Charity Registration No. 1026551
THE OLIVER FORD WILL TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
5 APRIL 2024

THE OLIVER FORD WILL TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Settlor..
Oliver Ford
Governing Instrument:
Will dated 20 February 1988
Deed of Amendment dated 9 May 2023
Trustees:
Lady Alison Wakeham
Martin Philip Levy
Matthew Derek Pintus
Charity Address:
Macfarlanes LLP
20 Cursitor Street
London
EC4A 1 LT
Charity Registration
Number:
1026551
Solicitors:
Macfarlanes LLP
20 Cursitor Street
London
EC4A 1 LT
(Partner .' N J S Harries)
Bankers:
The Royal Bank of Scotland PIC
62 - 63 Threadneedle Street
London
EC2R 8LA
Independent Examiner:
Emily Smith FCA
Humphrey & Co
Chartered Accountants
7- 9 The Avenue
Easlbourne
East Sussex BN213YA
Investment Advisers:
Evelyn Partners
45 Gresham Street
London
EC2V 7BG

THE OLIVER FORD WILL TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 5 April 2024
The Trustees present their Report and Accounls for the year ended 5 April 2024.
The Accounts have been prepared in accordance with the accounting policies set out in Nole 1 to
the Accounts and comply with the Charity's Trust Deed, the Charities Act 2011 and
' Accounting and Reporting by Charities '. Statement of Recommended Practice applicable to
charities preparing their Accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 102) (effective l January 2019) '
Objectives and Activities for the Public Benefit
Originally the primary object of the Charity, for which the Trustees can apply both income and
capital of the fund, was the furtherance of the education of the general public and the
advancement of knowledge of the history and techniques of interior decoration, the design of
fabrics and other decorative materials and landscape gardening, with particu5ar reference to the
work of Oliver Ford. Other organisations which the Trustees may support with fund income are
the Anthroposophical Society in Great Britain, the Camphill Village Trust, the Ravenswood
Foundation or any other Village or Home for the mentally handicapped which is not state
subsidised.
By Order of the Charity Commissioners dated 9 September 2005, certain modifications were
made to the primary object, which from that date replaced the wording "with particular reference
to the work of Oliver Ford with 'including (without prejudice to the generality of the foregoing)
with reference to the work of Oliver Ford"
The Order also extended Ihe range of organisations which the Trustees may support. From 9
September 2005 these cover'the charitable purposes of The Anthroposophical Society in Great
Britain {registered Charity no. 2204801, The Camphill Village Trust Limited {registered Charity no.
232402) and Norwood Ravenswood (registered Charity no. 1059050) or any other Charity
providing housing, educational or training facilities for children, young persons or adults who have
learning disabilities or learning difficulties" The Order also provides that support can come from
capital as well as from income.
The Trust carries out these objects by the maintenance of investments to provide both income
and capital growth which are in turn applied to the issue of grants within the following areas..
Oliver Ford scholarships for students attending the Victoria and Albert Museum.
Assistance to students of the Royal Horticultural Society.,
Assistance to students of the Furniture History Society., and
Providing grants to projects undertaken by those charilies providing housing, educational or
training facililies for people with learning difficulties such that those charities may enhance and
develop existing facilities or initiate new projects that fall within the objects of the Oliver Ford Will
Trust.
The trustees confirm that they have referred to the guidance contained in the Charity
Commission general guidance on public benefit when reviewing Ihe Trust's aims and objectives
and in planning future activities and setting the donalions policy for the year.

THE OLIVER FORD WILL TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED 5 April 2024
Achievements and Performance
The Trustees continued their policy of making donations to various registered charities involved
with education of the general public and a total of £158,1981£170,857 in 2023) was provided
during the year.
Details of the donations are shown in Nole 10 to the Accounts.
The level of donations issued by the Trustees during the year, when aggregated with donations of
earlier years, means that the trustees have issued substantially the whole of their net income of
the last nine year period to 5 April 2024 by way of charitable donations, in line with their target on
a year on year basis.
Financial Review
At the year end the total Fund was valued at £2,705,254.35 against £2,682,102.04 in 2023.
The Trust's income consists of inveslment income which is distributed to various charilable
organisations at the Trustees, discretion.
It is the aim of the Trustees lo maintain a balance between investments for capital gr0￿h and
income generation and to maintain readily accessible cash funds sufficient to fund anticipated
charitable donations over the coming year.
The Charity's reserves are primarily investments which are held to generate income and capital
growth, which provide funds to make grants in accordance wilh the Charity's objectives. Free
cash reserves total £152,065.91 at the year end and Ihe trustees consider that the level of
reserves is appropriate to meet current activities. Further reserves can be met with the liquidation
of a proportion of investments if required.
In addition, Ihe investment managers hold an element of the portfolio in liquid form such that
advantage can be taken of investment opportunities that are in keeping with investmenl policy, as
they arise.
The Trustees have assessed the major risks to which Ihe Charity is exposed and are satisfied
that systems are in place lo mitigate exposure to the major risks.
Investment performance is monitored regularly by Ihe Irustees including via presentations by Ihe
inveslment managers to twice yearly trustee meetings.
The Trustees consider that the spread of risk wilhin the investment portfolio is well placed to
weather the current financial uncertainties.
Operational risk is considered to be the extent to which the grants to the Victoria and Albert
Museum, Furniture History Society and the Royal Horticultural Society together with donations to
charities providing facilities to those with learning difficulties advance the objects of the Trust. The
Trustees manage this risk by detailed review of the applications for funding together with
monitoring of the students and projects to which grants are awarded, aided by regular reports
from the organisations concerned.

