GLOBAL INSTITUTE OF CREATIVE THINKING LIMITED
The charity exists to advance the education of the public (including but not limited to) in the field ofcreative thinking and critical thinking within education. The charity operates Throughout and outside England & Wales.
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
“relied entirely on voluntary income from its founder, Ms Frankie Lowe, who provided all incoming resources totalling £830,363.15.” — page 5
“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
“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.”
“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
Structured financials (annual return, FY ending 31/12/2024)
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?
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. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOUTH STREET GREEN ROOM FOUNDATION | 1 | £688k |
| THE JANE GOODALL INSTITUTE (UK) | 1 | £206k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £140k |
| THE TOLKIEN TRUST | 1 | £105k |
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £72k |
| THE TEDWORTH CHARITABLE TRUST | 1 | £20k |
| THE ALDGATE AND ALLHALLOWS FOUNDATION | 1 | £20k |
| The Patricia Routledge Foundation | 1 | £5k |
Charities like this
- INSTITUTE OF IMAGINATION
- THE ROYAL INSTITUTE OF PHILOSOPHY
- JANE GOODALL INSTITUTE, GLOBAL
- TRAINING AND RESEARCH GLOBAL EDUCATION TRUST
- COMMUNITY EDUCATION INSTITUTE
- GOOD THINKING
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GLOBAL INSTITUTE OF CREATIVE THINKING LIMITED | £830k | — | 0 | below | — | noted |
| INSTITUTE OF IMAGINATION | £512k | £80,001 - £90,000 | 0 | below | — | no doubt |
| THE ROYAL INSTITUTE OF PHILOSOPHY | £469k | — | 0 | below | — | no doubt |
| JANE GOODALL INSTITUTE, GLOBAL | £707k | — | — | unclear | — | no doubt |
| TRAINING AND RESEARCH GLOBAL EDUCATION TRUST | £280k | — | 0 | unclear | — | no doubt |
| COMMUNITY EDUCATION INSTITUTE | £231k | — | 0 | unclear | — | no doubt |