AKOJE RESIDENCY
The charity provides opportunities to artists from the Commonwealth to undertake a residency in the UK learning new skills and developing their knowledge.
Financial health, per its FY2025 accounts
The accounts state that the company generated a surplus of £3,683 for the year ended 30 April 2025, with total income of £105,000 and total costs of £101,317. Per the directors' report, the company is entitled to the small companies exemption and has not required an audit. The directors confirm adequate resources for going concern, with net current assets matching the year-end surplus of £3,683.
What the accounts disclose
“As at the balance sheet date, there was an amount of £6,916 owing from the company to the directors.” — page 9
Trustees
- Khalil Akarchair
- Babatunde Jallah Epega
- Oghenemaro Miles Itoje
- Viresh Minesh Patel ACA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £105k | £92k |
Common questions
Is AKOJE RESIDENCY financially healthy?
Per its FY2025 accounts: The accounts state that the company generated a surplus of £3,683 for the year ended 30 April 2025, with total income of £105,000 and total costs of £101,317. Per the directors' report, the company is entitled to the small companies exemption and has not required an audit. The directors confirm adequate resources for going concern, with net current assets matching the year-end surplus of £3,683.