Company registration number CE014923 IEngland and Wales) Charity registration number 1179622 {England and Wales) ROSCONN FOUNDATION CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
ROSCONN FOUNDATION CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustses Mr D O'Donnell Mr RA Horton Mrs T O'Donnell Charity nurnber 1179622 Company number CE014923 Regl$tergd offl¢g Rosconn House 1 Grove Road Slralford Upon Avon Warwickshire CV37 6PE
ROSCONN FOUNDATION CIO CONTENTS Page Trustees. report Independent examine¢s report statement of financial activities Balance sheet Notes lo the financial ststemenls
ROSCONN FOUNDATION CIO TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their annual report and financial statements for the year ended 31 December 2025. The financial slalements have been prepared in accordance with the accounting policies sel out in note 1 to the financial slalements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities pieparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" Objectives and activities The charity plans to undertake a number of fundraising efforts and projects to benefit the local community within stratford Upon Avon and surrounding areas. Achlevoments and perfom)an¢e The Trustees review the aims, objectives and activities on a regular basis and have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and obieclives, and in planning future 8Ctivf(ies. Financial review The Trustees consider the financial performance by the charity during the period has been within expectations considering the economic background. The statement of financial activities shows incoming resources for the year of £25,70012024-£OI rith resources expended of £25,60012024-£OI. The Surplus for the year therefore was £4012024-£0}. Total unreslricled reserves al the year-end stood al £4012024-£01. structure. governance and management Rosconn Foundation is a charitable incorporated organisation 'CIO limited by guarantee. The voting members and Charity trustees are one and the same Iknown as 'closed' membership). This model is ideal as the CIO is run by a small group of individuals (the charity Irusteesl who are to be responsible for making the key decisions The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. Mr D O'Donnell Mr RA Horton Mrs T O'Donnell Recrultment and Appolntment of trustees The management of the charity is the responsibility of the Trustees who are elected and co-opted under the temis of the Articles of Association, The Trustees serving during the period are listed on page 1. Oryanisational structure Policy decisions are made by the Trustees. The day lo day operation is managed by the CEO under the delegated authority of the Trustees. The Trustees maintsin a watching brief and hold regular meetings. The trustees. report was approved by the Board of Trustees. Mr D O'Donn&ll Trustee Dated. 28 April 2026
ROSCONN FOUNDATION CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROSCONN FOUNDATION CIO I report to the trustees on my examination of the financial statements of Rosconn Foundation CIO Ilhe charilyl for thè year ended 31 December 2025. Responsibilities and basis of report As the trustees of the charity land also ils directors for the purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial slalements of the charity are not required lo be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 1451511bl of the CharitiesAct 2011. Independent examln&rfs statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that In any material respect". accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 398 of the Companies Act 2006 other than any requirement that the financial slalements give a true and fair view, which is not a matter considered as part of an independent examination.. or the financial statements have not been prepared in accordance wth the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities applicable lo charities preparing their financial slalements In accordance wth the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. Mr Richard Horton Jerroms Business Solutions Llmlted Chartered Certified Accountsnts Lumaneri House Blythe Gate Blythe Valley Park Solihull West Midlands B90 8AH 28 April 2026
ROSCONN FOUNDATION CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted funds 2025 Income from: Donations anLI legacies 25,700 Ex enditure on: Charitable activities 25,660 Net Income for the yearl Net movement in funds 40 Fund balances at 1 January 2025 Fund balances at 31 December 2025 40 The statement of financial activities indudes all gains and losses recognised in the year. The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure aOnI under the Companies Act 2006.
ROSCONN FOUNDATION CIO BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Current assets Cash at bank and in hand 40 Net current assets 40 The funds of the charity Unrestricted funds 40 40 The company is enlilled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of financial statements. The members have not required the company lo obtain an audit of ils financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regimè. The financial stslemenls were approved by the Iruslees on 28 April 2026 Mr D O'Donnell Trustee
ROSCONN FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Charity inforniation Rosconn Foundation CIO is a charf(able incorporated organisation. The correspondence office is 1 Grove Road, Slratford-upon-avon, CV37 6PE. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's Igoverning documenll. the Companies Ad 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" l°FRS 102.1 and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The charity has tsken advantage of the provisions in the SORP for charities not lo prepare a Slalement of Cash Flows. The financial stslemenls are prepared in slet1ing, which is the functional currency of the charity. Monetary amounts in these financial ststemenls are rounded to the nearest £. 1.2 Golng concern At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate reSoUrS lo continue in operational existen for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial stalemenls. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Reslricled funds ale subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial slalements. Endowment funds are subject to specific conditions by donors that the capitsl musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to V( after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised On the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
ROSCONN FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles Icontlnuedl 1.5 Expendltu Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, il is probable that a transfer of economic benefits will be required in selllemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The c051s of each activity are made up of the lolal of direct cost5 and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated dire¢lly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks. other short-lerm liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current liabilities. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price Including transaction costs and are subsequently carried al amorb.sed cost using the effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is measured at the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrLJment is measured at the present value of the fvture payments discounted at a market rate of interest. Financial liabilities classified as payable thin one year are not amortised. Debt instruments are subsequendy earned al amortised cost, using the effective interest rale method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially al Iransa¢lion price and subsequenuy measured at amortised wst using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Income from donations and legacies Unrestricted funds 2025 Unrestricted funds 2024 Donations and grfts 25,700
ROSCONN FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Expenditure on charitable activities Unrestricted Expenses 2025 2026 Dlrect costs Charrtable donations 25,660 Analysls by fund Unrestricted funds 25,660 Net movernent in funds 2025 2024 The nel movement in funds is slated after chargingllcreditingl.. Fees payable for the independent examinab'on of the charity's financial slalements Trustees None of the trustees lor any persons connected wth them) received any remuneration or benefits from the charity during the year. Employees The company had no employees during the finanaal year 12024.. none). Accordingly, no staff costs were incurred. Taxallon The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes. Unrestrlcted funds The unrestricted funds of the Charty comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include designated ftjnds which have been sel aside out of unreslricled ftjnds by the trustees for specific purposes. At 1 January 2026 Incomlng Resources resources expended At31 December 2025 General funds 25,700 125,6601 40