OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Company number 08749179

OASIS COMMUNITY PARTNERSHIPS

FINANCIAL STATEMENTS

31 AUGUST 2021

(Company limited by guarantee and not having a share capital)

Registered charity number 1163889

OASIS COMMUNITY PARTNERSHIPS

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the group, its directors and advisers 1
Directors' report and strategic report 2 – 13
Independent auditor’s report 14 – 17
Consolidated Statement of Financial Activities (incorporating a consolidated Income
and Expenditure Account) 18
Group Balance Sheet 19
Company Balance Sheet 20
Consolidated Statement of Cash Flows 21
Notes to the financial statements 22 – 39

OASIS COMMUNITY PARTNERSHIPS

COMPANY INFORMATION

Company number 08749179 Registered charity number 1163889 FOR THE YEAR ENDED 31 AUGUST 2021

DIRECTORS P Brierley
Dr A Briers
D F Bright
R J Claydon
R Cox
K James-Fergus
O Kolade
Dr P Muir
M Stickland
SECRETARY AND REGISTERED AND PRINCIPAL
OFFICE Mr DJ Parr
Registered office: 1 Kennington Road, London
SE1 7QP
AUDITORS Mercer & Hole
21 Lombard Street
London
EC3V 9AH
BANKERS Barclays Bank PLC
1 Churchill Place
London
E14 5HP
SOLICITORS Lewis Silkin LLP
5 Chancery Lane
Clifford’s Inn
London EC4A 1BL
Browne Jacobson LLP
Victoria Square House
Victoria Square
Birmingham B2 4BU
CHIEF EXECUTIVE OFFICER D J Parr

Page | 1

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT

FOR THE YEAR ENDED 31 AUGUST 2021

INTRODUCTION

The Directors (who are also trustees of the charity for the purposes of the Charities Act) are pleased to present their report and financial statements for the year ending 31 August 2021. The Directors confirm that the annual report and financial statements, (which include the strategic report), 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 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).

PRINCIPAL ACTIVITIES

Oasis Community Partnerships’ (OCP) objectives are the advancement of Christianity; the advancement of education for the public benefit in the United Kingdom; the advancement of health and 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 have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning future activities. In particular, the Directors consider how planned activities will contribute to the aims and objectives they have set.

GOVERNANCE

OCP is governed by its Memorandum and Articles of Association of 25 October 2013. OCP is controlled by the Directors who are Trustees. Oasis Charitable Trust (OCT) is the parent company and ultimate parent of the group. OCP does not have share capital.

DIRECTORS

The Directors who have served during the year are:

P Brierley Dr A Briers D F Bright R J Claydon R Cox Dr P Muir M Stickland K James-Fergus O Kolade

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 subject to the approval of the Directors of OCT. An induction programme is made available to new Directors, which enables them to gain a full understanding of the vision, mission, ethos, values, strategy and activity of OCP. The induction programme includes visits to OCP’s projects and training in the responsibilities of charity trustees as well as the governance approach adopted by the Board.

The Directors delegate day-to-day management of the company to the CEO but retain responsibility for major strategic and governance decisions.

Page | 2

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

COMPANY SECRETARY AND COMPANY REGISTRATIONS

The Company Secretary is Mr Dave Parr and its registered office is 1 Kennington Road, London SE1 7QP.

OCP is a company limited by guarantee, whose registered number is 08749179. It is also a registered charity, number 1163889.

GOVERNANCE STRUCTURE

OCP is a subsidiary of Oasis Charitable Trust (OCT). OCT is the ultimate parent of the Oasis Group.

OCP has a number of subsidiary Hub companies, the details of which are set out in Note 19. Boards of all subsidiary companies are responsible for the governance of those companies and they are accountable to the Board of OCP in performing that role.

All of the Hub companies are companies limited by guarantee and registered charities. These companies work within a specific location and are intended to provide a base for developing local community projects funded from local resources. 19 of the Hub companies were active during this year and their results are consolidated in these financial statements. OCP has one further subsidiary, Oasis UK Trading, which is a trading company.

REMUNERATION OF KEY MANAGEMENT PERSONNEL

The key management personnel of the group comprise the directors and senior management team. The pay for all senior staff follow the pay scales of the organisation, which are evaluated according to the responsibilities of the post, with set grades and increments of pay. The pay of the Chief Executives are benchmarked with charities of comparable scale and reach and approved by the Boards.

VISION, MISSION AND STRATEGY

OCP exists to support the development of ‘community Hubs’ around the UK. Oasis Hubs are the key strategy that enables the whole of Oasis to work together to transform communities and to achieve the Ends of the organisation. The Ends (outcomes) are:

Wherever Oasis works and whatever activity it is engaged in, the ultimate purpose of its work is to transform communities through the development of Oasis Hubs.

A Hub is a Christ-centered place of activity that provides integrated, high quality and diverse services to benefit the whole person and the whole community. This is achieved by bringing together the Oasis ethos and values, local and national resources and expertise and working together in and with local partnerships, to meet the needs of the local community.

Oasis Hubs are therefore the vehicle through which all the activities and services which Oasis delivers in any one community are integrated. The aim of an Oasis Hub is to join up activities so that the Hub can offer all round, holistic added value to the community.

Page | 3

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

In this context, OCP’s purpose, therefore, is to provide national/regional support to Oasis Hubs to integrate and to deliver services – education, youth work, family support, children’s work, church, volunteering – and, in the process, to connect people. OCP also provides oversight of local Hub companies in each Hub location.

STRATEGIC REPORT

1.0 RELATIONSHIP OF OASIS COMMUNITY PARTNERSHIPS TO OTHER OASIS COMPANIES

OCP has three such relationships as described below:

  1. With the international group of Oasis organisations

  2. With the national group of Oasis organisations

  3. With the local Oasis Community Hubs, of which OCP is the parent company

1.1 THE INTERNATIONAL OASIS GROUP

Oasis International Association Ltd (OIA) is a subsidiary of OCT (the ultimate parent), alongside OCP. OCT and OIA oversee the ethos and formation of Oasis globally. OIA exists to ensure that, as a global entity, Oasis is strategic in its development, cohesive, mutually supportive and inter-dependent. It also seeks to ensure that Oasis work around the world is consistent with its vision, mission and values. Nonetheless, it believes that all Oasis work should be contextual, preserving and contributing to regional and local distinctive. Further, it encourages partnership with other like-minded organisations and the provision of complementary services.

1.2 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 to ensure 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 in the UK, Oasis Charitable Trust is responsible for all Oasis’ activities in the UK and is the parent company for three further subsidiaries. These are:

  1. Oasis Community Learning – a multi-academy chain running 52 academies across England

  2. Oasis Community Partnerships – a charity delivering community development work

  3. Oasis Community Housing – a housing charity supporting vulnerable adults and young people

1.3 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 subsidiaries, 19 of which are charitable subsidiaries incorporating all local Oasis Community Hubs, delivering integrated community development work in a number of targeted neighbourhoods across the country, and one Trading Company.

All local Oasis Community Hubs are subsidiaries of Oasis Community Partnerships, which, in the same way as the national group structure, is also a hybrid model. This enables sharing of resources, best practice and central support functions while the local Oasis Community Hubs operate locally in order to respond appropriately to the needs of the local area. As a result, the local Community Hubs benefit from higher quality and cheaper infrastructure than they would be able to access as entirely standalone organisations.

Page | 4

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

THE FOLLOWING SECTIONS REVIEW THE WORK OF OASIS COMMUNITY PARTNERSHIPS AND OF EACH OF ITS SUBSIDIARY COMPANIES.

2.0 ACHIEVEMENTS AND PERFORMANCE OF OASIS COMMUNITY PARTNERHIPS

2.1 OCP’S NATIONAL/REGIONAL SUPPORT DELIVERED TO OASIS HUBS

OCP exists to develop ‘community Hubs’ around the UK and it currently supports work in 39 Hubs around the UK through 20 subsidiary companies. Whilst activity takes place in the 39 Hubs, there are currently 20 subsidiary companies in the group structure. In any community where OCP works, the company’s model is to develop a wide range of services, which support families and individuals holistically; educationally, socially, emotionally, spiritually and physically. Therefore, OCP’s Hubs operate a range of community services, which are designed to serve the whole community and, in particular, students and their families who attend Oasis Academies. (Oasis Academies are governed and financed through Oasis Community Learning (OCL), a separate company and charity, which is a member of the Oasis family of charities.)

During 2020/21, as with every other charity, OCP had to change the way it worked in response to the Covid-19 pandemic. In the Hub communities the priority was to make sure that vital food poverty and pastoral support services were able to continue, with other activities moving to online delivery during lockdowns.

The company has developed a strategy, which has seen growth in the 18 focus Hubs across the following areas:

2.2 Combined Impact figures

Each year OCP produces an impact report to capture the work across all the Hub charities in the last year. The full report includes case studies from some of the beneficiaries of the work of the Hubs and can be found through the OasisUK website.

