Charity Accounts Intelreading the accounts so you don’t have to

OLAYINKA ADERINKOLA AKINRINOLA FOUNDATION UK

Registered charity 1195179 · accounts filings on the Charity Commission register · also known as OAA

The prevention or relief of poverty by providing grants, items and services to individuals in need and /or charities, or other organisations working to prevent or relieve poverty.

Causes: General Charitable Purposes · Disability · website · Get email alerts

Latest income
£28k
Latest spending
£21k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with unrestricted reserves of £(793), indicating a net liability position. The trustees report that the charity is a going concern, noting that they are seeking grants and donations to cover overheads and bring the charity into a healthy position within the next six months. The financial review highlights that the charity's spending was previously impacted by inherited loan interest payments and that trustees made personal donations to cover operational costs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-793)
“Reserves are needed to cover the deficit of the charity and trustees made donations during the year to cover the overheads of the trustees.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“hence trustees believes that trust is going concern.”
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Nigeria · Throughout England

Income and spending

Financial year endIncomeSpending
31/08/2025£28k£21k
31/08/2024£6k£6k
31/08/2023£560£911
31/08/2022£32k£39k

Common questions

Is OLAYINKA ADERINKOLA AKINRINOLA FOUNDATION UK financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves of £(793), indicating a net liability position. The trustees report that the charity is a going concern, noting that they are seeking grants and donations to cover overheads and bring the charity into a healthy position within the next six months. The financial review highlights that the charity's spending was previously impacted by inherited loan interest payments and that trustees made personal donations to cover operational costs. Its FY2025 accounts were independently examined.