THE DLM CHARITABLE TRU
CCOUNT
R ENDED
H APRIL 2023
REGISTERED CHARITY NUMBER..
328520
TRUSTEES..
P Sawyer
Mr J A Cloke
MrsJEPyp
PRINCIPAL ADDRESS..
Stow House
Colswdd Road
Oxford
OX2 9JG
BANKERS..
CAF 8ank Limts
25 Kingg Hill Avenue
West MallirvJ
Xeni
ME19 4JQ
INVESTMENT ADVISORS..
LGT Wealth Management UK LLP
14 Comhill
London
EC3V 3NR
INDEPENDENT EXAMINER..
h8rtotte Toemags Bsc FCA
Ell8cotts LLP
Chartered Attountants and Registered Audrtors
CDJnirywidtr Hause
23 Vlest Bar Str
Banbury
OxFDrdshire
OX16 9SA
Paye 1

THE DLM CHARITABLE TRUST
S ANNUAL REPORT
OR THE YEAR ENDED 5TH APRIL
The Iw51ees present I￿1r annual re￿ tofftr wrth lor ￿e year ended 5 WI 2023.
STRUCTURE, GOVERNANCE AND MANAGEMENY
Governlng document
The Trustwas created on 30￿ January 19￿ by the will of the L%te R D A de la MafP The Trust Deed gives the trushes the power lo apply thtrfunds
such a manner 351hey spe fil orforlhe beTrefil of anythantaU8 ubject or purpose snd lo make 8nd hdd Investments.
Recruitment and appolntmoat of now trusto05
The trustees named on Page 1 have sBrved throughout the yesr. Appoinment ol Irustoes Is goveTned by the Trt￿l Deed. Th? Board Df Trustees Is
aulhorised to appoint new tru$i£65 10 fill vaozncie5 arising through re$ignaknon or d?ath ol an existsng trustee.
Induction and Iraining of npw trustee5
The IFusleE5wiII cA>nsiderthe appDinlment of new trustees as and needed far the efficEnt running of the Trust and I￿￿tify and Implement an
appropriate Induthon proce53 to ￿Sure 8ry new truste818 WOPErtyaware af their ￿81 obiig81ion8 as wtsll as thE operational prc¢edure80f thp Trust
Organl$at4onal structure
The affairs of the Trust a￿ m8n8ged by the Board of Tfuslee5.
The Board meets on at leasi oc¢¥yons durirwJ the yearwhere they dtscuss any8ppI￿aliOns fDrgrdnls, etc
The pdi¢y of the TN81 Isto 8ss151 charities previously supported by Ihfr Setlof of tht Trustand suth organisatsons n the Oxtord a￿a where nom181
nd r815iw meth(￿$ m8y not b8 successful.
Rlsk managomert
The trustees have a duty lo identify and review the risks to which the charity is expos&J and tOenSu￿ appropriate (￿ntr£I$ are in ￿ace to provide
rea8onabk assuranrts agalmstfraL￿ 3nd error
The tsuslees ttave ￿￿tsWed the [nai(￿ riskswhich the chBrity faTr5 8nd these will be kept urthrcDn5tgnl review. As 8 Consequen￿ of kne yze of t
Tru818nd Ih8do88 invdvémentof the trustees. they considerth¥e are m majorrisksto whth Ihe ch8rity 18 exposed.
OBJECTIVES A Tr4D ACTIVITIES
QbS0¢1I¥0$ and alms
The trust's objective5 areto WOVKle finaw81 grants prim8nlyto Ctt8rities supported ty the Seluor and Oxford ba6Ed Charit￿&
The li51 of donatsons PagES 10 and 11 give 2n indirAb"w of the areas SUPPOrtÉd by the Trust.
Page 2

