**Registered number: 12515168 Charity number: 1189489**
## **OASIS COMMUNITY HUB: WARNDON**
**(A company limited by guarantee)**
**DIRECTORS' REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2024**
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Company, its Directors and advisers**|1|
|**Directors' report**|2 – 9|
|**Independent examiner's report**|10|
|**Statement of financial activities**|11|
|**Balance sheet**|12|
|**Notes to the financial statements**|13 – 17|
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE PERIOD ENDED 31 AUGUST 2024**
## **Directors**
S Culy S Barriscale (resigned 9 January 2024) R Arnott (appointed 21 December 2023) S Forrest Dr G Good (appointed 9 July 2024)
## **Company registration number**
12515168
## **Charity registration number**
1189489
## **Registered office**
1 Kennington Road, London, SE1 7QP
## **Company secretary**
K Agar
## **Independent examiner**
Mr Matt Ryan, FCCA _Numbers Ltd_
Page 1
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD 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 audited financial statements of Oasis Community Hub: Warndon (the company) for the year to 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 12[th] March 2020 and is a registered charity number 1189489.
The principal objects of the Company are the advancement for the public benefit of education and health, the preservation and protection of public health generally, the relief of persons who are in need, hardship or distress and the prevention and relief of poverty.
The Directors confirm that they have paid due regard to the guidance contained in the Charity Commission’s general guidance on public benefit when setting the charity’s objectives and planning its activities.
## **b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS**
The management of the company is the responsibility of the Directors who are elected and co-opted under the terms of the Articles of Association. The appointment of new directors is at the discretion of the existing directors (and/or the Guarantor).
## **c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF DIRECTORS**
Policies for the induction and training of new directors follow those of the ultimate parent, Oasis International Association Ltd.
## **d. ORGANISATIONAL STRUCTURE AND DECISION MAKING**
Oasis Community Hub: Warndon (the Company) is a company limited by guarantee, whose registered number is 12515168. It is also a registered charity, number 1189489. The Company is governed by a Memorandum and Articles of Association of 12[th] March 2020. The Company is controlled by the Directors who are also the Trustees. The company was founded by Oasis Charitable Trust, however Oasis Community Partnerships is the immediate parent and sole member. 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 Charitable Trust and 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 AND GOING CONCERN**
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.
We have confirmed grant commitments from our major funders covering the period up to and beyond August 2025.
Page 2
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
The Directors consider that Oasis Community Hub: Warndon has adequate resources to continue in operational existence for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts.
## **Objectives and Activities**
The objective of the company is to operate as a catalyst for community transformation by facilitating improvements in the lives of individuals and growth in community activity and cohesion. This will be achieved by identifying and understanding the needs and strengths within the community and by applying the Oasis Ethos to everything. The Oasis Ethos is:
- A passion to include everyone
- A desire to treat everyone equally, respecting differences
- A commitment to healthy and open relationships
- A deep sense of hope that things can change and be transformed
- A sense of perseverance to keep going for the long haul
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**
Oasis Community Hub Warndon along with its surrounding community continue to aspire to develop work in close collaboration. This last year has been largely about maintaining what we have grown as a community to meet local needs.
The charity’s main priority continues to be supporting families and individuals in ways that have ensured that basic needs are met followed by further support to improve individual circumstances collaboratively with the individual. We remain a small charity with an established programme and are committed to working towards our sustainability. Our project partners, clients and volunteers are very much involved in shaping and supporting our steps to greater sustainability and growth.
Our work continues to reflect the local need as well as highlight the impact felt by it across the community. Local people continue to being ideas, and solutions to local issues. We want to continue to build upon this and involve local people in raising awareness of our charitable work. Together through a range of bespoke and tailored initiatives we hope to continue to work with local people in this way with the collective objective of making it a better place to live and work for everybody full of hopeful opportunities.
