Report of the Trust88s and Unaudited Financial Statements for the Year Ended 31 December 22 For The Oxford Mi••lon 100 St. Paul's Road Peterborough PE113DP
The Oxford Ml8slon Roport of the Trustees For the Year Endéd 31 December 2022 The Trustees present their report with the financial slatements of the Charity for the year ended 31 Dember 2022. These accounts have been prepared on a reIP1S and payments basis in accordance with the Charity Commission's guides CC15 (Charity Reporting) and CC16 (Receipts and Payments accounts pack). In previous years the accounts have been prepared on the a¢¢ruals basis. OBJECTIVES AND ACTIVITIES Publlc Benefit The Trustees have had regard to the Charity Commission guidance on public benefit and consider that the Objects of the Charity are consistent with the provision of public benefit. Grant making In 2018 the Charity met with representatives of our partner organisations in India and Bangladesh to explain the decisions which the Truslees had made to work towards the transfer of our remaining funds to them and to cease activities in the United Kingdom. Since then the Trustees have been working towards thal objective and during 2022 the major part of the funds of two of our subsidiary charities was transferred. During 2023 and 2024 the majority of the funds held by the principal Gharity and the third subsidiary charity have likewise been transferred. ACHIEVEMENT AND PERFORMANCE Charitable adivities While it continues in operation the Charity continues to support Christian Missionary work in India and Bangladesh in particular the Oxford Mission establishments in Behala, Sndia and in Barisal and Jobarpar in Bangladesh; but also through our subsidiary charities the work of the wider Church in North India and Bangladesh. FINANCIAL REVIEW There was a net decrease in net assets over the year of £302.943 which included the transfer of the major part of the funds of I0 of our subsidiary charities to our partners. Investment policy and objectives The investments held as part of the unrestricted funds were required to help finance our grants to our partner organisations. However the Trustees are Continuing their efforts to wind up their work in the United Kingdom and at the date of signing this report neariy all the investments have been alised and the funds transferred. Reserves policy The Trustees are aware of the requirement to maintain sufficient reserves in order to meet the financial obligations of the Charity as they fall due, whilst working towards winding up of the Charity. Further details are sèt out in the 'Future Plans. section below. The Oxford Mission Report of the Trusteès (continued For the Year Ended 31 December 2022 FUTURE PLANS
The Trustees have approached the United Society for Partnership in the Gospel (USPG) who have agreed to maintain oversight of our partners organisations and retain contact with our remaining supporters for the foreseeable future. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charity is controlled by its governing documenl which is a deed of trusl, and il is constitLrted as an unincotporated charity. Management is vested in the General Committee, but for many y8ars now the members of the General Committee have been the same as the Trustees. Organlsational structure The Oxford Mission administers three subsidiary charilies which are included in these accounts and are shown as restricted funds (see the notes to the accounts). Rlsk management The Trustees regularly review the main risks facing the work of the Charity and have concluded that adequate mitigation measures are in plaGe consistent with their future plans. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 211618 Principal address 100 St Paul's Road. New England, Peterborough, PE13DP Trustees Bishop Bill Down (President - resigned September 2024) Simon Ling {Chainan} Giles Thorman {Vice Chairman) Robert Mathi8son (Treasurer) Pamela Walton Freda Davies Margaret How Gèneral Secretary Dipti Pender Indèpendent Examiner Elisab8th Storey Approved by the Board of Trustees on 7 March 2025 and signed on its behalf by.. Simon J. £1 Simon J. Ling (Chairman>
Oxford Mlsslon Receipts and Payments A¢counts for the year to 31st December 2022 Restated Total 2021 Notes Total 2022 Recelpts Unrestricted Restricted Operating receipts.. Collections and donations Investment income Interest Legacies Investment sale5 Income tax recovery 5,665 30.540 1,712 5.246 62 7.377 35,786 62 433 343.437 5,737 10,593 88,942 433 25,lJJO 5.737 315 318,437 Total receipts 67,375 325.457 392.832 99,853 Payments Grant5 rnade and transfers to overseas partners Support costs.. Magazine Travelling expenses Committee meetin85 Staff costs Office costs Accounting Bank char8e5 95,0(K) 3(k),000 395,ClXJ 1,749 2,257 36 17.395 2,2S7 36 17,395 7.010 596 180 75 180 125 2,820 12 50 Total payments 114,943 3C(),050 414.993 52,187 Net increaselldecreasel in funds 147.5681 25,A07 122,1611 47.666 Bank balances at 1st January 56,319 37,777 94,096 46.430 Bank balances at 31st December 8,751 £ 63,184 £ 71,935 £ 94,096
