Oxenfoord International SCIO
Latest income
£118k
Latest spending
£118k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net deficit of £1,814.77 for 2024, driven by increased accommodation costs and a reduction in major donations. While the charity covered its costs, the trustees note that reliance on major donations for break-even is not sustainable, and year-end cash reserves were low at £1,080.11, though total available funds including deposits stood at £7,272.89.
What the accounts disclose
Going concern: doubt noted
“The charity continues to cover costs each year, but reliance on major donations to achieve break-even is not sustainable.” — page 6
Per FY2024 accounts as filed with OSCR.