REGISTERED COMPLYY NUMBER: 13091863 (England and Wales)
REGISTERED CHARITY NUMBER: 1193191
REPORT OF THE TRUSTEES AND
UNAUDITED FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
THE ROSE PATERSON TRUST
Malthouse & Company
Chartered Accountants & Business Advisers
Malihous¢ & Company is the ￿ddIng name of M31ihouse & Company Limited
regi5teied in England no. 3576518. VAT re8l5niion tH). 926 7203 23
Rcgi51ered otTice.' America House. Rumford Court. Rumford Place. Liverpool L3 9DD
Register¢d 10 Lany on audit work in the LK. re¥ulaied for a range of invesimcni business
a¢¢ivilies. and Ii¢ensed io cany out the res¢Tred legal a¢ti%"ity ofnot)-conien120us probate
in England and Wales by the Insiituie of Chartered A¢¢ountsrtts its England and Wale5.

THE ROSE PATERSON TRUST
CONTENTS OF THE FINANCIAL STATEMENTTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Pag¢
R¢port of thc Trustecs
Indcpcndcnt Examiner's Report
Siat¢m¢nt of Financial Activities
10
Balancc Shc¢t
Cash Flow Statement
13
Noies io Ihe Cash Flow Sialement
14
Notes to the Financial S¢at¢m¢nls
15 10 25
D¢iail¢d Siai¢m¢ni of Financial Activilics
26

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Èrusiees who ar¢ also directors of the charity for the purpose5 of thc Companies Aci 2006, present their
r¢porl with the financial statements of the ¢lwity for the year endcd 31 Decctnbcr 2023. The trustees have
adopled the provisions of Accouniing and Reporting by Charities.. Sraieiiieni of Rccoinmended Pra¢li¢¢
applicablc to charities p￿paring their accounts in accordan¢e wilh the Financial Reponing Stsndard applicabl¢
in the UK and Republic of Ireland IFRS 102} l¢ff¢ctive l January 20191.
I)B.IECTIVES A￿D ACTIVITIES
Obji'ctlVC5 and aims
Th¢ ¢harity sc¢ks ihc promotion for public ￿nefit of good physical and tllcntul hc8lih and lh¢ prevention andlor
rcliLf of poor physical andlor menial ill h¢alih and suffering, by such charitable iiieans as thc trusi¢¢s may thiiik
rii from lim¢ to tim¢, in¢luding but not limiied to..
Providing, or a55i5ting in ihe provision of, services or support relaied to suicid¢ prevenlion and bereavemen¢
suppon suLh as (but not limited tol adYiLe and counselling.%ervice¥- andlor
IhL provision of granis andlor any oih¢r forn)$ of assi$iancc and supEx)n to such charilies and for such charitabl¢
projccts, services and aclivities as thc trusiccs may r¢gard as appropr5ai¢ froin limc io liine.
The Rose Paterson Trust is a non-partisan organisation and does not seek to incul¢al¢ or promote a particular
poini ol- vicw.
It was established by the Palerson family following ihe deaih of Rose Paterson in June 2020 and s¢eks to raise
and distribute lunds io support organisalions who work io prcvcnt suicid¢.
During the period ended 31 December 2023. the charity receivcd donations of £202,097 (2022., £198.916)
including gift aid.
Page I

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIIIES AND ACTtVlTIES
Signifieant activities
Tlic Lhariiy was cstablished in 2020 following th¢ deaih olRosc Palcrson in June of thai year. Our mission is to
support the organi5ations and individuals combatting the suicide epid¢mi¢. If we can help save just on¢ family
t'i'oin the tragedy ol'sui¢ide, Ihis iniiiative will have been worth it.
The Rosc Palcrson Trust has bcen born out of thc immense prid¢ Rose's family have in her and the depth of their
dcspair ai fa¢ing lifc without h¢r.
It is a privil¢g¢ (o present our third atu)ual rewirt. Th¢ Rose Paicrson Trusi has now cotnplelcd iwo rounds Of
Griint making following several years of successful fundraising. It is w'ond¢rful (o lionour and reincii)bcr Ros¢ ii)
Ihis way. by hclping 10 save many lives across (hc counlry.
The Ro8e Paterson Trus¢ works with the CSJ Foundation to seek out some of the best suicide preveniion
Lharilies and adminisier a pro8ramm¢ of Granls lu support iheir work. Each year we identify and 5onglist
prospcttive grantees and Ca￿ these applications through io payment of grani$ and progress reporting.
Diiring 2022 w¢ supported scvcn suicide prevention charities with granis ioialliiig £131,000. OUT r¢ponin
sl)owcd thai w¢ liclped the5¢ ¢harili¢s reach 850.000 p¢ople ihrough innovaiivc tcchnolo&y and a furfh¢r 8.164
PLople in person. li was reported ihai 7,388 lives had been ¢hanged, and ai l¢ast 231 lives direcily saved. W¢
Ivere delight¢d 10 share this Progress Report during 2023, which has bcen published on our website.
Durii)g 2023 we nearly doubled our giving following successful fundraising initiaiives. We distributed grants
(oialling £216,500 10 Iwelvc suicidc pr¢veniion charilics, fiv¢ of whoin wcrc Granlccs continucd fro111 2022. Our
Chainnan, Owcn Pat¢rson, has coinmiii¢d time to Yisii Cach of ihese Grnnt¢¢s across lh¢ ¢ountry and has
wiincsscd (hcir lifc saving work firsihand.
Thc total granis are brokcn down as follows.. B¢o¢hy Head Chuplaincy Team £17,500. Bcardcd Fish¢rnien
£17,500, Every Lite Maitcrs £15,000. If U CaT¢ Share Foundation £22.000. Kiiilsugi Hope £20,000, Pillar
Kincardine £15,000, R',pple Suicidc Prevention £30,(K)O, Salute Her £15,000, Shropshire M¢nidl Health Suppo
£III,UOO. Stable Livcs £20,000. Suicide Pr¢v¢ntion UK £17,51)O, Zest NTorfh¢rn Ireland £17,000. The Rose
Pat¢r50n Trusi 2023 Giving Report. conlaining more details about each of thc bryantees. has bc¢n published on
our w¢bsite.
Towards the cnd of 2023 each of ihe grantees were asked 10 complclc a Progress Report. This docuincnt will be
released throughout 2024. The hcadlin¢s show the Ros¢ Paierson Trust gt7nis helpcd the charities rca¢h an
astoni%hing 1.15 million people. touching just over 73.000 people (with low impaci intcrvcntionsl. changing the
lives of oi'er 14,000 people {with high impact iniervcntionsl and ultimaTely sal'ing 1,067 lives. It is likely that
thcsc totals, particularly lives saved. is significanily highcr but gathering and quantifying this daia is complcx.
Now having two su¢cessful rounds of gtani making complrted it is possible io present some cumulative figures.
It is a pleasure lo shar¢ in this report that the grants mad¢ during 2022 and 2023 have hclpcd to reach 2 Inillioi)
pcoplc, touch 81.546 liY¢s, change 21.794 lives, and savc ai leasi 1.298 pcople. Based on this infonnation w¢ are
fulfilling our mission and saving maiiy families from thc tragedy of suicidc.
Page 2

