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2021-03-31-accounts

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Report of the Trustees and Audited Financial Statements for the year ended 31 March 2021

Registered number: 05810653 Charity number: 1126198

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

LEGAL AND ADMINISTRATIVE INFORMATION

Roles and Management

Oasis aspires to a world free from abusive relationships where the vulnerable are enabled to deal with society on equal terms; a society that values and makes safe its communities, and communities that work together to protect and support one another.

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Trustees Charity Management
Trustees Chief Executive – Deb Cartwright
J Morris (Chair)
Head of Operations – Tina Alexander
H Jones (Treasurer)
B Aitken Finance Manager – Caroline Palmer
J Catt Fundraising Manager – Loukia Michael
F Dunmall (Appointed 19 May 2021)
Auditors
M Elliott
S Fox (Appointed 19 May 2021) Azets Audit Services
EJ Gee (Appointed 19 May 2021)
37 Old Dover Rd, Canterbury CT1 3JF
MJ Insaidoo
E Matthews Bankers
B Musindi
Charities Aid Foundation
C Tate
25 Kings Hill Avenue, West Malling ME19 4JQ
Registered Office
Gregory Rowcliffe Milner
1 Bedford Row
Holborn
WC1R 4BZ
Contact us: Charity no. - 1126198
enquiries@oasisdaservice.org Company no. - 05810653
www.oasisdaservice.org
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Principal address

The charity is exempt from disclosing the principal address on the grounds that it could place its stakeholders in personal danger

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

CONTENTS

Page
Chair and Chief Executive’s Report 1
Trustees’ Annual Report 2 to 11
Independent Auditors’ Report 12 to 16
Statement of Financial Activities 17 to 18
Balance Sheet 19
Statement of Cash Flows 20
Notes to the Financial Statements 21 to 32

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Chair & Chief Executive’s Report

We want to see all of those who come to harm in their own homes, families and relationships live lives free from abuse and violence. That is why we strive to be more available than ever before. This reporting year was marked by the COVID crisis and all our efforts were directed to ensuring that we could maintain levels of service, be available in increasingly creative ways and work with many stakeholders and partners in our areas of operation to achieve these goals.

It has not been a good year for those who need our help. Locked down in unhappy and unsafe situations, children not having respite in school and community settings, increased risk of significant harm for some and unwelcome mental pressure for all. Our primary focus has been on ensuring we are available, accessible, and known during this time. We believe we have achieved those aims.

The crisis interrupted many activities and developments, it meant that we had to adapt quickly. It also meant that we could not gain the full enjoyment of our status as Charity of the Year 2019-20.

However, we have had an insight into our capacity for reactive change and the work has been marked by many incredible activities. Our administrative back office transformed us into a home working model in a very short time, they dealt with in excess of 60 staff members being set up to continue their roles, ensured that our accommodation was COVID-secure and continued to provide an enormous amount of support to not only Oasis but, our sister organisation, Choices staff and service users.

Our accommodation-based teams have striven to maintain business as usual in these settings, finding themselves at the frontline of sustaining vital housing and our continued engagement rates in these settings are an absolute tribute to them at such a testing time.

Our community-based teams have also dealt with this transformation like the true crisis managers that they are. Keeping people safe is what they do for a living, and they ensured that they kept a clear focus on this despite the tests everyone has experienced collectively.

Our young people’s staff have dealt with the anxieties of referral drop-offs, and have undertaken many creative engagements of young people, making sure that they were available no matter what.

On top of this we have had wonderful support, guidance, and access to resources through our key funding relationships, most notably, Kent County Council, but also many trusts and foundations who have become flexible and adaptive with this journey. Not only are we indebted to our incredible staff team, but we honour all of our community supporters who kept vital donations rolling in, and our loyal band of volunteers.

Mrs J Morris - Chair Date: 17 November 2021

Page 1

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their annual report together with the audited financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 & Republic of Ireland published on 16 July 2014 and updated by Bulletin 1 & 2.

