Rotary Club of Newtownabbey Trust Fund Trustees, Report and financial statements for the year ended 30 June 2024 Charity Number: 105141
Rotary Club of Newtownabbey Trust Fund Contents Page Legal and administrative information Trustees, report Independent examiners, report Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the financial statements 8-11
Rotary Club of Newtownabbey Trust Fund Legal and administrative Infomiatlon Trustees Paul A Hutchinson MBE Chairman Douglas N Gibson Martin H Sayliss Charity Number 105141 Registered office c/0 Douglas Huston LLP 4 Malone Road Belfast BT9 5BN Independent examiners Cleaver Black Suite 5 Ormeau House 91-97 Ormeau Road Belfast BT7 ISH
Rotary Club of Newtownabbey Trust Fund INICC: 105141) Tru5tees' Annual Report for Year Ended 30 June 2024 Trustees Paul A Hutchin50n MBE- Chairman Douglas N Gibson Martin H Sayliss Registered Address Paul A Hutchinson MBE c/0 Douglas Huston LLP, Chartered Surveyors & Estate Agents 4 Malone Road, Belfast BT9 5BN Introduction The Trustees are pleased to present their report and financial statements for the year Istjuly 2023 to 30 June 2024. The financial statements have been prepared on a 'Receipts and Payments, basis and the Trustees have had regard to the Nl Charity Commission's Public Benefit Guidance. Our Purposes To advance the prevention or relief of poverty in the UK, Ireland and Internationally. To advance the relief of those in need by reason of age, youth, ill health, disability, financial hardship or other disadvantage in Ireland, UK and particularly Internationally but not limited to emergency or overseas aid/relief. To advance the education of people in the UK, Ireland and Internationally through projects and educational programmes. To advance such other charitable purposes as permitted by the Charities Att (Northern Ireland) 2008 - Part I, Section 2 Constitution The charity 15 formally established under a Trust Deed dated 5th September 1989. Main Activitles and Achievements During the year, club members and associated organisations raised a total of £11,298 from a variety of events and sources, including donations from member5. and our Friends of Rotaryi Nepal Project event. Carol Singing, GlobalGiving receipts and the Annual Programmes fund. The remaining funds derived from various donations, ballots, volunteering events and investments.
Rotary Club of Newtownabbey Trust Fund (NICC: 1051411 Trustees, Annual Report for Year Ended 30 June 2024 Financlal review The charity's overall financial position has improved during the year, as shown by the InCase in bank balance th from £1,876 at year end 30 June 2023 to £6,069 at year end 30" June 2024. th The value of investments ha5 also increased to £40,597 at year ended 30 June 2024. Approval 2E/4-12" Approved by the Trustees on ............................................ Paul A Hutchin50n MBE Douglas N Gib50n Martin H Sayliss
Rotary Club of Newtownabbey Trust Fund (NICC: 105141) Independent examinerfs report to the charity trustees of Rotary Club of Newtownabbey Trust Fund I report on the accounts of the company for the year ended 30 June 2024, which are set out on pages 6 to 11. Respertive responsibilities of charity trustee5 and examiner As the charitV'5 trustees you are responsible forthe preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to., examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given bythe Commission under Section 65{9)(b) of the Charities Act state whether particular matters have Come to myattention. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{91(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 included consideration of any unusual item5 or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements ofthe Charities Act 4. That there is further information needed for a proper understandsng of the accounts to be reached.
Rotsry Club of NewtownabbeyTrust Fund (NICC: 105141) Independent examinerfs report to the charity trustees of Rotary Club of Newtownabbey Trust Fund (continued) Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters (l) to141 listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. (KKJ Cleaver Black Chartered Accountants Suite 5 Ormeau House 91-97 Ormeau Road Belfast BT7 ISH 2E /4-/2
Rotary Club of Newtownabbey Trust Fund {NICC: 105141) Statement of Receipts and Payments for the year ended 30 June 2Q24 Restrlcted Unrestilcted Revenue 2024 2023 Funds Funds Total Total Note Incoming Resources I ncomi ng resources from generated funds: Voluntary Income Incomi ng resources from Charita bl e Activite5 other Incoming RoUrCeS Total Incoming Re50urce5 3,658 3.658 1,844 4,470 1.405 9,533 1,765 6,235 1.405 11,298 10,622 1.086 13,552 1,765 Resour¢e5 Expended Costs ofgeneratingfunds: Charita ble Activities Other Resources Expended Total ReSourS Expended 5,225 115 1,765 6,990 115 14,262 210 5,340 1,765 7,105 14,472 Net recelpts/lpayments) 4,193 4,193 19201 Transfers between funds Surplusl{Defiot) for the year 4,193 4,193 19201
Rotary Club of Newtownabbey Trust Fund (NICC: 105141) Statement of Assets and Llabllltles for the year ended 30 June 2024 2024 2023 Total Total Bank and Cash balances Bank of Ireland current account 6,069 1,876 1 6,069 1,876 Other Assets Investments Redmayne Bentley 40.597 36.970 40,S97 36,970 2%1.¥.12.5............... Approved by the trustee5 On ........ and signed on their behalf by: Paul A Hutchinson MBE Dougl as Gi bson Martln H Sayliss".
