2024-12-31-accounts

BUSINESS ADVISORS & ACCOUNTAMIS The Ogilvie Charities Financial Statements For the Year Ended 31 December 2024 Charitable Incorporated Organisation Registration Number: 1196197 Registered Provider of Social Housing Number: A2819

THE OGILVIE CHARITIE5 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 INCORPOIiATING The FOLLOWING UNKED cHAR￿lEs THE OGILVIE CHAANIES DEED NO.1 -CHARITY REGISTRATION NUMBER 1196197-1 THE OGILVIE cHAR￿lEs DEED NO.2 -CHARITY REGISTRATION NUMBER 1196197-2 THE CHARny OF MARY CATHERINE FORD SMITH- CHARITY REGISTRATION NUMBER 11961974 MARGARET CHAMPNEY REST AND HOLIDAY FUND- CHARITY REGi¥fRATION NVMBER 1196197-5 CHARrfY OF ESTELLA MICHAELA LOUISA CANZIANI-CHARITY REGisfRAnoN NUMBER 1196197-6 STRAITENED CIRcUm￿ANCEs 1961 FUND- CHARITY REGi¥fxAnoN NUMBER 1196197-7 CONTENTS Report of the Trustees 8-10 Independent Auéitorfs Report li ststement of Financial Attivitie5 12 Balance She 13 Cash Flow Ststement 14-29 Note5 to the Accounts 30 nked Charities-surnmary 5tstement of Financial Activities 31-32 nked Charities-summary Balance Sheet The lollowing pages do not form part ol the statutory flnanci31 staiements 33 Detailed Ststernent of Flnancial Activitles- Deed No.1 34 Detailed 8alan¢e ShÈet- Deed No.1 35 Property Revenue A¢¢ouTrt-Ogilvie Home5 36 Property Revenue Account-ogllvle Almshouses 37 Property Revenue Account- Charle5 May House 38 Property Revenue Acctsunt- Estella House 39 Income and Expenditure Account-The Gatehouse

THE t￿ILvIE (JIARMES CIIARITABLE INCORPORAYED ORGANISATION REGISTRATIOPI NUM8ER: 1196197 REGisfERED SOCIAL iANDLORO NUMBER: A2819 ANNUAL REPORTOFTHEYRUSYEES FOR THEYEAR ENDED 31 DECEMBER Z024 The Trustees present their rep)rt along with the fiTra￿al ststements ¢>f the chartty for the year ended 31 Detember 2024. The trusiees have adopted the provisiorts of the Statement of Recommended Prdcbce1SORPI-Accounting and Rep)rbng by Challtie¢ in weparing the annual report and financial $￿ements Oft￿ tharity. The financlal statements have been ￿epa￿d in acc¢Kdance with the accountin8 poliues set out In notes to the accounts on pages 14 to IG and comply with the chariV5 governing documenL the Charities Act 2011 and Accounting and ReportinR by Charities- statement ol Recommended Prnctice applicable to charities prepari￿ ilir a(trunts in a¢￿T￿nce with the Financial Reportin8 Standard appllcable In the UK and Republic of Ireland published in Ortober 2019. IiirRODuclloN On 19 October 2021 the Charrty Commts51on for EtylJr¥J and W•les sanctloned a kheme lor the 8overnarte and runTrir￿ ol the followln4tharftle5- 08ilvie Charilies (Deed no 11 06ifvie Charities (Deed no 21 Incorporati the Charity of Mary Catherine Ford Smith Margaret Champney Re￿ and Hollday Fund Charfty ol Estella Mlchaela Loulsa Can1￿ Straltemd Clrcumstsn¢e$119611 Fund Charfty No. 211777 Charity No. 211778 Charty No. 1080530 Charty No. 211646 Charity No. 2621)40 Charlty No. 289922 To this end a new Chadiable Incorporated Or8anlwKJn ICIOI was inc0rF￿ted on the same thte and the exlstlng Trustees ol these charltles became ihe Trustee5 ofthe CIO. TheCIO becamethesoleTrutteeof OBilvieCharitSes (Deed No. Ilknwhose prlmary purpose Is to hold the endowments of these charrtoes. The net income ol thls Charity Iby express pemilsslon of the Ch•rity Commission) 15 Bianted to The Ogilvie Charitles ICIOI- tharfjty No 1196197. TN5 Annual Rtwl of the Trustees ¢o¥ers l)oth The OBllvie Charltle5 (CIO) and The 08llvle Charities (Deed No. 11. The Charlty PaLtletta EdwardsTralnlng and Èducation FurKI (Charity No. 11472331 wa5 dtssofved on 31 December 2021 and ks assets and Ilabllltles We￿ iransferred toThe Qglfvle Chafttle Thls transfer of assets and 1SabllStles took pla¢ on l Jar￿ry 2022 4Th1 it￿ was rK) ttonomlc In thls ¢harfty betsveen 19 October 202] and 31 December 2021. The followln8 Char5tles contlnue to eX￿t a￿ dom)ant hav￿￿ income and expendltts￿, assets •ndlor Ilabllltles other than £10) cash. Their formeradfvities are all accourrted for In The Charfties. Ogllvle Charities (Deed no 21 Incorporati the Charlty of Mary Catherlne Ford Smith Margaret Champney Rest and Hollday Fur*J Charity of E5tella Michaela LOUI￿ Canzlanl Straitened Circumstan¢e$119611 Fund Charity No. 1196197-2 Charity No. 11961974 Charity No. 1196197-5 Charity No. 11961974 Charity No. 1196197.7 REFERENCÉ AND A VE DEr TheTrustees who seThed durI￿the perityj ended 31 December 2024 and to the date of this rep)rtwere as follows.. Ch41mwn: 8elSnda Grani Rlchard Ayn$ley-Sm￿h Slmon Glbbs Patrioa Lawton John Ogikne Peter Owkne Marie Sigsworth Edward Wright General and Rnandal Manager. Mrs GIl￿n Ga￿n Makn Office and Corre5ponderKe AddresL" The Gate House. 9 Burtht Roa4 Wc￿brId8e, Sufft?Ik IP12 4JJ Telephone Nurnber. 01394388746 Webslte.. Emall: info@ogilviethali￿￿rB.uk

THE 0GILv￿ CHARMES N REGlmATION NU REGISTEREDSOCJAL iANDLORD NUMBER: A￿19 1196197 ANNUAL REPORT OFTHEIRU5fEES FOR THE YEAR ENDED31 DECEMBER 2024 CONllNUED REFERENCE AND AD IN TtVE OEr Charlty le￿$tratIon Numb• 11%197 Rtglstered Sod81 landlord Number: A2819 Audltors: TC Group Town Wall House, 8alkerne Hlll. Cokherter. EssexC03 3AD Bankers: CAF &nk Ltd. 25 knn8s Hal Avenue, West ￿lI(Tr￿ Kent ME19 4JQ Investment Ad¥lsers: Messrs. CCLA IrNestment Manaoement Ltd, s￿￿t01 Howe 85 Queen Wciorfa St￿¢ London EC4V 4 Me55r& M&G securities Ltd. 10 Ferxhurch Street. London. EC3M SAG Objects The objects olThe 0811￿e tharltles •re wknarlty for therellef of red by reason of youth. age. Nkhealth. dbablllty. Foverty. flnanclal hardship orotherdisathaThtage Includln& Ilmttedto. bythe provisionol social hou￿￿8 Ilorthose that can live Independentlyl In the lorm of almshouses and other sheltered housln8 attommodation and grants of money for provldlng or paylng fr&r siems, serv5ces or facilities. Secondty to further the objects of any charity sttuated In SuffolK Essex or any LoThdon Borough.. or charlty establlshed In England orWaleswhl¢h Is prfmantyf0rt￿bÉfitfftQ1 peLyJe nomialtyfesldentln5uffolK EssexoranyLondon Borou8h. nlfflcant aLtfvltles Ourln8 the perlod ended 31 Oe¢ember 2024 the Charlty mana8ed frMJr aImS￿￿Se sltes In Suffolk and Essex to provlde fifty seven almshouse properties for people In need of hous0￿ and provlded 8rants io Indfvldua15 and tharltable orBaThisatloTrs. Full det311s are to be found on paBe$ 2, 3 and 4 of th15 rewt. Publ1¢ b¢n¢fft These attivlries ale consldered th be for the p￿k ￿efft aNI In funn5r4 the Charlty the Trugees have regard for the Charfty Comml&slon guldance on public berfft. ED The 08ifvle Charlllts encornpasses a numberof Ilnked ¢hafftles thai share thSsTrustee< Report and ￿n￿le sttof al8￿Rated ftnan¢lal statements. The linked charltle5 share the same ¢harlty number as The 08ll¥le th•r116es wtth the ao beSn8 thelr sole wrporate trustee. The followlTh8 Ilnked charltles each thare the same objectfv& as The 001¥* Chaiilies arKI are all ￿erned In accordance wlth a 5cherne dated 8 December 2021.. The Ogilvie Charitres IDeed No 11- charity number 1196197-1 lan active ¢harityl The 08ilvSe Charities Ioeed No 21- ¢harity number 1196197-2 lèn inactive charity} The Charfty of Mary Catherine Ford Smith-charity number 11961974 lèn rnactive charity) MarBaret Charnpney Rest and Hollday Furnl-charity number 1196197-5 lan Inacbve charity) Charity of Estella Michaela Louisa Canziani- th•iity number 1196197-6 lan Inathve charity) Straitened Circumstances119611 Fund- c￿lIty number 1196197-7 lan inathve charity) ACHIEVEMEp4fAND PERFORMANCE Almshouse Pro¥lslon The upkeep of the Charltlg bvlldine5 andthe eeneral wehre of the oc¢uparrts are monitored daily by Scheme Mana8ers some of whom Ilve on slte and who are x¢ountsLleto the General Manager. Letters of appointment are Issued to new benefftiaries sderted agalnst PU￿1$hed crithria. Commenctr4 In 2012, in view of the prevailing economic dimate. the Trustee5 decided to allow re5idErts * the 0811v￿ Njmshousesto work a maximum t>f 15 hours per week in paid employment tosupplementtheir perLS]g￿% 51x)uJd thEy50 wish.

THE OGILVIE (IIARITIES CHARITABLE INCORPORATED ORGANISATION REGISTRATION NUMBER.. 1196197 REGISTERED SOCIAL LANDLORD NUMBER= A2B19 ANNUAL REPORT OF THETRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 CONTINUED ACHIEVEMENT AND PERFORMANCE continued Almshouse Provlslon Icontlnuedl DuTin8 2024 the occupancy rates have been as follows= Ogilvie Homes Ogilvle Almshouses Char1È5 May House E5tella House 96.38 PEW cent 96.17 per cent 100.00 per cent 100.IK) per cent Vacancy levels are we11 within the leve15 expected however, with the rising costs of fuel and the general cost of liwng the Trustee5 are mindful of keeping vacancie5 to a rninimum and also that some of our residents may require financial support towards thei¥ accomrnodatron charges and fuel bil￿ where these are not in£luded wlthln these chargÈs. Where the fuel bills are Included withln the accommcd3tion charge5, theTrustees agreed to subsidise the increase by up to25% justforthisportlon of thelr chargesfollowing the annual increase on 151 April 2024 following a 50% subsidy the year before. It is the Trustees plan to cary out Internal decoratlon of all their properties on a 7-year rolling basis, however, in reality some of our older residents are loathe to be disturbed by redecoTatlons when they are settled, and unle55 there 15 a compelling reason lo do so the charity is respectfLsI of their wishes. With thetewvatant properties which h3ve occurred Thaturally during the period. the Charity has been able to cary out full internal redecor3tlQn as they have arisen. In 2024 five vacant properties and a staff house were redecorated intemally ata cost of £40.734. Ongoing rnainteThance continued at 08ilvie Almshouses wrth the extemal redecoratlon of all the woodworl excludlngthe wlndows, whilst we had the warmer, drier weather 3t a cost of £28,140 in 2024. This wlll recommence In the sprfng of 2025. At Estella House the fl8t roof of the building needed to be repla￿￿ which involved a cost of £26.760. The 08ilvie Homes welcomed one new re5iderrt whi15t two couples moved frtsm another site to take advantage of the single stOTey properties at Ogilvie Homes. Ogilvie Altnshouses welcomed three new residents and the Tru5tee5 noted with regret the de8ths of five residents from our sites in Suffolk. The residents. who valuetheir Independence, are encouraged tojoin in the Social activitieson site and in the local community. Those residents requirin8 carfng attention are able to receive this in their homesfrom Soual Service5 and other external caring agencies. At the 31 Detrmber 2024 the accornmodation occupancywas.. Sin males Sin lemalÈs AccommodaiIon Avera Ogilviè Homes Ogilvie ￿mShOU5es Chades May House Estella House 13 io 82yrs 6m 77yr5 7rn 83yr$ 7m 76 yrs Ilm 29 20 io Prewous to their admissions these resldents were'.- Moved from other other area e near relatives vin Ioc31 Ogilvie Homes Ogilvie Amshouses Charfes May House Este113 House 22 18 The Ogilvie Trustees have continued to malntain accornmodation charges at a reasonable level. UsTng guidÈline5 published by the Alm5hou5e A550ciation for calcu13tlng managÈment and rn8intÈnance rates and Fair Rent. charges were kept below the level viewed as appropriate byihe Fasr Rent Officers io detemilne the lÈvel of atcommodatlon charges. The accounts show a planned operdting deficit at 08ilviÈ Homes which reflects the Trustees allowing some staffing costs not to be recovered by way of servlce charges to beneficiaries who can be so 3ssitted in accordance with the original intention of the donor as refiected in the Charfty Commlssion kherne. There were no referrals to the Independent Housing Ombudsman in 202ÈK

