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2024-08-31-accounts

Registered number: 11218178 Charity number: 1181974

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

CONTENTS

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

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024

Directors

P Hardcastle

C Henderson

O McGrattan (resigned 31 August 2024)

G Bolton-Hale (appointed 1 May 2024)

Company registered number

11218178

Charity registered number

1181974

Registered office

1 Kennington Road, London, SE1 7QP

Company secretary

K Agar

Independent Examiner

Matt Ryan FCCA Numbers Ltd

Page 1

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

The Directors (who are also Trustees of the charity for the purposes of the Charities Act) present their annual report together with the unaudited financial statements of Oasis Community Hub: Lister Park (the company) for the year ended 31 August 2024. The Directors confirm that the annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Charities SORP 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).

Structure, governance and management

a. CONSTITUTION

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 21/02/2018 and is a registered charity number co.

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

b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS

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

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF DIRECTORS

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

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

Oasis Community Hub: Lister Park (the Company) is a company limited by guarantee, whose registered number is 11218178. It is also a registered charity, number 1181974. The Company is governed by a Memorandum and Articles of Association of 21[st] February 2018. The Company is controlled by the Directors who are also the Trustees. The Company does not have a share capital. Directors are appointed by a majority of Directors or the Guarantor. The Directors have delegated the day to day activity of the Company to the Hub Leader, but retain responsibility for major strategic and governance decision.

The Company was established in furtherance of Oasis Community Partnership’s intention to deliver individual and community transformation through local community hubs. As each Hub will need to respond to the issues and needs arising in its own locality and in order to engage local involvement each hub will operate as an independent legal entity but expressing the consistent ethos of Oasis.

e. RISK MANAGEMENT

The Directors have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

The risks and impact of the cost of living crisis have been assessed by the Directors and they are satisfied that risks have been mitigated wherever possible. We have confirmed grant commitments from our major funders covering the period up to and beyond August 2022.

Page 2

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

The Directors consider that Oasis Community Hub: Lister Park has adequate resources to continue in operational existence for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts.

Objectives and Activities

The objective of the company is to operate as a catalyst for community transformation by facilitating improvements in the lives of individuals and community activity and cohesion. This will be achieved by identify and understanding the needs and issues within the community and by applying the Oasis Ethos to everything. The Oasis Ethos is:

Oasis Hubs will typically include activities in education, youth and children’s work, community empowerment, housing, advice and support, personal and spiritual development and health and wellbeing.

Achievements and Performance in 2023/24

This year marked a transition in leadership for the hub, with the previous Hub Leader departing in September 2023, and the appointment of a new Hub Leader in February 2024. The new Hub Leader has been able to start developing exciting plans for the hub with the New Oasis Lister Park Principal and community partners. This includes a comprehensive hub refurbishment plan, to develop a collocated hub in a space at the rear of the Oasis Academy Lister Park site, with independent access. This will be a much-needed resource in a community that is currently without spaces that can be used for community support and activity. Funding has been secured and the plans are now progressing with a project plan in place and planned opening date of Easter 2025.

Strong relationships have been built between the hub and academy, especially following a recent Ofsted inspection, of which the outcome was ‘Good’ in all areas. This provided a huge boost to the esteem in which Oasis is held in the community, as well as providing a rapid induction for the Hub Leader to the full Academy staff team and wider Oasis leadership and enabled the Hub Leader to become known by pupils and families. The Hub Leader has used their experience and knowledge of Bradford community and its health and local third sector to connect the Lister Park Hub and Academy to partners, based on a detailed understanding of local health and demographic data backed up by local health and Ward plans. Lister Park is a community that has some of the poorest social conditions in England; with poor health, very poor housing standards and overcrowding as well as high levels of crime and air pollution in the locality.

The ongoing development of the hub and community plan has been welcomed across a wide range of partners, a number of whom have asked to deliver services to the local community at the Community Hub and in some cases use the space as a community base for staff. The Hub Leader has reestablished links with locality-based Education Partnerships - working with the Centre for Young Lives in West Bradford and the Education Alliance for Life Chances which is steering a funding bid to continue locality-based work between schools and local communities.

Page 3

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

Key achievements for 23/24

Relationship of Oasis Community Hub: Lister Park to other Oasis companies

The Hub has three relationships with the wider Oasis group:

  1. With the national group of Oasis organisations

  2. With the Oasis Community Partnerships group

  3. With Oasis Academy Lister Park

These are described below as follows:

1. The national Oasis Group

The Oasis family of charities in the UK has been structured to enable the entire group to benefit from working together towards national objectives while at the same time being able to deliver maximum impact in local communities. The challenge of running a national charity is in ensuring the correct needs are being addressed in local communities, while the advantage is working collaboratively at a national level to minimise cost locally and benefitting from the value of interdependent working. This ‘hybrid structure’ has been developed to ensure that local ownership and oversight is achieved whilst leveraging economies of scale.

