Oxford Hub
Report and Unaudited Financial statements for the year ended 31 July 2025 Registered Charity Number: 1180505
Oxford Hub Charity Number: 1180505
OXFORD HUB Reference and administrative details
Trustees:
Lynn Featherstone – Chair Jack Wands – Treasurer Cidalia Gray Rebecca Vallins Amelia Papworth Lorna DuBose Martin Cattermole Rosalind Mary Goates - Resigned 14 March 2025
Registered Office and Principal Address:
36 Little Clarendon Street Oxford OX1 2HU
Chief executive officer:
Amy Lockwood – To 1 November 2024 Suzy Donald - Interim CEO 1 November to 30 November 2024 Alice Copping – Co-CEO – From 1 December 2024 Rebekah Sammut – Co-CEO – From 1 December 2024
Bankers:
Lloyds Bank Plc Lewisham PO Box 1000 BX1 1LT
Flagstone 1[st] Floor, Clareville House 26-27 Oxenden Street London SW1Y 4EL
Independent examiners:
Godfrey Wilson Limited Chartered accountants and statutory auditors 5[th] Floor Mariner House 62 Prince Street Bristol BS1 4QD
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Charity Number: 1180505
Oxford Hub
TRUSTEE REPORT:
The Trustees present their annual report and financial statements for the year ended 31 July 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice 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).
Objects:
Oxford Hub is a Charitable Incorporated Organisation – registered 31 October 2018 and amended on 28 June 2022.
Oxford Hub is an established local charity that has been working to tackle inequality in Oxford since 2011. Through volunteering programmes and collaborative community projects, we support people to bring about positive change for themselves and their communities.
Our vision:
Everyone in Oxford has the opportunity to achieve their full potential in life. Our mission:
To support, equip and empower people to tackle inequalities of health, education, and opportunity with a focus on where the need and opportunity to have influence is greatest.
The trustees have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011.
Activities and achievements:
Oxford is frequently cited as the 2[nd] most unequal city in the UK. If you drive 6 miles from Windale Community Hub in Northfield Brook, East Oxford to North Oxford, there is an increase in life expectancy of up to 15-years, highlighting the stark contrasts of inequality across Oxford City where we focus our work. As such, we continue to strengthen the capacity of local communities to support one another. Our work lays the foundations for long-term, place-based solutions that address root causes of disadvantage and create lasting change.
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Oxford Hub Charity Number: 1180505
This year marks a new chapter with the appointment of our new Joint CEOs Alice Copping and Rebekah Sammut, who bring fresh energy, a wealth of experience from across the voluntary and community sector and deep commitment to community-led impact. Since joining in December 2024, they have provided steady, strategic leadership—strengthening Oxford Hub from within while actively listening and reconnecting across communities. Further strengthening relationships across the Leys and into OX1, engaging partners and residents to understand lived experience, local assets, and systemic challenges.
Highlights from this past year include:
● Community volunteering
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Big Brothers Big Sisters – a project supporting children aged 7-11 years old to thrive through long-term mentoring. This project continued to grow, reaching more young people with complex family situations and social challenges. 100% of participating children say their Big Sibling (volunteer mentor) helps them feel confident, safe and believe in themselves.
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Schools Plus – The number of volunteer tutoring matches increased by 48% over the year. 79% of the children who received tutoring demonstrated increased confidence and educational attainment.
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Twinning – we maintained matches between 10 university colleges and 10 local primary schools across the city bringing enrichment activities to 1,568 young people this year.
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Scholar – over the past year, 195 students and staff from Oxford University were involved in volunteer placements, helping to strengthen local communities. 67% felt more connected with their local community.
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Fellow – working with local partners, volunteer tutors have delivered over 1,600 hours of free English language tuition - providing structure and social opportunities to practice and improve language skills.
● Community organising
- Windale Community Hub – The past year has cemented the space as a place for residents centred in Northfield Brook to access vital services. This includes the Food Larder, Food Bank and clothing bank together with social activities such as Puzzles and Games and Stay and Play and learning activities such as ‘Navigating the Teen Years’ delivered in partnership with Abingdon and Witney College.
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Oxford Hub
Charity Number: 1180505
● Community opportunities
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Social Prescribing – over 145 people received support from our team, helping those living with obesity, high blood pressure, diabetes, mental health challenges or caring responsibilities with community-based, nonmedical support.
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Participatory Grant Making (PGM) – building on our established model, we successfully piloted a youth PGM programme empowering young people in The Leys to become drivers of local change and supporting them to make 21 microgrants of £500.
