Charfty numbef: 1050734 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST CONTENTS Page Referenc• and administrative detalls of the Charlty, Its Trusttts •nd advisers Trustees. report 2-10 Indepandent •xamlnerf8 rnport 11 Statoment of fln*nc5al acllvltl•8 12 Balance $ho•t 13 Notes to thg Ilnanclal statem•nts 14-24 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Dale ol TfU51 Deed 12 Ociober 1995 Tru$t•es Paul Oldham, Chairman and Settlor (appointed 21 October 19951 Michael Ocock lappoinled 21 October 1995, deceased 14 Febiuary 20221 Judy Moore lappo¢nted 16 June 20131 Steven Songhursl lappoinled 16 June 20131 Petei Co(blling lappoinled 14 September 20211 Two Ivrther trustees were app)tnted on 28 February 2023.. Deborah Goather and Robert Earf Charlty r•glst•red number 1050734 Reglstfyred addroS• 2 Pembury Gardens Matdslone Kent ME168AR Cl•rk Neil Hariis Independent Examln•r Duncan Crthrane-Dyel Bsc BFP FCA MHA W￿l011a Court 17-21 Ashlord Road Mamlslone Kent ME14 5DA Bank•rn National Westrninster Bank pl 3 High Street Maidstone Kenl ME14 1XU Page 1 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEP41BER 2022 The TrLtslees present their Annual Report together with the unaudited Financial Slalements for the year 1 January 2022 to 31 December 2022. The Tnjstees confirni that the Annual Report and Financial Statements of the Tfusl comply with the current slalulory requirements, the tequirements of the Trust's governing thumenl and the provisions ol the Statement of Recommended Practice ISORPI, applicable to charities preparing their 8ccounls in accordance with the Financol Re[￿l￿ng Standard applicabk in the UK and Republic ol Iretand IFRS1021. ObJ•ctlv•s and actlvftles a. Pollcles and objectiv•s The Trusfs objectives as set out in rts govering dc¢umenl are as folbvts.. 111 The promotion of education in the Maidstone area generalty and in particular the provision of financial assistance towards the maiftlenance and development ol the followng Schools and the creation of ￿hOlarshIpS or bursaries or prizes and financial assistance generally to be awarded to individual studen15 attending the said Schools'.- (al Maidstong Grammar School for Girls, 8uckland Road, MatsJstone {bl Maidslone Grammar School. Barton Road, MaKlslone lel The Astor of Hever School, Oakwood Park, Maidsl¢)ne Idl Weslborough Junior School, Tonbndge Ro>Y. Ma￿StOne. 121 The provision of financial assistsnce tchvards the maintenartce and developmeftl of Wadham College, Oxftsrd and the creation ol scholarships oi burs8ries or prizes and fina￿la1 4ssi$lan¢e generalty to be awarded to ndividual students attending the said Watlham College. Oxford. 131 The ￿MmUnty and individual inhabitsnts of the Parishes of Barming and Teston and p8￿culartY for thè publi¢ benefit of'.- {•) The poorer inhabitants of the said Parishes Ibl Any res￿entS within the said Parishes aspiring lo a university edUcat￿n or training for employment Icl The proviS￿n ol new and maintenance of existing ￿MMunity and relffjious faolibes in the Parishe$ including libraries, schools, village halls. sports and kisure facilities and medical eenlres. Idl The founding and support of kxal organisations whth exist for Charitats￿ purposes. 141 The promotion and development ol the study of the èrchaeolojy and history of the Hi$lorK County of Kent and ol places and people the Histor￿ County of Kent. 151 The acquis￿0￿, conservation, Tesearch and study for the publtc benefit of furniture, pictures, books, munirnenls. armour, porcelain, objels d'art and other chattels or rtems of local oi national hislor¢c, artistic. scients'fic interest 8ss0ciated or displayed in the Ma￿StOne Museum and Art Gallery and such other museums in the Historic County of Kent. 161 The preservation, protection and improvement for the publK benefit of historic buildings, churches, and graveyards in the Historic County of Kent and in particular the Parish Churth and graveyard ol Sl Margarets, 8arrning. In se￿.ng objectives planning for activities. the Trustees have given due consideration to general guidance publtshed by the Charity Commission relab.ng to pU￿1C benefiL