REGISTERED CONIPANY IUMBER: 13091863 (England and Wales) REGISTERED CHARITY NUMBER: J 193191 REPORT OF THE TRUSTEES AN'D UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE ROSE PATERSON TRUST Malthouse & Company Chartered Accountants & Business Advisers Malthous¢ & Company 1$ ihe trading name of Malihouse & Company Limit¢d regisieied i# Englalld no. 3576518. VAT registration no. 926 720.123 Regisiertd offire". Am¢nra Hous¢, Rumforil Couti, Rumfoid Plar¢, LJK'erpool L3 9DD Registered io on alldit work in the UK, regulated for a rdnge of invesltneni business activit1¢5. and licensed lo raTry oui the re5¢rked legal a¢livi¢y of non-conieniious probate in England and Wales by ihe Inslitute of Chartered Accounlants in England and Wales. ¥..nIa11h0u5e.Con1
THE ROSE PATERSON TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Pagc Report of the Trustees Independent Examiner'5 Report 9 10 10 Statement of Financial Activitie5 Balance Shcei 12 to 13 Noics to ihc Financial Siaiemenis 14 10 24 Detailed Statement of Financial Activities 25
THE ROSE PATERSON TRUST REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The tNstees who are also direciors of the charity for the purposes of the Companies Act 2006, present their repori wilh thc financial statcn)cnts of the chariiy for lh¢ year ended 31 Deceniber 2024. Th¢ irusi¢¢s have adopted the provisions of Accounting and Reporting by Charili¢s'. Siaiement of Re¢omm¢nded Pracli¢e applicable io charities preparing iheir accounis in accordance wilh the Tr inan¢ial Reporting Standard applicable in rhe UK and RepubliL of Ireland IFRS 102) {effeciive l January 20191. OBJECTIVES AP*'D ACTIVITIES Objectives and aims 1.he chariiy s¢¢ks thL' promotion for public InefIt of good physical and m¢ntal hctsl¢h and th¢ pr¢i'cnlion andlor r¢li¢f of poor physical an(Vor mcntal ill li¢alih and suttcring. by such charilablc nicans as tlie trustccs Inay tliii)k fit from ¢ime to ¢imc, including but not limii¢d to.. Providing, or assisting in the proi'ision of, setvices or support related 10 Suicide prevention and bereaveinent support such as (but not limiied 10) adviie an(1 counselling services- andlor the provision of grants andlor any oihcr fornis olassistan¢¢ and suppon to such chariiies and for sucl) charitable projec¢s, serviccs ai?d acliviiics as th¢ Itusl¢cs niay r¢gard as appropriate froin liinc to liine. The Rose Pai¢rson Trnst is a non-partisan organisalion and docs noi seek to inculcaie or proniole a particular point ol-view. It was estdblished by the Paterson family following the deaih of Rose Paterson in June 2020 and seeks to rdige and dig¢ribu(c funds to support organisaiions ivho work to prei'cnt suicide. Diiring tl)e period ¢nd¢d 31 Dcccinbcr 2024, the charity r¢ceivcd donarions of £291,414 (2023.. £202,097) Page I
THE ROSE PATERSON TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJF.CTIN'ES AN'D ACTIVITIES
Significant activities
Thc charily was cslablished in 2020 following ihe de¥th of Rose Paierson in Jun¢ of that year. Our Inission is lo
support the organisations and individuals combatting ihe suicide epidemic. If we can help save just one faniily
Iroin the trabTedy of suicide, this ini¢iaiive will have been worth it.
The Ro8c PatCTson Trust has bccn born out of the immensc pride Rose's family hove in h¢r and thc depth of thcir
dcspair al facing life withoul hcr.
It is a privilcgc to prescnt our fourth annual rcport. Thc Ros¢ PaicTson Trust has now compleicd thrcc rounds of
Grant iy)oking followiiig 5cvcral ycars of succ¢ssful fuiidraising. li is wonderful to honour aiid reineiiiber Rosc iii
this way. by h¢lping io save many lives across lh¢ country.
The Rose Paterson Trust works with the CSJ Foundation to scek oul some of the best suicide prevention
Lhariti¢s and administer a programme of Grants to supporf their work. Each y¢ar we identify and longlist
prospective grantee.s and caTry these applieations through to payment of grdnts and progre.%s reporting.
Dliriiig 2022 we supportcd s¢v¢n suicide preveniion ¢hariiics with granis tolallii)g £131.000. Our reporling
sl)owcd thai w¢ h¢lp¢d th¢s¢ ¢hariliCS fLach 850.000 p¢opl¢ through innovaiiv¢ technology and a furtlicr 8.164
p¢opl¢ in person. li was report¢d ihat 7.388 liv¢s had been ¢hanged, and 01 leasi 231 ljiees directly saved. We
wer¢ d¢ligJhted io $hare (his Pro¥Jress Report during 2023, which has been published on our w¢bsiie.
Durinb 2023 we nearly doubled our giving following successful fundrai$ing iniliatives. We disiribuled grants
iotallinb? £216,500 ¢0 twclvc suicid¢ pr¢v¢niion chariiics. fiv¢ of whoin w¢r¢ Gr3ni¢¢s coiitinued from 2022. Our
Chainnan, Owcn Paterson, has eoinn?ittcd lime to visit each of ihese Grnntees across ihc country aiid lias
wiliicsscd Ihcir life.saN'ing work firsthand.
