```
R EG ISTER ED CH AR ITY N U MBER : 259981
```
```
R EPO R T O F TH E TR U STEES AN D
```
## **`U N AU D ITED FIN AN CIAL STATEM EN TS`**
```
FO R TH E YEAR EN D ED 5 APR IL 2025
```
## **`FO R`**
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
```
Xeinadin Swiss Cottage Limited
H arben H ouse
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
```
CO N TEN TS O F TH E FIN AN CIAL STATEMEN TS
FO R TH E YEAR EN D ED 5 APR IL 2025
```
|||**`Page`**||
|---|---|---|---|
|**`R eport of the Trustees`**||`1`||
|**`Independent Exam iner's R eport`**||`2`||
|**`Statem ent of Financial Activities`**||`3`||
|**`Balance Sheet`**||`4`||
|**`N otes to the Financial Statem ents`**|`5`|`to`|`8`|
|**`D etailed Statem ent of Financial Activities`**||`9`||
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`R EPO R T O F TH E TR U STEES`**
## **`FO R TH E YEAR EN D ED 5 APR IL 2025`**
```
Thetrusteespresent their report withthefinancial statementsof thecharityfor theyear ended5April2025. The trustees
haveadoptedtheprovisionsof AccountingandR eportingbyCharities:Statement of R ecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancial R eportingStandardapplicableintheU Kand R epublic
of Ireland (FR S 102) (effective 1 January 2019).
```
## **`O BJECTIVES AN D ACTIVITIES`**
```
Theobjectsandtheaimofthecharityisforthebenefitofcharitiesandcharitablepurposesasthetrusteesdecide as
appropriate. In the main it gives donations to a registered charity, the Camphill Village Trust and its associated homes.
```
## **`FIN AN CIAL R EVIEW`**
```
Incomeduringtheyearwasmostlymadeofdonationsreceivedof£44,500(2024:£14,853),requiredtofund the
subsequent charitable donations and other outgoings.
```
```
Charitabledonationsof£57,097(2024:£49,264)inthemainwenttoacharitysupportingdisadvantagedmembers of
society.
```
```
Assets at year-end stood at £32,704 (2024: £45,602).
```
## **`STR U CTU R E, G O VER N AN CE AN D M AN AG EM EN T`**
```
The day-to-day governance of the charity is under the control of R J Wolfe, one of the trustees.
```
```
Accounts are approved by the trustees.
```
## **`R EFER EN CE AN D AD M IN ISTR ATIVE D ETAILS R egistered Charity num ber`**
```
259981
```
## **`Principal address`**
```
3 R ochester Terrace
London
N W1 9JN
```
```
Trustees
D r G L Kaufmann
R J Wolfe
Independent Examiner
Xeinadin Swiss Cottage Limited
H arben H ouse
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
15/07/2026
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
.................................................................
R J Wolfe - Trustee
```
```
Page 1
```
```
IN D EPEN D EN T EXAMIN ER 'S R EPO R T TO TH E TR U STEES O F
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`Independent exam iner's report to the trustees of R uth W olfe Charitable Settlem ent C`**
```
I report tothecharitytrusteesonmyexaminationof theaccountsof R uthWolfeCharitableSettlementC(theTrust) for
the year ended 5 April 2025.
```
## **`R esponsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
I report inrespect of myexaminationof theTrust'saccountscarriedout under Section145of theAct andincarrying out
myexaminationI havefollowedallapplicableD irectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
```
## **`Independent exam iner's statem ent`**
```
Ihavecompletedmyexamination.Iconfirmthat nomaterial mattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
```
`1. accounting records w ere not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord w ith those records; or`
`3. the accounts do not com ply w ith the applicable requirem ents concerning the form and content of accounts set out in the Charities (Accounts and R eports) R egulations 2008 other than any requirem ent that the accounts give a true and fair view w hich is not a m atter considered as part of an independent exam ination.`
```
I havenoconcernsandhavecomeacrossnoother mattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Anthony Cowan FCA
```
```
Xeinadin Swiss Cottage Limited
```
```
H arben H ouse
```
```
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
```
```
15/07/2026
D ate: .............................................
