REGISTERED CHAIUTY NUMBEIL. 231456
REPORT OF THE TRUSTEES AND
IJNAiJDITED Fll¥ANCiAL STATEMENTS
FOR YEAR ENDED 13 OCTOBER2024
FOR
THE OAK TRusr
Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
SuffDlk
COIO 2SP

THE OAKTRUST
REFERENCE AND ADM￿lsTRAT[VF. DETAII
li
FOR THE YEAR ENDED 13 OCTOBER 2024
TRUSTEES
Dr E A Courtauld MA, FRCPath, l*fD (Chaiman)
Mrs C M Hart BSC (Hons)
DrCPGHartMA,DMS
PR￿CIPAL ADDRESS
l Ampliora Place
Sheep¢n Road
Colchestei.
Essex
C03 3WG
REGISTERED CH•llUTY
231456
INDEPENDENT EXAMIDIER Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
COIO 2SP
ADVISERS
Evelyn Partners Investment Management
45 Greshain Str¢et
London
EC2V 7BQ
Page I

THE OAK TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 13 OCTOBfiR 2024
Th¢ Trust¢es* presont their report, and the ftnancial statements of the Charity for the year ended 13th October
2024.
OBJECr￿Es AND ACTwrllEs
Objectives And aim$
The obj¢¢tive5 of the Charity are making grants to appropriate legally charitable instttutions or purposes the
Trust¢¢s detemiine. Tli¢ Trustees meet tivice yearly to approve or refuse grnnls.
The Trustees Confirm that they have referred to the guidance contstned in the Charity Commission's general
guidance on publi¢ b¢n¢fit when reviewing the Trusvs aims and objectives and in planning future activities
and setting the grant making policy.
The Trust carrie8 Ollt these objectives by..
Making grants to Registered U.K. Charities working locally in East Anglia and tlwoughout the U.K.
supporting people who are disadvantaged (in the ivid¢st sense) and supporting medical and environmental
¢hariti¢s,
Grantmaking
The Charity invites applications for fundKng fiom recognised Icgally ¢haritable instilutions.
FINANCIAL REVIEW
Investment polRey and objeetives
The Charity ree¢ived a donation in 1963 from Rev. A C C Courtauld to be kept in pcrpctuity. The capital of
this fund now amovnts to over £l.000,000.
There are no restriction8 011 the Charitys power to invest. The investment strategy is set by the Trustees for a
period of five years and takes account of tlie recent demand for futtds aiid the quality of the funding
applications. Tlie Trustees consider the income requirements, the risk profile aiid the investment manageV8
view of the market pr05pe¢ts in tlie medium terni. This strategy is set williiii an overnll policy. Ivhich states
that the endowment fund is to be investmtnt in loiv and medium rtsk investtnEnts. The unrestricted and
r¢stricted fuods may be Invest￿ in any type of investment. Our strategy is revi¢wed with oiir iiivestmeiit
manag¢rs annually.
Resc￿e8 policy
It is the policy of the Cliarity to maintain unrestrict¢d fund5, wlii¢h are ihe fr¢e reserves of the Charity, at a
level, Ivhi¢li equates to approxiiiiat¢ly six months unrestrict¢d exp¢iidiftire. This provides sufficient funds to
cover administration costs and awiual donations atkd to respond to eMerg￿1¢Y appli¢otions for grants, which
arise from tiine to time. Utweslricted funds were Inaintained at this level througliout the year.
STRucfuRE, COVERNANCE AND MANACEMEKf
Governing document
The Charitable Trust IS ¢Ollslitiit¢d by the Trnst Deed, dat¢d 14 O¢tob¢T 1963 and is a Registered Charity
(nuinber 231456). The Trustees ivho li&ve served dtiring the year and since Ihe year end ar¢ ￿lt on page
l. Trustees are appointed by the Board of Trustees.
Risk mAnageinent
The Trustees liave examift¢d the inajor slrategic, business and op¢ratioiial rtsks which the Cliarity faces aiid
coiiftmi that systems have been established to enable regiilar reports to be produced so that the necessary
sleps can be lak¢n to lesseii tliese risks.
Page 2

