2025-03-31-accounts

Irs or Ire Charity No: 900560 Company No: 02461552

Legal and Administrative Details Directors and Trustees The directors of the charitable company (the charity) are its truslees for the purposes of charity law and throughout this report are collectively referred to as trustees. The trustees serving during the year and since the year end are listed below. None of the company directors has a service contract with the company. Board Membership One third lor the number nearest to one third} of the Irustees must retire at each Annual General Meeting (AGM}, those longest seNing retiring first and the choice be￿een any of equal service being made by drawing lots. A retiring trustee who remains qualified may be reappointed. Name Date joined Board October 2007 June 2016 December 2016 Jul 2019 November 2021 Se lember 2020 October 2022 ri12024 April 2024 Date re-elected Date resi nedlretlred November 2024 Gill Bindoff Jon Bri ht Malcolm Ta lor Andrew MCHU Bev Hindle Jackie Wilders in Christo her Kenneford Linda Ho an Emil Ur uhart November 2024 October 2023 October 2022 Janua 2024 November 2024 October 2023 Joint.CEO Joint-CEO Company Secretary Emily Lewis-Edwards Tom Mcculloch Shahdia Bibi Members 296 paid up members as at 31 March 2025 Parish and Town Councils 94 Individual members 20 Community and Village Halls 182 Registered and Principle Office South Stables, Worton Park, Worton, Witney, OX29 4SU Banker Unity Trust Bank. Nine Brindley place, Bimingham, B12HB Page 2 of 26

. otfffftlin1tyFTrgvoxro Legal and Administrative Details (continued) Independent Examiners Wenn Townsend 30 St Giles, Oxford, OX13LE. Registered Charlty Number 900560 Registered Company Number 02461522 President Jonathan Reuvid Honorary Patrons Mrs Catherine Bearder MEP Mrs Celia Collett MBE Dr John Sharp Page 3 of 26

Contents Chair of Trustees Report Trustees, Annual Report Report of the Independent Examiners 12 Principal Accounting Policies 13 Statement of Flnancial Activities 16 Balance Sheet 17 Statement of Cash Flows 18 Notes to the Financial Accounts 19 Page 4 of 26

Chair of Trustees Report l am delighted to be writing my first report as Chair of Trustees and my first task is to pay tribute to my predecessor, Gill Bindoff. Gill was a Trustee from October 2007 and had been associated with Community First Oxfordshire for many years before that. Gill was a superb chair and her experience, her wide range of interests and her attention to detsil were great assets for the Board. We miss her and wish her well in her retirement from the Board. Community First Oxfordshire continues to support Oxfordshire's people and places to work together and thrive. 2024-25 was a year of growth, both in the range of work and the number of stsff. New work to address health inequalities in partnership with local community groups saw numerous successful outcomes. Pioneering work in selling up structures for stewardship of local resources has attracted wide interest and potential further commissions. Communty Led Housing initiatives were supported by funding to appoint a Local Housing Enabler and this bolstered Community First Oxfordshire's influenb-al work in this area. The core work also continued, induding community development, regular commissions for Neighbourhood Plans, Housing Needs Assessments and other planning related work and support for village halls and shops. Our joint Chief Executives continue to show their flexibilty, deep commitment and considerable skills in managing ongoing change and ensuring the expanding workforce is well supported. The last financial year ended with a small surplus which indicates how well managed the budget was. The size of the budget has been increased by the fvjnding for the Well Together programme and other projects. New members of staff have joined the organisation to develop these areas of work. CFO has very effective financial controls in place and has been Suc￿sSful in managing these new programmes as well as sustaining other work. Horizon scanning to ensure sustainability of the work is essential and this year a su￿Ssful grant application has funded important research on the needs of the voluntary sector in the face of a changing world. The Board agreed to invest money into a review of branding and communication and this work was carried out in 2024-25. Stsff and Trustees were all involved in the review and in shaping the proposed new website. The results are impressive and will lead us into a strategic review in 2025-26. We have a strong Board of Trustees and we continue to actively seek new members who will add to our range of skills and experience. We were sory to see Bev Hindle leave the Board as his contributions and his great expertise in strategic planning were invaluable. We wish him well as he builds his new home away from Oxfordshire. l am gratefvl for the commitment of everyone on the Board and look forward to our continued role in supporting Tom and Emily and providing supportive scrutiny to the work of the organisation. Jackie Wilderspin Chair of Trustees Page 5 of 26

