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2025-08-31-accounts

Registered number: 7236762 Charity number: 1138871

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the company, its trustees and advisers 1
Trustees’ report (incorporating a Directors' report) 2 – 8
Independent auditor’s report 9 – 12
Statement of financial activities 13
Balance sheet 14
Statement of cashflows 15
Notes to the financial statements 16 – 23

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

Directors

G Walker (resigned 21 January 2025) P Rose L M Dawes

S Ravi Varma (appointed 12 November 2024)

Company registered number

07236762

Charity registered number

1138871

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

K Agar

Independent Auditor

Mercer & Hole LLP 3 Lombard Street London EC3V 9AH

Page 1

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

The Directors (who are also Trustees of the charity for the purposes of the Charities Act) present their annual report together with the audited financial statements of Oasis Community Hub: Hadley (the company) for the year ended 31 August 2025. The Trustees confirm that the Annual report and financial statements of the company comply with the Companies Act 2006 and Charities Act 2011, the requirements of the company's governing document and the provisions of the Charities SORP applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Structure, governance and management

a. CONSTITUTION

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 27 April 2010 and is a registered charity number 1138871.

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 Charitable Trust.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

Oasis Community Hub: Hadley (the Company) is a company limited by guarantee, whose registered number is 7236762. It is also a registered charity, number 1138871. 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 Community Partnerships is the founding member and guarantor. The Company does not have a share capital. Directors are appointed by a majority of other Directors or by 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 the purpose of each Hub is to respond to the issues and needs arising in its own locality, each Hub operates as an independent legal entity but within the Oasis group of organisations and expressing consistently the 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: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

The Directors consider that Oasis Community Hub: Hadley 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 for 2024/25

At Oasis Community Hub: Hadley, we aim to transform our local community into a place where everyone feels included, valued, and connected. Working in partnership with Oasis Academies Hadley and Enfield, we deliver a wide range of children’s, youth, and community projects through three key strands—Hadley Youth, Hadley Families, and Hadley Communities—led by a dedicated team of 12 practitioners committed to creating meaningful change and lasting impact.

Hadley Youth

Hadley Youth Project

The Hadley Youth Project delivered positive outcomes for hundreds of young people through open-access provision that builds trust, identifies strengths, and addresses risks early. Our preventative, holistic approach reduces future interventions, while our Youth Centre and Ponders End Hub provide regular term-time and holiday programs in partnership with local schools.

Our Core Projects

Page 3

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Why Our Model Works

One of our greatest strengths is the consistent presence of youth workers in spaces where young people feel comfortable—schools, community hubs, and local centres. This continuity means young people can move through different projects based on their needs and interests, from 1:1 support during challenging times to skills-based clubs and leadership programs .

Unlike external agencies, our embedded youth workers can follow up on concerns , work in partnership with schools and families, and provide ongoing support that makes a real difference.

Impact in Numbers

Attendance remains strong across all projects, and we are proud to deliver from a modern, purpose-built facility at Ponders End Youth & Family Hub—ideally located near schools and transport links. Our reach has expanded beyond Oasis Academy Hadley students to include young people from schools across the borough. Our partnership with the London Borough of Enfield has strengthened our Holiday Activity and Food Fund sessions, now hosted exclusively at Oasis Academy Enfield. These sessions have grown in popularity, offering hot meals, recipe cards, sports, leadership training, and outdoor trips during winter, Easter, and summer breaks.

Oasis Youth Support at North Middlesex Hospital (OYS @ North Mid)

OYS @ North Mid provides specialist support for young people aged 11–24 who attend Accident & Emergency as a result of violence, aggression, or exploitation. Our team works holistically to identify and reduce risk factors , offering immediate care and connecting young people to sustainable networks of support within their communities .

This approach ensures that vulnerable young people are not left isolated after a crisis but instead receive consistent, long-term help to rebuild safety and stability in their lives.

