REPORT OF THE TRUE8 AND UNAUDITED FINANCIAL sfATEMENfs FOR THE YEAR E]YDEDJI MARCH 2022 FOR THE EDWARD ROSE CHARITABLE TRusr DIE Bwine$8 AdviKTr Limitrd 5 Bank StTe¢t Bury BL9 ODN
THE EDWARD ROSE CHARITABLE TRUST CONTENTS OF THE FINANCIAL sfATEMEKrs FOR THE YEAR ENDED 31 MARCH 2022 I to 3 Iodeptndcnt Ex•rnlDtVi Report tem¢tht of Fiwjthl A¢dvld¢• 8tstemeDt of FIMndo1 Po•ldDo Notm to the Flnaneknl St•tements 7 kn 13 Detlllod Ststtment of Ae11 14
THE EDWARD ROSE CHARITABLE TRUST RgpoRT OF THE'fRUSTEES FOR THE YEAR ENDbDJI MARCH 2022 The twstees pjrseni ihtir rert wilh the financial statements of ihe charity for the year ended 31 March 2tr22. The tN5tCe5 have adopted the provision$ of Accounting artd Reporting by Charitics.. Stalcment of Recommended practice applicabl¢ w chariiies preparing their accounts in accordonce with the Financial Reporting Standard applicable in th¢ UK aTJd Republic of Ir¢land {FRS 102) (eftliVe l (ktober 2019). OBJEcfIvES AND AcfIvITIES Objectives nd aims The main aim of the charity is to Provide pr8Cti¢al assistsnce disadvantaged youn8 people through bringing people tO8eiher. livinB and wodiing in a rlose cotntnunity neiwork. The trust hopes to do ihis Ihft)ugh obtaining a nutnber properties in close access to cach oth¢r with suppottrd living scttin8s and by issuing grdnts to other insiillltions with th¢ same objecis. li is Ihought this will help &s51St ¢asi¢r integrnion with the wider nei8hbourhwd 4nd therefor¢ crcatc and maintsin imtrfTrrtani links with individuals and groups. Slgnificant •ctlvltieJ During the year und¢r wo$ were completed bring the new¢st proTty into u%. This has beet) Id to di5gdvants8ed young peopl< where thcy can live and work together. Publir beneflt Th¢ I'n1 was ¢stablishzd for ihe benefit of young disVantAged pcople in the Grear Mgnche5ter are4 with Ihe objective io prnvid¢ th¢m assislance and SUPkKJrt live and be integrthd within th¢ wider community. The truslce5 consider makLDg don8tions C(rLIve meAns of pr(>vidinB practical &55iylan¢¢ kn disadY8miaged youn8 kw1¢ ihouBh ihe facilitie5 provided from th¢ r1VIng institui>on¥. Donations in ihe year totalled £5,000 12021.. £3.5501. FINANCIAL REVIEW Flngnclal pojltlon, achlevements and perforniAnet The charity rcceived donatjWs in th¢ Ye tothlling £9,8(KI (2021.. £39,000) and mt donalions to institutions of £5,000 {2021.. £3.5501. Inve51ment income of £37,915 remained Similar to that of £35.681 in 2021. beinB rents rettived. Fjpendibjre increased durin8 th¢ y¢ar ty £28,651 from £19,179, mainly due to repairs requir¢d on ¢h¢ properties in the Ov¢ro11 net InMe for the year w&$ £19,064 compared to £55,502 in 2021. Unr¢ytriLXed ndS at the ycar eThJ were £l,012,64312021.. £9)3,579). The obove Jrsulis were achieved despite the ongoing pandemic which the trust w&s thankfully not adversely atTe(t by. The Trustees ar¢ satisfied that all of the charity's assets #re sthted in tl* statement of financial posiiM)n in acrdance with the charity's accountin8 lICIt5 51ated on page 7. In line with g(M)d prnctice the 'fru5tees continue to dev¢lop intrrnal 5yStem5, SUPPOrt ten4nt5. impl¢m¢nl. review and nend p)li¢i¢5 in orderlo improve service5 arwj ensurc that the charit&ble objectiv¢s Contin b¢ met. Investment polley The trustee's policy for mMies not immediately required for th¢ day lo day OFerntion of the trust rnay bc held in invesiments, securities or property. Funds also be 108JJed to other trusts to be used in lin¢ with the charitable obJ'ect)ve5 wher¢ th¢5¢ are considered io be the seJtLe. A5 at the year end the charity h8s monies held in a dep)sit account and had loaned monies totalling £306,640 to a trust with the same charitable objective
