## ## |||Page| |---|---|---| |Charity
Information||| |Trustees'
Report||2-9| |Independent
Auditor's|Report|10-11| |Statement of Financial|Activities|12| |Balance Sheet||13| |Statement ofCash Flows||14| |Notes to the Accounts||15-29| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||IU0|Cl
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LL| ## ||||||Balance Sheet|||| |---|---|---|---|---|---|---|---|---| ||||||As at 31st March 2021|||| ||||||2021||2020|| |||||Note||||| |Fixed Assets||||||||| |Tangible assets|||||237,637|||247,969| |Investments|||||5,933,941||4,914,412|| ||||||6,171,578||5,162,381|| |Current Assets||||||||| |Property
held|for|sale||9|1,014,487|830,000||| |Debtors||||10|183,910|68,929||| |Cash at bank|and|in hand|||3,507,715|2,408,797||| ||||||4,706,112|3,307,726||| |Creditors: amounts||falling|due|||||| |within one year|||||(387,192)|(551,610)||| |Net Current Assets|||||4,318,920||2,756,116|| |Total assets less current|||liabilities||10,490,498||7,918,497|| |Creditors: amounts||falling|due after|||||| |more than one|year|||12|(7,000)|||(9,625)| |Net Assets|||||10,483,498||7,908,872|| |Funds||||||||| |Unrestricted||||13|423,349|||190,744| |Restricted||||13/14|3,436,301||2,209,222|| |Endowment:||||13/14||||| |Permanent|endowment||||6,262,180|5,156,907||| |Expendable|endowment||||361,668|351,999||| ||||||6,623,848||5,508,906|| ||||||10,483,498||7,908,872|| ## ## ||Note|2021|2020| |---|---|---|---| |Net cash flow from operating
activities|17|889,528|647,377| |Cash flow from investing
activities|||| |Payments
to acquire investments|||(118,919)| |Receipts from sales of investments||17,001|| |Payments
to acquire tangible
fixed assets||(992)|(10,482)| |Interest received||4,830|14,090| |Dividends
received||173,551|182,572| |Net cash flow from investing
activities||194,390|67,261| |Cash flow from financing
activities|||| |Receipt ofendowment||15,000|114,421| |Net cash flow from financing
activities||15,000|114,421| |Net increase
in cash and cash equivalents||1,098,918|829,059| |Cash and cash equivalents
at 1stApril 2020||2,408,797|1,579,738| |Cash and cash equivalents
at31stIlarch 2021||3,507,715|2,408,797| |Cash and cash equivalents
consists of:|||| |Cash at bank and
in hand||3,507,715|2,408,797| |Cash and cash equivalents
at 31stMarch 2021||3,507,715|2,408,797| ## ## ## ## ## ## ## ## ## ## ## |Fixtures,|fittings and|equipment|over 4 years||| |---|---|---|---|---|---| |ITequipment|||over 4years||| |Freehold|/ Leasehold|property|nil / over the expected|useful|life| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Restricted|Endowment|2021|2020| |---|---|---|---|---|---| ||Funds|Funds|Funds|Total|Total| ||E||f||E| |Dividends|59,584|113,967||173,551|182,572| |Bank interest receivable|4,830|||4,830|14,090| ||64,4'14|113,967||178,381|196,662| ## |||Unrestricted|Restricted|Endowment|2021|2020| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|Total|Total| |Employment|costs|44,085|||44,085|71,105| |Fund development||29,804|||29,804|25,785| |||73,889|||73,889|96,890| ## ## ||Unrestricted|Restricted|Endowment|2021|2020| |---|---|---|---|---|---| ||Funds
f|Funds|Funds|Totalf|Totalf| |Grants payable|||||| |Restricted grants (see note 14)||1,808,872||1,808,872|1,225,576| |Community
leadership|||||| |Employment
costs|30,114|94,250||124,364|109,272| |Other costs|8,400|||8,400|6,724| |Total direct charitable|||||| |activities costs|38,514|1,903,122||1,941,636|1,341,572| |Support costs|||||| |Employment
costs re grants|96,002|||96,002|81,898| |Rent and rates|2,104|||2,104|3,474| |Governance
costs|54,272|||54,272|49,164| |Fund development|29,804|||29,804|25,784| |Other costs|33,092||3,324|36,416|46,504| |Total support ofcharitable|||||| |activities costs|215,274||3,324|218,598|206,824| |Total costs ofcharitable|||||| |activities|253,788|1,903,122|3,324|2,160,234|1,548,396| ## ||||Unrestricted|Restricted|Endowment|2021|2020| |---|---|---|---|---|---|---|---| ||||Funds
