Oakhall Church, Caterham
Reg No: 1156069
1
ANNUAL REPORT AND ACCOUNTS YEAR ENDING 31 MARCH 2025
Charitable Incorporated Organisation
Registered with the Charity Commissioners - No. 1156069
Oakhall Church, Caterham
Reg No: 1156069
2
INDEX
| Index | 2 |
|---|---|
| Report of the Trustees | 3-11 |
| Independent auditor’s report | 12-16 |
| Statement of financial activities | 17 |
| Balance Sheet | 18 |
| Statement of Cash Flows | 19 |
| Notes to the accounts | 20-31 |
Oakhall Church, Caterham
Reg No: 1156069
3
Report of the Trustees
Objectives and Activities
Purposes 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.
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 verse of the year was 1 Corinthians 15:58:
“Therefore, my dear brothers and sisters, stand firm. Let nothing move you. Always give yourselves fully to the work of the Lord because you know that your labour in the Lord is not in vain”
As we look back on the year, we thank God for his faithfulness to us as a church of God’s people and give Him the praise for all that has been accomplished. We are grateful for all who share in leadership of the church and the many volunteers who give freely of their time.
We have seen growth in the numbers of those attending our services and activities. We have used many opportunities to grow spiritually and to reach out to others. We are:
Everything we do as a We believe the Bible to As part of God’s family, church is intended to be God’s Word spoken we come together to point people to the to a broken world. We encourage one another Good News (“Gospel”) take it seriously and all and share his love as of the Lord Jesus, the we do is intended to widely as possible. We best news anyone could make it known to as express this through our hear. We are committed many as possible: our loving concern for those to being shaped by the congregation, our in our Christian family, Gospel and sharing it community and the our local community with others. wider world. It is the and our world. foundation of all we do and believe as a church.
Oakhall Church, Caterham
Reg No: 1156069
4
Report of the Trustees (continued)
Key Achievements in 2025:
The highlights of our weekly activities are our Sunday morning and evening services when our congregation comes together with opportunities for public worship, fellowship and listening to the Bible being explained. These services are live streamed and recorded for those unable to attend in person. A range of activities are also provided for children and young people of all ages, both on Sundays and during the week.
As our church wants to share Jesus with others, our Bible preaching and teaching is complemented with a variety of opportunities for evangelism. During the year we arranged “Discipleship Explored” and “Something Better” courses for those wanting to explore the Christian faith.
Three Cafe-style services provided an informal opportunity to hear visiting speakers from a wide variety of backgrounds talk about their faith.
Other regular activities for adults included a monthly “Bacon, Butties and Bible” morning for men and “Prayer and Pancakes” for women. A men’s trip to Normandy was organised to visit the sites of the war graves and to remember VE Day. Craft and cooking events were provided for women prior to Christmas.
The CAMEO group continues to be a place of friendship and is very popular with the seniors age group.
The Church is blessed with the use of a fine building which is in use seven days a week for a growing number of activities that are open for community support activities. The Caterham Food Bank meets regularly as does Baby Milk, an event for young mothers. Courses have been run for those with eating disorders and for marriage preparation and enrichment. Following its success the previous year, another Art Show was arranged, this time with the theme “New Life". A new venture which has grown in popularity has been the hosting a model railway group. We were delighted to welcome many newcomers to these events.
Our most public-facing opportunity is Cafe 181 which has now been open for over three years. As well as serving fine coffee, it has become a popular meeting point for many in the local community who know they will be treated as individuals and receive a warm welcome. Around 40-60 people each day come through Cafe 181.For many, this has been an introduction to other activities and events run by Oakhall Church.
Oakhall Church, Caterham
Reg No: 1156069
5
Report of the Trustees (continued)
A summer highlight of our children’s work was again the holiday Bible club. This attracted well over 100 children and is well-known and much appreciated within the community. Volunteers worked hard to make this a time of great fun and children were introduced to the Christian message in an engaging way. We also provided a Light Party as an alternative to Halloween. Oakhall Church was represented both at Caterham Carnival and at the Chaldon Village fete.
The Church continued to provide prayer and financial support for a variety of Christian missions both overseas and in the UK. This year a group of 16 visited Thailand to see at first hand the way Chrestos Mission is reaching out with the life-changing message of Jesus. The ages of those visiting ranged from young children to seniors; all said that this short-term mission had been a life-changing experience for them.
During the year, a ministry trainee was appointed to replace his predecessor who moved to a post in another church. Changes took place in the leadership of our youth groups. A course was provided to teach the fundamentals of theology. Several trainees from our preaching group had the opportunity to share in preaching at our Sunday evening services. Our small groups have grown in number to accommodate new members. Six young people publicly expressed their Christian faith through baptism.
Our partnership with Sanderstead Evangelical Church (SEC) is blessed under the leadership of one of our elders, Andy Mayo, and his wife Faye, who continue to spearhead the work there. 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.
As we look back on the year, we thank God for his gift of sending Jesus. We are thankful for his blessing on us a church of God’s people and give Him the praise for all that has been accomplished. We are grateful for all who share in leadership of the church and the many volunteers who give freely of their time.
Plans for future periods:
We are increasingly conscious of our responsibilities to pointing a needy world to the hope we have in Jesus. We sense that many are seeking a purpose in life, and we believe that the Gospel provides this. All our activities of meeting together for public worship, Bible teaching, fellowship, evangelism and community support and involvement will reinforce our ethos of being a gospel-minded church that is Biblecentred with a family-hearted nature. We will continue our support of foreign missions and continue to explore church planting opportunities.
Oakhall Church, Caterham
Reg No: 1156069
6
Report of the Trustees (continued)
Financial Review
| Financial Review | ||
|---|---|---|
| 2025 | 2024 | |
| Overview | ||
| Total income | £566,863 | £430,168 |
| Total expenditure | £513,652 | £457,313 |
| Total reserves atyear end | £8,446,449 | £8,373,238 |
| Of which, Unrestricted reserves | £221,212 | £722,468 |
| Of which, Free reserves | £177,847 | £152,259 |
| Income sources | ||
| Donations& legacies | £451,649 | £321,980 |
| Investment income | £71,228 | £60,104 |
| Charitable activities | £43,985 | £48,084 |
| Expenditure Areas | ||
| Charitable activities | £503,014 | £449,518 |
| Governance costs | £10,638 | £7,795 |
| Net surplus/(deficit) before revaluations | £53,210 | -£27,145 |
Reserves Policy:
The reserves policy applies to unrestricted funds excluding reserves related to the purchase of fixed assets or other long-term commitments. The Trustees 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.
