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← African Revival

2024-03-31-accounts

Registered number: 05169063 Charity number: 1108718

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report and Financial Statements For the Year Ended 31 March 2024

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Contents

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Chairman's Statement 2 - 3
Trustees' Report 5 - 15
Independent Auditors' Report on the Financial Statements 16 - 18
Summary of Personnel Changes 4
Statement of Financial Activities 19
Balance Sheet 20 - 21
Statement of Cash Flows 22
Notes to the Financial Statements 23 - 45

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Reference and Administrative Details of the Charity, its Trustees and Advisers For the Year Ended 31 March 2024

Trustees Mr ADM Allen,Chair
Mr GW James,Vice Chair
Mr LJH Beighton
Mr B J Stevens
Mr R De Boise
Ms S Srai-Chohan(resigned 20 December 2023)
Mr I E Clark
Mrs JG Sarpong
Ms H Wilson
Ms C Inch
Mrs E Miller(appointed 28 December 2023,resigned 10 March 2024)

Company registered number 05169063 Charity registered number 1108718 Registered office Woodhall Barns Hungry Hill Lane Send Surrey GU23 7LG Independent auditors Xeinadin Audit Limited Chartered Accountants Statutory Auditors 12 Conqueror Court Sittingbourne Kent ME10 5BH

Page 1

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Chairman's Statement For the Year Ended 31 March 2024

The chairman presents his statement for the year.

This year has been a period of change, recovery, and expansion for African Revival.

Our strategy at African Revival is to work in areas where we can have a significant positive impact. We engage in sustainable projects with local African communities, helping and encouraging them to become self-reliant. Our goal is to ensure long-term commitment to school projects and to equip schools with appropriate staff, infrastructure, equipment, and materials. By doing so, we aim to improve the quality of education and empower teachers, school management committees, and local community leaders. Our interventions are designed to improve educational attainment and nurture community commitment to this goal. We gradually reduce our support once the community can sustain access to quality education independently.

In Northern Uganda we work closely with district education officials to deliver high quality education programmes. We have expanded our successful Girls Advocacy Clubs to a further 20 schools in Nwoya District, initiated a teacher training programme of Mega Phonics, and introduced low-cost nursery education at five schools through our Step Up project. We are committed to improving school infrastructure through the building of classrooms, latrines, rainwater harvesting tanks and playgrounds at remote rural schools in the Koboko District. I am forever grateful to the Rasche Family Charitable Trust who have committed generous donations each year to help us build ten schools since 2018. Without our support, the children would be learning outside under trees or in rickety makeshift structures.

In South Sudan earlier this year, I visited 40 schools in Maridi and Ibba, an area we have been working in since 2008. Our support to improve the quality of education has had a significant impact in improving the lives and prospects of children and communities. South Sudan has the highest poverty rate in the world with 7 in 10 people living in extreme poverty - exacerbated by inflation, low agricultural production, rising food commodity prices and currency depreciation. There are severe economic challenges and a need for substantial humanitarian and developmental aid. Up to 2.4 million children are not receiving an education, the highest proportion of out-of-school children in the world.

Recently, we began implementing a three-year ‘Thrive South Sudan’ plan, which includes building classrooms, latrines, and rainwater harvesting tanks, using eco-friendly ISSB technology, training teachers, and delivering scholastic materials. The transformation is staggering, and I give special thanks to our partnerships with Adam Handling Limited for three school buildings and latrines and Robertsons for bringing play to our schools – much to the delight of thousands of children. Please let me know if you would like to help fund our projects or read an interim report.

In Zambia, where our operations were first established in 2005, we have been working primarily in the Kalomo and Zimba areas of Southern Province. Most of the 47 schools we support are in Kalomo District, where our in-country office is based. Recently, there have been significant positive changes in the educational environment in Zambia. President Hakainde Hichilema has prioritized government investment in education, abolishing all fees for primary and secondary schools from January 2022 and setting ambitious plans for free tertiary education for all. This broad and far-reaching government support aims to ensure universal access to quality primary and secondary education in suitably furnished and equipped classrooms. We welcome these changes, as they promise much better access to good quality education throughout the country.

