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← Oakhall Church, Caterham

2024-03-31-accounts

1

Oakhall Church, Caterham Charity Regd. 1156069

OAKHALL CHURCH, CATERHAM

Charitable Incorporated Organisation Known as Oakhall Church

Registered with the Charity Commissioners

No. 1156069

ANNUAL REPORT AND ACCOUNTS

YEAR ENDING 31 MARCH 2024

2

Oakhall Church, Caterham Charity Regd. 1156069

OAKHALL CHURCH

CATERHAM

INDEX

Index 2
General information 3-4
Report of the Trustees 5-12
Auditor’s report 13-15
Statement of financial activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the accounts 19-28

3

Oakhall Church, Caterham Charity Regd. 1156069

Administrative Details of the Charity, its Trustees and Advisers

Name of Charitable Incorporated Organisation

Oakhall Church, Caterham

Registered with the Charity Commissioners No. 1156069

Principal Address

Oakhall Church, 181 Chaldon Road, Caterham, Surrey, CR3 5PL

Trustees

P.D. Bowker I. W. Mayo

J.M. Hardy P. C. F. Thompson

The Elders (below) assist the Trustees in the day-to-day management of the Charity:

I. W. Mayo J. K. Mills (retired Jan. 2024)

G. Norman P. Vellacott

Secretary to the Trustees:

Auditor

4

Oakhall Church, Caterham

Charity Regd. 1156069

JCS Accountants, 5 Robin Hood Lane, Sutton, SM1 2SW.

Solicitors

Mayo Wynne Baxter, 3 Bell Lane, Lewes, East Sussex, BN7 1JU

(Merged with Lawson Lewis Blakers, 11 Hyde Gardens, Eastbourne, East Sussex BN21 4PP on 1[st] April 2023)

Bankers

HSBC PLC, 54 Woodcote Road, Wallington, Surrey, SM6 0NJ

Metro Bank PLC, One Southampton Row, London, WC1B 5HA

5

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees

The Trustees present their report and financial statements for the year ended 31 March 2024. They confirm that they have complied with their duty given in section 17(5) of the 2011 Charities Act to have due regard to the guidance on public benefit published by the Charity Commission.

Objectives and Activities

Oakhall Church is a thriving church based in Caterham, Surrey. Our ethos is that of a gospel-minded church that is Bible-centred with a family-hearted nature.

Achievements and Performance

Our motto for the year 2024 is this verse from the Bible: “I wait for the Lord, my whole being waits and in his word, I put my hope. I wait for the Lord more than watchmen wait for the morning, more than watchmen wait for the morning” Psalm 130:5-6.

Our vision as a church is to reach out, build up, and send out. We do this by providing many opportunities for people to meet for Christian worship, Bible teaching, prayer and fellowship. In reaching out to people of all ages, we want to share the good news of Jesus, seeking to bring them into a personal and saving relationship with Him.

We are blessed by being able to provide a growing number of activities which serve all age groups of the Church, from pre-school children to those who are seniors: holiday clubs and camps for children and young people, a Light Party, a Christmas nativity trail, numerous social events for the 20s, Men’s Bacon, Butties and Bible mornings, Women’s Pancake and Prayer breakfasts to highlight just a few examples. These events and activities are all underpinned by the vital preaching and Bible teaching programme provided in our Sunday services and the opportunities to come together in prayer and fellowship in our small groups. We pray that each event and activity will be in service of our vision as a Church.

Serving the community

Our Church building remains a base for Caterham-on-the-Hill Food Bank. During a year in which we were able to mark its 10[th] anniversary, it fulfils a valuable function for those facing continuing cost-of-living pressures. Oakhall Church is glad to be able to host other community support opportunities, including those helping young mothers and those with eating disorders. “Cafe Milk” continues to experience high demand on Thursday mornings. This is led by NHS staff, local breastfeeding advisors and members of Oakhall Church. Many of the mums enjoy Cafe 181 afterwards, where they appreciate the supportive environment .

