CLA evelyn PARTNERS Rockcllffe Charltable Trust Trustees. stat•ment of accounts For the yearend•d S Aprll 2024 Rockcuffe Charltablo Trust Logal and admlnlstratfv• Informatlon Slmon Lindley Keswi¢k Emma Bridget Keskwck Nkk Go)Json 274117 Rockctsffe Charitab(eTru5t ¢/0 Malheson & Co Ltd 12 UpperGr05venor Street Mayfair, London VAK 2ND CLA Evelyn Partners knmited 4th Floor. CumberLand House 1&17 Cumberiand Place Seuthampton Hampshire S015 28G HSBC Prfvate Bank IUKI Limii•d 8 Cork Street WIS 3U Unkiater5 I Silk Street EC27 8HO HSBC Pnvaie Bank IUK) Limited B Cork Str•o1 London WIS 3LJ Rockcuh Charltable Trust Cont•nts Trusie05' rep)rt Ind&pgndont wdltors, repjrt Statement of financIal￿￿vItIeS Ba*0 sheèt sh flow staiement Noles to iIK+ acccunts lo-ts Rockcllffo Charitable Trust Tn￿te8$, report for the year •nd•d 5 2024 The trustee5 wesent thoir r9p￿t ￿ accwnts lor the year ended 5WI2024. The ctjmply ￿th the Chan'be5 20ll aThJ *val thè a payment Is madè. The trustoeg ￿flrrn that they have due rewd to th• Chartty Commlss*)n's guld￿￿8 on PL benefiL Rockeu￿ Charltable Trust Trustees. report for th• y•ar 8nded S 2024 Thi, flnanclal a¢li*ities are summaiis•d on 7 of the ￿count& t￿rIr￿j the year t￿ cth)dty £486.742 (2023: £487.9391 thvbderKI Income ftom Wed investmerts arKI E6.141 (202& £341 of Snterest An analys￿ ol grants payable Is provkjed in Tr)te 4. Grarrts wlth a total vaiL* of £L379.454 12023. £332 9401 were recognlqAd dvring the year In furtherancc of tho objects of the charity. At ygar end. E685.000 ￿023.. £NID of gr￿lS payable commltted to dunng the year have been Included within creditor& It ts the wAiLy of the charity to r•seN8s which ar• sufficient lo auow futu￿ grants and donallons to be made out of investment Income al the dÉscretion of the tru￿¢e% At 5 AprS12024. total reserves rrounted to E7,576.12712023 £ll.252.8591, The charftabie trust deed pwmits any invesfvthts lo lurther the 0￿¢¢t5 of charity Thg charity has a P)rtfol￿ of bsted investments that had a market value of£8.180,522 at 5 Wil 2024 ¢20a. £10.956.7431. Rockcllffe Charltable Trust TYust••s' r•port for th• y•ar •nd•d S Aprll 2024 The trustees are responslbie for prep￿Ing the tnjstees, report arKI the accounls in &cordance with applicable and reguiatk)n& The Law appLuble to tha￿lIeS and Wa¢es reqthres tho trustees to prepare accounts for each financk41 year in accordance with United Klngd¢Jm Generally Accepled Accounting PraCt￿e (Unrted Kingdom Accountiry Slandards and appE￿able regulaljonsl SndLAllng FRS 102 'The Financial Rèports'ng Standard appkncable in the UK and Republic of Ireland. Under that law the trustoes must not apwove the accounts unloss they are sat1sf￿ that they glvé a true and f&r Mew of Iho state of aff*s of tharty and of the Il￿ornIng res¢￿rceS and applicatDn of resource5 of the trustees fur that year. In preparing th8 accThJnts. trustees are rnquired to.. - select 5ultabio acccunting poiicth and then applyttrwn conslstentty.. - ¢Jbserve