Charty reglstratlon number 258516
THE OAKMOOR TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

THE OAKMOOR TRUST
CONTENTS
Legal and admiThstrabve infomats.on
Trustees, reph)rt
Independent examiner's feFL)rt
Statern8nt of financial acb'viti88
Statement of financial p)$￿'0n
Ststernenl of cash flows
Notes to the accounts
10-16
Schedule of investments
17-20

THE OAKMOOR TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
R*hbones Trust ComFony Limited
Mr P M H Andreae
Mrs R J Andreae
Charity number
258516
Registered offi¢e
30 Gresharn Stre8t
Lonthsn
EC2V 7QN
Independent examlner
PerrysAutht ￿rnited
Church¢J)wn Chamber#
Bor¢*ke
Tontndge
Kent
TN9 1NR
Sollcltors
Currey & Co
33 Quèen Anne Stre
London
W1G 9HY
Investment advisors
RathtK)nes Investment Management Limrted
30 Gresham Street
Londor
EC2V 7QN

THE OAKMOOR TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees wesent th*r report and accounts for the year en(kd 5April 2024.
The accounts have teen prepared in accordance Y￿th the aecounb.ng p)liaes set out in note 1 of the accounts
and comply with the Charities Act 2011 and Ac¢ounb"ng and Reporb'ng by Charibes Statement of Recomrnended
Practice apklicatAe lo charibes preparing their accounts in accordance with the Financial Reporb'ng Standard
applicaLle in the UK and Repuiyie of Ireland IFRS 1(Y21 (effective 1 January 20191. The aeeounts also comr4y
wlh the Charrty's governing dcKumenl.
Obj'ectives and activities
The Oakmooi Trust was ¢reated ty Oeed dated 28th March 1￿9 The Trustees shall hdd t￿ cayll and the
income ol the Trust Fund upon trust lo ap￿Y income and. as lar as may ￿ necessary, the capital loi or towar¢
6uch char4tat4e purp06es and to rnake donats'ons to such charitaNe both.es or insbtubons at such times and in
such rnanner as the Trustee5 may, in their at6dule dL8creb"on, think fil.
Alm5 of charlty
The aims ol the charity are to apF4y, at the ¢*scieb'on of the tsustees, ￿ants to orgainisalions in furtheiance of the
chaiity's charitatle ot¥'ects.
11 Is the hope of the trustee5 that ty makn'ng grant apF4icat1o￿ Il wll a5S15t those organi5ations to wlich thè
trustees have deaded lo apF4y giants toward In resFeCt ol th￿[ particdar field of eXpe￿se
The thar(table trust is essent.ally investrnenl based and intend5 to ub"Ilise the incorne generated from the
investment portfolio lo fund the grants the Iruslee has de(aded lo Make.
Succa88 8hall be a88essed through the opp￿tur￿be8 arising from grant aFOicabon8.
statement of compllance wlth Charlly Cofflmission ouhdance
The Iruslees confirm that they have paid due regard to the guidance ￿ntsIned in the Charity Commission s
general ￿ldance on wt4ic tenefit when reviewng the trusY$ •rns and oty"eclN8S, and in F4aniing futurg
ath"vilies and setbng donations to be made in the foll¢)wng year
The trustees support a number of charitatle organisations. as shown ￿tI￿n note 19 to the financial statements.
The trustees are satssfied that the inloimation wovided in the report and accounts meet the pU￿1C benefit
iep)rting requiiern8nts
Charitable activitie5
The Iiusl Is solely invdved in grant making, and a$ such, the ath"vib"es rt undertakes pertain to raising and
maintaining funds for the apKAication of its chosen grants.
Public benefit
The Trustees have corn￿1ed with the duty in sedion 17 01 the Charib"es Aet 2011 to have due regard to the publlc
benefit guidance published ty the Charities Cornrnission
The Tiustees support a numtr*i of ¢harilatrAe organisabons, as summarised in note 7 and detailed in note 19 10
the Inanc181 slalements. The Trustees t*lieve all the donkn.ong made are for the L*nefit of the putlic
Grant making pdicies
The Trustees meet on an a¢*hoc bass during the year lo review apF4icaD"ons for fvnding. Only successful
applicants are notified of the Trustees, defiwon. Certain chanb'es are supported annually, although no
commitment is given lor such suNxJrt The Trust ￿nefitS charrtatAe inslrtubons and organisations and does not
usually supwjrt Individuals.
During the year under review the Trustees resolved to suppKJrt 9 insthub"0￿ donations totsllirrfJ £112,350
1£89,985 in 20231, as detailed in note 19 of these a￿OUnts