THE OGILVIE CHARITIES C+IARITABiE INCORPORATED ORGANISATION REGISTRATION NUMBER: 1196197 REGISTERED soaAL IANDLORD NUMBER: AZ819 ANNUALREPORTOF THETRUSTEES FOR THE YEAR ENDED 310ECEMBER 2024 co￿l￿uED ACHIEVEMENT AND PERFORMANCE Con￿n￿ed Rellef of Need Through Grants In 2021 the Trustees, when considering the ¢hanEe to a CIO. wanted to continue supporting the types of people and groups thev believed would be favoured by the founders by directing thelr attivthes to the relief of need in the first instance with 3 secondary oblert allowing a widerdass of beneficlary. TheTrusteesdistrib￿egrants underfour main headin85tessellti81 livin8ltems. holidaysforcarers, educatlonand trainingandspecifi¢ charitsble projects. 79 graffls totalllng £21.282 were made in 2024 towards essential lfving iterns such as bed5, beddin& washing machines. cookers. Irldges and freezers. The majority af ihese grants were rnade to people livinK in the London and surrounding are35 Wlth the next lar8ÈSt area lorgrdnts beingihe Midlands and then the West of EThglÈnd. 25 grants totalling £10,632 were rnade in 2024 towards holidays lor carers. These holidays are Intended to give emotionally and physlcally worn out carÈts a break away either from the carfng role tompletely orfrom the usual d8Vto day monotonywith a chaThge of scenery.The majorityof these grants were madeiopÈople Ilvlng In the Midlands area with London andthesurroundingarea along with the North of En818nd bEingthe joint next largest. 3 Brants totalling £5,666 were made In 2024 towards education and training. Thi5 fund supports deprived andlor dlsadvafitsBed chlldren and youn8 adu￿St0 obtsin tralnln8 and/oreducation. 26 grants totalling £20,21X) were made to orsanisations toward5 5pecfftc charrtable projects. 5 forSuffolL 3 foi Ess4 12 Londo and 6 elsewhere, but benefitting people Siving in SuffolK Essex or any London Borough. 4grznts totalling £4,000 were also made to organisation5 who take deprived children from Inner citie5 on a holiday orday out in the ountryside. All of the grants for essential living iterns, holidays for carers and education and tralning were made via intemiedlary statutory organisation5 and charitable institution5 for specifically named indivaduals during the period. Many of these appIl￿tIonS are for people in receiptof Housing Benefita5 well as Universal Credits. Income Support. Job SÈeker5Allowance IJSAI or Educationalsupport Allowan￿ IESAI, some of whom havÈ been refused g￿nts by the Department for Work and Pen5ion5. a few being offered a ltsan as an altemative but not being In a p051tion to make repayments by way of deductions frorn future allowances. The making of 137 grants throughout thi5 period undetstates the amount of administrative time 5peTrt on this aspect of the Ogijvie ChÈritiÈs wtsrK wFth the General Manager processing the applications some of which are approved for funding by the TrusteÈs. In 2024we received 376 enquiries and requestsforfundin& an Increase of 235% on ihe previous year. ABreat many of thEse reque51s do not contain sufficient informatitsn to allow Trustees to be able to make an adequately inforrfied deci510n SO It is often nÈce553ry to seek clarification on the application from the referring aBent before it can bÈ approved or refused byTrustees. Of the 376 initial enquiries and applications. almost 40% needed a reply or further clarification. Historically the majority of applications were froffl Social Workers for famllles in need, however. it should be noted that many individual applicants do not now have attess to a Social Workerand indeed In somecases Social Work Departmentswill not accept paytnent ofgrants in respect of theirtlient5 when funding 15 available to them. Applications for essential Ilvlng items and holidays forta￿r5 are only accepted from stattstory andlor bona fide organisations to whorn any payrnents are mède with the ¥eque5t that the ￿ferrIng agency undertakes to tryto ensure the grant is used forthat client and forthat specific purpose tsnly. FINANaAL REVIEW Finances and Reserves PolScv The Trustee5 are very aware of the requirements of prospective residents arsd recognlse the importance of rnaintainin8 their bulldinss, not only forthe comfort and well-being of the current residents bLrt also forthose generations who follow. Trustees view refurbishment and improvefflents to the Charlties, housing Stock as a high priority and will ensure that such Works are £ompleted when funds allow. The Trustees meet perlodirally with the Charftles lllvestmenl Managers. The Trustees have adopted a rnedlum risk profile for its inveslments. In 2024 there wa5 an overall surplu5 of £77.658 on the Charities activities. Full details are shown in the 5UPPOrting accountln8 schedules. Total grants made during the period were £61.780. At the end 012024 the market value of thÈ investrnents held byThe Ogllvle Charltles was £7,587,248 an incre3se ol nearly 2.5% since the #art of the year. Income from thesÈ inve5trnents during 2024 was £275,868 whilst interest of £50,536 was received for rnonies held on depositthi5 period. Investment incomewas an intre05e ot 11.25% on 2023 which can be attributed to a settled yearof investtnent with our two Investment cornpanie5.

THE OGILVIE CHARmfS CHARrrABLE I RPORATED OR ISATION REGISTRATION NUMBER: 1196197 REGISTERED SOCIAL LANDLORD NUM8ER: A2819 NNUAL REPO OF THE TRUSTEES FC THE YEAR ENDE031 DEQMBER 2024 CONTINiJED FINANCIAL REview ontlnued Flnances and Re5eryes Poky IrontSnuedl Internal finarKial controts and FIna￿ts1 Reporting¢om￿ viththe will of Hou￿r￿ Corporation arcular R2-18J96. and the Trustees Conslstent wlth the Imiestment pjllcy and havir ¢on$klt￿d level of expendlttwe requlred to malntaln thelr bulldln8s In good order, the Ogilvie Trustees policy on reserves currentty held, is to draw on them, as ne¢essary whilst conUThuing to meet the remalnlng objects ofthe Tntst Deed by Pty1￿ r￿E 8rarts to other named orynisabonswherefundsallow. The Trusteesapplled for, arKI have had approved in 2024. planning pemi1$5)n fortwo major projects to replacewindows In boththe Ogllvle Almshouses (Suffolkl and the rear part of Charles May House (Essex). A5 both of these sites are Ilsted. assiSta￿e was sought frorn profesSK)n5 for plannin8 permis￿On. to obtain Building Re8ulion certificates advice on tenderln8 and awardin8 contracts with a %Aew toward5 rnanawng these projects. A ¢￿tra￿ has been awarded arml 50% deposiiof £31W pald atthe end of 2024 for the work at Charles May House which is due to ¢ornrnerKe in March 2025. PlanTrln8 permlmltsn was 8wanted In January 2024 for the at O&frAe ￿m$hOUse$ wfth the proviso that wcrt must be started wfthin 3 years of the permission being Branied. The ierxltrlng process Is underway for thls wolect whh a projected budget for the work belng Sn the re8ion of £450.LKIJ to £5C(I,CW. However, Tt has now been brou8ht to the Truthes attentlon that the roof over the terrace structure of the Ajmshouses COU￿ be in need of r￿a¢ement s￿)Trer than had been orl8lnally thou8ht. Therefore, dl$¢us$5on$ wlll need to be had durtw 2025 as to urgent this projett is ah)ng with costs to malntaln the structural inte8rfty of thls terrace of 20 house Due to the telecommunlcatlons Industry replacln8 all analogue Ilnes and U￿radIng io dlgitsl Internet-ba5ed Infrastructure at ￿me polnt In 2025 or 2026. there may also be a requirementforsome up8rades to ourcarellne swem from analoBue to dlglt31 whlch wlll Involve all four sltes of sheltered hou5in8 belore thts date. The Trustees are also I￿tr￿iDE to inve5ti6ate other energy efficient solutlon5 such as solar panels. rerroritt1￿ In5ulatlon and ground andlor alrsowce heatlN8 to save on heating costs whlth couldtake all of our alm5hou5e5 Into a more ecoh)8kalty sourxl Investment Powèrs In 2024 the charltys Investment porrfollo was mana8ed by CCLA and M & G Charilund. The transfer from the lomier Investment manaBer, Irwestec Wealth and Investment Llmrted was undertaken In 2022 and 2023. In 2012 the Trustees declded that Some of the pr(Keeds of the sale5 01 ihe comrnerdal bulldln8s whl¢h had been bequeathed to the charSty. desi8nated as Mr5. t)oreen Ma(s Bequest. should be invested wtth CCLA Investment Mana8ement Ltd. and LtThits were purchased In the COIF Charltle5 Investment Fund. Thi5 IrbbEStment was retained In 202 In 2024 the 08llvie Truttee5 have contlnued io hold authodsed investmentsof frjnds In accordance with the lawof ETrBland ata level to malntaln Income and capital 8rowth which will enable the Charlty to carry out its purp￿. It Is the vlew of the Ogllvle Trustees that the Charlvs a55ets. supported by The Ogilvie Charl1￿ Ioeed No. 11. are avallable and adequate to fulfil the obll8atlons ol the CharRy. PLANS FOR FUTURE PERIODS Oolvie Charities has pro￿ded a¢commodation for older VUIr￿a￿t benefldades In Suffolk sirKe the earfy 1g(X)s and In Essex slrKe the 1970& In the present e¢onomic climate. the Trustees are Very aware of the chan8in8 needs of an a8ein8 PO¥HJlation aThd thev aspireto continue to provide. safe. affordableand comforta￿e accommodatlon to wlK)wi5hto live within a carln8 community. Trustees recognise that as well as a r￿Ce$￿ty to asslsi In cases of finandal need, ¢xher benefiuaries may simply require the reassur8n¢e and Security prowded by livin8 in a sheltered scheme with assistartson hand in the everrt of an emer8enry. The malorfty of the propertie5 adrninlstered by the Ogifvie Trustees are Grade 11 listed and as suth require ￿reful attention when C0Th5ideration is8l¥en ￿ repair&TheTru￿eeSc0Wdert￿lrfu￿lst0￿ sufficientto be abletocontinueto provTde a decentstandard ofaccommodatlon and cart and sup￿rt￿ those trnefitiaries who requ1￿ TheTrustee5 are mlndful of the ¢ontinuiretharwinthe kKal populationandwlllr￿tlnue to re8ulady reviewthelrarea of berlefice to ensure that the charity contlnuÈs to prcNlde accomrrn)datson tottw intheye*est r￿e The 08ilvie Charities is re8ulatÈd by The Charftles Att 2011 Constituknon dated the ￿ OLtobe¥ 2021, which became operatit)rwl on l January 2022. Thiswas donÈtO 5implifyattmliesltransadions. and to operatewith modern rules of governance.

THE OGILVIE CHARITIES CHAR￿ABlE INCORPORATED ORGANISATION REGi¥fRATION NUMBeR: 1196197 REGISTERED SOCIAL LANDLORD NUMBER: A2819 EPOAT OF E TRusfEES FOR THÉ YEAR ENDED 31 DECEMBER 2024 CONTINUED STRucfuRE GOVERNANCEAND MANAGEMENT continu The Consthution allow5the appointrnent of up to a total of elevenTrustee5 and there Tllu5t bea mlnlmum of flve.. there are currently eSght Trustees. New Trustee5 are appointed by the Board of Trustee5 and each Trustee shall retire from offl<e at the thlrd Annual Retlrement Meetingfollowin8 the comrnencement of his or herterffl ol office. however, they May be reappointed. TheTrustees may appoint one of thelr number to be the Chalr of the Trustees for such a term of offlce as they determine. The Trustees usually hold four maln medlnBs each year. Interspersed wilh meetings of sub commlttees of Trustees formed to deal wlth speclflc areas of Interest e.8.. Brant rnaklng, flnance. housln8 etc. declslons agreed at subcommlttee level are taken forward to the maln meetlngs of Trustees to be agreed by the full Board ofTrustees. AnnualAttendan¢e at Meetlnls The full board of Trustees met four times durin8 2024. Sub tommittees met on other occa5ion5 btheen meetinBS and reports of thelr dellberatlons were subsequently recefved by the lull board of Trustees and dlscus5ed and approved where necessary. The followlThg table shows attendance by Trustees 151 maximurn attendance posslble1111 actual attendance11111 membershlp of addltlonal lal finance Ibl Brants Icl houslng strategy commlttees.. Rl¢hard Ayn$ley-Smlth Simon Glbbs Belinda Grant Trlcla Lawton John OÈllvle Peter 08ilvle Marie Sl8SWOrth Edward Wri8ht All cornmlttees Ibl Methods adopted for recfuEtment and appolntment gf Tru$tees In the event thèt a Trustee retlres. a Nomlnatlons Sub Commlttee Is appolnted to recruSt new Trusteel51 who may be attracted bv advertlsernent or by personal contatt from Trustees wlth15ke-mlnded Indlvlduals whose wlsh Is to further the alms of the Char5ty bv the addition of thelr skllls to the panel ol Trustees. Pollcles and Procedures adopted forthE Indurtlon and tralnlnKof Trustees The Snductlon process for newly appolnted Trustees comprlse5 a meetlng wlth the General Manager who provldes a brlef hlstory of the Charlty together with coples of the latest Annual Account5 ènd Reports. Mlnutes of prevlous meeiings, and the Constitution. There Is a discussion on the role of Tru5tee5 and an Induction pack whlch contalns a copy of the Charity Commlsslon's guid•n¢e Yhe Essentlal Trustee. Is provlded. Thls is lollowed by a meetin8 with the Chalrman and the 8tsard of Trustees, who takÈ into account the skllls whlch a new Trustee can brlng to the Board whllst stlll retaining the ethos of the Charfty. The uhlmate decision on selection Is a matter of agreement amongst all ex15tlng Trustees. ￿1 Trustees sl8n a declaratlon confirming they have read Sections 178-180 of the Charities Acr120111 and are not d15quallfted from actlTr8 as a trustee. Or¥anlsatlonal Strurture ol the Charlty Tru5tee5 glvetheir tlrne freely and no remuneratlon otherthan the reimbursement of reasonable travelling expenses was paid in the Year. They are a551Sted In the day-to4ay admlnlstration of The 08llwe Charities by a General Manager and an Office Manager who handle and proce55 all appllcatlons prlor to conslderatlon byiheTrustees. R¢l4ted Partles The Ogllvie Charitles acts as wrporate trustee for slx ofthe other Ogllvle ChaTltie5, these ore Deed No. I, Deed No. 2, the Charity of Mary Catherlne Ford Smlth. Estella Canziani'5 Legacyi the Margaret Chèmpney Restand Hollday Fund (John E Champney's Trust). the Straltened Clrcumstances119611 Fund. ststement ol Malor Rlsks The Trustees at each meetlng throughout the year re￿eW a sectlonl51 ol the rlsk assessment pollc¥: followlng dlscusslon these are updated andlor arnended as appropriate.

