INA
CIA
IL20
Page
Admlnistratlve InfonMatlon
Trustees, report
Independent Examiner's Report
Statement of Flnanclal Actlvltles
Balance Sheet
Notes to the Flnancial Ststements
FLEfcH
VNTANTS
ALI

ORMON
259057
Luke Arthur Ponsonby
Rupert Spencer Ponsonby
aa
Ledwell House
Ledwell
Chlpplng Norton
Oxfordshlre
OX7 7AN
Independent Ex•mln•r
J Fletcher, F.C.A.
Hetcher and Partner5
Crown Chambers,
Brldge Street
Sallsbury SPI 212
Bank•r8
Barclays Bank PLC
30 Market Square
witney
Oxford5hlre
OX28 6BJ
Investment M•nagers
CCLA
l Angel Lane
London
EC4R 3AB

TR
TEES REP
The Trustees wesent Ihetr annual rep￿ for the year ended 05 April 2024.
Tho accounts wth the Chorities Act 2011. Accounting and Reporting by Chartties: Statement
of Re¢ommended Practice 8pp1icable to chariti88 preparing their accoun18 in ￿OrdanCe with the
Financial Reporting Stsndard appllcable in the UK and RepU￿1C of Ireland IFRS 1021 (effective
1 January 201918nd wth FRS 102.. tho Fin8nGial ReF¥)rting Stsn¢Jard appllGable in the UK and Republi
of Ireland120221.
vi
The objects of Ihg charity are to pay the incoma and Such part of the cspital 88 the Iru8lee8 may decide to
such exclusively charitable obl*8 and purpose8 a8 the trustees in Ihfrir 8bsolule discretion think fit. Any
payment of capital require8 the unanimous consent of the Irusl8es, Tho trus1e￿ look particularfy favpurably
on charities associated with the blind, autism and eldgrfy pwple, and prefef local lo natSonal Cha￿lIe8 wllh a
Geographical focus on North and W88t OxfoTd8hire. Tha charity was established on 12 Juno 1969,
rogistgred number 259057.
The Tru8lee8 ¢onflrm that they have complied with the duty in wtion 17{51 of the ChaNties AGt 201110
have regard to the public benefit guidance published by the Charity COMMI￿On.
The trustee8 hove used the relums from Ihg C8pllal InV￿tEd lo award granls for ch8rftabl8 purpose3 In light
of the objectives sel out in the tru81 deed. Gr8nts lolalliro £30,205 were made lo charitable organisalions
and deserving individuals during the yeaf12023.' £27,300). AP￿icatIonS roceivgd are gvalualed in terns of
cost, the nature and scale of benefit, and the likely impart of tho grant. Granl 4ward$ are typlcally batwe
£500 •nd £3,500.
er
The Trustee8 belleve 51 is gppropriale lo prepgre tho 8ccounl$ on the going concem ba￿5 in light Of the
con61defgble fgserve8
As al 31 Merch 2024 the Iwst held net 88set8 01 £1.031,70512023." £952,531). The InC￿a8￿ in y8ar wa8
driven by unre81i*d galns following a market recovery. The investment pcsrtfolio gen8ralod income ol
£27,219 during the year12023." £27.1641. Tho portormance of investments i¥ monitored by Ihg trustees
taking regular profo6sonal advice from CCLA. vtho 8nsuTe thare are sufficient liquid re8erve8 to fulfil the
objectives of th9 Trust.
rves Poll
Trustees aim, bul are not bound to, pre8erve capilal by only u81ng Inv89tmenl income to fund donations.
The re¥grves poli¢y 58 therefore not to use the capital fund lo finar￿e the operation of the charity apart
from In exceptional circumstance8.
ure
overnanco an
ma
The trust deed w88 signed on 12, June 1969 and estsblished the cl)jectiv￿ and p(Ywe￿ of the trust. The
trust is an uninwrporaled chorilable In￿t.
The review of the Charity's flnancial position al the end ol the reportlng pèrit)d is sel out In the
accompanying accounts, prepared by Fletcher & Partners. the Charity's AccDunlanls, and approved by the
Trustee8.
All de¢igion8 are taken by the TnJslee8, who undertake Fetiodic training to ensure they Unde￿tand their
responsibilities. None are rgmunerated for their
ve8tmenl Poli
The perfomiance of investrnenls. vthith are managed by CCLA lo provide lorwterm gr(A¥th in eapltal and
income from a managed portfolio, is m¢)nilored by the Trustees quarterly.

