WHITE ROCK ROSE LIMITED IA company limitèd by guarnnt••l REPORT & UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENOED 31ST DECEMBER 2024 Company Numbèr: 07680244 England & Wales Charity Number. 1145186 England & W•l•8
WHITE ROCK ROSE LIMITED CONTENTS Company and Charity Inforntion 34 Trustees. Report stst•m•nt of Flnan¢l•l A¢tlvltl•$ Balance Shwt Notes to the Financial Statements 10 Independent Examinerfs Report
WHITE ROCK ROSE LIMITED COMPANY AND CHARrrY INFORMATION Charity Name While Rock Rose Limited lor WRR Chantyl Dale of Incorporation 23rd June 2011 Company Number 07680244 (England & Wales) Charity Registration Number 1145186 (England & Waksl Registe on 21st December 2011 HMRC Charity Registration Number EW10538 Re9lStered Office Bridge House Ashley Road Hale Allrincham WA14 2UT Directorsffwslees Marbn Peters Richard George Norris Cromwell Corporate Protector Limited The Directors of the Company are ils Trustees lor Ihg purposes of charity law. and throughout the Report and Fin8nrJal Slalemenls they are referred lo inlerchangeabty as Directors or Trustees. Members Marlin Peters Richard George Norris Cromwell COTate Protector Limited Independent Examiner Jefftey Lishak FCA Jones 8 Partners Limited Chartered Accountants Buller House 177- 178 Tottenham Court Roa¢J London W1T 7AF
WHITE ROCK ROSE LIMITED TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 Structure. Governance and Managemenl Thè Charity is a Company limited by guarantee. with no share capital. It was established undèr a Memorandum of Assoaation which defined rts objects and powers as a charitable company. Govemance is regul8ted by the Compan5 Arb"cle5 of Asso(x"atitin. The Trustees, who are also the Dire¢lors fry the purwises of company law, $eNng durin9 the year and subsequentty were.. Martin Peters Richard George Norris Cromwell Corporale Prol&cior Limiled The two individual rnember5 rewe5enl the Board of Trustees. manage and administer the Charity. None of the Trustees have any beneficial inlerest in the Company. The indiwdual Trustees. together with Cromwell Corporate Protector Limrted each guafanlees lo contribute £1 in the 8vant ol a wnding up. Rl*k Managtrmtrnt The Trustees have assessed the major risks lo vthich the Chanty is exposed, and are satisfied that proc8dur•s are in pla¢$ to mitigate exposure to thèm. Obl•¢llv•• The Trustees. during the year lo 31st Dember 2024. Continued lo eonfine the Charitys activitiès to encouraging, supporting, finanang and organising others in lurthering the Charitls objectives as originally staled principally in Israel. that ol promotsng and directly assisting disadvantaged young people. This is being achieveil by arranging for the Company's principal benefactor to fund the ongoing activities direclly. The Finanual Statements for the year reflect the Companls position as a funding conduil beeen Ihe principal benefactor and the beneficiaries. 8 procedure brought about by the lack of inlemalional banking facilities believed lo be consequent on the circumstances of the 18gal case against the Company's fomier Israeli Accountant. Appointment of Trustees Any person admitted to be a Trustee shall, al the same lime, become a member of the Company. Only persons over the age of 16 may be admilteil lo membership. Every applicant lo mèmbership has to sign an application fom and provide such other infomiation or evidènc6 as the Trustees may require. Mernbership applications are determined within months of Ihe dale on which they weie received by the Company. The Truslees have absolute discretion lo accept or reject any application and need nol give their reasons for doing so. Publi¢ Benefit The Trustees have taken a¢count of the slatulory reporting introduced in 2009 10 illustrate how in practice the ath'vities of the Charily meet Ihe legal public benefit requirement. In this respect, the Tru5tee5 have noted and paid due regard to Ihe Charrty Cornmission's stslulory guidance that is relevant to the Charity's mission, and have indited in this report the activities which illustrate how the Charitys work fvifills its mission and the significant benefits it brings lo individuals and communilE5 in poverty areas. irtespective of Iheir race. religion or creed.