In 2020/21 OCP had 107 employees, 209 projects and services and 483 volunteers. During the year, across all our projects, OCP worked with:

Summer 21 proved to be the busiest year yet across OCP, with funding available from several sources including the Holidays Activities Fund. Across all Oasis Hubs there were in total 5,245 unique attendees through 351 sessions, and 12,065 meals were provided. The OCP team were also able to produce a summer journal which was shared with every Oasis student, over 32,000 on their iPad (supplied by their Academy), with four weeks of activities rooted in the ethos and 9 habits.

Page | 5

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

2.3 LOCAL HUB COMPANIES (all companies limited by guarantee and charities – with the exception of Oasis UK Trading Ltd which is solely a company limited by guarantee)

The following three entities were audited in 2020/21:

2.3.1 Oasis Community Hub Waterloo

The total reach across all projects during the year was in the region of 22,500 engagements – spanning from Early Years groups to English language classes, holiday activities, food projects, youth groups, and all-age sports.

Crisis and beyond

In 2020-21 the Waterloo Hub continued to work collaboratively with three other foodbanks in Lambeth to provide emergency food support to those in crisis providing food parcels – up from 6,223 the previous year. There were 133 referrals through the discretionary Hardship Fund, and the Hub provided 28 digital devices, 123 fuel and data vouchers, and 161 other emergency parcels to those in immediate crisis. The Waterloo Hub formed a partnership with The Small Project to run a weekly ‘baby clothes bank’ – providing pre-loved clothes and baby equipment to 136 families. One real highlight of the year was opening a Community Fridge in the Playspace (children’s centre) venue.

Thriving young lives

Engaging just over 1,000 children and young people through the year in after-school activities, holiday provision, farm therapy, health initiatives, ‘active families’ sport programme, open-access and targeted youth work – including work in three local hospitals. 60% of children and young people were referred / engaged through the two Oasis Academies in the Hub. One in four of the children and young people worked with in 2020-21 experienced mental health difficulties (higher than the national average of one in six).

2.3.2 Oasis Community Hub Hadley - l ocated in Enfield, North London

Hadley Youth Project

Through open access provision, the Hub seeks to build and support relationships with young people in order to improve life opportunities, engage the most vulnerable, create pathways of support that increase recognised skills. From a base of positive relationships, the community team are able to support targeted needs and work holistically with young people to identify areas where they have strengths, areas where they need encouragement and any potential risk factors at an early stage. In July 2021 OCHH were involved in the launch and opening of the brand-new youth centre in Ponders End. The young people and staff team were involved in the clear out and closure of the old centre, so they were very excited to move over to the new site.

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

OYS @ North Mid supports any young people aged 11 to 24 that attend Accident & Emergency due to violent crime or suspected gang involvement. The youth workers offer all young people one-to-one support and work with them for 24 to 48 weeks. They engage with the young people around behaviour patterns, school life, home life, and confidence and self-esteem issues and build strategies for changing their behaviours into their sessions. OYS @ North Mid continues to go from strength to strength.

Op Alliance – Oasis Youth Support @ Wood Green Custody Suite

In November 2020 Op Alliance was launched in partnership with the Metropolitan Police, London Borough of Haringey, London Borough of Enfield and the Children’s Society. This new project has embedded 4 youth workers in the Wood Green Custody suite and acts as a neutral sign posting service for all young people that have been arrested. In February 2021 OCHH were successful in securing a further £49,000 to continue this project out in the community. This meant that the Oasis

Page | 6

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Hadley Youth Support Workers were able to work with the young people on a longer term basis, mirroring the successful Oasis Youth Support model at North Middlesex.

Community Outreach

This year OCHH have been able to fully utilise their Community Space on South Street, Ponders End which has become the heart of South Street. The Community know they can find help, support, food and a smile at the Oasis Hadley Creative Community Space.

2.3.4 Mulberry Bush Coulsdon Ltd

Located in Coulsdon, Croydon, Mulberry Bush preschool is judged as outstanding by Ofsted. The preschool resumed at the beginning of the Autumn term working with over 70 children through the year. With the EYFS revision introduced in September 2021, all senior staff have attended workshops to learn how to implement these changes into the curriculum, this training has been fed down to all staff during staff meetings. More training for early years practitioners has been planned to enable all staff to support every child to reach their full potential. Wrap around care is offered through breakfast club and afterschool clubs during the school term, accessed by Mulberry Bush families as well as families from two local primary schools, regularly working with 74 children. Holiday activities were offered from the Easter holidays onwards, and families were so grateful and parents gave incredible feedback and praised the efforts of the staff team.

2.3.6 Independently examined Hubs

The following 16 Hubs were independently examined in 2020/21:

Oasis Community Hub Ashburton Park

The Hub is located in Croydon, incorporating three Oasis Academies. FoodCycle continued to run successfully on Friday nights, supporting local people who are hungry and lonely, by serving tasty three course dinners. Throughout lockdown they moved the provision to a delivery service. Support was provided to Oasis Academies Arena and Shirley Park, hosting several events for students, their families and the local community. Local partnerships have continued to be strong, with holiday activities being provided for young people from the local community.

Oasis Community Hub Bath

Oasis Hub Bath delivers community work in a tiered delivery model, through direct delivery, partnerships, hosted delivery and private hire. Through direct delivery in 2020/21 Oasis Bath celebrated the first Birthday of the Food Pantry, with 31 volunteers, distributing 10 tonnes of food to over 75 members. In partnership with the Local Authority the Hub continues to provide the only kinship carers support group in Bath. In the last year partnerships have been formed with Focus Counselling and Bath Mind, who use Oasis’ building to host their ‘Breathing Space’ project open every night of the year, and the Hub continues to host several support groups throughout the week.

Oasis Community Hub Blakenhale

The work of the Hub grew significantly in 2020/21 with on average 40 people attend hub activities across the week. Following community consultation the Hub has aimed to offer a range of activities, services and sessions for little to no cost that meet local need and brings the community together. There was the launch of a Family Action Food club offering a much needed empowerment approach to food provision, through a FOOD Club model. A community garden has been developed and sports sessions provided to children and young people.

Page | 7

OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Oasis Community Hub Foundry and Boulton

Regular activities include FAB food, which transitioned into being a Your Local Pantry across two locations, and the Hub was really pleased to be the recipients of the free loan of an e-cargo bike to help with pantry deliveries in an environmentally responsible way. Summer activities for over 8s proved to be really popular, including breakfast and lunch working with up to 60 children, young people and parents/carers each day. With funding from the Wild Life Trust there has been a weekly afterschool Wild Life Club for 15-20 children form the two Oasis Academies. Through a partnership with a local charity called Warm Earth one of the Academy fields has been transformed sectioned off an area on the field and installed raised beds a water gathering pergola, water butts, compost toilet, poly tunnels and a composting system that generates power to heat the plant beds all year. The team now provide two stay and play sessions each week and have started several adult education courses.

Oasis Community Hub Henderson Avenue

The vision for Oasis Hub Henderson Avenuee charity is to develop grassroots initiatives that empower residents through providing opportunities to develop new skills, leadership potential and positive life experiences. The Crosby Collective is a co-working and maker space initiative which aims to support entrepreneurship through pre-start support and support for micro and small enterprises and delivering early intervention activity, raising aspirations within the local community addressing worklessness and deprivation. The Youth Empowerment project is a bespoke early intervention program that works with young people, where young people within the Hub area are already identified as vulnerable and where school exclusions/alternative education provision is an identified risk.

Oasis Community Hub Hobmoor

Oasis Community Hub: Hobmoor is particularly focused in the South Yardley area of Birmingham. The work of the Hub incorporates the formal education delivered by Oasis Academy Hobmoor and Hobmoor Community Centre, as well as many community projects that are run alongside them to support students, their families and the wider community. The Hub has made a transformational change to the life of the local community in several ways. In December 2020 a Your Local Pantry was launched in partnership with South Yardley Methodist Church, and holiday activities continued to be a key element of the Hub provision, working with 695 young people.

Oasis Community Hub Lister Park

The Oasis Community Hub Lister Park in Bradford aims to work with and alongside disadvantaged children, young people, whole families and members of the wider community - empowering them to transform their neighbourhood into a place that is safe, supportive and full of opportunity. Our purpose is to see no one excluded or isolated, we therefore strive for an inclusive community where every individual is supported to thrive and flourish. Key activities include the Community Roller Derby, Grandmentor programme, holiday activities, youth leadership and social action projects.

