OSTRO FAYRE SHARE FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £1,083,708, representing a net movement in funds of £71,613 for the year. The Trustees consider the financial position satisfactory and maintain that assets are sufficient to meet future obligations. The charity operates on a going concern basis with no material uncertainties identified by the auditors.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a level which the Trustees consider sufficient to support existing programmes and commitments.” — page 4
“Included in Donations is a gift in kind with a value of £281,900 in respect of office space, from a family Trust, where one of the beneficiaries is also a Trustee of the Ostro Fayre Share Foundation.” — page 16
“Also included in Donations is a gift in kind with a value of £50,000 in respect of provision of staff, from a Company where the director is also a Trustee of OstroFayre Share Foundation.” — page 16
“Included in Donations is a gift in kind with a value of £281,900 in respect of office space, from a family Trust, where one of the beneficiaries is also a Trustee of the Ostro Fayre Share Foundation.” — page 16
“Also included in Donations is a gift in kind with a value of £50,000 in respect of provision of staff, from a Company where the director is also a Trustee of OstroFayre Share Foundation.” — page 16
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MAURICE OSTROchair
- KATY OSTRO
- Tamara Rachel Ostrowiecki
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £711k | £707k |
| 31/12/2023 | £826k | £903k |
| 31/12/2022 | £1.3m | £1.3m |
| 31/12/2021 | £1.8m | £1.8m |
| 31/12/2020 | £831k | £922k |
Common questions
Is OSTRO FAYRE SHARE FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,083,708, representing a net movement in funds of £71,613 for the year. The Trustees consider the financial position satisfactory and maintain that assets are sufficient to meet future obligations. The charity operates on a going concern basis with no material uncertainties identified by the auditors. Its FY2022 accounts were audited by Sopher + Co LLP.