```
```
Page 2
```
## **`R U TH W O LFE CH AR ITABLE SETTLEM EN T C`**
## **`STATEM EN T O F FIN AN CIAL ACTIVITIES FO R TH E YEAR EN D ED 5 APR IL 2025`**
|**`2025`**
**`U nrestricted`**
**`fund`**
`N otes`
**`£`**
**`IN CO M E AN D EN D O W M EN TS FR O M `**
`D onations and legacies`
**`44,500`**
`Investm ent incom e `
`2`
**`1,165`**
**`Total`**
**`45,665`**
**`EXPEN D ITU R E O N`**
**`Charitable activities`**
`D onations paid`
**`57,097`**
`O ther`
**`1,466`**
**`Total`**
**`58,563`**
**`N ET IN CO M E/(EXPEN D ITU R E)`**
**`(12,898 )`**
**`R ECO N CILIATIO N O F FU N D S`**
`Total funds brought forw ard`
**`45,602`**
**`TO TAL FU N D S CAR R IED FO R W AR D`**
**`32,704`**|`2024`
`Total`
`funds`
`£`
`14,853`
`1,475`
`16,328`
`49,265`
`4,823`
`54,088`
`(37,760 )`
`83,362`
`45,602`|
|---|---|
```
The notes form part of these financial statements
```
```
Page 3
```
## **`R U TH W O LFE CH AR ITABLE SETTLEM EN T C`**
## **`BALAN CE SH EET`**
## **`5 APR IL 2025`**
|**`2025`**
**`U nrestricted`**
**`fund`**
`N otes`
**`£`**
**`CU R R EN T ASSETS`**
`Investm ents`
`5`
**`18,968`**
`Cash at bank`
**`14,870`**
**`33,838`**
**`CR ED ITO R S`**
`Am ounts falling due w ithin one year`
`6`
**`(1,134)`**
**`N ET CU R R EN T ASSETS`**
**`32,704`**
**`TO TAL ASSETS LESS CU R R EN T LIABILITIES`**
**`32,704`**
**`N ET ASSETS`**
**`32,704`**
**`FU N D S`**
`7`
`U nrestricted funds`
**`32,704`**
**`TO TAL FU N D S`**
**`32,704`**|`2024`
`Total`
`funds`
`£`
`16,506`
`31,197`
`47,703`
`(2,101)`
`45,602`
`45,602`
`45,602`
`45,602`
`45,602`|
|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and w15/07/2026ere signed on its behalf by:
```
```
.............................................
```
```
R J Wolfe - Trustee
```
```
The notes form part of these financial statements
```
```
Page 4
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`1. ACCO U N TIN G PO LICIES`**
## **`Basis of preparing the financial statem ents`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFR S102,havebeenprepared in
accordancewiththeCharitiesSO R P(FR S102)'AccountingandR eportingbyCharities:Statement of
R ecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial R eporting
StandardapplicableintheU KandR epublicof Ireland(FR S102)(effective1January2019)',Financial R eporting
Standard102'TheFinancial R eportingStandardapplicableintheU KandR epublicof Ireland'andtheCharities Act
2011. The financial statements have been prepared under the historical cost convention.
```
## **`Incom e`**
```
AllincomeisrecognisedintheStatementof Financial Activitiesoncethecharityhasentitlementtothefunds, it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferof economicbenefitswill berequiredinsettlement and
theamount of theobligationcanbemeasuredreliably. Expenditureisaccountedfor onanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateall costrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
U nrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
R estrictedfundscanonlybeusedfor particularrestrictedpurposeswithintheobjectsof thecharity. R estrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`2. IN VESTM EN T IN CO M E`**
|**`IN VESTM EN T IN CO M E `**|||
|---|---|---|
|`D ividends R eceived`
`D eposit account interest`|**`2025`**
**`£`**
**`1,132`**
**`33`**
**`1,165`**|`2024`
`£`
`1,373`
`102`|
|||`1,475`|
## **`3. TR U STEES' R EM U N ER ATIO N AN D BEN EFITS`**
```
Therewerenotrustees' remunerationorotherbenefitsfortheyearended5April 2025norfortheyear ended
5 April 2024.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
```
```
continued...
