OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-08-31-accounts

Registered number: 07237013 Charity number: 1136924

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS' REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the company, its trustees and advisers 1
Directors' report 2 – 8
Examiner’s report 9
Statement of financial activities 10
Balance sheet 11
Notes to the financial statements 12 - 16

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

Directors

P A Hardcastle C Henderson G Bolton-Hale

Company registered number

07237013

Charity registered number

1136924

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

K Agar

Independent examiner

Mr Matt Ryan, FCCA

Numbers Ltd

Page 1

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Directors (who are also Trustees of the charity for the purposes of the Charities Act) present their annual report together with the unaudited financial statements of Oasis Community Hub: MediaCityUK (the company) for the year ended 31 August 2025. The Directors confirm that the Annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Charities SORP 2019 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Structure, governance and management

a. CONSTITUTION

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 27 April 2010 and is registered charity number 1136924.

The principal objects of the Company are the advancement for the public benefit of education and health, the preservation and protection of public health generally, the relief of persons who are in need, hardship or distress and the prevention and relief of poverty.

b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS

The management of the company is the responsibility of the Directors who are elected and co-opted under the terms of the Articles of Association. The appointment of new directors is at the discretion of the existing directors (and/or the Guarantor).

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF DIRECTORS

Policies for the induction and training of new directors follow those of the ultimate parent, Oasis International Association.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

Oasis Community Hub: MediaCityUK (the Company) is a company limited by guarantee, whose registered number is 07237013. It is also a registered charity, number 1136924. The Company is governed by a Memorandum and Articles of Association of 27th April 2010. The Company is controlled by the Directors who are also the Trustees. The company was founded by Oasis Charitable Trust, however Oasis Community Partnerships is the immediate parent and sole member. The Company does not have a share capital. Directors are appointed by a majority of Directors or the Guarantor. The Directors have delegated the day to day activity of the Company to the Hub Leader, but retain responsibility for major strategic and governance decision.

The Company was established in furtherance of Oasis Charitable Trust and Oasis Community Partnership’s intention to deliver individual and community transformation through local community hubs. As each Hub will need to respond to the issues and needs arising in its own locality and in order to engage local involvement each hub will operate as an independent legal entity but expressing the consistent ethos of Oasis.

Page 2

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

e. RISK MANAGEMENT

The Directors have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

The risks and impact of the cost of living crisis have been assessed by the Directors and they are satisfied that risks have been mitigated wherever possible.. We have confirmed grant commitments from our major funders covering the period up to and beyond August 2025.

The Directors consider that Oasis Community Hub: MediaCityUK has adequate resources to continue in operational existence for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts.

Objectives and Activities

The objective of the company is to operate as a catalyst for community transformation by facilitating improvements in the lives of individuals and growth in community activity and cohesion. This will be achieved by identify and understanding the needs and issues within the community and by applying the Oasis Ethos to everything. The Oasis Ethos is:

Oasis Hubs will typically include activities in education, youth and children’s work, community empowerment, housing, advice and support, personal and spiritual development and health and wellbeing.

Achievements and Performance 2024/25

Our vision for Oasis Community Hub: MediaCityUK is for community, a place where everyone is included, making a contribution and reaching their God-given potential. We work towards this by delivering a range of services and opportunities that respond to local needs through Oasis Community Hub: MediaCityUK, MediaCityUK Church and Oasis Academy MediaCityUK. Our hub is particularly focused on the Ordsall and Langworthy areas of Salford.

In 2024/25, we strengthened staff capacity with the recruitment of a Youth Mentoring Practitioner (0.5 FTE) and a Student Minister placement (0.4 FTE). While fundraising was challenging, generating just under £90,000, we successfully maintained staffing levels and covered project costs.

Over the year, 496 unique individuals engaged with our community hub projects, making 4,860 visits in total, and an additional 2,643 people attended 40 events. Furthermore, we provided over 19,600 meals to our community. These achievements span all areas of our work - youth engagement, advice and support, community empowerment, and spiritual development.

Youth Work

There were several changes within our youth work team during 2024/25. We introduced a Youth Mentoring Practitioner on a 12-month contract funded by Oasis Academy MediaCityUK. Although the post was recruited in September 2025, it was only filled for six months, with the team covering the project for the remaining six months. In addition, our Church and Community Youth Worker went on maternity leave; while the role was backfilled, time was required for inductions and handover.

