REGISTERED CHARITY NUMBEFL. 1022142
toes and
Unaudlted Flnan
forthe Year
cambor 2025
Idco
Monah8ns
Chartered Accountants
County Gate
Cwnty Way
Trowbridge
Wittshire
8A14 7FJ

Old Co15tonlan Ch*ltabl• Trust
f th8 Flnanclal Slatsmen
for IILYear Ended 31 December 202
Report of the Trustees
Indepfjlld•nt Examin8rf5 Roport
Ststsment of Flnan¢lal ActMtI•s
Balance sheet
Notes to the Financial Slalomerts
6 to 11
Delalled Statern￿ ol Flnanclal Aclmlhs
12

Old Col•
le Trt￿t
ofthe
nded 31 De
forth•Y
ber 2025
The trustees present their rewrt with the finandal statements of tre thodty for the year ended
31 December 2025. The trustees have adopted the prowsions of AccLwnllng and Re￿ting by CharÈUes:
Statement ol Recommended Practice applicable to charrties preparing Ihelr accx)unts in acwdanrE with the
Financial Reporting Stand8rd atplicable in the UK and Republic of IrelaThJ (FRS 102) leffective 1 January
20191.
OBJECTIVES AND ACTMTIES
History of the Charity and Its Objectlves
The Charity was set up by The Old Colstonian Sodety (now OC Souety) who gifted tt 25% of its sp￿ts
ground al Mile Slraighl, Filton. Bristol. Part of the spJrt8 ground was subsequently sold and the pnx*ed$
invested for the benefit of the Charity. The remainng sFth5 g￿Und and payi￿0￿ has been let on a 25 year
lease from Nov8mber 2010.
The objectives of the Charify wdety dra￿ and are for the b8nefft of such tharities or for charitable
purposes as the Trustee5 shall in their absotute disuetion from time to time think frt. The Trustees have had
due regar(J to Ihe Chanty Commission's guidance on public beneffit and have determiTred that, for the time
being. the principal benefiaaries of the Charity wtll be Collegiate Sthool (itseff a registered charity) and
members of the public who wsh their children to benefil from an education at Collegiate School bLrt are
unable to afford the cost of independent education.
Slgnfficant aetlvltles
During Ihe year the Charity provided buTrarie$ amounting to £87.173 whld) en8￿ed deseryrig sbjdents to
attend Colegiale School.
FINANCIAL REVIEW
Investments
Hargre8ve5 Lans(kwm advises on Investrnenl. The TNstee5' lnveStrr￿nt power5 are govemed by Ihe TNst
Deed, whith penY4ls investrnenls of whatever nature TFUStees at their thohrte di8cT8ton think fiL
In 2009 £500,C(M) was invested wth the c*jeGI of ensuring that its funds wltinue ID grve reascmable relums.
with an acceptable 18vel of risk, to gnable the Trust to have the ffinanaal strength to meet its ￿'e￿aS in the
future yeats. The performance of these tiivegtments is monitored regu18riy I￿￿jghoUt the year and the
Trustees meet forrn8lly at Feast once a year with Iheir investrnent advt5er.
Th8 Trust has granted a ban of £500,000 to Collegiate Sd)cL)l on the lenns set out In rth)te 10. The Tn
have agreed lo use the interest r￿1Ved to provide means tested bursarie$ referred to at4)ve.
Flnanclal p05itlon
The finanaal wsytion of Ihe Chaty is sh(Mn in the attached financial statements. vthich comFty wilh ¢UkTent
slatulcry requirements, the Charws govemlng documents and Ststemenl of Recommended Practice
Accounting and ReFQrtiNJ by Charities.
There was TEI 8xpendilur8 of £10,154 for the year ￿mPared to £24,856 in the prnmous year. At 31
December 2025 Ihe Charity had net assets of£895,07812024: £905,232).
The Charity has a requirement to retain reserves lo fijlfil its commilrr*nt to tmide on wing bu￿￿al yjpport
to students attending Collegiate Sch(xJl and to meet potential liabilities related to its investment in land and
buildings. Free reseNes (exduding fixed assets and inveslmentsl at 31st December 2025 were £23,127
12024.. £36.761).
STRUCTURE, GOVERNANCE ANO MANAGEMENT
The charity is wY8med by a Trust Deed dated 19 May 1993. Trust8es ar& recrutted and appointed in
accordance with the Twst Deed. The statukry Fower cl aFwinting now or addibona trustees shall be
eXerUSab￿ by deed 8xcept in relation to the President. Treasur8r and Secretary of the OC Swety who shall
be twstees ty viriue of Iheir office.
REFERENCE AND ADMINISTRATIVE DEfAIL8
Regtstered ChaTIty numbgr
1022142
Page 1

