Charity re9istration numbÈT 200902 IEngland artd Walèsl
ADDERBURY FEOFFEE CHARITY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2024

ADDERBURY FEOFFEE CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
G Stèphen5
P A LÉem8n
E Frost
R E Cooke
M Clink8rd
E Simpson
S Peissel
S E Jelfs
L Wells
A J 8u¢hanan
S D Davies
Charity numbèr IEngFand and Wales)
200902
Independent examiner
Gravits Audit Oxford LLP
First Floor, Park Central
4Qk41 Park End St￿trt
Oxford
OX1 1JD

ADDERBURY FEOFFEE CHARITY
CONTENTS
Page
Chairman's Report
TfUStees' report
Independent examinels report
ststement ol financial activities
Balance sheet
Notes to the financial 8tstements
7-11

ADDERBURY FEOFFEE CHARITY
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Charity continues to support the communities ol Adderbury and Milton and has had another successful year. I
would like to thank all the trustees for their continued work in helping and identifying ways we can help our
community.
Educational Fund
£32.601 h25 beèn awarded this year to aicl the educational needs of the p8rish. With nearfy half this figu￿ being
8warded to young people going to universities and further educ8tion or apprenticeship.
Grants were also made to children going on school trips and learning experienees. The Charity Continues to support
Christopher Rawlins primary school and its children and funLling totalling £6,674 was paid in January to continue th&
upgrading of the schools IT offering.
We work closely with the heacj te8cher, in identifying children and their families who need extr8 SUPPOrt. We have
funded some children to attend the schools breakfast clubs.
In aUdthDn, we are fiJnding placès for children in holiday clubs run by High Flyers allowng working pa￿rnts extra
childcare in a safe and stmulating environment.
21 grants have been awarcled to those students in the village going on to further education or app￿￿￿CeshipS
tot811ing £14,500.
The uptake remains strong, and It is rewarding to be abl& tg make a diffèrenTr to young people s continuing their
education or launching inio their chosen careers.
Assistance Fund
Grants awarded £10.365
This year has seen the charity help Pdmilies Mrith children receiving free school meals. Parents who qualify receive a
top up of £10 per child per week for each week of the holidays. Vouchers worth £60 per child for the summer
holiclays to hèlp ensure that their children remain fed during the holiday period. This is in addition to government
funding which has been reduced. The charity repeats the vouchers at Chri5tm8s and Easter helping young children
and their families.
The Charity awarded grants to those who had a bereavement and supported them wth help towards funer81
expenses this totalled." £1,850
Additional grants lor Christmas were awardecl to the eldedy In the parish
Totalling.. £2,750
E¢¢lesiastical Fund
The churches ol St Marys and St Johns were awarded a totsl of £26,396.
St Marys ¢hurch ￿te1Ved £19.797
St Johns church received £6.599
These grants are awarcled in line with thè objects of the charity and gre there to help maintsin the fabric of the
church buildings.
The Gharity ts healthy and set for 8nother excjting year.
Our focus is to continue to increase the giving to further help those we are here to serve.
Chaim)an

ADDERBURY FEOFFEE CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trusteès present their annual report and financia5 statsments forthe year ended 31 December 2024.
The finantial 5tatement5 have been preparèd in accordance with the accounting policies set tsut in note 1 to the
finAncia5 statements and comply wittrt the charity's goveming document. the Charities Act 2011. FRS 102 'The
Finanaal Reporting Standard applicable In Ihe UK and Republic of IreS3nd' and the Charitr&s SORP "Accounting
and Reporting by Charities". Statement Df Recommended Pr8CtiTr appIl￿ble to charities preparing their acetsunts In
accord3nce with the Financial Reporting Standard applI￿￿]e in thè UK and Republic of Ireland IFRS 1021"
Objeetives and a¢tivities
The obj'ecbve of the charity 15 to distribute in¢ome from investrneni and 12nd to ecclesiastical, educabonal. and
poverty assistantr groups in the par15hes ofAdderbury and Milton.
Achievements and performance
The charity has continued io make the grants according tc> ils constitutson.
The charity has an èthical investsnent strategy In place wrth annual review. Ihe money is hekj in accounts which
yield an income thai we are distribuiing according to Dur constitution. Thè arnounts made as grants totallecj £69.362
wére given as follows.
Ecdesiastical dause £26.396
Educational clause
£32.601
Assistsnce clausè
£10,365
Financial revlpw
The attached financial ststements are for tt)e year ended 31st Detsmber 2024. The financial statements show
surplus for the year, beforè Investrnent gains, of £1.681 12022.. £26,195) after invesbnent gains. a surplus of
£455.55712023.' a surplus of £1,137,6181. The charity had funds of £11,482,64412023'. £11.027.0871.
Reserves policy
Money not spentwithin the yearwill be put in the acGumulats"on account to further graw lh& tharity's funds.
Risk Managèmont
The Trustees consider the significant iisks which the charity is exposed to and establish pro¢xsses to address
thes2. The main risk for the Gharity 15 considered to be managing the tr8nsib.on to an organisation which deal
with much MO￿ significant amounts of money, ensuring that they are invested appropriately to preseNe the charity
for generations to come.
Plans for future periods
The charity intends to ensure that the prweeds from the land Sale in 2019 continue to be invested effectively to help
ensure the chaity can continue to meet its objectives ift the future.
Stru¢ture. govèrnance and management
Adderbury Feoffee Charity is a registèrèd charity under the ChJrities Act. conSti￿le￿ by a charity cornmission
scherne and was registered by the Charity Commissi¢>n on 22 December 1961 (Registratson Number 2009021. 1t is a
eFtaritable irusL

