AFRICAN CHILDRENS EDUCATIONAL TRUST
To alleviate the poverty of vulnerable Ethiopian children, generally orphans, the disabled/ abandoned - through long-term self-sustaining educational initiatives - giving them more choices & access to enhanced opportunities to enable them to lead better, brighter & more productive lives. Through local partners we give individual scholarships & help upgrade/build government elementary schools.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £106,171, up from £40,563 in the prior year, following a net income of £65,608. The trustees report a fair financial result with sufficient funds and reserves to continue as a going concern for the next 12 months. No restricted funds remain at year-end, and the charity holds no investments.
What the accounts disclose
“The trustees have set a continuing reserves policy to hold free reserves in unrestricted funds and they believe that donors support for A-CET is to be used on our work and not necessarily invested.” — page 6
“During the year £Nil (2024: £3,193) of donations were received without conditions from trustees. There has been no transactions with related parties for the year ended 31 March 2025 or 31 March 2024.” — page 16
Trustees
- DR SAMMY ASSEFA BSC MSC MPHIL PHDchair
- Captain Johannes Makonnen
- Elizabeth Dalby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £111k | £45k |
| 30/06/2024 | £129k | £89k |
| 30/06/2023 | £0 | £0 |
| 30/06/2022 | £0 | £0 |
| 30/06/2021 | £54k | £76k |
Common questions
Is AFRICAN CHILDRENS EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £106,171, up from £40,563 in the prior year, following a net income of £65,608. The trustees report a fair financial result with sufficient funds and reserves to continue as a going concern for the next 12 months. No restricted funds remain at year-end, and the charity holds no investments. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £45k |
| THE E C SOSNOW CHARITABLE TRUST | 1 | £26k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £10k |
| THE REED FOUNDATION | 1 | £9k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £9k |
| EA FOUNDATION | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKES (LAMBETH) | 1 | £5k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £3k |
Charities like this
- AFRICA EDUCATIONAL TRUST
- ACT (AFRICAN CHILD TRUST)
- AFRICAN CHILDREN'S FUND LTD
- THE AKHTER EDUCATIONAL FOUNDATION
- THE SHANLEY CHARITABLE TRUST
- THE BETHANY CHILDREN'S TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AFRICAN CHILDRENS EDUCATIONAL TRUST | £111k | — | 0 | unclear | — | no doubt |
| AFRICA EDUCATIONAL TRUST | £1.7m | — | 0 | below | — | no doubt |
| ACT (AFRICAN CHILD TRUST) | £204k | — | 0 | unclear | — | no doubt |
| AFRICAN CHILDREN'S FUND LTD | £283k | — | 0 | below | — | no doubt |
| THE AKHTER EDUCATIONAL FOUNDATION | £184k | — | 0 | unclear | — | no doubt |
| THE SHANLEY CHARITABLE TRUST | £224k | — | 0 | unclear | — | no doubt |