Charity reglstratlon number 1074447 (England and Wales)
The Edward Rose Charitable Trust
Annual report and unaudited financial statements
For the year ended 31 March 2025

The Edward Rose Charitable Trust
Legal and administrative infromation
Trustees
Mr D Feltham
M Feltham
Mr S J Feltham
Ms J E Feltham
Charlty reglstratlon
England and Wales
1074447
Prlnclpal addre99
20 Aldwych Avenue
Rusholme
Manchester
M14 5NL
Independent examlner
DJH Bury Limlted
The Exchange
5 Bank Street
Bury
Lancashlre
BL9 ODN

The Edward Rose Charitable Trust
Contents
Page
Trustees, report
Independent examiner's report
Statement of flnanclal actlvltles
Statement of flnancial position
Notes to the financial statements
7-13

The Edward Rose Charitable Trust
Trustees, report
For the year ended 31 March 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note I
to the financial statements and comply with the Trust's governing document, the Charitie5 Act 2011 and
"Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102)" (effective l January 2019).
Objectlves and activities
The main aim of the charity is to provide practical assistance to disadvantaged young people through
bringing people together, living and working in a close community network. The trust hopes to do thi5
through obtaining a number properties in close access to each other with supported living settings and by
issuing grants to other local institutions with the same objects. It is thought this will help assist easier
integration with the wider neighbourhood and therefore create and maintain important links wlth
individuals and groups.
Public benefit
The Trust was estsbllshed for the benefit of young disadvantaged people in the Greater Manchester area
with the objective to provide them assistance and support to Ilve and be Integrated wlthln the wlder
community.
Achlevements and performanc•
Significant activities and achievements against objectives
Throughout the year, a property has been let to disadvantaged young people, providing them with a place
to live and work together.
Flnanclal review
The charity received donations in the year totalling £32,300 (2024: £9,200) and made donations to
institutions of £1,100 (2024: £10,100).
Investment Income of £51,652 Increased from that of £37,704 in 2024, being rents received.
Expenditure Increased durlng the year to £42,863 from £28,959, mainly due to repairs.
Overall net Income for the year was £41,089 compared to £17,945 in 2024.
Unrestrlcted funds at the year end were £1,103,519 (2024: £1,062,430).
The Trustees are satisfied that all of the charity'5 assets are stated in the statement of financial position in
accordance with the charity's accounting policies as stated on page 7.
In line with good practice the Trustees continue to develop internal systems, support tenants, implement,
review and amend policies in order to improve services and ensure that the charitable objectives continue
to be met.
Going concern
After considering the role of the trust within the wider community and risk management, the trustees have
reasonable expectation that the trust have adequate resources and cash flow5 to meet their spending
commitments for the foreseeable future.
The trustees have considered the impact of the current economic outlook on the trust and recognise that
the future cannot be predicted with certainty. The trustees expect the trust to continue receiving
investment income during this time and will continue to monitor and where possible reduce costs.
The trustees believe that the trust is well placed to face the risks at these challenging times and therefore
continue5 to adopt a going concern basis in preparing these financial statements.