Diiring 2024 we again in¢r¢ased our grant programm¢. d¢i¢rniin¢d to proi'ide support for our oulstai)ding
Franlees who are lightin8 ¥ui¢id¢. We disiribiiied a ioial of £2¥0.000 io eighieen suicide preveniioii cliarilics. All
twelv¢ grani¢¢s Irom our 2023 prosramm¢ reccived CQniinu¢d support, wilh fiv¢ of these noiv in their third ye
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OBJECTIVES AND ACTIVITIES Pillar KinLaidin¢ R'pple Suicidc Prcvention Salute Fler Scarborough Survivors Sl)ropshire Menial Health Support Stablc Liv¢s Sui¢id¢ Crisis Siii¢id¢ Prevcntion UK Thc Marlin Galli¥r Projcct Zcst Northcni Ircland CrLative Community Options The Listening Place £IO.(M £20.000 £10,000 £15,000 £15.000 £20.000 £1 0.000 £15,000 £15.000 £15.000 £15.000 £30,0 £15,0 £16,000 £20,000 £1 0.000 £20.000 £20,000 £17.500 £17.0 £io.000 £25,000 Towards il)e end of each reporting period. grantecs are asked to Coinpleie a Progress Report. Thc docuinent whicl) reports on the grants Inade in 2024 ivill be rclcased ioward th¢ end of 2025. Ai th¢ iinic of wriiii)g, Ihe Trantees arc still in th¢ rLporting pcriod. Wc ar¢ ca¥crly aM*iling Th'hai ivc cxpccl to bc increascd impa¢1 'Ith morL PLopli b¢ing r¢a¢li¢d, livcs being Changed, and lives bcing savcd. Wc nevcr ccase to be amazcd by thc in¢r¢dible work of our &Trnnlces. Ubing vnly Ihe result5 frum the 202.1 an¢J 2022 rounds. of grants, Ihe Trustees are delighied tv report cuinu121ii'e Ii&Jure% of an inLredible 2 million p¢opl¢ rea¢h¢d, over 81,th)O live5 touched (low iinpact inlerventions), Liver 21,000 IIVLS changed IhibTh impa¢1 int¢n'¢niions) and 1.298 lives savcd. li is likcly ihcsc tolals, particularly livcs savcd, is significantly higher. bu( gaih¢ring and quantifying this dala is coinplcx. Bascd on this inforniation wc are fuifilliiig our mission and savinbl many fainilics from thc Iragedy of suicidc. Tlii5 work 15 a CTLdit lo the fantastic dcdicalion and commilm¢ni of our Groni¢¢s. small bul mighty ¢h.?riti¢s spread across the country, de¢ply ¢nibedd¢d in ¢omn)unili¢s. and tir¢l¢ssly saving livcs. Froin all ol. us ai The Ros¢ Paierson Trust. thank you. The Trustccs would like to take this opponunity io ihank the hard work of the ¢hariii¢s and thank thc generoLIS siipport of Olir donors. Without the compassion of our donor8 and th¢ dcdi¢aiion of the frontline charitie8 the above results would not be possibl¢. Hundreds of wiv¢5. hu5bonds, bro(li¢rs, sislcrs, fath¢r5, mothers, sons and daughicrs would not be aliv¢ ioday. and thousands more would b¢ suffcring. Fundraising cffort5 wcrc ongoing throughout 2024. Felix Palerson. Rose's eldest son, completed a 48inile run in 48hours, raising approximaiely £25,000 and greaily increasing suicide awareness. During 2024. Ned Paterson, Rus¢'s younger son, ¢ompl¢i¢d an in¢r¢dibl¢ I Imil¢ sivim raising £50,000, vcry much ke¢pingt ihe spoiligiht on the iiiiportani issue of suilide prevention. The Trust widely promoied Ned's mission wilh our supporters and across social mcdia channcls. Pag¢ J
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OBJECTIVF.S AND.4CTIN"ITIF.S Oilier activiiies El)roiighout 20?4 included the promotion of the grnnt¢e results, with the incrcdiblc outcomes shared wid¢ly across muliiple platfonns. The Trusi also h051cd scvcral cvcnls, which included an auction and several privat¢ dinners. We are verv grateful io our bosis. offering your liine and effon lo help advance our crucial work. The TrustCC5 'OU[d a150 likc 10 share a special thanks io Mail Ridley, Rose's brother, for providing a wonderful dinner with friends and stakeholders. many of whom 'ent on to .support tli¢ Trust with generous donations. Plaiis are in place for funher ndraiSing activity Ihroughoui 2025. particularly focusing on the publi¢atioii ofthe 2024 rL5ults. Thc Truslccs are commillLd lo keep sprcadiiig ih¢ faniasiic work of our granlces, keep SUPPOning the scclor, ai)d kccp proiiioting the Trusl's Iiiission to prevcni sui¢ide. Public benellt Tl)L Irust¢Ls have referred to the guidance coniained in the Charity Commission's gerteral guidance on piiblic benelit when reviewing Iheir aims Jnd objectives and when planning for future actii'ilies. In particular tlie truiiees consider how pl4inned activilies will contribuie io ihe aims and objeciives they have set. STRATEGIC REPORT AchiL'i'ement5 and performance Charltable #¢tii,Iti¢s Durinb th¢ y¢:Ir, donations w¢r¢ r¢¢¢iv¢d of £291,414. The trustees consider ihal the overall result for the period is in line with ¢xp¢¢taiions. inanci1 reyic InanLial position Tl)L charity rclics on donations, inv¢slmenl income. and bank intcrcsi for income. Thc Siui¢inci)t of Finaiicial Aciivitics is sct OLII on pag¢ I l. Toial incominbTr reWur¢ for ihe period ainounled lo £304,103 12023.. £210,983). Aftcr administrative cxpcnscs and charitable cxpcndilurc