ORMSIDE MILL RESIDENTIAL CENTRE LIMITED
Ormside Mill is the perfect location for groups of young people and adults to undertake residential stays. AALA (Adventurous Activities Licencing Association) registered we offer a variety of adventurous activities, including outdoor pursuits, training, workshops, group work and environmental studies.Ormside Mill can accommodate self catered groups of up to 20 people & up to 20 campers.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £27,511 for the year ended March 2025, resulting in a decrease in unrestricted reserves from £94,449 to £75,997. The trustees note that the charity is reliant on funding bodies and grants which are typically for limited periods, and recognize that unpredictable circumstances may arise resulting in loss of income. Despite the current deficit, the trustees assert that the charity remains in a stronger financial position than three years ago and has no material uncertainties regarding its ability to continue.
What the accounts disclose
“The charity paid management fees of £26,300 (2024: £23,000) to LABGC during the period, and made other purchases of £200 (2024: £2,200). Total income received from LABGC was fnil (2024: £nil) and income received from GMYF was fnil (£10,180). At the balance sheet date, a long-term loan of £107,500 ((2024: £107,500) was due to LABGC and a further £107,500 (2024: £107,500) was due to GMYF. Hammerbank Trust also hold a charge over the Ormside property as security for a loan of £50,000 made to LABGC to facilitate the loan to Ormside Mill to purchase the property. The charity has no other disclosable related party transactions in the current or prior period. Controlling party The company is controlled by its members in general meetings in accordance with the Memorandum and Articles of Association. No member is entitled to more than one vote. -~29-”
Property (HM Land Registry)
Trustees
- Stephen Keith Gillieschair
- Emma O'Reilly
- Karen Lesley Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £99k | £126k |
| 31/03/2024 | £122k | £123k |
| 31/03/2023 | £129k | £91k |
| 31/03/2022 | £84k | £113k |
| 31/03/2021 | £81k | £65k |
Common questions
Is ORMSIDE MILL RESIDENTIAL CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £27,511 for the year ended March 2025, resulting in a decrease in unrestricted reserves from £94,449 to £75,997. The trustees note that the charity is reliant on funding bodies and grants which are typically for limited periods, and recognize that unpredictable circumstances may arise resulting in loss of income. Despite the current deficit, the trustees assert that the charity remains in a stronger financial position than three years ago and has no material uncertainties regarding its ability to continue. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/08/2023 | £10k | Venture Out: Building Young People’s Resilience via Outdoor Adventure Learning |
| Sport England | 23/06/2020 | £7k | COVID-19 CEF |
| The National Lottery Community Fund | 13/06/2019 | £10k | Learning Through Adventure |
| The National Lottery Community Fund | 16/12/2010 | £5k | The All New Ormside Mill Activity Experience |
| The National Lottery Community Fund | 17/11/2008 | £10k | More Activities For All |
| The National Lottery Community Fund | 21/09/2006 | £10k | Ormside Mill Residentail Centre - More Activities for All |