¢h8rity R•gi$trotion No. 1143163 Cryany Reyi51ratlun No. o77223o4{EnBTrd arKI Walesl OXFORD BIBLE CHURCH TRUST LIMITED ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Avshawgibbs
OXFORD BIBLE CHURCH TRUST LIMrrED LEGAL AND ADMINISTRATIVE INFORMATION Trustaos D R Waler K* B Ehai C Okereke M NdumP charity number 1143463 Company number 07722304 Roglstored offi¢¢ 363 BanbY Ro& Oxfoiii OX2 IPL Indeponderf 0xamln¢r Sh•¥ wbt>s rri10£1 264 Banbwy Oxford OX2 7DY
OXFORD BIBLE CHURCH TRUST LIMrrED CONTENTS Pa98 Indedent exawinprfs rewt ststemenlaffffi8rKial artMiEs Nota$ lo th8 fnarKi8lsial8fttÉ 7.12
OXFORD BIBLE CHURCH TRUST LIMrrED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JUL Y 2024 Th8 trustees wesenl t1r annual atKI Ina[ IlheYeared 31 JLty 2024. firhonuel slolem¢nts hevc b¢en prepared in •wounbry xt wt M notc 1 to ihe finynciol sialemenLs and comkly with Ihe charity's (kxbnwl. &YpTre$A 2QM)6 and"Acco and Repttng by Charities." Statement of ReCorrffied Practre to charthe5 wep3mg lhr aco)unts n accordanTr with the Financial strndard appltatle w) UK RwtAic of treLd IFRS 1021" lefftdive 1 January 20191. Obje¢trwes and a¢ti¥th"es Charity's 04.ecis 8r& for Ih8 l¥JN lo thè c11an f8th in OXI 81¥8where. 85 tt)6 Trustaas Wdy ihink fiL n rdanCe1th the Stawwiof the and of AssooatKffi. T51 ako seeks lo relieve peS c11j5 of hardship ordtr¥s. both in lh8 UK and ovet5eas. To a8S51 in the 8dvan¢Èmeni oteducAtn tr Dag$ oi cmstsan Pnp. Mort dÈtsil Of rfthÈ Trustare avaILb via Ch8rityCOmS?¢n's entry for th6 ¢haritat4eccthp8ty. Public benefrt In Bgtbng objeclivgs of tho Charity and F4atwung ouTtsib&s. Iwsteos havg pad tr) Ihg putyic b9ngfrt (]UKlance putAished bythe Chanty rMS1On. Trt trusieÈs heve paid due re98rd to 9uktsn¢e i59Jed by in dÈcidirg Ihectharrty should urJÈrtak&. Achlevements and performance TFMS dS the cotnpanls thirteenth full yeai of Dppration. and a heathy revenue streN has Ix)nlinwd ai £387,835. whh has been our best yew so tsr. IrKome has been &gntyhhrthan In [evK years. MallY due to a one4>1f large dontlion. Th15 Ve1 Df n¢offie eThth us to fiJt¥J t¥Jr exlBnsve supmof ry¥ssoes ard ci)tnTTnity wcxkers, th in the UK and ovwseas. Add01y, our growi rnrmstryef brtdcaS1itvJ. quity TV DVD mrammBs Ttri5 annual Ofine made FWJ5S bl8 bya faithfLI c(Ye of lajr dLy %¥ have thlY adiry Orde6. and th&se sr$ ciucial to th• cash fl(Mt. Our oI¥d£ thè yèar incY•asèd to £265.T84. tt nèvlhÈlèss rfUnd r8$èrv4s &8wan crease ovor lh& fin)ci81 (J. so they ts)nbnL tr) be in a baMhy stats. Most of the Crch'S adMt*S tnake use of Chetw sch Ihe rentfIhls is 3 Martern0f exEEnditure each rnotrth.
