THE OASES FOUNDATION INTERNATIONAL
Education/TrainingRelief of PovertyReligious activities
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £9,446 for the year ended 31 July 2025, resulting in total unrestricted funds of £126,989. The trustees report adequate resources to continue in operational existence and note that the charity maintains cash levels to protect capital. The charity operates a defined contribution pension scheme and has no disclosed pension deficits.
What the accounts disclose
“They have established a policy whereby unrestricted funds not committed or invested in tangible fixed assets held by the Charity should be between 3 to 6 months of the expenditure. The financial forecast for 2025/2026 is £150,000.”
“Adebayo Ademiju received remuneration of £30,115 (2024: £30,704)as pastor of the church and benefits in kind in the form of pension contributions of £904 (2024: £921) during the year.” — page 18
“Adebayo Ademiju received remuneration of £30,115 (2024: £30,704)as pastor of the church and benefits in kind in the form of pension contributions of £904 (2024: £921) during the year. Legal authority: Governing document The only other payments made to the Trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.” — page 18
Trustees
- ADEBAYO ADEMIJUchair
- AKINTUNDE MAGBADELO
- HELEN AKERELE
- Olugbemiga Olumide Ogunbona
- Rev INYANG OKUTINYANG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £126k | £117k |
| 31/07/2024 | £100k | £131k |
| 31/07/2023 | £121k | £120k |
| 31/07/2022 | £135k | £97k |
| 31/07/2021 | £135k | £97k |
Common questions
Is THE OASES FOUNDATION INTERNATIONAL financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £9,446 for the year ended 31 July 2025, resulting in total unrestricted funds of £126,989. The trustees report adequate resources to continue in operational existence and note that the charity maintains cash levels to protect capital. The charity operates a defined contribution pension scheme and has no disclosed pension deficits. Its FY2025 accounts were independently examined.