FIRST ACADEMY FOUNDATION
The purpose of First Academy Foundation is to advance education and training for public benefit, predominantly for those who either struggle with English or where their first language is not English.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a profit of £711 for the year ended 30 November 2024, with net assets increasing to £4,875. The filing notes that the company is exempt from statutory audit under small company provisions and has been prepared in accordance with FRS 105. No specific reserves policy target is disclosed in the provided text.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 08754050
Company officers (Companies House)
- OSMAN, Abdulkadir Ibrahim, Mr. not on trustee list
- OSMAN, Kenadid not on trustee list
Trustees
- Kenadid Osman BA HONSchair
- Osman Ibrahim Osman BSC HONS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/10/2025 | — | — |
| 30/10/2024 | £47k | £46k |
| 30/10/2023 | £66k | £65k |
| 30/10/2022 | £97k | £95k |
| 30/10/2021 | £33k | £33k |
Common questions
Is FIRST ACADEMY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a profit of £711 for the year ended 30 November 2024, with net assets increasing to £4,875. The filing notes that the company is exempt from statutory audit under small company provisions and has been prepared in accordance with FRS 105. No specific reserves policy target is disclosed in the provided text. Its FY2024 accounts were independently examined.