Coinpany registixtioTh nujnber,. 09915666 ChaL'ity iegistration nLunber: 1166834 The Oasis Centre Community Project-East Manchester (A company lllnited by guarantee) Annual Report and Financial Statements for the Year Ended 31 December 2024 McICellens Ltd Chartered Accountallts I l Rivei'view The Embanktnellt Biisiness Park Vale Road Heaton Mersey Stockport SIC4 3GN
The Oasis Centre Commullity ProJeCt-Et Manehester Contents Refer]Ge &id Adn]inistrative Details Trustees, Repoi'l 2to5 Ind¢peiident Examiner's Report Statsment of Finan¢tal Activities 7t08 Balance Sb¢et Statement of Ca811 Flows io Notes to the Financial Statements Ilto26
The Oasis Centre Community Project-East Manchester Reference and Administrative Details Ti'iistees A Metcalfe DP Watl<tns J Stevenson S Coolc SE Cook DHE Waters TA Bassford Secretai'y A Metcalfe Senior MxnAgenLent / Leadership V Armstrong, Founder Team A Crowe, CEO P Redamo, Centre DiLectoi' Charity Registration Numbei. 1166834 Company Registration Number 09915666 The ch&i'ity is incorporated in England and Wales. The oas Centre 929 Hyde Road Gorton Nlanchester 18 7FB Registsred Offjce Iudependent ExamineR' Paul Roper MeICellens Ltd Chartered Accountants I l Riverview Tbe Embankment Business Park Vale Road Heaton Mersey Stockport SIC4 3GN Solicitors: Linder Myers Sale Point 126-150 Washway Road Sale Man¢hestet' M33 6AG Bankers Royal Banlc of Scotland ehester Page I
The Oasis Centre Community Project-£ast Manchester Trustees, Report Tlie trustees, who are directoi's for the PUTP05es of conipany law, pi'esent the annual i'¢port togetber witli tE]¢ financial statements and aiiditors, report of the charitable Gompany for the year ended 3 l December 2024. Objectives and aetivities Objecls nin The Charity's Objects e specifi¢ally restrioted to the following.. l. to fifftber oi. benefLt the residents of Gorton and the surrounding area of East Manchestsr, withoiit distinction of gender, sexual orientation, race or of politioal religious or other opillions, by the provision of facilities, in tlie interest of social welfare andlor health with the object of itnpmving tbe conditions of life of the said residents and communicating christi hope, faith and lcOnditiOnal lov¢, 2. to establish and operate centres for activities promoted by the Ch'Ity in furilieranee of the Object I, and 3. to support otlier organisations In any location who provide or wlio 'e considering whethei. to provide, facilities in the interest of social welfare &ndlor health with the object of iinproving tlie conditions of life of the i-e5idents in the area they operate in and commiillicattng Cliristian hope, faith aud unconditional love. Our mission At Oasis, OLir niission is to offei. Imconditional love, care, and siipport-empowering people in our coinn]imity to overcon]e tLie challenges of deprivation and biiild p&2ceful, £lfIllIng, and productive lives. We are here to love people well, espefjially those who have been forgotten, rejected, or lleglected. Through our worf(, individuals facing crisis can ]Snd knope, grow ill confideThce, and discover a renewed sense of purpose and belonging. We help people rnove foiward by addressing Lugent needs, illspiring aspii'ation, nurturing commwiity building the skllls needed foi. a brighter ftittwe. aud Our opetL-acees8 community centre runs Monday to Friday, offering emergency food packs, ftte rneals, advice, education, activities, mentoring, v0liinteeri{w opportunities, and job support tknrough five structured progran)mes of support. Objeclive$, slraÈegies and aclivilies Key statistics, strategies, and actitrities for 12-months eniLing on 3 1st December 2024 run by 8 fiill-time paid st&ff, 10 part-time paid sl8ff, and 76 volunteers. The Oasis Centre is at the heart of Gorton, Man¢bester, with & popu]alion of 36,000, in the worst l % of deprivation nationally. The people coming into the Oasis Celltre are often isolated, struggling with mental health crisis and severe poverty. This is compounded by other difFiculti¢s such as domestifj abuse, disability, illness, self-harin, street-based violence, and ijnmigration and asylum issues. Our doors are open to everyone, and our commiinity liub has become a lifeline to hiindreds of people each month. As tl)e Gost-of-living crisis continiies to weigh heavily on those most isolated, vulnerable, and disadvantaged, Oasig reinaiJ)s dedicated to pouring out God's urlconditional love, sti'engthening relationships, i'esilience 1¢ nd confidence in Olir East Manchester commLmities, In May we partnered with Ecorys, a researcli consultancy, to evaliiate our impa¢t thmugh the cost-of-living crisis. IOOO/o of oiir regiilar Glients reported that our services have been a Lifeline to surviving the cost-of-living crisis not only financially btrt mentally alld errlotionally too. Fage 2
