Charity registration number 1158195
OASIS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

OASIS
CONTENTS
Pagg
Chairfs statement
Trustees report
Statement of trustees responsibilities
Independent auditorfs report
Statement of financial activities
14-15
Balance sheet
16
Statement of cash flows
Notes lo the financial ststemenls
18-36

OASIS
CHAIR'S STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
A Message from the Chalr
This has been a year of significant Changes for Oasis. Back in June, we held a 'lislening day, where staff. volunteers
and clients shared their experiences and ideas with trustees. Hearing first-hand the passion, commitment, hard
work, shared values and creative ideas of everyone at Oasis was both humbling and exating. It marked the start of
a renewed commitment to connect decisiDn-making with people 'on the ground, and we are now iDurneying together
towards embedding co-production in all we do.
In July, we purchased 69b Splott Road, the building we have leased from the Methodist Circuit since 2014. Thanks
to the Welsh Government Community Facilities Programme, Tudor Trust and Moondance Foundation for their
funding support and making the purchase possible.
We also transitioned to a Charitable Incorporated Organisation ICIOI during the year so our govemance structure
was the most appropriate to our assets and activities.
In August. Reynette Roberts MBE. our Founder and Chief Executive Officer, announced her retirement from her role
after 15 years of inspirational vision and setvice. Vlhat began as a simple droTrin service with three volunteers has
flourished into a vital organisation with a staff of 23, welcoming as many as 200 asylum seekers and refugees per
day, with the help of over 250 volunteers. Reynette's compassion and commitment lo restoring dignity and
belonging lo those Oasis serves is deeply embedded across the whole team. She leaves a strong legacy which we
are excited to carry forward.
In September, Oasis celebrated its 1 5th anniversary, we said goodbye to Reynette and welcomed Tomos Owen, our
Integration Team Lead. as Interim CEO. Tomos has done an incredible job of Carrying us through this lime of
transition. leading the team well and establishing strong foundations for this next chapter. He has led with humility,
deep integrity, openness, kindness and respect, and we are so grateful for all he brings to Oasis.
Following a thorough search we are delighted lo welcome our new perrnanent CEO, Susie Venlris-Field, in April
2024. As Chief Executive of the Welsh Centre for International Affairs, Susie has grown a dynamic team and
developed a broad portfolio of work and brings with her a wealth of experience. Crucially, Susie shares our values
and culture and a passion for Wales, vision of Sanctuary.
The board of trustees has also been changing. Alison Yandall, our new Treasurer, joined us in April, and has been
working closely with Helen Verily, who joined us as Chief Operating OffI￿r early in 2023, to ensure our systems are
robust and our financial position is secure. Finally, we are delighted to welcome a new Chair in April 2024. Sally
Jones-Evans brings to the board 30 years of general management and business experience, and 10 years,
experien￿ of board and charity governance in the private, public and not-for-profit sectors. Her passion for tackling
injustice, and her calm, confident leadership style will be a significant asset to Oasis.
The board of Iruslees would like lo thank our funders and supporters for making this work possibl& Above all, our
deepest thanks lo our staff and volunteers your unwavering passion and hard work through limes of uncertainly in
this year of enormous transition has been remarkable. Thank you for all the amazing work you do lo wpport people
seeking asylum, offering a warm Welsh welcome. and making 'San¢luary Nation. a bil more of a reality each year.
Becky Matyus,
Chair of Trustees

OASIS
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual report and financial statements for the year ended 31 December 2023.
The financial slalemènts have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the ¢harily's goveming document, the Charities Act 2011 and "Accounting
and Reporting by Charities." Slalemenl of Recommended Practice applicable lo charities preparing their accounts
in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective 1 January 20191"
ObJectlv&s and actlvltles
Introduction
For a more visual representation of 2023, our Im
Our Vision
To provide a warm Vvelsh welcome to asylum seekers and refugees.
Our Mls$lon
To help asylum seekers and refugees integrate into their local and wider Welsh communities.
Our Values
At Oasis we..
Engage
We are a welcoming community who value empowering and restoring the dignity of every individual, helping
them lo flourish in Wales.
Involve
We look lo co-produce and co-deliver our activities and services wth clients and provide a safe Spa￿ for
them lo build community and networks of support.
Integrate
As a Nation of Sanctuary, Wales welcomes asylum seekers and ￿fUgeeS who enrich our communities wth
their diverse skills, cultures and languages.
Our pernianent home
We were thrilled to purchase 69b Splott Road as our permanent home this year, thanks to the Welsh
Government, Moondance and Tudor Trusll
Owning the building gives u5 an opportunity lo plant roo15, enhance the building to beneff( our clents, and lo
make our operations more sustainable and environmentally friendly.
We carried out a sutvey with 54 of our service users...
96% said Oasis feels like a community
89.fi said the building is very inviting

