OXFORD
PRESERVATION
ANNUAL REPORT 2024
lo

OXFORD PRESERVATION TRUST
Report foi the yeor ended 31 December 2024
CONTENTS
Tru5tee5' Report fincludin9 Director's Flekx>itl
Trust Objective5 ond Activitie5.
Public 8enefit.
Achievements and PerfonnoncÈ ._-..... ....... ..
Finonciol Review
R15ks.
Structure. Governonce and Monagement.
Reference orKJ Adrntnistrotive Deioils.._-.......
.10
Finonciol Report.
Trustees, Respon51bilitie5
Independent Auditors. Report........
Income ond Expenditure AcctyJnt.
Sloternent ol Fin0￿￿1 Activitie5
Bolonce Sheet.
Statement OF Cosh Fbws_
Notesi¢>theAcc(xJnts..-................... 24
14
-14
.15
-?9
20
22
23
A£kr￿ledgeMeTht$.
39

TRUST OBJECllVES AND ACTIVITIES
Oxford Presorvation Trust W¢J5 lounded in 1927.
It Is fj reg15tered charity (Ind a company limit•d by ￿0￿ntee.
Our charitable objects are..
lol to preserve and enhance For the b￿efit of the public the amenities of the City of O%lord
ond its 5uiroundings.
Ibl to protnotÈ ond entouroge public interest in otKJ kn¢>wledge of the h1Story of the City of
Oxford and its surroundings
TTUStees have 09reed the lollowirKJ strotegic prioritie5. in fulfiltnent of our choritable object5."
i To monoge our londscopes SO thot hobitafs Ortd spècies thrive. helping people connect
to our unique norural herit(1ge.
2 To protect on<J rewtolise locol heritage. ensuring the eftective stewaidship of our ow
properties. helping save buiklings ot risk and odvocttiing foT improveTnent5 to Oxford's
public realm
3 To defend Oxford'5 historic wews. skyh'ne ond green seltin9. chorn￿Oning good design
ond promoting the su5r0lnob￿ enhoncement of the city's built heritoge.
4 To involve a broud rorkge of people in all ospects of our work. eDcovroging them to
expenenc&. under5tond otid Ènitsy Oxford'5 history. built heritO9e and gieen Spoceg.
5 fo iDcrease our finonciol ieylience. extend ond slren9tben our netvlork of supporters ond
develop the capocily. skills ond confidence of the OPT teom

PUBLIC BENEFIT
Trustrees hove had re9ord to the guii1once IS£ue5 by the Chority Comtn155ion on pijblic
benefiE. The work of Oxford Preservation Trust is undertoken for the benefit ol rnony dilFerenL
comrDunilies of people. It rnay be described os follow& In relation to the Trust's choritoble
object5'.
lal to pres•rv• ond enhante for th• benefft of the public the amonities of thp City of Oxford
nd It5 surrounding$
owfj 850 ocres of lond in and oround Oxford, ocqvired ond managed lo preserve the
cIIy'5 groen setting tsnd rurol ckK]rocter We ofler our land 0$ an Importont amenity lor locol
people", mosl of il is occe>sible to the public free of charge at oll times We oim to enhonce Its
cun5ervation volLJe. Involving a growin9 number of local woplo In noture restorijtion pr()iect5
on our l•rTr¢J In Boars Hill, Headinglon. Sondford. Kennington. Wolvercote ond at the Rowley
Road Swing Bridge. We encourage ppople Io vi&[ ond enjoy our green spcKes In a voriÈlv
ol woy5 We supporl oclive livin9. Wlth o iietwork of public ond permissive foolpoths across
oui land. sorne cycle-p¢Jths in selected oreos and o rat¥ge ot 5elf-guided wolks ond lomily-
Friendly trolls. Oui 11verside rneodows at Heyford. Hinksey. Kenninglon. Marsion ond Swinford.
ore heovily used by walkws and S*4imrners. Al Wolvercote ports of our ore used tTry the
locol community lor ollotmenls ond an orcFK¥rd. We hold coven(5nts on tsround 250 ocre5 of
Cily Council land at Shotovei Country Park ond South Pork We work with the londowner ond
other stakeholders to ensure Ihat these coverKJnts. which protect 5tandrtrds of public occess.
are upheld.
We are re5POn5ible forseverol histo{￿ building5. eitheros freeholder. tenont oi by management
ogievmenL. In Oxford these are the Conduit House. Noith Hinksey Imono9ed on behalf of
Enqli5h ￿￿erItage1.. 3. Cornmorket. Oxford IiiKluditwJ The Poinred Room), Oxford Castle & Prison,
Rewley Ro(sd Swingbrid9&, Stockwe115. 8oors Hjll." 8-70 Tuin Aqoiii Lane. The Victoria Arms.
MoTSton We algo own 26 E05l St Helen's Sireet. Abin9don ond Lord's kGrtn, Eynshom
suve and conserve historic buildings ot risk in Oxlord which ole in the public rcolm or
otherwise publicly occe55ibie In past yeors we've worked In portnor5hip with otheTS to restorè
Oxford fa5tle ond open it lo the put)lic. We conserved the VicL0r￿ Fountoin. the Murtyr5
Meinorial and three histOTiC units In the C¢>verwJ Market. Our rcstoratN)n ol the Rewley Road
Swing B Tidge, which we a1500couired. h05 5ub5tontioltyenhonced the public realm for w(51kers,
cyclists and local residents.
We're advocotes for the protection of Oxford'5 historic views. skyline ond green sètting.
chompionin9 good de&gn ond promtytlDg the Sit%toinable en1￿[)ce￿ertt of the city's built
heritoge. We c0￿ment on locol plonning (Jppltations ond policies We wrtitipate in pre-
applicaliun discussions. %velcoming the opportunily to explore ond help re501ve Issue5 eorly
In tho design process. We offer on onnuol Inlernship to o student stLdying oii Oxford Brooke5
University's Historic Cc>nservotion MSC.
We champion the best In conservation ond new dey9n thFough our annual Aword5 scheme.
which wos e5toblished in 1977. Every year we consider proieit5 01 ev&ry Size ond type from
across our city We celebrate those which rnoke a signifitttnt contribution lo Oxford's heritage
character and public Tealrn.

bl to promote ¢Jnd vncourtsg* public iotw•st in ond krKY*lfjdge of the history of the City OF
Oxford and its surroundings
We've run Oxford Open D(x)rs. lorgest Heriioge Open Days event ouiside London. since
2007. Evèry September. in p(51lner5hip with In5tifutions and l￿dI￿1dU0ls ocr055 the o.Ity. we
dedicote a weekend to opening histOTiC bvildings, cornmunity spoces and oll kirds of pSaces
thot are not u5uttlly occe55iblE lo the public. gNing everyone the opportunity lo enjoy the citv S
Iic.h heri¥age and culture free of tliorge. We're grateful lo our partner5 and to o growing Leam
of dedicated volunleers for rDoking this WOTiderful event possible
Wp provide public occess to some of our C>wn historic properties. At Oxford Casile & Piison
our porlners Conlinuum Atlioction5 welcotne visitors all yeor round This Includes a flourishing
education progranime, with cross-curriculor activities for KSI-KS5 school studenis. We offer
guided tour5 of 2 CornTnorket (The Pointed Room). 260 Easl St Helen's Street IThe Medievol
Merchont's House) ond the RÈwley RIKXI Swing Brid9e.
Wepromote the heritageofpveryportoFOxford.WerunopubliteventsprogrtJmrnethroughoul
the year, providin9 lecture5. tours and 9uided walks on varied rjspects OF the cily'> rich history.
We work In pgrlnership with locol people ioexplore ond S+￿re the history ol Oxlord's t)uildinqs.
lord5copes ond communitiÈS. In Tecent year5 this included o free s&lf-guidÉd heritoge wolk in
We operate o mefflbership scherne For on onnual wyrnent members enjoy free or reduced
tickets For our events progromtne, Pgiority bookiftg For Open Doors events ond access lo
exclU￿we rnember-only e¥ents. Additiorhol benefits Include lfee entry to Oxford Castle & Prigon
and g IO% discount In the Oxford C05tle Gifl Shop. Ihe Ca5tleyord branch of the Jericho
Coffee Troders Coré ond the oword-winning Victorio ArtTS on the bonks ol the river Cherwell.
Membprs receive a weekly ernail with news ol upcomiAg eveTrts ond a newsletter Iwice a yettr.
Fhe support of over 300 volunteers is critically impoftrjnt to U5. entsbling u5 corry out essential
notijro recovery Work in our oreen spoces and to deliver our onnuol Open Ooo<s event. The
ITiembers of our trustee bwrd. (Fdvi50ry tor¥)miltees ond Award5 ju(k3ing ponel oll give their
time expeitise freely. We're very groleful to oll ourvoluniws.

ACHIEVEMENTS AND PERFORMANCE
Green Spoce5
There tsre 244 people on our volunteer moiliry lisi lor Green spaces, 89 of whom joined in
2024 During the year 73 volunteer work porties Coffied out essential noture conservotio
tasks on our lond. Our volijnteer work portie5 Continued to meei monlhly ot Hoylord Meadow,
Lorkin% l.ane and Wolvercole Lakes. New work parties were established at Rewley ftood Swinq
Bridge ond at fvlorslon Homm. Volunteer work porties led by Abin9don Grcen Gym ond Oxford
Con5ervolion Volunteers IOCVI Supported usot Boars Hill ond Kennin9ton, as well 05 larqelin9
aclivlty ori land vlhere It 15 needed most. Wewere delighted lo welcome some ofour Corporote
Members- Sovills. Glonville. and OKford North. Induding Loing O'Rwrke and CorÈy5
to ovi
volunleer wurk porties this yeor We were 0150ioirÈd by employees from Hottre Leo. Wilrnot
Dixon, Storey Consulting ond Diornond Lpght Source.
On Boars Hill, volunteers hove helped us keep paths open ol Abrohom Wo(xJ. Jorn Ncoth and
Wild Garden ond Elizobeth Doryush Memoriol Gorden ond worked on clearing broFnble and
invasive speiies. On Jarn Mound. the vegetotion ether side ol Ihe Sleps wos cut and ioked. At
Matthew Arnold Field & Reserve, we focused on clearing bTamble ond encroor.hing scrub to
get Ilie Fièld reody loi groEliig ogain. Our volunteeT5. guId￿j by our consuliont ecologist Rod
d'Ayola. hove 5tartpd clearing olon9 the fence line between the field ond reserve ready for it
to be reploced. Old Berkeley Goll Course ond Chilswpll weTe gfozed for the final tsmo by the
Hongons ond o new grgzier has been lined up l<x 2025_ On the Old Golf Course, volunteers
conlinuÈd 10 nurLure tlie Ivy leoved cTowfooL a vpry igre p￿￿1 in Oxfordshire. by reducing the
risk of Il drying out and beiry shaded by encrooching gra55es. Signage wa5 insfalled the top
of Old Berkeley Golf Course Ireplocing the mop In the moin bootd ond the regulations notice.
and two smoller boord51 ond ot Si9nol Elin Field (three poern signs ttnd a ieplacemenl
view5 sign)
The areo orourKI the porKls 01 Heyfofd Meodow wos Cleored WTth the help of our vi>lunteer5.
At Kennington Memorlal Field volunteers hov? worked unrovpriilfj ont hills and reducing
SCFub Thc Field was grozcd 0% usuol On Ihe Kennin9ton Flood M•4dow5. fencing wa5 rp.poired
ond willows pollgrded. Wel ground condilions ond the pre.£eii¢e ol 4a9WDrl rnade it o tricky
yeor for cutrin9- ond grozing wosn'E possible We Will be working With the grozier to tfy und
rempdy these issue5 in 2025 We received o FormirKJ Recovery Poytnent frorn the RPA of E8,125
Iovwords loss off Income due to fio(Kling. Woyks wereiorried oul on Ihe building ot the Sijndford
Hydro which meonl the rneodow wos troFfid(ed more thon usuol. causing some datno9e which
is lo be repaired.
At Hlnksey Meadow we Fenced ol¢)n9 Ihe slreoni ond re[￿Ired fencing along Willow Walk to
stop thv tollle wandeiing Tho fritillary cixjnt wasc¢iried out in April. recoYdin9 215 flowers oTrd
399 vegotative plants which Is In line with Ilie nurtiber5. A hoy cut W05 t(Fken in Jvly. but it
wos too wel to do Lhe vsuol altermtsth grozing The rare Creeping Marshv40rl plonl continues
to survive In No¥th Hinksey Meudow. de5Plte Ihe prolonged wet cr)nditions over wintpr ond the
unusually loi)g. cola, wet Spiing. The populotion of the plont is ￿1g￿llY sffloller Ihon previws
yeors but remoins the biggest populotion in Oxfordshire.
We'vp mode good pri￿resS With the restorotion of the fen and gras51and h(5bitals of LLi¥kin5
Lan• Field Thé oddition of o boardwtslk over the Fen. bvill by Oxford Conservatiorp Voluntoer5
nd funded by Oxfordshire Couiily Council. hos rnude the 5poce more (Jccesgble to visitors.