THE OAKMOOR TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Financial review
Totsl incoming resources were £292CU1£29770 in 21r231. with £133K241£110719 in 20231 b￿ng cornmitted lo
charitable act'vites of which £214741£20734 in 20231 relates lo support & wvernance costs and £539 Iwhith
comwses fees of £4,111 and a VAT refund of £3.57211£4.903 in 20231 cornrn￿ed lo raising fun(
The lolal movement of resources In the year also Indudes the realised loss in the year of £3930 (loss of £1626K2
in 20231 and an unrealised gain based upon the rnarket value of the investments at the year end of £59689 Iloss
of £39162 In 20231 Aso so In the year there Yrds a currency Ilossl of £46 Igain5 of £5,788 in 20231.The overall
movement of resources in the year showed an decrease c4 £49450 Idecrease 01 £281908 in 20231.
Rèservés
The Trustees have a ￿lanCed investrnent p)licy and income IB thstribuled on an annua b￿.8. From time to ts'rne
capital is also used lo lund donations bul In the main L8 retained for the mantenanee and LY¢Trrth of the fund.
Investment Pollcy and Perforffi￿ce
The Charity is run on an Execution Only tk3SiS a8 requested ty the Trustees. The investrnenl objeth've lor the
Chanty Is lor caprtal cNer the longer term.
As al 5 Apnl 2024, the ￿rtfolIO was valued at £1,196.292 The investment portfolio for the Chanty lafter lakj.ng
into consideration that £112,350 of donabons madelincreased 5•A in casylal return terms over the 12-monlh
riod lo 5 April 2024, 88 compared to the FTSE 1(Kl Index which increased 3.?A and the MSCI PIMFA Gr0￿h
Model which Increased 12.1%.
2023 ended on a more upteal lone followng what was a fairy turnultUOUs year wth rnany confficting economie
forces at play As we look ahead In 2024, wortthde conflicts serve lo remind Investors how fragile the
geopcAitical landscape is and how 1nextrica￿Y linked Oobal markets are to such events. This is sobering as we
slail an elecbon year over half the worfd's populabon sel lo vole including b)th here and In the USA. As
ever, investment markets dimb a w*1 ol worry wlh some leading eeonomie Indicators forecasts.ng a recession
this year. However, while one ean somebmes slrugye lo see reasons to be optsmiste, Ythen we look through the
lens of individual companies, we can lake consideratAe confidence from the servi¢x and products teing created
and tha opportunities ther•n d6sF¥ta the geopolitscal landscaw.
Six individual holdings rerKesent more than 50A of the portfdio, narndy Agnieo Eagle Mines, Merck & Union
Pacific These hddings have been d'scussed the Trustees who acknob*Aedge and acceFI the ￿tentIal stock
SP8afic risk associated with these large pc6ib.ons The higher risk mandate ol this charity affords a more
concentrated list ol investments in keeF4ng wth ihe Trustees, wshes for Ihis fund
s at 5 April 2024 the Chanty is expected an EslJ"rnaled Grc6s Annual Income of £36.177 or a yield of 3%.
Risks
The Trustees have idenb.fied rnajor risks and bdieve that appropriate ath.on has teen taken lo mib.gale these
iisks The Trustees will cont'nue to keep the adequacy ol the systems in F4a¢e under review
Plans for the future
The Trustees do not envisage any significant changes lo Ihwr •ms and obie¢tives an¢J they intend lo conts'nue
supFvrbng the various causes lo a smilar level.
Structure, governance arvj management
The Tiuslees who serve¢J durin9 the year an¢J were also in office al the d*e the financaal statements were signed
were.
Ralhbones Trust Company ￿rnited
Mr P M HAndreae
Mrs R J Andreae

