RECISTERED CHARITY NU￿lBER. 269109
Report of the Tru5tee5
Uniudiied Fittathclal Statemen*5
lor th¢ Ycllr Endcd 31 ￿l￿r(h 2024
for
The Ropn¢r CenteD&r) Trust

The Ropner Centenary Trust
Contethts of ItLe Stglemints
for the Year Ended 31 March 2024
P*%t
Report of the Trusiees
Ind¢prndenl Éxaminer'¥ Report
Si4lL'IILciII FinAnci&l Acllvlll¢$
Note% Ill Ihe FlnMn¢lAI Sl#lL'mL'niy
Dct#llL'd.%lulcmenl of Trln4nclul ilctlFllles

The Ropner centenar￿ Trust
Rcport ol Ihe'l'rusiees
ror the l'ear F.nded JI ￿l￿r{h 2024
The Trusttts present ih¢ir report with the financial 5tJletnenlS of ihe charity for th¢ year ended 31 March 2024. The
Trnslees hawe adopted the provisions of Accounting and Reponing by Ch3Tili¢s'. Sialernent of Recommended Praciice
3pplicable to chanlies preparing their accounis In ac¢ordan¥e w'ith th¢ Financial Reporting SiandaTd applieable in ihe
LIK and Rcpublic of Ireland (FR% 10?) leff¢¢lii'¢ l Jaiiuary 20191.
OBJECTJI'ES .4ND.4CTII'ITIF.S
Objecliies 2nd gim5
Th¢ obj¢¢s of the chanty gre th¢ relief ofthos¢ p¢rsons consider¢d to be in a condition of pov¢rEy or di5tres5 Or in need
of education.
Public benefit
Tlie charity's aims and achiev¢ments arL Set out ￿'1th1n Ihis rlport. The acti￿111e$ sei out In this report have been
undLllak-en lo funheT the chiE rily's charithble putposes for ihe public benefit. The TNfitees hake complitd ￿'1th thc dury
under Section 4 01 thi Cliariti¥s Act ?0 I I 10 haie diiL' reEard lo public benefit guidance published b). the Chariiie5
CvrnTn155itsn and ihe TnL51ees haye paid due rebi3Td to this guidanie in deciding whai activities the ¢haril>' should
undertake.
.ICHIF_I'ENIF.NT D PF.RFORII.4%CE
Chgrilable actiiities
During ihL' l'iar ihe cliarily paid 14 grnnts to indii'iduals l?023-. lil and tnade a donation of £).000 to the
Middlcsbrough Sca C'adets.
n*L'5tfnL'ttt polici objccliic5
Tlii Inl %lF'.IliLI& IS by ihe Trustee5 and iak¢s account ol receni d¥mand for funds. The TnJ5tce5 £on5ider the
incorne requiremcnts. IhL risk. profile and IhL mark-ei prosFcts ITr the medium tcrm. The funds may be InvestL￿ itt any
iype of In% esimLnr Our 5iralegy is leile￿.¢d anniiall>.
Re5erlies polit
allo￿.5 maxitnum flexibility in delertninin&i inN'e5tinenl policy. Thi currini IL%'L'I of free rLServes proi'ides sutTicieni
lundi 10 coier goiemance and sllPPOrt C0515 and to rLspond ti) LMergenC￿ applie4ilions for grants which ma} arise from
time to time.
Tli¥ LhJnl% has Tro TesifiLled funds and iheri ari nii restriilton% on Ihc ¢harily'5 pow'er to i￿￿'est.
S I"RLC'TI'RE. (-()I'LR,N,INCE ..IND.11.4%..IGL%II%'I"
Cioierning doLwmenl
Th¢ charity Is conirollL'd by Its goi'erning docurnenl. 3 deed of tNst and consiiiuies art unincotporaied chariiy.
The Ropner C¢nienar)' TNSI is cE)nsiiiuied under a trust deed dated 2 January 1975 and dced of ￿ariation dated 10
Morch 1983 11 15 a re?isiered chanti. number ?69109.
Recr￿tt￿ent and &ppointmettl of irusiet5
Tru51ee5 are appointtd by thu Board of Trv4ieLs. New TTuslee5 are gik¢n apPr￿nate induction io allow Ihetn lo
perlomi their dutie5 effectiv¢ly.
Organisaiion
The T￿￿tieS meei annually 10 assess grant application5 and to ¢on5id¢r th¢ Jnvesimeni perfomiance of Ihe a5set5
Risk.
The Trustees hale examinLQ the tnajur SlTalegic. business and operaiional risks which thL chanty faces and confirm thar
the 5VStems hai'e been estshlishtd to tnablL' r¢¥ular repvrts lo be produced. so th3E the n¢¢essaTh' steps can bc taken to
lessen these n5ks.
Page I

