FEGISTERED CCthIPAKY NUMBER.. 02243673 (England W81e51 REGISTERED CHARITY NUMBER.. 328452 24
arch and Edu Rotherham tlo Cont•nts of the Financial Stal•m•r•ts 20 Report of th• Truste88 1 to 3 Rwrt ofthè Indwdent Audilo 4 to 5 Stattof Fincl81 Actiwtle5 Bar¢• Sheet Notes to ts FIn Slat 8 to 14
Bardhan Research and Educatlon Rotherham 8 Trust For The Year Ended 31 March 2024 The iruslees who a 81so direclors of the rarity for the pUrF0S of Ihe CompanEs Act 2(X6. present their rt the financk?I slatenEnts of the charity fDI year end 31 March 2024. The trustees have thpt ts provtsDr6 of AcD)untirvJ and RertiJ by Chatibes.. sialerrtnl of Recommended PraGlice appIab to thariE5 prepanrMJ thew ancI wlh the Fina]ej RepytiThJ Standard appIatrAe in the UK and RePUtA ol Ireland IFRS 102llefftl¥@ 1 JUary 2019}. OBJECnVES AND ACTIVITIES obltIveS 8nd aims The charity's purpose, as sel out in the obpds tal[l in the c(ffipanls MerTryarylum of A55oQati. is the furtheran of medical Scien in the fieki of G8strIEnlerobJy. To further its ams the actmtses of th& 0panY have 0)n1Ued lo relate to &lrr¥nLgtr8tion of funds genefatejj by Prof. Kama Oev Bardhan O.B.E fynds generat&1 from invesbThnts, and the use ol ltrw funds tr) bjnd Med and Sntth¢ research kKoiects and lo pay grants to fiJnd rnedical research in therId of Gastroenterobjy. There have tEen no rnaterial changes in kK)I9 the last reFKMi OetaiLs ofthe main actimtss un¢rtaken in relation tothe chS purp%e are Irri kn Wthertstall kn A¢Wents Perf0tTllan bdyw. The Iwst have referrd lo guidarTh ajntaind n the Charry Commwis general gUjar on Publ b9n8frt vthen rewewlng awr6 and objectives and in planning fubJre &'V1he$. ACHIEVEMENT AND PERFMNCE Chgrllable llvllios ReSreh Projects BRET lids WI¥[$ d fil1dl1dl bbiiiuluiTr lu Di lain Croall lo supwrt grOuTrjbrea# research in the Gul 8ffi axis and potentia Influ of in dementia. BRET funded the Sheffield Gl Symp(6ium lch is now the large51 UK Gul of Ihg. Briti4h Df GaStrteroY Annua Meeb'ro. The nting is entirety free lo elldd h&s rTr)re than 350 debJates. FINANCIAL REVIEW Investment powers The companls investmenl pmrs &e sel wt in ts Menv)Mdum crf Awiation. Th8s8 tho coryany to in¥1 not imr5¥tety required such inveslrnents as may be Ihwhl fit gjbiecl b) ccfiJrfiJns as rnay be impjsed or by law. The WTnpanl5 InVtrents are managed by Rathbone InvestmenlMan8JellpnL Reserves poli¢y The Iruslees 3cknThdge IIE hth levd of resetves. The Itustees that Ihe Tren1 Iwd of reser ks jUstifEd in (Kder lo rneel the tharitys ants'cipaled futLKe cMMrtM8nts. The finanrjal resutts for the year Je loul in the slatemenlof finanal a'e5. FUTURE PLANS The vision for BRET.. South Yotshire GaStrcentebjY conknnu& ) L a gbbal centre of excellen, prDJuc4r#J huh qualty re£earth and delivering ¥upefwJr clin81 outGorres in the CmUn. The irfiuerKe of BRET has alre resuked in a sustsined Natk?ft81 and International research platfom? for G&strnIer0gY in Soulh Yoth£hire. Thi8 ljpe of plaffrm attraGts and Iwlds hpJh calibre Consultants, who in turn ha¥t the lenb'al lo