Registered Charity Nunthr. 283162
Oakfield {Easton Maudit) Ltd
(Company Llmited by Guar3ntee)
rruste• Annual Report and financial *tement
For Year Endin8 AuBu5t 2023

Contents
Report ofthe TrUSt￿S
Page3tog
Report of the Independent Auditors
Page 10 to 13
Ststement of FÉnancial Activitses
Page 14
Balance Sheet
Page 15
Cash Flow Ststement
Page 16
Note of Financial Ststement
Page 17 to 32

The tNstee5. who are asso directors of the chartty for the purposes of the Companies Act 2{￿￿,
present their reportwith the fJn2ncial ststements of the chartty forthe year ended 31 August 2023
The financial statemèftts comply with the Charities Art 2011, the Companies Act 21x6. the
Memorandum and Articlès of Association. and Accounting and Reporting by Charities: StBternent of
Recommended Practice applicable to chaffties preparing their accounts in accordance wilh the
Financsal Rèporting Standard forsmaller Entitles.
REFERENCE AND ADMINisfK4TIVE DEfAILS
Oakrield (Easton Mauditl Ltd is a charitablÈ comp3ny limited byguarantee. incorporated on 24th July
1981. and regt5tered a5 a chartty on Il" September 1981.
The Company wa5 established under a Memorandum of Association, which established the objects
and powers ot the diaritable compary and is governed underArticles of Association as amended
April 2021.
Re8istrat*)n with the CQC (Care Quatity Commission). CQC Provider ID..1101652301
Board of Tntstees 202212023
The members of the Board are Trustees of the Charitsble Company and Dirertors forthe purposes of
Company Law.
The followingTNstees held office duringthèyear.
Mrs. Sara Morrison- Chairperson
Mr. Clive Reeder-lfice Chair
Mr. lan Metcalf-Trustee
Mr. Alan St3pleton-Trustee
Mr. Ric￿ard Wood-TrustÉe
Mrs. Claudia SJabon-Trustee (appointed 17January 20241
Règisteréd Offitè
Easton MaudFt
Wèllingborough
Northamptonshire
NN29 7NR
Audttors
Cotton Accountènts LLP
Ststutory Audr(ors
l Billing Road
NorthamptonshÈre
NNI SAL
8ankers
National Westmirbster 88nk Pl¢
40 Market Street
Wellingborough
Northants
NN8 IAD
Solicitors
Borneo M3rtè11 TumerCouL%tr)n LLP Solicitors
29 Billing Road
Northamptonshire
NNI 5DQ

STRucfuRE, GOVERNANCE AND MANAGEMENT
GDverning document
The ChaTÉty is a company limtted by guarantee and t5 constituted bythe MenK)randum and Articles of
Association of the Company. The TnJstÈesof thecharity consist of both professional and local people
with knowledge of Compafty Law. All major decisions of the Charity are made by the Trustees/8oard
of Directors. The Charity's risk pollcy Ss reviewed regularN* and fom)sthe basis forthe reserves policy
shown in the firtancial rewew.
Recntitment* appointmenL andtraining of ttÈw truthes
New Trustee5 are 5elerted based on the skills and input they can contribLrte to the Board. Candidates
are provided wtth an explanation of Oakfield's aims and obje£ttves induding Trustee duties and the
time commitment invofved in being a Trustee. This is followed by a toui of the Easton Maudit and
Yardlèy Hastings seTvices and an introductÉon to the people we gjpport and straff. Potential Trustees
are invited to become members ot the Company Oakfield (Easton Mauditl Limited and to undertake
to be bound bythe provisions sÈt out in the Articles ofkncration.
An infomiation pack. conslst4ng of a ¢opy of the Articles of Association, mrnute5 of previous meetings.
detsils of future meetings and an invitstion to attend the nèxt Trustees, meetin& is issued. This
pmvides an opportunty to meet the exi5Ling Trustees and to become acquainted wtth the modus
operandi of thè orgarri23tion.
Following satisfactory references, DBS check and fomial appointment to the Board. Trustee5 are
provided with copies of the relevant Charity Commission guidelines. They also receive a copy of the
DirÉrtors' Responsibilities asset outin theCompanie5Act2006. Copies of the managerial and financial
Feports for discussion at meetings are issued OE￿ week prior to the meetings.
On an ongoing basi5,Trustees are keptabreastof any updatss in legislation, guidance and pollcy news
published by the Charity Commission and Companies House and they are expected to take a regular
Inte￿5t in. and be familiar with, the attivitses undertaken at Oakfreld. They are also encouraged to
attend any cout5es deemed to be relevantto the role they fulfil on thè Board.
Members of the ChafftablÈ Q>mpany guarantee to contribute an amount not exceèding £5 to the
assèts of the Charitable Company in the event of wtESding up. The total number of guarnntees as of 31
August 2023 was 12.
organi￿tIOnal Structure
During this financial year we have not FecEuitett any Tru5tee5. however neither have any resigned.
Strengthening the board of Trusteès is a matterwe keep hith on ourllstof prloritie& Ideallywewould
Ilke 7 or 8 Trustees and contir5ue to vKJrktowards achievingthis goal.
In March 2023 we renamed our Operational Manager as Charity man3￿r. She ha5 continued to
develop what we do in line with the 5-year strategic pian Trustees set out in 2021 and published on
our website under the'governance, tsb.

We have strengthened our quality a55ufzFtce and appointed one person to undèrtakè our regular
auditing. In additK)n to this the Registered and Charity Managers both carry out monthly audits of
both services providing a high level of ovetsight and reassurance to Trustees.
This year therÈ have been changes to legislation in relation to people who require specialirt housing.
We have been stspp¢rted by colleagues in the l¢xal councib and now have a clearer understanding of
whatthat means for Oakfield. In essence although we will continue to adhereto the vtsion andvalues
set out by our founders we Deed to Ènsurè that the business is OWdnized to meet the requirements
of new legislation and standards remains frt for PUfP05e and compliant
OBJECTIVES AND AcnvmES
Charity objectives
The objective of the Charity is the running of Oakfield (Easton Mauditl Limtted, which comprises two
seNices for adults with leaming and physical disabilitÉes and in need of special support. The Charity
aimsto promote and develop the independentlivingskills tsf the adults it support5 and to provide them
with educatitinal and sheltered workplace opportunities within the community, thus enablingthem to
ad fullerand more meaningful lives.
Public benefft
The Trustees/Directors confirni that they have complied with the duty in Section 4 of the CharftlesAct
2006 to have due règard to the tharity Cornmission's general guidance on public benefit.
Stscial Investments
Oakfield (Easton Mauditl LimTted does not rely on any voluntsry SLEPPOrt for the PrO￿$￿)n of agreed
care to reswJents/tenants but èmploys permanent staff with appropriate qualifications. The Charity
revjew5 all fee income from the placing authoritses as rÈqulrèd. and more regularly if there is shown
to be a change in the neèds of the people we supporL
Voluntsry help
Donations have been re￿IVed for much needed capital equipment refurbishmènt costs, the day
service and the Opportunity and Support fund. Thanks are due tts Compton Estates fortheir contlnued
support.
Information and education
Focused and relevant staff tralning has bèèn, and continues to be. sourced both intemalty and
externalty and senior members of staff are encouraged and stjpported in the delivery of in-house
training. Trustees are invited to partiupate in staff tratning sessions to glve them a greater insight
into the daily njnning of the serwices.
FundraIsI￿ & PR
Our Fundraiser heads up ourfundrdistngto developthethartty and the live5 of the people wesupport
at Oakfièld. All nTh)nies raised have been used towards thè designated a￿a of funding. Salary costs
are covered bythe business.
Aciivities
In September 2022, work to complete the next 3 flats at Easton Maudkt started. Thi5 phase of the re-
development plan created 3 flats in forEner unused offices and a communal sp2ce on the first floor.

