Finance Score: 2

Governance Score: -1

Support Score: 0

Reasonable growth: +1
Multiple Deficits: -2
Fundraising costs low: +3
No PartB

Only 4 Trustees: -1
Good trustee age range: +3
All male board: -3

No supporters identified

Overall GiG Score: 1

OFFSHORE TRAINING FOUNDATION

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board is completely male

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data

Income & Spending ?

Period ending	31/12/17	31/12/18	31/12/19	31/12/20	31/12/21	31/12/22
Charitable activities
Donations & Legacies
Other Income		£30,025	£14,743
Investment Income		£268,745	£255,530	£176,912	£144,291	£130,819
Total income	£10,905,974	£10,797,037	£11,536,306	£11,520,662	£13,057,686	£12,859,577
Charitable activities spending		£484,257	£1,004,905	£774,444	£869,796	£2,625,883
Fundraising costs	0%	0%	0%	0%	0%	0%
Other spending		£9,914,228	£12,987,035	£12,330,210	£13,055,017	£12,790,002
Total spending	£10,021,081	£10,434,412	£14,028,755	£13,140,376	£13,961,813	£15,443,938
Surplus/deficit	£884,893	£362,625	-£2,492,449	-£1,619,714	-£904,127	-£2,584,361

Download accounts

Established: 22 years

www.opito.com

Listed activities

It makes grants, donations or gifts to organisations
It carries out activities or services itself

GiG Classification

Technical, vocational and continuing education

Purposes

The advancement of education

Where it operates

Scotland and other parts of the UK, main operating location: Aberdeenshire

Who it helps

No specific group, or for the benefit of the community

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Directors (4)

Current Directors appointed

Gender Split

Age Range of Directors: 42-71

BALLARD, Gordon George Reid
Appointed: 2024
Occupation: Engineer

HOLMAN, Gary
Appointed: 2015
Occupation: Operations Director

JONES, Stephen Marcos
Appointed: 2024
Occupation: Ceo

TAYLOR, John Christie Watt
Appointed: 2002
Occupation: Trape Union Official

Legal constitution

Charity registered in Scotland on 14/03/2002, number: SC032948
Registered at Companies House on 14/03/2002, number: SC229139

Filing Record

5 returns made; all on time

Main office

, AB12 4QL

Objectives

“This Article 3 shall be interpreted as if it incorporated an overriding qualification limiting the powers of the Company such that any activity which would otherwise be permitted by the terms of this Article may be carried on only if that activity furthers a purpose which is regarded as charitable for the purposes of Section 7 of the Charities and Trustee Investment (Scotland) Act 2005 (including any statutory amendment or re-enactment for the time being in force). Subject to that overriding qualification, the Company's purposes are:- i. to advance, promote, approve, set, maintain and develop requisite standards for education, training and skills requirements in respect of persons employed or intending to be employed in the energy industry ('the Industry') and to oversee the compliance of such requisite standards. In furtherance of the Company's stated objects (but not otherwise), the Company shall have the power:-“