|OCCAC Annual
Report
2020 —2021|OCCAC Annual
Report
2020 —2021||||||||||||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Sfek0t+
Financial
Accounts for|2020|||- 2021||||||||||||||||||||||||||||| ||(336*j(0t+
Report ofthe Trustees for the Year ended 31th||||||||March 2021||||||||||||||||||||||||| |Ths|Trustees have pleasure
in presenting
their report with the audited
financial statements
ofthe Oxfordshire
Chinese||Community|||||||and||Advice|Centre (OCCAC)||||||for the||||year||ended|||31|||||| |March 2021.|||||||||||||||||||||||||||||||||| |The|financial statements
comply with the Charities Act 2011 and Accounting
and Reporting
by Chanties: 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 (FRS102)(effective||||||||1|January 2019).||||||||||||||||||||||||| |Charitable
Status|||||||||||||||||||||||||||||||||| |The|Oxfordshire
Chinese
Community
and Advice Centre is a registered
charity and is governed
by its Constitution
adopted
on|||||16th June, 1991. Its registered||||||||||||number|||||is|1006710.|||||||||| |Charitable
Objects|||||||||||||||||||||||||||||||||| |OCCAC exists to serve the Chinese
community
in Oxfordshire
by assisting
them
in gaining access to services and||benefits they||||||are|||entitled to and|||helping|||them|||to integrate|||||into society.||||||||| |The main objectives ant:|||||||||||||||||||||||||||||||||| ||(i)
To help the needy by the provision
ofadvice and assistance;||||||||||||||||||||||||||||||||| ||(ii)
To advance education
and to improve
living and employment
skills;||||||||||||||||||||||||||||||||| ||(iii)
To provide recreational
&cultural,
art & music activities; to combat social isolation and improve
quality of|life|||||||||||||||||||||||||||||||| ||(iv)
To promote
healthy
living and good mental
health.||||||||||||||||||||||||||||||||| |Public Benefit|||||||||||||||||||||||||||||||||| |Ths|Trustees have a duty to report on the public benefit that OCCAC brings to society
Each year the Trustees
review|||OCCAC's|||||objectives and activities to|||||||||ensure that||||||they|continue||||to reflect its|||aims,|In| |carrying
out this review the Trustees have considered
the Charity Commission's
general guidance
on public benefit.||In||particular,|||||the Trustees||||consider|||how||planned||||activities||||will||contribute||to the||aims and|| |objectives they have set.|||||||||||||||||||||||||||||||||| |OCCAC's purposes
and aims are set out above in the section entitled
'Charitable
Objects'.
OCCAC has sought to||achieve these|||||||objects by undertaking|||||||the||following||||activities:|||||||||||| ||(i)
Opening
the Centre for the needy,
isolated,
alder,
non-English
speaking
Chinese people to drop
in and seek|||help,|||||||||||||||||||||||||||||| ||enabling
them to gain equal access to services through
the provision
ofadvice, translation
and interpretation||||services;||||||||||||||||||||||||||||| ||(ii)
Organising
appropriate
educational
talks, workshops
and classes to enhance
clients' career prospects
and||||||||||||||||||||||||||||||||| ||promote good citizenship;||||||||||||||||||||||||||||||||| ||(iii)
Organising
suitable
cultural,
music and recreatianal
activities for the scattered Chinese
community
to combat|||social||isolation,|||||||||||||||||||||||||||| ||(iv)
Organising
health talks and walks, mental
health support
and carers' support
activities as well as day care for the elderly;||||||||||||||||||||||||||||||||| ||(v)
Acting as a bridge between the Chinese community,
the wider community
and public bodies;||||||||||||||||||||||||||||||||| ||(vi)
Recruiting
volunteers
to help and serve the Chinese community
and the needy people
in society.||||||||||||||||||||||||||||||||| |Achievements
and Performance|||||||||||||||||||||||||||||||||| |OCCAC has been serving the local Chinese community,
especially the disadvantaged,
vulnerable,
non-English-speaking,|||||older||members
over||||||the|last|29years,|||||providing||||culturally,||||ethnically,|||and||| |linguistically
appropriate
services.|||||||||||||||||||||||||||||||||| |OCCAC's overall performance
is limited
by the resources
that it can obtain. The demand
for services far exceeds what||||it|can|provide|||||mth cunent resources.||||||||||||||||||||||| |Our|activibes and achievements
