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2023-03-31-accounts

FARINGDON UNITED CHARITY C.I.O ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FARINGDON UNtrED CHARrrY c.i.o LEGAL AND ADMINISTRATIVE INFORMATION D Keelng IChamwi} B Barber K Bendey R Corfield E Jarnwi {ApFwJnted 17 Novemb8r 2022} IAppcanW 17 November 2022) {Ap[t•)￿ 16 Novèmber 2YJ23) PPLxnted 16 Novemt*r 20231 IApw¥nt&l 16 November 2023} IApwnted 16 Novemb 2023) J FaFmer AF￿￿ SHyk Rav M Juke5 Charity nurnber 1186581 Princlpal addrgss BuntirvJ & Co House Voiunleer Way Oxfordshi SN7 7YR Audltor Surte l. Wtfidn￿ Court Abil￿￿ B￿ne&S Park Abirwjdc Oxtordslu OX14 1SY

FARINGDON UNITED CHARITY C.I.O CONTENTS Notes to l￿financIal statem 10-17

FARINGDON UNITED CHARITY C.I.O TRUSTEES. REPORT FOR THE YEAR ENDED 31 AIARCH 2023 nancial slatements 8nd compty wrth the d￿rity$ g0very￿ng the Charities Act 2011 arWJ"A(x￿UntirQ a¢YJ Reporting by Charites.. Statement of Re[￿n￿nded PraLtrx 8Oirable to (oriti8s weparirg their accounts in a¢¢ordance with the Financi￿ Reporb"ng Stand8rd applicatle in the UK and Reput￿￿ of Irdand IFRS 1021. (effeciive 1 J8nuary 20191 ObJe¢tl¥Ys and activilles The purpose of the Chanty is to make grants kn 8ssisI tIKJ5e n fieed ￿ resKle tn Ihe arèa of b8n8fit whth is the PaF55hes of G￿t Faringdon. Liljlewoth and Lrttt8 COX￿ and adiacenl parishes. Tr Charity rnay aL￿ make 9rants to ass4St with 8dUCat￿ of tw and gwls or conxnuThty prr4eds benèfit thoEe in need. charity shoukj undertake. The Chartty has sought to improve the phy5ir21 aThY mental ￿tel[¥a (sfiiw vthin of benefft ty prowding for indiwd￿l needs and SUPFKJrbTrJ (xuani5ations in the area with ￿ke minded crt)iecves. Widar wciety has benefitted from an irnproved supwrt structure to those in nJ as a resuh of the grants tr58t the charity has prowd8d. DurirKJ year 8fKl8d 31 Marth 20TJ £57.118 wds pa•J ¢xrt in grants with ts Iwgest grnnt to any on8 organisalKJn or indiwdual being £19.451 to pay for a family suwtxt w(thr al The Flx. (Xtr￿ organisal)ns helped iFMJuded Farfng¢Jon L8amiry Trus( Oxfoffjshire Play AsscKialTh for Farin￿>n YrArth aLrtJ. COGS 8t the Pump Housa, F8Fv￿d￿ Fc¥)IbaM Cbjb and Far¥￿(￿ Rugby Ch￿. The tnstses have had r89ard to the Charity ComMB￿￿¥ guhtsre on pUtrf￿ bBll8fft in man&JiThJ the actiwti&% of the chaity. Financlal revlgw It is the policy of the (thrity that unrestsicaed ftTh¥Js have Th)t teen dèsignated ts a speak usè shoukl be maintair￿d at 8 lgvel to o)ver strK)rt to rrwbum tem Whi￿ rThaxmising lthe rètums ￿ invesbiwts. The trustees c4)nsideT that reserves at this eEwr8 thaL in the everrt of a signthcant dfop in funding, th8y will be e to c(Krtinue the charity's curTent acbvibes Whi￿ Considerati￿ is gNen to ways in whith 8(klitional funds may be R•s8r¥85 polivi It is the policy of the Charity Ihat Um8StriC￿ fttThYs ¥•￿h have not desyTrabJ lor a use should b maintai￿￿ at a to o)ver skM)rt to medi￿￿ term exrThJth max1n1￿ng Ihe le￿wnS iffi I￿￿51m&nES. The Trustees c￿s￿ler that resèrvas 8t levd ensure tha( in the event (rfa sKJnffi(xnt drop in ￿nding. they will be able b) Continue th8 Charity's ￿rrefit aL*¥I￿ while Ix)nsxlerab¢￿ 15 gN8n to Ways in whkh additK¥)al tunds may be raised. Struthr•J governance maTrag8fflent 2019.

