Registered Charity Number: 1169516
The Rose Animal Welfare Trust CIO
Trustees. Annual Report and Financial Statements
for the Year Ended 31 October 2020

The Rose Animal Welfare Trust CIO
Contents
Page
Chartty Infomiatlon .............................................................................. .....
Report of the Trustees................. . ........- . ... . .
Trustees, Responslbllltles..
Independent Examlnerfs Report.........................................................................
Statement of finandal Artbvlties ........................................................................
Balante Sheet.................................................................................................
Notes to the Flnanclal Statements....
8- 13

The Rose Animal Welfare Trust CIO
Charity information
Trustees
Mrs Antolnette Tomkinson (Chalr)
Mr Nigel Paul Shaw
Ms Elizabeth Ellen Webb
Registered charity number 1169516
Registered office
Triune Court
Monks Cross Drtve
Huntlngton
York
Y032 9GZ
Independent ex•mlner
Karen Wood. ACMA
Outsource Accountancy Servlces and Independent Examlnatlons
Hlscox Building
Peasholme Green
York
YOI 7PR
Accountants
Garbutt & Elliott LLP
Trlune Court
Monks Cross Drive
Huntington
York
Y032 9GZ
Bankers
The yorkshi￿ Bank
46 Coney Street
York
YOI 9NQ
Sollcltors
Lupton Fawcett
Stamford House Plccadllly
York
Yol 9PP
Investment Managers
Brewin Dolphln
10 Wellington Place
Leeds
LSI 4AN

The Rose Animal Welfare Trust CIO
Report of the Trustees for the year ended 31 October 2020
The Trustees present their annual report together with the finanoal statements of the charity for
the pe￿0d year 31 October 2020.
The financial statements have been p￿Pared in accordantt with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to chanties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FR5102) {effecbve l January 20191 as detatled in the accounting policles.
Strurture, Governance and Mjnagement
The Rose Animal Welfare Trust cio (the "Charity.? was reglstered as a charity on the 6 Ortober
2016, number 1169516. the Constitution dated 6 OLtober 2016 fomis its goveming document.
Reference and AdmlnlstrJtlve Detalls
The reference and administrative details are shown within the charity inforniation page which forms
part of thls Trustees Report.
Trustees
The Trustees who served durlng the year and up to the date of slgnature of the financlal
statements were-
Mrs Antolnette Tomklnson (Chalr)
Mr Nlgel Paul Shaw
Ms Elizabeth Ellen Webb
New Trustees may be appolnted at properly convened Trustees, meetSng by a reso',Jtlon of the
Twstees, and recorded In the mlnutes. The mlnutes would be slgned by the new Trustee to provlde
evidence of appolntment.
Rl$k management
The Trustees have assessed the major rtsks to whlch the charity Is exposed. In partlcular those
related to the operatlons and finances of the charfty, and are satisfied that systems are In place to
mitlgate the exposure to major rlsks.
Public benefit
The Trustees have complled wlth the duty In Sectlon 17{5} of the 2011 Charities Act to have due
regard to guidance published by the Charity Commission in respect of public benefit.
Objertives and Activities
The primary objertive Is the promotlon of humane behavlour and rellevlng sufferfng of domestlc
and wild animals.
In planning the activities for the year the Tnjstees have kept In mind the Charity Commission's
guidance on public benefit at the Trustee meetings.
The Constitution obliges the Trustees to apply the Charity income to such charities and for such
charitable purposes and in such proporknons and in such manner and subjert to such terms and
Conditions as they may determine.
The Trustees respond to numerous written requests for donations from a wide range of charities
and the donations made are set out in the Schedule of t)onations on page 13 of the financial
statements. The Trustees regularly discuss the poliry of donations. The Trustees believe that the
donations fulfil the charyty's public benefit requirement.

