COMBATING POVERTY THROUGH EDUCATION
There were no activities carried out during the year 2018
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £630,998 at year-end, which the trustees consider sufficient to meet future commitments. The charity received a one-off donation of £600,000 from a related party, resulting in no expenditure and a strong financial position. The trustees maintain that the charity is financially sustainable and in line with its reserves policy.
What the accounts disclose
“The total income for the year amounted to £600,000 (2023: £ Nil), of which £600,000 was received as a one-off donation from a related party company.” — page 4
“The charity aims to maintain unrestricted reserves sufficient to cover approximately 12 Months and more of normal operating expenditure.” — page 5
“During the year, the charity received a donation of £600,000 from St.Piran’s (GB) Ltd , a company wholly owned by the two trustees.” — page 6
Corporate structure
- Registered company of the charity Companies House 07573635
- Equity: £548k
Company officers (Companies House)
- ANDRADI, Timothy Marius Ashanta on trustee list
- ANDRADI, Kirtida on trustee list
- ANDRADI, Kirtida
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- KIRTIDA ANDRADIchair
- TIMOTHY MARIUS ASHANTA ANDRADI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £5k | £88k |
| 31/12/2024 | £600k | £0 |
| 31/12/2023 | £0 | £0 |
| 31/12/2022 | £0 | £0 |
| 31/12/2021 | £31k | £2 |
Common questions
Is COMBATING POVERTY THROUGH EDUCATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £630,998 at year-end, which the trustees consider sufficient to meet future commitments. The charity received a one-off donation of £600,000 from a related party, resulting in no expenditure and a strong financial position. The trustees maintain that the charity is financially sustainable and in line with its reserves policy. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.4m |
| THE LORD MAYOR'S APPEAL | 1 | £1.1m |
| THE INSTITUTION OF CIVIL ENGINEERS | 1 | £143k |
| THE DISTILLERS' CHARITY | 1 | £15k |
| THE JOHN HORSEMAN TRUST | 1 | £5k |
Charities like this
- CAREDUCATION TRUST LTD
- CREATED: CHURCH
- BATH CHRISTIAN TRUST
- NATIONAL NUMERACY
- NANAKSAR THATH ISHER DARBAR TRUST
- ENGINEERS AGAINST POVERTY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COMBATING POVERTY THROUGH EDUCATION | £5k | — | 0 | above | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |
| CREATED: CHURCH | £315k | — | 0 | above | — | no doubt |
| BATH CHRISTIAN TRUST | £2.6m | £60,001 - £70,000 | — | above | — | no doubt |
| NATIONAL NUMERACY | £2.2m | — | — | above | — | no doubt |
| NANAKSAR THATH ISHER DARBAR TRUST | £812k | — | 0 | unclear | — | no doubt |