OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Oat Street Unitarian Chapel

2024-12-31-accounts

Reglstered Charlty Number . 1154373 OAT STREET UNITARIAN CHAPEL TRUSTEES. REPORT AND FINANCIAL sfATEMEfvirs POR THE YEAR ENDED 31 DECEMBER 2024 Page l of 14

OAT STREET UNITARIAN CHAPEL LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Andrew Webb Jane Couper Rosemary Restall Chrfs Grove Charlty NUm￿r R¢gl•tsr¢d OfflGo 1154373 Oat Street Evesham WRII 4PJ Uoyds Bank PIC 19 Hlgh Street evesham WRII 4DQ Cox & Hodgetts De Montfort House Evesham WRII 4HS Banknrs Soll¢ltorn Independènt examlner L4ur4 Carter Page 2 of 14

OAT STREET UNrrARIAN CHAPEL CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees, Report Indeperbdent ExamIne￿S Report statement of Flnanical Acuvltles Balance Sheet Notes to the Flnanclal Ststements Pdge 3 of 14

OAT STREET UNrrARIAN CHAPEL TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present thelr ann￿1 report and flnandal statements for the year eThded 31 December 2024 . The trustees present ttir report wlth the financlal statemats of the charity for the year ended 31 December 2024. The trustees have adopted the provlslons ot Accountlng and Pportlng by Charftles: Statement of P£commended Practlce appllcable to charltles preparing their accounts in accordance wlth the Flnancial Reportlng Stsndard appllcable In the UK and p￿ublIC of Ireland (FRS 102) (effectlve I January 2019). ObJectlv•s and alms The obiect of the Charlty Is the promotkn of rellglon In accordance with the principles of the General Assembly of Unltarlan and Free Chrlstlan Churthes. Publlc l>enefft In pursult of the Objects of the Charity. the Tn&ees provlde a place of hr•rshlp lor all to attend. During the year, the Trust has cortlnued to wrsue the Oblectfves of the Charlty. FINANCIAL REVIEW Flnanclal posltlon The defidt for the Unrestr1rt￿ fund for 2024 was £6.24912023- Surplus of £5.199>. Resem5 poII¢y The Ihjstees have pursued a pollcy of malntalnlng the property of the Charlty and of sUPPOrtlng the rellglou5 and other charltable work of Unltarlans In Evesham and Malvern. sniucruRE. GOVERNANCE AND IWIAGEMEirr Governlng docum•nt The charity is controlled by its governlng documenL a deed of t￿￿ and constitits an unlncorpordted charlty. The Govwnlng Document ts the constliutsn adopted on Ilth March 2012. The Governlng Document provldes for a maxlmum of elght Managlng Trustees. The ltrustees are empowwed to flll any vaoncles In thelr rank& Inductlon and tralnlng of new trustoes The Chalrnlan of the Trustees 5s responslble for the Inductlon of any new Trustees Includlng awareness of the dutles of a Trustee. and awareness of the Govemlng Oocumrt admlnlstratlve procedures. arrfl the hlstorlcal and phllosophlcal appmach of the Charlty. The 8rftlsh & Forelgn Unltsrfan Assock¥on (Incorporated) Essex Hall. 1-6 Essex StreeL London. WC2R 3HY STATEMEpif OF TRusfEES' RESPOMSIBILMES The trustees are responsible for preparlng the Report of the Tnstees and the finarKlal statements In accordance wlth appllcable law arKI Unlted Klngdom kcounting Starmlards (United Klngdom Generally Accepted Accounting Practice). The law appllcable to chafltles In England and Wales. the Charltles Art 2011. Charlty (Accounts and Reports) Regulatlons 2008 and the provlslors of the tnst deed requlres the tnJstee5 to prepare financlal statements for each financlal year whlch glve a tn* and falr vlew of the stste of affalrs of the charlty and Page 4 of 14

of the incoming resources and application of resources. including the income and expenditure. of the charity for that period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charity SORP.. make judgements and estimates that are reasonable and prudent: prepare the financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responslble for keeping proper accountin9 records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charitie5 Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for takin9 reasonable steps for the prevention and detection of fraud and other iThegularities. The tnjstees are responsible for the maintenance and integrity of the charity and financial infomation Included on the charity'5 website. Legislation in the United Kingdom govemlng the preparation and dlssemination of financial statements may differ from legislation in other jurisdictlons. Thls report was approved by the tnjstee and signed on its behalf by: 2za M, 28Ls- Jane Couper Trustee Date . 20 June 2025 Pdge 5 of 14

