**Charity number: 261991**
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 5 APRIL 2025**
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
|**CONTENTS**||
|---|---|
||Page|
|**Reference and administrative details of the Charitable Trust, its Trustees and**|1|
|**advisers**||
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 18|
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE TRUST, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025**
|**Trustees**|Mrs CA Jackson|
|---|---|
||Mr R M Jackson M.R.I.C.S.|
||Mrs V J Lindsay|
|**Charity registered**
**number**
261991
**Principal office**
21 Bullingham Mansions
Pitt Street
London
W8 4JH
**Accountants**
Ryecroft Glenton
Chartered Accountants
32 Portland Terrace
Newcastle upon Tyne
Tyne & Wear
NE2 1QP
**Investment Advisers**
Brewin Dolphin
12 Smithfield Street
London
EC1A 9BD||
Page 1
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025**
The Trustees present their annual report together with the financial statements of the Charitable Trust for the year 6 April 2024 to 5 April 2025.
## **Objectives and activities**
## **Policies and objectives**
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Main activities undertaken to further the Charitable Trust's purposes for the public benefit**
The Charitable Trust achieves its purposes for the public benefit by generating returns on investments to provide grants to charitable organisations at the Trustees' discretion.
## **Achievements and performance**
## **Main achievements of the Charitable Trust**
The Charitable Trust supports local charities predominantly in the South East of England including local branches of national charities but with priority given to those with low overheads. The Trustees have had regard to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charitable Trust’s aims and objectives. Grants are made to registered charities only and no grants are made to overseas projects, for salaries or to individuals. The Trustees require a receipt from the donee in respect of each grant. In order to achieve its object for the public benefit the Trustees prefer to give regular grants and are especially interested in:
People with physical or mental handicaps - improving their quality of life through equipment, activities and holidays.
- The young with particular emphasis on improving prospects of employment by education and meaningful activities. Health - improving the quality of life of the ill, their carers and the old either at home or in hospital.
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charitable Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Page 2
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025**
## **Financial review, achievements and investments policy**
The Charitable Trust was set up with a fund of £100,000 by Christopher Rowbotham in 1970 and this capital now amounts to £1,536,693. The fund generated income of £29,091 during the year (2024: £24,989) to fund grants, which with associated costs amounted to £49,004 (2024: £47,867). The Trustees are pleased to have been able to support 31 charitable organisations during the year, granting £30,000 (2024: £29,500 to 32 organisations).
The majority of the Charitable Trust's reserves of £1,536,693 are held as investments to generate future income. At 5 April 2025 these amounted to £1,513,638 (2024: £1,536,018). Net current assets (cash plus debtors less short term creditors) amounted to £23,055 (2024: £50,166).
There is no restriction on the Charitable Trust’s power to invest. The investment strategy is set periodically by the Trustees to take account of the need for funds and the maintenance of the value of the assets.
The Trustees have appointed Brewin Dolphin to manage a diversified portfolio of suitable investments on a discretionary basis. The Trustees have selected a balanced investment objective with medium risk. The proportions invested in equities, fixed income stocks and cash are reviewed with Brewin Dolphin from time to time. For the purposes of the Charitable Trust, the Trustees wish to withdraw a sum each year to meet their expenditure. This requirement will be discussed with Brewin Dolphin as necessary. The withdrawals may be met from income or capital.
## **Structure, governance and management**
The Charitable Trust is not incorporated, and is constituted under deed dated 10 November 1970, and is registered as a charity in England, number 261991.
The Trustees who have served during the year and since the year end are set out on page 1.
Trustees are appointed or removed by deed and in accordance with the deed and following her father’s death during her lifetime, Mrs C A Jackson alone now has the power to appoint or remove Trustees.
The Trustees normally meet annually to discuss grant making and other matters arising. All decisions are made in consultation with the charity’s advisers.
## **Risk management**
The Trustees have examined the main strategic, management and operational risks facing the Charitable Trust and continue to monitor the arrangements and systems in place so that any necessary steps can be taken to mitigate those risks. The main risk to the Charitable Trust is the diminution of the value of its investment portfolio. This risk is mitigated by the appointment of a suitable investment advisor to manage a diversified portfolio of suitable investments on a discretionary basis. The Trustees have selected a balanced investment objective with medium risk. The proportions invested in equities, fixed income stocks and cash are reviewed with the investment advisor from time to time.
