CHARITY REGISTRATION NUMBER: 1079165
The Friends of the Rose Bowl
Unaudited Financial Statements
5 April 2024
INDEPENDENT AUDITORS LLP
Chartered Accountsnts
Emstrey House Noth
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

The Frfends ofthe Rose Bowl
Financial Ststements
Year ended 5 Aprll 2024
Trustees. annual report
Independent examinerfs rewl to the Irustees
ststement of finan(xal activities
Statement of finanaal posltlon
Notes to the finandal statements

The Friends of the Rose Bowl
Trustees. Annual Report
Year ended 5 April 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended
5 April 2024.
Reference and admfjnl$trAtfve detalls
Reglstered charity name
The Friends of the Rose Bowl
Charlty regtstradon number
1079165
Prlnclpal offle¢
21 Norlholmv Road
London
N5 2UZ
The trust¢¢s
O J Baker
D Brindle
G Geddes
P ODonn¢ll
S Caloni
T Warren
M MaTino8
O Ayad
(Appoin*d 2 May 2023)
(Appointed 2 Mpdy 2023)
Indepondant •xamlner
Jonathon Dale FCA
Independent Audttors LLP
Chartered Accountants
Emstrey House North
Shrewsbury Business Park
sI￿sbUry
Shropshire
SY2 6LG

The Frlends of the Rose Bowl
Independent Examlnerfs Report to the Trustees of The Frlends of the Rose
Bowl
Year ended 5 Aprll 2024
I report to the ttustees on my examination of the financial statements of The Friends of the Rose Bowl ('the
charity,) for th¢ y¢ar ended 5 April 2024.
Responslbllltles and basis of report
As the trust¢es of the charity you are responsible for the prepardtion of the flliancial stat¢ments in
accordanrK with the requirements of the Charities Act 2011 ('the Act.).
I report in resped of rny examination of the charity's financial statements carried out under section 145 of
the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145(5)(b) of the ACL
Independent examlner's statement
I have ￿Mple1ed my examination. I confimi thal no material malters have come to my attention in
connection with the examination giving me cause to believe that in any matrrial respect:
accounting records were not kept in K8pect of the charity as required by section 130 of the ACL.
or
the financial sta*ments do not accord with those records. or
th¢ financial statements do not comply with the applicable requirements conceming the forni
and content of accounts set out in the Charities (AccouDts and Reports) Regulations 21)08 other
than any requir¢m¢ni that th¢ accounts give a 'true and fail view which is not a matter
considered as part of an independent examinaiion.
I have no concerns and have come across no other matters in conneclion with the examination to whi¢h
attention should be thawn in this report in order to enable a proper understanding of the accoullts to be
reached.
Jonathon Dale fcA
Independent Auditors LLP
Chartered Accountants
Emstrey House North
Shrewsbury Business Park
Shrcwsbury
Shropshire
SY2 6LG
I G DGccM8ER 202

The Friends of the Rose Bowl
ststement of Flnancial Activities
Year ended 5 Aprll 2024
2024
Unrestricted
funds Total funds
2023
Total funds
Nota
Ineome and endowments
Voluntsry income
Other trading activities
Investment incom¢
71,426
23,610
972
71,426
23,610
972
58.572
19,762
276
Totsl Income
96,008
96,008
78,610
Expendltsre
Expenditure on raising funds:
Costs of generating voluntary income
Ex￿ndItUre on cliarltdble activities
Totsl expendlture
11,445
67295
11,445
67.295
8,311
64,785
78,740
78,740
73,096
Net In¢ome and Det movement In funds
17,268
17,268
5.514
Reeonclllatlon of thndi
Total funds brought forward
Totsl funds ¢Arrled forward
117,037
134,305
117,037
111,523
134,305
117,037
The Ststement of fU￿nCIal activities includes all gains aftd losses recognised in the yur.
All income and expenditure derive from continuing activities.
The notss on pagos 5 to 11 form part of th880 financial statements.

