GLOBAL EDUCATIONAL TRUST
THE PROVISION OF ITEMS OR SERVICES WHICH WILL HELP TO IMPROVE STANDARDS OF LITERACY AND READING. THE PROVISION OF READING MATERIALS TO HELP ALLEVIATE THE EFFECTS OF ISOLATION, POVERTY AND MENTAL HEALTH.
Objects
1. THE ADVANCEMENT OF EDUCATION FOR THE BENEFIT OF THE PUBLIC IN THE UK IN PARTICULAR BUT NOT EXCLUSIVELY BY:A) PROVIDING OR ASSISTING IN THE PROVISION OF ITEMS OR SERVICES WHICH WILL IMPROVE STANDARDS OF LITERACY AND READING B) PROVIDING SCHOLARSHIPS OR BURSARIES TO PEOPLE TO ENABLE THEM TO ATTEND COLLEGE OR UNIVERSITYC) THE PROVISION OF LEARNING MATERIALS AND EDUCATIONAL RESOURCES.D)THE PROVISION OF READING MATERIALS AND LITERATURE TO PROMOTE READING AND LITERACY.2. THE ADVANCEMENT OF EDUCATION OVERSEAS IN PARTICULAR BUT NOT EXCLUSIVELY BY: A) PROVIDING OR ASSISTING IN THE PROVISION OF LEARNING RESOURCES AND TEACHING SUPPORT FOR ADULTS AND CHILDREN B) PROVIDING SCHOLARSHIPS OR BURSARIES TO PEOPLE TO ENABLE THEM TO ATTEND SCHOOL, COLLEGE OR UNIVERSITY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £2,830 for the year ended 31 December 2024, resulting in total funds of £349,801. The trustees' report indicates that reserves will be carried forward in pursuit of charitable objectives, and the independent examiner confirmed the appropriateness of the going concern basis without identifying material uncertainties.
What the accounts disclose
“in subsequent years the clients record keeping has improved and there is only a limitation of scope when providing sufficient evidence for our examination, in relation to cash expenditure recorded. The client also has a shop which is run under the name of ‘Carmarthen Free Books’, which produces its own independently examined accounts. The information contained in these accounts has been included in the charities accounts as a net income less expenditure value rather than a full consolidation.” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Melinda Brigitta Nagy
- Melinda Horvath
- Zaheem Ikhlaq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £244k | £255k |
| 31/12/2023 | £248k | £250k |
| 31/12/2022 | £292k | £303k |
| 31/12/2021 | £420k | £438k |
| 31/12/2020 | £399k | £344k |
Common questions
Is GLOBAL EDUCATIONAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £2,830 for the year ended 31 December 2024, resulting in total funds of £349,801. The trustees' report indicates that reserves will be carried forward in pursuit of charitable objectives, and the independent examiner confirmed the appropriateness of the going concern basis without identifying material uncertainties. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/11/2020 | £9k | BAME Communities Covid Awareness Campaign |