thof
We were delightedthat 3 ofthe peoplewe support moved into their newfiatson the 5 May 2023.
tt was a memorable day. Th)t least thÈ Èmotiori of witnessing 3 people who have lived in a residential
setting for many years mo¥e Énto their own homes with a tenancy and the same rights and facÈlities
as any othertitittn.
Staff workèd hard to ensurèthatthe transition was as smooth as possible and although some people
to¢k a little longer to settle in than others the outcomès they havè achieved in a short time a
beyond all expect)tlon> With support people are now doing their own strK)ppin& washing, and
preparing meals. One relative wrote to Trustees stating that she never thought her gon would make
her a cup of tea in his own flat We have ptjblished a pa8e on ourwebsite wrth testimonies from the
people themselves and thèlr keyworkers who have supported them through the process.
In the Autumn of 2022 in addition to the redevelopment work we continued to Mxprove the Easton
Maudtt building. We replacedthe cer¢tral heating boilersand fire alarn) system and contintsed r￿ular
re-decoration and refvrbishment as required in a large building. Irr the SLSrrtrwner of 2023. we re-
decorated au the communal areas of the Yardley Hastings building and replaced some of the
ttjmmunal furniture. It did not seèm 7 years since the building had been developed however time
passes quickly and we want to maintain the samè high standards throughout
Our gardenerlgrounds man continued to work to improve and malntsin the grounds at both sltes
along with the help of dedicated ¥olunteers. We remain indebted to Dave and Carol who very
generously give of their time, particulady at Easton Maudrfc and Gill and Janewho have adopted the
peace garden atyardley Hastings and continue to maintain ar¢d devekp it. The volunteers have had
such a positive impact and along wrth the gardener have created a wonderful outdoor space for all
the people we support to enjoy.
We have continued to promotethe Oakfield charity and in addttron to apptyingforgrants fromTrusts
and FOUndat￿n5 have introduced smaller more lordl fundraising schemes. A pop-up charity shop
hek* once a month at our Yardley Hastings site has proved very successful. we have regular
supporters who purchase our goods and enjoy a drink and a cake.
Another exciting development this year has been the introduction of our'seed to Plate. projert and
Care Farm. In May we recruited a Managerforthe Day Opportunity service and in eaFlyJune installe
a portacabin which has become a learninghub. In addition, donations allowed usto lay pavingwithin
an existing potytunnel and purchase another poly tunrsel which Wbll have raise(I bed5 to grow
produce. Several of the people we support attend sessions atthe day se￿1¢e alongwith people who
live elsewhere. We have published information on ourweb5ite in respect of the projert and posted
pittures of people enjoying Zctivrcies and making various items for the animals for sale.
We continue ta remain extremely grateful to the 5UPPOrt we have receFved fFDFn Indlviduals, Trusts
and Foundatlons Funding Authorities and other external people who are interested in what we do.
We walue all our partnersand know that byworktngtogetherwe can achieve what may have seemed
unachievable.
FINANCIAL REVIEW
F￿ed assets
The movements in the fixed assets durtng the financial year ère set out in the notes SUPFrt)rting the
financial infomjatitsn. HoWe￿r, thè TnJstÈÈs bÈlaeve that the turrent markèt valuè of the bulldings
continLEeS to exceed the book value.

Flnantrèl Review
The Chaiiws policy statement of finanaal management is to ha¥e sound finance management
throLtghouttheyear. In September2022 the Finante Manègerleft ouremploy.Trustees reviewed the
options and have contracted with our Èxtèrn31 accoLtntsnts to provide accountancy Servi￿S. In
addition. the Office Manager has beèn trained to cary out many of the bookkeeping functions. We
have continued to work to strengthen the various processes which were previously in place,
maximizing use of the accounting package and replacing outdated and cumbersome financial
arrangements.
PrÈncipal sources of our operat*)nal fvndlng are the placing authorithes, and expenditure 15
ommensurate with the provis*2n of a high standard of care WFthin a warn), homely environment.
However, to justify requests for In¢￿ased fundin& it is netÈtsary to itemize charges for pwple we
cère for, and to Carry out reassessments of each of their nee(Is. Thi5 is particularty relevant as the
resldent population ages, and the demands on stsff become more complex. Fartors othside the
Charity's control are the potential loss of inttjme resulting from placing authorities, non-repLi£ement
of res*Jents and changes in government policie&
Tho financial year 2022-2023 was again an extremely challenging period for Oakfield. oakf￿[d
ontinues to experience the upward pressure on our costs. especially stsffing costs. Increa￿S to the
National Living Wage. the need to keep parity betsveen intemal staff pay leve15, the mandatory
'Autom2tic Enrolmenv pension contributions and inflationary pressure5 from our other suppliers
rèmain challenging issues. The trustees have a150 Strived to reward thè èxcellent work done by the
care staff over this very drfficult peritsd. We have worked closety with the County Councils and other
fvnding authoritres to maximize the ftJndin8for care 2nd accommodation provSded.
At the end of August 2023, the Supported Living Centre at Yardley Hastings had 11 tenants and I
vatancy.Thè Eag(on Maudst fdre home continued taaccommodate 10 residentsand 6tenkntsaswork
to upgrade six areas inttj supported living flats in the property was cgmpleted and these octupièd.
Generous donors have made the conversion to supported living accommodation possible and durrng
the 2022-23 financial yèar £345.286 was received by Oakfield which includes fijnding for f(Jrther
a¢¢ommodation convÈrslons into supported INing apartments in 202>2024.
Overall. for thè year, the Charity athteved a totsl operational income lirscome excluding Donationsl
2023 _ £2,266,72912022- £1078,7571 which was an increase of 9.04%. Costs were hezvity managed
bLrt some unexpected major repairs to the Easton Maudit property were inc4JrrÈd, and expenditure
was £2349.42212022- £2.099,6431 an increase of IL9%. This resulted in a net lossof £82.693 forthe
vear. Qur cash reserves. however, remain robust.
Costs included the acquÈ5ttion of several agenry care staff to cover for shortages caused by the
pandemic which will hopeful￿ be reduced in coming months.
Payroll costs coTrtÉnue to be the major element of expenditure Trn the charty, and Tru#ees are aware
that the increase5 caused by movements in the National LNing Wage will a￿ayS pruvide a major
finanaal challenge to the business
Reservs Poltcy
The Charitièg reserves at year end stood at £L915.044 with most of the reseNes tied up in the
bU￿ding5 at Yardley Hastings and Easton MaudiL
Cash reserves are reviewed monthly, and Oakfield are focused on Increasing the cash reserves t

