OVERSEAS AID FOR THE KIDS OF SIERRA LEONE (OAKS)
Latest income
£117k
Latest spending
£51k
Registered
2005
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that total funds decreased from £272,551 to £256,215 during the year, driven by a reduction in incoming resources from £79,917 to £56,530. The charity maintains a reserves policy of four months of anticipated expenditure, which the trustees acknowledge is difficult to maintain due to income variability.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The Trustees recognise the difficulties involved for a small charity to maintain a steady stream of income to maintain their reserves policy.” — page 11
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Voluntary trustee services
“The administration of the charity is performed by the trustees on a voluntary basis.”
Per its FY2022 accounts as filed with the Charity Commission.
Trustees
- David Bladen
- MR NIC PHIPPS
- MRS SUE REID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £117k | £51k |
| 31/12/2024 | £95k | £46k |
| 31/12/2023 | £58k | £40k |
| 31/12/2022 | £57k | £40k |
| 31/12/2021 | £80k | £42k |
Common questions
Is OVERSEAS AID FOR THE KIDS OF SIERRA LEONE (OAKS) financially healthy?
The accounts state that total funds decreased from £272,551 to £256,215 during the year, driven by a reduction in incoming resources from £79,917 to £56,530. The charity maintains a reserves policy of four months of anticipated expenditure, which the trustees acknowledge is difficult to maintain due to income variability. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £117k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £50k |
| JEG TRUST LIMITED | 1 | £24k |
| WOODLEIGH IMPACT | 1 | £4k |
| THE BATCHWORTH TRUST | 1 | £3k |