UK Bangladesh Education Trust (UKBET)
Working to end child labour in Bangladesh. We deliver basic and life skills support to children forced into domestic and hazardous child labour with a view to supporting them into education or vocational training or, if beyond school age, safer work.
Financial health, per its FY2024 accounts
The accounts state that the charity closed the financial year with a surplus of £7,891 and unrestricted reserves of £67,761. Per the trustees' report, this reserve balance is equivalent to just over six months of operating costs, which the trustees describe as a robust financial position ensuring the charity can continue delivering services without disruption.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted reserves - those not designated for a specific purpose - at a level equivalent to between three and six months’ core expenditure.” — page 6
“During the year the charity paid Nadia Shahanaz Limited (a company owned by a trustee) £1,196 (2023; £4,105) for advertising and markerting services and £nil (2023; £118 ) for goods purchased and claimed back.” — page 17
Trustees
- ANNETTE RUTH ZERAchair
- Dr Musharraf Hussain
- KAREN JOANNE DUDLEY
- Ranu Miah
- Redwan Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £62k | £54k |
| 31/12/2023 | £68k | £58k |
| 31/12/2022 | £97k | £102k |
| 31/12/2021 | £71k | £53k |
| 31/12/2020 | £24k | £18k |
Common questions
Is UK Bangladesh Education Trust (UKBET) financially healthy?
Per its FY2024 accounts: The accounts state that the charity closed the financial year with a surplus of £7,891 and unrestricted reserves of £67,761. Per the trustees' report, this reserve balance is equivalent to just over six months of operating costs, which the trustees describe as a robust financial position ensuring the charity can continue delivering services without disruption. Its FY2024 accounts were independently examined.
Who funds UK Bangladesh Education Trust (UKBET)?
Funders whose own accounts filings name UK Bangladesh Education Trust (UKBET) as a grant recipient include THE TOMORO FOUNDATION, THE MAGENI TRUST, GILCHRIST EDUCATIONAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TOMORO FOUNDATION | FY2025 | £15k | |
| THE TOMORO FOUNDATION | FY2024 | £6k | |
| THE MAGENI TRUST | FY2024 | £5k | |
| THE MAGENI TRUST | FY2023 | £2k | |
| THE MAGENI TRUST | FY2025 | £1k | |
| GILCHRIST EDUCATIONAL TRUST | FY2023 | £1k | |
| THE MAGENI TRUST | FY2022 | £750 |