Transcript

Annual Report and Financial

Statements for the year ended31 December 2017

Aldates Community Transformation Initiatives

Registered Company Limited by Guarantee 07279350

Registered Charity 1143136

Aldates Community Transformation Initiatives (ACT!}Annual Report and Financial Statements for the year ended 31 December 2017

Registered Company I.imited by Guarantee, number: 07279350

Registered Charity, number: 1143136

Registered office: 40 Pembroke Street, Oxford, OX1 1BP

Introduction

The trustees present their report and financial statements for the year ended 31 December 2017.

The financial statements have been prepared in accordance with the accounting policies set out in note

1and comply with the charity's Memorandum and Articles of Association, the Charities Act 2011, theCompanies Act 2006, and Accounting and Reporting by Charities: Statement of Recommended Practice

applicable to charities preparing their accounts in accordance with the Financial Reporting Standard

applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP {FRS102)).

Aldates Community Transformation Initiatives ("ACT!")was incorporated on 9 June 2010 as a private

company limited by guarantee. The company was granted charitable status and registered as a charity

on 27 July 2011. During the period from incorporation to 31 December 2011,the company was

dormant. The activities, together with some of the income and expenditure of the St Aldates'

Community rransformation programme (which had been in existence for a number of years prior to2011)were transferred from St Aldates Parochial Church Council (also a registered charity) to thecompany with effect from 1 January 2012.

ACTI seeks to build a community where prisoners, ex-offenders and others in need experienceacceptance, support and opportunities to become all they were intended to be. Our team of staff and

volunteers meet people in prison, work with them as they leave and support them as they settle back

into the community. We help them, and others in need, to cope with the difficulties they face and we

support them so they can flourish. At each stage, we have a range of services and opportunities

designed to address physical, emotional and spiritual needs to enable them to move forward, maintain

momentum and avoid re-offending. All this is done in the context of community —a community ofpeople with all sorts of different backgrounds, committed to encouraging one another to keep going

and become all they were intended to be.

In the six years the charity has been operational, there have been some inevitable challenges, but we

have also seen many lives transformed —prisoners becoming model inmates, coming off drugs, ex-

offenders housed, getting jobs, gaining places at university, and not re-offending.

Structure, governance and management

The trustees, who are also the directors and who served during the year were:

Revd Charlie Cleverly (Rector of St Aldates)

Mrs Tian Davidson (Treasurer)

Mr Huseyin Djemil (appointed 21 September 2017)Dr Funmi Durodola (resigned on 27 July 2017)Mr Chris Gillies (Chair and St Aldates Parochial Church Council nominee)

Ms Claire Mortimer

Mr Crispin Westhead.

Aldates Community Transformation Initiatives (ACT!)

Annual Report and Financial Statements for the year ended 31 December 2017

The trustees have delegated day to day running of the charity to a Managing Director, who is the most

senior paid member of staff. The Managing Director attends trustee meetings but is not a trustee or

director of the company. As explained in last year's annual report, following the resignation of the

previous Managing Director In December 2016, David Portway was appointed as the new Managing

Director with effect from 1 June 2017. In addition to the Managing Director, during 2017 the charity

had four members of staff for the majority of the year (seconded from St Aldates' PCC) and more than

100 volunteers.

Method of appointment of trustees

One trustee shall be the Rector of St Aldates Church (or his nominee) and a further trustee is a nominee

of St Aldates parochial Church Council. There must be a minimum of four trustees. Vacancies are filled

either by personal invitations made to individuals known to have relevant skills matching current needs

or by advertisement. All trustees must subscribe to the charity's ethos statement. Appointments

follow an assessment meetIng with at least two Board members.

Induction and training of trusteesRelevant training and induction is offered to new trustees in line with their experience and knowledge

of the work of ACTI.

Objectives and activities

ACT!'s primary aim is the relief of people in need, particularly offenders, ex-offenders, those who are

homeless, asylum seekers and people suffering from addiction or mental illness. Our ethos and

approach are set out in a separate document known as the ACTI Ethos Statement, which is available todownload from the charity's web site (www. actoxford. corn).

The trustees confirm that they have referred to the Charity Commission's guidance on public benefit

when reviewing the charity's aims and objectives and in planning future activities.

