OSEL ENTERPRISES LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a total operating surplus of £88,955 for the year ended 31 March 2023, with unrestricted reserves of £583,191. The trustees consider these reserves to be in line with their policy of maintaining approximately four months of expenditure. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID LAURENCE HOLMESchair
- COLIN PETER BOSWELL
- Carole Dennett
- Mark Reed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.3m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £1.3m | £1.2m |
| 31/03/2022 | £1.1m | £999k |
| 31/03/2021 | £834k | £829k |
Common questions
Is OSEL ENTERPRISES LIMITED financially healthy?
The accounts state that the charity reported a total operating surplus of £88,955 for the year ended 31 March 2023, with unrestricted reserves of £583,191. The trustees consider these reserves to be in line with their policy of maintaining approximately four months of expenditure. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Bright Brown Limited.