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2025-03-31-accounts

Barmouth Oasis Community Group Ltd. Grwp Cymunedol Abermaw Oasis Cyf

ANNUAL REPORT FOR THE YEAR – 2024-2025

Phase 1 of the refurbishment of Elephant Works has now been completed and the end of the project form was submitted. BOCG are now starting work on Phase 2 with an asbestos report having been carried out.

Asbestos was found in one unit on the King Edward Street level and the empty unit on the Park Road level. Arrangements will be made for the asbestos to be removed. We will also be sourcing grants for this phase. We were encouraged to apply for a grant for solar panels.

Funds are still being received for the Hub on Mondays and Thursdays. A knitter Natter group who meet on Thursdays is proving to be very popular. Batala, Barmouth Choir and Social Services continue to use the rooms. We also continue to provide recycled furniture, free school uniforms and support for the homeless.

The nursery have continued to increase with the Flying Start accreditation and the Free 30 Hours Scheme children have also increased in number as children have hit that age group. Forest School started with funding awarded from Mantell Gwynedd and Oakdale Trust which has proved to be a great hit. The summer holiday club was full most days and really popular.

REGISTERED NUMBER: 05010883 (England and Wales)

BARMOUTH OASIS COMMUNITY GROUP LTD

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB

BARMOUTH OASIS COMMUNITY GROUP LTD

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025

Page
Company Information 1
Report of the Directors 2
Income Statement 3
Balance Sheet 4
Statement of Changes in Equity 6
Notes to the Financial Statements 7
Report of the Accountants 10
Detailed Income and Expenditure Account 11

BARMOUTH OASIS COMMUNITY GROUP LTD

COMPANY INFORMATION for the Year Ended 31 MARCH 2025

DIRECTORS: C S M Jones D E Robinson M P Harris H E Lewis P F Cook C Barman D C B Mckeown REGISTERED OFFICE: Canolfan Oasis Centre Unit 7 Park Road Barmouth Gwynedd LL42 1PH REGISTERED NUMBER: 05010883 (England and Wales) ACCOUNTANTS: E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB

Page 1

BARMOUTH OASIS COMMUNITY GROUP LTD

REPORT OF THE DIRECTORS for the Year Ended 31 MARCH 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

C S M Jones

D E Robinson M P Harris H E Lewis P F Cook C Barman

Other changes in directors holding office are as follows:

D G Hooper - resigned 31 December 2024

D C B Mckeown - appointed 21 January 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

C S M Jones - Director

31 October 2025

Page 2

BARMOUTH OASIS COMMUNITY GROUP LTD

INCOME STATEMENT for the Year Ended 31 MARCH 2025

Notes
TURNOVER
Cost of sales
GROSS SURPLUS
Distribution costs
Administrative expenses
Other operating income
OPERATING SURPLUS
4
Interest receivable and similar income
Interest payable and similar expenses
SURPLUS BEFORE TAXATION
Tax on surplus
5
SURPLUS FOR THE FINANCIAL YEAR
2025
£
317,854
(14,764)
303,090
-
(513,655)
(210,565)
245,994
35,429
3,083
38,512
(523)
37,989
-
37,989
2024
£
240,743
(9,487)
231,256
(161)
(439,208)
(208,113)
256,267
48,154
1,981
50,135
(609)
49,526
-
49,526

The notes form part of these financial statements

Page 3

BARMOUTH OASIS COMMUNITY GROUP LTD (REGISTERED NUMBER: 05010883)

BALANCE SHEET 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Debtors
7
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
9
NET ASSETS
RESERVES
Income and expenditure account
2025
£
18,615
154,733
173,348
34,454
£
257,701
138,894
396,595
135,108
261,487
261,487
261,487
2024
£
19,703
317,175
336,878
25,360
£
258,381
311,518
569,899
346,401
223,498
223,498
223,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

The notes form part of these financial statements

continued...

