Oaklands Church – Trustees Annual Report
the year ended
31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1065893 Principal O�ice
Oaklands Church Unit 19, Ynyscedwyn Industrial Estate Ystradgynlais Swansea SA9 1DT
Trustees
The following trustees served during the year: Richard Steadman Christopher Pavett Owen David Clay Barnabas Samuel Harper Matthew Rees Andrew Peter Yeoman Ceirion Harries Andrew Gri�iths
Accountants
ClearWay Accounting 167-169 Great Portland St. London W1W 5PF
OBJECTIVES AND ACTIVITIES
To advance the Christian Faith in such ways and in such parts of the United Kingdom or the World as the Church Council may think fit.
provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the World as the Church Council from time
To advance education in such ways and in such parts of the United Kingdom or the World as the Church Council from time to time may think fit.
ACHIEVEMENTS AND PERFORMANCE
constitution and is in a position to continue to do so.
statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Signed of behalf of the trustees:
Christopher Pavett Christopher Pavett (Jan 30, 2025 22:52 GMT)
Christopher Pavett Trustee
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2024
Total
Prior Year
Variance
INCOME STATEMENT (BALANCE SHEET BELOW)
| INCOME Offerings Covenant Receipts HMRC Gift Aid Donations Subs, etc. Sales of tuck, books, CD's etc. External Ministry Rental & Sundry Income Secondment of staff to associated ministry Total Income - EXPENDITURE Salaries - Ministry Wages - Cleaning ER's Pension ER's NIC Missionary Support Travel Expenses Accommodation, meals, allowances Ministry Gifts Goods for resale Community Gifts Bulletins, flyers, books, banners Electricity Gas Water Telephone Insurances Licenses & Affiliation fees Bank Charges & Interest (Mortgage) Accountancy Support Resources, training & equipment Premises rental / hire Building maintenance & repairs Security Printing, Postage, Stationery, etc IT & Web etc. Cleaning Materials & Refuse collection Council Tax General Expenses Total Cash Expenses - Cash Net Income - Depreciation Net Income - |
39,585 61,200 0 7,515 1,421 10,151 0 5,010 14,360 139,243 84,176 4,721 2,465 2,532 5,400 10,510 3,894 7,576 251 1,415 636 2,628 (653) 486 2,044 2,256 549 11,687 4,288 1,426 6,134 4,847 114 124 67 1,245 0 1,478 162,295 (23,052) 0 (23,052) |
32,916 70,320 13,997 15,992 235 545 2,866 4,200 5,280 146,351 72,404 2,077 1,634 829 5,557 4,552 7,264 5,877 369 2,823 523 3,994 355 352 1,013 2,944 254 11,030 3,168 2,785 2,790 22,426 146 218 86 1,187 0 1,771 158,429 (12,079) (12,079) |
6,669 (9,120) (13,997) (8,477) 1,186 9,606 (2,866) 810 9,080 (7,108) 11,772 2,644 831 1,703 (157) 5,958 (3,371) 1,700 (118) (1,408) 113 (1,366) (1,009) 134 1,031 (689) 295 657 1,120 (1,359) 3,344 (17,578) (32) (94) (19) 58 0 (294) 3,866 (10,974) (10,974) |
|---|---|---|---|
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2024
Total
Prior Year
Variance
BALANCE SHEET
| Fixed Assets Land & Buildings Total Fixed Assets Long Term Liabilities Mortgage - Kingdom Bank Total Long Term Liabilities EQUITY IN PROPERTY Current Assets Cash at Bank - Oaklands Cash at Bank - Fairfield Cash Float Debtors Recoverable Gift Aid Total Current Assets Current Liabilities Creditors Designated Income to be paid out Payroll Taxes Payable Other Creditors Pensions Payable Wages Payable Total Current Liabilities Net Current Assets NET ASSETS RESERVES Reserves brought forward Current years earnings Revaluation Reserve Restricted Funds TOTAL CAPITAL AND RESERVES |
290,000 290,000 131,674 131,674 158,326 51,679 17,571 97 (235) 69,112 1,464 570 5,220 105 746 0 8,104 61,007 219,333 122,386 (23,052) 120,000 0 219,334 |
290,000 290,000 133,878 133,878 156,122 69,488 8,648 97 9,132 3,684 91,050 495 50 3,605 105 530 0 4,785 86,265 242,386 134,465 (12,079) 120,000 0 242,386 |
0 (2,205) 2,205 (21,938) 3,319 (25,257) (23,053) (23,052) |
|---|---|---|---|
Christopher Pavett Christopher Pavett (Jan 30, 2025 22:37 GMT)
Trustee - signed on behalf of the trustees
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of OAKLANDS CHURCH On accounts for the year ended 31" MARCH 2024 Charity no (if any) 1065893 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31103 12021. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (eth8Ft dis610 ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord wth the accounting records., or the accounts did not comply with the applicable requirements Conrning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter Considered as part of an independent examination. I have no concerns and have come across no other matters in conneGtion 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. Please delete the words in the brackets if they do not apply. Signed: Date: 2810112025 Name: Stephen Arthur Howell Relevant professional qualification(s) or body (il any): ICAEW- ACA Addre68: 11 Gelli'r Haidd, Tonyrefail, Rhondda Cynon Taff CF39 8AP IER Oct 2018