CHARITY REGISTFiATION NUMBER: 12041 Oak Farm Learning and Activities Centre Unaudited Financial Statements 31 March 2025 Oak Farm Learning and Activltles Centre Financial Statements Year ended 31 March 2025 Page Trustees. annual report Independent examinels report to the trustees Statement of financial activities Statemenl of financial position Notes lo Ihe financial statements The following pages do not form part of the financial statements Detailed statement of financial a￿1VitieS 15 Notes to the detailed statement of financial aclivities 16 Oak Farm Leaming and Activities Centre Trustees, Annual Report Year ended 31 March 2025 The trustees present their report and the unaudited financi81 slalemenls of the CIO for the year ended 31 March 2025. Refèrencè and administrativ8 dgtsils R8gl$torgd oharfty name Oak Fami Learning and Activities Centre Charlty rgglstratlon number 1204184 Princlpal office Samuel CO￿ Specialist Sports College Ballantyne Road Farnky)rough Hampshire GU14 8SN The truste08 Mr G Parker Mrs S Drury Mr G Cooper Mrs S Bushell Mrs T Reardon Mrs K Ballenline Mrs N Lemon Mr A Freestone Mrs D Witkiss During 202412025, the Irusloes have met regularly in person. The three member representatives are Nigel Reardon. Lee Humphrey and Elizabeth Dyef. Independent Examlner Adam Wlde CIMA Flat 2, Bellevue Road Wandsworth London SW17 7EG Oak Farm Learning and A¢tivltles Centre Trustees, Annual Report Icontlnuedl Year ended 31 March 2025 stat8m•nt from Chaimian This year marks the charity's first as a Charitable Incorporated Organisation ICIOI, following its transition from its previous charitable structure. Vvhile the legal form has changed, the charity's objectives and activities remain unchanged, continuing to support adults with learning disabilities through meaningful day services and community engagement. During the year. the Iwslees focused on ensuring a smooth transition to the CIO slru¢luro, updating governonce arrangements, and confiming compliance with all regulatory ￿quIrements. The charty maintained its Core services. supporting individuals with tailored programs, social aclivilies, and opportunities for personal development. Financially. the charity Continu￿ lo receive grantsldonalions which were used lo maintain existing services and cover the costs associated with the transition 10 2 CIO. The trustees remain commilled to prudent financial management and ensuring that resources are directed effectively lo meet the charity's objectives. The trustees look forward to building on the foundations laid during this transitional year, continuing to develop services, strengthen community partnerships, and deliver rneaningful imp8Ct for adults with learning disabilities in the years ahead. Ted Parker (Chair, OFLAC Trustsesl Oak Fami Learnlng and Activities Centre Trustees, Annual Report (continued} Year ended 31 March 2025 structure. governance. and managèment OFLAC employ 7 part-lime members of staff and 1 full lime member of staff, the Café Manager. The trustees thank all staff members for their devoted work. which is of a con8lstenlly high standard. Th$ Day Service currently has some 26 members who attend each Monday and 30 who attend each Frid8y.1202312024.' 24 and 27) The Day Servlce Is actively seeking new members. The Café currently has 10 trainees. OFLAC eould not continue wilhoul the support of our volunteers either as Trustees or supporting our members with events, regular activities and fund raising. We currently have 19 volunteers Ibul are ahvays looking for morel plus Trustee$. The Trustees would like lo thank all our volunteers for your continued support and time. The Day Service continues lo operate out of the community hall at the Samuel Cody Specplist School with office space and an outdoor garden area. We were fortunate lo secure a grant for the regeneration of this outdoor area which has enabled us lo replaee the raised flowerlvegelable beds, this wmbined with the new fencing has made an enormous difference lo the area which is used for Barbecues, Gardening, and Woodwork as w811 as giving a nice area for our members to relax in the sunshine. The day service manager and staff have a good working relationship with the school stsff and caretakers, which helps with the smooth running of tha day service. Our FAB Café is based in Farnborough Library and supports our members (known as Trainees) with work experience. The facilities are owned by Hampshire County Council, and we pay rent for the usè. The ￿fe manager and chair have been able lo negoliale the leims for the rental of the cafe which has been agreed by the board. The facilities include the kitchen, seTving area and dining area. Ob'ectives and activitigs DAY SERVICE-TO assist young people with learning difficulties to develop through a wide range of social, educational, and recreational