The Rou hle Charitable Trust Accounts 5 A ril 2025 Re istLfL'd Chariti No. 264037
The Rou hlev Charitable Trust istered Charitv Number ?641137 Admiiiistrativt Address ('V7 711/.. Contact Dclail.s Wchsite Trustees Inde endcnl Auditor5 N'orih Ycirkshirl.
The Rou hlev Charitable Trust IeStment Mana ers R14C' IlrLlI'in Dolphin. ¥1 Lolmori Roil. Ilitmingyh(Im. Bankers IISBC plc. Ifi8 ..drI10n¢ Lanc. 14irmingham. 1118 ()NP. Solicitor5 %hakispLdfi tartiLtsU. '(} I l-olrnori *u<lTe. llirm1n¥h. B4 (IAA.
The Rou hle Trustees, Re for the vear ended 5 A Charitable Trust ort ril 2025 The Trustee5 pr¢sent Iheir Annual Report for ihe Near ended tlie 5111 April ?015. Estahlishment: The Triisi is a re¥istered chariti, No.?640)7 aiid ivas established L)n the 18th April 197? b). a Decd ol'Trusl executed b), the Seiilor Mrs M.K.Smiih and is consiiluied as an iinincoQraIed a%sociation. otli Maisie Smith 2nd hcr liusband Geoffre* were Binningihain people. Maisie l)ad LTI'oi¥'n lip iii Mnscley and Geoffrei. in Handsi¥orth. Geoffrey caine froin a line of butcliers aiid farmers. lather 11 Lilter sIlIh built up a chain of butcliern, sliops beik%een Ilie i¥ars. Maisie's ances1015 ilere CdTPCTiters and biiilders. li i¥as Brnants ihc biiilder%. slartcd bK Maisie's Iidfaiher and ruli bN' her broilier Chris, whTreh tloated on the Stock ExchanLTe 2nd provided MdisEc and GeotTrey iviili ihe finc1ncial n)eans 10 establish thc Trust. Rou hlei, Charitable Trust Ob eCtIe5. The Trnst accept5 unsolicited applications from Bimiingham Charities ivho meet our elibiibilit), crTteria. Thc Trust uses ils k'noii'ledge of Bim)in&liaiM IoLal i55ue8 and n¢ighboiirhnods lo suppon applicants who ihe Trust believc% cali use Inodesl gTran15 for the grcalcst benelit. The Trust iiilercsts are quitc ivide-rangiing. The Trusi is concernLd about cliiiiale chcinbie aiid IhL cnvironinenl. and <lCtively %eek% ITeat¢r eiigagciiient. Tlie Trust also addresses special needs. deprii.'ation <1nd (lisadK'aiiicllTe. fostering healrh and iiell being. and suppoms HeriiabTe and Afts projeLI5. In small ivays. the Trust M'ants to make a big difference io rhe projects it suppons. Lar er Grants As giuided bi, the Trust Deed and Letter of Wishes of ihe Settlor. the Tr115t gives 'lai'&ier &irant&' to 11 small niirnbcr of Bimiingl)am regjisiered Lharilies of whiLh onL or n)orL of IlJe Seiilors d. or. l-riisiees h71'e an aciii'e personal inierest or i1101%,c1menl. usuall), s a volunteer or TTUStee. The TrLlSt does iiul 7ccept iins0liLiied applicaiivns in ilie%L C1< iegiories. Nationlll And Ovcr5ca5 Charitie5 -1 rusiees reiiiil<1rl!' offer suppon to a sm1<11 nuinber of dei'elopinenr Charities ii'orkillgj ovcr5cas. Student Ga Year Grants Trustees LTjI.e up 10 5 (tap Year grants io Biriningham stiidenis i¥orkiny> ol'erca.% bctiv¢en School 2nd University. Their reports OD retUrnlTlgT are shom'n on the Trust's ilebsite. The Trust's strategy for achieving these ohjcclives 15 to carefully manabie lis resources to produce an income ihleh 15 Sustaiiiable and idealls giroii'iiigT over tlie long ierni. Some short.ierin iiolaiilitj. in capital Vc21ue aiid income 15 eipccicd gTjI'¢n ihe na(Iire of iiivestineni asseis. The'frusi does iiot seek. lo raise fund5 froni ilic public. Grant Giiin Polici,: Trustees aiin to illisit several of ihe proje¢is supported each N'ear. rhe l-nist asks Applicants 10 provide detailed int1)nalln about tlicii. proj¢cts and thcir currciil fiiiancial posilioii and i115PCCts Iheir laiesi accoun15. Infonnalion prni'id¢d 18 cro.8 chLckLd agai1181 Ilic Chi2ritk Cniiiinis.%lL)ii iecnrd%. I'lie l-ru81 al_%0 Lindenakes lui1her Illlernct research of applicanis. AW60 Grants Froin Noi'ernber ?015. The Roii¥l)leN' Charitable 'frusl has been ai%.ardinbi d i)umbcr ol. A W60 grants. and showiny ihese separdlel) iii ihe Grani lisiing published on the Ki'eb%ile. The Trustees of the AW60 Tru51 havL gJLnci'aLislI' giifted funds io I'he RoLi¥Flile!. ChaTildble 'l'ni%i 01) Ihe inlonnal uiidet5tandin that during Aiiihony Wilsoii's lifetiine. The RouL7hle!' Charitable I rusi is'ill alii'a55 iiji.e fai'ourable consideration io projccts non)inaled bi. liiin up io ihe lik-ely value of tlic in¢oinL OTI Il)e ¥ift.
