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OVAL LEARNING CLUSTER

Registered charity 1156350 · accounts filings on the Charity Commission register

Latest income
£258k
Latest spending
£242k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity raised £248,821 in income for the year ended 31 March 2024, with unrestricted reserves at year-end standing at £145,814. The trustees confirm that these reserves meet the stated policy requirement of £103,576, indicating a position of financial stability relative to their own targets.

What the accounts disclose

Reserves policy: £103,576 (held: £146k)
“Currently, the reserves requirement is forecast to be £103,5766. At the year end, unrestricted reserves were £145,814 which the trustees are comfortable meets the reserves policy requirement.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity trustees were not paid or received any benefits from employment with the charity in the year (2023: Nil). No charity trustee received payment for professional or other services supplied to the charity (2023: Nil). No payments or reimbursement of travel and subsistence costs were made to any trustees for trustee meetings during the year (2023: Nil). No other amounts were reimbursed to Trustees (2023: £172). No trustee or other person related to the charity had any personal interest in any contractor transaction entered into by the charity during the year (2023: Nil). The trustees delegated day to day running of the Charity to a manager, Anne Roots
“The charity trustees were not paid or received any benefits from employment with the charity in the year (2023: Nil). No charity trustee received payment for professional or other services supplied to the charity (2023: Nil). No payments or reimbursement of travel and subsistence costs were made to any trustees for trustee meetings during the year (2023: Nil). No other amounts were reimbursed to Trustees (2023: £172). No trustee or other person related to the charity had any personal interest in any contractor transaction entered into by the charity during the year (2023: Nil). The trustees delegated day to day running of the Charity to a manager, Anne Roots” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Trustees

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

Operates in: Lambeth

Income and spending

Financial year endIncomeSpending
31/03/2025£258k£242k
31/03/2024£249k£173k
31/03/2023£117k£241k
31/03/2022£382k£279k
31/03/2021£458k£190k

Common questions

Is OVAL LEARNING CLUSTER financially healthy?

The accounts state that the charity raised £248,821 in income for the year ended 31 March 2024, with unrestricted reserves at year-end standing at £145,814. The trustees confirm that these reserves meet the stated policy requirement of £103,576, indicating a position of financial stability relative to their own targets. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund23/02/2021£10k"NL20: Vincent's Treasures"

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