Charlty rggl$tratlon number 1190682
THE OPPIDAN FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE OPPIDAN FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
Mr Wafter Kerr
Mr Henry Faber
Mr JoshuaAdeyèml
Mrs Mati8lla Ardron
Mr DanielAfolabi
(Appointed 14 FebTuary
20241
(Appointéd 10 Juty 2024)
MissAnna Boden
Charlty nurnber
1190682
Company number
CE022741
Registèréd offlce
20 SL James Street
Lond
9RW
Independènt examln¢r
Trevor Clarke
43 Station Ro
Kent
UK
BR4 OPY
Bankers
Metrob8nk
One Southampton Row
London
EC1B SHA

THE OPPIDAN FOUNDATION
CONTENTS
Page
Trust88s' report
Independent examinerfs report
Statement of fina￿181 ￿kn￿ties
Balance sheet
Notes lo the financial statements
8-13

THE OPPIDAN FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annud repjrt and finonoal statemÈnts forthe year endad 31 December 2023.
The financial statements have been p￿pared in accordants with the acc4)unting policies set out in nol& 1 to the
financial stal8m8nls and the Chari￿$ goveming document, the CharrtiesAct 2011 and'Accounting and
Reporting by Charities.. Slatemenl of Recommended Prathce app￿.Cal￿e to charities preparing their accounts in
ac¢ordance with the Financial Reporting StsTKlard app￿"Ca￿e in the UK and Republic of Ireland {FRS 102)"
leffectiV8 1 January 201SI.
Objectlves and actlvltles
rhe charty was found8d by Henry Faber and Wdlter Kerr ¥￿th a view to extending into the maintained sedor where
possible, mentoring and related services. ￿lch have iw) devekw for in(lepor￿ent s(*)OLls by their business.
Oppidan Education Limited.
The objects of the Charity. as set oul in ils goveming dLKaJM￿t. are..
to advance the education of children and young people. in parhcular those who are from familie5 and
ommunities vthich are economi￿lty disadvantsged. by Kwoviding and 8ssisting in the provision of
mentoring, training and other asgstance to support their educatton.. and by proMding training lo devaltsp
mentoring skills in the educatKJn-sector
to help young P8DpI8, 8spÈcially but not excluwely through ￿lSUre time acttvities. so as to develop their
capabilities that they may grow lo full maturity as indivTrduafs and members of sorAety.
Throughout 2023, Oppidan Foundation acted as grant pmwder to UK stat&fiJnded schools, supporting them to
engage with provision of mentcfflng to students of particular need an(Vor disadvantage. The Foundation assesses
the merits of individual schools or MATS through their grant apFdicalion$, before supporbng them to make the mDst
of these opportunities. In an cases, programmes are part-fund8cI by Oppidan Foundation, in such a way th81 the
school or trust becomes a shared finanaal partner in the outcome and desired impad of the programme. with the
school's own money also put lo work to enable the programma. A k8y focus of thès8 programmes includès student
readiness. oracy skn'lls and chararler, supporbng y¢wng wJrAe to grow their lrfe skills, confidence and
understanding of themSe￿eS. The Charity works w￿th schods to ensure. wherever possible, that pupi15 from
disadvantaged backgrounds and vulnernble groups are encouraged in particular to lake part in Oppidan Foundation
pported programmes.
Th8 Trustees have paid due regard to guidance issued by fhe Chaiity Commission in deLId1r￿ what adwities the
Charity should undertake. The TrLtstees have had regard to the Charity Commission's guidan￿ on public benefit
and when reviewing the Charivs aims arKI objectsves arKI in planning rts future ath"vilies.
Achlevements and performance
For the period of JanLfary lo December 2023, Oppidan FoundatM)n supported a select list of 6 nw grant
applicab"ons, in addition lo conb.nued support of e￿sting live schools {arca 201 from 2022. ￿￿e than 50fJ students
weie impacted through wpported programmes, th Individual grant applicatyons typically supp￿￿ng a cohort of
between 4¢V100 students.
Prograrnmes typicalty engaged either one school on an individual basis. or a M4T to include a group of &7 schools
in one partnership, CO￿dInating students together on a'hub m¢)dd'.
Delivery of awarded progtammes was ents"￿ty in•person. Programmes reached as far Ncrfth as Skegness. with a
balanced mix of schools represented in London vs. more regionally. The regional diversity of supported
programmes cantinues to grow with the strategic agreement of the trustees that the Foundab'on wishos to support a
divefse cross-seclion of UK schools and 98ographi8S.
Both qualitstNe and quanlttalive impacl measuremenls have been posrtive. The Foundation received
oveNthelmingly positive feed￿ck from students invofved in programmes it supported. Growth into new schools is
an ongoing challenge based ￿ the context of schcKJl fijnding aTrJ the intensity of teacher workload. While fiJrHIs
remain stsble for the Foundation, il has been dilticull to find schools willin9 to engage in co-funding, which has been
a barrier to further grow￿ of Scale and impact.

