REGISTERED CIL4RrfY NUMBER: SC043643 & 1050992 ForAfrika Report of the Trnstees and Unaudited Financial Statements for the Year Ended 31 December 2024
ForAfrika Contents of the Financial Statements for the Year Ended 31 December 2024 Page Report of the Trustees Independent ExY&miner's Report Statement of Financial .4ctivi¢ies Balance Sheet otes to the Financial Statements
ForAfrika rt of the Trustees for the l'ear Ended 31 December 2024 The tnLqtees present their retK)rt with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of A¢counting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTtVES AND ACTtVlTtES Our Vision For Afiica lo thrive. Our Purpose DLiven by a deep love for our people, we won't stop working UDtii everyone on our continent has the resources they need. Our Mission To providc the rcsourccs thal unlock the abundancc of Africa so cvcry African commuTJity can thriN'c. Objectives and aim5 Thc Trust Objccts and Putposc pcr thc Trust Dccd (as amcndcd) arc as follow5: To promotc ihc rcLicf of pcrsons who arc in conditions of nccd, hardship and conscqucntly arc ID distrcss or who arc aged or sick 'IthOut rcgard io religion, creed or race and to include buL without prejudice to the generality of the foregoing. the folloiving activitie5'.- o The establishment, development and maintcnancc of 0hanage5 o The provision of CTncrgcncy rclicf aid whctheT by f(KKI or mcdical supplics or othcrwisc o To promote gd praclicc in nutrition hcalth and physical and tncntal dcvelopincnt To cstabli5h, providc and supw)rt clinic5 hcath ccDtrcs and hospitals whcihcr mobilc or stationary and whcthcr temporary or pern)anent in any part of the world ivhere the Trustees consider that the same would benefit the local population The aims and objeLrtives of the Charity this yeaT continue to raise funds for feeding progwams and enhanLing the quality of life for individuals in impoverisbed countties. In keeping with the objecis of Ihe Ckmrity, fmancial assistance is provided for feeding programs in eighi African countries from donations received. Public benefit Thc Truslccs havc con5idcrcd thc guidancc on public benefit and considcT that the Charity opcratcs foT the benefit of n]cmbcrs uf thc publiL Ii'ho suffcr malnutrition in thc cighi African countrics in which fccding piograTns upcratc. Thc Trustees further consider that "an Africa that ihrii'es" is of benefit to the whole world which bears a respK)nsibility for the citizens of Africa. In addition, the Trustees belieN'e that donovs to such programs benefit from an enhanced understanding of global challenges faced and also from an improN"ed sense of wellbeing by making a difference. The trustees monitor the pmgrnnmes undertaken to ensure they ate in line with the Lharitable objectives and are available to beneficiaries as widely as resources allow. Grantmaking The Trust has establishcd its grnit making policy to achicve its objects. for the public benefit. The charity's main activity involves raising inLomc to fund gTan15 tu prugrammcs supporting individuals in irnpovetished African countties. All grants have been paid tu FoiAfrika tu Thrive to SUPWrt the PrUatMe5 described in this report. All ¥rants are made at the discretion of the Trustees. Volunteers Thc Charity offcrs thc OPPOTtunity to volulltcc to fuDdraisc alld givc thcir timc and talcnts williDgly for thc bcncfit of the Charity. People iyho are passionate aiK)ut releasing children from the grip of poverty join with us to use their skills and contacts to see Tnore PTogrammes and projects funded. I'olunteers may be local chuTch membe]s. activists in their srtial sphere of influcnce, tean] Tncrnbe at cvents, and fund15¢ - from marathon TunncTr to cake bakcrs. All are working hard io savc and enhancc the livcs of the m05t vulnernble pcople in Africa. Page