## **A Summary of key Projects:**
## **Family Support**
- **Open House-** Our weekly drop-in support group offers free breakfast and access to Platform Housing advice along with drop in advice to other visiting professionals. We have equally increased voluntary opportunities within this programme and have a committed volunteer supporting with 121 work. This has had a huge impact on our Hub Leaders capacity with the additional support and time to help more people accessing Digital Friends appointments.
- **Family Support-** 121 advice support and signposting **.** Our family support offer continues to be in demand and includes; Parenting programmes including NVR (none violence resistance approach as part of Oasis Encounter, further partnership courses for families with Action for Children, a range of after school clubs offering food and activity as well as weekly stay and play sessions & SEND support ‘walk in’ led by volunteers.
We also work with Worcester Foodbank and Citizens Advice Bureau offering 121 appointments across the week, particularly supporting those who have accessed the foodbank.
Page 3
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
- **Holiday Activities-** Providing holiday initiatives that aim to offer free food and tackle holiday hunger as well as opportunities such as trips that might ordinarily be out of reach for many families. Trips away from the estate continue to be a popular activity and often become first time experiences for some of families helping them to create memorable holiday memories. Our most popular are trips to the seaside, farm and adventure activities!
## **Food Programmes**
- **Community pantry-** Provision of emergency hampers and ‘meals in a bag’ to support families in crisis in between foodbank opening times. The pantry also helps support with hygiene and personal care items. Nappies and tooth care are amongst our most sought-after items due to their cost but equally being essential expensive items for many families.
- **Foodbank Satellite-** Foodbank demand continues to grow locally with Worcester Food bank reporting ever increasing access to the resource including from those accessing for the first time and families needing to increasingly rely on foodbanks to feed their family. We continue to work alongside the Foodbank to offer a local collection point for parcels. This is particularly helpful for local people who would struggle to access the city centre provision, but equally enables families to access throughout the week when the Foodbank is closed.
- **Too Good To Throw-** Provision of weekly food parcels enabling families to access fresh food for a donation providing families with choice and dignity as they budget to provide access to good quality products for their family. This project continues to be an area of growth with great potential to expand the programme to support more people. We have also trailed a few initiatives this year with additional products to increase donations and support unrestricted income generation.
- **Get Set Grow Programme -** Weekly horticultural sessions in our community gardens to promote health & wellbeing while creating a self-sustaining food growing area for the whole community to access. Within the project there are multiple sessions offering a vast range of volunteering opportunities and after school provision to support local people to work together, prepare meals and eat together while developing a vast array of skills The project aims to positively impact and number of people, strands of the project include; Environmental group, Spud Club, Stay & Play, Tuesday Brunch & after school gardening club.
## **Health & Wellbeing**
- **Bumps & Babies Group** working in partnership with NHS Maternity Services and the local Continuity of Care Team for the area ‘Ruby Midwife team’ fortnightly sessions are offered to families who are both currently or previously under the care of the team. The group provides support in early and post pregnancy for the whole family and beyond as well as social connections.
- **Active Warndon Adults** Following of from the delivery of our Active Warndon Families programme. Adults expressed that they would like to focus on their own health and wellbeing further. After exploring several different fitness activities adults prefer yoga and have been really focussing on this. With our support the group if working towards becoming a sustainable programme with those involved taking on voluntary roles to support the facilitation of sessions.
- **Health Bus** Working in partnership with NHS and their partners a fully equipped medical bus visits the site monthly. The team can offer free health care checks as well as advice and support on the doorstep of many. The service supports patients to sign up to a GP practice, access mental health support, cervical screening, menopause advice and much more besides including vast signposting to other health services.
## **Children and Youth Work Development**
We continue to develop and think about the future youth and children’s work with children and young people at the heart of decision making. Our Fun Squad meet weekly as a group of young leaders to plan and organise a weekly after school youth club for their peers. The Community Kitchen Club gives young people an opportunity to work alongside a trained chef to prepare meals each week for the local community. The group has expanded with an additional cohort of young people involved! The kitchen club produce food for up to 45 residents every week resulting in 1000’s of meals being served in the last year!