OBJECTIVES AND ACTIVITIES

Trustees’ Strategic Report

Oasis exists to provide support to those affected by domestic abuse. We aim to ensure that everyone we help has the opportunity for safety, support, and recovery.

You have made my life so much safer; I can go out without looking over my shoulder all the time. I’m feeling a lot better in myself now thanks to your support; it has helped so much, thank you...

Our vision is…

We aspire to a world free from abusive relationships where the vulnerable are enabled to deal with society on equal terms; a society that values and makes safe its communities, and communities that work together to protect and support one another.

Too many people are still adversely affected by this issue, and in response we continue to provide practical and emotional support and information to anyone who needs that help. Our focus as an organisation that began as a ‘by and for’ service for women and children is to continue to balance this focus with a landscape that is growing richer and more developed in its understanding of the complex nature of this issue.

We continue to provide tailor made support for adults affected by the issue via risk management, practical and emotional support, resettlement, counselling and advocacy. We provide tailor-made evidence-informed services for children and young people affected by domestic abuse and include their parents and carers in some of this provision.

Page 2

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

We actively support the development of the co-ordinated community response, through our ongoing training for other agencies and organisations, awareness raising and educational programmes, participation in strategic partnerships and contributions to research.

Our aim is to continue to make a difference in family and interpersonal relationships by continuing to live our organisation’s values. We are:

Committed

Collaborative

Compassionate

Connected

Public Benefit

The Trustees confirm that they have referred to the Charity Act 2006, Section 4 guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

Volunteers

Oasis is fortunate to have dedicated and enthusiastic volunteers to support its work in all parts of the organisation – in helping run the charity shop and directly in the fundraising team, in providing much needed administrative support to our front-line staff teams and in administering and delivering group working models. Without these volunteers it would be much harder for Oasis to provide the range of services it does, and to the

quality that is needed. The trustees are grateful to them for all that they do. Helen Waddington (shown in image) is one of many who gives tirelessly to the charity, we thank you all.

Page 3

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

ACHIEVEMENT AND PERFORMANCE

Adult Services

RAISE East Kent team:

We helped 622 people in this year – 588 (95%) were female, and 20 (3%) were male (2% unspecified).

14% were people of colour and 120 (19%) were disabled.

There were 898 children associated with these families.

241 (39%) people experienced someone trying to strangle or suffocate them, 235 (38%) experienced somebody threatening to kill them, 93 (15%) needed to visit A&E or be hospitalised, 288 (46%) had thoughts of suicide and 47 (8%) self-harmed to cope.

What difference did we make? 376 adults exited our services this year. Of these:

61% (n=229) felt a reduction in symptoms of trauma and anxiety

60 perpetrators were removed from victim’s homes

65 people were resettled through support

37 had added security measures at home

38 people are starting a new job/staying in employment

67 people were supported through court

131 were supported with reporting to the police

78 injunctions obtained/breaches were enforced

Children & Young People’s Services

We received 244 CYP referrals in 2020

We were unable to progress 31 referrals due to a lack of capacity.

The EIP team completed work with 163 children in 2020:

97 (60%) were female and 56 (34%) were male (6% unidentified).

65 children were worked with on a 1-1 basis.

10 (6%) of children had a learning disability.

79 (48%) of children directly witnessed the abuse of another person

106 (65%) of children were victims of emotional abuse

59 (36%) of children were victims of physical abuse

Page 4

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

77 clients exited our services this year, with 39 (51%) showing a positive mental health outcome, 22 (29%) showing improved relationship and social skills, 8 (10%) showing improved attainment at school, 5 (6%) attending school more regularly, 31 (40%) showing improved coping strategies, 18 (23%) showing a reduction in challenging behaviour) and 29 (38%) showing an improved confidence.

