The ofiver Morfand Charitable Trust
Charity Number1076213
Unudited Financial Statements
For The Year Ended 5 April ￿24

The Ollver m￿land Charltable Trust
Year ended 5 Aprll 2024
Reference and Admlnlstrallve Informaffon
Board of Trustees
The ttustees at the date of this report and hol(fing office during the yeor were:
Kate Lovell (Chaiman)
Simon Rvtter
Jennifer Pittard
David Pittard
Simon Pittard
Charlotte Jones
Eleanor Jaques lappointed 12 May 20231
Reglstered Charlty Number
1076213
Reglster•d Address
Thomas's House
stour Row
Shaftest)vry
DoT5et
SP7 OQW
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Maifing
Kent
ME19 4JQ
Inveslment Advlsers
Evelyn Partners Group Limited
45 Gresham Street
London
EC2V 7BG
Independent Examlners
Hub Accountants Ltd
Innovation House
Wincombe Lane
Shaftesbury
Dorset
SP7 8FG

The Ollver Morland Charltable Trust
Year ended 5 Aprfl 2024
Relerence and Admlnlslrthe IntOTmaHon
Index
Page
Annual report of the Trvstees
Independent Examlners report
statement of financlal aclivllles
Balance shaet
Notes to the accounts

The Olfver Morland Charftable Trust
Year ended S Aprll 2024
Trustees Report
The Trustees present their report and the unoudited financial statements of the Charity for Ihe year
ended 5 April 2024. The financial statements have been prepared In accordance with the accounting
policies set out in note I to the accounts and comply with the Charities Act 2011 and the Statement of
Recommended Practice Accounting ond Reporting for Charities {FRS1021.
The Chailty is constituted and govemed by a Declaration of Twst dated I l Jvly 1951 as amended by
Deed and Declaration of Trust dafed 31 March 1999.
Prfnclpal Object$ lor publlc benefll
The principal objects of the Charity are to pay or apply the income of the twst fijnd and such parts of
the capital thereof {which the Trustees shall raise as required by sale of the requisite part of the Iwst
Fund), to or for such charifable institutions or charifable purposes and in such shares and proportlons as
the settlor shall at any tlme or times and from time to lime appoint and after the death of the settlor as
the Truslees shall from time to time in their absolute discretion determlne.
Flnanclal report
The Investment portfolio. now managed by Evelyn Partners Group Limited, has seen a small reduction in
its valve due lo continued volatility in the world markets. The Truslees hove remained cautious in Iheir
grants programme and looked to sustain their current level of awards. and are posltlve that grants can
continue to be paid at around £1 00.CNJO per year.
Report on Acllvltle$ durfng the year
The trustees were able to maintaln the level of grants in 2023124 and it Is hoped that the performance
of our portfolio will again enable us to continue the present level of grants. It Is hoped that our
portfolio's performance will continue to enable us to reach our target of grants payable of £lOO.000.
We continue to receive a significant number of new appeals but the trustees find it difficult to respond
to new requests. Our current commitments take priority.
Trustees. responslbllllles In respect of Ihe preparallon ol the Accounls
The Trustees are requlred by Lcw to prepare financial statemenls for each ftnancial year which gNe a
true and fair view of the state of affairs of the charfty for that period. In preparing those financial
statements. the Trustees are required to:
select suifable accounting policies and then apply them consistently:
- make ]udgem8nts and estimates that are reasonable and prudent
- prepare the financial statements on a going concem basis unless it Is approprlate to presume that the
charity will continve in business.
The Trustees are responsible for keeping Proper occounting records which disclose with reasonable
accuracy at any time the financial position of the Charity. They ore olso responsible for safeguarding
the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other Irregularitles.
Approval
Thls report was approved by the Board of Trustees on ..
nd signed on its behalf by:
Kale Lovell
Chalnnan
Page I

Independent Examlnefs Report to the Truslees otThe Ollver Morland Charftable Tn￿t
Chorlty Number 1076213
I report to the chority trustees on my examination of the accounts of the trust for the year
ended 5 April 2024 which are set out on pages 3 to 6.
RespecNve responslbllMes ol trvstees and examlner
As the charity's trustees. you are responsible for the preparation of the accounts in
accordance wilh the requirements of the Charities Acl 2011 I'the Act").
I report in respect of my examlnation of the Tnjst's accounts carried out under sectlon 145 of
the 2011 Act and in carying out my examination. I have followed all the appllcable
Directions given by the Charity Commission under section l 4515) Ib) of the Act.
Independent •xamlner'$ statement
I have completed my examinotion. I confmi that no material matters have come to my
attentlon In connection with the examination which gives me cause to belleve that in. any
material respect:
the accounting records were not kept In accordance with section 130 of tha
Charities Act: or
the accovnts dld not accord wilh the accounting records; or
the accounts did nol comply with the applicable requirements conceming the
form and content of accounts set out in the Charilies (Accounts and Reports)
Regulations 2CX)8 other than any requirement thal the accounts glve a 'trve and
folr, view whlch is not a matter considered as port of an independent examinotion.
I have no concem5 and have come across no other matters in connection with the
examination to which attenlion should be drawn in this report In order to enable a proper
understandlng of the accounts lo be reached.
Paul Stacey FCA
For and on behall of
Hub Accountants Ltd
Chartered Accovnlants
Innovalion House
Wincombe Lane
Shaftesbury
Dorset
SP7 8FG
Signed:
Dale:
2024
Page 2