FARINGDON UNrrED CHARITY C.I.O TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 D KeeJiThJ IChrman} B Bart)or D Mackay K Benl18y R Corfi81d Cllr S Srnith E Jarman G Webb D Wils CcA8rnan J Farrr A Finn S Hy1a￿l Rev M Jukes (Res¥Jwl 16 20231 (ResiJn&J 4 May 2tr23) (Apwnted 17 Novemter 2022) {Ap￿￿Trted 17 Novemter 2022 and reSig￿d 20Apll 2023) IApFKnted 17 NOveM￿r 2022) (Ap￿nted 16 November 2023) (Apwnted 16 November 2023) (AprKAnted 16 NO￿ts ￿23) (A4)pcMrted 16 Novernber 2023) Novernber2019. The TnJstee¥ rwrt 8ptmo￿l by the Brerd 0fTn￿. D K¢81ir¥J IChawm*t)

FARINGDON UNITED CHARITY C.I.O STATEMENT OF TRUSTEES. RESPONSIBILttlES FOR THE YEAR ENDED 31 AIARCH 2023 appli(xble law and UTht8d KiwJL¥n sta￿￿$ Iuniba KTrJlrAn Gen8raWy ALowntirffJ praC￿e). The Law applicable to daritses in England and Wa￿$ requi￿ the truste&8 to wep8r• finanixa statements for each finanry81 year which give 8 true and fair Mew of the state of affairs of the chty and of Ihe Ir•?￿lng rwurces and arvlicabon ol ￿oUr(￿S of the thanty Itot year. - observe the mèthc•Js arwj prtKirA8s in th8 Charthe5 SORP. wil continu8 in oper8ti0n. The Iruste8s a￿ r8sponsibl8 fL keewng wffKient accrwnlirBJ Tel￿$ Ihat disdos8 vrith reasonable ac￿racY at any time financial po%1#￿ of the charity ar￿ enaN8 them to ￿￿re that the finanixal statemènts ry)mtly with the Charitses Act 2011, tt Charity IArrnunts and ReKxytsl ReguLqtiC￿s 2008 and the Fyovisions of the trust dJ. Try a￿ also responsitAe thgu8rding th8 assets of the thaTity aThJ for takivJ reasonat48 Steps ft)r the èvention ar¥J detth of tra￿￿ aNI irrwaularilies.

