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|||Page|
|---|---|---|
|Reference and administrative
details|||
|Trustees' Report||2-4|
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet|||
|Cash Flow Statement|||
|Notes to the Financial Statements||9-13|
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|S Horne (resigned
on 16"May 2023)|
|---|
|PJarvis|
|N Jones (resigned
on 16' May 2023)|
|A Knight
W Bigwood (appointed
on 21"February 2023)
J Foreman
(resigned
on 7' November 2023)
N de Freese (appointed 20' February 2024)|
|M Sibanda|
|D Wilson (appointed
'Ig' March 2024)
K Ball (resigned
on 31"December 2023)|
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|||||
|---|---|---|---|
|Company S|ecretary|A Wailer||
|Bankers:||National
Westminster|Bank pic|
|||103Church Road||
|||Hove||
|||East Sussex||
|||BN3 2BF||
|Independent|Examiner:|Shona Wardrop C,A.||
|||Chariot House Limited||
|||44 Grand Parade||
|||Brighton||
|||BN2 9QA||
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|OAKS TRUST|||Company|number.
08286100|
|---|---|---|---|---|
|Balance Sheet at 31 August 2023|||||
|||Notes|2023|2022|
||||6||
|CURRENT ASSETS|||||
|Cash at bank and in hand|||55,476|42,608|
||||55,476|42,608|
|CREDITORS - AMOUNTS FALLING
WITHIN ONE YEAR|DUE||( 5,774)|( 8,331)|
|NET CURRENT ASSETS|||49,702|34,277|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||49,702|78,138|
|FUNDS|||||
|Restricted funds||5|49,702|34,277|
|TOTAL FUNDS|||49,702|34,277|
|The company
is entitled to exemption|from audit|under section 477 of the Companies
Act 2006|||
|for the year ended 31 August 2023.|||||
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||||2023||2022||
|---|---|---|---|---|---|---|
|Reconciliation
ofnet movement||in funds to|||||
|net cash flows from operating|activities||||||
|Net movement
in funds|||15,425||(43,861)||
|Depreciation|||||||
|Decrease/(increase)
in debtors|||||||
|Increase/(decrease)
in creditors|||(2,557)||(9,110)||
|Net cash outflow from operating||activities||12,869||(52,971)|
|Capital expenditure|||||||
|Purchase
oftangible
Axed assets|||||||
|Net cash outflow from capital expenditure|||||||
|Increase/(decrease)
in cash in the year||||12,869||(52,971)|
|Reconciliation
ofnet cash flow|to movement||||||
|In net cash funds|||||||
|Net funds at beginning
ofthe year||||42,608||95,579|
|Change
in net funds during
the year||||12,869||(52,971)|
|Nei funds at end ofthe year||||55,476||42,608|
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|||||2023|2022|
|---|---|---|---|---|---|
||||||E|
|Donations|from|churches||45,998|16,513|
|Corporate and
Other donations||local authority
donations
and tax recovered||53,610
36,479|7,139
3'l,432|
|||||136,08||
|||||7|55,084|
|During the Year the following|grants ofE2,000or more were received:|
|---|---|
|West Sussex County Council|67,375|
|Brighton
& Hove City Council|66,600|
|Trussell Trust|E5,000|
|Trussell Trust|F18,000|
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||2023|2022|
|---|---|---|
||F.|6|
|Direct Costs|||
|Direct staff costs|23,618|7,565|
|Other direct costs|89,383|82,904|
||113,001|96469|
|Support costs|||
|Support staff costs|4,789||
|Other support costs|2,892|8,476|
||120,661|98,945|
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||There was no|There was no|key management|key management|personnel|remuneration
during|remuneration
during|remuneration
during|the year|the year|(2022: nil).|(2022: nil).|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The average|number of persons|||employed|by the charitable||company||during||the year|
||was as follows:||||||||||||
|||||||||2023||2022|||
||||||||Number|||Number|||
||Average number|||ofemployees||||1.5|||0.2||
||No employees||had emoluments||in excess|off60,000: nil (2022:|||nil).||||
|5|RESTRICTED||FUNDS||||||||||
||||Balance at||Movement||in resources|||||Balance at|
||1|September||||||||||31August|
|||f||2021|Incoming
6||Outgoing
k||Transfers
8|||2023
6|
|Restricted|funds||||||||||||
|Shoreham|Foodbank|||31,031|45,175||39,316||(10,000)|||26,980|
|Centre Foodbank||||562|28,460||2e,etc||1,500|||1,904|
|Villas Foodbank||||1,532|21,954||23,847||1,500|||1,138|
|Oasis Foodbank|||||20,498||25,968||7,000|||1,530|
|Shoreham|Baby Basics|||1,152||||||||1,152|
|Brighton Baby Basics|||||2,000|||||||2,000|
|Trussell Trust|||||18,000||2,912|||||15,088|
|||||34,277|136,087||120,661|||||49,702|
||||Balance at||Movement||in resources|||||Balance at|
||1|September||||||||||31August|
|||||2021|incoming|Outgoing||Transfers||||2022|
|||6|||F.||6||||8|8|
|Restricted|funds||||||||||||
|Shoreham|Foodbank|||77,686|33,884||80,539|||||31,031|
|Centre Foodbank||||96|12,540||12,074|||||562|
|Villas Foodbank||||356|7,260||6,084|||||1,532|
|Shoreham|Baby Basics||||1,400||248|||||1,152|
|||||78,138|55,084||98,945|||||34,277|
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