**Ross-Russell Charitable Trust** **Accounts** **Charity Number: 1022570** 5 April 2025 ## **Ross-Russell Charitable Trust** ## **Contents** ||**Page**| |---|---| |General Notes|1| |Balance sheet|2| |Approval of the Accounts|| |Capital Account|3| |Income Account|4| |Notes to the Accounts|5| ## **Ross-Russell Charitable Trust** ## **General Notes** **Date of Settlement** 20th May 1993 **Settlors** Mr G Ross Russell J Ross Russell **Trustees** Mr G Ross Russell J Ross Russell **Accountants and tax advisers** Buzzacott LLP 130 Wood Street London EC2V 6DL The above summary is intended as an aide-memoire and reference should be made to the Trust Deed before making decisions. - 1 - ## **Ross-Russell Charitable Trust** ## **Balance sheet 5 April 2025** |Notes
Capital Account
Income Account
Represented by:
**Quoted investments**
**Cash at bank**|**2025**
**2025**
**£**
**£**
**7,326,621**
**(1,030,681)**
**6,295,940**
**5,806,432**
**489,508**
**489,508**
**6,295,940**|2024
2024
£
£
7,445,005
(1,068,299)
6,376,706
6,231,889
144,817
144,817
6,376,706| |---|---|---| ## **Approval of the Accounts for the year ended 5 April 2025** We approve the accounts set out on pages 2 to 5 and confirm that to the best of our knowledge we have made available all relevant records for their preparation. 3/3/26 Date: .................................................... - 2 - ## **Ross-Russell Charitable Trust** ## **Capital Account Year ended 5 April 2025** |Notes
**Brought forward at 6 April 2024**
**Increase / (Decrease) in Market Value**
Investments
**Gift from settlors**
**Carried forward at 5 April 2025**|**2025**
**£**
**(364,439)**
**246,055**|**2025**
**£**
**7,445,005**
**(364,439)**
**7,080,566**
**246,055**
**7,326,621**
**7,326,621**|2024
£
273,168
229,518|2024
£
6,942,319
273,168| |---|---|---|---|---| |||||7,215,487
229,518| |||||7,445,005| |||||7,445,005| - 3 - ## **Ross-Russell Charitable Trust** ## **Income Account Year ended 5 April 2025** |Note
**Income**
Coutts Interest
Affinity Interest
Rathbones Interest
Coutts Dividends
Coutts Foreign Dividends
Rathbones Dividends
Rathbones Foreign Dividends
**Foreign withholding tax**
Foreign withholding tax
**Management Expenses**
Rathbones Fees
Coutts Fees
Acountancy Fees
**Charitable Donations**
St Barnabas Church
Trinity Hall
Royal marsden
In Common Fdt
Reeds Foundation
Island Life Prod.
Gt Lakes Outreach
Rugby Portobello
Rugby School
**Income balance for the year**
**Brought forward at 6 April 2024**
**Carried forward at 5 April 2025**|**2025**
**2025**
**£**
**£**
**3,441**
**1,927**
**8,372**
**13,387**
**39,374**
**110,985**
**12,045**
**189,531**
**591**
**(591)**
**188,940**
**16,905**
**3,417**
**-**
**(20,322)**
**31,000**
**50,000**
**50,000**
**-**
**-**
**-**
**-**
**-**
**-**
**(131,000)**
**37,618**
**(1,068,299)**
**(1,030,681)**|2024
2024
£
£
572
1,642
-
173,562
2,455
-
-
178,231
-
178,231
-
5,481
1,800
(7,281)
12,000
200,000
100,000
500
1,000
2,000
500
1,000
500
(317,500)
(146,550)
(921,749)
(1,068,299)| |---|---|---| - 4 - ## **Ross Russell Trust** ## **Notes to the Accounts Year ended 5 April 2025** |1.
**Cash at bank**
**Bank**
Rathbones Current Account Capital
Coutts Income Account 7591
Coutts Income Account 7520
Coutts Income Account 6639
Apex Current Account Income
Rathbones Current Account Income|**2025**
**£**
**358,061**
**-**
**-**
**-**
**957**
**130,490**
**489,508**|2024
£
-
500
28,211
116,106
-
-| |---|---|---| |||144,817| - 5 - ## Ross Russell Trust ## Registration Charity Number 1022570 ## Annual Report for 2024/25 The terms of the Trust Deed of the Ross Russell Trust are widely drawn and the Trustees, having paid due regard to the Charity Commission's guidance on making awards which are for the public benefit, have power to distribute all income as well as the capital of the Trust with the permission of the Settlors. Distributions may be made at the uncontrolled discretion of the Trustees to any charity or for any charitable purpose. During the year to 5 April 2025 the total gross income from interest and dividends was £189,531, which after foreign withholding tax and management expenses left net income of £168,618. In the year, total donations of £131,000 were made to a number of different charities and for charitable purposes. During the year the Settlors made a gift to the Trust of shares with a value of £246,055. Trustees: Graham Ross Russell: Jean Ross Russell Signed: Date: 3/3/26 30 Ladbroke Square London W11 3NB ## **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 2025. ## **Responsibilities and basis 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 out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** 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 the accounts to be reached. Akin Coker Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL 04 March 2026