A charity that supports vulnerable adults has decided to close after two decades.
The Oasis Partnership, which operated in Buckinghamshire, announced its closure on social media last week.
“After careful consideration, the trustees of the Oasis Partnership have taken the difficult decision to close the charity,” it stated.
“This process is now underway and operations will cease shortly.”
The charity, previously called Addiction Counselling Trust, said that a new organisation will be taking over its Aylesbury site and will continue hosting a range of community activities that the charity had organised.
It did not confirm what would happen to staff or volunteers, but said support would be provided.
“We are committed to supporting staff and clients as responsibly and compassionately as possible during this transition, and to working constructively with partners,” the charity said on Facebook.
Besides its main premises in Aylesbury, the Oasis Partnership operated in nearby High Wycombe and Chesham.
It supported disadvantaged people, and those experiencing drug addiction, homelessness and mental ill health, among others.
Civil Society has approached the charity, which was registered in 1996, for comment.
‘Significant financial challenges’
The Oasis Partnership, which had 37 employees according to its Charity Commission listing, has run an operating deficit for the last three years.
In its most recent financial report ending 31 March 2024, “significant financial challenges” were identified by its chair Philippe Chaudhry.
“The conclusion of our long-standing NHS contract, coupled with essential investments to develop future income streams, led to a reduction in our reserves,” the report stated.
It also noted fundraising challenges.
The report stated: “It is becoming harder and harder to generate funds through trusts and foundations – there is a lot of unmet need throughout the UK and the world and the competition for funding is high because of this.”
In 2023-24, the charity’s overall income of £1.73m fell below its spending of £1.79m.
Meanwhile, the charity is 24 days overdue in filing its 2024-25 annual accounts.
