**Charity Number 269263** ## **THE OLDHAM FOUNDATION** **ACCOUNTS Year Ended 5 April 2023** **Ref: 98940-1** ## **The Oldham Foundation Contents Year Ended 5 April 2023** ||**Page**| |---|---| |Reference and Administrative Information|1| |Trustees' Annual Report|2 - 3| |Independent Examiner's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Accounts:|| |1. Accounting Policies|7| |2. Rental Income and Expenses|8| |3. Quoted Investment Income|9| |4. Grants Payable|9 - 10| |5. Governance Costs|11| |6. Investment Properties|11| |7. Cash|12| |8. Debtors|12| |9. Creditors: Amounts Falling Due Within One Year|12| |10. Schedule of Investments - Quilter Cheviot Account|13 - 20| **The Oldham Foundation** ## **Reference and Administrative Information Year Ended 5 April 2023** ## **Trustees** Mr John Hervey Oldham Mr Stephen Trevor Roberts Mr John Wetherherd Sharpe Mr Michael Howard Davies Mr Edward Oldham - Mr Thomas Frederick Roles ## **Principal Office** c/o Michelmores LLP, Broad Quay House, Broad Quay, Bristol BS1 4DJ ## **Solicitors** Michelmores LLP, Broad Quay House, Broad Quay, Bristol BS1 4DJ ## **Independent Examiner** Mark Robinson, Trullwell, Box, Near Stroud, Gloucestershire GL6 9HD ## **Bankers** NatWest, Hyde Branch, Market Place, Hyde, Cheshire SK14 2LX ## **Investment Managers** Quilter Cheviot, 3 Temple Quay, Temple Way, Bristol BS1 6DZ ## **Property Managers** John Ryde, 14 Royal Crescent, Cheltenham, Gloucestershire GL50 3DA 1 ## **The Oldham Foundation** ## **Trustees' Annual Report Year Ended 5 April 2023** The trustees present their annual report and the financial statements of the charity for the year ended 5 April 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011, UK GAAP and FRS 102. ## **General Information** The Oldham Foundation is a registered charity, number 269263. It was set up by Orlando Oldham (who died in 1997) and was constituted by a declaration of trust dated 16 December 1974. The charity is administered by the trustees through their Solicitors, Michelmores LLP. New trustees are appointed by the existing trustees, with a minimum of two trustees serving at any one time. The charity owns quoted investments which are managed by Quilter Cheviot. It also owns shares in investment properties which are managed by John Ryde Commercial Property Consultants. The objects of the charity are wide and the trustees may pay, or apply, both capital and income for such charitable purposes as they, in their absolute discretion, think fit. The charity does, however, give particular consideration to the support of former employees of Oldham International Limited and its subsidiary companies, as well as staff of the Oldham family. The trustees' policy has been to make a fixed annual distribution to the Oldham Pensioners and to donate the balance of funds available to lesser known or smaller charities, which might not otherwise receive funding, and to charitable causes which are of particular interest to the trustees. See note 4 for details of all grants made payable during the year. ## **Review of Financial Position at the Year End** Total income and endowments for the year were £44,221 (2022: £56,684) and total expenditure amounted to £71,245 (2022: £86,830). Net expenditure for the year was therefore £27,204 (2022: £30,146). The net loss on quoted investments amounted to £52,145 (2022: net gain of £32,407). Overall, the total funds of the charity decreased by £80,006 (2022: increased by £2,268). The trustees have regard to and comply with the Charity Commission public benefit guidance by making grants to organisations which benefit the public. Note 4 provides a complete breakdown of grants