2021-03-31-accounts - Oasis Family Church Witney

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Charity Registration No. 1118723 OASIS FAMILY CHURCH, TNEy FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Contents.. Pagel-2 Trustees, Report Page 3 Independent Examiner's Report Page 4 Receipts & Payments Account Page 5 Statement of Assets & Liabilities Page 6 Notes to the Accounts David Cooke & Co Chartered Accountants 5 Briar Close Banbury Oxon. OX16 9DS

Page I OASIS FAMILY CHURCH, TNEy TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021 The trustees have pleasure in presenting their report and the Financial Statements of the Church forthe year ended 31 March 2021. Reference and Administrative Details The Church is a Registered Charity no. 1118723. For correspondence purposes, the address Is: Oasis Family Church, The Oasis Centre, I l Fettiplace Road, Witney, OX28 SAP. The charity trustees for the year were as follows.. Mr S Brittan (resigned 29/5/20) MrG Dale Mr5 T Dale Mrs A Y Smith Mr J Troughear (appointed 15/2/21) Mrs R Troughear (appointed 1512/21) Strncture, Governance and Management The Church is constituted as an independent church, and the governing document is a Trust Deed. The Trustees are nominated by the Church Meeting and elected by the other Trustees. The Trustees, role involves the smooth operation of the premises and governance of the activities taking place at Ceewood Hall. This in¢ludes but is not limiled to the management of the Child Protection Policy, as well as the employment of staff. Additionally, the Trust¢es are responsible for employing members and regular attenderb in a voluntary capacity, such as a55isting with children'5 work. Reasonable steps have been taken to ensure the prevention and detection of fraud and other irregularities and to provtde reasonable assurance that-. l. The Church is operating efficiently and effectively,. 2. Assets are safeguarded against unauthorised use or disposition. 3. Proper records are maintained and financial information used wtth the Church or for publication is reliable,. 4. The Church complies with relevant laws and regulations,. 5. The systems of control are designed to provide reasonable, but not absolute. assurance against materi21 misstatement or loss. These include.. (a) Monthly consideration by the Trustees of the financial results: tb) Delegation of authority and segregation of duties; (c] Identification and management of risks.

Page 2 OASIS FAMILY CHURCH, WITNEY TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021 (ConL) Objectives and Actlvities The Church's aim is the advancement ofthe Christian faith. In support of this objertive, the church may engage in a nurnber of activities, including- Worship and prayer; Evangelism and Mission,. Nurture and growth of Christian disciples,. Training and equippingthe congregation for Christian service; Giving pastoral care; Supporting charitable social action at home and abroad,. Relating in support 2nd fellowship to other Christians. Achievements and Performance Throughout the year the Elders and Members have sought to share the gospel through the use of the activities listed above. In addition to the regular Sunday worship meetings the church has been running weekday evening meetings and a Tuesday morning 'coffee morning, in order to maintain relationships and support during the national coronavirus lockdowns. These Tneetings have been almost wholly on the Zoom platform with the occasional socially distanced meeting in person when allowed. The 'drop-in' cafe and second-hand shop have both remained closed for the entire year. Instead, the church has been delivering'foodshare, products twice a week to the elderly, vulnerable, and families in need who are known to us. Christmas food parcels were delivered to the elderly in place ofour usual Christmas meal. We have a150 been able to provide facilities for council family intervention groups while our prernises have been closed to the public. The church 15 pleased to continue to have good relations with the local community. In carrying out its activities in the year under review, the trustees have had regard to the public benefit guidance issued by the Charity Commission and are satisfied the activities mentioned above have all been for the public benefit. Financlal Review As shown in the Receipts & Payments Account on page 4, there was an excess of receipts over payments of nearly over £31,900 (2020. deficit of just over £20,600). Overall, the financial state of affairs of the Church is considered to be satisfactory. On behalf of the Trustees Date: 13 May 2021

