THE OK FOUNDATION
GENERAL CHARITABLE PURPOSESRELIEF OF POVERTYRELIGIOUS ACTIVITIES
Objects
1) THE RELIEF OF FINANCIAL HARDSHIP AND THE PRESERVATION AND PROTECTION OF GOOD HEALTH IN PARTICULAR BUT NOT EXCLUSIVELY AMONG THOSE WHO HAVE HAD OR ARE HAVING DIFFICULTIES WITHIN THE FAMILY OR OTHER RELATIONSHIPS AND AMONG THE HOMELESS BY THE DELIVERY OF ADVICE, COUNSELLING, ASSISTANCE, SUPPORT, AND INFORMATION.2) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ART OF MUSIC IN PARTICULAR, BUT NOT EXCLUSIVELY BY ENCOURAGING THE USE OF MUSIC IN CHURCH WORSHIP AND BY ORGANISING CONCERTS AND MUSIC WORKSHOPS.
Financial health, per its FY2024 accounts
The accounts state that total net assets increased to £45,013 from £19,951 in the prior year, driven by a net income of £25,062. The trustees report that reserves are in accordance with the charity's reserves policy, which aims to secure daily operations and future asset replacement. The independent examiner confirmed that no material matters were identified during the examination of the accounts.
What the accounts disclose
“The total reserves as at the end of the year are detailed on the balance sheet page and are in accordance with the Charity reserves policy. General reserves – The Charity maintained a general reserves to secure the daily operation of the Charity.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- CHRISTINA AYINKE OMIDEYIchair
- CANAAN CHURCH
- MR MANNY OMIDEYI
- Michele Rahman-Riding
- THOMAS BURKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £98k | £73k |
| 31/12/2023 | £50k | £53k |
| 31/12/2022 | £47k | £46k |
| 31/12/2021 | £56k | £56k |
| 31/12/2020 | £38k | £34k |
Common questions
Is THE OK FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that total net assets increased to £45,013 from £19,951 in the prior year, driven by a net income of £25,062. The trustees report that reserves are in accordance with the charity's reserves policy, which aims to secure daily operations and future asset replacement. The independent examiner confirmed that no material matters were identified during the examination of the accounts. Its FY2024 accounts were independently examined.
Who funds THE OK FOUNDATION?
Funders whose own accounts filings name THE OK FOUNDATION as a grant recipient include THE 64 TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE 64 TRUST | FY2021 | — | Funding offered for defibrillators (amount not stated) |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/11/2025 | £20k | Global Cookery |
| City Bridge Foundation | 26/10/2023 | £84k | Grant to The OK Foundation |
| The National Lottery Community Fund | 07/07/2023 | £10k | Grubb and Sing |
| The National Lottery Community Fund | 13/05/2022 | £10k | Lunch Hub & Pantry |
| The National Lottery Community Fund | 03/10/2021 | £3k | 21 Marys |
| UK government | 01/10/2020 | £7k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 21/09/2018 | £10k | Wonder Women Project (WWP) |
| The National Lottery Community Fund | 06/07/2016 | £7k | Cook and Eat |