FAMILIES OF OCEAN WARD
SOCIAL EVENTS FOR HEART PATIENTS AND SIBLINGS. HARDSHIP FUNDPROVISION OF EQUIPMENT TO PATIENTSPROVISION OF EQUIPMENT TO OCEAN WARD.
Objects
1. TO PROMOTE AND PROTECT THE GOOD HEALTH OF AND RELIEVE SICKNESS OF CHILDREN AND YOUNG PERSONS WITH CONGENITAL HEART CONDITIONS WHO ARE TREATED AT SOUTHAMPTON GENERAL HOSPITAL AND LOCATED ACROSS THE SOUTH AND THE SOUTH WEST OF ENGLAND INCLUDING BUT NOT LIMITED TO WEST SUSSEX, THE CHANNEL ISLANDS, HAMPSHIRE AND THE ISLE OF WIGHT, BERKSHIRE AND OXFORDSHIRE BY SUCH ASSISTANCE AND SUPPORT AS THE TRUSTEES THINK FIT.2. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF CONGENITAL HEART DISEASE
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.”
Policies the charity declares
- Financial reserves policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee expenses policy and procedures
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.