Strategic Performance

Our Strategic Plan 2016-21 set out four key areas of focus:

Collaboration – We identified that true collaboration is difficult given the competition in the sector, but that we did not wish to have the benefits to those that need our services inhibited by these behaviours. During this plan we have continued to work in partnership with our consortium partners, have expanded and re-branded this partnership to ‘Kent and Medway Domestic Abuse Consortium.’

Our commissioners required that we work in partnership with other commissioned services, so we have engaged in the KIDAS partnership and collectively have worked towards consistency in services across the county, culminating in a hugely successful virtual conference. The conference remains a legacy on You Tube:

KIDAS Conference 2020

We worked with a group of specialist practitioners to develop a new groupwork model for Kent – Phoenix, and to date have trained up to 100 facilitators. The programme has modernised psycho-educational domestic abuse programmes making it suitable for a range of audiences and has been co-produced by those with lived experience.

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OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Prevention – We have continued work in schools to help young people to think about the risk factors in relationships through our ‘Just so you Know’ programme and have worked with a wide range of practitioners in both training, awareness, and other settings to ensure that the preventative and recognition messages are understood. Training continues to be well received.

RAISE – We set out our approaches via our Referral, Assessment, Inclusion, Support and Enable practices, ensuring that through a capable team of staff we offer tailor-made, strengths based support[1] , including for those with higher levels of need. Our commissioned East Kent service formed the core offer and we have added provision options into this team to cope with demand and the diverse needs of our clients.

Enable –The Blossom programme was interrupted due to the COVID pandemic, but we have renewed our commitment to this through the employment of a Volunteer Co-ordinator. This programme aims to continue the journey of recovery for those that use our services into selfactualising activities. With the support of Public Health, we also began the development of trauma awareness training for service users, having developed and piloted we will continue to deliver the Understanding Trauma programme within the life of the new strategy.

In addition, we were compelled along with the nation to:

Respond to Coronavirus – like many other charities Oasis made an urgent review of services and potential client needs in response to the pandemic. We transformed the bulk of the organisation to a home working model, endeavoured to keep services running by ensuring accessibility, creating virtual pathways, and continuing to raise awareness through our communications plan. We saw incredible support from our community, with multiple events organised to raise funds that would replace lost funding, strong collaborations across Kent for user benefit and the transformation of programmes for online delivery. This was a challenging year, but we rose to it.

Page 6

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

FINANCIAL REVIEW

Despite the significant challenges of 2020-21 Oasis continued to adapt and innovate and we were proud of our continuing diversification of income.

Total income for the year was £1,456,700 (2020: £1,301,741). Total expenditure for the year was £1,293,744 (2020: £1,206,376). The result for the year was a surplus of £162,956 (2020: Surplus of £95,365).

Our income was bolstered in this year through additional COVID income which has allowed us to contribute unrestricted funds to reserves. This is an essential matter given the unknown impact on funding in the coming years as a result of the pandemic.

Fundraising Team highlights

The Fundraising Team generated £741,569 in the financial year ending 31[st] March 2021 which is a 59% increase on the previous year. 16% of this income came from the community (£121,381) – this represents a 10% decrease on the prior year but given the cancellation of all events, including our annual Golf Day, is a remarkable figure.

We had forecast a significant loss of community income and are grateful to The Henry Smith charity for an emergency grant which included £30,000 towards lost community fundraising income. That we only saw a 10% decrease in the end is indicative of:

The remainder of the income comes from Trusts and Foundations where we saw an 88% increase on the previous year. The team have a ‘hit rate’ (successful bids) of 84%. This is based on the outcome of 31 bids where the outcome was known within the year (n=26). 6 bids did not have a known outcome in the reporting year (37 bids were made in total). The hit rate is higher than in previous years largely due to the specific applications made around COVID specific funding.

Despite a very successful year for Oasis with charitable trusts, we are mindful of future fundraising risks. Key concerns are that the full impact of the pandemic has yet to be seen, Covid emergency funding has been problematic – tight deadlines, approved expenditure restrictions and a requirement to spend the money within 12 or even 6 months, has rendered the money less useful than it might have been and created future budget pressures and competition for grants continues to increase. Many trusts have put a pause on their funding programmes while they re-evaluate their criteria in light of pandemic issues.