OXFORD BIBLE CHURCH TRUST LIMrrED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2024 Church Acl6vlU88 and 8¥t9 Tlis year, (yJr CMrch attan has seen a steady irKxease. eSCla0ne takes wrtoatmLnl thD5e whoi(xn us by hvestre8m on Surwjays Our ¢orw9atwJ) ts ee. ts)ryiny VariwseI¢ mureS 8nd •)e 9roups. Our annual InlemainaI tby lunth 6 a greal slThca$8 oflhts ¢JNersly. fealumg a 0fAf1an. EJrrwn, andAg8n contr)ulions. [>StS can experien mie food. (thiry. and danurvJ frun kne5e cutture5. We are cornmitted to nOn¢79 CMslk?n F&>th ttrfW3h varkxts mcans. Rewtr Chwch ScMrare hdd. wth prov15n for Nur8trry. Kinder Churth. JunN)i ChJr¢h, SLW Church. Yrxrth MI)118$. arQ Itachirw) gvwts. In additiw, we held 2 special Water Baptism sees. We also ¢knbute CD and DVD teadNng MateriS. As p of Durcommtment to child saf8Juardiry, we WLYk and sed( from Thittyone". Ifortnaly as CCPASI. TTr prodti ofTV yogrammes ol $ldard. fealure the P¥st¢r •)J his %wfe le¥Kh9 the Chnslian faith show weekly on the Chnstian TV channS ReveLatn TV G(xl TV. in the UK and ternatsonallY. In addition. the Pastor is rpgularfy feaiured on RevÈlabon Tws rwratNnes. ththrÈpk y O&A and Bible StLY progYamme8. We al>) o>)ntinue 10 broadcasi ourprogrJtts ]hOthan4 in Uwda. d El sha81 chanwl frotD ElhiOPK4 across Atrica and the MKklle Easi Sye aso broa&trTv prowamme (dubb into Urdulon JCTV in Pakis 8nd we have th 8 A$1Th nj89e y(j-tbe an U1 larwe yw.lube chamel Wa also ha oui own Inrntbad Roku. FireTV. AprqèTV. Gt¥>JèTV. 1¢[v. AmazonFYe, IT$ and You-IlJb& channds lealunng ov8r800 proyrdrrn$. In thjilm. * Iivesw8am rwjr SuThtsy S8r¥ic8S pd Weth789Jay evening Bible Studie5 on the Oxford 8e Churth YotLth Channd. Misson 15 akey aLisity forthe Churth. arKI supsxmla wmberofiJuraryre9alKxi. vth)aie adNe n UK aTrd overseas. Tris in¢lud a ¢tyJpla who oversee d ¥upp)rt a C$14n sd in Ugant4 0 wt suppon ts domg mtssionary work In Bra1, and ttrre is anotrr cwtAe the d(Mro Cthstkan wdunteerwork in Isrdd. We also SUFPOrt 3 lady oing literacy work in Ind(NES We SUF¥ a comunty wykerdory Cirisban in OxfLKd an(J the UK. including as a Chaplan. In addit to indiwdu315. we as51 a Y¥ety of t5ary saliQllS. YknKh in Asia Africa. Easts Europe and the Mde East in peo_S natwa arNI spntU31 need5 W- aso have a I9-standIn9 SUFWrt to a Church and PAble S¢hts)l in P¥ki%tsn i) Lae. We $0 suppm a nssion land rts LYrthanal In Malawi. iylN¢h islritules our leaching ma16YKg1s nalKMs J50. w¢ suwt Songa Mbele FoJndaliw. whi¢ works with scthds in Souh Afnca AJI avity ts expenin. txrt (xrefvl who s [Mrj lhedonatrts and for g¢y)J Iratk ¢(dS and $w[vi)n. W8 prodLKe a n8svslsNtrrwith teacfvrv45. •rwJw gves8 d8iaded r•))rd ofthe oftho Cburth. and our Church Website. W¥w40xf(dtNArch.CO.Lk t0desa growrg £dlIOn o" Chrisban ÈathrvJ materias Ourchurch Handbook. ako on theete, ctaS rnip_ [lled th)rrNabon axxrt Ihe ed wotk and lSOnS ofihe Churth. Th year. P8sl¢r DtrFk rd8ased 2 new bcth".'End-fim& Profv131." thè Rapknxtr lo Elernty, 8ThJ t)ual Immirn('. W8 have 2 Sunday SeMc8s111am aThJ fpmb a mwJAek Pa$tces Sbjdy latso lrfvstrva>. Oww88kly H<xn&groups and Prayer kleetirys 1s0rnetireS by znI hdp to caterfor Peo'S sprrtw4 nee¢5 ar praylor work in Oxford. We on occasn81 lCheS. and tknpts gues¢ ¥EaÈrsfor Ihose wthits tnd %wihoul IhÈ ChuTch r Chrisb¥) Foundation Cour 6 8 5.week ¢wtse by a Dutt4)3r ot bmBs year for nw.ChristiaDs and new ch.lns. who are Interested in kmwing m(we Cthstiarmty. as %Ydl as rmre fftature bdEvers who want to str8nglhen th¥r fath-f¢Lrd¥i¥)ns We aim to n9 r89Jigrsp8081 IntA)n SeyKes every tew months, especk8ly designed for newcomers. who want lo know m(we alt thslianity. Evawtsm Team makes regulari)utreaches to the Ial CDrnTnunity. ar trai s provid toenable peotAe to share th[faIth rrKe effetivety.