THE EDWARD ROSE CHAIUTABLE TRUST REPORT OF THE TRUSTEES FOR THL YEAR ENDED 31 MARCH 2022 FINANCIAI. REVIF.W Res¢rves pollcy The trustees have exAmincd the need for fTre reserves and wnsider th. given the nature of th¢ charity'5 work and it5 C4)mmitm¢nL the level of free Jrseryes should be such as will enable ihe charity to mea 11$ commitments for the rore5eeable future. The level of r¢TV¢S considered ts) be rryuired any one time is £3.500. lthe charity continues io Use ihe pn)perties to Benerale rental inwme for the charity to use and rrratc fr¢c serveS al ¢nable il lo meet ils comrnitments 8oin8 forward. The 5tatcmenl of financial w)sition show5 totsl re5CTves of £1.012,643 12021,, £993,579). of which th¢ tothl r¢pr¢sents un$tcted funds which is for th¢ support of ihe Charity ObJ1Ve$. Colng eoneern After considering the rol¢ of the tTh5t within the wid¢r mmUnity and risk managemen¢ the trustecs have SOnable expectation thal the IN51 have ad¢quate s(r(e$ artd cash flows to meei iheir spending eommitsn¢nts for ihe rore5eeable fu(ur¢. The InJ5tets have considered the impact of the current economic ouilwk on the tN$i and recognisc that Ihe filture cannot be predicted with certainty. Ihe tru51cc5 expcct ihc ITU511o continue re¢¢iving inv¢51mcnt bncomc durin8 Ihis lime and will conlinue lo monitor and where w)s5iblc reduc¢ costs. The trustees believe thot the I81 is well placed lo fe the risks at thcsc clIengIng limes And therefo coniinues to adopt A 8oin¥ cone*m basis in pparIng these financial ststemenis. FUTURE PLANS The charity is considering &cquiring addition&1 properties in the fortheomin8 yCaT5, Wjth a view to create a crxnrnunity work for PToviding &45istsnc¢ to disadvantag¢ youn¥ p¢ople in a $upp)rt¢d environmeni. Th¢ Iwsl will continue to make grants and donations to similar instiiutions as when donations are 1ved to make this possible provide fvrther assisthnce. STRUCTURE, GOVERNANCE AND MANAGEMEM. Gov¢rnlDg dwumenl The ¢hariiy is controlled by it'6 governin¥ document, a trust deed dated l Au8USt 1997, as amended by supplemental d¢¢d on 3 jIe 1999. Th¢ Twsk¢s appoiDt¢d kn ¢n5ure that the relevant skill¥ and experience are in place lo exe¢utr ihe Charities aims and objective5. They are ultimately re5w)nsible for the )I]cleS, activities and asS¢ts of the Charity and they m¢¢t frcquently to review developm¢nt$ of the ¢hoJity's a¢tivitiC5 ar make any imw)rtant deei$ions. When nc¢essory. the TnJstee5 scek advicc Dnd 5UPWrt from the charity'5 professional advisers including property consultants, investmenl m4nagcr5. 501icitor5 accountant5. The day to day mBn8gemenl of th¢ th4rity'5 a¢tivili¢g, and th¢ impl¢m¢ntation of poIici¢s, is d¢legatcd to the appropriht¢ members of th¢ Trust. Risk mAllgEemeiit The ¢Nstees have vl duty lo identify And review the risks to which the clmriiy is exrA)sed ond to ensure appropriate ¢ontrols aT¢ in pl¢ to provid¢ ru50nabl¢ ¥5swan¢¢ ayinst fraud and error. The Inte¢S have examined the operational and bu$iness risks which the chvity fe$ and wnfim) ihat they hav¢ establi51Kd 5y5trm5 to miti8ate thc si8nifJcant risks. REFERENCE AND ADMINISTRATIVE DETAIIS Regtstered Ch#rity number 1074447
