REGISTERED COMPANY NUMBER: 03164431 (England and Wales) REGISTERED CHARITY NUMBER: 1054524 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr MARCH 2024 FOR THE OASIS PARTNERSHIP UK (A COlVtPANY LITrUTED B Y GUARANTEE) Higgtnson & Co (UK) Ltd Statutory Audito 3 Kensworth Gate 2(K) - 204 High Sh'eet South Dunstable Bedfordshire LU6 3HS THE OASIS PARTNERSHtP UK CONTEI NTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ￿ND￿D 31sr MARCH 2024 Page Chairmanls Rcport Report of tlje Trustees 2 to 12 Report of the Independent Audléors 13 to 16 Statement of Flnanelal Activities 17 Statement of Financial Position 18 Statement of Cash Floivs 19 Notes to the Statement of Cash Flows 20 Notes to the Flnancial Stlltements 21 10 28 DetAiled Statement of Finaneial Aetivities 29 to 30 THE OASIS PARTNERSHIP UK CHAIRMAN'S REPORT FOR THE YEAR ENDED 31ST MARCH 2024 As we close another year, I reflect on a period marked by challenges and resilience, progress and adaptation. At Oasis, we remain steadfast in our n)ission to transfonn lives and uplift communities, and this year, despite obstacles, has been no exception. We have Continued to innovate and evolve our serYice4 launching initiatives such as the Social Prescribing Seivice, Media Launchpad, and Friends2Gelher Project, while steadfastly delivering oiir core prog'ammes like One Recovery Bucks and Routes to Work. These achievements have only been possible thanks to the dedication of our extraordinaiy staff, volunleetT, and supporters. Their comtnitment has allowed us to make a profound impact on tlie lives of so many individuals facing adversity. How¢v¢i'. this yeai. also presented significant fmancial cl)allenges. The conclusion of our long-standing N14S contsact, coupled with essential investnienls ¢0 develop future incoine streains. led to a reduction in our reseThes. The Board antÈcipated this shift, understanding it as part of a broader stt'alegic ￿nSItio1) aimed at secui'ing the chai'ity's sustainability and independence. While this change was not without ditTiculty, it undei3cores our commithient to innovation and agility in meeting the needs of our beneficiaries. Lookin8 ahead to 2025, we are optimistic. We expect these investmenls to bear fivit, creating new reveniie streams that will restoiy oui. reSe￿¢S to historic l¢v¢ls. Our Iiew Fundraising Strategy and Ihe continuation of the Knowledge T￿nSfe1. Paitnei'ship with Bucks New University wsilion us well to exploiE fresh opportun5ties for income genei2tion and ilnpacl. l am humbled and inspired by the resilience of our organisalion and the support we receive fix)m our community, partneis, and stakeholders. As we move inlo our 40th year. we stsnd ready to embrace the fu￿re with renewed purpose and determiiiation. Thank you for king part of this journey. Together, we will continue to make a meaningful diffeience iii the lives of those we serve. With ￿7titUde and best wishes for the year ahead, Philippe F. chaud1￿Y Chaii. of Boai'd of Trustees 24 December 2024 THK OASIS PARTNERSHtP UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST fvIARCH 2024 The trustees who are also directors of the charity for tlie p￿￿oseS of the Companies Act 2006, present tbell. report with the fmancial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to cha]-ities preparing their accounts in accoi'dance witl) the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (etTe¢tive l January 2019). THE OASIS PARTNERSHtP UK REPORT OF THE TRUSTfi ES FOR THE YEAR LNDID 31ST MARCH 2024 OBJEI CTIVII S AND ACTIVITIES Objectives and aim5 The Oasis Partne￿ip is a charilable organisation that focuses on providing social alld psycliological support seivices to individuals fa¢ing various challenges in t]ieir lives. These challenges include diug or alcohol problems, mental health issucs, homelessness, offending behavÈour. unemployment, social depi'ivatlDn, isolation, and loneitiiess. Oasis, main goal is to prornote healtj) and wellbeing among disadvantaged individuals. Staff and volunteei's work with service users to address their specific needs and provide assistance in overcomlng the obstacles they face. The services offered by the Oasis Partnership not only benefjt the direct recipients but also have a wsitive impact on their partners, families, fi'iends, the wider community, and partner agencies. Oasis recognises the interconnectedness of individuals and aitns to create a ripple effect of positive change by supporting those in need. Oasis is coinmitted to delivering the highest quality of services in a manner that aligns with the preferences and needs of the people we serve, actively exploring new and innovative approaches to our work, constantly striving to achieve positive outcomes for our beneficiaries. One key aspect of oui. woi'k is early intervention and prevention support. By identifying individuals who may be at I'lsk of substanc¢ misuse or who have life experieiices that could lead them down a path of substance misuse or mental health issues. The Oasis Partnership aims to intervene at an earlier stage in people's lives. By addressing these issues early on, we aim to mininiise potential barriers and p￿vent more significant pi'oblems from arising later on in a person's life. Overall, Oasis services contribute to the public benefit by improving the lives of individuals facing multiple challenges and by positively impacting their lives we hope to have an impacl on tlieir social Cllrles and the wider community. Sei'vice Provi5lOII This yeai. is a tt?nsitional year for the Oasis Partnership, as it will see the end of oui. long-teiTn partnetBliip with 'Inclusion MPFT NHS, where we have been Co￿eliVerIng the One Recovery Biicks (ORB) Sei'vice foi. the past 9 years, prior lo that we were delivering the STARS service tO8ether for 3 years. Thi'ougliout the year, Oasis has continued to provide oiir core conlrncts, One Recovery Bucks, Rough Sleepers Initiative and Roules to Woi'k, whilst conliiiuiiig to expand our S￿la1 Prescribing Service, the Media Laiinchpad and the Fi"iends2Gether Pi'oject. We coiitinued our Knowledge Transfer Pathiership with Bucks New Uiiiversity and Continued our fundraising plans. One Recovery Bucks Our main source of income was derived from the One Recovery Bucks (ORB) service, which is the adult substance misuse treatment service in Buckitigliamshire. Oasis has a sub-¢ontrncl with Inclusion, a part of the Midland Partnei'ship Foundation Tnist williin the NHS. Under this contract Oasis provide5 32 staff members who are integrated into the Clinical, Psycliosocial and Pharmacological team. The ORB service, which operates from Oasis premises is managed and led by Inclusion. On avei'age, there are approximately 1800 to 2000 seivice users receiving treatment at any given tÉme. Staff re¢eive good supervision and training oppoitunities and where we have vacancies. we engage agency staff to ILelp manage the caseload. The ORB contt'act ex6mplifies a successful partnership between the NHS and a chai'itable organisation. In addition to fiilfilling the col'e coiihxct IESPOll5ibilities, the Oasis Partne￿hIp goes ihe extra mile by actively fundraising lo provide a wide