BOLTON OROMO ACADEMY AND EDUCATION CENTRE
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.
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.
What the accounts disclose
“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”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ABDURAHMAN QAMAR ADAME
- ABDUSALAM IBRAHIM YUYA
- BADRIYA ALI IBRAHIM
- BORO GALGALO TIKA
- HARUN ADAM ALI
- SEYFUDIN JAMAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.