| Trustees: | Professor Ewan McKendrick | ||
|---|---|---|---|
| Dr Anne Keene | |||
| Professor Joshua Hordern | |||
| Professor Ard Louis | |||
| Mr John Tranter | |||
| Council: | Revd Stephen Foster | ||
| Mrs Ginny Dunn |
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| Dr Kezia Gaitskell | |||
| Revd Rachel Gibson | |||
| Revd Dan Heyward | |||
| Professor Joshua Hordern | |||
| Dr Anne Keene | |||
| Revd Dr Michael Lloyd |
|||
| Professor Ewan McKendrick | |||
| Revd Vaughan Roberts |
|||
| Professor Lorna Smith | |||
| Revd Dr Chris Sugden | |||
| Professor Ard Louis | |||
| Mr John Tranter (Appointed | 4~ October 2021) | ||
| Chair: | Professor Ewan McKendrick | ||
| Secretary | to the trustees: | Ms Claire Shuttleworth | |
| Registered | Address: | 33Jack Straws Lane | |
| Headington | |||
| Oxford | |||
| OX3 ODL | |||
| Accountants: | Wenn Townsend | ||
| Chartered Accountants |
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| 30St Giles | |||
| Oxford | |||
| Bankers: | Lloyds Bank | ||
| 1 —5 High Street | |||
| Carfax | |||
| Oxford | |||
| Investment | Managers: | Walker Grips | |
| 103—105 Bunhill Row | |||
| London |
| Page | |||
|---|---|---|---|
| Report of | the Trustees | 1 —6 | |
| Report of | the Independent | Examiner | |
| Statement | of Financial Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 10 - 19 |
| The Oxford | The Oxford | Evangelical Pastorate |
Evangelical Pastorate |
Evangelical Pastorate |
Evangelical Pastorate |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Statement of | Financial | Activities | (including | income | and | expenditure | account) for | the year ended | 30September 2022 | |||||||
| Nots | Unrestricted | Designated | Restricted | Total | Unrestricted | Designated | Restricted | Total | ||||||||
| Funds E |
Funds E |
Funds E |
2022 6 |
Funds | Funds 8 |
Fundsf | 2021 E |
|||||||||
| income and endowments | from: | |||||||||||||||
| Donations and legacies |
17,586 | 65,660 | 83,246 | 22,519 | 39,612 | 62,131 | ||||||||||
| Charitable activities |
8,785 | 8,785 | 1,015 | 1,015 | ||||||||||||
| Investments | 26,986 | 26,986 | 27,736 | 27,736 | ||||||||||||
| Profit from Character Services | 5 | 5 | 2,557 | 2,557 | ||||||||||||
| Government Grants (CJRS) |
4,026 | 4,026 | ||||||||||||||
| Total income and | endowments | 44,577 | 74,445 | 119,022 | 57,853 | 39,612 | 97,465 | |||||||||
| Expenditure on: |
||||||||||||||||
| Raising funds | 7,362 | 269 | 7,631 | 8,092 | 8,092 | |||||||||||
| Charitable activities |
81,984 | 57,043 | 139,027 | 78,878 | 49,115 | 127,993 | ||||||||||
| Total expenditure | 89,346 | 57,312 | 146,658 | 86,970 | 49,115 | 136,085 | ||||||||||
| Net gains/(losses) | on investments | 9 | (128,150) | (128,150) | 33,252 | 33,252 | ||||||||||
| Net Income/(expenditure) | (172,919) | 17,133 | (155,786) | 4,135 | (9,503) | (5,368) | ||||||||||
| Transfers between |
funds | (1,613) | 1,613 | (6,840) | 6,840 | |||||||||||
| Net movement In |
funds | (174,532) | 18,746 | (155,786) | (2,705) | (2,663) | (5,368) | |||||||||
| Reconciliation of |
funds: | |||||||||||||||
| Funds at 1 October | 2021 | 1,444,588 | 4,949 | 1,449,537 | 1,447,293 | 7,612 | 1,454,905 | |||||||||
| Funds at 30 September 2022 | 1,270,056 | 23,695 | 1,293,751 | 1,444,588 | 4,949 | 1,449,537 | ||||||||||
| Ail income and expenditure | derive from | continuing | activities. | The Statement ofFinancial | Activities indudes | sii gains and | losses recognised | during | the period. |
| Balance Sheet | Balance Sheet | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| as | at | 30 September | 2022 | |||||||
| Note | ||||||||||
| 2022 | 2021 | |||||||||
| Fixed Assets | E | |||||||||
| Tangible fixed assets Investments |
582,512 714,816 |
582,892 859,046 |
||||||||
| Current Assets | 1,297,328 | 1,441,938 | ||||||||
