The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
This report is prepared in accordance with Church Accounting Regulations 2006 and the requirements of the Charities Act 2011 and covers the activities of St Andrew’s Parochial Church Council during the year ending 31[st] December 2024. In line with the provisions of the Charities Act the Parochial Parish Council is now registered as a charity (Charity Registration 1129280).
## **Administration Details**
|Incumbent|The Reverend Dan Heyward|
|---|---|
||The Vicarage|
||46 Charlbury Road,|
||Oxford|
||OX2 6UX|
|Bankers|Barclays Bank plc|
||211 – 213 Banbury Road|
||Oxford|
||OX2 7HH|
|Auditors|Wenn Townsend|
||30 St Giles|
||Oxford|
||OX1 3LE|
|Solicitors|Winckworth Sherwood|
||16 Beaumont Street|
||Oxford|
||OX1 2LZ|
|Membership of the PCC/Trustees|Membership of the PCC/Trustees|
|---|---|
|Incumbent|The Reverend Dan Heyward|
|Stipendiary clergy|The Reverend Paul White|
||The Reverend Tom Murray|
||The Reverend Henry Swayne (curate in training)|
||The Reverend Jessica Wyatt (curate in training from July 2024)|
|Self-supporting ministers|The Reverend Judy Harvey (curate in training until June 2024)|
||The Reverend Tom Howell (curate in training)|
||The Reverend Dr Elizabeth Pitkethly (curate)|
|Churchwardens
|Miss Claire Lewis (until April 2024)|
||Mrs Lizzie Wigg (from April 2024)|
||Mr Tim Cooper|
- 1 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
Deanery Synod Representatives Mr Alistair Booth Ms Jennie Guest (until April 2024) Mr Stephen Saunders Dr Mark Smith Elected Members Ms Anna Bishop Mr David Coates Mr Chris Crawford Mrs Patricia Dass Mr Andrew Down Mrs Rebecca Ekins Dr David Eyre Mrs Susan Fuggle Mrs Sarah Gooding Mrs Sarah Lenton (from January 2024) Ms Nellie Loh Mr Charles Olver Mr Darrel Ross (until April 2024) Mrs Catherine Sinfield Ms Christine Taylor
## **Structure, Governance and Management**
St Andrew’s Church is a single Church of England benefice in the Oxford Deanery of the Diocese of Oxford, and its PCC has the responsibility of co-operating with the Vicar in promoting in the parish the whole mission of the church: pastoral, evangelistic, social, and ecumenical.
## The PCC comprises:
. All ordained ministers beneficed or licensed to the parish.
. Any deaconesses or lay workers licensed to the parish.
. The Churchwardens, being actual communicants, whose names are on the electoral roll.
. Readers as determined by the APCM (Annual Parochial Church Meeting).
. Lay members of general, diocesan and deanery synods whose names are on the electoral roll.
. Elected lay representatives
. Co-opted members (at the PCC’s discretion) not exceeding one fifth of the elected lay representatives.
The PCC operates through a number of different Working Groups which meet on a regular basis through the year and report monthly to the PCC.
- 2 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
The Standing Committee is empowered to act on the PCC’s behalf between meetings, planning PCC business, overseeing human resource issues and overseeing capital expenditure.
There are 6 working groups made up of PCC members and members of the church congregation to oversee the implementation of the strategy for the PCC.
These are:
- Children and Families
- Young People
- Whole Life Discipleship (currently in abeyance)
- World Mission Group
- Standing Committee
- Finance and Growth
In addition, a Pastoral Care Committee was set up with the Associate Vicar as chair. This reports periodically to PCC.
The ministry and mission in Cutteslowe is governed by a Bishop’s Mission Order. The PCC has representatives on the Cutteslowe Enabling Group – a forum through which governance for Cutteslowe is expressed alongside the other church partners (St Michael’s and All Angels, Summertown and St Peter’s, Wolvercote). The PCC also has a representative on the Elder’s group for the Cutteslowe Connected Church.
The Chair of each of these working groups is a member of the PCC and the other members may also be from the PCC or from the church body who have skills and/or a special interest in the work of the group.
The day-to-day operations of the church’s life are delegated to a staff team employed by the Council under the direction of The Revd Dan Heyward who holds the office of Vicar.
## Appointment of lay representatives of the PCC
The elected lay representatives hold office for a three-year term, with one third of them retiring at the APCM each year. Churchwardens are elected annually. The APCM of St Andrew’s has limited to six the number of years during which a lay representative may continuously hold office. A person qualified to be elected as a lay representative must be on the electoral roll of St Andrew’s Church, be an actual communicant, be aged at least sixteen and have convinced the APCM of their willingness to serve.
## Introduction & Training of PCC members
On appointment, PCC members receive a document which outlines their legal responsibilities as trustees. Trustee members receive annually the Standing Orders, covering PCC and Working Group business, and major policy documents, such as the church’s Safeguarding Policy. All PCC members
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Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
are made aware of the issues facing council at its regular business meetings and through the circulation of documents, discussion forums and the work of working & project groups. General information about the day-to-day ministry of the church is obtained through the Vicar’s weekly email and regular fellowship with other church members. All PCC members are encouraged to get to know and support the employees of the church.
## Responsibilities of the Parochial Church Council (PCC)
The PCC is responsible for preparing the Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, which applies to the Parochial Church Council, requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the incoming resources and application of resources of the PCC for that period. In preparing these financial statements the PCC is required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed in the financial statements; and
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the church will continue to operate.
The PCC is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the PCC and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008, the Church Accounting Regulations 2006. It is also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The PCC is responsible for the maintenance and integrity of the Council and financial information included on the PCC’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## Key Management Personnel
The church considers its key management personnel comprises of the Standing Committee plus the Operations Manager.
The Standing Committee is made up of:
- The Vicar
- The Churchwardens, Treasurer, PCC Secretary, Lay Chair of the PCC and one/two other trustees from the PCC. They are all trustees.
- The Associate Vicar
- 4 -
Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
The Associate Vicar and the Operations Manager are employed by the PCC.
The clergy are paid according to the stipend scale set by the Church of England.
A rolling programme of salary benchmarking for all non-clergy staff posts is in place. Every 5-6 years each post is compared to similar posts in the public, private and charity sector. All staff posts were reviewed in 2021.
## Risk Management
The general finances of the church have received close attention by the key leadership of the church and the Standing Committee and the financial position has been communicated at key points to enable church members to remain informed. The finances are discussed every other month by the PCC which has taken its responsibilities seriously.
Health and safety risk continues to be monitored through the risk assessments and governance processes and policies of the church – and is predominantly overseen by the Operations Manager and her team.
Reputational risk within the local church is managed through careful safeguarding process and monitoring assisted by the Parish Safeguarding Officer. The Safeguarding Dashboard has assisted in the oversight of safeguarding policies and practices. As a church we have been particularly cognisant of the shortcomings in safeguarding practice identified within the Church of England, particularly arising out of the Makin Report and other failings in leadership in the church.
There is limited ability to manage the broader reputational risk of debates that loom large within the Church of England and the Anglican Communion – however, the PCC is aware of the implications on reputation, giving, and financial health with changes in doctrine and practice in the broader church.
Our data is held securely on our ChurchSuite database. However, we are aware of the risk of noncompliance with GDPR, and are aware that scam emails can target our database and users. One such occurrence happened in 2024, but the issue was not significant enough to trigger a report to the ICO, and appropriate remedial action was taken in a timely manner.
