THE BRITISH SCHOLARSHIP TRUST (BOSNIA AND HERZEGOVINA, CROATIA, KOSOVO, MONTENEGRO, NORTH MACEDONIA, SERBIA)
The charity makes grants to students from Bosnia and Herzegovina, Croatia, Kosovo, Montenegro, North Macedonia, and Serbia enabling them to study in the UK. Typically the grants are for postgraduate study trips to British universities or other higher education / research institutions and cover living costs and some other expenses for a period of one to three months.
Objects
TO PROMOTE THE EDUCATION OF GRADUATE STUDENTS PRIMARILY BUT NOT EXCLUSIVELY UNDER THE AGE OF 30 YEARS WHO ARE RESIDENT IN THE COUNTRIES OF BOSNIA AND HERZEGOVINA, CROATIA, KOSOVO, MONTENEGRO, NORTH MACEDONIA AND SERBIA. THE CIO WILL DO THIS BY AWARDING SCHOLARSHIPS TO ENABLE SUCH PERSONS TO UNDERTAKE SHORT PERIODS OF RESEARCH IN THE UNITED KINGDOM AT ANY UNIVERSITY, COLLEGE OF EDUCATION, OR OTHER INSTITUTION OF FURTHER EDUCATION (INCLUDING PROFESSIONAL AND TECHNICAL) APPROVED FOR THE PURPOSE BY THE TRUSTEES.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £414,191, which the trustees state are sufficient to cover expected operating expenditure for the foreseeable future. The total net assets increased to £1,562,741, driven by investment gains and incoming resources exceeding charitable expenditure. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
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
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Register events
- Received assets from another charity (25/07/2024)
Trustees
- Cathie Carmichaelchair
- CELIA HAWKESWORTH
- Camilla Persephone Lenox Marzouk
- Dr Alun Thomas
- Dr MARK THOMPSON
- Dr RADMILA MILEUSNIC
- Dr Tanja Radu
- Kenneth Morrison
- SANJA BOSAK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £46k | £33k |
| 31/08/2024 | £43k | £32k |
| 31/08/2023 | £41k | £46k |
Common questions
Is THE BRITISH SCHOLARSHIP TRUST (BOSNIA AND HERZEGOVINA, CROATIA, KOSOVO, MONTENEGRO, NORTH MACEDONIA, SERBIA) financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £414,191, which the trustees state are sufficient to cover expected operating expenditure for the foreseeable future. The total net assets increased to £1,562,741, driven by investment gains and incoming resources exceeding charitable expenditure. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.