GRAHAM ROWLANDSON FOUNDATION
Report and Financial Statements
Year ended 31 March 2024
Charity No. 802446

GRAHAM ROWLANDSON FOUNDATION
REFERENCE AfqD ADMINISTRATIVE INFORMATION
Trustees
R G StJ Rowlandson FCA - Chair of Trustees
E T M Rowlandson
Principal Office
Graham House
7 Wyllyotts Place
Potters Bat
Hertfordshire
EN6 2JD
Charity No. 802446
Auditors
WMT Chartered Accountants
4 Beaconsfield Road
St Albans
Hertfordshire
ALI 3RD
Bankers
Natwest Bank PIC
2nd Floor
10 St Peter's Street
St Albans
Hertfordshire
ALI 3LY

GRAHAM ROWLANDSON FOUNDATION
REPORT OF THE TRUSTEES
For the year ended 31 March 2024
The trustees present their report together with the fLnancial statements of the charity for the year ended
31 March 2024. The financial statements have been prepared in accordance with the accounting
policies set out in note I to the accounts and comply with the charity's trust deed, and the Charities Act
2011. The trustees have adopted the provisions of the Statement of Recommended Practice:
Accounting and Reporting by Charities SORP 2015 (FRS 102) in preparing the annual report and
fmancial statements of the ¢harAty.
Structur4 governanee and management
The trust is an unincorporated trnst, constituted under a trust deed dated 2 November 1989 and is a
registered charity, number 802446.
The trustees are appointed by the Board of Trustees. The Trust Deed provides for a maximum of
trustees. The trustees of ihe charity for the year to 31 March 2024 were:_
R G StJ Rowlandson FCA
E T M Rowlandson
The trustees are aware that they are currently below the minimum number of trustees required. Steps
are being taken to seek a new appointment, however, the Trustees are conscious that the candidate must
have the relevant experience to carry out their duties.
The trustees have adequate access to up to date legislation to enable them to perfonn their duties.
At the trustees, meetings, Ihe trustee5 agree the board strategy and areas of activity for the trusL
including consideration of grant making* reserves and iisk management policies. The day to day
administration of grants and the processing and handling of the majority of applications is delegated to
the Hertfordshire Community Foundation.
Risk management
The charity trustees have considered the major risks to which the charity is exposed and have reviewed
those risks and established systems and procedures to manage those risks. The twstees consider
variability of investment returns the charity's major risk. At present these are addressed by the re￿rn
on the charity's main investment being linked to base rate.
Objectives and activities
The objectives of the trust are to undertake charitable activities.
The trust aims to support a wide range of local causes with its primary focus on social welfare and
includes the following priority areas'.-
The welfare of disadvantaged children and families
The provision of activities and opportunities for young people
Access to education, training, sports, such as tennis and employment oppormnities
Quality of life for older people
Provide access to services to facilitate members of the public being assisted to apply for
benefits to suppoit both themselves and their families
Public Benefit Statement
The trustees have ref¢￿ed to the guidance in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities. In particular, the
trustees consider how planned activities will contribute to the aims and objectives they have set.
Grant making policy
The Charity has entered into a Named Fund Agreement with The Hertfordshire Community
Foundation, which undertakes the following procedures of the grant making process:
Handling initial enquii'ies from potential applicants
Issuing application forms and accompanying guidelines
Giving help and advice where necessary in submitting applications
Interviewing applicants by telephone or by visiting their premises