## **Objectives and Activities for the Public Benefit**
## Aims of the Church
St Andrew’s is an evangelical church family in North Oxford which draws a wide range of people from a wide range of places. Our desire is to glorify God by gathering people of all ages into His family, growing up in our faith and going out into Oxford and beyond to make a difference for Christ. To this end we are a seven-day-a-week church running a vibrant programme of events and ministries designed to help people of every age and stage in their Christian life grow in their relationship with God and each other.
- 5 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
Our vision is “To see lives transformed by Jesus” and we have three priority areas to help us shape our activity to achieve the vision.
- 1) **Transforming communities** : There are two key strands to this work. One is to encourage and promote Christian wisdom through discipleship, and courses that enable the church to connect with society in areas where there is a hunger for help and wisdom. These include courses such as parenting courses, social media and internet awareness courses, marriage preparation courses, and consideration of how to deal with issues of ageing.
- The second strand, encompasses the work we do within certain communities to see transformation on the ground. Church planned and organised activities primarily relate to North Oxford and Cutteslowe where we invest time and attention to encourage change within those communities. For North Oxford, we note the amount of loneliness, the quest to succeed academically and materially, and the consumer culture. For Cutteslowe, the challenges we note are particularly around disaffected young people, economic hardship, and relationship challenges. Questions of identity, and mental wellbeing span both communities. Church members are also involved in giving their time and energies to transforming their local communities in their neighbourhood and schools, workplaces, and through being part of charitable projects such as: Street Pastors; Oxford Winter Night Shelter; the Gatehouse; the Porch; Asylum Welcome; Oxford Pastorate, Oxford Schools Chaplaincy to name but a few. The church also supports, through its mission partners and through other mission agencies, transformation of lives and communities in other parts of the world.
Ultimately, we believe that true transformation comes through a knowledge and faith in Christ and so transforming communities includes our work of evangelism expressed mainly through one to one discussion and Alpha courses.
- 2) **Developing godly leaders** : our work in this area is less developed, although we have a history of being the place of worship, discipleship, and in some cases, training, for many godly leaders in both the secular and spiritual spheres. We are keen to ensure that our emphasis is on all the people of God whilst recognising that many in our number are appointed to positions of leadership, have a gift of leadership or are potential future leaders. Many of our mission partners invest particularly in training leaders, and St Andrew’s is a place of training for those exploring ordained ministry. In 2024, we have welcomed 5 ordinands undertaking placements from local theological colleges, and we are training and benefitting from the ministry of 3 training curates.
- 3) **Growing churches** : We understand that St Andrew’s is a gathered community, and where possible, we would like to be able to support and resource other churches in the areas in which we live. Many people contribute to their local church alongside their commitment to St Andrew’s. We are committed to seeing St Andrew’s grow in depth as a church, and we
- 6 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
would like to see our number grow as well.
We see ourselves as a church that grows other churches. That is through the deployment of godly leaders, but also through new initiatives to grow churches in existing and potentially new areas. The Cutteslowe Church has continued to flourish under the leadership of Rev Tom Murray, and under the auspices of the Bishop’s Mission Order.
The values of St Andrew’s are meant to mark out what we celebrate and value in St Andrew’s rather than provide a prescriptive list of what any church does. We aspire to grow in these values as we grow in the fruits of the Spirit.
- a. Audacious Generosity – We are generous with one another and with the communities in which we live and serve. To see lives transformed by Jesus will mean that we see lives of audacious generosity in the church.
- b. Courageous Vulnerability - We are undefended, honest and vulnerable before God and before one another in order that we might help one another on the journey of faith, and so that the work of God’s grace in our lives might be clearly shown. We expect to help others on their journey with God by seeing how He has helped us.
- c. Determined Service - We are called to serve, and we do so to one another without respect for status. We recognise that persistence in service is the call of Christ on His people – we are here to serve until Christ comes again or calls us home – and we are just one part of a long legacy of God’s people in this place.
The activities employed to address our vision include:
- Encouraging and facilitating prayer through monthly and weekly prayer meetings and regular teaching on prayer.
- The provision of four different styles of church services most Sundays, encouraging a wide range of people to be involved in wholehearted worship, including a range of activities for children and young people.
- Provision of small informal groups, notably house groups, but also more targeted groups such as Monday Mums, for older and retired folk, and discussion forums to explore Bible teaching on specific issues and its guidance and application to daily life.
- Running courses and places of connection for the church and local community like parenting, waiting for children, marriage and marriage preparation, as well as a Community Café on Wednesday afternoons.
- Voluntary opportunities to serve and care, through hospital visiting, welcoming visitors and providing meals.
- Provision of mid-week baby and toddler groups which are available to parents in the church and the local community.
- Provision of youth groups that meet on Sundays and during the week.
- Informal and formal youth work in Cutteslowe.
- Leading Cutteslowe Connected, a church in a local community, and facilitating the Cutteslowe Church Partnership – notably running and facilitating the Cutteslowe Food Larder.
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Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
- Provision of the church to outside bookings for meetings and concerts – and particularly through the provision of space for Oxford Schools Chaplaincy, Discovering Prayer and Trauma Recovery Centre (TRC).
- Opportunities for any church members to volunteer their time, talent and financial resources to support the ongoing work of the church.
- Support for different mission partners and organisations in the UK and abroad.
- Partnering with churches across Oxford and the Diocese in the gospel.
The above strategies illustrate some of the ways in which the members of the PCC, as trustees, have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.
## - Long term Strategies and Yearly Objectives
The PCC understands that St Andrew’s exists to see lives transformed by Jesus. This has been considered and discussed in various PCC meetings and church vision days and has been preached on repeatedly and communicated to the APCM as we have thought about our three key priorities in this context – developing godly leaders, growing churches and transforming communities.
The key long-term initiative has been to grow church in Cutteslowe within the Anglican framework of a Bishop’s Mission Order. This was approved on 9th March 2020 and reviewed in March 2023.
The PCC will work with clergy and the working groups to establish the strategies and objectives which will deliver the church’s vision and mission. This process of objective setting will become part of the annual planning process of the PCC.
## Grant Making Policies
Part of St Andrew’s PCC commitment to be a resourcing church is evidenced in its financial commitment to individuals and organisations working throughout the world. The World Mission Working Group meets regularly to review circumstances and make recommendations to the PCC regarding the allocation of funds. The grants are normally set for each mission partner for the year ahead and the mission partner is informed.
There is also a Cutteslowe Community Fund which is used to respond to needs of people in Cutteslowe with small grants.
## Use of Volunteers
Volunteers are involved in many different aspects of the work of the church.
All volunteers who are involved with children, young people and vulnerable adults are subject to DBS checks in line with St Andrew’s Safeguarding Policy.
Safeguarding training is required in line with Diocesan and Church of England guidelines.
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
In respect of Safeguarding, the Parish Safeguarding Officer has been active in meeting with clergy, staff and ministry leads (in St Andrew’s and Cutteslowe) and ensuring that the growth of a culture of safeguarding remains a priority with volunteers, staff and PCC. The PSO has a standing item on every PCC and SC agenda and makes a separate annual report to both PCC and APCM, reflecting on key trends, issues of note, audit and objectives. In 2024 our Parish Safeguarding Officer of 6 years retired, and two individuals were appointed to share the role of Parish Safeguarding Officers in his stead.
Important to note in 2024 are the following key initiatives:
- Ongoing use of the parish safeguarding dashboard as our main tracking tool.
- Implementation of the 2022 to 2025 training framework – including careful monitoring of those who need training.
