## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **TRUSTEES REPORT AND FINANCIAL STATEMENTS**
**30 JUNE 2025**
**Charity Number SC008757**
**THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **TRUSTEES REPORT AND FINANCIAL STATEMENTS**
## **YEAR ENDING 30 JUNE 2025**
|CONTENTS|PAGES|
|---|---|
|Members of the Board and professional advisers|1|
|Trustees Annual Report|2 - 5|
|Independent examiner's report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the financial statements|9 - 13|
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS 2024/25**
The Rotary Club of Edinburgh Jubilee Charity Fund
Registered charity name The Rotary Club of Edinburgh Jubilee Charity Fund SC008757 Trustees Club President Club Treasurer Appointed 1 July 2024 Appointed 1 July 2024 Appointed 1 July 2024 Resigned 30 June 2024 Resigned 30 June 2024 Business address Independent examiner Bankers The Royal Bank of Scotland plc 36 St Andrew Square Edinburgh EH2 2YB
Page 1
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDING 30 JUNE 2025**
The trustees present their report and the independently examined financial statements of the Charity for the year ended 30 June 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Reference and administrative details are shown in the schedule of members of the board and professional advisors on page 1 of the financial statements.
## **THE TRUSTEES**
The trustees who served the charity during the year and to date were as follows:-
Ex-officio (Appointed 1 July 2025) Ex-officio (Appointed 1 July 2024)
(Resigned 30 June 2025)
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Rotary Club of Edinburgh Jubilee Charity Fund was established by trust deed dated 1961, amended 19 September 2002, 6 March 2008, 26 June 2014, 16 June 2016 and 11th May 2023. The management of the fund is the responsibility of the Trustees who are elected under the terms of the trust deed.
The Trust is a charity and was originally recognised as such by the Inland Revenue for taxation purposes. As a result there is no liability to taxation on any of its income. The trust now appears on the register of the Office of the Scottish Charity Regulator under Scottish Charity No. SC008757. The charity can be contacted at the business address shown.
## **Recruitment and Appointment of Trustees**
The trustees consist of the President and Honorary Treasurer of the Rotary Club of Edinburgh (the Club) as ex-officio trustees and six Club members appointed as ordinary trustees at the Annual General Meeting of the Club. Two ordinary trustees retire annually by rotation. Retiring trustees shall be eligible for re-election, provided that they do not serve more than three consecutive terms of three years.
Page 2
## THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND
## TRUSTEES ANNUAL REPORT (continued)
## YEAR ENDING 30 JUNE 2025
## Trustees’ Induction and Training
Trustees are encouraged to attend relevant training courses which deal with the subject of trustees' responsibilities. The trustees meet at least three times per year and receive no remuneration or expenses for their services to the charity. The charity employs no staff.
## Risk Management
The trustees actively review the major risks which the charity faces and believe that maintaining the investment portfolio at its current level, combined with the policy adopted for making grants, will provide sufficient resources in the event of adverse conditions.
## Related Parties
The Rotary Club of Edinburgh is deemed to be a related party and, as noted above, all trustees are members of the Club. The Club has its own Constitution.
## OBJECTIVES AND ACTIVITIES
At an extra-ordinary general meeting of the Club held on 11 May 2023 the objects of the Trust were amended to reflect modern conditions and terminologies. These objects now are:-
- (a) To assist those in need, either directly or by giving grants to other organisations equipped to do so, especially:
- m= the poor
- m= the young
- = those with special needs, because of illness and/or disability m those concerned with the welfare of animals ms those affected by disasters or major emergencies
- (b) To provide support for the advancement of:
- = education
- = religion
- = medical research a improvements to the environment
- (c) To give consideration to supporting any of the above that is:
- = located or based in or around the City of Edinburgh
- = located or based in a country without developed support structures
- = projects that are co-ordinated with Rotary International or other Rotary Clubs.
The trustees make grants and decide on the amount payable on the basis of written applications for funding or sponsorship.
Members of the Club and their families act as unpaid volunteers for the charity.