The Oasis Centre Community Project-East Manchester Trustees, Report One lady said "A/fy husband died j1 after lockdown and job wasn't paying ihe bills with Iny 4 Children. I was in despair, bul Ollsis showéd me J was entitled lo moneyfrorn the goveinnjenl, and they soi'led il all DfOr me and noiv l am ieceiving exlra money, enough to tmkes ends rneel. IfI hadn't h(tve come kerg, I would still be in debi and living in despair". Another gentleman said 'olS reshaped andremoulded mé. My E#glish was POOI, aF7d so Icouldpj'l lookfor work Dr makefriends, btstyou have helped Me ]eLn never gave 2¥p on me" Oiir etkniic minority communities represent 55410 of our Oasis fatnily alld when asked if they felt supported and undetOOd at Oasls, there was an overwhelming positive response. "It's ch a ALyd iimgfop. everyone bul when youfeel second class if's even kardEr but hgfg, Ifeel cai'edfop, loved, and listened to. It's like we are one big family" Housing is one of the greatest challenges our Community ts facing. We were asked to speali at an event in Westminster where we brought these issues to the attention of MP'S, philantbropists, and advisors. One Senior advisor asked for our input for a housing meeting they weTe attending the following weel<. We are also SUPPOrting tbe Centre for So¢ial Justice with case studies and inforiknation on tliis evei'.growing crisis and deprivation. In May we were featur'ed on BBC North-west Toniglit as a frontline cliarity dealing with the current housing crisis. The associated &rticle can be found liere: littps'.Jlwww.bb¢.¢oinli)¢ws/articleslc6ppde666dwo Out. goal remains the same, to provide a safe place wbere God's unconditional love can be shown to the inost isolated, rejected and foigottetL, seeillg brolcen lives restored. We have achieved our alms objects through our 5 progrAmme8 of 8UPPOrt: Re:Build.. Ci'isis Support And Stability At the beart of Oasis is our CLiSiS SUPPOrt programnie, which helps people f11]g ovenvbelmino challenges, such as homelessnes8, fIne1 hardship, and tnental health issues. We provide moTe than shorl-tei'm solutions. we walk aloiigside individiials iintil they fmd si'ability. Tbis year, we suppoi'ted people through 5,116 crisis issues, offering practical helpj hope, aiid a wxy forwAI'd when it was eeded most. Re:Engage.' Tackliiw Isolation Alld Building Community Loneliness and isolation are atnong the most devastating impacts of poveity, and oiir wellbeillg programmes create opportunities for connection and growth. iach weeK over ISO people talie part in workshopsy activiti? qulzzes, and our choir, building friendships) growing irt confidenc& and enjoying life together. Re:Skill: Education AJ]d Skills Developtnent - Education is eentral to i'ebutlding Itves. Through classes like ESOL, maths, English, IT Èmd arL ag well as edllcLtional trips, Oasis helps people build confidence and skills. A total of 380 people from 32 different nations took part in our educxtion pi'ogramme, each one growlng in confidenc& skills, and community. Next Step: Volunteei'ing And Confidence Building - Our volunteering programme provides a path to regain self-worlh alld build employable sknlls, ParticiparLts not only give back to their Community but also I'ediscover tlieir oM4] potential. 48 people have worked hard gailling experience in eatering and i'etail, 61 accredited eourses have been eompleted, 2nd 6 individuals ljave suecessfully moved into employment, representing partieipants from J 4 diffei'ent nations. Re:Sthrt: Employment Support. And Mentorlng - We empower people to entei. foi. the first time or re-enter the workforce through CV suppoit) job search, lllterview prep, and mentoring. We a]50 offer an 'In -Work' Inentoring and support progi'amme to help people stay lli work. 321 people were supported through our IT and Work Club, Wltb 70 individu14 Is successfully finding employmen( each one a powerful step toward Indepidence and stability. Page 3
The Oasis Centre Commullity Project-East MaDcbester Trustees, Report Re:Soui'c¢.' shing the O&sis Model - At Oasis, we believe in freely sh'ing everything we've leamed, Siippoiting otber coinrniinities across Gi'eater Manchester and the UIC is a core part of who we are. Throiigh R¢'.Source, we offer mentoi'iiig, practical tools, a11d helpfiil resources to churches, organisations, and coininunity groups. Our goal is to help them start oi. grow holistic support hubs that bring hope and Change to disadvantaged cotnmunities, just like we've seen in our own c{)JnmiLty. 16 eommunities were supported through our work, eAeh one empowered wlth toolg) guidance, and eneouragenlellt to build hope and resiliellce localEy, Below sliows statistics relating to January-December 2024; 18 staff 76 volunteers Over 2,500 individiial VLilnerable and disadvantaged people supported Footfall of19,288 1,660 new people earne in foi, support 38,576 free meals served to people in need Over 35,QOO items sold in oiir Iow-cost chtll'ity shop 60Q/D women, 40010 men and 550/0 BAME cotnmunity 5,116 crisis issues were addressed 150 people per week enjoyed our wellbeing ÉLCtivilies 380 people accessed our adidt education programme 48 people eiirolled oiito our Next Step progrnllime 321 people aGcessed oiir work club and IT support 70 people foiind etnployment through our work club and Next Step progratnmes 505 separate visits from outside health and siipport a£en¢ies 34 different nations represeuted 16 ChLwches I chai'Lties I communities were supported with the Oasis model Public benefit The ti'ugtees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regai-d to the public benefit guidance published by ILie Charity Commission for England and Wales. Page 4