The Friends of the Rose Bowl
Statsment of Financial Position
5 Aprll 2024
23
Current asjets
15
10393
140.632
151.625
8.123
110250
118JT3
C&sh at bank and inhand
CredltorB: amounts falliDg due within
one year
16
17J20
lJ36
Nd eun*Trt assets
134.305
134J05
ll34￿5
117.037
Totsl asgds le89 eurrent hbllitie8
117.037.
117.037
Net a88
Funds of the charity
134305
134.305
117.037
117.037
Totsl ¢barity fond8
and azv signed (m bebalf of the Ix)exd by:
OJBa
Trnstee
Tho notss on pages 5 to 11 forni part of the￿ flnanclal statements.

The Friends of the Rose Bowl
Notes to the Financlal Statements
Year ended 5 Aprll 2024
Ceneral fnfomatlon
The clwity is a public benefit entity and a regist¢r¢d charity in England and Wales and is
uninL￿[p0raItd, Thc address of the prinLipal office is 21 Northolrne Road, London, N5 2UZ.
Statement of tomplianee
These fIn￿CIal slatemcnls have been prcpared in compliance with FRS 102, 'The Financial Reporting
Standard applicable in the UK and the Republic of I￿land,, the Slalement of Recommended Prnclice
applicable to charities prep8ring their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) aod the
Charitics Act 2011.
Aeeounthig polleles
Basts of preparatlon
The fmancial statements have been prepared on the historical cost basi$, 0$ modified by the
revaluation of ¢cnain financial assets and liabilities and invcskncnt properties measur¢d at fair value
through incomc or cxpcnditurc.
The financial slatements are presented in sterling which is the ￿nCtIOnal currency of the company and
rounded to the nearest £.
Fundi alloeadon
Any restrict¢d funds are those donated for Specific purposes for the general benefit of the charity's
beneficiaries and are included with the unrestricted fvnds. The designated fund differs only to the
¢xi¢nt that monies are held for specific recipienis.
Colng eoneern
There are no material uncertainties about the ¢harity's ability to continue.
Deslgnated funds
The trustees consider it pnKlent to fund cover for our contribution to th¢ futu￿ runnin¥ ¢osts of the
Rose Bowl Centre of £60,000.
Judgements and key source5 of e5dmatlon un¢trtalnty
The preparation of the financial ststements requires management to make judgements. eslimales and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and oih¢r factors, including cxpectation5 of future events that
are believed to be reasonable under the circurnstances.

The Friends of the Rose Bowl
Notss to the Financlal Statements (conthiu
Year ended 5 Aprll 2024
AccouDtlng pollcles (coxthi#edJ
Fund aeeountlng
Unrestricted funds are available for use at the discretion of the trust¢es to furtl)¢r any of the charity's
Desi￿ated fu￿ are unresthcted fitnds Camu￿ed by the truskes for particular future project or
commitmenL
Restricted fimds are subjectoj to restrictions on theirexpenditure declared by the donor or through the
tern￿ of an appeal, and fall into one of two su&¢lasses: ￿trIcted income fiumas or a)dowmenl futkds.
Incomlng resource5
All incominB ￿sOUrceS a￿ included in the Ststem￿l of financial activities when entitlement has
passed to tILe cEwity: it is probable that the economic benefits &8sociated with the transaction will
flow to the charity and the amount can be reliably measured. The following spccific policies are
applied to particular categories of income:
income from donations or 8fdnts is recognised when there is evidence of entitlement to the gitl
receipt is probable and its amount w be tr￿ured reliably.
legacy income is Tecognised when Teccipt 15 probable and entitlement is establi$h¢d.
in¢ome from donated goo(ts is Measu￿ at the fair value of the g￿)dS unle&8 this is impractical
to measure reliably, in which case the value is derived from the cost to the donor or the
estimated resale value. Donared facilities aod services are re¢ognised in the a¢counts when
received if the value can bc reliably measure(L No amounts are included for the contribution of
general volunteers.
income from ¢ontracrs for the supply of services is recognised with the delivery of the
contracted service. This is c]a&sified as unrestricied fillth unless there is a contractual
requirement for it to be spent on a particular pu4Jose and returned if unspenL in whicb case it
may be regarded as restricted.

