2025-08-31-accounts

Compaw registrati￿ n￿rthr 02733803 {ETh9￿nd arKI Wales) Charity regi5tratb)n nurnbpr 1013246 IEngland and Wales) OXFORDSHIRE MOTOR PROJECT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

OXFORDSHIRE MOTOR PROJECT LEGAL AND ADMINISTRATIVE INFORMATION Truste8s Paul gw8en8y carm￿ HLtchinson Nthas H￿deC￿l-WilkS sin￿ Ckn Senhy management Pe￿ Nlks Sle Dass Country of incorpor￿1 Unhe(l (Eng W31 027338D3 Charfty re9￿￿0￿ EtVJ1ar￿ and Wale5 1013246 Rogistor¢d offi¢¢ Red Barn Far W¢ veieote Oxfo OX2 8JR Auditor (>avira Audii LLP Fyst F￿. Park Cen 4041 Park E￿1 ￿el Oxford OX1 1JD

OXFORDSHIRE MOTOR PROJECT CONTENTS Pa9e Tru5tees' Foreword Trusl8es' rewJrt Slalernenl dtrustees. resrMMsl￿lrriÉs Indyndent auditrt reFYXt 8-10 Slalementd rin8￿1¥1 8CtMlies Balance sheet 12 SlaleTnentLlca5h knv¥ 13 Notes to the fnanual statements 14.26

OXFORDSHIRE MOTOR PROJECT TRUSTEES. FOREWORD FOR THE YEAR ENDED 31 AUGUST 2025 Ttms year has b￿￿ thminatBd by the Offval￿ the purtha5e of lawKI weTniSB5. The pressuTr6 have b8en otold. first Ihe [￿ana31 burden offinalL￿￿ IhÈdeal and ts)vthir¥ the ctssts d rthnnin9 permiscm arKI dewLS.' secoThl. the CEO'5 ￿pkI0a￿ in leading throu9h thesechalen9es Wh￿ loop. from day-to4ay OPe￿I￿nS. We are dFlighied Ihal. by Ihe wd ofthe year. the in a to tnBei finanrjal coln￿￿t[ne￿Is to complete the £1.1W.OW purthase and Se￿re p￿ni￿ perm gAon al a cost of £120.￿0. and Il had ts)nlinued to grov4 for another year Critical lo this Lknyds CoifKIer￿ m Ihe chafrty'5 finano perforTa1￿e. deThK)nstraW by 8 £750.￿0 l(Kn. We forward ) operatiTrJ fr￿ tKemises. vthicti wll indude lhera￿ulIC mental heallh suppori. As coMp￿te the ￿t￿ntS fr￿￿￿tiry. charitys exchange ofthe knd at the end ￿thEca￿￿aryear 2025 was forrnally cornpleled In May 2026. Revenues rose fron É 1."31.619 to tl.265.304. Whi￿ stLlent wmbers 5￿Wed 5krnikr growth to theprewrAJ5 year. ith tn(Ke e0tnp￿X cases underiaken. ￿5￿1￿l¥j In ￿￿Jheffeve￿B perknl. pl￿ lo mcrease tr nun¥Jer¥M qU81iftslKwBofTNts has paid¢ff. kyovidity gr881¥ fi8x1￿lIty. eX)and￿ vffjrk complex cases uS￿q 1hwy.led S￿u￿S. the tharity has s￿r￿tt￿ned ils reputation lar Irry)roviTrq the livesol s(xne of the most di$8thfanlaged Y￿n9 pg)p e In Oxfordshire. T staff have been. a5 in wevi(MJ5 year5. excdknt in wotssDpalNn. We ￿n￿nuel0 iTNest in thi￿ prot&tith traiTNr¥J Ènd devek)ptneTrl. B5 e¥￿en￿d by Ihe pu5iliYe wloryne5 SCI￿ ￿￿￿lat￿e viyis and Ihe ccJunrAf5 rewew of our processes. raLKtit ofchld proled￿n 0￿rat￿nal r￿￿ed 17vJh waise frixn Ihe Rwer LeaTnng Trust CKC. wh TK) areas of conceffl Idenbfied We al80 note thalthB charty pFJvid85 over 20.C(lJ he rneals for youry p90p￿ and staff. incl￿1￿9 breakfa. siudeni meas. and outreach famity. meats. thai wrkt¢hens ￿3￿ eamed a 5-siar raiiiYJ. on￿ agah4. we th￿k Ihe chanW5 friendsf0rthe￿(￿￿ry supFx)ri. We VIe￿£speCialty sleased lo be the charty aflhe year and to host wsils frLYll the High SheDffaT￿ L￿Ule￿an1 We wouk like lo ￿c0￿￿58 th2 specthc SUPPLYt frotn Louise Upion. Ihe Lwd bAayor. Her bathrg led to svral sign4nt breakth1tyJ9￿ in secwill9 w pariners Nico￿ts HaLwJB¢ueur-Wlks Doputy Chaivman Date." 27 May 2026

OXFORDSHIRE MOTOR PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2025 The trustees wesenl Ikpir annual atKI Ina￿la1 f￿]heYear￿￿ed 31 Augu612025. trust¢es who orc also direclcrfs of Ihc charily fort purposes rfth¢ CcffiFoThes Act p"esent their report with trc finanoal sta1￿￿enL% of th&¢hanly Iw the yeat ende¢ 31 A￿$1 202£. TfMI irusiee$ bave adopted Iheprovisiwsof AcLounting and Reportng by Chantes". Stat&TEnrol RexrnfferKlec aWThbleto charihes wepariry ther accourts 8ttordante with the Fin8Dtyal ReKYtiw srKJ¥d applicth th the UK of Ire&nd IFRS 1021 leffethve 1 JamL￿ry 20191. Objedines and a¢ti¥th"es T obiettives oftre c¥ity we". To advan￿l￿e educabijn tra￿1￿ ofy0￿￿ uThrlhe3pof 20 year5 K> orw￿>se parent5 rpside oxfordshi￿ and Ihe surwnding e8 a¢ Stru9Jhry iltt maMIslie8me￿[%l￿ Of ￿te[[￿ educ8tK)fj provision. In addition. the Gharity lakes on youru peoFAe ￿ crcutrthl￿e& create terKIenc￿5 Ii)wards offen￿S so that such youry peO[￿e may 9ro 10 ful maiuiity as d nth￿r$ •)d becfme bener equipped 10 t8ke 8 useful 8nd responsible place In o)rrnunity Public benefft T LFwiily ex￿1$ ￿ sr¥e a ywrwj wx¥J. aLwhaLny ftyniabvtr ￿171￿$ Df trwii livei. io augrnenl the resour￿5 aValab￿ to tKDVKle appr(yiate of LJe awNJ SUPkK Tw trustees confirrn th31 they haye tXAn￿led W￿th il Charils Act 20[￿ to hwe due regard for th8 commis￿0￿.5 guidance on public benefrt. Achievefflenls and perforTnance Ir IhB year, the nurrthrof 5tuthDls a¢￿￿rat￿j akw5'dg itl staff ￿ thB tviutE. This YEar￿ xcountsdpmn5tre the ability io delNer'ully Wilh increased reve￿eS and a Stro￿ co-tiibution io r2seNes Costs have increased in line with Ihal growth, e5peJally quality staff. aswe for20W6 The fLYecasil¢y 25126 Sh￿ fLrfher increase5 In siudenl numbers. A rnaior athevement dunng the year has been gairing he ￿nIr0 pernssion on the re¥4 premises, and. as w2 write this report. the exchange in 2025 and COmp￿￿cn In May 2026 T￿S ￿3S been an expensive and ￿ngthy10uT￿eY Sin￿ being oufied by our Landl(rt that they tK)I rerbew th8 contraGI alts Gharty's cutrenllw8tiDn. 11 is a Credit to ihtr ta￿ ltsl they havo m8gFd 8bgswJ& rapMI 9￿th. Tf trust8e$ Llv• thii th& ¢harty remains In a strw tw)thon ￿ mB¥tlh8 £allW o( its eore wortt. which 1$ to provid Icreasing wpwrt to yourvJ peO￿e ￿ are hb-risk aThJ vulwa￿ vAthin oxtords￿re. Th s myolves offering h￿1￿¢ SUPPLYt Ind 51ructured vocal￿￿31 cour5estrW. to w￿se0 qua ￿ati￿s. Akry￿de grthmry nurtErofstudents. Ihe first apprenbceships wère successfulty (Lttyleted. (heap￿e￿￿e nw)ved LYI to fulPbrn8 empknym￿t outsKle of the charity. and snothér In thè prts)rammé Ig ntrernployÈd ￿ a fLIII.timè lutN in Ihtr wOfksFK Financial Yeview T￿ trustees have revM¥ed the finat¥iai èi IhÈ ba￿[￿ sheÈidate and are rJxrfKJenl tti the charity ￿M￿n$ sta￿e with foreseeable revenues. They beleve thatlhe strategy i￿￿ernErted overlhe past five ￿anD31 years Is effecbve and genetabn9 ieliab￿ Income. along'Nilh [AaThnE￿ growth In s￿denl inLTe8$￿ diyetsity. lorecasi stsled growthwwkl t* atheved Avgusi 25 TThe trusiees can cty)fimi pbrs in pLgce lo achieve crowth mel and the k￿g4eTrn fryecast i% forlhal gro4Yth to C￿ntse intothe Year￿dir0AUg￿sl26.