Al Morst•Tr on our fiolds to either side of the Marsion Ferry Rood i)ur tenant forffter grew
Wintor Bird Food. The spleDdid sight of the 5unllowers ond the vtsriety of the EMrds drown lo
Ihe rartge of plant5 grown for food and shelter were ertjoyed by loca15 and v151tors to the fields.
includiiig members ol a 1ocol hirdwarching group. who recorded what khey saw NurnbÈrs
OF tiird5
including some species, like yellowhaTnrners. that oro declining $19nilicanii¥ ot a
notionol level- be9Ull to build frorn mid-NovÈmber loa peak In Inid-jonugry. declining rapidly
in late Februory when they returned ro breeding grounds By for the most ImPTessiv¢ birds
on the seed fieldx were six species of finches. namely linnels, chaffinches. brambling5, Si5klns.
greenfinches. ond goldfinthes.
Volunleers ¢lÈ¢red the woodland path 10 the ￿de of Ihe Chervlell ond olnng the path beiwee
the Victoria Arms ond Morslon Homm A hoy cut wos OL Mafston Hamm tsnd it ¥vos
ofleimath grozed We examined each field with Ctttriom Boss. o floodplain meadow expeTt
and member off our Gieen Spoce5 Cotnrniltee. We fourKI potential lor Testoration In at leost
two of the fields, where rare plonts like Gr￿t Burnel and Meadow Foxtail were prèsenL
Al R•wley Roud Swin9 Bridge volunteers hove cleored vegetotson on 11)e bonks of the Ihonnel
ond on thp. railwoy embtsnkinenl. oround the bridge ond on the obutment. The bridge decks
were cleoned ilie pump wos run tss needed. A corporate 9ioup joined us Auou%t and
helped us prepore and sow seeds 10 creaie polches0fv4￿Idtk)￿eT meadow. In 2025we will coriy
out fflQ1ntenance checks. following ihe mainte¥unce monual.
Our ¥olvnteer5. under the 9uidancÈ of e(010glSt Rod d'Ayalo. cleated a shallow pond ot
W¥lYarcot• Lakes to enhance the conservation VOIL￿ and give visitors to the space onother
feoture ro onjoy. This wos portly funded by a gront of E2833.33 from Gruftdon Wnsle
Monagement. via Ihe Twst ltsr OxFordshire'5 Environment.
At Wolv•re•tg Meadows the moin tneodows were cut ond grazed by FAI Faims Access into
ofte of the £maller field5 wos Irnproved 50 11 is now accessible vio the track off Godstow Rood
Tother thon Lhrough Ihe neigh￿ring propeTty. This will help wirh Ihe Iree und fencing work
planned to gel this field grozed 090in_
Membws ore owore Ihot the Environment Agency hos applied for powers compulsorily to
puichose londholdings, Includinq poits ol OPT'5 meadows at North Hinksey, in order to
conslruct the Oxford Flood AlIe￿atIOn Sch•m• The Secretafy ol Slate onnounced o public
inquiiy inlo the CPO In June 20?3 ¥vlii¢h concludpd in Jonuory 2024. As delivery of tho gcheme
will involve the dèstruction of rare MGd grossLond, OPT oty"ected to It We awail Ihe Secretory
oFStote's decision on theCPO. In Ihe meontirne- In Jvly2024- Oxford Counly Council 9ranled
planning permission For Ihe Scheff￿.
As holders c* a covenant whrh safeg￿rdS puUic ac(e5S to South Park. we have worked c105ely
¥withtheCityCwncil.theFriendsofknthPotkarKlother510kehoklersioprpveDt tnaj(Kevenlsfroin
damaging this Iinwrlanr k)colamÈr¥ly Our wrticuknr focu5 was￿ en9Jiing that preporotlOll51
the 2024 Round fabÈ Fifewcvks event i￿l￿ded odeqLKJte wet weather mitigobons.
Heritage
Repairs to the Debtors. Tower ot Oxford Costl• weie COm￿eted by thÈ County Council. We
completed the 5eTisilive refurbislimpnt of the Up￿￿￿ FI￿[$ of 3 Commarket, Including the
Pointed Roorn Al 8-t0 Tum Again we iepoired Ihe roof. external joirTrery and rédecoiaied
the cxteiiors of als Ihree house5

We wertdelighted thot the Cov•r•d Market unitswe'd restoredwpfe Ipt to Namblin Breod. one
off Oxlord's higliest quality baker.R. We begarTr phnnin9 repoirond re510ration of the W•lton
W•ll Drinking F•untain We're very 9Ctrlelul to co￿ncIlI0r j(Sn￿$ Fry (Fnd Sir ToTn Shebbeore
lor wo<kin9 tifLJle5sly with IcKol people lo ra15e funds for this propct.
Pltsnning
We reviewe¢l over 250 plannin9 opplicotion5 ond svbmitled fortnol comments on 61 co5e5, oll
of which caTI be found websile. We'ro ploased to have been involve(J in eorly d15cussion5
obThJl developin9 proposo15. Including those tsi the History of Science Museum. Warnelord
HospiLol. OxFord Cov&Ted Mtsrket, the Cowley Bronch Li¥￿. Redbrid9e Poddocks. Monsfield
College. and The Eagle orKJ Child.
Wè Submitted cornments on policl•s which ￿11 IKJve o kMKJ tem) impact on the location
orid rype Df devolopment pp.rmilted In Oxford ond It5 etwirons. Th￿ included the Notional
Planning Policy Framewoik. Oxford Cily Council L￿ts1 Plan. South Oxfordshire District Cc4Jncil
Locol Vlan, Youlh & Vole Londscope Slrote9y. Oxfvrd City Couiicll LiohtiTrg Sirategy. Oxford lo
Cambridgp proposed roil link, and Ihe Ccntral OxfoTdshire move[n￿lL aiid Place Fromework.
We're pleosed to w¢>rk closdy with colleagues in local outhorities. advisoiy bodies. omeiiily
societie5 Qnd ocademic institUlion5. These Include Histori Englond. the Georgian Group,
Oxford City Counal, Oxfcird5hire CIMJnty Coun(d, Oxlord5hiie Architecturol orbd H15turicol
Society IOAHSI, and Oxford Brookes Vnivergty.
Our 2024 H•rltoge Int•rn was Ch(Jrlie Jocob& who was studwr¥J for a Msc in Historic
Conservolion al Oxlord Brooke5. He ottended our advisory commiltees onij look on active
role In itrie 2024 Awords. At the end ol his inteinshipwe weredelightcty toappoint ChorliE lo the
role of Planning & Projects Ollicer. CkKJrfie w05 aworded his MSC in OctobÈr 2024.
A wide range ofexcellent projects were entered forouronnual Awords ficheme, demDnsiTQtin9
th(Jt new design andcon5ervotiort continuesto fiouri5h in Oxford. Theiudgesowarded plaqups
lo the Jockson Library. Exeter College IBuilding Conservationl-, the Fiewin Cjorden buildin9.
Broseno%E College (New Buildingsl..St Paul'5H(￿se.jerI¢hO (New Buildinq51, Holywell Cometery
(Londscape & Public Reolml.. Lemond and Fignon 8ridge5 ILon¢J5cape S Public Fleglml,.
Reuben Colle9e (Green Award). There we¢e 16 ¥*orlhy ¥vnner5-up. Including on affordoble
housing scheme. p.xcellent conservation projects. glorious lemporory hoardin95 and Lwo
Inspiring community projects In East Oxford. The accessibility ond sustoinobility credentials
ol most projects were better Ihtsn ever 11 was very pleosing to see 50 mony reFurbished
buildingg. en5ufing Ihat more of Oxford's historic fobiic Is retoined. In environmentol terms.
Ih15 19 so much better that) demolilion. which Is o major souice of corbon emissions. Hisloric
England ond the Green Building Council OTe arnong many orgoni5atiofis calling for owner5
ond developer5 to odopl existin9 buildings wherever possible. In NoverTrber. we held the 2024
Awards Ceremony at Si John's College.. generously supported by our Corpofoto Mp.mbpr5.
Mothows Comfort. Carter Jonas, ond Critchleys. The event wos otlended by opproximately
170 9vesls. Includinq Inony Corporate otKJ Potrtrn Meinbers, a5 well 05 plonning officer5 and
project roprpsentalives.
Engogem•nt
We held 43 e¥•nts as i)ort of our public prD)romme. ofFering disciyjnts to OUT rnembers Thesè
Included o leclufe serie5 on o range OF oxford-￿1ated IhÈmes. given by lotal ond notioncl