generate hJh qualty ak)ThJshle servre delNery. Futhertwre, there i5 a signian1 Eody of evKlence to SU9gesl that 5u¢h research initiabves direcuy ifflpact VY on cIffi outcomes Ici patients and surrouTrJiTWJ (Dcmniro A el a Gut 201n. 8RET whe$ to wtinue and build upon thl?3¥Y by... SponsoriNJ Fellow$hi- Using funds losupp)rl MD orPhD StY. Freeing up consuttanllirne for research- By creating researth d&licaled NHS consum sessiNts. Spwsoring GonlerenGes and Gom[nvnrt ol practice- e.g. H05tiry The StelLI Gl synt)sium. Further investrnenl with the Unive ofSheffiebJ to pP pnme aCadern appoinknenl& BRET wll flnd the annual Sheffield Gl SynwKJm whKh k7rgesl UK Gut mtmg outside of the Brthsh S(Kiety ol G&stroenterdogy Annual Meeb'tu. BR vrill also SUPFK)W researth sessK)ns for awnted researc Gl Qwsutsnts al Sheffidd T&•ing Hc6Pta ISTHI. In addthc)n, an acadefflic apwntrnenl may require bsn8l fijnding. STH are wuiriTrJ novel Gul ultrasowtrj tthndcgy will reouire a Gl Consultsnl to learn this lechnKiue. Again 8RET WVJ fk funditYJ thi4 deveknwl and this will a UK first. STRUCTURE, GOVERNANCEAND MANAGEMENT Goveming document The company is tered 85 a rxJrTWWry lThnbJ by guan&, *illKyJl a sh¥e •al. instrurrenl B ts knduM and Artides ol AsSocialn. Page I
eardlwarCfv and.EduoaIloTt Roth•rham Re ort oflheTrustees Year Ended 31 March 2024 STRUCTURE, GOVERNANCE ANO mANAcENT RruItment and appointment of trustees The Iruslees are apponled by metnters of the r&¥ny. Al tral anthud 9enual nekn9 Smny Bardhan and Da¥rid 1#jrn reti by rotatv)n, They will both offerthemsths for Nlectson. Ctganisational structure The company 15 governed by 8 &Jard of Trustee5 whKh is resp6 kn sety the Strateg dIrth of tr* arty, eslablBhirg polw and reIng and approving appIaon5 forgrants. An Exeujtive mrnirfylrak manajes the day lo day aftaits ofthe charity. REFERENCE AND ADlIINISTrATI DETAILS RpJJlslered CoMpY numb 02243673 (Eroland atNJ waS) istereAJ Chwity number 328452 RèJislered office Kingswood Allotts Limited slJ$ Court Lakde Donc&lEY South Yorkshire DN45NU Trust885 L Vernall Dr M MCAllOn S Bardhan D R C[kburn DI L O'TLNA G SPathrnanathan Executive Admlnlslrator E A Green Qbmpany letY E A Green Auditors roswood Allotts Limited, StatuloryAuditor "hartered Accountsnts S1$ Cowt -akeside Jon¢&£ler )oulh Yorkshire JN4 5NU Bk8 o-operative Bank PO Box 250 Dell H<)use Soulhway Skelmersda WN116wr knveslrnenl Advlsers Ralhbone Investment manjeT Port ol Liverwol Building Pr He Liverpcol L3 1NW Page 2
STATEMENT OFTRUSTEE5' RESPONSIBIUIIES Tne iuses twno Je aso Ine al5 ReseJth aiy E(Arayb t cryy lJl aE rwltle fc CY the ryep¥e fn1 fu fiwia a trL .r v sl d aYJrs the ch•rt& cunwy d ir£1rg vtsjrw appkK) d resrAMc4S. lrtknJifvJ the tNpthrè. d bk ¢hrtk ttynwy f C5the WrnF4es In t Charty SOPP Jgnes5, c1)mY io en>lp lo VSU tha e fip.JKia s¢aewJ Curly itr. t Cunymes X(E. Ttr aTe aso restwgble I e trus1 haveten al stec6th¥. b) to male a¥e d rekw avJt ab1105h th Art$ ae a8re cl tha Infc¥m. "l j 1112 J44 ..(.24 frJt Page 3