The Ropnor Centenar)" Trust
Report of the Trustee5
for the Year Ended 31 MArch 2024
RF.FEREliCE.4)D,ADIIINI.STIL4TI%'E DETAILS
Rogi5tered Charii) thumbtr
269109
Principal addiess
15 Th¢ Ciree
High Coniscliffe
DARLINGTON
Co Durham
DL? 2LJ
Trustees
A P Theakston
R J B Ropner
Sir H¢nry John William Ropner
Indepethdeni EiaminEI
A W Luck'Ltt FCA DChA RFP
Clii'e Owen LLP
ChartCTed Accounlanls
140 ConisLlilTe Road
DAKLIN(iTON
Co Durham
DL3 7RT
Tilly Blliliy & Irvin¢ LLP
York Charnbe¥s
York Road
H1& rtILpooI
TS76 gDP
Bank"Ers
Natll'¢st Bank Pl¢
25 HILh Row
Darlin￿On
Co Durharn
DL3 7QP
Approi'ed by order of the board ot irustee5 on 2 October ?Oj4 and signed on its behalf by.
A P Theaksiott- TN5tee

ljdependtnt EA*mlMer's Rtport to itst Try$tee5 of
TILe Ropner Ceoten*r% Trust
Independeni tyamiDer's repori to tht tru5tee5 of The Ropner Ctntenarb Trust
I rtpon to the chanty ffiJS¢ttS on my examKnaiion ol tlLe accouDL5 0( Tht Ropnei Centenary T¥y51 Ithe Tnjsti foT the
year ended 31 Match ?024.
Responsibilities and b*5is of report
A% the chanry trusrees of ihe TDJsi you are re5pthsib]e for ihe PT¢paTation of the accounls in accwdance with the
requireTnenlS of the Charit¢¢s Aa ?01 I I'the Aei'i.
I repirt in re5peci of my examination of the TtU51'S accounts carried out under Sectioh 145 ofthe Act ond ill carrying
oul examinaiion I hai'¢ folloN'ed all applicable Direcii4)ns gii'en by the Chantv Commission und¢r Section 14515Mb
of Ihe Aci.
Indeptndeni tx*mithtr's si*iement
I h3I'i completed mi examination I confirm th* no matrrial matters hai'e come to my attekiion in ¢onnecti¢)n with the
¢xaminatJon giying tne cause to ￿lIe%.e thai in any ma*rial resP¢Ct'
accounting records ￿'¢re not kept in respect of the Tn]si as required by Sectjon 130 of the Act". or
the accounts do not accord Miih those records. or
the accounis do not cotnpl>" *"iih ihe applicablc req￿￿ements concetning the fotrn and Content of accoun15 Set
out in Ihc Chanlies IAc¢ounts and R¢ponsl Re8ulaiion5 ?(KJ8 other ihan any requircment that th¢ accounts give
a ttue and fair %'ieM' which is not a matter con51deTcd as part of an independent ￿3m¢natIOn.
I ha￿'C no concern5 and has"e cotne aCTOSS no other mat*TS in ¢owJectJon M'ith rhe eiaminaliim whJ¢h allcntion should
bc drn￿n In this re￿1 in order to enable a proper understhtLding of Ihe act￿nts Ttachtd.
A KJ
A W. Luck¢tt FCA DChA BFP
Clii"t 0￿en LLP
Chartu¢d A¢<ountan
140 Conjsiliffe Road
DARLIXGTOX,
Co Durham
DL3 7RT
Page 3