E OGILVIE CHA CHAR￿ABLE INCORPORATED ORGANISATION REGISTRAnON NUMBER: 1196197 REGISTERED SOCIAL LANDLORD NUMBER: A2819 NNUAL REPO OF THE TrUSTEes FOR THE Y R ENDED 31 DECEMBER 2024 CONTINUED ATEMENT OF TRUSTEes RespoNSIBILmES The Trustee5 are responsible for preparlng the Tr￿steeS. Re￿rt and the financlal statements In accordan￿ vthh appllcable law and Vnlted Klngdom AccouThtlThg Standards Iunlted KlnBdom Generally A¢￿pted Ac£oLtntln8 Practlcel. The law applicable to charitie5 in England and Wales require5 the Trustees to prepare financial statements for each financial year which give a true andfalrwewof thecharity andof the incorning resourcesaThd application of resource50fthecharityforthat period. In preparinÉ these financial Statements, the trustees are required to.. sele￿ sultable atcountlng p)Ikle5 and apply them ¢on51stentlv,' Observe the methods and prlnciple5 sn the Charltle5 SORP: Makeludgements and estlmate5 that are reasonable and prudent., State whether appllcable èccountln8 stsndards and statements of recommended practlce have been followed, sublectto any material dep8rturÈs di5c105ed and explained in the financSal statements,. and Prepare the financial statements on the 8oin8 concern bas55 unless It Is Inapproprlate tg presume that the charlty wlll conlnue In operatlon. The Tr￿tee$ are responslble lor keep5n8 proper accountlng records that dlsclose wfth ￿asOnable aceuracry at any tlrne the flnanclal po$ltlon of the charlty and whlch enable them to ensure that the flnanclal statements ttmpty wlth the Charhles Act 2011, thè Charltles (Accounts and Report51 Re8ulatlons 2008 and the provis5ons of the Trust Deed. The Tru5teesare also re5ponslble for safeguardlngthe assets of the chzrlty and, hence, lortallng reasonable steps for the preventSon and detection of fraud and other Irre8ularltles. The Tru5toes are re5pon51ble for the malntenwnce and Inte8rlty of the Charlty and flnanclal Inforrnatlon Included on the Charlty Commi55ion5 website. Le8lslatlon In the Unlted Kin8dom 8overnln8 the preparatlon and dlsseminètlon of flnanclal statements May dlfter from le8151atlon In otherlurlsdl¢rion$. Approved by the Trust￿$ on: Ok..,..a..o..2..%.... and sl¥ned on thelr behall by: Bellnda Grant-Trustee

INDEPENDENT AUDITOR'S REPORT TO THE YRUSTEES OFTHE OGILVIE cHAR￿lEs FOR THE YEAR ENDED 31 DECEMBER 2024 OPINION We have 3udited the linan¢ial statements of The Ogilvie charl￿e$ for the year ended 31 December 2024 which comprfse the Statement of Financial Activities, the 8alance Sheet and notes to the finanoal statemÈnts, Including a 5urnmary tsf signlflcant ¢countinE policie5. The finartcial reportlng framework that has been applied in their prÈparatlon is applicable law and United Kingdom Accountin8 Stsnd3rds, in¢luding FRS 102 The Nnancial Reporting Standard applicable In the LIK and Republic of Ireland (United Kingdom GenerallyAccepted Aicounbng Pratticel. In ouroplnion the financial staternents- give a true and fair view of the state of the Charivs affairs as at 31 December 2024, and of Its Incoming resources aThJ 3pplication of resources, i￿ludIng its income and expenditure. forthe year then ended,. have been properly prepared in accordan¢e with United Kingdom Generally Accepted Accounting Practtce.. and have been prepared in accordance with the requlrements of the CharitiesAct 2011. BASIS FOR OPINION We conducted our audit in accordance with International Standards on Auditing IUKI IISA'S (UK)) and applicable law. Our ponslbllltles under those standards are further described in the Auditorfs responsibilitie5 for the audit of the financial statements 5e¢tion of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the fin8nclal ststements in the United Kingdom. including the Financial Reporting Council's Ethical Standard, and we havÈ fulfllled our other Èthical responsibilitie5 in accordance with these requirements. We belleve that the audit evidence we have obtained Is sufficiont and appropriate to Provide a basls for our oplnion. CONCLUSIONS RÉLATING ro GOING CONCERN In auditlng the financial ststements. we have ¢oncluded th8t the tru5tee5' Use of the goinK ￿ncern basls of accountlng In the p￿paratIon of the fin3nc131 statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertaiThties relatin8 to events or conditions that, individually or collectively. may cast significant doubt on the chariW5 ability to continue as a going concern for a period of at least twelve months from vjhen the flnandal ststements are authorised for issue. Our responsbilities and the responslbllfties of the trusteeswlth respect to 8olng con￿rn are described in the relevant sectyons of this report. OTHER INFORMATION The otherlnformatlon comprises the information included in the tru5tees' annual report, otherthanthefinanclal statementsand our auditorfs report thereon. The trustees are Tesponsible for the other information. Our oplnlon on the financl81 statements does not coverthe other infomiatlon and we do not expre55 anylomi of assurance conclusion theTÈOn. Our responslblllty Is to read the oiher information and. in doing so, cortslderwhetherthe other Information is materially Inconsistent with the fin4nri41 stslernents or our knowledge obtsined In the coursÈ of the audit or otherwise appearsto be fflaterially rni5St8ted. If we idÈntify such m8teri31 incon51Stencies or apparent material misstatemÈnts, we are required to detÈrminÈ whÈthÈr thi$ 8lVÈS rise to a Tnaterial mi55taternent in the financial ststements thernselves. If, based on the work we have performed, we conclude that there is a materfal misstatement of thi5 Other information. we are required to reportthat fatt. We have nothing to rèKX)rt in ihi5 regard. MATfERS ON WHICH WE ARE REQUIREDTO REPORT BY EXCEPTION We have nothin8 to report in respect of the followlng matters In relation to whlch the Charitles IAccounts and Reportsl Re8ulatlons 2(%)8 require u5 to reportto you if. in our opinlon.. the infrmi8tion given in the trustees, report is inconsistent in any materia1 respett with thefirancial statements.. or sufflclent accounting retoid5 have not been kept- or the financial Statements are not in agreement with the a¢¢ounling records,. or we have not received all the informatlon and emplanatlonswe require for our audit.

INDEPENDE1￿ Auf)ITOIVS REPORr TO THE TrUSTEES OF ThE OGILVIE CTrLARITIES FOR THE Y DED 31 DE MBE 20 RESPONSIBILMES OFTRusfEts A5 explained more fulty in the Trustee< RespO￿bIlItIeS Statement on page 7, the tTU5tees ale responslble for the preparation of financial 5ts1ements and forbeingsatisfiedthat theygive a trueandlatr view. and forsuch internal COAtrol as thÈ trusiees determine is necessary to enable the p￿pa￿tiOn ol finanoal smements that are free from material misStateMer￿ whether due to fraud or error. In preparin8 the financial statements, the trustees are resw)nsible forassessing the awrivs abillty to mntinue as a 80ing concern, dlsclosing, as applicable, rnatters related to Eoingconcern ￿sIng the going concern ba515 of accountin8 unle55theirustees elther Intends to liquidale the Charhy orto cease operdtions, or have no realistic ahernative but to ￿ so. AUDITOR'S RESPONSIBiunES FOR THEAuorroFTHE FINANCIAL STATEMENTS We have been appointed as auditor under section 144 01 the tharlties Alt 2011 and rep)rt In ac¢ordarKe wlth the Act and relevant re8ulatSons made or ha￿n8 effect thereunder. Our Object￿e$ are to obtaln reasonable assurance atr%Lrt whether the financial staternents as * whole are free from materlal mlsstatemenL whether due to fraud or error, and to issue an audltorfs report that Include5 our opnion. Reasonable a55urance is hlgh level of assuraTh￿. but is not a guarantee that on audti condurted in accordance with ISAS IUKI will always detect a material mlsstaiement when It exlsts. MI￿tateMents can ar15e from fraud or error and are consldered materfal If. Indiv5dually or In the aB8regate. they could reasonably be expected to Irffluence the economlc dedslons of users taken on the basls of these flnanclal statements. Irregulars¢les. Includlng fraud, are Instances of Th)n-cornpliarKe wlth laws and re8ulation5. We de518n procedures In line with our responslbllltles, 0￿1￿ned above, to detect materfal mlsstsiernents ln respe¢t of srwularities. includin8 fraud. EXTENTTO WHICHTHE AUDITWAS CONSIDERED CAPABLE OF DETEcnNG IRAEGUiARmES. INCLUDING FRAUD The objectives of our audlt, In respect to fraud, a￿- io Identlfy and a55e5S the risks of matedal mSsstement of the flnanclal staternents dut to fraud; to obtaln sufflclent approprfate audlt evidEnce re8ardlng the assessed rlsks of materlal mlsstatement due to fraud, throu8h des18n1￿ and Implemeniing approprfate reswnses: and to ￿SpOnd appropr(aiehf io fraud or suspected fraud SdentlfSed durln8 the audlt. However, the prlmary reswn51blllty for the preventlon and dete￿On of fra￿1 rests wlth both those char8ed with 8overnaThce ol the entity ¥nd its mana8ement. Ourapproach was asfollow5'. We identllled areas of laws oThJ wulatlons that ctyjld reasonably be exFeded to have a materfal effect on the financlal 5tsternents Irom otsr generdl commerclal and sector experfence, and throu8h dlscusslon wlth the trustees and other mana8ement las required by auditing standards). aThJ dis¢ussed wth the tru5tee5 and other mana8ement the pollcles and procedures re8arding CoM￿lance with laws and re8uIK)ns,' We considered the legal and retulatory frameworks diredy 8pplicatAe to the financial statements re￿rtIng framework IFRS 102. the CompanlesP£t 2(￿. The Charltles Act 2011. UKGAAP I￿ludI￿ Chadties SORP IFRS 10211 andthe relevant tsx compllance ￿UlationS In the UK.. We consldered the risk of fraud through mana8ement override arKI In re5ponsei we IrKor￿rated testlng of manual journal entries into ouraudit approach throu8hout the fftnan¢ial year,. We considered the risk of through a55UrnPtions and IL￿ements used within the a¢countln8 e5tlmate5 and In response. reviewed and 5crutinised these estimates in order io detert P)55ible maTragernent bias.. We consldered the risk of fraud associated with the prepardtion of the financial ststements and in response. tested the d￿clOSUreS prepared winst relevant suppwtln8 documenktion. Based on this understsnding we desl8ned IM￿ audit wo¢edures to ident￿Y non-c0mpl1ar￿ with such laws and regulations. Where the risk wa$ considered to be higher. we performed audit pmtedures to address each identified fraud risk. These procedures Included.. testln8 manual journals,. reviewing the financial ststÈrnent d￿S￿reS and testing to Supporti￿ documeni8tion- perfomilng anatytical wo¢edures,' and enquifiW ol mana8ernenL and were deslgned to provlde reasonable assurance that the financial statements were free from fraud or error. Owing to the inherent lIm￿all0￿$ of an audit, there is an una¥oKlable risk that we may not have detected Some material rnlsstatements in the financial statements, even though we have property planned ar￿ perforrned our audit in accordance with auditing Standards. For example. the further rÈrnoved rK*rFcompliance with laws and regulations lirre8ularitiesl is from the events and transactions reflected inthe financial Staterner￿,the le55 likelythe Inherenttyf limit￿ procedures required byaudr(InKstandards would Identify it. The risk 153150 greater regardrng irregulaiitses ￿Urring due to fraud ratherthan error. asfraud involves intentional corKealment, forgery. colluw)n, omission or mlsrewesentation. We are not respjnsible for preventing non-compllarte and cannot be expetted to detect non%ornpliance wlth all laws and regulations.

