THE OCEAN TRUST

Registered charity 1206142 · accounts filings on the Charity Commission register

Causes: Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£145k
Latest spending
£33k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £112,181 for the year, resulting in total funds of £121,539. The trustees confirm that free unrestricted reserves of £36,794 exceed the policy target of approximately £14,500, indicating adequate financial resilience. The financial statements were prepared on a going concern basis with no material uncertainties identified.

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

What the accounts disclose

Largest income source: Sheba Global Funding (78% of income)
“largely comprising a restricted donation of £113,861 from Sheba Global Funding”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: approximately one-tenth of its annual income (held: £37k)
“The charity aims to hold free reserves equivalent to approximately one-tenth of its annual income. At 30 November 2025, this equated to a target of approximately £14,500.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to The Ocean Trust Kenya, whose trustees are also trustees of the charity.
“Grants of £28,219 were paid to The Ocean Trust Kenya (2024: £1,671). The trustees of The Ocean Trust Kenya are trustees of the charitable company.” — page 13
“During the year donations of £20,000 were received from a trustee (2024: £25,001).” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation received from a trustee.
“Grants of £28,219 were paid to The Ocean Trust Kenya (2024: £1,671). The trustees of The Ocean Trust Kenya are trustees of the charitable company.” — page 13
“During the year donations of £20,000 were received from a trustee (2024: £25,001).” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amount owed to a trustee for reimbursing expenses.
“Grants of £28,219 were paid to The Ocean Trust Kenya (2024: £1,671). The trustees of The Ocean Trust Kenya are trustees of the charitable company.” — page 13
“During the year donations of £20,000 were received from a trustee (2024: £25,001).” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

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

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

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

Operates in: Kenya

Income and spending

Financial year endIncomeSpending
30/11/2025£145k£33k
30/11/2024£28k£18k

Common questions

Is THE OCEAN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £112,181 for the year, resulting in total funds of £121,539. The trustees confirm that free unrestricted reserves of £36,794 exceed the policy target of approximately £14,500, indicating adequate financial resilience. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.

Who funds THE OCEAN TRUST?

Funders whose own accounts filings name THE OCEAN TRUST as a grant recipient include MATTHEW GOOD FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MATTHEW GOOD FOUNDATIONFY2024£3k