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2021-08-31-accounts

Registered number: 07237012 Charity number: 1136930

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Directors and advisers 1
Directors' report 2 – 9
Independent examiners’ report 10
Statement of financial activities 11
Balance sheet 12
Notes to the financial statements 13 - 19

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2021

Directors

JK Fuller K Williams B Simmonds

Company registration number

07237012

Charity registration number

1136930

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

DJ Parr

Independent examiner

Mr Matt Ryan, FCCA

Numbers Ltd

Page 1

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2021

The Directors (who are also Trustees of the charity for the purposes of the Charities Act) present their annual report together with the audited financial statements of Oasis Community Hub: North Bristol (the company) for the year ended 31 August 2021. 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 27th April 2010 and is a registered charity number 1136930.

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.

The Directors confirm that they have paid due regard to the guidance contained in the Charity Commission’s general guidance on public benefit when setting the charity’s objectives and planning its activities.

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, Oasis Community Partnerships).

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: North Bristol (the Company) is a company limited by guarantee, whose registered number is 07237012. It is also a registered charity, number 1136930. 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 Partnerships 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.

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 exposure to the major risks.

Page 2

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

The risks and impact of Covid-19 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 2022.

The Directors consider that Oasis Community Hub: North Bristol 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 strengths 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 2020/21

Oasis Community Hub: North Bristol is primarily focused in the Lawrence Weston, Shirehampton, Sea Mills and Avonmouth areas of North Bristol.

The work of the hub incorporates the three Oasis Academies in the area, as well as the variety of projects and services run through the OHNB charity. The vision for OHNB charity is to develop grassroots initiatives that empower residents through providing opportunities to develop new skills, leadership potential and positive life experiences.

As with every other charity, Oasis Community Hub North Bristol was heavily impacted by the Covid-19 pandemic during the year, especially during national lockdowns. This has had a substantial impact on our work; the majority of our face-face work stopped and we quickly had to adjust how we work. Our priority was making sure that our vital food poverty and pastoral support services were able to continue, with the majority of our activity moving to online delivery.

For young people we provided a variety of online youth activities as well as increasing our intensive youth support and mentoring to support the most vulnerable young people in our community. For families we were able to provide 1:1 support through online sessions, phone calls and doorstep visits. We prioritised emergency support through issuing emergency grants, food vouchers, delivering food hampers and providing gas and electric fuel top ups. We also provided families with internet access in their homes.

Whilst this time has been significantly challenging; it has presented us with opportunities to serve our community in a unique way, and our increased online presence has helped raise our profile. This was particularly evident in the support we could provide our local partners, many of whom had to pause activity entirely. This was also evidenced in the dramatic increase in referrals for family support.

Page 3

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

Highlights

Youth Programmes:

Over this year, we have continued to develop our youth support programmes and have worked with over 700 young people. In particular, our targeted and 1:1 support programmes have seen substantial development which has seen us work ever more closely with our Oasis Academies to meet the support needs of students. Our new model of delivery was launched in September 2020 to reflect the new priorities in our area:

Detached Youth Work : During lockdown the need for detached youth work became increasingly apparent. In response, we started running 3 community detached sessions each week, two of which were in partnership with Learning Partnership West, with two sessions in Lawrence Weston and one in Southmead. The purpose of detached is to go out into the community and engage with young people where they are, providing key information to keep them safe, positive activities to engage in and to identify any young people at risk to refer to our crisis support programmes.

Open Access Sessions : Where possible, we continued to provide 1 night a week of open access provision in the community. This programme was affected hugely by the national lockdowns and had to close between November-April.

1:1 Support : our 1:1 support offer includes academy based mentoring programmes at our 3 oasis academies, community based mentoring and targeted mentoring. The targeted mentoring includes NEET mentoring and crisis interventions.

This is the area where we have seen the greatest increase in need with referrals increasing by 250%. By reallocating funding and staff time, we have been able to meet this need and support students through a combination of online support, outside face-face work and by delivering 1:1 sessions in our local academies. The success of this work has led to our youth team becoming a key part of the pastoral support team at Oasis Academy Brightstowe, supporting the most vulnerable students.

