The Oxford Evangelical Pastorate
la company limlted by guarantee)
Charity Number: 1136848
Company Number: 7161962
Unaudited Account5
for the year ended
30 September 2023
Wenn Townsend
Chartered Accountants
Oxford

The Oxford Evangelical Pastorate
Reference and Admlnistrative Information
for the year ended 30 September 2023
Trustees:
Professor Ewan McKendriek (resigned 3151 December 20231
Dr Anne Keene
Revd Professor Joshua Horde¥n
Professor Ard Louis
Mr John Tranler
Professor Timothy Maughan (appointed 1st January 20241
Council:
Revd Stephen Foster
Mrs Ginny Dunn {resigned 141h June 2023}
Dr Ke2ia Gailskell
Revd Rachel Gibson (resigned 28th February 2023)
Revd Dan Heyward
Revd Professor Joshua Hordern
DrAnne Keene
Revd Dr Michael Lloyd
Professor Ewan McKendrick
Revd Vaughan Roberts
Professor Lorna Smith
Revd Dr Chris Sugden {resigned 141h June 2023)
Professor Ard Louis
Mr John Tranler
Dr Matthew Kirkpatrick lappoinled 1 Olh November 20221
Professor Timothy Maughan {appointed 141h June 20231
Chalr.
Professor Ewan McKendrick (resigned 3111 December 20231
Professor Timothy Maughan lappoinled 1st January 20241
Ms Claire Shullleworth
Secretary to the trustees..
Registered Address:
33 Ja¢k Straws Lane
Headington
Oxford
OX3 ODL
Accountants:
Wenn Townsend
Chartered Accountants
30 Sl Giles
Oxford
Bankers:
Lloyds Bank
1 - 5 High Street
Carfax
Oxford
Investment Managers:
Walker Crips
103- 105 Bunhill Row
London

The Oxford Evangelical Pastorate
Contents
Page
Report of the Trustees
Report of the Independent Examiner
statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-19

The Oxford Evangelical Pastorate
Report of the Trustees
for the year ended 30 Septgrnber 2023
The Tiuslees, who are also directors of the Charity for the purposes of the Companies Act, submit their
annual report and financial statements for the yea¥ ended 30 September 2023. The financial slalements
have been prepared in accordance with the accounting policies set out on pages 10 to 12 and comply with
the charity's Trust Deed and applicable law.
The Charity is a charitable ￿rnPany limited by guarantee and was sel up on 18 February 2010. It is
governed by 8 Memorandum and Artides of Association.
structure, Governance and Management
The Charity was established on 18 February 2010 and assumed the assets and liabilities of the original
charity of the same name. Its objects are to promote amongst students and other members of the University
of Oxford a trije and lively faith in Christ and a knowledge of Divine Truth as held by the Church of England
since the Reformation. Vwhen the original charity was established a sum of money was provided lo enable a
Pastor lo be appointed lo carry out the objects of the Charity by way of social contact. private teaching and
public speaking. Al present, the principal focus of the charity's activities is the community of postgraduate
students and researchers at the University of Oxford.
During the year the Charity operated under the guidan￿ of the Trustees (who are members of Coun¢ill and
together with the Council Members, mel regularly throughout the year lo discuss the overall direction of the
Charity. Day-to-day executive decisions are taken by the Chaplain in consultation with the Chair and with the
other Trustees. Those Trustees and Council Members who served in the year are detailed on the Reference
and Adminislralive Information page.
Trustees are appointed by Council and new Trustees spend lime with the existing Trustees to ensure they
understand their responsibilities and the legal and financial framework in which the Charty operates. For
reference all Trustees are issued with the Charity Cornmission's publication 'The Essential Trustee.- What
you need to know, what you need lo do'_ May 2018.
Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordan
with applicable law and United Kingdorn Accounting Standards (United Kingdom Generally AC￿pIed
Accounting Praclicel.
Company Law requires the Trustees to prepare financial statements for each financial perlod which give a
true and fair view of the Charity's financial activities during the period and of ils financial positM)n al the end
of the period. In preparing these financial stalemenls, the Trustees are required lo..
Select suitable accounting policies and then apply them consistently..
Observe the methods and principles in the Charities SORP 2019 IFRS 102};
Make judgements and estimates that are reasonable and prudent..
Slate whether applicable UK accounting standards and Statements of Recommended Practice have
been followed, subject lo any material departures disclosed and explained in the financial
statements.,
Prepare the financial slalemenls on the going con￿rn basis unless it is inappropriate lo
presume that the Charity will continue in operation.
The Trustees are responsible for keeping accounting records that dis¢105e with reasonable accuracy Ihe
financial position of the Charity and which enable them lo ascertain the financial position of the Charity and
lo ensure that the financial statements comply with the Companies Act 2006 and with the Memorandum and
Articles of Associ31ion. They are also responsible for safeguarding the assets of the Charity and hence for
taking reasonable steps for the prevention and deteelion of fraud and other irregularities.

