| Contents | Pages | |||
|---|---|---|---|---|
| Trustees' Annual Report |
1to4 | |||
| Trustees' responsibilities |
in the | preparation | of Financial Statements | |
| Independent examiner's |
report | to the Trustees | ||
| Statement ofFinancial | Activities | |||
| Statement of Financial |
Position | |||
| Notes to the Financial Statements | 9to 12 | |||
| The following pages do | not form part ofthe | Financiai Statements | ||
| Detailed Income &Expenditure | Account |
| The Trustees present their report and the unaudited | The Trustees present their report and the unaudited | The Trustees present their report and the unaudited | Financial | Statements of |
Statements of |
the | Trust for the year ended 30th June 2022. |
|---|---|---|---|---|---|---|---|
| Reference and administrative | details | ||||||
| Registered charity |
name | Sidcup Rotary Club Benevolent | Trust | ||||
| Charity registration | number | 280561 | |||||
| The Trustees | |||||||
| The Trustees who served the | charity during the period were as follows: | ||||||
| P Allsop | Joint | President | |||||
| M Chambers | Treasurer | and | Joint President | ||||
| BHitchcock | Secretary | ||||||
| PWilkes | Joint | President | Elect | ||||
| S Dowswell | Joint | President | Elect | ||||
| Secretary | BHitchcock | ||||||
| Accountants | Opass Billings Wilson | 8 Honey | LLP | ||||
| Chartered Certified Accountants |
|||||||
| Numeric House |
|||||||
| 98Station Road, | |||||||
| Sidcup Kent | |||||||
| DA15 7BY |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| Notes | ||||||
| INCOME | ||||||
| Covenants | 1,843 | 1,843 | 2,575 | |||
| Donations and Legacies |
41,168 | 500 | 41,668 | 284,267 | ||
| Other Fundraising | Events | 8,081 | 1,322 | 9,403 | 7,515 | |
| Investment Income |
14,739 | 14,739 | 120 | |||
| Tax recovered | 2020/21 | 3621.81 | 3,622 | 3,622 | 3,404 | |
| Commission | ||||||
| Total Income | 69,453 | 1,822 | 71,275 | 297,881 | ||
| EXPENDITURE | ||||||
| Charitable activities |
67,294 | 387 | 67,680 | 41,138 | ||
| Total Expenditure | 67,294 | 387 | 67,680 | 41,138 | ||
| Change in value of |
investment | (8,893) | (8,893) | 4,592 | ||
| Net movement in funds |
(6,734) | 1,435 | (5,298) | 261,335 | ||
| Total Funds Brought Forward 1st July 2021 | 333,329 | 3,300 | 336,629 | 75,294 | ||
| Total Funds Carried | Forward at | 30th June 2022 | 326,595 | 4,735 | 331,331 | 336,629 |
| 2022 | 2021 | |
|---|---|---|
| FIXEDASSETS | 283,468 | 292,361 |
| CURRENT ASSETS | ||
| Cash at Bank and in hand | 47,863 | 44,268 |
| TOTAL CURRENT ASSETS | 331,331 | 336,629 |
| CURRENT LIABILITES | ||
| NET CURRENT ASSETS | 331,331 | 336,629 |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 331,331 | 336,629 |
| THE FUNDS OF THE CHARITY | ||
| Unrestricted | 326,595 | 333,329 |
| Restricted | 4,735 | 3,300 |
| Balance as at 30th June 2022 | 331,331 | 336,629 |
| 3 | Income | 2022 | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Note | Vnrestricted f |
Restricted | Total f |
Total | ||||
| a) Covenants | ||||||||
