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OASIS COMMUNITY HUB: OLDHAM

Registered charity 1138862 · accounts filings on the Charity Commission register

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Latest income
£1.0m
Latest spending
£1.3m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £255,921 for the year ended 31 August 2025, resulting in a significant reduction in total funds from £304,278 to £48,357. Per the trustees' report, unrestricted reserves of £17,695 are considered sufficient to meet estimated remaining running costs of £39,000, and the directors confirm adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: three months running costs which we estimate to be £315,000 in total (held: £18k)
“The Directors continue to review the Hub’s need for reserves in line with the guidance issued by the Charity Commission and have adopted a policy to set aside funds of approximately three months running costs which we estimate to be £315,000 in total” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Staff recharges paid to parent undertaking Oasis Community Partnerships (OCP).
“An amount of £990,205 (2024: £786,757) was paid by the Hub to OCP in respect of staff recharges. In addition £86,008 (2024: £67,008) was paid by the Hub to OCP for management recharges to cover support from the service teams for the year. At year-end a balance of £63,832 (2024: £4,332) was owed to OCP by the Hub.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Mercer & Hole LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.0m
Total spending
£1.3m
Reserves (reported)
£18k
Employees
35

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Oldham

Income and spending

Financial year endIncomeSpending
31/08/2025£1.0m£1.3m
31/08/2024£1.0m£1.1m
31/08/2023£990k£663k
31/08/2022£489k£508k
31/08/2021£199k£203k

Common questions

Is OASIS COMMUNITY HUB: OLDHAM financially healthy?

The accounts state that the charity reported a deficit of £255,921 for the year ended 31 August 2025, resulting in a significant reduction in total funds from £304,278 to £48,357. Per the trustees' report, unrestricted reserves of £17,695 are considered sufficient to meet estimated remaining running costs of £39,000, and the directors confirm adequate resources to continue as a going concern. Its FY2025 accounts were audited by Mercer & Hole LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund21/11/2019£10k"Leesbrook Heritage Trail"