OASIS CHURCH FELTHAM
Latest income
£110k
Latest spending
£107k
Registered
1996
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity has remained financially solvent through member giving and is actively paying down its mortgage. Per the trustees' report, the charity is currently holding reserves of 3 to 4 months, which is below its stated policy target of 6 months of running costs.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The trustees aim to set aside 6 months running costs as adequate reserves to ensure that its ongoing commitments can be fully met as a charity. We are currently running at around 3 to 4 months reserves.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- RICHARD SMITHchair
- Elaine James
- JOEL MAINA MWANGI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £110k | £107k |
| 31/12/2023 | £87k | £95k |
| 31/12/2022 | £85k | £97k |
| 31/12/2021 | £95k | £85k |
| 31/12/2020 | £91k | £91k |
Common questions
Is OASIS CHURCH FELTHAM financially healthy?
The accounts state that the charity has remained financially solvent through member giving and is actively paying down its mortgage. Per the trustees' report, the charity is currently holding reserves of 3 to 4 months, which is below its stated policy target of 6 months of running costs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |