THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Charity Number 1211275
TRUSTEE'S ANNUAL REPORT AND ACCOUNTS
Year ended 30 June 2025

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
The Trustee's Annual Report for the year to 30 June 2025
The Robert Rogers Educational Foundation (the 'charity'l derives from the Will Trust of Robert Rogers
dated I I September 1601.
The charity's registered address is 7 St Helen's Place London EC3A 6AB.
The charity's Trustee is The Leathersellers, Company acting through its Court of Assistants. The
members of the Court are listed on page 2.
The charity's objects are for the provision of graats for studer)ts of English Universities. The net receipts
of the charity are transferred during the financial year to the Leathersellers, Foundation la connected
charity) for its Student Grants Scheme.
The charity was registered with the Charity Commission on 5 December 2024. An update to the
objects was approved by the Charity Commission on the 17 September 2025. The amended objects
are as below:
"To apply the income of the Foundation in the provision of Univer51ty Exhibitions to be
awarded under rules to be made by the Company, including Tules as to the number. value and
period of tenure of the exhibitions, to candidates who satisfy the Company that they are in
need of financial assistance.
Exhibitions awarded shall be tenable at any university in England, and will be awarded on the
basis of an assessment made by the Company as to the extent of candidates. financial need."
Income is provided from The Robert Rogers and Elizabeth Grasvenor Trust and permanent
endowments. During the year the cash deposit was invested in CCL4 COIF Charities Investment Fund
and a small M&G Charibond Charities Fixed Interest Common Investment Fund was closed and the
value transferred to M&G Charifvnd units. Accordingly at the end of the year the permanent
endowment5 are held in the form of investments in CCLA COIF Charities Investment Fund and M&G
Charifund.
The charity made payments to beneficiaries in the year to June 2025 totalling £37,594 for the support
of The Leathersellers, Student Grants Scheme.
When setting the objective5 and planning the work of the charity for the year, the Trustee has given
carefvl consideration to the Charity Commission's general guidance on public benefit.
ststement of Trustee's responsibilities
The Trustee is responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the accounts
comply with the Charities Act 2011, the applicable Charity (Accounts and Reportsl Regulations and
the provisions of the charity's trust deed. The Trustee is also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularitie5.

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
The Trustee's Annual Report for the year to 30 June 2025
In accordance with Section 133 of the Charities Act 2011, as the charity's gross income does not exceed
£250,000, the Trustee has elected to prepare a receipts and payments account and a statement of
assets and liabilities as its annual statement of accounts.
Approved by the Trustee on 3 December 2025 and signed on its behalf by..
MDJDove

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Members of the Court of Assistants of the Leathersellers. Company
for the year ended 30 June 2025
R N Tusting MA CANTB MBA
MDJDove
MDJDove
D.H. Barrow
Master
To 23 July 2025
From 23 July 2025
To 23 July 2025
From 23 July 2025
To 23 July 2025
From 23 July 2025
To 23 July 2025
From 23 July 2025
Master
Second Warden
Second Warden
R T Preston
C.J. Curtis
S Cheng KC
E.A.W. Dove
Third Warden
Third Warden
Fourth Warden
Fourth Warden
Assistsnts:
R N Tu5ting MA CANTB MBA
M G Williams
C J Lennon
G G Bacon
C P Barrow
J A M Muirhead OBE DL
C C Barrow
M J Bradly Russell FCA
A A Barrow
M W Pebody BA
M P E Pellereau Bsc FRICS
WJCLang
R J Chard
Dr T J C Fooks FRCGP
H G Williams
S M G Williams
C T G Williams
WRJCock
A E Tusting
M T Berman
J S Holme5
JDGCurtis
C J V Williams (from 4 December 20241
Prof A B Brueggemann Msc DPhil (from 4 December 20241
Changes after the Year end
On 23 July 2025 M D J Dove was elected Master and D H Barlow was elected Second Warden.
The Third and Fourth Wardens retire from the Court annually. On 23 July 2025 C J Curt15 and E A W
Dove were elerted Third and Fourth Wardens, respectively. C P B Barrow retired from the Court on
23 July 2025 and A P Rothery was elected as an Assistant to the Court on 15 October 2025.
With these exceptions and as noted above all the people listed were members of the Court of
Assistants on 3 December 2025.