Page 4
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **Training and Education**
- **TA Level 2 Teaching Assistant Course** Fourth year delivering Level 2 Teaching Assistant course with Worcestershire County Council Adult Learning resulting in x12 volunteer placements in the Academy. We have also now had several successes with students becoming paid members of staff within the local Oasis Academy after completing their qualification.
## **Key Achievements:**
- Securing funding from The Worcestershire Foundation Inclusive Communities fund to develop work within the Community garden.
- Continued support from The Oakland Foundation to enable us to offer fantastic experiences to Children and Young People on a regular basis. Including many trips off the estate!
- Support from West Midlands Access programme to develop the Too Good to Throw Programme
- • Sustainability of the core team including two part time Family Support Workers and a part time administrator
- Participation in Worcester Paint Festival events bringing festival attendees out to see newly commissioned work on the Community Hub site as well as previous pieces created for the festival.
- Supporting 25 of the Community Hubs most vulnerable families with very high levels of advice and support
- Number of families supported to achieve positive outcomes for themselves including; new jobs, improved housing solutions, greater financial stability & improved mental health and wellbeing.
- The start of a new partnership with National Trust Croome and participation in their Severn Birds of Croome sculpture trail. Creating a sculpture with award winning Midlands based artist Mr A Singh
- Continued development of Active Warndon Adults with secured funding from Healthy Worcestershire to support our health and wellbeing offers
- Secured the use of a new space for Active Warndon Adults work in partnership with Platform Housing at one of their local assisted living complexes.
- Continued delivery of Level 2 Teaching Assistant course in partnership with Worcestershire County Council Adult Learning with x12 volunteer placements in the Academy
- Retention, recruitment & continued professional development of new & existing volunteers
- • Recruitment of two new Hub Councillors
- Delivery of successful Christmas 2023 campaign providing 75 hampers and in excess of 100 presents for local children supported by Dunelm Delivering Joy Campaign
- Maintained after school & weekend provision with the continued development of the Community Kitchen Club, Fun Squad, Spud Club & Get Set Grow programmes
- Successful fourth year of delivering the National School Breakfast Campaign and Magic Breakfast in the Academy. Offering every child a free breakfast every day of the year while at school.
- Families who have been involved in our work since we opened in 2018 taking up further volunteer and leadership opportunities to support our sustainability focus
- Delivery of parenting programmes in partnership with Action for Children
Page 5
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **Relationship of Oasis Community Hub: Warndon 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 Warndon
These are described 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.
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: Warndon 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: Warndon operates locally in order to respond appropriately to the needs of the local area. As a result, Oasis Community Hub: Warndon benefits from higher quality and cheaper infrastructure than it would be able to access as entirely standalone organisation.
## **3. Oasis Community Hub: Warndon and its partnership with Oasis Academies**
Oasis Community Hub: Warndon 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 above, Oasis Community Hub: Warndon is a subsidiary of Oasis Community Partnerships, which, in turn, is a subsidiary of Oasis Charitable Trust.
Oasis Community Hub: Warndon delivers integrated community development across the hub and in particular the communities surrounding Oasis Academy Warndon. One objective of Oasis Community Hub: Warndon is to provide wrap around care for students and their parents/carers at the Academy. Therefore, Oasis Community Hub: Warndon works in close partnership with Oasis Academy Warndon in order to provide integrated and holistic community transformation.
Page 6
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
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: Warndon 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: Warndon has been specifically established to govern our charitable community activities in the area.
## **Financial review**
The total incoming resources during the year ended 31st August 2024 amounted to £45,068 (2023: £90,349. Expenditure amounted to £86,183 (2023: £63,548). The overall result is a deficit of £41,115 (2023: £26,801 surplus).
## **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. 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. Many staff are working on restricted projects and therefore the three months running costs are held within both unrestricted and restricted funds. We have sufficient reserves to guard against unexpected downturns in financial performance.