of £311.579 (2023.. £248.506) and i?105S on invesini¢nlb 01-£20,715. (2023 £39.040) the net deficit for (hc pcriod Jmounied 10 £21S.191 (2023 £76,563). Reserv¢s at 31 Dccember 2024 iotal £452,93112023.. £481,122). The trustees have appointed invesimeni managemeni company Ruffer LLP { Weatherbys posi year-ei)d) to acquire and disposc of invcstmcnis. as the trustccs r¢quir¢. The inv¢qtmenis are hLld 10 generatc incomc which is to be applied to meLt the charits objects. Thc trust¢¢s hav¢ weighed up the cash requirements of the Trust for the nexi 12 months prior to makin¥ invcstincnls. They have adopted d poli¢y ol- holding a minimum of £40,IM)O as cash at bank to cover annual running costs plu5 budgeted aniounts to b¢ di51ribut¢d as part of lis 8rani Inaking strategy. Page 4
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRATECIC REPORT Flnan¢5al revieiv Jni'c5tmcnt policy and objecti&es The Rose Patcrson Trust's invesiment policy is to preserve the capital value of lunds which have been Tetaii)cd for future distribution. The Trustees have appointed Weaihcrbys to manage ini'esimenis on behalf of the Trust on a di5ereiionary basis, transferring managemeni from Ruffer Ll.P (March 2025). This mandat¢ prioriiises capital preservation. A sccondary objective is capiial gromh to maintain ihe real value of inv¢s¢ments and. Ivhere suitable. increasc the capital availablc for futurc distributions. Thc overall atiitudc toward ini'cs¢men¢ risk is mcdium lo low, b¢st dcsLrib¢d as balanced to cautlOU5. Invcstcd funds are dcsignated for future grdlits. therefore thc Trustccs ,111 not lake ui)Iieccssary capiial risk. Dcci5i01IS will bc made in 11 ccordclncc with profLssional guidance. which will considcr thc manda¢e and r¢quir¢mcnls of the Trust and ihe prevailing mark¢l conditions. All investsnenis held arc div¢rsifi¢d to mitigate Specific risk. uture plllns Looking aliead to 2025 Ihe Trusiees are focused on keeping ihe momentum of The Rose Paterqon Trust. l.'or Ihr¢¢ cons¢iuiii'¢ years ihc Trust has delii'cred successful &Jrant progTramines, and ihis will coniinuc inio the fourth ycar. R¢laiionqhips wilh grani¢¢s ar¢ siroi)g, with several graiiiecs now Inultiycar partncr% wilh ih¢ Trust in ili¢ fighi against sui¢id¢. Th¢ CSJ Foundation ¢oniinucs io manage thc Trust on bchaif of TNsl¢¢s. with Cliainnan Owen Paterson visiting and 5pcnding lime wilh our 8raniees on an ongoing basis. Th¢ Tnislees are immenscly proud of all grantees over the severdl years of grant making. Thc Pai¢rson Fainily dre ¥omn)itt¢d 10 mainiain Ihe prcsen¢e and delivery of Ihe Trusi. funhcring Ihe support direLt¢d loward %niall, fronilinc chariiy chaimpions. Th¢ probl¢m of suicidc r¢inains ¢nirenched. and there is plenty more lo bc doi)¢ in thc fight a&vainsi 5uicid¢. Many livcs have becn savcd. bui ihcre arc many p¢opl¢ siill losi, and the lives of lo%'cd 01)cs bligl)tcd, by ihis tragTcd)'. As with prLI'iOUS yeirs, Ihc Trust will longlisi brilliant charitics and conduc¢ an ini'iiaiion only application pro¢¢ss. Many of Ih¢se will include our existing grdntees. with in¢crvicws uscd io de(¢miin¢ s11iiability relalive io th¢ Trust's r¢sour¢¢s, with funding d¢cisions iaking place towards the end of 2025. Granis will coniiniie lo be mad¢ on an unrestri¢t¢d ba%is, unl¢ss in ¢x¢epiional circumslances. The only criteria placed oii Branl¢¢s will be to focus on Suicide prevcniion M'ork and io ¢ompl¢ie a Progress Report once a six-montli p¢ii()d has been complcied. To all of our supporters and donors. to all of OUT past granlees. to all of our grantees currently in r¢¢eipl of lunding, and to all of th¢ ¢x¢¢piional projccis, charities. and people combatting suicidc across th¢ UK; Il)ank you I'rom The Rose Pater50n Trusl. To anyone Siruggling wilh suicide ideaiion and mental health problem5, know you ar¢ not alone and help is out there. The Trust's mi55ion is to support organisations and individuals combatting the suicide ¢pid¢niic. The Trustees l)avc always said, if lye can help save just one family from the tragedy of suicidc, this Lnltiative will have bccn worth it. W¢ b¢li¢iie we are achieving our mission. and wc look forward ¢0 continuing this mission for many years to come. Page 5
