COMPANY REGISTRATION NUMBER: N1032295 CHARITY REGISTRATION NUMBER: NIC 100881 Oasis - Caring in Action Company Limited by Guarantee Financial Statements 31 December 2024 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 2024 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members Statement of financial activities (including income and expenditure account) Statement of financial position 15 16 Statement of cash flows 17 Notes to the financial statements 18
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 December 2024 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 2024. Chair's report Reference and administrative details Registered charity name Oasis - Caring in Action Charity registratlon number NIC 100881 Company registration number N1032295 Principal office and registered 81-83 Castlereagh Street office Belfast County Antrim BT5 4NF The trustees Mrs Helen Newell Ms Gillian Wright Mr Aubrey Sayers Mr James McKay Mr Michael Patterson Mr Donald Eastop Mr Stephen Todd Mr David Mark (Appointed 30 April 2025) (Appointed 23 April 2025) (Resigned 1 November 2024) (Resigned 1 November 2024) (Resigned 21 February 2024) 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 2024 Structure, governance and management Oasis-caring in Action is a company limited by guarantee, incorporated on 22 April 1997, accepted a s a charity for tax purpose by HM Revenue and 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 21 May 2025. The key personnel of the Charity are the CEO and the Managers of Finance, Early Years, Imago, Antrim Foodbank, Princes Trust and Good Morning Oasis. Oryanisational Structurn 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 members is limited to £1. New directors are briefed about their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee, the decision-making process, the business plan and the 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 which will facilitate the undertaking of their role. Public Benefit Activities Oasis Caring in Action (Oasis) has been set up to relieve povety and to provide facilities in the interests of social welfare using a community development process. It desires to help improve the conditions of life of the inhabitants of Northern Ireland (mainly East Belfast) and its environs and to work with partners in other disadvantsged areas of the world.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continuedj Year ended 31 December 2024 Objectives and activities Ourpurpose and activities 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 activities is focussed upon meeting the needs of those who find themselves impoverished or marginalised in our society. To this end, the trustees have considered the Charity Commissions guidance on public benefit. The charity relies on grants, donations from individuals and income from fees. Affordability and access are of paramount importance to Oasis and is reflected in our pricing policy (for after schools and childcare provision). We endeavour to ensure that our activities are accessible to all within our community, irrespective of background. This is evident in the diversity present in all levels of our charity. Our mission statement Oasis exists as a practical demonstration of God's love for the communities of East Belfast and Antrim. We offer training and resources wishing to see people empowered within their personal, family and community lives as practical evidence of God's love. The following priorities presently guide our work- Improving the quality of people's lives by offering practical training to help them back to work or to find work and to enhance self-esteem, self-confidence, and lif&choices. Offering activities including a range of training including personal development, IT skills, preparation for employment and essential skills (literacy and numeracy). Offering affordable and accessible early years provision in partnership with Health and Social Services, thus providing childcare places, family visitation, and support for vulnerable parents. We will also offer after-school full-day services. Offering befriending services for people with mild ill-health challenges and for those isolated by illness, old-age or other difficulties in their homes. Offering programmes focussed upon focussing upon education for those who have ben unable to benefit in that regard from school life. Providing food to those who are struggling to make ends meet.