THE OAKLEA TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. THE OAKLEA TRUST 2002-06-28 → present
2. THE WATTSFIELD TRUST 2002-04-15 → 2002-06-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE OAKLEA TRUST · parent
   1. Right2Work CIC 100% · England and Wales · To carry on activities which benefit the community and in particular people who are disabled and/or disadvantaged. Through the development of the social enterprise and in the provision of supervision, training, employment, volunteering and social inclusion opportunities.

Significant events

• “2024-25 was a more difficult year for the Charity following change in contractual terms relating to our work across the county of Durham.”
• “In November 2024 CQC rated Oaklea Trust's Supported Living Programmes in Durham and Northumberland as Requiring Improvement. Improvements were started immediately and in January 2025 Oaklea Trust submitted a detailed Action Plan to CQC detailing how these would be extended and maintained overtime.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.9%

  £9,894,318 → £10,674,216

• Cash

  -15.5%

  £999,411 → £844,739

• Net assets

  +8.4%

  £2,042,930 → £2,214,139

• Employees

  +2.2%

  367 → 375

• Profit before tax

  -33.6%

  £273,890 → £181,728

• Wages

  +8.3%

  £7,522,048 → £8,145,324

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers