ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 The Oases Foundation International (A company limited by guarantee) Charity registration number: 1111640 Company registration number: 05530343 AF125PAR A16 *23 cApAlEs HOUSE Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex P020 7EG
THE OASES FOUNDATION INTERNATIONAL CONTENTS Reference and Administrative Details Trustees, Report 2to7 Independent Examinerfs Report Statement of Flnancial Activities Balantr Sheet io Note5 to the Financial Statements iito19
THE OASES FOUNDATION INTERNATIONAL REFERENCE AND ADMINISTRATIVE DETAILS Trustees Adebayo Ademiju Inyang Okutinyang Helen Akerele Aklntunde Magbadelo Olumide Ogunbona Secretary Olutoyin Onanuga Charity Registration Number 1111640 Company Reglstratlon Number 05530343 The Charity Is Incorporated in England. 180 Grove Green Road Leytonstone London EII 4EN Reglstered Office Independent Examiner G W Schulz FCMA Independent Examiners Ltd The Grain Sto Hllls Barns Appledram Lane South Chichester West Sussex P020 7EG Bankers HSBC Bank plc 85 Lewisham High Street Lewisham London SE13 68E Page I
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT The Trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 July 2025. structurei governance and management Nature of governlng document The Trustees incorporated Oases Foundation Intemational as a charitable company limited by guarantee on 8 August 2005. It is governed by its Memorandum and Articles of Association. Recruitment and appointment of Trustees The directors of the company are also Trustees for the purpose of Charity law and under the company's articles they are also members of the company. All Trustees have been appointed in accordance with the Charity's governing document on the basis of their commitment to the vision of the Charity and its statement of belief, and thelr wealth of experience in management and adminlstratlon. Indurtion and training of Trustths The Trustees are familiar wlth the practical work of the Charity havln9 been committed to the ministry of the church for some years. The Trustees continue to participate in activities held by the Charity and attend some specific programmes run during the year. Each year the Trustees are invlted and encouraged to attend training sessions held on the church premises or externally. All Trustees receive regular updates from the Charity commission and other newsletters. Risk management The Trustees have conducted a review of the major risks to which the Charity Is exposed. A risk register has been established and is updated annually. Where appropriate, systems or procedures have been established to mitigate the rlsks the Charity faces. Internal financial control is a constant risk management focu5. Robust internal controls a operated, including a hierarchy of spending limits and authorisation procedures, which are constantly reviewed by the internal audit team. Procedures are in place to ensure the health and safety of volunteers, members and visitors to the Charity's facilities. The protectlon of children and vulnerable adults remains a prrity and the Charity currently ensures that all volunteers who work with children and vulnerable adults are DBS checked and are members of CCPAS (The Churches. Child Protection Advisory Service). The risk management is overseen by a nominated team who ensure teams that work with these groups re}ve regular training. In person services are held each week with live streaming for those who cannot attend. Prayer meetings and cell group meetings will continue online until further notice. Page 2
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT Objectfves and artivities Objects and alms The purposes of Oases Foundation Intemational are as detalled in its Memorandum and Articles of Association are: A) to advance the Christlan faith in accordance with the statement of beliets appearing in the schedule hereto in London and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit and other such purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Charity: B) to further Christlan education including by means of establishing and operating any educational establishment or establishment in such parts of London and in such other parts of the United Kingdom and the world as the trustees may from time to tlme think fit; C) to relieve persons who are in condition of need or hardship or who a aged or sick and to relieve the distress caused thereby in such parts of London and in such other parts of the United Kingdom and the world as the trustees may from time to time think fit; D) to provide and maintain facilitie5 for the benefit of local communitie5 in such parts of London, the United Kingdom and the wodd as the trustees may from time to time think fit which facilities may without limitation include the provision of child-care serv1$ and rneetings, lectures and classe5 and other fomis of education, recreation and leisure-time occupation without distinction of race, sex, political, religious or other opinion and with the object of improving the conditions of life for the said inhabitants as the trustees may from time to time in their discretion determine. The following groups benefit from the work of the Charity: l. Those who worship or particlpate in other activities at the Oasis of Love Christian Centre. 2. Those who participate in Prayer Bootcamp meetings and initiatives. 3. Vulnerable and disadvantaged members of Society, including the homeless, elderlyi slngle parent families, children, young people and families. 4. The wider community as a whole through support given to other charitable organisations that promote the objects of the Charity. Page 3
