2025-05-31-accounts - The Oliver Curd Trust

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THE OLIVER CURD TRUST (Charity no. 1124648)

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

THE OLIVER CURD TRUST (Charity no. 1124648)

STATEMENT OF ACCOUNTS – 2024-25

Content

Trustees’ Report & Statement Auditor’s statement Statement of Financial Activities Balance Sheet Notes to the Accounts Detailed Statement of Financial Activities (not forming part of the statutory financial statements)	Page 3 6 7 8 9 13

THE OLIVER CURD TRUST (Charity no. 1124648)

STATEMENT OF ACCOUNTS – 2024-25

Trustees’ Report & Statement

The trustees present their report with the financial statements of the charity for the year end 31 May 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting for Charities’ issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1124648

Principal Office

53 The Maltings Peasmarsh Rye East Sussex TN31 6ST

Trustees Mrs S Curd (Chair) Mr J Barnett (to 31/5/25) Mrs S Gammon Mr R Curd Ms N Crouch (from 3/2/25) Mrs J Shayler (from 3/2/25) Mrs M Holder (from 3/2/25)

Patrons Mark Benton Graham Davis

Independent Examiner

Mrs Karen Marr, Teckform, Flimwell.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Recruitment and appointment of new trustees

There shall be at least three trustees. All future trustees shall be appointed by a resolution of the trustees passed at a special meeting.

In selecting persons to be appointed as trustees, the trustees shall take into account the benefits of appointing a person who through residence, occupation, employment or otherwise has a special knowledge of the area of benefit or who is otherwise able

THE OLIVER CURD TRUST (Charity no. 1124648)

STATEMENT OF ACCOUNTS – 2024-25

Trustees’ Report & Statement

by virtue of their personal or professional qualifications to make a contribution to the pursuit of the object of management of the charity.

Upon appointment each new trustee will receive a copy of the trust deed and a copy of the charity’s latest report and statement of accounts.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the charity is the relief of sickness and the preservation and protection of good health of:

i) Children and young people in the UK and the Republic of Ireland who are suffering a life threatening or life limiting condition.
ii) Their parents, families and carers who are supporting or who have supported them, in particular, but not exclusively through the provision of fully equipped holiday accommodation.

Significant activities

In planning our activities for the year, we keep in mind the Charity Commission’s guidance on public benefit at our trustee meetings.

The focus of our activities was to continue to raise the profile of the charity and continue to raise funds to enable the purchase and provision of holiday accommodation.

By providing holiday accommodation the charity seeks to give holiday memories, happiness and moments of escape to children and their families who are experiencing difficult and trying times.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Oliver Curd was diagnosed with a rare bone cancer, Ewings Sarcoma in April 2006. He lost his long brave fight with the disease in November 2007, aged 9 years old.

After he was diagnosed Oliver’s parents started raising funds for other charities offering support to children like Oliver and their families. In January 2008 they set up The Oliver Curd Trust and registered with the Charity Commission on 1 June 2008.

THE OLIVER CURD TRUST (Charity no. 1124648)

STATEMENT OF ACCOUNTS – 2024-25

Trustees’ Report & Statement

As a result of donations and fundraising activity the charity was able to purchase Oliver’s Retreat which was followed by a second 4 berth home in March 2010. Since that time both homes have been replaced, one in 2013/14 and the second in 2014/15, to ensure our families experience the best facilities we can provide.

In March 2025, as planned, a new Lodge was installed at Crowhurst Park and fitted out in time for the Trust’s new holiday season. The Trust looks forward to offering free holidays and support to our families in our new facilities, for many years to come.

Fundraising activities

Fundraising remains key to the continued success of the Charity. During the course of the year there have been various fundraising events. The Charity continued to receive generous donations/sponsorship and contributions from fundraising undertaken by local individuals/groups and organisations.

FINANCIAL REVIEW

Reserves Policy

That sufficient cash reserves will be maintained, at a level deemed appropriate by the trustees, to ensure the Charity can meet its existing and anticipated commitments for a rolling period of 3 years.

FUTURE DEVELOPMENTS

The trustees’ focus for 2025/26 is:

to continue to work towards enhancing our families holiday experiences with the holiday lodge at Crowhurst Park;
To continue to grow our database of supporters and through a new website and social media platforms further extend our reach to families, supporters and friends; and
To build a programme of fundraising and awareness events with local supporters and volunteers.

