Charity Registration Number : 1154373 ## **OAT STREET UNITARIAN CHAPEL** A CHARITABLE UN-INCORPORATED ASSOCIATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ## **OAT STREET UNITARIAN CHAPEL** ## **CONTENTS** FOR THE YEAR ENDED 31 DECEMBER 2025 |Legal and Administrative Information|......................................................................................|1| |---|---|---| |Trustees' Report|......................................................................................|2 - 3| |Independent Examiner's Report|......................................................................................|4| |Statement of Financial Activities|......................................................................................|5| |Balance Sheet|......................................................................................|6| |Notes to the Financial Statements|......................................................................................|7 - 13| ## **OAT STREET UNITARIAN CHAPEL** ## **LEGAL AND ADMINISTRATIVE INFORMATION** FOR THE YEAR ENDED 31 DECEMBER 2025 |**Trustees**|Mark Hutchinson| |---|---| ||Peter Knight| ||Andrew Webb| ||Jane Couper| ||Rosemary Restall| ||Chris Grove| |**Charity Number**|1154373| |**Registered Ofce**|Oat Street| ||Evesham| ||WR11 4PJ| |**Bankers**|Lloyds Bank Plc| ||19 High Street| ||Evesham| ||WR11 4DQ| |**Solicitors**|Cox & Hodgetts| ||De Montfort House| ||Evesham| ||WR11 4HS| |**Independent Examiner**|Taylorhobbs Limited| ||Cherry Trees Barn| ||Walcot Lane| ||Pershore| ||WR10 2AL| Page 1 of 13 ## **OAT STREET UNITARIAN CHAPEL** ## **TRUSTEES' REPORT** ## FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their annual report and financial statements for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## Objectives and aims The object of the Charity is the promotion of religion in accordance with the principles of the General Assembly of Unitarian and Free Christian Churches. ## Public beneft In pursuit of the Objects of the Charity, the Trustees provide a place of worship for all to attend. ## **ACHIEVEMENT AND PERFORMANCE** During the year, the Trust has continued to pursue the Objectives of the Charity. ## **FINANCIAL REVIEW** ## Financial position The surplus for the unrestricted fund for 2025 was £5,922 (2024 - Deficit of £6,249). ## Reserves policy The Trustees have pursued a policy of maintaining the property of the Charity and of supporting the religious and other charitable work of Unitarians in Evesham and Malvern. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## Charity constitution The Governing Document is the constitution adopted on 11th March 2012. ## Recruitment and appointment of new trustees The Governing Document provides for a maximum of eight Managing Trustees. The Trustees are empowered to fill any vacancies in their ranks. ## Induction and training of new trustees The Chairman of the Trustees is responsible for the induction of any new Trustees including awareness of the duties of a Trustee, and awareness of the Governing Document, administrative procedures, and the historical and philosophical approach of the Charity. ## Custodian Trustee The British & Foreign Unitarian Association (Incorporated) Essex Hall, 1-6 Essex Street, London, WC2R 3HY ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and Page 2 of 13 applkatlon of resources, Includln9 the Income and expendoture, of the cha￿ty for that pertod. In prepadn9 those llnanclal statements. the trustees are rnqLtlred to: selert 5ultable accountlng policie5 and then apply them consistentty: observe the methods and prlncSples in the Charity SORP; make Judgements and estlmate5 that are reasonable and pruden¢- prepare the flnanclal statements on the golng concern basis unle55 It is approprfate to presurne that the chartty will contlnue in buslness. The tntstées are responslble for keeplng pmper •ccountlng retords whlch dlsclose wlth reasonable