The ROSL Foundation

Registered charity 306095 · accounts filings on the Charity Commission register · also known as ROYAL OVER-SEAS GOLDEN JUBILEE TRUST, ROYAL OVER-SEAS LEAGUE GOLDEN JUBILEE TRUST

Latest income
£236k
Latest spending
£174k
Registered
1964
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit of £449,770 for the year ended 31 December 2022, driven by a loss on investment assets of £117,824 and charitable expenditure exceeding income. Despite the deficit, the Trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with total net assets standing at £1,878,786.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £196k)
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at 268, 400 (2021: F23,261) - a level equivalent to at least three month's budgeted expenditure. — page 8
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to ROSL for heritage projects (staircase repairs) and music prizes/scholarships distributed via ROSL.
Expenditure paid by the Trust to ROSL in the year was 96,000 (2021 890,000) and grants of F135,000 to cover repairs to the heritage staircase (2021: f45, 761 to cover improvements to the Princess Alexandra Hall).
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2020)

Total income
£567k
Total spending
£239k
Reserves (reported)
£25k
Employees
0

Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Antigua And Barbuda · Botswana · India · Kenya · Namibia · Pakistan · Solomon Islands · Throughout England And Wales · Zambia

Income and spending

Financial year endIncomeSpending
31/12/2024£236k£174k
31/12/2023£127k£209k
31/12/2022£97k£428k
31/12/2021£166k£271k
31/12/2020£567k£239k

Common questions

Is The ROSL Foundation financially healthy?

The accounts state that the charity reported a net deficit of £449,770 for the year ended 31 December 2022, driven by a loss on investment assets of £117,824 and charitable expenditure exceeding income. Despite the deficit, the Trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with total net assets standing at £1,878,786. Its FY2022 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with The Ross Foundation.