| Oasis Community | Church (Worksop) | ||
|---|---|---|---|
| Contents | |||
| Charity information | |||
| Report ofthe | management committee |
||
| Independent | examiners report |
||
| Statement of | financial | activities | |
| Balance sheet | |||
| Notes to the financial | statements |
| Oasis Community Church (Worksop) |
Oasis Community Church (Worksop) |
|||
|---|---|---|---|---|
| Charity Information | ||||
| Charity Number | 1052626 | |||
| Trustees | Steve Williams | Chairman | ||
| Caroline McGrath |
Treasurer | |||
| Paul Wrobel | Secretary | |||
| Margaret Cluroe |
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| Jean Joseph | ||||
| Address | Oasis Community | Centre | ||
| c/o 17Marquis Gardens | ||||
| Retford | ||||
| Nottinghamshire | ||||
| DN22 7JB | ||||
| Accountants | Darbys Limited | |||
| 19The Square | ||||
| Retford | ||||
| Nottinghamshire | ||||
| DN22 6DQ | ||||
| Bankers | Nat West | |||
| Worksop Branch | ||||
| - | Solicitors | Stephen Marshall |
||
| Geldards Solicitors | ||||
| Derby | ||||
| DE1 1BT |
| Statement of Financial Activities | Statement of Financial Activities | for | |||||
|---|---|---|---|---|---|---|---|
| the year ended 28February 2021 | |||||||
| 2020 | |||||||
| Restricted | Unrestricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| Incoming resources | |||||||
| Income and endowments | from: | ||||||
| Grants, donations, | gifts & | subscriptions | 170,497 | 32,882 | 203,379 | 130,075 | |
| Charitable activities |
1,695 | 1,695 | 10,943 | ||||
| Investments | 7 | 7 | 51 | ||||
| 170,497 | 34,584 | 205,081 | 141,069 | ||||
| Resources expended | |||||||
| Expenditure on: |
|||||||
| Charitable activities |
130,610 | 61,256 | 191,866 | 109,897 | |||
| Depreciation | 27,614 | 419 | 28,032 | 28,172 | |||
| 158,224 | 61,675 | 219,899 | 138,069 | ||||
| Net income/(expenditure) | 12.273 | 27,091 | 14,818 | 3,000 | |||
| Transfers between | funds | ||||||
| Net movement in funds |
12,273 | 27,091 | 14,818 | 3,000 | |||
| Reconciliation offunds: | |||||||
| Total funds brought | forward | 316,150 | 58,237 | 374,387 | 371,387 | ||
| Total funds carried | forward | 328,423 | 31,146 | 359,569 | 374,387 |
| Balance Sheet | ||||||
|---|---|---|---|---|---|---|
| as at 28 February 2021 | ||||||
| 2020 | ||||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 277,393 | 305,425 | ||||
| Current assets | ||||||
| Debtors | ||||||
| Cash at bank | and in hand | 83,037 | 69,682 | |||
| 83,037 | 69,682 | |||||
| Creditors | ||||||
| Amounts falling due within |
||||||
| one year | 861 | 720 | ||||
| Net current | assets | 82,176 | 68,962 | |||
| Total assets | less current liabilities | 359,569 | 374,387 | |||
| Total net assets | 359,569 | 374,387 | ||||
| Funds ofthe | Charity | |||||
| Unrestricted | funds | 31,146 | 58,237 | |||
| Restricted funds | 328,423 | 316,150 | ||||
| Total funds | 359,569 | 374,387 |
| -9- | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Oasis Community Church (Worksop) |
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| Notes tothe financial statements | |||||||||
| for the year ended 28 February 2021 | |||||||||
| 1. | Accounting policies |
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| 1.1. | Accounting convention |
||||||||
| These accounts 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 | ||||||
| with the Statement of Recommended Practice: Accounting and Reporting by |
Charities preparing their |
accounts | in | ||||||
| accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland |
(FRS102)issued | on 16 | July | ||||||
| 2014 and with the Financial Reporting Standard applicable in the United Kingdom |
and Republic | of Ireland | (FRS102) | and | |||||
| with the Charities Act2011. | |||||||||
| 1.2. | Reconciliation with previous Generally Accepted Accounting Practice |
||||||||
| These are the first financial statements that comply FRS102 and the Charities SORP FRS102. |
The Charity | transitioned | on | ||||||
| 1st March 2014. No transitional adjustments were required. |
|||||||||
