OCEAN REGENERATION TRUST

Registered charity 1151871 · accounts filings on the Charity Commission register

To develop the capacity and skills of members of socially and economically disadvantaged communities in particular (but not limited to) those living on the Ocean Estate in the Borough of Tower Hamlets in such a way that they are better able to identify and help meet their needs and to participate more fully in society.

Objects

THE OBJECTS OF THE CHARITY ARE TO PROMOTE COMMUNITY CAPACITY BUILDING AND TO ADVANCE ANY OTHER PURPOSE OR PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES FROM TIME TO TIME SEE FIT.COMMUNITY CAPACITY BUILDING MEANS DEVELOPING THE CAPACITY AND SKILLS OF THE MEMBERS OF SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Tower Hamlets, London, England (from the postcode on the register)

Latest income
£149k
Latest spending
£232k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a technical deficit of £83,701 for the year ended 31 March 2025, primarily due to delayed income transfers from the Local Authority. Despite this, the charity holds unrestricted reserves of £103,051 and confirms it remains a going concern with sufficient cash to meet liabilities. The trustees attribute the deficit to the timing difference between recognizing expenditure and receiving cash-based income.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 3–6 months of operating costs (reserves figure: £103k)
“While the Trust generally aims to hold 3–6 months of operating costs, the Board has designated the current fund balance to serve as a Strategic Liquidity Buffer.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Government income: £55,000 — contracts £55,000 (1); 37% of the £148,796 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2024

  • Government income: £58,834 — grants £58,834 (4); 36% of the £163,963 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2023

  • Volunteers: 10
  • Government income: £60,329 — grants £60,329 (3); 25% of the £241,374 total gross income on the same return
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Tower Hamlets

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The accounts state that the charity reported a technical deficit of £83,701 for the year ended 31 March 2025, primarily due to delayed income transfers from the Local Authority. Despite this, the charity holds unrestricted reserves of £103,051 and confirms it remains a going concern with sufficient cash to meet liabilities. The trustees attribute the deficit to the timing difference between recognizing expenditure and receiving cash-based income. Its FY2025 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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
EAST END COMMUNITY FOUNDATIONFY2023£18kSupport for Older People
EAST END COMMUNITY FOUNDATIONFY2024£10kTackling pensioner poverty
EAST END COMMUNITY FOUNDATIONFY2023£6kConnection Cafe
EAST END COMMUNITY FOUNDATIONFY2023£5kOcean Women’s Peer Support Group
EAST END COMMUNITY FOUNDATIONFY2023£5kOcean Walkers & Cycling Hub
EAST END COMMUNITY FOUNDATIONFY2025£4kYouth club
EAST END COMMUNITY FOUNDATIONFY2023£495Coronation Celebration Event

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with OCEAN STARS TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OCEAN REGENERATION TRUST£149k—0unclear—no doubt
OCEAN STARS TRUST FY2025£107k—0below—no doubt
Ocean Generation FY2025£705kover £60,0001below—no doubt
OCEAN YOUTH CONNEXIONS FY2025£193k—0unclear—noted
THE WEST END COMMUNITY TRUST FY2026£45k——above—no doubt
THE OCEAN TRUST FY2025£145k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.