| Bank current account Prepaid expenses Accrued interest Accounts receivable Other debtors |
5,838 576 4,448 6,563 |
6,210 2,762 4,448 11,109 |
||||||||
| 300 | ||||||||||
| Liabilities | 17,425 | 24,829 | ||||||||
| Creditors - amounts falling due within |
||||||||||
| one year | 10 | {21,002) | (17,230) | |||||||
| Net Current Assets | {3,577) | 7,599 | ||||||||
| Total Assets less Current Liabilities | 1,293,751 | 1,449,537 | ||||||||
| The Funds ofthe Charity | ||||||||||
| Unrestricted reserves Restricted reserves |
1,270,056 23,695 |
1,444,588 4,949 |
||||||||
| Income funds carried forward | 1,293,751 | 1,449,537 | ||||||||
| In approving these financial statements |
as trustees | ofthe company | and | the group we hereby | confirm: | |||||
| (a) that for the period stated above by Section 477 ofthe Companies |
the company Act 2006; |
and the group | was | entitled to the exemption | conferred | |||||
| (b) that no notice has been deposited at requesting that an audit be conducted |
the registered oNce of the company pursuant for the year ended 30September 2022 and |
to Section 476 |
| 2. | Donations | and legacies | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Donations | 19,982 | 28,967 | |||
| Grants | 63,264 | 33,164 | |||
| Donations | and Legacies | 83,246 | 62,131 | ||
| Charitable | activities | ||||
| 2022 | 2021 | ||||
| Conference | 8,785 | 1,015 | |||
| Sales | |||||
| 8,785 | 1,015 | ||||
| 3. | Raising funds | ||||
| 2022 | 2021 | ||||
| Fundraising | costs | 551 | 174 | ||
| Investment | management | costs | 7,080 | 7,918 | |
| 7,631 | 8,092 |
| Unrestricted | Designated | Restricted | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |||
| F | f. | |||||
| Staff costs (see note | 6) | 51,228 | 53,217 | 104,445 | ||
| Property | costs | 4,771 | 4,771 | |||
| Property | repairs | 354 | 354 | |||
| Insurance | 761 | 761 | ||||
| Bank charges | 1,010 | 1,010 | ||||
| Website | 245 | 249 | 494 | |||
| Projects, | promotions | etc. | 30 | 1,023 | 1,053 | |
| Governance costs (note 5) |
9,841 | 9,841 | ||||
| Conference/meeting | related expenses | 1,620 | 1,620 | |||
| Curricula | related expenses | 2,786 | 330 | 3,116 | ||
| Electronic media related expenses | ||||||
| Overheads reallocated |
9,339 | 2,223 | 11,562 | |||
| 81,985 | 57,042 | 139,027 | ||||
| Unrestricted | Designated | Restricted | Total | |||
| Funds | Funds | Funds | 2021 | |||
| f | F | f. | E | |||
| Staff costs (see note | 6) | 63,394 | 44,910 | 108,304 | ||
| Property | costs | 4,246 | 4,246 | |||
| Property | repairs | 292 | 292 | |||
| Insurance | 2,426 | 2,426 | ||||
| Bank charges | 32 | 32 | ||||
| Website | 772 | 772 | ||||
| Projects, | promotions | etc. | 23 | 23 | ||
| Governance costs (note 5) |
5,821 | 5,821 | ||||
| Conference/meeting | related expenses | (718) | 2,058 | 1,340 | ||
| Curricula | related expenses | 731 | 1,191 | 1,922 | ||
| Electronic | media related expenses | 245 | 245 | |||
| Overheads reallocated |
1,645 | 925 | 2,570 | |||
| 78,877 | 49,116 | 127,993 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |
| E | f. | f | ||||
| Examiner's fees | 7,032 | 7,032 | 3,625 | 3,625 | ||
| Payroll | 1,947 | 1,947 | 1,661 | 1,661 | ||
| Book-keeping | 550 | 550 | ||||
| Other | 862 | 862 | (15) | (15) | ||
| Fines 8 penalties | ||||||
| 9,841 | 9,841 | 5,821 | 5,821 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| E | E | f | |||||
| Gross wages | & salaries | 41,914 | 43,082 | 84,996 | 54,867 | 32,524 | 87,391 |
| Social security | costs | 2,769 | 2,769 | (3,278) | 1,753 | (1,525) | |
| Pension costs | 9,315 | 7,367 | 16,682 | 11,806 | 10,632 | 22,438 | |
| Accommodation | 5,124 | 5,124 | 4,538 | 4,538 | |||
| 56,353 | 53,218 | 109,571 | 67,933 | 44,909 | 112,842 |
| Tangible Fixed Assets | ||||
|---|---|---|---|---|
