The Rou
hle
haritable Trust
Accounts
5 A ril 2024
tered
0. 264037

The Rou
hl Charita
le Trnst
tered Char
Numbe
264037
Ad
ve Address
The Rou8hlryCharitable Tru
562 Kenilworth Ro•£
BaJs8Jl Commot
Coventry.
CV7 7RL
c0rresp0ndent@r￿ghleYuWS(W&uk
httpJlWww.roughleytrusLo￿Uk
Tru$¢e¢s
Martin CG Smith.
John RL Smith.
Verity E Owen.
Rachel A Richard&
Ben M Newton.
Comilla Newton. (Chairl
Carolin¢ Ward.
Gillian Ball
John RL Smith. RetiTed 8th t)ecember 2023.
Qillian Ba]1 AppoiThted 8th D¢¢•nt*r2023
Inde
ndent Audlt
Lu£kmans Du¢kett P8rktt Limitcd
I 110 Elliott Court
Cov¢nty Busine55 PaTk
Herald Avenue
Coventry
CV5 6UB
coun¢*nts
G. C. Cooper A¢counthrb¢y Ud.
5 Church Mews
Barlby.
S¢lby.
North Yothir&
Y085LL

The Rou
hl Charitable Tr
Investment Man
RBC Brewin DolphiJL
The Chaiwin Buildi
81 Colmore Row.
Bimiit)gh8JY
B3 2BA
Banke
HSBC Bank pl
168 Warsrone Lan4
BinninghanL
B186NP.
Solieito
Shak¢5Fwe Martitw.
No I Colmor¢ Squ￿￿
Birnii
B4 6AA.

The Ro
hl Cbaritable Trust
Truslees, Re rt
r ended S A rll 2024
The Trustees present their Annual Ryrt for the yeaT ended the 5th April 2024.
Estsblishment:.
The Tntst is a registered dwity No.264037 and was establssheJJ on the 18th Awil 1972 by a De8J of Th￿1 by the Settlor
Mts M.K.Smith a￿1 is constituted as an unincryrnted association.
Both Maisie Smith and her husband Geofftry were Birniingham people. Maisie had growm up in Moseley and Geoffrey in
Handsworth. Geoffrey came from a Itne of butchus aThJ farnieys. His father wal￿ Smith built up a chain of but¢h¢ry shops
between the war& Maisie's ancesto￿ were (arpenters and build￿5. It was Bryants the buil¢kn stsrted by Maisie's gr4ndfather and
run by her brother Chri& which fI￿ed on the StLKk ExLknge and w)vid¥J Maisie 4TKI Geoffrey with the financial means to
estsbli5h the T￿St.
The Trust accepts unsolicited Applications from Bilmingham Chtritits who rned our el1￿1*111ty Criteri
The Tn￿t uses its knowledge of BTrmin8ham 10¢81 iwes aTrl nelgh1Krtrh￿ to swjport applicants who the Tnjst believes L7n
use Mode￿ gtanis for the weat¢s¢ benefit
The Trust interests are quite wide4anging. The Tntst is con¢¢rned aixmrt Climate change 2nd environmenL and 8¢tively seeks
greater engagement. The Trust also addre55es special need& depri7thtion •TMI disadvantagq fostering health and well being. and
supports Herits8e and Arts projects.
In small ways. th¢ TnLsI wants to make a big differentt to the projects it S￿[￿)￿S.
In addition. the TTUSt seeks io SUPE￿rt causes in whith the Wors ha¢L or Tntstees ha￿ a p￿sonal inl¢r¢st or involvement as
guided by the Trust Deed and Letter of Wishes of the Settlor. These are described more fully below. The Tn￿ does not accept
unsolicited applications in these cate8ori¢&
er GrnDts
The Trust 8iYes'larger grants, to a small number of Bimiin81￿M TegISt￿OI charitie5 of which one or more of the Tntstees hav¢ a
special knowldg¢ or inteTesL
NatlODal aDd Over5ea5 Cknritles
Trustees Tegularly offer 5upF￿ ￿ a sm811 nthnberof development Charities worf(ing oversea
Trustees give up to 5 Gap Year 8fdnts to Birniingham students Working overseas between SchTrJl and Univetsty. Their reports on
rebjrning are showm ott the TThL￿ s w&ite.
The Trusvs 5tsategy for a¢hievin8 these objectives is to wefully manage its Tesoum to wduce an In￿M¢ which is sustainable
and ideally growing over the long tem. Some short4erni volatility in capital value aNI In￿Me is experted gi￿￿ th¢ nature of
investsnent assets. The Trust does no¢ seek io rnise ffijnds frnm the public.
Ivin
Trus¢ees aim to visit several of the projects SUP￿rted each year.
The Trust th Appli¢ants to provide detsiled InfOrn￿ aih)ut their proitras and their ¢wYent financial positirm a￿1 inSp￿ts
their latest aecounts. Infom)ation provided is cross checked against the Commission re¢ords. The Trust also undertakes
firther Internet research of applican
AW60 GrnDts
From November 2015 the Roughley Charitsble Tn* has been awarding a Tmjmber of AW60 gr8nt& and showing thes¢ s¢pArdtely
in the Grant li*ing published on the website.
The Tnjstees of the AW60 Tntst have genrfously gifted to the Roughky Charitable Tn& on the informal urtdetstanding
that during Anthony Wilson's lifdime. the Roughley ChaTitabk Try# will alway$ give favourable consideration to projects
nominated by him up to the likely value of the income on the gi

