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2025-08-15-accounts

Doris Field Charitable Trust

Charity Registration No: 328687

Accounts

for the year ended 15th August 2025

Wenn Townsend

Chartered Accountants

Oxford

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Doris Field Charitable Trust

Contents

Reference and administrative details 1 Report of the trustees 2-5 Report of the independent auditor 6-7 Statement of financial activities 8 Balance sheet 9 Statement of cash flows 10 Notes to the financial statements 11-25

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Doris Field Charitable Trust

Reference and Administrative Details

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Trustees: MrN Harper
Mr J Cole
MrsW Church
Ms H Fanyinka
Address forcorrespondence: Blake Morgan LLP
Seacourt Tower
WestWay
Oxford
OX2 0FB
Charity registration number: 328687
Solicitors: Blake Morgan LLP
Seacourt Tower
WestWay
Oxford
OX2 OFB
Property managers/advisers: CarterJonas
Mayfield House
256 Banbury Road
Summertown
Oxford
OX2 7DE
Bankers: Handeisbanken
OxfordWestWay Branch
Seacourt Tower
2nd Floor
WestWay
Botley
Oxford
OX2 OJJ
Independent auditor: Wenn Townsend
30StGiles’
Oxford
OX1 3LE
Investment advisers: Oberon Investments Ltd
2d Floor,
6 Duke Street,
St James’s
London SW1Y 6BN
Rathbones
159 New Bond Street
London WIS 2UD
Alan Steel Asset Management
Nobel House
Regent Centre
Linlithgow
West Lothian
EH497HU

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Doris Field Charitable Trust

Trustees' report on the accounts for the year ended 15th August 2025

The Trustees present their report together with the audited financial statements for the year ended 15th August 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

Structure, government and management

The Doris Field Charitable Trust (Trust) was constituted under a Trust Deed dated 16th May 1990 and is a registered charity, number 328687. The Trust was created out of the will of Doris Ruth Field who died on 18th August 1988.

The Trust does not actively fundraise and seeks to continue the philanthropic work desired by Doris Ruth Field through the careful stewardship of its existing resources.

The trustees are appointed by the Board of Trustees. The Trust Deed provides for a minimum of two trustees to a maximum of six trustees.

There. are currently four trustees, who meet three times a year or as and when necessary. At these meetings the trustees agree the broad strategy areas of activity for the Trust, including consideration of grant-making, investment, reserves and risk management policies and performance.

The trustees consider that they are the Key Management Personnel of the charity. All trustees give of their time freely. Trustees are required to disclose all relevant interests and it is the charity's policy for trustees to withdraw from decisions where a conflict of interest arises.

The ongoing management of the Trust's affairs is carried out by the trustees’ solicitors, Blake Morgan LLP. The trustees, who served throughout the year and since then, are set out as follows:

Mr N A Harper Mr J Cole Mrs W Church Ms H Fanyinka

Trustee recruitment and training

The Board keeps the skill requirements for the trustee body under review and in the event that a trustee permanently retires or additional new trustees are required, the Board will undertake a recruitment process. The induction process for any newly appointed trustee comprises a meeting with the Board for explanations on the investments and the grant making process as well as the powers and responsibilities of the Trustee Board. A welcome pack is provided which includes a brief history of the Trust, copies of the Board minutes, copies of the last three years annual financial statements, copy of the governing Trust Deed and a copy of the Charity Commission's guidance “The Essential Trustee”.

Principal risks and uncertainties

The trustees have reviewed the major risks which the charity faces and believe that they maintain sufficient resources to meet their obligations in the event of adverse conditions such as a significant fall in investment return or vacant investment properties. The trustees have also examined other operational and business risks and confirm that they have established systems to mitigate the significant risks.

However, following the Covid pandemic 2020/2021, during which some of the Charity’s commercial tenants were unable to trade, rent concessions in one form or another were negotiated. Whilst now more stable, the rents in some locations, and particularly in the retail sector, have fallen and when reletting properties or at rent review, the Trustees are having to adopt a flexible approach to secure/retain tenants. Maintaining income flow is very much in the minds of the Trustees.

Objectives and activities

The objective of the Trust is to apply its income for such charitable purposes as the trustees think fit. There have been no material changes to this policy during the accounting period. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

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Doris Field Charitable Trust

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Trustees’ report on the accounts (continued) for the year ended 15th August 2025

Fundraising standards information

The charity does not carry out significant fundraising activities.

