THE TESFA SPONSORSHIP TRUST UK
The prevention or relief of poverty in Addis Ababa, Ethiopia by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.The organisation currently has partnerships with two Ethiopian NGOs (CBISDO and AHISDO) which in turn provide poverty alleviation services to the communities in which they are based in Addis
Objects
THE PREVENTION OR RELIEF OF POVERTY IN ADDIS ABABA, ETHIOPIA BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £1,077.57 for the year, with total receipts of £42,602.96 and total payments of £43,680.53. The trustees report that unrestricted reserves stood at £5,464.97, which is above the stated minimum policy target of £1,500. The charity maintains a cash balance of £15,613.90, split between restricted and unrestricted funds, with no liabilities recorded at year-end.
What the accounts disclose
“Donations ‘Sponsorship - standing orders 26,283.00” — page 10
“Operational costs slightly increased to £3,967.53 being 9.31% of total income” — page 7
“Reserves Policy - approved 24th September 2024 - delivers clarity on the minimum funds to be retained in the bank account as a reserves management tool, presently £1,500.” — page 8
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- PAUL GRAHAM WILSONchair
- BENJAMIN RUSSELL BOOTH
- Lucy Booth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £43k | £44k |
| 31/03/2024 | £41k | £43k |
| 31/03/2023 | £46k | £43k |
| 31/03/2022 | £50k | £44k |
| 31/03/2021 | £42k | £43k |
Common questions
Is THE TESFA SPONSORSHIP TRUST UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £1,077.57 for the year, with total receipts of £42,602.96 and total payments of £43,680.53. The trustees report that unrestricted reserves stood at £5,464.97, which is above the stated minimum policy target of £1,500. The charity maintains a cash balance of £15,613.90, split between restricted and unrestricted funds, with no liabilities recorded at year-end. Its FY2025 accounts were independently examined.