ST NICHOLAS FOUNDATION
St Nicholas Foundation provides support, infrastructure and financial assistance to St. Nicholas School in Tema, Ghana. It provides funds, facilities, staff, food, healthcare and learning materials to support the education of disadvantaged children living in abject poverty. A range of extra curricular activites are offered such as a Cadet Corp, a Musical Band and Cultural drumming and dance.
Financial health, per its FY2025 accounts
The accounts state that total funds carried forward were £218,261, representing an increase from £196,484 in the prior year. The trustees report that the charity achieved its reserves policy target of holding at least three months of operating costs during the financial year. The charity generated a net income of £21,777 from charitable activities.
What the accounts disclose
“Donations and legacies Gifts and donations 247,919 144,394”
“During the first year of operation as a registered charity, a Reserves Policy was implemented with the aim of holding at least three months of operating costs in reserves. This undertaking was achieved during the financial year October 2024/2025.” — page 25
Trustees
- Angeliki Maria Lykouri
- Charalampos Chairetis Broumidis
- DEBORAH JOSEPHINE ELEAZAR
- Don Aron Christopher Jayawardena
- ELIZABETH JOAN DUTTON
- GEORGE BARRY HEDGES CAPT
- Ivan Quashigah
- JACQUELINE CONSTANCE AMIN
- Marianna Gavriel
- VIVIENNE ROSEMARY KING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £248k | £226k |
| 31/10/2024 | £158k | £140k |
| 31/10/2023 | £240k | £220k |
| 31/10/2022 | £177k | £90k |
| 31/10/2021 | £101k | £116k |
Common questions
Is ST NICHOLAS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds carried forward were £218,261, representing an increase from £196,484 in the prior year. The trustees report that the charity achieved its reserves policy target of holding at least three months of operating costs during the financial year. The charity generated a net income of £21,777 from charitable activities. Its FY2025 accounts were independently examined.