accvracy at any tlme the financlèl posltlon of the charity and to enable them to ensure that the financial staternents comply wlth the Charities Act 2011. the Cha￿ty IAccounts and Reports) Regulatlons 2008 and the Provisions of the trust deed. They are also responsible for 5afeguardln9 the assets of the charty and hence for takln9 reasonable steps for the preventlon and detection of fvaud and other I￿gUlarItIes. The trustees are responsible for the marntenance and integrity of the charfty ant1 flnancial informat¢on included on the charlty's webslte. Legislation In the Unlted Ktngdom govemlng the preparatlon and dlssemlnation of fin•nclal Statements may dlffer from le9lslatlon In otherlurf5dlctlon5. This report was appmved by the trustees and slgned on Its behalf ty. Jane Couper Date .' 28 Jun• 2026 Page3of13 OAT STrEEf UNrrARIAN CHAPEL INDEPENDEKf EXAMINER'S REpoKr FOR THE YEAR ENDED 31 DECEMBER 2025 Inde￿￿￿t Examlners Rewt to thellu5tee5 ofoat street Unltarlan Cha I repDrt to the Charity Tn￿tee5 on my ￿amInatIon of the acc(wJnts of the charSty for thè year entsj 31 Oecember 2025 whlch con5tsts of the siatement of flnanclal xUvltles.bJl4rKe 5heÈt and the rekited notes Re6P0b￿lIlIIftIé# •nd b•¥l¥ •f report As the Char￿'S trustees you a￿ respor6lt4e of the aC(r￿ts in accordants TNIth the requlrements ofthe Charities kt 2011 (Yie I report In rtspect of rny ￿M1ftat￿ of the chariV5 acC￿nts carried out undw setilon 145 of the Art and In carrylrMJ out my examlnation I have folh¥Rd all the applkable Dirtctknrffj gfven ty the Charlty Commb*on under sectlon 14515llbl of the Act The charity's grnss iftcome exceeded £25.lJl)O and l am qualf*d to urthrtake examination ty behn9 a quallfied mernber dAAr I have completsd my examlnation. I confinn that no materbal rnattews have come to my attentlon In connectlon wlth the examlnotlon (other than that dtscktsed beh)¥rt * whlth gl¥e5 MÈ cause to ljellwe th* In. any matérfal respec . the accounting recoryls were not kept in accorthnce Wbth 5eckn 130 of the 0￿rI￿eS ACL. or . the accounts dld accord wlth the accountlrwj records; or the accounts dld not tomply wlth the appllcable requirements toncemlrwJ thè fomi and cortent of accounts Set out In the Chadtle5 (kcounts and Reports) P4ukt*Jns 2008 other t￿n any ￿￿Tern￿nt that the accounts give a 'true and falff View T*thkh ts not • matter col￿dered as part of an Indeperthnt examlnatlon. I have no concerns and have come acmss no other mattw5 in coftnec￿n with the examlnatlon to which attentlon should be drnwn In ihs report In onkrto wable a proper undwstandirwJ of the accounts to be reached. Name: Cwrt•r for and on behalf of laylorhobh Date: 28 Juty 2026 Page4d13 ## **OAT STREET UNITARIAN CHAPEL** ## **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 31 DECEMBER 2025 |**Recommended**
**categories by activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Investments
3
**Total**
**Expenditure on:**
Charitable activities
4
Other
6
**Total**
**Net**
**income/(expenditure)**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
12,364
13,466
**25,830**
19,889
19
**19,908**
**5,922**
**2,705**
**8,627**
154,785
**163,412**|**Restricted**
**funds**
**£**
5,974
-
**5,974**
11,153
26
**11,179**
**(5,205)**
**(2,705)**
**(7,910)**
35,114
**27,204**|**Total Funds**
**2025**
**£**
18,337
13,466
**31,803**
31,042
45
**31,087**
**716**
**-**
**716**
189,899
**190,615**|**Total Funds**
**2024**
**£**
59,699
5,525| |---|---|---|---|---| |||||**65,224**| |||||54,920
56| |||||**54,976**| |||||**10,248**
