REGISTERED COMPANY NUMBER: 08323417 (england and Wales> REGISTERED CHARITY NUMBER: 1163782 R•port of th• Truste•s and Flnancial StatThnts for tho Yr End•d 30th S•pt•mb•r 2024 ft>r 65 ROSES TRUST Walters & Company Certified Pfactlsing Accourrtants 1-3 High Street Great Dunmow Essex CM6 1UU
65 ROSES TRUST Corrtonts ol the Fln*ncFal SlatThnts for th• year ended 30th S•pt•mber 2024 Pag• R•port of the Truste•s Ind•p•ndent Examln•rfs Report Stal•rnnt of Finanolal Actlvitles Balan¢0 Sheet Notss to the Flnan¢lal Statements 8 tr) 10 Dotailed Statsm•nt of Flnanolal Actlvltlos 11
85 ROSESTRUST Report ofthe Trustses for the year onded 30th S•ptomber 2024 The Irust88s who are also directors of the charity for the purposes of me Companles Act 2006, present thair report with the financial statements of the charity for the year ended 30th September 2024. The trustees have adopted the provisions of Acccunting and Reportiry by Charities.. Slatement of RecommerKSed Practice applicable to charftSes preparlng their accounts in accordanGe with Financial Reporting Standard applicable in the UK arKI Republic of IrelarKI (FRS 102) (effective 1 January 2019). ObJ•ctiv•s and acliviti•s We have referrBd to the guidance contained in the Charity Commission's general guidance on public berfft when reviewing our aims and ¢Jbjectives and in planning our fLrture activities. The charity's objectives are speclfically rastrictod to tho folbwing: To assist 5ith or disadvantaged children. young adults and their families with cash, real propety and effects to assist with housing, education, holldays. medical costs, clothing. splalIst car8 and nursirvJ. Aahlev•m•nt and p•rfornianc• The tharlty did not rnceive any donations during the year. Financlal rnvl•w As a resutt of th8 charity not receNing any donations during th8 year there was a d8ficit of £1.426 ft>r the year. Futur• plans The charity plans contlnulng the 8Ctivitio8 and obJ8Ctives outlined al in the fothcoming years subjeGt to satlsfactory funding arraryements. Struthrn. govemanoo and Managl•nt Goveming docum•nt The organisation is a Gharitabl8 company Ilmlted by guarantee, incorporated on 10 D8c8mber 2012 and r8gist8r8d as a charity on 12 September 2013. The company was established under a M8morandurn of Association which established the objects and powers of the charitable company and is govemed under its Artide3 of Assoclation. In the everrt Df the Company being wounrj UP memb8rs ara required to contribute an amount not exceediro £10. Recrultrnent and appolntsnent of new trustees The directors of the company are also charity trustees for Ihe purpose of charity law. At the first annual general meeting all the directors must retire from office unless by Ihe dose of the meeting the members have failed to elect sufficiant directors to hold a quordte me81ing of the diroctt)rs. At each subsequent annual general meeting one-third of the directors or. if their number is not three or a multiple of three, the numtr nearesi to or-third, must retlre fonTt office. If thera Is only on8 director he or she must retire. Organlsatlonal structure The Irustees are responsible for the strategic direclion and policy of the charity. A scheme of delegation is in place and day to day responsibility for th8 provision of the services rest with the secretary. Induatlon and tralning of now trusts•8 Most tNstees are already familiar with the practical worf( of the Charity. Additionally, new trustees are invited to attend a series of training sessions to familiarise th8m$8fves with the charity and the context withln whlch It operates. Page 1
66 ROSES TRUST Report of the TA•S for the year endod 30th S•pt•mb•r 2024 R•f•rence and administratlve d•talls RegIStsr C¢)mpany number 08323417 (England and Wales) Reglstsred Charlty numb•r 1153782 Roqlsternd offloe 1-3 High Street Great Dunrnow Essex CM6 1UU Trust•es P J Wiight G A Whight Indepond•nt Examin•r Walters & Company Certified Pradsing Accountants 14 High sireet Great Dunmow Essex CM61UU Apprf4 by order of Ihe board of tntstees on 2nd April 2025 and signed on ils behalf by: ht - Trustee Page 2
Independent Examlnefs Report to the Trustees of 66 ROSES TRUST Independont oxaminerfs roport to the trusteos of 65 ROSES TRUST {Yho Compan> I report to the charity tTustses on my examination of the accounts of the Company for the y8ar ended 30th September 2024. R•sponslbilltl•3 and ba818 of r•port As the charitys tNstees of the Company (and also its directors for the purposes of company law) Y( are responsible for the pr8parats.on of the accounts in accordance with th8 requiraments of th8 Companies Act 2006 (Yh8 2006 Act>. Having 5atisfi8d myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carrr8d out urttI8r Section 145 of the Charities Act 2011 Cthe 2011 ACV). In carryirvJ out my examlnation I have foll0vd the Directions given by Ihe Charity Commission undèr Section 145(5) (b) ol the 2011 Act Ind•p•nd•nt •xamin•¢s stat•m•nt I hav8 completed my examination. I confimi that