Oasis Lords Hill

Oasis Lords Hill run Southampton City Farm; working as part of the local Oasis Hub alongside Oasis Academy Lords Hill and Oasis preschool. Often described as a sanctuary, the farm serves the community in a diverse number of ways including Day Service for adults with different abilities – open two days a week, and educational visits – for all ages from preschool through to college students. In the last year our small farm shop has expanded to include products from local producers, alongside farm produce and farm crafts, all receiving really positive feedback. The farm is home to a range of characters including Daffodil our Golden Guernsey Goats, Tallulah the Shetland Sheep and Penny pig. As well as a range of different feathered friends, bearded dragons, gecko, guinea pigs, blue tongued skinks and many other animals. In October 2020 the farm was honoured to host a visit from Her Royal Highness the Princess Royal, hosted by Hampshire’s Lord Lieutenant.

Oasis Community Hub Mayfield

Located in Southampton, in 2020/21 the Hub reinstated their gardening project in partnership with Learning through Landscapes at Oasis Academy Mayfield working with a group of students with low confidence or anxiety about returning to education. Regular chaplaincy support is provided to the

Page | 8

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Academy and continues to be a strong theme. The Director or Hub and Ethos is a regular presence in the Academy running activities, and providing support to staff, students and families. A small church group meets on Sunday mornings and has been exploring the ethos behind the Oasis 9 habits. Throughout the year, and especially through lockdown, there continued to be strong partnerships with local partners who run food projects in the city to provide emergency food support to vulnerable families in the community, Oasis Academy Mayfield also held a food collection to help provide much needed resource.

Oasis Community Hub Media City

Oasis Hub MediaCityUK is particularly focussed in the Ordsall and Langworthy areas of Salford. The vision for Oasis Community Hub: MediaCityUK 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. Capacity at the Hub increased with the appointments of a new MediaCityUK Church minister in February 2021 and a new Community and Family Worker in May 2021. Key areas of work include youth provision, holiday hunger and food provision, year 6-7 transition project, playspace parents and toddler group, talk English café and MediaCityUK Church.

Oasis Community Hub North Bristol

Over the year, the Hub continued to develop their youth support programmes and worked with over 500 young people. Targeted and 1:1 support programmes have seen substantial development. The Oasis Community Shop is located in the heart of the community selling donated children’s clothing and toys, as well as providing volunteering opportunities. A range of support is offered to local families and communities to build empowerment, to have the support they need, feel safe and live with hope and aspiration. Areas of support include finance, budgeting, housing and benefits, emotional support, parenting, child behavioural issues, support with children’s educational issues, developing connections and friendships in the community. Holiday programmes continued to be a key feature of the Hub, and the Hub House was opened in 2020, which is now the home of several community programmes including a weekly food club.

Oasis Community Hub Oldham

Young people are core to the work of Oldham Hub though our school’s links and youth provision. We have supported 75 people in 1 to 1 and mentoring interventions, including supporting young people to look at academic goals and create a career plan, given intensive support to young people at high risk of becoming NEET. Throughout 2020 the Hub led a successful tender to be commissioned by the Greater Manchester Combined Authority Violence Reduction Unit to lead the Navigator project. Navigators are based in 4 local hospitals Manchester Royal Infirmary, Manchester Children’s Hospital, Salford, and Bolton Royal hospitals. The youth workers support young people to reduce risky behaviours and make positive life choices and then ensure a bespoke plan is in place incorporating local community partners. For adults advice and support activities include weekly drop ins to access free school meal and benefits advice, ways to wages employability support, and parenting support.

Oasis Community Hub Short Heath

Oasis Hub Short Heath was registered as a charity in 2020 and is located in the Erdington area of Birmingham. The work of the Hub incorporates the educational and other work done by, through and in the Academy, as well as the various projects which are run alongside it in the community space. The Hub has contributed positively to the life of the local community in a number of ways. These include a Stay and Play group, Place of Welcome drop-ins, outdoor sanctuary group, community garden, food parcels and volunteering programmes.

Oasis Community Hub South Bristol

During this year, our work has focused around the community of Knowle West, where Food Poverty is a major issue. This has been acerbated by the pandemic and the loss of income and support for many families. As a result, food support has become a top priority and consists of 3 elements; emergency support, sustainable food provision and food education. Other activities include family support and youth and children’s work.

Page | 9

OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Oasis Community Hub Warndon

Located in Worcester, regular activities in 2020/21 included Open House, a weekly drop in support group, family support, the community pantry, an environmental group developing a community garden and holiday activities. Highlights from the year include families seeing the Hub House as their safe place and only source of support when feeling failed by other services, and self-referring to the Hub in times of real crisis, and 3 evening food parcel deliveries per week supported by x2 local volunteers (during times of lockdown). The Hub also delivered a successful Christmas 2020 hamper appeal, with in excess of 60 hampers were distributed.

Oasis Community Hub Wintringham

Food has continued to be a strong theme in the Hub, which is located in Grimsby. Breakfast club at Oasis A is very popular both before school and at morning break serving an average of 130 students. The pantry has remained open two days a week, and has provided 21,312 meals over the year. The Hub also provides a year-round open access youth club facility and holiday provision, which is attended by up to 30 young people weekly aged 8-16. The programme includes outreach, open access targeted and holiday provisions. The social and economic pressures of the Covid pandemic have been enormous for our families on low income, creating a perfect storm of financial hardship, lack of work, children not in school and none of the normal support networks. The Family Support team were able to remove the barriers for families to navigate the support services available, making 886 keep in touch calls with families to check on their wellbeing.

Oasis UK Trading Company

Covid-19 has impacted greatly on the operations of the Waterloo Hub Coffee House. It has been a difficult year navigating through various lockdowns and following government advice. As a result, the coffee shop was closed for some months of the year. When the coffee shop was open for business, it was a very much scaled back operation as footfall did not warrant the food offering as it was in previous years. A decision was made to close the coffee shop in December 2021 and during this time the space will be repurposed for community delivery for the Waterloo Hub.

Page | 10

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

INTENTIONS FOR THE FUTURE

In the immediate future, OCP will continue to focus on developing and extending the existing Hubs and to support and develop new Hubs.

In 2021/22, it is our intention to restructure our leadership team to best support our local Hub Teams, develop a 2021-25 strategy and build sustainability into the fundraising strategy.

FINANCIAL REVIEW

Income for the OCP group is £4,541,812 , (2020: £4,045,977) and has been generated by a combination of donations and grants £595,308, (2020: £982,752), charitable activities £3,806,580, (2020: £2,858,091) and other income of £139,924 (2020: £205,134).

Expenditure for the group is £4,092,189 (2020: £3,212,422), giving an overall surplus of £449,623 (2020: £833,555). Total funds at year-end are £2,349,095 (2020: £1,899,472), comprising unrestricted £536,517 (2020: £337,330), designated £312,302 (2020: £280,162) and restricted funds of £1,500,276 (2020: £1,281,980).

The Designated Funds represent three areas of funding; the funds in Mulberry Bush (Coulsdon) Ltd, hub leader funds set aside for salaries and OCP employer costs. The designated funds from Mulberry Bush (Coulsdon) Ltd have been set aside for the provision of the nursery service. The activities within Mulberry Bush are different to normal hub activities and trustees have elected to set these funds aside. The remaining two designated funds are held within OCP company only. They are funds set aside for hub leader salaries and employer costs for OCP as the employer of the group.

OCP would like to acknowledge and thank all their supporters for their significant and generous donations during the year. This income is used to support the infrastructure of the organisation, to deliver specific projects not funded by other sources and to supplement areas where direct funding is insufficient to operate activities to Oasis’ standards.

GOING CONCERN

The group’s activities are set out on page 18 of the Financial Statements.

In respect of day-to-day operations, the group’s forecasts and projections show that it will be able to operate within the level of its current facility. The Directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

The going concern of each subsidiary is reviewed independently and has been done so in light of the Covid-19 pandemic. Subsidiaries’ reserves are typically restricted to their own objects and the requirements of their funders. As a result, they are required by the directors to demonstrate viability independently from the rest of the group. Each subsidiary has reviewed its going concern status and their statutory accounts include declarations of where they stand. Following the preparation of budgets and cash flow forecasts, which incorporate all known potential risks following the outbreak of Covid-19, the directors consider that no material uncertainty exists in relation to going concern in any other group entity.

The Directors consider that the charity 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.

Page | 11

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

RESERVES POLICY

It is the intention of the Directors that Oasis Community Partnerships retain sufficient unrestricted and restricted funds to cover the running costs for 3 months which are estimated to be £1.02m (2020: £803k). At the balance sheet date, the charity held total funds of £2,349k (2020: £1,899k). At the end of August 2021 £1,500k (2020: £1,282k) of restricted funds are held by the charity and these are not available for general purposes of the charity. Unrestricted funds at the end of August 2021 are £537k (2020: £337k) and designated funds are £312k (2020: £280k).

FUNDRAISING

The sources of income which we focus on in our fundraising are Trusts & Foundations, Major Donors, Companies and Churches & Community Groups.

