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← Oxford United In The Community

2025-06-30-accounts

Charity registration number 4125173 (England and Wales) Company registration number 06621199

OXFORD UNITED IN THE COMMUNITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

OXFORD UNITED IN THE COMMUNITY

LEGAL AND ADMINISTRATIVE INFORMATION

Patrons P
J		 Rhoades-Brown
Constable
L Robinson
Trustees S J Bradney
JP Green		 (Appointed 12 November
2024)
LM Gregory (Appointed 12 November
2024)
K Parker
TMWilliams		 (Appointed 12 November
2024)
MR Lygo (Appointed 12 November
2024)
D Hudspeth
J D Faulkner
Chair JD Faulkner
Vice Chair JPGreen (Appointed 12November
2024)
Treasurer K Parker
Secretary TheMGroupSecretarial Services Limited
Seniormanagement MD
Everett
C Lowes		 CEO
Head ofCharity
Charity number(England and Wales) 1125173
Company number 06621199
Registered office TheKassam Stadium
Grenoble Road
Oxford
Oxfordshire
OX4 4XP
Independentexaminer Gravita AuditOxford LLP
First Floor, Park Central
40-41 Park End Street
Oxford
Ox1 1JD
Bankers BarclaysBankPlc
13-15 Cornmarket St
Oxford
OX13EY

LEGAL AND ADMINISTRATIVE INFORMATION

OXFORD UNITED IN THE COMMUNITY

I Solicitors Gateley Plc One Eleven Edmund Street Birmingham B3 2HJ

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OXFORD UNITED IN THE COMMUNITY

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||||| |---|---|---|---| |CONTENTS| |a| |Page| |Trustees’|report|1-7| |Independent|examiner's|report|8| |Statement of financial|activities|9| |Balance|sheet|10| |Statement|of cash|flows|11| |Notes to the financial|statements|12-23|

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2025

The trustees present their annual report and financial statements for the year ended 30 June 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

OBJECTIVESThe Charity's objects AND ACTIVITIES are for the benefit of the public generally and, in particular, the inhabitants of Oxfordshire and its surrounding areas: a) promote community participation in healthy recreation by providing facilities for the playing of association football and other sports capable of improving health (“facilities" in this case means land, buildings, equipment and organising sporting activities); b) provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty, or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life; and c) advance the education of children and young people through such means as the Trustees think fit in accordance with the law of the charity. OUR VISION Use the power of football and the Oxford United badge to inspire happier, healthier, better-connected communities across Oxfordshire. The charity's main objectives are detailed in its strategy for the period 2019-2024 (extended for a further three years to June 2027) “Oxfordshire — A Community United”: 4. Increase the social impact of the charity’s activities; a) by developing new service offerings, particularly related to youth services and older people, to support those “from the age of 2 to 92” b) by accessing new expertise via recruiting new team members c) by establishing strategic, collaborative delivery partnerships across Oxfordshire d) by establishing key local partnerships based on local conditions e) by increasing cross subsidisation of free to access services by chargeable services 2. Sustainably grow the charity’s income to support an increased level of programme activities across Oxfordshire a) by developing existing income generating services and introducing new ones b) by securing new funded programmes within the EFL Trust and Premier League Charitable Fund portfolios c) by establishing a new funding strategy with diversified sources of unrestricted and restricted funding sources to d)meetby workingthe needs withof thestrategicbusinessandplanlocal partners to identify opportunities to secure funding for collaborative delivery

projectse) by creating opportunities for regular and one-off donations to be made to the charity 3. Ensure that the charity’s activities are based on a solid foundation of policies, processes and procedures supported by a physical and IT infrastructure, which will enable; a) more effective governance and management of the charity b) greatly improved methods of engagement and communication with participants, beneficiaries, supporters, donors,c) a standardisedfunders, partnersmethodologyand stakeholdersof assessing the charity’s social impact — measurement, analysis and reporting — to evidence the progress made

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

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  1. Create the conditions to establish a substantial multi-use sports, education and community facility as the official centre or Hub of activities for the charity in Oxford within five years.

PUBLIC BENEFIT

When planning the charity’s activities for the year consideration has been given to the Charity Commission's guidance on public benefit and the trustees are satisfied, they meet the requirements.

ACHIEVEMENTS AND PERFORMANCE

INTRODUCTION

During the year under review, 1% July 2024 to 30" June 2025, the charity continued the restructure at senior management level, to ensure it was a scalable operation that could further increase its social impact in subsequent years.