FARINGDON UNrrED CHARITY C.I.O INDEPENDENT AUDrroR% REPORT TO THE TRUSTEES OF FARINGDON UNITED CHARITY C.I.O Opfnlon We have a¢JJited the financi￿ statements of F8riThJdon United Charrty C.l.O (tr￿ 'rt￿rty'1 for the year e￿1￿1 31 financial ststements, indtKling svJnTficant acc(yJntw¥J ￿lueS. finan(aal rèwb.ry frarrew)rk that has been applied in their prep￿841￿ ts applica￿& law and Unrted A(xx)unb"ng SlandartSs, indudirwJ Finan¢NIl Reporting Stèndard 102 The Finan¢BI Rewth"ng St8nd8￿ 8pplKaNe UK and R8pubkc of Ireland (United Kingdom GeneraUyAwted Ac(x>unting Price}. In ouropin¥)n, lh8 financi￿ statem￿ts". giv8 a Iwu8 and Mew of tho stato of ths affair5 as at 31 Marth 2023 arKI of if5 inc￿1￿g res￿ree5 and ap￿iCati￿ of rÈsour(%s, forts year a¥JtyJ., h8V8 been PTcyeity PWEp8f8d in a(t•)rth￿ with Unrted ACCp￿1 A{￿￿ting Pra(al￿. and Basis for oplnlon W8 ￿1nducted our a￿111 ￿ arxx)rdanr£ Irrfemati￿l Stsndarrts ￿ AucfiDTrJ (UK) IISA8 {UK)l applicabte the fyia￿l81 slalements se(Xion of o(w ￿pOrL We are in¢Jep8ndent of the thanty in ￿x¥jrd￿n￿ ￿ the th.cal fgqu1ro￿ntS that are relevant iu Lwr audit of the finanoal SkIerr￿Ets in the UK. inejuding the FRC'S Ettmcal standard. and we hav8 fu1fi118d our other ethical responsibilrbè5 8(xc￿￿nce wth roquir8rn8nts. We b81ieve that the audit evKlence we have cthined is sJff#xrrtaThY apprwiate to FKDvNJe a basis for our opin￿. Concluslons I￿￿9 to golng wncem In auditing the firianii81 strt8merts. we habt Ihat the TfUStees' ttse crf goirvJ cr￿n basis of Based on work we have perfomd. we have rK)t Klentified any Materi￿ uncert8inti8s relaling to events or condil'orE thaL individually or colectivety. may cast svJnificant (km[￿ on Ihe than￿$ ablty to continue as 8 going ncem lora p8iK¥J of81 least mcth from wh8n the financAal statemgrTrts arè aUlhori￿1 for rswe. Our responsibilities and the r85rAKksTrbdrfies of the Injslees resFe( tr) cmxn am descri￿ in the relgvant $8Lons of Ihis r8F¥)rL Oth•r InfO￿atIOn The other inf(xmation conwiises Info￿0￿ induded in Ihe annual reF¥)rt other than Ihe financral statements and our auditorfs re[￿ thereon. Th2 t￿￿tee$ are re$F¥)ns￿e the olher informalH)n ¢>)ntained vrithin ihe annu31 rep(rt t￿r opinion on the finanrAal statements th)es noi a)V8r Ih8 olher inf(rnb"cffi and do not exwess any fomi of assurance (x>ndusKJn themn. Our reswnsitxlty is to re&J the other infL¥mation 8nd, in d￿n9 so, con&der whether the other In[￿￿311￿￿ is Mat￿laIY in(£￿Si￿1 wilh lh8 finan(xal ststements or our kno￿ge obt8in•Y in the coutsè of the audrt, or othernisè to t rnaleri&ty mtsststed. If we Klerlty suth Mat￿lat incons￿ten￿s or apparent rnat8rial misststements. ￿ a￿ requirad to d818rmin8 wtslher this gNes iise to a malerial mr6$tate￿nt in the finanrlal slatements themselves. V. bas&J on the wcxk VR have rkned. we ￿ndUde Ihat th8r8 15 a mateiial nNsSIat8rne￿ Of1h￿ otsr infom￿, w8 arg to retxt that Wg have noth#vJ io in ttms re9ad.

FARINGDON UNITED CHARrrY c.i.o INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE TRUSTEES OF FARINGDON UNrrED CHARrrY c.i.o Rwrtsl Regulations 2(K)8 requi￿ us to ￿K￿Yt to you rf. fft our opinK)n.' the inf0m￿tion grven in the firon(a81 State￿￿ts is in(xffisirbt any m8teTial resp￿1 the Tru5tees' report or Ihe fift8ncfjal stal8rn￿ts are notin ￿rea￿ent￿th the acxxjuntirg r8LYxds; or Other matt•r R•swslbllltles of trustws As explained more fuly in slaterrth of TnJste8s' res￿￿￿b￿l&s. Ihe Irustee5 aR [￿￿&bI8 fL¥ the prepa￿tt)n of the finarmial slwll8nls army for trRirwJ satisfied Ihat they grrfe a tnje and laK wiew, ar￿ for SL internal contrd as ￿ tnjstees deternine B neceswy to enable the ptepar3tion Of￿an¢￿ statements that are freè from material misstatement, whether due to fraud or effor. In wep8riro the finanaal ststements, the Injstees are resry)nsibbe for assessing Ihe tha￿LIS atitlÉty to o)ntinue as a going rx>ncem. disdosng. as applic8tAÈ. matt8 related to gLxng con¢em usiw the gotng 0)r*￿ basis of &oymling the tnJst86s thr intsnd to cease