i?nge of "Recovery Focused activitie5. These adivilies include siipport for employability, physical activities, and the establis1)ment of Recovery Cafes at our sit¢s in Wycoinbe and Aylesbury. THE OASIS PARTNERSHIP UK REI PORT OF THE TRUSTEES FOR THE YEAR EDIDED 31ST MARCH 2024 Knowledge Transfer Partnei'ship The Oasis Partnei'ship is collaborating with Bucks New University through the Knowledge Transfei. Partnership (KTP) Projecl. This partnership aims lo develop new business models for Oasis in order to generdte income to support our aims and objectives. This opportunity is ellabling Oasis to take a piY)activ¢ appi'oach to sustainability and Ihe exploration of new avenues foi. funding and support, aiming to Ix le&s ￿lIant on donations and better abl¢ lo genei'ate unrestricted income to complement core busin65S. Tjie Oasis Partnership is pro-actively looking to expanding its seivices and exploring new initiatives to address v￿.10￿S s￿la1 challenges and suppoit oui. beneficiaries. This is particularly iniportanl as our future, without the core NHS contsact we have become so use4 will be a little Wicertai￿ and pla]Jning ond learning we have been woi'king on with Bucks New University. now will impact the potential for our success in Ibe ￿tU￿. Our Che5ham services Oasis has had a wondeifvl opportunity to pilot and develop services ID Chesham. Initially we were utilising the Bagnall pi-oject as our delivery venue, however the owiier decided io sell the property at the end of our 3-year ienl free period, in September, so we i'elocated services to the High Street, opening a new teinporary venue until the end of March. Through successfijl fundraising activities, Oasis has been able to continue to develop our new initialives, whilst also supporting ORB aiid the recovery network. These services include the Media Launchpad, Social Thv3cribing, Volunteei. Project, and the Fi'iends2Gether intergeneiational piDje¢t. Each of these initiatives addresses specific needs and aims to enhance the health and well-betng of individuals in diff¢rent ways. By developing these new services, Oasis has created a solid foundatÉon from which to ￿1)W in Ihe whilst also innovatively meeting ow. contract targets. These new activities were Ihoughifvlly designed to address vai'ious aspects of individual well-being. By offtrÉn8 a wide array of options, Oasis ensures that individuals can engage in activities that i'esonate with thell. lllterests and needs, whilst also eslablishing th￿re models of pi?ctice. We veiy much appreciated the opportunities we were given in Chesliain, however getting enough funding and support to maintain these pi'ojects proved difficult. We had ulili5ed some of our unrestricted reseives to support OLII. Social PIEsci'ibing Project, which was also supported with a grdnt from the Rothschild Foundation. The pi'oject was a great success - engaging over 715 clients, 750/0 of wliom had not t*en in touch with other support seivices befoiy. Oui. two yeai. Social Prescribing project closed in March, this also coincided witli the closure of our high street shop facility. RouteB to Worli Routes lo Work serves as the collective brand name for all of Oasis's employnient, training, skills, and education projects, We have contrdcts in place with Adviza as part of tb¢ Building FutuiEs pr0￿31nMe, which receives ￿llding fi'om the UK Shai'ed Th'osperity fvnd via Bucks Council to provide einployability support throughout Bucks, focussing on the most deprived wai'd area5 as part of tlie Opportunity Bucks strategic plan. Oasis also secured fimding from local housing provideis, Paradig￿ and Fairhive Homes to offer a targeted seivice to tlieii. residents. The Routes to Work teatn. located in AYI￿bUry. Wycombe, and Chesham, is dedicated to delivering hi￿-qUalIty, CuSt￿nised employability programmes. These prOgran￿￿¢S are designed to equip individuals with the necessary tools and skills for sustainable en]ployment. The team employs the "Outcome Star as a inotivation and measurement tool, enabling them lo pi'ovide support, monitor pri)gress, and iEPOrt on Ihe activities alid outconies of their programmes. By working closely with clients within a per50n-centred ethos, Oasis aims to support them in their journey towards employinent, pi'oviding them with the necessary rcsoiirces, guidance, and training to enhance their etnployability and recruitment poteiitial. The Rough Sleeper5 Initiative Oasis had established a collaborative partnership with various organisations, including Bucks Council, Aylesbury Homeless Action Group, Oxford Health, Bucks MÉDd, and Connection Support, to deliver the Rough Sleepei. Initiative (RSI), This initiative is focused on addressing the needs of the local homeless population in a compreheiisive mallner. THE OASIS PARTNERSHtP UK RLPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 As pait of tbe multi-agency t¢am involved in the RSI, Oasis employs 1.5 staff members who specifically woi'k with hornele5s individuals dealing with drug oi. alcohol problems. Their primary goal is to provid¢ support and motivation foi" these individuals to acces5 treatment iliiDugh the One Recovery Bucks service. By woi*ing closely with the local homeless population. the Oasis teani aims to engage individuals in structtired support. This support may include assistance in accessiT)g housing, addressing substance misuse issues, and connecting with appiY)piiate services for their specific need5. The team is dedicated to offering a compassionate and supportive appiDa¢h to help individuals i)avigate Ilieir challenges and work towaith positive oulcomes. Throughout tlie year, the Oasis team has successfully engaged over 97 individuals in sttu¢tured suppoit. This indicates the significant impact they have made in reaeliuig out to and &851Sting homcless individuals with di'ug oi. alcohol problems. By providing lailoitd support and facililaling access to th¢ ORB tredtmenL 5crvices, Oasis contributes to addi'essing the complex needs of this vulnerable population. Towards the end of the year the RSI pn)jecl staff were trdnsferred from Oasis into One Recovery Bucks NHS, as pait of the re-t¢ndering process. The staff were consulted with and were successfully transferred. The BuclLS Safe Haven - Alternativ￿ to Crisis- Specialist Substallce Misuse and Mental Health Outreach Bucks Safe Haven is a crisis suppoiI service tlial is led by Bucks Mind in collaboration witli Oxfoid Health NFIS Trust, Connection Support, Citizens Advice. and The Oasis Partnership. The primary objective of this service is to offer an alteinative setting foi. individuals experiencing a mental health crisis, reducing the number of people resoiting to preseiiting at the local A + E department. As part of the Safe Haven team, Oasis employs a full-time specialist substance misuse asseitive outi'each-work¢i'. This addition enhances the service's ability to support u)dividuals who llave co-occun'ing problems, specifically addi'e55ing siibslance niisiise and mental health condiiions. They are equipped wilh Ihe knowledge and skills to addi'ess the unique cliallenges faced by individuals, and Oasis provides a wealth of