Charity Accounts Intelreading the accounts so you don’t have to

OVO

Registered charity 1159409 · accounts filings on the Charity Commission register

to promote and advance the education of the public in the arts, in particular the performing arts.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£689k
Latest spending
£617k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £71,905 for the year, resulting in total net assets of £63,453. However, unrestricted funds are in a deficit of £44,005, while restricted funds stand at £107,458. The trustees confirm the charity has adequate resources to continue as a going concern for at least 12 months.

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

What the accounts disclose

Fundraising cost ratio: 30000.0% of fundraised income — above the 90th percentile for charities its size (median 4.9%)
“The Board aims to hold reserves equal to three months' operating costs in the charity's bank account, in unrestricted funds, as a contingency for normal operating purposes.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £44k; policy: three months' operating costs)
“The Board aims to hold reserves equal to three months' operating costs in the charity's bank account, in unrestricted funds, as a contingency for normal operating purposes.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£689k
Total spending
£617k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2025£689k£617k
31/12/2024£373k£363k
31/12/2023£758k£752k
31/12/2022£542k£502k
31/03/2022£542k£502k

Common questions

Is OVO financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £71,905 for the year, resulting in total net assets of £63,453. However, unrestricted funds are in a deficit of £44,005, while restricted funds stand at £107,458. The trustees confirm the charity has adequate resources to continue as a going concern for at least 12 months. Its FY2025 accounts were independently examined.