## **Trustees’ Annual Report for the period** **From 1[st] January 2024 To 31[st] December 2024** **Charity name: OASIS CHRISTIAN TRUST Charity registration number: 1171906** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|(a)
To advance the Christian faith in accordance
with the Statement of Faith in the Schedule
hereto attached in Romsey and such parts of
Hampshire, the United Kingdom or the world as
the Trustees may from time to time think fit and
to fulfil such other purposes which are
exclusively charitable according to the law of
England and Wales and are connected with the
charitable work of the charity;
(b)
To relieve persons who are in condition of need
or hardship and who may be aged or sick and to
relieve the distress caused thereby in Romsey
and such parts of Hampshire, the United
Kingdom or the world as the Trustees may from
time to time think fit.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The Charity owns and operates the Oasis Christian
Centre at 25 Church Street Romsey SO51 8BT.
In pursuance of the charitable purpose the Charity
operates a retail In addition, the Charity supports local
initiatives and third world poverty relief.
To fundraise the retail shop sells scout and guide
uniform and other ancillary items. The charity also has
tenants in the residential flat within the premises.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The charity trustees have complied with their duty to
have due regard to the guidance on public benefit
published by the commission in exercising their powers
or duties. The Charities services and premises are
available to the general public| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference |Policy on grant making.|Para 1.38|Grants are made after consideration of the Trustees, to
causes that meet our charitable purposes.| |---|---|---| |Policy on social investment
including program related
investment.|Para 1.38|The Charity does not make social investments.| |Contribution made by
volunteers.|Para 1.38|The work of the Charity is greatly enhanced by the
contribution of volunteers, enabling the Centre to be open
to the public between 09.30 and 16.30 from Monday to
Friday and 09.30 and 16.00 on Saturday. The value of the
contribution of volunteers is estimated at £39,701 (based
on the NLW) in the current reporting period.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The Trust continued to develop an IT strategy which has
improved the use of social media to connect with various
communities and identified training requirements for staff.
The Trust has continued to explore and use various
avenues to appoint further trustees with finance and other
skills. The Trust continued to use an external company to
manage the payroll and provide associated financial
advice.
The Trust has participated in local community events.
The Trust was grateful to receive donations from the
outcome of craft evenings arranged by staff and
volunteers. The poor weather conditions have impacted on
the fabric of the building and voluntary donations by
members of the public have assisted in the cost of upkeep
of the brickwork. A significant amount of remedial work to
the brickwork has been undertaken.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The Charity had a deficit of £18,402 after Donations and flat
rent are taken into consideration in the reporting period.
The deficit was caused mainly by the appointment of a part-
time Deputy Manager to provide continuity on the retirement
of the manager of 40 years and the induction of the new
manager.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The reserves policy is set to maintain a fund that will meet
our contractual requirements to our staff, trade creditors and
maintain the property.
The building is Grade 2 Listed and following a report by a
specialist surveyor, certain building works have been
identified which will need to be addressed. The Reserve
also provides against potential loss of income through
unforeseen circumstances and staffing costs in the event of
any redundancies.| |Amount of reserves held|Para 1.22|£50,000| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|,| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|.| ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other ## **Structure, Governance and Management** |Description of charity’s trusts:||Charitable Incorporated Organisation| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity constituted?
