CENTRE FOR OSTEOPATHIC RESEARCH AND EXCELLENCE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net profit of £34,393 for the year, yet total unrestricted reserves remain in deficit at £101,233. Per the trustees' report, the charity is navigating significant economic constraints and has reduced staffing costs to the bare minimum to ensure longevity while seeking alternative funding streams.
What the accounts disclose
“During the year (2023) Daniel Orchard, a trustee, was paid £52,992” — page 19
“as at YE FY 23, we still do not have the reserves adequate for 3 months general fund expenditure.”
“The board continues to closely monitor the financial requirements of CORE in order to deliver on our mission statement of making osteopathy available to all and is confident that we remain a financially viable going concern for the foreseeable future.” — page 14
“During the year (2023) Daniel Orchard, a trustee, was paid £52,992 (2022: £59,950). 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 bookkeeeping services of Patrick Orchard who is the brother of Daniel Orchard, a trustee. All services were provided on arms-length terms.” — 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?
The accounts state that the charity reported a net profit of £34,393 for the year, yet total unrestricted reserves remain in deficit at £101,233. Per the trustees' report, the charity is navigating significant economic constraints and has reduced staffing costs to the bare minimum to ensure longevity while seeking alternative funding streams. Its FY2023 accounts were independently examined.
What does the highest-paid employee of CENTRE FOR OSTEOPATHIC RESEARCH AND EXCELLENCE earn?
Per its FY2023 accounts, the highest-paid employee was in the £50,001 - £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LORD FARINGDON CHARITABLE TRUST | 2 | £5k |
| PROJECT GIVING BACK | 1 | £84k |
| Arthritis UK | 1 | £50k |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £25k |
| CYSTIC FIBROSIS TRUST | 1 | £25k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 1 | £20k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £20k |