SIERRA LEONE GRAMMAR SCHOOL OLD BOYS ASSOCIATION FOUNDATION TRUST (UK) SLGSOBA
SLGSOBA (UK) supports the educational development of its alma mater, through scholarships, grants, sports for leisure time occupation, IT equipment to help in the development of the pupils knowledge of computer and internet. To create and deliver projects with strong enterprise nature for sustainability.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £10,193 for the year ended 31 January 2025, with total income of £143,728 and expenditure of £133,535. The trustees confirm that the charity will continue to operate effectively and that net assets represent over seven months of average expenditure, which they consider a reasonable level of reserves.
What the accounts disclose
Trustees
- Dennis Magnus Johnchair
- Clifford Ishola Muctairu Akinlusi
- Dr Richmond Mensah O Davies
- Harold Reginald Harry Macfoy
- JESSE RICHARDS
- MICHAEL EDWIN GUSMOND DOHERTY
- Olufemi George Mansa Anthony
- Rev Maurice Cecil Browne
- Victor Ronald Kwaku Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £144k | £134k |
| 31/01/2024 | £115k | £137k |
| 31/01/2023 | £91k | £68k |
| 31/10/2021 | £43k | £32k |
| 31/10/2020 | £40k | £43k |
Common questions
Is SIERRA LEONE GRAMMAR SCHOOL OLD BOYS ASSOCIATION FOUNDATION TRUST (UK) SLGSOBA financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £10,193 for the year ended 31 January 2025, with total income of £143,728 and expenditure of £133,535. The trustees confirm that the charity will continue to operate effectively and that net assets represent over seven months of average expenditure, which they consider a reasonable level of reserves. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE | 1 | £7k |
| THE CHANDRIS FOUNDATION | 1 | £6k |
Charities like this
- BROOKLANDS MUSEUM TRUST LIMITED
- THE LENNOX HANNAY CHARITABLE TRUST
- HAROLD HILL AND DISTRICT COMMUNITY ASSOCIATION
- CRANLEIGH FOUNDATION
- THE WORSHIPFUL COMPANY OF FURNITURE MAKERS' CHARITABLE FUNDS INCORPORATING THE FURNISHING TRADES BENEVOLENT ASSOCIATION
- Worcestershire Cricket Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIERRA LEONE GRAMMAR SCHOOL OLD BOYS ASSOCIATION FOUNDATION TRUST (UK) SLGSOBA | £144k | — | 0 | unclear | — | no doubt |
| BROOKLANDS MUSEUM TRUST LIMITED | £5.7m | — | — | unclear | — | no doubt |
| THE LENNOX HANNAY CHARITABLE TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| HAROLD HILL AND DISTRICT COMMUNITY ASSOCIATION | £177k | — | 0 | unclear | — | no doubt |
| CRANLEIGH FOUNDATION | £469k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF FURNITURE MAKERS' CHARITABLE FUNDS INCORPORATING THE FURNISHING TRADES BENEVOLENT ASSOCIATION | £829k | — | 0 | unclear | — | no doubt |