ACT!'s aims are delivered as part of a three-stage programme:

Mcc'thlg people Helping People Suppurtin ~

a~

Stage1: ImprisonedHere we meet people who are in need, primarily in prison, but also imprisoned by drugs, alcohol,

homelessness or other chaotic conditions and sItuations in life.

Stage2: ReleasedAt this stage we meet people on release from prison and those who are seeking to journey out ofdestructive, chaotic and addictive behaviour. This stage is critical and what happens here often

determines whether people will move on or relapse into reoffending behaviour.

Stage3: FlourishingHere we help people get some stability into their lives and begin to contribute to our community and tosociety. This is the time when we start to see those we work with become the people they were always

intended to be.

Aldates Community Transformation Initiatives (ACTI)Annual Report and Financial Statements for the year ended 31 December 2017

During 2017 we ran a number of projects in each stage.

Stage 1- ImprisonedThese are primarily projects run in prisons local to Oxford - HMP Bullingdon, HMP Huntercombe andHMP Springhill as well as in Campsfield Immigration Detention Centre.

visiting and mentoring prisoners one on one on the wings (in conjunction with the prison

chaplaincy);

supporting those with legal hearings, often associated with deportation;writing to prisoners and providing books, to offer them comfort, hope and solace;

running the Christian faith based Alpha course - exploring the importance of faith and

spirituality in our daily lives, for prisoners on the main wings in Bullingdon and Springhill; wealso work with vulnerable prisoner wings in HMP Bullingdon;

walking the areas of Oxford we know to be popular with people who are rough-sleeping, tobefriend, support and invite them to access the free services that ACT provide;

our weekly Monday evening meal is an opportunity for those in need in Oxford to engage with

us and begin a journey of recovery;

our monthly community meal hosts vulnerable individuals from around Oxford and is an

opportunity to sign post them to services that will help them find support, for example to find

accommodation or to start addressing their addictions.

Stage 2 —In TransitionThese projects focus on supporting people in the transition from being imprisoned (either literally ormetaphorically) into the community.

"Meet at the Gate" - our dedicated project officer, Rob Rogers, oversees volunteers meetingprisoners at the gate on the day of their release, helping them integrate into the communityand avoid reoffending;"Meet at the Hostel" —like "Meet at the Gate", we also now spend significant time in the localbail hostel supporting the residents whilst on licence and living in the city, as well as supportingthe bail hostel staff;

we offer one-to-one mentoring with trained mentors to journey with individuals, helping themavoid re-offending and work out their rehabilitation;

we offer prayer and spiritual guidance to those who request it to help identify the root causesof their lifestyle issues;

our weekly ACT group meeting on a Monday night is open to anyone vulnerable in the city ofOxford, but we have seen significant numbers attending from the bail hostel; this is a time forindividuals to enjoy a cooked meal, kind company, hear a short talk and discuss it.

Aldates Community Transformation Initiatives (ACTI)

Annual Report and Financial Statements for the year ended 82 December 2017

Stage 3 —FlourishingThese projects take place outside prison, to help ex-offenders and rough sleepers successfully integrate

into society, as they begin their personal Journey of recovery and restoration.

weekly lunchtime meeting, we meet for food and peer support, often inviting somebody from

the community to share their story or a reflection and then look at elements which help us on

our own Journey;

regular day trips, a Christmas meal and times away together out of Oxford, when we go away as

a group for several days, including an optional Christian retreat;the mentoring and support programme, delivered by carefully recruited and trained volunteers,

provides one on one support for those in our community;

the housing programme; we take referrals from the prison chaplains, the Probation Service and

any other credible referral agency including mental health teams and the police; following

successful interview and assessment, we offer a place In a shared house or flat with off-site

support;our volunteering programme provides a range of opportunities for people to keep busy,

develop skills, and prepare for employment;

at the right time, we support our community members to find Jobs.

Our Partners

We would like to thank all the organizations and individuals who have supported us in our work this

year, and particularly our volunteers and donors. Much of what ACTI has achieved has been reliant on

their valuable contributions, In all their various forms. Thank you, specifically, to the following donors:

St Aldates Church;

St Aldates Parochial Charity;

The Rank Foundation;

The Zurich Foundation;

Gladiator Trust;

St Giles Trust.