OXFORD BIBLE CHURCH TRUST LIMrrED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2024 Local Communlty Imfolvemeni Inlemali(Thl Student MiThslry" Wee ckn5eto Oxlord BDke5 Untty wilh rrwry sludpn15 frofft al overthe worfd. We have a youny peorde's 9rthJp Ioertity for the 1&30's, wh¢ nts wuy. We are emberS Churches T(ettr in MI sUEyKXtthr V&1 athitEsservng thelixl tMunitY, luding their annual Funqjay c(NlltnunityiJulreaGh th8 Surnww. W8ar8 pBrtaflh8 'L8 Oxtutd Churthe5'. etsyork ol Irjcal churc$, which 9athci tc8cr for W events, and 8yk IcgctrÈr lor knc roncwal of Oxford. Fintncial rèview It is the policy oflhe chLytrk?lunreslnct¢d •Jnd>hK kne rYJtbeen desgn3ted lor a spec4fK usethuld be maniained at 8 levd eouiwaeni to bewjeen 3 Wlh's 6 mo)th's exwdth. The wuSe$ cty)siJerthai reserves ai th6 kvelwill ensure Ihat. In the evwt swffic8nt drop In fUng. iw 11 be ablg to tirL8 thg cha'tys currwl 8cti¥ibe$ %hle consideralian Is gNen t) ways in whK lIValfurNts may be raised. of reseryes ha5 bBen Mantainl through1 the year. trusiees has assessed Ihe riskstowhch theiwty is ewd. andwe satisw ihat swemsaye in place to milwjats exposure lo ihg r. Plans forfvture pwiods The Oxford Bible Churh Tntst rrted has estathed a grKKI f(ltion rf5 IrratOn in 2011 ar we exp1 conttnued growth. lo mointain eXpar its ¥¥Trws chariWAe actr4itES treaCheS. b)th al home •id 0¥a$. structur•. gavomanc4 and managAn1 Th2 CLYnpany was COted on 29 Juty 2011 atvj rBg5tered as a charty on 19August2011. Thè tnjstees, arè also thè dreLtors fot ts wr[8 ot tx)n4)any L. s#v8dduriNJ Ihe ytaraNI up to th& dattr ol Signa[01 the stai8mts ww8. Mr D R Walker Mr P E Athvo(h Mr B Bh8tti Mr C Okreke MrMNdu Mr G Greg(ry None of Ihetrusietrs has y InierÈ5t the uxY4)any. AJI oflhe trusis are company)d guarantee loeonlribJle £1 in ihFevenl ora *ir¥Jg LV. bwstees. reportwas arvroved bythe Board of TnFAees. Mr D R Walker Trustè• 3 Marth 2025
OXFORD BIBLE CHURCH TRUST LIMrrED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OXFORD BIBLE CHURCH TRUST LIMITED I r8Wrt to Ihe trlee5 my exatr4nalKJn vfthe statw[LS Oxf(KQ &'ble Clvjth Trt Limited (the chatityl f(Klhe yearendÈd 31 July 2Q24. R$sponbIllIFy arKI basls of rtport As Ihe bust888 ofihè d)8rity18nd $0 its dir8cloisftr wrKJse8 of cthwary L8wI youare reSp)nb forthe prnparatvj) of lh8 finarwl stalernwts in accortsrK8 with Ihe wir•rw)ts of ConwarsA¢l lihe 2006 Acti. Hawng salEfied m)seWthat the fin3noal stetS of the clwty we not requred to be audrted under Part 16 2006 Act arvj are eligible for IndepdeTrt exaninalon. I rewrtin respectof trry exatninatvJn of otharity's fin8noal stalefflents carried out UNJW 145 ot ltre CharitEsAci 2011 lthe 2011 A¢ii. In cwryry tyjt my examiThaion I have folN¥ed 1 the 8pplicabP& ThrbonS gtvw by the Chanty Secti 1495Mbl oflh8 2011 Act Independent examinees statement Since the charity's gross income Kcded £250.CrfI) your exaniner rn1be arTrprtthrofa in section 145 (rfthg 2011 Ath. I c(nfittn that l atn qualthed lo urvjerlake Ihe eXa[nt bBcau5e l am a m8mEerof CharteFdd C8rbfi8d Attounlants. 