COMPANY REGISTRATION NUMBER: N1032295 CHARITY REGISTRATION NUMBER: NIC 100881 Oasis - Caring in Action Company Limited by Guarantee Financial Statements 31 December 2022 Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
Oasis - Caring in Action Company Limited by Guarantee Financial Statements Year ended 31 December 2022 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members 13 Statement of financial activities (including income and expenditure account) 19 Statement of financial position 20 Statement of cash flows 21 Notes to the financial statements 22 The following pages do not form part of the financial statements Detailed statement of financial activities 37 Notes to the detailed statement of financial activities 40
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 December 2022 The trustees, who are also the directors for the purposes of company law,.present their report and the financial statements of the charity for the year ended 31 December 2022. Chair's report Given the previously reported pressures and the continuing drag effect of the Covid 19 Pandemic on our operating model and our dear clients, we as a Board of Trustees were focused during 2022 on consolidating the more appropriately sized business in our collective rented premises. This strategy agreed, with professional advisors has brought stability and also resulted in clear robust governance within OCIA Ltd and ultimately it ensures we run operations on a firm and sustainable operating model. The nature of our charity means we are totally reliant on our partner funders ,to which we are very grateful , but this carries risks when we are the at behest of Government funding which a number of our sister charities found to their cost when ESF funding ended this year. Thankfully we survived that scare in partnership with PT receiving 2 year replacement funding. I believe we made significant progress throughout 2022. Against the background of an emerging cost of living crisis and following the economic drag from the pandemic caused by Covid 19 infection, which effected every part of our business. By God's help and enabling we managed to meet all our goals as a charity and added a number of key new tasks that emerged directly, in the community, as a direct result of Covid. We have established a more user friendly area on our ground floor in East Belfast and have established the Antrim Community Hub , both of which are used to meet the very real needs around the mental health of our clients in both Belfast and Antrim The charity has just past 26 years in existence and we thanked CFC this year as the founding church behind establishing OCIA Itd in both Belfast and Antrim. They have now decided to spread their wings in charitable giving to align with their church areas. Thank you for your support over the 26 years and your continuing support in Antrim. We are also deeply grateful to anonymous donation through the church to us of £40k during 2022. We continued to narrow our focus on the core long established activities of the charity that were and still are performing well in their own right. These activities typically exist to offer support, training and resources to individuals and thereby empowering and changing their lives on a personal, family and community perspective. Our and our CEO'S emphasis has been on protecting and developing our core activities, overseeing the implementation of clear and accountable financial discipline, reducing debt by asset sale and ensuring we have a sustainable financial footing through 2022 and into 2023 and beyond . All of this whilst assessing current and future economic headwinds and dealing with the current cost of living crisis We have seen first hand across all the programmes the heartache caused by people being displaced from their homeland and arriving in Belfast and as usual our excellent staff and existing clients have welcomed them into our'home" at Oasis across all sites.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 December 2022 It is really important we put on record our thanks to groups like Belfast Health Trust. DFC, Co-operation Ireland, Early Years Organisation, PT, PHA, DOJ , BCC, The Pathway fund ,Trussell Trust , Tesco , Enkalon Foundation, BCPP, National Lottery Community Fund, Dormant Funds and NIHE. Plus the very very generous personal donations of the public and the local churches around Antrim to the foodbank. We updated our website and giving is beginning to flow directly to the charity through this resource Thank You During 2022 we have witnessed and been privy to many personal testimonies which support the impact of the charity's work, this has been the most pleasing aspect and it is at the heart of our Christian beliefs within the charity to look after the most needy in society on a sustainable basis. We are confident moving into 2023 of OCIA'S ability to perform strongly within its means and realise opportunities to further its work supporting lives within communities in East Belfast and Antrim by Gods help and enabling. On behalf of the Board of OCIA we would like to record our sincere thanks to Stephen Cruise and the staff teams for their work in each of our projects. Oasis Caring in Action exists simply as a demonstration of God's love in the communities we serve. It has been a privilege to lead the charity in pursuit of its aims to alleviate the challenges facing the impoverished in society whether that be physical, mental, spiritual or economic hardship. We look forward with fresh enthusiasm to our continued service. Donald Eastop Chairman
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2022 Reference and administrative details Registered charity name Oasis - Caring in Action Charity registration number NIC 100881 Company registration number N1032295 Principal office and registered 81-83 Castlereagh Street office Belfast County Antrim BT5 4NF The trustees Mr James McKay Mr Michael Patterson Mr Donald Eastop Mr Stephen Todd Mr David Mark Mrs Helen Newell (Appointed 19th January 2022) (Appointed 10th June 2023) Auditor Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN Bankers Ulster Bank Limited Arches Retail Park Belfast BT5 4AF Solicitors Hewitt & Gilpin 73 Holywood Road Belfast BT4 3BA
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2022 Structure. governance and management Oasis - Caring in Action is a company limited by guarantee, incorporated on 22 April 1997, accepted as a charity for tax purposes by HM Revenue & Customs on the 22 April 1997 and registered with The Charity Commission for Northern Ireland on 1 April 2015. It is governed by its Memorandum and Articles of Association dated 18 April 1997 and amended on 17 October 2002 and 20 March 2015. These were further updated on 10th March 2023 The Key Management personnel of the Charity is the CEO, together with the Managers of Finance, Early Years, Imago, Antrim Hub and Antrim Foodbank, Princes Trust and Good Morning Oasis (Formerly Recall ). Organisational Structure The charitable company is governed by its Memorandum and Articles of Association. The company is not for profit and limited by guarantee, the liability of the members is limited to £1. The organisation is governed by its Board of Directors who meet 8 times per year. Day to day management activities were coordinated by Mr. Stephen Cruise. New directors are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making process, the business plan and recent financial performance of the charity. They are free to discuss any issue with other directors or key employees. Directors are encouraged to attend any appropriate external training events where these will facilitate the undertaking of their role. Public Benefit Activities Oasis Caring in Action has been set up to relieve povety and provide facilities in the interests of Social Welfare using a community development process with the object of improving the conditions of life for the inhabitants of Northern Ireland (mainly East Belfast) and its environs and, working with partners in other disadvantaged areas of the world.