from April 2020 to March 2021 are summarised
as follows:||||||||||||||||||||||||||||||||| |(i) COVID-19 Support|||||||||||||||||||||||||||||||||| ||-Set up 9WeChat and WhatsApp
groups for over 1,000 people to send out updates
on government
rules and regulations||||||||and NHS advice|||||regarding||||COVID-1||||9|||||||||||| ||- Helped vulnerable
and older members
order food and basic necessities
online, access food donations,
and|collect prescriptions||||||||||during|the|lockdown.||||Delivered|||||donated|||face masks|||||and|deaning|| |materials|||||||||||||||||||||||||||||||||| ||—Organised
22 additional
online health talks given by doctors and health professionals
from Hong Kong and|China|||||||||||||||||||||||||||||||| ||—Organised
a fundraising
activity to donate PPE to Oxfordshire
hospitals
when they had a shortage ofsuch|equipment||||initially.|||||||||||||||||||||||||||| |(ii)|Advice Work||||||||||||||||||||||||||||||||| ||—Provided
minimum
advice service to the very vulnerable
non-English-speaking
Chinese due ta lack ofadvice|work funding.|||||||Areas indude||||health||and mental||||||health,|||COVID-1||||9advice, funeral,|||||| |homelessness
and benefits|||||||||||||||||||||||||||||||||| ||-Signposted
and referred clients to relevant
social and pubhc services||||||||||||||||||||||||||||||||| |(iii)|Community
Activibes||||||||||||||||||||||||||||||||| ||- Chinese
New Year & Dragon Boat Festival Celebrations
were cancelled
in 2020. Mid-Autumn
Festival 2020,|Christmas||||and||||Chinese
Nsw Year Celebrations|||||||||||2021|||were held||||online;|||||| ||- Holding
online festival celebrations
has led to a loss of donations
and fund-raising
income,||||||||||||||||||||||||||||||||| ||- Could not organise and deliver various face-to-face activities for different
community
groups such as the elderly,||women,||||youth,|||||carers and mental||||health|||support||||groups.||||||||||| |(w)|Elderly Day Centre & Lunches||||||||||||||||||||||||||||||||| ||—Suspended
Elderly Day Centre and lunches
in compliance
to government
COVID-19 regulations||||||||||||||||||||||||||||||||| ||—Delivered 59Tuesday
and Thursday
online Connect Group sessions
via Zoom, with survival
English sessions and||||health|||quizzes to reinforce knowledge|||||||||||learned||||in online health||||||and mental|||health|| |talks|and workshops||||||||||||||||||||||||||||||||| |(v)|Chinese
Health,
Mental
Health and Carers Project (Apnl 2018 - March 2023) - Big Lottery Fund||||||||||||||||||||||||||||||||| ||From Apnl 2020 to March 2021||||||||||||||||||||||||||||||||| ||-Organised
34 health
and mental
health
talks; assisted 324 clients with health and mental
health
information,|advice and|||||interpretation||||||||||||||||||||||||||| ||-Due to the COVID-19pandemic,
all community
actwities were held online. 2,076 people participated
in the online||||community||||||activities such|||as health||||and|||mental|||health||talks and workshops,||||||online|| |connect groups and community
music & art, cookery and seated exercise sessions|||||||||||||||||||||||||||||||||| ||-Organised 29 weekly online cookery sessions
with retired and amateur cooks sharing recipes and cooking skills||||||||||||||||||||||||||||||||| ||- Organised 29 music & art sessions
with professional
and amateur
singers
performing
and leading
Chinese songs||||||||||||||||||||||||||||||||| ||—"Happy Growing and Healthy
Eating" scheme: Despite losing access ta the community
allotment,
we encouraged||||63|users||||and volunteers||||ta grow|||plants||||and||vegetables|||||at home and|||in their||| |backyards,
maintain
healthy
eating habits, and enjoy improved
nutrition,
hydration
and wellbeing.|||||||||||||||||||||||||||||||||| ||—75 vulnerable
and socially isolated Chinese were visited; 49 carers and their families benefitted
from online|carers' gatherings|||||||||||||||||||||||||||||||| |Structure,
Governance
and Management|||||||||||||||||||||||||||||||||| |The|Management
Committee
(MC) directs the general management
and policy of OCCAC.
It must meet at least four times a|||||year,||||and consists of between||||||||four||and||ten||members||||who ars elected||||at the|| |annual
general
meeting
by the membership
of OCCAC.
