Charity number: 1062661 INFINITE OASIS CARE Reports and statements of financial aetivitles For the year ended 31 March 2025
INFINITE OASIS CARE CoDtents Page Legal and thinistrative infonnation Trustees, report Independent examineffs report Statement of fjnancial activities Balance she¢t Notes to the financiat ststements
INFIMTE OASIS CARE tegal and administrative inforniation Staths Inflte Oasis Care is a R¢gistered Charity (Chaiiity Number1062661) goverened by its Constitution which was adopted in February 1997 and am¢nded on 4 June 2012. Trustees The trustees who served during the year are as follows: Jan Frances Eulith Miller Jennifer Nicholson Chair Secretary Charlty numbe: 1062661 Prlnelpal offl¢¢ address 807 High Road Leyton London El 0 7AA ladependent examlDer S S Fakorede FCA, FAIA Samuels & Co 2nd Floor, 594 High Road London Nl 7 9TA BaDkerJ The Co-operative Bank POBox250 Delf House Southbury, Skeimersdale WN8 6WT Page I
INFINITE OASIS CARE Trustees, report For the year ended 31 Mareh 2025 Structhre* governanee and maDagement Infinite Oasis Care was registered as a charity ( Charity number 1062661) in FebnY 1997 and is governed by its Constitution. the Constitution w&8 amended in June 2012. The charity is run by the Management Committ¢¢ which consists of five members. Trust¢es are appointed annually by the organisation. Trustees Induellon and tralning All the tntstecs are already familiar with the practical work of the charity but all new trustee$ undergo an orientation course to brief them on their legal obligations under Charity laws and contents of the charity Constitution. The Committee's decision making process, the business plan and recent fman¢ial perforn)ance together with Health and Safety r¢gulations are all Covered at the indu¢tion.Trustees are encouraged to attend appropriate external training events to support the role they are perforn]ing. ObJe¢ts and aetlvltles The objects of the charity are to enhance the well-being of elderly and disabled people by helping to build confidence and improving their quality of life that is commesurate with community standards. And also to focus on the greater welfare needs within the community. Part of the activities of the charity continues to be to s¢¢ure continuing finance to provide consistenL supportive and stable environment for the people within its care. PubU¢ beDellt In planning activities, the charity keeps in mind the Charity Commission's guidance on public beneflt. The fu$ is to provide suppor¢ advocacy. information. encouragemenl and as5islan¢e to elderly and disabled people living in the ¢ommunity. Aehlevements and perfornianee The funding criteria for service users remain as in previous year.The charity continued to provide help. support and advice on an increased scal¢ ¢v¢n though fmancial resources are constrained. Rlsk management The trustees actively ttview the major risks which the charity faces on a regular b&8is and believe maintaining reserves at the Current level. combined with regular review of key fmancial systems, will provide sulTicient resources in the event of any adverse conditions arising. The trustees have also examined other operational business risks faced by the charity and Conf they have systems to mitigate siAr1eant risks. Page 2
INFtNrrE OASIS CARE Trnstees, report For the year ended 31 March 2025 Reserves The trustees have considered the reserve policy and concluded that the minimum reserve to be maintained should be at a level which ensures that the charity's core activities could continue for a period of three month5 during a period of unforeseen dilficulti¢$. This report was approved by the truste¢s on 30 Sept¢mber 2025 and SI]ed on its behalf by Jennifer Nicholson Secretary Page 3
FTE OASIS CARE Independent examiner's report To the trustees of INFINITE OASIS CARE I report on the financial statements of INF[NE OASIS CARE for the year ended for the year end¢d 31 March 2025 set out on pages 5 to 9. These finan¢ial ststemeDts have been prepared under the histori¢al cost convention and the accounting policies set out therein. Respectlve responslbllllfies of trnstees and exAmiDer The trustees are responsible for the preparation of the financial statements. and they consider that an audit is not required for the year under section 144(2) of Charities Act 201 l and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit and is eligible for independent examination, it is my resp)nsibility to: - examine the fancIal ststements under section 145 of the 201 I Actr, - to follow the procedures laid down in the General Directions given by Charity Commission tion 145(5(b) of the 2011 ACL and - to state whether particular matters have come my attention. under Bajb of Independent examlner's report My examination w&8 Carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presenled with those records. It also includes consideration of any unusual items or dil05ureS in the accounts, and seeking explanations from you &8 trustees Concerning any su¢b matters. The 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 aKounts present a tsi1¢ and fair view and the report in limited to th0 matters set out in the ststement below. IndepeDdent eiamlner's statement In connection with my examinatio no matter h&8 come to my attention: ( l) which gives me rea80nable cause to believe that in any material respect the requirements to keep accounting rttords in accordance with sertion 41 of the Act; and to pr¢pwE accounts which accord with the accounting records and to comply with th¢ a¢¢ounting requirements of the Act and of the Stal¢ment of Recommended Practice: Accoulltin8 and Reportin8 by Charities, have not been met. or (2) to which, in my opitiion, attention should be drawn in order to enabl¢ a proper undwstanding of the accounts to b¢ reached. S S Fakorede FCA, 2nd Floor 594 High Road London Nl 7 9TA Pag¢ 4