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Leys Engine – working in partnership with BLAP, Leys CDI, Dovecote, the City Council, River Learning Trust and Oxford University, we have project managed and co-produced a website to promote local activities and community groups. A great example of our work to advocate for and incubate community initiatives and networking between local and strategic partners.
● Community Advocacy
- Parent Power – with 3 local parent advocates and a small team of volunteers, Parent Power has engaged 50 local parents in one-to-one support and over 300 people through events and learning activities. 82% have said they feel more self-confident and better able to cope with day-to-day parenting as a result of our work.
Plans for the Future:
2025–2026 will be a year of focus and alignment, as we lay the groundwork for Oxford Hub’s long-term future. While our work has always spanned youth, health, and community, this year marks a deliberate move to centre these three pillars— bringing clarity to our projects and coherence to our impact. We’re preparing to launch an ambitious new strategy in 2026–2027 that will strengthen our foundations and deepen our reach.
We will continue to tackle inequality head-on—supporting young people through tutoring, improving wellbeing through social prescribing, and amplifying local voices to strengthen community life. Volunteering runs through it all, creating space for connection, leadership, and lasting change. Together, these strands build a foundation where people can thrive, and where young people are supported to grow, contribute, and belong.
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Oxford Hub Charity Number: 1180505
Financial Review:
Oxford Hub raises funds from a wide range of sources with our principal funders in 2024-2025 being Lankelly Chase, South East Oxford Health Alliance, Oxford University, The Emmanuel Kaye Foundation, Singer Foundation, The William Wates Memorial Trust and BBC Children in Need.
At the end of the year our reserves amounted to £422,175 (2024: £462,475) of which £66,730 (2024: £146,781) is restricted and £355,445 (2024: £315,694) is unrestricted. Of this £136,467 has been designated for the purposes shown in note 16 of the accounts. With significant changes in our ecosystem, including the funding landscape, local need, health, education and SEN provision, and upcoming local authority devolution we are developing a new strategy to focus more keenly on meeting local need and delivering impact. As such the Trustees have specifically increased our designated Programme Development fund to enable us to develop existing and invest in new programmes that align with the new strategy.
Our total funds were represented by fixed assets of £6,467 (2024: £10,699) and net current assets of £415,708 (2024: £451,776 ) which included current short-term liabilities of £48,097 (2024: £42,154). As of 31 July 2025, the charity had no long term liabilities.
Oxford Hub trustees review the cashflow and level of reserves each quarter, and seek to maintain a minimum level of unrestricted reserves equivalent to 4 months spend. The trustees also review the budget plans should unrestricted reserves reach over 6 months spend. Trustees review this policy annually.
In 2024-2025, Oxford Hub’s target was to hold a minimum of £175,178 in unrestricted reserves which has been met.
Fundraising:
The Charity’s income from donations is shown in the financial statements, which also describes the restricted purposes where applicable. The Trustees are extremely grateful to all our donors who continue to support our work; helping us to tackle inequalities in local communities across Oxford City.
As we prepare to develop the long-term vision for Oxford Hub, we have deliberately made the decision to strengthen our financial foundations. By increasing reserves, we are investing in the staff, infrastructure and stability needed to deliver long-term
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Charity Number: 1180505
Oxford Hub
impact across youth, health and community programmes. This approach ensures we can grow sustainably, support our team and embed volunteering at the heart of everything we do.
With a number of multi-year fundraising relationships coming to a conclusion over the next couple of years we have deliberately invested in fundraising resources this year in the form of CEO time and a part time Fundraising Manager. Employing a Fundraising Manager is an essential part of the Oxford Hub’s development and sustainability - replacing and building new income streams and funding relationships.
Risk statement:
The Trustees confirm that they have reviewed and assessed the major risks to which the charity is exposed.
The Trustees and senior team identify the major risks to the charity across Finance, Governance, Operations and external risk. Key risks are placed on the Risk Register, mitigating actions put in place and reviewed regularly. New risks are raised when they arise, discussed at board meetings and incorporated into the organisations’ risk register.
The Trustees are satisfied that systems or procedures are in place to manage those risks in order to safeguard the charity's assets, beneficiaries, and reputation.
Governance and Management:
Oxford Hub is a Charitable incorporated Organisation registered with the Charity Commission on 31 October 2018. Charity number 1180505.
The charity trustees are the only voting members. The governing document of the charity is its constitution.