The Oasis Centre Community Project-East Manchester Trusteesl Report Strticturey governance and manRgemeiit Nalure ofgovei'nlng document The collipany was illcorpoi'ated and is governed by tELe Meinorandutn and Articles of Association. Originally &dopted on l4th Decei]]ber 2015, tbe Articles of Association wei'e SUp.Ceded by new articles which were adopted on 20th September 2021. Statement of trustees, responsibllities The trLiStees (who are also the dir¢Gtors of The Oasis C¢ntr¢ Cominiuiity Project-East Manchestei, for the purposes of company law) are r&sponsible foi. preparing the trustees, report and the financial ststemetLts in accoTdaTh¢e with applicable law and Unittd Kingdom Accounting Slandards (United Kingdom Gefteraily Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" CompaDy law requires the tLllStees to plEpe fmancial ststeinents for eacli financial year. Under company law the trustee8 must not approve the fLnancial statements unless they are satisfied that they give a tt'ue and fair view of the state of affair3 of the charitable Gompany and of the incoining i'esources and application of resoiirces, including its inGon¢ alld expenditure, of tile Chitable company for that period. In preparing these financial statements, th¢ trustees are required to.. select suitable accoiillting policies and apply theni consistently. observe the methods at)d principles in the Charities SORP. make judgemellts and estirllates that are reasonable and pnidenL state whether applicable accow)ting standards. comprising FRS 102 have been followed, SLibject to any materia] deparLures disclosed and explained in the financial siatenients,. and prepare the faUcIal stateThent5 on the going eoncern basis unless it is inapproptiate to presume that the charil'able COrnP¢1lly will continiie iii business. The trustees are respoiigible for keeping proper aGcowiting reeords that can dis¢lose with reagonable accuracy at any time the fanCIal p031tion of the charitable Gompally and enable them to ensui'e that the financial statetnents comply witb tbe Companies Act 2006. Tbey &re also responsible for safeguarding the assets of the charitable ornpany and hence foT taking reasoiiable Steps for the prevention and detection of fraud and other in'eglllarities. The tmstees are responsible for thc maintenance integrity of the corporate and fEnancial iLformation included on the Charitable cornpany's website. Legislation governing the preparntion and dissemination of finallci Staternents may differ from legislation its other jurisdictions. Disclosure of infonnatlon to auditor Each trnstee has taicen steps that they ought'l'o have tatcen a trustee in ordeL' to inake themselves awai'e of any ielevarLt audit i01natIOn and to establish that the charily's auditor is &ware of that information. The triistees onflrtn that there is no relevant information that they l(now of and of which they know I'he aiiditor is iaWare. The annual report was approved by tlie trustees of the charity on 10 Jilly 2025 &lld signed on its behalf by: A Metlfe Trustee PYLge S
The Oasis Centre Community Project-East Mallchester Independent Ei X<iminer's Report to the trustees of The Oasis Centre Community Project-East mallchter (Ithe Company'} I report ts the Charity trusl'ees on my exainination of the accoiints of the Company for the year ended 31 Decemb. 2024. Responslbilities and bA5is of report As the ch'Ity'S ttistees of tlie Company (alld a]so its direGtOTS for the PL108eS of company law) yoii are i'esponsible foi. the pi'epaiztion of the accounts in aceoi'd1¢ nce with the reqiiirements of the CoinpatLies Act 2006 {'the 2006 Act,). Having satis'Fied myself that the accounts of the Compally aiE not required to be audited under Part 16 of the 2006 Act and 'e eligible for independeiit examination, I repoi't in respect of n]y examination of YOUL charity's accoiitLts as carried out under sectioii 145 of the Charities Act 201 I ('Ihe 2011 Act,). In carrying oiit examination I have followed the Directions given by tl)e Charity Comixission ullder section 145{5)(b) of the 2011 Aet. Independent examiner's statement Since the Company's gross income exceeded £250,000 your exatniner rniist be a mernber of a body listed in section 145 of the 201 l Act. I confirm that I am qualified to undertake the exaLmination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed tny exfAtnillation. I ¢ollfiiTh that no inattets have come to illy attention in Connection witb the examination giving me caiise to believe: aGGounting records were not Icept in respect of The oasis Centre Con]miinity Project-East Manchester as required by section 3 86 of the 2006 Act,. or 2. the accounts do not accord wÉth those records. or 3. the accounts do not wmp]y Ivith the accounting requirements of gection 396 of the 2006 Act othei. than Èu]y requiiytnent ttLat the a¢Gounts give a 'true and fair view, whicli 18 not & matter considered as part of an independent examination. oi. 4. the accounts have not beell prepared in accordance with tbe methods and priufjiples of the Statement of Recomniended Practice for accounting aLid reporting by charities [applicable to charities preparing their a¢Gounts in cordanCe with the Financial Reporting Standai'd applicable in the t]K and RepiibLic of Ireland (FRS L02)]. I have no concerns and have cone across no other matters in conneGtion with the exatnination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Paul Roper McICellens Ltd Charl'ered Accountants I l Riverview The Embankmeiit Business Park Vale Road. Heaton Mersey Stocliport SIC4 3GN Date.. ..Lk.(.yl if... . ..... Page 6
Tlie Oasis Centre Commullity Project-Easl Manchester Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income alld Expenditure Account and Statement of Total Reeognised Gains alld Losses) Total 2024 Unrestrieted Restrleted 14ote Income 4ind Endowments fi'om: Donations and legacies Cliaritgtble activities Other trading activities Investment incotne 158,903 29,830 16,698 5,391 420,595 579.498 29,S30 16,698 5,391 Total In¢ome 210,822 420,595 631,417 xpenditure on: Raising ftinds Charitsble activiti£s Other expenditure (60,724) (201,461) {7,044) (60,724) {504,469) (12,048) (303,008) {5,004) Total Expenditlire Net (expenditure)/income Net movement in funds 269,229) (308,012) (577241) 58,407 112,583 54,176 (58,407) 112,583 54,176 Reconciliation of funds Total funds brought forward 1,416,810 1,358,403 157,768 1,574,578 Total funds caLried forward 21 270,351 1,628,754 The notes on PaEe8 1 I to 26 forni an integral parl of these financial statements. Page 7
