OASIS CHURCH, SOUTH ELMSALL Report of the Trustees and the Church Councll For the year ended 31xt July 2021 ACTIVITIES REVIEW The Ilnanclal results are sel out In the enclosed accounts. The princlpal acllvlly Ihroughout Ihe year under revlew was th•t of the advancement of Ihe Chrlstlan falth. CHURCH COUNCIL AND TRUSTEES CHURCH COUNCIL lan Jackson (pastor), 12 Grove Terrace. Hem5WOrth, W. Yorks WF9 4BQ Tel: 019n 614193 Mag5 Jackson, address as above David Burton. 2 Saxon Close. Upton. W. Yorks WF9 1LU Tel: 01977 277162 Pat Burton. address as above Simon PhllpTr 1¢ Klng Edward Street, Hemsworth, W. Yorks WF9 4AX Tel: 01977 878593 Kelly Phllp} address as al)ove Edlmar Brllo. 6 Longslght Terrace, Klnsleyy W. Yorks WF9 5HQ Tel: 01977 618208 Paul Wake, 91 Cambrfdge Street South Elmsall. W. Yorks WF9 2AP Kate Wake address as above HOLDING TRUSTEES Davld Burton. 2 Saxon Close, Upton, W. Yorks WF9 1LU Tel: 01977 277162 Tel: 01977 878593 Susan Phllpi 83 Hlghfleld Road, Hemsworth, W. Yorks WF9 4EF Tel: 01977 615421 STATEMENT We certify that the books, voucher5 and inforniation produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. SIGNED ON BEHALF OF THE TRUSTEES AND CHURCH COUNCIL Please prlnt name: . ..Date... 24 ...S.......IoiL ,
Oasi5 Church. South Elmsall Trustees Report 2020 -2021 Trust Information Details of Trustees and other information are set out on the front page and forn part of lh8 report Structure, govemance and management The charity is governed by a trust deed dated 17yh May 2015. The charity has a council comprising the Injstees, tsvo pastors and the leaders of the various departments. Over view of the year This last year has been a difficult one with first covid and now inflation. We are pleased to say that none of our church members had a serious infection from Covid, We had to shut down all our activities and then adapt the way things were done. Sundays were organised around zoom. utilizing pre recorded sermons. We are still making services available for those who cannot get out. We are so grateful for the Job retention grants we received. Without them we would have been unable to continue paying our staff. More recently It was a joy to allow our premises to be used for Covid testing and vaccinations once restrictions allowed. Our relationship with other organisations has grown as we work towards making our communities a better place, We are now moving forward with implementing plans made a year ago. We hope to have young men coming from America in the summer and that they will encourage and inspire our youngsters to achieve great things Also a young lady from ltsly is hoping to visit. We hope to make them most welcome and that they will all be blessed and encouraged as they join us and assist in the ministry. Finance Our income for the year to July 2021 {2020 in brackets) £57746 { £53721), expenses £52103 (£56830. We received £21.616 Job Retention Grant. We are grateful for all who continue to contribute. Future We aim to continue with all our current projects and trust we will bo ablq to add more.. We hope that the lives of those who participate wll be enriched physically, mentally and spiritually.
OASIS CHURCH South Elmsall
YEAR ENDED 31 JULY 2021
Contents
Page
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1 Independent Examiners Report
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2 Statement of Financial Activities
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3 Balance Sheet
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4 Notes to Financial Statements
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6 Income and Expenditure Account
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7 Trading Account Palms
OASIS CHURCH, SOUTH ELMSALL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2021
1 Accounting Policies
The financial statements have been prepared in accordance with the historical cost conversion.
The principal accounting policies which the trustees have adopted within that convention are set out below.
Depreciation
Depreciation is calculated to write off the cost of each tangible fixed asset over its expected useful life by annual instalments at the following rates applied on the reducing balance basis:
Furniture & Equipment
15%
Grant income
Grant income is credited to the profit and loss account on a receipts basis.
