REGISTERED COMPANY NUMBER: 11796126 IEngland and Wales}
REGISTERED CHARITY NUMBER: 1183052
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
The Oli Hilsdon Foundation
Tearte & Carver knmiied
Chandos House
School Lane
Buckingh
Buckinghamshire
KIK18 1HD

The Oli Hilsdon Foundation
Contents of the Financial Statèments
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examinerfs Report
Statemenl of Flnanclal Adlvltles
Balance Sheet
Cash Flow Statemant
Notes to the Financial Slalements
8 to 13

The Oli Hilsdon Foundation (Registered number- 11796126)
Report of the Trustees
for the Year Ended 31 March 2024
Trustees Report
The Trustees of the Oli Hilsdon Foundation Ithe OHF) present their annual report {Ihe Report) and independently
reviewed accounis (the Accounts) for the year ended 31 March 2024 and confirm they comply with the requirements of
th8 Chariti8s Act 2011 and FRS 102. The R8PCrt is also intended to serv8 as th8 OHPS dir8Ctors' report for th8 pufpDS8S
of the Companies Act 2006 for the period fvotn 01 April 2023 to 31 March 2024 Ithe Reporting Pericyjl.
Objectives and activities
The OHF fU[￿S brain turrK)ur research in loving memory of Oli Hilsdon. lost his batt￿ with Gli(*)lasloma Mulliforme -
a malignant grade IV brain tumour- in January 2019. just 10 days L￿fore his 27th birthday.
The objects of the OHF according lo its Articles of Ass(Kxation are the relief of sickness and suffering and the protection
of good heatth of people with brairb lumours, in particJlar but without limitation through supporting research into the
causes. effects and consequences of Ixain tumours linthding sumval extension and curalive tfftalmenlsl.
It raises funds through a variety of events and activrts.es in order lo furfher these aims and therefore act in the public
benefit.
In preparing this Report, the Trustees have had regard to the Charities Act 2011 and FRS102 and have taken the
commission's public benefft guidance into account when maknng any decision it is relevant io.
Achi•v•m•nts and P•rforrnan¢•
The main acts"vilies arKJ achievements of the OHF during the Reporting Period comprised..
1. the continued support and independent funding lover a period of five years) of a research project leé by Professor
Simona Parrinello of Universty College, London entitled -mapping the spatio-iemporal heterogeneity ol glioblasloma
invasion" The Trustees view the researth project at Ucl as aligned wlh the OHFS objectives. The decision lo enter into
the Granl Agreement with ifve 8rain TutrKMJr Charity on 3 December 2019 wa5 approved unanimou51y by the Trustees.,
2. the paytnenl of the remaining balan￿ of £591,440 to fund Ihe UCL propct auoss 11 April 2023 and 05 May 2023,.
3. having fully funded ils original research projecL the OHF is in the process of selecting a new project to fvnd. As with ils
first project, the OHF will select a project that has been vetted by TBTC'S medical advisory ￿8rd..
4. after the period end, the OHF made iwo donations to a glioblastoma treatment research project that is primarily funded
by a partnership belween TBTC and Cancer Researctr UK. The OHF donated £14.514 in May 2024 ané ££17,158 in
October 2024. This does not change the trLJStees' ambib.jn to find another larger. mulli-year project lo fund. and
5. the Tru51ees 8re a)nsidenng transitioning the organisation's legal slruclure. The OHF will cease to be a regislered
charity, and will become 'Projecl Fund, of The Brnin Tumour Charity. TOHF wil ￿taIn some autonomy. including the
ability to select specific projects that it wishes to fund. Fk)wever. the administrative burden and cost (albeit relatively low}
associated wth operating a registered charity. This is likely lo lake place in FY25. or early FY26.
Financial Review
Fundraising activity decreased in the year, as the charity did not hold 8 Corporate sponsored fundr8i8ing event. The
charity did however gei)erate a healthy income, with many donations coming both from repeat and first-tiriie d￿lOrS. The
Iruslèes continue lo keep overhead costs lo a minimum. to maximise Ihe 'effici8ncy' of funds transferred to research
proj8Cts.
Reserves Policy
The OHF had a heallhy cash balan￿ at year end. Be13use the foundation has successfully funded the projecl al UCL
earlier than originally anticipated, the Trustees are reasses&ng the foundation's Reserves Policy. alDng with the
foundation's ongoing fundraising aims more generally and ￿ssil￿e future projects to support.
Golng Concern
Page 1