including the guidance 'PUbl￿ benefit. running a chanty IPB21' Page 2 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 ObJectlves and activlties {contlnuod) b. Strat•gies lor achieving objeclivK and grant maklng polky The Trust believes that going forward through 2023 and into 2024 positive actson should be taken lo fulfil the aims of the Trust's obj'ectives. This act￿ musl be achieved within the constraints of each individual objectsve and developed to be achieved wthin the resources available lo the Trust whilst not creating an unachievable h¢)pe or aspirat￿ for t￿th indNiduals and groups. In May 2023 the Trust adapted its slraiegy gryng forward and devefv)ped on the basts above. This strategy is sel out below". Acllon Strat•gy ObJectlv• 1 To continue lo promote the 8vailability of giant money wthin Ihe named scht>)Is and to o)nsKler expanding Into other schools, which have ￿entIfied by Ihe Trust Al this stage no aclK)n wll be taken lo developing a scholarship and bursary scheme as current available funds are not sufficient for such a scheme though individual requests ￿11 be eonsidered. Actlons 1. Write lo all 4 named Schools each year ￿mIndIng them that they can put in applications for grant funding- prelerably write early in the school year. 2. Identify other Schoo15 in Maidstone area Trustees to ￿me fonvard wth ￿￿eaS for discussion and have agreed Barmin9 CP Sch¢)ol as the first of those schools ￿entrf￿d. 3. Write to thntilied sch¢￿5 ffom 2. Objectlve 2 To continue to promote the availability of 9ranl funding to the Colkge but diredty lo those areas noeding funding rather than through tt)e central grant organisalKIn. Al this siage no action *MII be taken to devek>ping a schOL4￿h1P and bursary scheme as current available funds are not sufficient for such a Scheme though indivKlual requests will considered. Actlo 1. This could be the most drfficutt to athieve wrthout using the College's Central Granl organisation bul Could ask the existing grant applicant lo promote the Tnjsl wlh hi5 Col￿gUeS. This ha5 already been act￿ned. Objectlve 3 To eonlinue to promote the availability of grant funding Imthin the Parishes of Barming and Teslon wth the particular emphasis of identi￿.￿g the gTOUP5 Within Ic) and Idl and seek from them applicatsons for grant funding Actions l. Create a list ol existing communty and ￿1￿lOuS facilities in the 2 Panshes slarb.ng wrth IhL)se that have already received a grant and others lh* meet the ￿teria set out in the oW"ve. Page 3 THE WILLIAM AND ED￿H OLDHAM CHARITABLE TRUST TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and a¢tlvttl•s l¢ontInu￿) 2. Gel Trustees. using their k*al knowledge, lo c*)me forvrdrd with further bodies and facilitses and then pull together a definibve list, though the list should be ￿￿eWed on a regular basis. 3. Wiile to any ne￿ ￿entified organisation within the new list ol community and religtous facilities Introducing the Trust and their eligibility to appty for funds. Oblectlvo 4 To continue to promote Ihe availability ol grant funding lo th¢tse indNidual$ and group5 undertaking work in this field includin9 apprwhing specific Indiv￿uals and groups to pul in bhds for grant funding. This relies on the Chairman's extensive knowledge and awareness wthin th¢s r￿Id but can be helped by bringing tO9elher an established list of indivhluals and groups that have alfe&Jy received a grant and a￿ continuing lo work within this area. Actlons 1. Draw up a list of all individuals and groups that the Trusl has already supported 2. Seek from the Chairman and the Trustees the names of any other indwbduals and groups that have previously not been awarded a grant and which would be elNJible. 3. Researeh to find whether Ihere any other individuals and grc4Jps Ihal have previously not teen awarded grant and whieh would be eligible. 