The Ropner Ccntenar) Trust
St*tcment of Financial Activilies
ror the Year Ended 31 ￿]￿rth 20Z4
2024
2023
Total
funds
Unrestricted
fund
Notes
INCOIIE AND ENDOW.￿]ENTs FRO,11
Investhielli incorne
48.466
43.660
EXPL,NDI"IbRk 01
Cbarlt*ble actii-itie5
Donations
Grdnls pa)'able
2,000
25.390
26,887
Tolul
?7.3
26.887
Nct gainslllossesl on ittv¢simL'nls
12.768
159,9631
ET INCO.IIEIIE.KPENI Dl'l"LIREI
33.844
143,1901
RECON'CILI.ITION OF. F"UNDS
.236.J75
1.279.565
TO"I',IL FLINDS C,IRRIED TrORI%'.IRD
1.270.?19
1 ?36.375
The notes fomi paft of these financial 51alernents
Page 4

The Ropner C.entenari' Tru51
Blllllnce Sheet
31 .114r¢h 2024
2024
UnTesiri¢ied
fund
2023
Totsl
funits
Noies
IXED ASSETS
Ini. j%trnents
1,202,690
1.173.352
CURRENT rlSSET
Prepaymeniq and w¢cru¢d income
Cash 31 bank
5.784
63.807
5.534
60,368
69,591
65,902
CRLDI foR
Aiiiounis fallinb due within on¢ year
11,0621
12,8791
67,529
63,023
I.I.IIIILI-riF.'.s
1.270.719
1.236.375
177U.?19
1.?36,375
?70.219
.230.375
1 ty70.? Iy
1 •36.375
Th¢ finan¥ial 51al¢m¢n15 wcrc appruvd by th¥ Bi)ard ol. frusl¥Y4 and auihori5¥d fur is$ue on • OclLib¥r ?11?4 and werL'
5i¥ned on 11$ b¢half by..
A P ThL'aksion Trusi¢e
The notes fomi part of Ihcsc financial siaiLmen15
PagL 5