THE OLIVER FORD WILL TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED 5 April 2024
The Trustees conlinue to aim, year on year, to distribute all available income after expenses to
charitable organisalions. As well as offering one-off donations, the trustees intend to direct a
proportion of their income specifically towards training of students sponsored by charitable
organisations falling within the trust's objects. In addition, the trustees resolved at their meeling
on 8 June 2015 to spend up to £50,000 each year from capital funds to supplement donations
including studenl training cosls. The latter allocation has resulted in increased annual donations
relative to the previous levels.
At the trustees meeting on 29 May 2019, il was recognised that in order to make meaningful
grants which made a material impact, it would be appropriate to increase the annual capital
spend to £100,000 in total. Whilst the trustees would nol be obliged to spend Ihe full amount, it
should be factored in to the summary of assets and available income.
Structure, Governance and Management
The Oliver Ford Trust was established under the terms of the Will dated 20 February 1988 of
Oliver Ford, who died on 17 October 1992. Whilst commonly known as The Oliver Ford Will
Trust, the Charity is also known as Oliver Ford Foundation, and it is under this name that it is
registered with the Charity Commission under number 1026551. The terms of the Trust were
amended by Deed of Amendmenl dated 9 May 2023.
An Order of Ihe Charily Commissioners daled 9 September 2005 also allows the Trustees to
amend the trust, subject to certain conditions, from time to time, if they are satisfied that it is
expedient in the interests of the Charity to do so.
The Trustees who served during the year were..
Lady Alison Wakeham
Martin Philip Levy
Matthew Derek Pintus
Under the terms of the Trust Deed the power of appointing new Trustees is vested in the
surviving or continuing Truslees. Trustees are selected having regard to both their general
experience, and Iheir knowledge and experience of the objects of the trust, and any personal
knowledge of the existing trustees. Professional advice is available to new trustees from Ihe
trustees, solicitors for training purposes regarding the duties of a trustee.
All Trustees give of their time freely and no trustee received any remuneration, benefits or
expenses from the Charity during the year. Trustees are required to disclose all relevant interests
and to withdraw from decisions where a conflict of interest arises.
Evelyn Partners {formerly Smith & Williamson Investment Management Limited) are the Trust's
investment adviser whose brief is to advise and manage an investment portfolio on a
discretionary basis.
Investments held at 5 April 2024 were acquired in accordance with the powers of Ihe Trustees.

THE OLIVER FORD WILL TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 5 April 2024
The investment strategy is sel by the Trustees and in doing so the Trustees have regard to the
income requirements, the risk profile and their investment manager's view of market prospects in
the medium term.
statement of Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees, Report and the Accounts in accordance
with applicable law and United Kingdom Accounting Standards {United Kingdom Generally
Accepted Accounlancy Practice).
The Law applicable lo charilies in England and Wales requires the Trustees to prepare Accounts
for each financial year which give a true and fair view of the state of affairs of the Charity and of
the incoming resources and application of resources of the Charity for that year.
In preparing these Accounts. the Trustees are required to:_
select suitable accounting policies and apply them consistently.,
observe the method5 and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any
departures disclosed and explained in the Accounts.,
prepare Ihe Accounts on the going concern basis unless it is
inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping sufficient accounling records which disclose with
reasonable accuracy at any lime the financial position of the Charity and to enable them to
ensure that the Accounts comply with the Charities Act 2011, the Charity (Accounts and Reports)
Regulations 2008 and the provisions of the Trust Deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The Trustees, Report was approved b
the Bo
rustee
Approved by the Trustees and
signed on their behalf by:
Dated
Ort
.2024

THE OLIVER FORD WILL TRUST
Independent Examiner's Report to the Trustees of The Oliver Ford Will Trust
I report to the trustees on my examination of the accounts of The Oliver Ford Will Trust {the
Trust) for the year ended 5 April 2024 which are set out on pages 7 to 15.
ResponslbS1Sties and basis of report
As the Charity trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 20111'the Act'}.
I report in respect of my examination of the Trustees, accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145(5){b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention
in connection with the examination giving me cause to believe that in any material respect..
1.) accounting records were not kept in respect of the Trust as required by section 130
of the Act., or
2.) the accounts do not accord with those records., or
3.) the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities {Accounts and Reports) Regulations 2008
other than any requiremenl that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no olher matters in connection with the examination to
which attention should be drawn in Ihis report in order to enable a proper understanding of the
accounts to be reached.
Emily Smith FCA
Humphrey & Co
Chartered Accountants
7-9 The Avenue
Eastbourne
East Sussex BN213YA
Date
9 December
. 2024

THE OLIVER FORD WILL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
Year Ended 5 April 2024
Note
2024
2023
Income and Expenditure
Income from:
Investments
Dividend in Specie - Woodside Energy
Adjustment to book cost BHP (from 2015)
74,675.30
79,766.19
9,051.73
1,848.00
90,665.92
74,675.30
Expenditure on:
Raisin
funds
Investment Management Fees
Legal Enlity Identifier Registration Fee
11,464.04
60.00
11 ,751.97
78.00
Charitable activities
Donations
Funding commitmen15
10
158,198.00
170,857.00
1,456.31
Other ex
enditure
Land Regislry Fees
Legal Fees
Independent Examination
Macfarlanes Accountancy Fees
Total resources expended
6.00
18,000.00
3,060.00
3,000.00
18,018.18
3,000.00
3,000.00
193,788.04
208,161.46
Net gains (losses) on investments
£142,265.05 (£157,904.83
Net movement in funds
23,152.31
(275,400.37)
Fund balances at 6 April 2023
2,682,102.04
2,957,502.41
Fund balances at 5 Aprtl 2024
£2,705,254.35 £2,682,102.04
All funds are unrestricted

