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The Charity Commission for Northern Ireland
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The Odyssey Trust Company Limited

  • Status

    Received: on time

  • Income

    £20.2M

  • Spending

    £20.9M

Charity no. 100113 Date registered. 05/04/2016

Public benefits

Purpose 1: The direct benefits which flow from this purpose are general advancement of scientific knowledge and education of the public as a result of the establishment, ongoing maintenance and support of a science centre at Queen’s Quay, Belfast. The benefits are evidenced by feedback from visitors and monitoring of visitor numbers to the science

centre. The science centre is leased to and operated by W5, also a charity. There is no other similar facility in Northern Ireland. There is no harm flowing from this purpose. The charity’s beneficiaries are the public at large, either resident in or visiting Northern Ireland. A private benefit to trustees may arise from their association with the charity and from training in good governance which may deliver skills that are transferable to other settings or which may assist towards obtaining other appointments. A private benefit to trustees may also arise in that they may, in their role as trustees, from time to time attend events held at the science centre. These benefits are incidental and necessary to ensure delivery of the benefits provided to the charity’s beneficiaries. Purpose 2: The direct benefits that flow from this purpose are the improvements in the condition of life through the establishment, maintenance and ongoing support of accessible facilities ( the Odyssey Arena) for hosting and presentation of a wide range of sporting and other leisure-time activities and events which encourage public participation. Given the absence of similar alternative facilities these would be unlikely otherwise to take place in Northern Ireland. The benefits are evidenced by the types and number of events held in and the attendances to the facilities. There is no harm flowing from this purpose. The charity’s beneficiaries are the inhabitants of Northern Ireland. A private benefit to trustees may arise from their association with the charity and from training in good governance which may deliver skills that are transferable to other settings or which may assist towards obtaining other appointments. A private benefit to trustees may also arise in that they may, in their role as trustees, from time to time attend events held at the venue. This private benefit is incidental to and a by-product of the delivery of the benefits provided to the charity’s beneficiaries.

What your organisation does

Purpose 1: The construction (completed in 2001), ongoing maintenance, revenue and capital funding for an interactive science centre (known as w5) at Queens Quay in Belfast. The facility includes 3 floors of permanent exhibits, space for temporary exhibitions, laboratories for use by schools/groups, state of the art lecture theatre and meeting

rooms. Space is allocated for specialist education and demonstration staff in addition to operations and administrative employees. The day to day management of the Science Centre is by Whowhatwherewhenwhy(w5) by way of a lease. W5 is a charity with related objects and is a wholly owned subsidiary of the Odyssey Trust. The facility is open 362 days per year to the general public. In 2012/13 w5 catered for 302,452 visitors (including outreach) including 48,958 in formal education groups. Purpose 2: The construction (completed in 2000), ongoing maintenance, revenue and capital funding for a 10,000 seat multipurpose indoor arena (known as the Odyssey Arena) at Queens Quay Belfast. The facility caters for a wide range of events including concerts, family shows, theatre style shows and sports events. Sports events include Ice Hockey, Athletics, Basket Ball, Horse of the year show, indoor football, arenacross, darts, boxing, wrestling and the recent World Police and Fire games. Formats of the Arena cater for audiences of 2,500 up to 10,800. The Arena is managed under an operation contract on a day to day basis by SMG, an international arena operator. In the year 2012/13 the Arena audiences totalled 626,868 through 117 events.

The charity’s classifications

  • The advancement of education
  • The advancement of the arts, culture, heritage or science
  • Other charitable purposes

Who the charity helps

  • General public

How the charity works

  • Arts
  • Education/training
  • Sport/recreation

This display is a broad summary of the charity’s financial information. For a full understanding of the charity’s finances, the reader should view the PDF accounts and reports under the Documents tab above.

Income

£20.2M

Spending

£20.9M

Charity accounts & reports for financial year end 31 March 2024

Independent examiners report Charity accounts Trustee annual report

Charity accounts & reports for financial year end 31 March 2023

Independent examiners report Charity accounts Trustee annual report

Charity accounts & reports for financial year end 31 March 2022

Independent examiners report Charity accounts Trustee annual report

Charitable purposes

The objects for which the Charity is founded are:- (i) to advance public education and in particular, but without limitation to the generality of the foregoing to establish and maintain a science centre and museum to which the public shall be admitted ( at no or an appropriate charge having regard to the income and expenses of the Charity as the Charity shall consider fit) (" the Science Centre ") at Queens Quay, Belfast with the intent that the Science Centre will contribute to the advancement of scientific knowledge and the education of the general public in particular the people of Northern Ireland; (ii) for the benefit of the inhabitants of Northern Ireland to provide or assist in the provision of facilities for recreation or other leisure-time occupation in the interests of social welfare and with the object of improving their conditions of life.

Governing document

Memorandum and Articles

Other name

  • 8 Trustees
  • 188 Employees
  • 0 Volunteers

Contact details

Public address

  • Julie-Anne, Odyssey Trust Co Ltd, Odyssey, 2 Queens Quay, Belfast., BT3 9QQ

Trustee board

Trustee
Jeremy Mills
Lesley Bourke
Mark Cuskeran
Kate Magee
Martin Pitt
Martin Mcdowell
Kieran Mccorry
Liz Kerr

List of regions

  • In Ireland
  • In Northern Ireland