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O&T Foundation

Registered charity 1192569 · accounts filings on the Charity Commission register · also known as CHANCERYGATE FOUNDATION

TO ADVANCE IN LIFE AND RELIEVE THE NEEDS OF YOUNG PEOPLE FROM ETHNIC MINORITIES WHO ARE SOCIALLY AND/OR ECONOMICALLY DISADVANTAGED, THROUGH: A)THE PROVISION OF GRANTS TO ATTEND A UNIVERSITY IN ORDER TO FOLLOW A PATH INTO EMPLOYMENT IN THE PROPERTY SECTOR; B)PROVIDING AND/OR ASSISTING IN PROCURING WORK EXPERIENCE AND INTERNSHIPS TO STUDENTS ELIGIBLE FOR A GRANT BY THE CIO; C)PROVIDING SUPPORT AND A

Causes: Education/training · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£110k
Latest spending
£103k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £149,128 at year-end, funded by a £100,000 annual grant from Chancerygate Limited and bank interest. The Trustees report adequate resources for the foreseeable future, with no stated reserves policy target against which to measure financial health.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient capital funds at a level which they judge to be necessary to meet Chancerygate Foundation’s objectives and financial obligations to third parties (held: £149k)
“The Trustees policy is to maintain sufficient capital funds at a level which they judge to be necessary to meet Chancerygate Foundation’s objectives and financial obligations to third parties.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Chancerygate Limited incurred £10,000 for personnel costs for the running of the Foundation, recognised as donated services.
“Chancerygate Limited incurred £10,000 for the personnel costs for the running of the Foundation during the year which has been recognised as a donated service.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£110k£103k
31/12/2023£100k£68k
31/12/2022£106k£65k
31/12/2021£105k£37k

Common questions

Is O&T Foundation financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased to £149,128 at year-end, funded by a £100,000 annual grant from Chancerygate Limited and bank interest. The Trustees report adequate resources for the foreseeable future, with no stated reserves policy target against which to measure financial health. Its FY2024 accounts were independently examined.