THE OPPO FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £3,886, resulting in unrestricted funds of £1,226. The charity's reserves policy aims to maintain sufficient reserves to cover at least three months of essential running costs, a target which the current unrestricted balance of £1,226 does not meet. Total expenditure of £108,323 exceeded incoming resources of £104,437, with governance costs accounting for a significant portion of the spend.
What the accounts disclose
“The charity aims to maintain reserves sufficient to cover at least 3 months of essential running costs.” — page 2
Trustees
- KAYAM IQBALchair
- Daniel Morton Tarshish
- Squadron Leader Gareth Huw Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £102k | £103k |
| 30/06/2024 | £104k | £108k |
| 30/06/2023 | £84k | £92k |
| 30/06/2022 | £29k | £22k |
| 30/06/2021 | £18k | £8k |
Common questions
Is THE OPPO FOUNDATION financially healthy?
The accounts state that the charity ended the year with a net deficit of £3,886, resulting in unrestricted funds of £1,226. The charity's reserves policy aims to maintain sufficient reserves to cover at least three months of essential running costs, a target which the current unrestricted balance of £1,226 does not meet. Total expenditure of £108,323 exceeded incoming resources of £104,437, with governance costs accounting for a significant portion of the spend. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Army Benevolent Fund | 2 | £128k |
| THE ROYAL AIR FORCE BENEVOLENT FUND | 2 | £25k |
| WALKING WITH THE WOUNDED | 1 | £212k |
| THE MARY ROBERTSON TRUST | 1 | £116k |
| Royal Marines Association - The Royal Marines Charity | 1 | £94k |
| THE ARMY CENTRAL FUND | 1 | £40k |
| MANCHESTER RELIEF IN NEED CIO | 1 | £30k |
| SUMNER WILSON CHARITABLE TRUST | 1 | £18k |