ROTARY CLUB OF NARBERTH AJND WHLAND TRUST FIIND Report and Financial Statements For Tbt Ptriod Endin¥ 30 June 2024
ROTARY CLUB OF NARBERTH AND TRU LEGALANDADMINISTRATIVE INFORMATION IRUSTDEED DATED 10 MARCH 1975 CHARrrY IYUMBER504107 TRUSTEES ELAINE BRADBURY SUSAN PRIDMORE MEMBERS OFCOIINCIL MR P TItOMPSON (PRESIDENT) MRS E BRADBURY(IMMEDIATE PAST PREsIDEr MR C WILLIAMS (SECRETARY) MS S PR]DMORE (TREASURER) MR D HAWARD MRS B RIJMBOLD IR N TOWNS MR H uwELLyN MR P CRAWFORD MR C CIIWETT PRCAL0FFICE %35 NEWTON HEIGHTS PEMBROKESHtRE SA68 OZB HAVERFORDWEST PEMBROKESHIRE BOLtS STAFFORD
ROTARY CLUB OF NARBERTH AND IVHTTLAND TRUST FUND TRUSTEES REpoiYr For the period ending 30 June 2024 The Trustees presont their reporL along with the rquired fm4n¢ial statemMts of the charity, and examineP$ report for the period end 30 Jun¢ 2024 cONsTUTION & ORGANLSATION The Rotary Club of Narberth and Whitland {'The Club,) is constituted under a trust deed dated 10 March 1975. It R8 a registered ¢lwity. no. 504107. The Club is also a registered member of Row Internationat Britain and Treland (RIBD md compli with its governance and regulations. In addttion to the Trustee ACC there is a NaTberth and IVhitl&nd Rotary aub General Account and this deals WAth the day to day aspects of runDill8 a Rotary Club. The Club is manased by a Club Council. Members of whith are appointed at theAnnual Gentt81 Meeting and meets monthly with mimrtes bein8 distributed to all rnembers and reported to the Club each montb. Tb¢ Club has updated its De•d of Thjst to tske acwunt of annual changes to Club Presidents and Vice Presideots. Trustee5 will b¢ updated annually in line with it9 provisions. The previou8 Tn16tees fornially relinquished their Toles and this document is therefore 518n on bebalf of the new board of Tn wbidj was in plarx from 1st July 2023 OBJEC[EsAND PUBUC BENEF The Club h&8 unrestricted objects to apply the income rai8¢d for all purposes wbich are charitable under the laws of England and Wales from tirne to tirn& Subjert to any designation or restridion which mi8ht be attached to any gjtn receivel by Th¢ Club to be applied in implementation of its objecty it is the policy of the Trusttts to apply both capital and the income stream of The Club for the relief of the pcrfjr and needy or to such other charitable purpos¢ institutio4 soci¢ty orobject as the Ghatity sh1 in 8 duly CQDStitut&l m¢etin8 from time to time di. In setting our objectives and plannin8 our services. the Tmstees have 8tven CQT¢ful consideTrtion tq and complied witK the Charity Commi&8iOn'S 8¢neral guidance on public benefiL ANcL REvw JNVESTMKNT POUCY The reIts for the pthiod ended 30 June 2024 are set out in the Receipts and Paytnents SetiOn. This show8 net incoming resources for the year rf£E.997 ACHtEVEMENISAND PERFORMANCE The Club is oncv again pleased to report a yoBT of funthai8in8 allowing dlThticS f(f Local. Nati(mal and lllternational causes. In additiory members have donated nwiy hours of their time to serve local events and Organisatio and 88nize social events for the rnembership.
The Trustea8 and Council Members liais¢ to ensure all grants are nthde to de8erving causes and that the objectives of the Club are adhered to. RESERVES POUCY It is the policy of the Club to maximise unrestiicted funds, vthich are the free reserves of the ¢harAty. to ensure suffi¢ient funds are avail&ble to wver grants payable, support and administration Costs fw the fLYesee4ble future. There are no restricted reserves held at pr A proportion of sutplus of furAds i8 always hdd as & matter of )li¢y. RISK MANAGEMENT The TTUStees hav8 ¢on5idered the operatiThl and business risks which the aub faces and confirni that they have eStabli8h 8ySterns to miti8ate the 8i8oificant risks. APPOINTMINT OF TRUSTEES The have been appointed with regard to her or hi$ integrity and probity and proven record in IrlS chosen professional ¢8reeT. It is expect that the policy attacbiAg to appointments will Continue in tb8t vei The background of each appointee is such that fotmal trainin8 is not required. COINC CONCERN After mÉkin8 enquAri¢8, the Trustees have a reasLX)able expectation that tb¢ djarity has adequale r¢8ourc# to rAJntinue in op¢ratieAal exi8ten¢e for the foreseeable future. Approved by the Ilustee8 and signed on their behalf by., ..dated....... Mr PThompson President Ms Susan Ptidmore Treasurer