| In preparing the accounts, the trustees have considered whether in applying the |
accounting | policies required | by FRS102 | ||||||
| and the Charities SORP FRS102a restatement ofcomparative items was needed. No restatement was required. |
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| 1.3. | Income | ||||||||
| All incoming resources are included in the financial statements when the charity is |
entitled to | the | income, | it | is more likely | ||||
| than not that the trustees will receive the resource and the monetary value can be |
measured with |
sufficient | reliability. | ||||||
| Grants and donations are only included in the SoFA when the general income recognition criteris are met. |
|||||||||
| The charity has received government grants in the reporting period. |
|||||||||
| Donated services and facilities are included in the SoFA when received at the value of the gift |
to | the charity | provided | the | |||||
| value ofthe gift can be measured reliably. |
|||||||||
| The value ofvoluntary help received is not included in the accounts but is descibed |
in the trustees' | annual report. | |||||||
| Income from interest is included in the accounts when receipts is probable and the amount receivable can |
be | measured | |||||||
| reliably. | |||||||||
| Church members offerings received in the nature ofa gift are recognised in Donations, gifts and subscriptions. |
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| 1.4. | Expenditure and liabilities |
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| Liabilities are recognised when it is more likely than not that there is a legal or |
constructive | obligation | committing | the | |||||
| charity to pay out resources and the amount ofthe obligation can be measured with reasonable |
certainty. | ||||||||
| No material item ofdeferred income has been included in the accounts |
|||||||||
| A liability is measured on recognition at its historical cost and then subsequently |
measured | at the best | estimate of |
the | |||||
| amount required to settle the obligation at the reporting date. |
|||||||||
| Support costs have been allocated between governance costs and other support. |
Governance | costs comprise | all costs | ||||||
| involving public accountability ofthe charity and its compliance with regulation and |
good practice. | ||||||||
| Support costs include central functions and have been allocated to activity cost categories on |
a basis consistent | with | the | ||||||
| use ofthe resources. |
| Analysis ofex | penditure | Restricted | Unrestricted | Total | ||
| Expenditure on charitable |
activities | |||||
| Projects | 130,610 | 61,256 | 191,866 | |||
| Other | ||||||
| Depreciation | 27,614 | 419 | 28,032 | |||
| Details ofcertain items | of | expenditure | ||||
| Independent | examiners' | fees | ||||
| Tangible fixed assets | Long | Church | Total | |||
| leasehold | fixtures | |||||
| property | ikfittings | |||||
| improvements | ||||||
| Cost | ||||||
| At 1March 2020 | 414,206 | 15,093 | 429,299 | |||
| Additions | ||||||
| At 28 February | 2021 | 414,206 | 15,093 | 429,299 | ||
| Depreciation | SL15years | RB25% | ||||
| At 1March 2020 | 110,456 | 13,418 | 123,874 | |||
| Charge for year | 27,614 | 419 | 28,032 | |||
| At 28 February | 2021 | 138,070 | 13,836 | 151,906 | ||
| Net book value | ||||||
| At 1March 2020 | 303,750 | 1,675 | 305,425 | |||
| At 28 February | 2021 | 276,136 | 1,257 | 277,393 |
| Asat | Incoming | Outgoing | Asat | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 29.2.20 | resources | resources | 28.02.21 | ||||||||||
| Restricted | funds | ||||||||||||
| Leasehold | improvements | fund | a | 259,750 | 27,614 | 232,136 | |||||||
| Science Celebration | BSA | b | 728 | 500 | 1,228 | ||||||||
| Lloyds Bank SSE | d | 3,084 | 3,084 | ||||||||||
| Men on the edge | Wesleyan | g | 5,859 | 4,856 | 1,002 | ||||||||
| Rank Foundation | y | 2,000 | 2,000 | ||||||||||
| Thomas Farr | af | 5,000 | 5,000 | ||||||||||
| Donations | 1,000 | 1,000 | 2,000 | ||||||||||
| Creative Crafts | Westhill Endowment |
o | 1,060 | 1,060 | |||||||||
