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2025-08-31-accounts

Ridgeway Community Church Report and Accounts Year ended 31st August 2025

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH

Report and Accounts For the year ended 31st August 2025

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS

Trustees

Mr William Bassett Mr Nigel Eady Mr Quillon K Harpham Mr Amal Joseph Mr Gareth Lloyd-Jones, Chair Mr Darrell Perrins, Treasurer Mr Martin B Shreeve

Charity registered number

1169035

Principal office

22 St. Mary's Street, Wallingford, Oxon, OX10 0EW

Independent Examiner

Rev’d. A. A. Clements MA, ACIB, FCIE

Bankers

Barclays, 2 Market Place, Wallingford, Oxon, OX10 0EJ

Fit and Proper Persons

It is considered that the Trustees and any others who could be understood as managers in the activities and affairs of the Ridgeway Community Church are considered to be 'fit and proper' persons under the terms of the Finance Act 2010 and have completed declarations confirming this. Newly appointed Trustees and any others re-appointed as Trustees after a period of absence are given the opportunity to be thoroughly briefed as to the present position of the Ridgeway Community Church and its future plans on taking up their appointment. Trustee training is available as and when required.

Page 1

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2025

The Trustees present their annual report together with the financial statements of Ridgeway Community Church (the charity) for the year ended 31 August 2025. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP). The charity has opted to report under the provisions of the Financial Reporting Standard for Smaller Entities (FRSSE).

Structure, Governance and Management

A. CONSTITUTION

The charity is a CIO (Charity Incorporated Organisation).

B. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution. There were no changes to the Trustees this year.

C. ORGANISATIONAL STRUCTURE AND DECISION MAKING

The charity is administered by the church Elders. All the Trustees (excluding the Treasurer) are Elders. The Elders meet monthly with additional meetings being arranged as and when required. The Treasurer is responsible for administering the financial resources of the charity on a day to day basis. In this task he is assisted by two Assistant Treasurers, one for each church within the charity. The Assistant Treasurers are not Trustees of the charity.

D. EMPLOYEES

The church employed 9 people at the balance sheet date (prior year 9), three full-time, the rest part-time. One of the full-time employees is seconded for part of his time to the Kinetic Network (UK charity 1175938), Kinetic Network pay for this proportion of his employment costs. Three Trustees are also employees, these are the pastors responsible for each church (Wallingford and Didcot) and the Associate Pastor at Wallingford. Employed trustees work as pastors and are paid for that service. This is permitted under the CIO governing document. The salaries paid to the three pastors are only for their pastoral duties and do not include any payments in respect of their being trustees of the Ridgeway Community Church charity. Two part-time employees are the wives of trustees. It is confirmed that no employee received a salary in excess of £60,000 for the year.

The church has a remuneration committee, made up of finance and trustee members. This committee meets annually to set church employee remuneration and when required to discuss and approve any interim pay changes or the pay levels for new roles. Remuneration Committee membership excludes employed trustees and trustees who's wives are employed by the charity.

The charity relies heavily on volunteers who do much of the work in supporting both the church and our work with the community. The trustees gratefully acknowledge this, without our volunteers the

Page 2

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report

For the year ended 31st August 2025

Objectives and Activities

A. OBJECTIVES

The principal object of the charity is the advancement of the Christian religion and the relief of those in need, in accordance with the teachings of Jesus Christ. The Trustees declare that they have had regard to the guidance issued by the Charity Commission on public benefit and are satisfied that the charity fulfils the criteria. This is considered in more detail in the next section.

B. ACTIVITIES FOR ACHIEVING OBJECTIVES

(including consideration of public benefit)

The charity functions as two churches, one based in Wallingford and one in Didcot. These hold services each Sunday (open to all) and serve the local community. Community engagement is via the Fountain Community Hub, the Community Fridge and various community groups that use our facilities. In addition we support Wallingford Street Pastors, the CAP Debt Centre (Wallingford and Didcot), and the Wallingford Food Bank.