Election is for three years, and one third of the committee||retires|||annually|||||by rotation|||and|shall|be eligible||||||for|re-election.|||||The||membership|||ofthe|| |MC|includes
people from ths local Chinese community
as well as those with specialist
skills.||||||||||||||||||||||||||||||||| |The pool of specialist
skills available
to OCCAC is enhanced
by the appointment
of advisers,
who are not necessarily
members,|The pool of specialist
skills available
to OCCAC is enhanced
by the appointment
of advisers,
who are not necessarily
members,|The pool of specialist
skills available
to OCCAC is enhanced
by the appointment
of advisers,
who are not necessarily
members,|The pool of specialist
skills available
to OCCAC is enhanced
by the appointment
of advisers,
who are not necessarily
members,|The pool of specialist
skills available
to OCCAC is enhanced
by the appointment
of advisers,
who are not necessarily
members,|but who|may be called|may be called|may be called|upon to give|upon to give|specialist advice on|specialist advice on|specialist advice on|specialist advice on|specialist advice on|specialist advice on|specialist advice on|an ad hoc basis.|an ad hoc basis.|an ad hoc basis.|an ad hoc basis.|an ad hoc basis.|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |A scheme of delegation
is in place and day-to-day
responsibility
for the provision
of the services rests with the Administration
Officer. The Administration||||||||||Officer is responsible|||||for||ensuring||that||the|charity|| |delivers the services specified
in its aims and objectives.|||||||||||||||||||||||| |Going concern|||||||||||||||||||||||| |OCCAC's objectives,
aims, actwities, achievements
and performance
are set out on page 2, while a||'Financial
revieur
is induded|||below.||||||||||||||||||| |The financial
position ofOCCAC, its liquidity
position and reserves are described
in the financial statements|||and notes|on pages|6to 10. In||addition,|note 2 to the financial||||||statements||||includes|||OCCAC's||| |policies for managing
its funds.
The management
offinancial
and other risks is described
below.|||||||||||||||||||||||| |OCCAC has sufficient
liquid ffnancral resources
in its bank deposit accounts
totalling
around F107,000ofwhich 654,000 has been set aside as designated||||||||||contingency|||fund|to|safeguard||||the operations||||of| |OCCAC in meeting
its charitable
objectives taking
into due consideration
such risks posed to OCCAC, and|||the possible|need for|reserves to||meet cash||flow difficulties,||||as well||as||statutory||laws||and||| |legislation
affecting redundancy
provisions.
In the current economic climate
it is difficult to be certain||about|ongoing
funding
from||local authorities
and|||donations.|||||||||||||||| |OCCAC was awarded
a 5-year grant at the end of March 2018from the Big Lottery Fund, for the period Apnl 2018to March 2023. With||||||the reduction||of staff working||||time and|||increased|||efforts|||in searching||| |for grants
and fundraising,
the Trustees consider that the Centre has adequate
resources
to continue||in operational
existence for at least 2 years.
Thus they continue||||||||||to adopt|||the going concern basis of||||||||| |accounting
in preparing
the annual
financial statements.|||||||||||||||||||||||| |Risk Management|||||||||||||||||||||||| |The Trustees are responsible
to oversee OCCAC's risk management
activities.
Detailed considerations
of|||risk are delegated
to the Administration
Officer.
The risks|||||||||to which OCCAC is exposed are|||||||||||| |evaluated
annually
when preparing
and updating
the Service Strategy and Trustees'
Report.
The risks, as|||identified
by|the Trustees, have been reviewed||||||and systems|||established||||to mitigate|||those||risks.|| |Financial
review and results for the year|||||||||||||||||||||||| |The Oxfordshire
Chmese
Community
and Advice Centre continues to pursue
its objectives as stated||above|and the moneys which have|||been given towards these objects and|||||||||the manner||||in which|||these|| |moneys have been expended
or set aside for future use are shown
in the Accounts on pages 5to 7|||||||||||||||||||||||| |We continue
to set aside funds to safeguard
the operations
of OCCAC in meeting
its chantable
objectives taking
into due consideration||||||such|nsks posed|||to OCCAC,||and the possible need for reserves|||||||||||to| |meet cash flow difficulties,
as well as statutory
laws and legislation
affecting redundancy
provisions.|||||||||||||||||||||||| |Statement ofTrustees'
Responsibilities|||||||||||||||||||||||| |The Charity Trustees are responsible
for preparing
Trustees'
annual
report and financial statements|in accordance
with|||apphcable|law and United
Kingdom
Accounting||||||||Standards||||(United||Kingdom||||| |Generally
Accepted Accounting
Practice).|||||||||||||||||||||||| |Charity law requires
the charity Trustees
to prepare financial
statements
for each financial
year which||give a true and fair view of|||the state of||affairs of the|||charitable|organisation|||||and of||the incoming|||||| |resources and application
of resources,
including
the income and expenditure,
ofthe charity for that|period.||In preparing|financial|statements,||the Trustees are required||||||to:||||||||||| |- select suitable
accounting
policies and then apply them consistently;|||||||||||||||||||||||| |- observe the methods
and principles
in the Charities SORP;|||||||||||||||||||||||| |- make judgements
and accxrunting
estimates
that are reasonable
and prudent;|||||||||||||||||||||||| |- stats whether
applicable
accounting
standards,
comprising
FRS102, have been followed, subject||to any|material
departures
disclosed||||||||||||||||||||| |and explained
in the financial
statements;|||||||||||||||||||||||| |- prepare the financial statements
on the going concern basis unless
it is inappropriate
to presume||that the|||||||||||||||||||||| |Community
and Advice Centre
will continue
to operate.|||||||||||||||||||||||| |The Trustees are responsible
for keeping adequate
accounting
records that are sufficient to show and explain the charity's transactions||||||and disclose with||||reasonable||accuracy|||at|any time|||the|financial|||| |position ofthe Community
and Advice Centre and enable them to ensure that the financial
statements||comply with the Charities Act 2011,the Charity||||||(Accounts and||||Reports) Regulations|||||||2008||and|the|| |provisions ofthe royal charters
and bye-laws.