ForAfrika rt of the Trustees for the l'ear Ended 31 December 2024 ACHIEVENIENTS AND PERFORMANCE Charitable activities In 2024, ForAfrika UK continued io wotk across its six key pillars: en]ergencie8 water. foo(L health, education, and ccunun]iL cmpow'Ltmcnl. Dcspitc thc global challcngcs. inLludiDg incre1¥ aLUte Icvcls of food inscLUtity madc wotsc by conflicts. climate events. and cuis in aid. ForAfrika's efforts remained strong. Through tlie support of donors. partncrs, and our dcdicatcd icams, w'c rcachcd 6J30,024 Iivc5 across our cight focus countrics. Notablc activitics and achicvcmcnts in 2024 includc= - ImpAet at scale: Morc than a so0/ incrcasc in rcach comparcd to 2023. Water, Sanitation, and Hvgiene IWASH): New tK)reholes. solar ii?ter systems and purification plants installed across Angola, Mozambique, South Sudan. Uganda and South Africa. reaching 1.3 million people with clean ThTater and improved sanitation systems. Out of those, 160 thousand people M'ere also reached with hygiene education sessions and hand-washing stations.. Food Security: Reached over 2.9 million people. 2.8 tons of food distnbuted in humanitarian responses. l. l rnillion dollars distributed in humanitarian social_protection resEK)nses. 74 tones of seeds distributed to support livelihood recovery. Health Programmes: First ultrasound machine delivered to Pibor Hospital in South Sudan, and over 1.3 million people reached in Health and Nutrition actii'ities, out of those.. - 350k children screen for malnutriiion across countries of operdtion - 41K treated '1th mi¢ronutrient and f(KKI supplements - 2000 nutrition sessions condu¢ted with more than 60k caregivers. Education: Compleiion of a slate-of-the-art ECD cenTre in Rivandi and the registration and upgrading of more than 100 ECD centres in South Africa. More than 800K children benefitting from school feeding in Angola. South Africa, Mozambique and South Sudan. Economic Empowernient: Village Savings and Loan Associaiions were also a key (triver of progress, 383 groups supported across Mozambique, Rwanda, Souih Sudan and Ugand< generating a of I million USD in savings and benefiting 44k households With financial resilience and pathivays inio enlerprises for strengthening financial resilience and creating pathways in lo enterprise for hundreds of ivomen and youth 01Vth in Alrican communities. FINANCI.4L REVIEW Financial position The financial ststements show ihe oveTall position of the Charity as at 31 December 2024 and its income and expenditure for the year ended that date. Thc TTUSt saw total incomc of £437,663 comparcd to £575.863 in 2023. Total cxpcnditurc fcll to £443,851 from £572.145 in 2023. As a con5cqucnce of the incomc and cxpcnditurc in 2024. a dcficit of L6.188 was recordcd foT the year compared to a surplus of £3.718 in 2023. Total funds at the year end weTe £47.181 (2023 £53,369) of which £39,181 {2023 £45,369) is uI]TCStricted and £8,000 (2023 £8,0 00) is Testricted. Principal fundillg sourees The principal funding Source for the Charity continue5 to be donations and grants from the public. corporates and foundations. Reserves poiicv It is the policy of the Charity to maintain suificient funds to suptK)rt activities. Our trustees have taken a decision to set minimum cash rcscrycs to coi'cr tsvcli'c months, opcrdtional costs. Thc cash rc5cTrcs comprisc unrcstrictcd funds only and cxcludc dcsignatcd fimds. Thc balancc of rcstrictcd rcscrvcs 11 only bc distributablc M,hcn thc conditions pertaining to the grant income are satisfied. Page 2
ForAfrika rt of the Trustees for the Year Ended 31 December 2024 FUTLIRE PLANS In 2025, ForAfvika UK aims lo: - Diversify ils funding SIr&nS by developing proposals for govemmenl instilulions, trusts, and foundations. - Strengthen corporate and church partnerships. - Enhance brand awareness and expand its rea¢h through strategic events and media coTrerage. STRUCTURF., GOVF.RNANCF. AND MANAGF.hlF.NT Goi'erning document The Trust is uninLorpornted Charity formed under a Trust Deed on 9 November 1995, as amended b! supplemental deeds dalcd 22 April 1997. 5 March 1998 and 9 OLlobet 2009. The trustces Lhanged the chatity nne by resolulion in April 2022. 11 is re¥isteied as a charity in England. ie¥istsatiun number l Oi0992. With elTect from 12 DeLernbei 2012, the Charity became a registered Charity i¥'iihin Scoilanth charity number SC043643. The Trust Deed established the Tnt'S objecis and powers and this is also the Tnl'S goi'erning document. Recruitment and appointment of new trustees The Trustees lake all major decisions concerning the actiNities of the Charity. The Trust Deed states that the appointment of additional Trustees is ai the discretion olthe existing Trustees. Organisational structure Thc day to day running of the Trust is Orn]ed by the TTUSt's administrator, supported by Trustees and external professionals. The Trustees mcet quartcrly in thc UK and corrcspond in the inteTh'cnin¥ rIodS. All financial decisions coT)cerning chaTitablc activitlC5 arc madc by the Trustec5 