Page 4

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

At a national level, Oasis Charitable Trust is responsible for all Oasis’ activities in the UK and is the parent company for three national subsidiaries. These are:

  1. Oasis Community Learning – a multi-academy chain running 53 academies across England

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

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

2. The Oasis Community Partnerships Group

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

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

3. Oasis Community Hub: Lister Park and its partnership with Oasis Academy Lister Park

Oasis Community Hub: Lister Park is governed by a local board of trustees, who are accountable for the financial management of the hub, overseeing the development of projects to meet local needs and ensuring that those projects benefit from any funds raised. As explained about Oasis Community Hub: Lister Park is a subsidiary of Oasis Community Partnerships, which in turn is a subsidiary of Oasis Charitable Trust.

Oasis Community Hub: Lister Park delivers integrated community development work in the community surrounding Oasis Academy Lister Park (primary school). One objective of Oasis Community Hub: Lister Park is to provide wrap around care for students and their parents/carers at the Academy. Therefore, Oasis Community Hub: Lister Park works in close partnership with Oasis Academy Lister Park in order to provide integrated and holistic community transformation.

Because the Academy is able articulate strong educational outcomes from the role of Hub Leader, a portion of their salary is funded from the Academy budget. The Academy is accountable to the Department for Education and Education Funding Agency, who rigorously regulate the spend of statutory funds and are therefore only able to fund community roles which have clear and identifiable educational outcomes for students. However, Oasis Community Hub: Lister Park has a broader purpose in providing community interventions for the entire area and therefore there are a range of additional community roles and programmes which must to be funded in other ways. Therefore, Oasis Community Hub: Lister Park has been specifically established to govern our charitable community activities in the area.

Financial review

These accounts represent the activity for the year ended 31 August 2024. The total incoming resources during the year ended 31st August 2024 amounted to £37,858 (2023: £16,828). Expenditure amounted to £32,236 (2023: £27,047). The overall result is a surplus of £5,622 (2023: £10,219 deficit). Reserves at the year-end were £13,492 (2023: £7,870; £3,970 unrestricted and £3,900 restricted) split £8,133 unrestricted and £5,359 restricted.

Page 5

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

Going concern

The Directors have considered the risks to the Hub, including the impact of the cost of living crisis. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be 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 Hub has adequate resources to continue operating for the foreseeable future and, for this reason, the Trustees continue to adopt the going concern basis in preparing the accounts.

Plans and vison for the future

We plan to run a celebration event when the new hub space is open and use this as a platform to involve the local community and academy in shaping the future. We are also planning to work closely with community members and with partner organisations to deliver the following:

Developing youth work capacity is a key priority and so the Hub Leader is focussing on funding to develop youth work at the hub, with a particular focus on the most vulnerable communities especially our Roma community and Refugees.

DIRECTORS' RESPONSIBILITIES STATEMENT

The Directors (who are also Trustees of Oasis Community Hub: Lister Park for the purposes of charity law) are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Directors to prepare financial statements for each financial year. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Directors are required to:

Page 6

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2024

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

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

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

In preparing this report the Director have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the Directors on 11 April 2025 and signed on their behalf, by:

C Henderson Director

Page 7

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF OASIS COMMUNITY HUB: LISTER PARK

I report on the accounts of the charity for the year ended 31 August 2024.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Mr Matt Ryan, FCCA

32 High Street, Wendover, Bucks, HP22 6EA

Date: 11 April 2025

Page 9

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2024

Note
INCOME
Donations
2
Grants
2
Other Income
2
TOTAL
RESOURCES EXPENDED
Charitable activities
3
TOTAL
MOVEMENT IN TOTAL FUNDS FOR THE
YEAR – NET INCOME/(EXPENDITURE) FOR
THE YEAR
Total funds at 1 September 2023
TOTAL FUNDS AT 31 AUGUST 2024		 Unrestricted
funds
2024
£
-
-
32,442
32,442		 Unrestricted
funds
2024
£
-
-
32,442
32,442		 Unrestricted
funds
2024
£
-
-
32,442
32,442		 Restricted
funds
2024
£
-
5,416
-		 Restricted
funds
2024
£
-
5,416
-		 Total
funds
2024
£
-
5,416
32,442
37,858		 Total
funds
2023
£


-
1,800
15,028

16,828

27,047
5,416
28,279
28,279
4,163
3,970
8,133		 3,957
3,957
1,459
3,900
5,359		 32,236
32,236
5,622
7,870
13,492

27,047
(10,219)
18,089
7,870

The notes on pages 12 to 16 form part of these financial statements.