reflect the Charitys flfture needs and for contingent￿S and unforeseen costs. A primary area of focus
is the coltection of the debtors, book. and this is managed. The Chartycommission does notgive
set tsrget or range of reseNes that are ￿quIred- however, Oakfield aims to have at lèast 2 months
running costs as cash reserves. In May after extenslve ￿earch and referen¢e to cther charities. the
Trustees a￿ed to seek a better return forthese cash reserves and have placed £2ffI.O￿ with M&G
in their Charities Fund. The M&G Charrfund ctjrrently yields a dividend in excess of 6%. The London
FfsE has a current yield of rirca 3,5%. The value of the M&G Charifund does fluctuate as it is invests
primarily in the London ￿sE. At the year end the value had fallen to £192,297. The intent is to hold
the funds wtth M&G Ch2nfund as a long term investment. However rf Oakfield does have need of
these ￿ndS they are available with a 24 hour notice perKsd. The Charity continues to revt¢w the level
of reservesto ensure they represent suff￿lent cover for any future liabrlitles and contingentiès.
Future Plan
OakfFeld is planning on 2023-24 being a yeai when we finalize and embed the changes identified
from the review of the Company structure and continue to push on with thè artions ideratified in
our 3-S-year strategic plan.
We are committed to raising the ￿ndS to continue with the upgrade of the Easton Maudit
building and to continue to develop the grounds to make this a lovely space for all the people we
support to use and enjoy. In addition to developing the Day Op￿￿tUnIty service. Seed to Plate
and Care Fam) projects.
We will continue to develop the grounds at Yardley Hastings providing a community garden for both
the people we support and thè l*xal community. It is our intention to increase our partnership
ne￿rkS and create a new Marketing strategyto iTnprove our profile. Oakl￿t￿ remains commttted to
being a prowder of Choi￿ and to influence the market.
TRUSTEE5 RESPONSIBILITYsfATEMETrrr
The TnEstèÈs (who are also the directors of Oakfield IEa5ton Maudit) LÈmited forthe purposes of
company lawl, are responsible for preparing the Report of the Trustees and the financial
statements in attordancè with applicable law and UnSted Kingdom Accounting Stsndards IUnFted
Kingdom Generally A￿pted Accounting Practice).
Company law requires the trnstees to p￿pare financial statements for each financial year which
give a true and fair vièw of the state of affairs of the charitable company and of the incoming
resources and appllcation of resources. including the income and expenditure, of the charitsble
company for that period. In preparing those finanaal statements, the trustÈÈs are required to..
selert suitable accotfrFrtTrng policies and then appty them consistently.
observe the methods and principlès in the Chaiity Statement of Recommended Prartice.
make judgements and estimatesthat are reasonable and prudent.
prepare the financial statements on the going con￿rn basis unless it is inappropriate to
presumè that the charitable company will continue in business.
The Trustees are responslble for keeping propèr accounting records. whith disclose with
reasonable accuracy at any time, the financial position of the charitable company. and to enabSe
them to ensure that the fEnancial statements comply with the Companies Act 2006. The¥ are also
responsible for safeguarding the assets of the charitable company and hence, for taking
reasonable sreps for the prevention and detection of fraud and other Irregularities.
srATEMENT AS TO DISCLOSURE OF INFORMAnoN TO AUDITORS

So far as the trustees are aware, there is no relevant information las defined by Section 418 of
the Companies Act 20061 of which the charitsblè company's auditors are unaware, and each
trustee has taken all the steps that they ovght to have taken a5 a trustee in order to make them
aware of any audtt information and to establish that the charltable companvs auditors are aware
of that infomation.
ALIDITORS
The auditors. Cottons Accountants LLP. wlll be proposed for re-appointment at the forthcoming
Annual Gefteral Meeting.
This report has been prepared wtth the special prowsions of Part is o* the Companies Act 2006
relatingto small companies. Approved by order of the board of trustees on
signed on its behalf by:
Zl. 3.24.
and
M￿. Sara Morrison- Chairperson

OAKFIELD (EASTON MAUDIT) LIMITED
INDEPENDENT AUDrroR'S REPORT
TO THE TRUSTEES OF OAKFIELD (EASTON MAUDIT) UMITED
Opinion
We have 8￿jited the financial ststements of 0*[￿￿j (Easton Mauditl Limited {the 'char￿} tr the year ended 31
August 20Z3 whictrt comprise the ststemeni of finanaal activrries, the balar￿ sheet, the ststement of ￿5h flows
and notes to the fin&naal staternents. induding signthp2nl accounting policies. The thiarlcial reporting fra￿￿work
that has been ap￿1￿ in their preparation is ap[Aica￿e Jaw and United +angdom Acaxjunting Standards. induding
Financpl Reporting Standard 102 The FinancFal Rewrbng Stèrjdartl èpplicab16 in Ihe UK Ènd Republic of iTrland
(United ￿ngdoM GeneraItyAccePt￿ Accounting Pfacticel.
In ouropinion. the ffinanaal Statements..
give a twe and lasr wiew of Ihe state of the charrtat4e compatys affairs as at 31 August 2023 and of its
in(oming resources and ap￿[cation Ofre50ur￿. forthg year Ihen ended..
have been propwly prepared in a(xx)rdance with United lfjngdorn GEr*rally Accepted Acc£Junting PractiC8"
and
hwe been prepaFeLI in accordance wth the requirem￿$ crfthe CompaniesAct 2006.
Basi5 for opinion
We condu(knJ audit in a¢rA)rdarKe wilh InteFn8th?nal Stand8rds Audrting (UK) {ISAs IUKII and applicable
law. Our responsibl] ties under those standards ate further desuit)ed in the Audttofs rèsponsitHlthès ftir the auLYit of
the IFnartial sfatements s￿•0￿ ol our reporL Wè arè independent of the charity in aco)rdance wth the ethifxl
requirements that are rdw4nl to ow audit of the fjnancial statemènts in the UK. induding the FRC'S Ethica]
Standarf, and we have fvlfilled our other èthical r8sponsibdities in aC￿rd￿¢￿ with these requirernents. W8 b8f18V
thal the audit eviden¢e we have oblained is sufvient and appropriateto provlde a basisfor our opinion.
Coneluslons relatlng to goFng ￿ncern
In auditing the ffinanoal slatements, we have conduded that the trusleeg of the going tYj￿￿[n basis of
ac(ountin9 in the preparation of the finandal statemgnts 18 appropti8t&
Basèd taft th* work we have performed. we have not iderstifkd any material uncertainties refats'ng to gvents or
Co￿li￿On$ thaL in¢*vidualy or c(Alectivety, may ￿t swnifi13nt d(Trubl on 1he charity's ability to ¢xntinue as a 9oing
¢ortem for a period of at least iwefve months from when the finanoal siatements are authorised for issue.
Our respOnS￿lI￿￿eS and the r&s￿￿$Tbl1it1&s of the trustees resr*d to going concern are described in the
relevant sedions of this
Other infonnation
The olh8r infom)ation ￿MpTiSeS the information indude(l in the annual report othèr than the financkl statements
and our auditorfs retxjrt thereon. The trustees are reyn&bte for tho other infottnation ￿)￿trIned vrithin the annual
reporL Our opinion on the finanoal staternents doBs not coverthÈ other infcKrnation and do not express anyform
of assurarre wr*dusion thereon. Our responsithfty 1$ t) read the olher informalton and. in dO￿g so, consider
whether the olher informalion is materiamy ￿)conSIstent wth 1hè finanaal statements or our knovledge obtained in
the u)urse of the audii, or othewse appears to be Fllaterid￿ misstated. If we identtty such material inconsistenctes
or apparent Material mtsstalements, we are ￿Uired to dÈtermin* whether thts gives rise to a material rrdSSt8temènt
in the finanoal statements themsdves. If, based on the work we havè {￿f0m￿d. we corthjde that there 18 0
material misststement of this other infomwtion. we are required to reportthat facL
We have notNro to report in this regard.
Matter8 on which we are require(I to rep)rt by exwtion
We have ￿thing to report in resFect of thÈ fdknwing matters in reLaUcffi to whhth Ihe Ch8rib&s IAco)tsnts and
ReporLsl Regulations 2008 Fwuire us to report to you rf. in ouroFénitin'.
the infom)ation giv￿ in the finanoal statements is inconsFs￿nI in any material respect the Injstees.
report", or
suffioent attountiThJ recorts have not been kept: or
the finanu21 stat￿ents are not in agreement wth Ihe awounting reco￿$. tsr
we have not recetved all the inlormation and explanations we requi￿ f￿ ouraud
10