(e.g unincorporated association,
CIO)|Para 1.25|CIO| |Trustee selection methods including
details of any constitutional
provisions e.g. election to post or
name of any person or body entitled
to appoint one or more trustees|Para 1.25|Appointment by existing Trustees| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Oasis Christian Trust| |---|---| |Other name the charity uses|Oasis Christian Centre| |Registered charity number|1171906| |Charity’s principal address|25 Church Street
ROMSEY SO51 8BT| ## **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body)**
**to appoint trustee(if any)**| |---|---|---|---| |John Pennells|Chairman||Trustees| |Mike Wood|||Trustees| |Mike Perrott|||Trustees| |Alan Robinson|||Trustees| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** none Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** Funds held as custodian trustees on behalf of others Descri￿n of the assets hekj in this None Name and obi8cts of the charity on whose behalf the assets are held and how thi$ falls within the cust(Klian charitys objects Details of arrangements for safe custody and segregation of such assets from the Charity's thvn assets Additional infomiation (optional) Names and addre5se8 of advlseys (Optional infomiation) Type of Name Address adviser Financial John Reeves Alhan. NuI￿rn Road, North Baddes￿y. Southampton S052 9DX Namè of chief executive or names of senior staff members (Optional infornwllon) Exemptions from disclosure Rea50n for non•isclosure of k JonrEI d&ails Other o tional inforniation Declarations The tr(otoes declare th•t they have approved the tru8tees' roport above. Signod on behalf of the chaiitys trustees Slgnaturels) J E Pennells Full natne(s) Positlon (ag Secretsry. Chair. etc) John Pennells Chairnan 18 September 2025 ## Statement of Activity Comparison ## Oasis Christian Trust January-December, 2024 |DISTRIBUTION ACCOUNT||TOTAL|| |---|---|---|---| ||JAN 1 - DEC 31 2024||JAN 1 - DEC 31 2023 (PY)| |Income|||| |Sales of Product Income|0||0| |101 Books (deleted)|25,748.27||29,200.44| |102 Bibles (deleted)|10,036.03||9,347.26| |103 Whole Foods (deleted)|6,916.47||7,323.90| |104 S & G Uniform Childrens (deleted)|11,751.32||12,027.41| |105 CD & DVD (deleted)|1,854.54||1,498.69| |106 Cards etc (deleted)|15,721.26||15,768.63| |107 Craft (deleted)|2,893.24||2,208.44| |108 Confectionary (deleted)|4,705.93||5,033.25| |109 Gifts (deleted)|4,705.97||6,608.35| |111 S & G Uniform Adult (deleted)|2,226.85||2,393.60| |112.0 Magazines (deleted)|8,767.42||9,489.54| |113.0. Stamps (deleted)|3,290.34||3,575.01| |115 Book Tokens Ltd (deleted)|98.81||41.57| |116 Misc (deleted)|14,062.51||12,956.36| |117 Household (deleted)|751.26||685.61| |119 SALE (vat items) (deleted)|489.12||226.56| |120 SALE Books etc no vat (deleted)|946.44||1,040.83| |Commission|812.97||682.15| |Oasis Discounts to Churches|-384.14||-444.37| |Oasis CD vouchers|-425.00||-365.00| |Promotional Discount|-85.43||-423.21| |**Total for Sales of Product Income**|**£114,884.18**||**£118,875.02**| |**Total for Income**|**£114,884.18**||**£118,875.02**| |Cost of Sales|||| |Cost of Sales|0||0| |201 Books (deleted)|13,588.00||20,613.39| |202 Bibles (deleted)|5,522.02||4,792.24| |203 Whole foods (deleted)|6,468.75||6,811.97| |204 Uniform S & G children (deleted)|11,433.22||11,193.95| |205 CD & DVD (deleted)|839.42||706.19| |206 Cards etc. (deleted)|7,547.36||8,683.28| |207 Craft (deleted)|2,169.49||1,362.98| |208 Confectionery (deleted)|4,057.64||4,469.94| |209 Gifts (deleted)|2,515.91||4,658.54| |211 Uniform S & G Adult (deleted)|1,301.51||879.25| |212 Magazines (deleted)|7,072.68||6,423.54| |213 Stamps (deleted)|2,768.66||3,412.36| |216 Misc (deleted)|8,556.07||7,775.67| |217 Household (deleted)|361.59||597.29| |Delivery Charges|421.94||362.39| **1/3** **Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ** ## Statement of Activity Comparison ## Oasis Christian Trust January-December, 2024 |DISTRIBUTION ACCOUNT||TOTAL|| |---|---|---|---| ||JAN 1 - DEC 31 2024||JAN 1 - DEC 31 2023 (PY)| |Discounts Received|||| |Postage|780.07||720.27| |Stock