OINOUSSAI BENEVOLENT FUND
Latest income
£148k
Latest spending
£144k
Registered
2018
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total income for the year was £139,904 against total expenditure of £127,696, resulting in a net surplus of £12,208. The charity's unrestricted funds increased from £129,853 to £142,061, indicating a stable financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £142k)
“The trustees have decided that it would be prudent to hold the equivalent of 6 months expenditure on key overheads and key annual charitable donations in reserve. With an annual expenditure of around £30,000 in the UK and in Greece, the trust will retain around £15,000 in reserve.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- JOHN MARCOS HADJIPATERASchair
- George Nicholas Constantine Hadjipateras
- George Theodore Lemos
- JOHN PANTELIS HADJIPATERAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £148k | £144k |
| 31/12/2023 | £140k | £128k |
| 31/12/2022 | £74k | £108k |
| 31/12/2021 | £82k | £69k |
| 31/12/2020 | £100k | £33k |
Common questions
Is OINOUSSAI BENEVOLENT FUND financially healthy?
The accounts state that total income for the year was £139,904 against total expenditure of £127,696, resulting in a net surplus of £12,208. The charity's unrestricted funds increased from £129,853 to £142,061, indicating a stable financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £11k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £7k |