**REGISTERED COMPANY NUMBER: 04446103 (England and Wales) REGISTERED CHARITY NUMBER: 1093779**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FOR**
## **OAKS COMMUNITY CHURCH**
Beacons Chartered Accountants
30 High Street Wendover Buckinghamshire HP22 6EA
**OAKS COMMUNITY CHURCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**|8|to|9|
|**Notes to the Financial Statements**|10|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**OAKS COMMUNITY CHURCH**
**REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023**
|**TRUSTEES**|K P Scott|
|---|---|
||R G Buckland|
|**COMPANY SECRETARY**|K P Scott|
|**REGISTERED OFFICE**|6 Bourbon Street|
||Aylesbury|
||Buckinghamshire|
||HP20 2RR|
|**REGISTERED COMPANY**|04446103 (England and Wales)|
|**NUMBER**||
|**REGISTERED CHARITY**|1093779|
|**NUMBER**||
|**INDEPENDENT EXAMINER**|Beacons|
||Chartered Accountants|
||30 High Street|
||Wendover|
||Buckinghamshire|
||HP22 6EA|
|**BANKERS**|National Westminster Bank|
||22 Market Square|
||Aylesbury|
||Buckinghamshire|
||HP20 1TR|
Page 1
**OAKS COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Page 2
**OAKS COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Oaks Community Church was started by a small group of Christians from the Church of the Holy Spirit, Bedgrove, who began to pray for the Acorns Estate in May 1995.
The Church eventually had its first public meeting in the William Harding School on December 10th 1995 with a group of 25 people.
Oaks became an independent church on December 10th 2000 and is now part of the Evangelical Alliance and linked to The New Wine Network.
In 2011 Oaks outgrew the hall at the William Harding School and moved to Aylesbury Grammar School where we continue to grow and continue to be involved in our community.
We remain good friends with the Church of the Holy Spirit and are also founding members of the Aylesbury Church Network.
## Our Values
We particularly value the orthodox faith of the traditional Christian Church as revealed in the Bible, the Word of God, and as expressed in the historic creeds of the Church, (the Apostolic and Nicene creeds) and the work of the Holy Spirit in effecting the will of God the Father and the Son.
Worship: We believe that as human beings our primary purpose for existing is to worship God. In accordance with Biblical principles there are two main ways that we encourage our members to worship. One is that we seek to live our lives as a daily offering of praise and sacrifice to God and the other is by means of corporate worship as a fellowship, which is led by the worship band in a modern and lively style.
Bible teaching is a vital ingredient for a healthy church. We need to show its relevance as the basic issue for us is experiencing the Bible—not only knowing it. We highly value expository teaching, with an emphasis on doing and experiencing.
Ministry to people with the love of God the Father, and in the power and gifts of the Holy Spirit.
Presence Led: All that we do at Oaks needs to be prayerfully guided by the Father; it is our desire and our aim to say with Jesus ‘we only do what we see the Father doing’.
Other values we hold can be summed up by several sayings that we have at Oaks.
## We need to grow smaller as we grow bigger
Because much of church life is about relationships we believe that as a church grows bigger it must also grow smaller. We therefore place an emphasis on our small groups, e.g. core groups and Life groups. These groups allow big churches to maintain close relationships and friendships, which are vital ingredients of a healthy church.
## Belonging – Believing – Behaving
It’s important that when someone comes to Oaks on a Sunday, regardless of their background or spiritual state they feel as though they belong here, that they are welcomed. If people feel they belong then they’ll be more likely to come again and the hope is that as they are exposed to Christians and to Christian truth they will begin their faith journey. And as they begin this journey, God by the Holy Spirit, will begin to change their behaviour and they will slowly want to become more like Him. (Which is the mark of Christian maturity to be like Christ.)
## Discipleship is a Process
We believe that discipleship is a process, therefore we have put in place a process by which people can grow into being fully active disciples of Jesus, equipped to minister and able to feed themselves spiritually.
## Every Member is a Minister
We believe that together we are the body of Christ and that everyone can and does have a contribution to make to the life of the church.
## Empowering Leadership
We believe that growing churches concentrate on empowering Christians for ministry. Leaders of growing churches do not use lay workers as helpers in attaining their own goals and visions. Rather, they assist them to attain the spiritual potential God has for them.