Oasis - Caring in Action Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2022 Objectives and activities Our purpose and activities (including mission statement).. The purposes of the charity are To relieve poverty and provide facilities in the interests of social welfare using a community development process To improve the conditions for the inhabitants of Northern Ireland {mainly East Belfast and Antrim) and its environs The advancement of health via mild Mental Health interventions To assist the relief of those in need by reason of youth, age, ill health or other disadvantages The vision that shapes our annual activities remains our focus on meeting the needs of those who find themselves impoverished or marginalized in our society. In shaping our activities for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidants 'public benefit,: running a charity (PBR1 July 16) The charity relies on grants. donations and the income from fees and charges to cover its running costs. Affordability and aCsS are important to us and is reflected in our pricing policy around Day Care and After School provision. We endeavour to encourage all within our community to avail of our services and this shows in the diversified mix of recipients across our activities. Our mission statement is- Oasis exists as a practical demonstration of God's love within the communities of East Belfast and Antrim By offering support, training and resources we wish to see people empowered within their personal. family and community lives as a practical demonstration of God's love in the community of East Belfast and Antrim. The enablers for this are summarised in the Activities below.. Improving the quality of people's lives by offering practical training to help them back to work and help build their self-confidence so that they can make decisions on their own. Offering activities including a range of training, including personal development, computer skills, preparation for employment and essential skills training. Offering befriending projects for people with minor mental ill health and older, house-bound individuals Offering Early Years provision, at affordable price and in partnership with Social services providing childcare places, family visits and support for vulnerable parents. We also offer both after-school full daycare services We run a substantive prograrn designed for and specifically aimed at supporting those finding education difficult We run, in conjunction with the local churches. a Food Bank in Antrim for the benefit of those requiring this intervention in the surrounding community and have sourced a new unit for pack and dispatch centre move to new premises completed in June 2022
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) fcontlnued) Year ended 31 December 2022 Oasis Strategic Aims To promote mental well-being To create opportunities for people to gain knowledge and skills to achieve their full potential To contribute to the well-being and development of children and young people. To develop sustainable businesses that meet needs, create jobs and generate income. To create opportunities for people to engage by volunteering within an Oasis volunteer development program To create a sustainable and effective organization for delivering high quality seNices and programs. Vital to our role in the community is participation in Community groups seeking to achieve similarpurposes.. To be an active member and key recipient of referrals from the Family Hub in Inner East To be an active member and key recipient of referrals from the Family Hub in Outer Belfast To be an active member and key recipient of referrals from the Mental Health Hub East Belfast To be a key member of Inner East Membership Forum To be an active participant in Eastside Learning To attend and input to the Anti-Poverty Strategy in East Belfast To contribute to the East Belfast Locality Planning group To contribute and take part in ANTRIM by collaboration with a variety of same minded groups like Home start, Antrim Sign Language Community, Kinship Café, Safe space to be Me. Daisy Counselling sessions, Basic IT training for the community, Womens Aid, CAB, CAP strategic report The following sections for achievements and performance and financial review form the strategic report of the charity.