The Rou hle Charitable Trust Tru5tees' Re ort conl'd for the vear ended i A ril 2025 Structure Governance and Mana ement The Trustees are resp)nsible for prqjaring ihe Tnjsiees, Report and Financial Statemenis in accordance ivith applicable law aiid United Kingdom Accouniino Standard5 IUnit¢d Kingdom Geiieralli Accepied ALcountingJ Practice). The Laiv applicable to Charities in England and laleS requires ihe TrneeS io prepare Financial Sialcrnents for each Fiiiancial Year which b?ive a Irlle and fair vieii. of the siaie of affairs of the Charit!, and ofihe incomingi r¢50urces and application of resources of ihe Charit), for that period. Ill preparing the Financial Siaiemenis. the Trusie¢s are required io.. Select suitable accounting policies and then appl). Ihem consisrenilK'. Ob5cTh'e the methods and principles in Ihe Chariiies SORP ?019 IFRS 10?). Make judgeinenis and esiimaies Ihai are reasonable and prudeni. State ii,hether applicable accouniing siandards hai'e been folloM"ed. subject io ans, maierial departures disclosed <2nd eiplained in the Financial Siaiemenis. Prepare the Financial Statements on the LJOillLY concern basi5 unlcss il is inappropriate to presume th21 the Charits. Ivill continue in business. rhe'frusiees are responsible for keepin(F proper aecouniino records ihai discli)se Miih reasonable accurdc! at an). titne the finai)ei31 position of the Chariti. and enable thein to ensure thai the Financial Sialemenls eompl! i4 ith ihe Chariiies Aci ?0 I l. Ilic Charitj. (Accounis and Reponsl Regulations ?008 and ihe proi'isi0115 of ihc Trust tked. fhe!. are also responsible for Safe&uardlI)Ll ihc asseis of ihe Chariti, and hence for iaking reasonable sieps for ihe prci'enlion and dclection Of frdud and other irregjulariiies. Powers of Ini'estment:. 'rhe-I'rusiees have full and unrestrid¢d tM)ii"ers of inTre5tTneni. The portfolio is IanaLed bi RBC Brei¥in Dolpl)in Iprei'iousli. Rrcii'iii Dolphin Lidl. ii'ho are giien discretion to invcsl the fund5 of the Tru subjeci io Ilic guidelines and InN'esin)eni P()licN Siatcinciil established bv the Trusiees and subjeci lo ongoing and rcgular oi'¢rsighi bi the Trusiees. Broadlv speaking. Ihe Trusttts, Ini'esrmeni Policv is to maiimise funds ai."2ilable for ordni-making. ii,hile pres¢rvtngi Ihe real value of the portfolio over ihe long ierni. All market Valu used ivtthin this Report and ALcounis haie been proi'ided b!. the Iniesimen( Managcr5_ Ethical and Sociallv Res onsible Ini'estment: Trustees will noi in%'esi in companies ii'hose a1.)1lS are prcdorninanili" involied in tobacco. lar fiaiids. th¢mial eoal. or Inining> of rare meta15 or f055il fuels. The Trusiees also ii'ish io idcniifi" ¢omp3nie5 11"orkinLi in areas Ihai posi11clI, affcct tlie eni ironmeni. i¥,ho conlribLile to the commullilies Ki'here ihe% are based. and io eNclude companies li hose Loniribuiion iaken across the ii'hole ranbwe ol. their work is perceived as negaiive. Tnlee5 also want to supwrt d¢Nelopmenl in the ihird ii'orld. Trusiees wish to invesi in companies who proi'ide a net positive colltribution to the eniiironmeni. In addition. the Inveshnent Managyers are required to report on Environmcnlal. Social & Go%ernanee IESGI characierisiics of rhe invesiiiient ponfolio 10 qiianiilj these risk.s. This laciliiaies measuremeni of the ESG Ornian¢t of ihe wnfolio alonkiside an!, linancial Inelrics. Trustee% understand thai ihe ideniiii. of all underli ing investmenis held in a colleciiie %ehiLle mai noi be obi ious. and tliercfore tliat the scope of ethical considerations surroiindtn¥y Colle1ve invesimenis li ill bc limiied. 'Thc Trustees understand that iakingy eihical consideration5 into account ma). impacl on the iniestsneni TfOrnian¢e The-1'rusie revieiy iheir Invesimeni Polic% on a reL¥ular basis. The Ini"e5tment Polici .25 last rei".ieived in Deceimber ?O?-
