Charity number: 1180241
(England and Wales)
OIKOS CHURCH
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 November 2020
OIKOS CHURCH Contents Page For the year ended 30 November 2020
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 8 |
| Detailed Statement of Financial Activities | 9 |
OIKOS CHURCH Report of the Trustees
For the year ended 30 November 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 November 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity OIKOS CHURCH Charity registration number 1180241 Principal address Fisher House 32 Mitcham Lane London SW16 6NW
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Icenil Marcos Scarabelli Ivanir Scarabelli Jhonatan Scarabelli
Approved by the Board of Trustees and signed on its behalf by
Jhonatan Scarabelli
.............................................................................
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OIKOS CHURCH Independent Examiners Report to the Trustees For the year ended 30 November 2020
There are no Examiners in this set of Client Accounts. Either remove the page or add examiners to the accounts.
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OIKOS CHURCH
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 November 2020
| Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Raising funds 4/5 Charitable activities 6/7 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 24,652 - 24,652 (18,741) (7,436) (26,177) (1,525) 2,071 546 |
2019 £ 31,808 5 |
|---|---|---|
| 31,813 | ||
| (16,328) (13,414) |
||
| (29,742) | ||
| 2,071 - |
||
| 2,071 |
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OIKOS CHURCH Statement of Financial Position As at 30 November 2020
| Notes | 2020 | 2019 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 546 | 2,071 | |
| 546 | 2,071 | ||
| Net current assets | 546 | 2,071 | |
| Total assets less current liabilities | 546 | 2,071 | |
| Net assets | 546 | 2,071 | |
| The funds of the charity | |||
| Unrestricted income funds | 12 | 546 | 2,071 |
| Total funds | 546 | 2,071 |
For the year ended 30 November 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
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with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
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records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
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OIKOS CHURCH Notes to the Financial Statements
For the year ended 30 November 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
OIKOS CHURCH meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received |
2019 2020 £ £ 31,808 17,228 - 7,424 31,808 24,652 |
|---|---|
3. Investment income
| Bank interest receivable | 2020 £ - - |
2019 £ 5 |
|---|---|---|
| 5 |
4. Expenditure on generating donations and legacies
| xpenditure on generating donations and legacies | ||
|---|---|---|
| Unrestricted funds Donations Sponsorships Support costs |
2020 £ 5,206 12 926 6,144 |
2019 £ 11,741 3,641 521 |
| 15,903 |
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OIKOS CHURCH Notes to the Financial Statements Continued
For the year ended 30 November 2020
5. Expenditure on other trading activities
| Unrestricted funds Fund raising events Sponsorship costs 6. Costs of charitable activities by fund type Unrestricted funds Support costs 7. Costs of charitable activities by activity type Activity 1 8. Analysis of support costs Governance costs 9. Net income/(expenditure) for the year This is stated after charging/(crediting): Accountancy fees |
2020 £ 12,597 - 12,597 2020 £ 7,436 2020 £ 7,436 2020 £ 8,362 2020 £ 2,900 |
2019 £ - 425 |
|---|---|---|
| 425 | ||
| 2019 £ 13,414 2019 £ 13,414 2019 £ 13,935 2019 £ 450 |
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OIKOS CHURCH Notes to the Financial Statements Continued
For the year ended 30 November 2020
10. Staff costs and emoluments
Total staff costs for the year ended 30 November 2020 were:
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Salaries and wages | - | 9,460 |
| - | 9,460 |
11. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
12. Movement in funds
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| General General Unrestricted Funds - Previous year General General |
Balance at 01/12/2019 £ 2,071 2,071 Balance at 01/12/2018 £ - - |
Incoming resources £ 24,652 24,652 Incoming resources £ 31,813 31,813 |
Outgoing resources £ (26,177) (26,177) Outgoing resources £ (29,742) (29,742) |
Balance at 30/11/2020 £ 546 |
| 546 | ||||
| Balance at 30/11/2019 £ 2,071 |
||||
| 2,071 |
13. Analysis of net assets between funds
| estricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 546 546 |
|---|---|
| 546 546 |
Unrestricted funds
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OIKOS CHURCH Notes to the Financial Statements Continued
For the year ended 30 November 2020
Previous year
| Previous year | |
|---|---|
| Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 2,071 2,071 |
| 2,071 2,071 |
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OIKOS CHURCH Detailed Statement of Financial Activities
For the year ended 30 November 2020
| INCOME AND ENDOWMENT Donations and legacies Donations Grants receivable Investments Bank interest receivable Total incoming resources EXPENDITURE Raising donations and legacies Donations Sponsorships Other trading activities Fund raising events costs Sponsorship costs SUPPORT COSTS Governance costs Governance costs Governance costs Total resources expended Net Expenditure |
£ 2020 17,228 7,424 24,652 - - 24,652 (5,206) (12) (5,218) (12,597) - (12,597) (926) (7,436) (8,362) (26,177) (1,525) |
£ 2019 31,808 - |
|---|---|---|
| 31,808 5 |
||
| 5 | ||
| 31,813 (11,741) (3,641) |
||
| (15,382) - (425) |
||
| (425) (521) (13,414) |
||
| (13,935) | ||
| (29,742) | ||
| 2,071 |
9 of 9 This page does not form part of the statutory financial statements