Charity Accounts Intelreading the accounts so you don’t have to

SWESA UK

Registered charity 1166237 · accounts filings on the Charity Commission register · also known as SEAT OF WISDOM COLLEGE FONTEM EX STUDENTS ASSOCIATION, UK

Various charitable activities to promote and enhance education

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Get email alerts

Latest income
£29k
Latest spending
£27k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a surplus of £2,451.99, resulting in unrestricted funds of £5,642.74 carried forward. The trustees report that these reserves are equivalent to more than two months of charitable expenditure. The filing notes that the balance sheet is prepared based on cash balances with no creditors or accruals assumed to be nil.

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

What the accounts disclose

Largest income source: Ticket sales (79% of income)
“Ticket sales 23,029.39”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: more than two months of charitable expenditure (held: £6k)
“reserves at the balance sheet date are equivalent to more than two months of charitable expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Cameroon · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£29k£27k
31/12/2023£3k£35
31/12/2022£250£0
31/12/2021£0£0
31/12/2020£0£200

Common questions

Is SWESA UK financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a surplus of £2,451.99, resulting in unrestricted funds of £5,642.74 carried forward. The trustees report that these reserves are equivalent to more than two months of charitable expenditure. The filing notes that the balance sheet is prepared based on cash balances with no creditors or accruals assumed to be nil. Its FY2024 accounts were independently examined.