2024-10-31-accounts

REPORT OF THE TRUSThES A14D FINANC￿ STATEM&NtS FOR THE TrTAREF4DED 31 OCTOBER 2024 FOR E ODtHAM cONSOL￿￿TED CHARITIES

CONTENTS OF THE FINANCL4L STATEMENTS FOR ￿ YEAR ENDKD 31 OCTOBER 2024 keport of the T￿$t¢¢5 Ito7 Reportof the ]ndep¢ud¢nt Auditors Statem¢llt of FiLwKiai Ac(ivitie5 8tolO Balance S]vt 12 Notes to th¢ FiLancial Stste1￿ 13tts23

IHE ODfRAM CONSOLIDATED CHAi¢rriES REPORT OF THE TRUSTEES FOR TrTAR EIIDED 31 ocfoBER 2024 Trpstees presettttheir annual ryrt tO8tther with the finao¢ial Statem￿ ofth¢ Cknity for theythr Èntkd 31 O¢tober2024. a￿￿trtS aud cOll￿ty with the ¢barity's gov¢rning do¢uJnellE the Ch￿￿tieS Aci 2011 aud A¢￿￿ting attd Reportill8 by Cbaritics: statE￿e￿ of RPLomD￿ed Pradic¢ appli¢abl¢ ￿ charitie8 prep￿]￿$ their ac¢ounts iJJ ¢ordatKe with tlke FiDaDciaJ Rcportitig Stadard applicable ill the UK and R¢public of Erlatsd pllblithcd xn (knber 2019. ofobjettfves witbill goverMiDg docvDAent The bwfit8rea of the ¢￿￿[ty15 the Parishof Odikn a2 ¢0]￿lt￿ted in 1931. The AJDthouse BroLch is acttvity of tbe Charity attd out 26 Altntho￿¢s bave cotttiti￿ed to be well rull and R¢sid¢nts Contin￿ to live haB uDlil the clld of their ]ives or ulltil th¢y need to tr8Jtsfer to a reside￿121 care home. The tell￿¢ of nb)st residents is 20.30 yc3fS gnd two new resideuts joslled us during tbe year. D￿d d￿OnStrateS a conts￿illE ￿¢d for almshouses f[0￿ those JiviDg irA th¢ Area of Benefit IAOB). Sigvificatll investtllent io Luod¢rn kn"trbtn5 aDd bathroojD￿showtrs dwing rcccnt ye¥ts has paid divsdends as a¢¢0Mll￿a￿tiO4 including our 0ri8ttiai listed buildiugs aJe of a bigh stattdar& Out frcs for reSIde]￿ th¢ lowcst we know of in dkc viciDity. Our A￿house co1￿M￿lty malli8￿ and A&sistani Nl2naEer prn￿d¢ oTrsite and on-call serrices for ow rc5idents dwing noEtDal hours, gnd 8Jl A]￿h0￿e$ b&v¢ ¢rn¢rg¢ncy pullcord8 coun￿tillg to a call ceDtre outside tknse hour5. Wt have * new state of the art careline call sy#em ill th¢ A]msboLL%es Coll￿le￿ Our CollmiuLtty Man&ger liais¢s wlth ￿e￿IVeS aTd Adult Seni¢es of Hathpthire CouDty Couttcil when appropriat¢. We &spir¢ to Cater fer social needs a5 WCII as knusin8 ncc(k al ow Co￿t￿￿Ed[d￿ cro* all attractive place forre5idelltsts look outupott attd sit2nd $oci&lise. Ow social hou5in& rentrd to younger it￿l￿d￿al8 and raDr]￿ fromthe AOB are ir¢ hous]ng ¢ontillu to ¢%Jjoy v¢ry low turnover with Taost te)￿llts sraying exce55 of 6 year5. These ho￿eS are Itt on shorthold The ReIief iti Need (EIN) Brallch continll¢s to make ￿ and witbitt th¢ AOB. ChrI8t[￿ Gifts to individuals in need iti att increwgiy cbantrlled thTougb ¢hurch¢s, foodbath. schools and appropt ¢briti¢5 aijd c¢rtifi¢d agencies itt tbe AOB. We continue to Jnak¢ to 13 Schools attd pxw¢hools alld nursetie$ serviugth¢ AOB, thus addressitig educatioDa] nee(L Aknb0￿ BTrttch will be abl¢ to fimd th¢ aquisitioD of fisrtbeT %)Gial ts) serye th¢ AOB Ihe W¢ have referred to the guidaDce contsillcd inthe Cknity CoD]tDission's gener¥J guida4¢¢ oll pub]i¢ benefit whe reiqeiwiIiK 0￿r 2iJw and objectives and iti pknin8 fitsjre activities. In particular. the Tn￿tee$ coL8idet how pI¥Dned activAtieswill coLtribukts th¢ aitiLq axd objectives theyhave set ID th¢ firtber￿ of these obj#tsY¢4 bvt not otknise, the powers of the charity OT¢ as 5¢t out in its The a¢¢outLts separ&te the fimds atiributable to theA]rnsh￿￿ and UiefittNerd allJ)s ofthe C￿lLy. Page I

THE ODiWI CoNSOtIDAf￿ C&4RiTIES REPORT OF TBE TRUSTEES FOR ThEYEARENDED 31 OCTOBER 2024 Property lettthg The inveslmelltprop¢rty rornpri8ing offi¢c andretail shops * Will¢hesterrciLaill¢dfully letthroUgkn￿thCYW. The Tngtees also rompler&l tbeir fjrst mjoT revaTDP of our six Bufion Field proptrties sittce thew wuisition in 2￿2. These prowties ru¢¢t a charitable goaI of rclicving housiJ)g ne¢d Thtiilst social hoDSiDg rettts th aJJ ityfftt￿lltrlbll1[0llto the C￿lty.5 incoii) The Trntstees we¥¢ plca8¢d thdt occupatt"onIates of all twenty six Almthusc8 tel￿aIll￿ higbthrougbout th¢ year, dcspitt periods of vacant iellyre for spycific thoshouses thlloi4ryng deaths of ￿SId¢llts and subsquent need f Si8Dificant )Jpdatw an6 Anolher year of higb maiuteDau¢¢ ¢xpetiditurey just uttdtr £150,000, follov/ed r#ord wclldib￿t of £180.OOQ thlling the previuu5 year. This expenditsw¢ included plurDbiug & heatin& liglLting. sigDage. landscaping 84d gard¢D4 roofing, guttuing and facia replacemenL windowryair4 at of ac¢ornTuodationforresideDts. The TThstees h&ve maititaincd 1Dv¢St￿ to ensure tbat & sufficient kvel of itico]ne 15 g¢nerated to fund tbe owing need8 of the ¢￿Ity. Re]ief N¢¢d I"RlN' The Trustee$ #r¢ ¢ver mindfvi of tb¢ two arrtk% of th¢ cknity, the A]rosho￿ Brall￿ aTtd the Relief in Need BrandL The form￿ 1$ w¢ll ¢Stab]Isb￿ in tenDS of the ptovisiou and maintet￿ttte of the Alr[￿0￿5£4 including £70.000 per to r¢SiEve other fornjs of Le>J iu accord8t￿t our CharitablB Scb¢me. RIN expellditurc is byjL¢en￿ from invcstnxcnts apportitjned to the RIN BrallcI which is sllpplemented by a T¢￿141 donation by the Heruy Smith Chatity. TrLstCCs avoid aihllillistrative costs by ¢batsDelliug ]Dajor grants througb AOB sthoo]s and local cbaTiti¢5. Th¢popuiation in the AOB Lxpanded steadily dww8Ie¢¢llly￿rs and th￿teS 8tE I￿￿ep￿Ces8 of reviBWiDgRJNprote55es a￿lpE0cedweS to coDfiTmthe effjcwofpre8enÉ systems. Th¢ TrLqlees have to support aid given to UkraiDian fa￿1]leS iu the AOB knugFL Chtrth excellent Wardett TraDSitioTh and redefjtsition ofberrole has becn very Suc￿5￿1. Se￿l¢e$ residents continuÈ to be tht rdt¢. A challge of tTtle aL)d ameud¢d job dtsttxptkon a]so cn¢otDPLssed delegation of routint &int6n￿ ￿perViSio￿ and re&)rd kwill8, wbich bas r¢ti¢v¢d the load on trustees and eusw¢d thatren￿lIatioll of estate iw]6s is more responsiv¢. The ¢wrent ACM is Lon.t¢sid¢utiaL si￿¢e she Lives in her fjwu bow Thuthin theAOB., thss has allo￿￿ us to letthe rnrden'sboLsE' ￿ at & social rtnt t¢ I¢li¢v¢housingLeed for afamily. Finanel￿￿•s&tio The eod of Ibc year saw rtSOW¢¢5 expe￿￿ ¢xtted total iDEQJll¢ geLeratrd in the year by £3.427 (2023 . £82.8701. befo￿ llet ru]ised 8lld gaios ott ]trWe5￿. The chaty's fina￿tIal balance sheet h&5 betn The T[￿$t￿S have retojjsidered their strategy aud a¢couDtiLB po]ieywith tegard to theva]uatiott of Bth Fields. We referyou kn the a(￿￿tingpolIty audprioryear adju5l￿¢nt as referted to inNott20 otLpag¢ 21. The accouutiDgpo]icie& adoptedw fiwtber these objectives ore set out in Lote l onpage5 10 to 12 of th¢ fEJancial Printipal fuALding 5011rc¢s Aside from a smau uuwbcr of donatio￿￿ of £9,35012023 - £17.773} the piincipal fulld￿g sources for the GhaTity are CUt￿￿tlY by way of llwintella￿¢ fee5 derived from the Aj￿ho￿t8 £163.900 (2023 - £138,640) and irnvesthwtstitiCOTU¢ g¢n¢ratedbythe iuv¢slmcntprtfo]io £239.789 {2023- £205.997). Pa¥¢ 2

