##
##
##
##
##
##
##
##
|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|
##