THE CONSTRUCTION SECTOR TRANSPARENCY INITIATIVE

Registered charity 1152236 · accounts filings on the Charity Commission register · also known as COST

CoST is a country centred multi-stakeholder initiative designed to promote transparency and accountability in publicly financed construction.

Objects

3. OBJECTS OF THE CHARITY3.1 THE OBJECTS OF THE CHARITY (THE “OBJECTS”) ARE FOR THE PUBLIC BENEFIT:3.1.1 TO PROMOTE ETHICAL AND TRANSPARENT STANDARDS OF CONDUCT, COMPLIANCE WITH THE LAW, AND ACCOUNTABILITY IN THE PROVISION OF INFRASTRUCTURE AND INFRASTRUCTURE SERVICES IN ANY PART OF THE WORLD, WHICH MAY INCLUDE BY (BUT NOT BE LIMITED TO) THE FOLLOWING MEANS:(A) PROMOTING THE PUBLIC DISCLOSURE OF PROJECT INFORMATION;(B) ENABLING STAKEHOLDERS TO HOLD DECISION-MAKERS TO ACCOUNT;3.1.2 TO RELIEVE AND PREVENT POVERTY, SUFFERING AND DISTRESS CAUSED BY WASTE, CORRUPTION, MISMANAGEMENT OR INEFFICIENCY IN THE PROVISION OF INFRASTRUCTURE AND INFRASTRUCTURE SERVICES IN ANY PART OF THE WORLD;3.1.3 TO ADVANCE EDUCATION, KNOWLEDGE AND THE EXCHANGE OF EXPERIENCE IN THE PROVISION OF INFRASTRUCTURE AND INFRASTRUCTURE SERVICES;3.1.4 TO ADVANCE HEALTH OR SAVE LIVES BY INCREASING PUBLIC SAFETY IN THE PROVISION OF INFRASTRUCTURE AND INFRASTRUCTURE SERVICES; AND3.1.5 TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE; AND FOR THE PURPOSES OF THIS ARTICLE 3 “INFRASTRUCTURE” SHALL MEAN THE SYSTEM OF PUBLIC WORKS IN A COUNTRY, STATE OR REGION, INCLUDING WITHOUT LIMITATION ROADS, UTILITY LINES AND PUBLIC BUILDINGS; AND THE “PROVISION OF INFRASTRUCTURE AND INFRASTRUCTURE SERVICES” SHALL INCLUDE ALL STAGES OF THE PROCESS OF PROVIDING INFRASTRUCTURE AND INFRASTRUCTURE SERVICES, FROM THE INCEPTION TO THE COMPLETION OF THE PROJECT AND THE PROVISION OF OPERATIONS AND MAINTENANCE SERVICES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure deficit of £22,124 for the year ended 31 December 2024, with total income of £1,791,554 and resources expended of £1,813,678. Per the trustees' report, unrestricted reserves stood at £15,217, while restricted funds held £190,708, resulting in total net assets of £205,925. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due for at least twelve months.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Magma Audit LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment 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
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Structured financials (annual return, FY ending 31/12/2025)

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• Claire Schouten
• Cynthia Patricia CANTERO PACHECO
• Eyasu Yimer
• James Mwangi
• Kittidej Chantangkul
• PETTER MERVYN MATTHEWS
• Patricia Rincon
• Rajiv Lall
• Rueben Lifuka

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

Operates in: El Salvador · Ethiopia · Guatemala · Honduras · Malawi · Panama · Tanzania · Thailand · Throughout England And Wales · Uganda · Ukraine

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PUBLISH WHAT YOU FUND.

• PUBLISH WHAT YOU FUND income £781k
• CONSTRUCTION INDUSTRY TRUST FOR YOUTH income £1.9m
• STEMA income £151k
• CAUSEWAY EDUCATION LTD income £772k
• THE HULL BUILDING SAFETY GROUP LTD income £135k
• THE COMPANY OF CHARTERED SURVEYORS CHARITABLE TRUST FUND (1992) income £463k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.