They are also responsible
for safeguarding
the assets||ofthe|Community|and Advice Centre and hence||||for||taking reasonable||||steps||for the||prevention||||and|| |detection offraud and other irregulanties.|||||||||||||||||||||||| |The Trustees ofthe chanty are aware of their duty under section 17ofthe Charities
Act 2011to have||due regards
to public benefit guidance|||||published||by|the Charity||Commission|||||for England|||and Wales.|||| |Each person who is a Trustee at the date of approval
of this report confirms that:|||||||||||||||||||||||| |(a) so far as the Trustee is aware, there is no relevant
audit information
ofwhich the auditors are unaware,|||and||||||||||||||||||||| |(b) each Trustee has taken
all the steps that they ought to have taken to make themselves
aware of|any relevant
audit||||||||||||||||||||||| |information
and to establish
that the auditors
are aware ofthat information.|||||||||||||||||||||||| |Auditors|||||||||||||||||||||||| |A resolution
for the reappointment
of M Y Teh &Co Limited as auditors for OCCAC will be proposed||at the|forthcoming|Annual
General||Meeting.|||||||||||||||||| |On behalf ofthe Trustees|||||||||||||||||||||||| |Opinion|Opinion||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |We have audited
the financial statements
of Oxfordshire
Chinese
Community
8 Adwce Centre for the year ended 31st March 2021 which compnse||the Statement of||Financial||||Activities,|||| |Balance Sheet and the related notes, including
a summary
of significant
accounting
pokcies|The financial
reporting
framework
that has been applied
in their preparation|||||is appkcable|||law|and|| |United
Kingdom
Accounting
Standards,
including
Financial
Reporting
Standard
102The Financial
Reporting
Standard
appkcable
in the UK and Republic of Ireland|||(United
Kingdom||||||Generally||| |Accepted Accounting
Practice).|||||||||||| |In our opinion, the financial statements|||||||||||| |gwe a true and fair view ofthe state ofthe charity's
affairs as at 31st March 2021 and of its incoming
resources
and application
ofresources for||the year then ended;|||||||||| |have been properly
prepared
in accordance
with United
Kingdom
Generally
Accepted Accounting
Practice and|||||||||||| |have been prepared
in accordance
with the requirements
ofCharities Act 2011.|||||||||||| |Basis for opinion|||||||||||| |We conducted
our audit
in accordance
with International
Standards
on Auditing
(UK) (ISAs (UK) and applicable
law. Our responsibilities
under those standards
are|||further descnbed||||||in the||| |Auditor's
responsibilities
forthe audit of the financial
statements
section ofour report.