Impact in Numbers

Hadley Communities and Families

This year brought significant change as our lease on community spaces ended due to the regeneration of Ponders End. While this was a challenge, it also created an opportunity: we strengthened our partnership with the Local Authority Youth & Family Hub, which now hosts many of our core projects in a modern, accessible space.

Supporting Families in Need

Our Community Café continues to provide a warm, welcoming environment for those accessing the food cupboard. Families enjoy a hot drink and snack while waiting for pantry services, ensuring dignity and care during difficult times. Over the year, 180 families accessed our food pantry, led by our dedicated Family Support Worker and a team of local volunteers.

Page 4

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Early Years Engagement

We deliver a weekly Rhyme Time session for parents and carers with preschool children at the Youth & Family Hub. These sessions not only support early learning but also introduce families to a wide range of services available on-site.

Our Stay & Play sessions at Oasis Academy Hadley remain popular, offering fun, safe spaces for young children while raising awareness of the school’s nursery and primary phases as future education options. Holiday Activities for Families

During school holidays, our Family Support Team runs clubs for families with children under 10. These sessions include sports, games, arts and crafts, and offsite trips—always ending with a shared hot meal, reinforcing our commitment to community and togetherness.

Challenges

This year brought significant transitions for Oasis Community Hub: Hadley.

1. Relationship of Oasis Community Hub: Hadley 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 Hadley and Enfield

These relationships are described below as follows

1.1 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.

Page 5

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

These are:

  1. Oasis Community Learning – a multi-academy trust 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.

1.2 The Oasis Community Partnerships group

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

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

1.3 Oasis Community Hub: Hadley and its partnership with Oasis Academies Hadley and Enfield

Oasis Community Hub: Hadley is governed by a local board of trustees, who oversee all the operational activities and the financial management of the Hub, ensuring that projects are designed to meet local needs and that those projects benefit from any funds raised. As explained above, Oasis Community Hub: Hadley is a subsidiary of Oasis Community Partnerships, which, in turn, is a subsidiary of Oasis Charitable Trust.

Oasis Community Hub: Hadley delivers integrated community development work in Ponders End and Enfield Lock, Enfield and in particular the community surrounding Oasis Academy Hadley (an all-through school) and Oasis Academy Enfield (Secondary), part of the Oasis Community Learning multi-academy trust. One objective of the Hub is to provide wrap around care for students and their parents/carers at the Academies. Therefore, Oasis Community Hub: Hadley works in close partnership with Oasis Academies Hadley and Enfield in order to provide integrated and holistic community transformation.

Financial review

Total income for the year ended 31 August 2025 amounted to £649,488 (2024: £548,228). Expenditure amounted to £639,391 (2024: £568,671). The overall result is a deficit of £21,827 (2024: £20,443 deficit) leaving retained funds of £344,413 (2024: £334,316).

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 £164,725 (2023/24: £142,200). Many staff are working on restricted projects and therefore the three months running costs are held within restricted funds. We have sufficient reserves to guard against unexpected downturns in financial performance. The total level of funds as at 31 August 2025 is £312,489 (2024: £334,316), with unrestricted funds of £19,331 (2024: £9,240) and restricted funds of £293,158 (2024: £325,076). The reserves policy has therefore been met.

Going concern

The Directors have considered the risks to the Hub, including the current crisis around the increased cost of living and the ability for the Hub to carry out its activities. The Directors 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 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.

Page 6

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Plans for the future

Looking ahead, we are committed to growth, sustainability, and deeper community impact .

DIRECTORS' RESPONSIBILITIES STATEMENT

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

Page 7

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

TRUSTEES’ REPORT (INCORPORATING A DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

PROVISION OF INFORMATION TO AUDITOR

Each of the persons who are Directors at the time when this Directors' report is approved has confirmed that:

AUDITOR

The directors have agreed the continuation of the existing audit arrangement and in accordance with the company's articles, a resolution proposing that Mercer & Hole LLP be reappointed as auditor of the company will be put at a General Meeting.