## **Achievements and Performance**
## Church Attendance
|Church Attendance||||||
|---|---|---|---|---|---|
||**2024**|**2023**|**2022**|**2021**|**2020**|
|Electoral Roll at the APCM|329|337|364|392|387|
|Attendance – 16 years plus week
Second Sunday in October|304|341|330 (in
person)|282 (in
person)|N/A|
|Attendance – under 16 years week
Second Sunday in October|88|101|96 (in
person)|107 (in
person)|N/A|
All services (except 8am) are live streamed with an average online view of 222 for the services in October (the second Sunday in October was not livestreamed due to technical issues).
## General Review of the Year
We outlined 6 key areas of focus for the year in 2024:
- Continued emphasis on the centrality of prayer and worship;
- Review of opportunities for growth in income and aligning of expenditure to our vision, values and priorities given our deficit budget;
- Establish and delivery of Ministry Trainee Programme from September 2024 as we seek to grow leaders;
- Develop our 18-30 ministry, providing opportunity for discipleship and growth in leadership;
- Provide opportunities for youth to engage in global mission to expand horizons, grow in leadership, and to encourage the wider church
- Further develop a ministry to older people with the introduction of Anna Chaplaincy;
- Continued investment in Cutteslowe to see Cutteslowe Connected Church flourish and to continue to build the strategy for engagement on new estates;
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Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
- Build the sense of common vision and purpose particularly through a focus on biblical preaching and teaching and providing opportunities for people to serve in and outside the church
## **Continued emphasis on the centrality of prayer**
Prayer continues at the heart of the activity of the church in 2024 – with prayer meetings online and in person, prayer ministry in services and intercessory prayer interwoven through services. Prayer meetings include the monthly Prayer and Praise meeting, as well as the “Seek First” prayer meeting and church Friday morning prayer each week. A regular rhythm of prayer for Cutteslowe continues with a weekly and a monthly prayer meeting – with an invitation now extended to the three supporting churches.
We have been delighted to ensure that four distinct services can take place on a Sunday through 2024 – each with their own particular style, yet coming together under a common vision, and a focus on prayer. Youth and children’s work continues to grow and we continue to focus on intergenerational worship. In addition, the Cutteslowe Connected Church holds a service once a week in the local primary school.
House groups have continued to be a core part of our midweek prayerful worship, and a place of prayerful support and now have a regular timetable with a mix of centrally run initiatives (such as the Lent course), centrally provided programmes for home group study and locally provided programmes. Many small groups are fundamental to providing pastoral care and engagement.
## **Review of opportunities for growth in income and aligning of expenditure to our vision, values and priorities given our deficit budget**
Cognisant of the deficit budget for 2024, the PCC formed a Finance & Growth Working Group to review income and expenditure. This resulted in a structured approach to providing thanks to those that give, a specific “gift campaign” in March 2024 which resulted in 35 new regular donors and 51 donors increasing their regular giving to the Mission and Ministry fund over the year. On the expenditure side, the working group proposed that we did not appoint a Facilities Manager in 2024, and we should review our Parish Share contribution. The PCC accepted these proposals.
In light of this deficit budget, the PCC reviewed our contribution to Parish Share, and offered a revised contribution for 2024, based on the total contribution expected of the deanery divided by the number of incumbent roles. The deanery also gathered a small working group to revise the parish share request, but was unable to come to a conclusion by the end of 2024. It is expected that a revised parish share at deanery level, will be agreed in time for 2026 budget.
## **Establish and delivery of Ministry Trainee Programme from September 2024 as we seek to grow leaders**
Following the wonderful offer of provision of accommodation for Ministry Trainees in 2023, Carrie Heyward was appointed to design and oversee the Ministry Trainee Programme starting September
- 10 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
2024. Although there is capacity for 3 Ministry Trainees, we appointed two – both requiring international visas. This has meant that we are now recognised by UK Visa’s and Immigration as a Sponsoring Agent. The Ministry Trainee Programme has been well received as these individuals have taken part in a mix of specific local ministry, general church ministry, biblical training through South Central Ministries, and locally sourced training in church mission and ministry. In 2025 we hope to extend this ministry of growing leaders in this way.
## **Develop our 18-30 ministry, providing opportunity for discipleship and growth in leadership**
“Rooted” is our 18-30 ministry which is growing in number and depth. Food, fellowship and teaching about being a Christian in your 20s, and Christian doctrine has been a core part of this gathering. Small bible study groups alongside the weekly Rooted gathering are beginning to form, and opportunities to lead others are found through: Supper at the 6, AV and tech in services, welcome and youth leading. Alongside Rooted is a monthly gathering for Post-Graduates.
## **Provide opportunities for youth to engage in global mission to expand horizons, grow in leadership, and to encourage the wider church**
Liz Trenckmann, our Youth and Families’ Pastor, took a team of 16 young people to Poland in the summer of 2024. In advance of the trip, there was opportunity for the young people to receive leadership, safeguarding, and cross-cultural training. The young people were also tasked with raising funds for the trip, which included a meal and an auction. The young people participated in leading a camp for young people in Poland run by Josiah Venture, and were involved in leading worship, sharing faith, teaching English, sport and music. Also one of the young people spent part of his gap year with Crosslinks. This has led to an increased interest in global mission among the young people, and it has been a great encouragement to the wider church.
## **Further develop a ministry to older people with the introduction of Anna Chaplaincy**
There has been a significant pastoral work at St Andrew’s over the years toward seniors, not least the Lunch Club and the visiting ministries led by many including Elizabeth Gittins. Following some changes in structure, personnel and programmes, a renewed emphasis was placed on ministry to older people through the introduction of Anna Chaplaincy. Charlotte Maughan was appointed and recognised as our first Anna Chaplain for North Oxford and has been involved in bringing together all those involved with church-based ministry to the elderly across the North Oxford churches, and local key organisations in this area, such as Age UK, to assess current provision for the elderly and to suggest ways forward with ministry to older people. This links with our current visiting ministry, but also our weekly café, CASA, which attracts many from this demographic.
## **Continued investment in Cutteslowe to see Cutteslowe Connected Church flourish and to build the strategy for engagement on new estates.**
Revd Tom Murray is the named leader of the Cutteslowe Connected Church, under a Bishop’s Mission Order which expires on 8[th] March 2030. Tom has the support of St Michael’s Summertown and St Peter’s Wolvercote in developing mission and ministry in that area of Oxford. Governance of
- 11 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
the BMO sits with the Cutteslowe Enabling Group on which Chris Crawford, Tom Murray and Dan Heyward sit alongside colleagues from the St Peter’s and St Michael’s.
Highlights in 2024 have included:
- This year has seen Sunday worship continue to meet in Cutteslowe Primary School. The average attendance over the last 12 months has fallen slightly due to a number of people moving out of the area, or finding new churches in which to worship. CCC’s three ‘connect groups’ (or home groups) continue to meet.
- The Community Larder continues to be a huge support in the community. It has been extended with a community café and the provision of wrap around services including a hygiene bank, self-serve dry goods unit and partnership with a number of organisations including Citizen’s Advice, OxGrow and Aspire Oxford. The Larder has over 125 members and nearly 50 volunteers, with some local schools providing help as well.
- Arthur Franklin, Pioneer Youth Worker, leads a weekly football outreach for young people on the estate, linking to the Community Food Larder. He is also leading the work with the charity Transforming Lives for Good, through which local churches provide mentors for primary school children in the locality.
