Company registratlon number 01638962 (England and Wales) Charity re9lstratlon number 285368 (England and Wales) THE RIX-THOMPSON-ROTHENBERG FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE RIX-THOMPSON-ROTHENBERG FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Board Of Governors Jonathan Rix - Chaim)an Barrie Davis Svzanne Marriott Andy Minnion MBE Bob Rothenbgrg MBE - Treasurer Rory Kinnear Jan Tregelles Slmon Fox Charity numbar 285368 Company number 01638962 Principal address 7 Luna Place Dundee Technology Park Dundee DD2 1TP R•gl$ter¢d offl¢e clo Blick Rothenberg Ltd. 16 Great Queen Street Covent Gard8n London WC2B SAH Independent 8xamlner Murray Dalgoty For and behalf of BK Plus 144 Nethergate Dundee DD14EB DD14EB Bankers CAF Bank Ltd Kings Hill West Malllng Kent ME194JQ Investment advisors Rathbone Investment Management Limited Port of Liverpool Building Pier Head Liverpool L3 1NW
THE RIX-THOMPSON-ROTHENBERG FOUNDATION CONTENTS Page Board Of Governors report Independent examinels report ststemenl of financlal activities Balance sheet Statement of cash flows Notes to th8 financial statemgnts 8-16
THE RIX-THOMPSON-ROTHENBERG FOUNDATION BOARD OF GOVERNORS REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The governors of the company, who are trustees and directorg for the purposes of charity lar, present their report and financial slalomenls for the year ended 31 December 2025. This is a directors. report required by s417 of Companies 2008 and all the governors aTe directors. The accounts have been prepared in accordance with the accounting policies sel out in note 1 to the accounts and comply wfth the Foundation's Memorandum and Artides of Association, the Companies Act 2006 and "AccounliTrg and Reporting by Ch8rilies'. Ststement of Recommended Practice" applicabltr to charities preparing their accounts in accordan with tho Flnancial Reporting Standard applicable in Ihe UK and Rèpublic of Ireland IFRS 1021. Obj8ctlv•s and a¢tlvltles The Foundabon is dgdicated to supporting projects which focus upon the soaal lives of people with learning disabilities, particularly those involving the arts and 8nhancing soclal Inler8Ctlon. We also seek to support those which encourage in¢lusive practice. Such prolects will involve a range of partlclpanls from beyon(S a single typo of instltutlon or organisation andlor will seek lo develop new ways of working to include new. diverse aLJdien¢es. It makes grants to a variety of organlsalions which aim lo benefit people with a168ming disabilty and their carers. The Board of Governors make grant making and pollcy decisions and confirm Ihat they have referred lo the guidance Contsined in the Charity Commission's general guidance on public benefit when revlewillg the TTusf5 aims and obleclives and in planning for the futu and in setting the grant making policy for the year. Grant Applicatlons The Foundation considers grant appll¢alions at kn meetings ea¢h year, Sn June and December. Grants are awarded to registered charitlès or voluntsry Organisations that work with or support people with learning {Intellectuall disabilities and their families. Individual grants are considered, on occasion. Applications for specrfic leaming difficulties are not supported. All appli¢anls must complete an application form and provide copy of their latest audlled a¢counls. In the first instance tho applicant should discuss the proposed work elther by telephone, email oi letter to the administrator, a minimum of 4 months in advance of a board meeting. Contsct details ar8.. The Administsator, RTR Foundation. 7 Luna Place, Dundee Technology Park, Dundee, DD2 1TP Emall.. rtrfoundation@gmail.com Applications received without going through this process will not be acknowledged or considered. Relatlonships The Foundation maintalns a elosè relationship with the Bally Thomas Charitable Fund whlch gives it substantial don81ions towards the annual granl-makin9 activlty. A¢hlevements and rf0m1ance During Ihg year the Foundation made 33 {2024.' 31} grants for the public benefit totslling £139,194 12024.. £124.1451 listod in note 7 of the financial statements. and all were made in accordance with the Foundation's conslilulion. In the year the Foundation received grants and donations totalllng £73.980 {2024.' £73,000}.