The trustees believe that the charity is beginning to benefit from being more aligned strategically with Oxford United Football Club, the trustees felt that the charity needed to align strategically much closer to Oxford United Football Club, and the EFL Trust, whilst ensuring it retained it’s independence and continued to focus on its charitable objectives. Activities continued to be focused on four key pillars;

Participation, Experiences & Opportunities Health & Wellbeing Social Inclusion Education & Employability as per our objectives for public benefit.

You can read our latest full Impact Report for this period at https://www.ouitc.org/about/impact/

PARTICIPATION, EXPERIENCES & OPPORTUNITIES

Traditional ‘Football in the Community’ activities generate up to half of Oxford United in the Community revenue.

Our activities range from participants potential first steps into football at holiday camps, through to improving key skills through our skill centres and an Academy Pathway for promising young players via our Development Centre.

All courses are open to boys and girls, and we continue to run specific girls only camps and sessions.

HEALTH & WELLBEING

A new overarching strategy, named ‘Match Fit was commenced during the back end of the 2024/25 period, specifically geared towards a range of Health & Wellbeing programmes for all ages. Results will be detailed in our next report in 2025/26.

We have partnered with the Joey Beauchamp Foundation, to support their aim of better mental health provision in Oxfordshire, which supports our charitable objectives.

We also continued to run our successful Manor Club for over 50’s, seeing increasing numbers each month accessing the provision.

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

SOCIAL INCLUSION Funded by the Premier League Charitable Fund, our Premier League Kicks programme continued throughout 2024/ 25 in Oxford and Banbury and aims to inspire young people aged 8-18 in some of the most high-need areas of Oxfordshire. Free and for all, regardless of ability or background, the programme, with support from our community partners, aims to make a positive difference for all young people who take part.

We were delighted to continue our disability football sessions in partnership with Abingdon & Witney College, with the side playing several fixtures throughout the year to 30 June 2025.

This programme is part of the charity’s commitment to enhancing disability football provisions in Oxfordshire and is a programme which we hope to grow year-on-year. Oxford Phoenix FC, our Refugee provision continued to be delivered jointly by Oxford United in the Community, Asylum Welcome and Refugee Resource to connect participants with likeminded individuals, help them develop key life skills and integrate them into the community. The Tristar program, focused on people with Downs Syndrome, was successfully developed during the year under review and will be further developed in the coming year.

EDUCATION & EMPLOYABILITY

We continued to run the Premier League Primary Stars programme, supported by PLCF funding, to engage primary school children in their school environment. Through this programme, we deliver a range of activities; the physical delivery of PE lessons within the National Curriculum, extra-curricular clubs, PSHE workshops, Literacy and Numeracy support, as well as assemblies focusing on values and behaviours in the playground. The main aim of the Premier League Primary Stars is to inspire and educate primary school pupils across all areas of the curriculum whilst using the power of football. As well as going into schools to deliver PE lessons, our team focuses on up-skilling staff and class teachers to deliver high-quality PE. In addition, 26 participants were engaged in HMP Bullingdon as part of the Twinning Project, aiming to reduce reoffending rates and increase employability upon prisoner release. 20 prisoners graduated and were released with a coaching qualification that they did not hold prior.

FINANCIAL REVIEW During the period the charity received £525,759 income from the provision of football coaching and educational courses, grants, sponsorship and fundraising activities. The costs incurred in carrying out the charity’s charitable objectives during the period amounted to £542,197 resulting in a net deficit of £16,438. The increase income was in line with budgets and reflects the work done on participation, health and wellbeing and social inclusion. The strengthening of the team structure and the impact of wage and other inflationary pressures however led to the an overall deficit for the year.

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

RESERVES POLICY

Total fund balances of the charity as at the 30 June 2025 amounted to £84,639, of which £67,114 was unrestricted.

The charity's policy on unrestricted reserves is to maintain equivalent cash balances:

. To cover three months budgeted recurrent expenditure.

The level of reserves is regularly monitored and reviewed by the trustees. The cash balances at the year-end were below the target level of three months’ budgeted recurrent expenditure, however the trustees maintain that is that this is the level that they are working towards achieving. The trustees consider that reserves at this level will insure that, in the event of significant reduction in funding, they will be able to continue the trust's current activities whilst consideration is given to ways in which additional funds may be raised.

