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**| |---|---|---|---| |**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
-| |Total Long Term Liabilities|**129,378**||**131,674**||**2,296**
**-**| |**EQUITY IN PROPERTY**|**160,622**||**158,326**||**2,296**| |**Current Assets**|||||| |Cash at Bank - Oaklands|51,410||51,679||269
-| |Cash at Bank - Fairfield|-||17,571||17,571
-| |Cash at Bank - Fairfield Transfer to new charity|||17,571
-||| |Cash Float|97||97||0
-| |Debtors|||235
-||235| |Prepayments|5,490||||| |Recoverable Gift Aid|||||| |Total Current Assets|**56,997**||**51,541**||**17,605**
**-**| |**Current Liabilities**|||||| |Creditors|711||1,464||753
-| |Designated Income to be paid out|||570||570
-| |Payroll Taxes Payable|3,221||5,220||1,999
-| |Other Creditors|101||105||4
-| |Pensions Payable|646||746||100
-| |Wages Payable|||||| |Total Current Liabilities|**4,678**||**8,105**||**3,427**
**-**| |**Net Current Assets**|**52,319**||**43,436**||**14,178**
**-**| ||||||| |**NET ASSETS**|**212,941**||**201,762**||**11,882**
**-**| |**RESERVES**|||||| |Reserves brought forward|81,762||122,385||40,623
-| |Transfer of Fairfield Balance to Charity 1213663|-||17,571
-||| |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||| |---|---|---|---| ||||| |**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: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - 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||| ||||| |**Relevant professional**
**qualification(s) or body**
**(if any):**|FCCA||| ||||| |**Address:**|c/o ClearWay Accounting Limited, 167-169 Great Portland Street, London, W1W 5PF||| 1 **Oct 2018** **IER**