the m*h￿S and FylnclplK In iho Chartties SORP. . mak•Judaemfftts and estfjmates that arn reas¢nth and prudenL - state whèlhor appllcabLè ac￿jntIng stsndar£ls been folimd. to matortal dapartur9S dsciosed and gxpiaSned Jn accounts." and - prepa￿ the accounts on wng con¢8m basls unless it is Inapwow*• io that the charlty willcontinue in cperatS0n. The trustees are respon51blo for proper ￿QUntIng wl*h ￿ sufficient to 51N and explain ttr￿ tnJstees' transactions and dis¢lose wlth r&isonable Kcuracy at any Ihe finarKlal posrtion of the chanty arKt which enth them to ensure tt)at the accounts comply with ihe CharitEs N£t 2011, the relevant Chxrily (Accounts and Rèportsl Regulabons 2008 and thg proVisL￿5 of t1￿ chanws gwnng document They are also re¥￿)n￿bLe frx safeguardirrfJ Ihe assets ot the charity and Fkflce lor IAking rea9￿￿￿1• steps for the prw8ntion and detectKsn of fraLKI and other irroJuU4ntse& alf of oftrustees Trust Rockcllffe Charltable Trust We tsve audited the financial slalements of Rlaned 15 wfficwt and approprth a l>a*s IOT ourcplniobi In 4uthting the finarKial stsiements. we have condud8d thal the trusi£es' use of the gsJfKJ concem ba ofaccwnling prepa￿t￿n of the financial stalen￿ts Is appTopnate. Based ￿ the work we have perfomied. we Iwve Tr)1 #Yenbfied any materkl Lmcertalnt￿s rethlry to eb*nis or Condilic￿ IhaL irKINhYLwUy ￿ roLiecUvely may casl sknJnifi&inl d¢x*Jt C￿￿rity'S ats.uty to conlSnue as a g￿n9 COr￿￿n fora of at least twelve months frc¥n wheft the financki stateM￿ts authc*ised f¢f Our respon￿bilItIeS an¢J Ihe respon5ibibt*s of tru5tee5 rgspKt to CO￿0M are dw%ritr*d In Ihe reiwant sactions ol Ihs ￿ The ot￿r Infomiaiityl c¢)mws inf¢Jmiatton iT￿l￿ded In Tru5tees' statement ol acccxjrits. other ihan financ471 statemMis and our audilcr's report Ihereon Th• tiuslees are T•5ponsible fe* the other 1nl0rmalK￿ contdined wilhin the Trustees. statem￿1 ol Jccounts. Our OF*nK)n on Ihe firwKial siat&ments does not cover Ihe other mi1ormJl￿n and ￿ do r￿¢ 9xpr•ss ary lorm ol assurance conclugon Iheroon, Our re5p)nSi￿lIEY È5 lo t￿ other informaiKJn a￿1. so c￿1¢19[ whether ihe infr)rmat￿n is malerolly inconsstent with the flnancial Sthlen)er)ts or ow krK)wiedge otAained in the toitr* of the audll. (Y ol1w￿￿se appews lo be malerk)Ily mi%si4ied 11 wè Identily such malork)i Incongsiencies cv apparonl rNlorial mvJStatemenis, we are Wirod to dot9mne whether this give5 rrso Io dl maler msStatèm￿l in thg financ￿[ stal9m￿ts Ihffnseives. If. based on work wè perforrned. we C¢y*lu(* that thwe Is a malerlal m1551atttnent of thts other In1￿ma￿. a￿ required to feport thai t￿1. Wg have rKthing lo r8pJrt In th¢$ rog Rockcuffo Charltabl• Trust Ind•pend•nt audltors. r•port to th• tr￿t••5 of the Rockcuffe Charltable Trust Wo hdve nolhiry to In ie5PeCt ol the loilowry matters In relation io th.ch Charl1￿ l*¢xmts and Rpportsl Wuiations 2CQ8 r8¢4uire us to rewt lo you rf. In our ¢wintry& - sIfft￿nt accountSry recTrth