Draft Financial Stst•m•nts at 07 Mafch 2025 at 11:57.'24
Company No. CS000562
Ch•rfty Roglstratlon No. SC008605 Iseotkndl
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

Draft Financial Ststements at 07 March 2025 at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trustg9s
Charlty number (Scollamd
SC008605
Company number
CSO(YJ562
Prlnelpal addres#
Shell UK Limited
The Slbtsr Fln
455 Union Slréèt
Aberdeen
Unrted Kingdorn
AB116DB
Indopondont oxamln•r
Azets
37 Albyn Plac
Aberdeen
Unrtèd Kingcksm
A810 1J8
83nkerg
Unlty Trust Bank PIC
9 Brindley Place
Birmingham
United Kingdom
B1 2HB

Draft Financlal Ststèments at 07 March 2025 at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
CONTENTS
Pag•
Trustees. r8port
Independ￿t examinerfs raport
Statement of financi￿ a¢tNrties
Balance she81
Notes to Ihe finandal stslemenls
7-11

Draft Firbancial Statements at 07 March 2025 at 11.'S7:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trusteÈ5 pre5enttheir annu31 report and ffinEncial 3ts1ements for the year ended 31 December 2024.
The finanaal slatemenls have been prepared In accordanc& wlth the accounting poI￿leS set out in note 1 to Ihe
finanaa statements and compty vAlh Ihe chaiitys constitution, the CharitEs and Tru51ee Inv8slmènt Iscotlandl
Act 2005, the Charities Accounts Iscolland) Regulallons 20C6 {as amended) ancF "Accounting and Reporting by
Charities.. Slatetnent of Re(yJmmerKJed PractKe applicable to charT*e5 prepaiing their a￿UnIS Sn acoJrdanGe
with the FinarbU81 Reporting Stsndard applicable in the UK and Republic of Iretand IFRS 1021 (effective 1
January 20191"
Objectives and aclivitl8s
The UK QI & Gas chap￿InCY trust SCIO is a Scoltish Charitable Incorporated Organisation C'SCIOI (Charity
No. SC0088051. The principle address is Shell UK Limlied. The Sllver Fln. 455 Unlon Street, Aberdeen, Unrted
ngdom, AB11 6DQ. The SCIO was i)corporated on 6 August 2014 as a result ol a SCIO application by
Abèrd88n Oil Industry Chaplaincy Tru81, 8 trust règi8tsred as a Scottish Charity slncE 14 Juty f989. On 16
s8ptem￿r 2014 thè nèt assèts of thè Tnjst were grfted to SCIO. and on 31 December 2014 the nel assets of
The Oil Chaplaincy Tru51 Linit&Y, a Scoth'5h Registered charitable ￿MpanY (Company RegT51raUon Number
SC1268871 wgre gtfted to the SCIO.
Th8 SCIO'S goveming documant is its Constitution and thè objects ar8..
. the adVanC£rr￿nI of religion," arhd
- the relief of those in need by reason of financdal hardship or other disadvantage.
The poI￿leS adopted In funherance of Ihese objects are set out in the Constitution and there has btsen no charKJe
in the3e during the year.
The trusteès ha￿ pald du@ regard to guldance issued by the Chadty Commission in decMliThJ what act1￿116$ the
charity sh(xJkl urKJertake.
The pmcipal adlvitiès of lh2 SCIO are..
Chaplalncy Support-fijnding remuneralKJn package of 8 dIa￿aIn who pro¥ides pastoral suppth to workers
and their families in the UK oil and gas industry, This Includes tho provbston ol transport to enable the chaplain lo
provide pastoral support to families throughout the UK 2nd the ctssts associated with regular offshore visits. A
chapLqincy administrator is also funded to provKl& support to the chaplaSTh.
Hard8hlp Rellef - providing )InancAal relief or support to workers and thelr families in the UK oil 8nd gas industry.