Page 3
**OAKS COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## Vision statement
We aim to establish an outward looking church where God can be God and we can truly be ourselves
## Our beliefs
- The Bible is God’s own word, and a sure and certain guide for life.
- God loved the world and gave His only Son to be its Saviour.
- Jesus died and rose again and will return in great power and glory at the end of the world.
- Men and women are called to be in a real and living relationship with God through faith in the Lord Jesus.
- The Holy Spirit has power to change those who trust in Christ, giving them a new start, a clean record, and a life worth living.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
While planning activities for the year the members of the Council have considered the Charity Commission guidance on public benefit and in particular the specific guidance on charities for the advancement of religion.
As a community church we continue to seek ways to be involved in the local community as well as supporting charitable work overseas including a couple who are connected to the church who are missionaries in Africa and a couple who are working in Malaysia.
During the year we have financially supported local ministries including Youth for Christ, Street Angels, Food bank and providing Christmas hampers for people. We were also able to part fund summer camps to make them more affordable for our young people to attend. 2023 also saw us renew the lease of our coffee shop for 10 years with an optional break clause after 5 years.
We continue with outreach programmes including our Coffee Shop being open to the public, our very popular weight loss group, Bridge lessons, Food bank and numerous social events.
Meeting publicly as a Church has returned to normal as has meeting in small groups for bible study, life groups, men’s and women’s ministry and children’s events.
We remain committed to church unity and are actively involved in the Aylesbury Church Network.
We hope this report will provide an insight into our work and we would like to thank all those who have supported us in the past year both in prayer and financially.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Trustees have established a policy whereby the unrestricted funds not designated or invested in tangible fixed assets (ie "free reserves") held by the charitable company should be equivalent to three months running costs. At the year ended 31 December 2023 the free reserves,, were above the target level.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Oaks Community Church is controlled by a governing document, the Memorandum and Articles of Association of the Limited company, and constitute a limited company limited by guarantee as defined by the Companies Act 2006.
## **Recruitment and appointment and training of new members of Council**
In accordance with the Articles of Association the Council is authorised to appoint a new members Council. One third of the Council retire by rotation at the Annual General Meeting but may seek re-election.
Members of the Council are encouraged to continually review their role within the Council and in this context new members are appointed following consultation with, and the approval of, the Church Leadership Team.
On appointment to the Council new members are provided with such training as is required to enable them to carry out their role in an effective manner.
Page 4
**OAKS COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The Trustees usually meet by themselves two or three times a year. There is also a Church Leadership Team and the Trustees have meetings jointly with the Church Leadership Team three to four times a year. We also have wider church meetings where we hear reports from Department Heads twice a year. The Trustees and Leadership Team also report to that meeting.
Approved by order of the board of trustees on 29 September 2024 and signed on its behalf by:
K P Scott - Trustee
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OAKS COMMUNITY CHURCH**
## **Independent examiner's report to the trustees of Oaks Community Church ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity's 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 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying 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 statement**
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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. 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
4. the accounts have not been prepared in accordance 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.