## **Plans for future periods**
The Trustees plan to continue to generate income from investments for allocation to causes in the stated geographical areas for the public benefit for the foreseeable future.
Page 3
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025**
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charitable Trust and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Trust will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable Trust's transactions and disclose with reasonable accuracy at any time the financial position of the Charitable Trust and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charitable Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 28 November 2025 and signed on their behalf by:
## **Mrs CA Jackson**
(Chair of Trustees)
Page 4
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025**
## **Independent examiner's report to the Trustees of The Christopher Rowbotham Charitable Trust ('the Charitable Trust')**
I report to the charity Trustees on my examination of the accounts of the Charitable Trust for the year ended 5 April 2025.
## **Responsibilities and basis of report**
As the Trustees of the Charitable Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charitable Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the Charitable Trust has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charitable Trust as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (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 independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Dated: 2 December 2025
Deborah Graham FCA
Ryecroft Glenton Chartered Accountants 32 Portland Terrace Newcastle upon Tyne, NE2 1QP
Page 5
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025**
|**Note**
**Income from:**
Investments
3
**Total income**
**Expenditure on:**
Raising funds
4
Charitable activities
6
**Total expenditure**
**Net expenditure before net (losses)/gains on**
**investments**
Net (losses)/gains on investments
11
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
**29,091**
**29,091**
**10,885**
**38,119**
**49,004**
**(19,913)**
**(29,578)**
**(49,491)**
**1,586,184**
**(49,491)**
**1,536,693**|**Total**
**funds**
**2025**
**£**
**29,091**
**29,091**
**10,885**
**38,119**
**49,004**
**(19,913)**
**(29,578)**
**(49,491)**
**1,586,184**
**(49,491)**
**1,536,693**|_Total_
_funds_
_2024_
_£_
_24,989_
_24,989_
_10,144_
_37,723_
_47,867_
_(22,878)_
_133,043_
_110,165_
_1,476,019_
_110,165_
_1,586,184_|
|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 18 form part of these financial statements.
Page 6
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **BALANCE SHEET AS AT 5 APRIL 2025**
|**Note**
**Fixed assets**
Investments
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
13
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Unrestricted funds
15
**Total funds**|**2,084**
**27,986**
**30,070**
**(7,015)**|**2025**
**£**
**1,513,638**
**1,513,638**
**23,055**
**1,536,693**
**1,536,693**
**1,536,693**
**1,536,693**|_2,699_
_55,906_
_58,605_
_(8,439)_|_2024_
_£_
_1,536,018_|
|---|---|---|---|---|
|||||_1,536,018_
_50,166_|
|||||_1,586,184_|
|||||_1,586,184_|
|||||_1,586,184_|
|||||_1,586,184_|
The financial statements were approved and authorised for issue by the Trustees on 28 November 2025 and signed on their behalf by:
## **Mrs CA Jackson**
The notes on pages 8 to 18 form part of these financial statements.
Page 7
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **1. General information**
The Christopher Rowbotham Charitable Trust is an unincorporated trust, constituted under a deed dated 10 November 1970 and is a registered charity number 261991. The address of its registered office is disclosed in the Reference and Administrative Details section of these financial statements.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Charities Act 2011, and the Charity (Accounts and Reports) Regulations 2008.
The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.
The Christopher Rowbotham Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Charitable Trust has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on raising funds are investment management costs.
Expenditure on charitable activities are costs incurred on the charity's grant-giving operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable Trust; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
Page 8
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **2. Accounting policies (continued)**
## **2.5 Investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
## **2.6 Debtors**
Debtors are cash held by investment managers for investment and dividends collected by investment managers not yet remitted to the charity.
## **2.7 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.8 Liabilities**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charitable Trust anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **2.9 Financial instruments**
The Charitable Trust has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.10 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Trust and which have not been designated for other purposes.
All funds are stated in the trust Deed as being available for distribution. The funds are shown as income and capital in order that the income arising on investments can be accounted for more readily.
Investment income, gains and losses are allocated to the appropriate fund.
