARY CLUB CHARITABLE TRUST
Tru$tses and advisors
T￿Stee&
L Mccarthy
(President)
J Hollingsworth{President Elect)
S Woods
(Vice Pr¢sident)
J Hollingswortb(Secretary)
D A Morgan
(Treasurer)
Hon Secretary aDd
principal address
J Hollingswortb
45 Church Road
Albrighton
Wolverhampton
WV7 3LH
Registered ch*rlty number
220492
Independent Examiner
Mrs M Martin FCCA
HolliDgsworth & Co Limited
Chartered Accountants
Coppi¢e House
Halesfi¢ld 7
Telford
TF7 4NA
Bankers
National Westminster Bank ple
Queen Square
Wolverhanwton
Wvi ITR

WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Report of the Trnstees for the year ended 30 Jwie 2024
Hlstory? obje¢tives *¢dvlde5 of the Trust
The ch￿itable Trust was set up on 15 May 1959 to direct monies raised by the Rotary Club of the City of
Wolverlwnpton to a variety of good works.
The objects of the Tn￿t in ac¢ordance with the TnTSt Deed are to apply Trust Funds to tbe puryy)ses of the relief of
poverty and distress. and to the advancement of educatlOD. The In￿teeS currently have a policy of supp)rting the
objects of the Trnst locally. nationally and internatiottally.
The Rotary Club of the City of Wolverh￿nP¢0n 18 a rela*d p&ty, which raises funds for the Trust to apply to its
charitabl¢ objects.
Amounts rnised since inception have been either distributed or where appropriate retained &8 capital. The TnLSte¢s
have ¢onsid¢r¢d the amount of long terni investments and U￿0MmIt¢d funds needed to be retained to meet the
objects of thc Trust and in Ma￿h 2019 d¢¢ided that th¢ anwunt of £20,000 is r¢quired.
The TnJste¢s are assisied by the various committees of the Rotary Club of the City of Wolverhampton in
identifying projects and organisations they wish to support.
Manggement and zovernance arrangements
The Tn￿reeS of the fund are those holding the offices of PresidenL President Elect, Vice Presiden¢ Secretary avjd
Tre4surcr of the Rotary Club of the City of WolverhomptoL The T￿￿S and their posts thring the year were as
follows=
Ccox
L Mecarthy
J Hollingsworth
J Hollingsworth
D A Morgan
(President)
(President Elect)
(Vice Pr¢sid¢nt)
{SecTetary}
(Tr¢￿UreT)
The current Trustees are disclosed on page l.
The Trnstees amiually review the risks that the charity faces. To dat¢ th¢se have mainly related to the inveslmeThts
h¢ld and th¢ Trust¢¢s have lessened the effect of such risks OV¢T the years by the r¢alisation of parts of these
investments into c&8]L It is th¢ current intention that this praGti¢¢ will ¢ontinue.
Procedures aDd poll¢y for grAnt m*klng
The Tn￿tee8 meet half yearly to prepare budgels for anticipated fiinds and proposed grants. From this budget, the
various committees of the Rotary Club of the City of Wolv¢rhampwn are all￿ated amounts which are within their
ambit to grant to appropriate beneficiaries. The Tn￿(eeS also make grants in accord with the objects of th¢ Trust.

WOLVERHAMIryON ROTARY CLUB CHARITABLE TRUST
Rewtyrt of th¢ Trustees for the ye*r ended 30 June 2024
How the a￿l￿tIeS satisfy publie benefit
In plamiing the activiti￿ for th¢ year the Trust￿ kept in mind the Charity Commission's guidance on public
bencfit at their me¢tin8S.
Th¢ focus of the activities is to raise atul di5tribut¢ fi￿d5 for the pury)08es of relieving povety and distr¢ss. and for
the advancemenl of education. both lo¢al. national and international.
Aebievements and perfornixnte of the Trust
The year to 30 Jun¢ 2024 benefitted from the holding of the Best Foot Forward fund raising event twice in the year
due to the availability of the venue. It was extr¢m¢ly successfiji and raised £26,407 (2023-nil) in totsl . Th¢
Dragon Boat Challenge event was also very well supported with a full complim¢nt of boat crews taking part which
hel￿ to rais¢ £43.388 {2023-£31.224). The Tree of Remembrance increased to £7.370 from £6,825. However ,
the income from general donations and l¢ga¢i¢s fell to £5.056 from £9.308.Totsl incom¢ 8¢nerated in the year
increased to £80.346 (2023-£45,669).
A total of £66.827 {2023-£59.237) charitable donations were made during the year . Donations of £39,665{2023-
£27.234) W¢￿ madc in both the UK and overseas and are detailed in not¢ 9. Further donations of £27,162 (2023-
£31.5L13) were made from the Restiicted Fuads as detsiled in note 7.
Fln4ncl*l review
Th¢ results for the year disclose a surplus of £15.Q45, of which £22,129 was the SLW)lus of the income raised over
the charitable donations distributed iti the Unrestricted Fund l¢ss £8.61N) donations from the Restrictsd Fund .and
£1.516 was the unrealised $u4)lus on the valuation of the investment.
The value of th¢ investtnents at 30 June 2024 had increased to £19.814 and the net CUTrent a&sels had incre&sed to
£28,097. making a balance sbeet value of £47.911. This figure represents the funds available in the General
Unrestricted Fund as the balance on th¢ JPB Legacy Fund is zero.
The detsiled Tesults are set out on pages 6 to 13.
Future plans
The Trustccs intend to ¢ontinue providing gr4nts in a similar way to tbe recent past bui. as fjjnds primarily arise ID
the second half of the fi$￿1 year. retain flexibility &s to ttming, and scale of grant makin8.

