Charity regiatTation numbeT 27950D (England and Wales) ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 ROTARY CLUB OF BIRMINGHAM ENDOYVMENT TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru8tee8 r¥lT Paul INood Ir Barry Badham Nlr u cnoudhury Tr.fjr David Payne Mr Robert Lee Charity nurnber {England and Wale•l 279500 Principal addre¥¥ The Old Byre 1 Pvleadow Farm Wolverton Stralftsrd Upon Avon Wav*'ic*$hire CV37 OHG Independent examiner JeTh0rn5 Lumaneri House Bl5¢he Gate Blylhe l.'alley Par Ivesi IAidland¥ 890 8AH ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST CONTENTS Page Trugtee$' report Independent examiner'8 report Slaiemenl of financial acts'vrties Balance sneet Notes lo the financial slaiements 6-12 ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Iru91ee8 pre$enr their annual report and financial siaiements for the year ended 5 April 2025. The financial ststements have been prepared in ace¢rdonce wilh the accounting policies sei oui in note 1 to the finannkil staten)ents ana comply ivitr the trusts governing docurreni, the CnariDe$ Aci 2011. FRS 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland" and i*e Cnaritses SORP ,￿COUntIng and Rcportin9 by Charircs.. Ctalement tsf ftecommen¢Jed Practice applicable tc* charitleB prèp3rirTg their 3ccounte in a-cordanee iwith the Financial Reporting Standard applicable In rhe UK an¢J Republic of Ireland IFRS 1021-. Objectives ond 8ctivitie$ The Trusiees have absolute discretion In applyrng the annual Income of Ihe Trusi for chantable pU￿Ose5. Although Ihe area ol benefit Is i*orl¢thwide, tradiuonally th3riiieg ID the We$1 Klidlands antj those connecred s¥itM Rotary have been favoured. Public benefit The wustee$ have pa￿j 4Jue regard to guidance issued by the Chanty Comrpis$ion in deciding whar actviues the trusi should undeftake. Financial ￿VIeW The Trustees consider tral the performance of the Tru81 i*as 83tisfacrory and In line with its objecbves. Brewin Dolphin Limited. inveslrnenE managers to the Trust, continue(J managing the inYe51rnenl partrolio on a di8¢rettonary basis. At 5 April 2025. the net assets ol Ihe TfU$t $wod ai £ 1.057 141 cornpared ivilh the prev￿U$ year ol £1.093,986. Reserves policy The operaiin9 expenses o.. the TNSI a.'e not significant. and the.'elore. no reserve policy to cover these is needed. The accumulated funds are InvesLe¢ and available to meet the Obl￿ts of the TrJ5r. StructUTe. governance and management The Trust is a registereQ chanty Inumber 27950QI estat*lished under a twsi deed dated 29 November 1979. The trusiee8 who seryed dunng the year and up io the dafr of si9nabJre of the financial statemen15 were". Ivlr Paul Wcod Ir Barry 8adham Ir Stuart Guy Mr Anthony Chof.,ey Mr U Choddhury Ir Dav,.d Payne Ir Robert Lee Resigned 6 January 20251 ,Resianed 6 Januar). 20251 fteciuilment &ppointmeiTrf of trustees The ex-officio Irusteeships re13ting lo the President and the freasurer of The Rorary Club of Birmingham change by annual appoiniment. The fru81 Ma8 a plan In place 10 ideniify and l.ain new Trustees as and Iihen th&/ tiecome al￿are of individuals I￿"1[￿ an interest in its aciivities. or wtten Il Is perceived that a Tw$tee has an additional skill set. to corr,plemenl those held by Me current Trustees. as required. ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 btstement ot Trusiee8' re8pon8ibilrties Chariry legislation requires Tru51ee$ to prepare fin3ncial staiernents for eaeh financial year which give a true and fair vieiv of the Incc)ming resources and application of resources for Ihat peri¢yJ. In preparing the accounis, suitable aecounting polfcies have been adopted and consislenly apDlied lo the begt ol the Trustees, kno%vtedoe and belief. by ralerence to r•asonabl• and prudenr jud9ement$ and estsmate9. Applicable act￿￿n￿n9 8tand3rdg h3ve been followed. The Tru8lee$ are responsible for maintainin9 adequate accounting records. for 8aftguarding the assets ol the Charny fof pieyenung d¥itJ dvlrLlii?y Iidu¢J dnu other irregulanties. The TnJ3lccs are also required to indicate wfiere the financial stslemen13 are prepared other than on the ba$13 that Ihe Charity Is a going coneem. Independant Examinerf8 Report 11 i* th¢ Inlcntion ol the Trustees to reappoint J¢rrom) for the coming year. The tru3tees' report wa5 approved by the BoaT¢y of Twgtees. Mr Paul Wwd Tru$te¢ 16 October 2025 ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST I repofi to the trustees on my examination of the finanoal statements of Rotary Club of Birminghwr Endowment Tw$1 lthe trust) for the year ended 5 April 2025. Respon8ibililie# and ba$l$ of report As the rrustees ol the trust you are responsible for the preparation of the financial statements Sn aceoTdance wsth the requirements of the Chant￿5 Act Za11. I report in respect of my