Holiday Programmes :

Throughout each school holiday we run a rich and varied holiday programme for children in the local area. This year, we were fortunate to be part of the Bristol City Council Holiday Activities and Food programme. This enabled us to increase the level of provision run during the school holidays, targeted at children eligible for free school meals. Through the HAF funding we ran 4 days a week of activities during the Easter holidays and 5 days a week of activities for 5 weeks of the summer holidays. We focused our activities on providing opportunities for young people to have new, exhilarating experiences such as water sports, hiking trips, assault courses as well as sports and art and craft sessions. In total over 300 young people took part in our holiday programmes this year. We also ran a 1 week summer transition programme for the new year 7 students at Oasis Academy Brightstowe, funded by the DfE. 122 students took part in the week which provided an introduction to life at the academy through an exciting programme based around key subjects.

Community Shop:

Oasis Community Shop is located in the heart of the community. The shop is one half a workshop area where we run arts, craft and textile courses for the local community and the other half being a shop area where we sell the items we make alongside donated children’s clothes and toys.

This year, we have been working hard to develop 2 aspects of the shop: income and community opportunities. Prior to lockdown our income had increased by 25%. We were also working hard to develop our volunteering programmes to maximise the support provided.

Covid-19 saw the closure of the shop for a further 4 months which had a huge impact on our income generation. If it weren’t for the continuation of funding from Bristol City Council, it is likely we would have had to close.

Page 4

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

Post-lockdown, we have seen a return of all of our wonderful volunteers and a return to thriving sales. This has enabled us to look positively towards 2021/22.

Support and Advice:

Alongside the programmes we offer young people we seek to support our local families and communities to be empowered, to have the support they need, feel safe and live with hope and aspiration.

Our staff team are available to provide advice and support to local residents through 1:1 sessions and referrals to relevant local support services. Areas we can help include: finance, budgeting, housing and benefits, emotional support, parenting, child behaviour issues, support with children’s educational issues, developing connections and friendships in the community.

During the Covid-19 lockdowns, we saw a 300% increase in referrals to our family support team. Funding through the Family Resilience Programme and being a delivery partner for the Bristol City Council Covid Emergency Grants allowed us to increase our support to meet this need. Over the year we provided 1:1 support to 122 families and allocated over £20,000 worth of emergency grants.

Food Poverty:

Food Poverty is a major issue in the local community. This has been acerbated by the pandemic and the loss of income and support for many families. To combat this issue we provide two main offers of support:

Emergency Food Support: we work with fareshare and our Oasis Academies to identify and provide emergency food to families in crisis. This year we have provided emergency food support to over 250 families. Throughout December we provided weekly food hampers to 80 families which culminated in a Christmas Day hamper with everything needed for Christmas Dinner. We also run a weekly, no questions asked food pantry at one of our academies, where families are able to access free food provided by Fareshare on a take what you need basis. Over 15 families access this each week and during the summer holidays we provided 150 frozen meals each week to children eligible for free school meals.

Sustainable, affordable food : In January 2021 we launched a food club in partnership with Family Action to provide affordable, healthy food to local families. The Club now has 45 families access it each week, paying £3.50 for £15 worth of tasty, healthy fresh food and vegetables.

Hub House:

In September 2020 we moved into our new Hub House space, this is now our main community base from which we run family activities and from which our offices are based. We are in the process of applying for funding to renovate the premises to maximise it’s potential.

Page 5

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

Hub Zones:

We have identified space in each of our 3 Oasis Academies for community use. We are in the process of decorating these spaces so that once restrictions allow, we can open them up to run more community programmes directly within the academies through our change maker project.

Enablers:

We have been successful in securing income for our Covid response from various grant funders and individual donations. We have also secured funding to expand our youth and family support delivery to meet the increased level of need. We have worked hard on all areas of charity governance including our data capture and use of the outcome star and this is reflected in the Oasis Community Partnerships impact report. We have continued to embed our Hub Council to ensure our leadership and strategic direction is shaped by our local community.

