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2026-03-31-accounts

Trinity Church Oxford

Report and Accounts Year ended 31 March 2026

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

Trinity Church Oxford

Legal and Administrative Information

Charity name: Trinity Church Oxford Registered charity number: 1157703 Trustees: Peter Comont (Senior Pastor) (10th April 2014 – present) Ken Giles (Elder) (3rd November 2016 – present) Andy Robinson (Elder) (1st February 2024 – present) David Ojeabulu (Elder) (5[th] March 2026 – present) Andrew Gullett (Elder) (5[th] March 2026 – present) Treasurers: Tom Davies Church administrator: Hannah Slade Walker (from September 2024 to present) Registered office: Trinity Church at St Michael at the Northgate, Cornmarket St, OX1 3EY Independent examiner: Nick Spear ACCA Stewardship 1 Lamb’s Passage London EC1Y 8AB Bankers: Barclays Bank 54 Cornmarket Street Oxford OX1 3HB

Contents Page
Legal and Administrative Information 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-16
Detailed Statement of Financial Activities with Comparatives 17

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Trinity Church Oxford Report of the Trustees for the year ended 31st March 2026

The trustees present their annual report and financial statements of the charity for the year ended 31st March 2026. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities published in 2019.

Structure, governance and management

Governing document

Trinity Church Oxford was formed by a Constitution which was adopted on 10th April 2014 on which date the Rules of the church were also adopted. Trinity Church Oxford was registered as a charity under these documents on 3rd July 2014. These documents have not been amended this year.

Charitable Aims

Trinity Church Oxford is registered with the Charity Commission as a Charitable Incorporated Organisation (Charity Number: 1157703).

The purposes of the church as registered with the Charity Commission are:

  1. The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within the city of Oxford and the surrounding neighbourhood; and

  2. Such other charitable purposes as shall, in the opinion of the charity trustees further the work of the church.

Organisational structure, governance and management

The church membership is the church’s decision-making body. Major decisions are made at meetings of the members of the charity, on the recommendation of the Trustees or church members. The Trustees are committed to calling members meetings at least three times a year.

The spiritual leadership and overall management of the church is in the hands of the Elders. Those in the role of Elder or Pastor are automatically appointed Trustees of the church. Their details are held by the Charity Commission. Elders are not paid, although one of the elders during the year as Senior Pastor received payment for this specific role as per the Constitution. Expenses are logged by staff onto a platform called Expend. The Church has an Expenses Policy which is adhered to in the process of claiming expenses. Expense reports can then be reviewed by the Treasurer, Assistant Treasurer and Church Administrator and paid once approved.

Ministry Team Leaders are appointed by the Trustees and agreed by a simple majority of the church membership at a Members’ Meeting. Ministry Team Leaders have oversight for children’s work, refreshments, social and worship activities. These individuals are answerable to the Trustees.

A Church Administrator is employed part-time by the church to perform any duties deemed necessary by the Trustees of the church. They are responsible for the day-to-day management of the church finances and secretarial duties.

The church also meets three times a year for Members Meetings which are business meetings at which the Trustees present financial updates, and any proposals put forward by either the Trustees or Church Members.

As part of our financial management, we hold reserves to ensure that we manage the financial impact of key risks (e.g. unexpected fall in income, or unbudgeted increases in expenditure), and to ensure we are able to meet our key operational costs (including venue hire and salary payments). The Trustees have set an amount (i.e. £28,000) equivalent to three months of operating costs as the required free reserves level (excluding restricted funds). Trinity Church Oxford free reserves are largely held in cash. The levels of reserves required are reviewed yearly as part of the annual budgetary process, and budgets are set such that the expected cash balances at the end of the Financial Year falls within the reserves policy. At the year end, the charity held unrestricted cash of £81,774 and the charity is complying with its reserves policy.

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Trinity Church Oxford

Report of the Trustees (continued) for the year ended 31st March 2026

2025-2026 Transitions in Elders, Deacons, & Staff:

Affiliations

The church is affiliated with the Fellowship of Independent Evangelical Churches and has associations with City to City Europe.

Public benefit

The Trustees have kept in mind the Charity Commission’s guidance on public benefit and subsequent obligations. They believe that thus far, our obligation to provide public benefit is clearly demonstrated, as can be seen in the report below.