## ACHIEVEMENTS AND PERFORMANCE
No specific targets for fundraising were put in place but fundraising activity raised £23,571 (2024, £16,034). The aim would be to maintain or enhance this level of activity in the future.
Grants distributed and projects supported totalled £32,362 (2024 £29,084) as listed in Notes 5 & 6 to the financial statements.
## FINANCIAL REVIEW
Total revenue of £32,806 was up by £7,410 largely due to the May Challenge receipts and District Grants awarded. The trustees were able to award grants and project funding amounting to £32,362, an increase of £3,278 compared with last year.
Also, the investment valuations at 30 June 2025 exceeded the prior year valuations by £25,676 The trustees are satisfied that the financial aims were broadly achieved.
Page 3
**THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
**TRUSTEES ANNUAL REPORT** _**(continued)**_
**YEAR ENDING 30 JUNE 2025**
## **INVESTMENT POLICY**
This is being achieved by the funds being invested in a spread of investment trusts and similar pooled investment vehicles. As a result of an investment review carried out in 2021, the portfolio was rebalanced to give more weight to income producing investments. This has largely been successful and has resulted in an increase in investment income.
## **RESERVES POLICY**
The Reserves of the charity comprise the Endowed Fund and the Revenue Fund. The current Reserves policy was established at a meeting of trustees held on 5 September 2013 and, while both Capital and Income may be distributed, they agreed as follows:-
## 1 **Endowed Fund**
The Endowed Fund will be represented by the components of the investment portfolio held by Stocktrade on 1 April 2013. The only movements in the fund will be as a result of market value changes and additional funds invested.
## 2 **Revenue Fund**
The Revenue Fund will be represented by other funds at 1 April 2013 and will be credited with investment income, fundraising and donations received less grants, awards and other expenditure approved by the Trustees.
|expenditure approved by the Trustees.||
|---|---|
|The resulting Reserves at 30 June 2025 are:-
Endowed Fund
Revenue Fund|£320,171
£16,952|
||£337,123|
The Trustees aim to maintain revenue reserves of approximately 50% of annual outgoings. The results for the year are shown in the Statement of Financial Activities on page 7.
## **PLANS FOR FUTURE PERIODS**
The trustees plan to continue the activities outlined above including fund-raising and making grants to a variety of deserving causes.
## **RESPONSIBILITIES OF THE TRUSTEES**
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
Page 4
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **TRUSTEES ANNUAL REPORT** _**(continued)**_
## **YEAR ENDING 30 JUNE 2025**
## **RESPONSIBILITIES OF THE TRUSTEES** _**(continued)**_
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **DISCLOSURE OF INFORMATION TO THE INDEPENDENT EXAMINER**
To the knowledge and belief of each trustee at the time that this report is approved:
- so far as each trustee is aware, there is no relevant information of which the charity's examiner is unaware and
- each trustee has taken all steps that he/she ought to have taken in order to make himself/herself aware of any relevant accounts information and to establish that the charity's independent examiner is aware of the information.
Signed on behalf of the trustees
Trustee 4th November 2025
Page 5
**THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHARITY**
I report on the accounts of the charity for the year ended 30 June 2025 set out on pages seven to thirteen.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10 (1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to state, on the basis of my examination as required under section 44(1) (c) of the Act, whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S STATEMENT**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a 'true and fair view'.