THE ODIHAM CONSOUDATED CHAXTIJIS REPORT OF TRUSTEES FOR YEARENDED 31 OCfOBER2024 we¥tJneDtpo]Ity nd objettlves The Tntstees hav¢ apolicy to tDailltsin itivestments to that a suffieient i¥Yel 0£]￿Orne is £ettetknd to futLd th¢ ollgomg Deets of th¢ Charlty thTh)ugb thtur¢ ye&& Under the Trust the Chaxity has th¢ Wbwer to thake aDy iivestmeat svhi¢h th¢ ttwtses see £t. Powets ar¢ d¢l¢gated to the fiDonce cojntijittee to work withthe ¢baTity TnL%tees [C￿¢￿ed the role p¢rfontJaDce of both Sar&L & Partners LtF and Rathbones hkYestsn¢nt hknag¢mcnt Linjitea alld ar¢ satisfjed with th¢srpcrf0ry￿<. Reserves polity It 15 the po]i¢y of the Clanty to UDrestticted ftmds, which ar¢ the free re8etveg of the d)arity, at i I￿1 suffici￿t to cover llw)agemetyt alld athninitholl a￿d support cosrs aDd to r¢spond to emergency rya￿S durillg the year. UDr¢5trict¢d finds were Jfaintsiu¢dive]l above this Jevel througknut the year to Cover en￿gentleS fimjd wquisitionef soci8] ILOUSillg. The Trustees remaiTr al￿t to any opportuuity to acquire forther iow-¢osi sDGiai housing to fidfiL its airns of ti¢viAg Iwusmg need in the A02. Discwsiojs hav¢ romm6nced OL other propcrty oppO￿￿tiltie￿ duting the last few yeats, but tbese have not Pto¢eded to dats. The tswstse$ bav¢ 5¢t w> & fi￿￿er wotiryDg w with Odih3 P￿]sh Council to Look tt new opporti]uiti¢5. Th¢ T[￿5 have built w sufficient i¢wv¢s in oThl¢r te be abl¢ to firyl such an a¢wsitioFJ Wtthout the need or intention to borrow. It is noted that the Almskn¢ A550gia(ion is lobbyitig stroJgiy for e]1￿1>111ty for aljllshouse cb8rities be ell￿ble for 8r8]Jts Homes Ellgl￿d 8DI frn le￿all￿￿111es w also b¢ •vaxlable. the ¢baTtty's aim5 lll acCOrd￿wIth￿rI¢Mit of thc RINBrattcb. Governin% document ThB Odib￿ll Cotssolidatrd Cbatitics i% a charity mpii8ing sevent¢w GhAriti¢8 wTh80lidatsd by the Chan"ty Re¢ruitmentAnd aPPQiDtmeJt ofnewtrustets Ch￿lty is governed by its 15 Ttustees. who are appointed by the Parsfjh C4)ullGiI orby the B02rd of TTTrStees. itia¢cotdatr¢ Fith th¢ Charity's Scheme. TnT5tc¢s allhavc localkllowledge and conllectioDS alldrepreseDt a cro s¢c¢ii>n of the colDm￿ty attd tb¢ AOB. The overall rttix of slsi]Ls and experieJLce of the Board of Trustee5 i2 reiry¢wed pcrAodicallytD er￿ arA appropriatt $paD ￿£b￿k￿ll￿¢ cotrpettncc ondn)otivation kn new trustees -4 trL%tee8 are t¢Foptedbythe board for8 t¢rtn of S years. .The cumt Vic8rofOdkn is ary¢x-oth¢io trotstee. ThEre w48 no vaww as dt31st octob￿ 2024.

THE OD1&4M CONSOLIDATED cH￿TIEs REPORT OF TEE TRUSTEES FOR YEAR Er4D￿ 31 OCTOBER 2024 orgaxisxtioJj￿ strncture The Board of Tmgtees, meeting nh)trthly, adDJilliSttrs the Charity and makes or ratifies all decisio1￿. A bairyu8oJ atsd vice th¢ bjll bEwd of trustets sn tbe same Fray as ally wntr&¢b￿l iotithxp with a￿tea pgty. Sally Tuoskll declarntioD of iltr￿est in r¢sps¢ct of her daugbt&s Ewe of Mores Cottag¢ aDd her Soll's lease of ots¢ of th¢ Buft￿FirIapr0PertieS. She is lloi xtivolved any decis1onm￿￿llg7￿rB￿dtO these. The TtusteEs have examitted th¢ Jllajor strdiegic. busitsess, and opcra(ioJJal risks wthick the cbarity f¥¢s ¢0DfJr￿that systems havebeen estab]ish¢d to ¢llabl¢regoIar re[￿$ to b¢prOth￿ed so that th¢u¢cessarysrq)s be to lessen tbese risk5. The Boardhave produ¢ed alld &dopteda diSaSterr￿Verypl&[L PHg¢4

REPORT OF TIIE TRUSTEES FOR THE YEARENDED 31 ocfoBER21124 Re*ter¢d Clwity llumber 238310 Regirtered otTre The Stables 23b L¢Dten Street Altojj GU34 IHG Bankj L]eyd4 B#JJkPLC 174 FleetRoad GUS14DD Hsndclsbanken Ap¢x Plaza EorbwRoad RGI IAX Wykckn Court VictoriaRoad so￿ 7KG Juxon Howe 100 SL PauL& ChurGbyard L•ndott EC4M 8BU Page 5