REPORT OF THE TRUSTEES: REVIEW OF THE YEAR

Trinity Church Oxford was planted with a vision to gather Christians in the city to worship God, equipping them for a lifetime of service, so that together we might reach and bless both the city of Oxford and the world with the life changing message of the Gospel.

A primary aim within all of Trinity’s activities is the furtherance of the Christian faith as outlined in the statement of faith adopted by the church in April 2014. To this end, the church is first committed to the pastoral care and discipleship of its members, attenders and others in need as they come into contact with the church. In 20252026, Trinity continued to hold weekly public worship services in hired venues, run regular homegroups for prayer and fellowship, run prayer meetings and church meals, host public lunch and dinner events, and encouraged fellowship, evangelism, and mission overall:

The staff team continued to meet to pray about the needs of the congregation, conduct church business, and plan the different ministries of service and evangelism. Most thanks goes to our Father in Heaven, who has graciously provided for us through the past year, sustaining us through challenges and consistently amazing us with the grace he has shown to us in our Lord Jesus.

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Trinity Church Oxford

Report of the Trustees (continued) for the year ended 31st March 2026

Building

This year, we have continued to meet at Blue Boar House for our morning services and we currently do not have a regular evening service. Instead, we sometimes meet at St Michael at the Northgate for the occasional evening service. We are very grateful to Blue Boar House for the greater stability which meeting there provides.

We are continuing to rent a space from St Michael at the Northgate to use throughout the week as office and meeting space. This has allowed us to have a more permanent and central base from which to operate and provides us with more opportunities to gather during the week.

Whilst we are immensely thankful for the greater stability afforded to us by our meeting at Blue Boar House on Sunday mornings, we remain conscious of how insecure our position in the centre of the city is whilst we remain in rented accommodation. We will therefore continue to pursue the possibility of purchasing our own building (drawing on the funds in our Restricted Building Fund for this purpose).

Community

Oxford remains a very transient place, with significant numbers of people moving on from Oxford each year. Despite this, we are very thankful that the Lord has seen fit to strengthen our fellowship and bring new people into our community. We are thrilled to have welcomed a number of new people into our fellowship over the last year. Meeting at Blue Boar House in the mornings has been a real blessing as we have seen a greater number of new people settle at Trinity, including some with young children.

Training

Partnership with other churches remains very important to Trinity. As a Church we are involved in the local Gospel Partnership, which provides training for a number of people in the region. We also take opportunities to gather on occasion with other churches in the area, for example we joined with St Michael at the Northgate for their Christmas Day service on the 25[th] December, as well as joining with local FIEC churches for a joint Good Friday service and a barbeque in the summer.

Volunteers

Trinity’s children’s work changes regularly to reflect the needs of those within our congregation. This year, our children’s work has mainly comprised of a creche which meets during the morning service, with teaching for primary-school-aged children when required.

Most of the church activities rely very heavily on the hard work of volunteers, drawn from the membership and Sunday congregations. As a church, child protection and safeguarding in general is taken very seriously. Trinity is registered with CCPAS. Fiona Hamilton serves as our Safeguarding Co-ordinator with Judy Comont acting as Deputy Safeguarding Co-ordinator. The Church has a Safeguarding Policy and Good Practice Guide in place, both of which are reviewed regularly. Children’s Team Leaders and others working with the children and young people all complete application forms and Disclosure and Barring Service (DBS) checks are carried out. Different communication and reporting pathways are available for any safeguarding concerns and are posted publicly during weekly meetings.

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Testimonials

Nadia Ford: ‘When choosing a church, I was looking for somewhere that takes the Bible as the foundation of all they do. At Trinity there are many opportunities to come together as a community reading God’s word and hearing top notch sermons, leading to a commitment to prayer, service, worship, obedience, and evangelism within the church. The gospel-centred preaching means that, not only are the Christians challenged, but unbelievers can hear what they need to be saved – making it easier to invite friends to church.

I have had a real sense of pastoral-ship from the leadership team, that individuals do not get lost in the crowd at Trinity, and that the leaders act as fellow members of Christ’s family whom you can chat to just as you would anyone else. I have also really appreciated not being a student bubble, as I believe that in order to grow in spiritual maturity, we must learn from and serve all members of the family of God. (Prov. 27:17).’

