Richard Oatley Trust Number Two
The Richard Oatley Foundation provides funding to small number of specific charities who have a direct impact on the lives of people living and working in Wiltshire and Somerset.Our partner charities operate across a wide spectrum of activities which include farming & agriculture, cancer research & patient support, rural communities, mental wellbeing, and historic buildings & landscapes.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £14,178,690, with no specific reserve policy in place as funds are held to generate income for grant-making. The charity reported a net income of £1,193,603, driven by significant investment gains, and distributed £645,290 in grants, which represented 211% of its incoming resources from investments and property.
What the accounts disclose
“During the year, accountancy services provided by PKF Francis Clark LLP amounted to £47,323. At the balance sheet date the amount due to/from PKF Francis Clark LLP was £Nil. During the year, investment advice provided by Francis Clark Financial Planning Limited amounted to £23,567.” — page 24
“During the year, legal services provided by Mogers Drewett amounted to £41,583. At the balance sheet date the amount due to/from Mogers Drewett LLP was £Nil.” — page 24
“During the year, accountancy services provided by PKF Francis Clark LLP amounted to £47,323. At the balance sheet date the amount due to/from PKF Francis Clark LLP was £Nil. During the year, investment advice provided by Francis Clark Financial Planning Limited amounted to £23,567.” — page 24
“During the year, legal services provided by Mogers Drewett amounted to £41,583. At the balance sheet date the amount due to/from Mogers Drewett LLP was £Nil.” — page 24
Trustees
- Michael John Butlerchair
- FRANK GEOFFREY COLLINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £307k | £764k |
| 31/03/2024 | £324k | £723k |
| 31/03/2023 | £359k | £1.3m |
Common questions
Is Richard Oatley Trust Number Two financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £14,178,690, with no specific reserve policy in place as funds are held to generate income for grant-making. The charity reported a net income of £1,193,603, driven by significant investment gains, and distributed £645,290 in grants, which represented 211% of its incoming resources from investments and property. Its FY2024 accounts were audited by Edwards and Keeping Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 1 | £481k |
| FRIENDS OF THE YEATMAN HOSPITAL | 1 | £88k |
| KARIN BRASS MEMORIAL FUND | 1 | £25k |
| CLARK FOUNDATION | 1 | £6k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- THE OAKDALE TRUST
- GRAHAM ROWLANDSON FOUNDATION
- TY OLWEN TRUST FUND
- Sir Graham Wylie Foundation
- THE OLWYN FOUNDATION
- THE CLIVE RICHARDS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Richard Oatley Trust Number Two | £307k | — | 0 | unclear | — | no doubt |
| THE OAKDALE TRUST | £475k | — | 0 | unclear | — | no doubt |
| GRAHAM ROWLANDSON FOUNDATION | £319k | — | 0 | unclear | — | no doubt |
| TY OLWEN TRUST FUND | £699k | — | 0 | above | — | no doubt |
| Sir Graham Wylie Foundation | £239k | — | — | below | — | no doubt |
| THE OLWYN FOUNDATION | £200k | — | 0 | above | — | no doubt |