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 15 April 2026 and signed on their behalf by:

L M DAWES

Director

Page 8

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

AUDIT REPORT TO THE MEMBER OF OASIS COMMUNITY HUB: HADLEY

Opinion

We have audited the financial statements of Oasis Community Hub: Hadley (the ‘charitable company’) for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cashflows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Page 9

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

Independent Auditor’s Report to the Members of Oasis Community Hub: Hadley

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Report or the Trustees’ Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purpose of company law), are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 10

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

Independent Auditor’s Report to the Members of Oasis Community Hub: Hadley

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

Page 11

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our audit report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Steve Robinson , Senior Statutory Auditor

For and on behalf of Mercer & Hole LLP, Statutory Auditor

Mercer & Hole LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

3 Lombard Street London EC3V 9AH Date: 13 May 2026

Page 12

OASIS COMMUNITY HUB: HADLEY

(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:
Donations and grants
2
Charitable activities
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3
TOTAL EXPENDITURE
NET (EXPENDITURE)/INCOME FOR THE
YEAR, BEING NET MOVEMENT IN FUNDS
Transfers between funds
Total funds at 1 September 2024
TOTAL FUNDS AT 31 AUGUST 2025		 Unrestricted
funds
2025
£
5,815
75,681
Restricted
funds


2025
£
509,420
58,572
Restricted
funds


2025
£
509,420
58,572		 Total
funds
2025
£
515,235
134,253		 Total
funds
2024
£
484,280
63,948
81,496 567,992 649,488 548,228
71,405 567,986 639,391 568,671
71,405 567,986 639,391 568,671
10,091
-
9,240		 6
-
325,076		 10,097
-
334,316		 (20,443)
-
354,759
19,331 325,082 344,413 334,316

The notes on pages 16 to 23 form part of these financial statements.

Page 13

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

Registered Number: 7236762

BALANCE SHEET AS AT 31 AUGUST 2025

Note
CURRENT ASSETS
Debtors
6
Cash at bank
CREDITORS:amounts falling due within
one year
7
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
8
Unrestricted funds
8
TOTAL FUNDS
£
199,012
154,083		 2025
£
344,413
£
216,492
143,608		 2024
£

334,316
353,095
(8,682)		 360,100
(25,784)
344,413 334,316
325,082
19,331		 325,076
9,240
344,413 334,316

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.

The financial statements were approved by the Directors on 15 April 2026 and signed on their behalf, by:

L M DAWES

Director

The notes on pages 16 to 23 form part of these financial statements.

Page 14

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 AUGUST 2025

Analysis of changes in net debt:
1 September
2024
Cash flows
£
£
Cash and cash equivalents
143,608
10,475
2025
£
Cash flows from operating activities
Net income/(expenditure) for the year
10,097
Reconciliation to cash generated from operations
Decrease/(increase) in debtors
17,480
Decrease in creditors
(17,102)
Net cash generated/(used in) operating activities
10,475
Cash flow statement
Net cash generated/(used in) operating activities
10,475
Net (decrease) in cash in the year
10,475
Reconciliation of net cash flow movements to net funds
Net increase/(decrease) in cash in the year
10,475
At 1 September
143,608
At 31 August
154,083
Consisting of:
Bank Accounts
154,083
154,083		 2024
£
(20,443)
(79,488)
(5,444)
(105,375)
(105,375)
(105,375)
(105,375)
248,983
143,608
143,608
143,608
31 August
2025
£
154,083

The notes on pages 16 to 23 form part of these financial statements.

Page 15

OASIS COMMUNITY HUB: HADLEY

(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 (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. Oasis Community Partnerships is the sole member of the company. The address of the registered office is 1 Kennington Road, London, SE1 7QP. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

1.3 Going concern

The Directors have considered the risks to the Hub, including the current crisis around the increased cost of living, and these include the ability for the Hub to carry out its activities. In reviewing the going concern no material uncertainty has been identified. Sufficient funds are held and there are no future material uncertainties relating to future income and therefore we consider it is appropriate to adopt the going concern approach and the company will continue to adopt the going concern basis in preparing the financial reports.