OAT STREEf UNITARIAN CHAPEL INDEPENDEKf EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Ind¢pftthrt examln•ts rwrt to the tn￿ee9 of Oat Stra•t Uftllarlan Chapel I report to the chartty trustee5 on my examlnatlon of the Kcounts of Oat Street Unltsrlan Chapel Ithe Trust) for the year ended 31 December 2024. Responslbllltles and b•g1• of rnport As the chartty trustee5 of the Trust you are respor6lble for the preparntlon of the accounts In accordance wlth the requlrements of the Charftles Art 2011 lhe Art). I report In respect of my examlrwtlon of the Ibjsvs accounts carTled out under Settlon 145 of the Art and In carrySng out my examlnatlon I have followed al appllcable Dlrertlons glven by the Charlty Comm15slon under Sectlon 14515)(b) of the ACL I have completed my examlnatlon. I conflrn) that rK) materlal matter5 have come to my attentlon In connertlan wlth the examlnatlon gfvlng me cause to belleve that In any materlal respect; l. accountlng records We￿ not kept In respert of the Tn as requlred by Sectlon 130 of the ACL. or 2. the accounts do not accord wlth th0￿ records: or 3. the accounts do not comply wlth the applScable requlrements concernlng the fomi and content of accounts set out In the Charltfjes (Accounts and Worts) Regulatlons 2008 other than any requlrement that the accounts glve a tn￿ and falr vlew whlch Is r￿t a matter consldered as part of an IndeperKlent examlnatlon. I have no concerns and have come acrn5s r￿ other m)tteis In connectlon wlth the examlnatlon to whlch ttentlon Should be drnwn In thls report In order to enaljle a proper understandlng of the accounts to be reached. Name: Laura tsrter Date: 27 June 2025 Pdge 6 of 14

OAT STREET UNITARIAN CHAPEL STATEMEKf OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2024 Recommended Categor1￿ by a¢tlvlty unrutrI￿ Restrfcw Totsl Funds Total Funds 2024 2023 Income and endowments from: Donatlons and legacles 17,366.68 42,332.22 59.698.90 59,672.51 Investments 5.525.00 5525.00 5.816.34 Tot•1 22.891.68 42.332.22 65,223.90 6S.488.85 ExpMdltur• on: Charltsble actlvltles 29.116.80 25.804.90 54,921.70 48,948.45 24.00 32.00 56.IXI 70.00 Trtal 29.140.80 25.836.90 54.977.70 49.018.45 In¢omel(exp•ndlturn> Other recognlsed galnslllosses): Galns and losses on revaluatlon of flxed assets for the charfty's own use 1&249.12) 16,495.32 10.246.20 16A70.40 1176.32) funds 16249.12) 16.495.32 10.246.20 16.294.08 R•¢on¢lllatlon of fvnds: Total funds brought forward 161,034.53 18,619.12 179.653.65 163,359.57 Total funds carrt•d forward 134,785AI 35.114.44 189.899.•5 179.653.65 Pdge 7 of 14

OAT STREEf UNrrARIAN CHAPEL BALANCE SHEEr FOR THE YEAR ENDED 31 DECEMBER 2024 Restrfcted Income fvnd$ Total Funds 2024 Total Funds 2023 Recommended ¢ategorfeB by actlvlty Unrostrlrted fund¥ Fixed assets Tanglble assets Total flxod agsets 100,096.00 127.99 100.223.99 100.279.99 100,096.00 127.99 100.223.99 100.279.99 Current assets Cash at bank and In hand 48.658.56 34.986.45 83.645.01 73,780.31 T¢Jtsl curY¢rt assets 48.658.56 34.986.45 83.645.01 73.780.31 Total net as••ts or Ilabllltlo• 148.754.56 35.114.44 183.869.00 174,060.30 Fund• of the Ch•rfty Unrestrlcted funds io 154.785.41 154,785.41 161.034.53 Restslcted Income funds io 35,114.44 35,114.44 18.619.12 Endowment funds io Total lund8 154,785.41 35.114.44 189,899.85 179.653.65 The flnanclal statements were approved by the tN#ees on20 June 2025 and slgned on Its behalf by: Jane Couper Trustee Date . 20 June 2025 Page 8 of 14

