Charlty numb•r: 1064963
The Sir James Roll Charitable Trust
Trustees, report and financial statements
For the year ended 31 Mar¢h 2022

Thè Slr James Roll Charltable Tnjst
Contents
Page
Reference and administrative dètails of the Trust. its Trustèès and advisers
Truste•$' rèport
Ind*p*ndent audltor$' roport on the financial statemenls
Statement of financial activities
7-10
Balance sheet
12
Notes to the financial statements
13-26

Tho Slr James Roll Charitable Trust
Rofvrencg and adminlstrative detai15 ¢f the Trust, Its Truste8s and advisers
For th• year ended 31 March 2022
Trustees
NTGCWharton
BWEIVY
J M Liddiard
Charty r•gl$tered
numbor
1064963
Prin¢lpal office
Downs Farm
Pilgrims Way
Wouldham
Rochester
Kent
ME13RB
Ind•p•nd•nt auditors
Azels Audit Services
Statutory Auditors
Gk)b8 House
Ecllpse Park
Sittingbourne Road
Ma￿stOne
Kent
ME14 3EN
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
Wesl Malling
Kent
ME194JQ
Sollcltors
DGB Solicitors LLP
The Captain's House
Central Avenue
Pembroke
Chatham
Kent
ME4 4UF
Investment Managers
Ralhbone Investment Management
Fiennes House
32 Soulhgale Street
Winchester
S023 9EH
A¢¢ountants
Kreslon Reeves LLP
Chartered Accountants
Montague Place
Chatham Maritime
Kènt
ME4 4QU
Page 1

Th• Slr James Roll Charltabl• Trust
Trustees. report
For tho y8ar endgd 31 March 2022
The Trustees present their annu81 report logather with the audited financial ststemenls of the Trust for the year
from 1 April 2021 to 31 March 2022. The Trustees have adopted the provisions of the Slatemenl of
Recommended Practice ISORPI "Accounting and Reporting by Charities. in preparing the annual report and
financial stalemenls of the ChaTIty.
The financial ststemenls have been prgpared in a¢cordan¢e with the a¢￿￿nting policies set OLrt in notes to the
accounts and comply w(fh the Charity's goveming document, the Charities Act 2011 and Accounting and
Reporting by Charities.. Slaternenl of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Retx)rting Siandard applicable in the UK and R8public of Ireland publish8d in
October 2019.
Obl•¢tlves and a¢tlvltl•s
a. Poli¢l•s and obJ•ctlv
The object of the Trust is lo provide public benefit by supporting registered charitable organisations by way of
grants for the.following purp(Ises'.
the promollon of mutual tolerance. commonality and cordiality in majof world religions.
the furtherance of access lo computer technology as a leaching medium al primary school levels.
the improved access to computer technology in community based projects other than political parties or
local government.
the funding of projects aimed al early identification of specific leaming disorders.
such olher charitable object or obje¢ts in any part of the worfd as the Trustees shall in their absolute
discretion Ihink fil to support or estsblish.
The Trustees confirm that they have referred lo the guidance contained in the Charily CommissK)n's general
guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and
setting the grant making policy for the year.
There have been no changes in the objectwes Since the last annual report.
In setting objeclwes and planning for aclivilies, the Trustees have gNen due consideration to general guidancè
published by the Charity Commission relatin9 to public benefrt, including the guidance 'Public benefit.. running a
charity IPB2I'.
b. Grant-maklng pollelés
All grants must be In accordance wllh the oblects of the Charftable Trust.
Page 2

Tho Slr James Roll Charltablè Trust
Tru$l¢gs' rgport Icontlnu&d
For the year ended 31 March 2022
A¢hievements and perfomian
a. Revlew of a¢tivltl•s
The results for the year are set out on page 11.
Income from investments in the year amountefl to £230,662 12021.. £198,491) representing a gross return of
4.580/0 12021.. 3.980/.l on the Glosing value of the investments. Grants made in the year amount lo £174,800
12021.. £126,301) representing 75.78 /.12021'. 63.63%) of total income from 811 sources.
The cumulative balanGe of £40,225 {2021.. £25,035) is carried forward as an unrestrided funé.
The investments held in the restricted endowment fund amounted lo £5,035,714 as at 31 March 2022 12021..
£5,010,050}. as reftecled in note 10 to the financial statements.
b. Inv•stment pollcy and performance
The investment policy of the Tru51 is the subj'ect of a detailed investment policy $18tement reviewed annually by
the Trustees once the draft financial statements are available.
The objecllves ol the Trust's investment policy are..
al To provide a reasonable level of income in order to Continue the Trust's capacity lo apply grants to those
charities which the Trustees decide qualify under the Deed of Trust.
bl To maintain and énhancè the real value of the assets over the long temi by investm&nl in a porrfolio
comprised of equities, fixed income stocks and cash.
The Trustees are governed by the Trusteg Act 2000.
The Trust's objectives (see abovel are lo be achieved by investing prudendy and cautiously in a broad rangg 01
fixed interest securilses and equities, which are quoted on a recogniseé Investment Exchange, anij unbl trusts
and open ended investment companies IOEICSI.
The investment portfollo mix wlll fall within the following broad ran9es'.
UK Equib'es
Overseas Equities
Fixed Interesl
Cash
45-85°/0
0-30°
15-45.10
0-10V4
No initial equity investment should exceed 5Vo of the total value of the funds under management and the total
sum ol all equty holdings in excess of 5Vo must not equal or exceed 40Yo of the fund's value al any lime without
the Trustees. SpeC￿￿C approval.
Investments in negotiable instruments known as 'derivalives' are not permitted in any circumstances.
Investment Managers
Ralhbone Investment Management who are authorised and regulated by the Financial Conduct Authority, are the
appointed investment managers. They have conffirmed they will comply with the policy ond arrangements and
that they h8ve not departed from them $8ve with Ihe express approv81 of the Trustees.
Rathbono Investment Management will provide evidence of Ihe firrn's insurance on request.
Page 3

