PROSPECT BURMA CIO — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: CIO
Registered: 16 June 2016
Removed: Not supplied
Financial period: 1 April 2024 – 31 March 2025
Latest income: £696,204
Latest expenditure: £696,739
Gift Aid: Yes
Owns or uses land: No
In administration: No
Insolvent: No
CIO: Yes

Public contact address: FLAT A, 35 BRONDESBURY VILLAS, LONDON, NW6 6AH

Website recorded by the regulator: www.prospectburma.org (displayed as text)

02 Activities

What the charity does

Prospect Burma strives to build a better future for Myanmar, through the promotion of, and investment in, education. We create access opportunities, to bridge the gap between state education and higher study. We support individuals to undertake education abroad to gain skills and qualifications unavailable in Myanmar. We provide networking and community development support when they return home.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 January 2026
Date Annual Return Received: 13 January 2026
Date Accounts Received: 13 January 2026
Total Gross Income: £696,204
Total Gross Expenditure: £696,739

Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 January 2025
Date Annual Return Received: 28 January 2025
Date Accounts Received: 28 January 2025
Total Gross Income: £471,715
Total Gross Expenditure: £528,124

Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 January 2024
Date Annual Return Received: 19 January 2024
Date Accounts Received: 19 January 2024
Total Gross Income: £480,768
Total Gross Expenditure: £693,708

Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 January 2023
Date Annual Return Received: 6 December 2022
Date Accounts Received: 6 December 2022
Total Gross Income: £605,106
Total Gross Expenditure: £648,328

Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 January 2022
Date Annual Return Received: 21 December 2021
Date Accounts Received: 21 December 2021
Total Gross Income: £558,342
Total Gross Expenditure: £527,055

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 13 January 2026
Total Gross Income: £696,204
Total Gross Expenditure: £696,739
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 6

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 28 January 2025
Total Gross Income: £471,715
Total Gross Expenditure: £528,124
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 5

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 19 January 2024
Total Gross Income: £480,768
Total Gross Expenditure: £693,708
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 8

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 6 December 2022
Total Gross Income: £605,106
Total Gross Expenditure: £648,328
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 8

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 21 December 2021
Total Gross Income: £558,342
Total Gross Expenditure: £527,055
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 8

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 13 January 2026
Income Donations And Legacies: 680058
Income Other Trading Activities: 11293
Income Charitable Activities: 0
Income Investments: 4853
Income Other: 0
Income Total Income And Endowments: 696204
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £42,999
Expenditure Charitable Expenditure: £653,740
Expenditure Other: 0
Expenditure Total: 696739
Expenditure Investment Management: 0
Expenditure Grants Institution: 87799
Expenditure Governance: 96692
Expenditure Support Costs: 96692
Expenditure Depreciation: 0
Gain Loss Investment: 595
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: -9069
Reserves: £115,399
Assets Total Fixed: 115477
Assets Own Use: 0
Assets Long Term Investment: 115477
Defined Benefit Pension Scheme: 0
Assets Other Assets: £180,055
Assets Total Liabilities: £102,966
Assets Current Investment: 0
Assets Total Assets And Liabilities: £192,566
Creditors One Year Total Current: 102966
Creditors Falling Due After One Year: 0
Assets Cash: £131,841
Funds Endowment: 0
Funds Unrestricted: 115399
Funds Restricted: 77167
Funds Total: 192566
Count Employees: 3
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 6 December 2022
Income Donations And Legacies: 581446
Income Other Trading Activities: 13882
Income Charitable Activities: 0
Income Investments: 9778
Income Other: 0
Income Total Income And Endowments: 605106
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £90,618
Expenditure Charitable Expenditure: £557,710
Expenditure Other: 0
Expenditure Total: 648328
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 63832
Expenditure Support Costs: 63832
Expenditure Depreciation: 0
Gain Loss Investment: 1276
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £441,536
Assets Total Fixed: 340838
Assets Own Use: 0
Assets Long Term Investment: 340838
Defined Benefit Pension Scheme: 0
Assets Other Assets: £169,878
Assets Total Liabilities: £27,905
Assets Current Investment: 0
Assets Total Assets And Liabilities: £482,811
Creditors One Year Total Current: 27905
Creditors Falling Due After One Year: 0
Assets Cash: £12,750
Funds Endowment: 0
Funds Unrestricted: 41275
Funds Restricted: 441536
Funds Total: 482811
Count Employees: 4
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 21 December 2021
Income Donations And Legacies: 547327
Income Other Trading Activities: 574
Income Charitable Activities: 0
Income Investments: 10441
Income Other: 0
Income Total Income And Endowments: 558342
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £67,580
Expenditure Charitable Expenditure: £459,475
Expenditure Other: 0
Expenditure Total: 527055
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 2640
Expenditure Support Costs: 82274
Expenditure Depreciation: 0
Gain Loss Investment: 41183
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £423,197
Assets Total Fixed: 342114
Assets Own Use: 0
Assets Long Term Investment: 342114
Defined Benefit Pension Scheme: 0
Assets Other Assets: £192,891
Assets Total Liabilities: £7,696
Assets Current Investment: 0
Assets Total Assets And Liabilities: £527,309
Creditors One Year Total Current: 7696
Creditors Falling Due After One Year: 0
Assets Cash: £182,002
Funds Endowment: 0
Funds Unrestricted: 423197
Funds Restricted: 104112
Funds Total: 527309
Count Employees: 3
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Country
Geographic Area Description: Burma
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Asia
Welsh Ind: No