Page 7

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

However, our track record is strong. We are frequently commended on our end of project impact reports, and this will stand us in good stead. The focus for the year ahead will be the use of our significant internal knowledge and stakeholder relationships to continue to address the sustainability of the organisation.

The Oasis Shop:

The charity shop is now open, having been closed for most of the year. We have ended the year with a small profit of £6,431. Headline figures are below but again they are specific to unusual circumstances. We remain grateful to the volunteers who make this endeavour viable.

Takings for theyear £16,008
Costs for theyear £29,770
Rent savings for theyear £2,440
Businessgrants from TDC totalling: £20,193
Bottom line £6,431

Reserves Policy

With regard to general reserves, the Trustees aim to maintain an amount equivalent to 6 months (2020 – 6 months) core expenditure. This would ensure that if the charity lost any of its core funding streams it would have time to develop a new strategy in an orderly manner while protecting the work of the charity. We also acknowledge that the charity must allow for the expenditure of maternity/paternity cover in order to meet our legal duty as an employer. As the expenditure of the charity has grown the Trustees have reviewed the reserves and wish to ensure that £450,000 (2020 - £400,000) is maintained for this purpose.

The balance of general funds at 31 March 2021 was £630,945 (2020: £455,617).

Total designated funds at 31 March 2021 were £186,000 (2020: £200,876). Details of which are set out below.

Total restricted funds at 31 March 2021 were £123,331 (2020: £120,827).

Total funds of the charity at 31 March 2021 were £940,276 (2020: £777,320).

Designated Fund

We continue to ringfence £186,000 for the purposes of capital purchasing. Again, this programme has been interrupted by the pandemic, but will be implemented in 2021-22.

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OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Going concern

At the date of this report the Trustees have identified no issues that would offer concerns about the charities viability as a going concern. The Trustees consider Oasis to be a going concern based on its reserve levels, success with fundraising and reputation and standing in the sector.

Plans for the future

In the coming year we aim to embed the merger of Choices and Oasis ensuring that our primary asset – our people – are settled and have safe and effective working practices.

Quality assurance and safeguarding practices across the larger organisation will be a priority.

The Domestic Abuse Act will be a keen area of focus, bringing as it will a statutory duty to provide safe accommodation along with other new duties that will see an expansion of the services currently provided.

We are currently writing a new strategic plan which will direct our work for 2021-26, we have begun a significant learning review and consultation to inform this work.

Post Balance Sheet Events

There have been no significant events.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Oasis Domestic Abuse Service Limited is a charity which is registered with the Charity Commission under number 1126198, is established under a memorandum and articles of association (amended and adopted by the Charity Commission) dated 15 September 2008. The charity is also constituted as a company limited by guarantee without share capital under number 05810653. The trustees are also directors of the charitable company for the purposes of company law.

During 2009 the assets of Oasis Women’s Refuge (Charity number 1060355) were transferred to Oasis Domestic Abuse Service Limited.

On 1 April 2021 the assets and liabilities and operations of Choices (Formerly known as North Kent Women’s Aid) Limited (Charity number 1125773) were transferred to Oasis Domestic Abuse Service Limited.

Page 9

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Risks to which the charity is exposed

Oasis Board of Trustees continue to monitor risks quarterly. The Board of Trustees conducts a review of the major risks to which the charity is exposed at each board meeting and systems have been established to mitigate those risks. Among the risks identified through the procedure, the following are deemed to be the most important:

Recruitment and appointment of new Trustees

Trustees are appointed to the Board, with their selection being based upon the skills analysis of the Board which is updated annually. Each Trustee is inducted and offered appropriate training in the cause and governance issues. There are annual 360-degree appraisals and associated learning opportunities. The Board meets bi-monthly with additional meetings where these are needed.

