OAC BUILDINGS

Registered charity 1010074 · accounts filings on the Charity Commission register

The main purpose of the charity is to provide opportunities for young people to take part in outdoor activities.

Causes: Amateur Sport · website · Get email alerts

Latest income
£705k
Latest spending
£236k
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted free reserves were £135,151 at year-end, which is above the trustees' stated policy target of £120,000 (equivalent to approximately 12 months' expenditure). The charity reported a net income of £469,180, largely driven by capital grant funding, and the trustees confirmed sufficient resources to continue operations for the next 12 months.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — OAC Buildings (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£705k
Total spending
£236k
Cost of raising funds
£4k
Reserves (reported)
£135k
Employees
8

Reported reserves equal ~6.9 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (82% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.6% of total income — below the median for charities its size (4.9%) (benchmarks).

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Trustees · trustee networks

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
31/12/2024£705k£236k
31/12/2023£189k£152k
31/12/2022£139k£114k
31/12/2021£115k£93k
31/12/2020£65k£67k

Common questions

Is OAC BUILDINGS financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted free reserves were £135,151 at year-end, which is above the trustees' stated policy target of £120,000 (equivalent to approximately 12 months' expenditure). The charity reported a net income of £469,180, largely driven by capital grant funding, and the trustees confirmed sufficient resources to continue operations for the next 12 months. Its FY2024 accounts were independently examined.