- The Cutteslowe Community Partnership continues to meet 4 times per year to help see the local community thrive – and Tom is at the heart of this endeavour to bring community organisations together for good in Cutteslowe. The Cutteslowe Connected Church has benefitted from strong relationships with local churches
- A small group continue to be actively involved, on behalf of local churches, in exploring possible links with the new development on the Water Eaton estate, and the potential new stadium at Stratfield Brake.
- An Alpha course was run for the first time in several years at Cutteslowe, bringing together people from the community and the church. A Sunday morning course – the Prayer Course – is being run for members of the church community.
- We have continued to partner with ‘Care for the Family’, to run parenting courses at Cutteslowe Primary School.
## **Build the sense of common vision and purpose particularly through a focus on biblical preaching and teaching and providing opportunities for people to serve in and outside the church.**
We continue to seek to embed our vision, priorities and values into the lifeblood of the church – particularly through regular preaching on these topics, and through our written and published communications. In addition to preaching series on our vision and priorities, 2024 sermon series included series on Matthew 1-7, the sacraments, 1 John, Prayer, Titus, Isaiah 55, Ruth and 2 Corinthians. Provision of Supper after the 6pm service on the first Sunday of the month has been a particularly important way of increasing fellowship and given a point in the month to focus on particular ministries (such as our mission partners) or an opportunity to think about apologetic questions.
St Andrew’s continues to be a church that has a particular ministry with children and young people and we are delighted to see that work continue to grow and develop – providing as it does great
- 12 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
opportunities for service. Our annual Holiday Club was another significant event to encourage children to look at the claims of Christ in an environment of fun and safety. However, we also seek to be truly intergenerational – recognising our ministry across the ages. We also encourage people of different ages to serve together where that is safe and possible.
In addition to this, the following should be noted:
We continue to be a church that seeks to make disciples. Men’s and women’s ministry groups continued to meet, at key moments in the year – primarily in breakfast meetings or evening events (such as advent craft evenings). There were numerous events which sought to build community in 2024– including picnics, coffee mornings, lunches, and the Supper after the 6pm service to give a sense of community and hospitality.
Parenting courses, championed by Vicky Lavy, Care for the Family co-ordinator, have been well received. The marriage preparation course was expertly run by Andy and Andrea West.
For our children, Lesley Dentry, our Children and Families worker, continues to ensure that there is a varied and meaningful provision of opportunities for young people to grow in their journey of faith – through Sunday groups, midweek social events, and baby and toddler groups.
Liz Trenckmann, our Youth and Families Pastor, has continued to build the 11-18s work. There are a growing number of youth involved in midweek small groups, and at Sunday groups, not to mention separate weekends away for the 11-14s and 14-18s. Young people are regularly involved in leading sung worship at the 9.30am service, the 6pm service and the youth band has also begun to lead periodically at Cutteslowe Connected. Youth have led the 6pm service and regularly lead intercessions and read scripture. In 2024, the mission trip to Poland for 16 young people was a particular focus, leading English lessons, evening worship gatherings, sports activities and many opportunities for sharing the gospel.
The St Andrew’s Workshop group hosted a conference called “Speaking not shouting” – thinking primarily about Christian witness in a changing culture.
We continue to support our mission partners overseas and in the UK. In 2024 we took on new relationships with IFES (supporting Tim Adams, General Secretary, and many others who are part of the IFES community at St Andrew’s), and with Timothy Muthusi, Area Bishop of AIC Coast Area, Kenya who we are supporting for doctoral studies through Oxford Centre for Mission Studies. We formally ended our mission partner relationships with Lindsey Capper, returning from Spain to the UK to care for her parents; Jill Ireland who returned from Thailand and finished working with SIM to take up a role as Outdoor Chaplain for Llanberis; and Jonathan and Margaret Lamb, who moved from Oxford to support their family in Shropshire.
The building continues to be actively used with the local community. Monday Mums and Baby and Toddler Groups were well attended. External users included ballet classes, Pilates classes, choirs & orchestras – and for the first time in 2024, we brought in more income through room rental than we
- 13 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
budgeted. We continue to offer office and room space to Oxford Schools Chaplaincy (OSC), Discovering Prayer and the Trauma Recovery Centre for the benefit of those charities.
## **Financial Review**
Total income for the year amounted to £974,680 (2023: £830,781) and total expenditure came to £892,597 (2023: £854,813) giving a surplus of £82,083. (2023: deficit of £24,032), a significant positive turnaround of £106,115. As a result of the deficit in 2023, the PCC approved a Finance and Growth working group to review and address the church’s financial health. This group has particularly focused on increasing our planned giving and we are very encouraged by and thankful for the rise in 2024 donations, well above inflation and our 2024 budget.
The surplus comprised an unrestricted Mission and Ministry fund surplus of £63,504 (2023: £45,364 deficit) and restricted funds surplus of 18,579 (2023: £21,332).
The main source of income is donations from church members to the unrestricted Mission and Ministry Fund. This totalled £697,091, increasing significantly from £599,457 in 2023. In 2024 this included legacy and in memoriam income of £30,400 (2023: £25,000 legacy income).
Charitable activities income of £62,484 was also higher this year (2023: £49,255); this particularly reflected growth in our Youth ministry activities, including the mission trip to Poland.
The unrestricted income is supplemented by two gift days for World Mission and the work in Cutteslowe, with a combined collection of £63,154 in 2024 (2023: £46,038)
Unrestricted expenditure was £743,510 (2023: £727,013). Most of our expenditure goes to supporting our own directly employed staff, including those working in Cutteslowe, our mission partners, and our contribution to the Diocese (the parish share) which indirectly provides for the Vicar and one curate. The PCC agreed to offer £91,390 in parish share in 2024 which was a reduction of £28,696 on the amount contributed in 2023. This was offered in discussion with the diocese, on the basis of our 2023 financial position and the lack of transparency in the way the deanery share is allocated to parishes. The increase in expenditure from the previous years was across most budget headings including staff costs, church activities (as noted for income, due particularly to youth group trip to Poland) and general overheads. In 2024 we benefited from lower average energy costs and overall maintenance and repair costs.
Grants totalling £71,117 (2023: £72,148) were made during the year; regular support for mission partners and other causes continued. In 2024 this also included grants of £12,500 made by Cutteslowe Community Fund to support local causes (2023: £3,700)
## _**Cash Flow**_
The cash flow analysis for 2024 shows a substantial increase in the cash position during the year of £106,353 (2023: £5,925), reflecting the 2024 surplus.
- 14 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## _**Reserves policy**_
The PCC strives to ensure that sufficient reserves are held to maintain its ministry and honour its obligations to the Diocese, its staff and those it supports from its funds. Part of this obligation is to ensure that the buildings are maintained in good condition so that they can provide for this and future generations of members.
The target range is between £93,000 and £155,000 which represents approximately 1.5 to 2.5 months of Mission and Ministry Fund expenditure.
At the end of 2023 the balance in the unrestricted Mission and Ministry Fund was £304,009. By the end of 2024 this figure had increased to £352,629. Disregarding the fixed assets, this represents a freely available reserve of £207,772 compared with the equivalent figure of £139,148 at the end of 2023.
The PCC has set a budget for 2025 assuming a deficit for the year of around £51,000.
The finance and growth working group, approved by the PCC will continue to monitor the church’s financial health, particularly in the context of budgeted 2025 deficit and seek to align future spending with agreed giving, growth and mission objectives.
