ROTARY CLUB OF LAUNCESTON TRUST FUND
To support Rotary official charities. To react quickly and collect monies for international disasters relief funds. To collect monies and help local communities groups and individual people.
Financial health, per its FY2025 accounts
The accounts state that the Trust Fund held unrestricted reserves of £16,651.80 at the year end, which exceeds its stated reserves policy target of £5,000. The charity reported a net decrease in funds for the year, with total payments exceeding total receipts, but the independent examiner confirmed no material matters were found that would cause concern regarding the accounts.
What the accounts disclose
“The Community Charity Shop provides funds for distribution locally and is run by unpaid volunteers, keeping the operating costs to a minimum level.” — page 2
“The sum of £5,000 is held in reserve to provide donations for national or international disaster appeals.” — page 2
Trustees
- Alan Maizels
- Gary Patrick Cook
- Peter Damian Hague
- Thomas John Barnes
- Vera Margaret Young
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £37k | £38k |
| 30/06/2024 | £42k | £36k |
| 30/06/2023 | £44k | £53k |
| 30/06/2022 | £47k | £46k |
| 30/06/2021 | £27k | £32k |
Common questions
Is ROTARY CLUB OF LAUNCESTON TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that the Trust Fund held unrestricted reserves of £16,651.80 at the year end, which exceeds its stated reserves policy target of £5,000. The charity reported a net decrease in funds for the year, with total payments exceeding total receipts, but the independent examiner confirmed no material matters were found that would cause concern regarding the accounts. Its FY2025 accounts were independently examined.