LATVIAN EDUCATIONAL FOUNDATION 1990
The Latvian Educational Foundation is supported by the Latvian Diaspora Representatives of the UK and the Latvian Welfare Fund. A large part of the foundation's income comes from other Latvian organizations, individual donors and bequests. Its aims are to support Latvian educational and cultural activities in the UK as well as helping educational projects in Latvia.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £599,051, an increase from the previous year's £589,093. The charity reports that annual donations and interest on bank deposits continue to support its work, with no material uncertainties or deficits disclosed. The filing notes an exemption from audit under the small companies regime.
What the accounts disclose
“Trustees are from the Latvian Welfare Trust (LWT) and the Latvian Diaspora Representatives of the UK (LPAK). New trustees are proposed from these two founding organisations every two years. Thus, the working relationship with both founding organisations is maintained.”
Trustees
- INESE AUZINA-SMITHchair
- Baiba Freimane
- Lita Temistokleusa
- MARIS PULIS
- PAULINE BUCHANAN
- Paulis Zivtins
- RUTA ABAKUKS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 04/04/2025 | £30k | £20k |
| 04/04/2024 | £29k | £14k |
| 04/04/2023 | £11k | £6k |
| 04/04/2022 | £19k | £8k |
| 04/04/2021 | £313k | £4k |
Common questions
Is LATVIAN EDUCATIONAL FOUNDATION 1990 financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £599,051, an increase from the previous year's £589,093. The charity reports that annual donations and interest on bank deposits continue to support its work, with no material uncertainties or deficits disclosed. The filing notes an exemption from audit under the small companies regime.