WHITE ROCK ROSE LIMITED TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 {continuedl Achi8vèm&nts and Pèrfornianc• Athou9h thè Charity's activities were inhibited during the year. it operated satisfactority in accord with its reduced objectives as set out in Objeclives above. The Trustees have paid due regard to guidance issued by Ihe Charity Cornmission in deciding what activities the Charty should undertake. Wherever possible. it involves others. 50 that the Charity's funds arè leveraged by monèy, SeICeS and pèrsonnèl provided by others,wlh the burden of risk, safeguarding and similar issues entirety bome by such others. Flnanclal R•vl•w The Statemènt of Financial Acliwties lor Ihe year 1$ sel out on Page 5 of thi$ Report and Finanaal Statements. During the year, the legal case against the lormer Israeli Accountant was settled and over 90% of the inappropriately retained fund5 recovered and his daims against the Charity extinguished,. these funds have been passed as a donation on lo Kid Im Alid Tov in fvrtherancfr ol the Charity's stated objectives. The Trustees are salisfie<l with the result and the yeaf eryl finanual position. Re8&rv•8 Pollcy 11 remains the policy of the Charity that the pfoportion of its lunds, which have been designated for a sp&¢ific use should be maintained at a level equivalent lo between three and six months of future anticipated expenditure. The Truslees consider that reserves at this level will ensure that, in the event of 8 significant drop in funding. Ihey will be able lo continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. Independent EMInOr For the financial year ende(131s1 December 2024. the Company was enlrtled lo exemption from audit under S477 of th8 Companies Aci 2006, lating to small companies, and the Members have not required the Cornpany lo obtain an audit of ils accounts lor the year in question in accordance with S476 of that Act. The Company, being a Registèred Charity, is rèquired to havè its acunIS indepèndently examined by virtue of rts annual income being in excess of £25,000. The Trustees have appointed Jeffrey Lishak ol Jones & Partneis Limited. charte Accounlanls. lo carry out this funciion for the year ended 31st December 2024. Signed on behalf of thè Trustees by Rlchard G Norrls TrusleelDiieclor Dated . 2025
WHITE ROCK ROSE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Incoming resources Donations 190.674 276.756 Expenditure Expenditure on Chartsble activities {305,2501 1274,5531 Govèman¢e and administration costs Deficit on settlement of action again$1 former Israeli Accountant 12,6531 12,203) 18.2671 Total expondlture 1316.1701 276.7561 R••ult for th• yèar (125.4951 Balance brought forward 125.495 125.495 Balance carrfed forward (£0 £125,495 The above Statement of Financial Activities complies with the requ1MentS of an Income and Expenditure Account under the Compat)ies Act 2006 The Slalemenl includes all gains and losses feco9nise(l in the year. All InMe and expenditure relate lo continuing adivilies The note5 on page5 7 to 9 form part of these finanaal slatemenls.
WHITE ROCK ROSE LIMITED BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 Notes Curr•nt ass•ts Debtors 21,600 129.798 Curr•nt Ilabllltl•s Creditors tslling due within one year 10 121,6001 14,303} Net assets £0 £125.495 Th• funds ol th• Charlty Unrestricted funds 125,495 Total Charfty lund8 £0 £125.495 These linanual statements have been prepared in ardan with the provisions applicable to companies subjecl lo the small companies. regim8. For the financial year ended 31 Oe¢ember 2024. Ihe ¢harrt8ble Company is enlilled lo exemplion from audrt under Section 477 01 the Companies Act 2006. No member of thè charitable company has deposited a notice, pursuanl to section 476. requiring an audil ol these finanrAal statements under the requirements of the Companies Acl 2W6. Th8 trusteès acknowledge their rèsponsibilities lor énsuring that the charitable company kèèps propèr accounting records which comply wilh seclion 386 of the Companies Ac12006 and preparing financAal slalemenls which give a true and fair wew ol the slate of affairs of the Charrtable MpanY as al the end of the finanaal year and ol its surplus or defficit for the finanaal year in accordance with the requirements of section 394 and 395, and which otherwise comply wilh the quIreMentS of the Companies Acl 20[ relating lo accounts. so far as applicable lo Ihe charitable company. Those finanual statemènts were approved by the Board of Trustees and authorised for issue on and were signed on their behalf by.. Martln P¥ Twstee/DlClor The notes on pages 7 to 9 form part of these financial slatements.