OXFORDSHIRE MOTOR PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 T￿e firbanaal stalemenis have been prepared on a g(xrvJ co￿e￿ basis as the trustees halfe a5sessa1 Ihe pO￿tOn and have o r￿0￿ to bel￿ve thal any tnaiorial Unc4￿nti￿wo￿kI atfgdlh&atxlty oftho charity to conbnuo ss a g(xng canEgm for thÈ forespÈaLlp fuiurÈ T tnjstcts have consKle¢ed ne￿ 12 ftxyths rt.viewed ￿>$I-¢￿t w1s thaiperic in t￿[ 88sessmeth. SuFpMing Ihe trustee assessmert is Ihe ¥tMlily to selath (J)sts o- £338.000 fu part pa>Th¥i ollhe iAnd. which 1$ 8n eX￿PtiOnal paytneryl. The continued increase in studentnurnbers the n5rg dpmarKI fDrplxes reftecteconQ￿WeS of sca￿, resullng In greater rese￿e& ReseNes T ￿$¢1¥￿ re¢uires thÈ dwTty to hdd thtÈe bns tt ttrtal moDtNy sèw. HMRC a￿1 Èmploytrr staff pen51un conlribubon5. Cutr8nlly. t￿5 15 £240.￿￿1. As r￿￿t￿[ga￿Sa0o[￿. COVID-19 affect￿ the rharrty's knility to maintain thèr aTh)unt forthree yea￿. Hovmfei. Ihe chatyexceedeu tsl levd ol reserves dJnng lye perirA thrc4Jgh Augu3t 2025. It shoJld be Ihal ihe wessbres th move 10 rw ryernses in 2026 may put Ihat levd UThd￿ p￿$sU￿ again Hi)wever. budgets have tr￿en lully wo'ked tthwh. charity WAI exceed re￿e level in 2026 Plarrfs f¢rfwtyr• perlod$ Given the Irueasrg demand for(KJrservKes. ourplan r8fftains to expa1￿ ouroffenrw5 3rNI ￿￿tK)rbal u)urses lo 8chieve proven rp3ufts youTvJ ￿E0￿e. lr-.he teryi. ￿711 Indudp r2k)caliTvJ to new premise5. As we enter Ihe new year. our cash w$ilion remains slrcrg. supported ty re￿￿ n￿t￿$ ol ST￿ts IhE yea" and a planned gro￿ into 25126 and 26QT. We will also see ￿ arxeleralion oflhe momrwjg sc-erne. ch row supports sluder'.5 beyond their lit althe ch3rty as we w(yk to I￿p￿>Ve th￿retTI￿nt ttus wDgTamme. we will also expand the Épprpnbceship scheffle. T￿ long-ierm awroach olinw8tiThJ Men￿ hÈ¥th wiif, Vocat￿al$kIlls ¢ualifit3bons aM. (￿￿)81y I￿￿$$1￿) io furthw 8duc8tKM) or empioym8nl is 8 thai swiftsnuy impxts ycwrKJ K)pbs Ills a unNu8 apwoacb that other counties are Interested in repl￿allr￿ Ihrough the wi4ect- Stru¢turg, go¥omance and manag￿￿9n1 Oxfordshire Motor Project 15 regisrp(J underlhe Ad2(th as a u>fflpany Iimi*d by guaiarytse not having a share capitrl. Oxfor¢shire ProiKt 15 a reg￿@ as a liTrIt￿ cwpany ￿￿er ILS Memryandurn Prbcles of Associabm The charty regstration number ￿ 1013246 IEngL4nd wa￿s13￿ the cornpany registrdtion nurnber is fj2733803 (England and Wale51.

OXFORDSHIRE MOTOR PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 ReG￿tt￿lj9￿l aNMJ appoinifflenl oftn￿rEeS Thg TtU5Lees are a&0 the directors of Oxfordshire Motor P￿ie£l￿￿the wtw>se Ofcorn￿Y law. Effective Iruslee Tecruthent a structLKed. trawrwrt priKe55tO Pfe¥enl sfft. fvi from rdying solel eKislhng personal network5 Oxfordshire MDts ProJKt pjliwis io ctEatea dwrde t￿p￿)n (YJteNWectstiDT￿. tThB cl4￿Mitr￿erts, the specifr dutES rewired. We aJveriEe t￿0 inw mulrJpi? (Jwnets * affyact a ragtrof who r￿1 th8 rèqulyer￿nts. while cNlinuiry to support eqLity. Overw. ar￿ InCtss￿. BefcE the appDntmenl. verity Ihai car￿￿312S are legally eligib￿ lo seTve le.g.. over 18. no.. dwualifEd unjer the Charlies Act). Conduct ne1￿ DBS {D￿c￿sU[e and Barring Setvicel cheth5 If the ru￿ nvolve5 ly￿k1￿ with Vult￿ Trne[KI￿1Es. T Ghanly Idenbfie5 Ttustees frum all bvalks Dflifp. Ih05e whoapwath us or we appThch ihfr￿. We Gurwlly hsve professor. an Invemeni BankÈr. an FD. an Èx-Lord Mayorand inwtantyan eX-atter￿0&8$ 8 pwl 8iTr8x In N)e 90$ and now ￿PID￿j by Merwes A cgndidale may camefrorn a sp￿￿ sknll set ora kntrhl&ge and cthmmitment lo the oulcA)rne5. ce a &41d￿ate has been identified ￿ WOU￿ In￿te ID a Iru5tee by step￿r￿j outfoT sen￿tiVe or confidentid informalK)n. Th8 trustse5w￿Id take a vote, arKI a mar￿tyVIyjL1d Izrry adraft (yjknmp. Ch8dt with the carKI￿ale rf they h to prceeed Complrawe Checks, IncKJdiro DBS arrtl ofinlerestttecs Letter Irotn Chair confirtrwrw reqUirerr￿LS arKJ tsrnesra￿ i￿.nY a Ch￿tytrL.Stee- cha.ty ￿fOr￿ation pack. Included In Ihis pack are the crit￿al <kKurw.5 tratwi read an(J U￿erstL￿Jd As partol the irainiry, the tmstees wil bè 4uEzett Dn t￿r UrwjerstÉndi￿ arKJ bt 9Nen a full sel as a referertt pc4nt Compide lh& CDmpans House De¢l0rarw￿tr￿fi1thl￿ finaty enswng apptsnlffni has 18n looged on ih ch8rty Ylthite. During this proce55 the candidate W￿￿k1 5peDd dai5 at the thrity ¥￿tneSS￿9 the wark thal 15 G4tripd <)ut in PErJon by the timÈ IhÈy arp confi'mÈd as a trustee wobkl I￿ thÈ of thanty. yanisaifonalsthithu O¥er211 re5￿n￿bl￿fCr the Ch￿￿S t[￿￿ger￿ent reslsith Ihe of Twustee5w￿ ￿50 the direoors. The select￿￿ oftruslee5 Is deslgned to supp￿￿tthe skills atKI expert￿eorkne Bo¥d and Is gDveTned by an ￿f0[r￿al skills a$8ossmeni Reportlng Ilne 202512026 Chairol Tru51ees vote rf no ￿Ority de￿￿￿51. Ttuslee5 Sliategy Is deyeb￿l ty the Trusiee5 the CEO Th8 CEO tyrts to the TrLLslees atvj has direct li￿ tesw15ility FlTraTr￿. HR. LW. Cott¥lk?nce and SludBnt Perfowrnanre within the reporting line. T COO reports lo Ihft CEO ha5 di￿1 Ip5F￿51￿I1ty tsy-tTrdayopBtLu￿. SILKJBnl Itth. and Risk AssessTneni3. Icluding liasing ith SEN offttrs se￿Or Managernent Rde reports to Ihe CCK). bar Iwo. retx)rtsdr&ty io kne CEO. twjt IHse5*h Ihe COO from time io time Tdlors, TAS, ReF￿ dirpc lo SenK)r Man￿er5