The Rose Animal Welfare Trust CIO
Report of the Trustees for the year ended 31 October 2019
Achlevements and Perfornjance
Durtng the year the charity benefited from further generous donations of cash and glft in kind of
£3.200.
The Charity's principle SOU￿ of funding on an ongolng basls is from the return on Its investments.
The key objectives of the Charity have been supported in the year to 31 October 2020 a$ 97Wo of
the Charity's expenditure related to charitable donations.
The Trustees awarded charitable grants totalling £303.000. A list of grants can be found In note 10
to the Financial Staternents.
Flnanclal Revlew
The Charlty's Investrnents are shown In the 8alance Sheet at the matket value, at the balance sheet
date as all Investments ère listed on quoted markets. the market valuation Is freely avallable.
Durlng the year total income amounted to £18.559. Expenditure for the year totalled £311, 139,
maklng net expendlture for the year of £292,580.
At the balance sheet date, the charity had total fvnds of £636,576. Uncommltted resetves freely
available for charitable activlties were £636,576.
Reserves pollcy
It Is the policy of the chadty to malntaln Investments at such a level to generate sufficlent cash
funds annually to allow it to meet its charltable objectives In the comlng year. These cash funds
must also be sufficient to cover the experted annual administrative ail d grtvernance costs of the
charlty excludlng investment management fees.
Investrnent powers and pollcy
Under the constitution, the charity has the k>ower to make any Investment whlch the Trustees see
fit. The Trustees have not adopted an ethical investment policy. The Trustees review thelr
Investment pollcy at ￿gUlar Intervals.
Plans for Future Perlods
The charity plans to continue the activities outlined above In the forthtt¢rnin9 years, subject to
satysfartory returns on Investment.
2210112021
Thls ￿pOrt was approved by the Board of Trustees on ...............
. and slgned on its behalf by..
o,rwQ
n@L
Chair ot Trustee5
Mrs Antoinette Tomkinson

The Rose Animal Welfare Trust CIO
Statement of Trustees, accountlng and reportlng responslbllltles
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements
In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales wuires the Trustees to prepare financial
statements for each finanaal year which give a true and fair view of the state of affairs of the
charity and of the incomlng resources and application of resources of the charity for that period.
In preparing these financial statements, the Trustees are required to:
Select suitable accountlng poliaes and then apply them consistentlyi
Observe the methods and principals In the Charitles SORP;
Make Judgements and esbmates that are reasonable and prudent;
stste whether appllcable accountlng standards have been followed, subject to any materfal
departures disclosed and explained In the finanoal ststements- and
Prepare the finandal statements on the golng concern bas15 unless It Is Inappropdate to
presume that the char6ty wlll contlnue In business.
The Trustees are responslble for keeplng proper accountlng records that dlsdose wlth reasonable
accuracy at any time the finanaal position of the charity and enable them to ensure that the
flnanclal statements comply with the Charltles Act 2011, the Charfty (Accounts and Reports)
Regulatlons 2008 and the provlslons of the trust deed. They are a150 responslble for safeguardln9
the assets of the charity and hence for tsking reasonable steps for the prevention and deteciion of
fraud and other Irre9ularitles.
The Trustees are responsible for the maintenance and Sntegrity of the charlty and financial
Information Included on the charlty's website. Leglslation In the Unlted Klngdom governlng the
preparation and dissemination of financial statements may differ from legislation in other
Jurlsdlctlons.

The Rose Animal Welfare Trust CIO
Independent Examiner's Report to the Trustees of The Rose Animal
Welfare Trust CIO
I report to the trustees on my examlnatlon of the accounts of the Rose Anlmal Welfare Trust ao
for the year ended 31 October 2020.
Thls report Is made solely to the Charfty's Trustees. as a body. In accordance wlth 5ettlon 145 of
the Charities Act 2011. My independent examination work has been undertaken so that l rnight
state to the Charity's Trustees those matters l am requlred to state to them In an Independent
Examine￿5 Report and for no other purpose. To the fullest extent pemiltted by law, I do not accept
or assume responsibility to anyone other than the Charity and the Charity's Trustees as a bodyi for
my Independent examSnation work, for thls report, or for the oplnlons I have fomied.
Re5ponslbllitles and basis of report
As the charfty trustees of the Trust you are responsible for the p￿paratIon of the accounts Sn
actordance wlth the requirements of the Charities Act 2011 Cthe ACY).
I report In respert of my examlnatlon of the Trust's accounts Ca￿led out under section 145 of the
2011 Act and in carying out my examination I have followed all the applicable Dlrectlons glven by
the Charity commlssion under section 145(5)(b) of the Art.
Independent Exarnlnerfs Statement
I have completed my examlnatlon. I conflm) that no materfal matters have come to my attentlon
In connertion with the examlnation glvlng me cause to belleve that In any materfal respect:
l. accountlng records were not kept In respect of the Trust as requlred by sectlon 130 of
the Att; or
2. the accounts do not accord wlth those records: or
3. the accounts do not comply with the applicable requirements conceming the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requ1￿Ment that the accounts give a true and falr view whlch Is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection wlth the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Karen Wood, ACMA
2210112021
Outsource Accountancy Servlces and
Lndependent Examinations
Hlscox Building
Peasholwne Green
York
YOI 7PR

The Rose Animal Welfare Trust CIO
Statement of Financial Artivities for the year ended 31 October 2020
2020
2019
Notes
Income from:
Donations
3,200
336,350
Investment income
Total income
359 846
Expendlture on:
Charitable activities
311,139
283.875
Total expendlture
311,139
283 875
Net Income betore other recognised gains
292 580
Other recognlsed galns
Realised and unreallsed (losse5)Igains on
Investments
(23,979)
29,663
Net movement In fvnds for the perlod
(316,559)
105,634
Reconclllatlon of funds:
Fund balances brought fotward
953,135
847,501
Funds Carrled forward
636,576
953,135
All income and expenditure in the Statement of Flnandal Activknes was unrestricted In both the
current and prior year.
The Ststement of FiAartcial Acbvities Includes all gains and losses recognised In the year.