WHITE ROCK ROSE LIMITED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 11 A¢¢ounting policies The principal accounting policies adopted in the preparation of these financial statements are as follows:_ Al 8asis of preparation These financial statements have been prepared in accordance wrth AoUntIng and Reporting by Charities". Statemènt ol Recommendèd Practice applicable to charities prèparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffecljve 1 January 20191 - (Charities SORPIFRS 1021. the Finanoal Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 and the Companies Act 20C6. A summary of the principal accounting polirjes. which have been applied cnn51Stently, except where noted, is set out below. Bl Going concern The Directors have, al the lime of 8pprovin9 the finanoal slalements. a fe8sonable expectslion that the Company has adequale resources lo continue in operalional existence for the foreseeable lulure. Thus. they continue lo adopt the going concern basis of accounting in preparing the finanryal slalemenls. Cl Incoming fvsources Incoming SourCeS are included in Ihg Slalemenl of financial aclivrties when the company becomes entitled to the resources DI Charitabl8 8xp8nditurg Charitable expenditure is accounted for on an a¢crual$ basis. El For9ign eun¥ncigs These finanaal statèmants are denominated in Sterling, a$, in tho opinion of the Diractors, this is appropriate lo the Cornpanys charilable activilies and rts United Kingdom registration5. Transactions in fol9n currencies are recorded at Ihe rale of exchange al the end of the fi'nanaal year. Monetary assets and liabilities denominated in fOIgn currencies at the balance sheet date are reported al the rales ol exchange prevailing at that date. Gain5 and losses arising on Iranslalion, and on Iransadions during the yeai. a recorded In the slalemenl of fi'nanaal activities. Fl Fund 8ccounling Unreslricled funds are available to spend on aclivities Ihal further any of the purposes of the Charity. Dèsignated funds arè restricted funds of the Charity. which the Tnjstèes havè decided, under their discretionary powers, to set aside for a specific purpose. Restricted funds are donation5 which a donor has specified are lo be solely used for particul81 aiea of the Charitys work or for specific projects being undertaken by the Charity. Gl Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deFM)sits, and other 5hort-lerm highly liquid investments that are readily converlitAe to 3 knv*n amount of cash and arè subjèct to an insignifunt risk of change in value. HI Debtors Debtor5 are amounts owed to the Charity. They are measured on Ihe basis of their recoverable atnount.
WHITE ROCK ROSE LIMITED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 ICONTINUEDI 11 Accounting policies Icont'dl Creditor3 Creditors are amounts owed by the Charity. They are measured at the amount that the charity expec15 to have lo pay 10 settle the debt. Jl Status The Charity is a company limrted by guarantee. The members of the Company are named on Page 2. In the event ol the Charity being wound up. the li8.1fy in respect of the guarantee is limited lo £1 per member of the Charily. 21 Taxation The Charity is exempt from UK corporation lax on ils charrtable activities 2024 2023 31 Incoming Rosourc Donations £190,674 £276.756 41 Expendltur• Charitable activities Donations made 305.250 £305,250 274.553 £274.553 G0manCe and administralion costs Accounlan¢y lee$- Independgnt Examine¢$ fee$ 2,653 £2.653 2.203 £2.203 51 Anal19 of donatSons made The Charity does not make grants lo indiwdua15. All grants are fflade lo the followng insts'lutions in furtherance of WRR'S charitable aims. 2024 2023 OwaftAsalN"ons rnceivtng support Kid Im Atid Tov Ilsraell British Friends of United Hattalah of Israel 305,250 117,686 156.887 £274.553 £305,250 61 Emplo0$ The Charity has no employees 12023.. Nill, however. indirectty through a local service company. il has the services of one professional chanty worker in 15rael. Payment 15 rnel by the principal Benefactor direcdy. 71 Tru#tèe$ Neilhef of the Trustees (nor any person5 direcyy connected with them) received any remuneration or expenses ftom the Company during the ye3r12023". £Nill.