ADDERBURY FEOFFEE CHARITY
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
The charity is administered by the Board of Trus'iees in accordan￿ with its constitution. Trustees are appointed to
the board based on their lotsl knowledge, good character. and any other applicable skills they can provide. The
Trustees thai held Offi￿ during the year are stated below..
G Stephens
P A Leernan
E Frost
R E Cooke
M Clinkard
E Simpson
S Peissel
S E Jelf5
L Wells
A J Bueh2nan
S D Davies
The Trustees have had regard to the guidance published by the Charity Commission on public benefit when
pEparing the report and Consider thai the public benefit criteria arè satisfièd by the charitable aim5 8nQ objective5.
The trustees.
report
s approved by the Board of Trustees.
S Peissel
Trustee
Date...w.l.o*..Iw..'

ADDERBURY FEOFFEE CHARITY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ADDERBURY FEOFFEE CHARITY
I report to the trustees on my examination of the finanei81 statements of Adderbury Feoffee Charity (the chartyl for
the year ended 31 December 2024.
Responsibilities antl basis of rèport
As the trustees of the charity YDU a￿ ￿spOnsible for thè preparation ol the financial ststesnents in accordan¢e witm
the requirements of the CharitiesAct 2011.
I report In respect of my examination of the ¢harity's financkal ststèments carrièd out undÈr section 145 of the
Charities Act 2011. In carying out rny examination I have followed thè Diréctions given by the Charity Commission
uncler section 145lSllbl of the Charities Act 2011.
Independènt examinevs ststement
Your attention is clrawn to the fact that the charity has prepared the fin8ncial statsrnents in accordance with the
relevant version of the Statement of Recommended Practice applicable to charities preparing thwr financial
statements in accordan￿ wth the Financial Reporting Standard 8pplicable in the UK and Republic of I￿land IFRS
1021 in preferen¢e to the Accounting and Reporting by Charities.. Statemeni of Recommended Fra￿1￿ Issued on 1
April 2005 which ks referrecl to in the extant regulations but has now beèn withdrawn. l understand that this has
be&n done in order for the finan¢ial $t8tèments to provide a truè and fair view in accordance with UK Generally
Accepted Accounting Practice.
I have CDmpletèd my èxamination. I confim that no matters h8ve come to my attention in Connection with the
examination giving me cause to believe that in any maleri81 respect.
accounting ￿e0rdS were not kept in respect of the thsnty as requirèd by section 130 tsf the Charities Act 2011.
the financial statements do not zccord with those ￿Cords." or
the financial st8tements do noi comply w(th the applicable wuiremènts eoncerning the fonn and Content of
finantti81 statements sei Dut in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that tho financial staternents give a true and fair view. which is not a matter considÈred as part of
an indep¢ndent examination.
I have no CDn*ms and have come acrDSS no other matters ift connection with the exarnination io which attention
should be drawn in this report in order to enable a proper undèrstanding of the financial statsments to be reached.
Gary Pready FCA
Gravita Audit Oxford LLP
First Floor, Park Central
4041 P8rk End Street
Oxford
OX1 1JD
Date-.