The Oli Hilsdon Foundation (Registered number- 11796126)
Report of the Trustees
for the Year Ended 31 March 2024
Given the strong postion of the charily's finances and the lacl that it is nol currently committed to actively funding a
research project, the Trustees consider there to be no risk that the charily is not a going concern. The OHF is
incorporated as a company limited by guarantee under the laws of England & Wales (Company No. 11796126)
registered with the Charities Commission under charity number 1183052.
Structure, Governance and Management
The OHF is controlled by ils Articles of Associalion and constiluies a lifftled company. limited by guarantee, as defined
by the Companies Act 2006.
Under the Articles. any person who is willing to act as a Ttustee ￿aY be appointed by a decision of the Trustees taken in
accordance with the Artides of Association. However. no new TrJstees were appointed by the OHF during the Reporting
Period.
During the Reporting PeriLKI. the Trustees reached all decisions ￿lating to the OHF on a unanimous basis.
The OHF did not employ any indiwduals during the Rewrting Period arml rK) committees, persons or bodies weie or ate
entitled to appoint one or more Iruslees.
Incorporation
The charitable company was incorporated on 29 January 2019 and eomff*nced trading on the same dale.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is contrdleé by its goveming d¢xument. a deed of trust. and constttules a limited company, limited by
guaranlee. as defined by the Companies Act 21J)6.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11796126 (England and Wales)
Règistered Charity number
1183052
Registered office
Billlesea Farm
Bradenstoke
Chippenham
Wiltshire
SN154EW
Trustees
J Boreham - Finance
E Ne5bitt-Dufort- Mark@ting
A Lee - Finance
A R Mcwilliams- Finance
M Perry - Finan
G Perry-Hilsdon - Real Estate
Independenl Examiner
Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD
Approved by order of the iKJard of trustees on 20 D￿ernber 2024 and signed on its behalf by..
Page 2

The Oli Hilsdon Foundation (Registered number- 11796126)
Report of the Trustees
for the Year Ended 31 March 2024
A Le8 - Trusiee
Page 3

Independent Examiner's Report to the Trustees of
The Oli Hilsdon Foundation
Independenl exami￿r.$ report to the trustses of The Oli Hilsdon Foundation I'the Compan
I report to the charity trustees on my examination ol the accounts of the CJmpany for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are resrx)nsible for
the preparation of the a￿Unts in ac￿rdanCe with the reqUireM￿ts ofthe Companies Act 2006 llhe 2(K)6 Ad'l.
Having satisfied myself that the accounts of the Company arè mt required to be audited Ljndèr Part 16 of the 2006 Act
and are eligible for independent examinaliorb, I rewrt in respect of my examination of your charity's accounts as carried
out under Section 145 of the Charilies Act 2011 1.the 2011 ACYI. In cffjing out my examination I have followed the
Dire¢lions given by the Charity Commission under Section 145151 Ibl of the 2011 Ad_
Independenl examinerfs statement
I have completed my examination. I confimi thal no matters have o)me lo my attention in connection with the
examination giving me cause lo believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or
the accounts do not accord with those records- or
the accounts do not comply with the accounkn'r¥J requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true arKI fair view which is not a matter consKJered as part of an Independent
examination; or
the accounts have not been prepared in accordan￿ with the methots and principles of Ihe Statement of
Recommended Practs.￿ for accounting and rewting by chartEs lapplicable lo charities preparing their accounts
in accordance with the Financial RepcKting Stsndard appl￿ble in the UK and Republic of Ireland IFRS 102)).
I have no conTrms and have come across no (rther matters in connection wth the examination lo which attènlion should
be drawn in this report in order lo enab￿ a prop*r understanding of the accounts to be reached.
Tèarle & Carver Limited
T9arle & CaNer Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD
20 December 2024
Page 4

The Oli Hilsdon Foundation
Statement of Financial Activities
for the Year Ended 31 March 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
155,060
579,144
Other trading acbvities
Totsl
155,060
580,244
EXPENDITURE ON
Raising funds
4,254
69,160
Charitable activities
Charitable
Totsl
591,440
660,600
4,254
NET INCOMEIIEXPENDrruREI
150,806
180,3561
RECONCILIATION FUNDS
Total funds brought forward
121.517)
58,839
TOTAL FUNDS CARRIED FORWARD
129289
21 5171
The notes on page O fomi part of Ihese fin￿Gla1 statements
Page 5