OAT STREET UNITARIAN CHAPEL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accountlng Pollcles The prfnclpal accountlng polldes adopted by the Charlty, whlch Is a publlc benefit entlty, In the preparatlon of the accounts are as follows. 1.1 Basls of proparatlon These accounts have been prepared under the hlstorfcal cost conventlon, as modffied by the Incluslon of charltable propertles and fixed asset Investments and Investment propertle5 at valuatton. These accounts have been prepared In accordance wbth "Accountlng and Reportlng by Charftle5: Statement of Recommended Practlce appllcable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102)" (effectlve I January 2019) - (Charftles SOAP (FRS 102)). the Rnanclal Reportlng standard appllcable In the UK and Republlc of Ireland (FRS 102) and the Charjtles Act 2011. These accounts are presented In pounds sterllng and rounded to the nearest pound. 1.2 Golng concern The Trustees have prepared flnanclal prolectlons. taklng Into conslderatlon the current economlc condltlons and have, at the tlme of approving these accounts, a reasonable expectauon that the charlty has adequate resources to continue in operdtlonal exlstence for the foreseeable future. Thus they continue to adopt the going concern basls of accountlng In preparlng the accounts. 1.3 Income from donatlons or grants Income from donatlons and grnnts Is recognlsed when the charlty Is entltled to the funds. the recelpt Is Probable and the amount can be measured rellably. For donatlons, thls Is usually on recelpL For grnnts, thls Is usually when a formal o'er Is made In wrltlng. If a donatlon or grant contalns terms and condltlons outslde of the chaTIty'5 control Ylhlch must be met before the cha￿ty Is entltled to the fvnds. or Sf the donor speclfles that the funds must be used In future tlme pertods, then the Income Is deferred. 1.4 Tax reclalms on donatlofts and glfts Glft Ald recelvable Is Included In Income when there Is 8 valld declaratlon from the donor. Any Gfft Ald amount recovered on a donatlon 15 consldered to be part of that glft and Is treated as an addltlon to the same fund as the Inltial donatlon unless the donor or the tern￿ of the appeal have specified otherwise. 1.5 Income from Charltablo artlvltles Income from charftable actlvltles Is recognlsed over the perlod to whlch the Income relates. Concert fees are recognlsed at the date of the event. PIeMbe￿hlp fees are recognlsed over the perlod of the membershlp. Rent 15 recogn15ed over the perlod to whlch It relate& Any amounts relatlng to future perf¢xls are deferred. 1.6 Expendlture Expendlture Is ￿OgnISed when a present legal or construct•ve obligation exists at the balance sheet date as a result of a past evenL It Is probable that a transfer of economic beneflts will be requlred to settle the obllgatlon, and the amount can be estlmated rellably. It is Inclusive of VAT whlch cannot be covered. Direct costs are those costs whlch directly attribute to Its actlvltles. Wages and salarles are allocated to dlrect costs based on an estlmate of tlme spert on charltable actlvltles by staff member5. Support costs Include staff costs and are those whlch do not produce a dlrect output. Stsff costs relate to speclfic actlvltles and this Is refierted In the allocatlon of payroll costs based on the percentage of tlrne spent. All costs. Indudlng governance costs. are allocated between the expendlture categorfes of the charfty on a basls deslgned to reflect the use of the resource. Costs relatlng to a partlcular actlvlty are charged directly: others are apportSoned on an appropriate basls. Support costs and ovetheads have been calculated by allocatlng staff tlme to the level of Invofvement In the varlous actlvltles ot the Charfty. 1.7 Taxatlon Pdge 9 of 14

The organlsatlon Is a regtstered Char￿ and has no liablllty to Income tsx or corporatlon tax on Its charltable actfvitles during the year. 1.8 Fund accountlng Unrestricted funds are those funds whlch are avali able for use at the dlscretion of the Trustees In furtherance of the general obiethes of the charfty and whkh have not been destgnated for other Restrirted funds are funds whlch are to be used In accordance wlth speclfic restrictions imposed ty donots or which have been ralsed by the charlty for partlcular purposes. 1.9 Tanglble flxed assets Tanglble flxed assets. as land arKI bulldlng5. planL vehlcles and ewlpmenL a￿ held to provlde an on-golng economic benefft to a charlty through thelr contributlon. dlrecty or Indjrectly, to the provlslon of goods or seNlces by the charlty. Tanglble fixed assets. other than freehold land. are stated at Cost or valuauon less depreclatlon and any provlslon for Impalrn)enL Depreclatton Is provlded at rates calculated to wrlte off the cost or valuation of flxed assets. less thelr estlmated ￿klUa1 value. over thelr experted useful Ilves on the followlng basls: Nam¢ Plant and Machlnery Aats l%} 20% Year Reduclng Balance 2. Income from Donatlons and Legacles Analysls Restrlcted Income fvnds Totsl funds 2024 T•>tsl funds 2023 funds D¢)naUon and glfts General grants provlded by Govemmenuothff charStles Glft Ald Legacle5 7,758.56 6.742.22 14.500.78 25.871.33 8,000.00 35.590.00 43.590.00 22.250.00 1.608.12 1.608.12 1,491.53 10,059.65 17.366.68 42J32.Z2 59.698.90 59.672.51 3. Income from Investments Analysls Totsl fvnds 2023 Interest Income Rental and I&￿Ing Income 200.93 5.525.00 5.525.00 5.61S.41 5.525.00 5.525.00 5,816.34 Pdge 10 of 14