THE DLM CHARITABLE TRUST
TE
AL REPORT
THE YEAR ENDED 5TH APRIL 202
Signrficant activities
Dunng the year under review a doTraban of £1.QOD.ODO was made lo thie tharity. Fk)uri5hing F8milies Leed&
ACHIEVEME14T AND PERFORMANCE
Howvur xtlvitlps deliver public beneflt
The charity 15 detemiined In 115 Aim of providing gran1sf￿ generdl charikble purposes lo as whye 8 r8no& 01 LYganisation&a5 possi￿6 whilst also
having regard to me wishe5 01 the Settlor
Thp year under rewew has been affected by falling financi4 markets 8xpètience& WDrklwide. ITh common V￿th all bodies Inveslpd In the stock Tttatkel4 th
Investsnenls have fallen In value but the tsustee5 gre Satisfied thai the 8iffl5 of the Inj51 achE¥ed whiL8tmatheis r8wver
The IrL￿te85 pro¥￿ed grdn15aFnounbng lo £1.049.OW this year12022- £116.0001 lo vanous ¢e5erving cau*s includiw one danalh)n of £l,000,O(M).
FINANCIAL REVIEW
The In(xJffle from Inveslmenlsforlhe ye8r w¥$£f56,772 12021- £141.9851 and from propety £21.15312022- £0)
Atthough the Iru51ee5 have the power to Spend the expendab18 end(ywmenl, the inveslmeni Income is principle sourGe of
Income and so the fund is Invested With the obl6￿1Ve of m2inlaining its real value In the medium t8rm The fall In stock matk21$ has r8sulled
In 8n decrease In the ¥8lJe of the fund over th8 past ye8rWh￿h has also been affected by th& Substantial donation lo one chanty.
The nel shortfall. afteroranl$ and oper8ih)nal expenses was £1.097.24712022- £174.193lresulling in a defi(il Df £1.428,252
12022- Surplu5 of £379.801. At the end of the financigl year unre51rthd reserves 8mounted lo £280,95812U22- £245,543)
The Trust'spollcyon res8Na8 18 to ￿SUre thai 5uffiaent cash reseNes a￿ avallableto enable the T￿stIO meet 115 yogr8mme of grants.
The adeqw eflh8 reserv88 poli￿ is reviewed annualty.
FINANCIAL REVIEW
ReseFve5 policy
11 is the policy of the Trustto m8inlain re￿e¥ 80 that the Charity is in a position tOAbsorb 8eib8cks and lake advantaye of clwge and
opportunibes
Prlnclple fun(Jlny $our¢o8
The prirople s￿Ica$affijnding are d￿Ved ftum Ihe investment porfolk) hekJ by thg Trust
Invostment pollcy and oblo¢tivo&
The Trusys polity and objecbve 15 to achieve the r￿￿rnum return on the Chativs investment portfolio.
FUTURE DEVELOPMENTS
The Trustees plan to wntinu8 e￿sting PDlrae5 01 careful and prl￿rtI inv£strnentta provide long lemi fvndlng lordonauonsand to
ir￿re3￿e the *vel of donations made each year. when rircum$tance8 perrnit

THE DLM CHARITABLE TRUST
TRUSTEE
ANNUAL REPORT
FOR THE YEAR
PRIL 2
STATEMENT OF TRUSTEES RESPONSI8ILITIES
The charity trusteesart respon*Lltr for pr8paring the tfUSlees snnugl report and finan¢k¥l Siaiemenb In a{LOrdan￿ with applicabl?
law and United Kingdom Acctyunbng Standards Iufiiled Kirydom Gerer8lly Atswtsd knuntsFvJ PracbTrl
The18w applicable la charitie5 in England afid Wales requires the chanly Iru$te6s 10 prèpare financial slalements for each year
give a Irup and fairview DI the slate of affairs of the charity 8nd of the Incoming resour￿5 and applitsbon of resour*$
of thè thanty fDrthal ppriod. In prepariw the fillanaal s￿leMents. trustÉes are requifed lo
sele& suitable accounliry WI￿re5 and then appty them con*siefilly".
ob5etve the meth(hls and principles In the Chaoiies SORP 2015 IFRS 1021,
rnake judgements and estimates Ih8t are reasonable and piuoenl,
state whether 8pplicable attouniing standards have èe8n folbwed. subj.ect toany matethl dep3riure5 disc105ed and explained
prwsre th&fin8n¢kal statements on th8 gDirvJ concem bas￿ unless il inapproprkHte ID Presume IhBI the ¢h8ntywill wniinue
In business.
The tWSl88S arè responsib￿ for keeping proper atrAunting records th81 d18d08e reasDnable a(LurgCy 81 any time the financk81
Df thechtrily and to enable Ihern to ensure that the finsncial ¥￿tementS CDtnply with Chsfibes Act 2011, the Charities
IAccounts and Reports) ReoulalK)ns 21H)8 Bnd the rwovisions of the Trust D8ed They are aLs0 resrM)n5ibk for s¥feguafdiny the
as5els of the charity and he￿￿ taking reasonatde steps for U7e prevantion and detection of and other iNaguigri1ie8.
The tr￿￿eStOr1he PUTpase5 01 charity law seNed during the y8arand up to the dateoflhLY ￿port 8r? aat out on pag8 1
INDEPENDENT EXAMINER
The independent exBrnW￿r. ¢h8rtotteTomaes 8sc FCA of Ellacotts LLP, will b2 proposed tor re4ppoinbnenl.
ON BEHALF OF THE TRUSTEES..
L-
JACL
Page4