Page 9
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **3. Investment income**
|**Unrestricted**
**funds**
**2025**
**£**
Dividends and interest received on listed securities
28,834
Interest received from bank deposits
257
**Total 2025**
29,091
_Unrestricted_
_funds_
_2024_
_£_
Dividends and interest received on listed securities
_24,832_
Interest received from bank deposits
_157_
_Total 2024_
_24,989_|**Total**
**funds**
**2025**
**£**
**28,834**
**257**
**29,091**|
|---|---|
||_Total_
_funds_
_2024_
_£_
_24,832_
_157_
_24,989_|
## **4. Investment management costs**
|**Unrestricted**
**funds**
**2025**
**£**
Investment management fees
10,885
_Unrestricted_
_funds_
_2024_
_£_
Investment management fees
_10,144_|**Total**
**funds**
**2025**
**£**
**10,885**|
|---|---|
||_Total_
_funds_
_2024_
_£_
_10,144_|
Page 10
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **5. Analysis of grants**
|**Grants to**
**Institutions**
**2025**
**£**
Grants payable - unrestricted funds
30,000
_Grants to_
_Institutions_
_2024_
_£_
Grants payable - unrestricted funds
_29,500_
**6.**
**Analysis of expenditure on charitable activities**
**Summary by fund type**
**Unrestricted**
**funds**
**2025**
**£**
Grants payable
38,119
_Unrestricted_
_funds_
_2024_
_£_
Grants payable
_37,723_|**Total**
**funds**
**2025**
**£**
**30,000**|
|---|---|
||_Total_
_funds_
_2024_
_£_
_29,500_|
||**Total**
**2025**
**£**
**38,119**|
||_Total_
_2024_
_£_
_37,723_|
Page 11
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **7. Analysis of grants paid to institutions**
|The Douglas Bader Foundation
Dad's House
Chailey Heritage Foundation
City of London Sinfonia
Listening Books
Wheelyboat Trust
Sophie's Legacy
RNLI Brixham
Stamfordham Primary School
Blind in Business
Canine Partners
The Children's Magical Taxi Tour
Grief Encounter
New Bridge
The Back-up Trust
The Listening Place
Ocean Youth Trust North
The Oswin Project
Reading Real Estate Foundation
Restore the Music
The Change Foundation
Disabled Sailors Foundation
London Wheelchair Rugby Club
Rocking Horses Children Charity
Walhampton School Trust
Speech & Language UK
Grants under £1,000|**2025**
**£**
**-**
**1,000**
**1,500**
**1,250**
**1,250**
**1,000**
**1,000**
**1,000**
**1,000**
**1,000**
**1,000**
**1,500**
**1,500**
**1,250**
**-**
**1,000**
**-**
**-**
**-**
**1,000**
**1,500**
**1,000**
**1,000**
**1,000**
**1,500**
**1,250**
**5,500**
**30,000**|_2024_
_£_
_1,000_
_-_
_1,250_
_1,250_
_1,250_
_-_
_-_
_1,000_
_1,000_
_-_
_1,000_
_1,500_
_1,000_
_1,250_
_1,000_
_1,000_
_1,000_
_1,000_
_1,000_
_1,000_
_1,500_
_1,000_
_1,000_
_1,000_
_1,000_
_1,000_
_5,500_
_29,500_|
|---|---|---|
Page 12
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **8. Analysis of expenditure by activities**
|Grants payable
Grants payable
**Analysis of support costs**
Independent Examiner's fees
Accountancy fees
Secretarial services
Sundry expenses
Trustees expenses reimbursed
Bank charges
**Total 2025**|**Grant**
**funding of**
**activities**
**2025**
**£**
30,000
_Grant_
_funding of_
_activities_
_2024_
_£_
_29,500_|**Support**
**costs**
**2025**
**£**
8,119
_Support_
_costs_
_2024_
_£_
_8,223_
**Grant**
**funding of**
**activities**
**2025**
**£**
2,507
3,523
1,500
320
70
199
8,119|**Total**
**funds**
**2025**
**£**
**38,119**|
|---|---|---|---|
||||_Total_
_funds_
_2024_
_£_
_37,723_|
||||**Total**
**funds**
**2025**
**£**
**2,507**
**3,523**
**1,500**
**320**
**70**
**199**
**8,119**|
Page 13
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of support costs (continued)**
|Independent Examiner's fees
Accountancy fees
Secretarial services
Sundry expenses
Trustees expenses reimbursed
Bank charges
_Total 2024_
All support costs relate to the governance of the Charitable Trust.|_Grant_
_funding of_
_activities_
_2024_
_£_
_2,436_
_3,420_
_1,500_
_599_
_68_
_200_
_8,223_|_Total_
_funds_
_2024_
_£_
_2,436_
_3,420_
_1,500_
_599_
_68_
_200_
_8,223_|
|---|---|---|
||||
## **9.**
## **Independent examiner's remuneration**
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charitable Trust's independent examiner for the|||
|independent examination of the Charitable Trust's annual accounts|**2,507**|_2,436_|
|Fees payable to the Charitable Trust's independent examiner in respect of:|||
|Provision of accountancy services|**3,420**|_3,420_|
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2024 - £NIL)_ .