E ODIHAM CONSOLIDAT￿ CHARITTES REPORT OF TRUSITES FOR THE YEAHKf4DED 31 OCTOBER 2024 R¢Y M Biancbi MrJ CbauLPiQL Icbginwl MT T Benford (Vi¢trCknainwl MrN Osma Mr5 E Weaver Ms K Ball Mzs L Blay DrD Love Mr C M Brook Mrs H Barnacje P V¢tdon Ms S Rolfr M5 S T￿￿tell ME J RobinsOn.Gian￿l Ms LNi¢E&>ls Auditors A J Bettllvwith & Co. Upper Ground Floor 18 Fathlioad Guildford GUI 4XA Pagc 6

THE ODIIIAM CONSOLtDATED CHABJTLES REPORT OF THE TRUSTEES FOR ThE YUR ENDED 31 OCTOBER 21124 STA]IMENT OF fRUSTEES' RESPOTrISIBILIIIES Th¢ trll￿eeS are re9ponsi￿le for prcpaTill8 the Tntstees, A￿lla1 Report 2nd the finawial staiejnents iti awordaL¢e Ih appJithl¢ law aLd regulations aTLd bDit¢4 A¢countio8 Stsndar(k (Untted Kwgdom Genttalty Accepted A¢countiuEPrarti¢el. year w]Ji¢h giv¢ a iThe atsd fair view of the statE of affairs of th¢ ¢b￿lty aJMJ of the incoAnittg rnurces aLd appJiGation Ofrem￿￿5 of th¢ cIktity for tbatpcriod. InprewiDgthe5¢ a¢wullts. th¢ trustecs gre reqlli￿d to.. . sele¢t 5wtsble acmtiog poiici¢s a￿dthen applythem ¢ollsi5t¢lltiy, - observe th¢o￿thodS alldprincipl¢& inthe Chsrities SORP 2019 (FLS 102}. . mthiudgemetsts and accouthg estirnatrstbat are re&soDabl¢ andprnden¢ - sta¢¢ whether applicable ¥¢coullting stsndards have bets follow¢¢L subject to auy matrrAal depaTts]rr5 disclosed and expJaiu¢d inth¢ fiDancial ststtmcDts eoJtillue iti operntio Thr 1nstee8 are wousibIt for keeping proper accounttog r¢¢ords that di￿10$¢ vith r&won8bl¢ at any the fingnciaJ position of th¢ ¢harity 2nd eDable themto tbat thg accoullts co41lyw￿ththe eI￿ltieS AGt 2011. th¢ ChaT5W (Accounts and Reponsl R¢gulatioDs 2008 aud the ￿<>y1510￿5 of the deed They ￿¢ abo resptsDATr*le for safesuarding th¢ assets of the cbarity ￿ h¢￿e for ts&iDg reasotsable step5 for thepreventiots and deteotiottof fraud4nd other]￿¢￿￿11n(1t& ApwY¢dby orderof theboard 0fts￿￿eS on....... and sI￿d orLiLS behalf by. J awnpioll. Chairn￿ ofthe Trttst¢¢5 Pw7

REPORT OF THE ￿4DEPENDENT ADDITORS TO THL TRisfEES OF THE ODIHAM COI¥SOLIDATED CHAIUIIES OpinloJL W¢ h&ve audited the fj]hancial stat¢meth of Th¢ Othljath Con8oJidated Cbarities (the'¢harAtabl¢ compaDy) forthe yegr ell<kd 31 October 2024 wbi¢h comwise the Statemem of FillallCi2J Activiti¢5, th¢ Balall¢e Sh¢ct and notes to the financial statruKnts. itt¢luditig & sutLW of 5ignifieant accoimtin8 poli¢ies. Th¢ thjattcial reportjng fcrnk that has been appli¢(t in tberpreparation i& appbeable l¥ 2nd United KingdomAccowtsing Srandards (Uti1tedKingdo￿ Get￿llY A¢cept¢d AG¢ountinE Pxxctice). Enour opinionthe fiuaD¢Sa] statements: . Eive a true and faiI vivw of the tste of the cb3rttAbTe ¢os affairs as at 31 October 2024 and of its incthllingre50wces 2nd app]iLion of resowcc5. including its in¢o]ne attd cxp￿dit￿re, for theye8r th￿end¢¢. . have beenproperlyprep¥xed xll a¢cordanc¢with UnitfA Kingdom G¢n¢rallyAcceptedAc¢ouEtin8 Pra¢tsc< attd - h&ve been ptEpatgJ in ac¢ordaLce Mththc requiTe]neThts of the Ckniticsknt2011. ￿￿15 for opi¥ion We contht¢tedour audit in accordancewitb lnt¢rnati0n￿ StatslaTd5 on Auditiug (UK) OSAS IUK)) and applicable law. Our respottsthilittes uttder tknse standards att SthlL¢r desc￿ed itt the Auditors r¢5POll5iTrilities for the auth"t of th¢ fillaiJ¢ial staiemeats sectiOXLof DurryorL W¢ are indepelld¢nt of the thaTitsble coJ)w in ¥Gordance with the £thicaL requlTrllj￿ts tbat are rdewt to our audit of Ihe fjnattcial ststem¢nts in the UK includitig the Flic's Ethical Standar( attd w¢ knve fi￿filled otr Oth￿ ¢thicaL responsi￿lI1￿e$ IL a¢cOTd￿¢ these reqllwer￿ts. Wc be]ieve tbat the audit evid¢￿¢ w¢ h&ve obtatixed is wffi¢ient aTKi ￿pIOpriate to proTrryd¢ a b&8is for our Condu$lon5 relating to going conetrn We bave uothiDg to rcport in r¢5pect of thc followlljg t)Mtters in ￿tstiOn to which th¢ ISAS (UK) US to reportto youwhere.. . the trust¢¢5' use of the goin8 ¢onc¢rn b¥]5 of aGGountr)g its th¢ pr¢paTrtion of the fiwncial state￿￿￿¢8 is not - the trust¢¢s have not distlosed io tht fjll&Dcial statements xlly Ad￿lified lluterial uucettiinties that may ca ¥igDifi¢attt dDubt Abouttht charitable compaoy'8 abijityto wlltinue to adoptth¢ goitig concernbasi5 of a¢couuti for a period of at leasttweIv¢mollths ftomthe date when the fi￿￿￿]3] statements are athris¢d fot issue. Othtr DfortDation Tt¢ tr￿t￿¢S are respo￿sibl¢ for tht other iDfoTDUtion. The other iJ£omtion QOEDPTiSES the iDfouDation inclllded inthe atwu31 r¢por¢ otherthatsth¢ fillancAal st&tetDents and I￿Report of the tndependtntAuditortkn¢oTL exp]icitiy stal¢diD oufTepo¢ we do not CXPEess anyfortll of Gon¢lusioLthere¢)n. Ill ¢oDn¢¢tiO￿ with our of the f￿￿{&1 5tatemeLts, otr rwonsibility is to re4d the other itifonnation itt kttowlage obtiiDed th¢ audit or <Ahe£wtse app¢ar5 to be jj￿terIallY misstaÉe& ￿ we idcntify tLWterial incoDsisttllcie5 or apparent JjMter1￿ wisstatements. we are ttqLllred to d¢t¢xmin¢ whether tkere A$ * IllatBrial missratertmt in th¢ finaLciaL statETneDts or a Jnateri#l Jni5StthBlltof tht other xtifoll￿tiO￿ If, based on the work w¢ have performei w¢ conclude thatthere is a nmterial xuisstatement of thi5 other illfèrmati0￿ w¢ requaredto reportthat f8¢L WehtV¢ Dolkngto reportiu tkn"s r¢wd Matters on whi¢h Fe are required to reportby txtsptioD W¢ bavE nothing to report xtt respect of th¢ followitig matters vthere th¢ Chatities IAct¢mits and Rep(rt%l Reg￿lati¢ll$ 2(108 requires usto report￿ you if, io opinioJL -th¢ ¢haritabl¢ cowyhas uot kept adequat¢ aCco￿tillg records,. o . th¢ fiDan¢i81 stateJn¢nts notin agrezrnent￿th the 2ctouutingrer￿rdÈ 2￿d rtts]rn5" or . weh*ve t￿tr¢¢t￿y¢d all the ithrthation and exp]aUatlo￿ we requre fori)w audiL Fage 8