The Rou
le Charitsbte Trust
'Re
cont'd
ear ended 5 A
ril 202
for the
Covernauce and Man
The Truslees are wible for FYeparin8 the Report aThl Financi41 Statements in accordan￿ with 4)plicable law and
United Kin8dom AcC(￿lting Standard5 (United Ki￿d0M Gener41ty A¢cq*&a Accounting Prndice).
The Law applicable lo Charities in Engtsnd and W4ks vequires the Trustees to PTepaTe Financial Statements for each Final￿tal
Year which give a ￿ and fair view ofthe state of affai￿ of the Charity and of th¢ incLYning resou￿ and application of resources
of the Charity for that perHYJ.
In preparing the Finan¢iaJ StsteM¢n￿ the TnLStets are required to:
. Select suitable accounting policie5 and apply them ¢OfLsis*nily.
. Observe the methods aThJ principles in the Charitie5 SORP 2019 (FRS 102).
. Make judgements and estimates that are reasonable and
. Stste whether appli¢able ?￿O￿nting styndarts have followol sub)￿t to any rnateriai (kportw
disclosed ond explained in the Financial Sthtanents.
. Prepare the Winan¢iai Swements on the going c￿C￿n basis unless it is inaFPTOPTiaie to pwme that the
Charity will continue in busines&
The Trustee5 aTe resFonsible for keeping proper accounting records th41 disclose with reasonable accuracy at any time the financial
position of the Charity and enable them to ensure that the FTrwKial Swern￿ts comply with the Charitie5 Act 2011. Ihe Charity
(Accounts and Reports) Regulations 21X)8 and the PTovisions of the Trust Da. Th¢y are also res￿1￿$1bIe ftsr safeguarding the
assets of the Charity and hence for fakingTea￿)￿abIe steps forthe Fyeventioj) ddedion of fraud gnd othu irregu18rities.
Powers of Investment:.
The TnISte￿ have ￿11 and wwestriL*d pwers of inv&slmenL The p)rtfolio is by RBC Brewin Dolphin (previously Brewin
Dolphin Ltd), wlK> are given discretion io invem the fimds of the TnLSt subject to the guidelines and Invesirnent Policy Sthtement
established by the Trustees and subject to on80in8 and regular oversitht by the TnL8tees.
Broadly speaking, the Trustee￿ Investment Policy is to nwximise fimds available for ￿t-m￿l￿ while F*eservin8 th¢ ￿1 value
of the portfolto overthe medium terni.
All market values used within this Rep)rt and Accounts have been provided by the Invesmt Manager&
Ethleal *nd Social
ible IDV
Tn]stees will not inv¢5t in wnpanies whose 7K¢ivilies pre1bmir￿tty involved in toba￿. tsr * themul ￿1, or mining of
rare metals or fossil ￿e1$. Th¢ Tn￿ee$ also wish to identify companies working in areas thai positively affe¢l the environm¢nL who
contnl)ut¢ to the ￿Mm￿lI¢jeS where they are base41 and to exclude compankes wlH)se contribution taken acriY3s the whole range of
their work is perceived as newive. Tnwees aIw want to 5UPP)rt develowent in the third world.
Trus¢e¢s wish to invest in cornpanies who Provide a net ￿$1(1¥¢ ¢ThWibUti￿ to the environm￿1. In addition. the Investment
Mana8¢r5 are rwir¢d to rep)rt on Environmentsl, Social & Govern￿ (ESG) ch8racteriAics of the investment portftilio to
qwitify these risks. This facilitgt¢s of thB ESG wronna￿t of the Wfolio ￿ongsIde any financial metrics.
Tn￿tts understand that the ideNity of all underlying investments held in a collective v¢hi¢le may not be obviou% and therefore that
the scope of ethi￿1 ¢on5i(kration5 SU￿￿1n& coIEecttve inveskn¢nts will be limitrd The TTU5tee5 uTrJerstand that taking ethical
Considerations into a￿oUnt may impact on the investment perforrnance.
The Trustees Tevi¢w¢d the Investme￿ Poltcy durin8 the year and * an updateAI policy dated Decemb¢r2023.