THE EDWARD ROSK CHARrrABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Principal 8ddrt 20 Amwych Aveny¢ RUSlMe M14 SNL Thi•te D Fehhprn M Feltham S J Feltham J E F¢ltham ljmlepeudent Examloer Fiona 01hlin FCA DTE Business Advisers Limit¢d Th¢ Exch 5 Bank Stre¢t Bury BL9 ODN Banken Lloydg Bonk plc 4240 Mark¢t Strr Man¢heBter Ml IPW Apwovcd by order of the knrtd of tru8te¢s on................. ............... . sit on its behalf ty,. r¢ltham- Tn
INDEPENDENT EXAMIIVER'S REPORT TO THE TRusfEES OF THE EDWARD ROSE CHARITABLE TRUST Independent ex#mineVs report to the truitees ofThe Edward Rose Ch8ritgble Trwt I retx)rt to th¢ ¢haTi¢y tru$tees on my examination of Ihc accounts ofThe Edward R05c Charitable Tru&t (the Trust) for the yearended 31 mCh 2022. Re8pon$lbllltles bBsts of report As the ¢hatity trnst¢¢s of the Twust you Thre re5ponsibl¢ for the prepAration of the acLX)unts in e0rdAnCe with the requ1MentS of the Chariiits Aci 2011 {Ih¢ Ad.). I rekx)rt in respect of my cxamination of the Trust's accounts carried oul undu SeL#ion 145 of th¢ Act gmd in cwrying out my exarniThalion I hav¢ followed all applicable Directions 8iven by the Charity Commission under SethK)n 145(5Mb} of the Aa. Independent exgminer'i i14tement I havc completed my examination. l confirm that no material matters have eome w my attention in conne¢tion with the examination giving me caus¢ to bclieyc thot in Nny material rc5rKct'. ntin8 r¢cords were noi kept in r¢spect of the Trust a5 required by 130 of the Affl,. or the a(xoutJ¢s do not accord wilh ih05c records: or the accounts do Thol ¢omply with th¢ appli¢ablc requirements concerning the form and nnt of oceounts set out in the Charities IAc£outtts and Rerts} Regulations 2008 oiher than Hny requirement that the aeeounls gi Iru¢ and fr vi¢w which is not a matterconsidered part of ind¢peDdent examina1. I have no wn¢¢rns 8nd have come Across no other matitrs in ¢onneetK)n with the examination to whieh attention Should be drawn in this repori in order to cnBble g prop¢r undmtsnding ofihe aci¥)unts to b¢ rea¢h¢d. Fiong 0,ugh[In FCA rL Busirtess AdviseTS Limited Chartered Acwuntants The Exchan8¢ S Bank Strtel Bury BL9 ODN 3013123
THE EDWARD ROSE CHARffABLE TRusr srATEMENT OF FINANCIAL AcrivrriES FOR THE YEAR ENDED31 MARCH 2022 2022 UnrMtrleteA 2021 NoleB INCOME AND ENI)OWMEI¥TS FROM DDnations and leB8cies 39JKKI income 37,915 35fj81 Total 47.715 74th81 EXPENDITURK ON Raiiittg filndi 14371 4*10 •rh•bk ietlvltlt4 ttionS lo inititutions Mi%¢Jlaneo SWO 3,550 9380 11012 2WI 19.179 NET INCOME 19064 55J02 RF£ONCILIATION OF FUNDS TDth] broughi forword 99JJ79 938.077 TiyfAL FUNDS CARRIED FORWARD 1.012,643 993.579 The kn pth ofthe8e finth¢ial statements
THE EDWARD ROSE CHARITABLE TRusr STATEMENT OF FINANCIAL POSMON JI MARCH 2022 2021 Unrtstritted FIXED ASSETS lThvutments Invatsn¢ni• Ye4ttt woperty 566.309 566JiO 566JlO CURRKwf ASSETS 449323 433,352 1.523 Cash at bank 454Wi 434.875 CREDITORS Amounts f1]n8 due within orK ye 10 (8M8) {7S)6) NET CURREiYr Kssrrs 427,269 TOTAL ASSETS LESS CURRENT LIABILITIES 993.579 NET ASSETS JlJ12 9)3.579 FUNDS Uttrtstrictcd fyndl 1.012 9)3J79 TOTAL FUNDS 1O12h43 993J79 Th¢ fin ¢ial sthlements were approv by th¢ Board of Truste¢5 and authori5ryJ for iHue We signed on ils behaifby: D Feltham.
