THE FRIENDS OF OCTAVIA
Providing help to the tenants of Octavia Housing and Care
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,747,856, with the trustees maintaining that reserves are sufficient to continue activities on a similar basis. The charity reported a net income surplus of £69,405 for the year, driven by investment gains and income, while expenditure on charitable activities and support costs totalled £56,674.
What the accounts disclose
“The Council does not feel that it is exposed to operational risks of the sort that would require or be ameliorated by emergency expenditure. The Company maintains a level of reserves sufficient to enable its activities to be continued on a similar basis to that of previous years.” — page 5
Trustees
- BRIDGET MARY CLARKEchair
- CAROLINE ROSEMARY BAILEY
- GLEN BOR
- MARTIN COURTENAY CLARKE
- VIVIENNE SIMPSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £67k | £57k |
| 31/03/2024 | £66k | £51k |
| 31/03/2023 | £67k | £62k |
| 31/03/2022 | £53k | £50k |
| 31/03/2021 | £63k | £42k |
Common questions
Is THE FRIENDS OF OCTAVIA financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,747,856, with the trustees maintaining that reserves are sufficient to continue activities on a similar basis. The charity reported a net income surplus of £69,405 for the year, driven by investment gains and income, while expenditure on charitable activities and support costs totalled £56,674. Its FY2025 accounts were independently examined.