Finance Score: 5

Governance Score: 9

Support Score: 4

Strong growth: +2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +4

Overall GiG Score: 18

PROMOTING EQUALITY IN AFRICAN SCHOOLS

PEAS founds and manages sustainably financed secondary schools in Africa in response to massive excess demand for affordable secondary education. We also support governments to improve 100s of schools in the countries we work. PEAS schools fund running costs from a mixture of very low fees, income generating projects and government subsidy. As of 2024, we run 36 schools across Uganda and Zambia.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23		£8,688	£7,781	£907	£358	£13,836	£2,307	3.6	1,258	1
31/12/22		£10,055	£7,069	£2,986	£237	£14,767	£2,859	4.9	1,175	1
31/12/21	*	£5,808	£4,000	£1,808	£220	£11,166	£2,221	6.7	1,029	0
31/12/20		£4,096	£3,940	£156	£216	£9,024	£885	2.7	1,030	14
31/12/19		£6,207	£5,470	£737	£214	£9,780	£915	2	1,062	10
31/12/18?	*	£5,986	£4,948	£1,038	£182	£8,171	£150	0.4	1,008	0
31/01/17		£5,824	£4,181	£1,643	£230	£7,793	£-252	-0.7	989	0
31/01/16		£5,332	£3,725	£1,607	£274	£5,499	£-361	-1.2	922	0
31/01/15		£4,769	£3,324	£1,445	£303	£4,703	£108	0.4	745	0
31/01/14	*	£3,018	£2,057	£961	£148	£3,373	£3,116	18.2	37	0
31/01/13	*	£2,508	£1,610	£898	£125	£2,008	£262	2	28	0
31/01/12		£1,646	£1,529	£116	£211	£168	£106	0.8	5	0
31/01/11		£605	£568	£37	£141	£52	£52	1.1	3	0
31/01/10		£281	£270	£11	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 4.2%
Fundraising Costs/Total Spending: 4.6%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 8%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 17%
Reserves/Spending: 3.6 months
Net Current Assets/Spending: 5 months
Quick Ratio: 3.3

Asset Split ?

Balance Sheet History

Established: 16 years

www.peas.org.uk

info@peas.org.uk

0208 088 3525

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Overseas Aid/Famine Relief

GiG Classification

International education & child welfare

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Ghana, Uganda, Zambia,

Who it helps

Children/Young People

Who supports them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
Gower Street - Education Programme in Ghana
£263,774	01/07/2022	Project funding
David & Elaine Potter Foundation - Pilot project to strengthen and improve teacher training and education quality in PEAS schools in Zambia
£19,588	20/10/2016 12	PEAS will pilot a new teacher training programme in Zambia (based on learning from an equivalent project in Uganda), to use learning to roll out a new teacher training programme across all their schools in Zambia.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 41-73

AISSATOU BAH Appointed: 2023, Occupation: Director

ALEXANDRA WALKER Appointed: 2021, Occupation: Senior Manager

ANDREW JURCZYNSKI Appointed: 2021, Occupation: Independent Advisor

APOLLO BABONE GABAZIRA (Chair) Appointed: 2021, Occupation: Country Director

BRIDGET GYAMFI Appointed: 2023, Occupation: Programme Director

JAMES ADAMS Appointed: 2024, Occupation: Business Executive

JANICE MATWI Appointed: 2021, Occupation: Country Director

RESHMA PATEL Appointed: 2024, Occupation: Executive Director

RONALD KANSERE Appointed: 2019, Occupation: Senior Finance Officer

Legal constitution

Charitable company registered in England & Wales on 04/11/2008, number: 1126550
Registered at Companies House on 02/04/2008, number: 06552715

Gift Aid

Registered with HMRC for Gift Aid

Fundraising Regulator

First registered: 09/01/2019, current status: Large charity (levy paid)

Policies in force

Bullying and harassment policy and procedures
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

14 returns made; AR21: 3 days late, AR18: 75 days late, AR14: 41 days late, AR13: 47 days late,

Main office

Canopi
Unit A
Arc House
82 Tanner Street
LONDON
SE1 3GN

Objectives

THE ADVANCEMENT OF EDUCATION FOR AFRICA BY THE PROVISION OF ASSISTANCE WITH THE COST OF SCHOOL FEES FOR THOSE ON LOW INCOMES AND THE ESTABLISHMENT AND SUPPORT OF LOW COST SCHOOLS.

Defined Area of Benefit:

AFRICA

Data Sources

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