Draft Flnancial Statsments at 07 March 2025 at 11,'57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DEGEMBER 2024
Achlgvomants and perfomi8ne•
The SCIO have conb.nued lo be successful in securing donations throughoui financial year with donatKJns of
£164.34512023- £162,626) belng racalved. Th6 SCIO ralias h8aMly on thé continued support of donorg and h8S
receThied swJThrficant donations from krge organisations within the Oil & Gas sector which it opetates 3k)ng with
donated premises lo operate from. Expenditure exceeded income In the (xjrrenl year. total spending was
£180,36112023- £157.5261. The SCIO maintsins 8 heahhy unreslri¢ted furd5 bal*ce.
The SCIO'S governing documenl states ihat the Trustees shall appty the SCIO'S ftmds and the In￿me Ihereof to
fund..
The Gosls of malnlalnlng Ihg UK 011 & Gas Industry Ghaplaln In offlc£ and In pgrfom)Ing his funcllons induding,
wIth￿l limit￿lon..
an #nnual stipend,
- an offshore alhjwance {*f approprlat8).
- administrative, travel and sub5islence expenses-, aTrJ
- secretsrial and am othar èxp8ns&s raasonabty inojrrad.
Flnanclal relief or support In whalevei lom lo those working or who have worked in Ihe UK onshore or offshore
pelrochemral industry, or induslries supported or connected with the 8ame, or the immediate family or partners
of such workers and who are suffering severe financial hardship by reason of illness. redundancy, acadent OT
other misfcitune lo s￿h a worker or his imrnediate farnity ￿ partner.
The tnJstee5 have discretion to do anything which 15 ￿kUlated to further Ihg organi5alion's purpose or is
conduavè or incidentsl to doing so.
Financial review
R•*•rv•g policy
The charity's resèrves at 31 Decèmber 2024 were £146.760 12023 - £150,201). The Iruslees havè adopt￿ a
pollcy ol retslnlno sufflcienl reserves to PTolecl against changing fjnandal urcumstsnces, in particular cond￿￿n$
which may arise limrting the furbds beirrtJ paid into the SCIO and also to allvw suffiaenl funds to meet parti(wla
ap￿alS whith rnay fall within the objectives of the SCIO.
Future plans
The trustees wrl actrvely ￿cOurage the C￿going support of corpciate fvndino for the future.
Structur•, govemanee and managèment
The UK Oil & Gas Chaplaincy Trusl SCIO is a recognised charity in s￿￿and (charity number SC(M]8605)
governed by its ConstrtutKJn.
The tru
léès who served durlng the year and up to the date of $vJnature of the flnandal statsments ￿￿￿=

Draft Flnanel#l Ststsments at 07 Ma￿h 2025 at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The r*Mrs for appointment and removal of trustees are sel out in the Charrws Consblulion.
A board of tnJsteÈs administèrs thÈ chArity. Pursu8nl lo their delegation powers underthe charivs con31itution
the board, foi as long as hard5hSp relief remains a purpose of the oiganisab"on, shall establish and maintsln
SV￿COMMIttee, known a5 the hardship committee. which shall have all necessary powars to receive and
consider cases for hardship relief.
Inolviduals ara iThiMted by tha boarij to b￿m? trustaès and ara selactad on Iha basis of their commltmènt to
achiemng the obiectnies of the SCIO.
Donatsd Facllltlèè
The trusiees great￿ appreciate the donated offices and support cogls provided by Shèjl U.K Ltd during lh$
period.
ststement of t￿￿tee8. responslbllltles
The trustees are responsible for preparing the Truslee$' Report and th8 ffinancial statements in aCC￿rdance wllh
applicable law and United Kingdom AeLounting Stsndards Iunited Kingdom G8neralty Accepted A￿UntIng
Practi¢e).
The law applicable to charbdes s￿lIand raqulres the trustees lo prepare financAal statements foT e8ch financial
year whith give a true and fair view of the 51ale of affairs of the charity and of the InC￿ming resources and
applraton of resOu￿S of the charity for that year.
In preparing these financial slatements, the trustees rgqulred to..
- se￿1 suitable accounting pdides and then 4)ply them consistently,
- obS￿e the methods and wnaplès In Ihe Charttles SORP,.
- make judgements and eslThales Ihat are reasonabl8 and prudent..
slate vAiether appliGgble a¢￿untIng standards have been followed, 8uL4ect to any matertal (lepartur6s
disdoséd and explainéd in tha finanual statÈmants,' and
piepare the ffinancigl statements on the going concem unless it is inappropnale to presume that Ihe
charity will conth'nue in operation.
The lrnstees are responsible for keeping sufficient ar￿UntIng recnrds that disclos6 With re8sonable acwrary *
any lim¢ the finanual posrtion of Ihe Charity and enab￿ them tts ensure that the financial ststements comply with
the Charitie8 and Tnjslee Inve81ment Iscoljandl Act 2005, the Charitie8 Account8 (Scotland) ReguL4tion8 20C
{as arnendedl and the provisions of the trust deed. They are 81so responsible for safeguarding tha assets of the
charlly and hence fortskbng reasonaL4e steps for the prevenllon and detethon of ft8ud and other irregularthes.
tha Board of Trust88S.
ru51ee