| Freehold land |
Computer | FFE | ||
| &buildings f |
Equipment f |
Totalf | ||
| Cost or valuation | ||||
| At 1st October 2021 | 581,926 | 800 | 569 | 583,295 |
| Additions | ||||
| At 31stSeptember 2022 | 581,926 | 800 | 569 | 583,295 |
| Depreciation | ||||
| At 1st October 2021 | 289 | 114 | 403 | |
| Charge for the year | 267 | 113 | 380 | |
| At 31stSeptember 2022 | 556 | 227 | 783 | |
| Net book value at 1st October 2021 | 581,926 | 511 | 455 | 582,892 |
| Net book value at 31st September 2022 | 581,926 | 342 | 582,512 |
| 9. | Investment Asset |
s | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Investment in securities |
692,011 | 837,844 | |||
| Cash held for investment | purposes | 22,805 | 21,201 | ||
| Investment in subsidiary |
1 | ||||
| 714,816 | 859,046 | ||||
| Cost of investments | in securities | 675,150 | 675,150 | ||
| Market value at 1 October | 2021 | 837,844 | 798,545 | ||
| Additions | 61,527 | 121,191 | |||
| Disposal proceeds | (79,210) | (115,144) | |||
| Gains/(loss) on investment |
assets | (128,150) | 33,252 | ||
| Market value at 30 | September 2022 | 692,011 | 837,844 | ||
| 10. | Creditors | ||||
| 2022 | 2021 | ||||
| E | |||||
| Accruals and deferred income |
18,975 | 13,913 | |||
| Social security and | other taxes | 736 | 1,466 | ||
| Trade creditors | 498 | 1,230 | |||
| Other creditors | 793 | 621 | |||
| 21,002 | 17,230 |
| Statement offunds |
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|---|---|---|---|---|---|---|
| As at1 | Income | Expenditure | Transfers | As at 30 | ||
| October | (incl gains on | (incl loss on | Between | September | ||
| 2021f | investments) E |
investments) E |
Funds f |
2022 | ||
| Unrestricted funds |
||||||
| General | 1,444,588 | 44,577 | (217,496) | (1,613) | 1,270,056 | |
| Restricted funds | ||||||
| Global Faculty Initiative | 11,991 | 11,991 | ||||
| Baylor | 17,066 | (17,066) | ||||
| Flourishing Life |
69 | 9,420 | (9,489) | |||
| Developing a Christian |
Mind | 14,962 | (16,575) | 1,613 | ||
| Virtues and Vocations | 2,214 | 11,706 | (2,216) | 11,704 | ||
| Postgraduate Student |
Welcome | 2,666 | 9,300 | (11,966) | ||
| Total restricted funds |
4,949 | 74,445 | (57,312) | 1,613 | 23,695 | |
| Total funds | 1,449,537 | 119,022 | (274,808) | 1,293,751 | ||
| As at1 | Income | Transfers | As at 30 | |||
| October | (incl gains on | Expenditure | Between | September | ||
| 2020 E |
investments) E |
f | Funds E |
2021 | ||
| Unrestricted funds |
||||||
| General | 1,447,293 | 91,105 | (86,970) | (6,840) | 1,444,588 | |
| Restricted funds | ||||||
| TWCF grant | 8,405 | (8,405) | ||||
| McDonald Chaplain |
7,612 | 3,833 | (13,069) | 1,624 | ||
| Flourishing Life |
785 | (716) | 69 | |||
| Developing a Christian |
Mind | 11,379 | (16,140) | 4,761 | ||
| Virtues and Vocations | 11,110 | (8,896) | 2,214 | |||
| Postgraduate Student Welcome |
3,200 | (534) | 2,666 | |||
| Doris Field grant | 500 | (923) | 423 | |||
| Marsh Christian Trust grant |
400 | (432) | 32 | |||
| Total restricted funds | 7,612 | 39,612 | (49,115) | 6,840 | 4,949 | |
| Total funds | 1,454,905 | 130,717 | (136,085) | 1,449,537 |
| Fund b | alances at 30September 2022 | are represented by: |
||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | 2022 | ||
| f. | ||||
| Fixed assets | 1,297,328 | 1,297,328 | ||
| Current | assets | (16,256) | 33,681 | 17,425 |
| Current | liabilities | (11,016) | (9,986) | (21,002) |
| Total net assets | 1,270,056 | 23,695 | 1,293,751 |
| Fund b | alances at 30September 2021 |
are represented by: |
||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | 2021 | ||
| F | ||||
| Fixed assets | 1,441,938 | 1,441,938 | ||
| Current | assets | 13,464 | 11,365 | 24,829 |
| Current | liabilities | (10,814) | (6,416) | (17,230) |
| Total net assets | 1,444,588 | 4,949 | 1,449,537 |