Page 3

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

Despite these transitions, our Lead Youth Worker, Youth Mentoring Practitioner, and Church and Community Youth Worker remained focused on supporting our young people, especially Oasis Academy MediaCityUK students - helping them in their school life, improving wellbeing, and encouraging positive engagement with their peers. Here are some of the activities we did:

During each school holiday (except February 2025 due to essential building works), we delivered a substantial holiday programme in partnership with Salford Community Leisure and funded by Holiday Activities and Food programme (HAF). The Oasis Youth and Community team provided everyone attending with a hot, healthy, and nutritious meal every day during the school holidays – 2,020 meals over 28 days over seven weeks. The holiday programme aims to bridge the social inclusion gap by signposting young people to positive and engaging activities, whilst combatting holiday hunger through the food provision.

Family activities

PlaySpace runs weekly during term time, offering stay-and-play sessions for babies to preschoolers and their parents/carers. On average14 families attend each week, with 95 different families joining over the year. It helps reduce isolation, improves mental wellbeing, and provides parental support.

Oasis-a-go-go, our free family holiday activity, ran every Thursday during school holidays (except February 2025). Families enjoyed arts, crafts, and games, and children received a picnic lunch. All sessions were fully booked, with 38 different families participating across the year.

In March 2025, funded by Salford Family Hubs, we launched Baby and Me - a sensory project to strengthen parent/carer and infant bonds through play. Though small, with 17 families involved, it successfully supported early relationships and will continue until December 2025.

Advice, Support and Food Provision Projects

In 2024/25, we provided emergency hardship and family support to 48 individuals and families, including essential food parcels and festive treats at Christmas. Our annual Christmas Appeal was again supported by corporate donors, alongside generous contributions from Oasis Academy MediaCityUK staff and students through donations and fundraising.

Page 4

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Oasis MediaCityUK Community Food Store continued to be a vital resource for local families. Open for 48 weeks of the year, it supported 83 families throughout the year, with an average of 18 families attending weekly. The store offers dignity and choice, allowing families to select the items they need while reducing food waste through surplus supplies from Fareshare. This project not only addresses food insecurity but also promotes sustainability and community resilience.

Community Empowerment

In July 2025, we marked Oasis UK’s 40th anniversary with a Community Fun Day supporting the No-One Left Out (#NOLO) campaign. Over 300 local residents joined us for music, games, entertainment, and refreshments, celebrating inclusion and community spirit.

Our annual Christmas Fayre in November attracted 250 attendees, offering stalls, crafts, family entertainment, and festive treats. Another highlight was the Community Iftar in March, where 70 people of all faiths and none came together to break fast as the sun set, fostering unity and understanding.

Following successful trials last year, we continued Family Zumba in 2024/25, with 50 participants reporting improved physical and mental wellbeing.

We also launched Creative English, replacing Talk English Café, to help individuals develop language skills in a safe, informal setting. Over the year, 24 people attended regularly, building confidence and friendships through conversation and games. This project creates a sense of belonging and empowers individuals to transform their circumstances.

These initiatives reflect our commitment to building community and sense of belonging by reducing isolation, improving wellbeing, and strengthening community connections. Each project - whether cultural, educational, or wellbeing-focused - helps create spaces where people feel valued and included.

MediaCityUK Church

The hub team continue to work in partnership with the United Reformed Church to resource the Church and Community Projects in the hub with Rev. Ruth Watson an integral part of the hub team. Ruth has led Christmas, Easter, Eid, Holi and Diwali celebrations within the academy and wider community, including making and delivering cards and festive gifts and treats.

All the hub community projects are a practical expression of MediaCityUK Church with our minister taking the lead on most of these projects. She provides chaplaincy support to our hub community, students and staff, exploring the 9 habits and ethos and helping us all to become the best version of ourselves.

Relationship of Oasis Community Hub: MediaCityUK to other Oasis companies

The Hub has three relationships with the wider Oasis group:

  1. With the national group of Oasis organisations

  2. With the Oasis Community Partnerships group

  3. With Oasis Academy MediaCityUK

These are described below as follows:

Page 5

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

1. The national Oasis Group

The Oasis family of charities in the UK has been structured to enable the entire group to benefit from working together towards national objectives while at the same time being able to deliver maximum impact in local communities. The challenge of running a national charity is in ensuring the correct needs are being addressed in local communities, while the advantage is working collaboratively at a national level to minimise cost locally and benefitting from the value of interdependent working. This ‘hybrid structure’ has been developed to ensure that local ownership and oversight is achieved whilst leveraging economies of scale.