Oasis - Caring in Action Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 December 2022 Achievements and performance In 2022 we achieved our primary goal of running OCIA on a firm financial footing whilst ensuring the board supported the staff to maintain the programs that have served OCIA well across Inner East Belfast and Antrim. Having completed the execution of the Strategic plan outlayed in agreement with the Board of Oasis and BDO we then faced into a cost of living crisis , which has affected both staff and clients throughout 2022.we thought the pandemic was difFicult , but the cost of living crisis aligned to the paralysis within Nl Govt has meant 2022 and 2023 are more difficult than even the Covid 19 years but Praise the Lord we have survived and indeed thrived with His help. Many difficult situations were unearthed by the staff, they identified solutions, hatched a plan and executed these to perfection and the joy and appreciation of the clients, the dedicated staff were a real life saver on occasions Oasis Caring in Action Belfast.. What we dol Imago Project delivered professional medium term 1-1 Befriending for those suffering from anxiety and depression or any mental health situations. We deliver the service to in excess of 84 individuals for up to 6 months on a one to one basis . During 2022 we have seen improvement in people's lives. We exceeded our agreed targets and saw many outstanding results for the effort deployed by the staff. Many individuals were given sufficient support and confidence to allow them to fully function in the community raising their self-esteem and self-confidence whilst improving the well-being of the community. 5 Imago Self Help Groups were successful in setting up, with the help of existing clients and volunteers,: Art, History, Knit and Knatter. Fishing and Music, Through 2022 we had the privilege of delivering a substantive program that allowed individuals to get their lives back on track. We met every client either f2f or remotely via phone or facetime. always going the extra mile to ensure we helped touch the lives of the most vulnerable positively. 2 Imago Men s Self Help Groups.. In 2022 the mens self help groups have established them selves into a walking group and a Belfast centric breakfast group led by one of the Imago befienders the group has grown from strength to strength throughout 2022 Early Years continued to deliver excellent and affordable childcare sought by both parents and the statutory sector. We accommodated up to 100 children every week in our 2 different sites. Oasis continued to make a difference in the lives of many families and children. This area continued to get particular focus throughout 2022 as we invested to ensure we made it fit for purpose to ensure the children are looked after in a positive setting, with updated equipment and well-trained staff and continued to provide a car for school pickups. Family Support We have a family support program linked into the local family support hubs which initiate visits to those needing assistance within the environ of their home to help parents I carers with bringing up and education of their children .The Iwo key workers also act as a sign post to help the parents Icarers seek out help with education finance housing or whatever the needs of the family are. Princes Trust Team We ran three team programs through 2022 catering for 30+ 16 to 24 years assisting them on a journey of discovery from at sometimes very dark places and isolation, to one whereby they have
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) (continued) Year ended 31 December 2022 raised over £3500 for their own chosen community needs , have a new cohort of friends , have a safe place to come and talk"through dangerous truths and most have a much better outlook, all achieved over a 12 week period, all of whom are sign posted on to the next stage to continue their improvements. Good Morning Oasis (formerly Recall) allows for the provision of a befriending SeiCe for elderly and vulnerable people in South and East Belfast, Over the past year we have offered support and friendship on a daily basis to almost 220 people by making a Good Morning telephone call. As well as forming strong relationships and gaining the trust of our service users, we have offered support and advice as well as signposting our users to many different services available to the community. Many different people from South and East Belfast are on the service for many different reasons and we are proud to say, that in the past year, we have built upon existing relationships as well as bringing many new people on to the service and introducing them to the benefits of the Oasis Good Morning Telephone Service. We are building relationships with external organisations such as the Red Cross and in the future, we hope to maintain the high standards for our service as well as being able to expand by bringing on as many new clients as possible Oasis Caring in Action, Antrim - What we dol The old OCIA Centre was transformed and reinvented as Oasis Antrim Community Support Hub (ACSH) in 2022 to address the poor mental health and wellbeing needs of the local community which had been exacerbated by Covid. The Centre now has 134 adults every week. Participants attend various programmes designed to improve their mental health and wellbeing to enable them to develop networks which will support them as they integrate back into the community. To ensure that the Centre is inclusive and works collaboratively to identify and respond to the needs in the local community, the Oasis Antrim Community Partnership Advisory Group was set up. It comprises representatives from the community and voluntary sectors, civic society, elected representatives, the local council, Oasis Caring in Action. and funders. Adult Befriending.'26 women were connected through this programme by the Adult befriender