Ir Trustees, Annual Report The trustees presenttheir report and the financial statements of the charity for the year ended 31st March 2025. In preparing the annual report and financial statement the trustees have adopted the provisions of the Statem8nt of Recommended Practice (SORP) °Accounting and Reporting by Chanties. IFRS 102) and adhered to current statutory requirements and the goveming documents of the charity. Objective and actlvitias The objects of Community First Oxfordshire {CFO) are: "to promote any charitable purposes for the benefit of the commLJnity in the administrative county of Oxfordshire,. and to promote and organise co-operation and to carry out any activity within or outside the county that assists in the achievement of the said purposes." {Memorandum of Association) CFO was formerly known as the Oxfordshire Rural Community Council, which was founded in 1920-the first rural community council in England. Within this legal framework. CFO'S work is driven by our vision and mission: Vision Strong, diverse, inclusive, and thriving communities Mission SupF()rting communities to find solutions to their planning, housing, social action, and service needs. Promoting positive change for all. We regulady consider how effectively the aims of the charity are being carried out, through the activities undertaken for the public benefit. The organisational aims are reviewed and, if appropriate, refined or amended. outcornes are considered afresh, and work programmes are derived from the agreed aims and outcomes. Public benefit The trustees have complied with the duty in sedion 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission. The primary focus of the objectives and activities of CFO is to support communities in Oxfordshire in their planning, housing, social action, and Servi￿ needs. Page 6 of 26

Achievemenls and perfomiance 2024-25 was another exceptionally busy year for CFO as we launched new partner programmes, such as the major health inequalities funding programmes. Stop Smoking Outreach Work and carrying out community research in Witn8y and Bicester. We also continued focusing on improving aC￿sS to affordable housing pathways via the Rural Housing Enabler service, thanks to funding from Defra and working on comrnunity led housing. CFO has continued to support volunteers and local groups in Oxfordshire's communities via our community engagement and planning services and our advice services. We have performed well on our core services funded by Defra and local authorities and at the same lime delivered well on project specific work funded via the County Council's Adult Social Services and the Integrated Care Board. We have a new logo and website: www.communi refreshed organisation strategy in 2025. lrstoxon.or and will be moving onto a new and Please see our annual review for 2024-25 for more infomation. Page 7 of 26

Financial review General overview Overall the financial ststements show a small surplus of £8,663 before gainsllosses on investments (2024: surplus of £42,648). Classification of funds and reseNes policy CFO'S income and reserves are of two types - restricted and unrestricted. Restricted funds are funds, and any reserves arising from them, that a donor gives for a closely defined purpose or that, exceptionally, arise from a contract whose tenns cause it to be deemed a restricted fvnd. Each such fvnd must be accounted for separately and must only be spent for the specified purpose. Unrestricted fvnds are not subject to such restrictions. Grants given with a general statement of their purpose andlor the donor's wishes are unrestricted, as is income from most contracts. Unrestricted funds are divided into bNO'. General fvnds.. These comprise the day-to4ay operating funds of CFO and may be spent on any purpose that furthers the objects of the tharity., Designated funds: These are sums voluntarily set aside by the trustees for particular uses. CFO maintains separate accounts within general funds of income and expenditure in each project area (community development, community halls, transp)rt, etc} and for designated funds. CFO aims to maintain a general reseNe equivalent to at least six months, expenditure to ensure that the charity is able to meet its regular commitments, including salaries and rent, rates and utilities. A general reserve is also ne￿SSary because of the uncertainly of income from year to year and the uneven occurrence of its receipt during the year, as well as to provide cover against the risk of unforeseen commitments and liabilitles arising. At the end of 2024-25 the general reserve, exduding designated funds, represented just over12 months, expenditure. Designated reserves are reviewed annually and currently consist of: A designated fund specific to supporting initiatives such as Community Development projects and specific grant focused work. The totsl designated funds at1 April 2025 was £19,850 (1 April 2024 was £19,850). a Business Development fund which is used to promote the charity and to fund the investigation of new income streams for th8 benefit of the charity and beneficiaries. The total fund at 1 April 2025 was £7,000 (1 April 2024 was £7,000). a Contingency fund, which was established to ensure that there were sufficient funds to meet any unexpected occurrence. The trustees determined that fund should continue to be £45,000 at1 April 2025 (2024.. £45,000). Movernent in the designated funds in 2024-25 are shown in Note 16 to the financial statements. Total r8Stricted funds at 1 April 2024 were £0 {2023: £0>. Details of restricted ftjnds can be found in Note 17. Page 8 of 26

