## **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**<br>**Report of the Independent Examiner**<br>**Balance Sheet**<br>**General Fund**<br>**Charity Fund**<br>**Rotary House Trust Fund**<br>**Frank Newbould Legacy**<br>**Notes to the Accounts**|**Page**|
|---|---|
||1<br>2<br>3<br>4<br>5<br>6<br>7<br>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 

- 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: 

3 

## **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. 

- It is my responsibility to: 

- examine the accounts under section 145 of the Charities Act, 

- to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and 

- 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: 

- accounting records were not kept in accordance with section 130 of the Charities Act or 

- 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** 

|…....................<br>C Pacsoo -President<br>Date:<br>CURRENT ASSETS<br>Cash & bank Balances<br>General Fund<br>Charity Fund<br>Rotary House Trust<br>Newbould Legacy<br>Represented by:-<br>INVESTMENTS (Note 2)<br>Brought forward<br>Profit/(Losses) on Disposals<br>GENERAL FUND<br>CHARITY FUND<br>ROTARY HOUSE TRUST (Note 2)<br>FRANK NEWBOULD LEGACY (Note 2)<br>£<br>148,562<br>21,904<br>5,522<br>198<br>3,351<br>1,476<br>-|**2025**<br>£<br>5,522<br>198<br>101,016<br>30,470|£<br>153,131<br>4,569<br>-|
|---|---|---|
||137,206||
||126,658<br>10,548||
|||5,875<br>1,045<br>1,922<br>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**<br>Subscriptions<br>Charter Dinner<br>Transfer from FNF<br>Band refund<br>Sundry Income<br>Transfer from charity fund<br>**EXPENDITURE**<br>Subscriptions-<br>RIBI<br>District<br>President's Allowance<br>Foundation<br>Hand Writing competition<br>Donation<br>Charter Dinner<br>Gambling Registration<br>Accountancy<br>ITC for Amie Funeral<br>Transfer to FNF<br>RIBI Website<br>Bank Charges<br>Coutances RC Hospitality<br>Gratuity Bar staff<br>Sundry expenses<br>SURPLUS (DEFICIT) FOR THE YEAR<br>BALANCE BROUGHT FORWARD<br>BALANCE CARRIED FORWARD<br>1,557<br>180<br>735<br>223<br>20<br>50<br>62<br>79<br>100<br>94<br>£<br>2,750<br>4<br>-|£<br>2,750<br>4<br>-|2,746<br>3,099<br>353<br>5,875<br>5,522<br>**2025**<br>£<br>80<br>£<br>2,545<br>625<br>120<br>180<br>1,193<br>150<br>410<br>295<br>120<br>656<br>20<br>270<br>43<br>65<br>50<br>61<br>-|2,746<br>3,099<br>353<br>5,875<br>5,522<br>**2025**<br>£<br>80<br>£<br>2,545<br>625<br>120<br>180<br>1,193<br>150<br>410<br>295<br>120<br>656<br>20<br>270<br>43<br>65<br>50<br>61<br>-|3,470<br>3,413<br>57<br>5,818<br>**2024**<br>£|
|---|---|---|---|---|
||1,557<br>180<br>735<br>223<br>20<br>50<br>62<br>79<br>100<br>94||80<br>1,193<br>150<br>410<br>295<br>120<br>656<br>20<br>270<br>43<br>65<br>50<br>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**<br>Holly Ball<br>Quiz Night<br>Misc Income<br>Christmas cards<br>Compensation HSBC<br>Ilkley Carnival<br>Titan Wealth<br>SURPLUS (DEFICIT) FOR THE YEAR<br>BALANCE BROUGHT FORWARD<br>BALANCE CARRIED FORWARD<br>**EXPENDITURE**<br>Business Quiz<br>Holly Ball<br>Bank Charges<br>Accountancy<br>Friends of Kings Hall<br>Transfer to General Fund<br>Martin House (101157) Overpaym<br>Nell Bank<br>Rotary Leadership award<br>Debit interest<br>Ilkley Good Neighbours (Business<br>Clark Foley (Business Quiz takings<br>14,403<br>1,298<br>100<br>281<br>75<br>100<br>5,000<br>9,080<br>63<br>1,423<br>8,920<br>250<br>1,050<br>18<br>650<br>650<br>£|14,403<br>1,298<br>100<br>281<br>75<br>100<br>5,000<br>£|**2025**<br>**2024**|
|---|---|---|
|||21,258<br>22,104<br>847<br>1,044<br>197<br>£<br>£<br>12,667<br>1,250<br>191<br>1,250<br>11,477<br>62<br>324<br>1,290<br>200<br>14,108<br>14,603<br>495<br>1,539<br>1,044<br>£<br>-<br>-|



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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**<br>Accountancy<br>Bank<br>charges<br>Carers Resource<br>Holly<br>Ball<br>Donation<br>**INCOME**<br>Transfer from Titan<br>Dividends<br>SURPLUS (DEFICIT) FOR THE YEAR<br>BALANCE BROUGHT FORWARD<br>Movement on Investments<br>BALANCE CARRIED FORWARD<br>4,500<br>1,490<br>4,500<br>60<br>£|4,500<br>1,490<br>£|**2025**|**2025**|**2024**|
|---|---|---|---|---|
|||5,990<br>4,560<br>1,429<br>106,626<br>7,039<br>£<br>-|2,253<br>620<br>£|2,873<br>2,378<br>495<br>109,207<br>3,076<br>£<br>-|
||4,500<br>60||108<br>60<br>1,000<br>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**<br>Transfer<br>from<br>Titan<br>Investment Income<br>Transfer from General Fund<br>**EXPENDITURE**<br>Accountancy<br>Bank charges<br>Carers Resource<br>Handwriting Pens<br>Bandstand<br>Transfer to General Fund<br>IYCA Summer Prog<br>Wharfedale Arts<br>Scouts<br>St Marys PCC<br>SURPLUS (DEFICIT) FOR THE YEAR<br>BALANCE BROUGHT FORWARD<br>Movement in Investments<br>BALANCE CARRIED FORWARD<br>16,000<br>411<br>400<br>5,000<br>10,000<br>1,250<br>62<br>270<br>£|16,000<br>411<br>£|**2025**|**2025**|**2024**|
|---|---|---|---|---|
|||16,411<br>16,982<br>571<br>45,905<br>14,865<br>£<br>-<br>-|1,500<br>405<br>65<br>£|1,970<br>3,195<br>1,225<br>48,623<br>1,493<br>£<br>-<br>-|
||400<br>5,000<br>10,000<br>1,250<br>62<br>270||108<br>60<br>500<br>192<br>2,215<br>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**<br>**Fixed income**<br>**UK Equities**<br>**Cash Balances**|**TOTAL**<br>**RHT**<br>**FNL**<br>**2025**<br>**2025**<br>£<br>£<br>£<br>28,859<br>97,101<br>698<br>**126,658**<br>25,037<br>72,273<br>354<br>**97,665**<br>3,822<br>24,828<br>343<br>**28,993**|**TOTAL**<br>**RHT**<br>**2024**|
|---|---|---|
|||£<br>£<br>45,438<br>99,412<br>35,541<br>67,411<br>3,712<br>1,752|
|||**148,562**<br>**104,704**|



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