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAIi ENDED 31 DECEMBER 2023
OBJF.CTIVES AfsD ACTIVITIF.S
The Trustccs would like to thkc this opportunity 10 thank the hard work of the charities and thank tlic gcnrrous
suppon of our donors. Withoui th¢ ¢ompassion of our donors and the dedication of the frontline charitics thc
above Tesults would noi be possible. Hundreds of wivc5, husbatmts, brothers. sisters, fathers, mothers. sons and
daughtcrs would no( be alive loday. and thousands more would be sutyering.
Fundraising cffort5 wer¢ ongoing throughout 2023. Felix Palcrson. Rose's eldcst son, complctcd a 4Rmil¢ run in
48hours. raising approximately £25.1N)O and gr¢aily increasing suicide awareness. Promotion of this fundraising
¢v¢nl was coordiiiatcd with the publication of ih¢ 2022 Progre55 Repon io iiiaxii)iise ih¢ reach of tl)c Trusi's
mcssakic. Communications wer¢ scnl io all ihc Trust's supponers via cmail. and Fclix's run. the report, and
profil¢s of thc 2022 grantL¢s proinoied on social media chanjicls.
Laicr in the year, during the summer, another publicity campaign was launched. This was linked with ihe
onnouncement ol. the 2023 Rose Paterson TNSI grdniees. The announcenient w&$ disiributcd to all Trust
%upponers and sharcd widely on social media ¢hannels. followed by promoting ihe proliles of the individual
grantee%. Throughoui 2023 the Trusi has ensured that successes and key events have been shared widely and ihe
l-rust plaifonn us¢d io promoic the faniasii¢ grantccs io a wide audience.
Plans hyv¢ b¢¢n set for funh¢r a¢iivities throughout 2024. This includcs lundraising dinncrs, au¢tions and oth¢r
engyagLlllCnts with donors. Ned Paierson, Rose's second son. will be conducling a niardthon swim to raise
dwareness and incom¢ for the Tru51. This will be unsupported in open waler and Cover a distance of I I miles.
The pldn will be ¢0 coincide this wilh ihe final fundrai5in8 push for the 2024 grnniees and promo¢e the 2023
ProgTress Report.
l-hroughoui 2023 ihc Trust has tak¢n considerablc s¢¢ps fotivards lo cnsurc processes coniinue lo dcvelop. Onc
such examplc has b¢en the inlroduciiort of online application fomis and onlinc r¢porting toolq for giranlces.
C¢nlral functions aiid opcraiional dclivcry rcmains sirong Ihrough th¢ partnership with ihe CSJ Foui)dation.
Public benefit
The trustees hav¢ r¢ferred to the guidan¢¢ contained in th¢ Charity Commission's general guidance on publi¢
benelit when reviewing their aims and objectives and whcn planning for lulur¢ aciiillities. ID pariicular the
Iru.%iees consider how planned activilies ivill ¢oniribute lo ihe aim5 and objectivcs they have set.
STRATEGIC RF.PORT
AchlLiTremcnt and performance
Charitable activlties
During ihe year, donations (including gift Jidl w¢re received of £202,097. The iNste¢s considcr that the overall
rc5ult lor the period is in line with expeclalion5.
Page 3

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAii ENDED 31 DECEMBER 2023
STIUTEGIC REPORT
Finaneial revie
inxneial position
The ¢hariiy relies on donations, investmeni income. and bank intcrest for income. The Statein¢rLi of Financial
Aciivities is set out on pag¢ 10. Total incoming resourccs for (he p¢riod amounted 10 £210,983
12022..
£199.67]). Afier adminisirativc ¢xpenses and charitable expenditure of £248.506 {2022.. £159,702) and a loss
on investincnts of £39,040, (2022.. gain £21.965) thc net deficit for ihc pcriod amounted 10 £76.563 (2022
8iirplus £61,934). Free rcscrvcs at 31 D¢¢einber 2023 total £481.122 (2022.. £557.6851-
Thc trustccs have Jppoinied invesimcnt mana¥cment company Ruffcr LLP io a¢quirc ai)d dispose of
invcstmcn¢s, a5 ¢hc trustccs require. Thc iiii'csttncnts are held 10 g¢i)craic incoii)c which is to b¢ applied ¢0 IneLI
the charity's objccls.
The truste¢s have weighed up the cash ryuir¢m¢nts of the Trust for the nexi 12 months prior to making
invcstm¢nlS. They have adopied a policy uf holding a minimum of £50,000 eash ai bank io cover annual
rurtning cosis plus budg¢ied amounts to be disiribuied gs part of its grant making s¢raie8y.
Iiivcstment pollcy and objectii'e5
Tlic Rose Paterson Trusi's inv¢slment policy is to prcscrvc Lh¢ Capital value of funds which have bccn rctain¢d
lor fu¢ur¢ disiribution. The Tru51ces have appoinied Ruffer LLP io n)anag¢ investment5 on bchall. of The Trust
on a disLreiionary babis. This mJndat¢ prioriiises Lapital prescrvation. A s¢condary objecliye is Capital growth to
niaintain the real value ol. hnve$imenl$ and. where suitsble, Incre￿ ihe capilal available for fuiure disiributions.
Th¢ ov¢rall aiiilLidc ioward invc51m¢ni risk is medium to low, bcsi d¢scrib¢d as balanccd to cautious. Inveslcd
funds are dc.signai¢d for fuiurc granls. thcrcforc th¢ Trusiees will not takc unn¢cc8$3ry capilal risk. D¢ci8ions
'ill bc Inadc in uc¢ordance wilh profcssionol gutdance. which will considcr th¢ mandaic and rcquirLin¢nis of the
TnL81 and the prevailing markci condiiions. All invcslmenls hcld arc diversified to i)iiligatC 5pc¢ifi¢ risk.
Page 4