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2024 Strategic report The following sections for achievements and performance and financial review form the strategic report of the charity. Achievements and performance In 2024 we achieved our primary goal of running Oasis on a firm financial footing whilst ensuring the Board supported staff to maintain the programs that have served participants well across Inner East Belfast and Antrim. Having completed the execution of the Strategic plan developed in agreement with the Board of Oasis and BDO we then set about ensuring adequate funding was acquired, in an increasingly competitive environment, to sustain our valuable work. Being substantially dependent upon government departments for funding, we seemed to hang in limbo, as those departments awaited confirmation of their budgets in the new financial year. We, nonetheless, have continued to fulfil our objectives. Many demanding situations were encountered by the staff. They identified solutions, established plans of action with clients and carried these to perfection to the joy and appreciation of all. The dedicated staff were indeed a real life saver on occasions. There is no doubt that the closure of so much of Oasis work in Antrim, due to loss of funding in 2023, left a difficult legacy in the early part of 2024. It was sorrowful for Belfast staff to see colleagues have to move on from the sphere of Oasis activity. The Antrim Foodbank remained open throughout the year, nonetheless, and was ably led by a strong committee of Antrim people. Oasis Caring in Action Belfast.. Current Activities Imago Project delivered professional medium term 1-1 Befriending for those suffering from anxiety and depression or any other mental health situations. We delivered the service to in excess of 99 individuals for up to 6 months on a one to one basis. During 2024 we have seen significant improvement in the lives of clients. We exceeded the targets agreed with funders and saw many outstanding results due to the skill and commitment of staff. Many individuals were given sufficient support and confidence to allow them to fully function in their homes and in the community. They experienced increased self-esteem and self-confidence and the well-being of the community at large was enhanced as a result Imago Self Help Groups (Mental Health Pmgramme) continued with the help of existing clients and volunteers. Programmes carried out included Art, History, Knit and Knatter, craft group, Fishing and Music. During 2024 we had the privilege of delivering a diverseprogram that allowed many individuals to get their lives back on track. We met every client either in person or remotely via phone or facetime. always going the extra mile to ensure we helped touch the lives of the most vulnerable positively. Imago Overview In 2024 Imago received 257 referrals. The target had been set at 160. Contact had been made during the year with 1973 individual visits. The Imago team see meaningful changes in clients with regard to their mood and well-being. The work is established on trusting relationships, allowing clients to confide in and relax with staff. The Imago team require 30 more hours of work and need a resource with which to secure those supplementary hours of work. Early Years continued to deliver excellent and affordable childcare sought by parents and by statutory agencies. We accommodated up to 85 children every week. Oasis continued to make a difference in the lives of many families and children. Our provision enhances the economy of the local area as
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 December 2024 many parents are able to work because of our affordable service, This sector of our work continued to get particular focus throughout 2024 as we invested to ensure we made it fit for purpose to ensure that children are looked after in a positive and uplifting setting. Equipment was updated and staff received the most up-to-date training. We continued to provide a vehicle for school pickups. Family Support We have a family support program linked into the local Family Support Hubs which carries out visits to those needing assistance within the home, to help parents I carers with bringing up and educating their children. The key workers also act as a sign-posters to help the parents Icarers seek out help with education, finance, housing or whatever the needs of the family happen to be. Princes Trustee Team We ran team programs through 2024 catering for 16, 16 -24 year olds, assisting them on a journey of discovery often from very dark and difficult places and isolation. A few weeks into their programme, the young people show evidence of thriving. They make presentations to their group, raise money for other charitable works in their community, have a new cohort of friends have a safe place to come and talk through challenging truths and have a much better outlook. This is is all achieved over a 12 week period. All young people are sign-posted towards the next stage to continue their improvements when the programme ends. Nxt Gen Youth Project When Princes Trust ended funding of our youth work, we were delighted to receive funding from the Henry Smith Charity to sustain our high quality interventions with young people at the edge of society. We engaged young people in re-imagining our provision. A new development emerged, which the youths decided should be called Nxt Gen. The first Nxt Gen programme began towards the end of the year. Twelve young people participated in a range of developmental activities, all of them progressing to further development opportunities