Charlty number: 1062847
AFRICA SERVICES
INTERNATIONAL
Africa Services International
Registered number: 03371156
Trustees, Report and unaudited
Financial Statements
For the year ended 31 December 2024
•AEC7CXWH*
3010912025
COMPANIES HOUSE
A79

AFRICA SERVICES INTERNATIONAL
(A Company Limlted by Guarantee)
CONTENTS
Page
Reference and Administrative Detalls of the Charity, its Trustees and Advisers
Trustees, Report
Independent Examiner's Report
io-ii
Statement of Financial Activities
12
8alance Sheet
13
Statement of Cash Flows
14
Notes to the Financial Statements
15-29

AFRICA SERVICES INTERNATIONAL
{A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
For the yeor ended 31 December 2024
Key management personnel
Trustees
D T Baetz
T Basupi
P Chian8
T W Cook (Chalrl
P H F P Feniman
A K Mahmoud
R L Maples
C McDougall
D Pate
H S Shepherd
A P Swanson
R K Thiel
A R Thlessen
(resigned 30 November 20241
lappolnted 12 June 20241
(resigned 12 June 20241
(appointed 26 January 20241
(resigned 31 March 202SI
(appointed 12 June 20241
lappolnted 31 March 20251
Senlor manaBement personnel
P J Everlngham
KWHart
W L Middleton
L Metz
M Pugh
Z Seid
R KThiel
Company reglstered number
3371156
Charlty reglstered number
1062847
Reglstered office
Scott Place. Unit E
Abbey Wood Business Park
Emm3.Chris Way
Filton
Bristol
BS34 7JU

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
REFERENCE AfrID ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
For the year ended 31 December 2024
Independent examiner
David Hoose, Forvis Mazars LLP
Chartered Accountants & Registered Auditors
90 Victoria Street
Bristol
BSI 6DP
Bankers
UK
HSBC 8ank plc
Grosvenor Court
149 Whiteladies Road
Bristol
BS8 2RR
Bankers
Internatlonal
Bank of America
2727 South 48th Street
Tempe
AZ 85282 USA
Solicitors
Tozers LLP
Broadwalk House
Southernhay West
Exeter
EXI IUA
Investment manager
Merrill
225 Liberty Street 41st Floor
New York
NY 10281 USA

AFRICA SERVICES INTERNATIONAL
(A Company Llm5ted by Guarantee)
TRUSTEES, REPORT
For the yeor ended 31 December 2024
The Trustees (who are also the directors of the Charity for the purposes of the Companies Act) present their
annual report together with the independently examined financial statements of Africa Services
International I'ASI" or "the Charity") for the year ended 31 December 2024. The Trustees conflrm that the
annual report and flnanclal statements of the Charity comply wlth the current statutory requlrements, the
requlrements of the Charlty's 8overning document and Accountlng and Reportlng by Charltles: Statement of
Recommended Practice applicable to charities preparing theSr accounts in accordance wlth the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151.
Purpose. objectlves and activltles
ASI exists as a charity for the purpose of providlng leadershlp and administration to a group of Independent
charities that co-operate together under the orgènlsational name of AIM International. These charities
include MoblllsSng Or8anisations that mobilise personnel to accomplish the stated 8oal of the larger
organisation. Go and make disciples of all nations, baptlsing them in the name of the Father and the Son
nd ofthe Holy Splrlt, and teaching them to obey everythlng I have commanded you."
In setting oblectSves and planning activities, the Trustees have glven due consideratlon to 8eneral guidance
published by the Charity Commission relating to public benefit and in particular to its supplementary public
benefit guidance on The Advancement of Reli8ion for the Public Benefit.
Achlevements and performance
ASI'S Board of Trustees met two tlmes, in person, In June and November of 2024. In addltlon to revlewing
the stated ends of the organlsation and receivlng reports on the progress towards those ends, the Trustees
be8an to apply the constltutional changes re8ardSn8 AIM International's doctrinal statement which were
ratified by the members and adopted by the organisation. In November 2024 the Board of Trustees
proposed that the new AIM International Director be Dr M Jones and the members ratlfied this decision in
March 2025. Dr M Jone5 will commence hi5 term of servSce In January 2026. succeeding Dr R K Thiel who will
step down as International Director at the end of 2025. The B03rd of Trustees also approved the formation
of a new mobilisation committee in Madagascar and the Ethiopian mobilising office was formally placed
under the direction of AIM Eastern Region.
The Board of Trustees continued to monitor AIM Internatlonal's progress towards Its stated ends, the risk
environment, and its financial position, through executive limitation reports presented to them by the
International Dlrector throughout the year. In October 2024, the Board of Trustees received a formal
grievance agalnst the International Director. They concluded that AIM International's pollcSes had not been
properly followed in relation to a personnel matter. As a result, the Board of Trustees directed the
International Director to review and revise relevant policie5. and to meet with the different AIM
International offices involved to seek to resolve the grievance. This process has now been concluded to
satisfaction of the Board of Trustees.

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
TRUSTEES. REPORT (continued)
For the year ended31 December 2024
Achlevements and performance Icontlnuedl
The Board of Trustees continues to lead AIM International under the followln8 ends statement:
In dependence on the groce and power of the Lord, in partnership with African churches, with priority for
unreochedpeople groups..
churches oround the world moblllzedfor mlsslons,
mi55ionoriesfrom diverse cultures equipped, sent and supported,
the gospel proclaimed,
disciples mode.
church leaders trained. ond
Christ-centred, reproducing. culturolly-upproprlate churches formed among Africon peoples.
Specific sub-ends of the Charity include the training of African church leaders, mobilisin8 of African
missionaries. invitlng Afrlcan mlsslonarles Into AIM Internatlonal's membership, engagin8 and reaching
unreached people groups wlth the Gospel, reachSng out to Afrlcans who live outside of Africa, and a
commitment to challengin8, equipping, and educating the church in the organisation's sending nations
towards mission through AIM International. The Internotional Dlrector reports to the 8oard of Trustees
detailin8 progress towards each of these ends Im05t of the sub.ends have now been incorporated into the
revised AIM International ends statement)
The Trustees and other personnel were able to travel wldely In Africa durin8 2024. The Trustees provlde
mentorship and oversight for field-based leaders and encoura8e and facilitate dialogue with partner
churches and other like-minded or8anisations.