collcctivcly. Thc day-t(Hlay managevnent of thc Charity has bcen dclegatcd by thc Charity Trustccs to Simon McGTcgor. Induction and training of neiv trustee5 Thc policics of thc Trust for thc induction and trainin? of ncm. Tru5tccs arc tailorcd to suit thc knowlcdgc and cxpcricncc of thc appointcc. Any ncw Trustccs arc givcn a onc-day intr(Kluction to thc work of thc Charity and arc showm films dcmonstrating thc fccding program in action. All TDJ5tccs arc prcscntcd with copics of Ckwity Coimnission pubb'cation "The Essential Trustee" (CC3) and the Charity Governance Code. Wider nehvork ForAfrika UK is part of the ForAfrika Global network supporting the largest African hun]anitarian and development orgatlisation in its pursuit to create an Africa thai thrives. We carry out fid[aIsing. awareness and partnerships the UK to ensure that ForAfrika uiilocks the abundance of Africa so every African community can thrive. ForAfrika To ThriN'e is a multi-national public charity registered in Mauritius. ForAfrika UK is onc of cight affiliatc partncrs: - South Africa. ForAfrika South Africa NPC - USA, ForAfrika USA - Canad4 Canada ForAfrika - Gcrmdny, ForAfrika Dcutschland e.V. - Switzerland, Sttftung Schweiz ForAfrika - Australia, FurAfrika Ltd - Nutwdy, FoiAfrika Norge Related parties Thc Charity is conncctcd ForAfrika To Thrivc by ViTtuc of its affilialc rclationship. cotnn]on managctncnl. and onc of d]c Trustccs is thc CEO in thc aforcmcntioncd company. Thc cntity ha5 charitablc objcctlVC5 aDd is rcgistcrcd in Mauritius as a private company limited by shares {file number C089595) and is registered in South Africa as an extemal company. The Ckwity is Lonnected by ViTtue of common Tttts to Jesus Alive Gospel Outreach, a Scottish LEwity with the chlty number SC036592 alld company numbet SC285658. Page 3
ForAfrika rt of the Trustees for the Year Ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management Thc Ttust¢Cs pLrfotm PCriLNIiL risk essmentS. identifying p05siblL tisks and rcvicwing Ihc sysL"n]S dnd pioLcduiLs in place lo miligaie them. Hal'ing rf0m]ed ihis assessmeni. the TruseS are Satisfied with the sysMS and procedures in place to mitigate the exposure io these risks. REFERENCE AND ADIIIINISTRATIVE DETAILS Registered Charity number SC0436A3 & 1050992 Principal address 46 Commercial Road London EI ILP Trustet I J Pretorius R S CJ Clarke (resigned 3.5.24) A Gava A Ivhiteside {aptK)inted 4.4.24) Independent Examiner Gillespie & Anderson Chartered Ac¢ountants 147 Bath Street CFla£gow G2 4SN Bankers Lloy(L8 Bank 55 NeTh'eme Street Lydney Gloucestershire GL15 5RA Other known by namrfs} Joint Aid Management (JAM) JAM International Page 4
ForAfrika rt of the Trustees for the Year Ended 31 December 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trnsiees are responsible for preparing ihe Report of the TrUseS and the financial sratenients in accordance with applicable law and United Kingdom Accounting Sthndants Iunired Kingdom Generally Accepted Accounting Pra¢lice}. The law applicable to charities in Scotland, the Charilies and TNsiee Investment (Scotland} Act 2005, Charities Accounts (Scoiland) Regulations 2006 (as amended). the laws applicable to charities in F.ngland and Wales, rhe Charities Aci 2011, the Charity (Accounts and Reports} Regulations 2(K)8, and the provisions of the charity's constitution, requires the tnle¢S To prepare financial Stslements for each financial year which gil'e a mie and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the chariry for that period. In preparing Ihose financial staiements, the trustees are required to select siiitable accountinTr policies and then apply them consistently- - observe the methods and principles in the Chan"ty SORP. - make judgements and esiimates that are reasonable and prndent" - prepare the financial staiements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose Thith reasonable accuracy at any time the financial rx)silion of the charity and 10 enable them to ensure that the financial Statements cornply I1th the Charitie. and Trnstee Investtnent (Scotland) Act 2(K15, Charities Accounts (Scotland) Regulations 2006 (&$ amended), the laws applicable to charities in England and Wales, the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008, and the provisions of the charity's constitution. They are also responsible for safeouarding the assets of the charity and hence for taking reasonable steps for the prei-ention and detection of fraud and other Igu]ar1[les. Independent Examiner Independent Examiner, Alastair Stewart BA (Hons) CA, of Gillespie & Anderso Chartered Accountants, has expressed a willingness to continue in office. Approved by order of the board of trustees on 23 September 2025 and signed on its behalf by: A Gava- Trustee Page 5