Draft Flnanelal Stst•m•nts al 07 March 2026 at 11:S7:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE UK OIL & GAS CHAPLAINCYTRUST SCIO
I repKJrt on the financ4al s131emenls of the charity for the year ended 31 DeC￿be1 2024, which ara sèt oth on
page55to 11.
Resp¢cllve rnsponslbllltles of tru$ts•s and examlnor
The Gharity's trustees are responsibk for the preparati￿ of the ffnancial slalements in accordance wlth the terns
of the Charities and Trustee Investments (Scotland) Act 2005 and the Charilies AC￿unts (s￿113nd1 Regulations
2006. The charity's trustees Consider that the audr( requirement of Regulation 1011)la) lo Icl of the 2
Ac¢ounls Regulations does not apply. It is my responsibilty to examine the finanry81 statements 8s required
under section 4411llcl of1heAct and lo stsle whether p8rticular matters have wme lo my attentK)n.
Basls of Independenl examlnevs $t&tsment
exaMinat￿n is cArried out in accA)rdance with Reguktion 11 of the 2006 Arrx)unts Regulations. An
examination indudes a review of the acLounting records kapt by the chwity and a comparison of the ffinancAal
staternents prèsented wth those re(x)rds. It also indudes consideration of any unusual items or disck)sure5 in the
financial Siatem8nts, and seeks explanations from the trustaès concarnlng any such matters. The procedures
undertaken do nol provide all the evidence that woulj be required in an audtt 8nd wnsequentiy I do not expre&s
an audit opinion on the wew gfven by the Ilroncial stal6m6nts.
Independent examlnerfs stsltment
Your attention is drawn lo Ihe fact that the charity has prepared ffinancAal stalernents in accordance wth
Accounting and reporting by Charities preparing their ￿Ount5 in accordance wlh the Fin8ncA81 Reporting
Slandard applScat4e In the UK and Republlc ol Irgland IFRS 1021 In prgference lo the Accountbng and Reporting
by Charrtres.. Statement of Re(x)rnmended Pradice issued on 1 April 21XIS which is referred lo in th8 extant
regulation8 bul has now been wthdrawn.
l understand that Ihls has be8n done In order lor the flnanclal statemenis lo prov6de a true and fall vlew In
accordance with Generalty Accepted AccountiThJ Practice effective for repjrting FeriDds beginning on or after 1
January 2015.
In connèctK)n wlth my èxan1nal￿, no othar mattar éxcapt that rafarr8d to In thé pravious parxgrxph has come to
my attenticffj..
(al whieth gi￿8 MÈ rnasonable causè to b81ièvè that in any matèrial ras￿Cl tha r8quirEments'.
to keep ￿)untIng records in aCL0rdan￿ with section 44111 lal of the 2005 Act and Regulation 4 of
the 2(106 Accounts Regulations,. and
lill lo prepare finanaal slaternenls whth a￿Ord with the accounting records arld Gompty wlh Regulat￿￿
8 of the 2006 Accounts Regulations-
have not been mel or
Ibl to which. in my opinion, attention should be drawn in 0￿er lo enable ¥ proper understandlng of lh6
financial slalements lo be reached.
On behall of
ets
Chartered Accountantg
Aberdeen
Dated..