GRAHAM ROWLANDSON FOUNDATION
REPORT OF THE TRUSTEES
For the year ended 31 March 2024
Grant making policy (continued)
Making other enquiries to obtain additional information necessary for effective assessment
Preparing written appraisals of applicant organisations, projects and requests
Short listing applications, meeting and agreeing criteria for consideration for a grant
Notifying applicants of the outcome of their application
Making arrangements to present or send grant cheques to successful applicants
Monitoring corllpliance with any specific conditions attached to grants awarded
Obtaining satisfactory progress reports prior to further instalments of grants due over a period
Reviewing the outcomes of grants made
The trustees assess the short listed applications as well as taking note of any additional inforniation
provided by the staff of the Community Foundation in response to specific queries and then decide on
which grants to award.
The trustees visit the recipients of grants made to ensure that monies are allocated in accordance with
the temis of the grant.
The trustees also make a small number of grants outside the Named Fund Agreement. Similar
procedures al'e followed when these grants are made.
The trust ts reliant on the income from its irtvestments, the income from which was £174,196 (2023:
£79,617). In addition donations of £92,304 (2023.. £171,883} were received. Grants committed in the
period totalled £253,618 (2023: £233,736) including £Nil (2023: £Nil) being committed but not yet
paid.
In March 2010 the trustees established the Graham Rowlandson Grassroots Endowment Fund which
was set up for general ¢haiitable purposes supporting the community and voluntary groups throughout
Hertfordshire. This Fund was established under the umbrella of the Grassroots Endowment Challenge,
whereby all donations received by the Fund attracted Government Matched Funding.
In March 2012 the trustees established The Grabam Rowlandson Community First Fund which was set
up under the management of Hertfordshire Community Foundation to support local community
projects and voluntary groups within Hertfordshire, focusing on social action and combatting social
deprivation. This fund also attracted Government Matched Funding.
Investment policy
The Foundation's investments comprise of a gift of loan stock made by Richard Graham St John
Rowlandson. This gift is reflected within the fmancial statements as expendable endowments which
generate income in the forn) of interest.
Reserves policy
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to committed
uniEstt-icted charitable expenditure. The trustees consider that this level will provide sufficient funds to
respond to applications for grants and ensw'e that there are sufficient funds available to cover support
and governance costs. The interest generated from the expendable endowment will be sufficient to
cover these commitments as and when they fall due.
The expendable endowment is an unrestricted reserve and there are no plans to convert it in the
foreseeable ￿ture.
Plans for the future
The Named Fund Agreement entered into with The Hertfordshire Community Foundation is to be
reviewed annually.
Grant awards
The trustees expect the grant level awarded to be relatively static in the next twelve months.

GRAHAM ROWLANDSON FOUNDATION
REPORT OF THE TRUSTEES
For the year ended 31 March 2024
Trustees, responsibilities in relation to the financi81 statements
The ttustees are responsible for preparing ihe Trustees, Annual Report and the fmancial statements in
accordance with applicable law and United Kingdom A¢¢ountiDg Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the INstees to prepare fmancial
statements for each fmancial year which give a true and fair view of the state of affairs of the charity
and of its incoming resources and application of resources of the charity foi. that period. In preparing
these flnancial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP 2015 (FRS 102).
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material
deparmres disclosed and explained in the fman¢ial statements,
prepare the fmancial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The trustees are responsible for keeping proper accountlng records that disclose with reasonable
accuracy at any time the f￿ancial position of the charity and enable ihem to ensure that the flnancial
statsments comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations
2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the
harity and hence for taking iEasonable steps for the prevention and detection of fraud and other
irregularities.
Auditors
The trustees in office on the date of approval of these fll]ancial statements have confJrn]ed, as far as
they are aware, that there is no relevant audit information of which the auditors are unaware. Each of
the trustees have ¢onfwmed that they have taken all the steps that they ought to have taken as tt'ustees in
order to make themselves aware of any relevant audit inforniation and establtsh that it has been
communicated to the auditors.
A resolution to reappoint WMT as auditors will be put
members at the Annual General Meeting.
Approved by the trustees on 241h July 2024 and si
edon
eir behalf by:
R G StJ Rowlandson
Chaii. of Trustees
Graham House
7 Wyllyotts Place
Potters Bar
Hertfordshire
EN6 2JD

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRAHAM ROWLANDSON
FOUNDATION
Opinion
We have audited the financial statements of Graham Rowlandson Foundation (the 'Ch￿'ity'} for the
year ended 31 Mai'ch 2024 which comprise the statement of fjnancial activities and the balance sheet
and notes to the fmancial statements, including a summary Df significant accounting policies. The
fmancial reporting framework that has been applied in their preparalion is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Repoyting
Standard applicable IF7 the UK and Republic of Ireland (United Kingdom Generally A¢¢epted
Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its
incoming resources and application of resources for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International StandaTds on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the fmancial statements section of our report. We are independent of the
charity in a¢¢oTdance with the ethical requirements that are relevant to our audit of the financial
statements ij) the UK, including the FRC'S Ethical Standard, and we have ￿lfilled our other ethical
Tesponsibilities in accordan¢¢ with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the fmancial statements, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the fmancial statements is appropriate.
Based on the work we have perfornied, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability
to continue as a going concern for a pei'iod of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees wilh respect to going ¢on¢em are described
in the relevant sections of this report.
Other information
The other inforniation comprises the infonnation included in the annual report other than the financial
statements and oui. auditor's report thereon. The trustees are responsible for the other information
contained within the annual report. Our opinion on the fmancial statements does not cover the other
information and, except to the exteTht othenvise explicitly stated in our report, we do not express any
fonn of assurance conclusion thereon. Our responsibility is to read the other information and, in doing
so, consider whether the othei. inforniation is materially inconsistent with the fmancial statements or
oui. knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we ate required to deterniine
whether this gives rise to a matei'ial misstatement in the fmancial statements themselves. If, based on
the work we have perfornjed, we conclude that there is a material misstatement of this other
infonnation. we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities
(Accounts and Reports) Regulations 2008 I'equire us to report to you if, in our opinion:

