Oak Tree Anglican Fellowship Trust Trustees Report and Financial Accounts lor the year ended 31 December 2020 llldependent Examiner: Mark Nicliolsoii of Mark Nicholson Bookk"eeping Page I OAK TREE ANGLICAN FELLOWSHIP TRUST CONTF,N"rs Paue3to4 Le(yal and Adiiiinisti"ative Inforiiiation Independent Examiner's Report Paoe6to7 Review of the period Page 8 Statement of Financial Activities Page 9 Balance Sheet Pages 10 to 13 Notes to the Financial Statements OAK TREE ANGLICAN FELLOWSHIP TRUST LEGAL AND ADMINISTRATIVE INFORMATION Name: The name of the trust was changed b)1 deed 011 14 March 201 O from tlie Oak Tree Charitable Trust to the Oak Ti"ee Anglican Felloivship Trust. Oak Tree Aiiglican Fellowsliip Trust. th Registered Charity Number: 1067145 To comply witli a provision of the cl1￿.1t1eS Act, Ivliich required all previously excepted charities / churches with gl.oss income in excess of £ 100,000 to individually register with the Charities Commission, the Oak Tree Anglican Felloivship a non-parochial church in the Church of Englaiid (yifted all of its assets to tlie Trust effective 31" March 201 O. The charity had previously been registered by tlie Fellowship to undertake various charitable activities which were no longer being pui"sued. Trustees: The Trustees of the charity during the year were: Rev Tim Sudworth (chairman) Sam Hext Sarah Miller Chin Tiong Tan (from 18 October 2020) Victoria Wells (to 18 October 2020) At the Annual General Meeting of 18° October 2020, the neiv electoral roll was published with a membership of 77. Advisory Church Council During the year the following served as members of the ACC: Revd T. Sudworth Revd. J Jagannath MrCTTan Mrs S Miller Mrs V Wells Mrs H Bailey Mr S Brewster Mr R Edwards Miss R Gwilt Miss C Hope Mrs R MacDonald Mr M. Robinson Miss W Tan Mr A. Thwaites Dr T. Willis Minister in charge Curate Church Warden Church Warden Church Warden } Steering Group indicates that the individual served 'ear ended 31 December 2020 FIXED ASSETS L£asehold improvenients Fixtures & Fittings 113,073 Funiiture Laplops and other IT Audio visual equipment 20,767 483 21,251 electrical appliances 26,869 Cost As at l January 2020 Additions Ai 31 Deceniber 2020 equipment 4,892 Total 165,602 483 166,085 113,073 26,869 4,892 Depreciation As at l January 2020 Charge for the year At 31 December 2020 SL 10 years 59.844 5,754 65,598 SL 5 years 26,736 76 26,812 SL 4 years 16,470 1,270 17,740 SL 3 years 3,793 708 4,501 106,844 7,807 114.651 Net book value at 31 Decembei" 2020 Net book value at 31 December 2019 47.475 53.228 57 133 391 1.099 51.434 4.297 58,7)8 2020 2019 DEBTORS Income t&x recoverable Other debtors 2,056 2,385 2,945 2.056 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors for goods and seTh'ices 1,480 1.480 571 571 STAFF COSTS AND NUMBERS Gross Wages and Salaries Employer's National tnsurance Costs Pension Contributions 26,3)9 1,654 2,209 30,786 362 1,432 32.580 The Trust operates payroll under the Inland Revenue's PAYE sclieme. Our 4 employees (4 part time) were engaged directly in activities relatiiig to the work of the Trust. No employee received emoluments of over £60,000. FUND MOVEMENTS AND DESCRIPTIONS Balance 31-Dec-19 Income Expenditure Transfei" Balance 31-DLc-?O General Fund: 104,371 173,758 161.907 (17.539) 98.683 Designated Funds: Giving Vicarfs Discretionary 18,533 3,642 22.175 24,050 2,874 26.924 14.031 8,514 4,282 12,796 17.539 Reslricted Fund: Church Planting 2,212 2,220 TOTALS 128 7.58 173 772 188 831 113699 Page 12 Tlie Oak Tree Anglican Fellowship Trust YOTES TO THE FIIN.4N'CIAL STATEIIIE,YTS (continued) For the l'ear ended 31 December 2020 FUND ￿lO￿TEL￿ENTs AISD DESCIUPTIO,NS (continued) Descriptions: Gii'ing: this desigiiated fund receii'es 8.001,0 of gro&s income of the Irusl. 'l-his is admini.slcrcd b). a separate conimitteL ￿)d is directed al otlier chariLqble organisalions or lo supwrt tKrsonal missionaries. AnN' gifts over £ 1.000 are disclosed beloiv: 2020 2019 lissions: Lil'ing Room Acton Youth Oak Cliurcli, Sievenaoe Red Tribe Aoencies: CrosswaJ"s Flame International DEC Dis&Ster appeals Ealino Food Bank Hope for Justice Open Doors Prison Felloivship Others under £ 1,000 Indiiuduals: Claire Grimble Danny Coghill 1,600 3.200 1,500 2.000 1,000 1.750 1.500 I,iOO 2,000 2,000 1,000 1,250 1,500 5.iOO 2.iOO 24.050 5,500 16.2iO Vicar's Discretionary Fund: this designated fund receii'es 2.0% of gross income of the felloii'ship and is adminislered on a confidential basis for the support of individuals or organisations. No individual pa)Inents during the S'ear exceeded £500. Church Planting Fund: the Tn￿S only restricted fund is for local outreach and church planting wthich provides funds for neil" outreaches to the local community. PAYMENTS TO THE TRUSTEES AND OTHER RELATED PARTIES Tim Sudworth (Truste) received £22.41 in eXI￿nSe reimbursements durin(y the }'ear. No otli¢r payments were made to the other trusrtees during this financial perio(L No other material transactions took place ktm'een the charity and the trustees or an), person connected Ii'ith theni during the year. l)ag¢ 13 a7* cYwlDlfdn (*Mkknpiw Independent examiner's report to the trustees of Oak Tree Anglican Fellowship Trust I report to the trustees on my examination of the accounts of the Oak Tree Anglican Fellowship Trust (the Trust) for the year ended 31 December 2020. Responsibilities and basis of report As the charity trustees of the Trust 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 examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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 that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concems 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 understsnding of the accounts to be reached. Signed: Name: Mark Nicholson MICB Member of the Institute of Certified Bookkeepers Practice Number 17947 Address: 21 St. Mary's Road, Reigate, Surrey RH2 7JH Date: 9 April 2021