Given our extensive and successful work in Kalomo District and the Zambian government’s new, and very welcome, educational investment policies, it has become challenging to find further suitable projects in and around Kalomo. Expanding our work to neighbouring areas would significantly increase costs due to travel time and vehicle wear and tear. Without reorganizing our staff and infrastructure in Zambia, we can no longer deliver good value for money to our donors for managing further projects there.

We are committed to three more construction projects in Zambia: building latrines and rainwater harvesting tanks at Chalinga and Siampondo Primary Schools and a classroom block at Nachoncho Primary School. In the coming months, we will continue delivering donated books through our partnership with Book Aid International and our innovative Read Together Libraries, combined with setting up lending libraries and arranging workshops for teachers designed to help them encourage their pupils to read and once these projects are completed successfully or placed on a sustainable footing, we plan to wind down our operations in Zambia by the end of March 2025. The need for our support in Uganda and South Sudan is now far greater than in the communities we have been working with in Zambia. We are confident that our work in Zambia over a period of 20 years has achieved a lasting positive impact. It is a legacy of which all those who have helped and supported our projects there, whether our donors, our staff or the communities themselves, can be proud and we are very grateful to them all.

Page 2

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Chairman's Statement (continued) For the Year Ended 31 March 2024

Whilst fundraising remains challenging due to the global economic climate, we are buoyed by the commitment of our supporters in our forthcoming fundraising efforts, including a greater than ever attendance expected at our annual Ball in September. I extend my gratitude to our donors, the Board of Trustees, staff, volunteers, and international partners for their continued support. I would also like to welcome our new Executive Director Sara Stewart who joined in June 2024. Please take a moment to read our Review of the Year for greater insight into our work and the impact that it is having.

Anthony Allen - Founder & Chair of Trustees Date: 12.9.24

Page 3

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Summary of Personnel Changes For the Year Ended 31 March 2024

Personnel 2023 – 2024

Trustees - Trustees are selected based on their expertise, skills, knowledge, and the benefits they can bring to the charity. The Board is the main policy making body of the charity. As well as attending quarterly Board Meetings, all Trustees form part of quarterly sub-committees – either Finance & Audit or Programme & Fundraising. We actively recruit Trustees to strengthen skills and fairly represent the diverse communities we serve.

We completed the year with 9 Trustees – Anthony Allen (Founder & Chairman), Glen James (Vice Chairman), Bernard Stevens (Treasurer), Leonard Beighton, Roy De Boise, Ian Clark, Joyce Sarpong, Hilary Wilson, and Catherine Inch.

Elaine Miller was appointed Trustee in December 2023, but resigned her role in March 2024 to step back and lead the charity as Interim CEO for a fixed period.

Employees

UK – Executive Director – Mandy Crandale (appointed July 2023, resigned Feb 2024), Finance Manager – Catherine Haines (appointed June 2023), Programme Fund Manager – Abi Dar, Interim CEO, Elaine Miller (appointed 11th March 2024).

Uganda – Country Manager – Vincent Komakech, Finance & Admin Manager – Monica Pinkett, Driver and Security - Tonny Oyat, Cleaner – Lilian Laker, Project Staff – Justin Ogen, Caston Okello (project contract ended Dec 2023), Amos Ojok (appointed 27th Feb 2023), Richard Ojok (project contract ended Nov 2023) and Kenneth Onekalit (appointed 3rd Jan 2024).

Zambia – Country Manager – Godwin Kamangala, Construction Supervisor - Dave Sangweni, Project Staff – Raymond Hadangalika (project contract ended Dec 2023).

South Sudan - We have no employees resident in South Sudan, choosing instead to work with local partners, with liaison managed through our UK and Uganda offices.

