NORTHWOOD AFRICAN EDUCATION FOUNDATION

Registered charity 1153346 · accounts filings on the Charity Commission register

The charity's objective is to build, and entirely finance the running of a school in Ethiopia, for orphans and severely disadvantaged children. The school opened in March 2014, and currently (25.06.2018) has 301 children enrolled. We are in the third Phase of our building programme.

Causes: Education/training · website · Get email alerts

Latest income

£460k

Latest spending

£419k

Registered

2013

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £350,510 against a policy target of three months of operational costs, indicating a healthy financial position. The charity reported a net income surplus of £41,452 for the period, supported by total income of £460,158. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future.

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

What the accounts disclose

Reserves policy: three months of operational costs (held: £351k)

“The aim is to hold sufficient reserves to cover the operational costs of NAEF for 3 months (being the grants payable to St George’s School and the UK operating costs).” — page 8

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Northwood African Education Foundation (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Register events

Received assets from another charity (05/03/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Nicholas Wilcockchair · trustee of 1 other charity
Evrim Maitland
Georgia Dawson
Georgia Dawson
LADY KATHARINE ANNE COLQUHOUN
Lee Stuart Muller
Lucy Eleanor Wills
Patrick John Colquhoun
RUPERT JOHN ALEXANDER FANE · trustee of 1 other charity
SIR MALCOLM RORY COLQUHOUN

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

Operates in: Ethiopia

Income and spending

Financial year end	Income	Spending
31/12/2024	£460k	£419k
31/08/2023	£394k	£368k
31/08/2022	£340k	£285k
31/08/2021	£276k	£262k
31/08/2020	£301k	£415k

Common questions

Is NORTHWOOD AFRICAN EDUCATION FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £350,510 against a policy target of three months of operational costs, indicating a healthy financial position. The charity reported a net income surplus of £41,452 for the period, supported by total income of £460,158. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.

Who funds NORTHWOOD AFRICAN EDUCATION FOUNDATION?

Funders whose own accounts filings name NORTHWOOD AFRICAN EDUCATION FOUNDATION as a grant recipient include THE BILLMEIR CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
THE BILLMEIR CHARITABLE TRUST	FY2024	£7k
THE BILLMEIR CHARITABLE TRUST	FY2025	£5k
THE BILLMEIR CHARITABLE TRUST	FY2023	£2k	Donations