We also wish to express our thanks to the following partner agencies and organizations with whom we

have worked closely during the year:

Thames Valley Police;

Alpha for Prisons;

Chaplaincy Team at HMPs gullingdon, Springhill and Huntercombe;

Chaplaincy Team at Campsfleld Immigration Detention Centre;

Turning Point;

Crisis Old Fire Station;

The Edge Housing Association;

St Mungos;

Oxford Winter Night Shelter;

Clarkes House;

Hope into Action;

Oxford Community Church;

Oxford Homeless Pathways;

St Aldates Church;

Thames Valley Probation Service, especially those in local hostels;

The Poplars- retreat centre.

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Aldates Community Transformation Initiatives (ACT!}Annual Report and Financial Statements for the year ended 31 December 2017

Our Staff and UolunteersWe would like to thank the members of staff and the many volunteers without who none of this work

would be possible. In particular: Susan

Cuthbert

fo tirelessly leading the prison ministry and all thoseon our prison teams; Rob Rogers for leading our work with those on release and a II those who mentorex-offenders; ]emma I'Ons for leading on housing; Claire Mortimer and her team for leading theCommunity Meal; Caroline Lennartson for her one on one ministry; our ACT! Interns; Rachel Smith forrunning our office; Sally Wright for leading our intercession team; all those volunteering for thecommunity meal or as mentors, and everyone else who so generously supported ACT! with money,skills or time.

Achievements and Performance

Stage 1- In PrisonOur work continued to grow in 2017, despite the challenges of changing regimes and cut-backs in theprison service. Over SO volunteers took part in our prison teams, giving many hundreds of hours ofservice to support hundreds of prisoners.

Achievements included:

We ran a continuous Alpha course over the year at HMPs Bullingdon and Springhill, with

attendees from many different faiths and non-faith backgrounds, seeing much positive effectand change in the lives of the inmates attending. Our vulnerable prisoners' group at HMP

Bullingdon has also been strong, alternating Alpha with other courses.

Chaplaincy work continued. Members of our prison team were involved in leading services atHMPs Bullingdon, Springhill and Huntercombe, as well as at Campsfield Immigration Removal

Centre.

In 2017, we piloted a ten-bed night shelter for 26 nights in February 2017, providing overnight

shelter for 17 homeless people during the coldest part of the year. This provided us with

invaluable learning and a template for a larger project in 2018.In addition, our outreach work to those locked into a chaotic lifestyle by addiction and serious

poverty in the community continued. The community mea I for the homeless regularly cateredfor more than 80 individuals and continued to be held in high regard amongst those in need.

Stage 2 - In TransitionOur "Meet At The Gate" programme continued during the year, whilst our "Meet at the Hostel"

programme has developed considerably, working in close partnership with staff at the local probationhostel.

Throughout the year, 35 people were trained as mentors and we supported fifteen prisoners on

release. One was recalled to prison, two have moved on, with the remainder still engaged with

the programme.

Our team continued to run life skills courses for the residents of the localprobation hostel. Wecontinue to be one of the very few voluntary organisations providing such a service. This has

also resulted in wider links with the probation service through, for instance, referrals for our

support.

Aldates Community Transformation Initiatives (ACT!)

Annual Report and Financial Statements for the year ended 31 December 2017

Stage 3 - FlourishingWe have had the privilege of seeing a number of individuals flourish during the year.

The sense of community and peer support continued. Monday night dinner remained strong,

attracting around 25 people each week and the Wednesday lunchtime group continued

throughout the year.We ran another successful retreat to Ledbury as in previous years.

We increased our housing stock from three to seven properties which are privately owned,

managed by ACT and let to our community members. We continued to provide structured

support for each resident, including our successful cooking club, where they learn together how

to plan and prepare meals on a budget. The increase in properties has enabled us to provide

accommodation to a growing community of residents, who support one another within the

context of the houses.

Our volunteer and embryonic work programme continued throughout the year. Most weeks we

ran trips to a Cotswold farm renovating their gardens. Two of our housing residents found a joband one has moved on into private rented accommodation.

Commenting specifically on the goals in last year's annual report, we met or exceeded all of the goals

we set.Recruit and induct a new Director - MetUse the opportunity of the appointment of a new Director to review and, if appropriate,

consider proposals to strengthen our work - Met

Expand housing programme by at least two places and increase the capacity of our residential

support commensurately - Exceeded

Begin employment programme —Met (our new Director has changed the programme design tohelp Individuals find work that is suited to their specific skills)

Pilot a night shelter during January/February 2017, evaluate learning from the pilot and decide

whether to continue in the future —Met

Financial Performance

Overall income for the year fell from F112,618 in 2016 to F109,850 in 2017. Expenditure for the year

was E97, 783 (2016:6100,797). This reflects the fact that we were without a Managing Director for the

first half of 2017. We are able to carry forward a surplus of E12,068 (2016:f11,821); this helps to

ensure continuity for our paid staff and the ongoing work of our programmes thanks to a growth in

unrestricted funds. Once again, the charity received additional donations in kind in the form of office

accommodation and office services from St Aldates Parochial Church Council, estimated to be worth

about E33,000.