ON BEHALF OF THE BOARD

Mrs Sarah Curd

July 2025

THE OLIVER CURD TRUST (Charity no. 1124648)

STATEMENT OF ACCOUNTS – 2024-25

Trustees’ Report & Statement

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

R especti v e responsi b ilities of the Trustees and the e x aminer :

’ The charity s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year and that an independent examination is needed.

It is my responsi b ility to :

Examine the accounts under section 4( 3(3)(a) of the ctA ;
Follow the procedures laid down in the General Directions given yb the Charity Commissioners; and
State whether particular matters have come to my attention.

B asis of independent e x aminer ’ s statement :

My examination was carried out in accordance with General Directions given y the Charity Commissionersb . n eA xamination includes a review of the accounting records ept k by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would e reb quired in an audit, and consequently I do not express an audit opinion on the accounts

Independent Ex aminer ’ s Statement

In connection with my examination, no matter has come to my attention:

which give me reasonable cause to elieb ve that in any material respect the requirements:
to eep accounting records in accordance with section 4k 1 of the 1993 ctA ; and
to prepare accounts which accord with the accounting records and comply with the requirements of the ctA

have not een metb ; or

to which, in my opinion attention should e drawn in order tob enable a proper understanding of the accounts to e reachedb .

Signed:: ……………………………..

Signed:: …………………………….. Date: ……………… Name: aren Marr, TecK kform Address: Flimwell

(Charity no. 1124648)

THE OLIVER CURD TRUST

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

T HE OL I VER C URD T RU ST ST A T E M EN T O F FI NAN CI AL CTI A V ITI E S F OR T HE YEAR ENDED 31 M AY 202 5

F T M 202 OR HE YEAR ENDED 31 AY 5
otes N I C MI S C S N O NG RE OUR E Incoming resources from generated funds oluntary income V cti ities for generating funds A v 2 In estment income v 3 Total Incoming resources S C S RE OUR E EXPENDED Costs of generating funds Costs of generating income 4 Fundraising Trading cost of goods sold and : other costs Charita le acti ities b v oliday ccommodation H A rior year ad ustment P j o ernance costs G v 5 Total esources pended R Ex T I C MI S C S NE N O NG RE OUR E ain oss on In estments G /(L ) v 6 ain oss on isposal of sset G /(L ) D A 7 et Mo ement in Funds N v C CI I TI F F S RE ON L A ON O UND Total funds rought forward b T T F S C I F W O AL UND ARR ED OR ARD	2024 2 / 5 202 24 3/ nrestricted U nrestricted U funds Funds £ £ 20,755 , 53 586 0,2 1 78 , 4 13 67 , 4 3 6 5 , 4 1 6 1
	4, 3 678 , 0 68 9 1 , 0 5 36 4, 0 7 8 0 0 0,4 3 56 , 4 17 8 8 41 0 ,004 1 159 , 4 36 86 22,715 2, ( 183) 4 , 6 186 , 44 6 6 , 18 888 20,000 0 24,461 ,0 4 65 7 , 319 659 2 4, 5 585 44, 20 3 1 , 319 659

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THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

T HE OL I VER C URD T RU ST

C S T BALAN E HEE at M 202 31 AY 5 otes N FI SS TS XED A E Tangi le ssets b A 7 C T SS TS URREN A E e tors D b 8 Cash at an B k Cash on eposit D In estments v C IT S RED OR mounts falling due within one year A 9 T C T SS TS NE URREN A E T T SS TS SS C T O AL A E LE URREN I I ITI S L AB L E T SS TS NE A E F S UND ome replacement eser e H R v nrestricted funds U 0 1 T T F S O AL UND	2024 2 / 5 nrestricted U funds £ ,000 167 0 2 ,4 2 3 9 4, 4 5 33 00,0 4 1 9 , 20 177 9 00 8	202 24 3/ nrestricte U d Funds £ ,2 2 17 3 , 7 718 , 89 618 , 4 51 6 1 ,4 0 153 5
		02,42 3 7 0
	, 20 177 1	02,42 3 7
	44, 20 3 1	, 319 659
	44, 20 3 1	, 319 659
	0 44, 20 3 1	0, 8 339 2 , 20 39 3
	44, 20 3 1	, 319 659

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

The financial statements were approved y the oard of Trustees and were b B signed on its ehalf yb b :

…………………………………………………..

Mrs S Curd

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

The notes form part of these financial statements

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income, and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Lodge (20-year economic life) -5% of cost Computer/Media Equipment -33% of cost (items over £500 each)

Stocks

Stock are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items and the fact items are branded and are often given way during awareness and fundraising activities.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

In the trustees’ opinion, the incoming resources are all derived for the benefit of the charity's objectives. All income the trustees is generally unrestricted in nature. However, in certain instances, funds may be designated by the trustees for particular purposes. The trust has a Caravan Replacement reserve fund to which annual sums equivalent to the annual depreciation charges are added.