ASI held dlfferent tralning and management meetlngs onllne for Its members and leaders in 2024. In
February 2024 a large conference for 130 of AIM InternatSonal's leaders was held in Cairo, Egypt. The
subject of the conference was 'innov3tion"
An annual meeting for high-level leaders of AIM International
was held in Nairobi in June 2024. Significant decisions were m3de reE3rdin8 differentiated membership
charges for AIM International missionaries, with lower charges available to those members from Global
South countries. These changes came into effect on l January 2025. The leaders also received trainin8 on
recognising psychological and emotional trauma, and how to make appropriate fefefrals whenever this 15
necessary-
In September 2024 AIM International's personnel officers met together in Nairobi to discuss and develop
AIM International's personnel policies and processes. This was the first conference led by Mrs M Pugh, who
was appointed as AIM International's Personnel Dlrertor In Aprll 2024, succeedin8 Mrs K Lewis who fulfilled
that role since 2012.
During 2024 the International Director visited various countries in Africa, notably Senegal, Guinea and Niger,
to help launch AIM International's work there, as a well as connecting with mobilising directors and other
key leaders throughout the year,
ASI also assisted a number of African mlsslonaries in 2024 through its Africon Missionary Assistance fund,
which provides financial assistance of up to $1,000 per missionary in support of their ministry. ASI'S
Majority World Missionary Assistance fund sponsored a number of other missionaries from Africa and Brazil,
up to a cap of $5,000 per individual. AIM International is placing a specific emphasis on the mobilization of
Afrlcan missionaries and therefore ASI will continue to support initiatives that seek to achieve this.

AFRICA SERVICES INTERNATIONAL
(A Company Llmlted by Guarantee)
TRUSTEES, REPORT (continued)
For the year ended 31 December 2024
Achievements and performance (contlnued)
During 2024 ASI received 8ifts totalling £38,580 and expended £118,803 for its African Missionary
Ass1Stance. African MK Education Fund, and Majority World Missionary Assistance projetts which provide
financial support to Global South missionarles.
ASI also expended £31,237 of its Famine Relief and Crisis Response fund to assist with emergency aid as
result of civil war in Sudan and other crises.
Flnanclal revlew
ASI received unrestricted Income whlch amounted to £342,943 for the year ended 31 December 202412023..
£418,449). Restrlcted income for the year amounted to £153,267 compared with £182,514 in 2023.
Unrestricted expenditure amounted to £758,596 12023.. £758,412). Restricted expenditure amounted to
£237.90112023'. £232,340), The net movement in funds for the year amounted to an outflow of £362,356
12023.. £200,264 outflow) after unrealised gains on investments of £137,931 12023- £189,525 unrealised
gains on investmentsl and exchange gains of £19.S7312023.. £83,731 exchange losses).
ASI'S income from charitable activities was £274,693 for the year ended 31 December 2024 compared with
£384.115 in 2023. The decrease in ASI'S income from charitable activities wa5 mainly due to lower
conference activity in 2024 compared to the previous year.
ASI received unrestricted donations and gifts totalling £46,254 for the year ended 31 December 2024
compared with £21,868 In 2023, all of which related to donations to the Charity's designated funds. Ouring
2024 the Trustees allocated £IOO,000 of ASI'S general funds- E52,000 in total towards Leadership Transition
Support and Global South Leader Support, and £48.000 towards the costs of the next major Leadership
conference that is due to be held In February 2026, further detalls of which are provlded In Note 12 of the
financlal statements.
Investment pollcy and performance
Stewardship is the driving principle regarding how ASI manages finances in general and specifically how the
Charity invests the reserve funds of ASI. Detailed below are the investment stewardship principles that ASI
has adopted..
Investments must be made with an appropriate awareness of the need to protect capital;
Investment of reserves and other liquid assets must take into consideration the need for
liquidity to meet cash flow needs,.
Investments and holdings must seek to take advantage of opportunities for competitive returns:
and
Investments must address currency Tisks.
ASI has invested its cash reserves with Merrill which at 31 December 2024 had a market value of £815,265.
The portfolio reported an unrealised gain in the 12 months to 31 December 2024 of £137,931.

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
TRUSTEES, REPORT (continued)
For the year ended 31 December 2024
Investment policy and performance (contlnuedl
The annualised tlme weighted rate of return for the year was 12.49%12023.. 13.96%). This compared with
the following benchmark indices.. S&P 500 Total Return.. 25.02%12023.. 26.29%),. ICE BofA US Broad market
Bond: 1.47%,. and ICE BofA 3-Month US Treasury Bill.. 5.25%.
Reserve5 policy and going concern
ASI has a stated reserves policy that specifies that the Charity must maintaln minimum general reserves
8reater than or equal to 6 months, or 50% of ASI'S budgeted operatin8 expenditure and not above 150% of
ASI'S operatin8 expenditure. ASI'S budgeted costs for 2025 is £380,800, and its bud8eted Income Is
£280,800, resulting in a budgeted deficit of £IOO,000. The Trustees expect to utilise ASI'S retained general
reserves durinE 2025 in order to continue to fund its charitable 3ctivity at normal levels.
ASI'S unrestricted funds at 31 December 2024 were £1,954,063 {2023: £2,219,785). The Charity's general
fund reserve at 31 December 2024 was £527,15012023: £658,3071 and desi8nated funds had decreased
from £1,561,478 to £1,426,913 at 31 December 2024. The Charlty's reserves durlng the financial year were
malntained at a level over the policy's minimum requirement but below the policy's maximum requirement
durin8 2024.
ASI manages a number of internatlonal projects whlch results In it holding restricted funds at any tlme.
Restricted funds decreased from £195,482 to £98,848 at 31 December 2024. ASI also owns an office
property and a number of residential properties occupied by personnel who serve at the Charity. The
properties were historically purchased using the Charity's general funds,
Plans for the future
ASI wlll continue to pursue the objectives of AIM International as stated above, including the sub-objectives
s defined by the Board of Trustees. The priority for the unreached peoples of Africa to hear the Gospel will
continue to be the focus of activity.
ASI continues to support AIM International through the provislon of a wide range of activitie5, which
Includes services In the areas of child safety, health ministry, education and wellbeing of third culture
chlldren, crisis and contingency planning, encouraging language acquisition, training and leadership
development, developing partnership initiatives, supporting Africans in theological education, advising on
the use of information technology, and providing financial and personnel co-ordination and member care
Structure, governance and management
Constitution
Africa Services International is a registered charity (No. 10628471 and also a company limited by guarantee
{No. 33711561, registered in England and Wales. The Charity is governed by its memorandum and articles of
association.

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
TRUSTEES. REPORT Icontlnued)
For the year ended31 December 2024
Structure, governance and management (continued)
Method of appointment or election oAtrustees (contlnued)
The Charity's Trustees are selected in consideration of their godly character. good governance, and Boèrd
diversity in terms of men and women, AIM international's regions, ethnicity, age and experience. The
composition of the Board is: the International Director, the Chair, seven AIM members and one to three non-
AIM members appointed by the Board of Trustees. The Chair and all other Trustees are Invlted to serve
three-year term, and may be appointed to one addStlonal term of up to three years,
New Trustees receive Induction training from the International Director and the Chalr of ASI a5 required.
The Board also receives traSDing periodically in relation to governance, risk management and their other
le8al responsibilities as Trustees of ASI.
Policy Governance and the Chorlty Governance Codelor smaller chorltles
The 8oard of Trustees Utilise the practices found in Policy Governance. The Board welcomes the guidance
contained In the Charity Governance Code for smaller charities published in July 2017. The Trustees,
application of Policy Governance ensures that the principles outlined in the Charity Governance Code are
re8ularly reviewed and proportionately applied to ASI'S operatlonal context.
Oroanisatlonol structure ond decislon maklnq
AIM International's seven Mobilising Councils send members to work together In countries In Afrlca or with
African peoples living In thelr home country.
Members are assigned to work in either one of seven re8ions or one of two departments.
ASI co-ordinates the placement of AIM International's personnel and provides leadership, strategic planning.
leadership development and accountability to ensure that AIM International as a worldwide organisation is
accomplishing its stated objectives.
Related parties andco-open¥tlon with other oryonisotlons
None of the Trustees receive remuneration or other benefit by reason of their position as a Trustee from
their work wlth ASI. Trustees are required to disclose to the Board of Trustees all relevant connections and
interests In the same way ès any other contractual relatlonship with a relaied party. Durin8 the year no
such related party transactions were reported save for the Trustees, common interest as representatives of
AIM International. The CharitV'5 relationship wlth the Mobillsing and Receiving Organlsatlons that make up
AIM International is set out in Note 14 to the financial statements.
Key management personnel
The 8oard of Trustees provides governance for the organisation and guidance and accountability for the
International Director. Key management personnel of the Charity comprise the International Director. the
Africa Ministries Director, the Chief Finance Officer, the African Development Director, the Communications
Director, the Innovation Director, and the Personnel Director, who are in charge of operatin8 the Charity on
a day to day basis. All Trustee5 give of their time freely and no Trustee received remuneration in the year.
Details of Trustee expenses and related party transactions are disclosed in Note 4 to the financial
statements.

4FRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
TRUSTEES, REPORT (continued)
For the year ended 31 December 2024
Strurture, governance and management (contlnued)
Volunteers
The Charity relies on voluntary help from members of AIM International to fulfil most of its key management
personnel roles and In providing administrative and other practlcal support to the organisation. With the
exception of the Chief Finance Officer and the Personnel Director all other key management personnel roles
were fulfilled by volunteers during the year. The pay of senior staff is reviewed annually and normally
increased in accordance with average earnings. Remuneration is bench-marked with charities of a similar
size and activity to ensure that the remuneration set is fair and not out of line with that Eenerally paid for
similar roles.
Rlsk management
The Trustees have a risk management strategy which comprises..
an annual review of the principal risks and uncertainties that the Charity faces;
the establishment of policies, System5 and procedures to mitigate those identified risks,. and
the implementatlon of procedures de518ned to mlnimlse or manage any potential impact on the
Charity should those risks materialise.
A key element in the management of financial risk is the regular review of reserves and the availability of
liquid funds to settle debt5 as they fall due. The Charity currently has a good level of unrestricted reserves
which mitigates this risk in the medium term.
Attention is also given to non-financial risks including governance and operational risks, external and
environmental risks and compliance with law and regulations. The risk Management review has not
Identifled any significant new risks for AIM Internatlonal In the past year. The review specifically considered
the risk of climate change to AIM international and the Work of its personnel. While recognising that this is a
518nificant worldwide issue, no new pollcles or procedures were considered necessary at thi5 point. Other
reviews also evaluated risks associated with the training or preparation of new AIM international personnel,
and found the existing policies and procedures to be adequate.
The availability of key management personnel who are eligible to reside in the UK during their term of office
is a major non-financial risk for the Charity. A key element in the management of this non-financial risk is
the regular monitoring of UK Visa and Immigration policy, undertaking personnel contingency planning and
developing procedures that facilitate international operational flexibility.
Trustees, responslbllltles statement
The Trustees Iwho are also directors of ASI for the purposes of company lawl are responsible for preparing a
trustees, annual report and financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guaranteel
TRUSTEES, REPORT (continuedl
For the yeor ended 31 December 2024
Trustees, responsibllltles statement lcontlnuodl
Company law requires the charity trustees to prepare financial statements for each year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the charitable company for that period. In preparing
these financial statements. the trustees are required to..
select suitable accounting policie5 and then apply them consistently;
observe the methods and prlnclples in the Charities SORP,.
