THE CHARITY TRUST OF THE
ROTARY CLUB OF LONDON
Report and Flnancial Statements
For the year ended 30 June 2024
Charity Number: 278511

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Financlal Statements for the Year Ended 30 June 2024
Contents
Pages
Legal and Administrative Information
Report of the Trustees
Independent Examiners, Report
Statement of Financial Activities
Balance Sheet
Notes fomiing part of the Financial Statements
8-12

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Legal and Administrative Snformatlon
Charity Number
278511
Trustees
Clive Amos
Rajiv Sabharwal FCA
Tim MacAndrews FCA
lan Balcombe
Luxshman Somanathan (Appointed 9 October 20231
Registered Office I Principal Offlce
Woodside
102 Burdon Lane
Cheam
Surrey
SM2 7DA
Independent Examiner
Helen Cain
Mer¢er & Hole LLP
21 Lombard Street
London
EC3V 9AH
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Investment Advisors
Evelyn Partners
45 Gresham Street
London
EC2V 7BG
Related Oryanlsatlon
The Rotary Club of London
10 Sutton Acres
Little Hallingbury
Bishop's Stortford
Hertfordshire
CM22 7RZ

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Report of the Trustees for the Year Ended 30 June 2024
The Trustees are pleased to present their report together with the financial statements of the Charity
forthe year ended 30 June 2024.
Legal and administrative information set out on page 1 forms part of this report. The financial
statements comply with current statutory requirements, the Trust Deed and the Statement of
Recommended Practice- Accounting and Reporting by Charities IFRS 102).
Structure Governance and Management
The Trust was founded by a Declaration of Trust dated 8 June 1979 and is a registered charty in
England and Wales. The Declaration of Trust sets out the powers and responsibilities of the
Trustees. The Trustees have the responsibility of managing and investing the funds but the
distribution of funds- in accordance with the Trust deed- is under direction from Ihe Council of the
Rotary Club of London.
Capital and Income may be distributed to Charities and for educational support by way of
Scholarships, exhibitions or maintenance for any person over 16 years of age in ne￿ssIt0uS
circumstances.
The Charty has up to five Trustees who meet at least twice a year together with the President and
Vice President of the Club to review the performance of the investments and to decide what, if any,
changes should be made and how much money can be set aside for distribution.
In accordance with the Trust Deed, Trustees are appointed by the Rotary Club of London.
These appointments are made after consuttalion with the existing Trustees. All Trustees are
encouraged to attend courses and conferences that would benefit their role as a Trustee of the
Charity.
There are no employees of the Charity. and the policy and decisions are made by agreement
be￿een the Trustees.
Reserves Pollcy
The Rotary Club of London decided at a general meeling of the Club in the year 2014 that despite
the Trust Deed permitting the distribution of capital and income. the Trustees should be asked,
subject to market fluctuations, lo plan the investment policy on the basis that the value of the Trusl
should be maintained at a nominal value of £300,000 and not subject to inflation. The value of the
assets of the Trust was £401,213. The Trustees in consultation with the Council of the club have
agreed to aim lo rebuild Ihe capttal value as above but also to continue to make distributions to
charities as directed.

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Report of the Trustees for the year ended 30 June 2024
Objectives and Activities
The purpose of the charity according to its Declaration of Trust is that the Trustees shall hold the
Charity Trust Fund upon trust to apply both capital and income to or for such charitable objects,
inslilutions or purposes in such proportions and in such a manner as the Council shall from time to
time direct and, also in accordance wilh paragraph 4 thereof the Trustees shall have power at the
discretion of the Council to pay or apply the whole or any part of capital and income of the Charity
Trust Fund tor the advancement of education in the establishment or support of any scholaiships.
On 25 April 2022. by way of Codicil. the objectives and activities of the Charity were amended. In
addition to those objectives and activities stated above, at the discretion of the Council, Trustees
shall also have power to apply Capital and Income of the Charity Trust Fund for the advancement of
health and saving lives, disability, the prevention or relief of poverty, disaster and famine relief,
environmental and general charitable purposes, all of which apply lo both the United Kingdom and
an￿here else in the worfd.
Evelyn Partners continued to manage the inveslments ofthe charity. During the year the funds have
been fully invested and have produced income. the Trustees have agreed to the conlinuation of
Evelyn Partners, appointment.
From time lo time members ofthe Club arrange fijndraising events for the benefit ofthe Charty and
generally these are administered by the Charity.
The Charity also receives donations from time to time from members or others.
In setting out the Charity's objectives and carrying out our activities, the trustees have had regard to
the Charity Commission's guidance on public benefit.
Risk Management
The Trustees have examined the principal areas of the Charity's operation and considered the major
risk in each of these areas.
In the opinion of the Truslees the Charity has reviewed systems which. under nomi81 conditions
should allow the risks to be mitigated to an acceptable level in its day to day operations.
Revlew of the year
This has been a reasonable year for the Charty during which it has been able to continue
distributions. Following distributions of £6,800 the value of the Charity has increased from £342,764
to £400,133. Distribtrtions were made to charities totalling £6,800.
Of these distributions the following were from Unrestricted and Restricted Funds..
1 x donation of £1,700
4 x donation of £1,000
1 x donation of £600
1 x donation of £500