OXFORDSHIRE MOTOR PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Induction andlrainiwollrustegs A comprehensive Ind￿J0￿ arKI devekyTrentptwram ensures trustees understand their re￿nsi￿lrt￿5 atKI can CDntributg qJIc￿Y Pruvith now trustgoswth a wYlcotn&pa( (xjniwing kgy 9Dvorniny d[￿um￿nIs. rgEant finanial statetnÈnts, 5tralpgic pL3ns. d the Chanty CoTTrmSSth E5senti rustee (￿￿lan￿. In a[￿rt￿n. arrange tyÈÈlinys bvilh kty aff, thp CFkyir. and ex￿11￿9 Lwjarf lo gain insighl IDIO operatiu￿ atvj bO9￿j ¢ynamics. Trainiry ft)rtntstee5 is Iden￿fi￿ a￿1 offere(l. AJI are dthbuted lo trust￿5 aMual> R￿k￿e￿ie￿ TTrp trustees rewew, OD an annu ba￿5, the the d￿rity to enwrethal it hH5 sufficxenl re50urTr5 in the event ofadverse condthons. The twste85 have exafflined ￿e0￿a..vjnal ￿￿n￿55 nsks which tr￿9 tharity faces and confirm Ihaithey are satisfied thaisysierns and ¢oniro&are e$￿￿the￿ over W finanoal systems to ￿l9alea9Y 519nffiwl Ilsks. Trt main nsks farill9 the cwty wlve wna9ng ￿6ts ¥wsu5 dwand. The trustees rwnise th il is control expenses re￿Ied lo infrastrudu thL￿ ansing frorr iTrJeas ngs'.udenl nLWrt)ers gr￿V1h LS adv3ntaJeous, uncontrol￿¢ expansion 15 ml desirable FurtFerTDore. l￿ellUsteeS that TiSing ￿tL￿P￿t nurnb2rs and revenue make essenrwl lo have thety)ffeJ ty9anisaliw81 pla¢e re9¥diry oper8bons. g0veff￿r￿e. onwin9 overs￿h1. F lh8 new premises wll be a pr￿ty ￿ Ihe next fiT4ryrK￿I y￿￿[. A Thd4erm nsk rnay ￿e from gtyotrnnnt [￿YeS lo ￿ wayscWs NwJrodw5ity, SEN. 8ré those with EHCP5. The CEO bew to develop the tAans. w>st year e￿Iry 24r25. loe1￿￿e Ihe chanty is ¥vrth this change by Introducing 3-rnonlh short-￿r￿ FrrNJanmps 10 sUPtKKt sch(th ¥￿th YOU￿ peoplewho still Str￿gle att9lldan￿. Increas￿ experience and S￿lS ￿ the14)eul￿ aTht rnenU heatth capW to supp(Yt those ￿troM a Scho￿ cannot copÈ with. Increasing ihg cvurses forallernabTrra 5klL3 devthpttw Introduction ofASADAN CCLYses fort￿ p￿ 14 outsits the Cty and Gulds rngraMe. An effecbve & S￿991e ts provide IL Young peop￿ 3tteTwJing charitses that olfer"a FA3￿ wth(XrtFKDfeSs￿al ddNery a￿ expeDeThiry a decline in d¢Mnand. Audltor In accordance the cornpanW5 art￿￿s. a resdution prOF￿ry Ihat Gra￿ts Audit Oxth LLP be reap￿Inted B5 ouditorof the corDpany will bp pj at a Genwal Mediry.

OXFORDSHIRE MOTOR PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Dis¢lo$urgof infonnalion ts oyditor Each of Ihe trustee5 ccnfitrned that there inforrrwtK)Y (rfWh￿h they are aY43re 15 relevant to Ihe audit. of which Ihu aUdItr￿ unawsrB Thoy furthw confir[[￿d Ihalthgy lak&n appropriaie steps io Idonbfy such rdevanl formalion and to est￿lsh Ihaitbe audrtrx Is aw¥e dsuch 1rthTTTt￿tt. chaDly Is ￿•stered svilh ihe Charity aDJ C¢mr*nBs Hcwso as OAf(Kdshir8 Motty F¥oe¢t is Commfy) referred to by it5 Stakehakler5 as TRAX Moter Prowt T￿5 rwort has been wepared iry accordancemth Ihe pro¥751￿ of Part 15of kne CoMpan￿sAd2[A)6 r8latiry to small (x)rnpanie5. ApFmved by order ofthe board O[trL￿leeS and 5bwed an ds beh4fby. Nicolas HaLKlecoeur-Mthks Trustee 27 May 2026

OXFORDSHIRE MOTOR PROJECT STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees, wtK) are asD the direLx5 of oxf(Xd5h￿ [¥(1￿1 foTlhe PWPD8e olccTryanylaw, are resp(￿SIL￿e ft prEpanTh9-￿￿ Trustees. Report 2nd tr fir￿1¢￿￿ Slate￿￿lS n accor￿￿ wth ap￿￿12 lav4 aThJ Uniteé Kin9dom Accounlin9 Standards lun1￿ GBneraly Accepted ACC(￿ntIng p￿11¢•). Company requires the I￿SteeS lo ple￿re fn3ncal staleThents finan(Jal year%¥hth 9ive a true lair wew of Ihe 51alp of afairs of ITe chanty and of ihe TE50Lwces and of re￿Irt￿$, including the irFCOrn ènd expendiwre, of the ¢hwitabk ¢crfnpanyfor IW year. In wep¥ing these finar¢￿1 $￿tements. th8 are reqwred ts) - select suitable ￿0Until¥j atKI then awty therTr wnsisienly. -rA)SÈTVÈ IhÈ melhtJsand In Cati¢S SORP." - ￿￿kejUd￿Menl5 snd esknrnaie51FHI reasotth and prL¥J8nL" - stale whether applicab￿ UKAccountirvJ Slahlarts ha been folkyl￿d. Sub￿ to any rnatenal departures di£c105ed and explained In the financol stslements". ar - Nepare the financial slatements on Ihe go￿ basis unless il is to presum8 Ihat the charity Mll continue in operalion. trustees are res￿n￿b￿ for a(lequale a￿A)unti￿J rec￿￿5 thard￿￿OSe￿th rea￿)nable al any bme the finartyal P￿11￿￿ of thè tharity pf&bl@ ￿Th￿rÈ Ihat th8 [nar￿ tompty ￿￿1 the CompM8g Act 2LNb. TTr2y also reswnsible for safe4u3r(ng the assets oflnE cJ• ar#1 frn￿ lorta￿TrY Teasonable 5tep5 for Ihe prevent￿￿ 8nd deie¢tion ¢f fr8ud and itre9u181ileS