at the conclusion of their programme experience. Good Morning Oasis provides a befriending service for elderly, vulnerable and isolated people in South and East Belfast. Over the past year we have offered support and friendship on a daily basis to 260 people by offering 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, and have sign-posted our users to many different services available to the community. Many different people from South and East Belfast are on the service and for many different reasons we can confidently say that in the past year, we have built upon existing relationships and have welcomed many new people on to the service and have introduced them to the benefits of the Oasis Good Morning Telephone Service. We are building relationships with external organisations such as the Red Cross. In the future, we hope to maintain the high standards for our service and to be able to expand by bringing on as many new clients as possible. Antrim Foodbank Antrim foodbank is part of the Trussell Trust's 400-strong nelwork 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 2023 with an estimated rise of 600 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 meet on a a quarterly basis. It supports in excess of 40 foodbank volunteers and provides training and development on the effective running of the foodbank, new working procedures and health and safety. Central Administration- Oasis Caring in Action We continued to sustain the number of staff that would enable us to support the Project and to provide the personnel needed to sustain our range of programmes. The reduction in funding for the Voluntary
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2024 and Community sector continued to present a major challenge for us. The loss of European Social Funding (following Brexit) significantly raised the number of Projects requesting funding from a smaller field of sources. A significant amount of time was spent preparing funding applications in 2024 and in in maintaining flows of reports to funders who did support us. We are very grateful to the staff, funders, donors and volunteers at Oasis across all sites who have made the continuance of our valuable programmes possible in 2024 and for their hard work in making Oasis the dynamic organisation it is today. We will work throughout the coming year to manage our finances in a prudent manner to support the hard work and endeavour that is delivered day in day out. Our Volunteers Oasis across all sites is very involved in the community and relies heavily on voluntary help. Alongside the 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 body of valued workers effectively. Financial review We incurred a net deficit of £13,483 for the year to December 2024. This is in the context of reasonable level of reserves to support the charity and is not of significant concern at this stage. Plans for the future show that these reserves will continue to be sufficient for some time. During 2024 we continued to review our policies and procedures across the charity, including those for financial matters. Current assets continue to be well managed and a strong cash balance has been maintained, using a deposit fund to maximise returns. We are looking at Board Development and Succession Planning including leadership training in 2025.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 December 2024 Plans for future periods It is our intention to run our multi-faceted charity on a prudent and balanced basis. We are committed to providing the following programmes in 2025 Early Years Family Support Funder, BHSCT Early Years Sponsored Daycare Funder.'BHSCT Early Years 0-4 Childcare Funder:Pathway Imago Befriending Funder'.Public Health Agency Nxt Gen Youth Project Funder.'Henry Smith Charity Good Morning Oasis Funder.'Nl Housing Executive Dept for Communities Funder-Belfast City Council Dept for Communities Oasis General and Premises Board Development and Succession Planning, as well as leadership training are key for 2025, and with a new CEO in 2024 and a new Chair appointed in 2025, the Board are optimistic for the future of Oasis. 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. 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.
Oasis - Caring in Action Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2024 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 audit 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 12 June 2025 and signed on behalf of the board of trustees by: Ms Gillian Wright Trustee
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action Year ended 31 December 2024 Opinion We have audited the financial statements of Oasis - Caring in Action (the 'charity') for the year ended 31 December 2024 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 2024 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 (UK)} 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 e1ve months from when the financial ststements 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.