The Rou hlev Charitable Trust Truslees, Re ort cont'd for the 'ear ended 5 A ril 202$ Public Benefit: The Trustees have referred to the Charity Commission's g>eneral GuidJn¢¢ public beiiefir ivhen reviewiiigT the Cl?aritv's ainis and ubjLctii'cs and in planninLT its activities. Iii particular. thc Trusiees consider hoi% an), ttclii'ilies ivill coniribiiie lo thL aims and objectives vfihe cliarit), and satisfy Il)c piiblic beiiefit requirenieThls. Plans for Future Periods: The Trustees will cndcavour to smooth LNrant di%iributioiis over liine subject io chJi)gTes iii inweslineiir iiicoine. while keepii)g liliht ¢ontrol of administration eosts. The Charit), notes anv changes in charitv legislation and seeks ouidance froin the Cliariti, Coinmission to ensure ihat the Charil! coinplies 1th requireinents that affect its ii'ork an(1 siaius. Achievement and Performance:_ The results for the year are set out in the Statcincnl of financial Activities on P<2ge I l. The Trustees carefiill!, consider 2pplieations and looking io contribute loii'ards better ciiliurl and social slruclurc. predoiiiinanily K¥iihin ihe Binnii)bhc11M area. During the l'ear Ilie TTU5t aii'arded grants totallinTr L??3.000 (?0? j-. £? l J.5001. as deiailed in full on pa!)es 16-17. in line iviih tlieir siaied objeLtives. ?0?4.?0?5 ?0?3-?0?4 £55.000 (Jl £()i.000151 89.100 I)51 £iOO.00 I I I £13.0001)I £6?.000141 £64.-fOO lil £74.0001??I £Nil £13.000131 Bim]ingJhain LargTer Grants Bimiingjhaiii Snialler Grants CJ3p Ycar AK%.ards A W60 Granis T0121 £2?J 000 37 £?13.500134} Vi51t the TTUSt 'ebsite li-!%.ii'.I'oush_Ici'iriis1.oi'LI.Iik- to sce detailed intOTmalion at)oul eliLJibilil). criteria. iimeiable and recent and historical Granis. Financial Revieii.: Tlie charl Inaiiages its capiial resoiirces carefull). w'illi the aiin of derii'inl) a buslaiiiable iiicoiiTre for gjrant Inaking. The Invesrinents are Iiianauwed bj ihe Inveslineni Manaoers in accordc1nLe i1(h ihe Inbe$1111eni Polici, St11 ieiiieni set and pcri()dic¢illv revie%¥'ed b), Ihe Trustees. Thc Charity.'% Lapltal valye lias 5¢eii a dccrca8¢ durTrn& thc ¥cJr vl. £?88.89i and at the )ie2r ended _Sih April ?O?.i lolalled £7.798.090 -1-Iie sources of incoine lor the Lliarill. are creaied bj, Ihe poi1folitt ol. inileslnienis an(1 iii'o invesiinent prupertie8. Altliougli thc capital i'2( Iiie of Ilie inbesiinenis has 1<111en diirin! ilie i'e<ir. Ilie income derived froin 1heiii11i S bc¢n broadls stable and hence ihe-frusiees are satisfied ii'itli the oi'erall perli)llnaiic¢ ol-llie li1vctc18. Tl)e Investinent Ci)inmittee meei ii%'ice vearlv th'ill) Ihe lllwe51ment ManLTers lo rCvici the investinenl portfolio coinposilion and pcrloiinancc to ensure li meeis the objectives sel oiit in the Iiivesiircni I'olic!,. The 'frLisiees Éire 5alislied tliat the poilfolio is iiianabied in accordance 1(17 Ihe pulicv. Perfi)niiancc ol'ihe porilolio is InoiiilLIi'L'd d¥Ta11151 IIiL objcclive% and vai'ious Inarkei iiidices and Ilie TTLisieeE are saiisfied 14 iih Il)e perlormdnce oiilcoines. Funds a%%'aiiinuT Ljrani distTibuiioii are placed on depo%tt witli the aiin of aLhiekiiib Ihe best oi'erall retuni Hhilsi iakin¥J minin)al risk and cnsuring availabilil}' in lime tor rhe grani meeiinL.
