Company number 08749179
## **OASIS COMMUNITY PARTNERSHIPS**
## **FINANCIAL STATEMENTS**
**31 AUGUST 2023**
**(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 2023**
|**DIRECTORS**|P Brierley|
|---|---|
||Dr A Briers|
||D F Bright|
||Q C Chizea (appointed 20 December 2023)|
||R J Claydon|
||R Cox|
||K James-Fergus (resigned 1 February 2023)|
||O Kolade|
||M Stickland|
|**SECRETARY AND REGISTERED AND PRINCIPAL**||
|**OFFICE**|Ms Kat Simmonds|
||Registered office: 1 Kennington Road, London|
||SE1 7QP|
|**AUDITORS**|Mercer & Hole LLP|
||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**|Kat Simmonds|
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**OASIS COMMUNITY PARTNERSHIPS**
## **DIRECTORS’ REPORT**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **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 2023. 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 Q C Chizea (appointed 20 December 2023) R J Claydon R Cox M Stickland K James-Fergus (resigned 1 February 2023) 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.
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**OASIS COMMUNITY PARTNERSHIPS**
## **DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **COMPANY SECRETARY AND COMPANY REGISTRATIONS**
The Company Secretary is Kat Simmonds 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:
- i) To support local communities to become places that are characterised by trust, safety, cohesion, mutual support, vibrancy, health and opportunity, and have increasing capacity to address their own issues.
- ii) To help people who are excluded from the community back into community and to find wholeness and fullness of life.
- iii) To replicate models that effectively contribute to community transformation or bring the excluded into community.
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.
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**OASIS COMMUNITY PARTNERSHIPS**
**DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
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 54 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 22 subsidiaries, 21 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 which is dormant this year.
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.
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**OASIS COMMUNITY PARTNERSHIPS**
**DIRECTORS’ REPORT (CONTINUED)**
**FOR THE YEAR ENDED 31 AUGUST 2023**
**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**
In 2022/23, OCP had two purposes:
- National/regional support delivered to Oasis Hubs
- Oversight of local Oasis Community Hub companies in each Hub location
## **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. In any community where OCP works, the company’s model is to develop a wide range of services, which support children, young people, families and the wider community 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.)
The company has developed a strategy, which has seen growth in the 19 focus Hubs across the following areas:
- i) Children’s and youth work programmes
- ii) Community empowerment schemes (social enterprise, community volunteering, social action campaigns, education for life, relationship-building activities etc.)
- iii) Advice, resilience and emergency support programmes (advice services, foodbanks etc.) iv) Family support projects
- v) The establishment and development of Oasis Churches and chaplaincy
- vi) Health and wellbeing programmes
## **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 2022/23 OCP had 142 employees and over 530 volunteers. During the year, across all our projects, OCP worked with:
- 735 community members through adult education activities.
- 949 people through our advice and guidance activities.
- 9,000 young people through our children and youth activities.
- 22,700 community members through our community activities.
- 7,728 through our community food provisions - providing 466,351 meals over the year.
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**OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)**
**FOR THE YEAR ENDED 31 AUGUST 2023**
## **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 six entities were audited in 2022/23:
## **2.3.1 Oasis Community Hub Waterloo**
The focus of Oasis Waterloo in the last year has been building the local community, opportunity, and sustainability – looking to the future for Waterloo. In terms of delivery the reach of the Hub projects during the year has been similar to the previous years – with some growth in food provision, family engagement, and youth services. Throughout all this activity, the impact of the effects of the ‘cost of living’ remains and have become increasingly evident; both immediate support together with medium and long term interventions has consumed much reflection and planning. In response to this, The Hub has introduced the Living Room project in response to the crisis around fuel poverty. The long-term negative impacts of the cost of living crisis, perhaps notably in the decline of community members’ mental health and the challenge of accessing life’s essentials, has manifested itself in 2022-23 in the Hub’s provision for 24,000 people facing food poverty through the Waterloo Foodbank; and had a caseload of 108 people receiving one-to-one in-depth advice/support.
In the last 12 months, Waterloo has maintained their work with families and young people to improve their wellbeing through partnerships with local charities such as BOST to run after-school family sessions from their Living Space premises, along with evening youthwork sessions. The small project provides families with essential clothing and consumables for 0-10 year olds. Alongside this, VR programmes run through the Hub with Oasis Youth Service working in St Thomas’ A&E supported over 100 young people with individual, tailored, long-term mentoring with an increase in high-risk referrals through A&E in the course of the year.
## **2.3.2 Oasis Community Hub Hadley (Enfield, North London)**
Through open access provision, the Hub seeks to build and support relationships with young people in their local community to empower them and engage the most vulnerable. The community team can support targeted needs and work holistically with young people to identify areas where they have strengths, improve life opportunities and create pathways of support. All the work carried out by the Hub is preventative in order that further invention will not be needed in the future. Regular community projects include a senior youth club, targeted accredited workshops including cooking, sports, Arts, and life skills, girls group, junior club, detached outreach work, youth leaders programme, fitness, holiday activities and trips and residentials.
OYS @ North Middlesex hospital is still ongoing this year and continues to support young people aged 11 to 24 who have attended Accident & Emergency due to a violent crime or suspected gang involvement. The Community Space at Hadley has been utilised effectively again this year and through acquiring a second shop, the team are able to run their food pantry through this space. The Community outreach team has continued to facilitate the following groups alongside a number of invaluable volunteers; Knit and Natter, Stay and Play and English classes, the Hadley Luncheon Club, which provides a hot lunch and a social activity for older residents in the area, 39 individuals access this provision on a regular basis. The relationships that Hadley have developed across these community outreach projects has been vital in reducing isolation and loneliness.
## **2.3.3 Mulberry Bush Coulsdon Ltd**
In 2022/23, Mulberry Bush continued to be an excellent provision that provided a high level of care for the children that attended. Parent focused sessions and open days were reintroduced this year, these were a success and really appreciated by the families using our provision. The pre-School continued to developed their relationship with Oasis Academy Byron and the decision was made in the March
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**OASIS COMMUNITY PARTNERSHIPS**
**DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
2023 that the pre-school and after school provision would transfer over to the Academy, with all understanding that this was the best outcome for all. The transfer took place on 1[st] September 2023.
## **2.3.4 Oasis Community Hub Oldham**
Across the two community spaces in Oldham there has been a large range of activities designed to empower the local community. Creative English classes, sewing classes and art classes have been very well attended alongside yoga and Zumba classes. Overall, the Hub has had 5000 attendees across the year. The work of Oldham Hub is centred around young people though their school’s links and youth provision and the team have supported 35 mentoring sessions with students from the academy.
The last 12 months has seen massive successes for the Greater Manchester Navigator project who have been successful in securing funding until March 2025 which has enabled them to implement a new team structure to support their growth which includes recruiting two Senior Practitioners to oversee mini teams that are geographically focused. In 2022/23 alone, 529 referrals were made into the project with 45% of these referrals being made through community pathways.