GRAHAM ROWLANDSON FOUNDATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRAHAM ROWLANDSON
FOUNDATION
the infonnation given in the trustees, report is inconsistent in any material respect with the
financial statemenls. or
sufficient accounting records have not been kept. or
the f￿ancIal statements are not in agreement with the accounting records and returns. or
we have not received all the infonnation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement set out on page 5 the trustees are
responsible foi. the preparation of the fmancial statements and for being satisfied that they give a trne
and fair view, and for such internal control as the trnstees determine is necessary to enable the
preparation of fmancial slalements that are free from material misstatement, whether due to fraud or
error.
In preparing the fmancial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the
going concern basis of accountitig unless the trustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audlt of the financial statements
We have been appointed as auditor under section 145 of the Charities Act 2011 and report in
accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the fmancial statements as a whole are
free from material misstatement, whether due to fraud or e￿or, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantse that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or e￿0[ and are considered material if, individually or in the
aggregate. they could reasonably be expected to influence the economic decisions of users laken on the
basis of these fmancial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is delailed
below..
Discussions with and enquiries of management and those charged with governance were held with a
view to identifying those laws and regulations that could be expected to have a material impact on the
fmancial statements. During the engagement team briefmg, the outcomes of these discussions and
enquiries were shared with the team, as well as Consideration as to where and how fraud may occur in
the entity. The following laws and regulations were identified as being of significance to the entity:
Those laws and regulalions considered to have a dir¢¢t effect on the fmancial stalements include UK
fmancial reporting standards, Company Law, Tax and Pensions legislation, and distributable profits
legislation.
Those laws and regulations for which non-compliance may be fundamental to the opei?ting aspects of
the business and therefore may have a material effect on the f￿anCIal statements include trade/export
compliance, health and safety legislation, employment law and data protection.
Audit procedures undertaken in response to the potential risks relating to I￿egular1tLeS (which include
fraud and non-compliance with laws and regulations) comprlsed of: inquiries of management and ihose
charged with governance as to whether the entity complies with such laws and regulations. enquiries
witIL the same concerning any acthal or potential litigation OT claims; inspection of relevant legal
correspondence. review of board minutes. testing the appropriateness of journal entries. and the
perfom)an¢e of analytical review to identify unexpected movements in account balances which May be
indicative of fraud,

GRAHAM ROWLANDSON FOUNDATION
INDEPENDENT AUDITOR'S REPORT TO THE MEIIIBERS OF GRAHAM ROWLANDSON
FOUNDATION
No instances of material non-compliance were identified. However, the likelihood of detecting
inrgularities, including fraud, is limited by the inherent difficulty in detecting irregularities, the
effectiveness of the entity's controls, and the nature, timing and extent of the audit procedures
perfonned. Irregularities that result from fraud inight be inherently more difficult to detect than
iLTegularities that result from error. As explained above, there is an unavoidable risk that material
misstatements may not be detected, even though the audit has been plaJu)ed and perfomied in
accordance with ISAS (UK).
A further description of our responsibilities is located on the Financial Reporting Council's web51te at:
htt s://www.frc.o
.uklauditorsres
onsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undeitaken so that we might state
to the charity's trustees those matters we are required to state to them in an auditor's report and for no
other pury)ose. To the fullest extent pern]itted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or
for the opinions we have fonned.
WMT
Statutory Avditor
4 Beaconsfield Road
St Albans
Hertfordshire
ALI 3RD
Date:
IS 1ts14
WMT is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as
auditoj. of a company under section 1212 of the Companies Act 2006.

GRAHAM ROWLANDSON FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 March 2024
Unrestricted
Fz4nds
Expendable
Endowment
Total Funds
31 Mar24
Tolal Funds
31 Mai'23
Note
Ineoming resources
Incoming resourc&sfrom
generatedfzinds..
Investment income
Donation
174,196
92,304
174,196
92,304
79,617
171,883
Total incoming resources
266,500
266,500
251,500
Total resources
expended
280,435
280,435
258,360
Iyet incoming resources
(13,935)
(13,935)
(6,860)
Reconciliation of Funds
Total funds brought
forward
16,772
3,456,463
3,473,235
3,480,095
Total funds carried forward
2,837
3,456,463
3,459,300
3,473,235
The notes on pages I I to 16 form part of these fmancial statements.
The Statement of Financial Activities includes all gains and losses recognised in the year.
In the prior year, all income and expenditure was from unrestricted funds.