The Community Hub

As outlined in previous reports, the charity converted what was previously a bookshop into a Coffee Shop and Community hub in 2021. The Hub is run by a committee with four members, including one trustee. It employs two part-time staff with the remainder of the work being covered by volunteers. The Cafe attracts a broad range of local groups and individuals, some with significant needs. Staff have undergone training in dealing with vulnerable adults and first aid in addition to Food Hygeine and Food Safety. The cafe holds a 5 star hygiene rating from the local inspector.

The Community Fridge also operates from the Community Hub premesis.

The coffee shop element of the Hub runs on donations, with customers donating whatever they feel is appropriate. The operation makes a net loss (£15k in 2024/25) which is covered by the charity including some external support grants. We see this as money well spent on supporting the local community.

Grants paid

The charity continues to support various overseas charities both financially and with leadership guidance. These include Pastors in India, Jews for Jesus (Germany), Open Doors, and the Message Trust (South Africa). The charity also supports CAP (Christians Against Poverty debt service), both financially and with volunteer staff. A full list of external giving is provided within the accounts.

Beacon Youth Project

This project has run for many years, supporting local youth in Wallingford via an outreach worker supported by the church and a grant from the local town council. In 2025 the worker resigned from the position and we took the decision to close this operation as another charity had recently set up in the town offering similar services.

Kinetic Network

Seeking to work more closely with other similar churches, we have partnered with a group of like minded churches to form the Kinetic Network. This is a loose association, where best practise can be disseminated and expert resources shared. Our Senior Pastor and Trustee - Gareth Lloyd-Jones has

Page 3

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2025

C. RISK ASSESSMENT AND POLICIES

The charity maintains written policies on: - Risk Managemnt

Risk assessments are carried out on both the church building owned in Wallingford and the facilities we rent for the Didcot congregation. An Accident Book is maintained and health and safety issues are timetabled for discussion at Trustees meetings.

If any conflcits of interest arise, the impacted Trustee leaves the meeting while the subject is discussed and decisions are reached, being informed of the outcome on returning, but not the details of the discussion.

The contents and obligations of the Equality Act 2010 and the 2018 General Data Protection

Regulation are known and complied with to the best of the charity's ability. The charity is aware of its responsibilities in respect of the Regulatory Reform (Fire Safety) Order 2005 in its requirement to carry out a fire assessment to identify any possible dangers and risks, to take action to minimise the risks and to create a plan to deal with any emergencies, and also to write up and keep a record of its findings and to review its assessment annually. The charity has appointed Timothy Sugar (Centre Manager) to be the responsible person to put these things into operation. During the reporting year the electrical systems in our owned buiding in Wallingford were professionally reviewed and upgraded to ensure they met the current and foreseeable electrical equipment standards. There is a Safeguarding Policy in place in respect of children and vulnerable adults. Checks have been and are made with the Disclosure and Barring Service in respect of persons dealing regularly with young people and vulnerable adults. The appointed officer for this is Grant Mottram (who is based in Wallingford), assisted by Amy Ogle (who is based in Didcot). All those who work with children are required to attend local Authority Safeguarding training.

Whilst it is impossible to eliminate all risks and their consequences, efforts are constantly made to minimise such occurrences.

Financial Review

A. Income and Expenditure

The accounts of the charity are presented in the following pages.

Income

Income was up on the previous year (£322k vs £305k), which came from increased church member contributions.

Expenses

Expenses were similar to the prior year (£314k vs £317k). Within this grant making increased (detail on page N13) and we spent less on equipment after heavy spending last year to replace worn out furniture and AV equipment.

Net Income

There was a small surplus of £8k in 2024/25, the previous year had been a deficit of £12k. This was mainly driven by the increased income against a net flat expenditure year over year.

Page 4

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2025

Balance Sheet

Cash balance increased by £17k. The closing cash balance (£121k) is comfortably ahead of our reserves policy. The trustees were planning some significant investments in building maintenance in 2024/25, in the event these will now occur early in 25/26 and the charity expects to report a deficit next year as a result and to run cash down to a number closer to the reserves required level. The church building was revalued again this year to bring it into line with the insurance valuation, the previous revalution having been in 2019. The revaluation £454k was taken directly to reserves.

