The Olympia Charitable Trust
Each year the charity provides support to charities and organisations within the Borough of Hammersmith and Fulham and in the Royal Borough of Kensington and Chelsea. The primary focus of the trust is to benefit young people with an emphasis on education, health and personal development (which includes the arts and sports).
Objects
THE OBJECT OF THE CHARITY IS THE PROMOTION OF CHARITABLE PURPOSES, INCLUDING1) THE RELIEF OF PERSONS IN NEED, HARDSHIP, SICKNESS OR DISTRESS2) THE FURTHERANCE OF EDUCATION3) THE PROVISION IN THE INTERESTS OF SOCIAL WELFARE OF RECREATIONAL FACILITIES4) THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION5) THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT AND PROVISION OF TRAINING, ESPECIALLY AMONG UNEMPLOYED PEOPLE; AND6) THE PROTECTION OR CONSERVATION FOR THE PUBLIC BENEFIT OF THE ENVIRONMENT;IN ANY AREA BUT IN PARTICULAR IN THE LONDON BOROUGHS OF HAMMERSMITH & FULHAM AND KENSINGTON & CHELSEA TOGETHER THE OBJECTS
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £10,140, supported by £35,000 in grant funding received from a related party. The charity made grants totaling £27,540 and incurred no administration costs as these were borne by a connected company. The filing confirms the accounts were prepared on a going concern basis with no audit required.
What the accounts disclose
“Company donation — Olympia Management Services Limited 35,000 35,000” — page 8
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Aarien Uday Om Areti
- Alexander Neil Lewis
- Andrew Jeremiah O'Sullivan
- Andrew Thorpe
- Hannah Rose-Marie Durling
- Louise Page-Jennings
- Paolo Renzo Sedazzari
- Vanessa Elizabeth Eden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £28k |
| 31/12/2023 | £35k | £36k |
| 31/12/2022 | £8k | £6k |
| 31/12/2021 | £0 | £1k |
| 31/12/2020 | £0 | £5k |
Common questions
Is The Olympia Charitable Trust financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £10,140, supported by £35,000 in grant funding received from a related party. The charity made grants totaling £27,540 and incurred no administration costs as these were borne by a connected company. The filing confirms the accounts were prepared on a going concern basis with no audit required.