BwrtAflb.e Inde en ent Aud Bardhan Research and Education Trust of Rotherham Q)Inlon We have audited financial sblements of Bardhan Resewch aml Educats"on Tru51 of Rotherhn Ilhe 'charitable o)rnpanll lor the fftar ended 31 Maith 2024 which o)rnprise the Ststement of Finanaal Actit8. Balance Sheet and notes lo financkql statements, includiro a summary of sunifKanl accounting policr, The financial retothg fralrWk that has been applied in their prq)arats"on app1Kab law and Unrted Kingdcmn Accounbry Standards Iunited dorn Generalty Aepted Act0untY Pr8cb). In our opinKJn the financial slalewnts'. gNie a true and fair l¢W of the slate of the tharitatle companys affairs as at 31 Marth 2Q24 aThJ ol ils incornirg resources and aFplicatn ol resources, including ts income and expenditure, for ItE year then ended., have been wopedy prepared in accordan with United KirYJJ(xn Generalty Apted AcyJ)untir(J Pracire.. and have Wn prepared in accordance wlth Ihe requ¥ernents ofthe QJmpans Act 2(K6. Basls for oplnSon We conducted our audit in aC[danCe Intern8lK)nal SLdards on Audrfmg IUKI IISAS IUKII prIcable law. Our wporsiLllrties under those standards are further descrited in the Auditors. resportsibitties Ihe audfl ol finanaal slatemenls section ol our rep)rt. We are independent ol the charitabÈ company in 8r{jan(l th8 eihical requirements that are rekvanl lo our auclit ol the financial slalem?nts in the UK, in¢ludiw FRCS Ethical Standard, and have fUlfd )ur other ethKal responsibile5 in x¢ordance these qulreents. We belie%e Ihal the audit emdence wee obIad sthnl w)d apwopriate lo prtmie a basts our opinion. Con¢lusion$ relatlng to golng concern In audits'ro the financial statements. we have conclud&J tral Injslees, use of the gOg concwn ba of aLxountitvJ in the preparGtion of the fin8ncial 51aleFnents B appropriate. Based on the wvrk we have perfomRd, we have not 1dertif any rnaterfal unrtainlieS relatirrfJ to events or Cond[15 tha¢ indlvidualty or colledively, may ca91 wgnrfanI doubt on the tharitatle Lyjmpanls abilty lo continue as 8 goiro n(n ol al kasl Nvelve tnthS from vthen the finalial slaltiiithls ale tsulliv kswJE. Our ressKJn&b1l' and the n5lIrtIoS ofthe tNsle85 i1h reyd lo g)nw a in the rev1 tiOnS of this report. Other information The irustees are respOle foi other 1r1cab.0rn. The (thr infmbon Lryrtses the inlmatK)n included in Annual Report, other than the financial ststenknts and our ReFQrt of lh8 IndeFendenl Auditors thereorL Our opInK on the financial slater[ts dces not cover Ihe 0r ir181 and. exw lo extenl olhemise eXpl1Y staled in our report, we do not express any form of 8S$uran o)ndw8ion thern. In connecii)n with our audit ol It fin8ncial ststements. our reskX)nsibilty is lo r&¥J the other 1(MatI)n and, in doing so, cornsKler 'hether the other inlormalion i4 materially inconslstenl wilh the fancial statements or our knOwge obtsined in the audit or othen4ry5E aptwrs lo ie materially mLsslated. If we identsfv such makrial InnSistenC]eS cr appwbl material rnisstalemenls, ¥ are required lo delernine thether this gives rise lo a material rnisslalemenl in the financial slatemenls tsmsee$. 