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achlevements and perfom)ance
What a year it's beenl We are so grateful lo everyone who helped make 2023 a success.
January." Oasis opens as a warm space on Saturday mornings - offering soup and a cuppa to our clients
and neighbours.
February. We won the He8￿h & Well-Being award for Mind-spring al the Cardiff Life Awards.
March.. We held an Open Day, welcoming our community to Celebrate our impact in 2022.
March.. Oasis celebrated Nowruz in collaboration with Welsh National Opera.
April.. Natacha rLJns the London Marathon. raising £1.500 for Oasis
May.. Oasis raises money for Mind-spring dLJring Mental Health Vveek, doubling donations with the help
of The Big Give.
June.. Cawryn Ellis, The Gentle Good and Parisa Fouladi play a gig al C￿b Ifor Bach in Refugee Week.
July." Oasis food trailer at Ta￿1 and Our Lens, Our Story exhibition al The Old Library in collaboration
with
ffoto
and
Menlercaerd dd
August". Wlh the support of the Welsh Govemment, we buy our buildingl
August." Greenman festival
September.. We celebrate our 15th anniversary
October.. Cardiff Marathon. Secret Garden Takeover
November.. Oasis is part of the Ci>op Local Community FLJnd
December.. Our Christmas Imsh campaign beats its target
Journey through Oasis
Take a journey through Oasis lo understand the wide-ranging support, services and activities we offer to aS￿uM
seekers and refugees al every point in theirjoumey through the asylum process.
Arrlval at Oasls
In 2023, we welcomed over 3,500 asylum seekers and refugees lo Oasis wth a wami Welsh welcome.
Every new arrival is welcomed by a dedicated Reception volunteer. Visitors meet one of our Triage Officers who
play a pivotal role in carrying out a basic needs assessment to assess the most appropriate assistance required
and begin signposting clients lo ServI￿S and support available al Oasis.
We can provide emergency support or advocate on behalf of people facing issues with housing or finance.
Where appropriate, we engage with other agencies lo ensure our clients receive the necessary support.
Case study
'1 became an asylum seeker in November 2018. 1 foun(l out about Oasis a few weeks later Ihmugh Mwant Help.
I was living a sha￿d house and I was really sI￿ggling with the k￿S and had no place to go for anything. I
didn't know anyone.
I started coming lo Oasis and went to the Women's groups, the English classes and [an Oasis staff member]
helped me to enrol at Cardiff and Vale College. l enjoyed conving for a cup of coffee and lo relax, I believed the
people ther8 f&lt for me, they understood wh&re I came from and they underslood my troubles. Oasis cfftated a
fabulous community formy kids lo play, lo blend, somewhere they could belong.
Oasis helped me lo see that lin not an ext￿ in this place, lin not a useless pe￿￿, you just need to be
persistent.
Oasis gave me confidence lo start a new Ca￿er and start a new job. I would encourage anyone who can help
with doi?alions or funding or volunteenng al Oasis to help because asylum seekers need places that give us a
point to start with, to integrate, lo feel home, to feel safe and unjudged, whatever their background, whatevei
they are suffering, whatevertheir id&nlNty. It's a place lo be 'you' and f&el love and acceptance.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Gettlng Settled
Arriving in a new country and not knowing the systems in place to access support can be overwhelming and
challenging, particularly with a language barrier. Navigating processes - how to pay bills, the education and
health care systems. and a￿Ssing employment
carries an added element of difficulty. We help people
seeking sanctuary integrate into life in the UK wth a wide range of support services.
casewo￿ support..
A critical part of our work is sirnply to listen, and then advise and support asylum seekers on integrating in the
UK.
Our Integration caseworkers specialise in one-t¢>one support on a variety of complex issues - enrolmenl in
schools. access to medical care. solicitors and legal support, and help with finance and budgeting. During 2023,
we delivered casework support for 1,100 people across 3,945 appointments.
Parenl and Child Joumey
Our Families Triage OffI￿r at Oasis runs the Parent & Child Journey project lo empower and support families as
they navigate the complexities of settling In the UK. This four-week program is led by someone with lived
experience of seeking asylum, and focuses on communicab.on skills and play techniques. Parent5 are
familiarised with children's rights in the UK, which can differ significantly from their home country, and enhances
the well-being and welfare of the parent and child. In a re¢enl survey of 32 participants, 1000kn found the project
beneficial, noting improvements in Confidence and a heightened sense of connertion within their family.
English classes at Oasis..
Language is key to integration in the UK, and al Oasis we run daily drop-in classes that cater to all levels. Every
week we offer 25 hours of free classes in English and Welsh. Classes are infomial and address learnws, real-lrfe
experience and needs, improving language skills, cultural understanding and confidence. As safe Spa￿5, our
language classes allow for open discussion on a range of topics, from housing lo finan￿5, building vital social
bonds among newcomers.
Case study
In January 2023, Amir (name changed) was assessed by REACH as Pre-Entry and was told he could not start
college until September. Instead, he came regularly to Oasis classes. Prior to his college course, Amir was
reassessed by REACH as Entry 2, effectively skipping levels that would have taken two years to o)mplete.
Amir attributes this lo the'friendly, nature of Oasis, ESOL provision that encourages authentic communication.
Mental Health Support
Seeking sanctuary Can be an incredibly isolating and difficult process. We take a proactive approach, addressing
the mentsl health challenges that asylum seekers face by connecting individuals with resources lo empower and
equip them with the necessary tools lo acclimalise lo life in the UK and cope ¥Mth the challenges Ih&y
experience.
Mind-spnng..
Mind-spring is a 7 week group course designed to increase awareness of the psychological pro￿sseS around
trauma. Participants develop a sense of personal autonomy and learn effective coping mechanisms to deal wf(h
the challenges they face.
The strength of Mind-spring is rooted in ils development and delivery by refugees and asylum seekers, making il
a highly innovative programme. Topics remain pertinent lo the specific challenges migrant communities face and
each cohort is run in the mother tongue of each group- currently available in 11 languages.
In 2023, we worked in partnership with other organisations to develop an effective way to evaluate the impact
and success of the Mind-spring programme. Using the NHS Patient Health Questionnaire IPHQI and WHO-5
Wellbeing Index, we can track the mental health of participants and determine outcomes, comparing their
responses at the beginning and end of the programme and thus determining Its impact. In 2023 we fa￿ll￿ted 12
cohort5 in 8 languages, supporting 113 sanctuary seekers wth their mental health and welkbeing.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
From survey data, 360k of participants fell 'cheerful and in good spirits, all or most of the time prior to taking part
in Mind-spring,. after the programme, this increased lo 650kn who fell 'cheerful and in good spirV(s' al or most of
the lime.
The D￿￿￿erS..
This co-produced project aims to support young people with their mental health through discussion groups and
advisory panels lo explore the issues they face. In 2023, the project engaged with 116 people aged 16 to 25,
including a number of Unaccompanied Asylum Seeking ChilLlren IUASCI. We collaborated with public and third
sector organisalions and NHS departments including Ffologallery, Museum Vwales, Flatfotm, Cardiff Council,
Cardiff University, Mess Up The Mess, Princes Trust and the NHS DHI Department.
Houslng Support
Thrive at Home aims to help refugee families settle into their new home, increase access to support ServI￿S and
facilitste their integration. Secure and sustainable housing plays a critical role in the overall well-being and
successful settlement of refugees. C{￿production is a key element, as an individual's experiences informs the
housing support services provided by Oasis. This includes housing workshops, drop-in advice sessions, and
improved referral pathways with organisalions such as Speakeasy Advice Centre and Welsh Refugee Council
Move On Services.
Case Study
Layla Iname changed) was referred to the Housing Officer al Oasis. She had recently had a baby, her fourth
child, and was complaining about back pain. In conversation with Layla, we leamed that due to their recently
granted refugee status and low income, the family were unable to afford a bed and were sleeping on an
uncomfortable mattress on the floor, which aggravated her back pain.
As refugees on low income, Layla and her husband are enliued to a Discretionary Assistance Fund IDAFI from
the Welsh Government. The fund aims lo help families obtain essential furniture. Our Housing Officer, Deena,
helped Layla lo submit a DAF application. In less than a month the couple had a new bed and her sleep and her
overall well-being has improved. Layla is very grateful for the support provided by Oasis.
Volunteering Opportunitias