Looking ahead

As noted last year we have employed an Associate Pastor to take on some of the leadership duties relinquished by our Senior Pastor, now he is being seconded part-time to Kinetic Network. It is gratifying that the church membership have stepped up their giving to cover this increased cost and we are able to look ahead to the future with confidence in our finances

As noted under Balance Sheet, we plan some major building maintenance expenditure early in 2025/26 and investment in improved AV systems at both church, required both to responsibly maintain our physical assets and to support growing activity levels, especially in the fast growing congregation in Didcot.

B. GOING CONCERN

The trustees have confidence in classifying the charity as a going concern. We have a robust balance sheet and a committed membership.

C. INVESTMENT POLICY AND PERFORMANCE

No investments are held by the charity at the reporting date.

D. RESERVES POLICY

The charity reserves policy is to aim to maintain reserves at around 3 months worth of spending. Currently this would amount to about £78k. At year end the total bank balance is £121k. The charity plans to use this excess of reserves to invest in community support as outlined above

Future Developments

The staff changes outlined in last years report have been achieved with our membership of Kinetic Network and employment of an Associate Pastor in Wallingford.

In Didcot a new leadership team is supporting the Pastor and we are assessing if any of them should become Trustees of the charity.

The closure of the Beacon Youth Project has left a gap in our support offered to local young people and we are working with a partner church (Wallingford Baptists, UK charity 1132946) on a new youth initiative that aims to provide a safe space for providing support to this group.

The congregation in Didcot is growing rapidly and we have invested in additional admin support for the leadership there to free them up for pastoral work with those in need.

The trustees are grateful that due to the on-going support of the church members, we are in a position to invest in additional staff time and activity to support those in need, both in our church membership and the local community.

Approved by the trustees and signed on their behalf by

Gareth Lloyd-Jones 25/11/2025

G Lloyd-Jones, Chairman of Trustees

Page 5

Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Independent Examiners Report For the year ended 31st August 2025

Page 6

Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
Charity No
(if any)
1169035
Period start date
01/09/2024
To
Period end
date
31/08/2025
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES
ae
Section A Statement of financial activities Section A Statement of financial activities Section A Statement of financial activities
Recommended categories by
activity
Incoming resources (Note 3)
Guidance Notes Unrestricted
funds
£
F01
Unrestricted Restricted
income
funds
£
F02
Restricted Endowment
funds
£
F03
Total funds
£
F04
Prior year
funds
£
F05
Income and endowments from:
Donations and legacies S01 281,484 - - 281,484 262,300
Charitable activities S02 34,863 5,686 - 40,549 42,842
Other trading activities S03 - - - -
Investments S04 - - -
Separate material item of income S05 - - - -
Other S06 - - - -
Total S07 316,347 5,686 - 322,033 305,142
Resources expended (Note 6)
Expenditure on:
Raising funds S08 - - - - -
Charitable activities S09 274,024 5,686 - 279,710 289,775
Separate material item of expense S10 31,574 2,684 - 34,258 27,524
Other S11 - - - - -
Total S12 305,598 8,370 - 313,968 317,299
Net income/(expenditure) before investment Net income/(expenditure) before investment
gains/(losses) S13 10,749 - - 2,684
-
- 8,065 - 12,157
-
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 10,749 - - 2,684
-
- 8,065 - 12,157
-
Extraordinary items S16 - - - - -
Transfers between funds S17 - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 10,749 - - 2,684
-
- 8,065 - 12,157
-
Reconciliation of funds:
Total funds brought forward S21 1,566,074 8,684 - 1,574,758 1,586,915
Total funds carried forward S22 1,576,823 6,000 - 1,582,823 1,574,758

Page 7

Section B Balance sheet

Fixed assets
Intangible assets (Note 15)
Tangible assets (Note 14)
Heritage assets (Note 16)
Investments (Note 17)
Total fixed assets
Current assets
Stocks (Note 18)
Debtors (Note 19)
Investments (Note 17.4)
Cash at bank and in hand (Note 24)
Total current assets
Creditors: amounts falling due within
one year (Note 20)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 20)
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds (Note 27)
Restricted income funds (Note 27)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees
Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10

