Charity registration number: 1189721 ## Oakhanger Project Annual Report and Financial Statements for the Year Ended 31 December 2021 Ardross Accountancy and Tax Services Ltd Ardachaidh Ardross Alness IV17 0YD ## **Oakhanger Project** ## **Contents** **----- Start of picture text -----**
Reference and Administrative Details 1
Trustees' Report 2
Examiner's report 3
Statement of financial activities 4
Balance Sheet 5
Notes to the financial statements 6 to 9
**----- End of picture text -----**
The following page does not form part of the statutory financial statements: Statement of financial activities per fund 10 ## **Oakhanger Project** ## **Reference and Administrative Details** |**Charity name**|Oakhanger Project| |---|---| |**Charity registration number**|1189721| |**Principal office**|Oakhanger Community Church Centre| ||The Methodist Church| ||Butterton Lane| ||Oakhanger| ||Crewe| ||CW1 5UU| |**Registered office**|Oakhanger Community Church Centre| ||The Methodist Church| ||Butterton Lane| ||Oakhanger| ||Crewe| ||CW1 5UU| |**Trustees**|Mr Peter Morris, Treasurer| ||Ms Annabel Roberts| ||Mr Brian Stafford| ||Ms Elizabeth Richardson| ||Mr Graham Bushill| ||Mr Michael Oliver| ||Mr Jonathan Masters| ||Reverend Robert Hilton| |**Bankers**|Natwest Bank| ||Crewe| |**Accountant**|Ardross Accountancy and Tax Services Ltd| ||Ardachaidh| ||Ardross| ||Alness| ||IV17 0YD| Page 1 ## **Oakhanger Project Trustees' Report** The Trustees Report should go here. Switch to Edit mode, click "Edit" above this report window to change to Edit mode. Approved by the Trustees on 30 March 2022 and signed on their behalf by: ......................................... Mr Graham Bushill Trustee Page 2 ## **Accountants' Report to the Trustees on the Unaudited Financial Informa�on of Oakhanger Project** In accordance with the engagement letter dated 4 January 2021, we have prepared for your approval the financial information of the charity for the year ended 31 December 2021 which comprises of the Statement of Financial Activities, and the related notes from the entity's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. This report is made solely to you, in accordance with the terms of our engagement letter dated dated 4 January 2021. Our work has been undertaken solely to prepare for your approval the financial information of Oakhanger Project and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical release TECH08/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trustees for our work or for this report. You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information. ......................................... Ardachaidh Ardross Accountancy and Tax Services Ltd Ardross Alness IV17 0YD 30 March 2022 Page 3 ## **Oakhanger Project** ## **Statement of Financial Activities for the Year Ended 31 December 2021** |**Note**
**Incoming resources**
Incoming resources from generated funds
Voluntary income
2
Activities for generating funds
3
Total incoming resources
**Resources expended**
Costs of generating funds
Fundraising trading: cost of goods sold and other
costs
4
Governance costs
4
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**£**
3,758
5,866
9,624
10,554
(144)
10,410
(786)
10,456
9,670|**Total Funds**
**Year ended**
**31**
**December**
**2021**
**£**
3,758
5,866
9,624
10,554
(144)
10,410
(786)
10,456
9,670|**Total Funds 2**
**9 May 2020**
**to**
**31**
**December**
**2020**
**£**
17,141
376| |---|---|---|---| ||||17,517| ||||6,917
144| ||||7,061| ||||10,456
-| ||||10,456| All incoming resources and resources expended derive from continuing activities. The charity has no recognised gains or losses for the year other than the results above. The notes on pages 6 to 9 form an integral part of these financial statements. Page 4 ## **Oakhanger Project** ## **Balance Sheet as at 31 December 2021** |||**31 December 2021**|**31 December 2021**|**31 December 2020**|**31 December 2020**| |---|---|---|---|---|---| ||**Note**|**£**|**£**|**£**|**£**| |**Current assets**|||||| |Cash at bank and in hand|||9,670||10,600| |**Creditors: Amounts falling due**|||||| |**within one year**|7||-||(144)| |**Net current assets**|||9,670||10,456| |**Net assets**|||9,670||10,456| |**The funds of the charity:**|||||| |**Unrestricted funds**|||||| |Unrestricted income funds|||9,670||10,456| |**Total charity funds**|||9,670||10,456| Approved by the Board on 30 March 2022 and signed on its behalf by: ......................................... Mr Peter Morris Trustee