**REGISTERED COMPANY NUMBER: 08360755 REGISTERED CHARITY NUMBER: 1174200**
**OASIS CHURCH (BIRMINGHAM) Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2021**
**Oasis Church (Birmingham)**
**Contents of the Financial Statements for the Year Ended 31 March 2021**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner’s Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 10|
|Detailed Statement of Financial Activities|11|
**Oasis Church (Birmingham)**
**Report of the Trustees for the Year Ended 31 March 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES Principal activity and constitution**
Oasis Church (Birmingham) is a registered charity whose aim is to promote the advancement of the Christian religion and to provide support to those in the community in most need.
## **ACHIEVEMENT AND PERFORMANCE Major activities and achievements**
The Oasis Church Birmingham has continued to undertake projects and activities to promote the Christian religion and to provide support to those in the community in most need. Clearly the year was dominated by our response to the pandemic and supporting our members and the communities through this challenging time. For most of the year the activities of the church moved to mostly online meetings with regular opportunities for worship, bible teaching and support via an online platform. The congregation comes from a variety of communities across the city gathering up to 250 people each week. The Trust has continued the work of The Bridge which provides a home and recovery program for adults in recovery.
For the later part of the year we have made a slow return to face to face meetings while also maintaining an online presence for those who are shielding or not confident in re-joining public meetings. Our church building in Harborne has also slowly opened up to more community meetings and use as lockdown restrictions have eased. We have had great success in running a number of online meetings and community sessions such as a regular youth group, Alpha groups and prayer groups which have helped those joining to continue to feel connected and reduce the impact of isolation. We held an online Impact night promoting some local artists enabling them to live stream their performance from our building in Harborne.
In terms of overseeing the work of the Church during the pandemic our utmost priority has been to protect our staff, church members and the vulnerable adults under our care in the Bridge project. We have followed government guidelines in respect to in person services and have thankfully been able to maintain the work of the church online, still attracting the same numbers as before. There was no need to furlough any staff as the team have remained incredibly busy delivering an exceptional programme of activities and care to the community. In addition we partnered with a local scheme to deliver food parcels to the elderly and vulnerable and a huge amount of support has been given to those struggling as a result of the COVID lockdown measures. However, wherever possible we have sought to reduce costs to minimise the financial impact of this exceptional period on the trust’s finances. We are pleased to report that regular giving and support has remained unimpacted through this time.
## **The Bridge end of year report 2020/2021 Principal activity and Constitution**
The Bridge’s mission is to give those who are marginalized in our city the confidence and life-skills to become integrated and valued members of the community; to help people gain a sense of self-worth and address life-controlling issues such as addictions. The Bridge runs supported accommodation, housing men and women struggling to escape from life-controlling addictions.
## **Major Activities and Achievements**
The Bridge opened its first hostel for single homeless in 2001 and focused on supporting the varied needs of this group until 2008 when we specialized to support those struggling with addictions issues; running a residential recovery program based on the Twelve Steps model of addictions recovery.
The recovery program is designed to help residents face the issues underlying their addictions and teach positive coping strategies, in order to equip residents to deal with difficult issues and emotions without returning to substance misuse. In addition, the support is geared to facilitate and encourage residents to engage again with employment, volunteering or training.
As part of our recovery program, we run a lifestyle program of activities which is designed to help residents gain life-skills to equip them with a good foundation for independent living in the community. We also outsource more of our clients support than before.
Page 1
**Oasis Church (Birmingham)**
**Report of the Trustees for the Year Ended 31 March 2021**
In 2018 we underwent a restructure due to changes within the benefit system that affected our income. We attempted to link up with other churches in the city as part of a change in our fund-raising strategy. This was successful and saw our church income more than double than in previous years. Some churches have continued to remain linked with The Bridge since then.
In 2020 we faced challenges with referrals, and therefore occupancy within the men’s house, throughout the period of COVID-19. This affected our income for rent but we were aided through grants that helped carry us through. However, by early 2021 we were still struggling with occupancy in the men’s house so made the decision to close the property. The notice was served to the landlord at the beginning of March 2021.
In addition, although occupancy in the female house had been stable, seeing that there was the risk that it could go the same way at the men’s house as clients moved on in March 2021 we started the process of restructuring the female house to support women suffering from trauma from previous sexual violence.
## **Risk Policy**
The Bridge operates a health and safety policy that includes assessing risk at the properties including fire safety, general health and safety as well as risks relating to client related activities.
We also have financial risk assessments with procedures in place to reduce risk. Our current greatest financial risk is on-going challenges from 2018’s change in the benefit system that makes it more difficult to get clients onto the correct personal and housing benefit though we are finding greater success each year.
