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2025-08-31-accounts

Registered number: 07237011 Charity number: 1137025

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Directors and advisers 1
Directors' report 2 – 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 – 15

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

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

Directors

S Cross (resigned 11 November 2024) N Whittle C Blakely A Hornsby (appointed 12 November 2024)

Company registration number

07237011

Charity registration number

1137025

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: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT (continued) 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 audited financial statements of Oasis Community Hub: Henderson Avenue (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[th] April 2010 and is a registered charity number 1137025.

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).

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 Charitable Trust.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

Oasis Community Hub: Henderson Avenue (the Company) is a company limited by guarantee, whose registered number is 07237011. It is also a registered charity, number 1137025. The Company is governed by a Memorandum and Articles of Association of 27[th] 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.

e. RISK MANAGEMENT AND GOING CONCERN

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.

Page 2

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT (continued) FOR THE YEAR ENDED 31 AUGUST 2025

The Directors consider that Oasis Community Hub: Henderson Avenue 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 identifying 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 2024/25

Our Vision

Our vision is for community - a place where everyone is included, making a contribution and reaching their Godgiven potential .The hope is to create grassroots initiatives that empower local neighbourhood by providing opportunities to develop new skills, leadership potential, and positive life experiences. We aim to respond to both the assets and needs of our neighbourhood, ensuring that community members are actively involved in designing, delivering, and leading activities and enterprises. We believe that true transformation happens when individuals are equipped and supported to lead change for themselves and their communities.

Oasis Community Space

In the community space, we have seen significant changes in how the community has used space. We said goodbye to longstanding partners such as Plus Skills Centre, who transitioned their own premises; we welcomed new and exciting ventures. One notable addition is the small enterprise Beautiful Madhouse, a beauty business, who has struggled to survive on the Highstreet, but their presence has brought fresh energy and vibrancy to the space.

Our commitment to inclusivity and support has also deepened through our work with asylum seekers. We have become a genuine safe space for individuals navigating complex systems, this has been created by our team have been welcoming and supportive to all, providing practical assistance but also fostering a sense of belonging and dignity.

Youth Café

Youth Café continues to thrive as a collaborative effort between Oasis, Community Vision, and the Youth Justice Partnership. Our weekly sessions have been enriched with creative initiatives such as Game Lab and a Pop-Up Restaurant, where young people invited friends and family to enjoy meals they prepared and served. Events not only built confidence and hospitality skills but also introduced a reward system where young people earned points redeemable at the community pantry, encouraging responsibility and engagement.

Page 3

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT (continued) FOR THE YEAR ENDED 31 AUGUST 2025

Cadent Project

We have reached 99 families who were previously unaware of services available to them. Our project has seen the distribution 263 slow cookers since January 2025, these have allowed us to promote healthier lifestyles and financial resilience. This initiative also dovetailed with our Warm Spaces program, where we hosted evening events during winter to help families feel comfortable accessing the hub.

Good Coffee

Our coffee shop continues to grow in popularity and impact. We had 6032 sales across the year, averaging serving 125 people each week. Beyond being a welcoming space for groups and regular visitors, it serves as a platform for youth development. We have trained and supported several young people, equipping them with realworld experience that has led to permanent employment opportunities. Good Coffee is not just a café, it is building community, fostering connection, skill-building, and hope.

Resettlement

We have managed to secure funding from March 2025 for a new part time member in the team (10 hours). This role has enabled us to work with asylum seekers including 35 one-to-one sessions, providing support on a range of needs such as housing assistance, understanding individual circumstances, and completing necessary documentation. In total, she worked with 9 individuals, dedicating approximately 25 hours to ensure they received tailored guidance and practical help.

Relationship of Oasis Community Hub: Henderson Avenue 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 Henderson Avenue

These are described 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.

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

  2. 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.

Page 4

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT (continued) FOR THE YEAR ENDED 31 AUGUST 2025

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

3. Oasis Community Hub: Henderson Avenue and its partnership with Oasis Academies

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

Oasis Community Hub: Henderson Ave delivers integrated community development across the Crosby and Park Ward of Scunthorpe and in particular the communities surrounding Oasis Academy Henderson Avenue. One objective of Oasis Community Hub: Henderson Ave is to provide wrap around care for students and their parents/carers at the Academy. Therefore, Oasis Community Hub: Henderson Ave works in close partnership with Oasis Academy Henderson Ave in order to provide integrated and holistic community transformation.