Draft Flnanclgl Stat•m•nts 8t 07 March 2025 at 11..57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlttted
nds
2024
Totsl
funds
2023
NotsB
Donalcns and lega￿68
Investments
164.346
3.575
162.626
3,(64
Totsl Incomo
187,920
165.690
Charitabl8 actimtias
180.361
157,526
Nèt t￿￿nd￿
{12,441)
8,164
Fund balances al 1 January 2024
159,201
151,037
Fund b*lanc•$ at 31 D•e•mb•r2024
146,760
159,201
The ststemenl of financkql a¢tMties •)ekndes all gains and ID5ses rKogni5ed in the year.
All income and expenditure derive frcm conliTruin9 aclThritse5.

Draft Financlal Statements at 07 March 2025 at 11:S7.'24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
BALANCE SHEET
AS A T 31 DECEMBER 2024
UnY•8trl¢tsd
funds
2024
Totsl
nds
2023
Fixed assets
Tangible assets
1,471
Curront assots
Cash 8t bank ar*Y in hand
200,247
178,515
Croditofs: amounts falling duo within
on• year
{54,958)
119,3141
Nel gjwent assets
145.289
159.201
Total assets less current Ilablltles
148.780
159.201
Incomè fund•
Unrestricled funds
146,760
159,201
Tolal funds
146,760
159,201
ents were approved ty the Truglees on .........................
Trusl:'I

Drdft Financial Stataments at 07 March 2025 at 11:67:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accou￿ting policles
Charity Infornmdon
The UK Oil & Gas Chapkirw Trust SCIO is a Scottish Charitable Ir￿Tated Organlsatw)n ('SCIO"I
(Charity No. SC0086051. The registered address is Shell UK Limited. The Silver Fin. 4S5 UnK*n Street,
Aberdean, Unf(ed lQngdom, AB116DB.
1.1 AetDunting eonvèntlon
The financial statements have been prepared in aCcOrdanr￿ wtih t1￿ charitls constllulion, the Charities atk
Trustee Investrnent (Scolland) AGI 2￿5, the Charth"es Accounts IS(x)landl ReguL9tions 2006 las amended)
and 'Accounting and Reporting by Charities= Slalernenl ol Recommended Practic￿ applicable lo charities
preparing their accoun1$ in accordance with the Financial Reporting Standard appliCa￿e in Ihe UK and
Republic of Ireland IFRS 1021. las amended for acrxJuntiFVJ periods cornmencing from 1 January 2016). The
harity is a Public Benefit Entity as defined by FRS 102.
Th8 charity has takan advantagg of thè prowsions in tha SORP for tharitiés applwng FRS 102 Updatè
Bulletin 1 not to prepare a Ststemenl of C8sh Flows.
Thé finanual ststem6nts have d8part8d from Ihe Charits8s (Accounts and Reports) Regulations 2008 onty to
the exlent required to prothde 4 true and tair view. Thi3 departure has involved follwng the Statemenl of
R¢c¥Jmmended Practice for tharilies apptying FRS 102 rather 1han the version of the Statement of
Rècommendad Practice which 1$ refètred lo in the Régulations butwhich has since been ￿thdraWn.
The financjal staternents are prepared in sterling. vjhith is the ￿r￿tIonal rJJrrency of tho charity. Monetary
arnourrts In these finandal statements are rounded to the nearest £.
The firanual statements have been prepared under the historical cost convention. The prinapal acc￿￿￿1"n￿
pdicie8 ath)pled are set out below.
1.2 Charitsbbe funds
Unrestricted hjnds are available for use al the discretion of Ihe truste￿ in fiJrtheranGe of their charitsble
objectives.
1.3 Incoming resource•
InC￿rne is recognised when the charty is legalty 8n11l￿d to tt after aw performan￿ conditions havo bèèn met,
the amounts can be measu￿d reliably, and it is prts￿bIe Ih¥l income ￿rill be received.
Cash dtsn*ions are re￿gnISed on recdpt. Othèr donallons are recognLsed once the charity has bèen notified
of the donalH)n, unkss performance Cond￿On$ require deferral of the amount. Ir￿&m2 tax recoverab￿ in
relation to donabons rècefved under Glft Ald or deeds of covenant 53 recognised at the time of the donation.
LegacAes are recognised on receipt or otherwise rf the charity has been nolified of an impendiig dslribulion.
th8 amount is kn¢JWTh, and r8G8lpt 18 6xp8ctsd. If th6 amount is not kn¢Jwn, the legacy is tre8led a8
c#Jntingent asset.
Income is recowised when the charity Is legaty eThbtled to it after any perfomiance conditions have been met.
the amounts be rneasured reliably. and it IS PTobable that income wll be received.
1A Resources expended
Liabilrties are recognised a5 expenditure as V4Jon as there 15 a ￿gaI or conslructive obligalion committing the
charity to that expenditur8. It Is probablé that a transfer of economlc benefits will be required in %ttlement and
the amount of the obligalion can be measured reliabty. Expendilvre is a¢xounted for on an a¢xL￿lS basis and
has b88n dassffied under h8adings that aggragale all cost related to the catagory. I￿&r* ttjsls cannot be
direclly attribLJted lo partiCU￿r heading5 they have been allocaled to actiwties on a basis con*'stent with Ihe
use of r¢sourcos.

