REGISTERED CHARITY NUMBER: 1166032 Re ort of the Trustèes and Unaudited Financlal Statements for the Year Ended 31 Au ust 2024 for Oaklands School Charitable Trust Oaklands School Charltable Trust Content5 of the Financial Statements for the Year Ended 31 Au ust 2024 Page Report of the Trustees 1to2 statement of Financial Activities Balance Sheet Notes to tho Financial Statements Oaklands School Charitable Trust ort ol the Trustees for the Year Ended 31 Au ust 2024 The trustees present their report wth the financial slalements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and ReF)Orting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and almg The charity was established lo provide individualised education, support and facilities for children with severe learning disabilities, MUlt￿pIe learning difficulties and those whose learning is affected by autism. ACHIEVEMENT AND PERFORMANCE Charitable activities The charity was registered in March 2016 and was initially running in tandem with the Oaklands School Fund, now defuncl.11 then look over all relevant activities including provision of such items as uniforms and charitable welfare payments on welfare and certain facilities. Since the year ended 31 August 2021, the School has sourced uniforms directly. In the 2023 financial year. the charity was not fully active as the charity's bankers froze and then closed the bank account despite there being a balance of over £150,000 in the account. In 2024 the Trustees have made efforts lo have the frozen funds released and are endeavouring lo open a new account. The charity will resume its operations once the bank account is active. FINANCIAL REVIEW Financial position The charity was not actively fundraising in the period and as noted above the Trustees have been unable to defray funds in hand for charitable purposes because of the bank's unwarranted Irealmenl of the charitable Trust. Unreslricled funds carried forward total £143,03812023 £143,038). The reslricled funds include funds eamiarked for a wheelchair accessible roundabouucarousel of £10,000 12023 £10,000). In respect of this restricted fund, this arose before the full establishment of the SEND college, Great Oaks College, run by Great Oaks Charitable Trust, which occupies part of the Gresham Road sile, where the roundabouvcarousel is to be situated. The Trustees are still considering the ongoing treatment of the earmarked reserve. No expenses have been claimed by the Iruslees for the period. Reserves policy The Iruslees are aware of the requirement for a reserves policy bul are equally conscious that the historic Funds balance reflects the non recurring grant from the now defunct School Fund. Given this the ongoing income stream is not expected lo be large and over lime funds will be depleted by charitable expenditure. The reserves balance will be regularly reviewed and assessed in the light of all relevant factors and the level of claims for charitable assistance have been established. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is an unincorporated charity being a Charitable Incorporated Organisalion registered with the Charity Commission for England and Wales on 14 March 2016 and is governed by a CIO trust conslitulion. Risk manag9mgnt The trustee5 have a duty lo identify and review the risks to which the charity 15 exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1166032 Page I Oaklands School Charitable Trust Re ort of the Trustees for the Year Ended 31 Au 2024 ust Principal addrgss Gresham Road Hounslow Middlesex TW3 4BX Trustees Mrs A Clinton Mrs M Standring Ms M Asghar Approved by order of the board of trustee$ on 31 May 2025 and signed on its behalf by.. hjmdidffln M Slandring - Trust Page 2 Oaklands School Charitable Trust Statement of Financial Activities for the Year Ended 31 Au ust 2024 2024 2023 Unrestricted Restricted Total Total fund fund funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Governance costs General 336 Total 336 NET INCOMEIIEXPENDITURE) 13361 RECONCILIATION OF FUNDS Totsl funds brought forward 143,374 10,000 153,374 153,374 TOTAL FUNDS CARRIED FORWARD 143,038 iu.000 153,038 153,038 The notes form part of these financial statements Pag¢ 3 #klands Sehool Charitable Trust Balance Sheet 31Au ust 2024 Notes Unrestricted Reslricled fund fund 2024 Total funds 2023 Total funds CURRENT ASSETS Cash at bank and in hand 145,378 10.000 155,378 155,378 CREDITORS Amounts falling due within one year 12,3401 12,3401 12,3401 NET CURRENT ASSETS 143.038 10,000 1 $3,038 153,038 TOTAL ASSETS LESS CURRENT LIABILITIES 143.038 10,000 153,038 153,038 NET ASSETS 143.038 10.000 153.038 153,038 FUNDS Unrestricted funds Reslricled funds 143,038 10,000 143,038 10.000 TOTAL FUNDS 153,038 153,0374 The financial statements were approved by the Board of Trustees and authorised for issue on 31 May 2025 and were signed on its behalf by.. M Standring - Trustee Page 4 Oaklands School Charitable Trust The notes form part of these financial statements Notes to the Financial Statements for the Year Ended 31Au ust 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The fi'nancial statements of the charity, which is a public benefit enlily under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial slalements have been prepared under the historical cost convention. These financial statements have been prepared on the going concern basis. At the date of approval of these financial statements, the trustees do not anticipate any going concern implications from Brexit or Covid-19. Income All income is recognised in the Statement of Financial Activities once the charity has enlitlemenl lo the funds. {No Income was received during the financial yearl. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commilling the charity lo that expenditure, il is probable that a transfer of economic beneh'ls will be required in settlement and the amount of the obligation can be measured ieliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all Gosl related lo the category. Where costs cannot be directly attributed to particular headings they have been allocated lo activities on a basis consistent with the use of resources. Taxatlon The charity is exempt from lax on its charitable aclNilies. Gift aid is recoverable on valid gift ald donations. Fund accounting Unreslricled funds can be used in accordance wlh the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wrthin the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes lo the financial stalemenls. Investments Current asset investments are short term highly liquid investments and are held at fair value. These include cash on deposit and cash eqLJivalenls with a maturity of less than one year. Page 5 Oaklands Sehool Charitable Trust Iyotes to the Financial Statements- continued for the Year Ended 31 A ust 2024 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 31 Governance costs There were no governance ¢osls for this year. Analysis shown in Note 3. DIRECT COSTS OF CHARITABLE ACTIVITIES Welfare Wall art for 08klands School Accountancy & Independent examination Bank charges 2023 2024 300 36 336 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2024. Trustegs. expgnsgs There were no trustees, expenses paid for the year ended 31 August 2024. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other creditors 2.340 2.340 MOVEMENT IN FUNDS Al 01.9.23 Net At movement 31.8.24 in funds Unrestricted funds General fund 143,038 143,038 Restricted funds Specialised equipment grants 10.000 10.000 TOTAL FUNDS 153,038 153.038 RELATED PARTY DISCLOSURES The Trust has a direct connection with Oaklands School, and Great Oaks Charitable Trust, Hounslow. The financial slalemenls refer lo certain transactions with the above, but there are no related party transacb'ons directly involving the Trustees. Page 6