OXSHOTh TRUST FUND
IRe8isrered Charity No. 3050891
Yrvstees. Rewt
2to4
Ir*Jepertht Rewi
Statement dFIft•￿I Aal¥l
e•l•nce Str￿￿
Nomto the Accounts
8t09
PrfDdp•l •O*•M ¢lth•TNrt:
O*shonviMa8e Centre
19 H01h￿Qd Road
Oxsh¢XI
Swrev
Kll2C
49 Str¢
KT109A

OXSHOTTTRUST FUND
(Reg0￿ered Charlty No. 3050891
P•8e 2
GOVÉR141NG INSTrUMENTS ANDOBJEcn
The Oxsbott Trust Fund is a chèrity a Trust Deed dated 27th April 1959. The obl8rt5
rE th)rtta￿e PUry•Y4esfw the tr* 1thabIt￿ ofOMshcll and Its lmn*dl•tè¥ld￿ty.
TRV5ff ES. the folh)wln8 hawe %fftd •$ Trust¢es.'
TnJ5tees.' Geoffrlry M(y
Chawman
Mlthael Carpent
Stuart Knee
Thefoliowlw wer• Idn￿r￿SIr*i￿è tnjstees tyvlrtu• rthmlftaikn toth•
mèna8ement comminet,.
Olfver thappel
Hlljry LW50n
Awtla Hoty
R¢xe¢ Matsden
ilz M¢Glbbo
Om Porter
Ja&4e Topp
Wh8e
IRes*r*d 2Cth Ncwember20231
t￿rnry Secfdary
Al the •bm arn Ta￿d+￿ts of¢)xshM •xwi for Ro8•r Marsden.
The Trust Deed d¢)es not spedftctwm ofoffl¢¢ltyTrulleesand members ofth¢
mèria8ement c￿￿￿1** ind therefore ¥afwn8 panod5 •re seThed. Th¢ Com[￿51t10n of the
Committee Is reylewed and fdreshed •1 re8ular InteThalsto ehsure the strncttsre stlll 5LlPPOrts
the decision m•klw that Is In th• thlth's besi Intefests. whe￿ siqThllk•ni tssues or proJort5 af•
In wcfre5S, such •$ fv Propo￿ new 5uwry. members WAII lend ioserye for I¢￿8¢T peric•Js.
RE¥IEWOF AcnvmES
The Oxshott Trust Ful￿ ¢¥Jrrentty m¢ets lis (tycis th¥owh115 Tde ￿OWner and mana8er ol the
Oxshott Vllla¢e Cefitre. whlch operates o sltt IA Not￿￿ Road. 0￿￿)￿ under the tefms of
lease Aranted on Inh Drfember 1963 lortht petlod to 2(W h the Crown Estate, whlch 1$
the ownerof the W. DurlnRthe yeaf the Trusi contlnued ro manaee theoxshott W¢￿&e
Cenife and to att as I1￿j10rd to the Oxshott Medkal PrKtiu Is Ikensty to the Vernon
Educational Trust bmii¢d on behaw ot Danes HMIS¢hod.
There15 ¢ontlnulng proyess re8ardlniihe adv•n¢•neni of ihe In prlndple a8retment that ha5 been
reached wlth the Crown Estate for aynt de¥d0pMe￿ ￿ • so1￿ bows ofo *tw rnedlcal centre
adlacern to the CLwr¢nt bulldlf¥. A pre appllobm fty has teen apprtyed Iiy a replacernem
GP sur8erysublea to a $￿tablY des4￿ bulldlr¥. kn •rthit4rt r•soroth subn'ttlrya • hdl
planning appllcation ￿11 shLNtYy be apwmed.
Afi in￿[44 applleaiion lor slrate8k ¢t)mmunlty InfrastnKture Ivry lundrt h•s been submltted to
Elmbrtttse ec 10 as￿51 thih the lundlng tsf wor4)sed knlopment.
The undedea5e4T•nted to the Oxshort Medkal Pra¢tlce exptred ￿ the 3Cth Sqmember 2022- the
under￿aSe has now been extended è fvrther ￿•$. orto a d•te ¢Jn the Oxshott
Medlcal PractKe berryne5 •nliiled to ocrupy the new medlol centre. new undertea5e r•ma￿S
to be ratlfied bythe Crty*m Estate.

