##
##
##
##
##
##
##
##
##
##
##
##
#
#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Ol Ctl
9~
0o
I- N|||~V CO
O CO
IA W|CI
0l
Ol
0
co|||'cC
N
c
EO
0I|c- h.
IA r
CCc
C
EO
N|c- h.
IA r
CCc
C
EO
N|CD
OlN||EO
EO
Ol
'el
N|W IA h
CO IA c
CO~t-
c- vl
EO
cV EO N|IA
N
EO
IA
EO||||N
EO
IA h-
cV O
N0
N|Cl
CD||CI
CD
N|CD
Cl
N||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||||||||||||CO||
|||||~ ~ '0 CD Etl
C C
e e||||||||||||IA
N||I|I
I
I||IA
CC|IA
N||IA O|EO
CI|I|CO
CI||N|
|||||go||||||||||||||||||||W
EO
N 4|CO||EO|CO|IA|
||||||'0
e
C
EC|'0
CD Ecl
ct0
~ N||||||||||||I|I
I
I|||||I
I
Ol
EO
IA||||CI0
CO||
||||||Cll|||||||||||||||||||IA||||||
||||||lh|||||||||||||||||||||||||
||||||IDO|||||||||||||||||||||||||
|EC
0|||'0
Be
V
Q
I
Q
Vl
P|||'0 Ol EIE
0 O
N|||W EO
O CO
IA W|0
CD
CD
CI0
EO||N
EO
CD||EO
N||T
NN||ct W IA Ol
EO EO IA c-
CO CO I- N
Nr
CclCO
EO N||IA
N
EO
IA
EO||EO
N
CC|||I
EO
NN||EO
NN||0
O|
|8.r
Cl||0
N|||D|||||||||||||||||||||||||
|&||I
e||||||||||||||||||||||||||||
|c E
IC Q
Vl 0
Q
eD
m w
C
ch
0 w||||||m O Ecl
pm N
00
I
N||IA c-
CO Ccl
IA c-||EO0||O c
NCN
ICI CO EO
CO IA CO
N||||NN
CD
EO||N
CD CO EO
CO N
CO O
EO0 IA
CO
c cVI-N
N||CI
CI|EO
N
CO|CI
0||O CO c-
0 Ol
EO
IA tl 0
c
'IC IA
CO~ CO
IA
N|Ol||EO
N
CD|CD
CD
IA|IO
N|
|g||Ccl0||||||||||||||||||||||||||EO|N|
|EO||Q
~||||||||||||||||||||||||||||
|ib||C||||||||||||||||||||||||||||
|~
C
tO||ClI
IC
I0|C CII
go
e '0
C
'00 EIE
C N
0 O
IL N|||||||||||||||I
I|I
I||IA|||EO Ol
CD
C Or
0) Cv
CO
C ~0)
EO
N
N|IA
Ol
CD
N||IA
CD
Ol
CC|NN
to
IA||
|BN||||||||||||||||||||||||||||||
|||Cl||||||||||||||||||||||||||||
|W
o|
|c
K||||||||||||||||||||||||||||
|lh
cr
Cl
g|~
m
0C
ICC
u.|||Q
ICC
CD
VlQO
'0 O CIJ
C N
0 O
N||||||||||||||I
I|I
I|||I||W W CO
N O IA
C
CDO
C
EO Ccl
CO~ EO
EO|Ol O
IA0
h-0
O
0 IA
EO IA|||Ol
EO
CD
N
IA||
|QE||||||||||||||||||||||||||||||
|CO||r||||||||||||||||||||||||||||
|&
N
4l|Cl
E
Q
CO||m '0
B Q
QCg0
Q ~
Q
cn
PC
'0 O Cll
C N
0 O
CC|||||||I0||O
N
IA
EO|'|c
EO
O
cO||||r)4
N Ol
Y) N
EO0|I
EO EO
COO
IA EO
N|IA
IA
0|EO
CC|EO
Cl
IA|||0 0
EO O
00
to O
~IA
IA||Ol|0||
|Ll||||||||||||||||||||||||||||||
|N||||||||||||||||||||||||||||||
|||||||02||||||||||||||||||||||||
|||||||||||||||||||||||||cn||||||
|||||||||||||||||||||||||g
C
Cl||||||
|||||||||||||||||||||||||E||||||
||||||||||||||Cl|||||||||||4l
Vl|e|||||
|||||||8
e~
oe«0
Q884
Cl~
C~
vl
C
EX~ c
0
Pb
LlI
C||||r
Cl
0'0
Ce
Cl
E0
C
Io|C C
cl e
ca
e
m c c
8
m @+0
Cl
0ILn c
0
el e
vl g
O.e
oOo»
ggCL
CCO
a vl
l5o||||||N
Cl
vl
Cla
lc
ID
Vl
EC
ll
Ln
ECa
Cl
mc
cn
g7 g
IQ
goo
EC0||0
0
c m
m
vl
Iol cn
8
0
Cl0
CL
m a
O EO||Q
Cla
e
8
Io|C
IDaxe
Q
E
8C
4Je2|lhe
—c
N
lh
OC
0
—o
IC
N
cn
rr ae
mom
Ncn
Ng~ 0
mm0vI
e~'m
lh
Cl
C N
CNQN
ol m Cl—
0,th
lc
U g '— Q
Bxec
I- lL. K2
0||g
0
IO4l
4O
C
C
C
lb
E
Cl
~-
0 Q
E cn
Cl
e2I-||C
I
re
E
0
E
2|CI
N
CON
C
lv
Vl'0
C
IL|Ci
N0
EIC
Cl
E
0e
CI
N
C9
IC
Vl'0r
IL|
||||StMichael's and All Saints'|StMichael's and All Saints'|StMichael's and All Saints'|Charities|||
|---|---|---|---|---|---|---|---|---|
||||Church||Branch||||
||||(The St Michael's|and All Saints' Charity)|||||