Page 10

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

BALANCE SHEET AS AT 31 AUGUST 2024

Note
CURRENT ASSETS
Cash at bank
Debtors
CREDITORS:amounts falling due within
one year
5
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
Unrestricted funds
TOTAL FUNDS
£
7,821
6,310		 2024

£



13,492
£
21,877
-		 2023

£


7,870
14,131
(639)		 21,877
(14,007)




13,492 7,870
5,359
8,133		 3,900
3,970
13,492 7,870

For the year ending 31/08/2024 the company was entitled to exemption under section 479a of the Companies Act 2006 relating to subsidiary companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

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

The financial statements were approved by the Directors on 11 April 2025 and signed on their behalf, by:

C Henderson Director

The notes on pages 12 to 16 form part of these financial statements.

Page 11

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

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

1.2 Company status

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

1.3 Fund accounting

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

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

1.4 Income

All incoming resources are included in the Statement of financial activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is gifts and donations are recognised on receipt.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

• Expenditure on charitable activities includes the costs of educational activities undertaken to further the purposes of the charity and their associated support costs.

• Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the Hub’s educational operations and activities.

1.6 Pensions

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

Page 12

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

1.7 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.9 Creditors and provisions

1.10 Financial instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at amortised cost comprise cash and bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise bank loans and overdrafts, trade and other creditors.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects the current and future periods.

In the view of the directors, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. In their estimation, the impact of transitioning is not material to the financial statements and therefore the restatement of comparative items is not required. The transition date was 1 September 2014.

Page 13

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

2. INCOME

Donations
Grants
Other Income		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2024
£
2024
£
2024
£
2023
£
-
-
-
-
-
5,416
5,416
1,800
32,442
-
32,442
15,028
32,442
5,416
37,858
16,828

3. CHARITABLE ACTIVITIES

Staff Cost
Staff Training
Consumables
Telephone costs
Travel & subsistence
Subscriptions
Examination fees
Consultancy
Management Charges
Other costs
Total Direct Costs		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2024
£
2024
£
2024
£
2023
£
20,235
2,983
23,218
600
65
-
65
195
419
220
639
215
89
-
89
88
231
132
363
303
-
-
-
710
-
-
-
-
-
180
180
600
-
-
-
20,415
7,240
442
7,682
3,921
28,279
3,957
32,236
27,047

4. NET INCOMING RESOURCES / (RESOURCES EXPENDED)

This is stated after charging:

Auditor's remuneration 2024
2023
£
£
410
300

During the year, no Directors received any remuneration (2023 - £NIL). During the year, no Directors received any benefits in kind (2023 - £NIL). During the year, no Directors received any reimbursement of expenses (2023- £NIL).

Page 14

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

5. CREDITORS: Amounts falling due within one year

Creditors
Intercompany		 2024

£
639
-
639		 2023
£
900
13,107
14,007

6. STATEMENT OF FUNDS

Unrestricted funds
Restricted funds:
Oasis Living Room
Empowerment
Youth
Kickstart
Unrestricted funds
Restricted funds:
Oasis Living Room
Empowerment
Youth
Kickstart		 Brought
Forward
Transfers
between
funds
Income
2024
Expenditure
2024
Carried
Forward
£
£
£
£
£
3,970
-
32,442
(28,279)
8,133
-
-
-
-
1,700
-
-
-
1,700
2,200
-
5,416
(3,957)
3,659
-
-
-
-
-
7,870
-
37,858
(32,236)
13,492
Brought
Forward
Transfers
between
funds
Income
2022
Expenditure
2022
Carried
Forward
£
£
£
£
£
1,722
-
5,028
(2,780)
3,970
-
-
1,800
(1,800)
-
6,767
-
(5,067)
1,700
9,600
-
10,000
(17,400)
2,200
-
-
-
-
-
18,089
-
16,828
(27,047)
7,870

Page 15

OASIS COMMUNITY HUB: LISTER PARK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

7. ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The company is a wholly owned subsidiary of Oasis Community Partnerships, a company incorporated in England (registered number 08749179) and a registered charity (number 1163889). Oasis Community Partnership prepares consolidated financial statements. Copies of these financial statement can be obtained from its registered office at 1 Kennington Road, London, SE1 7QP.

OCP’s principle objectives are to:

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

OCT’s principle objectives are to:

8. RELATED PARTY TRANSACTIONS

In the year Oasis Community Partnerships charged £3,852 (2023: £2,004) for support services.

At year end there is a balance of £6,310 owed to the Hub by Oasis Community Partnerships (2023: £13,107 owed to the Hub by Oasis Community Partnerships).

There were no other related party transactions.

Page 16