**-**| |||||**10,248**
179,654| |||||**189,902**| Page 5 of 13 OAT STREET UNITARIAN CHAPEL BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2025 Recommended categorfes by actlv5ty Unre5trirted funds Restrlcted fvnd5 Total Funds 2025 Total Funds 2024 Notes Fixed assets Tangible assets 100,077 102 100.179 100,224 Total flxed assots 100.077 102 100,179 100.224 cUr￿￿t assets Debtofs 292 292 6.031 Cash at bank and in hand 61.164 29,807 90.971 83,645 Total Cyrrtrnt assets 61.456 29.807 91.263 89.676 Creditors.. amounts falling due wilhln one year Net current asset5 io 825 825 60,631 29.807 90,438 89,676 Total n•t •ssets 160.708 29.909 190,617 189.900 Funds ofthe Charlty Unrestricted funds li 163,412 163,412 154.785 Restricted fvnd5 li 27.204 27,204 35.114 Endowment funds li Total funds 163,412 27.204 190.615 189.899 The financial 5tatement5 were approved by the tru5tee5 on 28 lune 2026 and signed on its behalf by.. Jane Couper Trustee Date .' 28 June 2026 Page 6 of 13 ## **OAT STREET UNITARIAN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS** ## FOR THE YEAR ENDED 31 DECEMBER 2025 Charity for Oat Street Unitarian Chapel is a Charitable Un-incorporated Association in Charity Commission for England and Wales. The registered office is Oat Street, Evesham, WR11 4PJ. ## **1. Accounting Policies** The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.1 Basis of preparation** These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. ## **1.2 Going concern** The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. ## **1.3 Income from donations or grants** Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred. ## **1.4 Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. ## **1.5 Tax reclaims on donations and gifts** Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. ## **1.6 Income from charitable activities** Income from charitable activities is recognised over the period to which the income relates. Concert fees are recognised at the date of the event. Membership fees are recognised over the period of the membership. Rent is recognised over the period to which it relates. Any amounts relating to future periods are deferred. ## **1.7 Expenditure** Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. Direct costs are those costs which directly attribute to its activities. All costs, including governance costs and overheads, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis. ## **1.8 Taxation** The organisation is a registered charity and has no liability to income tax or corporation tax on its charitable activities during the year. Page 7 of 13 ## **1.9 Provisions for liabilities** A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. ## **1.10 Fund accounting** Unrestricted funds are those funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. ## **1.11 Tangible fixed assets** Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity. Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: **Name Rate (%) Method** Plant and Machinery 20% Reducing Balance ## **2. Income from Donations and Legacies** |**Analysis**
Donation and gifts
General grants
provided by
Government/other
charities
Gift Aid
Legacies
**Total**|**Unrestricted funds**
**£**
6,592
500
1,272
4,000
**12,364**|**Restricted funds**
**£**
679
5,295
-
-
**5,974**|**Total funds 2025**
**£**
7,270
5,795
1,272
4,000
**18,337**|**Total funds 2024**
**£**
14,501
43,590
1,608
-| |---|---|---|---|---| |||||**59,699**| ## **3. Income from Investments** |**Analysis**
Interest income
Rental and leasing income
**Total**|**Unrestricted funds**
**£**
157
13,309
**13,466**|**Total funds 2025**
**£**
157
13,309
**13,466**|**Total funds 2024**
**£**
-
5,525| |---|---|---|---| ||||**5,525**| Page 8 of 13 ## **4. Expenditure on Charitable Activities** |**Analysis**
**Unrestricted funds**
**£**
Bank charges
39
Charity
management
&
administration
-
Advertising
and
marketing
118
Printing and
stationery
-
Other
premises
costs
10,046
Ministry costs
3,310
Room hire
and resources
1,350
Light and
heat
3,611
Sundries
875
**Total**
**19,349**
Support Costs
540
**19,889**
**5. Support Costs**
**Analysis**
**Support Costs**
**Governance Costs**
Accountants fees
**6. Other Expenditure**
**Analysis**
**Unrestricted funds**
**£**
Depreciation
Charge for
the Year -
Plant &
Machinery
19
**Total**
**19**|**Unrestricted funds**
**£**
39
-
118
-
10,046
3,310