Page 4

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report For the Year Ended 31 March 2024

The Trustees present their annual report together with the audited financial statements of Charity for the 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees' report and a Directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) as amended by Update Bulletin 1 (effective January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Aims, Objectives and Activities

a. Aims

The charity's aims, as set out in the objects clause contained within the company's Memorandum and Articles of Association are:

b. Objectives

African Revival’s objectives fall into the main category of improving access to quality education in sub-Saharan Africa. We believe strongly in the power of education to change lives; by building schools, training teachers and providing the resources that schools need, we can help break the cycle of poverty and offer inspiration and opportunity to Africa’s future generations.

c. Activities

Our key activities relate to this main objective around education. Our main activities include:

Page 5

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Aims, Objectives and Activities (continued)

d. Public Benefit

The trustees have referred to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. In particular they consider how planned activities will contribute to the aims and objectives they have set. The trustees have complied with the duty in Section 17 of the Charities Act 2011, to have due regard for the Charity Commission’s general guidance note, “Charities and Public Benefit”.

Achievements and performance

AFRICAN REVIVAL

Vision

Our Vision is an Africa where every child has equal access to quality education.

We don’t just build infrastructure and provide livelihood and education projects; we empower whole communities – pupils, teachers, and parents – to transform schools into thriving learning environments that build brighter, better futures.

Mission

Our mission is to transform schools in Africa into effective and thriving teaching and learning environments – schools in which skilled and motivated teachers are supported by the parents and community in providing quality education to preprimary and primary school children.

Review of the Year

Income for the financial year 2023/2024 = £492,154 and expenditure = (£618,024) as surpluses from the covid years are run down.

Values

Every member of African Revival – Investing in Education, whether staff or volunteer, shares the same core values. These are the backbone of our organisational principles.

1. Rigorous and Results-focused

We are results-focused in all that we do. From planning to implementation, we aim to ensure that we create a positive impact for those we support. We rigorously monitor and evaluate all our programmes and projects and guarantee that we will constantly learn from our work. We make sure that what we do is as efficient as possible and contributes to sustainable long-term outcomes.

2. Transparent and Accountable

We are accountable to our donors, partners, and most of all to the children in the schools we support. It is our responsibility to use our resources as effectively and efficiently as possible, and to that end, we provide transparent information about our programme performance.

3. Responsive and Sustainable

We seek to develop and maintain long-term relationships with all our supporters and partners, without whom the barriers to quality education cannot be overcome. We are dedicated to responding to need, being flexible in our approach and ensuring that the impact we have is long-lasting and sustainable. This includes sustainable methods of construction.

Start & End

We start where the need is greatest, the community is committed, and the school has been operating for several years with established land rights. We end our support for schools once we are satisfied that our work with the community has achieved the provision of a quality education which is sustainable in the long-term. Although the level of education in African Revival supported schools is basic, they perform significantly better than others in the same districts and the quality of education provided in those schools is materially improved through our work.

Page 6

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Construction using eco-friendly ISSB: As organisations and economies look to decarbonise and transition to Net-Zero, African Revival continues to develop its sustainability approach to ensure these priorities are embedded in all areas of our operations. For example, we have seen great success transitioning to eco-friendly ISSB (interlocking soil stabilised blocks) building techniques in Uganda, Zambia, and South Sudan. Constructing a classroom block with ISSB saves 16 tonnes of carbon and 4 mature trees compared with traditional building methods, because bricks are cured rather than fired.

Book Aid International: We received further shipments of primary-age fiction and non-fiction books into Uganda and Zambia this year and are awaiting the arrival of our second shipment of 2000 books into South Sudan. 2,078 books were delivered to 20 schools in Uganda and 2,190 books were delivered to 15 schools in Zambia. Many of these books were delivered to schools as part of our Read Together project (more details below) but several other schools received books to support work we have already carried out to improve literacy and quality of education. Schools were trained and encouraged to set up reading clubs to improve pupils’ reading, comprehension, writing and English-speaking skills .