oXSHO￿TRu5T FUND
(Regisiered Charity No. 3050891
Pag8 1
RESfRUCTURtr
Ih to prtr41de a moresultable 51ru¢turt ￿ the dv•YILWnt ofthe new medlc
centre. Ihe Oxshott Trust Fund Is b•'wconverted Into a Chaflt•ble Incory￿ated Or8•Ai$8tron lao).
An exten51¥e tonsuiiatlon exerc5se ha5 been undertaken to ensure that the wlshes of the Icul
¢unmunlty have been ukeo into K¢wnt ￿th1Th the Dew Con5ti¢thion, whith has now been
subrnltted to the ChaiityCommls%lon ICC) lh¢ appllcatlon to tomi the ao.
After the CIO has been ILYmed. the assets and liabl11t￿ of the O¥shott Trust Fund wlll be
Iran5ferred at 3 later date Intothe CIO and the 0￿0￿ Tw5t Fund wlll be dissohfed but the Trnstees
do not txpect ihere to sknllk•ftt reduath kn the v•lutOf￿ net •sse
Durlnllthe ¢or4ultsthm exerose Itw•s nthd thert w•$ • In the numberof•l¢cted
￿￿rnber5 olthe Mart•gement Commrttee. Gum1•￿ was sou8hi the CC reR•rdln8 this Matter
•rxl specffically whether the Oxshoty Trust Fund ￿ld have been wtsidefed to be ope*•tlr$8 ￿ an
'uncon5titution•l b•sis'. In the Ccs the existkn8 mernbersol the M•na8enwt Cornmittee •re
tharfty trustees a5 thty have Bef￿ra1 conrrd and m*wemeni ofihe adminlsira16on th the
th4rlty. As the Mana8erDeDt Commlltee has been ab* to m•k¢ gUCrf•te dec15knn5 and •MyJI publlc
meetlngs h4¥e trrten held. t*eydc+Mt hwe • rel￿M￿Y￿nCern.
Ariy ¢M8e4nedoubtaKld bt rtmortd by more m•t)*ers to theCtynmltt•t ¢y the
ower In 5.280A oltht Ch4fMes Act 2011 to am+￿1 th¢ go¥ernlty dD¢umthi to r¢d¢Ke the number
of el¢rted members. Tho ¢reabon ol the CIO wlll fe5dve the issye as all charlty trustees ￿11 in lutL*re
be eleaed. The (t￿mIttee has thefef¢ye taken thev￿Wthat eltl*r 01 cwr5es ol ictlon wlll
bec￿￿￿￿ered Ilthe ¢reatkxi of the CIO Is sublerti0subs￿IIII delty.
TheC¢mmbttee lssaiknffied thjt ttw havt made v•lld dedsbw5 r*wJ made •ppolntments In
accordafi¢e wlth thelr F￿er5 In eoodfa6th ¥r#l ther*fty•th•fe15 on ih•se ar£oums
Ir￿ no lurther actim ts fequlred.
RESERVES
TheTrustees have set up • sepafate Fwerty Res•w¢ f4% the PUFtyJse of pT￿￿1rvdf0r ar
exceptlonal ¢05ts relatln8 to111 the relurblshrnentof the exl$tlfig bvlldlr*p1111 the exfensth of the
Head Leasefrom the Cr*)wn Esiate and llillthe develwwit of o new medlcal centre. Thest
dè518nattd fundsare rewe5efttÈd bya cornblnatlon ol ￿VeStMents and dep05it5. The ReSe￿w•S
est•bllshed by an Ir¥tl•l tr•nsfer from theACcum￿￿ed Fund, whkh has been subsequertht
Krea5ed bv trofisfer5 Out of operatln8surpluses and ty•ny ex£eptton•l co#$ Incurred.
RMANCWI IEWEW
O¥eFvl*w: theTfusiee5 afe ple•sed io rep)rt an ovetau surplu5 of É97.8k fN the year comwred
wlth £64.9k reported135t yea¥. thls represents an eKdlwt perftymance wth most of our Inccyne
$treaff￿ Show1￿￿￿4h(•TrI Inuease5 Cf4er l•si year. Addltimal profeS￿￿al fees on the n•w medl(41
ntre have been ab￿rbed withln tr* t￿11 costs and a fvrther £X* has been tvanderred to th•
Property Re5eTh• ihls year. The kry f•rttrs Impactlrqthe iesult5 ore sei out beksw.

