Charlty registration number 1039857
THE MK ROSE CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE MK ROSE CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs S Gould
MrA Freeman
Charlty numb•r
1039857
Prfncipal address
40 Lodge Crescent
Hagley
Stourbridge
West Midlandy
United Klngdom
DY9 ONB
Accountants
Azets
St David's Court
Union Street
Wolverhampton
West Mldlands
United Kingdom
WV13JE
Sollcltorn
HSggs & Sons
3 Waterfront Business Park
8rl6rloy HS11
West Midlands
Unlted Klngdom
DY5 1LX
Investment advlsor8
EFG Harris Allday
33 Great Charles Street
Birmingham
83 3JN
United Kingdom

THE MK ROSE CHARITABLE TRUST
CONTENTS
Page
Trustees report
Independent examinerfs report
Statement of financial activities
Balance sheet
Note8 to the financial statements
6-13

THE MK ROSE CHARITABLE TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual reF)Ort and financial stataments for the year ended 31 December 2023.
The accounts have been prepared in accordance with th8 accounting pollcles Set out In not8 1 to the ￿￿OUnt$ and
Comply wlth the charitws trust deed dated 3 June 1994 updated by a Trustee Resolution dated 2 November 2018.
the Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable
to charities prepaTlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of I￿land (FRS 102)- (as amended for accounting periods comm8nclng from 1 January 2019>
Objectlves and actlvftlos
The charity's objects are to support by distribution of income and the capital of the trust, if so desired, to such
charities and charitable causes as the trustees may decidè. Pref8r8nc8 is giv8n to Jewlsh charlt188, Includlng those
in Isra61, and selected Charltles in and around Birmingham.
The trustees achleve the charity objectives by focusing on providing grants to those d)ariti8S that fulfil the criteria.
Mr Alan Freernan advises on actlviiies In Israel.
The trustees in conjunction with th• trusts brok•rs, EFG Harrls Allday. andeavour to Invest so that maxlmum retum,
wlth safety, Is obtained for the benefit of charities and charrtable causes supported.
The char5ty dellver8 public benefit by means of these gr8nts. The trustees have paid due regard to guidance Issued
by the Charrty Commi$8ion in deciding what activiti88 the charlty Should undertake.
Achlevamonts and perfornian¢o
The grants awarded during the period were £291,188 {2022.' £319,200).
Fln•n¢lal revlew
The attached financial statements set out the financial perfomiance of the Trust. The Trust held total fund balances
at 31 December 2023 of £1,360,278 (2022: £1,625,505).
It18 the pollcy of the charlty that unrestricted fvnds which have not been designated for a specific use should be
maintained at a level equivalent to be￿88n threa and SIX month's expendlture. The Irustees conslder that reserves
at this level will ensure that, in the event of a signfficanl drop in fvnding, they will be ab18 to continue the charity's
current activities while conslderatlon Is glven to ways In which additional funds may be raised. This level of reseNes
has been mainlained throughout the year.
The trustees have assessed th8 major risks to which the charity is 8xposed, and ar8 satlsfied that systems are In
place to mltigate 8xp¢>sure to the major risks.
StNcturo9 governance and monogement
The charity 1$ constituted by Deeds of Trust the latest being dated 3 June 1994 and updated by a Trustee
Resolution dated 2 November 2018. The Trust is govemed and managed by the two trustee8. The trustees give
their lime voluntsrily, and are reimbursed for clalmed expenses.
Th8 truste8s who s8r¥ed durlng the year and up to the date of signature of the financial ststements wer8:
Mrs S Gould
MrA Freeman
In the event of a trustee vacancy, the app)Intment of a new trustee is based on an assessment of appropriate skills
by int8Niew. Potential new trustees would be subject to refe￿nce requests and If suc￿$S1u1 undergo a perlod of
training and induction.

THE MK ROSE CHARITABLE TRUST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees
as app
MrsSG
Trusteo
Tntsteo
28 October 2024

THE MK ROSE CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MK ROSE CHARITABLE TRUST
I report to the trustees on my examinalion of the financial stat8ments of Th8 MK Rose Charilable Trust (the charity)
for the year ended 31 December 2023.
Rosponsibllities and basls of report
As the trustees of the Gharity you are responsible for the P￿paratIOn of the financial stat8m8nts in accordance with
the requlrements of the Charftles Act 2011 (the 2011 Act).
I report in respect of my 8xamination of th8 charity's financlal ststements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under sects'on 145{5)(b} of the 2011 Act.
Independent examlnef8 8tstement
I have COTnpleted my examination. I confirm that no matters have C￿Me to my attention in connection with the
axamination giving me cause to b81i8ve that in any material respect.,
ac¢ounts'ng records were not kept in respect of the charity as required by section 130 of the 2011 Act. or
the financial statement5 do not accord with those records,. or
the financlal statement5 do not comply with the applicable requirement$ ¢on¢eming the form 8nd content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any r8quirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other rnarters In connèctlon wlth the examinatlon to whlch attentlon
should be drawn in this report in order to enable a proper understandlng of the finanGial 81atemenl8 to be reached.
Nlck Webb FCA
Azets Audlt S•rvlc••
St David's Court
Union Street
Wolverhampton
West Midlands
VVV13JE
United Kingdom
Dated: 28 October 2024