experts, guided walks. site Visits ond mont11￿ tours ol the Painted Riy)m 13 Corntnoiketl ond
Ihe M&dievol Merchunt's House126A East St HdeTr's Streel. Abin9donl.
A5 porlof Iniliotive lo offer iicheiexpeiiences of our historicspaces, wetrialled 50rne special
events in the Pointed Roorn. These included
Shakes￿al¢sAlabic Sonnets. on explorotion by Dr Robert Stogg of Ihe Arabic PTe-histoiy
of the sonnet form
Homnel Exlrooidi￿￿ Tudor Liues. o conversation between Dr Janet Dickinson ond Dr
Lynn ftobson. u￿n9 Homnet QTS theTr inspiration. our speakers used liistoricol records,
Iiteraluie. ond art to exploie the exlroordinary lives of 'oidinaiy' Tudor people.
Unuersed...
o crit1colly occlaimpd solo show peTlormed and wiilten by Beckis Cooper
aboul place of women in Shtskespeore'5 pkjys ond in sociely.
Wolf Holl Truth, Histoiy ond Lileratuie. Dr Janei Dickinson ond Dr Lynn Robson discussing
HilaTY Montel's Wolf Holl ts1109y ond herdetxctionol theTudor OD pag&. sloge. and
screen.
On 14-15 Seplember 2024 we parliiered with o wider ran9e of institutions ond Indiwduols thori
ever befoie for our Open Doops weekend. opening 140 of Oxford'5 buildings. grEen sp(Jces
nd monvments to around 30,000 visitor5 111 Volun￿er5 helped moke the 2024 Optrn Doors
weekend possible. In the vleeks bcforehond theyossembled venue pocks ond delivered Iliom
on loot ond cycle ro venues a¢rO55 Ihe cily Duiing the weekend Ilsp.If they wclcomed visiLors
to venue5, Stewa¢ded guided walks. a55isled wilh workshops and helped with fundioi￿rng.
Among Ih05e places opening for the firsl bme werè Slade Catnp. Florence Pork Communitv
Ceiitre, North Porode Mafket. Osler House. tsnd Reuben College. Our pro9romme of lamily-
Friendly events Included guide¢J walks ond tour5, film-5creenings. stone corving. lellefpre5S
prinring, silk-screen printing, t-shirt upcycling avd rnusical peTformancps In venues ranging
From the Ultimate Picture Palace to the 5heldonion Thealie We're gratcful to a11 our volunteers
anrj partners-
and to the orbsts. sculplor& historions ond muycions
who gove their time to
help moke the weeke1￿ so special_
We completed our W•od Form Communbly Projeet In oost Oxford. working with local historian
LIF Woolley ond bolh present ond lormci rosidLThnts. We're gfoleful for the supporl ol our fripDds
at the Bvllingdon Community Cenlre Iwinnei of o 2023 OPT Av•ardl. the perfect venue fur our
engagement oclivilies. Lil Woolley's rerx)rL A History of Wood Forrn, OKford'. 15 dtswnloodable
from our webslte and o copy Is ovailoble al Ihe Oxfordshire History Centre. It tells rhe Story of
Ihe arw which wos tronslorTned In Ihe 21Y century From farmlond ancj open fields to o place
full OF new kinds ot housing ond locilitie5 For Oxford's growing populolion. We printed o Wood
orm Hlstofy Walk. which we distnbuted to locol o1gonisalion5 ond hos met With o positive
reteplion, with requests Foi hjithef copies We're. delightéd Ihor The Slode Niif5ery and Wuod
orm Primary Scliool are OUT work os the bas15 for learning progromtnes ar Early Yeor5
Foundotion ond Key Sioge$ 1-2.
We mel those Involved in Oxford Countycouncil'scommunlty Ins￿h1 Profilo on Wood Form.
due lo bp published in early 2025. lo diSCUSS the wlue of our work 05 Q SOUTce ol historiLal
contoxt for Lhe arecs's heiitage ossers ond communlty lor.ililies Our Wood Form pioject is we11
repitsentpd In Ihe report ond Heallhwotch Oxfordshire has ocknowledged the value of our

school Tesources ¢Js a foundolK)n lor Iheir engogement work with youn9 ￿0￿[e.
We eblablishpd o portnership with the Shotover Preservatton ￿cIetY. working toqeiher tsn
The Slode Army Comp Community Prol•cl Local poople have diSCOvered -
ncj unr.overed
Ihe la5CIIiOling romtsins of tlie WW2 oroy CQTnp which once Èxten(fod from Wood Faim lo
the lower slope5 OF Sl)otover. They gove guided tours of the camp 05 porl of our Opon Doors
w&ekend ond we've begurr work on o joini project to interpret Ihe physic(Tl rernain5 of Lhe c(Jmp
and to copture the remtniscences of formeT residents.
Oxford Castle & Pri50n continues io s)erform well with on intreased number ol visitors over the
covr%e of Ihp ¥eof16?.315, up from 6).376 in 20231_ WÈ have alg) continued to see an incteosed
number o15chool Visits ocross the year14.146. up from 3.762 In 20?31
FINANCIAL REVIÉW
In ?0?4 ourexpenditureexceededourincotne. resulting In g net105sof £6,284 before investment
goins ond losses Thi5 comporpd fovourably Wilh ?O?I when ihe Trust ended wilh o nel1055 of
£483.3?8 This loss wos anticipated ond in line wilh our budget. With reduced expenditure on
projects and plonning. There were land ond prO￿ri¥ acouisitions or dist)05al%. Iriveslment
gains in the year were £246.830. resuliing in on overall Increase In funds of E240.546
WillTrin those total Trovements. the RestrKted Funds are held for specifio projecls wilh
Unrestricted Funcls avoilable 101 9eTTrerol use. both os c¢J5h ond invèsiments, all of which
are held In furtherance of the Trust's strategic tyirns and objectives OPI'5 green spoces ond
propprlies ore also held In fLJrtheron(e of the Tiust's (Tims and objectives ond ore shown os
de5ionated funds.
The financiol stiate9y of the TTtsSt is to bok)nce intome and expenditure over the longer Icrm
tsnd Ilie OPT toam. led bythe Chief Executive. work hord lo ochieve this. kecping down costs off
adminifilrulion ond seeking volue lor moneyon necessary expenditures Sotne of the Restricted
Funds ond Unrestricted Fund5 which are do5ignotpd for specific purwses con 8orDetime5 be
held for one or rnore years before being spenL. which con resuji in signiticant voriaEion In the
finonces from one year to the next.
In 2024 our restricted reserves grew by £49.842 in Ihe ye(sr. which Included fundraising for now
projecls to support the installolion of signoge ot South Park orKI the Testoration of the Walton
Well Drinking Fountain. ttnd receipt5 from Oxford Costle sei oside for future capital spend at
the site iri poitner5hip with the operotors.
The Fi￿nce Committee ovefseps OPT'S Investment policy ond during It5 qvarlerly rneelings
review.s the peifoimance ol the Trust s portfolio. As at 31 Decem￿r 2024, the investfflpn15
loLolled E4,004.167 E?.?80.873 was held in the Cozenove Charity Responsible Mulii-AssÈ1
FLJnd ond E1.723.894 wos Invested In the Sora*n ClittHJte Active Endnwmeni Fund Through
these Iiivestinents we seek to generate long-lerm return5 0ppfopr￿t¢ to o Nilonced portfolio
while ar.trjng os a responsible Investor rhe poFlltslio generoled o totol ieturn OF 6 1% In 2024
12023 7.6%). which wos coTrsidered lo be o sot15factory performonce in the context of market
condition% and the Trust's ethicol choice5.
At Ihe yeoi end Ihe Tru5f hod totol ossets ol f8.045.138. Tongible ond heritoge assets slood
ol E.B.198,163 1?0?3 E3.204.8301. Investrnen15. desi9nated Funds ond general funds wero
E4.584.695 12023". E4.381,3351, wth unrealised goin on investmenls of £229,917 mitigoting

Ihe nel loss generated by our otlw Octivit￿5. There 15 0 frjrther £262,280 12023." £21?,4381
in resLTiCted fund%. Wilhin the unrestricted FvTKJ5 the principal designoted funds are Lord's
Farm F104.fj18. Education and Engogement £2C>6.728. and the Williom Delalièld Choritat)le
Tiusl E83,175. A5 Ot 31 (>ecember the free reserves of the charity were £145.108 which is in
accordance with the choyity 5 reserves policy.
The Tr￿St hold5 unrestricted rÈserves toeDoble it to movè quickly lo secure property in line with
5trotEoic priorities. Additionolly. income from Ihe investment portfolio supports routine onnuol
expendilure and 15 essential to mointoiniDg the TTUSI'S activilies over the long tcmi.
RISKS
The Trustees have identifiÈd four main fisk5 ond ogfeed the followiw mitigotions..
RISK
L05s ol income due fo
ieduced mÈmbership, rent5.
Investmenl returns ondlor
thIrd-[￿ll¥ inconie
MITIGATION
The plurolity of funding sources is a150 a 51renglh, ensuring
t*￿t Trusl is not overty dependent on one income
streom. The Finonce Comrniltee review5 the finances on a
Quarterly bosis. The teom (5re Itnplementing improvement5
lo the Tnefnbership offer ond rnember communicalions. as
well as seekiry to Incr￿￿0 the numbÈi ol corporate and
Potron mctnbcrs.
Cyber-5ecurily review is underwoy. Controls at operotiontsl
level throu9hout the Iy9anisotion.
Damge Ireputalionol.
operolional. tinancioll coused
by cyber-criine
Serious 50fety breach
Robust Heolth & Safety fromework. policies and procedure%
In place.
Roles hove been redefined and benchmorked. A salory
ond benefits review is underway oloryj considerotion ol
development potential ond prowi%on.
The teom priorilises building ond 5UStaining good
reToiitin5hips with the Trust's many stokeholders.
Loss of key personnel due 10
uncompetitive remuneiotion
Reputationtsl damage due
to pool ielationships with
%takeholders and slow
resolution of stokeholder
Issues

STRUCTURE GOVERNANCE AND MANAGEMENT
Oxford Preservotion Trust is o re9iStered chority ond a cotnpony Iimitred by guuianlee.
The Board of T<ustees, which Is mode up of six elccted, six co-opled, ond 51x nominated
Trustees. sets the 5trotegic direction for the work OF the Trust. Eoch Trustee is oppoinied foi o
three-yeor term. which rnoy be renewed. All Trusiees Ottend familiarisotion day5 during thei{
lerms ond ore expectred to loke on octive role. to a comrn*ttee. ond to get lo know the CEO
and her learn. Durin9 their tem7 TNstees ore offered regulor OPPDrtunities to en9cJge with the
curient ￿ork. and to otlerKI the Wide voriety of meetings. events and site w51t5 that toke ploce.
TrLJslee5 meel quorlerly ond ottend annuol owaydoy.
Trustees each serve on one oFthe Trust'scommittees. The newcomrnittee stwcture. estoblished
in 2023. was reviewed in 2024 The number of committees was reduced from 7 to 5 ond term5
of reference for each were refined.
Finclnce Cornmittee.. oversees the Trusi's Finanool ond fisk tnanogernent.
Engagement ComrnitlEe. odvises the Trust OD Its engagement ond educotionol work.
Green Spoces CofflmitEee'. odvises the Irust on the stewardship ol it5 grÈÈn spaces.
Heriloge Committee". advises the Trust On the protection of Oxford'5 built heritage.
including propert￿ in its own cure
onning Comrnittee_" odw*s the Trust on it5 planning work.
Eoch coiTrmiltee is chaired by o Irustee. Members comprise trustees and co-opted members
The Awards Judging s)onel 15 Formed ol loccjl people ¥Vith Wide-ronging expertlse.
The Trustees hove oppointed o Chief Executive lo run rhe Trust on thejr beholl. supported by o
team Ifoui full-time/four part-timel with relevont profesyonol ond odministrativt skill5.
Remuneration rnotter5 are monoged by the Choir. VI￿ Chair Chair of ihe Finonce
Comrnitlee.
io