THE RIX-THOMPSON-ROTHENBERG FOUNDATION BOARD OF GOVERNORS REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Flnanclal reviaw The net movement in funds for the year amounted to £140,706 12024.. £47,838). Al 31 December 2025 the Foundation had nel assets of £1.802.759 {2024'. £1,662,053). The Board of Governors engages r8gularly ¥Mth Ils investment advisors to ensure that, in the Ilghl of current economic Conditions and investmgnt returns, the correct balance beb88n income and Capital growth 18 maintaingd. The principal funding sour¢os of the Foundation ara Income received from its Investmant portfolio, and donations r8ceived from ¢harilable organisations and Individuals. Invostment poll¢y reservos The Foundation's assets are invested in accordance with the powals available to the govemors as sat out in the memorandum and articles of association. There are no restrictions on the Foundation's power lo inv8st and the investment strategy is agreed between thè governors and the investment advisors and is rtrgularfy revbewed. The governors arg seeking to secure a good income return whilst aimlng lo grow the combined capllal and income above the rate of inflation over the longer term. The current investment strategy which has begn agreed by the investment advisor and the governors, is for the funds avallable for investment lo be invested across a range of asset classes with a view lo achieving a lower level of volatility than the aquity market. The porttolio Is classified as medium risk and as such will have an exposure to gquity risk assets of around 80Yo with the balance invested in lowor volatility fixed interest investments and other 'diversifying" assets which have a low rrelatiOn to equilies. The exposure lo less volatile assets wthin the portfolio helps to mitigate the risk of withdrawing capital lo supplement grants at limes of equity market weakness. The market value of the investments held al 31 December 2024 was £1,747,619 {2024: £1,647.2031. As al 31 December 2025 the investment portfolio was revaluod which generated unrgalised gains of £200,783{2024 £91,880). The governors are mindful of the necessity to maintain reserves al a level which enables them lo mako grants principally from income although a limited amount of ¢apilal will bfj used lo supplement the total grants made. In the light of this policy on ieserves the financial risk lo which the Foundation is exposed arises from the fluctuations in the value of inveslrnenls as a result of movement in the stock market. The portfolio is kept under review by the governors al their meetings. The govemors examino the major risks that the Foundation faces every financial year and have developed systems to monitor and Control these risks lo mitigate any impact they may have on the Foundation in the future. Plans for the futuro The governors intend to continue making grants lo charitable institutions for the public benefit specifically those operating in the field of benefiting people with 8 learning disability and their carers. 11 is intendod that future donations will be mad& from the annual Income of the Foundation. Structure. governan¢e and management The Foundation is a company limited by guarantee governed by ils Memorandum and Artlcles ofAssocialion dated 25th March 1982. 11 is registergd as a charity wsth the Charrty Commission. The Board of Governors, who are also the dlrectors for the purpos8 of company law, and who served durfng the year w8re'. Jonathan Rix- Chairman Barrie Davis Suzanne Marriott Andy Minnion MBE Bob Rothenberg MBE- Treasurer Rory Kinn8ar Jan Tregelles Simon Fox
THE RIX-THOMPSON.ROTHENBERG FOUNDATION BOARD OF GOVERNORS REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The Foundation Board has the power to appoint new 9ov8mors. The governors in office wgre either appointed under the memorandum and articles of association dated 25th March 1982 or were appointed by the Foundation Board. Vacancios are filled by nomination and elected by a simple majority. The current governors are responsible for the induction of any new govemors which involves awareness of a governor's responsibilities, the goveming document, admlnistralive procedures and the history of the Foundation. A new governor would receive copies of the prevlous yearfs annual report and accounts. The Foundation maintained a part-lime secretary who assists with the vetting of grant applications, book-keeping and other administrative matters on a self employed basis. Statement ol Board of Gov•rnors responsibilitie$ The Board