VQS3F103M
2023124
Th@ os @OWSQ
OXIFAM

CONTENTS
STRATE61C REPORT
49
(kn9lobalf¢wnt
PLAMS
S3
¢￿)ndexpen￿￿We headllre5
2$
C4liryfctdKnate Jwbce
$ly¢et
65
65
PUBUCEN6ASÉIEir
35
IIIDEPEMDEMT AuDifows REPORT
Re5pwblelw¥*a
70
1NSPI*QTR￿r
DE*6A6E
42 ACKMQWLED6EMEMTS
CORPoRATEDIAECT￿y
etYOMDÉOUAUTY. QIVERSITI
51FE8UAifthF
CAPbOIAWEMW*OMMEMTALsfANDMDS

SfRIT@@ll¢
L2OPOfft

OXFAM'S VISION, PURPOSE AND VALUES
OUR VISION
OUR PURPOSE
OUR VALUES
We believe In a kindw8nd radically
better world. whqru è¥eryonehasth•
poweitu thriv¥, notjust sur¥Y¥e.
To •¢hie¥ethi$. we ￿￿t0ver¢oMe
PLYrferty byfightingth• i￿lust1¢e$ and
In•qualrtiesth•tfvdit
Thethlngsthot matter mostto u$
JIE inclu5i¥ity. EmpowiTment and
aECOUTrtAblllty-
IKLusrvffY
IPOWEAMEMT
Accou￿A￿LITy

OUR GLOBAL FOOTPRINT
Dxfam SB Isone ottheEI affiliates that make up the
Dxlam confedefgtion_Altogether thoconlederaliofi
WDik&d in 81 cuunlries in 2023124 toovercompthe
IW202312I IHEOXFIN COWFEDERITIOI I￿RKED ICROSSIICOUITRIES IMThIJ41 PARTrERS.
Bh￿edg￿lI9
•trdi•l¢s-
r*rn•n•g￿

owifft I2512Q]
O%fam and
75
ol waYE",

INCOME AND EXPENDITURE: HEADLINES
In 2023124, Spending Dn charitoble activities increased frorn
£253.4M TO £272.3M
Oxlam GB'5 huadline 2D23124 incom8 cLos8d the year at
£368.OM
Thisfiyuie was £400.6m in 2022123. The drop in income 1$ largely dueto
Iow8r emerggncyapp?o1 income.Thls Income varles depending on wortd
events. For more inforrnation on this. see page 59
£123.4M
Our highest to lowest pay ratio was
was spent on generating current
and futurè ineome. up from
E106.4m in 2D22123
5.4:1
Thls ratio was 6.5=1 for 2￿2123. Th1$
Is expiaSnel In more detail on page 45

OXFAM GB PROGRAMMES
BY LOCATION
COUNTRIES
LISTED
. £Inq￿dElh
Ghlln
Jord•n
W¢Wwl
*4Epal
P4k*
Iiwr
2•Mbl4(SAF¢￿SI¥l

A CONVERSATION
WITH HALIMA AND CHARLES
II$AWITH HALIMAIEtsUII. OURIIEIY CHIEFEXECUTI¥E.
AND CHARLES GURASSI CHAIR
tr*rewnxt¢ltr¢e•dtrWSin*fft•
wl•i.Frfst.Ksb••nw•lty￿wSl￿9lox•ty¢

l •4r¢¢ The*4yOxl•th
pw141 I'd*￿toSe¢￿uffth￿1￿tr￿Ith￿¢
-OurcDIIpa9ue5 in Gaza.
South Sudanand many
othEr places havE told
u$ *hat thi$sobd8tity
h45 meantfoithernat
timES of acute crisis
8¢gu
Chief Executi¥B Oflic•r.
Oxtam 68
Effjslr*￿￿￿thEMhe1P5￿5rnw￿e
T￿tr￿￿￿to￿lIelUnd*bepartOf

11
HOW
WE'RE
WORKING TO
TRANSFORM

AN INTERVIEW WITH ALLAN MOOLMAN,
INTERIM HEAD OF PARTNERSHIPS
t4ln9*diWi*i¢¢slnt¢dKisWrn*iW
l¢ul•rtYihoJ¢ofp¢pp*￿￿lnth￿fyQb*lStsth