The Oli Hilsdon Foundation (Registered number- 11796126)
Balance Sheet
31 March 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
CURRENT ASSETS
Cash at bank
129,289
567,115
CREDITORS
Amounts falling due within one year
1588,6321
NET CURRENT ASSETSIILIABIUTIESI
129,289
21,5171
TOTAL ASSETS LESS CURRENT
LIABILITIES
129,289
121,5171
NET ASSETSIILIABILITIESI
FUNDS
Unreslricled lunds
TOTAL FUNDS
129289
215171
129,289
129.289
21,5171
21 5171
The charitable company is entilled to exemption from audit under Section 477 of Ihe Companies Act 21J)6 for the year
ended 31 March 2024.
The members have not required the company lo obtain an audr( of rts financial stslements for the year ended 31 March
2024 in a(xordance v4ith Section 476 of the Companies Act 2(K)6.
The Injslees acknowledge their responsibilities
{al
ensuring that the charitable company keeps accounting rewrds thal cornply with Section5 366 and 387 of the
Companies Acl 2006 and
prepJing financial slalemenls which give a ttue and faiT view of the state of affairs of the charitable company as
at the end of each finanaal year and of its SLrplus or defictt for each financial year in accordance wilh the
requirements of Secli(Ms 394 and 395 and which otherwse comply wth the requirements Df the Companies Act
2006 relating to financial stslements, so far as applicable lo the ch3ritsble Company.
{bl
Thesg financial statements have been prepared In accordance with the provisM￿S applicable to charitable companies
subject lo the small companies regime.
The financial statements were approved by the Board ol Trustees and authorised for issue on 2a December 2024 and
were signed on its behalf by.
A Lee - Trustee
The notes on page O fomi part of Ihese fin￿Gla1 statements
Page 6

The Oli Hilsdon Foundation
Cash Flow Ststement
for the Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operating xtivities
Cash gen8ral&d from op8rations
Nel cash (used inllprovided by operaling activit￿$
437.826
437.826
111,406
111.406
Change in cash and cash ewivalents
in the reporting period
Cash and cash equivalents al the
beginning of the reporting period
Ca$h and cash equivalenls al the end
of the reporting period
{437.826}
111,406
567,115
455,709
129,289
567,115
The notes on page O fomi part of Ihese fin￿Gla1 statements
Page 7

The Oli Hilsdon Foundation
Notes lo the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basls of preparlng the finan¢lal statements
The financial statements of the charitable company. which is a Fub1￿ benefit enlily under FRS 102. have been
prep￿ed in accordance thè Charits"es SORP IFRS 1021'ACC(￿ntlng and R8POrting by Chariti8s'. Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance with Ihe Financial
Reporting Standard applicable in the UK and Re?uNic of Ireland IFRS 1021 leffectwe 1 January 20191,. Financial
Reporting Standard 102 'The Financial Reporting Standard applic2ble in the UK and Republic of Ireland, and the
Cornpanies Act 2006. The finanaal statements have beer prepar￿1 under the historical cost convenb'on.
Incorne
All income is recognised in the Statement of Finanual Activits"es once the charity has enliuefftenl lo the funds. il is
prob&le that the iricome will be received and the amount can be measured reliably.
Expenditur•
Liabiltties are reCL￿NiSed as expenditure as soon a5 there is a legal or consttuctive obligation cownmitting the
charity to that expenditure. il is probable that a transfer oleconomic benefits will be required in settlement and the
amount of the obligation can be measured reliabty. Expenditure is accounted for on an accruals basis and has
been classified under headings that ag Jregale all cosl relaled to Ihe category. Where costs Cannot be directly
attributed to particular headings they have been allocated to aclivtknes on a basis consistent wilh the use of
resources.
Gran15 offered subject to cOnd￿0￿S which have not been met at ￿ year end dale are noted as a commitment but
not a¢cnJed as expendrfcure.
Taxation
The charily is exempt from (x)rpordlion tax on its charitable activities.
Fund a¢¢ounting
Unrestricted funds Can be used in accordance the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purtK)ses within the objects of the charity. Restrictions
arise when specified by the dorrjr or when fijnds are raised for particular restricted purposes.
Further explanakn'on of Ihe nature and purpose of each fund is induded in the noles lo the financial slalements.
DONATIONS AND LEGACIES
2024
2023
Donations
155060
Page 8
continued...