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.
For our General Fund, 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 2025 were £177,847 or 6.9 months’ cover of unrestricted general expenditure (2024: £152,259 or 8.3 months), which is considered reasonable.
Oakhall Church, Caterham
Reg No: 1156069
7
Report of the Trustees (continued)
Public benefit statement:
The trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit, including its specific guidance on charities for the advancement of religion, when planning the activities of Oakhall Church.
Oakhall Church’s primary purpose is the advancement of the Christian faith in Caterham and elsewhere, in accordance with its Statement of Faith. This is carried out through weekly public worship services, Bible teaching, evangelistic events, children’s and youth work, small groups, and pastoral care that are open and accessible to the wider community.
The church also provides wider public benefit through support of global and local Christian mission, including financial and practical assistance to partner ministries overseas and to local initiatives such as foodbank work and other community-facing activities, as outlined in the activities and achievements section of this report.
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 (£69,412 – 2024: £83,527), including the support of graduates of a Bible school in that country who are regularly visited to both encourage them and ensure the grants are used appropriately.
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 fundraising 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 private or coercive discussions with individuals about their giving.
Oakhall Church, Caterham
Reg No: 1156069
8
Report of the Trustees (continued)
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.
The Trustees believe there is no uncertainty about the ability of the Charity to continue as a going concern.
Oakhall Church, Caterham
Reg No: 1156069
9
Report of the Trustees (continued)
Structure, Governance and Management
Governing Document:
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 Café 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. The financial results of O.H.C. Caterham Ltd are not consolidated into Oakhall Church but are reported separately monthly to distinguish the financial operation of the café from that of the Church activities.
Governance Structure:
The Charity is overseen by a board of trustees who meet regularly to manage its affairs. Decisions involving spiritual leadership of the Charity and its day-to-day management are delegated to the Elders of the church and volunteers. Remuneration levels of paid team members are set by the Trustees with reference to comparable roles elsewhere.
Appointment and Training of Trustees:
Trustees are appointed in accordance with the governing document. They are competent persons, with long experience in the day-to-day management of the Charity and how it is intended to function. New trustees are recommended by existing Trustees and ratified by the congregation. New trustees are recruited for their skills and commitment to the church’s mission and undergo induction and training. Trustees are made aware of the Charity Commission guidance in operating a charity and are kept up to date through its website and through attendance of the Stewardship quarterly webinars on financial matters.
Oakhall Church, Caterham
Reg No: 1156069
10
Report of the Trustees (continued)
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:
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Select suitable accounting policies and then apply them consistently
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Make judgements and estimates that are reasonable and prudent
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State whether the policies adopted are in accordance with applicable accounting standards, subject to any material departures disclosed and explained in the accounts, and
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Prepare the accounts on a going concern basis unless it is inappropriate to assume that the Charity will continue in operation.
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 Act2011. The income and assets of the trust are such that it requires a full audit.
Oakh8ll Church, Caterham 11 Reg No: 1156069 Report of the Trustees (continued) Administrative Details of the Charity. its Trustees & Advisers Name of Charitable Incorporated Organisatlon Oakhall Church. Caterham Registered with the Charity Commissioners No. 1156069 Principal Address OakhaLI Church. 181 Chaldon Road. Caterham, Surrey. CR3 SPL Trustees C.R. Andrewartha (retired Oct 2024) D.P. Downs P.D. Bowker l.W. Mayo J.M. Hardy P.C.F. Thompson C.D. Atkinson (appointed Oct 2025) Elders The Elders (below) assist the Trustees in the day-to-day management of the Charity: C.R. Andrewartha D.P. Downs A. Mayo l.W. Mayo G. Norman P. Vellacott Secretary to the Trustees Auditor P. Wolstenholme Xeinadin Audit Ltd 5 Robin Hood Lane, Sutton, SM12SW Mayo Wynne Baxter 3 Bell Lane, Lewes. East Sussex, BN7 1JU HSBC PLC 54 Woodcote Road. Wallington, Surrey, SM6 ONJ Solicltors Bankers Declaration This report was approved by the trustees on &5f Wioz and signed on their behalf by: Name: PfiuL Position: Signature:
Oakhall Church, Caterham
Reg No: 1156069
12
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 2025 which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows 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:
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give a true and fair view of the state of the Charity’s affairs as at 31 March 2025 and of its incoming resources and application of resources for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
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have been prepared in accordance with the requirements of the Charities Act 2011.
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.
Oakhall Church, Caterham
Reg No: 1156069
13
Independent auditor’s report to the trustees of Oakhall Church, Caterham (continued)
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.
Oakhall Church, Caterham
Reg No: 1156069
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:
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adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees’ remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit.
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.
Oakhall Church, Caterham
Reg No: 1156069
15
Independent auditor’s report to the trustees of Oakhall Church, Caterham (continued)
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 noncompliance with laws and regulations related to employment and financial reporting legislation and we considered the extent to which non-compliance 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.
Oakhall Church. Caterham 16 Reg No: 1156069 Independent auditor's report to the trustees of Oakhall Church, Caterham (continued) Audltor's responsibilitles for the audit of the financial statements {continued) 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 harderto detect than those that arise from error 8S they may involve deliberate concealment or collusion. Afurther description of our responsibilities forthe audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made so18lyto the Charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibilityto anyone other than the charity and the charity's trustees as a body, for our audit work, forthis report, orfor the opinions we have formed. Xelnadin Audit Limlted Statutory Audltor Chartered Accountants 5 Robin Hood Lane Sutton Surrey SM12SW Dated: 16 January 2026 Xeinadin Audit Limited is eligible for8ppointment as auditor of the charity byvirtue of its eligibilityfor appointmentas auditor of 8 company undersection 1212 of the Companies Act 2006.