We are thankful for our loyal pool of volunteers who offer over 400 work hours to Oasis every week Their
extraordinary commitment enables us lo deliver a wider range of services and projects. We welcome over 280
volunteers, many of whom have lived experien￿ of the asylum process. Volunteering enables our clients to grow
in confidence, learn new skills, Improve their English and build relationships with the local community. Their
contribution makes Oasis the place it is.
Recognising the pivotal role our volunteers play, we encourage their involvement in shaping the ongoing
development of Oasis. Participation in meetings fosters a sense of belonging, ownership and Collaboration. Our
Volunteer Coordinator. holds regular events and monthly raffles, with opportunities for volunteers to connect and
contribute to Oasis. This sense of community is vital to the Suc￿sS and atmosphere of Oasis.
A leslament to our commitment to ex￿llen￿, Oasis achieved the WCVA Investing in Volunteers Qualty
Standard in 2023. This milestone reflects the value we place on volunteering and ensures people know the
impact their contribution makes to our work.
'Th8 fi￿1 place that helped lo improve my mental health since anFving in Cardrff was Oasis. The fi￿1 m&mb8r ol
staff I mel made me feel $0 welcome. Oasis is an amazing place and l always fe81 beller after I'v& been there. I
now feel part of a community and when l am walking in Cardiff l am greeted by people from Oasis, I feel I have
started to make friends. Reception volunteer at Oasis
Food at Oasis
Every weekday we serve a nutritious lunchtime meal lo asylum seekers and refugees through our project, The
Plate. This plays a pivotal role in relieving financial hardship and offering consistent support for people. We also
provide exira meals to client5 who lack cooking facilities and face destitution or financial challenges.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Our kitchen team is fully trained in the preparation of healthy, cost-effeclive meals, continually exploring recipes
within our food budget while maintaining nutritional value, safety and hygiene.
Our unique kitchen environment appeals to individuals, both locally and from our client group, who support Oasis
through a shared love of food. Meaningful relationships have flourished bebNeen people who may not have
crossed paths before meeting in the kitchen. It's a safe space for volunteers lo learn about the people behind the
label asylum seeker and ￿fUgee and allows for understanding and awareness built on kindness - and cooking
togetherl
The escalating cost of ingredients posed a significant challenge lo our lunch service this year. sought food
donations from our local community, foodbanks and allolmenls across Cardiff. Receiving an abundance of
vegetable donations has allowed our kfcchen team to prepare healthy and cosl-effective meals.
While The Plate came to an end in 2023, we are excited to launch our new kitchen project, plat Mawr. Covering
many of the same aims, Plat Mawr will continue lo provide a daily weekday meal to people seeking sanctuary but
will also introduce cookery workshops. These will equip our clients with the knoTMedge lo cook nulrilious meals
on a budget using a variety of equipment, and bridge language barriers that might pose an issue when food
shopping.
Of 66 clients surveyed, 79% said that receiving a lunchtime meal al Oasis helps them with the rising cost
of food.
39,873 meals served in 2023.
Case Study
Rita first came to Oasis as an asylum seeker, and soon began volunteering in the kitchen. When she initially
came to Oasis, she was struggling with her mental health.
The kitchen team supported and encouraged her to come to Oasis and meet people, rather than being isolated
al home.
Rita is passionate about helping people in need. As a member of the Plate team at Oasis, seeing clents enjoying
the food she prepares helps wth her sense Df well-being and self-confidence.
As soon as Rita gol her slalus and was eligible to work, she joined the team as a Kitchen Assistant. She shares
dishes and flavours from her culture, Including her famous jollof rice. Rita says 'Volunleering [al Oasis] prepared
me for the futu￿ by leaching a lol of things, like hokv lo handle the kitchen. I leamed how lo talk to people and
approach people. 118amed about cultural expectations in the LIK.,
OurThanks
Our funders enable us to offer meaningful, holistic and consistent support to refugees and asylum seekers
across Wales. We owe you all a heartlelt Thank You for your support of our work.
Tudor Trust
Nationwide
The National Lottery
Welsh Government
People's Posl¢ode Lottery
Garfield and Weston
AB Charitable
Oak Foundation
Community Foundation Wales
Comic Relief
Moondan
Heritage Lottery Fund
Migrant Help
And to our funders that wish lo contribute qui811y.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Our 88 regular donors provide consislenl generosity and support. Your donations make a difference lo the lives
of people seeking sanctuary. Your support is invaluable.
Collaborating with our creative and innovative partners continues to strengthen our provision of engaging
services and activities and enhances their quality and impact.
Looking ahead
We are excited for the year ahead and look forward lo welcoming our new CEO, Susie Ventris-Field in the
Spring. Susie is passionate about helping Vwales become a Nation of Sanctuary and helping Oasis in the next
stage of our journey.
.1 f881 incredibly privileged and 8xciled to join lh8 team al Oasis. l am looking fonvard lo listening, leaming and
C￿CreatIng a St￿tegY that builds on all the slrengfhs Oasis already has so we can continue to support cunEllt
and futu￿ clients an(1 play a part in making sure Wales is tmly a nation of sanctuary.. Susie Ventris-Field
At such a crucial Iransilion, Oasis will be working wth key stakeholders lo run a multilingual consullalion to
develop our strategy, which we hope will meet the needs of our present and future dients. Cc>produclion is
essential lo ensuring the views of people seeking sanctuary are at the heart of our organisational growth and
development. Operating as a frontline regional charity, we are hopeful that the strategy will infomi how we can
effectively hamess our influence on a national scale lo shape syslemalic change.
Here's to a brilliant 2024 of growth where we continue to bLJild and develop our relationships within our
community. As always, we will endeavour to remain a warm and welcoming space for asylum seekers and
refugees, empowering and restoring the dignity of individuals seeking sanctuary.
Flnanclal rovlew
The nel surplus for the year was £388,273 12022.. £33,384 deficit). Unrestricted funds showed a surplus of
£2,37512022." £31,660 dttficitl, with restricted funds showing a surplus of unspent funds received in the year of
£85,89812022. £1,724 deficill.
The funding of £300,000 from Welsh Government for the purchase of the bLJilding, and £20,000 from Tudor Trust
received towards the cost of purchasing the building has been classified as a restricted capital fund in the year.
Unrestricted funds at the year-end are showing a deficit position of £61,22512022.. £63,600 deficit).
The charity has carried forward into 2024 reslricled revenue funds of £228,785 12022.. £142.8871 to enable the
charity to continue activities as described in note 20.
Risk Management Policy
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in
place lo mibgale exposure to major risks. A Risk Management Policy outlines the charity's overall approach to
managing risk. As part of this, the Risk Register is reviewed at every Finance and Risk Committee Meeting and
Trustee meeting.
Reserves Policy
The TrLJStees have set a policy with a medium-temi goal to hold an unrestricted reserve suificient to restructure
or dissolve the Charity in the event of an unexpected loss of income, or inability to balance our income and
expenditure. On the basis of our current operating CDSts, the target reserves policy is sel al £85,665 of
unrestricted reserves. The Trustees recognise that they do not hold unrestricted reserves to this value al present,
and have sel a plan with senior management lo advan￿ towards f( al pace.
The Reserves Policy is reviewed annually as a minimum and more regulady should circumstances require Ifor
example, an increase or decrease in our annual turnover, or any material change in our activities).
This Reserves Policy was reviewed, updated and approved by the Oasis Trustees on 9 August 2024, in line with
guidance by the Charity Commission.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure, gov8rnanca and management
Organisational structure
The charity Icharily number 11581951 is a Charitable Incorporated Organisalion and is controlled by its governing
document. The CIO was registered on 8 August 2014. On 31 July 2023 the assets, liabi￿leS and activities were
transferred into the CIO from the previous unincorporated trust (charity number 11313061.
Recruitment and appointment of trustees
Trustees are appointed at a general meeting., the members of the charity may, by ordinary resolution, appoint a
ttuslee or the Iruslees may appoint a trustee themselves.
A trustee is appointed and holds office until the next Annual General Meeting. If not re-appointed at the AGM they
should then vacate office. New Iruslees are given an induction lo the organisation and their responsibilities.
Key Management Personnel
The key management pèrsonnel are considered lo be the the CEO and Deputy CEO. Trustees receive no
remuneration.