## **INDEPENDENT EXAMINER'S STATEMENT**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:
- proper accounting records are kept in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- accounts are prepared which agree with the accounting records and comply with Regulation 8 The Rotary Club of Edinburgth Jubilee Charity Fund which was established by trust deed dated 1961,
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Signed
Page 6
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDING 30 JUNE 2025**
|**Notes**
**INCOMING RESOURCES**
Incoming resources from
generating funds:
Voluntary income
**2**
Investment income
**3**
Gain/ (Loss) on investment assets
**9**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Costs of generating funds
Grants
**6**
Projects
**5**
Governance Costs
**TOTAL RESOURCES EXPENDED**
**NET INCOMING RESOURCES**
**BEFORE TRANSFERS**
Transfer between Funds
**NET RESOURCES EXPENDED**
**FOR THE YEAR**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**£**
23,571
9,235
32,806
(80)
(31,667)
(615)
0
(32,362)
444
0
444
16,508
16,952
**Fund 2025**
**Revenue**|**£**
0
0
25,676
25,676
0
0
0
0
0
25,676
0
25,676
294,495
320,171
**Fund 2025**
**Endowed**|**£**
23,571
9,235
25,676
58,482
(80)
(31,667)
(615)
0
(32,362)
26,120
0
26,120
311,003
337,123
**2025**
**Total Funds**|**£**
16,034
9,362
25,396
(80)
(23,105)
(5,899)
0
(29,084)
(3,688)
0
(3,688)
20,196
16,508
**Fund 2024**
**Revenue**|**£**
**£**
0
16,034
0
9,362
28,717
28,717
28,717
54,113
0
(80)
0
(23,105)
0
(5,899)
0
0
0
(29,084)
28,717
25,029
0
0
28,717
25,029
265,778
285,974
294,495
311,003
**Fund 2024**
**2024**
**Endowed**
**Total Funds**|
|---|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
Page 7
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **BALANCE SHEET**
## **As at 30 JUNE 2025**
|**Notes**
**FIXED ASSETS**
Investments
9
**CURRENT ASSETS**
Debtors
**10**
Cash at bank
**CREDITORS: Amounts falling**
**due within one year**
**11**
**NET CURRENT ASSETS**
**TOTAL NET ASSETS**
**RESERVES**
Endowed Fund
**12**
Revenue Fund
**13**
**TOTAL RESERVES**|**£**
**£**
**£**
**£**
320,171
_294,495_
0
_0_
18,127
_16,508_
18,127
_16,508_
1,175
_0_
16,952
_16,508_
337,123
_311,003_
320,171
_294,495_
16,952
_16,508_
337,123
_311,003_
**30-Jun-25**
**30-Jun-24**|**£**
**£**
**£**
**£**
320,171
_294,495_
0
_0_
18,127
_16,508_
18,127
_16,508_
1,175
_0_
16,952
_16,508_
337,123
_311,003_
320,171
_294,495_
16,952
_16,508_
337,123
_311,003_
**30-Jun-25**
**30-Jun-24**|
|---|---|---|
|||_311,003_|
|||_294,495_
_16,508_|
|||_311,003_|
Approved by the Trustees on 14th October 2025 and signed on their behalf by
Niall D C Finlayson Brian Smellie
The notes on pages 9 to 13 form part of these financial statements
Page 8
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR ENDING 30 JUNE 2025**
## **1 ACCOUNTING POLICIES**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value, and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
## **Investments**
Investments are included at market value. Gains and losses on revaluation of investments are charged or credited to the SOFA.
## **Investment Income**
Income from investments is accounted for in the year in which it is received.
## **Incoming Resources**
All incoming resources are recognised once the charity has entitlement to the resources, is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.
Income represents donations and collections from the charity's ordinary activities.
## **Resources Expended**
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. These are allocated as between charitable expenditure and governance costs.
Charitable expenditure is incurred in direct pursuance of the charity's principal objects through fund raising activities carried out by The Rotary Club of Edinburgh.
Governance costs comprise all costs involved in compliance of regulation and good practice.
## **VAT**
The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.