THE OAKMOOR TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
The Charity's other adw'sors are noted ¢)n page 1.
The individuals who were directors of Rathl>)nes Tr￿1 Company Lirnite(I were..
Miss Lj'nda Joyce Cowr
Mr James Stephen Hurrdl
Mr Bruee Robert Nev￿IggIng
Mr Alexandef Richmond
Mr Robert Paul Stockton
Mrs Kerry Roterts
Mr Trevor Harris
Dec151on-maklng structure
The Trustees, who receive no remun8r8lJ'on, meet on a fre¢went, ad hoc ￿8rd to consider ap￿1¢ab.0n& lor
funding and a lull review is made at an Annual Meet'ng when the financial staternents are availat4e. Investment
Ferformance and Income leveL8 are rnonitored hall yearly al rneebr4J5 With the Investment Managers.
Appolntmenl ol new trustees
The power of appointng new an(Vor add￿onal TrLL5tees is vested In the Sellor during hLS Iifeb"rne.
Trustee tralnlng
The Trustees coirespond and meet wth Ih&r wolessiond athisors regularty and the advisors are SFeafically
Inslruded to appraise the Trustees ol rdevant technical issues a5 they arise.
statement of Trustees. re$pon$ibililie$
The Trustees are iesponst4e for preparing the TfUStees' Rewt and the Iinanaal statements in accordance with
appliCa￿e law and United Kingdom Accounting Standards Iuniled Kingdom Generally Aceepted Accounliw
Prath"eel.
Th8 law ap￿IcatI8 to charities in Enyand and Wales requires the Trustees to prepare financial statements lor
each financial year which give a true and lair view ol the state ol allairs of the Chanty and ol the incoming
resources and apF4ieats"on of resources of the Charity for that year.
In preparing th8se finanool statements. the Tr￿teeS are required to..
- Select Suitable accounting pdioes and then aOy them ￿)n$￿t￿nIty..
- otx8•rvè th8 m8tho¢ts and prinoF48s in the Charil"&s SORP..
- rnake judgements and esb"rnates that are rea8onat4e and prudent
state whether apF41ea￿t acecyJnts"ng standards have been followed, ￿bJ.e￿ to any matsrial departures
diselos8d and èXFAained in thè financial statemènts." ansj
prepare the finawal staternents on the going ¢0￿M tosr& unless rt is inappropnate to presurne that the
charity ￿111 conts'nue in oFerabon.
Th8 Trustees arè rasportsi￿e for keeKMng suffi<ient aeeoun*"no recoids that disditsè wth reasonablè accuracy at
any b'me the financial posrtion of the Charity and enatrje them lo er6ure Ihal the financial stslements ry)m ￿Y wlh
the Charib'es Act 2011, the Charty IAc¢ounts and Reports) Regulats'ons 2(M)8 and the provisiorB ol the trust
deed. They are also resportsitAe for safeguarth'ng the assets of the Charity and hence for tskn'ng reaSona￿e sle
for the prevention and detecbon of ftaud and other irregularrt)"es

THE OAKMOOR TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Approved by the trthrd eltrustees and signed on behajf ty.
Mlss Llnda Joyce Couslns
Rathbone5 Trust Company Llmlted
Trustees
Dated. 30 July 2024