15 (ne ofthe S5ted botfje5. I have CoMpted rny exarninalion. I confirrn that M malter5 haVeC to rnyattentiDn in rnnnectkM th the examination Qiviry MÈ Gau$e to bÈlrNe thÈt ally Thalerial resppct". accounbry records were notkepl in respeclfrfthe ¢hty as rewired by serthfft 386ofthe 2(M)6 Act.. the financial stairynents do not a¢tyyd tFN)se rewrds.. the financial statefflents do (ComplY wlh Ihe rewyernents of secbon of the 2V(X> Act otsr Ihan requirpThenl thal the ac(xKnts gve a tnE and r¥+¥wIlch is a matter cSKYer1 as Of indeFendpnl examina1Tr.. the financial 5talements have tK>l been Preped in a(LordatKe ryth Ihe and prinpSOrthe Statement of Recommended Pral¢e for ac¢ounbTrJ and by carites io thanl.es weparmy Iheirattounts in accor wlh Fin3rKial Rewiire slints applicle bi ts UK Re ol Ireland IFRS 1021. I ha¥e no Con3 antt have ¥eat)SS Olher in ConrK)n1ththe to attenlioTr strK>Lld be orawn in this repM in order to en8tAea ryrper UThjerSOlr dlhe fir&9rwl alnts 10 be reached. shaw Glbbs Llm6tod Chart•wd cortifi 264 Banbury Road Ox[d OX2 7DY Daltd.. 3 MGrch 2025
OXFORD BIBLE CHURCH TRUST LIMrrED STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JUL Y 2024 Uwostri¢tod unrOl¢tod fund5 funds 2024 2023 In¢omo fw: Donatior6 and lllveslments 3e5.051 2.784 310.347 1.087 Totsl In¢om* 387.835 311.434 Expenthture on= charitab tiV@S 0th8r exp8ndilure 265.784 248.279 100 265,784 248.379 N•t Incorn• and rnovemqnt In funds 122.051 63.Lk55 Fund balances al l Alt 2023 294,712 231.657 FurKI balanGes al 31 Juty 2024 416.763 294.712 TrÈ slatsrnenl of finanual athitE5 in¢knde5 811 gair6•Y h)sses rwi5ed in the year. iroyne expeThllure derive contimmry ac1wit.
OXFORD BIBLE CHURCH TRUST LIMrrED BALANCE SHEET ASAT31JULY2024 2024 2023 Flxed Bssel¥ langible assets 11 4.470 Cuvrent assets Debiors Cash at barlg and h ha 12 79.919 69.4&1 3.786 415.473 293238 Crnditorn: motsli1n9 wilhin on• year 13 (3.1801 13.0251 t ¢urrentass•ts 412.293 290.213 Totsl assets less cuThent liatHlibe¥ 416.763 294,712 lunds ol ¢harlty Unrestrid&4 futKJs 14 416,763 294.712 416,763 294.712 Trt rtyMp8ny E enbued to Ihe exeTryk frrAn iheaLlit wiryw0laIryed ki 4T7 afthe ConynEsA¢t 20t6. lor the year endad 31 July 2024. Thp directo acknithae their rest5MIthes foraXnp.rvj wth th2 requrernents ofthe Ci>fftpanAGt 2(136 re5P2Ct trj accounbry record8 and the wep8ratrm $18tJiients. The membES have wuire(I Ihe cornpwy an audit of rfs fuwrKial str1ent5 yw In qStion in accordancewth sect 476. Th8se ffinaal staLeThents have prepad withlhe WO¥iLy}s apk4Kxbl8 to cxThpanies &ubiectto the small (xxnpanie5 regiTr. Ihe financwl slateTrnts apryo¥ed bytrÈ INslees 2025 Mr D R Walker Trustee Coryany Wis1rati rMJtrthr0772231M IEn9L•MI atKI Vlalps)
