AFRICAN CHILDRENS EDUCATIONAL TRUST
Latest income
£111k
Latest spending
£45k
Registered
1997
Accounts read
FY2025
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
Reserves policy: hold free reserves in unrestricted funds (held: £106k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“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
Per its FY2025 accounts as filed with the Charity Commission.
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?
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 EQUINOXE TRUST | 1 | £39k |
| FELLOWSHIP OF ST JOHN (UK) TRUST ASSOCIATION | 1 | £30k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |
| COLEFAX CHARITABLE TRUST | 1 | £3k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £1k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKES (LAMBETH) | 1 | £613 |