REFERENCE AND ADMINISTRATIVE DETAILS
Chair.. The RevfJ Conon Prof WIll￿rn WFryte
Vico-chalr Dome Helen Ghosh
Mtsrk Beord DL
Cllr Lizzy DiggiTIS
Emily Gee
Dr Nick Lwtnu-8rown
JUl￿n Munby
Philip Porker
Cllr Susonno Pre5sel
Cllr Roz Smith
Carole Souter
Dovid Streot
Prof Joe Tah
Dr Geoffrey Ty¢xk
Cllr Dr Louise Upton
Prof Heather Viles
b luntil Marth 20241
b luntil December 20241
o. &lected',
'. co-opted."
c." nominoled by Univeryty,
norTr1￿0ted by Citv..
e." nominated by Cwnty
Hortrjvary Vice President5
Prof Mo1colm Airs. John Ashdown. Her Honwr Ann Campbell, Charfes Cooper. Edith Gollnofit.
Dr MaEolm Grohom, Tom Hossoll. Lucy Hughes. Dr lon Scor9ill
Areo Patrons
David Cartef & Lody Phyllis Trwlel IBoor5 Hill). Martin Horris Ishotover).
tkJniel Tar2ey Isondford & Kenningtonl
Engagement Commlttee
Cllr Liziy Oiggifi.% Ichoirl, Suzy Oroha￿ Alice Puthiss, Clli Roz Srnith.
Finan¢0 C¢)mmltt44
Philip Porker Ichairl, Mark Beard, Jen5 Thd5trup.
Grean Spts¢•s Comrnitt
Dome Hplen Gho5h (Chairl. Catriono B05s lfvom April 231, Dr Nick Lwmu-8ro¥YTK
Cllr Roz Smith, Wolter SowyeT
Heiltage Committeè-
Prof Heather Viles Ichairl. Julian Munby. Cllr Susanno Pre5sel, Dovid Streal,
Cllr Dr Louise Upton.

Plonning Committeg
Carole Souter (Chair until Morth 20241. FiorKJ 8oTthDkytEw. Chri5 C(xI￿n5. Emily Gee. PrDI Rolot
Guplo. Nc>el Newson. John Steven50rL ProfJoÈ Tah. Dr GeoFfrw Tyack
Aw4rd¥ Judging Pano1
The Rev Conori Prof Williom Whyte Ichairl. Or David Lewls. Alice Puths& John Steven50n.
Dovid Streat. Dr Geoffw Tyock, L*z Woolley
PrL¥fessionol Advlsoys
LarKI Agents".
knlls IL&PI Ltd. Wythaffl Ccxjrt. n Wesl Way, 8otley. Oxfwd. OX2 OQL
Barcby5 Bonk pjo PO Box 333. Oxford. OXI 3HS
Bonkers..
AudiEors-.
Grovito Audit Oxford LLP. First FIooT. 40-41 Park End Street,
Oxford. OXI IJD
Mrlls & Reeve. 27 Pork Efjd StrecL Oxford OX1 IHU
Investment Adw15er5'.
ca￿n0Ve Copitol Monogement Ltd. 12 Mcv)rgQtc. London, EC2R 6DA
Sorasin & Partner5 LLP. Juxon Hovse, 100 St Poul'5 ChuTchyord,
London, EC2M 8BU
Planning C¢>nsull<Jnts". Corter Jon05. Mayfield House.256 Bonbury Rood. Oxford OX2 70E
Team
Anna Eovis, Chief Executive Office
Stephen Dawson, Herilage Director
Loura Worden. Senior Planning OfficeT
Honnoh Elrockwell. Green Spoces Officer
Shona Corr. Heritoge & Nanning Office¥ (until Fe￿or¥ 20241
Anno Clork. &ngogemenl Olficer
Hywol Edword5, Finance & Governants OfficeT (until Augus120241
Charlie Jocobs, Plonning & Pioiects OFficer
Louise Lockyer. Membership Olficer
Elic(5 Porsons, Admin15tialur (from Oct 20241
Moll Todd. FiTrJnce Officer (Frorn August 20241
Nino Uroi. Development & CommunicatioThs OFficer luntil ju￿ 20241
Oxlord Pre5ervotion Trust is o compony limited by gLKJrontee.
Re9tstered in Engk]nd number 2258390_
Registered with the C1￿￿1tY Cortbmission number 203043
Registèred for VAI (Trumber 879 0464 821
A copy of the Twst'5 governing Mernorondum and Articles of Association is (Jvoilablo on
reoue5t from the OIFice.
12

Registered Office
10 Turn Agoin Lone. Oxford OX11QL
Telephone.'1018651242918
Emoil.. info@oxfordpreservotion.org.tsk
Website. www.oxfordpreservotion.org.uk
For ond on behalf of thÈ Trust
Reverend Profe550r Willio
hyte Ichaiil
Mr Philip Porker
2 June 2025

OXFORD PRESERVATION TRUST
ACCOUNTS FOR THE YEAR ENDED
31 DECEMBER 2024
OXFORD PRESERVATION TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustee5 (who are also the diTeilors of Lhe charitoble compony foi the purposes of
company lawl ore respon￿ble for preparing the Trustees Report and accounts In octordance
with opplicable kjw ond regulotions.
Company law requires the directors to prepare tsccounls for eoch financiol yeor. Under thot
law the diiectois hove elected lo prepore the acc(yJnt5 in occordance with Unitecl Kingdom
Genorally Accepted AcC￿nting Proctice (United Kingdom Accounbng Stondards and
opplicoble lowl. Uncler comp(sny low the director5 must not opprove the occovnLs unles5 they
ore sotisfied thot they 9ive a liuè ond fair view of Ihe slole c>F ofloirs of Lho cumpony ond Ilie
incorning resaurtes ond resources expended of the company IOT thot petiod.
In preporing these aCC￿jnt￿ the director5 ole required to."
select suiloble ottountitvJ ￿l{leS otKI then apply them tonsistently,"
mtskejudgments ond uccounting estirn01È5 thot are teasoroble 0￿1 prvdpnt.,
prepore the firbanciol 5totemeTrls on the g(Nn9 concern bosi5 unle55 It is inappropriate to
presume that the ci)mpJny ￿11 continue in ￿sIneSs.
The diréctors are resporbsible For keep*ng odequate accounting record5 thol ore 5ullicienl
to show arid exploin the compuny's tronsociions ond (li￿10$e with reasonoble occurocy at
cjny liffle the finonciol posilion of comp(Jny otid enable IhÈm to ensure thol the occounls
cornply ¥vith the Companie5 Act 2006. They ore olso responsible for sofeyuaiding Lhe 055els of
the compony and hence for laking fe<JsonoEle step5 fot the prevention ond detection of fraud
ond other Irr￿ularitIes.
So lur os thc Trustee5 are aware. there is FTro rÈlevont uudit inttsrmation linformation needed
by the choritoble compony'5 ouditors in cOnneCt￿n with preporing their report) OF which the
chaiilable companys ovdilors are unowore." orbd
Ecjch Trustee hos token all Sleps thot he ought to hovè token as o diFector In order to tnoke
himsell owore of relevtsnt audit information and to estoblish that Ihe chorilable cornpony's
QLJditors ore oware of that inforrnotion.
SIGNED ON BEHALF OF THE TRUSTEES
Reverend Prolessor will￿(n
te Ichoirl
14

INDEPENDENT AUDITORY REPORT TO THE MEMBERS OF
OXFORD PRESERVATION TRUST
Opin5on
We hove (sudited the finoncial stolements OF Oxftyd Preservotion Ttust IthÈ'Charity I for the
yeor eDdecl 31 December 20?4 which compriso Ihe Income& ExpendilureAccount. Statement of
Fin¢Jncial Activities. the 8olancc Sheet ond the Cosh Flow Stoiement ¢Jnd nores to the linancul
5totements. Including a sumtnory of significont aCC<￿nting policies. The finoncial reporting
fromework thol ha5 been applied in th￿r prepofotlOD 15 (Jpplicoblp low ond United Kingdom
Accounting Standords, including Fin0nc￿l Reporting siondord 102-. The FinL)ncial Reporting
Srondord applicoble in the UK (United Kingdom Generolty Accepted Accwnlin9 Piocticcl.
In our opinion, the finoncial stotements.-
give o truts ond foir view of the 51ote OF the Chorit¢s offairs os ot 31 December 2024 and
of its ificorne ond expenditurc for Ihe yeor then ended..
have been properly prepoled in oc(￿d[InCe wrth United Kirv4dom GeneTally Accepted
Accounlln9 Proctice-.
have been PTÈpc*red in occordonce ￿th the ieqvirementg of the CompoTriÈs Act 2006.
Basls for oplnion
We condL5Cted our oudit in accordance with Internotional Stondord5 on AuditirTrg IUKI IISAS
IUKII ond opplicoble low Our reSpOn￿bIlItieS under those stonclaTds are Iufther descnbed in
the Auditoi's responsibilities for Ihe audit ol rhe fiThJncioI stotetDent5 section OF our report. We
are independent of the Chority in occordonce with the ethicol fequirernents thot ure relevont
to our audit of the fintsncial 5totements the UK. including the FRC'S Ethicol Stondard. ond
we h(5ve fulfilled our other ethicol resp￿￿bIlItIeS in occordance with Ihtrse iequirpments. We
belicvo thot the audit evidence WÈ hove obtained 15 5ufficienl ond oppiopriatÈ to provide a
basi5 for our opinion.
Conclu$lon$ ￿lating to golng conc¢m
In ouditing the Iinancio1 stal*ment5. we hove toncluded that Ihe trustee< use of the going
concern bosis of accouDting in rhe preporation of the financul slotements is tsppropriote.
Bosed the work we hove perlorrned. we hove not idenlitied ony moteriol uncerlointies
reloting lo events or conditions thot. indisrydually or cdlectively. may cost 519nilicant doubl on
the entity's ability lo continue aso going cortern for o period of ot least 12 months frorn when
the finoncial stotements are outhorised for Issue.
Our re5pon5ibililies tsnd the resportsibilities of Ihe irustees wth respect to 9oing concern ore
described in the relevanl sections of this report.
15

