OLIVE LANTERN TRUST
PROVIDING support to students, their institutes AND THEIR COMMUNITIES Around the WORLD. THIS IS DONE BY DISTRIBUTING FUNDS or other forms of support TO individuals and/or ORGANISATIONS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £48,312, providing a surplus over the previous year's £37,408. The trustees maintain a reserves policy targeting 12 months of unrestricted expenditure, which the current free reserves appear to exceed given the annual expenditure of £36,328. No material uncertainties or deficits were reported by the independent examiner.
What the accounts disclose
“TO MAINTAIN UNRESTRICTED FUNDS WHICH ARE THE FREE RESERVES OF THE CHARITY, THIS EQUATES TO 12 MONTHS OF UNRESTRICTED EXPENDITURE.”
Trustees
- Dr Amjad Mohammedchair
- AMINA MOHAMMED
- YUSUF MOHAMED MAYAT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £36k |
| 31/03/2024 | £33k | £10k |
| 31/03/2023 | £11k | £12k |
| 31/03/2022 | £25k | £13k |
| 31/03/2021 | £38k | £36k |
Common questions
Is OLIVE LANTERN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £48,312, providing a surplus over the previous year's £37,408. The trustees maintain a reserves policy targeting 12 months of unrestricted expenditure, which the current free reserves appear to exceed given the annual expenditure of £36,328. No material uncertainties or deficits were reported by the independent examiner. Its FY2025 accounts were independently examined.