FARINGDON UNITED CHARrrY c.i.o INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE TRUSTEES OF FARINGDON UNrrED CHARITY C.I.O Act relevant regulats.ons made or ha￿Tha eff￿ thereunder. Our objectives a￿ to obtain reasonable a&wrdrtt N>rt thlher the slatements as a whole afe free from matwial rTNsslatement. thether due lo frwd c error. aThY b) i4gJe an auditor's r$￿)rt tI￿t iniludes our opini￿. Reasonable ass￿ra￿e is a h¥Jh levd of a&Surdn￿. tmrt is not a gtwanlee that an audit c(mducted in ac<x)rdancè wtth ISAS IUKI 8h¥ays delect a Misstate￿ Wh￿ it axists. Mi%sts18rn8nts I￿n arise expect￿ to the Konomic deusions of users laken on the basis of these financial state￿nts. IrregularitEs, Ind￿JIng frdLwJ, are instances of rK)n<x￿pla￿ wrth laws and regulations. We design pioc8dur8s in line wtth our responsibilities. ou#ined above. to detect matenal mi&%t8tements in re¥)ert of irregukqrities. induding rregularlties. i￿audIng fraud 1$ d8ted behy•4'. . the natyte of the charity and sect(¥, corttrol envIr￿[T￿t arKI 0￿rdting perfr)nnanr.' . the chartty's own a&$8ssm8nL ￿1￿ling assessTr￿ts made by key man￿ment, of the risks that irregularities may oc(yJF etther a5 a r8gJtt of frdud or error. . any matters we id￿lified having reviewed the chantys pc4K4es aThJ w£t￿lureS rn18bThJ to.. . klentrfyirg. evaluating and o)mKlying vrith la￿ aThl regulatKJn5 and Ilw w8re awar8 ofany instan(xs of non-tXxn￿k￿n1%.' . det￿ting and responthrg to the risks of fraud and have knxM18dg8 of any . the intemal wntrots establiSh￿j to miogate risks offrdLJ or wth Lqw5 and regula1￿$." organisation for fraud and KIentifi￿ Ihe greatest FX)kntial fra￿j in the eas in whth rnanagement is f8quir8d to exercise Signth￿llt judgernent. suth a5 Ihe ¢thsclosuw8 of adju5tirwJ tlerr& In wth all audits under ISAS W8 algJ obt8in8d an understaThYiThJ of the legal and regu￿t￿ framework that the charty OP8tat85 ￿, f{xusi￿ o Provisions of those laws and ￿ul3110￿$ that had a dir8(X eltert ￿ the dEmuJation of material amounts and d15dosur8S Fn th8 statements. The key laws and ￿VIal￿)n$ we Con￿de￿￿ in this ￿￿t￿xt W8￿ the Mpan￿SA¢l charrt￿￿t and tax kgislalTh. Bèixuse of th8 inherent limitstior6 of an audL thwe is a rtsk ItLat rv)t detect ai wregulaiibes. induding those leading lo a mthal misststement in the finarxial Statern￿ts or n￿-r￿m[li8r￿ with regulathon. This iisk h)cre8ses the Tn￿ Ihat (w￿ran￿ wih a law or regu￿￿ is Terr￿￿ from Ihe events and transactions relle(*e(I 8Lso greater regarth'ng Irwulanties th))JrrirKJ to fraud ratrw Ilwi 8Th)r. 85 fr8ud inlentKmal cOn￿a1[TIenl forgery. LX)llu&on. 0￿U￿lc￿ or rnisr8presenlation. AAv.frc.org.uklauditorsresp)nsibilÉbes. Thi5 descripts"￿ fEYm5 part ofLwr auji￿S r8PK