THE OLIVER FORD WILL TRUST
BALANCE SHEET at 5 April 2024
2024
2023
Notes
Fixed Assets
Investments
2,553,188.44
2,564,733.26
2,553,188.44
2,564,733.26
Current Assets
Cash at bank and in hand
167,017.48
167,017.48
136,634.61
136,634.61
Current Liabilities
Creditors.. amounts falling due
wilhin one year
{ 14,951.57)
{ 19,265.83)
Net current assets
152,065.91
117,368.78
Total assets less current liabilities
£2,705,254.35
£2,682,102.04
Unrestricted funds
2,705,254.35
2,682,102.04
£2,705,254.35
£2,682,102.04
The accounts were approved by the Trustees on
Lady Alison Wakeham
ste
Mart
Levy
Trustee
Matthew Der
Pintus
Trustee

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
1 A¢¢ounting Policies
Charity Information
The Oliver Ford Trust was established under the terms of the Will dated 20 February 1988 of
Oliver Ford, who died on 17 October 1992. Whilst commonly known as The Oliver Ford Will Tr
ust, the Charily is also known as Oliver Ford Foundation, and it is under this name that it is reg
istered with the Charity Commissioners under number 1026551.
1.1 Accounting Convention
These Accounts have been prepared in accordance with FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" IFRS 102,1, "Accounting and Reporting
by Charities" the Statement of Recommended Practice for charities applying FRS 102, the
Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January
2019. The Charity is a Public Benefil Entily as defined by FRS 102.
To ensure that the accounts Show a true and fair view, the trustees have not complied fully with
the Charities (Accounts and Reports) Regulations 2008 as these refer specifically to Ihe
previous 2005 SORP and have not been updated to reflect the changes in legislation to the
FRS102 SORP.
The Accounts are prepared in sterling, which is the functional currency of the Charity.
The Accounts have been prepared on the historical cost convention modified to include
investments at fair value. The principal accounling policies adopted are set out below.
1.2 Going Concern
At the time of approving the Accounts, the trustees have a reasonable expectation that the
Charity has adequate resources to continue in operational exislence for the foreseeable future.
Thus the trustees continue to adopt the going concern basis of accounting in preparing the
Accounts.
1.3 Charitable Funds
Unrestricted funds are available for use at the discrelion of the trustees in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
1.4 Incomlng Resources
Income is recognised when the Charity is legally entitled to il after any performance condition
s have been met, the amounts can be measured reliably, and it is probable that income will b
e received.
The Charity is a registered Charity and therefore is not liable for income tax or corporation tax
on income derived from its charitable activities, as it falls within the various exemptions available
to registered charities.

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
1.5 Resources Expended
Expenditure is recognised on an accrual basis as a liability is incurred.
Costs of generating funds comprise the Inveslment Managers, costs associated with the
management of the investment portfolio in accordance with the strategy set by the Trustees.
Charitable expendilure in the form of donations payable is accounted for as and when approved
by the Trustees and when due for payment.
Other costs include those costs associated with meeting the constitutional and statutory
requirements of the Charity and include the audit fees and legal costs linked to strategic
management of the Charity.
1.6 Fixed Asset Investments
Investments are included on the Balance Sheet at their market value at the end of the financial
period. Listed investments are slated at the mid price on the London Stock Exchange and the
bid prices provided by the Fund Managers for unit Irust holdings. Gains and losses on
investment assets are credited, or debited, to the Statement of Financial Activities in the year in
which they arise.
1.7 Cash and Cash Equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-
term liquid investments with original maturities of three months or less and bank overdrafts.
Bank overdrafts are shown within borrowings in current liabilities.
1.8 FinancSal Instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes
party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
stalements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to seltle on a net basis or lo realise the asset and settle Ihe liability
simultaneously.

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2024
Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaclion costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic Financial Liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction
price unless the arrangement conslitules a financing Iransaction, where the debl instrument is
measured at the present value of the future receipts discounted al a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.
Trade creditors are obligations to pay for goods or services Ihat have been acquired in the
ordinary course of operations from supplier. Amounts payable are classified as current liabilities
if payment is due within one year or less. If nol, they are presented as non-current liabilities.
Trade creditors are reGognised initially at transaction price and subsequently measured at
amortised cost using the effective interesl method.
Derecognition of Financial Liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are
discharged or cancelled.
1.9 Critical accounting estimates and judgements
In the application of the Charity's accounling policies, the Trustees are required to make
judgements, estimates and assumptions about the Garrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors thal are considered to be relevant.
Actual results may differ from these estimates. The estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period
in which the estimate is revised where Ihe revision affects only that period, or in the period of
the revision and fulure periods where the revision affects both current and future
periods.
In the year ended 5 April 2024 the Trustees consider that there were no critical accounting
estimates or judgements arising that require disclosure.

