CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110112023 end date 3111212023 Perlod stsrt dats To Poriod Charity name: Oxford Road Educatlon Charity (OREC) Charity registration number. 1167547 Objectives and Activities Summary of the purpos8s of the charty as set out in its governing dooument Pam 1.17 THE TRusfEES SHALL APPLY THE CLEAR INCOME OF THE CHARITY AS FOLLOWS.. {11 IN MAKING PAYMENTSTO THE MANAGERS OF THE HOLYTRINtTY CHURCH OF ENGLAND MIDDLE SCHOOL. AT MARLOW. IN THE COUNTY OF BUCKINGHAMSHIRE, TO BE APPUED BYTHEM IN tXSCHARGING THEIR OBLIGATIONS UNDER THE EDUCATION Acfs 1944 TO 1976 WITH RESPEcr TO THE MAlK[ENAN(￿ OF THATSCHOOL {21 IN OR TOWARDS PROVIDING SUCH SPECIAL BENEFtrs OF ANY KIND NOT NORMALLY PROVIDED BYTHE LOCAL EDUCATION AufHORITY FOR THE SAID SCHOOL AS MAY FROM TrMETOTIME BEAGREED B￿lEENTHE TRUSTEES AND THE SAID MANAGERS AFTER CONSULTATION WtfH ThE AUTHORITY; AND 131 IN OTHERWISE ADVANCING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF CHILDREN ATfENDING ThE SAID SCHOOL Summary of the main activities in relation to those purposes for the public benefit, in particular. the activitses, projects or servic£s Identifi￿ in the accounts. Para 1.17 aTrJ 1.19 The primary focus of the Charity is to manage the land ¢Mned al Oxford Road to cptimise income for the benefft of Holy Trinity Church of England Middle School. Thts indudes the building Tylecoats Sthcmjlhouse, Oxford Rd, Marlow SL7 2NN and the adjacent car park (marked out with t*ic*s on the ground). Statement confirmirvJ whether the tr￿tee$ have had regard to the guNJanc8 issued by the Charity Commission on wbl benefft P*a 1.18 The trustees of Oxford Road Education Charity confimi that they have had regard to the Chartty Commissitin's guidance on wblic benefil. Addltlonal Inforniatlon (opllonal) You ma choose to indude further slatements where Tekn athwt Pwa 1a8 Policy on grant makirKJ Pwa 1.3B Poliw on soclal Investm￿ including p￿raM related investment Pwa 1.38 c0ntritxrt￿ mada by volunteers Other Achievements and Perfonnance Due to the sickness wilhin the finanaal derysion makets at the schod (who are the benef￿larieS of this charity's funds) during this financial period, Combined with a change in staff personnel, the charity hasn't spent as muth money as usual on a(*ieving its aims. We have also had to renew the leases of the properties we own arKI y￿re aware Ihat W8 would Iherefore incur further costs because of this but that these costs weren't able to be easily estimat&J in advance. The school are aware that in the next financial ￿riod, we will hav8 mora monay to financially assist Summary of the main athtevemenls of the charity, identifying the differen￿ the charity's vAJrk has made to the cIr￿mStanCeS of its beneficiaries and any WKler beneftts to socW as a whde. P•B1 We were able to viith a large c2txtal projert spend to repiace the school windows. The windows were old and rottèn which meant they Y￿re drafy and didn't insulate the schcM)I well. We therefore helped to fund new wndows to keep the children warm during the ￿nter months and enhance their learning through ensuring their working envronment was opitrnal. Addltlonal information (opllonal) You ma choose to include further statements where relevant about Achievements against obJ"ectives set 1.41 Perfornian￿ of fiJThJraising activities against objectives P¥a 1A1 Investment perfom)ance against objectives P** 1.41 other Financial Review Review of the (*ariVs fina￿la1 position at the eThJ of Ihe eri Statement explaining the pdicy for holding reserves statirvJ why they are hdd Pw•121 Aca>)unts reviewed by Indepe￿Ient examiner Mr Adam Howarth and also seen b the trustees. A minimum balance of £7,500 to be kept in reserves and fiJThJs not to be taken below this level without prKx approval of the Trustees. This is in case the tNst has to incur any unexpected costs. PJa 122 Amount of r8S8rv8s held Reasons for hokling zero reserves Detsils of fund materially in deficit Explanation of ary Un￿rtaIntieS about the charty o)ntinuing as a going concem