RYCROFf CFtILDRENS FUND
Fll¥ANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

RYcRo￿ CHILDRENS FUND
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 ST MARCH 2024
The trustees present their rq)ort for the year ended 31st March 2024.
TRUSTEES
The ttustees during the year were:
C.P. Lees-jones: Chairn)an
A. Greatbalch
C. Kenyon
B. Russell
P. lyer
The ￿Wer of ap￿IntIng new and additional truslees is exeTcisable by resolution of the t￿Stees.
The cbarity w&$ established by TTUSt Deed dated 2Jst (ktober 1857 and is registered with the Charity
Commission, nurnber 231771.
The charity's contact address is LOW￿ Dunishbooth House. tane Head. Rochdale. OL12 6BH.
OBJECTS AND ORGANISATION
The objert of the chariry shall be the relief of children and young persons wbo are in conditions of
ne¢d, hardship or distress #nd who are resident in the counties of Cheshire. Derbyshire. Gr¢ater
Manchester, Lancasbire. Staffordsbire, South yO￿￿1[C and West yO￿b]re. Preference shall be
given to such children and young persons qualified as aforesaid who are resident in the cities of
Manchester and Salford and the Borough of Trafford The tsustees have had re￿rd to the guidance
issued by the Charity Commi&sion on public benefit.
ACHEIVEMENTS AND PERFORMANCE
During 202312024 the charity made 50 donations to V￿louS individua15 and organisations. This
amounted to £33.180.
FINANCIAL REVIEW
Tncoming resourc¢5 continued to generdte an increased Surp1￿ from £14,225 in 2023 to £38,859 in
2024. R￿lIsed losses on sales of investM￿ts arnounted to a loss of £3,0(￿ compared with a 105s of
£29.300 in 2023.
Charitable donations paid amounted to £33.180 (2023: £35.533).
The attached fllwicial statements show the current slate of th¢ fil￿nCeS which the trustees consider to
be rea50nabl¢.
RESERVES
The reserves held which amount to £1.520,074 (2023". £1,448.076) are considered nece&5ary ￿ be able
to generate suffi¢ient income levels needed to ￿forn) the activities noted above.
INVESTMENT
The tNstees have an artive poli¢y wbicb seeks to maximise income wbilst maintaining underlying
pitsl values.

RYCROFT CHtLDRENS FUND
TRUSTEES, ANNUAL REPORT
FOR THE YEAR E￿￿ED 31ST MARCH 2023
RISK MANAGEMENT
The chariry's trustees have assessed the major risks to which the chaTity is exp)sed. They are satisfied
that the appropriate systerns and safeguards are in place to adequat¢ly mitigate any significant risk
exposure.
PLANS FOR THE FLrruRE
The truste&% plan to continue the ￿tivitieS pr￿lOUs1Y outlined tn the forthcorning y¢aTS. sllbj￿t to
satisfaciory fimding arrangements.
ADVISORS
At the year end the clwity's banker w&8 the Collmtive Bank plc and the chan'tys illvestment
manager was Rathbone&
The independenl accountants are Royc¢ Peeling Green Limits4 The Copper Room. Deva City Office
PaTk, Trinity Way, Manchester, M3 7BG.
TRUSTEES, RESPONSIBILrr
Under the Charities Act 2011 the truste¢s are required TO prepare financial statements for each financial
its
year, which give a tnje and faiT view of the state of affaiT5 of the charity at th¢ end of the year and of
incoming resoutces and application of resou￿ in the year. In preparing those financial statements
the tnL£tees are rtyuired to:
select suitable accounting policies and then apply them ￿nSistentlY.
make judgements and estimates that are re&sonabl¢ pn￿en(
• state whether applicable accounting standards and statern¢nts of recomrnended prdctice have been
followed. subject to any material departll￿ disclosed and explaitied in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the chaTity will continue its O￿ationS.
The trt￿tees are res￿yn8ib1c for keeping adequate accounting r￿ordS whi¢h discli)s¢ with reasonable
accuracy at anitime the financial tmysitioll of the charity at that titlle and to enable the trustees to ensure
that the financial stst¢ments. prepared by them. comply with the regulations under Section 132 of the
Charities Act 2011. They are 31so responsible for safeguarding the assets of th¢ ¢barity and hence for
taking r¢asonable steps for the prevention detection of fraud and other irregularities.
This report was approved by the ¢Th￿tee$ oo 2z.AuJuse..2024 and sign¢d on their behalf by
C.P. Lées-JoD
Trustee