THE OAKMOOR TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE OAKMOOR TRUST
I report lo the Trustees on my examination of the finanaal statements of The Oakmoor Trust I'the Charily'l for
the year ended year ended 5 Ak¥il 2024 ￿1th comwse the Ststement of Fina￿al Ath"v(b"es, the Balance Sheet,
the Statement of Cash Flow6 and rdated notes.
This report is made sdely to the d)arrty's I[￿lee$. as a b)ty. in a1xorda￿e sec*ion 145 of the charib.es Act
2011. My work has been undertaken so that I might stsle Its the eharrty's trustees thL)se matters l am required lo
slate lo them In Ihs rep)rt and lor no other purF*)se To the fullest extent Fermitted by law. l (k) not a¢￿p1 or
assume responsib'lily lo anyone other than the charity and the charity's trustees as a boty, for my work, for this
report, or lor the opinions I have formed.
Re5ponslbllltle5 and bas15 of report
As the Iruslees ol the charity you are resF*MSit4e for the yeparafj.on of the financial slalements in accordan
th the requirements ol the Charits"es Act 20111'lhe kri.
I report in respect of my examination ol the charity's financial statements carried oul under section 145 01 the Act
and in carrying out my examinat'on I have followed all the ap￿•¢aLle Direth'ons gven by the Charity Commis&on
under section 1451511bl of the Act.
An indeFendenl examinkn.on does not invofve gathennu all the evidence that y￿)Uld be required In an audt and
consequendy does not cover all the matters that an au(*'lor consders In gving thwr oiinion on the financial
statements. The planning and conduct of an audit goes teyond the limited assurance that an independent
exarnination can provide Consequenly. l express no opnion a5 to whether the finanaal stalernents present
'Irue and far, view and my repKJrt Is limited to those S￿￿fiC Matte￿ set out In the Independent examiner'8
slalement.
Independent examlner's ststement
I have comrAeled my examination I confirm that no malend matters have come to my attenb'on in conneth"¢)n
th the examination giving me cause to believe that In any matenal res￿et
lil aecount'ng reeords were not kept in ieswet of the d)arity as required by Section 130 of the Ad", or
lill the finanual statements do ncl accord vith those records,. or
liiil the finanaal statements ¢SJ not comF4y wth the apF4icat4e requirements concerning the forrn and
content of accounts set out In the char￿"eS (Accounts and Reports) Regulal'ons 2008 other than any
requirement that the accounts give a 'true and lair View whi¢h 1$ not a mattel ¢ongdeied as part ol an
independent examinab.on
I have no concerns and have come a¢r05s no other rnatter¥ in conne¢b"on th the examinaton to which attentson
should t* drawn in thi8 repK)rt in order to enat4e a proFer understand'ThJ ¢)f the financial statements to
reached.
stephen Hale FCA FCCA
Perrys Audit ￿rnrted
Churchdown charn￿rs
Boidyke
Tonbridge
Kent
TN9 1NR
Dated. 2 August 2024

THE OAKMOOR TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Unrestricted
2024
2023
Notes
Income and endowments
Investments
Other income
25.157
4,043
29.350
420
Total income
29,200
29,770
Exp8ndltur•
Raising lunth
Charita￿e ath"vib'e8
539
133,824
4,903
110.719
Totsl resoure•s èXwY￿èd
134,363
115.622
Net expebvJltuR befo￿ Investment galns l (losses)
1105,1631
185,8521
Nel gains I Ilosse51 on investments
11
55.713
11*,OS61
Net movernent In funds
149.4501 1281,9081
Fund t¢l8n¢¢$ at 6 April 20fJ
1,246.e66 1,528,574
Fund balances at 5 Aprll 2024
1,197,216 1,246,666
Th8 slalemenl ol financial activib'es indudes all gains and105$8s I￿0￿1sed in the year All inojme and
expendrture derive from cont'nuing activibes

THE OAKMOOR TRUST
STATEMENT OF FINANCIAL POSITION
AS AT5APRIL 2024
2024
2023
Notes
Fixed assets
Investments
13
1.196,292
1,242,190
Current assets
Cash at bank and in hand
Z2.169
7,363
Creditors- amounts lalllng due wlthln
one year
14
121.2451
12.8871
Nel ￿rrent assets
924
4.476
Total assets less current liabilities
1.197.216
1.246.688
Income funds
Unreslricteij fund$
1.197,216
1.246,666
1,197,216
1.246,666
Tho notes on pages 10 10 16 lo￿ Fart ofthese finanaal statements.
The accounts were apwoved by the Trustees on 30 Juty 2024
Miss Linda Joyce Cousir
Rathbones Trust Company Llmlted
Trustee

THE OAKMOOR TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Cash flows from operating activilies
Cash absort*d by owratsor
17
I111,￿2)
1153,3591
Investing xlivities
Purchase of investments
Proceeds on disposal ol investments
Dividenth and interest received
(77,8841
60.025
25.157
198.4591
364,876
29.370
Net cash generated fTOrn Inve5tlng
activities
7.298
295.787
Net Idecrea5eVlncrease In cash and cash
equlvalenls
1104.e641
142,428
Cash and cash equivalents al begnning of year
Effect ol foreign exchange rates
151,914
1461
3,708
5,778
Cash and cash •4ulvalents al end of year 18
47,204
151,914

