Charity Registration No. 1128521 THE LYNNE AND NIGEL ROSS CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 THE LYNNE AND NIGEL ROSS CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Nigel Ross Lynne Ross Mark Ross Paul Ross Charlty numbÈt 1128521 Reglstered offlce 8110 Hallam St￿et London WIW 6NS Accountants HW Fisher Professional Services Limited Acre House 11-IS William Road London NWI 3ER Independent Examlner Joel Courts clo HW Fisher Profession81 SeNices Limited Chartered accountants Acre House 11-15 Willièm Road London NWI 3ER Bankers Lloyds Bank Private ￿nkIng 21-23 Hill Street London WU 5JW THE LYNNE AND NIGEL ROSS CHARITABLE TRUST CONTENTS Pa8e TrustÈes' rÈptsrt Independent exzrniner's report ststement of financial activities Balantr sheet Notes to the finÈntial statements 6-11 THE LYNNE AND NIGEL ROSS CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 ThÈ trusteÈs prÈ5ent thÈir report and financial 5tstetnents for the yÈar Ènded 5 April 2025. The accounts have been prepared In accordance with the accounting policies set out in note I to the accounts and comply with the charity's DeÈd of Trust, the ChÈritiÈs Act 2011 Ènd 'Actountin8 and RÈporting by CharitiÈs'. 5tatÈment of RÈcommÈnded Practice applicable to charitie5 preparing their accounts in 3ccordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective from l January 20191-. Objettlves and artivitles ThÈ charity's objective as sÈt out in the ChÈritable Trust DeÈd, is for the tru5teÈs to apply capital and incomè to or towards or for the benefit or furtherance of such charitable purposes orcharitsble in5titution5 3t their 3bsolute discretion. The trusiees have paid due re4ard to guidance issued by the Charity Commission in decidine what activities the charity should undertake. Achievements and performance During the year the Trust generated income resources of £283,60012024.. £262,630) which enabled the charity to make 1612024.. 201 grants. The trustees have cornplied with their duty in section 17 of the Charities Act 2011 to have due regard to guidance published bv the. Charity Cammi%%iDn. Flnantlal review The trust received Income from rents which amounted to É273.53612024.. É252.54218nd donations of £IO,00012024.. £10.0001. The trustees own a number of commercial properties which receive rental income. During the year the trusrees purchased two investment properties and sold one investment property during the year. As shown in the statement of financial attivities, as at 5 April 2025 the net Incre2se in funds for the year was £51,62412024.. £12,544). Re5erve5 Policy It is the policy of the Charity to maintain unrestricted funds (free reserves) at a level which is sufficient to cover management and administration costs and to respond to emergency applications for grants which arise from time to time. In sitU8tions where the income is Insufficient to meet the annual expenditure, the reserves are required to make up any shortfall out of capital. The trustees are content that the level of reserves held is sufficient for this purpose. The unrestritted funds of the Charity as at 5 April 2025 amounted to £2,539,53112024.. £2.487,￿71. Grant Making Policy The trustees. grant m8king policy is generally to make donations to registered charitable organisations (not individualsl which support a wide range of causes. The tru5tee5 reviewed and accepted gr3nt applic3tion5 during the year under review. During the year the Trust made 1612024.. 201 grdnt5 totslling £216,96412024.. £150,7071. Risk The trustees have a55e55ed the m3jor ri5k5 to which the ch3rity is exposed, and are 5at15fied that 5VStern5 3re in place to mitigate exposure to the major ris￿. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Structure. governance and management The Lynne and Nigel R055 Charit3ble Trust 15 registered with the Charity Corntni55ianers (No 11285211 Ènd con5titutÈd by Deed ttf Trust d3ted 30 January 2009. The trusteÈs who served during the year and up to the datÈ of signature of thÈ financial statements were.. Nigel Ross Lynne Ross Mark R055 Paul Ross The trustees have the power to appoint new trustees, and any one trustee can retire at any time they see fit. The minimum number of trustees IS three. The trustee5 meet to assess grant applitations and to review and èttept individual gtsnt applitstions during the year. Plans for future periods It is the trustees, intention to continue to review grant appli￿tIonS in the future and make donations where they see fit. The trustee5' report was approved by the Board of Trustees. Nigel Ross Trustee 18 Sep 2025 Dated.. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LYNNE AND NIGEL ROSS CHARITABLE TRUST I report to the trustees on rny exatnination of the financial statement5 of The Lynne Ènd NigÈl R05$ Charitable Trust (the charity) for the year ended 5 April 2025. Responslbllltles and basls of report As thÈ trustÈÈs of thÈ charity you are rÈsponsiblÈ for the prÈparation of the financial statÈmÈnts in attordance with the requiretnent5 of the Ch4ritie5 Act 2011 (the 2011 Actl. I report in respect of my examination of the charity's financial statements tsrried out under section 145 of the 2011 Act. In tarrying out my examination I havÈ followÈd all thÈ applicable DirÈctions givèn by thÈ Charity Commission undÈr section 14515llbl of the 2011 Act. Independent examiner's statement Since ihe charity's gross income exceeded £250,000 your exèminer must be 8 member of a body listed in section 145 of the 2011 Att. I confirm that l am qualified to undertake the examination because l am a member of . which is one of the listed bodiÈs. I have completed my examination. I confirm that no matters h8ve come to my attention in connection with the examination giving me catsse to believe that in any material respect.. accountinR records were not kept in respect of the charity as required by section 130 of the 2011 Act.. or the financial statements do not accord with those records,. or the financial 5tstements do not comply with the applicable requirement5 concerning the lorrn and content of account5 Set out in the Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gwe a true and fairview which 15 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 dtswn in this report in order to enable a proper undÈrstandin8 of the financial statements to be reached. Joel Courts c/0 HW Fisher Profe55ional Service5 Limited Chartered Accountants Acre House 11-15 William Road London NWI 3ER 18 Sep 2025 Dated.. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED S APRIL 2025 Unrestrfcted fund5 Unrestricted funds 2025 2024 Notes Intome and endowments from= Donations and legÈciès Investments 10,000 273,536 64 iO,OCMI 252,542 Other income Totsl income 283,600 262,630 Ex ndlture on.. Raising funds 23,604 24,226 Charitsble actwitie5 222,372 155,860 ?45.97fi 1An.r)A Net gainslllossesl on investments 12 14,000 170,OCMII Net inrome for the yearl Net movement In funds 51.624 12,544 Fund balance5 at 6 April 2024 2,487,907 2,475,363 Fund balances at5 Aprll Z025 2,539,531 2,487,907 The statement of financial activities includes all gains and losses recognised in the year. All incotne and expenditure derive from continuing activities. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST BALANCE SHEET AS AT 5 APRIL 2025 1025 2024 Notes Flxed assets Investment properties Current assets 13 2,520,C()I 2,445,001 Debtors Cash at bank and in hand 14 2,687 64,652 2,133 59.182 67,339 147,8091 61,315 118,4091 Credltors.. amounts falling due withln one year Is Net current assets 19,530 42,906 Total assets less current Ilabllitles 2,539,531 2,487,907 Income fund5 Unre5trictÈd funds general 2,539,531 2,487,907 2,539,531 2,487,907 18 Sep 2025 The financial ststements were approved by the Trustees on......................... Nigel Ross TrustÈÈ THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 A¢¢ountinB ptyll¢ie$ Charlty Inlormadon The Lynne and Nigel Ross Charitable Trust is a tharity registered in England and Wales. The registered office is 8110 Hallam StreÉt, London, WIW 6NS. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's Deed of Trust, the Charities Act 2011 and "Accounting and Reporting by Charities-. Statement of Recommended Practice 8pplicable to ch8rities preparine their financial statements in accordance with the Financi31 ReportinB Standard applicable In the UK and Republic of Ireland IFRS 1021" (effèctivè from l January 20191. The tharity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterlin& which is the funttional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest E. The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At tho time of approving the fin3nciÈl statÈmÈnt£, thÈ trugtÈÈs have a reagonablÈ ÈxpÈctation that thÈ tharity ha> adèquatÈ resources to continue in operational existence for the foreseeable future. Thus the tru5tee5 continue to adopt the Eoing concern b3515 of accounting in prep3ring the fin3ncial statement5. 1.3 Charitable funds UnrÈstritted funds are available for use at the discretion of the trustees in furthetsnce of their charrtable objectNes. 1.4 Incoming resources Incotne is recogni5ed when the charity 15 legally entitled to it after any performance condition5 have been rnet, the amounts can be measured reliably, and it is prob8ble that income will be received. Cash donations are recogni5ed on receipt. Income ta¥ recoverable in relation to donation5 received under Gift Aid is recognised at the time of the donation. IrwesttnÈnt income 15 accounted for on a recÈivable ba51S. Resources expended Liabilities Ère rÉcognised as expenditure as soon as there is legal or construttive obli83tion committin8 the Charity to that ÈxpÈnditurÈ, it is probablÈ thÈt 5Ètt1ÈmÈnt will bÈ rÈquirÈd and thÈ amount of thÈ oblirdtion tan be mÈasurÈd reliÈbly. All expenditure is accounted for on an attrual basis. All expenses including support costs and governance costs are allocated or pportioned to the applicable e¥penditure headings. Expenditure on raising funds relates to the cost5 of managingthe charitV'5 inve5trDent propertie5. Support costs relate to the administrative costs of running the charity. Governance costs comprise all cost5 involving the public accountability of the Charity and its compliance with regulation 3nd good practice. Grants payable are payments made to third parties In the furtherance of the charitable objertives of the charitv. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Actountln8 pollcles Icontlnuedl 1.6 Investment properties Investtnent property, which is property held to earn rent315 3nd/or for c3pital appreciation. 15 measured using the fair v31ue model and stated at it5 fair value at the reporting end d3te. The surplu5 or deficit on revaluation 15 recognised in net incomel lexpenditurel for the year. The freehold properties are included at market value Zt S April 2025. The trustees have decided to revalue the properties every 5 years or earlier should the trustees consider there to be a material movement in value. Any gain or loss on revaluation is taken to the Statement of Financial Activities. 1.7 C35h and cash equivalents Cash and cash equivalÈnts include cash in h3nd, deposits held at tsll with banks, other short-term liquid investments with original maturities of thrÈÈ tnonths or lÈss, and bank ovÈrdrÈfts. Bank overdrafts are shown within borrowings in current Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Fin8nci81 Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to 811 of Its financial instruments. The charity only has financial assets arid financial liabilitie5 of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction v31ue and 5ubsequentty measured at their 5ettletnent value. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates 2nd ssumptions about the tarrying amount of assets and liabilities that are not readily apparent from other sources. Material Èstimates ènd judgemÈnts arÈ sÈt out bÈlow. Valu*ion of investment properties Investment properties are held at fairvalue. Further detai15 3bout the ba515 of valuation can be found in accounting policy 1.6. THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 DoAatlon$ and lewles Unrestrlcted Unrestricted funds general funds general 2025 2024 Donations and gifts 10,000 iO,OCMI Investments uh￿St￿tted funds general UnrÈstricted funds general 2025 2024 Rent31 income 273,536 252,542 Other Intome Unrestricted funds general Unrestricted funds general 2025 2024 Other income Raising furKIs Unre#ricted funds general 2025 UnrÈ5trictÈd funds general 2024 Propprtv f71xnAkpmpnt e¥pen5es' Le881 and professional Sundry Repairs and Maintenance 18,724 4,701 179 11,899 11,327 23,604 24,226 THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Charitable ortivities 2025 2024 Grant funding of activities Isee note 81 Share of governance costs Isee note 91 216,964 5,408 150,707 5,153 222,372 155,860 Grants payable Z025 2024 Anne Frank Trust British Friend5 of United Hatzalah Israel Birmingham Museums Trust Chai-Lifeline Cancer Care Community Security Trust Friends of Cancer ResÈarch Friends of Life Guitars over Guns Greater Miami JÈwish FÈdÈrÈtion Heart Cells Foundation 1,000 2,000 48,000 6,250 s,000 1,025 3,931 1,980 39,786 44,937 40,002 s(NJ Hygiene Bank Jewish CarÈ JFS Development Charitable Trust Jewish Institute of National Security of America Myi5r3el Nightingale Hammerson Noble Connection Shift.MS Sinai Jewish Primary SchoDI ThÈ Tavi5tok Trust for Aphasia Togetherfor Short Lives WIZO.UK 11,875 12,5rM) 2,5CMI 3,965 3,750 2,000 1,800 2,000 1,000 iO,CKK> so,ocNJ 750 1.970 The Central British Fund for World Jewish Relief United Syriagogue Other 45,000 1,900 450 216,964 150,707 THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Support ¢t>st$ Support ¢o#s GtyernaA¢e cost5 2025 Support costs Governance C05t5 2024 Independent examination fees 5,408 5,408 5.153 5,153 5,408 5,408 5,153 5,153 Anèlysed between Charitable attivities 5,408 5,408 5,153 5,153 io Trustees None of the trustees. nor any persons connected with them. ￿ceiVed any remuneration from the charity during the currenr or prior year. None of the trustees was reimbursed for any expenses durin8 the current or prioryear. li Employees There We￿ no employees during the current or prior year. 12 Net 8alnslllossesl on Inve#ments Vnre51ricted funds general Unrestricted funds general 2025 2024 Revaluation of Investment properties Gain/l10551 on ￿le of investment properties 10,000 4,000 170,OCMII 14,000 170,ocKII 10- THE LYNNE AND NIGEL ROSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 13 Investment property 2025 Falr value At 6 April 2024 Additions Di5P05a15 Net 83ins or losses through fairvalue adjustments 2,445,CQI IOS,OCM) 140.OCM)I iO,OCMI At 5 April 2025 2,520,001 The properties were last revalued by the trustees on S April 2025 on 8n open market value basis. 14 Debtors 2025 2024 Amounts fallln8 due wlthln one year.. Rent receivable 2,687 2,133 15 Credltors: amounts falllng due wlthln one year 2025 2024 Other taxation and Social security Other creditors Accruals 1,663 41,596 4.550 1,972 12,104 4,333 47,809 18,409 16 Related party tran$adion$ Mr Nigel Ross and Mrs Lynne Ross are Direttors of Ambercroft Properties Limited, company number 01253145. During the year Énded 5 April 2025, the trust received a donation of £IO,00011024.. £10,000> from Ambercroft PropertiÈs Limrted. Mrs Lynne Ross is also a Trustee of the Tavistock Trust for Aphasia, charity registration number 1131611. During the year ended S April 2025, the trust made a donation of £2,LxxI12024.. £2,OCQI to The Tavistock Trust for Aphasia.