Ros5 Russell Trust reg charity no 10222570 Annual Report for 2023124 The terms of the Trust Deed of the Ross Russell Trust are widely drawn and the Trustee.%, having paid due regard to the Charity Commission's guidance on making awards whch are for the public benefit, have power to distribute all income as well as the capilal of the Trust with the permission of the Settlors. Distrlbutlon5 may be made at the uncontrolled discretion of the Trustees to any charity or for any charitable purpose. During the year to 5 April 2024 the total income from interest and divdends was £178,232 and a total of £317,500 wa5 given to a nuinber of different charities and for charitable purposes. During the year the Settlors made a Bift to the Trust of shares with a value of £229,518. Trustees: Graharn Ross Russell: Jean Ross Russell Slgned.. .i( J_a 30 Ladbroke Square London Wll 3NB
Ross Russell Trust Receipts and Payment Account Year tb.5 April 2024 Receipts and Payments Coutts UK Dividends and interest Coutts Overseas divs Coutts bank int 173561.9 2455.52 572.48 176589.9 Interest fm Affinity Bank interest 1636.32 5.57 178231.9 les5 Coutts charge5 Buzzacott fee 5481.6 1800 7281.6 Total Receipts 170950.3 Payments Church Educatlon Medlcal Soclal St Barnabas Trinity Hall Royal Marsdeii In Common Fdt Reeds Foundation Island Life Prod. Gt Lakes Outreach Rugby Portobello Rugby School 12000 200000 iooooo 500 iooo 2000 500 iooo 500 Total Payments 317500 Excess of Payments over Receipts 146549.7
ROS&f USSELL TRUST BALANCE SHEET 5 APRIL 2024 Balance Sheet at 5 April 2024 Gifts from Settlors 1993-2023 2023-24 Axa Fram Global Thematics 5,027,518 229,518 Tax Rebate 133777 Retained Income 1993-2023 202314 -921749 -146550 -1.,068,299 Increase in value of investments at 514124 2054192 Total 6,376,706 Represented bv:" Investments Coutts incl cash £450855 in D&C Capital accc 6099770 tjestport 132119 Cash at Bank Coutts current alc . .7591 Coutts Reserve a/c . .7520 Coutts D&C income alc . .66397 500 28211 11.6106 Total 6,376,706
Independent examiner's report to the trustees of The Ross Russell Trust I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2024. Responsibilities and basls of report As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying oul my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llb) of the Act. Independent examiner's statoment I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect.. • accounting records were not kept in respect of the charity as required by section 130 of the Act., or • The accounts do not accord with those records., or + the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of Ihe accounts to be reached. Akin Coker Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL 12 March 2025