4. Once a list has been compiled. write to them introdueing Ihe Tru51 and that they woukl be eligible lo apply for fvnds. ObJ•¢tlv• S To continue to Pfomote the 8vaifability of grant funding for these projects xross all of the eligible museums within Ihe HislorK County of Kent and to seek applKations from them. Actlons 1. Draw up a list of all el¥ible Museums and agree this the Trustees 2. Write lo the Museums indicab.ng to them that they can apply for grant ￿ndIng and to make applications for fvnds. Objectlve 6 To continue to promote the availabilty of gianl funding to seek to achwe the aim of this objective particularly within the Parishes of Barming and Teslon arsd with the Mahlstone area as well. The Trust woukl also welcome applications for funding from across the whole of the HistorK County of Kent whilst promth'ng the availability ol funding wilhin the define 773,246 R•conclllatlon of lund•: Total lunds brought for*rard Net movement In lunds 7.368.377 7,368.377 11,631,343) 11,631,343) 6,595, 131 773,246 Total lunds carrled forward 5,737.034 5.737.034 7,368,377 The Statement of finanaal activities indudes all gains and losses rectsanised in the year. The notes on pages 14 10 24 form part of these fina￿la1 $tslements. Page 12 THE WILLIAM ANO EOtrH OLDHAM CHARITABLE TRUST BALANCE SHEEr AS AT 31 OECEklBÈR 2022 2022 2021 Noi• Flx•d •••qts In¥o8try￿nts 5,567,145 1,299.238 5,587.145 7.299.238 Cury•nt ••Mts Dobtors C•$h 91 bank •nd h h8nd 12 5.776 345,940 4.707 262.575 351.711 267.282 Crn¢llM.' onK•unl$ lolllro duo %￿l￿n or 13 P01.IZ71 (198. 143J P4•t ¢urr•nt ••••¢• 149,•89 e9.139 Tot*1 n•t ••••t• S.7J7,034 7,368,377 Ch•rtty tund• Unrostrtdod Iwds 15 5,737,034 7,)6Q3ri Total fund• 5.737.034 7,388,377 Tho Ihandal 8tst¢montB worts•pwovod and 8ulhty1￿d lor by tho TnJstoo$ ¥1￿ #Ill￿d on ￿01r boho11 by.. •yl Oldham Sto¥•n Songhur¥t Date. I l 0&,tr Tho on pty•s 14 10 24 fomi ol Ihem •tot•iwls. P•ao 13 THE WILLIAM AND EDITH OLDHAM CHARrrABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 General Infornutlon The William and Edith Ofdham Chaiitsble Trvsl is an unincorporated charity regulated by the Charity Commission in England and Wales and govemed by the Trust Deed dated 12 October 1995. The registered address is given on page 2 of these financial stslements. The nature of the Tru5fs operats'on$ and principal activities are the ma￿.ng of grants lo deserying causes which meet the Cr((er￿ laid down in the Trust Deed from the Investmenl income arigng. The financial stslements are presented in slerfing which Is the functional currency of the charity and r¢)unded lo the nearest pound. The signrfKant a¢counling w)licies applied In the preparation of these financkgl stslements are sel out below. These polries have been consislentty appljed lo all years presented un￿sS othenv¢se staled. Accountlng pollcl•s 2.1 Ba81s of pr•paratlon of ftnancSal statsmtnts The financial statements have been prepared in accordance wth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their aceounis in accordance with the Financial Reporting Slandafd applicable in the UK and Republic of Ireland IFRS 1021 leffectsve 1 January 20151- (Charit￿S SORP FRS 1021. the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Charili¢$ Act 2011 and applicable re9ulalions. The financial statements have been prepared to gwe a Yrue and fairf and have departed from the Charrties (Accounts and Reports) Regulaljons 2008 only to thg extent required lo provide a 'lNe and lair, view. This departu￿ has involved follow¢'ng the Charits'es SORP IFRS 1021 rather than the Accounts'ng and Reporb'ng by Charities.. Staiemenl of Reeommended Practice effective frorn 1 April 2005 which has Sir￿ tseen withdrawn. The Will￿M and Edith Oldham Charrtable Trust meets the definrtion of a public bengfil ents'ty under FRS 102. Assets and liabilibes ale inib.ally reccgnised at historical ￿$t or Iransactron value unless othemse stale(l in the relevant accounts.ng polw. 2.2 Golng ¢onc•rn The financial statements have been prepared on a going concem basis. There are no material uncertainb'es ￿lated lo events or Condi￿nS which CI￿ld cast doubt on the Charitys abilty lo continue as a going concefn. Thè Trustees have considered relevant infomialion, including the annual budget, forecast future cash flows and the impact ol subsequenl events in making Iheir assessment. The Trustees wll continue lo monitor and rf necessary reduce