SNllftTOtkfj@ t)ow@fft K2@sout2¢@$
SOLIDARln BY SHIF11I6 IIORE RESOUACES
COUMTRY 7tAMS AND THE 6LQBALsoiJfH
This 8pproech t
partnEf5hips. with
overcomlTrg p0￿rtY
•nOthe 8ttitudBs and
practicBsthat sustain it.
Ing ￿p￿0fto￿dEWb¢lCkxtr¢
toch•ng¢rt th2￿311￿

POWER TO OUR PARTNERS
In lastye8rfs anTru31 report. Westated Dorstrètegic
obiectiye DI pioactively shittin9 powef and iesources
to our partneis in the 61obal Suuth. The aim istur
8Tr 8Utonomous andcivil 50cietyin the SIDbal South
th8t'sable to pursue it$own agenda aDd4elwtrta
rattically b8ttei ¥voild.
SH￿1￿6 POWER Tg$USSRQOTS
WOME4'S OR6AMISAnOII$
'WE aPPTecial¢ the
¥pace we are givento
set Dur agenda to
fuDd what we $¢¢ as
about this pToject and
the import8n¢e of
examplel-
P4ernber uf th2 WEFAO
So¢ietyfor Women 8nd
child Care. WRFpartn*i
in Gaza
TOFfvr.1￿lo

foaE W0￿Et].9 FoJt]D
riF4ISiE
f4r40LNts IS •
fLeA6L£ SMALL b)Iio's
TO TNE
E r&rO£CT.IJE
E RETANe
.fje f*4$
SINA NistPlD,
rv*4t#tr46 GAP
.Cu￿Tly WWJ4N6
RI6HTs fAAlhf4lSAT1t*45
IK(ufi£ts FAL￿TIN11
ADILI ifRIlA
GRANTS To
E60.oOD
b)gF SWPMTS
iGANisf4￿c*Nr
CfrtTIi :.
IIGhT& IXGAIII4TIop
IJITI n£xitsl£. f4AILTI
ft4
IK¥ESY INTw6il
EtFtcTi+& I
VWCAT
Ey
re
PosiTI
A4£ AVAÉ
wr* rwuT¥
To FArto.
INffiw
stKICT

THEPARIMÈR¥ INYESIMENTFUMD
TrFy￿ffl1￿£7.fi￿.o0Dof￿r￿KeYl￿ed1Ur￿I
¢IwT*trnpyrtrbEr5hip5b￿￿￿eqUaINY￿Irmand¥jII
EIgJRIM6 EgUITABLEFUID1116

17
WHAT WE DO:
OUR THREE
THEMATIC
AREAS
TACKLING EXTREME VULNERABILITY
VALUING WOMEN'S WORK
CALLING FOR CLIMATE JUSTICE
1dwty¥ththtr￿Q

18
TACKLING I
EXTREME
VULNERABILITY

R@$PONDllfrl@ ro ot20SES, ¢LAllNllNO ftOGNfS,
fft@OUllLOllTrlfy wnifN LIESllLllEN¢E
I Wework on humanitarian responses 8cros81
woild in ple¢es *h&Fp¢onlli¢t. ¢limate change an
othei global $h4ck5 cornbinetu create asituation
ul extremevulnerabibtyfor peoplea￿eadY living ITh
poverty. We do this in solidarityantt wDikiThy ¢￿selY
wrth partDei oiganisationsin thetoughest arnd
mDStfragile placeson e3rth. fogether. we Support
-Before. l tssed to
5ellfirewoodto buy
Now. Dxfam has
rEbuild with pEa¢e and resibence. and ieaOorblrfe-
58ving response tocrises.
88$ln9the buTd8n of
Adugk. G8mbeU8.
We5tEin Ethlopia
FORIJS. DUSIIIESSASIJSIIALISIIOT AM DpnDM

A DEEP DIVE: EMERGENCIES
"Ouringth• drovght.
m05t ol oui heid$
suNiYed bBc£u5ethey
atE animal feedf¥om
our farm. Thpy became
healthy and PTovided
milk. Even the camels
started Consuming the
8nimolfeed. Noreovei.
my faffjilydidn'l havetu
migrate. and my chlidr•n
wete ibleto attend
school btr¢8u¥8 we ha
farffl that provide
food for buth u5 and our
8nirnal$. We experien¢ed
rain in dittergnt
seasons. and since the
ThECI1$15.. COITExr
A CYCLEOFCRISE$11 PARTS OF EAST AFAIC&.
SUCCESSES ANO PR06RESS
Orfam15dEp*1nyth￿PRRapprDIth¥￿x￿uFll￿Atr
hbr¥esteOfive bag5 of
diought woieto o¢cui.
rtwouldn't impact ffle
or my family. aswp
have 5tDiedfoDd
acquiTedthe knuwledge
to SUTvl¥ein hBrshtimes.
Abdilahi. Sanag. Somalia