aclivilies. CAFÉ- To assist trainees in getting real life work experience within a working café setting so that they may grow as independent members of the community. Oak Farm Learning and Activities Centre Trustees, Annual Report Icontinuod} Year ended 31 March 2025 The CIO was established in 2024 and commenced trading lo provide a key servico lo young adults who have physical andlor learning disabilities. Fundin Core funding is pmidgd by Hampshire County Council and Surrey County Council plus p¥ivately fvnded members, supported by grants and fundraising. Publlc Bgnoflt Reportlng The Trustees pay due regard to the Charity Commission's guidance on public benefit. The eharilable objeetives of the Cenlre are sel out on the Charity Commissions Website for this Trust. The benefits to the Publ￿ of these objectives are also contained in that same statement. OFLAC is a non-profit organisalion and any surpluses generated over and above the working capital requiremen15 in the year are added lo its reseNes for use in assisting young people with physical andlor l$arning disabilities lo develop through educational and recreational aclivilies. Achievements and erf ¢9 The Day Serwce operates full sessions over the last year, activities included quizzes. karaoke, games. dance and yoga tutorials, arts and crafts, garden parties, discos. and trips. The members particularly enjoyed their day trip lo Brighton and perfornian￿ al South Hill Park. We have an estsblished programme from external Tutors which supports and enhances our offering lo our members. All members are enjoying the varied agenda. Underpinning 811 our aclNities, OFLAC aims to devèlop independence. confiden￿, life and social skills, together with a sense of enjoyment with a special emphasis on well-being and inclusion. The FAB Café Our FAB Café trainees leam life skills through our training programme. TRinee progress is monitored throughout a number of topics., handling of money, Customer interaction. cooking and food hygiene. 11 is our intention that all trainees will have a period of 1 year within the FAB Café. The relationship with the Famborough Library Stsff, Hampshire Day Services and Parkside la local charity) continues to be excellent. The library staff do, however, have a reluctsnce lo fix vital broken kilehen equipment within a timely manner. This does have a limited impact on the service provided by the cafè. Baker Law and Rotary have been valued swnsors for this last year alh)wing the café lo enhance its support to our Trainees through courses and equipment, for which we are extremely grateful. We currently have a wailing list of people looking for training. The Trustees are proud of the achievements t*ing made by the FAB Café and are looking forward to the future Oak Farm Learning and Actlvltles Centre Trustees, Annual Report (continued} Year ended 31 March 2025 FITnancial review In the year 202412025, the Centre operated with a surplus of £239,491 {2023124.. £0.00). The Centre's resetve8 as of 3181 March 2025 amount to £239,49112024.. £0.00) The Trustees and Finance Manager monitor and control costs. The Trustees are liaising closely with Hampshire County Council and Surrey County Council who are both faced with difficult decisions regarding their budgets. The Finance Team continues to monitor the debtor balances closely to ensure accuracy. The Cenlre's financial statements comprising the Stslement of Financial Activities and Statement of Financial Position, are prèpared using the accruals basis of accounting which considers amounts due lo and due from the Centre at the slarl and end of the accounting periods. This enables a proper comparison of performanee bets￿een the two years. Plans forfuturn erlods Plans for 202512026 is to ensure we maintain our financial Stability to ensure we ¢an deliver a diverse programme lo our Day Service members along w(ch ensuring the Calé continues to provide a safe and financially viable offering lo the community and our trainees. OFLAC will continue to offer an inclusive environment to all, supporting the social and wellbeing of all our members. Our members love to be with their peers, which slrenglhens their mental health and continues to help with what remains challenging time. OFLAC will continue to secure grants and sponsorship lo enable our members lo get back in the community and experience days out, work experience, activities and events which all helps their mental health, confidenc&, and wellbeing in day-to-day lrfe. We have a waiting list for our Café Irainee$hip$. The trustees, annual report wa8 approv￿ on ..................... and signed on ￿haN0fthe l)oard of trustees Mr. G Parker Chair Mrs. S Drury Tmsurer Oak Fami Learnlng and Activities Centre Independent Examlner's Report to the Trustees of Oak Farm Leisure and Activities Centre Year ended 31 March 2025 I report lo the trustees on my examination of the financial slalemenls of Oak Fann Leisure and Aclwilies Centre I'lhe eharity'l for the year ended 31 March 2025. Responsibiliti8$ and basls of rgPQrt As the Iruslees of the charity, you are responsible for the preparation of the financial stslements in accordance with the requirements of the CharTties Act 2011 1.the Act'i. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examinalion I have followed all the applicable Directions given by the Charity Cornmission under section 14515llbl of the Act. Ind&pendent examingI8 8tstement I have completed my examination. I confim that no material matters have wme to my attention in connection with the examination giving me cause lo believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act", or the financial slalemenls do not accord with those records.. or the financial statements do not cornply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Aecounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter conside￿d as part of an independent examination. I have no concgrns and have come across no other matters in connection with tho examination lo which attention should be drawn in this ￿port lo enable a proper understanding of the 8eeounts lo be reached. Signed: Adam Wilde Flat 2, Bellevue Road Wandsworth London SW17 7EG Dale.. 2611012025 Oak Farm Learnlng and Actlvltles Centre Statement of Financial Activities Year ended 31 March 2025 2025 Unrestrlcted Funds 2024 Total Funds Total Funds Income and endowments Income Investment Income Note 372,132 2.486 372,132 2,486 Totsl Income 374,618 374,618 Totsl Expendlture 135,127 135,127 Net Income and net movement In funds 239,491 239,491 Reconciliation of funds Total funds brought forward Total funds carried forward 239,491 239,491 The statement of financial activities include8 all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. Oak Farm Learning and Activltles Centre Statement of Financial Position Year ended 31 March 2025 2025 2024 Current assets Note Debtors Cash at bank and in hand 12 10,388 230,095 240,483 Creditors.. amounts falllng due wthln one yoar 13 Net currènt asset$ Total assets 19$$ Current Ilabiliti08 Net assets 239.491 239 491 239 491 Funds ofthe charity Unrestricted funds Total charlty funds 239 491 15 These financial slalernents were approved by the board of trustees and authorised for i88ue on and are signed behalf ol the board by.. Mr. G Park Chair Mrs. S Drury Treasurer io Tho notes on pag9$ 9 to 16 fomi part of these financial $tatoments. Oak Fami Learning and Actlvltles Centre Notes to the financial statements Year ended 31 March 2025 1. General Infomiatlon The CIO is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal offi¢9 is Samuel Cody Specialist Sports College, Ballantyne Road, Farnborough, Hampshire. GU14 8SN. 2. Stat9mgnt of compllance These financial stslemenls have been prepared in compliance with FRS 102. 'The Financral Reporting Standard applicable in the UK and the Republic of Ireland., th8 Statement of Recommended Practice applicable to charities preparing their a￿ountS in accordanee with thè Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (Charities SORP IFRS 10211 and the Charities Act 2011. 3. Accountlng Polici68 Basis of prgparation The financial statements have been prepared on the historical cost basis, as modffj￿d by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expendilL*re. The financAal statements are prepared in steding, which is the functional currency ofthe entity. Going concern There are no material uncertainties about the charfty's abilty to continue. Fund aGGounting Unrestricted funds are available for use al the discretion of the trustees to further any of the CIO'S wrF)oses. Designated funds are unrestriled funds earmarked by the Iruslegs for future projec15 Qr commitments. Restricted fvnds are subjected lo restrictions on their expenditure declared by the donor or through the temis of an appeal and fall into one of two sul>classes'. restricted income funds or endowment funds. li Oak Farm Learnlng and Activities Centre Notes to the financial statements Icontinued} Year ended 31 March 2025 Incoming r•source8 AJI incoming resources are included in the slalemenl of financial activities when entitlement has passed to the CIO.. it is probable that the economic benefits associated with the transaction will flow to the CIO and the amount can be reliably measured, The following specific policies are applied to particular categories of income.. Income from donations or grants is reco9nised when there is evidence of enlillement to the gift. receipt is probable, and ils amount can be measured reliab￿. Legacy income is recognised when receipt is probable, and gnlitlemenl is established. Income from donatsd goods is measured al