OXFORD BIBLE CHURCH TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JUL Y 2024 AOUnt9 pol195 Charity inlarmBtit OxforJ Bible chUh frust Umited a vate Co0nY lirrytl ty guarant9e I[atEd in EngL4ThY 8ndWale$. The istsred offKe Is 263 BartNJry Road. Oxknj. OX2 7PL. 1.1 A¢countlg comtenti 2006 8nd-A(nn9 Reportvlg ChètilS" StslertEnicl RÈt(Mnftwded Prxte apaNt 10 charities Ihgr acttwnts in all¥rpYlh the Fr081 SWdatd a1 In IhB UK and REpubhc of Irdand IFRS 1D2)- las amended tor 0dS CCAmenury trom 1 janry2016) The ch¥ity isa PutAIc BenBfil Entity asdefined by FRS 102_ The tharity has taken advarrtagp of th2 provisxM5in the SORP fortharilie5 FRS 102 Update BU1 1 TY)t Io pr&w• a Staiameni of Cash FhJ¥¥s. The fina1 akrthnts are slj. vknich v3 th8 oJrwolth8 th8rfty. Monaryamounls IhfysefincI stslemwis we rOUE to Ihe wrest£. The financial stalements have WEpaed uThrthe tristorica fv110n. The wnc¥)al antir0 polryes adoptèd a SBI oul beknw. 1.2 Going concem Al the Iirne of apprrmry Ihefftnatwl statemenis. Ihe trns( have a re35onable expectaknn that the chanty has adequate resources to continue in 0ppratnaI exi51enceknthp foteseethk fu. ThLts ItU51ees nInue lo 1(1 th& o¢ing co8 of8C(J)untsro m prepari lh8 fnan¢kql 8iwnents. 1.3 Charitable lunth Unrestrthd luids are avatsL fc¥ use al lh8 ofuie Ir1¥S fuiUw3ra[ ofultr dKilla& bve$. Restred knd5 SU.ectIO SCco ty thrKKS 0[11)r5 a5 ta htheY rw b2 used. The putpws and uses ofth8 strted funds are setwt In the lo the [aLIa1 siatwtts. EThJownEnl fvnds are ¢0 Speotsort1s by Ih8rts c4ptsi rnust be mainbned by the ch 1.4 In¢omg IrLcorne 15 rec1yJned when the chlty 15 legalty enti'jed to it after any pthKrnan have teen the tK)unts can be measured relabty. a[ it15 thal In(xjn il berwENed. C8shdwaJc)s ¥8 r6(J1j ¢)n r8¢ept. Othor¢kn*p¥ we rÈ(yywthJ thè has no11j oftho doknon. unless c(fft1ib(m ollhe aftjnL Incune lax recoveraile in relabw to donalv)DS recered der fyft or deeds of enant is wised attre tvne ollhe ckjnalion. Le9atye$ are re¢rgrised rtttypl w tyhe rf the ch•rity has been Trotif of an impending distributi, Ihe ount Is known. recgipt is eyded. anount i5 kn<¥An. Ihg Wy istrgatwl as a conting9nt 85Set
OXFORD BIBLE CHURCH TRUST LIMrrED
NOTES TO THE FINANCIAL STATEMENTS IcopillNUED)
FOR THE YEAR ENDED 31 JUL Y 2024
ACcoUntw pol•e$
(Continued)
.5 Expenditure
Cxpendilure Is ognISed I1here oriThstnMNe dAvja1to tra[the(Orn1C benefrttoa third party, rt
1$ kYObabl6 thai a Iransfrotrth bènaffts ba reQred w) Stlty8ff1. amoml of oblKJabon Can b&
mea9Jred rdigbly.
ExpPrKIlu is d¥s5ifpd byxtyty. (xEts oleh vity tnJ& pOIttP tdal of dirp¢twsts ¥t¥J shared rosits.
induding suptx)rt(X)sts involved in utKJprtakry eath thty. Dta)Sts attritxnable to a Sr¥J aGtivity are 311orAted
dirttvy 10 th818CtMty. Shaiee costs ¢tri>jie mtye than gaivrty suprot o)sts n
aiiributsbk 10 8 &role MIy & aPWM1iwthJ bet tlw ltI&% £47 8 c¢Msisiwt wlh e0f tysourc8.
Central stsff costs are akncated bS of ume a1 deweaknn charge5 are aIknca on pOrtn ofthe
asset's use.
All expenditure Ined hi the Staternents of Finarci Actr411es and rewrdsed
when there is a gaI orconstsuthve d4vJation to payfor exPeiture.
1.6 Tanglble flxed assets
fLKvd assEiS iniiaiy ai tWltiiNJ bU¥lllly fiitasurtr1 ai (M valuab(Hi. riettsldeprvuaiiLXI
and any Irryawent los.
