Finance Score: 4

Governance Score: 6

Support Score: 1

Good reserves management: +3
Multiple Deficits: -2
Fundraising costs low: +3

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

Grant maker support: +1

Overall GiG Score: 11

EDUCATION DEVELOPMENT TRUST

The Charity seeks to advance education for the public benefit. To this end, we provide advice and consultancy services on education matters to governments and others, we teach, we provide counselling and guidance to young people and adults, we undertake or commission educational research and we provide training and support for educators.

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
Spending has increased over the last 3 years relative to the previous period
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

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/08/23		£91,177	£90,393	£784	£408	£32,219	£26,596	3.5	1,271
31/08/22		£89,070	£85,797	£3,273	£0	£37,932	£32,163	4.5	1,218
31/08/21		£66,558	£66,540	£18	£0	£29,645	£23,478	4.2	1,096
31/08/20		£71,158	£72,110	£-952	£0	£27,605	£22,280	3.7	1,082
31/08/19		£75,861	£76,434	£-573	£0	£32,640	£27,201	4.3	1,121
31/08/18		£73,989	£71,738	£2,251	£0	£33,209	£27,568	4.6	1,039
31/08/17		£68,020	£66,942	£1,078	£0	£30,910	£25,182	4.5	1,104
31/08/16		£68,845	£68,081	£764	£0	£6,215	£424	0.1	1,167
31/08/15		£84,982	£81,517	£3,465	£183	£13,572	£7,984	1.2	1,366
31/08/14?		£125,719	£128,079	£-2,360	£412	£11,524	£5,936	0.6	1,419
31/03/13	*	£197,340	£152,091	£45,249	£371	£126,843	£13,430	1.1	3,360
31/03/12	*	£189,401	£128,381	£61,020	£384	£81,626	£16,665	1.6	2,360
31/03/11		£130,693	£125,236	£5,457	£464	£26,932	£28,291	2.7	2,448
31/03/10		£150,647	£153,251	£-2,604	£398	£11,118	£12,050	0.9	2,571
31/03/09		£139,502	£138,098	£1,404	£275	£21,616	£21,968	1.9	2,531
31/03/08		£119,119	£115,610	£3,509	£238	£28,176	£28,100	2.9	2,309
31/03/07		£75,909	£70,129	£5,780	£162	£21,201	£21,352	3.7	2,300
31/03/06	*	£68,694	£65,545	£3,149	£0	£0	£0	n/a	0
31/03/05	*	£116,181	£110,773	£5,408	£0	£0	£0	n/a	0
31/03/04		£82,655	£79,718	£2,937	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.5%
Fundraising Costs/Total Spending: 0.5%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 41%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 83%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1

Asset Split ?

Established: 48 years
(58 years as a company)

http://www.educationdevelopmenttrust.com/

corpgov@educationdevelopmenttrust.com

01189021000

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Academic support

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Abu Dhabi, Algeria, Australia, Bangladesh, Brunei, Central African Republic, Dubai, Egypt, France, Ghana, Greenland, India, Israel, Jamaica, Jordan, Kenya, Kyrgyzstan, Laos, Libya, Macedonia, Malawi, Malaysia, Mexico, Montenegro, Morocco, Nepal, Norway, Philippines, Rwanda, Senegal, Seychelles, South Africa, South Sudan, St Kitts And Nevis, Syria, Thailand, Throughout England And Wales, Tunisia, Uganda, Vietnam,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies

Who works here?

1,271 employees

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
Nuffield Foundation - Strategic fund grant
£5,000	10/03/2020	Teaching programming to prepare young people for the 21st-century job market
Sport England - Splash Dance
£9,938	13/01/2015	Funding under Sport England's Small Grants funding programme for a Revenue project titled 'Splash Dance'. This project is a Multi Sports project, with a focus on younger beneficiaries.
Sport England - Ely College Physical Education Enhancement
£8,481	12/09/2013	Funding under Sport England's Small Grants funding programme for a Revenue project titled 'Ely College Physical Education Enhancement'. This project is a Multi Sports project, with a focus on younger ....more Funding under Sport England's Small Grants funding programme for a Revenue project titled 'Ely College Physical Education Enhancement'. This project is a Multi Sports project, with a focus on younger beneficiaries.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Based on 9/10 persons

Age Range of Trustees: 49-69

NIMAL JUDE HEMELGE Appointed: 2022, Occupation: Director

EDWARD MUCHEMI WAMBUGU Appointed: 2022, Occupation: Director

DR TIMOTHY JOHN COULSON Appointed: 2023, Occupation: Director, Other trusteeship: SAMARITANS OF NORTH HERTS & STEVENAGE,

ILSE ROBIN CHARIS HOWLING Appointed: 2018, Occupation: Chairman

JOY LOUISE HUTCHEON Appointed: 2019, Occupation: Director

PROFESSOR ANGELA MCFARLANE Appointed: 2017, Occupation: Director

JONATHAN SIMONS Appointed: 2019, Occupation: Company Director, Other trusteeship: SALATA FAMILY FOUNDATION,

JULIA GRANT Appointed: 2017, Occupation: Director, Other trusteeship: Right to Succeed CIO,

ROBERT GRIFFITH HUMPHREYS Appointed: 2016, Occupation: Non-Executive Director, Other trusteeship: FINCHLEY REFORM SYNAGOGUE,

TANYA BARRON Appointed: 2019, Occupation: Director, Other trusteeships: TOPSHAM EDUCATION TRUST, AFFINITY TRUST,

Legal constitution

Charitable company registered in England & Wales on 20/02/1976, number: 270901
Registered at Companies House on 31/12/1965, number: 00867944

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

23/04/2013 - Asset transfer in from THE DEEPINGS SCHOOL FUND
18/06/2015 - Asset transfer in from THE ALEXANDRIA SCHOOLS TRUST
Linked charity: CFBT ADVICE AND GUIDANCE LIMITED
Linked charity: CFBT ADVICE AND GUIDANCE LIMITED

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Bullying and harassment policy and procedures
Complaints handling
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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR13: 2 days late, AR12: 0 days late, AR06: 2 days late, AR05: 2 days late,

Main office

Education Development Trust
Highbridge House
16-18 Duke Street
READING
RG1 4RU

Objectives

TO ADVANCE EDUCATION FOR THE PUBLIC BENEFITTO RELIEVE UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT

Defined Area of Benefit:

UNITED KINGDOM AND EUROPE

Data Sources