Rotary Club of Clydebank Scottish Charity No- SC051760 Annual Report and Financial Statements th For the Year Ending 30 June 2024 Trustees. Annual Report Forthe year endinc 30 June 2024 Thè tru%tèe&' have pleasure in presenting their rewrt together wfth the financial statement5 for the Year endin8 30th June 2024. Reference and Administrative Information Charlty Name: The Rotsry Club of Clydebank SCIO Chzrlty No: SC051760 Address: clo 12 Montyose Drlve, 6earsden. Glasgow G613JZ Strurture, Governance, and Management Constltutlon The Charity Is a Scottfjsh Charitable Ineorpordted Or8anisation {a saoi. It was re8iStered in its current legal form on 261tr May 2022. Prior to char6ing its legal form to a SCIO, Ihe charity was an unlncorporaied assoclatlon fO￿ded on 20 November 1968. The assets of the unlncorpordted asSocia￿On were transferred to the SCIO on the l July 2022. It has a single tler structure and as such the trustees are members of the charity. Appolntment of Trustees The management commlttee, whlch normally meets on the last Friday of each month, are thè charity'stru5tees. Membership of the rnana8ement mmmittee 15 open to all members ofThe Rotary Club of Clydebank, but It will always indude ihose members currently holding the offices of President, President Ele¢ sec￿tary. and Treasurer. There must be a mlnlrnurn of four and a maximum of el8ht trustees. Objecttves and Activitie5 Charitsble purposes The mission of Rotary is to provide servio to others. promote integrity. and advance world understanding, goodwill, and peace through our fellowship of business. professional. and commLsnitv leaders. Rotary's seven areas of focus are as follow5: Promoting peace. Rotary encourages conversations to foster understanding within and across cultures Flghttng disease Providing clean water. sanitation, and hygiene Saving mothers and children Supporting educatton Growing local economies Protecting the environment Activities Members of The Rotary Club of Clydebank meet at 12:45 every Friday at Clydebank & District Golf Club. Recurring agenda items include: providing guest speakers an opportunity to bring to our attentlon causes that might be worthy ofour support reviewing applications for support received from Wdrious local. national, and internatbonal causes planning fundraising events Flnandal Review During the course of the year ending 3￿ June 2024 a totsl of £5.020 was disbursed as charitable donatlons- see Note 12 on Page S for full detalls. Our source5 of funds are as follows: Annual Subscriptions of £1401member, comprlsln8 a Rotary G￿at Britsin & Ireland IRGB&II subscription of £78, a Rotary District 1320 subscription of £26. and £36 retained by the club to offset expenses. Ad-hoc donations from members attending the weekly club meetin8. Fund raising events. Grdnt5 from Rotary Foundation. matching funds raised by the club for approved projects that meet the charitable objectfves of one or more of Rotsry's seven a￿a of focus. In the year ending 30 June 2024 a Dlstrict Grènt of £l,(L)O was recetved, representln8 50% of the donation made to the "Mechanics for Africa" project. Tax recoveries under the Gift Aid and Gift Aid Small l)onations Schemes. Reserves Pollcv The trustees, policy is to retain 3 month's worth of nornial running costs in order to meet commitments and cover any unexpected expenditure. ststement of Recelpts and Payments for the year ended 30 June 2024 Unrestrlcted Funds Restrkted FUNIS Year Ended Year Ended 30106n024 301￿/2023 RKeipts Donations Grants Fundraising Charitable Activities Tax Recovered on Gift Aid Bank Interest Received Total Recelpts Note É2,362.42 £0.00 £0.00 É2.110.IX) £433.75 £0.00 £4,9(￿.17 £9Q).O) £i.OOD.