11, baseAI on wort( we have p&rformed, we Conclude that Ihere a rnaterial mstater[nI of this otherinformatKx4 ¥ are wuired lo rertthat18ct WB have nothing t) pOrt in this rg3ard. Matters on whlch we are r&]ulred to report by exception We have nothing to port respect of the fthng matte15 where IIE ChJiti'es (Arrnunts Rerts) Rulati[)nS 2008 requifes us lo rekKrt to you if, in our opinn. the infOrln gNen kn the Rewrt Trustees 15 IrLs1entITr any material reS1th thefiwual Statents,. LY Ihe ¢haritatAe MpanY ha5 rK)I kept adequate axountmg te(xKds.' the financial stalernents are not in a3reemeni wth the rdS and retum& rA we have not received all the InformatKin and explanatK)nswe requi for our aLhJiL Re8ponsibilili6s 01 tru51ees As explained rte fully in t1 Staiernent of Trustees, ReSpsibilit$, t1 trustees are dso the dweLXors of the charitaNe company for the purposes of rxjmpany lawl we re4K)nSIb lor the preparats'cfi of the fin(1 slaternents and frK salBfied that they gNe a true and lair Mew. and for such intemal control as tke trustees detem11 is ne$&r1 lo enaNe ts preparati¢M of fanC slaternents that are f from materi mi55latetnl, whether due lo frwd or error. In prepariTrJ the finJ)cial statements, the injslees are responsiNe asse&s[r L*aiitatle alxlty to LX)ntinue as a going concem, disdosirwJ, & applicable, matters related lo going concern and usiry the gowig conrn basi4 of acLounb'ng unless the Iruslees eithe. intend lo qUate the Charitab company orlo aSe0peratiOns. or have no realistiG allerrotive but lo do so. Page 4
th B rdhan Research and Education Tr Rotherham stof Our responsSbllilles for the audll of tho fin¢181 statements We have been appointed a5 auditors Und K)n 144 Charitw Ad 11 th reFryt li w)rdance vrith Act and rebvanl wulatK)ns made or havTng effeci Ihereuncer. (Jjr obiectives are lo obtain reasonable assuTan¢e abjjt vthether ts financial slalements as a are from malerial misstateTnen1. whether due lo ftaud or error, and lo issue a Rew¥1 of the Independent Auditors th31 indudes (xjf Opinn. Re&rMable assuran FS e higi IBvd of assuran, bul is not a guarantee that an auLII condwled in ac£ordantr ISAS IUK) wll aayS detect a material misstaternenl when il 8xK%ts. Misslalernents can atise from fraud or errcf and a considered maerial rf. individualty or li the aggwate, they C&3 reasonably be eypeded lo influewe the economic deci%n$ of users taken on the b&8is d Ihese financial ststements. The exlenl lo whh our prcttdures are capabk of dcbr¥J irrèJulariles. fraj is det&knY (vI.. Enquiry ol rnanent around and potenb'al lityation and daims fraMI'. Reviewng rninute5 of meel'rrfJs cflhc6e chafged 1th governano.. Revi9 financial Statnent dis¢knsures k) assess pIlan¢tWtth aKO'cth l•$ regulath)ns'. Performing audit work over Ihe risk of man4ement ¢MryKle ol tlntrols. revithvof cashbook transaction5 and other adjustnnts fly appropriateness and eiauatsrrfJ Ihe busirws ratK)naleol sjr¥n1trartsac1KlnS outside the nlymal course ol business. Because ol inhttent lirrilab.ons