## **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
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3
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5
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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
**Date**17/6/26
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| Page 5 |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| Page 6