OCEAN REGENERATION TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £252,528 to £186,752, resulting in a net outgoing of resources for the year. The charity maintains a reserves policy target of three to six months' expenditure, which the trustees acknowledge is currently considered high for the organisation's size. The independent examiner reported no matters requiring attention, indicating the accounts comply with applicable standards.
What the accounts disclose
Trustees
- EDDIE DEMETRIUS STRIDE
- Faizah Siddiqua
- Gladys Grant
- MICHAEL JAMES TYRRELL
- Nurjahan Bibi
- Rehana Alom
- Sarah Hasan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £149k | £232k |
| 31/03/2024 | £164k | £230k |
| 31/03/2023 | £241k | £139k |
| 31/03/2022 | £204k | £156k |
| 28/05/2021 | £131k | £166k |
Common questions
Is OCEAN REGENERATION TRUST financially healthy?
The accounts state that unrestricted reserves decreased from £252,528 to £186,752, resulting in a net outgoing of resources for the year. The charity maintains a reserves policy target of three to six months' expenditure, which the trustees acknowledge is currently considered high for the organisation's size. The independent examiner reported no matters requiring attention, indicating the accounts comply with applicable standards. Its FY2024 accounts were independently examined.
Who funds OCEAN REGENERATION TRUST?
Funders whose own accounts filings name OCEAN REGENERATION TRUST as a grant recipient include EAST END COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| EAST END COMMUNITY FOUNDATION | FY2024 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Point North Community Foundation | 1 | £882k |
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |
| REARDON SMITH NAUTICAL TRUST | 1 | £81k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £24k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £10k |
| THE CLARE MILNE TRUST | 1 | £10k |
| THE GOSLING FOUNDATION LIMITED | 1 | £10k |