Other inform(Itlon
The tIUStees ole respon￿ble for the other infornKJtion. Ihe 01￿ infor[T￿tIOn ccmnprises the
inforrnotion inc.luded in the onnuttl report other thon the fiwnciol stotemenis and our oudito¥'s
report thereon. Our opinion OTTr the finoncial slalements does not c¢>veT the other Inlormrjtion
and. exccpl to the extent othervlise explititly stated in our reFX)rL we do not expie55 ony form
of 0s5uronce conclusion thereon.
In connection with our tsudlt of the tifrtyncigl SiatemeDt5, wr responsibility 15 to read the other
informotion ond. in doing so. consider whether the olher informoiion is mater￿llY incoTrsistent
With the Financiol stotements Ot our knowledge obtained in the ovdit or otherwise oppears
to be moteriolly mikstated. If we idcntify such moleriol incoTSiStencie5 or opparent rnoterpal
misstalements, we are required to determine whether there 15 o moteriol misstoiement In the
finoncial stolÉmenls or o materiol rnisstotement of the othor information. If. based on the
work wo have porformed. we concIL￿e thot there i5 0 materiol misstotetnent ol this other
information. we ore required to iepoit Ihot loct
We have nothing to report in thi5 re9ord.
Opinion5 on other mottets Prn5cribed by the Companl•s Acl 2006
In opinion, based on the WO￿ undertoken in the course of the oudit..
the informgtion given In the trusiee5' report lincorporoting Ihe sErotegic report ond the
directors. reportl for the Finonciol yeor for which the fI[￿nCK]IstotetTrenls ore prepared is
consistent with the finonciol 5totementS trFKI
the Iru5tees' report Itncorp)orotir¥J the strate9ic rewt and the directoys, rÈportl hove
boen pr&pared in occoidance with opplicoble legol requirements.
Matter$ on whi¢h wa tsre r•quiTed to report by ex¢eption
In Ihe light of Ihe knowledge ond underslondin9 01 the COTnpony(Jnd it5 environment obEained
In the covr5e of the audil, we have not identilied moleritsl ffl1SStotemcnts in the tiustees,
report. We have nothing to report in iespect of the following mottW5 In relation to which th@
Componies Act 2006 requirÈs us to ieport to you IF in opinion".
5ufPi¢lÈnt acc￿n￿n9 record5 not been kepL
the finijnciol stoternents ole not in agreernent wrth thea£C￿jntlng records rjnd reiurn5'.
certain disclosures oFtrtJstees' remuneration specified by kjw are not rn)de,' or
we have not obtoined all the inforrnotionond expkJnation5 necessory for the purposes of
our oudit.
Responslblllti•s of thg tn55te4s
As oxploined rnoie fully In the trustees. ￿SponsIbl11t1es slotement. the trustees are fesponsiblp
for the preporabon of the fin(5nciol 5taterrFents ond lor beiry sotisfied that they give o true ond
foir view. ond fof such Internal control os they detprmine is necessory to enoblethe prepoiation
of finoncial stOlemen15 thot are free FFOM r[￿tell01 tni5Stotemcnt. whether due to fTtsud or error.

In preporing the finonciol statement5. the twstee5 ijre respoasible for 05se55ing the C￿rItY'S
ability to continue 05 o going concern. di5cloyng. 05 op￿ic0b1e. matte¥9 Teloted to going
concern and using the going concern b0515 of occountin9 unless Ihe trustees eithoi Intend to
Iiouidate the Chuiity ot to ceose operation5, 01 hove no realistic alternative but to do so.
Audilor's r¢spon$lbllitl•s lor the oudlt of the fi#oncial $latem•nt5
Our objectives are lo obroin ￿050n￿ble 05suroDce ob(￿t whether the finaficiol stotement$ 05
o whole orc free From mtslÈrK)I misstotement. whelher due lo froud Of error, ond to issue on
audiLor's report Ihot Includes our opinion. Re050noFAe ossuronce 15 o high level of ossuronco,
but 15 not a QLJoraDree thot on audit conducte<J in attordonLe with ISAS IUKI will alwoys deie¢l
o moteriol mi55tolernent when it exist5.
Mi5slotement5 con aiise IrotD Iroud or error ot¥J ore considered muterial If. individually or in
tlie aggregote, they could rea50nobly be expected to Influellcethè economic decisions of users
token (Ji) the b)si5 of tl)ese finantiol staiemenrs.
Irregijlorities. including fraud. are Instonces ol non-compl¥)nce with laws ond regulotioiis.
We design procedures In line with our iesponsibilities, oudined oEx)ve, to deter.t moteriol
rni8fitatements in respeci ol irregulorities. Including froud. The extpnl to which our prccedures
ale capoble of delecting irregularities. inchKIiTig fioud is detailed below.
Our opprooch to identifyiiig and 05se951ng the risks of moleriol m155totomcnt in reSp￿t of
Irre9uloriLies. Including froud and non-complionce with l(Jws and regulolits115. wos as Follows..
rhe engDgemenl porlner ensured thot thÈ engogement teom collectively hod the
appropiiote competÈnce, capobilities skn115 to identify or recogn15e non-complionce
wilh opplicoble laws ond regulotion5-,
we IdeDlified the lows and iegul(3tions opp11cable to Ihe c￿rity through discu55ions wilh
Iruslee5 and olher tnonogetnent. from OUT knowledge ond experience,
we ftcused on specific Iow5 ond regulotions which we con5ideied tnay have a direct
moteriol effect on the financiol 510temeDls or the operotions of the charity.
we ossessed the extenl of iompli(5nce with Ihe law5 and regulotions Identified above
through making onquiries of Tntsnagement and Inspectinq1egal correspondeDce', ond
dentilied kjws and regulations were communicoied w¢thin the oudit teom regulorly and
the teom remoined alert to instonce5 of nM-Cotn￿￿nce throughout the oudit.
We assessed the susteptibility of the chorily's finonciol statements to materitsl missloremeDt.
intluding obtaining an understonding of how fraud rnyht o(cur. by".
makin9 enquifies of rnanogernent 05 to where they con51dered Ihere wos susceptibililv
to ftoud. Iheir kn(Mled9e of octUGI. sv5pected ond alleged frtsud.. and
coiisidering the Intemol conlrols in ploce its mrtigoie n5ks of Iroud and non-compliance
wilh bws and regubbons.
To oddress the iisk of froud Ihrough rnano9ement bi05 und override of controls, we..
17

performe<J onalyticol PTocedures to Idenbiy ony unttyjtsl or unexpected relotionships,"
tested joufiial entries to Identify unusLNJI tronsoclions-.
osse55ed whether judgements 05sumptions rnade in delÈiminin9 the occounting
e5timoles weie indicotive of polentKJI bia5.- and
Investigoted the rotionole behind st9nificant or unusuol tron50Ctions
In response to the risk ol irieguloiitie5 ond non-complionce with lows ond regijlotions, we
designed Pr¢￿ed￿re5 which Induded. bJi were not Imited to"
greeing linaiiciol 5tolement disclosures tn underlying supporiing docurnentation.
reoding 11)e minutes of fflee.tiTrgs OF those chorge(I ￿th govem(7nce," ond
enquiring ol manogemenl os to octual ond potential litlgolion ond claim5.
There are Inherent limittslions tn our oudit procedures described obove. The more removed
thol lows and regulotions ole from finonciol tronsaction5. the le55 likely it is that we wovld
become owore of non-con)plionce. Auditing slondords olso limit Ihe audit procedure5 requifed
to Identify non-compliance With lows and règulotlOn5 to enquiry ol the IrusteÈ5 and other
rnanogernpnt ond the inspection OF regulatory ond legol correspondence, if oTry
Moleriol misstalernent5 that arise due to fravd can be harder to detECt thon those that orise
froffl error a5 they moy iftvolve delibeTote conceolmeTrt or collusion.
A lurthEr descripiioT¥ of our respon51tNlities ts ovoikl￿e on the Financiol Rep¢rliTrg Council's
websiie at-. www.frc.org.uk/ouditorsrespon51bilities.
Thisdescription forms wjrt of our oudilorfs re5)ort.
Usè of our rgport
This report Is rnade solely to the Cknrity's rnembprs. os o body. In accoTdance witli Chopler 3
of Port 16 of the Companie5 Act 2006. Oui oudil work hos been undeTloken so thoi we might
state lo the Chority s members ihose rnotlers we ore reqvired to Slate lo them in on aiJdilor's
reF)ori ond For no other wrpose To the fullesi Èxtent perm..tled by law, we do not accept or
055ume respon51bility to anyone other thon the Chority s membeis as o body. for oui audil.
work. For this report. or for the opinions we have foimed.
RoberL Kirtland
Senior Stotutory Auditor
Foi and on beholl of (ifovita Audil Oxforij LLP. Statutory Audito¥
First FIoDr, Pork Centiol
40-41 Pork End Street
Oxford
OX11JD
18

OXFORD PRESERVATION TRUST
INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
ORDINARY ACTIVITIES
INCOME
Members subscriptitrn5
Investment Incorne
Renlol and oihel income frotn lond and property
GFanls ond donotions for projects
Other restricted Income
128,765
135,732
261,060
216,636
99,084
131.965
237.994
213.556
108 142
Total income from ordinary octivities
838 712
790 741
EXPENDITURE
Expenditure on knnd ond propertv
P¥oiectS
Plonning. scrutiny ond advococy
Educotion, membership ond odministrotK>
209.589 300,284
142.105
242,385
162,082
41?.324
330.700
318 519
Totol expenditure on ordinary ¢xti¥ities
814 477 1273 512
Net deficit on 0rdir￿rY octivities
15.7651 1482.1711
OTHER INCOME
Income frorn legacies
RÉoliged11055Vgoin on frixed ossets
Realised1105s1 on investments
206
500
17251
Overall Ideficitl for Ehe yeor excluding unreolised
inve5trnent gain51(losse51
6 2841
482 378
The 9rowthl in our iestricted reseTves which is
included In our overoll Ideficitl for the yeor (see note 12
19

OXFORD PRESERVATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Vnrestrictorf Restritted
2024
2024
Total Funds
2024
2023
Note
Incorne
Groiits and donGtions
Income From choritoble acti￿tIeS
Investment Income
ILosgl/Surplus on di5posoI of fixed
ossets
318.167
27,440
96.519
345,607
313,140
346.136
131.965
261,060
135.732
357,579
135.732
725
Totol income
714 234
123 959
838 193
790124
Expenditure
Costs OF ioising fund5
ChoriEable tsctivities
18
52.054
718 306
52.054
41,002
1232 $10
792.423
Total eKK)enditure
770
844 477
1273 512
NÈI Ilossl/income ond net
movement in lund5 beftye g(Fins ond
10$5È5 on invesiments
Goins/l105sesl on investments
Reo115ed
156.1261
49,842
16.2841 1483,3781
Unreali5ecl
246.830
246 830
151301
Net1105511incoffle ond net
movement in Funds before tron51ers
Transfers b&tween furKIs
Net Ilossl/income ond net
movement in furbds for the yeor
190,704
49.842
240.546
1322.0771
12
190.704
49.842
240.546
332,0771
Reconciliotion of funds
Toial funds brought forward
7592 154
2 d38 7840 592 8136 669
Tolal funds carned forward
7782 858
262 280 8 045138 7804 592
The notes on pages 24 to 38 form port ol these tsccounts.
All activities ore continuing. There ore no gains or105ses olher thon those recognised through
the Slatemertl of Finonciol ActiviLie5_

