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POSITIVE STEPS OLDHAM

Registered charity 1017247 · accounts filings on the Charity Commission register · also known as NEXT STEPS OLDHAM, OLDHAM COMPACT, OLDHAM EDUCATION, BUSINESS AND GUIDANCE SERVICES

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Latest income
£6.7m
Latest spending
£6.7m
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £102,384 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, net assets excluding pension liability decreased from £2,698,430 to £2,596,046, while unrestricted reserves stood at £2,414,123.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose emoluments (gross salary plus employer pension contribution) amounted to over £60,000 in the year were as follows: £60,001 - £70,000 2” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The number of employees whose emoluments (gross salary plus employer pension contribution) amounted to over £60,000 in the year were as follows: £60,001 - £70,000 2” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: realisable cash assets (funds in bank and difference between money owed to creditors and money owed by debtors) (held: £2.4m)
“Reserves should be regarded as realisable “cash assets”, namely funds in the bank and the difference between money owed to creditors and money owed by debtors. Fixed assets would not be included.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity was paid £3,938,962 by Oldham MBC for services, and paid £20,962 for charges made by the council. Six trustees are Oldham Councillors.
“During the year, the charity was paid £3,938,962 (2024: £3,533,895) by the council for services. The charity also paid £20,962 (2024: £22,269) for charges made by the council.” — page 31
“In line with the definition of a related party per FRS102, any entity that is a post-employment benefit plan for the benefit of employees of the reporting entity is a related party and hence is to be disclosed. Under this basis, Greater Manchester Pension Fund are a related party.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Greater Manchester Pension Fund is a related party as it is a post-employment benefit plan for employees.
“During the year, the charity was paid £3,938,962 (2024: £3,533,895) by the council for services. The charity also paid £20,962 (2024: £22,269) for charges made by the council.” — page 31
“In line with the definition of a related party per FRS102, any entity that is a post-employment benefit plan for the benefit of employees of the reporting entity is a related party and hence is to be disclosed. Under this basis, Greater Manchester Pension Fund are a related party.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: PSO Trading Limited
“During the 2024 - 25 financial year, Positive Steps had a subsidiary company: PSO Trading Limited was incorporated on 2nd June 2005 and commenced trading on 31 October 2005. As of 1st April 2023, PSO Trading Limited ceased trading and became dormant.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Third Sector Accountancy Limited. Discloses 6 of 6 completeness components.

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

Total income
£6.7m
Total spending
£6.7m
Reserves (reported)
£2.4m
Employees
149

Reported reserves equal ~4.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Oldham · Rochdale · Tameside

Income and spending

Financial year endIncomeSpending
31/03/2025£6.7m£6.7m
31/03/2024£6.3m£6.3m
31/03/2023£6.2m£6.4m
31/03/2022£5.6m£6.4m
31/03/2021£6.2m£7.0m

Common questions

Is POSITIVE STEPS OLDHAM financially healthy?

The accounts state that the charity reported an operating deficit of £102,384 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, net assets excluding pension liability decreased from £2,698,430 to £2,596,046, while unrestricted reserves stood at £2,414,123. Its FY2025 accounts were audited by Third Sector Accountancy Limited.

What does the highest-paid employee of POSITIVE STEPS OLDHAM earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.