RURAL AFRICA CHILDRENS EDUCATION TRUST
To break the cycle of rural poverty through education in Nigeria, in particular but not exclusively, by:1. Granting scholarships and bursaries to secondary school students;2. Managing libraries and computer centres;3. Employing qualified teachers;4. Providing general infrastructure at secondary schools such as water;5. Funding tertiary education for graduating secondary school students
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £96,735, which the trustees consider to be at a level higher or equivalent to their stated policy target of two years' expenditure. The charity reported a net income surplus of £53,029 for the year, driven by increased donations, and confirmed it has adequate resources to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level higher or equivalent to two year's expenditure.” — page 4
Trustees
- DEIRDRE FRANCES TRAPPchair
- Adetunji B ADELEYE
- ELIZABETH MAIA CLIFFORD
- MARY ANN PERASSO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £76k | £23k |
| 31/08/2024 | £29k | £31k |
| 31/08/2023 | £30k | £58k |
| 31/08/2022 | £38k | £16k |
| 31/08/2021 | £36k | £20k |
Common questions
Is RURAL AFRICA CHILDRENS EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £96,735, which the trustees consider to be at a level higher or equivalent to their stated policy target of two years' expenditure. The charity reported a net income surplus of £53,029 for the year, driven by increased donations, and confirmed it has adequate resources to continue as a going concern. Its FY2025 accounts were independently examined.