The Oxford Evangelical Pastorate
Report of the Trustees leontinued)
for the year ended 30 September 2023
Risk Management
The Trustees have wnsidered the major risks affecting the Charity and consider that there are no risks of
synificance. Financial risk is under control and is not significant. The Charity's assets are invested in a
diversified portfolio of equities, funds, bonds and cash managed by an independent investment manager.
Cash is a150 held in the Charity's current account. so it is unlikely that investments will have to be realised in
disadvantageous circumstances with consequent adverse impact on the Charity.
The Pastorate has a Safeguarding Officer. all trustees are required to have completed bas￿ Di0￿san
training, and Safeguarding is an agenda item at each trustee meeting.
ObAectives and Activities
The Charty seeks to promote a true and lively faith in Christ and a knowledge of dwine truth among students
and other members of the University of Oxford. The principal focus of the Charity's activities is the
community of poslgraduale students and researchers in the University. The Charity serves the postgraduate
and research community and. Ihiough them, the world. The Charity employs a Chaplain who leads a
ministry team seeking lo present the Christian Gospel lo this community, supporting poslgraduales as they
learn how to live out a true and lively faith in an academic context.
Achievements and Performance
The Trustees and Council have continued to hold regular meetings during the year. Council meets al least
three limes per annum, with the Trustees meeting as required and al least three times per annum. The
Trustees and Council have undertaken a detailed review of the aims of the Pastorate and how they may
best be met in the early decades of the twenty-first century. They have critically evaluated the process of
govemance of the Pastorale with the intention of increasing transparency and designated lines of
responsibility.
Revd Dr Jonathan Brant was appointed as Chaplain in September 2008. On 31st August 2023 Revd Dr
Brant moved on from this role to lake up the role of Dean of Research at Wycliffe Hall. Dr Bethan Wllis,
formerly Associate Chaplain, took on the position of Acting Chaplain from 1st September 2023. The
Trustees began work lo select a permanent appointrnent to be in place for the start of the 2024-25
academic year.
The work of the Chaplain and the staff team is reviewed regularly at the meetings of the Council and by the
Trustees. During the period of activity covered by this report the Chaplain, Acting Chaplain and staff team
have continued lo serve the poslgraduale and research community of Oxford University through the
following programmes and aclivilies..
Chaplaincy and Outreach:
Postgraduate Student Welcome IPSW) With Freshers Fair having returned lo the Examination
Schools for October 2022. in partnership with volunleeis from local churches and the Graduate
Christian Forum, we handed out flyers for a number of welcome events including a Poslgraduale
Welcome Dinner at St Aldales Church. and back by popular demand a cream lea for postgrads with
spouses and families, a walking lour of Oxford, and a C.S. Lewis walk, featuring Sholover Hill. We
were able lo host 250 for the Welcome Dinner and had to use an overfiow space because of high
attendance post-COVID. Each tsble was hosted by current postgraduates or academics from local
churches, and there was a short talk from a Christian faculty member about navigating Oxford
successfully as a new postgrad. Many of those who attended were international, and of all faiths
and none. Some come just thankful for the offer of a free me81, while others are seeking answers to
their big questions about life and faith. Each year we are also aware that. for some. this may be the
first time they have ever sel foot inside a Christian Church.
stella Aldwinckle Series: In post for a remarkable 25 years
from 1941 to 1966 - Stella
Aldwinckle was the first Pastorate Chaplain to women students. One of her most notable
achievements was the founding of The Socratic Club. Established in response to student demand
from Somerville College, she asked C. S. Lewis to be its first President, whilst she worked behind
the scenes as its Chair. The Club quickly became one of the most vibrant forums for religious
debate in tsventielh-cenlury Oxford. Inspired by Stella. and her friendship with Iris Murdoch. we