REPORT OF THE INDEPENDKbry AtiDfTORS TO TRUSTEES OY Reyponsfibllities of thÈtrustÈes As explaill¢d tllote fully ID the StatsLnrnt of Tnjstees, Respo￿1?1]]tt¢￿ the truste¢s 8te also the di￿¢t0[S of thc charitable for the puryoses of conJparLy IAW) are responsible for the prep￿tiOn of the fijjatici stÈtEments and for beiDg satisfied dMt they Bive a tu¢ amd fair vieF. and for 5uGh ithernal control as the trustees ¥dtth¢rduefO fraud Or￿[or. tll preping the fiJx)ciAI 8tstemeLts. th¢ trustees are responble for asse58?ng the ¢lwitable compa0￿5 abi]ity to contiaue as a goiug di5¢1ossttg. as applicable, mttteT5 related to goiDg cojrn 4lld the go>ing concern b&8is of t￿O￿till￿g udc5s th¢ trostees eith¢r intend to liqllidatc thc cbaritsble cotJpauy or lo cca%e operatio]4 orlLaveno reaJi#i¢ #ltcnjativcbutto do 80. Athr's re5ponthllitie5 for the udit of the fmantial statemej Wc havebcen appoiut¢d as alloit￿ Section 144 of the ChaTiti¢s Act2011 r¢port in accOrd￿t￿1th the Act attdIelevantregulations mad¢ orh*v]￿ cffe4t therellttder. Our objectives are th obtain rvdsonable &%suTrnc¢ aboutwheth¢r the £1￿)C1￿ mt¢m¢Dts &$ a whole are fr# from ]ywtaial ￿l&sta￿Denl whetber to fraud or eror. and to issue a Report of the tlldep¢lldent A￿ditOrS that incl￿$ our opillion. ReLsoD8ble assur&￿¢ is a high level of assuratt¢e, but is llot * 8IX8ratr that audit onducted iti accordance ISAS (UK) will olways detect a Jtiat¢rial mi&8tatBmelltwh¢n it exists. MisstateD￿nts L ￿lse from ftaud or error alld aTe cO￿ldered J)Jat¢tiaJ <1tie$. ltycl￿]]￿ fraud is dctadedbelovr. W¢ obtsitted au underthg of th legal attd regulatory that are applicabl¢ to the entity aDd detemTued th¢ most sistiificant are thosc that r¢lal¢ to FRS102 Seetiou IAS p¢￿$10￿ laws and regulations and re8ulation& to acco￿ts attdpa)Toll serri¢es', 8n¥lyticai pio¢cdures wete ￿edt0 identifyxftkn¢r¢ v/¢re anyUL￿$￿al orUnexpthdr¢l￿i0ll8knVs; Based on th¢ results of our iisk asse&sllrnt wc dc5igned ow audit procedL]re5 to identsfy now1￿0￿0]lance with suchlaws aLKi r¢gulatt"ons identified above. tr£ rvview of Tru5t¢¢ minutes and othu papas providE& There w4$ llo ¢ontradiaory ¢videntt. We coLsideTedthe risk of fraud througb Tttanagement oYeEtide rewnse, we t¢stillg oftDanuai jOWDal eJJtri¢5 into ow tudit appToaclL We te5t¢dy¢ar end jou]lla]s a5 well ￿ journal 6ntries thmugboutthe year. There wer¢LO ttaDsaGtious id¢ntified Olltside theJ]ormal COUT￿ ofbusine&s. B&%ed on tbE results of our iisk a55¢&8ment we desigucd our audit procedutts to idetEtify and to adthes5 Djateri JiS5tat¢mellts in relation to fraud We illwrporated att el¢DKnt of ullpredictsbility ill the seleciion of the tsature. soutC¢ IDfornMtio A fjjrtber (kscnptti)n of our reSpo￿bilIti¢5 for the t￿11 of the finatt¢ial $tatBments is locatrd oa th¢ FinallCi31 R¢portinE Ctruncil'5 w¢bsite at www.frc.or8.Wauditor8responsibiJitrs. Thss desaiption fonns part of Report ofthc Awlitots. Pag¢ 9

REPORT OF THE JfiDEPEF4DENT AiTDrroBS TO TRUSTEES OF TEE OD]HAM CONSOLIDATED CHAIUTIES Because of the inberffjt ]imitstions of an audii there is a xisk that we wAll I￿1 d¢t¢¢¢ all i*p4 in¢luthg those leading to & njaterial misststeznent in the fjn8n¢t￿ statefflcllts or Don-cotsip]iaJ)¢e with tegulatioL This iisk inctekst5 the rv)re that ¢ompJiaur¢ with a law or regulation 5$ rejnoved from the events aDd trgjjswiens reflected in the fit￿￿1&1 statetyems. as we will be legs JikBly to b￿Oll￿ aware of iDStances of non-conJp]iallce. The risk is conc£aiD)ell¢ forgery. collLs1o￿ owi5sion ormlsrepre￿. Use of D￿rrepOrt This r¢portis n￿de Éolely to the challtys tsTstee4 as a body, in aG￿rda￿e part4 of the Cknities {Ac¢oitllts and Reports) Re￿￿tiOnS 2008. ChJtauditworkha% been uudertkn so that wemigbt statt ID the cbarity's In￿etS thos¢ matters we are tequiredto tste to thcm ia att audityr's report and forno otherpwpo$¢. To the fojltst extent pellllitted by laF, we do not accept or&%sume resPO￿￿1]ity to otts¢r the cbarity 8x¥I th8ritrf8 In as a body, forout auditwork for this r¢poffj orforthe opinionsME have f01n￿d. AJ & Co. Upper GroundFloor 18 Farnh￿] Road GuiMford Surtey GUI 4XA Date: .£3...... ........ ......Lo.ss............ Eli￿let0 aLau&toritsterns of S¢¢tion 1212 of the Compatiies A# 2006 Page 10

sTATEL￿ENT OF F￿ANCIAL AC]IvmEs FOR YYAREF4DED 31 OCTOBER2024 2024 2023 As ￿e$￿ta Total fijllds UJArestriet¢d Totsi INCOME FROM 9150 l7,773 176.353 168284 Charstsble actiwties 209506 194,183 209506 194.183 TotAI 403,689 9JS0 413,039 361410 Raisittg fuuds CkLarltAbk adivities c￿lIabl¢ adivities J3J77 13077 61.178 280555 48,506 60,678 280A55 48AQ6 74.Q28 1,857,708 49.996 74,08Q lJa50 403,116 13J50 41&466 1042,962 N¢tinc¢M￿{eXpendit￿re} andnet]nov in fiLds b¢for¢ 8aiDs and losses on (4000) (3,427) (1,680,552) Nd ga￿￿O08Ses) oLtttvestments 447,533 447533 8.450 NET L¥COMFJO)EFlCfD 448,106 (4,IM)O) 44<106 (1.671102} RECONCILL4TION OT FufqDS BalxlltÈbrollght forsvArd 8103 987 5,Il•J60 6,782.662 Bglajjce earriedfoY*ard 5A5LIJ93 73 5054,666 5.110.560 Pagell

