REGISTERED CHARITY NUMBER: 517743 Report of the Trustees and Unaudited Financial Ststements for the Year Ended 31 DeMber 2024 for Gerald Arthur Rolph Foundation for Historic Preservation and Education. Thompsons Cold Bath Place Harrogate N'orth Yorkshire HG2 OPQ
Gerald Arthur Rolph Foundation for Historie Preservation and Education. Contents of the Financial Statements for the Year Ended 31 Deeember 2024 Page Reference and Administrative Details Report of the Trnstees 2 to 3 Independent Examiner's Report Statement of Financial Aetivities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Artivities
Gerald Arthur Rolph Found2tion for Historie Preservation and Education. Reference and Administrative Details for the Year Ended 31 December 2024 TRUSTEES Colonel D L Rolph Dr G A Rolph (resiimed 20.1.24) J B Mlright M C Rolph M Oglesby PRINCIPAL ADDRESS Allerton Castle Allerton Park Allerton Mauleverer Knaresborough North Yorkshire HG5 OSE REGISTERED CHARITY NUMBER 517743 INDEPENDENT EXAMINER Thompsons Cold Bath Pla¢e Harrogate N'orth Yorkshire HG2 OPQ SOLICITORS Swithlskis St James House 28 Park Place Leeds LSI 2SP Page I
Gerald Arthur Rolph Foundatiort for Historic Preservation and Education. Report of the Trustees for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year end¢d 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pTrparing their accounts in accordanee with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effective l January ?019). OWECI'IVES AND AcfiviTIES Objectives and aims The charitable objects of the FoLmdation are: l. The preservation of the public benefit of the whole or port of buildings and their grounds and parkland known as Allerton Castle, North Yorkshire. 2. The preservation of the public benefit of furniture and pictures and chattels of any description ordinarily kept or intended to be kept at Allerton Castle. 3. The use and occupation of the Chapel at Allerton Castle for the advancement of Christian Religion and the practice of worship. 4. The provision of Allerton Castle or such part of it &$ shall be appropriate in the interest5 Qf social welfare and for the purw)se of improving the eondilions of life for the persons for whom the same and intended of facilities for physical recreation which will be available to members of the public at laroe. 5. The facilitation and encouragement of the use and occupation of the whole or part of Allerton Park and the use of such chattels for ¢haritable educational purpose or for such other charitable purposes as the Trustees may determine. Signifieant activities The principal activity of the Foundation is to utilise the facilities of Allerton Castle to create sufyicient resources for its maintenance and to promote and encourage access to and the study and appreciation of Allerton Callle, its contents and surrounding5 by students and the general public. FINANCIAL REVIEW Investment poliey and objectives The Trustees have continued to monitor the cost efficiency of the Foundation during the last financial year. focusing expenditure on key areas of castle safety. resioration and onooing maintenance works. . Future Proposed Plans Ongoing restoration works and critical maintenance of the building continues: in¢luding restoration of st. Mary's Chapel and the Temple which are key to the Foundations proposed education progrdmme STRucfuRE, GOVERNANCE AND MANACEMENT Governing document The charity is controlled by its governing documenL a deed of trust and constitutes an unincorpotatcd chatity. Risk management Th¢ Trnstees conlinued to assess what they consider to be the main risks to the Foundation. This &qgessment covered the nomal risks expected for a Foundation ol th15 size and nure. including competition. clinical risk and the recNitment and retention of staff. The Trustees believe th* there are adequale systems in place to militsate these risks. The Foundation continues to focus on the cost etriciency of ils activities, reviewing internal manement structures, working practices and costs along with the rcquirements of ekn¢rnal advisers. Ongoing resource management systems ensure targets are met. Page 2
Gerald Arthur Rolph Foundation for Historie Preservation and Education. Report of the Trustees for the Year Ended 31 December 2024 Approved by order of the Ix)ard of thislees on .. . .. olonel D L Rolph - Trustee