WOLVERHAMvfoN ROTARY CLUB CHARrrABLE TRUST
Report of the Trustees for the year ended 30 June 2024
Trn$teeg' responsibilitie5 51*t¢ment
The (n￿te¢S are responsible for prepating the Trustees. Annual Report and the financial statements in accoTdanc¢
with appli¢abl¢ law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A￿oUntIng
Prdctice).
The law applicable to clwiti¢s in England & Wales requires the trustees to Prepare financial statements for each
ffftnancial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for that tn prepaTing th¢s¢ fujancial statements. the trustees are
required to:
select suitAble accounting policies and then apply them consist¢ndy'
observe the m¢thods and principles in the Charities SORP.
make judgernents and estimates that are reasonable and Prudent.
state wbether applicable accounting Standards have been followed, subject io any makrial departures
disclosed and explained in thc finanLial stat¢ments'
prepare th¢ fman¢ial statements on th¢ going concern basis unl¢ss it Is in8PPTopriate to presum¢ tbat the
charity will contmu¢ in operation.
The tnL8tees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any
time the finan¢Lal position of the charity and enable them to ensure that the financial sthtements comply with the
Ch￿711¢S Act 2011, the trust deed and accounting and reportttig by Charities: Statem¢nt of Re¢ommended Practice
applicable to ¢harities preparing thetr accounts in accordance with the Finan¢ial Reporting Standard applicable in
th¢ UK and Republic of Ireland (FRS102) (Charities SORP (FRS IQ2)). They are a180 responsible for saf¢guarth"ng
the assets of the charity and hence for taking ￿asOnable steps for the prevention and detectioll of fraud and other
irre8ularitie8.
Approv￿ by the Tn￿tee8 on 31 March 2025 and signed on their behalf by.
L Mccarthy
President

. WOLVERHAMPTON ROTARY CLUB CIL4RITABLE TRUST
Independent examiners report for the ye*r ¢nded 30 June 2024
E report to th¢ ch￿lty tntstees on my examinthon of the accounts of the charity for the year ended 30 June 2024.
which are set out on pag￿ 6 to 13.
Rwponsibilitie$ 2nd b*sls of report
As the charity's lrnslees you are responsible for the preparation of the accounts in a¢cordance with the
requirements of the ch￿ltieS Act 2011('the Act,)
I report in respe¢t of my examination of the charity's ￿coUnt5 carried out wider seetion 145 of the A¢t and
caTrying out my exwninalion I have followed all the applicable Directions 8iven by the Clwity Conunission under
section 145(5)(b) of the ACL
Independent exAmlner's statement
I have competed my ¢x4mination . I confirm that no material mattcTS have come to my attention in Co[ll￿etI0n with
the examination giving me cause to believe that in any material respect:
l. a¢wwiting records were not kepi in respeci of the charity as required by section 130 of the Act" or
2. the accounts do not a¢¢oTd with tbose accounting records. or
3. the accounts do not comply with the applieable requirements concerning the forni and CODt¢nt of accounts set
out in the Charities (Accounts and RetKyrts} Regulations 2008 other than any requirement that the accounts give
a 'true and fair view. which is not a n]atter considered as part of an ind¢EthI examinatio
I have no concerns and have corne across no other matters in connection wilh the examination to which att¢ntion
should be drawn in this report in order to enable A pmp¢r underst￿ding of the accowits to be r¢ached.
Mrs M Martin FCCA
Hollingsworth & Co Limited
Chartered Accountants
Coppi¢e House. Halesfield 7
Telforf TF7 4NA
31 Marcb 2025

WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Slatement of Financi•l Activities for the year ended 30 June 2024
Total
Fund$
2024
Total
FuDd$
2023
Unrestricted
Fund$
Restricted
Funds
Notss
Income and endowments from:
Donations and lega¢ies
Charitable activities
tnv¢$tmenis
5,056
55.728
I,￿0
5.056
74,290
9,308
35.556
805
18562
Tot21
61.784
18,562
80.346
45,669
Expendlture on:
Charitable activities
7&9
39.655
27,162
66,817
59.237
Total
39,655
27,162
66,817
59,237
N¢t In¢Omel{￿pend1tUre)
22,129
(8,600)
13.529
(13,568)
Other recognised galns1(lo￿¢$j.
Gainsl(loss¢s) on inv¢stTn¢nt
assets
1.516
1,516
602
Net moyement in yeAr
23,645
(8,600)
15.045
(12,966)
ReconciliAtion of fundy:
Total funds brought forward
24,266
8.600
32,866
45,832
Funds carrled forward
47,911
47,911
32,866
The net movement in Tesources arises solely from wntinuing activities. There w¢re no Tecognised gains or losses in
the year other than the net movement of resources shown above.
The notes on pages 8 to 13 forn] part of the￿ finan¢io1 statements.

, WOLVERHAMFfoN ROTARY CLUB CHARITABLE TRUST
Statement of financAai position ￿ at 30 June 2024
2024
2023
Nots$
Fixed asset finvestmeDt
COIF CIwAties Investment Fund i￿0D¥ UDits
io
19,814
18298
Current av4ets
Debtor8
Bank ￿counts
20,168
44,015
8.401
29,613
64,183
38.014
Current liabiliti¢s
Creditors
12
36,086
23.446
Net current a98etylOlabllltles}
28,097
14,568
47,911
32.866
The ￿Trds of the charity:
General unrestricted fund
JPB Legacy Fund
47,911
24,266
8.600
13
47.911
32,866
The notes on pages 8 to 13 fonn part of these finaii¢ial stat¢ments.
The accounts were approved by the Trustees and authorised for is$ve on 31 March 21125
L McCoAhy
President

WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Notes to the a￿OUttts for the year eDd¢d 30 June 2024
A¢¢ounling polieiey
Basis ofpreparation
These accounts have been prepaRd under th¢ bistorical cost convention. as modified by the revaluation of
fix¢d assel inv¢$¢m¢nts. and follow the recoD]mendations in Accounting alld Reporting by Chariti&s'
Statement of Recommend¢d Practice issued applicable to Charities pr¢paring their accounts in accordance
with the Fin&ncial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (ch￿AtieS
SORP (FRS 102)) and the Charities Act 2011 and applicable resolutions.
Inveslments
Fixed asset investsnents are included in the acwunts at the bid price at the balance sheet dat¢. Unrealised
gains ￿)d losses are tsken to th¢ appropriate fimlts in the statement of financial a¢tivities.
Incoming resources
Incoming resources are r¢cogni8¢d oll a receivable basis. Any in¢ome not receiv¢d at the year ¢nd is
included in deb￿r5.
DonaliopLYpayable
Dojjations are accounted for as and when they are approved by the trustees. Donations approved but not
paid at the yeaT end are included in creditors.
General Inforniailon
Th¢ charity is a registered chaTity. re8iStered in En8land and Wales and its principal address is 45 Church
Roa￿ Albriglrton, Wolver1Jampto￿ WV7 3LH
Statement of Compllxnet
The fmancial statements hav¢ be¢n pryTed in accordance with FRS102 'The Financial Reporting
Standard applicable in the UK and Republie of Ireland" the statem¢nt applicable to ¢lwities Prep￿illg
their a¢¢ounts in accordance with Financial R¢portiDg Standard appIl￿ble in the UK and Republic of
Jreland {FRS102) (Chariti¢s SORP (FRS102)) and the Charities Act 2011.
Trustees remuneratioD 4nd expenses
No remuneration was paid to aay tr￿teeS durin8 the year (2023: Nil).
No r¢imbursement of expenses ha8 been made to any of the trustees in r¢spect of the yegr (2023.. Nil).
Employees
The charity had no employ¢¢s during the year {2023: Nil)

WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Noles to the accounts lor th¢ year end¢d 30 June 2024
Incoming resollrces from donations And charltsble 4¢tivikn
2024
2023
Donations:
General donations
5,056
9,308
5.056
9.308
Fundraising events:
Drngon Boat Challenge (Note 8)
Tree of R¢m¢mbran¢e
Best Foot Forward
200 Club surpl
Rollover Raffle
The 2k's sch¢m¢
Zambian school projects
20,668
7,370
26,407
510
773
13,382
6,825
965
837
I,149
2295
55,728
25.453
Restricted hnds
During the year £18,562 (2023 -£10.103) was Taised foT specific charities nomitiated by dragon boat crews
and paid out in accordance with their instructions. Donations of £8.600 {2023-£21,400) were mad¢ fri)m
the JPB Legacy Fulld to sev¢n Charitable orwdnisations in the WohTertwnpton arca.

' WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Notes to the accounts for the ye¥r ended 30 June 2024
Dragon Boat Challenge
2024
2023
Sponsorship and Gift Aid
(hher income
Expw5es and restricted fimds p&yments
39248
4.140
(22.720)
25,923
5,301
{17.842)
20.668
13.382
Charitable activities
2024
2023
Foundadon
Rotary Foundation UK
End Polio Now
3.500
3.500
1.000
4.500
4.500
Intern*lSonal
EmeIgency Disaster App¢ds
Congo Children's Trust re children's hom¢s
Jaipur Limb Project
Support for school in Lusaka. Zambia
Palai HospifAI
Shoebox Scheme
Indian Wa*r Managemeni
Safe d¢livui¢s of babies in hospits] , Etheopia
Shelter Box
3.500
3,660
25
5.045
510
1.329
2,150
250
1,040
1.288
25
263
590
5,606
14.069
10

WOLVERHAMPTON ROTARY CLUB CHAluTABI￿ TRUST
Notes to the accounts for the year ended 30 June 2024
Charl¢able a¢tivities (continued)
2024
2023
Youth ServR¢es:.
First Abide CIC
500
Young Musicians concert
Wolver]wnpton M￿lC School
Young Citizen awaTd
RIBI Crocus Cornis
Pine GTe¢n Kidzout
Uplands School bean bagg and Tech challenge
Rotary District RYLA
St Teresa's Fun day out
Rotary District Kids Fun day
Fair Trades school competition
Kingswood School
B4H bookcas¢ for Low Hill School
{60)
{210)
300
200
250
175
576
544
297
600
75
45
50
750
400
1,882
2.610
Community Senrfees:.
Th¢ Haven Wolverhampton
The Wolverhamph)n MS Therapy Cetstre
Compton Care hospice
Wolverhampton Coronary Aftercare Group
Sponsored Break
Central Youth Theatr¢
SSAFA
Next Step Midlands
Susan VickeTS Foundation
HJP Boxing Club
Poppy Appeal
Sundry donations
Community Services
Thc Ukranian R¢thgee & Migrant C¢ntr¢
The 2k scheme
4,350
5,930
1.830
4.350
1.700
4.100
1,830
1.000
2,000
100
50
427
1,700
1,700
1.700
50
456
(700)
500
1.149
27.667
6,555
2024
2023
Total donations
39.655
27234

WOLVERHAMFfoN ROTARY CLUB CHARITABLE TRUST
Noles to the Accounts for the year ended 30 June 2024
io.
Fixed Asset Investment
2024
2023
COIF ChArities Investment Fund
Valuation at 30 June 2023
Realisation
Increase {de¢re￿) in value
18,298
22,696
(5.000)
602
1,516
Valuation at 30 June 2024
19,814
18.298
Debtors
2024
2023
General debtors
Ptepayinents
20,168
7.654
747
20,168
8.401
All arnounls shown under debtors fAII due for payment within one year.
12.
Credltors: amounts falllng due within oDe year
2024
2023
Donations approved but not yet paid
Dragon Boat Challenge creditors
General creditors
Amounts received for future events
Designated Funds
13,200
17.562
4.683
5,955
4,983
2,346
9.501
661
641
36,086
23,446
13.
JPB Legacy Fund
The Trust received a legacy of £30,000 from the will of a Rotarlan aThd it will be used for the
benefit of people and organisations in th¢ Wolverhampton area.
12

WOLVERHAMPTON ROTARY CLUB CHARITABLE TRUST
Notes to the accounts for the year ended 30 June 2024
14. Analysis of net Assets between tsnds
2024
Restrl¢ted
Funds
Uurestrlcted
Fund$
Total Funds
Investtnents
Current assets
Creditois
19,814
64,183
(36.086}
19,814
64,183
(36,086)
Net assets
47.911
47.91 A
2023
Restrlcted
Fund5
Unrestricted
Funds
Total Funds
Investments
CuTrent assets
Creditors
18,298
29,414
(23,446)
18,298
38,014
(23,446)
Net *$s¢ts
24,266
8.600
32,866
13