Oasis Hub North Bristol partners with a wide range of community organisations including Ambition Lawrence Weston, Shirehampton Community Action Forum, Creative Youth Network, Young Bristol, Learning Partnership West, Bristol City Council, Lawrence Weston Community Farm, Highgrove Church, North Bristol Food Bank.

Relationship of Oasis Community Hub: North Bristol 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 the North Bristol Academies

These are described below as follows:

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 52 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

Page 6

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

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 19 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: North Bristol 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: North Bristol operates locally in order to respond appropriately to the needs of the local area. As a result, Oasis Community Hub: North Bristol benefits from higher quality and cheaper infrastructure than it would be able to access as entirely standalone organisation.

3. Oasis Community Hub: North Bristol and its partnership with Oasis Academies

Oasis Community Hub: North Bristol 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: North Bristol is a subsidiary of Oasis Community Partnerships, which, in turn, is a subsidiary of Oasis Charitable Trust.

Oasis Community Hub: North Bristol delivers integrated community development across North Bristol and in particular the communities surrounding Oasis Academies Long Cross (primary school), Bank Leaze (primary schools) and Brightstowe (secondary school). One objective of Oasis Community Hub: North Bristol is to provide wrap around care for students and their parents/carers at the Academy. Therefore, Oasis Community Hub: North Bristol works in close partnership with Oasis Academy Long Cross, Oasis Academy Bank Leaze and Oasis Academy Brightstowe in order to provide integrated and holistic community transformation.

Because the three Oasis Academies are able to articulate strong educational outcomes from the role of Hub Leader, a portion of their salary is funded from the Academy budgets. The Academies are 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: North Bristol 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: North Bristol has been specifically established to govern our charitable community activities in the area.

Plans for the future

Our vision as an Oasis Hub is to create a place where everyone is included, and everyone can thrive. The Hub does this by bringing together Oasis’ values, resources, expertise, and a diverse range of activities, partnerships and operations.

Our ambition for the year ahead is to work on embedding and sustaining all our current programmes and delivery with hopefully a year of less interruptions from the impact of Covid. We will be working on our enablers, looking at how we can secure long term funding and ensuring our delivery spaces are fit for purpose.

For our youth programmes, we aim to further develop our mentoring work within our academies, supporting our most vulnerable young people with a particular focus on attendance and school engagement for long term absentees. We are also hoping to work with young people to develop an open access youth provision within Shirehampton.

Page 7

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

For our advice and support programmes, we aim to focus our work on supporting families in crisis, providing financial support and aiding access to additional support services.

For our community shop, we aim to recruit further volunteers and increase our opening hours to consistently be open 5 days a week.

Change Makers : After successfully securing funding through the People’s Health Trust, we will be launching our Change Maker programme in Quarter 1 of 2021-22. This programme will seek to grow and develop our community movement and will give a particular focus to developing opportunities for local residents to become a “Change Maker” within their community through the development of social action projects.

In addition to all this, we will continue to be flexible and responsive to needs that arise within our community as we start to recover from the effects of the pandemic.

Financial review

The total income during the year ended 31st August 2021 amounted to £155,171 (2020: £150,883) and expenditure was £158,078 (2020: £131,956). Overall, the hub reported a deficit of £2,907 (2020: surplus of £18,927). As at 31 August 2021 net assets were £90,013 (2020: £92,920).

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 £39,520 for 2020/21. Many 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 2021 is £90,013 (2021: £92,920), with unrestricted funds of £12,338 (2020: £10,258) and restricted funds of £77,675 (2020: £82,662). The reserves policy has therefore been met.

Going concern

The Directors have considered the risks to the Hub, including the impact of Covid-19, and these include a reduction in lettings income and the ability for the Hub to carry out its activities in an environment where social distancing rules are expected to be in force for some time. 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.

DIRECTORS' RESPONSIBILITIES STATEMENT

The Directors (who are also Trustees of Oasis Community Hub: North Bristol 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).

Page 8

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2021

Company law requires the Directors to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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.

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 14 February 2022 and signed on their behalf by:

JOHN FULLER Director

Page 9

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

INDEPENDENT EAXMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2021

I report on the accounts of the charity for the year ended 31 August 2021.