The Slr James Roll Charltable Trust
Trustees. report lcontinuedl
For the year ended 31 March 2022
Achlevements and perfomiance Ic¢ntlnufrd}
Ralhbone Investment M8nagtsmenl will report lo the Trustees al regular intervals to be agreed separately
providing a full listing of the inveslmenls with delails of their cost, curront markel value and estimated incorne
and statistics detailing the fund's performance.
Cash deposits are placed with the approved banks with suitable credit rating5. Cash deposits rnay also be
retained by Rathbone Investment Management as part of the investment portfolKJ.
Financial rtvitw
a. Golng ¢on¢em
After making appropriate enquiries, the Trustees have a reasonable expectation Ihal the Trust has adequate
resources lo continue in operational existence for the foreseeable future. For this ieason, they continue to adopt
the going concern basis in preparing the financial statements. Further detsi15 regarding the adoption of the going
concern basis can be found in thè a¢¢ounling policies.
b. Ra$¢rv•$ pollcy
R•stri¢ttd Fund
The capital of the Trust has been classified as a Restricied incomè fund to eomply wrth the objects of the
Driginating Trust Deed and the SORP. The Trustees rogord Ihls fund. for inlemal m8nagement purposes, as an
'èndowm8nt" to which mgmorandum references are made in the financial statemenls.
Al the Balance sheet dale the Charity holds restricted funds amounting to £5,035,75912021.' £5,010,407).
Unrestricted Fund
The Trustg8s, having absolute discretion as lo the managernent of the restricted income fund, consider the
incom8 and oxpendilure of the Trust as a whole to be m05t fairly repTesenled by an unrestr￿ted general fund for
the purpose of fulfilling their obligations under the Trust Deed.
The Trustees try ID see that the unrestricted fund incomg after moeting ￿1￿ct expenses 15 applied in grants lo
registered charities in accordance with the objects of the Trust.
At the Balance sheet dale the Charlty holds unrestricted funds amounting lo £40,22512021.. £25,035). ￿leh is in
accordance with the reserves policy of holding a minimLsm of approximately one months worth of unrestricted
expenditure. amounting lo approximately £15,000 {2021.' £15.0001.
Structure, govemance and management
Constitution
The Trust is consliluted under a Trust deed daled 24 February 1997 and is a ￿gIStered charity number 1064963.
b. Methods of appointment or •le¢tlon of Tru$t¢•s
The management of the Trust is the responsibility of the Trustees who are elected and co-opted under the terms
ol the Trust de￿.
A Solicf(or and Chartered Accountant shall be retained as Trustees on the Board of Trustees lo see that all
relevant obligations under the Chariti8s Acts are complied with.
Page 4

The Slr James Roll Charltable Trust
Tru$t¢es' report Icontlnuedl
For the year ended 31 March 2022
Structur¢, gov8rnan¢e and management {contlnued
. Organisational structur• and declslon-maklng poll¢le$
The Trustogs meet on aveiage four times a year lo discuss grant applications and matters relating lo the
administration of the Trust, which are also discussed on an ad-hoc basis throughout the financial year.
d. Risk management
The Truslees have assessed the major risks lo which the Trust is exposed and are satisfied that system5 and
pro¢edures are in pla¢8 lo mitigate exposure lo the major risks.
Plans for future perlods
The Trustees will continue lo support the objects of the Charity for the foreseeable future.
Statement ol Trust••s' responsibilities
The Trustees are responsible for preparing the TnJstees' report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdorn Generally Accepted A¢¢ounling
Practice).
Thè law appI￿able ID charities in England & Wales requires th8 Trustèes to prepare financial statements for
e8¢h fina￿181 which give a true and fair view of the stalè of affairs of the Trust and of ils income and application
of resources, including its income and ex￿nditure. for that period. In preparing these financial stèlamènts. the
Trustees are required to..
select suitable accounting poliGies and then apply them consistently.
observe the methods and prin¢iple$ ol thè Charities SORP IFRS 1021.,
make judgements and accounting eslimales thal are reasonable and prudent,.
slate whether applicable UK Accounting Standards {FRS 102} have been followed, subject to any
material departures disclosed and axplaingd in the financial stalemenls.,
prepare the financial slalemenls on the going concern basis unless it is inappropriate to presume that
the TTUSt will continue in business.
The Trustges are responsible for keeping adequate accounting records that are sufficient to show and explain
the Trusvs Iransa¢lions and disclose with reasonable accuracy at any time the financial position of the Trust and
enable thern to ensure that the financial sialements comply with the Charities Act 2011. the Charity {Ac¢ounts
and Reports) Regulations 2008 and Ihe provisions of the Trust deed. They are a150 responsible lor safeguarding
the assels of the Tiusl and hence for taking reasonab￿ steps for the prevention and detection ol fraud and other
iiregularib'gs.
Discl¢suro of Snfomiatlon to auditors
Each of the persons who are Trustees at the lime when this Trustees, report is approved has confirmed that..
so far as that Trustee 15 aware, there is no relevant audit infomiation of which Ihe Trust's auditors are
unaware, and
that Trustee has taken all the steps that ought to have be8n taken as a Tnjslee in order to be awa￿ of
any relevant audit infomalion and lo establish that the Trusys auditors are aware of that inform8ti0n.
Page 5