io INDEPENDEKfAUDITOWS REPORT TO THE TRUSTEES OF THE OGILVIE CHARMES FOR THE YEAR ENDED 31 DECEMBER 2024 A fvrther description of our responsibilitie5 for the audtt of thÈ finartial 5taternents is l(K*ed on the Flnanclal Reporting CounciV5 webgte at.. www.frLor&Ukla￿jlt0TSre5ponsibllitles. Thi5 de5CriOion form5 part of our Rep)rt of the IndependentAuditors. E OF OUR REPORT Thi5 report Is made solely to ihe chaws tr￿tee$. as a tty)dy, in accordan￿ wlth Part 4 of the Charities IAccounts and Reports) Regulations2fM)8. Ourauditwork has been LtThJertaken so thai we mightstate totheth3rtVstrusteesthose matterswe are required to State to them in an auditorfs report and lor no other purpose. To the fullest ￿ent pemiiued by law. we do not accept or a55ume responsibility to anyone other than the tharity aT￿ the charl￿5 tntstee$ 05 a ix)dy, for our audtt worL for this report. or for the opinionswe have formed. TO 4trOLP TC GROUP srATUTORY AUDITORS Town Wall House Colchester Essex C03 3AD Date TCGroup Is ellglble forappolntmentas auditorof thecharitybtrf¥irtue of Its ellglbii1tyforap￿intMent&S atsditorof 3¢ompany under settion 1212 of the CompaniesArt 2CAI6.

li THE OGILVIE CHARITIES STATEMENT OF FINANCIALACTIVITIES FOR THe YEAR ENDED 31 DECEM8Eft 2024 Unrestrlcted And Rest¥lrted Fund5 O ilvie ritie5 Restrlrted Funds Llnk Charltles 2024 cio ote3 Total Comblned 2024 023 INCOME AND ENDOWMENT5 FROM: Oonatlons and le8acies Charftable Activitie5 Investment Incorne 524,088 524,088 454,581 326,404 1.305.073 504,845 435,768 292,540 454.581 80,935 245A69 769,557 TOTAL 535,516 1,233,153 EXPENDITURE ON: Ralslng Funds Charltèble ArtlvltlÈs TOTAL 3,879 1,221.134 1,225,013 66Z,(K12 662,1102 S65,413 565,413 1,227,41S 1,227,415 SURPLUSIIDEFICITI 107.555 129,8971 77,658 8,140 NETGAINSIILOSSESI ON INVESTMENTS 15 126,014 48,041 174,055 432,091 NEf INCOMEIIEXPENDITUREI 233,569 18.144 251.713 440,231 TRANSFERS BETWEEN FUND5 N￿MovEmENT IN FUNDS 233.S69 18.144 251,713 440,231 RECONCILIATION OF FUNDS.. Total Funds Brou8ht Fonvard 6￿9,105 3,967,052 10,806,157 10,365.926 Total Funds Carried Forward 7.072.674 3.985.196 11,057,870 10,806,157 All Incornin8 resources and resources expended derlve from coThtlnulng actNities.

THE OGIIVIE CHARMES BALANCE SHEET ASAT 31 DECEMBER 2024 Funds FurKts nked Charities 2024 Totsl Combined cio 2024 2024 2023 FIXEDASSErs Tangible F￿ed Assets InvestrneTrts 14.494 55OIA68 s￿15.952 2.1))8￿87 076.780 4J185367 1023.OBI 7￿78,248 9,601.329 2,056,430 7,404,193 9,460,623 CUARENT ASSErs Stocks Debtors and Prepayments Cash Ht Bank and in Hand 16 17 3.997 193,785 1,424.OTI 1,621.859 201.687 18.639 lJ84,ts9 102,810 L588.LMJ8 121N49 220.326 IA87 1.7(P3,457 CREDITORS: Amourts fallir¥ due with one year 118J39 150.167 170,92S NEf CURREpifASSErs 556.780 1559.zgo 1.450.934 TOTALASSEfS LESSCURRENT UABILrriES 7.071742 11,160.619 10.911.557 CREOlfORS: Amounts fallingdue after more than oneyear 681 101681 104.131 PROVISIONS FOR UA8ILmES AND CHARGES 1.269 TofAL NET ASSETS 7.072.674 3.985.196 IW7.870 10,806,157 CAPITAL AND RESERVES Endowment Funds Restrirted Fund5 Unre5trirted Funds 3W5.662 841828 96.706 3.045.662 I345￿76 6.666.632 3,012,279 1.353,886 6,439.992 10.806.157 SI3￿16 6559,058 7,072.674 3.985.196 11.057,870 Belinda Grant I TRUSTEES Eifvrfard Wright These a¢courts were approved bytheTru5teeson 2 1 0£. Zo L

13 THE OGILVIE (IIARMES CASH FLOW STATEMEPIT FOR THE YEAR ENDED31 DECEMBE Funds Restrided Funds Linked Charths 2024 Totsl Comblned ao 20Z4 2024 2023 NETCASH FLOW FROM OPERATING ACTMTIES Net Income/lExpenditurel Depreciation of Fixed Assets IGalnsl/Losses on Inve5trnents Dividends frorn Inve5trnents and Interest Oecreaselllncreasel in Stocks Decreaselllncreasel sn Debtors (Decreaselllncrease tn Creditors lexL LoarLsI IDecre3sellinuease in Provisions Cash Provided byllusedl ty OperatingActi¥ities .144 31.218 148,0411 (80.9351 251,n3 440,231 32.896 1432,0911 1292,5401 16381 127.012 1108.5751 18.3101 1242,0151 1126.0141 1245A691 1175 1272131 1174.0551 13268041 1,875 1265411 120W81 112011 1262.1521 672 16.048) 112011 I177.￿2) 184.99)1 CASH FLOW FROM INVESnNG ACTMnES Dividends from Investments and Interest Purchase ofTangible Fixed Assets Purchase of Investrnerbts Proceedsfrom Sale of Investments 245A69 80J35 326A04 292,540 114,3841 11,929,OC4)1 1.883,232 232,388 Cash Provided by/lU5edl by Investing Activf(ies 245069 80.915 326004 CASH FLOW FROM FINANChNG ACTMTIES Repayment of Loan5 Cash Used by Financin¥Artivtbes 143201 11.3101 11.3201 113ZOI 11,2021 11.2021 INCREASEIIDECREASEI IN CASH ANO CASH EIWIVAIEPIts 15375) 61932 110.8291 CASH AND CASH EQUIVALEiifsATTHE ENO OFTHE YEAR 185 IA24m7 .. '. 1.434.906 CASH AND CASH EQUIVALfpifsATTHE END OFTHE YEAR 101810 IA87AKP3 1,424,077 ANALYSIS OF CHANGES IN FUNDS NEfcASH- CASH AT BANKAND IN triAND At beginnin8 of the year Cash flow 1.434.906 110.8291 15.375) At end of theyear I384.￿9 IA87X 1.424.077 DEBT- HOUSING LOANS At be8innin8 of the year Cash flow 1105N511 {￿5.451) 1106.6531 1,202 At end of the year 1104.ull {104,1311 1105,4511 FUNDS At be8innin8 of the yÈar 1315m2 734 ,626 1.328,253 At end of the year 4199 la82A78 1.318,626

14 ThE OGILVIE CIIARMES N07ESTOIHE FINANCIALSfATEMEiirs FOR THE YEAR ENDED 31 DECEMBER 2024 ODucfioN The 08llvle Chartties Icharitsble Incorporated Organ￿￿1)n> acts as corporate tru#ee for of the other Owlwe Charitie5, these a Deed No.1. Deed No. 2. the Charityof Marycatherine Fordsmith. Estdlo Canziani's Le8aty, the Margaret Champney Rest and Holiday Fund (John E ChampThey's Tru5tl. the straiter￿d Circum5tance$119611 Fund. With effett from l January 2022 the actlv6ties. assets arhj Ilabllitles Of The 0811￿e Charities (Deed No.11, The OR(Ivle Charltles (Deed No. 21, the Charlty of Mary Caiherlne Ford Smlth. Estella Canzianl's Legacy. the Margaret Champney Rest and Holiday Fund ljohn E Ch3rnpney'5 Tnjstl. the Straltened ClrcL¢msiances119611 Fund. and The Paulena Edwards Education & Trainin8 Fund, which has subsequently been rernoved from the Ch4rity Commisgon wister of tharities. We￿ transferred to The Ogifvie Charities Icharitable InCor￿rated Of8aniSationl. Charity Re8istTrtion Number 1196197. All the otherogifvle Charltles have bten Ilnked toTheO851vltCharltles undera unttiwdlrectloffj thlstookeffettfrom ljanuary 2022. The Oglfvle Charltieslcharftable IrKorporated OrganIsath￿l1Sthe report1￿cha￿ty3Trdthesefina￿•al statemeThtsarethea88re8ation lorltselfand all of the otherlinked charitie& TheO8ikne0￿ritie5 Icharltable IncorporatedOrgan15ationl ￿discI0$ed a5acombination of unrestrlcted and restdcted funds. A5 the other Oglfvle Charltles are Llnked Charflles of the 08llvSe Charllles iaoi they are dlxlosed as restyiued funds of the cro ?$ required by the Charities Statement of Recomrnended Practice ISORPI and represent a combination of endowrnent, unrestricted and re5trlcted fvnd& The hou51n8 propertles are assets of The 0811￿e Charltle5 (Deed No.11 wtth the almshouse IrKome bel￿ ¢harftable actlvlty In¢orne of thlschar5ty. AnysurplusofThe OBll¥leCharltles IDeed No.11 Is transferred toTheOgIl￿e Charftles ICIOI by deed of 85ft In furtherance of Its objects, this 15 disclosed ITh the a88re8ated financial statements as income of the CIO and expenditure of the Linked Charitles. The followln8 accountlng p)Ikles have been ￿ed co￿lst¢ntty In deallw wlth Items whlch are ¢￿Idered materlal In Telatlon lo Ihe Charlt¥Ks accounts. The charfvs constliute putAl¢ benefft entitles as defined by FRS 102. The accounts hove been prepared In ac¢ordan¢e A¢countlng and Re￿rtIr￿ by Chafftles: Statement of Recofflmended Practl¢e150RPI appli¢able to ¢harities preparin8 thesr accounts in a(cordarKe ￿th the Flnandal Re￿rtIn6 Standard appllcable In the UK ènd Republlc of Ireland issued In October 2019. the Finandal Reportiry siandard appllcable In the Unlted Klngdom and Republlc of Ireland IFRS 1021, Iht CharltlesN£t 2011. and UK Ge￿ra1￿￿￿eWed A¢countln8 Prattlce. The accounts afe prepared uslng the hlstorkal cost accourrt[￿ rnles except that Investments afe slwi on the a•l•nce Sheei at thelr market value. The finandal staterner￿ are presented In 5terllNdwhi¢h ￿the￿n￿10Th11 currency of the chailty and rouNJed tothe nearest £. Component Accountlng Is not applied si￿¢ the ￿placement of those compjnents of the property whith have a shorter useful Ille than the maln stnKture is not¢èpitèlised Iwrtwwilten off asincurredto theGeneral Fundorthe Extraordinary Repair Reserve. Whllst ihls charfty Is a R*￿Stered Provider of Sooal IlousiNd frAlowlw the Issue of new SORPS lor both Charkies and Registered Provlders appllcable for accountln8 periods commertln8 on or after l January 2015, the accounts have been prepared In accordance with the Charity SORP IFPS 1021. Restrftted funds are funds received by the Charity for a specific purpose and can be used for that purpose. Unrestritted funds are available to spend on artiwtiesthat further any of the purposes of Charlty. Desl8nated funds are unre5trltted funds of the ¢haTity which the trustees have decided at theirdiscretion to set aslde to use for a specifk purpose. Endowment funds are non•pendable funds whi¢h are normally held indefinrtely. The accounts are prepared on the goi￿ con¢wn boys as there are Tr) material urKertaintie5 about the Charitvs ability to continue.