6

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees (continued)

Café 181

Since its opening in January 2022, Café 181 has proved to be a haven for our community where individuals are valued, and great tea and coffee are served. Many opportunities have developed to express Christian love and introduce people to the life of our church. During April 2023, and in response to its growth, arrangements were made for the registration of Cafe 181 as a separate limited company, 100% owned by Oakhall Church.

Reaching out with the Good News of Jesus

We place a high emphasis on evangelism in the life of our Church. Through the regular provision of courses such as “Christianity Explored” and “Something Better”, we provide opportunities for people to learn more about the Christian faith or be helped in their spiritual growth. Several such courses were run as well as Sunday morning café-style events.

Whilst the economic outlook has remained a challenge, we are thankful that giving to Oakhall Church has continued not only to meet our needs but also provide financial support for Christian missionary outreach across the world. This includes relief and support aid in countries such as Thailand and to graduates of a Bible school in Serbia who serve in Christian Mission in the Balkans. The Harvest Sunday financial offering was given to London City Mission and food was donated to Caterham Food Bank. Our Christmas Day 2023 offering was again sent to help the relief work of Operation Mobilisation in Syria. Further details are available in the Financial Review below.

Supporting other churches

Our partnership with Sanderstead Evangelical Church (SEC) continues to be blessed under the leadership of one of our elders, Andy Mayo, and his wife Faye, who have spearheaded the work there since December 2021. It has been encouraging to see growth in that church, which is reaching out into the local community through initiatives such as “Meeting Jesus”. We continue to pray that SEC will be a thriving independent local church led ultimately by those from Sanderstead.

Several of our church partners have served other local churches in preaching and Bible teaching.

Reflecting on the past year

Although the COVID-19 pandemic is behind us, we know that many in our church and the community which we serve are still suffering from anxiety, mental and physical ill-heath and loss. We have sought to bring the comfort of God’s love and heart of compassion to everyone, reaching out with the Good News of Jesus. We are very conscious that most

7

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees (continued)

people in our communities do not yet know Him; our motivation is to serve Him by sharing the gospel with them.

This year has been one in which many new initiatives have started. These have included additional events for those in the 20s/30s age range, marriage preparation /enrichment courses, and local walks for all age groups. We have participated in Caterham Carnival and Chaldon Fair.

The Elders and Trustees give thanks for God’s presence in the face of the challenges and opportunities faced. They are grateful to the office team and our many volunteers who have worked unstintingly over another year. In looking back, we realise our dependence on God and acknowledge His faithfulness to us.

Plans for future periods

It is our desire to continue with our purpose as a church: to reach out to our community with the Good News of Jesus, to build up the fellowship of believers in Him through partnership with us, and to send out disciples who will serve Jesus in the world. We continue to be blessed by many newcomers who now attend Oakhall Church regularly. Our challenge is to welcome them and help them to assimilate, partnering with us in service. Key to our ability to do this is our structure of small groups where we are opening new opportunities to meet for Bible study, prayer, fellowship and pastoral support.

Financial Review (£)

Income Net Income Year end Free
/(Expenditure) Reserves Reserves
General Funds 261,186 41,782 722,468 152,260
Restricted Funds
Mission
Outreach/Other 44,619 (57,568) 24,172
Restricted Serbia
Outreach 82,777 (749) 11,681
Restricted New
Building Fund 2,656 (11,008) 7,316,579
Designated
reserves 38,930 399 298,338
Total 430,168 (27,145) 8,373,238

8

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees (continued)

Income for General funds at £261,186 was £54,860 or 17% lower than last year, primarily due to a reduction of £66,200 in Cafe 181 income following its separation into a wholly owned subsidiary company in May 2023. Donation income, including giftaid, was £8,466 or 4.6% higher than last year.

Income for restricted funds of £130,053 was 58% down on last year as major donors cut back on their giving to worldwide missions.