Qld Colstonlan Charfta
le Trust
Re
forthey
Principal address
do Collegiate SclM)ol
Stspleton
Bell Hi51
Bristol
BS9 1BJ
Tru$ttses
Vishal BalaS1￿harn - Prestdent
Andrew Thomas. Seuetary
Marbn Tayler
Robert Jennings
John Wright
Power to appoint new trustees Is ve8ted in the OC Sow and ￿11 Indude at all Ilmeg the PresKlen(
Secretary, and Tr&qsurer of the ScKaety.
Inv•stm8nt Powe
As set out in the Trust Deed, the Trustees have abscAute discrelion in respect of Trust monies requiring
investment.
Independent Examiner
James Gare FCA DChA
Monahans
Chartered Accountants
County Gate
County Way
Trowbridge
Wiltshire
BA14 7FJ
Bankers
Barclays Bank PLC
37 Milsom Street
lttvestment ad¥lsers
Hargreaves Lansdown Asset Management Llmi
Approved byorderofthe board cltrustees on............... ..... ............
.. and signed on its beh￿f by".
Martln Tayler- T
Page 2

Ind•
ndent Exam
nerfs Re
to tho Tru*lee8 of
Colstonlan charl￿￿￿TrUst
Independent examlnerfs report to tho t￿￿tee5 of Old Colstonlan Charftable Trust
I report to the ch8rfty trustees on my examlnation of the ac£ounts of Old Colstonian Charitat￿e Trusl (the
Trust) for the year ended 31 December 2025.
Responslbllltlos and basss of report
As the charity twstees of the Trust you are respc*7sible the preparauon of the accourts in att￿rdance with
the requirements of the Charities Act 2011 Ilhe Act).
I report in r¢$Fe¢t of my 8xarnina1iLffi of the Trust's acLwnts carried out unts secti￿ 145 cl the Ad and in
carrying out my examination I have followed al applbGable Diractions given by the Charity C(¥nmission under
S¥tion 14515llbl of the Act.
Independent •xamIna￿S SL￿eMent
I have completed my examinati￿. I confimi that no material matters have lo my attention ￿ connecti(
with the examination giving me I￿￿se to believe that in ￿Y material resFect'.
accounting records were not kept in respect of the Trust as required ty secti￿ 130 of ￿ *rt. c
the aw)unts th) not accord with those records: or
the arLounts do nol comply wilh Ihe appl¢¢able requirements con(xning the form and content of
accounts set oul ￿ the Charitses (Accwnls and ReFMxls) Ragulatic￿ 2008 other than any requirement
that the accrAJnts give a trw and fair view whith is not a matter cx)nsideTed as part of an Ind￿￿ent
examination.
I have no 0)n￿rn$ and have come across no other matttts in eL)nnection vitth the examinaticn to whlth
attention be drawn in this report In order io enable a proper understandlng of the accounts lo be
reached.
James G8re FCA DChA
Monahans
Chartered Accountants
County Gate
County Way
Trowbridge
Willghire
BA14 7FJ
Date..
22 April 2026
Page 3

Old Colstonlan charttab￿ Tn￿t
mgnt ol Flna
2025
2024
unrestric￿ Tot
fund
funds
Notes
INCOME AND ENDlY￿ME￿fs FROM
Llonalvjns and legacies
11.236
35.406
Investment income
45,062
46,798
Total
82,204
EXPENDITURE ON
Ralslng fvnds
Investsnent management costs
1.172
2,510
1.1n
2.510
Charitablfr aGtivbties
Charitable activities
91,216
115,699
Total
118,209
Nat gains on investments
25,936
11.149
NET INCOMEI{EXPENDrruREI
(10,1541
(24,8561
RECONCILIATION OF FUNDS
Total funds brought foThvard
90&232
930,088
TOTAL FUNDS CARRIED FORWARD
895.078
)5.232
The notes lo￿ part of these financlal sL8tements
Page 4