W nol boen kept. ¢ - Iho infc*ma1M￿ glvfrn In Ihp financial slatam•ntS Incons$t￿l n ary ￿￿1￿[1& respKt tru5to0s' - the f*7anclal statemen15 are rK% in agreorftht with the aCc￿litI1￿) rLYords. or - hab* not r9e￿+￿ au the InfDrmalicr and exFAthJlions we require for authL As explained more fully In thg Tru5tees' Rew*4lrtW5 fthtgffent sel out on 3 the tru5tges ar9 responsible for Ihe propwbts.on of the fmanclal statements and for Sa￿f￿ ihat gr￿ a ttue arKI wew and for SLth inièmal coniiol as Ihe trustees determine is necessary to enabLe wry4ratk￿ Qf fin￿1￿1 sialemen15 Ihal arv free from n￿leT￿lI m&stslen￿nl. wh0t1￿¢ lo Iraud ot W¢f In weparing tho flnarthl skatemwls. trustees ￿ resFKnslble fur asses*ro Ch￿1v s abllily to condnue as 8 gory concern dlselo&ro. as ap￿Icable. mall*s ielaled to 9oing concern a￿1 tsslng the glyry CO￿eM Ix75ts ol aCc￿ntIng unles5 the trustees gilhw hlerKI to the charlly ￿ to coa5• oPeratr￿S. ty havo rn reab511i d11err￿t￿e tAAt to th so. Wo be¢>n aponled as aLKhlor uiider seciion 144 01 Ihe Ckorilres kl 20ll and rgport in wlth th8A£t ar￿ re￿nt fegulatKMts madè or IK3thrg effecl thrnrK*r Our obrtives a￿ to obtaln rea%or*Ae a$￿a￿ at>Jut wt*ther the statements as a vthole fro0 fi¢m noterb)I m*sslaleniw)t. wFwlher due lo Ir3ud or effCK ar￿ lo issue 4)n auditor's reFJ)rt tfrkgl rnciL*Yes our opnion. Rea￿X￿ble assurarce is a high iwel ol assurance, txll is not a guaranlw Lhat an aiidsl conductgd in accordartce with I￿5 IUKI vlll iilways deiocl a maierlal miss￿l￿nent vthen il extst& MSsslalements can from Iraud or error an(1 are c(xY4dered malerL4 if indwhjually or ￿ the a99regale. they C￿[0 rpasoiatly be eX￿lea ￿ influence the econ0n￿. do09.cffj ol uws lakAn on Iho baysol Ilw fln￿￿kn1 stateffén Irf•Jularillrf r£iuding frau(L are Inst#ws ol non-cl￿bill￿e9 ￿t￿"ned a￿￿e. to detect malerial misstatements In ￿spect of lrr&Jularlt￿. InclL#Jlng fraud Tr extml io which ¢)w ￿0¢ad￿rg$ are Ca￿>￿ of detectiry includirKJ fraud. ￿ deta4ed tsgiow. We otlalned a underswlng rl the chanly's legal and regula￿ frarrwtrk through erwry or rnan￿ernent concwning Y￿erStanding of relevani and regutsI￿nS. the enrrty's 0￿je$ and rKocodtsres Gonipiiarte. ond how IW Idenlify. evaluaie and ac¢ounl lor b'lfgalion eiakn& Wo 150 diew cn cur existjng un¢Jwsian(ling of the charily's *rfustry and iegu1a￿rL W& Underst¥￿ thal Iho chanty Compl￿ wlth the framrnk throLUh'. - Ctytsourciry accwnts preparat￿an to exlemal experts In Il* context of the audl. we con4dered trKI￿ laws and regulations whKh detemiSno the ILYM ¢)nlenl ol Iho fina￿￿1 staltsYnentJ¢ whkh are c•ntral to th¥ chdrily s atxuty to its buslness. aTrJ/ or whgre there is a rssk that failure to ccfflply could re5uII In nwlefial wlla1t￿ Wg id￿11"19d follow )ws and regulaliiyi% AS bwng of 51gnikance In ihe conl*At ol ili¥ chanty - The Chanties Act 201L FRS 102 and the Attounting and RepOrt￿g ty charl1￿5 Statement Reccmmended PrKttce SQRP) n ￿￿pect of tts preparatTh and