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2024-12-31-accounts

Registered Charity Number :- 1204030

OASIS HOUSE CHURCH

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR END 31 December 2024

44-50 Carter Street

GOOLE 07850976433 oasishousechurch@gmail.com

OASIS HOUSE CHURCH

CONTENTS

FOR THE YEAR ENDED 31 December 2024

TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 4 RECEIPT AND PAYMENT.............................................................................................................................................. 5 STATEMENT OF ASSETS AND LIABILITIES ............................................................................................................. 6 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 7

2

OASIS HOUSE CHURCH

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 December 2024

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2024. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity: OASIS HOUSE CHURCH

Charity registration number: 1204030

Principal address: 44-50 Carter Street , GOOLE , DN14 6SN

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Fabio Eduardo

Patricia Rocha Eduardo

Ivan Pozzi Eduardo

Rodrigo Bortolani

Independent examiners

SJPR Accountants Ltd 225 Capham Road London SW9 9BE

Approved by the Board of Trustees and signed on its behalf by

.............................................................................

3

OASIS HOUSE CHURCH

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 December 2024

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

……………………………………… Sansao Rodrigues SJPR Accountants Ltd 225 Clapham Road London SW9 9BE

4

OASIS HOUSE CHURCH

RECEIPT AND PAYMENT

FOR THE YEAR ENDED 31 December 2024

Categories
Receipts
Donation and gifts
Sub total(Gross income for AR)
Total receipts
Payments
Bank charges
Rent collection, property repairs and
maintenance charges
Other Expenditure
Accountants fees
Reimbursement - Fabio Eduardo
Reimbursement - Ivan Pozzi Eduardo
Reimbursement - Rodrigo Bortolani
General Travel Expenses
Entertainment
Telephone, Fax & Internet
Purchases
Sub total
Total Payments
Net of receipts/(payments)
Cash funds this year end		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Last
year
60,243.27
-
-
60,243.27
-
60,243.27
-
-
60,243.27
-
60,243.27
-
-
60,243.27
-
17.40
-
-
17.40
-
6,570.00
-
-
6,570.00
-
28,686.90
-
-
28,686.90
-
840.00
-
-
840.00
-
12,231.77
-
-
12,231.77
-
390.82
-
-
390.82
-
3,507.00
-
-
3,507.00
-
5.06
-
-
5.06
-
208.72
-
-
208.72
-
419.70
-
-
419.70
-
4,142.22
-
-
4,142.22
-
57,019.59
-
-
57,019.59
-
57,019.59
-
-
57,019.59
-
3,223.68
-
-
3,223.68
-
3,223.68
-
-
3,223.68
-

5

OASIS HOUSE CHURCH

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 December 2024

Categories Details Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds
Cash funds
SumUp Payments Acc 3252 166.23 - -
Unity Trust Bank Plc 9963 808.95 - -
EVO Bank 2,248.50 - -
Total Cash Funds 3,223.68 - -

The financial statements were approved by the Board on 18-Mar-2025 and signed on its behalf by:

Fabio Eduardo Trustee

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OASIS HOUSE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2024

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.2 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

1.4 Income from donations or grants

Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal o"er is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred.

1.5 Expenditure

Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered.

Direct costs are those costs which directly attribute to its activities. Wages and salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members.

Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities and this is reflected in the allocation of payroll costs based on the percentage of time spent. All costs, including governance costs, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis.

Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activities of the Charity.

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OASIS HOUSE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2024

2 Income from Donations and Legacies

Analysis
Donation and
gifts		 Unrestricted
funds
£
60,243.27
60,243.27		 Total funds
2024
£
60,243.27
60,243.27

3 Expenditure on Raising Funds

Total funds 2024

Analysis £ Rent collection, property repairs and 6,570.00 maintenance charges 6,570.00

4 Expenditure on Charitable Activities

Total funds 2024

Analysis
Bank charges
Support Costs		 £
17.40
840.00
857.40

5 Support Costs

Analysis
Governance
Costs
Accountants
fees		 Total funds
2024
£
840.00
840.00

8

OASIS HOUSE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2024

6 Other Expenditure

Analysis
Other
Expenditure
Reimbursement
- Fabio Eduardo
Reimbursement
- Ivan Pozzi
Eduardo
Reimbursement
- Rodrigo
Bortolani
General Travel
Expenses
Entertainment
Telephone, Fax
& Internet
Purchases		 Unrestricted
funds
£
28,686.90
12,231.77
390.82
3,507.00
5.06
208.72
419.70
4,142.22
49,592.19		 Total funds
2024
£
28,686.90
12,231.77
390.82
3,507.00
5.06
208.72
419.70
4,142.22
49,592.19

7 Cash at bank and in hand

Total funds 2024

Total funds 2024
SumUp Payments
Acc 3252
Unity Trust Bank Plc
9963
EVO Bank		 £
166.23

808.95
2,248.50
3,223.68

9

OASIS HOUSE CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2024

8 Charity funds

8.1 Details of material funds held and movements during the CURRENT reporting period

Fund names
Unrestricted funds
Total		 Fund
balances
brought
forward
Income
Expenditure Transfers
Gains
and
losses
Fund
balances
carried
forward
£
£
£
£
£
£
-
60,243.27
(57,019.59)
-
-
3,223.68
-
60,243.27
(57,019.59)
-
-
3,223.68

8.2 Transfers between funds This Year

Amount
£
Between unrestricted and restricted funds -
Between endowment and restricted funds -
Between endowment and unrestricted funds -

10