of Govemors, who ar8 also the directors of The Rix-Thompson-Rothenberg Foundation for th8 purpose of company law, are responslblè ftsr preparing the Board Of Governors Report and thg flnancial statements in 8¢¢ordance with applicable law angj United Kingdom Accounting Standards (United Kingdom Generally Accopted Accounbng Practi¢el. Company Law requires the Board of Govemors to prepare financial statements for each financial ygar which give a true and fair view of the stsle of affairs of the Foundation and of the incoming resources and application of resources. including the income and expenditure. of the charhable company for that year. In preparing these finandal stslements. tho Board of Govemors are required to.. select suitable accounting pollcies and then apply Ihem ¢onsistenUy-. observe th8 methods and princtples in the Chartlies SORP.. make judgements and estimates that are reasonable and prudont., stale whelh6r applicable UK Accounting Standards have been followed. subject to any malarial departures disclosed and explained in the financial slalements.. and prepare tho financial slalements on the going concern basis unless il is inapproprfate to presume that the Foundation will ¢onlinue in operation. The Board of Governors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Foundation and enable them lo ensure that the financial statements ¢x)mply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board of Board of Governors Jonathan Rix- Chaimian Governor Bob Rothenborg MBE- Tr•ayurer Governor 424 20
THE RIX-THOMPSON-ROTHENBERG FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF GOVERNORS OF THE RIX-THOMPSON-ROTHENBERG FOUNDATION I report to the Board of Govemors on my examination of the financ6al ststements of The Rix-Thompson-Rolhenberg Foundation Ilhe Foundation} for the year ended 31 December 2025. Respon$lbilities and ba$ls of report As the Board of Govemors of the Foundation {and also ils directors for the purposes of company lawl, you are responsible for the preparation of the financial ststements in accordance with the reqLtiremenls of the Companies Act 2006. Having satisfied myself that the financial ststemenls of the Foundation are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independgnt examination, I report in respect of my examination of the Foundation's financial slalemenls carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the DiTeclions 9iven by the Charity Commission under section 14515llbl of the Charities Act2011. Indap&ndent examlner's statement I have completed my frxamlnalion. I confim) that no matters have come to my att8ntion In connection wllh the examinatlon giving me cause to believe that in any material respect.. accounting records were not kept in r8specl of the Foundatlon as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records: or tho financial statemonts do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the finarlcial statements give a true and fair view, which is not a matter considered as part of an independent examination,. or the financi81 Stslements have not been prepared in ac¢ord8nce with the methods and principles of the Slalement of Recommended Practice for accounting and reporting by Charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021. I have no cOnrnS and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the financial slalements to be reached. Murray algety For and behalf of BK Plus 144 Nelhergale Dundee DD1 4EB Dale.. IA.
THE RIX-THOMPSON-ROTHENBERG FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES IINCLVDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025 Unrastrlct•d Re5trlcted funds funds 2025 2025 Total Unrestricted Rgstrl¢tsd funds fund$ 2024 2024 Total 2025 2024 Notes Incomo from: Donations and legacies Invoslmenls 3,980 36,522 70.000 73,980 36,522 3.000 40.961 70,000 73.000 40.961 Total Income 40,502 70,000 110.502 43.961 70.000 113,961 Expenditure on: Raising fund5 Char¢lable aclivitles 12.487 84.241 12.487 154,241 12,014 73,948 12,014 143,948 70,000 70.000 Total exp•ndlture 96.728 70,000 166,728 85,962 70.000 155,962 Nel gains on investments 12 196.932 196.932 89,839 89.839 Net Income and movement In funds 140.706 140,706 47.838 47.838 Reconcillatlon of funds: Fund balances at 1 January 2025 1.662,053 1,662.053 1,614,215 1,614,215 Fund balanc8$ at 31 D8¢embeT 2025 1,e02,759 1,802,759 1,662,053 1,662,053 The ststement of financial activltSes includes all galns and losses recognlsed in the year. All Income and expendSlure derive from confjnuing activiti8s.