B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21
Unrestricted
funds
£
F01
-
1,898,959
-
-
Restricted
income
funds
£
F02
-
-
-
Endowment
funds
Total this
year
£
£
F03
F04
-
-
-
1,898,959
-
-
- -
Total last year
£
F05
-
1,452,071
-
-
1,898,959 - -
1,898,959
1,452,071
-
17,992
114,797
-
6,000
-
-
- 17,992
-
-
-
120,797
-
21,726
103,514
132,789 6,000 -
138,789
125,240
2,553
505 - - 505
132,284 6,000 -
138,284
122,687
2,031,243 6,000 -
2,037,243
1,574,758
-
-
- -
-
- -
-
-
2,031,243 6,000 -
2,037,243
1,574,758
-
2,031,243
6,000 -
6,000
- 2,031,243
-
-
8,684
1,566,074
-
2,031,243 6,000 -
2,037,243
1,574,758
Signature*
Gareth Lloyd-Jones
Darrell Perrins
Gareth Lloyd-jones
(Chairman)
Darrell Perrins (Treasurer)
Print Name
Date of
approval
dd/mm/yyyy
30/11/2025
30/11/2025

Page 8

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities
and with* preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by  FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
Disclosure of any uncertainties that make the
going concern assumption doubtful;
An explanation as to those factors that support
the conclusion that the charity is a going
concern;
None

The charity has been funded by donations and charitable activity
income for >60 years. There is no evidence to suggest this position
will change in the foreseeable future.
Not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2

Yes*
Yes to "represent a fair view". No to "change in accounting policy"
No*
Please disclose:
(i) the nature of the change in accounting policy; None
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.

Page 9

Section C Notes to the accounts

Note 1 continued

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes  No

Please disclose:

(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

==> picture [547 x 276] intentionally omitted <==

----- Start of picture text -----
Yes
No

Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
----- End of picture text -----

Page 10

Section C Notes to the accounts (cont)

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in accounting policy

No changes to accounting practises or policies to report

Reconciliation of funds per previous GAAP to funds determined under FRS 102

Start of End of period period £ £

Fund balances as previously stated Adjustments:

Fund balance as restated

0 0

Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

2019/20 £

Net income/(expenditure) as previously stated

Adjustments:

Previous period net income/(expenditure) as restated

0

Page 11

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income

These are included in the Statement of Financial Activities (SoFA) when:

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Offsetting

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).

Grants and donations

In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).

Legacies

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

The charity has received government grants in the reporting period

Government grants

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Tax reclaims on donations and gifts

Contractual income and performance related grants

This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated goods

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.

Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Support costs The charity has incurred expenditure on support costs.

Yes No N/a
Yes No
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a

Page 12

Section C Notes to the accounts (cont)

Note 2 continued Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Basic financial
instruments
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
Deferred income
No material item of deferred income has been included in the accounts.
Creditors
The charity has creditors which are measured at settlement amounts less any trade
discounts
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost
The charity made no redundancy payments during the reporting period.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, e.g. allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Page 13

Section C Notes to the accounts (cont)

Note 2 continued Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

2.4 ASSETS

Intangible fixed assets
Heritage assets
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Debtors
Current asset
investments
Stocks and work in
progress
Investments
Tangible fixed assets
for use by charity
£5,000
Yes
No
N/a


Yes
No

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

They are valued at fair value except where they qualify as basic financial instruments.
2.4 ASSETS
Tangible Fixed Assets
The church building is valued at insurance valuation and is not depreciated. Last valuation was in 2025.
Spend on building improvements has been capitalised and depreciated. Spend relates to a new kitchen and
community cafe. This is being depreciated over 10 years, straight-line basis.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
[Note, Church building valued at insurance valuation, other fixed assets at cost]
The depreciation rates and methods used are disclosed in note 2.4 bottom of this page.

