CHARITY REGISTrATION NUMBER: 218827 The Oakdale Trust Financial Statements 5 April 2025 INDEPENDENT AUDITORS LLP Chartered Accountants & Statutory Auditor Emstrey House North Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG
Page 1 The Oakdale Trust Trustees. Annual Report Year ended 5 April 2025 The trustees presenl their report and thé flnanci81 stateff¢nts of the charity for the year ended 5 April 2025. Reference and admlnlstratlve detall Regl6tsred charlty namo The Oakda18 Trust Charlty reglstrailon number 218827 Prlnclpal offlc? Tansor House Tansor Potarborough PE8 5HS Th• trust•g• R A Cadbury F B Cadbury Mrs O Tatton-Brown Dr R C Cadbury Audltor Independent Auditors LLP Chartered Accountants & Statutory Auditor Emstrey Hous& North Shrewsbury Busin088 Park Shr8wsbury Shropshlre SY2 6LG B•nk•rn Lloyds Bank plc Universty of Birmlngham Blrmlngham 8tru¢tUrni govemanc• and m4n•gement The charfty was set up by means of a trust deed dated 9 March 1950. The charlty is managed by its Trus18es and detalls of the Trustees whom held office durlng the year are noted above. New Twslees can be appointed by the Trustees for th8 time being. The trust deed contains no restrlctlons as to inveslment. Rlsk Management Stsl¢ment A risk management anatysis has been undertaken by Trustees based on the categories of potential risk set out in Appendix111 of the Charity Commission paper "Charities and Risk Managemenf,. Twste8$ can confirm that systems and procedures have been intrOdUd in order to minimise the risks that have been identified.
Page 2 The Oakdale Trust Trustees. Annual Report Year ended 5 Aprll 2025 ObJe¢lives and activlties The Trustees hold the trust fund and its incoffE for ihe benefit of such chilable instltutions as the Trustees shall from time to time in their absolute discreti determine. The Trustees have consJered the Chanty Commission'5 guidan on public benefft when reviewing organisational strategy and planning future activtbes and are sattsfied that the tharity continues to have signtficant charitable wrwse and delvers tangitrje wtAic benefiL Policy The Tr¥S areas of interest indude the lolhjwing: Vrfelsh based scKial arKI corrmunity Fyoiects Medical: Support groups operating in IAlales.' UK based research projects. UK based ¢haritses wothng in the third world. EnvIronnl conser¥ath?n in the UK and overseas. Penal reform. Some Supp is gNen to the arts. paTrula Wh there is a Lsh connection. The trust d¢XS not support indmduals, holiday Sche[rS. expJitions or sports. As a small foundation distributsng in the most recenl year in the region of £333,000, the average grant awarded is approximatety £1,500. An offiaal application fomi is avaitable on requesL Huwever applinnts are free to submit requests in any fomialso long as applications are dearand concise. covering airrts. achievements. plans and needs supwrted by a budget. Applicants applying for grants in excess of £1.000 are asked to submit a copy of a recent set of audited annual accounts onty rf not already avaiLqble on the Charity Commission web site. Pase give a web address where suppybng information is available on-line. In order to to minimise waste, large organisat)ns in particuL3r are asked to subnNI one applicatN)n per trustees. meeting and also to avoid serKling in duplicate applications. The trustees meel tsvice a year in April and October to consider applications and to award grants. No grants are awarded betsveen meets'ngs. The deadline for the April meeb"n9 is 1 March and for the October eting 1 September. The Trust is administe by the Trustees at no cos( and owing to a W ofsecretarial help and in view of the numerous requests received, no applications are aCknryWlj9ed even when accompanTed by a stamped addSsed envelope. Gifts received and investsments made or changed are recorded in the aLxounts, as are all charitable donations and loans made. Achlevements and porformance The Trustees are satisfied with the achieVent of the charity in the year aThJ the retums generated on the investsnents. The investrnents have impacted by conb'nued volab'lty in the market
Page 3 The Oakdale Trust Trustees. Annual Report (conllnued) Year ended 5 AprS12025 Flnancial revigw The charity realised a deficit for the year of £847.419 of which £875,823 was in respect of realised and unrealised losses on investments. Income has decreased from the previous year by £27,846 to £475.424. The totsl ¢harlty funds as at 5th April 2025 have decreased to £18,416,258. Res8N•s Poll¢y It is the pollcy of the Trustees to maintain a cash reseNe of not18ss than £10,000 to provrde sufficient fijnds to cover management, administration and support costs and also to allow the Trust to respond to emergency applications for grants which arise from to lime. Plans fi)r future periods The Trustees aim lo continue to Support charities and benevolent organisations for the pUbC benefit via continued successful and eff*i&nt mansgement of the charity's investments. Tte86. rnsponsibilitles 81atement The tntsteas are responsible for preparing the trustees, report and tha financial statements In aCrdanCe with applicable law and United Kingdom Accounting Stsndards {United Kingdom Generally Accepted Accounting Pra¢tice}. Thé law applicable to charities in England and Wales require$ the charity trusiees to prepare financial Statemènts for each year which give a true and fair view of the stste of affairs of the charity and of the incoming resources and applicatton of resources, of the charity for that period. In preparing these financial statements, the tfUStee5 are required to: select suitsbte accounting policies ar then appty them consistently; observe the melhods and principles in the appIlble Charilies SORP,. make judgments and accounting estimates that are reasonable and prudent; stste whether applicable UK A¢¢ounling Standards have been followed. subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presumè that the charity will continue in business. The trustse5 are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the finanGial stalernenls ¢omply with the Charities Act 2011, the applicable Charities IA¢¢ounts and Reportsl Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charty and hence for taklrwJ reasonable steps for th8 prevention and detectlon of fraud and other irregutarilias.
Page 4 The Oakdale Trust Tte88. Annual Report {¢tyJthye¢ Year ended 5 Aprfl 2025 Tho truslees, annual rewt was apwoved on 9 0th 2025 arxl sigrncl on behalf of the board of tru51ees by: Cob ococ Dr R C Cadbury Trustee
Page 6 The Oakdale Trust Independent Audltorfs Report to the Member8 of The Oakdale Trust Year ended 5 April 2025 Oplnlon We hav& audited the financi81 statements of The Oakdale Trust {Ihe 'charity'l for the year ended 5 April 2025 which comprise the statement of financial activities, Statement of financial position and the relatéd notes. including a summary of slgnificant accounting policiès. Th8 flnanclal reporting framework that has been applied in their preparation is appl¢¢abl8 law and Uni18d Kingdom Accounting Stsndards. including FRS 102 The Financial Reportlng Standard applicable in thé UK and Republic of Ireland (United Kingdom Generally Accèpted Accounting pr&t1). In our opinion the financial statements: give a true and falr vlew of the state of the charity's affairs as gt 5 Aprll 2025 arKI of its Incoming resources and appllcatlon of resources, in¢ludlng ts income and expendllure, for the year then ended., have be8n property prepared in accordance wlth Unlted Klngdom Generally Accepted Ac¢ounting Practice. have been prepared In accordance wlth the réquirements of the Charltles Act 2011, 8a•h for oplnlon We conducted our audit in accordance wilh Intemaltonal Stsndards on Audillng IUKI IISAS IUKII and applicable law. Our responsibSlllles under those stsndards are further descTlbed in the audllorfs rèsponsibilities for the audit of the financial st8ternents se¢lion of our report. We are independènt of the charity in accordance with the ethical requlrements that are relevant to our audit of the financlal statements In the UK, Includlng the FRC'S Ethlcal Stsndard, and we have fulfilled our other ethical responsibili1188 In ac¢ordan¢e wllh these requirements. We belleve that the audit evidence we have obtalned Is guffi¢Sent and appropriate to provlde a ba8ls for our oplnlon. Conclu•lon• r•latlng to golng ¢onc•m In auditing the financial Stslemenls, we have concludèd that the trustees, use of the golng concem basis of a¢counting In the preparatlon ol the flnanclal statements is appropriate. Based on the work w8 have perfomied. we have nol Identified any material uncertainties relatlng to events or Conditlons that, individually or collectivety. may c8St slgnSficant doubt on the chaiity's ablllty to contsnue as a going ¢onGern ft)r a period of at least 1ve months from when the financial statements are authorfsed for i88U8. Our responsibilities and the resp)nsibilities of the truste8s with respect to going concem are described In the rel&vant sections of this reporL
Page 6 The Oakdale Trust Independent Audltorf8 Report to the Members of The Oakdale Trust{nI1rfJ Year ended S Aprll 2025 Other Infomiatlon The other Inlom)ation comprises the infomwlion inctuded in the truslees. annual repmjrt. other than the financial statements and our audilorfs report thereon. The trustees are responsible for the other infomialion. Our opinion on the financial statements does not cover il* other information and we do not express any fom of assurance conclusion ther. Our responsibility is to read the other intormation and. in doing so. consider whether the other infom)ation is materially inconsistent with the financial statements or our knowledge obtsined in the course of the audit or otherwise apPr$ to b8 rnaterially misstated. If we identify such material inconsistencies or apparent material mlsststements, we are required to detemiine whether this gives rise lo a materfal mlsstatemanl in tho financial statements thefftsefves. If, based on the work we hava perfomied. we conclude that there Is a material misstatemènt ofthis othar Informalm, we are required to report that facL IN& havé nothing to teFQrt in this regard. Matter• on whl¢h w• •M r•qulred to r•port ty •x¢•ptlon INe have nothlng to report in rtspeei of the lollrmiry matters in relation to which the Charitl8s (Accounts and Reports) Regulatlons 2008 requlre us to rewt to you rf. in our oynlon.. the inlom)ation given in the trust689' ret is incorBislent in any mateMI respactwlth the finandal statements; or suffident accountiw records have not kept or the finanaal stateftts are not In agreem8nt wlth th8 accounting records; or we have not recead all thè lnf0mMtn and explanations requlre for our audii. R•spon•lblllll•• of tru•tM• As explalned fulty in the trustees, responsibilleS statement the tfU$te8s are responslble for the preparation of the financial statements and for being satisfied that they give a tru8 and fair view, and for such internal control as ihe trustees detèm)ine is necessary to enable th8 preparadon of financlal statements that are free from material nysstatemenl whèther due to fraud or error. In preparfng the financial statements, the trusiees are responsible for assèssing the charity's ability to continue as a golng concern, disclosing, as appltible, matters relaled to goin9 concem and using the going concern basis of accounting unless the Irustees either intend to liquidate the charity or lo cease operattons, or have no realistic altemattwe but to do so.
