Trustees’ Annual Report for the period
From 24/11/24 Period start date To 30/11/25 Period end date
Charity name: Oakheart Foundation
Charity registration number: CE038323
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Oakheart Foundation exists to relieve poverty in Essex through providing funding and food support to organisations assisting those experiencing homelessness and financial hardship. The charity also advances education through the provision of funding and educational resources to primary schools, and supports amateur sports clubs and environmental conservation initiatives throughoutEssex. |
| 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 |
The charity achieves its objectives through grant making, community support initiatives and engagement with local organisations. During the period, the charity provided financial support to local sports clubs, purchased and distributed food to local food banks, and organised a careers fair at a local college to support and inspire young people considering future education and employment opportunities. The charity also continued to develop relationships with organisations operating across Essex that align with its charitable objectives. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit when exercising their powers and planning the charity's activities. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The charity provides grants to organisations whose activities further the charity's charitable purposes. Applications are considered by the trustees with regard to the level of need, expected impact, financial governance and the extent to which the proposed activity supports the charity's objectives. |
| Policy on social investment including program related investment |
Para 1.38 | The charity does not currently undertake social investments or programme-related investments. The trustees keep this position under review and will consider such opportunities where they are consistent with the charity's objectives and in the best interests of its beneficiaries. |
| Contribution made by volunteers |
Para 1.38 | The trustees would like to acknowledge the valuable contribution made by volunteers and trustees during the year. Volunteers assisted with the organisation and delivery of charitable activities, including the distribution of food to local food banks, support at community events and engagement with beneficiaries. Their contribution has enabled the charity to maximise the impact of its resources and further its charitable objectives within the local community. |
| Other | ||
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 | During its first reporting period, Oakheart Foundation successfully commenced charitable activities in support of communities across Essex. The charity provided grant funding to local sports clubs, helping them continue to offer sporting opportunities that promote physical health, mental wellbeing and community engagement. The charity also purchased food and distributed it to local food banks, helping to support individuals and families experiencing financial hardship and food insecurity within the local community. In addition, the charity organised and delivered a careers fair at a local college. Trustees and volunteers engaged with students to discuss career opportunities, provide guidance on employment pathways and share advice regarding future education and career development. This initiative supported the charity's objective of advancing education and helping young people make informed decisions about their future. The trustees believe these activities have made a positive contribution to the local community by supporting individuals in need, encouraging participation in sport and providing educational and career guidance to young people across Essex. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against | Para 1.41 | |
|---|---|---|
| objectives set | ||
| Performance of fundraising | ||
| activities against objectives | Para 1.41 | |
| set |
Para 1.41
Investment performance against objectives Other
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | During the period, the charity received total income of £10,954.45, primarily through commercial donations and donated services. Total expenditure amounted to £10,828.28, resulting in a surplus of £126.17 for the period. The majority of expenditure was applied directly towards the charity's objectives through donations to local sports clubs, charitable organisations and environmental causes, together with activities supporting local communities. The trustees are satisfied with the charity's financial position at the year end and believe that the charity remains well placed to continue delivering its charitable objectives. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity's policy is to maintain sufficient unrestricted reserves to meet short-term commitments and ensure the continuity of its charitable activities. As the charity is in its first period of operation, the trustees have prioritised applying available funds directly towards charitable purposes. |
| Amount of reserves held | Para 1.22 | At 30 November 2025, the charity held unrestricted reserves of £126.17. |
| 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 where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The charity's income is derived from donations, including support from corporate donors and donated services. The trustees will continue to seek funding from both corporate and public sources to support the charity's activities. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The charity does not currently hold any investments and has not adopted a formal investment policy. Available funds are held in cash pending application towards the charity's objectives. |
| A description of the principal risks facing the charity |
Para 1.46 | The trustees regularly review the risks facing the charity. The principal risks identified include maintaining sustainable levels of funding, ensuring effective stewardship of |
| charitable funds and maintaining compliance | ||||
| with charity law and governance | ||||
| requirements. Appropriate financial controls | ||||
| and oversight procedures are in place to | ||||
| mitigate these risks. | ||||
| During its first year, the charity focused on | ||||
| Other | maximising the proportion of funds applied | |||
| directly to charitable activities. The trustees | ||||
| remain committed to ensuring that future | ||||
| income is used efficiently and effectively to | ||||
| support communities across Essex. | ||||
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | The charity is governed by a CIO Foundation Constitution. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Oakheart Foundation is a Charitable Incorporated Organisation (CIO). |
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 | Trustee selection methods including details of any constitutional provisions The charity is administered by a board of trustees who are appointed in accordance with the provisions of the charity's constitution. The trustees are responsible for the overall governance, strategic direction and financial management of the charity. The constitution requires a minimum of two trustees. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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 |
New trustees are provided with information regarding the charity's objectives, governing document, policies and procedures, and their legal responsibilities as charity trustees. Trustees are encouraged to keep up to date with Charity Commission guidance and other relevant training opportunities. |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The charity is managed by its trustees, who meet regularly to oversee the charity's activities, finances and grant-making decisions. The charity works with a range of local organisations across Essex, including food banks, sports clubs, educational establishments and other charitable organisations, to further its charitable objectives. |
| Relationship with any related parties |
Para 1.51 | The charity receives support from corporate donors, including businesses associated with the Oakheart Property Group. The trustees ensure that the charity operates independently and that all decisions are made solely in furtherance of the charity's charitable purposes. Any conflicts of interest are identified, declared and managed in accordancewiththe charity's policies. |
| Other | As this was the charity's first reporting period, the trustees focused on establishing appropriate governance procedures, financial controls and operational processes to support the charity's future growth and charitable activities. |
Reference and Administrative details
| Charity name | Oakheart Foundation | ||
| Other name the charity uses | None | ||
| Registered charity number | CE038323 | ||
| Charity’s principal address | Unit 3, The Old Joinery | ||
| Maldon Road | |||
| Birch | |||
| Colchester | |||
| Essex | |||
| CO2 0LT | |||
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) |
|---|---|---|---|
| Daniel Mitchell | Chair | Fullyear Constitution |
|
| Darrell Nevard | Trustee | Fullyear Constitution |
|
| Anna Greenwood | Trustee | Fullyear Constitution |
|
– Corporate trustees names of the directors at the date the report was approved Director name Not applicable.
