THE AFRICAN INSTITUTE FOR MATHEMATICAL SCIENCES - NEXT EINSTEIN INITIATIVE FOUNDATION (UK)

Registered charity 1138466 · accounts filings on the Charity Commission register · also known as AIMS-NEI (UK)

The AIMS-Next Einstein Initiative (NEI) seeks to unlock and nurture scientific and technical talent across Africa and specifically involves the establishment and operation of a network of fifteen centres of excellence across Africa that are focused on the teaching of mathematical sciences to African university graduates.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£51k
Latest spending
£51k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a negative unrestricted reserve of $14,251 as of 30 June 2025, having received no charitable activity income during the year. The trustees note that the charity does not have a primary source of funding and is supported by the AIMS Rwanda Centre, which has agreed to continue providing necessary funding to ensure operations continue without disruption.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 50% of its annual operational needs (held: £-14k)
AIMS will try to maintain a positive reserve of 50% of its annual operational needs, which is about $ 40,000. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
On the basis of the above, at the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The AIMS NEI Rwanda Centre served to coordinate and channel funds to the various entities on behalf of AIMS NEI UK Foundation.
During the year the Charity granted funds of $nil (2024: $450,067) and had expenses reimbursed of $68,656 (2024 – US$ 66,855) from other entities of the Charity's network. The Trustees are on the Boards of these entities. Funds transferred to other entities where Trustees are members of the Board of such entities: Entity: AIMS Rwanda Centre: US$ nil (2024 – US$ 450,067) — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 5 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 30/06/2023)

Total income
£1.7m
Total spending
£1.8m
Reserves (reported)
£0
Employees
1

Register events

Trustees · trustee networks

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

Operates in: Camden · Cameroon · Canada · Germany · Ghana · Rwanda · Senegal · South Africa · Tanzania

Income and spending

Financial year endIncomeSpending
30/06/2025£51k£51k
30/06/2024£409k£412k
30/06/2023£1.8m£1.8m
30/06/2022£3.0m£3.0m
30/06/2021£2.4m£2.5m

Common questions

Is THE AFRICAN INSTITUTE FOR MATHEMATICAL SCIENCES - NEXT EINSTEIN INITIATIVE FOUNDATION (UK) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a negative unrestricted reserve of $14,251 as of 30 June 2025, having received no charitable activity income during the year. The trustees note that the charity does not have a primary source of funding and is supported by the AIMS Rwanda Centre, which has agreed to continue providing necessary funding to ensure operations continue without disruption. Its FY2025 accounts were audited by Moore Kingston Smith LLP.