Financial review

The total incoming resources during the year ended 31st August 2025 amounted to £193,749 (2024: £131,983). Expenditure amounted to £189,177 (2024 £127,670). The overall result is a surplus of £4,572 (2024: £4,313 deficit) leaving negative retained funds of £6,813 (2024: £11,385 negative) split £8,881 negative (2024: £7,055 negative) unrestricted and £2,068 (2024: £4,330 negative) restricted.

Going concern

The Directors have considered the risks to the Hub and have confirmed that the major sources of grant funding are committed. Furthermore, the Directors are confident that costs will only be incurred to the extent that funding is secured. The Directors have adopted the going concern basis in preparing the accounts due to the support from the parent company Oasis Community Partnerships.

Plans for the future

Looking ahead to 2026, our priorities include:

Good Coffee + Pantry

We plan to streamline operations by opening the coffee shop and pantry on Tuesdays and Thursdays, while dedicating Wednesdays as a Warm Space during winter months, offering a more self-service model to maximize accessibility and efficiency.

Scunthorpe Tomorrow

We are in active discussions with the council to contribute to community engagement under the UK Government’s Pride and Place funding. Our role will involve delivering broad consultations through ten Neighbourhood Labs, one Place Labs, and one Youth Lab in September and October, ensuring local voices shape future development.

Asylum Seeker Support

Our demand for asylum seeker support has grown significantly. We are exploring an increase in coordinator hours to 24 per week. Our vision is to expand this offer into a co-developed model of support, potentially introducing a virtual currency system to incentivize engagement and recognize contributions, creating a sense of value and belonging for participants.

Page 5

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

DIRECTORS' REPORT (continued) FOR THE YEAR ENDED 31 AUGUST 2025

Cadent

Our approach moving forward is to focus on slow cooker sessions and our educational sessions which will be done in partnership with Oasis Academies. We are hoping to engage other schools in the process to ensure our reach is with both primary and secondary schools.

DIRECTORS' RESPONSIBILITIES STATEMENT

The Directors (who are also Trustees of Oasis Community Hub: Henderson Avenue 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.

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:

N Whittle

Director

Page 6

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF OASIS COMMUNITY HUB: HENDERSON AVENUE

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 7

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

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

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

2025
£
2025
£
2025
£
560
-
560
833
89,304
90,137
71,887
25,965
97,852		 Total
funds
2024
£
50
50,616
81,317
73,280
115,269
188,549		 131,983
75,106
114,071
189,177		 127,670
75,106
114,071
189,177
(1,826)
1,198
628
-
-
-
(7,055)
(4,330)
(11,385)		 127,670
(4,313)
-
(15,698)
(8,881)
(3,132)
(12,013)		 (11,385)

The notes on pages 10 to 15 form part of these financial statements.

Page 8

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

BALANCE SHEET AS AT 31 AUGUST 2025

Note
CURRENT ASSETS
Cash at bank
Debtors
5
CREDITORS:amounts falling due
within one year
6
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted Funds
7
Unrestricted funds
7
TOTAL FUNDS

£
3,263
258		 2025

£



(12,013)

£
15,688
2,719


2024
£
(11,385)
3,521
(15,534)		 18,407
(29,792)
(12,013) (11,385)
(3,132)
(8,881)		 (4,330)
(7,055)
(12,013) (11,385)

For the year ending 31/08/2025 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:

N Whittle Director

The notes on pages 10 to 15 form part of these financial statements.

Page 9

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The accounts (financial statements) have been prepared in accordance with the Charities SORP (FRS 102) applicable to charities preparing their accounts in accordance with FRS 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

Under FRS 102 the charity claims an exemption for preparing a cash flow statement. The parent company (Oasis Community Partnerships), prepares consolidated accounts, which include a group cash flow statement and the hub companies are consolidated into this.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity.

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 and it’s 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 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.

1.4 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. The incoming resources includes gifts and donations and grants.

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 hub’s operations and activities.

Page 10

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Cont.) 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 Going Concern

Despite the negative equity, Oasis Community Hub: Henderson Avenue continues to operate as a going concern due to the support of its parent company, Oasis Community Partnerships.

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.