OAKFIELD (EASTON MAUDrr) LIMITED
INDEPENDENT AUDThOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF OAKFIELD (EASTON MAUDrr) UMITED
Responslbllities of Irustees
As explained Y￿e fijlly n th¢ statement of In&es' ￿ponsIbIliti&$, the trustees, who are also the direc*ors ofthe
chanly for the p(trp05e ol (x>mpany law, are responstble for the yeparation of the finan￿al ststements and for being
Sa￿Sfied Ihat they give a true ond fair vpw. snd for such intefrol LX)ntrol as the tNStees delermine is rE(EsEary lo
enable b)e preparation of financial statements that are free from material misstalemenl, whether due to fraud or
effor. In preparing the financyal staternents, the tsijstees are responsibte ftr assessing the Charity's ability to
continue as a goM)g conr*m. disek)sing, as appI¥￿ble, matteTS related to going concem and the going
c¥Jncem basis of acwuntiwwJ unless Ihè trustees either intend to 1Èqu￿at￿ the charitable company or to
opwattor4 QF have no realistic atemativg but to rjo so.
Audttorf¥ respon$ibiffti•s for the audit of the fina￿la1 statejnents
We have b*n 8PPONrtèd as auditor under section 144 of th8 charit￿s Act 2011 aNI rgFrfXt sn acc4Ydar￿ wtth the
Actand relevant wegulations m*Jè or having effecttherettnder.
Our objecoves are lo obtain reasorob]è assurance atrrfjui wl)ether the finafteAI statements as a whole arè from
materk81 misstatement. whether due to fraud or effor. and to issue an auilitots ￿port that iThdudes our opinion.
Reasonable assurance is a h¥h level of assurants but is Th)t a guarydntee that an gudil condurted in 8ccordarKe
wrth ISAS (UK) will ahyays detect a material mL%ststsment when it e￿$ts. Misstatements can arise from frdud or
error and are (x)n*deTed matgrial rf, Indtviduamy or in the ajgregate. Ihey cO￿d reawnaity be ex1￿cted to imluenre
the ecoTr)mic decisions of users taken on the basis of thesè fr)a￿al $tateTnents.
The extent to ourproc*duresar8 capable of deteciing irregubrilies, ￿dUding fraud. i% detaiw b8knw.
11

OAKFIELD (EASTON MAUDIT) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF OAKFIELD (EASTON MAUDM LIMITED
Irrogularfes, SndudirwJ ftaud, are in5taw of norFa)mplK8nce h￿th Eaws and regulation& We dèsign proc•dtsres in
Sne with wr responstbilTt¢es. oulJin&J atthie, to detect matenal mIsstat￿ents in resptttt of Yregularibes. indudirg
fraud.
The ¢xterrt to whith our prxydures are ¢8pabie of deler*ng irregularilies. induding fra￿￿, is detailed beh)w.
Our approath to idenbtyng and assessirw fhe risks of rnatgrwl Tllisststemellt in respect of ￿reg￿rities, induding
fraud ar4J non-compliance with laws and reguFations, was as follows".
the engagemont partner ensLtred thal the engagernent tearll colleL*Nely had the appropriato corn￿￿n￿,
capab￿￿tieS and skrfb to identfy or recognise norpo)rnpliancewilh appScable18ws and reguk8tions,'
- we Id￿til￿) Jaws and regulations applicable to conpany through discussKJns ￿th dlrectors aYKJ oy
management and from our commercaal knowkd9¢ and exp￿¢n￿ of th¢ Gornputer comporlent manufactutfng at)d
upply sector
- we f￿￿Sed on St￿1￿C laws and regulaticn5 whith we COn￿d￿Ed rrw have a dwecl Materi￿ effect on the
financial statements or tr* oper*iDns of thè company, indurfing Companies ArA 2(106 and heallh and safety
legislation;
- we assessed the ex￿1 of eompliance whh and regulations identifieil above through rnak￿9 enquiries of
management and inspecting legal correstM)nden(%', and
- Klentifred laws and reguJ8tions werè commurw(2ted wthin the audit team regularty and the learn remaineil a]ert to
InStsn￿ of non-complk8nre throughout the aud
We asse55ed the sUsc*ptit￿1ty of the (x)rnpanYs ststèments to materiaj misstatemen¢ inchjding obtsirun9
an Unders1￿ding of howfraud might occur, by.
- makiF]g enquirie$ of management as to wh￿￿ thay consKlèrsd It￿e was suscepts'knlty lo fraud. Iheir kno￿ledge of
actu31, susperhd and all89￿ frdud: con9d￿ing the internal ¢x>ntrols in p]81? to wnitigatè risks of fraud and non
ornpliawKe wtth laws and regulati(y￿.
To address the risk of fraud thmugh management bias aThJ override of wttrols. we:
- perfomied anal)￿t￿l procedures to identify 8ny Unusu￿ or Un8X￿ relationships;
- tested joumai entries to identify unusual transactions",
- assessed whetheriudgements and a￿um￿onS madè in detemiiiing the ar￿Unting estim*s We￿ indutive of
potential bias:
- invesligated the r8tiorr81g bèhind ￿nificant w unusual transactions:
In response to 1h8 1?sk of iffegulathes al￿ nonwC4)mF4wco wth laws and regulatirJ)s, we deygwl procedures
vthich induded. but were not limited to..
- 89reeing statement di￿reS to underlyTry supportino doujmentstion",
- reajing the minutes of rneetings ofthose ¢fKarged with governance..
- énquTring of managen*nt as lo actual and potential lits"yation arKi daims.
- r¢v¢wtng aJrres5xJThJence with HMRC, relevant regubtors *d the CON￿an￿$ legal adviso
Th8re aB Inhe￿nt limitat#)ns audit procÈduras at4)v& The rKJre removed and
regu￿tIOnS are frorTr finanual transaction5, the less liw it is Ihat we would becomè aware of nOr￿0MplianCe.
standards also limit the audit procedures requirèd ty identify norKornpliance wth kn¥s and regufations to
èwuiry of the directors and otragr rnarwJernent and the of regulatory and I￿al CO￿espC1xIen¢e. ifany.
Material misstaten78nts that arise due to can be harder to dttact than those that aii5e from error as they may
nv(Ave delibernte Con￿￿Tren? orcdlu£icw).
A further dowptron t3f uur respor¢lbllities is aydiiablg gn th? Firta￿a ReporUng Counc4's wfjbsit8 at. httpsjl
www.frc.org.ukJauditLySrewibT￿the￿ Thi8 description fomis partof ourau¢Jitofs report
Usa of our report
This ￿pOrt is made to the charity's trustees, as a body, in al*￿dance with part 4 of Ihe Charities (Accounts
arKI Reports) Regulab"orts 2008. Our au¢*t work has been undertaken $0 that we rnight ststè tr) the Charity's trustees
those mattws we are required lo state to them ￿n an auditors report and for no other purpose. To th8 ￿leSt èxtenl
pemiitted by law, we do not aecepl or assume Fesponsibilty to aryon8 Oth8r than the charity and the c*arity's
tfustses as a body, for au(tht work, forthis report, or for the opNiions wè have fomied.
12

