REGISTERED COMPANY NUMBER: 01861320 IEngland and Wales)
REGISTERED CHARITY NUM8ER: 290349
Rgport of the Try8tee8 and
Unaudlted Flnanclal Statgmgnts fortho Y￿r Ended 31 March 2025
for
THE FRIENDS OF OCTAVIA
Knox Cropper LLP
Chartered Accountants
offi￿ Suito 1
Ha#lèmarÈ Hous•
Lower Str85t
Haslemere
Surrey
GU27 2PE

THE FRIENP$ OF OCTAVIA
Contents ofthe Flnancl41 Ststements
lor thg Y8ar Endod 31 Mar¢h 2025
Pag*
Reference and Aflmlnlslratlvg Detslls
R•port of the Trustees
Independent ExamI￿r,8 Report
Statement of Flnanclal Actlvltle8
Balane¢ Shpgt
7 to 8
Note$ to thg Flnanclal Statem•nts
9 to 14

THE FRIENDS OF OCTAVIA
Reforence anl AdmlnlBlratlve Oetalls
for the Ygar Endyl 31 March 2925
TrUSTEES
Mrs C R Bailgy
MrsGMBor
M C Clgrkg Trgasur
Ms B Clarke Chair
D J Dunbar IresvJned 1.4.251
Mrs V Simpspn
COMPANY SECRETARY
M C Clarka
REQISTERED OFFICE
7 Mlddlé Flald
st John's Wood Paik
London
NW86ND
REGISTERED COMPANY NUMBER 01851320 IErYJland W8le51
REGtsTERED CHARITY NUMBER
290349
INDEPENOENT EXAMINER
Knox Cropper LLP
Chartered Accountants
Office Suite 1
Haslemere Hou¥9
Lower Slregt
Haslèmere
Surrey
GU27 2PE
BANKERS
CAF Bank Ltd
25 Kbngs Hill Avenue
King5 Hill
West Malling
Kent
ME194JQ
Pag8 1

THE FRIENDS OF OCTAVIA
Report of the Tru8to•s
for the Yèar Endgd 31 March 2025
The trustee5 who are akn diredors ol th6 charity lor purposes ol the CoMpan￿S Act 2006. present their report with the
flnancial 5tatem8nls ol thé charity for the year erKled 31 Mgr¢h 2025. The trustees have adcytsd the provlslons of
Acc￿nI￿n9 8rKI Reporling by Chariks., Statement ol Rècommended Practi¢e applicable to d)ariti8s ptoparing their ￿COunt￿
In accordance with the Financial Repo￿n9 St8ndard applicable in the UK and Rgpubli¢ of I￿land IFRS 1021 leffeotive 1
January 20191.
OBJECTIVES AND ACTWITIES
Oble¢tlva8 and 41m¥
The ¢bie¢18 ofthe charity (Yhe objects") are..
11 to a$$isl Ihe O¢tsvi8 Foundation so long as its oble¢ts rewain charilabkp and thereafter lo assist any olh•r charily Or
charities in such manmr and to such ¢xtonl ￿ thg Councll shall detemiin8. includlng.,
a. improviro tha eondilions ol IwirrfJ ol the benefidarfes who are poor. aged or disabled persons in th& Clty ol v￿81m￿n81Èr
and •ls8whwè",
b. prov￿Ing the b&mffci*iès ￿th fcrf)d, fuel, fumiture and other ftèms, or OtI￿r sgrvrA8 01 whatso8ver natur8 to
improve the banèfiuatigs, conditions ol lile.,
o. organising holidays, ouungs a￿1 excursions.. and
d, obtaining. collecting and rec•l￿ng mon8y and funds by way ol ContribU￿On. dongUon$. leggcjos and grant8',
21 to cooperate whh any charitablg, natlonal or intemational bodl69 whtsgé objads are sirnikirlo the of4.ects ol the C¢xnpany,
Alm8
The charity aims to havè 8 damohètrable inpBCt on charii8ble raus95 f81ing within its obiacls which ar8 particularly in nèed
of fvnds, but which may have diffkulty. for wh419￿r rea¥on, garnering pop￿ar support or Ihg 8UPPOrt of other trusts or
institutional fvnders.
OblgCtIvg•
Thè Ch8rity's key objectives l¢r tho yoar wero to continuo to m8ximlse incorne a￿1 to continue to SUPPC*rt th8 O¢tsvia
Foundalon.
Ignlft¢ant 4ctlvltl••
The charity was ab￿ lo rnaximise Its availgbl¢ [?￿UrCeS duriTrJ th8 year whilst dèllvaring effective and rneanlngfvl granb.
Th8 Trusteas wgre Satsr￿d with Ihg Charlty8 ￿rfo￿lanc8.
Investsnent porformanGe
Tho cholity's i￿31Ment portftslio is managed by Brewin Ddphin. Tha portfallo value increas&d by £48.385 net of fe88.Thg
perfOrrnan￿, nel off¢e5. was 6.6% wlioh the Trusteés ragard as satisfactory. The yield was 3,20/0.
Revlow of a¢tlvltlo8
Th8 Truste￿ arg awaio ol their responsibilty lo balan￿ Ihe needs ol both currant and futurè boneficiarie& TitFsleos
ara pl•asad wilh the outcome DI octl￿ti98 undertok8n thrpughout y8ar_
Publlr beneflt
The COU￿11 confittn5 th81 it has compllod wlh th• (kny in 58ct*)n 4 of tha Chatibe¥ Ad 2011 to have due regard to thè
Charity Commlssion'8 general guidance on public bènefi('Charll￿s and Public Ber￿fIr.
The Charity's public b8n6fi118 enshrlned In Its charitable ¢￿•¢t$ xa outlln8d above.
The Coun¢ll ha8 the right not ID di8do89 why a partI￿lar ¥pl1¢a￿"On may have been approved or roiectsd. so as not lo
Impugn its discretlon. bul il will ngl dL8c¥iminat• on the ground8 01 any characieristi¢ prole¢t¢d by th8 Equ8lity Acl or any
other relevent la9lslabrm.
Pagg 2

