TERTIARY EDUCATION SCHOLARSHIP TRUST FOR AFRICA
Provision of Financial Aid for tertiary education of bright but needy scholars in Ghana, Malawi, Uganda and Tanzania via a network of local Trusts.
Objects
TO ADVANCE THE EDUCATION OF NEEDY STUDENT FROM AFRICA BY FUNDING SCHOLARSHIPS FOR UNDERGRADUATE STUDY AT PUBLIC UNIVERSITIES AND POLYTECHNICS IN AFRICAN COUNTRIES.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £965,055 from £1,003,509 in the prior year due to a decline in the value of quoted investments. The charity maintains a reserves policy of covering five years of grant expenditure, and current unrestricted reserves of £79,703 are below the implied target derived from the total reserves figure. The trustees note that fundraising has been challenging and have reduced scholarship awards to match long-term income forecasts.
What the accounts disclose
“Total income was £ 76,771 (2024 - £ 93,766) composed of income from donations and gifts £ 48,127 (2024 - £ 65,552), dividends from Endowment Funds £ 27,267 (2024 — £ 26,522) and bank interest £ 1,377 (2024 - £1,692).” — page 5
“Total reserves at the year end came to £965,055 compared to £1,003,509 in the prior year.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Volunteers: 1
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 30/06/2024 (received 17/05/2025, 17 days after the 30/04/2025 due date); year ending 30/06/2023 (received 10/05/2024, 10 days after the 30/04/2024 due date); year ending 30/06/2022 (received 14/05/2023, 14 days after the 30/04/2023 due date).
Register events
- Received assets from another charity (31/12/2025)
Trustees
- Dr NICHOLAS BROWNchair
- DAVID TRAVERS
- Dr Favour Mandanji NYIKOSA
- Dr Franziska Meinck
- Dr KEITH LLOYD
- Dr Natasha Said ALI
- Emmanuel Maluwi Abalo
- JOANNA MARGUERITE TRAVERS
- KIM ERIK LLOYD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £77k | £74k |
| 30/06/2024 | £94k | £100k |
| 30/06/2023 | £132k | £105k |
| 30/06/2022 | £145k | £104k |
| 30/06/2021 | £209k | £108k |
Common questions
Is TERTIARY EDUCATION SCHOLARSHIP TRUST FOR AFRICA financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased to £965,055 from £1,003,509 in the prior year due to a decline in the value of quoted investments. The charity maintains a reserves policy of covering five years of grant expenditure, and current unrestricted reserves of £79,703 are below the implied target derived from the total reserves figure. The trustees note that fundraising has been challenging and have reduced scholarship awards to match long-term income forecasts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £45k |
| THE LORD COCKFIELD MEMORIAL TRUST | 1 | £35k |
| THE E C SOSNOW CHARITABLE TRUST | 1 | £26k |
| NORTH EAST THAMES QUAKER TRUST | 1 | £13k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £10k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £9k |
| THE REED FOUNDATION | 1 | £9k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £9k |
Charities like this
- SWANLAND EDUCATION AFRICA TRUST
- RAFIKI THABO FOUNDATION
- RURAL AFRICA CHILDRENS EDUCATION TRUST
- EDUCATION EAST AFRICA
- AFRICAN CHILDREN'S FUND LTD
- AFRICA EDUCATIONAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TERTIARY EDUCATION SCHOLARSHIP TRUST FOR AFRICA | £77k | — | 0 | below | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |
| RAFIKI THABO FOUNDATION | £383k | — | 0 | below | — | no doubt |
| RURAL AFRICA CHILDRENS EDUCATION TRUST | £76k | — | 0 | above | — | no doubt |
| EDUCATION EAST AFRICA | £54k | £18,500 | 0 | unclear | — | no doubt |
| AFRICAN CHILDREN'S FUND LTD | £239k | — | — | below | — | no doubt |