2022-12-31-accounts - Oxford Centre For Religion And Public Life

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	Page
Administrative Information
Annual Report
Statement ofTrustees' Responsibilities
Auditors' Report
Statement ofFinancial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Financial Statements	8 - 16

Dir	to		d Trustees	Reverend Canon Dr.V.K.Samuel
				Reverend Canon Dr.C.M.N. Sugden
				C.J.C.Kerslake
				N. Fmst
				R.A. Sookhdeo
				The Very Reverend ProfP.Sookhdeo
Com	an	and Executive Secretaries		Reverend Canon Dr.C.M.N. Sugden
				Reverend Canon Dr.V.K.Samuel
,CCC N			b	5662830(England and Wales)
~CbdtN			b	1139185
~di	I	A Old		5 South Parade
				Summertown
				Oxford
				OX27JL
Solicitors				Knights pic
				Midland House, West Way
				Oxford
				OX2 OPH
d~tl	t	A	dtt	King Loose &Co
				St John's House
				5 South Parade
				Summertown
				Oxford
				OX27JL

						Year to	Year to
						31nDecember	3FaDecember
						2022	2021
ReconciTiation ofchanges in resources
to net cash inflow from operating					activities
Net incoming/(outgoing)			resources		for the year	204,388	(29,684)
Depreciation charged						198	155
Amortisation charged						8,000
Decrease	in debtors					91,367	79,077
Increase	in creditors					115,567	82,321
						215,132	161,553
Net cash	inflow from	operating		activities		419,520	131,869
Investing	activities
Purchase	ofintangible	fixed assets				393,273
						(393,273)
Increase	in cash in the period					26,247	131,869
Cash and	cash equivalents		at the	beginning ofthe period		175,461	43,592
Cash and	cash equivalents		at the	eud ofthe period		201,708	175,461
Cash and	cash equivalents		comprise:
Cash at bank						201,708	175,461

Received From		Purpose
Nexcus International	849,587	Academic programs
Nexcus International	15,000	Rent and Services (donated in kind)

				Res-	Total	Unres-	Res-	Total
				tricted	Year to	tricted	tricted	Year to
				Funds	Dec	Funds	Funds	Dec
					2022			2021
					g			g
Pro am Su	rt Costs
Staffcosts				297,373	297,373		215,208	215,208
Printing/postage/stationery/advertising				2,372	2,372		1,311	1,311
TraveVaccommodation/subsistence				86,107	86,107		29,492	29,492
Office Rent and Services			15,000		15,000	8,750		8,750
Telephone and internet			3,399	1,000	4,399	2,463	583	3,046
PhD Expenses				224,742	224,742		87,317	87,317
Website maintenance/		Marketing		20,324	20,324		5,974	5,974
Bad debts				7,524	7,524		26,785	26,785
Insurance			5,079		5,079	2,914		2,914
Conference costs				3,382	3,382
Consultancy				593	593
Legal and professional			2,500		2,500
			25,978	643,417	669,395	14,127	366,670	380,797

General Su	ort Costs
					Unres-	Res-		Total	Unres-	Res-		Total
					tricted	tricted		Year to	tricted	tricted		Year to
					Funds	Funds		Dec	Funds	Funds		Dec
								2022				2021
Auditor's fees	- Audit				3,500			4,300	1,978	467		2,445
	—Other services				3,595			3,995	2,162	233		2,395
Bank charges								3,000		2,175		2,175
Sundry expenses					1,615			1,615	20			20
Amortisation					8,000			8,000
Depreciation					99		99	198	77		78	155
Exchange (gains)/ losses						(8,805)		(8,805)		5,849		5,849
					16,809	(4,506)		12,303	4,237	8,802		13,039
No costs were borne by the Designated 31"December 2021.				Fund in either the			year	to 31"December		2022 or	year ended
StaffNumbers	and Costs
									Year to			Year to
										Dec		Dec
										2022		2021
The average number ofpersonnel		employed			by the charity,					No.		No.
excluding the Director/ Trustees,		was	as	follows:-
Academic and associated personnel												6.5
The costs attaching to these personnel			during the year were:-
Salaries										263,564		153,277
National Insurance Costs										18,889		15,331
Pension Costs										6,521		5,678
Staff naining										710		553
Staff recruitment										4,682		32,275
Staffrelocadon	costs									3,007		8,094
										297,373		215,208

S TO THE FINANCIAL STATE N	ED 1srDE	MBER2 22
Result for the Period	Year	Year
	to 31/12/22	to31/12/21
	g
The result for the period isstated after charging:
Amortisation	8,000
Depreciarion	198	155
Auditor's Fees - Audit	4,300	2,445
—Other services	3,995	2,395
Bank Interest and charges	3,000	2,176

TO THE ATEME T F RTHE PERIOD EN	DED 31sr DE M	BER2022
Tan 'ble Fixed Assets	Office E~l	Total
Cost	g
Brought forward 01.01.22	8,076	8,076
Additions
Disposals
Carried forward 31,12,22	8,076	8,076
Depredation
Brought forward 01.01.22	7,575	7,575
Charge for the period	198	198
Depreciation on disposals
Carried forward 31.12.22	7,773	7,773
Net BookValue
at31.12.22	303	303
at31.12.21	501	501
All tangible fixed assets are used directly for charitable purposes.
Debtors	As at	As at
	3V12/22	31/12/21
Scholar debtors	46,301	28,734
Prepayments and accrued income	15,086	1W020
Sundry debtors	793	793
	62,180	153,547

In view of the ongoing effects subsequent	In view of the ongoing effects subsequent	In view of the ongoing effects subsequent	In view of the ongoing effects subsequent	coronavirus	pandemic,	it is considered	that the
majority ofthe scholar debtors should be considered				as receivable	after more than one year		from the
balance sheet date.
Creditors: Amounts	Fallin	Due	in One Year			As at	As at
						3V12/22	31/12/21
Operation costs creditors						387,083	289,315
Trustee reimbursements	outstanding		(note 16)			853	853
Accruals and deferred	income					50,248	31,684
Other taxes and social	security					4,392	5,157
						442,576	327,009