Charity Accounts Intelreading the accounts so you don’t have to

OCEAN YOUTH TRUST SOUTH

Registered charity 1079959 · accounts filings on the Charity Commission register · also known as OCEAN YOUTH TRUST (SOUTH)

Latest income
£549k
Latest spending
£509k
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with total reserves of £1,481,132, including £513,350 in unrestricted general funds. Per the trustees' report, the charity aims to maintain free reserves equivalent to three to six months of operating expenses, a target it currently exceeds. The trustees confirmed there is no material uncertainty regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months’ operating expenses (held: £513k)
“The Trust’s policy is to hold free reserves of between three and six months’ operating expenses. Trustees aim towards the upper end of that range.” — page 35
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Ocean Youth Trust South (matched by registered charity number).

Structured financials (annual return, FY ending 31/10/2024)

Total income
£549k
Total spending
£509k
Cost of raising funds
£32k
Reserves (reported)
£513k
Employees
9

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

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

Operates in: Denmark · Finland · Germany · Lithuania · Poland · Sweden · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/10/2024£549k£509k
31/10/2023£584k£452k
31/10/2022£487k£435k
31/10/2021£397k£350k
31/10/2020£366k£411k

Common questions

Is OCEAN YOUTH TRUST SOUTH financially healthy?

The accounts state that the charity ended the year with total reserves of £1,481,132, including £513,350 in unrestricted general funds. Per the trustees' report, the charity aims to maintain free reserves equivalent to three to six months of operating expenses, a target it currently exceeds. The trustees confirmed there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

Who funds OCEAN YOUTH TRUST SOUTH?

Funders whose own accounts filings name OCEAN YOUTH TRUST SOUTH as a grant recipient include THE POINTER FAMILY TRUST, PETER DIXON CHARITABLE TRUST, THE PATRICK & HELENA FROST FOUNDATION, THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS, THE LAMBERT CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE POINTER FAMILY TRUSTFY2024£60k
THE POINTER FAMILY TRUSTFY2022£15k
PETER DIXON CHARITABLE TRUSTFY2023£10k
THE PATRICK & HELENA FROST FOUNDATIONFY2023£10k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2025£2k
THE LAMBERT CHARITABLE TRUSTFY2025£2k
THE LAMBERT CHARITABLE TRUSTFY2024£1k
THE LAMBERT CHARITABLE TRUSTFY2023£1k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE CHARLES LEWIS FOUNDATION1£108k
THE FRANK JACKSON FOUNDATION1£90k
REARDON SMITH NAUTICAL TRUST1£81k
INFRASTRUCTURE INDUSTRY FOUNDATION1£32k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST1£24k
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND1£21k
FAIRY WATER TRUST1£20k
THE VASEPPI TRUST1£20k

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