Chartty Rogi•trntion Ilo. 1161777 THE ROSENBERG MEMORIAL FUND ANNUAL REPORT AND FINANCIAL sfATEIIENTS For th• y•ar to 5 ￿rI1 2025 THE ROSENBERQ MEMORIAL FUND LEGAL AND ADM￿lsTRATIvE INFORAIATK)N S•lUor. Ponolopo Dorcthy RO￿n￿ry (d￿8￿1) Gov•mlng In•trurn•nl: Will dated 17 Saptombw 2CQ2 was proved on 16 Jun8 2014 R•gl8trntlon: Regl8trath)n *llh Ch¥ky Commi58lon was approvgd on 21 May 2015 Ch•rlty R•gl¥tratlon No: 1161777 Tru•t•••: Mr Pla1t1￿ Dwgk Pkfft* Mlss Franc88 Chr18110 Ch•rfty ￿dI￿•. Vthrfa House 1-3 Cdlggg HMI London EC4R 2RA Admlnl•trntor•: Mkldlorfgg Swrfcoj Umlted cjo The Hedl6y Fourthtk)n 14 C• Hlll LwKJon EC4R 2RA Ind•pond•nl Examln•r: Mr Ashok Shth Ash & Co kn￿ntsnts Lknlled 7 IAloodtserry C￿￿e CroNlon CRO SPR tm•nt Manty•rn: Rothsthld ICI} Limiled st Julran's Cowt St Julkgn's Avenue St Peter Port Guerrffj•yGY1 W THE ROSENBERG MEMORIAL FUND TRUSTEES. REPORT FOR TrIE YEAR ENDED S APRIL 2025 Tho Tru8lea8 presonl their Roport for thg to 5 April 2025. The h£c￿nts have been prwwed kn accordance with tho acLY)UntW￿ potsc￿ sot OLrt in Note 1 to the Accounts and compty wilh the Charty$ goN*mlng Instrument. th8 Charllles Acl 2011 aThJ" N￿Ount1 and R8porling by Charltl88": Ststement of Reccthm8n(18d PraGtse op￿Icabl8 to charbtles preparwig theSr Accounts in acciydance wilh the Financi81 Rewbng Standard applcablg in tho UK and Republic I Ir6l¢nd IFRS 102) (¢ffèctlvè 1 J￿uary 20191. ObJ•ctlv•s •nd Athltl•8 for th• Publk B•n•fft Th8 oblacts ofthe Charlty alhx th8 Trust￿5 d￿l￿)n lo ap￿ Income and Ca￿t￿ of th• Charfty for 8uch charlthble wrpose6 as they Irryn Wmg to Ome d￿ld0. The TnJ8tees corrfrni that Ihey have rof8rr8d to th? guhJanc• ¢>)rrtaiMd Sn the Chadty Commlssbn ganoral guldanco on publlc bon￿1 vthen reviewing tho Ch8niY8 8im8 and ot48cl￿¥ aTrJ kn planning futuffj actsvths aTrJ settbng the donabon8 pLlicy for the per¥xl. The Charlty cathgs out thg¥e ￿l￿Gts by maklng ¢knn8lh)ns lo vaiK)u$ r*￿star•I charlll88 for tho bendlt of students sludwng In the of medlclne, archttecturg and tha appl*d arts and pner81 tharlt8b purp0888 for the advan¢ement ol or $8vlng lives, educallon and traknhg. Aehl•v•m•nt* and P•flofflMnc• It is the aim of Ihe Tw$l898 lo dl8lrllMrte 8nnu81ty the total ints)me of the Charrfy. A8 por Nol• 10 to PucAmts there are ongoing fL￿￿ong c4)mmltmonts. Fln•nel•l R•vl•w At ond ￿ total F￿d was Y￿•d al £6.328.935 {2024- £8,389.836> The TNsl's Income c￿￿1¥￿ of investment incomo *tkh b dstritwted tr) various tharitable organlsolk)n$ 01 ts Tru81888' d18crnIkn. It18 Ihe aim of th8 Trustee8 to malntyn a baLanc8 b8tsmn investments for c8pl81 grtyvth and incune generauon and to maintain reoddy accessble cash funds suffiuenl lo fuThd antknpated thaiitab donat￿n$ over the comlng w. Tho Charws r•8epM we primarily invètstments are h6bJ to 9￿￿1810 income arHI caphal grry￿h. provld8 funds to make grants in ac￿rdar￿* vith the thritys objectives. Free cash reserve8 total £252,64112024 - £477,884} al th8 arKI trustee5 ￿￿sider that thg ol reserves is appropriats lo meol Gurronl ac11￿106. Further re6ep4es con be met the fNuid•th)n of a wop(thn of