FARINGDON UNITED CHARrrY c.i.o INDEPENDEKf AUDrroR'S REPORT ICONTINUED) TO THE TRUSTEES OF FARINGDON UNITED CHARITY C.I.O Use olour report This report 1$ rnade sclety to the itsity's Injstees, 8s a bcty. in ￿￿ordar￿a T￿th part 4 01 thè Charitt85 IA¢cwnts and ReFK)¥tsl Regulation5 2CM18. Our audit w)rk has been undertaken so Ihat ￿ might state to the charity5 trustees those matters w8 are reqvir8d to state to them in an ￿Jdito¢S retxjrt aThJ for IK) other purw. To th8 kAlest extent pemifft8d by law, we do awpt ￿ a$sUff￿ reSp(￿Sibl￿ty to anyone other th8n the charity aThJ the (tsrity's trustees as a bcdy, for our audit work, forthis rer#)rt. or for the wnions We have fixm&Y. L£ UHY Rpss Brooke ..3..11.0.1114..... Statutory Audltor &Jite I, Windwsh Court Abing(kn 8Ltsirw Park AbiTrg(kn OX14 1SY UHY Ross Brooke is eligible for apFOintrnent as auditor of ts (harity by 74¥￿8 of its elb31b￿Èty for awjoinlment & ¢*tor ofa company under 1212 ofthe Cclnpanies Ad 2(M)6.

FARINGDON UNITED CHARITY C.I.O STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 IAARCH 2023 fun¢ts 20r3 2022 Inc Donations 8ThJ leg8CieS Investments Oth& income 265.116 265.116 131.333 281,815 131.333 6.393.600 6.111.7&5 Total incomo and Èndowmonts 267.016 267.016 414.737 6.111.785 6526.522 dlture on: Charitable actNAi85 119.874 119.874 44.1rJ 44.123 N8t gainsllbss8s} on investm8nls 11 (484,026) 1464.026} 1107,7161 (107.7161 N•t movwnortt In fund 147.142 1464.1r26) {316.884} 370.614 6.{N.(￿ 6.374,683 Fund balan￿5 at 1 2022 370.614 6.004.W 6.374,6B3 Fund balances at 31 March 2QZJ 51T,756 5.540.043 6.05T.T99 370.614 6.004.(9 6.374.683 The statement offfinancial a¢￿￿e5 inckKles all gairo grKI k)s6es lh& year. In￿Me and ex￿ndthre derNe from ia)ntirKaK¥J ayjth.

FARINGDON UNITED cHAR￿y C.I.O STATEMENT OF FINANCIAL posmoN AS A T31 AIARCH 2023 2022 Flxed assets Tangible assets Investments 14 15 1.041 5.707256 1.388 6.079.105 5.708297 6.(180,493 Debtors Investrnents Cash at aThJ in h8rn1 16 17 18.712 229.549 52.169 295.186 44.173 361.442 rgditovs: afflounts falllng duo with one year (11.940) 16240) Net uTrnt assats 349.502 294.1￿1 Totsl ￿sets Jo55 current Ilablllti•s 6.1]57.793 8,374.683 Capital funds EndownEnt fiJnds- g8n8ral 19 S.540.043 6,004.L%9 Unresthcted bjnds S17.756 370.614 6.057.799 6,374.683 D KeeliThJ Ichawman) Trustee