INVESTMENT POWERS AND POLICY

The trustees’ investment powers are laid down in the Constitution and restrictions contained therein. These powers are also subject to conditions imposed by law.

RISK MANAGEMENT

The trustees are responsible for undertaking an annual risk assessment of the organisation and its activities. Any risks that the charity is exposed to would be discussed at general meetings as a matter of course.

The key strategic risk areas for the charity are as follows: Financial Sustainability « Resource and Leadership » Reputation management Robust» riskReliancemanagementon key peopleunderpins our operational and governance practices. Senior management and the Trustees meet quarterly to review risks within those areas and implement mitigation actions where necessary.

Financial viability is under constant scrutiny by the Trustees and how cash flow and inflationary pressures may affect the charity's position as a going concern. We liaise with Oxford United Football Club and the EFL on a regular basis and with their support, we continue to monitor income streams and the increasing cost base to mitigate the risks.

PLANS FOR THE FUTURE

As we look to the future, the charity remains committed to delivering the ambitions in our strategic plan and our focus on broadening the reach and the impact of our programmes.

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OXFORD UNITED IN THE COMMUNITY TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is a company limited by guarantee under its Memorandum and Articles of Association.

The company was incorporated on 16 June 2008 and becamea registered charity on 24 July 2008. The charity formally changed its legal name by Special Resolution dated 20 February 2019 from Oxford United FC Youth and Community Sports Trust to Oxford United in the Community.

Patrons: Peter Rhoades-Brown James Constable Les Robinson

Senior management: Chris Lowes - Head of Charity Matt Everett - CEO

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

S J Bradney J P Green (Appointed 12 November 2024) LM Gregory (Appointed 12 November 2024) K Parker T M Williams (Appointed 12 November 2024) MR Lygo (Appointed 12 November 2024) | D Hudspeth J D Faulkner N C McWilliams (Resigned 19 August 2024)

None of the trustees has any beneficial interest in the company.

All the trustees are members of the company and guarantee to contribute £10 in the event of a winding up. The charity is run by a Board of Trustees who are responsible for the strategic direction of the organisation.

The trustees meet at least quarterly to administer the charity. New trustees are recruited by direct invitation from the existing Board members and are identified either by the Board members or by referral to the Board. In extending invitations account is taken of the skills present and needed around the Board table. New trustees are elected by the voting membership.

All trustees must be at least 18 years of age and capable of managing his or her own affairs.

The number of trustees shall be not less than three but shall not be subject to any maximum. A minimum one trustee must be a director or current CEO of Oxford United Football Club, with their presence required at meetings to form a quorum. To this end, Tim Williams, the CEO of Oxford United Football Club, has been appointed as a Board Trustee. The charity works closely with Oxford United Football Club and is overseen and supported by the English Football League Trust (EFL Trust) the charitable arm of the English Football League (EFL) and the Premier League Charitable Fund (PLCF) the charitable arm of the Premier League.

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

TRUSTEE INDUCTION AND TRAINING

New trustees are briefed on their legal obligations and responsibilities under charity law. They are also encouraged to familiarise themselves with the charity's constitution. As part of the induction process, new trustees will meet key employees and other trustees and have access to a full induction provided by the EFL Trust.

PARTNERS

We are pleased to have worked with many delivery partners throughout 2024/25;

THANKS

All at Oxford United in the Community would like to thank;

TRANSACTIONS WITH TRUSTEES

No member of the board of trustees received any remuneration or re-imbursement for expenses incurred during the period.

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OXFORD UNITED IN THE COMMUNITY

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 a

SPECIALThe above EXEMPTIONreport is prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

=_™~ he} trustees’areport was approvedI by the Board of Trustees. Date: 2 ]3] 406

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OXFORD UNITED IN THE COMMUNITY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OXFORD UNITED IN THE COMMUNITY

| report to the trustees on my examination of the financial statements of Oxford United in the Community (the charity) for the year ended 30 June 2025.

Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, | report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent examiner's statement Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. | confirm that | am qualified to undertake the examination because | am a member of the Institute of Chartered Accountants in England and Wales, which is oneofthe listed bodies.

