WHITE ROSE
White Rose is a charity working towards the prevention of genocide and mass atrocities. By generating income through social enterprises and fundraising, we enable Aegis Trust and organisations and projects that partner with Aegis, to undertake genocide prevention work in five areas: peace and humanity education, trauma healing, care for survivors, advocacy and the preservation of memory.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £101,697 for the year ended 31 December 2023, resulting in total unrestricted funds being in deficit by £261,066. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to the significant impact of the cost-of-living crisis on its trading subsidiary, White Rose Trading CIC. Despite this, the trustees have concluded the charity remains a going concern based on a recovery plan and cash reserves made available by directors.
What the accounts disclose
“these events and market conditions indicate that a material uncertainty exists that may cast doubt on the Group’s ability to continue as a going concern.” — page 6
“This includes through trading subsidiaries including White Rose preloved fashion shops, operated by White Rose Trading CIC (“WRT”), and Champion Humanity Enterprise Ltd (“CHE”)” — page 4
Year-over-year changes
- Employees paid over £60,000: 2 (FY2022) → 0 (FY2023).
- Going concern: no going-concern doubt (FY2022) → material uncertainty (FY2023).
Corporate structure
- Trading subsidiary: WHITE ROSE TRADING CIC Companies House 09899636
- The accounts state the company generates surplus to support the parent charity (Aegis Trust), but no specific intra-group transaction amount or balance is disclosed in the financial statements.
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Dr JAMES MICHAEL SMITH CBEchair
- STEPHEN NEWELL
- Steve Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | — | — |
| 31/12/2023 | £2.9m | £3.0m |
| 31/12/2022 | £2.9m | £3.0m |
| 31/12/2021 | £2.0m | £2.2m |
| 31/12/2020 | £1.7m | £1.5m |
Common questions
Is WHITE ROSE financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net deficit of £101,697 for the year ended 31 December 2023, resulting in total unrestricted funds being in deficit by £261,066. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to the significant impact of the cost-of-living crisis on its trading subsidiary, White Rose Trading CIC. Despite this, the trustees have concluded the charity remains a going concern based on a recovery plan and cash reserves made available by directors. Its FY2023 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FONDATION CHANEL | 1 | £1.2m |
| IRWIN MITCHELL CHARITIES FOUNDATION | 1 | £189k |
| THE RACING FOUNDATION | 1 | £116k |
| THE DAVID AND CLAUDIA HARDING FOUNDATION | 1 | £100k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £51k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £50k |
| The Trevor Hemmings Foundation | 1 | £30k |
| LORD LEVERHULME'S CHARITABLE TRUST | 1 | £25k |
Charities like this
- WHITE ROCK ROSE LIMITED
- ROSA FUND
- THE ROSE ANIMAL WELFARE TRUST CIO
- THE ROSE PATERSON TRUST
- AEGIS TRUST
- THE ROSE MEMORIAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WHITE ROSE | £2.9m | — | 0 | unclear | — | material uncertainty |
| WHITE ROCK ROSE LIMITED | £191k | — | 0 | unclear | — | no doubt |
| ROSA FUND | £1.4m | — | — | above | 4.6% | no doubt |
| THE ROSE ANIMAL WELFARE TRUST CIO | £247k | — | 0 | unclear | — | no doubt |
| THE ROSE PATERSON TRUST | £304k | — | 0 | unclear | — | no doubt |
| AEGIS TRUST | £3.2m | £90,000 - £99,999 | 1 | unclear | — | no doubt |