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 I￿￿eStment Mana ers R14C' IlrLlI'in Dolphin. ¥1 Lolmori Roil. Ilitmingyh(Im. Bankers IISBC plc. Ifi8 ￿..drI10n¢ Lanc. 14irmingham. 1118 ()NP. Solicitor5 %hakispLdfi ￿tarti￿LtsU. '(} I l-olrnori *u ol'er￿ca.% 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 i￿hleh 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)n￿all￿n 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 Trn￿eeS 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 I￿anaLed 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 a￿1￿.)1l￿S 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 posi11￿clI, 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. Tn￿lee5 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 Colle￿1ve 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 i￿1(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'ell ol Ihe 1nde￿￿dLn( .4udiinrs Ihere(In. Oui opinion on ihe fEnancial siaiemeni% d(Je% noi co￿er ihe other infnrmaiion and. exlepi t() Ihe extent aiherwi%e cxpliiiilv %iated in otir iep()n. we do not expie%% anv f()rm ol-assurdnLC cDnclusi(In Iheie()n. IR Liinneciion with ()ur audii of the financial siaiemeni%. our resrK>n%ibilil)' 111 read ihe oiher infnrmaiion and. in d(iinL7 %I). ¢nn%ider whether Ihe oiher infoimdiian 1.% maierially in¢nnsisieni ￿.]lh Ihe finanLial siuiemeni% ()r ()ur knoi¥.led2e i)htaÈncd in rhe udii nr i)Iheiw'i%e appears 1() he rnaicrially mi%%idle(l. If ￿'e ideniifv 4uih maieriAI inL()n%i%ienLies ()r dppareni iiiJlerial mi%siaiemen15. we are required (i) deiermine ￿'he[her Ihis rt4e 10 J m411erial niissiaiemeni in Ehe fjnaniial siaiemeni Ihetn%elNe.%. It.. ha5ed ()n Ihe w'ork we hail performed. ionLlud¥ ihai Ihere 1% a mdieridl tni%%iaiemeni of ihi% ()Iher inl'oi'mdli()n. we art required Iii iep()n Ihai faLI. We hal'e noihinn 10 retK>r( in ihi% regard. 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% TelJieli'%%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 are undertak'en b!. a local independeni professiondll) quglilied eKaminer. Em loi'ees ThL Charii}' has no direct Emploiee5 in ihis curreni %'ear l?074 Noncl 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￿"￿e￿I 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. S￿￿1clent 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 ha￿e noi been capiialised and included on the balance 2024 3 Ini'estment Income DI￿ldend% 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 Ad￿t￿lstratiOn Costs Audit and E.Kaminers' Fees Bank Charges Brokews Portfolio Service Manaoemeni Charue5 Propcm. Management Char(pes Expeiidiiure on Propert Annual Soft￿are 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 C￿1 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