PROSPECT BURMA CIO
Prospect Burma strives to build a better future for Myanmar, through the promotion of, and investment in, education. We create access opportunities, to bridge the gap between state education and higher study. We support individuals to undertake education abroad to gain skills and qualifications unavailable in Myanmar. We provide networking and community development support when they return home.
Objects
(A) PROMOTE AND ENABLE THE EDUCATION AND/OR TRAINING OF ANY TYPE OF PEOPLE IN OR FROM BURMA IN ANY WAY THAT THE CHARITY TRUSTEES THINK FIT, INCLUDING BUT NOT LIMITED TO AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY SCHOOL, UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION OR TRAINING; AND (B) IN FURTHERANCE OF ENABLING SUCH EDUCATION OR TRAINING, MAKE SUCH GRANTS OR PROVIDE SUCH OTHER SUPPORT TO SUCH EDUCATIONAL INSTITUTIONS AS THE CHARITY TRUSTEES MAY THINK FIT; AND (C) IN ORDER TO ENCOURAGE RETURNING SCHOLARS TO IMPACT THEIR COMMUNITIES POSITIVELY UPON RETURN TO MYANMAR, SUPPORT AND PROVIDE GRANTS TO ALUMNI LED TRAINING, NETWORKING, COMMUNITY INTERVENTIONS AND RELATED ACTIVITIES
Financial health, per its FY2025 accounts
The accounts state that total income increased by 48% to £696,204, while total expenditure rose to £696,739, resulting in a net loss of £535. The charity reports unrestricted reserves of £115,399, which it states is consistent with its stated reserves policy target of £170,000. The trustees conclude that the charity remains a going concern, citing sufficient reserves to meet commitments and a secured budget for the 2025 calendar year.
What the accounts disclose
“The reserves policy of Prospect Burma CIO is set at £170,000” — page 14
Policies the charity declares
- 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
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 6
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 5
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 8
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (29/06/2018)
Trustees
- Dr Michael Marett-Crosbychair
- Anthony Philip Hulse
- Dr Kathleen Mathea Falco
- Mai Ni Ni Aung
- Martin Timothy Smith
- Michael Jonathan Gregson
- RICHARD WILLIAM ATTERBURY
- Stephanie O'Connell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £696k | £697k |
| 31/03/2024 | £472k | £528k |
| 31/03/2023 | £481k | £694k |
| 31/03/2022 | £605k | £648k |
| 31/03/2021 | £558k | £527k |
Common questions
Is PROSPECT BURMA CIO financially healthy?
Per its FY2025 accounts: The accounts state that total income increased by 48% to £696,204, while total expenditure rose to £696,739, resulting in a net loss of £535. The charity reports unrestricted reserves of £115,399, which it states is consistent with its stated reserves policy target of £170,000. The trustees conclude that the charity remains a going concern, citing sufficient reserves to meet commitments and a secured budget for the 2025 calendar year. Its FY2025 accounts were independently examined.
Who funds PROSPECT BURMA CIO?
Funders whose own accounts filings name PROSPECT BURMA CIO as a grant recipient include THE CAMELLIA FOUNDATION, THE M J SAMUEL CHARITABLE TRUST, THE BOLTINI TRUST, THE TULA TRUST LIMITED, MISS E F RATHBONE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CAMELLIA FOUNDATION | FY2022 | £30k | |
| THE CAMELLIA FOUNDATION | FY2023 | £25k | |
| THE CAMELLIA FOUNDATION | FY2025 | £25k | |
| THE CAMELLIA FOUNDATION | FY2024 | £25k | Relief of poverty/financial hardship |
| THE M J SAMUEL CHARITABLE TRUST | FY2024 | £18k | |
| THE M J SAMUEL CHARITABLE TRUST | FY2023 | £16k | |
| THE BOLTINI TRUST | FY2025 | £10k | |
| THE BOLTINI TRUST | FY2024 | £10k | |
| THE M J SAMUEL CHARITABLE TRUST | FY2025 | £8k | |
| THE TULA TRUST LIMITED | FY2022 | £2k | |
| THE TULA TRUST LIMITED | FY2024 | £2k | |
| MISS E F RATHBONE CHARITABLE TRUST | FY2022 | £2k | |
| THE TULA TRUST LIMITED | FY2023 | £2k | |
| THE S M B TRUST | FY2022 | £2k | |
| MISS E F RATHBONE CHARITABLE TRUST | FY2024 | £1k | International |
| GILCHRIST EDUCATIONAL TRUST | FY2023 | £1k | |
| MISS E F RATHBONE CHARITABLE TRUST | FY2023 | £1k | International |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EVAN CORNISH FOUNDATION | 2 | £37k |
| This Day Foundation | 1 | £4.4m |
| THE NUFFIELD FOUNDATION | 1 | £367k |
| GLOBAL DIALOGUE | 1 | £163k |
| THE BARROW CADBURY TRUST | 1 | £103k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £98k |
| PETER STORMONTH DARLING CHARITABLE TRUST | 1 | £20k |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | 1 | £18k |
Charities like this
- THE BURMA STAR MEMORIAL FUND
- MOBILE EDUCATION PARTNERSHIPS
- BURMA SKINCARE INITIATIVE
- THE PROSPECTS FOUNDATION
- GIVING OPPORTUNITIES TO ACHIEVE AND LEARN FOR THE GAMBIA
- BRITISH FUTURE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PROSPECT BURMA CIO | £696k | — | 0 | unclear | — | no doubt |
| THE BURMA STAR MEMORIAL FUND | £107k | — | 0 | unclear | — | no doubt |
| MOBILE EDUCATION PARTNERSHIPS | £66k | — | 0 | unclear | — | no doubt |
| BURMA SKINCARE INITIATIVE | £332k | — | 0 | below | — | noted |
| THE PROSPECTS FOUNDATION | £358k | — | 0 | unclear | — | no doubt |
| GIVING OPPORTUNITIES TO ACHIEVE AND LEARN FOR THE GAMBIA | £75k | — | 0 | unclear | — | no doubt |