Charty registration numbgr 1083847
Company r¢glstratlon number 04117752 {England and Wales)
WATLINGTON HOSPITAL CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

WATLINGTON HOSPITAL CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Twsto0$
Mr P Bassett
Mrs l M Birch-Reynardson
Mr N George
MrAC Gordon
Secretary
Mr P Bassett
Charlty numbèr
1083847
Company numb•r
04117752
Registered offlce
Adwell House
Adwell
Thame
Oxfordshire
OX9 7DQ
Indgpondent •xamln•r
Rousg Partners LLP
55 Station Road
Beaconsfield
Buckinghamshire
Uniled Kingdom
HP9 1QL

WATLINGTON HOSPITAL CHARITABLE TRUST
CONTENTS
Page
Trustees. report
Independent examinerfs report
Statement of financial activities
Balance shggt
Notes lo the financial st8lemenls
6-11

WATLINGTON HOSPITAL CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Iruslees present their annual report and finan(ial ststements the year ended 31 December 2023.
The financial slalernenls have been prepared in accordance with the accounting policies Sel out in note 1 to the
financial slalefflenls and comply with the Iru5V5 Igoveming documenll. the Companies Act 2006 and "Accounting
and Reporting by Charities.. Slalemenl ol Recommended Practice 8pplicable to charitie5 preparing their accounts in
accordance with the Financial Reporb"ng Standar(J applicable in the UK and Republic of Ireland IFRS 1021.
leffeclive 1 Janu8ry 20191.
Objectives and activities
Oblectlves and alrns
The objects of the eharily are the relief of sickness and the relief of di5abililies of old age. These have been mel by
acquiring the sile of the old hospi1818nd 8rr8nging lor WHCTS partners Sanctuary Carè Limited Isancluaryi lo run
and maintain the Wallinglon H05pilal as a mulli purpx)se Nursing Home. (The residents and patients are referred to
the Hospilallcare Home by the Medical Practitioners based in Oxfordshire Primary Care Trust ol the NHS.I
Longer term c8re,respile eare, intemiediale care and assistsnce for older people with mentsl health needs are
provided by the Sanctuary. The majority ol the patients in all categories are placed by the Oxfordshire pooled
budget ol the NHS and Oxfordshire County Counul as part of their block booking with Sanctuary.
Regular meetings be￿een the care home management team and the trustees normally take place al which
progress within the home is reviewed.
The Iruslees have paid due regard to guidants issued by the Charity Commission in decAding whit activities the
trust should undertake.
Achlgvgmgnls and perforniance
Charltable actlvltles and Investmont performance
The Trustees are satisfied wilh the achievemenl of the charilable objectives outlined above. The Trustees are also
satisfied with the performance ol the investments.
Flnan¢lal revlew
The value of investments al the year end are £700,382 and Ihe reserves at the year end, exduding the value of
land and leases, amounted lo £916,507. The Tnjslees made these investments to generate funds to enable the
charity lo provide ongoing support to the hospital as well as to cover more significant capital expenditure.
Recurring contributions include
al payments towards Sanctua￿5 costs to ensure that a￿sS lo the hospital is available lo local people and
bl funds for the maintenance of grounds not leased to Sanctuary or the Chillem Surgery as well as towards
essential maintenance and voluntary support in certain areas.
It is the policy of the trust that unrestricted funds which have not been designaled lor a specific use should be
maintained at a level equivalenl to between three and six month's expenditure. The Irustees consider that reserves
at Ihis level will ensure that, in the event ol a significant drop in lunding, they will be able to continue the trust's
current activities while consideratson is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout Ihe year.
Structure, govemance and management
The charity is governed by its Memorandum and ￿￿deS of Assoaation. and constitutes a limited company, limited
by guaranlee as defined by the Companies Act 2(M)6.