Financial Review

The main source of income continues to be the generous support of regular individual givers, including members, alumni, and external givers. Church members, alumni, and external givers also support Trinity through additional one-off gifts, including support from the United Kingdom, the US, and other countries. During the Financial Year ending March 2026, internal giving was slightly higher than budget (in part due to regular members remaining within the congregation at greater rates than previously). However, this was offset by a lower amount in external gifts received. Our ambition and prayer are that we become a church that is more predominantly funded through regular and sustainable internal giving. It is expected that this should continue to become more feasible with the continued provision of a more stable morning venue.

The majority expenditure of the church is the salaries for staff, necessary for the day-to-day management and running of the church and organisation of regular activities. As Trinity does not own property, venue hire also remains a significant cost over the course of the year. Trinity currently maintains a policy to support external ministries through regularly giving 5% of internal funds raised.

During the year income increased by £31,255, to £204,234, and expenditure decreased by £19,674, to £157,396. As a result the surplus for the year was £46,838, and the charity's net assets increased by the same amount, to £112,614. Net current assets increased by £47,200, to £112,073.

Concluding Remarks

Almost all of the church’s activities are open to all, including young people and those with children, except insofar as there are some requirements relating to membership and Christian commitment. Services in particular are open to the public to come in at any time. Members Meetings are also open to all, but it is only church Members (18 years old and above) who are able to vote on church business.

In undertaking all of these activities, the charity also aims to equip all Christians who participate in the life of the church to proclaim and live out their commitment to Christ in their own daily life and spheres of influence. The charity’s advancement of Christianity for the public benefit therefore extends beyond these specific activities to encompass the transformed lives and Christian witness of all those in whom God has been at work through the church’s ministries.

In overseeing the activities of the charity during the period described in this report, the charity’s trustees have had regard to the public benefit guidance published by the Charity Commission as it relates to the charity’s objects as described above.

By God’s grace, we are continuing to see him accomplish his purposes through our fellowship, as he has graciously brought unbelievers to a saving knowledge of himself, given us the opportunity to work in the lives of university students in Oxford, and sent members of our congregation out across the city of Oxford and to the ends of the earth seeking to serve our great God and King.

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Trinity Church Oxford

Report of the Trustees (continued) for the year ended 31st March 2026

Looking ahead

We are looking forward to seeing what the next year holds for Trinity Church Oxford, with a particular focus on:

Trustees’ responsibilities statement

Charity law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year.

In preparing those accounts, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the accounts and financial accounts comply with charity law (in particular the Charities Act 2011) and the charity’s constitution.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Trustees on Jul 7, 2026 and signed on their behalf.

Peter Comont

Peter Comont (Jul 7, 2026 16:39:31 GMT+1) Peter Comont – Senior Pastor

Andy Robinson Andy Robinson (Jul 9, 2026 10:43:27 GMT+1)

Andy Robinson - Chair of Trustees

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

TRINITY CHURCH OXFORD ('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2026 on pages 8 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nick Spear

Nick Spear (Jul 9, 2026 11:09:45 GMT+1)

Nick Spear ACCA Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Jul 9, 2026

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TRINITY CHURCH OXFORD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2026

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities
4
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
161,948
219
162,168
114,689
114,689
-
47,478
-
47,478
50,218
97,696		 Restricted
Funds
£
42,066
-
42,066
42,706
42,706
-
(640)
-
(640)
15,558
14,918		 Total
Total
Funds
Funds
2026
2025
£
£
204,014
172,979
219
-
204,234
172,979
157,396
177,070
157,396
177,070
-
-
46,838
(4,091)
-
-
46,838
(4,091)
65,776
69,867
112,614
65,776

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 10 - 16 form part of these accounts.