THE FRIENOS OF OCTAVIA
R•port of th• Tru8t•e$
forthg Year Ended 31 March 2025
OBJECTIVES AND AGTIVITIES
Granlmaklng
The Charity uses the $ervl¢es ol Ootsvi8 Foundation and Octavia Houslng and Care b id&nlify tonants who are in ne￿ ol
a¥s*ntlal itèrns of ftJrnishing1 artd whita gocxls or whts would benèfit from grants to asslst In th•ir sdutatitin And Irainlro.
FINANCIAL REVIEW
Flnancl81 posltlon
The Unrestricted fijnd stood al £1,747,858 al year-end {2024'. £1,678.4511.
The key sour￿5 of income were deiwed from investments of £54,10612024'. £55.837} and rental incorne ol £11.39212024:
£11,392).
The Friends gave gr8Thts 01 £41,5(K)12024.' £38,494) in th& year. ol which £78812024.. £Nill was for educational and training
purposes for tenants ol Octavia H(xJsing, and £40.712 12024." £38,494) was for welfare Bn¢J communlty purKW)ses. Support
costs tolallgd £4,398 I2￿£4.. £4,556).
Gains on investments amounted lo £59,071 {2024'. £71.e611, whkh resulted In an overall surpkn for the year of £69.405
12024.. £86,458).
Inve8tmont pollcy and object1￿8
The Council's invèstmènt ptslley 19 lo rètain a degraè ol safèty in thè Inwslmènl slr8t8gy whll8 looking for a high8r rat& of
In￿￿￿&nI r8lum rathgr than being incorre dgpendgnt No a(*lilional social or ethical collsiderations a18 laken into acthlnt
a8 P8rt ol the investrn8nl policy. as the govgming documgnt of Iho charlty does ncTrt mandate consKferatioTr of such matters.
The fund is managed on a dlscreb"onary ba$ls on A m&dlvm r￿k profil8. It has a bal8nc8d mand8t• ma￿1ng th& fun¢Y Is
manage(I for a comblnalion of incomB ond ¢aptsl gtgwth.
R•¥•rvè# pollcy
Th8 Council does not feel that il is exposed to Ope￿onal risks ol the sort Ihat would reqvire or be ameliorat&l by emergency
expanditurè. Tha Company maint8ln9 4 Iovtrl of rsserves suffi¢ionl to on8ble its acti￿trO8 to b¥ ¢onthNod on a $lml8r ba¥8
lo that of years.
FUTURE PLANS
The strategy Is to find opportunlli8s io makg granig to tèn8nts of Octa￿& Housi)g for wewara aThJ aduealional purposos.
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Govèmlng dtseument
The Company is Iimlt¢d by guaianleo,. rllgtnbgr und9rt3k?n tg conlribule, il ng¢pssary, up to a m?iitnum ol £1 on
wiThJiro up. Thè C¢Arp8ny was intorpor3led cffi 27 Seplember 1984. The Ccwpany is register&J a5 8 ¢harily with tho
Charlty C(ynmi53ion, for which purpose the regislration number is 290349. Thg ¢h4r[tab￿ Company and Is governed under
Its Artlckns ol Asswation,
Recrultmont and appolntrnont ol now trust••8
The Company ks run by means of Trusté6A' mè8ting8 Icourrill which tsk8 place al regulsr intervals during Iho yèar.
Tl* numbgr of Council m8mber8 8hall bg not less than 4. Th& CouneAI considers that at its present lav81 of actimty Ihe
Charity has an appropriate number ol c￿jn￿l members sMth the roqu1￿18 ski115. Tts Council may from timè to time and At
any tir￿ appoint ary member ofthe ¢cthpany to the coun￿1.
Recruilmant ¢1 Twst¢¢¥ 18 ¢arried oul through advertisemenl and recunmendatbn in order to recrult the requlred skills
for administÉrlng ihe charity. From this, candidaies are long-llsted and Inbtviewed prior lo oleetlon by tho Board ol
Tru8lee8,
InduC￿on and tralnlrtg of ngw trustees
New Iruslees are informed of Iheirlggal obliga&'ons und8r Charity Lqw. Ihe Ch•1ty Cornmissloh guld8nc8 on public téMIt. Ih
ontenl ofth8 foundalKJn, committae and dèc#sion-m8kliwJ pr(m58s. and rgC8nl fin8llC181 ￿rfo[Mance Chartty,
Page 3