The Edward Rose Charitable Trust
Trustees, report (continued)
For the year ended 31 March 2025
Reserves policy
The trustees have examined the need for free reserves and consider that, given the nature of the charity's
work and its commitment, the level of free reserves should be such as will enable the charity to meet its
commitments for the foreseeable future. The level of reserves considered to be required at any one time is
£3,500. The charity continues to use the properties to generate rental income for the charity to use and
create free reserves and enable it to meet its commitments going forward.
The statement of financial position shows total reserves of £1,103,519 (2024.. £1,062,430), of which the
total represents unrestricted funds which is for the support of the charity objectives. Free reserves are
£537,209 (2024: £496,120).
Investment policy
The trustee's policy for monles not Immediately required for the day to day operation of the trust may be
held in Investments, securities or property. Funds may also be loaned to other trusts to be used in line
with the charitable objectives where these are considered to be the same. As at the year end the charity
had advanced monies totalling £379,822 to a trust with the same charitable objectives.
Plans for future periods
The charity is considering acquiring additional properties in the forthcoming years, with a view to create a
community network for providing a5515tance to disadvantage young people in a supported environment.
The trust will continue to make grants and donations to similar institutions as and when donations are
received to make this possible to provide further assistance.
Structure, governance and management
The charity is controlled by its governing document, a trust deed dated l August 1997, as amended by
supplemental deed on 3 June 1999.
The Trustees who served during the year and up to the date of signature of the financial statements were:
Mr D Feltham
M Feltham
Mr S J Feltham
Ms J E Fellham
Recruitment and appolntment of trustees
The Trustees are appointed to ensure that the relevant skllls and experience are in place to execute the
charity's aims and objectives. They are ultimately responsible for the policies, activities and assets of the
charity and they meet frequently to review developments of the charity's activities and make any
important decisions. When necessaryl the Trustees seek advice and support from the charity's professional
advisers including property consultant5, investment managers, solicitors and accountants. The day to day
management of the charity's activities, and the implementation of policies, Is delegated to the appropriate
member5 of the Trust.
Risk management
The trustees have a duty to identify and review the risks to which the charity 15 exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have examined the operational and business risks which the charity faces and confirm that
they have established systems to mitigate the significant risks.

The Edward Rose Charitable Trust
Trustees. report (continued)
For the year ended 31 March 2025
The Trustees, report was approved by the Board of Trustees.
Mr D Feltham
Trustee
Date:
2.6..- 01 _ 2026

The Edward Rose Charitable Trust
Independent examiner's report
To the Trustees of The Edward Rose Charitable Trust
I report to the Trustees on my examination of the financial statements of The Edward Rose Charitable
Trust (the Trust) for the year ended 31 March 2025.
Responsibilities and basls of report
As the Trustees of the Trust you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the Trust's financial statements 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 section 145(5)(b) of the 2011 Act.
Independent examlner's statement
Your attention 15 drawn to the fact that the charlty ha5 prepared the financial statements in accordance
with the relevant version of the Statement of Recommended Practice applicable to charities preparing their
flnancial 5tatement5 in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of
Recommended Practice issued on l April 2005 which is referred to In the extant regulations but has now
been withdrawn. I understand that this ha5 been done in order for the financial statements to provide a
true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examinatlon. I conflrm that no matters have come to my attentlon In connection
with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by section 130 of the Charities
Act 2011.
the financial statements do not accord wlth those records; or
the financial statements do not comply with the applicable requirements concerning the form and
content of financial statements Set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the financial statements 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 financial
statements to be reached.
Rlchard Askey FCA
DJH Bury Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 ODN
27 January 2026
Dated:

The Edward Rose Charitable Trust
Statement of financial activities
Including income and expenditure account
For the year ended 31 March 2025
Unrestrlcted
fund8
2025
Unrestrlrted
funds
2024
Notes
Income from:
Donations and legacies
Investments
32,300
51,652
9,200
37,704
Total Income
83,952
46,904
Expendlture on:
Charitable activities
42,863
28,959
Total expendlture
42,863
28,959
Net income and movement In funds
41,089
17,945
Reconciliation of funds:
Fund balances at l April 2024
1,062,430
1,044,485
Fund balances at 31 March 2025
1,103,519
1,062,430
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.

The Edward Rose Charitable Trust
statement of financial position
As at 31 March 2025
2025
2024
Notes
Fixed assets
Investment property
Investments
566,309
566,309
io
566,310
566,310
Current assets
Trade and other receivables
Cash at bank and in hand
li
540,639
52
498,871
396
540,691
(3,482)
499.267
(3, 147)
Current liabilitles
12
Net current assets
537,209
496,120
Total assets less current liabilities
1,103,519
1,062,430
The funds of the Trust
Unrestricted funds
13
1,103,519
1,062.430
1,103,519
1,062,430
The financial Statements were approved by the Trustees on
,.2..6.-p/-2026
Mr D Feltham
Trustee