## **Plans for the future**
Over the next year the Warndon Community Hub plans to focus further on developing its capacity and sustainability. Building upon the commitment of the community team inclusive of our volunteers we now feel confident that the programme meets the needs of those that access the current offer with a degree of flexibility to respond to emerging needs as well as opportunities. We would like to now focus on building our resilience as a small local charity and commit to the current offer making it more sustainable over the forthcoming years. Our strategy is such that we want to be able to reach more people and offer them the same level of support experienced by others. There is a demand for our support but we want to ensure that we are able to commit to this by ensuring that our resources can meet the need.
**Family Support:** This work is part of our core offer and will remain a high priority. There is need to secure our team for a longer period of time to really enable us to commit to working with people long term. We will therefore focus on funding for this area. We will work in other ways to bring further capacity to the team and will draw upon our large network of local partners to explore other services that can deliver locally from our space under the umbrella of our family support package.
**Food:** We will continue to work alongside Worcester Foodbank to provide a pickup point as part of a satellite. Now that this work is part of our core offer we will seek to explore funding to enable us as a team to continue to facilitate this. This will be vital as often clients that access the satellite require further support and we would like to be able to provide further capacity to support this need.
We will continue to explore ways to grow our food sustainability programmes including the community garden & ‘Too Good to Throw’. These programmes will support to remove the stigma around accessing our food provisions and promote the advantages of accessing projects that are preventing food waste which have a positive impact on the environment as a result too.
Page 7
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **Health, wellbeing & Environmental:**
An expanding priority for us will be to explore opportunities with local NHS partners to ensure that families have access to ensuring that their basic health needs are met. Following successes with maternity services, Healthy Worcestershire, NHS Big Quality Conversation, Starting Well Partnership, and the Health Bus we will work with the local community to ensure that their voices are heard. We will support local people to explore what services could be offered to improve the health wellbeing and life chances of residents.
Over the next year we hope to continue to develop the skills of families and volunteers who have been instrumental in ensuring a productive year within our onsite Community Kitchen garden. The project ‘Get Set Grow’ will continue to enable local people to get involved, volunteer, and develop a wide-ranging set of skills. Those currently involved will support to involve more residents and volunteers enabling the garden to produce more food.
## **Enterprise & Education:**
As part of our sustainability we will continue to work towards creating an income generation plan for our priority areas. Our trustees and Hub councillors will establish a group of existing volunteers as well as new ones to drive forward frequent fundraising initiatives to diversify our income streams.
We are committed to being part of the Oasis Living Room campaign and as part of our ‘Get Set Grow’ & Open House opportunities we will continue to make technology and free Wi-fi available. This provision will support the wider community to manage Universal Credit, housing applications and seek other support as well as offer space and support for individuals to enrol on courses and use the Hub space for flexible study.
The Level 2 training Teacher Training programme continues to be well received and will continue with us working with Worcestershire Adult Education and the Academy for student placements. Over the next year we will work together with current and alumni students to share stories about learners’ journeys to encourage further participation from underrepresented groups.
**Volunteering:** We are privileged to have a committed core team of volunteers with an empowering skill set. We want to use this skill and knowledge of our programme and community to support our sustainability focus this year. We will seek to provide the tools that enable our volunteers greater autonomy to develop and project manage fundraising initiatives and events to support our work and our core team capacity.
## **DIRECTORS' RESPONSIBILITIES STATEMENT**
The Directors (who are also Trustees of Oasis Community Hub: Warndon 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).
Page 8
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **DIRECTORS' REPORT (continued) FOR THE PERIOD ENDED 31 AUGUST 2024**
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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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.