OXFORDSHIRE MOTOR PROJECT INDEPENDENT AUDITOlfS REPORT TO THE MEIABERS OF OXFORDSHIRE MOTOR PROJECT lon We have aLKJrted the financ￿1 Slatemenls of o￿OrdShIre M(knT Proiectllhe chanty'l fiw Ihe year e￿e￿ 31 August 2025 which comprisg IhB ol financial aCkn￿L@S. thB baanco St￿ Slalgrnent ol cash flDWS and nulgs io Ihg finantial stateTnÈnts, including sgnffjrAnt accounting ￿￿KIes. The fina￿la twrting fr¥rpw¢Mk that has been applEd In Ihpir pr8p3ralv)n 15 law Unrfgj s￿[￿jardS. IDL4Jding Fitkino4 RBPQttsng Siandard 102 The Finan￿al Reporting siantsrd app￿tsIe in the UK afidReW￿ (Untec lQry(k)m GenerallyAccepled AccDuntirvJ pr￿e). In ￿r0E￿￿K￿, the StalP￿￿ts". give a true and fair vi&Y ol the state ot ￿ett￿ritaL￿e ujrnpanls atrdirs as * 31 August 2D25 and of its InLxJrning re50urtEs and re￿)ur(￿ Inthditwj 15 I￿Aj[ne Èwervjtuie, frwthe year ￿en£￿ed,. have tr￿en prepaTgJ in acco[dan￿￿11h ￿NAdoM GptTalfyf A(wted AuyJunlvvJ PractTr." have been in aGuwdarKxwith the requrementsof the COrnPan￿ Act 2￿￿. Basi5 fDropinion We rxJndu¢iÈd aud¢ In accord￿ wth In￿rr￿tKI￿aIS18￿a1tts ￿ Audthfvj IUKI IISA¥ {UKII apphcable law. Ouf 1È8FxxNblib&S md8r those siaTrlards e further de￿ribed in trye Al￿110rs￿¥￿￿&lwh￿s forthe&uthtoflhe financ181 SlalFmtrnls dJon 0f￿r rep¢wt. WF artr I￿￿￿e)￿nI ollhe ¢harty in a£rottJance ￿th the etr&al requreffnts thai are relevant t¢ wr aLKlit or￿e fina￿101 stareThEnts in the UK. indudinglts FRC'S Elh￿l Slandard. and we have fuYld wr other eLry& ￿SponsIbl111￿S in 3ccorda￿e wth these requi'ements. We b￿￿¥￿ thal the audit widen￿ we haveoblain&J Is sufficient arKJ appropria'.e to provide 3 basB lo". ourop.twn. Conclusions ￿lating to goin9 ￿nCern lft èudrtiDg IhB financial siaietnÈDts. wp havÈ c¢￿t￿ldedthèt ihe tnJstÈes' use of ihe goiNJts)rteTn b2sis of ￿1ntifVj in tr prEpara1￿￿ ol the [￿a￿al siaiwTr8nls r6 app￿￿818. Based on'.FE waTk we have perfoirTred. we ha¥e ￿e￿Iffied naleri4 Ul￿erta￿'.￿S [￿ati￿ to events or conditi￿5 that. diwdualy or cdlectivdy, Thay cast SW3n1r￿n1 doubl on the chffj'S3Lylty to contnue asa wing concem a perK)d of ai leastlwdveThontrsfiorn when Ihe financial slaterrHts ate auth0ri5ed lor Issue. r reSpOn￿bill￿e5 ar￿ the resrx)rtybiliknes olthe Wes ￿th re¥ect io g￿r￿j corKern ￿ dewb&l in Ihe relewant sections d this rep(wt. Olh•r Infomi8ll•n T other Irrforrnal￿n QJTDprises inforrnalKJn in the anrwjal rppJqolher than the fi[wG￿l staiemBnts and Dur sudilorfs repcrt Iheyeon. The trustees are res￿￿tr￿e kne other infCMati￿ [￿int￿lled annual rep￿. ￿raphYlOn on the fina￿al statements (knes wl J)ver the info-maioi and. except lo the er.enlothe￿iL%e eKplioUy staled in our report, we dD n(rt expre55 any fotm of assuran￿ c(ndu5 an thereon. Our re5pon5ibdity 15 to re& Ihe olher infortnation and. in oing so. consider whetherlhe other rformalon 15 Materi￿ty incfjns&enl wth thefitwcwl sla".ements our knowwe Obtainèd in the Of lThè s￿11. gr Othetwtse appearsto L Ma￿alY ff we ￿e￿1rfY su¢Th material licon￿sten•es ￿ app￿1 trLenal mBstaiw(erits. we ¥e requyed to ¢erenThne fftltter IhL4 gi¥es rise ￿ a matsri mis51atenEnt In the finaFKial stalernents ttrwnselves 11. based on tre work ￿ have p¥fatmed. we c￿￿de that th¥e is tnalenal t4isslatetn9nt ofthis o'thei mfiwmalw. we a￿ required lo report Ihal fact We hav& ndhiry ￿ rerK)rt In ths W. nl¢)n$ on other maners pres¢rlbed by ts Conwnles A¢t2006 lry our0￿￿￿￿). based rm thtr wo'k ufhyertaken In tre oftsji ￿dit Ihe informab.on 9ven In the Iruslees, reFKKt 1(Ylhef￿8rQal Y¢arf￿ the r￿gn￿al s181emEnt$ 8re wepared. whith includes the direGtor5' reryJrt prepared fDr the pUl￿Se5 of ujmp￿Y kw. Is congstent ￿fjth kne Iinancial state￿ents. and Ihe drectors. reFX)rt Inckjthlwthin knetru51eps' rewKt has been prepared iy accordance With applicable legal regul￿rn￿nIs.

OXFORDSHIRE MOTOR PROJECT INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF OXFORDSHIRE MOTOR PROJECT Ma¢¢ers ¢)n which w ar¢ to ropwt by $x¢eplion Ip the IvJhl of the knowedge and ￿￿e[st￿di￿ o'the ch￿ry and rtsenwrorwrenl (kntain￿ In the of the a￿lIt. we have not ￿￿￿t￿l￿d matgria dirBci(xs' rep[￿1 Inc1￿1￿d withir. thB trUSt￿S. rwrt. We have nfthin9 to report In respect oftt￿￿￿ThY mattws in iel•)n Ccmnr￿rnes Act 2￿6 wuires us to r8port lo ytyJ If. in our winw)n-. adequate recJ)rd5 have rh)tbeen kept. ty reLYn$JeqL48te aL¥Iit have ￿(beeTh received from branches not visite(I by us. the f￿anC￿al state￿ents are ￿1 in agr￿rnent ¥thlhe ￿J￿hr￿j reuKds rettIn￿". or rtan discknsures of trJStees' rerNnelatN￿ specfied by La¥Yare not m." or we heve n(rt ieceNed ali Ihelnf(Ma￿ and epaiiws * r84uirÈ Irour audit." Ihe Iwsle88 were enliued to the fina￿31 5tatetnenL3 in a4xoTdancew(th the ￿all coTnpanvas fft9TTr8 and takp i(jvAntA￿. nf fhp. %mall (XjrnWS￿. PXPrnNk￿q wl P[PpAri￿ thJ%tRp4' rpmrt And Imm thp. ￿.0111lp.rPP￿t In ewe 8 strateg¢ repo R88ponwbliti68 Of tru$t••s AS exlainod mce ful y If'.he st¥i•wl ofirusbes resp￿￿111￿& trtfLLes. ar8 aso the dircicrfs ofth?¢harty f the purpose of coTpary Ldw. a￿ res￿S￿e the ￿eparat￿ of the fnanua ststement5 and for beinq satisfied that Ihev oive a lyue and f¥ r VEW. and ￿￿￿jCh inlema eonl'd as the trusree5 determine is r￿ssary to eftab￿ preparation of finanaal Stat￿￿entS that are free fri)m fflatei￿ m s5tatemenl. Whet-￿ due ts fra￿ or eircf. In prepanrvJ tre financial sLatetnents, ihe trustees are resp(r3ible for a￿sS ng Ire thafitys aL¥lty to c¢￿lInue as a g(Mng concern. di5ckNng, as 8ppli¢abÈ, mattets rd8ted lo wn9 ¢tyKem 8r¢ usr9 9tyr¥ ctycem basts ¢f8ccoJntf9 urless IFe tru¥eesertheY intend to l¥iuidatfy Ihe ch8nlable coryany ￿1￿CeaSe Werall￿￿. or tsve ￿ reak"allernative to so AurJit17r's vpspoThsibiliqs foTthE auditof t1￿ financial 8lalqn (hJrobiecti¥es are lo obtain [eas(￿aL￿e aSsUw￿ at￿￿￿e[the￿[WlCK￿ statements as a wh(Ae afe free fvom material missiaterreni, whelherdue-.o Iraud oi err(. and Io is￿ 8n 8Ltitorfs repM 1481 if￿￿e5 cur opiion Reasonab assur¥n P3 a high levgl ofasswdnce but ts not 3 gu¥￿188 that ￿ a￿￿11 accorda￿e vAth ISAS IUKI wll al4¥ays delgct 2 material miSStstemÈnt when It exists. Misstamentsean arse triTh Ira￿ oreiror and are Crjnside￿d rnaterial if, individually or In aggregate. thEy cwld re15(ww￿Y be eX￿te(l tr> •ifiW￿ ec(wThc ¢eTrsior6 oftysers taken on basis of these financial slatetnents. exienl ID wr pr(KedU￿ are (%patrle ofdetechrKJ iwrpgulariiEs, In￿dIr￿j tra￿1. is detaled bplow. the engagement ￿r￿2. ensured that theengawenl tearn cdeciNety ￿ the 4)Txcpriate ccffipeten￿. rapabililies and 5ki115 to Identsfy{￿ reC￿nIse a[pIca￿e Laws aTh1 regUL￿t￿." we identsfied IhE and re9￿at￿n5 Kable lo the cryDpaty thr(wJth (1x￿5￿1￿5 4vth and otrÈr maiagement.and trom Djr krth￿ety ar￿ eX￿en￿.. we fo¢vsed specrf¢ laws ar￿ regu ctnsijered may h8 a dir￿ mat￿181 efftrt ￿ the rnam31 ststements or the operabons oflhe corrpany.. we assessed the exlent of Corrrf)lran￿ %vitr the laws reguakns ￿entIre￿ atx>vetrrouth rnakin9 enquilies of Ma￿geMent and Inspettiry k9al ¢(fftSPthd￿¢e ¥Yh¥e applitale." and K1eriifieLI laws and ￿￿lahOn$W¢re communicated Vjithil the audit t￿M rEguLly tsam remaiied alert to Insranees al nc)oompitsnce thrwwt tr,e a￿￿11. We a$5e9SEd th$ $usc¢pbbility ol ￿ Convan￿ financial statenwtsto malwial M￿91￿me￿L I￿￿ling oblai¢¥ng 3n underst3ndirvJ ot kKrw fraud rnvJhl (Kxur. br. making ￿QUi￿S ofm8na98tt￿1 a5 lo whtTe Ihey tfr8 was s¢*(thbilrty io fr8ud. t￿r kntrfvledge ofactual SLtspecieO and alew Its￿￿.. aTrJ ¢<wderng trt Intemal ¢ontrd5 ki pl¥e lo rn￿g￿e r￿k$offr8￿ r￿n<¢M￿lance ￿th 13w5 regubtiorts.

