CENTRE FOR OSTEOPATHIC RESEARCH AND EXCELLENCE
We provide affordable osteopathic healthcare and accessible wellness classes to under-invested communities whilst researching the affects of osteopathy on quality of life. We also provide mentoring to new graduate osteopaths and promote drug-free treatments for chronic pain amongst the public and healthcare practitioners.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net profit of £4,398 for the year, yet unrestricted reserves remain in deficit at £96,483 due to historical social investment and government loans. The trustees confirm the charity is a going concern with adequate resources to continue operations for at least twelve months, despite ongoing uncertainty regarding its premises and reduced income from event hires.
What the accounts disclose
“The Trustees have therefore agreed that it is appropriate for the Charity to hold reserves sufficient to meet its essential financial obligations in the event of reduced income or restricted funding. These reserves will be maintained at a level adequate to cover the costs associated with a reduced core staffing structure, key operational overheads, and any restricted fund or loan repayments commitments.” — page 7
“During the year (2024) Daniel Orchard, a trustee, was paid £40,625 (2023: £52,992). Payments were made in respect of his capacity as CEO and manager of the site and not for his service as a trustee.” — page 19
“During the year the Charity used the financial and bookkeeping services of Patrick Orchard who is the brother of Daniel Orchard, CEO and a trustee during the period. All services were provided on arms-length terms.” — page 19
“During the year (2024) Daniel Orchard, a trustee, was paid £40,625 (2023: £52,992). Payments were made in respect of his capacity as CEO and manager of the site and not for his service as a trustee.” — page 19
“During the year the Charity used the financial and bookkeeping services of Patrick Orchard who is the brother of Daniel Orchard, CEO and a trustee during the period. All services were provided on arms-length terms.” — page 19
“During the year (2024) Daniel Orchard, a trustee, was paid £40,625 (2023: £52,992). Payments were made in respect of his capacity as CEO and manager of the site and not for his service as a trustee.” — page 19
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Ash Bavalia
- Daniyal Khan
- Julia Miriam Jones
- Peter Leslie Sharp
- Shruthi John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £325k | £320k |
| 31/12/2023 | £519k | £485k |
| 31/12/2022 | £517k | £553k |
| 31/12/2021 | £499k | £480k |
| 31/12/2020 | £282k | £305k |
Common questions
Is CENTRE FOR OSTEOPATHIC RESEARCH AND EXCELLENCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net profit of £4,398 for the year, yet unrestricted reserves remain in deficit at £96,483 due to historical social investment and government loans. The trustees confirm the charity is a going concern with adequate resources to continue operations for at least twelve months, despite ongoing uncertainty regarding its premises and reduced income from event hires. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | — |
| THE URSULA KEYES TRUST | 1 | £51k |
| Arthritis UK | 1 | £50k |
| THE JAMES TUDOR FOUNDATION | 1 | £48k |
| THE GEOFFREY AND PAULINE MARTIN TRUST | 1 | £45k |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| BOOTS CHARITABLE TRUST | 1 | £10k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £8k |
Charities like this
- ORTHOPAEDIC RESEARCH UK
- THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION
- NEURO THERAPY CENTRE LTD
- SPUC EDUCATION AND RESEARCH TRUST
- HYDE PHYSIOTHERAPY CENTRE
- RESURRECTION LIFE CENTRE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CENTRE FOR OSTEOPATHIC RESEARCH AND EXCELLENCE | £325k | — | 0 | unclear | — | no doubt |
| ORTHOPAEDIC RESEARCH UK | £1.4m | — | — | unclear | — | no doubt |
| THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION | £508k | — | 0 | above | — | no doubt |
| NEURO THERAPY CENTRE LTD | £1.1m | — | — | below | — | no doubt |
| SPUC EDUCATION AND RESEARCH TRUST | £306k | — | 0 | unclear | — | no doubt |
| HYDE PHYSIOTHERAPY CENTRE | £766k | — | 0 | above | — | no doubt |