R ENDED05 AP
Tru8t¢o¥' r•sp¢n#lblllti
Tho Iru8lee8 am rè8ponsible for preparing Ihg trusle08' report and the accounts in aceortrdnce with
applicable lawand regulatlon& law applicable lo charttlos in England and W8l•s raquires I
trustees to prepare accounts for eath finan￿￿1 year in ￿OrdanCe with Unl￿1 lQngdom Generally
Accoptsd A¢counting Practic& (Unlled Klngdom Accounting Standard8 and applicable regulation8).
Undèrthèt law th& trtssteas must not opprove the accounts unle88 they are satisfied that they give a
tN• and f8lr vlew of the 8tate of affairs of tho charity and of tha incomSng re80urce8 yllrAUon
of resources of the chadly for that y6ar.
The Charitie8 Act 2011 wuires the TN9t¢ts81o pr8p4ro accounts for eath financAal year whlch g￿e
true and falr vlew of th& stats of aff8lr8 01 the Trust. In Preparfng th$89 Sep￿￿nts Ihe TrUBle￿ are
requirad to:
select gJitablÈ acwunling policias and then apply them r￿n￿G￿nIy.
b98N8 th8 m&thods and prtn¢4rAes in thè Charitie8 SORP,.
makejuclgements and e8timotes that are ro#8on8blè and pNden(
stalg whether applic8blg acwuntlng 8tandard8 have F*èn folIcp￿0d,. and
pr¢pare the a¢counts on tha golng concem basis unless It18 Inappropriats to prwjme
that the charity will ￿tinue In opwgti0n.
The lyustees ro8pon8lbl8 for keeplng adequate aci¥Junting records ￿lCh are sufffclent to ¥how
and explain the charity's transactions and disdw Imlh re880nabls accuracy at any tima th& financi91
position tsl tha charity and enat>lg thom to Bn8ur& that thè ac£ount8 Ix*mpty with tha Charltle8Act
2011, th9 Chgritiès lAC￿unts and Rgportsl Regulations 2008 and thè provlslons of the tru8t deed.
Thay arè 819D re8ptsnslble for safeguardlng the 888ets of tha chority and honcg for taking reasonable
8tep8 for the preventi¢)n and d¢taction of fraud and ¢3ther Irr￿UlaritI9y.
Signed on behalf of the Trustees
Luke Ponsonby
Trustèe
Apprvved by the TwstÈÈs

I report on the aecounts of the TNst for the year ended 5 Aprtl 2024, whl¢h are set out on page5 5-10,
Raspectlve regponslbllltlas of thè trustaes and examlner
The charlty's trustees are responslble for the preparatlon of the accounts. The trustees conslder that an
audlt Is not requlred thls year under sectlon 144(2) of the Charltles A¢t 2011 (the 2011 Act) and that an
Independent examlnatlon 55 needed. It Is my responslblllty to..
examlne the accounts under sectlon 145 of the 2011 Act,,
lollow the procedures lald down In the general Dlrettlons glven by the Charlty Commission
under sectlon 145{5){b) of the 2011 Act; and
state whether partlcular matters have come to my attentlon
Ba•lty of Independent Examlner's Report
My examln8tlon was carrled out In accordance wlth the general Dlrettlons glven by the Charlty
Commlsslon. An examlnatlon Includes a revlew of the accountlng records kept by the Charlty
and 43 comparlson of the accounts presented wlth those records. Lt also Includes conslderatl¢n of anv
unusual Items or dlsclosures In the accgunts, and seeklng explanatlons from you as trustees
concernlng any such matters. The procedures undertaken do not provlde all the evldence that would
be requlred In an audlt, and consequently no gplnlon Is glven as to whether the accounts present a "true
and fèlr vlew. and the report Is Ilmited to those matter3 set out In the statement below.
INDEPENDeNT EXAMINER'S STATRMRNT
In the course of my examlnatlon, no matter has come to my ?ttentlon'.
(l) whlch glves me rea59nable cause to belleve that, In any materlal respect, the requlrements:
to keep accountlng records In accordance wSth settlon 130 of the 2011 Act. an
to prepare accounts whlch accord with the accountbng records and comply
wlth the accoLrntlng requirements of the 2011 Att;
have not been met..
121 to whlch, In my opinlon, attentlon should be drawn In order to enable a proper understandlng
of the accounts to be reached.
J Fletcher, F.C.A.
Fletcher and Partners
Chartered Accountants
Sallsbury
Date

