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 ............................................................................. 1 of 9 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. 2 of 9 ## 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**| 3 of 9 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. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting - 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: 4 of 9 ## 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**| 5 of 9 ## 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| 6 of 9 ## 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** 7 of 9 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**| 8 of 9 ## 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