The Rou hlev Charitable Trust Trustees, Re ort cont'd for the ear ended S A ril 2025 01 Concern: The capital valiie of the inve8iments has rediiced in valiie in the last vear predoiniiTranili due to coiTrccm5 ol'er Ilie introdiiction of US tariffs on LTood iinported into ihe US. Flowevcr. iiicoine levels froim the invL%iinents h<iiie Iield lip ii'ell and after r¢vicivingJ the Charili s posilion. Ilie Truslces have re1( sollii ble cxp¢cl¢?tioi) tliai Ihe Q'liarilN l)a5 ddequcTrlc r¢sources lo coniinlie in operatTronal cNi£rence for the loreseeablc future. The ChariN. there*orc cnnEiniics 10 c1dopi ihe 17oin(T conccni basis in prep<2rin¥p jis linic ncial siateinents. Risk Mana em¢nt: The Trustees place a high prioriiy on risk. Inanagiem¢nt. In tlie view of the Trustees. Ihe major risk is considered to be a siibsianiial or pennancnt reduction in the L2PItal valuc ofthe invesrineni portfoliu diid Ilic incoine tlil¢ i is deriveLI froii) it. The 'fruslees Iii¢el iih Ini'estInenl Mangers Im'ice i'early. lo revieii. Ilieir invcstinenls. ensuriniT Iliai risks iire revicii'ed ?É lid docuinenlid and thai sieps 10 mitl¥Tate siicli risks are established and exeLUted. The I riisiees are satisfied that systeins are in place 10 millLTaie 115 exposure to tlic%e risks where possible. Resen'e Policv: Tnisteeg lake the investinent income generated in the financial l'ear to April and provided there are no obvious biLJ cliaiibies investmeni returns. Iise this in ordcr to decide the level of ¥prani% 10 aiiard Il)L folloii'iniy November. Trustees aim tv keep the value vl'their capital risiiTrg in real ternis over the long iem). and onlv 10 distribute income aher a1501i.ing for the costs ol. InanagTIII¥ Ihe Cl)arih'. "I'here is therefore no requirement to keep a specific level of reserves. Poivers of A intwllent: Thc statutoTh' pom'ers of appoiniiiient c1pply to the Trusi and is exercisable by ihe coniinltin rusiees. Neil, Trustees are provided 'Ith a histor), ol- (he I"rust. a cop! ol- tlie Trust Deed clnd Ini'estmeni Polic). aloniw %¥'iih a copy of the Chcifii), Coimmissian ijuidancc CC) "Tli¢ F.ssential Trustee.. ii'hat l'ou need lo kno1. iihat yoll nced lo do" and a copy of the handbook. In addiiion. an annual visit dav is orgTranised io visit soiiie of (he projecis Ihai the cliarity supports to assist, iniprovc and update the 'rru%to¢s Lnoii'lcdgje of grantees. loi'ees: I'he Chariti has no direei Employees. l-he Trustees declare that the), liave approvcd the Trusiecs Repon above and is sii)ned on behalf ofihe Trusi bJ: Verily Owen Ti'uslee l ? Decen)ber ?0?5
The Rou
hle
Charitable Trust
ort of the Inde
endent Auditors to The Trustees of The Rou
hlei. Charitable Trust
inion
We hai'e audiied ihe finanLial %iaiemeni% ()[ The R()ughley Chariiahle Trusl Iihe ihaTllI I for ihe year ended 5 April 211?.$ w,hiLh
L()mpri%e ihe Sraiemeni of FinanLial .4illl'ilie%. the BJlJnLe Sheet n(iie% l() the findnLial slalem¢ni%. jnLludiniT a %ummdrv (Il.