ODIHAM CONSOLIDATED CEARMES BAWCE SHEET AS AT 31 OCTOBER 2124 2024 2023 Total Totsl Not¢s Tawble assets Invéstments li 1,027990 1.027990 I,Q27,990 12 13 2J6A489 750,000 47N479 U6W9 750,000 4.74£479 1663.755 025.000 4,316.745 Debtors Cath atb¥llk4nd on hand 15 $3.903 805.135 53,903 807.708 38,956 827,873 2A73 859,1138 4573 861.611 866.829 Amollllts falling duc WAthin onc year {￿￿24) 151,424) {73.014) NET C￿￿￿T ASSETS 807.614 ¥73 810,187 793,815 r4ET ASSETS 5552J193 2.573 5A54,666 5,110.560 17 A]m5hous¢ Re]lef kn Need FuDd 3.783A81 Iffi74.090 94.422 2.573 3.473,775 1,547,424 81788 6,573 TwoFold TrustFund TOTALFU14DS 5554.666 5.110.560 Th¢ fjnallcial sr2temettts￿re approvedbythe BDard ofTnJstees attd autknris¢dforis8ue on... ... pndwere its bQh￿fby'. Page 12

ODIWI CONSOLfDATED c￿4Rrr￿S r40TES TO FINANCIAL STAITMEMS FOR 1WÉ YEAREf4DED 31 0￿0￿ER2024 I. ACCOIJF4TING POLIC]ES Basis of preparillgthe financial StateD￿ts Th¢ Odiham CoJJso]idated Cbarilies xs a ¢haTity ¢ompr]Bi￿ seventeen thilies ¢onso]idated by the Charity CotiJtiwsionaE S¢h¢me 1993. The Address of the tewtered L5 The Stable4 23b Lent¢n Streti Alto￿ Flan¥)shire, GU34 IHG. Th¢ nabjre of the charity's operations aud principal activities aTC thcprovi8ion ofA]m5bowe5 alld reliefiti yA¢¢ditL the of Odllwtt 2$ tQDStithted in 1931. The dwity Coll￿1t￿ a pubIic benefit cLtity defined by FRS 102. The fjnallcial 5taternents bave beffj ￿pared in accwdance with A¢countingand RcpDrtill8by Ch•iies: Stattm¢ut of Rc¢o]Jynvndcd Pr8¢ti¢e applicable to ¢knities preparxtig their aeeovnts ill ac¢otdallce Nvith the Financial ReportiDg Siandard applicable IJJ the UK and R¢pub]ic of Jrelattd issued in O¢tober 2019. the Fi￿￿la1 R¢portitig Stalldard appJic8ble in the ULid Kingdom and Republic of Irelgnd (ns 102). th¢ Chariti¢5 Art20RI andUK Geuedly Accepted A¢¢ouDtiLg Ptactice. Thc fingjciai State￿ents have been prep￿￿ to give a a￿1 fgir. vRew and have dwted from the Chaxxties {A￿ounts ath4 Repo￿) RBgUlatio￿$ 2008 only to the oxtellt r4Uited to provlde a'ttuc attd fair Mev. This departure iovolv¢d followins tbe Accounting gDd RepokttiE by Chti37ts¢s: State]u¢tst of Re¢0￿)[Dended P￿tice 2pp]icable to charitics prepaTiD8 their accDunts in a¢cordall¢e viith the Ftllaticiai Rep)ttsug Slandard app]icable ittthe i)K and R¢pub]x¢ of Ireland issued iu OGtob¢r 2019 rath￿ thall the AccouutiDg gjxd Reporttu¥ by Cbariti¢s'. Statefftl￿ of Rec(>rom¢ndd Pra¢ti¢e ¢ff¢Gtiv¢ froin l April 2005 whiL hLs sinee been withdrawfy The financid 5tateLMts are prepued ory a gomg concern basis Tmder the histori￿1 cost tonveLtio modified to include cerixin iten)s ai fair value. The fiD￿claI stat¢m¢tts gxe presented iti sterling wbich The Signthcant accottntinE poIicic5 appjicd ill the prepardtion of these fjuan¢iaE ststeJnerAts ar¢ sct out below. Th¢s¢ policies have been cotisisappJiedto allyearsprnt¢dwl¢s8 OtbeTvrise stated. Slgnifvut ¢sti￿ateS and judgements The charity is requirel applJryD8 its aceoutikng policie4 to make certtits JEWJg￿1¢￿É estIn￿e8 aud assoGiat¢d a￿%￿MptiOnS ielatillg to a5s¢ts. liabi]ities. iti¢4)me, and weThth"thre. jud¥¢ffj¢Dts, estimatcs and &s8ociatcd assw0￿ are based on kn¢)rnkL¢p¢ of cuts¢nt facts and ciTcurD3tances. assumptions ¢oncerDiTh8 past events and foreA8ts of ftstLsre ¢v¢nts atld actio]￿ Acbjal re8uIts m*y differ frotn the esiimatu stated foT tkn proviSiODS relating to propety thlapidatiow the ￿tfi ecoDOmi¢ lives of the ta￿1￿1e L%tts. ILvestrnextincDme Investment income is for OL a r¢ceivable b&%is (this wvers intew divida¥Js and frDtnitsvesttne4Jtpropertses}. Donations and grattts Incom¢ fronk dotstiolls and illcluthg MPitaL grauts, is inci￿led itt ittoJJJiD8 rcsources thege are rx¢ivabl¢, except as follows..

When do]￿rg SPEcify thatdonatioas aLd gtaLts giv¢u tt* th¢ charity Ill￿%tbe accoulltillg p¢riods, the income is deferreduntii th05eperiod%. When d¢JJors iJllpos¢ ¢oDdstioL8 hav¢ to bc fvlfilledbefote the chaTity becomes entitl￿ to 5u¢h inconTr. the 15 d¢far¢d and not ittclllded iA itt¢oming r&sout¢&s uJJtii th¢ pr¢-wndition8 forusethave beenmet. PWPO8e4 whioh do not a￿￿ullI to prfrcollditions re88rthng eutitl¢xtL¢nl this tllCOTne is itidud¢d irA i￿ornI￿gr¢S0Vr¢ts of restiicted firAd5Btenreceivable. Page 13