The Oasis Centre Community Project-Last Manchester Statement of Flnancial Activities for the Year En(led 31 December 2024 ncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Uni'estricted funds Restrieted funds Total 2023 Note Income and Endowllients fi'om: Don&tioiis and leg&Gies Cliaritable aGtivities Other trading activities Investment income 254,311 26,144 7,178 2,775 367,686 621,997 26,144 7,178 2,775 Total incoine 290,408 367,686 658,094 Expenditure on: Raising funds Charitable activities Other expenditure (56,054) (91,219) 73,587) (56,054) (376,986) (117,022 (285,767) (43,435) Total expenditiire 220,860 329,202 550,062) Net incorne Transfers between ftinds 69,548 16,859 38,484 (16,859) 108,032 Net movement in £ld8 86,407 21,625 108,032 Reconciliation offunds Total fllnd8 brought forward 1,330,403 136,143 1,466,546 Total funds carried fonvard 21 1,416,810 157,768 1,574,578 All of the charity's activities derive from continiiing opercitions diiring the above two periods. The notes on pages i i to 26 form an inkgral part of these filil¢la1 statements, Page 8
The Oasis Centre Community Project-East Manchester (Registration number: 09915666) Balance Sheet as at 31 December 2024 2024 2023 Note Fixed assets Tangible assets Investmeiits 15 16 1,086,264 loo 1,113,774 loo 1,086,364 1,113,874 Cui'rent 9ssets Debtors Casli at banlc and in lialld 17 18 17,708 539,354 27,318 450,020 557,062 477,338 Creditors: Amounts fllig due withln one yellr 19 14,672 (16,634) 460,704 Net cui'rent 2s$ets 542,390 Net Assets 1,628,754 1,574.578 Funds of the charity: Restrltted 270,351 157,768 Unrestrieted income funds Unrestricted 1,358,403 1,416,810 Total funds 21, 22 1,628,754 L,574,578 For the financial Ye ending J l December 2024 the cliarily was entitled to exemption fi'om audit lder s¢ction 477 of the Compantes Act 2006 relating to &11 comp&nies. Dll-ertotB' regponsibilities.. The members have not required the charity to obtain audit of its accowits for tbe year in question in accoi'dance with section 476. and The directors acknowledge their responsibilities for complying with the reouirements of the Act with respect to accounting records and the preparation of accounts. The finaneial statements on pages 7 to 26 weye approved by the trLiStees, &nd authorised foi. iSSLie on 10 Jiily 2025 and signed on theii. behalf by: A Metcaife Trustee DP Watkins Trustee The notes on pages I I to 26 form sjn integral part of th&se fillanci statllents. Page 9
The Oasis Celltre Community Project-East Manchester Statement of Cash f4lows for the Year Ended 31 December 2024 2024 2023 r4ote Cash flows from opei'ating activitie8 Net casli income 54,176 108,032 Adjustmeiits to cash flows from non-eash itenis Depreciation nvestment itLcome 32,654 5,391 31,208 2,775 81,439 136,465 Working c2pltal Adjustments Decreasel(increase) in debtors Decrease in creditors 17 9,610 (1,962) (lQ,727) (12,938 19 Net cash flow& fi'om operating activities 89,087 112,800 C2sh flows from investing activiti&s Inteiest receivable and similar income Pui'chase of tsngible fixed assets 5,391 5,144) 2,775 8,921) 15 Net cash flows from investing activities 247 6,146 Net increage in cash and cash eqiiivalents 89,334 106,654 Cash and cash eqiiivajents at l January Cash and cash equivalents at 31 December 450,020 343,366 539.354 450,020 All of the cash flows are derived from continuing operal'ions during the &bove two periods. The notes on pages I I to 26 fotTr an irltea[ paTL' of these financial statements. Page 10
Tlie Oasis Centre Community Project-East Manchester Notes to the Fillancial Statements foi, the Year Ended 31 December 2024 I Chllrity status The ch'lty is limited by guaLantee, incorporated in England and Wales, and conseqiiently does iiot have sh&.¢ apital. Each of the trustees is liable to ¢onti'ibute an amount not ¢xceedtng £10 towards the assets of the charity in the event of liquidation. The address of its registei'ed office is: The Oasis Centre 929 Hyd¢ Road Gorton Manchester M18 7FB These financial statements were authoiised for issiie by the trustees on 10 July 2025. 2 Accounting polAcies Sunllnaiy of significant accounting policies Xlld key accounting estimatLs The principal accounting policies applied in the preparation of these financi st&tements are set oiit below. T]Jese policie5]Jave been consistently applied to all the yeS presented, unless otherwise stated. Statemellt of comp]i2nee The fu]ancid statements have been prepared ill accordance witb Accounting and Reporting by Charities.. Statement of RecoLt]meiided Practice applicable to charities preparing their &CeOLts in accordance with the Financial Reporting Standard applicable in the UIC and Republic of Ireland (FRS 102) (effective l JanLiary 2019) - {Charitie8 SORP (FRS 102)), the Finalleial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102). They also Comply with the Companies Act 2006 and Charities Act 2011. Basis of preparxtloll The Oasis Centre Community Pi'oject-East Martchester meet8 the defmition of Li public benefit entity undei. FRS 102. Assetg and li&bilities are initially reco£nised at historical cost or transaction value unless otherwise ststed in the relevant accounting policy notes, Going concern The trustees wn5ider that there are no matei'ial IinGertainties abolit the Gharity's ability to continue as a going conc¢¥n nor any significant ai'eas of unc•taiJ)ty that affeGt the GatTying value of assets held by the charity. Exemption from preparing a cash flow statement The charity opted to adopt Bulletin I published on 2 Febiuc1ry 2016 and have therefore not included a cash flow statement Én these financial stateinents. Income and endowments All incoille is recognised once the cliarity has entitleiiiellt to the Inc0e, it is probable that tkne incoine will be i'eceived and the atnount of the incojne receivable call be measw'ed ieliably, Pige 11
