s&w The Rockley Charitable Trust Cfority Registrdtion No. 258454 Trustees. report and unaudited accounts For the year ended 31 December 2024 Th• Rockley charItab￿ Trust Legal and admlnlstratlv• Irrfommtlon Lord Rockiey Tho Wilbam E Cecil 258454 Lytchett Heath Poolo Dorset 8H16 6AE S&W Partners LLP Accountants Old ￿brary Chambers 21 Chipper La Sal￿bUry Wiltshite SPI IBG Julle Mutton FCA S&W Partners Audit Limited Old ￿brary Chambers 21 Chipper Lane Salisbury Wiltshire SK IBG Coutts & Co 440 Strand London WC2R OQS Cazenove Ca￿taL I London Wall PLacg London EC2Y SAU Tho Rockley Charltabl• Trust Trustees. report Indyndent examiners report statement of fnancial activf(ies Balance sheet Notes to the accounts 7-14 The Rocklry Charltsblo Trust Trust••s' roport fortho y•Ar Ond￿ 31 DK•mbor 2024 The trustees present their annual rèport together with the accounts Of the charlty for the year ended 31 Decemtr*r 2024. The accounts comply with the CharltlesAct 2011 and Accountlng and Reportlng by Charltles.. Ststement of Recommended Practice appticabie to charitie5 prepariro their accounts in accordance wth the Financial Reporthg Stsndard apdicable in the UK and Republic of Ireland IFRS IOJ leffectwe l January 20191 The charlty's objeets are to hold income and Capital to apply for purFy)s@s which are exclusively charitsbie. The pob'cles adopted in furtherance ofthese okiects are to make Charitable dOnati$￿S from thè income of the trust Trustees may aLso pay whoL• or part of the capitalto any charitsbie foundation. The trustees WAL continue to supwrt the work of charities. voiuntsry organisations and individuals. The trustees have a Fxxtfoiio of ￿sted Investments that had a market valuè of £5.771.¢NO 12023. £5,125,537) at 31 December 2024. The trustees reThve Snvestment advice from Cazenove CapitaL The trustees have wide pmrs of Investment and a￿ investing fora balancod return. The trustees have considered the guidance prOV￿ed by the Charity Commission wtth regard to meeting the public bwefit objective. all donations a￿ made to registered charities. charitable entities which do not require to be registered with th& Charity Commission. or to individuals which meet the charitys objects noted above. the trustees ￿LieVe that The R(KkLey Charitable TrLSt is acting for the I￿efit of th& pubbc. The charity made 4612023.. 351 g￿nts across the s￿tOrS as detailed in note 5. Th￿e have been mad& in tine with thè charity's objects. The financial activities are summarised on page 5 of the accI￿nts. Durfng the year. the trustees had net expenditure before gains on investments of £40,178 (2023,, £12.8rn having made grants totaiLiw £ll6.618 (2023.. £59,298), The tntst's investment F)Ortfolio irKreased in vaiueyear-on-year by £845.503. The Rockley Charitable Trust Trustoos, r•port for th• y•ar 0nd￿ 31 D•comb•r 2024 As the flrst Lockdown began, the resldents of Lytchett Matravers estabtished a community group. the Lytchett Matravers Angels. to help those affected by the ￿lrUS. This was to support the resKients with shopping and pres¢ription collections, check In and Chat to those isolated and provide food aid to those in neéd. ￿ a part of this a special rotief fund was ra¢sed to provide emergency funds to heW residonts cope with daily living expenses, support h¢)me-schooiing. increases In utility bius whilst they work from home and furlough ef redundancy. As neèds of the residents reducGd as life returfted to a level of normauty In the autumn of 2021. the work of Lyichett Matravers Angels was wound down, The remabning funds in the r&bef fund wwe transf*rod to the Rockiey Charitsbie Trust to be held in a reStr￿ted fund to be spent t)n suitsble ¢har*tsbie causes which are likÈLy to be Lytchett Matravers Community based. The trustees wiiL maintain reserves at a sufficient levelto enable don8tlons to be made wthin Ihe scope of the income receThied each year, with any surpLus Ixng added to re5etves. Included within current asset investmènts was a loan of £250.000 to Breast Cancer Haven. The Loan accrued interest on a daily basis at a rate equal to the aggregate of the 8&e Rate and a margin of 1.75% per annum, Lord Rockley was a trustee of 8reast Cancer Haven dLEring the previous year before resignng on 10 February 2023. A pro￿510￿ of £17,500 was included against this loan in the accounts for the year ended 310ecember 2023, leaving a net inVeSt￿￿t of £232.500 and accrued interest anticipated to be recovered of£3.432. During the year ended 31 December 2023, Breast Cancer Haven went into tiquidatlon. An interim and a final distribution recaved from the tiquidators during the year ended 31 D&rember 2024 totslling £247,847, The net differenTr between the amount received and the loan and accrued interest included in the 2023 accounts of £U.915 has bean shown as a write back ofthe loan in the 2024 accounts, The cha￿ty is an unincorporated trust, constrf(uted under a ¢haiitsbLe trust deed dated 5 Mareh 1969 by The Rt Hon. Robert WI￿laM Evelyn Baron Rockiey and is registered with the Charity Commission. numb 258454, The trustees who seNed durlng the ￿rwere,. Lord RockLey The Hon William E. Cecil The P¢)wwof appointirg new trustees isvested wlth the tnjstees The day to day administration of the trust Is carrled out by Lord Rockiey. The trustees have the power to invest in any investrnerbts or any property. or intsrests In propty. of whatst)ever kind (realor pers¢)naO in any part of the wortd. ThÈ trustees have revlewed the risks to the ¢harSty s assets and are satisfied that adequate controls are in place. The Rockley Charitable Trust Trustees, roport for the year ended 31 December 2024 Trustses. responslbllltles The trustees are respongble for preparing the Trustees, report and the accounts in accordan￿ with appLicable law and regulations. The law applicable to eharities in England and Wales requires the trustees to prepare accounts for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable reguLationsl. Under that taw the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the trust and ofthe incoming resources and application of r￿OurceS of the trust for that year. In pre[￿ring these aeeounts. the trustees are required to.. select suitable accounting policies and then apply them consistently.. - observe the methods and principles in the Charits'es SORP., make judgements and *timates that are reasonable and prudent,, state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the accounts,. and prèpare the accounts on the going concern basis ￿nI￿S it Is inappropriate to presume that the clkirity will continue in operation. The trustees are rèsponsible for keeping proper accounting records which are sufficent to show and explain the trust's transactions and disclose with reasonable accuracy at any b'me the financial position of the trust and enable them to ensure that the accounts comply with the Charities Act 2011. the Charities counts and Reports) Regulations 2008 and the provision5 of the trust deed. They are a￿0 responsible for safeguarding the ￿Sets of the charity and hence for taking reasonable Ste￿ for the prevention and detection of fraud and other irregulariti￿. On behalf of the ly)ard of trust*s Trustee Date". The Rockley Charitabl• Trust Indopondent oxamlnerfs report to the trustees of Tho Rockley Charltable I report to the tnjsiees on my examination of the acc￿nts of The Rockiey Charltabie Trust for the year ended 31 December 2024 which comprise the statemènt offinancial activitses, the balance sheet and the n¢)tes to the accounts, Including a summary of sIgnrf￿nt accounting policies. Ag the chartty's trustees, you are responsible for the PreParat￿n of the accounts in accordance wlth the requirvnents of the Charities Act 20111'the ACVI. I rèp)rt in resK*Ct of my examination of the charlty's accounts carried out under sFctlon 145 of Act and in carying out my examination I have followed ali the appkncabie Directions given by the Charity ComnThsslon under seCt￿n 14515Xbl of the Act, I have compteted my examination. I confim that no material matt¥s have come to ry attention in c(￿nection with the examination giving me cause to believe that in ary material ￿sPert accounting reeoyds were not kept in respect of the charity as required by section 130 of the ACL, or the accounts do not attord wth those records: or the accounts do not comply with the app14cabLe requirements C￿CeM*ng the form and content of the accounL£ set ¢JUt in the charl￿e5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an indewdent examination. I havè no concEYns and have come rK) other matters in connection wth the examination to which attention should be drawn in this report in order to anabie a proper understanding of the attounts to be reached. Jull• ￿tton FeLiow ofThe Institute ofCharter@d Accountants in England &WaLes S&W Partners Audit Limited Chartered Accountsnts Old knbrary Chambers 21 Chipper Lane Salisbury Willshire SPI IBG Date. 9 June 2025 The