TrE ODIHAM CONSOLIDATED C￿￿RITIEs NOTES TO FINANCW STAITMENTh. cof411NUED FOR YEARENDED 31 OCTOBKR 2024 Itstattgible %ll¢ome, wkich CODJPfiSCS dtsDat£d serrice4 i% inclodcd ID incomE at a vabjatiott wkni¢h is estiroth of th¢ fiuan¢ial eost bom¢ bythe donorwh¢r¢ such a ¢05L is quaAtsthle aDd measurable. No in¢oItiE 15 reco8Dised wh0th￿t is no financial cost boKJK bya thirdpty. terest r￿ely￿ble tnkr¢5t 15 included whenT¢c¢ivable bythe ch8rity. RestsuTW eweuded LIab￿ltieS are Tewgihi5ed as &wditure as 8oou as there As a legal or ￿T￿trUCtIVe (>bJigatiotk cuullDilting the charity to that ¢Xpetidlb￿e, it is probable th4t 5¢ttleD￿ttt WAll b¢ r¢wd and the amovntof thc Db]igation beme&s￿ar¢IlabIy. kesowces exp¢ud¢d are iJcluded io th¢ stateEt￿llt of FiD2ncial Activities on ￿ a¢¢nJals basis. inclusive of any VAT Ththi¢h ¢aTWt be￿covere Certsin expenditure is dittttly attnlDtable tLI specifi¢ a¢uviti¢s and h&8 beets i￿luded in those cost categoziEs. Certain othEr costs, wkn"¢h uc tributable to nwre thau on¢ a¢tivxty, are apportioned a¢tQSS e05tcakwi¢s on thB b257s of an estijnate of the proporttott ofiim¢ spent by on those a¢tiTritie& Tan￿ble fjx¢d #5sets Th¢ properries. which are ]isted buildi￿ Itgarded a5 in4li¢nabk al￿ the Th]stees considex th¢r¢ is no vahution rttetknd tb ts appropriate QT r¢l¢vant FRS 101 Th¢ hJstoTi¢ cost attrjbuted to the propetyis b¢li¢v¢d to represetsthistori¢ smprovemEuts to the Almshouses. Th¢ Tn￿e8 aTe oftbE opillion that in the abs¢ts¢¢ of an unasGCrtainabl¢ mrtet value fb8t the propery shoukl b¢ st8t¢d at hiEtoric cost. The buiJdings have a v¢ry long llgeht Jife and both dewxi8t%oll ¥md 2ccuthulat&l depreGia¢ion arc ttotconsidere(tmaterial. The buildinES V￿re valucd at 30 Juue 2022 for ]J￿ratiCe PUT[￿¢5 L athild cost of £4.845246. It 18 th¢ Cb8rity's practice to maiDtsiL this aF5¢t in a continual t¢ 0£ soulld repair and to tt)akc iD)provcmeLts as approwi* atsd acCord￿lY the TnJst¢¢s wnsidw that the vth is not by the pa￿se of lime. vcstnxetsts a forn? of basxc fmancial iDStn￿￿t 3]rf are iD&tiaity re￿loiSed at their tr82ksactton val￿t and subsequentty If￿as￿ at their f3iT value as at the b￿all¢t 3heet dat¢ using the closÈtig quotsd rttark¢t pric¢. The statement of fL￿n¢181 aefivxties illcludes the net aLd le￿¢$ aTi5iDg on I¢valuation and dxsposlls througknutth¢yrar. Thc Charity does not acquireput Optio￿ d¢rivative8 or other conwlex fill4￿i￿1 in5tiunwtts. Tr rnain form of hancial risk Faced by the ch8Tiry is that of volattlity iu cquity JnaTkets armj ittvesttryqts watk¢ts due trj wider ¢Gonornic conditions, the attityjde of illv¢stors to investtwtiis¥ attd in sentirtient CQD¢aDing equiti<s and withiLpa￿llIa￿SCGt0rS OT sub £ectoTh. When possibl4 th¢ iDvestmeKrtpropety are measltsred at f4ir valu¢ at each rwrbng date with Ehang in fyir Value reeogDised inDet g3illsIOos8ts10fj 1llV¢5t￿￿nts inthe wtrmellt of fjnattcial athitie5. tn a¢cordauc¢ ￿th Clmzities SORP 2019 (FRS 102), a reliable rneasur¢￿ of fait Value is not avaiIable the invesiment wopety is held at tts ¢atr3ryDg the ]& d&tt the &%get Wds r¢]iably Cutrcllt wets iJKlude short twm bigMy ]xquid illvestroents attd at¢ at fair vakn& Th¢sc in¢ltwle ¢a5hon dq)osit and cash ¢quivalent with matiuity of less than l year. TgxalioD The Odibam CoLsolid&trd Cknities is an exewpt charity within the ElleaniL8 of 5Gb¢dule 3 of the Cbarities Act 2011 and it ts Gfj])5idered to pass the tests sct out m Paragraph I S¢hedul¢ 6 Finance Act 2010 aDd thetefott xt meets the de￿ItiOn of a cknitable cojryally forUK ED￿o￿tIon￿YP￿pOs¢5. Pkge 14

THE ODIHAM C014SOLI1IAT￿ CHARITIXS NOTES TO TEE FINANCIAL STAT£MEN13. CONTINUED FOR THE YEAR ENDED 31 OCIOBER 2024 Rentsjs payable slld r￿giVable under opcratillg le&s¢s arc ¢harEed to tb¢ st￿ell￿t of Fioallcial Actiyities as incwred evettb¢ t¢rn) of the leLs¢. allchl iustruments Debtors and crcditors receivable or payabl¢ witb]n one year of the repottillg dat¢ are carried at their tiuus*ioDprice. Sknuld any 105se8 bc incurred as arestslt of impaIrn￿ll thesewouid IK imm¢¢Jiat¢ly Tecogtti8ed ¥ IAlJ¢rop¢ratillg expeDges ill the Statement of FJnaJ¢ial Adiviti¢s. Fnnd accounthg of the g¢J¢ral objectiv¢é of the chatity and which bavc not IKen desigttat&l fot oth putyo$¢s. UDr&8tri¢ted futNJs include a tevaluaiton rcserve representing the restatewent ofinvestme assets al￿£￿¥￿ut$. Restricted fjjryds subjecttyjts restrictions ott their ¢xp¢nditUTe ilwed by tts¢ dollur orwbich have be¢nrai8ed bythe ¢harity for P￿[GU1a[ purposes. The cost of raisiLg ajjd admill￿ai￿g such are ¢hatged a￿stth¢ specifi¢ fuDd. Re4]Bed g¥ins atta lo¥es AJI gains and 10&8es are takeTLto the State￿¢ of FITr￿¢1￿ Acttvitses 4s th¢y ￿lSe. Re3Ji5edgaiJJ5 and losses inV¢StJn¢nts are calculated as the diffe[￿& b¢tw¢en sales proceeds and their opeDiDg caTry￿Ig value or their PUTchasc vaIue if acqkn￿ed 5obsequellt to th¢ first d&y of the finaD¢ial ye8S. Unrcalised 8aiDs aThd losses are ￿1¢y18t¢d as the diffErEllCe bctweett the fair v3]u¢ at the Year-er￿ aT¥I their caxryryng value. Reaiised ￿￿¢4115¢d llLvtt4tt[￿L gai)Js •nd lossts wmbintd in th¢ Ststcment ofFinan¢ial A¢tivitics. Pettsion5 Th¢ charity operates a defjneLt ¢oJthl>utiDD P¢nSiOtt Schertte. Thc ass¢(s of the 5chera¢ are held separately from those of the ¢haThty in an indepeJjd¢￿IY adiDiDistered The ptssion cost cb2rge r¢pre5euts COtitsibution8payablc bythe charityto the fmdaud ?￿o￿￿ted tyNtL12023: £142). 2024 2023 163JOO 45.61J6 209506 138,640 Property incotne 176J53 3. INvEsTMETr￿ fNCOb 2024 2023 72.990 84253 175 30.190 194.183 73207 78371 3.424 11682 168284 Dividend8 DepositaxouDtiDtcrcst Liquidity fundporrfolso ititer% Page IS

B ODIHAM CONSOLIDATED c￿$￿￿Es FOR THE YL*REf4DED 31 ocTOB￿R2D24 STNC F￿5 2024 2023 asrestst>l Brokers costs Propeny agent fKs 7837 4ffj80 1260 13J77 6.467 6,360 48.351 61.178 CHARllABLE AcfIviTIES COSTS 2024 2023 ward¢￿ sa18rie8 peo5ion 31,643 32,314 737 7,424 (314) 1502 4.0 180.318 5,975 4,830 808 16,402 29,016 45,064 49.996 1597.682 8,QlS 24,728 1975 5,117 17£667 7.170 3,238 8n 19286 1(028 5&000 48.506 Lxgbi attd heat Telephene Repairs and refiJrbis]Jtrnts topropety Agent ftts Carelme costs Gifts (as stated illllote 9) GTauts aDd dollatiolls {¥ stst¢d innote 9) GOvern￿e ￿$ts l¥s ststed in Dots 61 Revaluations topropery18eB uot¢ 20} 403,089 1981,784 Relief iti Extraordillary Need R¢p&irs Charitsble a ]ita8 warde￿ sa]aries aod pellsion 23.444 ,199 13,328 47.350 12.568 Gvvernance costs (hhercharitable activiti¢$ 35,938 248,912 3Q8.294 81,445 TwoFold Trust Henry Snxth Totals 31,643 13J28 60.700 48506 Grants atsd donations Governancc tosts 4,000 9J50 4.000 9350 403,089 Page 16