Page 14

Section C Notes to the accounts (cont)

Note 3 Analysis of income

==> picture [553 x 644] intentionally omitted <==

----- Start of picture text -----
Restricted
Unrestricted income Endowment
Analysis funds funds funds Total funds Prior year
Donations and Donations and gifts 228,390 - 228,390 210,691
legacies: Gift Aid 47,094 - 47,094 46,709
Legacies - - -
General grants provided by government/other
charities 6,000 - 6,000 4,900
Membership subscriptions and sponsorships which
are in substance donations - - -
Donated goods, facilities and services - - - -
Other - - - -
Total 281,484 - - 281,484 262,300
Charitable Fountain Community Hub 12,399 - 12,399 12,402
activities: Beacon Youth Project - 5,686 - 5,686 12,839
Ukrainian English Lessons - - -
Church building use by local groups 21,996 - 21,996 17,496
Other 468 - 468 105
Total 34,863 5,686 - 40,549 42,842
Other trading - - - - -
activities: Other - - - - -
Total - - - - -
Income from - - - - -
investments: Other - - - - -
Total - - - - -
Separate - - - -
material item of - - - - -
income: Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held for
charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 316,347 5,686 - 322,033 305,142
Other information:
All income in the prior year was unrestricted except for: (please
Grants from Wallingford Town Council for youth project £5,686
provide description and amounts)
Where any endowment fund is converted into income in the reporting
N/A
period, please give the reason for the conversion.
Within the income items above the following items are material:
N/A
(please disclose the nature, amount and any prior year amounts)
----- End of picture text -----

Page 15

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1
Government grant 2
Government grant 3
Other
Please provide details of any unfulfilled
conditions and other contingencies
attaching to grants that have been
recognised in income.
Please give details of other forms of
government assistance from which the
charity has directly benefited.
Total
N/A
The charity received two grants from Wallingford Town
Council, funding for Beacon Youth Project. Disclosed
under 'charitable activities' and note on page N3.
Description
This year
Last year
£
£
- -
- -
- -
- -
- -

Page 16

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Fundraising agents
Analysis of expenditure on charitable activities
Other information:
TOTAL EXPENDITURE
Total other expenditure
Investment management costs:
Incurred seeking donations
Expenditure on
charitable
activities
Community Hub & Café
Operating a trading company undertaking
non-charitable trading activity
Investment administration costs
Church activities
Operating charity shops
Total expenditure on charitable activities
Other
Total expenditure on raising funds
Total
Beacon Youth Project
Separate
material item of
Grants made
Church building use by local groups
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating new
source of future income
Rent collection, property repairs and
maintenance charges
Operating membership schemes and social
Staging fundraising events
Database development costs
Other trading activities
Analysis
Portfolio management costs
Intellectual property licencing costs
Cost of obtaining investment advice
Expenditure on
raising funds:
Incurred seeking legacies
Incurred seeking grants
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
-
- -
- - - -
-
- - - -
-
- - - -
-
- - - -
-
- - - -
-
- - - -
-
27,387
- 27,387
33,409
1,895
5,686
- 7,581
21,100
37,452
- 37,452
42,639
-
- -
207,290
- 207,290
192,627
274,024 5,686
- 279,710
289,775
31,574
2,684
- 34,258
27,524
- -
-
- -
31,574 2,684
- 34,258 27,524
- -
-
- -
- -
-
- -
- - - -
-
305,598
8,370
-
313,968
317,299

==> picture [448 x 136] intentionally omitted <==

----- Start of picture text -----
Grant
Activity or funding Support Total this Total
Activities undertaken directly
programme of Costs year prior year
activities
£ £ £ £ £
Other
Total
Prior year expenditure on charitable activities can be
analysed as follows:
Within the expenditure items above the following
items are material: (please disclose the nature, None
amount and any prior year amounts)
----- End of picture text -----

Page 17

Section C Notes to the accounts (cont)

Note 9 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

==> picture [578 x 349] intentionally omitted <==

----- Start of picture text -----
Basis of
Raising funds Salaries Prof Services Other Grand total allocation
Support cost (Describe
(examples) £ £ £ £ £ method)
Allocated to
Administration - 9,018 2,094 1,656 12,768 'Church Activities'
in full
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - 9,018 2,094 1,656 12,768
----- End of picture text -----

Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

Total Administration costs were £12.7k (£9.0k in 2023/24). This accounts for 4.1% of total expenditure (2.8% in 2024/25). YoY increase due to additional part-time staff member to cover Admin for our Didcot church. Admin costs are identified in the accounts via secondary accounts coding on costs in the general ledger.