WHITE ROCK ROSE LIMITED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 ICONTINUEDI 81 Current Assets 2024 2023 Debtor Donations receivatle 127.595 2.203 £129.798 21,600 £21.600 91 Oth?r Expenditurg Certain small items of adminslrabve expendrture were paid on behalf of the Charity by 2024 2023 101 Crndltors: amounts fallSng due wlthln on• y•ar Accruals £21.600 £4.303 111 Fund A¢¢ountlng Al 31 $1 December 2024 land 31st December 20231 all funds held were unrestricted general funds lo support the Charity's objectives and are held al the discretion of the Trusl&es 121 Related Party TranSaCOn No transactions belween the Charity and related parties have occurred in the year olhfrr than as noted in these financial stalemenls and routine Iransactions pursuant to the Charitys norm81 aclivrties. sep8r8le di5dosure of which is not required. Martin Peters and Richard Norris are Oireclors and Martin Pel&rs is the sole shareholder of Cromwell Corporate Protector Limiled, which is a member ol ihe Cornpany.
WHITE ROCK ROSE LIMITED INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 I report on the financial statemen15 of Whrie Rock Rose Limited (the companll 'the charty'l for the year ended 31 De¢ember 2024 s&t out on paye$ 5 10 9. R•Sp¢¢¥¥ ro$pon$ibiliti•s of Trust••s and Indèp•ndèrtt Examln•r The Trustees. who are also the directors ol the wmpany for Ihe purposes of company law, are sponsible for the preparation of the financial statements. The Trustees consider that an audrt is not required for this year under section 144{2} of the Charities Act 2011 (the Act) and that an independent tsxaminatson is ntreded. Having salisffi&d myself that the Company is rKJI subjefA lo audit under charity or company law and is eligible lor independent examination, il is my responsibility to.. examine the f1nanaal slalemenls under seclion 145 of the Act., follow the procedures laid down in the General Direclions given by the Charity Commission under section 14515llbl of the Act., state whether particular matters have come to my attention. 8asl8 of Ind•pendent •xamlnerfs slat•m•nt My exarnination was carried oul in accordance with the General Directions given by the Charities Commissioners. An examination includes a vIeW of the 8ccounling records kept by the ch8rily and a comparison of th8 accounls prèsèntèd with thosè records. It also includes consideration ol any unusual iterns or disclosures in the accounts and seeking explanations frorn you as trustees concerning any such mallers. The procedu$ undertaken do not provide all the evidence that would be required in an audit and. consequenijy, no opinion is given as to whether the financial staternents present a 'true and fair view, and the report is limited to those matters set out in (he 5talement below. Ind•pendent examln•rfs Ststement In connection with my examination, no matter ha$ come to my alt&nlion'. which gives me reasonable cause to believe that in any material respect Ihe requirements.. 181 lo keep a¢ts)unling records in 8Ce4)rdance th sèction 386 ofthe Companies Ad 2CX)6., Ibl lo prepare financial slalemenls which accord with the accounting cOrdS comply with the accounting requirèmènts ol section 396 01 the Companies Act 2006 and Mth the methods and principles of the Stalemenl of Recommended Practice.. Accounting and Reporting by Charities have nol been met.. or to which, in my opinion, altèntion should drawn in order to enable a propar undèrstanding ol the accounts to bè reached. J•ffrey LSshak FCA Jones & Partners Limited Chartered Accountants & Statutory Auditors 2nd Floor, Butler House 177-178 Tottenharn Court Road London W1T 7AF Dale". 10