Page 9
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDING 30 JUNE 2025**
## **2 VOLUNTARY INCOME**
|**Donations and Fundraising**
Members Donations - General
Kids Out
May Challenge - End Polio
Burns Supper
Movie Night
Spice Evenings
Fundraiser - Golf Club Charity day
Christmas Lunch Prize Draw
Gift Aid
Easy Fundraising
District Grants Received|**£**
**£**
_£_
7,225
7,225
_7607_
0
0
_2030_
5,880
5,880
_0_
740
740
_0_
0
0
_569_
2,167
2,167
_0_
3,410
3,410
_4244_
585
585
_0_
1,537
1,537
_1556_
46
46
_28_
1,981
1,981
_0_
23,571
23,571
_16,034_
**Revenue**
**Total Funds**_Total Funds_
**Fund**
**2025**
_2024_|
|---|---|
**3 INVESTMENT INCOME**
|Income from UK listed investments
Bank interest receivable
**4**
**GOVERNANCE COSTS**
Administration costs
**5**
**PROJECTS**
Kids Out
Women's Aid Vouchers
Christmas Parcels|**£**
**£**
_£_
8,983
8,983
8971
252
252
391
9,235
9,235
_9,362_
0
0
_0_
**£**
**£**
_£_
0
0
_4493_
615
615
_600_
0
0
1,106
615
615
6,199
**Revenue**
**Total Funds**_Total Funds_
**Fund**
**2025**
_2024_
**Revenue**
**Total Funds**_Total Funds_
**Fund**
**2025**
_2024_
**Revenue**
**Total Funds**_Total Funds_
**Fund**
**2025**
_2024_|
|---|---|
Page 10
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDING 30 JUNE 2025**
## **6 GRANTS & PROJECTS**
|The Rotary Foundation - Annual Fund
The Rotary Foundation - End Polio Now
RI Christmas Toy Boxes
RYLA - Student Fees
Rotary CC 2024 Propject - Katmandhu
Vintage Chorus
St Thomas of Aquins
Mission Africa - Elizabeth Townsend
Project Trust - Andrew Stewart Palenzuela
Hearts and Minds
Teapot Trust
Project Trust - Zoe Ferguson
Vintage Vibes (Lifecare Edinburgh)
Venture Scotland
Kindred Advocacy
Womans Aid Vouchers
Freedom Kit Bags
My Kind of Book
Pregnacy Counselling
Empty Kitchens
Canine Concern Scotland
Light Up Learning
Compass Therapy
Lothian Autistic
Handicapped Children
Project Trust - Rachel Jackson
Care Support Scotland
Green Power
Wairuri Foundation - Kenya
Mbabaali Memorial School Uganda
McConnell Foundation - Keep Girls in School
Childrens Visual Project Mexico
Guatemala Project
Edinburgh Direct Aid International
Community Help & Advice Centre
103rd Braids Scouts
72nd Edinburgh Girl Guides
Edinburgh Headway Group
Inclusive Surfing Scotland
Lothian Centre for Inclusive Living
Asthma Relief
Rowan Alba
Global Sight Solutions
Project Trust
Dean Orphanage & Cauvins Trust
Kids Out
Christmas Parcels|**£**
**£**
_£_
4,564
4,564
_5,034_
5,500
5,500
_0_
300
300
_300_
1,340
1,340
_1,200_
1,750
1,750
_1,695_
500
500
500
500
400
400
300
300
500
500
500
500
300
300
1,000
1,000
1,000
1,000
500
500
615
615
_600_
500
500
500
500
1,000
1,000
1,000
1,000
500
500
500
500
1,000
1,000
1,250
1,250
1,000
1,000
300
300
1,000
1,000
500
500
1,215
1,215
1,215
1,215
1,200
1,200
0
0
_500_
0
0
_265_
0
0
_2,000_
0
0
_500_
0
0
_345_
0
0
_200_
0
0
_3,516_
0
0
_750_
0
0
_1,000_
0
0
_950_
0
0
_2,000_
0
0
_1,000_
0
0
_550_
0
0
_1,000_
0
0
_4,493_
0
0
_1,106_
32,249
32,249
_29,004_
**Revenue**
**Total Funds**_Total Funds_
**Fund**
**2025**
_2024_|
|---|---|
Page 11
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDING 30 JUNE 2025**
## **7 TRUSTEES' REMUNERATION**
No trustee received any remuneration or reimbursement of expenses from the charity (2024 - £nil).
