OAKDALE HOUSE TRUST
To promote and provide facilities for recreation and health benefits for disadvantaged inhabitants of Luton (Please see annual report for more details)
Objects
TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF LUTON AND ITS IMMEDIATE NEIGHBOURHOOD THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHOHAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE ANDWITH THE OBJECTS OF IMPROVING THE CONDITION OF LIFE FOR THE SAID INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £58,568 (presented as a negative General Fund balance in the Statement of Financial Activities, offset by restricted funds to a positive net asset position of £141,506). The trustees report that the charity relies heavily on volunteers and that specific projects, such as the café and fruit/vegetable initiatives, are self-sufficient with costs covered by sales. The independent examiner confirmed that no material matters came to attention regarding the accounting records or compliance with regulations.
What the accounts disclose
“Oakdale House Trust has restricted reserves for future project expansion and some unrestricted reserves as a security for unexpected expenses.” — page 6
“The purchase was partly funded by a series of unsecured loans from the trustees and members of the Gym. The loans total £164,979 and are interest free.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ZAHIER NAZARchair
- HASEEB AKHTAR
- KAMRAN KHAN
- RASHID NAZAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £67k | £50k |
| 30/11/2024 | £53k | £111k |
| 30/11/2023 | £57k | £56k |
| 30/11/2022 | £66k | £63k |
| 30/11/2021 | £106k | £63k |
Common questions
Is OAKDALE HOUSE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £58,568 (presented as a negative General Fund balance in the Statement of Financial Activities, offset by restricted funds to a positive net asset position of £141,506). The trustees report that the charity relies heavily on volunteers and that specific projects, such as the café and fruit/vegetable initiatives, are self-sufficient with costs covered by sales. The independent examiner confirmed that no material matters came to attention regarding the accounting records or compliance with regulations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 16/06/2020 | £7k | COVID-19 CEF |
| UK government | 18/02/2019 | £9k | Women Side by Side |
| The National Lottery Community Fund | 16/02/2007 | £10k | Ladies Health & Fitness Promotion |