for the Period Ended 31 October 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
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| Turnover: |
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| Cost of sales: |
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| Administrative expenses: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 4 |
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| Members' funds | |||
| Profit and loss account: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2025
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 October 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 October 2025
| 2025 | 2024 | |
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| Trade creditors |
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| Total |
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for the Period Ended 31 October 2025
| 2025 | 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Total |
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During the financial year, the Oak Initiative implemented a range of activities that positively impacted the community. These activities contributed to improved livelihoods, enhanced access to essential services, and strengthened community resilience. Key benefits included: Capacity building: Training and awareness programs equipped community members with practical skills, increasing their ability to generate income and make informed decisions. Education support: Provision of educational materials, scholarships, and mentorship programs helped improve school attendance and academic performance among children and young people. Health and well-being: Health outreach programs, screenings, and awareness campaigns improved access to healthcare services and promoted healthier lifestyles. Economic empowerment: Support for small businesses, vocational training, and savings groups created employment opportunities and increased household incomes. Support for vulnerable groups: Targeted assistance to women, youth, persons with disabilities, and vulnerable households enhanced social inclusion and reduced hardship. Community development: Infrastructure improvements, environmental conservation activities, and community engagement initiatives strengthened local development and encouraged collective action. Partnerships and sustainability: Collaboration with local authorities, community leaders, and partner organizations increased the effectiveness and sustainability of development interventions. Overall, the Oak Initiative's activities during the financial year contributed to improved quality of life, greater economic opportunities, stronger community participation, and enhanced resilience, laying a solid foundation for sustainable community development.
Details of Consultation with Stakeholders During the financial year, the Oak Initiative conducted regular consultations with key stakeholders to ensure that its activities were responsive to community needs and aligned with development priorities. Stakeholders consulted included community leaders, local government representatives, beneficiaries, partner organizations, educational institutions, healthcare providers, women's and youth groups, and donors. Consultation activities included: Community meetings to identify priority needs and gather feedback on ongoing projects. Focus group discussions with women, youth, and vulnerable groups to ensure inclusive participation. Meetings with local government officials to coordinate activities and align projects with local development plans. Engagement with partner organizations to strengthen collaboration, share experiences, and avoid duplication of efforts. Beneficiary feedback sessions, surveys, and monitoring visits to assess project effectiveness and identify areas for improvement. Periodic review meetings with donors and project partners to discuss progress, challenges, financial accountability, and future priorities. Feedback from these consultations informed project planning, implementation, and monitoring. Stakeholders recommended expanding livelihood support, increasing community awareness programs, strengthening youth and women's empowerment initiatives, and improving monitoring and evaluation systems. The Oak Initiative incorporated these recommendations into its work plans, helping to enhance the relevance, effectiveness, and sustainability of its interventions.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 January 2026
And signed on behalf of the board by:
Name: Olusola Kolawole
Status: Director