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company wlll contlnue in operation.
The Trustees are responslble for keeplng proper 3ccountlng records that dlsclose with reasonable accuracv
at any time the financial posltlon of the charitable company and to enable them to ensure that the financlal
statements comply with the Companles Act 2006. They are also responsible for safe8uaTding the assets of
the charltable company and hence for takin8 reasonable steps for the preventlon and detection of fraud and
other irregularities.
This report has been prepared in accordance with the small companies regime of the Companies Act 2006
and wa5 approved by the Trustees and signed on their behalf by..
R K Thlel
Eob8kt E. Trie
Robert K. Thiel Istp 26.2025 0&.'58'.39 PDII
Date 2610912025

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
AFRICA SERVICES INTERNATIONAL
I report on the financial statements of Af rica Services International for the year ended 31 December 2024
which are set out on pages 12 to 29.
Respectlve responslb115t5es of trustees and examlner
The trustees (who are also directors of the company for the purposes of company lawl are responsible for
the preparation of the flnancial statements in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part
16 of the 2006 Act and are eliglble for independent examination, I report in respect of my examination of
the chaTItV's flnanclal staternents as carried out under section 145 of the Charities Act 20111'the 2011 Act'l.
In carrying out my examination I have followed the Directlon5 8iven by the Charity Commission under
section 145lbl of the 2011 Act.
This report, including my statement, has been prepared for and only for the charity's trustees as a body. My
work has been undertaken so that l rnight state to the charity'5 trustees those motters l am required to state
to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by
law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a
body for my examination work, for this report, or for the statements I have made.
Basi5 01 the independent examlner's report
My examinatlon w3s carrled out in accordance with the general Direction5 given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
financial statements presented with those records. It also includes consideration of any unusual items or
disclosures in the financial statement5, and seekin8 explanations f rom you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit.
and consequently no oplnlon 15 given as to whether the financial statements present a 'true and fair vlew,
and the report is limited to those matters set out in the statement below.
Independent examlner's statement
Since ihe charity's gross income exceeded £250,000, your examiner rnust be a member of a body listed in
section 145 of the 2011 Act. l conf irm that l am qualified to undertake the examination by being a qualified
member of the Institute of Chartered Accountants in England & Wales which is one of the listed bodies.
io.

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
AFRICA SERVICES INTERNATIONAL
In connection with my examination, which is complete, no rnatters have come to my attention which give
me reasonable cause to belleve that in any material respect..
accountin8 record5 were not kept in respect of Africa Services International In accordance with
section 386 of the 2006 Act; or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of the
2006 Act and other than any requirement that the financial statements give a 'true and fair view,
which is not a matter considered as part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and principals
of the Statement of Recommended Practice for accounting and reporting by charities applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of I reland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to whlch, In
my opinion, attention should be drawn In order to enable a proper understandin8 of the financial
statements to be reached.
Signed..
David H005e15ep 26. ]025 17'.11'.23GMT+ii
Davld Hoose
Forvis Mazars LLP
90 Victoria Street
Bristol
BSI 6DP
Date.. 2610912025
li

AFRICA SERVICES INTERNATIONAL
(A Company Llmited by Guarantee)
STATEMENT OF FINANCIAI ACTIVITIES (incorporating the Income and Expenditure Account)
For the yeor ended 31 December 2024
Restricted Unrestricted
funds
funds
2024
2023
Note
Income
Donations and gifts
Income from charitable activities
Investment income
153,267
46,254
274,693
21,996
199,521
274,693
21,996
204,382
384,115
12,466
Total income
153,267
342,943
496,210
600,963
Expendlture
Expenditure on charitable activities
237,901
758,596
996,497
990,752
Tolal expenditure
237,901
758,596
996,497
990.752
Net lexpendlture) before galns on
Investments
184,6341 1415.6531 1500,2871 1389,7891
Net gain5 on investments
137,931
137,931
189,52S
Net lexpendlturel before transfers
184,6341 1277,7221 1362,3561 1200,2641
Transfers between funds
11,12
112,0001
12,000
Net Sncome / lexpendlturel and net
movement In funds for the year
196.6341 1265,7221 1362,3561 1200,2641
Reconclllatlon ol funds
Total funds at the start of the year
195,482
2,219,785
2,415,267
2,615,531
Total funds at the end of the year
13
98,848
1,954,063
2,052,911
2,415,267
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure relates to continuing activitie5.
The notes on pages IS to 29 form part of these financial statements.
12-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
Reglstered number 33711S6
BALANCE SHEET
As at 31 December 2024
31 December 2024
31 December 2023
Note
Flxed assets
Intangible assets
Tangible assets
Investments
186,896
574, 194
815,265
202,050
574,194
1.326,631
1,576,355
2,102,875
Current assets
Debtors
Cash at bank and in hand
58,743
437,878
54,913
279,605
496,621
334,518
Creditors
Amounts falling due within one year
io
120,0651
122,1261
Net current assets
476,556
312,392
Total assets less current Ilabilitles
2,052,911
2,415,267
Net assets
2,052,911
2,415,267
Charlty funds
Restricted funds
Unrestricted funds
li
12
98,848
1.954,063
195,482
2,219,785
2.052,911
2,41S,267
For the year ended 31 December 2024, ASI was entitled to exemption from the requirement to have an
audit under the provislons of section 477 of the Companies Act 2006. No notlce has been deposited wbth
the Charity under section 476 of the Companies Act 2006 requiring an audit to be carried out.
The Trustees acknowledge their responsibility for..
ensuring the Charity keeps proper accounting records in accordance with sections 386 and 387
of the Companies Act 2006: and
preparing statements which give a true and fair view of the state of affairs of the Charity as at
the end of the financial year and of its profitlloss for that financi31 year in accordance with the
requirements of sections 394 and 395 of the Companies Act 2006.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
The financial statements were approved by the Trustees and signed on their behalf by..