15 THE OGILVIE CHARITIES NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACC NTING POLICIES CONTINUED dl Income Incorne 15 re(￿nised when the Charity ha5 entitlement to the funds. any performance conditions attached to the itemlsl of income have been rnet, it is probable thatthe income will be received and the amount can be measured reliably. Income from governrnent and other 8rants. whether 'capital' 8rants or'revenue. grants. Is reco8nlsed when the Charlty has entitlement to the funds, any performance conditions attached to the grants have been met. it Is probable that the Income wlll be received and the arnount can be measured reliably and is not deferred. For leg3cles. entitlement Is taken 3S the earlier ol the date on which either.. the Charity is aware that probate h?5 been granted, the estate has been finallsed and notlficatlon has beÈn made by the executorlsl to the Charitythat a distribution will be made, or when È dlstribution Is rÈtÈivÈd fToTn the estste. Donations and other voluntary income are reflerted in the accounts for the peTiod in whith they are received. Donation5 in kind are recogni5ed by the Ch3rity when received exttpt in the case of services provided free or underwalue by voluntsry staff or other5 which are not reflected in the accounts. el Interest Aeceived Interest on fund5 held on detK)51t 15 included when receivable and the amount can be measured reliably by the Charity,. this 15 norrnally up)n notification of the interest paid or payable bythe Bank. Thditure Expenditure is reco8nised oTrce there is a legal or constructive obllgation to make a payment to a thlrd party. it Is probable that settlement will be required and the amount of the obllgation can be measured relialAy. alrs and Malntenance of Pro ertlÈs The char8es in the Statement of Financial Attivitiès in respect of Cyclical Maintenance and Extraordinary Repairs rÈflect the Trustees, ¢onst3nt concern to keep the properties in good condition and are in accord3nce with the A1rn5house A550ClatlDn re¢ommend8tion thatAlmshouse Charitie5 should Set aside each ye3rspecific sums in thi5 respert. Transfers are made frorn the General Fund each year to the Extraordinary Mainten)n¢e Fund to cover extraordinary repairs as they arise &nd to the Cyclical Maintenance Fund to cover rEp3irs which arise on a ryclical b851S. ort Cosls Support costs are those functions that assist the work of the charity but do not directly undertake charitable artivitie5, these relate to the headquarters staff costs, adrnini5tration and operatin8 expenses plus governance costs. which represents expenditure InCur￿dtO meetcompliance and statutory requirements, and are collectively known asThe Gatehouse. These cost5 are then allocated proportionately between Grant and Allowances and Almshouses on an estlmatioTh of the stsff time applied to these activities. 11 Pension Contributio The charity operates a defined contribution pension scheme. The assets of the scheme are held separately frorn those of the charity in an independently administered fund. The pension cost represents contrlbutlons payable under the scherne by the charlty to the fund. The charity has no liability under the scheme otherthan for the payment of ihose contributions. Ible FSxed Assets Housin Pro erties Properties included In the houslng propertles a￿ stated at cost. Plant and Machlne and Com uter E ul ment Expenditure of a capital nature costingles5than £SOO is notcapitalised butwritten off tothe5tatementof Financial Activitie5 as incurred. reci*lon Tangible fixed assets are depreclated on the stralÈht line or reducing IKlance method at rates Calculated ￿ wrlte off the cost of a55ets, less their residual values, overtheir estimated useful live5. The rates used are as follow5.. Houslng Properties are depreciated on the strdight line Tnethod to write off the assets overtheirestirnated useful liveswhich were consSdered to vary bÈtween 52 and 84 years from the Balancesheet date. IO% strÉight line 33.33% straight line Plant and Machinery Computer Equipment

16 THE OGILVIE CMARTfiES PIOTESTO THE FINANCIALSTATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2024 NTING POUCIES CONTINUED Investments Investments are 5howTh on the BalaTh￿ Sheet at their market value. Change5 In market values durfng an accountlng perfod are refletted In the accounts as Unreal￿e￿ gains or1055es. Upon dlsp05al of arb irwe5tment the difference between orlglThal cost and disposal proceeds Ss reftected tn the accounts as a realwl Kdin or loss and an adjustment is rnade to uThreali5ed gains or losses to revÈTse unrealised movements in value in earlieryears. Realised8ainsand lossesand unrealised 8ain5 and1055es a￿cOM￿ned aThd disclosed as net 8alns/llossesl on investments on the face of the 5tstement of FinarKval Actfvitie5 and revaluation gainslllossesl In the notes ¢0 the fina￿441 statements. ml Debtors Contributions and other de￿Or$ art wlsed at the settkment amount du& Prepayments are valued at the amouTht prepald net of anydlscounts du n) Cash at Bank Cash at bank and cash in hand includes cash and short term hi6hly liquid Investments with a Short rnaturity of three month5 or less from the date of acqulsition Oropeni￿ of the deposit or %milarac¢ount. ol CredStors and Provls10 Creditors and provisions are reco8nlsedwhere the Charlty has a presentobliga16on fesultln8 from a past event thatwlll probably result In thetransfer olfundstoa thlrd partyand theamount due to setdethe oL418atl¢)ncan be measured Of estlmated rellably. c￿dItorS and provlslons are normally recognlsed ai thelr settlement amounL I Instrume The Charity only ha$ financial assets and finarKial liabil￿e$ ol a kind that qualify a5 basic hnancsal instrurnents. easlc financlal Instruments are inltSally ie¢o8nlsed •ttnns•ctlon vaue substquentty measured at their $￿ement¥41Ut. q) IA¥ The Charity l$exempt from corporationtax on Irs chafitsble actI￿￿eS. UNRESTRicfEDAND REsTricfED FUNDS-OGILVIE CHARmEsiaoi und5 202 INCOME AND ENDOWMENTS FROM: Donations and le8acies Investment Irmme 524W $04,345 234.601 204.309 10.868 758.689 708.654 10 524.1188 245.469 769,557 $04,345 213.565 717.910 4.. 9.256 9.2 EXPENDITURE ON: Aalsing Funds Charftable Actlvitles 3,879 578,237 582.116 3,879 675,960 679,839 570.9 570x19 9L093 9L093 97,723 97.723 662.001 SURPLus/IDEFICffj 187.7ao 126.538 188.4671 107 38,071 NET GAINSIILOSSESI ON INVESTMÉII i￿221 318,962 5.793 11,Tr)2 126A114 329,964 NeT INCOMEIIEXPENOITURQ 3118m 445.5(K) 1744321 177.4651 368.035 TRANSFERS BThEN FUNDS Provlslons forthe year {￿.554) 187.1161 87.116 PIET MOVEMEKf IN FUNDS 217J47 358.384 222 9.651 231J69 368.035 RecoNauATION OF FUND&. Total Funds Broughl Forward 634L711 5.983.327 497.394 4B7.743 s￿.105 6.471.070 Totsl FundsCa￿led Forward 6￿59J158 6.341.711 513,616 497,394 7￿2,674 6,839.105

17 THE C￿ILVIE CHARMES NOTESTO IHE RNANCIALSTATEME FOR THE YENR ENDED 31 DECEMBER 2024 DONATIONS AND LEGAaES Unres1rkt￿ and Re5trirted Fund5 O Ivie Charilie5 fte5tricted Funds linked Charities Totsl Comblned 2024 ao 2023 2024 2024 2023 2023 Grftfrom 0g1￿e Charities (Deed No.1} Donations 5Z4m8 $03.2 1.145 524m W.345 524,088 503,200 1,645 504.845 500 524 INCOME FROM CHARITABiE ACTivmES Re5trirted Fur Restrbcted Funds nked Charikne5 Totsl Combined ao 2023 2024 2024 2023 2023 Almshouse Inrome Contributions Due Los%es from Voids 467,077 1133731 453.704 877 449,910 114.8801 435,030 738 467.077 1133731 453.704 8ri 449,910 114,8801 435,030 738 Guest Room Rents 454581 435.768 454.581 435,768 MENT INCOME Unrestrkted and Re5trt*ed Funds ihfie Charities cio 2023 Restrfcted Fund5 nked Charrties 2023 Totsl Combined 2024 2023 Dividends Re¢ewable from Listed Investments Bank DeFQ5it Account Interest Receivab 196.769 176.485 37.0 213.565 71.477 7.498 78,975 275 so￿36 326,404 247,962 44.578 292.540 IA36 .935 245A69 RAISING FUNDS Unrestricted and Restricted Funds O 'kne Chartties ao 2024 2023 Total Comblned Linked Charities 20 20Z3 Investec In￿trnent Managemertcosts 3￿79 3.879

THE OGILVIE CHARmE5 NOIESTOTHE RNANaALsfATEMEiirs ENDED 31 DECEMBER 2024 ExpeNDmJRE ON CHARITABLE ACTivmES RestrKted Funds ¥le Charit*s ao 1024 2023 Restricted Fund5 nked Charltles Z023 Total blned 2023 Gr41ts Ind AIlDwa￿¢S Gift to Ogilvie Charities ICIOI Grants to Institutions Grants to Individuals 524AI88 503.200 524.088 24200 37￿80 S85￿68 19,981 605,849 503.2C 32.500 32.561 568,261 18.466 586,727 242(K) 37J80 61.780 19381 81.761 32.5(XJ 32,561 65.051 18.466 83.527 524.(A8 503.200 S￿ppOrt Costs (note 91 524,1)88 503,200 Alm¥houseC0515 Salarie5 and wa8es Rates and Water U8ht and Heat Insurance Current Repalrs and MalnienarKe Cyclical RepaSrs E￿raordInary Repalrs Garden and Grounds MalntenarK• Careline Telephone Ind PrlnUn8 Sotial and Recreational Amenities Healthcare of Resldents aeanln8 Professlonal Fees Health and Saletv Sundry Expenses Bad Debts Written Off Loan Interest Depreclatlon 142ffi57 135.328 34.119 105.377 8,987 44,972 52,666 45.057 17.342 11,278 3.336 4.289 1.578 1.391 11.178 6.263 2,861 141657 25 87360 9,788 59,584 $3,003 135,328 34.129 105.377 8.987 44.972 52,666 45,057 17,342 11,278 3,336 4,289 1,578 1.391 11.178 6,263 2,861 611 10.141 32,896 529,680 104,727 634,407 87360 59584 S3.003 5.580 12,556 4.543 12.556 1275 L275 L811 15384 1354 1529 54 2529 611 10.141 31.133 41085 89 10.019 33.349 508.253 113,313 62L566 1.763 487.795 104,638 592.433 31.21B 41.237 467.016 iu,zzs 580241 Support Costs (note 91 41,974 661(W 675,9f￿• $65Ats $4S.174 1,217,415 1,221,134

THE OGILVIE CHARITies NO THEF NCIAL STATEMEN FOR THE YEAR ENDED 31 DECEM8E 201 SUPPORT COSTS Vnre5trlrted and Restrirted Funds O Ilvle Charltles cio 2024 2023 Re5trirted Fund5 ilnked Charltles 2024 ZOZ3 Yotal Comblned Z024 202 Headquarters Admlnlstratlon Costs Salarles and wa8es Rent Rate5 Light and Heal Insurance Repairs and Replacernent Equlpment Garden Malntenance Telephone and Internet Printin& Postage and Statlonery Software Llcences 5ubscrlptlons Sundry Expenses Bl.393 8,500 7Z6 4.514 722 165 70 1304 1.263 2.081 1.826 306 103,870 64,591 7,557 682 3,885 774 4.366 30 1,777 2,087 1,856 1,287 302 89,194 81,393 4500 726 4.514 711 165 70 2304 1,263 2,081 1,826 306 103,870 64,591 7,557 682 3,885 774 4.366 30 1.777 2,087 1,856 1,287 302 89,194 Govema#t¢ Costs Auditor5 RemuneratioTh Legal and Professlonal Fees Trustee5' Expenses Bank Char8es Exchange Rate Galns 17.652 8,032 3,564 88 20,760 7.550 3.701 91 1,808 123,104 17,65Z 8,032 20,760 7,550 3,701 180 1.808 123 193 89 176 133,206 89 133,294 The Support C05t5 are allocated as follows.. Grants and Allowances Almshouse Costs 19,981 113,225 133,106 18,466 104,638 123,104 19,981 113,313 133,294 18,466 104,727 123,193 89 89 88 10. N INCOME ÉXPEND EA Unrestrlrted Restrlcted Fu Charltl rlcled Fu Urbked Charttle5 2024 2023 cio 023 Comblned Thls Is stated after ¢har8in8'. Audlttsrfs Remuneratlon.. Audit Fee5 Accountarscy Fees and OtherServl¢es U,910 S.742 17.652 11,664 9,096 20,760 11,910 5,742 17,652 11,664 9,096 20,760 11. TRUSTEES REMUNERATION AND BENEFITS No trustees were remunerated the year ended 31 December 2024 orlhe yearended 31 Decernber 2023. rrustees, expenses include Trustees relmbursed travellin8 expense5 of £2.001 pald to ihe elghi Trustees durlng the year ended 31 December 20241£2.117 in 20231.

