Oarsome Chance — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 22 June 2016
Removed: Not supplied
Company number supplied: 09829935
Financial period: 1 April 2024 – 31 August 2025
Latest income: £1,499,336
Latest expenditure: £1,372,487
Gift Aid: Yes
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: Oarsome Chance, The Boathouse. St. Vincent College, Mill Lane, Gosport, Hampshire, PO12 4QA

Website recorded by the regulator: www.oarsomechance.org (displayed as text)

02 Activities

What the charity does

Provide opportunities and experiences of vocational learning including carpentry and bike mechanics alongside an outdoor programme including rowing, sailing and mountain biking for young people at risk of exclusion from education. To build young peoples confidence and create opportunities for them to feel safe in achieving a pathway to change. The target group is young people aged 11-19yrs

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 August 2025
Ar Cycle Reference: AR25
Reporting Due Date: 30 June 2026
Date Annual Return Received: 12 June 2026
Date Accounts Received: 12 June 2026
Total Gross Income: £1,499,336
Total Gross Expenditure: £1,372,487

Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 January 2025
Date Annual Return Received: 7 October 2024
Date Accounts Received: 7 October 2024
Total Gross Income: £708,043
Total Gross Expenditure: £793,619

Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 January 2024
Date Annual Return Received: 8 January 2024
Date Accounts Received: 8 January 2024
Total Gross Income: £577,770
Total Gross Expenditure: £766,688

Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 January 2023
Date Annual Return Received: 24 November 2022
Date Accounts Received: 24 November 2022
Total Gross Income: £819,086
Total Gross Expenditure: £753,397

Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 January 2022
Date Annual Return Received: 13 October 2021
Date Accounts Received: 13 October 2021
Total Gross Income: £689,379
Total Gross Expenditure: £570,672