RKThiel
Date 2610912025
ftobfft¥. ThkllSrp16.2Q75QÈ.saJ>pDn
The notes on pages 15 to 29 form part of these financlal statements.
13-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
For the year ended 31 December 2024
20Z4
2024
2023
2023
Cash flow from operatlng artlvltles
Net movement in funds
1362,3561
1200,2641
Add.. Amortisation of intangible assets
Less: Interest (included in investing activities)
Less: Foreign exchange on bank balances
Less: Investment revaluation gain
Add.. Investment portfolio charges
Decrease / lincreasel in debtors
Increase / Idecreasel in creditors
15,154
11,5771
116,5961
1137.9311
10,710
13,8301
12,0611
11,6661
86.774
1189,5251
13,452
17,877
{21.9421
{136.1311
195.0301
Net cash inflow l (outhowl from operatlng actlvltles
{498,4871
1295,2941
Cash flows from Investlng actlvltles
Purchase of intangible assets
Purchase of investments
Proceeds f rom sale of investments
Interest received
133,5301
16,8581
155,569
1,666
655,817
1,577
Net cash Inflow I loutflow) from investing activities
657,394
116,847
Net change in cash and cash equivalents
158,907
1178,4471
Cash and cash equivalents at the start of the year
279,605
467,914
Change in cash and cash equlvalents due to
exchange rate movements
16341
19,8621
Cash and cash equlvalents at the end of the year
437,878
279,605
An analysis of the changes in net debt is provided in Note IS of the financial Statements.
The notes on page5 15 to 29 form part of these financlal statements.
14-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
General Informatlon
ASI is a private company limited by guarantee and registered in England and Wales (Company Number
3371156 and Charity Number 10628471. Its registered office is Scott Place, Unit E, Abbey Wood Business
Park, Emma-Chri5 Way, Filton, Bristol, BS34 7JU.
Accounting pollcles
1.1 Basis of preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting bv
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland
IFRS 1021 (effective l January 20151 (Charities SORP IFRS 10211, the Financial Reporting
Standard appllcable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Afrlca Services International meets the definition of a public beneflt entity under FRS 102. The
presentation currency of the financial statements 15 Sterling 1£) and the financial statements are
rounded to the nearest £. The comparative period is for the year ended 31 December 2023.
Going concern basis of preporotion
After reviewing the Charity's forecasts and projections, the Trustees have a reasonable
expectation that the Charity has adequate resources to continue in operational existence for the
foreseeable future. The Charity therefore continues to adopt the goin8 concern basis in
preparing its financial statements.
1.2 Company status
Legol status
The Charity is a company limited by 8uarantee and has no share capltal. The members of the
company are the Trustees named on page l of these financial statement5. In the event of the
Charity being wound up, the liability in respect of the guarantee is limited to £1 per rnernber of
the Charity. At 31 December 2024 there were 11 members12023.. 91.
Toxation
The company is registered with the Charity Commission as a charity and it5 main activities are
exempt from taxation in accordance with the Corporation Tax Act 2010.
1.3 Income
Income is recognised in the Statement of Financial Activities when the Charity has entitlement to
the funds and it is probable that the income will be received and the arnount can be measured
reliablv.
15-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Accounting pollcles (contlnuedl
1.3 Income {contlnuedl
In accordance with the Charities SORP IFRS 1021, the contribution made by unpaid volunteers to
the Charity is not recognised as income in the financial statement5. A description of the role
played by volunteers and the nature of their contribution is provided in Note 5 to the financial
statements.
1.4 Deferred Income
Incomp received in advance is deferred in the Balance Sheet until the criteria for income
recognition is met, at which point the income is recognised in the Statement of Financial
Activities.
1.5 Fund accounllng
Unrestricted funds are available to spend on activities that further any of the purposes of the
Charity. Designated funds are unrestricted funds of the Charity which thè Trustees have declded
at their discretion to set aside to use for a specific purpose. Restricted funds are donations
which the donor has specified are to be solely used for particular areas of the Charity's work or
for specific projects being undertaken by the Charity.
1.6 Expendlture and Irre¢ov¢rable VAT
Expenditure is recogni5ed once there is a legal or constructive obligation to make payment to a
third party, it is probable that settlement will be required and the amount of the obligation can
be measured reliably.
Expenditure on charitable activities comprises direct charitable expenditure and support C05tS
Incurred in overseeing and supporting the activities of AIM International and in the running of
the International Office. Governance costs are those costs incurred in connection with
administration of the Charity and compliance with constitutional and statutory requirements.
Irrecoverable VAT is charged as a cost agalnst the activlty for which the expenditure was
incurred.
1.7 Intanglble flxed assets
Intangible fixed a55ets are measured at cost less accumulated amortisation and any accumulated
impairment losses.
16-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Accounting policies {continuedl
1.7 Intangible fixed assets (continued)
Software development costs are reco8nlsed as an intangible asset when the technlcal feasibility
of the software has been proven, the software is in use within the Charity, it has been
determined that the software will generate future economic beneflt5, there are sufficient
resources to complete its development and there is an ability to measure reliably the
expenditure attributable to the software during its development.
Amortlsation is charged so as to allocate the cost of intangibles less their residual values over
their estimated useful lives. using the straight.llne method. Intangible assets are amortised over
the following useful economic lives:
Software development costs
10 years
If there is an indication that there has been a sSgnificant change in amortisatlon rate or residual
value of an asset, the amortisatlon of that asset is revised prospectlvely to reflect the new
expectations.
No amortlsatlon Is charged on assets In the course of construction until they are brought into
operatlonal use, at which point the assets are transferred to the relevant asset category and are
amortised over thelr useful economic Ilfe.
