2021-03-31-accounts

Contents
Chair ofTrustees Report
Trustees' Annual Report
Report ofths Independent Examiners	13
Principal Accounting Policies	14
Statement ofFinancial Activities	17
Balance Sheet	18
Notes to the Financial Accounts	19

				Unrestricted	Restricted	Total Funds	Total Funds
				funds 2021	Funds 2021	2021	2020
			Note
Income From:
Project Grants			1	209,816	81,274	291,090	335,532
Interest on Deposits			2	2,741		2,741	3,299
Other Income			3	40,642		40,642	45,695
Total Income				253,199	81,274	334,473	384,526
Expenditure on:
Charitable Expenditure:
Costs in furtherance		of	4	281,196	52,910	334,106	326,599
charitable objects
Total expenditure				281,196	52,910	334,106	326,599
Net Income/(expenditure)			before
Gains/(losses) on	Investments			(27,997)	28,364		57,927
Net Gains/(Losses)	on
Investments				1,215		1 215
Net Income/(Expenditure)				(29,212)	28,364	(848)	57,927
Transfers between	funds		15	(17,765)	17,765
Net movement in funds				(46,977)	46,129	(848)	57,927
Balances brought	Forward			485,293	54,252	539,545	481,618
Balances Carried	Forward			438,316	100,381	538,697	539,545

Project Grants and Contracts	Project Grants and Contracts
		Unrestricted	Restricted	Total Funds	Total
		funds 2021	Funds 2021	2021	Funds 2020
Neighbourhood Planning (Community Development)		10,111		10,111	12,764
Voluntary Infrastructure	Contract	50,000		50,000	50,000
Rural Communities Support- Defra (Representation)		40,640		40,640	39,640
Communities Support— District Councils		55,312		55,312	55,812
Community Transport		897		897	800
Umbrella Insurance
Placemaking Project		32,160		32,160	35,687
Woodstock Intra-structure	Plan				38,270
Collaborative Housing HUB			81,274	81,274	93,674
Collaborative Housing Management		16,183		16,183	7,885
SCTC19		3,513		3,513
Red Arrows GNS		1,000		1,000	1,000
Total Incoming Resources		209,816	81,274	291,090	335,532

Other Inco	me
				Unrestricted	Restricted		Total Funds	Total
				funds 2021	Funds	2021	2021	Funds 2020
							6
General Membership		Fees		3,148			3,148	7,345
Village Hall	Membership		Fess	10,166			10,166	8,575
Oil scheme	income			19,252			19,252	19,006
Donations				405			405	330
Other				7,671			7,671	10,439
Total Incoming Resources				40,642			40,642	45,695
ofthe above income		in 2020 was attributable to restricted funds.
Costs in Furtherance		of Charitable		Objects:
				Unrestricted	Restricted		Total Funds	Total
				funds 2021	Funds	2021	2021	Funds 2020
				6	6		6	f
Salaries				204,846	34,259		239,105	227,258
Grants Paid				2,453			2,453	446
Travelling				1,209		65	1,274	5,070
Professional	&consultancy fees			40,320	5,135		45,455	41,855
Affiliations	8 Subscriptions			5,228			5,228	5,610
Training &Conferences				400			400	4,350
Premises				11,728			11,728	12,168
Promotional	&website	costs		5,362			5,362	308
Print, post,	telephone	& IT		3,258	6,871		10,129	18,107
Depreciation				648			648	216
Other Costs				4,344	6,580		10,924	9,470
Governance	Costs - see note 5			1,400			1,400	1,741
Total				261,196	52,910		334,106	326,599

Employees	Employees
The Aggregate		Payroll Costs were:	2021	2020
			f	6
Wages	&Salaries		209,730	199,031
Social security		Costs	19,035	18,210
Pension	contributions		10,340	10,017
			239,105	227,258

	2021 FTE	2021 Number	2020 FTE	2020
				Number
Office &management	2.8	3.0	2.0		3.0
Operational	4.0	6.0	5.0		5.0
	6.8	9.0	7.0		8.0

Tangible Fixed Assets
	Furniture,	Computers	Total
	Fixtures 8
	Fittings
Cost
As at 1 April 2020	12,953	11,276	24,229
Additions
Disposals
As at 31 March 2021	12,953	11,276	24,229
Depreciation
As at 1 Apiil2020	11,224	11,276	22,500
Charge for the year	648		646
Disposals
As at 31 March 2021	11,872	11,276	23,148
Net Bookvalue
As at 1 April 2020	1,729		1,729
As at 31 March 2021	1,081		1,081