We are independent
ofthe charity
in accordance
with the ethical requirements||||that are|||relevant to|||our|| |audit ofthe finanmal
statements
in the UK, including
the FRC's Ethical Standard,
and we have fulfiled our other ethical responsibikties
in accordance||with these requirements.||||||We believe|||| |that the audit evidence we have obtained
is sufficient and appropnate
to provide a basis for our opinion.|||||||||||| |Conclusions
relating to going concern|||||||||||| |We have nothing
to report in respect ofthe following
matters
in relation to which the ISAs (UK) require
us to report to you where.|||||||||||| |— the trustees'
use ofthe going concern
basis of accounting
in preparation
ofthe financial
statements
is not appropnate;
or|||||||||||| |— the trustees
have not disclosed
in the financial
statements
any identified
material
uncertainties
that may cast significant
doubt about the charity's||ability to continue|||||||||| |to adopt the going concern basis of accounhng
for a period ofat least twelve months
from the date when the financial
statements
are authonsed||for issue|||||||||| |However,
as we cannot predict
all future events or conditions
and their outcomes,
the above|conclusions
are not a guarantee
that OCCAC will continue
in operation|||due to|||||||| |uncertainties
caused by the impact ofCovid-19 pandemic.|||||||||||| |Other information|||||||||||| |The other information
comprises
the information
included
in the annual
report, other than the|financial
statements
and our auditors'
report thereon. The trustees are||responsible|||||for the other|||| |information.
Our opinion
on the financial statements
does not cover the other information
and we do not express an audit opinion or any form ofassurance
conclusion|||||thereon.||||||| |ln connection
with our audit ofthe financial
statements,
our responsibility
is to read the other|information
and,
in doing so, consider whether
the other information
is||materially||||inconsistent||||with| |the finanual
statements
or our knowledge
obtained
in the audit or otherwise
appears
to be materially
misstated.
Ifwe identify such material
inconsistencies
or apparent||||||matedial|||||| |misstatements,
we are required
to determine
whether there is a material
misstatement
in the|finanaal
statements
or a matenal
misstatement
of the other information.|||If,||based||on the work|||we| |have performed,
we conclude that there is a material
misstatement
of this other information,|we are required
to report that fact. We have nothing
to|report in this regard.|||||||||| |Matters on which we are required to report by exception|||||||||||| |We have nothing
to report in respect ofthe following
matters
in relation to which the Chanties|(Accounts and Reports) Regulations
2008 require us|to report to you|if, in|||our opinion:|||||| |—the information
given
in the Report ofthe Trustees
is inconsistent
in any matenal respect|with the financial
statements;
or||||||||||| |- sufficient accounting
records have not been kept; or|||||||||||| |— the financial statements
are not in agreement
with the accounting
records and relume; or|||||||||||| |— we have not received
all the information
and explanations
we require for our audit.|||||||||||| |Responsibilities
oftrustees|||||||||||| |As explained
more fully in the Statement
ofTrustees
Responsibilities
on page 3, the trustees|are responsible
for the preparation
ofthe financial
statements
and for||being satisfied that they||||||||| |give a true and fair view, and for such internal
control as the trustees
determine
is necessary|to enable the preparation
ofthe finanwal
statements
that are free from|||material|||mistatement,||||| |whether
due to fraud or error|||||||||||| |In prepanng
the finanmal
statements,
the trustees are reponsible
for assessing
the charity's|ability to continue as a going concern, disclosing, as applicable,
matters|||related to||||going|concern||| |and using going concern basis of accounting
unless the trustees either intend to kquidate
the charity or to cease operations,
or have no realistic altenative
but to do||||so|||||||| |Auditors
responsibilities
for the audit ofthe financial statements|||||||||||| |We have been appointed
as auditors
under section 145ofthe Charities
Act 2011 and report|in accordance
with the Act and relevant
regulations
made or having effect|||||thereunder.|||Our||| |oblectives are to obtain reasonable
assurance
about whether
the financial
statements
as a whole are free from matenal
misstatement,
whether
due||to fraud or error,||and to issue an|||||auditors'||| |report that includes
our opinion.
Reasonable
assurance
is a high level ofassurance,
but is not a guarantee
that an audit conducted
in accordance||with ISAs (UK) will always|||||detect||a material||| |misstatement
when
it exists
Misstatements
can arise from fraud or error and are considered|matedal
if, individually
or in aggregate,
they could reasonably
be expected|||||to influence|||the||| |economic demsions
ofusers taken on the basis ofthese financial statements.|||||||||||| |A further descnption
ofour responsibilities
for the audit ofthe finanmal
statements
is located|on the Financial
Reporting
Council's website at
www. frc.org.uk/auditorsresponstbiiities.||||||||This||| |description
forms part of our auditors'
report.|||||||||||| |Use ofour report|||||||||||| |This report is made solely to the chadity's trustees, as a body,
in accordance
with Part 4 ofthe Charities (Accounts
and Reports) Regulations 2008||Our audit work|has||been||undertaken|||so|| |that'we
might state to the charity's trustees those matters we are required
to state to them
in|an auditors'
report and for no other purpose
To the fullest extent permitted|||||by law, we|||do not||| |accept or assume
responsibility
to anyone other than the chanty and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have|||formed.||||||||| ||Cate
5th August 2021||||||||||| |Meng Yong Teh (Senior Statutory Auditor)|||||||||||| |For and on behalf of M Y Teh SCo Limited|||||||||||| |Chartered
Certified Accountants
and Statutory Auditors|||||||||||| |M YTeh &Co Limited
is eligible to act as auditors
under section 1212ofthe Companies
Act|2006||||||||||| ## |1.