Reported total Net Income was a loss of £27,145 primarily due to the loss on restricted funds of £69,326 offset by a surplus of £41,782 from General funds. The restricted funds loss was largely due to timing differences in grants made versus last year with many of the grants made in 2023-24 relating to some of the restricted income of £307,769 received in 2022-23. A positive Net Income is predicted for 2024-25.

The Free Reserves of £152,260 have been maintained at 8.3 months cover of general expenses (similar to last year’s 7 months cover), which is within our target of 3-12 months cover. This is after having transferred £30,000 to the major maintenance designated reserve fund.

The largest grants made were for Serbia outreach £83,527 (last year £124,653). Many of these gifts came from outside the Church, designated for this specific use. Gifts were also made to a further 27 Christian organisations and full-time workers.

Principal funding sources

The principal funding sources are voluntary gifts made to the Church including legacies. These are supplemented by the rental of the old Francis Road church building which has been leased out to a group for ten years, using it to train children with special needs.

Fundraising

The Church does not employ outside or commercial fund-raisers, and does not make appeals for funds beyond its members. The Church has not subscribed to any fund-raising regulator and has received no complaints about its fundraising activities. Other than publicly inviting an offering at every service when the building is open, we do not engage in persistent fundraising or intrusive fundraising practices with any of our donors, including vulnerable people, and we never have coercive discussions with individuals about their giving.

9

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees (continued)

Reserves policy

The normal policy of the Trustees is to use incoming resources promptly to meet the administrative costs of the Charity, to distribute to the poor and needy, and to proclaim the Christian gospel. The reserves policy applies to unrestricted funds excluding reserves related to the purchase of fixed assets or other long- term commitments.

For restricted or designated funds, reserves may need to be accumulated to finance large one-off capital projects related to the Church building or other Church facilities. In this case, the reserves will relate directly to the planned project or programme. The general policy is to ensure funds are available prior to committing to normal ongoing expenses, but not to build up large reserves for them. A range of 3 - 12 months cover of unrestricted expenditure is considered a target free reserve level. Excluding fixed assets and unrestricted receivables/prepayments, the free reserves on 31 March 2024 were 8.3 month’s cover of unrestricted general expenditure which is considered reasonable.

Loans (for less than 10 years) may be utilized to finance capital projects, providing their repayment over the period of the loan may reasonably be expected. The policy on deposits of surplus funds is to ensure they are safe, comply with charity regulations and our own ethical standards, while providing a competitive interest rate and the availability to meet our needs.

Grant-making policy

Grants are made to various Christian organisations and individuals who are known by the Church to further the objectives of the Charity. The largest grants are made for outreach in Serbia, including the support of a Bible school in that country which is regularly visited to both encourage them and ensure the grants are used appropriately.

Other

There are no pension liabilities arising from obligations to a defined benefit pension scheme.

The Trustees believe there is no uncertainty about the ability of the Charity to continue as a going concern.

10

Oakhall Church, Caterham Charity Regd. 1156069

Report of the Trustees (continued)

Structure, governance and management

Governing document and constitution

Oakhall Church, Caterham was registered with the Charity Commission as a Charitable Incorporated Organisation (CIO) with number 1156069 on 7 March 2014 with its own constitution and received all the property of the Charity of Robert Best in connection with Oakhall Mission (Reg. 252123) on 1 April 2014. These two charities were then merged on 2 May 2014 to form the current Oakhall Church, Caterham CIO.

In May 2023, a wholly owned subsidiary limited company was started called O.H.C. Caterham Ltd, trading as Cafe 181. This was formed to enable better internal control of the cafe activities to be performed and help the Directors to manage its operation more effectively. Financially it is planned to breakeven on an ongoing basis, which was achieved in its first year as a separate entity, making a small profit. The financial results of O.H.C. Caterham Ltd have not been consolidated into Oakhall Church but are reported separately on a monthly basis to distinguish the financial operation of the cafe from that of the church activities. The financial results for the cafe in April 2023 have been identified and reported in the Oakhall Church accounts.

