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2022-12-31-accounts

AFRICAN SCHOLARS FUND (UK)

UK Address: 10 Lurkins Rise, Goudhurst, Cranbrook, Kent, TN17 1ED SA Address: P O Box 294, Rondebosch, Cape Town, 7701, South Africa Tel: 07952 106408 email: uk@asf.org.za Charity Number 1070406

Please find herewith the Chairman's Report for the past year 2022 and a Statement of Accounts for the Year commencing in January and ending 31 December 2022.

CHAIRMAN'S REPORT FOR 2022

It gives me great pleasure to report again on the activity of the UK branch of the ASF.

Individual contributions during the year totalled nearly £38,000 which has been transferred to the office in Cape Town for disbursement.

We offer our thanks to all our supporters who provide encouragement and finance for the work of the Fund. Many thanks also to Tiverton Rotary UK and some of their members who have generously supported the fund for the first time this year. We hope this relationship will continue.

Sandy Elsworth

Chairman, Board of Trustees African Scholars Fund (UK)

STATEMENT OF ACCOUNTS TO 31 DECEMBER 2022

INCOME: Donations Received £37915.29
Interest £19.14
Sub total Income £37,934.43
EXPENSES: Bank charges £60.78
Administration £0.00
Sub total Expenses £60.78
AVAILABLE FOR DISBURSEMENT: £37,873.65

The Charity has no assets or liabilities.