THE OLDHAM ENTERPRISE TRUST CIO
The Trust provides finance through grants. Applicants up to the age of 30 are eligible to apply for grant funding. Applicants aged over 30 are signposted to the Government's Start Up Loan schemeThe Trust also provides opportunities to primary and secondary school children and to students in further and higher education. These focus on employability and entrepreneurship
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £37,978 for the year ended 31 March 2025, reducing its total funds from £110,479 to £72,501. Despite the deficit, the trustees consider the remaining unrestricted reserves of £59,504 to be adequate to meet current commitments and manage financial risk. The charity's financial sustainability is supported by restricted grant funding and the continued development of new funding opportunities.
What the accounts disclose
“holding unrestricted reserves equivalent to approximately three months of operating costs represents an appropriate minimum level. This equates to approximately £20,715.”
Register events
- Received assets from another charity (09/01/2020)
Trustees
- DAVID CHRISTOPHER BENSTEADchair
- DAVID MARK MEREDITH
- Edward Moores
- Francis Leigh Rothwell
- Laura Jane Smart
- Shoab Akhtar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £82k |
| 31/03/2024 | £42k | £89k |
| 31/03/2023 | £26k | £106k |
| 31/03/2022 | £102k | £95k |
| 31/03/2021 | £4k | £65k |
Common questions
Is THE OLDHAM ENTERPRISE TRUST CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £37,978 for the year ended 31 March 2025, reducing its total funds from £110,479 to £72,501. Despite the deficit, the trustees consider the remaining unrestricted reserves of £59,504 to be adequate to meet current commitments and manage financial risk. The charity's financial sustainability is supported by restricted grant funding and the continued development of new funding opportunities. Its FY2025 accounts were independently examined.
Who funds THE OLDHAM ENTERPRISE TRUST CIO?
Funders whose own accounts filings name THE OLDHAM ENTERPRISE TRUST CIO as a grant recipient include THE STOLLER CHARITABLE TRUST, CURIOUS MINDS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE STOLLER CHARITABLE TRUST | FY2022 | £59k | |
| THE STOLLER CHARITABLE TRUST | FY2023 | £21k | |
| CURIOUS MINDS | FY2022 | £0 | LCEP Development |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 23/02/2026 | £15k | SkillsBridge: Path to Success |
| The National Lottery Community Fund | 23/07/2024 | £168k | Oldham for You |
| The National Lottery Community Fund | 07/07/2023 | £10k | The Ideas Factory |