1,350
3,611
875
**19,349**
540||**Restricted funds**
**£**
-
5,544
-
77
-
-
4,204
-
1,328
**11,153**
-||**Total funds 2025**
**£**
39
5,544
118
77
10,046
3,310
5,554
3,611
2,203
**30,502**
540||**Total funds 2024**
**£**
-
6,286
-
1,068
11,998
28,104
3,419
2,916
630
**54,421**
499| |---|---|---|---|---|---|---|---| ||**19,889**||**11,153**||**31,042**||**54,920**| ||||**Restricted funds**
**£**
26
**26**||**Total funds 2025**
**£**
540||**Total funds 2024**
**£**
499| ||||||**540**||**499**| ||||||**Total funds 2025**
**£**
45||**Total funds 2024**
**£**
56| ||||||**45**||**56**| ## **5. Support Costs** ## **6. Other Expenditure** Page 9 of 13 ## **7. Tangible Fixed Assets** |**Freehold Land &**
**Buildings**
**£**
**7.1 Cost or valuation**
At 01 January 2025
100,000
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 31 December 2025
**100,000**
**7.2 Depreciation and impairments**
At 01 January 2025
-
Charge for the year
-
Disposals
-
Revaluations
-
Transfers
-
At 31 December 2025
**-**
**7.3 Net book value**
At 01 January 2025
100,000
At 31 December 2025
**100,000**
**8. Debtors: Amounts falling due within one year**
**Analysis of Debtors**
**Total funds 2025**
**£**
Prepayments & accrued income
292
Other debtors
-
**Total**
**292**
**9. Cash at bank and in hand**
**Analysis**
**Total funds 2025**
**£**
Deposit Account
30,157
Cash at bank and in hand
60,814
**Total**
**90,971**
**10. Creditors: Amounts falling due within one year**
**Analysis of Creditors**
Accruals and deferred income
**Total**|**Freehold Land &**
**Buildings**
**£**
100,000
-
-
-
-|**Freehold Land &**
**Buildings**
**£**
100,000
-
-
-
-|**Plant &**
**Machinery**
**£**
350
-
-
-
-
**350**
126
45
-
-
-
**171**
224
**179**
**Total funds 2024**
**£**
438
5,593| |---|---|---|---| ||**100,000**||| ||-
-
-
-
-||| ||**-**||| ||100,000||| ||**100,000**||| ||||| ||||**6,031**| ||||**Total funds 2024**
**£**
-
83,645| ||||**83,645**| ||||**Total funds 2025**
**£**
825| ||||**825**| Page 10 of 13 ## **11. Charity funds** ## **11.1 Details of material funds held and movements during the CURRENT reporting period** ||**Fund**||||**Fund**| |---|---|---|---|---|---| |**Fund names**|**balances**
**brought**|**Income**|**Expenditure**|**Transfers**|**balances**
**carried**| ||**forward**||||**forward**| ||**£**|**£**|**£**|**£**|**£**| |**Unrestricted funds**|||||| |Unrestricted General
Funds|154,785|25,830|19,907|2,705|163,413| |**Restricted funds**|||||| |Restricted funds|35,114|5,974|11,179|(2,705)|27,204| |**Total**|**189,899**|**31,804**|**31,086**|**-**|**190,617**| |**11.2 Details of material funds held and movements during the PREVIOUS reporting**|||||| |**period**|||||| |**Fund names**|**Fund balances**
**brought forward**||**Income**|**Expenditure**|**Fund balances**
**carried forward**| |||**£**|**£**|**£**|**£**| |**Unrestricted funds**|||||| |Unrestricted General
Funds|161,035||22,892|29,141|154,785| |**Restricted funds**|||||| |Restricted funds|18,619||42,332|25,837|35,114| |**Total**|**179,654**||**65,224**|**54,978**|**189,899**| |**11.3 Transfers between funds**|||||| |**This Year**|||||| ||||||**Amount**| ||||||**£**| |Between unrestricted and restricted funds|||||2,705| |Between endowment and restricted funds|||||-| |Between endowment and unrestricted funds|||||-| |**Last Year**|||||| ||||||**Amount**| ||||||**£**| |Between unrestricted and restricted funds|||||-| |Between endowment and restricted funds|||||-| |Between endowment and unrestricted funds|||||-| Page 11 of 13 **11.4 Designated funds** ## **This year** |**Planned use**|**Purpose of the designation**|**Amount**| |---|---|---| |**Last year**||| |**Planned use**|**Purpose of the designation**|**Amount**| Page 12 of 13 ## **12. Average Number of Employees** |Average number of employees
**Total**
Average number of employees during this year : 0 and last year : 0|**This year**
**£**
0
**0**|**Last year**
**£**
0| |---|---|---| |||**0**| |||| Page 13 of 13