Finance Score: -5

Governance Score: 0

Support Score: 0

Deficit on unrestricted reserves: -2
Volatile income: -3

No supporters identified

Overall GiG Score: -5

AFRICA EDUCATIONAL TRUST

To advance education for the public benefit in Africa by such means as the trustees deem appropriate, in particular by improving access for those excluded from educational opportunities by reason of conflict, discrimination or poverty and through the study of and dissemination of knowledge concerning African affairs.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

There was a deficit on unrestricted reserves of £89,823 at the last year end after deducting the value of own use assets
There has been a change of accounting period recently, so trends may be hard to determine
Income has been volatile recently

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£1,144	£1,518	£-374	£0	£-110	£-90	-0.7	0	0
31/03/22	£1,363	£1,869	£-506	£0	£263	£-326	-2.1	10	0
31/03/21?	£766	£917	£-151	£0	£776	£17	0.2	18	0
31/08/20	£1,800	£1,689	£111	£8	£919	£19	0.1	12	0
31/08/19	£2,461	£2,679	£-218	£0	£866	£87	0.4	12	1

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 162%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 81%
Reserves/Spending: -0.7 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.6

Asset Split ?

Established: 6 years

www.africaeducationaltrust.org

info@africaeducationaltrust.org

02076147696

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

International poverty relief

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Eswatini, Kenya, Somalia, Sudan, Uganda,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Comic Relief - Speak Up 2
£988,455	27/05/2015 48	Over 20 years of conflict and poverty left 77% of adults (84% of females) in South Sudan non-literate. Many of these are returnees and internally displaced people. Increasing English literacy is ....more Over 20 years of conflict and poverty left 77% of adults (84% of females) in South Sudan non-literate. Many of these are returnees and internally displaced people. Increasing English literacy is vital, as it is now the official language for all education and business. This project will apply REFLECT adult literacy methods to English teaching in South Sudan. It follows a successful previous project but now includes non-literate learners. Each of two 18 month courses will comprise twelve months' group literacy work, followed by six months' aural practice using radio and pod cast interactive lessons. Its method emphasizes self-empowerment and inclusivity, building trust and self-confidence.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

Street Child

Legal constitution

Charity registered in England & Wales on 09/05/2018, number: 1178306

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

5 returns made; all on time

Recent reorganisation events:

Asset transfer in from AFRICA EDUCATIONAL TRUST on 04/11/2020

Main office

Africa Educational Trust
33 Creechurch Lane
LONDON
EC3A 5EB

Objectives

TO PAY AND APPLY THE SAME IN ACCORDANCE WITH THE PROVISIONS HEREINAFTER CONTAINED FOR SUCH CHARITABLE PURPOSES AS IN THE ABSOLUTE DISCRETION OF THE TRUSTEES SHALL BEST PROMOTE,(1) THE STUDY OF, AND THE DISSEMINATION OF KNOWLEDGE CONCERNING AFRICAN AFFAIRS; OR (2) THE GENERAL EDUCATION IN AFRICA FOR ALL PERSONS AND OUTSIDE AFRICA FOR PERSONS WHO IN THE OPINION OF THE TRUSTEES ARE WHOLLY OR PARTLY OF AFRICAN DESCENT.

Data Sources