Inde endent Eiaminer'5 Re rt to the Trustee5 of ForAfrika I report on the accounts for the yedr ended 31 December 2024 set out on pages seven to sixteen. Respective responsibilities of trustees and examiner The chariry's tnisrees are responsible for the prepardtion of the accounts in accordance with the terms of the Charities and Trustee Investment (S¢otland) Act 2(K)5 and the Charities Accounts (Scoiland) Regulations 2006 (as amended). The charity's tnle¢S consider that the audit requirement of Regulation 10(1 )(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounls as required under Section 44(1)(c) of the Act and to stat whether particular matters have come to my atteniion. Basis of the independent examiner's report My examination was carried out in accordance M'ith Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accouniing records kepi by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trnstees concerning any Such matters. The procedures undertaken do not provide all the evidence that QUId be required in an audit, and consequenily I do not express an audit opinion on the view given by the accounts. Independent examiner's slalemen¢ In connection wilh my examination, no matter has come lo my aiteniion '. (l ) which gives me reasonable cause to believe that, in any mateTial respect, the requirements lo keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations: and to prepare accounts which ac¢ord with the accounting records and to comply with Regulation 8 of ihe 2006 A¢counts Regulations have not been rnet- or (2) to which, in my opinion, attentton should be draNNm in order to enable a proper understanding of the accounts to be reached. Alastair Stewart BA {Hon5) CA Thc Institutc of Chartcrcd Accountants of Scotland Gillcspic & Andcrson Chartcrcd Accountants 147 Bath Street Glasgow G2 4SN 23 September 2025 Page 6
ForAfrika Statement of Financial Activitie5 for the Year Ended 31 December 2024 2024 Total funds 2023 Total funds UnrestTiCted fi]nd RestTiCted fund Notes INCOLIIE AND ENDOWMENTS FROM Donations and legacies 34,635 34,635 47,020 Charitable activities Main ch¢Yiiable aLlivilies 3,3 4(K),(JX) 403,003 528,81K) Investment income 25 25 43 Total 37.663 4(K),(KX) 437,663 575,863 EXPENDITURE ON Charitable activities Main charitable activities 43.851 4(K).O 443,851 572.145 NET INCOMEI{EXPENDITURE) (6.188) (6,188) 3,718 RECONCILL4TION OF FUNDS Total fi]nds brought fonvard 45.369 53,369 49,651 TOTAL FUNDS CARRIED FORWARD 39.181 47,181 53,369 coputNUtNG OPERATIONS All income and expendilure has arisen from continuing activities. The notes forni part of these fuwicial statements Pagc 7
ForAfrika Balance Sheet 31 December 2024 2024 Total funds 2023 Total funds UnrestTiCted fi]nd RestTi¢ted fund Notes CURRENT ASSETS Cash at bank 42.181 50,181 62,609 CREDITORS Atnounls falling due within one year li (3.(K)O) (3,0(Y)) (9,240) NET CURRENT ASSETS 39,181 47,181 53,369 TOTAL ASSETS LESS CURRENT LL&BILITIES 39,181 47,181 53,369 NET ASSETS 39.181 47,181 53,369 FUNDS Unrestricted ndS Restricted funds 12 39,181 8,000 45,369 8,0(K) TOTAL FUNDS 47.181 53.369 The financial statements were approved by the Board of Tn¢S and authorised for issue on 23 September 2025 and were signed on its behalf by- A Gava- Trustee The notes forni part of these fuwicial statements Pagc 8
ForAfrika Notes to tbe Financial Statements for the l'ear Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the fmancial statements FuiAfrika (thc Lharity) is an uninlotwrdted clwiiy fottDed undcr a Trust Dced. It is rcgistcred as * Lbarity in England. registration number 1050992. and in Scotland registration number SC043643. principal office is at 46 Commercial Road, London. El l LP. The fllwicial statements of the charity. w.bich is a publiL benefit entity under FRS 102. have been prepared in aLcordance wiib the Charities SORP (FRS 102) 'Accounling and Repotling by Chatilies: Stste]nent of Recommended Practice applicable io chariiies preparing iheir accounls in accordance wirh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effeclive l January 