oppoitunilies for people to get engaged with. By offering this specialised suppoit, the Safe Haven team can provide a more comprehensive and holistic approach to ci'isis intervention. The inclusion of Oasis as part of the Safe Haven team highlights the recognition of the intersecting challenges faced by individuals with Co-occurring substance misuse and mental health conditions. By integrating subslance misiise support wilhin the crisis service, Oasis contribiites to addressing the complex needs of individuals and piDvides mot'e comprehei)sive care and assi81diice. Co1￿1￿lssIOned by Oxford Health, tliis role provides a piDactive level of support aiid flexibility which works extreinely well 8S w¢ w] make agile and quick decisions based on need. The Oasis Fundraising Campaign Oasis has experienced a successful year in temis of ￿ndraisIng campaigns aiined at developing new .servic¢s aligned with our i'evised charity objectives. Fundraising play5 a crucial role in enabling Oasis to expand oiii. iEach, enhance our sei'vices, and make a greater impact on our beneficiai'ies and cominunities. By consulting wjth local people and paitnetE we weir able to develop a str8tegic and focused approach to additssing some of Ihe needs of the local community. The siiecess of these fundi?ising campaign5 indicates the support and recognition Oasis has received from individuals, i]sts and foundations. and the wider colluniinity. It highligbts the belief and trust placed iii our mission and the p051tive impact we strive to make tn the lives of our beneficiarie5. helping to provide innovative solulions to social challenges. It is beconiiThg hardei. and harder to generate funds thIDugh trusts and foundations there is a lot of unmet need tlll-oughout the UK and the world and the Competition for fiillding is high because of thi5. Our new diTection will focus oil dala, statistics and paiticipants feedback and case studies alongside consulting with and co-producing the sort of services people want and need in the way they would like them to be provideiL THE OASIS PARTNERSHIP UK REPORT OF THEI TRUSTEES FOR THE YEAR II NDED 31ST MARCH 2024 Asian Ladies Social Cirele Oasis staited n]nnillg these weekly supp(Mt group5 in Chesham, Wycombe and Aylesbury, followtng the closuie of another chai'ity. Oasis was asked to take on this group as we have been iiivolved in improving outcomes foi. all our coillmun&ties and had conducted the minority ethnic res¢8r¢h project, 'Listen, Leain Adapv. We are pleased to i'epoit that the social circle is now a key part of Oasis services having received a donation from the Heart of Bucks to continue this vital engagement resource. We are looking forward to growing this opportunity and engaging the widei. minorÉty gj'oups. The Fricnds2Gether Project (F2G) Thig 3-yeai' intei'generalional project is funded by the players of the National Lottery. Fo¢ussing on creating connections and fostering social incliision among older and younger people. with the aitn of addre8%ing social isolation and loneliness wiihlll these populations. The aim is lo bring togethei. pairs of over 55 year olds and 18-25 year old5 to work togethei., leai'n from and support each other through a sL'riLs of 12-week gi'oupwork pl.0￿7MMe$, also offerirlg thithei. engagement opportuiiities to enable continiied support beyond the groupw0￿ sessions to help individuals build social nelworks and combat feelings of isolation and loneliness. Mentoring and coaching. By engaging in the groupwork prograin4 workshops and events participants have the oppoi￿nity to foimi meaningful connections aiid coinbat feelings of isolation and loneliness. The semi stsuctuird nattire of the prO￿?m￿eS ensui'es that individuals Lan engage in activities and di￿￿SSiOnS that promote learnin& pet30nal growth, and inteiEeneiatioi)al understanding, Additionally, tlie inleiEenerational pmject goes E¢yond the groupwork sessions by offering further engagement oppoitunities. These opportunities may include mentoring and coaching, providing ongoing support and guidance to paiticipaiits as they continue to biiild thetr social networks and conibat feelings of isolation. The beauty of our independent premises in Ch¢sham was the opportunity to develop this project successfvlly, By facililating relationships and providing ongoing suppoil, the project enhanced the well-beiiig and qualily of life for older and youiiger individuals alike, fosleying a stronger sense of cominunity and belonging. Media LaunchpAd- F2G The Media Launchpad, a significant component of the Fiiends2Gether pi'oject and a core Oasis service, focuses on providing oppoitunities and resources for individuals interested in media-relaled a¢tivities, witli a paiticular einphasis on music and Inusic pri)duction. The project aims to engage participants thi'ough various activities and offering5 I'elated to the media field. Oasis provides groiip progrdmmes and weekly sessions, allowing participants to explore and develop their skills and intei'ests. The project encomp&sses & wide range of activities designed to catei. to diverse preferences and talents in the i'ealm of music and media. The project offers oppoitsnities for podcasting, strearning, guitar lessons, music and song sessions, song-wi"itÈn& music production and tEcordittg, music appreciation group5, jan)ming groups, and digital skills developin¢nt. These activities provide a comprehensive platfonn for individuals to engage in different aspects of music and media, fostering ci'eativity, skill-building, and personal growth. By offering a dive￿ range of activitie5 and resoiirces, Oasis empowers individuals to explore their interesE dev¢lop skills, and find fulfiiment tljrougb Greative expirssion within the realm of media. Volunteer Project During the year OLir funding to suppoit a fulE-tin)e coordinator Rduced, although we w¢re able to ietain a part time volunteei. cooidinator linked to the F2G proj￿¢. The volunteer project at Oasis brings together individuals from diverse backgi'oullds, who generously contribiite thell, time, skills, and expertise to support the various Services and piDjects offe￿d by Oasi5. Tlie volunteers play a CL'ucial role ill assisting with the delivery of these services, and they come from both generic backgrounds and specialised areas. Foi. instance, some volunteers ait part of the volunteer counselling team, providing inuch-needed support to service users ii) the One R¢¢overy Bucks service. THE OASIS PARTNERSHIP UK REPORT OF THE TRUSTEES FOR THE YLI AR ENDED 31ST MARCH 2024 Throughout the year, Oasis successfijlly engaged and provided training to over 34 volunteers. These dedicated individuals offtred their a￿lstanCe across a l'ange of services and projects, Inaking a Significant impact on the lives of the sei'vice useis, The conllnitment and dedication of these Voluntee￿ ait ￿'eatlY valued by Oasis, as they contribute to th¢ ovei'all success of the chai'ity and help ensure that our clients receive the support they need. Mutual Aid Oasis continues to recognise and support the important r()le mutual atd has on an individuals capacity to addr¢ss their addiction pi-oblems. We continue lo