INDEPENDEI¥T EXAMINER'S REPORT
TO THE TRUSTEES OF
RYCROFt CHILDRENS FUND
I report io the trustees on my examination of the aceoutts of the Rycroft Childre￿% Fund (the Clwity) for
the year ended 31st March 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 {'the Act,).
I report in respect of my examI￿On of the Charity's accounts carried oul under section 145 of the 2011
Act and in carying out my examination I have followed all the appliuble Directions given by the Charity
Commission under 145(5)(b) of the A¢t.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I c4)nfirn) that no material matters have come to my attention in
connection with Ihe examination giving me cause to believ¢ that in any material re5p￿¢.
accounting r¢cords were not kept in respect of the Charity as required by section 130 of the Act. or
the accounts do not accord with those records. or
the accounts do not comply with the applirable requirements concerning the forni and content of
a￿ounts Set Oui in the ChaTitie5 (Accounts and Repons) RegulatioDS 2(K18 other thau the
requirement thai the accounts give a 'true and fair view. which is not a mattw considered a5 part
of an indq)endent examination.
I have no concerns and have come across no other matters in connection wilh the examination to which
attention should be drnwn in this report in order to enable a proper understanding of the accounts to be
reached.
@eoLo-
CarolyD Dutton BFP FCA FCCA FMAAT
Royce Peellng Creen Limlted
Chartered Accountants
The Copper Room. Deva Cltr Office Pa
Trfinlty Way
Manchester. M3 7BG

RYCROFT CHILDRENS FUND
STATEMEwf OF FINANCIAL ACTIVITIES
FOR THE YEAR EYDED 31ST MARCH 2024
2024
2023
Unrestrleted Capital
Funds
F•nd
Totsl
INCOMING RESOURCES
Donations received
Inleresl received
tnvestment income
Gainsl{losses) on realisation of investrnents
Other income
825
41.124
825
958
41.124
42.567
(3,090) (3,090) (29,300)
41,949
(3.091)) 38.859
14.225
RESOURCES EXPENDED
Direct clwitsbl¢ expenditure:
Donations
33.180
33.180
35,533
Other expenditure:
Administration charges
Investment managers charges
Accountancy
4.418
4,418
10,114
860
5,495
10,224
820
10.114
860
5278
10,114
15,392
16,539
TOTAL RESOURCES EXPENDED
38,458
10.114
48,572
52.072
Net inwmin￿(0Utg0ing) r&wurcts for the year
3.491 (13,204) (9.713) (37.847)
Other recognised gaitis and losses:
(DecTeaseVlncrea5e in market value
of investments
81,711
81.711 (92,562)
3.491
68.507
71.998 (130.409)
Fund balance brought forward
(2.416) 1,450.492 1.448,076 1.578,485
Fund ba13n¢¢ wried forward
1,075 1518.999 1.520.074 1,448.076

