SWAWOU SCHOOL FOUNDATION
We raise funds in order to provide free quality education in a child friendly learning environment to disadvantaged girls from the Swawou community of Kenema town, eastern Sierra Leone. We provide a nurturing and safe place to learn, where the girls have the support and encouragement they need to stay in education.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £161,145, exceeding the stated reserves policy target of nine months' running costs, with a cash balance of £96,791. The charity reported a net incoming resource of £12,047 for the year, funded primarily by voluntary donations. The trustees expressed confidence in the adequacy of future funding, though they noted reliance on the primary donor, Law Business Research Ltd.
What the accounts disclose
“The policy being that the available cash balance should be at least nine months running costs.” — page 5
Trustees
- RICHARD DAVEYchair
- CALLUM CAMPBELL
- SEBASTIAN O'MEARA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £43k |
| 31/12/2023 | £56k | £54k |
| 31/12/2022 | £56k | £49k |
| 31/12/2021 | £30k | £57k |
| 31/12/2020 | £52k | £32k |
Common questions
Is SWAWOU SCHOOL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £161,145, exceeding the stated reserves policy target of nine months' running costs, with a cash balance of £96,791. The charity reported a net incoming resource of £12,047 for the year, funded primarily by voluntary donations. The trustees expressed confidence in the adequacy of future funding, though they noted reliance on the primary donor, Law Business Research Ltd. Its FY2024 accounts were independently examined.