## Trustees Report ## The 59 Club ## For the year ended 31 July 2024 We have seen a great change in taking back control of our memorabilia and memberships from the Ace. This side of things is now mainly looked after by Angelo Lebrato, he has invested much time and energy into getting the web shop updated and working efficiently, making stock taking so much more efficient and streamlined. Ease of purchase of the clubs merchandise has seen a dramatic rise in income and sales. Angelo has also worked extensively on the joining process, which again has led to an uprise in memberships. We are grateful to have Angelo as part of our team. Accounts were presented by out Treasurer Paul who is doing a stirling job, lots of toing and froing to simplify the accounts. Now it is all done electronically. £7,498 in the current account £14,677 in the capital reserve £354 in petty cash The club continues to attend many events throughout the year, perhaps even more than in the past. Sandra, Gary, Richard and Yvonne are the main group to take the club to events. The club leaders all play a part in proceedings, however with Angelo doing merchandise and memberships it has freed up time for concentrating on fund raising and community projects. We continue to have a good relationship with the Church, working together to support the club. This year we have increased our charity work, which is part of the ethos of the club. Father Andrew is also looking into a Youth Training Scheme, for the club to be part of. The club continues to provide a good service and safe haven for motorcyclists both young and old. We are on a growth ladder again at the moment. Promising times ahead as the Club hopefully goes from strength to strength. Sandra Thomson Secretary to the Council of Management. CHARITY COMMISSION | FOR ENGLAND AND WALES The fifty-nine club of Paddington Ltd No lif any) Recei ts and ments accounts CC16a For the period from 01:'0£:'202? 3110712024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to tho neare¥t to the nearest £ to the nearest £ to th8 n8ar8St £ to the nearesi e A1 Recel ts income Intere51 33,330 131 33,330 131 12,9S2 20 tota ross income or AR) 33,461 33,461 12,972 sset an see table Investment sa es, Total receipts 33,461 33.461 12,972 A3 Pa ments charity exp adminislralive exp 20,303 826 20,303 826 6,924 472 Sub total 21,129 21.129 7,396 A4 Asset and investment Sub total Total payments 21,129 21,129 7,396 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 12,332 12,332 5,576 13,794 26,126 13,794 26,126 8,218 13,794 CCXX R1 accounts ISSI 0910512025 Section B Statement of assets and liabilities at the end of the period UnrestriGted funds Restricted funds to n8ar8St £ Endowment funds to nearest £ Categories Details to nearest £ B1 Cash funds cash at bank 22,531 Total cash funds 22,531 lagree balances with ieceipls and payfflenls accouniisll Agi eeiiieiil Error Unrestrlcted funds to ngar¢$t £ OK OK Endowment funds Restrlcted funds to noar*$t £ Details to n68r6st £ B2 Other rnonetary assets stock$ 4,224 Fund to whlch asset bfjlon Current valug tlonal Detalls Cost loptlonall Fund to whleh a88•t b•lon Cost loptlona51 Currènt value tlon#l Detall$ B4 Assets retained for the Gharity's own use equipmanl Fund to whlch late8 Arnounl due tlonal When du• tlonal Details B5 Liabilities accruals 634 Signed by one or ￿ trustees on behalf of a11 the trustees Dale of roval Signalure Print Name G HALL G HALL 0911212024 CCXX R2 accounts ISSI 0910512025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of THE FIFTY-NINE CLUB OF PADDINGTON LIMITED On accounts for the year ended 31 JULY 2024 Charity no (if any) 30593 Set out on pages Iremefflber lo indu¢Je the page numbers ol addilioiial slieei< I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 l U712024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention ( in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Date: 0910512025 Signed: Name: MRS S VARATHARASASINGAM Relevant professional qualification(s) or body (if any): FCCA Address: KVS LONDON LIMITED TIAS HEPBURN & CO 1027A GARRArr LANE LONDON SW17 OLN IER October 2018