During the year ended 5 April 2025, Trustees expenses amounting to £70 have been reimbursed to 1 Trustee (2024 - 1 Trustee £68).
Page 14
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
**11. Fixed asset investments**
|**Cost or valuation**
At 6 April 2024
Additions
Disposals
Revaluations
At 5 April 2025
**Net book value**
At 5 April 2025
_At 5 April 2024_
**12.**
**Debtors**
**Due within one year**
Unremitted dividend income
**13.**
**Creditors: Amounts falling due within one year**
Accruals|**2025**
**£**
**2,084**
**2,084**
**2025**
**£**
**7,015**|**Listed**
**investments**
**£**
**1,536,018**
**229,758**
**(222,560)**
**(29,578)**
**1,513,638**
**1,513,638**
_1,536,018_
_2024_
_£_
_2,699_
_2,699_
_2024_
_£_
_8,439_|
|---|---|---|
Page 15
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **14. Financial instruments**
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|**Financial assets**|||
|Financial assets measured at fair value through income and expenditure|**1,513,639**|_1,536,018_|
Financial assets measured at fair value through income and expenditure comprise investments in shares. All investments are carried at their fair value. Investment in equities and other securities are all traded in quoted public markets. The basis of fair value for quoted investments is equivalent to the market value.
The main risk to the Charitable Trust from these financial instruments lies in the combination of uncertain investment markets and volatility in yield. The Charitable Trust manages these investment risks by retaining expert advisors and operating an investment policy that provides for a high degree of diversification of holdings within investment asset classes that are quoted on recognised stock exchanges. The Charitable Trust does not make use of derivatives and similar complex financial instruments.
Page 16
## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **15. Statement of funds**
**Statement of funds - current year**
||**Balance at 6**|**Balance at 6**||||||**Gains/**|**Gains/**|**Balance at 5**|**Balance at 5**|
|---|---|---|---|---|---|---|---|---|---|---|---|
||**April 2024**||**Income**||**Expenditure**|||**(Losses)**|||**April 2025**|
||**£**||**£**|||**£**||**£**|||**£**|
|**Unrestricted funds**||||||||||||
|Capital fund|**1,588,918**||**-**|||**(10,885)**||**(29,578)**|||**1,548,455**|
|Income fund|**(2,734)**||**29,091**|||**(38,119)**||**-**|||**(11,762)**|
||**1,586,184**||**29,091**|||**(49,004)**||**(29,578)**|||**1,536,693**|
|||||||||||||
|**Statement of funds - prior year**||||||||||||
||_Balance at_|||||||_Gains/_|||_Balance at_|
||_1 April 2023_||_Income_|||_Expenditure_||_(Losses)_||_5 April 2024_||
||_£_||_£_|||_£_||_£_|||_£_|
|**Unrestricted funds**||||||||||||
|Capital fund|_1,466,019_||_-_|||_(10,144)_||_133,043_|||_1,588,918_|
|Income fund|_10,000_||_24,989_|||_(37,723)_||_-_|||_(2,734)_|
||_1,476,019_||_24,989_|||_(47,867)_||_133,043_|||_1,586,184_|
|||||||||||||
**16. Analysis of net assets between funds Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2025**
**£**
Fixed asset investments
1,513,638
Current assets
30,070
Creditors due within one year
(7,015)
**Total**
1,536,693|**Total**
**funds**
**2025**
**£**
**1,513,638**
**30,070**
**(7,015)**
**1,536,693**|
|---|---|
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## **THE CHRISTOPHER ROWBOTHAM CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **16. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Fixed asset investments
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2024_
_£_
_1,536,018_
_58,605_
_(8,439)_
_1,586,184_|_Total_
_funds_
_2024_
_£_
_1,536,018_
_58,605_
_(8,439)_
_1,586,184_|
|---|---|---|
## **17. Related party transactions**
The Charitable Trust has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charitable Trust at 5 April 2025.
Page 18