Th• Slr James Roll Charltabl• Trust
Trustees. report Icontinuedl
For the year ended 31 March 2022
Audltors
The auditors, Azels Audit Services. have indicated their willingngss to continue in office. Tho designalod
Tru51ees will propose a molion reappoinling the auditors at a mgekn'n9 of the Trustees.
Approved by order of the m8mb8rs of thè Board of Truste&s on
on their behalf by..
18 Ik OLfvboy- ¥¢L
and signed
NTGCWharton
Tr
stèè
W Elvy
Trustee
Llddiard
Trustee
Page 6

Independent Auditorfs Report to the Trustees of The Sir Jame5 Roll Charitable Trust
Opinion
We have audited the financlal statements of The Sir James Roll Charitable Twst (the 'chariVI for
the year ended 31 March 2022 which Comprise Statement of Financial Artivtties, the Balance
Sheet and notes to the financial statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financiol Reporting
Standard t7pplicoble in the UK and Republ￿ of Irelond {United Kingdom Generally AC￿pted
Accountirbg Prarticel.
In our opinion the financial statements..
give a true and fair view of the state of the tharitVs affairs as at 31 March 2022 and of its
incoming resources and application of resources, including its income and expenditure, for
the year then ended,.
have been properly prepared in accordan￿ wtth United Kingdom Generally AC￿pted
Accounting Practice,. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII
and applicable law. Our responsibilities under those standards are further described in the auditor
responsibilities for the audit of the financial statements settion of our report. We are independent
of the charity in accordance with the ethical requirements that are relevant to our audtt of the
financial 5tatement5 in the UK, including the FRC'S Ethical Standard, and we have fulf illed our other
ethical responsibilities in accordance with these requirement5. We believe that the audit evidence
we have obtained 15 sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going COIKem
In auditing the financial statements, we have concluded that thetrustees, use of the goin8 concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating
to event5 or conditions that, individually or collertively, may cast significant doubt orb the charity's
abllityto continue as a going concern for a period of at leasttwelve months from when the financial
ststements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respett to going concem are
described in the relevant settions of this report.
Other informalion
The other information comprises the information included in the tru5tees' report, other than the
financial statements and our auditorfs report thereon. The trustee5 are responsible for the other
information contained within their report. Our opinion on the financial statements does not cover
the other information and, except to the extent otherwise explicitly stated in our report, we do not
express any form of assurance conclusion thereon.

Independent Auditorfs Report (continued)
to the Trustees of The Sir James Roll Charitable Trust
other Information (continued)
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit or otheNise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the financial statements themselves. If, based on the work
we have perfornied, we conclude that there is a material misstatement of thi5 Other information,
we are required to report that fact.
We have nothing to report in this regard.
Matters on whlth we are required to report by exception
We have nothing to report in respert of the following matters in relation to which the Charities
IAccounts and Reports) Regulations 2008 require us to report to you if, in our opinion..
the information given in thefinancial statements is inconsistent in any material re5pett with
the trustees, report,. or
the charity has not kept adequate accounting records- or
the financial statements are not in agreement with the accounting records and returns,. or
we have not received all the information and explanations we require for our audit.
Responsibilitles of trustees
As explained more fully in the trustees, responsibilities statement, the trustee5 are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fairview,
and for such internal control as the trustees determine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitrfs ability
to continue a5 a going concern, disclosin& as applicable, matters related to going concern and using
the going con￿rn basis of accounting unle55 the trustees either intend to liquidate the charity orto
cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial Statements
We have been appointed as audrtor under section 145 of the Charities Act 2011 and report in
accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whetherdue to fraud or error, and to issue an auditorfs
report that includes our opinion. Reasonable assurance is a high level of 355urance, but is not a
guarantee that an audit condurted in accordance with ISAS IUK} will always detert a material
mlSStatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decision5 of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website
at: https'.//www.frc.org.uVauditorsrespon5ibilities. This description forms part of our auditorfs
report.