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRATEGIC REPORT
Future plans
Lookinbj ahead to 2024 thc TTUSi¢¢S are driven to keep the mom¢ntum of The Rose Patrrson TNst ovcr the pasi
two years of grant making. Relaiionships with grani¢es are strong thanks io the dialogue through the CSJ
Foundation and the visits conducted by ChaiTman Ow¢n Paierson.
Tlic Trustecs arc imm¢ns¢ly proud of all scv¢n gran¢¢¢s from 2022 and ihc twel￿¢ grdnices from 2023, wilh fiillc
grantces rcceiving repeat funding over both years. The Pai¢rson Family arc coininiiied io delI￿CTing a third
suLcessful round of granl making, aware ihai there 15 much work io be donc iii the fight against suicide. Maiiy
livcs hav¢ bcen sJv¢d. but the tragedy of suicid¢ persists.
For lh¢ 2024 grant process rweniy iwo applicants have been ideniificd. This includes (he twelve 2023 grant¢¢s
and ien addiiional charitie5. The process will remain ihe same. with ihe iwenty two applicants invited to apply
lolluwing a round of longlisting. Interviews will be used to delemiine suiiability for a grant, with th¢ Truslees
making ihc uliimat¢ d¢cisions throughout ihe summer of 2024.
As with previous years, grants will bc made on an unresiricied bases unless in exceptional circumstances. The
oiily critcria placcd oil ¥rant¢¢s will bc io focu5 on 5uicid¢ preveniion work and io Coinplelc a ProgrLss Report
oncc a six monih pcriod has bcen complctcd.
To all ol. our supporters and donor5, to the seven 2022 grdntees, to (he tw¢lv¢ 2023 graniees. ¢0 lh¢ tw¢nly two
2U24 applicants, and i(Tr all oih¢r ¢harities comba¢iing 5ui¢ide across the UK,. Ihank you from The Ru5¢ Pul¢rson
Trust. To anyonc sirubgling wilh suicid¢ id¢aiion and nienlal hcalih probl¢ms. know you are not alone ai)d h¢lp
is ou¢ ¢h¢r¢.
Th¢ Trust's mission is to 5UPPOrt ihc organisations and individuals ¢ombatting ihc sui¢id¢ ¢pidcinic. The trustc¢s
have always said, if wc can h¢lp save just onc family from Ihe Iragcdy of suicid¢. Ihis ii)itialive will hav¢ bcei)
wurih it. We believe we arc o¢hieving our mission. and w¢ look forward to continuing ihis mi55ion for many
years to Lome.
s"rRUCTURF., C.OVERNANCE AND MANAGEMENT
GovL'rning docum¢int
The LhLirity was cslablishcd by a Memorandum and Articl¢s incoTporatcd 21 D¢¢¢mber 2020 as aiiici)d¢d by
ccrtificat¢ of in¢on)oration on change of name daled 05 Fcbruary 2021. The charity is r¢giqiercd with thc Charity
Commission. numbcr 1193191. The charily constitutes a limiied company. limited by guarantc¢, as defincd by
the Companies Act 2006.
Rc¢rultment and appointlnent of new trustee5
Founding nicFDb¢15 have the power to appoini new in]slees and to r¢move and replace trustees. Trustees who ar¢
no( founding membeis ar¢ appoinied lor a fixcd iemi and r￿Lre at the Cnd of thai terni unless re-appuinled by the
rounding members. A new iNsiee or trustees may be appointed at any (ime but so that the total number of
trustees shall at no timc ¢x¢eed seven. Any ncw lrnstee or trustees would be appointed by r¢fer¢n¢e to their
abilities io operate a charity of this nature and th¢ ¢xisting mislees would cnsure ai all tiiiics that Lh¢y were thus
coinpctcni.
Thc charity is operated by its board of Trnstees who are resp)nsible for all decision5 undcrtaken.
Page 5

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
%I"RUCTURE. GOVEILNANCE AND mANAGETrIE￿T
Dcci51on making
The board of iTUStecs m¢eis four times yearly to adminisier th¢ ¢hariiy. Thc charity's management. financcs. and
operations are supported by the CSJ Foundalion (company number 13382551).
Risk manAgement
Tl)e Trustecs have a duty to ideniify and review the rigks io which ihe chariiy is exposed and to cnsure
appropria(e conirols arc in place to prol'ide reasonable assurancc againsi fraud and etTOr.
ThL Trustces have asscsscd lh¢ risks to which Ihc chariry is or may b¢ ¢xposed. panicularly thos¢ whi¢h relate to
thL operations and financing of ihc Charity. They arc satisficd ihai the ¢xis(ing sysicins whi¢h ar¢ ii) place to
proic¢t ￿lgaInSt risk arc adequate to miiigai¢ ihe charity's exposure. if any. Such systems are revi¢w¢d at least
annually.
Operational risk is mdnaged ihrough ih¢ Charity's mana8em¢ni service. The service5 provided by the CSJ
oundaiion are robust and in accordance wilh their internal procedurcs. Research and due diligen¢¢ r¢garding
POILntial grantces is thorough. as is thc handling of all financial infornia¢ion and c(Yort% io idcntify dny
irrcgJulari¢i¢s or potential frnud.
InvestniLn¢ risk 15 managed ihroush th¢ appointed investmeni company. The services provided by Ruffer LLP
arL prolessional and fully r¢gulaied. Th¢ mandate (as discussed in 'lnvestnieni Policy'l priorili5¢s ¢apital
pi'¢servalion alongside growih upportunili¢s. Th¢ level of risk is described as Tr)alanced ¢0 cauliuus, and
Liiidcrlyinby invesiments ar¢ fully diversificd. The -frusiecs will continue lo fullow professional guidance with
rLspcct to any investmcnt dccisions.
Thc principal risk faced by the Trusices ¢onc¢ms a decrease in funds raiscd from fundraisiiig activitics.
Fui)draising siraicgy and thc long-tcmi sUStain3biliiy of ihe Charily is r¢gularly discusscd. A rai)ge of activili¢s
rc uscd to maximise donation-based income cach year. Th¢ Tn￿[eeS considcr thc risk of r¢duced incomc to bc
surricicnily managed.
RF.FF.RF.P*'CF. AND AD%ll*il.STRATIVE DETAILS
RikJislerL.d Companv number
13091863 (England and Wales)
ReEi5tered Cbariiy number
193191
Registered office
America House. Rulnford Coun
Rumfurd Place
Liverpvol
McTscysidc
L3 9DD
Page 6

THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
O W Paierson
F C Patcrson
E O Paierson
Mi%s E. R. Paterson
IDdependent F.x#mln¢r
Guy Playf¢r BA FCA
Malthoubc & Company Chartu¢d Accounianis
America House, Rumford Court
RumfoTd Pla¢¢
Liverpool
Mcrs¢y.side
L3 9DD
BonkerJ
Weaiherby5 Bank
Sanders Road
Icllin¥burough
Norihampionshir¢
NN8 4BX
Ini'estnient m¥n¥g¢rs
RullLr LLP
80 Vicioria Sireei
London
SWIE SJL
Report of the iru51ees, incorporati
conipany dir¢Liors. on ....
# sirategi¢ report. approved by order of the board of tru51ee5. as ihe
. and Sis￿d on Ihc trf)ard's b¢half by..
O W P)tey¥on- Trus¢tt
Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE ROSE PATERSON TRUST
Indopendent oxamincr's report to the trustees of The Rose Paterson Tru$t {'the Company.)
rcport to the ch<2riiy trusi¢¢.% on my examination of the accounis of th¢ Company for the year cndcd
31 Dc¢ember 2023.
Responsibilities and basi5 of report
As th¢ chari¢y's I￿SteeS of ihc Company (and also its dirccttsrs for the puryx>scs of coinpany law) you are
responsiblc lor the preparntion of lh¢ ac¢ounis in accordan¢c with ihe requirem¢nt5 of (he Coinpanies Act 2006
{'thc 2006 Ael'l.
Having $ali.qfied myself that the accounis of th¢ Company are not required to b¢ audited undcr Part 16 of tlic
2006 Act aiid arc cli&Tibl¢ for indepcndcnt examination. I repon in rc.4p¢ct of niy cxaiiiinaiion of your charity's
accounts as ¢arried out under Section 145 of the Ch8riti¢s Act 2011 I'ih¢ 2011 Act,). In carrying out my
cxaininaiion I hav¢ followcd thc Dir¢¢iioiis given by thc Chari¢y Coiill)iission under S¢¢tion 145{5) (b) of il)e
2011 Acr.
Independent ex&mlner's Statement
I h)v¢ iumpleted my cxaniina¢iun. l Lonfirn) thai no matters have come lo my atieniion in connection wilh the
examination giving me Cause to believe..
accounting records wcre not kept in rc5pcci of ihc Company as requir¢d by Scction 386 of thc 2006 Aci;
or
Ihc a¢¢ounls do not accord with thos¢ r¢cords- or
Ihe aLcounts do not comply wilh ihe accouniing requirements ol- Section 396 of rhe 2006 Act oih¢r ihan
dny requircm¢ni ihdl ihe accoun¢s give a true and fair view which 1$ not a matter considered a5 pam of an
inde￿nden¢ examinytion: or
the accounts hav¢ not been prepared in accordance with the mcthods and principlcs of the Sialcmcnt of
R¢¢ominended Prac¢i¢¢ for ac¢ouniing and reporting by charities (applicabl¢ io charitics pr¢parinb> tlieir
a¢¢ounis in accoTdan¢c wilh ih¢ Financial Rcporfinb Standard applicabl¢ in thc UK and Republic of
Ireland IFRS 10211.
I have no concems and have com¢ a¢ross no other matters in connection with the examinalion to which attention
should be drawm in this report in order to enable a proper undcrsianding of the a¢¢ounis to be reached.
Page 8

tNDEPENDENT EXAMtNER'S REPORT TO THE TRUSTEES OF
THE ROSE PATERSON TRUST
Independent examiner's 51atcmertt
I have coinpleied iiiy examination. I confimi that no mailers have come to my attcntion in connection wilh the
examination giving mc causc to bclieve..
l. accounting records wer¢ noi kept in res￿1 of the Company as rcquired by S¢¢tion 386 of the 2006 Act. or
2. thc rcviscd accounts do not accord wilh ihos¢ records; o
3. the revised accounts do not comply with ¢he occounling requiremetits of Section 396 of thc 2006 A¢t other
thai) any requirem¢nt thai the revised accounts give a true and fair view which is not a matter con5idcrcd as parl
ol'an iiidcpend¢nt cxamination. or
4. tl)c rcvi.%cd accounts have not b¢¢n prepared in accordance wilh ihc nicihods and prin¢iplcs of the Siatcmciit
of Recoinmendcd Prdctice for accounling and reporting by chariiies lapplicablc lo charilics prcparin&i ih¢ir
accounis in accordance with thc Financial Rcpurting Siandard applicable iii the UK and Republic of Irclaiid
IFRS 1021).
I have no ¢onc¢ms and have come across no othcr matlers in conn¢¢iion wilh the examinalion lo which attcntion
should be drawn in this report in order to enable a proper understandiA8 of lh¢ r¢vAs¢d a¢countS to be reaclied.
Guy Playfer BA FCA
Malihouse & Coinpany Chancred Accountant5
Amcrica Ilouse, Rumford Coun
RuinfoTd Place
Livcrpool
Merscyside
L3 9DD
Da¢e'.
Pag¢ 9