%igniliLani IQLLoulliinti wliLse%. The finanLial lening frameii'(IrK' Ihai has tKen atTrplied in Iheir prepaiaiic)n is appliLdble la an
Uniied KiniTdi)m .4LL()uniino Siandord%. iDcludinE Financial Re)riEn0 SiandArd 111? Tlie Fiiiiiiiriiil RpOli112 SIciFid¢ii'd 111?Iili(Iibl('
iii ilie UK (iiid Repiiblic of Irelciiid (Uniied Kingdom Generally ALLtpied ALL()ulliin
ort of the Inde endent Auditors lo Tbe Trustees of The Rou hlei" Chariiable Trust Matter5 on Ivhich .¢ are re uired to re ort bi- eice tion Wc hdve nothing ii) report in respeli ()r ihe tollowing mailer% u.here ihe Chartlies IA¢ii)unis and Rep(ins1 Reguldii()n% 21x18 requires l() report l() y(Tru if. in (>pinii)n= Ilic infonnaiion triven in the Report of ihe Trusiees is ineonsisteni in anv maierial respeci i%'iih ihe rinancial statcincnts: or Sulli¢i¢nl accouniing records have noi been Kepi.. or the finaniidl 4iaiemersi% Jr¢ noi in agreemeni w'iih Ihe aLL()ulliing reLI)rJs and reiurn%- ()r we have n()t received all Ihe infomiaiton and explanaiions we require fnr ()ur audit. nsibilitie5 of Trustees A% explained m()re l-ull), in Ihe .Siaiemeni i)I' Tnt%iee% R¢%fMin%ihiliiie%. Ihe Ii'usiec% cire rL'%fMin%ihl¢ f()r Ihe pi¢pJrJiiiin Lil. Ihe finJnLiJI %laiemeni% M'hiLh give a true and fair i'iem.. and fi)r iniernal L(Inir(Il a% Ihc Iru%iee% deiermine 1% nLiessJry i() enJhli Ihe piepardii()n i>f finaniial %ialemenis ihai are fre¢ fr()m mdlerial mi%%idiemeni. wheiher due 111 fr4Lud Iir err(ii. In preparing ihe finanLial slaiemeni%. the iru.%iee% are re¥tM)n%ible r(Jr a4%e.%sin& ihe Lhariiy'% ahiliiy ii) L()niinue a gii)in& Li)nLci'n. &ippliidbl¢. rnaiier% TelJie<l ii) b?i)inb Liiniern dnd iiiinbi lh¢ gilling ¥()n¥crn hJ%i% i)f aiLI)uniinbi unle.%5 Ihe Irii%lCL eiihci. iniend [() liquidaie ihe ihaTlly (jr ii) LLa%e Drilli()n. ilr ha.¢ n() allrI¥ Jlierndii%c hui IiTr %().