oresentsbcn ol the financ¥1 siolefr¢nts Rockcuffe Charltable Trust Independent audltors. report to th• trustees of th• Rockcllffg charl￿ Trt￿t The senior statutw auditor led a discussMM wAth Senior members of gngagerwt team regafdin9 t suxeplibility of the enlily s financlal statements to matsrlal rnlsstatwr￿L InctudirvJ h¢JW fraud m¥ht occur The are35 identified in this discuss￿ were.. - Maniwiaaoii ul Ihg financ￿1 statemen15. via managemwt override of conlrcis. parttuiarly as IIF stto 01 the chanty means that t￿fr is btde ¢)PF>Ortunily for segregation of duts•s The prccedures we carried wt to gain evthKe in above areas rtluded. - Sub5tanUve work materialareas affectlng a¢counis A furttw descripliDn of our re$pon&bibt￿S Is available c47 the Financial Reptrtry c￿n￿￿"S Web￿te at. wwwfrc.Ofg.uk/audtorsrespon&biUti'e& This descripuon lorms pwt ofour audiior's rewL UM olourrnwt Th15 i&porl 15 made soldy to the char+ty's trustees a5 a trKdy In accrydar￿e Kwth Part 4 of ihe Charitiès (Accounts and Reports) Reguialens 2008. Our audrt work hès been undertaken so that we mi9hl State to the charity's trustees matters we are rÈqulTed to slate to them in an auditcr's reF*¥t and for no othèr wrpose To ihe fullest •xient P9rnilted by law. dn rnt ￿CePt Of assume responsibikn'ty lo aryone other than the eharity and the charlty's trustees as a bc(ly. for our audrt work. fcr this rep)rL or for Ihe opSnions wo have formed. CLA FA/fvLUJ LI￿￿￿ StsluloryAuditor Charteredkcthjntsnts 4th Floor Cumberland Hou50 15-17 Cumberland Plac• Southampton S015 28G Date 11 December 2024 Rockcllffe Charltable Itust Stat•mont of finan¢lal actlvltl•s for the y•ar •nded S Aprll 2024 2024 2023 Investm￿t Inc 49U•J 487.9rJ Raisng furKIs CharrtabLe actiwties- grants Charltabie ￿Eth￿es- sUPPOrt costs 1J79,4U 332.940 13340 25.723 &393.394 358,701 Mot (•xp•ndlturn>/lrtom• l*forn g•kns •nd IoM•• I￿￿1) 129,2r L05s8s on Inves1m￿ts m2a) IL03L1821 1&67VJ2J 1901.9101 Tolal rneondikntlon oflund&' Total fun¢ts' brwht foThvartl 11251859 12.154.769 7JT4127 IL252,859 ALilrumo experKliture derlves frc¥n conti1￿4ng actmlies The notes on pag05 10 to ￿ fom part 0fttr￿ accounts. Rockcllffe Charltable Trust Balance sh••t M at 5 Aprfl2024 Z024 2023 Investnwts 10.956,743 Currnnt asmts Cash at bank ar¥J in hand 91470 3C6,466 IW.•65) ao.3501 I￿000) 7J70.127 11.252.859 Unrestricted fuThts 7.676J27 IL252,859 7.576J27 IL252.859 nts apyoved by board. wthoAsod issue and &gn•J on ththr behalf ty, The notes on pages10 to15 fcffl) part ofthes8 accoJnt& Rockcuffe Charftable Trust Ca•h flow stat•ment for th• y•ar •rKl•d S Aprll 2024 2024 2023 (707,•791 ¢3S7.801) Investment 491813 487.973 T0￿C3th inftw Irom irNesliryJ actiwties 492,883 487.grd 1214, .172 176,294 470 3Ce.460 At6AwK 20 Cmh At5 Apr 2024 Cash at bank ancl In hand Q14W> 9&470 Rockcuffe Charltable Trust Notes to th• accounts forthe y•ar •nd•d 5 Aprfl 2024 Rockclilye Charlliible Trust is an unlrKorptyated IntsL cor)slbluied a C￿lta1￿8 