THE MK ROSE CHARITABLE TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrnstrlcted Unrestricted
funds
funds
2023
2022
Notos
Income from:
Investments
73.711
75,291
Charitable activtties
3&4
305.384
334,385
Net galnsl(losses) on investments
(33,554) (340,588)
Not movoment In funds
{265,227) (599,680)
Fund balances at 1 January 2023
1,825.505 2.225,185
Fund balan¢•8 at 31 D•c•mb•r 2023
1,360.278
1,625,505
The statement of financial aGtivitie3 Include8 all galn8 and1088e8 recogni8ed in the year.
All income and expenditure derive from contlnulng actlvltles.

THE MK ROSE CHARITABLE TRUST
BALANCE SHEEr
AS AT 31 DECEMBER 2023
2023
2022
Not•8
FIX￿ as#6ts
Investmen18
1,311,214
1,599,952
Curr•nt a88et•
Cash at bank and in hand
51,264
27,553
CrndStorn: amounts falllng due wlthln
on• year
10
12,200}
(2,000)
Net current a88ets
49.064
25.553
Total •u•t8 l•s• currnnt Ilablllti
1.380,278
1,625.505
Incgm• fund•
Unre¥trlded funds
1.360,278
1,625.505
1.380,278
1,825,505
da
rove
uld
MrA Fréeman
Tru•tOe
Tru•tse

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting pollcl•s
Charfty Infomiallon
The MK Rose Charitsble Trust is a charity constituted urKler Trust Deed dated 3 Jun8 1￿ and updated by
Truslee Resolution dated 2 November 2018, registered wlth the Charity Commission in England and Wales.
Th8 charitls place of business is 40 Lodge Crescent, Hagley, Stourbridge, DY9 ONB.
1.1 Accountlng convonllon
The accounts have been prepared in accordance with the charitys Tnjst Deed dated 3 June 1994 updated by
a Truste8 Résolution dat8d 2 November 2018, the Charities Act 2011 and °Accounting and Reporting by
Charities: Statement of Reo)mmended Practice appli¢abl8 to chariti8s preparlng their accounts Sn acLordance
with the Financial Reportlng Standard appllcable in th8 UK and Republic of Ireland {FRS 102)° (as amended
for accounling periods commencing from 1 January 2019). The charity 1$ a Publlc Benefll Enfjty as defined by
FRS 102.
The charity has takan advantage of the provlslons In the SORP for charities applying FRS 102 Update Bulletln
1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charlty. Monetary
amounts in these financlal statements are rounded to the ne8rest £.
The accounts have been prepared under the hlstorlcal cost convention. modffied to include certain financial
Instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Golng concam
At the time of approving the financial statements, the twstees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeab16 future. Thus the trustees
continue to adopt the going concern bas18 of accounting in preparing the financial statefflents.
1.3 Charftablo fund8
Unrestricted funds are available for use at the dlscretion of the trustees in furtherance of thelr Charitable
objectives.
Restricted lunds are suble¢t to speclfic condition8 by donors as to how they may be used. The purp0888 and
uses of the restricted funds are Set out in the notes to the financlal statement8.
1.4 In¢om•
Income is recognised when the charty is legally entitled to It after any performance condiiions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are ra¢ognis6d on recelpt. Other donations are reo)gnised once the Chaflty has been notif*d
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable In
rèlation to donatlons recelved under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are re¢ognised on re¢8iPt or 0th8rwis8 rf the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng polleles
(Continued)
1.6 Exp?ndlturo
Expenditure is ￿cOgniSed once th8r8 is a legal or construciive obligation to transfer economlc benefft to a
thlrd party. it is probable that a transfer of economic beneffts will be required in settlement, and the amount of
the obligation can be measured reliably.
Expendilure is Classified by activity. Th8 Costs of each actlvlty are made up of the total of direct costs and
shared Costs, induding support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs whlch contrlbute to more than one activity and
support costs which are not attributable to a single activity are apportioned betrween those activities on a basis
Consistent with the use of r880urc8s. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the assèt's use.
Charitable activitl8s consist8 of granl maklng actlvliles.
1.6 FIx0d a•••l Inv•*tments
Fixed asset Investments are inillally measured at transaction price including transaction costs, and are
subsequently measured at fair value at each reportlng date. Changes In falr value are reco9nl8ed In net
Incomel{expendlture) for the year.
1.7 Cash and cash equivalents
Cash and cash equlvalents inctude cash in hand. deposits held at call with banks.
Baslc flnanelal asJo18
Basic financial assets, which include debtors and rAsh and bank balances, ara Inltlally measured at
transaction price including transaction costs and are subsequently carried 8t amortlS8d ¢ost using the effective
interest mathod unléss the arr8ng8m8nt constitutes a financlng transactlon, where the transaction is
measured at the present value of the future receipts discounted at a market rale of interest. Financial assets
dassified a$ receivabla within one yaar arè not amortlsed.
Basle flnanelal Ilabllttle$
B8si¢ financial liabilities, incjuding creditors and bank loans are initially recognised at transaction prlce unless
the arrang8m8nt constltutes a flnanclng transaction. where the debt instrument is measured at the present
value of the fvture payments discounted at a markat rate of interest. Financial liabilities classified as payable
wlthln one year are not amortised.
Debt instruments are subsequenlly carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or servi￿$ that have been acquired in the ordinary cours8 of
operatlons from suppllers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognlsed Inltlally at
transaction price and subsequently measured at amortised cost using the effedive int8rest method.
Dere¢ognftlon of nnanclal Ilabllftles
Financial liabilities are derecognised when the charity's Contractual obligations expira or are dSs¢harged or
cancelled.
1.8 Taxation
Th8 Trust is exempt from tax on its charitabl8 activities.
1.9 Debtors and Credltors recelvable I payable wlthln one year
Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses
arising from impairment are recognised in expenditure.

