FAMILIES OF OCEAN WARD
SOCIAL EVENTS FOR HEART PATIENTS AND SIBLINGS. HARDSHIP FUNDPROVISION OF EQUIPMENT TO PATIENTSPROVISION OF EQUIPMENT TO OCEAN WARD.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted donations decreased to £47,380 from £57,137 in the previous year, while total expenditure fell to £27,826. The charity holds unrestricted reserves of £141,942, which significantly exceeds the trustees' estimated requirement of £20,000 for one year of basic running costs and core support. The trustees note that a decrease in income would impact the charity's operations, highlighting a dependency on continued donor support.
What the accounts disclose
“The majority of this income was generated through donations and fundraising efforts by individuals supporting the charity.” — page 2
“The Trustees currently estimate this to be in the region of £20,000.”
Trustees
- Rachel Carterchair
- Catherine Dalton
- Kelly Luan Sparks
- SAM PRIOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £47k | £28k |
| 05/04/2024 | £57k | £37k |
| 05/04/2023 | £24k | £50k |
| 05/04/2022 | £73k | £21k |
| 05/04/2021 | £27k | £22k |
Common questions
Is FAMILIES OF OCEAN WARD financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted donations decreased to £47,380 from £57,137 in the previous year, while total expenditure fell to £27,826. The charity holds unrestricted reserves of £141,942, which significantly exceeds the trustees' estimated requirement of £20,000 for one year of basic running costs and core support. The trustees note that a decrease in income would impact the charity's operations, highlighting a dependency on continued donor support. Its FY2025 accounts were independently examined.