OAKFIELD (EASTON MAUDtn LIMITED
INDEPENDENT AUDTTOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF OAKFIELD (EASTON MAUDtt) Lll•llTED
David Ingran FCCA(S•ni*YStabil•ryAuditorl
30th April 2024
Northampton
NNI SAL
s auditor ofa t$￿￿￿ÉY wJdersectb)n 1212 céthe CompaTheSkt2￿J&
13

OAKFIELD (EASTON MAUDIT) LIMITED
STATEMENT OF FINANCIAL ACTIVMES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2023
fund$
2023
fvnds
2022
fvnds
2022
2023
2023
2022
Income Hnd endowmerts from:
Donalions and legacies
h8rita14
qbes
Income f￿M charitsble
activths
326.994
21.674 348.668
141,364
127.814
269.178
2.240.
2,2410.966
2,078,556
1078.556
Fundraising events
Olher trddiffj activtbes
OtheT inEX)me
1.017
871
23,683
192
1.209
871
23.683
200
200
Total inwne
2,593.531
21.866 2.615,397
2,220.121
127.814 2J47.935
h8ritaNe actmti
CharitaLle actvitie5
2.3￿.261
19.972 2.342,233
2,039.895
59.734 2.og9.629
Other eXp￿di￿Are
12
6,688
7,188
14
14
Totsl expendthJr¢
2,328.949
20.472 2,349.421
2.039.909
59.734 2.099.643
264.582
1.394
265.976
180212
68.Q8CI
248.292
Transfèrs between
frJnds
51.080
151.080)
Other reeognSsod
gaitts and losses:
OlheT losses
14
(7,T03}
f[,703}
Nèt mov¢m8nt in
funds
307,959
(49,6861
2S8,273
180.212
68.Q80
248,2￿￿
ReCo￿lI1allon of fund*"
Fund balances at 1 September
2022
1,548.199
108,572 1.656.771
1.367.987
40,492 1.408,479
Fund balances at 31 August
2023
1,856.158
58,886 1.915.044
1.548.1Yg
108,572 1.656,TTI
The ststernenl offin￿rya1 athib¢s Ind￿leS all wdins ar￿ losses re¢xgnised in the year. AH income and expenditu
d8Tiv8from o)nlinEting acbvities.
14

OAKFIELD (EASTON MAUDIT) LIMITED
BALANCE SHEET
ASAT31 AUGUST2023
2022
Not*s
￿￿ed assets
Tangible assets
Investments
15
16
1.380,747
192.297
1.197.805
1.573,N4
1,197,805
CunEnt assets
Debfors
Cash at bank and in hand
17
294,472
387,107
204,062
738,379
681.579
942.441
Creditors: fallin9 due within
one yeaT
19
295.099
359.160
Net cuwentassets
386.480
583281
Total assets le￿ cu￿¢nt IlabHltles
1.959.524
1.781,086
Creditors: amounts falling due after
more than one year
20
{44,4801
1124,3151
Net assets
1,915.044
1,656.771
Thè fvnds ofthe charity
Restri¢ted ITr￿)￿e funds
Unrèthctèd fuThJs
21
58,886
1.856.158
108.572
1,548.199
1.915,044
1.656,771
The company is entitled to Ihe exemption from the audit requirement ¢￿tsined in section 477 of ￿ Companies Act
2006. forlhè yearend￿l 31 August 2023. alttrK)ugh an audit has been catti8d out ￿nde[ sectK)n 144 of th8 Chartbes
AcX2011.
The dKect(Ks ackn()￿￿{jg8 their for (withing with the T8quirernents of the Cvmpanies Act 2006
th rèspect to accounting records and the pr•paralton offinat7oal statements.
The membern have not reqTJired the company trj obtain an audit of its finanoa statements uThYer the requ1￿M￿lS
ofthe Q)rT1pani￿AfyI 2006. foFth8 ye8r in question in wilh secbon 47&
These finanaal statements have been prepared in aC￿rdan￿ with the provisions appltcable to compan￿$ subject
to Ihe small companies regime.
27.3.z
The finanrAat statgm$nts wer¢ approved bYtr￿ trustses Qn .........................
Mrs S Moniso
Company regkthtion number 1576142 (Engiar￿ aELd Wales)
15

OAKFIELD (EASTON MAUDIT) UMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2023
2023
Cash Ilows frt)m operatln9 athiti8s
Cash generated from opgrations
223.587
252.146
lttv•stsng actlvltles
Purchase of taroible fixèd assets
Proceeds fr(rtn thsp05al of tangible fwl
assets
Investrnaiit addition
Investrn8ftt income re￿ived
(268.7341
(67.9931
l(M)
1192.2971
871
Nèt eash used in InvestÈng actlvftles
(460,180>
187.8921
Financing a&ivitles
Repay￿nt of bank k)8ns
1114,699)
159.3931
Nèt cash used in finaneirtg aclivbties
(114,699>
159,3931
Net IdecrÈaseYincr&ise in oash cash
equivalents
1351.272
124.861
Cash an(t cash equivaents at ￿j￿ing of year
738.379
613,518
Cash and ¢quNalents at end tsf ymr
387,107
738,379
16

OAKFIELD (EASTON MAUDIT) UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
A￿?￿n11Thg policies
Charity informknon
08kfield (Easkn Mauditl Limtted is a Company linwted by guarantee and does not have share (apit#L It i%
stered Charity {Registrat￿n Numb¢r2831621 and rnembèrs of the charitable CoTN)aDy guaranlee to
ttjntribute an amount not exceeding £5 to the assèts of the Charitable Cornpany in the evenl of windiryJ sjp.
The total number of guarantee$ at 31 August2022 was 612021: 61.
1.1 Accounting convention
The fjnancaal slatsments have prepared in ac(x)Fd&nce vthh the thariVs [goVerr￿ng dOtsJN￿nt1, the
Companies Act 2006, FRS 102 Yhe FiTr8llCi81 Reportiro Standard applic2tAe in the UK and ROpubj￿ of
Jreland" I"FRS 10T) and th& Charibes SORP "Accounting and Reporting by Chariiies.. Statement of
Reu)mmen¢led PradiL¥ app&￿tsIe to L*aritses preparing their accounts in accordance th the Financk
Reporting Standar(J ap[AiCab￿ in UK and Repu￿* of Ireland (FRS 1021" (effectivè 1 J*)uary 20191, The
tharity is a Pubfj¢ Benefft Entity as defined ty FRS 102.
The ffinancia stst•n*nts are weparad in stethg. whith is the fvncAtonal curenGy of lh8 thanty. Monetsry
amounts in these financial statements ar8 rouThJgJ to the re¥est£.
The firAnual statemw)ts have been prnpared undèr Iho hbtNiral rAJsI ojnvenlion. The prinupal accounting
KX)liues adopted ￿ 88t beb)w.
12 Going concern
At the tiThe of appThing 117e finanrA￿ ststements, the trustees have s rèasonable èxr*¢lakn that thè d￿r[ty
hgs adequatè resources to ctintinue in operalional ￿$ten￿ the foreseeable fU￿re. Thu$ Ihe trustees
continue to ￿0p1 thè going concern bti%s of acwunling in wepari￿ finan￿al ststeEnen
1.3 Charitable funds
unrethic￿j fund$ atè availat4e ts use at the d1styttl￿ of the tru8te6s in fi]rlherance of their tharftab
otiecti"ves.
Designated fisnds are amounts have ba￿ set as4Ye 8t Ihè discrthn uf the Board of Dir¥tors for 8
speafic purpw.
Restricted fuThJ5 are suiiect to speofic cl￿dIti.0ns by donors or grJntors 8$ to how they may be used. Thé
pury)oses and uses ofthe restricled fvnds are set out in the notès to the financial statements.
En(knwMe￿ fvnds are sutyect to SP8tifK ￿nd￿OnS by (b)nors that the capital ttVJ5t be mawttained by the
charity.
The charity does Jxittransler incomè bets¥een restricted funds Wil￿￿t obtsining the express pomiission of the
donors.
1A Incom•
Ino)me is recognlsed when the cha￿ty is iegalty entillgd to il afier any p8rfomwn¢e condili)ns have trRen me¢
th& amounts (xn bp measured fyI￿Y, and ￿t is that ino)me wll be fyc*ved.
Cash donations are re￿￿nised on rwpL Other donalitins are reetsgnlsed once Ihe dwity has l)¢en ￿lfied
of the donatM)n. urdess ￿rfoTrnance CODdth"ons require d2fenal of the 8mwnt. Income tax recoveréble In
relation to donations re￿1Ve[l under GrftAid or deeds of coveTrant is recognised at the time of th¢ donation.
Legacies are reccgnised On receipt or othemse rf the chaiity has been Trot￿1ed of an impending distnbution,
Ihe 8mtyJnt is k￿)￿, rec*4X ss expe(knl. If the amourrt is not kniy*m. the legacy is treated as a
contingentasset.
17