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

Colin Mills FCA For and on behalf of Gravita Audit Oxford LLP First Floor, Park Central 40-41 Park End Street Oxford OxX1Date: ”1JD as/3/2é

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OXFORD UNITED IN THE COMMUNITY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

Notes Unrestricted
funds
2025
£		 Restricted
funds
2025
£		 Total
2025
£		 Unrestricted
funds
2024
£		 Restricted
funds
2024
£		 Total
2024
£
Income from:
Donations and legacies
Charitable activities		 3
4		 230,706
190,053		 -
105,000		 230,706
295,053		 146,507
137,273		 2,200
80,000		 148,707
217,273
Totalincome 420,759 105,000 525,759 283,780 82,200 365,980
Expenditure on:
Raisingfunds
Charitable activities		 5
6		 216
421,464		 -
120,517		 216
541,981		 74
340,335		 -
78,210		 74
418,545
Totalexpenditure 421,680 120,517 542,197 340,409 78,210 418,619
Netexpenditure and
movement infunds		 (921) (15,517) (16,438) (56,629) 3,990 (52,639)
Reconciliation offunds:
Fundbalancesat 1 July2024		 68,035 33,042 101,077 124,664 29,052 153,716
Fund balances at 30 June
2025		 67,114 17,525 84,639 68,035 33,042 101,077

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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OXFORD UNITED IN THE COMMUNITY

BALANCE SHEET

AS AT 30 JUNE 2025

Notes 2025
£		 £ £ 2024 £
Fixed assets
Tangible assets		 13 3,174 2,432
Current assets
Debtors
Cashatbankand inhand		 14 12,523
112,936		 11,954
134,937
125,459 146,891
Creditors: amounts fallingdue within
oneyear		 15 (43,994) (48,246)
Netcurrentassets 81,465 98,645
Totalassets lesscurrent liabilities 84,639 101,077
Thefunds ofthe charity
Restrictedincomefunds
Unrestricted funds		 18
19		 17,525
67,114		 33,042
68,035
84,639 101,077

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject ‘Ngheto thefinancialsmall companies statementsregime. were approved by the trustees on Bls|: Po26 J D Faulkner

Company registration number 06621199 (England and Wales)

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OXFORD UNITED IN THE COMMUNITY

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 30 JUNE 2025

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|||||||| |---|---|---|---|---|---|---| |a| |2025|2024| |Notes|£|£|£|£| |Cash|flows|from|operating|activities| |Cash absorbed|by operations|22|(20,201)|(21,936)| |Investing|activities| |Purchase of tangible fixed assets|—(1,800)|(1,866)| |(1,800)|(1,866)| |Net cash|used|in|investing|activities| |Net cash|generated|from|financing|activities|-|=| |Net decrease|in cash and cash equivalents|(22,001)|(23,802)| |Cash and cash equivalents|at beginning|of year|134,937|158,739| |Cash and cash equivalents at end of year|142.036|4G4.087|

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OXFORD UNITED IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Charity information Oxford United in the Community is a private company limited by guarantee incorporated in England and Wales. The registered office is The Kassam Stadium, Grenoble Road, Oxford, Oxfordshire, OX4 4XP.

4.1. Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 AtGoing the timeconcernof approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 IncomeIncome is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Income from coaching and educational courses are recognised when the course takes place.

Grant income is recognised at fair value when the Charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

1 Accounting policies

(Continued)

4.5 ExpenditureExpenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 TheFinancialcharityinstrumentshas elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BasicBasic financialfinancial assetsassets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

1 Accounting policies

(Continued)

BasicBasic financialfinancialliabilities,liabilitiesincluding creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 TheEmployeecost ofbenefits any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

14.11 RetirementPayments tobenefits defined contribution retirement benefit schemes are charged as an expense as they fall due. 2 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Unrestricted
funds
2025
£		 Restricted
funds
2025
£		 Total
2025
£		 Unrestricted
funds
2024
£		 Restricted
funds
2024
£		 Total
2024
£
Donationsand
Lottery		 gifts 230,602
104		 -
-		 230,602
104		 146,403
104		 2,200
-		 148,603
104
230,706 - 230,706 146,507 2,200 148,707

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

a

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|||||||||| |---|---|---|---|---|---|---|---|---| |4Income|from|charitable|activities| |Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |funds|funds|funds|funds| |2025|2025|2025|2024|2024|2024| |£|£|£|£|£|£| |Grants|in|relation|to|the| |educationalprovision|of coachingcourses|and|55,873|105,000|160,873|13,388|80,000|93,388| |coursesCoaching|and|educational|113,579|-|113,579|112,421|-|112,421| |Sporting events|20,601|-|20,601|11,464|-|11,464| |190,053|105,000|295,053|137,273|80,000|217,273| |5|Expenditure|on|raising|funds| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising|and|publicity| |Other fundraising|costs|216|74|

