OVERSEAS FELLOWSHIP OF NIGERIAN CHRISTIANS
Advancement of the Christian faith through prayers, worship, Bible study, talks, fellowship for all, and making humanitarian contributions towards the relief of pain and suffering in persons going through conditions of need, hardship and distress. Members, young and old, are to play active and constructive roles in their local churches and communities, and in the development of the country.
Financial health, per its FY2023 accounts
The accounts state that the charity recorded a small net deficit of £641 for the year ended 31 December 2023, with total income of £415,688 and total expenditure of £416,329. Unrestricted reserves stood at £517,009, which the trustees note equates to approximately 15 months of expenditure, well above their policy target of three months. The trustees and auditors confirm the charity is a going concern with no material uncertainties.
What the accounts disclose
“It is the policy of the charity to retain unrestricted funds at a level which equates to approximately 3 months of its committed expenditure.”
Corporate structure
- Registered company of the charity Companies House 06534207
Funders the charity credits
Company officers (Companies House)
- GEORGE-KALU, Nnenna May on trustee list
- UGBEDE, Emmanuel Emamuzo on trustee list
- FARONBI, Joel, Dr on trustee list
- UWUBAMWEN, Helyn Nosayaba on trustee list
- FADAHUN, Oluwafolajimi Olusesi, Dr on trustee list
- ONILOGBO, Yetunde Aduke Adedoyin on trustee list
- OLUFUNSHO, Isaac on trustee list
- OGBEIWI, Grace Mojisola on trustee list
- HARRISON, Idorenyin on trustee list
- AYANTUNDE, Biodun, Dr on trustee list
- BABATUNDE, Akintunde, Prof on trustee list
- BADA, Jumoke Idayat on trustee list
- WILLIAMS, Aderonke on trustee list
- ADEBISI, Yetunde on trustee list
- AJAYI, Oluwakemi Morohunkeji on trustee list
- DARAMOLA, Toluwani on trustee list
- ERHARUYI, Chinyere on trustee list
- HAMZA, Matthew on trustee list
- MERE, Chima Emmanuel Akuwudike on trustee list
- MUSTAPHA, Ayodele Abdulahi on trustee list
Property (HM Land Registry)
Trustees
- ADEBOWALE SOKOYA
- Ademola Akomolafe
- Aderonke Williams
- Anthony Nwakunor
- Ayodele Mustapha
- Chima Mere
- Chinyere Erharuyi
- Dr Abel Adegoke
- Dr Akintoye Oluwatudimu
- Dr BABATUNJI ADEOGUN
- Dr Biodun Ayantunde
- Dr Dianabasi Nkantah
- Dr Gbenga Popoola
- Dr Ifeoluwa Akintunde
- Dr Joel Faronbi
- Dr John Ameobi
- Dr Oluwafolajimi Fadahun
- Ekenyem Onyebuenyi
- Emmanuel Ugbede
- Frederick Jackson Oboloje
- Grace Ogbeiwi
- Helyn Uwubamwen
- Idorenyin Harrison
- Isaac Olufunsho
- Jumoke Idayat Bada
- Justin Ushie
- Kayode Adisa
- Matthew Hamza
- Michelle Ugwueze
- Nnenna May George-Kalu
- Olufunmilayo Mosadoluwa Bafuwa
- Olumide Joseph Ologan
- Olutola Awosemo
- Oluwakemi Morohunkeji Ajayi
- Peter Ikuobase
- Prof Akintunde Babatunde
- Prof John Durodola
- Toluwani Daramola
- Yetunde Adebisi
- Yetunde Onilogbo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £390k | £331k |
| 31/12/2023 | £416k | £416k |
| 31/12/2022 | £363k | £315k |
| 31/12/2021 | £224k | £130k |
| 31/12/2020 | £232k | £142k |
Common questions
Is OVERSEAS FELLOWSHIP OF NIGERIAN CHRISTIANS financially healthy?
Per its FY2023 accounts: The accounts state that the charity recorded a small net deficit of £641 for the year ended 31 December 2023, with total income of £415,688 and total expenditure of £416,329. Unrestricted reserves stood at £517,009, which the trustees note equates to approximately 15 months of expenditure, well above their policy target of three months. The trustees and auditors confirm the charity is a going concern with no material uncertainties. Its FY2023 accounts were audited by Hailwood & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BETTER COMMUNITY BUSINESS NETWORK LIMITED | 1 | £3k |
Charities like this
- ALL NATIONS FOR CHRIST CHRISTIAN FELLOWSHIP
- Thurrock Christian Fellowship
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- YAHWEH CHRISTIAN FELLOWSHIP
- SOUTH OXHEY CHRISTIAN FELLOWSHIP
- FOCUS INTERNATIONAL CHRISTIAN CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OVERSEAS FELLOWSHIP OF NIGERIAN CHRISTIANS | £390k | — | 0 | unclear | — | no doubt |
| ALL NATIONS FOR CHRIST CHRISTIAN FELLOWSHIP | £141k | — | 0 | unclear | — | no doubt |
| Thurrock Christian Fellowship | £779k | — | 0 | below | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| YAHWEH CHRISTIAN FELLOWSHIP | £177k | — | 0 | unclear | — | no doubt |
| SOUTH OXHEY CHRISTIAN FELLOWSHIP | £257k | — | 0 | unclear | — | no doubt |