Any communications to the public made in the course of carrying out fundraising activity shall be truthful and reflect our ethos and values, that our appeals will state whether funds raised are for general funds or a specific purpose, and that all money raised via fundraising activities will be for the stated purpose of the appeal and will comply with the organisation’s stated mission and purpose. The charity does not undertake any activity that could be classified as intrusive or persistent in its approach to individuals (whether vulnerable or otherwise), ensuring that it does not apply undue pressure or potential damages.

Where fundraising is carried out on our behalf, it is done so by volunteers or church and community groups. In order to support this process and maintain our standards, we employ staff to work closely with these volunteers and supporters, and they are given relevant guidance where necessary. The charity is not bound by any regulatory scheme and it does not consider it necessary to comply with any voluntary code of practice. However, we have a Fundraising Statement which summarises our standards and approach to fundraising, and which is available for volunteers and other supporters.

All personal information collected by OCP is confidential, is not for sale or to be given away or disclosed to any third party without consent, and complies fully with GDPR standards. Nobody directly or indirectly employed by or volunteering for OCP accept commissions, bonuses or payments for fundraising activities on behalf of the organisation, and no general solicitations are undertaken by telephone or door-to-door.

We have had no fundraising complaints in the last financial year, however if someone wants to make a complaint about our fundraising, we will tell them about our complaints procedure and provide it to them in writing upon request.

VOLUNTEERS

Volunteers are an important part of the work of OCP and within each of the subsidiaries and we would like to thank the many volunteers who have assisted during the year. Extensive use of volunteers is made but no value has been attributed due to difficulties with measuring the value.

INTERNAL CONTROL AND RISK MANAGEMENT

The Company has systems and procedures in place to assess and manage risk. The Directors review the assessment of risk on a regular basis, adding additional risks as the Company develops and ensuring it has in place appropriate controls to mitigate the potential impact of the risks identified.

The Directors have assessed the major risks to which the company is exposed and believe the main risks to be the uncertainty of future funding streams, the diversity of operations across the group and safeguarding within the community hubs. The directors have also assessed the risks in relation to Covid-19 and are confident that each hub has satisfactory plans and procedures in place to address the impact of Covid-19 across the many projects. Some OCP staff working in some hubs have been furloughed where operations have temporarily been put on hold. The directors are satisfied that systems

Page | 12

OASIS COMMUNITY PARTNERSHIPS

DIRECTORS’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

and procedures are in place to mitigate our exposure to these risks. Robust reviews of financial performance are carried out at regular intervals with forecasts showing the future funding streams. Regular meetings involving all hub leaders allow for the sharing of best practice, although many of the projects are diverse across the group. Safeguarding is an area that is promoted and carried out across the group. Safeguarding policies set out areas of risk and provide a means of mitigating exposure. Further risks are generic to each operating subsidiary and are disclosed in their own statutory accounts. Each company has a “traffic-light” risk register which is maintained regularly with mitigating responses.

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

The Directors (who are also trustees of Oasis Community Partnerships for the purposes of charity law) are responsible for preparing the Directors’ Report and Strategic Report and the financial statements in accordance with applicable law and regulations.

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 group and charity and of the incoming resources and application of resources, including the income and expenditure, of the group and charity for that period.

In preparing these financial statements, the Directors are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

AUDITORS

With regard to the preparation of this Annual Report and the financial statements, so far as each Director is aware, there is no relevant audit information of which the Company’s auditor is unaware and all steps have been taken by the Directors to make themselves aware of any relevant audit information and to establish that the Company’s auditor is aware of that information.

Mercer & Hole were appointed as auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution that they be re-appointed will be put at a General Meeting.

This annual report of the Directors under the Charities Act 2011 and Companies Act 2006 was approved by the Board on 14/03/2022, including in their capacity as Company Directors the Strategic Report contained therein and is signed as authorised on its behalf by:

O Kolade, Chair

Page | 13

OASIS COMMUNITY PARTNERSHIPS

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF OASIS COMMUNITY PARTNERSHIPS

Opinion

We have audited the financial statements of Oasis Community Partnerships (“the Parent Charitable Company”) and its subsidiaries (“the Group”) for the year ended 31 August 2021 which comprise the Consolidated Statement of Financial Activities (incorporating a Consolidated Income and Expenditure Account), a Consolidated Balance Sheet, a Company Balance Sheet, a Consolidated Statement of Cash Flows 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 Financial Reporting Standard 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 Group and the Parent Charitable Company in accordance with the ethical requirements relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other 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 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.

Page | 14

OASIS COMMUNITY PARTNERSHIPS INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF OASIS COMMUNITY PARTNERSHIPS

Other information

The other information comprises the information included in the Directors’ Report, other than the financial statements and our auditor’s report thereon. The Trustees are responsible for the other information. 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.

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 our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Group and the Parent Charitable Company and its environment obtained in the course of the audit, we have not identified material misstatement in the Trustee’s report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Page | 15

OASIS COMMUNITY PARTNERSHIPS

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF OASIS COMMUNITY PARTNERSHIPS

Responsibilities of trustees

As explained more fully in the Statement of Directors’ Responsibilities, the Trustees (who are also the directors of the charitable company for the purposes 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 determines 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 Group’s and the Parent 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 Group or the Parent Charitable Company or to cease operations, or have no realistic alternative but to do so.

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

Based on our understanding of the company and industry, we identified that the principal risks of noncompliance with laws and regulations related to breaches in Health & Safety and General Data Protection Regulations, and we considered the extent to which non-compliance may have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements and the financial report (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate entries including journals to overstate revenue or understate expenditure, and management bias in accounting estimates. Audit procedures performed by the engagement team included:

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery,

Page | 16

OASIS COMMUNITY PARTNERSHIPS

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF OASIS COMMUNITY PARTNERSHIPS

intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our 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.

Helen Cain , Senior Statutory Auditor

For and on behalf of Mercer & Hole, Statutory Auditor Mercer & Hole is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

21 Lombard Street London EC3V 9AH

Date: 16/03/2022

Page | 17

OASIS COMMUNITY PARTNERSHIPS

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating a Consolidated Income & Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2021

Notes
INCOME FROM:
Donations and legacies
2
Charitable income
3
Other trading income
4
TOTAL
EXPENDITURE ON:
Charitable activities
5
TOTAL
NET INCOME/(EXPENDITURE)
FOR THE YEAR
Transfers between funds
NET MOVEMENT IN FUNDS
At 1 September 2020
At 31 August 2021		 Unrestricted
funds
£
373,146
1,011,779
139,164
1,524,089
1,282,672
1,282,672
241,417
(42,230)
199,187
337,330
536,517		 Designated
funds
£
25,000
289,462
-
314,462
464,742
464,742
(150,280)
182,420
32,140
280,162
312,302		 Restricted
funds
£
197,162
2,505,339
760
2,703.261
2,344,775
2,344,775
358,486
(140,190)
218,296
1,281,980
1,500,276		 Total
2021
£
595,308
3,806,580
139,924
4,541,812
4,092,189
4,092,189
449,623
-
449,623
1,899,472
2,349,095		 Total
2020
£
982,752
2,858,091
205,134
4,045,977
3,212,422
3,212,422
833,555
-
833,555
1,065,917
1,899,472

The notes on pages 22 to 39 form an integral part of these financial statements.

Page | 18

OASIS COMMUNITY PARTNERSHIPS

COMPANY NUMBER: 08749179

CONSOLIDATED BALANCE SHEET

AS AT 31 AUGUST 2021

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS: amounts falling
due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds:
General
14
Designated
14
Restricted funds
15		 2021
£
£
2,043
571,526
2,019,324
2,590,850
(243,798)
2,347,052
2,349,095
2,349,095
536,517
312,302
848,819
1,500,276
2,349,095		 2021
£
£
2,043
571,526
2,019,324
2,590,850
(243,798)
2,347,052
2,349,095
2,349,095
536,517
312,302
848,819
1,500,276
2,349,095		 2020
£
£
1,814
405,790
1,692,848
2,098,638
(200,980)
1,897,658
1,899,472
1,899,472
337,330
280,162
617,492
1,281,980
1,899,472		 2020
£
£
1,814
405,790
1,692,848
2,098,638
(200,980)
1,897,658
1,899,472
1,899,472
337,330
280,162
617,492
1,281,980
1,899,472
2,590,850
(243,798)		 2,098,638
(200,980)
2,349,095 1,899,472
2,349,095 1,899,472
536,517
312,302		 337,330
280,162
848,819
1,500,276		 617,492
1,281,980
2,349,095 1,899,472

The financial statements were approved by the Board on 14/03/2022.

O Kolade Chair of Board

The notes on pages 22 to 39 form an integral part of these financial statements.