Oakhall Church, Caterham
Reg No: 1156069
17
| Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | Statement of Financial Activities(Incorporating the Income and Expenditure Account) | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| For the Year Ended 31st March 2025 | |||||||||||||
| Unrestricted funds | Designated funds | Restricted funds | Total funds | ||||||||||
| Notes | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | |||||
| INCOME | |||||||||||||
| Donations & Legacies | |||||||||||||
| Donations | 186,258.28 | 162,135.53 | 8,870.00 | 0.00 | 185,702.16 | 119,774.01 | 380,830.44 | 281,909.54 | |||||
| Tax Recovered | 35,354.90 | 31,923.35 | 2,150.00 | 0.00 | 33,313.87 | 8,147.50 | 70,818.77 | 40,070.85 | |||||
| Investment Income | |||||||||||||
| Rental Income | 44,459.49 | 38,972.80 | 0.00 | 0.00 | 0.00 | 0.00 | 44,459.49 | 38,972.80 | |||||
| Interest | 24,293.89 | 18,999.69 | 0.00 | 0.00 | 2,475.00 | 2,131.24 | 26,768.89 | 21,130.93 | |||||
| Charitable Activities | |||||||||||||
| Café 181 income | 0.00 | 7,849.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,849.52 | |||||
| Other income | 41,079.71 | 1,305.00 | 540.00 | 38,929.80 | 2,365.51 | 0.00 | 43,985.22 | 40,234.80 | |||||
| Total income | 331,446.27 | 261,185.89 | 11,560.00 | 38,929.80 | 223,856.54 | 130,052.75 | 566,862.81 | 430,168.44 | |||||
| EXPENDITURE | |||||||||||||
| Charitable Activities | |||||||||||||
| Grants | 6 | 269.20 | 0.00 | 0.00 | 0.00 | 193,518.56 | 182,513.81 | 193,787.76 | 182,513.81 | ||||
| Ministrysupport | 7 | 142,105.54 | 136,095.37 | 0.00 | 0.00 | 0.00 | 0.00 | 142,105.54 | 136,095.37 | ||||
| Runningcosts | 8 | 113,463.86 | 63,197.30 | 8,202.74 | 38,530.73 | 3,163.02 | 5,086.47 | 124,829.62 | 106,814.50 | ||||
| Café 181 expenses | 7 | 0.00 | 8,446.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8,446.86 | ||||
| Depreciation | 10 | 42,291.16 | 3,869.16 | 0.00 | 0.00 | 0.00 | 11,778.14 | 42,291.16 | 15,647.30 | ||||
| Governance costs | 9 | 10,638.30 | 7,795.11 | 0.00 | 0.00 | 0.00 | 0.00 | 10,638.30 | 7,795.11 | ||||
| Total Charitable Expenditure | 308,768.06 | 219,403.80 | 8,202.74 | 38,530.73 | 196,681.58 | 199,378.42 | 513,652.38 | 457,312.95 | |||||
| Revaluation of Investment Asse | ts | 0.00 | 20,000.00 | 0.00 | 0.00 | 20,000.00 | 0.00 | ||||||
| Net Income/(Expenditure) | 22,678.21 | 41,782.09 | 23,357.26 | 399.07 | 27,174.96 | -69,325.67 | 73,210.43 | -27,144.51 | |||||
| Transfers | 12 | -523,935.01 | -30,000.00 | 7,784,246.52 | 30,000.00 | -7,260,311.51 | 0.00 | 0.00 | 0.00 | ||||
| Net Movement in Funds | -501,256.80 | 11,782.09 | 7,807,603.78 | 30,399.07 | -7,233,136.55 | -69,325.67 | 73,210.43 | -27,144.51 | |||||
| RECONCILIATION OF FUNDS | |||||||||||||
| Funds brought forward | 722,468.36 | 710,686.27 | 298,337.97 | 267,938.90 | 7,352,431.93 | 7,421,757.60 | 8,373,238.26 | 8,400,382.77 | |||||
| Funds carried forward | 221,211.56 | 722,468.36 | 8,105,941.75 | 298,337.97 | **119,295.38 ** | 7,352,431.93 | **8,446,448.69 ** | 8,373,238.26 |
Oakh8ll Church. Caterham 18 Reg No: 1156069 Balance Sheet As at 31st March 2025 Notes 2025 2024 FIXED ASSETS Tangible Fixed Assets Investment Fixed Assets 13 li 7.284.241.83 490,000.00 7,292,338.65 470,000.00 CURRENT ASSErs Current debtors & prepayments Current investments 14 48.494.07 504.083.12 159,041.48 70,999.46 429.870.00 132,879.35 li Cash at bank and in hand Is Total Current Assets 711,618.67 633,748.81 Creditors: amounts falling due within one year 16 31,596.89 15,169.25 NET CURRENT ASSETSI(LIABILITIES) 680,021.78 618,579.56 Long term liabilities 17 7.814.92 7,679.95 Total 8,446,448.69 8,373,238.26 Restrlcted Funds 119,295.38 7,352.431.93 Unrestrlcted Funds General Church Funds Designated funds 221,211.56 8,105,941.75 722,468.36 298,337.97 Total Charlty Funds 8,446.448.69 8,373,238.26 The notes on pages 20-31 form part ofthese accounts. The financial statements on pages 17-31were approved and authorised for issue bythe trustees and signed on their behalf by Paul Bowker. Signed: Date: 13 laz6
Oakhall Church, Caterham
Reg No: 1156069
19
| Statement of Cash Flows | Statement of Cash Flows | Statement of Cash Flows | ||
|---|---|---|---|---|
| For the Year Ended 31st March 2025 | ||||
| 2025 | 2024 | |||
| Cash flows from Operating Activities | 63,341.21 | -59,951.47 | ||
| Cash flows from Investing Activities | ||||
| Rent and interest from Investment assets | 71,228.38 | 60,103.73 | ||
| Purchase of Property,Plant and Equipment | -34,194.34 | -6,976.71 | ||
| less moneyinvested | 0.00 | -10,000.00 | ||
| Net Cash Flows from InvestingActivities | 37,034.04 | 43,127.02 | ||
| Proceeds from/(purchase) of current investments | -74,213.12 | 55,253.68 | ||
| Cash Flows from Financing Activities | ||||
| Repayment of loan | 0.00 | 1,165.55 | ||
| Net cashprovided byfinancingActivity | 0.00 | 1,165.55 | ||
| Change in cash and cash equivalents in reporting period | 26,162.13 | 39,594.78 | ||
| Cash and cash equivalents at beginningofperiod | 132,879.35 | 93,284.57 | ||
| Cash and cash equivalents at end ofperiod | 159,041.48 | 132,879.35 | ||
| 2025 | 2024 | |||
| Net Income/(Expenditure) | 73,210.43 | -27,144.51 | ||
| Adjustments for : | ||||
| Depreciation Charges | 42,291.16 | 18,137.52 | ||
| (Gains)/Losses on Investments | -20,000.00 | 0.00 | ||
| Rent and interest from Investment assets | -71,228.38 | -60,103.73 | ||
| (Increase)/decrease in inventory | 0.00 | 1,450.43 | ||
| (Increase)/decrease in debtors/prepayments | 22,505.39 | 16,609.35 | ||
| Increase/(decrease)in creditors/deferred revenue | 16,562.61 | -8,900.53 | ||
| Net cashprovided by (used in)operatingactivities | 63,341.21 | -59,951.47 |
Oakhall Church, Caterham
Reg No: 1156069
20
Notes to the accounts
1. Accounting policies
The financial statements have been prepared under the historical cost convention with the exception of the revaluation of certain assets.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Oakhall Church, Caterham is a Charitable Incorporated Organisation. The registered office is 181 Chaldon Road, Caterham, Surrey, CR3 5PL. Oakhall Church constitutes a public benefit entity as defined by FRS 102.