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TRINITY CHURCH OXFORD

BALANCE SHEET

AS AT 31 MARCH 2026

Note
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Debtors
7
Cash at bank and in hand
8
CREDITORS: Amounts falling
due within one year
9
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
12
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
541
541
18,243
81,774
100,016
(2,862)
97,155
97,696
97,696
97,696
-
97,696		 Restricted
Funds
£
-
-
34
14,883
14,918
-
14,918
14,918
14,918
-
14,918
14,918		 Total
Funds
2026
£
541
541
18,277
96,657
114,934
(2,862)
112,073
112,614
112,614
97,696
14,918
112,614		 Total
Funds
2025
£
903
903
9,543
84,360
93,903
(29,030)
64,873
65,776
65,776
50,218
15,558
65,776

The financial statements were approved by the Board of Trustees and were signed on its behalf by:

Andy Robinson Andy Robinson (Jul 9, 2026 10:43:27 GMT+1)

ANDY ROBINSON (Chair of Trustees)

Jul 9, 2026 Date: _______

Charity number: 1157703

The notes on page 10 - 16 form part of these accounts.

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TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

1 Statutory Information

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

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TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Equipment

Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

h) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

i) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

j) Critical accounting estimates and areas of judgement ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

3 Donations

Donations of cash and similar
Other grants receivable
Gift aid recoverable
4
Charitable expenditure
a
Costs incurred directly on specific activities
Staff costs
Church events
Rent and rates
Miscellaneous expenses
Travel and subsistence
Office running costs
Grants payable (note 4c)		 2026
£
155,275
25,000
23,739
204,014
2026
£
91,483
9,431
24,133
88
314
7,305
132,754
3,555
136,309		 2025
£
124,602
25,000
23,377
172,979
2025
£
92,640
11,241
21,518
1,946
742
7,795
135,882
6,313
142,195

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TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

b Costs incurred on support & administration

Costs incurred on support & administration
Governance costs
Independent examiner's fee
Administrative staff costs
Legal and Professional
Telephone
Printing, postage and stationery
Insurance
Bank fees
Depreciation of tangible fixed assets
Loss on disposal of fixed assets
Total expenditure		 2,040
2,040
15,104
1,893
797
476
313
102
362
-
21,087
157,396		 1,920
1,920
12,456
17,449
302
592
297
282
601
976
34,875
177,070

The fee payable to the independent examiner for preparing and examining the accounts was £2,040 (2025: £1,920); in addition the charity paid £672 (2025: £671) to Stewardship for payroll services.

c Grants payable

Grants for UK and overseas mission
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
The charity's principal grants to institutions comprised:
Grants to institutions for less than £1,000 each		 Institutions
£
1,165
1,165
Institutions
£
780
780		 Individuals
£
2,390
2,390
Individuals
£
5,533
5,533
2026
£
1,165
1,165		 2026
£
3,555
3,555
2025
£
6,313
6,313
2025
£
780
780

5 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 3 (2025: 3). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

Employer
Wages &
pension
salaries
contributions
Trustees:
Peter Comont
40,407
8,350
The following amounts were payable in the previous year:
Salary &
pension
contributions
Trustees:
Peter Comont
39,400
8,143		 2026
£
48,757
48,757
2025
£
47,543
47,543

Peter Comont served as church leader and received the above payments for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.

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TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

6 Tangible fixed assets

Cost
At 1 April 2025
Additions
Disposals
At 31 March 2026
Accumulated depreciation
At 1 April 2025
Charge for the year
Eliminated on disposal
At 31 March 2026
Net book value
At 31 March 2026
At 31 March 2025
7
Debtors
Falling due within one year:
Gift aid recoverable
8
Cash at Bank and in Hand
Cash at bank with immediate access
9
Creditors: liabilities falling due within one year
Trade creditors
Other creditors
Accruals
Deferred income
10
Deferred income
Within one year
After one year
The income deferred at the period end will be released to income over the following periods:
Amount released to income
Balance at the beginning of the reporting period
Balance at the end of the reporting period
Deferred income comprises the following:
Amount deferred in year		 Fixtures,
fittings and
equipment
£
4,110
-
-
4,110
3,207
362
-
3,569
541
903
2026
£
18,277
18,277
2026
£
96,657
96,657
2026
£
-
822
2,040
-
2,862
2026
£
25,000
(25,000)
-
-
-
-
-		 Total
2026
£
4,110
-
-
4,110
3,207
362
-
3,569
541
903
2025
£
9,543
9,543
2025
£
84,360
84,360
2025
£
1,350
760
1,920
25,000
29,030
2025
£
50,000
(25,000)
-
25,000
25,000
-
25,000

The charity received a £100,000 grant in 2022 to cover 4 years worth of the cost for a student worker. Amounts paid for 2023-2026 were originally deferred. At the year end 31st March 2026, the remaining grant was fully released to income.