future grant commitments lo ensure adequate cash reserves are maintsined. Page 14 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUn￿ng pollcies (continued) 2.3 Income Al income is recognised once the Charity has entthmenl to the in¢x•me, rt 15 probable that the income will be receNed and the amount of income receNab￿ can be measuod reliably. The fecognilion of income from legactes is deFendenl on establishing entrtlemenl, the wobabilty of receipt and the ability to esbmate with sufficient a￿UraCY the amount receivable. Evidence of enlilemenl to a legacy exists when the Charity has Sufficient eV￿en￿ that a gift has been left lo them Ilhrough knowledge of the existence of a valid will and the death ol the benelactorl and the execLttor is satisfied that the property in quesb.on wll not be required lo satisfy claims in the estate. Receipt of a legacy musl b& rec(yJnised when Il is probable that il will be received ar)d the fair value of the amount receivable, which will geneialty be the expected cash amunt to be distributed lo the Charity. can be reliably measured. Income tax le￿Verable In relat￿n to donations receiveil under Gift Ai(1 or deeds of covenant 58 recognised at the bme ol donatson. Income lax le￿Verable in relation lo investment income is recognised al the lime the investment Income is receivable. Other income is iecc¥3nised in the perK*J in which il is receivabb and to the extent the goods have been provtded or on completion of the seNtt. 2.4 Exp•ndltuM Expenditure is rec¢yJnised once there is a legal or constructive oblwalion lo transfer e￿nOmiC benefil lo a third paty. il is probable that a liansler of econom￿ benefits will be required in settlement and the amount of the obligation Can measured reliably. Expenditure is dassified by activity. The costs of eaeh actsvity are made up ol the total of direct costs and sha￿d costs. including SUPPC•rt costs involved in undertakin9 each activity. Direct ￿$1$ attributable lo a single activity a￿ allocated directly to that aclwity. Shared costs whKh coniribute lo more than one activity an(1 support ¢osls which afe not attributab￿ lo a single activsty a￿ apportioned befvleen those activib'es on a basis consislenl with the use of resources Central staff costs are allrtated on the basis of lime spent, and depreciab'on charges allccated on the pOrt￿n of the asset's use. Govemance costs are those incurred in connection ¥￿th administratK)n of the charty and compliance ih conslilulion81 and statutory requirements. Charitable activities and Govemance costs are costs incurred on the charty's educational operations. including support costs and costs ￿lating lo the govemance of the charity apportioned lo charitable activities. Grants payable are charged in the year when the ofler is made except in those cases where the offer is conditional, such grants being recognised as expendrture when the condits'ons attaching are fu￿illed. Grants offered subject lo conditions wh￿h have not been mel al the year end are noted as a mmilmenl. but r￿t accrued as expendrture. All expenditure is indusive of iffecoverabk VAT. Page15 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEP41BER 2022 Accounting policies {continu•d) 2.5 Intor¢$t rn¢olvable Interest ¢)n funds heky on dep)sil is induded ￿ receNable and the arnounl can be measured reliabty by the tharity., this ts normalty up)n notification of the interest paN1 or payable by the Bank. 2.6 Investments Fixed asset Investments are a lomi of financial instrumenl and ar8 In￿.?Ity recognised al their transaction cost and subsequenlty measured at fair value at the Balance sheet date, unless the value cannol ￿ measured reliably in whth case rt is measured al cost less impairment. Investment gains and losses. whethei realised or unrealised, are comtiined and presented as 'GainsllLossesl on investmenl$' in the Statement of financ￿1 activiiies. 2.7 D¢btorn Trade and other debtors are reeojnised at the settlement amount after any trade discount offered. Prepayments are valued 81 the amount prepa￿ nel ol any trade dL8cLJunts due. 2.8 Cash at bank and In h•nd Cash al bank and in hand indudes cash and short-term h*ghly liquid investments with a short mafvrity of three months or less from the dale of acquisiti'on or opening of the deposit or similar account. 