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.

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 reported a net deficit of £1,035,530, resulting in total unrestricted funds falling to a negative balance of £1,843,117. The trustees note that future funding is insufficient to sustain physical operations, leading to a decision to cease the physical centre and reduce the cost base. Despite these risks, 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: £60,001 - £70,000 — above the median for charities its size (£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
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. — 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.

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).

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 reported a net deficit of £1,035,530, resulting in total unrestricted funds falling to a negative balance of £1,843,117. The trustees note that future funding is insufficient to sustain physical operations, leading to a decision to cease the physical centre and reduce the cost base. Despite these risks, 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 £60,001 - £70,000 band, and 1 employees earned over £60,000.