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

BLACK, ASIAN & MINORITY ETHNIC EDUCATORS (BAMEED)

Registered charity 1192628 · accounts filings on the Charity Commission register · also known as BAMEED

We are a grassroots network aimed at ensuring our diverse communities are accepted as a substantive part of the education workforce. We seek to address the inequities in the recruitment and career progression of Black, Asian and minority ethnic colleagues into the teaching profession. We advocate, coach & connect educators and schools together towards achieving racial and other social justice.

Causes: Education/training · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£28k
Latest spending
£32k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the network's financial position continues to be satisfactory, with trustees using donations to ensure all expenses are covered. The charity reports a net outgoing of £3,426 for the year, resulting in unrestricted funds carried forward of £9,271. The trustees aim to build strong financial reserves to maintain sustainability in the upcoming financial year.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £9k; policy: an aim for the next financial year)
“Originally the charity aimed to spend and maintain its margins only for its work, so there are low levels of identified reserves in this financial year. There is agreement for reserves to be built from unrestricted funds that would allow the charity’s work to continue in times where donations and grants are limited. This is an aim for the next financial year.” — page 6
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: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£28k£32k
31/12/2023£9k£6k
31/12/2022£9k£5k
31/12/2021£26k£21k

Common questions

Is BLACK, ASIAN & MINORITY ETHNIC EDUCATORS (BAMEED) financially healthy?

Per its FY2024 accounts: The accounts state that the network's financial position continues to be satisfactory, with trustees using donations to ensure all expenses are covered. The charity reports a net outgoing of £3,426 for the year, resulting in unrestricted funds carried forward of £9,271. The trustees aim to build strong financial reserves to maintain sustainability in the upcoming financial year. Its FY2024 accounts were independently examined.