THE FRIENDS OF OCTAVIA
Report of the Tru¥t09S
lorthg Y•4r Endod 31 M¥T¢h 2025
STRUCTURE, fjOVERNANCE AND MANAGEMENT
Rl8k mana9gment
The tnJsts8s have a dity to id8n￿"fy and rewew the rlsks lo which the ch8rity 18 expospd and lo ensure appropriats controls
are in pla￿ to provl(1g reasonablg against fraud and error,
The C¢uncil règulady review the Risk Register, which delalls tho present slalus of th05¢ opgralional tisks which might
dlminigh thg thaiiiy's eflecliveness. and Ihe measu￿$ in lo milig8b Ihgm.
The potential lor grant fraud Is acknowledged as telng a risk Ip whlch Il* charity, and ¢haritt88 like11, may b8 sutfject. and it
18 felt th81 thg 8x￿n8￿& duè dllEèn¢a tarriÈd wl on grant applications by Octavia Foundation staff mltioats against il 85
strongly as the charily's {esour￿$ wll allow. A proportion ol beTheficiwi88 receive a visit fmm Octavia Hou5ir¥J's Housiro
Officers at som• point In thÈ grani cyde. Per80nal contact is establlshed with each beneficiary.
The other major risk to whith thg tharfty Is èxpo8Èd is the value of, and yield from. its Inv&sknents. Inve5tsnonis aig
monltorad eJo88ty, with regular s¢ruliny ollhe investmenl manag¢r% ￿rtoMianC*.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are al80 the dir8clors ol The FrierKJs ol Octavi8 lor the purposes ol eompany lawl ar• rèsponiblè for
preparing tho Report of Trustse8 and the financial slat&m@nls in aecord8nca wllh applicab￿ Lg%v and United ￿ngdoM
A¢wunlin9 S￿nda￿s IUr4ied ￿ngdoM Generally Accepted Accounting Piaclicgl,
Colnpany law wulros the trustee5 to prepare financi818ts19rngnts for each fin￿cial year, Under thet law, the trustees have
elected to prepare tha finanual $tatèMènts in aeeordance with United Kin￿laM Generalty Accèpted Aecounting PraGti¢o
(United Kingd￿ Accounh"ng Standaidy and applic3b18 lawl.
Under CQTllpany law the Iru8tees must not approve th6 financlal st8temènts unless they are satisfied that they give a true and
falr vvaw of thg stsie ol affalrs of the d)8rltatyle eornpony and ol the IncomiTrJ resources and application of resourcès.
including Ihe Income and oxponditure, of Ihe charilablg cunpany for that P8rtod. In pr•pailThJ tho8• finanelal statèments, th8
Iruslees are requirgd lo
8Élect suilatAe aCcO￿￿ng polldes snd t￿n apply tt*m ¢on$l8tsnUy',
ob8orvo the rnethods and pr1r￿1p16S in th6 Chari￿0$ SORP.,
makejudgements and è8timat6s thal are r88sonable and prudent-.
prepare the financial statements on thè wiThJ eon4xn basi8 unless it i8 inapproprlate to presume fhot thè chorltsblg
company will continue in busir*sy_
The trustee5 8ro responsble for keeping Proper aceountlng ￿e0rd8 which discb5e reasonable accuracy al any tlme the
rinancial position ol thè charlta)18 cornpany and lo enable them tts ensure th8t tha financSal statèmonts eompty wtth t
Companies Act 2006. They are also resp(￿SIb￿ for saleguarding th• ass$ts of thè charitab18 cornp8ny and her¢e for ta(ing
reasonable steps forlhg prevention and dgteclion of fraud an¢J othèr irregulariligs.
The Iruslees are rPs￿￿¥bIg for Ihg malnlenance and intsgrfty of tho corporata and flnanrA81 intonnation indud&Y on the
charilable companws wèb8itè. Legislation in the Unitecl Kingdom gow¢inlng tho prgparation and d18semln81icm c¢f fmanclal
stateménts may differ Irom legislalion in otherjurf5didign5.
Thi8 report has been prèparèd in ac¢ord8nce with the special pro¥A￿on$ of Port 15 01 the Companles Act 2006 relalirvJ to
Small companles.
Approvgd by order of the board ol trusté89 on 30 D8c8rnber 2025 arid svJned on tts b&half by..
Ms 8 Cl8rktr- Trustee
Page 4