Independent Auditorfs Report Icontinuedl
to the Trustees of The Sir James Roll Charitable Trust
Extent to which the audit was considered capable of deterting irregularities, indudinE fraud
Irregulèritie5, including fraud. are instances of non-compliance with laws and regulations. We
design procedure5 in line with our responsibilities, outlined above, to detert material
misstatement5 in respett of irregularities, including fraud.
We obtain and update our understanding of the entity, its artivities, its control environment. and
likely future developments, including in relation to the legal and regulatory framework applicable
and how the entity is complying with that framework. Based on this understanding, we identify and
assess the risks of material misstatement of the financial statements, whetherdue to fraud orerror,
design and perform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk
of acts by the entity that were contrary to applicable laws and regulations, including fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, including
fraud. we designed procedures which included-
Enquiry of management and those charged with governance around actual and potential
litigation and claims as well as artual, suspected and alleged fraud,.
Reviewing minutes of meetings of those charged with governance,.
Assessing the exient of compliance with the laws and regulations considered to have a
direct material effett on the financial statements or the operations of the entity through
enquiry and inspection-
Reviewing financial ststement disclosures and testing to supporting documentation to
assess compliance with applicable laws and regulations;
Performing audit work over the risk of management bias and override of controls. including
testing of journal entries and other adjustments for appropriateness, evalijating the
business rationale of significant transattions outside the normal course of business and
reviewing accounting estimates for indicators of potential bias.
Because of the inherent limitationsof an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-cornpliance
with regulation. This risk increases the more that compliance with a law or regulation is removed
from the events and transactions reflected in the financial statements, as we will be less likely to
become aware of instances of non-compliance. The risk of not detetting a material misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control.
We communicate with those charged with governance regardin8, among other matters, the
planned scope and timing of the audit and significant audit findings. including any significant
deficiencies in internal control that we identify during our audit.

Independent Auditorfs Report Icontinuedl
to the Trustees of The Sir Jame5 Roll Charitable Trust
Use of our report
This report 15 made solely to the charitvs trustees, as a body, in accordance with Part 4 of the
Charrties (Accounts and Reports) Regulations 2008. Our audit work ha5 been undertaken so that
we might stste to the charit¢s trustees those matters we are required to state to them in an
auditorfs report and for no other purpose. To the fullest extent pemitted by law, we do not accept
or assume responsibility to anyone other than the charity and the chariV5 trustees a5 a body, for
our audit work, for this report, or for the opinions we have fomied.
Michelle Wllkes FCA {SeniorStatutoryAuditorl
For and behalf of Azets Audit Services
Chartered Accountants
Statutory Auditor
Globe House
Eclipse Park
Sittingbourne Road
Maidstone
Kent
ME14 3EN
Date- 19 October 2022
10

The Slr James Roll Charltable Trust
Statement of finan¢lal a¢tiviti¢$
For the ygar ended 31 March 2022
Re$trS¢t8d Unrestrl¢t¢d
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Notè
Income from:
Investments
230,662
230.662
198,491
Total incom•
230,662
230.662
198,491
Expendlture on:
Raising funds
Charitable activities
20.508
20.508
215,472
18,799
179,941
215,472
Total expendlture
20.508
215,472
235.980
198,740
Net lexpenditur¢}lincome before n•t
gains on investments
Net gains on investments
120,$08)
45.860
15,190
15,3181
45.860
{2491
1,028.635
10
Net movernent in funds
25.352
15,190
40.542
1,028,386
Reconciliation of fvnd$:
Total funds brought forward
Nel movement in funds
5.010.407
25.352
25,035
15,190
5,035.442
40.542
4,007,056
1,028,386
Total funds carrl¢d forward
5.035,759
40,225
5,075,984
5,035,442
The Statement of financial activities includes all gains and losses recognised In the year.
The notes on pages 13 10 26 form part of these financial statements.
P898 11

Th• Slr James Roll Charltabl• Trust
Balon¢o $h¢•t
As at 31 March 2022
2022
2021
Not•
Fixod ass•ts
Investments
Current assets
10
5.035,714
5,010,050
Debtors
Cash al bank and in hand
3,131
70,843
2,076
57,560
73.974
59,636
c￿dItors.. amounts falling due within one
year
12
133.704)
134,2441
Net current as$?t$
40.270
25,392
Total net assets
5,075,984
5.035.442
Charity fvnds
Re51ricled fund5
Unreslricled funds
5,035,759
40,225
5,010,407
25,035
13
Total funds
5,075,984
5,035,442
The financial statements were approv￿ and aulhorised for
issue
by the Trustees on
and signed on their bohalf by..
i{tt LLkpl4
NTGCWharton
Tnj
BWEIVY
Trustée
J M Llddlard
Tfuslee
The notes on pages 13 to 26 form part of these financial statemènts.
Page 12