THE RIX-THOMPSON-ROTHENBERG FOUNDATION BALANCE SHEET ASAT 31 DECEMBER 2025 2025 2024 Notes Flxed assots Investménts f 4 1,747,619 1.647.203 Curr•nt assets Debtors Cash al bank and in hand 15 35,000 52,436 136.461 136,461 87,436 Credltors: amounts falllng due wlthln ono year 16 (81,3211 172,586} Net current assets 55,140 14,850 Total assots less current liabilities 1.802,759 1,662,053 Tho funds of the Foundatlon Unrestricted funds 17 1,802,759 1.662.053 1,802,759 1.662,053 The company is entr(1gd to the exgmpllon from the audit requirement contalned in s8Ction 477 of the Companies Act 2006, for the year ended 31 Dec8mber 2025. Thg dlrectors acknowledge thglr responsibilitfes for complying with the quIrament8 of tho Companies Act 2006 with respect lo accounting records and the preparation of financial stataments. Thg n)embers have not required the company lo obtain an audit i)f ks financial statements for the year in question in accordance with section 476. These financial statamgnts have been pr8par8d In accordance with the provisions appllcable lo companies subject to the small companies regime. The financlal statements were approved by the Board ofGovemors on ................. ?2 Jonathan Rix- Chairman Gov•rnor Bob Rolhenbgrg MBE - Treasurer Govomor
THE RIX-THOMPSON-ROTHENBERG FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash flows from op•ratlng actlvltles Cash absorbed by operations 19 149,0131 1126.561) Investing activities Purchase of investments Proceeds on disposal of investments Income from listed investments 1415,9461 512,462 36,522 {100,055) 129.980 40,961 Net cash g8n8ratsd from investing activities 133,038 70,886 Net cash used In flnancing activitios Not In¢reaselldecreaso1 In cash and ¢ash oqulvalents 84,025 155.6751 Cash and cash equDialenls al beginning of year 52.436 108,111 Cash and cash oqulvalent$ at end of yoar 136,461 52,436
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ountlng policias Company Informatlon The Rix-Thompson-Rothenberg Foundation is a private company limitèd by guarantee incorporated in England and Wales. The registered office is clo Blick Rolhenberg Ltd., 16 Great Queen Street, Covent Garden. London, WC28 SAH. 1.1 AGcountlng conventlon The accounts have been prepared under the historical cost convention. The financi81 slalemenls have departed from the Charities (Accounts and Reportsl Regulations 2008 only to the extent roquired lo provide a true and fair view. This departure has involved following the Slatemont of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is rgferred to in the Regulations bul which has since been withdrawn. The financial slalemenls are prepared in sterling. which is the functional currency of the Foundation. Monetsry amounts in these financial ststemenls are rounded to the nearest £. The financial slalements have been prepared under the historical cost convention, Imodified lo include the revaluation of freehold properties and to include investment properties 8nd rtain financial instruments al fair valuel. The principal accounting policies adopted are sel out below. 1.2 Golng ¢oncgrn Al the lime of approving the financial statements, the Board of Governors have a Mson8ble expectsllon that the Foundation has adequate resources lo conlinLJ8 In operational exislencg for the forgseeable future. Thus the Board of Governors continue to adopt the going concem basis of accounting in preparing tho financial statem8nts. 1.3 Charitabl¢ fiinds Unrestricted funds are available for use at the discretion of the Board of Govemors in furtherance of their charitable objectives unless the funds have been designatod for other purposes. Those funds are for the benefit of providing grants to organisalions and to provide small grants for individuals with learning disabilities. Reslrfcted funds are made up of donations recelved from the Bally Thomas Charitablo Fund which are then used for the funding of special projects. Restricted funds are subject to specrfic condltlons by donors as to how thoy may bo usod. The purposes and uses of the restricted funds are set out in the notes to the financial slalèmenls. 1.4 Incoming r8sour¢es Income is recognised when the Foundation is1ggally enti118d to il after any perfoTmance conditions have beon mel, the amounts can be measured reliably, and it is probable that incom& will be received. Cash donations are recognlsed on rgcelpt. Olhor donations ar8 recognised once the Foundation has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is r8cognised al the time of the donation. Legacies are recognised on receipt or otherwise if the Foundation has been notified of an impending dislribulion. tho amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Re3our¢•s expended Expenditure is accounted for on an accruals basis. Govornance costs are those incurred in connection with the administration of the Foundation and complianc8 with constitutional and slalLrtory requirements. Resources expended include attributable value added tax which cannot be recovered.