f|Funds|Funds
f|Total
f|Totalf| |Auditor's|remuneration||5,272|||5,272|4,453| |Employment||costs|49,000|||49,000|44,711| ||||54,272|||54,272|49,164| ## ## ## |Employment
costs||| |---|---|---| ||2021
E|2020f| |Wages and salaries|278,727|270,326| |Social security costs|22,967|19,385| |Pension costs|11,757|17,275| ||313,451|306,986| ## |Fixed assets||||| |---|---|---|---|---| |||Leasehold|Office|| |||property|equipment
f|Total
f| |Cost||||| |At 1st April 2020||282,500|49,386|331,886| |Additions|||992|992| |At 31st March|2021|282,500|50,378|332,878| |Accumulated|depreciation|||| |At 1st April 2020||47,062|36,855|83,917| |Charge for the|year|3,324|8,000|11,324| |At 31stMarch|2021|50,386|44,855|95,241| |Net book value||||| |At 31st March|2021|232,114|5,523|237,637| |At 31stMarch|2020|235,438|12,531|247,969| ## ## |9.|Investments|||||| |---|---|---|---|---|---|---| ||a) Fixed asset investments||||2021|2020| |||||||f.| ||Valuation
at 1st April|2020|||4,914,412|5,126,060| ||Additions
at cost|||||118,919| ||Disposals||||(17,001)|| ||Gains/(losses)
on revaluation||||1,036,530|(330,567)| ||Valuation
at 31st March 2021||||5,933,941|4,914,412| ||All investments
are managed||by investment|fund managers.|The cash balance
within|investments
was| ||2103,005 (2020:f111,096).|||||| ||b)
Current asset investments|||||| ||||||2021|2020| ||||||f|F| ||Pro e
held for sale|||||| ||Valuation
at 1stApril|2020|||830,000|830,000| ||Gain on revaluation||||184,487|| ||Valuation
at 31st March 2021||||1,014,487|830,000| |10.|Debtors|||||| ||||||2021|2020f| ||Prepayments
and accrued income||||147,728|36,929| ||Other debtors||||36,182|32,000| ||||||183,910|68,929| |11.|Creditors: amounts|falling due within one||year||| ||||||2021|2020| |||||||E| ||Accruals||||10,120|15,560| ||Pension
liability||||3,500|3,500| ||Grants payable||||277,694|532,550| ||Other creditors||||95,878|| ||||||387,192|551,610| ## ## ## |2021|2020| |---|---| |E|E| |7,000|9,625| ## ## ||||Unrestricted|Restricted|Endowment|2021| |---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Total| ||||E||E|E| |Funds are represented||by||||| |the following|assets:|||||| |Tangible fixed assets|||5,523||232,114|237,637| |Investment|fixed assets||399,639|131,868|5,402,434|5,933,941| |Net current|assets||25,187|3,304,433|989,300|4,318,920| |Long term|liabilities||(7,000)|||(7,000)| ||||423,349|3,436,301|6,623,848|10,483,498| ||||Unrestricted|Restricted|Endowment|2020| ||||Funds|Funds|Funds|Total| ||||E|E|E|| |Funds are represented||by||||| |the following|assets:|||||| |Tangible fixed assets|||12,531||235,438|247,969| |Investment|fixed assets||172,838|283,106|4,458,468|4,914,412| |Net current|assets||15,000|1,926,116|815,000|2,756,116| |Long term|liabilities||(9,625)|||(9,625)| ||||190,744|2,209,222|5,508,906|7,908,872| ## ## ## ## ## ||||||||Total Named Funds|Total Named Funds| |---|---|---|---|---|---|---|---|---| ||||individuals||Business|Trusts 8|As at|As at| |||||||Foundations|2021|2020| |Community|impact Panel|||12|||23|21| |Donor Advised||Panel||8|||13|12| |Bespoke Panel||||2|||4|4| |||||22|||40|37| ||||Balance at|||OCF|Transfers|Balance at:| ||||1stApril|||contribution|between|31st| ||||2020|Income|Expenditure|transfer
f|funds
E|March 2021
E| |Black Minds Matter||||1,242,391|(240,138)|(16,800)||985,453| |Fund for Sankaipa*|||50,140|90,844|(74,955)|(12,576)||53,453| |Step Change
Fund|||770,176|280,000|(153,917)|(14,000)||882,259| |David and Claudia|Harding*||11,210|26,678|(2,500)|(8,497)|(8,709)|18,182| |Daymark