Investment policy The charity investment policy was reviewed in 2020 after several years of a conseNative approach with our reserves that were more than the amount necessary to cover any contractual obligations plus 6 months expenses. The trustees surmised that there would not be a significant call on our excess resetves and a decision was reached that a portion of the ex￿$$ reserves be invested (Note 10), All other funds remain as cash in interest-bearing deposit accounts. Cashflow is monitored to ensure that as high a proportion of reserves as possible is kept in interest bearing accounts. Grant making policy Grant schemes are administered according to established criteria and terms and conditions agreed with fvnders. Applications must be made in writing in accordance with specified prO￿dureS and accompanied by project details, cost estimates and evidence of financial need. The applications are assessed according to the criteria in consultstion with relevant funders andlor an independent grants panel. Grant offers are made conditional on the project being completed according to the applicant's proposal and on actual costs reaching at least the agreed level, otherwise the grant can be reduced. Applicants are required to confirm in writing their acceptance of the offer on the stated temis and conditions. Annual reports on the use of grant funds are provided to relevant fvnders in line with the agreements with them. Structure, governance and management of the charity Community First Oxfordshire is incorporated as a company limited by guarantee under the Companies Act 1985 (as updated by the Companies Act 2006) and is also registered as a charity. Its goveming document is the Memorandum and Articles of Association of the company dated 28 June 2018. The members of CFO'S Executive Committee (the Board) are both company directors and the charity trustees. Method of appointment of trustees As set out in the Memorandum and Artides ofAssociation, the trustees are elected at the Annual General Meeting. The number of trustees is determined by the board, with the current maximum being fifteen. The Chair and VI￿ Chair are elected at the first meeting of the board following the AGM. The trustees have the power to co-opt individuals to provide a greater breadth of experience and skills to the board, provided that the number of c0￿pteeS does not exceed three, or one third of the number of elected members (whichever is the greater}. At each Annual General Meeting, one third of the trustees must retire. those longest in Offi￿ retiring first and the choice between any of equal s8rvice being made by drawing lots. A retiring trustee who remains qualified may be reappointed. Any member of CFO can stand for election as a trustee provided helshe is properly nominated and seconded by other members. The trustees who served during the year, appointments and resignations, are set out within the legal and administrative details on page 2. Trustee induction and training All trustees are issued with a copy of the Board Members, Handbook which sets out their obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes, a résumé of the strategic plan and recent financial perfonnance of the charity. They are actively encourag8d to meet staff and leam about their roles and Page 9 of 26