Grant making policy

The trustees receive applications from diverse sources. Each applicant is required, except in exceptional cases, to complete a standard application form and to submit information in support of that application. Applications where the correct information has been provided and which meet the trustees’ requirements are then considered at the regular meetings of the trustees and, occasionally and in cases of urgency, by the trustees between meetings.

Achievements and performance for the year

Over the last accounting period the charitable trustees have considered numerous grant applications, and have made grants to various charitable institutions and for projects / purposes of a charitable nature.

A number of small grants have again been made to local Oxfordshire groups and organisations.

Investment performance

At 15th August 2025 a total of £4,363,974 (2024: £4,165,975) was invested with investment managers and a further £38,419 (2024: £36,804) was held as cash awaiting investment. The investment portfolios have increased in value by 5% (2024: increase of 10.3% which is net of withdrawals for grant giving, and generated income of £58,502 (2024: £58,214).

Charitable grants review

During the year, 323 (2024: 292) grant awards were made, all of which were to a variety of charities, charitable institutions and projects of a charitable nature. Grants made are listed in note 13 to the accounts and totalled £325,654 (2024: £363,917).

Commitments to expenditure towards grants are detailed in note 10, and have been provided for in the financial statements. The Trust has adequate resources to meet its existing short-term commitments and the trustees are confident that future investment income will be adequate to meet its ongoing objectives and activities.

Financial review

( Rental income has shown an increase in the year (£494,061 for 2025 compared with £471,925 in 2024) representing a 4.70% movement. The trustees’ policy of diversified investments has continued, but this year quoted investment income has increased by 0.04%.

There was a deficit, after paying out grants, of £40,666 (2024: deficit of £52,609) for the year excluding investment gains. This year, the underlying value of the Trust's assets has decreased over the year by £389,348 (2024: increase of £393,067). This is as a result of net realised and unrealised losses on investment assets of £348,682 (2024: gains of £445,678) as shown in the Statement of Financial Activities.

The Trust is nevertheless in a healthy financial state and looks forward to growth in all its activities.

Investment policy

The investments acquired by the Trust are held in accordance with the trustees’ powers. The trustees are empowered to appoint investment advisers, who have discretion to invest the funds of the Trust within the guidelines established by the trustees and last reviewed in July 2010.

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Doris Field Charitable Trust

Trustees’ report on the accounts (continued) for the year ended 15th August 2025

Reserves

The trustees have set up a designated capital fund to represent the capital of the Trust. Whilst the capital is not a permanent endowment, the trustees intend to account for it separately.

It is the policy of the Trust to hold reserves in its unrestricted income fund which have not yet been committed or designated for any particular purpose and are sufficient to cover a significant element of core running costs moving forward. At 15th August 2025 these unrestricted ‘free’ reserves amounted to £42,380 (2024: £35,790), and the trustees are content that this is in line with this policy target.

Plans for future periods

The trustees intend to continue to support a diverse range of charities and projects in the future, ranging from small individual grants to contributions to large projects, in accordance with the Trust’s charitable objectives and in line with the grant making policy. Since the lockdown in March/April 2020 caused by Covid 19, the rental holidays agreed with some of the Trust’s tenants have in the main been repaid or continue to be repaid in accordance with terms agreed at the time. Rental income has since recovered and some previously vacant properties have been let. However, the Trustees are aware that due to the current economic conditions being experienced in the UK, a further period of uncertainty with some tenants, both residential and commercial, is anticipated. Recent lease renewals have resulted in the Trustees agreeing to reduced rental levels with established tenants and this situation is likely to continue into the foreseeable future, particularly with retail tenants. Faced with this and the possibility of being unable to cover the first calls on their resources from income for an unknown and possibly long period, the Trustees have reluctantly decided to conserve their reserves until future income flows show signs of revival. To comply with the terms of the Charity’s scheme, this means reducing the grants awarded to local charities. Nevertheless, the Trustees are keen to support as far as is prudently possible local charities jeopardised and/or addressing needs arising from COVID-19 and have invited charities to submit applications for their consideration. However, the situation is fluid and decisions will be made in the light of events as they develop together with anticipated income and expenditure forecasts, which are regularly updated. As soon as the present crisis is over, the Trustees intend to adopt the same approach as before to the award of grants.

As noted above, the Trustees also continue to ensure, as far as possible, that grants made are used for the Stated purpose and recipients are requested to confirm this in writing when acknowledging receipt of the grant payment. Many of the recipients provide progress reports.

The Trustees remain mindful of the increasing financial pressures to which many of the charities they support are subject and it remains their aim to increase their capacity to award grants; as described above they have resolved to acquire further property if suitable propositions arise. The Trustees also seek opportunities to increase revenues from properties they already own if expenditure can yield satisfactory returns.