Page 4

BARMOUTH OASIS COMMUNITY GROUP LTD (REGISTERED NUMBER: 05010883)

BALANCE SHEET - continued 31 MARCH 2025

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

C S M Jones - Director

The notes form part of these financial statements

Page 5

BARMOUTH OASIS COMMUNITY GROUP LTD

STATEMENT OF CHANGES IN EQUITY for the Year Ended 31 MARCH 2025

Balance at 1 April 2023
Changes in equity
Total comprehensive income
Balance at 31 March 2024
Changes in equity
Total comprehensive income
Balance at 31 March 2025
Retained
earnings
£
173,972
49,526
223,498
37,989
261,487
Total
equity
£
173,972
49,526
223,498
37,989
261,487

The notes form part of these financial statements

Page 6

BARMOUTH OASIS COMMUNITY GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025

1. STATUTORY INFORMATION

Barmouth Oasis Community Group Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - NIL).

continued...

Page 7

BARMOUTH OASIS COMMUNITY GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

4. OPERATING SURPLUS

The operating surplus is stated after charging:

Depreciation - owned assets

2025 2024
£ £
1,189 1,548

5. TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 March 2025 nor for the year ended 31 March 2024.

6. TANGIBLE FIXED ASSETS

COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
Freehold
property
£
253,351
-
253,351
-
-
-
253,351
253,351
Equipment
£
13,614
509
14,123
13,348
197
13,545
578
266
Fixtures
and
fittings
£
5,333
-
5,333
1,367
793
2,160
3,173
3,966
Computer
equipment
£
998
-
998
200
199
399
599
798
Totals
£
273,296
509
273,805
14,915
1,189
16,104
257,701
258,381

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Prepayments
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accrued expenses
2025
£
17,996
619
18,615
2025
£
33,398
1,056
34,454
2024
£
19,112
591
19,703
2024
£
24,352
1,008
25,360

continued...

Page 8

BARMOUTH OASIS COMMUNITY GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

9.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
Other loans - 1-2 years
Private loan
Deferred government grants
Amounts falling due in more than five years:
Repayable by instalments
Private loan
2025
£
19,167
75,734
40,207
135,108
75,734
2024
£
22,500
95,734
228,167
346,401
95,734

Page 9

BARMOUTH OASIS COMMUNITY GROUP LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF BARMOUTH OASIS COMMUNITY GROUP LTD

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB

Date: .............................................

This page does not form part of the statutory financial statements

Page 10

BARMOUTH OASIS COMMUNITY GROUP LTD

DETAILED INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 MARCH 2025

Turnover
Fees
Donations
Other Income
Cost of sales
Children's general provisions
Hub provisions
GROSS SURPLUS
Other income
Rents received
Sundry receipts
Government grants
Deposit account interest
Expenditure
Donations
Rates & water
Insurance
Light and heat
Repairs to property
Wages
Pensions
Telephone
Post and stationery
Advertising and website
Training
Licences
Repairs and renewals
Waste services
Staff amenities
Hub co-ordination
Accountancy
Professional fees
Legal fees
Finance costs
Bank charges
Bank loan interest
Carried forward
2025
£
311,310
4,999
1,545
12,103
2,661
8,580
228,508
8,906
3,083
-
835
2,786
16,200
198,639
251,427
9,793
1,083
1,912
145
406
404
5,322
2,620
600
15,000
1,056
3,769
34
434
523
£
317,854
14,764
303,090
249,077
552,167
512,031
40,136
957
39,179
2024
£
234,090
5,043
1,610
7,160
2,327
9,330
218,533
28,404
1,981
161
904
2,533
9,753
184,533
198,672
4,798
1,170
1,293
140
35
380
17,928
2,031
1,002
8,625
1,008
2,409
13
433
609
£
240,743
9,487
231,256
258,248
489,504
437,388
52,116
1,042
51,074

This page does not form part of the statutory financial statements

Page 11

BARMOUTH OASIS COMMUNITY GROUP LTD

DETAILED INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 MARCH 2025

Brought forward
Depreciation
Plant and machinery
Fixtures and fittings
Computer equipment
NET SURPLUS
2025
£
197
793
200
£
39,179
1,190
37,989
2024
£
356
992
200
£
51,074
1,548
49,526

