ST COLUMBA'S OXFORD UNITED REFORMED CHARITY TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 INDEX ReFMJt of the Trustees Independent Exarninerfs Report ststement of Financial Activities Balar Sheet Notes to Ihe Financial Ststemerrts 10 SOFA for year ended 31 December 2022 Registered Charity No". 1162065
ST COLUMBA'S OXFORD UNED REFORMED CHARITY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES Sorrel Eyres Jill Fresen JTh)athan HeIng Kirsien Johnson Rosemary Knagg Adnan Moo Dav North Andrew Smrth Gordon Wc¢*Js REGISTERED ADDRESS St Columba's United Reformed Church Ajfred Street Oxford OX14EH INDEPENDENT EXAMINER lan Parkinson BANKERS CAF Bank Ltd Virgin Money
ST COLUIABA'S OXFORD UNrrED REFORMED CHARITY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their report and the finanaal statements for the year ended 31 t)ecember 2023. Charltable SLths St Columba's Oxfor(l United Reformed Charty is a chanty, registered in England. number 1162065. Trustees The Tnjstees who have held offKe at any point during the year ended 31 December 2023 and to the date of this report are as folkjws". Sorrel Eyres Jill Fresen Jonathan Herring Kirsten Johnson Rosemary Knagg Adrian Ploore DavKI North Andrew Smith Gordon Wc4)ds Strnetur•. Governance and Manag•ment The charity was estsblished by a goveming document {ConsbtutK)n) adopted on 23 February 2014. It was formed in order to acqui the assets and liabilities of St Columba's United Refomied Church. Oxford. an ex¢epted chanty. Addib"onal trustees may be app)inted by the church meeting: all new trustees are offered appropriate training in order to fulfil their ro. ObJectiv•s and activities The obJe¢t of the chanty is the advancement of the Christian fr4ith for the tEnefft of the public. in accordance with the Scheme of Union ol the United Refomied Church. It carries out this purFrf)se by providing a place where all are welcome to participate in regukr public worship. The charY seNes the whole communty by hiring out premises and providing servus for a w¢de range of community groups and actNities. It has an acb.ve ministy within the LGBT community, which is being developed by the char$ Outreach Worf(er. A¢hi•v•ments and perfonnanc• The charity has maintsined a regular patteffl of worship and wilness to ts memters and to the wider eommunty, ts)th through worship in the church buildings, and through services and other activities provided online. Numbers participab.ng in reguiar Sunday worship. notably students and younger people. have held up well. and several House Groups have also met on a regular basis. Rlsk managem•nt The principal risks the chanty may face are perceived to be Inequate hjture funding and the possibilrty of safeguarding IssL arising in dealing with children and vulnerable adults. The Finance and Propety Commrttee regularly monrtors the income from member contributions and from future potent'al hiring income. as well as keeping a tKJht rein on premises expenditure., appropriate safeguarding measures remain in place.
Flnancial Revlew All the assets aThJ liabilths of St Columba'5 Unrted Reformed Church. Oxford were transferred to the charjty on 28 February 2016. Income for the year included legac5 of £10.500. and totalled £162.49012022 £136.4631,' expenditure totalled £161,87612022 £136,372), and induded the installatron of a new audio visual system al a cost of £16,381. The resulting surplus of £61412022 surplus of £91} ha5 tten added to reserves, resuth'ng in funds carried forward of £132,224, of which £5,949 were restricted fvnds Voluntary income, mostly from church members, held up well. and income from hirings for the year increased to £56,215 {2022 £44,863). The only abnomial rtem of expendire was the AV system referred to above. The Trustees are satisfied that the unrestricted fund balance of £124,9)8. representing almost 12 months of nonnal expenditure, is more than adequate lo underpin future aclNities, and