The financial statements present information about the charity as an individual accounting entity and not as a group as it qualifies as a small group. The accounts for the year ended 31st March 2025 are prepared in pounds sterling to 2 decimal places.
The principal accounting policies are as follows:
A) Restricted funds are used for the purposes specified by the donor. The expenditure is made without deduction for Church running costs. Funds are allocated upon receipt and paid to the beneficiaries at regular intervals.
B) Designated funds are unrestricted funds that have been set aside by the trustees for a particular purpose.
C) The principal accounting policies are:
i. Revenue Recognition : Income is recognised when the charity is entitled to it, it is probable that the income will be received and the amount can be reliably measured.
ii. Deferred Income : This is income which is not recognised in the SOFA due to there being no entitlement to it at the balance sheet date. It is disclosed in the balance sheet as a liability.
iii. Pension Contributions : Oakhall Church provides a Defined Pension Contribution scheme for its employees. Oakhall Church and its employees contribute to the retirement scheme operated by a separate legal entity to which the church has no liability to pay further contributions . No defined benefit Pension scheme is operated.
Oakhall Church, Caterham
Reg No: 1156069
21
Note 1 – Continued
iv. Fixed assets : Fixed assets for the use of Oakhall Church are subject to the Capitalisation policy (requiring a minimum item value of £500) and are carried at cost less accumulated depreciation and impairment losses.
v. Fixed Investment Assets : These include 2 items. The first is a property held by Oakhall Church for investment purposes and not for the regular use by the church. It is valued at Fair Market value, and will be revalued where the change is material. The building in Francis Road, historically used by the church, was reclassified as investment property in November 2019 when it was leased out to a third party. The second item is the £10,000 investment in the subsidiary company, O.H.C. Caterham Ltd, set up in May 2023 to manage the cafe activities, as detailed in note 19.
vi. Depreciation : The policy is to use straight line depreciation of the historic cost of the asset less the estimated residual value over the useful life of the asset. For the building, we estimate the residual value to be equal to the initial cost of the building, hence the rate of depreciation is zero. There is no depreciation on construction in progress or land.
Depreciation rates are:
Computer & Office Equipment = 5-25% per year Fixtures & Fittings = 5-20% per year Music & Technical Equipment = 10-20% per year Other Fixed Assets = 5-25% per year
vii. Current asset investments : These are current investments with a maturity date of not more than one year, but with a maturity of over 3 months at inception.
viii. Cash at Bank : Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.
ix. Creditors and provisions : Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.
x. Grants : Grants payable are taken into account at the earlier of when they are paid or become constructive obligations. Grants for the support of overseas missionaries are accounted for on the basis of support that relates to the financial year.
xi. Support Costs : The policy is not to allocate any of the supporting administrative costs to the restricted funds activities including all the grants made except for depreciation which follows the related fixed assets.
xii. Financial Instruments : The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Normal policy is to measure all transactions at cost. Foreign currency transactions are translated at market rates at inception.
Oakhall Church, Caterham
Reg No: 1156069
22
| 2. Restricted funds | ||||||
|---|---|---|---|---|---|---|
| The restricted funds include these 4 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 - Phase 1: This fund was to finance the construction and furnishing of the new church. We have moved this to Designated funds, as the restrictions have been satisfied on the donations. |
||||||
| 3. Building Fund - Phase 2: This fund was to finance the construction and furnishing of the next phase of building at 181 Chaldon Road. |
||||||
| 4. 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. |
||||||
| Details of transfers relatingto these funds are set out in Note 12 to the accounts. | ||||||
| 2024 | 2025 | |||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Ending Balance |
|
| 1. Mission Outreach and Other | ||||||
| Mission Outreach | 12,915.30 | 157,668.73 | 134,770.98 | 1,356.39 | -1,206.95 | 35,962.49 |
| DiscretionaryFund | 9,066.67 | 3,125.00 | 1,800.00 | -1,568.50 | 0.00 | 8,823.17 |
| Trainingfund -restricted | 2,190.42 | 0.00 | 2,343.77 | 153.35 | 0.00 | 0.00 |
| Total | 24,172.39 | 160,793.73 | 138,914.75 | -58.76 | -1,206.95 | 44,785.66 |
| 2. BuildingFund - Phase 1 | 7,316,578.79 | 0.00 | 0.00 | -57,474.23 | -7,259,104.56 | 0.00 |
| 3. BuildingFund - Phase 2 | 0.00 | 2,925.00 | 0.00 | 57,474.24 | 0.00 | 60,399.24 |
| 4. Serbian Outreach | 11,680.75 | 60,137.81 | 57,766.83 | 58.75 | 0.00 | 14,110.48 |
| Total Restricted Funds | 7,352,431.93 | 223,856.54 | 196,681.58 | **0.00 ** | -7,260,311.51 | 119,295.38 |
| 2023 | 2024 | |||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Ending Balance |
|
| 1. Mission Outreach and Other | ||||||
| Mission Outreach | 60,542.06 | 35,599.21 | 83,225.97 | 0.00 | 0.00 | 12,915.30 |
| Special Outreach Project | 12,292.64 | 0.00 | 12,292.64 | 0.00 | 0.00 | 0.00 |
| DiscretionaryFund | 7,034.18 | 2,145.00 | 112.51 | 0.00 | 0.00 | 9,066.67 |
| Trainingfund -restricted | 1,871.89 | 6,875.00 | 6,556.47 | 0.00 | 0.00 | 2,190.42 |
| Total | 81,740.77 | 44,619.21 | 102,187.59 | 0.00 | 0.00 | 24,172.39 |
| 2. BuildingFund - Phase 1 | 7,327,586.60 | 2,656.24 | 13,664.05 | 0.00 | 0.00 | 7,316,578.79 |
| 3. BuildingFund - Phase 2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4. Serbian Outreach | 12,430.23 | 82,777.30 | 83,526.78 | 0.00 | 0.00 | 11,680.75 |
| Total Restricted Funds | 7,421,757.60 | 130,052.75 | 199,378.42 | 0.00 | 0.00 | 7,352,431.93 |