The Oxford Evangelical Pastorate
Report of the Trustees {continuedl
for the year ended 30 Septernber 2023
established this series of discussion events for postgraduates and early career researchers
promoting conversation among those of different research inleresls, and of all faiths and none. on
key themes relating to philosophies of life. In June 2023 the Pastorale hosted the second annual
seminar in this serie5. The event, 'Beyond Ourselve5.' wonder, awe and transcendence via the art
of John Ruskin,, was held on 16th June al Sornerville College. Discussion was framed by our
invited speaker Revd Dr Joanna Collicut. Clinical Psychologist and Theologian who introduced
Ruskin's work in the light of psycholcrfJical understandings of wonder, awe and transcendence in
human life.
Flourlshlng Llfe: A partnership be￿een the Oxford Pastorate and St Clemenl's Church in Oxford,
this project continued to grow church engagement amongst those in their 20s and 30s and offer a
space to support this generation's mental and spiritual health. In response lo re￿nI research about
young aduks feeling directionless, Con￿rned about the climate crises and justice issues, and not
feeling hopeful about the future of the world, Flourishing Life offers young adults in Oxford of all
faiths and none an open space to explore big questions they have about life with one another. A
range of regular community event5 were held, including book clubs, walking groups, and film
nights. Reaching up lo 30 young adults each meeting, these events started in the Autumn of 2021
and completed at Easter 2023 In May 2023 the Pastorale hosted a ministry roundlable lo share
learning from this project, attended by 25 invsted College Chaplains and ministry leaders. with Sl
Aldates supporting this event. Dr Bethan Willis, Associate Chaplain at the Oxford Pastorate, led the
project with the Revd. Dr Joanna Tarassenko. Curate al St Clemenvs, assisting in the early
phases. The project was funded by an 18-monlh giant from Oxford Diocese's Development Fund.
In Trinity 2023 the work continued with the Pastorale hosting a monthly reading group. There is an
intention lo develop a sustainable pattern of similar events over the coming years.
Socratlc Happy Hour: The Oxford Pastorate supports an initiative with similar aims and ethos to
the Socratic Club, discussed above. The Socratic Happy Hour - motto. Friends don't let friends
lead unexamined INes'
is a gathering for poslgr8duate students in Oxford who are seeking civil
and convivial ¢onversations about life's biggest questions. These conversations were started in
New York in 2015 by Associate Chaplain David Williams, when a small circle of friends who
disagreed deeply about life. the unnterse, and everything discovered that talking with each other
about our differences and our doubts, our questions and our convictions was a lot more interesting
than talking about the weather. Questions addressed recently have included. If there is no God,
are all things pemilted? Does Religion Stifle Science?.. and 'Failh. Science and Other ways of
knowing,.
The Chaplalncy Team. The Oxford Pastorale selves a remarkable communty at the cutting-edge
ot their disciplines and with experience and expertise across a range of subjects. We are fortunate
that many called and gifted ministers are willing to join us in serving this lalenled, international
community. We are grateful for the extrptional team and Continue lo benefit from secondmenl
agreements with other ministries and from self-supporting chaplains. In 2022 the Pastorale was
able lo sponsor Daniel Weninger to join us on a Religious Worker visa. contributing lo special
projects as part of the Pastorate team.

The Oxford Evangelical Pastorate
Report of the Trustees {contlnuedl
forthe year ended 30 September 2023
Year-long fomation and learning communities:
Christian Leadership and servi￿ offers a year-long programme of community, mentoring, teaching
and prayer for postgraduates leading inilialives in Oxford or likely lo be in future leadership
positions. In 2022~23, 8 cohort of 10 students participated. led by the Chaplain and Associate
Chaplain, Kay Rumford. Guest speakers included.. Revd. Glenn Nesbill and Lizzy Nesbitt {St
Ebbe's Church and headleacher of Emmanuel School. Oxford).. Dr Cathy Ross and Dr Steve Ross
{Lectu￿r in Mission at Regent's Park College, Oxlord and GP)., Dr Kaly Granville-chapman
(Wellinglon College and Character Project)., Dr Jane Jerrard {educalionalisll,' and Revd. Alex
Pease (vicar and lawyer). There are now more than 120 alumni of the programme dispersed
around the world and at work in academia, business, charities. medicine and church leadership.
Christians in Academia offers a year-long prograrnme of community, mentoring, leaching and
prayer for postgraduates and early-career researchers exploring a call or actively pursuing a career
in academia. In 2022-3. 12 students participated in a group led by Dr Bethan Willis, and Profes59r
Lorna Smith of St Hilda's College. University of Oxford. Christian Academic guest speakers were
drawn from the University of Oxford and beyond.
Partnership with Developing a Christian Mind:
The Pastorate has a close working partnership with Developing a Christian Mind IDCMI,
which provides ￿0 conferences each year for postgraduates and academics lo encourage
the integration of faith and intellectual life. Oxford University academics led DCM while the
Pastorale provided contracted staff lo coordinate the conferences, mobilise students and
boost participation.
In 2023, the two Developing a Christian Mind conferences are Tunning al fvll capacity again
post-COVID. Christianity & the Life of the Mind Conference took place on 27th and 28th
January in a new venue, Jesus College's Digital Hub. with 122 attendees. The Seeking
Wisdom Conference took place on 17th and 18th March al Magdalen College with a dinner at
New College and 124 attendees. Both conferences featured new faculty speakers and the
January conference included dinner within faculty homes for every attendee. and attendance
of a delegation of faculty members and ministry partners from MIT, Harvard, and UNC Chapel
Hill with the aim of replicating the event in Boslon, MA and Chapel Hill, NC in the USA.
Partnership wlth the Global Faculty Inltlatlve:
In 2022-23, the Pastorate continued to develop ils partnership with the Global Faculty
Initiative. a project that seeks lo promote the integration of Christian faith and academic
disciplines by bringing theologians into conversation with scholars across the spectrum of
faculties in research universities worldwide. The Pastorale partners with the Faculty Initiative
in much the same way that it partners wlh DCM in providing administrative and mnagement
support for the busy academics who lead the programme. In addition, the Pastorale team
provide expertise in the production of study guides and other materials, and in organising and
leading in-person and online Glob81 Faculty Initiative events. In 2023 the first series of the
Global Faculty Initiative podcast was released, hosted by Asso¢iate Chaplain, Dr Belhan
Partnership with the Oxford Character Project:
The Chaplain Cont￿nued to serve as the Founding Director of the Oxford Character Project and
was seconded one-day-per-week to the Faculty of Theology and Religion for this purpose. In
addition lo some management responsibilities. the Chaplain facilitated one of the Global
Leadership Initiative cohort streams, supporting poslgraduale students of any or no religious
faith as they seek lo develop character and grow into the wise Ihinkeis and good leaders the
world needs.