Tht Rop#tr Centenary Trust
otts lo Ihe Fina4¢ial St**meuts
for the Ye*r Ehded JI Ilxrcb 2024
ACCOL',%TING POLJCIFS
Basi5 ofprtparing the fiD*n¢i¥l SiittmeDt5
The financ￿1 51alemetLts 01 th¢ chariry. M'hich is a pthlic benefji entity unthr FRS 102. have been prepared in
accordance uiih the Charities SOiiP IFRS 10?1 'A¢counling and Reportjng by Chariijes." Sts*Tneni of
Re¢omm¢nd¢d Practice applicable to chariries prepariDg their accourtts in aecoidance w'ith th¢ Fin30¢1al
Reporting Standard appljcable in the L'K and Republic of Irelaryi IFRS 1021 letyxii￿e l January 20191.,
F¢nanc¢al Reporting Siandatd 102 Tr Financial R¢porting Stsndard applicable in the UK and Republic of
Ireland.. and tht Charities Aci 2011. The financial ststements hai'e bttn Prepa￿d under the hi510rical cosi
conyention. as m(Klifi¢d by th¢ revaluaiion of certhin assets.
Th¢ financial 51atem¢nts hai'e been prepa¥ed io give a 'irne and fail, view and ha￿'e d¢paned from th¢ Cbantits
(Accounts and Reports) Regulitjons 21K18 only to the exieni required kn pr￿"Ide a -InJe and fair ￿'le￿.
This
dLparture has Ini'oli'cd follovtring the Accouniing and ReportiThg by Charities preparsng IheiT accounts In
aiCOTdance w'ith rhe FitLancJ31 Reporting Standard applicabli in the UK and Republic of ITeland IFRS Ioty)
lilTiLlii'e l January ?0191 Tather ihan the Accounling and Reporting bv Chariiies". Statement ol RLYommcndtd
Practice effectii't from l April ?￿5 wthich has since been withdrawTr. The financia] 51aternen￿ are prepared on
a going concern basis.
The princi￿] a¢¢tsuntin¥ policies adopted in ihe preptsration of ihe financ￿1 statements we set out below.
ith*nrlal rvpvriing 5tand•rd 101
rcdurcd di5cIosuTC Clelllptions
The chJrin ha£ tak-in ad¥antJgi l)f thi fL}IIo￿ InLY diS11i)5ufi iximptlcln in prepaTing these financial Slaieinenls.
as peitnirted b)" FK5 IU? T1￿ ktnaniial Retxinin8 Sthndard appli¥abl¢ in the UK and Republic of I￿14nd,.
th¢ Tequirements ofsection 7 Siati'ftk't)i of Cash Flows.
Intoming resour¢e$
InioininLi fiioufLLS ihat may ￿. appli&￿ for th¢ charitys g¢tval puryM)ses I￿. tmod •s'unresiri¢ied' incoming
rL'SoufLiS and ari io'L"nri.¥tTILlid Fund%. 11 hiTI IrKotni bs f&NIJITLTrd ro be f(>T J SPL*IIii PUTP05e.
the amouni Is trLated as'restricied. incoming r¢sourc¢> and is crcdJi"d io thi )ppwpn)tL'fLStricied fund..
Inkestment income is account¢d for in th¢ p¢nod in *'hich the charity is eniiikd 10 reeeipL
Re50urre$ eiptrtded
.411 ¥x￿ndit￿rk. J¢¥OUllt¢d for on an accruals basis and has been Classifi￿ undcr hcadings ihai aggregate all
Costs relaied lo the caleg0￿.. M'heTe cosis catLllOi be diTecils' artribuied to parricular healings they have b¢en
allocated 10 4¢tJiiiies on th basis ¢ons¢deTcd I￿rO￿l&le by the Tnjskes.
Support C0515 have l*en allocatcd again51 Ihc c0515 of the C1￿1.1&ble aciivitics of the Trust.
Gokernan£e costs ar¢ in¢lud¢d withio SUPFffi costs. they are the costs of prO￿lding the goi'ernance
infrastrucwre ro the chaTity.
Grants payable are charycd tn the )'eaT w'hen Ihe offer i5 conieyed ￿ the recipteni except in those cases w4Jere
the offer is conditional. such grants bting recognisLd as expenditure when Ihe co￿1¢lOn$ aitaehins are fuifilied.
Reiurned grants are set against grants payable in the >'ear the grant is retttrned
T2xatioD
Tht charity L5 exempi from on its chantsble a¢ti¥"Ilies.
Fund accounting
LnresEIICEed funds can be usd in accolllantt w'ith the clwirable objeclii'es ar the d￿r¢I10Th of the tru5t¢¢S.
There are no Tesrrickd fun&.
FuTtheT explanatiotL of the nature and pU[W￿ of each futd is inclwled in the not¢$ to the fitLincial stat¢m¢ntS.
Pag¢ 6
ontinu¢d..

The Ropner Centenarv Trust
Notes to tho Finllncial Statctnent5 eoiillnued
(01 the I'e*r F.nd¢d.11 II&reh 2024
ACCOUNTING POLICIF.S_ tontinved
Ilb'¢slfflents
Ini'esimenls are sittied tti Ihelr mid-markei I'dlut ai Iht balance sheei dai¢. Any reali%d or unr¢alised Bains or
Iossts arL shown in the Siaitment of Financial Actikiiics.
Crlilchl Accounilng Judgemtnt$ kei $ource5 of ¢silmgtlon un¢ertAlnh'
In the applicaiion ot- Ihe chaTiiy'S dccouniing polici¢s th¢ Tru5t¢e5 are r¢quir<d lo rnake JUd￿eMentS. estimaie
and assumptions About Ihc carryin8 atnounl of cenJin assets and liabilities. The esiimaicd and as%Kiated
assumpiions ale based on hisiorieal experienLt and oiher faciors thai are consid¢r¢d io be r¢l¢vani.
frlnancl*l inslrum¢DIs
Iinjniial Ili%iruniLn15 ar¢ r￿Qg￿lS¢d al 4rn0rt15¢d ¢051 wiib rhart8es re¢o8ntsed in ¢xpendiiure.
Ih'l'F.SI'%IF.liT INC().IIF.
1024
2023
Dividends re¢eii'tsbl¢
41).958
7.508
38.143
5.517
48,466
43,66U
C'H IRII-.-IHI.F'. IlC'-I'II'I I-IP.% C'()s'1-
CJrani
fiindinb of
5uppEirt
41
nulL 51
Totals
DonDliThns
Grtsnis pa)'ablt
7.000
23. IIM)
75.100
17.390
*0ty4
*0•3
Donaiions
Grants pgyabl¢
24.9(Xl
25.100
24.9
The iothl 8ranis paid 10 insitiuiions dursn8 Ihe year was as follows..
20?4
20?3
Middle5bTOU8h Sea Cadets
7.000
Totsl numb¢r of grnnis paid to indi%'iduals
14
Pa8e 7
¢ontinu¢d...