FARINGDON UNITED CHARttY C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Charity in10m￿on Faringdon unrt￿ Charity C.l.O is a chaiitat4e (￿niS8￿c￿ r9gi%tered with tha Charili8S Comnwssion fc En￿d and Ws on 26 ￿[tr2019. t.1 Ateountin9 conve Th8 financaal slatemenls have teen prep3[￿j in ara￿dan￿ wnh th& doitys tgovemitvJ dO(￿rI￿tI. the Ch8r¥beS Act 2011, FRS 1tr2 Tr Finan(ial Repthj Slarmlard apphcat4e in the UK and RewJbb¢ of IrelaTh "FRS 102.1 and the Chartbes SORP "Actounting armt Rep)rfirvJ by tha{￿es.. Statement of RecommerK18d PT8Ctice applicabl8 to chaTibe5 preparing Iheii accounts in a(xx)ttsnce ￿th Ihe FinancAal Rewtng Standat applKable in the UK and Re￿bI￿ of Ir81a)J IFRS 1021. 1 January 2019). The tharity Is a Public B8¥fft Entity as d&fined by FRS 1W2. The finanaal aiemènts have from thè IAcLx¥Jnts arkl Rewrtsl Regulakns 2008 On￿ to extent Fequired to provKle a tnje fail vlew. This departtJt8 has folk)ving the Statement of R8Jni88d on we￿pL Other donalbjns are rwDJniwJ the charity has been noli of th8 dL¥)alion. Unl￿ perfr￿n￿ coThJrbons wuye d8f8￿8[ of the a[ll￿nl Inrx)me reu)verdble in Legacies are re(x)gnised on raC￿Pt CK othèMse rf lh8 dArrty has tEen notified of an Im￿nding distribulton, Ihe arTK)unt rs known. arwj ￿lpt r6 exFeclwJ. 11 the ar￿)Unt is kwAn, is tr8at8d as a ¢ontingent asseL 10-

FARINGDON UNITED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 lcontin￿lI 1.5 Expenditure Expendittjre is 0￿e is a o)nstrth oblgats￿ to transtsr e(£￿IC bènefrt lo a third party. rft is prrknable that a Iransfer of e(x)rWjn￿ b￿8fits be wir&J in setdeNnL arKI the ar￿lUnt of Ihe Obligati￿ can be m8aSU￿j reibty. Exp￿di￿￿ k da59fied by acbvity. The rnsts of we up of th8 to1￿ of dirod cosls aNI shared ¢x)sts. induding support o)sts Invo￿ in ￿d8[￿4￿"n9 each (¥¥ atiribuktrAe to a SI￿ actiw are alloca18d directy to that activity. Shath costs which (￿tilbU￿ to more than one actsvity and support costs whith are not attributab￿ to a singl8 actiwty ar8 8pFM)thned bel%en those actiwbe5 on a basis (x)nsi5tent wrth ts use of res1xjr￿. C8ntrdl staff Ixjsb are dkKated on th8 of time spent. and d&preckabon tharges are alocated on the porbon of Ihè asseys use. 1.6 Tanglble flxed assots Tangible fixed 8S5et5 are inthaty m&wred at (16t rrawJweLI * valuK)n, net of D8precial)n is tecognised $0 35 to Ttie off the ryjst or ¥8￿￿t￿ ofassets knss resk1ual vdu85 over their aThJ the Carrying fdlue of the asseL and is reujgnised in th8 ststement offinancaal acbvityes. 1.7 Fixed ass￿ inTTr5tments sub5equenty measured al fair value at eath retmYtir￿ date. ChwJes in fa are rec£Jrri58(1 in 1.8 knpaimient offfixed assets whether there is any indication Ihat thc6e assets have suffered an Mnpaimient ths. If any suth snd4cat¥Jn eX15ts, the reryjverabie awK)unt of the asset is eSlIrnat￿ in ord8r lo determine the 8xlent of lh8 ￿￿Palment Icw lif 8nyl. 1.9 Cash and cash equlval8nts Cash and Cash equivalents indude cash in h￿d. de￿￿11$ hekl 8t tsll banks. other short4errn liquid investrTEnts wih ￿ginal malurilies of ￿￿￿thS or less, and bank overdtsts. Bar overdrafts ale shown thin tJrrowings in ￿rre[El liatAbbe5. 1.10 Flnancial in51nwnts The charity has e18Lt811 to arpty the provi5¥Ms of S8Ctw)n 11 'Basic Financial Inslrnrnerts. and Sedon 12 'Other Finan￿81 InthJm8nts Issu8s' of FRS 102 to all CA 4Ls financial 1￿Ment& Finanaal inytruments ar8 recognised wi the dwrtrfs balarte slet vAn thg dArity becA)mes party to the contractua oftr* ￿trum￿lL Flnancaal assets arKI Ikabdths 8re offseL T￿tr) Ihe ret 8Trwnts in the ￿anC￿al stAtemerts, there is a legaly enf(￿2￿bIE rwJht off the thern is an xthntm to seth on a net bags or to ieali$8 the assel and 5etlle the 1th1￿ty Sim￿lane￿￿ty. 11