| 2. Restricted funds | ||||||
|---|---|---|---|---|---|---|
| The restricted funds include these 4 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 - Phase 1: This fund was to finance the construction and furnishing of the new church. We have moved this to Designated funds, as the restrictions have been satisfied on the donations. |
||||||
| 3. Building Fund - Phase 2: This fund was to finance the construction and furnishing of the next phase of building at 181 Chaldon Road. |
||||||
| 4. 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. |
||||||
| Details of transfers relatingto these funds are set out in Note 12 to the accounts. | ||||||
| 2024 | 2025 | |||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Ending Balance |
|
| 1. Mission Outreach and Other | ||||||
| Mission Outreach | 12,915.30 | 157,668.73 | 134,770.98 | 1,356.39 | -1,206.95 | 35,962.49 |
| DiscretionaryFund | 9,066.67 | 3,125.00 | 1,800.00 | -1,568.50 | 0.00 | 8,823.17 |
| Trainingfund -restricted | 2,190.42 | 0.00 | 2,343.77 | 153.35 | 0.00 | 0.00 |
| Total | 24,172.39 | 160,793.73 | 138,914.75 | -58.76 | -1,206.95 | 44,785.66 |
| 2. BuildingFund - Phase 1 | 7,316,578.79 | 0.00 | 0.00 | -57,474.23 | -7,259,104.56 | 0.00 |
| 3. BuildingFund - Phase 2 | 0.00 | 2,925.00 | 0.00 | 57,474.24 | 0.00 | 60,399.24 |
| 4. Serbian Outreach | 11,680.75 | 60,137.81 | 57,766.83 | 58.75 | 0.00 | 14,110.48 |
| Total Restricted Funds | 7,352,431.93 | 223,856.54 | 196,681.58 | **0.00 ** | -7,260,311.51 | 119,295.38 |
| 2023 | 2024 | |||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Ending Balance |
|
| 1. Mission Outreach and Other | ||||||
| Mission Outreach | 60,542.06 | 35,599.21 | 83,225.97 | 0.00 | 0.00 | 12,915.30 |
| Special Outreach Project | 12,292.64 | 0.00 | 12,292.64 | 0.00 | 0.00 | 0.00 |
| DiscretionaryFund | 7,034.18 | 2,145.00 | 112.51 | 0.00 | 0.00 | 9,066.67 |
| Trainingfund -restricted | 1,871.89 | 6,875.00 | 6,556.47 | 0.00 | 0.00 | 2,190.42 |
| Total | 81,740.77 | 44,619.21 | 102,187.59 | 0.00 | 0.00 | 24,172.39 |
| 2. BuildingFund - Phase 1 | 7,327,586.60 | 2,656.24 | 13,664.05 | 0.00 | 0.00 | 7,316,578.79 |
| 3. BuildingFund - Phase 2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4. Serbian Outreach | 12,430.23 | 82,777.30 | 83,526.78 | 0.00 | 0.00 | 11,680.75 |
| Total Restricted Funds | 7,421,757.60 | 130,052.75 | 199,378.42 | 0.00 | 0.00 | 7,352,431.93 |
Oakhall Church, Caterham
Reg No: 1156069
23
| 3. Designated funds | |||||||
|---|---|---|---|---|---|---|---|
| The designated funds include these 6 major categories: | |||||||
| 1. Fixed asset reserve: This fund is held to ring fence the part of our unrestricted funds that is invested in property and equipment, clearlyseparatingit from free reserves that are available for day to dayspending. |
|||||||
| 2. Investment fixed asset: This fund is held to recognise that a portion of our unrestricted funds is invested in long term investments, and so is not available for day to day spending but supports our work over the longer term. |
|||||||
| 3. Major maintenance/Capital fund: This fund is held to set aside resources for planned major repairs and capital projects on our buildings and equipment, so that these essential works can be carried out when needed without disrupting regular ministry and operations. |
|||||||
| 4. Building Fund - Phase 2: This fund was to finance the construction and furnishing of the next phase of building at 181 Chaldon Road. |
|||||||
| 5. Training fund:This fund is held to ensure we can invest in essential training and development for staff and key volunteers, so theyare equipped to serve effectivelynow and in the future. |
|||||||
| 6. Other funds:This fund is held to set aside unrestricted money for smaller, specific ministry activities, so that agreed projects cango ahead asplanned without affectingourgeneral day to daybudget. |
|||||||
| Details of transfers relatingto these funds are set out in Note 12 to the accounts. | |||||||
| 2024 | 2025 | ||||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Gain/Losses | Ending Balance |
|
| 1. Fixed asset reserve | 0.00 | 0.00 | 0.00 | 0.00 | 7,284,241.83 | 0.00 | 7,284,241.83 |
| 2. Investment fixed asset | 0.00 | 0.00 | 0.00 | 0.00 | 470,000.00 | 20,000.00 | 490,000.00 |
| 3. Major maintenance/Capital fund | 160,000.00 | 0.00 | 0.00 | 0.00 | 30,000.00 | 0.00 | 190,000.00 |
| 4. BuildingFund - Phase 2 | 133,086.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 133,086.90 |
| 5. Trainingfund | 4,852.00 | 11,560.00 | 7,995.53 | -152.36 | 0.00 | 0.00 | 8,264.11 |
| 6. Other funds | 399.07 | 0.00 | 207.21 | 152.36 | 4.69 | 0.00 | 348.91 |
| Total Designated Funds | 298,337.97 | 11,560.00 | 8,202.74 | 0.00 | 7,784,246.52 | 20,000.00 | 8,105,941.75 |
| 2023 | 2024 | ||||||
| Ending Balance |
Income |
Expenditure | Correct opening balances |
Transfers |
Gain/Losses | Ending Balance |
|
| 1. Fixed asset reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2. Investment fixed asset | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3. Major maintenance/Capital fund | 130,000.00 | 0.00 | 0.00 | 0.00 | 30,000.00 | 0.00 | 160,000.00 |
| 4. BuildingFund - Phase 2 | 133,086.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 133,086.90 |
| 5. Trainingfund | 4,852.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,852.00 |
| 6. Other funds | 0.00 | 38,929.80 | 38,530.73 | 0.00 | 0.00 | 0.00 | 399.07 |
| Total Designated Funds | 267,938.90 | 38,929.80 | 38,530.73 | 0.00 | 30,000.00 | 0.00 | 298,337.97 |
Oakhall Church, Caterham
Reg No: 1156069
24
| 4. Income | ||
|---|---|---|
| An amount of £12,568.39 (2024: £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 14 for Current debtors. Gifts are received from people outside of Oakhall Church and passed on to church supported beneficiaries without any deduction for administration costs. The amounts are included in the relevant fund(s). |
||
| 2025 | 2024 | |
| Legacies received | 0.00 | 0.00 |
| Aggregate income received from trustees and connectedpersons | 90,969.90 | 85,698.00 |
| Total Designated Funds | 90,969.90 | 85,698.00 |
5. 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 £7,500.00, 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.