## **2.3.5 Oasis Community Hub Bath**
Oasis Hub Bath delivers community work in a tiered delivery model, facilitating activity both within their building Oasis Church Bath, and in other areas of the city. This year the Hub continues to run two affordable food pantries, which have grown considerably in the last year. The pantry has been able to provide support through the co-location of other services from partner organisations, who attend the pantry regularly to meet pantry members as an alternative to cold contact referrals. The Roundhill Pantry, run in partnership with four other organisations continues to grow and has also benefitted from the addition of a community café provision for members. Overall, through these two pantries, 152 people have a membership with an overall number of 372 beneficiaries. Oasis Bath also launched their Living Room project in 2022/23 providing a warm space for those impacted by the cost-of-living crisis.
## **2.3.6 Oasis Lords Hill**
Often described as a sanctuary, the farm serves the community in a range of different ways. The farm is known for their neurodiversity inclusion successes and have since launched a ‘Autism Hour’ which supports those who would ordinarily find it difficult to visit the farm without the necessary considerations and training to make the farm more inclusive. The Holiday Activities and Food (HAF) programme remains immensely popular with the community and the farm inspires children to grow, harvest and cook fruit and vegetables, learn about regenerative farming and where meat comes from. The farm is home to a range of characters including Beatrice the Golden Guernsey Goat, Tallulah the Shetland Sheep and Penny pig. As well as a range of different feathered friends, bearded dragons, gecko, guinea pigs, blue tongued skunks and many other animals. new additions to the farm have been pygmy goats and rescue hens and due to the remodelling of the farm, the team have now been able to incorporate animal interaction workshops at the farm.
## **2.3.7 Independently examined Hubs**
The following 13 Hubs were independently examined in 2022/23:
## **Oasis Community Hub Ashburton Park (Croydon)**
2022/23 has been a year of change for Oasis Hub Ashburton Park, and the Hub have commission a local charitable organisation ‘Reaching Higher’ to deliver a 12-month youth programme. Though the contract Reaching Higher has been successful in serving the young people of the Croydon community though their many summer and easter holiday activities such as, barbering workshops, water fights, football tournaments, dance, baking, cooking and nail workshops.
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**OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **Oasis Community Hub Blakenhale (Birmingham)**
In May 2022, a Hub Leader was appointed and has been working well on engaging with the local community. Oasis Hub Blakenhale continues to develop and some of the Hub activities that current run through the hub are school-led coffee morning support for SEN parents, Re-engage, gentle exercise groups for over 75 year-olds, Islamic education sessions, food club, warm welcome coffee mornings, stay and play, digital skills and ESOL courses for adults and adult exercise classes. Blakenhale have been successful in acquiring several new volunteers on the Blakenhale Community Hub Council who all have the expertise to help with community development and to help the Hub grow to its full potential.
## **Oasis Community Hub Foundry and Boulton (Birmingham)**
The pantry team has maintained their work, and new Hub Leaders were appointed and in post from June 2023 so the main aims for Hub going forward will be on rebuilding the community activities. The advocacy work is ongoing, and the team remain supporting the community with advocacy needs. The Hub continues to collaborate with Warm Earth and the Newbigin Community Trust on the use of the school field at Foundry which includes a nature area and community garden.
## **Oasis Community Hub Henderson Avenue (Scunthorpe)**
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. In 2022/23, the project has seen a major increase in engagement and new organisations have started to use the space for their events. The Hub’s ‘Good Coffee’ coffee shop is still up and running from Tuesday-Saturday and through Hub’s food pantry, 1707 meals were serviced from June to August. Other Hub activities include Cooking and ESOL sessions, stop smoking sessions, alternative provision cooking sessions and adult education courses with the hope to develop on youth work provision in 2023/24.
## **Oasis Community Hub Hobmoor (Birmingham)**
The work of Oasis Pantry Hobmoor is ongoing this year and remains open weekly at South Yardley Methodist Church in response to an unprecedented need supporting families and individuals who struggle to pay their bills to gain access to affordable healthy food. Over the last year, Hobmoor provided ten weeks of holiday provision, tackling Holiday Hunger and inactivity in Young People with a total number of 4693 attendances who all were able to have a hot meal also. The Oasis Lionhearts’ Football Club has continued to develop over the year and now have 5 teams and 114 players in total. Some of the community projects that were on offer were the Living rooms project, the Adult Education courses, support and guidance sessions and Young People’s activities.
## **Oasis Community Hub Lister Park (Bradford)**
Lister Park’s work within the Community Hub is based on community need as well as utilising local resources including strong partnership working, youth social action and growing a fabulous team of volunteers. Through partnerships with Bradford Youth Development Partnership (BYDP), the Hub have been running a Peer Mentoring programme. The Hub have also been developing their work with the local Youth Ambassadors to allow these local young people to have a platform to voice challenges that they face and come up with creative solutions to tackle these issues. This year, Lister Park launched their Living room project in response to the ‘cost-of-living’ crisis which proved to be success.
## **Oasis Community Hub Mayfield (Southampton)**
The Hub community pantry has been running for 18 months and now has over 200 members feeding over 100 families weekly. The Hub has had an ongoing partnership with the Big Difference to reduce food waste. This food scheme has enabled people to have ownership and “buy in” by being members
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**OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
of not only the community pantry but the wider Oasis community. Through HAF funding, holiday activities were provided during Easter, Summer & half-term holidays. The Hub has also brought in a ‘Cooking at Home’ project to allow families to receive a weekly box of fresh ingredients and recipes. Youth Work activities included detached youth work using the funded youth van, a Saturday youth club, children’s party packages and grief and loss courses. Since launching the Prom Dress Hire scheme in 2022, to help families with the expenses of prom, Mayfield have now got over 250 prom dresses and suits.
## **Oasis Community Hub Media City (Manchester)**
2022/2023 saw an increase in Hub engagement and 430 individuals attended 4,624 times throughout the year. An additional 2,621 people attended our 75 events, with over 1,500 meals provided to the community. The youth work programmes includes outreach community projects giving disadvantaged young people opportunities to engage in activities such as sports, creative arts, music projects and cooking skills. PlaySpace is a weekly, term-time stay and play session on Thursday mornings in the community hub for babies to pre-school aged children. In 2022/23, the Hub were also able to develop their advice and support work locally providing emergency hardship support, family support and food provision. The MediaCityUK weekly food store giving local community member access to affordable food. The hub team continue to work in partnership with the United Reformed Church to resource the Church and Community Projects.
## **Oasis Community Hub North Bristol**
Over the year, the Hub have maintained their community provision and the local youth and community team have continued their excellent work with young people and families. A real strength of the team is responding quickly to local challenges and need, particularly in relation to young people’s mental health. The Hub’s main focus this year was on school attendance and working alongside Oasis Academy Brightstowe, they developed an Emotions Based School Avoidance Programme (EBSA) working with 12 students providing support packages to support the students back into school. A key element of 2022/23 was the Hub’s detached youth-work which help with engaging people in their local communities and thanks to People’s Health Trust, North Bristol have now started and grown three community led projects; the Community Food Pantry, the Community Shop and Hill Top Tots toddler group.
