Oasis Village Trust STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 March 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Receipts Donations and legacies Cha ritable activities Investment Income 56,281 56,281 60,506 14,732 Total Income 56,281 56,281 75,238 Payments Raising funds Charitable activities 4,199 56,574 49,716 49,716 Total Payments 49,716 49,716 60,773 Net receipts 1 (payments) Funds brought forward 6,565 34,607 6,565 34,607 14,465 20,142 Funds carried forward 41,172 41,172 34,607
Oasi5 Village Trust STATEMENT OF ASSETS AND LIABILITIES As at 31 March 2024 Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Funds Reconciliation Bank and Cash at start of year 34,607 34,607 20,142 Net movement in funds 6,565 6,565 14,465 Bank and Cash at end of year 41,172 41,172 34,607 Bank & Cash Balances Bank Current Accounts 41,172 34,607 41,172 34,607 Other Assets Gift Aid receivable on donations 7,317 7,317 Approved by the Trustees at a meeting on Af-th 2024 and signed on its behalf by Raymond Wray
Oasis Village Trust NOTES TO THE ACCOUNTS 31 March 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the Trust is less than £250,000 the Trust have elected in accordance with the provisions in The Charities Accounts and Reports Regulations {Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the Trust's discretion,. the income derived from the endowment IS to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise la} income from endowments which is to be expended only on the restricted purposes intended by the donor and {bl revenue donations or grants for a specific Trust activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the Trust's general purposes. Designated funds are general funds set aside by the Trust for use in the future. DONATIONS AND LEGACIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Recorded giving: Donation5 and gifts Gift Aid 48,964 7,317 48,964 7,317 52,581 7,925 56,281 56,281 60,506
Oasis Village Trust NOTES TO THE ACCOUNTS 31 March 2024 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Income from charitable activities Fundraising events 14,732 14,732 INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Deposit interest 10
Oasis Village Trust NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Fundraising events 4,199 4,199 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Ministry and support staff costs Trust running expenses Governance costs 7,200 42,468 48 7,200 49,313 61 49,716 56,574 FUND BALANCES Fund Balance at Start Receipts Payment Surplus / Transfer (Def icit) Balance at end Unrestricted Funds General Fund 34,607 56,281 49,716 6,565 41,172 34,607 56,281 49,716 6,565 41,172 11