Pagè 7 The Oakdale Trust Independent Auditorfs Report to the M•mbers of The Oakdale Trust (¢Onllnu•d) Year •nded 5 April 2025 Audltorfs re8poMlbllltles for the audlt of Ihe flnancl•l 8tat•monts We have béen appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the A¢1 and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements 8$ a whole are free from material misstatement. whether due to fraud or error. and to issue an auditor's report that Includes our opinion. Reasonable assurance is a hlgh level of assuran, but Is not a guarantee that an audit conducted In accordance with ISAS IUKI will always detsct a materlal mi8Stalement when il exists. Misstalemenls can arise from fraud or error and are nSIdered material if, individually or in the aggregate, they could reasonably b8 expected lo influence the economlc decisions of users taken on the basi8 of these financial statements. Irregularili8s. including fraud, are instances of non-complianc8 wilh laws and regulations. We design prOdureS in Ilne with our responsibilitses, outlined above, to delect maten81 misst8tements in respact of Irregularities, including fraud. The extent to whlch our procedures are capable of dètecllng Irregularities, including fraud is detailed below.. Inquiry of Ihosa chary8d wllh govemance ground actual and potanllal llt1gaon and claims.. Inqulry of trustsés to identify any instances of non-compllanca wlth laws and regulations: Reviewing financial statement disclosures and testing k) Supporting do¢ument8tlon to 888ess compliance wllh appllcabla laws and regulations. Perfomlng audit work over the risk of management ov&rrid8 ofcontrols, includlng testing ofjournal entries and other adjustments for appropriateness, evaluating the buslness ratlonale of signifieAnt transacllons outside the normal coutsé of business and reviewing accounllng esllmates lor bias. Becausa of the inherent Ilmltation8 of an audll, thore F8 a rl8k that we will not detect all Irregularllle8, Includin9 those leadlng lo a material mlsststemanl in the financl81 $t8lements or non-compliance wlth regulation. This risk increases the more that compllance with a law or regulation is femoved from the events and transactions reflected In the financial $ts18mnts. as we will bè léss Ilka5y to become aware of Instances of nonrycompli8nce. The risk is also greater regarding irregularities occurring du& to fraud rathèr than error, as fraud involves intentional ¢once81menl, forgery, Collusion, omisslon or misrepre$entatlon. As part of an audit in accordance with ISAS IUKI, we exercise professional Judgment and maintaln professional sceplicism throughout the audit. We also: Idonlify and assess the risks of material mlsstalement of the financial ststements, whether due to fraud or error, deSn and perform audit procedures responsive to those rlsks, and obtain audit evidence that is sufficient and approprfate lo provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery, intentional omissions. misrepresentslons. or the override of inlemal control. Obtain an understanding of Intemal control relevantto the audit in order to design audit prorAdures that are appropriate in the circumstances, but not for the purFose of expressing an opinion on the effe¢tiveness of the intern81 control. Evaluale the appropriateness of accounting policies used and the reasonableness of accountlng estimates and relaled dis¢losure$ made by the trustees.