## **Oasis Community Hub Short Heath (Birmingham)**
The Hub has contributed positively to the life of the local community in a number of ways. These include the Hub house which is open three times a week for drop-in activities, Stay and Play, cosy coats, holiday activities, volunteering opportunities, and Christmas hampers. In the coming year, there are hopes of increasing Hub projects to serve the Short Heath Hub community.
## **Oasis Community Hub South Bristol**
During this year, their work has focused around the communities of Knowle West and Brislington. Following the pandemic, the Hub has been working with families and community members to offer support, advice and guidance around food, money and improving mental health. Food Poverty remained a main cause of deprivation in the community and food hampers have been delivered through the Food Club over the past two years. The Hub has also launched their Living Rooms initiative in November 2022 in response to the cost of living crisis and have been able to run family cooking sessions. HAF funding allowed the team to run seven full weeks of activities during the holidays where children and their families could attend trips and get a free lunch.
## **Oasis Community Hub Warndon (Worcester)**
The Hub has many supporters including committed volunteers and project partners who have helped form a strong movement. Key projects include open house drop-in support groups offering free
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**OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
breakfast, family support providing 1-1 advice support and signposting and holiday activities supported through HAF funding. Warndon have also launched food programmes to help with food insecurity within the local area, health and wellbeing sessions for adults and children and training and education-based programmes in partnership with the Worcestershire County Council. This has been particularly encouraging to see as the teamwork towards growing a local movement as it appears to be evolving very organically as more local people invite others to support or take part in community Hub life.
## **Oasis Community Hub Wintringham (Grimsby)**
Through partnerships the Hub were able to provide free breakfast again this year the students at the primary academy, as well as keep the food pantry open two days a week. A free food scheme was also launched as part of their community zero waste projects which provides fresh goods such as bread, fruit, veg to the community. The Hub provides an open access youth facility and holiday provision from children aged 8-16 providing Mentoring, Pop up Boxing, Cycle Maintenance, Discos and youth club provisions. The Hub’s family support provisions offers stay and play, baby massage, Holiday activities, First Aid training sessions, Makaton family link nurture programmes. Partnership with local organisation has allowed for Employment, Benefit checks, and housing support to run through the Hub.
## **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 2022/23 we have set up two new Oasis Hub charities; Isle of Sheppey (Kent) and Firvale (Sheffield), and we look forward to supporting them as they develop community work.
Our four main priorities for the year are;
**Integration** . How Oasis Community Partnerships can support being more integrated within the Oasis family (e.g clarifying attendance strategy, developing restorative approach) and within our communities (through Oasis 360 mentoring development and partnerships).
**Flourishing** . Supporting Oasis Community Partnerships staff, volunteers, Hub councils and community members in their development through the lens of the Oasis ethos and 9 habits.
**Systems and Policy** . Reviewing the current approaches across hub charities and making them as efficient as possible.
**Sustainability** . Reviewing the current funding model across Hub charities, seeking to diversify income sources and both multi-year and multilocation funding pots.
## **FINANCIAL REVIEW**
Income for the OCP group is **£5,350,863** , (2022: £4,523,412) and has been generated by a combination of donations and grants **£798,058,** (2022: £397,950), charitable activities **£4,335,512,** (2022: £3,903,476) and other income of **£217,293,** (2022: £221,986).
Expenditure for the group is **£4,848,026** (2022: £4,373,831), giving an overall surplus of **£502,837** (2022: £149,581). Total funds at year-end are **£3,001,513** (2022: £2,498,676), comprising unrestricted **£656,627** (2022: £633,824), designated **£373,283** (2022: £346,519) and restricted funds of **£1,971,603** (2022: £1,518,333).
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**OASIS COMMUNITY PARTNERSHIPS**
## **DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
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 purposes of supporting children and youth services within the Croydon region. The activities of Mulberry Bush (Coulsdon) Ltd transferred to Oasis Community Learning from 1 September 2023. 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 cost-of-living crisis. 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, 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.
## **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 £1.21m (2022: £1.09m). At the balance sheet date, the charity held total funds of £3,002k (2022: £2,499k). At the end of August 2023 £1,971k (2022: £1,518k) 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 2023 are £656k (2022: £634k) and designated funds are £373k (2022: £347k).
## **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.
Page | 11
**OASIS COMMUNITY PARTNERSHIPS DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
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 the cost of living crisis and are confident that each hub has satisfactory plans and procedures in place to address the impact this has across the many projects. The directors are satisfied that systems 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.
Page | 12
**OASIS COMMUNITY PARTNERSHIPS**
## **DIRECTORS’ REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
In preparing these financial statements, the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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.
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.
This annual report of the Directors under the Charities Act 2011 and Companies Act 2006 was approved by the Board on 12 April 2024, 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 2023 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:
- give a true and fair view of the state of the Group’s and of the Parent Charitable Company’s affairs as at 31 August 2023 and of the Group’s incoming resources and application of resources for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **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:
- the information given in the Directors’ Report, which includes the Strategic Report prepared for the purposes of Company Law and the Trustees’ Report prepared for the purposes of Charity Law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Directors’ Report and Strategic Report, which includes the Trustees’ report, have been prepared in accordance with applicable legal requirements.
## **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:
- adequate accounting records have not been kept by the Parent Charitable Company, or returns adequate for our audit have not been received from branches not visited by us; or
- the Parent Charitable Company financial statements are not in agreement with the accounting records and returns; or
-
-
- certain disclosures of Directors’ remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
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:
- discussions with management, including considerations of known or suspected instances of noncompliance with laws and regulations and fraud;
- evaluation of the operating effectiveness of management's controls designed to prevent and detect irregularities;
- identifying and testing journal entries.