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Investments
Unr6strleted Unrestrf¢ted
lunds
funds
2023
2022
Income from listed investments
Interest receivable
53.156
20.555
59,701
15,590
73,711
75,291

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Grants payabl•
2023
2022
Grants to institutions..
Grants paid to UK based charftles wSth expliLIt permission to support tharity
work In Israel
New Israel Fund
Jewish Care
Lifta School, JenJsal8m
Cancer Research UK
Save a Chlld
Food Bank Aid
UJIA
Israel Speclal Klds Fund
Jerusalem Film Festival
Innovation Africa
Bimingham Childrens Hospital
Teenage Cancer Trust
MATI
Crisis Management Centre
Handicapped Childrens Action Group
St Basils
Lets feed Brum
St Peters Wllersey
St Mary's Church
Chickenshed
Macular Society
Multlple SGlerosis Society
Mary Steven's Hospice, Birniingham
JACC
Towards the Horizon
Midlands Art Centr8
Rett UK
Homestart Wyre Forest
Manchester Jewish Museurn
Motor N8uron8 Disease Association
Shelter UK
Blrmlngham Jewish Community Care
Cystic Fibrosis Trust
Bimiingham Royal Ballet
Prostate Cancer Research Cèntre
Midlands AirAmbulance
Tiny Tickers
Chatlng PCC
DEC Turkey-syrla Earthquake
PCC of Willersey
Dementia UK
Cameys Community
Hospice Charity Partnership
Blue Marine Foundation
Adam Teva VDin
45,000
5.000
50.CK)O
5,000
10,500
5,0(10
2,000
5,000
10,000
10,000
50,000
23,500
10,000
15,000
5,000
5,000
20.000
10,000
1 S,000
S,O(M)
5,OCNJ
20.O¢JO
3,000
4,000
3,000
3,000
750
2,000
3,000
3,000
750
20,OIXI
3,000
2,000
3,000
5,(X)O
50,000
5,000
3,168
3,000
3,1)00
25,000
3,000
2,000
5,000
3,000
5,000
6.000
5,000
5.000
5.000
3,000
3,000
7,000
5,000
3,0(M)
3,000
750
3,000
3,000
7,000
5,000
5,000
3,000
10,000
750
5,000
2.000
1,000
1,000
10,000
10.000

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Grants payable
Icontlnued)
Woodland Trust
Crisis Skylight Birmingham
SL Mary's Church - Nash Parochial Church Council
Cancelled Cheque to PCC of Wllersley
700
3.000
750
{750)
291,168
319,200
Support colts
Support Govamance
¢0818
C08ts
2023
Support Governance
GO8ts
C08t8
2022
General administration
2,852
2,852
2,950
2,950
Financial advisor fee8
Accountancy
8,744
2,620
8,744
2,620
9,429
2,805
9,429
2,805
2,852
11.364
14,216
2,950
12.234
15,184
Analysed bebNeen
Charitable activities
2,852
11,364
14,216
2,950
12,234
15,184
Amounts included In Accountancy fees for Independent Examination are £2,450 {2022', £2,250)
Tru8tee8
None of the trustees (or any persons connected with thern) received any remuneration from the charity during
the year.
The trustees did receive a reimbursement of 8XP8nses for meetlng costs of £282 (2022.. £300) during the
year.
Employ••s
The average monthly numb81 of employees (excluding trustees) during th8 y8ar was:
2023
Number
2022
Numbor
Total
There were no employees whosè annual remunératlon was more than £60.000.
10-