The Ollver Morland Charltable Trust
Slatement of Flnanclal Acllvllles
Year ended 5 Aprll 2024
Unreslrlcled Funds
Notes
2024
2023
Income
Investmenl income
43,475
39,084
43,475
39,084
Expendllure
Charitable activities
Support costs
102.4CXJ
20,322
105.618
20,053
122,722
125,671
Net outgolng resources
{79.247)
(86,587)
Olher galns and losses
Golns on Investments
229.284
13,644
Net movem•nt In lunds
150,037
(72,943)
Funds brought forward
2,547,567
2,620,510
Funds Carrled forward
2,697.61M
2,547,567
Page 3

The Ollver Morfand Charftable Trust
Balance Sheet as at 5 April 2024
Unreslrlcted Funds
Note
2023
Flxed Assets
Investmenls
1693.388
2545.381
CuThent Assets
Cash at bank
Accrued income
4.032
1.132
5.164
3.072
3.110
CuThent LlabllHles
Accnjats
1948)
(924)
Net cvrrenl assets
4216
2,186
Net Assets
2.697.604
2.547.567
Nel Assels
Fund balances
Unrestricted functs
2.697.604
2.547,567
On behalf of the Trustees of The Oliver Morfand Charitable Trusl we approve the
financial statements set out on pages 3 10 6.
Simon Rutter
TTUStee
Date
Page 4

The Ollver Morfand Charltable Trust
Notes to the flnanclal statements
Year ended 5 Aprll 2024
Prlnclpal Accountlng Pollcles
Ba$1$ of preparallon ol accounts
These accounls have been prepared under the historical cost conventionlexcept thal
Investments are shown at market value) in accordance with the Statement of
Recommended Practice. "Accounting ond Reporting by Charities" preparing their
accounts in accordance with the Flnancial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective January 20191 and the Charities Act 2011.
The Charity has laken advantage of the exemption in Financial Reporling Stondard I
from the requirement to produce a cash flow statement on the grounds that It qualifies
as a small charity.
The presentation currency of the financial statements is Pound Sterling.
The charlty meets the definition of a publlc benefit entity under FRS102.
Fund Accounllng
Unrestricted funds comprise those funds which th8 Trustees are free to use for any
purpose in furtherance of the charitable objectNes. There are no designated or
restricted funds.
Incomlng Resources
All incoming resources are recognised once Ihe funds have been received in the
Charily's bank account.
Expendllure
Liabilities are recognised and expended as soon os there is a legal and constructive
obligation committing the Charity to the expenditure. All expenditure is Included on an
accruals basis and hos been classified under headings that aggregate all costs related
to that category.
Govemance cost comprise all costs involving the public accountability of the Charity
and its compliance wilh regulation and good practice. These costs include costs relating
to accounlancy services.
Costs of charitable actlvlties include costs directly associated wlth the charitable
activities of the Charity.
Investments
Investments ore shown at market value at the balance sheet date. The statement of
linancial activities Includes the net gains and losses arising on revaluation and disposals
throughout the year. The investments are held on the Charities behalf by Evelyn Partners
Group Limited are to provide an investment return for the Charity.
Investmenl Income
2024
2023
Evelyn Partners investment income
Bank interest recelved
43,452
23
43.475
39.061
22
39.084
Page 5

The Olfver Morfand Charftable Tll￿t
Notes to the Ilnanclal stalements (conllnued)
Year Ended 5 Aprll 2024
Chatllable aclMlle$
2024
2023
Grants
102.400
105.618
Support Costs
2024
2023
Investment charges
Bank charges
Twste&s expenses
Meeting expenses
Subscriptions
Independent examination fees
18,637
89
288
262
98
948
20.322
18,532
99
282
217
924
20.053
Inve51ments
2024
2023
Market valve brought forward
Additions
Disposals
Unrealised gainslllosses) on investments
Reafised gains on investments
2.485.859
521,738
1557.611)
159,015
70,269
2.679,270
2,446.804
217.966
1192,5551
139.5781
53,222
2,485,859
Cash held
14.118
59,522
Martet value carried forward
2.693.388
2,545.381
Movement In Ivnds
2024
2023
At 6 April 2023
Net movement in funds
2.547,567
150.037
2,620,510
{72943)
Al S April 2024
2.697.604
2.547,567
Trustees rernuneratjon and expenses
During the current and previous year, no remuneration was payable to the Trustees by
the charity. Trustees claimed back mlleage costs to attend meetings tolalling £288
12023: £2821.
Relaled party fransactlons
There were no related party transactions during the current or previous year.
Page 6