Organisational Structure

Day-to-day decision making and responsibility for management of the charity, is delegated to a full time Chief Executive Officer – Deborah Cartwright. Decisions with high financial and/or strategic impact are taken by the Trustees who also monitor the running of the charity through key performance measures. There is a succession planning process in place for key staff.

Merger

Following a period of management oversight for our sister charity Choices, both organisations undertook to merge with this being legally enacted on the 1[st] April 2021.

Page 10

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006 and Trustee Investment (Scotland) Act 2005. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Statement as to Disclosure of Information to Auditors

So far as the Trustees are aware, there is no relevant audit information of which the charitable company's auditors are unaware, and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Approved by the Trustees on 17 November 2021 and signed on their behalf by:

Mrs J Morris

Chair

Page 11

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CHOICES FOR THE YEAR ENDED 31 MARCH 2021

Opinion

We have audited the financial statements of Choices (Formerly known as North Kent Women's Aid) Limited (the ‘charitable company’) for the year ended 31 March 2021 which comprise Statement of Financial Activates, Balance Sheet, Statement of Cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Page 12

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.

Page 13

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.

Page 15

OASIS DOMESTIC ABUSE SERVICE LTD

(A Company Limited by Guarantee)

The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Michelle Wilkes FCA (Senior Statutory Auditor)

For and on behalf of Azets Audit Services Delandale House 37 Old Dover Road Canterbury Kent CT1 3JF

Date: 24 November 2021

Page 16

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVIES

INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income from:
Donations
Charitable activities
3
Other trading activities
4
Investments - Interest receivable
Other:
Covid-19 District council relief
HMRC JRS Grants
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
5
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
104,341
213,366
47,938
4,770
20,193
15,989
406,597
94,224
151,921
246,145
160,452
656,493
816,945
Restricted
funds
£
9,833
1,040,270
-
-
-
-
1,050,103
-
1,047,599
1,047,599
2,504
120,827
123,331
Total
2021
£
114,174
1,253,636
47,938
4,770
20,193
15,989
1,456,700
94,224
1,199,520
1,293,744
162,956
777,320
940,276
Total
2020
£
127,672
1,048,081
124,054
2,434
-
-
1,302,241
81,480
1,124,896
1,206,376
95,865
681,455
777,320

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Page 17

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

COMPARATIVE STATEMENT OF FINANCIAL ACTIVIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income from:
Donations
Charitable activities
3
Other trading activities
4
Investments - Interest receivable
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
5
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
94,201
851,177
124,054
2,434
1,071,866
81,480
892,421
973,901
97,965
558,528
656,493
Restricted
funds
£
33,471
196,904
-
-
230,375
-
232,475
232,475
(2,100)
122,927
120,827
Total
2020
£
127,672
1,048,081
124,054
2,434
1,302,241
81,480
1,124,896
1,206,376
95,865
681,455
777,320

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Page 18

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

BALANCE SHEET

AS AT 31 MARCH 2021

Company Registration No. 05810653

Notes
Tangible fixed assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due
within one year
11
Net current assets
Total net assets
The funds of the charity
Restricted funds
15
Unrestricted funds:
Designated funds
16
General unrestricted fund
17
2021
£
153,312
940,586
1,093,898
(153,622)
186,000
630,945
2021
£
-
940,276
940,276
123,331
816,945
940,276
2020
£
180,509
679,702
860,211
(82,891)
200,876
455,617
2020
£
-
777,320
777,320
120,827
656,493
777,320

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees on 17 November 2021.