  1. Analysls of Recelpts of Government Grnnts Thls y••r DoKrfptlon Mldl•nd Unltsrf•n A88od Unrestrlrted 8,000.00 Wood Grwn Tnmt 15,000.00 Mldland Unftarfan A•soclatlon 20,590.00 T•Xal 43.590.00 Last yaar DascrfNlon Mldland Unltarfan A••ocl Unre5tr1rted 7.000.IK) 15,000.00 North Malv•rn Chapol Th 250.00 T•tsl 22.250.00 Thls y￿r Last year Please pmvlde detalls ofany unfvlfflkd conditlon5 and othercontlngencles ttachlnq to grnnts thathave been recognisedln Income. Thlsy Last year Hease glve detalts of other fonns of overnment asslstance from whlch the chartty has dlrertly beneflted.
  2. Expendlture on Charltabl• Artlvltles Totsl fvnd• 2024 Totsl funds 2023 Analysls Charfty management & admlnlstratlon Prlnting and statlonery other prem15es costs Mlnlstry Costs Room hlre and resources Ught and heat Sundries Support Costs 6.286.50 1.067.99 11.998.28 28,103.65 3.419.49 2,916.29 630.50 499.00 983.67 11,083.10 23.513.25 6,346.09 5.292.28 970.06 760.00 54.921.70 48.948.45

  3. Support Costs Tot•1 funds 2024 Totsl funds 2023 Analys18 G¢)v¢rnan¢• Costs Accountants fees 499.00 760.00 499.00 760.00 Page 11 of 14

  4. Other Expendlturn Tijtsl funds 2024 Totsl funds 2023 Analysls fvnds Incomo funds Depreclatlon Charge for the Year- Plant & Machlnery 24.00 32.00 56.00 70.00 32.00 70.1)0

  5. Tanglble Flxed Assets Pr•ohold Land & Bulldlngg Plart & Machln¢ry .1 Cagt or valuatlon At 01 January 2024 Addltlons 100.000.00 349.99 DISpo￿lS Revaluatlon5 Transfers At 31 December 2024 100.000.00 349.99 8.1 Depredatlon •nd Iffip•lrnKnts At Oljanuary 2024 Charge for the year Dlsposals Revaluatlons 70.00 56.00 Translers At 31 December 2024 126.00 8.3 Not book value At Oljanuary 2024 At 31 December 2024 ioo.000.00 279.99 100.000.00 223.99
  6. Cash at bank and In hand Totsl lunds 2024 Totsl fvnds 2023 Cash at bank and in hand 83.645.01 83,645.01 73,780.31 73.780.31
  7. Charlty funds 10.1 Detalls of materlal funds held and m•v¢ments durfng the CURREKf reportlng perfod Pdge 12 of 14

Fund bgl•nces Galns Fund balances carrled forwayd Fund names funds 161.034.53 22.891.68 29.140.80 154.785.41 Income funds 18.619.12 42.332.22 25,836.90 35,114.44 179.653.65 65.223.90 54.977.70 189.899.85 10.2 Detalls of materlal funds held and movements durlng the PREVIOUS reportlng perlod Totsl Pund G•lns and Fund balances arrfed forward brought forward funds 155.836.15 37.178.61 31,803.91 (176.32) 161.034.53 Regtrl¢t¢d Incomo funds 7.523.42 28.310.24 17.214.54 18,619.12 Total 163.359.57 65.4A85 10.3 Transfers between funds 49.018A5 1176.32) 179.653.65 Thls Year Between Unrestr1￿ and restrlrted lunds Between endowment and restricted funds Between endowment and unreStrIc￿ fvnds Last Yo•r Between Unrestric￿ and restricted funds Between endowment and restri￿ funds Pdge 13 of 14

  1. Average Number of Employees Average Employees Thls y¢Jr Last year Averdge number of employees Totsl Employees Average number of employees durfng thls year :O and Last year: O Page 14 of 14