The Rose Animal Welfare Trust CIO
Balance sheet as at 31 October 2020
2020
2019
Notes
Flxed assets
Investments
622,864
921,782
Current assets
Debtors: Gift-aid recoverable
Cash at bank
3,355
14.133
3,355
31,774
Current liabilities:
Amounts falling due wlthln one
ear
{3.776)
(3.776)
Net current assets
Total awts less curyent
Ilabllltles
636,576
953,135
Net assets
636,576
953.135
Fund$:
Unrestrlcted lunds
636 576
953 135
636.576
953,135
The notes on pages 8-13 fomi part of these finanaal statements.
2210112021
The financlal statsments on pages 6-13 were approved by the Trustees on ...........................
o.rLknR
Trustee
Mrs Antolnette Tomklnson

The Rose Animal Welfare Trust CIO
Notes to the financial statements for the year ended 31 October
2020
Accounting policies
The prfnapal accounting policies adopted, Judgements and key Sour￿ of estlmatlon uncertainty
In the preparation of the financial ststements are as follows:
Charity Information
The Rose Animal Welfare Trust CIO is a charity established by Constitutlon t1ated 6 October 2016,
and reglstered with the Charfty Commission under charity number 1169516. The tharity's principal
Offi￿ address is Triune Court. Monks Cross Drive. Huntington. yo￿. Y032 9GZ.
A¢¢ountlng conventlon
The financial statements have been prepa￿￿ In accordance wlth appllcable United Kingdom
accounting siandards including Accounting and Reporting by Charitie5- Statement of Recommended
Practice applicable to charities preparing their financial statements in accordance with the Financbal
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effectlve l January
20191- {Charltles SORP {FRS 102), the Finanaal Reporting Stsndard applicable in the UK and
Republic of Ireland IFR5102> and the Charities Act 2011.
The financial statements are p￿sented In Sterfing, which Is the functional currency of the charlty.
Monetary amounts in these financlal statements a￿ rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention, ès modbfied by
the revaluatlon of certaln fixed assets.
Golng concem
The Trustees have prepared flnandal projertlons, taklng Into conslderatlon the cUr￿nt economlc
climate and its potential impact on the sources of income and planned expenditure. They have a
reasonable expectation that adequate financial resources are avallable to enable the charity to
continue In operational existence for the foreseeable future. and have adequate contlnoency plans
In the event that income streams are reduced. Whilst the global economy has been si9niflcantly
Impacted by the COVLD-19 virus. the charSty stlll has reserves sufficient to meet its immediate
requirements. Thus the trustees continve to adopt the going concern basls of accountlng in
preparlng the finandal statements.
Income
Income is recognised in full In the Statement of Financial Activitles fSoFA? In the year In whlch St
Is recelvable.
Income from Investments
Dividend and Inte￿$t income fmm investment fvnds is Induded when ￿te[Vable and the amount
can be measured reliably by the charity; this Is nomially upon notlflcatlon of dlvldends and interest
pald or payable by the Fund Manager.
Interest income from cash deposits anfl Ilsted Investsnents Is recognlsed in the accounts gross,
when receivable.
ExpenditllTe
Expenditure (excluding grants} is included in the SOFA on an accruals bas15.
Charitable athvities Indude support expenditure associated with the administration and Issubng of
grants.