OXFORD PRESERVATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES- COMPARATIVE FIGuféES
FOR THE YEAR ENDED 31 DECEMBER 2023
These Figures show the prior yeor SiatQTnet>t ol Fin￿(￿5 Aclivilie5 ￿￿der the Statement of
Recommended Proc.tice.
Unrestrictod
2023
Restrlct•d Totttl Funds
2023
2023
I￿On)e
Gronts ond donations
Incomo from choritoble actNities
Inveslmenl Income
IL055l/Surplus on di5P05al of fixed ossets
243.414
69.n6
96.519
313.140
346.136
131.965
237,994
131,965
fottsl incotne
612 266
177 868
790134
Expenditure
Cost5 of ruising lund5
Charitable octivilies
18
4?.002
1.06?924
41.002
1232 510
Total expenditvrE
1103 926
Net1105511income ond net rnovement
in Iijnds before gains and lo55eS On
investmen15
1491.6601
8,282
1483,3781
Goin5111ossesl on I￿estMentS
Reolised
UnrÉolised
151301
151301
Net 11ts551/income and net rnovement in
funds before tronsler5
1340.3591
8.2W2
1322,0771
Tronsfers betrween funtls
Net Ilossl/income ond net movement in
fund5 For the year
12
1340,3591
8.282
1332.0771
Reconciliotion of fund5
Totol funds brthJ9ht lorword
8136 669
Totol funds carried forward
359? 154
212 438
7 804 592

OXFORD PRESERVATION TRUST
Company no.. 225839
BALANCE SHEET
AS AT 31 DECEM8ER 2024
2024
2023
Noto
FIXED ASSETS
Tangible (555&ts
HÉriLoge os5QlS
Investments
1.793.666
1.404.497
4,004.767
1.800.333
1,404,497
3.774.851
7.202.930
6 979 681
CURRENT ASSETS
Deblars
Cosh ol bonk ond In hond
182.288
730.941
118.429
884.848
913 229
1002 277
CREDITORS." AMOUNTS FALLING
DUE WITHIN ONE YEAR
178 366
NET CURRENT ASSETS
842.?08
824 911
NET ASSETS
8045138
7 804 592
FUNDS OF I HE CHARITY
Designoted funds (fixed osset51
Designated funds Iprojectsl
General funds
7.202.930
434,820
145108
6.679,681
894,890
Total unrestriited lund5
Reslricted funds
13
7.782,858
262 280
7,592.15S
212 438
12
7,804 $92
The note5 on poge5 ?4 to 38 form ptsrt of these occount5.
These ac￿ntS were appioved and authorwl for issue by the Trustees on 2 June 2025
REVEREND CANON PROFESSOR WILLIAM WHYTE
MR PHILIP PARKEFI

OXFORD PRESERVATION TRUST
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
Nol• 2024
2023
Cash (used inl operoting activitie5
15
128B.547
590 4891
Cosh Iltsw from investing Octivities
Investment income
Proceeds Frum 501e of lor￿Ible FIKed a&sets
Purchose of tangible li¥ed/heriioge ossets
Cosh 9eneroted by investing octivities
135,732
131.965
11.0921
134 640
11.0921
130 873
IDEciea5el in cash in the yeor
153907
459 6161
Cosh and cash eqvivolents ot the beginnin9 of the yeor
Totol cosh ond cash equivolents at the end of the yeor
884.848
1.344 46.
730 941
884 848

OXFORD PRESERVATION TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER 2024
1 ACCOUNTING POLICIES
The following aEcoiJnting policies Imjve been used consistently in deoling with materiol
05pects of the Trusr's occounis.
I B•si5 of preparotion
The financKJl statemen15 hove been prepored in occordonte with Accovnling aTrd
Reporting by Chaiities". St￿ement ol fiecomrnended Practice applicoble to chcjrities
iepoiing Ilieir occounls in occordance with the Financiol RepoTlin9 Stondord
ijpplicoble In the UK ond Republic of Ifelond IFRS 10?). IChoritie5 SORP IFRS 10211. the
Finoiiciol Reporting Stondard ¢Jpplicable In the UK ond Republic of Irelond IFRS 1021
and ihe Componics Act 2006.
Oxlofd Preservotion Trust tDeets the definition of o public ￿titY under FRS 10?. Assets
and Ii(5kxlitios are Initk)Ily reco9nised ot historicd cost or tionsoction vtslue with the
exception that Investrrnen15 ore ITKluded at mort¢el value.
bl Pyepartstlon ol th• accounts on a goiny coTrcern busi5
Tliere is no moteriol vncertoirity oboul the chority's obilily lo continuÈ os a g01119
concorfi.Thi51s knosed on thechorily'sre.currin9incorne Ir(xnpioperLièS and inveglmen15
whiih ore low risk ond whith ore 5ulficienl to fund the act￿VItIeS nf the chority for the
foreseeoble Fulufe.
¢1 Income
All iiioomè is retognised once the chority tr￿5 eniiuernent to the Income. It 15 certoin
thot rhe Income will be received ond the tnonetary value of Income can be meosured
witli suFliLienl reliobility. All ir¥come Is net of VAT.
Gifts In kind are Intluded ol o volualion provided by Oxford Pre5ervotion Trtsst'5 lond
09eTlts and ole included in theaccounts when the gill hog been received by the charity.
Inter&st on funds held on dÉpo￿t is included when receivoblc ond the omouni con be
measured ieliably by the chority. thi5 is normally urx)n notilKotion of the interest paid
01 poyoble by the bank.
Dividend5 ore recognised once the divKlend has been decbretl ond noiific¢Jtion hos
been received of Ihe dividend due.
dl Expendllufe
Liabilitiès are recogni*d as expenditure 05 500n os Ihere is o legal or tonstruclive
obligotion committing tlie choTily lo the expeiiditure. All expenditure Is accounted lor
on aTI occiuals bosi5 ond hos been clossified under headirn9S tliot aggiegotp oll costs
relofpd to Ihe cotegoiy. Solories ond ofFice c05t5 hove been ttpportionÈd bètween
thuiitable activities h05ed on Individuol statf time speni on ecjch activity.
Gronts are Included In the Stoiemeiit OF Finoncial Activlties wI￿n they ore opproved
ond i>iiS has been communicotod io rhe beneficiOTies

Irrecoverable VAT is chorged ogoin5t the cotegory OF tes(xJrces expended for which it
incurred.
•) P•nslon cosls
The pension c05t5 chorged in the ocC￿ntS represent the contnbutlon payable by the
cliorily during the yeai.
fl Foxed assets
111 FLttnlture. equlpment and crjmputers
Depreciation Is cglculalpd u51ng the lolloviing rates ond bose5 to write tsff tke cost of
fixed 05sets over thetr expecied useful IIve5.
Furniture and equipment
15% reducing boknnce
Computers
20% on cost
Dotobtt5e
2￿ on cost
lill Htrit<lg• qSS•ts
Assois held for rheir contril￿tIOn to knowledge arKI culture ore clos5ed cjs heritage
assets ond included at cost.
The Trust ho5 a lorgc nurnber ol lor￿ and buildings thot rnoke up it5 heritO9e o5set5.
These are included ot cost or deemed value ot date of ocouisition These ore manoged
and preserved and public occe5s Is perinitted.
liiil L¢Jnd and pr¢+p•rties
The freehold lond and prorJeriie5 are sttsted ot ther volue to the ckxJrity. This is
determined at the dote of acqui51tK)n. The lond and pri)wrlies are ocouiied in
furtherance of the chaitlable objectives of Trust and there 15 rio intention Ihat thev
will be 501d In the foreseeoble future. In the oplnion of Ihe trustees there Is no ustful
purpose in re-voluing the assets.
Freehold lond is rtot deprecioted.
Depreciation is r￿1 prowded on fTeehold buildirvJ5 on the bos15 that the expected useful
life of the buildings Is such os to moke any depreciation chorgè IinmaleTioI. It is the
Trust's policy to preserve these properties in their curient condition for the foreseeable
future. Incomè is generoted trom the propertEs and is reflected in the staleTrenl off
Specific property improvemonts are ulso copitolised.
These irnprovements ore befng deprecw)ted over 25 yeors.
gl Fix•d Ysset inv•stmollt5
Invostrnenis ore stated ol mothet volue 0$ tst the bolonce sheet dote. The 5totement
of finonciol actlvilies includes the net gain5 ond 1tr55es arising on revaluotioft and
disposals throughout the yeoi.
h? Fund a¢¢¢)unting
Re5tricltd funds are funds which ore to beu5e¢l in occordance With specific restrictions
imposed bythedonorsor %*hich knve beenroised bythe chonlyforporticulorpurposes.
The oim tsnd use of eoch restricted furKI Is set out in the notes to the occounts.
Unrestricted Funds are avoiloble for use ot the d*5CTetion of the ttustees In frurtheronce
of the 9eneral obiecis of the chorily. De5ignoled funds comprise uniestricted funds
25

thot have bEen set aside by the Trustees foi porticukji puipoge5. The oim ond use ol
each designated fund 15 sel out in the Doles to the account5.
11 Cr4ditors •Thd provislons
Creditor5 and provisions ore recognised where the chanty h05 0 present obligation
iesulting From a post event thtst TrMII probobly resuh in the Lransfer of fund5 to a third
poity ond the omounl due to settle the ob11gotion con be meosured or estimated
reliably. Creditor5 ond provisions ore tK)rmolly recognised ol their Settlement omount
offter allowin9 For any Irode discouDls due.
11 Finonelal in5trum•nls
The tlusl tsnly 1105 linonciol o5setsond l￿bIlIties0f o knrKI Ihot qualify os bosic finttnciol
instruments. Basic financ￿1 InstrurnÈnts ale inili011y recognised ol tron5action ¥olue
ond SUbseq￿entlY ffleowred at their settlemènt volue.
2 GRANTSAND DONATIONS
2024
2023
L8gacitS
Leqacies (not lond and yopertyl
206
500
Other voluntory incom•
Donotions & gronls- ieslricled fuDd5
The Williarn Oelofielcl CkK]Tiioble Ttust- unrestrided
Dontstions
unrestricted funds
Membership subscriptions
sponsor.ship
OthÈr income including excursion fee5 ond sole of goods
27.440
82,880
89.1191
128,765
15.873
546
69.726
10.572
56,120
99.084
16.262
876
345 401
312 640
Totol gront5 and donotions
345 607
313.1&0
26

