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← Oasis Community Hub: South Bristol

2023-08-31-accounts

Registered number: 7236795 Charity number: 1138870

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

CONTENTS

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

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2023

Directors

JK Fuller (resigned 14 September 2022) B Simmonds K Williams (resigned 10 November 2022) C Ferdinando S Marie-Smith

Company registered number

7236795

Charity registered number

1138870

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

K Simmonds

Page 1

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

The Directors (who are also Trustees of the charity for the purposes of the Charities Act) present their annual report together with the unaudited financial statements of Oasis Community Hub: South Bristol (the company) for the year ended 31 August 2023. 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 2015 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 2015).

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 27/04/2010 and is a registered charity number 1138870.

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

b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS

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

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF DIRECTORS

Policies for the induction and training of new directors follow those of the Parent and Guarantor, Oasis Charitable Trust.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

Oasis Community Hub: South Bristol (the Company) is a company limited by guarantee, whose registered number is 7236795. It is also a registered charity, number 1138870. 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. Oasis Charitable Trust is the founding member and guarantor. 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’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

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.

Page 2

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

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 community activity and cohesion. This will be achieved by identify and understanding the needs and issues within the community and by applying the Oasis Ethos to everything. The Oasis Ethos is:

The vision for Oasis Community Hub: South 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: South Bristol is primarily focused in the Knowle West, Filwood, Brislington and Hengrove areas of South Bristol. The work of the hub incorporates the five Oasis Academies in the area, as well as the variety of projects and services we are developing as part of the South Bristol Hub charity. There will also be a new addition to this September 2023 which will be the new academy, Oasis Academy Daventry Road.

Achievements and Performance 2022/23

For the last two years at Connaught, our hub has been reactive in supporting the community. As Covid had such a detrimental impact, we have been working with families and members of our community to offer support, advice and guidance around food, money, improving mental health and reducing isolation in the wake of the pandemic. To continue this vital work and to become more sustainable, we applied for several grants to continue funding the role of the Community Project Worker on site which has been extended for another year.

We applied for and were successful with funding to support our community in three key areas: food poverty, family support and for giving children and families greater life experiences. Our work continues to focus around Knowle West as this has very high levels of deprivation.

In 21/22 a community project worker was appointed within the Oasis Academy in Brislington and they continued in post until April 2023. This enabled us to establish and equip a physical space within the school as a ‘Community Hub’ from where we were able to run activities and events throughout the year.

Page 3

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Highlights:

Food Poverty and Family Support

Food Poverty is one of the highest causes of deprivation in our local community. Our Food Club in partnership with Family Action has been running for over 2 years and we see over 45 families accessing this provision. This is a crucial element of our community hub as people rely on this. In December 2022 we organised for 72 families to receive a food hamper to ensure that they had food over the Christmas period.

We set up our Oasis “Living Room” in November 2022 in response to the fuel crisis. This provides a warm comfortable space for families to come throughout the day. Alongside this we run an “open kitchen” where families can cook a meal for their family to either eat whilst with us or take home for later. This was a huge success with 6-10 families attending every week throughout the winter period and 44 meals each week being provided.

We believe that educating children and their families on how to cook healthy balanced meals is a key factor in reducing food poverty as it enables families to use their skills, such as buying food at a lower price than buying already made meals which potentially cost more. We have also been delivering adult cooking classes during the school day, to allow various members of our community to attend without families worrying about sourcing childcare. This has instilled confidence and we have also learnt that some of our families are now batch cooking which is brilliant.

We also ran a school uniform bank and 8 clothes swap events over the course of the year.

Holiday Activities

Over the last year, holiday activities were a key focus for us. We were successful in securing Holiday Activity Fund (HAF) for Easter, Summer and Christmas. We know that for families to occupy their children in the holidays, can be expensive. We have also witnessed what stress this can bring to the family as parents often put themselves in debt to give their children opportunities.

Throughout the course of the year, we ran 7 full weeks of activities during the holidays where children and their families could attend trips and get a free lunch. Offering a range of activities from visits to amusement parks, water sports, days out at the beach, swimming, sports fitness, art and wellbeing workshops. In addition, as part of our summer provision we delivered transition days which were for students starting in year 7. Over 250 children attended sessions at the academy run by the community hub and outside providers.

During the sessions children were encouraged to work with new people, hone their communication and listening skills, complete tasks, work therapeutically with nature, self-observe, take part, get active, create, make, story-tell, and have fun. Each day the children had the chance to cook themselves a delicious lunch which we all sat down and shared together before going home. Learning practical skills to take away for another day.

Events & Learning

We ran a range of events throughout the last academic year.