Jl an there i5 a risk IIHI we ill ml thct all wr83ulanties, induding ttse leJing lo a material MISStstenI in the finanoal ststements or nokae V1h f9jLatn. ThL% rBk 4Kreases the rmre thal,x>mpliance with a law or rlat>n is removed from the events and Iransactv)ns reflect& In the firthcd Ststenn1s. a5 less lik lo become aware of instsnces ol non-complian. The risk is a0 greater [jard1j cxrAJThiThJ due lo fraNi rather th error. a5 fraud inv(Aves intenb.onal corKealmenl, forgery. ccAlusion, 0510n or mi8repre5entslMM. A further description of our responsibilibes the audit ol Ihe fi)aKial stalernenLs is kuted on the Fina)oal Rew)iing CounLllfs bSIte al www.frc.org.uklaudilorsresF()nsibitsb'es. Thi5 d88CriPtw I¢)M pwtof ourRepyt of the lThlwtthlAuditors. Use of our report This report ts made sobly lo the Charitab MpanIS trLEiees, as a bly. in rdan with Part 4 of the Charities IAcwunts and Report51 RgJulaliDns 2008. audit work ha8 been undertaken so t1 we mgm state to IIE thatrtatle (ompanys IrLtslees those matters we are required to slate lo them in an audilorg retort antj for no other puffj$e. To lullesl extent pem)itt&l by law, we do not aept or assume responsibility to anyone other than the c*arilat4e ¢OKrwany Ch c(ffipa)Is trustees as a tojy. audit th. this port orfor the wions we have formed. Kingswood Alk)tts Limited. Staluty Auditor Chartered Accountants Eligible to acl as an audrtor in lerffts of S8clhJn 1212 crftheC¢JnwiesAd 2CQ6 s1[js Court Lakeside Doncaster South Yortshire ON45NU ZL Dale". 2o2Lt Page 5
Rolherharn Statement of Flnancial Acltvities Income ad Ex ejLdjL4 or Tho Yea Ende 31 MarcL202 2024 Total funds 2023 Total funds Unrestricted fund5 Restricted funds INCOME AND ENCQWMENTS FROM t)OnalnS legac 23.538 23.538 60,832 Investment inco 41.784 41,784 36,622 Tol81 65.322 65,322 97,454 EXPENDITIJRE ON Investment management costs 10.415 10,415 10.072 Char11ab18 tIvitIeS Grants payabKg and other exwdiiL¥e 105,684 105.684 18.697 Tolol 116.099 116,099 28,769 N81 gainsllbssesl on VeStsnets 44,652 44,652 1135,9441 NET INCOMEIIEXPENDITURE) 16,1251 16.1251 167.2591 RECONCILIAMON OF FUNDS Total funds brought forward 1.791.4C 1,791,406 1,858,665 TOTAL FUNDS CARRIED FCIiWARD 1.785,281 1.785,281 1,791.406 The noles form part of these tinancial slatemenls Page 6
XQ4 14 1,464J8 13TI. haibJ 420,2 15 .0711 (6,7921 413, 1,785281 1,791, 1.785281 1.791, 17 1,716.137 89.144 FarV¥ 15,645 1.785281 1,791,4L TOTAL FIWK 1,785281 1,791,4C6 LL.- nol5 lorm part ol Ih•s• financial 5tal¢m*nts Pag• 7
Bardhan Research and Education Trust o Rotherham Notes lo the Financlal Statements For The Year Ended 31 March 2024 STA TUTORY INFORMATIC Bafdhan Rese¥ch and Educab'on Twsl B a wivate tharilatde COmy. Illed by guarantee. rejistered in England and Wath. T Ixny8nls rter number and regtstet8J offe adthess w be found Ihe Reix)rt cl the Trustees. The presentslion currerY Oft fin(1 slaterrmts is tr Pourkl s.diry {£1. The carity conslilutes a public beneftentity &s deffined ty FRS102. AGCOUNMNG P(XICIES B&sis of preparing thefin8ncl8lstatwnents