OXSHOTh TRUST FUND
IRe8isiefed Charily No. 3050891
PJ8e4
M*h•oft￿OI1h¢
There w•$ afi en¢¢wr4Ww IrKreo• In use of the Halls thls veaff and our Lettlw5
corne h)tre•50d toovtr U7k. ¥thbth ts ntY4Y brtsadly atthe pre t￿d I￿e15.
T(rtal operattn8COSts Increased by £8k to ÉSSI due malnty to h￿eT rep•lr$ ahd
m•intÈnance costs. IA athllllon 108eneral plumblw and elearlcal vepalr5 (all￿d the
mJlh ¢)fie off frtems wefe r*w and thiiv$1£3.3kl. a r*w alr condlllonlrq unli for th•
dc<t￿5 sur8ery IE3.2kl I￿1 Aew notkeb)•rd5 l£lkl
Utlllty costs showtd • welcome reOu¢iiM Irom the $18mlficant Inue•ses I•$t￿l but
mosi of the other ￿rhead costs suffered 8eMral InfiJtiofi•ry lftve4ses.
The net operaiiw delklt of the Vllaycentrt was £17.9k vknkh feswesenied Ismall
Increase over last yeai.
Further wolessiw•l f•es rnuttin810 ¥Mf• kKurred w th¢ n•w med￿$ centr•
but 5￿were recharged to the Crv*n Estate a$ 4y*¢d beiween the part*s. The nrt
Thegr¢*s knel olf•nt*l re¢d%*d frtyn the medk￿ PIX￿te the ume 4$
lasi vear at £51,840 burther• wis a slyhity p•yrnnt to Ihe Crty*n Estate.
Licen￿ fee kn(om¢ we￿fved from S¢JK>c4 Inttea5•d signthcarttJytht5year
due to an annual Inuease a￿1 hl8her use olthey1s5td &re•.
The thl ofdeposit ￿tEreSt im¢rt•sed to E19k as mosi ofthe deposlts wern r￿led ty•r
to rfftv lemb5 to take 4thtarttsie ol the higher mar*ei ￿￿e$ avalloble.
The two term Inve5mvit5 wfrymed well the year and plc4j￿ed a lurther
unreallsed gain of £21.5K whlth in tatsl n¢y* st•thds at ¢y4tr £115k.
A furth¢f £SC* was iraTrsfeired io the Property Restr¥t and the reMaI￿nIS￿¥pI￿sQ1
£47.8k wasiransfwred to iheAccurnulJted F¥nd.
As 31315t 2024 IheTnsi h*d r*t awrent assetsof É81th and totsl Re5er¥es
01 £1,293k ol whlch £7X* Is Jes￿¥t¢d •$ Prweny Res¢The and the remalfjln8
weser¥es arnou0v￿to £543k ale 8eherl •v•llable for the onwnq owratior15
DÉCLARATIOP4
This ¥eport was appr￿Ed ty tht m•wement lTrh 5epl¢mbef 2024 and
on thelr bthaw bv
GHMwle
Chalmian
SAKnee
Trta5urer

OxSHo￿ TRUST FUND
(Registered Charity No. 3050891
Pa4e 5
It4DEPE141XNf EXAMINEVS AEPORTTOTHE TAusrtES
I report on ihe accounts olthe ab¢we I-l￿ Trust") fry thèye¥ ended 31. Marth 2024 whlth a
set out on pa8e$ 6- 9
The chadt*s tfUStee5 are resp￿￿Oble lor the prepar•tJon ofthe •cc¢unts. The thartys trustees¢k￿bder
that an Jud*t Is not requlieil for ihls ye•r urthr 14q21 ol the Ch•rltles Art Xjll Ithe Artl
and that an Indepefvjent examln•tkn Is needed.
rt ￿ my It$￿51bIlIty to..
examirbe the xcounts under setti¢ffi 145 of iheAcl
• follow the pro¢¢dufes In the General tMfeCllons•%*ti by th• (J•rlty Commlsslm und•f
sectton 1451511bl of the Aa
• stat• wh*her P*ll¢ufar m•tttrt CLMnt lomy attention.