ADDERBURY FEOFFEE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Endtswmènt
funds
funds
2024
2024
Totsl Unrestrlcted Endowment
fund$
funds
2023
2023
Total
2Q24
2023
Notes
Incorne antl endowrnents from..
Invesiments
Other Incorne
113.079
4.972
113,079
4,972
110.782
572
110.7B2
572
Tolal income
118,051
118,051
111.354
111.354
Expenditure on:
Raising funds
Charitable adivth2S
45.653
7D.717
45,653
70,717
24.768
60.391
24,768
60,391
ToLIl expenditurè
116,370
116,370
85.159
85,159
Net gainsllli)s$esl on
investments
10
453,878
453,876
1,111,421
1,111,421
Nèt income and movement in
funds
1,681
453,87S
455.557
26.195
1,111.421
1,137.616
Reconciliation of funds..
Fund balanees at 1 Janusry
2024
84.707 10,962,380 11,027,087
38,512 9.85D,959 9,889,471
Fund ba18n¢e$ at 31
December 2024
66,388 11.416,256 11,482.644
64,707 10.9S2.380 11,027.087
Thè ststemènt ¢>f fin$ncial activities indudes all g3ins and losses recognised in the year. ￿1 income 8nd expenditure
derivè from continuing actvities.

ADDERBURY FEOFFEE CHARITY
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Investments
12
11.416.256
10,962.380
Current assets
Debtors
Cash at bank and in hand
13
2.S75
71.811
1.975
65.530
74,386
67.505
Creditors: amounts fallin9 due within
one year
14
17.9981
12.7981
Net current assets
66,388
64.707
Totsl assets less current liabtlities
11.482,644
11.027.087
The funds of the charity
Endowment funds
Unrestricted funds
11.416,256
66,388
10.962.380
64,707
15
11.482,644
11.027.087
The financ
statem
ts were approved by the trustees on .........................
S Peissel
Trustee

ADDERBURY FEOFFEE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity inforrnation
Aclderbury Feoffee Charity is a chsrty registered wth the Charity Commission in England and Wales Icharity
no. 2009021. It is a public benefft entity
The wistered public addres5 is The Bam, Croft Lane, Adderbury, Banbury, OX17 3NB. TEtp n8ture of the
charity's operations and activities are detailed in th2 Tru5t¢e's repori
1.1 Ac¢ounting convention
The financial statements are prepared under the historical cost convèntion, with the eX￿ptIon of Investmènts
which 3re included at market valuè. The financial st8tements have been prepared in accordance with
Accouniing and Reporting by Charits"es." Statement Df Recommended Practi￿ applicable to d)arities preparing
their financial statements in 8¢cordance with the Financial Repo￿n9 Stand8rds applicsblè in thè UK and
republic of Ireland IFRS 1021- (Charities SORP IFRS 1021, #nd the Financial RepDrting St8nd8rd applicatAe
in the UK ènd Republic of IreSand IFRS 1021
The finanaal statements have departed from the Cha￿tieS (Accounts ar￿ Reports) Regulations 2008 only to
the extent required to provide 8 true and tsir view. This deparrure has invofvèd followng the Statement of
Recommended Pracbce for charities applying FRS 102 rather than the version of tho Stat¢rnent of
Recotnrllended PractiTr which Is referred to in the Regu181ion5 but which has Sin￿ been withdrawn.
Th? finanual statsments are prepared in sterting, which is the functional cur￿ncY of the charity. Monetary
amounts in these financial statements are rtsundèd to thè nèarèst £.
1.2 Going concern
The financial statsments have been prepared on a going COn￿M basis. Thè Trustees ¢tsnsi4ttr that there a
no material uncertainties about the charity's ability to continue as a going concern.
1.3 Charitsble funds
Unrestricted funds are 8wailable for use at the discretion of the trustees in fUrther8rn￿ of their charitable
objeotives.
Restricted can only be used for particubr resiricted purposes within the objectives ol the charty. Any
such income unexpended at the year£nd is shown as a restricted fund in the balan￿ sheet.
1.4 In¢ome
All income is included in the Statement of Financi81 Activities ISOFAI when the eharity is legally ent￿ed to the
Income and the arnDunt can be quantified with reèsDnable 8ccuracy. No amounts are Ineluded in thè financial
statements for 8eNices don8ted by volunteèrs.
1.5 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
311 costs related to the catègory. Where costs cannot b2 dirècuy 3ttnbuted tc) particular headings they have
been 3110)cated to adivities on a basis consistent with use ol the reSoUr￿s.
Grants and donations are made in order to pursue the objectwe5 Of the ¢h8rity.
1.6 Fixed asset investmerEts
Investnents are stated at rnarket value on the b8lanTr sheet date. The SOFA indudes the net g8in5 and
losses arising from revaluations at year end and disposa15 during the year.