responsibilities. Trustees are given the opportunity to attend appropriate extemal events that wll help facilitate the effective undertaking of their role. Organisation The board of trustees administers the charity. The board meets bi-monthly and there is a bi-monthly Finance Sub-committee which are held a week before board meetings. The day-to-day management of CFO is entrusted to the Iwo senior members of staff, who are designated Joint CEOS, reporting to the Chair. To facilitate effects've operations, the CEOS, have delegated authority, within temis of delegation approved by the trustees, for operational matters including finance and human resources. Subsidlary company To generate trading income from SoUr￿S other than statutory organisations, CFO set up a trading am, ORCC Trading Limited, in September 2010. The trading company's object is to support the charity in ways that are consistent with the charity's values and principles. The first enterprise of the trading ami was to develop a county-wide, community-based bulk-buying scheme for central heating oil, which was subsequently franchised to other rural community councils. From 1 April 2014 the ongoing activities of ORCC Trading Limited, induding the oil buying scheme, were transferred into Community First Oxfordshire. ORCC Trading Limited continues as a dormant company until new trading opportunities are identified. Partner organisations CFO works closely with Oxfordshire Community and Voluntary Action (OCVA), from whom it is subcontracted part of Oxfordshire County Council's Voluntary Sector Infrastructure Support contract. Risk assessment The trustees assess and manage risks as part of the annual strategic planning prO￿sS using the approach recommended by the Charity Commission, and measures to mitigate such risks are kept under review on a regular basis, Financial risks are monitored by the Finan￿ SulFCommittee. The major risks comprise.. an eX￿sSive dependen￿ upon statutory sources of income in circumstsnces where these are under continuing pressure at every level of govemment. this may lead to both political and economic pressure on the organisation. This is being addressed by careful liaison with traditional funding bodies and potential delivery partners and through an active search for sources of non- public sector funding and paid-for work, such as Town Planning and Stewardship ￿MmIssIOns. inappropriate projects andlor partnerships with organisations that may not be consistent with CFO'S values, aims and mission. This is being addressed by the application of the charity's strategic objectives and income generation principles. The trustees also recognise that there are potential risks associated with the level of its reserves, and its investments. both of which are carefvlly monitored and managed. Future outlook CFO, much like all charities, continues to face pressure on its traditional routes of finances as the Government pursues its deficit reduction programme, which has a significant impact on govemment departments and local authorities from where much of the chartty's funding has come. We have addressed this by both reducing our costs (where possible) and seeking other sources of grant frjnding and commissions i.e. taking up projects that align with the charity's objectives but have non-traditional Page 10 of26

fvnding, such as our new Town Planning seNices including neighbourhood planning and placemaking and stewardship projects along with community-led housing. The trustees consider that the charity now has experienced and well-motivated staff and a structure and cost bas8 that is appropriate to the current ft)cus and size of the oiganisation. Th8 Staff can be assisted as required by our small panel of associates and by working closely with our partner organisations. Taking into account the confirmed level of grant funding and expecled commissioned work, the trustees expect the charity to see another balanced budget in 2025126. CFO'S 5-year Strategic Plan will be reviewed in 2025 following on from the 2024 branding and communications work. This report has been prepared having taken advantage of the small companies, exempb'on in the Companies Act 2006. This report was approved by the board oftrustees on 31 July 2025 and signed on its behalf by-. Jackie Wilderspin Chair of Trustees Page11 of26

Independent Examiner's Report to the Trustees of Community First Oxfordshire. I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 17 to 27. Responsibilities and basis of report As the charity trustees of the company (and also its directors for the purposes of company law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Yhe 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 (Ihe 2011 Acf). In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent examiner's ststement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examinakn.on because l am member of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordan￿ with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Benjamin Hayes Bsc FCA Wenn Townsend Chartered Accountsnts 30 St Giles, Oxford, OX13LE 31 July 2025 Page 12of 26

Principal Accounting Policies General Inforniation and basis of preparation. Community First Oxfordshire is a charitable company limit8d by guarantee in the United Kingdom. In th8 event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity infomation on page 2 of these financial statements. The nature of the charity's operations and piincipal activities are delailed in the Trustees, Report. The charity constibjtes a public benefit entity as defined by FRS 102. The financial ststements have been prepared in accordan￿ with Accounting and Reporting by Charities.. Statement of Recommended Practi￿ 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 Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 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 fvnctional currency of Ihe charity. 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 ststed. Funds and reserves Unrestricted funds are available to spend on activities that further any of the purpos8s of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for specific purposes. Restricted funds are funds, and any reserves arising from them, that a donor gives for a closely defined purpose or that, exceptionally, arise from a contract whose terms cause it to be deemed a restricted fund. Investments As part of a review of our conservative approach to reseNes, the trustees surmised to invest a portion of the funds into COIF Charitable Ethical Investrnent Fund. This invesknent will be kept under review under the charity's investment policy. Income recognition All incoming resources are induded in the statement of financial activities (SOFA) when the charity is legally entitled to the income and the amount can be quanttfied wrth reasonable accuracy. For legacies, entillement is the earlier of the charity being notified of an impending distribution or the legacy being received. Page 13of 26