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 £7,814.92 (2024: £7,667.00).
15 spaces in the car park at 181 Chaldon Road were also rented out for £5,730.00 (2024: £5,900.00). This arrangement ended August 2025.
Oakhall Church, Caterham
Reg No: 1156069
25
6. Grants analysis
| 6. Grants analysisysissis | |||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| Entity | Activity | Grants to Institutions |
Grants to Grants to Individuals |
Grants to Total |
Total |
| Serbia Outreach | Bible school and individual missionaries support | 20,460.49 | 48,951.49 | 69,411.98 | 83,526.78 |
| Chrestos Mission | Bible school and orphanage to the Karen people in NW Thailand |
Bible school and orphanage to the Karen people in 33,993.85 |
33,993.85 | 33,382.00 | |
| London City Mission | Equipping churches to share Jesus with London’s least-reached communities |
7,362.50 | 7,362.50 | 2,235.54 | |
| Christian Institute | Promotion of the Christian religion in the UK | 6,140.00 | 6,140.00 | 6,083.00 | |
| CVM (Christian Vision for Men) |
Inspiring and equipping men for evangelism, discipleship, and community impact |
5,000.00 | 5,000.00 | 5,000.00 | |
| Chinese Church Support Ministries |
Serving, strengthening and supporting the Church and Christians in China |
5,000.00 | 5,000.00 | 0.00 | |
| Good News for Everyone | Helping people discover the truth and hope of the Bible |
5,000.00 | 5,000.00 | 0.00 | |
| Open Doors | Supporting persecuted Christians worldwide | 5,000.00 | 5,000.00 | 0.00 | |
| Sat-7 | Broadcasting Christian programs to Middle East and North Africa |
4,072.50 | 4,072.50 | 0.00 | |
| Immanuel Church Bethlehem |
Christian training and outreach in Bethlehem | 3,391.25 | 3,391.25 | 10,175.21 | |
| Reach Across -Simon and Gemma Locke |
Christian mission in Mali | 3,043.75 | 3,043.75 | 2,460.00 | |
| Prison Fellowship | Restoring prisoners, families, and communities through faith-based programs |
3,017.50 | 3,017.50 | 0.00 | |
| Care for the Family | Strengthening family life through support, resources, and faith |
3,000.00 | 3,000.00 | 0.00 | |
| Soteria Trust | Proclaiming Gospel, mentoring leaders, and educating youth in Nigeria |
3,000.00 | 3,000.00 | 0.00 | |
| Ukraine Support | Ukraine refugee support | 3,000.00 | 3,000.00 | 2,410.90 | |
| Urban Saints | Engaging young people with Jesus through groups, camps, resources |
3,000.00 | 3,000.00 | 0.00 | |
| FEBA Radio | Sharing Jesus worldwide through radio, podcasts, and audio media |
2,500.00 | 2,500.00 | 0.00 | |
| Trans World Radio | Sharing the gospel globally through radio and digital media |
2,500.00 | 2,500.00 | 0.00 | |
| International Needs | Empowering communities through gospel outreach, education, health, and relief |
2,050.00 | 2,050.00 | 0.00 | |
| Care | Influencing public policy and supporting vulnerable communities through advocacy |
2,000.00 | 2,000.00 | 0.00 | |
| Christian Prison Resourcing |
Providing pastoral care, discipleship, education, and resettlement support |
2,000.00 | 2,000.00 | 0.00 | |
| David Thompson NZ | Church plannting in Mosgiel/Dunedin, New Zealand |
2,000.00 | 2,000.00 | 0.00 | |
| Sports Chaplaincy UK | Providing pastoral and spiritual care across UK sports communities |
2,000.00 | 2,000.00 | 0.00 | |
| Sanderstead Evangelical Church |
Local church support | 0.00 | 0.00 | 12,292.64 | |
| Training fund - restricted | Christian training | 0.00 | 0.00 | 6,556.47 | |
| OM (Middle East) | Operation Mobilisation humanitarian aid in the Middle East |
0.00 | 0.00 | 4,809.50 | |
| Subtotal ofgrants over £2,000 | 126,531.84 | 50,951.49 | 177,483.33 | 168,932.04 | |
| 20 othergrants under £2,000.00(2024: 17 othergrants)amountingto: | 13,686.93 | 2,617.50 | 16,304.43 | 13,581.77 | |
| Total | 140,218.77 | **53,568.99 ** | **193,787.76 ** | 182,513.81 | |
| 2024 Totals | 96,335.66 | 86,178.15 | 182,513.81 |
Oakhall Church, Caterham
Reg No: 1156069
26
| 7. Ministry support | ||
|---|---|---|
| 2025 | 2024 | |
| Average Headcount | 5.0 | 4.3 |
| Average Full time equivalent | 3.1 | 2.9 |
| Gross salaries | 86,648.29 | 87,298.64 |
| Social securitycosts | 2,351.13 | -444.31 |
| Pensions | 4,567.17 | 4,568.07 |
| Accommodation costs | 23,597.81 | 23,493.78 |
| Total staff costs | 117,164.40 | 114,916.18 |
| Admin support(inc speaker fees) | 24,940.14 | 21,179.19 |
| 142,104.54 | 136,095.37 | |
| None of the employees have emoluments | above £60,000. | |
| 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 £59,019.31 (2024: £54,671) |
||
| In addition there are a large number of unpaid volunteers who help. The Café 181 salaries for April 2023 are shown under Café 181 expenses, after which they are paid by the separate O.H.C. Caterham Ltd company, which started in May 2023. |
| 8. Running costs | ||
|---|---|---|
| 2025 | 2024 | |
| Insurance | 6,594.04 | 5,378.71 |
| Gas,Electricityand water | 23,568.96 | 17,724.28 |
| Maintenance | 15,073.73 | 12,377.99 |
| Cleaning | 17,001.96 | 11,928.85 |