Page 8 The Oakdale Trust Independent Audltorfs Report to th• Mèmbers ol The Oakdale Trust{¢oniinu•dJ Year ended 5 April 2025 Conclude on the appropriateness of the trustees. use of the going concem basis of accounting and, based on the audit evidence obtained. whether a material uncertainty exists related to events or condions that may ¢ast significant doubt on the charity's ability to continue as a going concern. 1fV condude that a material uncertainty exists, are required to draw attention in our auditorfs report to the related disclosures in the financk?I statements or, if 5u¢h disdosures are inadequate. io modify our opinion. Our conclusions are based on the alIt eviden oblained up lo the date of our auditorfs reFori Hcpwever. future events or ¢orKlitions may cause the charity to cease to conts'nue as a going Canm. Evaluate the overall wesentstion, strUth content of thè financial slatements, including the disckjsures, and whether the financial statements rèpresentthe undertying transactions and events in a manner that achieves fair presentation. We communicate with those charged with govemance regarding. affng other matters, the planned scope and timing of the audit and sKJntfunt audrt findirfjs. including any signifi¢anl deficiencies in intemal control Ihat we identify durlng our audiL Use of our report This ort is made solety to the charitys trustees. as a body. in acoyd wtih Part 4 of the Charities (Accounts and Rewrtsl Regulations 2008. Our audit work ha$ teen undertaken so that we might state to the charity's trustees those malters we are required to state to them in an audf(o¢$ reFYQrt and for no other purpose. To the fullest extent pemitted by law. we do not t or assume resp)nsibilty to anyone other than the charity and ihe ¢tY,5 trustees as a IW, for our aJit work, for this report. or for the opinions we have fonrJ. alf L IrKlependenl Auditors LLP Chartered Accountsnts & Ststuw AlitOr Emstrey House North Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG IndepeThJent ALKlitors LLP is elgible for appotrthnt as aKr1[ ofthe th¥ity tty viriue of tis eligilxlity for appoinlment as 8j110r of a ¢£thpY undor $fjdiL 1212 of the Comparmts ALt 20C6 13 OCTOBER 202S
Page 9 The Oakdale Trust Statsment of Flnancial Activities Year ended 5 Aprfl 2025 2025 2024 funds Total fvnds Total funds Income and endowments Donations and *acies Investment income Other I10 40,893 434,531 40,893 434.531 501,531 1,739 503,270 Total Incorn• 475,424 475.424 ExPendIre Expenditure on raising funds.. Investment managemenl costs Expendrture on charitable actyv6Ues Total oxpendlturo (109,334) 1109,334) 1129,0471 (337,6861 1337,686) 1309,0901 (447.0201 1447,0201 1438,1371 Net {lowsygalns on investments 11 (875,823> 1875.8231 1,337,028 Net {•xp•ndltur•yln¢om• and n•t mov•mont In lund• {847.4191 1847.4191 1,402.159 R•con¢lll•llon ol funds Total fvnds brought lorward Tol•l lund• carrf•d forward 19.263.677 19,263,877 17.861.518 18.416.258 18,416,258 19,263,677 The statement of financial actiVe5 includes all galns and losses rec4)gnised in tho year. All Income and expenditure derfve from continuing acts'vities. Th• nat•8 on p•9 11 to 24 fomi part 0fth finan¢lal stat•m•nt
Page 10 The Oakdale Trust Statemgnt of Financial Positlon S April 2025 2024 Tangible ffixed assets Investments 15 7,173 7.173 16 18.020.699 18.855,481 18.027.872 18.862.654 Current assgts Debtors Cash at bank and in harMI 17 416.416 430.681 416.956 431.221 Cred]toYs: amounts falling due wlthin one yéar Net current assets 18 28.570 30,198 401,023 18,416,258 19,263,677 388.386 Total assets l•ss Gurrmt Ilabllltles Net assgts 18.416.258 19.263.677 Funds of the charlty Unrestrided funds 16.416.258 19,283.677 19 18.416.258 19,263.677 Total charity Thd$ These financial stateff*r)ts approved by the board of trustees and authl$ad for issue on 9 Octoter 2025, and are signed on behawof the boaril by.. R A Cadbury Trustee Th• on paqe$ 1110 24 lonn part ofthese finwKl¥l statomen
Pago 11 The Oakdale Trust Notes to the Financial Statements Year ended S April 2025 General informatlon The Charity is a public benefft entity and a lStered chanty in England and Wales 8nd is unirujrporated. The address of the pnncipal offe is Tansor House, Tansor, Peterborough, PE8 5HS. I stst8m•nt of eompliance These financial statements have been wepwed in ojmpliance with FRS 102, The Financial Rewrting Standard applicable in the UK and the Republic of Ireland,, the Ststement of RemrrEnded Practice applicabk to charbties preparing their accounts in accordan with the Financial Reporbng Standard applicable in Ihe UK and Republic of Ireland {FRS 1021 (Charilies SORP IFRS 102)) arKI the CharitEs Act 2011. Accountlng policles Bash of prop•rntion The financlal statements have been prepared on the historical ts)st basis. as modified by the revaluation of certain financial assets and liabitsknes and investment proFrt maasured at fair ¥alue through income or expendrture. The financial statements are prepared in Sle[ng. 7•hich is the functional rrer• of the entity. Golng Concom There are no material unc8rtaint*s about the cjwrity's abl to continue. Judgements and koy sources of ostimatlon uncertainty The preparation of the financial statements requiRs management to make judgements, estimates and assumpttons that affect the amounts FOrted. These estimates and judgements are continualty reviewed and are based on experiertt and od)er factors, including expe¢taiMs of future events that are believed to be reasonable under the ¢1mStanCes. Fund accountlng Unrestricted funds are available for use at the dis¢retion of the trustees to further any of the arity's purFM)ses. DesKJnated funds are unrestrthd funds eam)arked by the trustees for particuLar future project or commitment. Restricted funds a subjected to rethbons on theirexFendiiure dedared by the donor or through the tern ofan app8al. and fall inio one oftwo sulxlasses: restricted income funds or end¢Jvment funds.