||||Balance Sheet||||||
||||31stDecember 2020||||||
||||Note|||2020f||2019|
|Fixed assets|||||||||
|Freehold and leasehold
properties
Fixtures, fittings and equipment||||||10,684,500||14,246,000|
|Investments||||||1,202,587||1,728,491|
|Current assets||||||11,887,087||15,974,491|
|Cash at bank
Debtors and prepayments
Charities deposit fund|||||73,664
221,620
760,225||249,522
74,635
385,225||
|Current
liabilities||||1,055,509|||709,382||
|Sundry creditors|||||(220,065)||(155,878)||
|Net current assets||||||835,444||553,504|
|Non-current
liabilities||||||||(13,000)|
|Net assets|||||12,722,531|||16,514,995|
|Financed by:|||||||||
|Unrestricted
funds
Designated
funds
Permanent
endowment|funds||9/14
9/14
9/14|||985,444
3,171,610
8,565,477||440,504
4,529,369
11,545,122|
|Total funds|||||12,722,531|||16,514,995|
##
##
|||2020|2019|
|---|---|---|---|
|||E||
|(Decrease)/increase
in funds
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors
Interest/dividends
received
Loss/(gain)
on investments
Investment
management
fees
Revaluation
loss on fixed assets||(3,792,464)
(146,985)
51,188
(13,713)
220,563
5,341
3,561,500|243,901
7,556
25,552
(44,486)
(228,528)
7,251|
|Net cash flow from operating|activities|(114,571)|11,246|
|Cash flow statement||||
|Net cash flow from operating
activities||(114,571)|11,246|
|Returns on investments
and servicing offinance||||
|Interest/dividends
received
Net proceeds from disposal of investments||13,713
300,000|44,486|
|Net cash flow after management|of liquid resources|||
|and financing||199,142|55,732|
|(Decrease)/increase
in cash||199,142|55,732|
|Movement
in cash||199,142|55,732|
|Net cash at 1stJanuary||634,747|579,015|
|Net cash at 31st December||833,889|634,747|
##
##
##
##
##
##
##
##
##
##
|||||||
|---|---|---|---|---|---|
|Freehold|and leasehold|properties||||
||||1stJanuary|Revaluation|31stDecember|
||||2020|Adjustment|2020|
|Investment|property||14,246,000|(3,561,500)|10,684,500|
|Current year split by fund||||||
||||Designated|Endowment|Total|
||||Fund|Fund|2020|
|Investment|property||2,663,172|8,021,328|10,684,500|
|Prior year|split by fund|||||
||||Designated|Endowment|Total|
||||Fund|Fund|2019|
|||||F||
|Investment|property||3,550,896|10,695,104|14,246,000|
##
|Fixtures, fittings and equipment||
|---|---|
||Total|
|Cost||
|At 1stJanuary 2020 and at 31stDecember 2020|21,906|
|Depreciation||
|At 1stJanuary 2020 and at 31stDecember 2020|21,906|
|Net book value||
|At 31stDecember 2020 and at 31stDecember 2019||
##
##
##
|Investments||||||
|---|---|---|---|---|---|
||||Designated|Permanent||
||||Investments|Endowment|Total|
|||||Fund||
|Market value at 1st January 2020
Disposals
Net gains/(losses)
on revaluation:|||F
878,473
(300,000)|850,018|f
1,728,491
(300,000)|
|- realised
- unrealised
Management|fees||16,907
63,058|(2,409)
(298,119)
(5,341)|14,498
(235,061)
(5,341)|
|Market value|at 31stDecember 2020||658,438|544,149|1,202,587|
##
|||||
|---|---|---|---|
|Investments
held
1,099
21
3,043
475
16,500
26,000
19,250
2,180