WATLINGTON HOSPITAL CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to
the date of signature of Ihe financial statements were=
Mr P Bassett
Mrs l M 8irch-Reynardson
E Crossman
Mr N George
Sir C Paine
MrAC Gordon
{Res￿ned 13Augusl 2024)
{ReS￿ned 31 December 20231
IAppoinled 28 November 20231
New and existing Iruslees are given sufficient training and have enough knowledge to understand the nature of the
charity and fully comply with the charities currenl view of its aims.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee lo contribute £1 in the event of a winding up.
The company's current policy concerning the payment of trade creditors is to follow the CBI'S Prompt P8yers Code
(copies are available from the CBI. Centre Point. 103 New Oxford Slreet. London WC1A 1 DUI.
The companls current policy concerning the paymenl of trade creditors is lo=
settle the terms of payment wth suppliers when agreeing Ihe temis of each transaction,.
ensure thal suppliers are made aware of Ihe terms ol payment by in¢lusion of the relevant ternis in contracts.,
and
pay in accordance with the company's conlraclual and olherlogal obligalions.
The Iruslees, report was approved by the Boar(i of Trustees.
Mr P Bassett
Trustee
Dale..
03-Oct-2024

WATLINGTON HOSPITAL CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WATLINGTON HOSPITAL CHARITABLE TRUST
I report to thg trustees on my examination of the financial statements of Wauington Hospital Charitable Trust Ithe
trust) for the year ended 31 De￿mber 2023.
Responsibllitles and basls of report
As thg trLJStees ol the trust land also its direclors for the purposes of company lawl you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006 Ilhe 2006
Act).
Having satisfied myself that the financial sL9tements of the trust are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination ol the Irusl's financial
slalemenls carried out under section 145 of the Charities Act 2011 Ilhe 2011 Actl. In carrying out my examination I
have followed all th& applicable Directions given by the Charity Commission under section 14515llbl ol the 2011 Act.
Independent examiner's statement
I have completed my examination. l eonfim that no mattets have eomè lo my attèntion in connection with the
examination giving me cause lo believe that in any material respttl..
accounting records were not kept in respecl of the Irusl as required by section 386 of the 2006 Act,. or
the financial statements do not accord with those records; or
the financial statements do not comply with the accountin9 requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not 8 matter considered as part of an
independent examination., or
the financi81 statements have not been prepared in accordance with the methods and principles ol the
Statement ol Recommended Pr8clice for 8ccounling and reporting by charities applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republlc of Ireland IFRS 1021.
I have no concems and have come across no other matters in connection with the examination to which allenlion
should be drawn in this report in order lo enable a proper understanding of the finanual slalemenls lo be reached.
Rou56 Partnsrs LLP
Rouse Partners LLP
Susan Drummond
55 Slalion Road
Bga¢onsfield
Buckinghamshire
HP9 1QL
United Kingdom
Dated..
22-Oct-2024

WATLINGTON HOSPITAL CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unro$trlctgd Unr•strlct8d
funds
funds
2023
2022
Notes
Income and endowments from..
Donations and legacies
Other trading aclivities
Investments
Other income
400
13.282
36,478
1,200
15,150
26,780
1,200
Total Income
51.360
43,130
Charftable advities
22,557
5,620
Nel gainslllossesl on investments
10
28,171
185,4651
N8t Sncom8ll•xpendltur•l and movem•nt In funds
56.974
147,9551
Ro¢onclllatSon ol funds..
Fund balances al 1 January 2023
2,359.533
2,407,488
Fund balance8 at 310ec•mb•r 2023
2,416,507
2,359,533
The stslemenl of finanual activities includes all gains and losses ￿¢con1$ed in the year. All income and expenditure
derive from continuing adivilies.

WATLINGTON HOSPITAL CHARITABLE TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Investment property
Investments
11
12
1,500,0
700,382
1.500,000
672,209
2.200,382
2,172,209
Current assots
Cash at bank and in hand
343,559
314,641
Cr•dltor$.' amounts falllng due wlthln
one year
13
4,451
3,134
Nel current assets
339.108
311,507
Total assets less current Ilabllltles
2.539,4
2.483,716
Crèdltors.. amounts falllng du• aftèr
mort than ono year
14
1122,983)
1124,1831
Not a88•t$
2,416,507
2.359,533
Tho funds of the Iru$t
Unrestricted funds
2,416,507
2,359,533
2,416,507
2,359,533
The company is entitled lo the exemption from the audit reqviremenl contained in section 477 of the Companies Act
2006, for the year ended 31 December 2023.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect lo accounting records and the preparation of finan￿al slalements.
The members have nol required the company to obtain an audit of its finarrial statements for the year in question in
accordan￿ with section 476.
Theso financial ststemgnls have been prepared in accordance with the provisions applicable to companies subje¢l
lo the small companies regimo.
03-Oct-2024
The financial stslemenls were approved by the trustee5 on .........................
s￿Ir
Mr P Bassgtt
Trustee
Mrs l M Bir¢h-Reynardson
Trustee
Company rogislration number 04117752 {England and Wales)