With the assistance of its professional advisers the Trustees are intent on obtaining the maximum returns on its properties and investments and will continue to meet with its advisers on a regular basis.

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Doris Field Charitable Trust

Trustees' report on the accounts (continued) for the year ended 15th August 2025

Statement of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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This report was approved by the Trustegg on 4'" November 2025.
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MrN-AHarperis Mr J Coole rs W Church Ms H Fanyjnka
Trustee Trustee ustee Trustee ‘
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Doris Field Charitable Trust

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Independent Auditor's Report to the Trustees of Doris Field Charitable Trust

Opinion

We have audited the financial statements of Doris Field Charitable Trust (the ‘charity’) for the year ended 15th August 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

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Doris Field Charitable Trust

Independent Auditor’s Report to the Trustees of Doris Field Charitable Trust (continued)

Responsibilities of trustees As explained more fully in the trustees’ responsibilities statement set out on page 5, the trustees are responsible for the preparation of financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Use of our report This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Wenn Town lind

Wenn Townsend Chartered Accountants and Statutory Auditor Oxford 4t November 2025

Wenn Townsend is eligible to act as an auditor in terms ofsection 1212 of the Companies Act 2006.

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Doris Field Charitable Trust

Statement of financial activities for the year ended 15th August 2025

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||||||||| |---|---|---|---|---|---|---|---| |Total|Total| |Note|Unrestricted|Unrestricted| |Funds|2025|Funds|2024| |Income|from:| |Rental|income|2|494,061|471,925| |Investment|income|3|58,502|58,214| |Other income|2,856|2,969| |Total|income|555,419|533,108| |Expenditure|on:| |Costs|of|raising|funds| |Brokers’|charges|21,468|19,682|C| |Letting|agents’|fees|55,817|54,554| |Property|maintenance|(net|of insurance|premiums|received)|124,569|80,182| |Total|costs|of raising|funds|201,854|154,418| |Charitable|activities| |Grants|4|325,654|363,917| |Governance|costs|5|68,577|67,382| |Total|charitable|activities|394,231|431,299| |Total|expenditure|596,085|585,717| |Net|income/(expenditure)|before|gains on|investments|(40,666)|(52,609)| |Net|gains/(iosses)|on|investments|;|8|(348,682)|445,678| |Net movement|in funds|(389,348)|393,069|4| |Total|funds|brought forward|12,361,721|11,968,652| |Total funds|carried|forward|11,972,373|12,361,721|

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The notes on pages 11 to 25 form part of these accounts

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Doris Field Charitable Trust
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Balance sheet
At 15th August 2025
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Note
2025 2024
Fixed assets
Investments 8 11,929,993 12,325,931
Current assets
Debtors 9 120,024 128,187
Cash at bank 52,208 42,669
172,232 170,856
Creditors: amounts falling due
within one year 10 (122,552) (125,066)
Net current assets 49,680 45,790
Total assets less current liabilities 11,979,673 12,371,721
Creditors: amounts falling due
within one year 11 (7,300) (10,000)
Net assets £11,972,373 £12,361,721
Funds
Unrestricted income fund 12 42,380 35,790
Designated capital fund 12 11,929,993 12,325,931
Total funds £11,972,373 £12,361,721
These accounts were approved by the Trustees on 4'" November 2025.
Mr N Harper Mr J Cole Mrs W Church Ms H Fanyinka +.
Trustee Trustee flustee Trustee
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The notes on pages 11 to 25 form part of these accounts

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Doris Field Charitable Trust

Statement of Cash Flows for the year ended 15th August 2025

Note 2025 2024
Net cash flow from operating activities 14 (590,280) (577,825)
Cash flowfrom investing activities
Payments to acquire investments 8 (739,813) (587,246)
Proceeds from disposal of investments 8 788,684 643,079
Dividends and interest received 14 58,502 58,214
Rents received from investment properties 14 494,061 471,925
Netcash flowfrom investing activities 601,434 585,972
Net increase in cash and cash equivalents 11,154 8,147
Cash and cash equivalents at 15th August 2024 79,473 71,326
Cash and cash equivalents at 15th August 2025 £ 90,627 £ 79,473
Cash and cash equivalents consist of:
Cash at bank and in hand 52,208 42,669
Short term deposits 38,419 36,804
Cashandcashequivalentsat15thAugust2025 £ 90,627 £79,473

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Doris Field Charitable Trust

Notes to the accounts for the year ended 15th August 2025

1 Summary of significant accounting policies

a) Basis of preparation

Doris Field Charitable Trust is a charitable trust in England and Wales. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are detailed in the trustees report.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of lreland (FRS 102), the Charities Act 2011, and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, ([:] . modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded io the nearest pound sterling.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.

c) Income recognition

All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably ¢| and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

Rental income is recognised when receivable, on a straight line basis. Any rental income received in advance is deferred at the year end and included in accruals.