in 2022. To expand this provision, 'Support Bubbles. were established. This invites women to come together for a chat over a coffee and undertake fun activities such as nail painting, drawing groups and swimming. Family Support. The Family Liaison lead worked with 42 families in 2022, this includes the design and implementation of an action plan tailored to the needs of each family. These families are supported in a variety of ways to increase their confidence, equip them to deal with problems that arise and create a more resilient family unit overall. The Smile Baby Programme is a 4-week programme designed for babies born during the pandemic. In 2022 a total of 36 babies were engaged over programmes. The Nurture Hub weekly sessions facilitated 12 mothers and their babies in 2022 to relax and do gentle exercises and stretching for general wellbeing. The weekly Walk & Talk Group encouraged mums and children to come together, chat, make friends while enjoying light exercise. The Summer Programme brought 17 parents Icarers and their children together on a weekly basis one morning per week during the 2022 summer months. Core Women's Group (CWG) In addition to volunteering with other groups within the Centre the CWG continues to meet weekly. CWG in partnership with Christian Fellowship Church (Cfc) supported the School Uniform Scheme in Antrim in 2022 which was a very timely initiative given the financial strain on families brought about by the cost of living crisis. Friendship Hub This Friendship Hub is a monthly initiative that links into the Chatty Café Initiative from the Antrim & Newtownabbey Loneliness Neork. This was initially a drop in facility- however, the scale of the attendance (20+ women) and duration (2.5 hrs) has necessitated its transition from a drop in facility to a more formal group with external speakers and experts addressing the group on
Oasis - Caring in Action Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) {continuedJ Year ended 31 December 2022 relevant topics. The Self-care for a Positive Mindset Group is six-week course that was run seven times in 2022 to a total of 84 women. Many of the attendees indicated that this group gave them a reason to get up in the morning. Crafty Ladies: These 14 women meet weekly and work to a detailed timetable meticulously planned in advance. Multicultural Group.. This group has been very successful is bringing together women from Antrim and Syrian within the Antrim community. The women come together lo learn about each other's cultures and enjoy crafting together. 30 women attended multicultural summer outings in the summer of 22. Creations by Oasis.. This social enterprise was established through lockdown when group members decided to sew face masks and sell them with the proceeds going to the ACSH foodbank. It expanded in membership and range to include knitting baby clothes for women in need and making jewellery, tote bags and pictures. The proceeds are used to support other charities in the area The Community Pharmacy Partnership ACSHbring together women in the community with the local Boots Pharmacist, to address, and reduce, health inequalities. The goal is for participants is to optimise the health and well being supports available from the local pharmacy. This includes informal advice and guidance on, dealing with anxiety, relaxation, and sleep, exercising your brain, herbal remedies and managing pain. The Men s Group ACSH under the leadership of an Oasis board member commenced a Men's Group in 2022. 12 men of varying ages participated in this group which meets weekly for chat, craic, and trips to locations they have expressed an interest in.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) fcontinuedj Year ended 31 December 2022 Achievements and performance (continued) Antrim Foodbank Antrim Foodbank is part of the Trussell Trust's 400-strong network of food banks. which provides three days, nutritionally balanced emergency food and support to people who are in crisis. From a substantive base in 2021 there was a marked increased need and the crisis continued in 2022 with an estimated rise of 60 % in the numbers of the Antrim community now availing of their local Foodbank. To strengthen the underpinning infrastructure, the Foodbank Volunteer Support Group continues to run on a quarterly basis. It supports in excess of 40 foodbank volunteers and provide training and development on the effective running of the foodbank, new working procedures and health and safety training. Central Administration We managed our organization across an even wider range of locations, we continued to deliver essential HR provision for staff and the organization. The reduction in funding for the Voluntary and Community sector continued to present a major challenge for us; therefore, a significant amount of time was spent preparing funding applications in 2022 Finally I would like again to reiterate the thanks of myself and the Board to the staff , funders , donors and volunteers at Oasis across all sites who have made this possible in 2022 and for their hard work in making Oasis the dynamic organisation it is today. We will work across 2022 12023 to continue to manage the finances in a prudent factor to match the hard work and endeavour that is delivered day in day out. Our Volunteers OCIA across all sites is very involved in the community and relies heavily on voluntary help. Alongside some 20 volunteers who help with oversight and governance we have over 40 volunteers who help directly in the running of the projects. Our volunteer policy allows us to manage this appropriately. 10
