OKEHAMPTON FOUNDATION

Registered charity 1210636 · accounts filings on the Charity Commission register · also known as OKEHAMPTON UNITED CHARITIES

Almshouse Branch: Provision of accommodation.United Charity Branch:Annual maintenance grant to St James' Chapel.Advancement of Education.Relief of persons in need, hardship or distress. Relief of persons who are sick, convalescent, disabled or infirm by alleviating their suffering.Promote other charitable purposes for residents in the area of benefit (Okehampton and Hamlets)

Objects

THE OBJECTS OF THE CIO (THE OBJECTS) ARE:(1) (IN RELATION TO THE ALMSHOUSE BRANCH OF THE CIO): THE PROVISION OF ACCOMMODATION FOR PERSONS WHO ARE IN NEED HARDSHIP OR DISTRESS AND ARE RESIDENT IN THE AREA OF BENEFIT;(2) (IN RELATION TO THE UNITED CHARITY BRANCH OF THE CIO): (A) THE PROVISION OF AN ANNUAL MAINTENANCE GRANT TO OKEHAMPTON UNITED ECCLESIASTICAL CHARITY (1077584) OF A MINIMUM OF ?4,500 PER ANNUM, FOR THE UPKEEP OF ST JAMES? CHAPEL, OKEHAMPTON;(B) THE ADVANCEMENT OF EDUCATION:(I) BY THE PROVISION OF SPECIAL BENEFITS TO OKEHAMPTON COLLEGE AND/OR STATE FUNDED PRIMARY SCHOOLS IN THE AREA OF BENEFIT; AND(II) OF YOUNG PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS WHO, OR WHOSE PARENTS OR CARERS, ARE RESIDENT IN THE AREA OF BENEFIT, AND OF OLDER PERSONS WHO ARE RESIDENT IN THE AREA OF BENEFIT, IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT; (C) THE RELIEF OF PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN NEED, HARDSHIP OR DISTRESS; (D) THE RELIEF OF PERSONS RESIDENT IN THE AREA OF BENEFIT IN NEED WHO ARE SICK, CONVALESCENT, DISABLED OR INFIRM, BY ALLEVIATING THEIR SUFFERING OR ASSISTING THEIR RECOVERY; AND(E) TO PROMOTE SUCH OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT AS THE CHARITY TRUSTEES MAY DECIDE.

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

Causes: General Charitable Purposes · Education/training · Disability · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£818k
Latest spending
£630k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted free reserves stood at £328,466 at the end of the year, an increase from £140,900 in the prior period. The trustees consider it prudent to maintain a General Income Fund reserve of £45,000 for working capital purposes. The charity reported a net movement in funds of £187,566 for the year, driven by significant investment income and a legacy receipt.

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

What the accounts disclose

Largest income source: Investments (58% of income)
“Investments 4 471,825 - 471,825 451,793” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £45,000 (held: £328k)
“the trustees consider that it is prudent to maintain a General Income Fund reserve of £45,000 for the purposes of working capital” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees nominated by local councils
“Okehampton Town Council and Okehampton Hamlets Parish Council each have the powers ta nominate two trustees of the Foundation.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Simpkins Edwards Audit LLP. 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.

Property (HM Land Registry)

10 registered titles in England and Wales held by the charity’s company or corporate body (10 freehold); recorded price paid £701k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£818k
Total spending
£630k
Reserves (reported)
£95k
Employees
3

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

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

Register events

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2025£818k£630k

Common questions

Is OKEHAMPTON FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £328,466 at the end of the year, an increase from £140,900 in the prior period. The trustees consider it prudent to maintain a General Income Fund reserve of £45,000 for working capital purposes. The charity reported a net movement in funds of £187,566 for the year, driven by significant investment income and a legacy receipt. Its FY2025 accounts were audited by Simpkins Edwards Audit LLP.