Investment income is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised when the charity's right to receive payment is established.

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Doris Field Charitable Trust

1 Summary of significant accounting policies (continued)

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Notes to the accounts (continued) for the year ended 15th August 2025

d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, itis probable that the settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.

Governance costs are those costs incurred in meeting the constitutional and statutory requirements of the charity.

e) Investment properties

investment properties are measured at fair value at each reporting date with changes in fair value recognised in ‘net gains / (losses) on investments’ in the SoFA.

f) Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains on investments’ in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

g) Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

h) Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from the impairment are recognised in expenditure.

Commitments made but not yet paid in respect of charitable grants are provided for in the financial statements.

j) Property transactions

Property transactions are treated as taking place on the date that contracts are exchanged.

k) Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 for UK corporation tax purposes.

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Doris Field Charitable Trust

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Notes to the accounts (continued) for the year ended 15th August 2025

Summary of significant accounting policies (continued)

i) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2 Rental income
2025 2024
Residential and commercial rents
Agricultural rents
490,340
3,721
468,225
3,700
£494,061 £471,925
3 Investment income
Dividends and interestfrom quoted securities
Bank and other interest
58,066
436
57,813
401
£58,502 £58,214

4 Grant payments

Thevalueofthe grantpayments (seenote 13)represents all ofthedirectcharitableexpenditure Thevalueofthe grantpayments (seenote 13)represents all ofthedirectcharitableexpenditure paidduring
the yearand is as follows:
Grants to institutions 323 grants (2024: 292) 325,654 363,917
£ 325,654 £363,917
5 Governance costs
Trustees’ expenses
Auditand accountancy
Professional fees
442
11,040
56,895
987
10,440
55,955
Sundry administration costs 200 -
£68,577 £67,382

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Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

6 Total expenditure includes:

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|||||| |---|---|---|---|---| |2025|2024| |Auditors’|remuneration:| |Audit|services|5,630|5,325| |Non|audit|services|5,410|5,115| |£11,040|£|10,440|

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7 Payments to trustees and connected persons

The following costs of generating funds were paid during the year to organisations with a family or business connection with a trustee:

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||||||||| |---|---|---|---|---|---|---|---| |Carter Jonas|Rental|income|72,804|88,206| |Blake|Morgan|LLP|Investment|income/rental|income|39,734|32,264| |£112,538|£120,470|

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Mr N Harper is a consultant to Carter Jonas and Mr J Cole is a consultant in Blake Morgan LLP. Carter Jonas and Blake Morgan charge fees on a commercial basis and neither Mr Harper nor Mr Cole vote in Trustee decisions in which they or their firms have an interest.

Expense reimbursements paid to two trustees (2024: two) during the year are in respect of travel and subsistence amounting to £406 (2024: £987).

No trustee (2024: none) received remuneration for services provided during the year.

During the year Carter Jonas paid rent of £50,000 (2024: £45,486) to the Trust in relation to their use of property owned by the Trust.

8 Fixed asset investments

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Listed| |Investment|Investments|Total|Total| |Properties|and|Cash|2025|2024| |Carrying|value| |Valuation|at|15th|August|2024|8,123,151|4,202,780|12,325,931|11,929,550| |Additions|-|739,813|739,813|587,246| |Increase/(decrease)|in|value|on|revaluation|(595,551)|235,566|(359,985)|470,421| |Increase/(decrease)|in|cash|-|1,615|1,615|6,536| |Disposal|proceeds|-|(788,684)|(788,684)|(643,079)| |Gain|on|disposal|-|11,303|11,303|(24,743)| |Valuation|at|15th August|2025|£7,527,600|£|4,402,393|£11,929,993|£|12,325,931|

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The investment properties were formally valued by Carter Jonas, Chartered Surveyors, with the work being completed by RICS qualified persons, as at 15th August 2025. The basis of valuation used was market value.

Cash included in ‘listed investments and cash’ amounts to £38,419 (2024: £36,804) and is held on deposit.