At a national level, Oasis Charitable Trust is responsible for all Oasis’ activities in the UK and is the parent company for three national subsidiaries. These are:

  1. Oasis Community Learning – a multi-academy chain running 54 academies across England

  2. Oasis Community Partnerships – a charity delivering community development work

  3. Oasis Community Housing – a housing charity supporting vulnerable adults and young people

2. The Oasis Community Partnerships Group

Within this group structure, Oasis Community Partnerships is responsible for all of Oasis’ community development work in the UK. It is the national holding company for 20 local Oasis Community Hubs and one Trading Company, delivering integrated community development work in a number of targeted neighbourhoods across the country.

Oasis Community Hub: MediaCityUK is a local subsidiary of Oasis Community Partnerships, which, in the same way as the group structure, is also a hybrid model. This enables sharing of resources, best practice and central support functions while Oasis Community Hub: MediaCityUK operates locally in order to respond appropriately to the needs of the local area. As a result, Oasis Community Hub: MediaCityUK benefits from higher quality and cheaper infrastructure than it would be able to access as entirely standalone organisation.

3. Oasis Community Hub: MediaCityUK and its partnership with Oasis Academy MediaCityUK

Oasis Community Hub: MediaCityUK is governed by a local board of trustees, who are accountable for the financial management of the hub, overseeing the development of projects to meet local needs and ensuring that those projects benefit from any funds raised. As explained above, Oasis Community Hub: MediaCityUK is a subsidiary of Oasis Community Partnerships, which, in turn, is a subsidiary of Oasis Charitable Trust.

Oasis Community: MediaCityUK integrates community development in the local area and in particular the communities surrounding Oasis Academy MediaCityUK (secondary school) in Ordsall, Salford. One objective of Oasis Community Hub: MediaCityUK is to provide wrap around care for students and their parents/carers at the Academy. Therefore, Oasis Community Hub: MediaCityUK works in close partnership with the Academy in order to provide integrated and holistic community transformation.

Because the Academy is able articulate strong educational outcomes from the role of Hub Leader, a portion of their salary is funded from the Academy budget. The Academy is accountable to the Department for Education and Education Funding Agency, who rigorously regulate the spend of statutory funds and are therefore only able to fund community roles which have clear and identifiable educational outcomes for students. However, Oasis Community Hub: MediaCityUK has a broader purpose in providing community interventions for the entire area and therefore there are a range of additional community roles and programmes which must to be funded in other ways. Therefore, Oasis Community Hub: MediaCityUk has been specifically established to govern our charitable community activities in the area.

Page 6

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

Financial review

These financial reports demonstrate the financial activity in the period September 2024 to August 2025. In the coming year there is a desire to further generate sufficient funds to grow and build on activities. The total incoming resources during the year ended 31st August 2025 amounted to £52,684 (2024: £127,009). Expenditure amounted to £98,386 (2024: £117,390). The overall result is a deficit of £45,702 (2024: £9,619 surplus) leaving retained funds of £37,943 (2024: £83,645).

Reserves

The Directors continue to review the Hub’s need for reserves in line with the guidance issued by the Charity Commission and have adopted a policy to set aside funds of approximately three months running costs which we estimate to be £23,300 for 2025/26. Staff are working on restricted projects and therefore the three months running costs are held within both unrestricted and restricted funds. We have sufficient reserves to guard against unexpected downturns in financial performance. The total level of funds as at 31 August 2025 is £37,943 (2024: £83,645), with unrestricted funds of £1,901 (2024: £5,408) and restricted funds of £36,042 (2024: £78,237). The reserves policy has therefore been met.

Going Concern

The Directors have considered the risks to the Hub. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be adjusted to ensure that guidelines around social distancing can still be applied. Furthermore, the Directors are confident that costs will only be incurred to the extent that funding is secured. The Directors are confident that the Hub has adequate resources to continue operating for the foreseeable future and, for this reason, the Trustees continue to adopt the going concern basis in preparing the accounts.

Plans for the future

Our Oasis Community Hub: MediaCityUK vision remains clear: to create a deep sense of belonging in our community through inclusion, equality, healthy relationships, hope, and perseverance - values that shape every aspect of life at Oasis Community Hub: MediaCityUK.

In the year ahead, we will continue delivering high-quality youth, community, and church projects while expanding our offer to meet evolving local needs. We aim to deepen relationships with hub users and strengthen connections through inclusive activities and events.