INFINITE OASIS CARE Statement of fmancial aetfvities For the year ended 31 March 2025 Unrestrlcted Restrlthd funds nds 2025 Totsl 2024 To141 Notes Incoming resour¢¢J Donations 168 Commercial trading activities Incomefvm trading operations 119,291 119291 123.013 Total Incomlng re8ourtts 119.291 119,291 123,181 Expendlture Costs of commercial trading Expenditure on Irading operatiop (45,046) (45,046) (37,848) Expenditure on charitsble activities Direcl charitable expenditure (64.746) (64.746) 173,390) Total charltsble expeDdltur¢ (109,792) (109,792) (111,238) Net Ineome (expendlture) for the year 9,499 9,499 11.943 Total funds brought forward {44,906) (44.906) (56.849) Total thnds carrled forward (35.407) (35,407) (44.906) The noteA on pages 7 to 9 forni an Integrnl part of these financial statement& Page 5
INFINITE OASIS CARE Balance Sheet As at 31 MAreh 2025 2025 2024 Notes Current assets Debtors Prepaents C&8h at bank and in hand 7,199 1,317 8,120 7.246 721 4,371 16.636 12.338 Credltors: amounts falllng due wlthln one year Net current Assetsl{Ilabllltles) (13,627) (J2,597) Q59) Credltorj: amounts falllng due after more than one year Net Ilabllltle8 (38.416) (44, 647) (35.407) (44,900) Funds Unrestricted funds (35.407) (44,906) (35,407) (44.900) The financial statements re approved by the tsiistees on 30 September 2025 and signed on th¢ir behalf by Jennifer NAcholson Secretary The notes on pages 7 to 9 fom an integral part of these finanelal ststemeDt& Page 6
INFIMTE OASIS CARE Notes to the financial statements For the year ended 31 March 2025 A¢¢ounting poll¢ies 1.1. A¢¢ountlDg convention The principal accounting policies adopted, judgement and key sources of estimstion of uncertainty in the preparation of the financial statements are &s follows: The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statements of Recommended Practic¢ applicable to charities preparing their accounts in accordance with the Financia] Reporting Standards applicable in the UK and Republic of Ireland (FRS 102)( effective l January 2015); .( Chariti¢s SORP (FRS102). Infinite Oasis Care meets the defmition of a public b¢nefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The charity has taken advantsge of the exemption in FRSI from the requirement to produce a ¢ashflow statement because it is a small charity. 1.2. IneomlDg resoureej Voluntary income is received by way of donations and gifts and is included in full in the Staternenl of Financial A¢tivities when rettivable. Gifts donated for r¢sale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearin8 the Cost. The value of services provided by volunteers has not been included. Grants, includin8 8r8nts for the pur¢hase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. IJ. R&wurees expended Resourc¢s expended are ac¢ounted for on an actual basis. Expenditure is all0d in the ststement of fman¢ial activities between direct charitable expenditure and governance costs. No signifcant Costs are incurred in generatin8 fiAnds. Costs of generating tradin8 income represent expenditure incurred in the operation and management of the trading activity. Direct charitable expenditure are those incuff¢d in connection with administration of the charity and ¢omplian¢¢ WAth constitutional and statutory wuirements. Glfts and Donatlon8 2025 2024 Gifts and donations 168 Page 7
INFINrrE OASIS CARE Notes to the fmaneial ststements For the year ended 31 March 2025 Governance costs 2025 2024 Consultancy Accountancy services 40 2.800 40 2.550 2,840 2,590 Dlreet charltable expenditure 2025 2024 Ren( rates and servi¢e charge Insurance Light and heat Repairs and maintenance Printing* postsge and stationery Telephone Computer costs Motor expenses Consultancy fees (see note 5) Accountancy fees (see note 5) Bad debts ClerirAI cost G¢neral expenses Subscriptions Interest and charges 27.965 4,445 1,873 1,675 67 3,959 24, 720 4.912 J2.J53 328 15 4,364 260 14.500 40 2.550 1.222 6.481 474 80 1.201 12.307 40 2,875 3,082 4.227 1,091 80 1,049 64.746 73,390 Debtors 202S 2024 Trade debtors Prepayments 7,199 1,317 7.246 721 8.516 7,967 Page 8
INFINITE OASIS CARE Notes to the fmancial statements For the year ended 31 March 2025 Creditors: amounts falling due withln one year 2025 2024 Trade creditors Other creditors Accruals 6.851 3,976 2,800 8,678 1.444 2.475 13,627 12.597 Employees Number ofemployeej The average monthly numbers of employe¢s during th¢ year were: 2025 Number 2024 Nwnber Employment costs 2025 2024 Wages and salaries 41,601 35.893 Credltors: amounts falllng due after more than One year 2025 2024 BaDk loin 38,416 44.647 Page 9