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2022-08-31-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 2022

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 – 8
Independent examiners’ report 9
Statement of financial activities 10
Balance sheet 11
Notes to the financial statements 12 – 18

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 2022

Directors

JK Fuller (Resigned 14 September 2022) K Williams (Resigned 10 November 2022) B Simmonds C Ferdinando (Appointed 11 November 2021) S Marie-Smith (Appointed 5 July 2022)

Company registration number

07237012

Charity registration number

1136930

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

DJ Parr (Resigned 5 July 2022) K Simmonds (Appointed 5 July 2022)

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 2022

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 2022. 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 2022

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 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 2021/22

The vision for Oasis Community Hub: North Bristol is to endeavour to bring about community transformation; helping to create a local community where people of all ages and situations feel included, know they can contribute and realise a deep sense of belonging. We aim to achieve this through the delivery of a range of services and opportunities that respond to local need. Oasis Community Hub: North Bristol is primarily focused on the Lawrence Weston, Shirehampton, Sea Mills and Avonmouth areas of North Bristol.

The work of the hub incorporates three Oasis Academies, OA Longcross, OA Bankleaze and OA Brightstowe, as well as the variety of projects and services run through the Oasis Community Hub: North Bristol charity. We are an organisation striving to be “of” its community and our staff, volunteers and trustees have connections to our local area or have lived experience of the kinds of social difficulties we support people to overcome. It is this connection to the community we work in that enhances our work, makes it accessible for local people and enables us to work towards our vision.

The year 2021 -22 was not without its challenges. The departure of a long time Hub Leader and a project lead followed by subsequent recruitment difficulties meant that remaining staff and volunteers had to “act – up” to fulfil vital roles. Time and again staff did what was necessary to fulfil our local responsibilities to the best of their ability, demonstrating a real spirit of perseverance during this period. Staff sickness also played a part as several key staff and volunteers were impacted by Covid-19 and then by long covid.

However, despite all this there is much we can be proud on as we look back over the last 12 months and much to be excited about as we look forward.

Youth Work

Our youth and community work team have continued their excellent work with young people and families this year. 2021/22 has been the year of emerging from the pandemic. This period has presented new challenges, new learnings, and opportunities around the way we support families and young people. Attendance at our academies has taken a significant hit as pupils struggle to deal with our post lockdown society, changes within academies and a spike in social anxiety across the community.

Page 3

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2022

Our youth provision has responded to this complex level of need, through a multifaceted package of support that engages young people both inside our academies and within the community. The package we offered has included open access sessions and targeted support.

Working closely with the pastoral team at Oasis Academy Brightstowe we delivered a comprehensive attendance mentoring programme for students with poor school attendance. We delivered both 1 to 1 and group mentoring. During the year we delivered 153 individual mentoring sessions and 40 group sessions. As part of this provision, we provided transport for students who were struggling to get to school. Over the year we delivered 206 journeys to and from school. We also delivered 15 crisis mentoring sessions where we acted to intervene and support students in crisis.

A key part of our youth work during 21/22 is our detached sessions. Our youth workers engaged young people outside of a youth club setting, going to the places where young people are, engaging with them, building relationships, and encouraging them into activities. Over the year we delivered 43 detached youth work sessions, making 604 contacts, and engaging 369 unique young people.

In addition to our street based detached sessions we also delivered lunchtime engagement sessions (within our academies) and our Gypsy, Roma, Traveller (GRT) targeted sessions at St Stephens transition site which we deliver in partnership with a Bristol based youth provider, Learning Partnership West (LPW).

We believe that open access youth provision is a core offer to any youth work programme. Opportunity for young people to be able to “turn up” at a space each week knowing they will be welcomed and catered for is a powerful aspect of youth work. Our weekly Open Access Youth Club enjoyed another successful year despite several periods of closure due to staff shortages. Working from our local Lawrence Weston Youth Club we were able to deliver 30 Youth Club sessions across the year. During each session we provided positive activities, informal education opportunities and crucially a hot meal for each attendee. At those 30 sessions we engaged 72 individual young people who attended 426 times between them.

In communities where many families face life altering social pressures such as low-income, domestic abuse or addiction the school holidays can be a boiling point as opposed to a holiday. For many children and families without the routine and consistency of the school day the time off can be a struggle. School as good as guarantees certain things such as food, safety, and structure. When those things are absent during a school holiday children and families are vulnerable. During the year 21/22 we delivered holiday programmes during school holidays in October, Feb, Easter, June, and Summer. Outdoor pursuits days, youth club sessions and sports days were all included and a meal for each participant was provided at every session. 143 young people accessed our holiday programmes during the year.

We are committed to the career development of people within our community. During 21/22 our staff team contained 3 out of 5 staff members who had first accessed our Hub as service users and have progressed to become staff members. Seeking to continue this legacy we were keen to offer two work experience places to Oasis Academy Brightstowe and were delighted that two local young people took up the offer and worked with us during the summer.

