Oaklands Church - Trustees Annual Report The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1065893 Principal Office 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 Griffiths 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. To relieve sickness and financial hardship and to promote and preserve good health by the 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 time think fit. 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 The Trustees are satisfied that the charity has continued to fulfil the objects as set out in its constitution and is in a position to continue to do so.
Statement of trustees' responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees' annual report and financial 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 Trustee 31 st January 2026
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR Total Prior Year Variance ENDING 31ST MARCH 2025
INCOME STATEMENT
| 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 Mission Income School of Ministry Fees 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) Professional Services Resources, training & equipment School of Ministry Costs 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 - |
32,746 71,359 14,605 733 9,481 5,880 22,545 3,139 6,595 167,084 87,257 3,529 4,150 3,276 3,000 8,332 - 6,743 - 2,342 398 6,935 711 1,053 1,841 352 11,772 5,760 3,431 1,144 1,000 442 1,717 719 155,905 11,179 |
39,585 61,200 - 7,515 1,421 10,151 - 5,010 14,360 - - 139,242 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 - 1,478 162,296 23,054 - |
6,839 - 10,159 - 7,090 688 - 670 - - 870 8,185 3,139 6,595 27,842 3,081 1,192 - 1,685 744 2,400 - 2,178 - 3,894 - 833 - 251 - 927 238 - 4,307 653 225 991 - 415 - 197 - 85 1,472 2,005 1,144 5,134 - 4,405 - 114 - 124 - 67 - 472 - 759 - 6,391 - 34,233 |
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| OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
OAKLANDS CHURCH - FINANCIAL SUMMARY YEAR ENDING 31ST MARCH 2025 Total Prior Year Variance es a |
|---|---|---|---|---|---|
| BALANCE SHEET | |||||
| Fixed Assets | |||||
| Land & Buildings | 290,000 | 290,000 | - | ||
| Total Fixed Assets | 290,000 | 290,000 | - | ||
| Long Term Liabilities | |||||
| Mortgage - Kingdom Bank | 129,378 | 131,674 | 2,296 - |
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| Total Long Term Liabilities | 129,378 | 131,674 | 2,296 - |
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| EQUITY IN PROPERTY | 160,622 | 158,326 | 2,296 | ||
| Current Assets | |||||
| Cash at Bank - Oaklands | 51,410 | 51,679 | 269 - |
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| Cash at Bank - Fairfield | - | 17,571 | 17,571 - |
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| Cash at Bank - Fairfield Transfer to new charity | 17,571 - |
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| Cash Float | 97 | 97 | 0 - |
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| Debtors | 235 - |
235 | |||
| Prepayments | 5,490 | ||||
| Recoverable Gift Aid | |||||
| Total Current Assets | 56,997 | 51,541 | 17,605 - |
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| Current Liabilities | |||||
| Creditors | 711 | 1,464 | 753 - |
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| Designated Income to be paid out | 570 | 570 - |
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| Payroll Taxes Payable | 3,221 | 5,220 | 1,999 - |
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| Other Creditors | 101 | 105 | 4 - |
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| Pensions Payable | 646 | 746 | 100 - |
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| Wages Payable | |||||
| Total Current Liabilities | 4,678 | 8,105 | 3,427 - |
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| Net Current Assets | 52,319 | 43,436 | 14,178 - |
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| NET ASSETS | 212,941 | 201,762 | 11,882 - |
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| RESERVES | |||||
| Reserves brought forward | 81,762 | 122,385 | 40,623 - |
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| Transfer of Fairfield Balance to Charity 1213663 | - | 17,571 - |
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| Current years earnings | 11,179 | 23,052 - |
34,231 | ||
| Revaluation Reserve | 120,000 | 120,000 | - | ||
| Restricted Funds | |||||
| TOTAL CAPITAL AND RESERVES | 212,941 | 201,762 | 6,392 - |
Signed on behalf of the trustees: Christopher Pavett J[balf] 31st January 2026
Independent examiner's report on the accounts
| Report to the trustees/ members of |
Charity Name OAKLANDS CHURCH |
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|---|---|---|---|
| On accounts for the year ended |
31stMARCH 2025 | Charity no (if any) |
1065893 |
| Set out on pages | (remember to include the page numbers of additional sheets) | (remember to include the page numbers of additional sheets) |
I report to the trustees on my examination of the accounts of the above
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011
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 ~~(other than that disclosed below~~ *) which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
considered as part of an independent examination.
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.
- Please delete the words in the brackets if they do not apply.
|Signed:||Date:31stJanuary 2026
~~|~~|Date:31stJanuary 2026
~~|~~|
|---|---|---|---|
|Name:|Susan Ward|||
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|Relevant professional
qualification(s) or body
(if any):|FCCA|||
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|Address:|c/o ClearWay Accounting Limited, 167-169 Great Portland Street, London, W1W 5PF|||
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Oct 2018
IER