ReservesThe charity has total funds at the year-end of f59,000 of which E13,000 were restricted.

Aldates Community Transformation Initiatives (ACT!)Annual Report and Financial Statements for the year ended S1 December 2017

The FutureThe trustees have agreed the following goals for 2018:

~ Develop and launch a city-wide night shelter in partnership with "OWNS", an ecumenicalproject being run by Oxford churches.

~ Expand the housing programme with the addition of a further property.~ Recruit a full-time housing support worker.~ Investigate and implement more robust processes for effective measurement of our activity

and impact.~ Develop new sources of funding.

Thanks to the quality of our staff, volunteers and partner organizations, we are confident of deliveringhigh quality services in the coming financial year which will enable us to achieve our primary aim andmake progress towards these goals.

Risk Management

ACT! is exposed to disks associated with governance, operational activity, finance, the externalenvironmental and legal compliance. Risks in each of these areas is specifically assessed and reviewedthrough our risk register, and any necessary mitigating action is taken. The most significant risks areconsidered to be as follows:

Risk

Members aren't safeguarded orenabled to flourish in their physical,

spiritualor mental well-being

Staff/volunteers aren't safeguardedor enabled to flourish in their

physical, spiritual or mental well-

being

We can't raise funds within StAldates or externally

Examples of Mitigating Actions

Regular staff meetings as forum to raise concerns.Informal categorisation of members and needs.Training on de-escalation methods and suicide warning.

Referrals to/from external agencies for support services.Weekly intercession process.

Approach benchmarked against similar groups through~ii k. ikk tpRisk assess all residents thoroughly before taking them in toour houses.

Volunteer and mentor training.

Regular catch-ups for key volunteers with their pointperson.

Regular staff meetings as forum to raise concerns.Weekly intercession process.Keep church regularly informed about ACT's work.Annual vision night.

Communications strategy.External fundraising to be a key focus for the new Director.

As the organisation grows and develops, the Trustees will continue to build appropriate risk

management policies and processes to reflect the changing nature of the organisation.

Remuneration of Senior Managers

The ACT Director is the sole senior manager, and on appointment his remuneration package wasbenchmarked against comparable roles, such as CEOs of small to medium sized charities and seniormanagers within the probation service.

Aldates Community Transformation Initiatives (ACTI)

Annual Report and Financial Statements for the year ended $1 December 2017

Disclosure of information

Each of the trustees has confirmed that there Is no information of which they are aware which is

relevant to the financial statements, which is not mentioned in this report or the accounts themselves.

Small company provisions

This report has been prepared In accordance with the special provisions relating to small companies

within Part 15 of the Companies Act 2006.

On behalf of the board of trustees

A. C. Gillies

Chair of the Board of Trustees

Aldates Community Transformation initiatives (ACTI)Annual Report and Financial Statements for the year ended $1 December 2017

Independent Examiner's Report to the Trustees ofAldates Community Transformation Initiatives (ACTI)

I report to the chadty trustees on my examination of the accounts of the company for the yearended 31 December 2017 which are set out on pages 10 to 14.

Responsibilities and basis of reportAs the charity trustees of the company (and also its directors for the purposes of company law)you are responsible for the preparation of the accounts in accordance with the requirements ofthe Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the company are not required to be audited underPart 16 of the 2006 Act and are eligible for independent examination, I report in respect of myexamination of your company's accounts as carried out under section 145 of the Charities Act2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by theCharity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statementI have completed my examination. I confirm that no matters have come to my attention in

connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the company as required by section 386 ofthe 2006 Act; or

2. the accounts do not accord with those records; or3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act

other than any requirement that the accounts give a 'true and fair view' which is not a matterconsidered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of theStatement of Recommended Practice for accounting and reporting by charities applicable tocharities preparing their accounts in accordance with the Financial Reporting Standardapplicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examinationto which attention should be drawn in this report in order to enable a proper understanding of theaccounts to be reached.