1.4 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Directors in furtherance of the objectives of the company and 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. Gifts and donations are recognised when receivable and grant income is recognised in the period applicable for the grant funding.

1.5.1 Government Grants Where no performance conditions relating to the receipt of the grant, the grant revenue is recognised when received.

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 delivering youth programmes and activities undertaken to further the purposes of the charity and their associated support costs. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Page 16

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

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.

1.7 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.

1.8 Debtors

1.10 Creditors and provisions

1.11 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.

1.12 Critical accounting judgements and key sources of estimation uncertainty

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.

Page 17

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

2. DONATIONS AND GRANTS

Donations
Grants
Total income
3.
CHARITABLE ACTIVITIES
Gross Salaries
National Insurance
Pension Contributions
Consultancy
Training costs
Bank charges
Rent payable
Utility costs
Governance costs
Equipment costs
Travel, subsistence and accommodation
Communication costs
Subscriptions
Sundry consumable supplies
Publicity and promotion
Management fees
General office costs
The costs above are classified as:
Direct
Costs
2025
£
Total
570,725		 Unrestricted
funds
2025
£
-
5,815
5,815
Unrestricted
funds
2025
£
47,453
5,986
3,447
5,455
-
441
-
-
4,410
279
1,177
587
826
294
50
-
1,000		 Unrestricted
funds
2025
£
-
5,815		 Unrestricted
funds
2025
£
-
5,815
Restricted
funds


2025
£
4,016
505,404
Restricted
funds


2025
£
4,016
505,404		 Total
funds
2025
£
4,016
511,219		 Total
funds
2024
£
14,054
470,226
484,280
Total
funds
2024
£
355,958
32,988
22,072
17,901
2,183
92
10,327
3,176
4,375
4,034
5,280
1,806
1,915
12,176
323
47,628
46,437
568,671
Total
costs
2024
£
568,671
5,815 509,420 515,235
Restricted
funds
2025
£
336,217
35,550
22,701
18,040
190
-
-
3,466
317
4,149
11,240
303
204
2,830
807
89,301
42,671		 Total
funds
2025
£
383,670
41,536
26,148
23,495
190
441
-
3,466
4,727
4,428
12,417
890
1,030
3,124
857
89,301
43,671
71,405 567,986 639,391
Support
Costs
2025
£
63,939		 Governance
costs
2025
£
4,727		 Total
costs
2025
£
639,391

Page 18

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

4. NET (EXPENDITURE)/INCOME

This is stated after charging:

Auditor's remuneration 2025
£
4,410
4,410		 2024
£
3,675
3,675

During the year, no Director received any remuneration, benefits in kind or reimbursement of expenses (2024: £nil).

5. STAFF NUMBER AND EMOLUMENTS

Staff emoluments
Social security costs
Pension costs
Total		 Total
2025
£
383,670
41,536
26,148		 Total
2024
£
355,958
32,988
22,072
451,354 411,018

The company has no direct employees other than the directors who did not receive any remuneration during the year (2024: nil). All staff are employed by Oasis Community Partnerships, the immediate parent undertaking, and the cost of those staff employed by Oasis Community Partnerships but who work for Oasis Community Hub: Hadley are recharged to the company. The Hub leader is the key management personnel and the salary and pension cost of key management personnel for the year are £58,672 (2024: £63,730).

During the year the average number of employees was 14 (2024: 13). No employees received remuneration amounting to more than £60,000 in the year (2024: one).

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. DEBTORS

Trade debtors
Accrued income
Intercompany OCP		 2025
£
6,800
168,717
23,495
199,012		 2024
£
49,782
155,017
11,693
216,492

Page 19

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

7. CREDITORS:

Amounts falling due within one year

Trade creditors
Deferred income		 2025
£
8,682
-
8,682		 2024
£
14,939
10,845
25,784