Page 7

AFRICAN REVIVAL (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Read Together : This project provides wheelable libraries to improve storage and accessibility of books, library training for teachers and fun activities for children to instil a love of reading. So far, 10 schools in Uganda and 7 schools in Zambia have received libraries full of hundreds of books and a reading workshop where they enjoyed a story time session and other activities.

Uganda

Map of where we work in Northern Uganda – Office in Gulu (Nwoya, Amuru, Koboko, Lamwo, Kitgum)

In 2022 African Revival established the Ugandan Advisory Committee with local influencial members - Joyce Lanyero (Amuru District DEO), Lajara Beatrice Oburu (Read for Life Team Leader), and Augustus Oryem (retired Head of Kitgum Teacher Training College). The Advisory Committee does not have any legal authority or responsibility for the Charity’s management. Members of the Committee volunteer their time to provide African Revival with advice, guidance and support in relation to ongoing and future operations in Uganda. We are extremely grateful for their commitment to help achieve our charity objectives, which we have been pursuing since 2005, to foster schools and communities in Northern Uganda in which skilled and motivated teachers are supported by the parents and community in providing quality education to nursery and primary school children.

Page 8

AFRICAN REVIVAL (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Girls’ Advocacy Clubs: Keeping Girls in Education has formed an integral part of our work at African Revival. Since 2018 we have been delivering multiple menstrual health management programmes. Following the recent success of our Menstrual Health Advocates (MHAs) Girls’ Clubs set up at 23 Girls & Sanitation project schools in Amuru and Nwoya Districts in 2022, in 2023 we established 20 more in Amuru as part of our new Girls’ Advocacy Clubs project. With the support of senior female teachers, the clubs provide girls with a safe space to discuss challenges and create change within the community. They are provided with menstrual health management (MHM) training and informative MHM comic books, which they help to design. Reusable pad-making workshops run by Lutino Adunu, the enterprise of a local lady was a hugely successful element. The increase in confidence of girls after these projects is so impressive that we have set up 20 more clubs in Nwoya District - to expand the initiative and the impact it is having further across Northern Uganda.

Koboko District: We began working in Koboko in 2016 at five remote community schools that had little or no formal infrastructure. These schools had hundreds of pupils learning under trees and supported refugees from neighbouring South Sudan and the Democratic Republic of Congo, along with Ugandan children from the host community. Our initial focus was to improve sanitation by digging boreholes and building latrines with handwashing stands, followed by classroom blocks (CRBs). In 2021, the first entire school (CRB, furniture, latrines and rainwater harvesting tank) was completed using ISSB at Marukulu. In Uganda, there are no cost implications to African Revival of using ISSB instead of traditional building methods, as we partner with Haileybury Youth Trust.

Following completion of the 9th and 10th entire new schools that we have built in the region at Awindiri and Kenyibuli (each comprising a furnished 1x3 CRB, latrines for pupils and staff, a 20,000L rainwater harvesting tank and hundreds of new trees planted), this year we completed construction of 2x3-room CRBs and two rainwater harvesting tanks at Busia Primary School. This school had 1,300 enrolled pupils sharing a 1x4 classroom block and two temporary structures before our intervention. Enrolment has increased to 1,900 pupils so we have begun construction of another 1x3 CRB, a rainwater harvesting tank and latrines at the same school. Construction of a 1x3 CRB and rainwater harvesting tank at Barifa Primary School has also commenced. All structures were built using ISSB. Local male and female youths previously trained by Haileybury Youth Trust in ISSB block making and building skills were employed in the construction work. The local community and parents have helped provide upfront raw materials (sand and hardcore) and labour, to promote a sense of ownership and sustainability of the new structures.