5,200
3,500
45,000
145,800
11,425
32,525
1,500
49,833
300
8,000
COIF Income Shares
COIF Accumulation
Shares
COIF Accumulation
Shares
Anglo American
PLC
Aviva Ord GBP0.25
Barclays PLC
BTGroup Ord GBP0.05
Carnival
pic Ord USD1.66
Easyjet Ord GBP0.25
Fidelity European
Values 0.0001
International
Consolidated
Airline
Lloyds Banking Group Ord GBP0.1
M&G PLC
Natwest
Group pic
Prudential
Ord GBP0.05
Roll Royce Group Ord GBP0.20
Schroders
pic
TUI AG Ord
Cash|Designated
f
20,102
4,467
633,869|Endowment
11,516
53,658
38,137
25,458
29,800
43,160
10,010
71,910
53,130
22,616
54,528
20,205
55,439
10,011
36,672
7,899|Total
E
20,102
4,467
633,869
11,516
53,658
38,137
25,458
29,800
43,160
10,010
71,910
53,130
22,616
54,528
20,205
55,439
10,011
36,672
7,899|
||658,438|544,149|1,202,587|
##
##
##
|Charitable
grants
for the year ended 31stDece|mber 2020||
|---|---|---|
||2020
E|2019f|
|Centre
urch)
yable
in future)
Age UK Oxfordshire
Agnes Smith Advice Centre
Archway
Foundation
Aspire
Asthma
Relief in Oxford
Asylum
Welcome
Autism
Family Support Oxfordshire
Banbury
Community
Church
Banbury
Young Homeless
Project
Barton Community
Association
Barton Community
Church
BeFree Young Carers
Berinsfield
Information
and Volunteer
BK Luwo
Bookfeast
Bridgewell
Organic Gardens
Carterton
Education
Trust
Centre for Muslim-Christian
Studies
Cherwell
Theatre Company
Church ofthe Holy Family
Citizens Advice Oxford
Clean Slate
Clear Sky Children's
Foundation
Clic Sargent
Cowley Road Works
Create Arts Adventure
Creative
Dementia
Arts Network
Crisis Oxfordshire
Cruse Bereavement
Care Limited
Cutteslowe
Community
Foundation
Daybreak
Oxford
Donning ton Doorstep
Dorchester Abbey
Dream Holidays
Edge Housing
(Oxford Community
Ch
Elmore Community
Services
*Emmaus Oxford (includes
E6,000 pa
Enrych Oxfordshire
Exeter College ExVac
Fam Jam Project
Family
Links
Film Oxford
Flexicare
Footsteps Foundation
Fusion Arts|2,000
7,000
7,000
1,500
5,750
3,000
2,185
1,500
3,000
500
3,000
3,000
12,000
2,000
3,000
2,000|5,000
3,000
16,000
10,000
3,860
10,000
4,896
3,000
2,000
2,000
3,000
3,000
4,782
3,573
2,000
1,000
2,000
16,940
2,700
6,075
3,000
2,000
1,000
4,000
6,000
6,000
5,200
2,000
1,580
8,000
10,000
9,000
2,000
3,000
5,000
2,300
4,000
2,000|
##
##
##
|Charitable
grants (continued)||||
|---|---|---|---|
|||2020f|2019f|
|Happy
Days Children's
Charity
Helen & Douglas House
HENRY
Hinksey
Sculling School
Home-Start
Banbury
Home-Start
Oxford
IMPS
Iraqi Women
Art and War Project
Jacari
Joss Searchlight
Katharine
House Hospice
KEEN
Lake Street Community
Playgroup
LIFE
Lifelites
Lincoln College Vacation Project
Maggie's
Mulberry
Bush School
Music for Autism
My Life Choice
One-Eighty
OSARCC
*Oxford Association
for the Blind (includes F20,000 payable
Oxford Baby Bank
Oxford and District Mencap
Oxford Church's
Debt Centre
Oxford Hindu Temple and Community
Project
Oxford Hub
Oxford Playhouse
Oxford Schools Chaplaincy
Oxford Sea Cadet
Oxford Street Pastors
Oxford Winter Night Shelter
Oxfordshire
Community
Work Agency
Oxfordshire
Historic Churches