The Oasis Centre Community Project-Ea8t Manchoster Notes to the Financial Statements for the Year Ended 31 December 2024 DonRtloAs and legacles Donations are recognised when tl)e charity has been iiotified in writing of both the amount and settleii)ellt date. In the event tliat a donation LS Slibject to coiiditions that require a level of perfoi'mallce by the Charity before die ¢harity 13 entitled to the fiiiids, tbe illcome is deferiEd and llot reeognised until either those COLiditions aTe ftjlly met, or the fuLfilment of those conditions is wliolly within the control of the charity and it is prob&ble that these conditions will be fiilfilled in the i'epoilillg period. Grants réceivablÉ Grants are recognised wlien die charity lias entitlement to the fia$ wid any conditions linked to tbe gt2nts liave beeii met. Wliere perfortt]allce condition5 are attaGli¢d to the grant and are yet to be mel the income is i'ecognised as a liabiLity and included on the balanoe sheet as defeiTed incoime to be released. fts In kind Gifts in Icind are iecognised in different ways dependent on how they are used by te clwity: (i) Those donated for resale produce income when th¢y are sold. They are valued at the amount acthally realised. (li) Those donated for onward transjnission to beneficiaries are inclllded in the Statement of FinanciaI Activities as iiicoming resources and resources expended when they are distributed. They are valued at the amount the clwity would have liad to pay to acquire them. (iii) Those donated for use by the cl)&rity itself are included when i'eceivable. They are valued at tlie atnount the oharity would have had to pay to acouire te. Inva¥lmÉnt Inct7nie Dividends are recogllised once the dividend lia8 been declared and notification been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or wnstructkve obligation to that expenditure, it is probable settlement is reouired Ethd the amount can be measiired reliably. All cosl's are allocated to the applicable expenditure heading th&t aggretkate similar costs to that category. Nvhere costs cannot be directly attributed to particiilar headings they trLave been loCated on a basis Gonsistent witli the use of resoui'ces, with central staff ¢osts allocated on tlie basis of time spent, and depLeciation charges &llocated on the portion of the asset's itse. Other sllPPQrt costs are allocated based on tl)e spread of staff costs. RaislFz¥fun These are costs incurred in attracting volulltary income. the man&eMent of investments and tliose in¢ui'red in trading activities that raise fiinds. ChaTitable actlvlil Charitable expenditure compi'ises those costs incurred by the charity in the deliveiy OF its activities and services for its beneficiaries. It includes botli costs that can be dlocated directly to such actAVities and those costs of an indirect iiature iie¢e$sary to support them. Support costs Support cosls incliide Centr ftinctions and have been allocated to activity cost catetsori&s on 2 b&sis consistent witli the use of resources, for example, allocating property Costs by floor areas, or per capita, staff Costs by the time spent and other costs by theit. usage. Page 12
The Oasis Centre Community Project~East Mallchester Notes to the Financial Statements for the Year Ended 31 December 2024 Governance costs Tliese inGlude the costs attributable to the chaL'ity's GompLiance with constitutional and ststutory reqiiir¢ll)ents. including audit, Strategic Margernent and trustees meetings ]d reimbursed expenses. Govei"nment grants Government grants are recognised based on tlie accnial tnodel and al'e measured at the fair vallie of the asset received or i'eceivable. Grants are classified as relatintr eAtliei' to revenue or to assets. Grants relating to revellue are i'ecogLiised in inGOtne ovei- tlie period in which th¢ related costs are recognised, Grants relating to assets &re recognised over the expected useful Ilfe of th¢ asset. Wliere part of a grant relating to an asset is defejyed, it is i'ecognised as defetTed income. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance AGt 2010 and tlierefore it meets tkne definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from ttIOn in respect of income or capital gains received within categories covet'ed by Chapter 3 Part I l of the CotVDixtion Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that siich in¢oLne oi- gatns al'e applied excliisively to charit&bl¢ purposes. Tangible fixed assets Individual fixed assets costing £IOO.00 or tllore are illitially recorded at cost, less any Slibsequent accuLnidated depreciation and subsequent tUmUlated impairment losses. DepreeiAtioM and llmortisAtion Depreciation is provided oil tangible fixed assets so as to write off the cost or valiiation, less any estimated residiial vlIe. over theÈr expected 118ethl economic life as follows.. Asget elass Land and buildings Computer equipnjent FixEures and fittings Plant and eqiiipmeiit Depi'cciation metknod and rate 20/0 Straight liiie 330/0 Straight line 109/0 Straight line 20 % strait line Fi Ixld gsset investments Fixed asset illvestments, other tli&n prograrome relc1t¢d investments, are in¢luded at marlcet value at the balance sheet date. ReaLised gains and losses on investments are calculated as the difference between sales proceeds and their marl<et value al the start of the yew., or their subsequent cost, and are charged or credited to the Slatenient of Financial Activities in the period of disposal, Unrealised gains and losses repi'esellt the illovement in market valiies during the year and are credited or chai'ged to tlie Stateinent of Finttncial Activities based on the &5'ket value at the year end. Page 13