8. MOVEMENT IN FUNDS - 2025

Unrestricted funds
Restricted funds:
Mdx Hospital
Youthwork – CIN
Youthwork
Community Programmes
Reserves
Hub Leader funds
CIN – Holiday Club
Total restricted funds
 Brought
Forward
£
Transfers
between
funds
£
Income
2025
£
Expenditure
2025
£
Carried
Forward
£
9,240
-
81,496
(71,405)
19,331
117,300
-
354,469
(321,349)
150,420
10,783
(10,783)
-
-
-
78,294
10,783
171,758
(200,959)
59,876
52,577
13,530
10,980
(17,086)
60,001
24,000
-
-
-
24,000
28,592
-
30,785
(28,592)
30,785
13,530
(13,530)
-
-
-		 Brought
Forward
£
Transfers
between
funds
£
Income
2025
£
Expenditure
2025
£
Carried
Forward
£
9,240
-
81,496
(71,405)
19,331
117,300
-
354,469
(321,349)
150,420
10,783
(10,783)
-
-
-
78,294
10,783
171,758
(200,959)
59,876
52,577
13,530
10,980
(17,086)
60,001
24,000
-
-
-
24,000
28,592
-
30,785
(28,592)
30,785
13,530
(13,530)
-
-
-		 Brought
Forward
£
Transfers
between
funds
£
Income
2025
£
Expenditure
2025
£
Carried
Forward
£
9,240
-
81,496
(71,405)
19,331
117,300
-
354,469
(321,349)
150,420
10,783
(10,783)
-
-
-
78,294
10,783
171,758
(200,959)
59,876
52,577
13,530
10,980
(17,086)
60,001
24,000
-
-
-
24,000
28,592
-
30,785
(28,592)
30,785
13,530
(13,530)
-
-
-		 Brought
Forward
£
Transfers
between
funds
£
Income
2025
£
Expenditure
2025
£
Carried
Forward
£
9,240
-
81,496
(71,405)
19,331
117,300
-
354,469
(321,349)
150,420
10,783
(10,783)
-
-
-
78,294
10,783
171,758
(200,959)
59,876
52,577
13,530
10,980
(17,086)
60,001
24,000
-
-
-
24,000
28,592
-
30,785
(28,592)
30,785
13,530
(13,530)
-
-
-		 Brought
Forward
£
Transfers
between
funds
£
Income
2025
£
Expenditure
2025
£
Carried
Forward
£
9,240
-
81,496
(71,405)
19,331
117,300
-
354,469
(321,349)
150,420
10,783
(10,783)
-
-
-
78,294
10,783
171,758
(200,959)
59,876
52,577
13,530
10,980
(17,086)
60,001
24,000
-
-
-
24,000
28,592
-
30,785
(28,592)
30,785
13,530
(13,530)
-
-
-
325,076 - 567,992 (567,986) 325,082
334,316 - 649,488 (639,391) 344,413

The Middlesex Hospital fund is to support any young people aged between 11 and 24 that attend the A&E due to violent crime or suspected gang involvement. The young people are offered support and coaching looking at behaviour patterns, home life and other aspects of their well-being. Funds have been set aside to cover future salaries of the youth workers. The carry over fund will be spent in the first quarter of the new financial year.

The Hadley Youthwork project runs sessions at two youth centres where employment skills workshops and motor vehicle workshops are run for the youths. The fund is to cover future salaries of the staff.

Further details of all projects are given on page 4 of the Trustees’ report.