Geographic Area Type: Local Authority
Geographic Area Description: City Of Westminster
Parent Geographic Area Type: Metropolitan Counties
Parent Geographic Area Description: Greater London
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 301
Classification Type: How
Classification Description: Makes Grants To Individuals

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 206
Classification Type: Who
Classification Description: Other Defined Groups

Classification Code: 303
Classification Type: How
Classification Description: Provides Other Finance

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 302
Classification Type: How
Classification Description: Makes Grants To Organisations

08 Official extract

Charity Event History

Charity Name: PROSPECT BURMA CIO
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2018-06-29T00:00:00
Reason: Transfer of funds
Assoc Organisation Number: 802615
Assoc Registered Charity Number: 802615
Assoc Charity Name: PROSPECT BURMA

Charity Name: PROSPECT BURMA CIO
Charity Event Order: 1
Event Type: CIO registration
Date Of Event: 2016-06-16T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: CIO - FOUNDATION REGISTERED 16 JUN 2016AMENDED ON 09 JUL 2020
Charitable Objects: (A) PROMOTE AND ENABLE THE EDUCATION AND/OR TRAINING OF ANY TYPE OF PEOPLE IN OR FROM BURMA IN ANY WAY THAT THE CHARITY TRUSTEES THINK FIT, INCLUDING BUT NOT LIMITED TO AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY SCHOOL, UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION OR TRAINING; AND (B) IN FURTHERANCE OF ENABLING SUCH EDUCATION OR TRAINING, MAKE SUCH GRANTS OR PROVIDE SUCH OTHER SUPPORT TO SUCH EDUCATIONAL INSTITUTIONS AS THE CHARITY TRUSTEES MAY THINK FIT; AND (C) IN ORDER TO ENCOURAGE RETURNING SCHOLARS TO IMPACT THEIR COMMUNITIES POSITIVELY UPON RETURN TO MYANMAR, SUPPORT AND PROVIDE GRANTS TO ALUMNI LED TRAINING, NETWORKING, COMMUNITY INTERVENTIONS AND RELATED ACTIVITIES

10 Official extract

Charity Policy

Policy Name: Safeguarding policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Paying staff

Policy Name: Bullying and harassment policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Financial reserves policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Serious incident reporting policy and procedures

Policy Name: Trustee expenses policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Complaints handling

Policy Name: Investing charity funds policy and procedures

Policy Name: Internal risk management policy and procedures

Policy Name: Risk management

Policy Name: Conflicting interests

Policy Name: Investment

Policy Name: Volunteer management