THE EQUIANO PROJECT
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Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves fell significantly from £8,046 to £140 due to a net expenditure of £7,906 against income of £47,362. The trustees consider this reduced reserve level appropriate given the charity's current size and limited overheads. No material uncertainties regarding the charity's ability to continue as a going concern were identified.
What the accounts disclose
“The charity aims to maintain sufficient unrestricted reserves to meet its ongoing commitments and to provide a reasonable level of financial stability in the event of unexpected expenditure or a temporary reduction in income.”
“For the delivery of major projects and project management services, Inaya Folarin Iman (Trustee) was paid a day rate of £250. This totaled £9,200 for the year ending 1 Oct 2025” — page 9
“For the delivery of major projects and project management services, Inaya Folarin Iman (Trustee) was paid a day rate of £250. This totaled £9,200 for the year ending 1 Oct 2025” — page 9
Trustees
- Oliver Langton Wrightchair
- Dr Marie Kawthar Daouda LLA
- Inaya Folarin Iman
- Katharine Moana Birbalsingh CBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/10/2025 | £47k | £55k |
| 01/10/2024 | £32k | £31k |
| 01/10/2023 | £13k | £6k |
| 01/10/2022 | £0 | £0 |
Common questions
Is THE EQUIANO PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves fell significantly from £8,046 to £140 due to a net expenditure of £7,906 against income of £47,362. The trustees consider this reduced reserve level appropriate given the charity's current size and limited overheads. No material uncertainties regarding the charity's ability to continue as a going concern were identified. Its FY2025 accounts were independently examined.