OAKFIELD (EASTON MAUDIT) UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Accouniing pollcles
IContinu•dl
1.$ Expendlturo
EynditurÈ ig r8ccwJnlsed once there 15 a constructivÈ oblytion to transfer bènèfft to a
trurd paty. it is probable that 8 transfer of econom¢ ber*fjts wll be reqvwed in s&tttemenL and the amr￿n1 of
the oblpjation (x) be measufed relawy.
Expenditure d￿fified ty activity. Tho u>s15 ￿ each activty are made up of Ihe tofi￿ of direGÈ and
shared costs, induding suF¢)ort costs uwofved in undertaking each acttW. Direct costs attribu1ab￿ to a sinde
activity Arè allocated dIre￿Y to that activty. Sharèd Costs which Ix)ntribute to ny)￿ than one activity and
support costs hthieh 8Fe fK)tattributabb to a singfe activity aré 8PfXJrtioned betsvgen those activitses on a basis
(x)nsiStant wth the use of Tesources. centr￿ staff costs are allcrt3ted the basis of tirre ￿E￿L and
depre￿ation charytrs are alocaled on the port￿r* of the asseys use.
1.6 Tangwe fixed assets
Tangibk fixed assets are inffjiaty m885ured at and subsequenty rreasured at ¢J)51 or Ydluation, nèt of
dèptsoation and any impawmentlosses.
DepreuatK)n is rec￿niSed so as to wjite off the ujst or rdI(￿tIon Irf￿￿ less Iheir ¥esidual vaknes over their
useful lives on foHowing bases..
L￿g Leasehold
Planl and Mad)inery
Flxiures and ffttings
Motor vehiclès
stralght over80 ye8rs
straigm line over28 years
25% reducing baL8nce
25% reducing balan(
The oain or k&ys arI￿ng on tho dispo¥al tsf an asset is dèt8miined as the drffer6nce btheen thè >le proceeds
and I￿ carying v8lu8 tsfth• asset, and ss recognis&Y in Ihè statsment offitpnGial a￿￿￿"e&
1.7 Flxed asset investments
Flxed asset investrnents initialty measured at transo￿lon price ex(*J(ling tsaNsacbon costs. and are
subsequentty measured at fair walue at e8th reporting date. Changes in fair value are fecognÈsed in net
incomellexp8ndfiurel forthe year. Transaction (a)sts are expensed as incUrr￿J.
1.8 ImpaÈnnent of fixed assets
At reportin9 date, Ihe ctiarity the caryr#J aNv)unts of tsragible awts to d8tem)in
wheihw th8re is any indication that those assets have stfftered impaiment loss. W arry suth indication
e￿$ts, the recoverab￿ SMC￿nt of the asset is eslimaw in order to deternine the extent of th¢ impaimient
loss Irf any).
1J Cash and cash èquFvalents
Cash and èquivalents indvde cash in hand. depostts held at with banks, other 5h(*t4ern) liqvid
invesknènts with ortginal matuthies of three montfts w less, Ènd bank overdth. Ba)k overdrafts aw shown
thin borrowngs in rAJrrent Ikabth'ties.
18

OAKFIELD (EASTON MAUDIT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting poli¢ies
(Continued)
1.10 Financlal Instruments
The charfty has èlÈetad to appty the provisions of Sectiw 11 'Ba$ic Financiaj Ir￿truMents. and seC￿n 12
'OY)èr Finanoal InstrunTrnts 15sues' of FRS 102 to 81 of its fftnanc￿ insknffnÈrrt
Financd instruments are recognised in the ¢hafttys baknce shèèt when the tsharity becomes paty to Ihe
contraclual pro￿$ton$ of the instrutne
Finantxal as*ts and liabllths ￿ offset, with thè net amounts pr￿[rted an the finanti4 statem￿. when
there is a legally enforceable right tg set off the re(xJgni5ed amounts and thgre is an ¥ntentiM to s&1￿• on a net
b&8i% orto realisg the w¢tand setde the lkth.rty &mLkneousty.
Basie finandal a￿￿ts
B8sc financial assets, wtrtych inchKJe debtors and c8sh and b￿k balances, are inthamy measured at
transactton pri￿ induding ￿￿T￿actIlln (x)sts 8rxl art subsequeDty (xrTiEd at an￿tised ￿st using effethe
inter￿t method unless the a￿ngement ￿nstItu￿ a finanrAng transHclion, h¥he￿ the transadion is
measured at the p￿sent value of the future reeèipts disc4yJnted * a marf(et ratè of inlerest FiriarK#al ass•ts
d8ssifièd as receivable wtthRI one yèxr are not am¢￿1$8￿.
Basic financialliabiyities
Basic finarKial ljèbfjjtr.es indudirvJ cre&tor8 and bank barts #r8 In￿31[Y r8wnts•d at trans8dion price unless
Ihe awrdngement wn*itutES a finartiig transacknn. where the debt instrument is rneasu¥ed at the pre￿￿t
vabje of the future payments discounted at a market rate of itrtere5L Finan￿81 Itabllitses dassified as payable
within one year aro not atnottised.
Dèbt insknjrnents are subSeqUè￿Y carrftd at arnoTtised Cost. u*ng the effeclSv8 rate methtyy.
Trade treditots are 0￿￿]8￿0AS to pay for g(yJds or seNtss that have trKen a￿uired in the ordinary course of
Iwerètions from supplws. Amounts payable 8r¢ da5sified as currènt lia￿lIti8$ rf payment is duè wilhin one
year or bss. If nol they are p￿sented as non4CUfWt Ikabiltie& Trdde L¥editors are rewgnised ￿nIballY 8t
tr8rtsaction price aNI SubSeq￿llY mèayJreL5 at8mL¥tised cost usin9 the eff￿1￿¢ wrterest method.
DeFeeognftion of fift8￿1￿1￿￿rrt18$
FEnandal babikn$ are derecogntsad when the chaTitrfs c¥Jntr8etual obligati￿￿ QXPiTe or are disd)arged or
cancelled.
1.11 Taxatron
The chatity is exemptfrom tax on Ir￿ and gains faliTrJ within section 505 of IheTaxes Act 1988 or sedion
252 offheTa%ation of Chargeatle GainsAd 1992 tothè extent thal these are applied 1¢ ts eharitable iknjèct
1.12 Emphyee benefits
Thè cost of any unttsad holiyay ￿titlem￿nI is recognised in the period In whth tr* empbyee's $￿Vr￿S are
received.
T¢Emination bet￿rts a￿ reccvJniwl irmiediately ¥$ an expensg v￿￿n the tharity is dEynOnstrab￿ committed
to tomi1r￿le tho 8mpknyment of an eznployEe orto provide tennination benefits.
1.13 Rètlrement beneffts
Payments to rt￿ne￿ ￿ntributiOn reti￿rnent beEiefftscherne5 b￿ charged a$ an eXpe￿e as theyfal due.
19