THE OAKTRUST
REPORT OF TItE TRUSTEES
FOR THE YEAR ENDED 13 ocfoBER 2024
INDEPENDENT EXAMINER
The Trusl¢es intend to &sk the existing iiidependeiit examiners to undertake the independent examination of
the Trust in the following year.
Approved by order of the Board of Trnste¢s on..............,... .......................... and signed on ils behalf by:
#f £ K CowfffjLI LJ)
Dr E A Courtaiild MA, FRCPath. MD- Trustee and Chairnian
Page 3

[r￿EPENDENT EXATrIINER'S REPORT TO THE TRUSTEES OF
THE OAKTRUST
Independent eramlner's report to the Trustees of The Oak Trust
I report to the Charity TNstees on my exaininatÈon of the accounts of Th¢ ook Trust (the Trust) for the year
ended 13 (ktober 2024.
Respon5ibllitiu and basis of report
As the Charity Trustees of the Tntst you are responsible for the preparation of the accounts in accordance
with the requiTetn¢nts of the Charitie5 Act 2011 ('the Ace).
I report in ￿Spect of my examination of the Trusvs accounts carried out under Section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Cbarkty Comniis5i0n
under Section 145(5Xb) of the Act.
Independent examiner's statement
I have completed my examination. I eonfiTh that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any fi￿terIal resp¢¢t:
accounting ￿cOrdS wete not kept in ￿Spect of the Tjust as required by Section 130 of the Act. or
the accounts d4J not accord with those records" or
the arcounts do not comply with the applicable requi￿￿entS conceming the fotm and content of
aecounts set out in the Chorities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true ar￿ fair view which is not a matter considered as part of an independent
I have no concerns and have come &cross no other matters in connection with the examination to which
aitention should ￿ drawn in this report m order to enable a proper understanding of the accounts to b¢
reached.
John Seago FCCA
Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
COIO 2SP
6..dv6tsSf 2aAf........
Page 4

THE OAK TRUST
STATENtENT OF FllYANCIAL AcrivrriES
FOR THE YEAR ENDED 13 OCTOBER 2024
13.10,24
Total
funds
13.10.23
Totsl
nds
Unrestricted Endowm$2nt
funds
fund
Notes
¥COME AND ENDOw￿￿￿Ts FROM
Investment income
33.137
33.137
28.948
EXPEf4DITURE ON
Raising fimds
8,654
8.654
8,260
Chgrltable &ctAvlties
Donations
22.250
22250
Total
30,904
30,260
Unrealised investment gainsl(losses)
R¢81ised gainsl(losse5)
83 J47
83,347
22,019
*NETINCOMX :, ,.. .,:,
RECONCILIATION OF IiINDS ' , ;... .
Total funds brought forward
26.441
907,974
934.415
913.708
998 481
1027 155
934415
The notes fonn p8rt of these financial statements
Page 5

THE OAK TRUST
BALANCE SHEET
13 ocfoBER 2￿4
13.10.24
Totsl
nds
I3.10.23
Total
funds
Unrestricted Endowment
funds
fund
Not¢s
FIXED ASSETS
Investments
I,008,955
1,008,955
890,597
CURRENT ASSETS
Investtnents
Cash at bank
10
14.400
17.506
(J 0,474)
3,926
17,506
30,739
16,203
31.906
(10,474)
21,432
46,942
CREDITORS
Amounts falling due within one year
(3.232}
(3,232)
(3,124)
NET CURRENf ASSETS
10474)
18200
28,674
998.481
1,027.155
934,415
998,481
I IY27 155;
934.415
The notes fom part of these fuwicial statements
Page 6
£ontinued.-.