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
2 Income from Investments
2024
2023
Income received - U K Equities
Income received - Unit Trusts
Fixed Interest Securities
Income from Overseas Securities
Property Income Distribution
Interest on Cash Deposits
36,716.76
15,651.64
1,222.63
16,491.61
2,055.60
2,537.06
38,882.99
15,281.17
182.72
19,453.89
5,279.15
686.27
£74,675.30
£79,766.19
3 Independent Examiner's Remuneration
The analysis is as follows-
2024
2023
Independent Examination
3,060.00
3,000.00
£3,060.00
£3,000.00
4 Trustees
None of the trustees (or any persons connected with them) received any remuneration, benefits
or expenses from the Charity during the year (2023'.nil).
5 Employees
There were no employees during the year {2023'.nil).
6 Net Gainsl(Losses) on Investments
2024
2023
Revaluation of Investments
Loss on Sale of Investments
164,227.38
(21,962.33)
(139,384.57)
(18,520.26)
£142,265.05
£157,904.83
12

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
7 Fixed Asset Investments
2024
2023
Listed I nvestments
£2,553,188.44
£2,564,733.26
Investments are included on the Balance Sheet at their market value at the end of the
financial period. Listed investments are staled at the mid price on the London Stock
Exchange and the bid prices provided by the Fund Managers for unit trust holdings.
The historical cost of the fixed asset investments is £1,508,002.26 {2023 - £1,552,720.23).
Movements in Fixed Asset Investments
2024
2023
Cost or Valuation
Al 5 April 2023
Additions
Valualion Changes
Disposals
2,564,733.26
418,145.60
142,265.05
(571,955.47)
2,673,691.26
231,170.89
(157,904.83)
{182,224.061
At 5 April 2024
£2,553,188.44
£2,564,733.26
Carrying
Amount
Al 5 April 2024
£2,553,188.44
£2,564,733.26
At 5 April 2023
£2,564,733.26
£2,673,691.26
13

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
8 Financial Instruments
2024
2023
Carrying Amount of Financial Assets
Equity instruments measured at cost less impairment
£2,553,188.44
£2,564,733.26
Carrying Amount of Financial Liabilities
Financial liabilities measured at amortised cost
£14,951.57
£19,265.83
Financial Liabilities . breakdown
Amounts falling due within one year:
Accounts preparation
Independent examination
Investment Management Fees
Legal Fees
Donations payable
Land Registry Fees
3,000.00
3,060.00
2,885.57
6,000.00
3,000.00
3,000.00
2,947.65
6,018.18
4,300.00
6.00
£14,951.57
£19,265.83
9 Current Assets
2024
2023
Cash at bank and in hand
Macfarlanes LLP
Evelyn Partners
30,565.04
136,452.44
25,971.26
110,663.35
£167,017.48
£136,634.61
14

THE OLIVER FORD WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024
10 Charitable Donations Made By The Trust
2024
2023
Grants to Students'.-
Furniture History Society
Royal Horticultural Society
Assist Trust
Blyth Star Enterprises Limited
Camphill School Aberdeen
Cann Bridge School
Chailey Heritage Foundation
Dorset Community Action
ECHO - Extra Choices in Herefordshire
Filzroy Support
Maclntyre
Martha Trust
Martineau Gardens
Mencap - Grove Coltage
Minslead Trust
National Star
Norwood Ravenswood
Oakfield Easton Maudit Limited
Opening Doors
Reach Learning Disability
Rossendale Trust
Spadework
Speaking Up Speaking Out
Stable Family Home Trust
Stanley Grange Community Association
Stepping Stones
Stockdales
Style Acre
The Atlingham Trust
The Bren Project
The Crumbs Project
Thrive
Time Out Group
United Response
V & A Grinling Gibbons Conference
Where Next Association
Winchester Go LD
Your Voice Counts
4,062.00
15,000.00
10,000.00
1,000.00
3,380.00
15,000.00
10,000.00
4,455.00
5,000.00
7,500.00
5,196.00
10,000.00
7,500.00
10,000.00
23,670.00
5,000.00
10,000.00
8,000.00
17.000.00
11,940.00
5,000.00
5,000.00
15,000.00
10,000.00
15,000.00
5,000.00
10,000.00
10,000.00
6,320.00
15,000.00
2,732.00
4,300.00
5,000.00
5,000.00
5,000.00
5,000.00
10,000.00
1,000.00
1,000.00
5,000.00
5,000.00
£158,198.00
£170,857.00
All grants detailed above were provided lo institutions.
11 Related Party transactlons
There were no disclosable related party transactions during the year (2023'.none).
15

THE OLIVER FORD WILL TRUST
Appendix
11 Income from Investments
Holdlng
Datg
Gross
Tax
Overseas
Tax
Net
UK EQUITIES- DIVIDENDS
Astrazeneca PIC
Ord US$O.25
Shares
350
25103124
546.00
546.00
Aviva PIC Ord 32
17119p Shares
7,600
7,600
18105123
05110123
1,573.20
843.60
1,573.20
843.60
BP PIC Ord
US$O.25 Shares
7,000
7,000
7,000
7,000
23106123
22109123
19112123
28103124
371.62
401.24
401.57
398.45
371.62
401.24
401.57
398.45
Compass Group
PIC Ord 11.05p
Shares
3,300
3.300
27107123
29102124
495.00
927.30
495.00
927.30
Diageo PIC Ord
28 1011108p
Shares
1,700
1,700
13104123
12110123
524.11
835.89
524.11
835.89
GSK PIC Ord 31
114p GBP IXLONI
Shares
2,400
2,400
2,400
2.400
13104123
13107123
12110123
11101124
330.00
336.00
336.00
336.00
330.00
336.00
336.00
336.00
Haleon PIC Ord
1.25p Shares
3,000
13,000
27104123
05110123
72.00
234.00
72.00
234.00
Inlerconlinenlal
Hotel Group PIC
Ord 20 3401399p
Shares
909
909
16105123
05110123
691.57
351.78
691.57
351.78
Legal & General
Group PIC Ord
2.5p Shares
14,500
14,500
05106123
26109123
2,019.85
827.95
2,019.85
827.95