2.9 LlabllSl5•9 and provlslons Liabilit*S are recognised when there is an obligalKJn at the Balance sheet date as a resull of a past vent. il is probab￿ that 8 transfer of eeonomic benefit will be required in 5etUemenl, and the amount of the settlement can esbmaied reliabty. Liabilities are rewnised at the amount that the Chatity antiopates il will pay lo setue the debt or the amount il has recelved as advanced payments for the g¢>)ds or serv￿$ il musl provKIo. Provisions afe measured 81 the best estsmate of the amounts required lo settle the obligation. Where the effect of Ihe lime value of money is malenal, the provision is based on the present value of those amounts, discounted al the pre-tax di$￿Unt rale Ih8t reflects the risks specific lo the liability. The unwinding of the discount 15 rewnised in the Ststemenl of financial activit*s as a finance cost. 2.10 Flnanclal Instruments The Chanty onty has financial assets 8nd financial liats.lrt￿5 of a kind that qualify as basic financial instruments. Basic financial inslruments are initially recognised al transath.on value and subsequently measured al their seitlemenl value with the exception of bank k)ans which a￿ subsequently measured al amortiseil cost using the effective inleresl method. 2.11 Fund accounting General furHls are unrestrKted fund5 Wt)Kh are available for use al the discretstsn ol the Trustees i furthefance of the general objectives of the Chafity and which have not been designated for other purposes. Page 16 THE WILLIAfvI AND EDITH OLDHAM CHARFTABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2022 Income from donations and legacies Unrestricted funds 2022 Total funds 2022 Total funds 2021 Donalons 76,000 76,000 105,025 Total 2021 105,025 105,025 Invostm•nt In¢om• Vnrestrlcted lunds 2022 Total fund8 2022 Total funds 2021 Investment income- dividends 130.914 130.914 132,807 To1812021 132,807 132,807 Page 17 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEP4TS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of grants Grants to Grants to Institutions Individuals 2022 2022 Totsl funds 2022 Total funds 2021 Grants 34.820 504 35,324 2QS,900 Total 2021 205,9th) 205,900 2022 2021 Grants to InJtltutlon8 Holmesdale Sch¢￿, Snc¥Jland {lor Outside Amphrthealrel Maidslone Grammar School lor Girfs Ifof WW2 Visitor Centrel Maidslone Grammar Sehotsl for Girls (for Careers and Apprentice Fairl Holmesdale School, Snodland (for 2021 STEM Enrichment Day) Holmesdale Scho￿, Snodland (for 2022 STEM Enfichmenl Dayl Wadham College. Oxford (for archiving arKI pre$eNation of archive material Phase 11 Teston Village Hall Ilor new flooring) Teslon Village Hall Ifor projector, screen, speakers.etc) Ayleslord and Eccles Project (for framing ol historical p￿tureS of Awesford Piioryl Romano British Villa and Anglo Saxon Cemetery Maidslone Borough Council Ifor new ar¢haeobgKal gallery al MaKl$l¢)ne Museum) The Eccles Monograph Ire book laurth) Kent Archaeological Rescue Unit {f￿ wtlicalion of the Meopham Archaeological Report) Rochester Cathedral Trust (for resloralion of the Bishop'$ Gale) The Society for the protect￿ of Ancient Buiklings (for Bothy Atjbey and Old House Project) Canterbury Cathedial (for The Kent Mirack Window Projecti 60,000 17,500 12.0001 1,300 10,000 6, 750 4,500 1,500 100,000 3,2￿• {1141 1.034 5,000 25.100 34,820 205,900 Page 18 THE WILLIAM AND ED￿H OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Grants by type The promotion of education in the Majdstone area general The provision of financ*1 assistance towards the maintenance and development of Wadham Colbge. Oxfwd The communrty and indivKlual inhobitsnts of the Parishes of Barming and Teslon The promotion and development of the study of the archaeology and history of the Hisioric County of Kent and of places and people wlhin the County The preservation, protection and improvement for the publie benefit ol historic buildin9s, chuiches and graveyards in the Historic County