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TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

11 Pension commitments

During the year employer’s pension contributions totalling £12,876 (2025: £12,376) were payable to defined contribution personal pension schemes. Pension contributions were owing at the balance sheet date were £619 (2025: £760).

12 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Building Fund
Student worker
Nadia Ford Giving Fund
Giving Fund
Aggregate of funds		 Opening
balance
2026
£
50,218
50,218
15,558
-
-
-
15,558
65,776		 Incoming
resources
2026
£
162,168
162,168
266
41,000
-
800
42,066
204,234		 Outgoing
resources
2026
£
(114,689)
(114,689)
(906)
(41,000)
-
(800)
(42,706)
(157,396)		 Transfers
in the year
2026
£
-
-
-
-
-
-
-		 Gains and
losses
2026
£
-
-
-
-
-
-
-		 Closing
balance
2026
£
97,696
97,696
14,918
-
-
-
14,918
112,614

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
541
-
18,243
-
81,774
-
(2,862)
-
97,696
-
Unrestricted Funds		 Restricted
funds
£
-
34
14,883
-
14,918		 2026
£
541
18,277
96,657
(2,862)
General
funds
£
541
18,243
81,774
(2,862)
97,696
112,614

-14-

TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Building Fund
Student worker
Nadia Ford Giving Fund
Aggregate of funds		 Opening
balance
2025
£
46,467
46,467
23,400
-
-
23,400
69,867		 Incoming
resources
2025
£
138,044
138,044
8,766
25,000
1,170
34,936
172,979		 Outgoing
resources
2025
£
(134,292)
(134,292)
(16,608)
(25,000)
(1,170)
(42,778)
(177,070)		 Transfers
in the year
2025
£
-
-
-
-
-
-
-		 Gains and
losses
2025
£
-
-
-
-
-
-
-		 Closing
balance
2025
£
50,218
50,218
15,558
-
-
15,558
65,776

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year		 General
Designated
funds
funds
£
£
903
-
7,976
-
45,369
-
(4,030)
-
-
-
50,218
-
Unrestricted Funds		 Restricted
funds
£
-
1,567
38,991
(25,000)
-
15,558		 2025
£
903
9,543
84,360
(29,030)
-
General
funds
£
903
7,976
45,369
(4,030)
-
50,218
65,776

The Building Fund is for money donations specifically given to further Trinity's aim the purchase its own building.

The Student Worker Fund contributes to the employment of a pastoral worker, of which a student worker is an example.

The Nadia Ford Giving Fund is to account for donations specifically given to support a church member in pursuing mission work (used for mission trips and training conferences).

The Giving Fund represent donations that were specifically given towards grants.

13 Operating lease commitments

The charity has an operating lease for its office. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

potential effect of future rent reviews) in respect of this lease is as follows:
Within one year
Between one and five years
After five years
Payments falling due:		 2026
£
2,000
-
-
2,000		 2025
£
12,000
2,000
-
14,000

During the year the charity was charged £12,000 (2025: £12,000) for its operating lease.

-15-

TRINITY CHURCH OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2026

14 Transactions with related parties During the year the charity:

Except as disclosed in note 'Analysis of staff costs', there have been no other transactions with related parties during the year.

-16-

TRINITY CHURCH OXFORD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2026

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities:
4
Total Expenditure
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 General
Designated
2026
2026
£
£
161,948
-
219
-
162,168
-
114,689
-
114,689
-
-
-
47,478
-
50,218
-
97,696
-
Unrestricted funds		 Restricted
2026
£
42,066
-
42,066
42,706
42,706
-
(640)
15,558
14,918		 Total
2026
£
204,014
219
204,234
157,396
157,396
-
46,838
65,776
112,614		 General
Designated
2025
2025
£
£
138,044
-
138,044
-
134,292
134,292
-
-
-
3,751
-
46,467
-
50,218
-
Unrestricted funds		 Restricted
2025
£
34,936
34,936
42,778
42,778
-
(7,842)
23,400
15,558		 Total
2025
£
172,979
-
172,979
177,070
177,070
-
(4,091)
69,867
65,776

-17-