THE OAKLEA TRUST

Charity number: 1091722
Charity reporting is up to date (3 days late)

Charity overview

Activities - how the charity spends its money

Supporting children and adults with disabilities

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£9,915,162

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Donations and legacies £16.09k
Charitable activities £8.96m
Other trading activities £935.67k
Investments £0
Other £4.76k

Total expenditure:
£9,646,122

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Raising funds £0
Charitable activities £9.65m
Other £0

£0 investments gains (losses)

Total income includes £8,692,226 from 10 government contract(s) and £4,758 from 4 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.

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Raising funds and other expenditure £0
Charitable expenditure £9.65m
Retained for future use £269.04k

People

367 Employee(s)

8 Trustee(s)

11 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1
£80k to £90k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • Disability
  • Accommodation/housing
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Cumbria
  • Durham
  • Lancashire
  • Northumberland

Governance

Registration history:
  • 24 April 2002: Standard registration
  • 29 October 2012: Funds received from 1139373 RIGHT FOCUS
Organisation type:
Charitable company
Other names:
  • THE WATTSFIELD TRUST (Previous name)
Company number:
04416344 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Care Quality Commission
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases 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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Anne Marie Kilkenny Trustee 26 November 2025
None on record
Craig Smith Trustee 01 December 2023
None on record
Derek Ridgway Trustee 03 May 2023
THE TOC H ALISON HOUSE TRUST
Received: On time
MERCIA MS THERAPY CENTRE LTD
Received: On time
THE KENT ESTUARY YOUTH PROJECT (KEY)
Received: On time
THE LUNE RIVERS TRUST
Received: On time
Dr Robin Jeremy Talbot Trustee 03 May 2023
None on record
Dr Philip Henry Smith MBE Trustee 10 November 2021
None on record
Maxine Lorraine Denoual Trustee 06 November 2019
None on record
Linda Adey Trustee 08 November 2017
None on record
Christopher Harris Trustee 08 November 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £7.61m £8.71m £9.35m £9.50m £9.92m
Total expenditure £7.53m £8.32m £9.03m £9.16m £9.65m
Income from government contracts £6.73m £7.55m £8.19m £8.14m £8.69m
Income from government grants N/A £557.70k £321.16k £392.88k £4.76k
Income - Donations and legacies £91.02k £558.04k £2.90k £2.28k £16.09k
Income - Other trading activities £790.93k £603.85k £941.11k £928.68k £935.67k
Income - Charitable activities £6.71m £7.55m £8.41m £8.57m £8.96m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £10.14k £0 £0 £0 £4.76k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £6.76m £7.49m £8.06m £8.31m £9.65m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £15.26k £12.07k £11.47k £0 £3.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £773.20k £827.81k £966.27k £855.04k £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.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £1.06m £1.05m £1.91m £1.96m £2.06m
Long-term investments £0 £0 £0 £0 £0
Other assets £554.21k £1.36m £1.69m £1.73m £1.84m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £897.71k £1.30m £2.17m £1.92m £1.86m

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 2024 03 February 2025 3 days late
Accounts and TAR 31 March 2024 03 February 2025 3 days late Download Open in new window
Annual return 31 March 2023 11 January 2024 On time
Accounts and TAR 31 March 2023 11 January 2024 On time Download Open in new window
Annual return 31 March 2022 12 January 2023 On time
Accounts and TAR 31 March 2022 12 January 2023 On time Download Open in new window
Annual return 31 March 2021 13 January 2022 On time
Accounts and TAR 31 March 2021 25 November 2021 On time Download Open in new window
Annual return 31 March 2020 06 January 2021 On time
Accounts and TAR 31 March 2020 19 November 2020 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.

MEMORANDUM AND ARTICLES INCORPORATED 15/04/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/07/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/03/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/10/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 30/03/2011 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 14 SEP 2018

Charitable objects

A) TO PROMOTE THE RELIEF AND CARE OF PEOPLE WITH LEARNING AND OTHER DISABILITIES, THE ELDERLY OR INFIRM, AND THOSE WHO ARE SOCIALLY DISADVANTAGED WHO NEED ASSISTANCE BY THE PROVISION OF A SUITABLE HOME ENVIRONMENT AND/OR CARE AND SUPERVISION TO ENABLE THEM TO DEVELOP THEIR MENTAL, PHYSICAL AND SPIRITUAL CAPACITY; B) TO ADVANCE EDUCATION OF PEOPLE, IN PARTICULAR THOSE WITH LEARNING DISABILITIES OR WHO ARE SOCIALLY DISADVANTAGED, WHO REQUIRE EDUCATION, SPECIALIST TRAINING AND/OR SUPPORT TO ENABLE THEM TO ENTER EMPLOYMENT, TO ADVANCE IN THEIR EMPLOYMENT OR TO ENTER FURTHER STUDIES; C) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION FOR INDIVIDUALS WHO HAVE NEED FOR SUCH FACILITIES BY REASON OF THEIR LEARNING OR OTHER DISABILITY, YOUTH, AGE, INFIRMITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES AND THE GENERAL PUBLIC WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE; AND D) TO FURTHER SUCH EXCLUSIVELY CHARITABLE AND ANCILLARY PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION DETERMINE FROM TIME TO TIME

Area of benefit

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

NORTHERN ENGLAND

Contact information

Address:
Third Floor - East Wing
Station House
Station Road
Kendal
Cumbria
LA9 6ry
Phone:
01539735025
Email:
enquiries@oakleatrust.co.uk
Website:

oakleatrust.co.uk