THE OLIVER FORD WILL TRUST
Holdlng
Date
Gross
Tax
Overseas
Tax
Net
National Grid PIC
Ord 12 2041473p
Ord Shares
4,876
4.876
09108123
11101124
1,833.38
945.94
1.833.38
945.94
Phoenix Group
Holdings Pl¢ Ord
10p Shares
6,000
6.000
10105123
23110123
1,560.00
1,560.00
1,560.00
1,560.00
Prudential PIC Ord
5p Share5
4.650
15105123
486.41
486.41
Re¢kill Benckiser
PIC Ord 10p
Shares
1,150
1,150
24105123
15109123
1.268.45
880.90
1,268.45
880.90
Rio Tinlo PIC Ord
10p Shares
1,220
1.220
20104123
21109123
2,261.27
1,679.57
2,261.27
1,679.57
Sage Group PIC 1
4tT7p Shares
7.604
7.604
23106123
09102124
498.06
969.51
498.06
969.51
Shell PIC Class B
Ord Euro 0.07
Shares
3,400
3,400
3,400
3,400
26106123
18109123
20112123
25103124
781.66
888.08
894.54
914.60
781.66
888.08
894.54
914.60
Smith ID SI PIC
Ord 10p Shares
8,272
8,272
03110123
31101124
992.64
496.32
992.64
496.32
SSE PIC Ord 50p
Shares
2.600
2,600
21109123
08103124
1,760.20
520.00
1.760.20
520.00
Unilever PIC Ord 3
119p Shares
1,800
1,800
1,800
1.800
15106123
31108123
08112123
22103124
680.94
666.00
668.70
656.46
680.94
666.00
668.70
656.46
£36,716.76
£36,716.76

THE OLIVER FORD WILL TRUST
Holding
Date
Gross
Tax
Overseas
Tax
Net
UNIT TRUSTS- DIVIDENDS
Aberdeen
Diversified
Income & Growth
Trust Plc Ord 25p
Shares
40,000
40.000
06107123
19110123
568.00
568.00
568.00
568.00
BlackRo¢k
Conlinenlal
European Income
Fund D
25,600
25,600
25,600
25,600
28104123
31107123
31110123
31101124
97.70
1,480.07
151.23
181.16
97.70
1,480.07
151.23
181.16
First Senlier
Inveslm&nls Asia
Pacific Leaders
Class B NAV
Shares
14,000
14.000
30109123
31103124
1.017.40
162.38
1,017.40
162.38
Forevjn &
Colonial
Investment Trust
PIC Ord 25p
Shares
12,500
8,500
8,500
8.500
11￿5/23
01108123
01111123
01102124
487.50
289.00
289.00
289.00
487.50
289.00
289.00
289.00
JPMorgan Asset
Management UK
Ltd US Equity
Income Fund
Income C NAV
Shares
34,000
34.000
24.000
12,000
28104123
31107123
31110123
31101124
972.40
863.60
619.20
313.20
972.40
863.60
619.20
313.20
Morgan Stanley
Investment Funds
IUKI Global
Brands l Dis
2,000
2,000
31108123
29102124
316.36
216.66
316.36
216.66
VH Global
Sustainable
Energy Opps PIC
Ord 0.01p Shares 50,000
50,000
50,000
50,000
30106123
14109123
08112123
28103124
690.00
690.00
690.00
465.00
690.00
690.00
690.00
465.00
£11,416.86
£11,416.86

THE OLIVER FORD WILL TRUST
Holding
Date
Gross
Tax
Overseas
Tax
Net
UNIT TRUSTS INTEREST RECEIVED
Blackrock Fund
Managers Ltd
Corporate Bond S
Inc
45.000
45.000
45.000
45.000
28104123
31107123
31110123
31101124
411.37
455.54
472.66
491.02
411.37
455.54
472.66
491.02
Ninety One Fund
hllanagers
Diversified
Income J 2
Income Sha￿$
56,500
56,500
56,500
56,500
29112123
31101124
29102124
28103124
91.02
197.24
172.95
227.98
91.02
197.24
172.95
227.98
Ralhbone Ethical
Bond Inslilutlon81
Inc
50.000
50,000
50.000
31105123
31108123
30111123
470.00
485.00
515.00
470.00
485.00
515.00
VH Global
Sustainable
Energy Opps PIC
Old 0.01p Shares 50.000
28103124
245.00
245.00
£4.234.78
£4,234.78
FIXED INTEREST
Treasury 0.125%
Index-Linked
Stock 22103129
65,000
65,OOQ
22109123
22103124
64.14
64.73
64.14
64.73
Treasury 10
Index Linked
Slo¢k 2210412024
GBP 1000
35,000
22110123
175.00
175.00
Treasury 2.750
Gill Snr Bds
719124 GBP1000
Regs
50,000
07103124
687.50
687.50
Treasury Stock
0.125°
3110112024
35,000
35,000
31107123
31101124
21.88
21.88
21.88
21.88
Treasury Stock
0.250/0 31.01.25
75,000
75,(KlO
31107123
31101124
93.75
93.75
93.75
93.75
£1 222.63
£1,222.63