## **8 FUND TRANSFERS**
Excess funds are transferred to further the objectives of the charity and in accordance with the revised Reserves Policy
## **9 INVESTMENTS**
|**9**|**INVESTMENTS**||||||
|---|---|---|---|---|---|---|
||**Movement in market value**||||**2025**|_2024_|
||||||**£**|_£_|
||Market value at 1 July 2024||||294,495|_265,778_|
||Sale of shares||||0|0|
||Purchase of shares||||0|0|
||Net gain (loss) on revaluation at 30 June 2025||||25,676|_28717_|
||Market value at 30 June 2025||||320,171|_294,495_|
||Historical cost at 30 June 2025||||132,465|_132,465_|
||**Analysis of investments at 30 June 2025 between funds**||||||
|||**Revenue**||**Endowed**|**Total Funds**_Total Funds_||
|||**Fund**||**Fund**|**2025**|_2024_|
|||**£**||**£**|**£**|_£_|
||UK listed investments||0|320,171|320,171|_294,495_|
||The following investments represented more than 5% of the|||value of the|portfolio at 30 June 2025||
|||**Holding**||**Cost**||**Value**|
||||||**2025**|_2024_|
|||||**£**|**£**|**£**|
||Alliance Trust - Ordy 25p shares|3,800||10,117|46436|_46,056_|
||M & G Charifund Units|1,200||9,445|18876|_18,201_|
||Scottish American Investment Co - Ordy 25p shares|10,000||15,414|50900|_51,300_|
||Scottish Mortgage Invest Trust - Ordy 5p shares|6,708||2,408|69360|_59,312_|
||Murray Income Trust – Ordy 5p shares|2,748||24,997|23468|_23,550_|
||Murray International Trust – Ordy 5p shares|2,086||24,996|29204|_26,336_|
||Law Debenture Corp - Ordy 5p shares|5,100||20,092|51000|_43,095_|
||City of London Investment Trust - Ordy 25p shares|6,344||24,996|30927|_26,645_|
|||||132,465|320,171|_294,495_|
|**10**|**DEBTORS**||||**2025**|_2024_|
||||||**£**|_£_|
||||||0|_0_|
||||||0|_0_|
|**11**|**CREDITORS**||||**2025**|_2024_|
||||||**£**|_£_|
||Deferred Grant Payment||||1,175|_0_|
||||||1,175|_0_|
Page 12
## **THE ROTARY CLUB OF EDINBURGH JUBILEE CHARITY FUND**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDING 30 June 2025**
## **12 ENDOWED FUND**
|||**Balance at**|**Transfers**|**Gain on**|**Balance at**|
|---|---|---|---|---|---|
|||**1 July 2024**||**Investments **|**30 Jun 2025**|
|||**£**|**£**|**£**|**£**|
|||294,495|0|25,676|320,171|
|**Balance at**||**Transfers**|**Incoming**|**Outgoing**|**Balance at**|
|**1**|**July 2024**||**Resources**|**Resources**|**30 Jun 2025**|
||**£**|**£**|**£**|**£**|**£**|
||16,508|0|32,806|(32,362)|16,952|
||**£**
294,495
**1 July 2024**
**Balance at**|**£**
294,495
**1 July 2024**
**Balance at**|
|---|---|---|
|**13**
**REVENUE FUND**
**£**
**£**
**£**
**£**
**£**
16,508
0
32,806
(32,362)
**14**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**£**
**£**
**£**
**Endowed Fund**
320,171
0
**Revenue Fund**
0
16,952
320,171
16,952
337,123
**Investments**
**assets**
**Total**
320,171
16,952
**1 July 2024**
**Resources**
**Resources**
**30 Jun 202**
16,952
**Net current**
**Balance at**
**Transfers**
**Incoming**
**Outgoing**
**Balance a**|**£**
**£**
**£**
**£**
**£**
16,508
0
32,806
(32,362)
**1 July 2024**
**Resources**
**Resources**
**30 Jun 202**
16,952
**Balance at**
**Transfers**
**Incoming**
**Outgoing**
**Balance a**||
||||
|||**£**
337,123
**Total**
320,171
16,952|
## **15 RELATED PARTY TRANSACTIONS**
As stated in the Trustees' Report, The Rotary Club of Edinburgh is deemed to be a related party. No individual members of the Club have benefited from donations or sponsorship paid out. Donations received from Club members are shown in Note 2. Club members also act as unpaid volunteers in connection with the various fund raising events and collections.
## **16 COMMITMENTS**
Contribution to Contact Clubs Annual Project £1800.
Page 13