OASIS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Reference and Admlnlstratlve Detslls
Charlty Name
Oasis
Charty Number
1158195
Trustees
The trustees who served during the year under review and since the year end were as follows..
Sally Jones-Evans- appointed 29 February 2024
Alison Yandall appointed 20 April 2023
Ewen McAlpine
Rebecca Matyus
Michael Ash-Edwards
Hani Shadad
Dr Eleanor Morgan
Prln¢lpal Offlce
69B Sploll Road
Cardiff
CF24 2BW
Auditors
Azels Audit Services
Ty Drew
Lime Tree Court
Cardiff Gale Business Park
Cardiff
CF23 8AB
Bankers
Sanlander
Customer Service Centre
Bridle Road
Boolle
Merseyside
L30 4GB
Key Management Personnel
Mrs R Roberts MBE- CEOIDireclDr to September 2023
Mr R Eynon- Deputy CEO to December2022
MrT Owen- Interim CEO from September 2023, Deputy CEO from March 2024
Ms S Venlris-Field- CEO from March 2024
The trustees report was approved by the Board of Trustees.
A Yandall
Dated..
12 September 2024

OASIS
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Iruslees are responsible for preparing the Trustees Report and the financial stslements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view Df the slate of affairs of the charity and of the incoming resources and
application of resources of the charity for that year.
In preparing these financi81 stslemenls, the trustees are required to".
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable accounting stsndards have been followed, subject lo any material departures disclosed
and explained in the financial statements", and
prepare the financial stslements on the going concern basis unless il is inappropriate to presunE that the charity
will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them lo ensure that the financial statements comply wth the
Charities Act 2011, the Charity IAccounls and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
10-

