THE ROWSE FAMILY TRUST
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds increased to £4,237,111, supported by investment gains of £320,198 and incoming resources of £130,632. The trustees confirm that the trust has adequate resources to continue operations for at least 12 months and considers the going concern basis appropriate. Total charitable expenditure on grants was £256,250, funded by income and investment performance.
What the accounts disclose
“RESERVES POLICY The Trustees are aware of the requirement of the Charity Commissioners to review their policy on reserves at regular intervals and it is current policy to distribute an amount at least equal to all incoming resources less investment management and governance costs.”
“8 LOANS These represent loans received from various family members. 9 RELATED PARTY TRANSACTIONS M J McAllister is a partner of BDO LLP who provide accounting and taxation services to the Trust at normal commercial rates. The total charged for the year ended 31 January 2022 was £6,250 (2021: £5,640) (including irrecoverable VAT). - 11 -”
Trustees
- BRIAN HOWARD BUTCHER
- RICHARD MONTAGUE ROWSE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £118k | £404k |
| 31/01/2024 | £128k | £248k |
| 31/01/2023 | £122k | £323k |
| 31/01/2022 | £131k | £309k |
| 31/01/2021 | £165k | £229k |
Common questions
Is THE ROWSE FAMILY TRUST financially healthy?
The accounts state that unrestricted funds increased to £4,237,111, supported by investment gains of £320,198 and incoming resources of £130,632. The trustees confirm that the trust has adequate resources to continue operations for at least 12 months and considers the going concern basis appropriate. Total charitable expenditure on grants was £256,250, funded by income and investment performance. Its FY2022 accounts were independently examined.