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2022 Financial review We incurred a net loss £881 for the year to December 2022 following a profit in 2021 of £118,668. By 31 st December 2022 we have FULLY implemented the BDO recovery plan produced in May 2017 and implemented changes to our policies and procedures across the charity. We are planning a further strategic review in 2023 We have updated our financial processes and procedures document for the sixth time in 2022 OCIA is debt free and we work at clearing all creditors within 3045 days It has been a necessarily slow process due to us working hard to limit damage around the human aspect and the public benefit aspect but OCIA has now been fully restructured and we have a clearly re-focused team who will ensure they support the excellent staff who run the projects now and did so through 2015 to 2021 whilst this restructure change in circumstances was evolving. We believe we can look forward to the future with renewed confidence. We are looking at Board Development and a Succession planning including growing near term leadership in 2023 Plans for future periods It is our intention to run the charity on a prudent and balanced basis. As regards programmes we are committed to continuing.. Antrim Youth ways Funder.. Henry Smith Antrim Pharmacy Project Funder: CDNC Antrim Befriending Programme Funder: Enkalon and Halifax Charity Fund Antrim Hub Funder: Community Fund Antrim Premises Funder= A&NB Council Bild Fund Early Years Family Support Funder." BHSCT Early Years Sponsored Day-care Funder. BHSCT Early Years 04 Childcare Funder: Pathway Imago Befriending Funder= Public Health Agency Princes Trust Team Programme Funder: PT Recall "Good Morning Service, Funder: Department for Communities and NIHE Oasis General Community Building Funder: BCC Capacity Fund Oasis Inner East Neighbourhood Renewal Funder: DFC Community Development Programme Trustees, responsibilities statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. 11
Oasis- Caring in Action Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) fcontinuedj Year ended 31 December 2022 In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK 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 adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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. Auditor Each of the persons who is a trustee at the date of approval of this report confirms that-. so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware, and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audil information and to establish that the charity's auditor is aware of that information. The trustees, annual report and the strategic report were approved on 21 June 2023 and signed on behalf of the board of trustees by- Jame Trustee McKay Mr Donald Eastop Trustee 12
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action Year ended 31 December 2022 Opinion We have audited the financial statements of Oasis - Caring in Action (the 'charity') for the year ended 31 December2022 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 December 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UKII and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements_ We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 13
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action (continued) Year ended 31 December 2022 Other information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements., and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns-, or certain disclosures of truslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. 14
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action {continued) Year ended 31 December 2022 Responsibilities of trustees As explained more fully in the trustees, responsibilities statement, the trustees '(who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. 15
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action (continued) Year ended 31 December 2022 Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: the nature of the industry and sector, control environment and business performance including the design of the remuneration policies, key drivers for directors, remuneration, bonus levels and performance targets" results of our enquiries of management about their own identification and assessment of the risks of irregularities.. any matters we identified having obtained and reviewed documentation of their policies and procedures relating to- identifying, evaluating and complying with laws and regulations and whether management were aware of any instances of non-compliance" detecting and responding to the risks of fraud and whether management have knowledge of any actual, suspected or alleged fraud- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations_ the matters discussed among the audit engagement team including significant component audit teams and relevant internal specialists, including tax and valuations specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud. In common with all audits under ISAS (UK), we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included ongoing compliance with the UK Companies Act and tax legislation. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental for their ability to operate or to avoid a material penalty.
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action (continued) Year ended 31 December 2022 As part of an audit in accordance with ISAS {UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or. if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation. structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 17
Oasis- Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action (continued) Year ended 31 December 2022 We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. Conor Dolan (Senior Statutory Auditor} For and on behalf of Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN 21 June 2023 18