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 LLP, Statutory Auditor Mercer & Hole LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006
21 Lombard Street London EC3V 9AH
Date: 12 April 2024
Page | 17
## **OASIS COMMUNITY PARTNERSHIPS**
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES**
## **(Incorporating a Consolidated Income & Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2023**
|**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 2022**
**At 31 August 2023**|**Unrestricted**
**funds**
**£**
**430,462**
**924,185**
**214,453**
**1,569,100**
**1,565,373**
**1,565,373**
**3,727**
**19,076**
**22,803**
_633,824_
**656,627**|**Designated**
**funds**
**£**
**-**
**389,627**
**-**
**389,627**
**572,307**
**572,307**
**(182,680)**
**209,444**
**26,764**
_346,519_
**373,283**|**Restricted**
**funds**
**£**
**367,596**
**3,021,700**
**2,840**
**3,392,136**
**2,710,346**
**2,710,346**
**681,790**
**(228,520)**
**453,270**
_1,518,333_
**1,971,603**|**Total**
**2023**
**£**
**798,058**
**4,335,512**
**217,293**
**5,350,863**
**4,848,026**
**4,848,026**
**502,837**
**-**
**502,837**
_2,498,676_
**3,001,513**|_Total_
_2022_
_£_
_397,950_
_3,903,476_
_221,986_|
|---|---|---|---|---|---|
||||||_4,523,412_|
||||||_4,373,831_|
||||||_4,373,831_|
||||||_149,581_
_-_|
||||||_149,581_
_2,349,095_|
||||||_2,498,676_|
**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 2023**
|**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
15
Designated
15
Restricted funds
16|**2023**
**£**
**£**
**9,035**
**594,644**
**2,730,801**
**3,325,445**
**(332,967)**
**2,992,478**
**3,001,513**
**3,001,513**
**656,627**
**373,283**
**1,029,910**
**1,971,603**
**3,001,513**|**2023**
**£**
**£**
**9,035**
**594,644**
**2,730,801**
**3,325,445**
**(332,967)**
**2,992,478**
**3,001,513**
**3,001,513**
**656,627**
**373,283**
**1,029,910**
**1,971,603**
**3,001,513**|2022
£
_£_
_11,375_
_593,494_
_2,304,789_
_2,898,283_
_(410,982)_
_2,487,301_
_2,498,676_
_2,498,676_
_633,824_
_346,519_
_980,343_
_1,518,333_
_2,498,676_|2022
£
_£_
_11,375_
_593,494_
_2,304,789_
_2,898,283_
_(410,982)_
_2,487,301_
_2,498,676_
_2,498,676_
_633,824_
_346,519_
_980,343_
_1,518,333_
_2,498,676_|
|---|---|---|---|---|
||**3,325,445**
**(332,967)**||_2,898,283_
_(410,982)_||
||||||
|||**3,001,513**||_2,498,676_|
|||**3,001,513**||_2,498,676_|
|||**656,627**
**373,283**||_633,824_
_346,519_|
|||**1,029,910**
**1,971,603**||_980,343_
_1,518,333_|
|||**3,001,513**||_2,498,676_|
The financial statements were approved by the Board on 12 April 2024.
**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 2023**
|**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
15
Designated
15
Restricted funds
16|**2023**
**£**
**£**
**238,055**
**362,962**
**601,017**
**(79,603)**
**521,414**
**172,872**
**296,067**
**468,939**
**52,475**
**521,414**|**2023**
**£**
**£**
**238,055**
**362,962**
**601,017**
**(79,603)**
**521,414**
**172,872**
**296,067**
**468,939**
**52,475**
**521,414**|2022
£
_£_
_84,533_
_363,018_
_447,551_
_(67,438)_
_380,113_
_137,021_
_243,092_
_380,113_
_-_
_380,113_|2022
£
_£_
_84,533_
_363,018_
_447,551_
_(67,438)_
_380,113_
_137,021_
_243,092_
_380,113_
_-_
_380,113_|
|---|---|---|---|---|
||**601,017**
**(79,603)**||_447,551_
_(67,438)_||
||||||
|||**172,872**
**296,067**||_137,021_
_243,092_|
|||**468,939**
**52,475**||_380,113_
_-_|
|||**521,414**||_380,113_|
The surplus for the financial year in the financial statements of the parent charity is £141,301 (2022: £46,639).
The financial statements were approved by the Board on 12 April 2024.
## **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 2023**
||||**2023**|_2022_|
|---|---|---|---|---|
||||**£**|_£_|
|**Reconciliation of changes in resources to net inflow**|||||
|**from operating activities**|||||
|Net income for the year|||**502,837**|_149,581_|
|_Reconciliation to cash generated from operations:_|||||
|Depreciation|||**2,340**|_3,668_|
|Increase in debtors|||**(1,150)**|_(21,968)_|
|(Decrease)/increase in creditors|||**(78,015)**|_167,184_|
|**Net cash provided by operating activities**|||**426,012**|_298,465_|
|**Cash flows from investing activities**|||**-**|_(13,000)_|
|**Cash flow statement**|||||
|Net cash provided by operating activities|||**426,012**|_298,465_|
|Net cash (used in) investment activities|||**-**|_(13,000)_|
|**Net increase in cash in the year**|||**426,012**|_285,465_|
|**Reconciliation of net cash flow movements to net funds**|||||
|Opening cash|||**2,304,789**|_2,019,324_|
|Net increase in cash in the year|||**426,012**|_285,465_|
|**At 31 August 2023**|||**2,730,801**|_2,304,789_|
|Consisting of:|||||
|Cash at bank and in hand|||**2,730,801**|_2,304,789_|
||||**2,730,801**|_2,304,789_|
|**Analysis of changes in net debt:**|||||
||**1 September**|**Cash**|**Non-cash**|**31 August**|
||**2022**|**flows**|**movement**|**2023**|
||**£**|**£**|**£**|**£**|
|Cash and cash equivalents|_2,304,789_|**426,012**|**-**|**2,730,801**|
**The notes on pages 23 to 40 form an integral part of these financial statements**
Page | 21
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **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 2023. 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. 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**_
- General funds are unrestricted funds which are available for use at the discretion of the directors in the furtherance of the charitable objectives of the group and which have not been designated for other purposes.
- Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors and grant awarding bodies. The aim and use of each restricted fund is set out in note 15. It is the group’s policy to use restricted funds before unrestricted funds where they are available and if the expenditure is within the funds specific restrictions.
- Designated funds are funds which are set aside for a set purpose. The designated funds are for hub leader salaries, OCP employer costs and the funds from Mulberry Bush which is designated to be spent on children and youth services within Croydon.
Page | 22
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **ACCOUNTING POLICIES (Continued)**
## _**Income**_
Income includes the total receivable by the group from all its activities as follows:
- Donations are included when received. Legacies are included in the year when entitlement is established and the value can be measured reliably.
- Grants receivable, including those from Government and other public authorities, are included when entitlement, certainty and measurement have been established. Income from fees is accounted for in the period to which the service is provided.
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, Oasis Community Hub: Blakenhale, Oasis Community Hub: Warndon and Oasis Community Hub: Short Heath.
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.