The Oxford Evangellcal Pastorate
Report of the Trustees (continued)
for the year ended 30 September 2023
Partnershrp with Baylor University
The Chaplain acted as consultant to Baylor University's 'Chrislian Study Cenlres and
Character Formation.. A community of pracllce lo cultivate virtue5 of the heart and mind,
research project, Iravelling lo the Slates al inletvals to contribute to this.
Financial Revlew and Reserves Policy
The total income raised during the year was £166,396 12022.- £118,668) and expenditure was £172,440
{2022'. £146.3041. After including market value losses on investments, realised and unrealised of £45 663
12022-. losses of £128,150), the deficit from unrestricted resetves was £66,886 {2022.. deficit of £153,588),
with £nil12022'. nil movement} on designated funds, and a surplus of £15.179 12022.. deficit of £2,198) on
restricted funds.
The charity holds funds for future operating requirements. At 30 September 2023, the charity held
£1,224,114 12022.. £1,291.000} in unrestricted general funds. The level of unrestricted reserves held is
sufficient to cover the budgeted operating expenditure for the foreseeable future.
Public Ben9fit
The Trustees have complied wth their duty to have due regard lo the guidance on public benefit published
by the Charity Commission in exercising their powers and duties.
The Charity works to promote a true and lively faith in Christ and a knowledge of divine truth as held by the
Church of England. Ils advancement of the Christian faith is con51Stenl with the promotion of a positive
moral and ethical framework demonslraling that Christian faith has a beneficial impact on society
particularly through the cullivalion of virtue in postgraduates with the aim of developing good leaders and
wise thinkers. While the primary focus of the Charity's beneficial activities is on student members of the
University of Oxford, the extent of the benefit is experienced more widely through the interaction of
students. academics working in the Unniersity, Trustees and members of Council with wider society. This is
achieved, for example, through public lectures addressing topics of contemporary social relevance. through
programmes facilitating the integration of international students into British society, and through partnering
with other national and international institutions in the delivery of the religious- academic- and ¢haracler-
focused programmes listed above.
The expectation is that growth in Christlan discipleship amongst students of Christian faith, and growth in
practical wisdom amongst students of other or no religious faith, will help Oxford University poslgraduales lo
develop the integrity and character which will equip them to be more effective leaders across many fields in
811 parts of the world throughout their careers.

The Oxford EvaTrgelic•l Paslorate
Report of tho Trustees let￿linU#d1
lor lh• y••r •nd•d 30 S•pi•mb¢r 2023
Plan8 lof Futur• P•flods
Sirico the dpptsintmeftt of a Cbaplain In September 2008 Ihe Ch8rrty'$ focus has been on the promo1K￿ ol
Ihe Christian lailh among the pos19". 8duate and rÈ5earch c0rnrwn￿y of Oxford Unlvorsity. This work wdl
continuE lea by Chaplain and a loam comprisèd ol As$￿￿71e Chaplain$. Pro9tarnme Coordinal¢Y5 8niJ
an Adn￿￿￿trat0r. Theie continue 10 be a focus on pe¥8onal conlact by Ihe Chaplain and hts team with
Poslgrodugie students". and on the orgBnisatiw ol 8Wtnl$. bnO￿n￿¢0I11 Of ￿ collat￿rat￿n wrth Ihe Oxford
¢4Y<￿tTe chLFrches. Ihe Graduale chr￿￿n Fwm in the UnNersrty, il* chaplains of Colleges and other
Cal Ofg4nwiK)ns.
We afe continuing lo devebp our funoing partner5bips lo resoLtrce thè growtng missK)n and min￿try. In
2023, In 3ddrtKJn ID partnerships Wnth The Faculty ol Th￿￿Y & R•li9Ktn ai Oxford Universty. f>evelopa79
a Chiislian Mind. The Gththl Faculty 1nrt￿rye. and Baylor Uni¥eTrty Ihe work has bèen supported by
individu81s. l¢x41 ¢hurchp5. Christl8n 50c>?lTre5. and Small fur)d$ We G¢)nlinuèd running developwl
campavJns over tP* summer rnonlh5. èncouragirig e¥slin9 financial donors to Incre8$e their givin9 and
Invrting n8w ￿)n￿S io commd Io g1)fing lo the Oxford P8siorate The resutts ol ttte 2023 eBmpap3n hw
been the Iwifful lo datè. ratsing lèvel of INe-gwirvJ from Indsviaual ¢Jonors io over £15,oryJ per
annum
Related parties
Characier Sèrwres I Imrtert ¥•ths inc(vrsorated on 5th MBfch 2019 as 8 tltholty ownéd sUtrAx1￿ty ol thi$ charty
11 was d6so*rfed on 13Y, June 202i.
Small company oxemptiong
Advaniagt has taken In Ihe piepafatth of thLS reFAYt ol special exempt￿5 applKablt EO small
comp8nies
This report was appro¥gd by th• Tru6too6 on 8" Jung 2024.
John Tranler
Trnsteè

