EDUCATION DEVELOPMENT TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £1.2m for the year, driven by a decline in income from charitable activities and the sale of subsidiaries. Despite this, free reserves increased to £23.2m for the Group, and the trustees confirmed that the charity has adequate headroom for cash and a strong balance sheet, with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Chief Executive Officer had total annual remuneration in the £210,000 - £219,999 range” — page 53
“During the year Education Development Trust transferred £6,000 grant funding to Unity Schools Partnership on behalf of the Department for Education”
“Education Development Trust is a charity registered in England and Wales and a company limited by guarantee. It has international and UK trading subsidiaries.” — page 27
Corporate structure
- Registered company of the charity Companies House 00867944
Leadership, per the charity’s website
- Sarah Farquhar — Interim Chief Executive Officer
- Anne Tutt — Chair of Trustees (Interim)
- Tony McAleavy — Chief Education & Skills Officer
- Mick Dyson — Chief Finance Officer
Funders the charity credits
- Mastercard Foundation
- Gates Foundation
- Roger Federer Foundation
- FCDO
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (18/06/2015)
- Received assets from another charity (23/04/2013)
Trustees
- Anne Catherine Tutt
- Edward Muchemi Wambugu
- JONATHAN SIMONS
- Joy Louise Hutcheon
- Nimal Jude Hemelge
- Tanya Barron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £73.8m | £75.3m |
| 31/08/2024 | £80.3m | £80.1m |
| 31/08/2023 | £91.2m | £90.4m |
| 31/08/2022 | £89.1m | £85.8m |
| 31/08/2021 | £66.6m | £66.5m |
Common questions
Is EDUCATION DEVELOPMENT TRUST financially healthy?
The accounts state that the charity reported a net decrease in funds of £1.2m for the year, driven by a decline in income from charitable activities and the sale of subsidiaries. Despite this, free reserves increased to £23.2m for the Group, and the trustees confirmed that the charity has adequate headroom for cash and a strong balance sheet, with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of EDUCATION DEVELOPMENT TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £210,000 - £219,999 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE APAX FOUNDATION | 1 | £81k |
| KUSUMA TRUST UK | 1 | £77k |
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £60k |
| CORAM LIFE EDUCATION | 1 | £22k |
| ROYAL COMMISSION FOR THE EXHIBITION OF 1851 | 1 | £15k |