John Gould BScFCA

Wenn Townsend Chartered Accountants

30 St Giles

Oxford

OX1 3LE

Statement of Rnancial Activities for the Year ended 31 December 2017

Income and Endowments

Oonations and Legacies

Voluntary Income - Grants

Voluntary Income- Other

Investment Income

Lettings Income

Project Income

Incoming resources from charitable activities

Total Income and Endowments

ExperldItura

Expenditure on Charitable Activities

Salaries, Nl and pensions

settings expenditure

Other ministry expenses

Travel and subsistence

Other administrative costs

Unrestricted

Funds

E

11,250

14,696

59451

85,515

1 3466

56,950

201

497

1,964

Restricted

Funds

6

24,335

24,335

19

474

Tuteijunds

2017

35,585

14,696

18

59552

109,850

36,962

56,950

220

971

2,679

TuteiFunds

2016

47,643

11/I95

13

53,787

112,618

53,349

45,576

925

Total Expenditure

Netincome/(expenditure)

63,078

227I37 (10,369)

97,782

12,068

100,797

11,821

Gross transfers between funds

Net income/(expenditure) after transfers

3,773

26,210

(3,773)

(14,142) 12,068 11,821

Other recognised gains/(losses)

Net movement In funds

Total funds brought forward from 2016

26,210

19,790

(14,142)

27,142

12,068

46,932

11,821

35,111

Total funds carried forward 46,000 13,000 59,000 46,932

Prior Year comparatives

unrestraresFuuse

4

2014

R«rrhtesFusee

Tuml Fuum

t

2015

Tuml FBlfee

f

Tetel Iweem end Eedenmeute

Tumi emmdmre ere,srs 17,943 n2548

81.996 149,79718,801 ar, em

These figures do not take into account indirect costs, estimated to be E33 000 for 2017, Incurred by St Aldates PCC In

supporting the charity. This Includes the cost of offices, facilities, meeting rooms and support services such as

accounting and payroll, all of which were donated in kind.

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Balance Sheet es at S1 December 2fj17

2017 2016

Current assets

Cash at bank and in hand 62,049 61,128

Total current assets 62,049 61,128

Debilities: amounts due within one year 3,049 14,196

Net current assets 59,000 46,932

Total assets less current Rabgltles 39,000 46,932

Liabilities: amounts due over one year

Net assets 39,0tXI 46,932

Funds

Unrestricted

Restricted

46,000

13,000

59,000 46,937.

For the year ending 31December 2017, the company was entitled to exemption from audit under section 477 of the CompaniesAct 2006 relating to small companies.

- The members have not required the company to obtain an audit of its accounts for the year in question in accordancewith section 476,

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect toaccounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies'

regime.

Registered Company Limited by Guarantee, number: 072793SO

Registered Charity, number: 1143136Registered office: 40 Pembroke Street, Oxford, Oxl 1BP

Approved by Aid ates Comunlty Transformation Initiatives on 0 SfW2Pff and signed on its behalf by:

Chris Gillies lChair of Trustees)

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Accounts for the year ended $1 December ZD17

Statement of Cash Flows for the year ended 81December $1 December 2017

2017

82016

Cash flows from operatIng acthrltles

Net cash provided by operating activities ~12,050 ~12,808

cash cows from Investing activities

Dividends, Interest and rents horn Investments

Cash flows from financing activities

Change in cash and cash equivalents in the reponing pedod

Cash and cash equivalents at the beginning of the reporting period

Cash and cash equivalents at the end of the reporting period

Reconciliation of net income /[expenditure[ to net cash flow from operating activities

2017 2016

Net income/[expenditure[ for the reporting period

(as per the statement of financial activities)

Adjustments for:Dividends, interest and rents from investments

Net cash provided by operating activities

12,068

[18i12,050

11,821

(13)11,808

Analysis of cash and cash equivalents

2017 20168

Cash in hand

Notice deposits [less than 3 months)

Total cash and cash equivalents

62,049 61.128

62,049 61,128

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Accounts for the year ended 31 December 2017

Notes to the Financial Statements

1 Accounting Policies

Basis of Preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement ofRecommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard

applicable in the UK and Republic of Ireland iFRS 102) issued on 16 July 2024 as read with the Update Bulletin entitled 'Charities

SORP FRS 102 Update Bulletin', published by the Chartered Institute of Pubgc Finance and Accountancy, London, In 2016, theFinancial Reporting standards applicable in the United Kingdom and Republic of Ireland (FRs 102I, the charities Act 2011, theCompanies Act 2006 and UK Generally Accepted Practice as It applies from 1 January 2016.