made during the year. During the year, the trustees made gifts to the Oldham Pensioners totalling £9,935 (2022: £9,925) and total grants to other organisations of £16,000 (2022: £21,900). The trustees also made visits to several of those organisations during the year. 2 ## ## Tho Oldham Foundallon IndowKl•nt Examlnorfs Roport Year Ended S April 2023 I report on the acmunts of The (Xdhan FourKlaliM, dwity numbw ￿263. for th8 yaar erKled 5 Awil 2023. RoSPoth0 RMponsibilill•B of tho Trusto08 and Examin•r The chanty's trustaes are resportsible for the preparation of ts accounts. The tru*ees cA)nsder that these ac£ounts do ncrt require an a￿lit ufthr se(aiM 144 oftt)e Chafitss Act 2011. It is my r8sponsibilty to: - examine the accounts under seAion 145 of the Charities A . to fdlow the procedures laid down in the general directions giv￿ by the Charity c0mrri881￿ {und6r section 1445)Ib) of the Charrtres Act) and 84•1$ of Indep•ndont Examlnerfs Slatom•nt examinat1¢￿ was ￿rned in ac£¥Kdanc8 wilh the g￿￿81 dire(#ions given by the Charity Commission. An eXaminat￿)n indLKles a review of the acg¥)unts'rvJ records kept by the ctharity arKI comparison of the accounts presenbj with those r￿ordS. It also indixles a cfjnsidw*ion of unusual items or disdosures in ts accounts, arKI ￿th'ng explanatio￿ from the trustees corwrdng any such mattèrs. The procedures. uTrJwtaken do rlot provide all the evid￿￿ that woukl be required in an audit and cons8qu8nUy no opinion is giknEn as to whethw ts accounts present a true and fair view. and Ihe report is limited to those maiters set (xrt in th8 b4￿. Indopondent Examlnof• Statwne IN connection wrth my examination, no matter hos comè to my atteniiM." (1) thi¢h gNes me reasonable cause to believe thaL in any mthal res￿, the requirwwits". . to keep accounting records in accordan￿ wrth sedion 130 of ￿ Chartbes Act . to prepare a￿Aints which a(x(Kd wrth the accountirwJ reuxds comply with the aC0￿nI1r￿j to which, in my opini(Jn. 8lt*ttion should be drnwn in ordw to a wopw under*arKling of to be read￿1 Mafk Robinson Trul1￿11 Near Strwl Gloucest&thire GL6 9HD SFgn&l Date ## **The Oldham Foundation** ## **Statement of Financial Activities Year Ended 5 April 2023** |**Note**
**UNRESTRICTED FUNDS**
**Income fund**
Income and endowments from:
Rental income
2
Quoted investment income
3
Expenditure on:
Quoted investment management costs
Rental expenses
2
Grants payable
4
Trustees' and honorarium expenses
5
Bank charges
Governance costs
5
Transfer from capital funds
Income fund balance brought forward
**Income fund balance carried forward**
**Capital funds**
Main fund
Balance brought forward
Book cost adjustments
Transfer to income fund
Balance carried forward
Revaluation reserve
Balance brought forward
Net (loss) / gain on quoted investments
10
Balance carried forward
**Total capital funds balance carried forward**
**Total unrestricted funds balance brought forward**
**Net movement in unrestricted funds**
**Total unrestricted funds balance carried forward**
Net expenditure|**2023**
**£**
30,002
14,219|**2022**
**£**
45,529
11,155| |---|---|---| ||44,221|56,684| ||6,059
11,273
25,935
3,436
40
24,682|7,152
21,759
31,825
3,237
20
22,837| ||71,425|86,830| ||(27,204)
27,204
-
-
442,318
(657)
(27,204)|(30,146)
30,146
-| |||-| |||472,457
7
(30,146)| ||414,457|442,318| ||829,176
(52,145)|796,769
32,407| ||777,031|829,176| |||| ||**1,191,488**|**1,271,494**| ||**1,271,494**
**(80,006)**
**1,191,488**|**1,269,226**
**2,268**| |||**1,271,494**| 5 ## **The Oldham Foundation** ## **Balance Sheet As at 5 April 2023** |**Note**
**Fixed assets**
Investment properties
6
Investments - Quilter Cheviot account
10