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

6 Expenditure on charitable activities

Expenditure on charitable activities
Inspiring a _
healthier
and better-		 Inspiring a
healthier
and better-
connected
community		 connected
community
through through
sport sport
2025 2024
£ £
Direct costs
Staffcosts
Depreciationand impairment
Staffwelfare
Communityprogrammecosts
Facility costs
Advertisingand marketing
Expenses- travel&other		 334,197
1,058
13,112
3,784
44,889
26,266
6,729
5,800		 232,413
549
251
579
45,226
23,514
6,166
5,345
Rent
ITsupportand consumables		 928
393		 758
76
Insurance
Printing, postage& stationery
Sundryexpenses
Skillcentre costs
PremierLeagueKickcosts
Coachingservices and labourcosts
Match Fitcosts
Playing kitcosts
Catering costs
Donations		 505
1,583
4,620
10,049
12,674
13,244
6,520
5,040
9,107		 -
9,310
4,606
5,826
4,584
-
-
-
-
500,498 339,203
Share ofsupportand governance costs (see note 8)
Support
Governance		 32,999
8,484		 67,509
11,833
541,981 418,545
Analysis by fund
Unrestrictedfunds
Restricted funds		 421,464
120,517		 340,335
78,210
541,981 418,545

7 Promotion and facilitation of a happier, healthier and better-connected community through sport

Charitable Activities Promotion and facilitation of a happier, healthier and better-connected community through sport

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

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||||||||| |---|---|---|---|---|---|---|---| |8|Support costs|allocated|to|activities|2025|2024| |£|£| |Consultancy|and|professional fees|32,999|67,509| |Governance costs|8,484|11,833| |41,483|79,342| |AnalysedCharitable Activitiesbetween:|41,483|79,342| |2025|2024| |Governance costs comprise:|£|£| |Independent examination|fees|3,600|5,460| |Accountancy fees|4,884-|6,383(10)| |Bank|and|merchant|charges| |8,484|11,833| |9|Net movement in funds|2025£|2024£| |The|net movement|in|funds|is|stated|after charging/(crediting):| |Fees|payable|for the|independent|examination|of the|charity's|financial| |statements|3,600|5,460| |Depreciation|of owned tangible fixed assets|1,058|549|

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10 Trustees

None of the trustees (or any persons connected with them) received any remuneration, expenses OF benefits from the charity during the year.

  1. Employees

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|||||||| |---|---|---|---|---|---|---| |The average|monthly number|of employees|during|the year was:|2025|2024| |Number|Number| |9|3| |Community|team|15|17| |Coaching|staff| |24|20| |Total|

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

141. Employees (Continued)
2025 2024
Employment costs £ £
Wagesand salaries
Social securitycosts
Other pension costs		 314,571
14,388
5,238		 216,092
11,105
5,216
334,197 232,413
Therewere noemployeeswhose annual remunerationwas more than£60,000.
Remuneration ofkey managementpersonnel
The remuneration ofkeymanagementpersonnelwasasfollows:		 2025 2024
£ £
Aggregatecompensation 92,843 103,422

12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 13 Tangible fixed assets Sports

Tangible fixed assets Sports and
computer
equipment
£
Cost 4,589
At 1 July 2024 1,800
Additions
6,389
At 30 June 2025
Depreciation and impairment 2,157
At 1 July 2024 1,058
Depreciation charged in theyear
3,215
At 30 June 2025
Carrying amount 3,174
At 30 June 2025
2,432
At30June2024

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |I| |14|Debtors|2025|2024| |Amounts|falling due within one year:|£|£| |Other debtors|2,790|10,680| |Prepayments and accrued|income|9,733|1,274| |12,523|11,954| |45|Creditors:|amounts falling|due within|one year|2025|2024| |Notes|£|£| |Other taxation and|social|security|5,221|3,767| |Deferred|income|16|17,628|35,500| |Other creditors|1,890|276| |Accruals|19,255|8,703| |43,994|48,246| |16|Deferred|income|2025|2024| |£|£| |Other deferred|income|17,628|35,500| |Deferred|income|is|included|in the|financial|statements|as|follows:| |2025|2024| |£|£| |Deferred|income|is|included|within:| |Current|liabilities|17,628|35,500| |Movements|in|the|year:| |Deferred|income|at|1|July 2024|35,500|-| |Released|from|previous periods|(35,500)|-| |Resources deferred|in the year|17,628|35,500| |Deferred income at 30 June 2025|17,628|35,500| |17.|Retirement|benefit schemes|2025|2024| |Defined|contribution|schemes|£|£| |Charge to|profit or loss|in respect of defined|contribution schemes|5,238|5,216|