3 INCOME
2024
2023
Unf•Stricted intom• from charltobltr ¢Jctivitl
Property..
Eost St Helen Street. A￿ng￿0Th
Lord's Fairn, EynsFKJm
Stockwell, 8oors Hill
TLJrn Again Lone. Oxford
Lond.
27.180
18.905
42,300
d8.554
25.95(1
19,133
37.20D
42,752
5,456
11,406
954
Hinksey
Iffley Glebe
Kennington
Mar5ton
439
d178
40D
2.630
5,240
5,547
350
13,678
8,100
350
Meadow Lo￿. Iffley
Sholover
Swinlord
400
3.200
19.702
31.877
Wolvercote & Godsiow
Olher including 9rant5
Other..
19.409
67.781
UnrÈs[r￿ted othÈr Incory
261060
237994
2024
2023
Restricted income from charllable octivill•$
Oxlord Castle
Oxford Open Doors
Pointèd Room
Trust lor Oxffordshire Erwironment
Walton Well
69,547
82.723
15,007
1,954
8.458
7,500
8.312
108 142

4 CHARITABLE ACTIVITIES
Aclivitits
Undertaken
Dlrectly
Support
Cosls
2024
Totol
2023
Totol
Lond ond Pfoperty
Projects
Planniiig, scrutiny and odvocacy
Membership Service5
£ducotion
209.589
142.105
162.083
63,118
34,338
33.680
49.113
26.016
22.436
243,9?7
175,785
211,256
89.134
321
333.589
275,052
460.017
8B,060
6?6
792 423
1232 $10
Support costsconyst of overheads, odmini5trotion costs and g¢wernance costs.
SupFQfl cosls are ollocoted bosed on the stoff tirne on eoch acliTrAty.
Support cosls Include ourjitor's iemunerotion of 19.000 for the oudit of the tru5l'S ttnnual
accounts (2023. £9,4?.S1 Also Included are É7.97612023.' £4.3721 ol Iiuil-(Judit fees [￿vable
to the ouditor inclUd￿ng occtsun¥5 prepoiotiOt)12024 only). payroll ond VAT returns.
Compoiolives.
A¢livitie5
Undertoken
Directly
Support
Co$ts
2023
Total
Lond aTid Properly
Projects
Plonnin9
Membership Services
Educotiot)
300.284
33.30S
32.667
47.693
25.233
333.589
275.052
460,017
88.060
75.792
?42.385
412.3?4
6?.827
54.030
ion850
1232 510
28

S SALARIES
2024
2023
Salaries
290.865
277.816
Stolulory Maternity Pay re(￿lMed
Employer's notionol insurance conkntxJtM)ns
Pension contributions (defined contritxjtion scheme)
23.583
28.751
16.484
31.487
316,476
The overage number of empjwees duiing the yeor wa5 812023.. 91.
Therè is one employee earning between £70.000 ond £80.000 o yeor12023.. th&re wos one
ernployee eurning belween E8Q.000 ond £90.000 o yeor
The key moi)ogement personnel of the Trust comw15e the trustee5 ond ihe Trust's director
lof operations not 51otutcryl.
The trustees or onyone os%)ootÈd wrth them received no ierTrunerotion or expÈn5es12023'.
The total employee renumerolion arKI benefits linC￿dIng employer's r￿tion￿l insurance) of
the key mnagement PEf50nnel ol the Trust were £91,595120?3.. E95.9591.
ThÈre %vere no non-5tatutory/rKJn-iontroctuol severonce poymenls were rnodÈ in the year

6 TANGIBLE FIXED ASSETS
Frt•hold
Eg￿l￿￿etht.
Dotabgse $
Comput•r5
Tgtal
Cost or voluotion at time
of giFt or purchase.
At l Januory 2024
Additions
1.898.826 1.246,325
1.092
484.334
101,082
67,085
I,Q92
Disposols
Cost at 31 December ?024
1869 039 1246 325
4 101,082
OEpreciotion".
Al l Jonuary 2024
Chorge for the yEor
limirKJted on di5posoIs
9B.493
5.942
129,062
34,328
64,165
1,537
4,405
Depretiati￿ ot
31 Decernber 2024
Net ￿0k value..
At 31 December 2024
1793 666 1246 325
658
At 31 Oecetnber 2023
1800 333
1246325
All tangible fixed assets ore used lor Iyirect chariioL)le purp05e5.
I'l Included In Freeho￿ propertie5 15 £1 foi leosehold propertie5 re￿Sen￿n9 th& leosehold
interp5t ill the ca5lle gte. The Trustees were of rhe D￿nIOn thot the castle 51te hos a morket
valjje considerably less Ihon the costs expeFTrded on the prqeti thérÈfore oll other
costs relating 10 Ihot project were expwsed.

7 HERITAGE ASSETS
Fr•ohold
Froehold
Land Properti&s
Total
Cost or vtsluation ot time of 9tft ¢x
pur¢h05e.'
Ai 1 Januory 2024
Additions
1.404.497
1.254.497
150.000
Disposols
Cost ol 31 Decembei 2024
1404 497
1254 497
150 000
Depreciotion..
At l January 2024
Charge lor the year
Eliminoted on di5posoIs
Depreciotion at 37 December ￿24
Net book VLYlue'.
Al 31 December 2024
1404 497
1254 497
150 000
At 31 December 2023
1404,497
1254 491
150 000
SUMMARY ANALYSIS OF HERITAGE ASSETS TRANSACTIONS
2024
2023
2022
1021
2020
Purchases
Freehold land
Freehold properties
Donotlons
493.167
Freehold lond
Freehold pr¢>pertie5
Total Oddit￿n5
493 167
31

8 INVESTMENTS
2024
2023
Opening rnarket voluÈ
Additions in year
Disposal proo.eeds
Investmènt monagÈr fees
Movement in cosh held
Change in rrKJrket volue
3.774.851
3,632.149
116.9141
18.5991
246.830
151301
Closin9 maTker volue
4 OC>4 767
3 774 851
Morket value onolysed by type of investrneni.
UK equities
Overseos equities
Altemotive5
339.650
2.642.587
346.1?7
144.97A
346,067
2,269.231
367.565
165.784
478.8d7
147357
Property
Bond5
425,911
105.518
Cash
4 004 767
3 774 851
9 DEBTORS
20Z4
2023
Rentol Income
55.944
81.369
9.889
27.171
P<epuyments
Other debttrs
32.039
118 429
10 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trode uediior5
Toxalion ond Social security
Acciua15
4.683
14.107
128.053
12.931
32

11 ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS
Totol Funds
At 31 Dec 2023
Unrestrict•d Funds
Restricted FuDd5
Fixed assot5
7.202.930
579,928
7.202.93
Net current asse15
262.280
842.208
7 ?82 858
262 280
804513
Comparotive5.
Totol Fund$
At 31 D•¢ 2023
Unr•strl¢ttd Fund$ R•5tri¢ted Funds
Fix(4 055Qts
6.979.681
612 473
6.979.681
Nel current ossets
21?.438
824 911
7592154
438
92
12 RESTRICTED FUNDS
8olan¢e ut
1 Jan Z024
Exp¢ndlh•r•
In
8ul¢rnc• ot
TroThsf+rs 31 Dee 2024
Harc(￿rt Hill
Re%¥￿Y Rood Swing Bridge
Mortyls Memoiiol
Oxloid Costle
Okford Castle CIF
Roilings Project
John Thomp50n Legocy
Paintred Rooffi
Kennin9lon Memoriol Fielt
22.768
22,768
58,445
72.601
120
114,2761
1,182
63.553
25.130
69.547
127.8931
105.207
25,130
2.077
2.071
11.5561
225
(2,6001
275
7.500
16,4561
1.000
25,3XI
3.000
A.000
Centenory Fund
Educoiion/outreoch
(Wood Fo<ml
South Pork
Walton Weil Fountoin
17.320
8.312
115.0(Kll
18.3121
27.640
7.000
7,000
9.030
?23959

Cornporutive5".
8aion¢• Ot
l Jan 2024
lrtcom• Expendittyr•
ID y•ar
In yq4r
8tslonce at
Tronsler5 31 Dec 2024
Horcourl Hill
Rewley Rood Swing Bridge
Martyrs Metnoriol
Oxluid Ca¥tle
Oxford Costlp cir.
Oxford Land Fund
Oxfford Open OooT5
Railings Project
John Thompson Legacy
Painted ROD
?3.968
105.699
1.182
69,248
11.2001
177.0041
22,768
72,601
43,906
1,182
63.593
25.130
57.593
25 13D
163.2881
15001
500
15.007
115,0071
1.132
2.077
1,132
?.077
13.6001
1.954
la.5£41
Trust lor Oxlord
Environment
Kennington Memoriol Field
18.4581
350
275
1.000
Cenlenory Fund
177868
169 586
?.}? 438
Centenory Fund- A fuThJ 5torted in 2023 rofund activity to mark the centenory of the TiusL
2027.
Educationloutreach IW(x)d Forffll- A fund sloried in 2023 lo support outreach projects.
Horcourl Hill-management 0119 ocre field or Harcourt Hill
IfHey lor the restoratK>n of a woll ot Glebe Field. 1ft￿Y
John Thomp50n legocy- legacy receipt fw plonfift9 01 treÈs In tenlral Oxford.
Kenniryton Memorial Field - funds recLy¥ed mointenonce ond public access.
RewlÈy Rood Swing Bridge
In furtheionce of Ihe restorotion ond landscoping project
MortVfS' Meworiol
m¢Jintentsnce ol the Mortyr5' Memorial, St Gile5
Oxfoid Castle- rental ond other income whicli. ulKler the terins of Ihe ogreetnent with Ihe
NoLionol Aeritage Memorial Fund. is used tor the benefit of Oxford Casrle.
Oxford Cost1e CIF A protx>rti<)n of the rent lo be Spent on copit<Jl expenditure at Lhe
Casiie wilh tnoiched funding from Continuum.
O%lard Land Fund - for the wrchase ond ifflpri>vement of lond. used in 2022 for the
purchose ol Lorkins lone
Oxford Open D(K)rs - encthJroging youThJ people ond residents to explore thÈir city s

history.
Painled Room- funding to*ordscoststsf re51orotionof wall poinbng. reseorch, ocojpation
csnd Imprtsvemenl of Ihe preThises_
RailiDg5 Project- project to resttsie IraditrorKJl roilings.
Soulh Park- funding towords %i1Y.
Trust for Oxford ETrvironrnent - grant tur￿1n9 lot susloinobility. occess tstKI biodiver51ty
projecls iii Oxfordshire
Wolton Well Fountoin - fundraised incorne to support the restorotion of the fountoin
13 UNRESTRICTED FUNDS
EApthdttur• rqvnlualion
yéar
ol31 D•¢
2024
Jan202A
Sn yttt
DesignoteLI Funds
Tungible and Heritage h'xed 3.X)4.830
055els
17.7591
1,092
3.19E.763
Fixed a55et Investments
Lord's Fijrm
3.474.851
546.830 4.004,767
1350.0001
104,578
454.578
The Willicsm Delafield
Choritable Trust
48.795
29.319
81880
148.5001
14.9521
129.4611
83.175
L(Fnd management fund
Flrjod Alleviation Scheme
24,367
29,461
773
Plonning
Rewley Rood Swing Bridge
Lorkin5 Lane
39.755
9.048
16.072
139,7551
200
16,9591
16.8461
113.0801
2.289
9,226
Web%ite/CRM
Educotion and Outreitch
17,537
249 552
4.457
206 728
142.8?4
Totol designoled fun(k
7.574.571
83.080 1178.0681
158.167 7,637,750
Generol Fund5
631.15
592.2921
105,108
7592 154
714 234
770 360
246 830 7 782 858