THE ROSE PATERSON TRUST
STATEMENT OF FINANCIAL AcfiviTIES
(INCORPORATING AN INCOME ANTD EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
funds
UtwestrIc￿d
fi￿dS
Restricied
fund
Not
IYCOIIE AND ENDoWME￿,Ts FRO,
DonatiOll5 and legaLies
202,097
202.097
198.916
Investmcnl incomc
8,886
8,886
755
Total
210.983
210,983
199.671
Tr.XPLNDI"I'UKE ON
Raibinu fund.
14,853
14,853
13,934
Charitable activities
ChJri(abl¢ J¢liviliLs
233.653
233,653
145.768
Toial
248.506
248.506
159,702
Ne¢ gainsl(lossesl on investments
39.040)
3Y.0401
21.965
NF.T INCOMEI{EXPEh'DITURE)
{76.563)
{76.563)
61,934
RF.CONCII.IA'fioN OF FUYDS
Total fuiids brought forward
557,685
557.685
495,751
TOI'AL FUNDS CARRIED FORWARD
485.122
481.122
557,685
The notes forn] part of these financial 51atcments
Page 10

THE ROSE PATERSON TRUST
BALANCE SHEET
31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
funds
Unrestricted Restricted
funds
rund
Notes
FIXED ASSETS
Invesiments
12
422.480
422,480
452,633
CURRENI. ASSETS
Cash ai bank
69.275
69,275
11.235
CREDITORS
Aiiiounls fallii)g due wiihin one year
13
{10.633)
(10,633)
16,183)
NL'f CURRLN'f ASSETS
58.642
58,642
105,052
I'O'I'AL ASSETS LESS cuRRE￿'T
481,122
481,122
557.685
'ET ASSETS
481.122
481,122
557.685
FL'NDS
UnrLsiricted funds
14
481.122
557.685
TOTAL FUNDS
481 122
557 685
Tl)c charitable coinpany is cnlitled io exemption from audit under Seciion 477 of the Coinpanics Ac¢ 2006 for
tlie ye£lr endLd 31 DecLmber 2023.
Thc Incmb¢rs havc not r¢quircd ihc company to obtain an audit of its financial stsi¢menis for the year ¢nd¢d
31 D¢o¢niber 2023 in tt¢¢ordanc¢ wilh S¢¢tion 476 of (he Companies Aci 2006.
The trustees acknowledge their responsibililies for
(al
ensiiring that the charitable company keeps accounting records that comply wilh Sections 386 and 387 of
the Companies Act 2006 and
(bl preparing financial 5tatcmcnts which give a true and fair i'i¢w of the state of affairs of the charitable
coinpany as ai thc end of cach financial ycar and of its sU￿]uS or d¢ficit foi ¢a¢h fJnan¢ial ycar
accordance with the requirements of Sections 394 aiid 395 and which oihcrwisc ¢oii)ply with the
rCquir¢￿cn1S of Ihc CoTnponics Act 2006 ￿lating io finan¢ial stai¢menis. so far as applicable to the
charitable company.
The notes forni part of these financial stalcm¢nis
Page 11
continued...

THE ROSE PATERSON TRUST
BALANCE SHEET- continucd
31 DECEMBER 2023
Thesc financial statements have been prepared in acconlance with ihc provisions applicable to charitable
conipanies subject lo the small companies regime.
The financial statements were approvcd by th¢ Board of Trustees and authoris¢d for issuc on
. and were signed on ils behalf by:
C Paterson - T
s¢e¢
Thc noi¢$ forn] part of ih¢se fllwlcial st3i¢ments
Page 12

THE ROSE PATERSON TRUST
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
31.12.23
31.12.22
Notcs
Cash flom's from operating actil'ities
Cash generaled from operalions
41.960)
33,688
Nei cash lused inl/provided by operating a¢tiviti¢s
41,960)
33,688
Cash flows from 5nve5tin% 4¢tlviiles
Purch&se of fixed &5sei investhienls
Dividends received
(8.8861
8.886
143U.6681
755
NLI cash pro%'ided byl{used in) investing a¢iiviii¢s
429.913)
Change In cash and c)Ish equlvalents in
thc, ri'portlnE pi'riod
C45h &nd ¢¥$h ¢quli'#l¢nts at (he
bi'Rinning of the reporting perlod
(41.960)
1396.225)
111,235
507.460
Cash and cash cquivalcnts at ihe cnd of
the roporting period
69.275
111.235
The notes forni part of ihese f￿ancial slal¢m¢nts
Page 13

THE ROSE PATERSON TRUST
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
RECONCILIATION, OF N'ET {EXPEYDITUREyIliCOME TO NET CASH FLOW FROM
OPERATI.NG ACTIVITIES
31.12.23
31.12.22
Net (¢xpenditur¢yin¢om¢ for the reporting period (as per the
Statement of Financial Aclii'itie5>
AdjuslmLnts for:
LossLS..'Igain} on inveslments
Dii'idends received
DLcrease in debiors
Increasel(decrLasel li) creditors
{76,563}
61.934
39,040
(8,8116)
(21,965)
(755)
2.996
4,449
et eash (used Inyprovlded by oper*iions
41.960}
33.688
AYALYSIS OF CHAI%GF.S IN NET FUNDS
Ai 1.1.23
Cash flow
At31.12.23
NLbt eash
Cash at bank
111.235
41,960)
69,275
11.235
41.960)
69.275
Total
111235
41960)
69.275
The notes fomi part of these financial staiemeThts
Page 14

