Overall GiG Score: 16 ?
Finance Score: 2
Governance Score: 6
Support Score: 8
  • Poor Liquidity: -1
  • Strong growth: +2
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +8

OARSOME CHANCE 

Provide opportunities and experiences of skiff and boat building ,indoor and on the water coastal skiff rowing, to those that for reasons of youth, ability or circumstance would not otherwise have access to these activities. Create a ?pathway to change? for disadvantaged 11-22 year olds to improve health, fitness, well-being and employability.Foster community rowing activity.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • 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:

  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Income was significantly lower than spending in the latest year
Established: 8 years

www.oarsomechance.org

paul.napthine@oarsomechance.org

02392 504492

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

Financial Data ?

Income & Spending ?
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£578£767£-189£42£260£1872.9170
31/03/22£819£753£66£17£449£3976.3240
31/03/21£689£571£119£32£383£3347150
31/03/20£511£427£83£35£264£2065.8126
31/03/19£462£351£111n/an/an/an/an/a12
31/03/18£327£308£18£0£0£0n/a00
31/03/17£176£124£51£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 7.4%
Fundraising Costs/Total Spending: 5.5%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 39%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 72%
Reserves/Spending: 2.9 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0
Asset Split ?
What it does
  • Education/Training
  • General Charitable Purposes
Who works here?
  • 17 employees
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Hampshire,

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
The Berkeley Foundation£98,100
Tudor Trust£52,000
Charles Hayward Foundation£50,000
DCMS£42,000
National Lottery Community Fund£29,096
The Clothworkers Foundation£15,000
Specific Donations
Amount When
Months
To be used for
The Berkeley Foundation - Cost of Living Grant
£5,000 26/04/2023
One-off, unrestricted grant
National Lottery Community Fund - Cooking And Nutrition Programme for vulnerable young people
£9,534 25/11/2022
The funding will be used to renovate the kitchen space and run workshops on cooking and nutrition for disadvantaged young people in the community. This project aims to ensure young people in ....more
Charles Hayward Foundation - Grant to Oarsome Chance Foundation
£25,000 27/01/2022
Oarsome Chance Post-16 education and training
National Lottery Community Fund - Upgrading IT to meet the demands of our services for vulnerable young people
£9,962 25/06/2021
The funding will be used to update an outdated IT system. The new hardware will allow the group to easier manage their administration tasks freeing up time to continue their vital work with ....more
Tudor Trust - Grant to Oarsome Chance
£2,000 25/03/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
The Berkeley Foundation - Focus group attendance donation
£100 15/03/2021
Unrestricted donation to a charity in thanks for attending a focus group session
Charles Hayward Foundation - Grant to Oarsome Chance Foundation
£25,000 22/12/2020
Oarsome Chance Post-16 education and training
DCMS - Coronavirus Community Support Fund
£42,000 17/07/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
The Berkeley Foundation - Emergency Covid-19 grant
£15,000 06/07/2020
One-off grant in support of Oarsome Chance achieving its charitable objectives, funding additional staff costs related to increased demand. COVID19 related grant.
Tudor Trust - Grant to Oarsome Chance
£50,000 03/06/2020
36
over three years to support Oarsome Chance’s 3 year organisational strategy around building long-term resilience and supporting the mental health of children and young people in Hampshire
National Lottery Community Fund - COVID-19 crisis: Extended support to vulnerable young people
£9,600 07/05/2020
3
The funding will be used to pay additional staff costs so the organisation can continue to offer and extend its service to more young people locally. The project aims to support vulnerable young ....more
The Clothworkers Foundation - Grant to Oarsome Chance
£15,000 03/04/2020
purchase of an 8 seater electric minibus / van for a charity that works with disadvantaged young people in Hampshire
Sport England - Mountain Bikes and trailer to extend activity
£5,620 16/03/2020
14
Funding under Sport England's Small Grants funding programme for a Revenue project titled Mountain Bikes and trailer to extend activity. This project is a Cycling project, with a focus on younger ....more
The Berkeley Foundation - OC Extended Support Programme (ESP)
£78,000 06/11/2019
36
Community Investment Fund grant over three years supporting the development of a mental health support programme, alongside outdoor learning activities, for young people at risk of school exclusion ....more
BBC Children in Need - Grant to Oarsome Chance Foundation
£29,202 15/03/2019
36
This project will provide weekly maritime activity workshops for children and young people from low income families. The activities will help to increase their communication and team work skills and ....more
The Fore - Grant to Oarsome Chance
£29,525 01/04/2018
24
Oarsome Chance positively impacts the lives of disadvantaged, at-risk young people in Portsmouth through practical, vocational education and the sport of coastal rowing. From teaching boat building ....more
The Fore - Grant to Oarsome Chance
£29,525 29/03/2018
24
Funding from The Fore will enable Canvas Works to scale, involving more young people and developing a long-term business income for the charity.
Henry Smith Charity - Grant to Oarsome Chance Foundation (OCF)
£10,000 14/03/2018
12
towards one year's running costs of a charity offering boat-based skills to disadvantaged young people in Hampshire
Garfield Weston Foundation - Main Grants award
£10,000 30/01/2018
Oarsome Chance Activities For Young People
National Lottery Community Fund - Oarsome Chance Activities for Young People
£10,000 06/12/2017
12
This project will deliver a series of taster workshops and practical sessions covering topics including boat building, coastal rowing and social enterprise activities. The project will target young ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed

Age Range of Trustees: 37-70
  • NEILL YOUNG Appointed: 2023, Occupation: Fundraiser/Marketing
  • ROD ASHMAN Appointed: 2018, Occupation: Educational Consultant
Legal constitution
  • Charitable company registered in England & Wales on 22/06/2016, number: 1167787
  • Registered at Companies House on 19/10/2015, number: 09829935
Gift Aid
  • 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 risk management 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
Filing Record
7 returns made; all on time
Main office

Oarsome Chance
The Boathouse. St. Vincent College
Mill Lane
Gosport
Hampshire
PO12 4QA

Objectives

THE OBJECTS OF THE COMPANY ARE TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 LIVING IN THE UK BY PROVIDING ADVICE AND ASSISTANCE, AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: (A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(B) ADVANCING EDUCATION;(C) ADVANCING EMPLOYABILITY SKILLS (D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY, SPECIFICALLY COASTAL AND INDOOR ROWING PROGRAMMES, IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.

Data Sources

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

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