Page 12 The Oakdale Trust Notes to the Financial Statements feortdnu•d) Year ended S Aprll 2025 Accountlng poll¢lo8 (¢oniinu•d) In¢omlng re8oiirce8 All incoming resources are included in the statement of financial activities when entitlement has passed to the Charity., il is probable that the economic benefits associated with the transaction will flow to the charity and the amount Can be reliably measured. The following specific policies are applied to particular Categortes of income: income from donations or grants Is recognised when thera is evldence of enulement to the gifL recelpl is probabk and its amount C8n bè measur8d reliably. gacy income is recognlsed when rKeipt is probable and entSll&menl is established. Income from donated goods 18 mèasured al the fair value of the goods unle88 this 18 Impractical to measure reliably. in which case the value is derived from the cost to the donor or the esllmated resale value. Donated fa¢llitie¥ and services are recognisad in the accounts when rec8ivèd if the value can be reliably moa¥ured. No amounts are Included for the contribution of gener81 volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unles5 there is a contractual requirement for11 to be spent on a partScular Purpose and returned if unspent, in which case tt may ts regarded as restricted. Re8ourcM oxpondod Expendilurelg recognised on an accruals basis as a118blllty is Incurred. Expendlture include8 any VAT which cannot be fully recovered, and 18 cIAsslfied under headings of the Statement of financial activities to whlch St relales.. expendlture on r818ing funds Includes the costs of 811 fundrai8lng actlvllle8, events, non- charitablè trading 8clivitles, and thè sale of donated goods. expendltur& on Charitab acfvilles includes all costs Incurred by a charSty In undertaklng acts'vities that fvrthèr its charitable alms for the bénèfit of ils beneficiaries, including those support $t5 and c08ts relating to the govamance ot the charlty 8PPOrtioned to charitable actlvities. other expendlture Includes all expenditure that Is neither related to ralslng funds for the charity nor part of its expenditure on charitable aclivits'e$. All costs are allocated to expenditure categories reffiecttng the use of the resource. Direct costs attributable to a single aGlivity are allocated directly to that a¢tivlty. Shared costs are apportioned betsve8n the activities Ihey contribute to on a reasonable, justifiable and consistent basis. Tanglbl• a$8•ts Tangible a$sel$ are initially recorded at¢ost, and subsequently stated al cost less any 8ccumulaled depracialion and imp8innent108ges. Any tangible assets carried at revalued amounts ar& r•¢ordod at the fair value at the dale of revaluallon less any subsequent accumulated deprecialton and subsequent a¢xumulai8d impairmanl losses.
Page 13 The Oakdale Trust Notos to the Flnancial Statements {¢0nthu Year ended S April 2025 Accountlng polkios le•) T•nglblo ats An in¢rea¥e in the canying arrKJunt of an asset as a result of a revaluation. is r8cognlsed in other recognised gains and losses. unless it reverses a charge for Impalmnt that has previously been recognised a5 expenditure within the statement of ffinanc4al activib'es. A decrease in the carryiNJ amount of an asset as a result of revaluation. is recognised in other recognised gains and losses. except to which it offsets any previous revalualM)n gain. in whth case the loss is shown within olher rwnis8d gains and losses on ts slatement of financial athitses. Inv081mont8 Unllsted equffty investments arn initlalty re(x)tded at cost. and subsequentty MSUred at fair value. If fair value cannot be rellabty measured. assets are nwsur8d at cost185s impairmenL Lk8ted Investrnents ar8 masured at fair Value with ¢harfjes in fair value being recognised In Income or expendUrO. Impalrni•nt of flx•d a•••t• A reviw for indicators ol impairThrt is carld out at repo.n9 date, with the rectherablo amount belng estimated where such indicatots exist. IAfjwe the carrying value exceeds the recoverab amounL the asset is Impaired accordingly. Prior impaimonts are also reviowod for p)sslble reversal at each reporting date. For the wrpose8 of ImpairTTwnt testKig, when it Is possible io esliffote the recovgrabie affnt of an indivKlual asset. an estimate is made of the recoverab amunt of th& cash8nerating unit lo which the asset belongs. The cash-generating unit is the smallest Klentifi8ble group of assets Ihat includes the asset and generates cash inflows that largety Independent of the cash inflows Irom other as5 or groups of assets. Flnanclal In•truments A financial 8$8et or a ffinantial liabillty is r•cognised onty wfien th? ch•ity brneS a paty to the contractual provisn$ of the instruffMt Basic financlal instruments are initsalty rewgnised at the arrKJunt receivable or pgyable Includlng any related transact costs. Current assets and Current liabilities a subsequenty