ODIHAM CONSOLIDATED CHARtriEs FOR THE ITARENDED 31 OCTOBER 2024 GOVERNANCE COSTS 2024 2023 CI¢Tksrnouieratii)n Auditfee5 I￿￿￿ ondpEOfe&$A￿aI f¢¢s BaDkcbargeE attd inter¢st 39,02 5,4011 3,060 1,026 48J06 39.340 4215 1,041 49,996 Rdiefio Need Ch￿lf#ble acliwties jit Totals ClerksTemuneration Auditfees l andprofessio]hal f¢¢5 charges aLd interest 28.910 4.001 2267 760 io,iio 1,399 793 266 39.020 3.0011 1,026 48￿06 35.938 12J68 7. Al]D￿OR's REMITrTrRATION The auditols re[nUn￿On COn5tiDJtcd ￿ audit fee of ￿,40012023. £5,4(KI) 8. TRIJSTEES, REMUNERATION AND BENEFITS Thet¢ w¢r¢ tr￿¥1¢¢3, reMun￿on or otherbenefits for th¢ year ended 31 October 2024 Yu)r foi th¢ ye8rellded 31 OGtob¢r2023. Trustees, e4>th$es There W¢￿ no InL8tets' exp￿tS paid for the y￿r eod¢d 31 OGtDber 2024 nor for the ycar cnded 31 October2023. 9. CRANTS AM) DONA]IONS The foliowfttt%8r4uts and donatioLs wetetrAth duringtht y￿[ to 31 Octob¢r'. 2024 2D23 Educatiottalld 49,0(N) 9.OlJll 36,900 8,163 15,925 J3,092 74,080 33IMI 74.028 Page 17

THE ODIHAM c0fisoL￿ATED cHA￿lII￿9 NOTES TO THE FTr4ANCtAL STATEMENTS. cof4TINU FOR YEARENDED 31 OCTOBER2024 10. STATW COSTS 2024 2023 Wages artd saiaTi¢5 Pensiott contributions 30243 32,172 142 31.643 32,314 The 8v¢rag¢nM)nthlyttusnb¢r of emp1try￿ duting theye8r vrds as follows: 2024 2023 Eull4ime 11. TANGIBLE FIXED ASSETS Freellold Property cosr At I Nov¢mber2023 and31 O¢tobtt 2024 [￿ restated) ET BOOKVALtrE At31 October 2024 LI27g9D At 31 October2023 (as r¢5thd) 1.027.990 All assets in¢knd¢d inlbetawTrle fixed asscts artthB A]msbauses in use forthe Clarity. Ail of the ptopgrties Ol￿ed bythe CbaTity aT¢ nowheld bythe Official Custodian of Chartts¢s. 12. FIXED ASSET INVESTMEf4TS Listed Un]isted Totsls At l Nov¢mi%r2023 2,663,755 290,834 (310,500) 322.400 I,￿0,489 2.663.755 290J34 (310500) 322,4 Dispo5a15 N¢tg8]DsIOosscs} oninve51m¢Thts 31 October 2024 U66089 rqET BOOKVALUE At 31 O¢tob¢r2024 2J6(489 2.96A489 At 31 Cthber2023 1663,755 2.663,755 Py18

THE ODJHAM CONSOLIDATED CHIBIIIE$ NOTES TO TKE Fif4ANCIAL STATEMENTS. CONfiN17ED FOR YL¥R EE4DED 31 OCTOBER 2024 IL FtKED ASSET INvESTME￿IS. ¢ontillued There wtr¢ llo iThve5thmta4ets OT]tside the U AJI are carried at theirfllir valu¢. Investrttetttin equiti¢s audfi¥¢d in¢¢rest securities ar¢ all traded in quoted public llL4rkets, primarily th¢ London Stsck Exchange. Hold&Dgs in ¢onJm inV&4tre￿t fimds, ￿)it In￿ Ld ope￿d￿ irlvesEt￿ctst ¢oll¥aDies are at the bid pri¢e. The b&sis of fair value for quotrditivesbnents is equivaltnt to the Tnrtetvalue, th¢ bid pric& A<t sales aLd purchases of¢Te¢ogDiged atth¢ dat¢ oftade at cost {thatis th¢irtrausactioJ) value). The maitt riskto th¢ charity fi[￿ncIal Jies in th¢ c4)Mbl￿tioll of unCerts￿l￿v¢sttllej Lllarketq and volarf]ity iti yiel(t The Tntst ￿anage$ these investoxent Ti5ks by retaijjittg expert advAsors atsd op¢ratill8 all inv￿eLtpolitty th3tproiide8 for ahigh dew of div￿gIficatiOn ofholdmgs V￿thi investtllutt ￿et class¢s tkntare quoted on a t￿0g￿"sedsto¢k exchallge. Th¢ followiDg illvc5tsllents are over5Y• of thEPOrtfohobyvaLue.' - SaDSiTAEn(lOwtt￿tFUt￿I cla￿ A rNc- Markntvd]u¢ £1,225.544 (2023.. £1.(V4.543) - S2rasirL GrovthFulld-A Nc-market vaiue£538,16912023.. £463,023) tncluded iu shar¢5 ¥nd secwities are £JOI683 12023: £145,622) f￿dI￿tereSts¢cUrits2￿. FAIRVALUE At l Novaub¢r2023 (as resrated) 625,th1 125,QOO 75Q.000 At 31 October 2024 r4ZT BOOK VALUE At 31 October2024 750.000 At 31 October2023 (as re￿at¢d} 625,000 The freehold prnpety at 1691172 High Street WLtrh¢st¢r wa5 vthttd at fair value of £750.000 {¢ost". £440.000} by Curthod & Co. Cbanered SuTv¢yors during the yeat to 31 O¢tob¢r 2024. This T¢pf¢5¢nts attdwTrJsft of £125.0￿} diwthcyeaT. Alj of the pr4)erties by the a)arity atettowknld bythe official Custo(th of Charities. Page 19

FOR YEAR Ef4DED 31 ocfoBER 2024 14. OPERATINGLEhSE The fable sets ouLamatwity ¥aBlysis of le&sepLyJMts to be recetved afterthe end" 2024 2023 Within one y¢ar Berten one andtwo yea Be￿ rwo aud y¢ars Afterftve yea 84,707 55350 Ilfy745 29,41 286.212 76.534 55,350 134.045 67.460 333.389 15. DEBTORS: AMOUNfs FAlL￿4G DiIEIIITEIN YEAIi 2024 2023 R¢otal d¢btors 22J86 2Q417 4JOO 53903 11517 21,939 4.500 38,956 LoaDS Inchd¢d within debtors is a lo￿ tDade tti an eldedy residellt ill Odkn in January 2W23. The loan i5 repayable upou th¢iT de￿ and a¢¢n￿ ititere$t daily at ititete$t rate d¢t￿Ill¢￿ by the RPI All Items IndeL I& CRED￿oR$. AM01Tr4TS FALLThGDtIE wrrlliN ONE YEAR 2114 2023 Othtrcredito 2013 4,823 1768 54,281 11,142 73,014 35,082 &675 51.424 17. MOvEMEr￿ IN Fuf4DS Net At 1.1123 mDYtWEnt' resttsd TTawfer5 At31.1024 ¥73,775 1447324 82.788 5,103387 3Q9,806 126,666 11.634 448.106 3,783581 1,674,090 94,422 5J52,093 Rdiefln N¢¢d ExtraordillaryRepa?r Fund Restrktodfunds TwoFoldThJst Fulld HemySmithFuttd 573 14.QOO) 573 14.000) 2J73 TOTAL Fuf4DS 5 110 5611 Page20