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOI'ERNANCE AYD MANAGEIENT Goi'ernin2 do¢umcnt Thc chgrity was cstablishcd by a Memorandum and Articles incorpordicd 21 Dcccmber 2020 as amended by certificate of incorporation on chang¢ of name daied 05 Febtijary 2021. The charity is regisier¢d with the Cliai'ily Comniission. number 1193191. The chariiy consiiiuies a limiied ¢oiiipany. liiniled by guwaniee. as d¢fincd by Il)e Companies Act 2006. Re¢ru5tment 8nd appointment of new tru5tee5 roiii)diiig7 iiicinb¥r% hai'L ih¢ poivLr to appoiiii neiv ttustees at]d to rcniove and replace irusle¢s. Trustccs who are not founding? mcmbcr5 arc appoini¢d for a fixcd iemi and r¢iir¢ ai Ihc cnd of tl)at tcmi unl¢ss r¥-appoii)ted by thc founding iiiembcrs. A new trusice or ¢rusie¢s may appoini¢d at any tiine but 50 that ihc total nui1)bcr of Iru5tLCS shall at no time exceed scven. Any new Irust¢¢ or trustecs would bc appointed by refcrenc¢ lo Ih¢ir abilities io operaie a ¢harity of ihis natur¢ and th¢ existing ttustees would ensure al all limes that they were thus compelcnt. The charity is op¢rat¢d by its board of Trustees who are responsible for all decisions undertaken. Decision making The board of trustccs meets four liincs ycarly to adminisicr ihc charity. The charity's managcmcni, finan¢¢s. and operations are supported by the CSJ Foundalion (cotnpany number 13382551). Ilisk nillnakieniLint Tli¢ TruslL¢S hav¢ a duty lo idenlify and review ihe risks lo which ihe charity is exposed and to ei)sure IpprL)priot¢ controls ar¢ in place to proillidc rea%onablc assurance against fraud and crror. The Tnisiccs hav¢ ass¢qscd the risk% io whi¢h lh¢ ¢hgrily is or may bc cxposcd, parlicularly tho.%¢ whi¢h rclale to thc opcrations and finoncing of thc ¢hariiy. They are satisfied that thc cxistii)g sy5t¢ms which ar¢ ii) place lo prolLCt against risk are adequate to miligaic ihc chariiy's exposur¢. if any. Such systems are revicwcd at Icost annually. ol'allnal risk is m2nag¢d through th¢ Charity's management service. The seTvi¢es provided by the CSJ Foundation are robust and in accordance wilh their iniemal procedures. Research and du¢ dilibvenee regarding potential grantc¢s is thorough, as is lh¢ handling of all financial infomiatiort and ¢fforts to ideiitify any ic8U1ar1t1cS or polcnlial fraud. Invcstment risk is managed through thc appoin¢cd invcstm¢nt company. The setvices provided by Ruff¢r LLP al'e professional and fully rrgulai¢d. Th¢ mandate {as discussed in 'lnvcstment Poli¢y') priorilises capital preservation alongside groth opportunities. Th¢ l¢v¢l ol risk is best describcd a5 balan¢¢d (o cautious, and underlying investmenls are fully divcr5ificd. The Trustees will ¢oniinue to follow professional guidance with respect lo any investment d¢¢isions. The principal risk faced by the Trus¢¢es ¢on¢¢rns a decrease in funds raiscd from fundraising actii'itics. Fundraising strategy and thc long-tem susiainabiliiy of ihc Charity is regularly dis¢uss¢d. A range of activitlC5 are iised to maximise donation-bascd iD¢oine eaeh year. The TNsiees coiisidcr tl)¢ risk of reduced incoiiic to bc sufficiently managed. Page 6
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERF.NCE AND ADNIINISTRATIVE DETAILS Registered Companv nuniber 13091863 (England and 14'ales) Registered Charity number Regi$lered offlce Aincrica House. Runiford Court Rumford Place Livcrpool Mer%Lysidc L3 9DD Trustees O W P¢lterson F C Piiicrson E O Paicrson Miss E. R. Paicrson Ind¢p¢ndent F.xamlner Giiy PldS'fLr BA FCA Maliliouse & Coinpany Chartered Ac¢ouniants Amcricc1 Housc. Rumford Court Ruinford Placc Live001 Mcrseyside L3 9DD Page 7
THE ROSE PATERSON TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers Wcatlicrby5 Bank Sanders Road Wellingyborough Northainptonshire NN8 4BX Inyeslment rnanthgers Pre Marcl) 2025 Ruffcr LLP 80 Victoria Street Lonilon SWILSJL Posi March 2025 Weaihcrbys 22 Sackvillc Street London WIS 3DN Report of the irustees, incorporating a sirategic rert, approved by order of the board of trustee5, as (he company direcior5, on . and signed on ihc board's behalf by: O W Paterson - Trustee 25.9.25 Page 8
INDEPENDE[ EXAMINER'S REPORT TO THE TRUSTEES OF THE ROSE PATERSON TRUST Independent examlner's report to the trustees ofThe Rose Palorson Trust ('the Company,) I rcpoft io th¢ ¢harily trustees on my examinathon of ihe actounis of the Coinpany for thc year aided 31 December 2024. Responsibilitie5 and basis of repDrt As the charity's irus(¢¢s of the Company (and also lis dire¢lors for ihe purseS ol company law) you al'e responsible for ihe preparaiion of the a¢¢ounis in ac¢ordan¢¢ with lh¢ requir¢in¢nts of the Coinpanie5 Act 2006 {'Ihe 2006 Act'}. H1¢ vingy qalisfied myqclf rhai the accoun¢% of ihe Compan}, arc noi requir¢d to bc audited under Part 16 of tl)e 2006 Act aiid arc eligiblc for indepci)dent cxaininatioii. I report in rcspccl of illy cxamiiiation of your charily's ¢¢ounis as ¢arri¢d out undcr S¢¢iion 145 of ih¢ Charities A¢1 2011 I'ih¢ 2011 Act,). In carrying out Iny cxoininarion I have followed ihe Direciions given by ihe Chariiy Coilmiission under S¢¢tion 145(5) (bl of the 2011 A¢1. Indcpendcnl txamlntr'$ slattment Sinic yoiir Lharily'% ¥ro4s inconie exceeded £250.OIK) your examiner must be a member of a listed body. l lan eonlirm ihat l aiii qualified to undertake the examination because l arn a Mnber of the Institute of Chaner¢d ALcountanis in England and Wales, which is onc of ihe