The Edward Rose Charitable Trust
Notes to the financial statements
For the year ended 31 March 2025
Accounting policies
Charlty Information
The Edward Rose Charitable Trust is a charity regulated by the charity commission since its
registration on l March 1999.
1.1 Basis of preparatlon
The trust meets the definition of a Public Benefit Entity ("PBE") as set out in FRS 100, and therefore
apply the PBE prefixed paragraphs in FRS 102.
The financial statements contain information about The Edward Rose Charitable Trust as an Individual
charity and do not contain consolidated financial information as the parent of a group. The charity
has taken the option under section 139(2) of the Charitie5 Act 2011 not to prepare consolidated
financial statements.
After conslderlng the role of The Edward Rose Charitable trust within the wider communlty (descrlbed
on pages 1-3 of the annual report) and rlsk management, the trustees have reasonable expectation
that the trust has adequate resources and cash flows to meet its Spending commitments for the
foreseeable future.
The trustees have considered the impact of the current economic outlook on the trust and recognise
that the future cannot be predicted with certainty. The trustees expect the trust to continue receiving
Investment income during this time and will continue to monitor and where possible reduce costs.
The trustees believe that the trust is well placed to face the risks at these challenging times and
therefore continues to adopt a going concern basis in preparing these financial statements.
The financial statements are prepared in sterling, which is the functional currency of the Trust.
Monetary amounts in these financial 5tatement5 are rounded to the nearest £.
The financial statements have been prepared under the hlstorical cost convention, modified to include
investment properties and certain financial instruments at fair value. The principal accounting policies
adopted are set out below.
1.2 Going concern
At the time of approvlng the flnanclal statements, the Trustees have a reasonable expectation that
the Trust has adequate resources to continue in operational existence for the foreseeable future. Thus
the Trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees In furtherance of their
charitable objective5.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used.
The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by
the Trust.
1.4 Income
All income recognised in the Statement of Financial Activitie5 once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
Accounting policies
(Continued)
Cash donations are recognised on receipt. Other donations are recognised once the Trust has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the
time of the donation.
Legacies are recognised on recelpt or otherwlse if the Trust has been notified of an Impendlng
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is
treated as a contingent asset.
1.5 Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligatlon
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular heading5 they have
been allocated to activities on a basis conslstent with the use of resou rces.
1.6 Investment property
Investment property is Initially recorded at cost, which includes purchase prlce and any directly
attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value
are recognised in income and expenditure.
1.7 Non-current investments
Fixed a55et investments are initially measured at transaction price excluding transaction costs, and
are subsequently measured at fair value at each reporting date. Changes in fair value are recognised
in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
Investments in subsidiary undertakings are initially recorded at cost, and subsequently stated at cost
less any accumulated impairment losses should there be any dlmlnuatlon in value in the opinion of
the trustees.
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call wlth banks and other short term
liquid investments with original maturities of three months or less.
1.9 Financlal Instruments
The charity only enters into basic financial instruments transactions that result in the recognition of
financial assets and liabilities like trade and other account5 receivable and payable, loans from banks
and other third parties and loans to related parties.
Financial assets that are measured at cost and amortised cost are asse55ed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is found,
an impairment loss is recogni5ed in the income statement.
Section PBE34.90 to PBE34.97 of FRS 102 allow5 PBE to recognise concessionary loans at the amount
paid/received with subsequent measurements being the carrying amount adjusted for any accrued
interest receivable or payable.
Basic financial liabilities are initially measured at transaction price and subsequently measured at
amortised cost, being the transaction price less any amounts settled.

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
Accountlng pollcles
(Continued)
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are
initially measured at transaction price including transaction costs and are subsequently carried at
amort15ed c05t using the effective interest method unless the arrangement constitutes a flnancing
transaction, where the transaction is measured at the present value of the future receipts discounted
at a market rate of interest. Financial a55et5 classified as receivable within one year are not
amortised.
Baslc flnanclal Ilabllltles
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future payments discounted at a market rate of
interest. Financia I l labilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, uslng the effectlve interest rate
method.
Trade payables are obligatlons to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as cu rrent l iabi lities if payment is
due within one year or less. If not, they are presented as non-current Ilabilities. Trade payables are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
Derecognltion of financial liabllitles
Financial liabilities are derecognised when the Trust's contractual obligations expire or are discharged
or cancelled.
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting policies, the trustees are requlred to make estlmates
and judgements. The estimate5 are based on historical experiences and other relevant factors.
Actual results may dlffer from these estimates.
The estlmate5 are continually evaluated. Revisions to accounting estimates are recognised in the
period in which the estimate is revised.
The estimate5 and assumptions which have a significant risk of causing a material adjustment to the
carrying amount of assets and liabilities are outlined below..
Determining the value of investment property is considered to be a key judgement, making
allowances for impairment where necessary.
Income from donatlons and legacles
Unrestricted
Unrestricted
funds
2025
funds
2024
Donations and gift5
32,300
9,200