Page | 19

OASIS COMMUNITY PARTNERSHIPS

COMPANY NUMBER: 08749179

COMPANY BALANCE SHEET

AS AT 31 AUGUST 2021

Notes
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS: amounts falling
due within one year
12
NET ASSETS
FUNDS
Unrestricted funds:
General
14
Designated
14
Restricted funds
15		 2021
£
£
195,008
207,804
402,812
(69,338)
333,474
140,134
193,340
333,474
-
333,474		 2021
£
£
195,008
207,804
402,812
(69,338)
333,474
140,134
193,340
333,474
-
333,474		 2020
£
£
190,714
200,962
391,676
(120,753)
270,923
135,146
135,777
270,923
-
270,923		 2020
£
£
190,714
200,962
391,676
(120,753)
270,923
135,146
135,777
270,923
-
270,923
402,812
(69,338)		 391,676
(120,753)
140,134
193,340		 135,146
135,777
333,474
-		 270,923
-
333,474 270,923

The profit for the financial year in the financial statements of the parent charity is £62,551 (2020: £109,073).

The financial statements were approved by the Board on 14/03/2022.

O Kolade Chair of Board

The notes on pages 22 to 39 form an integral part of these financial statements.

Page | 20

OASIS COMMUNITY PARTNERSHIPS

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2021

2021 2020
£ £
Reconciliation of changes in resources to net inflow
from operating activities
Net income for the year 449,621 833,555
Reconciliation to cash generated from operations:
Depreciation 1,271 1,335
Increase in debtors (165,734) (6,422)
Increase/(decrease) in creditors 42,818 (159,274)
Net cash provided by operating activities 327,976 669,194
Cash flows from investing activities (1,500) -
Cash flow statement
Net cash provided by operating activities 327,976 669,194
Net cash (used in) investment activities (1,500) -
Net increase in cash in the year 326,476 669,194
Reconciliation of net cash flow movements to net funds
Opening cash 1,692,848 1,023,654
Net increase in cash in the year 326,476 669,194
At 31 August 2021 2,019,324 1,692,848
Consisting of:
Cash at bank and in hand 2,019,324 1,692.848
2,019,324 1,692,848
Analysis of changes in net debt:
1 September Cash Non-cash 31 August
2020 flows movement 2021
£ £ £ £
Cash and cash equivalents 1,692,848 327,747 (1,271) 2,019,324

The notes on pages 22 to 39 form an integral part of these financial statements

Page | 21

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

Charity Information

Oasis Community Partnerships (OCP) is a company limited by guarantee incorporated in the United Kingdom, whose registered number is 08749179. It is also a registered charity of England and Wales, number 1163889. The registered office of OCP and all its subsidiary companies is 1, Kennington Road, London SE1 7QP. These financial statements are prepared in pounds sterling are rounded to the nearest pound. Details of the principal activities of the group are given within the Directors’ Report.

Accounting convention

The 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, the Companies Act 2006, 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 transactional value unless otherwise stated in the relevant accounting policy.

OCP meets the definition of a public benefit entity as defined by FRS 102.

Basis of consolidation

The financial statements consolidate on a line by line basis the results of Oasis Community Partnerships and it subsidiary undertakings for the financial year 31 August 2021. A consolidation has been prepared at this intermediary group level as OCP have provided a guarantee to certain subsidiaries to claim an audit exemption under section 479 (a) of the Companies Act 2006. Inter-group transactions are eliminated on consolidation. Details of the subsidiaries are given in Note 19.

No separate Statement of Financial Activities has been presented for Oasis Community Partnerships as permitted by Section 408 of the Companies Act 2006. The charity has taken advantage of the exemptions in FRS 102 from the requirements to present a charity only Cash Flow Statement and certain disclosures about the charity’s financial instruments.

Going concern

The director’s consider there to be no material uncertainties surrounding going concern. Covid-19 has impacted on OCP’s ability to raise income from events over the summer, however the 2.6 Challenge and confirmed donation income have more than covered any potential shortfall. One subsidiary (Oasis UK Trading), ceased operations in December 2021. The Directors have confirmed that the major sources of grant funding are committed, and the delivery of the activities can be adjusted to ensure that guidelines around social distancing can still be applied. Furthermore, the Directors are confident that costs will only be incurred to the extent that funding is secured. The Directors are confident that the Hubs have adequate resources to continue operating for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts. In doing this, the directors have given due consideration to the working capital and cash flow requirements of the group for at least 12 months from the date of the signature of the accounts.

Fund accounting

Page | 22

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

ACCOUNTING POLICIES (Continued)

Income

Income includes the total receivable by the group from all its activities as follows:

Investment income from bank balances is accounted for on an accruals basis. Rental income is apportioned over the period to which it relates.

Oasis Community Partnerships received a number of donated services during the year. The company is very grateful to the relevant providers of those services. No financial value has been attributed to these services in the financial statements as the related activities would not have been undertaken if this time had not been donated. In line with the Charities SORP, this time has not been valued and included in the financial statements.

Expenditure

Expenditure is included on an accruals basis. Irrecoverable VAT is included with the item of expenditure to which it relates.

Cost of activities in furtherance of the charitable objects of the group includes all directly attributable costs, analysed between The Mulberry Bush (Coulsdon) Ltd, Oasis UK Trading Ltd, Oasis Community Hub: Ashburton Park, Oasis Community Hub: Henderson Avenue, Oasis Community Hub: Foundry & Boulton, Oasis Community Hub: Hadley, Oasis Community Hub: Hobmoor, Oasis Community Hub: Bath, Oasis Lords Hill, Oasis Community Hub: MediaCityUK, Oasis Community Hub: Mayfield, Oasis Community Hub: North Bristol, Oasis Community Hub: Oldham, Oasis Community Hub: South Bristol, Oasis Community Hub: Waterloo, Oasis Community Hub: Wintringtham, Oasis Community Hub: Lister Park and Oasis Community Hub: Blakenhale.

Support costs are those costs incurred directly in support of the charitable activities and comprise the balance of all services supplied centrally not directly allocated to the operational departments. These costs are allocated based on staff time or staff numbers and are fairly recharged across the group.

Governance costs are included within support costs and charitable expenditure and represent costs incurred in connection with administration of the company, management of the group’s assets and compliance with constitutional and statutory requirements.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost, where they have been purchased by the group.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives on a straight line basis.

Plant, machinery and motor vehicles

33% on a straight line basis

A review for impairment is carried out at each year end where events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Where applicable, impairment losses are recognised in the Statement of Financial Activities.

Taxation

Oasis Community Partnerships is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2011 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2011 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page | 23

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

ACCOUNTING POLICIES (Continued)

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.

Cash at bank and in hand

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

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.

Leased assets

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the statement of financial activities on a straight line basis over the lease term.

Pension Benefits

Oasis Community Partnerships’ employees belong to a defined contribution pension scheme, operated by the immediate parent company Oasis Charitable Trust. The annual contribution payable is charged to the Statement of Financial Activities.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, 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. The directors consider that there are no key sources of estimation uncertainty.

Financial instruments

Oasis Community Partnerships 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 amortised cost using the effective interest method. Financial assets held at amortised cost comprise cash at 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.

Page | 24

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

2. DONATIONS AND GRANTS

Donations and gifts Unrestricted
funds
£
373,146
373,146		 Designated
funds
£
25,000
25,000		 Restricted
funds
£
197,162
197,162		 Total
2021
£
595,308
595,308		 Total
2020
£
982,752
982,752

3. INCOME FROM CHARITABLE ACTIVITIES

Fees
Operation of farm
SLA income
Furlough grant income
Grant income
Other goods and services		 Unrestricted
funds
£
-
101,501
241,902
45,929
524,627
97,820
1,011,779		 Designated
funds
£
138,785
-
-
12,994
137,665
18
289,462		 Restricted
funds
£
-
-
190,466
31,341
2,232,783
50,749
2,505,339		 Total
2021
£
138,785
101,501
432,368
90,264
2,895,075
148,587
3,806,580		 Total
2020
£
151,038
104,154
221,429
134,469
2,039,570
207,431
2,858,091

4. OTHER TRADING INCOME

Rent and associated income
Coffee shop sales		 Unrestricted
funds
£
118,368
20,796
139,164		 Designated
funds
£
-
-
-		 Restricted
funds
£
760
-
760		 Total
2021
£
119,128
20,796
139,924		 Total
2020
£
121,827
83,307
205,134