| Excluding Gift Aid |
||||||||
| General | 1,163 | 1,163 | 1,416 | |||||
| Foundation covenants |
680 | 680 | 765 | |||||
| Poppy Collection Covenants | 165 | |||||||
| Other Covenants | 229 | |||||||
| 1,843 | 1,843 | 2,575 | ||||||
| b) Donations and Legacies |
||||||||
| Legacies | (7) | 27,553 | 27,553 | 264,708 | ||||
| Donations - End Polio | Now | 781 | 781 | 1,436 | ||||
| Donations - Save Bexley Music | (SBM) | 500 | 500 | 16,710 | ||||
| Donations - SBM Friends | 194 | |||||||
| Other Donations | 808 | 808 | 179 | |||||
| Christmas Street Collection |
12,026 | 12,026 | 1,040 | |||||
| 41,168 | 500 | 41,668 | 284,267 | |||||
| c)Other Fundraising | Events | |||||||
| Concert for Ukraine Crisis | 4,413 | 4,413 | ||||||
| Grand Sale | 1,967 | 1,967 | 170 | |||||
| Film Evening | 484 | 484 | 3,873 | |||||
| Global Grant Projects | ||||||||
| -other Club's donations Sponsored Walk |
1,117 | 1,117 | 1,523 1,949 |
|||||
| Quiz | 100 | 100 | ||||||
| Bexley Young Musician | Event | 1,322 | 1,322 | |||||
| 8,081 | 1,322 | 9,403 | 7,515 | |||||
| d) Investment income |
||||||||
| Dividends | 14,697 | 14,697 | 52 | |||||
| Interest | 42 | 42 | 68 | |||||
| 14,739 | 14,739 | 120 | ||||||
| e) Tax recovered | 3,622 | 3,622 | 3,404 | |||||
| Total Income | 69,453 | 1,822 | 71,275 | 297,881 |
| 4 | Expenditure | 2022 | 2022 | 2022 | 2021 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Note | k | E | E | E | |||
| a) Charitable activities |
|||||||
| Local Beneficiades/Events | 28,407 | 387 | 28,794 | 20,166 | |||
| international Charities |
26,875 | 26,875 | 12,378 | ||||
| National/District Charities |
12,012 | 12,012 | 6,237 | ||||
| Property expenses | 2,357 | ||||||
| fotal Expenditure | 67,681 | 41,138 | |||||
| 2022 | 2021 | ||||||
| 5 | Fixed assets | ||||||
| Original Investment |
292,361 | 23,068 | |||||
| Add Surplus on Sale | 6,125 | ||||||
| 292,361 | 29,193 | ||||||
| Less Sale ofinvestments | 29,193 | ||||||
| 292,361 | |||||||
| Add New Investments | 293,894 | ||||||
| 292,361 | 293,894 | ||||||
| Decrease in Value |
of investment | (8,893) | (1,533) | ||||
| 283,468 | 292,361 | ||||||
| 5 | Cash at bank and | in hand | 2022 | 2021 | |||
| Current Account | 5,553 | 2,381 | |||||
| Business Premium |
Account | 8,338 | 7,956 | ||||
| Savings Account | 33,972 | 33,931 | |||||
| 47,863 | 44,268 |
| INCOME | ||||||
|---|---|---|---|---|---|---|
| Legacy Receipt | 27,553.23 | |||||
| Covenants (exciuding |
Gift Aid) | |||||
| General Covenants | 1,163.45 | |||||
| Foundation Covenants |
679.50 | 1,842.95 | ||||
| End Polio Now Donations | 780.91 | |||||
| Other Donations | 808.09 | |||||
| Christmas Collection |
12,644.97 | |||||
| Less: Expenses | 619.23 | 12,025.74 | ||||
| Fundraising Events |
Grand Sale | 2,122.07 | ||||
| (Excluding Gift Aid) |
less Expenses | 154.81 | 1,967.26 | |||
| Concert (for Ukraine Crisis) | 4,488.37 | |||||
| less Expenses | 75.00 | 4,413.37 | ||||
| Film Evening | 928.00 | |||||
| less Expenses | 444.19 | 483.81 | ||||
| Sponsored Walk |
1,117.00 | |||||