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
Cha1￿Y Inlormatkjn
The Oakrnoor Trust is a regislered charty Charty numt*r 258516.
1.1 A¢￿inting convention
The financial statements have been tyepared in accordance wlh 'Accounbng and Reporting by Charib'es.
Slalemenl ol Recornmended Prathce applicat4e Its tharilies preparing their aceounts In accordance with the
Finanoal Reporting Stsndard apF4ir3tle In the UK and ReputAic ol Irdand IFRS 1021 (Second Edilionl. and
the Financial Reporbng Standard apFlicat4e in the Urmled lQngJom and RepU￿1C ol Ireland IFRS 1021 and the
Charities Act 2011 and UK Generally Accepted PraCkn￿ as il awAies frorn 1 January 2019
1.2 Golng concern
The Iruslees cOns￿r there afe no material uncertainbes abwt the Chafty's atm'lity lo continue as a going
concern. The review of our finanaal ￿ts"on, reserves leve￿ and fuluie ￿an5 gives Trustees confidence the
charty remains a going con￿rn lor the loreseeat4e future
1.3 CharIta￿e funds
Unreslncted fund5 are availa￿¢ for u¥e at the th¥creb"on of the TrLBlee¥ In furtheran¢e ol their charita￿e
objectives.
1.4 Incomlng resour￿5
Investment income is accounted for on an accruas in the period to which rt relate8.
1.5 Cash and cash equlvalents
Cash al bank and cash in hand indudes eash and short lemi highty liquid investments wth a 8hort maturity ol
three months or less frorn the date of acquiS￿'0n or cyenirKJ of the de￿1 or ￿milar account.
1.6 Cr¢ditors
Creditors are recowised vthere ihe chanty has a present otligabon resulbng from a past event that wll
probat4y result in the trar￿fer of funds to a third party and the amount due to setde the 0￿19atIOn can be
measured or estsmaled rdiatly. Credlors are nomally reeogntsed at their setuemenl amount after allowng for
any dscounts dua
1.7 Resources exFended
Management and adminiStr*"C￿ cc6ts com$X￿ tho8• costs In￿rred in runnino thè charity. They hava t*an
apporb'oned on the basis ol b'rne sFent be￿en tharita￿e acbvibes, ¢gs1 of raryng funds and governance
costs.
Governance costs congst ol th)se ￿$ts assooated v￿th the overall runr•ng ol the charity and meeting
stalulory and regulatory requrements
Grants are IndU￿d in the finanLYal slatements vthen ar￿￿ed ty the Trustees and nob'fied to reuiients The
value ol ¢ommitted grants unpaid * the year end is a¢¢rued Grants offered th* are subjecl to con¢*'bons that
have not been met al the year end are noted as a ¢ommitment bui not a¢¢rued as exwndiluie
1.8 Financial instruments
Basi¢ financial assets, which indude trade and other recavaNes and cash and bank balances, are In￿allY
rneasured at transacbon price induding lransacb.on costs and are sut6equendy carried at amortised cc6t
using the éffeclive Intèrest method unless thÈ arrangement constitLrtes a finanang tiansathon. where the
transaction is measured al the present value of the future receipts discounted al a market late of interest
10-