Objects of the charity

The Charity operates as Oakhall Church whose main purpose is the advancement of the Christian faith, in accordance with the Statement of Faith, in such parts of the United Kingdom and the world as the charity trustees may from time to time decide.

Governing Bodies

The Charity and its endowment are administered and managed by Trustees.

11

Oakhall Church, Caterham Charity Regd. 1156069

Report of the Trustees (continued)

Recruitment and Training of Trustees

New Trustees are recommended by existing Trustees and ratified by the congregation. The Trustees are all competent persons, with long experience in the day-to-day management of the Charity and how it is intended to function. The Charity Commission web site and its guidance to trustees in operating a charity is utilised to keep current and new trustees up to date. The Treasurer also attends the Stewardship quarterly webinars on financial matters.

Organisational structure

Decisions involving spiritual leadership of the Charity and its day-to-day management are delegated to the Elders of the church. Remuneration levels of paid team members are set by the Trustees with reference to comparable roles elsewhere.

Principal Risks and Uncertainties

The Trustees engage regularly in a process to identify the major risks facing the Charity. The highest risks concern the need to comply with an increasingly complex legal environment, health and welfare conditions and to anticipate and respond to the opportunities and challenges of a growing church. Steps are being taken to either manage these risks or mitigate their likely impact.

Statement of Trustees Responsibilities

Charity law requires the Trustees to maintain proper accounting records and to prepare accounts in compliance with the current Statement of Recommended Practice (“SORP FRS 102”) for charities for each financial year.

In preparing those accounts the Trustees are required to:

  1. Select suitable accounting policies and then apply them consistently

  2. Make judgements and estimates that are reasonable and prudent

  3. State whether the policies adopted are in accordance with applicable accounting standards, subject to any material departures disclosed and explained in the accounts, and ·4. Prepare the accounts on a going concern basis unless it is inappropriate to assume that the Charity will continue in operation.

12

Oakhall Church, Caterham

Charity Regd. 1156069

Report of the Trustees (continued)

The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

The Trustees confirm that the accounts are prepared in accordance with applicable accounting standards and follow the methods and principles in the Statement of Recommended Practice: Accounting by Charities FRS 102 and are in accordance with the Charities Act 2011. The income and assets of the trust are such that it requires a full audit.

Approved by the Trustees and signed on their behalf by:

----- Start of picture text -----
Paull Brocdhel
Paul D. Bowker
----- End of picture text -----

iD November 2044

13

Independent auditor’s report to the trustees of Oakhall Church, Caterham

Opinion

We have audited the financial statements of Oakhall Church, Caterham (the “Charity”) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, including the trustees’ report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

14

Independent auditor’s report to the trustees of Oakhall Church, Caterham (continued)

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the charity, we identified that the principal risks of non-compliance with laws and regulations related to employment and financial reporting legislation and we considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011.

We assessed the susceptibility of the charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management, considering the internal controls in place and discussion amongst the engagement team.

We determined that the principal risks were related to revenue recognition, property classification and valuations, management bias in accounting estimates, presentation of separately disclosed items and management override of controls.

In response to the risks identified we designed procedures which included, but were not limited to: substantive testing of income, reviewing use and valuations of properties, challenging significant accounting estimates, agreeing financial statement disclosures to underlying supporting documentation, evaluating the internal controls, reviewing trustees minutes, and identifying and testing journal entries.

There are inherent limitations in the audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

15 Independent auditor's report to tho trustees of Oakhall Chur¢h, Caterham (continued) A further description of our responsibilities for the audit of the financial statements is located on the Finan¢ial Reporting Council's website al.. www.frc.org.ukjauditorsresponsibilities. This description forms part of our auditorfs report. Uso of our report This report is made solely to the Charity's trustees, as a body, in accordancè with Part 4 of the Charities {Accounls and Reports) Regulations 2008. Our audrt work has been undertaken so that we might stale to the Charity's trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility lo anyone olher than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Jacob Cavenagh & Skoot Statutory Audltor Chartored A¢countant8 5 Robin Hood Lane Sutton Surrey SM12SW Dated.. iiINov8mb&r 2024 Jacob Cavonagh & Skggt IS 81igible for appointment as auditor of the charity by virtue of its 81igibility for app￿nIrnenÈ as auditor of a company und8r section 1212 of th8 Companies Act 2006.