No trustees are involved in the day-to-day management of the charity.
The pay of the Chief Executive Officer is set by the trustees. The pay of other managers and staff is set by the Chief executive officer in consultation with trustees.
Statement of responsibilities of the trustees:
The Trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting
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Oxford Hub Charity Number: 1180505
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and accounting estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The Trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity have no liability to contribute to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
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Oxford Hub
Charity Number: 1180505
Independent Examiners
Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Approved by the trustees on 15 January 2026 and signed on their behalf by
Lynn Featherstone
Lynn Featherstone - Chair
J.Wands
Jack Wands - Treasurer
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Independent examiner's report
To the trustees of
Oxford Hub
I report to the trustees on my examination of the accounts of Oxford Hub (the CIO) for the year ended 31 July 2025, which are set out on pages 10 to 26.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Dougal Howard
Date: 15 January 2026 Dougal Howard ACA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
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Oxford Hub
Statement of financial activities
For the year ended 31 July 2025
| Note Income from: Donations and legacies 3 Charitable activities 4 Other trading activities Investments Total income Expenditure on: Raising funds Charitable activities Total expenditure 6 8 Reconciliation of funds: Total funds brought forward Total funds carried forward Net income / (expenditure) and net movement in funds |
Restricted Unrestricted £ £ 188,345 132,935 - 114,004 - - - 16,417 188,345 263,356 - 31,108 268,396 192,497 268,396 223,605 (80,051) 39,751 146,781 315,694 66,730 355,445 |
2025 Total £ 321,280 114,004 - 16,417 451,701 31,108 460,893 492,001 (40,300) 462,475 422,175 |
2024 Total £ 509,981 122,016 1,340 8,837 |
|---|---|---|---|
| 642,174 | |||
| 12,720 591,250 |
|||
| 603,970 | |||
| 38,204 424,271 |
|||
| 462,475 |
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.
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Oxford Hub
Balance sheet
As at 31 July 2025
| Note Fixed assets Tangible assets 11 Current assets Debtors 12 Current asset investments Cash at bank and in hand Liabilities Creditors: amounts falling due within 1 year 13 Net current assets Net assets 15 Funds 16 Restricted funds Unrestricted funds: Designated funds General funds Total charity funds |
£ 16,538 147,241 300,026 463,805 (48,097) |
2025 £ 6,467 415,708 422,175 66,730 136,467 218,978 422,175 |
2024 £ 10,699 37,251 199,508 257,171 |
|---|---|---|---|
| 493,930 (42,154) |
|||
| 451,776 | |||
| 462,475 | |||
| 146,781 80,699 234,995 |
|||
| 462,475 |
Approved by the trustees on 15 January 2026 and signed on their behalf by
Lynn Featherstone
Lynn Featherstone - Chair
J.Wands
Jack Wands - Treasurer
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Oxford Hub
Statement of cash flows
For the year ended 31 July 2025
| Cash used in operating activities: Net movement in funds Adjustments for: Depreciation charges Dividends, interest and rents from investments Decrease in debtors Increase / (decrease) in creditors Net cash (used in) / provided by operating activities Cash flows from investing activities: Dividends, interest and rents from investments Purchase of tangible fixed assets Net cash provided by investing activities (Decrease) / increase in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Cash and cash equivalents comprises: Current asset investments Cash at bank and in hand |
2025 £ (40,300) 5,238 (16,417) 20,713 5,943 (24,823) 16,417 (1,006) 15,411 (9,412) 456,679 447,267 147,241 300,026 447,267 |
2024 £ 38,204 4,003 (8,837) 5,087 (11,864) |
|---|---|---|
| 26,593 | ||
| 8,837 (5,583) |
||
| 3,254 | ||
| 29,847 426,832 |
||
| 456,679 | ||
| 199,508 257,171 |
||
| 456,679 |
The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
1. Accounting policies a) General information and basis of preparation
Oxford Hub is a Charitable Incorporated Organisation registered in England and Wales. The registered office address is 36 Little Clarendon Street, Oxford, OX1 2HU.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Oxford Hub meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
b) Going concern basis of accounting
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
c) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the recognised start date of grant award is deferred until criteria for income recognition are met.
d) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.
e) Funds accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
1. Accounting policies (continued)
f) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
g) Grants payable
Grants which have been authorised and paid are included as expenditure in the Statement of Financial Activities. Grants which have been authorised but not yet paid are accrued in the balance sheet and are included within creditors falling due within one year or after one year (as appropriate).
h) Allocation of support and governance costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of staff time as follows:
| 2025 | 2024 | |
|---|---|---|
| Raising funds | 7% | 2% |
| Charitable activities | 93% | 98% |
i) Tangible fixed assets
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:
Computer equipment 25% straight line
Items of equipment are capitalised where the purchase price exceeds £500.