ensui'e there are clear pathways in place for service useis to access this vital peei. support and our premises al'e used each week for severnl different mutual aid groups including AA and NA. Service delivery Oasis piDYides good quality setvices that make a difference to people's lives. Jliis year has been one of collaboi'ation, working with uihers, developing new projects and seyvices that iEally meet the needs within our comrnunilies and planning for an independent and sustainable future, We continue to evaluate our servi¢¢s and al'e constantly s¢¢king to impi'ove them. Innovation is a key valu¢ f(M' Oasis and we are always lookii)g at oppoitunities that improve the way we ei)gage people and provid¢ impaclful support that has positive outcomes. Ensuring our iyork delivers our objectives Oasis continues to support oiir staff and voluntee￿. as they are key in achieving the cliarities aims and obj¢¢tives. All pi'ojecls Ihat we deliver have a business plan in place, explicitly explaining how we delivei. the service and how we acl)ieve oui. objectives. Oasis has its own CRM database for all service provision not linked to the One Recovery Buck5 service which uses a different database for client management. Effectiv¢ data collection aiid reporting, and IEgulai' client feedback and evaluation ensures we are can Inonitor how our work delivers our objectives. Monthly and quarterly irporting ensures we i'emain on tt?ck to achÈeve our objective5. Local and National Influence Dui'ing the past yeai. Oasis li&$ had opportunities to influence local plans and activities although we have had little success li) influencing recovery focus5ed Service delivery wiihui the treatsnent systeiii. This iiifluencing includes.. Opportunity Bucks and the levelling lip agenda* participating in quarterly substance misuse meetings, local town centtE management meetings, presenting to community boards, contributing lo the homelessness agenda. being pait of the local mental health network. Oui. CEO is an active Inember of the VCSE Board, part of a fram of leading Charity CE05, nieeting regularly with key Council i'epresenlatives ensuring the 3rd sector continues to ￿ integrdted with local plans and activities. Premises Oasis maintained modem and well-appointed premises th￿ighout the year from wliich to provide our services and the One Recovery Bucks Service. Owing to our irfocus as an organisation during the year we began the pi'ocess of minimising our pi'einis&s liabilities for example, One Recovery Bucks taking over the lease for oiw main Wycomb pi'emises, and serving notice on our Art Box Studio in Desbox Wycombe. THE OASIS PIlRTNERSHIP UK REPORT OF THE TRUSTIIES FOR THE YEAR EIYDED 31ST MARCH 2024 OBJECTIVES AND AcfiviTIES Hoiv our aetivities deliver public benefit Oasis's activities and seTvices deliver signiffftcant public I￿nefIt by addi'essing community conceiiis, iinproving health and well-bein& and reducing pi'oblematic siibstance misuse and associated issues siich a5 homelessnes5 and crime, By actively woi-king with local communities, Oasis tackles problems that impact the lives of people in lh¢ areas w¢ sei've. Oui. services support individuals in overcoming disadvantage and llnproving theÉr lives. Thi5, in turn, has a positive i'ipple effect on their loved ones. friends, families, and th¢ wider cominunity. By offering a range of palhways tailored to individuals, needs, including addressing alcohol or d￿g misuse, mental health issues. 50cial isolation, and loneliness, Oasis niaxiniises the potential for individuals to lead fulfilling lives without long-term or specialist support. Collaboj'ation with othei. p1.ovide￿ and agencies ensures that clients receive comprehensive and tin)ely suppoit. By woi'king in partnership, Oasis can l¢verage the expertise and resources of other or8anisation5 to offei. holistic cal'e that meets the diveise n¢¢ds of individuals. Oasis's commitment lo robust policies and procedures, particularly in safeguarding and risk management. fiirthei. undei'scores our dedication lo delivering high-quality and safe services. Regular reviews and a fociis on safeguarding at board meetings. as well as having a designated Trustee lead for safeguarding, dernoi15trate oui. commitment to meetin national requiiEinents and local expectations while prioritising the safety and well-being of our Servi￿ usei's, In summary, Oasis's activities deliver public benefit by improving the health and well-being of individuals and communities, i'educing siibslaiice misuse, and addressing ￿lated i&sues. Our collaborative appi'oaoh, coinprehensive service offei'ings, and commitment to safeguarding ensuie that we provide effective and safe suppoit to those in need, ¢ontJ'ibuling to positive outcomes for service users and the widei. public. FINANCIAL REVIEW Principal lunding sources Our pi'incipal funding source is the sub-contracl we hold witli Inclusion, part of Midland Partnei'ship Foundation Th'ust, Inclusion is fvnded through Public Health Bucks, of the local authority. Our additional contracts are funded by Buckinghamshii'e Council -Rough Sleepers Initiative, Oxford Health Safe Haven CooccuiTing project and Adviza (Building Futures). All our other projects paid for from dollations from funding sources such as Tnjsls, Foundations, ii)dividual donors and local fund giving agencies and are supported by tncome generdtion activities. Investment policy and objectiv The organisation has continued with its atms of maximising and securing the charity's assets and income. The Board is mind￿1 that its reserves tnay be iyquired at irlativcly sliort nolice. It ha5 therefore decided not to change the cun'ent policy in spite of Ihe continuing low interest rates. namely that, after retaining s￿￿1clent cash in its ciiiient 4lccount to meet day-to-day needs, the chai'ity invests its surplus c&5h funds oll short-temi deposlt. 111is policy bas safeguai'ded its Capital against losses suffettd by other fomis of investmenl. Oasis continues to keep an adequat¢ sum of its reserves in a one-yeai. fixed rate deposit account. Reserves policy The Boaj'd has a Reserves Policy in place which has tsken into account the wdrlous risks it faces and a numbei. of criteria including the need to always be in a position to meet its legal obligations and commitments. The aim is to build our i"eserves to have an amount that equates to six months core non-transfen7ble operating ¢05ts in line with charity coinmission iEcommendations. Dujing the p&st 2 years we had higher than budgeted building maintenance and utilities Costs which has itnpacted the eiid of year reserves amount. This year we have rediiced our premises costs substantially mÈnimiging unbudgeted expenditure. THE OASIS PARTNERSHIP UK RKPORT of4 THCI TRUSTEES FOR THEI YEIIR ENDED 31ST MARCH 2024 FJNANCJAL REVIEW In the year endÈng 31st March 2024, The Oasis Partnership continued investment at its main pi'emises at High Wycombe, Ayl¢sbury A deficit of £57,849 (2023 Deficit £57,708) was made for the year and the reserves at 31 March 2024 stood at £115,607 (2023 £173,455). There was additional expenditure for the refurf)isknnent of (he offJ¢e at