measured atthe cash ar otherconsidaration expected to be paid or receNed and not discounted. Dabl instruments are subsequenlty measured at anvjrtised cosL Vthere investments in shares are publth traded or their fair value can otherwise be measured reliabty, the investrnent is subsequenty measured at fair value with changes in fair value recognised in income and extnditure. All otrber such inveslments are subsequenty waSured al cost less impaimwit Other finanoal instrurrEnts. including derivatives, are intslly re¢tyni8ed at fair value. unless payment for an asset is deferred beyond norn1 business tems or ffinan¢ed at a rate of interest Ihal is not a market rate, in whith case the assel ffeaSud at the present value of the future payments discounted al a market rate of interest for a similar debt instruffenL
Page 14 The Oakdale Trust Notes to the Financial Ststsments (c Year ended S April 2025 Accounting polScies (eontinuo Flnanclal Instruments (C0•0) Other financial instruments are subsequendy ffEasured ai fair value, with any changes reccgnised in the statement of finan¢l activilies. with the exception of hedging instruments in a designated hed9ing relationship. Financial assets trt are ured at cost or arnorw f])st are reviewed for objective evidence of impaimient al the end of each reporting d. If there is obiectsve evidence of impairment. an impaimient Ios5 is recognised under the apwowiate h&2diThJ the statement of financial activ1tS in which Ihe initsal gain was rwnised. Fcf all equity instruments regardless ofsnifiCanCe. and otherffinancial assets that are indNidualty significant. these are assessed indNtdualty for impairment Other finanual assets are ef(her assessed indNidualfy or grouped on the basis of Simar credit risk dHractertstics. Any reversals of impairment are recognised immediatety. to the exient that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount Uld have been had the impaimient not previousty been recognised. Donatlons aml l•gacies Unrestrtcied Totsl Funds UNestricted Total Funds Funds 2025 Funds 2024 tlon•lions Donation5 40,893 40,893 Investment In¢ome Unreslricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Income from listed irNestments Bank interest receivable 429.304 5.227 429.304 5.227 487.021 14.510 487.021 14.510 434.531 434,531 501,531 501,531 Other In¢ome Unrestrthd Total Fund8 Unrestricted Total Funds Funds 2025 Funds 2024 Other income 1.739 1.739 Inveslment management ¢08ts Unrestiicted Total Fund5 Unrestricted Total Fund$ Funds 2025 Funds 2024 Investrnent management fees 109.334 109.334 129.047 129,047
Pago 15 The Oakdale Trust Notes to the Financial Statements (¢onllnuJ Year ended 5 April 2025 Expendituro on charllable actlvftles by fund type Unrestrled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Grants Grants retumed Support cos 332.825 332,825 315,100 {10.000) 3,990 309.090 315.100 110,000} 3,990 309,090 4,861 337,686 4,861 337,686 ExndItur9 on charitable activiti8s by aclfvlty type Grant fvndin9 of activities Support Tolal funds cosis 2025 Total fijnd 2024 Grants Grants retumed Govemance costs 332.825 332,825 31S,100 110,0001 3.990 4.881 4,861 337,686 332,825 4,861 309,090 10. Anaty81s of support costs Govemance costs Total 2025 Total 2024 Accountsncy fees Audit fees Subscriptions Bank charges Postage and stationery 1,600 1.860 730 30 1,600 1.500 1.780 710 730 4,861 4.861 3,990 11. Nèt {IoGsesygaln8 on Inveslments Unrestricted Total Funds Unrestricted Totsl Funds Funds 2025 Funds 2024 GainlI0$seSI on disposal of listed Investments Gainsl{losses} on revaluation of lÉsted investments 150,594 150,594 159,830 159,830 {1,026,417) {1,026.417) 1,177,196 (875,823) 1875,823) 1,337,026 1.177.196 1.337,026 12. Net {exp•ndfttsro)fincome Net {expenditurellincome is stated after chargIn[crediting)'. 2026 2024 Fees payable for the audit of the financial statements 1,860 1.780
Page 16 The Oakdale Trust Not88 to the Financlal Statements (coniinued) Year ended 5 April 2025 13. Staff costs The average head count of employees durlng the year was Nll12024.' NIII. No employee received employee benefits of more than £60,000 during the year12024: NSI). 14. Tru8tO0 r•mun•ratlon and expoDse8 No rèmunerats'on w86 paid to trustee8 during the year, nor were any trustees, expenses relmbufS8d. 15. T•nglble flxod a•80ts Frnahold proporty At 6 Aprll 2024 and 5 Aprll 2025 Depreclatlon At 6 Aprll 2024 and S Aprll 2025 Carrylng amount At 15 Aprll 2025 At 5 April 2024 7.173 7,173 7,173 16. Invo8lm•nts Ll$tod Invo•tmont8 Cost or valuatlon At 8 April 2024 Additions Disposals Falr value movements Movement on cash held In capital account awaltSng Snvestment At 3 Aprll 2026 Impalmiont At 6 Aprll 2024 and 5 Aprll 2025 Carrylng amount At 5 Aprll 2025 At 5 April 2024 18,855,481 4,476,258 13.989,8761 (1.026.417) {294,7471 18,020,699 18,020,699 18,855.481 AJI investments shown above are held at valuation.