The Friends of the Rose Bowl
Notes to the Flnanclal Statements fGonllnuvdJ
Year ended 5 Aprll 2024
Accounthig pollclo
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure inrludes any
VAT which cannot be fvIIy T￿0v¢r¢d, and is Classifi￿ under headings of the statement of financial
activities to which it relates:
expenditure on raising funds includes the costs of all ￿ndraISing activities, events,
non-charithble trading activities, and the sale of donated 8oods.
¢xpenditure on charitsble activities includes all costs incurred by a chority in undertakin8
activitics that fiirthcr its charitsblc aims for thc bcncfit of its bcncficiarics, including tho
support costs and ¢osts relating to the govemance of the charity apportioned to charitable
a¢tivitie8.
other expcnditure includes all expenditurc that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated * expenditure categories ￿flectIng the use of the ￿SOUrce. Dir¢¢t ¢osts
attributabl¢ to a single actlvlty are allocated dircctly to that activity. Shared costs are apportioned
betwccn thc activitics they ¢ontribu* to on a rca8onabl¢p justifiablc and consistcnt basis.

The Friends of the Rose Bowl
Notes to the Flnanclal Ststements (Gonthiu8d)
Year ended 5 Aprll 2024
Accountlng policles (e•hthi¥¢dJ
Flnan¢lal Instruments
The company electd io apply the provisions of Section I I 'Basic Financial InstnmKnts' and
Section 12 Dther Financial Instrumentslssues, of FRSI 02 to all of its financial instruments.
Financial instrutnents are recognised in the company's balance sheet when the company becomes a
party to the eonir8Ctual provisions of the instrumenl.
Financxal assets and liabilities are offseL with the net amounts presented in the financial statements,
when there is a legally enforceable right to sel off Ihe Tecognised amounts and there is intention to
settle on a net basis or to realise the asg¢t and settle the liability simultaneously.
Basic financial assets, whi¢h in¢lude debtors and c4sh and bank balances. are initially measured at
transaction price including transaction costs and are subsequently carried at amort15ed cost Using thc
effective interest method unless the arTan8ement constitutes a financing transaction, which ihe
transaction is measured at the present value of the fuwre receipts discounted at market rate of interest.
Financial assets classified as receivable within on¢ year are not amortised.
Finoncial liabilities and equity instNmenls are classified accordtng to the substance of the contractual
arrnng¢ment entered into. An equiry instnm)ent is any eontra¢t that ¢viden¢es a r¢$idual interest in the
assets of the Company after deducting all of its liabilities.
Basic financial liabilities. includtng creditors. bank loans, loans from fellow group companies and
preference shares that are Classified Bs debk are initially recognised at transaction price unless the
arrangement Constitutes a financing transaclion, where the debt instrument is rneasured al the present
value of ihe fijture payments dis¢ounled ac a market rate of interest. Financial liabilities ¢la5sified 09
payable wiihin one year are not amorlised.
Debt in8ttuments off 8ubsequ¢ntly ¢affied al amortised ¢OSL using the effective interest rate method.
Trade Creditors are obligations to pay for goods or serrfices that have been acquired in the ordinary
course of business from suppliers. Amounts payable are classified as ¢urr¢nt liabilities if payments is
due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are
recognised inilially at irAnsaction price and subsequently measured at amortised Cost Usin￿ the
etYe¢tiv¢ interest method.
Voluntary Ineome
Unrestricted Total Funds Unrestricte41 Total Funds
Fund$
2024
Funds
2023
Donatlons
Donations including gift aid
Donations relating to auction
32,581
38,845
32,581
38,845
30,432
28,140
30.432
28,140
71,426
71,426
58,572
58,572