Written Off|349.79||124.66| |215 Book Tokens(deleted)|||25.00| |**Total for Cost of Sales**|**£75,754.12**||**£83,612.91**| |Stock end ofyear change|3,777.00||1,341.00| |**Total for Cost of Sales**|**£79,531.12**||**£84,953.91**| |**Gross Profit**|**£35,353.06**||**£33,921.11**| |Expenses|||| |General Expenses|0||0| |Advertising|1,111.50||651.00| |Bank charges|1,199.21||1,074.73| |Business Rates|430.39||643.92| |CCLI License|122.83||174.18| |Cleaning Sanitary|1,234.21||970.53| |Conferences and Training|430.00||500.00| |Daily cash shortfall/surplus|67.82||34.15| |IT|698.56||1,453.74| |Insurance Building & Contents|1,493.13||1,361.26| |Misc expenses|646.89||643.36| |Repair and maintenance|1,185.88||1,453.55| |Stationery Printing|1,532.04||1,618.49| |Subscritions|161.00||200.00| |Travel|471.29||474.24| |Events|||412.80| |**Total for General Expenses**|**£10,784.75**||**£11,665.95**| |Payroll Expenses|0||0| |NI & Pension ER|0||0| |Pension NEST ER|838.33||708.02| |**Total for NI & Pension ER**|**£838.33**||**£708.02**| |Payroll Preparation|549.00||270.00| |Salaries|0||0| |Basic Salaries|52,602.46||46,152.83| |MaternityPay|||| |**Total for Salaries**|**£52,602.46**||**£46,152.83**| |**Total for Payroll Expenses**|**£53,989.79**||**£47,130.85**| |Uncategorised Expenditure|435.82||| |Utilities|0||0| |Electricity|1,571.76||1,093.24| |Gas|802.63||666.87| |Telephone Broadband|604.39||459.02| **2/3** **Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ** ## Statement of Activity Comparison ## Oasis Christian Trust January-December, 2024 |DISTRIBUTION ACCOUNT||TOTAL|| |---|---|---|---| ||JAN 1 - DEC 31 2024||JAN 1 - DEC 31 2023 (PY)| |Water|156.97||272.73| |**Total for Utilities**|**£3,135.75**||**£2,491.86**| |**Total for Expenses**|**£68,346.11**||**£61,288.66**| |**Net Operating Income**|**-£32,993.05**||**-£27,367.55**| |Other Income|||| |Flat|0||0| |Flat Rent|11,350.00||11,100.00| |**Total for Flat**|**£11,350.00**||**£11,100.00**| |Interest earned|2,293.73||2,252.70| |Trust Income|0||0| |Donations|0||0| |118a Donation Not Gift Aid (deleted)|1,767.38||3,600.27| |118b Friends Of Oasis (Gift Aid)|2,080.00||2,270.00| |118c Small donation Scheme (deleted)|2,919.28||4,945.34| |118d GAYL Donations Gift Aid claim (deleted)|41.84||339.36| |Managers retirement donations|||| |**Total for Donations**|**£6,808.50**||**£11,154.97**| |Gift Aid|1,288.28||1,828.74| |**Total for Trust Income**|**£8,096.78**||**£12,983.71**| |**Total for Other Income**|**£21,740.51**||**£26,336.41**| |Other Expenses|||| |Flat Costs|0||0| |Flat Refurbishment|1,132.64||140.00| |Flat Utilities|0||0| |Gas (F)|||| |Water(F)|||| |**Total for Flat Utilities**|**0**||**0**| |Flat Management Fees|||166.67| |**Total for Flat Costs**|**£1,132.64**||**£306.67**| |Trust Expenses|£195.67||0| |Donations to outside causes|1,630.43||93.00| |Independent Examination|225.00||200.00| |Repairs & Maintenance (T)|3,965.55||5,683.83| |Trustee Training|||1,943.00| |**Total for Trust Expenses**|**£6,016.65**||**£7,919.83**| |**Total for Other Expenses**|**£7,149.29**||**£8,226.50**| |**Net Other Income**|**£14,591.22**||**£18,109.91**| |**Net Income**|**-£18,401.83**||**-£9,257.64**| **3/3** **Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ** ## **INDEPENDENT EXAMINER’S REPORT** ## **Report to the Trustees of Oasis Christian Trust** ## **Charity Number 1171906** ## **On the accounts for the year ended 31st December 2024** ## **Respective Responsibilities of trustees 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 section 144 of the Charities Act 2011 (The Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. **Basis of independent examiner’s statement:** My examination was carried out in accordance with 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 the 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 **1.** which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or **2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached **Signed:** **Date: 1[st] August 2025** **Name: Daryl Martin FCIB Regis Consultants Ltd 40 Old Place Bognor Regis PO21 3AX**