OSEL ENTERPRISES LIMITED

Registered charity 1007947 · accounts filings on the Charity Commission register

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Latest income
£1.4m
Latest spending
£1.3m
Registered
1992
Accounts read
FY2023

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

Accounts audited by Bright Brown Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.4m
Total spending
£1.3m
Reserves (reported)
£124k
Employees
35

Reported reserves equal ~1.1 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: Isle Of Wight

Income and spending

Financial year endIncomeSpending
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.