In the lead up to Christmas 2022 we again worked with our fantastic student academy council to coordinate a special surprise for our local older peoples care home. The students made personalised Christmas cards for all 60 residents and a group of students, staff and parents/carers visited the home to sing carols for the residents. The older residents, many of whom have dementia really enjoyed seeing the young people and lots of them joined us in singing the along to the carols. During December we also organised a present appeal from members of our community who donated brand new gifts that would then be distributed to members of our community. We supported over 300 people with this.

Page 4

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

We have been working closely with Oasis Academy Connaught to run a Mini Police programme. This allowed 14 students to learn about the role of the Police and what it would be like to have a career with them. This also removed some of the perceptions around Police and ensured that our community saw them in a positive light. This has also opened other conversations around careers and jobs with parents.

We have maintained our lunchtime support club in the Hub for our EAL students. We have 60 languages spoken by over 150 students who don’t have English as a first language. This is a safe space for those who struggle with English in relation to their peers and includes those who have recently moved to Britain as refugees. Whilst most of those students don’t need additional support there are small number who really benefit. The club gives the students a chance to practice their English by playing games, having conversations, reading magazines etc.

We also ran an after-school club in the hub called ‘Community Action Club’, designed to give interested students a chance to get involved in volunteering within their local community. We had 23 students take part, developing and planning projects to make the area in which they live a better place for everyone and to tackle isolation.

A local community organisation Brislington Schools Enrichment Trust closed in October 2022. As part of their closing process, the trustees formally passed the following resolution:

“Trustees of Brislington School Enrichment Trust resolves to transfer the monies owned by the Trust to Oasis Community Hub South Bristol (OCHSB) as they become available. This transfer is made subject to the understanding that the funds so donated will be ring fenced for the use of enriching the life and educational opportunities of students of Oasis Academy Brislington and Trustees have placed reliance on the assurance regarding this provided in the letter dated 27" May from John Fuller as chair of OCHSB.” Once we have received all the funds, the Brislington Hub Council will be responsible for deciding how to use this funding to support students of Oasis Academy Brislington. We would like to express our sincere thanks to BSET for gifting us this opportunity to support our young people of Brislington with this funding in the future.

Relationship of Oasis Community Hub: South 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 local Oasis 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 53 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

Page 5

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

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

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

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

Financial review

These accounts represent the activity for the year ended 31 August 2023. The total incoming resources during the period ended 31st August 2023 amounted to £218,284 (2022: £72,633). Expenditure amounted to £64,181 (2022: £40,092). The overall result is a surplus of £154,103 (2022: £32,541).

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.

Plans for the future

The focus for 23/24 will be to build a strong staff team and structure to support the incredible work we have developed over the last few years.

Together with our 6 Oasis academies in South Bristol, we have formed a new structure whereby we will have 3 unique hubs: Oasis Hub Knowle West (including our Marksbury Road, Connaught and Daventry Road academies), Oasis Hub Brislington (Including Oasis academy Brislington) and Oasis Hub Hengrove (Including Oasis Academy John Williams and New Oak). These 3 hubs will together sit under the umbrella or group term “Oasis Hub South Bristol” and be supported by the Oasis Community Hub South Bristol charity. We plan to appoint a new Strategic Community Development Lead to oversee the South Bristol Hub and then a community project worker for each hub to lead the delivery of local programmes and an administrator to support the whole team.

This new team and structure will see the beginning of an exciting period of growth for the charity. We will work with and alongside local residents in each of our 3 areas to develop a community plan that is owned and fulfilled by local people.

This plan will build from the work we have already started around adult education, food poverty and holiday programmes with a strong focus on supporting the students and families within our academies.

Page 6

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

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.

DIRECTORS' RESPONSIBILITIES STATEMENT

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

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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

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

In preparing this report the Director 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 08/01/2024 and signed on their behalf, by:

B Simmonds Director

Page 7

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

EXAMINER’S REPORT

FOR THE YEAR ENDED 31 AUGUST 2023

I report on the accounts of the charity for the year ended 31 August 2023.

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: 08/04/2024

Page 8

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2023

Note
INCOME
Gifts and Donations
2
Grants
2
Other Income
2
TOTAL
RESOURCES EXPENDED
Charitable activities
3
TOTAL
MOVEMENT IN TOTAL FUNDS FOR THE
YEAR – NET INCOME/(EXPENDITURE) FOR
THE YEAR
Transfer between funds
Total funds at 1 September 2022
TOTAL FUNDS AT 31 AUGUST 2023		 Unrestricted
funds
2023
£
491
3,500
151
4,142		 Unrestricted
funds
2023
£
491
3,500
151
4,142		 Unrestricted
funds
2023
£
491
3,500
151
4,142		 Restricted
funds
2023
£
150,250
62,942
950		 Restricted
funds
2023
£
150,250
62,942
950		 Total
funds
2023
£
150,741
66,442
1,101
218,284		 Total
funds
2022
£
3,840
64,254
4,539

72,633

40,092
214,142
12,874
12,874
(8,732)
5,467
10,944
7,679		 51,307
51,307
162,835
(5,467)
28,854
186,222		 64,181
64,181
154,103
39,798
193,901

40,092
32,541
-
7,257
39,798

The notes on pages 11 to 16 form part of these financial statements.