Ind•p•nd•nt ExamIna￿5 Report tg thg Trustees of
Thè Frfend8 of Qctavla
Indgp9ndgnt •xamlngV• repprt to the tru8tee8 of Thè Frlènds of Octsvla I'th? Company'l
I réport to the charlty Irusie6s on my examination of thg accounts olthe Cunpany for th8 year•nd8d 31 Maich 2025.
Rosponslbllltlés and ba819 of report
As the ch8riVs trustees ol the Company land 81s0 Its dlrectors for the purposes ol C￿panY lawl you are reswi91b￿ for th9
preparation ol th& aceounts in 8ccordarK8 with th8 requirements of the Compan1￿ Act 20061'lhg 2006 ACYI.
Having 8alisfied myself that accounts ol th8 Compary arè not ￿qUIred to be awlited under Part 16 01 the 2LKb Act aTrJ
arg ellglble for indepeThJ8nl 8xamlnalion. I mport in r&5P￿t of rny examinauon of your th￿Ity'S a￿Unts as ¢otri9¢J out undgr
Seotion 145 of tho Charities Act 20111'lhe 2011 A¢fl. In carrying out my èxamlnatlon I have ftsllow8d the Directi￿￿ gwen by
the Charity CommissKJn und8r S8ctK)n 145151 Ibl olthe 2011 Act.
Independent •xamIn•￿9 8latem•nt
I have completed tny exarninalion. l ¢onfnn that rKJ m8tt8rs hava eomè to my attènthon in ￿nnectIOn with the examlnatlon
giwg mg caus8 to bel$8ve'.
accounting tKords ￿re not kept In r88pect ol the Company as requlred by 38e of 2008 Act., or
the 4¢wunts do not accord with those records,. or
the awounts do not comply wilh the awounling fequirements ol Section 396 of th& 2006 Act oth8r Ihan any
requirewngnl that the aKountS give a tru8 and fair Mew whkh L8 not a matt¢r c(XhSKloied 88 part of an independent
examlnation., or
thè acwunts have not been prepared fft ac¢ord8n¢* with tho mothods and principles ol the Stat&nent of
Reccmm9nded Practico for acetsunting and rèptsrbng by charities lappllcabk lo charlties prepalng their 8r¢ounts in
accordanca wlth tha Flnancial Reporling Standard appllcable In Ihe UK and RepublK ol Iplgnd {FRS 10211,
I have no concems and hovg corne across no olher rnatters in conn8ctlon with th8 ￿arnIn810n to which attention shouhl be
drawn in Ihl¥ report in order to enable 8 propor understanding of the gccounts to be reached.
Jam6$ Holland-Leadèr FCA
Knox Cr¢)pper LLP
Chartered Atxountonts
Offic8 Sui18 1
Haslemgre House
Lower Street
H88there
Surrey
GU27 2PE
30 Decembor 202$
Page S

