THE OLIVER CURD TRUST (Charity no. 1124648) . ## THE OLIVER CURD TRUST (Charity no. 1124648) ## REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 1 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
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13| |---|---| 2 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 3 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. 4 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 5 THE OLIVER CURD TRUST (Charity no. 1124648) STATEMENT OF ACCOUNTS – 2024-25 Trustees’ Report & Statement 6 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: 1. 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 2. 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 7 (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
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319 659| 8 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
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319 659| 9 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 10 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. 11 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| 12 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. 13 ## 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|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||||||| 14 THE OLIVER CURD TRUST (Charity no. 1124648) ACCOUNTS TO 31[st] May 2025 Independent Examiner’s eportR At 31 May 2025 167,000 0 167,000 ## 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. 15 ## 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)| 16