Tlie Oasis Centre Community Projeet-East Manchestei. Notes to the Financial Statements for the Yeai" Ended 31 December 2024 Trade debtors Trade debtors aLe amolts due from custotners foi. Inerchalldise Sold Dr sei'vices performed in the ordillary COULse of biiBiness. Trade debtors al'e regnISed initially at the ts7nsaGtion price. They are subsequently measured at amortised cost using the effective interest inetkLod, less provision for impaiLment. A PLovision foi. the impairment of ts'ade debtors is established wheLI there is objective evidence that the cbarity will not be able to collect all amounts due according to d)e original tern]s of the i'eceivables. Casll and eash equivalents Cash and cash eqluvalents comprise on band and call deposits, and other short-teim highly liquid inveStentS that are readily convertible to a known amount of cash and are 8ubje¢t to an insiguificant rislc of change iii value. Fund structUA"e Unrestricted income funds are general fund8 that are available foi. u8e at the knistees discretion in ftirtherance of the objeGtLves of the Gharity. Restricted incoine fLinds are those donated for use ill a particular area or for specific pwposes, the use of which is restiioted to that area or purpose. Pensions xnd other post Yetirement obllgations The charÉty operates a defIrLed contribLltion pension sch¢me which is a p¢tLsion plan linder which fJx¢d eontributioiis are paid into a pension flind and the charity has no legal or ¢onstructive obligation to pay further contributions evell if the fLind does not hold siifficient assets to pay all employees the benefits relati1 to employee se1¢e in the current and prior periods. Conti'ibutions to defined contribution plans are recognised in the Statement ot Financial Activities when they are due. If contribiition payments exceed the ¢oniribLition due for service, tlie excess is re¢ogu&sed as a prepayment. Finalleial instruments Classificution Financial assets and financial liabllities are recognised when tlie charity becotnes a party to the GontractLi81 provisions of the instrnmenl. Financial liabilities and equity instruinents are classified according to the substance of the contraetiiai arrangements entei'ed Ènto. An equity instriiment is any contract that evidences a residual interest in tlie Sets of the charity aftei. deducting all of its Liabilities. Page 14
The Oasis Centre Community Project-Eas* Mallchester Notos to the Fillancial Statements for the Year Ellded 31 December 2024 Recognition and measui'emdnÈ All financial 1¢ ssets and liabilities are initially measui'ed at transaction price (including ttznsactioii cost5), except for those finl01a1 assets Glassified 88 at fair valiie througli profit or loss, which &'e initially tneasiired at fair value (wl)i¢h is norniaLly tile transaction price excluding transaction costs), unless tlie arrangeinent constitiites a fin&ncing tt'ansaction. If an 'range)ent constittites a financing transaction, the finaii¢i81 asset or financial liability is ineasured at the present value of the futw'e payments disGount¢d at a inarlcet rate of interest for a siillilaL debt instrLiellt. Financial assets and liabilities are only offset in the statement of finan¢iaJ position when, and only when there exists a legally eiiforceable right to set off the recognised arnd tlie ¢harity intends either to Settle Oll a net basis, or to realise the asset and settle the liability simultsneoiiAIy. Financial 28sets are derecognised when and only when a) the contractual l'ights to the casli flows from the financial asset expire oi. are settled, b) the charity ts'ansfers to allother pai'ty substantially all of the risks at IEwards of ownership of te financial asset, or c) the cliarity, despit¢ having retained soine, but not all, significant i'isks alld rewards of ownership, has transferred contt'ol of the asset to another party. Financial li&bilities are derecogt)ised only when the obligation spettified in the contract is discharged, cancelled or expires. 3 Income from donations and legacies Unrestricted funds General Rogtrieted funds Total 2024 Total 2023 Donations and legacies. Donations fium cornpanies, tnJsts alld siinilar pi'oceeds Donations from indlviduals Gift aid reclaimed GraJ)ts. includin(r capitsl grants. Govemrnellt grants Gifts in kind 74,812 71,676 12,165 394,500 8.722 469,312 80,198 12,165 459,107 101,612 7,646 17,373 17,373 250 50,007 3,625 250 158,903 420,595 579.498 621,997 Gifts in l(ind inclLide toys for the pre-christmas toy sales wLucb have been incliided in the aG¢oimts at £1,000 {2023'. £250). In 2023. 30 chrome tablets were gifted to the charity by The Deane Triist foi. the Educ&tion and Job Club programines. These have been in¢liided in the accounts at £i,375. . Volunteers give their time freely in seTViDg the Gharity and the wKdei' community, the valiie of whid] is unquantifiable. Donations of clothing and bric a brac are made to the thrift shop and the value of these oifts is unquantifiable. Page 15