1.8 Tan8ible flxed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impairment losses.
Depreciation is calculated to write down the cost less estimated residual value of all tangible
rixed assets other than property costin8 over £1,000, over their expected useful lives, using the
straight-llne method. The rates applicable are;
Computers and equipment
3years
Freehold and long leasehold property 15 not depreciated as it is the Trustees, pollcy to maintain
them to a high standard. As a result the properties maintain their residual value at least equal to
the book value. This means that any depreciation charged in the year and accumulative
depreciation is rendered minimal. The properties are reviewed for impairment, in accordance
with Section 27 of FRS 102, at the end of each accounting period.
1.9 Investments
Investments are stated at their market value on the balance sheet date. Realised and unrealised
aains or losses are accounted for in the Statement of Financial Activities.
17-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Accounting policies Icontinuedl
1.10 Debtor5
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amounts relating to future periods.
1.11 Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short
maturity of three months or le55 from the date of acquisition or opening of the deposit or similar
account.
1.12 Credltors
Creditors are recognlsed where the Charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle
the obligation can be measured or estimated reliably. Creditors are normally recognised at their
settlement amount after allowing for any trade discounts due.
1.13 Flnanclal Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. 8asic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value.
1.14 Farelgn Currency translation
The functional and presentation currency of the Charity is Sterling 1£). Transactions in foreign
currencies are translated into Sterling at the rate ruling on the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated into Sterling at
the rate of exchange prevailing on the balance sheet date. Exchange differences are recognised
in the Statement of Financial Activities in the period in which they arise.
1.15 Penslon Costs
Contributions to defined pension contribution plan5 on behalf of employees are recognised as
an expense in the Statement of Financial Activities in the period in which they are incurred.
18-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the yeor ended 31 December 2024
Income
Restrlcted Unrestrlcted
funds
funds
2024
2023
Income from donatlons and gifts
Donations and gifts
153,267
46.254
199,521
204,382
In¢ome from charitable activltle5
Member allocations
Conference, tralnlng, IT & support income
152,965
121,728
152,965
121,728
154,374
229,741
274,693
274,693
384,115
Investment Income
Rental Income
Sundry Income
Interest recelved
300
546
1,577
19,573
300
546
1,577
19,573
10,800
1,666
Exchange gains
21.996
21,996
12,466
Total Income
153,267
342,943
496,210
600,963
In 2023 income of £418,449 was attrlbutable to unrestricted funds and £182,514 was attributable to
restricted funds.
Income analysed geographically was as follows..
2024
51%
2023
United KlnBdom
Europe
Rest of the World
15%
49%
85%
Expenditure
Restricted Unrestrlcted
funds
funds
2024
2023
Expendlture on charitable actlvitles
Dirett charitable expendlture
Governance costs
237,901
482,060
26,753
249.783
719,961
26,753
249,783
704,326
29,972
256.454
support C05t5
Total expenditure
237,901
758,596
996,497
990,752
19-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Expenditure Icontlnuedl
In 2023 expenditure of £758,412 was attributable to unrestricted funds and £232,340 was attributable
to restricted funds.
Net income / lexpenditurel is stated after char8in8:
2024
2023
Depreciation
Independent examiner'5 fee
3,000
2,640
al Analysls of dlrect charitable expenditure
Restrlcted
funds
General Deslgnated
fund
funds
2024
2023
Dlrectorate travel and activitles
Consultant travel and actlvltie5
29,382
48,747
101,219.
29,382
48,747
232,881
339,862
69,089
30,270
68,077
274,115
283,085
48,779
Meetings, conferences and trainlng
Minlstry and outreach support
Development actSvltSes
131,662
101,961
59,196
237,901
9,893
237,901
189,241
292,819
719,961
704,326
In 2023 direct charitable expenditure of £308,054 wa5 attributable to unrestricted general funds,
£163,932 was attributable to designated funds and £232,340 was attributable to restricted funds.
bl Analysls of governance costs
Restrlcted
funds
General
fund
2024
2013
International Council meetin8 Costs
Independent examiner'5 fee
23,753
3,000
23,753
3,000
27,332
2,640
26.753
26,753
29,972
In 2023 all £29,972 of Bovernance costs was attributsble to unrestricted funds.
-20-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Expenditure (contlnued)
cl Analysls of support costs
Aestri¢ted
fund5
General Desl8nated
fund
funds
2024
2023
Staff costs
Co-operatlve support
Residency and housin8 SUPPOrt
Insurance and busSness rates
145,537
1,721
15,251
7.215
21,157
10,042
21,487
15,154
12,219
145,537
1,721
15,251
7,215
21,157
10,042
21,487
15,154
12,219
100,987
2,379
7,418
6,706
3,147
9,948
28,033
Property repairs and maintenance
Office running costs
IT, communication and printlr4 costs
Amortisatlon
Bank and portfollo charges
Exchan8e losses
14,105
83,731
249,783
249,783
256,454
In 2023 all £256,454 of support costs was attrlbutable to unrestrlcted funds.
Staff costs, trustee remuneratlon and expenses, and the cost of key management personnel
Staff costs during the year were as follows..
2024
Z023
Salaries and wages
Social securlty costs
Pension costs
123,338
7,535
14,664
86,557
4,450
9,980
145,537
100.987
The emoluments of one employee was within the range £60,000 to £69,999 during the year12023-. No
employee received emoluments in excess of £60,0001.
No Trustee received any remuneration from the Charity for their 5ervice5 a5 a trustee duTin8 the year
12023: £nill Ineither were they reimbursed expenses during the yearl12023: £nill.
The total employee benefits of the key management personnel of the Charity was £104,83212023:
£80,756).
21-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Staff numbers
The average monthly number of employees during the year was as follows..
2024
No.
2023
No.
Administration
In addition to its employees, the Charity received voluntary help from members of AIM International
which amounted to an addition316 Full Time Equivalent staff during the year12023: 5}.
Intanglble flxed assets
Assets In
Software
the course development
of ¢onslructlon
costs
Total
Cost
At l January 2024
Transferred durlng the year
Di5P05a15
202,050
1202,OSOI
206,277
408,327
202,050
202,050
1206,2771 1206,2771
At 31 Oecember 2024
202,OSO
202.050
Amortlsatlon and Impairment
At ljanuary 2024
Dlsposals
Charge In the year
206,277
206,277
1206,277} 1206,2771
15,154
15,154
At 31 December 2024
15,154
15,154
Net book value
At 31 December 2024
186,896
186,896
At 31 December 2023
202,050
202,050
Amortisation of intangible fixed assets is included in expenditure on charitable activities within
support costs.