Re rt of ihe Inde endent Auditors to The Trustees of The Rou hlei. Charitable Trust Our res onsibilities for the Au(lit of the Financial Statement.4 We liclve been appoinied as au(liiors linder SLciion 144 of ilie Charities Aci ?0 I l aiid Teport ill J¢cordance iviil) Ihe Aci and rclcvaiit rcgyulalions made or havingT cflccl Ilicrlundcr. rcspoiisc. the procedures we perlom) li) deierii)iiie Ihe lei'el ol. risk. inclLidL': dlicciion aiid response 10 risk. ol. frJiid 1¢ 1)d %vheili¢i' Ilic}' Iverc Ili¥drL' iTrl'an)' dLliial or su%pccicd in%iaiiccs ol. Iraud., ri'vciiiik I'L'Lo4iniiion. P11 nicularly in rLspLci ol'delivery ol. Sir1¢¢ In ptrluriiiiiib) an audii in a¢¢ordai)ce ii'iih UK GAAP. Me e.¥¢r¢i%¢ pr(>li'%%innul jiidgiciiient and lilclinlilill prolissioiial scepliiism IhroubThi)Lil Ihc audit process. Oiir approach to dcsigninb) audii pro¢¢durcs by lailorinb? and direliing 1¢41iiig to aid nd suppon the deiLmiined ILv¢I ol. risk. In spi)11se. Ilie procediircs li'c perforiii lo IlciL'niiinL Il)c Icvel of risk iiiclude.. rLlirenLe lo l)i8lorv and experienLc ol'ilic Fnlit) aiid pi-occdurc% r¢laliiig? to.. ideniili'iii(J and coinpli'ingj ivitli laiv% and regiulaiions and H,heilier tliev ere a.1[ re of an>. in%t2L n¢es ol. Iioii d<tecliQli and response lo ri.%k of fraud aiid iilieiher ih¢J wLre awaTL Ot anv ic Clulc I nr sll5pccled inslaiices ol- Iralld: Oiir asscssmenis included the ideniificcilion of ilie lollo%vin¥ potential areas fL)r Iraud.. 111lagiC1nQn[ nverride of coiitrol4 I2nd rei'enue reLo¥7niiion, paniciilcirl}' in respect of delivcTh' ol-services.
ort of the Inde endent Auditors to The Trustees of The Rou hlei- Charitable Trust Our Res onsibilities for the .4lldit of ihe Financial Statemenls These proccdllrcs, and ihe exteni io which ihe!. are capable ofdeieciints irreuularities. intludin(r fraud. are detailed belom.: criiically assessed th¢ appropriatenes5 and iesiing ihe applicaiion of ihe rei'enue and cosi recoonition polici¢s.' leslinli ihe appropriaieness of accouniing esiimates. journals and oiher adjusiinenis made in ihe prepcirtttion of th¢ financial siaieinenis.. rcviewing ilie F.niii) s accouniinu poIiLies for noTr-cornpliance ii'iih relevani %iandards: and iiiakiiig cnquiries ol-mana¥ement and r¢vi¢i%'ing correswiidence ii'ith ihe relei'ani auihoriiies to ideniify, anj i)Te&?ulariiies or insiantes ofnon-compliancc i4.iih lai%s and regulaiions. In performing an audit in accordance iviih UK GAAP. M'¢ exercise pn)f¢ssional jUd¥y¢1cl and Inaintain professional sceplici51n Ihroughout ihe audit process. The risk ol. no¢ deiecling a maierial missiaiemeni resultin¥ fTOm fraud is higher ihan for one resuliinb froin error. as fraiid ni£1y involve collu5iov or override of iniernal conirols. Ther¢ are inh¢r¢nt limiiaiions in ihe audii procedures perfonned. A lunher description of our rcsponsibiliiies for ihe audit of th¢ finaftciJl stai¢mcnis is locaicd ()n Ihe Fiiiaiicial ReponinLI Council's veb511e ai iwiii%.Irc.or¥.uklaudiiorsresponsibiliiies. This descripiion forms pan of our Repon ofihe Independeni Audiiors. Us¢ of ()ur Re ort 'I'his repon is Inic de solely to ihe chJril} s Irusices. as a bod!". in accordance li iih Pan 4 01. IhL C harilics IAeLOU1115 and Ileport%l R<*LJulations 7008. Our audil iiork has been undertak-en so thai li'e mighi %laic lo IIIL charil! s IrusiLes i111i4c maiicrs we are rLquirLd 10 51£llL' 10 ihein in n &iidilvr5' report and lor no oiher purpose. -fo Ihe liille%l L.IIL'Iii PLriiiiii¢d bN' laii.. ii'c du nal ac¢cpl oi. IlS%IIIII rLsponsibilil)' to anjonc other than ihe Charii! and Ihc charih s irnsiecs as a bod). for our audii iwork. for ihis rcport. ur f(Ir ihL opiiiioiis have lonnLd. l.ucK'n11c ns Duckeii Parker Limii¢d ? I C)clober ?l)?S 10
The Rou hlei. Charitable Trust Statement of Financial A¢tii"itie8 for the 'e2r ended i A ril 20? j 2024 Unrestricted Funds Ineome Inie5tm¢ni Income 'roial Income arising during the vear ?68.504 768.i04 88,705 ?88.70.S Resources F.x ended DirL'LI Chariiahl¢ l.'xpcndilure-. CJranl% and Donation5 Oihcr Eipendiiure... Adininisiraiion Cosis 10 ?73.000 713.500 53.755 Toic11 Resources expended ?76.755 158.70? Net Ineomini for the )'¢4r {8.?511 30.OOi Nct Income before Valuations JO.0113 N¢1 CJain4llLos5es) on Inveslmenis'.- K¢¢ilised Unreali5ed 49.648 13iO.7971 1780.6441 i89.870 j7h.QU() Nei Movein¢ni in Funds (?88.895} 406.91 ? 'rotal Funds broughi fon%'ard 8.086.985 7.68n.07J Total Fund5 carried foTward 7.798.090 8.086.985 'I'lie notes on pabJe5 13 10 17 lonn pan of ihesc Financial Siaicinenis. The Charii!. has no T¢rogyiiised gains or losses oihcr than thos¢ siaied above. All incoming resources and re50ur¢es eNpctLdcd d¢rive from coniinuinsi activitie5.