The financial statements of the chaiit&4e tompany. whh is a put4K benefit entity under FRS 102. have been preparoj in accordan wth IIK Charities SORP IFRS 1J21 'A(£ounting and ReFxxtirvJ by Chatthes.. Statement of Rec0mrn2ed Ptrce appIab lo charities preparing their accounts in axordan with Fin(>81 Rewrlng star¥Ja app1¢ab in Ilk UK and Republ ol I8nd IFRS 1021 (effective 1 January 20191,. Fin¢ncial Reporb'rg Standard 102 'Ttre Fuwaal ReJing Standard applicable in the UK and Republ ol Ireland and the Companies Ad 2(NA. The fInar1 staterts been prepared under the hi0[11 st cDn¥ents"on. with the exceplK)n ol inlMents which are #)clthJ al k8et value, a5 MCMJfi by the reval1 of certain assets. In¢om8 All income rewnised in the Slatemenl of Financial Acbviks tts ¢arity has enbkmenl lo the knds. it is prcthbÈ Ihal the Ilico wil be re and the can LE tnea5uied [dia. EXpditure Liabilities are rewnrsed as expendikne as scK)n as there a kgal or 0)tVe OblJatln committing the tharily lo that expenditure, it is Pfobable that a transfer of econorn benefils wiu be wired in setVeRwt and #E atnount of 0bl¥Jatr. can be measuod reliably. Expenditure accounted for on an a(JJuals bas6 and has teen sSffied undu headiros Ihal regate all cost related lo the calOry. Where $ts Cannot be direcdy attributed to pth'cular headiros Ihq ha%e teen all(ated lo &tMties on a basis consi8lenl the use of resour. Grants payable are payments made to Ihird palies in t fiJrfherar ol tre tharitatle objedNes ol Ihe Tnjsl. Sirole nr rnutti-year grants are ac¢ounled for when eillEr fv recipnt has a renable expthts' Ihal they ill re the grant and the ttuste8s have agreed lo pay the gwl wrthout conditn. or r1 has a reasonable exttstion that Itty receNe a grant and any t7)NJition attiw to the grant wtswye the control oftr TnJsL Grants offer%J sul4eGt lo condilijns ha Thjt teen at ts ar eThJ date notgj as a bLrt not aCcd as expenditure. Research exp8nditure is charged n Ihe Yearen Ihe exFeryJ((u b5 payal AlloGatlon apportionrnenl ol costs Support costs a apport)nj ¢J) staf I¥[. T&xatlon The charty k8 8xemO from corporatTh lax on ts Charitab Fund UllI1ng Unrestricted fvné5 can bo used in 3rxotdanc wih Ihethth obpJNes at the dwetion otthe trtee$. R&slricted I)d$ Lxn onty used for patti¢ular trted txJrtKJses tyts Lrftt charity. Reslricbons arise when SFecrfvJ by the donor or when hJThJs are rai%ed for partiojlar restricted purtt6es. FurthereXaatIn ol the nabJre aThJ pwp%eofe&h fund inckmkl irn t to the finarrid staterrtnts. Inveslrnents Fixed assel investrnents are Incl in ts fffianryal slaternents al lair Val (cpn markel val) and gr inveslThThl income k8 included on a receivable basis. Realised d unrealised gains and losses C investrnenls red ets are dKlosgJ separly in the ac¢ounls. Any gar6 or bss85 are iaken lo the statement offi)arjaI a(iMia &$ ty aw. Flnan¢id instruments The charrty onty holds bas ffnancial trUments as ¢kfined by FRs12. Tr finarKaal &sets and fma)Ck4 liabililies of the and li measurement bask5 are a51011 Page 8 conlinued...