| Printingand Publicity | 0.00 | 3,054.87 |
| Various Sections | 1,813.97 | 4,425.65 |
| Outreach,outreach materials,books | 2,745.67 | 2,339.82 |
| Travel costs | 74.20 | 0.00 |
| AV and tech | 2,316.18 | 1,288.35 |
| Audio visual depreciation | 0.00 | 558.65 |
| Pastoral Expenses | 770.67 | 1,377.71 |
| Church refreshments | 2,394.42 | 2,383.42 |
| Miscellaneous | 2,005.87 | 359.00 |
| Training | 10,339.30 | 0.00 |
| Church weekend away | 0.00 | 26,680.47 |
| Other events and trips | 7,113.78 | 6,094.44 |
| Youth | 6,878.91 | 4,728.67 |
| Children and families | 5,435.22 | 1,792.82 |
| Womens team | 1,087.89 | 1,587.45 |
| Mens team | 225.55 | 0.00 |
| Mens - Normanytrip | 18,054.68 | 0.00 |
| AV depreciation(Restricted) | 0.00 | 1,885.91 |
| Bookstall | 1,334.62 | 847.44 |
| 124,829.62 | 106,814.50 |
Oakhall Church, Caterham
Reg No: 1156069
27
| 9. Governance | ||
|---|---|---|
| 2025 | 2024 | |
| Governance costs | 10,638.30 | 7,795.11 |
| 10,638.30 | 7,795.11 | |
| Includes costs of audit of £9,600 (2024: £7,200), 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. |
| 10. Depreciation | ||
|---|---|---|
| 2025 | 2024 | |
| General depreciation(unrestricted and restricted) | 42,291.16 | 15,647.30 |
| 42,291.16 | 15,647.30 |
| 11. Valuation of Investments | ||
|---|---|---|
| 11a. Fixed asset investments | ||
| 2025 | 2024 | |
| Francis Road - Initial valuation | 460,000.00 | 460,000.00 |
| Francis Road - Revaluation | 20,000.00 | 0.00 |
| O.H.C. Caterham Ltd(tradingas Café 181) | 10,000.00 | 10,000.00 |
| 490,000.00 | 470,000.00 | |
| The Francis Road property was purchased in 1894 and, as a building used by the church to fulfil its objectives, it 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. An additional desktop revaluation has been undertaken in this financial year and the valuation of the property was increased to £480,000 to reflect the general increase in property values. |
||
| A capital amount of £10,000 was invested to set up O.H.C. Caterham Ltd in April 2023, for the café outreach activities. |
||
| 11b. Current asset investments | ||
| 2025 | 2024 | |
| Flagstone investments | 504,083.12 | 429,870.00 |
| 504,083.12 | 429,870.00 | |
| 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. |
| 11. Valuation of Investments | ||
|---|---|---|
| 11a. Fixed asset investments | ||
| 2025 | 2024 | |
| Francis Road - Initial valuation | 460,000.00 | 460,000.00 |
| Francis Road - Revaluation | 20,000.00 | 0.00 |
| O.H.C. Caterham Ltd(tradingas Café 181) | 10,000.00 | 10,000.00 |
| 490,000.00 | 470,000.00 | |
| The Francis Road property was purchased in 1894 and, as a building used by the church to fulfil its objectives, it 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. An additional desktop revaluation has been undertaken in this financial year and the valuation of the property was increased to £480,000 to reflect the general increase in property values. |
||
| A capital amount of £10,000 was invested to set up O.H.C. Caterham Ltd in April 2023, for the café outreach activities. |
||
| 11b. Current asset investments | ||
| 2025 | 2024 | |
| Flagstone investments | 504,083.12 | 429,870.00 |
| 504,083.12 | 429,870.00 | |
| 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. |
Oakhall Church, Caterham
Reg No: 1156069
28
| 12. Fund transfers | |||
|---|---|---|---|
| 2025 Transfers | Unrestricted | Designated | Restricted |
| Redesignation of b/fwd balance - Women's team - Internal ministry area that's not restricted,but unrestricted |
332.77 | -332.77 | |
| Redesignation of b/fwd balance - Open House - Internal ministry area that's not restricted,but unrestricted |
592.96 | -592.96 | |
| Redesignation of b/fwd balance - CAMEO - Internal ministry area that's not restricted,but designated bythe trustees |
556.12 | -556.12 | |
| Redesignation of b/fwd balance - Bookstall | 322.08 | -322.08 | |
| Redesignation of b/fwd balance - Art fund | 22.59 | -22.59 | |
| Redesignation of b/fwd balance - Excursions | 9.55 | -9.55 | |
| Redesignation of b/fwd balance -Quiz night | 197.21 | -197.21 | |
| Support from church for historic Compassion donations to cover grants made in excess of funds received |
-274.90 | 274.90 | |
| Building Fund -Phase 1 tfr to FA reserve - To recognise the fixed asset additions from restricted funds, raised for the cost of the new church building |
7,259,104.56 | -7,259,104.56 | |
| Transfer to cover future maintenance work | -30,000.00 | 30,000.00 | |
| Transfer net assets from General fund to fixed assets reserve | -25,137.27 | 25,137.27 | |
| Redesignation of Current investments as Designated funds | -470,000.00 | 470,000.00 | |
| -523,935.01 | 7,784,246.52 | -7,260,311.51 | |
| 2024 Transfers | Unrestricted | Designated | Restricted |
| Designated Major maintenance Reserve fund | -30,000.00 | 30,000.00 | |
| -30,000.00 | 30,000.00 | 0.00 |
| 13. Fixed assets | ||||||
|---|---|---|---|---|---|---|
| Computer & Office Equipment |
Fixtures & Fittings |
Freehold Property |