This page does not form part of the statutory financial statements

Page 12

INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025 INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025 INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025 INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025
Year End 31/3/2025 Nursery Community
Turnover
Fees 311,308.35 311,308.35
Donations 4,999.09 199.09 4,800.00
Other Income 1,545.00 1,545.00
317,852.44 311,507.44 6,345.00
Cost of sales
Children's general provisions 12,103.47 12,103.47
Hub Provisions 2,661.30 2,661.30
14,764.77 12,103.47 2,661.30
GROSS SURPLUS 303,087.67 299,403.97 3,683.70
Other income
Rents received 8,580.00 8,580.00
Sundry receipts 40,549.05 40,549.05
Deferred Grant released 187,959.42 187,959.42
Government grants 8,905.99 8,905.99
Deposit account interest 3,082.63 249,077.09 8,905.99 3,082.63 240,171.10
Expenditure 552,164.76 308,309.96 243,854.80
Donations - -
Rates & water 834.81 834.81
Insurance 2,786.24 1,790.63 995.61
Light and heat 16,199.54 12,430.26 3,769.28
Property improvements 198,638.69 10,679.27 187,959.42
Event costs -
Directors' remuneration -
Wages 251,427.24 251,427.24
Pensions 9,793.43 9,793.43
Telephone 1,082.52 1,082.52
Post and stationery 1,912.06 1,830.96 81.10
Advertising and website 145.00 145.00
Training 406.00 406.00
Licences 403.90 234.40 169.50
Repairs and renewals 5,321.88 4,346.36 975.52
Waste services 2,619.60 2,619.60
Hub Co-ordination 15,000.00 15,000.00
Staff amenities 599.59 599.59
Accountancy 1,056.00 528.00 528.00
Professional fees 3,768.50 3,768.50
Legal fees 34.00 34.00
Bank charges 434.05 317.78 116.27
Bank loan interest 523.36 523.36
Depn of plant & machinery 1,189.85 514,176.26 1,189.85 304,581.56 209,594.70
NET SURPLUS 37,988.50 3,728.40 34,260.10
Tax -
Deferred tax - - - -
37,988.50 3,728.40 34,260.10
Transfer from Nursery to Community Account 10,660.00
-
10,660.00
Last year accy paid 504.00
-
504.00
Last year tax paid
37,988.50 7,435.60
-
45,424.10
BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025
Year End 31/3/2025 Nursery Community
Fixed Assets
Freehold prop 253,351.40 253,351.40
Improvements to property
Equipment 577.69 577.69
Fixtures & fittings 3,173.38 3,173.38
Computer equipment 598.80 598.80
257,701.27 4,349.87 253,351.40
Current Assets
Trade debtors 17,995.51 17,995.51
Prepayments 619.34 216.40 402.94
Cash in hand 65.00 65.00
Bank account no. 1 25,306.74 25,306.74
Bank account no. 2 124,810.76 9,028.13 115,782.63
Bank account no. 4 4,550.18 4,550.18
173,347.53 52,611.78 120,735.75
Creditors
Trade creditors 33,397.70 33,397.70
Accrued expenses 1,056.00 528.00 528.00
Tax - -
- 34,453.70
- 33,925.70
- 528.00
Loans
Deferred grants 40,207.28 40,207.28
Barclays Loan 19,166.97 19,166.97
Private loan 75,733.86 75,733.86
- 135,108.11
- 19,166.97
- 115,941.14
261,486.99 3,868.98 257,618.01
Reserves
Brought forward 223,498.49 11,304.58 212,193.91
Surplus for the year 37,988.50 7,435.60
-
45,424.10
261,486.99 3,868.98 257,618.01
INCOME STATEMENT FOR THE YEAR ENDED INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025
Community Unrestricted Restricted
Turnover
Fees
Donations 4,800.00 4,800.00
Other Income 1,545.00 1,545.00
6,345.00 6,345.00 -
Cost of sales
Children's general provisions
Hub Provisions 2,661.30 2,661.30
2,661.30 - 2,661.30
GROSS SURPLUS 3,683.70 6,345.00 2,661.30
-
Other income
Rents received 8,580.00 8,580.00
Sundry receipts 40,549.05 789.05 39,760.00
Deferred Grant released 187,959.42 187,959.42
Government grants
Deposit account interest 3,082.63 240,171.10 3,082.63 12,451.68 227,719.42