The Oxford Evangelical Pastorate
Independent Examiner's Report to the Trustees of The Oxford Evangelical Pastorate
I report to the charity Iruslees on my examination of the accounts of the charity and the group for the year
ended 30 September 2023 which are set out on pages 8 to 19.
Respectlve responsibilities of trustees and examiner
As the charity trustees land also ils directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordan￿ with the requirements of the Companies Act 20061'lhe 2006 Act,).
Having satisfied myself that the accounts of the charity and the group are not required lo be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinab.on of
your charity's aceounts under secb'on 145 of the Charities Act 2011 {'Ihe 2011 ACV).
In carrying out my examination I have followed the Directions given by the Charity Comrnis5ion under *clion
1451Sllb} of the 2011 Act.
Independent examinerfs ststement
I have completed my examinat￿n, I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe that in any material respecL'
accounting records were not kept in respect of the charity and the group as required by section 386 of
the Companies Act 2006,. or
the accounts do not accord wrth those records.. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Slalement
of Recommended Practice.. Accounting and Reporting by ch8rib.es (applicable to Charities preparing
their accounts in accordance wtth the Financial Retx)rting Stsndard applicable in the UK and Republic
of Ireland IFRS 10211.
I have no cOn￿rnS and have come acros$ no other matters in connection wlh the ex8minalion to which
allenlion should be drawn in this report order lo enable a proper understanding of the accounts lo be
reached.
Andrew Rodzynski FCA
Wenn Townsend
Chartered Accountants
Oxford
. 2024

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rhe Oxford Evang•llcal Pastoritfj
Company number: 7161962
8•lonce She
as at 30 Sèptemb8r 2023
Not•
2023
2022
IRo&t•t8d
Flxèd A$vJts
Tangib￿ fiKed 8s5ag
Invtsitments
582.508
633.011
582 512
714.816
Currnnl Asset*
Bank current Bccount
PTopaid eXFens
Accrved Ineon
AcLounts rec&ivable
Other debtors
1.215,519
1,297.328
27.403
921
9,181
1.532
6,953
5.838
576
4,448
6563
U•bllhl•*
Cr&Yilors - ¥nounts lallffig dl￿ wthin
one yew
45,990
17.425
10
119,4651
121,0021
Nel Cufr•nl AsMt*
26,525
13.5771
Total A$s•is1•*4 ¢urr•nt Llabllltl•s
1,242,044
1 293.Ifj1
Thè Funds ofthe CharSty
Unreslricied foserves
Re5[￿le& reserves
1.224,114
17.93
1 291 000
In¢orne fundg cBrrl*d fonvard
1.242.044
1 293,7S1
In apwow.n9 tttesp fina.-i¢ial statemon15 a8 Iruslee5 oe the ccYnpHny the giotsp we hetetsy con.lrm
th81 for the peTrDd st£ied abo¥e the comogny and the group was enÉiifèd to the exenylion conferred
by Seciion 477 01 the Companies Act 2aC6.
Ihal no notte has tseen dep05rted at Ihe regjstered off.ce of Ihe ¢trnpany pur5uanl to Section 4 16
rw'Jes4ing ihw an audrt be coTrducte(I for Ine er)dfJd 30 Seplembef 2023 800
Ihat we acknowledge our responsibilrt￿e5 for
i. ensunng that the cunpany and tfiè group keeps accountiftg rEcords wh￿h comply wrth S¥xtJDn
386 arsd
li prgpanng fina￿131 slalemeiits wh£h givè a IrL•e arKI fair view ol the 61aiQ ol a4JaJ15 01 the
company ano Ihe group as ai ihe end ol Ine financrdl and L)1 Its sury)'.u$ oi dtl£il loi th•
yÈaf then er￿ed in 8￿c￿dance with the requirernenls ol 393 and wh￿h ￿herWiSe
comply with Ihe provLsff>ns ol the Companiès Act rolatmg io financJ&l stsiemenis, so far as
applr8ble lo the company ond Ihe group
Tnc-.se linancial s',aten'enis afe orepared In accofdanco wrth the provistons applicable lo comp8nie$
5'JtyLrl to the 5rnall ¢omp&nie$' rpgime
{bi
Tnp. finar¢ial $iatements (M) pa988 8 to 19 wfrre approved by the Tru¥lee$ on ￿ Junf 20?4 ond $4n&J on
14e r ￿h￿l1 by".
John Tranler
Trustee
Th• nol•s on pag•8 10 10 19 forni part ol ihts¢ Kcouni$