Page 9

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Mega Phonics : This two-year project started in 2023, to teach Phonics methodologies to 32 tutors and over 100 student teachers at Kitgum Core Primary Teachers College, as well as 30 K1-P3 nursery and primary teachers at 10 rural schools in Kitgum District. Phonics is an innovative teaching method that correlates sounds with letters, providing children with a stronger literary foundation in all subjects. This year, all beneficiaries were introduced to Phonics, Set One sounds, songs and words and were taught how to make their own learning resources using provided stationery.

Step Up: With funding from the British Foreign Schools Society (BFSS), we have set up low-cost Early Childhood Development (ECD) nurseries at five primary schools in Amuru District. As the project enters its final year, the volunteer teachers continue to be trained in Phonics. We have provided Phonics reading books and bilingual books of traditional stories for pupils, donated story books from Book Aid International, together with Phonics training manuals for teachers, wooden desks and chairs, cleanable mats for the younger children to sit on and classroom resources.

Page 10

AFRICAN REVIVAL (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Zambia

School Demonstration Farms: Our project to establish five school farms in Kalomo District ended this year, where vegetables and fruit trees were grown to benefit the school communities nutritionally and financially. Parent farmers were provided with agricultural training and seeds, while savings & loans groups have helped them save for their children’s education and set up small businesses. Guernsey Overseas Aid & Development Commission (GOAC) funded the installation of solar-powered drip irrigation systems at each of the farms, which dramatically increased the yields and number of different crops grown.

Classroom Blocks: Construction of a 1x3 CRB with 42 desk benches and teacher housing was completed at Lugobo Primary School. Construction of a furnished 1x3 classroom block, built with ISSB, commenced at Nachoncho Primary School.

Latrines: This year, construction has either started or been completed on 14 stances of drainable latrines for boys with urinals, 20 stances for girls (including 4 washrooms for privacy during menstruation – one per block), 6 stances for teachers and 11 handwashing stands at several different primary schools. At Chalinga Primary school, construction of latrines for pupils and staff and a 75,000L rainwater harvesting tank has commenced. All latrines have been built using ISSB.

Page 11

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

South Sudan

We completed a needs assessment and estimate only 1 in 5 children is in school in Maridi State. Our three-year ‘Thrive South Sudan’ project is now in its second year. There is great need to improve infrastructure, as well as capacity building and teacher training.

Classroom block at Town Primary School: Construction of a 1x4 CRB using ISSB in Maridi is complete. Included are 72 wooden desk benches and 4 teacher tables and chairs.

Classroom block and latrines at Baguya Primary School: Construction of a 1x4 CRB with wooden furniture and two 5,000L rainwater harvesting tanks in Maridi is complete. Construction of latrines for girls (with washrooms), boys and teachers has commenced. All structures are built using ISSB.

In Partnership with The Brickworks: 15 teachers are being sponsored to complete a 2-year diploma course at Yei Teacher Training College. A 1x4 CRB has been renovated at Wudu Primary School.

In Summary

Although our work in southern Zambia is coming to an end, we are proud of the lasting impact that it has had in improving the education and prospects for thousands of children there. With the continued support of our donors and partners, and the commitment of our staff, to all of whom we are deeply grateful, we look forward to improving access to quality education for many more children in some of the most deprived rural areas in Uganda and South Sudan.

Page 12

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Achievements and performance (continued)

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The trustees policy in respect of reserves is to maintain unrestricted funds at such a level as will provide African Revival with sufficient working capital to carry on its existing activities and remain viable in the longer term. The trustees estimate that the level of unrestricted reserves currently required approximates to £100k. This gives the charity the flexibility to sustain longer term projects and retain sufficient funds to maintain its activities in the event of a funding shortfall. Reserves were £326K at the end of the year, of which £206K were restricted leaving unrestricted reserves of £120K.