lisicd bodies. I hav¢ ¢ompl¢icd n)y ¢x#minaiion. l ¢onfim) ihai no maiters have com¢ to my ailenlion in conncclion witl) ilic exainination ¥iving mc caEise to believe.. accounting records were noi kept in respect ofthe Company as required by Section 386 uf ihe 2006 A¢t', OT the a¢¢ounis do noi accord ivith ihosc rccords; or Ilic accounis do not comply with the accounting rcquircincnls of Scction 396 of tl)¢ 2006 Aci othcr Ihan any requirenicnt (hal the accounls gil'e a Irue and fair le. which is not a maltcr coiisidcred as parl of an indcpcndenl examinalion.. or thL <lLcounts h7V¢ not ¢rt pr¢par¢d in accordanc¢ with th¢ m¢ihods and prin¢ipl¢s of Ihc SIiL ILnient of Recoiiimended Practice lor accounling and r¢porting by ¢hariii¢s (applicable io charities preparing (hLir a¢¢oiints in accordance iviih (h¢ FitLan¢ial Rcporting Siandard applicable in the UK and Republi¢ of Ireland {FRS 102}). I havc no coneems and hav¢ ¢om¢ across no other matters in conn¢ciion with lh¢ examination to whicli attcntion should b¢ drawm in ihis r¢port in order to enable a prop¢r understanding of the accounts to be reached. Page 9
tNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROSE PATERSON TRUST Independent examiner's statement I have coinpleted my examination. I confirn) that no matters have come to my attention in Connection with ihe cxainination giving mc cause to believe.. l. accounting rccords wcre not kept in respect of the Company as requId by Scciion 386 ofihe 2006 Act; or 2. the rcvised accounis do not accord H'iih Ihose records. or 3. the revised accounis do noi comply wilh ihe a¢couniing requiremenis of Seciion 396 of the 2006 Act oiher than any requirement thai the r¢vised accoun giv¢ a irue and fair view which is not a mauer consideied as part ol an independeni examinaiion; or 4. the rcviscd accounts h2 v¢ noi b¢¢n prcparcd in accordance wilh ihc m¢ihods and principlcs of the Siatcment of R¢comin¢ndcd Pra¢iice for accounting and rcporting by charilics {applicable to charilies pr¢paring their accounts in accordancc with thc Financial Reponiiig Siai)dard applicable ii) thc UK ai)d Republic of ITclaiid {FRS 102)). I havc no conc¢ms and have Come across no other mailers in conncciion wilh the examinaiion io which atlcntion should be drawn in this report in order to enable a proper understanding ofihe revised accounts to be reached. Guy Playfer BA FCA MalihousL & Company Chartcred Accountanis America Flousc, Rumford Court Ruinford Place Livcrpool Merscysidc L3 9DD Date.. g,. Page 10
THE ROSE PATERSON TRUST STATEMEMf OF FINANCIAL ACTIIIITIES (INCORPOK4TING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total fund Unrcstricled filnds Restrictcd fund Not¢s INCOME AJ'D EYDOM'NIEINTS FROM Donation% and ligacie% 291.414 291,414 202,097 Invesimenl income 12.689 12,689 8,886 Total 304.103 304.103 210,983 F.XPENDITURE ON Raising funds 14.759 14.759 14,853 Charitable activities Cliarilabl¢ activities 296.820 296,820 213,653 Total 311,579 311,579 248.506 Nel gainsf{loss¢q) on investments 20.715) 20.7151 NET INCOlE/(EXpF.pDITuRE} (28,191) {28.1911 (76.563) RECONCII.IATIONI OF FUliDS Tul&il ILiiids biouglil Ionv1i rd 481.122 481.122 557.685 TOTAL FUNDS CARRIED FORIVARD 452.931 452,931 481,122 Th¢ noi¢s fom part of ihese fmancial staiemenis Pagell
THE ROSE PATERSON TRUST BALANCE SIIEET 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds Unreqtricled funds Restricted fund Notes FIXED ASSETS Invesiments 12 414,454 414,454 422,480 CURREIIT ASSETS Cash al bank 42,860 42.860 69,275 CREDITORS Aii)oui)Is falliiig due within one year 13 (4,383) (4.383) {10,633) NET CLRRENT ASSLTS 38.477 38.477 58,642 TOTIIL IISSETS LESS CURRENI'T I.IAIIII.II'IF:S 452.931 4S2,931 481.122 NET ASSETS 452.931 452.931 481,122 14 UnrLslricied funds 452.931 481.122 TOTAI. FUINDS 452 931 481 122 Tlic charit47bl¢ company is eniiil¢d to cxempiion from audii under Section 477 of thc Companies Aci 2006 for the ycar cndcd 3 l Dcccmbcr ?024. The mLmbers hcive not Tcquircd thc company ¢0 obiain an audii of lis financial slatem¢n¢s for tl)¢ year cndcd 31 D¢c¢mb¢r 2024 in accordance with Scclion 476 of ¢he Compani¢s A¢1 2006. The trust¢¢s acknoivled8¢ (heir respvnsibililies for la) enSLiring that the charitable company k¢eps accounting records ihat comply wilh Sections 386 and 387 of Ilic Companies Act 2006 and (b) preparing financial stlc tement5 Ivhich gil'e a true and fair view of ihe state of affairs of the charilable ¢ompany as ai the end of cach financial ycar and of its sulplus or dcficii for cach financial y¢ar in a¢cordan¢¢ with th¢ requirements of Sections 394 and 395 and which othenvise comply wi(h the rcquircmen15 of thc Companies A¢1 2006 relaling to financial statcmcnts. so far as applicablc to the charitable company. The notes fonn part of these financial statements Page 12 continued...