The Oxford Evangelleal Pastorate
Notes to the Accounts
for the year ended 30 September 2023
Accounting Policies
Basis of Preparation
The Oxford Evangelical Pastorate is a charitable company limited by guarantee In England.11 has no
share capital and in the event of a winding up. the liability of each member is limited lo £1.
The charity constitutes a public benefit entity as defined by FRS 102. The financial slalements have
been prepared in accordance with the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland IFRS 102}, Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wrth the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 second edition
issued October 2019. the Charities Act 2011, the Companies Act 2006 and UK Geneially A￿pIed
Accounting Practice.
The accounts have been prepared under the historical cost eonvenlion with items recognised at cost
or transaction value unless otherwise stated in the relevant accounting policy note. The significant
accounting policies applied in the preparation of these financial statements ale set out below..
2022 Restatement of figures
During the preparation of the 2023 accounts, il was noted that £55,725 of income ￿CogniSed as
reslricled grant income in the year ended 30th April 2022 was in fact unreslricled project income. The
accounts have therefore been restated to reflect this reallocation of income and expenditure be￿een
funds. The total year end balance of funds for the year ended 30th September 2022 was not affected
by this restatement. In addition, the headings under expenditure on charitable activities have been
reviewed lo ensure they more accurately reflect the expenditure of the charity-
Exemption from preparing group accounts
The company was part of a small group in the year. The company has taken advantsge of the
exemption provided by section 399 of the CompanEs Act 2006 and has not prepared group
accounts.
Income Recognition
All income is included in the SOFA when the charity is legally entiued to the income, il is probable
that the income will be received and the amount of income receivable can be measured reliably
Income is included gross. The arnounl credited to the income and expenditure account in respect of
gift aid donations includes the amount of income tax recoverable.
Grant income is recognised as re¢eivable SLtbjecl to fulfilment of any associated condition5. Vwhere
conditions have been met or are likely to be nEI, grant income is recognised in full.
No amount is included in the financial statements for volunteer time in line with the SORP {FRS
1021. Donated services are considered immaterial to the accounts and a￿ not considered
practicable to fair value, therefore they are not recognised in the financial Statements.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to the expenditure, il is probable that a settlement will be required and the
amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. Charitable activity costs are those costs
incurred directly in support of expenditure on the objects of the Charity. Governance costs are those
incurred in connection with adminislralion of the Charity and compliance with conslitulional and
slatulory requirements.
Grants payable are included when the recipient has a reasonable expectation that they will receive a
grant and when any conditions attached lo the granl are fulfilled.
10

The Oxford Evangelical Pastorate
Notes to the Accounts (continued)
for the year ended 30 Septembei 2023
continued
Accountlng Policles {continuedl
Freehold Property
This is a propety used in the work of the Charity and is shown at ils historical cost. No depreciation
Is charged on the freehold property as il is the Charity's policy to keep the freehold propety in good
condition and the current value is in eX￿sS of the cost figure shown in the accounts. Freehold
buildings are maintained by a programme of repair such that the residual value is at least equal lo its
book value. Having regard to this, il is the opinion of the trustees that any depreciation charge
required by the Companies Acl 2006 would not be material.
Fixtures, Fittings & Equipment and Computer Equlpment
Depreciation is provided on fixtures, fittings and equipment so as to write off the cost. less any
estimated residual value, over the expected useful economic life on a slraighl line basis over five
years.
Depreciation is provided on computer equipment so as lo write off the ¢ost, less any estimated
residual value, over the expected useful economic life on a straight line basis over three years.
Investments
Investments are shown in the accounts at their current market value al the balance sheet dale. The
SOFA includes the nel gains and losses arising on revaluations and disposals throughout the period.
Debtors and creditors rg¢eivable I payable within one year
Debtors and creditors with no slated interest rate and receivable or payable withSn one year are
recognised 2t transa¢tion price. Any losses arising from impairment are recognised in expenditure.
1.10 Pension$
Contributions payable for the period are charged in the income 2nd expenditure account The charity
contributes to a defined Contribution scheme for ils employees.
The Oxford Pastorate has employees in the Church of England Funded Pension Scheme
ICEFPSI which is a defined benefit scheme. This scheme is in deficit and so all members are
required to make additional annual contributions towards reducing this deficit. However. the
Pastorale is defined as a "Minor Responsible body., which implies that we have no material long
term liability when a minor body ceases lo have active members it pays a nominal debt of £100
with the remainder of the section 75 debt being apportioned to the major bodies.
Fund Accountlng
Unrestricted Funds
These are funds which can be used in accordan￿ with the charitable objects of the charity at the
discietion of the Trustees.
Restricted Funds
These funds a￿ subject to specific conditions imposed by the donor or by the temis of an appeal.
these conditions being legally binding upon the Trustees.
Designated Funds
These funds are unrestricted funds whith have been allocated for future expenditure for 8 specific
purpose by the Tru31ees.
11