accordingty that the charity remains a going coneem for at least 12 months fr(n the date of snIng this pOrt. Plans for Future Perfod8 The emphasis of the charity will continue to be on keeping its worshipper5 together, by means of worship and other resources delivered online andlor in the church building5, and to develop fvrther its outreach focussed on the wider community, in fvrtherance of its core obiecbves. SLitement of Tru8tees' Responslbllities The Trustees are resF(s1b1e for preparing the Rewrt of the Trustees and financkal statements in accordance with applicable law and regUlatn$. Charity law requires the Trustees to wepare financial ststements for each financHI year. Under that law the Trustees have elected to ppare the financial statements in accordan wth Unrted Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the Trustees must not approve the firtancpl statements unless they are s"srd that they give a true and fair view of the stste of affairs of the chanty and of the incoming resources and applicabon of resources of the charity for that period. In preparing those financial slatements, the Trustees are required lo select suitable accounting policies and then apply them consistentjy.. make judgements and esb"rnates that are reasonable and prudent-, and prepare the financial ststernents on the going concem basis unless it is inappropriate to presume that the chanty wll continue in business. The Trustees are responsible for keeping proper accounting records which dixlose with reasonable accuracy at any lime the financ1 F(ssition of the chanty. They are atso responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preventson and detects.on of fraud and other irregularities. So far as the Trustees a aware, there is no leVant infomiation (infomiatn needed by the independent examiner in connection with preparing his report) of which the charity's examiner is unaware. and each Trustee has taken all the steps that he or she ought to have taken in ordef to make themselves aware of any relevant information aryj to establish that the examiner i% aware of that infomatKn. Indepondont Examiner lan Parkinson has signrfd his wtllingness lo contsnue in office and a resolution to re-apFoint him as examiner will be proposed at the forthcoming annual general meeting. Approved by the Trustees on 21 Seplernber 2024, and signed by order of th• Trustees by.. Adrian Moore, Trustee & Joint Church *tary
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to th• trustsesl , St Columba's Oxford Unrted Reforrned Chafity meMrn of | On account8 for th• y•ar , 31 December 2023 Charity no (If any) 1162e4',5 Sot out on pag•• I report to the trustees on my examination of the accounts of the above charity (fv Trusf) for the year ended 31112r2023 Re8pon•lbllltles and As the charity trustees of Trust, you are respmsible for the pparatIOn basls of report of the accounts in accordance with the requirements of Charit$ A 2011 ('the Act.). I report in respect of my examination ol the Trust's accounts carried out under section 145 of the 2011 Act and in caryirffJ out my examination, I have followed the applicable Directions given by the Chanty Commission under se(#ion 145(5){b) of the Aet. Independent I have Corneted my examinats'on. I confirni that no material matters have examiner's 8tat•m•nt come lo my attention {c*th•p") in connection with the examination which gives me cause to belv8 that In. any material respect.. accounting records were not kept in accordance with section 130 of the A(X or the accounts tjo not accord with the accountirKJ records I have rKJ COnmS and have come a¢yoss no 0r matters in connection with the examination to which attention should te drawn in order to enable a proper understanding of the accounts to be reached. ' Please delete the bwrds in Ihe br8ckets rfth6y (b not apply. 10912024 Signod: Dats: Name.. lan Pathinson October 2018
