Honor Oak Christian Fellowship
Report and Accounts Year ended 5 April 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
HONOR OAK CHRISTIAN FELLOWSHIP LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 5 APRIL 2025
ADDRESS FOR CORRESPONDENCE 39 Honor Oak Road London SE39 3SH GOVERNING DOCUMENT CIO Constitution dated November 2020 CHARITY REGISTRATION NUMBER 1192399 TRUSTEES RESPONSIBLE FOR M.S. Peach (Chair) MANAGING THE CHARITY P.W. Armstrong A.L. Barrow INDEPENDENT EXAMINER Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts
Page 1
HONOR OAK CHRISTIAN FELLOWSHIP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2025
The Trustees have pleasure in submitting the Report and Accounts for the year ended 5 April 2025.
Objects of the charity
The charity is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are:
a) the advancement of the Christian faith in accordance with the Basis of Faith, primarily, but not exclusively, within Forest Hill, London and the surrounding neighbourhood; and
b) such other charitable purposes as shall, in the opinion of the charity trustees, put into practice the Christian faith in accordance with the Basis of Faith, including but not limited to: the prevention and relief of need, hardship and sickness; the advancement of education; and the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
To take preliminary steps to take over the activities and assets and liabilities of the Christian Fellowship Centre Trust (Registered Charity number: 270397).
On behalf of the Christian Fellowship Centre Trust and Operationa Mobilisation the CIO arranged lettings to local interest and community groups.
The CIO supports the church as a central part of fulfilling its charitable aims and bringing public benefit (religious activities, especially those available to non-members, being a public benefit).
During the year the trustees were in negotiations with Operation Mobilisation (a registered charity) to purchase the adjacent building at 39 Honor Oak Road, London, SE23 3SH. As part of the ongoing negotiations, it was agreed that from 1 September 2024 the CIO would take over the running of the property, collecting rentals and paying expenses; on completion of purchase of the property any excess or deficiency of income against expenses would be settled between the two parties.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
During the year income decreased by £40,751, to £72,585, and expenditure increased by £36,382 to £66,299. As a result the cash held by the charity increased by £6,286, to £51,129, all of which are unrestricted and can be used for any charitable purpose.
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Reserves policy
Funds are to be utilised to support the aims of the CIO. Surplus funds must be retained against any future financial requirements of the CIO. Reserves must also be maintained to cover any short-term or immediate requirements of the CIO. Sufficient funds will be held in liquid assets to meet the requirements of the CIO. Such funds will be held in cash (including cash at bank) and readily realisable investments.
Governance
Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the trust. New trustees are recruited and appointed by the existing trustees.
Relationships with other charities and related parties
The trustees also control two related entities, Honor Oak Christian Fellowship Centre, an unincorporated voluntary association constituted as a bare trust, and Christian Fellowship Centre Trust (charity number 270397). The charity was formed to amalgamate all the assets and liabilities of these entities into one body and it is the trustees intention to do so as soon as practically possible. Prior to completion of this amalgamation/merger, there are a varity of inter-related transactions between the different entities.
Risk statement
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
M Peach
M Peach (Aug 4, 2025 13:41:18 GMT+1)
_________ M.S. PEACH
Aug 4, 2025 Date:_____
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
HONOR OAK CHRISTIAN FELLOWSHIP
I report to the trustees on my examination of the accounts of Honor Oak Christian Fellowship ('the charity') for the year ended 5 April 2025 on pages 5 to 7 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Archie McDowall
Archie McDowall (Aug 5, 2025 13:56:08 GMT+1)
Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Aug 5, 2025
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HONOR OAK CHRISTIAN FELLOWSHIP
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
| Notes Income receipts Donations Other grants Income from letting of facilities Interest Total receipts Payments 2 3 Total payments Transfers between funds 5 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 19,145 - 893 - 52,546 - 1 - 72,585 - 44,497 1,802 20,000 - 64,497 1,802 8,088 (1,802) - - 8,088 (1,802) 43,041 1,802 51,129 - Unrestricted Funds |
Restricted Funds £ - - - - - - - - - - - - - |
2025 £ 19,145 893 52,546 1 72,585 46,299 20,000 66,299 6,286 - 6,286 44,843 51,129 |
2024 £ |
|---|---|---|---|---|
| 5,802 - 26,032 - |
||||
| 31,834 | ||||
| 4,917 25,000 |
||||
| 29,917 | ||||
| 1,917 - |
||||
| 1,917 42,926 |
||||
| 44,843 |
The notes on page 7 form part of these accounts.