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
ort of thg Tru8te65 for the ygar ended 30 June 2024
The Trustees confirm Ihal they have rÈferred lo the guidance c£Jntained in the Charities Commission
general guidance on public benefits when reviewing Ihe Trust's alms, objectives and future adivities.
Plan8 for the Future
The Trustees intention is to ￿ntinue to run the Charlty along the same lines as Ihis year.
In conclusion the Trustees would like lo thank all those who have asslsted the Charity during the
year.
Trustees
Hugh Kirk MBE FCCA (Resigned 30 September 2023)
Clive Amos
Rajiv Sabharwal FCA
Tim MacAn(Jrews FCA
lan Balcombe
Luxshman Somanathan (Appolnted g October 20231
Trust8&8' responsibilitia$ in rektion to thfr financial statements
The Iruslees are responsible for preparing the Trustees, AnntJaS Report and the financial stalemenls
in accordance with applicable law and United Kingdom Accounting Standards (United Kingth)m
Generally Accepted Accounting Practi￿}.
The law applicable to chartties In England & Wales requires the trustees io prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity
and of the incoming resources and application of resources ol Ihe charity foi that period. In Preparing
these financial statements, the trustees are required lo=
select surtable accounting policies and then apply them consi51ently-
make judgements and eslimales that are reasonable and prudent.,
state whether applicable accounling standards have been followed. subject lo any
material departures disclosed and explained in the financial statements,.
prepaie the financial statements on the going concem basis unless it is Inappropriate
lo presume Ihal the charity will continue in operatson.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them lo ensuie that the finanual
statements comply wilh the Charities Act 2011, the Charity (Accounts and Reports) Regulations
2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets or
the charity and hen￿ for taknng reasonable steps for the prevention and deleclion ol fraud and other
irregularities.
'trS'
and signed on their behalf by-
Approved by the Trusteès on
lan Balcombe
Trustag

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Independent Examiners. Report to the Trustees of The Charity Trust of the Rotary Club of
London
I report to the charity trustees on my examination of the accounts for the year ended 30 June 2024
which are set out on pages 6 to 12.
Responsibllltles and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('Ihe Act'l.
I report in respect of my examination of the charity's accounts carried out under section 145 of the
A¢t and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbJ of the Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come lo my attention in
connection wilh the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the
Act., or
2. the accounts do not accord wth those records,. or
3. the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 oth&r
than any requiremenl that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
/4£* .
Helen Caln FCA
Mercer & Hole LLP
21 Lombard Street
London
EC3V 9AH
24 April 2025

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Statement of Flnancial Activlties forthe Year Ended 30 June 2024
Restricted Unrestricted
Funds
Funds
2024
2024
Restrlcted Unrestrlcted
Funds
Funds
2023
2023
Notes
2024
2023
Income from
Donations
and legacies
Interest
received
Investments
32,085 32,085
37,999 37.999
19
19
Total Income
42 230 42 230
47 926 47 926
Expenditure on
Charitable
aclivities
Management
6,800
6,800
155
32,845
33,000
administration
Total
expenditure
155
Net incomel
lexpenditure)
30 199
155
Gain l (loss)
on revaluation
of investments
Gain on
disposal of
investments
24,760
24,760
{18,8271 (18,82n
Net movement in
funds
155
Reconciliation of
funds:
Total funds
brought forward
Total funds
carried forward
All income and expenditure are derived from continuing operations.
The notes on pages 8 to 12 form part of these Financial Statements.

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
BRlon¢• Sheot at 30 Jun• 2024
2021
2023
Flx•d •1801•
Inveslments
369,351
339.008
Invesknentg
Cash al bank
3.244
2.311
31,8
4,776
¢rodllor8: arnounts 1015lng du• wlthln ono y•ar
Netcurrent ai$•ts
Total ¢h•rlty fund•
Unre5tricled knds
400.133 342.764
Rttlrkted lund¥
Total charfty fund¥ ¢ath•d forward
10
oved by thB Twstees on
and signed on twr behair ty.
lan 8alcombe
Tw8t80
pago$ 8 10 12 fo￿ part oflhese Flnondal Slatemenl8.
cs
CamSc&nn¢r

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Notes to the Financial Statements for the Year Ended 30 June 2024
ACCOUNTING POLICIES
The piincipal accounting policies which are adopted Gonsistenlly in the preparab'on of the
Financi85 Statements are sel out below.
a) Basis of Accountlng
The financial statement5 have been prepared under the historical cost convention and in
accordance wlh the Statement of Recommended Practice.. Accounting and Reporting by
Charities IFRS 1021. The Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland (FRS 1021, and the Charslies Act 2011.
The financial statements do not include a cash flow statement because the Charsty, as a
small reporting entity is exempt from the requirement to prepare such a statement under
Update Bulletin 1. Charities SORP IFRS 1021
The financial statements have been prepared to give a 'lrue and fairf view and have
therefore necessarily departed from the extant Charities IAccounls and Reports)
Regulations 2008 only to the extent required to provide a 'lrue and fair. view. This departu
has involved following the Statement of Recommended Practice." Accounting and Reporting
by Charities applicable lo charib.es preparing their financial statements in acttordan￿ with
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
isgued on 16 July 2014 rather than the Statement of Re¢omfnended Practice.. Accounting
and Reporting by Charities effective from 1 April 2005, whi¢h has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the
Charity. Monetary amounts are rounded to the nearest £.
b) Income
Donations
Donations are credited in the year in whi¢h they are received.
Investment income
Income from investsnenls is credited in the year in which it is received.
Interest recelvable
Interest is credited in the year in which it is received.
c) Expenditure
Grants
Grants are accounted for in the year to which they relate.
Other costs
All other costs are accounted for on an accruals basis.