| Local improvement | Notts C | q | 8,875 | 8,875 | |||||||||
| Treasured | Kids | 8BCChildren | In Need | r | 10,000 | 8,500 | 14,197 | 4,303 | |||||
| Coalfields Regeneration | Trust | s | 925 | 925 | |||||||||
| Notts C | aa | 4,408 | 1,000 | 3,408 | |||||||||
| Thomas cook | ab | 2,000 | 2,000 | ||||||||||
| Donations | 0 | 3,131 | 3.131 | ||||||||||
| Faceto Face | Donations | 460 | 460 | ||||||||||
| Gardening | for | Life | Groun dworks | ac | 4,000 | 2,000 | 2,000 | ||||||
| Notts C | ad | 10,000 | 8,433 | 1,567 | |||||||||
| Veolia | ag | 921 | 921 | ||||||||||
| The edward | Gostline | ah | 5,000 | 5,000 | |||||||||
| Events | 3,300 | 1,250 | 3,300 | 1,250 | |||||||||
| Donations | 140 | 140 | |||||||||||
| Old Building/The | Edge | CAF | ai | 1,911 | 1,911 | ||||||||
| Events | 31,300 | 9,646 | 21,654 | ||||||||||
| Donations | 2,781 | 2,781 | |||||||||||
| MANNS | Notts C | aj | 6,050 | 6,050 | |||||||||
| Peoples Health | ak | 6,000 | 6,000 | ||||||||||
| Operation | Oasis | Notts C | al | 25,216 | 29,941 | 4,725 | |||||||
| CAF | am | 5,000 | 5,000 | ||||||||||
| Grounglworks | an | 1,000 | 1,000 | ||||||||||
| Good things | foundation | ao | 3,000 | 3,000 | |||||||||
| Covid 19Response | ap | 10,000 | 10,000 | ||||||||||
| Souter Charity | trust | aq | 3,000 | 3,000 | |||||||||
| Events | 100 | 100 | |||||||||||
| Donations | 288 | 288 | |||||||||||
| Census Support | Good things | foundation | ar | 2,493 | 2,493 | ||||||||
| Playground | Notts C | as | 25,000 | 20,214 | 4,786 | ||||||||
| Thomas cook | ab | 2,000 | 2,000 | ||||||||||
| SSE | at | 2,500 | 2,500 | ||||||||||
| BBCChildren | In Need | au | 2,000 | 2,000 | |||||||||
| Events | 4,073 | 1,158 | 2,915 | ||||||||||
| Donations | for | specific activities | L Leary | 1,000 | 200 | 1,200 | |||||||
| Unidentified | 10,845 | 10,845 | |||||||||||
| 316,150 | 170,497 | 158,224 | 328,423 | ||||||||||
| Unrestricted | funds | ||||||||||||
| General fund | 58,237 | 34,584 | 61,675 | 31,146 | |||||||||
| 58,237 | 34,584 | 61,675 | 31,146 | ||||||||||
| Total Funds | 374,387 | 205,081 | 219,899 | 359,569 |
| As at | Incoming | Outgoing | As at | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 29.2.19 | resources | resources | 28.02.20 | ||||||||
| Restricted funds | |||||||||||
| Leasehold | Improvements | fund | a | 287,364 | 27,614 | 259,750 | |||||
| Science Celebration | BSA | b | 1,000 | 1,000 | 1,272 | 728 | |||||
| Lloyds Bank SSE | d | 6,750 | 3,666 | 3,084 | |||||||
| Men on the edge | Wesleyan | 10,000 | 4,141 | 5,859 | |||||||
| John Mortimer | 5,000 | 5,000 | |||||||||
| Rank Foundation | 2,000 | 2,000 | |||||||||
| Jones Trust | 3,000 | 3,000 | |||||||||
| Donations | 1,000 | 1,000 | |||||||||
| Liquorice Garden | Heritage | Lottery | 500 | 500 | |||||||
| Tomorrow | People Project | Notts C | 5,000 | 5,000 | |||||||
| Water Fountain | Sustain Alliance | 2,000 | 2,000 | ||||||||
| Creative Crafts | Westhill Endowment | 2,500 | 2,500 | 3,940 | 1,060 | ||||||
| Oasis Kids | Donations | 850 | 850 | ||||||||
| Local )mprovement | Notts C | 2,625 | 2,625 | ||||||||
| Treasured | Kids | BBCChildren | In Need | 20,000 | 10,000 | 10,000 | |||||
| Coalfields | Regeneration | Trust | 10,000 | 9,075 | 925 | ||||||
| Notts C | aa | 11,492 | 11,492 | ||||||||
| Thomas cook | ab | 2,000 | 2,000 | ||||||||
| Donations | 1,746 | 1,746 | |||||||||
| Faceto Face | Donations | 640 | 180 | 460 | |||||||
| Gardening | for Life | Bright Ideas | 1,351 | 1,351 | |||||||
| Groundworks | ac | 4,000 | 4,000 | ||||||||
| Notts C | ad | 10,000 | 10,000 | ||||||||
| Events | 3,300 | 3,300 | |||||||||
| Donations | 140 | 140 | |||||||||
| Holiday Club |
Notts C | ae | 2,000 | 2,000 | |||||||
| Events | 703 | -703 | 0 | ||||||||
| Donations | for specific activities | L Leary | 1,000 | 1,000 | |||||||
| Unidentified | 27099.84 | -16255 | 10844.84 | ||||||||
| 309,715 | 118,846 | 112,411 | 316,150 | ||||||||
| 61,672 | 22,224 | 25,659 | 58,237 | ||||||||
| 61,672 | 22,224 | 25,659 | 58,237 | ||||||||
| Total Funds | 371,387 | 141,069 | 138,069 | 374,387 |