FARINGDON UNITED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Basic financial assets Bas￿ fina￿￿￿1 assets. whlch iThA￿Je debtors and cth 8r¥J bank bthrKe& a￿ intbaiy m885ured 8t transactv)n pri￿ induding transaLa1(￿ ¢osts and are subwuenty (Xr1￿ at anKMtsed cost using the effective tnterest methDJ unless the a￿dr￿n￿l trdnxI￿. vther8 the tran5acbon is rneasur&J at the presÈnt value of the futule rec£ipts disixNJnted at 8 mt r of Financial assets Basic financial Ilathlities Basic financial liabilsbes. IrKIt￿l￿ (¥editors and a￿ inibauy rewniwj at transacaiM price unless the arrangement consb"tut85 a finanong transactN)n. wh￿e th8 d¢bl instrunwt 15 T¥leasur￿j al th8 wesent value of the futu￿ pay￿￿nts discoun￿ at a r￿rket rate of inlerest liabilib88 classified as payaL4e wrthN one year ar8 not arnort1￿. TTrd8 cr&Yitor5 are Obligai￿S to pay fcf g(Kts or Se￿￿ that have LEen acxwitJ in the ordinary ca)urs8 of operntions Ir(￿ suppliefs. Arn(4Jnts payable are dasthj as CAJrrent Ikgbiltbes rf payment is due within one year or less. If not. they arE pT85errt￿ a5 non-CUff8nt fiabilrfitts. Trade ¢reditor5 are recogniwj inilialty at aF￿el￿d. 1.11 Employee ￿n4fft$ The cost of any unU￿j hOl￿aY a)tlUw￿l is recryn1￿] in which the emrdoyee's swvtss are cr1t1￿1 ¥xouThting eStin￿ and ludg¢rnents In the applI￿tiOn ol the d￿rrtIS ￿￿￿jntsng wlK#es. the In￿e$ are wuiryt to make judsEments. estimate5 nrj assumptions aL￿Lrt Ihe carrying anount ￿ assets and IN?￿￿"eS Ih81 ale not readity apparent from other sour￿. The esbmates aThJ a￿￿ated asgJmpkn are based cfft histori(4 and oth& farofS that The Èstimates and uThlerlyir¥J assumption5 are on an rryirwJ ba*"s. RevtsN)ns ty ￿QUnIlng estimates are re¢(%Jnwl in th8 periryl in whth Ihe estimate is r8vised where the revision affeGts onty that pellod, or in the parw)d of lh8 revision and fulure per￿$ W￿[¢ the rewsKJn affacts bcth cjjrrent and luiure lunds 2023 th)rtalK￿ and giRs -12-