Page 9

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

BALANCE SHEET AS AT 31 AUGUST 2023

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
Unrestricted funds
TOTAL FUNDS
£
208,918
-
208,918
(15,017)
£
208,918
-
208,918
(15,017)		 2023
£
193,901

£
39,561
4,678		 2022

£



39,798
44,239
(4,441)




193,901 39,798
28,854
10,944
186,222
7,679
193,901 39,798

For the year ending 31/08/2023 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 have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Directors on 08/01/2024 and signed on their behalf, by:

B Simmonds Director

The notes on pages 11 to 16 form part of these financial statements.

Page 10

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

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

1.2 Company status

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

1.3 Fund accounting

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

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost 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 gifts and donations are recognised on receipt.

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

1.6 Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.

Page 11

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

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.

1.9 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.

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.

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 12

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

2. INCOME

Gifts and Donations
Grants
Other Income		 Unrestricted
funds
2023
£
491
3,500
151		 Restricted
funds
2023
£
150,250
62,942
950
214,142		 Total
funds
2023
£
150,741
66,442
1,101
218,284		 Total
funds
2022
£
3,840
64,254
4,539
4,142 72,633

3. DIRECT COSTS

Grants paid
Staff Cost
Equipment
Insurance
Travel costs
Consumable supplies
Governance costs
Bank charges
Food/hospitality
Co-ordinators
Consultancy
Other Costs
Total costs		 Unrestricted
funds
2023
£
-
-
2,746
-
57
-
300
126
438
-
2,494
6,713		 Restricted
funds
2023
£
-
-
14,109
972
3,661
20
-
-
14,799
-
16,834
912
51,307		 Total
funds
2023
£
-
-
16,855
972
3,718
20
300
126
15,237
-
19,328
7,625
64,181		 Total
funds
2022
£
-
2,135
6,445
-
4,511
5,674
275
90
4,163
6,660
4,046
6,093
12,874 40,092

4. NET INCOMING RESOURCES / (RESOURCES EXPENDED)

This is stated after charging:

This is stated after charging:
2023
 2022
£ £
Auditor's remuneration 300 275
During the year, no Directors received any remuneration (2022 - £NIL).
During the year, no Directors received any benefits in kind (2022 - £NIL).
During the year, no Directors received any reimbursement of expenses (2022 - £NIL).

Page 13

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

5. DEBTORS:

Trade Debtors
Intercompany		 2023
£
-
-
-		 2022
£
4,665
13
4,678

6. CREDITORS:

Amounts falling due within one year

Creditors
Intercompany		 2023
£
14,417
600
15,017		 2022
£
4,441
-
4,441

7. MOVEMENT IN FUNDS – 2023

Unrestricted funds
Restricted funds:
Holiday Activities
Minibus
Cooking Programme
Reducing Isolation
Oasis Living Rooms
BSET
CPW Connaught		 Brought
Forward
Transfers
between funds
Income
2023
Expenditure
2023
Carried
Forward
£
£
£
£
£
10,944
5,467
4,142
12,874
7,679
2,961
49,671
33,493
19,139
47
(47)
-
-
-
2,500
(2,500)
-
-
-
2,920
(2,920)
-
-
-
-
-
11,053
6,814
4,239
-
-
150,050
-
150,050
20,426
-
3,368
11,000
12,794
39,798
-
218,284
64,181
193,901

Page 14

OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Movement in funds - 2022

Unrestricted funds
Restricted funds:
Holiday Activities
Minibus
Cooking Programme
Reducing Isolation
CPW Connaught		 Brought
Forward
Income
2022
Expenditure
2022
Carried
Forward
£
£
£
£
5,634
10,104
4,794
10,944
611
36,443
34,093
2,961
632
-
585
47
-
2,500
-
2,500
-
3,540
620
2,920
380
20,046
-
20,426
7,257
72,633
40,092
39,798

8. ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

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: South 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:

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

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

OCT’s principle objectives are to:

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OASIS COMMUNITY HUB: SOUTH BRISTOL

(A company limited by guarantee)

9. RELATED PARTY TRANSACTIONS

During the year the Hub was charged £504 (2022: £480) for recharged support services by Oasis Community Partnerships. At year-end a balance of £600 was owed by the Hub to the parent company, Oasis Community Partnerships (2022: £13 was owed to the Hub by OCP).

There were no other related party transactions during the year.

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