DRAWII OUTCOIIFUCT IIIYEMEM
thicW5pub4chEahh
OxlamasOPlrtmplaCE￿Parnn￿rlr4e&ts￿PrtFw￿(DT￿
51acl*tatedthal
nd￿1￿1

EXTREME WEATHER ANO INFORMAL
$EThLEIIENTIM BANfjLAUESH
lt•dw>lip￿Ie5
cwrnun1tyto(￿1eWSuc￿1h￿rn
Sp￿$*
Tr•wk4lior¢ityis
tIJNFUCT AND FLOQDIMG IM THE
DEMocf¢ATIC REPUBUC OFCQNGOIDRCI
•irt•Wythswx•aP¢¢P
Ane￿1￿￿0746XDle￿tw1peuplv￿fyll*Ukn$2 1$
•O•yih2QE3.

THECRIS1S1116AZA
A6AIISTTHEODDS
*l1W&￿Sr￿￿Il￿S￿r￿s*￿Ytyc•Ilnl￿ffl¢￿￿h•$h1lp￿d
•itr¢U(low•Wrdkntr¢Wwtllln l&r￿lI￿lIke1￿rPWIE
h*1$￿¢￿slu1￿tywt1QwWtywPQY)￿Q*n1s•tlQr4
￿￿knES

In 2023124 Oxfam
,OIL
IlbTb
partneis in the occupied
** biiii
l Mlh iÈ_Èl
iiii
Jlllllj,
gpptoximateiy
1262.000
people. of whom over
151.000
wÈre supporteowithfood
133,000
people With water.
sanitation and hygiBnE
Pfomotlon support
and 50mE
THE CRISIS.. CO#IExr
14.000
people with piotECtion
Najla Sh8w$, Oxf8m
Country Relations
Hanager ba$ed In
Gèz8. WTitin9 on
17 October 2023

25
, VALUING
WOMEN'S
WORK

OXTrAN'S APPROAQCI TO
A¢P]llEVllN@ @@frlD@ft @QUALllfV
Gender intrqualityshow$up ifi manywaysand is a
focu5 grea folthe véholp OxfBm confedeialiDn. Oxfam
the systEmi¢ undervaluing Df women s work. This
Mea￿swOrkIng tD changE Dureconomie5 thattuD
often oppressand exclude *om8n and ignoie or18ke
tor granted th&wurk that thtydo.
rrtlplan
nwenw¥JllndWw0rkingpDwu￿￿plbtF￿t0￿￿ytr￿ye￿A

CAMPAIGNING AND ADVOCACY
ILDI116￿coLLECT￿E POWEP LEADERSHIP
QF WQIIEW IIFORMAiWQftKER$
*c￿n S<￿￿Of1h￿￿IySwES￿￿e￿thVrAl￿￿T￿tsth
"Feminism lueisthe
fir• in my belly lo fight
any human light5
vio18tion$_ lam goingto
¢oDidin8ts ¥en¢oi$ h*t*
t• ¢ng8gt 10¢81 leldws.
especiallythe police
ond the municipabty
whDfDicefullypie¥eTrt
8ftom s*lbn9 on th•
stieet5and ttEsign•ted
marketspacÈs. t
¢rèat8 Sats $p8¢e$ftW
women infDrmaltiaders."
Rurnbidzai ￿be. one
f the¥tndorswh
tDDk part in the
f¢ministtransformth
IBadernhiptrainin9

