OCEAN STARS TRUST
TO RELIEVE SUFFERING AMONG DISADVANTAGED SRI LANKAN PEOPLE. WE AIM TO DO THIS BY PROVIDING THE PEOPLE WITH THE SKILLS NECESSARY TO REBUILD THEIR LIVES.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a deficit of £9,727, resulting in total funds decreasing to £20,742. The trustees report that unrestricted reserves of £10,503 fell below the stated policy target of £17,000, although they consider the year-end position to be materially in line with requirements for the coming year.
What the accounts disclose
“At 30 April 2025 the charity held unrestricted general and designated funds of £10,503, falling below the reserves policy.”
“The charity has one wholly owned subsidiary, JAYDD Limited (registered company number 10346019). The subsidiary is used for non-primary purpose trading activities.” — page 11
Trustees
- JOHN STUART BUNTERchair
- Abdul Basith Rafeekin
- Cameron Williams
- JANINE DUNBAR
- JOANNA ELIZABETH BARTON
- Rachel Angel
- Sharron Jayne Marsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £107k | £117k |
| 30/04/2024 | £135k | £126k |
| 30/04/2023 | £113k | £118k |
| 30/04/2022 | £105k | £118k |
| 30/04/2021 | £91k | £72k |
Common questions
Is OCEAN STARS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a deficit of £9,727, resulting in total funds decreasing to £20,742. The trustees report that unrestricted reserves of £10,503 fell below the stated policy target of £17,000, although they consider the year-end position to be materially in line with requirements for the coming year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITFORD BRIDGE TRUST | 1 | £310k |
| CHK Foundation | 1 | £175k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £165k |
| ST ALDHELM'S CHAPEL TRUST | 1 | £100k |
| WISEHEIGHTS LIMITED | 1 | £72k |
| TZEDOKOH VECHESED LIMITED | 1 | £45k |
| EAST END COMMUNITY FOUNDATION | 1 | £44k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £38k |
Charities like this
- OCEAN REGENERATION TRUST
- The Trust Foundation
- The Disabled Sailors Association
- MORNING STAR TRUST
- PROJECT MALA CHARITABLE TRUST
- EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OCEAN STARS TRUST | £107k | — | 0 | below | — | no doubt |
| OCEAN REGENERATION TRUST | £149k | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £3.0m | — | 0 | unclear | — | no doubt |
| The Disabled Sailors Association | £775k | — | 0 | unclear | — | no doubt |
| MORNING STAR TRUST | £295k | — | 0 | below | — | no doubt |
| PROJECT MALA CHARITABLE TRUST | £224k | — | 0 | unclear | — | no doubt |