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT Publlc beneflt The Trustees confimi that they have complied with the requirements of sertion 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The Charity meets the public benefit for the advancement of the Christian faith, to advance Christian education, to relieve persons who are in condition of need or hard5hlp or who are aged or sick and to relieve the distress caused thereby in such parts of London and in such other parts of the United Kingdom and the world. The Trustees believe that they meet the public benefit requirements by ernpowering and enabling ordinary people to live out their faith a5 part of the community through worship, prayer and fellowship; outreach and missions; pastoral care and support to the members of the community such as the homeless and senior citizens. Achievements and perforniance The following is an account of the activities, events and general progress of the Oases Foundation Intemational. The Oases Foundation International continues to establish and develop the Oasis of Love Christian Centre and Prayer Bootcamp for all Nations. The key elements of the Charity's medium to long term strategies are: a. Providing Christian worship and proclamation of the Christian message. Facilitating opportunities for Christian worship through prayer, music, literature, elertronic media and personal evangelism. We continue to run a weekly Sunday mornlng servi. b. Engaging our members in a daily spiritual exerase programme nick-named "spirobics. Whe both adults and children participate in daily devotional readings and prayer. c. Teaching and training families on the Word of faith and divine health through interactive sessions, cell 9roups, books and other teaching tools. d. Prayer bands and prayer chain programmes run daily and prayer meetings are held on Fridays where the Church engages in prayers for the community and the government. These meetings are now held online. e. Support single parent familie5, senior citizens, unemployed and youn9 families by providing financial assistance. f. Providing social activities to foster fellowship and develop strong relationships among the Church membershlp. g. Training and development of young people engaging them in Christian values and preparing them to impact their generation. h. Tralning volunteers in administration, finance, management, music and hospitality. l. Developing and encouraging strong families through the provision of marriage enrlchment seminars. Page 4
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT J. Encouraging business start-ups through its community connection programs. k. Holding prayer rallies and weekly prayer Initlatives with meetings held in different citles within the UK and globally. Prayer Bootcamp ftir all Nations Prayer Bootcamp for all Nations (PBC) is a prayer ministry and initiative of the Charity. This mlnistry is well received and sees weekly support and participation globally with over 200-250 people connecting with the Charity online through this platform every week. 'Operation Let My People Go., 'Taskforce against canrf and 'Reset My Seed. are weekly meetings. PBC provides resources (Prayer School and Spirobics) to teach and guide on devotional and intercessory prayer. Single pants Support Unit This unit provides support for single parent families and is an outreach programme to assist them with their daily routines. provide financial and emotional support and mentoring where required. Support of other charltable organisations The Charity is committed to supporting agencies and projects which carry out valuable and essential Servi5 here and abroad by way of donations to charitie5 suggested by the membershlp. This year particular support was given to charities that We undergoing financial difficulties due to the impart of the lockdown Measu$. Financial review With the support of the church membershlp, committed donors and other attendees, the Charity has generated a very positive outcome and has been able to maintain its commitments and fulfil its objettives. The Charity's principal source of funding is from donations received from members of the Oasis of Love Christian Centre, attendees to PBC meetings and other supporters of its work. Policy on reserves The Trustees have reviewed the Charity's reserves policy in light of its commitments, main risks and future plans. They have established a policy whereby unrestricted funds not committed or invested in tangible fixed a55ets held by the Charity should be between 3 to 6 months of the expenditure. The financial forecast for 202512026 is £150,000. The reserves are held in case of a sudden decline in incorne to ensure that the Charity meets its legal commitments and obligation to provide Services and activities in accordance with its objectlves. The Charity is currently committed to lease with London Clty Misslon expired in June 2024 due to the sale of the building but ne9Otiation5 are on90ing for a 3 year lease with a break clause in 2026. Page 5
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT Investment policy and objectives The Charity has cash levels that are set out In the Charity's balance sheet. The objective of the investment policy is to invest cash at banks where the capital is protected. The Charity currently has a policy of keeping any surplus funds in cash at banks whe immedlate access and security of funds are guaranteed. Aside from retaining a prudent amount in reserves m05t of the Charity's funds are currently required for the purchase of its current premises to allow our continued service to the local community. Going concern After maklng approprlate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going COnrn basis in preparing the financial statements. Plans for future periods We intend to be involved in outreaches to the developing nations providing training and development in information technology. management and administration. We are also looking to develop ongoing outreaches to the elderly within the community. The Charlty, through Its working arm Oasis of Love Christian Centre (OLCC), has put in place virtual weekly meetings in addition to "in person" meetings that can be streamed online. We have daily prayer meetings via video conference during lent using thls medium. Prayer Bootcamp for all Nations continues to run weekly prayer meetings and teaching resources to support people. The welfare team also provides financial support for people who require a55i5tance. We are encouraged by the faithful commitment of our donors. We trust that the Charity will be able to continue its work in the years to come. Page 6