OASIS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF OASIS
Oplnlon
We have audited the financial statements of Oasis (the 'charity'l for the year ended 31 December 2023 which
comprise the statement Df financial activities, the balan￿ sheet, the statement of cash flows and notes to the
financial stslemenls, including significant accounting policies. The finanaal 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 the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Practice).
In our opinion, the finanei81 slatemenls".
give a true and fair view of the slate of the charity's affairs as at 31 December 2023 and of its incoming
resources and appli¢alion of resources. for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.,
and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorts ￿spOnSIbl1rt1eS for the audit ol
the financial slalements section of our report. We are independent of the charity 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 obtsined is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial slatemenls, we have concluded that the trustees use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material Un￿rtaIntieS relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial slalements are authorised for issue.
Our responsibilities and the responsibilities of the trustees wth respect lo going concern are described in the
relevant sections of this report.
Other inforniation
The other information comprises the information included in the annual report other than the fina￿la1 statements
and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual
report. Our opiniDn on the financial statements does not cover the other infomialion and we do not express any fomi
of assurance conclusion Ihereon. Our responsibility is lo read the other Information and, in doing so, consider
whether the other Information is materially inconsistent wth the financial slalements or our kn￿edge obtained in
the course of the audit, 01 otherwise appears to be materially misstated. If we identify such malerral Inconsi51encies
or apparent material misstslemenls, we are required lo determine whether this gives rise lo a material misstalemenl
in the financial stslemenls themselves. If, based on the work we have performed, we conclude that there is a
material misstslement of this other information, we are required lo report that fact.
We have nothing to retx)rt in this regard.
Matters on which wg ar& requirod to report by 8xception
We have nothing to report in respect of the followng mallers in relation lo which the Charities (Accounts and
Reports) Regulations 2008 require us lo report lo you if, in our opinion..
the infomiation given in the financial ststemenls is inconsislenl in any material respect with the trustees
report., or
sufficient accounting records have not been kept,. Dr
the financial slalements are not in agreement with the accounting records.. or
we have not received all the information and explanations we reqLJire for our audit.

OASIS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF OASIS
Responslbllltles of trustees
As explained more fully in the staternent of trustees responsibilities, the trustees are responsible for the preparation
of the finanaal statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees delemiine is ne￿SSary to enable the preparation of financial statements that are free from material
misslalement, whether due lo fraud or error. In preparing the financial stalemenls, the trustees are responsible for
assessing the charity's ability lo continue as a going concem, disc105ing, as applicable, matters related lo going
concern and using the going concem basis of accounting unless the Iruslees either intend to Cease operations, or
have no realistic altemalive but to do so.
Auditorfs responsibilities for the audit of the financial statements
We have been appointed as auditor under se¢lion 144 of the Charities Act 2011 and report in accordan￿ ¥Mth the
Act and relevant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are free from
material misstatement, whelher dLJe to fraud or error, and to iSSLJe an auditorfs 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 IUKI will always detect a material misslalement when it exists. Misstatements can arise from fraud or
error and are considered material rf, individually or In the aggregate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis of these financial slatemenls.
A further description of our responsibilities is available on the Financial Reporting Council's website al.. https.'Il
www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report.
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, Induding fraud, are instances of non-compliance with laws and regulations. We design procedures in
line wth our responsibilities, outlined above on the Financial Reporting Council's website, lo delect material
misslalements In respect of irregularities, including fraud.
We obtain and update our understanding of the enlily, its activities, ils control environment, and likely future
developments, including in relation lo the legal and regulatory framework applicable and how the entity is ¢omplying
with that frameworf(. Based on this understanding. we identify and assess the risks of material misstatement of the
financial stslements, whether due to fraud or error, design and perfomi 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 lo 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 induded".
Enquiry of management and those Charged with governan￿ around actual and potential litigation and
claims as well as actual, suspected and alleged fraud.,
Reviewng minutes Df meetings of those charged with governance.,
Assessing the extent of compliance with the laws and regulations considered to have a direct material
effect on the financial statements or the operations of the enlily through enquiry and inspection,.
Reviewing financial statement disclosures and testing to supporting documentation lo assess compliance
with applicable laws and regulations",
Performing audit work over thè risk of management bias and override of controls, including testing of
journal entries and other adjustments for appropriateness. evaluating the business rationale of significant
Iransa¢lions outside the normal course of business and reviewing accounting estimates for indicators of
potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not delect all irregularities, including those
leading to a material misslalement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance wlh a law or regulation 15 removed from the events and transactions reflècted
in the financial stalemenls, as we will be less likely lo become awarè of Instances of norpcomplian¢e. 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, misrepresentslions, or the override of intemal control.
12-