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
Income from investments
Unrestricted Unrestrlcted
funds
funds
2025
2024
Rental income
Interest receivable
51,652
37,636
68
51,652
37,704
Expendlture on charltable actlvltles
Total Funds Totsl Fund•
2025
2024
Dlrect costs
Rates and water
Insurance
Management charges
Legal fees
Donations
Property repairs
HMRC Penalties
500
900
311
600
3,191
I,ioo
34,554
172
3,556
io,ioo
10,962
39,828
26,121
Share of support and governance costs (see note 6)
Governance
3,035
2,838
42,863
28,959
Analysis by fund
Unrestricted funds
42,863
28,959
Support costs allocated to activities
2025
2024
Governance costs
3,035
2,838
Analysed between:
Total Funds
3,035
2,838
io-

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
Support costs allocated to activities
(Continued)
2025
2024
Governance costs comprlse:
Accountancy
3.035
2.838
3,035
2,838
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits
from the Trust during the year.
Taxatlon
The charity is exempt from taxation on its activities because all its income is applied for charitable
purposes.
Investment property
2025
Fair value
At l April 2024 and 31 March 2025
566,309
In the oplnlon of the trustees the falr value of Investment property Is equal to hlstorlc cost.
10 Fixed asset inv•stments
other
Investments
Cost or valuatlon
At l April 2024 & 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
2025
2024
Other investments comprise:
Notes
Investments in subsidiaries

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
10 Fixed asset investments
(Contlnued)
Fixed asset investments represent a IOOO/o shareholding in Eden Hope Limited, a company registered
in England and Wales. The company's principal activity is that of an investment and property holding
company.
11 Trade and other recelvables
2025
2024
Amounts falling due within one year:
Amounts owed by subsidlary undertakings
Other receivables
Prepayments and accrued income
157,969
1,005
1,843
150,737
512
160,817
151,249
2025
2024
Amounts falling due after more than one year:
Other receivables
379,822
347,622
Total debtors
540,639
498,871
12 Current Ilabilities
2025
2024
Trade payables
Other payables
Accruals and deferred income
600
600
47
47
2,835
2,500
3,482
3,147
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants
which are not subject to specific conditions by donors and grantors as to how they may be used.
These include designated fund5 which have been set aside out of unrestricted fund5 by the trustees
for specific purposes.
At l April
2024
Incoming
resources
Resources At 31 March
expended
2025
General funds
1,062,430
83,952
(42.863}
1,103,519
12

The Edward Rose Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2025
13 Unrestricted funds
(Contlnued)
Previous year:
At l Aprll
2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
1,044,485
46,904
(28,959)
1,062,430
14 Related party transactlong
During the year the trust recelved donations of £17,300 (2024: É9,200) from Eden Hope Limited, the
subsidiary company. In addition, donations totalling £15,000 (2024: £nil) were also received from A
Rose Limited, a company in which the trustees have a beneficial interest.
Included within other debtors at the statement of financial position date is an amount of £157,969
(2024: £150,737) due from Eden Hope Limited. This advance is unsecured, interest free and
repayable on demand.
During the year the trust was charged £312 (2024.. £nil) by Feltham Manchester Lettings Limited in
respect of property management services and was charged £23,689 (2024: £9,814) by B Feltham
(Maintenance) Limited In respect of property repairs and accountancy support. Trustee, D Feltham, is
materially interested in both companies as a director.
15 Ulitmate Controlllng Party
The charity 15 jointly controlled by the trustees.
13