THE ROSAZ CHARITY
Relieving and assisting children and young persons resident in East and West Sussex who are in need of care and attention by reason of being deprived of a normal home life, with a preference for girls
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?
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. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M O CHARITABLE TRUST | 1 | £1.2m |
| BEAULAND LIMITED | 1 | £85k |
| YEMIN CHARITABLE TRUST LTD | 1 | £32k |
| LANDAID CHARITABLE TRUST LIMITED | 1 | £30k |
| TIFERETH BENEVOLENT FUND LIMITED | 1 | £15k |
| ADENFIRST LIMITED | 1 | £12k |
| SABENO LIMITED | 1 | £3k |
| DENCOMMON LIMITED | 1 | £3k |
Charities like this
- THE ROZAC CHARITABLE TRUST
- INSTITUTE OF CHARITY
- THE SISTERS OF THE POOR CHILD JESUS
- ROC SOLID
- CHALONER CHILDRENS CHARITY
- ROSECARE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROSAZ CHARITY | £105k | — | 0 | unclear | — | no doubt |
| THE ROZAC CHARITABLE TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| INSTITUTE OF CHARITY | £1.2m | — | 0 | above | — | no doubt |
| THE SISTERS OF THE POOR CHILD JESUS | £295k | — | 0 | unclear | — | no doubt |
| ROC SOLID | £2.0m | — | 0 | unclear | — | no doubt |
| CHALONER CHILDRENS CHARITY | £161k | — | 0 | unclear | — | no doubt |