Page | 25

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

5.
DIRECT CHARITABLE EXPENDITURE
Unrestricted
funds
£
OCP
191,946
Oasis Community Hub North Bristol
2,427
Oasis Community Hub Hadley
49,392
Oasis Community Hub Foundry & Boulton
3,028
Oasis Community Hub Hobmoor
22,494
Oasis Community Hub South Bristol
394
Oasis Community Hub MediaCityUK
5,698
Oasis Community Hub Mayfield
2,028
Oasis Community Hub Waterloo
656,761
Oasis Community Hub Wintringham
7,895
Oasis Community Hub Henderson Ave
40,334
Oasis Community Hub Ashburton Park
23,103
Oasis Community Hub Oldham
9,501
Oasis Lords Hill
143,708
Oasis Trading UK Ltd
21,160
Mulberry Bush
-
Oasis Community Hub Bath
88,679
Oasis Community Hub Blakenhale
1,175
Oasis Community Hub Lister Park
449
Oasis Community Hub Short Heath
7,943
Oasis Community Hub Warndon
4,557
1,282,672		 Designated
funds
£
149,857
-
-
-
-
-
-
-
-
-
-
-
-
-
-
314,885
-
-
-
-
-
464,742		 Restricted
funds
£
132,709
138,062
527,972
16,713
156,459
26,972
43,855
1,953
741,830
147,012
107,683
9,877
174,452
25,685
-
-
58,725
14,509
3,818
9,810
6,679
2,344,775		 Total
2021
£
474,512
140,489
577,364
19,741
178,953
27,366
49,553
3,981
1,398,591
154,907
148,017
32,980
183,953
169,393
21,160
314,885
147,404
15,684
4,267
17,753
11,236
4,092,189		 Total
2020
£
472,988
123,496
427,667
13,732
130,416
24
37,627
4,240
1,009,629
59,815
93,030
38,455
76,661
146,769
130,277
336,767
97,909
2,117
1,687
6,580
2,536
3,212,422

Page | 26

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

5. DIRECT CHARITABLE EXPENDITURE (continued)

Direct charitable expenditure analysis

OCP
Oasis CH North Bristol
Oasis CH Hadley
Oasis CH Foundry &
Boulton
Oasis CH Hobmoor
Oasis CH South Bristol
Oasis CH MediaCityUK
Oasis CH Mayfield
Oasis CH Waterloo
Oasis CH Wintringham
Oasis CH Henderson Ave
Oasis CH Ashburton Park
Oasis CH Oldham
Oasis Lords Hill
Oasis Trading UK Ltd
Mulberry Bush
Oasis CH Bath
Oasis CH Blakenhale
Oasis CH Lister Park
Oasis CH Short Heath
Oasis CH Warndon		 Staff
costs
(Note 7) £
118,911
77,423
426,577
5,212
43,427
-
30,987
-
853,656
41,498
75,516
18,046
141,291
53,684
11,523
248,229
54,879
335
-
-
-
2,201,194		 Other
direct
costs
£
334,525
46,083
137,921
12,867
114,482
25,854
17,104
3,650
437,246
104,740
40,006
13,809
36,905
95,519
8,161
42,995
55,881
11,762
3,236
17,285
10,075
1,570,106		 Premises
costs
£
12,928
1,518
333
15,603
1,203
-
-
67,348
1,218
25,843
-
-
16,017
360
17,972
27,512
2,550
-
206
130
190,741		 Support
costs
£
13,926
3,805
8,698
1,079
5,191
59
1,212
81
29,305
7,201
6,402
875
5,469
2,448
1,116
3,085
8,882
787
781
12
781
101,195		 Governance
costs
£
7,150
250
2,650
250
250
250
250
250
11,036
250
250
250
288
1,725
-
2,604
250
250
250
250
250
28,953
Total

2021

£

474,512

140,489

577,364

19,741

178,953

27,366

49,553

3,981

1,398,591

154,907

148,017

32,980

183,953

169,393

21,160

314,885

147,404

15,684

4,267

17,753

11,236
4,092,189		 Total
2020
£
472,988
123,496
427,667
13,732
130,416
24
37,627
4,240
1,009,629
59,815
93,030
38,455
76,661
146,769
130,277
336,767
97,909
2,117
1,687
6,580
2,536
3,212,422

Page | 27

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

5. DIRECT CHARITABLE EXPENDITURE (continued)

SUPPORT COST SUMMARY

Charitable activities
OCP
Oasis CH North Bristol
Oasis CH Hadley
Oasis CH Foundry & Boulton
Oasis CH Hobmoor
Oasis CH South Bristol
Oasis CH MediaCityUK
Oasis CH Mayfield
Oasis CH Waterloo
Oasis CH Wintringham
Oasis CH Henderson Ave
Oasis CH Ashburton Park
Oasis CH Oldham
Oasis Lords Hill
Oasis Trading UK Ltd
Mulberry Bush
Oasis CH Bath
Oasis CH Blakenhale
Oasis CH Lister Park
Oasis CH Short Heath
Oasis CH Warndon		 Office &
Training
costs
£
13,801
3,663
8,626
1,038
5,079
35
1,179
72
29,038
7,038
6,294
852
5,379
2,448
351
2,956
8,685
777
781
5
769
98,866		 Governance
£
125
142
72
41
112
24
33
9
267
163
108
23
90
-
765
129
197
10
-
7
12
2,329		 Total
2021
£
13,926
3,805
8,698
1,079
5,191
59
1,212
81
29,305
7,201
6,402
875
5,469
2,448
1,116
3,085
8,882
787
781
12
781
101,195		 Total
2020
£
8,863
1,576
2,634
654
7,093
-
306
45
19,616
1,819
6,111
1,955
3,733
2,023
2,683
3,940
3,676
1
284
11
89
67,112
6.
GOVERNANCE
Auditor’s remuneration
Auditor’s remuneration (Subsidiaries)
Independent examination fees
Legal fees		 Total
2021
£
7,150
8,925
3,750
9,128
28,953		 Total
2020
£
9,910
10.480
3,280
-
23,670

Page | 28

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

7. STAFF NUMBER AND EMOLUMENTS (GROUP)

Staff emoluments
Social security costs
Pension costs
Total staff costs
The average number of employees during
the year was as follows:
Charitable activities
Central Management and support		 Group
2021 £
1,918,369
152,188
130,637
2,201,194
96
11
107		 Company
2021 £
102,004
9,957
6,951
118,912
4
-
4		 Group
2020 £
1,685,729
127,734
107,612
1,921,075
98
7
105		 Company
2020 £
122,441
13,022
8,304
143,767
6
-
6

No employees earned more than £60,000 per annum (including taxable benefits but excluding employers’ pension contributions) during the year ended 31 August 2021 (2020: nil). Pension costs were split between unrestricted and restricted funds depending on the specific fund the individual worked on.

The key management personnel of the group comprise the directors and senior management team. The total employee benefits of the key management are recognised in another group entity. These amounted to £301,157 (2020: £343,964).

8. TRUSTEES' EMOLUMENTS AND REIMBURSED EXPENSES

Neither the Directors nor any persons connected with them have received remuneration for their services as trustees of the company or group. No Directors were reimbursed for any expenses during the year (2020: nil). The aggregate amount of donations made by directors to the group in 2021 amounted to £6,100 (2020: £6,050).

9. NET MOVEMENT IN FUNDS

ET MOVEMENT IN FUNDS
2021 2020
£ £
Net movement in funds is arrived at after charging/(crediting):
Depreciation of owned fixed assets 1,271 1,335
Auditor’s remuneration
- Audit fees for this year 19,825 21,470
- Government grants 552,198 601,817

Page | 29

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

10. TANGIBLE FIXED ASSETS

Group
Cost
At 1 September 2020
Additions
At 31 August 2021
Depreciation
At 1 September 2020
Charge for the year
At 31 August 2021
Net book value
At 1 September 2020
At 31 August 2021		 Building
Improvements
£
66,399
-
66,399
64,585
1,146
65,731
1,814
668		 Furniture.
Equipment
and Motor
£
1,904
1,500
3,404
1,904
125
2,029
-
1,375		 Total
£
68,303
1,500
69,803
66,489
1,271
67,760
1,814
2,043

Oasis Community Partnerships does not hold any tangible assets, hence the company only balances at 31 August 2021 was nil (2020: £nil). All tangible assets are held by subsidiaries.

11. DEBTORS

Trade debtors
Prepayments and accrued income
Amounts owed by group undertakings		 Company
2021
£
9,183
-
185,825
195,008		 Group
Company
Group
2021
2020
2020
£
£
£
553,410
27,346
395,614
-
-
-
18,116
163,368
10,176
571,526
190,714
405,790

Page | 30

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

12. CREDITORS: amounts falling due within one year

Amounts owed to group undertakings
Trade creditors
Tax and social security
Accruals and deferred income
Deferred income at 1 September 2020
Expenditure deferred in the year
Amounts released from previous years
Deferred income at 31 August 2021		 Company
2021
£
19,397
6,838
43,103
-
69,338
Company
2021
£
-
-
-
-		 Group
2021
£
17,689
226,109
-
-
243,798
Group
2021
£
5,733
-
(5,733)
-		 Company
2020
£
78,783
6,231
35,739
-
120,753
Company
2020
£
-
-
-
-		 Group
2020
£
62,357
132,890
-
5,733
200,980
Group
2020
£
42,382
5,733
(42,382)
5,733

Deferred Income is income that has been set aside and moved to future years as the projects cannot and have not started yet.