Anthony Parks ACA
Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA
29 September 2024
Page 6
**OAKS COMMUNITY CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
80,010
**Charitable activities**
Shop
4,445
Investment income
2
1,990
Other income
-
**Total**
86,445
**EXPENDITURE ON**
**Charitable activities**
Shop
6,486
Church costs
72,677
**Total**
79,163
**NET INCOME/(EXPENDITURE)**
7,282
**RECONCILIATION OF FUNDS**
Total funds brought forward
97,667
**TOTAL FUNDS CARRIED FORWARD**
104,949|Restricted
funds
£
-
-
-
-
-
13,091
13,119
26,210
(26,210)
70,993
44,783|31.12.23
31.12.22
Total
Total
funds
funds
£
£
80,010
74,267
4,445
3,109
1,990
1,861
-
12
86,445
79,249
19,577
40,003
85,796
63,756
105,373
103,759
(18,928)
(24,510)
168,660
193,170
149,732
168,660|
|---|---|---|
The notes form part of these financial statements
Page 7
**OAKS COMMUNITY CHURCH**
## **BALANCE SHEET**
## **31 DECEMBER 2023**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
7
5,899
Investments
8
35,000
40,899
**CURRENT ASSETS**
Stocks
9
847
Debtors
10
7,099
Cash at bank
59,422
67,368
**CREDITORS**
Amounts falling due within one year
11
(3,318)
**NET CURRENT ASSETS**
64,050
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
104,949
**NET ASSETS**
104,949
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
-
-
44,783
44,783
-
44,783
44,783
44,783|31.12.23
Total
funds
£
5,899
35,000
40,899
847
7,099
104,205
112,151
(3,318)
108,833
149,732
149,732
104,949
44,783
149,732|31.12.22
Total
funds
£
6,939
35,000
41,939
1,017
11,252
116,946
129,215
(2,494)
126,721
168,660
168,660
97,667
70,993
168,660|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 8
**OAKS COMMUNITY CHURCH**
## **BALANCE SHEET - continued**
## **31 DECEMBER 2023**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 29 September 2024 and were signed on its behalf by:
K P Scott - Trustee
The notes form part of these financial statements
Page 9
**OAKS COMMUNITY CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## Donations
Cash donations are brought into the financial statements upon receipt. Gift Aid tax which is reclaimable on these donations is recognised on receipt of the donation.
## Government Grants
Government grants are accounted for under the accruals model. Coronavirus support revenue grants are recognised in the Statement of Financial Activities (SOFA) as other operating income in the same period as the related costs for which the grant is intended to compensate. Coronavirus support grants which are receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support with no future related costs, are recognised in other operating income in the period all eligibility criteria are met.
## Legacies
Incoming legacies are included gross in the Statement of Financial Activities (SOFA) when the charity is entitled to the income at the date of probate provided sufficient information has been received to value the charity's entitlement. Pecuniary legacies are recognised as receivable once probate has been granted and notification has been received. Residuary legacies are recognised as receivable once probate has been granted and they can be valued with reasonable certainty.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Council members.
continued...
Page 10
**OAKS COMMUNITY CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
The Council makes transfers between funds when expenditure of a restricted nature is to be met from more than one type of fund. The maximum level of these transfers is agreed by the Council prior to the expenditure.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. INVESTMENT INCOME**
## **3.**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.12.23|31.12.22|
||£|£|
|Deposit account interest|502|-|
|Curr asset inv income|1,488|1,861|
||1,990|1,861|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.12.23|31.12.22|
||£|£|
|Depreciation - owned assets|1,040|1,224|
|Other operating leases|26,858|26,017|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
continued...
Page 11
**OAKS COMMUNITY CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **5. STAFF COSTS**
The average number of employees during the year was 3 (2022: 3)
No employees received emoluments in excess of £60,000
|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
74,267
**Charitable activities**
Shop
3,109
Investment income
1,861
Other income
12
**Total**
79,249
**EXPENDITURE ON**
**Charitable activities**
Shop
40,003
Church costs
63,756
**Total**
103,759
**NET INCOME/(EXPENDITURE)**
(24,510)
**RECONCILIATION OF FUNDS**
Total funds brought forward
122,177
**TOTAL FUNDS CARRIED FORWARD**
97,667
**7.**
**TANGIBLE FIXED ASSETS**
Plant and
machinery
£
**COST**
At 1 January 2023 and 31 December 2023
22,186
**DEPRECIATION**
At 1 January 2023
15,956
Charge for year
934
At 31 December 2023
16,890
**NET BOOK VALUE**
At 31 December 2023
5,296
At 31 December 2022
6,230|Restricted
funds
£
-
-
-
-
-
-
-
-
-
70,993
70,993
Fixtures
and
fittings
£
5,332
4,623
106
4,729
603
709|Total
funds
£
74,267
3,109
1,861
12
79,249
40,003
63,756
103,759
(24,510)
193,170
168,660
Totals
£
27,518
20,579
1,040
21,619
5,899
6,939|
|---|---|---|
continued...
Page 12
**OAKS COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
|**8.**
**FIXED ASSET INVESTMENTS**
Other
There were no investment assets outside the UK.