Page 18

Section C Notes to the accounts (cont)

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent examiner
Independent examiner’s fees
Assurance services other than audit or independent examination
Tax advisory fees
This year
Last year
£
£
0
200
0
0
0
0
0
0

Fees for independent examination were waived this year (relating to 23/24 accounts).

Page 19

Section C Notes to the accounts (cont)

Note 11 Paid employees

11.1 Staff Costs

This year This year Last year
£ £
Salaries and wages 152,605 149,254
Social security costs 7,962 7,361
Pension costs (defined contribution scheme) 12,030 13,995
Other employee benefits 11,207 18,346
Total staff costs 183,804 188,956
Please provide details of expenditure on staff working for the charity whose None
contracts are with and are paid by a related party

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

provided. provided.
No employees received employee benefits (excluding employer pension
costs) for the reporting period of more than £60,000 TRUE
Band Number of employees
£60,000 to £69,999 0
£70,000 to £79,999 0
£80,000 to £89,999 0
£90,000 to £99,999 0
£100,000 to £109,999 0
Please provide the total amount paid to key
management personnel (includes trustees and £143,874
senior management) for their services to the charity This relates to the four staff who are responsible for managing others
11.2 Average head count in the year This year
Number
Last year
Number
The parts of the charity in which the employees Fundraising -
-
work Charitable Activities 8.8 8.9
Governance -
-
Other -
-
Total 8.8 8.9

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made. Please explain the nature of the payment

None

Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)

11.4 Redundancy payments Please complete if any redundancy or termination payment is made in the period. Total amount of payment None The nature of the payment (cash, asset etc.)

The extent of redundancy funding at the balance sheet date Please state the accounting policy for any redundancy or termination payments

Page 20

Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Amount of contributions recognised in the SOFA as an expense

12,030

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

A small portion of the expense (£388) is allocated against restricted funds grant income for youth work. This represents a proportion of the pension costs for the associated youth worker.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity

No defined benefit plan N/A

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan

N/A

Page 21

Section C Notes to the accounts (cont)

Note 13 Grant making

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

13.1 Analysis of grants paid (shown as Separate material item of expense)

==> picture [529 x 153] intentionally omitted <==

----- Start of picture text -----
Analysis Grants to institutions Grants to individuals Support costs Total
Wallingford & Didcot CAP 12,051 12,051
Jews for Jesus 6,250 6,250
The Message Trust 5,000 5,000
Indian Pastor Support 3,410 3,410
Open Doors 2,693 2,693
Ukraine 2,684 2,684
Kinetic Network 2,000 2,000
Others 170 430 600
Total 30,848 3,840 0 34,688
----- End of picture text -----

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.2 Grants made to institutions

Yes
Names of institution
Wallingford & Didcot CAP
cap.org.uk
Jews for Jesus
jewsforjesus.org
The Message Trust
message.org.za
Open Doors
opendoorsuk.org
Ukraine
europeanmission.org
Kinetic Network
kineticnetwork.org
TOTAL GRANTS PAID
Other unanalysed grants
A family of church leaders who help one
another with teaching, preaching, mentoring,
training, leaders’ days, accountability, support,
friendship and prayer.
Total grants to institutions in reporting period
A christian charity working in Ukraine via local
staff. This grant clears the remaining funds
from the now closed English Lessons for
Ukrainian Refugees program.
Provides free debt counselling in the UK
Community partnerships in South African
Townships
My charity has made grants to particular institutions that are material in the context of
its grant making. Details of the institution supported, purpose of the grant and total
paid to each institution is available on the charity's web site.
Purpose
Works in over 60 countries, training church
leaders, practical support and emergency
relief. Supporting Christians who are
persecuted.
Working with Jewish communities in 18 cities.
We support work in Berlin
Please provide
details of charity's
URL.
Provide details
below
Total amount of
grants paid £
12,051
6,250
5,000
2,693
2,684
2,000
-
30,678
4,010
34,688

