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|Trustees:||Professor Ewan McKendrick||
|---|---|---|---|
|||Dr Anne Keene||
|||Professor Joshua Hordern||
|||Professor Ard Louis||
|||Mr John Tranter||
|Council:||Revd Stephen Foster||
|||Mrs Ginny
Dunn||
|||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||
|||30St Giles||
|||Oxford||
|Bankers:||Lloyds Bank||
|||1 —5 High Street||
|||Carfax||
|||Oxford||
|Investment|Managers:|Walker Grips||
|||103—105 Bunhill Row||
|||London||
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||||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|
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|||||||The Oxford|The Oxford|Evangelical
Pastorate|Evangelical
Pastorate|Evangelical
Pastorate|Evangelical
Pastorate||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||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.|||
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|||||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||
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|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|
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||||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|
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||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|
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|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|
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|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|
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|Statement
offunds|||||||
|---|---|---|---|---|---|---|
|||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|
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|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|
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