DEFO
P4T OF FIN
VITIE
EYEA
DED
APRI
Unrestritted
Fund
Capltal
Fund
Total
2024
Total
2023
INCOME:
Investment Income
Other Income
27,468
27,468
27,196
Total Income
27,468
27,468
27,196
EXPENDITURE ON..
Ralsing funds.,
Charitable activltles
3,10
32,685
32,685
29,680
Total Expendlture
32,685
32,685
29,680
INCOME/IEXPENDfTURE) BEFORE
INvESfME￿ GAIN5/LOSSES
{5,217)
15,217)
12,4841
OTHER RECOGNISED GAINS AND LOSSES
Realised galn5/11055es} on dlsposal
Unrealised galn51llosses)
(18)
84,409
IIB)
84,409
225
136,9981
NFf MOVEMENT IN FUNDS
(5,217)
84.391
79, 174
139,2571
Total funds brought forward
10,068
942,463
952,531
991,788
Total funds carrled forward
£4,851
£1.026,854
EI,D31,705
£952,531
The notes on pages 7 to 10 fom part of these accounts

ND
FIXED ASSETS
Investments
1,016,918
934,207
CURRENT ASSETS
Debtor5
Cash at bank and In hand
6,833
11,414
6,741
15,693
18,247
22,434
LIABILrrxEs
Credltors falllng due wlthln ono year
3,460
4,110
NET cuRRe￿r AssErs
14,787
18,324
TOTAL NEf ASSErs
£1,031,705
£952.531
Repre5entlng -
THE FUNDS OF THE CHARrrY
Unrestdrted Income Fund
4,851
10,068
Unr2Strtcted Capftal Fund
1,026,854
942.463
TOTAL CHARTTY FUNDS
£1,031,705
£952,531
Slgned on behaf of the Tw5tees
Luke Ponsonby
Trustèe
Approved by the Truste¢s
Date
The notes on pages 7 to 10 form part of these a¢counts