The Rose Animal Welfare Trust CIO
Notes to the flnanclal statements for the year ended 31 October
2020 (continued)
Grants
Grants payable are commitments (induding payments) made to third parties In the furtherance of
the charitable objectives of the charity. Single or multi-year grants are accounted for as grants
payable when elther the reclpient has a reasonable expeLtstion that they will receive a grant and
the Trustees have agreed to pay the grant without condition, or the recipient has a reasonable
expectation that they will recelve a grant and any condltlon attachlng to the grant Is outslde the
control of the charfty-
Flxed asset Investments
Investments are a fomi of basic financial instrument.
Usted investments are stated at market value at the balance sheet date. The Ilsted Investment
portfollo Is held to generate returns and gains for the charity and accordingly is designated as falr
value through profit and loss I"FvfpL"). Under this designation the portfolio Is revalued at each
period end to its fair value, as detem)ined by reference to quoted market prices and values
determlned by Independent fiJnd managers. with any 9alns or losses golng through the SOFA.
1.9 Flnanclal Instruments
The charity has el￿ted to opply the provlslons of Secuon 11 'Ba51c Flnancial Instruments, and
Sectlon 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financlal Instruments. The
Charity only has financial assets and Ilablllties of a klnd that qualify as basic financbal Instruments
In accordance with section I l of FRS 102. Basic financial instruments are Inltially recognlsed at
transactlon value and are subwuently measured at thelr settlement value.
The Charity does not acquire put optlons, derivatlves or other complex financlal Instruments.
1.10 Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturlty held for worklng capltal.
1.11 Debtors
Flnanclal assets, other than those held at falr value through proflt and loss, are assessed for
indicators of impairment at each reporting end date.
nanclal assets are Impaired where there Is objectlve evidence that, as a ￿SuIt of one or more
events that occurred after the initial recognition of the financial asset, the estimated future cash
flows have been affected. Any Impairment lo￿ 15 recognlsed In the Income and expendlture
account.
1.12 Credltors, loans and provlslons
Credito￿, loans and provisions ère ￿cOgnised Whe￿ the Charity has a present obligation resulting
from a past event that will probably result in the trdnsfer of funds to a thlrd party and the amount
due to settle the obligation can be measured or estimated reliably. Creditors, loans and provls5ons
are nomially ￿CognISed at theor settlement amount after allowing for any trade discounts due.
Financial liabilities are derecognised when, and only when, obllgations are discharged. cancelled or
they explre.
Amounts recognised as provisions are best estlmates of the consideration Trquired to settle the
p￿sent obligation at the ￿pOrting end date. taking into account the risks and uncertainties
surrounding the obligation.
1.13 Fund accounting
I funds re￿IVed in the year are unrestricted in their application, the Trustees having full discretion
over thelr use.

The Rose Animal Welfare Trust CIO
Notes to the financial statements for the year ended 31 October
2020 (continued)
1.14 Crltlcal accountlng estimates and judgements
Ln the appli¢ation of the charity's accounting policies, the Trustees are required to make
judgements, estimates and assumptions about the carying amount of assets and liabilities that
are not readily appa￿nt from other sources. The estimates and associated assumptions are based
on hlstorical expedence and other factors that are considered to be relevant. Actual results mav
differ from these estimates. The estimates and underlying assumptions are revlewed on an ongolng
basls. Revisions to accounting estimates are recognised In the perlod In which the estimate is
revlsed, If the revision affects only that period, or in the period of the revision and future perbods If
the revlsion affetts both current and future perlods.
The Trustees have Judged that there are no estimates or assumptlons whlch have a slgnlflcant rlsk
of causing a material adjustment to the carylng amount of assets and liabilitles.
Income frorn donatlons
2020
2019
Gift of shares at valuation (note 5)
Donatlons
Gifts in kind
331,586
1,414
3,350
336 350
3,200
Income from Investments
2020
2019
DSvldends
15,345
23,496
Lnterest
14
15,359
23,496
Charltable artlvltles expendfture
2020
2019
Notes
Grants and donatlons
io
303,000
274,000
Support costs
8,139
9,875
283,875
Total expenditure
311,139
Anal sls of su
Investment Management fees
Independent examination fee
Accountancy
other costs
Total su
rt costs
4.939
550
2,650
5,964
500
3,D90
321
ort Costs
2020
2019
Reconclllatlon of grants payable
Grants comrrbitted in the year
Grants paid in the year
Commltments at 31 October
303,000
274,000
(303,000) (274,0001

