AURORA OPTIONS

Charity number: 299935
Removed charity

Charity overview

Activities - how the charity spends its money

Provision of accommodation,care,education,theraputic services and leisure opportunities to men and women who have a learning disability.

Income and expenditure

Data for financial year ending 31 March 2021

Total income:
£3,792,712

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £5.27k
Charitable activities £3.65m
Other trading activities £0
Investments £0
Other £139.43k

Total expenditure:
£3,688,880

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £3.69m
Other £0

£0 investments gains (losses)

Total income includes £2,779,407 from 10 government contract(s) and £139,427 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £3.69m
Retained for future use £103.83k

Fundraising

This charity does not raise funds from the public

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

What the charity does:
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Accommodation/housing
Who the charity helps:
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 17 August 1988: Standard registration
  • 20 December 2022: Removed (Amalgamated)
  • 20 December 2022: Funds transferred to 1035083 LEWISHAM NEXUS SERVICE
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
This charity owns and/or leases land or property

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2017 31/03/2018 31/03/2019 31/03/2020 31/03/2021
Total gross income £4.06m £4.21m £4.23m £3.98m £3.79m
Total expenditure £4.03m £4.21m £4.22m £3.97m £3.69m
Income from government contracts £4.03m £2.57m £4.19m N/A £2.78m
Income from government grants £0 N/A N/A N/A £139.43k
Income - Donations and legacies £30.81k £37.83k £34.63k £21.78k £5.27k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £4.03m £4.17m £4.19m £3.96m £3.65m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.69k £0 £0 £0 £0
Income - Other £0 £0 £0 £0 £139.43k
Income - Legacies £30.81k £0 £0 £0 £5.27k
Expenditure - Charitable activities £4.03m £4.21m £4.22m £3.97m £3.69m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £287.45k £0 £0 £0 £289.27k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2017 31/03/2018 31/03/2019 31/03/2020 31/03/2021
Own use assets £73.99k £0 £75.93k £74.45k £73.01k
Long-term investments £0 £77.41k £0 £0 £0
Other assets £1.51m £1.59m £1.68m £1.58m £2.13m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £335.50k £419.22k £501.23k £380.39k £825.19k

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 March 2022 Not submitted
Accounts and TAR 31 March 2022 Not submitted
Annual return 31 March 2021 22 December 2021 On Time
Accounts and TAR 31 March 2021 22 December 2021 On Time
Annual return 31 March 2020 04 February 2021 4 days late
Accounts and TAR 31 March 2020 04 February 2021 4 days late
Annual return 31 March 2019 19 December 2019 On Time
Accounts and TAR 31 March 2019 19 December 2019 On Time

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.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 3RD JUNE 1988 as amended on 03 Dec 2020

Charitable objects

(1) THE PROVISION OF GENERAL SOCIAL CARE TO VULNERABLE ADULTS. (2) TO PROMOTE EDUCATION, EMPLOYMENT, TRAINING AND REHABILITATION OF PERSONS WHO HAVE DEVELOPED INTELLECTUAL OR COGNITIVE DIFFICULTIES OR WHO ARE OTHERWISE IN NEED OF REHABILITATION BY THE PROVISION OF ADULT SOCIAL CARE. (3) TO PROMOTE RESEARCH INTO THE CARE EDUCATION AND REHABILITATION OF SUCH PERSONS AND TO PUBLISH THE USEFUL RESULTS OF THAT RESEARCH. (4) TO PROMOTE OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES.

Area of benefit

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

NOT DEFINED