The Oli Hilsdon Foundation
Notes to the Financial Ststements- continued
for the Year Ended 31 March 2024
OTHER TRADING ACTIVITIES
2024
2023
Dispasal of stock
1.100
RAISING FUNDS
Raising donations and legacies
2024
2023
Sundries
Purchases
Cost of fundraising evwts
Computer
Subssripb'ons
3.132
13
112
395
66,451
1,052
50
1.059
50
Other tradlng actlvltles
2024
2023
Opening stock
1.100
Aggregale amounts
69,160
The CL)St of lundraising events expenses were paid for in lull by a ￿ngle Cofwrate sponsor
GRANTS PAYABLE
2024
2023
Charitable
591440
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 Marth 2024 nor for the year ended
31 March 2023.
Trustees. e￿nSeS
There were no truslee5' expenses paid for the year ended 31 March 2024 nor the year ended 31 March 2023.
Page 9
continued...

The Oli Hilsdon Foundation
Notes to the Financial Ststements- continued
for the Year Ended 31 March 2024
COMPARATNES FOR THE STATEMENT OF FINANCIAL ACTivmES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donal¥Jfjs and legacies
579,144
Other Irading a¢tiwb"es
Total
580,244
EXPENDITURE ON
Raising funds
69,160
Charitable activities
Charitable
Total
591,440
660,600
NET NCOMEIIEXPENDITURE)
180,3561
RECONCILIATION OF FUNDS
Total funds brought forward
58,839
TOTAL FUNDS CARRIED FORWARD
21,5171
CREDITORS: AMouKfs FALLING DUE wrrH14 ONE YEAR
2024
2023
Trade creditors
588 632
MOVEMENT IN FUNDS
Net
movement
in funds
At
3113124
At 114123
Unrestrlcted funds
Geneol fund
121.5171
I￿.806
129,289
TOTAL FUNDS
21.517
150.806
129289
Page 10
continued...

The Oli Hilsdon Foundation
Notes to the Financial Ststements- continued
for the Year Ended 31 March 2024
MOVEMENT IN FUNDS- continued
Nel movement in funds. induded in the atrme a￿ as follws:
Incoming
resources
Resources
expended
Mov8m8nt
in fund5
Unrestricted funds
General fund
155.060
14,2541
150.806
TOTAL FUNDS
155.060
150806
Comparatives for movernent in funds
Net
movement
in funds
At
3113123
At 114122
Unrestrfct8d fund$
General fund
58.839
(80,356}
121,5171
TOTAL FUNDS
58.839
21.5171
Cornparative nel movement in funds. inclu(Jed in the above are as follws..
Incoming
resou￿5
Resources
expended
Movement
in funds
Unrestricted funds
General fund
580.244
1660.600}
180,3561
TOTAL FUNDS
580.244
660.600}
80 3561
A current year 12 months and ￿or year 12 months combined position is as follows:
N8t
movement
in funds
At
3113124
At 114122
Unrestricted funds
General fund
58.839
70,450
129,289
TOTAL FUNDS
58.839
70.450
129289
Page 11
continued...

The Oli Hilsdon Foundation
Notes to the Financial Ststements- continued
for the Year Ended 31 March 2024
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined nel movewent in funds, included in the above are
as follows=
I￿¢￿MIng
resources
Resource5
expended
Movement
in funds
Unrestricted fund$
Geneol fund
735.304
{664,854}
70.450
TOTAL FUNDS
735.304
70,450
10.
RELATED PARTY DISCLOSURES
Th8re were no relat8d paty transactions for the year ended 31 March 2024.
11.
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net incomellexpenditure} for the rewting period {as p•r th•
Statement of Financial Activities)
Adjustment5 for..
Decrease in stocks
Decrease in deblors
(Decreasellincrease in creditors
Net cash {used Inllprovlded by operallons
150.806
180.3561
1,100
27,414
163,248
111406
588,6321
437,8261
12.
ANALYSIS OF CHANGES IN NET FUNDS
Al 114123
Cash flow
Al 3113124
Net Gash
Cash at bank
567.115
567,115
567.115
437,826)
437.8261
437 826}
129,289
129,289
129289
Total
Page 12
continued...

The Oli Hilsdon Foundation
Notes to the Financial Ststements- continued
for the Year Ended 31 March 2024
13.
PRIOR pE￿0D EXPENSES
In the year sundry expenses lolalling £2,808 were recorded that related lo the previous period. This is not
deem￿ material and therefore the comparalive fKJures have not teen restated
Page13

This document was delivered using electronic communications and authenticated in
accordance with the registrar's rules relating to electronic forni, authentication and
manner of delivery under section 1072 of the Companies Act 2006.