```
```
Page 5
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
|**`4.`**
**`CO M PAR ATIVES FO R TH E STATEM EN T O F FIN AN CIAL ACTIVI`**
**`IN CO M E AN D EN D O W M EN TS FR O M `**
`D onations and legacies`
`Investm ent incom e `
**`Total`**
**`EXPEN D ITU R E O N`**
**`Charitable activities`**
`D onations paid`
`O ther`
**`Total`**
**`N ET IN CO M E/(EXPEN D ITU R E)`**
**`R ECO N CILIATIO N O F FU N D S`**
`Total funds brought forw ard`
**`TO TAL FU N D S CAR R IED FO R W AR D`**
**`5.`**
**`CU R R EN T ASSET IN VESTM EN TS`**
`Listed investm ents`
**`6.`**
**`CR ED ITO R S: AM O U N TS FALLIN G D U E W ITH IN O N E YEAR`**
`O ther creditors`
**`7.`**
**`M O VEM EN T IN FU N D S`**
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|**`TIES`**
`At 6.4.24`
`£`
**`45,602`**
**`45,602`**||**`2025`**
**`£`**
**`18,968`**
**`2025`**
**`£`**
**`1,134`**
`N et`
`m ovem ent`
`in funds`
`£`
**`(12,898 )`**
**`(12,898 )`**|`U`|`nrestricted`
`fund`
`£`
`14,853`
`1,475`
`16,328`
`49,265`
`4,823`
`54,088`
`(37,760 )`
`83,362`
`45,602`
`2024`
`£`
`16,506`
`2024`
`£`
`2,101`
`At`
`5.4.25`
`£`
**`32,704`**
**`32,704`**|
|---|---|---|---|---|---|
|||||||
```
continued...
```
```
Page 6
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`7. M O VEM EN T IN FU N D S - continued`**
```
N et movement in funds, included in the above are as follows:
```
|**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`Incom ing`
`resources`
`£`
**`45,665`**
**`45,665`**|`R esources`
`M`
`expended`
`£`
**`(58,563 )`**
**`(58,563 )`**|`ovem ent`
`in funds`
`£`
**`(12,898 )`**
**`(12,898 )`**|
|---|---|---|---|
## **`Com paratives for m ovem ent in funds`**
|
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**
`Com parative net m ovem ent in funds, included in the above are as follo`
`r`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**
`A current year 12 m onths and prior year 12 m onths com bined position`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`N et`
`m ovem ent`
`At 6.4.23`
`in funds`
`£`
`£`
`83,362`
`(37,760 )`
`83,362`
`(37,760 )`
`w s:`
`Incom ing`
`R esources`
`M `
`esources`
`expended`
`i`
`£`
`£`
`16,328`
`(54,088 )`
`16,328`
`(54,088 )`
`is as follow s:`
`N et`
`m ovem ent`
`At 6.4.23`
`in funds`
`£`
`£`
`83,362`
`(50,658 )`
`83,362`
`(50,658 )`|`At`
`5.4.24`
`£`
`45,602`
`45,602`
`ovem ent`
`n funds`
`£`
`(37,760 )`
`(37,760 )`
`At`
`5.4.25`
`£`
`32,704`
`32,704`|
|---|---|---|
```
continued...
```
```
Page 7
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`7. M O VEM EN T IN FU N D S - continued`**
```
Acurrentyear 12monthsandprioryear 12monthscombinednet movementinfunds, includedintheabove are
as follows:
```
|`r`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`Incom ing`
`R esources`
`M `
`esources`
`expended`
`i`
`£`
`£`
`61,993`
`(112,651 )`
`61,993`
`(112,651 )`|`ovem ent`
`n funds`
`£`
`(50,658 )`
`(50,658 )`|
|---|---|---|
## **`8. R ELATED PAR TY D ISCLO SU R ES`**
```
There were no related party transactions for the year ended 5 April 2025.