In preparing this report, the Directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
This report was approved by the Directors on 8 April 2025 and signed on their behalf by:
S Culy
Director
Page 9
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF OASIS COMMUNITY HUB: WARNDON**
I report on the accounts of the charity for the period 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:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **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:
- 1) which give me reasonable cause to believe that in any material respect the requirements: a. to keep accounting records in accordance with section 130 of the 2011 Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## _**Mr Matt Ryan, FCCA**_
32 High Street, Wendover, Bucks, HP22 6EA
Date: 8 April 2025
Page 10
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2024**
|**Note**
**INCOME FROM:**
Gifts & Donations
2
Grants
2
Other Income
2
**TOTAL**
**RESOURCES EXPENDED**
Charitable activities
3
**TOTAL RESOURCES EXPENDED**
**MOVEMENT IN TOTAL FUNDS FOR THE**
**YEAR – NET (EXPENDITURE) / INCOME**
**FOR THE YEAR**
**Transfers between funds**
_Total funds at 1 September 2023_
**TOTAL FUNDS AT 31 AUGUST 2024**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**funds**
**Total**
**funds**
**2024**
**£**
**2024**
**£**
**2024**
**£**
**2023**
**£**
**5,908**
**4,909**
**10,817**
_4,131_
**11,514**
**21,479**
**32,993**
_80,230_
**598**
**660**
**1,258**
_5,988_|
|---|---|
||**18,020**
**27,048**
**45,068**
_90,349_|
||**14,474**
**71,709**
**86,183**
_63,548_|
||**14,474**
**71,709**
**86,183**
_63,548_|
||**3,546**
**(44,661)**
**(41,115)**
_26,801_
**466**
**(466)**
**-**
_853_
_67,656_
_68,509_
_41,708_|
||**4,865**
**22,529**
**27,394**
_68,509_|
The notes on pages 13 to 17 form part of these financial statements.
Page 11
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **BALANCE SHEET AS AT 31 AUGUST 2024**
|**Note**
**CURRENT ASSETS**
Cash at bank
Debtors
5
**CREDITORS:**amounts falling due
within one year
6
**NET CURRENT ASSETS**
**NET ASSETS**
**CHARITY FUNDS**
Restricted funds
6
Unrestricted funds
6
**TOTAL FUNDS**|
**£**
**31,299**
**-**|**2023**
**£**
**27,394**|
_£_
_68,606_
_4,231_|_2022_
_£_
_68,509_|
|---|---|---|---|---|
||**31,299**
**(3,905)**||_72,837_
_(4,328)_||
||||
||
|||**27,394**||_68,509_|
|||**22,529**
**4,865**||_60,268_
_8,241_|
|||**27,394**||_68,509_|
For the period 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 have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Directors on 8 April 2025 and signed on their behalf, by:
S Culy Director
The notes on pages 13 to 17 form part of these financial statements.
Page 12
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
The accounts (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 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
Under FRS 102 the charity claims an exemption for preparing a cash flow statement. The parent company (Oasis Community Partnerships), prepares consolidated accounts, which include a group cash flow statement and the hub companies are consolidated into this.
## **1.2 Company status**
The company is a company limited by guarantee incorporated and domiciled in the UK and is a public benefit entity. The sole member of the company is Oasis Community Partnerships and it’s 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 £10.
## **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 or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund.
## **1.4 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 probable. The incoming resources includes gifts and donations and grants.
## **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 operations and activities.
Page 13
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **1.6 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.
## **1.7 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.
## **1.8 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.
## **1.9 Financial instruments**
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at amortised cost comprise cash and bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise bank loans and overdrafts, trade and other creditors.
## **1.10 Critical accounting judgements and key sources of estimation uncertainty**
In the application of the company’s accounting policies, the 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.
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.
