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SOFEA

Registered charity 1155783 · accounts filings on the Charity Commission register · also known as SOUTH OXFORDSHIRE FOOD AND EDUCATION ALLIANCE

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Latest income
£3.4m
Latest spending
£3.4m
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit of £66,498 for the year ended 30 June 2024, following a surplus in the previous year. Per the trustees' report, unrestricted reserves improved to £214,871, while restricted funds decreased to £479,461, resulting in total net assets of £694,332.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“Two employees (excluding the Trustees) during the year whose gross pay and benefit (excluding employer NI and pension contributions) fell within the following bands was: £60,001 - £70,000” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“Two employees (excluding the Trustees) during the year whose gross pay and benefit (excluding employer NI and pension contributions) fell within the following bands was: £60,001 - £70,000” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient to maintain ongoing operations and programmes for a set period (held: £215k)
“The Reserve Fund is defined as a designated fund set aside by action of the Board of Trustees. The minimum amount to be designated as Reserve, will be established in an amount sufficient to maintain ongoing operations and programmes for a set period.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Key Management Personnel received remuneration of £392,799.
“During the year, the Key Management personnel received remuneration of £392,799 (2023: £260,177).” — page 33
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Critchleys Audit LLP. Discloses 6 of 6 completeness components.

Public fundraising profile: JustGiving — SOFEA (matched by registered charity number).

Structured financials (annual return, FY ending 30/06/2025)

Total income
£3.4m
Total spending
£3.4m
Reserves (reported)
£500k
Employees
77

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Milton Keynes · Oxfordshire

Income and spending

Financial year endIncomeSpending
30/06/2025£3.4m£3.4m
30/06/2024£3.1m£3.2m
30/06/2023£2.7m£2.7m
30/06/2022£2.7m£2.7m
30/06/2021£2.1m£2.1m

Common questions

Is SOFEA financially healthy?

The accounts state that the charity reported a deficit of £66,498 for the year ended 30 June 2024, following a surplus in the previous year. Per the trustees' report, unrestricted reserves improved to £214,871, while restricted funds decreased to £479,461, resulting in total net assets of £694,332. Its FY2024 accounts were audited by Critchleys Audit LLP.

What does the highest-paid employee of SOFEA earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.