Investmonts bf mqutred. Th& Truslegs h8vg assessed the major risks to whK* the is exposed aTrJ are satiif*d thot $￿emS arn in pl￿ lo mltigato exposure to Ihe ma*r rtsks. Investment p8rfomi8rt818 montt(Thl rngularty by the lJustees ind￿lI¥J irya we8entatk)ns by Investment managers. The Tru8tees cOn￿der thot the spread of rlsk ¥thilhin Ihe wweslmeni p(Ydolo Lq ¥•T15 pla¢ed to the cuffenl finanGial Un￿￿ntieS. The Trustees aim. on yaar. to d￿tsIt￿te all wlabk irKthne aft•r eypensos to charitaL48 Lyganlsalions, THE ROSENBERG IIEMORIAL FUND TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2025 Struclurn. G0￿mance and Managth*nt The Rosenberg fv*morfal FurMI was establlshed ￿)der the lern$ of the WIN 17 September 2(x)2 of P•MIDPe Dcmthy Rosenbwg died 2 M*ch 2014 and ly a r*ternd Charfty number 1161777. The Trustees wtK¥ Sep￿d durlr#J the p8rk#l ¥thWe: Mr Matthew Dorek Pknbjs MIS8 France8 Cms The poN￿r of •pwntlng n8w Tru8ta8# Is In th8 surthng cf cc￿tinU￿￿ TruBtee8 In accordanco v*th S36 Trusteg Art 1925. TnJsteeg arè 8è18cted regord to both thelr general èxperienco. and iheir knowledge and •xpwienc8 of the obj'ects of the tru$l. arKI any persLY)al kn(hthdge of the ex13tlng Trustse8. Advico B 8vailpbl8 lo Trustms from th8 Charity Comm188kn. Al Trustees gfvg ofth8lr Ilmg freety no tru8te8 rgrnunerntm￿ was pald Sn Ihg >w. Truste8s arn roqulr¢d lo ￿18￿0￿ ￿ rel￿nt h)t8rn8ts 8rM1 to vAlh¢*vw from dgc4BiOrn a Ixnfllct of knterost ad8e8. RothschHd are the Trusfs lnve8trn￿ ath418er*trn bri8f Is to **Asé and manage an Investment porifolio on a disuetionary tsa￿$. Investments h•ld at 5 April 2025 wuired In ac(￿dance the of the Tru81488. The Investment ¥tratggy l¥ 8gt by thg Trustgoy And 80 the Trustw hava fogard tr> the Incomg requir8menl8, the risk profile and thwr inveslmenl mana99rfs viffw of market PmF*Ct8 In tho medlum St•t•m•nt of Tru•t•••' R••pon•lblllll•• Th8 Trust805 are responslbl8 for prnp8dng tho Twsloes. Report and Accounts in accordanc* % 8pplicabl8 law and United Kiffjdom Accountsng Standards {Untt8d Ifjngd￿ Ger*ralty A¢cept8d AccountanGy Praclicel. The Law applicab￿ lo charities In England Walès r￿u￿•S the Trustees to propBr• Accounts each finan¢ial wthich give a trug aThJ fair view of the stale of affairs of th8 Cha￿ty and of Inccttnlng re80urce8 and aptAkatth of resowcw of lh8 Chavityfor that pedod. In prepgring the80 Aw)unts. the Trustees arg roquired to:. ' 891g¢t suitablè aetA)unlwvJ polici8s aThJ appty th•m comistenty. observe the methods and ￿nCl￿•S In the Charibe8 SORP: make judggments and fjsOmatos that arg reas(Thk￿e and p￿dent. ' stste whether applicable accounti￿a $tandwd$ have been foll(￿%￿d. subject lo any mater581 departure8 dlscknsed 8ThJ expkkned In the A￿nts. ' prepare the Ac¢ounts on the basls unl8ss it. Inoppropriale to presume Ihat the Charlty*ryN eontsnue In operakn. THE ROSENBERG MEIIORIAL FUND TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Trustees a￿ resFrf)nsiblè for keep¥￿ 5￿fi￿nt accounllry reco￿ ￿lch dlsdose wlih reasonable accuracy al any lime financlal p0s￿On of the Chwlty and to enablo t￿) to en$urg that the Accounts crrfnpty ¥￿th ts Charitigs A£t 2011, the Charity (A￿nts and ROF*￿￿) R8guLations 2008 and the provisrons of th8 TN$t Deed. They are abo resp(￿Ible for safeguardng the ass•ts of thè Charity ar# hence for tsklng raasonab￿ steps for the prevenlon and detth offraMI and ott)&r Iwularitigs. Tho Trustees. Report was approbwd by 808rd of Tru¥t¢es. Approved by th• TnMl••4 and •lgn•d on th•lr b•hall ty: Mr Matth Pwibjs Miss FrarKeB Chris 2025 Jndependent eumlDer'8 report to the Trustees of The Rosenberg Memorlal Fund l TerA)rt on the accounts of the Tru￿ for the year ended 5 April 2025. which are set out on th¢ attached pages 6 to 15. Respectlve responsibilltles oltru$tee$ examiner The charity's truste￿ are rwonsiblc for th¢ preparation of the aco)unts in accordance with the Tequircments of the Charities Act 2011. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is nethd. It is my resw)nsibility to examine the accounts und¢r section 145 of the 201 l ACL to follow the procedu￿8 laid down in th¢ G¢n¢ral Directions ven by the Charity Conllnission under section 145{5Mb) of the 2011 ACL and to stste whether particular mattcrs have come to my attention. Basis of independent examiner's report My examination was caTricd out in accordance with General Directions given by ihe Charity Commission. An examination includcs a review of the accounting records kepl by the charity and a comparison of the accounts prcs¢ni¢d with those records. It also includes consideration ofany unusual items or disclosures in the accounts and seeking explanJtions from you as trustees concerning any such matters. The proccdures undertaken do not provide a]1 thc evidence that would be required in an audit, and consequcntly no opinion is giv￿ &$ to whether the accounts present a'ttrue and fair view" and the rcport is limited io those matters sel out in thc statement below. nd¢p¢ndent examiner'$ 8t*tement In the course ot my examination, no matter Iw come to my attention: which give5 me reasonable Cause to bclicve that in any material respect the requircments: to keep accounting records in accordanc¢ with se¢tion 130 of the 2011 Act: and to prepare accounts which a¢o)rd with the accounting records arAd comply with the accounting requirements of the 2011 Act. havc not been MCL or to whicm in my opinion, attention should be drawn in ord¢r lo enable a proper understanding of the accounts to be reached. A Shah, Chartered Accountant Ash & Co Accountants Ltd 7 Woodbury Close Croydon CRO SPR Date: 18 Deccmb¢r 2025 ThE ROSENBERG MEMORIAL FUND STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDrruRE Accoupir For th• y••r •nd•d 5 Aprll 2025 2025 2024 Incom• Exp•ndllur• Incom• from: In¥￿tMants 48,827 48.827 26,558 26,558 exp•ndltur• on: Ral8ln fvnd Invastrn8nt Manaoemanl Fee¥ Bank Charyes 337 1,321 Charitablo actlwt￿6 Grants vla fundlng commltmonts: Pthous Fundlng Ciwnmltrn•nt Nth¥ Fundln9 Commttment 10 {42,809} 103,483 10 246,846 other Ex ditur• Macfarlanes Fees 16 m￿th8 to Sop 231 Mlddlerlgg S•Mc•8 F￿8 (12 months to Apr 2025} A8h & Co AccthA)tsnts (to S 2S) 11,897 1,920 255,183 78,831 Not gains {b¥se¥) i)n in¥e5trnonts 145,435 678,718 mov•m•nt In lund• Fund balances at S fvwS12024 160.9011 6,389,836 626.444 5.763.392 Fund balanw4 •t 5 Aprll 2025 6.328.935 6,389.8 All fund* IM unr•strict•d THE ROSENBERG pAEMOR￿L FUND BALANCE SHEEf at 5 Aprll 2tr25 2025 2024 Investments 6.170.950 S,982,610 6,170,950 S,982,610 Cuff•nl A•Mts Cash at bank and in hand 414234 414,234 512,629 512.629 Curr•nt U•bllltl•• Amounts fallkng due w51th one 10 (161,593) (34.745> N•t Gurr•nt as••t• 252,641 Lang T•mi LbabllMI•• Credltors: Amounts falllng after ono 10 (94.6561 (70,658} Totsl ••••t• l••• ¢urmt114bllhl•¥ 8.328.935 6.389.836 Unr••trlcl•d Fyn•J• 6 328 935 6,389,836 The Accwnts th*re 8pproN*d by Ihg Trustees on Mr Malth8 nlu8 Fran¢x Christio Trust•• THE ROSENBERG MEMORIAL FUND NOTES TO THE FINANCIAL sfATEMENTS for th• yw to 5 Aprll 2025 1. A¢countlng Polici•s Charlty Infomiallon The Ros8nb8Tg Mgmorial Fund vrds establthod under the twms of thg Will datod 17 S8pt8mber 2002 of Pen8lop6 Dc*othy Rosènberg who dwl ￿ 2 Marth 2014 arKI is a rtgistered Charlty, numbor 1161777. 1.1 Accountlng Conv•nllon These Accounts have been p￿parth￿ In accc¢dance FRS 102 Yho FIn9n￿OI Reporting Standwd applicable in Ihe UK and Republic of Irgland. {FRS 10r). "Accounting Reporting by Ch8rit*s' the statement of Racommended Practin Char[t￿ FRS 102 tho Chaiknos Act 2011 and UK Gentsr81ty pled Aco)unlw Prn¢t￿. The Chadty18 a Publk Bon•fft Entity as defined by FRS 102. The Accounts are prepared In stthlrwj. is tho fufyknal (#Jrnncy of the charty. The Accounts hav8 b6on pryarod uTrJer ts h￿t(￿k￿ cost convenlk#). The W￿r￿p01 aCcO￿ting polic adopted are set out below. 12 Qolng Conc•m Al the time ol approving thè A￿nts, thg Trusteos have 4 rgasonabfè oxpectation that the Charity has adgquate resourc85 to ￿ntInue In operatlonal ex16tence for the lornseeable future. Thus tho Trustg9S' cmlinue to adept thè wng conc•m b￿15 of aco)unting in prgparlng Account¥. 1.3 Charltabh Fund• Unreslrlcted fund8 are avallabla for UB8 at tho dlscmtkn of thè Tru8tee8 In fwthernnco olth•ir charrlable oblath$ unl086 the furKl8 have b•en d8e*ted fty otsr pwpo886. 1.4 InGomlng R•souwH• Inwme i¥ reGogni8ed 7knn ts ¢har*y18 18galy entllled to tt aftor any Porf(￿￿KO condllknn$ have been mol, amounts can be M￿ur•j rdiabty, rt is wobable th8t income V*ill ba received. Tho Charfty Is a registered Ch8rlty and Iherefom IB notloble for Income tax or c*xporatkm tax on kKoma dgrfvo(I from b thaiitabl& admtss. as It fal8 w51hkn tho vwlws oxempt#?rB availa￿￿ to fggistor•J charilles. 1.5 RMourc•s Exp•nd•d EXp￿di￿re is rfjcwnisfjd 8C¢TUO1 ba￿$ 8$ a IlaNIty15 kKurrg11. Costs of generating fund& c￿npriSe the Irwestnwnl Manogers. costs assoc￿l￿d thè man8g8m8nl of tho Invesknent kX)rtfollo kn acurriance vAth the strategy sel by the Trustees. These akn indude sol￿Alor8, management ftss in connoclion with Ihe marbagem￿t of the Chanty. Charhable expendlture In the fom ofdcm8tTon5 payable is accounted lor a8 and apwovwj by the Trustees and ￿en due for paYM￿t. Other costs knclude Ih¢)se u)sts assodated *rylh meeliNJ the o)nstittrtk)nal and slatutory requirements of thè Charity and indud¢ Ihg In(tspendent Examin8tK>n fees arKI bgal costs knked to strategic management of the Charlty. THE ROSENBERG MEIAORL4L FUND NOTES TO THE FINANCIAL STATEMENTS for th• y•w to 5 WI 2025 1.6 Flx•d As••t Inv••tm•nt Pollcy and D•rlvall¥ Investrnents we initsamy recognised at l*th'r tr8nsactKin v8tyJe afKI subsequgntly mg8SUTed by ih&* market V81 0$ at the BoLqnce Sheet date. Usled investrnents are ststed at the mwj prrrR on the London Stod( Ex¢hang8 and the bld pites wowded by the Fund Managèrs for unrt tntst hoh1￿. G￿r￿ and108ses on investmont assets are fxe¢til&J, or deblted, to ts Ststement of Financi81 Actvitrs in the yEar in vthich thoy ar18e. Dorfvat￿o$ are initially recognIs￿ at their the day thgy ￿ ontered Into aTKI are subsoquenlly measured at the falr vakng prgvallng at thg tim8. Thg fair valu8 of d6rlvatlves (￿rI0$pOrts to thg presanl valu of esllmalod future cash Th& fa* vakne of currery fiMwards1s bawj on th• forward exch￿ as at thg 8nc6 sheet dal8. 1.7 Forward Curv•ncy Tr*nMctlons Forwar¢J currency ￿ntracts are a￿6￿8nts to or sel currerw al a w0d•twmin•d price on a J￿rfled futur6 date Galn8 or k)88￿ on fornfard trans•dions ¥thilhkn th• tradiThJ p￿lfOkn. vA)8re Such transactions aro opened and cb$ed off in the accountlng period, are recognised within fealised gains or losses in tha Statement ol Flnanclal Acuvllles calcu￿10(% wa tho diffw9r￿fj In lh8 markal va￿8 of th• (xmncy from trado tjate to sottlement dale. Where forward currerKy tran88cOons rnmaln open at the end of Ihg fin0rKI￿ wio(I Ihe fair vAlu8 of the Irin$adon16 measured at the knss or gain had the ck*d dl on ts 1#8t dayof the perfod. a8 ovided by fund manag8fS. Any gains or1088es arisino from the changes In falr ¥8￿0 Cm d•rivoti4w we laken lo t￿ Ststsmonl of Flnancial tNrties as unraalised galns or losses at Ihe Jwr eThJ. 1A Cufr•nl As8•t Inv••tm•nts Fknandal as$6ts ¢las$lflod a$ ¢urMt a8$6t Inve8lmonts ar6 ststsd al falr value with any gains or k)sse8 ari$Mig on remeasurement recowised kn wofft L¥ bss. Fair value ￿ derlved from tho professlonal valuallon obtsln• at tho podod ond. Short-term Inveslments duo ￿k1 for sala 12 months of the period-oThJ ar8 troated 4$ current 888at Investmwts. 1.9 C••h •nd Ca•h Equlv•l•nts Cash and cash aqufvalents Sncknda cash In hand. dowbsfls hokj al cam vthh banks, 0th8r short4em IquKI Investments original malurities of threo months or less and b8nk overdrafts. Bank overdrafts are shown w￿fjn boffowlngs In current Ilablllll88. 1.10 Flnan¢lal IMlrum•nl• The Chanty has elecled to appty the of SKb(x1 11 '8asK Financial lTh&trumonts' and Secth)n 12 '0th8r Flnancial Instruments Issue8. of FRS 102 to ￿1 of Its ￿arthI tralrumonts. Flnandal Instruments a￿ reeogntsed n the Ch*ltys b8k9nce shget ￿en thg Charlty be¢om8s party to the contractual provis￿nS of Ihe instrumenL ThE ROSENBERG MEMORIAL FUND NOTES TO THE FINANCIAL STATEMEKfs for th• y•w to 5 WI 2025 Flnancial 88sets and IL8bllttFes are offseL V*ilh the nel amcMJnts presented ￿ the financial stat8m8nts, vthen tharb is a kg81ty wrftjrcea￿e right lo sel off the recognk88d amounts and there is an intention to setue on a net b8sl8 orto re8llse the asset arKI setue ts bbilty $imuttaneou$ly. Bastc financial 85sets. whth includ8 d8btors and cash and bank balances. arn inlbalty moasurod at transaclion prico including transaclion costs and are sub8oqu8nty canithj at amorti68d cost U6ing thè èffective inter881 m6thtsJ un￿sS the arranggmont constitutes a flnanclng transacllon. where the Iransactlon Is mgasurod at tho present valuè of the futLTr recevs dl$¢ount0d at a maFkot ralo 01 interfrst Flnonclal assots dassllled a$ rgc8lvable wthin ono year are not amordsed. 8•ak Fln•ncl•l Ll•bllfths financial li8blltie3, Includl*vJ cr8dltorn and bank h)ans 80 initi81ty reeowistid 8t tr8n88clh)n prlce unle88 the 8rrangemenl conslitules a financgng trans8clp)n. where the debt insinJm•nl L% m•8sured al Ihe present value of the lulure reC￿pts dlscounled al a market ralo of inlerg51. Financial Ibabiktios dassffi8d as payBble Ihln one yoar ar• amorti8ed. Dobl Instrumen18 aro 8ubwuentty ¢wrled at amortknd c*st, U8lng thg effectfve Inlar88t rats method. Trade creditory4 arè obligaknn¥ to pay for wcxls (Y w¥lcos thot hov& b88n acqulrgd In Ihg wdlnary ￿urSe of op8r8t4ons from sUppl￿r. Amounts payable am cLqssrfied as current 1k*bil￿a$ rf payThent is due ¥%ilhin one yo8r or less. If not, they aro presented as non-ojrrent Ioblllllfrs. Trade crodrtorn are rocognlsed in￿01ty al 8adon wke and subsequentty moasur•J al amortisèd cost U￿n9 the efftietivg nterts61 method. D•rncoqnlllon ofFln•nd•l Ll•bllftl•# trinanciai I18C411T￿8 are aorecogniseo wnen me knnarw$ ¢(xmwai ODIVWXL8 expiro or w¢ oiscnargea or nc•lW. 1.11 CrfllrAI A¢counllnq E•tkn•t•• and Judo•m•nts In appllcallon of the CharW$ accounltng polkies, the Trustees are roqulred lo make IL•Jgem?nts. ¢sllm418$ and 86sumplon8 about the Caff￿ng (rf 08sets and liabiktia$ that aro not readity apparnnl from othei $ourco8. The ￿tImat0¥ and a88odated assumpth)ns are based on h16torfcal exporlence and other faGtor8 Ih81 are consKlered lo be relevant. A¢tual rosuls may drfter from Ihgse estimate$. i ¥¥uiii¥itW ailu UiN¥i1￿11Y ￿￿Ul11p￿L*Lry thi ali uyuirry ve￿1>. Ul aWJUlI￿v èstimates recognised in ts period in Ihe estimalo 6 revised ￿ere th8 revis￿n affects only that p8rfcd, or In tho perlod of the revision and futuro pwicrf15 kn the rnvision affKts both ￿Then1 arKI future perfods. The Trustee¥ do not consi(ler Ihat anyludgements. olher than I￿1)se Ind￿￿n9 esllmatlon uncgrtalnty. have duriryJ the >par ￿1¢h wuros disck)suro. 10- THE ROSENBERG MEMORIAL FUND NOTES TO THE FINANCIAL STATEMEiifs FOR THE y••r to S Wil 202S 2025 2024 19.116 16.891 Income rKgived - UK Eq Excess Rèportaile Inc4)me Interest on Ca8h Deposits 28.313 1,398 8,519 1.147 48.827 26,558 3 Ind•p•nd•nt Ex•mln•ff• R•muw•tlon Fee8 payab￿ t¢ Ch•riil$ indepondwrt examlrw and a860dth.' 2025 2024 Independent Examknation of tho Chwtirfs accounts 1,920 1,920 1,920 1,920 4 TNst••• r•mun•ratlon and •xp•n• Non9 of the Tru8t888 (or any p8rson8 &)m￿ad th•m) rKgrrfed any rgmunerniw. bgngffts or payment of •xp8ns95 {2024.' £Nil}. S Employ••• Thore war8 no employees durtrq the ￿riod. 6 N•t Galn•l{Lo•v¥l gn Inv••lmw 2025 Rev8hja￿Cffj of Investments GoinlL¢)ss on Sale crf Invèstmonts GainlLo8s on ExchwwJo Rate klov8m 145.435 742.608 (28.4451 135.4461 145,435 678,718 11 THE ROSENBERG MEMORIAL FUND NOTES TO THE HNANCIAL STATEMEpifs FOR THE ￿art0 5 Aprfl 2025 7 Flxed Assot Inv••tm•nts 2025 Lbted Inve8tments 6.170.950 Flx•d Ass•t Inv•8tm•nts R•valu•d Inv08tm•nl$ aro I￿￿Lthd on the Bdance Sheet at thgk motht valufr at ts ond ofthg tkngnd81 period. Ll8led Invostmonl$ are stalgd al ts mld wke on th• L￿￿on Stock Exri12025 6,170,950 5.982.610 12- THE ROSENBERG IAEMORIAL FUND NOTES TO THE FVIANCIAL STATEMENTS FOR THE year to 5 Aprll 2025 Flnanclal Instn4m•nts 2025 2024 Carrylng Am¢)unt ol Flnanclal AM•ts Eq(￿ty Jnstrumonts mgasured at market ¥8￿0 6,170,950 5.982,610 Carrylng Amount of Flmnclal U•bllltl Mea8wed at ￿0￿9•d cost 254.329 103,483 Flnincl*l Ll•bllltl••: br•akdoTAn Ash & Co kntyjntants Ltd 1,920 Fundiw commrtments dub 159,673 32.825 161,593 34,745 Fundlng commllm•fftts du• •ft•r on• y•v 94.656 70,658 g Cuh at bank In hand 2tr25 2024 Rothschild ICI} Llmlled CAF Bank 385,740 28,494 381,553 131,076 414,234 512.629 13- THE ROSENBERG MEIIORIAL FUND 140TES TO THE FINANCIAL sfATEMENTS FOR ThE y•ar to 5 Aprfl 2025 10 Fundlng Commltm•nts Grants pmmded to in8titutMMS Ma fuThJing ￿MMitments aro dotail8d as fC4lU￿s. The cgjmmitments hav8 bggn calculat&J by Iho amortlsod u>st mellvjd avwage Toknn of knvesknent rate c8kulated al S% per annum. Ai 22 June 2022 Ihe chadty had entered Into fundlng ￿MMI￿ents donatk>n8 lo the Royal Ingtitul6 of British Anhitects RIBA) vthich totalknd £152.000 but hove been varied subsequenuy. The futuro commllments are sh(Th￿ below. Thern are performance reLryt8d cijrKlrtlons attached > the commitments. Carry forwa Yvr Du• Amourt FIMnc• cost• R•p•ld 126.000} 151.0001 151.0001 202¥2025 202&2026 202&2027 115.076 94,830 48.571 5.764 4.741 2.429 94,830 48.571 12.924 1128.0001 Year 26.000 51.000 51.000 105.W% 110.25% 115.76% 24,762 46,2S8 5% 115,076 On 19 Aprfl 2024 the ch8rity h&1 entered Into fuThJing commkn)•nts to donatbDn8 to the Guy & St Thoma$. Chority of 140.000. Thgrg are no pgrformoc• rolakny condrtbn6 atta¢1￿￿ to Cwry R•pald fonw•vd 170,000) 170,0001 Y•ar Du• knunt Flnanc• costs 20242025 136.867 66.667 2tr2&2026 1140.0001 Y￿r 70.000 11X)LV 70,LXV) 70,000 105.00% 136.867 14- THE ROSENBERG MEIAORIAL FUIID NOTES TO THE FINANCIAL STATEMEpifs FOR THE yw to 5 WI 2025 10 Fundlng Commttm•nts (conllnu•d) Tats G Il• On 4 February 2025 ts charity ha(1 enterod Irto fuTrJing commthents to providg donati￿￿ lo Tale Gallwy of 153.166. There are m pwro￿aGO rO￿t￿y CAinditions att8cheAJ to tho ¢ommitments. Thè fijture commitments are 8hM bèkx. Cary forw•rd Y•ar Du• Amounl FInI￿* M¥t• R•p•ld 153.3881 151,3891 148,3891 202>2026 139.257 92.832 46.085 202&%)27 92,832 48,085 4,642 2027-W28 13.909 1153.1661 53.388 51.389 105.1))% J,846 46,611 41,800 11025% 5% 115.76% s% 139,257 11 R•l•t•d Party TrnMactlon8 There have been no related paty transaclioro ￿ Ihe ya8r. (2024:. Nong) 15-