OAKFIELD (EASTON MAUDIT) UMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Critleal a¢¢ounfjng estlmates and judgemttnts
In the aprAication ofthe th8rity's accwnting policies, the I￿￿teeS are iequiTed to make ju¢Ygements, estimates
and 8SSUtnptions 8tx)ut the carrying amount of assets and labilrlies trtal are r￿1 readity apparent frotn uther
source& The esbmales and associated a&wmptions ate based on historical experience and ctther factor8 that
are 1x)nSider￿ lo be rdevanL Actual may differ from these e&liTnat&s.
Tha ostimates and underfying assumptions are reviwed on an t￿￿1￿j basis. Re￿19]0￿$ to a(xountiThJ
estimates are r8cognised in the period in which the estimate is ￿￿￿￿ed where the revis￿ affects only that
. or in the peric#Y of tho rgwsion and future ￿riods where the revi%on affects bolh thrrwt and futwe
Income frorn donalion$ and loga¢ies
Total Unrestrictèd R•strict•d
funds
funds
2022
2022
Total
fund5
2023
frjnds
2023
2023
2022
Donati(x)s and gTfts
GrarTts
39.494
287.5(Kl
5,841
15.833
45,335
303.333
2.864
138.500
$7,368
211.810
n.310
326.994
21.674
141.364
127.814
269.178
NCC CovKI Supp)rt
WNC SuppK>rt
NCC Irrfecbcx) Contrd
Garfiekl Weslon
8ernaJTJ Surdey
FoÈJndation
Maud Elkington Tnjst
The DU￿trtOn Tmst
Thè BaileyThomas TrtJ8t
Thè ￿0Y[Y Carte
Charitable Trust
ScA)tt Badèr
B&Q Foundation
The Beatrice Laing
Foundation
R&RF
Clothworkers Foundation
Other
3,402
39.350
16.982
3.402
39.350
16.982
30.000
30.000
40.000
75.000
75.￿0
25.IX)Q
15,0
15.000
&ooo
4.5(Kl
5.Dfy)
4.500
25,000
65,000
40,000
8,500
25.0011
65.ODO
40.Ot)o
22.076
102,50CI
2,050
104,550
13,576
287,500
15,833
303.333
138,500
73,310
211.810
20

OAKFIELD (EASTON MAUDIT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
tha￿18ble charitable
activities
actNlties
2023
Z022
Fees- LocalAulh)ritigs
Rechwges to Residents
Meal In￿me
R¢ntfrom Tenanu8s
2.021.564 1.888.490
14.105
23.558
16.7W2
4,226
188,595
162282
2240.966 2.078,556
Analys55 of Fees
Fees- Local Authorilies
Fees- Residonts Ccrtribution to Care
Fees- Lwal Autl¥xltI￿ Tenants
Fees- Rgspit
1.391.481 1,218.163
51.632
55292
518,854
585,493
49.597
29,522
2.021W 1,888,490
F￿￿ra15￿0 events
Total Vnrtstricted Rè5trÈded
funLts
2022
Totsl
fund$
funds
2023
2023
2022
2022
Fundraising wents
1.017
192
1.209
2LX)
200
other t£adfng a￿l¥l￿eS
Unrastrietsd Unr•strictgd
firnds
fvnds
2023
2022
Interest tecEivable
871
21

OAKFIELD (EASTON MAUDIT) UMrrED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
fund5
202Z
21)23
Netgain on di*posal of tangtble fixed assets
olher income
(1,7431
25.426

OAKFIELD (EASTON MAUDIT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Charitabje activitie5
Ctwritable Ch*itsble
actfviti¢s Xtivitie$
2023
2022
Stall ts)sts
Deprsclstfron gnd impairn&nt
1206,45S 1.304335
84,049
72237
11,575
8,978
25,507
24299
12.180
13,612
16.799
18.275
11.133
3.231
1,463
2,442
5,224
3,310
14,890
17,764
14,351
26.324
87.466
54.016
104,372
114,472
1.158
1,132
2.637
3,436
83.658
32,272
12,323
22.142
Insuraneè
Tèlephonè
supplies
Misc
Subsuiptions & membe￿Ip
Vehicle expen
Residents 8dMbe5
PrDfe&8iord fees lexd wvem8n(xl
Rep8irs & Tnaintèn8nr
Bank charges
nces and pem)its
Medical suppl
ExFensed equlpment
Animal related expersses
Food forcatering
Training
Gas
Gardentng suppb'es
Prernises costs
Rent
Catering & admn labour service5
Loss on sale
Rates
Agenw car¢r¥
29.569
32,589
47
45,611
10,576
7,308
55.524
14.810
16,622
123
26.565
28.750
15.137
31.090
30.750
38,204
416
1,670
354,1)48
162,320
2.316.341 2,083.026
Share of support wsts {see note 91
20.357
16,603
2,342233 2.099,629
Analysis byfvnd
Unrestricted funtts
Restricted funds
2,322261 1039.895
19,972
59,734
2.342.233 2.099.629
23

OAKFIELD (EASTON MAUDIT) UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Support co¥ts allocat￿ to aclEv￿leS
harltablè
aclivities
2023
2022
Loan inter8St
A￿￿tl*S ierrsunerabon
10.346
10,011
9.413
7,190
20.357
18.6(13
10 Trustees
None oflJTe Iru5tees lor any connected wth them) re(xv8d 8ny remun&raUon, reimExknsÈd expense
or bèneffts from the ch￿lty during thè year.
11 Empjoytss
The average nh)nthty numb8r of èmptoyees durtng the yw was..
2023
Nurnbgr
2022
Number
Care Hom& Staff
2023
2022
Wagès and salartés
1.191,583
91.417
23.455
1,189.830
90.989
23,516
Olher eosts
1.306.455
1304.33S
TheTe were no empwes whose annual Yemuneratvjn was more than £60.000.
24

OAKFIELD {EASTON MAUDrr) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
12 Oth*r
funds
funds
2023
2023
2(r22
Fundraising c*)sts
7.188
7.188
14
14
6,688
500
13 Taxatlon
The ch8rity is exemptfrom taxation on its athribes becat6e all its is applied charftable purpo$8s.
14 Oth8f gaSn5 and 10&80s
Unrestricted Unrestrictsd
funds
fund$
2023
2022
GainslO0s￿I upon".
7,703
15 Tanglble fixed assèts
Long
v¢hi¢ltss
At 1 September2022
Addthn5
Disposals
1,464,533
165,$58
6.767
305.539
92,163
114,983)
1,780
2.515
.362
4.730
135501
1.811.961
268.734
118.5331
At31 August2023
1,630.191
10.435
382,719
4,275
34,542 2.(162.162
D•pre¢iatson and
impainn8nt
At 1 SeptemtrEr 2022
Depreuation eharg8d ￿ thè
year
Elimtnated in re5ped of
t￿0$81$
350.187
2,075
246,(KJ8
220
15.666
614.156
1.492
31,654
4.917
84.049
113.566)
{3224} 116,7901
At 31 August 2023
395.409
3,56T
264.096
17.359
681,415
Carrying amount
At 31 August 2023
1,234.782
6.8fj8
118.623
3.291
17.183 1.380,747
At 31 August 2022
1,114,346
4,692
59,531
1.540
17.696 1,197.805
Leasehc4d propw al 1 Casllè Ashby Fioad. Yardby Hasting$ w8$ a¢quirod during the 201&16 year an
improvement o)sl of £624.945. The lease isfor 28 years commenung May 2016.