Organisation|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Oxfordshire
Chinese
Community
&Advice Centre is a registered
Charity.
(Registration
No. 1006710)|||||||||||||||||||| |The Community
&Advice Centre is governed
by its Constitution
adopted
on 16th June, 1991and
it is constituted as an unincorporated||||association||The Centre had|||||10Trustees|||in||the year|||| |2020-21, about one third ofthe Trustees are elected annually
for a 3year term by OCCAC members
at the annual
general
meeting.
The administrative|||||||office is at 44B Princes Street||||||||||||| |Oxford OX4 1DD.|||||||||||||||||||| |2.
Accounting
Policies|||||||||||||||||||| |a)
Basis of Accounting|||||||||||||||||||| |The financial statements
have been prepared
under the historical cost convention
with items recognised
at cost or transaction||value unless otherwise|||||stated||in the relevant|||note|(s)|||to|these||| |accounts.
The accounts have been prepared
in accordance
granth 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)effective|||||||||1 January 2019),the|||||Financial|||||| |Reporting
Standard
applicable
in the UK and Republic of Ireland (FRS 102)and the Chanties Act 2011.|||||||||||||||||||| |OCCAC meets the definition
ofa public benefit entity under FRS 102|||||||||||||||||||| |b)
Preparation
ofaccounts on a going concern basis.|||||||||||||||||||| |OCCAC was awarded
a 5-year grant at the end of March 2018from the Big Lottery Fund, for the period April 2018to|March 2023 With|||the reduction|||ofstaff||working||time|and increased|||||||| |elforts
in searching for grants and fundraising,
the Trustees consider that the Centre has adequate
resources
to continue
in operational||||existence||for|at least||2 years.||Accordingly,||||they||||| |continue to adopt the going concern basis in preparing
the financial statements as outlined
in the report ofTrustees
on page 3|||||||||||||||||||| |c)
Income recognition|||||||||||||||||||| |All income is recognised
once the charity has entitlement
to the income,
it is probable that the income
will be received|and the|amount|of income||receivable|||can be measured
reliably.||||||||||If|| |grants and other sources of income relate to a specified period they are time apportioned
over the period to which they apply.||Grants,|which are||paid||as a reimbursement|||||ofspecific|||||||| |expenditure
incurred,
are allocated to the period
in which that expenditure
takes place.|||||||||||||||||||| |Restncted
income includes amounts
received from government
and local authorities
to fund specific aspects of OCCAC's primary
objectives. Where such income is||||||||||received
in advance|||||||||it| |is treated as deferred
income and released to income as the service is provided
over the period ofthe project.|||||||||||||||||||| |d)
Volunteers|||||||||||||||||||| |The Charity relies heavily on volunteers
who are mainly members
of the general
public.
The volunteers
play an important
role m orgainsing
events,||||||fund raising, food|||||catering
and|||providing|||||| |administrative
and derical work.
The value ofservices provided
by volunteers
is not incorporated
into these financial|statements.
In accordance||||with||the Charities SORP|||||(FRS102),|||||the||| |general
volunteer
time of regular participants
and members ofthe general
public is not recognised.|||||||||||||||||||| |e)
Donated services and facilities|||||||||||||||||||| |Donated services and facilities are recognised as income when received,
at the value ofthe gift to the charity provided|the value ofthe|||gift can be||measured|||reliably.||A corresponding||||||||| |amount
is then recognised
in expenditure
in the period ofreceipt.|||||||||||||||||||| |f)
Expenditure
recognition|||||||||||||||||||| |Liabilities are recognised as expenditure
as soon as there is a legal or constructive
obligation
committing
the chanty to that expenditure,||||it is probable|||that settlement||||will be required|||||and|||the| |amount ofthe obligation can be measured
reliably.
All expenditure
is accounted
for on an accrual basis.
Expenditure|indudes|any VAT which is|||reported as||||part of|the expenditure||||||to|||| |which
it relates.
All expenses
including
support costs and governance
costs are allocated
or apportioned
to the applicable
expenditure||||heading
where|||appropriate.|||Governance|||costs|||||are|| |those associated
with constitutional
and statutory
requirements.|||||||||||||||||||| |Where possible costs are allocated
directly to the activity that they are associated
with.