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OAKHALL CHURCH, CATERHAM (Charity registered no. 1156069 ) Statement of Cash Flows 2024 Total
2023 Total		 £
£		 (54,027.56)
3,496		 54,044.74
42,350		 (6,976.71)
(47,850)		 (10,000.00)
0		 37,068.03
(5,500)		 55,253.68
(485,124)		 0.00
0		 1,300.63
1,879		 1,300.63
1,879		 39,594.78
(485,249)		 93,284.57
578,533		 132,879.35
93,284		 0.00 2024 Total All
2023 Total All		 Funds
Funds		 £
£		 (27,144.51)
53,866		 18,137.52
18,379		 0.00
0		 (54,044.74)
(42,350)		 1,450.43
(319)		 16,609.35
(39,976)		 (9,035.61)
13,895		 (54,027.56)
3,496
For the Year Ended 31st March 2024 Cash flows from Operating Activities Cash flows from Investing Activities Rent and interest from Investment assets Purchase of Property, Plant and Equipment less money invested Net Cash Flows from Investing Activities Proceeds from/(purchase) of current investments Cash Flows from Financing Activities Repayments of borrowings Lease long term transactions Net cash provided by financing Activity Change in cash and cash equivalents in reporting period Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Reconcilation check Net Income/(Expenditure) Adjustments for : Depreciation Charges (Gains)/Losses on Investments Rent and interest from Investment assets (Increase)/decrease in inventory (Increase)/decrease in debtors/prepayments Increase/(decrease) in creditors/def Revenue Net cash provided by (used in) operating activities
A)Restricted Funds The restricted funds include these 3 major categories: 1. Mission Outreach and Other: When gifts are received for named individuals, organisations or restricted church activity they are attributed to this fund. 2. Building Fund: This fund was to finance the construction and furnishing of the new church. 3. Serbian Outreach :This fund is primarily to support a Bible School and its graduates and supply humanitarian aid to those in need in Serbia and surrounding countries. 2024
2023		 Income
Spending/
Transfers
Ending Balance
Ending Balance
1. Mission Outreach and Other		 Mission Outreach
35,599.21
83,225.97
12,915.30
60,542
Special Outreach Project
0.00
12,292.64
0.00
12,293
Discretionary Fund
2,145.00
112.51
9,066.67
7,034
Training fund -restricted
6,875.00
6,556.47
2,190.42
1,872		 Total
44,619.21
102,187.59
24,172.39
81,741		 2. Building Fund
2,656.24
13,664.05
7,316,578.79
7,327,587
3. Serbian Outreach
82,777.30
83,526.78
11,680.75
12,430		 Total Restricted Funds
130,052.75
199,378.42
7,352,431.93
7,421,758		 B) Designated Funds
The designated funds include the following items:
2024
2023		 Income
Spending/
Transfers
Ending Balance
Ending Balance
Training fund-designated
-
0
4,852.00
4,852
Major Maintenance/Capital fund
-
(30,000.00)
160,000.00
130,000
Building fund Phase 2- designated
-
133,086.90
133,087
Other projects
38,929.80
38,530.73
399.07
0		 Total
38,929.80
8,530.73
298,337.97
267,939
Income An amount of £16,071.60 for recoverable Income tax not received by the year end, but relating to gift aid donations made during the year is included in income. This is detailed by fund in Note 13 for Current debtors. Gifts are received from people outside Oakhall Church and passed on to church supported beneficiaries without any deduction for administration costs. The amounts are included in the Mission Outreach fund. 2024
2023		 Legacies received
0
13,087		 Aggregate income received from Trustees and connected persons
85,698