The notes on pages 6 to 9 form an integral part of these financial statements. Page 5 **Notes to the Financial Statements for the Year Ended 31 December 2021** ## **Oakhanger Project** ## **1 Accounting policies** ## **Basis of preparation** The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011. ## **Fund accounting policy** Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Further details of each fund are disclosed in note 9. ## **Incoming resources** Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. ## **Resources expended** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are the costs of trading for fundraising purposes. ## **Governance costs** Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters. ## **Support costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. ## **Operating leases** Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term. Page 6 ## **Oakhanger Project** ## **Notes to the Financial Statements for the Year Ended 31 December 2021** _......... con�nued_ ## **2 Voluntary income** |**Donations and legacies**
Appeals and donations
**Grants**
Appeals and donations
Grants receivable
**Activities for generating funds**
**Operating activity 1**
Fees and supplies
Interest on cash deposits|**Unrestricted**
**Funds**
**£**
2,758
-
1,000
1,000
3,758
**Unrestricted**
**Funds**
**£**
5,865
1
5,866|**Total Funds**
**Year ended**
**31**
**December**
**2021**
**£**
2,758
-
1,000
1,000
3,758
**Total Funds**
**Year ended**
**31**
**December**
**2021**
**£**
5,865
1
5,866|**Total Funds**
**29 May 2020**
**to**
**31**
**December**
**2020**
**£**
9,058| |---|---|---|---| ||||8,083
-| ||||8,083| ||||17,141| ||||**Total Funds**
**29 May 2020**
**to**
**31**
**December**
**2020**
**£**
376
-| ||||376| ## **3 Activities for generating funds** Page 7 ## **Oakhanger Project** ## **Notes to the Financial Statements for the Year Ended 31 December 2021** _......... con�nued_ ## **4 Total resources expended** |**Direct costs**
Employment costs
Establishment costs
Equipment hire
Sundry and other costs
Travel and subsistence
Advertising and promotion
**Support costs**
Employment costs
Accountancy fees|**Operating**
**activity 1**
**£**
476
1,770
1,250
1,947
1,090
81
6,614
3,157
783
3,940
10,554|**Governance**
**£**
-
-
-
-
-
-
-
-
(144)
(144)
(144)|**Total**
**£**
476
1,770
1,250
1,947
1,090
81| |---|---|---|---| ||||6,614| ||||3,157
639| ||||3,796| ||||10,410| ## **5 Trustees' remuneration and expenses** No trustees received any remuneration during the year. ## **6 Net (outgoing)/incoming resources** Net (outgoing)/incoming resources is stated after charging: Hire of other assets - operating leases |**Year ended**|**29 May 2020 to**| |---|---| |**31 December**|**31 December**| |**2021**|**2020**| |**£**|**£**| |2,050|5,385| Page 8 ## **Oakhanger Project** ## **Notes to the Financial Statements for the Year Ended 31 December 2021** _......... con�nued_ ## **7 Creditors: Amounts falling due within one year** Accruals and deferred income |**31**|**December**||**31**|**December**| |---|---|---|---|---| ||**2021**|||**2020**| ||**£**|||**£**| |||-||144| ## **8 Related parties** ## **Controlling entity** The charity is controlled by the trustees. ## **9 Analysis of funds** |||||**At 31**| |---|---|---|---|---| ||**At 1**|**Incoming**|**Resources**|**December**| ||**January 2021**|**resources**|**expended**|**2021**| ||**£**|**£**|**£**|**£**| |**General Funds**||||| |Unrestricted income fund|10,456|9,624|(10,410)|9,670| ## **10 Net assets by fund** |Current assets
Creditors: Amounts falling due within one year
Net assets|**Unrestricted**
**Funds**
**£**
9,670
-
9,670|**Total Funds 31**
**December 2021**
**£**
9,670
-
9,670|**Total Funds 31**
**December 2020**
**£**
10,600
(144)| |---|---|---|---| ||||10,456| Page 9 ## **Oakhanger Project** ## **Statement of financial activities by fund Year Ended 31 December 2021** |**Incoming resources**
Incoming resources from generated funds
Voluntary income
Activities for generating funds
Total incoming resources
**Resources expended**
Costs of generating funds
Fundraising trading: cost of goods sold and other costs
Governance costs
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**income fund**
**2021**
**£**
3,758
5,866
9,624
10,554
(144)
10,410
(786)
10,456
9,670|**Unrestricted**
**income fund**
**2020**
**£**
17,141
376| |---|---|---| |||17,517| |||6,917
144| |||7,061| |||10,456
-| |||10,456| This page does not form part of the statutory financial statements. Page 10