I￿• of th• Indep•￿￿ Eumln•rfs Il•port
My eXaMin￿tOn was Carrh￿ wt in *tCLYdmwlth the G•n•ral OiroctkY& 8h•n tythe tharlryc0mm￿{I5n.
Thls exaMIna￿oN Include5 a re¥￿ oltht retords of Trust znd a comparlsm ol the accounts
with those rewrds. It also Irrfludes ¢onslder•thX of afty ufiusual tttm5 or d15dosures In the •¢counts and
seekln6 explanaiions tr(￿ you astrusi¢es c(AK¢r￿n8 sych mattefs.The pl￿ed￿￿5 undertaken th) provlde
11 the wldence that w(￿d be requlred in arl 4udSt aThJ (£wuentty no Wnion15 as to whether the
ac(tyJntS PFes•nt a'true and fal¢ vlew. and the rwrtlsllmlled tothwA matthts set ¢Jut In the Nèxt $t4tement.
Ind•p•thi Ex•mSn•r's Stst•m•nt
I ccrflrm thot no matter has tome to my attentlon kn connectlon wlth the exambnatlon..
111 whlch ifves mt cause to bdleve that In arry matertèl re5pect'.-
the att¢junt1n8te￿ds were not kept ￿ acc￿￿•￿(e with se¢iTh 130trf th* A￿. L
. the •cwunts dld not a(rord wlth Ihe accwnllw re￿0$.
• the accounts dld not cornpty wlth the requlrements the fomiat and
content ol accourtts set In the Charlties {Actt￿nIS and Aeporrs) Rew1•t￿5 2(￿￿11￿
th•r5 that the •¢coufitswe a'iwe •nd f•ir whkh •s•xpl•ined •bM Is not • matter
¢onsldeied as yrt ofih• wmin4ti¢kn". or
121 w whlch In my oFdnlcffi. atteffllon shTh￿d be dr•wn In fydertoe￿bIe a woper undwstsfidlnl
ol the acu>unts tob• r•ad*d.
l•n Dllks
Hl8hlands
7 HO1￿l￿XI Ro*1
Oyshott
Swrey KT22

OXSHOTh TRUST FUND
IRc¥i%t¢rrd (-hrii) Ni) 30511891
STATEMEKf OF FINANCWL ACTNMES
lar the Year￿￿led 31st M•r¢h 2024
Py6
24
23
Leittn8s Income
37M2
31.C65
Water and Wèste Collecti¢Jn
less.. Rechir8eO to Medlcal Practk•
Net Waierand Waste Cdledlon
htin8 and Htat*va
Insuf•l)¢•
Cleaning
Upkeep of Grour#ts
Repai￿ and Malntenance
Adrninlstrati￿ and OlfKe <0sts
Grcwld Rent
Sundry Expenses
Toi•l Operatiry Exptnses INoie 11
Opv•tlni Dèllclt b•for• Ert•Pl￿*1 It•rnS
5.692
2.556
3,136
3.237
4,324
6￿19
6.894
20.657
9.353
120
4,593
2.2.10
2,323
6,015
4,013
6.27S
7.279
12.W9
8,148
120
135
55.549
17.927
47,117
16.022
Excepiknal Item5'. INot• 31
10.237
1.276
Op•rntln8 Dellclt alw £xr•ptlort•l Ii•mg
17,298
Reni)ls Imte 11
less.. pald to the Cfv*m Estatt
51
6.slo
45,3YO
40.247
18.910
51,840
5.926
45.914
32,219
ikenc¢ Fees IN¢)tt 11
Bank and Oep051t Intèrert
101.487
84.127
Op•r*tlni Swplus b•lorn In¥+th￿ G•lns
76.323
fj6J29
VnreaNsed ylnllosslon Irwestmthts INote 41
21.498
1.917
Surplus lor th• y••r •ft•r In¥•$Th￿l
97.821
64.882
Transfer io PfQP•rty fl•sery* IP4oie 51
nrA
Surplus IAnsl•rMd wih• At￿mUlat*￿ Fund
47.8ZI
14.882
£cumulated Fur•1 br0u8htfo￿ald
495,109
480.227
Actumul4t•d lonwrd (Note 6)
495,109

OXSNOTh TrUST FUND
Iltsgislered Charity No 305089)
SHE
2024
2023
FIMed Assets
317.113
217,113
Note4
265.529
244.031
Debior5
47.417
7S3,599
15.140
11,186
715.983
11,032
Deposll Accounts
Cash and 8•nk 8•lan
816.156
738,201
L￿$.. Crodtor5
42
Net Cwr•nt Assets
810.288
733.965
NÉT ASSETS
1,292.930
1,195,109
RESERVES
7fy).(D)
Na¢• 6
S42.930
495.109
TOTAL RESERVES
1,292.930
1.195.109

XSHOThTRUST FUND
IRcyislirLyl C'hwrily No 3050891
Pi8• 8
Not• i Polld•5.