THE OPPIDAN FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Flnanclal rovlew
The charity achieved a net defiut for the period of £29,195, bringing the tharity's total fijnds to £37.939. Total
income lor the period was £4,013.
2023 was a year of extremely low CAxts for the Charity. wth Th) employee base cost and l(yw basic expense8
required for its operation.
th no steep increase in demand for grant awards, dorK>r fvnding Wds not sought as actNely as when required in
previous years. It is fell that this will change earty in 2024 wth new programmes and riew donors.
Tlustees are partI(￿lartY grateful for continued supwt from its dLfKJf5. whicth are listed as wt of the Chanty's
supporter list on its websité. This supwrt, mixed wth a cthitinued clarity and Sim￿lfi¢ation of its future ambitions,
give the trustees confidènce in the Char￿$ contiriued gtowth a￿1 impacL
Major risks are continU￿sIY assessed. most notabty a lack of assured fijture income. This risk has been mitigated
by a dramatic reduction in expendrture.
It is the policy of the Charity that unrestricted fvnds ￿1¢h have not been designated for a specific use shO￿d be
maintained at a minimum of £50.L)00. The Trustees consider that r8seNes at this level wll ensure that, in tho event
of a significant drop in funding, they wtl be able to continue the Chan￿8 On9￿n9 acbvittes while consideration is
given lo way8 in which additi￿￿ funds may be raised. This level of reserves has been maintained IhrouglK)Ut most
of the year.
De5Plte a reserves pL4icy of £5CI,000. Oppidan Foundation's trustees agreed that vrith tho context of impending, pre-
agreed donations of more than £30,000 due for very early 2024. it was felt appropriate and Secu￿ lo dip below the
reserves lirnil for a short b"me. The charrtls low cost base arml lack of predicted expen¢Jilure was also a fa¢Aor in
feeling confident with thi5 ternForary deasion.
structure, gov•manc• and manag•mÈnl
The Charity is a charitabl8 incorwrated organisation a￿1 is govem&J by its Memornndum, last amended 3 August
2020. 11 is registered by the Charity C¢)mmission.
The Trustees who Serv￿ during the year and up to the date of &gnalure ofthe finanual Statements were..
Mr Wfrdller Kerr
Mr Henry Faber
Mr Joshua Adeyemi
Mrs Mariella Ardron
Ms Cherie ￿lte
Mr Daniel Afolabi
Miss Anna B￿￿en
(Apwnted 28 March 2023 and resignvj 25 June 20241
l*)wirrted 14 Febft￿ry 2024)
IAprKJinted 10 Juty 21)24)
The Trustee5 were appointed and resigned in accordan￿ with the A￿"deS of AssoGiakn'on. During the period. no
trustees chose to resign from their commitments to thè Charity.
Golng ¢oncem
The Trustees have reasonable expectation that the CharTty has adequate restyjrces to Continue for the foreseeable
future, Tmth the continued support of its knnders and incoming (now recetved) new donations in the early part of
2024. The board continu8S to adopt the gcing conc8m basis in preparing financial statements.
Thè trusteès, report was approved by the Board of Trustees.
Mr Henry Faber
Trustee