Rotsry Club of Newtownabbey Trust Fund INICC: 1051411 Notes to the financial statements Year Ended 30 June 2024 l. Accounting policie5 The following accounting policies have been applied consistently in dealing with the charity's financial statements. Basis of accounting Section 133 of the Charities Act 2011 permits a charity to prepare a receipts and payments account and a statement of assets and liabilitie5 where gro55 income in the financial year does not exceed £250,000. therefore receipts and payments accounts and a statement of liabilitie5 ha5 been prepared and presented for the year ended 30 June 2024. All income, including grants and investment income is recorded when received. All expenditure is recorded when paid. Gift aid reclaimable on donations is included in the amounts of income once received. Basis of valuation Investments are held at market value. Expenses No expenses were paid to any of the trustees during the year except to reimburse them for purcha5e5 made on behalf of the charity. Trustees. Indemnlty Insurance No charitable funds have been used to purchase insurance to indemnify the Trustees against consequences of any neglect or default on their part, Fund Accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestrirted funds that have been set aside by the Trustees for a particular purpose. General funds may be transferred to designated funds where trustees wish to use these funds for specific purposes. Such funds may be transferred back to general funds once the criteria for the designation have been met or are no longer applicable.
Rotary Club of Newtownabbey Trust Fund INICC: 105141) Notes to the fjnancial statements (continued) Year Ended 30 June 2024 1.5 Fund Accounting {conVd) Restricted funds are funds whlch are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for purposes. The cost of raising or administering such funds are charged against the specific fund. Restricted funds may only be transferred to general or designated funds once the criteria for restriction have been discharged or no longer apply. l- Restrlrted [-"_""' Unrestrltted Revenue 2024 Funds Funds 2023 Total Total Voluntory Intome Chartty8ox collections Donation5 404 404 370 160 355 Fund Raiser.'World Cup Fund Raiser: Ballot 490 710 630 630 140 i Fund Raiser:Women's Euro 2022 140 Amazon Smi le Collecti on 69 HMRCGiftaid 1.934 40 1.934 40 Mlscellaneous 60 3,658 3.658 1.844
Rotary Club of Newtownabbey Trust Fund (NICC: 105141) Notes to the financial statements (continued) Year Ended 30 June 2024 Restricted Unrestritted Revenue Funds 2024 2023 Funds Total Total Charitable Activities Purple-4-PolioJar Donati ons- investment fol io 3,000 3,000 3,000 700 End Polio Globa5Giving- disbur5ementS Carol Singin8 &SparCDllection Event.. Christmas Hamper Floods Appeal Nepal Event- Income Distri ct Appea [- TurkevlSyrS a Earthqtsake District Young Writer Awa rd- 3rd pla ce Donation5- Frtends of Ca ncer Cent 396 2,307 135 200 1,515 1.770 50 210 j 1.305 210 Donations- Shelterbox Oonations- Chri5tma5 1,470 1,470 150 TRF.- Annua I fund- member5 contributions 150 540 4,470 1,765 1 6,235 10.622 1 Restricted Unrestrlcted Revenue Funds 2024 2023 Funds Total Total Other incoming resouros Redmayne Bentley 1,405 1,405 1,405 1,405 1,086 1,086 -io-
Rotary Club of Newtownabbey Trust Fund (NICC.. 105141) Notss to the fjnancial statements (continued) Year Ended 30 June 2024 Restrirted Unrestricted Revenue 2024 Funds Funds l Total 2023 Total Charitable actfvities Women's Aid Newtownabbey Euro 2022 & World Cup Prizes Mislodgement- Lottery8onus Ball ANBC.. Spi rit of Volunteeri ng Awa rds Young WriterWinner-StJames' PS Nep31 ProjertGlob31 Grant Bra$5 Fu51on 500 500 300 140 140 240 40 40 soo 50 loo loo 1,000 loo loo Redmayne Bentley RIBI- Ukraine appeal RIBI-5helterBoK 4,532 1,500 I,ioo 195 1,305 210 i.soo 210 Donation- Friends of the Ca ncer Centre Rc>ta ry Annual Programmes Fund N/a bbey Churches Foodba nk Northern Ireland H05pice The Rota ry FoLtradatiot7- End PDII o Mon kstown vi Ilage i nitiatives TFR-Annual Fund 1.400 200 500 soo 1,540 1,200 300 1,500 400 1.500 400 1.350 500 150 1.500 500 Martin Residenttal Trust 400 5,225 1.765 6,990 14,262 Unrestrirted Restrirted Funds 2024 2023 Funds Total Total Other rÈsourees expended Bank fees 115 lis 210 115 115 210 li-