GRAHAM ROWLANDSON FOUNDATION
BALANCE SHEET
As at 31 March 2024
Total
Ftinds
31 Mar24
Total Funds
31 Mar 23
Note
FIXED ASSETS
Investments
3,456,463
3,456,463
TOTAL FIXED ASSETS
3,456,463
3,456,463
CURRENT ASSETS
Debtors
Cash at bank and in hand
2,752
85
16,687
85
TOTAL CURRENT ASSETS
2,837
16,772
LIABILITIES
Credilors falling due within one year
NET ASSETS
3,459,300
3,473,235
THE FUNDS OF THE CHARITY
Unrestricted income fimds
Expendable endowment
2,837
3,456.463
16,772
3,456,463
TOTAL CHARITY FUNDS
3,459,300
3,473,235
The notes on pages I I to 16 forni part of these fmancial statements.
Approved by the trustees and authorised for issil
on 24th July 2024 and signed on their behalf by..
bwLANDSON
OF TRUSTEES
10

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FtNANCIAL STATEMENTS
As at 31 March 2024
ACCOUNTING POLICIES
(o) General Inforniollon uncl basis ofpreparnlioii
The Graham Rowlandson Foundation is an unincorporated charity registered in England and Wales.
The address of the registered office and the nature of the charity's operations and principal activities
are detailed on pages E-5 of this Report and Financial Statements. The charity is a public benefit entity
as defmed by FRS 102.
The fmancial statements have been prepared under the historic cost convention, with the exception that
investments are included at market value. The financial statements have been prepared in accordance
with Accounting and Reporting by Charities Stalement of Recommended Pizcti¢e applicable to
charities preparing accounts in accordance with the Financial Repoiting Standard applicable in the
United Kingdom and Republic of Ireland (FRS 102) and applicable UK Accounting Standards and the
Charities Act 2011.
The f￿anCIal statements have been prepared on a going concern basis. The fmancial statements are
prepared in sterling, rounded to the nearest £1.
(b) Slalemenl of ertsliflows
The Charity has taken advantage of the exemption not to produce a staternent of cash flows.
(e) Funds slrucliire
The Charity holds loan stock which was gifted by Richard Graham St John Rowlandson, the income
from which is wholly unrestricted.
Unrestricted income fi]nds comprise those funds which the trustees are free to use for any purpose in
furtherance of the charitable objects.
The loan stock was gifted as an expendable endowment which generates income for the charity in the
fonn of interest.
The Trustees allocate this interest in the forni of grants made to various charitable causes.
Further details of these ￿llds are disclosed in note I l.
(d) Iiiconiliig rafoiirces
All incoming resources are recognised once the charity has entitlement to the resources, it is probable
that the resources will be received and the monetary value of incoming resources can be measured with
sufficient reliability.
(e) Resources ￿pended
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation
committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all Qosts related to the category.
Grants payable are payments made to third parties in the furtherance of the charitable objectives of the
Foundation. Single or multi-year grants are accounted for when either the recipient has a reasonable
expectation that they will receive a grant and the trustees have agreed to pay the grant without
condition, or the recipient has a reasonable expectation that they will receive a grant and any condition
attaching to the grant is outside of the control of the Foundation.
Governance costs comprise all costs involving the public accountability of the charity and its
compliance with regulation and good practice. These costs include costs related to statutory audit and
legal fees together with an apportionment of overhead and support costs.

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FtNANCIAL STATEMENTS
As at 31 March 2024
ACCOUNTING POLICIES (CONTINUED)
Irrecoverable VA T
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
(g) Flxed assel inveslnielils
Investments are stated at market value as at the balance sheei date. The statement of fmancial activities
includes Ihe net gains and losses arising on revaluation and disposals throughout the year.
(li) Donalioiis
Donations are reported on a receivable basi5.
(i) Tnx
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragi?ph I Schedule 6 Finance Act 2010 and therefore il meets
the defmition of a charitable company for UK corporation tax purposes.
Q) Goliig coneerii
The fmancial ststements have been prepared on a going ¢on¢ern basis as the trustees considei. that no
matei'ial unceitainties exist. The trustees have considered the level of thnds held and the expected level
of income and expenditure for 12 months from the date of approval of these financial statements.
(k) Juélgenieiits and key soiirces of esllmalion uiicerlaility
Judgements on the valuation of investments have been made in the process of applying the accounting
policies. The trustees are satisfied that their valuation of the investments is faitly stated.
2, TRUSTEES) REMUNERATION
Trustees received no emolumenls or expenses during the year (2023: £Nil).
The trustees are considered to be the key management personnel of the charity.
3. INVESTMENT INCOME
2024
2023
Interest- loan stock
174,196
79,617
4. TOTAL RESOURCES EXPENDED
Charitable
Activities
Stipport
Cosl
Total
2024
Total
2023
Grant funded activity (note 5)
Professional fees
Administration fees
Bank charges
253,618
253,618
1,500
25,317
233.736
1,500
23,124
1,500
25,317
Total resources expended
253,618
26,817
280,435
258,360
12