## _**Investment policy**_
The PCC has the power to invest unused funds and to generate income from investments. To achieve this, they have opted to keep funds liquid during the year and generate cash returns whilst doing so.
## Risk Analysis
As part of its responsibilities the PCC maintains an overview of the various activities of the church to ensure that the best current practice is followed. Policies are in place for particular areas of the work of the church.
## **Plans for the Future**
Looking ahead, specific goals for 2025 include:
- Continued emphasis on the centrality of prayer and worship;
- Review of opportunities for growth in income and aligning of expenditure to our vision, values and priorities given our deficit budget;
- Continued establishment and delivery of Ministry Trainee Programme as we seek to grow leaders;
- Continued development of our 18-30 ministry, providing opportunity for discipleship and growth in leadership;
- Provide opportunities for youth to continue to grow in leadership, and to encourage the wider church;
- 15 -
Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
- Further develop a ministry to older people with the development of Anna Chaplaincy;
- Continued investment in Cutteslowe to see Cutteslowe Connected Church flourish and to continue to build the strategy for engagement on new estates.
This Annual Report was approved by the members of the PCC at their meeting on the 31st March 2025 and signed on their behalf by:
Tim Cooper (Churchwarden) ……………………………………………………… Date ………………………………..
Sarah Lenton (Treasurer) …………………………………………………………. Date …………………………………
- 16 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **Independent Auditor’s Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of St Andrews, Oxford.**
## **Opinion**
We have audited the financial statements of The Parochial Church Council of the Ecclesiastical Parish of St Andrews, Oxford (the ‘charity’) for the year ended 31 December 2024 which comprise The Statement of Financial Activities, the Balance Sheet statements, Cash flow statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements:
- give a true and fair view of the state of the charity’s affairs as at 31 December 2024, and of its total incoming resources and expenditure of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in
- 17 -
Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
- the information given in the trustees' report is inconsistent in any material respect with the financial statements; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the trustees’ responsibilities statement set out on page 4, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **Auditor responsibilities for the audit of the financial statements**
We have been appointed as auditor under the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-
- 18 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
fi/description-of-the-auditor%E2%80%99s-responsibilities-for. This description forms part of our auditor’s report.
## **Extent to which the audit was considered capable of detecting irregularities, including fraud.**
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members.
We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charity and group operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charity’s and the group’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charity and the group for fraud. The laws and regulations we considered in this context for the UK operations were General Data Protection Regulation, Health and Safety and Taxation legislation.
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the recognition of income and the override of controls by management.
Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, sample testing of income transactions to supporting documentation and reading minutes of meetings of those charged with governance.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
- 19 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **Use of our report**
This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
## **Wenn Townsend** Statutory Auditor **OXFORD**
Date:
_Wenn Townsend is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006._
- 20 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## Statement of Financial Activities
||||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
|---|---|---|---|---|---|---|---|---|
|||**Note**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||||**£**|**£**|**£**|**£**|**£**|**£**|
|**Income**|||||||||
||Donations and legacies|4|697,091|164,691|861,782|599,457|146,992|746,449|
||Charitable activities|5|62,484|935|63,419|49,255|0|49,255|
||Investments|6|1,304|0|1,304|977|0|977|
||Other|7|46,135|2,040|48,175|31,960|2,140|34,100|
|**Total Income**|||**807,014**|**167,666**|**974,680**|**681,649**|**149,132**|**830,781**|
||||||||||
|**Expenditure**|||||||||
||Church Ministry|9|711,571|109,909|821,480|698,974|83,691|782,665|
||Outside Giving|10|31,939|39,178|71,117|28,039|44,109|72,148|
||||||||||
|**Total Expenditure**|||**743,510**|**149,087**|**892,597**|**727,013**|**127,800**|**854,813**|
||||||||||
|**Net incoming/(outgoing) resources**
**before transfers**|||**63,504**|**18,579**|**82,083**|**-45,364**|**21,332**|**-24,032**|
||||||||||
|Gross Transfers between
funds||16,17|-7,148|7,148|0|-4,925|4,925|0|
||||||||||
|**Net movements of funds**|||**56,356**|**25,727**|**82,084**|**-50,289**|**26,257**|**-24,032**|
||||||||||
|**Balances brought forward**
**at 1 January**|||599,651|98,876|698,527|649,940|72,619|722,559|
||||||||||
|**Balances carried forward at**
**31 December**|||**656,007**|**124,603**|**780,611**|**599,651**|**98,876**|**698,527**|
- 21 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## Balance Sheet
|Balance Sheet|Balance Sheet||||
|---|---|---|---|---|
||||**2024**|**2023**|
|||**Note**|**£**|**£**|
|**Tangible Fixed Assets**|||||
||Property||449,321|449,321|
||Other fixed assets||139,225|157,412|
|||**11**|**588,546**|**606,733**|
|**Current Assets**|||||
||Debtors|12|63,167|38,271|
||Cash at bank and in hand||341,419|235,065|
||||**404,586**|**273,336**|
|**Creditors: amounts falling due**
**within oneyear**|||||
||Creditors and accruals|13|-66,579|-27,863|
||Bank borrowingrepayable within oneyear|14|-7,737|-7,530|
||||**-74,316**|**-35,393**|
||||||
|**Net Current Assets**|||**330,269**|**237,943**|
||||||
|**Total Assets less Current Liabilities**|||**918,816**|**844,676**|
|**Creditors: amounts falling due after**
**more than oneyear**|||||
||Bank borrowing repayable after more than
oneyear|14|-138,205|-146,149|
||||||
|**Total Net Assets**||**15**|**780,611**|**698,527**|
|**Unrestricted Income Funds**|||||
||Mission & MinistryFund||352,629|304,009|
||Capital Asset Fund||303,379|295,642|
|||16|**656,008**|**599,651**|
|**Restricted Income Funds**||17|124,602|98,876|
||||||
|**Total Accumulated Funds**|||**780,610**|**698,527**|
These accounts were approved by the members of the PCC at their meeting on the 31[st] March 2025 and signed on their behalf by:
Tim Cooper (Churchwarden) ……………………………………………………… Date ………………………………..
Sarah Lenton (Treasurer) …………………………………………………………. Date …………………………………
Registered Charity Number 1129280
- 22 -
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
|**Statement of Cash Flows**|**Statement of Cash Flows**||**2024**|**2023**|
|---|---|---|---|---|
||||**£**|**£**|
|**Cash flows from operating activities:**|||||
||**Net cashprovided by operating activities**||**123,341**|**14,495**|
||||||
|**Cash flows from investing activities:**|||||
||Dividends,interest and rents from investments|6|1,304|977|
||Purchase ofproperty, plant and equipment|11|-10,555|-2,018|
||**Net cash used in operating activities**||**-9,251**|**-1,041**|
||||||
|**Cash flows from financing activities:**|||||
||Repayment of borrowing|14|-7,737|-7,529|
||**Net cash used in financing activities**||**-7,737**|**-7,529**|
||||||
|**Change in cash and cash equivalents**
**in theyear**|||**106,353**|**5,925**|
||||||
||**Cash and cash equivalents at the beginning of**
**theyear**||235,064|229,139|
||||||
||**Cash and cash equivalents at the end of the**
**year**||**341,417**|**235,064**|
Reconciliation of net income to net cash flow from operating activities
||||**2024**|**2023**|
|---|---|---|---|---|
|||**Note**|**£**|**£**|
|**Net income for theyear asper the Statement of Financial Activities**|||82,084|-24,032|
||||||
|**Adjustments for:**|||||
||Depreciation charges|11|28,741|33,636|
||Dividends, interest and rents from
investments|6|-1,304|-977|
||Decrease(+) /Increase(-)in debtors|12|-24,896|24,065|
||Increase(+) /Decrease(-)in creditors|13|38,716|-18,197|
|**Net cash provided by operating**
**activities**|||**123,341**|**14,495**|
- 23 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## Notes on the financial statements
## **1. Explanatory notes to the financial statements**
Basis of preparation and assessment of going concern
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The accounts are presented in a format compatible with the Church Accounting Regulations 2006.