THE OPPIDAN FOUNDATION
TRUSTEES. REPORT (CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2023
Date..
12.08.2024

THE OPPIDAN FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees are responsible for preparirKJ the TNslees' R8PCKt and the finanaal statements in atxordance wth
applicable law and United Kingdom Accounkn"ng Standards (United lQ"ngdom Generally AGGepted Accounting
Praclicel.
The law applicable lo charikn'es in EnyarKI and Wales requires the Trustees to prepare financial slalements for each
finanaal year which gwe a true and fair wew of the stale of affairs of the Charty and of the incoming resources and
applicati￿ of resour￿ of the Charity for that year.
In preparing these financial statements. th8 TrUSt￿S are wuired to..
- select suitabl8 accounting pc4icies and then aWy t1￿ Co￿$tenty..
- obs8rv8 the methods and winrAKles in the Charibes SORP"
- make judgements arKI estimates that are reasonabb and pruden(
- slate whether applicable accounting stsrKlards hav8 been folowed. subjeLI to any material departures disclosed
and explained in the financial Statemen￿ and
- prepare the financi￿ statements on the wrKJ ￿ncarn basis unless it is inappropriale lo presurne that the thartty
will continue in operation.
The Trustees are responsible for keeping suffiryent accounliThJ records that di5dose wlh reasonable accuracy at
any lime the financial posib.on of the CharÈiy and enable them lo ensure that the financial sta18menls comply with
the Charits'es Act 2011, the Charity {Accounts and Rèports) Regulations 2008 anrl the provisions of the trust deed.
They ar8 also responsible for safeguarding the assets of the Chanty and henee for tsknng reasonable steps for the
prevention and detection of fraud and other irwulariti"es.

THE OPPIDAN FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE OPPIDAN FOUNDATION
I report to the Trustees on my examination of thè financial Stat￿ents of Thè OpFxdan Foundation Ilhe Charity)
for th8 year ended 31 December 2023.
Responsibilitte5 and l>asis of report
As the Trustees of the Charty you arg reswnsible for the preparation of the finan(#al statements in ￿COrdanCe
th th8 r8quir8m8nls of thè Charity8sAct 2011 (the 2011 A(a}.
I report in respect of my examination of the Charity's 1Snarrial ststements carried OLrt under section 145 of the
2011 Act. In carrwng out my examination I have fcAlowed all the appI￿able Directions gtven by the Charity
Commission under sectioft 145151(bl of the 2011 ACL
Independent exarnlnerfs statement
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination gwing me cause to believe that in matenal respect
accounting records were not kept in respect of the Charity as ￿UIred by secaion 130 of the 2011 Ac( or
the finan￿al statements do not accord wth those records; or
the financial statements do not comply with the applicable requirements con￿MIng the form and content
of aecounts set out in the Charities (Accounts artd Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair View which is not a matter considered as part of an Ir￿ependent
examinali¢)n.
I have na con¢8ms and have wme no other matters in conn*Xion wth the examination lo which
attention should be drawn in this report in or(ler to enable a FXOP81 understanding of the finanoal statements lo
be reached.
Trevor Clarke
FCCA
43 Station Road
Wesl Wckham
Kent
BR4 OPY
UK
Dated.. s>,.,,.

THE OPPIDAN FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDrruREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrfcted Vnrostrlcled
fvnds
funds
2023
2022
Incorne from".
DonaliDns and legacies
Charitable adivibes
4,013
55,919
17,300
Total Income
4,013
73,219
Expondlture on:
R8ising funds
Charitab18 8CtiMties
1,307
104,658
33,208
Totsl oxp6ndttuM
33.208
105.965
Net expendlture and movement in funds
(29.195
(32.748)
R¢conciliation of funds:
Fund balances at 1 January 2023
67,134
99,880
Fund balan¢e$ at 31 December 2023
37,939
67,134
The statement of finan￿al actsvities indudes al gains and Ioss8s recognised in the year. Al income and expendrfcure
￿e￿ve from continuing activities.