The Rou
hl Chari¢Able Trus
Trustees, Re
ort
eont'd
for the
rll 2024
Public Benefi
The Tr￿stees have referred to the Ctwity Commission's general Guidart¢e on public ￿neFit when reviewing the Charity's aims and
objectives and in planning its a¢tivities. In particular. the TTUSte¢s ¢onsider how 8ny activities will contribute to the aims and
objectives of the charity and satisfy the public benefit requirements.
Plans for Future Per
The Trustees will endeavour to smooth grant distributions over time subject lo cEwi8es in investhient in¢ome. while keeping tigh¢
conth)l of administration costs.
The Charity notes changes in charity legislation and seeks guidance from the Charity Commission to ertsure that the Charity
rnplies wilh r¢quir¢ments that affect its WO￿ and staius.
Achleveme
rm
The results for the year ar¢ set out in the Ststement of Financial Activities on page I l.
The Tntstee5 carefulty consider appli¢aiions and I￿ looking lo ¢ontribute towards beffer Cul￿re and social sttuctur<
predominantly within the Binningham are&
During the year the Tn]st aw2rded 8rants totalling £213.500 (2023: £201.￿0). as detailed in full on pages 1>17, in line with their
stated objectives.
2023-2024
2022-2023
International
Birniingharn L4rger Grants
BimiinEham Smaller Gr4nlS
Gap Year Awards
AW60 Grants
£62,000 (4)
£64,5(K) {5)
£74,000 {22)
£Nil
£13,000 (3)
£72,000 (5)
£58.000 (5)
£58,000 (19)
£1,000 <2)
£12,01)0 (3)
Totsl
Visit the Trust website www.rou
historical Grdnts.
5t.
-uk to see detsiled infom￿tIOn about eligibility criterii limelable and rettnt and
FinAn¢lal Review'_
The Charity manages its capital resources carefully with the aim of d¢Tiving a sustainable income for grant makins. The
Investments are managed by the Investment Managers in accordanc¢ with the Investmeni Policy Ststement set and periodically
reviewed by the Trustee& The CEwity's ¢apitsl value has seen an increAse during the year of £406,912 and at the year ended 5th
April 2024 totalled £8,086,985. The sources of income for th¢ Charity are created by the portfolio of investments and two
invesknent propertie$.
The Inyestmenl Committee meet twice yearly with the Investment MangeTh to review the investment portfolio composition and
perfornianee io ensure it meets the objectives sel out in the Investment Poli¢y. The TrusRes are satisfied thai ihe portfolio is
managed in accordance with the policy. Perforn]ance of the portfolio is monitored against the objeclives ond various market indices
and ¢he Trustees are satisfied with the ￿fOrMance outcomes.
A$ interesi rates have been higher than for most of the last de¢ad4 fifftds awaiting grant distribu¢ion are placed on deposit with th¢
aim of achievin8 the best overall return whilst taking minimal risk 4nd ensuring availability in time for th¢ grnnt meeting.