2019),, Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in Ihe UK and Republic of Ireland,, the Chariiies and Trustee Investment {Scorland) Act 2005 and the Charities ALt 2011. The financial stalemenls have been prepared under the hislorical cosi convention. Presentation currency The financial statements are presented in p)und Srling which is the functional currency of the charity and rounded to the nearest £1. Going coneern The trustees consider that there aTe no material uncertainties about the charity's ability to Continue as a going concern. There are sufficient cash iesources and reseNes at the year end. Critical accounting judgements and kev sources of estimation uncertainty The Trustecs hai'e made judgcments, e5tiTnatcs and assuniptions that affect the amounts Teported within the financial statcmcnts. during the year. Actual rc5uIts may diffcr from thesc estimates. Estimates and underlying sun]ptions ate ieviewcd on an ongoing basis. Tbe Ttustccs estles. assun]ptions and judgemeiits that liave a significant risk of causing a tnatctial adju5tmcllt to thc catrying amount of a5scts and liabilitics witbin thc financial statements are addressed and detail is provided in the associated notes. Income All income is recognised when the charity 15 entitled to the income. it is probable that the income will be received and the amounl can be measured reliably. The following specific policies are applied to particular cagories of income.. Donations and Icgacics consists of donations, grallts. legacie5 and donated goods. and services. Donations aTc ICLogniscd w'hcn thc Lharity is entiilcd tu thc incume. rcLcipt of the income is probable and the amount can be mcdsuicd rcliably. Incomc frotn gtanl& not 5ubjcct lo pcrfotmancc rclatcd conditions, is rccogniscd whcn thc charity has eniiilement to the funds. it is pmbable that the income will be received. the amount Can be measured reliability and it is not deferted. Jncome frn government ants is recognised when receii'ed as the accrual model is not petmitted by the Statement of Recommended Practice. Legacy income is recognised when it is probable that it will be received. Donated g(N)ds or setViLes ate recognised when the charity is entitled to the go(Kls 01 setviLes, receipt ol the g(M)ds or setvices is piobable and the value of the g(xxls or services can be measured reliably. Charitable activities income is received from perfomlance related grants and is recognised when the charity has enliilement lo the funds. any perfom]anLe conditions attached to the grants have been met, it is probable that the income will be received and Ihe amouni can be measured reliability. Investment income is receiired from inlerest earned on a company bank account. Jnvestmenl income is included when receipt is probable and the amouni can be m&ured reliably. Volunteers In accordance wirh FRS 102 and Ihe Chariiies SORP (FRS 102}. the economic contribution of general volunteers is not recognised in the financial SMents due to inaccuraie measuremenL bases. Page 9 continued...
ForAfrika l%otes to the Fingnci81 Statements- continued for the l'ear Ended 31 December 2024 ACCOUNTING POLICIES- continued Expenditure ExpLndilutc ha5 b¢cn classificd undci Ibc hcadings that a¥grL"gatc all Losts rclatcd to thc Lalcgory. Whcic Lusts cannot be directly aitributed to particular he¥ing5 they hai"e been allocated to actii'ities on a basis consistent with the use of the resources. Expenditure is recogmised on an aLCtual basis M,ben a legal liability is incurre& payment of the liability is probable and Ihe amouni can be measuied reliably. The amount includes any VAT which cannoi be fully recovered. V AT is reported as part of Ihe expenditure 10 ih]ch il relates. Charitable actii'ilies comprise all resources expended undertaking work to meet the charity's charitable objectives. Such Losls include the direct costs of charithle activities approved by the charity and all support costs relaling io these aciiyities. Governance costs include direcl resources expended in the general running of the charity and are primarily associated with conslitutional and statulory requirements. These costs are allocaled entirely lo charitable actiN'ities. Grants offered subject lo condilions which have noi been mel at the year end datr are noted as a commitrnen1 but not accrued as expenth"ture. Allocation and apportionment of costs Support cosis are allocated 'hOllY lo