THE ROSE PATERSON TRUST
NOTES TO THE FtNAN'CIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
BASIS OF PREPARlTriG THE FINAI%CIAL STATEMETr¥TS
The financial statements of the charitable company, which is a public b¢n¢fit eiitity under FRS 102, hav¢
been prepared in accordance wilh ihc Charitics SORP (FRS 102) 'Accounling and Reporting by Ch4riti¢s.'
Siaiement of Recommended Praciice applicable io chariiies preparing their accounts in accordance with
Ihe Financial R¢poning Standard applicable in ihe UK and kepublic of Ireland IfRS 102} {cffcctive I
January 20191., Financial R¢porting Siandard 102 Th¢ Financial R¢porting Standard applicablc in the UK
aiid Rcpubli¢ of Ireland. and ihe Companies Act 2006. The finan¢ial siai¢m¢nis have been prcparcd under
thc historical cost convcnlion, with ihc cxccplion of investmenis which are included at market value, as
iiiodifi¢d by thc rci'aluaiion of ¢¢ttain ass¢t5.
The trusiees consider that ihere are no material uncertainlies about the Charity's ability to continue as a
goiiig concem.
INCOIMF.
All incoine is r¢¢ognis¢d in ih¢ Sial¢meni of Financial Aciiviiics on¢¢ ihe charity has eniitlement to the
funds, it is probable (hai lh¢ in¢ome will b¢ received and th¢ amouni Can be Ineasured reliably.
Donations are recognised when the charity has been noiified in wriling of both ihe aniount and
sci¢lcment ddle. In ihe ei'eni ihai a donation is subjcci to condiiions that require a level of
PLrfom)ance before the charity is eniiiled 10 the funds. the income is deferred and not recognised until
eith¢r those condilions are fully met, or ihe fuifilmeni of Ihosc condilions is wholly within (he
control of thc cliarity and li is probable thai (hose condilions will be fuifillcd in thc TCPOrting pcriod.
Donaicd scrviccs are rccogniscd as incomc whcn ihc charity has control ovcr the item. any ¢ondiiion8
asso¢iai¢d with lh¢ donoi¢d iicn) have bccn mcl, th¢ r¢c¢ipi of ¢conomi¢ b¢n¢fii froiii th¢ us¢ by th¢
charity of the i¢cm is probablc and that economic benefit can be mcasurcd Tcliably.
Oil receipi. donated professional services and donaied faciliiies are recognised on the basis of the value of
th¢ b¥ift 10 the charity whi¢h is the amouni the charity would have be¢n willing to pay to obtain service8 or
facilili¢5 of equivalent econoinic benefit on ihe open market. M CO￿¢spOndIng amount is then re¢ognised
in expendilure in the pcriod of receipt.
EXPETr*'DITURE
Liabilitics arc rccogniscd as expenditure as soon as there is a legal or ¢onstTU¢tive obligation committing
the charity to that cxpcndilure, it 15 probablc thal a transfcr of ¢conomic b¢n¢fiiS will b¢ requir￿ in
seitlement and the amount of the obligation can be measured reliably. Expenditure is accountcd for on an
accruals basis and has been classified under headings thai aggregate all cost rclatcd lo thc category.
Where costs cannot be direcily airribuled to particular headings they have been allocatcd to activitlC5 on a
basis ¢onsisi¢ni with the us¢ of r¢sour¢¢s.
Irrecoverable VAT is charged againsi ihe expendiDJre heading for which it was incurred.
Grants payablc arc payments madc lo third partics in the furthcrancc of thc charitable objects of
th¢ ¢harity- In th¢ ¢as¢ olan uncondiiional grant offer this is accrued once the recipient has been
notified of the grant award. The nolificalion gives thc rccipient a rc850nable exp¢¢thiion that they
Page 15
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMENTTS - continucd
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUN'TING POLICIES- Continued
EXPE￿D1TuRE
will rec¢ive the one-year or multi-y¢ar grant. Grdnis awards thai are subjeci io the recipient fulfilling
perfomiance conditions are only acctued when ihe recipieni has been noiified of the granl and any
remaining unfulfilled condiiion attaching io thai grdni is outside of the conirol of Ihe charily.
Provisions for grants are made when ih¢ inieniion io makc a grant has been ¢ommunicatcd io thc
recipicni bul there is uncertainty a$ to ihe timing of ihe ¥rnnt or ihe amouni of grnni payable.
CFIARITABI.E AcfIviTIES
Expendiiure on charli￿1b1C ,1CiiI'iiics in¢lud¢s gov¢rnan¢e Cosis and an apportionmcnt
ol'suppon ¢osis.
ALI.OCATION AN'D APPORTIOP*,MENT OF COSTS
Support costs are those funciions thht assisi ihe work of the charity bui do noi dire¢tly undertak¢
charitable aciiviii¢s. Suppon cosis includ¢ adminisiraiion. financ¢ and gov¢rnancc cosis whi¢h support
th¢ ¢hariiy's a¢tivilics. Thc basis on which support cosis huvc bcen allocalcd is sc¢ oui ii) Ihc i)ol¢S to the
finan¢ial staiements.
I'AXATION
Th¢ ¢hariiy is ex¢mpi from Corporaiion lax on ils chari1obl¢ 4¢1iviiies.
UNI) ACCOUINTINC.
Unrcbiricicd lunds can be used in accordance with the charitable Objectiv￿ ai the discreiion of ihe
Irustc¢s.
Rcstrictcd fund5 can only bc uscd for particular reslricled purposcs within thc objeLls of ihc charity.
R¢striction5 arise whcn specified by the donor or when funds are raised for panicular restricted puryjoses.
Further explanation of th¢ nature ond purpose of ¢a¢h fund is included in the noteb to the financial
staiemenis.
DLIJTORS
Tradc and other dcbiors are recognis¢d ai th¢ s¢iil¢meni amouni du¢ afi¢r any Irdde discount
ol'l¢red. Prepayments are valued ai the amount prepaid net of any irade di5¢0unts duc.
CIISII AT BANK AND IN HAf*D
Cash at bank and cash in hand includes cash and shon tern) highly liquid investments with a short
mdlurity of three months or1¢55 from th¢ date of acquisition or opening of the deposit or similar
account.
CREDITORS
Page 16
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FtYANCIAL STATEMENfs - continucd
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOULNTING POLICIES- continued
Creditors are recognised where ihe charity has a pr¢seni obligaiion resulting from a past event that will
probably result in ihe transfer of fun(ts io a ihird pany and the amouni du¢ to settle the obligation can be
measured or esiimated reliably. Cr¢diiors and provisions are nomjally recognis¢d at their seiilemenl
amount aftcr allowing for any trdde discounls due.
FIYANCIAL INsTRL'mE￿Ts
The Irust oiily has fiiiaiicial asseis and financial liabilities of a kind ihar qualify as basic finai)¢ial
insiNments. Basic financial insinJm¢nis aff initially recognised ai irnnga¢iion valu¢ and subg¢qu¢nily
Incasurcd ai th¢ir sctil¢i))cni value with ihe ¢xceplioii of bank loans which arc subs¢qucnily InLdsurcd at
amorlised cost using the cffeciii'c in(cresi meihod.
FIXED ASSET IYVF.STMF.P*'TS
Invcsimenis are a tomi ol- basiL financial inslrument and are inilially reLognised at ¢osi and .%ub.%equently
measured ai iheir fair value ai ihe Balance Sheet date using ihe market value. The Siatemcnt of
Financial Aciivitics includcs the nei gains and losses arising on rcvaluaiions il)roughou¢ il)¢ y¢ar.
SIG￿lFICA￿'T JUDC.EMENTS AND ESTIIIATES
ThL lollow'ing jud&Jni¢nis1)av¢ been ii)ad¢ In ¢h¥ proccss of applying the above accounling policies that