Page 22

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

Freehold land &
buildings
Other land &
buildings
£
£
Beginning of the year
1,399,342 -
Additions
- -
Revaluations
454,421 -
Disposals
- -
Transfers
- -
At end of the year
1,853,763 -
Basis- Straight Line ("SL")
or Reducing Balance ("RB")
SL or RB
SL or RB
Rate
Beginning of year
- -
Disposals
- -
Depreciation
- -
Impairment
- -
Transfers

- -
At end of the year
- -
NBV Beginning
1,399,342 -
NBV End
1,853,763 -
14.4 Impairment
14.5 Revaluation
The name of independent valuer, if applicable
The carrying amount that would have been recognised had the assets
been carried under the cost model.
(i) Please state the amount of borrowing costs, if any, capitalised in
the construction of tangible fixed assets and the capitalisation rate
used.
The methods applied and significant assumptions
Please provide a description of the events and circumstances
that led to the recognition or reversal of an impairment loss.
If an accounting policy of revaluation is adopted, please provide:
The effective date of the revaluation
14.3 Net book value
14.2 Depreciation and impairments
14.6 Other disclosures
(ii) Please provide the amount of contractual commitments for the
acquisition of tangible fixed assets.
(iii) Details of the existence and carrying amounts of property, plant
and equipment to which the charity has restricted title or that are
pledged as security for liabilities.
Freehold land &
buildings
Other land &
buildings
£
£
1,399,342 -
- -
454,421 -
- -
- -
Plant, machinery
and motor vehicles
Fixtures, fittings and
equipment
Total
£
£
£
- 75,328 1,474,670
- - -
- - 454,421
- - -
- - -
1,853,763 - - 75,328 1,929,091
SL or RB
SL or RB
SL or RB
SL
- 22,599 22,599
- - -
- 7,533 7,533
- - -
- - -
- - - 30,132 30,132
1,399,342 -
1,853,763 -
- 52,729 1,452,071
- 45,196 1,898,959
None
0
Freehold building : 31/08/2025
Taken from insurance value
£854,843. This is the cost at point of transfer from the
previous unincorporated charity on 01/03/2018
0
0

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

Page 23

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
This year
Last year
£
£
0
0
17,992
21,726
17,992
21,726

Total

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors

Total This year
Last year
£
£
0
0
0
0
0
0
0
0
0
0

Page 24

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
This year
Last year
This year
Last year
£
£
£
£
- 1,868 - -
- - - -
505 685 - -
- - - -
- - - -
- - - -
- - - -
Amounts falling due
within one year
Amounts falling due after
more than one year
505 2,553
- -

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

Grant from Wallingford Town Council for Beacon Yotuth project. This is paid in two 6 month installments. The second payment each year covers one month that falls into the next financial year, so 1/6 of the grant is deferred from income. It is released once the service has been provided in the following year. This grant is no longer receivable as the related youth project is no longer running.

Movement in deferred income account
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
This year
Last year
£
£
1,868 500
- 1,868
- 1,868 - 500
- 1,868

Page 25

Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (e.g. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.

No loans, no large creditors or debtors that may have a material impact if not paid.

N/A

22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here.

Page 26

Section C Notes to the accounts (cont)

Note 23 Contingent liabilities and contingent assets

23.1 Contingent liabilities

Where the charity has contingent liabilities, please complete the following section unless the possibility of their existence is remote.

Description of item including its legal nature. Please Estimate of financial effect describe any security provided in connection to the liability. The charity enterred into a partnership with Wallingford £21,000 Emergency Foodbank (WEF), UK charity 1169402. This Being 6/10 of the initial potential liability of £35,000. This was to convert the existing bookshop area in the charity's will continue to reduce by 1/10 of £35,000 each year freehold building into a Community Hub, consisting of a until exhausted. kitchen and café area. WEF agreed to contribute £35,000 to the cost (just under half the expected total) in exchange for shared use of the kitchen area for client training and home skills development. If the charity fails to provide access to the kitchen a reducing balance of the grant paid would be refundable to WEF depending on time elapsed up to 10 years maximum. The trustees consider this an extremely unlikely scenario, however the possibility of this liability is disclosed here.