The Slr Jam•s Roll Charltsblè Trust
Notes to the financial statements
For thè yoar ended 31 March 2022
General information
Sir James Roll Charitable Trust is a Charitable Trust and an Unincorporaled Charily in England and
Wales. The registered office is Downs Farm, Pilgrims Way, Wouldham, Rochester, Kent, ME1 3RB. The
principal activities of the Trust are lo support registered charitable organisations by way of grants. hAore
details are provKJed in the Trustees RetK)rt.
Ac¢ountlng poll¢lo$
2.1 Basis of preparation of finan¢lal $tat•monts
The financial statements have been prepared in accordance wlh the Charities SORP IFRS 1021-
Ac¢ovnling and Reporting by Charities.. Statement of Recommended Practice applicable to chariti85
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic ol Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Chariti&s Act 2011.
The finan¢i81 stslements have be8n prepared to give a 'true and fairf view and have departed from
the Charitiès {Accounls and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following the Charitiès SORP IFRS 102) publishèd in
October 2019.
The Sir James Roll Charitable Trust meets th8 dèfinftion of a public benefit entty under FRS 102.
Assets and liabilities are initially recognised al historical ¢osl or transaction value unless othgnwise
stated in the relevant accounting policy.
The Charity has tskan advantsge of the provisions in the SORP for charities applying FRS 102
Update BUI￿lIn 1 not to prepare a Statement of Cash Flows.
Monetsry values are rounded lo the nearest whole £1.
2.2 Going concem
The Trustees assess whether the use of going concem is appropriate i.e. whether there are any
malerial uncertainties related lo events or conditions that may cast significant doubl on the ability of
the Trust to continue as 8 going concern. The Trustees make this assessment In respect of a period
ol at least one year from the dale of aulhorisalion for issue of the financial statements and have
¢on¢luded that the Trust has adequate resources lo continue in operationa1 existence for the
foreseeable future and there are no material uncertainties about the Trust's ability lo continue as a
going concern. thus they continue lo adopt the 90ing concern ba515 of accounting in preparing the
rinancial statements.
2.3 Incom•
All income is fecognised once the Trust has enlitlernent to the income, 11 is probable that the income
will be received and the amount of income receivable can be measured reliably.
Income lax recoverable in relation to investment incom8 is recognised at the time th& investmènt
income is receivable.
Page 13

Th• Slr Jamas Roll Ch8rltabl• Trust
Note$ to the flnan¢lal $tat•m¢nt$
For the year •nd¢d 31 Mar¢h 2022
Accounting polici•s {continu•dl
2.4 Expendlture
Expenditure is recognised once there is a leg81 or conslruclive obligation lo transfer economic benefit
lo a third party, it is probable that a transfer ol economic benefits will b8 required in settl8m&nt and
the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the Trust lo raise funds for ils
charitablg purposes and includes costs of all fundraising actwilies events and non-charitable trading.
Expenditure on charitable activities is incurred on diredy undertaking th8 activiti&s which furthèr Ihe
Trust's objecbves, a5 well as any associated support costs.
Grants payabl8 are charged in th9 ygar when the offer Is made except in those cases where the offer
is cond((ional. such grants being recognis&d as expenditure when the conditions attaching are
fulfilled. Grant5 offered subject to conditions which have not been met at the ygar end are noted as a
commitment, but not accrued as expenditure.
All expenditLJre is inclusive of irrecoverable VAT.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount Gan be measured
reliably by the Tiust,. this is normally upon notification of the interest paid or payable by the institution
with whom Èhe funds are deposited.
2.6 Investments
Fixed asset investments are a form of financial instrument and are initialty re¢ognised at their
transaction cost and subsequently measured al lair value al the Balance sheet date. unless the value
cannot be measur&d reliably in which case il is me¥sured at cost less impairmenl. Investment gains
8nd 105ses, whether realised or unrealised. are combined and presented as 'GainsllLossesl on
inveslmenls, in the Statement of financial aclivilies.
2.7 Debtors
Trade and other debtors are rgcognised at the settlement arnount after any trade discount off8r8d.
Pfepayments are valued al the amount prepaid nel of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includès cash and short-lerm highly liquid investments with a short matunty
of three months or less from the dale of aCquis￿.0n or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilitigs are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, il Is probable that a transfer ol economic b&nefil will be required in settlement, and the amount
of the settlemenl can be eslimaled reliably.
Liabilities are recognised al the amount that the Trust anticipales it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services It must prtsvide.
Provisions are measured al the besl estimate of the amounts required to settle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pr&lax discount rale that reflects th8 risks specifiG lo the liability. The
unwinding of the discount is recognised in the Statement of financial acliwties as a finance c051.
Page 14