Oxlord Mlsslon Restated 2021 Statement of assets at 31st December P4ote 2022 Investments lat market value) Unrestricted fund M&G Equities Investment Fund for Charitie5 21,097 unlt5 Royal Bank of Scotland 989 shares US mineral rights Restricted fund5 East Benyl Blshoprlc Fund Central Board of Finance of the Church of England Investment Fund 5,821 shares M&G Equltles Investment Fund for Charltles 2,316 unlt5 Kushtla Olocesan Fund COIF Equities Investment Fund for Charities 7,760 unlts An811ndIan Schools Fund Central Board of Flnance of the Church of England Investment Fund 1,534.12 share5 M&G Equitlts Investmènt Fund for CharltSes 2,500 unSts 286,944 2,623 328.316 2,231 36,091 36,042 161.084 31,673 36,738 36,091 38.SNJ5 £ 357,978 £ 638,760 Bank balances Main account- unrestricted Maln account earmarked funds East 8en8al Bishopric Fund Kushtla Dlocesan Fund An810.Indlan Schools Fund 8,751 3,624 22,149 24.tsJ4 13,407 56,319 1,912 14,875 10,613 10,377 71,935 £ 94,096 Total net assets £ 429,913 £ 732.856 The notes on the followin8 pa8e form part of these accounts. For and on behalf of the Trustees Simon J £ing Slmon J. Llng- Trustee and ChaSrman R A Mathieson- Trustee and Hon. Treasurer 7th March 2025
Oxford Mlsslon Notes to the Accounts for the yearto 31st December 2022 Accounting policie5 These accounts have been prepared on a ieceipts and payments basis in accordanee with the Charity Commission's guides CCIS Icharity Reporting) and CC16 (Receipts and Payments accounts packl The accounts for the prewous year were prepared on the accruals basis. The comparative figu$ for 2021 have therefore been restated to be consistent with the new basis. The quoted investrnents have been valued at the market value at the balance sheet date. The investments held for the East Ben8al Bishopric Fund and the Kushtia Diocesan Trust were realised during the year and the proceeds were transferred to the Church of Ban8lade5h to be invested under the terms of a Memorandum of Understanding for use in accordance with the original Deeds of Trust. The US minèral rights were revalued by the Trustees at nil durin8 2021,. while efforts are being made to find a buyer the potential value, if any, is unknown. There were no remuneration or other benefits for Trustees for the years ended 31 December 2021 or 2022. Expenses of travel were re-imbursed to one Trustee in the sum of £2.257 in the year ended 31 December 202212021- Nill. Grants were made during the year as follows.. From the main account to Oxford Mission 8ehala, Kolkata From the Main account to Oxford Mission Bangladesh From the Kushtia account to the Church of Bangladesh From the East Bengal Bishopric account tg the Chtjrch of Bangladesh 53,500 41,500 i40.0 160.000 395,OC(I There was one employee (the General Secretary) throughout 2021 and 2022. The objertives of the restricted fund5 are as follows.. East Ben8al Bishopric Fund- support of the Chtjrch of Bangladesh in the Diocese of Dhako. Kushtia Endowrnent Trust- support of the Church of Bangladesh in the Oiotese of Kushtla. Anglo Indian Schools Fund- support for the education of An810-Indians particularly those in traTrnin8 for the ordained ministry. Earmarked funds- donation5 given for specific a5pert5 of the work of the Charity.
CHARITY COMMISSION FOR ENGLAND AND WALLS Independent examiner's report on the accounts Independent Examiner's Report Roport to the trustsosl m•rnbers of Oxford Mission On 4ccounts for th• ymr ended 31 Decémb8r 2022 Charity no Ilf any) 211618 S•t out on pago• 4.5and6 I rewt to the trustees on my examination of the accounts of the above charity Ilhe Trusfi for the year endad 31 Decomber 2022. R•8pon•lbllltlo• and A8 the chanty tru8t808 of the Tru8t, you are re8pon6ible for the weparation basls of r•port of the accounts in accordance wtth the requirements of the Chariti08 Act 2011 (Ihe Al). I report in respect of my examination of the Tru8t'8 accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followad the applicab Diroction8 given by the Chanty Commission under 80(ai¢Jn 145(5){b) of the A(*. I have completed my 8xamination. I confim that no material matters have come to my attention In connection with the examination whth gives me Cau to b8lleve Ihat in, any material respe(#'. accounting rneord8 were not kopt in accordanc• with 8eCtion 130 of th• Art or the accounts do not accord with the accounting record• Indopond•nt •xamlngrf• 8tatom•nt I have no conc•m8 and hav• come acroi8 no othor fflatt in connection with the examination lo vthich attention should be drawn in order to enable proper urKl8r8tanding of the ac¢ounts to be reached. Slgn•d: Dat•: 7th March 2025 N•mo: Elisabeth Storey Relovant prof•8slonal quallfic•tlonl•) or body (11 any): FCA Address: 29 Barrett Road Fetcham Surrey, KT22 9HL