Fund|||152,510|120,380|(37,500)|(8,426)|(16,250)|210,714| |Health and Innovation||||230,000|(67,500)|(23,000)||139,500| |NET|||36,000|586,089|(581,934)|(40,155)||| |Recover Stronger|||||(164,700)||164,700|| |High Sheriff ofOxfordshire*|||18,988|1,590||(488)|(8,000)|12,090| |Jane Wates|||36,500|325||(16)||36,809| |John Lewis Westgate||Fund|26,598||||(26,598)|| |MacTaggart|||306|||||306| |Maggie Evans*|||9,706|6,764|(10,000)|(2,154)||4,316| |Midcounties
Cooperative*|||1,565|8,994||(2,845)||7,714| |Our Common
Good|||87,824|56,250||(3,938)|(25,000)|115,136| |Relate Revenue*|||31,381||(5,589)|||25,792| |Surviving
Winter"|||59|2,008||(403)||1,664| |The Taylor Family Fund|||99,625|36,371|(21,406)|(2,546)||112,044| |Community
Resilience|||537,250|369,702|(233,476)|(69,576)|(176,641)|427,259| |Oxford Homeless
Movement|||97,659|151,632|(225,958)|(5,392)|46,598|64,539| |Tim Stockdale Foundation|||115,141|2,115|(350)|(391)||116,515| |Growing
Minds|||59,583|43,032|(43,309)||9,200|68,506| |Other grant making|funds*||67,001|77,477|(39,890)|(18,238)|67,700|154,050| ||||2,209,222|3,332,642|(1,903,122)|(229,441)|27,000|3,436,301| ## ## ## |||Balance at|Balance at||OCF|Transfers|Balance at| |---|---|---|---|---|---|---|---| |||1stApril|||contribution|between|31st| |||2019|Income|Expenditure|transfer|funds|March 2020| |||||E|E|E|F| |Community
Cohesion|Fund|5,295||||(5,295)|| |Fund for Sankalpa*||27,499|152,883|(144,477)|(15,401)|29,636|50,140| |Step Change
Fund||776,627|446,750|(430,863)|(22,338)||770,176| |David and Claudia
Harding*||5,064|26,153|(39,548)|(8,352)|27,893|11,210| |Daymark
Fund||100,000|102,184|(42,521)|(7,153)||152,510| |High Sheriff ofOxfordshire*||7,912|15,271|(5,718)|(1,027)|2,550|18,988| |Jane Wates||66,500||||(30,000)|36,500| |John Lewis Westgate|Fund|74,973||(8,375)||(40,000)|26,598| |MacTaggart|||15,375|(13,031)|(2,038)||306| |Maggie Evans*||10,437|6,815|(12,000)|(2,117)|6,571|9,706| |Midcounties
Cooperative*||7,809|8,756|(22,030)|(2,798)|9,828|1,565| |Our Common
Good||88,412|26,250|(25,000)|(1,838)||87,824| |Relate Revenue*||32,206||(825)|||31,381| |Surviving
Winter"||3,475|1,897|(6,311)|(396)|1,394|59| |The Taylor Family Fund||93,195|47,022|(17,300)|(3,292)|(20,000)|99,625| |Community
Resilience|||523,750||(1,500)|15,000|537,250| |Oxford Homeless
Movement|||83,082|(59,679)|(744)|75,000|97,659| |Tim Stockdale Foundation|||100,071|(3,660)|(307)||115,141| |Growing
Minds|||113,250|(110,667)||57,000|59,583| |Other grant making
funds*||179,736|347,991|(283,571)|(38,158)|(83,960)|103,001| |||1,479,140|2,017,500|(1,225,576)|(107,459)|45,617|2,209,222| ## ## ## |||||Total Named|Funds| |---|---|---|---|---|---| |OCF|Individuals|Business|Trusts &|As at|As at| |General|||Foundations|2021|2020| |||||16|16| |||Balance at|Balance at|||Transfers|Investment|Balance at| |---|---|---|---|---|---|---|---|---| ||||1stApril|||between|gainsi|31st| ||||2020|Income|Expenditure|funds|(losses)|March 2021| ||||||E|||| |Beard Charitable||||||||| |Foundation|||333,827|||(40,000)|66,212|360,039| |Brethertons|||59,019|||(10)|11,027|70,036| |Business Cares|Fund||77,238||||15,989|93,227| |David 8 Claudia|Harding||755,235||||156,341|911,576| |Sankalpa|||802,425||||166,111|968,536| |High Sheriff of Oxfordshire|||22,334||||4,625|26,959| |HS Getting Court|||15,585|||8,000|3,783|27,368| |Jubilee Endowment|||358,362||||74,197|432,559| |Maggie Evans Fund|||191,490||||39,640|231,130| |Main Endowment||1|,445,564||(3,324)|(15,353)|307,030|1,733,917| |Meech Centenary|Trust||159,417|10,000|||33,057|202,474| |Midcounties
Cooperative|||252,860||||52,344|305,204| |Relate Property|||815,000|||(10,187)|184,487|989,300| |Saunders
Family|||131,999||||27,325|159,324| |Surviving
Winter|||35,797||||7,408|43,205| |Withy
King Fund|||52,754|5,000|||11,240|68,994| |||5,508,906||15,000|(3,324)|(57,550)|1,160,816|6,623,848| ## ## ## |||Balance at|Balance at|||Transfers|Investment|Balance at| |---|---|---|---|---|---|---|---|---| ||||1stApril|||between|gains/|31st| ||||2019|Income