THE ROSE PATERSON TRUST BALANCE SHEET- continued 31 DECEMBER 2024 Tliese financial statements have been Prared in accordance wilh the provisions applicable to ¢haritablc ¢ompanies subjeci to (he small companies regime. The financial statements were approved by the Board of Trustccs and authoriscd for issu¢ on 25 Scp.tcmbcr 2025 and were signcd on its behalf by.. F C Poterson - Trnstec The noles fomi part of ihese financial 5tatcm¢nts Page 13
THE ROSE PATERSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED il DECEMBER 2024 ACCOUNTIYL G POLICIES BASIS OF PREPARING THE FINANCIAL STATE.MENTS The financial siaiemenis of the chariiable company, M,hich is a public benefii eniity under FRS 102, h¢ive been prepared in accordance wilh the ChaTiiies SORP (FRS I O?) 'A¢¢ouniing and Reporting by Charities.. Siaiemeni of Recommended Practice appliLable to chariiies preparing their a¢Lounis in aceordancc with Il)¢ FinRn¢ial R¢porting Standard applicable in the UK and Rcpublic of Ireland IFRS 102} {cffcctive I JanLiary 20191,, Financial Rcporting Siandard 102 The Financial Reporting Standard appli¢abl¢ iii ih¢ UK aiid Republic of Ireland, and ihc Coinpanies Act 26. The financial 4¢aiem¢nis have bccii prcparcd uiidcr the historical eosi convcntion, with ¢he ¢xcepiion of inv¢stmcnts whi¢h arc included at markci valu¢, as ii)odified by thc revaluation of certain asseis. The trustee5 consider that there are no material uncertainiies aboui ihe Chariry's ability to continue a5 a going concern. INCOII IE All inLoin¢ is rccognis¢d in lh¢ Staicmcni of Financial Aciii'iiies once thc charily has cntitlc111enl io lh¢ funds. it is probable tha¢ thc iiicomc will bc r¢ceiv¢d and Ihc amouni can be iiieasiired rcliably. Donations are recognised when the charity has been notified in wriling of boih the aniouni and seiilement dale. In the eveni thai a donation is subjecl to condilions (hat requir¢ a l¢v¢l of p¥rfvmianLe belor¢ the chariiy is eniiile¢J 10 Ihe funds. the income is deferrcd and ntsi r¢¢ogFnised Linlil either thos¢ Londitions are fully mei. or the fuifilmeni of ihose condiiions is wliolly within the conirol ofih¢ ¢liariiy and li 1.8 probabl¢ thfji tho.se conditions .711 bc fulfillcd in ihc rcporling pcriod. Donaied services are rccogniscd as income whcn Ihc charity h)$ conirol ov¢r the ilem. any condilivns as.%ociaied wilh the donaied item havc bccn mct, the rcccipl of ccoiion)i¢ b¢nefit froin the usc by the charity of th¢ itcm is probable and thai economic benefit can bc mcasurcd rcliably. On re¢¢ipt, donai¢d professional services and donaied lacililies are recogniscd on the basis of the value of tlie gift lo ihc charity iyhich is the amount the ¢hariiy would have been willing to pay to obtain scrYic¢s or faciliti¢s of ¢quival¢ni ¢¢onvmic benefit on the open market. a corresponding amount is then recognised in exp¢nditur¢ ii) th¢ p¢riud of r¢c¢ipl. F.XPEN'DITURE LiJbiliiiLs arL' rLcognised as expenditure as soon as there is a legal or ¢onstruciive obligation committing the charity to that expenditurc, it is probablc thal a tr#nsf¢r of ¢¢onomic bcnefils will bc rcquir¢d in settlement and ihe amount of the obligation can be measurcd rcliably. Exp¢ndiiure is accounted for on an accruals basis and has been classified under headings thal aggr¢gat¢ all ¢ost relaied to the category. Wlicrc costs cannot b¢ directly aiiribuied to particular headings Ihcy havc been allocated to activities on a basis consistent with the use of resources. Irrecoverabl¢ VAT is charged against ihe expenditure hcading for which it was incurred. Graiits payabl¢ are paymenis made to third parties in lh¢ furth¢ran¢¢ of the charilablc objccts of thc charity. In thc ¢asc oran uncondiiional grant offer thi5 is accrucd once lh¢ recipient has been notified of the grant award. The noiification gives the recipient a reasonabl¢ expectation that they Page 14 continu¢d...
THE ROSE PATERSON TRUST NOTES TO THE FfN'ANCIAL STATEMENTTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCoUTIl,C POLICIES- continued EXPENDITURE will receive the one-year or mulii-year groni. Grants aivards ihat are subject to lh¢ recipient fulfilling perfomiance conditions are only accrued when ihe re¢ipieni has been nolified of the grant and any r¢inaining unfuifllled condiiion allaching to ihat grant is outside of the control of the charity. Provisions for grants are madc when the intention to make a grani has b¢¢n communicatcd to ille rccipicnt but thcrc is un¢¢rtainiy as io lh¢ liming of the graiit or ihc ainoui)i of grani payablc. CHARITABI.E AcfiviTIF.S Exi)ciidiiiifL on ¢liari11ble 42CllI'ltie5 includes governance cosis and an apportiotuncnt ol'support cost5. ALLOCATIO1% APD APPORTIOI%MENT OF COSTS Siippon Costs ar¢ those functions thai assist the u'ork of the chariiy but do noi directly undertake charitable activities. SLlPPOrt cosis include administrntion, financ¢ and governance cosis which qupport IhL Lharily's aciiviii¢s. The basis on which support Costs havc bcci) allo¢ai¢d is sct out in the iiolcs to (he financial sialcmcnis. TAXplTION The Charity is ex¢mpt from corporalion lax on lis chariiable aciiviti¢s. u,D ACCOUNTING Unrcsirictcd funds Can bc used in a¢eordance wilh the charilablc objcctiv¢s at il)e discretion of Ilic (rustces. Rcsiricled funds can only bc uscd for pani¢ular r¢siricied purposcs within ihc obj¢¢is of th¢ chirity. Resirictions arise when spccificd by lh¢ donor or wh¢n funds are raised for particular r¢s(ri¢i¢d purposes. Further explanation of ihe nature and purpos¢ of each fund is included in th¢ nol¢s to the financial siaiements. DEBTORS Trade and other debior5 are reco8niscd at the s¢iilement amount due aficr any trade discount oll¢red. Prepayments are valued at ihe amount pr¢paid net of any Irdde discounts due. CASII AT BAIYK AND If HA.YD Cash al bank and cash in hand includes cash and short tenn highly liquid investinenls with a short matUTity of thre¢ tnonths or less from the date of acquisition or opening of ihe deposit or siiiiilar account. Page 15 continued...
THE ROSE PATERSON TRUST
NOTES TO THE FtXANTCIAL STATEMEN'TS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES- continued
CREDITORS
Crediiors are recognised 'here ihc chariiy has a pres¢ni obligation resulting from a past event that ivill
probably resuli in the iransfer of funds to a ¢hird party and the amount due to settle the obligation can be
measured or esiimated reliably. Credilors and provisions are nomially recognised xi Iheir seitlcment
amouni aft¢r allowing for any trade discount8 due.
FINANCIAL INSTRLMEINTS
Thi Irusi only hls financi7[ asseis and financial liabilili¢s ora kind ihat qualify as b85ic financial
insirum¢nis. Basic financial inslruiiicnls are initially r¢cognised ai transaction i'alu¢ ai)d subscquciitly
m¢2 sur¢d I their seltlcment valuc with the exccplion of bank loans w,hich are subs¢qu¢i)(ly mc
THE ROSE PATERSON TRUST NOTES TO THE FtNANCIAL STATEXqENTS - continued FOR THE YEAR ENDED 31 DEC"EMBER 2024 IPVESTMEINT INCONIE 31.12.24 31.12.23 Inveslmenl income 12,689 8.886 RAISI?G FUNDS 31.12.24 31.12.23 Direct costs - bank chargcs Siipport cosis Inolc 7) Invcstiiient managcment costs 467 14.052 240 267 14,586 14.759 14,853 CHARII'ABLE ACTIVII"IES COSTS Grant funding of acliviiics (see nole Support C051s (see notc 71 6) Totals Charitable activities 280.000 16.820 296.820 GRANTS PAYABLE 31.12.24 31.12.23 Charitable activities 280.000 216.500 Pag¢ 17 continued...
THE ROSE PATERSON TRUST NOTES TO THE FINANCIAL STATEMENTS - conlinued FOR THE YEAR ENDED 31 DECEMBER 2024 GRANTS PAYIlBLE- continued 31.12.24 Every Life Matters R,'pple Suicide Prcvenlion B¢a¢hy Head Chaplaincy Team If U Car¢ Share Foundaiioi) Bcardcd Tr ishcman Shropshirc Mental Healih Siippon KiiilsugTi Hope Pillar Kin¢ardine SaluiL Her Stable Lives Suicide Prevention UK 2e.$1 Nonlicrn Ireland Suicide cri.sis M¢nicll Mikcysline Scarborough Survivors The Marlin Gallier Projec¢ Lighihouse 15.000 20.000 20.000 30,000 20.000 15.000 10.000 10,000 i 0,000 20.000 15.000 15.000 i 0,000 15,OOU 15,000 15,000 15,OUO 10,000 280,000 31.12.23 Every Lite Maiters R.'pple Suicide Prevenlion Beachy Head Chaplaincy Team If U Care Sharc Foundation BcardLd Fishennan Shropshire Mental Health Support Kint¥Ubli Hope Pillar Kincardine Salutc Her Stabl¢ Liv¢s Siii¢id¢ Prevention UK Z¢51 Northern Ireland 15,000 30,000 17,500 22.000 17.500 i 0,000 20,000 15,000 15.000 20,000 17,500 17,000 216,500 Page 18 continued...
THE ROSE PATERSON TRUST NOTES TO THE FtXANCIAL STATEMENTS - conlinucd FOR THE YEAR ENDED 31 DECEMBER 2024 GRAYTS PA YABLE - continued SbPPORT COSTS The breakdown of supports cosis and how ihese were allocated b¢tweM governance and other support costs 15 shown in the table below- Goi'crnance related Other support ¢osts Cost iyp¢ Total Admini51ralion Charges Iiidcpcndeiit Examiiiatioii Fee Wcbsitc Design Fcc Iiive5tn)ent management costs Bank ¥harg¢s 25,000 25,000 2,300 3,104 240 935 2.3 3.104 240 935 2.300 29.279 31,579 ThL brcakdown of support costs: Charilable aclii'ities Basis of all()¢ation Support costs Raising funds Total CJoveman¢e ¢osis - Independent Exuminiiiun InfurinJiioii t¢¢hi)olobY w¢b8ii¢ ¢osis Admii)islration and manag¢mcnt Costs Bank ¢hargFcs - routine bank account management IOO°/v Charitable 50..50 Split 50..50 Split 2,3¢)0 1,552 12,500 2.300 3.104 25.000 1,552 12,$00 467 468 935 50.'50 Split IOO/o Raisin¥ Investrnent management C0515 240 240 14.759 16.820 31.579 Thc Charity initially identifies the costs of ils support functions. It then idcntifics those costs which relate to thc goYcrnanc¢ function. Having identifi¢d its govemance costs. the remaining support costs together witli the governancc costs arc apporlioned be(Iv¢en Ihe aciivities undertaken. In thc ycar to 31 D¢¢eiiiber 2024, which was the ihird year of the charity's operations, Ihe focus was split cvcnly b¢tween r8ising fund% to %upport the chari(y's activities and the programm¢ of grdllt makii)g ihat was Unde'ay. Page 19 ontinued...
THE ROSE PATERSON TRUST NOTES TO THE FINANCIAL STATENIENTS - continued FOR THF. YEAR ENDED 31 DECEMBER 2024 TRUSTEES, REMUYL EIL4TION ANID BENEFITS Thcre wer¢ no INsie¢s' remuncration or other benefits lor the year ended 31 December 2024 nor for the ycar ended 31 December 2023. TRUSTF.F.S' EXPENSES Therc were no trustces, expenscs paid for the ycar cnded 31 Dcccmbcr 2024 1)or for the y¢ar endcd 31 Dcc¢inb¢r 2023. Thc irustccs all gii'c fr¢¢ly ih¢ir time and expcrt15c wiihoui any fonn of rcmunerdtion or other bcncfit in Cc1sh or kind. Expcnses paid 10 th¢ iNsiecs in ihc pcriod ioiallcd £nil. The Charity ¢onsiders it5 tru51ees io be key management personnel. COINIPARATIVES FOR THE STATEII IENI T OF FIACIAL ACTIIYITIF.S UnTCStri¥i¢d Restricted rund Total funds INCOME AND EYDOI1'lEI1Ts FROM Donaii()n% Lind ILbT:ILIL 202,097 202.097 Investment income 8.1186 Toi81 210.983 210,983 Tr:XPTr:NDITURE ON Raisiiig funds 14,853 14,853 Charitable activitles Charitiibl¢ a¥tivities 233.653 233.653 Total 248.506 248.506 N¢t gaIn(lo55e5) on investments 39.040) 39.040} NET INCOME/(EXPENDITURE) (76,563) (76,563) REC0cILIATIoN OF FU)DS Total funds bioughi l-orward 557,685 557,685 Page 20 continued...
THE ROSE PATERSON TRUST NOTES TO THE FtXANTCIAL STATEMEN'TS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 COMPARATIVES FOR THE STATEMENT OF FINI'ANCIAL ACTl.1T1ES- continued Unresiricced Rcstri¢t¢d runds fund Total funds TOT AL FUl4iDS CARRIED FORIVARD 481,122 481,122 io. LEGAL STATUS OF THE CHARITY The Charity is a company limiied by guarani¢¢ ior)rated in England and hos no share ¢apital. 11. NET INCOlE/(ExPENDITURF.) Nei income/(expendi¢ure) 18 stated after charging l¢rdiiing)'. 202J+ Independent examinaiion fee 2.300 12. IXED ASSET IN'VESTi4ILNTS Lisied investiiients MARKF.T VALUE Ai l January 2024 Additions Revaluations 422.480 12.689 20,715) Ai 31 Dccembcr 2024 414454 NET BOOK VALUE At 31 D¢ccnib¢r 2024 414,454 At 31 December 2023 422.480 Investment asset5 were held in the RutT¢r Charity Assets Trusi Fund during Ihe year iyhich is managcd by Rul-fer LLP. The Fund will principally invesi in the folloiTring asset classes". global equilies. UK and oi'erseas goiremmeni and corporale bonds and ¢ommodilies in order to achieve the Fund's investiiient objectives. Listed invesiments have becn included ai iheir market Yalue as ai 31 Deceinber 202> Page 21 Continued...
THE ROSE PATERSON TRUST NOTES TO THE FtXAN'CIAL STATEMENTS - continued FOR THE YEAR EJNDED 31 DECEfvIBER 2024 13. CREDITORS: AmOTrTs FALLING DUE WITHIN, ONE YEAR 31.12.24 31.12.23 Accrued expenses 4.383 10.633 14. MOVF.MF.NT IN FUNDS Inov¢in¢nt in funds At 31.12.24 At 1.1.24 Unrestricted funds GLii¢f411 fuiid Lisi¢d Invcsimcnts 58,642 422.480 120,165) 11.0261 38,477 414.454 481.122 28,191 452,931 TOTAL FUNDS 481,122 28.191) 452.931 Nei movem¢nt in funds, included in the above are as follows.. Incoming resources Re4ourc¢s expciided Gains and losses Moveii)cnl in lunds Unrestrlctcd fund5 tiLn¢ral fund ListLd Inve5tm¢nts 291.414 12.689 1311.579) (20,1651 8,0261 20.715) 304.103 311579) 20715) 28.191) TOTAL FUTr*DS 304.103 311.5791 20.715) 28,1911 Pag¢ 22 continued...
THE ROSE PATERSON TRUST NOTES TO TIIE FtN'ANCIAL STATEMEN'TS - continued FOR THE YEAR EINDED 31 DECEMBER 2024 14. MOVEMELN'T III, FUNDS- continued Comparatives for moi'ement In fund5 N¢t movcmenl in funds At 31.12.23 At 1.1.23 Unrestricted funds G¢n¢ril fund Lisied Invesinicnt5 105.052 452.633 146.410) 30.153) 58.642 422,480 557.685 76.56.3) 481,122 TOTAL FUI%DS 557.685 76.5631 481.122 Comparaiiv¢ nct movcmcni in funds. included in ihc abov¢ are as follows: Inconiin¥ resourc¢s Resources expended Gains and losq¢s Movemeni in lund Unresiri¢ted funds GLiicral lund Li8lLd Invcs¢inertlS 202.096 (248.506) 146.410) 30,153) 39.040) 210983 2411506) 39 040) 76 5631 TOTAI, FUYDS 210.983 248.506) 39,040) 76.5631 A Current y¢ar 12 months and prior ycar 12 months combincd position is as follows: Net movement tn funds At 31.12.24 At 1.1.23 Unrestricled funds G¢n¢ral fund Listcd Investments 105,052 452.633 (66,575) 38.1791 38,477 414,454 557,685 104,754) 452,931 TOTAL FUNDS 557,685 104,754) 452.931 Page 23 ¢onlinued..
THE ROSE PATERSON TRUST NOTES TO THE FtNANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 14. MOVEMET IN FUNDS- Continued A cutTent year 12 months and prior ye#r 12 monihs combincd net movement in funds, included in the above are a5 follows.. Incoming resourccs Resources cxpcnded Gains and losses Mov¢ment in funds Unrestricted fund$ General fund Lisi¢d Invcstinenls 493.510 {560,085) (66.575) 38.179) 59,755) 515.086 560.085) 59,755) 104.7541 TOTAL FUNDS 515.086 560.085) 59.755) 104,7541 RELATED P,IRTY DISCLOSLRES There w¢re no rela¢cd party Iransactions for ihe period ended 31 December 2024 other than alr¢ady di%Llo%¢d in tlie notcs lo Ihe linanLial siatcmcnts. 16. ULTIMATE C()N'TROLLII%G PARTY The Charity is coniroll¢d by the Board of Trnstccs. Page 24
THE ROSE PATERSON TRUST DETAILED STATEMENT OF FAN'CIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 31.12.23 INCOMI E AND ENDOII'mEYs Donations And legacies DuiiLIIiDD.4 291,414 202,097 Invcslmcnt income Inveqtiiiei)i income 12,689 8,886 Tot#1 In¢omlng re$our¢e$ 304,103 210.983 EXPF.NI DITURE Charitable aclivities Graiits to institutions 280,000 216.500 Support costs Munukjcment WLb.%llL Lo%Is Maiiagem¢nt and adininislraiion 3,104 25.000 4,172 25.000 28,104 29,172 Flnan¢¢ BLink ¢hdrges 1,175 534 GovL'rnancL4 Costs Ind¥p¢nd¢ni ¢xJi)iinalion fee 2.300 2.300 Total resources expended 311579 248,506 i ¢t expenditure before gains and 105sC5 (7,4761 (37.523) Reallsed recogni5ed galns and lo$$¢s R¢alised gainslllosses) on fixed asset investments 20.7151 39,040) Net expenditure 28.1911 76,563) This pag¢ do¢s not forni part of the $18tutory financial statements Page 2%