Rotary Club of Paignton Charity Fund Registration No. 262176 Trustee's report for period 1st July 2021- 30th June 2022 Principal Address 1 Clifton Road, Paignton TQ3 3LN Trustsos Bryan Reginald Wordsworth, Neil Hockaday, Stephen Ellis Kings. Antony Smyth and Raymond Watts Governing Document Trust Deed dated 6th October 1970 Constitution Unincorporated voluntary association of members of the Rotary Club of Paignton {'The Club.). Trustee selection By nomination from The Club and appointment under statutory power. Objectives For the relief of the poor and needy or for the benefit of such charitable institutions, Societies and objects as The Club shall in duly constituted meeting from time to time direct. Activitie8 The Club continues to make use of the skills and talents of its members to raise funds for charitable purposes and then to make grants to charitable causes both locally and intemationally It has continued to provide support for local and international educational needs, local food banks and a local hospi. In addition, in the light of the war in Ukraine, it has provided support of basic necessities and medicines to the people of Ukraine. The Trustees remain mindful of the guidance issued by the Charty Commissioners on public benefit.
Achievements and Perforniance The club raised net £25,957.32 and paid this into its Charty Account. The expenditure for charity purposes was £26,712.83. Financial Review and Policy on Reserves The Club maintains a conservative policy with a spread of investments in the Charities Official Investment Fund (COIFI. The policy is to maintsin a reserve of approximately £100,000.00 to stand ready for urgent charitable needs. The current reserves are now a little over £96,000.00 as a result of The Club's response to support the people of Ukraine. Daclaratlon The Trustees declare that they have approved the Trustees. report above. Signed.. - tTI Dated. Bryan Reginald Wordsworth Signed. Dated.. - Neil Hockaday Signed: _ Dated.. - Stephen Ellis Kings Signed.. - Dated.. - Antony Smyih Signed: _ Dated.. - Raymond Watts
| £ 7.00 16,738.43 |
£ 815.00 12,000.00 - 269.25 1,540.00 800.00 1,000.00 0.14 2021 |
CHARITY ACCOUNT SUMMARY Income £ £ Club/Member Donations 1,845.00 COIF Drawdown 17,000.00 Public Donations 1,136.94 Gift Aid 490.49 Club Event Profits 2,478.00 District Grants 2,400.00 Club Lottery Donation 600.00 Interest 6.89 25,957.32 Expenses (listed Below) General Administration costs 15.00 Donations to Charity 26,712.83 26,727.83 Surplus/Loss 770.51 - General Administration costs 7.00 Bank Charges 7.00 Donations to Charity National/International APS UK Brain Tumour Research 2,000.00 End Polio Now Int.Rotary Healthcare Trust Fund (Ukraine) Rotary Dokum - Kabira Foundation Legs4Africa Physionet 1,000.00 Rotary Foundation Rotary Foundation (Members) Shelterbox (Haiti) Shelterbox (Ukraine) 600.00 SOS Africa 200.00 Stroke Association Local 500.00 Bale Buddies Curledge Street School 1,860.00 Dart Sailability 616.00 Dictionary 4 Life 1,800.00 Hayes School 800.00 Kids Out UK 3,600.00 Kings/Curledge Street Schools 100.00 Mayfield 100 2,122.43 Mayfield School OK Our Kids (Watch out Books) Rowcroft Hospice Scouts 1st Marldon Senior Citizens Theatre Trip The Haven Torbay 1,540.00 THHN - Torbay Domestic Abuse 16,738.43 2022 Year to 30/06/22* |
15.00 |
|---|---|---|---|
| 16,424.39 16,745.43 |
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| * | |||
| 321.04 - PTO |
|||
| 15.00 | |||
| 300.00 100.00 1,000.00 5,000.00 1,779.55 200.00 101.50 2,500.00 735.00 1,000.00 2,021.18 600.00 2,000.00 588.00 2,000.00 856.61 2,000.00 500.00 355.00 1,500.00 200.00 75.00 857.99 183.00 260.00 |
|||
| 26,712.83 |
| 2,017.03 | Held Opening Balance Charity Fund Bank Account 1,695.99 2,017.03 1,695.99 321.04 - Add Current Surplus/Loss 770.51 - 1,695.99 925.48 Closing Balances Charity Fund Bank Account 925.48 1,695.99 925.48 Transferred from No.1 profits from Lions Day 67.50 Raft Race 110.50 Crab Supper 1,500.00 Horse Race 800.00 2,478.00 * add paid direct to Charity account Kids Out Day 500.00 End Polio Now 90.00 Club Charity 715.00 Horse Race Donations 140.00 Foundation 140.00 Raffle (Torbay Dom. Abuse) 260.00 1,845.00 COIF Accounts (Balances as at 30th June 2022) 1C Deposit 1,286.50 2A Charities Fixed Interest 3,876.28 2R Charities Investment Fund 46,545.61 1Z Charities Global Equity Income 44,694.88 96,403.27** |
1,695.99 |
|---|---|---|
| 1,695.99 | 1,695.99 770.51 - 925.48 925.48 |
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THE ROTARY CLU8 OF PAIGNTON BOOK KEEPING AUDrr REPORT AS AT 30 JUNE 2022 I CERTIFY that I have examined the Treasurerfs books of Account for the Rotary Club of Pai8nton. All respective bank accounts have been reconaled with the cash tk records as at the 30 June 2022 and all funds have been agreed to their respective bank statement. The record5 have been well kept, and all payments are agreed by the respective committees with a majority of receipts bebng obtained. The various C.O.l.F. Accounts held have been thecked to the cash book and the relevant statements of investment provided. The C.O.l.F. value of the units will vary from day to day. but for the purposes of this report the bid market value on 30" June 2022 has been used for valuation purposes. C.O.l.F. A¢caunts as * June 2022 Account Description Value 93129(KJ IC Deposit Account £ 1.286.50 93129CIJ 2A Fixed Investment Accumulated Units £ 3,876.28 93129(X) 2R Investment Fund Accumulated Units £ 46.545.61 93129W IZ Global Equity Income Fund Accumulated Units £ 44.694.88 Total Value of Funds as at 30 June 2022 £ 96.403.27 Bank Account Balances a5 * 3 June 2022 Account Description Value IXJ218736 Number One aub Business Account £ S.529.90 07107816 Hospitalitylcommunity Account 850.68 CQ3CI)432 Charity Fund 925.48 21632860 Lottery Account 1,414.06 Total Value of Funds as at 31P June 2022 8.720.12 l Jeremy Huw Fenton Chudley Ceththe above figures are corr¢tt as at 30 June 2022. 3 November 2022