THE OASES FOUNDATION INTERNATIONAL TRUSTEES. REPORT Statement of responslbllltles The Trustees (who are also the directors of The Oases Foundation International for the purposes of company law) are responsible for preparing the Trustees, report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting Practice), including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming sourceS and application of resources. including Its income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that a reasonable and prudent. state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and Prepa the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeplng proper accounting COrdS that can disclose wlth reasonable accuracy at any time the financial position of the charltable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companles provis•on statement Thls port has been prepared in accordance wlth the small companies regime under the Companies Act 2006. The annual report was approved by the Trustees of the Charity on 28 April 2026 and signed on its behalf by: Adebayo Ademlju Trustee Page 7
THE OASES FOUNDATION INTERNATIONAL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE OASES FOUNDATION INTERNATIONAL I report to the Charity Trustees on my examination of the accounts of The Oases Foundatlon International for the year ended 31 July 2025. Responsibilities and basls of report As the Charity's Trustees of The Oases Foundation International (and also Its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). Havlng satisfied myself that the accounts of The Oases Foundation International are not required to be audited under Part 16 of the 2006 Art and a eligible for independent examination, I report in respect of my examination of your Charity's accounts a5 carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Comrnission under section 145(5)(b) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention In connection with the examination giving rne cause to believe: l. accounting cOrdS We not kept in Pert of The Oases Foundation International as reqUId by section 386 of the 2006 Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of sertion 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. or 4. the accounts have not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper unders nding of the accounts to be reached. G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills BarnsAppledram Lane South Chichester West Sussex P020 7EG 28 April 2026 Page 8
THE OASES FOUNDATION INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025 Unrestrlcted funds Total 2025 Total 2024 Note Income and Endowments from: Donatlons and legacies Investment income 124,273 124,273 97,695 Total Income 126 134 Expendlture on: Charitable activities 116 688 116 688 130 879 Total expendlture Net Income/(expendlture) 116 688 116 688 130 879 Net movement in funds 9,446 9,446 (31,317) Reconciliation ol lunds Totsl funds brought forward Total funds carrled forward 117 543 117 543 148 860 12 126 989 126 989 117 543 The notes on pages 11 to 19 fomi an integral part of these financial statements. Page 9
THE OASES FOUNDATION INTERNATIONAL (REGIsfRATION NUMBER: 05530343) BALANCE SHEET AS AT 31 JULY 2025 2025 2024 Note Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 3,971 116 234 402 104 141 120,205 104,543 Credltors: Amounts falllng due wlthln one year io Net current assets 116 293 101 499 Net assets 126 989 117 543 Funds of the Charity: Unrestrlcted Income funds Unrestricted funds 126 989 117 543 Total funds 12 126 989 117 543 For the financial year ending 31 July 2025 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not qUired the Charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknowledge their pOnSIbl11t0es for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordan with the special provlslons relating to companies subject to the small companie5 regime within Part 15 of the Companies Act 2006. The financial statements on pages 9 to 19 were approved by the Trustees, and authorised for issue on 28 April 2026 and signed on their behalf by: Adebayo Ademiju Trustee The notes on pages 11 to 19 form an integral part of these financial statements. Page 10
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 I Charlty status The Charity is limited by guarantee, incorporated in England, and consequently does not have share capltal. Each of the Trustees is liable to contribute an amount not exceedlng £10 towards the assets of the Charity in the event of liquidation. 2 Accounting pollcles Summary of signlflcant accountsng pollcles and key accounting estimates The principal accounting policies applied in the pParatIOn of these financial statements are set out below. These policies have tEen consistently applied to all the year5 presented, untess otherwise stated. statement of compliance The financial statements have been PrePad in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011. Basis of preparation The Oases Foundation International meets the definition of a publlc benefit entlty under FRS 102. Assets and liabilities a initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Golng concern The Trustees consider that there a no material UnrtaIntieS about the Charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the Charlty. Income and endowments All income is recognised On the Charity has entitlement to the income, it is probable that the income will be r1Ved and the amount of the income receivable can be measured reliably. Page 11