Where
this is not possible|costs are allocated
on an|||||estimated|||time basis or|||as agreed|||||by||the| |activities funders.
Failing that costs are allocated
in proportion
to the income attributable
to an activity|||||||||||||||||||| |g)
Tangible fixed assets and depreciation|||||||||||||||||||| |OCCAC capitalises assets whose value are over 6500. Depreciation
is provided
using the straight
line method at the|following|annual|rate to reduce the book value|||||||ofthe||assets|||||||| |concerned
to their estimated
residual
value over their useful working
lives. The life ofthe project is used if it is shorter|than the|normal|useful
worlong||||life.||||||||||||| |Fixtures,
fittings and equipment —20% on cost
(5years useful working
Irie)|||||||||||||||||||| |Computer,
plant and machinery —3333M on cost
(Between 3and 5years useful working
life)|||||||||||||||||||| |h)
Fund accounting|||||||||||||||||||| |OCCAC's funds consist of Restricted,
Unrestricted,
Base Funds and Elderly Welfare Fund
The unrestricted
funds are usually||referred||to as General|||Funds.||Restricted
Funds are||||||||||| |earmarked
by the funding
local authorities
or grant giving bodies for a particular
purpose
that is more specific than OCCAC's pnmary
objectives.|||||Unrestricted||||Funds|are those given||||||by||the|| |funders
towards the general objectives of OCCAC without
any restrictions
being imposed.
The Base Fund is a designated
contingency||||fund set aside|||to safeguard|||the operations|||||of||||| |OCCAC in meeting
its charitable
objectives taking
into due consideration
such risks posed to OCCAC, and the possible need for reserves to meet||||||cash flow|||difficulties, as|||well as||statutory|||||| |laws and legislation
affecting redundancy
provisions.
A fourth fund
—The Elderly Welfare Fund, set up after receiving|a 85,000 donation|||from an|anonymous||||couple||in 2007/08, was|||||spent|||| |for the benefit ofthe needy
elderly,
in relation to trips and lunches,
at the discretion
ofthe Management
Committee
or|Administration
Officer.||||||||||||||||||| |Examples of Restricted Funds are those given for specific health and mental
health projects, or training courses,
while|General|Funds|are applied|||to advice||and community||||work.|||||||| |Since Restricted Funds are normally
spent within twelve months
of receipt, any interest earned forms part ofthe General
Fund.|||||||||||||||||||| |OCCAC's policy is to use General
Funds to supplement
the restricted
activities where appropriate
orto provide
match|funding|where
it|is required|||to secure||fundings.|||||||||||| |Gift Aid is induded
gross i.e. including
tax recoverable
from HM Revenue
and Customs.|||||||||||||||||||| |i)
Pensions|||||||||||||||||||| |OCCAC operates a defined
contribution
pension scheme for the benefit of its staff.
Contributions
payable
are charged|to the Statement|||of Financial Activities|||||in the|period||in which|||they are||||| |payable.|||||||||||||||||||| ||||||||||31/03/2021|31/03/2021|31/03/2021|31/03/2021|||31/03/2021|31/03/2020| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Unrestricted|Restricted||||||| ||||||||||Funds
f|Fundsf|||||Totalf|Totalf| |3.|463t2L36/843k&A.||Income from|donations
and||legacies||||||||||| |||/63k|Donations||||||2,890.00||||||2,890.00|10,145.65| ||163k/LW.3tiaay||Gift Aid||||||16,621.34||||||16,621 34|17,213.72| ||||||||||19,511,34||||||19,511.34|27,359.37| ||tgllf|ata8|Donated facilities *||||||18,000.00||||||18,000.00|18,000.00| ||||||||||37,511.34||||||37,511.34|45,359.37| ||||*OCCAC received a donation|||in kind, from||Oxford City Council, for the rent of premises,|||the value of||which|included|in these financial statements|| ||||was f18,000|(2020:|618,000).|||||||||||| ||||Income from|charitable