Old Colstonian Cha
• Trust
31 Docombor
2025
Unrestrkted
fijnd
2024
Total
fjJnds
Notes
FIXED ASSETS
Investments
Investments
Investment property
s￿la1 investments
351.951
348.471
10
871,951
868,471
CURRENT ASSETS
Debtors
Cash al bank
11
2,180
24.398
6,527
33,522
26.578
40,049
CREDrroRS
Amounts faIlw￿ due wlhin one year
12
(3,451)
13,288)
CURRENT ASSETS
23.127
36,761
TOTAL ASSEfs LESS CURRENT
LIABILITIES
895,078
905.232
NEf A88ET8
895.078
5.232
FUNDS
Unrestficted funds
13
895,078
905,232
TOTAL FUNDS
895.078
905.232
Thefi
ancial ststements wwe approved by the Board of Trustees and autIMJri￿ for issue on
and were sKJned ￿ its behalf by.
Vishal Balasingham- Trust88
Ma￿n Ta￿er- T
The note$ fomi part ofthese financial statements
Page S

Qld Col$tonlan Charltable T
o&lothLFlnanclal Stats￿
rE
31
ACCOUNTING POLICIES
Basis of proparing th• flnanclal sL*ments
The financial statements of the charity, ￿lch ts a public benefft entrty under FRS 102, have been
prepared in a(wrdance wth the Charities SORP {FRS 1021 'ArLounting RwrtirvJ by Charties:
Statement of Recommended Practice app￿Cable to charilies preparing their accounts in ￿$r￿an
wth the Financi81 Rewrting Standard applifxble in the LK and Republic of Irdand (FRS 102)
leffectNe 1 January 2019)., Financial R8POrting Standard 102 The Finanaal Rerth'ng Standard
applicable in the UK and Republic of Ireland. the Charilies Act 2011. The financ4al statements
have been prepared under the histori￿1 cost convention, wth the ex(wtw of inveslments which are
included at matsl value. as nKrflified ty the revalvation of rfjrtain assets.
The fttwndal statements have been prepared to gve a Iwe and faltr view aThJ have departed from the
Chaiities IAcc4JJnts and Reports) Regulations 2008 1)nly to the extent required to rKovide a and
fair viev/. This dep*ture has invthed folb)witig tr)e Acwunting and Rep(xtiro by Charilies: Ststement
of Recommended Pradce applicable lo charit*8 preparing their aCL￿nts in ac￿rdanCe vlth the
Firrancial Reporling Standard ap￿Icable in the UK and RewbliG of I￿land issued in October 2019
rather than the Ac£ounting and Reporting by Chaiibes". Statement of Recommended Pr•xlce effective
from 1 April 2005 which has sin¢J8 been ￿thdraWn.
The trust ￿)nstituteS a pubknc benefft entity as defin•J by FRS 102.
The financial statements are presented in ster1W￿ Is tr* functional currency of the tharity arml
rounded to the nearest £.
The trustees consmjer that there are no matsrial uncertainties aiK)ut the Trusfs abl￿ty lo csNrtiwe 8$ 8
going con￿rn. With ￿$pert to the nex1 year, the most shJnrFKant arèas of uncwtainty that affect 1he
cary value of assets held by Trust are the level of Investment retum and the perfornance of
investment markets.
Income
All incom8 is recognised in the Stalen￿nI of Financial Activities once the tharity has entitlwrnnt to and
it is probable they will receive the inoome 8nd the monetary v81ue can be measured wth Suff￿
reliamlity.
Income with rglated èxpendlture
Where inwmlng resour￿$ have related expenditure the inrAxne and related ewdittye are reported
gross In the St*ement of FThrdal Athtie&
Tax reGlalms On donadons and gffts
Income and lax redaims ¥e nduded in the Slatement of Financial Activit￿ at the same tine as the
gift to vthith they reL9te.
Grants and donatlons
Grants and donations are C￿lY Induded In the Statement of Flnandal Acfvbes vrt￿n the rjwty has
uncond￿onal ent￿ement to the incKJme.
Investment Income
This is indude(l in the a￿lUnts vthen receivabk8.
knvestment galns and lossos
This includes any galn or loss on the sale of investments and any gain rK Ios5 reSU￿ng from revaluing
invesknents lo market value at Ihe end of the year.
Page 6