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
k) Current asset investments
Current asset investments consist of balances held on deposit in interest bearing accounts. Such investments are measured at their fair value.
l) 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.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
1. Accounting policies (continued)
m) Creditors
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.
n) Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
o) Pension costs
The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.
p) Accounting estimates and key judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and 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 ongoing 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 both current and future periods.
There are no sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
2. Prior period comparatives: statement of financial activities
| Income from: Donations and legacies Charitable activities Other trading activities Investments Total income Expenditure on: Raising funds Charitable activities Total expenditure 3. Income from donations and legacies Trusts and foundations Public funding Central University General and community fundraising Individual donations Total income from donations and legacies Net income / (expenditure) and net movement in funds |
Restricted £ £ 295,156 214,825 - 122,016 - 1,340 - 8,837 295,156 347,018 - 12,720 327,552 263,698 327,552 276,418 (32,396) 70,600 Restricted £ £ 122,590 73,625 37,500 8,801 28,255 31,524 - 5,197 - 13,788 188,345 132,935 Unrestricted Unrestricted |
2024 Total £ 509,981 122,016 1,340 8,837 |
|---|---|---|
| 642,174 | ||
| 12,720 591,250 |
||
| 603,970 | ||
| 38,204 | ||
| 2025 Total £ 196,215 46,301 59,779 5,197 13,788 |
||
| 321,280 |
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
3. Income from donations and legacies (continued) Prior period comparative
| Trusts and foundations Public funding Central University General and community fundraising Individual donations Colleges and departments Total income from donations and legacies Income from charitable activities Services provided under contract Total income from charitable activities |
Restricted £ £ 213,952 172,217 49,009 9 32,195 31,116 - 1,915 - 7,568 - 2,000 295,156 214,825 2025 £ 114,004 114,004 Unrestricted |
2024 Total £ 386,169 49,018 63,311 1,915 7,568 2,000 |
|---|---|---|
| 509,981 | ||
| 2024 £ 122,016 |
||
| 122,016 |
4. Income from charitable activities
Income from charitable activities in the current and prior period was unrestricted.
5. Government grants
The charity receives government grants, defined as funding from Oxford City Council (2024: Oxford City Council and The National Lottery), to fund charitable activities. The total value of such grants in the period ending 31 July 2025 was £38,500 (2024: £48,999). There are no unfulfilled conditions or contingencies attaching to these grants in 2024/25.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
6. Total expenditure
| Total expenditure | ||||
|---|---|---|---|---|
| Staff costs (see note 9) Other staff costs Project costs Office and membership costs Operation costs Depreciation IE fees Governance Professional fees Communication and outreach costs Travel and accommodation Sub-total Allocation of support and governance costs Total expenditure |
Raising funds £ 26,591 - - - - - - - - - - 26,591 4,517 31,108 |
Charitable activities £ 341,682 - 17,483 34,588 3,808 5,238 - - - 46 - 402,845 58,048 460,893 |
Support and governance costs £ 49,345 6,048 - - - - 3,360 3,735 35 - 42 62,565 (62,565) - |
2025 Total £ 417,618 6,048 17,483 34,588 3,808 5,238 3,360 3,735 35 46 42 |
| 492,001 - |
||||
| 492,001 |
Total governance costs were £3,360 (2024: £3,240).
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
6. Total expenditure (continued) Prior period comparative
| Staff costs (see note 9) Other staff costs Project costs Office and membership costs Operation costs Depreciation IE fees Governance Professional fees Communication and outreach costs Travel and accommodation Sub-total Allocation of support and governance costs Total expenditure |
Raising funds £ 11,118 - - - - - - - - - - 11,118 1,602 12,720 |
Charitable activities £ 435,697 - 42,524 39,469 4,314 4,003 - - - 2,478 - 528,485 62,765 591,250 |
Support and governance costs £ 40,621 14,600 - - - - 3,240 1,416 3,862 - 628 64,367 (64,367) - |
2024 Total £ 487,436 14,600 42,524 39,469 4,314 4,003 3,240 1,416 3,862 2,478 628 |
|---|---|---|---|---|
| 603,970 - |
||||
| 603,970 |
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
7. Grant commitments
| Grant commitments brought forward Grants committed during the period Grants paid during the period Grant commitments carried forward Net movement in funds This is stated after charging: Operating lease payments Depreciation Trustees' remuneration Trustees' reimbursed expenses Independent examiner's remuneration: Independent examination (excluding VAT) |
2025 £ 7,000 - (7,000) - 2025 £ 8,991 5,238 Nil Nil 2,800 |
2024 £ 44,659 - (37,659) |
|---|---|---|
| 7,000 | ||
| 2024 £ 8,991 4,003 Nil 59 2,700 |
8. Net movement in funds This is stated after charging:
During the prior year one trustee was reimbursed for travel expenses.