THE OLIVER FORD WILL TRUST
Holding
Date
Gross
Tax
Overseas
Tax
Net
OVERSEAS DIVIDENDS
Bank of Arnerica
Corporation
USDO.01 Shares
1.700
1,700
1,700
1,700
30106123
29109123
29112123
29103124
293.54
331.25
317.37
321.28
44.03
49.69
47.61
48.19
249.51
281.56
269.76
273.09
BHP GROUP LTD
NPV
3.000
3.000
28109123
28103124
1,922.23
1,688.95
1,922.23
1,688.95
Commonwealth
Bank of Australia
Ord A$2
1,150
1,150
28109123
28103124
1,436.20
1,267.68
1,436.20
1,267.68
Findlay Park
Funds FP
American Smaller
Companies Fund
US$ Class Shares
350
11101124
37.32
37.32
Guinness Global
Eq￿llY Income
Fund Z Income
Shares
2,500
2,500
31107123
31101r24
821.00
562.50
821.00
562.50
Heineken NV
Eur1.60
500
500
02105123
10108123
537.31
295.53
80.60
44.33
456.71
251.20
Microsoft
Corporation
USDO.00000625
360
240
240
240
08106123
14109123
14112123
14103124
192.86
129.64
139.73
139.87
28.93
19.45
20.96
20.98
163.93
110.19
118.77
118.89
SEI Global Ma51er
Fund PIC
3.700
12101124
505.72
505.72
Sequoia
Economic
Infraslruclure
Income Fund LTD 50,000
50,000
50,000
50,000
26105123
25108123
24111123
29102124
859.38
859.38
859.38
859.38
859.38
859.38
859.38
859.38
£14,377.50
£404.77 £13,972.73

THE OLIVER FORD WILL TRUST
Holdlng
Date
Gross
Tax
Overseas
Tax
Net
OVERSEAS INTEREST
CG Porlfolio Fund
PIC Capital
Gearing Portfolio
10111123
646.20
646.20
ISHARES USD
CORP BD UCITS
ETF GBP DIST
HDG
9,000
9,000
9,000
28106123
31108123
27109123
423.00
93.38
456.30
423.00
93.38
456.30
Nestle Finance
International
Limiled 2.250/
Nol&s 30111123
40,000
30111123
900.00
900.00
£2,518.88
£2.518.88
PROPERTY INCOME DISTRIBUTION
Supermarket
Income REIT PIC
Ord 0.01 Shares
50.000
26105123
750.00
750.00
Warehouse REIT
Pl¢ Ord 0.01p
Shares
40,800
40,800
07107123
06110123
652.80
652.80
652.80
652.80
£2.055.60
£2,055.60

THE OLIVER FORD WILL TRUST
21
Investments held at 5 April 2023
Invèstments htrld ats A ri12024
C05t or
Market
Value
2023
Adjusted
Unreall8ed
galnlllossl
Holding
Cost
Holding
Cost
Value
Aberdeen
Diversrfied
Income & Growth
Ttust PIC Ord 25p
Shares
40,000.00
50,301.00
33,120.00
Technoltyy TtU51
PIC Ord 25p
Share&
25,000.00
3.63a.92
55,625.00 25,000.00
3,639.g2
55,625.00
86,875.00
31,2SO.00
Alphabel Inc
Cbss A
US$O.001 Capital
Stock
400.(KJ
43,543.50
43,543.50
48,265.93
4,722.43
Aslrazeneca PIC
Ord US$O.25
Shares
350.(KJ
36,270.75
30.270.75
37.170.fMI
11.1fMI.751
Aviva Pk Ord 32
17119p Shar&s
7,fKJO.00
29.407.88
31.OB4.00
7,600.00
29,407.88
31.084.00
37.270.40
6,188.40
Bank DfAmerit
Cotporalion
USOO.01 Shares
1,700.00
41,288.23
37.698.20
1,7tKI.00
41,288.23
37,698.20
49.923.62
12,225.42
Beazley Pk Ord
5p Shares
8,800.00
44,792.90
44.792.90
57.904.00
BHP GROUP
LTO NPV
3,000.00
54,944.07
72.375.00
3,000.00
54.944.07
72,375.00
68,550.00
13.825.W)
BPackRo¢k
Conlinenial
European Income
Fund O
25,600.00
39,729.23
48,606.69 25.600.00
39.729.23
46,606.69
46.994.38
2,387.09
Blackrock Fun(S
M8nagÈrs Ltd
Corporale Bond S
Inc
45.000.00
51,691.74
44.143.70 45.000.00
51.091.74
44.143.70
44.337.15
193.45
8P Plo Ord
VS$O.25 Shares
7.OW.QO
42.348.52
37.359.00
7.000.
42.348.52
37.359.00
35.427.00
11.032.001
CG Portfolb Fund
Lld Icyml
Porttollo Fund
NAV Shares
18.752.64
37.116.66
18,752.64
37.116.66
36,806.09
(310.571
Commonweallh
Bank ofAuslralia
Ord A$2
1.150.00
6.988.19
61.3gs.43
1,150.00
6.g68.10
61.395.43
70,697.68
9,302.25
Compass Group
Pl¢Ord 11.05p
ShgBs
3.300.00
19,487.08
66.825.00
3,3tKJ.00
19,487.OB
66,825.00
73,293.00
6,468.00
Diageo PIC Ord
28 1011108p
Shares
1,700.00
12,226.SO
62,373.00
1,700.00
12,226.50
82,373.00
48,441.50
113,931.50)