**Current assets**
Cash
7
Debtors
8
Total assets
Creditors: amounts falling due within one year
9
**Net assets**
**Representing:**
Income fund
Capital funds:
Main fund
Revaluation reserve
**Total funds**|**2023**
**£**
620,000
535,977
1,155,977
42,709
12,716|**2022**
**£**
620,000
619,512| |---|---|---| |||1,239,512| |||48,620
13,487| ||55,425|62,107| ||1,211,402
(19,914)
**1,191,488**|1,301,619
(30,125)| |||**1,271,494**| ||-
414,457
777,031
**1,191,488**|-
442,318
829,176| |||**1,271,494**| We approve the accounts and confirm that we have made available all relevant records and information for their preparation and that the accounting records produced, together with the information and explanations supplied to Michelmores LLP, constitute a true and correct record of all the transactions of the charity for the year. Approved by the trustees and signed on their behalf by: John Hervey Oldham - Trustee Date 6 **The Oldham Foundation** ## **Notes to the Accounts Year Ended 5 April 2023** ## **1. Accounting Policies** ## (a) Basis of accounts preparation The accounts (financial statements) have been prepared in accordance with applicable UK Charity Law, the Charities SORP FRS 102 and applicable accounting standards. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. There are no material uncertainties over the charity's ability to continue with its activities. ## (b) Income and endowments Rental income is accounted for on an accruals basis and quoted investment income on a receivables basis. Other types of income are accounted for on either an accruals or receivables basis depending on the nature of the income. ## (c) Resources expended All expenditure is accounted for on an accruals basis and included in the statement of financial activities. Grants payable are recognised when there is a constructive obligation to make the grant payments. Irrecoverable VAT is charged against the expenditure heading for which it was incurred. ## (d) Investment properties Investment properties are subject to a professional informal valuation once a year by a qualified professional with local knowledge. Gains and losses arising are taken to the revaluation reserve as part of capital funds. ## (e) Quoted investments Quoted investments are shown on the balance sheet at open market value at 5 April 2023. Gains and losses, both realised and unrealised, are taken to the revaluation reserve as part of capital funds. - (f) Public benefit, judgements and risks The charity is a public benefit entity. No significant judgements have been made in the preparation of these accounts and the accounts have been prepared on the assumption that there are no significant risks which could materially affect the charity. 7 **The Oldham Foundation** ## **Notes to the Accounts (Continued) Year Ended 5 April 2023** |**Page**
**2.**
**Rental Income and Expenses**
**(a) Summary**
Rental and other income
50% share in 1/1A Queen's Circus, Cheltenham
70% share in 12 Montpellier Arcade, Cheltenham
5
Rental expenses
John Ryde management fees
Other expenses
Dilapidations
5
**Total net rental income**
**(b) Analysis by property**
50% share in 1/1A Queen's Circus, Cheltenham
Income
Rental income
Less rental expenses:
John Ryde management fees
Expenses/costs
Net rental income
70% share in 12 Montpellier Arcade, Cheltenham
Rental income
Less rental expenses
John Ryde management fees
Expenses/costs
Dilapidations
Net rental income
**Total net rental income**|**2023**
**£**
25,250
4,752
30,002
4,144
7,129
-
11,273
**18,729**
25,250
(2,968)
(1,078)
21,204
4,752
(1,176)
(6,051)
-
(2,475)
**18,729**|**2022**
**£**
25,629
19,900| |---|---|---| |||45,529| |||2,582
7,317
11,860| |||21,759| |||**23,770**| |||25,629
(953)
(2,346)| |||22,330| |||19,900
(1,629)
(4,971)
(11,860)| |||1,440| |||| |||**23,770**| 8 ## **The Oldham Foundation** ## **Notes to the Accounts (Continued) Year Ended 5 April 2023** |**Page**
**3.**
**Quoted Investment Income**
Quilter Cheviot account
UK interest
UK dividends
Overseas interest
Overseas dividends
ERI dividends
ERI interest
Accrued interest
5
**4.**
**Grants Payable**
Cheltenham Festivals
Classic FM
Global Charities
Gloucester History Trust
Radio Winchcombe
Winchcombe Museum
Leckhampton Court, Hospice
Rape Crisis
Grants payable subtotal
10|**2023**
**£**
2,673
8,176
950
1,374
4
614
428
**14,219**
13,000
-
3,000
-
-
-
-
-
16,000|**2022**
**£**
1,062
7,386
1,064
1,643
-
-
-| |---|---|---| |||**11,155**| |||14,000
4,000
-
1,000
1,000
500
1,000
400| |||21,900| 9 **The Oldham Foundation** ## **Notes to the Accounts (Continued) Year Ended 5 April 2023** |**Page**
**4.**
**Grants Payable (Continued)**
Grants payable subtotal from previous page
9
Grants to Oldham Pensioners
**Total grants payable**
5|**2023**
**£**
16,000
9,935
**25,935**|**2022**
**£**
21,900
9,925| |---|---|---| |||**31,825**| 10 ## **The Oldham Foundation** ## **Notes to the Accounts (Continued) Year Ended 5 April 2023** |**Page**
**5.**
**Governance Costs**
Michelmores fees
Independent examination fees
Accountancy fees
5|**2023**
**£**
22,110
450
2,122
**24,682**|**2022**
**£**
19,987
450
2,400| |---|---|---| |||**22,837**| No trustee received any remuneration during the year (2022: Nil). Honorarium expenses were paid to cover the costs of administering the grants to the Oldham Pensioners. The trustees were reimbursed for out-of-pocket expenses in relation to travel, subsistence and accommodation with regard to the fulfilment of their duties including visits to recipients of charitable grants. There were no related party transactions during the year (2022: Nil). |**6.**
**Investment Properties**
50% share in 1/1A Queen's Circus, Cheltenham
Investment value brought forward
Gain on revaluation (note 1(d))
5
Fair value at 5 April
70% share in 12 Montpellier Arcade, Cheltenham
Investment value brought forward
Loss on revaluation (note 1(d))
5
Fair value at 5 April
**Total fair value at 5 April**
6|357,500
-
357,500
262,500
-
262,500
**620,000**|357,500
-| |---|---|---| |||357,500| |||262,500
-| |||262,500| |||| |||**620,000**| During the 2018/19 financial year, the trustees determined that £39,900 dilapidations were required at 12 Montpellier Arcade. The actual costs required in 2021 were £37,603, of which a settlement for £20,660 during the years 2022 and 2023 was agreed with Mandarin Slate. 11 **The Oldham Foundation** ## **Notes to the Accounts (Continued) As at 5 April 2023** |**Page**
**7.**
**Cash**
_Accounts as follows:_
Quilter Cheviot Income
Quilter Cheviot Capital
NatWest
Michelmores Client
Rental deposit
John Ryde - monies retained
6
**8.**
**Debtors**
Accrued investment income
Rent owed from tenants
Dilapidations owed from tenants
6
**9.**
**Creditors: Amounts Falling Due Within One Year**
Grants payable
Rental deposit held
Deferred rental income
John Ryde - monies retained
John Ryde management fees
Quilters fees
Michelmores fees
Independent examination fees
Funds owed to the Orlando Oldham Will Trust
6|**2023**
**£**
28
19,923
18,210
2,673
1,875
-
**42,709**
2,903
9,813
-
**12,716**
-
1,875
5,477
9,613
39
1,540
-
900
470
**19,914**|**2022**
**£**
78
10,836
1,545
17,353
1,875
16,933| |---|---|---| |||**48,620**| |||2,427
3,500
7,560| |||**13,487**| |||14,000
1,875
6,029
-
39
1,832
4,980
900
470| |||**30,125**| 12 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |Anglo American USD0.