tr￿￿1 deed. It Ls Lstered wkth the Charity commis￿on In England and Wales INO. 274lln and the principal address 15 12 Ut)Fw Grosvènor Sl. Mayfair, London. WIK 2ND. The aCC¢)unts have been prepared in Xe0rd￿ce wltt) Accounung and ReFUrtry by CharIti￿. stalwt of Recommended Practice applicable to chaiilie5 p￿paring their accounts In accordance wilh the Financlal Reporting %wvJard applicabia In the UK a￿1 of Ireland IFRS102) leffectNe l January 20191 The acC￿Mts have bew wepared urKler the hlstorlcal cost convwU¢n. as mc(Ilfied to InCILh￿ the fpvaLualliM ofcertaln asset& The trlL￿t￿ confimi ttkil the charity Ls a public tsgr*fit enlity•s defK*d by FRS 102. The accounts are prepared on a gc4ng ccncfrm basis., tr*re arn rK> ￿￿terIaL urKertaintie5 thè chanws ability to contsnug as a goSng Goncern, The charilvs wes•ntallonal Curroncy ts GBP, Investment Incthrn Is lo the ststement of finwKial act4vit* n th& pwtod kn whkh il reCeiVa￿e Liabl￿tieS are rg¢cwlsed as exwditure as scoi as Ihero Is a legal or ¢onstructlve ob¢igation ¢ommiltir@ th& eharily lo the expendlture. All experKtiture is accounted on an accruats basis arKI has teen clasthd under the headlngs that aggregatg all costs rglaiod io tho cat&wy. The costs of rdlsirg funds c¢nsists of hnvè5trr￿t n%￿gem￿nt ants payable are pay￿￿15 mad• to third part* H) fUrth8raT￿ of the charitsble obJocts ol charity. Tho grants are accoun¢ed for where trustees Iwve dgreed to pay grant with¢)ul ¢orKlition and the reciprent tss a reasc¥Mble expectation Ihat they wll r@celve a granL Support costs con￿St of costs not dlrectly aitribulabie lo di￿1 charltsbie expendilure. bul wh e in resFeCt of the general adminSstration of the charity arKI ¢)verail managwnenl of thè fiJnd> Invpslments &f• Snitially r•eognls•d at Ihlr ironsactlon value Wuenlly measUtEd ai ralr vaLu•. Unwilsed galns or losses are Tecognrsed in the statement of financial acuvltles undar ￿n5 arKI on Investrnpnt asses Reali5(￿ gains a￿£ Lots95 aro dilTvrvnce bgtw@•n disFosal prc¢eeds aTrJ carfying value and ar8 r￿QgnISed in Ihg stat*iient ol financ+al actIvil￿ undar 9gln5 and tosses on investrngnl asse Rockcliffe Charltabl• Trust Notes to th• xcounts for th• y•ar endod 5 Aprll 2024 TransactKYs denominated In forwgn curronw arn rec¢yded at raie rubrKd da￿ of th tran*tson. )&tsry assets and LIa￿￿tI￿ den¢rrinatgd In fryn curYgncp8s are translated Into steruru at the rates ot excharpe ruung ol the balance sheet date. AU dlffererw are included in net exFendtture. nd aecountlng Unrestricted funds are fijnds whrh ao avalLabie fc¢ use at discrfjtion of Ihe trustees in furtherance of the general o*ts of the Chorily. The ha5 no re5trkted or widow￿1 fund& li1v•st￿ kncom• 2024 DIv￿￿d Income frorn bsted rnstnMts Inte￿5t recgNable 48V42 487,939 6,141 34 492MOJ 487973 2024 2023 Investment manag￿1 fees Grants ￿¥Yable (see rK>le 41 Im,414 332.940 cosis Isoo Trjte 51 13340 25,723 &nJJ94 358,701 li. Rockcllffe Charltablo Trt￿t Notes to