Trust
Oxfordshire
Homeless
Movement
Oxfordshire
Lowland Search and Rescue
Oxfordshire
Mind
Oxfordshire
Play Association
Oxfordshire
Youth
OxPIP
OXSRAD
PBC Foundation|in future)|2,000
1,500
7,500
3,000
1,000
4,000
2,000
10,000
1,200
5,000
6,750
5,000
2,500
3,000
20,000
2,000
1,500
1,500|1,300
3,000
2,000
7,500
3,000
1,500
2,500
3,000
1,200
2,000
1,000
6,000
2,000
3,000
4,500
4,180
8,000
30,000
1,200
5,000
6,750
1,000
1,000
2,000
3,795
2,500
5,000
20,000
3,000
4,000
3,000
5,000
500|
|Pegasus
Primary School
Pegasus Theatre
Police Community
Clubs ofGB
**Prison Phoenix Trust
Progressive
Supranuclear
Palsy Association
Quest for Learning
RAW Workshop||(1,910)
4,956|3,000
3,750
3,000
2,865
500
4,896
10,000|
##
|Charitable
grants (continued)|||
|---|---|---|
||2020|2019|
|Read Easy Oxfordshire
Reducing
the Risk of Domestic Abuse
Refugee Resource
Relate Oxfordshire
Rose Hill Junior Youth Club
Sail 4 Cancer
Samaritans
Oxford
Seesaw
SOFEA
Soundabout
South Oxford Adventure
Playground
St Luke's Church
Students4Students
Sunshine
Centre
Syrian Community
in Oxford and Oxon
Syrian Sisters Community
Group
Tall Ships Youth Trust
Thames Valley Partnership
The Gatehouse
The Listening
Centre
The Parasol Project
The Porch Steppin' Stone Centre
Thomley
Activity Centre
Thrive
West Memorial
Methodist
Church
Wood Farm Parent and Toddler Group
Yellow Submarine
***Young Dementia|5,000
5,000
8,000
2,784
5,000
3,000
3,000
2,390
3,000
2,000
6,600
1,500
2,760
15,000
4,902
5,000|1,500
5,000
5,000
8,000
2,000
5,000
3,000
3,000
5,000
8,000
2,500
2,280
3,000
5,000
2,500
2,340
10,000
10,000
10,000
4,540
3,000
4,153|
||215,867|463,155|
##
##
|6|Debtors and prepayments||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||Under one year:|||||F|
||Trade debtors net ofprovision
Other debtors
Amounts
owed by St Michaels|for doubtful
at the North||debts
Gate|195,345
2,708|65,867
5,299|
||with St Martin and All Saints
Prepayments||||12,032
11,535|3,469|
||||||221,620|74,635|
|7|Sundry creditors||||||
||||||2020|2019|
||Amounts
due
in respect oftaxation
and social security
Grants payable
within one year
Trade creditors
Accruals and deferred
income
Amounts
owed to connected
charities||||2,373
15,100
1,510
164,440
36,641|2,808
40,241
28,027
51,312
33,490|
||||||220,065|155,878|
||Deferred income consists ofrent in advance:-||||||
||Released from previous
year||||46,750|47,910|
||Deferred
in current year||||152,284|46,750|
|8|Creditors: amounts
falling due|after more||than one year|||
||||||2020f|2019|
||Grants payable|||||13,000|
##
##
|Net asset a|nalysis||—2|020|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Freehold|Fixtures|||||
||||||and|fittings||Net current|Non||
||||||leasehold|and|investments|assets|current||
||||||properties|equipment|||liabilities|Total|
|Unrestricted||||||||E|f||
|-General
Unrestricted|||"Free"Reserves||||150,000|835,444|-|985,444|
|Designated|||||||||||
|- Property
Fund
- Investments
Fund|||||2,663,172||508,438|||2,663,172
508,438|
|Endowment|||||||||||
|-Permanent|Endowment|||Funds|8,021,328||544,149|||8,565,477|