Mrs J Morris

Chair

Page 19

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2021

Cash flows from operating activities
Net income / (expenditure for the year)
Adjustment for:
Interest received / rents from investments
Decrease / (increase) in debtors
Increase in creditors
Increase in deferred income
Net cash used in operating activities
Investing activities
Interest received / rents from investments
Net cash from investing activities
Net increase / (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
2021
£
162,956
(4,770)
27,197
(4,463)
75,194
4,770
2021
£
256,114
4,770
260,884
679,702
940,586
2020
£
95,865
(2,434)
(156,614)
4,362
-
2,434
2020
£
(58,821)
2,434
(56,387)
736,089
679,702

Page 20

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. Accounting Policies

1.1 Basis of preparation of financial statements

Oasis Domestic Abuse Service Ltd is governed under it Memorandum and Articles of Association. The address of the principal office not disclosed on the grounds it could place its stakeholders in personal danger. The nature of the charity’s operations and principal activities are set out in the Trustees Annual Report.

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "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) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees have considered relevant information, including the annual budget, forecast future cashflows and the impact of subsequent events In making their assessment.

The Covid-19 pandemic and the ensuing economic shutdown has not had a significant impact on the charity’s operations. In response to the Covid-19 pandemic, the Trustees have performed a robust analysis of forecast future cash flows taking into account the potential impact on the charity of possible future scenarios arising from the impact of Covid-19. This analysis also considers the effectiveness of available measures to assist in mitigating the impact of Covid-19.

Based on these assessments and having regard to the resources available to the charity, the Trustees have concluded there is no material uncertainty and they can continue to adopt the going concern basis of accounting in preparing the financial statements.

Page 21

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

1.3 Income

All income is included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Donations are recognised on notification of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Legacies are recognised on receipt or otherwise if the has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Christmas presents and other items donated to the residents are not material and it is not practical to determine the market value of these gifts and accordingly they are not included as income in the financial statements.

Donated goods for resale in the charity’s shop are generally low value items and in the absence of a detailed stock control system it is impractical to measure their fair value. Income for these goods are recognised when sold.

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received

Grants and service delivery contracts are recognised once receivable. Unrestricted grants that are intended to cover expenditure that most occur in a future period are deferred.

Rental income is received from local district councils and is included within the SOFA when it becomes receivable. Housing benefit and rental income receivable from local district councils is included within the SOFA when the charity has entitlement to the funds.

1.4 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Costs of raising funds are those costs incurred in attracting voluntary income;

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs allocated directly to such activities and support costs (see below).

Page 22

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose

1.5 Funds accounting

Unrestricted general funds are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds that can only be used for particular restricted purposes within the objects of the charity. Restriction arises when specified by the donor or when funds are raised for particular restricted purposes. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.7 Taxation

The charity is registered and is therefore entitled to the exemptions from corporation tax afforded by section 505 of the Income and Corporation Taxes Act 1988. Accordingly, there is no corporation tax charge in these financial statements.

1.8 Tangible fixed assets

Assets costing £1,000 or more or a group of the same assets amounting to £5,000 or more are capitalised as tangible fixed assets and are carried at cost, net of depreciation and any impairment.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements - Over period of the lease
Fixtures and fittings - 20% straight line
Office equipment - 20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss.

Page 23

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial Instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

Page 24

OASIS DOMESTIC ABUSE SERVICE LIMITED (A Company Limited by Guarantee)

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13 Leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term. Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

Page 25

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

2. Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The following judgements have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 9 for the carrying amount of the property plant and equipment, and note 1.8 for the useful economic lives for each class of assets.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Bad debts

Debtors are regularly reviewed for recoverability, any debts which in the opinion of management are not recoverable are provided for as a specific bad debt.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Page 26