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting rKJlicies
Icontlnuedl
Other financial assets, irdudng investments In equty instnjments vthich afe not sut6idianes. assoL?ates or
j(inl ventures, are inib'ally measured at fair value. which is normally the transaction price. Such assets are
sut6equenlly Carried at fair value and the changes in fair value are recoanised In nel incomellexpendlurel.
except that investments In equty Instruments that ale not put4idy traded and vthose fair values cannot be
measured reliaL4y are measured at c(61 less Impairment
The Trustees do not invest in any comtAex finanaal inslruments.
1.9 Forelgn exchange
Transadion5 in currenaes other than p)unds slerfing are rec4)rded al the rates of exchange prevailing at the
dales of the transactions Al each reporthng end dale, rnonetary assets and liablib.es that are denominated In
foreign currenues are relranslaled al the rates kxevailing on the rewrknng end dale. Gains and losses arising
on translation are included in net income1ex￿ndtu1e for the ￿ri0￿.
1.10 Investments
Fixed assets investments represent lisled investments vth'ch are stated at market valuation, where rnaiket
value represents the rnid rnarkel value on the last tradng day before the year end. Any unrealised or realised
gain8 arysing Irom Investments are accounted lor in the Ststemenl of Finanaal Acbvilieg.
Crltlcal accountlng estlfflate5 and I￿jgeMentS
In the apFAication of the Charty's acc£Junb'ng policles, the Trustees are fequired lo make ju6Jements.
e8b"mates and assumptons atout the cairying amount of assets and Iiatslibes that are not readily appaient
from other sources The estsrnates and assooated assumWons are based on historical exFenence and other
factors that are considered to be relevant. ￿£tUal resuNs may drfler Irorn these e5b"rnates
The e8b"male8 and underfying assum0.ons are reviewed on an ono)ing basis. Revisions lo accounting
e8b"mates aro reeognis6d in the peiiod in which tha esb.mate is revised where the revision affects only that
Period, or in the Feriod ol the ievision and future periods where the revision affects both current and future
périods.
Investments
2024
2023
Income from listed investments
Forèign incomè
2.558
22,599
2,158
27,192
25,157
29,350
other income
2024
2023
Bank interest
Other Interest
3,889
420
4,043
420

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
RalslNJ lunds
2024
2023
Investment managernent fee
539
4,903
Charitsble activities
2024
2023
Grant lundrvJ ol aL#Nits'es (see note 71
Share of governance (#)sts (see note 81
112.350
21.474
89,985
20,734
133,824
110,719
Grants payable
2024
2023
Grantstg insb"lution5'.
Elderly & Social Care
Rdigous Organis*"ons
TheArts and Museums
Youth & Education
Consp.rvatt'nn
30.000
200
14.285
20.000
25,500
11,2C#)
2,900
72.250
26,000
112,350
89,985
Support Costs
Support Governance
Costs
¢osts
2024
2023 Basis of
all￿atIon
Trust managernent
SRC Blue book annual sutÉcripb"on
Independent examinabon
Bank charges
18,OLXJ
938
2,536
18,ClJO
938
2,536
18,000 Governance
958 Governance
1,756 Governance
20 Governance
21,474
21,474
20,734
12-

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Trustees
Ralhbones Trust Company Limrted recewed tr￿1 management fees of £18.Oc￿lI£18.1x1O in 20231 during the
year As at the year end, the outstanding balance due to Rathbones Trust Company knmited was £18.000
12023- £Nill. Ralhbones Investment Management received investment management fees of £4,1111£4,903 in
20231 and repaid £3,572 for overcharged VAT I£NIl in 20231 during the year. As at the year eThl, the
outstanding balance due lo RathL￿ne5 Investment Management was £1,02512023- £1,087).
Other than the a￿Ve, no Tfustees reC￿Ved any remuneration, reimbursed expenses or benefits from the
chanty during the year.
Ralhbones Investment Management and Rathbones Trust Company are t*)Ih whc4ty ¢Mied su￿"d18r1es ol
Ralhbone5 8rolher5 Plc. The investment managernenl is undertaken by Rath￿ne5 Investment Management
at their standard terms as offered lo other charib'es RathtK)nes Trust Company are not otAiged lo appoint or
retain Rathbones Investment Manag8rnent as Investrnent rnana9ers but do so on the ba6iS that the terms and
Ferformance have teen saknslactory when cornpared to af(ernabve pyoviders of Investrnenl management. The
rnatter Is monitored and kept under review lo ensure that the chanty receives app¥opriate and cost effective
investment rnanagernent services.
10 Employees
There were no emF4oyee8 duiing the year. or the previous year.
11 Net galns I Ilosse51 on Investments
2024
2023
Revaluab'on of investments
ILossl on sale of Investments
ILc681 I gairns on exchange
59,689
13,9301
1481
139,1621
1162,6821
5,788
55.713
11S6,0561
12 Taxation
The charity is exempl Irom tsx on income and gains falling ¥%thin seth'on$ 524 - 537 of the In¢ome Tax Act
2007 01 section 252 of the Taxats'on of Chargeat4e GarB Ad 1992 lo the extent that these are apF4ied lo its
Charita￿e ob￿cts.
13-