The Ropner Certltn#r> Trust
otes to the &ln#nclHI StAtemrDt$- contlnued
ror the Year Ended 31 ￿lIrth 2024
SUPPORT COSTS
Gov¢mance
tosis
Management
Tolals
GTanis payAble
550
1,740
Support Cosls. included in th¢ 4bove, are as follows..
Pllgnigement
2024
2023
Adminisiraiion of Ihe charity
550
550
CJUICrn￿nr£ C05ty
2024
2023
PTofcsstonal f¢¢s
IndLpcndLni e.¥aminLY fee
78
1.359
1.740
1.437
TherL' w¢re no I￿Sie¢S, remun¢Tlllion or orhrr b¢n¢fils for th¢ y¢Jr ¢nd¢d J l Mar¢h 20Z4 nor for the year end¢d
J l March 2023.
E¥p¢nses of t IOQ I?1)?3. L IOU) hai'i bLLn rLiinbursLd 10 Mr A P ThiakS￿n. a TNsieL'. Durinb, IIIL. yL'thr
poymeni of 14511110?J. I4501 madL' li> Mr A P I'li¥'.
kslott. 4 Tru41L*,. for thL' admini%iraiion ol'ilie Lhorily.
Unresiri¢ied
lund
INC()%IE ,tND EP4D()II'IIEN"1S FR()NI
Invesimeni income
43.660
.'IPElI Dll"URfr. UN
iir4n15 PdyablL
20.887
Ni*1 gain￿1]05$eS) on invesimenis
59.9631
T I.%CUIIEIIEIPL*4DII"LIREI
RECOYI CILI,tTIOY OF FL'YD
TLTrlal lunds broui,hi furikard
1,279,563
PagL 8
coniinued...

The Ropner Centtnin" Trusi
401es to the Financi¥l St*lement$- continued
lor the Ycar Ended 31 ￿I￿r(h 2024
COfvIPARATIVES FOR THE STATENIENT OF FINANCIAL ACTIVITIES- continued
UnTe51ticted
fund
TOTAL FL'NI DS C.IRRIED FORW'PIRD
,236,375
FIXED ASSET IN1'EST￿lE￿1's
Lisied
ini'¢ssrnents
IARKET I'¥lLL'E
.4t 1 .4pril ?O?I
Addiiions
Rei-aluai?ons
16.570
12.768
At 31 March 2024
1,202,690
'kT BOOK N'ALUE
Ai 31 Klarch 1074
l ?0? 690
Al 31 MaTeh ?0?3
.173.35?
Thi In¥iStmcnis comprise £1.007.760 1?0)3. £979.IY31 IniLSlcd in UK iniesiinenl funds. and 1194.930 12073-.
E194.1591 ini-lsted in a corporate bond Tlic historic cosi ol thL Ini'LStmints is E867.867 1?023.. £8i1.2971. A51
Ini'esimenis arL' held primarily for an IniL'51mcnl return.
Cost or ￿)lUatIOn ai 31 Mareh 2Q?4 Is rLpfLSLniL'd by.
L15ted
i￿￿-e5￿mentS
V&lualion in 2024
1.20?.690
CREDITORS: .4￿10L.￿l'Ts F.4LLING DbE Il"i"fHI) ONE l LItR
2024
Accn￿lS and defetred incotne
?.067
2.879
10.
IOI'EIIENT IN FUNDS
Nel
Mo￿ement
in fund5
Al
31.3.24
At 1.4.23
L'nreslrkcled funds
G¢nLral fuj
?36.375
33.844
?70.?19
TOT.4L FLl%I 'DS
1.236.375
33.844
1 ?70.Y19
Page 9
continued...

