THE UK FRIENDS OF SUMBANDILA SCHOLARSHIP TRUST
Sumbandila aims to find intelligent and determined children from extremely deprived rural backgrounds and take them on an eight-year educational journey, with the long-term goal of creating leaders and entrepreneurs who can effect much-needed change in our society and economy. Sumbandila places a high emphasis on much-needed skills like mathematics, science, and technology.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME ON TRUST TO APPLY THEM IN SUCH PROPORTIONS AND IN SUCH MANNER IN ALL RESPECTS AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME THINK FIT AND, IN PARTICULAR (WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING), THE ADVANCEMENT OF EDUCATION AND THE PREVENTION OR RELIEF OF POVERTY IN RESPECT OF CHILDREN AND YOUNG PEOPLE IN SOUTHERN AFRICA.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £86,631, representing a significant increase from the previous year's £43,570. Per the trustees' report, the charity maintains a policy to utilize all income arising, with any surplus or deficit varying according to grant payment timing. The trustees confirm that the sister charity will provide financial support if a deficit arises, ensuring the trust can continue as a going concern.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
Trustees
- LEIGH BRISTOWchair
- Antoinette Vanderpuije
- Douglas Richard Hoernle
- Emma Vernetti
- Kathleen Tara Cranswick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £144k | £180k |
| 31/01/2024 | £89k | £46k |
| 31/01/2023 | £45k | £402 |
| 31/01/2022 | £0 | £0 |
Common questions
Is THE UK FRIENDS OF SUMBANDILA SCHOLARSHIP TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £86,631, representing a significant increase from the previous year's £43,570. Per the trustees' report, the charity maintains a policy to utilize all income arising, with any surplus or deficit varying according to grant payment timing. The trustees confirm that the sister charity will provide financial support if a deficit arises, ensuring the trust can continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £33k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £29k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £23k |
| MYISRAEL | 1 | £20k |
| THE CHILDHOOD TRUST | 1 | £16k |
| THE BURBERRY FOUNDATION | 1 | £11k |
| SSP FOUNDATION | 1 | £500 |
Charities like this
- MASAMBIRO UK
- SHANTI BHAVAN CHILDRENS PROJECT: U.K. CHAPTER
- THE SUNRISE EDUCATION TRUST
- SUUBI AFRICA (UK)
- LIGHTHOUSE EDUCATIONAL SOCIETY
- THE MILLENNIUM OAK TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE UK FRIENDS OF SUMBANDILA SCHOLARSHIP TRUST | £144k | — | 0 | unclear | — | no doubt |
| MASAMBIRO UK | £124k | — | 0 | above | — | no doubt |
| SHANTI BHAVAN CHILDRENS PROJECT: U.K. CHAPTER | £246k | — | 0 | unclear | — | no doubt |
| THE SUNRISE EDUCATION TRUST | £466k | — | 0 | unclear | — | no doubt |
| SUUBI AFRICA (UK) | £125k | — | 0 | unclear | — | no doubt |
| LIGHTHOUSE EDUCATIONAL SOCIETY | £722k | — | 0 | unclear | — | no doubt |