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Independent Auditorfs Report to the Trustee of The Robert Rogers Educational
Foundation
Opinion
We have audited the account and statement of The Robert Rogers Educational Foundation Ithe
'charity'l for the year ended 30 June 2025 which comprise the receipts and payments account, the year
ended 30 June 2025 which comprise the receipts and payments account, the statement of assets and
liabilities and the notes to the aicounts. including the principal accounting policy. The financial
reporting framework that has been applied in their preparation is applicable law and the receipts and
payment5 basis.
In our opinion. the account and statement..
• properly present the receipts and payments of the charity for the year ended 30 June 2025 and its
assets and liabilities as at the end of that year..
• adequately distinguish any material special trust or other fund of the charity other than an
unrestricted fund.. and
have been piepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audil in accordance with International Standards on Auditing (UK) IISAS IUKII. and
applicable law. Our responsibilities under those standards are further desiribed in the auditor's
responsibilities for the audit of the account and statement section of our report. We are independent
of the charity in accordance with the ethical requirements that are relevant to our audit of the account
and statement in the UK including the Financial Reporting Council's Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained 15 Sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng concem
In auditing the account and ststement. we have concluded that the Trustee's use of the going concern
basis of accounting in the preparation of the account and statement is appropriate.
Based on the work we have performed. we have not identified any material uncertaintie5 relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least twelve months from when the account and
statement are authorised foi issue.
Our responsibilities and the responsibilities of the Trustee with respect to going concern are described
in the relevant sections of this report.
Other information
The Trustee is re5pon5ible for the other information. The other information comprises the information
included in the Trustee's annual report and accounts other than the account and statement and our
auditor'5 report thereon. Our opinion on the account and statement does not cover the other
information and we do not express any form of assurance conclusion thereon.

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Independent Audltorfs Report to the Trustee of The Robert Rogers Educational
Foundation
Other infonnation Icontinuedl
Our responsibility is to read the other information and. in doing so. consider whether the other
information is materially inconsistent with the account and statement or our knowledge obtained in
the audit or othe￿1$e appears to be materially misstated. If we identify such material inconsistencies
or apparent material misstatements, we are required to determine whether there is a material
rnisstatement in the account and statement. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that fart.
We have nothing to report in this regard.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustee's annual report.
We have nothing to report in respert of the following matters in relation to which the Charities
(Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion..
• the inlormation given in the Trustee's annual report is inconsistent in any material respect with
the account and statement-, or
sufficient accounting records have not been kept or
• the account and statement are not in agreement with the accounting records,. or
we have not received all the information and explanalions we require for our audil.
ResFy)nsibilFties of Trustee
As explained more fully in the statement of Trustee's responsibilities, the Trustee is responsible for the
preparation of the account and statement and for such internal control as the Trustee determine is
necessary to enable the preparation of an account and statement that is free from material
misstatement, whether due to fraud or error.
In preparing the accoufjt and statement, the Trustee is ￿sponSible for assessing the charity's ability
to continue ag a going concern. disclosing, as applicable, matters related to going concern and using
the going concern basi5 of accounting unless the Trustee either intends to liquidate the charity or to
cease operations, or ha5 no realistic alternative but to do so.
Auditorfs responsibilities for the audit of the account and statement
We have been appointed as auditor under section 145 of the Charities Act 2011 and report in
accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the account and statement as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor'5
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS (u￿ will always detect a material
misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if. individually or in the

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Independent Auditor's Report to the Trustee of The Robert Rogers Educational
Foundation
Auditorfs responsibilities for the audit of the account and statement (continued)
aggregate. they could reasonably be expected to influence the economic decisions of users taken on
the basis of this account and statement.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above. to detect material misstatements in respect
of irregularities. including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below..
Our approach to identifying and assessing the risks of material ffli5Statement in respect of
irregularities, including fraud and non-compliance with laws and regulations. was as follows..
• we identified the laws and regulations applicable to the charity through discussions Wlth those
charged with governance and other management, and from our knowledge and experience of the
sector.
We assessed the susceptibility of the charity's account and statement to material misstatement,
including obtaining an understanding of how fraud might occur by=
making enquiries of management as to their knowledge of actual, suspected and alleged fraud,.
and
considering the internal controls in place to mitlgate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud through management bias and override of controls, we performed
analytical procedures to identify any unusual or unexpected financial relationships.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to..
reading the minutes of meetings of those charged with governance,. and
enquiring of those charged with governance and management as to actual and potential litigation
and claims.
There are inherent limitations in our audit procedures described above. The more removed that laws
and regylations are from financial transactions, the less likely it is that we would become awaie of
non-compliance. Auditing standards also limit the audit procedures required to identify non-
compliance with laws and regulations to enquiry of the Trustee and other management and the
inspection of regulatory and legal correspondence. if any.
Material misstatements that arise due to fraud can be hardei to detect than those that arise from error
as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statemenls is located on the
Financial Reporting Council'5 website at www.frc.org.uk/auditorsresponsibililies. This description
forms part of our auditorfs report.