The Friends of the Rose Bowl
Notes to the Flnancial Statements f¢onitinusOJ
Year ended S Aprll 2024
Other ￿dIll8 aetlvfities
Unrestri¢i¢d Tothl Funds Unrestricted Total Funds
Funds
2024
Fund¥
2023
Auction
23,610
23,610
19,762
19,762
Inveslment Income
Unrestrictcd Total Funds Unrcstrictcd Totsl Funds
Funds
2024
Funds
2023
Bank interest receivable
972
972
276
276
Costs of generatlng voluntary Ineome
Unrestricted Totsl Fundj Unreslricted Total Funds
Fund$
2024
Funds
2023
Costs of raising donations and Ic8acics-
Sponsorship
Auction event costs
216
11,229
216
11.229
360
7,951
8,311
360
7.951
11.445
11.445
8,311
Expendlture on ehArltable a¢llvltl¢s by fund typ¢
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Provision of costs for running of thc Rose Bowl Centre
Support costs
65,290
2.005
65,290
2,005
67.295
67,295
Unrestricted
Funds
Restricted Total Funds
Fund
2023
Provision of Costs ftlr nUJDin8 of the Rose Bowl Centr¢
Support costs
58.276
1,509
5,000
63,276
1.509
59,785
s,000
64,785

The Friends of the Rose Bowl
Notes to the Flnancial Ststsments fwil
Year ended 5 April 2024
Expendlthre on eharltable acdvltles by actfvlty type
Activities
undertaken Grant funding
directly of aciivities Support Costs
Total funds
2024
Total fund
2023
Provision of costs for
running of the Rose Bowl
Centre
Governance costs
15,290
65,290
2.005
63.276
1.509
2.005
50.01
15,290
2,005
67,295
64,785
10. Covern2nee eosts
Governance
¢osts
Total 2024 Totsj 2023
Professional fees
Accountsncy fee5
Bank charges
216
216
704
805
624
624
2,004
1,509
11. Anatysls of grants
2024
2023
Grants to ln5111utlons
Iseldon Arts CIC
15290
13,276
Total grants
15.290
13,276
12. Independent examlnatlon fees
2024
2023
Fees payable to tbe independent examiner for.
Independent examination of the financial statements
1,164
704
13. Staff costs
The average head count of employees during the year was Nil (2023: Nil).
No employee received employee benefits of more than £60,000 durin8 the ycar (2023: Nil).
14. Trustee remuneratlon and expeDses
No remunerdtion or other benefits from employment with the eharity or a relatrd entity were received
by the trustees.
10

The Frlends of the Rose Bowl
Notes to the Flnancial Statements (¢onthu
Year ended 5 Aprll 2024
15. Debtors
2024
2023
Other debtors
10,993
8,123
16. Credltors: amounts faulng due wlthln one year
2024
2023
Trade creditors
Accruals ond deferred income
2.500
14,820
1.336
17,320
1.336
17. Deferred Income
2024
2023
Amount deferred in year
14,820
18. Anaty8ts of ¢harltable fund8
Unrestrl¢ted funds
At
6 April 2023
At
Income Expenditure S Aprll 2024
Unresiricied Fund
Designated Fund
57,037
60,000
96,008
(78,740)
74,305
60.000
134,305
117,037
96,008
(78,740)
A¢
6 April 2022
At
Income Expenditure 5 April 2023
Unrestricted Fund
Designated Fund
46,523
60,000
106,523
78.610
(68.096)
57.037
60,000
117,037
78,610
(68,096)
19. Analy818 of nel assets between funds
Unrestricted Totsl Funds
Funds
2024
134.305
134,305
Unr¢stri¢*d Total Funds
Funds
2023
Current assets
117,037
117,037
11