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Not galn81(lOss￿1 on investments
Unrestrlcted Unrnstrlctod
funds
funds
2023
2022
Revaluation of investments
Gainl(loss) on sale of investments
{14,37n (328,435)
(19,177)
(14.151)
(33,554) (340,586)
Taxallon
The charlty Is exempt from tax on ir￿orne and gains falling withln sectlon 505 of the Income and Corporation
Taxes Act 1988 or section 252 of the Taxatlon of Charg8abl8 Gains Act 1992 to the extent that these are
applled to Its charltable objects.
11

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Fixed asset Invostments
Listed
Investments
Cost or valuatlon
At 31 December 2022
Additions
Valuation change8
DIspo8als
1.599,952
137.124
(14,377)
(411,485)
At 31 December 2023
1.311.214
Carylng amount
At 31 December 2023
1,311,214
At 31 December 2022
1,599,952
2023
2022
150.01)J UK Treasury 0.1250fi 30101126
50,000 UK Treasury 3.5% 22110125
25,000 (60,000) UK Treasury 4.1250A 22107130
25,000 BT Group PLC 5.750A 07112128
25,000 HSBC Holdlng8 PLC 5.750A 20112127
50,000 Intl Personal Finance 7.75°
0 (54,890.768) Balllle Gifford Corp
50,000 CQS New City High Yield Fund
40,0￿ GCP Asset Backed Income Fund
55.000 Henderson Diversffied Income Trust
0 {35,187) Twentyfour Sel Monthly Inc Fund
40000 (66,866) Downing Ren & Infra TST ETF
65,000 (58.686) S8quola Economic Infra Inc Fund Ltd
700 Unilever PLC GBP 0.031111
2,500 Smith & Nephew PLC USO.20
10.000 (17,000) Sainsbury{J) GBPO.28571428
2,500 (5,CKJo} National Grid PLC GBP 0.12431289
5,700 Aviva PLC GBP
20,CYJO M&G plc
10.000 Dunedin Inc G￿th Inv Tst GBP 0.25
12,000 Fidelity European Values GBO 0.025
15.500 Henderson Far East Income Ltd
15,996.802 Liontrust SUS FUT GBL
6,500 Manthester London Inv Tst
4,000 Scottish Mortgage Inv Trust GBP 0.05
2.000 RIT Capital Partners PLC
50.OQhJ Bankers Investrient Trust
2,866 (6,000) Pennon Group Pl¢
25,000 Hipgnosis Songs Fund Ltd
40.000 LXI REIT PLC GBP 0.01
0 (90,000) Regional Reit plc
139,532
49,606
87,724
26,397
25,992
50,425
135,454
201.895
49,625
40,081
26,500
33.600
38,610
28,425
75.666
49,753
29,274
27,738
37.009
49,870
25,240
37,570
29.200
38,340
42,354
38.864
21.580
28,912
42,500
49.500
23.687
21.575
45,040
53.100
25,300
26,240
38.500
36,000
55,510
26,800
26,963
30.260
26.450
24.778
44,480
28,200
43,200
33,325
35,555
32,320
37,640
51.200
18,000
41,920
12-

THE MK ROSE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Flxed asset investments
(Continued
25,000 Tritax Eurobox PLC EUR 0.01
3,415.303 Baille Giff Pactfic
1,OIYJ Avon Rubber Protection PLC
10.CNJO Mercantile Inv Tst plc
45,000 (70,000) Life Science Reit plc
30,324 Atrato Onsile Energy plc
10.000 Chrysalis Investment Ltd
40.000 Gore Street Energy Storage Fund plc
50,000 Cordiant Digital INFRA LTD
25,000 Regnan UK SUST vifR And WdSte F ACC
18,800 WS Guinness GBL
15,350
37.261
10,750
19,200
50,610
28.853
7.690
44.400
42,200
24,675
37,568
8,500
22,150
28.440
25,130
35,360
38,200
28,075
25,675
1.311,215
1,599.952
10 Cr•dltor8'. amounts falllng du8 wlthln on• yoar
2023
2022
Accruals and déferred income
2,200
2.000
11 Related party tran8a¢tlon8
Other than reimbursement of truste8s exp8n8e8, there were no diBclosable related party transaction8 during
the year (2022- none).
13-