THE OGILVIE NOTESTO THE WNApiaAL sfATEMEf115 FOR niE YUR ENDED 31 DECEMBER 2024 IL STAFF C Restrkted Funds O "fvie Charitivs CK) 2023 Restricted Funds linked Choribes rotsl Comblned 2024 2024 2023 202 202 Wages and Salarfes Social security Costs Émployers Pens*)n Contribulbor I9?￿56 10.751 ISA43 224.050 184.227 9.015 6.677 199.919 197I56 10.751 15A43 I24￿50 184,227 9,015 199,919 èy Staff Costs are all0￿ed as follows.. Alrrishouse Costs HeadquartersAdmini5tration Costs 142.657 135.328 81393 64.591 224￿ 199.919 142M7 81393 224￿50 135,328 64.591 199,919 The average monthly number of employees durfn8the yeareThJed 31 0¢￿Itser 2024were: AdrnInlstr3￿ve Staff Housln8 Staff - 0851v5e Hornes and Ajmshouses HouslTh8 Staff -charles May House and Estella io io io io No employees recel¥ed emoluments In excessOf£60,C￿ durfngihe yearended 31 D￿ernber 202 The General Manager ¥nd Offi¢e Manayr are r¥arded a5 key manwment petsonnel and thelr wal empsoyee beneflts were £81,393 foi the year ended 31 December 2024. iy. Funds Fund Llnk Charitles 2023 ao 023 Comblned 2023 INCOME AND ENDOWMEPItS FROM: Donation5 and legacle5 Charftable Actlvitles Investment Income TOTAL 504.345 504,845 435,768 292,540 1.233,153 435.768 78.975 515.243 213.565 717,910 (PENDMIRE ON: Ralsln8 Funds Charitable Activltles TOTAL 3,879 675,960 679,839 3.879 1,221,134 1.225.013 545.174 545.174 38.071 129.9311 8.140 NETGAINSIILOSSESI ON INVEsfMENTS 329.964 102.127 432.091 14ETINCOMEII&XPENDIIUREI 368.035 72.196 440.231 TRANSFERS BEfwEEN FUNDS NFT MOVEME1￿ IN FUNDS 368,035 72.196 440,231 RECONCILIATKIN OF FUNDS: Total Fund5 Brought Forward Total Funds Carrted Forward 6,471.070 6.839.105 3,894.856 3.967.052 10.365,926 10.806.157

21 THE OGILVIE CHARITIÉS NOTES TO THE FINANCIAL STATEMEMfs FOR THE YEAR ENDED 31 DECEMBER 2014 14. TANGIBLE FIXED ASSETS Unrestrlrted and Restricted Funds Tie Charttres cio Total Plantand Machine Me 2023 COST At beglnning of the year Additions At end of the year 15,944 3,096 19,040 4,656 14,384 19,040 15.944 3,096 19,040 DEPRECIATION At beginning of the year Charge forthe year Ai end of the year 977 1,096 1073 IA38 1,035 2N73 2A15 2.131 4.546 652 1,763 2,415 NET BOOKVALUE At beginning of the year 14967 1.658 16.625 At end of the year 13.871 14.494 16.625 Restrlrted Funds Llnked Ch3ritie5 Housin Pro rties 2023 2024 COST At beginnin8 of the year Atend ofthe year 2,887.685 1887.685 2,887,685 2,887,685 DEPRECIAYtON At beginnin8 of the year Charge forthe year At end of the year 847,880 31.Z18 879.098 816.747 31,133 847.880 NET BOOKVALUE At beginning of theyear 2.039,805 2,070,938 At end of the year 2J)08,588 2,039,805 The housing properties insurance relThsktement value as at 30 June 2024 was £13.148.356. 15. INVEsfMÈNTS e5tritted and Restrlrted Funrf5 O [￿le Charltle5 ao 2024 2023 Restricted Fund5 Linked Charities 2024 2023 Total Comblned 2024 2023 Usted Investments Market value at be8innlTh8 of the year Additions at cost Disposal protred5 Revaluation gainslllossesl Marketvalue at end of the year 5.375,454 4,999.884 1,273,000 11,227.3941 329,964 5.375,454 2,028.739 1.926,450 656,000 1655,8381 102,127 2,028,739 7A04,193 6,926,334 1.929,OCK) 11.883.232) 432,091 7,404,193 126,014 5.501,468 48.041 2,076,780 174.055 7.578,248 The cost or valuatlon at the end of the year 15 represented bv.. C05t Accumulaied revaluation gains 5,157.122 344.346 5,501A68 5,157.122 218,332 5,375.454 1,969.270 107,510 2￿76,780 1.969.270 59,469 2,028,739 7,126.392 451,856 7,578.248 7.126,392 277.801 7,404,193

ILVIE NOTESTOTHE ANANCJAiSTATEMEiifs FOR THE YEAR ENDED310ECEMBER 2024 16. STIXKS Re5trirted Funds fvle Chari ao 2023 RertrictÈd Fun linked Charrtie5 2024 Total Combined 20 Stock of Heating Oil at Oli￿e Almshou Ill2 3,997 2,122 3,997 17. OENT PAYME Unre5trkted and Restrlcted Funds Sme Charltles rlded Fund linked Charill Tt)tal Contrlbutlons In Arrears Llnked CharltSes The 08llvle Charltles-clo Prepayments and knrued Income 5.256 4J03 107,605 500 107,918 220.326 5,256 117,063 500 70,966 193,785 107.605 117, 57.411 174.474 13.S55 19.311 201,687 18fv39 rkted Fun lfvk Charltles kted Fun nked Charltle5 2024 2023 Tot41 Combln•d ao 023 20 CAF B?nk Current Account CAF Bank Gold Deposli Account COIF DepositAccount Petty Cas 15y5 310.772 lJJ57.627 215 73,399 684,651 557,627 215 67*14 15,236 92,949 83.399 345,768 1.1157,627 215 88,635 777,600 557,627 215 IJ84,199 IA15,892 108,185 IN87.009 1,424,077 19. CREDITORS: amountsflnl due wlthkn one tILI. Fu e Charltbes 2024 2023 e5trfrted Fund ilnked Charltl 2024 2023 2024 2023 Orchardbrook Umlted Loan lsee note 211 Coniributlons ln Recefved In AthfarKe Trade Creditors Linked Chadtles The 08ilvie Charities- CIO Social 5eturity & OtherTaxes Accruals and Deferred IrKome 1.320 3.932 1,450 7.375 1574 1,320 3,932 8,W7 500 117,063 7375 I￿74 8.￿7 107ffj05 117.063 3.587 24.567 31228 3,587 27.076 150.167 37.561 46.068 09 2.542 124.857 40.103 170.925 118 939 20. CREDITORS: amo ts falls due In more than Unre5¢rkt¢d and Restrirted FurMIs ihfie Ch4rikne5 cio Restr1ft￿ Fvnds Unked Charities 2023 Trtsl Comblned Orchardbrook Limited Loan (see Th)te 211 102.681 104.131 102,681 104.131

THE OGILVIE CHARMES NOTESTO THE RNANCJALSfATEMEiirs FOR THE YEAR ENDED 310ECEMBEA 2024 2L LOANS Housing Loans originally from the Housiw Corporatton (r￿￿ known as the Regulator of Sotial Housingl hève been assigned to Orchardbrook Lirnited and are admtnistered by Unk Mortgage Services knmited. The loats a￿ se¢ured by specific ¢har8es onthe Chartvs houslng properties and are repayable at varyin8 rate5 of interest in I[￿alMents as follows= Restrirted Funds Charitses ao 2023 ReslrKted Funds nked (haritie5 Z023 Totsl Combined 2024 2024 2023 Due withift or year Due within one to two year5 Due within two tofive year5 Due in more than five year5 1,320 1.450 5.267 97.414 105.451 50 1593 5,788 95A( 104.tsl 1,320 1,450 5.267 97.414 105.451 5.788 953(M) lo4.￿1 21 PENSION SHORTFALL PRI)VISION The Pen$ion5 Trurt-TheGrowth Plan The Ogilvie Charities ICIOI participate5 ITh the xherne. a multi-Èmployer scheme which prnvides benefrts to some $21 non-associated participating employers. The scheme is a defined benefit scherne in the United ￿ngdOM. It is not possible for the Oyilvie Charities ICIOI to obtsin 5uffi¢ient information to enable ittoac£ountforthe s¢heTne35 a defined benefftscheme. The￿fOre it accounts forthe scheme as a defined contribution scheme. The scheme is 5ubjert to the funding legislation oudined in thp Pensions Att 2CN which came Into force on 30 Decernber 2(YJS. This, together wtth docurnents issued by the Pensions Regulator and Techntsl Aciuarial Standards issued by the Financial Reporting Council, set out the framework forfunding defined benefit(mipational pension s(knbes in the UL The scheme is dassified as a 'last-man standing arraryement.. TherÈforÈ the 0￿ritieS ICIOI is potentlally liable for other participating employers. oNigations if those eM￿0yerS are unable to meet thesr share of thÈ stheme deficit lollowtng withdrawal from the scheme. Participating employers are legally required to rneet their shatE of thE sitheme dÈfictt on an annuity purchase basis on withdrawal from the scheme. A full attuarial valuation for the scheme was carried OLrt at 30 Septhmber 2023. Th$ Wdluation showed assets of £514.9m. Ilabilities of £531.0rn ar￿ a deficit of £16.Im. To eliminate ths funthn8shortfall. the Ttustee hasasked the pattopaiing employersto pay additional ¢orttributionsto the scheme as follows= Defic￿ Contrtbutlons From IAprll 2025 to 30 September 2028.. £2,1Tr),(KA) perann￿ Ipayab]e monthly) Unle55 a coKes5ion ha5 been agreed with the Trustees the term to 31 March 2028 apFlie Note that the 5chetnd5 prewouswaluation was (arried out with an effecttve date of 30September 2020. Thi5 valuation showed a55ets of É8￿.3rn, lia￿litIeS of £831.9rn and a deficit of £31.6Fn. To eliTninate this funding shortFall. the Trustee has asked the participating employets to pay addrtionol contrib￿lOr￿to the sthemea5follos: From l April 2022 to 31 Marth 2025.. £3312,(￿ perannwn (payab￿ monthly) The recovery contrib￿￿￿5 are alhxated to each parbapaty￿ern￿Ow In Ilne theirestimated share ofthe Serie5 1 and Serfes 2 stherne li4bililies. Wherethe 5chemÈ is in deficttand wheretheOBifvie CharikneslaOI hasaereed toa defiatfuTrdingarrangernentthe Ogilvie CharttTes ICIOI recognises a liabilrty for this obligation. The arnount re(v8nssed is net present Wdlue of the defictt rÈduthon contrfbutlons payable under the a8reement ihat relaies to the defiot. ThÈ present vallk Is ol¢ulated ￿￿the discount rate detsiled in these dlsclosures. The unwinding of the dixount rate is reco8ntsed as a finance tOSL

THE OGILVIE NOTESTO THE FINANCIALsfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 21 PENSION SHORTFALL PROV1510N Present Values of Provlslon 2024 2023 Present value of provlslon 1,269 R•¢on¢lllatlo• olOpenlry¥nd aoslnB Prry4bsSDn5 Z023 Provlsion ￿ beglnnln8 of year Unwlndlng of the dlscount factor 1lnterertexpe￿l Deflc5t contrlbutlon pald Remeasurem¢nts- Impart of any than8e In assumptlon5 Remeasurements- amendrnents to the contrlbutlon schedule 1.269 9,S79 87 11,2021 7,193 ProvlsloTh at end of year 1,269 ststementofFlnandal Artmts lrnpod 2023 Interest expense RemeaSU￿rnents- of any change In assUm￿onS RemeaSU￿rnents-JMendMents to ihe COn￿b￿lOn scwule 87 7,193 A5sumpflons 202 Rate of dlscount 1% per annuml 5.31 The discount ratts shovm aL￿e are the equlval¢n¢ slngle discount Mes whi¢h, wh&) to dlscount th fvture recovery plan contrlbutlons dut. would 8lve the same resutts ¥$ a full AA corpornte boThJ yleld curve to dlscount the same recovery plan Contrlbutlons. The followlw schedule details thedefficit contrfbutlons aoreed beknveen the 08IMe Charltles iaoi and the Scheme at eath year eThd: Dth¢ltContrlbutlonsSchedu Year I Year 2 Year3 Year4 Year5 Year6 1,202 loo The Ogilwe Charities ICIOI murt recoEni5e a liabilitymeagjred asthe presentvalue of thecorbtrlbutions payablethat arise from the deficlt recovery a8reÈment and the resukinRe¥pen5e in the Staternent of ￿na￿ts1 Actlwtles l.e. the unwinding of the dlxount rate as a finante cost In the perlod In whlch kartse It Is these contributions that have been wed to deri¥etF* 08iMe th•ribes iaoi BalarKe Sheet liabilitv.

