ETHIOPIAID
Latest income
£3.1m
Latest spending
£2.6m
Registered
1989
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted general reserves were £1,191,658, which the trustees consider to be in line with their target policy of six months of running costs and partner grant commitments. The charity reported a net income increase of £555,874 for the year, supported by significant legacy income, and maintains adequate cash resources to continue operations without material uncertainty.
What the accounts disclose
Reserves policy: six months of core running costs and six months of planned partner grant commitments (held: £1.2m)
“The Trustees consider an appropriate reserves level for the organisation to be the equivalent of six months of Ethiopiaid UK’s core running costs together with six months of planned partner grant commitments. Based on the 2026 budget, this equates to a target reserves level of approximately £1,186,860” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donated business support (HR and payroll) from Reed Specialist Recruitment Limited.
“In 2025 the charity benefitted from donated business support (HR and payroll) from Reed Specialist Recruitment Limited. Payroll was brought in-house mid-way through the year. Ethiopiaid was founded by Sir Alec Reed CBE in 1989 and he served as an Ethiopiaid Trustee until 2016. Ethiopiaid Trustee Alexandra Chapman is a member of the Reed Family, a shareholder of the Reed Family Companies and a Trustee of the Reed Foundation. Ethiopiaid Trustee Patrick Reed is a member of the Reed family. Patrick is the son of James Reed, the current Chairman of Reed Specialist Recruitment, and nephew of Alexandra Chapman the current Chair of the Board at Ethiopiaid.” — page 14
“In 2025 donations were received from the following related parties: ▪ Alexandra Chapman £845; ▪ Alexandra Fenn £180; ▪ Edith Prak £240; and ▪ Michael Norman £20.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations: Alexandra Chapman £845, Alexandra Fenn £180, Edith Prak £240, Michael Norman £20.
“In 2025 the charity benefitted from donated business support (HR and payroll) from Reed Specialist Recruitment Limited. Payroll was brought in-house mid-way through the year. Ethiopiaid was founded by Sir Alec Reed CBE in 1989 and he served as an Ethiopiaid Trustee until 2016. Ethiopiaid Trustee Alexandra Chapman is a member of the Reed Family, a shareholder of the Reed Family Companies and a Trustee of the Reed Foundation. Ethiopiaid Trustee Patrick Reed is a member of the Reed family. Patrick is the son of James Reed, the current Chairman of Reed Specialist Recruitment, and nephew of Alexandra Chapman the current Chair of the Board at Ethiopiaid.” — page 14
“In 2025 donations were received from the following related parties: ▪ Alexandra Chapman £845; ▪ Alexandra Fenn £180; ▪ Edith Prak £240; and ▪ Michael Norman £20.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses: Helena Smith £118.
“In 2025 the charity benefitted from donated business support (HR and payroll) from Reed Specialist Recruitment Limited. Payroll was brought in-house mid-way through the year. Ethiopiaid was founded by Sir Alec Reed CBE in 1989 and he served as an Ethiopiaid Trustee until 2016. Ethiopiaid Trustee Alexandra Chapman is a member of the Reed Family, a shareholder of the Reed Family Companies and a Trustee of the Reed Foundation. Ethiopiaid Trustee Patrick Reed is a member of the Reed family. Patrick is the son of James Reed, the current Chairman of Reed Specialist Recruitment, and nephew of Alexandra Chapman the current Chair of the Board at Ethiopiaid.” — page 14
“In 2025 donations were received from the following related parties: ▪ Alexandra Chapman £845; ▪ Alexandra Fenn £180; ▪ Edith Prak £240; and ▪ Michael Norman £20.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2025)
Total income
£3.1m
Total spending
£2.6m
Cost of raising funds
£220k
Reserves (reported)
£1.2m
Employees
10
Register events
- Received assets from another charity (05/06/2026)
- Received assets from another charity (14/05/2021)
Trustees
- ALEX CHAPMANchair
- ALEX FENN
- Dr Alemayehu Asfaw Gebreyes
- Edith Prak
- Helena Smith
- Nicola Bullock
- Patrick Reed
- Vanessa Catterall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.1m | £2.6m |
| 31/12/2024 | £2.4m | £2.6m |
| 31/12/2023 | £2.4m | £3.1m |
| 31/12/2022 | £2.9m | £3.2m |
| 31/12/2021 | £2.7m | £2.5m |
Common questions
Is ETHIOPIAID financially healthy?
The accounts state that unrestricted general reserves were £1,191,658, which the trustees consider to be in line with their target policy of six months of running costs and partner grant commitments. The charity reported a net income increase of £555,874 for the year, supported by significant legacy income, and maintains adequate cash resources to continue operations without material uncertainty. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Who funds ETHIOPIAID?
Funders whose own accounts filings name ETHIOPIAID as a grant recipient include THE ALBORADA TRUST, THE BRITFORD BRIDGE TRUST, THE COLES-MEDLOCK FOUNDATION, PETER DIXON CHARITABLE TRUST, THE OAKDALE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ALBORADA TRUST | FY2023 | £250k |
| THE BRITFORD BRIDGE TRUST | FY2023 | £19k |
| THE BRITFORD BRIDGE TRUST | FY2024 | £19k |
| THE COLES-MEDLOCK FOUNDATION | FY2024 | £15k |
| THE COLES-MEDLOCK FOUNDATION | FY2023 | £10k |
| PETER DIXON CHARITABLE TRUST | FY2023 | £10k |
| THE OAKDALE TRUST | FY2025 | £2k |
| MISS E F RATHBONE CHARITABLE TRUST | FY2022 | £1k |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £-200k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAND AID CHARITABLE TRUST | 1 | £600k |
| THE KIRBY LAING FOUNDATION | 1 | £20k |
| THE HOSKING CHARITABLE TRUST | 1 | £20k |
| THE EVAN CORNISH FOUNDATION | 1 | £14k |
| OVE ARUP PARTNERSHIP CHARITABLE TRUST | 1 | £11k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| THE WOGEN ANNIVERSARY TRUST | 1 | £5k |
| THE BIRMINGHAM MOSQUE TRUST LIMITED | 1 | £2k |