The charity constitutes a public benefit entity as defined by FRS 102.
## **2. Accounting policies**
## a) Income
All the income is recognised once the charity has entitlement to the income, and it is probable that the income will be received and the amount of income receivable can be measured reliably.
Voluntary Income:
- **Collections** are recognised when received by and on behalf of the PCC.
- **Planned giving** is recognised when received, except for gifts in advance of the period for which they are pledged, which are included in deferred income. Where a donor specifies that a gift is to be spent over a future period beyond the end of the financial period covered by the SOFA then the gift is shown as a liability in the balance sheet at the year end and will be recognised as income in future financial periods in accordance with the donor's wishes.
- **Income tax recoverable** on gift aid donations is recognised when the donation is received.
- **Legacies** : entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
## b) 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 settlement will be required, and the amount of the obligation can be measured reliably.
- **Grants and donations** are accounted for when paid, or when awarded if that creates a binding obligation for the PCC.
- **The Diocesan Parish Share** is accounted for when due for payment.
- **Irrecoverable VAT** is charged against the expenditure heading for which it was incurred.
- 24 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## c) Fund accounting
- **General Funds (unrestricted)** are referred to by the PCC, and therefore in these financial statements, as the 'Mission and Ministry Fund'. This represents the funds of the PCC that are not subject to any restrictions regarding their use and are available for application to the general purposes of the PCC as set out in the Church's Vision Statement.
- **Designated Funds** are that part of the unrestricted funds earmarked by the PCC for a particular purpose.
- **Restricted Funds** represent those funds to be used for specific purposes as requested by the donor.
The PCC does not usually invest for each fund separately and interest is attributed to the Mission and Ministry Fund.
## d) Fixed assets and depreciation
Fixed Assets are stated at cost less accumulated depreciation and accelerated write offs. Consecrated and benefice property is excluded from the accounts by section 10(2) of the Charities Act 2011.
In line with this policy all costs associated with the construction of the permanent annexe along the south side of the church, referred to as the Jubilee Project, were written off as incurred.
Moveable church furnishings held by the churchwardens on special trust for the PCC and which will require a faculty for disposal since the PCC considers this to be inalienable property, are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case, the item is not capitalised, but all items are included in the church’s inventory.
Tangible fixed assets costing over £1,000, with a useful life of over one year, are capitalised and depreciated on a straight-line basis over the length of their expected useful life as follows.
Property Fittings 5-15 years life 7-20% annual depreciation rate Furniture and Av equipment 3-10 years life 10-33%depreciation rate
The value of the house purchased during 2011 and occupied by the Associate Vicar is accounted for at purchase value plus the cost of capital improvements. The house is not being depreciated on the basis that annual expenditure on repairs and upkeep maintains the property to a high standard, and as such, its useful life is extended into the foreseeable future and any depreciation would be immaterial.
## e) Other cash accounts under church control
Certain church groups are responsible for their own petty cash accounts which are partly funded by the church and the balances on these accounts at the year-end have been included in incoming resources from church activities. Both the income and expenditure for the office petty cash account have been recorded in these accounts and the cash in hand balance carried forward.
## f) Current assets
Amounts owing to the PCC at the year-end date in respect of fees, gift aid recoverable or other income are shown as debtors less provision for amounts that may prove uncollectible.
- 25 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## g) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
## h) Creditors
Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.
## i) Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC
## j) Pensions
Contributions to the St Andrew’s Church defined contribution scheme are included in the accounts where payable.
## k) Going Concern
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements, including expectations for the potential impact of COVID-19 on the charity. They have concluded that the budgeted income and expenditure is sufficient with the level of reserves held for the charity to be able to continue as a going concern.
## **3. Related Party Transactions**
## Grant payments
From time to time the PCC authorises grant payments from the Mission and Ministry Fund and from restricted funds to individuals and organisations who have connections to Trustees of the charity serving on the PCC. The details of such payments during the year are as follows.
||||**2024**|**2023**|
|---|---|---|---|---|
||||**£**|**£**|
|**Grant Recipient**|**Trustee**|**Relationship**|||
|OCMS|Dan Heyward|Son of OCMS trustee John Heyward|5,000|1,000|
|Oxford Schools Chaplaincy (OSC)|Andrew Down|Husband of Frances Down,OSC trustee|1,000|750|
||Dan Heyward|OSC trustee|||
## Donations
The aggregate value of donations made to the church by Trustees who served as PCC members during the year was £60,301 to the Mission and Ministry fund (2022: £52,321), and £20,408 to restricted funds (2022: £8,623). This does not include tax reclaimed under the Gift Aid scheme on these donations.
- 26 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **4. Donations and legacies**
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
|---|---|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total Funds**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Planned - supported by Gift
Aid|355,472|28,353|383,825|310,845|23,209|334,054|
|Planned - other|143,639|9,074|152,713|139,368|12,465|151,833|
|Freewill collections|890|558|1,448|1,002|524|1,526|
|One-off donations - supported
byGift Aid|56,233|48,333|104,566|18,356|70,118|88,474|
|One-off donations - other|26,387|53,454|79,841|22,586|20,466|43,052|
|Grants received|0|4,630|4,630|0|0|0|
|Gift Aid|104,470|20,289|124,759|82,300|20,210|102,510|
|Legacies|10,000|0|10,000|25,000|0|25,000|
|Total Donations and Legacies|**697,091**|**164,691**|**861,782**|**599,457**|**146,992**|**746,449**|
||||||||
|Special Collections included in
figures above|||||||
|Harvest|0|53,761|53,761|0|26,586|26,586|
|World Mission|0|9,393|9,393|0|19,452|19,452|
||0|63,154|63,154|0|46,038|46,038|
## **5. Income from Charitable Activities**
Income from church ministry activities is generated when a contribution is made by participants towards the costs of the activity e.g. Baby and Toddler group and Supper at 6.
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
|---|---|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Church ministryactivities|62,484|935|63,419|49,255|0|49,255|
|**Total Income from Charitable**
**Activities**|**62,484**|**935**|**63,419**|**49,255**|**0**|**49,255**|
- 27 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **6. Income from Investments**
|**6. Income from Investments**|||||||
|---|---|---|---|---|---|---|
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Bank Interest|1,304|
0|1,304|977|0|977|
|**Total Income from Investments**|**1304**|**0**|**1304**|**977**|**0**|**977**|
## **7. Other Income**
|**7. Other Income**|||||||
|---|---|---|---|---|---|---|
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Hire of church|43,046|0|43,046|31,680|0|31,680|
|Feed in tariff|2,714|0|2,714|160|0|160|
|Other|375|2,040|2,415|120|2,140|2,260|
|**Total other Income**|**46,135**|**2,040**|**48,175**|**31,960**|**2,140**|**34,100**|
## **8. Staff Costs & Trustee Remuneration**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Wages & salaries|316,608|285,273|
|Social securitycosts|20,789|16,727|
|Pension costs|39,264|37,732|
|**Total staff costs**|**376,661**|**339,732**|
||||
|**Equivalent full time staff**|**10.0**|**9.5**|
A stakeholder pension scheme is in operation and, where appropriate, St Andrew's PCC contributes 10% of gross salary for each employee. Outstanding contributions owing to the pension scheme at 31st December 2024 were £2,179 (2023- £2,005).