13. COMPANY STATUS

The Company is a private company limited by guarantee and does not have a share capital. It is incorporated in England and Wales and is a public benefit entity. The address of the registered office is at 1 Kennington Road, London, SE1 7QP.

Page | 31

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

14. UNRESTRICTED FUNDS

At 1 September
Net movement in unrestricted funds
Represented by:
Unrestricted Funds
Designated Funds
Total Unrestricted Funds 31 August		 Company
2021
£
270,923
62,551
333,474
140,134
193,340
333,474		 Group
2021
£
617,494
229,898
847,392
536,517
312,302
848,819		 Company
2020
£
161,850
109,073
270,923
135,146
135,777
270,923		 Group
2020
£
448,823
168,669
617,492
337,330
280,162
617,492

Designated funds represents three areas; with OCP the hub leader salaries and employer costs and the funds held in Mulberry Bush for the provision of the nursery within the hub. The hub leader salaries will be spent over the next year and the remaining funds will be spent over the next 5 - 10 years.

15. RESTRICTED FUNDS 2021 (Group and Company)

Company:
OCP
Group:
The Mulberry Bush (Couldson)
Oasis Community Hub: North Bristol
Oasis Community Hub: Hadley
Oasis Community Hub: Foundry &
Boulton
Oasis Community Hub: Hobmoor
Oasis Community Hub: MediaCityUK
Oasis Community Hub: Ashburton Park
Oasis Community Hub: Oldham
Oasis Lord’s Hill
Oasis Community Hub: Mayfield
Oasis Community Hub: Waterloo
Oasis Community Hub: Wintringham
Oasis Community Hub: Henderson
Avenue
Oasis Community Hub: Bath
Oasis Community: Blakenhale
Oasis Community: Lister Park
Oasis Community Hub: Short Heath
Oasis Community Hub: Warndon
Oasis Community Hub: South Bristol		 2020
£
-
-
82,658
161,986
13,408
160,551
38,753
20,080
113,616
38,670
1,431
540,583
45,485
15,852
31,936
2,584
11,443
-
2,944
-
1,281,980		 Income
£
132,709
-
149,664
784,428
28,634
158,564
106,560
7,000
182,292
880
8,737
658,903
161,190
150,022
65,347
21,205
19,964
9,810
29,136
28,216
2,703,261		 Expenditure
£
(132,709)
-
(138,062)
(527,972)
(16,713)
(156,459)
(43,855)
(9,877)
(174,452)
(25,685)
(1,953)
(741,830)
(147,012)
(107,683)
(58,725)
(14,509)
(3,818)
(9,810)
(6,679)
(26,972)
(2,344,775)		 Transfers
£
-
-
(16,589)
(48,272)
(5,088)
(27,432)
(1,421)
(1,332)
(18,339)
-
(1,427)
18,519
(28,803)
-
-
(3,890)
(4,640)
-
(1,476)
-
(140,190)		 2021
£
-
-
77,671
370,170
20,241
135,224
100,037
15,871
103,117
13,865
6,788
476,175
30,860
58,191
38,558
5,390
22,949
-
23,925
1,244
1,500,276

Page | 32

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

Transfers above relate to the allocation of management charges from restricted projects.

A description of the material restricted fund balances are:

15. RESTRICTED FUNDS 2020 (Group and Company) Continued

Company:
OCP
Group:
The Mulberry Bush (Couldson)
Oasis Community Hub: North Bristol
Oasis Community Hub: Hadley
Oasis Community Hub: Foundry &
Boulton
Oasis Community Hub: Hobmoor
Oasis Community Hub: MediaCityUK
Oasis Community Hub: Ashburton Park
Oasis Community Hub: Oldham
Oasis Community Hub: Lord’s Hill
Oasis Community Hub: Mayfield
Oasis Community Hub: Waterloo
Oasis Community Hub: Wintringham
Oasis Community Hub: Henderson
Avenue
Oasis Community Hub: Bath
Oasis Community Hub: Blakenhale
Oasis Community Hub: Lister Park
Oasis Community Hub: Warndon		 2019
£
-
-
65,126
131,681
10,036
68,901
52,294
17,434
103,237
-
1,431
125,644
33,952
1,358
6,000
-
-
-
617,094		 Income
£
156,188
-
133,781
448,602
13,927
221,821
25,899
30,132
87,451
46,025
-
983,327
80,254
66,717
45,671
5,000
15,029
16,229
2,376,053		 Expenditure
£
(156,188)
-
(107,175)
(383,629)
(8,071)
(94,952)
(33,611)
(27,486)
(65,875)
(7,355)
-
(527,400)
(56,045)
(52,223)
(19,735)
(2,116)
(1,432)
(2,105)
(1,545,398)		 Transfers
£
-
-
(9,074)
(34,668)
(2,484)
(35,219)
(5,829)
-
(11,197)
-
-
(40,988)
(12,676)
-
-
(300)
(2,154)
(11,180)
(165,769)		 2020
£
-
-
82,658
161,986
13,408
160,551
38,753
20,080
113,616
38,670
1,431
540,583
45,485
15,852
31,936
2,584
11,443
2,944
1,281,980

Page | 33

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2021 – GROUP

Unrestricted
funds
Designated
funds
2021
2021
£
£
Tangible fixed assets
1,375
668
Current assets
646,853
314,134
Current liabilities
(113,138)
(2,500)
535,090
312,302
ANALYSIS OF NET ASSETS BETWEEN FUNDS 2020 - GROUP
Unrestricted
funds
Designated
funds
2020
2020
£
£
Tangible fixed assets
-
1,814
Current assets
462,942
283,401
Current liabilities
(125,612)
(5,053)
337,330
280,162
ANALYSIS OF NET ASSETS BETWEEN FUNDS 2021 – COMPANY
Unrestricted
funds
Designated
funds
2021
2021
£
£
Current assets
190,075
193,340
Current liabilities
(49,941)
-
140,134
193,340
ANALYSIS OF NET ASSETS BETWEEN FUNDS 2020 - COMPANY
Unrestricted
funds
Designated
funds
2020
2020
£
£
Current assets
255,899
135,777
Current liabilities
(120,753)
-
135,146
135,777		 Unrestricted
funds
Designated
funds
2021
2021
£
£
1,375
668
646,853
314,134
(113,138)
(2,500)		 Unrestricted
funds
Designated
funds
2021
2021
£
£
1,375
668
646,853
314,134
(113,138)
(2,500)

Restricted
funds
Total
funds

2021
2021

£
£

-
2,043

1,629,863
1,590,850

(128,160)
(243,798)

1,501,703
2,349,095


Restricted
funds
Total
funds

2020
2020

£
£
-
1,814
1,352,295
2,098,638
(70,315)
(200,980)
1,281,980
1,899,472


Restricted
funds
Total
funds

2021
2021

£
£

-
383,415

-
(49,941)

-
333,474


Restricted
funds
Total
funds

2020
2020

£
£
-
391,676
-
(120,753)
-
270,923
535,090
312,302
135,146 135,777

17. CAPITAL COMMITMENTS

There were no capital commitments at the year end.

Page | 34

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

18. FINANCIAL COMMITMENTS

There is one operating lease within Oasis Community Hub: Waterloo as follows:

St Thomas Hospital has granted a rent-free lease for the operation of the Waterloo Farm. This lease will expire within the next five years.

19. SUBSIDIARY SUMMARY

The subsidiaries listed below are UK charitable companies limited by guarantee, wholly-owned by Oasis Community Partnerships, apart from Oasis UK Trading Ltd which is a trading company. OCP has the power to appoint and remove trustees from the Board of each of these subsidiaries. The principal objects of all these companies are the advancement for the public benefit of education and health, the preservation and protection of public health generally, the relief of poverty for people who are in need, hardship or distress.