- - 29/07/2022
135 3,958
22/12/2022
19 621
(559)
Arc Time: Trust II
- - 15/06/2022
6,250 5,937
(951)
Ashtead Group
50
2,346
11/11/2022
25
1,267
(262)
Associated British Foods
150
2,465
15/06/2022
(150)
(2,392)
(73)
Assura Plc ord GBP0.10
14,000
9,611
(2,751)
AstraZeneca
95
9,817
29/09/2022
20
1,991
1,525
Aveva Group
151
3,751
01/12/2022
(151)
(4,805)
1,054
Baillie Gifford
10,760
15,311
(731)
Barclays Plc ord GBP0.25
1400
2058
10
Blackrock Continental
11750
21002 10/05/2022
(3,000)
(5,086)
30
British American Tobacco
160
5,166
(678)||||154 4,020
6,250
4,986
75
3,351
-
-
14,000
6,860
115
13,333
-
10,760
14,580
1,400
2068
8,750
15,946
160
4,488| 13 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |BMO Property Q Dis
BP
Chyrsalis Inv
Compass Group
DarkTrace PLC
Diageo
Dodge & Cox
Equity Trustees Fund
Experian
Fidante Partners|1,150
13,836
(4,006)
955
3,657
16/11/2022
230
1,110
19/01/2023
(400)
(1,892)
1,315
3,370
5,972
(4,075)
185
3,046
700
-
-
01/12/2022
715
2,542
(831)
200
7,959
07/12/2022
(69)
(2,647)
(506)
-
-
06/07/2022
455
12,735
(68)
17800
19865 06/05/2022
(15)
11/05/2022
(4,350)
(4,776)
986
90
2,661
(248)
-
-
05/10/2022
117
11,535
(157)|||1,150
9,830
785
4,190
3,370
1,897
185
3,746
715
1,711
131
4,806
455
12,667
13,450
16,059
90
2,413
117
11,378| 14 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |Fidelity Funds
GlaxoSmithKline
GSK PLC
Haleon PLC
Halma
Harvbourvest Global
Henderson I Acc
Henderson UK Smaller
HG Capital|10,500
14,354
11/10/2022
(10,500)
(13,356)
(998)
230
3,919
18/07/2022
(151)
19/07/2022
(230)
(680)
(3,088)
-
-
19/07/2022
184
680
2,056
-
-
18/07/2022
230
151
28/07/2022
650
1,918
929
100
2,578
(423)
295
7,700
(1,682)
11,700
12,566
29/07/2022
44
31/01/2023
48
352
485
5650 16/08/2022
(485)
(5,223)
(427)
1,645
7,106
(1,521)|||-
-
-
-
184
2,736
880
2,998
100
2,155
295
6,018
11,700
13,010
-
-
1,645
5,585| 15 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |HSBC Holdings
Intermediate Capital
Ishares S&P 500
IMI ord
JD Sports Fashion
JP Morgan American
JP Morgan Emerging
Lancashire Hldgs
Legal & General
Legal & General UT
Lloyds Banking Group|480
2,533
127
130
2,347
19/10/2022
115
1,121
(503)
1,960
67,865
01/07/2022
(520)
(16,183)
(4,720)
-
-
13/01/2023
175
2,572
(6)
1,325
2,039
174
6,000
46,320
29/09/2022
(1,785)
(12,439)
(4,418)
1,800
19,674
29/09/2022
(400)
(4,124)
(1,144)
470
2,028
15/09/2022
(470)
(2,532)
504
950
2,591
(360)
-
-
01/06/2022
17,900
12,072
03/10/2022
(17,900)
(11,520)
(551)
10,000
4,631
12/08/2022
(10,000)
(4,592)
(39)|||480
2,660
245
2,965
1,440
46,962
175
2,566
1,325
2,213
4,215
29,463
1,400
14,406
-
-
950
2,231
-
-
-
-| 16 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |London Stock Exchange
36
3,010
(170)
M&G Optimal
25,670
24,846
29/09/2022
8,080
6,884
30/11/2022
(89)
(1,158)