HI￿ Street. This reseives balance is all unrestricted, as in 2023. FUTURE PLANS We are excited about our future. As 2024 is our 40th am)iversary y¢ar, and ihe date coincided wilh ihe end of the current NHS contract we felt this was a perfect time to break away and reset our mission and vision, with a focus on ew'ly intei'vention and pr¢ventioIi, rneeting people earlier in their lives IKfore more problematic behaviouiE develop. The Board decided to part ways with Inclusion NHS after 12 success￿] years because, although ow. collaboration, One Recovery Bucks is an effective adult substance misuse treatment s¢rvic¢, we felt as a small charity paitner that we would be more impactful as a small charity working independently. l￿ding our own mission and vision foi. the future. Oasis is well experienced in providing holistic support, treatment and recovery focussed services for people experiencing substance use issue& Oasis is w¢ll experienced in providing couiity wide employment and employability suppoit services with the well-established Routes to Work Project. One of the Inain routes out of social and economic poverty and its associated issues is employjnent, To reach people earlier in their lives our main focuses for the futuie is skills, training, education and comiiiunity and liow we can innovate and Ihake a difference. Our plan aftei. parting ways with Inclusion NHS is to minimise expenditure on premises and relocate all our service pi'ovision and HQ O￿l¢e to oui. Aylesbury site in Wallon Street as this offered us the affordable facilities we required to refociis and establish ourselves ￿yond 2024. We have & new Chair of the Board, and several new truslees, all of whoin air suppoitive of the plans for 2024 and beyond. These plans were however agreed by the Board back in 2019, and things have substantially changed in the world following covid. Our revised services are more relevant now, and there is a lot more underslaiiding of need within our communities paiticularly ininority ethnic communities. We are able to meet these new d¢mands and be agile &nd adapt services to meet need and the ￿nding streains available for employdbility and skills. The Knowledge Transfrr Partnership with Bucks New University rolls into year two and we arc anticipating launching new initiatives towards the end of the year focusing on income generntion to suppott core costs and innovate in service delivery. We look forward to reporting about our new direction in next years report. STRUCTURE, GOVERNANCE AND MANAGEMENT Govei'niiig document The charity is controlled by its governing document, a deed of tNst, and constitutes a limited company, liinited by guarnThtee, as def￿ed by the Compani¢s Act 2006. THE OASIS PARTNERSHIP UK REPORT OF THE TRUSTEES FOR THE YEAR EI NDED 31ST MARCH 2024 The chai'ity is controlled by its governÉng document, a deed of knjst, and consi1￿leS a ITiniÉed company, limited by guarantee. as defmed by the Conipanies Act 2006. The organÈ5ation is a charitable company limited by guarantee, incotpordted on 26th February 1996, and registered as a charity on I Ith April 1996. Prior to its incorporation the organi5ation had operated under a diffei'ent name as an unÉncotyoi'ated charity and as the major voluntsry agency providtng drug and alcohol seTvices since 1984. The company was eslablislied uiider a Memorandum of Association, which established 11)e objects and powers of the chai'itable company. and is governed under its Aiticles of Association. In the event of the company being wound up th¢ menibets ￿'e required to contt'ibute an amount not exceeding £1. All aspects of goveinance are encapsulated within a govemance document that is conslaiitly Under iEview and fonnally updated biennially. The Trustees Handbook is a compilalioll of all relevant policy docutn¢iits. Recriiitment and appointment of llew trustees The directors of the coinpany a￿ also charity truslees for the pur￿5¢$ of chai'ity law and undei. the company's Articles are known as tnembers of the Board. Under those Articles and the Menioi?ndum of Association, the Trustees of the Board ￿'e elected at the AGM to serve a period of three yeai's. a third of th¢ Trusttts retiring in rolation at each AGM. The Boai'd's Mernbe￿ have a broad range of business, professional and medical skills and. from time to time, audits of thetr skills and experience are conducted ¢0 ensiire the skills niix is maintained. Job Desci'iptions have been th?wn up for Trustecs with specific ones for the Board's officei's, to ensure the i'elevaiit people have the appi'opriate skills. The Board also seeks to i'ecruit people seen as h8ving influence in various public aiid conunercial areas that would be helpful to the charity. When an ai'eg is identified, appropriate organisations aiE approached to niake IEcommendatioiis of people wlio may be prepared to offer theniselves for election to the Board. Potential new niembeiE are met by Boai'd membeiB and Chief Executive and giveii an outline of the charity and its background and objectives. Tf both Oasis and the prospective inembei. wish to proceed. the latter is invited to join the Board. Organlsation81 structure The ¢harity ha5 a Board that can be up to 20 members who are responsible for the sts7tegic direction and governance, At 3 1st Mai'ch 2024 Oasis had 6 Eloard IneMbe￿ from a variety of professional backgrounds. The Chau. of the Boaid Phillippe Chaudluy joined the boaiyl of trustees in June. Our tMwer left Oasis at year end and we recently ￿C￿E[ted JoaNia Hill as our new treasurer. The Board meets at least quarterly mixing face to face m¢etings with alternative vittual meetings. Particular aspects of gOv￿nanCe are delegated to a number of committees ihat consider different &8pects of the Charity's work including Finance, Goveinance and Ethics, Contracts and Tenders. Induetion and training of new trusteos New trllstees aiE provided with a "welcome paGk of infomlation" Including the annual accounts, the annual report to the AGM and the current financial position. New members are also invited to meet with other officers on a one-to-one basis, to get more detailed inforn]ation and are encouraged to visit the various service bases to gain a fllEt-hand insight into the agency's work. The trustee recruitment pmcedure also allows for prospective members to attend a board meeting as an obseL'ver. All Inembei's have an on-going invitation to visit service5 by arrangement. particularly new pi'ojects. New ti'LT5tees al'e allocated a more expeiienced mentor and in addition to the biennial COTPOi?te board ￿vIeW, individual tt'ustees ej'e asked to condu¢l an individual self-appraisal. 