THE OLIVER FORD WILL TRUST
21
Investments held at S April 2023
Investments held at S April 2024
C05tor
Mark8t
Value
2023
Adjusted
M8rk8t
Value
Unreallsed
Holdlng
Cost
Holdinu
Cost
Disney (Wa111 Co
Ltd Common
US$O.01 Shares
350.00
30.892.78
28.061.61
Flndl8y Park
Funds FP
Americ8n Smaller
Companies Fund
US$ Class
Shares
1.(m.00
21.728.46
131.271.oe
350.00
7.604.06
45.944.87
60.127.42
14,182.55
IDveslfflenls Ask9
Pacifj¢ Legders
Class B NAV
Shares
14.(KJO.00
37,533.46
136,315.20 14,000.00
38,713.24
137,494.98
142,675.40
5.160.42
Forebn &
Colonial
Inveslfflenl Trust
PIC Ord 25p
Shares
12,500.rKJ
17,304.79
111,125.00
6,500.00
11,767.26
75,565.00
84,490.00
8,925.00
GSK PIC Ord 31
114p GBP IXLONI
Shares
2,400.00
17,270.60
35,692.80
2,400.00
17,270.60
35.692.80
39,108.00
3,415.20
Guinness Gk)bal
Equity Income
Fund Z Income
Shares
2,500.00
47.624.54
68,446.50
2.$00.00
47.624.54
66.446.50
73.679.50
7,233.00
HalÈon PIC Ord
1.25p Sh8fes
3,000.00
4.010.65
10.219.50 13.LKIO.00
37.287.90
43.476.75
42.387.LKI
11,109.751
Helneken NV
Eurl.80
500.00
40,351.44
44.443.66
500.
40.351.44
44,443.66
37.351.78
17.091.901
Inlerconllnenlal
Hotel Group PIC
Ord 20 340fJ99p
Shares
9.00
24.016.g5
47.486.16
OOQ.OD
24.016.a5
47.486.16
71.574.66
24.088.$0
ISHARES USD
CORP BD UCITS
ETF GBP DIST
HDG
9,¢XIO.00
51,247.81
39,458.00
JPMorgan A$s?t
ManagÈm&ni UK
Lld US Equity
Income Fund
Income C NAV
Shares
34,000.OD
50.442.9D
144,670.00 12,000.00
17,803.37
51,060.00
$4,948.00
3,888.00
Legal & Gener81
Group pfc Ord
2.5p Shares
14.500.00
40.356.11
34.046.00 14.500.00
40.356.11
34.046.00
36,409.50
2,363.50
MiGf050ft
Cotporalion
USDO.000(M)625
360.00
40.513.44
82,143.96
240.00
27,(KJ8.96
54.762.64
80,814.56
26,051.92

THE OLIVER FORD WILL TRUST
21
Invo$tments held a15 Aprll 2023
Inveslments held At 5 Aprll 2024
Cos¢ or
Markel
Value
2023
Adlusled
Markit
Value
Unrt811$8d
Holdlng
Cost
HoldSno
Cost
Moigan S18nley
Invesimenl Funds
UK) Global
rands l Dis
2.000.00
21.129.92
74,428.40
2.000.iKJ
21.129.92
74,428.40
80,905.80
6,477.40
Naiional Gr￿1 PIC
Ord 12 2041473p
Ord Shares
4.876.00
36.722.05
55.050,04
4.876.OD
36.722.g5
55,050.04
50,369.08
14,660.961
Ne$￿￿ Flnance
Iniemallonal
Limiled 2.25*
Noles 30111r23
40.1YJO.00
40.494.20
39.452.00
Nin8ty One Fund
Manageis
Dlverslfied
Income J 2
Income Shares
56.$00.00
49,832.70
49,832.70
51,109.90
1,277.20
Phoenlx Group
Holdings Pk Or
10p Shales
6.000.00
37,904.97
32,640.00
6,000.00
37,904.97
32,640.00
32.850.00
210.00
Ptudenli41 Pk Old
Sp Shares
4,650.00
34,891.16
51,289.60
RalhbDne Elhical
Bond InsblulN)Dal
Inc
so,000.00
49,561.97
41,1gJ.00
Reckill Yencklser
PIC Ord 10p
Shares
1,150.00
7,469.30
72,884.00
1.150.00
7.469.30
72.864.00
49,162.50
123.7Q1.501
Rio Tlnio PIC Ord
Iop Shares
1,220.00
11.632.19
84.452.60
1.220.00
11,032.19
64.452.60
BU,688.90
(3.783.701
Sage Group Pk 1
4177p Shares
7.￿.00
23.450.06
5e.535.5
7.604.00
23.450.06
58.535.59
94.821.88
36.286.29
SEI Glol)81 Master
Fund P
3.700.00
4g,616.93
49.616.93
50.638.00
1,221.07
Seguola
Economic
Infr8$1mclur8
Income Fund
Llmlled Class C
Sliares
50,000.(M)
53,946.4g
40,7(KJ.00 S0,0(KJ.(KJ
53,946.49
40,700.00
40,700.rKJ
Shell Plcclass B
Ord Euro 0.07
Share5
3.400.00
33,004.26
80,342.00
3.400.00
33.004.26
80,342.00
94,520.tMI
14,178.00
Smith ID SI P
Ord 10p Shares
8,272.00
27,360.12
25,43fj.40
8.272.00
27.360.12
25,436.40
33.915.20
8.478.80
SSE PIC Or($ 50p
Shares
2.600.00
38.319.54
47,151.LKI
2.600.00
38.319.54
47,151.00
41.327.00
15,824.(M)I
Svp¥Jmiaikel
Income REIT PIC
Ord 0.01 Shares
50.000.OU
52,563.50
42.300.00