Expenditure 243,854.80 18,796.68 225,058.12
Donations
Rates & water
Insurance 995.61 995.61
Light and heat 3,769.28 212.91 3,556.37
Property improvements 187,959.42 187,959.42
Event costs
Directors' remuneration
Wages
Pensions
Telephone
Post and stationery 81.10 81.10
Advertising and website
Training
Licences 169.50 169.50
Repairs and renewals 975.52 975.52
Waste services
Sundry expenses 15,000.00 15,000.00
Staff amenities
Accountancy 528.00 528.00
Professional fees
Legal fees
Bank charges 116.27 116.27
Bank loan interest
Depn of plant & machinery 209,594.70 3,078.91 206,515.79
NET SURPLUS 34,260.10 15,717.77 18,542.33
Tax
Deferred tax - - -
34,260.10 15,717.77 18,542.33
Transfer from Nursery to Community Account 10,660.00 10,660.00
Last year accy paid 504.00 504.00
Last year tax paid
45,424.10 26,881.77 18,542.33
BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025
Community Unrestricted Restricted
Fixed Assets
Freehold prop 253,351.40 253,351.40
Improvements to property
Equipment
Fixtures & fittings
Computer equipment
253,351.40 253,351.40 -
Current Assets
Trade debtors
Prepayments 402.94 402.94
Cash in hand
Bank account no. 1
Bank account no. 2 115,782.63 38,082.63 77,700.00
Bank account no. 4 4,550.18 1,498.78 3,051.40
120,735.75 39,984.35 80,751.40
Creditors
Trade creditors
Accrued expenses 528.00 528.00
Tax - -
- 528.00
- 528.00
-
Loans
Deferred grants 40,207.28 40,207.28
Barclays Loan
Private loan 75,733.86 75,733.86
- 115,941.14
- 75,733.86
40,207.28
-
257,618.01 217,073.89 40,544.12
Reserves
Brought forward 212,193.91 190,192.12 22,001.79
Surplus for the year 45,424.10 26,881.77 18,542.33
257,618.01 217,073.89 40,544.12
INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025 FOR THE YEAR ENDED 31/03/2025
Restricted Building Community Hub
Turnover
Fees
Donations
Other Income
- - -
Cost of sales
Children's general provisions
Hub Provisions 2,661.30 2,661.30
2,661.30 - 2,661.30
GROSS SURPLUS 2,661.30
-
- 2,661.30
-
Other income
Rents received
Sundry receipts 39,760.00 39,760.00
Deferred Grant released 187,959.42 187,959.42
Government grants
Deposit account interest 227,719.42 187,959.42 39,760.00
Expenditure 225,058.12 187,959.42 37,098.70
Donations
Rates & water
Insurance
Light and heat 3,556.37 3,556.37
Property improvements 187,959.42 187,959.42
Event costs
Directors' remuneration
Wages
Pensions
Telephone
Post and stationery
Advertising and website
Training
Licences
Repairs and renewals
Waste services
Hub Co-ordination 15,000.00 15,000.00
Staff amenities
Accountancy
Professional fees
Legal fees
Bank charges
Bank loan interest
Depn of plant & machinery 206,515.79 187,959.42 18,556.37
NET SURPLUS 18,542.33 - 18,542.33
Tax
Deferred tax - - -
18,542.33 - 18,542.33
Transfer from Nursery to Community Account
Last year accy paid
Last year tax paid
18,542.33 - 18,542.33
BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025 BALANCE SHEET AS AT 31/03/2025
Restricted Building Community Hub
Fixed Assets
Freehold prop
Improvements to property
Equipment
Fixtures & fittings
Computer equipment
- - -
Current Assets
Trade debtors
Prepayments
Cash in hand
Bank account no. 1
Bank account no. 2 77,700.00 39,700.00 38,000.00
Bank account no. 4 3,051.40 507.28 2,544.12
80,751.40 40,207.28 40,544.12
Creditors
Trade creditors
Accrued expenses
Tax - -
- - -
Loans
Deferred grants 40,207.28 40,207.28
Barclays Loan
Private loan
40,207.28
-
40,207.28
-
-
40,544.12 - 40,544.12
Reserves
Brought forward 22,001.79 22,001.79
Surplus for the year 18,542.33 - 18,542.33
40,544.12 - 40,544.12