activities||||||||||||| ||||Local Authorities:|||||||||||||| ||||Oxford City|Council|||||6,479.00||||||6,479.00|5,704.00| ||6 I'4|4"u|Oxfordshire|County|Council|—Sustainabilty||fund|||7,000.00||||7,000.00|7,000.00| ||jrf/9 &(4/r A/64I 8||Oxfordshire|County|Council|- Innovative||Project|||7,000.00||||7,000.00|4,791.69| ||||Oxfordshire|County|Council|- Priority Fund|||300.00||||||300.00|| ||IIa664-)L+||National
Lottery|||||||||||||| ||||Health,|Mental Health 6||Carers Project||||35,555.00|||||35,555.00|47,199.25| ||+gtrg+||Music Therapy|||||||||||||7,500.00| ||4/I@II(5%46||TNLCF|—COVID|19Support|||||48,71800|||||48,718.00|| ||||Other Grants|||||||||||||| ||||Oxon Community
Foundation||||||5,000.00||||||5,000.00|| ||||Arts Council||||||||3,000.00||||3,000.00|| ||||Fundralsing
activities|||||||||||||| ||||Sale ofFood & Matenals||||||4,932.91||||||4,932.91|5,682.40| ||||Membership|Fees|||||740.00||||||740 00|609.00| ||||Event Charges||||||20.00||||||20.00|6,433.45| ||||||||||17,471.91|101,273.00|||||118,744.91|84,919.79| ||||Local Authority
Grants above:||||||Nature ofthe grants|||||||| ||||Oxford City|Council|||||Provide funding
to run|celebrations||and provide basic necessities to members||||affected by COVID-19| ||||Oxfordshire|County|Council|—Sustainabiity||fund|Provide funding
to run|Elderly|Day|Centre||||| ||||Oxfordshire|County|Council|- Innovative|Project||Provide funding
for community||therapeutic||music|and arts|activities|| ||||Oxfordshire|County|Council|- Priority Fund|||Provide subsidy for the|core costs for OCCAC||||||| |||||||||31/03/2021||31/03/2021||31/03/2021|31/03/2021|31/03/2020| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted|Restrtcted|||||| |||||||||Funds||Funds|Total|||Total| |||||||||6|||5|||8| |14.|IS&6tA.|Income received
In advance||||||||||||| |||Balance brou
ht forward||||||||0.00|||0.00|24,697.94| |||Plus received
durin
the||sar||||||||||| |||Oxford City Council||||||855.00|||||855.00|| |||Arts Council||||||||10,500.00|||10,500.00|| |||BLF Covid -19Support||||||10,000.00|||||10,000.00|| |||Anonymous||||||2,000.00|||||2,000.00|| |||Garfield Weston Foundation|||Grant|||10,000 OO|||||10,000 00|| |||Fusion Education
Support||||||500.00|||||500.00|| |||||||||23,155.00||10,500.00|||33,655.00|| |||Less credited to revenue||durin||the|ear|||||||| |||Music Therapy
Fund||||||||||||7,500.00| |||Innovative 8 Creative Project||||||||||||4,791.89| |||Health,
Mental
Health|&|Carers||Project||||||||12,30825| |||||||||0.00||0.00||||24,597.$4| |||Balance cerned forward||||||23,155.00||10,500.00|||33,655.00|| |||The above incoming
resources||||are|not recognised|in the current year but deferred||until the period|in which OCCAC|is|entitled to expend ths resource.|| |||||||||31/03/2021||31/03/2021||31/03/2021||31/03/2020| |||||||||Unrestricted|Restricted|||||| |||||||||Funds||Funds|||Total|Total| |||||||||5||8||||6| |||Charity Funds||||||||||||| |||Balance brought
forward||||||||||||| |||General
Fund||||||4,799.58|||||4,799.56|4,240.85| |||Designated
Base Fund||||||53,581.88|||||53,581.88|57,488.31| |||Elderly Welfare Fund||||||||282.91|||282 91|282.39| |||||||||58,381.24||282.91|||58,664.15|61,991.35| |||Surplus/(Deficit)
for the|year|||||||||||| |||General Fund||||||10,527.08||O.00|||10,527.08|-3,441.09| |||Designated
Base Fund||||||34.21|||||34.21|113.89| |||Elderly Welfare Fund||||||||0.14|||014|O.52| |||||||||10,561.27||0.14|||10,561.41|-3,326.68| |||Transfers
between
funds||||||||||||| |||General
Fund||||||O.00|||||0 OO|4,000.00| |||Designated
Base Fund||||||O.00|||||0.00|4,000.00| |||Elderly Welfare Fund||||||O.OO|||||O.OO|O.00| |||||||||0.00||0.00|||0.00|0.00| |||Balance carried forward||||||||||||| |||General
Fund||||||15,141.43||0.00|||15,141.43|4,799.58| |||Designated
Base Fund||||||53,815.89|||||53,815.89|53,581.88| |||Elderly Welfare Fund||||||||283.05|||283.05|282.91| |||TOTAL Funds||||||58,757.32||283.05|||69,040.37|58,664.15|