Investments (neither listed nor unlisted) were as follows:
Green Pastures Loan Stock
**9.**
**STOCKS**
Stocks
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
**12.**
**MOVEMENT IN FUNDS**
At 1.1.23
£
**Unrestricted funds**
General fund
97,667
**Restricted funds**
Building fund
70,993
**TOTAL FUNDS**
168,660|31.12.23
£
35,000
31.12.23
£
35,000
31.12.23
£
847
31.12.23
£
-
7,099
7,099
31.12.23
£
1,074
2,244
3,318
Net
movement
in funds
£
7,282
(26,210)
(18,928)|31.12.22
£
35,000
31.12.22
£
35,000
31.12.22
£
1,017
31.12.22
£
5,398
5,854
11,252
31.12.22
£
(26)
2,520
2,494
At
31.12.23
£
104,949
44,783
149,732|
|---|---|---|
continued...
Page 13
**OAKS COMMUNITY CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
86,445
**Restricted funds**
Building fund
-
**TOTAL FUNDS**
86,445
**Comparatives for movement in funds**
At 1.1.22
£
**Unrestricted funds**
General fund
122,177
**Restricted funds**
Building fund
70,646
PA equipment
347
70,993
**TOTAL FUNDS**
193,170
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
79,249
**TOTAL FUNDS**
79,249|Resources
Movement
expended
in funds
£
£
(79,163)
7,282
(26,210)
(26,210)
(105,373)
(18,928)
Net
movement
At
in funds
31.12.22
£
£
(24,510)
97,667
-
70,646
-
347
-
70,993
(24,510)
168,660
Resources
Movement
expended
in funds
£
£
(103,759)
(24,510)
(103,759)
(24,510)|
|---|---|
## Restricted funds
The Building Fund consists of donations towards the purchase of a new building and accommodation costs. The PA Equipment Fund consists of donations towards a new PA system.
continued...
Page 14
**OAKS COMMUNITY CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **13. CAPITAL COMMITMENTS**
|**CAPITAL COMMITMENTS**|||
|---|---|---|
||31.12.23|31.12.22|
||£|£|
|Contracted but not provided for in the financial statements|46,426|-|
## **14. OTHER FINANCIAL COMMITMENTS**
The internal policy of the Oaks Community Church is to distribute at least 10% of the previous years general donations. In 2024 the church plans to distribute £8,001.
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023.
## **16. COMPANY LIMITED BY GUARANTEE**
The liability of each member is limited at £1. At 31 December 2023 there were 2 members (2022 - 2).
Page 15
**OAKS COMMUNITY CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 DECEMBER 2023**|||
|---|---|---|
||31.12.23|31.12.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|80,010|74,267|
|**Investment income**|||
|Deposit account interest|502|-|
|Curr asset inv income|1,488|1,861|
||1,990|1,861|
|**Charitable activities**|||
|Shop income|4,445|3,109|
|**Other income**|||
|Other income|-|12|
|**Total incoming resources**|86,445|79,249|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|54,380|51,089|
|Pensions|1,487|1,397|
|Other operating leases|26,858|26,017|
|Rates and water|459|2,704|
|Insurance|1,425|1,698|
|Light and heat|2,860|1,471|
|Telephone|1,508|1,309|
|Postage and stationery|-|1,038|
|Advertising|-|75|
|Sundries|688|-|
|Donations to missions|6,613|8,418|
|Dues & subscriptions|180|-|
|Cleaning|225|205|
|Meetings|-|110|
|Social events costs|2,191|1,775|
|Purchases|555|481|
|Bank charges|235|241|
|Licences|1,081|1,163|
|Repairs and renewals|1,038|188|
|Speakers costs|150|150|
|Gifts & thanks|-|73|
|Plant and machinery|934|1,099|
|Fixtures and fittings|106|125|
||102,973|100,826|
## **Support costs**
This page does not form part of the statutory financial statements
Page 16
**OAKS COMMUNITY CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**FOR THE YEAR ENDED 31 DECEMBER 2023**|||
|---|---|---|
||31.12.23|31.12.22|
||£|£|
|**Support costs**|||
|**Governance costs**|||
|Independent examiners fees|2,400|2,828|
|Legal fees|-|105|
||2,400|2,933|
|Total resources expended|105,373|103,759|
|**Net expenditure**|(18,928)|(24,510)|
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