Ousa Limited

Registered charity 1196573 · accounts filings on the Charity Commission register · also known as EFT LONDON

Ousa Limited advances education of the public through the provision of innovative information technology training relating to software development, telecommunications and coding.

Objects

THE OBJECTS OF THE CHARITY ARE TO ADVANCE EDUCATION IN INFORMATION TECHNOLOGY FOR THE PUBLIC BENEFIT IN SUCH WAYS AS THE TRUSTEES THINK FIT INCLUDING BUT NOT LIMITED TO THE ESTABLISHMENT, MAINTENANCE AND OPERATION OF TRAINING CENTRES AND THE PROVISION OF COURSES TO TEACH INFORMATION TECHNOLOGY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£594k
Latest spending
£1.6m
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net deficit of £1,035,530, resulting in total unrestricted funds falling to a negative balance of £1,843,117. The trustees report that future funding is insufficient to sustain physical operations, leading to a decision to cease the physical centre and reassess the viability of remaining activities. Despite these challenges, the trustees consider the charity able to meet its obligations as they fall due over the next 12 months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £72,000 — in the top quarter for charities its size (median £60k)
“Included in expenditure is £72,000 (2024 - £72,000) of salary paid to L C M S de Pontes, a Trustee.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The average number of employees, including the Trustees, during the year was 5 (2024 - 5). Included in expenditure is £72,000 (2024 - £72,000) of salary paid to L C M S de Pontes, a Trustee.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: set aside funds for special purposes or as reserves against future expenditure (held: £-1.8m)
“The Charity's policy is to set aside funds for special purposes or as reserves against future expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Following the year end, the Trustees determined that the funds available and expected future funding would not be sufficient to sustain the Charity’s physical training centre operations. As a result, the Trustees made the decision to cease the physical centre and significantly reduce the Charity’s cost base. The Charity has continued certain activities remotely on a limited basis, and the Trustees are actively reassessing the viability of these activities.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: L C M S de Pontes received £72,000 in salary.
“Included in expenditure is £72,000 (2024 - £72,000) of salary paid to L C M S de Pontes, a Trustee.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from trustee's close relative
“At the balance sheet date, included in other loans, is an amount of £2,480,000 (2024: £2,480,000) owed to a Trustees close relative. The loan carries an interest rate of SONIA pro-rata-die and £324,324 (2024: £196,926) of interest is included in accruals at the year end.” — page 23
“During the year, cash donations of £nil (2024 - £2,239,117) were received from entities controlled by a Trustee's close relative.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustee's close relative
“At the balance sheet date, included in other loans, is an amount of £2,480,000 (2024: £2,480,000) owed to a Trustees close relative. The loan carries an interest rate of SONIA pro-rata-die and £324,324 (2024: £196,926) of interest is included in accruals at the year end.” — page 23
“During the year, cash donations of £nil (2024 - £2,239,117) were received from entities controlled by a Trustee's close relative.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£594k
Total spending
£1.6m
Reserves (reported)
£918k
Employees
5

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£594k£1.6m
30/06/2024£2.3m£2.0m
30/06/2023£265k£1.7m
30/06/2022£430k£123k

Common questions

Is Ousa Limited financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £1,035,530, resulting in total unrestricted funds falling to a negative balance of £1,843,117. The trustees report that future funding is insufficient to sustain physical operations, leading to a decision to cease the physical centre and reassess the viability of remaining activities. Despite these challenges, the trustees consider the charity able to meet its obligations as they fall due over the next 12 months. Its FY2025 accounts were independently examined.

What does the highest-paid employee of Ousa Limited earn?

Per its FY2025 accounts, the highest-paid employee was in the £72,000 band, and 1 employees earned over £60,000.