23.2 Contingent assets

Where the charity has contingent assets, please complete the following section when their existence is probable

Description of item Estimate of financial effect

23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:

Explain any uncertainties relating to the amount or timing of settlement; and the possibility of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact

CC17a (Excel)

02/12/2025

27

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Other
Cash at bank and on hand
Total
Short term cash investments (less than 3 months maturity date)
Short term deposits
This year
Last year
£
£
- -
- -
120,797 103,514
- -
120,797 103,514

Page 28

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

No significant risk. Largest debtor is HMRC for Gift Aid waiting to be claimed (GA is £16,711 of £17,992 total debtors).

All debtors listed on the balance sheet have paid at date these accounts were prepared (October 2025)

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

Page 29

Section C Notes to the accounts (cont)

Note 26 Events after the end of the reporting period

Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

Please provide details of the nature of the event

Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made

==> picture [249 x 156] intentionally omitted <==

----- Start of picture text -----
None
----- End of picture text -----

Page 30

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

==> picture [572 x 238] intentionally omitted <==

----- Start of picture text -----
Type Fund Fund
PE, EE balances Gains balances
R or Purpose and Restrictions brought Expenditur and carried
UR * forward Income e Transfers losses forward
Fund names £ £ £ £ £ £
Beacon Youth support R Wallingford Town Council support for 0 5,686 -7,580 1,894 0
Detached youth work in the town 0 0
0 0
Church Member Donations R To be kept for the possible future purchase 6,000 6,000
of a building for our church in Didcot 0 0
0 0
Ukrainian English Lessons R Funding for teacher salaries and 2,684 -2,684 0
educational equipment costs to provide 0
free English lessons to Ukrainian refugees 0
in Oxfordshire. 0
0
0
0
Total Funds 8,684 5,686 -10,264 1,894 0 6,000
----- End of picture text -----

Notes:

Beacon Youth Project closed in 2025, more information is included in the Trustees Report.

The English Lessons for Ukrainians work was closed down due to demand having been fulfilled. Most of our clients having found work in the UK. The charity paid the remaining funds (£2.7k) to a charity working directly in Ukraine. Having spent time with two of their Ukrainian staff when they visited the UK, it was felt

Page 31

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

==> picture [572 x 238] intentionally omitted <==

----- Start of picture text -----
Type Fund Fund
PE, EE balances Gains balances
R or Purpose and Restrictions brought Expenditur and carried
UR * forward Income e Transfers losses forward
Fund names £ £ £ £ £ £
Beacon Youth support R Wallingford Town Council support for 0 12,839 -21,100 8,261 0
Detached youth work in the town 0 0
0 0
Church Member Donations R To be kept for the possible future purchase 6,000 6,000
of a building for our church in Didcot 0 0
0 0
Ukrainian English Lessons R Funding for teacher salaries and 2,684 2,684
educational equipment costs to provide 0
free English lessons to Ukrainian refugees 0
in Oxfordshire. 0
0
0
0
Total Funds 8,684 12,839 -21,100 8,261 0 8,684
----- End of picture text -----

Notes:

Beacon Youth Project income fell due to long term sickness of our Wallingford Youth Worker. Costs remained static leading to a significant deficit on this work (£8.3k). This was covered by a transfer from general funds.

The English Lessons for Ukrainians work was closed down due to demand having been fulfilled. Most of our clients having found work in the UK.

The charity will look for an appropriate use for the remaining funds (£2.7k) for work amongst UK based Ukrainians or donated to a charity working in Ukraine.

Page 32

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

==> picture [574 x 182] intentionally omitted <==

----- Start of picture text -----
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and Excess cost over restricted fund income for Beacon Youth Work. The
restricted funds shortfall has been made up by a transfer from general funds. This 1894
brings the carried forward balance to zero.
Between endowment and
restricted funds
Between endowment and
unrestricted funds
----- End of picture text -----

27.4 Designated funds

Planned use Purpose of the designation Amount

Page 33

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

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