The cost-of-living crisis continues to impact our community in Salford, so we will keep our doors open as an Oasis Living Room. Offering a safe, warm space that feels like a home from home – hub users can come in, make a drink, use the kitchen, use our computers, read a book or play a game – all things that make our hub truly theirs. Our Community Food Store will remain central to tackling food poverty and reducing waste, while projects like Family Zumba and Creative English will promote wellbeing and empowerment. We will also maintain our family support work, providing practical help and guidance to those facing hardship and isolation. Celebration events such as Community Iftar and Christmas Fayre will continue bringing cohesion, compassion and joy to our community.

Our youth work - including open-access and targeted groups, Friday night youth club, holiday programmes, and mentoring - will remain a priority. These projects help young people flourish academically, socially, and emotionally. However, funding for the youth work roles and projects beyond March 2026 is not yet secured, and sustaining this work for the rest of the year and into 2027 is critical. Without additional investment, we risk losing vital roles that underpin our youth provision.

We are therefore making fundraising our top priority for the next 18 months. We will seek new partnerships, diversify income streams, and engage donors to ensure the longevity of our youth team and the sustainability of all hub projects.

Page 7

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

Together as a team, with our community work, links to Oasis Academy MediaCityUK, and leading MediaCityUK Church, we will continue championing character transformation and wellbeing - socially, spiritually, and morally - through Oasis’ ethos and the 9 Habits.

DIRECTORS' RESPONSIBILITIES STATEMENT

The Directors (who are also Trustees of Oasis Community Hub: MediaCityUK for the purposes of charity law) are responsible for preparing the Directors' 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 Directors to prepare financial statements for each financial year. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Directors are required to:

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For the financial year in question the company was entitled to exemption under section 479a of the Companies Act 2006. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. In preparing this report, the Directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the Directors on 27 April 2026 and signed on their behalf by:

C Henderson Director

Page 8

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2025

I report on the accounts of the charity for the year ended 31 August 2025

.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Mr Matt Ryan, FCCA

32 High Street, Wendover, Bucks, HP22 6EA

Date: 27 April 2026

Page 9

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2025

Note
INCOME
Gifts and Donations
Grants
Other Income
TOTAL INCOMING RESOURCES
2
EXPENDITURE
Charitable activities
3
TOTAL
MOVEMENT IN TOTAL FUNDS FOR THE
YEAR - NET INCOME/(EXPENDITURE)
FOR THE YEAR
Total funds at 1 September 2024
TOTAL FUNDS AT 31 AUGUST 2025		 Unrestricted
funds
Restricted
funds
Total
funds

2025
£
2025
£
2025
£
504
4,472
4,976
-
25,354
25,354
331
22,023
22,354		 Total
funds
2024
£
5,431
113,487
8,091
835
51,849
52,684
4,342
94,044
98,386		 127,009
117,390
117,390
9,619
74,026
83,645
4,342
94,044
98,386

(3,507)
(42,195)
(45,702)
5,408
78,237
83,645
1,901
36,042
37,943

The notes on pages 12 to 16 form part of these financial statements.

Page 10

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee) REGISTERED NUMBER: 7237013

BALANCE SHEET AS AT 31 AUGUST 2025

Note
CURRENT ASSETS
Cash at bank
Debtors
Intercompany
CREDITORS:amounts falling due within
one year
5
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
Unrestricted funds
TOTAL FUNDS
£
43,554
40,166		 2025

£




37,943
£
46,789
35,797
5,967



2024
£
83,645
83,720
(45,777)		 88,553
(4,908)




37,943 83,645
36,042
1,901		 78,237
5,408
37,943 83,645

For the year ending 31 August 2025 the company was entitled to exemption under section 479a of the Companies Act 2006 relating to subsidiary companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small charitable companies.

The financial statements were approved by the Directors on 27 April 2026 and signed on their behalf, by:

C Henderson Director

The notes on pages 12 to 16 form part of these financial statements.

Page 11

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

Notes to the accounts FOR THE YEAR ENDED 31 AUGUST 2025

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005, applicable accounting standards and the Companies Act 2006.

1.2 Company status

The company is a company limited by guarantee, incorporated and domiciled in the UK and is a public benefit entity. Oasis Community Partnerships is the sole member of the company. The address of the registered office is 1 Kennington Road, London, SE1 7QP. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

1.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the company and which have not been designated for other purposes.

1.4 Income

All incoming resources are included in the Statement of financial activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is probable.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

• Expenditure on charitable activities includes the costs of educational activities undertaken to further the purposes of the charity and their associated support costs.

• Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the College’s educational operations and activities.

