## **Trustees’ Annual Report for the period**
**Period start date: 22 May 2023 Period end date: 31 July 2024**
## **Charity name: Oxbridge Foundation**
## **Charity registration number: 1203195**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**For the public benefit to promote the**
**education of Ukrainian students by**
**awarding scholarships and grants to**
**enable them to study in Cherwell**
**College Oxford with progression to**
**leading universities in uk and usa.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Hold events in order to raise money and**
**receive donations.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees of the foundation**
**acknowledge they have read and**
**understood the guidance on being a**
**charity Trustee as provided by the**
**Charity Commission**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**The charity will make grant applications**
**on behalf of other charities and if**
**successful will pass that funding on.**|
|Policy on social investment
including program related
investment|Para 1.38|**The charity does not currently have a**
**social investment policy**|
|Contribution made by
volunteers|Para 1.38|**The foundation is a totally volunteer run**
**charity.**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**In the first financial period the**
**Foundations aim was to raise**
**awareness of the foundation and**
**received significant press attention**
**within Oxford.**
**The Foundation also held a gala dinner**
**as its first fund raising event.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**The objectives for 2023/2024 was to**
**raise awareness, which the trustees feel**
**has been achieved and to have one**
**fundraising event which was achieved**
**although not as successful as hoped.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**The first Gala dinner did not generate**
**the income the trustees had hoped but**
**the the charity was able to secure a**
**large donation in order to cover costs**
**and look to plan another event.**|
|Investment performance
against objectives|Para 1.41|**We are not yet in a position to set**
**investment objectives.**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**We held £60,547 in cash funds and**
**Debtors of £30,000 with liabilities of**
**£44,441**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**A reserve of £10,000 is to be held to**
**guarantee that all liabilities and**
**administrative costs can be met.**|
|Amount of reserves held|Para 1.22|**£51,755**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**In the 2023/24 year the principal source**
**of funding was a donation.**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**The charity does not currently have an**
**investment or social investment policy.**|
|A description of the principal
risks facing the charity|Para 1.46|**The Foundations biggest risk is that**
**events fail to generate the income**
**needed to fulfil the charities obligations.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**The Foundation is governed by a**
**constitution.**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**The Foundation is a Charitable**
**Incorporated Organisation.**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are appointed annually at the**
**AGM by members. Each year one third**
**of the trustees retire from office and**
**need to be voted back in by the**
**members. Trustees retire on a rotating**
**basis and are selected from those that**
**have served the longest.**
**Additional trustees may be appointed**
**during the year by vote of trustees as**
**they see fit.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**There are currently no procedures in**
**place**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The Foundation is an autonomous**
**charity managed by the trustees.**|
|Relationship with any
related parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|**Oxbridge Foundation**|
|---|---|
|Other name the charity uses||
|Registered charity number|1203195|
|Charity’s principal address|Oxbridge House
Osney Lane
Oxford
OX1 1BZ|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Stephen Clarke|Chairman|||
||Helen Clarke|Trustee|||
||TobyMorris|Trustee|||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Stephen|Clarke|
||
Chairman||
||
27/05/2025||
||
27/05/2025||
## **Profit and Loss**
Oxbridge Foundation For the year ended 31 July 2024
|**Account**|**2024**|
|---|---|
|**Turnover**||
|Donations|103,194.33|
|Event Tickets|15,000.00|
|**Total Turnover**|**118,194.33**|
|**Cost of Sales**||
|Event Costs|41,844.96|
|**Total Cost of Sales**|**41,844.96**|
|**Gross Profit**|**76,349.37**|
|**Administrative Costs**||
|Advertising& Marketing|2,000.00|
|Bank Fees|223.54|
|Charitable Donations Made|500.00|
|Consulting|20,000.00|
|Legal Expenses|1,786.19|
|Postage,Freight & Courier|21.00|
|Subscriptions|63.51|
|**Total Administrative Costs**|**24,594.24**|
|**Operating Profit**|**51,755.13**|
|||
|**Profit on Ordinary Activitie **|**51,755.13**|
|||
|**Profit after Taxation**|**51,755.13**|
## **Balance Sheet**
Oxbridge Foundation As at 31 July 2024
||**Account**|**31 Jul 2024**|
|---|---|---|
|**Current Assets**|||
||**Cash at bank and in hand**||
||Oxbridge Foundation|60,547.06|
||**Total Cash at bank and in hand**|**60,547.06**|
||Other Debtors|30,000.00|
|**Total Current Assets**||**90,547.06**|
|**Creditors: amounts falling due within**||**one year**|
||Accounts Payable|44,441.28|
||VAT|(5,649.35)|
|**Total Creditors: amounts falling due withi**||**38,791.93**|
||**Net Current Assets(Liabilities)**|**51,755.13**|
||||
||**Total Assets less Current Liabilities**|**51,755.13**|
||||
||**Net Assets**|**51,755.13**|
|**Capital and Reserves**|||
||Current Year Earnings|51,755.13|
|**Total Capital and Reserves**||**51,755.13**|
## **Independent examiner's report on the accounts**
**Section A**
**Independent Examiner’s Report**
**Report to the trustees/** Oxbridge Foundation **members of On accounts for the year** 31 July 2024 **Charity no** 1203195 **ended (if any) Set out on pages** Statement of Income and Expenditure and Balance Sheet
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2024.
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Signed: Date:** 28/05/2025 **Name:** Charles J Rush, BA MSc FCA **Relevant professional** FCA **qualification(s) or body (if any): Address:** Woodstock Accountancy 3A Market Place, Woodstock, Oxon OX20 1SY
**October 2018**
1
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**October 2018**
2
**IER**
## 1a - Oxbridge Foundation 2024 Report and Accounts
Final Audit Report 2025-05-28 Created: 2025-05-27 By: Woodstock Accountancy (info@woodstockaccountancy.com) Status: Signed Transaction ID: CBJCHBCAABAATVO9CHGhHALGworloWhUvqA7VS2FoF3s
## Final Audit Report
## "1a - Oxbridge Foundation 2024 Report and Accounts" History
Document created by Woodstock Accountancy (info@woodstockaccountancy.com) 2025-05-27 - 17:19:29 GMT
Document emailed to Stephen Clarke (stephen@cherwell-college.co.uk) for signature 2025-05-27 - 17:19:34 GMT
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Stephen Clarke (stephen@cherwell-college.co.uk) entered valid password assigned by the sender. 2025-05-27 - 17:24:05 GMT
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Agreement completed.
2025-05-28 - 07:53:02 GMT