NICARAGUA EDUCATION, CULTURE AND ARTS TRUST
The Nicaragua Education Culture and Arts Trust raises funds for educational projects and for the relief of poverty in the area of Leon, Nicaragua. The projects use the medium of culture and the arts as a vehicle for this education.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £3,457 and restricted reserves of £1,550 at the end of the financial year. The trustees' report indicates that the charity's policy is to hold only the minimum amount of reserves commensurate with meeting project and staffing commitments. The independent examiner confirmed that accounting records were kept in accordance with the Charities Act and that the accounts accord with those records.
What the accounts disclose
“It is the policy of NECAT to only hold the minimum amount of reserves commensurate with meeting our in-country project and staffing commitments.” — page 5
Trustees
- MARTIN CHARLES ROGER
- Margaret St John
- Monika Christine Schiffer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £26k |
| 31/12/2023 | £25k | £23k |
| 31/12/2022 | £19k | £23k |
| 31/12/2021 | £22k | £22k |
| 31/12/2020 | £30k | £26k |
Common questions
Is NICARAGUA EDUCATION, CULTURE AND ARTS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £3,457 and restricted reserves of £1,550 at the end of the financial year. The trustees' report indicates that the charity's policy is to hold only the minimum amount of reserves commensurate with meeting project and staffing commitments. The independent examiner confirmed that accounting records were kept in accordance with the Charities Act and that the accounts accord with those records. Its FY2024 accounts were independently examined.