10 THE OASIS PARTNERSHtP UK REI PORT or THE TRUSTKES FOR THE YEIIR ￿ND￿D 31ST MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEiKEiYr Related parties In so far as it is coinplementary to the charity's objects. the chaiity is guided by both local and national policy. We subcontract to Inclusion pail of MPFf NHS, they hold the main contract with Public Health Buck5, Ihe local parthership chai'Eed with i'esponsibility for delivering the National Dtvg Sttzte8y and commissioniiig sei'vic¢s at local level. Oasis is pait of tlie local Building Futures Programme. led by Adviza and funded tE￿OUgh Bucks Council, with UK Shared Prospeiity budget. Risli management The Board continltes to r¢view the potential organisational, operntional, f￿a1]cial and administrative systeins iisks to whicli the charity is exposed and ensutts that systems and strategies are in place to minimise those i'isks. It has identified the exteimal I'isk of relying only on slaWlory fundets, and bids are subrnitted for relatively laiEe siiins from olh¢i' funding sources whcn oppoitunities arise. Internal contN)I risks are Ininifflised by the continuous itview and implementation of procedures and pulicies. Oasis has been CHAS a¢credited and woi-k within the requll'einent of the CQC standards. REFERF,NCI AND ADMINisfRATIVI DET AILS Registered Com pany nuniber 03164431 (England and Wales) Registered Charity number 1054524 Registered offiee Oasis Hoiise Geoi'ge Street High Wycoinbe Buckinghainshire HPII 2RZ Trustees C McGI'egoi' Paterson (CEO) Di. R Fieldseiid (Chair) (Medical Advisor) (resigned 81612023) F Chaudhry (Chair) (appointed 221812023) L13aitei' S Moh (resigned 31512023) E M Dai'lington A Henshaw (resigned 1211012023) A Perveen J Baum J Hill (appointed 119r2024) Auditors Higginson & Co (UK) Ltd Statutory Auditots 3 Kensworth Gate 200 - 204 HigJ] Street South Dunstable Bedfoi'dshire LU6 3HS Solicitor5 Paiyott & Coates, 14 Boud)on Street, Aylesbury, Bucks HP20 2RS 11 THE OASIS PARTNERSHtP UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST IIIARCH 2024 STATEMKNT OF TRUSTEES, RESPONSIBILITIL8 The tsustees (who 8ra also the directon of Th¢ Oasis Partttetsbip UK for the purposc8 of company law) are responsible for prepartng the ADnllal Report and the financi81 statements in accordance with applicable law and United Kingdom AcCounti￿g st￿￿2rd8 (United Kingdorn Generdlly A¢G¢pt¢d A¢countinE Prd¢iic¢) in¢luding Financial Reporting Stsndard 102 "The Financial ReportinE Standard applicable in the UK and Republic of Ireland" Cornpally law requires the tnlstees to Prepare fJnonGial stst¢m¢Dts for cach finall¢ial year w]Ji¢b give a tnje and fair view of the slate of affairs of the charitable CoMp￿Y and of the incomitig resources and opplication of resources, includitig the illCOmC and exp¢ndituTr, of Ihe charilabl¢ company for that period. In preparing those financilll statements, the tjVStC￿ &re requitedto sclcGt suitable ￿oUntIng policies alld th¢ll apply them ¢onsisl¢ntty: observe the methods aud prin¢ipl¢$ in th¢ Charity SORP. make judgements and ￿tImate8 that are reasonable and PTudent: prepare ÉE]e fman¢i818tat¢ments on the going collccrn basis unlG8S it is inappropriAte to presume tbat the ch￿l￿bI¢ company will Continue in business. The trustees are rcsponsible for keepin8 proper accounliDg ffcords wbich disclose with reasonable Accuracy at any time the fLnancial position of th¢ charitable company and lo enable tliem io ¢nsure that the financial statements Comply with the CompaDi&8 Act 2006. They are also rc$poDsible for safeguarding the assets of the charitable company and hence for tskitig r¢a80nable steps for the prcvcDtioll ond d¢tection of fraud and other iTregularities. In so far as thc tru81ees are aware: there 18 no relevant audit infomiation of which the charitable companls auditors are unaware; and the tnJste¢s bave iaken all steps that they oughl to have IAken to tnake themselves awa￿ of 8ny relevant audit infotrnation and to establish that the auditors are awate of tbat infomjation. AUDITORS Th¢ Auditors, Higgill8on & Co (UK) Lid, will Ix proposed for re-appoitiknenl at th¢ forthcoming Annual General Meeting. 2¥/.1 Approved by order of the bo8rd of In￿e¢S on.................. ...... ...... .. and 8i8ned on its bebalf by., Cha lee 12 REPORT OF THE INDEPENDENT AUDITORS TO THE IIqEMBERS OF THE OASIS PARTNERSHIP UK op1￿￿0￿ We have audited tFLe financial statements of The OasÈs Partnership UK (the 'charitable company,) foi. the year ended 31st March 2024 which compi-ise the Statement of Financial Activitie4 the Statement of Financial Position, the Statement of Cash Flows and notes to the f￿ancial statements, including a 5unitnaiy of significant accounting poltcies. The fmancial reporting framework thai has been applied in their preparation is applicable law aiid United Kingdoni A¢counting Standards (United Kingdom Gene￿IlY Accepled Accoiinting Practice), including Financial Repoiting Standai'd 102 The Financial Reporting Standard applicable in the UK and Republic of Ir¢land'. In our opinion the fmancial slatenients- give 8 true and fair view of the stale of the charilabl¢ company's affairs as at 3 1st March 2024 and of its incoming resoui'ces and application of resources, including its income and expendituir. for the yeai. then ended. hav¢ been properly prepared in accordance with United Kingdom Geneially Accepied Accounting Piactice, Including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of ￿'eland,. and have been prepared in accordance with the ￿qUir¢In¢nlS of the Companies Act 2006. Basis foi. opinion We conductLd our audit in accordance with tntemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fi]rthei' desci-ibed in the Auditois, IEsponsibilities foi. the audit of the ftnancial stat¢menls section of our report. We are independent of the charitable coinpwiy in accordance with the ¢ihi¢al I'equll'ements that ar¢ relevant to our aiidit of the financial stalemenls in the UK, including the FRC'S Ethical Slandai'd, and we have fijlfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sU￿1¢ient and appropriate lo provide a basis for our opinion. Conelusions relating to going concern lil auditing the fmancial statements, we have Concluded that the trustees, use of the going concein basis of accounting in the preparation of the financial statemen15 is appropriate. Based on the woi'k we have perfoiined, we have not identified any matei'ial uncertainties relating to events oi. conditions that, individually or collectively, may cast significant doubt on the charitable conipany's ability to continue as a going concerii for a peiiod off at least twelve months from when the financial statemenls ai'L auihorised for issue. Our irsponsibilities and the resp)nsibilities of She tNstees with respeei to goiijg concein are desci'ibed in the ielevant sections of this repoit. Othei. information The h￿sle¢S al'e IEsponsible for the other infonnation. The other infomiation comprises the infonnation included in the Annual Repoit, other than the financial statements wid our Report of the Independent Auditors thei'eon. Olli. opinion on the finoncial statements does not cover the other inforniation and, except to the extent otheiwise explicilly stated in oui. report, we do not express any fonn of assufdnce conclusion thereon. In connection with our audit of the fLnanctal statements, our responsibility IS to read the other infonnation and, in doing so, Consider whether the other infoiThation is materially inconsist¢nl with the financial statements oi. oui. knowledge obtained in the audit or olheNise appears to be materially misstated. If we identify such matei'ial inconsisteiicie5 01. ppai'ent material misslatements, we are requi￿ d to determine whether this gives rise to a material Inisstateinent in the rmancial slaleinents themselves. If, based on the work we have perforffled. we conclude that tliere is a rnaterial misstatement of this other infoiination, ￿ arc reqUI￿d to report that fact. We have nothing to repoit in this iegard. Opinions on othei. matlers prescribed by the Companies Act 2006 In our opinion, based on the work undeitaken in the COU￿ of the audit: the infoiination given in the Rcpoit of the Tn]stees for the fll)ancial year for which the financial statements aiE pIEpared is consistent witli the fu]ancial statements- and the Repoit of ihe Truslees has been prepared in accordance witli applicable l¢gal requiiEinents. 