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: 07/01/2022

Page 10

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2021

Note
INCOME FROM:
Donations and legacies
2
Activities for generating funds
Charitable activities
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3
TOTAL EXPENDITURE
NET EXPENDITURE FOR THE YEAR, BEING
NET MOVEMENT IN FUNDS
Total funds at 1 September 2020
TOTAL FUNDS AT 31 AUGUST 2021		 Unrestricted
funds

2021
£
5,507
-
-

Restricted
funds
Total
funds


2021
£
2021
£

138,301
143,808

6,661
6,661

4,702
4,702

Total
funds


2020
£

140,373

6,710

3,800
5,507
149,664
155,171
150,883
3,427
3,427
154,651
158,078
131,956

154,651
158,078
131,956
2,080
10,258
(4,987)
(2,907)

82,662
92,920
18,927

73,993
12,338
77,675
90,013
92,920

The notes on pages 12 to 18 form part of these financial statements.

Page 11

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee) REGISTERED NUMBER: 07237012

BALANCE SHEET AS AT 31 AUGUST 2021

Note
CURRENT ASSETS
Debtors
7
Cash at bank
CREDITORS:amounts falling due within
one year
8
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
9
Unrestricted funds
9
TOTAL FUNDS		 2021

£
£
4,600
92,705
97,305
(7,292)
90,013
90,013
77,675
12,338
90,013		 2021

£
£
4,600
92,705
97,305
(7,292)
90,013
90,013
77,675
12,338
90,013

£
-
96,331		 2020

£



92,290
96,331
(3,411)




90,013 92,290
77,675
12,338		 82,662
10,258
90,013 92,920

For the year ending 31/08/2021 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.

The financial statements were approved by the Directors on 14 February 2022 and signed on their behalf, by: :

JOHN FULLER Director

The notes on pages 13 to 19 form part of these financial statements.

Page 12

OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The accounts (financial statements) have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with FRS102 the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2 Company status

The company is a company limited by guarantee incorporated and domiciled in the UK and is a public benefit entity. The sole member of the company is Oasis Community Partnerships. 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 £10.

1.3 Going concern

The Directors have considered the risks to the Hub, including the impact of Covid-19, and these include the ability for the Hub to carry out its activities in an environment where social distancing rules are expected to be in force for some time. 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 Directors continue to adopt the going concern basis in preparing the accounts.

1.4 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund.

1.5 Income

Income is 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. Income includes gifts and donations and grants.

1.6 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 Hub’s operations and activities.

Page 13

OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1.7 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 Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.9 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.10 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.

1.11 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.

2. DONATIONS AND LEGACIES

Donations
Grants
Voluntary income		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2021
£
2021
£
2021
£
2020
£
698
4,254
4,952
11,247
4,809
134,047
138,856
129,126
5,507
138,301
143,808
140,373

Page 14

OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

3. CHARITABLE ACTIVITIES

CHARITABLE ACTIVITIES
Staff Costs:
Consultants
Salaried Staff
Governance Costs:
Audit fee
Other Direct Costs:
Rent
Training
Office costs
Telephone and Internet costs
Insurance
Utilities
Building repairs and maintenance
Bank charges
Management charges
Travel & subsistence
Subscriptions/registrations
Publicity
Other costs
Grants payable others
Equipment		 Unrestricted
funds
2021
Restricted
funds
2021
Total
2021
Total
2020
£
£
£
£
-
4,726
4,726
160
-
77,423
77,423
80,468
250
-
250
360
-
7,155
7,155
15,570
-
1,987
1,987
80
125
223
348
579
48
1,076
1,124
2,987
-
-
-
871
-
2,130
2,130
2,590
400
2,858
3,258
142
-
142
92
1,000
17,200
18,200
5,200
12
3,210
3,222
2,068
704
486
1,190
979
159
431
590
53
59
8,200
8,259
14,413
-
20,315
20,315
-
528
7,231
7,759
5,486
3,427
154,651
158,078
131,956

Staff working within the hub are employed by Oasis Community Partnerships Trust and costs are charged to the hub

4. GOVERNANCE COSTS

Independent examiner fee Total
funds
2021
Total
funds
2020
£
£
250
360

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OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

5. STAFF NUMBER AND EMOLUMENTS

Staff emoluments
Social security costs
Pension costs
Total		 Total
Total
2021
£
2020
£
68,203
70,380
4,549
3,718
4,671
6,370
77,423
80,468

During the year the average number of employees was 5 (2020: 5). No employee received remuneration amounting to more than £60,000 in the year (2020: nil).