DLM CHARITABLE TRUST
INDEPENDE
ER'S REPORT
TO THE TRUSTEES OF THE DLM CHARI
I report 10 the charity Irugtses on my èxaminatson al the financial slalemen15 of The DLM char1vd￿e Ttust IIK the year endpd 5th Apnl 2023.
Respon8lbSlltles and ba818 of report
AB thecharrty's trusta88 YOU 8ra iespJngible for the p￿￿aration of the ac￿nts in 8ccord3rKe with the rBquremen15 of the ChsThlps Ath 20111'thp
I report in iespecl of rny Examination of the chanty'sac￿un1s camed out under seGtIDn 145 of the Act and in carrying out my examinat￿ S have
followed all the agL4icable Direction5 aiven bv the Charity comm188￿0 under sectron 1451511bl af the PLt
Indo￿ndS￿l èxamlngr's $tatom8nt
I have completed ffly exaMinatsC￿ I ￿ffirffl that no material matt8ts have come to tny attention In ¢J)nrecth)n with the examination giving me causè to
believe that In anv material re5Decl'
1. 8wounling r￿r￿S were not kept In re8pe¢toflhe tharhy 8& ￿qUIred by section 130 ofthe Att. or
2 the accnunts do a￿￿)rd with thDSe rerA)rd5,' or
3. the accDun15 do not comply with the applicable requirements concerning the fotrn and conlentof accoun15 Sel out In the Ch8ritses IAcrAWnts and
Report51 Regulation5 20Q8 otherlh8n any requirement thai tha 8ttount5 give a'true and fair view, whith is not 8 mattercon￿dered as partof an
1nrfp￿.nrt￿nt p.yAminAtiAn
I have m conceTns 3nd have come across no other matters In connethn witti examinatiun towhth aitentyon Should be dr8wn in this reprmt In
order to enable a proper unde￿landing otthe accDun15 to be wched
Charfolie Toem8es BSC FCA
Ell8cotts LLP
charttr￿ Accountants & Regisl8red Audilot5
Countrysvide House
23 We51 Bar Street
Banbury
Oxfordshi
OX16 9SA
QaiL 31.07.23
Pagg 5

DLM CHARITA8LE TRUST
TEMENT OF FINANCIAL ACTIVIT
UDING INCOME AND
ST
ITURE ACCO
NDED 5TH A
NT
Unrestr4¢ted
fund
Endowmènt
lund
Total
lund
2023
Total
fund
2022
Note$
Invesbneni Ints)m&
Income from property
Total incoming rosources
196.772
27.153
183 92S
156.772
27.153
183 925
141.985
141 965
Resource5 ex
Raising funds
Inve51rnent management fees
endod
45.199
45,199
55 243
55,243
45,199
Grants and donation5 Payable
Governance c))sts
1,049.000
3.247
1,052,247
1.049.DDO
116,000
2,950
118,950
1,052.247
Total r•SOurc￿ expended
1,052,247
45,199
1,097,446
174.193
on Invostrno
Realised inveslmentgains
Unrealised Inve51menl gain￿lI059e$I
Exthanot rdle differences
515.738
516.738
11,009.7771 11.009.7T71
5.461
1487,5Tal
261,731
147,723
2.555
412,OD9
5,461
1493.0391
Net incomin
re8our¢es
1862.8611
1538,2381 11,401,099>
3ry,801
Transfgrs fund
B11.290
rnert itTr fund5
161,5711
11.349,5281 11,401,099)
379.801
Tot81 funds broughtforward
359.682
8,786.550
,146.232
8,766,431
Total funds ¢8rrf•d loryiard
10
308111
7 437 022
7745133
9 146 232
Page8

E DLM CHARITABLE TRUST
BA
AT
NCE SHEET
TH APRIL 202
2023
2023
2022
20220
Nots8
Investments
Freehold18nd
7.372,777
8,836,444
7.437.022
6.900,689
Currollt assAts
Debtors
CBsh al b&nk with stockbroker5
28.231
293 830
322,061
625
282,118
262,743
CrédltOTS'. am
wl hin otb
un
10
17.200
Ngt current assets
245.543
7,745.133
9,146.232
Re
Unre51ricted fund
Endowment fund
7.437.D22
308,111
245.543
8,9(K).689
Total charf fund
7.74S,133
9,146,232
The finanri31 st8lernent50n pages 6 to 11 werespproved byth8 trustÉtrs on
2023 8nd sVjn￿ on th•r bèhalf by".
P SAWYE
OKE
Page 7