The Ropner Cenienary Trust
Note5 to the FÉnanclal Staiemett15- tontinued
for tILe Ycar Ended 31 ￿[￿r¢h 2024
io.
lON'E￿IEyT IIY FUNDS_ continy¢d
N¢t mov¢m¢nt in funds. ittcluded in the above are as follows".
Incomsn8
sources
Resource5
expended
ain5 and
losses
Movement
in fund5
Unrostricted fuDds
(ieneral fund
48.466
127.3901
12,768
33,844
TO'I'AL fr LI￿Ds
48.466
27,3901
12.768
33.844
Lomparalii'e5 for rnoi"crnent in fund5
Net
movement
IL funds
Al 1.4.??
31.3.23
LlnrL'ylfl¢ted futhd
Ginir)I fund
1.279.565
143.1901
1.236.375
TOT*lL FLNDS
1 ?79.565
43.1901
1 ?36.37 j
Comparaii¥k' nkl moi'em¢nt In fiinds. Includcd iii thi Jboi'c arL' a% folloi4'5'.
Incomirtg
resources
Resoiiries
expend
Gains and
1055e5
lo¥-tmeni
In funds
Llnreslri¢ted fund$
Cieneral fund
43.660
126.8871
159.9631
143.190)
"roT.4L FL)DS
43.660
1?6.8871
159,9631
143.1901
A curreni year 12 months and prsor year 12 months ¢ombined p)sstion is as follows..
Nvl
ovement
In fund
Al 1.4.22
31.3.?4
Lnic51rlrted funds
Ciiniral lund
1.279.565
19.3461
1.270.?19
I'OT..IL FLNDS
1 ?79.565
9,3461
.270.)19
Page 10
continucd..

The RopDer Ceoten*n Trust
401es fo the Trinanrial Siatemtnts- continued
ror the l'ear Ended 31 Ilarch Z014
io.
lol,E￿IE￿T IN FLlIYDS- eonrfDvEd
A cutteNI Jear 12 tnDnth5 and pr￿r Jt3r 12 combined net movement ID fi]nds. included in the aFK)ve are
ès follows..
In¢oming
urces
Resoufces Gaitis and
¢wd
losses
Moi'em¢nt
in filt￿$
L'nresirltttd futtds
General fvnd
92.126
154.?771
{47.195
19,3461
TOTAL FII%DS
54.?771
147.195)
19.3461
Gtncral Furtd. This fijnd repTEsentS UnT¢Stnc*d rtsource5 ab2ilabie foi the 8etLttal work of the charity.
REL.4TED PARTI- DISCLOSL'RES
There were relaled part). It3[￿¢tiOnS for the year ertded 31 MaTeh ?0?4.
Pagell

The Ropner Cethtenlry Trusi
Dei*iled S¢Aternent of Financial ActiFitie$
ror thc Yoar Ended 31 ￿larCh 20?4
20?4
2023
INCO￿1￿ AND ENDO11,￿IE￿Ts
Jnveslment income
Dilidends reciiiable
Inierest receiiable
40,958
7.508
38,143
5.517
48.466
43,660
Total in¢oming resources
48.466
43.6
EXPENDITURE
2.000
23,100
lirants lo indii'iduals
25,1(MJ
24.91M)
Support Costs
Adininisir3111)n of the ch3riry
550
550
Go%¢rnan¢e tust$
Protes510nal lees
Indipendenl exatniner fee
78
1.359
1.673
1.740
1.437
Toial rcsource5 erypended
27.390
Trq¢l income before gains attd Iu55C5
21,070
16.773
Nei gain￿(1059¢$) on inv¢stmtnts
59.9631
Net incumclle.Kpenditurel
33.844
43.1901
This page doe5 not forrn pan of th¢ statutory finartcial slaletnenls
Pag¢ l?