Draft Flnan¢l•l Ststements at 07 March 2025 at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
NOTES TO THE FINANCIAL STATEMEPKS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting polKigs
{Continu•dl
1.6 Tanglble fixed assèts
Tangible fixed assets are initially rrt8asured at cost and subsequaThly measured at cost or traluation, nel ol
dep￿CiatIon any impaimienl losses.
Depreciation is recognisod so as to writa off the cost or valuation of assols less thair r8sidu81 values OVerth￿r
useful lives on Ihe folk)wing bases..
FIKtures aThJ fftDrus
25% straiqhl Iln9
The gain or kjss arising on Ihe disposal of an asset is detemiined as the difference be1ween the sale
pro¢&eds and the catyng value of the asse( and Is rscognlsed In the stste￿nI of fnancial aclivities.
1.6 Cash and Cash equlvalents
Cash and cash equivalents indude cash in hand. depo￿tS held at call with banks, ather short-temi liquid
investments with original maturities of Ihree months ctr ￿S6, bgnk overdraftG. B8nk overdrafts are shown
wllhin borrowlngs In currént liabilitias.
B48lc flnan¢lal assets
Basic fin8n¢i81 88gets. ￿1¢h indude debtors 8nd cash 8nd bank batances, are initialty measured at
transaction price irKauding transaction costs and ale subsequentty carried al arnortised cost uslng the
effective interest method unless the arrangement ￿nstituteS a finanrAng transaction, whara Ihe transaction 18
measured at the present value of the future receipts disctsjnled al a market rale of interest. FinancAal assets
dassified a5 receivable wrthin one year are not amorb'sed.
Bas1¢ financlal IlablHlles
Basic ffinan￿al l'abilities, induding credtiors and bank toans are initially recognised at trgnsacllon piic8 unk8ss
Ihe aFfdngemenl cor151ilul85 a financSng IiansaclSon, where the debt Instrument is measured at the present
Value of the future payments discDunl8d al a market rale of interest. Fin8n¢i?I liabilities cJa3sified as payable
wlthln one year are not aTllOrtlsed.
Debt instruw*Thts are subsequentty carried al amortised cost, using Ihe effective interest rate rnethod.
Tradè creditors ara oblkJallons to pay for goods or servThs that have been acqulrad in thè ordinary course of
operations from suppliers. Amounts payable are dassified as cu￿ent liabilib'es if payment 15 du8 Wtthin on
year or less. If not, they are pres¢nted as non-wrrenl liabilèties. Trade creditors are recognised in￿allY 8t
transa¢tiM price and Subsequent￿ meaSU￿d al amortised ¢ost using the eff¢¢twe interest method.
De￿cOgni¢l¢>n of ffnanelalliabiliTres
FinancAal liabilities are derecognised when the cha￿t￿6 o)ntractual obllgalions expire or are di5th8rged or
cancelled.
1.7 Taxatlon
The charity is exempt from tax on its charilable actvilies.
1.8 Fund Accounting
Unrastrtded funds Induding Incomlng rasources r8celvab]e or genarated for tha objécas of Ihe charity urithoul
further specified puwrK)se ale available as general funds. These fLtnds can be used in accL)rdanc8 wtth th8
charitable 0tr4'ectNe8 al the dlgcrelk)n of the trust8es.
Deslgnated lunijg are those Set aglde by lh8 trustees out of unreslricled general funds for sp8cffic future
purposes.