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 2024 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 its 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 trustees, remuneration specified by law are not made- or we have not received all the information and explanations we require for our audit. 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. 10
Oasis - Caring in Action Company Limited by Guarantee Independent Auditor's Report to the Members of Oasis - Caring in Action (contlnuedj Year ended 31 December 2024 Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK). Those standards require us to comply with the Financial Reporting Council's (FRC'S) Ethical Standard for Auditors,, in the circumstances set out in note 25 to the financial statements. 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. 11
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 2024 Auditorfs 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, but 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 misststements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following.. 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 ststements 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. 12
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 2024 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 ft)r 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 ststements represent the underlying transactions and events in a manner that achieves fair presentstion. 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. 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 2024 As explained more fully in the Trijstees, Responsibilities Statement (set out on page 11), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing {UK). Those standards require us to comply with the Financial Reporting Council's (FRC'S) Ethical Standard for Auditors,, in the circumstances set out in note 25 to the financial statements. 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 12 June 2025 14
Oasis - Caring in Action Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 December 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Nots Income and endowments Donations and legacies Charitable activities Other trading activities Investment income Other income 35,707 376,5g5 1,682 4,086 4,618 422,688 4,803 468,683 40.510 845,278 1,682 4,086 4,618 47,885 996,391 2,449 6,769 Total income 473,486 896,174 1,053,494 Expenditure Expenditure on charitable activities Total expenditure 10,11 (22,665) (886,9921 {909,657) 11,060,654) {22,665) (886,9921 {909,657) (1.060,654) Net expenditure 400,023 (413,506) (13,483) (7,160) Transfers between funds (328,685) 328,685 Net movement in funds 71,338 (84,821) (13,483) {7.160} Reconciliation of funds Total funds brought forward Total funds carried forward 444,903 196,479 111,658 641,382 648,542 516,241 627,899 641,382 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 19 to 32 form part of these finan¢ial statèments. 15
Oasis - Caring in Action Company Limited by Guarantee Statement of Financial Position 31 December 2024 2024 2023 Note Fixed assets Tangible fixed assets 17 16,620 22,317 Current assets Debtors Cash at bank and in hand 18 27,174 673,725 39,280 676,369 700,899 715,649 Creditors: amounts falling due within one year Net current assets 19 (89,620) 611,279 627,899 (96,584) 619,065 641,382 Total assets less current liabilities Net assets 627,899 641,382 Funds of the charity Restricted funds Unrestricted fvnds 111,658 516,241 196,479 444,903 Total charity funds 22 627,899 641,382 These financial statements were approved by the board of trustees and authorised for issue on 12 June 2025, and are signed on behalf of the board by.. Ms Gillian Wright Trustee The notes on pages 19 to 32 form part of these financial statements. 16
Oasis - Caring in Action Company Limited by Guarantee Statement of Cash Flows Year ended 31 December 2024 2024 2023 Cash flows from operating activities Net expenditure (13,483) (7,160) Adjustments for.. Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges Loss on disposal of heritage assets Accrued expenses 5,785 (4,086) 4,049 296 8,538 7,397 (6,769) 1,543 81 Changes in.. Trade and other debtors Trade and other creditors 3,568 (6,964) (2,297) 17,270 9,548 Cash generated from operations 21,910 Interest paid Interest received (4,049) 4,086 (2,260) (1,543) 6,769 Net cash (used in)Ifrom operating activities 27,136 Cash flows from investing activities Purchase of tangible assets Proceeds from sale of tangible assets Proceeds from sale of heritage assets Net cash used in investing activities (1,266) 1,178 (296) (384) (10,486) (10.486) Net {decrease)lincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (2,644) 676,369 16,650 659,719 673,725 676,369 The notes on pages 19 to 32 form part of these financial ststements. 17