01
Istonlan Charitable Trust
to tho Flnanclal State￿eD1￿￿ti
nd d 31 Dec8mb•r 2025
ACCOUNTING POLICIES- Contlnuod
Expendltwe
Liaknlities are recognised as expenditur8 as %)on a5 there is a legal or LX)nstrnctive otAigation
commlttlng the tharity to that expenditure, it is probable that a transfer of econ0n￿¢ ￿neffts wll be
required in settlement and the amount of the ¢JtAigalon can be measured rella￿y. ExpendiluTe is
acc4)unted for on an accwals basis and has Ixen dassrf*d under headings Ihal aggregate all cost
related to the category. whe￿ ujsts ￿nn0t be directy attribuEed lo ￿ti￿lar headings tw have been
allctated to activibes on 8 basls (￿nSIstenI the use of resovrces.
Charltsble aCtfvI￿0s l Grants
The charity meels its objectives by provTrding grants to other ￿anIsationS as set in th8 truste8S
report. Thgse are onty rethgnised in the accwnts when a commitrnent has been made and there are
no condits'on5 to be met rdaling to the grant V4hich remain in th8 ￿ntrol of the tharrty.
Investment property
Investment valuatlon
The inveslmanl property is Wdlued (N) the basis of its rental val8. Listed investments stated at
market value a5 advise(I by the inveslment manager.
Taxatlon
The chartty is exempt from tsx on Its L*aritable actNities.
Fund accountlng
Unrestricted funés can be used in accordance wtlh the charit&)le objectives at the discretion ol the
tW5tees.
Restricted fund5 can onty be used for particular restrided pu￿￿$ wiltmn the ckniects of the charty.
ReS￿l¢t￿nS arise when specthed by the donor or when frjnds are raised for particular restllcted
purpose&
Further extd8nakn of the nature and purpctse of each fund ts included in the noles to the finandal
statements.
Flnanclal instrum
Th8 trust only has f￿an￿81 ass8ts and financial liabilitres of a that qualify as baslc ffinancial
insljuments. Basic financial instruments are initially recognised at transa¢AKJn value and subsequentty
measured at their settlement V8lu8.
Cash at bank and In hand
Cash at bank and cash in hand indudes arKI short term high￿ fiquid inv6sknents Iwth a short
fTwlurity of three months or less from the dat8 of acqui5itiLM or opening of the deF#)Sit or similar
acrnunt.
Dgbtors and ¢redltors recelvable I payable T*lthln on* year
Debtors and creditors with no statad interest rdle and rer£ivable or payable wthin c￿e year are
rewrded at transaction price. Any losses arising impaimient are recr>Jnis8d in exp6nditrJre.
Page 7
(￿ntinued...

Qld Colstonlan charkab￿ Trust
ot0￿￿￿￿FInon¢I￿1 St4tgmwits :.
31
DONATItJYS AND LEGACIES
2025
2024
Donations
11,236
35.406
INVESTMENT INCOME
2025
2024
Rents re￿Ned
Loan interest
Income from investment portloflo untts
Interest on investment cash depostts
1.955
29.293
13.751
30,0￿j
14,678
75
45.￿2
46,798
INVESTMENT MANAGEMENT COSTS
2025
2024
Portrolio managemerrt
1,172
2.510
TRUSTEES. REMUNERATION AND BeNEFrrs
There were no trustees. remun8ratlon or other bw￿fft$ for the year ended 31 D8￿ber 2025 rKJr for
the year ended 31 December 2024.
Trust•8s' expons88
Thoro were no trustees. expenses patd for Ihe year ended 31 Decenthr 2025 nor ts the year ended
31 De￿mber 2024.
COMPARATNES FOR THE STATEIIENT OF FINANCIAL ACTMnES
Unreslricted
fur
INCOME AND ENDOWMENTS FROM
Donai"ons and legaGies
Investment income
46,7
82,204
EXPEND￿uRE ON
Raising funds
Investment managemenl wsts
2,510
2.510
Charftsble actlvltlos
Charttsbb activiknes
115,699
Total
118,209
Net gans on investments
11.149
Page 8
Contin￿1...

Old Col•ton
Charltable T￿￿t
for the Year En
1 December 2025
COMPARATNES FOR THE STATEMENT OF FINANCL4L ACTlVtriES- ¢onllnu¢d
Unrestrlcted
fund
NET INCOMEI(EXPENDITUREI
{24,856)
RECONCIuAT￿N OF FVNDS
Total funds brought forward
As prevthsly reported
Prior year adjuslment
926,762
3,326
A8 restated
930.088
TOTAL FUNDS CARRIED FORWARD
JS,232
INDEPENDENT EXAMINER'S FEES
Independènt examlnerfs fees are £1,726 for independent examination (2024.. £1,644) and £1,726 for
AC¢OLuts preparalion {2024: £1.6441.
FIXED ASSET INVESTMENTS
vestments
MARKET VALUE
At 1 January 2025
Disposals
R￿alUatiOnS
348,471
{22,456)
25.936
At 31 December 2025
351,951
NET BOOK VALUE
At 31 December 2025
351,951
At 31 December 2024
348,471
There were no investment assets outside the UK.
INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2025
and 31 December 2025
20,OC
NET BOOK VALVE
At 31 DeCem￿r 2025
20.000
At 31 Docember 2024
20,000
Page 9
c¢ntlnued...