```
```
Page 8
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`D ETAILED STATEM EN T O F FIN AN CIAL ACTIVITIES`**
## **`FO R TH E YEAR EN D ED 5 APR IL 2025`**
|`2025`
`2`
`£`
**`IN CO M E AN D EN D O W M EN TS`**
**`D onations and legacies`**
`D onations`
**`44,500`**
**`Investm ent incom e`**
`D ividends R eceived`
**`1,132`**
`D eposit account interest`
**`33`**
**`1,165`**
**`Total incom ing resources`**
**`45,665`**
**`EXPEN D ITU R E`**
**`Charitable activities`**
`D onations`
**`57,097`**
**`O ther`**
`U nrealised loss on investm ents`
**`232`**
**`Support costs`**
**`M anagem ent`**
`Sundries`
**`-`**
**`Finance`**
`Bank charges`
**`100`**
**`G overnance costs`**
`Legal and professional fees`
**`1,134`**
`Total resources expended`
**`58,563`**
**`N et expenditure`**
**`(12,898 )`**|`024`
`£`
`14,853`
`1,373`
`102`
`1,475`
`16,328`
`49,264`
`3,422`
`376`
`1`
`1,025`
`54,088`
`(37,760 )`|
|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 9
```
```
R EG ISTER ED CH AR ITY N U MBER : 259981
```
```
R EPO R T O F TH E TR U STEES AN D
```
## **`U N AU D ITED FIN AN CIAL STATEM EN TS`**
```
FO R TH E YEAR EN D ED 5 APR IL 2025
```
## **`FO R`**
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
```
Xeinadin Swiss Cottage Limited
H arben H ouse
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
```
CO N TEN TS O F TH E FIN AN CIAL STATEMEN TS
FO R TH E YEAR EN D ED 5 APR IL 2025
```
|||**`Page`**||
|---|---|---|---|
|**`R eport of the Trustees`**||`1`||
|**`Independent Exam iner's R eport`**||`2`||
|**`Statem ent of Financial Activities`**||`3`||
|**`Balance Sheet`**||`4`||
|**`N otes to the Financial Statem ents`**|`5`|`to`|`8`|
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`R EPO R T O F TH E TR U STEES`**
## **`FO R TH E YEAR EN D ED 5 APR IL 2025`**
```
Thetrusteespresent their report withthefinancial statementsof thecharityfor theyear ended5April2025. The trustees
haveadoptedtheprovisionsof AccountingandR eportingbyCharities:Statement of R ecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancial R eportingStandardapplicableintheU Kand R epublic
of Ireland (FR S 102) (effective 1 January 2019).
```
## **`O BJECTIVES AN D ACTIVITIES`**
```
Theobjectsandtheaimofthecharityisforthebenefitofcharitiesandcharitablepurposesasthetrusteesdecide as
appropriate. In the main it gives donations to a registered charity, the Camphill Village Trust and its associated homes.
```
## **`FIN AN CIAL R EVIEW`**
```
Incomeduringtheyearwasmostlymadeofdonationsreceivedof£44,500(2024:£14,853),requiredtofund the
subsequent charitable donations and other outgoings.
```
```
Charitabledonationsof£57,097(2024:£49,264)inthemainwenttoacharitysupportingdisadvantagedmembers of
society.
```
```
Assets at year-end stood at £32,704 (2024: £45,602).
```
## **`STR U CTU R E, G O VER N AN CE AN D M AN AG EM EN T`**
```
The day-to-day governance of the charity is under the control of R J Wolfe, one of the trustees.
```
```
Accounts are approved by the trustees.
```
## **`R EFER EN CE AN D AD M IN ISTR ATIVE D ETAILS R egistered Charity num ber`** `259981`
```
Principal address
3 R ochester Terrace
London
N W1 9JN
```
```
Trustees
D r G L Kaufmann
R J Wolfe
Independent Examiner
Xeinadin Swiss Cottage Limited
H arben H ouse
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
15/07/2026
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
.................................................................
R J Wolfe - Trustee
```
```
Page 1
```
```
IN D EPEN D EN T EXAMIN ER 'S R EPO R T TO TH E TR U STEES O F
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`Independent exam iner's report to the trustees of R uth W olfe Charitable Settlem ent C`**
```
I report tothecharitytrusteesonmyexaminationof theaccountsof R uthWolfeCharitableSettlementC(theTrust) for
the year ended 5 April 2025.
```
## **`R esponsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
I report inrespect of myexaminationof theTrust'saccountscarriedout under Section145of theAct andincarrying out
myexaminationI havefollowedallapplicableD irectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
```
## **`Independent exam iner's statem ent`**
```
Ihavecompletedmyexamination.Iconfirmthat nomaterial mattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
```
`1. accounting records w ere not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord w ith those records; or`
`3. the accounts do not com ply w ith the applicable requirem ents concerning the form and content of accounts set out in the Charities (Accounts and R eports) R egulations 2008 other than any requirem ent that the accounts give a true and fair view w hich is not a m atter considered as part of an independent exam ination.`
```
I havenoconcernsandhavecomeacrossnoother mattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Anthony Cowan FCA
```
```
Xeinadin Swiss Cottage Limited
```
```
H arben H ouse
```
```
H arben Parade
Finchley R oad
LO N D O N
N W3 6LH
15/07/2026
D ate: .............................................
