AFRICA OYE
The principal activity of the company is to promote concerts and festivals to celebrate the cultural heritage and music of Africa, the Caribbean and the Americas. Africa Oye has an international reputation for world class performances.
Objects
TO EDUCATE THE PUBLIC IN THE ART OF AFRICAN CARIBBEAN AND AMERICAS MUSIC, IN PARTICULAR BY PROMOTING CONCERTS AND FESTIVALS TO CELEBRATE CULTURAL HERITAGE AND MUSIC OF AFRICA, THE CARIBBEAN AND THE AMERICAS.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted reserves in deficit of £19,118, a significant improvement from the £71,157 deficit in the prior year, resulting from net incoming resources of £52,039. However, the trustees note that the charity is dependent on continued support from key funders like Arts Council England and Liverpool City Council to cover future festival activities and rising compliance costs. While the going concern basis is adopted, the financial position remains fragile due to the negative reserves and reliance on external funding.
What the accounts disclose
“Based upon 4-6 months' running costs it is estimated that the charity will require an ideal free reserve of £100,000 to sustain its operations.” — page 7
“The charity has a Bank Overdraft facility of £15,000. The facility is secured by limited guarantees given by Gad Babatunde Adeyemi Kuju (a trustee until 4 December 2024) and Charles Easmon (who resigned as a trustee on 01/05/2016).” — page 22
“Africa Oye Trading Limited is a trading company limited by guarantee which will gift its profits to the charity Africa Oye.” — page 22
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Serge Patrick Heseltonchair
- Anna Louise Maloney
- Benajmin Kofi Obeng
- Jessica Juckes
- Karine Nzang
- Kaya Ulrikke Herstad-Carney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £550k | £498k |
| 31/03/2024 | £389k | £460k |
| 31/03/2023 | £357k | £420k |
| 31/03/2022 | £206k | £195k |
| 31/03/2021 | £206k | £112k |
Common questions
Is AFRICA OYE financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves in deficit of £19,118, a significant improvement from the £71,157 deficit in the prior year, resulting from net incoming resources of £52,039. However, the trustees note that the charity is dependent on continued support from key funders like Arts Council England and Liverpool City Council to cover future festival activities and rising compliance costs. While the going concern basis is adopted, the financial position remains fragile due to the negative reserves and reliance on external funding. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/02/2006 | £4k | 'Heritage' 'on-line' Radio |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OPERA NORTH FUTURE FUND | 1 | £816k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £600k |
| The Keith Howard Foundation | 1 | £307k |
| PETTMAN (CLASSICAL MUSIC) FOUNDATION | 1 | £279k |
| Laidlaw Opera Trust | 1 | £200k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £100k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £52k |
| THE LINBURY TRUST | 1 | £50k |
Charities like this
- AFRICAN CULTURAL EXCHANGE LIMITED
- OYA ORGANISATION OF YOUNG AFRICANS
- Liverpool Irish Festival
- CHINEKE FOUNDATION
- The African People's Historical Monument Foundation (Black Cultural Archives) Limited
- OPERA NORTH LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AFRICA OYE | £550k | — | 0 | unclear | — | no doubt |
| AFRICAN CULTURAL EXCHANGE LIMITED | £789k | — | 0 | unclear | — | no doubt |
| OYA ORGANISATION OF YOUNG AFRICANS | £143k | — | 0 | below | — | no doubt |
| Liverpool Irish Festival | £141k | — | — | unclear | — | noted |
| CHINEKE FOUNDATION | £1.5m | £70,001 - £80,000 | — | unclear | — | noted |
| The African People's Historical Monument Foundation (Black Cultural Archives) Limited | £545k | more than £60,000 | 1 | above | 4.2% | no doubt |