The Rose Animal Welfare Trust CIO
Notes to the financial statements for the year ended 31 October
2020 (continued)
Charltable actlvitles expendlture (contlnued)
To comply with Charities SORP (FRS 102) non-perfonmance grants a￿ reported In the SOFA on
approval of application. In some cases payment may be spread over a period of time which gives
rlse to future commltments. There were no future commitments in respect of grants at the year
end.
There were no staff employed by the charfty durlng the perfod. Other than as dlsdosed In note 10
the Trustees are unpaid and did not receive any remuneration. benefits or expenses from the
charity in the pertod.
Induded wlthln admlnlstravon and accountsnry fees Is the Examlnerfs fee of £550 (2019 - £550).
Flxed asset Investments
Usted
Investments
G75h
2020
2019
Market value brought forward
Glft In kln
912,046
9,736
921,782
814,998
333,000
110,977
381.447
492,424
653,958
(381,447) (110,9771 (492,4241 (653,958)
(270.000) {270,000) (250,000)
(4,939)
14,939)
{5,879)
Additbtsns at cost
Dlsposals
Transfers out
Management fees and BAC fee pald
Reallsed and unreallsed galns/(losses) on
Investments
Market value c•rrled forward
{23,979)
(23,979)
29.663
617,597
5,267
622,864
618,545
921,782
897,559
Hlstorlcal cost at 31 October
Investments are represented bv:
2020
2019
UK and Overseas Bonds
38,989
558,630
19,978
53,886
809,079
18,786
30,295
9,736
UK and Overseas Equltles
Absolute Retum
Private Equity
Capital account - cash
Value as at 31 October
5,267
622.864
921,782
Creditors: amounts falling due within one year
2020
2019
Accruals
3.776
3,776

The Rose Animal Welfare Trust CIO
Notes to the financial ststements for the year ended 31 October
2020 (continued)
Funds
As at Income EXpendI￿rn Reallsed and
Asat
l November
unreallsed 31 October
2019
9ains on
2020
Investments
Unrestricted lund5:
General
Totsl
953.135
953,135
18.559
18,559
(311,139)
(311.139)
(23,979}
(23,979)
636,576
636,576
As at Zncome Expendlture Reallsed and
Asat
l November
unrealised 31 October
2018
{1055es) on
2019
Investments
Unrestricted funds:
General
Total
847.501 359,846
847,501 359,846
{283,875)
1283,875)
29,663
29,663
953,135
953, 135
Analysls of net assets between funds
2020
2019
As at 31 Ortober 2020
Flxed Assets Investments
622,864
921,782
Current assets
17,488
35,129
(3,776)
Current Ilabllltles
{3,776)
636,576
953,135
R•lated party transartlons
Mrs Antoinette Tomkinson seitled fees of £3,200 on behalf of the charity and this amount has been
treated as a gift in kind in these financial ststements.
At the balance sheet date an amount of £2,650 Inclusive of VAT is induded in accruals, this ￿lated
to an amount due to Garbutt & Elliott LLP, a knmited LiabElity Partnership in which Mr Nigel Paul
Shaw is a Partner, in respect of book-keeping services, the preparation of the financial statements
and preparation and submission of the charity's annual return. No amounts have been charged In
respect of Trustee services provided personally by Mr Nlgel Paul Shaw.

The Rose Animal Welfare Trust CIO
Notes to the flnancial statements for the year ended 31 October
2020 (continued)
10. Grant expenditure
Organisation
Committed and pald
2020
Commltted and paid
2019
Anlmal Asla Foundauon
8attersea Dogs and Cats Home
Beneath the Wood Sanctuary
Blue Cross for Pets
Brent Lodge Bird & Wildlife Trust
8rooke
Carlng for Cats Yorkshlre and Humber
Cats Protection
Compasslon In World Farmlng
Cruelty Free Internatlonal Trust
Cuan Wlldllfe Res¢ue
Dogs Trust
Eden Anlmal Rescue Trust
Four Paws
Freedom of the Splrit Trust for Border Collles
Good Llfe Dog Rescue
Grey Hound Trust
Happa Horse Rescue
Happy Paws Puppy Rescue
Horse Trust
Hull Animal Welfare Trust
Humane Soclety Intemational
Humanlmal Trust
Moorvlew Kennels & Cattery
Moorvlew Rescue
Network for Animals
Nowzad Rescue
Oak Tree Fami
PDSA
P￿A
Raln Rescue
Redwings Horse Sanctuary
Rushton Dog Rescue
Safe Haven for Donkeys In the Holy Land
stockenchurch Dog Rescue
The tlonkey Sanctuary
The Mare and Foal Sanctuary
Wodd Hotse Welfare
Total
rants
10,000
5,000
5,000
10.000
10,000
10,000
10,000
10,000
10,000
5,000
10.000
6,000
10.000
5,000
10,000
5,000
10,000
10.000
10.000
10,000
10,000
10,000
10,000
10,000
5,000
10,000
3,000
10,000
4,000
10,000
10,000
15,000
10,000
5,000
s,000
14,000
5,000
5,000
10,000
10,000
10,000
10,000
10,000
io,000
10,000
s,000
10,000
10,000
10,000
10,000
10.000
10,000
10,000
5,000
5,000
10,000
10,000
10,000
10,000
10,000
10,000
10.000
10,000
303 000
274 000
13