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Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

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|||||||| |---|---|---|---|---|---|---| |9|Debtors| |2025|2024| |Rents due|112,871|121,856| |Prepayments|5,888|5,084| |Other debtors|1,265|1,247| |£120,024|£128,187| |10|Creditors:|amounts|falling|due within|one|year| |Creditors — grants|payable|19,800|33,500| |Accruals|and|deferred|income|102,752|91,566| |£122,552|£|125,066|

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Deferred income totals £32,928 (2024: £36,119) and relates to rental income received in advance.

Included within creditors — grants payable are the following grants payable to which the trustees have committed:

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Year ended|15th|August|2025|£| |Breast|Cancer Now —|Professor|Nicola|Sibson’s|project|10,000| |Oxfordshire|Historic|Churches|Trust|5,000| |Alzheimer's|Research|UK|2,300| |Pancreatic|Cancer|UK|2,500| |Due|within|one|year|19,800| |Creditors:|amounts|falling|due|after|more|than|one|year| |Creditors — grants|payable|7,300|10,000| |£7,300|10,000| |Included|within|this|balance|are|the|following|grants|payable|to which|the|trustees|have|committed:| |Year ended|15th|August|2025|£| |Oxfordshire|Historic|Churches|Trust|5,000| |Alzheimer’s|Research|UK|2,300| |Due|after one|year|7,300|

----- End of picture text -----

11 Creditors: amounts falling due after more than one year

-15-

(

Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

12 Funds — 2025

Funds — 2025
Unrestricted
Unrestricted
Income
Designated
Capital
Total
At 15th August 2024 35,790 12,325,931 12,361,721
Income 555,419 - 555,419
Expenditure (596,085) - (596,085)
Gains/(losses) (realised and unrealised)
Transfers
-
47,256
(348,682)
(47,256)
(348,682)
-
At 15th August 2025 42,380 11,929,993 11,972,373
Analysis ofnetassetsbetweenfunds
Investments - 11,929,993 11,929,993
Net current assets 49,680 - 49,680
Long term liabilities (7,300) - (7,300)
42,380 11,929,993 11,972,373
Funds — 2024
At 15th August 2023 39,102 11,929,550 11,968,652
Income 533,108 - 533,108
Expenditure (585,717) - (585,717)
Gains/(losses) (realised and unrealised) - 445,678 445,678
Transfers 49,297 (49,297) -
At 15th August 2024 35,790 12,325,931 12,361,721
Analysis of net assets between funds
Investments - 12,325,931 12,325,931
Net current assets 45,790 - 45,790
Long term liabilities (10,000) - (10,000)
35,790 12,325,931 12,361,721

All funds of the Doris Field Charitable Trust are unrestricted.

An amount of £47,256 was transferred from the Capital Fund in 2025 (2024: £49,297 was added) to support current and future charitable expenditure.

-16 -

Doris Field Charitable Trust

( 7

. ( 7

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants

Grants approved at the Trustees’ meeting on 12th November 2024

Grants approvedapproved at the Trustees’ meeting onon 12th November 20242024
Recurringgrants were approved with the firstpaymentbeingmade to:
Oxford Hospitals Charity
Oxfordshire HistoricChurches Trust
Alzheimer's Research UK
22,500
5,000
2,300
Singlepayment grants weremade to:
The 3H Foundation
4,000
966 (W'ford) Squadron AirTraining Corp
AbbeyChamberConcerts
ACT
{1,000
500
4,000
Action MedicalResearch
Adderbury, Deddington & District Photographic Society
African Children's Fund
1,000
500
4,000
Alexandra House ofJoy
Amyand Friends
Apollos Clothing
TheArchway Foundation
Aspire Oxfordshire
Asthmaand LungUK
AsylumWelcome
Be FreeYoung Carers
Berinsfield Village Voice
Berkshire MSTherapy Centre
Blesma
1,000
1,000
1,000
1,000
1,000
1,000
1,000
4,000
1,000
1,000
1,000
Botleyand North Hinksey Parish Council
BotleyBoys and Girls Football Club
Boundary BrookCommunity Project
Bowel CancerUK
1,000
1,000
400
1,000
The Brainwave Centre Limited 1,000
British Wireless forthe Blind Fund 1,000
BucksVision
CalibreAudio
Cancer Research UK
500
1,000
2,500
Care forVeterans 600
Carterton Educational Trust 500
Changing Faces
Children's Burns Trust
1,000
1,000
Chilterns Neuro Centre Ltd 1,000
Chipping Norton Theatre Ltd.
Free Christmas Day Lunch
The Cirdan Sailing Trust
Common Sense Media
1,000
1,000
1,000
500
TheCorn Exchange (Newbury) Trust
CotswoldsArtsThrough Schools
CumnorPCC (Memory Cafe)
Cumnor Village Hall
DEMANDDesign&ManufactureforDisability
4,000
4,000
1,000
1,000
500