THE EDWARD ROSE CHARITABLE TRUST NOTES TO TIIE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 LEGAL STATUS The Edwdrd Rose Charilable Irust is a charity regulad by the charity commission sinc¢ its Tegistration on I Mah 1999. ACCOUJ¥TING POLICIES of preprlng the Ilnancial ststements Th¢ fJnan¢ial stal¢m¢nts of Ihe Charity, which is a wbliL bcn¢fJt enlity under FRS 102, have been prepared in accord8n¢e with the Charitie5 SORP {trRS 1021 'A¢untIng 8nd R¢pDrting by Charities.. Statem¢nt of Re¢ommendeO Practic¢ applicable chariiies prepArin8 thcir aecount5 in acLM)rdance wilh th¢ Financial Re)rtIng Standard applicabl¢ in th¢ UK and Republic of Ireland IFRS 102) leffe£iive l January 2019),. Finomcial Reporting StsndaTd 102 'The Financial Rqx)rting St4nd¥d app1[ble in th¢ UK and Republic of Ireland, and the Ch8rit1¢5 Act 2011. Thc financi stsiements hove been prepar¢d under the hi5toricD] c05t nveniion, with the excemion of invesimenis whieh e included at market value. The trust meets the deflnition of 4 Publi¢ Ben¢fii En¢ity I'PBE") As s out in FRS I, and therefore apply the PBF. prixed paragrnphs in FRS 102. The financial stolements contAill inforniation th)ut The Edward Rose Chtirit#blt Trust &% an iDdividual Crity and do not ¢ontsin consolidated financial inforniAtion as the Parent ora group. The company taken the opiion under seaion 13912) of the Chtriiic5 Act 2011 nol to PTepor¢ LX)n501idad financigl sta¢¢m¢nts. After rA)nsiderin8 the rol¢ of Edward Ros¢ Charitsble tnjst wiihin the wider community (described on pages 1.3 of the annudl report) and risk marta8emenL the trustee$ h&Ye reasonable expectaiion that ih¢ tn1 has thquat re50urce5 and cash flows ¢0 meet il's spending commitments for the foreseble future. Th¢ trustees have considered the imp1 of the current economic ouilijok on the trusi and r¢¢o8nis¢ thot th¢ future cArtnot be predietcd with certainty. The Iru5t¢¢5 CXP¢¢t ¢h¢ tNsl to wntinue r¢c¢i¥ing investment income during thi5 time ond will Continue ¢0 monitor where possible reduce Costs. The IN$S believe ihai the trust is wcll placed to face the risks DI ih¢s¢ ¢hall¢n8in8 times and therefore ontinues to adopt a going concern basi5 in pYeparin8 these finAncial statements. Jncomc All hnwme rewgnrscd in the Sthtement of Financial Activities once the Charity has entitlement ihe funds. it is probable the income will received and the amounl ¢4n be measured reliably. Expenditure Liabilitie5 arr reco8nised &% expendiiurc as soon &8 there is & legal or constructive obliylion committing the haritycharity to that expenditur< it is pftibable that & transfrr of economic bcnefits will be required in 5dllemel and the amoun( of the obligation can be tneasured r¢li4bly. Expenditure is accound for on an accruais b1$ and ha5 been classified under headings thai a88re8ate all ¢05t reled to the cate80ry. Wh¢r¢ ¢o$ts cannot be direcily attribuied to particular he&lings they have been allocated to activities on a basis ¢onsi$nt with the use or resoUt&. TAxtion The ch&rity 15 exctnpt from t&K on its charitablc activities. Fund Acwuntsng Unresfficted fuThJs be used in a¢cordance with the chDritable objectiV¢5 at th¢ di%r¢lion of the trustees Restricted funds only be used for particular restricted purposes within the objects of the Gharity.Re5trictions aTiS¢ when Splfied by the donor or when funds are rnised for PArticular r¢5tric*d purFK)se5. Further eXplanlon of the n#ture and purp)5e of each fund i5 included in ih¢ not¢5 th¢ finan¢i81 sta¢¢m¢n¢s. conlinued...