Assets in the course of construction
ASI'S human re50urce5 software system is included as an intangible fixed asset within software
development costs. On l April 2024 the new Mernber Management Platform {MMPI system went live,
the cost of which was therefore transfered from an intangible fixed asset in the course of construction
to intangible fixed asset software development costs. The MMP system is being amortised over its
useful economic life from the live d3te, which was l April 2024. Also on thi5 date the former human
resources software system was recorded as a disposal lit having previously been written down to nil
net book value).
22-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Tanglble flxed assets
Propertles & Computers &
Improvement5
equlpment
Total
Cost
At I january 2024
574,194
2,740
576,934
At 31 December 2024
574,194
2,740
576,934
Depreclatlon
At l January 2024
2,740
2,740
At 31 December 2024
2,740
2,740
Net book value
At 31 December 2024
574, 194
574,194
At 31 December 2023
574,194
574,194
Property hlstoric cost and value
At 31 December 2024 the Charity owned S properties in 8rlstol whSch had a comblned hlstoric cost of
£524,770. Four propertles are freehold (historic cost: £469,6901 and one property is long leasehold
(historic cost.. £55,080). Subsequent capital improvements on certain of these properties has
increased their historic cost by £49,424, All of the properties are shown in the financial statements at
theSr historic cost.
The Trustees believe the market value of the Charity's properties significantly exceeded their historic
cost. The properties had a combined insurance value of approximately £1.9 million.
Fixed asset investments
Listed
securities
Market value
At l January 2024
Dlsposals
Portfolio charges
Revaluation galn
xchange rate loss
1.326,631
1655,8171
110,7101
137,931
17,230
At 31 December 2024
815,265
-23-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the yeor ended 31 December 2024
Fixed asset investments (contlnuedl
All of ASI'S fixed asset Investments were held overseas In a pooled Investment fund arrangement on
behalf of AIM International. The pooled Investment5 comprise equity and fixed income holdings which
are managed on behalf of the Charity by Merrlll.
Debtors
2024
2023
Due withln one year
Other debtors
Prepayments and accrued intomÈ
16,847
41,896
6,526
48,387
58.743
54,913
10. Credltors: Amounts lalllng due wlthln one year
2024
2023
Other creditors
Accruals and deferred income
7,376
12,689
10,729
11,397
20,065
22,126
Deferred
income
An analysis of the movement in deferred income during the year was as follows:
At l January 2024
Resources deferred durin8 the year
At 31 December 2024
-24-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
11. Analysis of movements In restrlrted funds
Year ended 310ecernber 2024:
Brought
forward
Incomlng
resource5
Resources
expended
Transfers
Sn / lout)
Carried
forward
African Missionary A5S15tance
Afrtcan MK Education Fund
Famine Relief & Crisis Response
Majority World Missionary
As5i5tance
Support Funds
TIMO Development
25,925
74,462
29,838
19.624
10,689
14.925
{41.9901
{43.3381
131,2371
3,559
41,813
13.526
43,921
11,408
9,928
8.267
99.688
74
133,475)
187,8611
(12,0001
6,713
23,235
10,002
Restricted funds
195,482
153.267
{237,9011
112,0001
98.848
Restricted fund transfers durlng the year ended 31 December 2024 comprised a transfer of £12,000
from ASI'S African Mlssionary Assistance fund to ASI'S African Mlsslonary Assistance designated fund in
relation to ASI'S support for a mobilising office based in Addls Ababa, Ethlopla.
Year ended 31 December 2023:
8rought
forward
Incomlnq
resources
Resourtes
expended
Transfers
In / lout)
Carrled
foNiard
African Mi55ionary Assistance
African MK Education Fund
Famine Relief & Crisls Response
International Strateglc Oulreach
Majority World Missionary
Assistance
National Leaders Ministry Fund
Support Funds
TIMO Oevelopment
15.773
6,149
82,954
9S
18.612
94,441
16.684
31
132,0561
126,1281
169.8001
(1261
23,596
25,925
74,462
29,838
92.825
2.794
11,634
9,488
7,3SO
218
44.738
440
156,2541
13.0121
{44,9641
43.921
11.408
9,928
Restricted funds
221.712
182,514
1232,3401
23,596
195.482
-25-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
11. Analysis of movements in restricted funds Icontlnued)
Description of restricted funds
Aflican Missionary A551Stance
African MK Education Fund
for providing financial assistance to African missionaries.
for provldlng fSnanclal assistance to Afrlcan mlsslonaries for MK education.
to be used in response to famine or any other crisis.
for providin8 financial assistance to majority world mi5sionarie5.
Famine Relief & Crisis Response
Majority World Missionary
AssSstance
Support Funds
TIMO Development
for provldlng asslstance for members who are employed by ASI.
for costs relating to development of the TIMO trainin8 pro8ramme.