Sub-total c/fwd

38,500

-17-

Doris Field Charitable Trust

f

(

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 12th November 2024 (continued)

Sub-total b/fwd 38,500
Didcot TRAIN-inspiring Young People 1,000
Dunmore Primary School 800
East Oxford PrimarySchool 1,000
Oxfordshire Community Churches Edge Housing Project 1,000
ERIC 1,000
Family Holiday Charity 1,000
Flexicare (Oxford and Abingdon) 1,000
Food for Charities 1,000
Friends ofAston and Cote School 2,000
FutureTrees Trust 1,000
Gingerbread
Harmony Inspires Oxford Barbershop Club
1,000
500
Helen and Dougias House 1,000
Helen Arkell Dyslexia Charity 500
Hinksey Sculling School Ltd 2,000
Home Start Oxford 1,000
Home-Start Southern Oxfordshire 1,000
Human Values Foundation 1,000
Jet Basketball Club 500
Kids Cancer Charity 550
Lake Street Nursery and Pre-School ClO 500
LEAF (Linking Environment and Farming) 500
Let's Play Project RC 1180524 1,000
Look Good Feel Better 1,000
Mandala Theatre Company CIO 1,000
Britina Ltd ta Mathnasium North Oxford 500
Medical Detection Dogs 1,122
The Merry Opera Company Ltd 1,000
Millstream Day Centre 500
The Multiple Sclerosis Trust 1,000
NAWT Berkshire 500
NewYatt Riding forthe Disabled
North Leigh Youth Project
4,000
1,000
The North Wall Trust 1,000
The Open University Donations Account 1,000
Opera Anywhere Limited 500
Overcoming MS 1,000
Oxford Churches Debt Centre 1,000
Oxford City Farm 1,000
Oxford Food Hub 1,000
Oxford Mutual Aid 1,000
Oxford Philharmonic Orchestra Trust 1,000
Oxford Piayhouse Trust 1,000
The Oxford School ofDrama Trust 1,000
Oxfordshire Girlguiding 300
Oxfordshire Mind 1,500
Oxfordshire Motor Project 1,000
Oxfordshire South and Vale CAB (Current) 1,000
Parish ofCowley SaintJohn 1,000
PaviovaWindQuintet 500

Sub-total c/fwd

84,772

-18 -

Doris Field Charitable Trust

(

( .

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 12th November 2024 (continued)

Sub-total b/fwd 84,772
Pennyhooks Farm Trust
Quest for Learning
1,500
837
React
Response Organisation
RockUKAdventure Centres Ltd
: 1,000
1,000
1,000
Rose Hill Primary School
RNIB
600
1,000
TheRSPB
SchoolReaders
Mrs C Hickson
1,000
500
2,000
SonningCommon Primary School
Soundabout
750
1,000
St Mary's Headington PCC
StyleAcre
Tackley Village Memorial Hall
Tall ShipsYouth Trust
The Porch
4,000
4,000
1,000
1,000
2,000
Elizabeth Finn Care t/a Turn2Us 500
The Unicorn School 2,000
Valeand Downland Museum (Wantage) 1,000
Versus Arthritis 1,000
VillageWater
Walking with theWounded
Wallingford Volunteer Drivers
WantageChoral Society
Whizz Kidz
500
1,000
500
750
1,000
Willow Foundation 4,000
WitneyandWestOxfordshireFoodbank
TheWychwoods Day Centre Ltd
Yellow Submarine Holidays R/C 1136735
1,000
2,000
1,000
£116,209

£ 146,009

-19-

Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 4th March 2025

Recurring grants were approved with the first payment being made to: Breast Cancer Now Pancreatic Cancer UK