The Oxford Evangellcal Pastorate
Notes to the Accounts (continued)
for the year ended 30 September 2023
. conlinuod
1.12 Irrecoverable VAT
The Charity is not registered for VAT and hence is unable to recover VAT on expenditure incurred.
All costs are therefore shown inclusive of the associated input VAT.
1.13 Going Concem
The financial statements have been prepared on a going concern basis as the trustees believe Ihal
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.
Donations and legacies
2023
2022
IRestat¢d)
Donations
Grants
41.814
25,757
17,358
12.420
67,571
29,778
Charitable activities
2023
2022
IRestatedl
Project income
Reimbursed expenses
67.226
3,836
60,367
1.531
71.062
61,898
Raising funds
2023
2022
{Restatedl
Fundraising Costs
Investment management costs
165
7,231
227
5,651
7,396
5.878
12

The Oxford Evangelical Pa$toTote
Notes to the Accounts {continuedl
forthe year ended 30 September 2023
continued
Charltable Actlvltles
Unrestricted Designated Restricted
Funds
Funds
Funds
Total
2023
Staff costs Isee note 6)
Propety costs
Property repairs
Insuran
Publicity and website
IT costs
Venue hire
Food and drink
Travel and accommodation
Books and resources
Team expenses
Governance costs (note 51
Office costs
Grants payable
Freelancers and honoraria
Bank charges and forex losses
Sundries
119,496
4,354
3.925
123,421
4,354
1.505
697
1,310
1.024
4,346
2.991
393
575
11.654
3.154
1.505
1.229
1,310
3.003
5.969
3.013
393
575
11.654
3,665
900
2,393
1.408
252
532
1,979
1,623
511
900
500
1,893
1.408
252
155,052
9,992
165,044
Grants payable.. £100 grants paid lo students in the Christians in Academia whort towards the cost of
study materials.
13

The Oxford Evangelical Pastorate
Notes to the Accounts (continued)
for the year ended 30 September 2023
. continued
Unrestricted Designated Restrlcted
Total
Funds
Funds
Funds
2022
(Restated) (Restated) (Restated) IRestated}
Stsff costs {see note 6)
Propety costs
Propety repairs
Insurance
Publicity and website
IT costs
Venue hire
Food and drink
Travel and accommodation
Books and resources
Team expenses
Governance costs (note 5}
offi￿ costs
Grants payable
Freelancets and honoraria
Bank charges and forex losses
Sundries
92,743
4,665
459
2.106
1,071
1,241
1,803
2,862
623
605
564
10,708
3,372
11,703
104,44S
4.665
459
2,106
1,781
1,385
2,209
4,404
640
605
564
10,708
3.412
710
144
406
1,542
17
40
1.620
1,011
55
1,620
1,011
411
356
125,508
14.918
140,426
Governance Cost9
Unre$tri¢ted Restrlcted
Funds
Funds
2023
2023
Total Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
2023
2022
2022
2022
(Restated) (Restated) {Restated)
Examiner's fees
Payroll & pensions fees
Trustee & council meetings
Fines & penalties
8,220
2,271
913
250
8,220
2,271
913
250
7.893
1,953
862
7,893
1.953
862
11,654
11.654
10,708
10,708
14

The Oxford Evangellcal Pastorate
Notes to the Accounts Icontinued)
forthe year ended 30 September 2023
continued
Staff Costs
Unrestricted Restrlcted
Funds
Funds
2023
2023
Total Unrestrlcted Restricted
Fund$
Funds
Funds
2023
2022
2022
(Restated) {Restat¢d}
Total
Funds
2022
Gross wages & salaries 102,692
Social security
2,665
Pension
14.139
Accommodation
4,354
3,188
105,880
2,971
14,630
4.354
75,708
2.058
14,977
5,124
9,287
711
1.705
84,995
2,769
16,682
5,124
491
123,850
3,925
127.775
97,867
11,703
109,570
There was an average of 6 employees in the year ended 30 September 2023 {2022". 41. There are no
staff earning over £60,000 {2022.. None).
Trustee and Key Management Porsonnel Remuneratlon
The Iruslees neilhef reTrived nor waived any remuneration during the period12022.. £nill.
No trustee received any reimbursement for out of pocket expenses incurred {2022.. £nil).
The management of the charity is undertaken by the trustees and the Chaplain. The cost was £40,326
12022. £43.9901
15

The Oxford Evangelical Pa$toiat¢
Notes to the Accounts (eontinuedl
for the year ended 30 September 2023
. continued
Tangible Fixed Assets
Freehold land
& buildlngs
Computer
Equipment
FFE
Total
Cost or valuation
At 1st October 2022
Additions
581,926
800
532
569 583,295
532
At 31 st September 2023
581.926
1.332
569 583.827
Depreciation
At 1st October 2022
Charge for the year
556
422
227
114
783
536
Al 31st September 2023
978
341
1.319
Net book value al 1st October 2022
587,926
244
342 582,512
Net book value al 31st September 2023
581.926
354
228 582.508
No depreciation has been charged on the freehold propety as the Charity's policy is lo maintain ils
property in good condition. The Iruslees carry out impairment reviews and the estimated market value
is not less than ils nel book value at any given time.
16