Page 4

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2022

Community Development

As a community development organisation, we were delighted to receive funding from the People’s Health Trust to run a Changemakers programme over a 3-year period starting in 2021-22. This programme is aimed at developing resident led community development work alongside residents and local stakeholders to encourage locally led initiatives that benefit the community. The first year has been disrupted by key recruitment issues and it was very hard to sustain any momentum around the work. However, in May 2022 a new Hub Leader was appointed who was able to get the project back on track. Between May 22 and Aug 22, we hosted 7 drop in coffee afternoons and 2 local resident meetings to speak to local people about being involved in this work going forward. We also did 2 door knocking sessions and held 14 community building conversations with residents and 1 event planning session. We have started and grown three community led initiatives as part of the Changemakers programme, the Community Food Pantry, the Community Shop and Hill Top Tots toddler group.

For the first part of 21/22 we were playing a supporting role in the delivery of the weekly community food club run by the charity Family Action, providing several local volunteer staff and a venue. However, in April 22 when it became clear that Family Action would be unable to continue this provision local community members expressed interest in continuing a similar provision. This saw the beginning of our resident led Community Food Pantry. This work has been driven by a local resident with an incredible passion and desire to support local people in our community supported by local volunteers and by our staff. We have also provided insurance, staff training and brought in external funding to enhance the work.

Within the period of April 22 and August 22 the Pantry was run 25 times (every week) and supported an average of 20 households per week with up to £20’s worth of food equating to 6,000 meals in that period.

Our Community Shop has also had a difficult year largely again disrupted by the aftermath of Covid-19 lockdown and staffing shortages. However, in April 22 a new Shop Assistant was appointed (3 days per week) and this has led to an increase in volunteers. In July 22 we became a Bristol City Council Community Covid-19 Champion, meaning the shop site could be used by the Council and NHS to promote vaccine uptake and as a result the shop received some funding towards its running costs.

Our Hilltop Tots Toddler Group stopped in Jan 22 on the departure of the Community Engagement Worker but is in the plans to be restarted in 22/23.

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.

Page 5

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2022

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 53 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 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.

Youth Work: During 2022/23 we will be continuing all of our youth programmes, delivering open access, detached and targeted youth work. We have agreed a package of youth work support for Oasis Academy Brightstowe and have recruited 2 new part time youth workers who are local and have volunteered with us. We are delighted to continue our legacy of employing local people. We have submitted an expression of interest to the Youth Investment Fund to develop our Hub House space so that we can run targeted youth sessions.

Page 6

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2022

Food Pantry: We have been delighted with the success of the local community food pantry, since taking over its running in April 2022. We believe we have developed a model that will one day make the pantry selfsustaining. In 2022/23 we will be rolling that model out twice a week and offering it in a new location in the locality.

Community Shop: Plans for the shop are to continue to increase the number of days we are open. This ultimately will rely on good volunteer recruitment and management. Our target is to be open 5 days a week. We have secured funding to ease some of the financial pressure but will continue to work towards our sales target of 300 sales per month at an average value of £3.30. We have submitted an expression of interest to receive £60,000 from the Bristol Resilience Fund to refurbish the shop. We hope that it will improve its economic and environmental resilience.

Change Makers : After a disrupted first year we are now back on track with this work and expect a successful year two, developing our community movement and culminating in a community led event in the summer of 2023.

Family Support Work: Supporting local families remains a key part of our work, in particular responding to crisis situations. We are developing a referral system and gathering funds to be able to offer this.

Together as a team, with our community work, links with Oasis Academies we will champion character transformation and personal and spiritual wellbeing throughout the Hub, focussing on developing people socially, spiritually, and morally through Oasis’ ‘9 Habits’ and Oasis Ethos.

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 2022 amounted to £118,117 (2021: £155,171) and expenditure was £131,373 (2021: £158,078). Overall, the hub reported a deficit of £13,256 (2021: deficit of £2,907). As at 31 August 2022 net assets were £76,757 (2021: £90,013).

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 £32,845 for 2021/22. 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 2022 is £76,758 (2021: £90,013), with unrestricted funds of £3,545 (2021: £12,338) and restricted funds of £73,212 (2021: £77,765). The reserves policy has therefore been met.

Page 7

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT (cont.) FOR THE YEAR ENDED 31 AUGUST 2022

Going concern

The Directors have considered the risks to the Hub, including the impact of the cost of living crisis. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be delivered. 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).

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 30 January 2023 and signed on their behalf by:

B Simmonds

Director

Page 8

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee)

INDEPENDENT EAXMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2022

I report on the accounts of the charity for the year ended 31 August 2022.