Furniture, equipment & motor
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 2023**
## **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 2023**
## **2. DONATIONS AND GIFTS**
|Donations and gifts|**Unrestricted**
**funds**
**£**
**430,462**
**430,462**|**Designated**
**funds**
**£**
**-**
**-**|**Restricted**
**funds**
**£**
**367,596**
**367,596**|**Total**
**2023**
**£**
**798,058**
**798,058**|_Total_
_2022_
_£_
_397,950_
_397,950_|
|---|---|---|---|---|---|
## **3. INCOME FROM CHARITABLE ACTIVITIES**
|Fees
Operation of farm
SLA income
Grant income
Other goods and services|**Unrestricted**
**funds**
**£**
**-**
**164,274**
**318,426**
**337,446**
**104,039**
**924,185**|**Designated**
**funds**
**£**
**189,349**
**-**
**50,349**
**149,126**
**803**
**389,627**|**Restricted**
**funds**
**£**
**-**
**-**
**49,799**
**2,765,757**
**206,144**
**3,021,700**|**Total**
**2023**
**£**
**189,349**
**164,274**
**418,574**
**3,252,329**
**310,986**
**4,335,512**|_Total_
_2022_
_£_
_215,662_
118,481
_274,495_
2,538,002
_756,836_
3,903,476|
|---|---|---|---|---|---|
## **4. OTHER TRADING INCOME**
|Rent and associated income
Coffee shop sales|**Unrestricted**
**funds**
**£**
**214,453**
**-**
**214,453**|**Designated**
**funds**
**£**
**-**
**-**
**-**|**Restricted**
**funds**
**£**
**2,840**
**-**
**2,840**|**Total**
**2023**
**£**
**217,293**
**-**
**217,293**|_Total_
_2022_
_£_
191,028
_30,958_
_221,986_|
|---|---|---|---|---|---|
Page | 25
## **OASIS COMMUNITY PARTNERSHIPS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
|**5.**
**DIRECT CHARITABLE EXPENDITURE**
**Unrestricted**
**funds**
**£**
OCP
**99,442**
Oasis Community Hub North Bristol
**40,122**
Oasis Community Hub Hadley
**74,329**
Oasis Community Hub Foundry & Boulton
**12,006**
Oasis Community Hub Hobmoor
**56,513**
Oasis Community Hub South Bristol
**12,874**
Oasis Community Hub MediaCityUK
**5,892**
Oasis Community Hub Mayfield
**18,871**
Oasis Community Hub Waterloo
**670,467**
Oasis Community Hub Wintringham
**28,634**
Oasis Community Hub Henderson Ave
**55,852**
Oasis Community Hub Ashburton Park
**31,002**
Oasis Community Hub Oldham
**53,360**
Oasis Lords Hill
**217,093**
Oasis Trading UK Ltd
**-**
Mulberry Bush
**-**
Oasis Community Hub Bath
**138,663**
Oasis Community Hub Blakenhale
**38,236**
Oasis Community Hub Lister Park
**2,780**
Oasis Community Hub Short Heath
**680**
Oasis Community Hub Warndon
**8,557**
**1,565,373**|**Designated**
**funds**
**£**
**217,818**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**354,489**
**-**
**-**
**-**
**-**
**-**
**572,307**|**Restricted**
**funds**
**£**
**186,426**
**91,690**
**594,395**
**59,136**
**155,749**
**51,307**
**74,156**
**48,178**
**570,331**
**116,239**
**107,359**
**-**
**502,626**
**7,648**
**-**
**-**
**81,922**
**18,790**
**3,852**
**-**
**40,541**
**2,710,345**|**Total**
**2023**
**£**
**503,686**
**131,812**
**668,724**
**71,142**
**212,262**
**64,181**
**80,048**
**67,049**
**1,240,798**
**144,873**
**163,211**
**31,002**
**555,986**
**224,741**
**-**
**354,489**
**220,585**
**57,026**
**6,632**
**680**
**49,098**
**4,848,025**|_Total_
_2022_
_£_
278,713
124,917
607,031
52,832
193,320
40,092
72,397
30,493
1,391,325
93,173
157,081
38,662
469,522
200,246
21,530
367,037
169,658
21,219
11,798
498
32,287
4,373,831|
|---|---|---|---|---|
Page | 26
## **OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **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) £**
234,820
94,540
479,202
37,736
69,776
-
57,177
8,853
774,848
66,116
94,969
-
408,318
126,211
-
259,134
116,882
37,491
-
-
37,048
**2,903,121**|**Other**
**direct**
**costs**
**£**
238,016
21,787
181,882
24,992
116,762
61,942
19,684
54,352
348,302
72,196
45,592
30,033
137,897
80,422
-
59,004
56,933
17,206
5,152
195
10,285
**1,582,635**|**Premises**
**costs**
**£**
9,034
13,125
-
-
22,391
972
-
2,314
74,651
3,390
18,695
-
953
10,810
-
26,306
25,613
1,091
-
-
195
**209,540**|**Support**
**costs**
**£**
10,224
2,060
3,660
8,114
3,033
967
2,852
1,230
37,535
2,871
3,655
669
4,338
3,848
-
6,065
17,707
938
1,180
185
1,270
**112,401**|**Governance**
**costs**
**£**
11,592
300
3,980
300
300
300
335
300
5,462
300
300
300
4,480
3,450
-
3,980
3,450
300
300
300
300
**40,329**|
**Total**
**2023**
**£**
**503,686**
**131,812**
**668,724**
**71,142**
**212,262**
**64,181**
**80,048**
**67,049**
**1,240,798**
**144,873**
**163,211**
**31,002**
**555,986**
**224,741**
**-**
**354,489**
**220,585**
**57,026**
**6,632**
**680**
**49,098**
**4,848,026**|_Total_
_2022_
_£_
278,713
124,917
607,031
52,832
193,320
40,092
72,397
30,493
1,391,325
93,173
157,081
38,662
469,522
200,246
21,530
367,037
169,658
21,219
11,798
498
32,287
4,373,831|
|---|---|---|---|---|---|---|---|
Page | 27
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **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**
**£**
10,182
2,002
3,427
8,040
2,862
841
2,755
1,051
37,270
2,612
3,432
666
4,148
3,571
-
5,903
17,365
897
1,154
185
1,200
109,563|**Governance**
**£**
42
58
233
74
171
126
97
179
265
259
223
3
190
277
-
162
342
41
26
-
70
2,838|**Total**
**2023**
**£**
**10,224**
**2,060**
**3,660**
**8,114**
**3,033**
**967**
**2,852**
**1,230**
**37,535**
**2,871**
**3,655**
**669**
**4,338**
**3,848**
**-**
**6,065**
**17,707**
**938**
**1,180**
**185**
**1,270**
**112,401**|_Total_
_2022_
_£_
9,967
1,290
3,301
3,901
10,518
658
2,842
1,587
30,157
1,475
6,891
718
13,884
2,043
963
2,938
13,830
842
776
51
1,372
110,004|
|---|---|---|---|---|
|**6.**
**GOVERNANCE**
Auditor’s remuneration
Auditor’s remuneration (Subsidiaries)
Independent examination fees
Legal fees|**Total**
**2023**
**£**
**11,592**
**23,895**
**3,900**
**942**
**40,329**|_Total_
_2022_
_£_
_8,200_
_15,140_
3,575
_1,171_|
|---|---|---|
|||28,086|
Page | 28
**OASIS COMMUNITY PARTNERSHIPS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **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**
**2023 £**
**2,567,828**
**183,649**
**151,644**
**2,903,121**
**129**
**13**
**142**|**Company**
**2023 £**
**225,855**
**5,187**
**3,778**
**234,820**
**5**
**-**
**5**|_Group_
_2022 £_
_2,251,659_
167,199
140,770
2,559,628
_122_
11
133|_Company_
_2022 £_
145,434
_1,216_
_1,033_|
|---|---|---|---|---|
|||||147,683|
|||||_5_
-|
|||||_5_|
One employee received remuneration amounting to more than £60,000 per annum (including taxable benefits but excluding employers’ pension contributions) during the year ended 31 August 2023 (2022 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 £370,004 (2022: £382,525).