Oasis- Caring in Action Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 December 2022 2022 Restricted funds Total funds Total funds 2021 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Investment income 83,732 267,058 111 2,672 12,351 661,677 96,083 928,735 111 2,672 134,853 906,788 27 Total income 353.573 674,028 1,027,601 1,041,668 Expenditure Expendilure on charitable activities Total expenditure 9,10 117,464 911,018 1,028,482 1,028.482 930,600 117,464 911,018 930,600 Net {expenditure)lincome 236,109 (236,990) 1881} 111,068 Transfers beeen funds (306,204} 306,204 Net movement in funds (70,095) 69,214 (881) 111,068 Reconciliation of funds Total funds brought forward Total funds carried forward 581,662 67,761 649,423 538,355 511,567 136,975 648,542 649,423 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 22 to 35 form part of these financial statements. 19
Oasis - Caring in Action Company Limited by Guarantee Statement of Financial Position 31 December 2022 2022 2021 Note Fixed assets Tangible fixed assets 16 19,228 25,638 Current assets Debtors Cash at bank and in hand 17 56,421 659,719 33,772 699,526 716,140 733,298 Creditors: amounts falling due within one year Net current assets 18 86,826 109,511 629,314 623,787 Total assets less current liabilities 648,542 649,423 Net assets 648,542 649,423 Funds of the charity Restricted funds Unrestricted funds 136,975 511,567 67,761 581,662 Total charity funds 21 648,542 649,423 These financial statements were approved by the board of trustees and authorised for issue on 21 June 2023, and are signed on behalf of the board by-. Mr Donald Eastop Trustee The notes on pages 22 to 35 form part of these financial statements. 20
Oasis- Caring in Action Company Limited by Guarantee Statement of Cash Flows Year ended 31 December 2022 2022 2021 Cash flows from operating activities Net (expenditure)lincome (8811 111,068 Adjustments for.. Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges Accrued income 6,408 12,672) 1,550 (20,149) 8,299 1,472 Changes in.. Trade and other debtors Trade and other creditors {1,300) 123,885) (40,929) 34,800 19,981 175,620 Cash generated from operations Interest paid Interest received (1,550) 2,672 {1,472) Net cash {used in)Ifrom operating activities {39,807) 174,148 Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (4,939) (4,939) Net (decrease)lincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (39,8071 699,526 169,209 530,317 659,719 699,526 The notes on page5 22 to 35 forrn part of these financial statements. 21
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2022 General information The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in England and Wales. The address of the registered ofFice is 81-83 Castlereagh Street, Belfast, County Antrim, BT5 4NF. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 22
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Accounting policies fcontinuedj Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned lo charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure Categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 23
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Accounting policies (oontinued) Tangible assets (continued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Fixtures and fittings Motor vehicles Equipment 25 /0 reducing balance 25 % reducing balance 25 /0 reducing balance Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal al each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the Charity are assigned to those units. Financial instruments A financial asset or a financial liability is recogriised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 24
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Accounting policies (confinuedj Financial instruments {continuedJ Vvhere investments in shares are publicly traded or their fair value Can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of Ihe future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are reoognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee Oasis Caring in Action is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity 25
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements fcontinuedj Year ended 31 December 2022 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2022 Donations GiftslDonations Income - restricted GiftslDonations income - unrestricted 12,351 12,351 83,732 96,083 83,732 83,732 12,351 Unrestricted Funds Restricted Total Funds Funds 2021 Donations GiftslDonations Income - restricted GiftslDonations income - unrestricted 13,976 13,976 120,877 120,877 120,877 13,976 134,853 26
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements (¢onlinued) Year ended 31 December 2022 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2022 Antrim and Newtownabbey Borough Council APEX Housing Belfast City Council Belfast Health & Social Care Trust Big Lottery Fund CLEAR Project Tesco Community Development and Health NeIOrk Community Foundation Department of Communities Department for Justice East Belfast Alternatives Enkalon Foundation Halifax Foundation Henry Smith HSC Public Health Agency HSBC Kids Together McKay Pharmacy Partnership NFU Northern Ireland Housing Executive Pathway Fund Princes Trust Radius Housing Safe Return Fund Scaffolding Project Trussell Trust Early Years - CRSF HMRC Lifestart Foundation Belfast City Council Heart Project Fees and Earned Income 36,474 36,474 13,640 64,848 19,883 5,118 875 8,000 139,953 71,767 2,950 13,640 64,848 19,883 5,118 875 8,000 139,953 71,767 2,950 59,195 118,204 59,195 118,204 7,500 30.000 54,600 7,500 30,000 54,600 28,670 28,670 10,707 2,387 380 204 253.380 10,707 2,387 380 204 253.380 267,058 661,677 928,735 27