RMONDE F
ND
ON
EFIN
IAL ST
THEY
ED5
I. ACCOUNTING pouczes
Basls of accountlng
The flnanclal statements are prepared In accordance wlth the Accountlng and Reportlng by Charities..
Statement of Recommended Practlce appllcable to charTties preparing the1r accounts In attordance
wf(h the Financlal Reportlng Standard (FRS1021, the Flnanclal Reportlng Standard appllcable In the
Unlted Klngdom and Republlc of Ireland IFRS 102), the Char(tles Art 2DI l and appllcable regulitlons.
These Nnanclal statements are drawn up on the h15torical cost accountlng basls except that
Investment assets are carrled at market value.
The flnanclal statement5 are p￿pared In stedlngw which Is the functlonal currenLy of the charlty.
The Ormonde Foundation Is a charltable trust, reglstered the UK In 1969 wlth the Char
Commlsslon, and its actlvltles are governed by a trust deed. Income derlved fmm the Investment
portfollo 15 Used to provlde grants to re9lstered charitles In the UK in accordance wlth It5 charltable
purpose. The charlty meets the deflnltlon of a public beneflt entlty under FRS IQ2
The trustees conslder that the￿ are no rnatertal uncertalntles about the Trust's abllty to contlnue
a5 a goln9 concem.
CrltScal 4¢¢0untlng jud9ements and key sources of estlmjtlon uncertainty
In the appllcatlon of the accountlng pollcies. the Tnstees are requlred tts make Judgements, e5tlmates,
and assumptlons about the carybng value of assets and Ilabllltles. Actual resu￿9 may dlffer from these.
Any estlmates and underlylng a5sumptlons are revlewed on an ongolng basls and rev151ons are
recognlsed In the perlod In whlch the e5tlmate Is revlsed If the revlslon affects only that pe￿0d, or In
the perlod of the revlslon and future perlod5 ff aPprOp￿￿te.
In the vlew of the trustees, no assumptlons concemlng the fvtU￿ or e5tlmatlon uncertalnty affectlng
asset5 gr Ilabllltles at the balance sheet date are Ilkely to result In a matemal adjustment to thelr
carrylng amount5 In the nexi flnanclal year.
In¢om•
Income IS attounted for In the perlod In whlch the charlty15 entitled to the Income, It Is probable that
the Income wlll be recelved and the amount of Income can be measured ￿lIably. Dlvldend5 afg
rocogn15ed once the dlvldend has been declared and notlficatlon has been recelved of the dlvklend due.
Expendlture
Llabllltles are recognlsed as expendlture as soon as there Is a legal or constructlve obllgatlon
cornmittlng the charfty to that expendItu￿, It Is probable that settlement wlll be requlred and the
amount of the obllgatlon can be measured rellably. Expendlture Is Included on an accruals basls.
Grants are Included In the statement of flnanclal actlvltlos when a legal or construrtlve obllgatlon to
pay them comes Into exlstence.
char￿able expendlture Includes all grants rnade to other charltles and Include5 governance costs.
Governance costs comprlse the Independent examlnerfs fee, Invostment manager fees, legal fee5, and.
5ecrelarlal costs.
Inv￿tMentS
Investments are a fomi of ba51c flnanclal Instrument and are Inltlally recognSsed at thelr trans4Ctlgn
value and Subsequen￿Y are measured at thelr falr value a5 at the balance sheet date uslng the c1051ng
quoted market pdce. The statement of flnanclal actlvitles Snclude5 the net galns and losses ar151ng on
revaluatlon and dlsposa15 throughout the year.
Reallsed galns and 1055es on Investments represent the dIfferen￿ between the sale proceeds and
openlng market value (or purchase date If later). Unreallsed galns and losses are the dlffetEnce between
the market value at the year end and openlng market value lor purchase date If lator).
Debtors
Debtor5 are measured at the amounts the chartty antlclpates It wlll recelve from a debt or the
amount it has pald in advance for goods or se￿Ice5.
Cash at bank and In hand
Cash at bank and In hand Includes cash and cash on deposit, other Short term Ilquld
Investments with odglnal maturities of three month or les5. and bank ovenlrafts. Bank overdrafts are
shown wlthin borrowlngs In current liabilities.
Credltors
Credltors dre measured at the amounts the chartty antlclpates it wlll pay to settle a debt or the
amount it ha5 recelved as an advance payment for 9oods or services It must provlde.
harltable Funds
Endowment fvnds constitutes the capltal of the ¢nbSt and can not be spent.
Unrestritted funds are avallable for use at the dlscretlon of the trustees In furtherance of thelr
charitable objert5.
Flnan¢lal Instruments
The charity only has finanaal assets and Ilabllities of a klnd that quallfy as b451c flnanclal Instruments.
They are Inltlally recognlsed at transaction value and subsequently measured at thelr Settlement
value.