The Rou
hl Charitable T
Trustees, Re
cont'd
r tbe ended S A
ril 2024
Goln
nce
The eapital value of the investments has recovered tn the la& year. Afttr reviewing the Charitys Positio￿ the Tn￿tee5 have
reasonable expectation that the Chartty ha5 adequate re5(w¢￿ to continue in owional existence for the foreseeable fi￿re. The
Charity therefore conlinues to aWth¢ going cThJc¢rn iwi5 in PTeparing its fmancial ststements.
k Mg119
ementr.-
The TnLStee5 place a hi￿ prtortty on risk m3nageiiKM. In the view of the Trus*es. the majorrtsk is consideroj to be a ￿bstantIal
or pernianent reduction in the capttal value of the investhient portfolio and the inc(Mne that is derived frorn it. The TTUStees me
with Investm¢n¢ Mangers twice y¢arfy, to review their invW1rnen￿ etisuri￿ that risks are reviewed and documented and th
steps to mitigate such risks are established and execuied.
The Tr￿te¢S a￿ ￿]Sfied that sy#ans are in place to miti* its these risks p)S5iblc.
Reserve Poli
Trustees take the investtnent income generatd in th¢ ftt)ancial y¢ar to April and rffovided there are no obvious big changes in
investment Te¢urns, use this in order to decide the level of grants to award the following Novembtt. Trnstees aim to keep the
value of their capital risin8 in real ternis over the long try and only to distribute income after allowing for the costs of managing
the Charity.
Th¢r¢ 15 therefore no requirement to kttp a specific ieirl of reserves.
Powers of A In¢ment:.
The statutory powets of appointment apply to the Tn￿t and is exercisable by the continuing TnE5tee5.
New Trustees are ￿￿0vided with a history of the Twsl a ￿ of the Tnjst Deed and Investmeni Policy along with a copy of the
Charity Commission guidance CC3 - The Essential TnBtee: Wh￿ you need w know. what you need to do. and a copy of the
handbook.
In addition, an annual visi¢ day is OT8anized kn visit some ofthe projects the charity supw)ns to assisL imkNDve and upda¢¢ th¢
Trnstees knowledge of grantee5.
The Charity has no direct Employ¢es.
The Trusttts d¢¢lar¢ that they have apFYoved the Truste￿ Report above and is signed on behalf of the Tnm by.'-
R￿h¢1 A Richards.
Tn￿tee
29 Novemlxr 2024

Tbe Rou
hl Charitable Trus
Re rt of lh¢ Inde
nd¢nt Auditors to The Trustees ofThe Rou
Charil4ble Trust
We have audited the financial sia*menrs of The Roughley Charithble Trustl lthe '¢hArity') for the year ended 5 April 2024 which
comprise the Statement of Financial Aciiviiies. the Balan￿ Sheet, and notes 10 the financial staiements, including signifiwit
accounting policies. The financial ryrting framework thai has been applied in their preparation is applicable law and UniEed
Kingdom Ae¢ouniing Stsmdards. including Financial Reporting Standard 102 The Finon¢iol Reporring Standard ¢7ppli¢oble irt the
UKondRepMbli¢ oflrelond (Unl￿d Kingdom Generally Accepted Accounting Practice).
In our opinion the financial sÉaiement5'.
. Give a true and fair view of the State of the charity'5 affairs as ai 5 Aprtl 2024, and of it5 incoming resources and
application of resources. for th¢ y¢ar then ended;
. Have been properly prepared in a¢cordan¢e with United Kingdom (knerally Accepted Accounting Prac¢ice'. and
. Have been prepared in accordance with the requirements of the Charitbes Act 2011.
Basis for O
We conducted our audii in ac¢ordan¢e with Iniernational Sthndards on Auditing IUKI IISAS IUKII and appli¢able law. Our
r&sponsibilities under those standard5 are further describgj in the Auditors. responsibilities for the audii of the financial sthtemenis
section of our ￿pOrt. We are independent of the charity in accordance with the ethie&l requirements that are relevant to our a￿111 of
the financial siaiemenis in the UK including the FRC'S Ethical Standard. atKI we have fulfilled our other eihical resw)nsibilities in
accordance wilh these iequirernents. We believe that the audit evidence we have obtained is sufficieni and appropria* to provide a
basis for our opinion.
Conclusions Relati
to Goin
Collcerll
In ktsditing the fitMnci&I statements. we have cOT￿luded the irusie4s' use of the going concern basis of ac¢ountin8 in the
preparation of the financial statements is appropriate.
Based on the work w¢ hav¢ wforn￿d. we have noi ￿entIfied any mat¢rial uncertainties relating to events or conditions th￿,
individually or collectively, rnay casl significant doubt on the charity's ability to continue as a going concern for a period of at
leasi twelve months from when the financial siatemenis are authorised for issue.
Our reswtrnsibiliiies and the respnsibiliiies of the th]skes with respect to going concern are described in the relevant sections of
this reporL
Other Inforlnatioll
The tNstees are respon5ibl¢ for th¢ oiher Information. The other inforn￿tIon ￿MpriseS the infomialion in¢lud¢d in the Annual
Repor¢ other than the financial s¢atem¢nts and OUT Rewrt of ihe Independent Auditor5 ihereon.
Our opinion on the financial statements does noi cover the other infomiaiion and, ex¢epÈ ￿ the exient otherwise expli¢itly stsl¢d
in our repoTL we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the financial stsi¢m¢nts, our responsibility is to read the other infomation and. in doing so,
consider whether th¢ other infomatiort is materially inconsistent with the financial statements or our knowledge obtained in the
audit or otherwise appears to be materiAlly mi55tated. If we identify such material inconsistencies or apparent materi81
misstatements, w¢ aTe required to detemiine wheth¢r this gives ri5¢ to a material misstatement in the financial staiements
themselves. If, based on the work we have performed, we conclude thai the￿ is a material misstaiement of ihis other infom8tion.
we are required to report facL We have nothing to report in thi$ regard.