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Charitable activities (continuedj Unrestricted Funds Restricted Total Funds Funds 2021 Antrim and Newtownabbey Borough Council APEX Housing Belfast City Council Belfast Health & Social Care Trust Big Lottery Fund CLEAR Project Tesco Community Development and Health Network Community Foundation 12,155 337 14,210 133,642 93,485 2,500 12,155 337 14,210 133,642 93,485 2,500 8,000 16,605 8,000 16,605 È-:li Department of Communities Department for Justice East Belfast Alternatives Enkalon Foundation Halifax Foundation Henry Smith HSC Public Health Agency HSBC Kids Together McKay Pharmacy Partnership NFU Northern Ireland Housing Executive Pathway Fund Princes Trust Radius Housing Safe Return Fund Scaffolding Project Trussell Trust Early Years - CRSF HMRC Lifestart Foundation Belfast City Council Heart Project Fees and Earned Income 82,636 6,068 1,500 8,937 5,000 9,872 118,436 1,000 1,000 5,000 6.452 6,875 24,000 57,000 500 3,050 600 25,328 82,636 6,068 1,500 8,937 5,000 9,872 118,436 1,000 1,000 5,000 6,452 6,875 24,000 57,000 500 3,050 600 25,328 33,858 7,681 33,858 7,681 221,061 262,600 221,061 644,188 906,788 other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Other income 111 111 27 27 28
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (Continued) Year ended 31 December 2022 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Bank interest receivable 2,672 2,672 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2022 Charitable activities Support costs 117,464 831,415 79,603 948,879 79,603 1,028,482 117,464 911,018 Unrestricted Funds Restricted Total Funds Funds 2021 Charitable activities Support costs 1,251 201,504 727,845 729,096 201,504 202,755 727,845 930,600 10. Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2022 Total fund 2021 Charitable activities Governance costs 948,879 67,221 12,382 1,016,100 12,382 917,182 13,418 948.879 79,603 1,028,482 930,600 11. Analysis of support costs Analysis of support costs Total 2022 Total 2021 staff costs Premises Communications and IT General office Finance costs Governance costs 59,521 3,400 59,521 3,400 159.464 14,651 5,765 7,465 741 13,418 2,750 1,550 12,382 2,750 1,550 12,382 79,603 79,603 201,504 29
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 12. Net (expenditure)lincome Net (expenditure)lincome is staled after charging/{crediting)'. 2022 2021 Depreciation of tangible fixed assets 6,408 8,299 13. Auditors remuneration 2022 2021 Fees payable for the audit of the financial statements 8,400 7,200 14. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2022 2021 Wages and salaries Social security costs Employer contributions to pension plans 715,289 42,356 11,282 688,109 35,966 9,647 768,927 733,722 The average head count of employees during the year was 57 (2021- 61). No employee received employee benefits of more than £60,000 during the year (2021= Nil). Key Management Personnel The key management personnel of the Charity were the CEO, together with the Managers of Finance, Early Years, Imago, Antrim, Princes Trust and Recall. The total employee benefits of the key management personnel were £233,694(2021.' £221,777) 15. Trustee remuneration and expenses The Charity Trustees were not paid or received any benefits from employment with the Charity in the year, neither were they reimbursed expenses during the year. No Trustee received payment for professional or other services supplied to the Charity. 30
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 16. Tangible fixed assets Fixtures and fittings Motor vehicles Equipment Total Cost At 1 January 2022 and 31 December 2022 26,201 20,000 15,426 61,627 Depreciation At 1 January 2022 Charge for the year At 31 December 2022 18,241 1,919 10,003 2,499 7,747 1,990 35,991 6,408 20,160 12,502 9,737 42,399 Carrying amount At 31 December 2022 6,041 7,498 5,689 19,228 25,636 At 31 December 2021 7,960 9,997 7,679 17. Debtors 2022 2021 Trade debtors Prepayments and accrued income Other debtors 23,440 29,314 3,667 22,553 9,375 1,844 56.421 33,772 18. Creditors: amounts falling due within one year 2022 2021 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 662 90,323 10,461 8,065 66,194 11,481 9,151 86,826 109,511 19. Deferred income 2022 2021 At 1 January 2022 Amount released to income Amount deferred in year At 31 December 2022 83.123 (83,123) 57,794 57,742 (57,7421 83,123 83,123 57,794 31
Oasis- Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 20. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £11,28212021.' £9,647). 21. Analysis of charitable funds Unrestricted funds At 31 December 2022 At 1 January 2022 Income Expenditure Transfers General funds 581,662 353,573 (117,464) {306,2041 511,567 At 31 December 2021 At 1 January 2021 Income Expenditure Transfers General funds 400,913 383,504 1202,755} 581,662 Restricted funds At 31 December 2022 At 1 January 2022 Income Expenditure Transfers Early Years Imago Recall Good Morning Belfast Foodbank McKay Pharmacy Partnership Princes Trust Enkalon Foundation CEO 14,153 100,447 123,962 {360,1071 (122,0021 251,836 204 6,329 2,164 7,027 30,659 44,283 41,456 {47.583} {79,246} 1.275 40,677 5,002 33,546 5,006 54,792 {64,492) 4,694 44,134 (44,447) 313 32
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 21. Analysis of charitable funds (continued) Antrim - Youthways Antrim - Other Halifax Foundation COVID Fund General restricted funds Antrim - Community Foundation Antrim - Henry Smith Big Lottery Dormant Funding ANBCC - Good Relations Funding 26,447 {33,575) 7,128 10,916 17,809 (1,088) 27,637 139,953 59,195 {102,109) {54,625) 37,844 4,570 19,883 19,883 1,667 674,028 (1,744) {911,018) 77 67,761 306,204 136,975 Transfers have taken place in the year in relation to funding received in the year by fees and other income which are deemed to be unrestricted. This income has been transferred from unrestricted to restricted funding to allow for it to be offset against the project it was used to support. At 1 January 20 21 At 31 December 2021 Income Expenditure Transfers Early Years Imago Recall - Good Morning Belfast Foodbank McKay Pharmacy Partnership Princes Trust Enkalon Foundation CEO Antrim - Youthways Antrim - Other Halifax Foundation COVID Fund General restricted funds Antrim - Community Foundation Antrim - Henry Smith Big Lottery Dormant Funding ANBCC- Good Relations Funding 108,643 1,053 164,191 122,14S {258,681) {123,199) 14,153 7,448 10,964 53,727 37,820 {54,148) {18.125) 7,027 30,659 1,356 4,942 3,036 5,000 57,981 6,444 46,653 93.485 41,239 7,494 3,075 18,909 (6.356) {57.917) (9.480) (46.653) {93.485) (41.239) (7.494) (3.075) (7,993) 5,006 10,916 137,442 658,164 1727,845) 67,761 33