Matthews Asian Ex-Japan
770
10,526
(1,255)
Melrose Industries
-
-
24/06/2022
1,660
2,554
166
ML Capital Asset
116
12,554
(120)
National Grid
340
4,117
(278)
NatWest Group
-
-
09/12/2022
960
2,516
10/01/2023
480
1,318
(57)
Ocado Group
125
1,539
(906)
Pimco Dynamic
900
12,357
(783)
Pimco Global
1,400
17,402
29/09/2022
(1,400)
(15,190)
(2,212)||||36
2,840
33,750
30,483
770
9,271
1,660
2,720
116
12,434
340
3,839
1,440
3,777
125
633
900
11,574
-
-| 17 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |Polar Capital
Prudential
Relx
Renishaw
Rio Tinto
Shell Plc B ord
Schroder Investment
Segro
Smith(DS)
Smiths Group|900
12,573
30/06/2022
4
(1,030)
275
3,117
(84)
125
3,056
225
62
2,376
(87)
140
8,568
(1,172)
400
8,484
29/09/2022
110
2,471
1,096
205
37,097
29/09/2022
(60)
(10,731)
(1,479)
225
3,097
(1,395)
700
2,237
(84)
190
2,639
16/05/2022
(135)
(2,040)
17/05/2022
(55)
(831)
232|||900
11,547
275
3,033
125
3,281
62
2,289
140
7,396
510
12,051
145
24,887
225
1,702
700
2,153
-
-| 18 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**| |---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**|**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**||**Nominal**
**Holding**
**Market**
**Value £**| |Standard Chartered
-
-
12/08/2022
445
2,701
36
Taylor Wimpey
2,650
3,548
(542)
Templeton Emerging
8,600
13,330
(585)
Travis Perkins
182
2300 16/06/2022
(182)
(1,828)
(472)
Unilever
100
3,537
29/09/2022
25
1,024
800
UK Gilts 0.125% 31/01/24
-
-
12/10/2022
14,900
14,189
12/10/2022
(4)
276
UK Gilts 4.75% 7/12/30
11,500
14,464
(1,847)
UK 5% Snr Bds 07/03/25
-
-
29/09/2022
14,000
14,281
29/09/2022
(44)
111
Unite Group
255
2,971
10/01/2023
(255)
(2,387)
(584)
Vanguard
170
17,884
17/11/2022
100
9,186
16/01/2023
(32)
(2,176)||||445
2,737
2,650
3,006
8,600
12,745
-
-
125
5,361
14,900
14,461
11,500
12,617
14,000
14,347
-
-
270
24,862| 19 ## **The Oldham Foundation Notes to the Accounts Continued Year Ended 5 April 2023** ## **10. Schedule of Investments - Quilter Cheviot Account** ||**At 6 April 2022**|**At 6 April 2022**|**Acquisitions / (Disposals)**|**Acquisitions / (Disposals)**|**Gains /**
**(Losses)**
**£**|**At 5 April 2023**|**At 5 April 2023**| |---|---|---|---|---|---|---|---| |**Description**|**Nominal**
**Holding**
**Market**
**Value £**||**Date**
**Nominal**
**Holding**
**Acquisitions /**
**Retained**
**Income £**
**Disposals £**|||**Nominal**
**Holding**
**Market**
**Value £**|| |VH Gbl Sustainable
Veritas Funds Asian
Vulcan Global Equity III
Whitbread ord
3i Group
**Grand totals**|10,561
11
252
90
220|12,356
9,869
31,575
21/06/2022
(252)
2,583
3,076
**619,512**
**page 6**||(1,879)
(1,011)
(23,231)
(8,344)
54
586||10,561
11
-
90
220|10,477
8,858
-
2,637
3,662
**535,977**
**page 6**| |||||**116,414**
**(147,804)**
**(52,145)**|||| |||||**page 5**|||| 20