have hdd the most significant elTe¢i on amoun15 recognised in ihe financial stateinents..
Apportionment of support and governance ¢osts across rnising funds and Chariiable activilies IgTrant
makin¥l.
DONATIONS AYD LECACIES
31.12.23
31.12.22
DonatiOllS
202.097
198 916
The in¢ome from donations was £202.097 (2022..£198.9161 of whi¢h £202,097 (2022..£198,916 ) was
unTeslricted income and £nil (2022.. £nill was r￿in¢led income.
Pag¢ 17
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FtNANCtAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Ir4VESTMETr•T INCOME
31.12.23
31.12.22
Investmenl income
8,886
755
RAISING FUINDS
31.12.23
31.12.22
Dircct cost5- bank charges
Suppon costs (notc 7)
267
14.586
966
12.968
14.853
CIIARITABLE ACTIVITIES COSTS
Grani
funding of
OCliviti¢s
(se¢ notc
Suppon
¢osis Ise¢
note 71
61
Toluls
Chariiabl¢ activities
233.653
GRANTS PAYABI.E
31.12.23
31.12.22
Charitabl¢ activities
216,500
iii,000
Page 18
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FNANCIAL STATEmE￿rs - continucd
FOR THE YEAR ENDED 31 DECEMBER 2023
GRANTS PAYABLE - continued
31.12.23
Every Life Matters
R,'pplc Suicidc Prcvention
Bcachy Hcad Chaplaincy Team
If U Care Sharc Foundation
Bcarded Fishcrn]an
Shropshirc Menial Health Supwrt
Kintsugi Hope
Pillar Kincardin¢
s￿Ilu1¢ Her
Stable Live5
Suicidc Pr¢veniion UK
Zcst N'onh¢m IrLland
15.000
30.000
17.500
22.000
17.500
10.000
20.000
15,000
15,000
2Q.000
17.500
17,000
216,500
Page 19
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMEN'TS - conlinucd
FOR THE YEAR ENDED 31 DECEMBER 2023
SUPPORT COSTS
The breakdown ofsupports costs and how these were allo¢ated b¢twc¢n 8overnan¢e and other
SUPPOrt costs 15 shown in the table below..
Goi'ernance
relaied
Oiher support
costs
Cosi iyp¢
Total
Administration Charges
Independeni Examinalion Fee
Website Design F¢¢
Bank ¢harg¢s
25,000
25.000
2.300
4.172
534
2.300
4,172
534
29,706
32.006
The breakdown of support costs:
Charitsble
activities
Basis of
allocalion
Suppon Cosis
Raising funds
Governance costs- Independeni Examination
Inl()rmaiion t¢¢hnolo¥y - wcbsitc costs
Adinii)iSlrnlion und Inunagcmcnt cosis
Bank ¢harg¢s - rou¢in¢ bJnk a¢¢ounl Ihanagemeni
2.300 100 charitable
2.086
50..50 splii
12.500
50.'50 Iplii
267
50..50 splii
2,086
12,500
267
14.853
17.153
32.006
The Charity initially identifies ihe costs of its suppon funclions. It then idcntifics those ¢04ts which r¢late
to the govemance function. Having identified its govcrnancc costs, Ihc rcmaining support ¢ost$ 108¢ih¢r
with ihe goiernance cosis are apportioned beiwecn ihc activities undcrtakcii. In thc ycar to 31 Dcccinb¢T
2023. which was thc ihird year of the charily's operations. the focus was split cvcnly bclwccn raising
tltnds io support the charity's aciivities and the programme of grant making that was undenvay.
Page 20
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
TRLSTEES, REMUI%ERATIOY AYD BEI%EFITS
There were no trustees, remuneration or other benefits for the year ended 31 tkcember 2023 nor for the
year ended 31 De¢ember 2022.
TRUSTEES, EXPENSES
There were no trt￿lees' expenses paid for the year ended 31 December 2023 nor for th¢ year ended
31 December 2022.
The rrusiees all give freely iheir lime and expertise wiihoui any fom] of remuneration or oth¢r benefit in
cash or kind. Expenses paid io ihe trustees in the period totalled £nil.
The Charity considers irs irustees io be key management personnel.
COMPARATIVES FOR THE STATEMENT OF FINAI%CIAL IICTIVITIES
Unresiriclcd
Resiricled
funds
fvnd
Tolal
nds
INCOME AND ENDOW.MEI%TS bROM
Donations an(1 l¢b?a¢i¢s
198.916
198,916
Inveslinent income
755
755
Total
199,671
199671
LXPLNDITURE ON
Raisin¥ funds
13.934
13,934
Charitable activities
Charitable aciivities
145.768
145 768
Total
159702
159,702
Nel gains on investmenls
21,965
21,965
L¥ET I.NCOME
61.934
61.934
RECONCILIATIOY OF FUNDS
Total funds brought fonyard
495,751
495,751
Page 21
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMENTS - conlinued
FOR THE YEAR ENDED 31 DECEMBER 2023
COMPARATIVES FOR THE STATEhlEN'T OF FINANCIAL ACTIITITIES - continued
UnrestriLicd
Rcstrictcd
funds
lund
Total
funds
TOTAL FUNDS CARRIED FORII'ARD
557.685
557.685
io.
LEGAL STATUS OF THE CHARITY
The Charity is a company limiled by guarani¢¢ in¢orporaicd in England and has no sharc capilal.
11. NET INCOMEIIEXPEINDITURE)
Net incoinel{expendilurel is Stated after charging Icreditin8)'.
2023
Independen¢ examinalion fee
2,300
12.
IXED ASSE'I. INVEST￿lE.YTs
Listed
inveslnient5
MARKET IIALUE
Ai l January 2023
Addiiions
Revaluations
452.633
8.886
39 039)
At 31 Dcccmbcr 2023
422 480
NET BOOK NALUE
Ai 31 December 2023
422.480
At 31 Dccembcr 2022
452,633
Ini'esiment assets are hcld in thc RulTer Charily Ass¢is Trnsi Fund which is managed by RutT¢r LLP.
The Fund will principally inves1 in the folloiving assd classes= global equities. UK aiid ovcrscas
gov¢rnm¢nt and corporaie bonds and commodities in order to a¢hi¢v¢ the Fund's invesimeni objectives.
Listed investments have been included ai their markei valu¢ as at 31 December 2023.
Page 22
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlDu¢d
FOR THE YEAR ENDED 31 DECEMBER 2023
13. CREDITORS: AMOLQYTS FALLING DUE WITHIN ON'E YEAR
31.12.23
31.12.22
A¢¢rued ¢xp¢ns¢s
10,633
6.183
14.
MOVF.MF.P*T IYI Fuf+iDS
Net
movcinent
in funds
At
31.12.23
Ai 1.1.23
Unrestrlcted funds
G¢n¢ral fund
Lisi¢d Invesimcnts
105.052
452.633
146,410)
30,153)
58.642
422.480
557.6A5
76.563)
481 122
TOTAL FUINDS
557.685
76.563)
481.122
Net mov¢ni¢nt in lunds, included in ihe above are as follows..
InLoming
r¢50urr¢s
Resources
¢xpcnded
Gain5 aiid
losses
Movement
in lunds
Unrestricted fund$
G¢n¢ral fuiid
Listcd Invcstm¢nts
202,096
8.887
(248,506)
{46.4101
30.1531
39.040)
210,983
24¥.506)
39,040)
76,563)
TOTAL FufiDS
210.983
248.506)
39.040)
76,563)
Page 23
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FINANCIAL STATEMENfS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
14.
MOVEMEliT FUNDS- cootinued
Compar4tlves for moyemellt In funds
Net
moi'ement
in funds
Transfers
berween
funds
At
31.12.22
Ai 1.1.22
Unre51ricted funds
General fund
Lisied Invcsinienis
495.751
39.223
22.711
(429.922)
429.922
105.052
452.633
495.751
61.934
557,685
TOTAI. FUNDS
495,751
61.934
557.685
Comparaiivc nei movement in fimds. in¢lud¢d in the abov¢ arc as follows..
Incoming
r¢sour¢c
R¢source$
cxp¢nd¢d
Gains and
losses
Mov¢mcni
in lunds
Unrc5trictcd fundy
CrLiicral lund
Lisled Investmcnis
198.916
755
{159.693)
9)
39,223
22,71
21.965
199671
159 7021
TOTAL Fu￿Ds
199,671
159 702)
A current y¢ar 12 monihs and prior year 12 months combined position is as follows:
Net
mo￿ement
in fw)ds
Transfcrs
between
funds
At
31.12.23
At 1.1.22
Unrcstrictcd funds
General lund
Listed Investments
495.751
{7,187)
7.4421
(429.922)
429,922
58,642
422,480
495,751
14,629)
481,122
TOTAL FUNDS
495.751
14,629}
481.122
Pag¢ 24
continued...