186,836		 Rental Income/Operating Lease Commitments The Francis Road facilities have been leased out for 10 years but with a break clause after 5 years The initial five year period is at a £30,000 per year rent, with an agreed 3 month free rental while the refurbishment of the facilities was completed. The cost of the 3 months free rental of £7,500, and the legal costs of setting up the lease agreement of £ 1,718.40 are being amortised over the minimum lease period of 60 months, so the net rental per month is £ 2,346.36 starting from the beginning of the lease on 18 November 2019. The unamortised part of the lease of £1,165.55 is reported as Current debtors
£1,165.55		 A deposit of £7,500 was made on 18 November 2019 by the lessee and is held in an interest bearing segregated account with HSBC, valued at £7,667 15 spaces in the carpark at 181 Chaldon Road were also rented out for £5,730 in 2023-24 (prior year £5,350) Grants Analysis
2024
2023		 Activity
Grant to
Grant to
Total Grants
Total Grants		 Institutions
Individuals		 Restricted giving Serbia Outreach
Bible school and individual missionaries support
10,000.00 73,526.78
83,526.78
148,235		 Chrestos
Thailand Bible school, Orphanage activity
33,382.00
33,382.00
37,315		 Sanderstead Evangelical Church
Sanderstead Evangelical Church support
12,292.64
12,292.64
0		 Immanuel Church Bethlehem
Christian training and outreach in Bethlehem
10,175.21
10,175.21
4,605		 Training fund - restricted
Christian training
0.00
6,556.47
6,556.47
3,377		 Christian Institute
Promotion of the Christian religion in the UK
6,083.00
6,083.00
6,881		 CVM -Christian Vision for Men
Christian Mission to Men
5,000.00
5,000.00
5,000		 OM -Middle East
Operation Mobilisation humanitarian aid -Middle East
4,809.50
4,809.50
505		 Reach Across -Simon and Gemma Locke
Christian mission in Mali
2,460.00
2,460.00
6,395		 Ukraine Support
Ukraine refugee support
2,410.90
2,410.90
6,798		 London City Mission
Sharing with the people of London the love of Jesus Christ
2,235.54
2,235.54
5,407		 Subtotal
88,848.79 80,083.25
168,932.04
224,516		 17 other gifts amounting to:
7,486.87 6,094.90
13,581.77
74,107		 Total
96,335.66 86,178.15
182,513.81
298,623
Ministry Support and Cafe 181 salaries
2024
2023		 The Trust had 3 full time paid employees including the paid elder , youth worker
136,095.37
122,850		 and ministry assistant (3 in prior year) and 3 part-time workers (1 Full time equivalent) versus 1 in prior year (0.6 FTE). The cafe had 4 part-time workers (2 FTE) for April 2023 after which they were employed by the separate cafe company. None of the employees have emoluments greater than £60,000. Gross Salaries - General Church
87,298.64
80,725		 Employer's National Insurance contributions (net after grant and SMP reimbursement)
(444.31)
(4,521)		 Employer's Defined contribution Pension payments
4,568.07
4,036		 Accommodation costs for staff
23,493.78
23,131		 Total staff costs (Excl Cafe 181)
114,916.18
103,371		 Speakers expenses
1,080.00
1,595		 Charitable activity administration costs
20,099.19
17,883		 The administration costs are related to the charitable activities and include 3 days per week of contracted administration services. Total key management personnel remuneration totalled £54,671 (2023: 51,822) In addition there are a large number of unpaid volunteers who help. The cafe 181 salaries for April 2023 are shown under cafe 181 expenses, after which they are paid by the separate O.H.C. Caterham Ltd company started in May 2023.
2024
2023		 Cafe 181- Gross salaries
4,784.21
38,474		 Cafe 181- Employers Nat Insurance (net of grant)
0.00
826		 Cafe 181- Employer's defined contribution pension payments
167.26
1,395		 Church Running Costs
2024
2023		 1
Insurance
5,378.71
5,063		 2
Gas, Electricity and water