PUSNllNO lofft ll @fftllSSRCOToe_otlllVE
PllllN ON ¢llLIF Qtkll TNO
athstDcllll
P4M1•ndthw￿c*l¢1m*1R%lI¢ntfflQXuyOv￿fyr¢n
On 24 O¢tob8r2023.
eapa¢itrbu*Jlng.r￿￿pa￿n5**r*arthloF1Nftk
Stitching Thweads of
LMI
thW¢•re¢a5ts¥èwshitystyn•p•r¢msiMJPtr+•ly•h11￿¢ry￿*1
w¥$ $how¢8sed attha
Sen2dd ¢Y￿rU Iwelsh
expeiiences of unpaid
backgiound5 across
widlnfornwlwkinlh•UKl•ré Kthiy•¥éZhT•4tyrtl*é*Ylfy*ql
Wa5 oFganised by the
We Care Campaign, In
P8rtnership with Oxf8m
Cymru. We Care is
gr•ssioots campaign
has partneTed with
Oxf8m on 8 number of
8Cf•8S the countiy.

CELEBRATING TEN YEARS OF
THE WE-CARE PROGRAMME
i&nDwIedfr￿ihP0Xfarn17Atrt1
hillw•ndZimbab*t
Equ•I¢•r•wkLV￿*SQo￿*n1
dSo¢i41411aiis￿Elhv)l]lé￿tyTrFIÈ1W￿k￿fEts￿I

30
CALLING
FOR CLIMATE
JUSTICE

IA vllrAL sr@p
FOt2WAt2D FO
QLllNAf@ JUSTOQ@
Lo¥x-income tountriesh8v8 long bornethe bDJnt of
o cbrnate crisi$ theydid ie8$t14 ¢168te. Fiomlloods
and mole inlensetiopical 5torM5toslow-Dn5et
di5aSters11ke se8-leYel rise. the Imp8cts on F4OPte's
ifft$and liyelihwdsare devastating.

PILOT LOSS AND
DAMAGE PROJECT
IN KENYA
-The community are
givan thv rBSDUI¢tr¥
tD makB deci51Qn5foT
themselv05, to enablp
A coi4iiiirrY.LEDAPPROACH
BEfaUSÈ the cornmunity
reth&fiist and18st
responder in any cris15.
F￿th￿L0￿B￿D￿m1g1F￿n0tohay￿￿EM0￿L￿rQ
oter scaicrtyh8$ huge
iffjpartson children aThl
wamen. Oirtywater ran
beha￿tIOustoth¢Th.
Piegnant women and
young ¢hiidrtrn are ffrfjst
alfECted. Cook1ng foi
the ¢hlidIen requires
atei.. Watershurtage5
aftect ninetyp*rcent ot
a child's nuimallite. A
¢hild rnust P8t. shower.
pvt on ¢1*4n clotht$
and thEll head to 5choDI.
horAsrequit¢iT8t*tto
tun. W8tershurt8g¢$in
schools ran neyatively
irnpactthe children_-
Halima 8onaya. Child
Prots¢tionVoiuDteer
K￿UMa￿e. l%oio CDuhty
fot them.
Gtylicha Wario. Loss
and Damage Lfr8d at
Oxfam'$ local partnfjr
stratpgiesfor Northern
Otv8iopmvnt ISNDI
1￿51￿￿￿￿n¥JhKh￿ythfr￿bn1hf￿￿jndtO
•rrrtto
1x￿M￿1tygrDUp1Whh￿￿gr*m1lD

¢D&LLllMfy POO [2 |
llllt2 QLllfrlAr@
It's *8$entl81 that we
keep up the pre5SUTe
to ensurethat enough
geneiated farthB new
global Lo$8 and D8m8ge
Fund.
epllrttlim￿eE U1￿ A
ThEPa

134
PUBLIC
ENGAGEMENT

5.699 679.093
Festival and 8vent volunteers
Campaign actions taken
19,618 289,8511
Shop volunteers
People took campaign actions
534
236,846
High street shops open as of 31 March 2024
Regular givers as of 31 March 2024

llTrlTERVllE
WllTN JAN OLOFllELO,
CHOEF sLJppoRfER OFFUCE
Irt¢i$•￿1ty￿1tIo￿*>1fjph￿￿Qpl$ts Tr4X
wi￿d
Imoualrty
Drfo￿Y￿j
AlthEwDnderfvlworkQLT5hw5￿￿ms￿fOgr￿*
r¢￿￿￿￿&￿￿¢)re Ar￿￿(¢￿1￿￿*0[￿tlTHJ￿lDspe￿￿￿uthFU1IY
lund5rn15vd1￿Ind￿ldUll¥w* LryaEwÈ*vii￿t￿ TrTVJdwos
e'ip more POWErfulif
we're led bythe peopl
ta¢ing the ch¥llen9•8 of
inequalTtyand poverty.-
Imthèfutwe

