LUMINATE STRATEGIC INITIATIVES
The Charity's objects incl: Advance education in tech, digital environment and data; promote civic responsibility, facilitate informed participation in democratic processes; promote human rights including the rights to privacy and freedom of expressions; Promote ethical standards of conduct and compliance in all sectors; Protect the public from harmful or illegal online material
Financial health, per its FY2024 accounts
The accounts state that Luminate Strategic Initiatives reported a net income surplus of $3,055 for the year ended 31 December 2024, following a significant deficit in the prior year. The charity holds unrestricted funds of $Nil at year-end, supported by cash at bank of $9,283, and relies on resource-sharing agreements with related parties to maintain a low-cost operational base. The trustees and auditors confirm the entity is a going concern with no material uncertainties identified.
What the accounts disclose
“Luminate UK Services Limited, Luminate US Services Limited, Luminate Foundation, Luminate Projects Limited (LSI’s parent) and Luminate Holdings LLC have a relationship with LSI is governed by a Framework Agreement. Luminate UK Services, Luminate US Services and LPL provide staff, office and administrative support to LSI. Luminate Projects Limited, Luminate Foundation and Luminate US Services Limited may provide grant funding to the charity. This helps to maintain a low-cost base for the Charity.” — page 5
Trustees
- Julie McCarthy
- Melanie HUI Kwei
- Shaila Gupta
- Stephen Nicholas Manfred King
- VINIT K RISHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £31k |
Common questions
Is LUMINATE STRATEGIC INITIATIVES financially healthy?
Per its FY2024 accounts: The accounts state that Luminate Strategic Initiatives reported a net income surplus of $3,055 for the year ended 31 December 2024, following a significant deficit in the prior year. The charity holds unrestricted funds of $Nil at year-end, supported by cash at bank of $9,283, and relies on resource-sharing agreements with related parties to maintain a low-cost operational base. The trustees and auditors confirm the entity is a going concern with no material uncertainties identified. Its FY2024 accounts were audited by Price Bailey LLP.