The Roll hle Balaneo Sheet asaiSA ril 2025 C.haritAble Trust Notes 2U25 I24 7.of 0.889 7.96? j99 Current ASSL'IS l)cl)ior% Kiiid Pi-LPcivinents Accriied InierL%l', Cash ai Ilaiik 15.¥82 1 ?9.??6 147.-340 156.0?0 1(}9.()?6 Current Liabllitles %iindr)' ('rLililL)rs Net Current Assels 1 ?4.$¥6 N¢1 Asscls 8.f)X(i.<)Ilf r¢¥¢ntcd h C#pltal A¢¢ounl:_ 2.813.379 i.f)07.$19 -1 £)77.1 y2 Incoii)¢ Ac¢oiini j.9.3 5.79fj 7.7C)¥.IIi)o 8.081).()8fj 'I'he noies on pabie.4 13 to 17 1()n)I part ol'iliese Fiiiancial Siic leinenls, Approved c1nd sig)ned on bchalf i)f the Triislcc5. V. Oivcii 12 D¢ccinber 202$
The Rouuhlev Charitable Trust
r4otes to the Financial Statements
ror the i'eiir ended S A
ril 2025
l Aeeountin
Polieies
Basis of Pre
araiioN of Financial StatemeN15
The Financial Siaternenis hai'e been preparcd in accordance iiiih ihe Sialcimeni of ReLomii)ended Praciice
ISORPI "Accountin.
and Reponinu bi" Chariiies" applicable to charilie5 preparin¢y their Financial Siaremenis in
accordanee 1th the Financial Reportinu Standards dpplieable in ihe Llk and Republic of Ireland IFRS I O?
issued on 151 January ?019 and the Chariiie5 Aci 101 I.
Pre
aratÈon of Ftnsncial St8lerneDts on a Goill
Concern Basis
The Trustees consider thai ih¢re are no maierial uncenainiies Ihe Charii¥'% abiliiv io conisiiue as a t70in
The RoUvh1e Charitable Trust Yotes to the FinAnciAI Staten]ents for the Trear ended i A ril 2025 2 General Informatkon The Chariiy does not have an& end0"eI or resiricicd Funds_ The CharitK' does noi haie an material eommiimenl% noi provided for in these accounls. The Chariti. has noi given ani. ouaraniees io third parties. The Charitv h&$ not made or becn granied ani loans. 'rhe Chpriry has noi made an! ex-uraiia pa!Tnellts. S1clent resource5 are held in an appropriaie fomi io enable ihe ChariTh 10 cam. oul 115 aciii'ities. The Charil}' doe5 rhot have maierial fixed assets whiLh have not been capii3li5cd and included on the balance sheei. Th¢ Chariry. does noi have an¥ material filed a55¢1s 'hICh hae noi been capiialised and included on the balance 2024 3 Ini'estment Income DIldend% on UK Equiiies Dii'idends on Overseas Equities Dividends on Unit TTU515 Oi'erseas Interest on Stocks & Bonds Unit TtU51 Fixed Iniercst United Kin2dom FiKed Interest on Stock5 & Bonds United Kintsdoin (Ciovernmeni oll Gill& Bonds Propertw Income Disiribuiion Intcrcsi received on Brok'ers Deposits Intere51 receii'ed HSBC t)eposil Interest receii'ed HSBC Monei" laKe[ Rental Income from Invesimeni Propert1¢5 i8.195 i9.gi I )i.896 10.004 7.si I ?1.701 9.101 ?O..j91 i.698 4.117 ii ?88.70i 4 AdtlstratiOn Costs Audit and E.Kaminers' Fees Bank Charges Brokews Portfolio Service Manaoemeni Charue5 Propcm. Management Char(pes Expeiidiiure on Propert Annual Softare Licence Office Expenses Meeting Elpenses Trusiees Travel and Subsisience l and Professional Costs Secretarial Service5 SubscriptlOll5 Web Site Managemeni and Maintenance 7.91? 77 ?9.-5?9 47 900 sil 95 6) j 1.874 li7 7?$ 719 59 i.080 7.?50 74.) 719 -$50 14