THE OLIVER FORD WILL TRUST
Investments held at 5 A
Inveslmet)ts held at 5 A TS12024
Co$1 or
Market
Value
2023
Adlusted
Market
Volue
Unreallsed
Holdlng
Cost
Holdlng
C08t
Treasury 1
Indèx Llnked
Slock 2210412024
GBP 1000
35.ODO.QO
33.989.26
33.989.20
34.949.25
059.99
Treasury 0.125%
Index-Llnked
Stock 22103129
65.ODO.QO
92.9DO.4
101.714.1Q 65.000.(K)
92,900.40
101.714.10
103.533.75
1,819.65
T￿aSury 2.75%
Glll Snr Bds
719124 GBP1000
Regs
50,OLKI.00
49,398.55
49,398.55
49.5S7.45
188.90
Treasury Stock
0.25% 31.01.25
75,000.00
70.098.78
70,374.00 75,OOD.oo
70.098.76
70.374.00
72.397.50
2,023.50
Unilever Pl¢ Ord 3
119p Shares
1.800.00
23.637.66
77,103.00
1,800.00
23.637.66
77.193.00
69,066.00
IB,127.(MII
Veolia
EnvironmeDI Ord
Euro 13.5
3,300.00
40,014.30
40,014.30
41,344.88
1,330.38
VH Global
Sustainable
Energy Opps PIC
Qrd 0.01p Shares
50.(AJI.00
50,897.36
49,600.00 50.000.00
50,897.36
49,600.00
33,600.00
116.OLXJ.001
Warehouse REIT
PIG Ord 0.01p
Shares
40.800.00
43.856.37
42,921.60
£1.552.720.23 £2.564.733.26
£1.508.(M)2.26 £2.388.961.06 È2.553.188.44
È164.227.J8

THE OLIVER FORDWILL TRUST
AcqulsitiOll5
Holding
Date
C05t
Event
Alphabet Inc
Class A
US$O.001
Capital Stock
400 05109123
43.543.50
Purchase
Aslrazeneea PIC
Ord US$O.25
Shares
350 15108123
38,270.75
Purchase
Beazley PIC Ord
5p Shares
8.800 02108123
44,792.90
Purchase
First Senlier
Investments
Asia Pacific
Leaders Class B
NAV
14,000 30109123
14,000 31103124
1,017.40
162.38
Accumulation
Accumulation
Haleon Olc Ord
1.25p Shares
10,000 15108123
33.257.25
Purchase
Ishares USD
Corporalion BD
UCITS ETF
GBP Distribution
9,000 31108123
93.38
Accumulation
Ninely One
Fund Managers
Diversified
Income J 2
Income Shares
56,500 23110123
49,950.11
Purchase
SEI Global
Master Fund PIC
3.700 27110123
49,616.93
Purchase
Treasury Stock
10/0 Index
Linked Stock
2210412024
GBP 1000
35,000 20104123
33.989.26
Purchase
Treasury 2.75Yo
Gill Snr Bds
07109124
GBP 1000 Regs
50,000 13110123
49,398.55
Purchase
Treasury Stock
3110112024
35,000 20104123
34,038.89
Purchase
Veolia
Environment
Ord Euro 13.5
3,300 15108123
40,014.30
Purchase
£418 145.60

THE OLIVER FORD WILL TRUST
Disposals
Holding
Date
Market
Value
Proceeds
Realised
Proflu (Loss)
Event
Aberdeen
Diversified
Income &
Growth Trust
PIC Ord 25p
Shares
40,000 13110123 33,120.00
30,614.20
12,505.80) Sale
Disney (Wall)
Co Ltd Common
US$O.01 Shares
350 2W09123 28,061.51
22,555.00
15,506.511 Sale
Find18y Park
Funds FP
American
Smaller
Companies USD
300 18105123 39.381.32
350 15108123 45.944.87
40,803.70
49,945.40
1,422.38 Sale
4,000.53 Sale
Foreign &
Colonial
Investment
TTUSt PIC Ord
25p Shares
4,000 17105123 35,560.00
35,604.08
44.08 Sale
Ishares USD
CorpL)rale Btsnd
9,000 13110123 39,549.38
35,762.71
13,786.671 Sale
JPMorgan AM
UK Ltd US
Equity Income
Fund Income C
NAV Shares
10,000 18105123 42,550.00
12,OL)0 15108123 51.060.00
41,668.48
50.980.27
1881.521 Sale
179.731 Sale
Microsoft
Corporation
USDO.00000625
120 17105123 27,381.32
29,645 62
2,264.30 Sale
Nestle Finance
International Ltd
2.25 10 30111123
40,000 30111123 39,452.00
40,000.00
548.00 Sale
Ninely One
Fund Managers
Diversified
Income J 2
Income Shares
56,500 29112123
117.41
117.41
Equalisalion
Prudential PIC
Ord 5p Shares
4,650 02108123 51,289 50
47,123.11
14,166.391 Sale

THE OLIVER FORD WILL TRUST
Holding
Date
Market
Value
Proceeds
Reallsed
Proflu (Lossl
Event
Ralhbone
Ethical Bond
Inslilulional Inc
50,000 12110123 41,190.00
40.008.50
11,181.501 Sale
Supermarket
In￿me REIT
PIC Ord 0.01
Shares
50,000 12106123 42.300.00
40,602.41
11,697.591 Sale
Treasury Stock
0.125 /.
3110112024
35.000 31101124 34,038.89
35,000.00
961.11 Redemption
Warehouse
REIT Pl¢ Ord
0.01p Shares
40,800 18110123 42,921.60
31,524.58
111.397.021 Sale
£593.917.80 £571,955.47
£21.962.33