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2024 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 Northern Ireland. 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 {FRS 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. 18
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 Accounting policies (continued) 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 to 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 beeen 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. 19
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (contlnuedj Year ended 31 December 2024 Accounting policies (¢onlinuedJ 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 % reducing balance 25 % reducing balance 25 % 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 at 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 ash-generating 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 recognised 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. 20
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 Accounting policies (continue Financial instruments (contlnuedj Where 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 the 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 ststement 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 recognised 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 21
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 December 2024 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations Income - restricted Donations income - unrestricted 4,803 4,803 35,707 35,707 35,707 4,803 40,510 Unrestricted Funds Restricted Total Funds Funds 2023 Donations Donations Income - restricted Donations income - unrestricted 7,049 7,049 40,836 40,836 40,836 7,049 47,885 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2024 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 NeOrk Community Foundation East Belfast Community Development Agency Connswater Homes Lightbody Foundation Department of Communities Henry Smith HSC Public Health Agency Garfield Weston Northern Ireland Housing Executive Pathway Fund Princes Trust Trussell Trust Fees and Earned Income 862 862 18,815 72,630 833 1,825 18,815 72,630 833 1,825 250 500 600 750 600 10,000 79,929 49,333 142,788 10,000 79,929 49,333 142,788 8,500 32,000 8,810 51,258 8,500 32,000 8,810 51,258 366,345 366.345 376,595 468,683 845,278 22
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 Charitable activities (continued) Unrestricted Funds Restricted Total Funds Funds 2023 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 NeOrk Community Foundation East Belfast Community Development Agency Connswater Homes Lightbody Foundation Department of Communities Henry Smith HSC Public Health Agency Garfield Weston Northern Ireland Housing Executive Pathway Fund Princes Trust Trussell Trust Fees and Earned Income 37,979 37,979 2,300 17,625 77,058 29,882 1,712 625 20,000 69,499 7,000 2,300 17,625 77,058 29,882 1,712 625 20,000 69,499 7,000 87,434 59,200 127,228 10,000 8,250 30,000 56,182 48,627 2,678 690,979 87,434 59,200 127,228 10,000 8,250 30,000 56,182 48,627 305,790 996.391 303,112 305,412 other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Other income 1,682 1,682 2,449 2,449 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 4,086 4,086 6,769 6,769 other income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Gain on disposal of tangible fixed asset 4,618 4,618 23
Oasis - Caring in Action Company Limited by Guarantse Notes to the Financial Statements (continued) Year ended 31 December 2024 10. Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Charitable activities Support costs 13,799 8,866 22,665 814,779 72,213 828,578 81,079 886,992 909,657 Unrestricted Funds Restricted Total Funds Funds 2023 Charitable activities Support costs 58,056 8,610 66,666 923,944 70,044 982,000 78,654 1,060,654 993,988 11. Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2024 Total fund 2023 Charitable activities Governance costs 828,578 72,259 8,820 900,837 8,820 1,052,044 8,610 1,060,654 828,578 81,079 909,657 12. Analysis of support costs Analysis of support costs Total 2024 Total 2023 Staff costs Premises Communications and IT General office Governance costs 67,858 2,699 1,000 702 8,820 67,858 2,699 1,000 702 8,820 81,079 65,552 2,539 1,095 858 8,610 78,654 81,079 13. Net expenditure Net expenditure is stated after chargingl(crediting)'. 2024 2023 Depreciation of tangible fixed assets Gains on disposal of tangible fixed assets Loss on disposal of heritage assets 5,785 (4,618) 296 7,397 24