1.12 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 11

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 AUGUST 2025

2. VOLUNTARY INCOME

Gifts and Donations
Grants
Other Income:
Invoiced Services
SLA Income
Merchandise Sales
Other Income		 Unrestricted
funds
Restricted
funds
Total
funds
2025
£
2025
£
2025
£
560
-
560
833
94,504
95,337
23,340
-
23,340
31,878
-
31,878
83
25,925
26,008
16,586
40
16,626		 Total
funds
2024
£
50
50,616
22,656
25,071
18,407
15,183
73,280
120,469
193,749		 131,983

3. CHARITABLE ACTIVITIES

Governance costs
Staff costs
Training costs
Bank charges
Travel and food costs
Building improvements
Equipment
Website costs
Subscriptions
Publicity and advertising
Telephone costs
Rent payable
Rates payable
Consumables
Coffee shop consumables
Office costs
Professional/Consultancy fees
Other Costs		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2025
£
2025
£
2025
£
2024
£
542
-
542
410
54,807
44,672
99,479
71,848
170
623
793
48
855
-
855
160
940
2,129
3,069
2,073
1,040
-
1,040
659
1,784
8,640
10,424
4,170
57
538
595
1,060
347
3,762
4,109
1,063
225
10,128
10,353
753
298
14
312
434
5,500
-
5,500
8,050
268
-
268
538
576
8,821
9,397
8,296
-
5,824
5,824
5,937
3,233
409
3,642
2,185
-
15,655
15,655
9,778
4,464
12,856
17,320
10,209
75,106
114,071
189,177
127,670

Page 12

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 AUGUST 2025

4. NET INCOMING RESOURCES

This is stated after charging:

2025
£
Independent examination fee
542
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).
5.
DEBTORS:
2025
£
Debtors
258
258
6.
CREDITORS:
Amounts falling due within one year
2025
£
Creditors
4,129
Intercompany
11,405
15,534		 2024
£
410
2024
£
2,719
2,719
2024
£
4,375
25,417
29,792

7. STATEMENT OF FUNDS - 2025

Unrestricted funds
Restricted Funds
SIT Upholstery
Youth
ERDF/ESF
Community Fund
Pantry
Retail
Adult Education
Cadent		 Brought
Forward
Transfers
Income
2025
Expenditure
2025
Carried
Forward
£
£
£
£
£
(7,055)
-
73,280
(75,106)
(8,881)
(278)
-
-
(4,701)
(4,423)
296
-
2,843
(3,085)
54
(12,549)
-
-
-
(12,549)
17,156
(8,300)
45,051
(53,303)
604
(48)
3,348
3,300
(6,600)
-
(9,392)
(48)
25,755
(24,311)
(7,996)
485
5,000
-
(3,456)
2,029
-
38,320
(18,615)
19,705
(11,385)
-
188,549
(189,177)
(12,013)

The overdrawn restricted funds are covered by a guarantee from Oasis Community Hub Henderson Avenues parent company, Oasis Community Partnerships (OCP). The OCP Board have underwritten the deficit balance.

Page 13

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 AUGUST 2025

STATEMENT OF FUNDS - 2024

Unrestricted funds
Restricted Funds		 Brought
Forward
£
(3,637)
(12,061)

Transfers
between
Income
2024
Expenditure
2024
Carried
Forward

£
£
£

-
63,346
(66,764)
(7,055)

-
68,637
(60,906)
(4,330)
(15,698)
-
131,983
(127,670)
(11,385)

8. ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2025

Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Current assets 5,277 (1,756) 3,521
Creditors due within one year (14,158) (1,376) (15,534)
(8,881) (3,132)
(12,013)

ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2024

Unrestricted
funds
Restricted
funds
2024
£
2024
£
Current assets
19,473
(1,066)
Creditors due within one year
(26,528)
(3,264)
(7,055)
(4,330)		 Unrestricted
funds
Restricted
funds
2024
£
2024
£
Current assets
19,473
(1,066)
Creditors due within one year
(26,528)
(3,264)
(7,055)
(4,330)		 Total
funds
2024
£
18,407
(29,792)
(7,055)
(4,330)
(11,385)

Page 14

OASIS COMMUNITY HUB: HENDERSON AVENUE

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 AUGUST 2025

9. 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: Henderson Avenue. 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: Henderson Avenue, 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:

10. RELATED PARTY TRANSACTIONS

In the year the hub was charged £6,444 (2024: £3,024) for support services. At the year-end a balance of £11,405 (2024: £ 25,417) was owed by the hub to OCP.

There were no other related party transactions.

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