Re rt ofthe Inde
Dd Dt Audi
rs to The Trwslees of The Rop
ritable T
Matters on whi
uired to re
exee
We have nothing lo report in ffspea of the following matters where the Charities (A¢￿￿nts and liem) Regulations 21X)8
requires to report to you if. in our opinion:
. the inforniation given in the Report of the Tn￿ is irKortsislent in any material with the
financial statements. or
. sufficient a¢¢ounting ￿OrdS have not been kepL or
. the financial statemenis are noi in agreement with the a¢¢ountsng ￿OrdS aNI rett]ms: or
we have not received all the information aTrl explan*10￿ we require forrw audiL
118ibilities ofTrnstees
As explained more fully in the Ststement of T￿￿Ces. iieswibiltiiA the trustees 8re responsible for the preparation of the
rinancial ststements which give a true and fair view. and for su¢h internal conDY)l as the tr￿teeS deterniine is necessary to enable
the preparation of firwKial ststements that are free from mawial mi&8tskmth4 whethtt due to fraud orerror.
In preparing the finan¢ial sthtemert￿ the trustees are res￿n$1bk for assessing the chariW$ ability to Continue as a going concen
disclosin& as appli¢able, mattets related to going concern and using the going concern basis of a¢counting unless the tru￿¢e$
either iniend to liquidate th¢ chatity or to cease owations. or have no realistic a]temative but to do so.

¢ lllde
Ddent Auditors to The Trllste￿ of The Ro
Cknrilable Trust
Our res
ottsibilities for the Audit of the Finaneial
t¢meDts
We have been apwjinted as auditors under Section 144 of the Charities Act 2011 and rewt in accordance with the Act and
rel¢vant regulations made or hav¢ng effect thereu￿1er.
Our obiectives are to obtsin reasonable aswrance about wlth the financial sthtements as a whole are free from material
missthtem¢rtL whether due to fraud or em>r, and io is5￿ a Rewt of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of a55ufdnce. Emjt is not a guarantee that an audit conducted in accordance with ISAS (UK)
will alwdys deted a rnat¢ria] mi551at¢m¢nt when it exists. Missthiements can arise from fraud or error and are considered material
if. individually or in th¢ 4ggrwt¢. they could reasonabty be ex￿(ed to influence the economic decisions of users tsken on the
basis of these financial gtstements. The extent to whi¢h procth are capable of detecting irregularitie4 including fraud 1$
detailed below.
Our approach to des]￿]ng audit procedures by tailoring and directing testing w aid and the detennined level of risk. In
response. the procedures we perfom to deterniirte the level of risk include..
- reference ￿ hisiory and exwiencc of Entity. WMI
- enquiry of managemenL including thining and miewing S[Wp￿ing do¢um¢ntstion ￿Wing the Eniitys
procedures relaiing to:
• identifying and ¢omplyin8 with and regulations and ￿ they wele of any instsnces of non
compliance-
. detection and response to risk of fraud and whethtr Ilw *tre of any a¢tual orswted instances of fraud.
and
assessment of the controls and Proces￿ that the Entity has in plKe to mitigate risk
Our awssmenLS in¢luded th¢ ideniification of the following p)teniial areas for ftaud.
. management override of control., and
venue recO￿lt10n. particularly in Tespe¢t of delivery of services
These Procedures. and the extent to which thty are ¢apable of deteaing irregularttiffj including fraud are Iletailed below..
• Critically &ssessed the appropriateness and testing the applic￿lon of the menue and cost rerwition
licies,.
testing the appropriat¢ne55 of a¢¢ounting eMimaK journAls and other adjustments in the
preparation of the financia] staternents.
' reviewing th¢ Entitys accounting policies for non-complian¢e with relevant standarts: and
• making erquiries of managemeni and reviewing cotteS￿dence with the relevant authorities to
identify any irregularities or instance5 of non-¢omplignce with laws and regulati(w.
In perforniing an audit in a¢¢ordance with UK GAAP. we exercise professional judgement and rnaintain professional scepticisrn
throughout the audit pro¢¢ss.
The risk of not dthaing a material mtsstatrment re5uhing from fraud is higher than for one resulting from error, as fr￿l￿ may
involve collusion or override of iniernal controls. There are inh￿ent limTtations in the audit procedures ￿rforn)ed.
Th¢ ¢xient to ￿lch ow wocedures art ¢apable of detecting iwlaritiA inc1￿￿lng rTa￿l is detsikd below:
Ow approach to designing audit pr(￿Ur¢S by tsiloring and direaing testing to aid and support the deterniined level of risk. In
response, the procedures we p¢rfoTm io de¢erniine the level of risk in¢lud¢.'
. reference to history and experience of the Eniiry: and
• enquiry of managemenL including obtsining and reviewing supportirg do¢umentstion corKerntng the EntiWs
procedures relating to:
identifying and cornplying with laws and regulations whetherthey were awue of any irtSta￿ of non
compliance.
. detection and response to risk of fraud and ￿ether thry were aware of any acts•l or s￿SpeC*d instances of fraud.
and
Our assessrnents included the identification ofthe following po￿tial areas for fraud..
management override of control. and
• revenue recogniiion. particulorly in resF¢rt of delivery of services

