OCEAN YOUTH TRUST NORTH
OYT North aims to develop and educate young people between 12 and 25 years by using the unique and challenging environment of the sea to foster teamwork, social skills and international relations. Participation is open to all young people regardless of background, gender, ethnicity or creed. Every effort is made to encourage and accommodate disabled access within the limits imposed by the boat
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £159,731, which is below the Board's stated policy target of approximately £200,000. The charity reported a net outgoing of resources of £21,080 for the year, driven by expenditure exceeding incoming resources.
What the accounts disclose
“No employee earned over £60,000 during the year.” — page 19
“The Board aims to build a reserve equivalent to the values of James Cook and Lene Sono plus one year's running costs of approximately £200,000.”
Trustees
- David Brown
- Duncan Richard Graham
- Nigel Horne
- Professor Peter Strike
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £233k | £254k |
| 31/10/2024 | £197k | £246k |
| 31/10/2023 | £240k | £202k |
| 31/10/2022 | £263k | £232k |
| 31/10/2021 | £178k | £135k |
Common questions
Is OCEAN YOUTH TRUST NORTH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £159,731, which is below the Board's stated policy target of approximately £200,000. The charity reported a net outgoing of resources of £21,080 for the year, driven by expenditure exceeding incoming resources. Its FY2025 accounts were independently examined.
What does the highest-paid employee of OCEAN YOUTH TRUST NORTH earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds OCEAN YOUTH TRUST NORTH?
Funders whose own accounts filings name OCEAN YOUTH TRUST NORTH as a grant recipient include THE SIR JAMES RECKITT CHARITY, THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS, TEES VALLEY COMMUNITY FOUNDATION, THE SIR TOM COWIE CHARITABLE TRUST, THE LIZ AND TERRY BRAMALL FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 04/09/2025 | £1k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 01/05/2025 | £2k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 23/01/2025 | £1k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 19/12/2024 | £4k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 09/05/2024 | £8k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 11/04/2024 | £2k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 23/03/2023 | £3k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 16/03/2023 | £3k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 23/02/2023 | £3k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 10/02/2023 | £1k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 08/09/2022 | £2k | Grant to Ocean Youth Trust North |
| Community Foundation North East | 24/06/2021 | £3k | A grant to Ocean Youth Trust North |
| Sport England | 11/06/2021 | £23k | COVID-19 Return to Play |
| Sport England | 12/06/2020 | £8k | COVID-19 CEF |
| Community Foundation North East | 15/10/2018 | £500 | High Sheriff of Northumberland Award |
| Community Foundation North East | 12/10/2018 | £500 | Tyne and Wear High Sheriff Award |
| Community Foundation North East | 15/03/2018 | £3k | Sail training for young people from Seaton Sluice |
| Community Foundation North East | 19/12/2017 | £500 | Tyne & Wear High Sheriff Award |
| Community Foundation North East | 16/10/2017 | £500 | Northumberland High Sheriff Award |
| Community Foundation North East | 02/02/2017 | £8k | Towards Personal Development of Young People from the North East |
| Community Foundation North East | 17/01/2017 | £750 | High Sheriff of Northumberland Award 2017 |
| Community Foundation North East | 14/12/2016 | £500 | Tyne and Wear High Sheriff Award 2016-17 |
| Community Foundation North East | 29/03/2016 | £2k | Towards Personal Development of Disadvantaged Young People |
| Community Foundation North East | 16/03/2016 | £2k | Towards Tall Ship participation |
| Community Foundation North East | 09/01/2016 | £750 | High Sheriff of Northumberland Award |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETER DIXON CHARITABLE TRUST | 1 | £105k |
| THE POINTER FAMILY TRUST | 1 | £75k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £60k |
| IMAGINE FOUNDATION | 1 | £52k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £46k |
| OCEAN REGENERATION TRUST | 1 | £39k |
| THE OPENWORK FOUNDATION | 1 | £25k |
| The Leathersellers' Foundation | 1 | £23k |
Charities like this
- OCEAN YOUTH TRUST SOUTH
- YOUTH ADVENTURE TRUST
- YOUTH 2000 CHARITABLE TRUST
- OYA ORGANISATION OF YOUNG AFRICANS
- HITCHIN YOUTH TRUST
- OCEAN YOUTH CONNEXIONS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OCEAN YOUTH TRUST NORTH | £233k | Under £60,000 | 0 | unclear | — | no doubt |
| OCEAN YOUTH TRUST SOUTH | £852k | — | 0 | unclear | 7.0% | no doubt |
| YOUTH ADVENTURE TRUST | £1.0m | — | — | unclear | — | no doubt |
| YOUTH 2000 CHARITABLE TRUST | £239k | — | 0 | unclear | — | no doubt |
| OYA ORGANISATION OF YOUNG AFRICANS | £143k | — | 0 | below | — | no doubt |
| HITCHIN YOUTH TRUST | £265k | — | 0 | unclear | — | no doubt |