THE FRIENDS OF OCTAVIA
8tatomont of Flnanclal A¢lfvltlg$
for tho Y•gr End*d 31 Mar¢h 202
2025
Unrostrletsd
fund
2024
TotAI
fynds
INCOME AND ENDOWMENTS FROM
Inve5bnent income
EXPENDITURE ON
Raising funds
10,778
10,193
Charltabl? ?¢tl¥ltle¥
Educ81ion and training grants
Octavia 1onAnls grgnts
788
40,712
38.494
Other
Total
53.245
N81 gains on inv85tsnents
Ngf INCOME
69.4015
86,458
RECONCILIATION OF FUNDS
Total funds brought forward
1,87BASI
1,591.993
TOTAL FUNDS CARRIED FORWARD
1 747 856
1678 451
Tre note$ lomi part ofthese financial Statsrnents
Pag8 e

THE FRIENDS OF OCTAVIA
Balance Sheet
11 Ma￿h 2025
2026
Unrestrlcted
fund
2024
Total
funds
Notss
FIXED ASSETS
Inv08tmonts
Inveslmonls
Invgslmenl propgrty
1,673,162
1,519,465
10
1,650.756
1.S97,058
CURRENT ASSETS
Debtors
Investments
Cash al bank
729
42,134
2.2eo
45,917
12
121.612
98,149
CREDITORS
Amounts lalliro duÈ one year
13
124,4111
116.7581
NET CURRENT ASSETS
TOTAL ASSETS LE88 CURRENT LIA81UTIES
1,747,866
1.878,451
NET ASSETS
1747 866
1878 451
FUNDS
Vnrestriitsd funds
14
1747 866
1878 451
TOTAL FUNDS
1678 451
Tha charitabla ctsmp8ny is entitlgd to exemption from a￿11 under Soction 477 of tho Cotnpanies Ad 2006 for the ￿ar ended
31 March 2025.
Th8 mémbèrs have not required th& company to cotaln an audil ol its finan¢i8191glemonts lor the year onded 31 March 2025
In accordanc8 with Section 476 ofthe Cornpanl•s A¢1 20￿.
The tru5te8s acknowledg& U*ir responsti)ilities for
lal
ensurfw thal th9 ch8rilebb conwany keeps accounting records Ihat comply WIU) Sèctson8 386 and 387 01 thè
¢(￿panIeS Act 20[￿ and
proparing fjnanclal statements which give a true and fair vlew of the stat¢ of affairs ol th8 charitable comp8ny as at
th9 end of ggch financAal year and of ts surplus or d8fl¢ll ftsr oach finan(¥al year in accordance with the requirernents
of Sections 394 and 395 and which othe￿758 cornpty with Ihe requIr￿n8nts ol tha Compgnlas Act 2LK)6 rèla*"w to
fin￿￿141 sIatsm￿ts, 80 lar as applicabl& to the charItab￿ u>mpany.
Ibl
Th8 notes form part ofth&49 financial statements
Page 7
conlinu8d...

THE FRIENDS OF OCTAVIA
Balance Sheet- eontlnugd
31 March 2026
Th08e fin8noial 8tatements have been pr8par8d in aeeordancÈ with the wovlsions applicable lo charltable comp4ni95 subi¢ct
to the small companies regime.
The financial statsm•nts wèrè akwroved by thg Board ol Trustees and aulhorised for hsuo on 30 t*¢èmbèr 2025 and wera
slgned on Its behallby..
8 Clark9- Tru3lee
M C Clarke- TDJSta&
The Trot•s lomi part of the8e finandal statements
Page 8