This ye8r £17.946k was donatd to various Local. Nationd and Intsrnational chaTities and Youth or8anisations.. Fundraising events included a very successful Charity Concert, a Duck RaK a Santa Rllll. ll Giro bike ride and Funds We also raisèd from the sale of Rotary branded scarves and the new Bee Hoodie sweatshirts MbS have as&sted in both Naerth and Whttland C4rnivaJ4 the local food festiv and marshalled at the Local Civic week We have continued to provide transport for the local Disabled sports and held annual Sound$ Fantastic to promote local young musician's taleots. Rotary Youth Competitions restarted after a pause caused by the pandernic and the Club sponsored young people from our local schools in Youth Speaks and Young Musician., The Club was al80 pleased to sponsoT 2 children at the Rotary Yth Leadership Award event During th¢ lattw hf of the y¢ar. Club way also heavily involv¢d in preparations f(r Na]beTth Outtloor Rock to be held in Au8 24. Phil Thompson MBE PRESJDENT 2023124 During the period, the charity has made of £17,946 The Benefi¢iaries included- Paul Sartyi Wales Air Ambulan¢¢ pembrokeshi and Carniarthenshire Food Bank5 RIBI End Polio Royal British Legion RC Cwmbran Christtn88 Puddin88 Fishernian8 Rest Ltving Memory Group St Johns Arnbulance Merch¢d y Mor ROKO 20 Shdterbox RFC Youth Rugby Pembrokeshire Homde&8 Pro8tat¢ Cymru Sandy Bears £2000 £2250 £475 £75 £288 £360 £i(M)O £200 £iooo £500 £1180 £200 £200 £750 £210 £750 £100 £250 £223 £250 £250 £iuo £500 £1685 £150 Welsh Disabled Sports Tav¢rnspite Playgroup Narberth Cadet Hut Wbitland Cadets Swirn N8Tberth Gwendraeth Paddler8 Frankies Fund Youth related including Rotary Youth Leadership Awards Youth sponsorships Total £17,946
ROTARY CLtIB OF NARBERTH AND WHftLAND TRUST FUND rfDEPENDENT EXAMtNER'S REpoKf TO rn TRIISTEES OF I report on the accounts of The Rotary aub of Nthrth und Whitland Trust Fund ('The Club.) for the p¢riod ended 30 June 2024. Resptttive responsiblllties of trusteeJ and examiner The Charitys trustees are responsible for the preparation of the a¢counts. The charity's trustees conslder that Pa audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Art) and that an independent examination is needed. It Is my respNJDsibility to.. examine the aco)unts under section 145 of the Charities A¢ to follow the prc¢edures laid down in the General Directions gtven by the Charity Commi&8ion under $eclit)n 145(5)(b); and to State whether particar mattm have ¢ome to my aitention. This report is made sojely to the charAty3 ITU8tee8. My examiDation work has been undertaken so that I might state to the charity's trusttts those matters I am required to st&t¢ to them in an examinevs report and for no oth To the fIleSt ext¢nt pern]itted by l&w. I do not acc¢pt or assume re8ponsibility to anyone other than the charity and the charity's trustees as a body. for my examination. this repoT( or for th¢ opinions I have forned. Bmis ofjndependent examiner's report The examination was cauied out in accordance with the Genernl DArection8 given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a compaTison of the accounts presented with those records. It also includes consideration of any unu5ua] items or disclosu$ to the account4 8nd seeking explanations from you as TStee$ concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audil, and consequelltly no opinion 18 8iven as lo whether the acc]nts present a'true and fair view and the report is limited to those nttr8 set out in the StatOnt below. Independent examiner's statement In Lwi&*ion with my examAnatio]4 no matter has LMXD¢ to my attffjtion.. (l) which gives me re&sonable Cause to believe that in any matsrial re8P¢Ct the requirements to keep ¢OUtIng ordS in accordance with s¢ction 130 of the c.harities A¢ and to prepar¢ accounts whAch acGoTd with the accounting records and comply with th¢ a¢c(Rmtin8 requirement of the Charities Act have not been or (2) to whid4 ftn my Opinio attention shwld be drawn in order to enable a proper und%¥Standing of the As noted last yèar, one aSpt that the Trustees may o)n5idu reviewin& is that of the online banking payments aTran8ement& Presently one person can action online payments. whereas the Charity Commission rewmmends the we of dual authority for financial control. It is not a legal rquirement to do 80. but is recomth¢DdwJ as be8t practice. EWI BOLUS ACXB STAFFORD
ROTARYCLUB OF NARBERTH AND WHITLAND TRUST FUND STATEMENT OFASSETSAIYD LIABILITIES at 30 JUNE 2024 2023 2024 FIXEDASSETS Office Equipment CURRENT ASSETS Stock 1043 965 **1 Bank Accwnts and Cash 2,028 2,264 19,331 14.166 CURRENT LJABllJrnS Creditors Accruals ** I 12.709 5,546 NETCURRENT ASSETS NET ASSE13 FtFNDS 62 UnrestrACted Fund8 TOTAL FUNDS CARRtED FORWARD ** Notes Prepayment and Accrual figures relate to Narberth Outdoor Rock tsking place in Allg 24 (next Financial ye8r) Pre purchawl tickets £12,709 and Expenses £2,028
ROT Y CLUB OFNARBER RECEIPTS AIYD PAYMEKIS STATEMENT Ptriod ended 30 June 2024 UnrestrictedFuNdg 2023 2024 INCOMING RESOURCES FROM GENEL Voluntary Income Donations & Sponsorships Artivities for generatiDg fundj Fundraising knivities Other lttcome 3.462 I,iio 11,105 39.973 TOTAL INCOMING RXSOtFRCES 14,567 41.083 RESOURCES EXPENDED Charitable Activltffies: Other costs Costs associated with fundrtiising adivities Governan¢¢ cost8 11480 917 3.049 17.946 1,283 19.733 123 TOTALRESORCEs EXPENDED 64 NET RESOURCES FOR THE YEAR (1073) 1.998 NET MOVEMENTINFUNDS (1073) 1998 UNDS BROIIGHT FORWARD 69 6.622