f|Expenditure
f|funds
E|(losses)|March 2020
f| |Beard Charitable||||||||| |Foundation|||273,624|80,000|||(19,797)|333,827| |Brethertons|||56,667|4,421|||(2,069)|59,019| |Business Cares|Fund||82,492|||(2,852)|(2,402)|77,238| |David 8 Claudia|Harding||806,615|||(27,893)|(23,487)|755,235| |Sankalpa|||857,016|||(29,636)|(24,955)|802,425| |High Sheriff ofOxfordshire|||23,061||||(727)|22,334| |HS Getting Court|||16,092||||(507)|15,585| |Jubilee Endowment|||375,778|||(10,845)|(6,571)|358,362| |Maggie Evans Fund|||204,516|||(7,071)|(5,955)|191,490| |Main Endowment||1|,768,368||(3,324)|(116,152)|(203,328)|1,445,564| |Meech Centenary|Trust||158,604|10,000||(3,000)|(6,187)|159,417| |Midcounties
Cooperative|||270,533|||(9,828)|(7,845)|252,860| |Relate Property|||815,000|||||815,000| |Saunders
Family|||118,460|20,000||(500)|(5,961)|131,999| |Surviving
Winter|||38,301|||(1,394)|(1,110)|35,797| |Withy
King Fund|||56,563|||(1,771)|(2,038)|52,754| |||5,921,690||114,421|(3,324)|(210,942)|(312,939)|5,508,906| ## ## ## ## |The positi|on
on|these|fu|nds i|s summ|arised|as follows:|||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||Endowment|Unapplied|Total| |||||||||for|total|endowment| |||||||||investment|return|| |At 1stApril 2020:||||||||||| |Gift component||of permanent|||endowment||(indexed value)|2,782,490||2,782,490| |Unapplied|total|return|||||||(148,912)|(148,912)| |||||||||2,782,490|(148,912)|2,633,578| |Ilovements:||||||||||| |Gift ofendowment
funds||||(total|return|funds|only)|15,000||15,000| |Dividend|return||||||||95,128|95,128| |Gains on|investment||values||||||546,530|546,530| |Indexation|in year|||||||38,061|(38,061)|| |||||||||53,061|603,597|656,658| |Unapplied|total|return|allocated to income||||in year|||| |Dividend|return|included||in restricted||income fund|||(95,128)|(95,128)| |||||||||53,061|508,469|561,530| |Gift component||of permanent|||endowment||(indexed value)|2,835,551||2,835,551| |Unapplied|total|return|||||||359,557|359,557| |Total at 31st March|||2021|||||2,835,551|359,557|3,195,108| ## ## ## ||||||||||Endowment|Unapplied|Total| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||for|total|endowment| ||||||||||investment|return|| |At 1stApril 2019:|||||||||||| |Gift component|of permanent|||endowment|||(indexed value)||2,701,071||2,701,071| |Unapplied
total|return|||||||||149,347|149,347| ||||||||||2,701,071|149,347|2,850,418| |Movements:|||||||||||| |Gift ofendowment
funds|||(total|return||funds only)|||10,000||10,000| |Reallocation
of|funds|not|included||in|total|return|holding||(51,999)|(51,999)| |Dividend
return||||||||||92,809|92,809| |Losses on investment||values||||||||(80,551)|(80,551)| |Indexation
in year|||||||||71,419|(71,419)|| ||||||||||81,419|(111,160)|(29,741)| |Unapplied
total|return|allocated to|||income||in year|||(94,290)|(94,290)| |Dividend
return|included||in restricted|||income fund||||(92,809)|(92,809)| |||||||||||(187,099)|(187,099)| |Gift component|of permanent|||endowment|||(indexed value)||2,782,490||2,782,490| |Unapplied
total|return|||||||||(148,912)|(148,912)| |Total at 31stIlarch||2020|||||||2,782,490|(148,912)|2,633,578| ## ## ## ## |Reconciliation
ofnet|incom|e to net cash flow from|operating
activities|| |---|---|---|---|---| ||||2021|2020| |Net income for year|||2,574,626|280,106| |Dividends
received
Interest receivable
Depreciation
oftangible|fixed|assets|(173,551)
(4,830)
11,324|(182,572)
(14,090)
9,594| |(Gains)/losses
on revaluation||of investments|(1,221,017)|330,567| |Receipt ofendowment
(Increase)/decrease
in|debtors||(15,000)
(114,981)|(114,421)
36,939| |(Decrease)/increase
in|creditors||(167,043)|301,254| |Net cash flow from operating||activities|889,528|647,377| ##