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HONOR OAK CHRISTIAN FELLOWSHIP
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 5 APRIL 2025
| Notes A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity Prepayments Other debtors C Liabilities Trade creditors Fee for Independent Examination Accrued expenses Total D Assets retained for charity's own use Equipment |
General Designated funds funds £ £ 51,129 - 51,129 - 3,569 - 1,311 - 12,432 - 17,312 - 1,563 - 300 - 757 - 2,620 - Unrestricted Funds |
Restricted funds £ - - - - - - - - - - Fund to which asset belongs General |
2025 £ 51,129 51,129 3,569 - 12,432 16,002 1,563 300 757 2,620 Cost £ 4,800 4,800 |
2024 £ |
|---|---|---|---|---|
| 44,843 | ||||
| 44,843 | ||||
| - - 4,545 |
||||
| 4,545 | ||||
| - 696 - |
||||
| 696 | ||||
| Current value £ |
||||
| 4,800 | ||||
| 4,800 |
E Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf by:
M Peach M Peach (Aug 4, 2025 13:41:18 GMT+1) _____ M.S. PEACH
Aug 4, 2025 Date:_____
The notes on page 7 form part of these accounts.
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HONOR OAK CHRISTIAN FELLOWSHIP
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2025
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Equipment Direct property costs Legal fees Independent examination Administration costs 3 Grants paid in relation to charitable activities undertaken by others Grants for: Christian Fellowship Centre Trust UK mission Property costs paid on behalf of Honor Oak Christian Fellowship Major projects paid on behalf of Honor Oak Christian Fellowship Ministry expenses paid on behalf of Honor Oak Christian Fellowshi Employment costs paid on behalf of Honor Oak Christian Fellowsh |
Unrestrict | Designated funds £ - - - - 1,802 - - - - 1,802 - - ed Funds |
Restricted Funds £ - - - - - - - - - - - - |
Total 2025 £ 727 917 624 - 4,800 25,155 13,186 696 194 46,299 20,000 20,000 |
Total 2024 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 727 917 624 - 2,998 25,155 13,186 696 194 44,497 20,000 20,000 |
||||||
| 612 - 1,869 2,340 - - - - 96 |
||||||
| 4,917 | ||||||
| 25,000 | ||||||
| 25,000 |
4 Transactions with related parties
M.S. Peach served as a church leader with the related entity Honor Oak Christian Fellowship Centre, which has the same trustees as the charity, and was paid a salary of £34,437 (2024: £32,518) and received employer pension contributions of £3,673 (2024: £3,836) for serving in that capacity by that entity, not for serving as a trustee of either entity. M.S. Peach also received employer pension contributions of £754 (2024: £nil) from the charity.
In addition Honor Oak Christian Fellowship Centre incurred expenditure totalling £980 (2024: £764) and Christian Fellowship Centre Trust (charity number 270397), which also has the same trustees as the charity, incurred expenditure totalling £2,041 (2024: £882), in respect of the provision of accommodation (which is customary for ministers) to M.S. Peach, who is a trustee of both entities.
The charity also paid a grant of £20,000 (2024: £25,000) to Christian Fellowship Centre Trust (charity number 270397).
5 Movement of funds
| General funds Restricted funds Equipment Fund Total funds |
Opening balance £ 43,041 - 1,802 1,802 44,843 |
Receipts £ 72,585 - - - 72,585 |
Payments £ (64,497) - (1,802) (1,802) (66,299) |
Transfers £ - - - - - |
Closing balance £ 51,129 |
|---|---|---|---|---|---|
| - | |||||
| - | |||||
| - | |||||
| 51,129 |
The Equipment Fund represents donations received towards the upgrading of AV facilities for the church.
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