Independent Examiner's Report to the Trustees of Gerald Arthur Rolph Foundation for Historic Preserv#tion and Educatio Independent examiner's report to the trustees of Gergld .4rthur Rolph Foundation for Historie Preservation and Edueation. report to the charity ISteeS on my examination of the accounts of Gelald Arthur Rolph Foundation for Historic Preservation and Education. (the Trust) for the year ended J l December 20?4. Responsibilities and basis of report As thc charity truslees of the Trust you are restK)nsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the A¢t'). I report in respect of my examination of the Trust's accounts carried out under Scction 145 of the Act and in canying out my examination I have followed all applicablc Directions givcn by the Charity ComJnission under Section 145(5)Ib) of the Act. Independent examiner'5 Statement E have completed my examination. I confirni that no material matters havc come to rny attention in connection with thc examination giving me cause to believe that in any material respect- ounting records were not kept in respect of the Tt as required by Section IJO of the ACL or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set oul in the Charities (Accounts and Reports) Re(Julations 2008 other ihan any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems 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. D d'Arey Thompson FCA Thompsons Cold Bath Place Harrogate North Yorkshire HG2 OPQ Page 4
Gerald Arthur Rolph Foundation for Historie Preseryation alld Education. Ststement of Financial Activities for the Year Ended 31 December 2024 Period 1.6.23 Year Ended 31.1?.24 Total funds 31.12.23 Total funds Unrestricted fund Restricted fund Note5 INCOME AND ENDOWMEiYfs FROM Donations and legacies Charitable Aetivities Fundraising 205,602 205,602 139,776 Investment income 8,991 8,991 3,102 Total ?14,595 214,595 142,878 EXPENDITURE ON Charitable activities Fundraising 179,695 179,695 15J,216 NET INCOMEI(EXPENDITURE) 34,900 34.900 (10,338) RECONCILIATION OF FUIYDS Total funds brought forward 11,95J.6)7 125,000 12,078.637 12,088.975 TOTAL FUNDS CARRIED FORWARD 11,988,537 125,000 12,1 lJ,5J7 12.078,637 The notes fom part of these financial statements Pe5
Gerald Arthur Rolph Foundation for Historic Preservation and Education. Balance Sheet 31 Deeember 2024 )1.12.24 Total funds 31.12.23 Total funds Lnrestrictcd fund Restricted fund Notes FIXED ASSETS Tangible assets Heritage assets Investments 9,858,07J 1,96J.207 18,100 9,858.073 1.96i,207 18.100 9,890,925 1.963.207 18,100 11.8)9,J80 11,839.380 11,872,232 CURREIYT ASSETS Debtors Cash at bank and in hand 28,500 250 ?57 28.500 250,257 27,786 179,7J5 278.757 278,757 207,521 CREDITORS Amounts falling due within one year (129.600) 125,000 (4,600) (1,116) NET CURRENT ASSETS 149,157 125,000 274,157 206,405 TOTAL ASSETS LESS CURRENT LIABILITIES 11,988,537 125.000 12.113.537 12.078,637 NET ASSETS 11,988,5J7 1 ?5,000 12,11),537 12,078.637 FUNDS Unrestricted funds Restricted fijnds io 11,988,537 125,000 11,95),637 125,000 TOTAL FUNDS 12,Ili,537 12,078,637 The financial ststements were approved by the Board of Trustees and authorised for issue ../6....AlAJ...24fj. and were signed on its behalf by: on D L RAlph - Trust¢¢ JBW ght- Trustee The notes forni part of these fjnancial slatements Pag¢ 6
Gerald Arthur Rolph Foundation for Historic Preservation and Education. Notes to the Fioancial Statements for the Year Ended 31 December 2024 ACCOULYfiNG POLICIES Basis of preparing the fiDanci41 statements The financial statements of thc charity. which is a public benefit eniity under FRS 102, have been prepad in a¢cordance with the Charities SORP (FRS 10?) 'Accounting and Reporting by Charities.. Statement of Recommended Practicc applicable to charities preparing their accounts in accordance with the Financial R¢porting Standard applicable in the IJK and Republic of Ireland (FRS 10?) (effective l Janujry 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities 2011. The financial ststemenis have be¢n prepared under the historical cost convention, with the exception of investments which are included al market va]ue. Income All income is recognised in the Statement of FTnancial Activities once the charity has entitlernent to the funds, it is probable thai the income will be receii'ed and the amount can be measured reliably. Expenditure Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliablv. Expendire is accounted for on an accruals basis and has been classified under headings ihat aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings the>. have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depwiation is provided at ihe following annual rates in order to write off each Lsset over its estimaled useful life. Fixtures and fittings I/0 on cost Taxation The charity is exempt from t&x on its charitable activities. Fund accounting Unrestricted funds can be used in aecordance with the charitable objeiveS at the discretion of the Injstees. Restricted funds can only be used for particular restricied purpw)ses within the objects of the charity. Restrictions arise when specified by the donor or when funds are rnised for pxrtieular restricted purposes. Further explanation of the nature and purp)se of each fimd is included in the notes to the financial ststements. INVESTMENT INCOME Period 1.6.23 to 31.12.23 Year Ended 31.12.24 Deposit account interest 8,991 3,102 Page 7 continued...
