NISSI HOMES LIMITED
The prevention or relief poverty. The relief of those in need and the provision of shelter and accommodation, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage.To introduce ex-offenders and drug addicts back into society and assist their rehabilitation by providing care support and supervision.
Financial health, per its FY2025 accounts
The accounts state that the charity operated prudently despite financial pressures and limited funding opportunities, maintaining its services through careful management. The charity reported a net surplus for the year, with unrestricted reserves increasing to £66,137, while restricted reserves stood at a deficit of £54,965. The trustees assessed that the charity has adequate risk management processes in place to ensure continuity of services.
What the accounts disclose
“The trustees’ aim to ensure the charity will be able to to continue to fulfil its charitable objective even if there is a temporary shortfall in income or unexpected expenditure for a period of 6 months.” — page 16
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Florence Ononeme
- Meyoma Rhonor
- Olubukola Akeju
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £630k | £626k |
| 31/12/2024 | £512k | £500k |
| 31/12/2023 | £459k | £463k |
| 31/12/2022 | £386k | £396k |
| 31/12/2021 | £314k | £318k |
Common questions
Is NISSI HOMES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated prudently despite financial pressures and limited funding opportunities, maintaining its services through careful management. The charity reported a net surplus for the year, with unrestricted reserves increasing to £66,137, while restricted reserves stood at a deficit of £54,965. The trustees assessed that the charity has adequate risk management processes in place to ensure continuity of services. Its FY2025 accounts were independently examined.
Who funds NISSI HOMES LIMITED?
Funders whose own accounts filings name NISSI HOMES LIMITED as a grant recipient include CHAMPIONS CHURCH, THE ARCHER TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHAMPIONS CHURCH | FY2022 | £2k | |
| THE ARCHER TRUST | FY2023 | £2k | Charitable activities |
| THE ARCHER TRUST | FY2024 | £2k |