Principal accounting policies (continued) Pro ect rants Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows: when donors specify that donations and grants given to the charity must be used in future accounting periods the income is deferred until those periods; when donors impose conditions, which have to be fuFfilled before the charity becomes entitled to use such income the income is deferred and not included in incoming resources until the preconditions have been met. when donors specify that donations and grants, including capital grants. are for particular purposes which do notamount to preconditions regarding the entillemenl, this income is included in incoming resources when receivable. Interest receivable Interest is induded on a re￿1vable basis by the charity. 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, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is charged on an accruals basis and allocated between: costs in furtherance of charitable objects expenditure incurred in the governance of the charity (governance costs). All expenditure included in the Stalernent of Financial Activities (SOFA) has been classified under headings that aggregate all costs related to the category. Governance costs are the costs associated with the governance arrangements of the charity and include external examination, legal advice for trustees and costs associated with constitutional and statutory requirements, e.g. the cost of trustee meetings and preparing statutory financial statemenls. 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, the cost is accrued as soon as the recipient is nots'fied of the grant, as this gives rise to a reasonable expectation that the recipient will re￿1ve the grant. Where grants are conditional on performan￿ the grant is only accrued when the conditions set by the CFO grant offer are met. Page 14 of 26

Principal accounting policies (Continued) Tangible fixed assets and depreciation Tangible fixed assets are capitalised at cost where the acquisition value is greater than £250 and are stated at cost, net of depreciation. Depreciation on fixed assets is provided at rates calculaled to write down the cost less estimated residual value by equal annual instalments over their expected useful lives. The rates applicable are: Furniture, fi'xtures and fitting Computer equipment 3 years (straight line) 3 years (straight line) Debtors and creditors receivable or 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 lo&ses arising from impairment are recognised in expendibjre. Impaimient Assets not measured at fair value are reviewed at each balance sh￿t date for any indication that the asset may be impaired. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carying amount. Where the carrying amount exceeds its recoverable amoun( an impairment loss is reccwjnised in profit or loss unless the asset is carried at a revalued amount where the impainnent loss is a revaluation decrease. Tax CFO 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 of Schedule 6 of the Finan￿ Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Operating lease agreements Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged in the SOFA on a straight-line basis over the period of the lease. Employee benefits When employees have rendered service to the charity, short-temi employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The charity operates a defined contribution pension plan for its employees. Contributions are therefore expensed as they become payable. Further details are shown in Note 19. Going concern The financial statements have been prepared on a going concem 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 the next 12 months. The trustees have considered the potential impacts of the cost of living increases and dimate change on the organisation and the beneficiaries. We have predicted an increase in project specific fvjnding and commissioned work but as we do not rely on fundraising activities we are not as easily effected as other charities. The truste8s consider the budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going Con￿rn. Page 15of 26

Statement of Financial Activities (Incorporating an Income and Expenditure Account) Unrestricted funds 2025 Restricted Funds 2025 Total Funds Total Funds 2025 2024 Nots Income From.. Project Grants Investment Income Other Income Totsl Income 265,788 21,397 33,776 320,961 209,694 475,482 21,397 33,776 530,655 415,053 12,884 33,934 461,871 209,694 Expenditure on: Charitable Expenditure: Costs in furtherance of charFtable objects Totsl expenditure 312.277 209,715 521,992 419,223 312,277 209,715 521,992 419,223 Net Incomel{expenditure) before Gainsl(losses) on Invesknents 8,684 (21) 8,663 42,648 Net Gainsl(Losses) on Inveslments Net Incomel(Expenditure} 10 7,655 1,029 7,655 1,008 18,712 61,360 (21) Transfers between funds Net movement in funds 15 (21) 1,008 21 1,008 61,360 Balan￿S brought Forward 579.561 579,561 518.201 Balances Carried Forward 580,569 580,569 579,561 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. The accompanying accounting policies and notes form part of these financial statements Page16of26