ST COLUMBA'S OXFORD UNITED REFORMED CHARITY STATEMENT OF FINANCIAL ACTIMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 Total 2023 Totsl 2022 Funds Fund5 INCOME Voluntsty Income Athvrt$ for G6fftratI Funds Investrneni Income 88.492 62.422 1.110 7.240 95.732 65.648 1.110 83.215 52.918 330 TOTAL INCOAIE 152.024 10466 162.490 136,463 EXPENDITURE C05t olgonoratlng fundB Charitable Actlvldes 145.403 16,473 161,876 136.372 TOTAL EXPENDITURE 145.403 16.473 161.876 136,372 6.621 16.(X171 614 91 Other Ro¢ognls•d GaInlL¢e8) N•t Mosm•nt In Fund5 6.621 16.1))7) 614 91 TrJn5fvw5 Bel0 Fund Net IrCn1Thg Resources Aftr Tra 6.621 16,C¥)71 614 91 TO1 Fund$ Brought Forwa 119.654 11.V 131.610 131,519 TOTAL FUNDS CARRIED FORWARD £126 275 £5 949 £132 224 £1 10 The 8¢¢0Urtbng w11S aTrYrntes on p8ses 7.9 ftpart oftho fin8$talentrts. Dethled ¢¢mwatNe twres forlhe SÈatmrtofFwwK1ActIts on 10. Page 5
ST COLUMBA'S OXFORD UNITED REFORMED CHARITY BALANCE SHEET AS AT DECEMBER 312023 2023 2022 Fixed assets Curr•nt Assots Debtors Cash at Bank and in Hand Deposit Accounts Cufrent Account 35.7 19,713 97.163 4.462 107,073 6.396 137.192 133.182 Current Llabilities Creditors". Falling due within one year I4.8) {1.572 Net Curront Assets 132.224 131.610 Total Assets £132,224 £131,610 Represented by.. Unrestricted Income Funds Restricted Income Funds 126,275 5.949 £132.224 119,654 11,956 £131.610 The Financial Statements on Pages 5 10 10 were approved by the Trustees on 21109r2024 and signed on their tehalf by Adrian Moore Trustee & Joint Church Secretsry (>ydon wd$ Trustee & Joint Church Se¢retary The acG¢)unting poliCS and notes on pages 7-10 fonn part ofthg financial statements. Page 6
ST COLUMBA% OXFORD UMITED REFORMED CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNnNG POLICIES Th• finanual ststements have been prepared accordanc• FRS 102. Ihe Far1 Repornng siandaol applicat48 in the UK and R¢puNic of Iland. and fv United RefOed Churc guwjance. arthJèL4 basts ol accountsry has baon o¢opte(1. and the prinrApal accwntiry F¢kns Set WyAf are aFphed consoter Unrestrifaed fund5 are availatye fDf use at the discretion of the church in lurthfrraw ol charrtabkn cWtNe¥. Restrided frJThJ$ arè subjerted to restrKkns on threxpenditure vnposed by the ¢jO, or contained In the terms of • 9rant Fwhold proFety. The Tnmtees ol the church and mafise trAJTldin95 arE VtssseK frustwtto hokl Ihem upon tru5tfor purposes conneded wth St Columba's UR¢. ExFditYr inGurred on the church aThJ rnaw is itten In tt year it is incurred. The insured valuo of the chwch buibJry$ l¥tAlfved Slr••t. I>AloNI OXI 4EH) s £3.348.42312022". £2.989.E631. 1d Incomin I volunt8ry gmng 1$ Incl in the finan 3taterne fr(the it rKpKA1. Donat under Grt AKJ plu$ the a880ciated tax re¢o¥ery are reEo9nwd as Incthme the donati reN•J. Legac are acfX)urrted 'r recept iq certain and cam be proty qu#ntrfEd. AJI other income o genIty recogni58d th t 15 teale. URC Ministry & miss Fd ccffjtrtJUb is pabj reguW and 15 in Ihe $laleM• kflh8 ar to thich rt &$. Resources ewended are recognBed in the in they are irKurred and irLKIe thbulab VAT which cannot be re¢o¥•rod. They are allocated lo the partrcular a¢tyty they rBtste. G0¥8rnanc8 Ix)Sts. rfany. rEprEsent expaThJrture on tPe gtsvernanc8 of the church, including ts prrJucbon and irthFendent scrutsny of these firwcial staterneftts As rn081 of the Managent and a¢b¥ty olthe cthurch 1% canied tyjt by volunteers. Ihe irt8ThJt4e cost * not in the financk81 5tstements a8 this ¥duntw ContribiCffj to Ihe lif• oflhe ¢hw¢h is wuL)le. 1fT As part ofthe th)rted RefOrT Church. the church i& an ex¢¢pt•a ¢harty lh8 oftho T•xe5 Acts. knrdirvJty rt i4 entiah¥ exempi fr(xm taXatn In resFÉCt of income pital gaS receNed to the extent that such irKThme orgair are appl to ex¢lusNely ch3ritab pu. No pro¥LSKn for laxathx bas teen made in Ihese financkql statements. Toial 2022 FuThls Funds 2023 2 VOLUNTARY INCOhlE Offertory Gran15 and donath)ns Legacies Other 45.452 39.280 10.5(K) 45.936 37.039 7.240 10. 240 88.492 9&732 83.215 3 ACTIVITIES FOR GENERATING FUNDS Chaplaincy Fund Hirir#J of church bU11n9$ 8.055 44.863 57,582 57.582 $2,918