9. Staff costs and numbers
Staff costs were as follows:
| Salaries and wages Social security costs Pension costs Freelancers |
2025 £ 358,433 20,896 16,479 21,810 417,618 |
2024 £ 423,886 32,801 19,528 11,221 |
|---|---|---|
| 487,436 |
No employee earned more than £60,000 during the current or prior year.
The key management personnel of the charity comprise the Trustees, Chief Executive Officers, Head of Community Development and Head of Community Participation (2024: Trustees, Chief Executive Officer, Deputy Chief Executive Officer, Head of Community Development and Head of Programmes). The total employee benefits of the key management personnel were £146,143 (2024: £157,029).
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
9. Staff costs and numbers (continued)
| Average head count | 2025 No. 18 |
2024 No. 18 |
|---|---|---|
10. Taxation
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
11. Tangible fixed assets
| Tangible fixed assets | ||
|---|---|---|
| Cost At 1 August 2024 Additions in year At 31 July 2025 Depreciation At 1 August 2024 Charge for the year At 31 July 2025 Net book value At 31 July 2025 At 31 July 2024 Debtors Trade debtors Prepayments Accrued income |
2025 £ 9,918 4,486 2,134 16,538 |
Total £ 24,314 1,006 |
| 25,320 | ||
| 13,615 5,238 |
||
| 18,853 | ||
| 6,467 | ||
| 10,699 | ||
| 2024 £ 24,473 2,954 9,824 |
||
| 37,251 |
12. Debtors
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
13. Creditors: amounts due within 1 year
| 13. Creditors: amounts due within 1 year | ||
|---|---|---|
| Trade creditors Accruals Grant commitments (see note 7) Other taxation and social security Deferred income (see note 14) Other creditors 14. Deferred income At 1 August Deferred during the period Released during the period At 31 July |
2025 £ 2,794 6,850 - 88 35,000 3,365 48,097 2025 £ 20,000 35,000 (20,000) 35,000 |
2024 £ 1,866 5,103 7,000 5,473 20,000 2,712 |
| 42,154 | ||
| 2024 £ - 20,000 - |
||
| 20,000 |
Deferred income relates to grant income received in advance funding staff salaries for a year from August 2025 .
15. Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Net assets at 31 July 2025 Prior year comparative Tangible fixed assets Current assets Current liabilities Net assets at 31 July 2024 |
£ - 102,587 (35,857) 66,730 £ - 173,781 (27,000) 146,781 Restricted funds Restricted funds |
Designated funds £ 6,467 130,000 - 136,467 Designated funds £ 10,699 70,000 - 80,699 |
£ - 231,218 (12,240) 218,978 £ - 250,149 (15,154) 234,995 General funds General funds |
Total funds £ 6,467 463,805 (48,097) |
|---|---|---|---|---|
| 422,175 | ||||
| Total funds £ 10,699 493,930 (42,154) |
||||
| 462,475 |
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
16. Movements in funds
| Movements in funds | |||||
|---|---|---|---|---|---|
| Restricted funds Big Brothers Big Sisters Community Impact Zone Fellow Marmalade Expenses Parent Power Participatory Grant Making Schools Plus Student Exec and Scholars Support Windale Community Hub Total restricted funds Designated funds Building access improvement Programme development Fixed asset fund Total designated funds General funds Total unrestricted funds Total funds Unrestricted funds |
At 1 August 2024 £ 7,777 139,004 - - - - - - - 146,781 20,000 50,000 10,699 80,699 234,995 315,694 462,475 |
Income £ 45,000 41,898 - 4,590 38,500 - 6,566 27,189 24,602 188,345 - - - - 263,356 263,356 451,701 |
£ (52,777) (54,267) (5,000) (4,590) (57,492) (3,270) (6,566) (27,189) (57,245) (268,396) - - (5,238) (5,238) (218,367) (223,605) (492,001) Expenditure |
£ - (126,635) 5,000 - 18,992 60,000 - - 42,643 - - 60,000 1,006 61,006 (61,006) - - Transfers between funds |
£ - - - - - 56,730 - - 10,000 At 31 July 2025 |
| 66,730 | |||||
| 20,000 110,000 6,467 |
|||||
| 136,467 | |||||
| 218,978 | |||||
| 355,445 | |||||
| 422,175 |
Purposes of restricted funds
Programmes listed in the above include:
Big Brothers Big Sisters: Providing longer term mentoring relationships to young people.