Breast Cancer NowNow 10,000
Pancreatic Cancer UKUK 2,500
Singlepaymentgrants were made to:
1stWychwood Scout Group 2,000
Abingdon Rugby Footbail Club Ltd. 1,000
Abingdon Town Amateur Boxing Club 500
Active Oxfordshire 1,000
Adoption UK
Against Breast Cancer
700
1,000
-
Age UK Oxfordshire 1,000
Aris at the Old Fire Station 1,000
Aston Rowant C ofE Primary School PTA 1,000
Autism Early Support Trust Limited 1,000
Barton Community Church 1,000
Melissa Bramble 1,000
Blind in Business Trust 1,000
Botley Bridges 500
BotleyYouth Club 1,000
Bowls Oxfordshire 600
Cecily's Fund 2,000
Cerebra-For Brain Injured Children and Young People 1,000
Child Brain Injury Trust 1,000
Children's Hospital Pyjamas 500
Chipping Norton Choral Society 1,000
Chipping Norton Lido Ltd. 1,000
Cianna's Smile 1,000
Combat Stress 1,000
Crohn's & Colitis UK
Dean and Chadlington Summer Music Festival
Dementia UK
500
1,000
1,000
.
(
The Disabled Sailors Association 1,000
Ellenor 750
The English Music Festival 1,000
Felix Fund 4,000
Friends of St Peters School 1,000
Garsington School PTA 1,000
The Guide Association Oxfordshire County - India 1,000
Headington Action 1,000
Hearing Dogs for Deaf People 1,000
Henry 1,000
Holy Trinity Church 1,000
Homeless People & the Oxford Churches (Gatehouse) 1,000
Horatio's Garden 1,000
Jennie's Children's Trust 1,000
Joss Searchlight 1,000
Keep Nethercote Rural 500
Kirtlington Community Shop and Cafe Limited 1,000
LVCAHailImprovementFund 1,000

Sub-total c/fwd

43,550

Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 4th March 2025 (continued)

‘-

(-

Sub-total b/fwd 43,550
Lawrence Home Nursing Team Ltd 1,500
Life 2009 1,000
Life Education Wessex 600
Lincoln College Vacation Project
Listening Books
The Lullaby Trust
The Macular Disease Society
1,000
1,000
500
1,000
Milcombe Charities 500
The Mint House, Oxford Centre for Restorative Practice 500
Museum ofModern ArtLimited/Modern ArtOxford
The Musical Youth Company ofOxford
1,000
1,000
National Youth Choirs of Great Britain 1,000
NewlifeThe Charity for Disabled Children
OperaAnywhere Ltd
OCMF
1,000
1,000
1,000
Oxford Gospel Choir
Oxford Hub
1,000
500
The Oxford Pastorate 480
Oxford Samaritans 1,000
OxfordWood Recycling Ltd
Oxfordshire Discovery College
The Parents and Friends of Bardwell School
500
1,000
1,000
The Parochial Church Council ofthe Ecclesiastical Parish ofSt Giles' Oxford 1,000
People's Theatre Collective Ltd
Plunkett Foundation
1,500
1,000
Prior's Court Foundation 1,000
Prisoners’ Education Trust 1,000
Read forGood R/C 1130309 1,000
Re-engage Ltd.
RetinaUK
RotaryClub ofBanbury Trust Fund
SANE
1,000
7,000
1,500
1,000
Scope
Shift.ms
Shine (Charity 249338)
Sobell House Hospice Charity Lid
StJohn Ambulance
1,000
1,000
1,000
1,500
1,000
St Mungo's Fundraising
St Peter & St Pauls Toddler Group
1,000
500
The StoryMuseum
Stroke Association
1,000
1,000
Sue Ryder Fundraising
Sunningwell School ofArt
Sunrise Multicultural Project
Teenage Cancer Trust
Terrence Higgins Trust Limited
Thames Valley AirAmbulance
TrinityLearning
1,000
500
1,000
1,000
1,000
2,000
750
Sub-totalc/fwd 89,880

~21-

Doris Field Charitable Trust

C

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 4th March 2025 (continued)

Sub-total b/fwd 89,880
Wantage Literary Festival 1,000
Waiterperry Opera Festival 1,500
Watlington Business Association 500
Watlington Concert Band 500
Wings forWarriors 1,000
The Oxford Diocesan Bell Fund 1,000
Witney Table Tennis Club 750
Women's Aid Federation of England 1,000
Young Lives vs. Cancer
YoungWomen'sMusicProject
1,000
500

£ 98,630

£111,130

-22-

Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

13

(—

é ;

Grants (continued)