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FNANCIAL STATEMENTS
As at 31 March 2024
GRANTS PAYABLE
Total
2024
Tolal
2023
Hertfordshire Charities
253,618
233,736
Total
253,618
233,736
Cominilments
made ipt iheyear
2023
Tolol
Add-vance
Women in Business
CAB'S
The Blue Tangerine Federation
Irish Network Stevenage
North Herts Minority Ethnic Forum
West Herts ABC & Educational Support
Youth Tall(
Recover
Suman Sharnia
Additional Needs Tennis Group
Herts Disability Sports Foundation
Electric Umbrella
Tennis Lessons on behalf of SENSE
14,248
1,000
75,396
23,352
17,870
16,160
32,200
19,962
28,700
I,ioo
4,000
13,996
77,155
20,000
7,960
16,510
20,000
10,113
30,000
4,138
28,700
24,344
450
253,618
233,736
Reconciliation of grants payable..
Commitments at l April
Commitments made il) the year
253,618
233,736
Grants payable for the year
Grants paid during the year
253,618
233,736
(253,618) (233,736)
Commitments at 31 March
6. AUDITOR'S REThIUNERATION
The auditor's remuneration constituted an audit fee of £1,500 (2023: £1,500).
13

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
As at 31 March 2024
FIXED ASSET INVESTMENTS
Movement in fixed asset investments
2024
Cost brought and carried forwai
3,456,463
Investments gs market value comprised:
Subordinated Unsecured Loan Stock 2050 (in RO Trading Limited)
3,456,463
Total
3,456,463
DEBTORS
Tolal
2024
Tolal
2023
Other debtors
2,752
16.687
CREDITORS:
Amounts falling due within one year
Total
2024
Tofal
2023
Grants payable
14

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
As at 31 March 2024
10. NET ASSETS
Expendable
Endowment
2024
Unrestricted
2024
Total
2024
Investments
Debtors and cash
3,456,463
3,456,463
2,837
2,837
3,456,463
2,837
3,459,300
Expendable
Endowment
2023
Unrestricted
2023
Total
2023
Investments
Debtors and cash
3,456.463
3,456,463
16,772
16,772
3,456,463
16,772
3.473,235
11. CHARITABLE FUNDS
Analysis ofFunds Movement
Balance at
l Api. 22
Incoming
Resources
Resotircej
Eypended
Balance at
31 Mar23
Unrestricted ￿ndS
Expendable endowment
23,632
3,456,463
251,500
258,360
16,772
3,456,463
Total
3,480,095
251,500
258,360
3,473,235
Analysis ofFiindy Movement
Balance al
IApr23
IncomiF7g
Resources
Resources
Expended
Balance ol
31 Mar 24
Unrestricted ￿ndS
Expendable endowment
16,772
3,456,463
266,500
280,435
2,837
3,456,463
Total
3,473,235
266,500
280,435
3,459,300
The unrestricted funds are available to be spent for any of the purposes of the charity.
The expendable endowment produces income in the fonn of interest which can be spent for any
purposes of the charity.
15

GRAHAM ROWLANDSON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
At 31 March 2024
12. RELATED PARTY TRANSACTIONS
Richard ￿?harn St Jolm Rowlandson, a Trustee, gifted the shares which were subsequently
exchanged for loan stock in Rowlandson Investments Limited, a company in which the trustees,
Richard th7ham St John Rowlandson and Edward Thomas Morton Rowlandson, are directors.
Richard Graham St John Rowlandson and Edward Thomas Morton Rowlandson are directors of
RO Trading Limited which provides administrative support to the Charity.
The following transactions together with balances outstanding at the end of the period, oCcU￿ed
with companies under common control.
2024
Balance
Ouislanding
Value
RO Trading Limited
RO Trading Limited
Interest on loan stock
Donations
174,196
92,304
2,752
2023
Balance
Outstanding
Value
RO Trading Limited
RO Trading Limited
Interest on loan stock
Donations
79.617
171,883
16,687
16