THE FATHER'S JOY
Providing; - Educational support, grants and kits to children with special needs, and other facilities to families in hardship: Vocational training and technical skills to help them to increase skills and capabilities that will lead to increase in income and improved life chances: Training, awareness conferences, mentoring/coaching supporting them (within the BAME community) and the general public
Financial health, per its FY2025 accounts
The accounts state that the charity's voluntary income reduced by 16% to £40,637, resulting in a net incoming resource of £10,161 for the year. The trustees report that unrestricted reserves are £nil, which is insufficient to meet their stated policy target of two months of expenditure (£7,000). Despite this, the charity remains solvent with current assets of £11,462 against current liabilities of £265.
What the accounts disclose
“The current level of reserves is insufficient to meet the policy requirements” — page 4
Trustees
- Dr Mosunmola Titilayo Oyebolachair
- Dr Modupe Olufunlayo Akindele
- GRACED SORINOLU-BIMPE
- OLANIKE ABEGUNDE
- OLUWATOBI ADEKUNLE
- Olubunmi Adedeji-Ahove
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £71k | £61k |
| 31/03/2024 | £48k | £49k |
| 31/03/2023 | £32k | £31k |
| 31/03/2022 | £2k | £2k |
Common questions
Is THE FATHER'S JOY financially healthy?
Per its FY2025 accounts: The accounts state that the charity's voluntary income reduced by 16% to £40,637, resulting in a net incoming resource of £10,161 for the year. The trustees report that unrestricted reserves are £nil, which is insufficient to meet their stated policy target of two months of expenditure (£7,000). Despite this, the charity remains solvent with current assets of £11,462 against current liabilities of £265. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/03/2024 | £20k | Angel Special Program |