no matters ha4e corne to my attention in conneclion with the examination giving me cause to believe: accounting r8coTds were not kept in respecl of the Company as required by Secti¢Jn 386 of the 2006 Act; or the accounts do not accord with those records. or the accounts do not comply with th8 accounting requirernents of Section 396 of the 20l Act other than any requirement that the accounts give a true arKI fair view which is not a matter considared as part of an irKlependent examination,. or the accounts have not been Fx8parpd in accordarTh with the methods and prfncfjples of the statament of R8comm8nded Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance With the Financial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102)). I have no COnmS arKI have comè across no Otr matters in connection wfth the examination to wfftich attentlon should be drawn in this report in order to enabl8 a proper understsndirvJ of the accounts to be reached. K R Walters Walter5 & Company Certified PrnctisiThJ Accountarrts 1-3 High Street Great Dunmow Essex CM81UU 2nd A11 2025 Page 3
85 ROS&8 TRUST ststement of Financial Actlviti for the year ended 30th Septamb•r 2024 3019124 3019123 Unr•8trictsd Total fund funds Notss Incom• and ondowmonts frorn DOnlonS and legacies Exwndlture on RaislrKJ funds 800 456 Charltable aotivlti Ukraine Donation 1.000 Total 1,456 NEf INCOMEI(EXPENDITURE) (600) (1.426) Rocgnclllatlon ol funds Total fvnds brought fward 72.293 73,719 Total funds carrl•d forward 71.693 72,293 The notes forn part ofthese financial Statements Page 4
65 ROSES TRUST Balance Sheet 30th sePtnber 2024 301W24 3019123 Unrestrlcted Total fund funds Notss Curr•nt ass•ts ash at bank 74.193 74,793 Creditor3 Amounts falling due wlthin one year (2.500) (2,500) Net current asséts 71,693 72.293 Total ass•ts1gss ¢urrnnt Ilabilitios 71.693 72,293 NEf ASSETS 71.893 72,293 Funds Unrestricted funds 71.893 72,293 Total funds 71.693 72,293 The chaTitable company is entitled lo exemption from audit under Section 477 of the Compani8S Act 2006 for tha year ended 30th S8Ptamber 2024. The mambers have not Tequired the cornpany to obtaln an audit of Ils financial statements for the year ended 30th Septsmbar 2024 in accordance with Section 476 of the Companies Act 2006. The tnJst6ès ackno4fyledg8 their responsibilities for (a) ensuring thst th8 charitable company keeps accounting record5 thst comply with Section8 38e and $87 of th8 Companies Act 2006 and (b) preparing financial statsments which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year arKI of tts surplus or deficit for each financial year in accordance with the requiremenls of Sections 394 and 395 and which other¢4ise comply with the r8quirements of the Companles Act 2(X)6 relatlng to financial statements. so far as applicab18 to the charitable company. These financial statements have been prepared in accordan with the provisions applicable to charitable companies subj'ect to the small companies regime. The finandal statements were approved by the Board of Trustees and authorised for issue on 2nd ri12025 and wern signed on its behalf by.. ht - Trustee Th8 notes fomi part of these financial statem8nts Page 5
66 ROSES TRUST Notes to tho Flnandal Statements for tho year endad 30th Sfrptemhr 2024 Accountlng polloles Basis of preparfng tho Ilnanclal statements The firnCial statements of lh8 charitable company, whith is a public berpfft entity urKl8r FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statemenl of Recommended Practice applicable to charities preparing their accounts in accordan with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effectlve 1 January 2019),, Financial Reporting Standard 102 'Th8 Financial Reporting Standartl applicable in the UK and Republic of IrelarKf arKI the Companies Act 2(. Th8 financial ststements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities On the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. EXpondIr• Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation ommitting the charity to that 8XP8nditure, it is probable that a transfer of economic benefits will be required in settM8rrt and the amounl of the obligation can be measured reliab. Expendrture is accounted for on an accnJal8 basis and has been classified under headings that aggregate all cost related to thé category. Where costs Gannot be directly attrlbuted to particular headiws they have been allocated to activities on a basis consistent with the use of resources. Taxaiion The charity is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can b8 used In accordance with the chantable objectives at the discr81ion of tha trustees. Restrictsd funds can only be used for parti¢xlar restricted purposes within the obkcts of the charity. Restiictions arlse when specified by donor or when furKls are raised for particular restricted wrposes. Further explanation of the nature and purpose of each fund is InLed in the notes to Ihe financial statements. Page 6 ontinued...
65 ROSES TRUST Notes to th• FlnanGlal Stat•m•nts - ¢ontlnued tor the year ended 30th S•ptsmb•r 2024 Trust0. rffiiuneratlon and benofft5 There vftre no trustees, remuneration or other b8n8ffts for the year ended 30th Septsmber 2024 nor for the year ended 30th September 2023. Trust•es' •xponses There were no trustees, expenses paid for the year and1 30th September 2024 nor for the year ended 30th September 2023. Comparntlves lor th• stat•m•nt of financial adiviti•s Unr•strfct fund Income and ondowmgnts from Donations and legacies 30 Exp•nditur• on Raising funds 458 Charitablo actlvltl•s Ukrain8 Donation 1,000 Total 1,456 NET INCOMEI(EXPENDITURE) (1,426) Ra¢on¢lllatlon of funds Total funds brought forward 73.719 Total funds carrled forward 72,293 Page 7 continu8d...
65 ROSES TRUST Notes to th Flnanolal Statements - contlnued for the year endad 30th S•ptembor 2024 Credltors: amounts falling du• wlthln ono year 3019124 3019123 Accrued expenses 2,500 2,500 Movèment in funds Net At 1110123 At 30M24 In funds Unr•stri¢tèd fvnds Gewal fund 72,293 (eoo) 71,693 TOTAL FUNDS 72.293 (eoD) 71.893 Net movernent in funds, induded in the above are as follows., Incomlng R•sourc•s Movement rnsourc•s expended in fund$ Unrnstrlct•d funds General fvnd (800) (eoo) TOTAL FUNDS (eoo) (600) Comparatlv•s for movement In funds At 1110r22 movom•nt in funds At 3018123 Unrestrlcted funds Gera1 fund 73,719 (1,426) TOTAL FUNDS 73.719 (1,428) 72,293 Page 8 continued...
e5 ROSE8 TRUST Nots$ ta the Flnanclal Statements - oontinuod for the year ended 30th September 2024 Alovem•nt In funds- conllnuod Comparative net rnovamenÉ in funds, induded in the above are as follows.. Incoming R•SoU•S Mov•rnont rosources expendod In funds Unrnstrlcted funds General fund 30 (1,456) (1,426) TOTAL FUNDS 30 (1,456) (1,428) A current year 12 months and prior year 12 months combined position is as follows: N•t movwnent In funds At 1110122 At 3019124 UnrostriGt•d funds General fund 73,719 (2,026) 71.693 TOTAL FUNDS 73,719 {2,026) 71,893 A *>JtTent year 12 months and Fxior year 12 months combined net movement in funds, included in tha above are as follovts: In¢omlng Re•ourc•s PAovom•nt r•SoU8 oxp•nd•d In funds Unrnstrictsd funds General fund (2.056) (2,028) TOTAL FUNDS (2,056) (2,026) Page 9 continued...
66 ROSES TRUST Notes to tho Flnanelal Staternents - continu•d lor the year and 30th Soptemb•r 2024 Relat•d party dl8c108ure8 There were no related party transactlons for the year endsd 3 September 2024. Page10
66 ROSES TRUST Detallod Statèm•nt ol Flnanclal Aotlvfti•s lor th• year ended 30th S•pt•rnber 2024 30M124 3019123 Incomo and •ndovKnents Donatlons and lepacles Gifts 30 Total incoming r•soure•s 30 Expendlture Charitable activiti•s Charitable adivity - Donatlon 1,000 Support costs Qovornan oosts Accountancy and legal fees Total resounx expended 1,456 Net expendlturn (Ko) (1,426) This page does not fonn part of the statutory financial statements Page 11