Pago 17 The Oakdale Trust Notes to the Financial Slatements (eonUnu•dJ Year ended S April 2025 16. Investments (¢i>ntinu8d) Financlal assets held at falr value The fixed asset investments comprise listed investments and cash fvnds held awaits'ng investment. As at 5th April 2025 £177.15012024- £471,897) was held in cash fvnds. Listed investments are valued based on publicly available market prices by the investment fund managers. 17. Debtorn 2025 2024 Prepayments and accrued inco 540 18. Credltor8: amounts falllng due wlthln one y•ar 2025 2024 Accruals and deferred income 28,570 30.198 19. Anatysl8 of ¢haritable funds Unrestrfcted funds Gain$ and At losses S Aprll 2025 6 April 2024 Income Expenditure General funds 19.263,677 475.424 (447,0201 (875,823) 18.416.258 Galns and At losses 5 Aprll 2024 6 April 2023 Income Expenditure Genéral funds 17,861,518 503,270 {438,1371 1,337.026 19.263,677
Pago 18 The Oakdale Trust Notes to the Flnancial Statements (conllnu•dJ Yaar ended 5 April 2025 20. Analy818 of net a888ts botween funds Unrestrlcted Total Funds Funds 2025 Tangib18 fixed assets Investm8nts Current assets Créditors less than 1 year N•t a880ts 7,173 7,173 18,020,699 18.020.699 416,956 416.956 128,5701 {28,570) 18,416,258 18,416,258 Unrestricted Total Funds Funds 2024 Tangible fixed a$gets Investments Current assets Credltors less than 1 year N•t a•••ts 7.173 7,173 18,855,481 18,855,481 431,221 431,221 130,198) 130,1981 19,263,677 19,263,677 21. Anaty80• of grants 2025 1001 Fontane5 UK Aberdyfi Commwry Drop.in Ceotre Acrion LI11c ReseaTcb African Ilissio 1.000 750 750 1.000 Age Cvnwu Tr'tst Gtamor8an Alzhetmer'9 Reseuch IOR Amphibiall and Reprile Con5eTrition Tnjst Animal Free R¢s¢arch UK Anxiety Support IA'al•s Asthma and Lung UK Asthma Relief Aii'amu Barnardo's Bath Spa Lrtiversitv B&eAbthry 11:3les B¢ IL farll Foundation Bo(anie21 Sotiety of Britsin and eland Bowel Cancu SUP N'orth M"aks Bowel Cancer UK 2,000 2.000 SW 2.000 2.000 1.000 1.500 2.000 500 1.51)0
Pago 19 The Oakdale Trust Notes to tho Flnancial Stst•ments (conllnu*4 Year ended S April 2025 21. Analysls of grant8 (catndI 202S BRACE Bratii Research Ttust Breast Caaeer Nl Bre£on l& Iouattiti Rescue Team Brewtime.Ileo's Chlb 1.500 Bmyd Da IIon Cae Felin CSA CIC Cambridge Global Heatth Pa Campagn for Naoonal Parks Cancer tnfornntion alld SUprt Ser¥ices Canolfan Gymunedol YstradoweD Commurll Capior Hofizons Cardiff Lniversiry Cardiff IIICA Hou5inB AssocAtion Ltd Care for Cambodia Carers Tnjsi Wales Carers Il'ths Cannartkn Famty Cmtye CelfoG Centre foT Alternatii'e Technology Cerebral Palsy Cym Chariotts 1.500 7iO 1.5(K) 1,000 Chih4ren Change Colombia Christ the king PFA Combai Stre$5 Comfort Cases UK i.0 1.500 1,500 Conclliition Resources Connah's Quav Old Peoples A$sociatson Conser+2ti0ll Educaoon & Research Tn1 Ci3tic Fibrosis Trust Diabete5 IJ I,i7i 2.000
Page 20 The Oakdale Trust Notss to the Financial Statements (e Y•ar ended 5 Aprfl 2025 21. An•ty8h of grants Icorrtthu 2026 Dor llold0%7 DOMT'S SdrOMe Researcb FOdItion Dr B CreatT%f CIC Ejn Cegn CIC Ethiopwd F.ILA.If.E. F¢liti Ucharld1lf¢ and Conunw Gde Ffoio8aferv. T&S Ltd Fsh8U4rd Fe$iis'ai of Jlusic Fisy Taknts UK Ltd Forest School SNTrT Forget.m¢-not Chorus Friends of Chme Gardens Frietids of PoDthÉw' P¥k Fri¢ods of the He4n of .¥1¢8 Lin¢ TTI Fuelled ty Cake Gardd O Gobaith Goleudv Housing aad Siwrt Greai Onnond Streer Ch&tr¢a's ChatsN for Humatiiry Gr Britsin Han1 Fi$lla UK Headway South Poi%Trry Nfeuro Caft Health Poverry Acii¢ti 1.500 1.500 750 500 1.500 500 1.000 2,000 250 3.000 Hope Réscut 500 Hospices of Hope Limited Incljani SPIRE Foundation International Cblthen's Tn1 InternatiOQ31 ITep FelloM'sb41 E.500 1.000 2.1)00 51x1 1.000 1.500 I,ity) Kwghton and Thstilct Commutiity Centre Libws Lifestyk (Vth"'*s) i.5)