the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donatd facilits.es and services are recognised in the accounts when received rf the value can be rèliabty measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the ¢ontracled service. This is classified as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and returned if unspent, in which case il may be regarded as restricted. Re8ources expended Expenditure is ￿COgniSed on an accruals basis as a liability is incurred. Expenditure includes any VAT which eannol be fully recovered. and is classified under headings of the statement of financial activities to whKh il relates". expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the Gharity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charilab5e activities. All costs are allocated lo expenditure categories reflecting the use of tho resource. Direct costs allributable lo a single activity are allocated directly to that activity. Shared costs are apportioned between the activbties they contribute to on a Teasonable, justifiable and onsistenl basis. Dgflnod contribution plans 12 Pension contributions lo defined contribution plans are recognised as an expense in the period in which the related seNice is provided, Prepaid pension contributions are recognised as an asset to the exlenl that the prepayment will lead lo a reduction in future payments or a ash refund. Oak Farni Learnlng and Activities Centre Notes to the financial statements lcontlnuèdl Year ended 31 March 2025 4. Donatlon8 and lega¢io8 2025 Unrestrlctèd Funds 2024 Unre8tricted Funds Total Funds Totsl Funds Donatlon8 Income from members, activities Donations 67,459 3,287 67.459 3,287 Gifts Core Funding 301 386 372 132 301,386 372 132 5. Investment Incorng 2025 Unrestricted Funds 2024 Unrestrlcted Funds Total Funds Total Funds Investment Income Bank interest retsivab19 2,486 2,486 6. Expenditurg on charftable activities by fund type 2025 Unrostrlcted Funds 2024 Unrestricted Funds Total Fund8 Total Funds Members, events Support Costs 63,959 71,168 63.959 71,168 13 135 127 135.127 Oak Farm Learning and Activitles Centre Notes to the financial statements (continued} Year ended 31 March 2025 7. Expenditure on charitable activitigs by actlvlty type 2025 2024 Activities und8rtak&n directly Support Costs Total Funds Total Funds Members, events Governance costs 63.959 68,653 2.515 71.168 132,612 63.959 135,127 0.00 8. Analysls ofsupport costs Analysis of support Costs Total 2024 Total 2025 Staff Costs Premises Communiealions and IT General office Human resources Governance costs 55,242 9,936 1,208 2,567 55,242 9,936 1.208 2,567 2.515 71,168 9. Indepondent examination f99S 2025 2024 14 Fees payable lo the independent examiner for independent examination of the financial statements 360 Oak Farm Learning and Actlvltles Centre Notes to the flnancial ststements Icontlnued} Year ended 31 March 2025 10. staff costs The lolal Staff costs and emp5oyee benefits for the reporting period a￿ analysed as follows.. 2025 2024 Wages and salaries Employer contribution to Pension plans 54.581 661 55,242 The average head count of employees during the year was 812024.'01. No employee received employee benefits of more than £60.000 during the year12023.. NIL). 11. Trustee remuneration and expen8e8 No remuneration or other benefits from employment with the charty or a related entity were received by the trustegs. 12. Debtors 2025 2024 Trade dgbtors 10,388 Prepayments and ?￿rUed income 15 Oak Farm Learnlng and Actlvlties Centre Notes to the financial statements {￿ntInued) Year ended 31 March 2025 13. Credltor8: amounts falllng due wlthln onè yoar 2025 2024 Trade Creditors Accruals and deferred income 632 360 992 14. Pensions and othor post.rètirement benefits Dofinod contrlbutlon plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £661 12024.. £0}. 1 S. Analysi8 of CIO fvnds At 31 March 2025 Unrestricted funds At 1 April 2024 Income Expgndituro General funds 374,618 -135.127 239 491 At 31 March 2024 At 1 April 2023 Income Expenditurg General funds 16. Analysis of nèt assèts betw&•n fund8 Unrpstrictsd funds Totsl Funds 2024 16 Current Assets Creditors less than 1 year Net a$¥ets 240,483 -992 239.491 Oak Farm Learning and Actlvltles Centre Detalled Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowmgnts Donations and legacies Income from members, actwilies Donations Core Funding 67,459 3.287 301.386 Inv08tment Incom8 Bank Interest Receivable 2.486 Total Income 374 618 Expenditure Expondlture on charitsblg activities Café expenditure, Charity events and days out Wages and salaries Pension costs Rent Repairs and maintenan Insurance Motor vehicle expenses Refreshments Legal arKI professional fees Telephon Other office eosts Sundry expenses Stsff training 63.959 54.581 661 9,936 960 2,515 1,208 1,307 17 Expenditure on charitable activities 135127 19