THE ROSAZ CHARITY
Financial health, per its FY2024 accounts
The accounts state that total funds decreased by £55,661 to £2,777,542, driven by a significant revaluation loss on investment properties that outweighed charitable income and gains. The charity maintains unrestricted reserves of £1,449,791, which significantly exceed its stated policy target of holding at least £10,000. The trustees confirmed adequate resources for the foreseeable future, indicating no material uncertainty regarding going concern.
What the accounts disclose
“The trustees are to hold a balance of at least £10,000.00 in reserve to meet any unforeseen expenditure.” — page 4
“During the year 2024, fees of £6,903 (2023: £6,000) were paid to Mrs A Hart, the Administrator for the charity, who is the wife of Mr A Hart, one of the trustees.” — page 14
Trustees
- CLIVE ANTHONY STOKER ACIBchair
- ANDREW CHARLES HART
- CHRISTOPHER CLIVE KEMPSTER BUTLER
- DAVID STANDING
- ROBERT JAMES OVERTON-HART
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £105k | £96k |
| 31/12/2023 | £97k | £96k |
| 31/12/2022 | £79k | £90k |
| 31/12/2021 | £72k | £94k |
| 31/12/2020 | £62k | £59k |
Common questions
Is THE ROSAZ CHARITY financially healthy?
The accounts state that total funds decreased by £55,661 to £2,777,542, driven by a significant revaluation loss on investment properties that outweighed charitable income and gains. The charity maintains unrestricted reserves of £1,449,791, which significantly exceed its stated policy target of holding at least £10,000. The trustees confirmed adequate resources for the foreseeable future, indicating no material uncertainty regarding going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M O CHARITABLE TRUST | 1 | £1.2m |
| SABENO LIMITED | 1 | £3k |
| DENCOMMON LIMITED | 1 | £3k |