Page 21 The Oakdale Trust Notss to the Financial Statements Year ended 5 April 2025 21. Analysis of grants IContIno) 2025 Likitigstone TalEla Tnjst 1.500 Lupus U lanifesio Ch largam l.outh Acti&ities Letsure Cenrre lethcal.4id for Pakslinians lenter laith Sir Caerffili lerthyr Tydfii attd f*stri¢t 11stical Soc d Youth Theatre lokth Cb3llenge Fouadation lotor N'ewone Disease Aswtiauon ,%lultiple SJstem Atrophv Tn1 lusculzr DystrLyhy Group of Grea Britsitt 6,750 500 ioo l.iOO 2,000 teEih.Ifuseum Ltd 'atsonal Ifuseum of :5 auonal Youth Ans IIT ¢uDICE ac ewo Therw Centre righfiogth House Howe 'ottb Il'.aks Internatsonal Illu Festi% 1.000 2.OiXI Ogmor¢ I:allcv Local History and Henw SOcty Onty Connect L Orehid Caacer Appeal 5IXI I,iOO Pain Reltef Fouadaaon Park12llds ElgeliCal Cbwch Paul Sartori F0utida Limited P¢ffjbrokeshire Coasi N'ati0031 Park TnJ5t Penanb Cbamber IL Iu5ic Fe51iNIi Pe(ae3 Flowtt Fami CIC l.iOO 5IXI
Page 22 The Oakdale Trust Notss to the Financial Statements (conthu•dJ Year ended 5 Aprfl 2025 21. Anaty•18 of grants IConUnl1 2025 Plant Your FuDJre Powis Pets Irt J'e¢d Pris¢)ner5 Abroad Ramforest Trnst UK Ralen HLKtse TTUSt Re-cvcle Bthes to AfrKa l.500 500 L.500 1.000 Re$ofv¢n Bulding Blocks Rba%1¢r by N7aDJre River And S¢a Sens¢ Lid 71 ll'etsh Col¢8¢ of Ilusic and Drn Sand Dams IlorldThqde Limited Secood Sigbt Shelrer Cym Sherfflan Cynru 1.sfJ) Skths and 1.ohlring Cvmr South 11.est Commwty Chaplw L¢d Sparkle (South Il'ales) St Dairyd's How¢ St Dairyd'$ Howice Car¢ St John Ambulance c (Gwyni Couoca) Starfish Greath¢art$ Foundation Slow Pk Community Crntre stre Cluld Siudents OrgaDisin8 for Suststnth Sumatran Orangutan Societs. Support Througb Court Siiwisea Bay Fthromnipa Si4yort Growi Cats and Kitt¢n5 Swausea Llsabilits. Fonun 1,000 1.500 1.500 2,000 1.500 2.cilo 1.500 1.5iJO 1.5 250 1.500 Terrence .)13 Tnjsi
Pago 23 The Oakdale Trust Notes to the FinaD¢lal Statemonts (cMthue Year ended 5 April 2025 21. Anaty8ls of grants (Con11ndI 2025 l.iOO l.i¢)0 2,000 Tbe Ajuda Foundation The Awen Proi¢¢t The Big Skjll The Braui Tumour Cknty Th¢ Brandon Centre . The Bridge to Cr05s ThKiublt Tr1 The Bunkhouse Ifusic Venue The Clatterbrage Cancer Cbari The Commwry 11111% CIC The Compassionafe Friends The Forwwd TDJSt The Friend The Fiieads of H.O.P.E The Gap V¢"ths The Groe. cllrylldaUddy The Hullger Project The Insttfte ofcancer Researc The Laadmafk TNsi The L¢prosy lfjssion Great Britsin Tht Liv¢r Group The Llanmoriais aftd Districi Commijtity Hall Tn1 The Ifaw of Life TDJst The Itaker$ Guld ill Il'ai¢s The Tfust The Ne150n Trnst The Prince'$ Trnst The 'SItig Sthrs Theatre Compatty The Sahition Arniy The Sequal TDJsr The Slwitig Table Tht l inc¢n¢ ll-thibfe TDJSt The il'el]ness Centre Ilertbyr CIC Theatr na nog Trtt socie CIC 10.000 2.ofjj 1.500 500 1.500 1.500 i.000 2.200 i.0 800
Page 24 The Oakdale Trust Notss to the Financial Statements (eoniinued) Year ended 5 April 2025 21. Analysls of grdnts Icortilnuedl 2026 Trio Uganda Triumph Ov¢r Phobia . Hafan United Il'etsh Lsniversiry of York 7iO 1.500 500 11,'allace attd GrtimiV$ Grand App¢al :ellbeing of Th:omen '"etsh Chamber Otchestra rjllston's 11.tsh 'orktng Clwice "orid Bicycle Ref bx. liorld Il¢dical Fund For Chddren 'orldSlwe I1"orldfide Radioloyy 2,iOO l.iOO 1.500 750