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Notes to the Finan¢lal Statements for the Year Ended 30 June 2024
{continuedl
dl Fund accounting
The fvnds held by the charity are..
UnrestriTeted funds
Unrestricted fvnds are those funds that are spent in accordance with the charitable objects at
the discrets'on of the Iruslees. Part of these funds can be designated to be used for a particular
purpose in the future.
Restricted tunds
Restricted funds are those funds that musl be spent on a specific purpose.
el Investrnents
Fixed asset investments are valued at market value, net of management fees, al 30 June
2024. Current asset investsments are to be used by the chanty on a continuing basi5.
Unrealised gains and losses on investments
Unrealised gains and losses are accounted for on ￿valUation of investments at
the balance sheet date.
Income from Donations and Legacies
Restricted Unrestricted
Funds
Funds
Restrl¢ted Unrestricted
Funds
Funds
2024
2023
Charitable
donations
Total
32,085 32,085
37,999
37.999
Investment Income
Restricted Unrestrlcted
Funds
Funds
2024 Restrlcted Unrestricted
Funds
Funds
2023
Investments
Interest
received
10,137
10,137
9.908
9,908
19
19

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Notes to the FSnanclal Statements for the Year Ended 30 June 2024
Icontinuedl
Allocation of Resources Expended
Management
and
Adrninlstration
Total
2024
Total
2023
Bank charges
Independent Examiners Fees
Investment Manager Fees
65
1,140
65
1.140
102
1,080
No Trustee received any remuneration during the year or reimbursed expenses.
Expendlture on charitable actlvlties - grants payable
2024
2023
Unrestricted funds
Books Beyond Words
Richard House Children's Hospice
Ukraine. Kharkiu School
Rotary Foundation
Inspiring Girls
LrfeLine4Kids
Sheriffs Recorders fund
Noah's Ark Children's Hospice
Stationers Foundation - Shine Medial School Awards
Shelter Box
Parkinson's UK
All Saints Church Blackheath
London Air Ambulance
Be Kind Movement
Ladakh India {Eye Hospital)
Livery School Link
The London Communty Foundation
600
2,500
2.500
2,500
500
8.500
1,000
8.500
1,000
1,000
1,000
2,000
1.000
500
2,000
1,700
1.000
1,000
6,800
33.000
Total grants payable
10

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Notes to the Flnancial Statements for the Year Ended 30 June 2024
(continued)
Investments
2024
2023
Market value at 1 July 2023
Additions
Disposals
Net gain on disposal
Unrealised gains l {losses)
339,008 336,681
42,706
27,262
(39,5271 112,2241
2,410
6.116
24760
At 30 June 2024
Historical cost as at 30 June 2024
2024
2023
Listed investments
Other non-listed investments
249,915 235,474
Credltor9: amounts falling due within one year
2024
2023
Accruals and deferred inGome
Unreslricted Funds
Analysis of unrestricted funds- current year
Balan¢¢
Incoming Resources
at Resources
Expgnded
1 July
2023
GainlLoss
on
Investment
Revaluatlon
IDisposals
Balance
At
30 June
2024
General fund
Analysis of unreslrlcted funds- prlor year
Balance at Incomlng Resour¢es
1 July 2022 Resource
Expended
GainlLoss
on
Investment
Revaluallon
IDl8posals
Balancg
At
30 June
2023
General fund
11

THE CHARITY TRUST OF THE ROTARY CLUB OF LONDON
Notes to the Flnanclal Statements for the Year Ended 30 June 2024
(continued}
Restrlcted Funds
Analysis of reStrI￿ed funds- current year
Balance at
Incoming Resources
Deficlt on
l July 2023 Resources
Expended Investment
Revaluation
IDisposals
Balan¢9
At
30 June
2024
Analysis of restrlcted funds- prior year
Balance at
Incomlng Resources
Deficit on
1 July 2022 Resources
Expended Investment
Revaluation
IDispo8als
Balance
At
30 June
2023
Restricted funds related lo donations received to be granted to charitable causes in Ukraine.
10.
A Tralysis of Net A88ets among Fund8
Restricted Unrestricted
Funds
Funds
2024 Restricted Unrestrictsd
Funds
Funds
2023
Fund balan
are rep￿sented by..
Investments
Net current assets
369,357 369,357
30.776 30.776
339,008 339.008
11.
Related parties
A grant was made to the Rotary Foundation during the prior year of £2.500. No such grant was
made in the current year.
12