OXFORDSHIRE MOTOR PROJECT INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF OXFORDSHIRE MOTOR PROJECT To addie5s the risk offraud tlwuugh rnatwrnBnt L¥a5 ￿￿1 overrwjeof we." Pgrform$d analytical proc4dure5 to ¥Jwlrfy any unusual or ung¥pected fglaknships.. lesled journal eniries io Klenlffb. unusud transactions.. assessed whelherju(JernenlsarMI a5suw,plions rnale in detenriniro the awA)uThting estirnates were Ir￿La￿ve Dr wienknai bi¥$". and invesligaied the rati￿￿le berynd s&nifTruni or unusual transauions Ir re5wnselo the risk Df ¥regU￿rItieS arKI n(TrcQrn￿1Qr￿e ¥Ath arKI reguklioThs. wedesKJned pt(xEdures which iry¢lu¢ed. ￿t were not limited lo". agreeing fki8roal stat¥nent d￿d￿re$ lo uwg (knwrwtstrm.. reading the minules of [iaetsn￿ of knose charged W¥eY￿r￿e.. INuiriiig ul trwridyeiiiEnl IL ￿u￿ Oli￿ FKAeiibdl lib£itKX- Oli￿ dd m5. rev￿￿9 relevant (Xlrres￿￿￿È. T￿ere are Inherwl Iirnitabons In (￿r a￿1.. prI￿￿UreSdeSCfibed above. The rTwe remved that kws and regulaliDnS are froTn fitBnfAd Iran5action5. Ihp le55 lthefy il 5 Ihal we w(MI￿ becDrne awa￿ Df n￿-GO￿li￿￿E. Auditiw st￿14rd$ 81s0 Ikmli tre 8udir o'ocedures wbired Io hJ¥tify v￿th laws and regulation$ to nquiry ol direEaot5 and other marwenl and cf regulatory and Bgal ￿rr￿Sp￿￿[ts￿Ce. ifany. A furtherde8crWon ofow rewns1￿11bes Is available the Finan¢ia fte1￿g Council's Web￿1£ httP5."IIvIw￿ ￿C.￿￿.UklaLKJ￿(WeSpD￿s1tmlIl￿5. Tri5 rte￿p1￿￿ forwb3 p￿1 Dfow auditorf3 reptxl. Use of our repNI T￿5 is madp sdety ta thp tharitable rAynpany s tTTtet5. a5a tmxty. In ￿an￿￿￿t￿ Chapler 3 of Part 16 ofthÈ Compani8sA¢i 2006. Ou, Jdilvio'k has bn undwtaken so ihaiwe might Stsl¥ to Cha.rtab￿ ￿￿anY.$ membars those matLers we are quired Ic) sts"e to thern in afj a￿lI[￿S reportand f(Y nootw purpose. To"he full￿ exlent permitted by ￿w, ¥ve do not accept OT assan￿ res{x>rriJ4ty".oa.ryw￿ th￿"than the G￿rIta￿e cornpany and the charitatle coThyany 5 mernbers as a ￿￿y. f(Y aucil wotk. Ihs rewrt or fl￿ the O￿n￿S we haye forrned l(athErine WilkES BSC FCA ISEnivr sialut￿ Auditurl For and on beh8ifof Gia%ryts AL¥JIlOxford LLP StaluiwA￿rt0r Chartered kcauntan15 First Floor. Park Centr81 4N1 Park End Street Oxfto OX1 1JD 28 May 2026 10-

OXFORDSHIRE MOTOR PROJECT STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGLIST 2025 Tokni Unrnstri¢tsd Rgstri¢tod lunds funds 2Q24 2024 Total 2025 2025 2025 Notes In¢gmo from". Donations and legacEs Charlats￿ ¥tyvibes Investments 10.153 1.238.639 512 16.( 26.153 1.238.639 512 2.3 1.094.046 42 10, 25.181 12.350 1.119.&7 42 Total inroffle 1.249.304 16.( 1.26S.304 1.(￿.438 35,181 1.131.619 Expenditurè on.. chantab￿ bvthos 1.085.146 12.803 1.097.949 1.054.133 33.321 1.088. T•tsi •xpnthtur• 1.085.146 12.803 1.097.949 1,054.733 33,321 1.088. Net incorne 164.158 3.197 167.355 41.705 43.565 Transfers between funds 121,3261 Net movemÈnt In funds 164.158 3.197 167.355 63.031 119,4661 43.￿5 REcDnGiliati¢Jn ol lundj.. Fund bal8rw& al 1 Stpternber 2024 229.147 8.105 237.252 166.116 27,571 193.&87 Fund balances al 31 ALW5t 2025 393.305 11.W2 404.607 T29.147 8,105 237.252 $tai8rn8ntef fina￿¥81 a(thil18s Inckjdes all gains ￿ k)sses in the year. Wl irthme and eXpe￿I￿re derive continuing actr￿1*$.

OXFORDSHIRE MOTOR PROJECT BALANCE SHEET ASA T31 AUGUST20?5 2025 2024 Fixed Bssels langible assets Investments 12 13 222.116 114.(65 722.117 114.(e6 C￿￿Ent assets Debto Cash at barth and 14 134.213 231.336 176.405 40.857 365.549 2172 CredltOV5'. amoLWtsfalllng the ￿thin one yFar 15 1183.0591 194.(YJ61 Net Cur￿￿ta￿Sets 182.4￿> 123.166 Totsi ass￿ less cuYrent118blltl*s 404.607 237.252 The lunds olthe charity Restricted I￿0￿n9 funots Unrestricted fuYd5 17 18 11.302 393.305 8.105 229.147 404.￿7 237.252 The finanGEI $latemEnts wwe apFroved byttE trusIe￿ 27 May 2026 NiC0￿S HaLKJeGoeur-Mthks Tru5tetr 12-