THE EDWARD ROSE CHARITABLE TRUST NOTESTO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 21122 ACCOUNTING POLICIES- tonllnutd Cash ind r4sh equivalentl Cash and cash tquivalents in¢lud¢ in hand, d¢postts held at 11 wrth banks hnd other short term liquid investments with original maturities ofihrce rTJonth5 or1¢sS. Flnn¢l41 Instruments The charity only ente inkn basic financi irtstrumettLs trsn5actions that result in the rtcoÈrtllion of ffinancia] asse1$ 8nd liabilities likc trade and oth¢r Kcounts ¢¢1¥able and payable. loans from bykS and other third parties and loans to relaied parti¢s. Financi41 a55cts that are m¢ured at cost &nd amortised cosl are assessed at thc end of each rerthing peri(MJ for objeciive evidencc of itnpainnent. If Obj¢¢t1 evidence of irnpaiTrncnl is found. an impaimient loss is re¢ogniscd irt the incorne statement. SLYlion Pt41.-34.90 kn PBE34.97 of fRS 102 allows PBE to rKognise concessionary loans at the amount paithre¢ei¥ed with $ubsequenl m¢a5ur¢m¢nts being the carrying amounl adjustal for any ed inlere5t Teceivable or payablc. Bw5i¢ finAn¢iNI liabilities are initially M1¢d al tran$a¢tion price and subsequently measuyed at wnortised c054 bein8 the Ironsaction Pri1¢5$ any amounts s¢tiled. Crltltal HccountinE utlm•tes And Judgernertts In the 8pplicalion of the chArily's aeeounting TK)licies. th¢ twstecs are required to rn&ke estimal¢s and jud8¢mcnts. Th¢ ¢51imai¢s ar¢ based on hIsriC01 exrIen¢tS 4nd oth¢r r¢levarst fadors. ACTUAI results may diffcr from these ¢siimates. The e51im&tes eonlinually ¥¥uted. R¢visions to &CutIng estimaies are r¢co8nised in the period in which the ¢51imat¢ 1$ revised. The estimates and assumptions which have p si8nificanl risk of causing a materiai adjustm¢nl lo Ih¢ wying amount of assets and liAbilitie5 8r¢ outliKd b¢low.'. Estima¢in8 the value of investment propelry is con$iderl ¢0 be a k¢y judgement. making allowanett for impairnieni where ne¢¢ss8ry. Invutments In iuhldl#rl Investhi¢nls in subsidiary underthkings arc inilidly re¢ord¢d at wsl, and subsequently s{ad at cost less any a¢¢umul&ttd impairment10s$¢s should there be any dimirbuation in valuE in the opinion of the tn¢sttts. Inv¢stment property InvE5tmcnl property is initially rw)rded at rtht, which ineludes purchase price and ony diredly a(tributable exF¢nditure. Investhien( pmperty 15 rev8iued to its fair value at each pOrting d¢ and gmy Changes in fair value are rQgnised in income and eXidItUre. continucd..
THE EDWARD ROSE CHAIUTABLE TRusr NOTES TO THE FINANCIAL STATEMENTS- contlDued FOR THE YEAR ENDED 31 MARCH 20n IIYVESTMENT INCOME 2022 2021 37,915 35.681 41SING FUNDS Invtstrnent eo Property repAirs Insurance M4na8¢mrnt thaTg¢s 11,157 370 1.584 350 1676 14J71 4,610 TRUSTEES, REMUNERATION AND BEIYEFITS There wer¢ no trust, rL¥nun¢ration or oiher nefits for the year ended 31 Mtr¢h 2022 tw for th¢ yeAr enthd 31 Mah 2021. Tnwtt•' ¢ypen Th¢r¢ no tnte¢s, expenges paid for the yearended 31 Mor¢h 2022 nor for ended 31 MArch 2021. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Uhrc5trict¢d INCOME AND ENDOWMENTS VROM Donations and le8acies 39,LbJO Inv¢sknent itiCLxn¢ 35,681 Total 74.681 EXPLNDITURE O Raising fvnds 4,610 Ch*rltllble qctiwiti Don&tion5 to institutions mislIancU5 3J50 Totsl 19.179 NET INCOME 55,502 RECONCILIATION OF FUNDS Totsl fiuhls brought fonvard 938,077 continued...
THE KDWARD ROSE CHARrrABLE TRusr NOTESTO THE FINANCIAL STATEMENf6- ntIfted FOR THE YEAR ENDED 31 MARCH 2022 COMPARATIVES FOR THE STATEMEKfov FINANCIAL AcfiviTIES- rontlnued Unrestricted TOTAL FiiF4DS CARRIED FORWARD 993.579 FIXED ASSET INVESTMENTS Shweb in MARKET VALUE At l April 2021 and 31 Much 2022 NET BOOK VALUE At 31 Mareh 2022 At 31 Mtrch 2021 were no investment outlide the UK. Fixed aHet inveslments a IIXPA ihtrehoL4L in HOF Lirnit¢4 A company registered in W41¢5. The COrnPwL1 priwipai activity of An invukn¢ntAnd holdin8 ¢I)MpY. INVESTME PROPERTY FAIR VALUE Al l April 2021 and 31 Mah 2022 506J09 NET BOOK VALUE At 31 March 2022 506J09 At31 Mv¢h2021 566,309 In the OPillithL of th¢ trustees the fair value of InveBtmertprorty is the cort &$ at the year eTh4. 10 continued...