charilable actii'ilies. Whilst the Trustees recognise Ihat a small part of some items of exnditUre included in suppon costs do relate io indirect governance costs, they are of the opinion that the time and cosls involved in perfom)ing such an analysis outweigh the potential benefits arising from any such work. Taxation The charity is exempl from t&x on its chariiable acliviiies. Fund aceounting Funds are classified as either untestricted funds or restricted funds, defined as follows: Uorestsicted funds ate expendable at the discieiion ol Ihe Trustees in furthetance of the objects of ilie clMity. If parts of the unreslricled funds are eamarked at the discretion of Ihe Trustees for a particular purpose. they are designated as a separate fvnd. This designation has an administrative pury)ose only and dS not legally restrict the Tnes, discretion to apply the funds. RestTicled funds are funds subjecl lo specific requirements as to Iheir use which may be declared by the donor or with their authority or creaied through legal pr(Kes& bui still within the wider objecls olthe charily. Grant making policy All grants awatded are lo inslitulions and are made ai Ibe discretion olthe Ttusttts. Financial instruments The chaTity has no complex financthl iDstrutncDts but does hold basic fiDaDcial instruments of. cash at baDk, debtors and crcditors. Cash and cash equivalents comprise cash ai bank And on han& foreign currency on hand demand deposits with banks and oihei short-tenn highly liquid ini'estments with Orinal matutities of three moTJths or less and bank overdrafts. A bank oventrdft would be shown within current liabilities. Debiors ate initially recogmised al lait value and subsequently measured at amortised cost using the elTeclive interest me[ho less losses for bad debts excepi 'here the effect of discounting would be immaterial. In such cases, debtors are slated ai cosi less losses for bad debts. Creditors are initially recognised at lair value and subsequently measured at amortised cost using the effective interest rate unless the effeci of discouniing would be immaierial. In such creditors are slated a¢ cost. Page 10 continued...
ForAfrika l%otes to the Fingncial Statements- continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- continued Proi'isioDs for liabilities A pruvisiun is initially ICLo¥niscd when ibcic is an obligation at ihc balanLC shcct datc ds Ihc IL"5uIt of a past evenL il is probable that there w'ill be ihe transfer of funds in settlement and the amount of the obligation can be estimated reliably. The provision is subsequently measured by placing a charge against the provision only for expenditure for which the provision was originally recognised. DOLYATIOLYS ALND LEGACIES 2024 2023 Donations 34,635 47,020 INVESTMENT INCOME 2024 2023 Dcposit account intCTCSt 25 43 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Main charitable activities Grants 403,(X)3 528,800 Grants reccivcd, includcd in thc aLKivc, arc as folloivs: 2024 2023 Souter Charitable Trust Jaiiah Funds JAC Trust Green Hall Foundation 41M).000 3,003 5(X),(x)o 4,000 20,8(M) 4.000 403.003 528.800 GRANTS PAYABLE 2024 2023 Main charitable activities 402.000 490,342 The total grdnts paid lo inslitutiotjs dwing the yeat was as follows: 2024 2023 Emergency Food Assistance.. Angola, Mozambique, South Sudan C.limale-Smart Farming." West Nile. Northern. Uganda Sanitation and Hygiene. EPC de SM Maboie Sch(K)l. Mozambique Wunrock Building Project, South Sudan Grace Trust 400,000 461.022 22,160 2,160 5,000 2,0(K) 402,000 490,342 All grdnts were paid to ForAfrika To Thrive. Page I continued...
ForAfrika l%otes to the Fingnci81 Statements- continued for the Year Ended 31 December 2024 SUPPORT COSTS Govemance costs Management Totsls Main chariLqble aclivities 38J71 3,480 41,851 Support costs, included in Ihe above, are as follows: Management 2024 Main charitable aclivities 2023 Totsl activities Insurance Postage and stationery Advertising Sundries OtTice expenses Subscriptions Bank charges TraN'el and subsistence Consulting 830 134 229 1,196 860 3,240 619 626 613 733 541 1,069 64,305 116 35.539 38,371 72,563 Governance costs 2024 Main charitable activities 2023 Tot21 activities Auth"tors' remuneration Examiner's MUneratiOn 9,240 3,480 3,480 9,240 AUDITORS, REMUNERATION 2024 2023 Fees payable to the charitys auditors for the audit of the charity's financial statements 9,240 Page 12 continued...