| Less expenses | 1,117.00 | |||||
| Quiz Night (Cancelled) | ||||||
| Less Expenses | (100.00) | 100.00 | 8,081.44 | |||
| Restricted Funds | Bexley Young Musician | Event | 1,322.00 | |||
| less Expenses | 'l,322.00 | |||||
| Save Bexley Music Campaign | 500.00 | 1,822.00 | ||||
| Tax recovered | 3,621.81 | |||||
| Dividends | 14,696.59 | |||||
| Bank Interest - Gross | 42.07 | |||||
| 71,274.83 | ||||||
| EXPENDITURE | ||||||
| Local Beneficiariesl Events | ||||||
| Air Ambulance Trust - Kent Surrey and Sussex |
250.00 | |||||
| Bexley Music (From Unrestricted funds) |
620.00 | |||||
| Bexley Music (From Restricted | Funds) | 178.00 | ||||
| Bexley Women's Aid |
150.00 | |||||
| Blog in a Bag | 250.00 | |||||
| Carlton Road Christmas | Lunch | for the Elderly etc | 108.87 | |||
| Chislehurst 8 Sidcup Sea Cadets |
5,000.00 | |||||
| Carried fonvard | 6,556.87 | 71,274.83 |
| Brought forward | 6,556.87 | 71,274.83 | |||||
|---|---|---|---|---|---|---|---|
| Demelza Children's Hospice |
5,800.00 | ||||||
| Friends of Bexley Music (From Restricted Funds) | 208.45 | ||||||
| Greenwich and Bexley Community |
Hospice | 5,000.00 | |||||
| Inner Wheel Club ofSidcup | Trust | 2,5QO.QQ | |||||
| Kemnals Own Scout Group |
1,400.00 | ||||||
| Lamorbey and Sidcup Local |
History | Society | 100.00 | ||||
| North West Kent Motor Neurone Disease Society | 150.00 | ||||||
| Royal British Legion (wreath) | 20.00 | ||||||
| St Christopher's Hospice |
5,650.00 | ||||||
| StJohns Parochial Church Council | 500.00 | ||||||
| St Lawrence Charitable Fund |
300.00 | ||||||
| The Maypole Project | 250.00 | ||||||
| Young Enterprise | 358.48 | 28,793.80 | |||||
| International Charities |
|||||||
| Afghanistan Grisis Appeal |
1,000.00 | ||||||
| Britiish Red Cross (Haiti) | 1,000.00 | ||||||
| British Red Gross (For Ukraine) | 5,000.00 | ||||||
| Cecily's Fund (Formerly Kaloko Trust UK) |
500.00 | ||||||
| Child Aid | 500.00 | ||||||
| Freedom Kit Bags |
250.00 | ||||||
| ICT (International Children's |
Trust) | 500.00 | |||||
| Lend with Care | 2,000.00 | ||||||
| Mercy Ships | 1,000.00 | ||||||
| Mission Aviation Fellowship |
UK | 1,000.00 | |||||
| Oxfam - Yemen Crisis Appeal | 250.00 | ||||||
| Save the Children (For Ukraine) |
5,000.00 | ||||||
| Shelterbox | 2,360.00 | ||||||
| Shelterbox (For Ukraine) | 5,00Q.OO | ||||||
| Tea Leaf Trust | 1,000.00 | ||||||
| The Gift Foundation (India) |
515.00 | 26,875.00 | |||||
| NationaliDistrict Charities |
|||||||
| Macular Society | 250.00 | ||||||
| Rotary Club of Delft Charities | 719.36 | ||||||
| Rotary District 1120 - Ukraine | Appeal | 6,287.50 | |||||
| Rotary Foundation -Annual |
Programme | 383.?5 | |||||
| Rotary Foundation - End Polio Programme |
2,351.25 | ||||||
| Roy Castle Lung Cancer Foundation | 500.00 | ||||||
| Royal Agricultural Benevolent |
Institution | 1,100.00 | |||||
| RYLA | 420.00 | 12,011.86 | (67,680.66) | ||||
| 3,594.17 | |||||||
| Investment | |||||||
| Decrease in Value of Investment |
(8,892.39) | ||||||
| DEFICIT | FOR THE YEAR | (5,298.22) |