NDEF
NDAfioN
IAL sfAT
THE YEA
IL2
2. INVESTMENT INCOME
UK Dlvldends
Overseas dlvldends
UK Interest
Overseas Interest
27,219
27, 164
249
32
£27,468
£27, 196
CHARITABLE EXPENDITURE
Grants to other charltles (see also note 12 fttr anaEysls)
Governance costs (Note 4)
30,205
2,480
£32,685
27,300
2,380
£29,680
GOVERNANCE
Investment rnana9ers fees
Secretarlal costs
Legal fee5
Independent exambners fee
700
700
1,780
E2,480
1,680
£2,380
FIXED ASSET XNVESTMENTS
CCLA COIF
Total
Market value at 6 Apdl 2023
Addlllons at cost
D15posals at openlng value
Unrea115ed galnslllossesl
Market value at 5 Aprll 2024
934,207
934,207
11,6981
84,409
£1,016,918
11,6981
84,409
£1,016,918
Hlstorlcal cost at 5 Aprtl 2023
Hlstorlcal cost at 5 Aprfl 2024
£844,164
£842,530
£844, 164
£842,530
DEBTORS
Accrued Interest and dlvldends
E6,B33
£6,741

RMOND
NDA
E FINAN
AL ￿ATEME
CREDITORS" Amounts due within one year
Other credfcors
Grants payable
Accruals
1,710
1,680
750
1,680
1.750
£3.460
£4,110
ANALYSIS OF ASSFfs BEfwEEN FUNDS
Income
Fund
Capital
Fund
Total
2024
Investments
Net current assets
1,016,918
9,936
1,016,918
14,787
4.851
E4,651
£1,026,854
£1,031,705
Income
Fund
Capltal
Fund
Total
2D23
Inve5trnents
Net current assets
972,600
6,636
972,600
19,188
12,552
£12,552
£979,236
£991,788
FUND MOVEMENTS
BIF
06104123
Income
(Inc. galn5)
Expendlture
linc. losses)
C/F
D5104123
Unrestrirted fund
Capltal fund
10,068
942,463
£952,531
27,468
84,409
Elll,677
132,6851
(IB)
(£32,703)
4,851
1,026,854
EI,Q31,705
BIF
06104122
Income
(inc. galns)
Expendltu
{Inc. losses)
C/F
05104123
Unrtstrocted fund
Capltal ftjnd
12,552
979,236
27,196
225
(29,680)
(36,998)
IE66,678)
10,068
942,463
£991,788
£27,421
£952,531
io.
REiATED PARTY TRANSACTIONS
There were no transartlons In elther year with trustees or any other ￿lated patty.
No trustee received any remunerdtion or reimbursement of expenses {2023.' £nill.

THE ORMONDE FOUNDATION
HE FINANCXAL sfATEMENTS
R ENDED S
PRIL 2
continued
11.
GRANTS AWARDED
The Trustees Set budgets for dtfferent categorie5 of grant awanl, and meet
quarterly tD determlne awards from these categorles In 1Sght of Indlvldual appllcatlons.
The Indlviéual grants awarded are set out below:
Bainbridge, Mrs Vivienne
Blind Veterans UK
Brain Tumour Charity. The
Bridewell Gardens
Buma Star Memorial Fund
Callbre Audio
Carers UK
Chaslleton Village Church Council
Child ALrtlsm UK
Child Brain Injury Trust
City of Oxford Charity {Slong's Court)
Fiddown Church
Future Trees Trust
Kalharin8 House H05PlCe
L18t8ning B(ioks
Living Paintings
Music in Hospita15 & Care
Myvision Oxfordshire
Oxford Hospita18 Charity
Oxford Samaritans
Oxfordshire Community Fourthion re Thiiving in Nature Fund
Oxfordyhir& Victoria County History Trust
Pizzey, Mrs Valerie
Reeds's School Charity Account
Royal Agricultur81 Benevolent Institutton. The
Ryedale Special Families
Sobell House Hospice Charity
SOFA Project
Sl Luke's Hospital, Oxlord
The Theatre Chipping Norton
Vereker. Miss Margaret
Waterloo Uncovered re James Covran LedurelDiorama
Whirlow H811 Fom Trust
Willow TrusL The
Wootton, Glympton & lQthlington PCC
7W
600
500
600
500
600
500
1.000
600
fjoo
600
3,055
1.000
600
600
600
500
5Tr)
1,000
600
3,000
1.000
650
600
600
500
500
750
3,000
1,000
650
600
600
850
750
30,205