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ountlng poll¢les
Charity information
Watlinglon Hospitsl Charitsble Trust is a private company limited by guarantee incorporated in England and
Wales. Thg regislered office is A(Iwell House. Adwell. Thame, Oxlordshire. OX9 7DQ.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the Irust's Igoveming documentl, the
Companies Act 2006, FRS 102 'The Finan(#al Repo￿ng Stsndard applicable in the UK and Republic of
Ireland" I'FRS 102.1 and the Charities SORP "Accounting and Repo￿n9 by Charib'es.. Ststemenl of
Recommended Practice applicable to charities preparing their acwunls in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. leffecb've 1 January 20191. The
Irusl is a Publi¢ Benefit Enlily as defined by FRS 102.
The Irusl has taken at1vanlage of the provisic￿S in the SORP for charities not lo prepare a Statement of Cash
Flows.
The financial slalements are prepared in sterling, which is the (unctional currency of the Irusl. Monetary
amounts in these finanoal slalemenls are rounde(I lo the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified lo include the
revaluation of freehold properties and to include inveslment properties and certain financial instruments al fair
valuel. The principal accounting pglicies adopled are set oul below.
1.2 Golng c¢n¢ern
Al the time of approving the financial statements, th8 truslees have a reasonable expectation that the trust
has adequate resources lo continue in operational existence for ihe foreseeable future. Thus the trustees
continue to adopt the going concem basis of accountsng in preparing ihe financial siatements.
1.3 Charltable fund8
Unreslricled funds are available for use at the di$￿tion of the Iruslees in furtherance of their charitsble
objectives.
Reslricled ftjnds are subject to spectfic conditsons by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds a￿ sel out in the notes lo the financial slalements.
Endowment funds are svbjgct to specific conditions by donors Ihal the capilal musl bg maintained by the trust.
1.4 Incom•
Income is recognised when the trust is legally entitled lo il after any performance conditions have been mel,
the amounts can be measured reliably, and it is probable that income will be re￿ived.
Cash donations are recogni5ed on receipt. Other donations are recognised once the tru51 has been notified of
the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation
to donations received under Gift Aid or deeds of cx)venant is re(xKJnised at the time of the donation.
Lega¢ies are re¢ognised on receipt or otherwise rf the trust has been notified of an impending dislribulion, the
amount is known, and ￿CeIpt is expected. If the amount is not known. the legacy is treated as a conlingtrnl
asset.

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
1.5 Expanditura
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, il is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each adivity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activities on a basis
consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Invèstment property
Investment propgrty, which is property held lo eam renials andlor for Capital apprecialion, is initially
recognised al cost, which includes the purchase cost and any directly attributable expenditure. Subsequently
il is rneasured al fair value at the reporting end dale. The surplus or deficit on revalualion is recognised in
profil or loss.
1.7 Flxed a$sgt Invg$lments
Fixed asset investments are initially measured al transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in nel
incornellexpendilurel for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equlvalents
Cash and cash equiv81enls include cash in h8n(l. deposits held 81 call with banks, other short-temi liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
8aslc flnanclal assets
Basic financi81 8ssels, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the 8rr8ngemenl constitutes a financing Iransaclion, Whe￿ the transaction is
measured al the present value of the future receipts discounted al a market rale of interest. Financial assets
classifie(J as receivable within one year are not amortised.
Basic financial liabilities
Basic financi81 li8bililies. including creditors and bank loans a￿ intttally recognised al transaction price unless
the arrangement constitutes a financing Iransa¢tion. where the debt instrument is measured al the present
value ol the future payments discounted al 8 market rate of interest. Finan(ial liabilities classified as payable
within one year a￿ not amortised.
Debt instruments are subsequgnlly carried at amortised cost, using the effeciive interest rale method.
Trade creditors are obligations to pay for goods or seryices that have been acquired in the ordinary course of
operations from SLJppliers. Amounts payable a￿ ¢lassified as Current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequendy measured al aM0￿.sed cosl using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derewgnised when the trust's contractual obligations expire or are dis¢harged or
cancelled.

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Crftl¢al a¢¢ountlng •stlmat•$ and Judgements
In the application of the Irusl's accounting policies. the Iru5tees aTe required lo make judgements. eslimales
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The eskn'male5 and as50Cl8led 8S5Limplion5 are based on hi51oncal experience and other factors that
are considered to be relevant. Actual results may differ ITOM these estimates.
The estimates and underlying assumptions are ￿vieWed on an ongoing basis. Revisions lo accounting
estimates are recognised in the perio(J in which the estimate is revised where the revision affects only that
period, or in the period ol th8 revision and luture ￿riods where the revision affects both current and future
periods.
Income from donatlon8 and legacles
Unrestrlclod Unrestrl¢tod
funds
funds
2023
2022
Other
400
15,150
Income from other tradlng advltles
Unrg$lrl¢lod Unrostrl¢tgd
funds
funds
2023
2022
Fundraising events
13,282
Income from investments
Unrastrlcted Unr•strlct8d
funds
funds
2023
2022
Interest on investments
36,478
26.780
Other income
Unrestricted Unrestricted
funds
funds
2023
2022
Other income
1,200
1,200

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Ex￿ndIture on charltsbl• a¢tlvltl•s
Charitable
Charitable
Expensiture Expensiture
2023
2022
Direct costs
Garden maintenance
Accountancy
Bank charges
Misc expenses
18,108
4,141
2,415
3,120
85
224
22,557
5,620
Analysls by fund
Unreslricled funds
22,557
5,620
Trustees
None of the Iruslees lor any persons connected with them) ret*ived any remuneration or benèfits from the
trust during the year.
Employ•88
The average monthly number ol employees during the year was:
2023
Number
2022
Nufflber
Totsl
There wore no employees whose annual remunoralion was more than £60,0(KI.
10 Gains and lo$$e$ on investments
Unrestricted Unrestricted
funds
funds
2023
2022
Gainslllossesl arising on..
Revaluation of investments
28,171
185,4651
11 Investment property
2023
Fair value
At 1 January 2023 and 31 De¢ember2023
1,500,000

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Investment property
(Continued)
The investmenl land held by the charity has not been revalued. The Trustees have been advised by
professional valuers that valuing the land separalely from the propety that now occupies the land is
extremely difficult and expensive. Following the advice of the professional valuers. the Trustees have
therefore decided to continue to reflect the land al cost for the foreseeable future.
On 28 October 2002, the Charity granted a 125 year lease lo SanctU8ry Housing Association and Brackley
Investments Limite¢J . tKJth leases ar& subject lo a p8ppercom rent.
12 Flxed asset Investments
Unllsted
Invostmènts
Cost or valuatlon
Al 1 January 2023
Movement during the year
672,209
28,173
Al 31 December 2023
700,382
Carrylng amount
Al 31 December 2023
700,382
Al 31 December 2022
672,209
13 Credltors: amounts falllng due wlthln ono year
2023
2022
Accruals and deferred income
4,451
3,134
14 Creditors- amounts falling due after more than one year
2023
2022
Notes
Deferred income
15
122,983
124,183
15 D•ferred Incom•
2023
2022
Other deferred income
122,983
124,183
Deferred income is included in the financial statements as follows..

WATLINGTON HOSPITAL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1 S Deferred income
(Continued)
2023
2022
Deferred in¢ome is included within..
Non-currenl liabilities
122,983
124,183
Movernenls in the year.
Deferred income 8t 1 January 2023
Releasgd from previous perirMIs
124,183
11,2001
125,383
11,2001
Deferred income at 31 December 2023
122,983
124.183
16 Unre8trfct￿ funds
At 1 January
2023
Incomlng Resource•
rèsourcè¥
expended
G•ln$ and
At31
Dècomb•r
2023
Genèral funds
2.359.S33
51.360
122,SS7)
28,171
2.416,507
Prevlou8 year..
At 1 January
2022
Incomlng Resource¥
resources
expended
Galns and
losses
At31
December
2022
General funds
2,407,488
43,130
15,620}
185,4651
2,359,533
17 Ro18ted party tran$a¢tlon$
There were no disdosable Tel8te(I party transactions during the year12022 - none).