Balance Sheet Notes 2025 2024 Fixed Assets Tangible Assets Investments 10 362,626 362,626 270,281 270,281 Current Assets Debtors Cash in Hand 11 18,276 369,227 387,503 (169,560) 16,438 393,241 409,679 (100.399) 309,280 Creditors: amounts falling due within one year Net Current assets 12 217,943 Total Assets less Current Liabilities 580,569 579,561 Net Assets 580,569 579,561 Funds Unrestricted Designated General Restricted Total Funds 16 15 17 71,850 508,719 71,850 507,711 580,569 579,561 The financial ststements are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 March 2025 the company was entitled to exempÉion from audit under section 477 of the Companies Act 2006 relating to small companies. Directors responsibilities: The members have not required the company to obtsin an audit of its accounts for the year in question in accordance with Section 476" The directors acknowledge their responsibilities for complying wilh the requirements of the act with respect to accounting records and the preparation of accounts. These financial statements were approved by the members of the board on 31 July 2025 and are signed on their behalf by. Jackie Wilderspin Company registered number 2461552 Chair of Trustees Chartty Registered Number 900560 The accompanying accounting policies and notes form part of these financial statements. Page 17 of26

ststement of Cash Flows 2025 2024 Cash flows from operating activities 54,589 23,293 Cash flows from investing activities Interesudividends re￿iVed Purchase of investments Net cash from investing activities 21,397 (100,0001 (78,6031 12,884 12,884 Change in cash and cash equivalents in the reporting period {24,014) 36,177 Cash and cash equivalents at1 April 2024 393,241 357,064 Cash and cash equivalents at 31 March 2025 369,227 393,241 Reconciliation of net Income to net cash flow from operatlng activities Net income for the year 1,008 61,360 Investment income Net (gains)nosses on investments Decreasel(increase) in debtors (Decrease)fincrease in creditors (21,3971 112,884) 7,655 118,712) 11 ,8381 8,674 69,161 {15,1451 Net cash flow from operating activities 54,589 23,293 Page 18 of26

Notes to the financial statements 1. Project Grants and Contracts Unrestricted funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Planning and Stewardship Consultancy Voluntary Infrastructure Contract Rural Communities Support- Defra (Representation) Communities Support- Distiict Councils Community Transport Umbrella Insurance Placemaking Projects Collaborative Housing HUB Community Development Consultancy Connected Communities Fund Ukrainian Community Transport Project Abingdon Caldecott Community Profile Grant Cherwell Funding for Support of Oil Heating Scheme Rural Housing Enabler Well Together Programme Faringdon Nature Makers and Climate Champions Stop Smoking Outreach Project TNLF Infrastrudure Research 35,065 Total Incoming Resources 265,788 209,694 £155,238 of the above income in 2024 was attrrbutable to restricted funds. 2. Investment Income 26,125 26,125 33,949 60,000 60,000 60,000 39,640 39,640 39,640 23,499 23,499 43.249 1,690 10,431 18,500 10,431 18,500 60,940 12,000 58,378 58,378 18,197 16,000 16,000 19,750 8,000 8,000 24,900 3,810 3,810 24,189 3,480 3,480 3,040 53,687 101,367 53,687 101,367 27,001 46,508 2,500 2,500 15,000 15,000 35,065 475,482 415,053 Unrestricted funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Bank Interest Re￿1vable Dividends Receivable Totsl Investment Income 21,397 None of the above income in 2025 attributsble to restrtcted fvnds. 8,912 12,485 8,912 12,485 5,153 7,731 21,397 12,884 Page 19 of26

Notes to the financial statements {continued) 3. Other Income Unrestricted funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 General Membership Fees Village Hall Membership Fess Oil scheme income Donations Other Total Incoming Resources 6,835 9,100 14,141 200 3,500 33,776 6,835 9,100 14,141 200 3,500 33,776 6,485 10.570 14,445 165 2,269 33,934 None of the above income in 2025 was attributable to restricted funds. Costs in Furtherance of Charitable Objects: Unrestrfcted Restrictad funds 2025 Funds 2025 Total Funds 2025 Total Funds 2024 Salaries Grants Paid Travelling Professional & consultancy fees Affiliations & Subscriptions Training & Conferences Premises Promots'onal & website costs Print, post, telephone & IT Depreciation Other Costs G0Veman￿ Costs - see note 5 Total 183,274 11,810 2,570 46,044 26,584 5,499 13,210 352 16,473 202,587 385,861 11,810 4,258 46,150 26,584 5,779 13,210 352 20,655 296,146 47,311 3,398 17,265 10,140 2,158 13,128 193 17,613 1,688 106 280 4,182 4,901 1,560 312,2 872 5,773 1,560 521,992 10,376 1,495 419,223 209,715 £155,238 of the above expenditure in 2025 was attributable to restricted funds Page 20 of 26