Draft Flnancial SLitements at 07 March 202S at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcl8s
(Conlinuodl
1.9 Op•ra￿n9 l•a*lng cornmitsnents
Rantals paid undar operating le3sa$ ar• ¢harged to Ihe profft and loss actount on a straight Ilne basis over
the period oflhe lease.
Critical accounting e8tim•tes and judgem•nts
In Ihe appllcatlon of Ihe rhartys accounllng poltles. the trustèès are rÈqulred lo make judgements. esllmales
and a55urnplions atx>ut the Garrying amount of assets and liabilities that are not readily apparenl from other
8ourc68. The estimalos and a380cialed assumptions are based on hkslorical eXperIen￿ and other factors that
are c4)nsidered lo be relevant. Actual results may drffer from these estimates.
The estima1es and unde￿.Th3 assumptions are reviewed on an ￿goI￿a basis. Revisions to a￿)UntIng
eslimales are recognised in the period in which the estimate is ieM8ed where the revision affect5 On￿ that
pèriod, Dr in th9 pwiod ol the revision and future periods where the affeds both current and future
pemods.
Donatlon8 and legacles
2024
2023
Donation5 and gifts
DonatK)ns.' UK C*1 & Gas
Donated goods and senrices
1,426
149.719
13,200
1,554
147,872
13,200
184.345
182,626
vestments
2024
2023
Interest receivable
3.575

Drnft Flnanclal Statrments at 07 March 2026 at 11:57:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Charilable activiti¢•
2024
2023
Depwalton
IT, postsge and stslionery
Advarh'sing
Sundry
Church seNce expenditure
Hospitalty
437
1,024
165
360
3,447
613
533
330
553
2.455
431
E ij
Travèl and subsistence
Church of ScAJtland c£ssts
Offshor8 allowan¢
Re¢rullment and leg81 fees
Car hire costs
Tel6phonè
Serwces & facAlilEs
Hardship disbursements
8,(￿3
70.642
21,
3,167
8,498
55.272
20.968
9,778
4,Q12
981
13,200
37,837
619
13,200
54.711
177.448
154,844
Support Co$ts
Bank tharges
Independent examiner
197
2.718
232
2.450
180,￿1
157.526
None of the trustees {or any persons connected with them) recewed 8ny remunetslon OT beneffts from the
Charity during the year.
Taxation
The charity is exempt from lax on income gains falling within section $05 of the Taxes Act 1988 or seclitx)
252 of the Taxationof Chargeable GainsAct 1992 to the exlent Ihal the8e 8re 8pplied lo its charitable objects.
ID_

Draft FlnaAeial Statsmènts at 07 March 202S at 11:S7:24
THE UK OIL & GAS CHAPLAINCY TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Tanglbla flxod ass•ts
and
At 1 January 2024
Additions
Disposals
813
1,9)8
(813)
At 31 Der£mber 2024
1,908
Dèpre¢latlon and Impalm*nt
Al 1 J8nu8ry 2024
Dèpraciat￿n thargad in th& yèar
Eliminat8d in re5pe(X of disposaL%
813
437
18131
At 31 De￿Mber2O24
437
Carying amount
At 31 DerEmber 2D24
1.471
At 31 D￿mber 2023
Grndltors: arno￿ts lalllng due wlthln om yoar
2024
2023
Other credrtors
AcLruals and deferred Income
52,312
2.646
16.864
54,958
19,314
10 Unrestrlcte(I funds
The income funds of the tharity indude unrestricted ful￿3 cornprising the fL41IMing Lmexpended balances of
dOnat￿S and gTanls held on trust..
Movgmpnt in funds
Resourc88 Bzlanc• at
endod 31 D•t*nbBr
2024
B8Lqn¢èat
l Jatsuary 2024
Generdl Fund
159.201
167,920
(180,361)
146,760
11 R¢latsd paty transactiom
There were no disckjsable related party Iransact*Jns during the year.
11