The Oasis Centre Community Project-East Manchester Notes to the Financial Statements for the Yeai. Ei nded 31 December 2024 4 Ineome fi'om chaRltable activities Uni'estrieted funds General Total 2024 TotAI 2023 ctLarity sliop 29,830 29,830 26,144 5 Income from othei. trading activities Unrestricted funds General TotAI funds 2023 Property rentsl income 16,698 16,698 7,178 16,698 16,698 7,178 6 Investment ineome Unrestricted funds General Total 2024 Total 2023 terest receivabLe and similar income. Interest receivabl¢ on bk deposits Other interest receivable 5,391 5,391 2,767 5,391 5,391 2,775 7 Expenditure ou raising funds a) Costs of generAting dollations and legacies Unrestricted Tolal 2024 Total 2023 Ceneral Note Fundraising and events Staff Costs 3.734 56,990 3,734 56,990 12,126 43,928 60,724 60,724 56,054 Page 16
The Oasis Centi'e Community Project-East Maneh&ster Notes to the FinallCi21 Statements for the Year Ended 31 December 2024 8 Expenditui'e on cliaiiti1ble activities Unrests'icted Tot81 2024 Total 2023 General Restyicted Note Cafe costs EduGation Staff costs Allocated support costs 37,615 8,958 248,627 37,615 10,285 378,602 37,522 1,473 256,911 1,327 129,975 io 70,159 7,808 77,967 78,770 201.461 303,008 504,469 374,676 In addition to the expendittire analysed above, there are also governance costs of £3,390 (2023 - £2,310) which relate directly to ChItable activities. See Aote 10 for furtl)ei' details. 9 Other expenditure Unrestricted Totgl 2024 Total 2023 General Restirycted Note Staff eosts Cost of truste¢ meetings Gov¢rnance Costs 2,734 920 3,390 5,004 7.738 920 3,390 117,022 2,310 7,044 5,004 12,048 119,332 Page 17
The Oasis Centre Community Project-Last Mancliester Notes to the Finallcial Statements for the Year [4 nded 31 December 2024 10 An%lysi8 of govern2nee and suppoi't costs Govèrnanee costs Unrestrlcted nds Gelleral Total 2024 TotAI 2023 Independent examiner fees Examination of tlie finatLcial statements Other fees paid to examiners 640 2,750 640 2,750 600 1,710 3,390 3,390 2,310 11 Government grntS During the year, the Charity received siipport frojn The CotntJunity Oi'ganisations Cost o£Livtng Fimd in order to fLd their work supporting low income households and individuals facing 8eva"e ¢halleJ(yes due to the increased cost of living. The amouut of grnnts rewgnised in the finallcial statements was £17,373 (2023 - £50,007). 12 Trustees remuneration snd expenses Duriiig the Ye the charity made the followillg tt'ansactions with triistees. A MetcAlft £920 (2023., £563) of expenses were reimbursed to A Metcalfe duruig the year. A Metcalfe was reimbursed for travel expenses, Page 18
The Oasis Centre Community Project-Ei ast Manchester Notes to the Financial Statemellts for the Year Ei llded 31 December 2024 13 Staff Costs Tlie aggregats payroll costs were as follows: 2024 2023 StAff costs dllring the year were: Wages and SarleS Social security costs Pension c08ts 402,327 28,076 6,548 381,105 25,599 5,508 436,951 412,212 The monthly average number of persotts {incliiding senior managemettt I leadership team) employed by the charity during tlie year was as follows: 2024 2023 Management Fundraising Oasis CentiE Staly 12 12 18 18 15 (2023 - 16) of tbe above employees participated tn the Defined Contribiition Pension Schemes. No employee received ernoliiments o.f more than £60,000 dtll'ing the year. 14 Taxation The charity ig a UK registered chaiity, numbeL' 1166834. All the company's incot])e is applied to its charitable objects and the company is, therefoi'e, exempt under current legislation fi'om most fortns of taxation. Valiie Added Tax is not recovetable by the compally and is therefore charged to the Stateinent of Financial AGtivitLes or Balallce Sheet as incuLTed. Page19
The Oasis Centre Colljmunity Project-East Manchester Notes to the Fillancial Statemellts for the Year Ended 31 December 2024 15 Tangible fixed &ssets LAlld and buildings Furniture and equipment Coinputej. equipment Other tsngible rixed Asset Total Cost At l January 2024 Additions 1,148,174 33,635 2,650 13,239 2,494 15,836 1,210,884 5,144 At 31 Deoember 2024 L,148,174 36,285 15,733 15,836 1,216,028 Deproei%Ltion At l Jauuajy 2024 c1)'ge for the year At 31 December 2024 72,718 22,963 8,129 6,437 3,039 9,826 3,168 97,110 32,654 95,681 11,613 9,476 12,994 129,764 Net booli vglue At 31 Deeember 2024 1,052,493 24,672 6,257 2.842 1,086,264 At 31 Decetnber 2023 1.,075.456 25,506 6,802 6,010 1,113,774 Inttliided within the net book vatue of land and buildinES above is £Nil (2023 - £NÉl} in respect of fieeliold land and buildtngs and £1,052,493 (2023 £1,075,457) in respect of leaseholds. Page 20
The Oasis Celltre Community Project-East Manchester Iyotes to the Financial Statements for the Yr Ended 31 December 2024 16 fiixed asset investments 2024 2023 Shares in group underlalcings 1¢ ttd participatin8 interests loo loo SlIAres in gi'oup underlakings aiid partieipating interests Subsidiary undertsl(ings Total Cost At l January 2024 At 31 December 2024 loo loo loo loo Net book vwliie At 31 DeCeber 2024 loo loo At 31 December 2023 loo loo Details of undertAkings Details of tt investments in which the clwity holds 20D/o or more of the nomill value of any class ol share Capit are a3 foillow8'. Country of incorporation Pi'oportioi) of voting Yights Pvincipal and shares held activity Undertaliing Holding 2024 2023 Subsidiary undei'takings The Oasis {Goiton) Trading Company Ordinary Shares IOOO/L¥ deVelOp¢llt of building projects Subsidiaries The Oasis {Gorton) Trading Coinpany Ltd gifts all profits to the ¢harity. No gifts were made during 2023 or 2024. .Fage 21
