OMEGA COMMUNITY LIVING LIMITED
Support for clients with Mental Health
Latest income
£764k
Latest spending
£732k
Registered
2006
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £64,848, which is above the trustees' stated policy target of holding a minimum of three months' running costs in reserve. The charity reported a net surplus of £31,995 for the year, with gross income of £763,911 and total charitable expenditure of £731,916.
What the accounts disclose
Reserves policy: three months running costs (held: £65k)
“The trustees aim to hold a minimum of three months running costs in reserve at any point in time.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/11/2024)
Total income
£764k
Total spending
£732k
Reserves (reported)
£65k
Employees
12
Trustees
- ADEBAYO AWOSIKA
- YVONNE DAWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £764k | £732k |
| 30/11/2023 | £759k | £733k |
| 30/11/2022 | £780k | £763k |
| 30/11/2021 | £721k | £760k |
| 30/11/2020 | £557k | £547k |
Common questions
Is OMEGA COMMUNITY LIVING LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £64,848, which is above the trustees' stated policy target of holding a minimum of three months' running costs in reserve. The charity reported a net surplus of £31,995 for the year, with gross income of £763,911 and total charitable expenditure of £731,916. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/03/2019 | £10k | Bringing together our community |
| The National Lottery Community Fund | 19/02/2010 | £10k | Growing Health Project |
| The National Lottery Heritage Fund | 16/03/2007 | £49k | "Sharing our Heritage" |
| The National Lottery Community Fund | 21/12/2004 | £5k | Training Manual |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | 2 | £3.5m |
| OXFORD ROUND TABLE CHARITABLE TRUST | 1 | — |
| THE STONE FAMILY FOUNDATION | 1 | £587k |
| THE JD FOUNDATION | 1 | £561k |
| VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED | 1 | £96k |
| YOUNG CAMDEN FOUNDATION | 1 | £51k |
| BERKSHIRE COMMUNITY FOUNDATION | 1 | £27k |
| NETHERTHORPE AND UPPERTHORPE COMMUNITY ALLIANCE | 1 | £9k |
Charities like this
- OXFORDSHIRE MIND
- ONGO COMMUNITIES LIMITED
- SAVE ONE LIFE
- OBLONG LTD
- HAMPSTEAD COMMUNITY ACTION LIMITED
- SHEFFIELD MIND LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OMEGA COMMUNITY LIVING LIMITED | £764k | — | 0 | unclear | — | no doubt |
| OXFORDSHIRE MIND | £7.0m | — | — | above | — | no doubt |
| ONGO COMMUNITIES LIMITED | £1.9m | — | 0 | unclear | — | no doubt |
| SAVE ONE LIFE | £1.2m | — | 0 | unclear | — | no doubt |
| OBLONG LTD | £285k | — | 0 | unclear | — | no doubt |
| HAMPSTEAD COMMUNITY ACTION LIMITED | £421k | — | 0 | below | — | noted |