TH
DLM CHARITABLE TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 5TH APRIL 2023
1. Ac¢ountlng pollcl6s
Accounting convention
These accounts have prepared in accordance wilh FRS 102 'The Finan¢i81 Rewrtino siandatd aW¢ablt Ihe UK and Republic DI
Irel2nd' I'FRS 107'1."Acu)unbng 8nd Reporting by Chèritses. the Slalemenl ol Recommended Practi￿ for charities applying FRS 102 8nd UK
Generallv AcceDted Accouniino Practio* as il aDDlies trDm 1 JaTruatv 2015. The DLM Charitable Tru811s 8 Publ￿ B6n&fil Enlitv as defined bv
The aLrounl& are preparej in sl8rfing, whith the furLtional currenGy of the DLM Chanlabk Trust. M￿e￿ry amounts in Ihe5efinBnci81
statsmenis aw roundd to the nearest£.
Fvnds
Unrestncted funds are availAble for use al thediSCreb￿ of the trustees in furtherance Df generd objectives c>f the charity and whith have not
hApn rlp.AillnAtp.d fnr nfhpr nr1rnn￿_
Incomlng re8ovr¢o8
Investment Income Is earned thrwgh holdiw assets lorinveslm8ni purpoB88 SLth 8É shares propety. Itindudes dividends and Interest.
Investment income k5 recorded when r￿1￿&bre.
Resources èxpfrnded
ExpendilJre on grants is ierA>rdeA aiKe Ihe TrLth5 have m8¢e an ￿n￿ditions1 commitmentto pay the grantand Ihis Is commJni¢atsd to the
ben2fiuary or the grant has been paid, whichever 15 the earfier. The TfJSI has not made gny grdtrt commitments for more ihan one year.
Othepexp8ndilure 18 inc4udad In th8 a¢wunts ￿ an ac¢tU818 basis. Irre(x)verableVAT Is charged to the Statementof Financial Actvibes ISOFAI
as incutrèj.
Th8 ¢OSts ol mtnaging iTrvegimtnts is th8rged to the SOFA Anyrrtsts aSSLiaaled with the Sale or purtha¥8of Invtrsbnents afe awunted for as
part of the sale (Y purthase price DI the iTrvesbnents.
Charhable attwities
Charitabltr axpendilure compDses IPFOSe Costs Incu[r￿ by the Charity in the performance of its 8CtNilkg& 11 ￿n￿l￿18¥ both (yJ51s that¢sn be
alloc21ed 10 such activ￿88 and those of 8n indirt¢t natufe npcessary to SUPPDrt them.
Governonce Costs
Governance costs comprise those wsl$ s$sw8ted with m*bng the constiluknanal and slthtory reqv1￿fflernts of tho Chanty and include Aud
fees and costs linked 10 the slraieor marnagem￿t oflh8 Charity.
Fl¥8d A8s818
No depreck9tyon is c*8rged on the Freehold Land reo)rded on the bslartè sheet
Investments
Quoted Investmen15 are held al msrf(el value gnd revalued on an annual ba￿5. R8BIiEed gains and 105ses on Investm￿lS dunrKJ ts wrare
1Èallwi￿ In ine Statement of FinanrAa5 A￿VIlle$.
2. Taxation
The Tru511$ 8 regislered dTBrity and arLordingly 15 exempt from t8x8ts.on on it& incomB and gain5 where they are ap￿ie￿ for charitable purpD5es.
3. Related party tran5aCtlons
None of the Iruslee$ were paid 8ny remuneration orexp8n$8s fDrthdr duties a5tru51e85dunng the yearby rhe thyrity12022- nDnel.
The aLrcunls indude a provision foratxountanw fee5 af £1.75012022- £1.7501 payable to J A Clok8 for acwuniancy 6etVKXS.
4. Analysis of charitable expenditur&
The charity dKI not undertake any actyvily direcyy bul mel ilsthariiaue purp￿85 by makKw gfants and ￿natIOnS Adets11￿ anatysls 15 inLluded
in note 11 to the 8ftounls
Page B