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| Not applicable. The charity does not hold any property through nominee or holding trustees. |
||
Funds held as custodian trustees on behalf of others
Description of the assets None. held in this capacity Name and objects of the Not applicable. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable. 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 |
||
| Accountant | FUZE Accounting Ltd | Unit 1 Brownoaks Barn, Alresford Road, Wivenhoe, Essex CO7 9JZ |
Name of chief executive or names of senior staff members (Optional information)
The charity has no employees. The charity is managed entirely by its volunteer trustees.
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not applicable.
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)Daniel Mitchell Darrell Nevard Position (eg Secretary, Chair, etc) Chair Trustee Date17/6/26 17/6/26 |
||
|---|---|---|
Section A Receipts and payments
A1 Receipts Commercial Donations Donated Services
Sub total(Gross income for AR)
A2 Asset and investment sales, (see table).
Sub total
Total receipts
A3 Payments Subcontractor Costs Office costs Accomodation & Meals Accountancy Fees Environmental Donations Sports Club Donations Charitable Donations
Sub total
A4 Asset and investment purchases, (see table)
Sub total
Total payments
Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
Section B Statement of assets and liabilities at the end of the period Categories
Page 1
B1 Cash funds
- B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the charity�s own use
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
Page 2
OAKHEART FOUNDATION
Receipts and payments accounts For the period from
| For the period | from | 24/11/2024 | |
|---|---|---|---|
| Unrestricted funds | Restricted funds | ||
| to the nearest | � |
to the nearest� | |
| 9450 | - | ||
| 1504 | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| 10954 | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| 10954 | - | ||
| 629 | - | ||
| 31 | - | ||
| 94 | - | ||
| 750 | - | ||
| 107 | - | ||
| 8367 | - | ||
| 850 | - | ||
| - | - | ||
| 10828 | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| 10828 | - | ||
| 126 | - | ||
| - | - | ||
| - | - | ||
| 126 | - |
Details
Page 3
Current Account
Total cash funds (agree balances with receipts and payments account(s))
Details
Details
Details
Details Creditors
Signature Picture Picture
Page 4
CE038323
CC16a
To
30/11/2025
| Endowment funds | Total funds | Last year | |
|---|---|---|---|
| to the nearest� | to the nearest� | to the nearest� | |
| - | 9450 | - | |
| - | 1504 | - | |
| - | - | - | |
| - | - | - | |
| - | - | - | |
| - | - | - | |
| - | - | - | |
| - | - | - | |
| - | 10954 | - | |
| - | - | ||
| - | - | - | |
| - | - | - | |
| - | 10954 | - | |
| - | 629 | - | |
| - | 31 | - | |
| - | 94 | - | |
| - | 750 | - | |
| - | 107 | - | |
| - | 8367 | - | |
| - | 850 | - | |
| - | - | - | |
| - | 10828 | - | |
| - | - | ||
| - | - | ||
| - | - | - | |
| - | 10828 | - | |
| - | 126 | - | |
| - | - | - | |
| - | - | - | |
| - | 126 | - | |
| Unrestricted funds | Restricted funds | Endowment funds |
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| to nearest� | to nearest� | to nearest� |
|---|---|---|
| 126 | - | - |
| - | - | - |
| - | - | - |
| 126 | - | - |
| OK | OK | OK |
| Unrestricted funds | Restricted funds | Endowment funds |
| to nearest� | to nearest� | to nearest� |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| Fund to which asset belongs | Cost (optional) | Current value (optional) |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| Fund to which asset belongs | Cost (optional) | Current value (optional) |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| Fund to which liability relates | Amount due (optional) | When due (optional) |
| -2250 | - | |
| - | ||
| - | ||
| - | ||
| - | ||
| Print Name | Date of approval | |
| Anna-Marie Greenwood | 16/06/2026 | |
| Daniel Mitchell | 17/06/2026 |
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