THE FRIENDS OF OCTAVIA
Notss to tho Flnancl&l Statemonts
for thg Y•aT Endgd 31 March 2026
GENERAL INFORMATION
The Friends ol Octavia is a Company Ilmited by guarantee aThJ is régistered with the Charity Commission (Charity
R8gi¥lgrgd NurnbpT 290349) and Regi51ror ol CorDpani9s Icotnpany Rggislrotion 18513201 in England and
Wales. In th8 event olth8 Charity being wrund up. the liabllity in resp￿1 of th8 guarontee is limited to £1 per member
of the Chartiy. Thp ￿￿1858 of IhE ￿gIStered Dfficg is 7 Mld¢Jlg Fieu. Sl Johns WcKsd Pgtk, London, NW8 6ND, The
Frl$nds ol Odavla providgs SUPP)rt to Ihg O¢lavta Fovndalion.
ACCOUNTING POUCIES
Ba818 of prgparlng th? flnan¢lal stat•m8nt8
Thè ffinanelal st#t8mènt# of tha Charita￿t eompany, whith is a pU￿1t bértafit Èntity undèr FRS 102. haw b8•n
prepared in accor(lar￿e with ￿ Charities SORP IFRS 1021 'Accounling and Reporting by Charities- Statement of
Recommondgd Practice appllcablo to charitias preparing thaw acco￿(5 in accordancg With the Fin8ncial Reporting
standard applirable in Il* UK and Rèpublic of Ir81and IFRS 1021 lellettive 1 January 20191., Financlal Re￿)rtIng
standard 102 'The Financial Reporting Standard applicable in the UK and Republlc ol Ireland. and the Compan
Act 200e. Tha fin8rri81 ststemènts hava baen prèpar8(l undèr hlstorical cost convènb"on. w]th th8 •xcepts"on ol
inveslments which ore included al market walue, as modified by the revaluation ol ￿rtain assets.
Golng concorn
The financial ststements have been prepared on a golng concem basls as the Diffjctors believe that no material
uncertainlie5 QXlSt. The Dir¢dors havg con¥idei8d Ihe bvol of fvnd¥ hgld and gxpg¢t¢d ￿¥81 of inGQrnE and
axpenditurè for 12 months from auihori$iro t￿$8 financial statémènts.
The tr￿dgeted inccqne and expendibjre Is 8ufficl&nl with the l&vel of reseNes for th8 Charity io be aNe to conlnue as
going conc•rn.
In¢orne
All incomg 1$ ro¢0gnls•d In tho Slot¥rent ol Flnandal Adivi1195 onct th8 charfty has entiuemenl to tha fund$, il Is
probable that the income will be rec8hd and the amou)t can bè measvred relkbty.
The recognition ol income from legacies is dependent on eslablishlng entitlement, the probability of receipt and the
ability to estimat8 wlh sufficient accuracy tho amount rÉ¢61v8blè. Evldenca of Ènb"Ugment tts a legacy èxists when thè
C¢xnpany has sUff￿1ent evid9n￿ Ihal a gift has been lert to th&m (through knowledg9 01 th8 existence ol a v8lid will
and the d￿th of th8 b•n•faclorl'8nd the èx8CUtor is satisfi8d that thè propèrty in què811on wlll not be raqulrad to
salisty claims in the estate. Receipt ol a legacy must be reoognised when11 is probable that it VAII ￿ re￿iVed and tho
fair value ol Ihe amount receivable. which will g￿8￿&11Y b& th8 8xp8Ct•d cash amounl to bè distributsd to th8
Company, ¢8n reliabty measurwy,
For donations to be recogrised the Charity will have notified of ihe amcMJnts and the s8tlem8nt dats in ￿￿tIr￿.
If thoffj are wThJttion5 8ttaGhEd to the donation and thig roquiros a level of performa￿9 bgfore onbuery￿nI can bg
oblalngd then Incom 18 deferred unbl those condition5 are fijlly met or the fulfilment ol those conditions is within the
control of th8 Charity and il Is probabb that they will be fulfille¢J.
Income from tradlng advltles ￿¢ludeS incorno 8om&d from rgnlir4J out prO￿rt￿$ lo ra180 fund$ for lh¢ Ch8rfty.
Invostsnenl iKome is earned through holdlng assets for Investment wrposes such as shwes. It indudes diwdond8
and Interest wh￿h arg recognised wh&n O)e Charitys right to r8c•iva paymènt Is èstabllstwj. Vth8rè il is not
practiceble to ￿len￿fy Investment m8nagament costs incurigd within a stherne with rgasonab19 a￿U[a¢Y Ihg
invesknenl income is reported ngl of these costs. It is Includ￿ when th6 amunt can b& moasured reljabty. Int8resl
income 16 recogn16ed using the effeclive inter851 m•th)d divfvjend and rènt Incom& Ig recognised as th& Chanty
light to payment 19 establIS￿d.
P8gp 9
nUnu¢d...

