Charity Number: 1093894
NUFFIELD COUNTY PRIMARY SCHOOL TRUST
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
For the year ended 31 March 2024

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
CONTENTS
Page
Legal and administrative information
Report of the trustees
Independent examinerfs report
Re￿iptS and payTnents account
Statement of assets and liabilities
Notes fomiing parl of the financial statements
8-10

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
Legal and administrative information
Trustees:
A Dellor. Chair
G Hardwick, Treasurer
L Hillier. Joint Secretary
J Barry, Joint Secretary
S Van der Mark
J Vernon
S Veitch
Principal Office:
55 Oakley Court
Nuffield Lane
Benson
OX10 6QH
Independent Examiner
Heather Wheelhouse
BDO LLP
55 Baker Street
London
W1U7EU
Bankers:
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Maling
Kent
ME19 4JQ
Stockbroker:
Charles Stanley & Co Limited
2nd Floor
Willow Court
West Way
Minns Business Park
Oxford
OX2 OBJ

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
REPORT OF THE TRUSTEES
For the year ended 31 March 2024
The trustees present their report along with the financial statements of the charity for the year ended 31
March 2024. The financial statements have been prepared in accordance with the accounting policies set
out on page 8 and comply with the charitys trusl deed and applicable law.
Constitution and objects
The Nuffield County Primary School Trust is an unincorporated charity. constituted under a trust deed dated
16 August 2001 and is a registered charity number 1093894, registered in England and Wales.
The objects of the charity are:
The provision of items. services and facilities for the County Primary Schools that are attended by
the children of the Parish as the trustees decide.
Promoting the education (including social and physical training) of persons under the age of ￿enty-
five years resident in the Parish.
The trustees confirm that they have referred to the guidan￿ contained in the Charity Commission's general
guidan￿ on public benefit when reviewing the Trust's aims and objectives.
Activities and achievements to further the Trust's charitable purposes for the public benefit
The effect of the economic slowdown has continued to impact on the Trust during the past year. We have
continued to hold our meetings and have decided to impose stricter limits on grants for Primary
Schoollsecondary Schoolluniversity students, lo a maximum of £6,000 each term.
The Trust continues to meet regularly to assess the economic and political climate and will adjust its
investment strategy and level of disbursements in order to protect the capital invested by the Trust. We have
made sure that priority is give to primary school aged children, as the fund was originally set up with money
from the sale of the primary school. Grants have been awarded to individuals for a variety of extra-curricular
activities including music, dance, drama and sport. We have also been able to award grants to help with
University costs for several of our local youngsters. This has fulfilled our objective of promoting the
education (including social and physical training) of persons under the age of 25.

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
REPORT OF THE TRUSTEES (continued)
For the year ended 31 March 2024
Low risk account: this account aims to take a low risk and produce a desired level of income
but not necessarily invest for growth. The funds in Ihis account reflect the original amounl
under investment when the Trust was first set up. thereby protecting the original capital
investment during financial turbulence.
Medium risk account: this account aims lo take a medium low risk for potentially improved
returns from investments. The funds in this account reflect the income generated since the
Trust was originally set up, thereby enabling ongoing growih but not impacting the original
capital investment.
Investments selection policy
We continue to use the services of a stockbroker from Chartes Stanley to help us get the best return
for our money and a progress report on the state of our funds will be included in our Treasurer's
report.
We will, as previously agreed, continue to monitor our Fund growth with Charles Stanley to ensure
that it is meeting our requirements.
We look foNard to the coming year and the challenges that face the trust in continuing to increase
awareness of the trust's existence and offering financial assistance to more of our local youngsters.
Reserves policy
The Trust originally received a sum of £595,760, being the proceeds from ihe sale of part of land
formerly belonging to Nuffield County Primary School. The aim of the Trust is to preserve the original
amount of the capital and. where possible. to set aside a sum sufficient to allow for annual inflation.
Expenditure from this sum would be at the discretion of the Trustees.
The unrestricted reserves currently stand at £160,942 (2023: £181,115).
The restricted reserves currently stand at £595.760 (2023: £595.760).
Grant-making policy
Decisions as to whether a grant should be made and, tf so, how much that grant should be, are taken
by those Trustees present at each meeting and are based on a majority decision.
Approved by the trustees and signed on their behalf by=
E Dellor
A Dellor- Trustee
Date..
4102125

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NUFFIELD COUNTY
PRIMARY SCHOOL TRUST
I report to the trustees on my examination of the accounts of the Trust for the year ended 31 March 2024,
which are set out on pages 5 to 10.
This report is made solely to the chariws trustees. as a body, in accordance with Regulation 31 of the
Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to
the charitys trustees those matters l am required to stale to them in an independent examinerfs report
and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility
to anyone other than the charitys trustees as a body. for my work. for this report, or for the statement I
have made.
Responsibilities and basis for report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ("the Act")
I report in respect of my examination of the charitys accounts carried out under section 145 of the 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 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 lo believe that in any material respect-
accounting records were nol kept in respect of ihe charity as required by seclion 130 of the Act;
or
the accounts do not accord with those records" or
the accounts do not comply with the accounting requirements concerning the form and content of
the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part
of an independent examination- or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
tlocusyned ty.
Signed
DA15AED75D45452
Heather Wheelhouse
BDO LLP
London, UK
Date: 25 February 2025
BDO LLP is a limited liability partnership registered in England and Wales (with registered number
OC305127}.