THE OAKTRtJST
BALANCE SHEET - conainued
13 OCTOBER 2024
13,10.24
13.10.23
Unrestricted fimds
Endowment funds
12
12
28,674
998,481
26.441
907 974
TOTAL FUNDS
1027 155
934 4l5
The fiuancAal statements were approved by the Board of Tnistees and authonsed for issue on
. and were Sign￿ on its behalf by..
Dr E A Courtauld MA, FRCPath, MD - Trustee and Chairnian
DR C P G Hart DMS . Trustee
The notes fornt part of th¢s¢ financial statements
Page 7

THE OAK TRUST
NOTES TO THE FINANCIAL STATEMEfATS
FOR THE YEAR ENDED 13 ocfoBER 2024
ACCOUNTING POIJCIES
Basis of prepAriag the finaacial statements
The finan¢ial stst¢ments of the Charity. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by CharÈties:
Statement of Recommended Practice applicable to Clwities preparing their acwunts in accordance
with the Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland (FRS 102)
(effective l January 2019),, Financial Reporting Standard 102 'The Finaftcial Rcporting Stand8rd
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements
have been prepared under the h￿torICal cost convention, with the exception of investments which are
included at market value.
Income
All income 15 recognised in the Ststement of Financial Activities onc¢ the Charity has entitlement to
the funds, it is probAble that the income will be received alld the amount can be nie&sur¢d r¢liably.
Expellditure
Liabilities are recognised as expenditure as soon as ther¢ is a legal or constructive obligation
committing the Charity to that expenditure. it is probable that a transfer of economic be￿fits will be
required in settlement and the amount of th¢ obligation cars be measured reliably. Ex￿nditUre is
aCCOLmt¢d foi on an accnials basis and has been c14L8sified under headings that aggtrgate all Cost
related to the category. Where costs camiot be d1￿CtlY attrtlyjted to particular headings they have been
.. all￿al¢d to activiti&s on a basis consistent wsth thL. iise of resources.
Otants offered subJt£t to ¢OAdÉ¥ons Hthich knv¢ not b*eo met at the y¢ar dot¢ #T¢ Th)t¥d as a
eommitment but a¢crued ag expenditure.
Raising funds
The cA)SL8 of g¢nerating funds are those eosts attribulable Éo generating in¢omin8 ruour¢es for the
Charity. other than those incurred in undertaking charitsble activities or the costs incurred in
underthking tTading activitie5 furth￿￿ of the Charitys objectives.
Charftable *ctivirf£s
Costs of charitable activities comprise all costs incurred in the putsutt of the charitable objectives of
the Charity. These costs, where not wholly attributable, are Apportioned betwen the ¢ats8ories or
charitable expenditure.
Taxatio
The Charity is exempt from tax on its clwEtable activities.
Capital funds
Unrestri¢ted Income Fund comprises those funds, which the. Trustees are free to use in accordan¢e
with the charitabl¢ objectives.
The Endowment fund repr¢sents those ass¢ts, which must be held pern￿nentlY by the Charity,
principally investments. Income arising on the endowment fund C&D be used in accordance with th¢
obje¢tives of the Charity and is included &s restricted income. Any capital gains or losses arising on
th¢ investments fomi part of the fund. Investment management charges and legal advice relating to the
fuod are charged against the fund.
Page 8
continued...