Page 12

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

Notes to the accounts FOR THE YEAR ENDED 31 AUGUST 2025

1.6 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.8 Creditors and provisions

1.9 Financial instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at amortised cost comprise cash and bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise bank loans and overdrafts, trade and other creditors.

1.10 Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates, assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects the current and future periods.

In the view of the directors, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

1.11 Reconciliation with previously accepted Generally Accepted Accounting Practice

In preparing the accounts, the directors have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. In their estimation, the impact of transitioning is not material to the financial statements and therefore the restatement of comparative items is not required. The transition date was 1 September 2014.

Page 13

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

Notes to the accounts FOR THE YEAR ENDED 31 AUGUST 2025

2. INCOME

Gifts & Donations
Grant
Other Income
Voluntary Income
3.
CHARITABLE ACTIVITIES
Staffing costs
Consultancy costs
Training
Equipment
Food
Office costs
Consumables
Management fees
Subscriptions
Independent exam fees
Bank fees
Other expenditure
Coordinators
Website
Total costs		 Unrestricted
funds
2025
£
504
-
331		 Restricted
funds
2025
£
4,472
25,354
22,023
51,849
Restricted
funds
2025
£
60,379
1,700
211
2,153
8,629
-
406
8,944
250
-
-
11,372
-
-		 Total
funds
2025
£
4,976
25,354
22,354
52,684
Total
funds
2025
£
60,379
1,700
211
2,245
8,857
46
406
8,944
689
542
99
14,268
-
-
98,386		 Total
funds
2024
£
5,431
113,487
8,091
835 127,009
Total
funds
2024
£
54,489
3,291
1,551
1,471
9,534
224
487
32,628
250
410
93
12,948
-
14
Unrestricted
funds
2025
£
-
-
-
92
228
46
-
-
439
542
99
2,896
-
-
4,342 94,044 117,390

4. NET INCOMING RESOURCES / (RESOURCES EXPENDED)

This is stated after charging:

2025 2024
£ £
Auditor's remuneration 542 410
During the year, no Directors received any remuneration (2024 £NIL).
During the year, no Directors received any benefits in kind (2024 £NIL).
During the year, no Directors received any reimbursement of expenses (2024 £NIL).

Page 14

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

Notes to the accounts FOR THE YEAR ENDED 31 AUGUST 2025

5. CREDITORS: Amounts falling due within one year

CREDITORS:
Amounts falling due within one year
Creditors
Deferred Income
Intercompany		 2025
£
8,108
35,490
2,179
45,777		 2024
£
4,908
-
-
4,908

6. STATEMENT OF FUNDS

Unrestricted funds
Restricted funds:
Youth
Church General
Empowerment
Holiday Provision
Family Support		 Brought
Forward
£
5,408
17,227
28,613
18,999
-
13,398

Transfer
between
funds
Income
2025
Expenditure
2025
Carried
Forward

£
£
£
£

-
835
(4,342)
1,901

-
33,683
(31,554)
19,356

-
2,365
(32,242)
(1,264)

-
7,169
(14,974)
11,194

-

-
8,632
(15,274)
6,756
83,645
-
52,684
(98,386)
37,943

The restricted funds are for the purposes identified above, for youth services, church, empowerment, a holiday provision and family support services. The negative funds on Church general are covered from funds received in August 2025 that we have deferred into September 2025.

7. ULTIMATE PARENT UNDERTAKING

The company is a wholly owned subsidiary of Oasis Community Partnerships, a company incorporated in England (registered number 08749179) and a registered charity (number 1163889). Oasis Community Partnership prepares consolidated financial statements, and this is the smallest group for which accounts are prepared that incorporate Oasis Community Hub: MediaCityUK. Copies of these financial statement can be obtained from its registered office at 1 Kennington Road, London, SE1 7QP.

OCP’s principle objectives are to:

Page 15

OASIS COMMUNITY HUB: MEDIACITYUK

(A company limited by guarantee)

Notes to the accounts FOR THE YEAR ENDED 31 AUGUST 2025

Oasis Charitable Trust (OCT) is the Ultimate Parent and is a company incorporated in England (registered number 02818823) and a registered charity (registered charity number 1026487). Oasis Charitable Trust prepares consolidated financial statements which include the results of Oasis Community Hub: Ashburton Park, and this is the largest group for which accounts are prepared that include this company. Copies of the Oasis Charitable Trust group financial statements are available from its registered office at 1 Kennington Road, London, SE1 7QP.

OCT’s principle objectives are to:

8. RELATED PARTY TRANSACTIONS

During the year the company made the following transactions with other group companies:

There were no other related party transactions.

Page 16