Oasis Church (Chadwell Heath) CharitablÈ Trust 1043748 Receipts and payments accounts CC16a For the perlod frorn 0110412023 To 3110312024 Unrestrirted funds to the nearest Endowment funds Restrlcted funè Total funds last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ Al Recei Receipts from Generated Funds Voluntary Income 45,219 1.300 45,219 1,300 45,427 305 Investment Income Sub totol (Gross income for AR) 46,518 46,518 45,732 A2 Asset and investment sales, see table Sale of Assets Sub totol Totol receipts 46.518 46,518 45.732 A3Pa ments Cost of Generating Funds Cha ritable Activities 62 26,680 684 62 74 26,68Q 684 25,162 648 Governance Sub total 27,427 27,427 25,884 A4 Asset and investment urchases see table Furniture Sub totol Total payments 27,427 27,427 25,884 Net olrecelpLs/(paymentsJ 19,092 19,092 19,848 A5 Translers between funds A6 Cash funds last year end 63,575 63,575 43,727 Cash fvnd5 thisyear end 82.667 82,667 63,575
Unrestrkted funds to nearest £ Restrlcted funds Endowffient fund5 to nearest £ to nearest £ Bl Cash funds CAFCASH 5,527 75,439 1,701 82,667 CAFGOLD PETfY CASH Totol cosh fvnds (agree balances with receipts and payments account(s11 Un rèstricted funds to nearest £ Restrirted funds Endowment funds to nearest £ to nearest £ B2 Other monetary assets Fund to whlch asset belongs Cost loptional) Current value {optional) B3 Investment assets Fund to which asset belon Cost (optional) Current value (optional) B4 Assets retained for the charitys own use Fund to whoch liabllit relates Amount due optlonal) When due (optional) B5 Liabilities Signature Print Name Date of approval Signed by all trustees on bèhalf of all thè trustees JEBANANDHAN RATNARAIAH 12111 08 / I1/2- 12/11 ?# AUGusfA HUGHES ALAN WRIGHT
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees/members of Oasis Church (Chadwell Heath) Charitable Trust On accounts for the year ended 31" March 2024 Charity no 1043748 Set out on pages Ito7 Respertive responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charitv Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. My examination was carried out in accordance with 8eneral Directions 8iven by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with thos@ r@cords. It also includes consideration of any unusual items ordisclosures in the accounts and seeking explanations from the trustees concernin8 any such matters. Th@ procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Basis of independent examiner's statement Independent exarniner's Statement In connection with my examination, no material matters have come to my attention (other than that disclosed below ) which 8ives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: Signed: 0910812024 Name: Maria Richardson Relevant professional qualification FCCA Address: Cornish & Sussex Suite, House 3, Lynder5wood Business Park CM77 8JT
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. January 2022
Trustees Annual Report April 2023 - March 2024 st The Trustees present their report and accounts for the year ended 31 March 2024. Structure, Governance and Management Governing Document The Trust was created by a Trust Deed dated l January 1995 and is a registered charity - number 1043748. Principal Address Oasis Church I, Mayfair Avenue Chadwell Heath Romford Essex RM6 6UD http://oasischurch.com Bankers CAF Bank Ltd PO Box 289 West Malling Kent ME19 4TA Trustees The Trustees are named below. Mr Jebanandhan Ratnarajah (Appointed April 2017) Mrs Augusta Hughes (Appointed August 2018) Mr Alan Wright (Appointed August 2020) Appointment and Induction of Trustees There has been no appointment of new Trustees in the period. Appointment of Trustees is governed by the Trust Deed of l January 1995. Orgaiiisational Structure Directions relating to the Charitable Trust are made by the Trustees in consultation with the Leadership Team. Day to day decisions on expenditure and activities are decided by the Leadership Team and the staff, with budgets set and monitored by the Trustees. The spiritual leadership of the Church (i.e. the Leadership Team) is authorised to appoint new Trustees to fill vacancies arising through resignation or death of an existing Trustee.
The Trustees meet once a year, as a minimum, to review the ongoing affairs of the Church. To a considerable extent, however, outworking of the Church's vision (for example, praying, visitin8 people, public teaching and worship), is undertaken by individual members of the Church in a voluntary capacity. The financial resources of the Church, to a very large extent, are given by the members and their private assets and equipment are regularly used in the Church's work. Much of this work is done privately, without recognition, and the hours and value of that time cannot be quantified. Investment powers The Trust Deed authorises the Trustees to make and hold investments usin8 the 8ener31 funds of the charity, but no such investments are presently held. Spiritual leadership The individuals named below are current members of the Leadership Team, which is responsible for the spiritual direction of the Church. Mr Jebanandhan Ratnarajah {Pastor) Mrs Ruth Ratnarajah (Pastor) Mrs Au8USta Hu8hes (Leadership Team) Mrs Christine Moses (Leadership Team) Risk management All major insurable risks are subject to normal churches, and employers, insurance. Contractual risks are reviewed before being entered into to assess whether they could significantly impact upon the Church's ability to fulfil its objectives. The Trust have a formal risk management policy. Objectives and activities Objects The Charitable Trust is constituted by Trust Deed and its main objects are to advance the Christian religion by such means as the Trustees consider necessary. Review of activities and developments Given the limited availability of the hired facility, the Sunday services tend to be the main church activity with pastoral and other activities being provided from memberfs accommodation. Sunday Services The church has met on Sunday mornings 11:00am at Castle Point, hired facility owned by Lifeline Community Church . The number of people attending church on a Sunday morning avera8es around 30. Giving The general rule has continued that Oasis wants to be a generou5 church and give approximately IOYO of income away to other Christian organisations.
Affiliations The Church remain a part of Churches in Communities (part of Churches Together in England) and Evangelical Alliance Voluntary Contributions The Church was able to continue its activities during the period due only to the generous support of its donors, largely but not exclusively the Church's members, and through the voluntary services they offer. The Trustees and Leadership Team accordingly wish to pay tribute to them for this and formally to thank them. Finances and reserves The Charity received net incoming resources during the year of £19,092, leaving reserves at the year end of £82,667 all of which relates to General Funds, being a figure the Trustees consider sufficient to meet current and ongoing activities and responsibilities, to meet the potential demands identified by the Trustees. The Charity continues to rely on the regular giving of the Church and volunteer help to achieve the vision set out above. Trustees, responsibilities in relation to the financial statements Charity law requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements" and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approval This report was approved by the Trustees and signed on their behalf. Augusta Hughes (Chair of Trustees) Date: 081,,12022fr