THE OPPIDAN FOUNDATION
BALANCE SHEEr
AS A T 31 DECEMBER 2023
2023
2022
Not8s
Current assets
DeblL>fS
Cash at bank and in hand
12
58
44.481
5.37T
72,658
44.539
78,035
Crgdltors: amounts falllng due wlthlTr
ono year
13
{6.6001
(1 ￿,￿1)
Net current assets
37.939
67.134
Nat assats 8xcluding ponslon Ilablllty
37.939
67,134
Th• funds of the Charlty
Unrestricted fund5
37.939
67.134
37.939
87,134
12.08.2024
The financial stslemenls wèr& approv8d by th8 Tr￿￿e&S on .........................
Mr Henry Faber
Trustee

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
Charlty Inforniatlon
The Oppidan Foundab'on was registwed a5 a charitable IF￿ated organisation on 3 August 2020 and is
g¢)vemed by a constitution dated 3 August 2020 and registered with the Charity Commission under tharity
numbèr ]19L￿82. The charity's Wincip￿ office address is 20 Sl James Street. Lon¢y￿, gRW.
1.1 A¢¢ounting conVen￿On
The fin8ncial statements have been wepared in accordance the Charity'$ goveming document,
Charities Act 2011. FRS 102 'The Financial Reporbng Stsndard applicable in the UK and Republic of Ireland"
I'FRS 102,1 and the Charth"es SORP 'AcccMJntiro and Reporting by Charities". Slalem8nt of Recommended
Practice applicable to charities preparing their accothts in accordance wth the Finanual Reporting Standard
applicable in the UK and Republtc of Ireland IFRS 102)" (effeGtive 1 January 2019).
The Charity has taken advantage of Ihe prowsions in the SORP for Char￿e$ not to prepare a Statement of
Cash Flows.
Th8 financial slat8rn8nls have d8parted from the Charthes (Ao)yJnts and Reports} Reyulab"ons 2008 only to
the extent required lo prowde a true and fair This departure has imiolved following the Stsleménl of
Recommended Practice for charities appI￿ng FRS 102 rather than the version of the Statement of
Recommended Practice which is referred lo in the ReguL4tions but whith has since been wthdrawn.
The financial statements are prepared in sterling, which is the fundional (yJrr8ncy of the Charity. hllonetary
amounts in these financial statements are roun¢J8(I to the nearest L
The ffnancial statements have been prepared urKler the historical cost convenb"on.The principal accounting
policies adopted ar8 set out b810w.
The Oppidan Foundation meets the definiiion of a putAic benefft entity und8r FRS 102.
1.2 Golng concern
Al the ts.me of approwng the finanaal statements, the Trustees have a reasonakje expectation that the Charity
has adequate reSoUr￿S to continue in operats.onal existence for the fo￿Seeable ftrture. Thus th8 Trust88S
continue to adopt the going concern basis of accounb.ng in preparing the financial statemenls.
1.3 Charitable funds
Unrestrieted funds are available for use at the discxetion of ts Tntstses in fvrtherance of their tharitable
objectives.
Restricted funds are sutyect to spedfic by d￿r$ or grantors as to h¢)w they may be used. The
purposes and uses of the reslTiCted funds are sel out in the notes to the financial statements.
Endowmer)t fijnds are subject to speGffiG COTKIth"ons by donors that the capital must be maintained by thè
Charity.
1.4 Income
Income 15 recognised when the Charity is legalty entilted to it after any performance condits.ons have been
mel, the amounts can be measured reliably. and it is probable that income wll ￿ received.
Cash donab.ons are recognised on reeeipL Other donations are recognised once the Charity has been notified
ol the donation, unless perfOrnian￿ condits.ons require (teferral of the amount. Income lax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised al the lime of the donation.