- 28 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
The church considers its key management personnel to comprise the Standing Committee plus the Operations Manager.
The Standing Committee is made up of:
- The Vicar and Associate Vicar
- The churchwardens, PCC secretary, treasurer, lay chair of the PCC and one or two other members of the PCC. These are all Trustees. No remuneration was paid to any lay members of the PCC during the current or preceding year, including those on the Standing Committee.
The clergy are paid according to the stipend scale set by the Church of England. The Vicar is paid by the Diocese of Oxford. The Associate Vicar and the Operations Manager are employed by the PCC and paid by the Church.
The total key management personnel remuneration for the year was £101,441 including housing and pension costs (2023: £95,066). No employee received £60,000 or more during the current or preceding year. No expenses were reimbursed to any members of the PCC in respect of their role as Trustees during the current or preceding year.
These PCC members received payments for their services during the year: Revd Paul White and Rev Tom Murray, received remuneration for their duties as employees. Rev Paul White and Rev Tom Murray’s level of pay/stipend equalled that set by the Diocese of Oxford for curates, the set contributions to the Church of England Funded Pension Scheme for stipendiary clergy was paid and housing was provided for them and the rent/mortgage, council tax and water was paid on their behalf.
The aggregate remuneration, including employer pension contributions, paid to and on behalf of the above council members was £108,654 (2023: £111,102).
- 29 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
|**9. Expenditure - Church Ministry**|**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
|---|---|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Staff – direct ministry|154,880|72,201|227,081|180,802|31,036|211,838|
|Staff – support|141,505|0|141,505|127,894|0|127,894|
|MinistryTrainee Programme|10,484|0|10,484|0|0|0|
|Training|1,955|450|2,405|2,978|1,083|4,061|
|Staff housingcosts|53,079|4,005|57,084|38,514|13,628|52,142|
|Misc. staff costs inc travel|5,658|650|6,308|8,141|396|8,537|
|**Sub-total staff costs**|**367,561**|**77,306**|**444,867**|**358,329**|**46,143**|**404,472**|
|Diocesanparish share|91,390|0|91,390|120,086|0|120,086|
|Audio Visual systems
depreciation & maintenance|16,532|0|16,532|15,610|251|15,861|
|Church Activities|77,829|28,653|106,482|56,612|21,195|77,807|
|**Sub - total other ministry**|**185,751**|**28,653**|**214,404**|**192,308**|**21,446**|**213,754**|
|Insurance,light,heat,water|
34,437|
0|
34,437|
37,493|
0|37,493|
|Major repairs|13,238|0|13,238|3,324|9,000|12,324|
|Minor repairs & cleaning|15,829|1,866|17,695|17,710|6,114|23,824|
|Minor equipment|17,469|0|17,469|21,840|0|21,840|
|**Sub-total Property costs**|**80,973**|**1,866**|**82,839**|**80,367**|**15,114**|**95,481**|
|Telephone, postage, stationery,
photocopying|11,173|0|11,173|9,474|0|9,474|
|Fixtures & fittings depreciation &
maintenance|15,408|0|15,408|17,841|0|17,841|
|IT equipment depreciation &
maintenance|32,224|1,595|33,819|28,769|544|29,313|
|Bookkeepingfees & system|720|0|720|720|0|720|
|Fees,subs & legal|11,661|489|12,150|5,606|444|6,050|
|**Sub-total Other Overheads**|**71,186**|**2,084**|**73,270**|**62,410**|**988**|**63,398**|
|Audit costs|6,100|0|6,100|5,560|0|5,560|
|PCC costs|0|0|0|0|0|0|
|**Sub-total Governance**|**6,100**|**0**|**6,100**|**5,560**|**0**|**5,560**|
||||||||
|**Total expenditure Church**
**Ministry**|**711,571**|**109,909**|**821,480**|**698,974**|**83,691**|**782,665**|
- 30 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **10. Expenditure - Outside Giving**
|**10. Expenditure - Outside Giving**|||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|**Grants from Mission and Ministry Fund**|||
|CMS - Tim Curtis|9,261|8,820|
|Innovista International - Jason Lane|7,524|7,166|
|Pioneers UK - LindseyCapper|0|4,450|
|SIM International - Jill Ireland|3,184|6,064|
|Servingin Mission - Sarah Dorman|4,200|4,000|
|CMS - Berdine van den Toren|2,894|2,756|
|Wycliffe Bible Translators - Nim & Tim Kempton|3,473|3,308|
|OCMS student - Elisama Daniel|0|1,000|
|OCMS student - TimothyMuthusi|5,000|0|
|Oxford Schools Chaplaincy|1,000|750|
|Oxford Evangelical Pastorate|1,000||
|NOOC|1,000||
|Harvest appeal - Wycliffeproject|0|5,000|
|IFES Grant|1,000|1,000|
|Safe Families|5,000|5,000|
|Butembo Orphan House|0|1,256|
|Amounts included above in total grants to mission
partners which were funded from restrictedgiving|-14,201|-25,631|
|Smallgrants to organisations|750|2,750|
|Smallgrants to individuals|854|350|
|**Sub-total Grants from the Mission and Ministry Fund**|**31,939**|**28,039**|
||||
|**Grants from Restricted Funds**|||
|Various Mission Partners partly funded through
restrictedgiving|14,201|25,631|
|Safe Families|5,000|5,000|
|Homeless charities - Christmas collections*|4,515|5,063|
|Cutteslowe CommunityCentre|6,250|3,700|
|River LearningTrust|6,250|0|
|Oxford School Chaplaincy|1,358|3,631|
|Smallgrant to organisations|0|0|
|Smallgrants to individuals|1,604|1,084|
|**Sub -total Grants from Restricted Funds**|**39,178**|**44,109**|
||||
|**Total Expenditure - Outside Giving**|**71,117**|**72,148**|
- 31 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
## Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **11. Fixed Assets**
||**Freehold**
**Property**|**Property**
**Fittings incl**
**Solar Panels**|**Restricted**
**Funds**|**Computer &**
**Sound**
**Equipment**|**Total**|
|---|---|---|---|---|---|
|**Cost**|**£**|**£**|**£**|**£**|**£**|
|At 1 January2024|449,321|187,055|42,935|99,241|778,551|
|Additions|0|3,502|2,354|4,700|10,555|
|Disposals|0|0|0|-855|-855|
|**At 31 December 2024**|**449,321**|**190,556**|**45,288**|**103,086**|**788,252**|
|||||||
|**Depreciation**||||||
|At 1 January2024|0|58,928|42,854|70,037|171,819|
|Charge for theyear|0|15,408|329|13,004|28,741|
|Disposals|0|0|0|-855|-855|
|**At 31 December 2024**|**0**|**74,336**|**43,183**|**82,186**|**199,705**|
|||||||
|**Net Book Value**||||||
|**At 31 December 2024**|**449,321**|**116,220**|**2,105**|**20,900**|**588,547**|
|||||||
|**At 31 December 2023**|**449,321**|**131,628**|**81**|**27,509**|**608,539**|
The freehold property above is a house purchased for the Associate Vicar in 2011. The cost represents the purchase price of the property (£360,000) plus the cost of improvements, including an extension (£89,321). The PCC are of the opinion that the present value of the house is not less than £449,321.