Gerald Arthur Rolph Foundation for Historic Preservation and Education. Notes to the Financial Statements- continued for the Year Ended 31 December 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the period ended 31 December 202). Trustees, expenses Trustees, expenses paid for the Yart0 3 1st De¢ember ?024 were £7042. COMPAIL4TIVES FOR THE STATEMENT OF FITYANCIAL AcfiviTIES Unrestrtcted fund Restricted fund Total funds INCOME AND ENDOWMEiYfs FROM Charitable activities Fundraising 1)9.776 139,776 Investment income 3,102 3,102 Total 142.878 142.878 EXPENDrrLRE ON Charitable aetivities Fundraising 15J.216 15J,216 IYET INCOMEI{EXPENDITURE) (10,Ji8) (10,338) RECONCILIATION OF FUNDS Total funds brought forward 11.963.975 125,0 12,088,975 TOTAL FUNDS CARRIED FORWARD 11,95),6J7 125,000 12,078,637 TANGIBLE FIXED ASSETS Fixtures Freehold property Motor vehicles fittings Totals COST At l January 2024 and 31 December 2024 9,825,(K)O )28,519 15.000 10.168.519 DEPRECIATION At l January 2024 Charge for year 262,594 15,000 277,594 At 31 December 2024 295,446 15.000 310,446 NET BOOK VALUE At 31 Dember 2024 9,8?5.000 9,858,073 At 31 December 202J 9,825,000 9,890,925 The freehold property consists of Allerton Castle. Allerton ParK Allerton Mauleverer, HG5 OSE. Page 8 continued...
Gerald Arthur Rolph Foundation for Historic Preservation and Education. Notes to the Financial Statements- continued for the Year Ended 31 December 2024 TANGIBLE FIXED ASSETS- eontinued Chapel, South Lodge, West Lodge and the Temple HERITAGE ASSETS The fixtttres, chatlels. sculptures and paintings sityated at Allerton Castle are the property of the Foundation, which is responsible fortheir maintenance FIXED ASSET INVESTMENTS The Foundalion h&8 invested in 18,000 shares of Bongiovi Media & Technology and 100 shares in Allerton Castle Limid. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Trade debtors VAT Prepayments and accrued income 23,000 5,500 10.000 856 28,500 27,786 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR )1.12.24 il.12.23 Other creditors 4,600 1,116 io. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestricted funds General fund 1.953,6)7 34.900 11,988,537 Restricted furtds Restricted fi]nds i?.snn i?$ niin TOTAL FUNDS 12.078.637 34,900 12,113,537 Net movement in nds. included in the alK)ve are as follows.. Incomirkg resources Resources expended Movement in funds Unrestricted funds General fund ?14.595 (179.695) 34.900 TOTAL FUNDS 214,595 (179,695) 34,900 Page 9 continued..-
Gerald Arthur Rolph Foundation for Historie Preservation and EducatioD. Notes to the Financial Statements- continued for the Year Ended 31 December 2024 io. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds At Jl.12.23 At 1.6_23 Unrestrieted fund5 General fund 11.96i.975 (10,338) 11,953,637 Restricted funds Restricted funds 125,000 125,000 TOTAL FUNDS 12,088.975 {10,JJ8) 12,078,6J7 Compardtive net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 142,878 (153,216) (10.3J8} TOTAL FUNDS 142,878 (15J ?16) (10,J38) CONTINGENT LIABILITIES There were no contingent liabilitie5 at the balance sheet date. 12. OTHER FINANCIAL COMMITMENTS The Charity has given no guarantees or other indemnities. 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended ) l December 2024. Page 10