DepreatIOn Is recognised so as lo wite aff th2 cosi or ValaOn of assets redUal values ovw tsir useful
IWÈS on the followiry bases..
Equ1WnI
25%
The or I$ artsing on disrwl ofan asset Édeiwm•i•J as Ihe
OXFORD BIBLE CHURCH TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 JUL Y 2024 knGom¢ from J(lon$ and lewl¢s Unrestricted UnrestrictEd hjnds funds 2023 2024 Donalh?rtsaTrJ g•ls 3e5.Q51 310.347 come Imm Ikwe8kneMs Vnr•stri¢ted Unrtrstri¢t•d luThJ¥ lunds 2024 Inter receDiatle 2.784 1.(A7 Net movement kn furK15 2024 2V23 The net nK)vementin slated after thargiryllue(ltirvJl." Depre(#8bon of trwned Iwgtlefixed assets Loss on dtstwl oltan9b fixad 3s¥ 1.413 100 TrustrÈs D R Waker eNted £50.47512023'. £47.7) in theyearas rernvh)Trts h6 role a5 Pasty This was unrelaled 10 his rde as Tw518e. Noneol Ihe othwtruslee5 lor any perW&cneLIekn them) any reMrtitin orberkn trom tr* dunng the year.
OXFORD BIBLE CHURCH TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 JUL Y 2024 Expfrrndttyre on tharll*¢a¢fjvlOos Advnncernent of the of the Chrfstlqn fallh Chrlstknn tslth 2024 2023 Dire¢t tosts staff ojsts Depr8oation and Fnpainierl Renl 31.727 1.413 25.196 50475 30.234 28.550 47.700 2.628 6.IY23 14.El)O 89.499 Pasic¢s ch Guest srtakers UK missons Overseas misSi(S TV and ralK> broadcasts ¢hildi¢n's ¢thrch and yth A4vertLWry and wnl Equiwnenl renew7J Music and insurdn Sundries Irid¥ppiid¥nl ¢%n¥5'1¥e5 Banktharges othcharitae expenditure 6.310 31.844 91.814 677 6.926 216 1.936 S,088 1.9 443 5.776 7.579 385 1.6B7 6.)1 1.W5 407 6.815 265.784 248,279 Anatysls by thjnd UnrIrthd 265,784 248.279 Other eXpenditre UnrEstrlcted Unre5tiicted funds nds 2024 2023 Nel lossM diSF4)sa of twgitle fix8d assets The ThontNy rxJmb2r ofeTrV(yfftes duriry Iheyear vras. 2024 Nwnbor Numbor 10-
OXFORD BIBLE CHURCH TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 JUL Y 2024 (Continued) 2024 Wage5 and salaE5 OtherpensKJn costs 30.825 29.375 31.727 30.234 10 Taxatio The ch8rbty Is ex8nV fr¢mtaxabM its a¢bvth&s b8caus8 all 1s8pr4bJfw charf18bl& p). 11 Tanglblg flxgd a55ets Equipmpnt Cgst At 1 kngust 2023 A(kYiibJns 18.eo6 1.383 At 31 JY2024 20.189 D•pr4elatlan zrKI IMprnian1 At 1 August 2023 Deprecwbon tharged in treyear 14.X)6 1.413 At 31 Jdy 2024 15.T19 C8rry4ng amowt At 31 Jdy 2024 4.470 At 31 JLly2023 12 Debtors 2024 2023 ArTh?unt5 falllng due within one year. PrepaytnFntsand acc[u itKX)tnE 79.919 69.450 13 Croditorn.. amounts fallingthwithth one yoar 2024 2025 3.1 3.025
OXFORD BIBLE CHURCH TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 JUL Y 2024 14 UDrestrf¢tod fvnd5 Th¢ Lrfft8lricled funds of the chortyccffiwse the uncxpcrthy bolancesoldongtiofis and gronts which orc Th)1 tUbct to speofi¢ condilryE by and tyanto as t¢ Ilw These ir(Jude designaW funds which h8¥8 been set aSe of unrestricted fuNIs by Ihe trust5 pUs. At 1 August 2023 IGTr9 Resources At31 Juty 2024 Genwal fuThYs 4.712 387.835 1265.7841 416.763 Pr•vk)us yoar.. At 1 A91 2022 In¢omlng Rosource8 At31 Juty 2023 Gen furKI$ 231.657 311.434 1248.3791 294.712 15 Related pavty tftnsxtitins Thery were Th) di5ck)saile pL8ied party the yw 2024 12023- rwel. 12-
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