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policias
{Contlnuedl
1.5 Expendlture
Expenditure is recognised on an accruals basis as a liatility rs incxJtr&J. Expenditure includes any VAT which
annot be fvlly recovered.
1.8 Tanglble fixed a￿ets
Tangjble fixed assets are inilialty measured at cost and subsequenty measured al cost or valuation, net of
depreCIatit￿ and any Impalm￿nI b￿s.
Depreciatson is recognised so as lo write off th8 Cost or valuab.on of assets less their residual values over thoir
useful lives on the followi￿ bases..
The gain or loss aris1r￿ on the disposal of an asset is determined as the dtfference beiween the sale prcKeeds
and the carrying value of Ihe a￿( and is recognised in the statement of finanu818ctiV4tses.
1.7 Cash and cash equlvalents
Cash and cash equivalents Tnclude cash in hand. deposits hetd at call IMth banks. other short4erm liquid
investments with original maluriti"e5 of three month5 or less, awKI bank overdrafts. Bank overdrafts are shown
svithin borrowngs in current lia￿.11t1es.
1.8 Flnanclal Instruments
The Charty has elected lo apply Ihe provTsions of Sedion 11 'B8sic Fimncial Instruments, and S8Ction 12
'Other Financial Instruments Issues. of FRS 102 to of tts finawal instruments.
Finan(7al instruments are re¢ogniwJ in the Charitys balance sheet when the Charity becomes paty to th8
contractual pmvisions of th8 instrument
Financia 3ss8ts and liabilities are offset, with the net amounts presented in the financial statements, ￿en
there is a legally enforceable r￿ht lo set off the recognised amcyjnts and there is an intention lo settle on a net
basis or to realise the asset and setite the lithlty simUltane￿S1y.
Basic financial assets
Basic financial a55ets, byhich indude debtors arKI ￿sh arvJ bank balances. are initially measured al
transath.on wce induding Iransact'on costs and are subsequendy carried at amothsed cost using the effective
interest method unless the arrangement C0115tttules a finanany transadion, where the transaction is
measured al the present v￿ue of the frJture rerEipt5 discounted al a markot rale of interest. Financial assets
lassified as receivable wtthin one year are not amortised.
Bas1¢ ffnan¢lal Ilabllltles
Basic finanoal liabilities. induding ueditors and bank loans are initialty recognised at Iransadion price unless
th8 arrangem8nt constitutes a finanang transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rate of interesL Financial liabilities classified as payable
w((hin one year are not amortised.
Debt instruments are subsequenlty carried at amortised cosL usiTrJ the effecbve interest rale method.
Trade creditors are oblig81ions to pay for goods or services that have been acqLNred in the ordinary cours& of
operalior15 Irom suppliers. Amounts payable are classified as ￿rrent liabilities rf payment is due wthin one
year or less. If not, they are presented as nor￿Trent liabilities. Trade creditors are recognised inJEially at
tran5athon price and subsequently meaSU￿d at amortised cost us(ng the effective interest method.
Derecognftlon of flnan¢lal Ilabililies
Financial liabilities are derecognised when the Charity's c￿ntratha1 obligalions expire or are distharged or
cancelkd.

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poll¢les
Icontinued)
1.9 R•tirnment b8n•flts
Payrnenls lo defined conlribub.on retiremerrt benefft scthmes are charged as an eypense as they fall due.
Critlcal accountlng estlmates and Judgements
In the appfication of the Charity's accounting p￿￿1¢$. the Trustee$ are required to make judgements.
estimates and assumptions aboul the carrying amount of a&sets and liabilities that are not readity apparent
from other sources. estimates and a$$￿tated assumptions are based on historical experience and other
factors that are cons&lered to be relevanL A¢tLwI results may differ from these estimates.
The estimates ar￿ underlying assumptions are rewewed on an ongoing basis. Rewsions lo aceounling
estimates are recognised in Ihe period in whith the estimat8 is revised where the revision affects only that
period. or in the period of the revision and fvtU￿ periods Wthere the revision affects both eurrenl and future
periods.
Incom• from donatlons and legacles
UnTe5trlcted
funds
2023
Unr08tricted
funds
2022
Donations and gifts
4,013
55.919
Income from ¢harltable activities
Unrestrlcted Unrestrlcted
funds
funds
2023
2022
General
Schoc4 project revenue
17,300
Expendlture on r4blng funds
Unrestricted UnrestrlGted
funds
funds
2023
2022
Fundrablng and publlcty
Adverbsing
1.307
10-