Rolherham Notes lo the Financial Statements - continued For The Year Ended 31 March 2024 ACCOUNTING PCiICES- contind nancid Snslrumemls Financial assets - trade and cther debiors a fin(> instnThents are nstruments measuray al Jnortsed cost. Prepayments are not financial in5trurMIs. Cash al bank- da&sffied as a finaTroal iwlrurnenl and masurgj at kn vabJe. Financial liat4'1thes - trade ttedrf(45, arU&8 other ueditors we fffian instrunts, and are ne&sur&J al Sed WSL Tw811 and social security are not indvcd in the f(9a1 inStnJnts disc*6ure definition. Defeffed income is nol deerrEd lo te a financial liability, &s tlk cash setuemenl has alrety taken KAa and there is an obINjati to delNer services ra1h than cash or anolher financial InstruffnI. Public benefft en(rfy concessionary S)ans are Inalty rwntsed atTr amount receN& me (rl¥j Val L8 SUDsequenlly jU5ted lo reffecl any tUed mkFest DNTICs AND LE¢ClEs 2024 2023 Donated earCh Income 23,538 60.832 INVESTMENT INCCIIE 24 2023 Income from listed investrnents and nvestmenldepjsils DeFosil Mnl intere51 41.783 36,405 217 41,784 36,622 INVESTMENT KINAGEMENT COSTS Investment mj8n1 costs 2024 2023 PortfdKs man4emenl 10.415 10,072 CHARrrABLE AGTIVITIES cc6rs Grant funding of activities (see note Direct Costs (see nole 7) Support costs (see note 9) 8) Totals Grants pae and oLherexpenditiJre 32,151 63,5 9,937 105,684 Page 9 continued...
Ba[dbaar¢h an.d Educatlon Trust of Rotherham the Flna Clal_S_ta_teMelS - contl ear ue DIRECT COSTS OF CIIIITABLE ACTIMTIES 2024 2023 ReseJch expenditure Support forconferences meetsS 11,222 32.151 32.151 11,222 GPANTS PAYABLE 2024 2023 Grants payaue and other expeniltijrè 63.596 12.6751 The totsl grts made durirg the rfear were as fokyw&" 2024 2023 Team building grant Grants lo indidUal$ Grts provided no ILwer requir8J 13,596 50,000 1,945 14,2601 SUPPORT COSTS Governance costs Management Totals Grants payable and olher exFathJre 5,377 4,560 9,937 Supwrt u)sts. includ&J in the ae. we & foknbE.' 2024 Grants payable and other expenditure 2023 Total activities W&Jes Other office costs Auditors, romuneratkin Auditors, remunerab'on lorTrJn Jjdit v 4.239 1,138 960 3,600 4,682 1,184 916 3,368 9,937 10,150 10. NET INc(E1(E%pENDlTuREl Nel ino)melexpenditurel is Stat after cha0{¢r&tsty1.. 2024 2023 Auditors, remunerab. Auditors, rwnuneraion non audit rk 916 3,388 Page 10 continued...
Rotherham Notés lo the Financial Statements - continued For The Year Ended 31 March 2024 11. TRUSTEES, REMUNERATION AND BEs There hrre no Irteel rernUwatK orotherknefits fcithe Far ended 31 2024 norfci the year end 31 March 2023. Trust88s' expen There were rK> tru5t* travèl expgnsgs or Pa diwty to any b¢0 for tro ygar gnd&J 31 March 2024 for th8 year ended 31 March 2023. 12. STAFF COSTS 2024 2023 Wages and sala 4,239 4,682 4,239 4,682 The aw&ae nurnEer ofempbyees durirvJ Iheyear WAS a5 f0lkTh.' 2024 023 Adminkstration No empbyees receNgJ etTrJlumenb in &xcw of£fJJ.CW. ManwJwnenl Remunerauon The key man&Jemenl personnel of t thanty MpriSe ihe twstees and executive mintrdIOr. The total anKJunl of errplcryee beneffts rtteNed by key man4emenl Fern for theKservw lo the chty was £4.23912023'.£4.6821. 13. COMPARATIVES FOR THE STATEMENT ac RNANCIAL ACTIVITIES Unrestricted Restricted funds funds Total fund5 INCOME AND ENDOWMENTS FR Donations and 9aCleS 60.832 60,2 Inv&%bnenl incon 36.622 36,622 TDtsI 97,454 97,454 EXPENDITURE ON Investment managernenl c£6ts 10,072 10,072 Ch¥ltablè &llvltle5 Grants payable and othw exFenditure 18,697 18,697 Tota 28,769 28.769 Nel oainslllossesl on inyesiments 1135,9441 1135,9441 NET INCCIIEIFXPENDITURE) 167.2591 {67,25SI RECONCILIAMThY OF FUNDS Total bjnds twhl forward I.8.665 1.858,665 TOTAL FUNDS CAFIRIED FORWARD 1,791,4C6 1.791,406 Page11 continued...