THE OAK TRUST
NOTES TO THE FJNANCIAL STAT£MENfs- continued
FOR THE YEAR ENDKD 13 OCTOBER 2024
AccouNf]NG POLIC￿ - ¢ontinued
IDYe8tment income
Investment income 15 accA)unt¢d fot in the period which thc Charity is entitled to receipt,
Investments
Inv¢sÈments are stated at closing mid nwket v￿ue at the balance sheet date as per Appeadix l (noted
is the cost). The realised gains and loss¢s ar¢ cr¢ditsd to the Trust Permanent Endowment Fund as
unrealised gains and Eosses.
13.10.24
13.10.23
Investment Income (AppendAX I)
33.137
RAISING FUNDS
Investment management ¢(￿ts
13.10.24
13.1023
Administration charges
LSFJLEI renewaj fee
Accountancy fees
Website development
4.500
72
1.782
6,514
72
1,674
C11ARrfABI￿ DONATIONS
Grants payable are ¢harg&l in the year when the offer is couveyed to the recipient except in those
oases where the offer is Conditional, such grants being recognised as expenditure when the condition
attaching are fulfilled. Granls offered subjcct to conditions which have not been met at the year end
are noted as a commitment but not accrued as expenditure.
Appeal
Amount
The Trustees decided to make grants as follows:_
TearFund
Compassion UK
Friends of Mutake School
No Way Trust
The Cirdan Sailing Trust
African Child Trust
The Friends of St James Mission
The Nehemiah Project
2.000
2.000
1,500
1.000
1.000
1.000
1,000
1,000
Page 9
t4)fttinued...

THE OAK TRUST
NOTES TO THE FINANCIAL STATEMINfs - eontinued
FOR THE YEAR ENDED 13 OCfOBER 2024
CHAIUTABLE DONATIONS - ¢ontinued
AfricaD Mi&8ion
Friends of Vellore. UK
Jacaranda Foundation
The virti￿] Doctors
The WiEEow Trust
Fellowship Afloat
Prader-willi Syndrome Association UK
Lancashire Sdkool SaAling Association
Walk Mtnistries
Zambia Orphans Aid UK
Suuny Days Children Fund
Newmarket Scout Group
Benbradagh Commuttity Support
Project Harar
Young People Taking Action
Swan Youth Proje£t (Norfolk) Ltd
Food Lifeline
1.000
1,000
1,000
1.000
1,000
1,000
750
750
750
500
500
500
500
500
500
250
250
TOTAL
There no twstees, retnunerwion or othcr bcnefits fof the year ended 13 Octob¢r 2024 nor for the
y¢ar ended 13 October 2023.
Trwtee8' ¢xpense•
There were no tnJste&8' expenses paid for the year ended 13 October 2024 nor fof the year ended
13 Octokr 2023.
co￿ARATIVEs FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UniEStricted Endowment
funds
fund
funds
INCOME AND EIYDOWMENTS FROM
Invesknent incomt
28,948
EXPENDrruRE ON
Raising ￿ndS
8.260
8,260
Charitable activilfies
Donations
21000
22.000
Total
30.260
30,260
Page 10
continued..,

THE OAK TRUST
NOTES TO THE FL¥ANCIAL STATEMENTS- contimued
FOR T￿E ENDED 13 OCTOBER 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- eontinu¢d
Unrestricted Endowment
fund$
fund
Total
funds
Net gains on investments
22,019
22,019
NET INCOMEI(EXPENDITURE)
(1.312)
22.019
20,707
R£CONCILIATIOIY OF FUNDS
Total funds brought forward
27,753
885,955
913,708
TOTAL FE]ThDS CARRIED
FORWARD
907 974
FEES Fi)R THE LXAMINATIOYA OF IHE ACCOUFrrs .... ,. . .
13.10.24
13.10.23
Independent examiners fees
TAXATION
The Trust ￿ a registered Charllty and accordingly is exempt from taxation on its income and gains
where they are applied for charitable pury)oses.
See Appendix l.
10. CURRENT ASSET INVESTMEIYTS
13.10.24
13.10.23
Evelyn Partner5- capital l Èncome accounts
30,739
Pagell
ntinued...