(X) £2,835.10 £O.(KJ £702.62 £o.c £5,437.n £3,262.42 £i.000.00 £2.835.10 2.110.Q) £1,136.37 £0.00 £10,343.89 £4.042.CN) £450.C £2,555. £3.762.57 £0.00 £0.00 £10,809.57 io li Payments Donations Charitable Actlvities Governance Costs Equlpment 12 ia £950.IXI É4,422.46 £4.070.IJ) £0. £0. £o.IxJ £4070.IXI £5.020.00 £4.422.46 £0.00 £0.00 £9,MZ.46 £6,641.C(J £4.668.62 £0.00 £0.00 £11,309.62 £0.00 £5,3n.46 Totsl Payments Receipts OIIUI Payments for the year Transfer5 between funds SurplusllDefklt) for the year {£466.291 £1,367.72 £￿)1.43 {£500.051 1£466.291 £1,367.72 £￿1,45 1£500.051 Slatement of Balances - As at 30 June 2024 Unrestrleted Fund5 Restrocted FuTh15 Totsl Bank & Cash Balances Balance5 BIF1011071231 Note E3,050.C6 £o.cKJ £3,050.06 Movement In Year Receipts OIIUI Payments Balance5 CIF1301061241 1£900.041 E2,150.02 £1,801.47 £1,801.47 £901.43 £3,951.49 The ac¢ounts were approved by the Trustees on ZJ.I.A/2025 For and on behalf of the Trustees Independent Examinew's Report Is slM)wn on Page 6 Notes to the accounts for the year ended 30 June 2024 Ipa8e l of 2} 1 Basls of accountlng These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustees Investment IS¢otlandl Art 21x15 and the Charities Accounts (Scotlandl Regulations 2006 las amended). 2 Trustee Remuneratlon and Related Thlrd Party Transartlons Payments to Trustees were limited to direct reimbursement for money expended on goodslservices purchased by them on behalf of the Rotary Club of Clydebank SCIO. 3 Colle¢tlons for Thlrd Partles Club members co-ordinated collertions in Clydebank on behalf of the 2023 Poppy Scotland appeal. A total of £3,909.40 was lodged in the No 2 account on various dates between 2nd Nov and 20th Dec 2023. Cheque No's 39 & 41 were issued to Poppy Scotland for £3.769.40 and É140.CN) and cleared on 4th December 2023 and 12th January 2024 respectively. Donations collected by club members outside ASDA Clydebank were consolidated and remitted directly to Poppy Scotland via ASD4 and are not recorded in the Financial Statements for Clydebank Rotary. 4 Movement In Funds BIF 0110712023 £3,050.06 £0. £3 050.06 Recelpts Payments Transfers CIF 3010612024 £2,150.02 £1,801.47 £3 951.49 Unreslricted Fund Restrlcted Fund £4.472.42 £5,871.47 £10 343.89 1£5,372.461 1£4,070.001 1£9,442.461 Total 5 Nature and purpose of funds Unrestrirted funds are those that may be used at the discretion of the trustees in furtherance of the objectives of the charity. The trustees maintaln a slngle unrestrirted fund for the day-to-day runnin8 of the club. Restricted funds may only be used for speclfk purposes. Restrlctlons arlse when speclfied by the donor or when funds are ralsed for specific purposes. 6 Bank & Cash Balances Current A/C No I IVirgSn Monevl Current A/C No 2 Ivirgin Monevl Cash In Hand 0110712023 3010612024 £2.867.7S £2,181.9) £182.31 £1,769.59 £0.￿) £0.00 £3 951.49 Notes to the accounts for the year ended 30 June 2024 (pa8e 2 of 2) UnrestriLted Restricted Funds Funds Year Ended Year Ended 3010612024 3010612023 7 Donatlons Received Individual members Golfam am £2.362.42 £o.(KJ £2,362.42 £320.00 £580.00 £900.00 £2.682.42 £580.00 £3,262.42 £3,166.00 £876.00 £4,042.00 8 Grants Received D1320 District Grant D1230 ad ho Global Scholar sUPPOrt £0. £o.c £o.c £I.C￿.