13 REI PORT OF THE INDEPENDENT AUDITORS TO THEI MEMBIRS OF THE OASIS PARTNERSHtP UK Matters on iyhich Ive are i'equired to report by exceptlon In the light of the knowledge aThd iindei'slanding of the charitable company and its environment obtained in the course of the audit, we have not identified maleiial misstatements in the Repoit of the Trnstees. We have nothing to Lfpoit in respect of die following matters where the Companies Act 2006 requires us to report to you if, in oui. opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from bl'anches iiol visited by us. or the fmancial statements are not in agreement with the accounting records and rewrns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the infonTr]ation and explanations we require foi. oui. audit. or the trustees were not entitled to take advantage of the small companie5 exemption from the requirement to prepaie a Strategic Report or in piEparin8 the Report of the Trustc¢s. ResponsibilAties of trustees As explained Inore fiilly in the Statement of Trustees, R&8ponsibilities, the trustees (who are also the directors of the chai'ilable company for the purposes of company law) are responsible for ihe prepai'alion of ihe fmancial slatcments and foi, beiiig satisfied that they give a ttve and fair view, and for such internal conts'ol as the tt'ustees detemline is necessary to ¢nabl¢ th¢ pitpai'ation of fLnancial slalements Ihat are free fi'om niaterial misslat¢m¢nt, whether due to fraud oi. eri'or. In preparing the f￿anCIal statem¢nls. the trustees are responsible for &ssessing the charifable company's ability to continue as a going concein, disclosing, as applicable, mallers related to going concern and using the going concei'n basis of accounting unless tlie tnLStees either intend to liquidate the charitable company or to cease operations, oi. have no i'ealistic alternative biit lo do so. 14 REI PORT OF THE IfqDEPENDENT AUDrroRS TO THE MEMBERS OF THLI OASIS PARTNERSHIP UK Our responsibilities for the audit of the financial statements Oui. objectives are to obtain ￿asOnable assulance about whether the financial slateinents as a whole are free fi'om material misslaleinent. whether due to fraud or error. and to issue a Report of the Independent Audito1% that includes oui. opinion, Reasonable assurnnce is a high level of assurance. but is not a guarantee that an audit conducted in accoi'dance with ISAS (UK) will always detect a materÉal rnisslatemenl when it exists. Misstatements can arise from fraud or errol. and are considered material if, individually ￿. in the aggregate, they could re&sonably be expected io influence the economic decisions of users taken on ihe basis of these fmancial statements. The extent to which our procedures are capable of detecting irregularilies, including fraud is detailed below: Identifying and a55e5sing potential risks related to irregularities Jn identifying and assessing risks of material misstatement in respect of irregularities, iiicluding fraud and non-conipliance with laws and regulations, we considered the following.. Audit response to rtsks identified the nature of the industy and se¢lor, control enviToNnent and business performance includtng tbe design of the remuneration policy. i'esults of our enquiries of management about their own identification and assessment of the risks of irregularitie5' any inatters we identified having obtained and reviewed the Company documentation of their policies and procedui'es relating to.. identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliaiice,, detecting and i'esponding to the risks of fraud and whether they have knowledge of any actual, suspected oi. alleged the intemal controls &slablished to mitigate risks of fi3ud or non-compliance with laws and TeEulations' tlie inatteiE discussed among tlie audil engagement team, including lax ￿gardUl¥ liow and where fraud mTght occui. in tli¢ f￿anCIal statements and any potential indicators of fraud, As a result of these proceduiES, we considered Il)e oppoithiiilics and inceniives that Inay exist wiihin the organisation for fi'aud aiid identified the greatest poteiitial for fiaud tn relation to revenue deferrals. In cominon wilh all audits undei, JSAS (UIC), we are also t'equii'ed to perform specific pmcedures to respond to the risk of Inanagement oveiTide, We also obtsined an understanding of the legal and regulalory frameworks that the Company operatss in, focusing on PL'ovisions of those laws and regulations that had a d1￿cl effect on tlie deteiinination of material amounts and disclosures in the fmancial stateinents. The key laws and regulations we consideied in Ihis conlcxt inoluded th¢ Ulc Coinpanies Act, UK Coipoi'ale Governance Code and local tax legislation. In addition, we considered provisions of other laws and regulations thai do not have a direct effect on the fmancial statements but compliance with which may be fundainenial to the Company's ability to operate or to avoid a inaterial PLlldlty. Tkicse ￿cluded compliance with Financial Conducl Authoi'ity regulation for the UK opetitii)g segment and coinpliance with Iucdl lcgislalion. A fuith¢r desci'iption of oui. responsibilities for the audit of the financial statements 15 located oil the Financial Reporting Council's web51te at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the Auditors, A ￿ltI]er desci-iption of our responsibilities for the audit of the financial stateinents is located on the Financial Reporting Council's website at www.fi'c,org.uklauditorsresponsibilities. This desci'iption fonns part of oui. Report of thc Independent Auditors. 15 REPORT OF THE INDKPENDENT AUDITORS TO THE MEMBERS OF THE OASIS PIUITNERSHtP UK Use of our report This report 18 made solely to the tharitable company's mcmbers, ￿ a body, in accordance with Chapter 3 of Part 16 of the CoJnpaniu Act 2Q06. Our audit work ha8 been undertaken so that we ￿ight State lo the ch8ritable CoMpan￿S jDeMbe￿ those matters w¢ are required to stsle to them in an auditors, report and for no other pu4)o$e. To the fullest extent permitted by law, we do not accept or assume resp0Tr8ibility to YllyOll¢ Otlier than the charitabRe compally alld the haritabKe comp8ny'8 menth¢rs as a body, for our audit wo￿, for this r¢port, or for the opinions we have fomi¢d. Mr D M Brown FCA (SenAor Statutory Auditor) for and on bchalf of Higginson & Co (UK) Ltd Slatulory Auditors 3 Kcnsworth Gate 200- 204 High Street South Dunstable B¢dfordslLir¢ LU6 3HS Date: . 