## **12. Debtors**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Tax recoverable(Gift Aid)|9,571|17,722|
|Prepayments and accrued income|34,156|17,432|
|Other debtors|19,440|3,117|
|**Total debtors**|**63,167**|**38,271**|
- 32 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **13. Creditors & Accruals**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Accruals|33,049|16,301|
|Deferred revenue|17,663|352|
|Creditors for othergoods & services|15,867|11,210|
|**Total creditors ˂ oneyear**|**66,579**|**27,863**|
## **14. Bank Borrowing**
|**Bank Borrowing**
**(falling due after > one year)**|**Handelsbanken**|**Handelsbanken**|**2024**|**2023**|
|---|---|---|---|---|
||**Loan 1**|**Loan 2**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|
|Balance outstandingat 31 December|133,027|12,915|145,942|153,679|
|Repayable within oneyear|||7,737|7,530|
|**Repayable after more > oneyear**|**133,027**|**12,915**|**138,205**|**146,149**|
The two loans above, totalling £145942 at the year-end, were entered into by the PCC in order to fund the purchase of the Associate Vicar's house. These were used to supplement the designated "Capital Asset Fund" set aside for this purpose by the PCC from general funds.
Both loans are repayable over a period of 25 years commencing in 2011 and are secured on the Associate Vicar's house. Interest is payable at 2.0% above Handelsbanken base rate (there have been increases to the base rate through 2024 but at 31 December 2024 the base rate was 5.25% and interest was payable at 7.25%).
- 33 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **15. Analysis of Net Assets by Fund**
||**Unrestricted Funds**|**Unrestricted Funds**|**Restricted Funds**|**Restricted Funds**|
**Total**|
|---|---|---|---|---|---|
||**Capital Asset**|**Mission &**
**Ministry**|**Jubilee Project**|**Other**
**restricted**||
||**£**|**£**|**£**|**£**|**£**|
|Tangible Fixed Assets|303,379|283,062|2,105|0|588,546|
|Current Assets|0|282,088|0|122,497|404,585|
|Current Liabilities|0|-74,316|0|0|-74,316|
|LongTerm Liabilities|0|-138,205|0|0|-138,205|
|||||||
|**At 31 December 2024**|**303,379**|**352,629**|**2,105**|**122,497**|**780,611**|
|||||||
|Tangible Fixed Assets|295,642|311,010|81|0|606,733|
|Current Assets|0|174,541|0|98,795|273,336|
|Current Liabilities|0|-35,393|0|0|-35,393|
|LongTerm Liabilities|0|-146,149|0|0|-146,149|
|||||||
|**At 31 December 2023**|**295,642**|**304,009**|**81**|**98,795**|**698,528**|
## **16. Unrestricted Income Funds**
||**Balances**
**brought**
**forward**|**Income**|**Expenditure**|**Surplus for**
**year**|**Transfers**
**from/ (to)**
**funds**|**Balances**
**carried**
**forward**|
|---|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Mission & MinistryFund|304,009|807,014|743,509|63,505|-14,885|352,629|
|Capital Asset Fund|295,642|0|0|0|7,737|303,379|
|**Totals 2024**|**599,651**|**807,014**|**743,509**|**63,505**|**-7,148**|**656,008**|
||||||||
|Mission & MinistryFund|361,828|681,649|727,013|-45,364|-12,455|304,009|
|Capital Asset Fund|288,112|0|0|0|7,530|295,642|
|**Totals 2023**|**649,940**|**681,649**|**727,013**|**-45,364**|**-4,925**|**599,651**|
The Capital Asset Fund represents the monies invested in the Associate Vicar’s house, made up of the initial investment in 2011 and the subsequent loan repayments.
- 34 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **17. Restricted Income Funds**
||**Balances**
**brought**
**forward**|**Income**|**Expenditure**|**Surplus/**
**(deficit)**
**foryear**|**Transfers**
**from/(to)**
**unrestricted**|**Balances**
**carried**
**forward**|
|---|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Jubilee Project|41|3,325|2,049|1,276|0|1,317|
|Cutteslowe(incl Harvest)|33,972|88,135|77,306|10,829|0|44,801|
|Cutteslowe CommunityFund|42,484|47,850|41,628|6,222|0|48,706|
|World Mission|9,584|9,393|9,393|0|0|9,584|
|Science & Faith|1,568|0|0|0|0|1,568|
|Christmas Collections|3,668|4,669|4,546|123|0|3,791|
|Youth TripMinistryFund|0|5,254|0|5,254|2,148|7,403|
|HardshipFund|4,281|0|19|-19|0|4,262|
|Other specifiedgifts|3,278|9,040|14,147|-5,107|5,000|3,171|
|**Totals 2024**|**98,876**|**167,666**|**149,088**|**18,578**|**7,148**|**124,602**|
||||||||
|**Totals 2023**|**72,619**|**149,132**|**127,800**|**21,332**|**4,925**|**98,876**|
The Jubilee Project refers to the construction of a new permanent building south of the Church and the reconfiguration and improvement of the existing "wrap-around" extension. The building project completed on 25 March 2015 and all costs relating to the construction of the building have been written off as incurred against the restricted Jubilee Project Fund. All costs of the original building project have been met and the remaining funds will be spent over time on maintaining, furnishing and equipping the Jubilee building. During 2024 restricted Jubilee Project funds were used to repaint the youth room.
The Cutteslowe Fund represents collections made during Harvest as well as other regular giving specifically for the work supported by the Church in Cutteslowe. The work in Cutteslowe is also supplemented by funds made available from the Mission and Ministry Fund.
The Cutteslowe Community Fund represents donations made for work in the Cutteslowe Community including the Cutteslowe Larder.
World Mission represents collections made during World Mission Week and other gifts restricted to mission. It is used to support mission partners and other specific projects.
Other restricted funds represent donations made to the Church to support specific projects or activities. The year-end balance includes Christmas 2024 donations for projects working with asylum seekers and the homeless.
- 35 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org
The Parochial Church Council of the Ecclesiastical Parish of St Andrew’s, Oxford
Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2024
## **18. Cutteslowe**
||**Cutteslowe**
**Restricted**|**Harvest &**
**One-off**
**Restricted**|**Mission &**
**Ministry**
**Grant**|**Total**|
|---|---|---|---|---|
||**£**|**£**|**£**|**£**|
|Donations|26,301|49,087|25,491|100,879|
|Gift Aid|5,024|6,231|0|11,255|
|Charitable Activities||0|0|0|
|Other Income||0|0|0|
|**Total - Income**|**31,325**|**55,318**|**25,491**|**112,134**|
||||||
|Staff|30,369|42,932|0|73,301|
|Staff Housing|4,005|0|9,808|13,813|
|Charitable Activities|0|0|15,683|15,683|
|Bank Charges|0|0|0|0|
|**Total - Expenditure**|**34,374**|**42,932**|**25,491**|**102,797**|
||||||
|**Balance of 2022 Harvest Collection at 31st**
**December 2023**|**0**|**26,015**|**0**||
||||||
|**Balance of 2023 Harvest Collection at 31st**
**December 2024**|**0**|**38,401**|**0**||
- 36 - Registered Charity Number 1129280
St Andrew’s Church, Linton Road, Oxford OX2 6UG Telephone 01865 311212 Parish.office@standrewsoxford.org