Re ort of the lllde
ndeD¢ Audilorj to The Trustees of The R
I Cb*rltable Tn￿1
rRes
onsibili¢ies for tbe Andit of the fin*nd*l Ststements
These procedures. and the extent to whi¢h they are w8ble of thcting I￿egularl11e$. including fraud. are detailed b¢low.'
¢riti¢ally assessed the apprOpTi￿en￿ and iesting the applicatson of the re￿lue and ¢0# Tecognition
policies-
testing the appropriateness of a¢coth)tin8 t￿lma￿J0￿naIS and other adjustments made in the
pr¢parnti(m of the fitydncial siatements.
reviewing th¢ En¢ity'S accounting policies for nonvcompliance with rekvam standaTds' and
making enquiries of management and reviewing corresponderLce with the relevam authorities to
identify any irregul8rilies or Instr￿eS of nonrycornpliance with laws tegulations.
In perforniing an audit in accordan¢¢ with UK GAAP. we exthrise professional judgement and m•inthin professional s¢epti¢ism
throughout the audit process.
The risk of not deteding a M￿er1d1 misstatement resuking from fraud is higher than for one r¢sulttng from error, as fraud may
involve collusion or oveTride of internal Controls. There are inherent limitations in the audit pro¢edurw pttfornied.
A further description of our responsibilities for the audit of the financial sthrements is loca*d on the Financial Reporting Council's
website at www.frc.or&uklauditorsrewsibilitie& This description forms wt of Rewjrt of the Inde￿1 Auditors.
Use of OurR
This report is made solely to the chariry's trustee4 as a body. in accordance with Port 4 of the Charities (Accounts and Reports)
Regulations 21M)8. Our audit work has been undertaken so that we might state to the ¢h•rity'S trustees those matters we are required
lo stst¢ io them in an audilors, r¢poff and for other purpose. To the fullest extent permitted by law, we do noi accept or assume
responsibility to anyone other than the Charity and the charitys tsuMees ag 4 bfyjy, for our audit worK for this reporL or for the
opinions we have fornied.
ra
Luckmans Duckett Parker Limited
I 110 Ellioll Coun
Cov¢ntry Busin￿ Pwk
Herald Avenue
Coveniry
CV5 6UB
[5 2c&irJ l()14
10

The Rou
hle
Charitable Trnst
Statement of Finttncial Activitie8
for the
earended 5 A ri12024
2023
Unrestrieted Funds
Income
Investtneni Income
Totsl In¢ome arising during the year
288,705
288,705
281.384
281,384
Resourees Ex
ended
Direct Charitable Expenditurt:.
Grants and Donations
Other Expenditur¢:_
Adrninistratron Costs
10
213.500
201.000
45.202
44.904
Tota] Resources expended
258.702
245,904
Net IDcomlng for the year
30,003
35,480
Net Ineome before Valuatlons
30.003
35.480
Net Gainsl{Losses) on Investments:.
Realised
Urtrealised
389,870
(12,961)
376,909
{40,105)
510,46
(550.572)
Net Movement in Funds
406,912
(515,092)
Total Funds brought foTrwd
7.680,073
.195.165
Total Funds carried fonvard
8,086.985
7,680.073
The notes on pages 12 to 16 form part of these Financial Statements. The Charity has M recognised gains or Ii)sses
other than those ststed above. All incomirtg resources and resources expended derive from Coniinuing activities.