THE DLM CHARITABLE TRUST
NOTES TO THE ACCOUNTS
THE YEAR ENDED 5TH APRIL 2023
S. Incoming rpsources have ari8pn as follows..
2023
2022
our¢e of inum
Income fiom property
Listsd investment income
27,153
156,772
183,925
140.478
140,478
Income from Property income 18 the delayed dislribullon of rents and orantslrom 201710 2019
Inume trom both source8 was attnbutablt 10 th& unrèslncted fund.
6. Raising fund
£45.19912022- É55.2431 of eKpernd￿re on raising ￿ndS was attri￿tabl$ 10 thtr 8ndowm￿l fund.
7. Anatysis of governance costs
2023
2022
A￿￿o￿￿tanCY
Independent exarninef5 fee5
Bank charges
Stati(￿ery & office casts
1.750
1.200
56
241
3.247
1,750
1.200
2.950
All ofthe above costs were attribU￿b￿ lo unrestricted fund5
8. Fixed asspt Investsnents
Freehold
Land
FrEehohl land
C05tat6th April 2D22
64,245
Additi￿5
tk8pog81s
Cost al 5th April 2023
64 245
Unr•allsed
profits
Market
valyo
C05t
Listed Invo8tm•n
At Slh April 2022
4.597.211
4.X9.233
8.836.444
Additions
1.150.593
1.150.593
Disposals
11.604,4831
11,604.4831
11,009,77n 11,009.7771
Cttange In year
At 5th A#ril 2023
4 143 321
3,229,456
7,372.777
9. Analysls ol debtor8
2023
2022
Incame trom propety
In￿rne tsx r￿￿verab
27.153
1.D78
625
28.231
625
Paoe 9

HE DLM CHARITABLE TRUST
TES TO THE ACCOUNTS
5TH APRIL
10. Analysls of cr•dltors falllng du• wlthln one year
2023
2U22
Independenl examiners fees
fees
Invesbnent managers. fees
1.200
1.750
11.IK)O
1.200
1.750
14.250
13.950
17.200
tf. Analysi& trf net assets belwepn funds
Unr8strf¢ted
Fund
Endowmerit
Fund
Total
2022
Fixed 858el investments
Current assets
7.437,022
7,437,022
294.908
294,908
Tot
280 958
7.437,022
7,717.980
Unresthcted
Fund
Endowmènt
Fund
Total
2C21
Fixed a¥sel investments
Current asse15
Current ligtslities
8.gDO.689
8.900.689
262.743
117.2001
262.743
117.2001
T¢t81
245.543
8,900.689
9.146.232
The lund$ of thtr chsnty may be apk4ied for anycharilable PUTpose at discretion of trustees.
The expend8ble endowment 18 to be Invested 8nd the inCDme used for any charitable wrpose 81 the d18cretion of the tru$ie8s. Tl
e¥pendable endowment may algo be ¥p6nt at the atwlLrte discretion of the Iru51ees
12. Grants and Oonaiions payablo
2023
2022
Artat Ohj Fire Station
Aspire Oxtrd
Barnado's
Barton Community Church
C81ibre Audio
C3reT5 First
CÉoly's Fund
Chik1 Autism UK
¢rackeri8dÉs Childw5 Trust
C￿￿S Iskyligttl Oxford)
Ctuae B8reavem8nl Support
DEMAND
Dogs for Good
Eath Trust
ourishing Familles Leeds
F￿tsteps Foundation
Home fDr Good
Home Stsrt
J3cari
Jtnniè's Children'g Trust
Listening Book5 for the Blind
Mgggie's Oxford
y Vision Oxyordshire
One-Eighty
Oxfardshire As¥titsab¢m forthe Blind
OXRADS
Prison phoen￿ Tru51
2.000
2,000
2.DDa
2.000
3.000
2.ODO
2.000
3,000
3.000
2.000
3,000
2.000
5.000
2.000
4.000
2.ODO
3,000
3.000
2.WO
2.QtKI
2.(K)D
2.000
1,000.000
10,000
2.000
3.1)DO
2,000
5.(N)O
3.OOD
2,OC
4,000
5,01]0
2,000
2,000
5,000
3,000
3,000
5.000
3,000
5.000
3.ODO
3.000
2.DOO
RABI
Raw Workshop Okftyd
Royal Nation81 C￿lege for the Blind
RNIB
2.OOD
Carried down
1,042.orJ)
97.000
Pay 10

LM CHARITAbLE TRUST
NOTE
TO THE ACCOUNTS
FOR THE YEAR ENDED
TH APRIL 2023
13. Grants and donation5 payablo Icontinuodl
2023
2022
Brought down
1,042,ODD
97,000
Sty1eA¢re
Thames Val* ￿[Ambul￿n(
The P￿h Day Centre
Thomley Activity Centr6
Whizz Ki(Iz
Wolveicote Y￿r￿￿ Peopfes Club
2.OOD
3.000
3,000
5,DOO
3,000
3,000
3.000
2,000
2,000
1.D49,000
118,000
All of tha at*Jvt trxpèndllure was attributable to unresthcW fvnO¥.
Pap11