fftftpofftrllN@
fft@rnuL
Durinyth8 2023124 financialyEar. Oxforn ge￿￿Tated
gross in¢orne of E102.8m Ihrougtt ourretiil a¢tiwties.
up from £98m the pievious year. The rising c¢stof
living. employee costs and continued increases
In ienl$. ulilities8nd pioperty rnaintenance ha5
Impacted our cantributian.. howevei. we
E102.ON
6R055 IA¢OIIE6EMWTrI
THROU6H lET￿L
income Stieam.
55E
H16H ThEEfSHiWS
IWIM$￿S￿￿Drn2GfJ}24
E1

AN ffxrtRAORDUPJALQY
VOLLJNfEEfft
*murAli¢S•wun4th*w¢rtd
FEsmfALS
t•s*••ls*w•rfryw¢wwnkngt¢*msm•d¢•swf¢•r4
I•s•u¢SS¢urn¢lwrk
rteErhasb¥knwffhu5frKT57Ye￿srthr￿<tht1e[te￿rk￿￿￿nK1dE
fpEoplefr¢wnahuyeWangeofb￿VthI
-we •tè proud to play8
personalde¥elopmEnt
DO dD can to
ensui• that theyget
th•fno$t out of th•ir
tirnewrth us.
M•n¢W1•i￿Ye￿¢QSIf￿YI¢h•YI￿s￿sllfSw￿.$l
ThEaward15wEnl0c￿rtlthpK￿4￿ryO￿yt•ff

RESPONSIBLE FUNDRAISING
Oxflm tbk8s 9r*8t
tDsupporters who
iicumstances SD as t
Bll5UTe we are 5en51ti¥e
SUPPOrt our cause.

DATA RIGHTS
AND COMPLIANCE
CYBERSECURITY
*•
itrPCHB540 Th5•11￿

41
I INSPIRE
TRUST AND
, ENGAGE

AN llTrJfEfftVUEW Worl
JOVQE llDONUOOYE,
QNllEF PEOPllE OFFllQER
e needtD listen and
{X¥rt￿dcOmmMmts}tfDp￿nll1Ll￿￿4wIg¢￿￿C￿r￿￿bytt*
imnow•g•Fou￿hx￿h1$h￿￿tr*Ity￿tI*T•WLTaryW*E
what we can bEttEr
t8n dothelt bfrstwork

OUR PEOPLE
Allfi9ur•SvJrrKto%u131 Nt4rth20ZI
EMPLOYEES BY SEX AND 6RADE
EMPLOYEES BY DIVISION
EMPLOYEES B Y ETHNICITY
¢Thp
LttdvshpTw
47%

Atoxfèm GB. we see p0¥8rty 88 $0
much rnoteth8n alack of resource5_
.5 caused bya system thatreliE5 On
powtri $14wng ￿th 8 ptiyileged lew
al theexpenseofthe many. We aim
IDdismantie this system of poverty
thiou9hthe pron7oli¢n of human
light$. diYeisily8ndequality.
TradrtionalEqu81ity. Oiyersity and
Inclusion IEDII approache5 lend to look
at thpeffprt5 Qtdisiiimination. As an
BEYOND EQUALITY.
DIVERSITY AND
INCLUSION
Èèfféti￿
theundeilyir4 causesof Iniusti¢e. we
want togo deepe18nd look at the roDt l
C8U8es of systemi¢oppression. Thi5
means".