Music & Technical Equipment |
Other Fixed Assets |
Total |
|
| Costs | ||||||
| Prior to 1 April 2024 | 11,805.07 | 95,021.48 | 7,157,401.51 | 25,497.88 | 86,110.62 | 7,375,836.56 |
| Additions inyear | 0.00 | 33,515.34 | 0.00 | 0.00 | 679.00 | 34,194.34 |
| Disposals | 0.00 | -3,542.43 | 0.00 | 0.00 | 0.00 | -3,542.43 |
| Transfers | 0.00 | 398,824.93 | -398,824.93 | 0.00 | 0.00 | 0.00 |
| Total as at 31 March 2025 | 11,805.07 | 523,819.32 | 6,758,576.58 | 25,497.88 | 86,789.62 | 7,406,488.47 |
| Depreciation | ||||||
| Prior to 1 April 2024 | 5,634.60 | 36,333.72 | 0.00 | 11,279.06 | 30,250.53 | 83,497.91 |
| Additions inyear | 678.37 | 29,776.23 | 911.38 | 1,950.69 | 8,974.49 | 42,291.16 |
| Disposals | 0.00 | -3,542.43 | 0.00 | 0.00 | 0.00 | -3,542.43 |
| Transfers | 0.00 | -274.27 | 274.27 | 0.00 | 0.00 | 0.00 |
| Total as at 31 March 2025 | 6,312.97 | 62,293.25 | 1,185.65 | 13,229.75 | 39,225.02 | 122,246.64 |
| Net book value as at 31 March 2025 | 5,492.10 | 461,526.07 | 6,757,390.93 | 12,268.13 | 47,564.60 | 7,284,241.83 |
| Net book value as at 31 March 2024 | 6,170.47 | 58,687.76 | 7,157,401.51 | 14,218.82 | 55,860.09 | 7,292,338.65 |
Oakhall Church, Caterham
Reg No: 1156069
29
| 14. Current debtors andprepayments | ||
|---|---|---|
| 2025 | 2024 | |
| Prepayments | 24,404.25 | 11,412.12 |
| Flagstone interest receivable | 8,449.32 | 20,552.05 |
| Gift aid receiveable | 12,568.39 | 16,071.60 |
| Trade debtors | 3,072.11 | 22,963.69 |
| 48,494.07 | 70,999.46 |
| 15. Cash at bank and in hand | ||
|---|---|---|
| 2025 | 2024 | |
| PettyCash | 700.00 | 408.00 |
| HSBC General Current account | 24,420.73 | 30,014.76 |
| HSBC Serbia Current account | 12,135.48 | 8,701.28 |
| HSBC Lease Deposit account | 7,814.92 | 7,667.32 |
| HSBC Deposit Instant | 87,774.00 | 85,000.00 |
| Shawbrook - 45 day | 25,099.41 | 0.00 |
| Flagstone Holdingaccount | 1.00 | 1,087.99 |
| Paymentprocessors | 1,095.94 | 0.00 |
| 159,041.48 | 132,879.35 |
| 16. Current creditors | ||
|---|---|---|
| 2025 | 2024 | |
| Audit fee | 8,700.00 | 7,200.00 |
| Taxation and social security | 1,864.97 | 939.99 |
| Other creditors | 7,127.26 | 3,591.60 |
| Deferred income | 13,904.66 | 3,437.66 |
| 31,596.89 | 15,169.25 |
| 17. Long-term liabilities | ||
|---|---|---|
| 2025 | 2024 | |
| Deposit on 10year lease for Francis Road building | 7,814.92 | 7,679.95 |
| 7,814.92 | 7,679.95 |
Oakhall Church, Caterham
Reg No: 1156069
30
| 18. Analysis of net debt | |||
|---|---|---|---|
| 2025 analysis | Unrestricted | Restricted | Totals |
| Tangible fixed assets | 7,284,241.83 | 0.00 | 7,284,241.83 |
| Investment fixed assets | 490,000.00 | 0.00 | 490,000.00 |
| Current assets | 592,323.29 | 119,295.38 | 711,618.67 |
| Creditors | -31,596.89 | 0.00 | -31,596.89 |
| Long-term liabilities | -7,814.92 | 0.00 | -7,814.92 |
| 8,327,153.31 | 119,295.38 | 8,446,448.69 | |
| 2024 analysis | Unrestricted | Restricted | Restricted |
| Tangible fixed assets | 33,234.12 | 7,259,104.53 | 7,292,338.65 |
| Investment fixed assets | 470,000.00 | 0.00 | 470,000.00 |
| Current assets | 540,421.41 | 93,327.40 | 633,748.81 |
| Creditors | -15,169.25 | 0.00 | -15,169.25 |
| Long-term liabilities | -7,679.95 | 0.00 | -7,679.95 |
| 1,020,806.33 | 7,352,431.93 | 8,373,238.26 |
| 19. Café 181 | ||
|---|---|---|
| 2025 | 2024 | |
| Income in these accounts | 0.00 | 7,849.52 |
| Expenditure in these accounts | 0.00 | 8,446.86 |
| 0.00 | -597.34 | |
| The Cafe 181 started up in January 2022 with 3 part-time employees and a number of volunteers. In May 2023, a wholly owned limited company (OHC Caterham Ltd; company numbe 14813703) was set up to better manage the operations of the cafe. OHC Caterham Ltd has a registered office of 181 Chaldon Road, Caterham, England, CR3 5PL. The activity of the company is the running of the church cafe. |
||
| The investment in this subsidiary company, OHC Caterham Ltd, is £10,000 and Oakhall Church owns 100% of the ordinary share capital of this company. |
||
| At 30 April 2025 the company had net assets of £13,563 (2024: £13,563). In the year to 30 April 2025 the company had turnover of £135,492 (2024: £114,241) and expenses of £129,742 (2024: £110,678). Overall, the company made a profit after tax of £5,750, which will be distributed to Oakhall Church in 2025-26 (2024: £3,563, retained in the subsidiary). |
Oakhall Church, Caterham
Reg No: 1156069
31
20. 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 and March 2025.
21. Related party transactions
There were unrestricted donations from related parties of £17,230 (2024: £21,999). There were restricted donations from related parties of £73,740 (2024: £63,699). No trustees were remunerated in 2024-25 (2024: £nil).
No grants were made to Sanderstead Evangelical Church (2024: £12,293), a charity with common trustees of C Andrewartha and D Downs.
During the year, income of £5,800 (2024: £4,675) was received from the wholly owned subsidiary, OHC Caterham Ltd, for use of church facilities.