1. Governance Costs Unrestrlcted funds 2025 Restricted Funds 2025 Total Funds 2025 Totsl Funds 2024 Examinerfs Remuneration 1,560 1,560 1,495 Total 1,560 1,560 1,495 None of the expenditure in 2025 was attributable to restricted expenditure.
2. Related Party Transactions The trustees did not receive or waive any remuneration during the year (2025: nil) and there was no reimbursement in respect of travelling expenses (2025.. nil).
3. Employees The Aggregat8 Payroll Costs were.. 2025 2024 Wages & Salaries Social Security Costs Pension contributions 340,161 29,588 16,112 385,861 260,122 23,053 12,971 296,146 The average number of Employees and Full Time equivalents (FTE} during the Year w8re 2025 FTE 2025 Number 2024 FTE 2024 Number Office & management Operational 4.0 10.0 14.0 13.0 17.0 6.2 9.0 10.8 No employee earned rnore than £60,000 in the current or prior year. Mana emenl Personnel The trustees consider the board of trustees and the senior management team comprise the key management personnel of the charity responsible for directing and controlling, running and operating CFO on a daily basis. The trustees are listed on page bNo. The senior management team in 2024125 and going fotward are.. Joint Chief Executive Officer Joint Chief Executive Officer Emily Lewis-Edwards Tom Mcculloch Page 21 of 26

Pay Policy for key management personnel All trustees give of their time freely and no trustee received remuneration in 2024125. Details of trustees, expense and related party transactions are shown in notes 6 and 7, Because of the nature of the charity, the trustees b8nchmark salaries against pay levels in local govemment and charities in similar fields. The pay of staff is reviewed annually based, normally on the annual cost of living increase calculated using the average of the Consumer Price Index (CPI). The total remuneration of the senior management team in 2024125 was £94,49012023124: £89,142). 8. Grants paid During the year ended 31 March 2025 5 community groups were funded through the Ukrainian Community Transport Funds. CFO also waive membership fees for 30 vulnerable people using our oil buying scheme. 9. Tangible Fixed Assets Furniture, Fixtures & Fittings Computers Total Cost As at1 April 2024 Additions Disposals As at 31 March 2025 12,953 11,276 24,229 12,953 11,276 24,229 Depreciation As at 1 April 2024 Charge forthe year Disposals As at 31 March 2025 12,953 11,276 24,229 12,953 11,276 24,229 Page 22 of 26

muni 10. Investments 2025 2024 Fair Value at1 April Additions Net gainl{loss) on change in fair value 270,281 100,000 251,569 17,6551 362,626 18,712 270,281 An investment of £1 is the £1 share capital of ORCC Trading Limited, a company registered in England and Wales (number 07367260), a wholly owned subsidiary company. As at 31 March 2025 the company was dormant with net assets of £1. An investment of £150,000 was made to COIF Charities Ethical Investment Fund in 2020, a further £1(X),000 was invested in this fund in 2023 and £100,000 was invested in this fund in 2025. This investment will be reviewed annually under the charity's investrnent policy. 11. Debtors 2025 2024 Other Debtors Prepayments Accrued Income 16,796 1,059 421 18,276 13,997 2,441 16,438 12. Creditors: amounts falling due within one year 2025 2024 Taxation and social security Income received in advan Other Creditors Accruals 8,935 156,021 764 3,840 169,560 12.141 80,172 4,391 3,695 100,399 13. Deferred Income 2025 2024 Balance at 1 April Membership Income released in year other income released in year Membership Income deferred in year Other income deferred in year 80,172 15,025) (75,147} 5,495 150,526 156,021 87,053 (11.098) (63.144) 9,102 58,259 80,172 Membership income is deferred to a future period when it is received in advan￿ of the financial year for which the subscription is paid. Other income (for grants and contracts) is deferred when it is received in advance of the period of activity to which it relates. Page 23 of 26