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng poll¢l¢s {Contlnued) 1.6 Cash and ush equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-tem liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabililies. 1.7 Financial instrumgnt$ The Foundation has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments. and Section 12 'Olher Financial InstrLÈrnenls Issues. of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the Foundation's balance shget when the Foundation becomes paty tr) the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net avnounts presented in the financial statements, when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the Ilabllily simultaneously. 8asl¢ flnanclalassots Basic financial assets. which InclLtde dèbloTS and cash and bank balances, aro initially measured at tr8ns8¢1ion price including transactlon costs and are subsaqu8nlly carrled al amortised cost using the effective interest method unless the aryangement conslitules a financing transaction, where th& trans8¢tion is measured al the present value of the future receipts discounted al a rnarket rale of inler9St. Financlal assets classthed as receivable wSlhln one year are not amortisod. Baslc Ilnan¢lal Ilabllllles Basic financial liabllllies, including creditors and bank loans are initially recognlsed al transaction price unless the arrangement conslilules a financing transaction, where the debt instrument is measured al the presont value of Ihg future payments discounted al a market rate of inlergst. Flnancial liabilities classrf18d as payable within one year are not amortisgd. Debt inslrnments are subsequgnlly carried at amortised cost, using the effective interest rale method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordlnary course of operations from suppliers. Amounts payable are classified as cunI liabilities if paym&nt is due within one year or less. If not, they are presentod as non-CUenI liabilits'es. Trade creditors are recognisod Initially al transaction price and subsequently measured at amortised cost using tho effective interest method. Derecognltlon offinancial IITabllltles Financial liabilities are derecognised when the Foundation's contractual obligations explre or are discharged or Canlled. 1.8 Taxatlon The Foundation is a charity within thg meaning of section 506 111 of the Taxes Act 1988. Accordingly the Foundation is potentially exempt from taxation in respect of income or capital gains ¥e¢fjiv8d within categories covered by Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied to exclusively charitable purposes. The finan¢ial statements havg been preparo(l under the historical cost conventlon. The principal accounting F4)lici&s adopted are sèt out below.
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Critical accounting ostimato$ and judgemgnts In the application of the Foundation's accounting Policies, the Board of Governors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. Th& eslimales and associated assumptions are based on historical experience and other factors that are considered to be relevant. A¢lual results may differ from these estimates. The estimates and underlying assurnplions aro reviewed on an ongoing basis. Revisions lo accounting ests'mates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. Donatlons and 1ogaclg$ Unr8strl¢ted Restrl¢ted funds funds general Total 2025 T¢tal 2024 Donations and gifts 3,980 70,000 73,980 73,000 Donations and gifts Bally Thomas Charitable Fund KKL Charlty Andor Charitsble Trust Small donation 70.000 70,000 3,000 70,000 3,000 3.000 980 980 3,980 70,000 73,980 73.000 Investm8nts 2025 2024 Income from listed investments Interest receivable 35,755 767 40.370 591 36,522 40,961 Ralslng funds 2025 2024 Investment mana emenl 12.487 12,014 12.487 12,014 10-
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Charltsblo actlvities Total 2024 Grant ftjnding of activities (see note 71 Share of governance costs Isee note 81 139,194 15,047 124.145 19,803 154.241 143.948 11
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants payablo Charflable actlvities 2024 Grants lo inslilulions.. Blyth Riverside Amenity Fund Artbox London Breathe for Action Comerslone Open Theatre {Coventry} Act forAclion Nickel Support Half Moon Theatr8 Sgnd a Welcome Newry Cty AFC Special Olymplc Club Royal National Theatre Oily Cart (London} Drake Music Nl University of Greenwich Music for Lifa Easfjeigh YoLrth & Communlty Trust Artlink Hull Bubble Club Attenborough Arts Centre DS Cheshire Entfrlechy Arts ET Opera IShefi8ldl Go Live Theatre ILondonl Leeds Song Redcatch Community Garden Rix Inclusive Research Insilule shado1ght Artists Shebang Inclusive Learning WAVE London Mahaba Café CIC Amonico Willshire Music Rix In¢lusive Research Institute 2024 Grants {31 grants} 2,000 5,000 6,565 1.000 4.000 5.242 3,500 6,000 S,10 4.000 3,500 e,500 7.000 1,286 6.000 2.451 3.650 3,500 5,000 4,000 4,000 4.000 1.50D 2.500 5,000 4.000 4.500 5,000 5,500 5,000 5,000 5.000 3,000 124,145 139.194 124,145 139,194 124,145 12-