ST COLUMBA'S OXFORD UNITED REFOIUAED CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Totsl 2022 Fund5 2023 4 INVESTMENT INCOME Depo&t interest 1.110 1.110 33D 1,110 1.110 330 S RESOURCES USED: CHARITABLE ACTMnES URC Ministy & KtssK)rt Furvj SFeaal Celections and dorwtKtir Propety costs Inole 61 Local mi$sion costs Outr8ach proJe¢t Other 34.662 34.669 7,240 2.852 65.882 5.269 27.745 355 7,240 82.982 1.136 8,097 24.291 403 16 73 161 136.372 6 PROPERTY COSTS Major $ysterns r•newa Maintenan¢ & utilrti85 Church caning & caretakiNJ Manse exFen8es (gr$> Church 8dminislr8tor & offic exFenses Insuranc8 20.522 23,435 13.117 3.029 19.842 3.037 23.435 13.117 23.830 6.842 6,327 15.298 19.842 3.037 81982 81982 .602 7 DESIGNATED AND RESThCTED FUNDS FuTrJ nam? Brrht Income ExperMléurE Transfw5 Car fv)ffir Unresttthdluthls General Centenary Apwal Ides) Buik1ing$ Iisl Insur8nt daim proceeds Ides) Emergtrncy ReseNe Id881 19,637 12.779 12.824 50.414 24.r 119.854 152.024 145.403 12,779 12.824 50.414 24.ctsj 126.275 152,024 144403 Restrictedfvnds Children and Farn¢$ Commitment for Lrfg Chaplaincy 237 7.240 7.240 9.233 16.4n 11.719 11,956 Chaplaincy Fund represents monies cdlected Set asJe lor Stni minvslry. rt was •JFeed %wlh the URC in 2013 that thi5 fiJnd. uld in fulure be Wit 80.40 9?r fvnd5 and Student. Ministry ui future. ryth etry hjncls to be d&restricts.. 25% ef ts Outreach Project cost1£8.097". 2022 £6,936) has charyed agairt the Fund in re5FeCt of tts $tudent outreach. Children & familits refer5 to lunds ratsed by a cdknlkjn dedted toxdrd5 4rrk wth afyy farnil. The Cent•nory Ful represents mons raed dunThJ and afterthe centenary year for use toward5 mafrx F¥oJe¢ts ift fiJlur8. Tho ottr dsignod r•serve8 are the emergency reser%È of £24.IKK) Ic. 3 monihs. noirnal ewdlurgl. the ir¢Surae. chim proe•eds Fund ar the Bulldiw FuTrJ deSvJfj to fijnd b)ng-temi buthlin9 w)rks. P3e 8
ST COLUAIBA'S OXFORD UNITED REFOfiMED CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 DECEMBER 2023 8 DEBTORS AT YEAR EK 2023 2022 URC TNst Ichaplaincy FuTrJl HMRC- undaimed Gift Ahl Amounts due from hirers Grants for Outreach woject Utility refund 2.577 15.510 1.558 5.511 35,567 19.713 9 CREDITORS DUE bMTHIN ONE YEAR 2023 2022 Utmities Athfan¢e hiring receipts Organots and PFeathry fees IDecl HMRC lincryne tax {natal in5urancel Agency Co1ctIOnS 1.210 160 .237 175 10. STAFF AND SALARIES The ¢hurth ernploy&l 1 fijll tsrne and part effplOYe in the Jar .. 1 w)d 111)n totsl gr055 8aLqrNys anfiuqli5ed 01 £51,02812022 £58,61. 11. APPEALS AND SPECIAL COLLECTIONS These are ¢dcted then paaj to the ow8ntkin cme any Gift AJ dawned. We a$ folltyts". 2022 Commitment Fw Lrfe Jchw8y Foundath oxfo Street Pas 7.240 52 2.652 12. TRUSTEES. REMUNERATION AMD EXPENSES e ofthe chh truswes recewl rneration the cthanty in 202312022." NIL). One trustea reimbursement ofexpense$ 01£37.' ewnses tdalin9 £2.448 l¢* K4"ninter in 2022. P¥Je 9
The previous yeafs SOFA is given here to the breakdown t*lween restncted and unrestiicted funds for 2022 ST COLUMBA'S OXFORD UNITED REFORMED CHARITY STATEMENT OF FINANCIAL ACTIMTIES FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestrictfjd Restrktgd Funds Funds Totsl 2022 INCOME Voluntary Income Acts'vitses fof Generating Funds Investment Income 83.215 49.6 330 83,215 52.918 330 Total Incoming Resourns 133,241 136.463 EXPENDITURE Cost of generatlng funds Charhable Acttvltles 127,824 136.372 TotalResources EYp•nded 127.824 136,372 Net Incoming Resources ore Transfers 5,417 (5.3261 91 Other RKognlsed GalnsllLosGes) Net Movement In Funds 5.417 (5.326) 91 Transtsrs Between Funds Net Incomlng Resources After Transf•rJ 5,417 {5,326) 91 Total Funds Brought FOard 114.237 17.282 131,519 TotslFunds Canled Fonvarnf £119.654 £11,956 £131,610 Page 10