PAY RATIQSFOA EARMIM05APRIL2Q2J
TO NARCH 2024
UMIQM ME60TIAllOMSAMD i￿1￿$ WASE
$BIDER PAY6APFQRO APRIL2023
REIIUNERATION POLICY
plWsl•lfffl￿1On•rIW￿wbI$￿￿￿rt#tO
lCE(4tystDII￿￿W￿$fW*l9124
&kn*4nbel
Inwryp•yloTtr¢GEOW$tr•lell
iy
Th
2024
paid￿mpIO￿eefv￿2oI1I24h￿b￿￿￿￿U*&l
£IZ7.y4&w•SP•41*O¥bX415
hlCEOr0h￿2u1Ilz
Tlw¢
4ty> ￿(￿n￿NY￿B￿￿cOfflp*r¥bl*lOVN
.d￿[kT￿anIs￿￿Stt￿N￿frArn￿nran
181.cump1￿d￿5$"l ￿2022123
iynifftanlwopllthnofyknpstsff ￿￿TUK
fts27j461rdt￿yeWrjO11 The
c￿ThnrtteeIS(o￿THI￿￿ih1ith￿C￿￿Trl
linpwyrd1io￿￿ldt¢J I 113 l ￿lty￿3)
r￿j￿*￿E￿icLead￿5fvwTeIrn
oIcE0￿5￿*Ll•1*n￿pT￿M•y*èIrt1Lé*d
IwmwEdto7 1 ￿102￿23)
SqwrL¢•der5hlpT¢•mwy¥¢i￿￿Y*￿•1￿￿Ill1

SAFE6NR0116 CASE DATA
SAFEGUARDING
In2021124 Oif•mG¥s>frwrthryte
Wmrt￿￿￿aIpw￿mm￿￿a￿d9Qlvjhlth￿l￿
l•#ye•r
f￿dI￿nIS5￿5.
11
￿$&0[
If•iir4￿idU•I
K¢ftot•k*•yspossibl¢wwprlly*touTrd2rt•I

We hayea dedicatedAnti-CorTUPtion
team workingtDprW￿nL detei. OEtect
8nd respond to rep¢rtsof frau¢.
thert. moneyiaunoeiing. nepotism
a￿d p05sibletEriDTlSt fvnancing. The
istiebiowing channel allo*$ $t•tT
partn*i$ anywheroin theworfdto
reportconcernsconfideTrtially.
AWTI-CDRRUPnON CASE DATA
ANTI-CORRUPTION
141
txFwtyo¢tduft
nfirTh&iihJvinBbEtnslDknorb5tto

STrEAMUMED EMtR6YAMP tARPOM REPORT2023124
CARBON AND
ENVIRONMENTAL
STANDARDS
14lP
I￿2)rt4
ÈNEA6YEFFICIE#CY AcnoM$
fl￿￿￿)?￿rI0Z3r14wasyarlh￿?u1
k¢lotyJ*d•kty
st411wtwolLED
In445￿￿￿•￿1YLEDknJrt1￿￿
N¢wwtIWSySt￿I￿￿th￿rt*S#d*ffI¢i¢n
bEeTh￿￿ra¥PdlnnWt0r￿BlW5 Wt&r2in
kl
METMODOL06Y
11*4¥￿1￿￿￿k1y￿¢nl1fy*nthTr*1
nity5thmEIES(s1 Trwihi$

PRINCIPAL RISKS
AND UNCERTAINTIES
RISK MAWA6EMENT
FRAMEWORK
GOVERNANCE OF RISK
rlsk
JBh&BbEenma1maiMd¥bAh85LT￿￿eryl￿S
onr*￿1￿￿?¥j￿0I*To￿Il￿hiP0Ith￿rl$
OXFAM 60 AISKS
C£0￿￿¢*4￿*￿￿bySlr*￿lcLIld*r$N
n5k
thE￿￿￿fT￿￿￿5andtschalrDfARC
•)Qroa¢h*th1
SEMIOA LEADERSHIP REPORT116
CONTROLS FRAMEWORK
ASYJRA¥CE REPORT5
WiWW4•s•¢*￿1￿1h¢AR¢ This
OPPORIUlllnE$ANDBALAMCED
OE¢1510M-MAKIM6

SIGNIFICANT RISKS

51
OUR
PLANS

STRATEGIC OBJECTIVES 2024125
world withoutth8 in$qualityth8t fuel$ poYerty.V¥ith
incrÈ8$ed humanitarian nEEd from worsening clirnate
change antt prolonged conflicts. as *ellas1￿￿e8sed
I. CHAN6E LIVES.
CHALLENGE SYSTEMS
4. GROW INCOME. INTERNATIONALISM
AND INFLUENCE
fighting and r2fining how we tteiwei on DUI puipose
within this repidly chongiry vJ¢rid.
2. SHIFT POWER AND RESOIIRCES
S. CO-OELIVER COMFEDERATION
IMPROVEMENT
3. INVEST IN ORGANISATIONAL
RESILIENCE AMD STRATE61C IMPACT
6. DELIVER A BETTER EMPLOYEE
EXPERIENCE

