THE ROTARY CLUB OF ILKLEY TRUST FUND
TRUSTEES’ REPORT
AND
ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025
Charity No: 500695
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THE ROTARY CLUB OF ILKLEY TRUST FUND
REPORT AND ACCOUNTS
CONTENTS
| Trustees' Report Report of the Independent Examiner Balance Sheet General Fund Charity Fund Rotary House Trust Fund Frank Newbould Legacy Notes to the Accounts |
Page |
|---|---|
| 1 2 3 4 5 6 7 8 |
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THE ROTARY CLUB OF ILKLEY
TRUST FUND
10, Oaklands, Westwood Drive Ilkley LS29 9RE
Annual Trustees Report 2024/2025
- 1) Trustee Personnel
The trustees are Peter Settle and Christopher Woodhead
- 2) Investment Management Investment Brokers are Titan Wealth Holdings.
The trustees have been informed of all changes in the portfolio with a full quarterly written report by the broker
-
3) Report to the club Expenditure from the trusts is identified byb appropriate Club Members supported at Club Meetings and activated by the Trustees, who report verbally at appropriate meetings
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4) Trust Income and Expenditure Full details are included in the Annual Balance Sheet. Income arises from dividends and interest. The Trustees, with approval from Club Members, may, from time to time, draw upon the capital element of the Trust in addition to the income generated from the Trust. The Frank Newbould Legacy continues to be applied to youth and education as Frank wished.
5) Portfolio Valuation The broker continues to ensure that the risk is low/ medium in both Rotary House Trust and in the Frank Newbould Legacy. Changes in valuation are reported to the club in writing
Details of annual charges are included in the Annual Balance Sheet
….................... Chris Woodhead- Treasurer
Date:
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THE ROTARY CLUB OF ILKLEY
Independent Examiner's report to the Trustees of the Rotary Club of Ilkley
I report on the accounts of the trust for the year ended 30th June 2025
Respective responsibilitiesof trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
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It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to state whether particular matters have come to my attention
Basis of independent examier's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In connection with my examination, no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act or
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the accounts do not accord with the accounting records
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.
Simon Hart Hart Wright Accounting 24 Hall Drive Sutton-In-Craven BD20 7NH
Date:
….................... C Pacsoo -President Date:
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ROTARY CLUB OF ILKLEY
BALANCE SHEET AS AT 30 JUNE 2025
| ….................... C Pacsoo -President Date: CURRENT ASSETS Cash & bank Balances General Fund Charity Fund Rotary House Trust Newbould Legacy Represented by:- INVESTMENTS (Note 2) Brought forward Profit/(Losses) on Disposals GENERAL FUND CHARITY FUND ROTARY HOUSE TRUST (Note 2) FRANK NEWBOULD LEGACY (Note 2) £ 148,562 21,904 5,522 198 3,351 1,476 - |
2025 £ 5,522 198 101,016 30,470 |
£ 153,131 4,569 - |
|---|---|---|
| 137,206 | ||
| 126,658 10,548 |
||
| 5,875 1,045 1,922 2,047 |
||
| 137,206 | ||
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ROTARY CLUB OF ILKLEY
INCOME AND EXPENDITURE ACCOUNT-GENERAL FUND FOR THE YEAR ENDED 30 JUNE 2025
| INCOME Subscriptions Charter Dinner Transfer from FNF Band refund Sundry Income Transfer from charity fund EXPENDITURE Subscriptions- RIBI District President's Allowance Foundation Hand Writing competition Donation Charter Dinner Gambling Registration Accountancy ITC for Amie Funeral Transfer to FNF RIBI Website Bank Charges Coutances RC Hospitality Gratuity Bar staff Sundry expenses SURPLUS (DEFICIT) FOR THE YEAR BALANCE BROUGHT FORWARD BALANCE CARRIED FORWARD 1,557 180 735 223 20 50 62 79 100 94 £ 2,750 4 - |