THE ROSE PATERSON TRUST
NOTES TO THE FtNANCIAL STATF.MENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
14.
MOVEMENT IN FUNDS- tontlnued
A curreni year 12 months and prior year 12 months combined net movement in funds, included in the
aboN'e are as follows=
Incoming
resources
Resources
expended
Gains and
losses
Movcmciit
iii funds
Unrestrictcd funds
General fund
Lisied Invesiments
401.012
9.642
(408,199)
91
(7,187)
7,4421
17.075)
410,654
408.208)
17,075)
14,629)
TOTAL FUNDS
410.654
408.208)
17.075)
114.629)
15.
RELA'fED PARI'Y DISCLOSURES
There were no rclaled pany transactions for th¢ peTiod ended 31 December 2023 other than already
discloscd in Ihc noies lo ihe financial slatein¢nts.
16.
ULTIMATE CONTROLLING PARTY
The Charity is conirolled by the Board of Trustees.
Page 25

THE ROSE PATERSON TRUST
DETAILED STATEMENT OF FtNANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
31.12.23
31.12.22
INCOME AND EN'DOWMEI%TS
Donations and legacies
Dondlion5
202,097
198,916
Investment income
8.886
755
Total Incoming r¢sour¢es
210,983
199.671
EXPLINDITURE
Cllarilable aLtivitie5
Grants 10 insiitu¢ions
216.500
131.000
Supporl c0515
lJnJkJcmcnl
720
216
25,000
Wcb.4itc cost
Maiiil&7Lnicnt and administrntion
4,172
25.000
29.172
25,936
Finance
Bank ¢harges
534
Y66
GovernAn¢e Costs
Indcpendent exainination fee
1,800
Total resources expended
248 506
159702
Net {expendlture)Ilncome before galns and
losses
(37,523)
39,969
Rea115ed recognlsed galns and losses
Rcaliscd gainsll105s¢sI on fixcd asset
investments
39,0401
Net (expenditur¢>lincome
76.563)
61.934
This PaE¢ does not forn) pan of the ststutory financial statements
Page 26