ommun 14 Analysis of Net Assets 2024125 Unrestrided funds 2025 Restrided Funds 2025 Total Funds 2025 Tolal Funds 2024 Tangible Fixed Assets Investments Current Assets Current Liabilities Total 362,626 367,503 (149,560) 580,569 362.626 387,503 (169.5601 580,569 270,281 409,679 (100,399) 579,561 20,000 (20,000) Analysis of Net Assets 2023124 Unrestricted funds 2024 Restricted Funds 2024 Totsl Funds 2024 Total Funds 2023 Tangib18 Fixed Assets Investments Current Assets Current Liabilities Total 270,281 378,763 (69,483) 579,561 270,281 409,679 (100,399) 579,561 251,569 382,176 (115,544) 518,201 30,916 (30,916) 15. Funds 2024125 General Funds Designated Funds Restricted Funds Total funds At l April 2024 Incoming Resources ReSoUr￿S Expended Transfers between funds Total 507,711 320,961 {319,932) (21) 508,719 71,850 579,561 530,655 (529,647) 209,694 (209.715) 21 71,850 580,569 Funds 2023124 At 1 April 2023 Incoming Resources Resources Expended Transfers bebNeen funds Totsl 445,451 325,345 (263,985) 900 507,711 72,750 518,201 480,583 1419,223) 155,238 (155,238) (900) 71,850 579,561 Page 24 of 26

16 Designated Funds 2024125 At 1 April Incoming 2024 Outgoing Balance at 31- Mar-25 Transfers Community Development Fund SCTC19 COMF Fund for training Business Development Fund Contingency Fund 16,850 16,850 3,000 3.000 7,000 7,000 45,000 71,850 45,000 71,850 Deslgnated Funds 2023124 Community Development Fund SCTC19 COMF Fund for training Business Development Fund Contingency Fund 17,750 (900) 16,850 3,000 3,000 7,000 7,000 45,000 72,750 45,000 71,850 {900) Business Develo ment Fund This fund is used to promote the charity and to fund the investigation of new income streams for the benefit of the charity. Contin enc Fund This fund was established to ensure that there are sufficient funds to meet CFO'S obligations should the charity cease to operate. The balance on this fund is reviewed annually. Pro ect focused desi nated fund These ring-fenced funds were transferred from restricted funds as they were no longer deemed restricted because of agreed changes to the fvnding priorities. The project focused designated funds will be used to support specific initiatives such as Community Development projects and specific project focused work in line with funding theme. Page 25 of 26

ni rs re 17 Restricted Funds 2024125 Balance blfwd Balance at 31- Mar-25 Incoming Outgoing Transfers DEFRAJACRE Fund Rural Housing Enabler Well Together Programme Stop Smoking Outreach Projecl 39,640 53,687 101,367 15,000 (39,640) (53,708) (101,367} (15,000) 21 209,694 1209,715) 21 Restricted Funds 2023124 DEFRAIACRE Fund Ukrainian Community Transport Project Abingdon Caldecott Community Profile Grant Rural Housing Enabler Well Together Programme 39,640 20,900 (39,640) 120,900) 21,189 (21,189) 27,001 46,508 (27,001) (46,5081 155,238 (155,238) Restricted funds include funding from Defra via our national umbrella organisation Action with Rural Communities in England {ACRE}. This government funding must be treated as restricted funds and is for the use of community development in Oxfordshire's rural communities and Rural Housing work. The Well Together Programme is a 2-year programme funding grassroots groups in 10 wards in Oxfordshire to address health inequalities via a team of Community Capacity Builders which are employed by CFO. The Well Together Funds are treated as restricted as agreed with the funder (Integrated Care Board, NHS). The Stop Smoking project is a 1-year outreach project funded by Oxfordshire's Public Health. 18. Operating Lease Commitments 2025 Land and Buildings 2024 Land and Buildings Other Other Less than one year Be￿een one and five years Totsl 832 800 24,750 24,750 6,750 6,750 832 800 19. Pension Obligations CFO has no pension obligations in 2024125 other than the routine payment of employer contributions to the Growth Plan 4 pension scheme, which is a defined contribution scheme. Page 26 of 26