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 Inforn￿tion 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 CO￿Tate 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 Compan￿5 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 De￿mber 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 be￿een 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 indi￿ted 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, Se￿ICeS 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