53
STRUCTURE,
GOVERNANCE AND
, MANAGEMENT

CHARITY
CONSTITUTION
SUBSIDIARIES
OXFAM
INTERNATIONAL
thE*￿I￿a￿￿*S{c￿￿Qanyt* 6IZ172)
Omfih
<tynp•ny￿Io£7 ¢a¢h
rtaIlfefértnEè3toOxl￿￿GBth￿0m(1Mth￿c￿Irtff

OXFAM BOARD OF TRUSTEES
UK CHARITY
GOVERNANCE CODE
¥￿11

TRUSTEES AND STATEMENT OF TRUSTEE RESPONSIBILITIES
sl•lemtnl$ lor*4¢h¢w¢￿IYt¥ Unthrlhitkn IF*Trustwsh*4t
wepweOt￿1In*nCl1l8l*I￿rnE￿sln￿¢WIw￿￿￿h￿rtt￿ Kwknn
th*kEjudge￿m5jnde*1M￿￿that￿￿￿a5<￿￿Wuth

PUOUC OEIIEHT
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rEm&lnihwdwithw¢h¥¢abbig0¥i
ai15lhe5bJ￿￿￿tsvII￿UndertIk2n￿kn￿1tr¢W
COHPUANCEWITH TRUSTEES. DUnES DNIIUtSE¢noM
172121 COMPANIE9ACT 2UQ6
r•l¢g*L¢•d¢rshpTe•m *M**rtQuirtdwlwthwOMlarf55k•l
¥¢04l•W5

58
FINANCIAL
, REVIEW

INCOME AND EXPENDITURE: HEADLINES
Spending on charitablE activities incieasedto
e272.3m thisye81 from E253.4m in 2022123.
Orawing Dn rese￿e5 carriedforward frum pri¢r
yeai and Income raised In year. we worked with
our local partneis. countryand 18gionalt8arns
(Ixfam 6B'st*adbne 2023124 Inco￿ cknsed
the￿arate569.0Th c4)mparedto EIrtIO.6rn inthe
prewousyear.
Restricted ir￿DMe decipasFd yeai-on-year
to e193.OTDfiom E229.2m In2022123.This
isexpiained ty lo*xei humanit8ti8n appeal
income compared 1¢ 2022123 which Saw an
exception81 numberof large hurnanit8ri¥
ie5pon5es inukraine. Pakistan. Syiiaand
Tuikey.
UTrre5tTiCted IllCOmE hasgrown toel7&Dm
from£L71.4m in 20221239iven strong
PErfoimance in our 5hopslelDI_9m upfvorn
.8m in prior yearl and highei interest lates
cash balances1£4.5m up fiom el.gml.
Regu￿1 giving remainpd steady at E39.5m
IE40.6m in 20221231. Legacy income reduced
to EIS.6m ltrorn Elg.4m in 20221231 bul
the pipelineremainsstrong and expected
future incDme troffl estate5f￿￿t>Ich the
a¢ministration hasyetto befin81i¥&d Is e&9m
agai￿lE4￿rn in prioryeai.
t123.4m was$ptrnt on geneiating curientand
future incorne. upfrom ElQ6.4rn in 2022123.This
Incre8$8 reflÈ¢t$ Iwtrstm8nt in unr&slri¢18d
inwme generatiDn to undeipin thefutuie
inftationary pressuies in the UK and arDun¢
the Oxlam ConfEd8ration.

NET
MOVEMENT
IN FUNDS
RESTRICTED RESERVES MOVEMENT (EM)
Ei¥ed ￿102¥23￿￿tyPrrt￿jT
É60.SM
xeb5EDfEg
212.21
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UNRESTRICTED RESERVES MOVEMENT I£M)
thIs￿r
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e2.211
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E115121M
£175.IM
£17L411
ÉIIQ7.91M