```
```
Page 2
```
## **`R U TH W O LFE CH AR ITABLE SETTLEM EN T C`**
## **`STATEM EN T O F FIN AN CIAL ACTIVITIES FO R TH E YEAR EN D ED 5 APR IL 2025`**
|**`2025`**
**`U nrestricted`**
**`fund`**
`N otes`
**`£`**
**`IN CO M E AN D EN D O W M EN TS FR O M `**
`D onations and legacies`
**`44,500`**
`Investm ent incom e `
`2`
**`1,165`**
**`Total`**
**`45,665`**
**`EXPEN D ITU R E O N`**
**`Charitable activities`**
`D onations paid`
**`57,097`**
`O ther`
**`1,466`**
**`Total`**
**`58,563`**
**`N ET IN CO M E/(EXPEN D ITU R E)`**
**`(12,898 )`**
**`R ECO N CILIATIO N O F FU N D S`**
`Total funds brought forw ard`
**`45,602`**
**`TO TAL FU N D S CAR R IED FO R W AR D`**
**`32,704`**|`2024`
`Total`
`funds`
`£`
`14,853`
`1,475`
`16,328`
`49,265`
`4,823`
`54,088`
`(37,760 )`
`83,362`
`45,602`|
|---|---|
```
The notes form part of these financial statements
```
```
Page 3
```
## **`R U TH W O LFE CH AR ITABLE SETTLEM EN T C`**
## **`BALAN CE SH EET`**
## **`5 APR IL 2025`**
|**`2025`**
**`U nrestricted`**
**`fund`**
`N otes`
**`£`**
**`CU R R EN T ASSETS`**
`Investm ents`
`5`
**`18,968`**
`Cash at bank`
**`14,870`**
**`33,838`**
**`CR ED ITO R S`**
`Am ounts falling due w ithin one year`
`6`
**`(1,134)`**
**`N ET CU R R EN T ASSETS`**
**`32,704`**
**`TO TAL ASSETS LESS CU R R EN T LIABILITIES`**
**`32,704`**
**`N ET ASSETS`**
**`32,704`**
**`FU N D S`**
`7`
`U nrestricted funds`
**`32,704`**
**`TO TAL FU N D S`**
**`32,704`**|`2024`
`Total`
`funds`
`£`
`16,506`
`31,197`
`47,703`
`(2,101)`
`45,602`
`45,602`
`45,602`
`45,602`
`45,602`|
|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and w15/07/2026ere signed on its behalf by:
```
```
.............................................
```
```
R J Wolfe - Trustee
```
```
The notes form part of these financial statements
```
```
Page 4
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`1. ACCO U N TIN G PO LICIES`**
## **`Basis of preparing the financial statem ents`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFR S102,havebeenprepared in
accordancewiththeCharitiesSO R P(FR S102)'AccountingandR eportingbyCharities:Statement of
R ecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial R eporting
StandardapplicableintheU KandR epublicof Ireland(FR S102)(effective1January2019)',Financial R eporting
Standard102'TheFinancial R eportingStandardapplicableintheU KandR epublicof Ireland'andtheCharities Act
2011. The financial statements have been prepared under the historical cost convention.
```
## **`Incom e`**
```
AllincomeisrecognisedintheStatementof Financial Activitiesoncethecharityhasentitlementtothefunds, it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferof economicbenefitswill berequiredinsettlement and
theamount of theobligationcanbemeasuredreliably. Expenditureisaccountedfor onanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateall costrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
U nrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
R estrictedfundscanonlybeusedfor particularrestrictedpurposeswithintheobjectsof thecharity. R estrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`2. IN VESTM EN T IN CO M E`**
|**`IN VESTM EN T IN CO M E `**|||
|---|---|---|
|`D ividends R eceived`
`D eposit account interest`|**`2025`**
**`£`**
**`1,132`**
**`33`**
**`1,165`**|`2024`
`£`
`1,373`
`102`|
|||`1,475`|
## **`3. TR U STEES' R EM U N ER ATIO N AN D BEN EFITS`**
```
Therewerenotrustees' remunerationorotherbenefitsfortheyearended5April 2025norfortheyear ended
5 April 2024.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
```
```
continued...