Page 20

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

MOVEMENT OF FUNDS – 2024

Unrestricted funds
Restricted funds:
Mdx Hospital
Youthwork – CIN
Youthwork
Community Programmes
Reserves
Hub Leader funds
CIN – Holiday Club
Total restricted funds		 Brought
Forward
£
Transfers
between
funds
£
Income
2024
£
Expenditure
2024
£
Carried
Forward
£
15,823
-
63,996
(70,579)
9,240
73,393
-
338,210
(294,303)
117,300
28,146
-
-
(17,363)
10,783
88,052
-
124,581
(134,339)
78,294
76,155
-
11,475
(35,053)
52,577
24,000
-
-
-
24,000
41,646
-
-
(13,054)
28,592
7,544
-
9,966
(3,980)
13,530		 Brought
Forward
£
Transfers
between
funds
£
Income
2024
£
Expenditure
2024
£
Carried
Forward
£
15,823
-
63,996
(70,579)
9,240
73,393
-
338,210
(294,303)
117,300
28,146
-
-
(17,363)
10,783
88,052
-
124,581
(134,339)
78,294
76,155
-
11,475
(35,053)
52,577
24,000
-
-
-
24,000
41,646
-
-
(13,054)
28,592
7,544
-
9,966
(3,980)
13,530		 Brought
Forward
£
Transfers
between
funds
£
Income
2024
£
Expenditure
2024
£
Carried
Forward
£
15,823
-
63,996
(70,579)
9,240
73,393
-
338,210
(294,303)
117,300
28,146
-
-
(17,363)
10,783
88,052
-
124,581
(134,339)
78,294
76,155
-
11,475
(35,053)
52,577
24,000
-
-
-
24,000
41,646
-
-
(13,054)
28,592
7,544
-
9,966
(3,980)
13,530		 Brought
Forward
£
Transfers
between
funds
£
Income
2024
£
Expenditure
2024
£
Carried
Forward
£
15,823
-
63,996
(70,579)
9,240
73,393
-
338,210
(294,303)
117,300
28,146
-
-
(17,363)
10,783
88,052
-
124,581
(134,339)
78,294
76,155
-
11,475
(35,053)
52,577
24,000
-
-
-
24,000
41,646
-
-
(13,054)
28,592
7,544
-
9,966
(3,980)
13,530		 Brought
Forward
£
Transfers
between
funds
£
Income
2024
£
Expenditure
2024
£
Carried
Forward
£
15,823
-
63,996
(70,579)
9,240
73,393
-
338,210
(294,303)
117,300
28,146
-
-
(17,363)
10,783
88,052
-
124,581
(134,339)
78,294
76,155
-
11,475
(35,053)
52,577
24,000
-
-
-
24,000
41,646
-
-
(13,054)
28,592
7,544
-
9,966
(3,980)
13,530
338,936 - 484,232 (498,092) 325,076
354,759 - 548,228 (568,671) 334,316

9. ANALYSIS OF NET ASSETS BETWEEN FUNDS - 2025

Current assets
Current liabilities		 Restricted
funds
2025
£
328,739
(3,657)		 Unrestricted
funds
2025
£
24,356
(5,025)		 Total
funds
2025
£
353,095
(8,682)
344,413
325,082 19,331

ANALYSIS OF NET ASSETS BETWEEN FUNDS – 2024

Current assets
Current liabilities		 Restricted
funds
2024
£
349,132
(24,056)		 Unrestricted
funds
2024
£
10,968
(1,728)
Total
funds
2024
£
360,100
(25,784)
334,316
325,076 9,240

Page 21

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

10. ULTIMATE AND IMMEDIATE 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). OCP 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: Hadley. Copies of these financial statement can be obtained from its registered office at 1 Kennington Road, London, SE1 7QP.

OCP’s principal 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: 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:

11. RELATED PARTY TRANSACTIONS

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

There were no other related party transactions.

Page 22

OASIS COMMUNITY HUB: HADLEY

(A company limited by guarantee)

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

12. STATEMENT OF FINANCIAL ACTIVITIES – COMPARATIVES

Note
INCOME FROM:
Donations and grants
2
Charitable activities
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3
TOTAL EXPENDITURE
NET (EXPENDITURE)/INCOME FOR THE YEAR,
BEING NET MOVEMENT IN FUNDS
Transfers between funds
Total funds at 1 September 2023
TOTAL FUNDS AT 31 AUGUST 2024		 Unrestricted
funds
2024
£
462
63,534
Restricted
funds


2024
£
483,818
414
Restricted
funds


2024
£
483,818
414		 Total
funds
2024
£
484,280
63,948
63,996 484,232 548,228
70,579 498,092 568,671
70,579 498,092 568,671
(6,583)
15,823		 (13,860)
338,936		 (20,443)
-
354,759
9,240 325,076 334,316

Page 23