INDEPENDENT EXAMINERS REPORT Page 3 TO THE TRUSTEES OF OAS15 FAMILY CHURCH, WITNEY I report on the accounts of the Church for the year ended 31 March 2021, which are set out on pages 4 to 7. Respective responsibilities of trn5tees and Independent examSner The Church's trustees are responsible for the preparatitsn of the accounts. The trustees consider that an audit is not required for this year [under section 144[2J of the Charities Act 2011 (the Act]] and that an independent examination is needed. It is my responsib51ity to: Examine the accounts (under section 145 ofthe Act),. To follow the procedures laid down in the General Directions given by the Charity Commissioner5 (under section 145 (5} (b) of the Act).. and To stste whether particular matters have come to my attention. Basis of Independent examlner's report My examination wa5 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 presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with myexamination, no matterhas come to myattention.. l. which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 130 of the Act,. and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met,. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. David Cooke MA (Oxon) FCA FCIE David Cooke and Co. Chartered Accountants 5 Briar Close, Banbury Oxon. OX16 9DS 13 May 2021

Page 4

OASIS FAMILY CHURCH, WITNEY

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Note Incoming Resources Voluntary income: Tithes, offerings & donations Charitable Activities Covid lockdown grants Total incoming resources Resources expended Cost of Generating Funds 2 Charitable Activities 3 Total Resources Expended Net Movement of Resources in the Year Transfer between funds Bank & cash balances brought forward Bank & cash balances carried forward	General Designated Fund Funds £ £ 32,120 - 30,687 53 - 19,341 62,807 19,394 86 - 50,235 - 50,321 - 12,486 19,394 8,828 (8,828) 21,314 10,566 28,583 1,934 49,897 12,500	2021 Total £ 32,120 30,740 19,341 82,201 86 50,235 50,321 31,880 - 31,880 30,517 62,397	2020 Total £ 23,808 28,256 - 52,064 371 72,326 72,697 (20,633) - (20,633) 51,150 30,517

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OASIS FAMILY CHURCH, WITNEY

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2021

CURRENT ASSETS Cash at Bank & in hand LIABILITIES Due within one year Assets less Liabilities	Note	General Designated Fund Funds £ £ 49,897 12,500 49,897 12,500 425 - 49,472 12,500	2021 2020 Total Total £ £ 62,397 30,517 - - 62,397 30,517 425 420 61,972 30,097

Approved on 13 May 2021 ____ Treasurer ____ Trustee

OASIS FAMILY CHURCH, WITNEY

Page 6

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. Accounting Policies

The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Church's Financial Statements.

(a) Accounting Convention.

The Financial Statements are prepared under the Historical Cost Convention. Because the Church's income is under £250,000 the accounts are now prepared on a Receipts and Payments basis, to avoid the need to comply with the Charities SORP (FRS102).

(b) Income.

Donations represent cash received during the year, including tax repayments received. Charitable Activities include the hire of the hall for charitable purposes and other events. Investment income comprises interest received from money in deposit accounts.

(c) Expenditure

The cost of generating funds are costs incurred in promoting the Church and its work. Charitable Activities Expenditure comprises all expenditure directly related to the Church's objects, including governance costs.

2. Costs of Generating Funds Posters & advertising boards Website costs 3. Charitable Activities Wages & Salaries (note 4) Visiting speakers Giving Overseas Hall Expenses Shop & Oasis Centre expenses Cost of Events, courses, etc Other giving Printing, Stationery, Literature, etc. Subscriptions & Courses Insurance Miscellaneous expenses Purchase of equipment Independent Examination 4. Employee information Wages, salaries & social security costs	General Designated Fund Funds £ £ - - 86 - 86 - 7,077 - 1,507 - 4,943 - 22,870 - 9,028 - - - 1,157 - 248 - 1,934 - 808 - 64 - 179 - 420 - 50,235 - 7,077 -	2021 Total £ - 86 86 7,077 1,507 4,943 22,870 9,028 - 1,157 248 1,934 808 64 179 420 50,235 7,077	2020 Total £ 293 78 371 10,222 3,238 5,517 39,598 8,771 800 709 115 1,109 807 120 920 400 72,326 10,222

The average number of persons employed during the year was 1 (2020: 1). No employee received remuneration in excess of £60,000 p.a. One trustee received £1,808 (2020, £4,692) as remuneration for his work as church administrator.