10.	Investments	Investments												2021	2020
														f	f
Fair	Value at 1 April													1
Additions														150,000
Disposal proceeds
Net	gain/(loss) on
change		in fair value												1 215
														148,786
The investment off1 is				the	f1 share			capital of	ORCC Trading		Limited, a company registered				in
Engla	nd	and Wales	(number			07367260), a wholly owned				subsidiaiy		company.		As at 31 March	2021 the
omp	an	y was dormant		with	net assets off1.
An investment off150,000					was made			to COIF	Charities Ethical Investment				Fund in 2020. This
nves	tme	nt will be reviewed			under		the	charity's	investment	policy.
11.		Debtors												2021	2020
														f	f
		Other Debtors												1,506	69,373
		Accrued Income												3,513	5,521
		Prepayments												2,719	2,525
														7,738	77,419
12.		Creditors: amounts			falling due within				one year					2021	2020
														f	f
		Taxation and	social		security									4,853	20,366
		Income received		in advance										11,497	16,224
		Other Creditors												847	22,380
		Accruals												4,028	11,530
														21,225	70,500
13.		Deferred Income												2021	2020
		Balance at 1	April											9,653	12,818
		Membership	Income		released			in year						(5,312)	(5,961)
		Other income	released			in year								(4,341)	(6,857)
		Membership	Income		deferred			in year						4,926	5,312
		Other income	deferred			in year									4,341
														4,926	9,653

Analysis 2020/21	of Net Assets
		Unrestricted	Restricted	Total Funds	Total
		funds 2021	Funds 2021	2021	Funds 2020
		8			6
Tangible	Fixed Assets	1,081		1,081	1,729
Investments		148,786		148,786	1
Cunent	Assets	303,103	106,952	410,055	608,315
Current	Liabilities	(14,654)	(6,571)	(21,225)	(70,500)
Total		438,316	100,381	538,697	539,545
Analysis	ofNet Assets
2019/20

Analysis 2019/20	ofNet Assets
		Unrestricted	Restricted	Total Funds	Total
		funds 2020	Funds 2020	2020	Funds 2019
			6	6	f
Tangible	Fixed Assets	1,729		1,729
Investments		1		1	1
Current	Assets	538,492	69,823	608,315	514,125
Cunent	Liabilities	(54,929)	(15,571)	(70,500)	(32,508)
Total		485,293	54,252	539,545	481,618

			General	Designated	Restricted	Total
			Funds	Funds	Funds	funds
					6	8
At 1 April	2020		427,543	57,750	54,252	539,545
Incoming	Resources		251,984		81,274	333,258
Resources Expended			(281,196)		(52,910)	(334,106)
Transfers	between	funds	(12,015)	(5,750)	17,765
Total			386,316	52,000	100,381	538,697
Funds 2019/20
			6	6	6	8
At 1 April 2019			396,918	66,950	17,750	481,618
Incoming Resources			290,852		93,674	384,526
Resources	Expended		(269,427)		(57,172)	(326,599)
Transfers	between	funds	9,200	(9,200)
Total			427,543	57,750	54,252	539,545

Designated	Funds 2020/21
		Business	Contingency	Total Funds
		Development	Fund
		Fund
			f	6
At 1 April 2020		12,750	45,000	57,750
Resources	expended
Transfers		(5,750)		(5,750)
At 31 March 2021		7,000	45,000	52,000
Designated	Funds 2019/20
		Business	Contingency	Total Funds
		Development	Fund
		Fund
		f	f
At 1 April 2019		21,950	45,000	66,950
Resources expended
Transfers		(9,200)		(9,200)
At 31 March	2020	12,750	45,000	57,750

17	Restricted	Restricted	Funds
	2020/21
				Balance	Incoming	Outgoing		Balance
				at			Transfers	at 31-
								Mar-21
				f				6
Community		Development		17,750				17,750
Fund
Placemaking		Project—					17,765	17,765
Upper Heyford
Collaborative		Housing		36,502	81,274	(52,910)		64,866
HUB	Fund
				54,252	81,274	(52,910)	17,765	100,361
	Restricted		Funds
	2019/20
				6
Community		Development		17,750				17,750
Fund
Collaborative		Housing			93,674	(57,172)		36,502
HUB	Fund
				17,755	53,574	(57,172)		54,252

Operating Lease Commitments
	2021			2020
	Land and	Other		Land and	Other
	Buildings			Buildings
		5		8
Less than one year			987			987
Between one and five years	27,775			37,875
Total	27,775		987	37,875		987