th• accounts for year endod 5 Aprll2024 2024 2023 Grants to InsUtuthYls136 grants). Maggie Keswick Jon¢ks Carw Canng Centrts Tnssl Kale's Home Nursing Slow on the Wold FtFC Shines Children Iugandal UK Supp)rte DisakN"Uty Hunllngdon5hi Unwersjty ofwesl ol EFYJiand Upper Slaughter PCC Oxford HospltaL4 R& 8 Nursery Machrtyre Care Ability Dogs 4 YouThJ Peo Alexander 0￿111￿ Children's Car)¢er Trust Essex & Herts Aif Ambulance Trust Future Trees Trust Great Wesiem AirAmtrA41arKe Chadty Insight Gloucestershire Marine Con5ervatlon Soc PrK)rs Cwrt Foundalbon Sl Chftstophorfs Hospice Supwt Our Mililaiy Vèterans Transformlng Auttsm War Men￿oI.S Trust Wmston's Wish la Support Progrnmmfj for ChlLdTrnl Demgntia Friwxlly Swell C of E Primary SCI￿01 The Garden Museum Turquoise mt>unta￿n Trust Just Row Glouceslershke Duchgnne UK The AucktsrKI Prom Rebuild Globally Tho Game and VAldb"fo Cors•rvatkn Trust Baiten Disease Family Ass(Kkatwt ChlLdren's Howce South Wosl Altheimèrfs Research UK Framtingham Youih Partrwshtp The Grand Appeal Wilts & 8efks Canal Trust CnmeS￿pp¢rs Helen Arkell DysLe¥ra Chanty Red Squirrèl SuivlvalTrust Starlight Chrldren's F￿ndatiOn Support Dogs Limlted 203,920 7•,695 25.000 2&000 20.000 3.000 4000 5.0 1000 1000 Looo LOOO Looo 1,000 &ooo 600 123.481 30,000 30.000 20.500 5.000 5,000 2.500 LCQO 5CQ 500 &f•rt54 332.940 Rockcuffe charttab1oTn￿t Recondlotlon ofgrants pay 2024 2023 Commiimgnts charged to the Staiwnenl ￿flnand&I act5vlt&95 In the year Grants oakl duty they CLYnmthwnts at 8 ApTII 2023 1,379.4S4 1694A64) 332.940 (332.9401 C￿nMItments at 5 Awll 2024 615,000 Commltments at 5 Aprtl 2024 are ptyabLeas frAIows'. Wthin l year morg than l y8ar 0.000 SU.¢)00 2024 2023 ACc￿nIanCY fees Audil feeslgovemance eosu Trustees. rémuneration Ftyeign excharye19ains)/losses 1.19) 9.160 5.000 10.3T3 9,61S 25,723 One of the trustees recehved remuneration of £5.000 thJrlro the year fty adm1nthatll￿ and secretsnal 59tvices12023 E5.0001, There were no empioyqos duriro t￿year (2023 nonel. RoekcUff• Charltable Trust Not•* to th• a¢eounts for th• y•ar S Aprll 2024 2024 2023 Market vatue at 8 2023 Change in value in the year 10.956.743 ll.987.925 (2116221) a.031,182) ¢UO.S22 10.956,743 Bool( eAt•t5 AwK2024 •J,904 8.893.9¢)4 20Z4 2023 Grants payabio ts09 Mte 41 10,865 10.350 0,865 10.3 2024 2023 Grnnis F)ayabte tsoe note 41 SLI,000 year. #￿eStm￿l of E488.742 (2023: E487.9391 was recew Irom Jardln Math0￿)n Holthngs knmilfjd. Smon Kgswtck's son IG a d￿t01 of IhSs company Payments of E5.1)00 12023: £5.0001 were made to Nlck COn%￿lan¢S in respect of admrnislralwi and srfretarial servtes. Gcodson Is a trustee. TI￿se payments were appr¢)vod by Slmon Keswtck, a trustee of the Rcckckn'ffe Charttable Trust 14- Rockcllffe Charltable Tntst 2024 2023 Net mcNgmenl in funds las per the statèment of firwiclalaclivitles) Investmenl Sncome Losse5 ￿ invostmonis Irwse ￿ cr&Jl (3.676132) (492,483) 2,776221 <901.9101 14879731 L03L182 07079) <357.80