exarnination of the trust's financial staternenr8 carried out under section 145 of the Chanties Aci 2Q11 In carrying out m> examination I have followed the Oirection$ gsven by the Chanty Commisson undef secb'on 14515iibl of the ChariDes Aci 2011. Independent examinerf5 Statemeni Your atienlion 1$ draivn to the fact thar the chafity ha5 prepar•d the financial statements In accordance ivilh the relevant version of the Statement of Recommended Pracbee applicable ￿ chafities prepafjng their financ'.al 8talew.ents In accordance with the Financial Reportino Stsndard applicable in tre UK and Republic of Irelan*Y IFRS 1921 In preference to tre Accouniing and Reponing by Charioes.. Staternenr of ReC0￿Mended Practice issued on I April 2005 which 1$ referred to in the extant regulations but has noiw been '￿ithdra.•￿n. l understand Ehot this has Deen aone In order for Lle financial staiernenis to provide a twe and fair Vie￿ in accordance viilh UK Generally Accepted Attovnlin9 Pracb"ce. I have completed rny exarninalion. I confirm thar no matters have come lo my attent￿n In ¢onnecllon with the exarnination 9iving me cause ro belIe￿e that in any material respect.. 3cco'Jnlin9 records t¥ere not kept in regpeet of the trLJgt 3$ required by 8•r_lieJn l_An dl thp. P.h3riiies Act 2011. the fvnanoal statements do ftot accord 4vith those record8," or the financia! Staterr.en￿ not ￿mplY iwlth the applicable requiremen18 concerning tre foTrn and conient ol financial statements sei oul in the Chantses jAccouniS and Report51 Re9uiaiic*ns 2008 other than ail y requ.'renient Ih3t the financial 31a*rr.enls give a true and fair view. I￿￿1ch ￿ noi a rnatler considered as part of an Independeni examinatDn. o concerns and have come across no Olhei matrefs in connection ivith vie examinarion to i*hich attention Id be dFaW9 In this report ln ortyer to enable a proper UnderS￿n￿lng C>f the financial State￿entS to be reached (A lo/hb. Richard Horioi FCCA cnartereb cert.fied Accountant Je￿0￿¥ Lumaieri House Blythe Gate BIWhe l/a!ley Pèrk Wesl Nlidland8 B90 8AH 16 October 2025 ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR END5D 5 APRIL 2025 Unrestricted Restricted Jnds fund8 3025 Total Unrestricted Restricted funds nds 2Q24 2024 Total 2025 2025 2024 Noteg Income from: Other irading activities InVes￿ents 144 39.761 144 39.761 293 35,549 293 35,549 Totftl income 39,905 39.905 35.842 35,842 Expenditure on: Rai8intJ fL+nd5 Charitable activitses Othef expendrture 7.919 28.713 7,919 28.713 5,452 24,538 28 5,452 24,538 28 11 Total expenditure 36.632 36.632 30,018 30,018 Net 9ain&llossesl on investments 12 140.1181 140.7181 48,803 48,803 Net incomellexpendiiurel and movernent in funds 3,273 140.1181 136.8451 5,324 48,803 Reconciliation of funds., Fund balances è16 Agril 2024 16.056 1,077,930 1,093,966 10.232 1,029,127 1.039.359 Fund balance8 •15 April 2025 19,329 1,037.812 1,057.141 16,056 1.077,930 1,093.986 The statement oi financial acti¥rties indudes all gains and losse$ recognised in the year. All income and expendibjre derive from continuing acts¥ibes. ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST 8ALANCE SHEET AS AT 5 APRIL 2025 2025 2024 Notes Fixed 088ets Invesrments 14 1.010.493 1.058,767 Currenl a$8ets Casn al bank anu In hand 52,648 39.219 Creditorg: amount$ falling due within one year 16,0001 14.(X)O} Net current a¥8et$ 46.648 35,219 Total assets le$$ current liabilities 1,057. 141 1.093,986 The fund¥ of the trust Restricied income fund$ Unre51ricred funds 16 17 1.037.612 19.329 1.077,930 16,056 1.057. 141 1.093,986 The fiTaDciai statement8 were approved by Lye Iru$tee8 r>n 16 October 2025 Ir Paul I'v￿d Trustee ROTARY CLUB OF BIRMINGHAM ENDOWMENT TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accounting policie* Charoty inlormatio Rotsry. Cluts ol Birmingham Endowrnent Trus1 is an endovmient th18t established by The Rotary Club ol Birmin9ham under a trust deeil ijaied 29 November 1979 to generate Income in order lo assist ehanties and uther good cau3es. 1.1 Basts of preparation The financial statements have been prepared in a¢cordar*ce wrth Ihe trust8 governing docurnent. the Charities Aet 2011, FRS 102 'The Financial Reporbng Standard applicable in tre UK and Republic of Ireland" and the Charitres SORP "Accounting and Reporti￿ by Chanlies. Staternent ol Recomrnended Practice applicable io charities pre?arino their account8 in accordance wrth the Financial Reoorting Standard aDolicable in the UK and Republic of Ireland IFRS 1021.. The trust 18 a Public Benefit Entity as defined by FRS 102. The trust has tsken advantage of the provislan8 in the SORP for chariiie8 not to prepare a ¥talerneni of flow8. The finèTrial statements have departed from the Charites (Accounts and Report51 Regulab"ons 2008 only 10 the ¢xl¢nt r¢quifed to piovide a true an