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 313ULY 2025 Donations and legacies Donations a recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforrnan by the Charity before the Charity is entitled to the funds, the income is deferred and not recognlsed until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting period. Glft ald Income tax recoverable in relation to donations reiVed under Gift Aid or deeds of covenant is recognised at the time of the donatlon. Interest receivable Interest on funds held on deposit Is included when recelvable and the amount can be measured rellably by the charity: this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposlted. Expendlture All expenditure Is recognised once there is a legal or constructive obligation to that expenditure, it Is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Charltable artivitles Charitable expenditure comprises those costs incurred by the Charity In the delivery of Its actlvlties and services for its beneficiaries. It includes both costs that can be all¢xated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The Charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation In respect of income or capitsl gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tanglble flxed assets Individual fixed assets costing £500 or rn0 are Initially Orded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment10s5es. Page 12
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Depreciatlon and amortlsation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economlc life as follows: Asset class Furnlture and equlpment Deprttiation method and rate 33% on reducing balance Debtors Trade and other debtors a recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Liabilities Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated lIablY. Liabilities are recognlsed at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or setvices it must provlde. Fund structure Unrestricted income funds are general funds that are available for use at the Tru5tee5 discretion in furtherance of the objectives of the Charity. Pensions and other post retlrement obll9ations The Charity operates a defined contrlbution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the Charity has no legal or constructive obligation to pay fLtrther contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised In the Statement of Financial Artivities when they are due. If contribution payments exed the contribution due for service, the excess is recognised as a prepayment. Page 13
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Financial Instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effectlve Interest method. 3 Income from donations and legacles Unrestricted funds General Total 2025 Total 2024 Donations and legacies. Donations to major appeals Gift aid reclaimed Other income from donations and legacies 100,036 24,237 100,036 24,237 83,611 12,739 124 273 124 273 4 Investment Income Unrestricted funds General Total 2025 Total 2024 Interest recelvable and similar income; Interest receivable on bank deposits Page 14
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 5 Expendlture on charltable actlvltles Unrestrirted funds General Total 2025 Total 2024 Note Premises costs Utillties Service costs Department expenses Church general Honorarium Hospitality Welfare support Stationery and supplies Insuran and licences Trainlng Travel Professional fees Bank charges Independent examination Depreciation, amortisation and other similar costs Grant funding of activities staff costs 25,618 5,127 1,602 300 1.898 11,550 5,645 2,283 1,997 6.689 3,982 7,450 371 60 1,560 25,618 5,127 1,602 300 1.898 11,550 5,645 2,283 1,997 6.689 3.982 7,450 371 60 1,560 25,777 7,103 3,391 670 4,041 8,150 6,424 4,469 2,130 6,128 3,579 10,799 900 413 1,560 5.348 1.000 5,348 1,000 8,023 2,715 116 688 116 688 130 879 Page 15
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 6 Trustees remuneration and expenses During the year the Charity made the following transactions with Trustees". Adebayo Ademiju Adebayo Ademiju ceIved remuneration of £30,115 (2024: £30,704)as pastor of the church and benefits in kind in the form of pension contributions of £904 (2024.. £921) during the year. Legal authority: Goveming document The only other payments made to the Trustees, or any person connected with them, conslsted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects. 7 Staff costs The aggregate payroll costs were as follows: 2025 2024 staff costs during the year were: Wages and salaries Social security costs Pension costs 30.115 3.189 904 30,704 2,982 921 The monthly average number of persons (including senior management I leadershlp team) employed by the Charity during the year expressed as full time equivalents was as follows: 2025 2024 staff No empkjyee received emoluments of more than £60,000 during the year. Page 16
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 8 Tangible fixed assets Furniture and equlpment Total Cost At l August 2024 At 31 July 2025 Depreclatlon At l August 2024 Charge for the year 43,612 43,612 At 31 July 2025 Net book value At 31 July 2025 At 31 July 2024 9 Debtors 2025 2024 Accrued income 402 10 Creditors: amounts falllng due within one year 2025 2024 Trade creditors Other taxation and social security other creditors Accruals 871 1,305 176 657 651 176 Pa9e 17
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 11 Penslon and other schemes Defined contrlbution pension scheme The Charlty operates a defined contributlon penslon scheme. The pension cost charge for the year represents contributions payable by the Charity to the scheme and amounted to £904 (2024 - £921). Contributions totalling £176 (2024 - £176) We payable to the scheme at the end of the year and are Included In creditors. 12 Funds Balance at l August 2024 Balance at 31 July 2025 Incomlng Resources resources expended Unrestricted funds General General Funds 117 543 126 134 116 688 126 989 Balance at l August 2023 Balance at 31 July 2024 Incoming resources Resources expended Unrestrlrted funds General General Funds 148 860 99562 130 879 117 543 Page 18
THE OASES FOUNDATION INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 13 Analysls of net assets between fvnds Unrestrlrted Total funds funds at 31 July General 2025 Tangible fixed assets Current assets Current liabilities 10,696 120,205 10,696 120,205 Total net assets 126 989 126 989 Unrestricted Total funds funds at 31 July General 2024 Tangible fixed assets Current assets CUrnt Ilabllities 16,044 104,543 16,044 104,543 Total net assets 117 543 Page 19