ROTARY CLUB OF NEWTON ABBOT TRUST FUND
All monies are to be applied for the relief of the poor and needy or to or for such other charitable purpose, institution, society or objects as the Club shall direct.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £773 for the year, with unrestricted reserves decreasing to £10,062. The trustees maintain a reserves policy to retain sufficient funds for emergency responses, though the current unrestricted balance is below the previous year's level. The charity confirms there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the Trustees to retain sufficient unrestricted reserves to allow an immediate response to local, national and international emergencies.” — page 5
Trustees
- Norman Raphaelchair
- ANTONY DARRYL DAVID DEMPSTER
- Geoffrey Pickerill
- Malcolm Granger
- William Philip Millichap
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £48k | £48k |
| 30/06/2024 | £31k | £31k |
| 30/06/2023 | £48k | £51k |
| 30/06/2022 | £62k | £65k |
| 30/06/2021 | £30k | £20k |
Common questions
Is ROTARY CLUB OF NEWTON ABBOT TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £773 for the year, with unrestricted reserves decreasing to £10,062. The trustees maintain a reserves policy to retain sufficient funds for emergency responses, though the current unrestricted balance is below the previous year's level. The charity confirms there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.