UNRESTRICTED INCOME
AND FUNDRAISING
EXPENDITURE
CHARITABLE
EXPENDITURE
din2023n4toE2723rnfnxnf2534rn•72022123
E¥th1W￿lÈYrkn2￿22l23I
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To￿l￿dInq
RESTRICTED INCOME
chaBedgDudsllinEa15llTrty7
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£160m￿2022l23 Th515fatca*1DbEa5I￿.￿￿dPCh￿trIw*
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CHARITY
FUNDS
UNRESTRICTED RESERVES AT 31 MARCH 2024 IEM)
£4.911
ES4.LM
EMDIJWMEMTFUND5
EndaWmeffjf￿w￿￿E23mat31 Trtsth2O24131 Mwth2(k>EIknI
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UNRESTRICTED FUNDS
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GENERAL RESERVES
POLICY
GENERAL RESERVES
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t¢budduwfinanEial￿SlIw¢ry
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PENSION SCHEME
b¥1￿¢1n￿l1*rtI￿1 fwNsilwc
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BALANCE
SHEET AND
CASH FLOW
KEY FINANCIAL POLICIES
INVESTMENT POLICY
SHtIRT-TERN CASH IIOUMMBS
Idy(trvewa5
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FINANCIAL RISK MANAGEMENT
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ADopnoM OFIHEANIUALREPORT

67
INDEPENDENT
AUDITOR'S REPORT
TO THE MEMBERS AND
TRUSTEES OF OXFAM

INDEPENDENT
AUDITOR'S REPORT
TO THE MEMBERS AND
TRUSTEES OF OXFAM
DPIMIOIIS ON OTHER MATTERS PRESCRIBED BY THE
COMPILNIE5ACT2006
coItLU510MS AELAnN6Th 60116 ¢fjMCÉRA
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I. ACCOUNTING
POLICIES
8. IASIS OFCOISOUUATIQII
C. FJIIDAcCOU￿IG
A. AccouimMG tCMVEMnDHS
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11. CASH CASII EOUNALE#TS
11. FORE16M CURREWCIES
| S. FIIAMCIALIMSTRUMENTS
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2. INCOME AND
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A. DOMAnQllSAMD LEtsAUES
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71F

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C. OTHER TrADIN6 AcllviTIES

D. INVESTMEITS
3. EXPENDITURE
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53
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C. OTHEA EXPEMDITURÉ
4. EMPLOYEES
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5. STAFF COSTS
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6. TRUSTEES.
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7. TAXATION
8. NET IEXPENDITUREII
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9. TANGIBLE ASSETS
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10. INVESTMENTS
HXED ASSET IMVESTMEIITS
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CURItEhT ASSETINVESTMEMTS
31

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11. STOCKS
12. DEBTORS
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13. CASH AT BANK AND IN HAND.
AND CASH EQUIVALENTS
14. CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

15. CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR
16. PROVISIONS FOR LIABILITIES

17. CONTINGENT LIABILITIES
18. ENDOWMENT FUNDS
31
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20. UNRESTRICTED
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21. COMMITMENTS
A. CAPITAL
OPERAnN6 LEASES
*J31
131 M•th2023
. FIMAMCIAL
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At
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. PEN510M 5CMEME ¢QMMlnlENTS
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22. FINANCIAL
INSTRUMENTS
23. ANALYSIS OF GROUP NET ASSETS
BETWEEN FUNDS
3114
IF

24. RELATED PARTY TRANSACTIONS
DAlam.oALw￿0A
341
51
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105
ACKNOWLEDGEMENTS

Thisye8r Oxf8m h85 been abl810
psrtnerwilh ¢omrnunities8round
th8 world lo t8ck18 poverty. thanks
fjO¥ERMMEMTS. MULD￿TERALDo￿fjR
AGENCIESAMD QTHER PARTNERS
GtrAthr4WL¢
hèv8 tslood olongside us. Not1¢88t
Durthanks gaestD colleaguesaround
the vjorld. and the partners who have
trust8d us to supportth8m in the b8St
W8yPOS51ble. Sve can acknowledge
just some ol you heie. but plEase
know th8tvJhelhei you hayeworked
with us. volunt8ei8d youi time. signed
EU-￿0￿
COAPORATES
4W¢ylgDA)
TrT
By Coming togethei. w&¢an make
change happen.
ui

DOIIOR PARThERS
TRUST5, FDUMDA710MS AIJD OTHEA
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CORPORATE DIRECTORY
OXFAII 6B BOARD OFTRIJSIEES
IAS ATJI MARCH 2Q241
MOI-TRUSTEE IIEMBERSOF
QIIMITTeÈs IASIT31 MARCH 20241
PRI#CIPALPROFESSIOMALADYI$ERS
a5 a company limited by guarantee
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