Tbe Rou
bl Charitsble Tru
Balance Sheet
asatSA ri12
Notss
2(124
2023
Inytttmetsts
7.962J99
7.451,463
Debtors and Prepayments
AccTued Interest:
Cash at Bank
2232
15,882
129226
147J40
2J18
245.515
247.833
Current Liabilities
Sundry Crediiors
22.754
19223
Net Current Assets
124.586
228.610
Net Assets
8.086.985
7.680.073
rfseDted b
Capltsl Aeeount:.
Settlement Fund
Revaluation Reserve
Income Accounl
2.813.379
1.337.811
3,935.795
2.813,379
1.350.772
3.515.922
8,086.985
7,680.073
The notes on pages 12 to 17 form part of these Financial Ststemrnts.
Approved and signed on behalf of the Tn￿tres.
Rachel A Richards.
29 November 2024
12

The Ro
hl Charitable Trust
Notes to the Financial Statements
for the
ear ended 5 A
ri12024
Balis of P
ratioo of Financial Stsiemthts
The Financial Sthtsments have been prepored in a¢cordance wilh the Statement of RecomTnended Practice
(SORP) "A¢¢ounling and Reporting by Charities" applicabk to chariiies preparing their Financial Statements in
accordan¢e Wbth the Financial Reporting Stsndarth appli¢able in th¢ UK and Republic of Ireland (FRS 102)
issued on 1$¢ janu￿ 2019 and the Ch￿1¢1¢$ A￿ 2011.
Fln•n
I Ststemellts on • GOID
CoTrcern
The Trustees consider there are no m￿trIal w)¢enainii¢s ilwt the Charitys Jbility to continue a$ 8 goin8
¢on¢ern.
Investment income is wiunted for in pmod in which the Charity is entitled to Tecei
rtes Ex
Expendiiure is includ￿1 on an accnjals ￿1$ and includes auributhble VAT whi¢h ¢annot be recovered. GT8nts
payable payments made to third F*rties in the fitheran¢e of the ¢lwitabl¢ objectives of the Charity.
Flxed
tlnv
muts
Investments are included At their fair value At the Balknce Sheet date. The Staiement of Financial A¢iivities
includes the net gains and losses arisin8 on Tevaluations and disposals throu8hout the year.
Unrestri¢l¢d funds are avai18bl¢ for w at the discretion of the Trus*es in fifftheran¢e of Ihe g¢n¢ral objects of
the Charity.
it l Fund
The Trust Deed allows ihe C4)ital Fund of the Charity to be spenl 8$ tncorne or retained as wital ￿ the
TNsttts' discyrfion. However. the Charitys current FK)li¢y is to rethin the capital as a fund to generate
investhients income for 8ran¢-makin8. Investmen¢ 8ains or losses arising on disposlll of fvnd assets ar¢
trgnsftrred to the Incorne Fund, while those arising on revalU￿10n are held within a separate revaluation reserve
fomin8 pan of the Capithl Fund.
The income fund is an unrestri¢red fvnd and 1$ expendable at the discretion of the Trnsiees in furtherpnce of the
objects of the Charity. Income is derived from the investment of the Chariws Capital Fund.
vl
Trusttts, Remunern¢k)n a
The Tn￿teeS neither received nor were entitled to re¢eive any emoluments in the year (2023: £nil). However,
Administration Costs shown in note 4. show no reirnbursernenl of ￿Ve1]In& subsis¢¢n¢e and related expenses to
TTUSt¢es in th¢ year. (2023: £117.).
viifi
Yestment PTO
The Property valuations are unden￿en by a l(xai ir*ndent Fwfessionally qualified examiner.
The Charity has rto direct Employ¢¢s in this ¢umt )taT {2023 None)
13