OASIS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF OASIS
Other matters
Under the Charities Act 2011, the charity was exempt from audit for the year ended 31 December 2022. As a
consequen￿, the financial statements of the charity for the year ended 31 De￿mber 2022, which form the basis for
the corresponding figures presented In the current period's finanaal stalemenls, were unaudited. For the year
ended 31 De￿rnber 2023, the trustees were no longer able lo lake advantsge of the exemption from audit available
under the Charitie5 Act 2011.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting
and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" las
amended) in preference lo the Accounting and Reporting by Charities." Slalement of Recommended Practice issued
on 1 April 2005 which is referred lo in the extant regulations bul has now been withdrawn.
This has been done in order for the finanryal slalements lo provide a true and fair view in accordance with current
GenerallyAccepled Accounting Practice.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities IAccounls
and Reportsl Regulations 2008. Our audit work has been undertaken so that we might stale lo the charity's trustees
those matters we are required to slate lo them In an auditor'5 report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's
trustees as a body, for our audit work, for this report, or for the opinions we have fomied.
Aw hthF
17 September 2024
Azets Audit Services
Charter9d A¢¢ountsnts
statutory Auditor
Ty Derw, Lime Tree Court
Cardiff Gate Business Park
Cardiff
United Kingdom
CF23 8AB
Azets Audit Services is eligible for appointment as auditor of the charity by virtue of ils eligibility for appointment as
auditor of a company under of section 1212 of the Companies Act 2006.
13-

O)
0>
O¢DfknO
¢D

OASIS
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Flxgd assets
Tangible assets
14
327,932
37,247
Current assets
Debtors
Cash at bank and in hand
15
47,043
217,989
103,225
140,139
265,032
243,364
Creditor$: amounts falllng dug wlthln
one year
16
1109,1811
1181,1571
Net current assets
155,851
62.207
Total assets less current Ilabllltles
483,783
99,454
CredFtors: amounts falllng due after
more than one year
18
116,2231
120,1671
Not assets
467,580
79.287
Income funds
Restricted funds- general
Restricted funds- Caprtal Funds
Unrestricted funds
20
21
228,785
300,000
161,2251
142,887
163,6001
467,560
79,287
The financial statements were approved by the Trustees on .
12 September 2024
A Yandall
Trusta8
16-

OASIS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from opgratlng actlvltlgs
Cash generated from operations
25
79,079
106,295
Investing activities
Restricted capital funding
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
Investment income received
300,000
1300,0001
12,0091
1,126
378
Net cash generated fromllused inl
Investing activities
378
18831
Financing activities
Repayment of bank loans
11,6071
Net cash used In flnanclng actlvltles
11,6071
Net increase in cash and cash equivalents
77,850
105,412
Cash and cash equivalents at beginning of year
140,139
34,727
Cash and cash equivalents at end of year
217,989
140,139
17-

OASIS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
Charity infomiation
Oasis is a charitable incorporated organisats'on. The principal Offi￿ is 69B Splott Road, Cardiff, CF24 2BW.
1.1 Accountlny conventlon
The financial statements have been prepared in accordance wth the charity's goveming document, the
Charities Act 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts In accordance with the Financial Reporting Stsndard
applicable In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" The charity is a Public
Benefit Entity as defined by FRS 102.
The financial slalements have departed from the Charities (Accounts and Reportsl Regulations 2008 only lo
the exlenl required lo 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 lo in the Regulations bul which has since been withdrawn.
The financial stslemenls are prepared in sleding, which is the functional currency of the charity. Monetary
amounts in these financial stslemenls are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are sel out below.
18-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
Morygr accounting
The financial statements represent the combined finanaal position of Oasis Cardiff (Charity Number 11313061
and Oasis (Charity Number 11581951.
On 31 July 2023 the assets, liabilities and operations of Oasis Cardiff were transferred into Oasis. In
accordance with the SORP, as the conditions of this ieconslruclion being Irealed as a merger were mel, the
principles of merger accounting have been adopted lo account for this Iransaclion.
Current Reporting Period
Oasis Cardiff
Pre-merger
Oasis Pre.
Merger
Oasis
Post-merger
Total
Total Income
Total Expenditure
Nel incomellexpenditurel
Other gainslllossesl
Net movement in funds
1,071,680
628,930
442.750
406.817
461,293
154,4771
1,478,497
1,090,223
388,273
442,750
154,4771
388,273
Previous Reporting Period
Oasis Cardiff
Oasis
Total
Total Income
Total Expendiluie
Net incomel
ex
enditLJre
Other gainslllossesl
Net movement in funds
977.344
1,010,728
33.3841
977.344
1,010,728
33.3841
133.3841
133.3841
Total funds brought forward
Total funds carried forward
112.871
112,671
112.871
112,671
Ana
sis of net Assets at the date of Me
er
Oasis Cardiff
Oasis
Total
NetAssets
522,037
522,037
Represented by-
Unrestricied Funds
Reslricled Capital Funds
Restricted Funds
43.015
300,000
179.022
522,037
43.015
300,000
179.022
522,037
Total Funds
19-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
1.2 Golng ¢oncgrn
Trustees are aware of the current deficit on unrestricted reserves however plans are ongoing lo address this
wth 2024 results to dale and 2025 projections indicating improved performance. Increased levels ol
fundraising and sound financial management underpin future plans lo reduce this deficit.
Al the time of approving the financial slalements. the Iruslees therefore have a reasonable expectation that
the charity has adequate resources lo Continue in operational existence for the foreseeable ftjlure. Thus the
trustees continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are funds which are available for use at the discretion of the charity's members in
furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor. These funds are for
use in a particular area or for specific purposes, the use of which is restricted to that area of purpose.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance condity'ons have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless perfomiance condrtions require deferral of the amount. Income lax recoverable in
relation to donations receivèd under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on receipt or otherwse if the charity 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.
Incoming resources from charitable activities includes income received under contract or where enlillemenl lo
grant funding is subject lo specific performance conditions. This income is recognised as the ￿lated sèrvices
are provided and there is enlillement, probability of receipt and the amount can be measured with sufficient
reliability. In¢ome is deferred when the amounts received are in advance of the perfomiance of the service or
event to which they relate.
1.5 Expenditure
Expenditure is re¢ognised once there is a legal or constructive obligation to make a payment to a third party, il
is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure on charitable activities includes all costs relating to the furtherance of the charitys objectives as
slated in the trustees report and their associated support costs.
Suptx)rt cost5 have been allocated between governance costs and other support. Support costs included
central functions and have been allocated lo activty cost categories on a basis consislenl with the use of
resources.
Governance costs Comprise all costs involving public accountability of the charity and ils compliance with
regulation and good practice.
-20-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
1.6 Tangibl8 fixad assets
Tangible fixed assets are inf(ially measured al cost and subsequently measured al cost or valuation, net of
depreciation and any Impairment losses.
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..
Land and buildings
Fixtures and fittings
Motor vehicles
Land not depreciated. Buildings 2°A straight line basis
250/0 reducing balance
25Qh reducing balance
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 the statement of financial activities.
Freehold Building depreciation - no depreryalion will be Charged in the year of acquisition, and a full yeaff s
depreciation will be Charged in the year of disposal.
Items purchased over a value of £1,000 are capitalised. Below this level the items are expensed through the
income and expenditure account.
1.7 Impairment of fixed assets
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 impaimient loss. If any such indication
exists, the recoverable amount of the asset is eslimaled in order to determine the extent of the impaimienl
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowings in current liabilities.
1.9 Financial instruments
The charty has elected to apply the provisions of Section 11 'Basic Financial InstTuments' and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becomes paty lo the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention lo sellle on a net
basis or lo realise the asset and setue the liability simultaneously.
BasiTC 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 al amortised cost using the effective
interest method unless the arrangement constitutes a financing Iransaclion, where the transaction is
measured at the present value of the future receipts discounted at a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
21