ForAfrika l%otes to the Fingncial Statements- continued for the Year Ended 31 December 2024 TRUSTEES, RENluNERATIO AND BEEFITs There were no ttuslees, remuneration or other iKnefirs for ihe year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no exnseS met by the charity in the cutreni or prior year. STAFF COSTS TheTe were no employees or staff costs in the cutrent or10[ year. io. COL¥IPARATIVES FOR THE STATEMEYT OF FIINAI%CIAL ACTIVITIES Unrcstrictcd fund Rcstricted fund Total funds IINCOLIIE AND ENDOWMENTS FROM Donations and Icgacies 47,020 47,020 Charitable acliiities Main charitable activities 39.935 488,865 528,800 Investment income 43 43 Total 86.998 488.865 575,863 EXPENDITURE ON Charitable aclii'ities Main charitable acliviiies 91,280 480,865 572,145 NET INcOlE/(ExPENDlTuRE) (4.282) 8.000 3.718 RECONCILtATIO.Y OF FUNDS Total funds brought forward 49.651 49.651 TOTAL FUNDS CARR FORWARD 45.369 8,000 53,369 Page 13 continued...
ForAfrika l%otes to the Fingnci81 Statements- continued for the Year Ended 31 December 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 3,0(K) 9,240 12. MOVEMENT IN FUNDS Net movemenl in funds At 31.12.24 Ai 1.1.24 Unrestricted funds FoiAlrika Gcncrdl fund 45.369 (6,188) 39,181 Restricted funds ForAfrika (intcrnational) fimd 8,0(K) TOTAL FUNDS 53,369 (6,188) 47,181 Net movement in funds. included in the alK)ve are as follows: Incoming Te50urces Resources cxpended Movemcnt in funds Unrestricted funds ForAfrika General fund 37,663 {43,851) (6,188) Restricted fulld5 ForAtrika (international) fund 400.( (400,000) TOTAL FUNDS 437,663 (443,851) (6,188) Comparatives for movement in fund5 Net movement in At 31.12.23 At 1.1.23 Unrestricted funds ForAfrika General fund 49,651 (4,282) 45,369 Restricted funds FoiAfrika (intemational) fimd 8,000 8,0(K) TOTAL FUNDS 49.651 3,718 53,369 Page 14 continued...
ForAfrika l%otes to the Fingncial Statements- continued for the Year Ended 31 December 2024 12. MOVEMENT IN FUNDS- continued Compardtive net movement in funds, included in the above are as folloS.. Incoming resources Resources expended Movement in funds Unrestricted funds FoiAttika General fund 86,998 (91,280) (4,282) Restricted funds FuiAfrika (intctnational) fimd 488,865 (480,865) 8,0(K) TOTAL FUNDS 575,863 (572,145) 3,718 A curtcnt ycar 12 n]onths alld PTIOI ycar 12 months combiDcd p05ltion is a5 follow5: Net movement in funds At 31.12.24 At 1.1.23 Unrestricted fund5 ForAfiika Gcnernl fund 49,651 (10,470) 39,181 Restricted fulld5 ForAfrika (international) fund 8,000 8,0(K) TOTAL FUNDS 49,651 (2,470) 47,181 A current year 12 rnonths and prior year 12 months combined net moiTement in fimds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted fullds ForAtrika General fund 124.661 (135,131) (10,470) Restricted funds ForAfrika (international) fund 888.865 (880,865) 8,0(M) TOTAL FUNDS 1.013,526 (1,015,996) (2.470) Unreslricted Fund ForAfrika General fwid -To receive the nomial income and pay the nonnal eXnSeS relating to the core activities of the charity, including ndIng for the ForAfr"ika (iniemaiional) FO and Nutrition proaMMe. Restricted Fund ForAfrika (intemational) fvnd -To receive restricted income for specific programml by the international ann of ForAfrika then transfer Ihese funds when required. Page 15 continued...
ForAfrika l%otes to the Fingncial Statements- continued for the Year Ended 31 December 2024 13. RELATED PARTY DISCLOSURES ForAfrika io Thrive The charity is an al[late of ForAlrika 10 Thrive, shares common managemenl, and the CEO is a Trustee of the charity. During the year, ForAfrika paid grants iotalling £402,000 (2023 - £490,342) to ForAtrika to Thrive. Trustees, donations In the year there were donations of £158 {2023- £250) received from Truslees. 14. UI,TIMATF. COliTROI.I.IYG PARTY The charity is controlled by the Trustees as listed in the Rew)rt olthe Tnttts. Page 16