OXFORDSHIRE MOTOR PROJECT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flowsfrom ope￿￿fig actmtfies Cash generated frLYnllabsorb8d by) aperat￿n& 312.197 Invosting activbtics Purch8se oftsngI￿e fiwj assets Investment y￿A)Me received 11222301 512 42 Net cash used in investing actThities Net cash generated from ffinanckng actSvllles Not increaselldecreasel in ca$h and equivalènts 19).479 123.7271 Cash and ¢a$h equivalents ai WinniThJ ofyw 40.85T 64.584 ¢a8h and ¢a8h oquivderrts at ofyo* 231.336 40.&57 13-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 A￿￿￿￿tIng pol￿185 Charity inlormBtiD Oxfordsh re Pr(4ect ￿8 Charita￿ Imiled by 9uarth InwryKKaled in ErKJland and Wales The rtyistered offKX IS Red Barn Farm. W(xtstock Road. OxtorJ. OX2 8JFi 1.1 Basi? of prepara¢ion Tho financial s".aiomBnts ifb a(rdaThts￿7Ih Ihè ChariWggJvtsning drthmtsni ih Compan￿$ Aci 20(6, the Charities TnJsieÈ 1rNeStn￿ (Scofjar￿I 2005. 11 Chantstrs Actt)unts Iscotkndl Regu&..￿rE 2W6 las a[nEt￿0d). FRS 102 YhE F￿￿[Ki01 Rept¥tirvJ Slandard applicablE in lh8 UK and Republic DI Ireland- I'FRS 102-1 and the Charities SORP"Accwntrg Re[x)rtI￿ by Charities.. Statpmepl of Recotnmended PraCt￿e aryA￿able totrantEs wepanThJ Ikew 3¢x￿niS in aCc￿da[￿£ wth t?e Financial R8wrtiw Standard aP￿￿￿bI9 In the uK￿d Repu￿￿ of ItplatYJ IFRS 1021" leffedive 1 January 20191. The Chaity is B Pubic eenpfit Eybty as oefitEd by FRS 102. The financial sA￿T￿ents are prep3red n s￿lI¥J. vknich is Ihe funct￿al curTewallhe charity. Monetaryatnounts r Ihesefinanckil sk'.ernen'.5 &e riJuted to the t￿reSt £. The fin8rLi81 h8¥e been weped uNJerit his￿(4 £Jywenbonith the ?xtwx)n ef Inwments whi)1 w8 includ8d ai wothtl Va￿e. ￿￿Th>paI a¢twnbr4 8dopted sot(wi t4ryw. The charity had onp d(KTrany suWiary Lwdetarfirg, Trdxse Lwvrted Iwryany nutnbpr 091363711, W￿chWa￿ c￿arlY Imma1erial in Ihfj fjnaytia of thanty. ThBTrfL¥Ethe ￿￿TrtY ha5 d￿d￿d nDI lo ptEpare wnsolKldied dLXX)unLs' d¥ undei SeL'wTr405 vf Aci. all subsKJidry bnderLacinw be exduded ¢(￿$01￿0￿Cn. 1.2 Goln9 ¢on¢em Al the Iitne of tpprovirvj tt)p final￿￿1 siatemenls. thÈtrusteÈs hawe è rÈtsMab￿ expÈdabOn that the tharity has adequate FaS0U￿ to conlinuB In OF￿al￿)r￿￿1 oxistencp far th8 loreseethle fulurF. Thu5 th8 trustees (yJntinw ILTr aJLVt ihÈ 90ing concem ba$ of8cts)untiw n p￿pan￿￿j the ￿nar￿￿81 skrements. 1.3 ¢harftabl• fvnth Unrestiicted funds are 3vaLAe use at of the tr￿SteeS in knrtherdr￿e oftheir tharitaNe obpcrives. Reslrthd funds ¥e sul'ecilo speth(x)tKtVJn5 by (kntNX5 0[g￿lI)r5 as io h(yw th8y rTW be used. The wrpo)se5 and use$ Dftr restrtled funds are settyth in noiesto Ihe f￿arKi31 sments. 1.4 In¢om• IrKome is re¢ognL%ed when IhÈ chwty 1$ legalty enbded to it afier any krfom)an¢e conditifX)s have teen ￿1. the arnwnts w be me¥sure¢ reliabty. an¢ il Is probabk ihal Inc(ffi￿ il be wew. Cash d￿ati￿5 are reco￿lSed an re￿￿t. OtherthratKws ¥e rerxwispd orKe thp chaty * b￿n notified ofthe donation. unless perf(xmarKe c(MKlibons re4uYe deferrd of tre attK)unL Ina>￿e tax rectheraL4e in relation to dorbatiM8 re￿￿e￿ under &ftAKI ordeeds of ￿￿enant is rwis&l al knetirne 0flhe1knatic￿. Course lees a￿ recognis&l inthe acathern￿ totAthth IW reL41e. Incorne ftvtn gran15 lirKIL¥liry wartsl IS t80)gn￿d In the PBrnd in %Yhth the teathing p8rfDrffled. as Ihe ser%ryce is delvered. using tre perf￿rnat￿e as pw ERS'02 tknts a￿ ml ￿t￿nIsed until there is 8son8bk 8$8ur8n¢e th the charity ¥MII r¥)mkty ¢x4hY1iOts aM¥ched to Ittm. w￿re the 9r8ni irnposes perfOrm￿Ce.reI0Ied cull￿n$. il k re¢tWI￿ oniythen vve t￿n nL Whwp grJnts8re re¢ewed prior to sa115fwng the revenue rec¢¥J￿tiOrn critena. Iheyare rewgntsed as a l atHlity. 14-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pol￿•e$ Icontinuedl .5 Expernditure Liabillies are re(wnised as ex￿￿12 as s(KJn as there Isa legal 0r(xJnstr￿￿￿ ob vJation (xxnTThtting Ihe tharily to thai ex￿ndItU￿. il ts wobablB Ihai a traDstor ufgcuTh)mic t￿r￿[l$ wll bp requi￿ in SEttbmonL and th¥ amount oftha Oblwa¥i￿ Can be rwswed reliably. Expendi￿re 6 a¢￿￿nIe￿ for￿ an basis has been ¢bssthed under headng5 thatawwale all cost reL31ed to Ihe catewy. Whwe tx)5s canTh)I be direcuy attributed to parhcular hgadngs Ihgy ￿av9 been all{￿ated ti>iwligson ￿th Ihg Qt rgsou.ces All expenditure is ￿¢¢¥n￿e1 Incluswe ofvAT. Expenditure on thantatrAe aclivities ir)ChJdestl￿cOsts incuwed by ￿ rjw In delNering ￿5￿tMl￿S includes both cirÈct alocaied SUPKKMI Wsts Govtmarte cos indLKlesirM)se costs ass(Kied with meÈtyg the stafvw requI￿￿ts0fthe ch8rity. 1.6 Tangiblp fixed a$80ts Tangible fixed agse".s in￿alY m&4sured at and subsewentymeasured btwst or valuation, net ol deprecialic and any Impair￿110$80s. Depreaalion is rewnised so a5 lo ￿le olf the rA)st ￿ valLthin of assets kss their ￿dUal walues i)ver their useful Iwes on-.he folltsww bases.. Lease￿￿ Improvwrenls t equyrrnl F￿l￿r£S and fitt￿9S M(r.orvehKles 10% straWt Ikie 15% sJavt IF)8 15% stravt Ine 25% baarK S% swht lin Cabkn The gain or loss arising on IhB Qisposal Ora￿ assd ￿deter1￿￿￿j as thediffetBTKe the sale wvce8ds and the carryng Val￿ ol Ihe asset. aThJ is in stsnw4olfjwci¥ a¢bviiies. 1.7 Flxed asset Invesknenlg Fixed asset Inve￿mentS¥re Me8w￿d ai c￿. 1.8 Impawment offrAed assets Al earh reportng end dalF,".hF thatityTrYws raryirwJ tsngiblp a55ets io dBIwTDiTra whFlher Ihero Is Ukil LhDSV a¥ss h￿￿ suVErgd ￿ i￿￿￿•[[￿￿)I bs¥. 