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

147 Retirement benefit schemes (Continued) The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

18 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

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|||||||| |---|---|---|---|---|---|---| |At|1|July|2024|Incoming|Resources|At30 June| |resources|expended|2025| |£|£|£|£| |Premier League Programme|Fund|33,042|105,000|(120,517)|17,525| |Previous year:|At|1|July 2023|resourcesIncoming|Resourcesexpended|At 30 June2024| |£|£|£|£| |Premier League Programme|Fund|29,052|82,200|(78,210)|33,042|

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Restricted Funds were received from the Premier League Charitable Fund: - £35,000 for delivery of the Premier League Primary Stars programme. - £35,000 for the delivery of the Premier League Kicks programme. - £10,000 for operational investment. Restricted Funds were also received from the Premier League Fans: - £25,000 for the delivery of the Match Fit programme.

19 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

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|||||||| |---|---|---|---|---|---|---| |At|1|July|2024|Incoming|Resources|At 30 June| |resources|expended|2025| |£|£|£|£| |General funds|68,035|420,759|(421,680)|67,114| |Previous year:|At|1|July 2023|resourcesIncoming|Resourcesexpended|At 30 June2024| |£|£|£|£| |General funds|124,664|283,780|(340,409)|68,035|

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025
I
20 Analysis of netassets betweenfunds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 30 June 2025:
Tangibleassets
Currentassets/(liabilities)		 3,174
63,940		 -
17,525		 3,174
81,465
67,114 17,525 84,639
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 30 June 2024:
Tangibleassets
Currentassets/(liabilities)		 2,432
65,603		 -
33,042		 2,432
98,645
68,035 33,042 101,077

a -

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

TT

21 Related party transactions

Transactions with related parties

The Trust is assisted by Oxford United Football Club (‘the Club’) in being able to carry out its charitable activities and share many operational resources, have directors in common and are subject to common influence and are hence deemed related parties.

During the year, the Trust recharged expenses of £25,752 (2024: £10,680) to the Club. At the year end, the Trust was owed ENil (2024 - £10,680) by the Club.

During the year, the trust used services provided by Fortitude Communications Limited. This company is controlled by one of the trustees of Oxford United in the Community. During the year Fortitude Communications Limited invoiced £18,984 (2024: £24,648). At the year end, there was nothing owed by the Club (2024: £Nil).

During the previous year, the Trust used services provided by Matt Everett. A retainer was paid on a monthly basis. During the previous year the Trust was invoiced £58,053. At the year ended 30 June 2024, there was nothing owed by the Club. Matt was previously a trustee until September 2023 and then became part of Senior Management in January 2024.

During the year, £2,380 (2024: £Nil) was paid to Gregory Surveyors Ltd. This transaction was for events tickets for International Women's Day which was collected by the charity on behalf of Gregory Surveyors Ltd, which sharesa trustee/director with Oxford United in the Community. At the year end, there was nothing owed by the Trust (2024: £Nil).

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OXFORD UNITED IN THE COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

NOTES TO THETO THE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025		 NOTES TO THETO THE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025		 NOTES TO THETO THE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025		 NOTES TO THETO THE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 30 JUNE 2025JUNE 20252025
ee
22 Cashabsorbed byoperations 2025 2024
£ £
Deficitfortheyear (16,438) (52,639)
Adjustments for:
Depreciation and impairment oftangible fixed assets		 1,058 549
Movements in working capital:
(Increase) in debtors
Increase/(decrease) in creditors
(Decrease)/increase in deferred income		 (569)
13,620
(17,872)		 (836)
(4,510)
35,500
Cashabsorbed by operations (20,201) (21,936)
23 Analysis ofchanges in net funds
The charity had no material debt during the year.
24 ~=ShareCapital

whoThe trust does not have a share capital and is limited by guarantee. In the event ofa winding up the trustees, are all members of the company, guarantee to contribute £10 towards the costs of a winding up.

eee «23.