FARINGDON UNITED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The charity does mt c￿1 sW￿lficant fu)drydising acthi11g& 2023 2022 RBnt81 iFxxNne Income frr￿ list￿ investr￿1ts Royally ÈncA)rre Interest rer£￿￿tIe 6.056 196.324 62.681 4287 78,207 265,116 131.333 funds g•n•rdl 2022 2022 2022 281,815 6,111.785 8,393.eA)O On 30 Septemter 2021, Farir¥J(kn Uniby Charity I￿$[￿ assets and liabfj15 to the d￿rIty in ordor to o)ntinue its charitable activity. 2022 De￿￿18t￿ ￿ irypaim)&nt 347 Granl fU￿1￿¥J of arvths (see note 8) 14,219 Shère of supwKt (see rv)t• 91 Sh8re of goveman¢e costs {see rtote 91 &3.201 29.124 119.874 44.123 -13-

FARINGDON UNITED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 Grants payalJl• 2023 2022 Grants to instrttjli￿￿ Brornsgrove Day Centre Thè Place Fariwudon Churthes FariTh)Jon LeamiThJ Twst Ydkw Submarin8 Enrych Maymessy Farityjon Ch Homestsrt OxFordshire playA￿ck9t1 The Pump House Prop 19.451 2.916 750 1.0(M) 3.OCM) 1.825 1.000 2.210 Grants Io RisbbJbon5 Grants to iThJivvJuals 48,091 9.247 10.710 57.338 14.219 Support COg¢s Clerks wuneralwjn 812 812 1.3S8 1285 216 Insur8rre Legal f88$ W8bsit8lrocxn ￿re 0th8r professional fees Inv8Strnent rnanagement 1.161 1.161 1285 216 27 27 1.5 510 38,510 21.273 21.273 Audit fee Actountswfees 780 53201 62.189 29,124 780 29,904 10 Tn￿ta•S tharity durirg Ihe year. -14-

FARINGDON UNITED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 11 En4)kny•o t2 Nèt oaln51llossesl on iDv•stn¥ funds neral funds r￿al 2022 2023 {464.0261 1107.7161 13 Taxation Th8 charity is exempt from tax on ga￿ wthin sedKJn 505 rrfthe Taxes Act 1988 C￿ ￿tion 14 Tanga)l• Ilx•d ass8ts ComputsF8 Cost At l 2022 At 31 M8rch 20YJ Depreciation and impaim*nt Depreciati￿ Charged in th8 year 347 At 31 March 2023 347 Carrying amount At 31 March 20Td 1.041 At 31 March 2022 1.388 15-

FARINGDON UNITED CHARrtY c.i.o NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Listed investments Cost or ¥ahlion At 1 Aprl 2022 6,079.105 1278,615 {464.0261 11.186.438} V8lUati￿ char Dismf8 At 31 IA8r( 2023 5.707,256 At 31 M8rch 2023 5.707.258 At 31 2022 6,079.105 16 Debtors Trade (tbttxs 18.712 17 Cunnt ass¢t Investm sted investments 295.186 229.549 18 Cr8dltlK5: amow)ts lalllry du• w6thin one ye 2023 2022 11,940 6.240 -16-

FARINGDON UNrrED CHARITY C.I.O NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 W4RCH 2023 19 End0￿￿￿ndS end[F￿nt frJThls can be usejj in accC*￿a￿e otie(Xs of the d￿rIty and is as un￿Stricted .111.785 1107.716) 6.[￿.(￿9 {464.(Y261 5.540.043 6.111.7&5 1107.716) 6.(￿.069 1464.0261 5,540.043 20 Anatysls of net ass•ts b•tW•on fund8 Total Unrestrfct•d Endowm• fund5 lunds 2022 Total lund$ 2023 2023 2022 Fund baLms at 31 March 2023 a presented by: TarrfJibte assets Investments Current assetslll5abih￿5) 1.041 167,213 5.540.043 349,￿2 1.041 5.707256 349.￿)2 1.388 1,388 75.036 6.(￿m.069 8,079.105 294.19) 294.1 517.756 5.540.Lh13 6,057,799 370.614 6.1)04.069 6.374,fj83 Related party Iran5actions 17-