||||||10,684,500||1,202,587|835,444||12,722,531|
|Net asset analysis||-|2019||Freehold|Fixtures|||||
||||||and|fittings||Net current|Non||
||||||leasehold|and|Investments|assets|current||
|Unrestricted|||||properties
f|equipment
f|||liabilities
E|Total|
|-General
Unrestricted|||"Free"Reserves|||||453,504|(13,000)|440,504|
|Designated|||||||||||
|- Property
Fund
- Investments
Fund
-Organ
Fund|||||3,550,896||728,473
150,000|100,000||3,550,896
728,473
250,000|
|Endowment|||||||||||
|-Permanent|Endowment|||Funds|10,695,104||850,018|||11,545,122|
||||||14,246,000||1,728,491|553,504|(13,000)|16,514,995|
##
##
|Staff Costs|||||
|---|---|---|---|---|
||||2020|2019|
||||F||
|Gross wages
Employers
National
Insurance
Employment
allowance|||35,660
2,554
(1,841)|35,660
2,237
(2,237)|
||||36,373|35,660|
##
|The charity allocates
it
consistent
with the use|s support costs as sho
ofresources.|wn
in the table below.
Supp|ort costs are|allocated
o|n a basis|
|---|---|---|---|---|---|
|||Cost of|Charitable|2020|2019|
|||generating
funds|activities|Total|Total|
|||F|F||F|
|Support costs||||||
|Staff costs
Professional
indemnity|insurance|18,186
368|18,186
368|36,372
736|35,660
818|
|Insurance
General office expenses
Audit fee
Legal and professional
Irrecoverable
VAT|and repairs
fees|432
4,078
4,485
512|432
4,078
4,485
512|864
8,156
8,970
1,024|1,031
6,240
8,485
2,102|
|Total||28,061|28,061|57,122|54,336|
##
##
##
||||||Opening
Balance|Income|Expenditure|Transfer|Gains I
Losses|Closing
Balance|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||F|||||
|Unrestricted|||||||||||
|- General
Unrestricted||"Free"Reserves|||440,504|472,066|(477,126)|550,000|-|985,444|
|Designated|||||||||||
|- Property
Fund
- Investments
Fund
-Organ
Fund|||||3,550,896
728,473
250,000|||-
(300,000)
(250,000)|(887,724)
79,965|2,663,172
508,438|
||||||4,529,369|||(550,000)|(807,759)|3,171,610|
|Endowment|||||||||||
|-Permanent|Endowment||Funds|11,545,122|||(5,341)|(2,974,304)||8,565,477|
|Total funds||||16,514,995||472,066|(482,467)|(3,782,063)||12,722,531|
|Analysis of|funds - 2019||||||||||
||||||Opening
Balance|income|Expenditure|Transfer|Gains I
Losses|Closing
Balance|
|||||||E||F|||
|Unrestricted|||||||||||
|-General
Unrestricted||"Free"Reserves|||417,880|800,990|(778,366)|||440,504|
|Designated|||||||||||
|- Property
Fund
- Investments
Fund
-Organ
Fund|||||3,550,896
570,904
250,000||||157,569|3,550,896
728,473
250,000|
||||||4,371,800||||157,569|4,529,369|
|Endowment|||||||||||
|-Permanent|Endowment||Funds|11,481,414|||(7,251)||70,959|11,545,122|
|Total funds||||16,271,094||800,990|(785,617)||228,528|16,514,995|
##
|Gate|with St Martin|and All|Saints|.
During the year, the|following
amounts
were pai|d to the church:-|
|---|---|---|---|---|---|---|
||||||2020|2019|
|Church
Church
Church
Music
Budget
Vat|expenses
(including
ITand
repairs
administration
salaries
shortfall
not accrued|||insurance)|14,249
6,842
57,111
29,855
9,679
(1,413)|14,673
15,564
60,893
33,440
(1,706)|
||||||116,323|122,864|