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are settled, or when the charity transfers the financial asset and subslanlially 811 the risks and rewards of
ownership to another enlily, or rf some significant risks and rewards of ownèrship are retained bul control of
the asset has transferred lo another party that is able lo sell the asset in its entirely lo an unrelated third paty.
Basic financial liabilitses
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 al a market rale of interest. Financial liabilities classified as payable
thin one year are not amortised.
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 al
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognltlon of flnanclal Ilabllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or are dis¢harged or
cancelled.
1.10 Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs
are required lo be recognised a5 part of the cost of stock or fixed assets.
The cost of any unused holiday enlidemenl is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide termination benefits.
1.11 Ratiroment bgnefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Taxation
As a registered charity, Oasis Cardiff is enlilled lo the exemption from laxalion in respect of income and
Capital gains received writh sections 521-536 of the Income Tax Act 2007 and section 256 of the Taxation of
Chargeable Gains Act 1992 to the exienl that these are applied lo ils charitable objects purposes only.
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting policies, the Iruslees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
Sour￿$. The eslimales and associated assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
-22-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Donatlons and legacles
Unrestricted Unrestricted
funds
funds
2023
2022
Donations and gifts
Grants re￿1vable for core activities
89.259
62,500
57,775
125,000
151,759
182,775
Donations and gifts
Donations
Gift aid
83,312
5,947
56,195
1,580
89,259
57,775
Grants receivable for core activities
The Tudor Trust
62,500
125,000
62,500
125,000
-23-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Charltable actlvltles
Charitablg Charitablg
Income
Income
2023
2022
Grants
Support services income
Rentsl income
1,160,805
60,864
31,821
570,135
138,045
27,162
1,253,290
735,342
Analysis by fund
Unrestricted funds
Restricted funds - Capitsl Funds
Restricted funds- general
341,203
320,000
592,087
294,680
440,662
1,253,290
735,342
Grants
Big Lottery
Comic Relief
Nationwide Building Society
HL Blancott
MOOndan￿ FoLJndation
BL Mind our Futurès
Communty Foundation in Wales
Oak Foundation
Tudor Trust
Welsh Government
Other
102,681
54,000
101,077
24,829
25,000
183,422
72,212
96,398
60,000
72,325
24,788
85,417
20,000
300,000
277,582
231,207
1,160,805
570,135
Other tradlng actlvllles
Unrestrlcted Unrestrlcted
funds
funds
2023
2022
Website sales
Catering income
755
63,908
1,041
51,863
Other trading activities
64,663
52,904
-24-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Investments
Unrestricted
funds
Total
2023
2022
Interest receivable
378
Other income
Unrestricted Unrestricted
funds
funds
2023
2022
Miscellaneous income
8,407
6,323
-25-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
8 Charltable actlvltles
2023
2022
staff costs
Depreciation
Staff travel
Staff training
Legal and professional fees
Food provisions & other provisions
Project expenses
Professional and ¢onsullancy project costs
Bad debts written off
Staff welfarè
English language teaching costs
614,044
1,482
8.152
7,634
19,545
651,421
1,976
11,915
21,097
2,515
135,720
43,139
2,532
118
40,218
57,173
31,318
142
41,557
872,585
819,114
Share of support costs (see note 101
Share of governance costs Isee note 101
129,714
29,831
123,774
24,691
1,032,130
967,579
Analysis by fund
Unreslricled funds
Restricted funds - Capitsl Funds
Restricted funds- general
524,214
20,000
487,916
526,763
440,816
1,032.130
967.579
Raising funds
Unrestricted Unr9Stricted
funds
funds
2023
2022
Goods sold including catering costs
58,094
43,149
58,094
43,149
-26-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Support costs
Support Governance
costs
costs
2023
Support Governance
costs
costs
2022
Depreciation
Rent
Light & heat
Insurance
Telephone & IT services
Stationery & postage
Premises repairs &
maintenance
Irrecoverable VAT
Miscellaneous Costs
Subscriptions
ProfiVLoss on sale of
fixed assets
7,833
14,192
38,839
4,799
7,347
2,924
7,833
14,192
36,839
4,799
7,347
2,924
10,258
18.303
12,442
5,343
9.849
6,332
10,258
18,303
12,442
5,343
9.849
6,332
22,926
17,912
8,334
8,884
22,926
17,912
6,334
8,884
38,320
11,321
4,159
10,180
38,320
11,321
4,159
10,180
12761
12761
12,7331
12,7331
Book keeping and
accountancy fees
Independent examiners
fees
Audit fee5
17,831
17,831
18,341
18,341
6,350
6,350
12,000
12,000
129,714
29,831
159,545
123,774
24,691
148,465
Analysed bett￿een
Charitable activits'es
129,714
29,831
159,545
123,774
24,691
148,465
Governance costs indudes payments of £12,000 for the 2023 audit 12022." £6,350 for indepèndent
examination).
11 Employees
The average monthly number of employees during the year was".
2023
Number
2022
Number
Office staff
26
28
Employment costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
562,708
40.357
10,979
593,850
46.787
10,784
614,044
651,421
-27-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11
Employ99$
Icontlnugdl
Employees earning > £60k
ND employee earned more than £60,000 during the current or prior period.
Key management personnel
The gross benefits received by key management personnel lotslled £85,341 12022". £107,468).
Redundancy and termination costs
During the year the charity made redundancy payments tolalling £5,61312022' £6,000).
There were no employees whose annual remuneration was more than £60,000.
12 Trustees
None of the Iruslees lor any persons connected with them) ￿ceiVed any remuneration or benefits from the
charity during the year.
13 Taxation
The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo ils charitable objects.
14 Tangible fixed assets
Land and Fixtures and Motor vehicles
buildings
fittings
Total
Cost
At 1 January 2023
Additions
Disposals
95,275
27,507
122.782
300,000
110,4621
300,000
110,4621
Al 31 December 2023
300,000
84,813
27,507
412,320
Depreclatlon and Impalment
Al 1 January 2023
Depreciation charged in the year
Eliminated in respect of disposals
72,969
5,572
110,4621
12,566
3,743
85,535
9,315
110,4621
At 31 December 2023
68,079
16,309
84,388
Carrylng amount
At 31 December 2023
300,000
16,734
11,198
327,932
Al 31 December 2022
22,306
14,941
37.247
-28-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Debtors
2023
2022
Arnounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
44,525
95,672
3,264
4,289
2,518
47.043
103,225
16 Crgdltors: amounts falllng du9 wlthln ong year
2023
2022
Notes
Bank loans
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
19
2,337
15,929
17,763
128,633
29.552
1,692
3,517
17
61,213
1,973
27,729
109,181
181,157
17 Deferred Income
2023
2022
Other deferred income
128,633
Deferred income is included in the financial statements as follows..
2023
2022
Deferred income is included within..
Current liabilities
128,633
Movements in the year..
Deferred income al 1 January 2023
Released from previous periods
Resour￿$ deferred in the year
128,633
1128,6331
23,412
123,4121
128,633
Deferred income al 31 December 2023
128,633
-29-

OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Credltors: amounts falllng due after more than one year
2023
2022
Notes
Bank loans
19
16,223
20,167
19 Loans and overdrafts
2023
2022
Bank loans
18,560
20,167
Payable wthin one year
Payable after one year
2,337
16,223
20,167
The loan is unsecured with interested charged at 30h per annum.
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OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
21 Restrlcted funds - Capltal Funds
These are restricted funds which are material to the charity's activities made up as follows".
Balance at
1 January 2023
Incomlng
r8sourc88
Resourc88
Balanco at
expended 31 Docemb8r
2023
Welsh Government Capital fund
Tudor Trust
300,000
20,000
300,000
120,0001
320.000
120,0001
300,000
Welsh Govenment - provided a capital grant in the year in order to purchase the charity's operating base at
69 Splott Road. Cardiff. See Note 14.
Tudor Trust- funding provided towards costs in relation lo purchasing the property.
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OASIS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
23 Related party transactlons
During 2023 £Nil12022 £5,840) was paid to Redefined Futures Limited. The fomer CEO, fomer Deputy CEO
and his wife are directors of the company.
24 Operating lease commitments
Al the reporting end date the charity had oulstsnding ¢ommilmenls for future minimum lease payments under
non-cancellable operating leases, which fall due as follows..
2023
2022
Within one year
Between two and five years
In over five years
2,720
6,719
167
2,635
6,029
9,606
8,664
25 Cash generated from operations
2023
2022
Surpluslldeficill for the year
388,273
133,3841
Adjustments for".
Investment income recognised in statement of financial a¢livf(ies
Restricted capital funding
Depreciation and impairment of tangible fixed assets
13781
1300,0001
9,315
12,234
Movements in working capital".
Decrease in debtors
Increase in creditors
IDecreasellincrease in defer￿d income
56,182
54,320
1128,6331
633
21,591
105,221
Cash generated from operations
79,079
106,295
26 Anatysis of changes in net funds
At 1 January
2023
Cash flows At 31 D8cemb8r
2023
Cash al bank and in hand
140,139
77,850
217,989
Loans falling due within one year
Loans falling due after more than one year
12,3371
3,944
12,3371
116,2231
120,1871
119,972
79,457
199,429
36-