11 dny lTr5￿ti￿ ihtr reuJ¥vTab arnounl of the 8sset Is estimated IotYetwiirE the exnl of Imr8imvt bs51rf anyj. 1.9 Cash and cash equivalerrts Cash an¢ cash eywivalenb Ind￿ in harKI. dep05ib 3¢call bars. othpi 6hort-tsrm liquvj IDvestm9nts wth orignal maknities of11y￿ rrnxTthsor ￿. baNk￿erd[3(L￿. Bar* overdrdfts are shown vrithin in Cajtrehi liabilib&S. 15-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pol￿•e$ Icontinuedl .10 Financi•l ￿StrUMenta The charity has dected to apply thp prow5￿5 of Se(on 11 B￿C Fina￿al InstTwDpnts' Section l?'Dther Financial Instrunnts l¥su8s' of FRS 102 10 ￿1 of ts insirumiis. Finanrial 1nstsurnen￿3re rwised ID the char￿4 balar￿ 5heetwthen Ihe charii) b￿rneS paty lo Ihec(wrtr8clud prOVE￿n$ vf the Insttument Financk31 assetS8nd habdit$8re offset. VAh the kYeser￿ fina￿￿al $￿ten￿ts. when there Is a I￿allY f)nfoi(88tle nght io $81 off ih? re¢¢gnÉed w)WntSa￿ there 1$ an Intantiw lo selU$ a nel bas￿ or io e asset and settle the Iiablty 5¥nuttaneously. B4$1¢ fin4n¢lal ass•ts Ba5￿financ￿al assets. itKIL¥Je dobt(Ys Lash ban% balance5. are Inthally [r￿SU[ed at transXtvJD price Including Iransactitr) c￿5 and are sut6eouenL'ycarried ai apKitsed Cosi tre effectwe InieEsi meiTrthY unless e arraryemvt ￿$t￿UteS8 filanong twsacliw. tre transactw is nEaSU￿ at wesen". value ofthe future r￿ipts discwnted ata fflarket rdie of interEsL FinarKHI assets uassthed asr￿Vab￿wrfhin one yearare not arnorlsed. Ba$1¢ fin•n¢41 thalJilies 88$￿financ￿dl l￿bil￿1•S. Ir¢ivJing Cred￿￿$ ard ba￿ k)an$ aT& initially r9O)9Ths at Irarsaction unlass tho arrawement cwstitutesa finanuro the dÈJi Instrum￿1 ￿ measured at the present vue oflhe fvture poyrrwtsdis<ountsd at a rnatkol rale of iThlw951. FinaYKa?I 1th11ti95 ps payable within 01￿ yg¥?rg nol amortysed. Debl InstM￿NIS 8￿ subse4th)Ily c8rred 818m(¥16ed ￿ts1. usirKJ trt effettive irteresi re rrtthod. Trade credIt￿S are ON19at￿n5 to payforgtx)cs 0rserv￿tr￿l ttave been acquired r the ordinary course of oper￿S th suppliers. Arnounts payabk are cbssffied ascwrern1otyl.ties rf w)Thent is due within one year OT le55. If not. they are presented as notKurrent l ablitE5. Trae Credito￿ are Inrtialty al tr￿SactiOn price and subsffjuenty measu￿d ai aft￿ise& wst tre effective iYiÈrÈst Dere¢vgnltton of Ilnrtiallial41th$ Financ￿1 l¥)ilthcs orc V￿Qn ¢trwrity'5 c(KJal obligth￿S ¢xpYo orarc grrw￿I￿d. 1.11 Employee benefits TermI￿J0￿ benefits are rea)gnised ynr￿e￿iate1ya& an eXpel￿e then charity i9detr￿Str￿ty corrwnitted to terminatè the èmrdoymbnt d an empknyÈè ￿tts Pffjvitbè tBmiviatth benèfits. 1.12 Retirement benefit8 Paytfftn'.s lo defned Contnt￿Yjrt rebrement sthen*sarB tha[￿j as affi expertst 8$ th&yfaii due. 16-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Criti￿1 a¢counling stsms and j¥d9wngnts In the 8pplic4lion ofthe chgrity's 8CCCWtiry WI￿¢$. th¢ l-Jslees 8re requ?red lo mJke iudgeM¢nts. cstipiptes •pd assumplw)ns aboul Ihe carrying amurtofassets 3nd l alilies thai are fM)t r￿llY appar￿.. from other s￿rS T esthThates and asSOC￿tell assumpt￿nS￿e based on bLStorira evvle￿e￿d otlwtactors that are (X>nSthr￿ io be rde¥8ni. Aeiuèl resutts maydrffer fromtheseesbtnatÈs Thp p%ttmalp.s and ijrylptyryj wp. rpv¥erf nn an ￿$1% RpviRins In Armjnhrrfj ￿￿MarPS a￿. recconised in ￿e period in ¥Jhich the esiimaie is whwe itrt revtson aff¥is Mly Ihal p¥itrJ. or in the reriod of Ihe revisx)n wture per￿S Whe￿ Ihe revision altects curyent tulure period5. Usvful eGorbomK lile This 1$ ￿ Fsbrne based on Ihe e¢￿orn￿ life of assets. ThE apple4 as tsscrted in thg fixe¢ a$set5 poI￿Y The amunl of de￿ation for the rewbn3 per￿1 £14.19912024". £17.0151 Bad d¢btor proYfj8ion This Is ai esbm ￿ %vhal outstatKIi19 debt0￿ * year end are unlikdy to be le￿Ye￿. Ths I5￿￿Ulated by re¥￿¥1 e age ol d2btlH5 and Ihe specth= Lircurns1an￿S￿r(x1r￿I￿9 Ihp debt<K. The anounl provideJ f(￿31 Ye￿ end is £NIl ¢rugd These arÈ exper6Ès th81 le￿e brtarÈ tee¥ved the peDod ends. Ihis is Calcu￿ted by re￿e￿ing invrHces ￿CeNe¢ after ￿ ye¥ end ayd ￿r￿j marowenis knoWed oflhe (J)sts wcurr ng n the year. The ￿nOu￿t accrL*d al yeai end i5£54.8D512(Y24'. £51.341) kncom• from donatlons and l•gaci&s Tolal Unrnstrithd Restrictvd fund$ funds 2024 2024 Total funds 202S 202S 202S 2024 DOnat￿rIs arKI 10.153 16,0 26.153 2.350 10.000 12.35D coThe fr¢Jm charitatAe aGttvlN Total Unrestrlcted Restrfcted Total funds 2025 funds 2024 funds 2024 2025 2025 Grants Course lees 25.181 25.181 1.094.046 1.238.639 1.238.639 1.094.(M6 1.238.639 1.238.639 25,181 1.119.L7 17-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 corne from cPHntatAe athvilies Icontinuedl Th¢ ￿•￿] rectyved in syh tr¢ cvryenc Ihc 0￿P￿r￿¢ Frtrnd3's fvofll Respcrae Tr98rMs81.oTr. Tr￿lets r¢lal¢to educational arf Iraining rtyramws There are rK) uluird￿ W￿lt0)s￿ conlfftgenc￿s altachiw io Ihese grants al Ihe bakn￿ sheetdate. The rt￿rity has notdirectyllenefr￿ fr￿n any all￿rtOrmS ofgovemffentass￿tan￿e. kncrAn• from IrhY•sbnnls Unrestricted UnrestsictBd fLbrbds funds 2025 irner8$1 receNat 512 42 Expernditurp on charitableaGtivilies Totsl 2025 Total DlYe¢t ¢osts Slaff costs Deprecialion and rTrparrrenl PrLurarnme exwses Stvdent travel Sile maintenanc UtslilEs Rent rale5 Staff Ira￿1￿9 and othÈrexpÈrtses 857.844 14.199 71.789 20.357 4.748 12.609 44,207 6.693 846.291 17.015 63.610 18.912 10.945 22.975 32.2 17.395 1.D32.446 1.D30.155 Sharg of 5UPPOrt and yov•rnance costs15ee note 7) Support 65.503 57.899 1.riJ7.949 1.088. Aft¥tysi8 by UnresrrKled fJntts Restrtied funds 1.D54.733 33.321 12.803 1.)97.949 1,088.OY 18-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 suppwt ¢ost$ alloGo¢gd lo a¢tsvbts 2025 2024 Profe55iona fees Attmin costs Sundry cos ProvIs￿n Wvements 31,09) 26.79) 7.614 29.580 33.899 2.￿8 18,4081 65.503 57.899 Anatysed b8twq8n'. 65.503 5T.899 Not mov•mort ￿ fvr 2025 2024 The nel moyementin funds is $18led after chargity1lu￿￿jffj]". Fees paydble lo the chariYs3LKtilor. - f￿the &dil ol the charitys fina￿la aternents - (ther fina￿13 seTVi￿S Depreciation of owned langtle fixed assets 10250 I.6￿) 14.199 9.750 1,￿0 17.015 Trystsos Nonegfthe I￿￿te￿5 lor anypFrK￿S IhwDI anyrernunBralw or benefits ihF tharity during Ihe yearexceptfor as dtscl&sed In Ihe partytraisadions note. No truste8swetE relrnbu￿￿ I(reXp&￿e5 dur￿91h8 yew. 12024". tJTr81 10 Employtes The a4erdge ThontNy rmjmber ole￿¥￿eeS durirJ the year 35". 2025 NUrn￿r Number Slaff on direct clEriiable w￿k 26 min15tralive 3ff Total 31 19-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 10 Employees Icontinuedl Employm•ntcc*ts 2025 Wage5 and salaTE5 cial security ￿sts Other pEn5KJn c05ts T74.047 67.888 15. 779.(M)5 5S.152 11.934 857.844 B46.291 e¢unoary ano paYn￿ts trlaiiw £NIl12LfL4". £4.JTYI weTr maae In reportng peroa. Ex-gratsa payrnpnts tot￿ling £NIl I￿4 £9.552)l￿e maje the ￿K￿y￿r¥j oerKXI. The number of emwAoyÈe$ anTrJal TÈmunetybM was mre than £60.ori) is as 2025 Nvmbor Number £60.001_ £70,OCO RernUnern￿Ofi of key rnanawent personnel The rernneralion ol key m8￿9¢M￿tp8rs￿r￿. •Thph)￿r NI3￿ per6ti7 costs. was £139.997 12024". t131.163) 11 Taxaoo The tharity is ÈxÈnw fromtrxalM)n ￿ its ￿ts￿be$ bpcause all rts i% apwA￿fo[ cpiaritablÈ pw)ses.