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Expenditure on charitabl• activities
2023
2022
Dlre¢t costs
Staff costs
Depreciation and Thpairment
Printing, postage & stslionery
IT software & consumables
Mentor fees
Legal and professi￿1 fees
Accountancy fees
Gen8ral Expenditure
Rent
Insurance
Bank charges
Frèelan￿ costs
Trav81 and subsistance
33,572
559
3,e14
1.934
11.830
21,008
3,060
142
10.800
346
925
2.202
2,670
411
1,380
1,212
6,208
89.658
Grant furKling of adiviti.es {see ￿te n
27,OOD
15.000
33.208
104,658
Analysis by fund
Unrestricted fijnds
33,208
104,658
Grants payable
2023
2022
Grants lo inslrtulions".
Other
27,000
15,000
Net movement In fund5
2023
2022
The net movement in funds is stated after Charg1￿{uedthng}:
Depreciation of owned tsngible fred assets
559
11

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustsos
None of the TrLtstees (or any persons con￿ed them) received any remuneration or benefits from the
Charity during the year.
There wtre no trustees. e￿enSeS paid for ts year ended 31 December 2023.
10 Employees
The average monthty number ofempwees during the year was:
2023
Numbor
2022
Numb•r
EmpJoyn*nt costs
2023
2022
Wages and salaries
Other ￿nSIOn costs
32,962
610
33,572
There were no emkloyeos vthose annual ￿M￿neratiOn was more than £60.000.
Remuneratlon of key managemant p8r50nn•l
The remuneration of key management personnel was as frllows..
11 Taxatlon
The charity is exempl from taxatlon on its adthlles because all its inc4Jme Is Sp￿[ed for charitable purposes.
12 Debtors
2023
2022
Amounts falling due wlthln one year:
Trade debtors
Prepayments and acclued income
5,377
58
58
5.377
12-

THE OPPIDAN FOUNDATION
NOTES TO THE FINANCIAL STATEPAENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Creditors: amounts falling due ¥¥lthin one year
2023
2022
Other creditors
Accruals and deferred income
3,281
7,620
6.600
10,901
14 R8tlromant b8ngfft schgmos
2023
2022
Defined Gontributlon Schemes
Charge to profft or loss in reS￿t of defined contribution sthemes
610
The Charity operates a defined contribution pension scheme for all qualfying employees. The assets of the
scheme are held sepatalely from those of the Charity in an independenuy administered fund.
IS Unrestrfcted funds
The unrestricted funds of the charity comprise Ihe unexpended balan￿S of donabons and grants which are
not subject to specific ￿ndItiOnS by ¢Jorws and granlors as to how they may be used. These indude
designated funds which hav8 be8n s8t aside out of unr8stricted funds by the trustees for speafic purpose5.
At 1 January
2023
Incomlng
ources
Resources
exponded
At31
Docembor
2023
General funds
67,134
4.013
133,208)
37.939
Prevlous year:
At 1 January
2022
In¢omlng
rosourcgs
Resources
expgnded
At31
December
2022
General funds
99.880
73,219
1105.965)
67,134
16 R8lat8d party transactions
Two of the trustees, Mr H Faber & Mr W Kerr, are directors of OppiLlan Education Limited. In th8 prtor year,
various services were provided by opp￿an EdLKatbon Limited. During Ihe period. no such services occurred.
The value of these service5 totalled £NIL f2022.. £10,800).
Oppidan Education knmiled Colled￿ thnation5 of £NIL (2022." £5.37n on behalf of The Oppidan Foundation
in the year to 31 December 2023.
13-