PROMOTING EQUALITY IN AFRICAN SCHOOLS
PEAS founds and manages sustainably financed secondary schools in Africa in response to massive excess demand for affordable secondary education. We also support governments to improve 100s of schools in the countries we work. PEAS schools fund running costs from a mixture of very low fees, income generating projects and government subsidy. As of 2024, we run 36 schools across Uganda and Zambia.
Financial health, per its FY2025 accounts
The accounts state that PEAS closed FY2025 with a surplus, having increased total income by 17% to £11.3m while managing expenditure growth. The trustees report that unrestricted free reserves are at the target level of approximately three months of operating costs, providing sufficient financial resilience to support ongoing operations and strategic growth.
What the accounts disclose
“PEAS UK aims to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted expenditure”
Leadership, per the charity’s website
- Fay Hodza — Chief Programme Officer
- Fay Hodza — Global Senior Director of Programmes
- Elizabeth Amuge — Head of Operations
- Henry Senkasi — Country Director
- David Boateng — Country Programme Manager
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Apollo Babone Gabazirachair
- Aissatou Bah
- Alexandra Walker
- Andrew Jurczynski
- Bridget Gyamfi
- James Adams
- Reshma Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £11.3m | £9.5m |
| 31/12/2024 | £9.7m | £7.7m |
| 31/12/2023 | £8.7m | £7.8m |
| 31/12/2022 | £10.1m | £7.1m |
| 31/12/2021 | £5.8m | £4.0m |
Common questions
Is PROMOTING EQUALITY IN AFRICAN SCHOOLS financially healthy?
Per its FY2025 accounts: The accounts state that PEAS closed FY2025 with a surplus, having increased total income by 17% to £11.3m while managing expenditure growth. The trustees report that unrestricted free reserves are at the target level of approximately three months of operating costs, providing sufficient financial resilience to support ongoing operations and strategic growth. Its FY2025 accounts were audited by HaysMac LLP.
Who funds PROMOTING EQUALITY IN AFRICAN SCHOOLS?
Funders whose own accounts filings name PROMOTING EQUALITY IN AFRICAN SCHOOLS as a grant recipient include Leo Lion Foundation, THE ELMA FOUNDATION (UK), THE COLES-MEDLOCK FOUNDATION, T. & J. MEYER FAMILY FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Leo Lion Foundation | FY2023 | £448k | PEAS Horizon purchase and expansions |
| THE ELMA FOUNDATION (UK) | FY2021 | £250k | Private Sector Solutions |
| Leo Lion Foundation | FY2022 | £50k | PEAS |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £13k | |
| THE ELMA FOUNDATION (UK) | FY2023 | £0 | Special Opportunities |
| T. & J. MEYER FAMILY FOUNDATION LIMITED | FY2021 | £0 | EDUCATION |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 2 | £23k |
| THE REED FOUNDATION | 2 | £11k |
| THE HUGH SYMONS CHARITABLE TRUST | 1 | £22k |
| INTO GIVING LIMITED | 1 | £10k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £10k |
| THE MAGENI TRUST | 1 | £10k |
| EA FOUNDATION | 1 | £6k |
| MEETINGS INDUSTRY MEETING NEEDS | 1 | £5k |
Charities like this
- HELPING UGANDA SCHOOLS (HUGS)
- AFRICAN PROMISE
- EDUCATION SUB-SAHARAN AFRICA
- AFRICAN CHILDREN'S FUND LTD
- SOS AFRICA
- TEACHER AID
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PROMOTING EQUALITY IN AFRICAN SCHOOLS | £11.3m | — | — | no_policy | — | no doubt |
| HELPING UGANDA SCHOOLS (HUGS) | £266k | — | 0 | unclear | — | no doubt |
| AFRICAN PROMISE | £39k | — | 0 | unclear | — | noted |
| EDUCATION SUB-SAHARAN AFRICA | £4.2m | — | — | unclear | — | no doubt |
| AFRICAN CHILDREN'S FUND LTD | £283k | — | 0 | below | — | no doubt |
| SOS AFRICA | £992k | — | 0 | above | — | no doubt |