The Slr James Roll Charltable Trust
Notes to the financial statements
For the year ènded 31 March 2022
Accounting poll¢lgs {continu•dl
2.10 Flnan¢lal Instruments
The Trust only has financial assets and financial liabilities of a kind that qualrfy as basic financial
instruments. Basic financial instrumenls are initially rgcognised al transaction value and subsequently
m&8sured al their settlement value.
2.11 Fund accounting
Goneral lunds are unrestr￿18￿ funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of Ihe Trust and which have not been designat8d for other
purposes.
RtrStr￿ted funds are funds which are to be use(1 in accordance wth specific restrictions imposed by
donors or which have been raised by the Trust for particular purposes. The costs of raising and
a.dministering such fijnds are charged against the specrfic fund. The aim and use of each restricted
fund is set oul in the notes to the financial statem&nts.
Investment income. gains and losses are allocated lo the appropriate fund.
2.12 Critical a¢¢ounting èstlmat•s and arèas of judgmènt
Accounting estimates and judgments are continually evaluated and are based on historical
experience and other factors, including expectations of future events that are believed lo be
reasonable und¢r th$ ¢ir¢umstan¢es. There are no judgements or koy sources of estimation
uncertainty.
Investment In¢omo
Unrestricted
funds
2022
Total
funds
2022
Total
lunds
2021
Income from listed investments
Deposit interest received
Commissions received
230.022
12
628
230.022
12
628
197,475
16
1,000
230,662
230,662
198,491
Totsl 2021
198,491
198,491
Page 15

The Sir James Roll Charltable Trust
Notas to the financial statèments
For tho yèar gnd¢d 31 March 2022
Investment management expenses
R•$trl¢t•d
funds
2022
Total
funds
2022
Total
funds
2021
Investment manag@mgnt fees
20,508
20.508
18.799
Total 2021
18,799
18,799
Analysis of expenditure by a¢tivitie$
Grants
payab
2022
Support
costs
2022
Total
lunds
2022
Totsl
funds
2021
Charilable activities Inoles 6 and 71
174,800
40.672
215,472
179,941
Total 2021
126.301
53,640
179.941
Page 16

Tho Slr James Roll Charftabl• Trust
Notes to the flnancial statements
For tho y•ar ended 31 March 2022
Analysis of grants
Gr8nt$ lo
In$tltution$
2022
Total
funds
2022
Totsl
funds
2021
Grants payable
174,800
174,800
126,301
Total 2021
126,301
126,301
During the financial year the Charity has rnade grants lo 154 institutions 12021.. 1301, the details of which
are as shown In note 16 to the financial statements.
Support ¢osts
Unrestrlctgd
funds
2022
Total
fund$
2022
Total
funds
2021
Auditors. remuneration
Managemènt & adminislralion cosls Inole 81
Sundry expenses
3,720
35,782
1,170
3,720
35.782
1,170
3.480
49,339
821
40,672
40,672
53,640
Totsl 2021
53,640
53,640
Page 17

Th• Slr Jam•s Roll Charltable Trust
Not•$ to th? financial statements
For th• y•#r ended 31 March 2022
Manag•m•nt & admlnistratlon ¢¢$l$
Unrostrb¢t•d
fund$
2022
Totsl
funds
2022
Total
funds
2021
Consultancy fees
Accountancy fees
17.686
18.096
17,686
18,096
30,624
18,715
35,782
35,782
49,339
Totsl 2021
49,339
49,339
Kreslon Reeves LLP ￿ceiVed £628 12021.. £1,000) of eommissFons from Ralhbone Investment
Management Limited in respect of a share ol transaction ¢ommlssions arising on the investment changes
carried oul dur4ng the year. This was reimbursed lo the Charity.
J M Liddiard, an employee of Ralhbone Investment Managemenl Limiled, receives no remuneration or
expenses in his capacity as a Trustee.
N T G C Wharton has carried out the adminislrab'on of the Charity since estsblishing it on the instructions
of the Rev Sir James Roll. He does this through his own consultant solicitors office. At the year end the
Trust owed N T G C Wharton a sum lotalling to £17,686, and Kreston Reeves LLP were owed £6,996
{2021. £7,150)
Trustees, remuneratlon and expen$os
N T G C Wharton has carrled out the administration of the Charity since establishing il on the instructions
of the Rev Slr James Roll. He doe5 this through his own consultanl solicitors office. As disclosed in note
8 to the financial slalemenls. he charged a sum of £17.686 for thg services provided during the financial
year, all of which was outstanding at the Balance shoet date.
The Charity had no employees during the year12021.' Nill.
During the year ended 31 March 2022, expenses totalling £335 were reimbursed or paid directly to 1
Truslee12021- £190 10 1 Trustee).
Page 18

Th• Slr James Roll Charltsbl8 Trust
Note5 to the finan¢ial statements
For thg year ended 31 March 2022
10.
Fixed asset inv•$tm•nt$
Cash held al
Listèd Investment
Invèstmènts
managers
Total
Cost or valuatlon
At 1 April 2021
Addition5
4,990,217
15B,689
{172,332)
45,860
19,833
5,010,050
1 58.689
{172,3321
45,860
16,5531
Disposals
Revaluations
Cash movements
16.5531
At 31 March 2022
5,022,434
13.280
5.035.714
Hlstorlcal ¢¢￿t
The historical cost of the Trusvs listed fixed asset investments, al the Balance sheet dale, is £4.489,692
12021. £4,487,727).
Investments at m¥rket value ¢omprlse:
Listed UK investments of
Listed overseas investsnents of
Cash held al inveslmant managers
£2,860,501 12021.. £2,875,066}
£2,161.933 12021.. £2,115,151)
£13,280
12021., £19,833)
Which are allocated between..
Equities
Fixed interest securities
Cash held at investment managers
£3.929,950 12021.. £3.842,9161
£1,092.484 12021.. £1.147,3011
£13,280
{2021.. £19.8331
Valuation
A professional valuation of the investments was conducted by Ralhbon8 Investment Management al the
year end dale of 31 March 2022.
Page 19