2. ACTIVITIES FOR GENERATING FUNDS

Fundraising events Merchandise sales	2024/25 2023/24 £ £ 10,278 13,674 0 0
	10,278 13,674

3. INVESTMENT INCOME

Deposit account interest: C&C Bond Saving Account Costs of Generating voluntary Income	2024/25 2023/24 £ £ 2,693 1,641 952 0	2024/25 2023/24 £ £ 2,693 1,641 952 0
	3,645 1,641 2024/25 1,012 2,927 506 624 291 5,360
		2024/25
Admin/Bank.		1,012
Fundraising event costs:		2,927
Other fundraising expenses/Legal Fees		506
Newsletter/Website costs		624
Just Giving charges		291
Total		5,360

4. Costs of Generating voluntary Income

5a. GOVERNANCE COSTS

Trustees’ indemnity insurance Independent Examination	2024/25 2023/24 £ £ 204 800 159 0
	1,004 159

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

5b. TRUSTEES’ RENUMERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 May 2025.

THE OLIVER CURD TRUST

(Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

6. INVESTMENTS

Quoted investments are shown at market value. The changes in value during the year are made up as follows:

Fund Name	Units @ 31.5.2025	Open Value 1.6.2024	In-Year Purchase/(Sale)	Revaluations Gains/(Losses)	Closing Value 31.5.2025
Unrestricted Funds
COIF Global Equity	17,803	153,450	(60,000)	6,644	100,094

Total	17,803	153,450	(60,000)	6,644	100,094

Deposits
C&C Bond 5.2% C&C Saving Account Total	0 0 0	51,641 0 51,641	0 35,000 (35,952) (952)	2,693 952 3,645	54,334 0 54,334

7. TANGIBLE FIXED ASSETS Caravan (Crowhurst Park) Caravan (Combe Haven) Totals £ £ Cost At 1 June 2024 35,645 29,400 65,045 Additions: Lodge from May 167,000 0 167,000 Disposals 35,645 29,400 65,045 At 31 May 2025 167,000 0 167,000 Depreciation At 1 June 2024 28,519 19,294 47,813 Charge for the year 7126 10,106 17,232 Reverse Accumulated Depreciation on Disposals 35,645 29,400 65,045 At 31 May 2025 0 0 0 Net Book Value At 31 May 2024 7,126 10,106 17,232

THE OLIVER CURD TRUST (Charity no. 1124648)

ACCOUNTS TO 31[st] May 2025

Independent Examiner’s eportR

At 31 May 2025

167,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	2024/25	2023/24
	£	£
Other debtors	0	7,718
(Pre-paids)

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024/25 2023/24 £ £ Other creditors 800 0 10. MOVEMENT IN FUNDS	2024/25 2023/24 £ £ Other creditors 800 0 10. MOVEMENT IN FUNDS	2024/25 2023/24 £ £ Other creditors 800 0 10. MOVEMENT IN FUNDS	2024/25 2023/24 £ £ Other creditors 800 0 10. MOVEMENT IN FUNDS
	At 1/6/24	Net movement	At 31/5/25
Unrestricted funds	319,659	24,461	344,120

11. ULTIMATE CONTROLLING PARTY

The charity is controlled by its board of trustees.

THE OLIVER CURD TRUST (Charity no. 1124648)

DETAILED STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 31 MAY 2025

	2024/25
	£
INCOMING RESOURCES:
Voluntary income:
Donations	15,488
Gift Aid Claims	5,267
Total	20,755
Activities for generating funds:
Van to Van Run	1,571
OCT Golf	6,319
Collection Boxes	1,302
Misc. F/R	1,086
Total	10,278

Investment Income
Deposit Account interest:	2,693
Saving account (closed)	952
	3,645

Total income resources	34,678

Cost of generating voluntary income:
Admin/Bank.	1,012
OCT Golf Days	2,927
Other fundraising expenses+Legal Fees	506
Newsletter/Website costs	624
Just Giving charges	291
Total	5,360

Charitable activities
Pitch rents and Van Utilities and repairs	13,224
Prior year adjustment	41
Depreciation of caravans (pre-existing caravans)	17,232
Total	30,456

Governance Costs
Insurance	204
Independent Examination	800
Total	1,004

Total Resources expended	36,820

Net Income	(2,183)