THE OLDHAM FOUNDATION

Registered charity 269263 · accounts filings on the Charity Commission register

The objects of the Charity are wide and the Trustees may pay, or apply, both capital and income for such charitable purposes as they, in their absolute discretion, think fit. The Trust does however give particular consideration to the support of former employees of Oldham International Limited, its subsidiary companies and staff of the Oldham family.

Objects

TO PAY OR APPLY THE INCOME OR THE CAPITAL FOR OR TOWARDS ANY CHARITABLE PURPOSES OR OBJECTS AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT BUT IN PARTICULAR TO RELIEVE THE POVERTY AMONGST PERSONS WHO ON THE 8TH JANUARY 1972 OR EARLIER WERE IN THE EMPLOYMENT OF 1) OLDHAM INTERNATION LTD OR SUBSIDIARY COMPANIES 2) THE LATE JOHN OLDHAM 3) THE LATE ENID DORIS OLDHAM 4) ORLANDO OLDHAM AND THE SPOUSES WIDOWS, WIDOWERS, CHILDREN REMOTER ISSUE AND OTHER DEPENDANTS OF SUCH EMPLOYEES BY MAKING PROVISION BY WAY OF GRANTS LOANS ANNITIES PENSIONS OR BY MEETING HOSPITAL MEDICAL OR OTHER EXPENSES

Area of benefit: NOT DEFINED

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 · Get email alerts

Latest income
£45k
Latest spending
£107k
Registered
1975
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £61,710, resulting in a decrease in total funds of £87,766. To cover this deficit, the trustees transferred £61,710 from capital funds, maintaining unrestricted funds at £787,726. The trustees confirm there are no material uncertainties regarding the charity's ability to continue its activities.

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

What the accounts disclose

Reserves policy: meet charitable expenditure from incoming resources (held: £788k)
“The trustees' policy is to meet charitable expenditure from incoming resources. If a deficit arises, this will be cleared by way of a transfer from capital funds.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£45k£107k
05/04/2024£44k£89k
05/04/2023£44k£71k
05/04/2022£57k£87k
05/04/2021£36k£70k

Common questions

Is THE OLDHAM FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £61,710, resulting in a decrease in total funds of £87,766. To cover this deficit, the trustees transferred £61,710 from capital funds, maintaining unrestricted funds at £787,726. The trustees confirm there are no material uncertainties regarding the charity's ability to continue its activities. Its FY2025 accounts were independently examined.