The SSr James Roll Charltablo Tru$t
Notes tr* the financial stat8m8nts
Forthg year ended 31 Mar¢h 2022
10. Fixtd asset investments Icontinu•dl
Material investments {ovor 3Y• of ¢lo$ing mark•t valu•l
2022
Bla¢krock Fund Managers Conlinenlal Euopean Income D Inc
Blackrock World Mining PLC Sp Ordinary Shares
City of London Inv Trust PLC 25p Qrdinary Shares
JP Morgan Gbl Emarg Mkts In¢ 1 p Ordinary Shares
L&gg Mason Global Fund WA Gbl Blue Chip Bd Prtrm IGBP}
Londonmelric Property PLC 10p Ordinary Shares
M&G Securities Charifund Inc
Merchan15 Trusl PLC 25p Ordinary ShaTOS
Rio Tinlo 1 Op Ordinary Shares
162.077
149.000
187,200
153.525
152,560
179,270
173,768
229,200
221,957
Debtors
2022
2021
Du• within on• y•aT
Other debtors
3,131
2.076
3,131
2,076
12. Creditors.. Amount$ falllng du• wllhln one y•ar
2022
2021
Other creditors
33,704
34,244
Page 20

The Slr James Roll Charltable Trust
Notes to the financial staternents
For the year ended 31 March 2022
13. Statement of funds
statemant of funds - currant year
B8lan¢e at
31 March
2022
Balance at 1
Apr512021
Gain51
{Lossesl
Incom• Expenditure
Unrestricted funds
General fvnds
25.035
230,662
1215,472}
40,225
Restrictèd funds
Restricted funds
5,010,407
120,508}
45,860
5,035.759
Total of funds
5,035,442
230,662
1235,980)
45.860
5,075.984
Detsils of the rèslri¢ted fvnds ar8 detailBd within the reserves policy on pag6 4 of the Truste8$' Report.
Statement of funds- prior year
Balance al
31 March
2021
Balance at
1 April 2020
Gainsl
(Lossesl
Income Expenditure
Unrestrl¢tèd fund$
Gerieral funds
6,485
198.491
1179,9411
25,035
Restricted funds
Reslricled fundy
4,000,571
118,7991
1,028,635
5,010,407
Total of fund$
4,007,056
198,491
1198,7401
1,028,635
5.035,442
Page 21

Th• Slr Jam•s Roll Charltable Trust
N¢te$ to the financial Statemtrnts
For th• y¢ar •nded 31 March 2022
14. Analysis of n•t assets b•tW￿n fvnd$
Analy$ls of not a$s•ts btheon funds- current year
Rostrieted Unr•strl¢t¢d
funds
funds
2022
2022
Total
funds
2022
Flxed asset investrnents
Current assets
Creditors due within one year
5.035.714
5,347
15,3021
5.035,714
73,974
(33.7041
68.627
128.4021
Total
5,035,759
40,225
5.075,984
Analysls of net assets between funds - prior year
Resiri¢ted Unreslricled
funds
funds
2021
2021
Total
funds
2021
Fixed asset investments
Current assets
Creditors due wthin one year
5,010,050
4,309
{3.9521
5.010,050
59,636
134,2441
55.327
130,2921
Total
5,010,407
25,035
5.035,442
15.
Related party transartions
The Trust's related party transactions are as set out in notes 8 and 9 to tho financial Statements.
Page 22

The Slr James Roll Charltable Trust
Notes to the financial Statoments
For the year ended 31 March 2022
16.
Grants pald In year to 31 March 2022
2022
3H Fund
Able Kidz
Action Medical Research
AFASIC
APT IAclion on Povetyl
ASTI
Attend
BANA
8DFA
Become Charity {formerty Who Cares)
BEDE House A550cialion
BIBIC
Blooming 81ossoms Trust
Bowel Cancer UK
Brain Tumour Research
Brainwave
British Blind Sport
British Disabled Angling Association
Bri115h Dyslexics
Bri115h Epilepsy Asso¢ialion
British Liver Trust
British Wireless for the Blind Fund
Bumbake Trust
Calibre Audio Library
Care for Veterans
Carers UK
Cavell Nurses. Trust
CEREBRA
Challenging Behawour Foundation
Child Brain Injury Trust
Children's Heart Federation
Childrens Literacy Charity (was Springboard for Children)
Church Homeless Trust Ltd {was Church Housing Trust)
CICRA
City Escape
Climbing Out
Cknlhing SolulionslFor Disabled People)
Cfv)wns in the Sky
Colostomy Association Limrted
Cornrnunigrow
COMPAID Trust
Computer Aid Inlemalional
Country Trust
Crackerjacks Children's Trust
1,000
800
800
1.000
1,000
1,000
1.OOD
1,000
1,00
1,000
1,000
1,000
1,000
1,000
1,000
1.000
800
1,000
1,000
800
800
1,000
800
1,000
1,000
1,000
1,000
1,000
1,000
BOO
1,000
800
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Carried fotvlard
42,400
Page 23

