OAKENSHAW COMMUNITY ASSOCIATION
To benefit residents of Oakenshaw and surrounding area without distinction of sex, sexual orientation, race or of political, religious or other opinions to advance education and to provide facilities in the interest of social welfare for recreation and leisure-time occupation to promote other charitable objects for the benefit of the community
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were £7,792 against a policy target of three to six months' expenditure, which is below the stated policy minimum. However, the charity holds significant restricted funds of £131,179 and reports that overall funds are healthy, supported by £30,000 in wind turbine income.
What the accounts disclose
“Income from the turbine of £30,000 was paid into the Barclays account in June.”
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 7
“During the year, the association incurred costs totalling £6,328 in relation to works completed by a company owned by the deputy chair of the trustees. The trustees determined that these transactions were at market rate and were approved by a majority of trustees at a committee meeting. There were no other related party transactions during the year.” — page 20
Trustees
- Rosina Karen Taylorchair
- Deborah Corbett
- Leanne Hopper
- Racheal Tervit
- Sally Corbett
- Thomas Lightfoot Sharp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £17k |
| 31/03/2024 | £33k | £35k |
| 31/03/2023 | £32k | £17k |
| 31/03/2022 | £47k | £75k |
| 31/03/2021 | £39k | £17k |
Common questions
Is OAKENSHAW COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were £7,792 against a policy target of three to six months' expenditure, which is below the stated policy minimum. However, the charity holds significant restricted funds of £131,179 and reports that overall funds are healthy, supported by £30,000 in wind turbine income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/09/2019 | £8k | The Oakenshaw Community Project |