THE FRIENDS OF O¢TAVIA
Not•8 to tho FlnanclAI Stai•mènt# - contlnued
forlh• Y•*r End•d 31 Mareh 2026
ACCOUNTING POLICIES - ¢ontlnued
Expfyndlturg
Llabilities are recconised as expenditu￿ as soon as th¢0 legal or ￿nStruCtive ot4igal￿￿ commith'TrJ the charity
lo that expendliura. il is probab￿ Ihat o Iran$for of e¢onomlc benefits will be required in settkement and ihe amount of
thè obllgation can bè rntÈ8ured r8liabty, Expendi￿re is accounted for awruals b8818 and has been classifi
undèr headirys that aggregate all cost relaied t¢ th¢ ¢alegory. Whgr¢ ¢osb ¢8nnol be dirgctly 8ttfibuted lo particular
headings they hav8 been allocat•d to actitiltles on a basis consi8tent the th8e of restyjrces.
Charitabl8 acivities consist of grants t¢ ￿rnants of Oct8via Housing for wolf8re aThJ edvcab'onal puiposgs. and Ot￿r
eharltablg (k)nabuL8,
Grants payabl& to thlrd parn.es are wlthin thè charilablg objectlves. ￿en uncondltional grants arg offered. thFs 1$
accrued as soon as Ihe tecipi¢nl is nolifigd of the grant, as this i•ves rise to a raasonat4• èxpèetatoon that Ihe
r?￿p79nt￿11 rg¢ei￿ th? grant8.
l ex￿￿￿1￿re is incluswe ol Irrecoverablo VAT.
Inv•stm•nt property
Invé8tsnenl property is shown al most recenl voluafjon. Any aggregate surrAus or deficit orising from changas in lair
value is recognis8d in Sl8tamènt ol Finaneial A¢tMties.
Taxallon
Th? charlty 15 exempt from corporation tax on its chailtablè aetlvits8.
Fund aceountlng
G9w￿ra4 funds arg unwlricted funds thch aT8 available for usè at disuelion of the Directors in furtherance of th8
gènwxl rt)jectives ol the Cunpany aThJ whth hav¢ not bogn dg5ignaled for other puiposes.
Flnanclal Ingtrum•nt8
The Charity does not a matèrial holding in complex flnanclal Instruments 8nd cffily hold$ b9$1¢ Fln8n¢lal
In8trum8nts. Thè fin8na81 as881 and finanryal liabilities of the Charity are as follow9..
D¢blors
trade Bnd othèr dèbtors linclu(ling accrued inc4)mel are bastc financiol Instftymenl$ and 3r0 dobt
instruments measured at 8mortised
Cash At bank- Classifi￿ as a baslc finanoal in8trurnenl and ￿asured at fac& value.
Liabllititrs - a￿ual$ and other cre(litors wll be a8 finandal instnjments. and ar• m8asuMd at omorbséd
CO8t.
INVESTMENT INCOME
2026
2024
Rents recoived- Adventura pl8ygtound
Dlvidends receivablg
DBpo¥it 3￿Cunt interest
11.392
$4,106
11.392
55.837
813
68 042
Pag8 10
¢onllnued...

THE FRIENPS OF OCTAVIA
Not•$ to tho Flnanclal ststamgnts - cont1n￿d
forthe Ygar Ended 31 F￿r¢h 2Q25
RAISING FUNDS
Investmant managomgnt ¢o•ts
2026
2024
Portfollo management
CHARITABLE ACTIVITIES COSTS
Grant
fundlng 01
a¢tivilios
Eduralion and trainiTrJ granis
Octavia tenan18 grants
788
SUPPORT COSTS
Governan
costs
Other resources •xpandad
Support costs, induded In the above. are 88 follows..
2025
other
r8soiirc88
ex￿nded
2024
Totsl
acti￿118$
ProlessknnBI fees
IndepernlEnt EKarnination
Trustees, indemrrity irtsurar
Bank charges
13
2,B80
1,446
60
18
3,004
1,476
4.658
TRUSTEES, REMUNERATION AND BENEFITS
There were no tnjslees, remuneratlon or oth•r b6n•fits for Ihe yèar Ènded 31 March 2025 nor for the year ended
31 March 2024.
Tru8tsw' expen•e•
There were no Iru5tses' gxpfn5es pakl for the year ended 31 March 2025 nor lorth& yaar andad 31 March 2024.
Pagg11
continued..