(1) £0.00 £0.00 £i.000.00 £i.000.00 £0.00 £0.00 £1,000.00 £0.00 £250.00 £200.00 £450.00 9 Fund Ralslng Income Golfam am Social evening £0.00 £o.o) £2,135.(Kl £7CM).10 £2,835.10 £2,135.00 £700.10 £2,835.10 £2.555.00 £0.00 £2,555.00 10 Charltable Artlvftles In¢ome Membership Fees £2,110.(KI £O.OD £2.110.00 £3,762.57 11 Glft Ald £433.75 £702.62 £1,136.37 12 Donations Pald Mechanics for Africa St Margaret of Scotland Hospice Erskine Hospital & Homes Rotary Foundation - Polio Plus Rotary Foundation - World Fund Kids Out British Heart Foundatlon Caleb's Trio of Hope Golf Club Childrens, Party Mens, Shed Young Bankie Of The Year120231 Faifley Art Group ShelterBox Old Kilpatrlck Food Parcels Afghanistan Women per RC Blyth Glasgow Childrens, Hospital Charlty Police Scotland Youth Volunteer5 Ukrainian Refu8ees per RC Erskine Clydebank Family Refuge £2.LW.LKI £5￿. £51JO.LN) £450.IXI £320.O) £2.000.tyJ £500.00 £500.00 £450.00 £320.00 £4(K).00 £300.00 £2OJ.00 £150.00 £iC￿.(￿l £S0.CwJ £50.(KJ £0.00 £650.00 £650.00 £650.00 £466.00 £250.00 £4￿. £300.LKI £2CQ.IXI £150.00 £I￿.[m) £50.00 £50.00 £ioo.00 £1(￿.00 £50.00 £2,400.00 £500.00 £300.00 £250.00 £ioo.00 £ioo.00 £75.00 £6,641.00 £950.00 £4,070.(KI £5,020.IXI 13 Charitable Actlvltles Expenses GolfAm Am expenses D1230 & RGB&I Fees Meeting Room Hire Bank Charges Other misc expense5 £1,142.11 £2.080. £i.IcKJ.cK) £44.90 £55.45 £4.422.46 £1,142.11 £2,080.00 £1,100. £44.90 £55.45 £4.422.46 £1,300.00 £2,013.67 £i,000.(xJ £44.00 £310.95 £4,668.62 INDEPENDEMf EXAMINER'S REPORT to theTRUSTEES of the ROTARY CLUB OF CLYDEBANK CHARrrY scio I report on the accounts of the charity br the year ended 30th June 2024 whlch are set out on pages 3teS. Res ertlve re i)n5I)Illtle5 of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustèe Investment Iscotlandl Act 2005, and thé Charities Accounts (Scotlandl Regulations 2CYJ6 la5 amended). The charity tru#ees consider that the audit requirement of Re8ulation Iolllldl of the 2006 Accounts Regulations does not appw. It is my responsibility to examine the account5 as iequired U[￿￿ Section 44111111 o( the Act arKI to state whether particular maiters have come ro my artentlon. Basls of Inde endent Examlner's Ststement My emamination is carried out in accorthnce wlth Re8ulatlon 11 of the 2CQ6 Accounts Regulatlons. An examlnation includes a review of the accounting records kept by the charity and a comparison of the accounts presented wlth these records. It abo includes consideration of any unusual items ordlsclosures in the xtounts. and seeks explanation5 from the trustees concerning any such matter5. The procedure5 undertaken do not provide all the evidence that wouki be required in an aLKli¢ and consequently I do not express an audit opinion on the view given by the accounts. Inde ndeni Examlner's Statem￿1 In the course of my èxamination no maler has come to my attention . 11 which gives me reasonable cause to believe that in any material respeit the requirements lal To keep accounting records in accordance with Section 4qIXal of the 2005 Act and Re8ulation 4 of the 2C06 Accounts Regulations, and Ibl To prepare accounts which accord with the accounting records and comply with Regulatlon 9 of the 2CI)6 Accounts Regulation haye not been met, or 21 to which, in my opinion. attentk)n should be drawn in order to enable a proper understanding of th¢ a¢c¢unts :o be ￿aChed.