£ 2,750 4 - |
2,746 3,099 353 5,875 5,522 2025 £ 80 £ 2,545 625 120 180 1,193 150 410 295 120 656 20 270 43 65 50 61 - |
2,746 3,099 353 5,875 5,522 2025 £ 80 £ 2,545 625 120 180 1,193 150 410 295 120 656 20 270 43 65 50 61 - |
3,470 3,413 57 5,818 2024 £ |
|---|---|---|---|---|
| 1,557 180 735 223 20 50 62 79 100 94 |
80 1,193 150 410 295 120 656 20 270 43 65 50 61 |
|||
| 5,522 | 5,875 |
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ROTARY CLUB OF ILKLEY
INCOME AND EXPENDITURE ACCOUNT-CHARITY FUND FOR THE YEAR ENDED 30 JUNE 2025
| INCOME Holly Ball Quiz Night Misc Income Christmas cards Compensation HSBC Ilkley Carnival Titan Wealth SURPLUS (DEFICIT) FOR THE YEAR BALANCE BROUGHT FORWARD BALANCE CARRIED FORWARD EXPENDITURE Business Quiz Holly Ball Bank Charges Accountancy Friends of Kings Hall Transfer to General Fund Martin House (101157) Overpaym Nell Bank Rotary Leadership award Debit interest Ilkley Good Neighbours (Business Clark Foley (Business Quiz takings 14,403 1,298 100 281 75 100 5,000 9,080 63 1,423 8,920 250 1,050 18 650 650 £ |
14,403 1,298 100 281 75 100 5,000 £ |
2025 2024 |
|---|---|---|
| 21,258 22,104 847 1,044 197 £ £ 12,667 1,250 191 1,250 11,477 62 324 1,290 200 14,108 14,603 495 1,539 1,044 £ - - |
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ROTARY CLUB OF ILKLEY
INCOME AND EXPENDITURE ACCOUNT-ROTARY HOUSE TRUST (Note 2) FOR THE YEAR ENDED 30 JUNE 2025
| EXPENDITURE Accountancy Bank charges Carers Resource Holly Ball Donation INCOME Transfer from Titan Dividends SURPLUS (DEFICIT) FOR THE YEAR BALANCE BROUGHT FORWARD Movement on Investments BALANCE CARRIED FORWARD 4,500 1,490 4,500 60 £ |
4,500 1,490 £ |
2025 | 2025 | 2024 |
|---|---|---|---|---|
| 5,990 4,560 1,429 106,626 7,039 £ - |
2,253 620 £ |
2,873 2,378 495 109,207 3,076 £ - |
||
| 4,500 60 |
108 60 1,000 1,210 |
|||
| 101,016 | 106,626 |
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ROTARY CLUB OF ILKLEY
INCOME AND EXPENDITURE ACCOUNT-FRANK NEWBOULD LEGACY (Note 2) FOR THE YEAR ENDED 30 JUNE 2025
| INCOME Transfer from Titan Investment Income Transfer from General Fund EXPENDITURE Accountancy Bank charges Carers Resource Handwriting Pens Bandstand Transfer to General Fund IYCA Summer Prog Wharfedale Arts Scouts St Marys PCC SURPLUS (DEFICIT) FOR THE YEAR BALANCE BROUGHT FORWARD Movement in Investments BALANCE CARRIED FORWARD 16,000 411 400 5,000 10,000 1,250 62 270 £ |
16,000 411 £ |
2025 | 2025 | 2024 |
|---|---|---|---|---|
| 16,411 16,982 571 45,905 14,865 £ - - |
1,500 405 65 £ |
1,970 3,195 1,225 48,623 1,493 £ - - |
||
| 400 5,000 10,000 1,250 62 270 |
108 60 500 192 2,215 120 |
|||
| 30,470 | 45,905 |
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025
ROTARY CLUB OF ILKLEY
1. ACCOUNTING POLICIES
Income and Expenditure
Items of income and expenditure relating to both General and Charity Funds, the Rotary House Trust and the Frank Newbould Legacy are credited or charged to t Income and Expenditure Accounts at the time the cash is received or paid.
2. INVESTMENTS (Rotary House Trust and Frank Newbould Legacy)
The Rotary House and Frank Newbould Trust Funds are so named for identification They are held upon the like trusts as the other Charity Funds
Investments are stated in the Balance Sheet at cost
Total current market value ( as at 30 June 2025) is £140,088, (RTF £107,760+FNF £32
| Managed Funds Fixed income UK Equities Cash Balances |
TOTAL RHT FNL 2025 2025 £ £ £ 28,859 97,101 698 126,658 25,037 72,273 354 97,665 3,822 24,828 343 28,993 |
TOTAL RHT 2024 |
|---|---|---|
| £ £ 45,438 99,412 35,541 67,411 3,712 1,752 |
||
| 148,562 104,704 |
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