THE EDWARD ROSE CHARITABLE TRusr NOTES TO THE FINANCIAL STATEMEPITS- eoollnued FOR THE YEAR ENDED JI MARCH 2t)22 DEBTORS 2022 2021 AmL)unts fallin8 du¢ within oneyear. Other ddytor5 142J83 138.712 Amoymj falling due afterrnore than one yer. Otherdebkn]% 306HI 294,640 Aggregale omounts 449314 433.352 CRED11DRS: AMOUNfs FALLING DUE WIThIN ONE YEAR 2021 Trnde credilm (Xher creditL)rn lJ31 907 3.139 4,467 7A16 MOVEMENT IN FUNDS Nd movtment in funds At 31.3.22 At1.421 Gtnernl 99U79 19064 11112 TOTAL FiJNDS 993J79 19 1,012,643 Nvt movanent in fid& induded in the aknve are al follows: IncAMnin8 Rcsour¢ts Movwnent eXled in fun UDrutrltled fitn 47,715 (2Wi) 19064 T(yfAL FUNDS 47,715 (28,651) 19,064 Ltinued...
THE EDWARD ROSE CHAIUTABLE TRusr NOTES TO THE FINANCIAL sfATEMENTS. continued FOR THE YEAR KNDED 31 MARCH 2022 MOVEMENT IN FUNDS- continued CompAr#tlveJ for movement IA funds Net mov¢m¢nl in funds At 31.3.21 A(1.4.20 Unresirieted fun General fund 938.077 55.502 993 J79 TOTAL FUNDS 938,077 35,502 993.579 Comparntive net m0vcmt in funds, included in the aknve ore a5 follows.. Incoming resour Resourc¢s exp¢nded Movement ITh fifftds UnreB¢rlctrd fund• General fund 74,681 (19.1791 55,502 TOTAL FUNDS 74,681 119.179) 55.502 RELATED PARTY DISCLOSURES During the year the trust re¢¢iv¢d p donation of £9.800 fTDm Aldwych Homes Limid 12021.. £39,10), company in which tyu5e D Feltham is matrrially iniere$d as * direLlor. Included within other debrn at the thtement of financial p)sition date is an amoun¢ of £142,071 12021: £138.200) due fiDm Fden Hope Limited, awmpany in which the tN51 own5 the enlire 5hwe capitsj. ALW included within other debr9 at the statement of financial position date 18 an amoun¢ of £51X) (2021= £500) from Norton Place Limited, a company in which the B Fcliham R1ment Benefit Seheme owns the entire share capith]. Th¢ trustxs of the trust are also trustees and beneficiaries of the B Feltham Retlrement Benelh Scheme. Included in trnde c1rdir$ f1]ng due within one year ore qmounts of £nil (2021.. £3181 and £75012021.. £7501 to B Feltham (Maintenan¢el Limited ond Feltham Mana8erneni Limitcd respcciively. companies in which trustee D Feltham is materially inleTE5tcd as a dijrthor. During the year ihe tNst w&$ ¢hwd £2,84412021.. £2.6761 for maTha8emcnt Costs from Feliham Management Limited in resped ofmana8in8 the properties ol'the tnL5t and was chged £13,767 12021.. £1.934) fTom B Feltham (Mwntcnr} Limited itt respect of pwtty repairs and awuntsncy SUPIK>rt. The alK*V¢ baiAnces arc interest frec and repayable on (kmand. 12 continued...
THE EDWARD ROSE CHARITABLE TR15sr NOTES TO THE FINANCIAL STATEMENTS- eontlnued FOR THE YEAR ENDED 31 MARCH 2022 13. ULTIMATE COI4TROLLING PARTY The ¢lJarity iijoirfty wytrolled by the trustee4. 13
THE EDWARD ROSE CHARTTABLE TRUST DKfAILED sfATEMEwfoF FINANCIAL ACTIVITIES FOR THE YEAR ENDED JI MARCH 2022 2022 2021 INCOME AND ENDOWMENrs DDnatiiMJs retciv&ble 39.0 37915 3Sh81 Total rtxouru¥ 47.715 74.681 EXPENDITURE 11.157 37 U44 1.584 350 2ffj76 InALrnnce 14J71 4hlO Ch*rhabk •ctlvlt )10% to iNtithliotN 3.550 Lrfal. profe&)] and m&1•1 f 1.462 FlniDee tharge8 Gtyvtrnineteoits 6380 9JJO W51 19.179 Flet lotome 19.064 55J02 Thi5 pag¢ do not form p4rtof 5tsfytory financial 5tht¢rn¢nts 14