THURROCK AFRICAN GROUP
Thurrock African Group is a community / voluntary organisation aimed at promoting the interest of African communities in Thurrock through information sharing, soliciting tolerance, developing projects to facilitate community cohesion and linkage with wider Thurrock community.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £2,555.38 for the year ended 31 March 2025, with total net assets of £49,557.66. Per the trustees' report, the charity aims to maintain reserves equivalent to at least three months of expenditure to ensure financial stability. The independent examiner reported no matters requiring attention regarding the preparation of accounts or accounting records.
What the accounts disclose
“TAG aims to maintain reserves at a level equivalent to at least three months of expenditure.” — page 4
Trustees
- BUKKY OKUNADEchair
- Adewole A Adeaga
- Olugbenga Lawal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £41k | £38k |
| 31/03/2024 | £60k | £33k |
| 31/03/2023 | £7k | £5k |
| 31/03/2022 | £16k | £6k |
| 31/03/2021 | £51k | £50k |
Common questions
Is THURROCK AFRICAN GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £2,555.38 for the year ended 31 March 2025, with total net assets of £49,557.66. Per the trustees' report, the charity aims to maintain reserves equivalent to at least three months of expenditure to ensure financial stability. The independent examiner reported no matters requiring attention regarding the preparation of accounts or accounting records. Its FY2025 accounts were independently examined.