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Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
16. Movements in funds (continued)
Purposes of restricted funds (continued)
The Community Impact Zone: Facilitating collaboration and community development projects in key wards in East Oxford. The funds under this heading are used within this geographical area and have been applied to programmes provided in this area, which includes our Windale Community Hub.
Fellow: Offering free English lessons to learners in Oxford.
Marmalade Expenses: Fiscal administration of collaborative Power Sharing initiative.
Parent Power: Bringing parents together to support each other, enabling families to lead their best lives and achieve their goals.
Participatory Grant Making: A programme supporting local people to determine what community development and activity grants should be made to which activities in their local area, distributing grants as per local determination and providing support to grant recipients.
Schools Plus: Helping young people to achieve their academic potential by matching them with university student tutors.
Student Exec and Scholars Support: Facilitating opportunities for university students and staff to work with community activities through volunteering.
Windale Community Hub: Provides open and free for all community space in the heart of the Leys for local people to grow and develop and support new ideas and sustainable activities for their local community.
Restricted funds include those received from BBC Children in Need, Masonic Charitable Foundation, Swire Charitable Trust, William Wates Memorial Trust, Lankelly Chase Foundation, Oxford City Council, Singer Foundation, Well Together, Beatrice Laing Trust, PF Charitable Trust, Robert and Margaret Moss Charitable Trust and Oxford University.
Purposes of designated funds
Building access improvement: For access improvements to buildings.
Programme development: Development of existing and new programmes aligning with the newly developing strategic focus.
Fixed asset fund: This represents the net book value of the charity's fixed assets. Future transfers to general funds will relate to the movement in fixed asset carrying value in the year.
24
Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
16. Movements in funds (continued)
Transfers between funds
Transfers between restricted funds relate to funds which were to be used in the Community Impact Zone, and have been allocated to specific projects within this geographical region.
Transfers into designated funds from general funds represent the purchase of fixed assets and the designation of additional funding for specific purposes.
Prior period comparative
| Restricted funds Big Brothers Big Sisters Community Impact Zone Fellow Marmalade Expenses Parent Power Schools Plus Social Enterprise Social Prescribing Student Exec and Scholars Support Total restricted funds Designated funds Building access improvement Programme development Fixed asset fund Total designated funds General funds Total unrestricted funds Total funds Unrestricted funds |
At 1 August 2023 £ 12,121 64,971 12,967 - 69,836 - 5,976 - 13,306 179,177 - - - - 245,094 245,094 424,271 |
Income £ 39,190 174,433 19,999 1,920 - 14,668 - 15,726 29,220 295,156 - - - - 347,018 347,018 642,174 |
£ (43,534) (100,400) (32,966) (1,920) (69,836) (14,668) (5,976) (15,726) (42,526) (327,552) - - - - (276,418) (276,418) (603,970) Expenditure |
£ - - - - - - - - - - 20,000 50,000 10,699 80,699 (80,699) - - Transfers between funds |
£ 7,777 139,004 - - - - - - - At 31 July 2024 |
|---|---|---|---|---|---|
| 146,781 | |||||
| 20,000 50,000 10,699 |
|||||
| 80,699 | |||||
| 234,995 | |||||
| 315,694 | |||||
| 462,475 |
25
Oxford Hub
Notes to the financial statements
For the year ended 31 July 2025
17. Operating lease commitments
The charity had operating leases at the year end with total future minimum lease payments as follows:
| follows: | ||
|---|---|---|
| Amount falling due: Within 1 year |
2025 £ 8,991 8,991 |
2024 £ 8,991 |
| 8,991 |
18. Related party transactions
In the current period, total aggregate unrestricted donations from trustees were £300 (2024: £nil). There were no related party transactions in the prior period.
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