## **1.11 Reconciliation with previously accepted Generally Accepted Accounting Practice**
In preparing the accounts, the directors 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 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 14
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **2. INCOME**
|**2.**|**INCOME**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|_Total_|
|||**funds**|**funds**|**funds**|_funds_|
|||**2024**|**2024**|**2024**|_2023_|
|||**£**|**£**|**£**|_£_|
||Gifts and Donations|**5,908**|**4,909**|**10,817**|_4,131_|
||Grants|**11,514**|**21,479**|**32,993**|_80,230_|
||Other Income|**598**|**660**|**1,258**|_5,988_|
|||**18,020**|**27,048**|**45,068**|_90,349_|
|**3.**|**CHARITABLE ACTIVITIES**|||||
|||**Unrestricted**|**Restricted**|**Total**|_Total_|
|||**funds**|**funds**|**funds**|_funds_|
|||**2024**|**2024**|**2024**|_2023_|
|||**£**|**£**|**£**|_£_|
||Staff costs|**6,330**|**24,308**|**30,638**|_27,048_|
||Governance costs|**410**|**-**|**410**|_300_|
||Bank charges|**61**|**-**|**61**|_70_|
||Consultancy|**-**|**6,690**|**6,690**|_4,275_|
||Food|**78**|**2,555**|**2,633**|_6,314_|
||Equipment|**155**|**4,760**|**4,915**|_2,531_|
||Management costs|**3,946**|**21,894**|**25,840**|_14,250_|
||Telephone costs|**-**|**-**|**-**|_145_|
||Consumables|**186**|**582**|**768**|_927_|
||Subscriptions|**35**|**1,956**|**1,991**|_692_|
||Travel and Subsistence|**912**|**1,715**|**2,627**|_3,871_|
||Other costs|**2,361**|**7,249**|**9,610**|_3,125_|
|||**14,474**|**71,709**|**86,183**|_63,548_|
|**4.**|**NET INCOMING RESOURCES**|||||
||This is stated after charging:|||||
|||||**2024**|_2023_|
|||||**£**|_£_|
||Independent examination fee|||**410**|_300_|
During the period, no Directors received any remuneration (2023: nil). During the period, no Directors received any benefits in kind (2023: nil). During the period, no Directors received any reimbursement of expenses (2023: nil).
Page 15
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE PERIOD ENDED 31 AUGUST 2024**
## **5. CREDITORS: Amounts falling due within one year**
|Creditors
Intercompany|**2024**
**£**
**2,246**
**1,659**
**3,905**|_2023_
_£_
_3,886_
_442_|
|---|---|---|
|||_4,328_|
## **6. STATEMENT OF FUNDS**
|Unrestricted funds
**_Restricted Funds:_**
Family Support
Food Pantry
Environmental
Youth and Community
Community Soup|**Brought**
**Forward**
**£**
_853_
_30,771_
_5,048_
_25,705_
_5,263_
_869_|
**Transfers**
**between**
**funds**
**466**
**(7,466)**
**7,000**
|
**Income**
**2024**
**Expenditure**
**2024**
**Carried**
**Forward**
**£**
**£**
**£**
**18,020**
**(14,474)**
**4,865**
**6,236**
**(22,387)**
**7,154**
**7,183**
**(8,939)**
**3,292**
**60**
**(27,919)**
**4,846**
**13,569**
**(12,464)**
**6,368**
**-**
**-**
**869**
**45,068**
**(86,183)**
**27,394**|
|---|---|---|---|
||_68,509_|
**-**||
## **7. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Current assets
Creditors due within one year|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**funds**
**2024**
**£**
**2024**
**£**
**2024**
**£**
**6,897**
**24,402**
**31,299**
**(2,032)**
**(1,873)**
**(3,905) **|_Total_
_funds_
_2023_
_£_
_72,837_
_(4,328)_|
|---|---|---|
||**4,865**
**22,529**
**27,394**|_68,509_|
Page 16
## **OASIS COMMUNITY HUB: WARNDON**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 AUGUST 2024**
## **8. ULTIMATE PARENT UNDERTAKING**
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 and this is the smallest group for which accounts are prepared that incorporate Oasis Community Hub: Warndon. 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:
- To deliver integrated community development work in a number of targeted neighbourhoods across the country
- To grow and develop Oasis hubs across the country
- To facilitate regional improvement networks
- To ensure the Oasis Ethos is promoted nationally and that best practise is implemented throughout the hubs.
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: Warndon, 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:
- 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
## **9. RELATED PARTY TRANSACTIONS**
During the period the company paid £5,088 (2023: £4,250) for recharges for finance, HR and governance support costs.
At the year-end a balance of £1,659 was owed by the hub to OCP (2023: £442)
There were no other related party transactions.
Page 17