THE OPEN UNIVERSITY STUDENTS' EDUCATIONAL TRUST

Charity Number: 285189
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

We give grants for course fees and essential study costs to OU students who are in financial difficulty and unable to receive financial assistance from government and university sources.

Income and expenditure

Data for financial year ending 31 July 2024

Total income: £198,769
Total expenditure: £296,250

People

7 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 13 August 1982: Standard registration
Organisation type:
Other
Other names:
  • OUSET (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sarah Jones Trustee 14 March 2025
None on record
Louise Robinson Trustee 01 August 2024
None on record
Sharon O'Kelly Trustee 01 October 2023
None on record
Danielle Smith Trustee 01 August 2022
None on record
Julia McDougall Trustee 01 August 2022
None on record
Michael Bryan Trustee 01 August 2022
None on record
Beth Pacey Trustee 13 July 2022
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Total gross income £76.64k £121.56k £492.47k £811.30k £198.77k
Total expenditure £158.45k £179.38k £323.48k £134.49k £296.25k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £795.63k N/A
Income - Other trading activities N/A N/A N/A £0 N/A
Income - Charitable activities N/A N/A N/A £0 N/A
Income - Endowments N/A N/A N/A £0 N/A
Income - Investment N/A N/A N/A £15.67k N/A
Income - Other N/A N/A N/A £0 N/A
Income - Legacies N/A N/A N/A £659.98k N/A
Expenditure - Charitable activities N/A N/A N/A £134.49k N/A
Expenditure - Raising funds N/A N/A N/A £0 N/A
Expenditure - Governance N/A N/A N/A £8.05k N/A
Expenditure - Grants institution N/A N/A N/A £0 N/A
Expenditure - Investment management N/A N/A N/A £0 N/A
Expenditure - Other N/A N/A N/A £0 N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2024 14 May 2025 On Time
Accounts and TAR 31 July 2024 14 May 2025 On Time Download Open in new window
Annual return 31 July 2023 19 January 2024 On Time
Accounts and TAR 31 July 2023 19 January 2024 On Time Download Open in new window
Annual return 31 July 2022 09 December 2022 On Time
Accounts and TAR 31 July 2022 09 December 2022 On Time Download Open in new window
Annual return 31 July 2021 02 March 2022 On Time
Accounts and TAR 31 July 2021 02 March 2022 On Time Download Open in new window
Annual return 31 July 2020 15 March 2021 On Time
Accounts and TAR 31 July 2020 15 March 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST DATED 22ND MAY 1982 AS AMENDED BY SCHEME DATED 9TH OCTOBER 1992 as amended on 09 Apr 2019

Charitable objects

TO ADVANCE THE EDUCATION OF THE PUBLIC BY ASSISTING OPEN UNIVERSITY STUDENTS WHO ARE PHYSICALLY HANDICAPPED OR IN CONDITION OF NEED, HARDSHIP OR DISTRESS BY THE PROVISION OF AIDS, GRANTS, LOANS OR OTHER MEANS THAT SHALL ASSIST THEIR EDUCATION WITHIN THE UNIVERSITY.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
OUSET
Walton Hall
Walton Hall
Milton Keynes
MK7 6BE
Phone:
01908652026
Email:
ouset@open.ac.uk
Website:

https://www.oustudents.com/support-and-advice/ouset/ Open in new window