E ODIWI CONSOLfDATED CAAJiTIIES 140TES TO THE FJTrIANCIAL STAT£MENfs. COl4TDIU FOR THE YEAR ENDED 31 OCTOBER 2024 17. MOVEMENrJr4 FUNDS. Coll￿￿¢d R¢soDrees ejytthded lossés Utre5tri¢ttd funds 343.093 6V96 1317.953) (88163) 284666 151.233 11.634 447533 309.806 12Q666 11.634 448,106 Rejief Jn Need 4P3.689 {WJ,116) TwoFold Tn&FuDd knith Fulld (4vo•) 9,3511 {13JSQI (4MIO) 50 9a50 (4,IMJO} TOTAL FUNDS 413.039 (416,466) 447.533 444,106 Comparthkves formoveDMtill fat￿ (as ￿Stated).' N¢t Ail.11.22 At 31.10.23 Unrestricted fv 5,063,759 1,577,043 141,860 6.782,662 {1,049.984) (29,619) 928 ,000 3,473.775 1,547.424 82,788 5,103,987 Re]ief In Ne (60.000 (1,678,675) TwoFold TrEL￿tF￿lld Hetsry s￿ithFU[1d 6,573 6.573 6.573 6,573 TOTAL Ftlf4DS 6.782,662 (1.671102) 5,1 10,560 NetnwveAnent in fiJnd4 included ID the above gre ts follow: expeTrded losses Unrestritted fullds AID)sbouse Relief SnNced 308298 47.539 (356,361) (88,919) 11,601.921) 11,761 928 (1.649984) 129,619) 928 355.837 1445,280) (1,589232) 11.678,675) RE5trActed fDnds TwoFo]dTrustFund HeDrySmithFwd 6,573 11,200 17,773 6,573 (112QO (11,200) 6.573 373.61Q (456,480) {1.589232) (1,672,102) Page 21

THE ODIHAM CONSOLIDATED CHARITIES r40r£s TO THE FllNANC￿L STATETr￿ENTs. CONTIN FOR TEE YXAR ENDED 31 OCTOBER 2024 l& ExfBAORDINARY BIPAIRFuf4D Tbe tNstees tllxintsill aTes¢rve W entitled ExtraordiwRepait forthe purpose ofpromthg Branch ina¢wTdanc¢ with the 1993 Tn￿t De¢& During 2023, & ttallsfer of £60,(KJO was ￿llde fton the fjjnd to thE AJnvhO￿eS fund to cover the 2024 2023 Bala￿e brougbt forward 81788 11.634 141.860 928 60.( 82.788 94422 19. RESTiucThfJ Fuf4DS The 1n￿etS creed & resttiCt¢dfim¢ entitipA TwoFold Tr￿t Dwillg the year ended 31 October 2023, a oonation was retÈiv¢d on thc np of the TwoFold Ttust Charity. This dollatioD is rtstri¢te4 to ¢w￿dIt￿r¢ on ber￿fjthtig the eldcrly I￿ the Odihan are& Dwing the year £4,IKIO12o￿.. ¢ives a doxation from The Hellry knith Cknity. This donation is rcstri¢trd to expe[￿l￿re oll b¢tfittiDg ¢th￿atiO￿ in the Odiharn are& Every year, th¢ C￿lty p&sses this dOllati￿ iti outo schoo]s in Odiban 20. FXIORPERtOD ADJUSTMENr The CS)arity invest¢din low costhtsusing througban a￿et￿rut￿l& a developerxti 20WI3. Thc book Vab￿ and costtbett w¥ £658 J18. Wh¢u th¢ properues were t4Lt4)Ictcd and triy for l¢tii¥ they were frff¢￿a at truly affordable teThts key Work￿ aud young¢r adults coDne¢t¢d to th¢ At¢a of Benefit. This was iutethd to ￿ab￿ ctaqsm appJicaDts to live ¢105e to ther jobsattd faD)Alxts illthc area of bellBfiL Th¢￿arketvahY of these piopctties has iti¢[tas￿l sigDifiGantiy ¥tsl any upjitthas preTriousty l)¢¢ll account￿ fotthrough the SOFA ullreali5edgains. Tr totsl aCC￿￿￿[sIe6 uplift to 31 O¢Tob¢r 2023 is £1.597.682.The dekn"t to thr SOFA for thew eMd¢d 31 October2023 Wds £16.000. The tDJStets h&ve refiected Im their position re8&ding tbEse properties, condudiDg that the ho￿ fvjfil th¢ ¢haEitable retijit of OCC'S Aikn Brauchby provLdiDE trdy ¥ffordable re]tted housingto reLieve t contsnuiug need iti the ateA of benefit Co]JsequeDty. OCC bas no ititsntion of ￿er rtsjising apy gain on thettL DefinitiODS of affoiijdblc a￿1 Iow-COSt acCorts￿OdatiOll rvolv¢ continuouty and OCC has trauslatcd its cbsritable £oats iDto a policy of lettiDg properties at fruty affordable (Son￿j]￿ calledsociaD r¢llts. The trustees therefore be]ieve Ét co￿¢¢1 to restate the a£sets ba¢kto theit on ¢osL in lille th¢ Properties to Fteehold Prop¢rtiG% within Tangibl¢ Fixed Assets. Hence aPTior y¢ar adJusthKnt h&%beenJJwle to restate th¢value of theILvesttu¢tttpropty tsl of th¢ Page 22

IVE ODIWI CONSOLiDAlfD C&4RiTIES NOTES TO IEE FINAf4CIAL STATEMENTS. cof4TINUED OR THE YEAXXThDED 31 OCTOBKR 2024 21. ANALYStS OF NET ASSETS BET￿￿EN FUE4DS Net eurrent Tangible Invtstthents {￿b￿lties) Tota] Uwestrirted fllnds 1,027990 220J51 IAOI.816 401.072 4•6￿42 3.649J13 1408J58 Rli¢flo Need De5igJL¥ted funds ExtraordinaryRepairFund 9U22 94A22 TwoFold Tojst Fw 2573 5¥4h66 TOTAL FUF4DS 1,027,990 3,716.48g+ 810.187 ComparatiTru foratkiysis of netassets bet￿ll fiull15 (a5 re8tadl.' Nctcu Tang￿1 le Otabilities) Totsl fjjnd U1￿¢StrI¢￿d l￿d$ 1.027.990 1.885.484 1260.483 560JOI 286,941 3,473,775 1.547.424 RBlief YxNeed Designated funds 142,788 {60.0(M)) 82,788 TwvFold Tn]5t Fund 6.573 793.815 6.573 5.110 60 1,027,990 3 288 755 22. RELATED PARTYDISCLOStJRI3 During th¢ y¢ar, th¢ Charity wived illcome xud expenses in r¢i#tion to the OdihauL Eth]catioJ)al Charity. a r¢gi5t¢rcd cjjatity with comTt)on At tb¢ y¢ar-¢n4 tbe atlloutti i)wed to the Od]Jwn Edu&*ionChatityvras £4.854 (2023: £2,768}. Thi5 amoulltis iticllld¢d vjithin creditors. Page 23