The Oasis Centre Community Projeet-East Manchester Notes to the Financial Statements for the Yeai. Ei nded 31 December 2024 17 DebtOl'8 2024 2023 Diie fibm gi'oLiP undertakings Gift Aid Prepayments Other debtors 1,932 12,165 2,575 1,036 1,932 22,836 1,726 824 17,708 27,318 Debtoi's snclLides £1,932 (2023: £1,932) receivable after inore than one year, 2024 2023 Diie froin group undertakings 1,932 1,912 18 Cash And exsh equivalents 2024 2023 Casli at ballk 539,354 450,020 19 Creditors: Amoiints f1& Iling dlle within one year 2024 2023 Other t&tIOn and social security Other creditors Pension scheme creditor Arual8 7,232 749 1,466 5,225 6,827 3,426 206 6,175 14,672 16,634 20 Pension and other schemes DefLned eontribution pension scheme The cliarity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions PELyable by the cbarity to tbe scheme and amounted to £6,548 (2023 - £5,508), Page 22
The Oasis Centre Community Project-East Manchester Not to the Financial Statemellts for the Year Ended 31 December 2024 21 Funds BRIAnce At 31 December 2024 BAlance At I January 2024 Incoinlng resources Resources expended Unrestricted General 1,416,810 210,S22 (269,229) 1,358,403 Total unrestricted 1,416,810 210,822 (269,229 1,358,403 Restricted Funds Building Flind Oglesby Charitable Trit Miri RosFLni Other Restricted gifts Cheshire DatasYSteS Liinited Lancaster Fowidation Lloyds Covid grallt McGhee Trust Crisis support Cost of Living Welfare Henry Smith Charity 7,729 7,729 6,849 30,000 965 74,886 38,098 2,906 1,244 104,650 23,216 30,OOQ (16,367) 965 52,595 21,630 3,308 1,248 64,087 3,182 3,024 58,374 97,528 (36,083) (81,060) (402) (5,004) (75,059) {20,555) (3,482) 70,000 5,000 115,622 17,373 3,482 70,000 3,024 Total Restrleted 157.768 420,595 (308,012) 270,351 TotAI funds 1,574,578 631,417 (577,241) 1,628,754 Page 23
The Oasis Centre Community Project-East Manch&ster Not to the Financial Statements for the Year Ended 31 December 2024 Balanee Ht 31 Decetnber 2023 Bal4nce at I Januai'y 2023 Incoming resources Rejources expende(I Transfers Uni'estricted Generat 1,330,403 290,408 (220,860) 16,859 1.416,810 Totsl unrestricted 1330,403 290,408 220,860 16,859 1,416,810 Ro8trieted Funds Biiilding Fund Other Restricted gifts Chesliire Datssystems Limited Lancaster Foiindation Albert Gubay Charitable Bouijdation Covid Fund Lloyds Covid gvanl 22,729 965 (I5,000) (1,859) 7,729 965 4,109 (2,250) 29,072 5,997 50,982 82,879 (27,459) (67,246) 52,595 21,630 19,234 {19,234) (5,314) 5,314 3,308 3,308 TotAI Restrlcted 67,385 157,204 {121,503 (16,859 86227 Total funds 1,197,788 447,612 {342,363) 1,503,037 The Specifie purposes for wliich the funds are to be applied are as follows= Bullding fiuld: donations given to tbe building fund are restricted to being used foi. the new community building project A number of corporation5, trusts and individiials are providing funding for Covid-19 support, such as emergeney food, activity pad(s and telephoue support. Any balance remaining ill this fund after the effects of Covid have diniinished will be used to provide etnergency food and siipport througb the cost of living crisis. In 2024 the followints activities Trvere funded by specifie funders Cl)eshire Datasystems Limifrd The LkWCaSter FoundatLOll Re.Skill and Crisis Support Project Next Step Cateiing Staft costs and wellbeing Worlc Club and ediication Oglesby Cliaritable TIst Miri Roslu]i Ladies Fundraisei. Next Step Retail Managetnent costs Management costs Crisis Support Project Crisis Support Project Crisis SLlPPOrt Project Crisis Support Project FIenry Smith Chaiity M¢Ghee Trust November 2024 Fundraiser Frederic1( Robinson Albei't Hiint Trust The Grocers Charity Page 24
The Oasis Centre Community Project-East Manchester Notes to the Finallcial Ststements foi. the Year Ended 31 December 2024 u 2024 tlie following aetivltiÈs Ivere fuuded by specifjc fwJdei's{continued) Sir Donald and Lady Edna Wilson Charitable Trust Crisis Support PLX)ject Dowager Countesg Ciisis Support Projeot Mallchester City Col011 CrASLS Support Project The CoJ]MnLinity Organisations Cost of Living Fund Cost of LÉving Flair Foundation Wellbeing and CrLSi8 Support Ill 2023 the following activities were fided by $pecfific thllder$ The Property Hub Chethire Datasystems Ltmited The lcaSter Foundation Smart Screen Re-skill and Ci'isis Support Project Next Step Catering Re-ellgage Next Step Retail Next Step Retail Next Step Retail Managenent cost8 Managetnent costs Crisis Support Project Crisis Slipport Project Crisig Support Project Crisis Support Pi'oject Worlc Club Barnabus Trust The Albert GLibay Charitable Foundation Ladies Fundraiser Charities Trust Henry Smith Charity McGhee Trust Noveinber 2023 Fundi'aiser Fredericlc Robinson Albert Hiint Trust The Grocers Charity Sir Donald and Lady Edn2 Wilson Charitable Trust The Community Organisations Cost of Living Fund Flair Foundat'ion Cost of LivitLg Wellbeing Page 25
The Oasis Celltre Community Project-East Mallchester Notes to the Financial Slatements foi" the Year E4 nded 31 December 2024 22 AnaLy5is of net Assets between funds Unrestricted funds General TotAI funds at 31 December 2024 Restricted funds Tangible fixed assets Fixed asset invest]llents CLirrent assets Ciirrent liabilitles 1,086,264 loo 281,826 9,787) 1,086,264 loo 557,062 (14,672) 1,628,754 275,236 (4,885 Total net assets 1,358,403 270,351 Uni'estrleted fllnds Gelleral Total fullds At 31 December 2023 Restricted fullds Tangible fed assets Fixed asset InvesllentS CttrreL]t assets Current liabilities 1,113,774 loo 1,113,774 loo 312,886 9,949 164,452 6,685 477,338 (16,634) Total net assets 1,416,811 157,767 1,574,578 Page 26