POSITIVE STEPS OLDHAM
As an independent sector organisation, PSO is unique in England in the way it provides a range of integrated support services for young people. Its organisational mission is:To provide an integrated range of advice, information, guidance and support services which enable all individuals in Oldham and neighbouring boroughs to realise their full potential in work and life.
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
“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
“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
“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
“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
“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
“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
Funders the charity credits
- Ministry of Justice
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/07/2018)
Trustees
- Joanne Marie Forsdikechair
- Aisha Mahmood
- Hannah Jane Roberts
- Hayley Harewood
- Iffat Parveen
- Mezreet Rasul
- Vinesh Mistry
- Zack Colin Maher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. 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.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 20/12/2018 | £10k | Building Connections Fund - Community Spaces |
| UK government | 20/12/2018 | £10k | Building Connections Fund - Codesign |
| UK government | 03/09/2018 | £20k | Knife Crime Community Fund 18-19 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 2 | £59k |
| TARPORLEY WAR MEMORIAL HOSPITAL TRUST | 1 | £116k |
| COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £100k |
| THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUST | 1 | £91k |
| THE CITY AND GUILDS OF LONDON INSTITUTE | 1 | £64k |
| BBC CHILDREN IN NEED | 1 | £30k |
| THE GUARDIAN FOUNDATION | 1 | £28k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £10k |
Charities like this
- AGE UK OLDHAM LIMITED
- PSHE ASSOCIATION
- STEPS CLUB FOR YOUNG PEOPLE
- POSITIVE YOUTH FOUNDATION
- OLDHAM PLAY ACTION GROUP
- DISABILITY POSITIVE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| POSITIVE STEPS OLDHAM | £6.7m | £60,001 - £70,000 | 2 | unclear | — | no doubt |
| AGE UK OLDHAM LIMITED | £2.5m | — | 0 | unclear | — | no doubt |
| PSHE ASSOCIATION | £1.5m | — | — | unclear | — | no doubt |
| STEPS CLUB FOR YOUNG PEOPLE | £111k | — | 0 | above | — | noted |
| POSITIVE YOUTH FOUNDATION | £1.5m | — | 0 | unclear | — | no doubt |
| OLDHAM PLAY ACTION GROUP | £183k | — | 0 | unclear | — | no doubt |