Rockley Charltable Trust Stat•m•nt of financlal actlvltl•s for th• y•ar ended 31 DK•mb•r 2024 2024 2023 Total Ine•m• from ralslng funds.. Investment income Donations and legacies 90,620 526 90,620 72,110 91145 91,145 72,240 Investment management fees V97 8,553 Chablt•bi•a¢tl¥thi Expend((ure on charitable actiwties Support costs iio,i &208 500 59,296 17,268 4208 I30￿23 1,323 85.117 (39,678) (40J78> 2.87T) Net gains on Investments wdte down of loans recdvable Wrlte back of Loans receivable 668399 666.2•9 298.776 145.CKx)I 45,000 1&915 630,536 1600 630,036 285,899 Total funds brought forward 6,16&974 1,269 4167343 4.881,344 Totaifund$carrf•d for*•nl V98,510 769 4797,279 5,167,243 AILincoming rethjrces and resources expended derive from Continuing aetsvities. The note5 on pages 7 to 14 form part ofthe accounts. The Rockley Charitable Trust 8alan¢e sheet as at 31 December 2024 2024 2023 Flxgd assets Investments s,m,040 5.125.537 Cwrent assets Investments Debtors Cash at bank and in hand io 232,500 3,432 75.462 39,381 39.381 311.394 Uabllltlos credito￿ falling due within one year Lo8ns payable 12 13 113,1421 119.6881 1250,(J)01 113,142) 1269.6881 Ngt¢urrent assets 26,239 41,706 Totalassets less eurrgnt Ilablutles 5,797,279 5.167.243 Th8 funds ofthe charlty Reslricled funds Unreslricled funds 769 5,796,510 1.269 5,185.974 Totalcharltyfunds 5197,279 5.167,243 Signed on behalf of the Trust￿5 and authorised for issue by Trustee Date. f- 2)ILS The not￿ on pages 7 to 14 form part of the accounts. Th• Rockloy Charltable Trust Notes to tho accounts for theyoar ond•d 31 D•eombw 2024 The Rcckley Charitsble Trust Is an unincorporated trust. constituted under a charitsble trust deed dated 5 March 1969. It is reglstered thè Charity Commission In EngLand & Wales (No. 2584541. The addr￿S ofthe principal offiee is Lytchett Heath, Poole. DorseL 8H16 6AE. The aecounts havè been prepared in a¢eordancg with Accounting and Reporting by Charities.. statement of Recommended Practicè aPP￿cable to chariti&s preparing their accounts in accordan with the Financial Rep3rting Standard applicable irt the UK and Republic of Ireland IFRS 1021 leffe¢tN& lJanuary 20191. The accounts have Èeen wepared under the historieal cost cc¢wention, as mtxlTrfied to include the revaluation of certain assets. The trustees confim that the charity is a publlc taefit entity as defined by FRS 102. The act￿nts are prepared on a going concern ba515', there are no material uncertainties about th charity's abibty to continue as a going concèrn. General funds are unrestricted funds which are available for use at the discreti¢)n of the trust&5 in furtherance of the general objgcts of the charity and which have not designated for other purposes, Restricted funds are available to charitabl& causes based in the Lytchètt Matravers Communlty. If any balan￿ remains in the restricted fund on l January 2027. ary restriction wLi fall away and these funds will be added to the General fund of the Rockley Charitsble TrusL L4 In¢om• rnWnItl￿ poucy Investment income is Cr￿￿ted to thè statery￿nt of fina￿18[ activit￿ in the period in wh￿h it És receivable, Interest is credited in the perfod in which it is receivable. LS ExpondllA ExpeTrJituo is r*ognised on an accru8& basis as a tiatiiLity is incuwed. Expenditure includes any VAT whrh camot lje recovgred and i% reported as part of the expenditure to which it relates. Costs of ftisng funds conslsts of investment management fees, Grants payable are payments made to third parbes in furtheran￿ of the digritsble objects of the Trust The grants are aeeounted for where the trustees have agreed to pay th& grdnt without conditlon and the reeipi•nt has a reasonabLa expectation that they will r¢¢eive a grant Support costs conssl of costs not dlrectly attributable to dlrect charitsbie exp￿ditUre but whlch are in resp&ct of th8 general admSnistration of the charityand overalL management of the funds. Tho Rocklry CharltableTrust Not•s to th• accounts for th•y•ar •ndod 31 Dec•mbor 2024 IA Inwstm•nts Fixed asset investments are stated at market value at the l)alance sheet date. Ali investments held are quoted on a recognlsed stock exchange, Reabsed and unroali5gd 9ains or losses are recognis in the ststerrent of financial acttvrties. Reaiised gains or losses are the difference between disposal proceeds and the opening market value lor original ¢ost if purchased during the yearl. Unreatised gains or Losses are the di)Terence between the mart