In addition, since early 2020 grants are more difficult to come by than before as there are more projects needing to apply from a smaller pot of funds. This is because there was a decrease in those who gave to trusts due to people's employment being affected by COVID-19.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered charity number**
1174200
## **Registered office address**
Oasis Church South Street Birmingham West Midlands B17 0DB
## **Trustees**
D M Gooding J D Newbold M K Wort J Fox - appointed 1 December 2020
## **Accountants**
Inform Accounting Limited 4 Emmanuel Court Reddicroft Sutton Coldfield West Midlands B73 6AZ
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.
Page 2
**Oasis Church (Birmingham)**
**Report of the Trustees for the Year Ended 31 March 2021**
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements the trustees are required to
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts 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.
Approved by order of the board of trustees on December 2021 and signed on its behalf by:
D M Gooding - Trustee
Page 3
**Independent Examiner’s Report to the Trustees of Oasis Church (Birmingham)**
We report on the accounts for the year ended 31 March 2021 set out on pages 4 to 9.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees (who are also the directors for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to our attention.
## **Basis of the independent examiner’s report**
Our 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 statements below.
## **Independent examiner’s statement**
In connection with our examination, no matter has come to our attention:
- (1) which gives us reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
- ● to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Inform Accounting Limited 4 Emmanuel Court Reddicroft Sutton Coldfield West Midlands B73 6AZ
2022
Page 4
**Oasis Church (Birmingham)**
**Statement of Financial Activities for the Year Ended 31 March 2021**
|Unrestricted
funds
Not
es
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
238,249
Incoming resources from charitable activities
117
Investment income
36
**Total**
238,402
**EXPENDITURE ON**
**Charitable activities**
3
Direct charitable expenditure
4,784
Donations
11,680
Other
168,246
**Total**
184,710
**NET INCOME/(EXPENDITURE)**
53,692
**Transfers between funds**
**Net movement in funds**
53,692
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
65,099
**TOTAL FUNDS CARRIED FORWARD**
118,791|Year to 31
Period to 31
March 2021
March 2020
Restricted
funds
Total funds
Total funds
£
£
£
32,840
271,089
262,729
59,597
59,714
85,034
-
36
76
92,437
330,839
347,839
3,167
7,951
22,441
-
11,680
20,649
92,497
260,743
316,193
95,664
280,374
359,283
(3,227)
50,465
(11,444)
(3,227)
50,465
(11,444)
18,122
83,221
94,665
14,895
133,686
83,221|Year to 31
Period to 31
March 2021
March 2020
Restricted
funds
Total funds
Total funds
£
£
£
32,840
271,089
262,729
59,597
59,714
85,034
-
36
76
92,437
330,839
347,839
3,167
7,951
22,441
-
11,680
20,649
92,497
260,743
316,193
95,664
280,374
359,283
(3,227)
50,465
(11,444)
(3,227)
50,465
(11,444)
18,122
83,221
94,665
14,895
133,686
83,221|
|---|---|---|
|||347,839
22,441
20,649
316,193|
|||359,283|
|||(11,444)|
|||(11,444)
94,665|
|||83,221|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
Page 5
**Oasis Church (Birmingham)**
**Balance Sheet At 31 March 2021**
|Unrestricted
funds
Not
es
£
**FIXED ASSETS**
Tangible assets
7
5,132
**CURRENT ASSETS**
Debtors
8
11,229
Cash at bank
105,959
117,188
**CREDITORS**
Amounts falling due within one year
9
(3,529)
**NET CURRENT ASSETS**
113,659
**TOTAL ASSETS LESS CURRENT LIABILITIES**
118,791
**NET ASSETS**
118,791
**FUNDS**
10
Unrestricted funds:
General fund
Restricted funds:
The Bridge
Building fund
-
**TOTAL FUNDS**|
Restricted
funds
£
-
-
16,583
16,583
(1,688)
14,895
14,895
14,895|Year to 31
Period to 31
March 2021
March 2020
Total funds
Total funds
£
£
5,132
3,421
11,229
11,470
122,542
81,744
133,771
93,214
(5,217)
(13,414)
128,554
79,800
133,686
83,221
133,686
83,221
118,791
65,099
14,895
18,122
-
133,686
83,221|Year to 31
Period to 31
March 2021
March 2020
Total funds
Total funds
£
£
5,132
3,421
11,229
11,470
122,542
81,744
133,771
93,214
(5,217)
(13,414)
128,554
79,800
133,686
83,221
133,686
83,221
118,791
65,099
14,895
18,122
-
133,686
83,221|
|---|---|---|---|
||||93,214
(13,414)|
||||79,800|
||||83,221|
||||83,221|
||||65,099
18,122|
||||83,221|
For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Trustees responsibilities**
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
The trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees on January 2022 and were signed on its behalf by:
J D Newbold – Trustee
J Fox - Trustee
M K Wort - Trustee
Page 6
**Oasis Church (Birmingham)**
**Notes to the Financial Statements for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
## **Income**
Income is brought into account when it is more likely than not that the economic benefit of the income will accrue to the charity.