THE FRIENDS OF OCTAVIA
Notss to thè Flnan¢lo1 Ststgrnent8 . contlnugd
for thg Ye¥r Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricl
fund
INCOME AND ENDOWMENT8 FROM
Investment income
EXPENDITURE ON
Raising funds
10,193
Charltable acllvSlle8
Octavia 18ngnts grants
38,494
Olhgr
Total
53.245
Not galns on In￿Stments
NET INCOME
86.458
RECONCILIATION OF FUNDS
Total lurvjs brought forward
1,591.S93
TOTAL FUNDS CARRIED FORWARD
1678 451
FIXED Ass￿ INVESTMENTS
Listed
In￿[ments
MARKET VALUE
Al 1 April 2024
Additions
Dispos818
Unrealised galnslllossesl
Realksed gainsll105sesl
1,619.46S
668,967
1674.3311
66.317
At 31 March 2025
1673 162
NET BOOK VALUE
At31 Marth 2025
1573 162
At 31 March 2024
1.519465
Thgro wgrg no inveslrngnl assets outside the UK.
If fixed assol investm¢nts had ngl bg8n include(l at valuation they would hav8 té8n Included u￿jar tha hlstorleal cost
convontion 01 £1.429,41212024.' £1.458,9521.
Pago 12
continued.,.

THE FRIENDS OF O¢TAVIA
Noteg to the Flnanclal Ststemgnts . conllnued
for thg Y•ar End•d 31 fa8r¢h 2026
la.
INVESTMENT PROPERTY
FAIR VALUE
Al 1 April 2024
d 31 Morth 2025
NET BOOK VALUE
Al 31 Ma￿h 2025
At 31 March 2024
Tho fKJure of £77.593 reprgsents the w5t ol 8cquiring one hall share in land on the southeast s￿e of Sl.Jcthns Wood
Terrac8. which lonns the sile ol the Adventu￿ Playground. together with as8oclaled bg81 costs. Thg Funds required
to acquire the i?tnaining ono half sh81e of the sile have been pul w) by the St.John's Wood Terrace Adventure
Playground As8oclation. Under the arrangements Egreed betheen the kn¥0 parbes the charity now hdds the whol8
legal interest in the land and has entered into a Declaration of Trust with Ihg Ttvslggs of Sl. Johns Wood Tgiroce
Advglllurg Playground As$oci8tion under which one half share is held on their behalf. The directors consider that Ihe
co81 valuè ol tht8 land 15 a reasonabi8 r8llection of its exlsting use vglue whlle the aLN)ve arrangements remaln In
being.
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
202S
2024
Prapaymonts and accrued intr￿e
729
12.
CURREKf ASSET INVEST161ENTS
2025
2024
Doaling g¢counl
13.
CREDITOR8: AMOUNTS FALUNG OUE WITHIN ONE YEAR
2020
2024
0￿r creditors
Grant eommilmènta
Aecruèd Èxpènses
622
18.070
826
10.559
16.756
14.
MOVEMENT IN FUNDS
OV0monl
in funds
Al
31.3.25
Al 1.4.24
Unrèstrletsd fund8
Gen8ral fvnd
1,678,451
69,406
1,747,866
TOTAL FUND8
1678 451
1 747 866
Pagè 13
continued...

THE FRIEN￿ OF OCTAVIA
Notss to th• Flnanclal Slatem•nts . contlnu•d
ft>r thg Year Endod 31 March 2025
14.
MOVEMENT IN FUNDS- Gontlnuod
Net movement in funds, incjwled in th¢ abovo ar¢ as follows..
In¢omSng
rèaayrc83
R$$¢ur¢o8
ex￿nded
Gains Bnd
10¥56S
Movement
in fund¥
Unrestrtcted funds
General fund
67,fJ)8
Ib6,6741
69,071
69.405
TOTAL FUNDS
56 6741
69
Cornparatlv•8 for mov•mgnt In fund¥
Net
movement
In hjnds
At
31.324
At 1.4.23
Unrgstrl¢tsd fund$
General fvnd
1.591.993
86,458
1.e78.451
TOTAL FUNDS
1591993
1678 451
Compar8tv6 net movèment in funds, Ir￿uled in th& abo￿ ar• *8 follows..
Incornlng
re80urce8
Resourcgs
&xpendod
Galn$ aTrY
Ioss88
MOvem￿t
in f￿dS
Unr9¥trl¢tsd fvnds
Ge￿ra1
68,042
153,2451
71,861
86.468
TOTAL FUNDS
68,042
15.
RELATED PARTY DISCLOSURES
Thare were no ￿lat8d party tran8aclions for the year endod 31 March 2025.
Page 14