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
13 Fixed asset investments
Listed
investments
Cash In
portfollo
Total
Valuation
Al 5 Ayil 2023
Addits'ons I Currency Ilossl
Unrealised gain
Realised Ilossl
Cash held in investrnent portlol'o
Disposals
1.097,639
77.884
59.689
3,9301
144,551
1461
1,242,190
77,838
59,689
13,9301
1119.4701
160,0251
1119,4701
160,0251
At 5 Awil 2024
1.171,257
25,035
1.1￿,292
Inveslmtnts reweSe￿ng more than 5% of the p)rtfdio's totsl rna￿et value".
Inveslrnent
Units Market Value % ol Total Mark¢t
Agnico Eagle Mines Ltd 4,￿0 240.853
Barrick G￿d Corp
7,200 101.948
Merck & Co
1.150 116.691
Nesle SA
1.000 81.673
Shell
2,500 89.SC#)
Union Paufic Corp
1.125 215,849
20.￿%
8.70%
9.*%
6.97%
5.93%
18 43%
2024
2023
Li$letJ investments
Cash In inveslrnenl portle4io
1,171,257
25,035
1,097,639
144,551
1,196,292
1,242,190
14 Credilors: amounts falling due wlthln one year
2024
2023
Accruals and deferred income
21,245
2,887
14-

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
15 Unrestrkted lunds
The unrestricted funts of the chanty comprise the unexpended balances of dona￿'OnS and grants which are
not subject to speofic cond'b"ons trty donors and grantors as to how they may be used These indude
designated funds which have been set asde out of unrestricted funds by the Iruslees for specific purw)ses.
At 6 AFrfiI
2023
Incoming Resources
resources
expended
Gains and
losses
At 5 April
2024
General funds
1.246,686
29,200
1134,3631
55,713
1.197.216
Previous year..
At 6 April
Incoming Resources
2022 resources
expended
Gains and
losses
At 5 April
2023
General funds
1.528,574
29,770
1115,6221
1196,0561
1.246,666
16 Related party transxtlons
Ralhbones Trust Company Lirnrf(ed, vA)o are also trustees re¢wed fees for their seNices dunng the year
which are detailed in note 9 of these a¢¢ounts.
17 Cash generated frorn operatk>ns
2024
2023
D8fiat lor the year
149.4501
1281,9081
Adjustments for
Investment ineome reeognised in statement of finanua athwbes
Loss on disposal ol investments
Fail value gains and losses on exthange
Fail value gains and losses on Investments
125.1571
3,93C
46
IS9.6891
129,3801
1V2,682
15,7881
39,162
Movèments in workn.ng easJta'
Increaselldecieosel in credtors
18,358
136,1471
Cash absorbed by operalk)n$
1111,9621
1153,3591
18 Cash aNJ cash equivalents
2024
2023
Cash al bank and in hand
Cash held in investment Kx)rtfdio
22,169
25,035
7,363
144.551
47,204
151,914
15-

THE OAKMOOR TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
19 Donations made to institutions during the year
2024
2023
Ajton SchcK)I
ton Society
ArtUK
Basrnom
Bromplon Assoclalion
Camel Estuary Youth Sailir
Grange Fesl'val
HaM￿hire Gardens Trust
Nat'onal Gallery Trust
Rdeasing Polential
Save 8ritsins Heritage
Sl Mary's Ben￿Orth
Sl Peter and Paul's Church
Trinty Cc41ege
Venice in Peril Fund
Whale Wse
250
20,000
5,000
1,000
30,UUU
20,000
2,000
5,385
1,000
2,9(M)
20,000
25,000
10,000
1,200
50,OC#)
2,900
200
5,000
500
112,350
89,985
16-

¢3>
11 Ill :1
Ll O L)