The Rou hlei, Chkiritable Trust P4otes tu the Financial Statements for ihe veJr ended 5 A ril 202) 2024 5 Investments LIK Fquities Overseas Eqiiiiies lJnii Tru_%ts United Kingdom Fixed Interest on Stocks & Bonds United Kingdoin (Government on Gilis..'Bonds Prapcrtics'.- rrc¢holds Market Value al end of Year 1.46i.487 ?.4 J4.74? 1.79i.776 979.000 513.884 1,66 J.41 ? ? 466.034 1.875.096 I,Oi7,084 450.773 470.1100 7.656.889 470.000 7.96) .)99 6 Anallsis of the Chan es in Non-C#sh Investmcnts duri Markei Value ai bebwinninby ofyear Acquisiiions at Cosi Disposals ai C1 rTr'iniJ Valu¢ the 7.96? j99 -)i5.i87 153? 4101 7.96) .)76 liOS.6871 7.6i6.889 7,4i1,46i 1,45i.454 11.3?8.8871 7.578.0.70 i84.i69 7.967. j99 Nei Id¢creasel'increi2se on Revaluation Markci Value ai end of Year 7 Debtors and Pre l)Lbiors and Prepa!'Inents 8 %undri, Creditors Crediiors cind AcLrii3ls R¢nl Reccivcd in Advance li.)41 14,754 8.000 ?7.8?) 9 Declaratioiis I I I Sufticieni resources ar¢ held iii an appropriaie lonn to enable the CharitN' to be applied in accordance wilh lig Deed l?) The Triistee5 liai'o iiol clianged ihe i'L'cir eiid dale nor the leiigili of Ihe Chc1fii) 5 finanLial p¢riod. 131 '1'he Chariiy does not liave ali). desig)n<lted Fiinds. 141 The Charity dnes iioi have ani, sub5idiary' coiiipanies. {51 Tlic Cliariiy does noi have an}, assets cl<2ssed s inalienable or Iiisioric ai ihe date hei'eof. 161 Tlie Chariij does noi liai'L' ani, fixed clSSeis liliich liai'c 1101 beeii capitalised. 171 The charl does not hal'e an! iniangiible assets.
The Rou hlei, Charitable Trust 'otes to tlie Financial Statements for the Tr'ear en(led * A ril 2025 10 Donatioiis and Cjrants Itttern&tional pt licatioJ)5 ?fi.(ion Birmin hAm .4refi LAr er Grllnis Birminuh<Trln Churclies Touether. Restorc BinMiiiÉJham Settlenicnt -li.flnn IAQ 4.ono Birmin hfim.4rea SmxlleT Grant5 Chureh Based Communitv Pro l)Li1iLmiikLf*111 i%1 Midliinds QuJkLr l)¢a¢i l-.ducaiion l?rojLcii ects. Communit . & l.outh Il'ork 1.500 Niinhix %pakhill 4 1.ilL L'.K Efti'ironment Biriniii&l)c11m Conservation Trusi i.000 Refu cos As lum Seek"er%
The Rou hlcv Charitablc Tru$t Notes to the Finaniial Statenients for the l'ear ended S A ril 202) 10 Dotkations and Grants eeikl N'eeds s.00 C'A%IIA Ad%'i)LaLI' 2.oon MartlllLJU (iardcii 3.oofl i.noo 3.OaQ Tho Art 14i¥ Ilrum'l-hiairi. in l.'duLaiiDii C'ompani, LimiiLd l'ear Alicc 13inlleii AII'60 Grants C'rÉ)%%r(iad% Il'oin¢ii 5.0110 5.(JOO Total Gr#nt5