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
RECEIPTS AND PAYMENTS ACCOUNT: Bank Account
For the year ended 31 March 2024
Unrestricted Endowment
Funds
Funds
Total
2024
Total
2023
Notes
Receipts
Investment income: transfer from
Charles Stanley
Rent- Nuffield Parish Council
Investment income - bank interest
15,260
30
15,260
30
10,000
30
10
Total receipts
15,294
15,294
10,040
Payments
Charitable expenditure:
Grants payable
Bank charges
Governance
12,755
60
2,160
12,755
60
2.160
15,786
90
1,800
Total payments
14,975
14,975
17,676
Net Receiptsl(Payments)
319
319
(7.636)
Cash funds at 1 April 2023
1,608
1,608
9,244
Cash funds at 31 March 2024
1,927
1,927
1,608

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
RECEIPTS AND PAYMENTS ACCOUNT: Cash held by Investment Manager
For the year ended 31 March 2024
Unrestricted Endowment
Funds
Funds
Total
2024
Total
2023
Notes
Receipts
Investment income- dividends
28.062
28,062
21,492
Investment income- interest
86
86
Receipts of investments
139,066
139,066
43,080
Total receipts
28.148
139,066
167,214
64,572
Payments
Investment management fees
6,273
6.273
6,335
Purchases of investments
228,791
228,791
5,162
Transfer CAF to bank account
15.260
15.260
10,000
Total payments
15,260
235,064
250,324
21,497
Net {Payments)IReceipts
12.888
(95,998)
(83.110)
43,076
Transfers
(95,998)
95,998
Cash funds at 1 April 2023
99,925
99,925
56,849
Cash held at 31 March 2024
16,815
16,815
99,925

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
STATEMENT OF ASSETS AND LIABILITIES
As at 31 March 2024
Unrestricted
Funds
Endowment
Funds
Total
2024
Total
2023
Notes
Fixed Assets
Investments
142.200
595,760
737,960
675,342
Current Assets
Cash at Bank
Cash held by Charles Stanley
1.927
16,815
1,927
16,815
1,608
99,925
Total Assets
160,942
595.760
756.702
776.875
Funds
160,942
595,760
756.702
776,875
The financial statements were approved by the trustees on
by:_
410212025
and signed on their behalf
A E Dellor
A Dellor- Trustee

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
PRINCIPAL ACCOUNTING POLICIES
a) Accounting convention
The financial statements are prepared under the receipts and payments basis. In preparing the
financial statements the charity follows best practi￿.
The financial statements are presented in £ sterling and are rounded to the nearest £1.
b) Going concern
The Trustees are continually reviewing their plans and forecasts and believe that the going concern
basis is appropriate in the short term. In response to the current economic climate the trustees
reduced grants to a limit of £100 per application per child and £1,500 per application per university-
aged child in order to protect the charitys funds.The charity has liquid cash of £27.952 in December
2024 (March 2023.. £ 101.533).
The charity has sufficient funds to cover any committed costs for at least 12 months from the approval
of the financial ststements. On this basis the trustees have concluded there is nol deemed lo be a
material uncertainty on the Charitrfs ability to continue as a going concern.
c} Investment income
Investment income is accounted for in the period of receipt.
d) Resources expended
Expenditure is included on a payment basis. Non recoverable VAT is charged to the Receipls and
Payments account as incurred.
Grants payable are charged in the year paid.
e) Fund accounting
Details of the nature and purpose of each fund is set out in note 3.
n Significant judgments and estimates
In the application of the charivs accounting policies, the trustees are required to make judgments,
estimates and assumptions about the carrying amounts of assets and liabilities that are not readily
apparent from other SoUr￿s. The estimates and associated assumptions are based on historical
experience and other factors that 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 if the revision affects only that
period, or in the period of the revision and future periods if the revision affecls both current and future
periods.
There were no judgment or material estimation un￿rtaIntieS affecting the reported financial
performance in the current or prior year.

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
GRANTS PAID
The amount paid in the year comprises .
2024
2023
Promoting Education
To provide assistance with an individual's education
12,755
15,786
12,755
15,786
FUNDS
Unrestricted funds comprise those funds that the trustees are free to use in accordance with the
charitable objectives.
The endowment fund represents those assets that must be held permanently by the charity, principally
investments. Income arising on the endowment fund can be used in accordance with the objects of the
charity and is included as unrestricted income.
LAND
The Charity owns a small strip of land, being the aC￿sS lo plawng field in Nuffield. This land has a nil
historic cost and is currently leased to Nuffield Parish Council over a period of 25 years with an annual
rental of £30.
GOVERNANCE
Total
2024
Total
2023
Accountancy fee
2,160
1,800
2,160
1,800

NUFFIELD COUNTY PRIMARY SCHOOL TRUST
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
INVESTMENTS
2024
2023
Balance b￿d
Additions
Disposals
675,342
228.791
(166.173)
716,960
5,162
(46,780)
Cost
737,960
675,342
Market Value at 31 March
753,940
651,905
TRUSTEES. REMUNERATION AND EXPENSES
No remuneration was paid during the year (2023: £nil). No expenses were paid to the trustees during the
year (2023.. £nil).
RELATED PARTY TRANSACTION
During the year grants of £2,044 were paid for dependents of trustees (2023.. £1,652).
10-