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 August 2025
Ar Due Date: 30 June 2026
Ar Received Date: 12 June 2026
Total Gross Income: £1,499,336
Total Gross Expenditure: £1,372,487
Grant Making Is Main Activity: No
Count Govt Contracts: 28
Count Govt Grants: £0
Income From Government Contracts: 951648
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: Yes
Employees Salary Over 60k: Yes
Count Salary Band 70001 80000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 7 October 2024
Total Gross Income: £708,043
Total Gross Expenditure: £793,619
Grant Making Is Main Activity: No
Count Govt Contracts: 32
Count Govt Grants: £0
Income From Government Contracts: 477885
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 8 January 2024
Total Gross Income: £577,770
Total Gross Expenditure: £766,688
Grant Making Is Main Activity: No
Count Govt Contracts: 28
Count Govt Grants: £0
Income From Government Contracts: 365301
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 24 November 2022
Total Gross Income: £819,086
Total Gross Expenditure: £753,397
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Charity Receives Govt Funding Contracts: Yes
Count Govt Contracts: 33
Charity Receives Govt Funding Grants: No
Income From Government Contracts: 459111
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: Yes
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 13 October 2021
Total Gross Income: £689,379
Total Gross Expenditure: £570,672
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: Yes
Charity Agreement Professional Fundraiser: Yes
Charity Commercial Participator: No
Charity Receives Govt Funding Contracts: Yes
Count Govt Contracts: 35
Charity Receives Govt Funding Grants: No
Income From Government Contracts: 385568
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 August 2025
Ar Due Date: 30 June 2026
Ar Received Date: 12 June 2026
Income Donations And Legacies: 531967
Income Other Trading Activities: 11221
Income Charitable Activities: 951648
Income Investments: 4500
Income Other: 0
Income Total Income And Endowments: 1499336
Income Legacies: 65000
Income Endowments: 0
Expenditure Raising Funds: £44,956
Expenditure Charitable Expenditure: £1,327,531
Expenditure Other: 0
Expenditure Total: 1372487
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 84906
Expenditure Depreciation: 25189
Gain Loss Investment: 100
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 2824
Gain Loss Other: 0
Reserves: £300,883
Assets Total Fixed: 61066
Assets Own Use: 61066
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £503,308
Assets Total Liabilities: £263,491
Assets Current Investment: 0
Assets Total Assets And Liabilities: £300,883
Creditors One Year Total Current: 263491
Creditors Falling Due After One Year: 0
Assets Cash: £423,259
Funds Endowment: 0
Funds Unrestricted: 226139
Funds Restricted: 74744
Funds Total: 300883
Count Employees: 20
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 7 October 2024
Income Donations And Legacies: 204693
Income Other Trading Activities: 25098
Income Charitable Activities: 477885
Income Investments: 367
Income Other: 0
Income Total Income And Endowments: 708043
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £55,216
Expenditure Charitable Expenditure: £738,403
Expenditure Other: 0
Expenditure Total: 793619
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 50353
Expenditure Depreciation: 18509
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £117,960
Assets Total Fixed: 58242
Assets Own Use: 58142
Assets Long Term Investment: 100
Defined Benefit Pension Scheme: 0
Assets Other Assets: £364,882
Assets Total Liabilities: £249,090
Assets Current Investment: 0
Assets Total Assets And Liabilities: £174,034
Creditors One Year Total Current: 249090
Creditors Falling Due After One Year: 0
Assets Cash: £262,825
Funds Endowment: 0
Funds Unrestricted: 117960
Funds Restricted: 56074
Funds Total: 174034
Count Employees: 18
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 8 January 2024
Income Donations And Legacies: 207792
Income Other Trading Activities: 4677
Income Charitable Activities: 365301
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 577770
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £42,184
Expenditure Charitable Expenditure: £724,504
Expenditure Other: 0
Expenditure Total: 766688
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 215409
Expenditure Depreciation: 24833
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: -17606
Gain Loss Other: 0
Reserves: £259,610
Assets Total Fixed: 86260
Assets Own Use: 86160
Assets Long Term Investment: 100
Defined Benefit Pension Scheme: 0
Assets Other Assets: £338,007
Assets Total Liabilities: £164,657
Assets Current Investment: 0
Assets Total Assets And Liabilities: £259,610
Creditors One Year Total Current: 164657
Creditors Falling Due After One Year: 0
Assets Cash: £0
Funds Endowment: 0
Funds Unrestricted: 187387
Funds Restricted: 72223
Funds Total: 259610
Count Employees: 17
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 24 November 2022
Income Donations And Legacies: 338936
Income Other Trading Activities: 21039
Income Charitable Activities: 459111
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 819086
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £16,514
Expenditure Charitable Expenditure: £736,883
Expenditure Other: 0
Expenditure Total: 753397
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 214060
Expenditure Depreciation: 25331
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 46000
Gain Loss Other: 0
Reserves: £287,319
Assets Total Fixed: 109322
Assets Own Use: 109222
Assets Long Term Investment: 100
Defined Benefit Pension Scheme: 0
Assets Other Assets: £373,189
Assets Total Liabilities: £33,983
Assets Current Investment: 0
Assets Total Assets And Liabilities: £448,528
Creditors One Year Total Current: 33983
Creditors Falling Due After One Year: 0
Assets Cash: £373,189
Funds Endowment: 0
Funds Unrestricted: 396641
Funds Restricted: 51887
Funds Total: 448528
Count Employees: 24
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 13 October 2021
Income Donations And Legacies: 292555
Income Other Trading Activities: 11256
Income Charitable Activities: 385568
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 689379
Income Legacies: 67975
Income Endowments: 0
Expenditure Raising Funds: £32,468
Expenditure Charitable Expenditure: £538,204
Expenditure Other: 0
Expenditure Total: 570672
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 100024
Expenditure Depreciation: 26037
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £382,839
Assets Total Fixed: 63449
Assets Own Use: 63349
Assets Long Term Investment: 100
Defined Benefit Pension Scheme: 0
Assets Other Assets: £337,453
Assets Total Liabilities: £18,063
Assets Current Investment: 4325
Assets Total Assets And Liabilities: £382,839
Creditors One Year Total Current: 18063
Creditors Falling Due After One Year: 0
Assets Cash: £333,128
Funds Endowment: 0
Funds Unrestricted: 333799
Funds Restricted: 49040
Funds Total: 382839
Count Employees: 15
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Local Authority
Geographic Area Description: Hampshire
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 205
Classification Type: Who
Classification Description: Other Charities Or Voluntary Bodies

Classification Code: 306
Classification Type: How
Classification Description: Provides Services

Classification Code: 307
Classification Type: How
Classification Description: Provides Advocacy/advice/information

Classification Code: 305
Classification Type: How
Classification Description: Provides Buildings/facilities/open Space

Classification Code: 101
Classification Type: What
Classification Description: General Charitable Purposes

08 Official extract

Charity Event History

Charity Name: Oarsome Chance
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2016-06-22T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES INCORPORATED 19 OCT 2015 as amended on 24 May 2018 as amended on 26 Feb 2020
Charitable Objects: 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.

10 Official extract

Charity Other Names

Charity Name Id: 571269
Charity Name Type: Previous name
Charity Name: OARSOME CHANCE FOUNDATION

11 Official extract

Charity Policy

Policy Name: Bullying and harassment policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Volunteer management

Policy Name: Financial reserves policy and procedures

Policy Name: Risk management

Policy Name: Serious incident reporting policy and procedures

Policy Name: Internal risk management policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Safeguarding policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Paying staff

Policy Name: Trustee expenses policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Complaints handling

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Conflicting interests