ty PJ

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Fixed a¥st inv•sknnts Other IrNgstmonts Cost or valuatic Al I Septerythr 2024 & 31 Awusi 2025 ca￿￿9 arnol￿ At 31 I￿￿U6t202s At 31 AUg￿t 2024 2025 2024 l)ther hivestrnentscLKnpri5 Noi•s InvesThents in su￿￿£re$ 14 Dèbtors 2025 2024 Arwunts fallirry du8 within yow. Tiad8 debto AffloLntS Lvbved tyfellow gfL¥JP uwthrfit Oiherdeblors Prepayments and acGn￿￿ ir￿orne 135.597 1.￿3 6.491 32.334 1.983 16.107 8,812 134.213 176.405 15 Crediiors.. amounts fallin9duewithin onEy&ar 2025 2024 Other laxalK)n and stti41 ￿Urity Trade crfito Othercredrtc 17.443 5.552 2.673 157.391 16.498 4.750 21.￿8 51.340 Accruals and deferr￿ irwr 183.059 94.( 16 RetiremeDt benefit xhemes 202S 2024 contrlbutlon Charoeto profit or Ios5 in wertoldthned ux7thbubon s(a￿DeS 15.9(Y3 11.934

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 RetirBment benefit schernFs Icontinuedl Th¢ chority operates • defirtd pensi￿ t¢￿¢￿811 qUalth￿￿9 errf&>yec3. Thc asscbeftrc sthe￿ we hehy Separa￿ty from ihos8 of the In an indeperthntyy a￿rnAliste￿ I￿￿. 17 Restrlctpd fund5 Tha regknCt¥d ful￿% ofthè tharity thè urw)ts￿ baLkn￿& Old(￿￿10n2nd wtg hdd on tlual Subj&tst io specrft cenditK)ns by<knows as ￿ h¢M they n)ty be ￿t￿. At 1 sfjpt￿￿r kn¢ornlng Rsour¢•$ Transfgrs At 31 Augu$t 2025 Harfey DaV￿50n Gym equ Oth8rrè¥trtt8d Sxwt assets Landbased 5tud&s Prernises mvetrenl 10.000 110.(KM)I 11.4071 5.861 2244 1.848 I1.￿)) S,(￿0 8.105 16.0 112.eJJ31 I1.￿2 Pvevious year.. At 1 Septernbor comlry Resources Transfers At 31 August 2024 CAMHS Harlèy Davwlx Minibjs Garden project Blake Morgan Dyskx Oth Gym equitxYvJni otherr¥¥trwAwJ dSseis 13.614 25.181 10.0 I￿.429) 110.owi 118.3661 11.9911 {7541 751 11.OWI 2.729 215 12.6401 12151 11.4071 {3961 5.861 2.244 2.040 27.571 35.181 133.3211 121.3261 8.105 LANHb- IhBvras fundYTrg receNeo io oay lortne *dges of an ery￿yee aTXJ a$s￿l3￿e￿ txsts. Harley D¥V￿S￿)-Thi% was SJndiry exptr)ses. Mini￿s.ThiS was fundirvJ to pay for rrintenan￿ and fijel c051sofa minibu5. -23-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 17 Restricted fund5 Icontinuedl Carden proFct-Tth was lo tr¥Jqd a 9grth plol Blake PAorgan. This was kndiry torlhp prow5￿ of ￿u13tic￿ to ttiklrw in the pan5h of HdyTnnity church, Headington Què Oys￿.X￿, Tpaehiro.%i¥)rA¥- washiThliryJ gi%P.Tr&Yl￿￿. 1P￿1￿j WID1￿ thilrfm %trith Dy%lpxia Landbased 5tuth&s. This was fU￿1r¥j given to suPw￿t ￿ndbaSed U￿r5e5 oftered Pr￿￿8$ mv8th)l- T￿$ was furwjing givan 10 wpport mtylmnito rw pr￿1¥6$ Other. Thisw¥sfundiNJ 9w bysm81 I￿￿u81 Ih8t have treen <Jynpletsy GyTn EqUiprr￿nl. This wasgyrn eryipwrt thated to the TheexpprKlrturea5￿xIaIed is the deprecaliDn. Oth4rr•$M•d &xd ass•is. Thts 1$ othèr ￿striC￿ fix•d ass•ts that h••• b04n PLthas•d uSirYJ r•Stnc1￿ fix•d assei rund& Theexpwdituf& ass<xi81£0 is deweckaiw)n. 18 The Lttericted funds of (tsity ¢onwse theur¢xk*Th￿ balar￿0fty0Th¥t￿fftS gpnts which are rM)t subject to SkKcific condi19￿ by 0￿01$ and wlors as t¢ ￿ tlw be These ir(J￿Je designa￿ fundy which have been Set aS￿e out of unreslricted fuTh4s by Ihe trustee5 for pur￿0Ses. Transfers At 31 August 2025 Genera funds 229,147 1249.304 11.08S.1461 393.&15 Previous year.. Transfers At 31 August 2024 Gen￿ funds 166.116 1.0%.438 11.054.733) 21.326 229.147 -24-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 A￿ty$1 4)f not assfyts botweon fvnd5 Total 2025 2025 2025 At 31 Augllst 21J25= Tangible a55et5 Inveslmeyts Current a5Set&ll1A￿1the5I 215.814 6.3￿2 222.116 177.44> 5.0(M) 182.49D 393,305 11,302 404.fK17 Total 2024 2024 2024 At 31 August 2024- Tong1b￿ assets In¥esltneYts Current assetsl(Ila￿1thesI 105,980 8.105 114.(fj5 123.166 123.166 229.147 8,105 237.252 20 Relate(I party tranS¥¢t￿8 During the P￿erWI1kg.w￿) is the f8therofaTwsiee. was by thedprity. He was paKI ¥18 m¥ket rak of rfymuneralK)n br hi$ role. Dunng Ihe ye Kiwan D8s$. wly) i$tr Key Man•Jemert Pers￿￿ IKMPI. was employed by charity. H& was paid al a rnerket tate of refftunetakn for his ￿le. During the ye¥ Nathan PrKt. kn Is ￿ son ofa KMP. was efflployed ty th¥ity. He was pahJ al a rnarkel rale cl rwTruneral￿n forhis r￿e. During IhÈ ye¥ LÈah Dass. Is tred￿￿hlerof a KMP dS Èm¥Atsyed by the tharty. She was paid at a matkai r8te uf remunBrat￿n tDr her rde. During the Ye￿AlaY Da5s. is ihe hUSbar￿ ofa KMP, was ert¥W by the chafity. He pa￿ at a rnatket rate of remuneralvJn k)r his rde. Durin9 the ye¥ 1 Trustee I￿24". 01 4￿￿[e0 an ¥gWateef£300 10 the¢h8rty12024". £01. -25-

OXFORDSHIRE MOTOR PROJECT NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2025 21 Sub¥idiari Th¢8e finanurl $alcrncnls we scperetc charity finoThuel stakwtstr Oxfordthire klotQf ProFcI as Jl 31 AugJ8t 2025. Detai￿ Df ￿ charitls sub5K*ari2s at 31 August 2025 are as folk)￿". Namo of undertaking Glas5 01 % Hold shares held LNreu Indlr¢ct Traxse timited Red Ban Fatrn. Road. W(4vW¢Ote. Oxf¢y¢J. OX2 BJR 22 Ca$h gon$ratBd fronVlabsNbod byl 4wratk•ns 2U2S 2024 Sutplus fr￿the year 167,355 43,565 Adjustments for. Inv8strn8nl Ir￿0[￿& recognisEd In Slat8Th￿ Df finwci4 adivthès Depreciation and iwairmprrt of tangble fixed assets 14,193 17,015 lovernents in working Gapilal.. De¢re8S￿liA¢re8s￿I F) de)bys Ir￿r&￿e In credrtors 42.192 8B,963 172.5J61 3,391 Cash genevated frornllabsurbed byl operatiDns 312.197 18,fA)71 23 Analysls OIC￿9¢$ ngt funds The tharity had no rnaterial debt durwvJ the year.

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