DI￿$ ofAt¢ountln8: The Kcounts haw been wep•red kn Kfwd•nre wth the Stat*ment of
Recommended pr•al￿ appliCab￿loCharil￿ preparln8 ihelractrjjfits in accorda￿ w￿h the
Flnanclal Reportlw Suthjaro fof Smaller Entllles, Issued by the Chjrths Commtssion. The atctyjnts
have been ￿Pared urbdef the hlstorful ¢ost C*%Th￿￿Oi1. ex¢ept Investments. whlch af• Includéd
market value IbiJ prk•l. All Inco￿* and txpendsture Is reco¢rtlsed ￿ an xvuals ba51s.
After the CIO has been ftymed the assers •NI liabllthes of the Oxshott Trust Fund wlll bt
tr¥nsferred at a later dale Into the CIO Ind the Oxshott Trust Fund wlll be db$$￿ved but the Trusiees
do I￿r expecl the￿ to bè any sWnfftaTrt redu¢tioTh In the valut of the nrt •ss•ts and i(£(*thnAty the
Tlustets coniinue to &Yepaft these atcounts on • concern ba515.
Hx•d Asmik" Flxéd ass•ts comfv the LYW tost of ihe buMdln8•)d slte works.
DI￿￿. The dwlt •ccounts h•ve ￿t￿¢ ptrk)ds w maturlty terno d no mort than ye•f.
U¢•nte Feos: Uc•nce tee5 the lets f•cei¥•d fLY111 olts w•d area ind1111
parkln8 c￿CeSSIOnS yanted tovernon Trwt Ilmited ￿ beh¥Nol 08nes Hill School.
The arnounts pald by the Medleal Prartke fw the pJrkln8CL¥Kesth1É4.4351 I￿ SI￿￿ In
Aenials but in lasi year's accouhts iheywere shtr•m wlthln I1(en￿lee$.
2023
Dlrrft Ch•rltaWe Expendlture
Fvndra151r
AdmIn15tra￿(
46.196
3&%9
9.353
55,549
8.148
47,117
Note 3 Ex(•ptbwl Ite
2023
Gross costs Ifees
Loss.. re(har8ed to the Crown Est•ie
Net Costs incurr•d
20,474
2,552
1.276
1,276
10,237
The net Costs Incurréd In 2023 werè irtclud•d wrthin sundry expenses In last yearf5 accounts but they
14Dt• 4 In¥•rtm•n
2023
IAarkrt V•lu• b1￿ht forw•rd
Unrealistd e•ln1kn55I revaluailon
Markeivaltse caff*d fo￿ard
244,031
21.498
265,529
245,978
1.947
244.031
The h15torfcal cost of tfrhg In*StMer￿ Is£lSO.CW12023 É150MII

OXSHOTh TRUST FUND
IRcgi5tcr¢d Charity ND I(Tr51189}
P•8e 9
Ball￿ bro￿h1 lorw•r
TransferfrL*n 51atement ol Fln*Kl•l ktrAlbes
Balance c•ffied lorwud
650,C
Not• 6 A¢aMUl￿ed fvjnd
2Q23
8alance brtwht f¢ywarO
Trbnsler frw Statement ol FInanc￿l AcNtl
8•lanté ¢aty5•d ftyward
495,109
47,821
542.93)
480,227
14,882
495,1Tr3
The A¢cumulated Fund itscludes net urwe•llwdualn5 (4 £115.5291X¢23 É94.0311
fr(*n th¢ re1￿U0t1¢Jn of Inv¢siments.