NOVIHA UK
General Welfare activities EducationCultural activitiesOverseas helpHealthCommunity Cohesion
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £5,628 for the year ended 31 December 2024, with total incoming resources of £54,074. The trustees regard the free reserves of £50,121 as adequate, noting this exceeds their policy target of maintaining reserves equal to 12 months' normal total operating expenditure.
What the accounts disclose
“the trustees have determined that ‘free’ reserves should be maintained equal to 12 months’ normal total operating expenditure.”
Trustees
- ODILIA GAMORchair
- Freda Kuebunyah
- George Ocloo
- John Fiadjoe
- Mary Millicent Hall
- SAMUEL KWASI TSIPOTEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £54k | £48k |
| 31/12/2023 | £35k | £36k |
| 31/12/2022 | £44k | £30k |
| 31/12/2021 | £24k | £23k |
| 31/03/2021 | £28k | £19k |
Common questions
Is NOVIHA UK financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £5,628 for the year ended 31 December 2024, with total incoming resources of £54,074. The trustees regard the free reserves of £50,121 as adequate, noting this exceeds their policy target of maintaining reserves equal to 12 months' normal total operating expenditure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/05/2012 | £10k | Community Action on Old People |
| The National Lottery Community Fund | 15/04/2010 | £7k | Noviha Capacity Building Project |
| The National Lottery Community Fund | 23/05/2005 | £5k | Noviha UK |
| The National Lottery Heritage Fund | 22/05/2002 | £5k | "This Group Are Set Up To Support And Reinforce Cultural Identity Through Organising Functions And Providing Welfare Support And Advise To Me" |