ODI Global
Latest income
£34.8m
Latest spending
£34.0m
Registered
1965
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that ODI reported a surplus on unrestricted funds for the year ended 31 March 2024, with total income increasing by 7% to £29.9 million. The charity's general reserves stood at £4.8 million, which the trustees confirmed was within their established risk-based target range of £3.5 million to £5.5 million.
What the accounts disclose
Reserves policy: £3.5m to £5.5m (held: £4.8m)
“The trustees have estimated that free reserves, defined as unrestricted funds less those designated or represented by fixed assets should be in the region of £3.5m to £5.5m. Our general reserves as of 31 March 2024 were £4.8 million, within the range of the target.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: H Alderson was paid £20,426 (2023: £nil) for consultancy fees for an ODI project "BHA Financial Access".
“H Alderson was paid £20,426 (2023: £nil) for consultancy fees for an ODI project "BHA Financial Access". The charity's trading subsidiary ODI Global Advisory Limited gift aids available profits to the parent charity.” — page 61
“During the year two connected entities, ODI Europe and ODI Global Washington were established. These entities are in the process of formulating their strategic priorities and will in the course of 2024-25 commence activities in a localised way in Europe and the US respectively. Transactions in the year included the ODI funding set up costs and ODI staff collectively working to develop structures and processes.” — page 61
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: ODI funded setup costs for ODI Europe and ODI Global Washington.
“H Alderson was paid £20,426 (2023: £nil) for consultancy fees for an ODI project "BHA Financial Access". The charity's trading subsidiary ODI Global Advisory Limited gift aids available profits to the parent charity.” — page 61
“During the year two connected entities, ODI Europe and ODI Global Washington were established. These entities are in the process of formulating their strategic priorities and will in the course of 2024-25 commence activities in a localised way in Europe and the US respectively. Transactions in the year included the ODI funding set up costs and ODI staff collectively working to develop structures and processes.” — page 61
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: ODI Global Advisory Limited
“The Charity has a wholly owned subsidiary, ODI Global Advisory Limited, which is incorporated in the UK. It engages in activity that furthers the mission and objects of the Charity.” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£34.8m
Total spending
£34.0m
Cost of raising funds
£25k
Reserves (reported)
£4.3m
Employees
193
Trustees
- Alexia Latortue
- Amanda Rowlatt
- Dr Ekaette Ikpe
- Dr Jessica May Ayers
- Hannah Meadley-Roberts
- Helen Patricia Alderson Reat Noch
- Jean-Michel Severino
- John Kenneth Baker
- Lord George Mark Malloch-Brown
- Mustafa Faruqi
- Sir Suma Chakrabarti
- dominic McVey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34.8m | £34.0m |
| 31/03/2024 | £29.9m | £32.3m |
| 31/03/2023 | £27.9m | £27.3m |
| 31/03/2022 | £27.4m | £29.1m |
| 31/03/2021 | £35.0m | £34.4m |
Common questions
Is ODI Global financially healthy?
The accounts state that ODI reported a surplus on unrestricted funds for the year ended 31 March 2024, with total income increasing by 7% to £29.9 million. The charity's general reserves stood at £4.8 million, which the trustees confirmed was within their established risk-based target range of £3.5 million to £5.5 million. Its FY2024 accounts were audited by Haysmacintyre LLP.