## **Expenditure**
This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the charity to pay out resources.
## **Governance costs**
These are the costs associated with the general running of the charity and its strategic management, rather than the costs of its charitable activities and day to day management.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Public benefit entity**
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy/note.
## **Going concern**
Based on the monetary assets and human resources available at 31 March 2021, the trustees believe that the charity is a going concern.
## **VAT**
Since the charity is not VAT registered, all input VAT is charged with the expenses to which it refers.
Page 7
**Oasis Church (Birmingham)**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
|**2.**|**DONATIONS AND LEGACIES**||||
|---|---|---|---|---|
||||Year to 31|Period to 31|
||||March 2021|March 2020|
||||£|£|
||Other donations||271,089|262,729|
||||271,089|262,729|
|**3.**|**CHARITABLE ACTIVITIES COSTS**||||
||||Funding|2020|
|||||Totals|
||||of activities||
||||£|£|
||Direct charitable expenditure||7,951|22,441|
||Donations||11,680|20,649|
||Other||260,743|316,193|
||||280,374|359,283|
|**4.**|**SUPPORT COSTS**||||
||||Governance||
|||Management|costs|Totals|
|||£|£|£|
||Other resources expended|258,568|2,175|260,743|
||Support costs, included in the above, are as follows:||||
||||Year to 31|Period to 31|
||||March 2021|March 2020|
||||Other||
||||resources||
||||expended|Total activities|
||||£|£|
||Salaries and associated costs||179,992|215,628|
||Premises running costs||33,530|44,205|
||Administration, telephone, travel etc||1,524|3,377|
||Other expenses||41,232|49,493|
||Professional fees||2,175|2,165|
||Depreciation||2,290|1,325|
||||260,743|316,193|
Page 8
**Oasis Church (Birmingham)**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
During the period ended 31 March 2021 there were no trustee expenses.
## **6. STAFF COSTS**
The average monthly number of employees during the period, calculated on the basis of full time equivalents, was 6.4 (2020: 5.4).
## **7. TANGIBLE FIXED ASSETS**
|**COST OR VALUATION**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Provided during the period
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Fixtures &
Fittings
£
5,199
4,000|
|---|---|
||9,199|
||1,777
2,290|
||4,067|
||5,132|
||3,421|
## **8. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
||Year to 31|Period to 31|
|---|---|---|
||March 2021|March 2020|
||£|£|
|Other debtors|11,229|11,470|
Page 9
**Oasis Church (Birmingham)**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||Year to 31|Period to 31|
|---|---|---|
||March 2021|March 2020|
||£|£|
|Taxation and social security|3,092|4,143|
|Other creditors|2,125|9,271|
||5,217|13,414|
## **10. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Restricted funds:
The Bridge
Building fund
**TOTAL FUNDS**
Net movement in funds, included in the above are
**Unrestricted funds**
General fund
Restricted funds:
The Bridge
Building fund
**TOTAL FUNDS**||At 1.4.20
Net movement
in funds
Transfers
between funds
At 31.3.21
£
£
£
£
65,099
53,692
-
118,791
18,122
(3,227)
-
14,895
-
-
-
-
83,221
50,465
-
133,686
follows:
Incoming
esources
Resources
expended
Gains and
losses
Movement in
funds
£
£
£
£
238,402
184,710
-
53,692
92,437
95,664
-
(3,227)
-
-
-
-
330,839
280,374
-
50,465|At 31.3.21
£
118,791
14,895
-|At 31.3.21
£
118,791
14,895
-|
|---|---|---|---|---|
||||133,686||
||as
r||||
|||||50,465|
## **11. CONTINGENT LIABILITIES**
As at 31 March 2021 there were no contingent liabilities (2020: Nil).
Page 10
**Oasis Church (Birmingham)**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
||Year to 31|Period to 31|
|---|---|---|
||March 2021|March 2020|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Other donations|271,089|262,729|
||271,089|262,729|
|Incoming resources from charitable activities|59,714|85,034|
|**Investment income**|||
|Deposit account interest|36|76|
|**Total incoming resources**|330,839|347,839|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Direct charitable expenditure|7,951|22,441|
|**Raising funds**|||
|Donations|11,680|20,649|
|**Support costs**|||
|Salaries and associated costs|179,992|215,628|
|Premises running costs|33,530|44,205|
|Administration, telephone, travel etc|1,524|3,377|
|Other expenses|41,232|49,493|
|Depreciation|2,290|1,325|
||258,568|314,028|
|**Governance costs**|||
|Accountancy|2,175|2,165|
|**Total resources expended**|280,374|359,283|
|**Net income/(expenditure)**|50,465|(11,444)|
Page 11