P•3 122 Pwa122 £ 80.078 P•a 124 P•5 123 Addlllonal Inforniation loptlonal) You ma thC￿￿e to include furth￿ statements where re*vant abLxJL' The chariWs principal swrces of funds {induding any fundrdising) PAra 1A7 Investrnent policy and objectives induding any srKial investment policy adopted Para 1.48 A description of the principal risks facing the rknrity P*a1A6 Olher Structure, Governance and Management Description of charity's trusts: Typ8 of goveming document Par8 125 0xfc￿d road education tharity is governed How is the chartty constttLrted? "-)"rated Para 125 OXf￿d road education charity is a trust. Trustee selection meth(xls including details of any constitutional provisions e.g. election to [￿t or name of any p8rson or b(Mty entitied to appoint one or More trustees Para 125 Trustees are automatically the current incumbent and churchwardens of the benfi￿ of Great marlow with Marlow Bott(xn. Little Mwlow Bisham. Addltlonal information {optlonal) You ma choose to irNSude further statarnents wPwe rele￿t ab(￿. Policies and procedures adopted for the inducti¢)n and training of trustees P¥8 151 The charFWs organisatiorsal structure and any wider netsvork with whidi the charity wo￿5 P¥8 1￿1 Relationship with any related parties Pwa I￿1 Other Reference and Administrativo details Chari name Other name the cha uses istered chari nUM￿r Charl￿S priNipal address Oxtord Ro￿j Edu¢ation Cha OREC 1167547 ma￿ Area Team Ministy Mark SL72 Names of thè ¢harFty trustees Twho manago th• chaity Tru•tsg n•n• Offlce Iifaryl Namè of pèrson (or body) •ntltl•d nttrvstee rfJn David Bull Whole year Whole year Caroline Bradto Sessions 10 12 13 14 15 16 17 18 19 20 te trustees- names of the drect(rs at Ihe date the re wasa rov&J Director namg Name of trustees hc4ding titte to property bekngng to the chariiy Trustee name Funds held as custodian tNstees on behalf of others Description of the assets held in this capaaty Name and objecis of the charty on whose behaff the assets are held and how this falls wtthin the custodian arivs obj.ects Detsils of arr3ngem8nts for safe cust(Kly and segregation of such assets from the charitys own assets Addftlonal informatioTh (optlonal) Names and addresses of advlsers (Opti{x￿1 inforniation) of advlser Name Address Administrator Rachel Bourdillon Accounts auditor Adam Howarth Treasurer Ni(x)la fill Name of chief executlve or names of sonlor staff members (Optional information) Exemptions from disclosure Reason for noTrdlsdosure of ke fsonnal ￿taIlS Other o tional inforniation Declarations The trustees declare that thoy have approved the trustees. report abov Slgned on behalf of the charlty's trustees SignaturBls) Full namels) PosItI(￿ (eg Secretary, Chalr, etc) David Bull Chair 15th July 2024 ## **OXFORD ROAD EDUCA** ## **Balance Sheet as a** ASSETS: Lloyds Bank Deposit A/c at 1st Jan 2023 Transfer To Current A/c Lloyds Bank Current A/c as at 1st Jan 2023 Add: Net Movement Total Assets LIABILITIES, CAPITAL AND RESERVES Deferred Income (Language Centre Car Park receiv Trust Fund as at 1st Jan 2023 Add Surplus for Period Total Liabilities, Capital and Reserves **Oxford Road Educationa** **Income and Expenditu** **12 Months Ended 31st D** _x000D_# Classified as General Business ## INCOME: Marlow Language Centre Car Park Rent Bank Deposit A/c Interest Borlase Car Park Rent EXPENDITURE: Yurt for Outdoor Learning Heating & Pipework Project Tray Tables Classroom Chairs Fire Doors Replacement Window Replacement Surplus for Period In connection with my examination, no matter has co (i) Which gives me any cause to believe that they do (ii) To which in my opinion, attention should be draw of the accounts to be reached. A Howarth ACMA _x000D_# Classified as General Business Marlow Language Centre Rental Payments to OREC for 2023: Note: Rental is paid one month in advance |£'s||For Month of| |---|---|---| ||Banked|| |Dec-22|2,500|
Jan-23| |Jan-23|2,500|
Feb| |Feb|1,875|
Mar| |Mar|2,500|
Apr| |Apr|2,500|
May| |May|2,500|
Jun| |Jun|2,500|
Jul| |Jul|2,500|
Aug| |Aug|2,500|
Sep| |Sep|2,500|