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (contlnuedj Year ended 31 December 2022 21. Analysis of charitable funds (continued) Afterschool's A restricted grant to fund an afterschool's group. Daycare Restricted grants to fund daycare programme activities. Inbetweeners A restricted grant to provide a childcare facility for children aged between 8 and 11. Imago A restricted grant to fund a befriending project for people with mental health issues. Belfast City Council Restricted grants to fund general running costs. Belfast Regeneration Office A restricted grant to fund the salary of one staff member. Department for Communities - CEO This was funding granted by the department to cover the salary of the CEO of Oasis - Caring in Action. Antrim - Youthways Funding made available to support young people disengaged from education and at risk. Recall - Big Lottery/Henry Smith Restricted grants to fund a free community based good neighbour support service for older and vulnerable people. Recall- All Other This funding is made available to run a telephone befriending service available to elderly and vulnerable residents in the Belfast area Department of Social Development A restricted grant for the purchase of new computer equipment. Pathway This fund is a grant for providing su pport services to families with children aged 0-4 years. 34
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 22. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2022 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,860 538,739 {29,032) 511,567 17,368 177,401 (57,794) 136,975 19,228 716,140 (86,826) 648,542 Unrestricted Funds Restricted Total Funds Funds 2021 Tangible fixed assets Current assets Creditors less than 1 year Net assets 2,477 692,910 (107,404) 587,983 23,159 25,636 40,388 733,298 12,107) (109,511> 61,440 649,423 23. Analysis of changes in net debt At At 1 Jan 2022 Cash flows 31 Dec 2022 Cash at bank and in hand 699,526 {39,809) 659,717 35
Oasis - Caring in Action Company Limited by Guarantee Management Information Year ended 31 December 2022 The following pages do not form part of the financial statements. 36
Oasis - Caring in Action Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 December 2022 2022 2021 Income and endowments Donations and legacies GiftslDonations Income - restricted GiftslDonations income - unrestricted 12,351 83,732 13,976 120,877 96,083 134,853 Charitable activities Antrim and Newtownabbey Borough Council APEX Housing Belfast City Council Belfast Health & Social Care Trust Big Lottery Fund CLEAR Project Tesco Community Development and Health Network Community Foundation Department of Communities Department for Justice East Belfast Alternatives Enkalon Foundation Halifax Foundation Henry Smith HSC Public Health Agency HSBC Kids Together McKay Pharmacy Partnership NFU Northern Ireland Housing Executive Pathway Fund Princes Trust Radius Housing Safe Return Fund Scaffolding Project Trussell Trust Early Years - CRSF HMRC Lifestart Foundation Belfast City Council - Heart Project Fees and Earned Income 36,474 12,155 337 14,210 133,642 93,485 2,500 13,640 64,848 19,883 5,118 875 8,000 139,953 71,767 2,950 8,000 16,605 82,636 6,068 1,500 8,937 5,000 9,872 118,436 1,000 1.000 5.000 6,452 6,875 24,000 57,000 500 3,050 600 25,328 33,858 7,681 59,195 118,204 7,500 30,000 54,600 28,670 10,707 2,387 380 204 253,380 221,061 928,735 906,788 37
Oasis - Caring in Action Company Limited by Guarantee Detailed Statement of Financial Activities (continued) Year ended 31 December 2022 2022 2021 other trading activities other income 111 27 Investment income Bank interest receivable 2,672 Total income 1,027,601 1,041,668 38
Oasis - Caring in Action Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 December 2022 2022 2021 Expenditure on charitable activities Charitable activities Activities undertaken directly Wages and salaries Employer's NIC Pension costs Rent Rates & water Light & heat Repairs & maintenance Insurance Vehicle expenses Motorltravel costs Legal and professional fees Telephone Printing, postage and stationary Depreciation Bank charges Beneficary costs Advertising Staff training and expenses Subscriptions and membership renewal Tutor costs Volunteer expenses Certification Resources GiftslDonations Hospitality Capital expenditure Early Years Lucnhes Bad debt General running costs 655,768 42,356 11,282 31,091 392 17,478 34,716 6,553 1,123 6,090 1,551 9,992 4,617 6,408 529,324 35,287 9,647 25,844 11,351 18,344 7,183 1,102 3,114 310 5,381 2,734 8,299 731 33,079 3,049 4,105 3,130 63,292 1,438 4,388 2,941 3,700 3,712 1,420 11,018 5,584 12,799 1,155 1,731 8,576 5,065 3,206 1,219 6,142 (12) 8,323 847 948,879 729,096 39
Oasis - Caring in Action Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (continued) Year ended 31 December 2022 Support costs 2022 2021 Wages and salaries Employer's NIC Rent Rates & water Light & heat Repairs & maintenance Insurance Motorltravel costs Telephone Printing, postage and stationary Bank charges Admin Support Costs Advertising and marketing Staff training and expenses Subscriptions and donations Tutor costs Resources GiftslDonations Hospitality 59,521 158,785 679 3,278 349 2,960 1,353 6,711 32 5,765 1,970 741 1,531 1,869 1,110 1,550 559 80 1,079 717 1,800 673 288 826 1,081 67,221 188,086 Governance costs Governance costs - accountancy fees Governance costs - audit fees Governance costs - legal and other professional fees 3,982 8,400 5,240 7,200 978 12,382 13.418 Expenditure on charitable activities 1,028,482 930,600 Net (expenditure>lincome (881) 111.068 40