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

3.
Charitable activities
Unrestricted
funds
£
Housing benefit
160,041
Service charges
9,289
Albert Burns Children's Trust
-
Barber Charitable Trust
-
The Brook Trust Fund
-
Children in need
-
Colyer Ferguson
3,936
Garfield Weston
-
Henry Smith
-
Homeless link
-
KCC - other grants
39,100
KCC Supporting People
-
Kent Community Foundation
-
Kent Police and Crime Commissioner
-
Lottery
-
Ministry of Housing
-
Nat West
-
Rising Sun
-
Other grants received
1,000
213,366
4.
Other trading activities
Unrestricted
funds
£
Fundraising
4,189
Shop income
16,008
Training income
4,155
Consultancy income
23,586
47,938
Restricted
funds
£
-
-
7,523
-
40,000
39,974
12,564
25,000
132,225
-
1,807
599,385
4,000
35,218
63,778
12,280
5,000
35,795
25,721
1,040,270
Restricted
funds
£
-
-
-
-
-
Total
2021
£
160,041
9,289
7,523
-
40,000
39,974
16,500
25,000
132,225
-
40,907
599,385
4,000
35,218
63,778
12,280
5,000
35,795
26,721
1,253,636
Total
2021
£
4,189
16,008
4,155
23,586
47,938
Total
2020
£
161,849
10,073
-
5,500
26,518
46,656
-
20,000
35,100
28,462
8,601
605,685
5,957
-
80,791
-
-
3,000
9,889
1,048,081
Total
2020
£
23,576
43,788
5,850
50,840
124,054

Page 27

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021

5.
6.
Analysis of Expenditure
Staff
costs
£
Raising funds
75,567
Charitable activities:
Accommodation based service
298,150
Community services
331,716
Work in the community
332,836
1,038,269
Support costs
Staff training and welfare
IT costs
Office costs
Bank charges
Consultancy
Legal fees
Travel
Other costs
Governance costs:
Merger costs
Auditors remuneration
- Audit of financial statements
- Other audit costs
Direct
costs
£
12,391
128,511
15,464
13,279
169,645
Support
costs
£
6,266
24,633
27,380
27,551
85,830
Total
2021
£
94,224
451,294
374,560
373,666
1,293,744
Total
2021
£
23,502
23,064
7,800
1,068
3,345
1,754
1,516
2,764
11,141
6,180
3,696
85,830
Total
2020
£
81,480
423,218
351,258
350,420
1,206,376
Total
2020
£
15,190
11,860
17,636
1,068
3,000
654
12,129
6,293
897
6,115
5,334
80,176

7. Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

During the year ended 31 March 2021 expenses for travelling and refreshments of £nil (2020 - £42) were re-imbursed or paid directly to Trustees.

Page 28

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021

8. Employees

Number of employees

The average monthly number of employees during the year was:
Administration
Community
Fundraising
Shop
Support worker
Employment costs
Wages and salaries
Social security costs
Other pension costs
2021
no.
11
8
2
1
15
37
2021
£
913,829
77,581
46,859
1,038,269
2020
no.
8
7
3
1
15
34
2020
£
816,201
67,733
33,292
917,226
The number of employees whose emoluments as defined for taxation purposes, The number of employees whose emoluments as defined for taxation purposes, amounted to over amounted to over
£60,000 in the year was as follows:
£60,001 to £70,000 2021
no.
1
2020
no.
1
The total amount of employee benefits received by key management personnel is £205,191 (2020 -
£199,300).
9. Tangible fixed assets Long-term Fixtures
Cost leasehold
improvements
£
and
fittings
£
Total
£
At 1 April 2020 and 31 March 2021 9,310 7,572 16,882
Depreciation
At 1 April 2020 and 31 March 2021 9,310 7,572 16,882
Net book value
At 31 March 2021 and 31 March 2020 - - -

Page 29

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

10. Debtors
Trade debtors
Other debtors
Prepayments and accrued income
11. Creditors: amounts falling due within one year
Trade creditors
Other taxes and social security costs
Accruals and deferred income
2021
£
122,221
18,880
12,211
153,312
2021
£
30,721
20,258
102,643
153,622
2020
£
110,829
35,742
33,938
180,509
2020
£
15,934
17,512
49,445
82,891

12. Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £46,859 (2020: £33,292).

13. Related party transactions

On 17 November 2020 the Charity's trustees approved a merger with Choices (Formerly known as North Kent Women's Aid) Limited. Prior to the merger, which took place on 1 April 2021, Oasis provided management and financial services costing £23,586 (2020 - £50,840). At the year end £14,665 (2020 - £23,136) was owed to Oasis.