The Oxford Evangelical Pastorate
Notes to the Accounts Icontinuedl
forthe year ended 30 September 2023
continued
Investment Assets
2023
2022
Investment in securities
Cash held for investment purposes
618.301
14.710
692,011
22,805
633,011
714.816
Cost of investrnenls in securities
599,449
665,248
Market value at 1 October 2022
Additions
Disposal proceeds
Gainslllossl on investment assets
692,011
837,844
34,325
61.527
162.3711
179,210)
{45.6631 {128.150}
Market value at 30 September 2023
618,302
692,011
qo.
Creditors
2023
2022
Ac¢ruals and deferred income
Soci81 security and other taxes
Trade creditors
Other cieditors
14,913
2.385
1.927
240
18,975
736
498
793
19,465
21,002
Deferred income comprises donations received in advance for chaiitable activities taking place in
2023-24, and grants re￿iVed for the 2023-24 academi¢ year.
17

The Oxford Evangelleal Pastorate
Notes to the Accounts (continued)
for the year ended 30 September2023
continued
11.
Statement of funds
Asat1
October
2022
Income
Expendlture
(incl galns on (incl loss on
investments) investments)
Transfers
Between
Funds
Asat30
September
2023
Unrestricted funds
General
1,291,000
141.225
{208,1111
1,224,114
Restricted funds
Flourishing Life
Postgraduate Sludenl Welcome
DCM Bursary
Study Grant
Doris Field Trust
Moore-Wlliams
Hymns A&M
3.925
5.400
817
1,029
500
12.500
1.000
13,9251
13.538)
2,751
4,613
817
(1.0291
{5001
12,500
(1.000)
Total iestrieted funds
2.751
25,171
19,9921
17,930
Total funds
1,293,751
166,396
{218,103)
1.242,044
Asat1
October
2021
(Restated)
Income
Expenditur¢
Transfers
Asat30
linel gains on Ilncl loss on
Between
September
investments) investments)
Funds
2022
(Restated) (Restated) (Restated) (Restated)
Unrestricted funds
General
1,444,588
105,948
1259,5361
1,291,000
Restricted funds
Flourishing Life
Virtues and Vocations
Postgraduate Student Welcome
69
2,214
2,666
9.420
19,489}
12,2141
13,2151
3,300
2,751
Total restricted funds
4.949
12,720
114,9181
2,751
Total funds
1,449,537
118,668
1274,454)
1,293,751
Flourishing Llfe: A project in partnership with St Clements Church, funded by a grant from the
Diocese of Oxford's Development Fund.
Postgraduate Student Welcome: An annual programme of welcome events for all
poslgraduate5. The charity partners, and re￿iVeS donations from. local churches and Christs'an
organisations to run these events.
DCM Bursary: Grant to enable students to attend future DCM COnferen￿S.
Study Grant: Grant lo enable students in the Christians in Academia cohort lo receive £100
each towards study materials. Any surplus was allowed lo be used towards the subsidised
cinema lickel eo$ts of the screening of'GocxJ' in Trinity Term.
18

The Oxford Evangelical Pastorate
Notes to the Accounts Icontinuedl
for the year ended 30 September 2023
- continued
Dorls Fleld Trust: Grant towards monthly costs of desk hire for the Administrator.
Moore-williams: Donation for Alissa and David Moore-wlliams to be held for future use.
Hymns A&M: Grant towards the costs of the Stella Aldwinckle Brunch held al Somerville College
on 16th June 2023.
12.
Analysis of net assets between lunds
Fund balances at 30 September 2023 are represented by:
Unrestricted Restrleted
Funds
Funds
Total
2023
Fixed assets
Current assets
Current liabilities
1,215,519
25.710
117,1151
1,215.519
20,280
45,990
12,3501 {19,4651
Total net assets
1,224,114
17,930 1.242.044
Fund balances at 30 September 2022 are represented by:
Unrestricted Restrictèd
Total
Funds
Funds
2022
(Restated) (Restated) {Restated)
Fixed assets
Current assets
Current liabilities
1.297.328
12,924
119,2521
1.297,328
4,501
17,425
11,7501 121,002}
Total net a$$ets
1,291.000
2,751 1,293,751
13.
Related Parties
Professor Adriaan Louis, Trustee, was 8 member of the SMT of DCM, a donor organisation.
DCM paid the charity £18,143 during the year to administer two DCM Conferences 12022..
£19,573) and reimbursed expenses.
Mr John Tranler, was a Trustee of St Aldales PCC, 8 donor organisation. The Oxford
Evangelical Pastorale paid St Aldates PCC £2.602 during the year to run the Postgraduate
Student Welcome Dinner.
During the year the Trustees donated £6,62012022.. £1,720) without conditions.
19