of Kent 17001 82,000 10.000 6, 750 1.424 105, 150 30,100 2,000 35,324 205,900 Analysls of expendlturt on ¢harltable *ctlvltl Summary by fund ty Unrèstrlcled funds 2022 Total 2022 Tot81 2021 Charitable activities 50,164 50.161 212,099 Total 2021 212,099 212,099 Anatysls of •xp•ndltur• ty a¢tlvlll•s Grant fundlng of a¢tivitie$ 2022 Support costs 2022 Total funds 2022 Tot&1 funds 2021 Charitable activitses 35.324 14,840 50,164 212,099 Total 2021 205.9C(I 6.199 212,099 Page 19 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of expenditure by act1vi￿*S Icontlnued} An•lys18 01 support costs Total fund5 2022 Total funds 2021 Activities 2022 Adrninislralive charge Website costs Governance costs 25 317 14,523 317 14,523 6.174 Total 2022 14.840 14.840 6.199 Total 2021 6. 199 6. 199 Gov•rn*n¢• costs 2022 2021 Independent examlnerfs fees Clerk's fees Room hire 5.820 8.668 35 5,094 1,080 14,523 6,174 Ind8p8ndent •xamlnerfs rvmun•ratlon 2022 2021 Fees payable lo the Chariws indeF*ndenl ex8miner l auditors in respect of.. The prepara￿n of Charity's annual ￿nts and annual ￿luM Independent examinatKJn Taxation Complian￿ servi￿3 AJI other services not included above 3,138 1,416 504 3,108 1,284 462 762 240 Page 20 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 10. Trustees. remunerntlon and exynses During the year, rK> Twslees recewed any remuneratw or other knefits (2021- £NILJ. During the year ended 31 December 2022. no Trustee expenses have been incurred f2021 . £NIL). 11. Flx•d a$s•t Investments Llslgd Unlisted Investment8 Investments Total Cost or valuatlon At 1 JanL5ary 2022 AddrtK*ns Revaluatsons 6,837,214 76.000 (1.788.093) 462,024 7,299,238 76.000 (1.788.093) At 31 December 2022 5,125,121 462,024 5,587,145 Net book value At 31 Docembef 2022 S,q25,121 462,024 5,587,145 Al 31 December 2021 6,837,214 462,024 7,299,238 All the fixed a5sel investments are hekj in the UK. The historical cost of listed investments is £3,624,S92 {2021 £3.S48,S921 and of unlisted ¢nveslments Is £490,02612021 £490,026). 12. Debtors 2022 2021 Due wlthln one yoar Prepayments and aecrued income Tax recovefable 5.535 241 4,086 621 5,776 4, 707 Page21 THE WILLIAM AND EDfTH OLDPIAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 13. Credltorn: Amounts falling due wfthln one year 2022 2021 Accnjals and deferred income Grants accwed - inslilubonal 4.554 197.273 4. 140 194,003 201,827 198, 143 14. Flnan¢lal In$lrum•nts 2022 2021 Flnanclal a$$•t$ Financial assets measured al fair value ihroLwh income and expenditure 6,$87,145 7,299,238 Flnancial assets Measu￿ 81 fair value through income and expenditure comprise listed investments ol £5,125,12112021'. £6,837.214) and unl￿ted investments of £462.02412021: £462,024). Page 22 THE WILLIAM AND EDITH OLDHAM CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 15. Statoment of funds Siatement of tund$ - ¢urront y•af Balan¢• at 31 Gainsl Decgmb•r {Lossosl 2022 Balance at 1 January 2022 Income Expenditure Unregtr5cted funds General Fund5 . all funds 7,368,377 206,914 150,1641 {1,788,0931 6.737,034 Stat•ment of fundB- prlor year Balanc8 81 31 Decemb&i 2021 Balance 81 l January 2021 Gain (Lossfjs) In6w7e Expendrfu Unro8tr5¢tgd funds Gener81 Funds- all funds 6,595, 131 237.832 (212.099) 747.513 7,368,3T7 16. Anatysls of net a8s•ts beiwe•n fund8 Analys￿ of net btheen funds- curr•nt year Unrestrictèd fund8 2022 Total funds 2022 Flxed asset investments Current assets Creditors due wlhin one year 5,587.145 5,587,14S 351.716 351.716 1201,827> 1201.8271 Total 5,737,034 5,737,034 Page 23 THE WILLIAM AND EDITH OLDHAPI CHARrrABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 16. Analysls of net assets between funds (continued) AnalysLs of net a$s¢ts betw••n lund$- prfor year Unreslncl8d fut￿S 2021 Total fvnds 2021 Fixed asset investments Currenl assets Credrtors due within one year 7,299,238 7.299,238 267,282 267,282 (198,143) (198, 143) Total 7,368,377 7,368,377 17. R•lated party tran8a¢¢lon• The Trust received £76,(NJO12021.' £105,025) by way of donabons trom P E Oklham, Settbr and Trustee of the Trust. There We￿ no other related party transadions. Page 24