ROTARY CLUB OF IPSWICH EAST
To apply both the capital and income thereof to or for the relief of the poor and needy or such other charitable purposes as the Club shall in duly constituted meeting from time to time direct.
Financial health, per its FY2025 accounts
The accounts state that the charity's total funds decreased from £24,541 to £21,261 due to a prior year adjustment of £4,406, despite a net movement in funds of £1,126 for the current year. The charity maintains unrestricted funds of £6,661 and designated funds of £14,600, with reserves held in bank deposit accounts to provide flexibility for immediate donations. The independent examiner reported that no matters came to their attention regarding compliance with the Charities Act.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds which are the free reserves of the Charity, at a level which gives the Trustees flexibility if they wish to give an immediate donation in response to a particular event” — page 4
Trustees
- George Woodwardchair
- Geoffrey Watson
- Neill Keveren
- ROBIN NEEDHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £33k | £32k |
| 30/06/2024 | £36k | £36k |
| 30/06/2023 | £24k | £32k |
| 30/06/2022 | £24k | £31k |
| 30/06/2021 | £35k | £18k |
Common questions
Is ROTARY CLUB OF IPSWICH EAST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total funds decreased from £24,541 to £21,261 due to a prior year adjustment of £4,406, despite a net movement in funds of £1,126 for the current year. The charity maintains unrestricted funds of £6,661 and designated funds of £14,600, with reserves held in bank deposit accounts to provide flexibility for immediate donations. The independent examiner reported that no matters came to their attention regarding compliance with the Charities Act. Its FY2025 accounts were independently examined.