The Slr Jamès Roll Charltable Trust
Notes to th• financlal stat•m•nt$
For the year ended 31 March 2022
16.
Grants pald In year 10 31 March 2022 l¢ontlnu•dl
2022
Brought forward
42,400
CRIMINON UK
CRISIS
Cruse Bereavement Care
CUED Speech Asso¢ialK)n UK
Cure Parkinson's Trust
Dame Vera Lynn Childrens Charity
Deafblind UK
DEC Afganistan Crisis Appeal
DEC Coronavinjs App881
DEC Ukraine Appeal
Demand
Designability
Different Strokos
Disability Challengers
Dream Holidays
Dream Makers
Dreams Come True Charity
Elizabèth Foundation
Encephalitis Society
Epiliepsy Research UK
Epiphany Trust Ichrysalisl
ERIC
Evenl Mobility
Family Holiday Association
Farms for City Children Limited
Fifth Tru51
Fight Against Blindness
Fight Bladder Cancer
Fine Cell Work
Friday People
Glass Door Homeless Charity (Was West London Chu￿he$ Homeless Con¢eml
Go Beyond Iformedy CHICKS)
Hackney Quest
Handicapped child￿n$ Action Group
Happy Days
Hardman Trust
Helen Arkell Dyslexia Charity
Hol Line Meals Service (London)
House ol Mercy
Huntingtons Disease Assoc
l.T. Schools Africa
Inspire Foundation
10,000
1,000
1,000
800
1,000
5,000
5,000
10,000
1.000
800
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
800
800
800
1,000
1,000
800
800
80LI
1,000
1,000
1,000
1,000
800
1,000
1.000
1.000
1.000
800
1,000
800
1,000
Carried forward
108,200
Page 24

The Slr James Roll Charltabl• Trust
Note$ to the finan¢l¥l statements
For tho year ended 31 Mar¢h 2022
16.
Grants pald in year to 31 March 2022 {¢onllnued)
2022
Brought fotward
108,200
IPSEA
International Spinal Research Twsl
Jigsaw (South Easll
Jubilee Sailing Trust
Kent M S Therapy Cenlre
Kids Cancer Charity
Kids N, Action
Koastler Trust
LEAP
Lennox Childrens Cancer Fund
Leukaemia UK
Lifelites
Link Community Development
Living Paintings Trust
London Narrow Boat Project
Loughborough Junction Action Group
Lupus UK (Kent Group)
Martha Trust
Maytree
Medical Engineering Resource Unit
Meningitis Now
Microloan Foundation
Migraine Trust
Missing People Limited
Morning Star Trust
Multiple Sclerosis Trust
Multiple System Atrophy Trust
Muscular Dystrophy
Myaware
NARA
National Tremor Foundation
New Bridge Foundation
No Way Trust Limited
OCD A¢tion
Oesophageal Patients Association
Only Connect UK
Orchid Cancer Appeal
Pancreatic Cancer UK
Partnership for Children
Prison Advice and Cave Trust
Prison Reform Trust
1,000
1,000
1,000
1.000
1.000
1,000
1,000
800
1,000
1,000
800
1,000
1,000
1,000
800
1,000
1,000
7,000
1,000
1,000
1,000
800
800
800
1.000
1,(M)O
1,000
1,000
800
1,000
1,000
800
1,000
1,000
1,000
800
1,000
1,000
1,000
1,000
Carried foNard
147.400
Pagg 25

The Slr James Roll Charitable Trust
Notès to thè flnanclal statements
For th• year •nd•d 31 March 2022
16.
Grants pald In yoar to 31 March 2022 {continued
2022
Brought forward
147.400
prtsoners Edu¢ation Trust
Providence Row
1,000
800
1,¢)00
1,000
1,000
1,000
1,000
800
1.000
1,000
1.000
800
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
800
1,000
1.000
Boo
1.000
800
800
800
REACT
Respite Association
Roald Dahl's Marvellous Childrgn's Charity
Ruddi's Retreat
Sailors. Children's s￿Iety
Schtsol- Hoffle Support servI￿s IUKI
Sick Children's Trust
Smith-magenis Syndrome Foundation UK
Speakers For S¢h¢)o15
Spinal Injuries Association
Spinal Muscular Atrophy UK
Spitamields Crypt Trust
Sportability
Stoke Mandeville Spinal Research
Strongbones Childran's Charllable Trust
Sunny Days Childrens Fund
Tackle Proslale C3n¢er
Target Ovarian Cancer
Teens Unrte F1ghting Cancer
Thomas Morley Trust
Tools for Self Reliance
Tools 4 Teens
Tower Harnlels Mission
Tuberous S¢lero515 Association ITSAI
Unlock the National Asso¢ialion of Ex-offenders I was Unlock)
Walking With The Wounded
Wheelyboat Trust
Total
174800
Page 26