GLOBAL INSTITUTE OF CREATIVE THINKING LIMITED
Latest income
£830k
Latest spending
£810k
Registered
2023
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity had negative free reserves at the year end, resulting in a net deficit of £4,173. The trustees confirm that the going concern basis is appropriate only due to the continuing financial support of the Chair, who has agreed to refund expenditure only when funding permits.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The trustees consider the results to be satisfactory and are exploring suitable means to fund the ongoing activities and future plans of the Charity.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Board members see these initial periods as being for establishment. They are confident that, with the continuing support of the Chair who has agreed to be refunded expenditure only when funding permits, the Charity will meet day to day expenditure as it falls due and it is appropriate to use the ‘going concern’ basis to prepare the financial statements.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity paid £112,492 (USD $150,000) to UNESCO. There were no amounts outstanding at the year end, 31 December 2024.
“During the year, the Charity paid £112,492 (USD $150,000) to UNESCO. There were no amounts outstanding at the year end, 31 December 2024.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£830k
Total spending
£810k
Cost of raising funds
£781k
Reserves (reported)
£0
Employees
2
Trustees
- Frankie Lowechair
- Amanda Ruth Lando
- Dr Antonios Tsourdos PhD
- EDRYS MARGARET BARKHAM
- MARK ANDREW RUNCO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £830k | £810k |
Common questions
Is GLOBAL INSTITUTE OF CREATIVE THINKING LIMITED financially healthy?
The accounts state that the charity had negative free reserves at the year end, resulting in a net deficit of £4,173. The trustees confirm that the going concern basis is appropriate only due to the continuing financial support of the Chair, who has agreed to refund expenditure only when funding permits. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOUTH STREET GREEN ROOM FOUNDATION | 1 | £398k |
| THE JANE GOODALL INSTITUTE (UK) | 1 | £138k |
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £60k |
| TZEDOKOH VECHESED LIMITED | 1 | £45k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £38k |
| BELLJOE TZEDOKO LIMITED | 1 | £21k |
| CANVEY BRIGHT START LTD | 1 | £7k |
| FRIENDS OF YESHIVA LUZERN | 1 | £1k |