TrEOGILVIE CHARMES NANCIAL ￿ATEmEP1Ts FOR THE YEAR ENDED I DECEMBER 2 23. ANALYSIS OF NET BETWEEN FUNOS Netcurrent Assets le5$ Penslon Shortf&M Provlslo n5 Total The Otlfvle Charltles ICIOI Restrfrted Funds.. Extraordlnary Malntenance Fund Cycllcal M31ntenance Fund Unrestricted Fund$'. GeTherdl Fund 243.703 176.923 420,626 92.990 14A94 IV94 5257.765 5.50L468 ¥Z06,867 56.780 6,559,058 7￿￿,674 1681 Unkod Charl Endowment Funds.. Permanent End¢iwment Fund Property EqLtIty Reserye Restrided Funds.. Soclal Houslng Gr•rt Fund Bernard 5unley Foundation Grant Fund Quaker Houslng Trust Grant Fund Deed No.2 Grant Fund Unrestrlcted Fund5'. Charle5 May House Property ReseTh• General Funds 1076,780 3A59 186WI 1080.239 965,413 IASZJ03 621,488 36,120 36.12CI I￿10 181,620 itsA56 117?501 96.206 2A•)8J87 2,076.790 1100.1711 3,985.196 1023,Ci 7,578248 1.456 11,057,870

26 THE OfjILVIE CHARMES NOTES TOTHE FINANCIAL STATEMEi4rs RTHE ENDED 31 DE MBER 20 14, MOVEMENTIN FUNDS Trarthr 8etween Fund5 Net Transfer Mo¥ement Betwee In Funds Fund5 At 01ffj1.24 At 31.12.24 The OglhTbe Charltles iaoi Restricted Fund5'. Extraordinary Malnten8nte Fund Cydical Maintenance Fund Unrestrfcted Funds.. General Fund 393,277 104,117 121.4291 153,LX731 48.778 41176 420,626 92.990 6341.711 9.105 308mi 6.559,058 7m1674 Unked Char5t￿$ Endowment Funds.. Pemiènent Endowrnent Fund Property Equlty Reserve Restr5cted Funds: Soclol Houslng fjrnnt Fund Bernard Sut)ley Foundatim Grani FuThl Quaker Houslng Trust Grani Fund Deed No.2 Grant Fund Unrestrlcted Funds.. Charles May House Pfoperty Reser¥e General Fund 48,041 126,2011 0,239 965,423 980mi liJ43 19J751 16021 621.488 36,120 I84￿7 13,0271 181,6ZO 97,711 15,0161 3A41 1.320 96.206 a￿67￿51 ,144 3,985,196 10.W6.157 251.713 IIM57.870 The net movement In funds, Included in the abo¥eaf*asfollrNrt: Net oveme nFun Uf aln5 4 Th• 08lfvh Charltl•s iaoi Restricted Funds.. Extraordinary Malntenance Fund Cycllcal Malntenance Fund Unrestritted Funds: General Fund P8.0901 153.0031 5.793 121,4291 153,0031 570JOg 1662,M21 308,￿1 233,569 769.557 126.014 Unked Charldes Endowment Funds.. Pemianent Endowment Fund Property Equlty Reserve Restricted Funds.. Social Housing Grant Fund Bemard Sunley Foundation Grant Fund Quaker HouslngTrust Grant Fund DÈÈd No.2 Grant F￿nd VnrestrictÈd Funds.. Charles May House Property Reserve General Fund 48.041 48,041 126,2011 1262011 15J)X61 1534,1961 I565A￿l 15A1161 1,320 18,144 535.516 535516 48.￿1 11227A151 174,055 251,715

27 THE OGILVIE CHARlnES NOTESTO THE FINANCIAL STATEME FOR THE YEAR ENDED 31 DECEMBER 2024 24. MOVE ND UED Cornparatives for movements In funds Transfer Between Fund5 Net Transfer Movement Between In Funds Fund5 At 01.01.23 At 31.12.23 The Ogllvie Charities iaoi Restrirted Funds.. Extraordinary Maintenance Fund Cy¢lical Malntenance Fund Unrestri¢ted Funds.. General Fund 371,591 116,152 125,2361 152,2291 46,922 40,194 393.277 104.117 5,983,327 6,471,070 445,5 368,035 187,1161 6,341,711 6.839.105 nked Charttles Endowtnent Funds- Permanent Endovmient Fund Property Fqulty Reserye Restrirted Furtds.. Social Housin8 Grant Fund Bernard Sunley Foundation GTallt Fund Quaker Housing Trust Grant Fund Deed No.2 Grant Fund Unrestricted Funds-. Charles May House Property Reserve General Fund 1,930,071 994,759 102,127 126,1301 2.032,198 980.081 11,452 641.438 37,324 3.720 187,674 19,9751 16021 1601 13,0271 631,463 36,722 3,660 184,647 99,370 500 15,0031 1,202 72,196 3,414 11,2021 97,781 500 3,894,856 3,967.052 10.365,926 440,231 10,806,157 The net movement in funds, In¢luded in the above are as follows.. Inve5trnent GHin5 an sse5 Net Movement Incomin esources Resource5 Ex nded The Ogitvie Charrties ICIOI Restricted Funds.. Extraordinary Maintenance Fund cycl1￿1 Maintenance Fund Unrestritted Funds: General Fund 9,256 145.0571 152,6661 10.565 437 125,2361 152,2291 708,654 717,910 1582,1161 1679.8391 318,962 329,964 445,500 368,035 Unked Charitye5 Endowment Fund5'. Permanent Endowment Fund Property Equity Reserve Restritted Funds.. Social Housing Grant Fund Bernard Sunley Foundation Grant Fund Quaker Hou5ingTrust Grant Fund Deed No.2 Grant Fund Unrestricted Funds.. Charle5 May House Property Reserve General Fund 102.127 102,127 126,1301 126.1301 IS,CK131 1514,0411 1545.1741 15.0031 1,202 72.196 515,243 515,243 102,127 1,233.153 11,225,013) 432.091 440.231

THE OGILVIE cHAR￿lEs NOTES TO E FINANCI L STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ED The funds and reserves of The Ogilvie Charitle5 ICIOI are as follow5: Extfaordinary Maintenance Fund The Extraordinary Maintenance Fvnd is a restricted fund to coverthe cost of extraordinary repair5 as they arise. A transfer is rnade each year from the General Fund to the Extraordlnary Malntenance FuThd, details of how the transfer 15 calculated can be found in note 2181. Part of the Reserve Is speclflcally Invested wlth any Income and capltal growth In these investments added to the Reserve. Cydltal Malntenance Fund The Cy¢li¢al Malntenan¢e ReseTve is a restricted fund to cover the cost of cyclical repalrs as they arlse. A transfer ￿ made each year from the General Fund to the Cycllcal Malntenance Fund, details of how the transferls calculated Can be found Sn note 2181. General Fund The balance on thls Reserve represents accumulated surpluses of the Ch?rlty. The Reserve Is unrestrlrted and avallable for the gerteral purp05e5 of the Charity. Capltal 8rowth on General Fund Inve5trnents Is added to ihe Reserve. The funds and re5erve5 of the Llnked Charltles are as follow5: EThlowment Funds The Permanent Endowment Fund Ss permanent non-expendable endowment and 55 specifically Invested. Incorne from these Investments 55 avallable forthe general purposes of the Charlty. Capitsl 8rowth In the 5nvestrnents Is added to the Reserve. Property Evulty Rese The Property Equlty Reserve Is permanent non.expendablt endowment and represents the cost of the housSng propertles at the 08llvle Horne5, OBllvie Alrnshouses and E5tella House flnanced by the Charlts own resources. thls belng the net book value of the hous5ng propertle5 le55 the balance ol the outstsndin8 loan capltal In respect ol the 08llv5e Homes. Soclal Hou51n8 Grnnt Fund The Soclal Hou51n8 Grant Fund15 a restrlcted lund and repre5entsvarlou$8rants recelvedfromthe Houslng Corporatlon iotallln8£971,688 In connectlon w5th the varlous housln8 property Improvements at the 08llvle Home5, 08lfvle ￿MshoU$e$ and Charles May Hou$e less attributable depreclatlon charBed to éate. Bernard Sunley Foundatlon Grant Fund The Bernard 5unley Foundatlon Grant Fund Is a rÉstrlrtÉdfuThd and represents o grant of £SO.(W r￿1ved Inlhe year ended 31 December 2CtsJ In wnneciion wlth hou$ln8 property 5rnprovements at the ORllvle Homes less attrlbutable depreclatlon charged to date. quaker Hou$ln8 Trurt Grant Fund The Quaker HouslngTrust Grant Fund15 a restricted fund and represents a Brant of ÉS.￿0 receSved In the year ended 31 December 2(KKI In connectlon with hou51n8 property lrnprovernents at the Ogllvie Homes less allrlbutable depre¢latlon charged to date. Ogllvle Charftle5- Deed No.2 Grant Fund The 08ilvie Charities- Deed No.2 Grant Fund Is a restrfcted fund and represents 8rani$ recelved In the years ended 31 December 2000 and 2001 totalling £250.(K)O In connectlon wlth the housin8 property improvements at the 08llvie Homes les$ attrlbutable dep￿cIatIOn charged to date. Charles May House prope￿ Res•rv The Charles May House Property Reserve Is an unrestricted fund and represents the Cost of the housing properties at Charles May House flnanced by the Charitvs own resources. thls belng the cost of the housin8 propertles less attrlbytable depreclatlon charged to date.and lessthe balance of outstanding loan capltal In respect of Charles May House. GeDetil Fund ThÈ balance onthis Reserve representsthegeneral income lessexpendi(ure of the Charity. Anysurplus fortheyeari5yiftedtoThe o￿l¥le Charltles ICIOI.

29 THE OGILVIE CHARITIES IIOTES OTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 25. RELAT£D PARTY The 08ilvle Charltles ICIOI and the Ilnked ch3rltles, Deed No.1. Deed No. 2, Charlty of Mary Catherine Ford Smith, E5tella Canziani's Legacy. Margaret Charnpney Rest and Holiday Fund and Straitened Circumstances119611 Fund. are collectively known as Yhe Ogilvie Charitie5' The Oiilvie Charities ICIOI act5 as corporate trustee for the other Ogilvie Charities Ilnked charities. Durfng the year ended 31 December 2024 The OEllvle Charltles- Deed No.1 made a ￿ftloThe 08ifvie Charitles ICIOI of £524,088. At the Balancesheet dateThe Ogilvle CharStleslCIOI was owed £107,605 byThe Ogilvie Charltle5- Deed No.1 andthi5 amount 1$ Included in debtors and creditors respectivelv. At the Balance Sheet date £100 was owed to each of Deed No. 2, Chadty of Mary Catherlne Ford Smlth, Estella Canzlanl's LeRacv, Margaret Champney Rest and Hollday Fund and Straltened CSrcumstan¢es119611 Fund by The 0811￿e Charltles and the total amount of £5(Kl Is Included In debtors arsd credltors respe¢r1ve￿. 26. MITMENTS UNDE Restrlrted Funds Ilvle Char￿leS cio 2024 2023 Re5trlrted Funds Llnked Charltles 2024 202 T￿al 202 The total future mlnlmum lease ￿YMentS due under noTh-cancellable operatlng leases are as follows.. Due with5n one year 7,083 7.083 7.083 Z7. aAL COMMITMENTS Unre5trl ed and Re5trlrt Funds Ilvle Charttle5 cio 2024 2023 Unked Charltle5 2024 2023 2023 ALrthorlsed and Contracted fDr'. Replacement wlndows at Charfes May House External redecoratlon of the 08llvle Alrnshou5es 63,688 68.100 131,788 63.688 68,100 131,788 34,320 34.320 34,320 34.320 UENT EVENTS During the year ended 31rt December 2024 the trustees of the 08ilvie Charities ICIOI authorised the rÈplacement of the wlndows at the 08ilvie Almshouses with works to commence In the Spring of 2025, the cost of the project is estirnated to be in the ￿RIon of £450.(XXI to f500,0(K).

THE OGILVIE CHARMES UNKED CHARmÉs- SUMmNRY￿ATEME￿f OF FINApiaALACtiirynES FOR THE YEAR ENDED 31 DECEMBER 2024 Re5trirted Re5trirted Fund Fund Transfers Balances Balances Between Brou ht Carried Funds Forward Forward Charitabfe Net Donallorns Artivff¢ies Rak5 Gains and m5hoyses Invest￿￿nt Funds Grants and Almshouses on IrKome IrKome ￿ltUre Allowan diture In¥estmÈnts tharitsble Year Ended 31 December 20Z4 The Ogilvie Charities (Deed No.11 The Ogilvie Charities (Deed No.21 The Charity of Mary Catherine Ford Smith Margaret Champney Rest and Hollday Fund Estdla Canziani's Legacy Straitened Cir¢um5tance5119611 Fund *154581 15240881 1413251 48.041 3.966552 3.984.696 Iijo 100 100 11)0 100 ify) 80.935 1524,1)881 141J251 48.tmi 3,%7,052 3￿85.196 Èstricted Restrthd Fund Fund Balances Balan￿S Brou Carrled Forward Forward Charltsbl U￿ritablE Charltsble ActNrtie5 Net Gains and Transfers and Almshouses Irwestment nditure Investments Funds Year Ended 31 December2023 The 08ilvle Charities IDeed No.11 The 08ilvle Charitles IDeed No.21 The Charity of Mary Catherine Ford Smlth Margaret Champney Rest and Holiday Fund Estella Canziani's Legacv Straitened CIrcumstan￿S{l961I Fund 435,768 78.975 1503.2rKIl 141.9741 102,127 3.894.356 loo loo 3,966.552 Icxj loo 100 100 11 ICKI 435.768 78.975 1503,2¢xII 141,9741 102.127 3.894.856 3,967,052

ThE OGILVIE CHARITIES LINKED CHARrrIEs-BALAN￿ SHEET FOR THE YEAR ENDEO 31 DECEMBER 2 Flxed Assets Tan Assets shat Housl and Bank and Pro ertles InHand Investm men Credltors: Amounts edltors.. One Year One Yeat et A55 Year Ended 31 De¢ember2024 Deed No.1 Deed No.2 The Charfty of Mary Catherlne Ford smith Margaret Champney Rest and Hollday Fund Estellè Cani5anl's Le8aty Straltened Clr¢urnstance5119611 Fund 2.008,58B 2,076,780 18,138 100 100 100 100 100 102010 1118,9391 1102,6811 3.984,696 Ifj) Ifj) 100 100 100 2.008,588 2,076,780 18,638 102.810 1118.9391 1102,6811 3.985,196 The above net ossets are represented by the followin8 funds and reserves.. dow Unre le$ rmrd unle Foundatlo ntFu Permanent dowfflen Furbd Pro Soclal Housln Charltles Deed No.2 Grant Fund OU5e Trust rant Fund General Fund Total Funds ese Y•ar Ended 31 De￿rnber 2024 Oeed No.1 Deed No.2 The Charity of Mary Cather5ne Ford Smlth Mar8aret Charnpney Rest and HolSday Fund E5tella Canzlanl's Le8acy StraiteThed Circurnstsnce5119611 Fund 2.080,239 965A23 621A88 35,IZO 3,600 181,620 96,206 3J84.696 100 100 100 100 100 ith) i( i(K+ i￿) 2,080339 965A23 621A88 36.IZO 3,61KI 181.620 96.206 5(Kl 3285,196