2021 Total Total Net Total Total Net
Income Expenditure Surplus/ Assets Liabilities Assets
(Deficit)
£ £ £ £ £ £
The Mulberry Bush (Coulsdon) Limited (Co No.
03902995, Charity No. 1084590) 289,461 (314,885) (25,424) 121,357 (3,063) 118,294
Oasis Community Hub North Bristol (Co No.
07237012, Charity No. 1136930) 155,171 (158,078) (2,907) 97,305 (7,292) 90,013
Oasis Community Hub Henderson Avenue (Co
No. 07237011, Charity No. 1137025) 198,369 (148,605) 49,764 88,230 (22,552) 65,678
Oasis Community Hub Hadley (Co No.
07236762, Charity No. 1138871) 820,458 (601,765) 218,693 428,944 (35,492) 393,452
Oasis Community Hub Foundry & Boulton (Co
No. 10581583, Charity No.1172915) 33,510 (25,075) 8,435 26,989 (4,266) 22,723
Oasis Community Hub Hobmoor (Co No.
10615979, Charity No.1172925) 160,371 (207,775) (47,404) 180,899 (32,311) 148,588
Oasis Community Hub South Bristol (Co No.
07236795, Charity No. 1138870) 34,256 (27,366) 6,890 15,026 (7,769) 7,257
Oasis Community Hub MediaCityUK (Co No.
07237013, Charity No. 1136924) 111,627 (64,474) 47,153 103,257 (2,018) 101,239
Oasis Community Hub Mayfield (Co No.
07237014, Charity No. 1138867) 9,247 (3,981) 5,266 12,094 (787) 11,307
Oasis Community Hub: Oldham (Co No.
07356565, Charity No. 1138862) 198,652 (203,292) (4,640) 113,526 (1,590) 111,936
Oasis Community Hub: Ashburton Park (Co
No. 07237600, Charity No. 1138901) 31,589 (32,980) (1,391) 23,593 (250) 23,343
Oasis Community Hub Waterloo (Co No.
07237305, Charity No. 1136965) 1,475,200 (1,405,838) 69,362 807,445 (137,520) 669,925
Oasis Community Hub Wintringham (Co No.
07237722, Charity No. 1138869) 177,152 (184,710) (7,558) 57,796 (14,686) 43,110
Oasis Lord’s Hill (Co No. 07236269, Charity
No. 1138872 193,573 (169,918) 23,655 117,288 (11,130) 106,158
Oasis UK Trading Ltd (Co No. 05857759) 28,085 (21,160) 6,925 11,290 (22,093) (10,803)
Oasis Community Hub Bath (Co No.
07236345, Charity No. 1138904) 152,576 (148,454) 4,122 101,667 (47,065) 54,602
Oasis Community Hub Blakenhale (Co No.
11946520, Charity No. 1183904) 22,309 (19,574) 2,735 9,535 (3,637) 5,898
Oasis Community Hub Lister Park (Co No.
11218178, Charity No. 1181974) 20,574 (8,907) 11,667 25,592 (2,237) 23,355
Oasis Community Hub Short Heath (Co No.
12242308, Charity No. 1186690) 17,435 (17,753) (318) 3,748 (2,166) 1,582
Oasis Community Hub Warndon (Co No.
12515168, Charity No. 1189489) 40,232 (18,187) 22,045 29,563 (3,642) 25,921

Page | 35

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

SUBSIDIARY SUMMARY (Continued)

2020 Total Total Net Total Total Net
Income Expenditure Surplus/ Assets Liabilities Assets
(Deficit)
£ £ £ £ £ £
The Mulberry Bush (Coulsdon) Limited (Co No.
03902995, Charity No. 1084590) 327,524 (336,767) (9,243) 149,438 (5,053) 144,385
Oasis Community Hub North Bristol (Co No.
07237012, Charity No. 1136930) 150,882 (131,955) 18,927 96,331 (3,411) 92,920
Oasis Community Hub Henderson Avenue (Co
No. 07237011, Charity No. 1137025) 109,107 (94,605) 14,502 41,133 (25,219) 15,914
Oasis Community Hub Hadley (Co No.
07236762, Charity No. 1138871) 490,633 (478,923) 11,710 217,870 (43,111) 174,759
Oasis Community Hub Foundry & Boulton (Co
No. 10581583, Charity No.1172915) 18,491 (16,216) 2,275 15,061 (774) 14,287
Oasis Community Hub Hobmoor (Co No.
10615979, Charity No.1172925) 256,728 (167,099) 89,629 197,459 (1,468) 195,991
Oasis Community Hub South Bristol (Co No.
07236795, Charity No. 1138870) - (24) (24) 367 - 367
Oasis Community Hub MediaCityUK (Co No.
07237013, Charity No. 1136924) 39,360 (43,456) (4,096) 55,371 (1,286) 54,085
Oasis Community Hub Mayfield (Co No.
07237014, Charity No. 1138867) 2,957 (4,240) (1,283) 6,398 (357) 6,041
Oasis Community Hub: Oldham (Co No.
07356565, Charity No. 1138862) 94,376 (89,858) 4,518 116,776 (200) 116,576
Oasis Community Hub: Ashburton Park (Co
No. 07237600, Charity No. 1138901) 41,037 (38,455) 2,582 27,080 (2,347) 24,733
Oasis Community Hub Waterloo (Co No.
07237305, Charity No. 1136965) 1,506,468 (1,064,807) 441,661 738,359 (137,795) 600,564
Oasis Community Hub Wintringham (Co No.
07237722, Charity No. 1138869) 87,407 (72,315) 15,092 51,562 (894) 50,668
Oasis Lord’s Hill (Co No. 07236269, Charity
No. 1138872 227,538 (148,344) 79,194 92,173 (9,669) 82,504
Oasis UK Trading Ltd (Co No. 05857759) 129,898 (130,277) (379) 25,214 (41,567) (16,353)
Oasis Community Hub Bath (Co No.
07236345, Charity No. 1138904) 136,700 (97,909) 38,791 50,680 (200) 50,480
Oasis Community Hub Blakenhale (Co No.
11946520, Charity No. 1183904) 5,580 (2,417) 3,163 3,956 (793) 3,163
Oasis Community Hub Lister Park (Co No.
11218178, Charity No. 1181974) 15,529 (3,841) 11,688 11,888 (200) 11,688
Oasis Community Hub Short Heath (Co No.
12242308, Charity No. 1186690) 8,480 (6,580) 1,900 2,100 (200) 1,900
Oasis Community Hub Warndon (Co No.
12515168, Charity No. 1189489) 17,592 (13,716) 3,876 4,246 (370) 3,876

Page | 36

OASIS COMMUNITY PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

SUBSIDIARY SUMMARY (Continued)

Audit Exemptions

The following subsidiaries are also exempt from the requirements 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 companies below have been independently examined:

Oasis Community Hub: Ashburton Park Oasis Community Hub: Bath Oasis Community Hub: Blakenhale Oasis Community Hub: Foundry & Boulton Oasis Community Hub: Henderson Avenue Oasis Community Hub: Hobmoor Oasis Lord’s Hill Oasis Community Hub: Lister Park Oasis Community Hub: Mayfield Oasis Community Hub: MediaCityUK Oasis Community Hub: North Bristol Oasis Community Hub: Oldham Oasis Community Hub: Short Heath Oasis Community Hub: South Bristol Oasis Community Hub: Warndon Oasis Community Hub: Wintringham

20. RELATED PARTY TRANSACTIONS

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

The year end balances are derived from recharged costs during the year. These costs are recognised as expenditure in each of the individual company accounts. The total recharged across the group for the year was £203,976 (2020: £179,504). There were no other related party transactions.

Page | 37

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

21. ULTIMATE AND IMMEDIATE PARENT UNDERTAKING

Oasis Community Partnerships is a wholly owned subsidiary of Oasis Charitable Trust, a company incorporated in England (registered number 02818823) and a registered charity (registered charity number 1026487). These financial statements are the smallest group for which accounts are prepared that include OCP. OCP is the parent of a number of subsidiary companies and could exercise control if needed. The subsidiary results are reviewed every quarter and reported to the OCP Board regularly.

Oasis Charitable Trust is the immediate and ultimate parent company of OCP and has the power to appoint and remove trustees. In addition, OCT has control and oversight over OCP and its subsidiaries which is formally documented in the Intra Group Agreement. Oasis Charitable Trust’s objects are the advancement of Christianity; the advancement of education; the advancement of health and 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.

Oasis Charitable Trust (OCT) is the immediate and 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 Partnerships, 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 principal objectives are to:

22. FINANCIAL INSTRUMENTS

At the balance sheet date the group held financial assets at amortised cost of £2,590,850 (2020: £2,098,638). Financial assets at fair value through income or expenditure of £nil (2020: £nil) and financial liabilities at amortised cost of £243,798 (2020: £195,247).

Page | 38

OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

23 . STATEMENT OF FINANCIAL ACTIVITIES – COMPARATIVES

INCOME FROM:
Donations and legacies
Charitable income
Other trading income
TOTAL
EXPENDITURE ON:
Charitable activities
TOTAL
NET
INCOME/(EXPENDITURE)
FOR THE YEAR
Transfers between funds
NET MOVEMENT IN
FUNDS
At 1 September 2019
At 31 August 2020		 Unrestricted
funds
£
520,535
597,117
192,248
1,309,900
1,183,675
1,183,675
126,225
(84,090)
42,135
295,195
337,330		 Designated
funds
£
20,000
340,024
-
360,024
483,349
483,349
(123,325)
249,859
126,534
153,628
280,162		 Restricted
funds
£
442,217
1,920,950
12,886
2,376,053
1,545,398
1,545,398
830,655
(165,769)
664,886
617,094
1,281,980		 Total
2020
£
982,752
2,858,091
205,134
4,045,977
3,212,422
3,212,422
833,555
-
833,555
1,065,917
1,899,472		 Total
2019
£
637,990
2,133,565
325,927
3,097,482
2,865,136
2,865,136
232,346
-
232,346
833,571
1,065,917

Page | 39