2022-03-31-accounts - Oasis Family Church Witney

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Charity Registration No. 1118723 OASIS FAMILY CHURCH, WITNEY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 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 S Briar Close Banbury Oxon. OX169DS

Page I OASIS FAMILY CHURCH, WITNEY TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees have pleasure in presenting their report and the Financial Statements of the Church for the year ended 31 March 2022. 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 G Dale MrsT Dale MrsA Y Smith Mr l Troughear Mrs R Troughear Structure, Governance and Management The Church is constituted as an independent church, and the governing document IS 3 Trust Deed. The Trustees are nominated by the Church Meeting and elected by the other Trustees. The Trustees. role involves the smooth operalion of lh¢ pMIseS and govemance of the activities taking place at Ceewood Hall. This includes bul is nol limiled to the management of the Child Prolection Policy. a5 well as the eiiiployinent of staff. Additionally. the Trustees are responsible for employin¥ members atkd regular attenders in a voluTrtsry capacity. SLtLh as assisting with children's work. Reasonable steps have been taken to ensure the prevention and detection of fraud and other irregularities and to provide 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 with 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 material misstatement or loss. These include: (a) Monthly consideration by the Trustees of the financial results,. (b) 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 2022 (Cont.) Objectives and Activities The Church'5 aim is the advancement of the Christian faith. In support of this objective, the church may engage in a number of activities, including.. Worship and prayer,. Evangelism and Mission,. Nurture and growth of Christian disciples.. Training and equipping the congregation for Christian service,. Giving pastoral care; Supporting charitable social action at home and abroad.. Relating in support and fellowship to other Christians. Achievements and Performance Throughout the year the Elder5 and Members have sought to share the gospel through the use of the activities listed above. In Jddition to the regular Sunday worship meeting5 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. With the lifting of restrictions following the pandemic, however, events have increasingly been in person, although Zoom has still been a useful tool. The 'drop-in' cafe and second-hand shop both remained closed for almost the entire year. as a result ofwhich there are few transactions through the shop. The church is pleased to continue to have good relatlOll5 Wlth the local community. In carrying out its artivities 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. Financial Review As shown in the Receipts & Payments Account on page 4, there was an excess of receipts over payments of just over £15,000 [2021, £21,900). Overall, the financial state of affairs of the Church is considered to be satisfactory. On behalf of the Trustees Date.. 31 May 2022

Page 4 OASIS FAMILY CHURCH, WITNEY RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 General Designated 2022 2021 Incoming Resources Voluntary income.. Tithes, offerings & donations Charitable Activities Covid lockdown grants 18.787 33,319 352 18,787 33,353 3,769 32,120 30,740 19,341 34 3,417 Total incoming resources 52,458 55,909 82,201 Resources expended Cost ofGenerating Funds Charitable Activities 86 40,791 86 40,791 86 50,235 Total Resources Expended 40.877 40,877 50,321 Net Movement of Resources in the Year 11,581 3.451 15,032 31,880 Transfer between funds 3,451 (3.451) 15,032 15,032 31.880 Bank & cash balances brought foThvard 49,897 12,500 62,397 30.517 Bank & cash balances carried forward 64,929 12,500 77,429 62,397

Page 5 OASIS FAMILY CHURCH. WITNEY STATEMENT OFASSETS AND LIABILITIES ASAT 31 MARCH 2022 General Designated 2022 2021 No CURRENT ASss Cash at Bank & in hand 64,929 12,500 77,429 62,397 64,929 12,500 77,429 62,397 LIABILITIES Due within one year 450 450 425 Assets less Liabilities 64,479 12,500 76,979 61,972 Approved on 31 May 2022 Treasurer Elder

OASIS FAMILY CHURCH, WITNEY Page 6 NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH Z022 l. Accounting Policies The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Church's Fin2nci21 Statements. The Financial StateTnent5 are prepared under the Historical Cost Convention. Because the Church's income is under £250,000 the account5 are now prepared on a Receipts 2nd Payments basis, to avoid the need to comply with the Charities SORP [FRS102). 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. The cost ofgenerating 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. General Designated 2022 2021 2. Costs of Generating Funds Posters & advertising boards Website costs 86 86 86 86 86 86 3. Charltable Artivities 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 ofequipment Independent Examination 6,229 150 2,731 15,684 9,828 1,248 1,202 43 1,977 898 143 233 425 6,229 150 2.731 15,684 9,828 1,248 1,202 43 1,977 898 143 233 425 7,077 1,507 4,943 22,870 9.028 1,157 248 1,934 808 64 179 420 40,791 40,791 50,235 4. Employee information Wages, salaries & social security costs 6,229 6,229 7,077 The average number of persons employed during the year was l (2021.. 1). No employee received remuneration in exce55 of£60,000 p.a. One trustee received £1.808 (2021. £1,808) as rernuneration for his work as church administrator.

Page 3

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF OASIS FAMILY CHURCH, WITNEY

I report on the accounts of the Church for the year ended 31 March 2022, which are set out on pages 4 to 7.

Respective responsibilities of trustees and independent examiner

The church's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 44(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 of the 2011 Act;
To follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the 2011 Act; and
To state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was 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 no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect

the accounting records were not kept in accordance with section 130 of the Charities
Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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 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 31 May 2022