The Rou
hl Charitable Trnst
Notes to the Fiualltial St*iements
ror the
ear ended S A ril 2024
2 General InfonnatiOD
. The Chority does not have any •￿wme￿ or restriaed Funds.
. The Charity does not have any material commitinents provided for in these xcoun
. The Charity has not given any guaranttts to third parties.
. The Charity has not made or bw grdnied any loans.
. The Charity has not made any ex%ratia pa￿nents.
. Sufficient t¢sour¢e$ 4r¢ held in an approwtat¢ fomi to enable the Charity to cany out its activtties.
. The Charity does not have any Materi￿ r￿ed assets ￿1¢h have not been capitali5ed and in¢luded on the balance
. Th¢ Charity does have any material fwd &WL4 ￿lCh have not been capitalised and in¢luded on the balance
2023
3 Inyestmettt Intome
Dividend5 on UK Equities
Dividends on Overseas Equities
Dividends on Unli TnL￿%
Oversos Ini¢rest st￿ks & Bond%
Unit TnLrf Fixed Inte￿st
United Kingdom Fixed Interest on & Bonds
Propety Income D1stn￿Utl0n
UnT¢¢d Kingdom {GovermneM ofj Gilt￿BondS
Interest received on Brokers twits
Intere& received HSBC Deposit
Intere￿ received HSBC Mojw Maker
Rental Income from Investment Properties
65.394
42.802
53,896
10.(
7.831
37.461
3.533
20,591
221)0
451
87220
41,492
62,164
10,897
2.015
30,820
1,508
4.562
471
j i
4.117
40,425
288 705
40,235
281,384
4 Admlnlstratlofj Costs
Audit and Examinerf Fees
Bank Charges
Brokerfs Portfolio Service
Annual Sof￿re Licence
Offi¢e Expenses
Expenditure on Prop
Meeting Expenses
TTUSttts Travel and Subsistence
Se¢retariY41 SeTViCeS
Subscriptions
Web Site Manag¢m¢nf oThJ Mainten
7.562
47
28226
95
625
531
597
8.850
137
26,823
600
1.629
565
117
5,250
677
256
44,904
6250
719
550
45202
14

Tbe Rou
hl Charitable Trusl
Notes to the Financial Ststements
for the
ear ended 5 A
ril 2024
2023
5 Investments
UK Equities
Overs¢a5 Equities
Unit T￿￿5
United Kingdom Fixed Interest on Stocks & Bonds
Uniied Kingdom (Governmi on GiltslBon
Properties:.
Freeholds
Market Value at end of Year
1,663,412
2.466,034
1.875.096
1,037,084
450,773
2.040.864
1,758,397
2.069,362
904.993
237,847
470,000
7,962.399
7,451,463
6 An4
hlDV
Market Value at beginning of YeaT
Acquisitions * Cost
Disposals at Canying Value
the
7.451.463
1.455.454
1.328.88
7.578,030
384.369
7.962,399
7,965.797
957.068
1978,441
7,944.424
492,961)
7.451,463
Net Increase on Revaluation
Market Value at end of Year
7 Debtors *nd Pre
Debtors and prePa￿ts
2,232
2232
2,318
2.318
8 Sulld Creditors
Creditors and Accruals
Rent Received in Advance
14.754
9,440
9,783
19.223
22.754
9 De¢lara¢ions
(11 Suffi¢ient TEsources are held in an 8PPTopriate form to enknle the Charity to be applied in a¢¢ordance with its
(2) The Trusttts have not changed the yearend d*e northe length of the Charitys financial period.
(3) The Charity does Thx have any desI￿ed F￿￿.
(4) The Charity does not have any subsidiary compani
(5) The Charity does ￿t have any tssets cl&wd ￿ inalienable or histori¢ at the date hereof.
(6) The Charity does Th)1 haye arty fixed assets whith have not been capita]ised
(7) The Charity does have arty intangible assets.
15

Tbt Rou
Charitable Trust
Notes to the Flnanclal StAtemeDts
ear ended 5 A ri12024
2￿4
2024
n*lA
IcatiODS
Appropriate T¢¢hnology Asi•
Fistula
L*ap Spi
Practical Action
24.¢Y)O
20.(K)O
10.(yJo
62.000
Btrml ham A IA
rallts
Birmingham Churches Togdher- Restore
Binningham Settlemenl
Hopc Projccts WCA Midlands
MAC
Si Annes Hoste] (Ba]SAiI H¢ath)
35.1
5JOO
64,500
Peacemth (West Midl￿dS Quthr Pc*e ProjeL*)
St Germain's Wellbeing
St Mark's Community Hub
11.000
Ack¢T5 Adven(UT¢
Birn)in8ham Boys & Girls Union
Birn)in8ham Civic Sotiety
C8rrs iAn¢ cout￿1]irtB c￿tre
Spi￿lTe Sttvices
Sports4 Life UK
23.51
8ndA
Entraide Mutual Aid
WowKn with Hopc
A¢a¢ia Farnily SuP￿rt
Beyond the Horizon
BÈnxingh8m Samaritans
Martineau Gardens
Ncw &8innin8s Community
ROAM
hi H￿Ise
Square Pes Activities Limiod
28.5
Birningham Ba¢h Choir
Bimiirhgham Con¢¢Tnpornry Music Gr￿p
16

The Rou
Charitable Trust
Notes lo the Financial Ststements
for the
ear ended 5 A
ri12024
24
24
10 D
AW60 Cr8nts
Hope Proj¢¢ts West MidJond8
Women wilh H
13.000
Total Crnnts
213.500
17