Grants approved at the Trustees’ meeting on 17th June 2025

Singlepayment grants weremade to:
Action for Carers Oxfordshire
1,000
Action for M.E. 1,000
ADAPT 1,000
Anjali Dance Company Ltd
Ark-T Centre
500
1,000
Assisted Reading for Children Ltd (ARCh)
Assisting Berkshire Children to Read
Autism at Kingwood
Bampton Classical Opera
Banburyshire Citizen Project
Berinsfield Community Association
BerryYouth Centre
Blackbird Leys Adventure Playground C.I.O.
The Stour Federation - Brailes Primary
500
500
1,000
1,000
500
1,000
500
500
750
Brain Tumour Support
British Forces Foundation
600
500
British LiverTrust 1,000
Solomon Academic Trust 500
Cheney School Association
Child Autism UK
500
4,000
ChinnorVillage Centre
Clear Sky Children's Charity
Community Safety Education
Conservation Education & Research Trust
1,000
1,000
1,000
1,000
CF Dream Holidays
Cystic Fibrosis Trust
DunbarSea Cadets
500
1,000
3,000
Earth Trust 500
Edith Cavell Fund for Nurses 500
Emmaus Oxford 1,000
EpilepsyAction
Eynsham Museum and Heritage Centre
Footsteps Foundation
The Friends of Redstart Schoo!
1,000
500
1,000
500
Guideposts Trust Ltd
H.C.A.G.
1,000
1,000
Home-Start Reading
Thames Valley Partnership
Human Story Theatre
IndependentAge
Kennington Amateur Dramatics
Kidlington and District Information Centre
Kidlington Youth Football Club
Kidney Care UK
Leukaemia UK
500
500
1,000
1,000
500
1,000
400
1,000
1,000
The Living Paintings Trust 500
Sub-totalc/fwd 37,750

-23-

Doris Field Charitable Trust

‘a

( ;

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

Grants approved at the Trustees’ meeting on 17th June 2025 (continued)

Sub-total b/fwd 37,750
Lunchtime Recitals 500
Maggie Keswick Jencks Cancer Caring Centres Trust 1,000
Meningitis Now 1,000
Motor Neurone Disease Association 500
The Mulberry Bush Organisation Ltd 2,000
My Life My Choice 1,000
MyVision Oxfordshire 1,000
National Rheumatoid Arthritis Society 500
One-Eighty 1,000
OvertheWall
Oxford and District Mencap
750
1,000
Oxford City Council 500
Oxford Film and Video Ltd 750
Oxford Hospitals Charity 1,000
Oxford Lieder 1,000
Oxfordshire Children’s Diabetes Education Fund No. 0095 1,000
Oxfordshire Mind 1,000
Oxfordshire Play Association 1,000
Oxfordshire Youth 1,000
Parasol Project CIO 1,000
Peeple 500
Pegasus Theatre Trust 1,000
RAW Workshop 1,000
Refugee Resource 1,000
Regatta for the Disabled 765
Riverside Counselling Service 500
Rotary Club of Banbury Trust Fund 2,000
Roy Castle Lung Cancer Foundation 500
Royal Agricultural Benevolent Institution 500
The Royal Air Force Benevolent Fund
Royal Air ForcesAssociation
Sense
1,000
4,000
500
St Luke's Hospital 5,000
St Mary Magdalen Church 1,000
Starr in the Community CIC 1,000
The Hummingbird Centre 1,000
Thomiey Hall Centre Ltd 500
Together for Short Lives 1,000
Trail-blazers Mentoring Ltd 500
UKVeterans Hearing Foundation 1,000
Wallingford District RYL 500
The Watermill Theatre Ltd 1,000
Wild Boor Ideas 500
Wood Farm Parent and Toddler Group 1,000
Woodcote Community Centre Association 1,000
YouthscapeNational 500

£82,015

£82,015

-24-

Doris Field Charitable Trust

Notes to the accounts (continued) for the year ended 15th August 2025

13 Grants (continued)

----- Start of picture text -----
||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Total|grants|approved|at Trustee|meetings|in|the|year to|15th|August|2025|£ 339,154| |Grants|approved|in|the|year for|payment|in|future|years|17,100| |Grants|previous|approved|for which|cheques were|reissued|in|the|current|year|3,500| |Grants|cancelled|(600)| |Payments|for|grants|approved|in|previous years|(33,500)| |Total|grants|per Statement|of Financial|Activities|in|the year to|15th|August|2025|£|325,654|

----- End of picture text -----

14

Reconciliation of net income to net cash flow from operating activities

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |Net|income/(expenditure)|for the|year|(389,348)|393,069| |Dividends|and|interest|received|(58,502)|(58,214)| |Renis|received|from|investment|properties|(494,061)|(471,925)| |Gain/(loss)|on|disposal|of quoted|investments|(11,303)|24,743| |(Gain)/loss on|revaluation|of investment|properties|595,551|-| |(Gain)/loss|on|revaluation|of quoted|investments|(235,566)|(470,421)| |(Increase)/decrease|in|debtors|8,163|(19,720)| |Increase/(decrease)|in|creditors|(5,214)|24,643| |Net cash|flow|from|operating|activities|£|(590,280)|£|(577,825)|

----- End of picture text -----

25-