Overall GiG Score: 0 ?
Finance Score: -3
Governance Score: 3
Support Score: 0
  • Spending falling: -1
  • Multiple Deficits: -2
  • No PartB
  • Good trustee age range: +3
  • Dynamic board: +3
  • All male board: -3
  • No supporters identified

OCEAN REGENERATION TRUST 

To develop the capacity and skills of members of socially and economically disadvantaged communities in particular (but not limited to) those living on the Ocean Estate in the Borough of Tower Hamlets in such a way that they are better able to identify and help meet their needs and to participate more fully in society.
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is completely male

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Spending has fallen significantly over the last 5 years relative to the previous period
  • On several occasions in recent years income has been less than spending
Established: 11 years
(15 years as a company)

www.oceanregeneration.org.uk

info@oceanregeneration.org.uk

02077803119

Charity Commission for England and WalesCompanies House

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£241£139£103n/an/an/an/an/a10
31/03/22?£204£156£49n/an/an/an/an/a0
28/05/21£131£166£-35n/an/an/an/an/a0
28/05/20£202£265£-63n/an/an/an/an/a0
28/05/19£196£263£-67n/an/an/an/an/a0
28/05/18£191£238£-47£0£0£0n/a00
28/05/17£212£194£18£0£0£0n/a00
28/05/16£235£214£22£0£0£0n/a00
28/05/15*£124£127£-3£0£0£0n/a00
28/05/14£179£124£55£0£0£0n/a00
28/05/13*£150£73£78£0£0£0n/a00

Highest pay bracket: less than £60,000
What it does
  • Economic/Community Development/Employment
  • General Charitable Purposes
Who works here?
  • 10 volunteers
Who it helps
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
How it operates
  • Makes Grants to Organisations
  • Other charitable activities
Where it operates
  • Tower Hamlets,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

Age Range of Trustees: 34-79
  • SEAN BAINE (Chair) Appointed: 2013, Occupation: Not Applicable
Legal constitution
  • Charitable company registered in England & Wales on 02/05/2013, number: 1151871
  • Registered at Companies House on 28/05/2008, number: 06604161
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • 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
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
11 returns made; AR15: 32 days late, AR13: 223 days late,
Main office

HARFORD STREET MULTICENTRE
115 HARFORD STREET
LONDON
E1 4FG

Objectives

THE OBJECTS OF THE CHARITY ARE TO PROMOTE COMMUNITY CAPACITY BUILDING AND TO ADVANCE ANY OTHER PURPOSE OR PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES FROM TIME TO TIME SEE FIT.COMMUNITY CAPACITY BUILDING MEANS DEVELOPING THE CAPACITY AND SKILLS OF THE MEMBERS OF SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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