2 Tangible Fixed Assets
| Building | Furniture & | Total | |||
|---|---|---|---|---|---|
| Equipment | |||||
| Cost | |||||
| As at 1 August 2020 | 49,544 | 16,289 | 65,833 | ||
| Additions | - | ||||
| - | |||||
| Disposals | - | - | - | ||
| As at 31 July 2019 | 49,544 | 16,289 | 65,833 | ||
| Depreciation | |||||
| As at 1 August 2018 | - | 12,728 | 12,728 | ||
| Charge | - | 434 | 434 | ||
| Released on disposal | - | - | - | ||
| As at 31 July 2021 | - | 13,162 | 12,099 | ||
| Net book value | |||||
| As at 31 July 2021 | 49,544 | 4,190 | 53,734 | ||
| As at 1 August 2020 | 49,544 | 3.561 | 53’105 | ||
| 3 Creditors: Amounts falling due within one | year. | 2021 |
2020 | ||
| Accruals and deferred income | 47 | 181 | |||
| Taxation and social security | 728 ` | 444 |
OASIS CHURCH,SOUTH ELMSALL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2021
| 4 Creditors: Amounts falling due after one year. | 2021 | 2020 |
|---|---|---|
| 0 | 0 | |
| 5 Total Funds | 2021 | 2020 |
| Balance as at 1 August 2018 | 57,147 | 48,899 |
| Surplus (Deficit) for the year | 399 | 8,248 |
| Authorised transfer of funds | - | - |
| Balance at 31 July 2019 | 57,546 | 57.147 |
OASIS CHRISTIAN FELLOWSHIP BALANCE SHEET AS AT 31 JULY 2021
| Notes 2021 2021 Fixed Assets Tangible Assets 2 53,734 Current Assets Debtors and prepayments - Cash at Bank and in hand 4,061 4,061 Creditors payable within one year 3 247 Net current assets/liabilities 3,814 Total assets less current liabilities 57,548 Creditors payable after one year 4 0 57,548 Capital and Reserves General Fund 53,960 Restricted 3,589 Total Funds 5 57,549 |
2020 2020 53105 0 1,876 1,876 624 1,252 54,357 54,357 57,147 |
|---|---|
OASIS CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 JULY 2021
| Incoming Resources Offerings and covenants JR Grant Other Income Administrative Expenses Net incoming (outgoing) resources before transfers Gross transfer between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Funds Funds 2021 2020 323 33,344 32,073 21,616 2,786 0 21,648 57,746 323 53,721 52,103 -3,652 56,830 5,643 3,975 -3,109 - 5,643 -3,109 54,437 3,630 57,546 60,080 0 54,437 |
|---|---|
OASIS CHRISTIAN FELLOWSHIP INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 JULY 2021
| Income Tithes/GA Offerings Palms Net income Hire of Room Job Retention Expenses Salaries & Wages Insurance Equip Maintenance Printing, Stationery & advert Telephone Light, Heat & water Repairs & renewals Building Alterations MFG contribution Sundries Depreciation Palms Supplies church week away Surplus(Deficit) for the year |
2021 20769 12,575 1,186 1,600 21,616 38,734 1,435 708 0 1,129 4,077 2,164 1,327 725 1,270 534 0 0 |
2021 57,746 52,103 5,643 |
2020 2020 4242 32,073 9,298 8,108 53721 53,721 37,656 1,668 206 188 1,534 3,333 1,918 0 203 2,344 629 3,521 3,630 56,830 -3,109 |
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|---|---|---|---|---|---|
OASIS CHRISTIAN FELLOWSHIP PALMS COFFEE LOUNGE
Trading Account
1st August 2018 to 31st July 2019
| Sales Purchases Gross Profit Catering Services Consumables Small equipment Sundries Contribution to Light & Heat Total Overheads Net Profit/Loss |
0.00 13.70 0.00 0.00 0.00 |
2019 2375.89 317.93 2057.96 13.70 2044.26 |
6365.79 226.82 732.93 3.80 0 |
2018 13178.12 5737.47 7440.65 7329.34 111.31 |
|---|---|---|---|---|
Oasis Church- Year End Accounts 2020121 Independent examiner's report to the trustees of Oasis Church I report on the accounts of the Trust for the year ended 31 July 2021. These were sent to me as a pack of printed accounts from the trustees of Oasis Church. Respective responsibilities of trustee5 and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under sertion 144121 of the Charities Act 2011 (the 2011 Artl and that an independent examination is needed. It is my responsibility to: examine the accounts under Section 145 of the 2011 Att- to follow the procedures laid down in the general Directions given by the Charity Commission under section 14SISllbl of the 2011 Att,. and to state whether particular matters have come to my attention. Basls of Independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view. and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination. no matter has come to my attention- 111 which Elves me reasonable cause to believe that in any material respect the requirements= to keep accounting records in accordance with sertion 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met,. or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name.. Stuart Gladstone Address.. 51 Croft Gardens, Huddersfield. HD2 2FL Date: 4 May 2021