BOLTON OROMO ACADEMY AND EDUCATION CENTRE

Registered charity 1175767 · accounts filings on the Charity Commission register

To advance education for the benefit of the poor, the underprivileged and the general public. To relieve financial hardship, distress and suffering among poor people and victims of disaster. To provide or assist in the provision of facilities for social welfare, recreation and other leisure.

Objects

2.0 OBJECTSTHE TRUSTEES MUST APPLY THE INCOME OF THE CHARITY IN FURTHERING THE FOLLOWING OBJECTS (ÔTHE OBJECTSÖ):2.1 THE ADVANCEMENT OF THE ISLAMIC RELIGION IN THE AREA OF BENEFIT.2.2 THE ADVANCEMENT OF ISLAMIC EDUCATION AND EDUCATION MORE GENERALLY IN THE AREA OF BENEFIT.2.3 TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE IN THE AREA OF BENEFIT FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.2.4 TO PROMOTE SUCH OTHER PURPOSES THAT ARE EXCLUSIVELY CHARITABLE AS THE TRUSTEES SHALL DETERMINE IN PARTICULAR BUT NOT EXCLUSIVELY THE RELIEF OF POVERTY AND SICKNESS IN THE AREA OF BENEFIT.THE AREA OF BENEFIT SHALL MEAN THE AREA WITHIN A TEN MILE RADIUS OF THE CENTRE OF THE METROPOLITAN BOROUGH OF BOLTON.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · Recreation · Get email alerts

Latest income
£147k
Latest spending
£7k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £129,672 as of 31 December 2024, held to cover operational costs and unforeseen expenditure. The charity reported a net profit of £139,547 for the year, increasing its total funds significantly from the previous year. An independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's financial position.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: to cover operational costs in the event of a loss of income and to meet any unforeseen expenditure that may occur (held: £130k)
“The funds are held to cover operational costs in the event of a loss of income and to meet any unforeseen expenditure that may occur”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bolton

Income and spending

Financial year endIncomeSpending
31/12/2024£147k£7k
31/12/2023£35k£15k
31/12/2022£29k£14k
31/12/2021£24k£14k
31/12/2020£42k£10k

Common questions

Is BOLTON OROMO ACADEMY AND EDUCATION CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £129,672 as of 31 December 2024, held to cover operational costs and unforeseen expenditure. The charity reported a net profit of £139,547 for the year, increasing its total funds significantly from the previous year. An independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's financial position. Its FY2024 accounts were independently examined.