THE CHARITABLE TRUST FOR THE TONGABEZI TRUST SCHOOL

Registered charity 1096710 · accounts filings on the Charity Commission register · also known as Charitable Trust for Tongabezi

Latest income
£345k
Latest spending
£231k
Registered
2003
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income increased by 16% to £344,515, driven largely by increased Gift Aid and bank interest. The charity held total unrestricted reserves of £290,534, which is below the trustees' stated policy target of approximately £550,000 (representing twelve months of operational costs plus a 10% buffer).

What the accounts disclose

Reserves policy: twelve months of operational costs with an additional a 10% buffer (approximately £550,000 equivalent per annum) (held: £291k)
the trustees recommend carrying a minimum amount of twelve months of operational costs with an additional a 10% buffer (approximately £550,000 equivalent per annum). — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Tujatane (matched by registered charity number).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Zambia

Income and spending

Financial year endIncomeSpending
31/12/2024£345k£231k
31/12/2023£298k£128k
31/12/2022£250k£106k
31/12/2021£199k£16k
31/12/2020£246k£182k

Common questions

Is THE CHARITABLE TRUST FOR THE TONGABEZI TRUST SCHOOL financially healthy?

The accounts state that total income increased by 16% to £344,515, driven largely by increased Gift Aid and bank interest. The charity held total unrestricted reserves of £290,534, which is below the trustees' stated policy target of approximately £550,000 (representing twelve months of operational costs plus a 10% buffer). Its FY2024 accounts were independently examined.

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