12. Analysis of movements In unrestrlrted funds
Year ended 31 December 2024:
Brought
forward
Incomlng
resources
Resources
expended
Transfers
Galns I
(losses)
Carrled
fonvard
In / (outl
DesS8nated funds
General fund
1,561,478
658,307
46,254
296,689
1292,8191
112,000
1465,7771 1100,0001
1,426,913
527,150
137,931
Unrestrlcted funds
2.219,785
342,943
1758,5961
12,000
137,931
1,954,063
Designated funds comprise the following:
Brought
fonvard
Incoming
resources
Resources
expended
Transfers
in / lout)
Carrled
fonvard
African Member Health Insurance
33,194
14,542
48,IlS
248.024
248,453
94,669
{1.4731
{5,4831
116,843}
159.1961
{3.7811
131,5991
31,721
24,839
39,188
188,828
244.672
52,799
15,500
574,194
36,500
218,672
AIM Stories Grants & Equipment
AIM West Africa Fund
15,780
7,916
CHARIS11 Project
Contingency Fund
Global Integrated Strateglc Plan
Global South Leader Support
International Capital Propertv
Leadership Transition Support
Vision Funds
110,2711
Is,soo
574,194
36,500
62,355
300.287
30,474
1174.4441
Designated funds
1,561,478
46,254
1292.8191
112,000
1.426,913
-26-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the yeor ended 31 December 2024
12. Analysls of movements in unrestr5cted funds {continued)
Designated fund transfers durlng the year ended 310ecember 2024 comprised the followlng:
A transfer of £IOO,000 from ASI'5 General fund to three designated funds.. the Leadership
Transition Support fund1£36,5001 and the Global South Leader Support fund1£15,5001 to assist
with leadership changes taking place at ASI over the next 2 years, and the Vision (Conferences)
fund 1£48,0001 in preparation for ASI'S leadership conference which Is belng planned to take
place in Addis Ababa, Ethiopia in February 2026.
Year ended 31 December 2023:
Brought
fonvard
Incomlng
resources
Resources
expended
Transfers
in l (out}
Galn51
Ilossesl
Carried
forward
Deslgnated funds
General fund
1,463,652
930,167
21,868
396,581
1163,9321
239,890
1594,4801 1263,4861
1,561,478
658,307
189,525
Unrestrlcted funds
2,393,819
418,449
1758,4121
123,5961
189,525
2,219,785
Designated funds comprise the following;
Brought
forward
Incomlng Resources
resources
expended
Transfers
In / lout)
Carrled
fonvard
African Member Health Insurance
AIM Storles Grants & Equipment
AIM West Africa Fund
CHARIS11 Project
Contingency Fund
Glob?1 Integrated Strategic Plan
International Capltal Property
Vision Funds
35,486
4,639
48,115
287,045
259,024
220
11,047
12,5121
11,1441
33,194
14,542
48,115
248,024
248,453
94,669
574.194
300,287
{39,0211
{10.5711
{15,9701
79S
109.844
574,194
2SS,149
9,806
{94.7141
130,046
Designated funds
1.463,652
21,868
1163,9321
239,890
1,561,478
Oesignated fund transfers during the year ended 31 December 2023 comprised the following..
A transfer of £109,844 from ASI'S General fund to its Global Integrated Strategic Plan fund,. and
A transfer of £130,046 from ASI'S General fund to its Vision Funds (formerly known as Vision
20120 funds) as part of the approved Global Integrated Strategic Plan for the Charity.
27-

AFRICA SERVICES INTERNATIONAL
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the yeor ended 31 December 2024
12. Analysls of movements in unrestricted funds (continued)
Description of designated funds
African Member Health Insurance
fund to assist paying for African members, health insurance.
fund to assist AIM Stories (formerly OFMI projects and equipment.
a fund to assist in developing AIM ministry in West Africa.
fund5 for the research and development cost5 of a new HR system.
a fund to assist with emergency or evacuation costs for members.
a fund to assist with inntsvation, Intercultural tiainin& misslonal church
partnerships and mobilisation initiatives.
fund to provide monthly financial assistance to ASI'S Global South Leaders.
the unrestrlcted value of the Charity's property.
a fund to provSde asslstance wlth vlsa 3nd NHS surcharge costs for leader5
who are required to relocate to the UK to serve with ASI.
fund to assist with Vlsiorn Inltlatlves.
AIM Stories Grants & Equipment
AIM West Africa Fund
CHARIS11 Project
Contingency Fund
Global Integrated Strategic Plan
Global South Leader Support
International Capital Property
Leadershlp Transltlon Support
Vision Funds
13. Analysis of net assets b¢tw¢¢n funds
Restrlcted Unrestrlcted
funds
funds
2024
2023
Intangible assets
Tanglble assets
Investments
Debtors
Cash at bank and in hand
Creditors due within one year
186,896
574,194
815,265
58,743
339,030
120.0651
186,896
574,194
815,265
58,743
437,878
120.0651
202,050
574,194
1,326,631
54,913
279,605
122, 1261
98,848
98,848
1,954.063
2.052,911
2.415,267
14. Related parties and Co-operation with other organlsatlons
Moblli5ing Oryani5atlons
The Charity is connected with the Mobilising Organisations that form the member body of AIM
International. There are currently seven Mobilising Organisations: Asia-Pacific, South America,
Canada. Europe. South Africa, Korea and the USA.
Amongst other activities, Mobilising Organisations are responsible for collecting and then distributing
member allocations to ASI that usually comprises the majority of the Charity's annual income as
recorded in the Statement of Financial Activitie5.
28-

AFRICA SERVICES INTERNATIONAL
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
14. Related parties and co.operation with other organisations Icontlnuedl
Recelvlng Organ150tldns
The Charity is also connected with the Receiving Organisations that form the member body of AIM
Internatlonal. These organisations, usually registered in their country of operation as an NGO,
comprise regional offices as follows: Central Region in Kampala. Uganda, Eastern Region in Nairobi,
Kenya, Southern Region in Johannesburg, South Africa. Diaspora Region in California. USA. and
Northern and Western Region. In addition to these regional offices AIM I nternational a150 has training
and support service offices located in Nairobi, Kenya. Most of the charitable activity undertaken bv
ASI is facilitated in co-operation with this network of regional offices.
15. Pension commitments
The Charity makes defined pension contributions on behalf of eligible employees. The assets of the
scheme are administered by an independent pensions provlder. Pension payments, recognised as
charitable expenditure within support costs during the year amounted to £14,66412023: £9.9801.
16. Analysls of Changes In net debt
Atl
January
2024
Forel8n
Cash
exchange
flows movements
At31
December
2024
Cash and cash equivalents
Cash
279.605
158,907
16341
437,878
Boirowlngs
Debt
Total
279,605
158,907
16341
437,878
29-