14. Operating lease commitment

At the year end the charity had total commitments under operating leases of £54,025 (2020 - £60,025). This relates to a 6 month rolling contract.

Page 30

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

15. Restricted funds
CURRENT YEAR
Joy Parlane Fund
Adult services
Children Services
IT Remote working
Thanet Domestic Abuse Forum
New Building Fund
PRIOR YEAR
Joy Parlane Fund
Children Services
Thanet Domestic Abuse Forum
New Building Fund
Balance at
01 Apr 20
£
2,828
-
67,630
-
1,935
48,434
120,827
Balance at
01 Apr 19
£
2,828
81,362
13,737
25,000
122,927
Income
£
-
731,267
312,990
5,846
-
-
1,050,103
Income
£
-
196,904
-
33,471
230,375
Expenditure
£
-
(698,156)
(336,342)
(5,846)
(1,935)
(5,320)
(1,047,599)
Expenditure
£
-
(210,636)
(11,802)
(10,037)
(232,475)
Transfers
£
-
-
-
-
-
-
-
Transfers
£
-
-
-
-
-
Balance at
31 Mar 21
£
2,828
33,111
44,278
-
-
43,114
123,331
Balance at
31 Mar 20
£
2,828
67,630
1,935
48,434
120,827

Joy Parlane Fund

This fund represents donations received specifically to provide well-being services for Oasis' residents. The fund was originally established with money received from Joy Parlane.

Adult Services

This fund is for providing support, advocacy and accommodation services for the benefit of adults who are affected by domestic abuse.

Children Services

This fund is for providing support, advocacy and mentoring services for the benefit of children and young people who are affected by domestic abuse.

Thanet Domestic Abuse Forum

Oasis is the lead agency within the forum giving support and advice to other agencies. Oasis held the cash on behalf of the forum.

New Building Fund

This relates to a capital appeal run with donations towards a project to acquire new built premises.

IT Remote working

This fund is for enabling IT remote working facilities during COVID-19 enforced lockdowns.

Page 31

OASIS DOMESTIC ABUSE SERVICE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

16. Designated funds
CURRENT YEAR
New Building Fund
Charity Shop
Consultancy
PRIOR YEAR
New Building Fund
Charity Shop
Consultancy
Balance at
New Designations
01 Apr 20 designations
released
£
£
£
186,000
-
-
(23,872)
23,872
-
38,748
-
(38,748)
200,876
23,872
(38,748)
Balance at
New Designations
01 Apr 19 designations
released
£
£
£
186,000
-
-
(22,983)
37,861
(38,750)
(4,029)
56,690
(13,913)
158,988
94,551
(52,663)
Balance at
31 Mar 21
£
186,000
-
-
186,000
Balance at
31 Mar 20
£
186,000
(23,872)
38,748
200,876

New Building Fund

The lease on the current building expired in March 2014. The trustees originally decided that it was within the best interests of the charity to acquire new purpose built premises. Given the high expense involved in this, the charity originally earmarked £260,000 of the unrestricted funds for this purpose. Subsequently this fund was reduced to £186,000 as thought had been given to the lease and carry out a complete refurbishment of the property. However, this may be impractical, so a further review has identified that it may be more cost effective for a planned move to a different premises in the future.

The £186,000 building fund relates to the designation referred to above and the restricted fund relates to a capital appeal run with donations towards this project.

17. Analysis of net funds
Unrestricted
funds
Current year - 2021
£
Current assets
970,567
Current liabilities
(153,622)
816,945
Prior year - 2020
£
Current assets
739,384
Current liabilities
(82,891)
656,493
Restricted
funds
£
123,331
-
123,331
£
120,827
-
120,827
Total
funds
£
1,093,898
(153,622)
940,276
£
860,211
(82,891)
777,320

Page 32