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 14. Auditors remuneration 2024 2023 Fees payable for the audit of the financial statements 8,820 8,610 15. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans Other employee benefits 645,065 40,522 10,206 708,147 41,724 11,224 10,028 695,793 771,123 The average head count of employees during the year was 39 (2023: 44). No employee received employee benefits of more than £60,000 during the year {2023-. 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 £191,711(2023: £258,626) 16. 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. 25
Oasis - Caring in Action Company Limited by Guarantee Notss to the Financial Statements {continuedJ Year ended 31 December 2024 17. Tangible fixed assets Fixtures and fittings Motor vehicles Equipment Total Cost At 1 January 2024 Additions Disposals At 31 December 2024 26,340 707 20,000 25,773 559 (4,779} 21,553 72,113 1,266 (13,779) 59,600 (9,000} 11,000 27,047 Depreciation At 1 January 2024 Charge for the year Disposals At 31 December 2024 21,654 1,295 14,376 1,406 18,118) 7,664 13,766 3,084 (4,483) 49,796 5,785 (12,601) 42,980 22,949 12,367 Carrying amount At 31 December 2024 4,098 3,336 9,186 16,620 At 31 December 2023 4,686 5,624 12,007 22,317 18. Debtors 2024 2023 Trade debtors Prepayments and accrued income other debtors 14,234 12,940 7,709 21,478 10,093 27,174 39,280 19. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 5,365 67,634 11,625 4,996 7,350 55,571 25.977 7,686 89,620 96,584 26
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 December 2024 20. Deferred income 2024 2023 At 1 January 2024 Amount released to income Amount deferred in year At 31 December 2024 46,961 (46,961) 59,024 57,794 (57,794) 46,961 59,024 46,961 21. 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 £10,206 (2023.. £11,224). 22. Analysis of charitable funds Unrestricted funds At 1 January 20 24 At 31 December 2024 Income Expenditure Transfers General fvnds 444,903 422,688 (22,6651 (328,685) 516,241 At 1 January 20 23 At 31 December 2023 Income Expenditure Transfers General funds 511,567 355.466 (66,666) (355,464) 444,903 Restricted funds At 1 January 20 24 At 31 December 2024 Income Expenditure Transfers Early Years Imago Recall - Good Morning Belfast Foodbank Princes Trust CEO 95,805 145,713 (456,827) (141,747) 361,022 1,900 5,866 3,807 69,944 3,999 38,350 53,685 8,810 46,820 (45,076) (78,208) (40,608) (48,419) 2,919 45,421 27,799 1,599 27
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 22. Analysis of charitable funds (contlnued) Antrim Other General restricted funds Antrim - Community Foundation Antrim - Henry Smith Big Lottery Dormant Funding ANBCC- Good Relations Funding ANBCC- Hardship Fund BCC- Hardship Fund Antrim-BOI Cost of Living Grant Antrim- Garfield Weston Department for Communities Belfast City Council- Premises funding 862 9,373 (7,137) (9,373) 6,275 (48,677) 48,677 4,686 18,731 {786) (23,502) (3,900) 49,333 44,562 15,154 15,154 3,352 15,000 (3,352) {15,000) 1,229 10,000 (574) (10,000) 655 1,295 (1,295) 23,440 (23,440) (886,992) 196,479 473.486 328,685 111,658 At 1 January 20 23 At 31 December 2023 Income Expenditure Transfers Early Years Imago Recall - Good Morning Belfast Foodbank Princes Trust CEO Antrim Other General restricted funds Antrim - Community Foundation Antrim - Henry Smith Big Lottery Dormant Funding 6,329 2,164 111,008 128,140 (381,228) (128,404) 263,891 1,900 5,002 33,546 41,203 59,765 56,182 46,381 28,667 29.847 (47,463) (61,153) (64,695) (47,672) (61,986) {10,407) 5,065 37,786 12,512 1,291 33,319 1,600 3,807 69,944 3,999 27,637 48,677 37,844 4,570 47,697 57,120 {80,855) {42,959) 4,686 18,731 19,883 19,883 {24,612) 15,154 28
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 22. Analysis of charitable funds (continued) ANBCC - Good Relations Funding ANBCC- Hardship Fund BCC- Hardship Fund Antrim-BOI Cost of Living Grant Antrim- Garfield Weston Department for Communities Belfast City Council- Premises funding 8,333 25,000 7,000 (4,981) {10,000) (7,000) 3,352 15,000 21,802 10,000 (20,5731 1,229 10,000 136,975 698,028 (993,988) 355,464 196,479 29
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Ststements (contlnued) Year ended 31 December 2024 22. Analysis of charitable funds (continued) Transfers have taken place in the year due to funding received in the year by fees deemed to be unrestricted to set against the projects. Transfers have also taken place in the year from restricted to unrestricted due to funds received which Oasis have fulfilled all contractual obligations. Afterschool s A restricted grant to fund an afterschool's group. Daycare Restricted grants to fund daycare programme activities. Family Support Funding to provide support for vulnerable families needing assistance in their own homes. Pathways Restricted grant for providing support to