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support costs Support Governan¢• costs ¢o$t$ 2025 2024 Admlnlstralion Costs Independent examineffs fees General èxpenses Insurance 9.620 4.255 450 722 9,620 4,255 450 722 9.139 4,146 5,978 540 15.047 15,047 19,803 Analysed btheen Charllable aclivitios 15,047 15.047 19,803 Net movgment in funds 2025 2024 The nel movement in funds is slated after chargingllcrediling).. Fees payable lo the Chari5 independent examlner.. - for other financial services 1,530 1,506 10 Board Of Govarnors None of the Govemors received any remuneration from the Foundation during this year or the previous year. Travel and subsistence expens88 lotalling £128 (2024.. £43} were reimbursed lo the govemors during the year. Suzanne Marriott is a trustee of the Bally Thomas Charitable Fund which made donations to the Foundation in the year of £70,00012024'. £70,000} During the year there were no granls received or paid to any othèr related parties. 11 Employees Rix-Thompson-Rothenberg Foundation does not have any dirgd employees. Administration costs contain expenses relating to the self employ8d secretary, The Foundation reimbursod travel and subsistence expenses lo her during the year of £290 {2024..£3311. 13-
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 12 Not gainslllossesl on Invostments Unrestricted funds genoral 2025 Totsl 2024 Revaluation of invoslments Gainlllossl on sale of invostmenls 200,783 13,8511 91.880 12,0411 196,932 89.839 13 Taxation The charity is exempt from tsx on income and gains falling within section 505 of the Taxgs Act 1988 or sgclion 252 of the Taxation of Chargtsable Gains Act 1992 to the extent that these are applied lo ils charitable objects. 14 Flxed asset investments Llsted investments Cost or valuatlon Al 31 December 2024 Additions Valuation changes DispN)sals 1,647,203 415,946 200,783 {516,3131 Al 31 December 2025 1,747,619 Carrylng amount At 31 December 2025 1,747.619 At 31 December 2024 1.647,203 15 Dobtors 2025 2024 Amounts falllng duè within ono year: Other dobtor8 35.000 14-
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Crodltors- amounts falllng du• within one year 2025 2024 Other credlto 81,321 72,586 17 Unr8strl¢tsd funds The unrestricted funds of the charity comprfse the unexpended balances of donations and grants which are not subject lo specific ¢ondSllons by donors and grantors as lo how they may be used. These include deslgn8ted funds which have been sel asid8 out of unreslrlcted funds by the Iruslees for specific PLJrposes. At 1 January 2025 Incomlng Resources rosou•S èxpended Galn$ and lo$s•$ At31 December 2025 Ganeral ftjnds 1,662,053 40,502 {96.728) 196,932 1,802.759 Prevlous year: At 1 January 2024 Incoming rèsources Rgsour¢•$ oxpended Galns and Iossgs At31 December 2024 General funds 1,614.215 43,961 (85,962) 89,839 1.662,053 18 Related party transaction$ Remuneratlon of key management personnel None of the Governors received any remungfalion from the Foundafjon during this year or the previous year. Transactlon$ wlth related partles During the year the Foundation entored into the following transactions with relat8d parties= Donatlons Recelvod 2025 2024 Other related parties 70,000 70.000 70,000 70.000 Suzanne Marriott who is a is a truslge of the Rix-Thompson-Rolhenberg Foundation is also a trustee of the Bally Thomas Charitable Fund which made donations to the Foundation in the year of £70,000 12024.. £70,000). During the year there were no grants received or pald to any other rolaled parties. No guarantees have been giv8n or reived. 15-
THE RIX-THOMPSON-ROTHENBERG FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 19 Cash generatgd from operations 2025 2024 Surplus for the year 140,706 47,838 Adjuslmenls for.. Investment income recognised in profll or loss Loss on disposal of invgstmenls Fair value gains and losses on Inveslm&nts 136,5221 3,851 12tIO,7831 {40,961} 2.041 191,8801 Movements In working Capital.. De¢reasel{incrèasel in debtors Increaselldecreasel in creditors 35.000 8.735 {35.0001 18.5991 Cash absorbèd by oporations 149,0131 1126,5611 16-