ROSCA TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net incoming resource deficit of £10,219.42 for the year ended 31 March 2023, resulting in total funds decreasing from £779,041.74 to £768,438.55. The trustees report that the charity is dependent on rental and investment income to fund grants and faces market risks, though they note a high rate of property occupation and steady investment flow. The independent examiner confirmed that no matters gave cause to believe the accounts were materially non-compliant.
What the accounts disclose
“The Trust has reserves in order that any unforeseen loss of income from property lettings or unexpected Increased in spending on property maintenance can be met without excessive disruption to the flow of grants” — page 4
Trustees
- Anthony David Quinn
- CHRISTINE PAMELA STERNSHINE
- Judith Isabelle Bailey
- NIGEL JAMES GAYNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £182k | £201k |
| 31/03/2024 | £171k | £152k |
| 31/03/2023 | £161k | £132k |
| 31/03/2022 | £156k | £175k |
| 31/03/2021 | £151k | £127k |
Common questions
Is ROSCA TRUST financially healthy?
The accounts state that the charity generated a net incoming resource deficit of £10,219.42 for the year ended 31 March 2023, resulting in total funds decreasing from £779,041.74 to £768,438.55. The trustees report that the charity is dependent on rental and investment income to fund grants and faces market risks, though they note a high rate of property occupation and steady investment flow. The independent examiner confirmed that no matters gave cause to believe the accounts were materially non-compliant. Its FY2023 accounts were independently examined.