17,724.28
14,278		 3
Cleaning
11,928.85
9,561		 4
Maintenance
12,377.99
7,881		 5
Printing and Publicity
3,054.87
1,346		 6
Various Sections
4,425.65
3,228		 7
Outreach, outreach materials, books
2,339.82
2,291		 8
Travel costs
-
353		 9
Sound system, Music and CDs
1,288.35
898		 10
Audio visual depreciation
558.65
2,351		 11
Pastoral Expenses
1,377.71
751		 12
Church refreshments
2,383.42
2,726		 13
Miscellaneous
359.00
431		 Total Unrestricted Running costs
63,197.30
51,158		 Designated funds Running costs
38,530.73
0		 Restricted Running Costs
5,086.47
0		 Total running Costs
106,814.50
51,158		 - 24 -
2023 £6,247 2023 15,480
2,351
548		 18,379 460,000
0		 460,000
485,124		 2023 Total 7,327,490
47,850
0		 7,375,340
53,462
18,379		 71,841 7,303,499
Governance Costs
2024		 Governance Costs
£7,795.11		 Includes costs of audit, £7,200 (prior year £4,750), legal, bank charges and disclosure and barring service checks.
The Trustees do not receive any remuneration for their work as trustees, and have had no expenses paid to them.
Depreciation
2024
General depreciation (unrestricted and restricted)
15,647.30
Audio depreciation
2,444.56
Cafe 181 Depreciation
45.66		 Total
18,137.52		 Valuation of Investments
Fixed Asset Investments: The Francis Road property was purchased in 1894 and as a building
used by the church to fulfil its objectives was held at cost ( equivalent to nil) as per accounting
requirements. Upon signing of a lease in November 2019 it was reclassified as an investment
property and revalued to fair market value. The professional valuation of the property made by
Rayners Commercial was £460,000 in February 2022. No significant change is assessed since
460,000.00
The cash capital investment to set up O.H.C. Caterham Ltd in April 2023 for the cafe activities.
10,000.00		 470,000.00
Current Asset Investments :These are a variety of short term cash investments held for 3-12
months under the Flagstone investment platform valued at the initial transaction value, with actual
and accrued interest reported as income.
429,870.00
Transfers
2024Transfers		 Unrestricted Funds
Designated Funds
Designated Major maintenance Reserve fund
(30,000.00)
30,000.00
2023 Transfers		 Unrestricted Funds
Designated
Restricted
New Building Furnishings Depreciation
13,952
(13,952)
Designated Major maintenance fund
(30,000)
30,000
New Building fund Phase 2
(13,087)
13,087		 Total
(29,135)
43,087
(13,952)		 Fixed Assets
2024		 New Building
Other
Total
Gross Cost as at 1st April
7,152,783.96
222,556.47
7,375,340.43
Additions
4,617.55
2,359.16
6,976.71
Removals
6,480.58
6,480.58		 Total Gross Cost as at 31st March
7,157,401.51
218,435.05
7,375,836.56
Depreciation as at 1st April
0.00
71,840.97
71,840.97
Depreciation
18,137.52 18,137.52
Depreciation retirements
6,480.58
6,480.58		 Depreciation as at 31st March
0.00
83,497.91
83,497.91		 Net Fixed Assets at 31st March
7,157,401.51
134,937.14
7,292,338.65		 - 25 -
8 9 10 11 12
Current Debtors and Prepayments
2024
2023
Current Debtors
Income Tax
Refund
Other
Total
Total		 Current Debtors and Prepayments
2024
2023
Current Debtors
Income Tax
Refund
Other
Total
Total		 Unrestricted Funds
12,046.72 43,515.74 55,562.46
49,983
Mission Outreach/Full Time Workers
1,491.14 - 1,491.14
28,884
Building Fund
38.75
0.00
38.75
0
Serbian Outreach
2,495.00 - 2,495.00
1,738		 16,071.60 43,515.74 59,587.34
80,605		 Prepayments
11,412.12
7,004
Cash at Bank and in hand.
2024
2023		 Petty Cash
408.00
790
HSBC General Current account
30,014.76
66,607
HSBC Serbia Current account
8,701.28
9,136
HSBC Lease Deposit account
7,667.32
7,537