RYCROFT CHILDRENS FUND
BALANCE SHEET AS AT 31ST MARCH 2024
Notes
2024
2023
FIXED ASSETS
Markd
Value
Market
V4lue
tnvesttnents
Units
CCLA investments
Cash held by agent - capital
1,464.(h52
30.941
17,707
l J82,230
28.373
32.827
1.512.710
1,443.430
CURENT ASSETS
C&sh at bank and on deposit..
Current account- income
10.766
8.363
10,766
8,363
AMOUNTS FALLING DUE wrrHIN
ONE YEAR
Sundry creditors
(3.402)
(3.717)
7J64
4,646
NET ASSETS
1.520.074
1.448.076
REPRESENTED BY
Capitsl account
Unrcstricted fun
1.518,999
.075
1.450,492
(2.416)
1,520.074
1.448,076
The financial statements wer¢ approved by the trustees on
2024 and signed on their behalf by
C.P. Lees-Jones
Trustee

RYCROFT CHtLDRENS FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
I. ACCOUNTING POLICIES
The following accounting ￿licIeS have been used consistently in dealing with items which are
considered material in relation to the cltaritys financial statements.
Basis of Acwunting:
The fjnancial statements have been prepared in accordaace with applicable accounting standards and
follow recon)m¢Ddation5 in Statement of Recommended Practice Accounting by ChaTiti¢s and
Financial Rew>rting Standard FRS102 and the ChaTities Act 2011.
Investments
Investments are initially recorded at Cost and subsequently at market value ai the balance sheet date,
using th¢ closirtg quoted mthet Price. The Statemellt of Financial Activities includes the net gains
and losses arising on revaluation and disposals throughout the year.
Investment And Other ID¢ome
tnvestment and oth¢r incomc is recognised in the financial stalemertts when it is receivable.
V#lye Added Tax:
As the majority of Rycroft Children5 Fuod's activities classified non-business act&vitie5 for the
purposes of value added tw Rycroft Childrens Fund is unable to reclairn all the value added tax
which it suff¢Ts on its purcllases. ExpenditUTe in these financial slatements is therefore sho
in¢lusive of valu¢ added tax.
Other Taxation:
No provision has be¢n made for COT&￿tIon tax or deferred tsx as the clwitable company is a
registered charity and is therefor¢ exem￿.
Fund Accounting
Unrestricted fiu)ds are available for use at the discretion of the tn￿tets in filltheranc¢ of the general
objectives of the Charity.
2. GAINI(LOSS) ON REALISATION OF INVESTMENTS
Tre*8Ury
Stock
u￿ts
2024
2023
Pmceeds
Value
272,837 272,837 162,832
275.927 275,927 192,132
Gainl(loss)
(3.(Y)O) (3.090) (29,31K))
RYCROFf CHILDRENS FUND

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JIST MARCH 2024
3. tNDEPENDENf ACCOUNTANTS. FEES
2024
2023
The lotsl paid to the independent accouniants by the
harity related to the following services: Accounlancy
860
820
4. INVESTMENTS. MARKET VALUE
Unlts
CCLA
Tot*l
Markct value at 1st April 2023
Additions
DIS￿SaI8 incluth'ng unTealis¢d profitlio
as at 1st April 2023
Change in market vah
Realised gainsl(loss) on disp(wls
1,382.230
278.616
28.373 1.410.603
278.616
(272.837)
79.143
{3.090)
(272,837)
81.711
(3.090)
2.568
Market valu¢ at 3 1st March 2024
1,464.062
30.941 1,495.003
Unrealised profit(l(Iss) at 3 1st March 2024
246,537
26.444 145,043
Movernent charged to sthtemtht of ftnan¢ial activities
79.143
2.568
81.711
Original cost
1288.285
4.497 1.292,782
RYcRo￿ CHILDRENS FUND

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
5. CREDITORS
2024
2023
Amounts falling due within one year.
AccnMIs
3.402
3,717
3.402
3,717
6. TRUSTEES REMUNERATION
None of the tswte¢s bave T￿e1Ved any muneration during the year, out of the funds of the Charity
(2023 - £nil). and nooe have chosen to claim reimbursement of expenses to attend Tn￿tee meetings.
7. STAFF NUMBERS
No stsff w¢r¢ employoj by the Charity in the year.