families with children 0-4years. Imago A restricted grant to fund a befriending project for people with mental health issues. Department for Communities - CEO This was funding granted by the department to cover the salary of the CEO of Oasis - Caring in Action. Department for Communities -IT Grant to purchase new IT equipment for the organisation. Antrim - Youth Funding to provide an education programme and support for young people disengaged from education and at risk. Antrim - Foodbank Restricted grants to fund a foodbank in the Antrim area for individuals and families struggling to make ends meet. Antrim - Hub Funding to provide a community support hub providing a safe place for individuals to meet. Recall A restricted grant to run a telephone befriending service available to elderly and vulnerable residents in the Belfast area. 30
Oasis - Caring in Action Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2024 23. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 16,620 530,217 (30,596) 516,241 16,620 700,899 189,620) 627,899 170,682 (59,024) 111,658 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 22,317 472,209 (49,623) 444,903 22,317 715,649 (96,584) 243,440 (46,961) 196,479 641,382 24. Corporation tax The Company is a registered charity, and as such is entitled to tax exemptions on income and profits in furtherance of the charity's primary objectives. 25. Ethical standards In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. 26. Contingencies A contingent liability exists to repay grants and Trust monies received should certain conditions not be fulfilled by the charity. In the opinion of the Trustees, the terms of the Letters of Offers have been, or will be, complied with and no liability is expected. 27. Analysis of changes in net debt At At 1 Jan 2024 Cash flows 31 Dec 2024 Cash at bank and in hand 676,369 {2,644) 673,725 31
Oasis - Caring in Action Company Limited by Guarantee Management Information Year ended 31 December 2024 The following pages do not form part of the financial statements. 32
Oasis - Caring in Action Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 December 2024 2024 2023 Income and endowments Donations and legacies Donations Income- restricted Donations income - unrestricted 4,803 35,707 7,049 40,836 47,885 40,510 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 NeOrk Community Foundation East Belfast Community Development Agency Connswater Homes Lightbody Foundation Department of Communities Henry Smith HSC Public Health Agency Garfield Weston Northern Ireland Housing Executive Pathway Fund Princes Trust Trussell Trust Fees and Earned Income 862 37,979 2,300 17,625 77,058 29,882 1,712 625 20,000 69,499 7,000 18,815 72,630 833 1,825 750 600 10,000 79,929 49,333 142,788 87,434 59,200 127,228 10,000 8,250 30,000 56,182 48,627 305,790 996,391 8,500 32,000 8,810 51,258 366,345 845,278 Other trading activities Other income 1,682 2.449 Investment income Bank interest receivable 4,086 6,769 other income Gain on disposal of tangible fixed asset 4,618 Total income 896,174 1,053,494 33
Oasis - Caring in Action Company Limited by Guarantse Notes to the Detailed Statement of Financial Activities Year ended 31 December 2024 2024 2023 Expenditure on charitable activities Charitable activities Activities undertaken directly Wages and salaries Employer's NIC Pension costs Redundancy costs Rent Rates & water Light & heat Repairs & maintenance Insurance Advice office costs Vehicle expenses Equipment hire Motorltravel costs Legal and professional fees Telephone Printing, postage and stationary Depreciation Bank charges Loss on disposal Beneficary costs Advertising Staff training and expenses Subscriptions and membership renewal Tutor costs Volunteer expenses Certification Resources GiftslDonations Hospitality Capital expenditure Early Years Lunches Bad debt 577,207 40,522 10,206 642,595 41,724 11,224 10,028 16,107 478 15,224 22,623 11,931 22,625 459 14,548 10,543 2,504 27,031 799 1,853 181 4,553 24,689 7,718 6,801 7,397 1,543 3,443 13,698 6,320 6,928 5,785 4,049 296 45,816 678 2,185 2,466 551 82,430 2,856 4,886 2,977 3,800 926 486 15,285 4,321 16,634 296 12,879 3,546 369 5,334 3,081 4,963 320 12.968 2.400 Carried ft)rward 828,094 977,991 34
Oasis - Caring in Action Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (continuedj Year ended 31 December 2024 2024 2023 Brought forward 828,094 977,991 General running costs 484 4,009 828,578 982,000 Support costs Wages and salaries Rent Light & heat Telephone Subscriptions and donations 67,858 1,149 1,550 702 1,000 72,259 65,552 848 1,691 858 1,095 70,044 Governance costs Governance costs - audit fees 8,820 8,610 Expenditure on charitable activsties 909,657 1,060,654 Net expenditure (13,483) (7,160) 35