THE CONSTRUCTION SECTOR TRANSPARENCY INITIATIVE

Registered charity 1152236 · accounts filings on the Charity Commission register · also known as COST · listed website unreachable when last crawled

Latest income
£1.8m
Latest spending
£1.8m
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income surplus of £184,405 for the year ended 31 December 2023, with total incoming resources of £1,222,941 against resources expended of £1,038,536. Per the trustees' report, unrestricted reserves stood at £13,022, while restricted funds held £215,027. The trustees confirmed the charity has sufficient resources to meet liabilities for at least twelve months, citing approved funding from the FCDO and new agreements with other partners.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
The balance on unrestricted funds at 31 December 2023 is £13,022. — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Magma Audit LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.8m
Total spending
£1.8m
Reserves (reported)
£15k
Employees
0

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Financial year endIncomeSpending
31/12/2024£1.8m£1.8m
31/12/2023£1.2m£1.0m
31/12/2022£660k£617k
31/12/2021£642k£957k
31/12/2020£1.5m£1.5m

Common questions

Is THE CONSTRUCTION SECTOR TRANSPARENCY INITIATIVE financially healthy?

The accounts state that the charity reported a net income surplus of £184,405 for the year ended 31 December 2023, with total incoming resources of £1,222,941 against resources expended of £1,038,536. Per the trustees' report, unrestricted reserves stood at £13,022, while restricted funds held £215,027. The trustees confirmed the charity has sufficient resources to meet liabilities for at least twelve months, citing approved funding from the FCDO and new agreements with other partners. Its FY2023 accounts were audited by Magma Audit LLP.

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