OAKFIELD (EASTON MAUDrr) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2023
15 Tangli Jle flxed assets
{Cgntinuedl
16 asset investm•nts
Equltios
Inv&stm8nt
Fund
¢c&t orvaluatlon
At 1 Septomber 2022
Add￿0￿$
Valuation change5
200.000
17.7031
Al 31 August2023
192297
Canyin9 amount
At 31 Auwst 2023
192,297
At 31 Augusl 2022
17 Debtors
2023
21122
Amounts faHing due wlthln one year.
Tradè debtors
Pr¥payThents and aux￿1 in¢x)me
278.123
16.349
181.098
22.964
294,472
204,062
18 Loans and overdraft5
2023
2022
Bank h)ans
125,323
240,022
PayatAè wth5n oné yèar
Payalle afteron8 year
80,843
44.480
115,707
124,315
The Nalwest baTJk loan 15 secured by fjxed and fioating Char￿ over the assets of the charfty. At thè porio
end the outstanding balance was £69.013.

OAKFIELD (EASTON MAUDIT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 AUGUST 2023
19 Creditors". amounts f4ing d￿wIthin onè y
2023
2022
B8Eik loans
80,843
46,641
47,893
12,278
107,444
115,707
3.4
36.984
102,910
100,069
Trade credttors
ott￿r Creditors
Accruab deferred incc
295.099
359.160
20 Credltors: amounts Wing due after mor* than one year
2023
2022
Notes
Bank loans
18
44,480
124215

C rpj
**0
*0
CLuOwou

iJf CLI

OAKFIELD {EASTON MAUDIT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
22 Deslynat¢d tunts
The unresthcted fvnds of rtharity comprise the unexpended bdances of donati(ms and grants whK* are
not gjbiect to specific conditiDns by dorKJrs and grantors as to how Ihey may be used. Th888 include
designatsd funds which have beèn set aside outof unreslrickd ftsnds by the trustees for speafic purposes.
Mo¥Èmèrtt tn funds
tKe at kn¢oming A•sow￿8 Baance at
1 Septwnber Mur¢•8 expended I S¢pttmber resource¥ *xp*￿d 31 August
2021
2022
2023
Movement in furMIs
YH Flats
Refurb Fund
EM Mats
194.511
497
16,322}
188,189
497
12e,708
165361
181,653
497
4￿,416
138.500
19.792)
28T.5tr)
(9.7921
195.008
138,500
(16.1141
317.394
287,500
116.3281
588.566
General Funds-Thes¢ a￿ lunds of the tharity whtch are not held for any parti(#JlaF ￿￿[l￿e puryjoso. They
h8ve been predominanrfy used towaY(Is tr¢ main carE hoTne adivibes at Easton MaudiL
RèfurbishTrent Fund - ThL8 fvnd is desWated for miftor refurbishments agreed by the Directors. tr etther
care home.
YH Fkts- This furKI is designaied tovrards new flats at Yardley Hastings. The grants received have been
$pènt and thè eost has been capitali8ed. The captshsed cost is being depre¢iateO over Ihe remainkfig years
left on thg Jease.
EM F18ts - This fund Ès designaled lowards the new flats at Easton Maudit The grants ￿e￿1Ve￿ have bEen
spènt artd th$ cost has btrèn capftaisad. Th& (spitali%èd ts)st bèw d¥prgts*gd over the remaining years
l&ft OEJ the leas8.
23 Analysi5 of net assets bètsveèn funds
nds
2023
2023
2023
Fund balances at 31 Auwt 2023 arè reprÈsentÈd by:
TaThJible a$8ets
Inv8strn8nts
CutTènt assétsl(Ilat￿lltIttsI
Ltsng temi Irabilitses
1.377
192,297
330,9TT
144,4801
3.383
1.380.747
192.297
386,480
144.480}
55.503
1,856.158
58,886
1.915,044
30

OAKFIELD (EASTON MAUDIT) UMrfED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2023
23 Analygls ol net assets bolween funds
(ConttnuÈd)
Total
fund$
2022
funds
2022
2022
Fund balances at 31 August2022 ar* r•près8nted by:
Tangible asséts
cu￿entassatsIIr13bllIbes}
Long term liabilities
1.197,805
474.709
1124.3151
1.197.805
583.281
1124.3151
108.572
1.548.199
108,572
1,656.7T1
20
Amounts contracied for but not provided in the slatsfflents:
2023
2022
Acqui$Èti"on of propety, plant and equipmsnl
15.719
25 Operating lease commitinenls
Al the reptirbny end date the charity hal 0￿S￿￿￿1￿9 o)Jr4nth)Rnts trfirtur8 minimum lease payment5 und
norHxncetsble operating lea￿, whith fal due as folows".
2023
2022
Wrfhin one year
8etween two and fivè yèars
In overfve years
41.532
154,827
465.OCK)
30,000
120.000
495.000
661.359
645.000
26 RElated parly transactions
During the peri(xJ the Charity used R. Goodfdb)w (Burfdètsl Lmited trte ￿n0VatiOn WgFks. One of th8
trustees" Mr l Metialf is also a DF￿Ctor of this Company. During the amounts of £136.725 -
£64,456} We￿ pakd tothe Company.
Dur*ng the perfod the Cfiatity used Mefylf Cornrnercial Decorators Lirnited for the decorntion works. One of
Ihe trustees; Mr l Metcall is also a Dtyector crf thi% Qmnpany. DurfrMJ the amounts of £719 12D22 -
£1.0631 were paid to the Company.
31

OAKFIELD (EASTON MAUDIT) UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
27 Cash g•ner#ted frc*m OPeTatigns
2023
2022
Subwus forthe year
285,976
248,292
AdNstsnents for.
Invesbment income r•eogni*l in statement offmanc￿l acbvit
Fo￿1g￿ exehwge drffèrÈntÉ
L&8s on disposal oftangibla fixéd a&¥ets
De￿iatr0n and impa[m)￿l oftsngiblè ffixed assets
{8711
17.7031
1.743
84.CM19
72,237
Movements in working (apital..
(Ir￿reaSe) in debtors
(Deueasel n creditors
190.41Ql
129.1971
IAS.5081
122.8741
Cash 9enerated ffom operations
223,587
252.146
28 Analysis of ¢lwi9es io ngtfunds
At1 Sèptsmb8r
2022
Cash flows At31 August
2023
Cash al bank and in I￿nd
738.379
1351,2721
387.107
Loans faing ithje within one year
Loans falling due after more than ore year
(115.7071
{124.315}
180.8431
{44.4801
79.835
498.357
1236.5731
261.784
32