Cofflporatives".
Bckn¢•
f￿alUatI￿n
2023
Designored Funds
Tongible ond HerStQge fixed
assets
3.212.092
3.33?.149
478.418
17,2621
3.204,830
142.7U2 3.47d.851
Fixed 05set investments
Lord'5 Farm
123,9(K>l
454.578
The William Delofield
Choritoble Trust
41.444
70.572
163,2221
172.3181
1330.5391
149.2271
4S.795
29,319
29.461
773
Lond monogement fund
Flood Alleviotion Scheme
101.637
360,000
50.000
Plonning
Revwley Rood Swin9 8ridge
Larkins Lane
39,755
?0.000
25.000
39,755
9.048
200
111.152)
18.9281
11?.4631
446
16.072
17,537
249,552
Web51telCRM
Education and Outreoch
30.000
Toiol dÈsignoted fuThJs
7.500.555
70.7n 1579.4581
582.702 7,574,571
General Fulld5
4A0 DOO
7932 513
612 266
1 095 326
142 702 7 592 155
Tangible fixed assets represent the charil(s tongible fixed assets and hÈritO9e ossets
Including10(Id ond woperty.
Fixed ossel Investment5 represenr the ChontV'5 fD(ed asset inve5tmÈnts net of amount5
within other desiqnoted funds.
Lord'5 Form represents the proceeds from the sole tsf cotioge$ 01 Eynsham and ha5 been
degigi)aled for the benefil of the Trusl5' I¢vKI ond propert*s, to include necessory works
to Lord's Parm.
The Williaffl Delalield Chufiloble Trust reP￿sentS donation5 which the TfU8tees are to
use for speofic costs at theii discietson. The fund contribtsted loward5 wtsiks done ot 3
Coinmarket ond 8-10 Turn Agoin Lone.
Rewley Rood Swing Brid9e Includes OF £50,000 set aside by the Trustees in ?011
towards the reslorolion of the Swng Br￿9& less expenses 11)curred to date.
Land Purchase Fund wtssset upto Fund ￿nd purchase ond issimilof to the reslricted Oxford
Lond Fund. It hos been used In 2022 lo Contribvte towords the purcfvJ5e of Lorkins Lone

Land ManagemÈnt Fund 15 to be Spent on improvement5 of existing lttnd hddings at the
discretion nl the Lor)d Committee. Incliides o donotion l¥om the Wesl oxford Wildlifp.
Gruup which 15 10 be speni on our lond o( north Hinksey.
Flood Alloviation Scheme monoges FurKJs used bythe Tru5ttoengage with the EnvironrneDt
A9eriLY'S SLlieme lo develop o flood olleviolion thomel which passes through Trust lond
Plttnning wos set up by the Tnjstees to fund odditK>nol expenditureorign9 from the number
of planning enquiries issues
lorkins Lon¢ fund is for the future mOrK]gen￿￿t of thi5 property acquired in 2022.
Hatcourt Hill11 fund 15 for the fulure wn(Jnogement of this property ocquired In 2022.
Webgte/CRM is to be spent on redÈvÈlopin9 wÈb&tÈ ond customer relotionship
monogement system.
Education OUtre(￿h is to fund o community engagement progromrne over 2023 to
2027.
14 LEGAL FORM & MEMBERSHIP LIABILITY
Oxford Preservation Trust Is u choritable company Iimitod by guurantto incorporated
in En9lond & Woles In occordonce with Cbuse 181 of tlie Compony's Mèmoroiidum ol
Aswciotion. every mernber of the Trust undertake5 to contribute to tho a55Qt5 of ihe Trust
in the Èvenl of the some bein9 wound up durin9 Ihe LIMÈ Ihtsl he is o member. or within one
year aFterward5 for payment OF debt5 ond Iiabilitios oFthe Trust contrttcted before the time
ol which he ¢ptsgeS t¢ be ts rnembei. ond ¢)f Ihe tU5ts. thorgeg ond expenses ol Winding up
the sorne, and for the adiu5trnent of the rights of the contributories, such omounl 0$ troy
be requifed not exceeding Filly pence
The reglsteied oddress is 10 Turn A90in Lone. St Ebbe'% Oxford OXI IQL.
15 RECONCILIATION OF NET MOVEMENTS IN FUNDSTO NETCASH FLOW FROM
OPERATING ACTIVITIES
2024
2023
Nel movemenl In Funds
2dO.546
5.942
1.817
1135.7321
163.8591
1107.3451
1246.8301
[332.0761
7.247
1,107
1131.9651
156.9761
6a.876
1151,3011
Add bjck depreciotion
Add fixed ossels disposed of net of depreootUi
Deducl iTrve5tment income in inve5tiAg octivitie5
Ilncreosel in debtors
IDe¢reosel/increose in creditors
IDeduct gainsllAdd1055e5 Oti Investments
Add btsck invesiment monagement costs
Cash Iu5ed inl operoting octNitie5
37

16 CApifAL COMMITMENTS
Tho c.hority hod oapitrol c.ommitTnents at the yeor end of £NIl12023.. £NIll.
17 RELATED PARTY TRANSACTIONS
Donatiokls fiom relatod partlC5 Lotalled £10012023." E3.0301 from tW5tees.
18 COSTS OF RAISING FUNDS
This Includos £16.914 of Investmenr monogement C05ts12021. E8.5991.

ACKNOWLEDGEMENTS
The Trust groteffully acknowled9Ès gioiils. dr)n(slrOllS. sponsur5hip and gifts in kind to the value
of El.000 or rnoro from the follovAng IndNiduols. tfUSt5 Qnd orgijnisotions. together With those
who wigh lo I￿￿￿111 antsnymoLJS'.
Dr Aèron BL￿h0n0n
Cartel Jonas
Williom Dclofield Trust
avid & Geneler Clark
Ciitchleys
Sophy Haynes
Chn5 Jon05 & Soro Everett
Susanntsh Lonkesler
Mothews Cornlort Insurance Brokeis
Pew CPhJritoble Trust
Bernord & Soroh Toylor
The Trust grotefully acknowledges those Trwho hove n￿de 9fonts. donotions. sponsorship ond
gift5 in kind to the valueof 1100 orfflorefrom the Following individuals. trusts ond orgorTrisotions.
loqether with those w￿￿> Wish to remoin anonymou5'.
Prof Bryon Birch
Lord Bradshaw
Sheilo Blockwell
Christ Church
oul Collins
Peter Crane
Debbie Donce
Anito Eoton
The Friends of Old Heodington
Olivèr Greig
GTe55wdl ErMroDrnent Trust
Dr Michoel Heaton
Jerry Lewin
t)ovid Le¥*i5
Merion College
Mourice Benington Reckitt
Pot WhitehtNJ5e
t)oniel Wickham-Jone5
Joy Cnsihn Wilson & Robin Wilson
The Trust 15 very gialeful to those who 5UPPQrt ouroctivities os".
Collgge Membor$
All souls Colleqe
Bra£pno£e. College
Pernbroke College
Sl John'scollege
Corpoftita Membors
8eard Oxloid
Benfield & Loxley
Bidwells
Blake MoTgan
Burke Hunter Adorns
CortÈr Jon05 LLP
Cliveden Conservotion
Continijurn Altro¢trions
GreenFord Ltd
Gfeenwood Projects Ltd
Holywell Pre55 Ltd
Jomes Mockinlosh A Tchitects
Kiiigerlee Ltd
Kitche￿ Atchiteclure Ltd
Lucy Grwp Ltd
Mogdolen CtsllÈge SckKJol
M(sthews Comfort Insuronce Brokers
Mi115 & fteeve LLP
Minns E5totes Ltd
Okjrrholu
Onginol Field of Architecturc Ltd
Oxford Architects LLP
Oxfofd Bus Compony
Crilrhleys LLP
Edqor5 Ltd
Fothtym Architecl5
Feltham Constwction Lt¢J
fjcsludio
Glanville Consultants Ltd
39

Oxford Heolth System Reform Gr<MJP
Oxford North Vontures GP LLP
Oxloid University Developitient Ltd
Penworden4ole Architects
Sovvy Group
Sidleys Chartered Surveyors
Spoin Ctsnslruclion Ltd
TSH Architects
TW Jones Property Ltd
W G Cortei Ltd
We51 S West Ltd
Woolridge & Sifflpson Ioxfordl Ltd
Wri9hl & Wright Architects
Pye Choritoble Settlement
Radley College
Ridgé & Portnecs LLP
Potron Membor$
l(FD & Coroline Loing
James & Jan Lawrie
John & MoigoTet Leighfield
Jomes & ViCtOliQ Macnamora
Tim Marlin
Dr Roberl & Dr Rebecca Mather
Prof ftichord Moyou
Lord Mendozo
Aiaminto Moriis
Jorne5 & 5u5an Offen
Tom Peers
Rupert & An¥Jndo Ponsonbv
Chr15topher Pownall
StevEn & Jo SEnsecoII
Sir Totn & Lady Shebbeare
Andrew & Judy &lver
Sir Titn Stevenson
Bernord S Sarah To¥lor
The Late Dr Kole Tiller
Richord & Kate Venables
Sondy & Sue Arbuthr)ot
Alexonder & Honnoh Armstrong
Sir Jonatlion & Lttdy Boker
Mork Beord
Pet&r BÈnnèLt-Jones
Donby & SoTrdy Bloch
Her Honour Ann Compbell S His Honovr
Qijentin Campbell
John & Joaiints Church
Dovid Colernan
Charles & Giselo Cooper
Stophen Donce
Richard & Felicity Dick
Doine Helen Ghosh
Marjorie GIosgOW
Dovid & Jone Gye
Nigel & Griseldo Homwoy
Dr Michoel Heaton
Lord & Lady Joy of Ewelme
Chris Jones & Sara EvÈTett
We ore graleFul to all thosewho have let U5 knowof thtyr generosify In1eoving the Trust 0 9ifrt in
their Will ond to all Ihose whohave made contributions in so mony wijys Iinonciol. volunieering
and general support.
40

Re9isiered Office
10 Turn Agoin Lon& Oxford OXI IQL
TeleptrK)ne1018651 ?4?918
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