```
```
Page 5
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
|**`4.`**
**`CO M PAR ATIVES FO R TH E STATEM EN T O F FIN AN CIAL ACTIVI`**
**`IN CO M E AN D EN D O W M EN TS FR O M `**
`D onations and legacies`
`Investm ent incom e `
**`Total`**
**`EXPEN D ITU R E O N`**
**`Charitable activities`**
`D onations paid`
`O ther`
**`Total`**
**`N ET IN CO M E/(EXPEN D ITU R E)`**
**`R ECO N CILIATIO N O F FU N D S`**
`Total funds brought forw ard`
**`TO TAL FU N D S CAR R IED FO R W AR D`**
**`5.`**
**`CU R R EN T ASSET IN VESTM EN TS`**
`Listed investm ents`
**`6.`**
**`CR ED ITO R S: AM O U N TS FALLIN G D U E W ITH IN O N E YEAR`**
`O ther creditors`
**`7.`**
**`M O VEM EN T IN FU N D S`**
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|**`TIES`**
`At 6.4.24`
`£`
**`45,602`**
**`45,602`**||**`2025`**
**`£`**
**`18,968`**
**`2025`**
**`£`**
**`1,134`**
`N et`
`m ovem ent`
`in funds`
`£`
**`(12,898 )`**
**`(12,898 )`**|`U`|`nrestricted`
`fund`
`£`
`14,853`
`1,475`
`16,328`
`49,265`
`4,823`
`54,088`
`(37,760 )`
`83,362`
`45,602`
`2024`
`£`
`16,506`
`2024`
`£`
`2,101`
`At`
`5.4.25`
`£`
**`32,704`**
**`32,704`**|
|---|---|---|---|---|---|
|||||||
```
continued...
```
```
Page 6
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`7. M O VEM EN T IN FU N D S - continued`**
```
N et movement in funds, included in the above are as follows:
```
|**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`Incom ing`
`resources`
`£`
**`45,665`**
**`45,665`**|`R esources`
`M`
`expended`
`£`
**`(58,563 )`**
**`(58,563 )`**|`ovem ent`
`in funds`
`£`
**`(12,898 )`**
**`(12,898 )`**|
|---|---|---|---|
## **`Com paratives for m ovem ent in funds`**
|
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**
`Com parative net m ovem ent in funds, included in the above are as follo`
`r`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**
`A current year 12 m onths and prior year 12 m onths com bined position`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`N et`
`m ovem ent`
`At 6.4.23`
`in funds`
`£`
`£`
`83,362`
`(37,760 )`
`83,362`
`(37,760 )`
`w s:`
`Incom ing`
`R esources`
`M `
`esources`
`expended`
`i`
`£`
`£`
`16,328`
`(54,088 )`
`16,328`
`(54,088 )`
`is as follow s:`
`N et`
`m ovem ent`
`At 6.4.23`
`in funds`
`£`
`£`
`83,362`
`(50,658 )`
`83,362`
`(50,658 )`|`At`
`5.4.24`
`£`
`45,602`
`45,602`
`ovem ent`
`n funds`
`£`
`(37,760 )`
`(37,760 )`
`At`
`5.4.25`
`£`
`32,704`
`32,704`|
|---|---|---|
```
continued...
```
```
Page 7
```
```
R U TH WO LFE CH AR ITABLE SETTLEMEN T C
```
## **`N O TES TO TH E FIN AN CIAL STATEM EN TS - continued FO R TH E YEAR EN D ED 5 APR IL 2025`**
## **`7. M O VEM EN T IN FU N D S - continued`**
```
Acurrentyear 12monthsandprioryear 12monthscombinednet movementinfunds, includedintheabove are
as follows:
```
|`r`
**`U nrestricted funds`**
`G eneral fund`
**`TO TAL FU N D S`**|`Incom ing`
`R esources`
`M `
`esources`
`expended`
`i`
`£`
`£`
`61,993`
`(112,651 )`
`61,993`
`(112,651 )`|`ovem ent`
`n funds`
`£`
`(50,658 )`
`(50,658 )`|
|---|---|---|
## **`8. R ELATED PAR TY D ISCLO SU R ES`**
```
There were no related party transactions for the year ended 5 April 2025.
```
```
Page 8
```