OROMO EVANGELICAL CHURCH OF LONDON
- Sunday church services for people of Oromo origin and others - home prayer groups - children's Sunday schools - bereavement support - support for vulnerable persons - holistic community support.
Objects
1.3.1 TO WORSHIP THE LORD OUR GOD AND CREATOR, PREACH AND SPREAD THE GOSPEL IN OUR OWN GOD-GIVEN OROMO LANGUAGE, AFAAN OROMO, AND TO PROVIDE HOLISTIC SUPPORT TO FELLOW OROMOS AND OTHERS.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £40,216 against total income of £74,546 and total expenditure of £34,330 for the year ended 31 December 2024. Per the balance sheet, total unrestricted funds stood at £143,378, with the majority held as cash at bank. The independent examiner noted that accounting records were kept in hardcopy and recommended digitalization, but confirmed no other material matters affected the understanding of the accounts.
What the accounts disclose
“The church's reserves policy is to maintain sufficient free reserves to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall to allow the church to be managed efficiently and to provide a buffer to ensure continuity of the activities of the Church.” — page 5
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Volunteer management
Trustees
- Bonsa Koreichair
- Dasaleen Lalisa
- Dolka Shiferaw Feyissa
- Fekadu Asrat
- Gelane Regassa
- Tadewos Gizena Kuseta
- Tujuba Endriyas Guta
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £36k |
| 31/12/2023 | £27k | £11k |
| 31/12/2022 | £30k | £17k |
| 31/12/2021 | £17k | £9k |
| 31/12/2020 | £24k | £14k |
Common questions
Is OROMO EVANGELICAL CHURCH OF LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £40,216 against total income of £74,546 and total expenditure of £34,330 for the year ended 31 December 2024. Per the balance sheet, total unrestricted funds stood at £143,378, with the majority held as cash at bank. The independent examiner noted that accounting records were kept in hardcopy and recommended digitalization, but confirmed no other material matters affected the understanding of the accounts. Its FY2024 accounts were independently examined.