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Independent Auditorfs Report to the Trustee of The Robert Rogers Educational
Foundation
Use of our report
This report is made solely to the charity's Trustee. as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state
to the charity's Trustee those matters we are required to state to it in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other thari the charity and the charity's Trustee as a body, for our audit worl for this report
or for the opinions we have formed.
Buzzacott Audit LLP
Statutory Auditor
130 Wood Street
London
EC2V 6DL
5 December 2025
Buzzacott Audit LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act
2006

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Receipts And Payments Account for the Year Ended 30 June 2025
2025
2024
Recelpts
Investment Income
Bank Interest Received
6.799
145
5.775
520
Income from Investments
6.295
Income from Trusts
The Robert Rogers and Elizabeth Grasvenor Trust
33,010
31,932
Totsl Recelpts
39,954
3&227
Payments
Dirert Charitable Expenditure
Payments to Beneficiaries
The Leathersellers. Student Grants Scheme
37,594
35,367
Totsl to Beneficiaries
37.594
35.357
Other Expenditure
Purchase of investments
CCLA COIF Charities Investment Fund
Audit Fees
Other expenses
102,501
2.340
20
2,840
20
Total Payments
141455
38.227
Net Payments for the Year
{10a501)
Cash and Bank Balances at 30 June 2024
102,501
102,501
Cash and Bank Balances at 30 June 2025
101501
The notes on page 10 lonn part olthese accounts.

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Statement of Assets and Liabilities at 30 June 2025
2025
2024
Morbetsry Assets
Bank and Cash Balances
Bank deposit accounts
102,501
101501
Non -Monetsry Assets
Aggregate Permanent Endowments
(￿Oted Investrnents:
Units
Cost
Market Value
Held by Trustee
CCLA COIF Charities Investment Fund Inc
M & G Charifund Income Units
M & G Charifund Income Units (exchanged from
Charibond units due to closure of that fund)
4,988
6,512
227
102,501
4.812
3,549
96,835
102,432
3,575
110,862
202,842
The account set out on page 8 for the year ended 30 June 2025 and the Statement of Assets and
Liabilities at that date set out above, together with the notes on page 10 were approved by the
Trustees on the 3 December 2025 and were signed on its behalf by..
LITL
MDJDove
The notes on page 10 fonn part of these accounts

THE ROBERT ROGERS EDUCATIONAL FOUNDATION
Notes to the Accounts for the year to 30 June 2025
Principal Accounting Policy- Basis of Accounting
The accounts have been prepaied on a receipts and payments basis and comply with the
requirements of Section 133 of the Charities Act 2011.
Connected Charities
The Leathersellers, Company and the Clerk of the Leathersellers. Company each act as a
Trustee of the Leathersellers, Foundation.
The Leathersellers. Company also acts as sole trustee. or its members provide a majority of
trustees. to other charities as below.
The Leathersellers. 8arnet Charity
The Robert Rogers and Elizabeth Grasvenor Trust
The National Leathersellers. College
Colfe's Educational Four)dation
Colfe's School
The Leathersellers. Federation of Schools became a connected charity when it became
a multi-academy trust in January 2024
Transartions Wlth connected charities were as follows-.
P.eceipts during the year were..
2025
2024
Trusts
The Robert Rogers and Elizabeth Grasvenor Trust
33,010
31,932
The Trust provides funds for the Leathersellers, Company Student Grants Scheme. via The
Leather5ellers' Foundation la connected charityl which distributes the funds provided by
several Trusts for Studeni Grants. Payment to this scheme during the year was..
2025
2024
Trust5
The Leatherselleis, Foundation - Student Grants
Scheme
37,594
35,367
There were no other transactions with connected charities or The Leathersellers. Company
duiing the year under review or the previous year.
10