Rotherham tl 14. FIXED ASSET INVESTMENTS Listed investments MARKET VALUE Al1 April 2023 Additions Disposa15 Revaluakns 1,377,836 181,236 1148,5011 53.717 At31 March 2ff24 1,464,288 NET B¢Xd( VALUE Al 31 March 2024 1,464,288 Al 31 March 2023 1,377.836 The histc4ical 10fth8 inv&tments a131 Marth S)24 was £1.395.14312023.' £1.362.190). The investsnent pth)IhJ is rnanag behaf of by Rathl Ient Managennt, Al 31 2024, al ol Ihe FQrtfcdK) was inted in investments. The gain on inve51menl assets in S(%A of £44,653 ks up of a realEaJ k65 of1£9.0651 on investrnts sold in the year and an unrealised gain 01£53.717 to an increase in thev4L* af Inlts hekj alts yeareThJ. 15. CREDITORS.. AM(xIKrs FALLING DUE WITHW (K YEAR 2024 2023 Trade creditS "81 seGvrity and rAheTtsxe5 (Jher creditors Grants payaLle 2,656 37 4.559 30,819 2,526 18 4.248 38,071 6.792 16. ANALYSIS OF NET ASSETS BEIWEEN FUNDS )24 Total funds 2023 Total funds Unrestricted Restricted funds funds Inv&%tments Current assets Current liab11.es 1,464.2&8 359. 138,071) 1.461.288 359.(64 138.0711 7.377.836 420,362 16,7921 1,785,281 1,785.281 1.791,406 Page12 continued...
Rotherham Notes to th.e FInancial.State_rDts - ontl For The Year Ended 31 March 2024 ue 17. MOVEMENT IN FUNDS Nel movement in funds Transfers between funds Al 31.3.24 At1.4.23 unrestrict fund8 General fund Fair Value reserve 1.775,761 15,645 16,1251 153,4991 53,499 .716,137 69,144 1,791,4C6 16,1251 I,7.381 TOTAL FUNDS I.tYl.4L Ili.1251 1.785,281 Nel movement in funds, hKlud&J Ki the abm &e as Incoming resources Resources expended Gains and losses Movement in funds Unrestricta funds Genwal luThJ 65,322 1116,Cfj91 44.652 16.1251 TOTAL FLWDS 65.322 1116,0991 44,652 16,1251 Comp8ratrve8 for rnovemt In fvnds Net movement in f unds Transfers between funds At 31.3.23 At 1.4.22 Unr&8lrfcloJ funds General fund Fair Value reseNe 1,678,924 179.741 (67,259) 164.C4J6 1164,0961 1,775,761 15,645 1.858.E65 {67259) 1.791,406 TOTAL FUNDS 1,858,e65 167,2S9} 1.791.406 ComparatNe nel Movent in lund& TrickJd&J wi th8 are as fdlcths: Incoming resources Resources expended Gains and losses Movement in funds Unreslrlcled lunds General fund 97.454 128,7691 I1,914} 167,2591 TOTAL FUNDS 97.45d {28,7691 1135,9441 167,2591 Page 13 continued...
Rotherham NoJe_Ito_Ibe Finanoial_Stat?mgPIs - oo_DIIDllg_d For The Y•ar Ended 31 March 2024 1& ¥4 RELATED PARTY DISCLOSURES There were no relthl pwty tralas forth8 year 31 Marth 202412023: None). 19, ULTIMATE C(IYTROLLING PARTY The is ukinN9tdy ltr( by ts rt$. No iTraMdud meth has c£thl. Page14