E OGILVIE UNKEDCHARmES- BALA14CE SHEEr FOR THE YEAR ENDED 31 DECEMBER 2024 Creditors: Cr2ditOT5'. Sin Bank and thte withln One Year In mote than One Year NetAssets Year ErKled 31 D¢¢ember2023 Deed No.1 Deed No.2 The Charity ol Mary Qtherine Ford Srnilh Margaret Champney Rest and HolId￿ Fund E5tella Canzlani's Le8acv Sts3rf(eTred Clrcumstances119611 Fund 1039.805 2.028.739 18,811 108,185 1124,8571 1104.1311 3.966,552 IIK> 100 100 loo loo ICK) l(K) IIK) 1039.805 2.028.739 19.311 ILW.185 1124.8571 1104.1311 3,967,052 The above net assets are represented bythe followi￿ fund53nd reserves: End ent Sunds Unrestricted Funds Bemard Sumle Found Grant F Permanent Endowmerrt Fund Charit Deed No.2 Grant Fund House n House Trust Grant Fund General Fund Totsl Funds Reserve Grant Aeser¥e Year Ended 31 Oetember 20Z3 Deed No.1 Deed No.2 The Charity of Mary Catherine Ford Smtth Margaret Champney Rest and Hollday Fur* E5tella Canziani's Le83CV straltened Circumstsnce$119611 Fund 2,032,198 980.081 631,463 36.722 184.647 97.781 3,966,552 loo IOD loo loo IOD loo loo loo 100 2,032.198 980.081 631,463 36,722 184.647 97.781 3.967,052

33 THE OGILVIE CHARmES- DEED NO.1 AILED sfATEMEpif OF FINANaAL FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOMEAND ENDObVMeNTS DONATIONSAND LEGAOES 500 cHAR￿AB￿ACTm￿Es Contributiorts Due Losses from Voids 449,910 114,8801 435.030 738 1113r41 435.704 Guest Room Re￿ R￿1Ved 454yI 435.768 INVESfMEfrThINCOME Investec WÈalth & Investment DNidends COIF Income Share Dividends M&G Charifund Income Share Di￿dendS Dewsit AciDunt lrterest Receivable 1.795 38,169 25,297 13.714 39.0￿7 78.975 TOTAL INCOME 535516 515.243 EXPENDrruRE RAt51NG FUNDS Investec Invesknent Mavagernent Costs Grantsand ￿lOWanceS Giftto Theogilvie Charitie5 ICIOI 503.200 Almshouse Costs Bad Debts Written O Housing Loan Interest Deprwatio 611 10.141 31.133 41.885 .0 31.ZIB 41J37 SupportCosts-GoverThance Bank ChaTge5 89 41325 565A 41.974 545.174 TOTALEXPENDfTVRE NEf INCOMEIIEXPENDrruREI BEFORE GAINSAND LOSSES 129,9311 NEf INVE5fMEl￿ GAINSIILOSSESI 102.127 NETINCOMVIEXPENLXTUREI .144 72.196 TRANSFERS BEfwEEN FUNDS NE[ movE￿￿T IN FUNDS .144 72.196 RECONaUAIION OF FUNDS T￿81 Funds BrouBht Forward 3￿551 3,894,356 Total Fur￿ Carried Fon¥afd 3384,696 3.966.552 Thts pa8È th)es not form part of the stattstoryffinanaal statemer

THE OGILVIE -DEED DrrAIiED BALANCE SHEET AT31 DECEMBER 2024 2023 FIXED ASSErs Tangible Fixed Assets- Houslng Propertles Net Book Value ai the beginning of theyear Depwlation Charge for the year Net Book Value at end of the year 9JlS 31217) 2,070.938 131.1331 2,039.805¥' Llsted Investments Market Value at the beROnni￿OI the ytar Additions at tost Disposal Proceeds Galn/lL0551 on Revaluation Market Value at end of the year 1,926,450 656,000 1655,8381 102.127 Is￿1 2.076,780 4.08SJ68 2.028,739 4.068,$44 CURRENT ASSETS Debtors and Prepayments Contrfbutlons In Arrears Prepayments and Accrued Income 5.256 13.555 35 18.811 Cash at 8ankand Irb Hand rAF Bank Current Account CAF B•nk Gold Deposit kcount COIF Deposit A¢count lrtvestec Wealth & InvestmentAccounts 67,814 15.236 92,949 iou 108,185 126,996 CREDITORS: Amounts fallSng due wlth oneye•r Loans Contrfbutlons In Recelved In Advance The OgilvSe Charltles ICIOI Accnrals and Deferred Irwne 1.320 3.932 117.Q63 2.542 7375 124,857 2.139 NETCURRENT ASStTSIILIABiimESI TOTALASSEfs L£55 CURRENT UABIUnES 4J)87J77 4.070,683 CREDITORS.. AMo￿ts fallin8 due after nb)re than ￿ year Loans 102.681 3,984.696 104,131 3.966,552 CIPITAL AND RESERVES Endowrnent Funds.. Pemianent Endowment Fund Property Equlty Reserve 2,IW239 965A23 2,032.198 980.081 3.012.279 Restrf¢ted Funds: Sorial Hou5in8GraTht Fur 8emard Sunley FDunthtion Grant FuThJ Quaker Housing Trust Gr3nt Fund Deed No.2 Grant Fund 631.463 36,722 36.120 184.647 856.492 Unrestrlcted Funds.. Charle5 May House Property Equtty Reserve General Fund 96 97.781 97,781 3.966.552 . 4984.696 This pagedoes notforni part ofthethtuloryfinarKial statements

35 THE OGILVIE CHARITIES PROPERTY REVENUE ACCOUNT FOR THE YEAR ENDEO 31 DECEMBER 2024 GILVIE HO 2024 2023 INCOME Almshouse Incorne Contrlbutlons Due Losses from Voids 227,981 8,248 219,162 114,8801 219.733 204,282 408 Guest Room Rent Recelved TOTAL INCOME 220,301 204,690 EXPENDITURE Almshouse Costs Sal3rle5 and Wa8e5 Rates and Water Llght and Heat Insurance Current Repalrs and Malntenance Cyclical Repzlrs Extraordinary Repalrs Garden and Ground5 Malntenanc¢ arellne Telephone and Prlntln8 5ocl81 and Recreatlonèl Amenltles Health¢are of Re$idents Cleanlng Professlonal Fees Health and Safety Sundry ExpEnses Bad Debts Written Off Loan Interest Depreclatlon of Hou51n8 Propertles Depreclat5on of Plant and Machlnery Depreclatlon of Computer Equlpment 95,171 13.352 38,614 4,139 38,584 10,094 6.330 91,820 11,918 48,897 3,795 16,004 17,165 8,357 7,161 3,362 1.182 1,932 954 659 3.979 L759 L394 9B9 1130 1,161 1,610 1,496 611 8,179 20,987 086 21.045 383 TOTAL EXPENDITURE 247,834 246,473 DEFICIT FOR THE YEAR 127,5331 141,7831 Thls page does not form part of the ststutoryflnanclal statements

36 THE OGILVIE CHARITIES PROPERIY REVENUE ACCOUNT FOR THE YEAR ENOED 31 DECEMBER 2024 OGILV OVSES 1023 INCOME Almshouse Income Contributlons Due Losses from Volds 136,172 5,IZ51 132,753 131,047 310 132,753 330 Guest Room Rent Recelved TOTAL INCOME 131,357 133,083 EXPENDITUAE Almshouse Costs Salaries and Wages Rates and Water Light 8nd Heat Insurance Current Repalrs and Malntenan¢e Cyclical Repairs Fxtraordinary Repalrs Garden and Grounds Maintenance ca￿line Telephone and Printing Soci41 and RÈtreationÈl Amenities Healthcare of Residents Cleaning Profe55ional Fee5 Health and Safety Sundry Expenses Bad Debts Written Off Loan Interest Depreciation of Housing Properties Depreciation of Plant and Machinery Depreciation of Computer Equipment 20.23Z 11.220 35.721 3.681 5.864 39/88 21,277 10,141 40,642 3,388 7.684 35.5(X) 21.180 6,045 3,646 1,070 1,103 589 63 9.493 2.27S 1.149 3.668 L597 757 475 127 3,447 42 4.817 502 4.804 376 383 TOTAL EXPENDITURE 140.072 170.808 SURPLUS/IDEFicin FOR THE YEAR 18.7151 137,7251 This page does not form part of the statutory flnanclal ststements

37 THE OGILVIE CHARITIES PROPERTY EVENUE ACCOUNT FOR Tr1£ YEAR ENDED 31 DECEMBER 2024 CHARLES MAY HOUSE ZOZ4 2023 INCOME mshou5e Incorlle Contributions Due L055e5frorn Voids 81.372 76,493 81,372 76,493 Guest Room ReTht Received TOTAL INCOME 81,372 76.493 EXPENDITURE Alrnshouse G￿$ Salaries and Wages Rate5 and Water Light and Heat InsLFfdnce Current Repairs and Mainten8n¢e Cyclical Repairs Extraordinary Repairs Garden and Grounds Maintenance Careline Telephone and Printing Social and Recreational Amenlties Healthcare of Residents Cleaning Professional Fees Health and Safety Sundry Expenses ad Debts Written Off Loan Interest Depreciation of Houslng PropErties Depreciation of Plant and Machinery Depreclation of Computer Equipment zi 14611 8,146 1,527 9,188 786 17,796 11,215 9.390 1.399 14.760 3.164 3.505 3.302 3.052 954 35 509 1,685 2,037 216 501 11,937 474 167 1.934 5.016 594 267 1.962 S.￿3 178 TOTALEXPENDITVRE 70.622 75,020 SURPLusIIDEFicill FOR THE YEAR 10,750 1.473 Thi5 pa8e does not fomi part of the ststutoryfin?n¢lal staternents

THE I￿ILvIe CHARM PROPERTYREVENUE ACCOUNr FOR THE YEAR ENOED 31 DECEMBER 2024 20Z3 INCOME Almshouse lrtome Contribution5 Due Losses frorn Void5 51 21,502 51 21.502 Guest Room Rent ReceNed TOTAL INCOME 21551 21.502 EXPENDfWRE Almshouse Costs Salaries and WagEs Rate5 and Water Light and Heat Insurance Current Repairs MairrtenaKe Cyclical Repair5 Extraordinary Repair5 Garden and Grounds Maintenance CareliThe Telephorvè aThJ Printing Social and Recreational Amenities Heahhcare of Residents Cleaning Professlonal Fees Health and Safety Sundry Expenses Bad Debtswritten Off Loan Interest Depreciation of Houslng Properties Depreclatlon of Plani and Machinery Depwiation ofcomputer Equipmert 5A51 953 4A79 441 5347 1635 26.7K+ iii 4.435 855 405 6,524 15,520 834 1,218 269 300 160 341 341 339 TOTAL LYPENDMIRE 49.725 37.379 SURPWS/IDEFiiJn FOR THE YEAR P&1741 115,8771 pa8ethJe5 Tr)tforni part ofthe statLrtory ftnandal smements

OGILVFE 4JIARmES REVENUE FOR THE YEAR ENDED 31 DECEMBER2024 THE GATEHOUSE 20Z3 INCOME Donations and Legacles Irhvestment Income Dlvldends Recefvable from L55ted Investments Bank Deposlt Interest ReceSvable Royaltles 1.645 248.408 44.132 50W7 326A04 326A04 292,540 294,185 TOTAL INCOME EXPENDMIAE Ralslng Funds Invemrnent Mana8tmtnt Costs 3,879 Grants aNI AJl¢)waKe5 Grnnts to Instltution5 Grants to IndNiduals 242(Kl 37 32.5L¥) 32,561 61.780 65,061 Adrnln15tratlve Costs Salarles and Wa8es Rent Rates and Water LIBht and Heat I￿UranCe Curienr Rep•lrs aml MaiThtena￿e fjarden and Grounds Maintenance Telephone and Internet Prlntln& Posta8e and Statlonery Software Llcence5 Subscriptions Sundry Expen5e5 81393 64,591 7,557 4.$14 3,885 774 4.366 30 1,777 2.087 1.856 1.287 302 1,263 89,194 Go¥erThance Costs ALtrJltors Remuneratlon Le8al and Professlonal Fees Trustees. Expenses Bank Charges Éxchan8e Rate IGains)IL0$5•S I7￿2 8m2 20,760 7,550 3,701 180 1,808 176 29.424 195.074 33.999 192,133 TofAL EXPENDrruRE SVRPLV5 FOR THE YEAR 102.052 PROPERTY R£VENUE ACCOU1￿ SURPW¥IOEFICITSI Ogilvie H( Ogllvle ￿M$hoUSe5 Charfes May House Estella House I27￿31> 18.7151 141.7831 137,7251 1.473 115.8771 128.174 193.9121 8.140 ri,658 Realised InveS￿eTht Gairs/lL055esl Unreallsed Inve￿ment GainsllLossesl 366,182 65.909 174055 174J155 432.091 ￿￿INcOmE1{EXpEND[rUREl 25Lll3 440.231 This Page (bjes notfomi part of thestatutoryfinancSal statements