THE OAK TRUST
NOTES TO THE FINANCIAL STATIMENfs . continued
FOR THE YEAR Ef•tDED 13 ocfoBER 2024
11. CREDrroRS: AMOIINTS FALLll¥G DUE WTfHIN ONE YEAR
13.10.24
13.10.23
Administration charge
Accountancy feeg
1,450
1,782
1,450
1,674
3,232
12. MOVEMENT JN FUNDS
Net
movement
in funds
At
14.10.23
At
13.10.24
Unre8lrieted funds
General fund
Unrestricted Income Fund
28.897
2.456)
28,897
2.233
26,441
2,233
28,674
Endowment fubd$
Permanent Endowrn¢￿ &>,,￿11￿,.:
907,974
90,507
998,481
934 415
1027 155
Net movement in funds. included in the above #re a3 Follows:
Incoming
resources
Resources
expended
Gains attd Movemcnt
losses
in funds
Unrestricted funds
Unrestricted Income Fund
33,137
(30,904)
2.233
Endowment funds
Perniallent Endowmellt
90,507
90,507
TOTAL FtJNDS
Page 12
continued...

THE OAK TRUST
PIOTES TO THK FINANCIAL STATEMEwfs - continued
FOR THE YEAR ENDED 13 OCTOBER 2024
12. MOV£MENT IN FUNDS- continued
Comparntiyes for movement in funds
Net
movement
in funds
At
14.10.22
At
13.10.23
Unrestrieted funds
General fund
Unrestricted Income Fund
28,897
1,144)
28.897
27,753
(1,312)
26,441
Endosvment funds
Pernianent Endowm¢nt
885,955
22,019
907,974
T(YTAL FUNDS
913 708
20,707
934.415
Comparative nei movem¢ni in funds, included in the above are as fi>filows:
incoming
Resources
resL>urces expended
Gxins and Movement
losses
in fimds
. . Uurejtricttd tuudj ;,,:.,: ..
' Unrestrictd Income Fund
28.948
(30,260)
(1,312)
Endowmeut fund
Permanent Endowment
22,019
22,019
TOTAL FUNDS
30
20.707
A current year 12 rnonths and prior year l2 months combined position is as follows:
Net
movement
in funds
At
14.10.22
13.10.24
Unre&tri¢ted fund
General fvnd
Unrestricted Income Fund
28,897
1,144)
28,897
921
27,753
921
Endowm¢nt fuuds
P¢mian¢nt Endowrnent
28,674
885,955
112,526
998,481
TOTAL FufiDS
913,708
113447
1027 155
Page 13
continued...

THE OAK TRUST
NOTES TO FINANCIAL STATEMENfs- colltittued
FOR THE YEAR ENDED 13 OCTOBER2024
12. MOVEMENT IN FIJNDS . continued
A current year 12 months and prior ye8r 12 months Combined net movement in ￿nd¥ An¢lud¢d in the
above are as follows".
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
UDrestrictsd funds
Unrestricted Income Fund
62,084
(61.163)
921
Endowment fund
Pernianent Endownkent
112.526
112,526
TUTAL FUM)S
61,163)
112.526
113.447
13. RELATED PARTY DISCLDSURES
There were no related party trans&ctiofis for the year ended l3 October 2024.
P4ge 14

THE OAK TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 13 OCTOBER 2024
13.10.24
13.10.23
JNCOME AND ENDOWMENTS
Investment inLY)me
Investment income (Appendix l)
28.948
Total incoming resourcej
33,137
28,948
Investment management ¢osts
Administration chargES
Accountan¢y fe¢5
Website development
4,572
1.782
2.300
6.586
1,674
8,654
8,260
Charitable activllles
Charitable donattons
22.000
,. Total rwources expended
30.904
30.260
Ntt ID¢othtl(¢spendltvre) before gafin
*nd Ioss¢8
2.233
(1.312)
ReAli8ed re¢ogoi8ed aod 1055e
Unr¢alis¢d invesknent gains (105ses)
Realised gains (losses)
83,347
22.Ok9
Net illeome
20,707
This page does not fcrni part of the statutory finan¢ial ststements
Page 15