11 16 THE OASIS PARTNERSHIP UK STATEMENT OF FINANCIAL ACTIVJTIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 Total fuiids 2023 Total nds Unrestricted fijnd Restricted fund Noles LNCOME AND ENDOWMINTS FROM Donations and legacies 38,177 38,177 28,037 Charitable activitie5 Sei'vtces in Buckinghamshu'e lJ56,339 1,356,339 1,323,989 Other tt'ading activities Investment income 330,754 5,321 330,754 5,321 296,382 1,580 Total 1,730.591 1,730,591 1,649,988 I XPENDITURE ON Raising ￿lId$ 47,246 Charitable activities Services in Buckinghamshi 1,788,440 1,788.440 1,660,449 Total 1,788.440 1,788.440 1,707,695 NCI T INCOMEI(EXPEI NDITURE) (57,849) (57,849) (57,707) REI CONCILIATION OF FUNDS Total funds brouglit forward 173,456 173,456 231,163 TOTAL FUM)S CAIiRtED FORWARD 115,607 115,607 173,456 The notes forn] part of these financial statements 17 THE OASIS PARTNERSHIP UK STATEIWIEwf OF FINANCIAL POSITION 31ST MARCH 2024 2024 2023 NDI¢s CURRENT ASS£1 TS Debtors Cash at ballk 14 44,407 251.794 66,898 319.843 296,201 386,741 CREDITORS Amounts falliag due within one year 15 (156,394) {189,085) NET CUIUiENT ASSETS 139,807 197.656 TOTAL ASSETS LESS CURRENT LIABILITIES 139,807 197,656 PROVISIONS FOR LIABILITIES 16 (24,200) (24,200) NET ASSETS I 15,607 173,456 FUNDS Unrestri¢ted till 18 115,607 173,456 TOTAL FUNDS 115.607 173,456 These financial 8talements have been prepared in accordance with the prnvi8ions applicable to cb8rit8ble compatiies subject to the small companies regime. The fmanci&l statements wcre approved by the Board of TTh￿tees and authorised for issue . and were signed on its behalfby.. on sle The notes fotm part of these fmancial ststements 18 THE OASIS PARTNERSHJP UK STATEMEI NT OF CASH FLOWS FOR THE YEAR NDED 31ST IWICH 2024 2024 2023 Notes Cash flows from operating activities Cash gen¢i'at¢d from operations (73,370) (39.150) Net cash used in operating activities (73,370) (39,150) Cash floivs from investing activities Intei'est received 5.321 ,580 Net cash provided by investing activitie5 5,321 1,580 Change in cA5h and cash equivalents in the reporting pei'iod Cash an(1 casl) equivaltnls at the beginning of the reporting period (68,049) (37,570) 319,843 357,413 Cash and easli equivalents at the end of the J'eporting pei'iod 251,794 319,843 The notes forni of these fmancial statements 19 THE OASIS PARTNERSHIP UK NOTES TO THE STATEMENf OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPEI RATING ACTIVITIES 2024 2023 Net expenditure for tbe Yeporting period (a5 per the Statement of Fiiiancial Activilies) Adjustments for: Intei'est Teceived Decrease Én debtors (Decreaseyinci'ease in creditors (57,849) (57,707) (5,321) 22,491 (32,691) (1,580) 1,317 18,820 Nct cash used iii operations (73,370) (39,150) ANALYSIS OF CHANCES tN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank 319,843 (68,049) 251,794 319,843 (68,049) 251,794 Total 319,843 (68,049) 251,794 The notes forni part of these financial statements 20 THE OASIS PARTNERSHtP UK NOTES TO THL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES Basis of preparing the fillancial stateineDts The fmancial statements of the charitable company. which ts a public benefit entity under FRS 102, have been pIEpared in accoLKlance wilh the chariti￿ SORP (FRS 102) 'Accounting and Reporting by Chai'ities", Stateinent of Recommended Practice applicable lo charities prepaiing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of b'eland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Staiidard applicable lll the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have Ix¢n prepared under the histoi'ical cost convention. Income All incoin¢ is recogni5ed in ihe Statement of Financial Activities once the charity has entitlement to the funds, it is pi'obable that the income will be received and the amount can be measured reliably. I xpenditure Liabililies al'e recognised as expenditure as soon as Ihei'e is a legal oi. ConSt￿ctive obligation committÈng the charity to tliat expenditui'e, it is probable that a transfer of economic benefits will be I'equu'ed in settlement anLf the amouiit of the obligalion can be measured reliably. Expendilure is accounted foi- on an accruals basis and has been classified undei. headings that aggregate all cost related to the ￿tegOry. Wheir Costs cannot be dkjectly ath'ibuted to paiticular headings they have been allocated to activities on a basis consistent with the use of i￿Oi1rces. Alloeation and Apportlonment of cost5 All costs are Allocated between the expcnditure categories of the SOFA on a basis desig]ied to reflecl the use of the I'esource. Costs relating to a partlCLilar activity are allocated diiEclly, others are apportioned on appi'opiiate basis such as floor space, per capita or estimated u588e. Tangible tlxed assets DepiEciation is provided at tlie following annual rates in order to write off each asset over its estiinated usefijl life. Fixtuirs fittings & office equipm¢nt Straight line over 3 years Taxation The chai'ity is exeinpt froin corporation tax on its charilable activities. Vund accounting Unrestricted funds can be used ill accordance with the charitabl¢ objectives at the discretion of the trnstees. Designated funds are unrestri¢led ￿n(l$ tbat are eam]arf(ed by the Board for p&rticular pillyose. Restricted fiLnds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specifLed by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purEthe of each fund is included in the not¢5 to the fmancial stateinents. Pension contributlons Staff of the agency are entitled to join a personal pension plan (after serving one year).. The Charity contt'ibutes 40/0, 60/0 or IOO/o of salarie5 to a Group Pension scheme for its staff and administers payments for those employees who choose to also contribute to the scheme. 21 continued... THE OASIS PARTNERSHIP UK NOTKS TO THEI FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024 DONATIONS AND LEGACIES 2024 2023 Donations and grants 38,177 28.037 OTHER TRADING ACTIVITIES 2024 2023 Fundraising income 330.754 296,382 INVESTMENT INCOME 2024 2023 Deposit accouiit interest 5,321 1,580 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity se￿ices in Buckinghamshirc Grants and donations 1,356,339 ,323,989 RAISIiYG FUNDS Raising donations and legaeles 2024 2023 Fundraising & external costs 47,246 CHARITABLE ACTIVITIES cosrs Support cost5 (see note 8) Direct Costs Totals Services in Buckinghamshire ,401,467 386,973 1,788,440 22 continued... THE OASIS PARTNERSHIP UK NOTES TO THE FINANCIAL sfATElWtEIYTS- continued FOR THE YEAR NDED 31ST MARCH 2024 SUPPORT COSTS Other fmance costs Management Finance Totals Services in Buckinghamshir¢ 373,906 280 12,787 386,973 NET INCOME/(EXPENDITURE) Net incomel(expenditure) is stated after Chargin￿(credIting)'. 2024 2023 Auditors, reinuneration 4,000 3,600 io. TRUSTEES, REMUNERATION AThD BENEFJTS There were no tNstee5' remunerdtion or other benefits for the year ended 3 1st March 2024 nor foi. the year ended 3 1st March 2023. Trusteu, expell5e5 Fees and expenses of £Nil (2023 £2,910 paid to G Clayton) were paid f