Old Colstonlan chalkab￿ T
e Flna
ntln
1 Decem
INVESTMEPU PROPERTY- contlnuod
The Okl Colstonian Charitable Trust own land and bLildings at Mile Straigm, Flton, Bristol in
patlnership wth the (X Swety. The propety is let to a community sports c￿b on a 2&ye8r lease
expiring in 2035 and is regarded by the Tru51ees as an inv8Stment property. The I￿0F￿ is subject to
planning consents which reslriLt its future use and was therefore valued ty GVA Grimiey in 2010 on
the basis of its rental value rath8r than ￿ an open rnarkel basis. The TTuslees continue to belteve that
this valuation basis is appropriate.
10. SOCIAL INVESTMENTS
Mlxed
Investmenis
MARKET VALUE
At 1 January 2025 and
31 De￿mber 2025
NEf BOOK VALIJE
At 31 Decembe¥ 2025
At 31 D8c*mber 2024
In 2023 Ihe Trust advarttd a to Collegiate Sthwl. The low altrdcts hterest cU￿en11Y at 6.1 per
annum increa$ing annually in IK)e wilh Sc*col fee increases. The loan 15 valued al its original c4)st and
is secured on a loThJ leasehold prop8rty tY￿ad by Collegiate SchLKJI. Th8 ￿al date ol repayrnnt is
Juty 2029.
11. DEBTORS: AMOUNTS FALLING DUE wrtHIN ONE YEAR
2025
2024
Grft aid redaimatAe
Amount due from OC Souety
225
1,955
2,021
2,180
6,527
12. CREDITORS". AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Accrued expenses
3.451
3.288
13. MOVEMENT IN FUNDS
At
31.12.25
At 1.1.25
in fuThJ$
Unrèstrl¢t•d fvnds
General fvnd
905.232
(10.154)
895,078
TOTAL FUNDS
5.232
(10.154)
895,078
Page10
c￿tin￿￿...

Old Colst lan Chaiilable T
s to the Financlal S
for the Year Ended 31 Decom￿r 2025
13. MOVEMENT IN FUNDS- contlnu¢d
Net movement li funds, in￿ded in the above are as follows".
Inccxning
Resources
resources expended
Gairts and
losses
Movement
in funds
Unrestricted funds
General futyj
56,298
(92,388)
{10,154)
TOTAL FUNDS
56.298
{92,3881
25,936
(10.154)
Comwatives for movement in funds
Prior
year
adiustrnent
Net
movement
in funds
At
31.12.24
At1.1.24
Unrostricted funds
General fund
926.762
3,326
124,856)
905,232
TOTAL FUNDS
926.762
3,326
(24,8561
5,232
Comparative net movemenl li fijnds, inckjded in the aLxJve are as follows..
IrKomir
resources
Resources Gains and MOVe￿nt
expended
in ftjnds
Unrestrictod fvnds
General fvnd
82.204
(118.2091
11,149
(24,856)
TOTAL FUNDS
82.204
(118,2091
11,149
(24,8561
14. RELATED PAKTY DISCLOSURES
The Trustees of the Old Colstonian Charitatle Trust are 8180 committee members of OC So(aety
from whom li received a donation of £10,000 12024: £14.0￿) and a Share r￿1p1 of £2,021
{2024.. £14,111).
Page11

Old Colstonlan Ch•rltoble Trust
Il•d Stat•mènt of Fl
forthe Year
an
2025
2024
Tcrtal
fijnds
fijnds
INCOME AND ENDOWMENTS
Donatlons and legacles
Donations
11.236
ITrv8Stm•nt incom•
Rents rerEwed
Loan interest
Income fr￿1 investment ENMfolio units
Interest on investrnent cash dewsils
1,955
29,293
13,751
63
1,955
30,090
14,678
75
45.062
46.798
Total Incomlng resources
56,298
82,204
EXPENDrruRE
Investment management costs
Portfolio management
1.172
2,510
Charltsbl• actlvltlas
Bursaries
Donations
87.173
572
111.623
758
87.745
112,381
Support C08ts
Managomenl
Independent examinerfs fees
3.210
Flnance
Bank charges
102
Total resources expendad
118,209
Not in¢om• beforn gains and l¢)sses
(36.09])
(36.005)
Reallsed rocognl8•d galn8 and10ss•$
Realised gain￿[￿&5&5) on fix8d awt
investments
25.936
11.149
Net incom•
{10.154)
(24,8561
Thi8 page does not fomi part of the statutory finonrial statements
Page 12