ADDERBURY FEOFFEE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 37 DECEMBER 2024
Critical accounting estimattrs and judgem6nts
In the application of the chaiity's accounting policies, tho trustees are required to make judgements, estimate5
and assumptions abDUt the Carrying amount of assets and liabilikn.es trat are not readily apparent from other
sources. Thè estimates and assouated assumption$ a￿ based on historical experience and other factors that
are considerèd to bè relevant Actual results may differ trom these estimates.
The ests'mates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estirnates a￿ recognised in the pèriod in which the estimate is revised where the revision affeets only that
period, or in the period of the revision future periods where the revision affects both current and futu
period5.
There were no specific judgements, estimates and assumptions that were critical to the preparation of thes
financial statements.
Income from investmènts
Unrestri¢tsd Unrestricted
funds
funds
2024
2023
Investrnent income
113,079
110,782
Other income
un￿triCtsd Unrestricted
funds
funds
2024
2023
Other incorne
Rent
533
4.439
572
4.972
572
Expenditure on raising fun(ts
Unrestricted Unrp$trictsd
funds
funds
2024
2023
Trading costs
sllp￿rt costs
45,653
24,768
Induded in the support CDsts is £6,097 of Legal and Professional fees 12023.. £1,811), and £g.500 of rent
12023." £9,50DI

ADDERBURY FEOFFEE CHARITY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on Charitsble activitiÈs
Total
2024
Total
2023
Direct costs
GranL funding of actiV￿e$ (see note 71
70,717
60,391
Analysis by fund
UnrestliGted funds
70,717
60,391
The indèpéndent examinérs rèteived £2.900 during the year12023.. £2,700).
Grants payable
Totsl
2024
Total
2023
Grants to institutions..
Chrigtopher Rawlins CofE Primary Sehotsl
St Mary's Adderbury
St J(>hn thè Evangelist, MTlton
High Flyèrs
Oxford Dioeesan
3,94T
19,797
6,599
4,000
6.874
22,372
7,453
41,017
29.825
Grants to individuals
29,700
30.566
70.717
60.391
Trusiees
None of the trustees lor any persons connectsd with them) reTrived any rÈrnunèration during the year1202&
reimbursed £1201.
Employees
2024
Number
2023
Number
Totsl
There were no Èmployees whose annual remuneration was more than £60.000.

ADDERBURY FEOFFEE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEJVIBER 2024
10 Gains and losses on investments
Endowment Endowmènt
funds
funds
2024
2023
Gainslllossesl arising on..
Revaluation of investments
453,876
1.111.421
11 Taxation
The Gharity is exempt trom taxation on its activities because all its income is applied for charitable purposes.
12 Flxed asset investmènts
UnlistetJ
itivestments
Cost or valuation
At 1 January 2D24
Valuation change3
10.962.380
453.876
At 31 Dècern)er 2024
11,416.256
Carrying amount
At 31 Decernber 2024
11,416,256
At 31 De¢ember 2023
10,962.3BO
13 Debtors
2024
2023
Amounts falling dut within one year-
Other debtors
2,575
1,975
14 Creditors: amounts falling due within one year
2024
2023
Accruals and de12rred income
7.998
2.798

ADDERBURY FEOFFEE CHARITY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
15 UnrestrScted funds
The unre5tri¢ted funds of the ¢hatity umprisè the unexpended balances Trf donations 2nd grants whith are
not subject to Spe￿fiC conditions by donors 8nd grarnto￿ as to how they may be used. These include
designated fund5 which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l January
2024
Incoming
resources
Resources
expended
At31
Deeember
2024
General fvnds
64,707
118,051
1116,3701
66.388
Previous year..
At 1 Jar¢uary
2023
Incoming
resources
Resources
expended
At31
December
2023
Gèneral funds
38.512
111,354
18S,1591
64.707
16 Analysis of net assets betsveer¢ funds
Unrestri¢tsd Endowment
fuftds
tunds
2024
2024
Totsl
2024
At 31 December 2024..
Investments
Current assetsllliabilitiesl
11,418,256
11,416.256
68,388
66,388
66,388
11,416.256
11,482,644
Unrestricted Endovmient
funds
funds
2023
2023
Totsl
2023
At 31 Decernber 2023=
Investments
Current assetsllliabilibesl
10,962,380
10,962.38D
64,707
64.707
84.707
10.962.380
11.027,087
17 Rèlatsd party transactions
One of the trustses was paid £g.$00 in his role as lancllord12023". £9.SODI.