The charity constitutes a pubgc benefit as defined by FRS 102.

The financial statements have been prepared on a going concern basis, as the trustees believe that no material going concern

uncertainties exist.

Incoming Resources

Planned giving receivable under Gift Aid is recognised only when received.

Income tax recoverable on Gift Aid donations is recognised when the income is recognised.

Lettings income comes from the management of houses used to provide supported accomodation to ex-offenders recently

released from prison. The charity collects rent as lettings income for a number of properties In Oxford on behalf of the landlords,

but does not itself own any property.

income from investments

Dividends and interest are accounted for when received.

Resources expended

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on thecharity.

Governance Costs

There were no specific governance costs for the year ended 31 December 2017.

The charity pays landlords for the use of their properties

Assets and Liabilities

Current assets

Any amounts owing to the charity at 31 December In respect of fees, rents or other income are shown as debtors less anyprovision that might be required for amounts that might prove uncollectable.

Liabilities are recognised as resources expended as soon as there Is a legal or constructive obligation committing the charity toexpenditure.

2 Salaryand Pension Cost

The charity staff are employed by St Al dates PCC and seconded to the charity. Some staff are funded directly by St Aldates PCC orthrough grants and donations received by St Aldates PCC and others are funded through grants received by the charity. The

charity reimburses St Aldates PCC for the direct costs of employment for those staff members funded through grants received by

the charity. The average number of

staff

seconde to ACTI from St Aldates PC was 5 f2016: 6]. All pension liabilities remain with

St Aldates PCC.

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Accounts for the year ended 31 December 2017

Notes to the Financial Statements

3 Independent Examiner's Remuneration

Fees totalling 6720 [2016:5720[ were due to the Independent Examiner for the year.

4 Trustees remuneration

No remuneraffon was paid or expenses reimbursed to the Trustees during the current or preceding year.

5 Creditors

Amounts due within one year2017

6

2016F.

Amounts due to St Aldates PCC

Aocruals

13,596

600

14,196

6 Ftrrlds

Analysis of net assets by fund

Unrestricted Total FundsnsstrIcrsd Funds

Funds 2017

f 6 6

Current assetsCurrent liabilities [3,049)

13,000 59,000

7 Related Party Transactions

St. Aldatas' PCC [registered charity 1131154)are deemed a related party of the charity as they have a number of common trustees

curing the year, St Aldates PCC paid expenses totaging 62 242 [2016:614 034] on behalf of the charity, and the charity reimbursed

St Aldates 613,595 [2016:61,045) . The charity made grants of 636,962 [2016:633,400) to the PCC during the year. At the balance

sheet date the amount owed to the PCC was 61664 [2016:613 596) .

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Accounts for the year ended 31 December 2017

Nates to the Financial Statements

8 Manaaement accounts fer the year ended 31December 2017including St Aldates PCC ACT department acnvlty

Income and Endowments

Donations and Legacies

Voluntary Income —Grants

Voluntary income -Other

Investment Income

Lettlngs Income

Ministries income

Total income and Endowments

ACri in 5I

A leases POC

6

47,624

57.583

Vile

106W I

ACT! Charity

5

35,585

14,696

18

59,551

109,850

83,209

72,279

18

59551

1,014

216,071

108,469

29,607

13

53,787

1,766

193,642

Expenditure

Salaries, Nl and pensions

Catering and Hospitality

tunings expenditure

Other ministry expenses

Travel and subsistence

Other administrative costs

Totalexpenditure

28,203

9/I52

628937722

I2A52

6J,588

36,962

78

56,950

142

971

2,679

97,782

65,171

58,615

6,431

3,992

134,209

100,859

IOA81

45+76

595

3,873

6,291

167,775

Net income/(expenditure) 44'632 ~22'068 ~56'700I

~25/I67

These figures do not take into account indirect costs, estimated to be E33 000 for 2017, Incurred by St Aldates PCC

in supporting the charity. This includes the cost of offices, facilities, meeting rooms end support services such as

accounting and payroll, ag of which were donated in kind.

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