The pension costs above relate to a defined contribution scheme, which is operated by Oasis Charitable Trust and were all charged to unrestricted or restricted expenditure, depending on the project the staff member is attributed to.

6. NET EXPENDITURE

This is stated after charging:

2021 2020
£ £
Auditor’s remuneration 250 360

During the year, no Director received any remuneration, benefits in kind or reimbursement of expenses (2020 - £NIL).

7. DEBTORS

Debtors 2021
2020
£
£
4,600
-

8. CREDITORS: Amounts falling due within one year

Trade creditors
Amount owed to group undertakings		 2020

£
7,006
286
7,292		 2020
£
637
2,774
3,411

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OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

9.

Oasis Hub - General
Youth - Restricted
Hub House - Restricted
St James Place – Restricted
Change Makers – Restricted
Friends of Long Cross - Restricted
Family Support - Restricted
Community Shop - Restricted
Total restricted funds
Total Funds		 Brought
Forward
£
10,258
48,935
-
-
-
4,305
1,156
28,266
82,662

Incoming
resources
Resources
Expended
Carried
Forward

£
£
£

5,507
(3,427)
12,338

49,215
(72,810)
25,340

10,388
(1,461)
8,927

10,000
-
10,000

6,548
(1,000)
5,548

138
(1,368)
3,075

47,450
(46,407)
2,199

25,925
(31,605)
22,586

149,664
(154,651)
77,675
92,920
155,171
(158,078)
90,013

Juicy Blitz is a restricted project youth involvement programme. It is a health, education and participation project for young people aged 10-19 and the funds will be used during the coming year. Friends of Long Cross is a parents group who have run a number of events and fundraisers for the children of Long Cross Academy. These funds will be available for the students in the coming year.

STATEMENT OF FUNDS - 2020

Oasis Hub - General
Youth - Restricted
Community - Restricted
Friends of Long Cross - Restricted
Family Support - Restricted
Community Shop - Restricted
Total restricted funds
Total Funds		 Brought
Forward
Transfers
between
funds
Incoming
resources
Resources
Expended
Carried
Forward
£
£
£
£
£
8,864
615
17,100
(16,321)
10,258
41,264
-
84,980
(77,309)
48,935
615
(615)
-
-
-

4,585
-
-
(280)
4,305
770
-
6,470
(6,084)
1,156
17,895
-
42,333
(31,962)
28,266
65,129
(615)
133,783
(115,635)
82,662
73,993
-
150,883
(131,956)
92,920

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OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2021

Restricted
funds
2021
£
Current assets
82,275
Current liabilities
(4,600)
77,675
ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2020
Restricted
funds
2020
£
Current assets
86,073
Current liabilities
(3,411)
82,662		 Restricted
funds
2021
£
82,275
(4,600)

Unrestricted
funds
Total
funds

2021
2021

£
£

15,030
97,305

(2,692)
(7,292)

12,338
90,013


Unrestricted
funds
Total
funds

2020
2020

£
£
10,258
96,331
-
(3,411)
10,258
92,920
77,675
82,662

11. ULTIMATE PARENT UNDERTAKING

The company is a wholly owned subsidiary of Oasis Community Partnerships (OCP), a company incorporated in England (registered number 08749179) and a registered charity (number 1163889 CP is the immediate parent company and has the power to appoint and remove trustees. Oasis Community Partnership prepares consolidated financial statements and this is the smallest group for which accounts are prepared that incorporate Oasis Community Hub: North Bristol. 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:

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: North Bristol, 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:

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OASIS COMMUNITY HUB: NORTH BRISTOL (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

12. RELATED PARTY TRANSACTIONS

At year end there is a balance of £286 (2020: £2,774) owed by the Hub to Oasis Community Partnerships.

There were no other related party transactions.

Page 19