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: 30 January 2023

Page 9

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 2022

Note
INCOME FROM:
Donations and grants
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 2021
TOTAL FUNDS AT 31 AUGUST 2022		 Unrestricted
funds

2022
£
2,276
-
10,631

Restricted
funds
Total
funds


2022
£
2022
£

67,322
69,598

37,451
37,451

437
11,068

Total
funds


2021
£

143,808

6,661

4,702
12,907
105,210
118,117
155,171
21,700
21,700
109,673
131,373
158,078

109,673
131,373
158,078
(8,793)
12,338
(4,463)
(13,256)

77,675
90,013
(2,907)

92,920
3,545
73,212
76,757
90,013

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

Page 10

OASIS COMMUNITY HUB: NORTH BRISTOL

(A company limited by guarantee) REGISTERED NUMBER: 07237012

BALANCE SHEET AS AT 31 AUGUST 2022

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		 2022

£
£
2,256
75,479
77,735
(978)
76,757
76,757
73,212
3,545
76,757		 2022

£
£
2,256
75,479
77,735
(978)
76,757
76,757
73,212
3,545
76,757

£
4,600
92,705		 2021

£
90,013
97,305
(7,292)




76,757 92,290
73,212
3,545		 77,675
12,338
76,757 90,013

For the year ending 31/08/2022 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 30 January 2023 and signed on their behalf, by: :

B Simmonds Director

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)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

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 the cost of living crisis. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be delivered. 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.

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 12

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

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 GRANTS

Donations
Grants
Voluntary income		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2022
£
2022
£
2022
£
2021
£
2,276
1,213
3,489
4,952
-
66,109
66,109
138,856
2,276
67,322
69,598
143,808

Page 13

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

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
Grants payable others
Equipment
Other costs		 Unrestricted
funds
2022
Restricted
funds
2022
Total
2022
Total
2021
£
£
£
£
-
-
-
4,726
11,841
70,243
82,084
77,423
275
-
275
250
-
7,693
7,693
7,155
65
183
248
1,987
9
388
397
348
337
804
1,141
1,124
-
1,729
1,729
-
-
3,934
3,934
2,130
-
1,248
1,248
3,258
83
-
83
142
-
3,456
3,456
18,200
215
2,286
2,501
3,222
972
104
1,076
1,190
1,241
35
1,276
590
-
10,296
10,296
20,315
20
3,345
3,365
7,759
6,642
3,929
10,571
8,259
21,700
109,673
131,373
158,078

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
2022
Total
funds
2021
£
£
275
250

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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 2022

5. STAFF NUMBER AND EMOLUMENTS

Staff emoluments
Social security costs
Pension costs
Total		 Total
Total
2022
£
2021
£
69,587
68,203
6,103
4,549
6,394
4,671
82,084
77,423

During the year the average number of employees was 5 (2021: 5). No employee received remuneration amounting to more than £60,000 in the year (2021: 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:

2022 2021
£ £
Auditor’s remuneration 275 250

During the year, no Director received any remuneration, benefits in kind or reimbursement of expenses (2021 - £NIL).

7. DEBTORS

Debtors 2022
2021
£
£
2,256
4,600

8. CREDITORS: Amounts falling due within one year

Trade creditors
Amount owed to group undertakings		 2022

£
679
299
978		 2021
£
7,006
286
7,292

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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 2022

9. STATEMENT OF FUNDS - 2022

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
Food Pantry - Restricted
Total restricted funds
Total Funds		 Brought
Forward
£
12,338
25,340
8,927
10,000
5,548
3,075
2,199
22,586
-
77,675

Incoming
resources
Resources
Expended
Carried
Forward

£
£
£
12,907
(21,700)
3,545
73,986
(72,464)
26,862
-
(3,850)
5,077
-
(10,000)
-
6,457
(3,600)
8,405
-
-
3,075
3,811
(1,225)
4,785

15,956
(18,428)
20,114
5,000
(106)
4,894
105,210
109,673
73,212
90,013 118,117
(131,373)
76,757

STATEMENT OF FUNDS - 2021

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
Incoming
resources
Resources
Expended
Carried
Forward
£
£
£
£
10,258
5,507
(3,427)
12,338
48,935
49,215
(72,810)
25,340
-
10,388
(1,461)
8,927
-
10,000
-
10,000
-
6,548
(1,000)
5,548
4,305
138
(1,368)
3,075
1,156
47,450
(46,407)
2,199
28,266
25,925
(31,605)
22,586
82,662
149,664
(154,651)
77,675
92,920
155,171
(158,078)
90,013

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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 2022

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2022

Current assets
Current liabilities		 Restricted
funds
2022
£
73,617
(405)

Unrestricted
funds
Total
funds

2022
2022

£
£

4,118
77,735

(573)
(978)

3,545
76,757
73,212

ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2021

Current assets
Current liabilities		 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
77,675

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.

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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 2022

OCT’s principle objectives are to:

12. RELATED PARTY TRANSACTIONS

During the year Oasis Community Partnerships paid for salaries of £82,084 (2021 - £77,423) which were recharged to the Hub. In addition £5,520 of other service costs were recharged (2021 - £7,692). At year end there is a balance of £299 (2021: £286) owed by the Hub to Oasis Community Partnerships.

There were no other related party transactions.

Page 18