OLAYINKA ADERINKOLA AKINRINOLA FOUNDATION UK
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.
Objects
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.
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.
What the accounts disclose
“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
“hence trustees believes that trust is going concern.”
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
- Paying staff
- 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
- Aderinkola Akinrinolachair
- Babatunji Adeyemo
- Olayinka Akinrinola
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.