Oct| |Oct|2,500|
Nov| |Nov|2,500|
Dec| |Dec|2,500|
Jan-24| (A) Sub- total Deduct payment in advance i.e. (B) Dec 2023 banking for Jan 2024 Total for 12 months to 31 Dec (A-B) per Accounts _x000D_# Classified as General Business ## **ATIONAL CHARITY TRUST** ## **at 31st December 2023** **----- Start of picture text -----**
£ £
26,000
0
-----------------
26,000
33,283
20,795
-----------------
54,078
------------------
80,078
------------------
ved in advance) 2,500
56,783
d 20,795
-----------------
77,578
------------------
80,078
------------------
**----- End of picture text -----**
## **l Charity Trust** ## **ure Account** ## **ecember 2023** _x000D_# Classified as General Business 12 Months 12 Months 2023 2022 £ £ 29,375 30,000 228 13 2,250 2,250 --------------------------------31,853 32,263 --------------------------------5,000 18,234 11,058 --------------------------------11,058 23,234 ----------------------------------------------------------------20,795 9,029 --------------------------------- ome to my attention: o not comply with the accounting records or wn in order to enable a proper understanding 29th June 2024 _x000D_# Classified as General Business Financial Yr 2022 2,500 2,500 1,875 _*£625 contribution towards windows offset_ 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 31,875 2,500 29,375 _x000D_# Classified as General Business ## **OXFORD ROAD EDUCA** ## **Balance Sheet as a** ASSETS: Lloyds Bank Deposit A/c at 1st Jan 2023 Transfer To Current A/c Lloyds Bank Current A/c as at 1st Jan 2023 Add: Net Movement Total Assets LIABILITIES, CAPITAL AND RESERVES Deferred Income (Language Centre Car Park receiv Trust Fund as at 1st Jan 2023 Add Surplus for Period Total Liabilities, Capital and Reserves **Oxford Road Educationa** **Income and Expenditu** **12 Months Ended 31st D** _x000D_# Classified as General Business ## INCOME: Marlow Language Centre Car Park Rent Bank Deposit A/c Interest Borlase Car Park Rent EXPENDITURE: Yurt for Outdoor Learning Heating & Pipework Project Tray Tables Classroom Chairs Fire Doors Replacement Window Replacement Surplus for Period In connection with my examination, no matter has co (i) Which gives me any cause to believe that they do (ii) To which in my opinion, attention should be draw of the accounts to be reached. A Howarth ACMA _x000D_# Classified as General Business Marlow Language Centre Rental Payments to OREC for 2023: Note: Rental is paid one month in advance |£'s||For Month of| |---|---|---| ||Banked|| |Dec-22|2,500|
Jan-23| |Jan-23|2,500|
Feb| |Feb|1,875|
Mar| |Mar|2,500|
Apr| |Apr|2,500|
May| |May|2,500|
Jun| |Jun|2,500|
Jul| |Jul|2,500|
Aug| |Aug|2,500|
Sep| |Sep|2,500|
Oct| |Oct|2,500|
Nov| |Nov|2,500|
Dec| |Dec|2,500|
Jan-24| (A) Sub- total Deduct payment in advance i.e. (B) Dec 2023 banking for Jan 2024 Total for 12 months to 31 Dec (A-B) per Accounts _x000D_# Classified as General Business ## **ATIONAL CHARITY TRUST** ## **at 31st December 2023** **----- Start of picture text -----**
£ £
26,000
0
-----------------
26,000
33,283
20,795
-----------------
54,078
------------------
80,078
------------------
ved in advance) 2,500
56,783
d 20,795
-----------------
77,578
------------------
80,078
------------------
**----- End of picture text -----**
## **l Charity Trust** ## **ure Account** ## **ecember 2023** _x000D_# Classified as General Business 12 Months 12 Months 2023 2022 £ £ 29,375 30,000 228 13 2,250 2,250 --------------------------------31,853 32,263 --------------------------------5,000 18,234 11,058 --------------------------------11,058 23,234 ----------------------------------------------------------------20,795 9,029 --------------------------------- ome to my attention: o not comply with the accounting records or wn in order to enable a proper understanding 29th June 2024 _x000D_# Classified as General Business Financial Yr 2022 2,500 2,500 1,875 _*£625 contribution towards windows offset_ 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 31,875 2,500 29,375 _x000D_# Classified as General Business