Metro Cafe 181 account
0.00
9,214
HSBC Deposit Instant
85,000.00
0
Flagstone Holding account
1,087.99
0		 132,879.35
93,284		 Current Creditors and Deferred Revenue
2024
2023		 Restricted
Unrestricted
Total
Total		 Audit fees
7,200.00
7,200.00
4,750
Taxation and Social Security Costs
939.99
939.99
2,025
Other creditors
3,591.60
3,591.60
8,888		 Creditors
0
11,731.59
11,731.59
15,663		 Deferred Revenue
3,437.66
3,437.66
8,542
Change in deferred Revenue vs 2023
(5,104.28)
The deferred revenue in 2024 relates to deposits made by people coming to the church weekend away in 2025, while the 2023 deferred income
was released to the church weekend away held in October 2023.
Long Term Liabilities
2024
2023
Deposit on 10 year lease for Francis Road Building
7,679.95
7,545
Analysis of net assets between funds
2024		 Deferred Revenue
3,437.66
3,437.66
8,542
Change in deferred Revenue vs 2023
(5,104.28)
The deferred revenue in 2024 relates to deposits made by people coming to the church weekend away in 2025, while the 2023 deferred income
was released to the church weekend away held in October 2023.
Long Term Liabilities
2024
2023
Deposit on 10 year lease for Francis Road Building
7,679.95
7,545
Analysis of net assets between funds
2024		 Fund balances at 31 March 2024
Unrestricted
funds
Restricted
funds
Total		 Tangible fixed assets
33,234.12 7,259,104.53 7,292,338.65
Investment Fixed Assets
470,000.00
470,000.00
Long term debtors
-
-
Current assets
540,421.41 93,327.40 633,748.81
Creditors and deferred Revenue
(15,169.25)
(15,169.25)
Long term liabilities
(7,679.95)
(7,679.95)		 Total
1,020,806.33 7,352,431.93 8,373,238.26		 - 26 -
13 14 15 16 17
Oakhall Church, Caterham (Charity Regd 1156069) 17
Analysis of net assets between funds (Continued)
2023		 Fund balances at 31 March 2023
Unrestricted
funds
Restricted
funds
Total		 Tangible fixed assets
35,348.43 7,268,151.03 7,303,499.46		 Investment Fixed Assets
460,000.00
460,000		 Long term debtors
1,165.55
1,166		 Current assets
513,860.92 153,606.57 667,467		 Creditors and deferred Revenue
(24,204.86)
(24,204.86)		 Long term liabilities
(7,544.87)
(7,544.87)		 Total
710,686.27 7,421,757.60
8,400,383		 18 Cafe 181
2024
2023		 Income
7,849.52
74,050		 Expenditure
8,446.86
75,593		 Surplus/(Deficit)
(597.34)
(1,542)		 Inventory for Cafe 181
0.00
1,450		 The Cafe 181 started up in January 2022 with 3 part-time employees and a number of volunteers. A wholly owned limited company, OHC Caterham Ltd was set up in May 2023 to better manage the operations of the cafe. The investment in this subsidiary company, OHC Caterham Ltd, company number 14813703 was £10,000 and has a registered office of 181 Chaldon Road, Caterham, England, CR3 5PL. Oakhall Church owns 100% of the ordinary share capital of this company. At 30 April 2024 the company had net assets of £ 13,563. In the year to 30 April 2024 the company had turnover of £114,241 and expenses of £110,678. Overall, the company made a profit after tax of £3,563. The activity of the company is the running of the cafe. 19 Church Buildings Handover of the new church building at 181 Chaldon Road, was completed in November 2018, after which there was a period to address any snagging issues completed in March 2022. The land and buildings have been capitalised at cost. The furnishings have been capitalised at cost and are depreciated over their expected life on a straight line basis. The Francis Road property, previously used for church activities, was leased out to a third party in November 2019 and so is classified as an investment property. This was revalued in February 2022.