## **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 (2022: nil). The aggregate amount of donations made by directors to the group in 2022 amounted to £6,100 (2022: £6,100).
## **9. NET MOVEMENT IN FUNDS**
|**ET MOVEMENT IN FUNDS**|||
|---|---|---|
||**2023**|_2022_|
||**£**|_£_|
|Net movement in funds is arrived at after charging/(crediting):|||
|Depreciation of owned fixed assets|**2,340**|_3,668_|
|Auditor’s remuneration|||
|- Audit fees for this year|**39,387**|_26,915_|
|- Government grants|**595,617**|518,037|
Page | 29
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **10. TANGIBLE FIXED ASSETS**
|**Group**
**Cost**
At 1 September 2022
Additions
**At 31 August 2023**
**Depreciation**
At 1 September 2022
Charge for the year
**At 31 August 2023**
**Net book value**
_At 1 September 2022_
**At 31 August 2023**|**Building**
**Improvements**
**£**
_66,399_
-
**66,399**
_66,399_
-
**66,399**
_-_
**-**|**Furniture.**
**Equipment**
**and Motor**
**Vehicles**
**£**
_16,404_
-
**16,404**
_5,029_
2,340
**7,369**
_11,375_
**9,035**|**Total**
**£**
_82,803_
-|
|---|---|---|---|
||||**82,803**|
||||_71,428_
2,340|
||||**73,768**|
||||_11,375_|
||||**9,035**|
Oasis Community Partnerships does not hold any tangible assets, hence the company only balances at 31 August 2023 was nil (2022: £nil). All tangible assets are held by subsidiaries.
## **11. DEBTORS**
|Trade debtors
Prepayments and accrued income
Amounts owed by group undertakings|**Company**
**2023**
**£**
**15,030**
**-**
**223,025**
**238,055**|**Group**
_Company_
_Group_
**2023**
_2022_
_2022_
**£**
_£_
_£_
**328,389**
_15,939_
_593,494_
**214,840**
_-_
_-_
**51,415**
_68,594_
_-_
**594,644**
_84,533_
_593,494_|
|---|---|---|
Page | 30
## **OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **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 2022
Income deferred in the year
Amounts released from previous years
Deferred income at 31 August 2023|**Company**
**2023**
**£**
**-**
**13,511**
**51,744**
**14,348**
**79,603**
**Company**
**2023**
**£**
**12,715**
**-**
**(12,715)**
**-**|**Group**
**2023**
**£**
**-**
**177,605**
**51,744**
**103,618**
**332,967**
**Group**
**2023**
**£**
**255,427**
**103,618**
**(255,427)**
**103,618**|_Company_
_2022_
_£_
_2,074_
_7,746_
44,903
_12,715_
67,438
_Company_
_2022_
_£_
_-_
_12,715_
_-_
_12,715_|_Group_
_2022_
_£_
_9,520_
_101,132_
_44,903_
_255,427_|
|---|---|---|---|---|
|||||_410,982_|
|||||_Group_
_2022_
_£_
_-_
_255,427_
_-_|
|||||_255,427_|
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.
## **14. POST BALANCE SHEET NOTE**
On 1 September 2023 the activities of The Mulberry Bush (Coulsdon) Ltd nursery were transferred to Oasis Community Learning. The designated fund balance of this subsidiary will sit with Oasis Community Partnership from 1 September 2023.
Page | 31
**OASIS COMMUNITY PARTNERSHIPS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **15. UNRESTRICTED FUNDS**
|At 1 September
Net movement in unrestricted funds
Represented by:
Unrestricted Funds
Designated Funds
Total Unrestricted Funds 31 August|**Company**
**2023**
**£**
**380,113**
**88,826**
**468,939**
**172,872**
**296,067**
**468,939**|**Group**
**2023**
**£**
**980,343**
**49,567**
**1,029,910**
**656,627**
**373,283**
**1,029,910**|_Company_
_2022_
_£_
_333,474_
_46,639_
380,113
137,021
_243,092_
380,113|_Group_
_2022_
_£_
_848,819_
_131,524_|
|---|---|---|---|---|
|||||_980,343_
_633,824_
346,519|
|||||_980,343_|
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.
## **16. RESTRICTED FUNDS 2023 (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|_1 Sep_
_2022_
_£_
-
-
_73,208_
_443,251_
_53,490_
_94,154_
_65,862_
_-_
_84,334_
_7,648_
_39,488_
_450,860_
_25,522_
_18,395_
_64,012_
_12,803_
_16,367_
_-_
_40,084_
_28,855_
_1,518,333_|**Income**
**£**
**238,901**
**-**
**139,757**
**504,848**
**81,787**
**172,523**
**100,283**
**-**
**944,124**
**-**
**67,486**
**449,128**
**168,303**
**78,173**
**120,734**
**17,583**
**11,800**
**-**
**82,564**
**214,142**
**3,392,136**|**Expenditure**
**£**
**186,426**
**-**
**91,690**
**594,395**
**59,136**
**155,749**
**74,156**
**-**
**502,626**
**7,648**
**48,178**
**570,331**
**116,239**
**107,359**
**81,922**
**18,790**
**3,852**
**-**
**40,541**
**51,307**
**2,710,345**|**Transfers**
**£**
**-**
**-**
**(19,460)**
**(14,768)**
**(16,208)**
**(25,429)**
**(18,997)**
**-**
**(107,429)**
**-**
**-**
**38,000**
**(20,361)**
**-**
**-**
**(3,537)**
**(20,415)**
**-**
**(14,450)**
**(5,467)**
**(228,521)**|**31 Aug**
**2023**
**£**
**52,475**
**-**
**101,815**
**338,936**
**59,933**
**85,499**
**72,992**
**-**
**418,403**
**-**
**58,796**
**367,657**
**57,225**
**(10,791)**
**102,824**
**8,059**
**3,900**
**-**
**67,657**
**186,223**|
|---|---|---|---|---|---|
||||||**1,971,603**|
Page | 32
## **OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
Transfers above relate to the allocation of management charges from restricted projects.
- A description of the material restricted fund balances are:
- Oasis Community Hub: North Bristol: £60k of this fund is for the provision of a project working with youths on the Lawrence Weston Estate and £21k relates to the food pantry.
- Oasis Community Hub: Hadley: This hub delivers several projects and has various restricted funds for each of these projects. The larger projects are the youthwork provision, community programmes and work in Middlesex Hospital.
- Oasis Community Hub: Hobmoor: The restricted funds are to deliver a youthwork provision and community programmes.
- Oasis Community Hub: MediaCityUK: The restricted funds are to deliver youthwork and a youthclub and also a holiday provision.
- Oasis Community Hub: Oldham: The majority of restricted funding in Oldham relates to the Navigator and PAC (Parent/Carer) funding, aimed at supporting youths involved in knife crime.
- Oasis Community Hub: Waterloo: This hub is our most expansive and delivers several restricted projects within the Waterloo community including the Waterloo Food Bank and Debt Advice centre, projects relating to knife crime at St Thomas Hospital, a Diabetes project, and various community and family work.
- Oasis Community Hub: Bath has £102k of restricted funds, £70k relates to the food pantry project.
- • Oasis Community Hub: South Bristol is holding £186k of restricted funds, majority of which will be invested in a fund that the Hub Council will be involved in managing.
## **15. RESTRICTED FUNDS 2022 (Group and Company) Continued**
|**Company:**
OCP
**Group:**
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: Warndon
Oasis Community Hub: South
Bristol|_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_|**Income**
**£**
_139,201_
_105,210_
_668,846_
_91,580_
_156,960_
_47,525_
_-_
_447,651_
_16,345_
_52,410_
_737,326_
_72,193_
_88,114_
_85,914_
_20,014_
_16,178_
_58,911_
_62,529_
_2,866,907_|**Expenditure**
**£**
_(139,201)_
_(103,217)_
_(572,807)_
_(46,119)_
_(172,543)_
_(68,389)_
_(4,000)_
_(428,057)_
_(22,562)_
_(19,710)_
_(772,441)_
_(77,531)_
_(111,399)_
_(60,657)_
_(9,633)_
_(10,641)_
_(26,918)_
_(35,298)_
_(2,681,123)_|**Transfers**
**£**
_-_
_(6,456)_
_(22,958)_
_(12,212)_
_(25,487)_
_(13,311)_
_(11,871)_
_(38,377)_
_-_
_-_
_9,800_
_-_
_(16,511)_
_197_
_(2,968)_
_(12,119)_
_(15,834)_
_380_
_(167,727)_|**2022**
**£**
_-_
_73,208_
_443,251_
_53,490_
_94,154_
_65,862_
_-_
_84,334_
_7,648_
_39,488_
_450,860_
_25,522_
_18,395_
_64,012_
_12,803_
_16,367_
_40,084_
_28,855_|
|---|---|---|---|---|---|
||||||_1,518,333_|
Page | 33
## **OASIS COMMUNITY PARTNERSHIPS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **16. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2023 – GROUP**
|**Unrestricted**
**funds**
**2023**
**£**
Tangible fixed assets
**-**
Current assets
**799,268**
Current liabilities
**(142,641)**
**656,627**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
funds
2022
£
Tangible fixed assets
_-_
Current assets
_840,663_
Current liabilities
_(206,839)_
_633,824_
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**Unrestricted**
**funds**
**2023**
**£**
Current assets
**252,475**
Current liabilities
**(79,603)**
**172,872**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
funds
2022
£
Current assets
_204,459_
Current liabilities
_(67,438)_
_137,021_|**Unrestricted**
**funds**
**2023**
**£**
**-**
**799,268**
**(142,641)**|**Unrestricted**
**funds**
**2023**
**£**
**-**
**799,268**
**(142,641)**|**Unrestricted**
**funds**
**2023**
**£**
**-**
**799,268**
**(142,641)**|
**Designated**
**funds**
**2023**
**£**
**-**
**373,283**
**-**|
|---|---|---|---|---|
||**656,627**|||
**373,283**|
|||||**2022 - GROUP**
Designated
funds
2022
£
_-_
_349,129_
_(2,610)_|
|||_633,824_||
_346,519_|
||_137,021_|||_243,092_|
## **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 2023**
## **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.
|**2023**|**Total**|**Total**|**Net**|**Total**|**Total**|**Net**|
|---|---|---|---|---|---|---|
||**Income**|**Expenditure**|**Surplus/**|**Assets**|**Liabilities**|**Assets**|
||||**(Deficit)**||||
||**£**|**£**|**£**|**£**|**£**|**£**|
|The Mulberry Bush (Coulsdon) Limited (Co No.|||||||
|03902995, Charity No. 1084590)|328,279|354,489|(26,210)|84,172|(6,956)|77,216|
|Oasis Community Hub North Bristol (Co No.|||||||
|07237012, Charity No. 1136930)|177,904|151,272|26,632|105,662|(2,273)|103,389|
|Oasis Community Hub Henderson Avenue (Co|||||||
|No. 07237011, Charity No. 1137025)|128,897|164,657|(35,760)|13,994|(29,692)|(15,698)|
|Oasis Community Hub Hadley (Co No.|||||||
|07236762, Charity No. 1138871)|567,869|683,492|(115,623)|385,987|(31,228)|354,759|
|Oasis Community Hub Foundry & Boulton (Co|||||||
|No. 10581583, Charity No.1172915)|92,072|87,350|4,722|66,857|(4,630)|62,227|
|Oasis Community Hub Hobmoor (Co No.|||||||
|10615979, Charity No.1172925)|235,099|238,291|(3,192)|141,724|(28,718)|113,006|
|Oasis Community Hub South Bristol (Co No.|||||||
|07236795, Charity No. 1138870)|218,284|64,181|154,103|208,918|(15,017)|193,901|
|Oasis Community Hub MediaCityUK (Co No.|||||||
|07237013, Charity No. 1136924)|103,687|100,395|3,292|82,024|(7,998)|74,026|
|Oasis Community Hub Mayfield (Co No.|||||||
|07237014, Charity No. 1138867)|89,081|72,251|16,830|73,020|(4,987)|68,033|
|Oasis Community Hub: Oldham (Co No.|||||||
|07356565, Charity No. 1138862)|990,038|663,415|326,623|595,474|(175,405)|420,069|
|Oasis Community Hub: Ashburton Park (Co|||||||
|No. 07237600, Charity No. 1138901)|29,760|37,002|(7,242)|5,827|(1,410)|4,417|
|Oasis Community Hub Waterloo (Co No.|||||||
|07237305, Charity No. 1136965)|1,220,465|1,241,926|(21,461)|737,471|(79,174)|658,297|
|Oasis Community Hub Wintringham (Co No.|||||||
|07237722, Charity No. 1138869)|187,595|173,234|14,361|60,468|(1,169)|59,299|
|Oasis Lord’s Hill (Co No. 07236269, Charity|||||||
|No. 1138872|208,132|222,341|(14,209)|110,009|(14,795)|95,214|
|Oasis Community Hub Bath (Co No.|||||||
|07236345, Charity No. 1138904)|225,664|224,282|1,382|128,414|(7,897)|120,517|
|Oasis Community Hub Blakenhale (Co No.|||||||
|11946520, Charity No. 1183904)|62,719|61,431|1,288|22,180|(7,553)|14,627|
|Oasis Community Hub Lister Park (Co No.|||||||
|11218178, Charity No. 1181974)|16,828|27,047|(10,219)|21,877|(14,007)|7,870|
|Oasis Community Hub Short Heath (Co No.|||||||
|12242308, Charity No. 1186690)|98|680|(582)|1,174|(300)|874|
|Oasis Community Hub Warndon (Co No.|||||||
|12515168, Charity No. 1189489)|90,349|63,548|26,801|72,837|(4,328)|68,509|
Page | 35
## **OASIS COMMUNITY PARTNERSHIPS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
## **SUBSIDIARY SUMMARY (Continued)**
|**2022**|**Total**|**Total**|**Net**|**Total**|**Total**|**Net**|
|---|---|---|---|---|---|---|
||**Income**|**Expenditure**|**Surplus/**|**Assets**|**Liabilities**|**Assets**|
||||**(Deficit)**||||
||**£**|**£**|**£**|**£**|**£**|**£**|
|The Mulberry Bush (Coulsdon) Limited (Co No.|||||||
|03902995, Charity No. 1084590)|351,502|(367,037)|(15,535)|106,399|(2,973)|103,426|
|Oasis Community Hub North Bristol (Co No.|||||||
|07237012, Charity No. 1136930)|118,117|(131,373)|(13,256)|77,735|(978)|76,757|
|Oasis Community Hub Henderson Avenue (Co|||||||
|No. 07237011, Charity No. 1137025)|125,465|(171,081)|(45,616)|24,363|(4,301)|20,062|
|Oasis Community Hub Hadley (Co No.|||||||
|07236762, Charity No. 1138871)|706,919|(629,989)|76,930|537,396|(67,014)|470,382|
|Oasis Community Hub Foundry & Boulton (Co|||||||
|No. 10581583, Charity No.1172915)|99,801|(65,019)|34,782|62,875|(5,369)|57,506|
|Oasis Community Hub Hobmoor (Co No.|||||||
|10615979, Charity No.1172925)|186,417|(218,807)|(32,390)|129,492|(13,294)|116,198|
|Oasis Community Hub South Bristol (Co No.|||||||
|07236795, Charity No. 1138870)|72,633|(40,092)|32,541|44,239|(4,441)|39,798|
|Oasis Community Hub MediaCityUK (Co No.|||||||
|07237013, Charity No. 1136924)|56,204|(86,709)|(30,505)|71,878|(1,144)|70,734|
|Oasis Community Hub Mayfield (Co No.|||||||
|07237014, Charity No. 1138867)|70,388|(30,493)|39,895|41,140|(1,313)|39,827|
|Oasis Community Hub: Oldham (Co No.|||||||
|07356565, Charity No. 1138862)|489,408|(507,899)|(18,491)|258,492|(165,047)|93,445|
|Oasis Community Hub: Ashburton Park (Co|||||||
|No. 07237600, Charity No. 1138901)|26,979|(38,662)|(11,683)|19,768|(8,109)|11,659|
|Oasis Community Hub Waterloo (Co No.|||||||
|07237305, Charity No. 1136965)|1,403,601|(1,393,768)|9,833|799,432|(119,674)|679,758|
|Oasis Community Hub Wintringham (Co No.|||||||
|07237722, Charity No. 1138869)|102,050|(100,673)|1,377|45,309|(821)|44,488|
|Oasis Lord’s Hill (Co No. 07236269, Charity|||||||
|No. 1138872|204,860|(201,596)|3,264|122,493|(13,071)|109,422|
|Oasis UK Trading Ltd (Co No. 05857759)|30,958|(21,530)|9,428|10,032|(10,032)|-|
|Oasis Community Hub Bath (Co No.|||||||
|07236345, Charity No. 1138904)|214,755|(170,222)|44,533|103,065|(3,930)|99,135|
|Oasis Community Hub Blakenhale (Co No.|||||||
|11946520, Charity No. 1183904)|28,659|(21,219)|7,440|14,888|(1,550)|13,338|
|Oasis Community Hub Lister Park (Co No.|||||||
|11218178, Charity No. 1181974)|18,650|(23,917)|(5,267)|18,363|(275)|18,088|
|Oasis Community Hub Short Heath (Co No.|||||||
|12242308, Charity No. 1186690)|372|(498)|(126)|1,731|(275)|1,456|
|Oasis Community Hub Warndon (Co No.|||||||
|12515168, Charity No. 1189489)|66,329|(50,541)|15,788|44,819|(3,110)|41,709|
Page | 36
## **OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **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: Blakenhale Oasis Community Hub: Fir Vale Oasis Community Hub: Foundry & Boulton Oasis Community Hub: Henderson Avenue Oasis Community Hub: Hobmoor Oasis Community Hub: Isle of Sheppey Oasis Community Hub: Lister Park Oasis Community Hub: Mayfield Oasis Community Hub: MediaCityUK Oasis Community Hub: North Bristol 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:
- At the year-end a balance of £51,415 (2022: £68,594) was owed to OCP from group companies: `o` £nil was owed from Hub subsidiary companies (2022: £68,594) `o` £22,636 was owed from OCL (2022: £nil) `o` £28,779 was owed from OCT (2022: £nil)
- At the year-end a balance of £nil (2022: £9,520) was owed by OCP to group companies:
- £nil was owed by OCP to OCT (2022: £2,074)
- £nil was owed to Hub subsidiaries companies (2022: £nil)
- £nil was owed to OCL (2022: £7,446)
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 £270,581 (2022: £240,514). There were no other related party transactions.
Page | 37
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **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:
- To ensure that the national group of organisations is governed well and in accordance with Oasis theology and ethos
- To maintain the cohesion of the family of Oasis organisations in the UK by ensuring that the Oasis vision, mission, and ethos is understood and implemented across the group of organisations
- To lead the integration of work across the subsidiaries and to grow and develop Oasis Hubs – the Oasis model of community transformation
- To promote the corporate message of Oasis
## **22. FINANCIAL INSTRUMENTS**
At the balance sheet date the group held financial assets at amortised cost of £3,325,445 (2022: £2,898,283). Financial assets at fair value through income or expenditure of £nil (2022: £nil) and financial liabilities at amortised cost of £332,967 (2022: £410,982).
Page | 38
**OASIS COMMUNITY PARTNERSHIPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **23** . **STATEMENT OF FINANCIAL ACTIVITIES – COMPARATIVES**
|**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 2021**
**At 31 August 2022**|**Unrestricted**
**funds**
**£**
**228,138**
**875,975**
**200,890**
**1,305,003**
**1,240,486**
**1,240,486**
**64,517**
**32,790**
**97,307**
_536,517_
**633,824**|**Designated**
**funds**
**£**
**-**
**351,502**
**-**
**351,502**
**452,222**
**452,222**
**(100,720)**
**134,937**
**34,217**
_312,302_
**346,519**|**Restricted**
**funds**
**£**
**169,812**
**2,675,999**
**21,096**
**2,866,907**
**2,681,123**
**2,681,123**
**185,784**
**(167,727)**
**18,057**
_1,500,276_
**1,518,333**|**Total**
**2022**
**£**
**397,950**
**3,903,476**
**221,986**|
|---|---|---|---|---|
|||||**4,523,412**|
|||||**4,373,831**|
|||||**4,373,831**|
|||||**149,581**
**-**|
|||||**149,581**
_2,349,095_|
|||||**2,498,676**|
Page | 39