The charity built up reserves during the pandemic to cover unforeseen circumstances and now this has subsided, we are in a position to run-down reserves to our policy level.

c. Risk Management

The trustees have an on-going policy of reviewing, identifying and mitigating the operational, financial and strategic risks to which the charity is exposed both in the UK and in Africa. The charity operates in areas where there can be periodic instability . This can impact on the level of support we can provide. The risks to stability are reviewed on a regular basis. There have been no signficant events in the 2023-2024 year. We do not hold any financial investments and we are not aware of any factors likely to affect the financial performance going forward.

Page 13

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Structure, governance and management

a. Governing Document

African Revival is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

b. The Board of Trustees

During the year the Board consisted of 10 Trustees and was chaired by Anthony Allen. Trustees are selected on the basis of their expertise, skills and knowledge and upon the benefits that these can bring to the charity.

The Board is the main policy-making body of the charity.

c. Related party relationships

The Allen Trust, a related party of Tony Allen, is one of the main donors to African Revivial.

d. Arrangements for setting pay and remuneration of key management personnel

The Executive Director proposes pay increases in line with current inflation to the March Board meeting, which would then be approved and take effect from 1 April.

Page 14

AFRICAN REVIVAL (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 31 March 2024

Structure, governance and management (continued)

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

Auditors

The auditors, Xeinadin Audit Limited, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Mr ADM Allen

Chairman Date: 12.9.24

Page 15

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of African Revival

Opinion

We have audited the financial statements of African Revival (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 16

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of African Revival (continued)

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of an audit in accordance with ISAs (UK), exercise professional judgement and maintain professional scepticism through the audit. We also:

  1. Assessed the susceptibility of the entity's financial statements to material misstatement, including how fraud might occur.

  2. Held discussions with the client regarding their policies and procedures on compliance with laws and regulations.

  3. Held discussions with the client regarding their policies and procedures on fraud risks, including knowledge of any actual suspected or alleged fraud.

We consider the entity's controls effective in identifying fraud. We do not consider there to be significant difficulty in detecting irregularaties due to the low volume, high value nature of projects undertaken.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 17

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of African Revival (continued)

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Xeinadin Audit Limited

Chartered Accountants Statutory Auditors 12 Conqueror Court Sittingbourne Kent ME10 5BH Date: 17 September 2024

Xeinadin Audit Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 18

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Statement of financial activities (incorporating income and expenditure account) For the Year Ended 31 March 2024

Note
Income from:
Donations and legacies
3
Other trading activities
4
Investments
5
Other income
6
Total income
Expenditure on:
Raising funds
7
Charitable activities
8
Total expenditure
Net income/(expenditure)
Transfers between funds
17
Net movement in funds before other
recognised gains/(losses)
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed
assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2024
£
169,800
125,150
4,733
171
299,854
116,315
163,798
280,113
19,741
(52,285)
(32,544)
6,470
(26,074)
145,794
(26,074)
119,720		 Restricted
funds
2024
£
118,390
73,910
-
-
192,300
-
337,911
337,911
(145,611)
52,285
(93,326)
(13,507)
(106,833)
313,181
(106,833)
206,348		 Total
funds
2024
£
288,190
199,060
4,733
171
492,154
116,315
501,709
618,024
(125,870)
-
(125,870)
(7,037)
(132,907)
458,975
(132,907)
326,068		 Total
funds
2023
£
260,038
243,400
2,322
-
505,760
136,251
478,453
614,704
(108,944)
-
(108,944)
(138)
(109,082)
568,057
(109,082)
458,975

Page 19

AFRICAN REVIVAL

(A Company Limited by Guarantee) Registered number: 05169063

Balance Sheet As at 31 March 2024

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one
year
15
Net current assets
Total net assets
Charity funds
Restricted funds
17
Unrestricted funds
17
Total funds		 76,828
345,802
422,630
(97,085)		 2024
£
523
523
325,545
326,068
206,348
119,720
326,068		 29,605
488,838
518,443
(61,544)		 2023
£
2,076
2,076
456,899
458,975
313,181
145,794
458,975

Page 20

AFRICAN REVIVAL (A Company Limited by Guarantee) Registered number: 05169063

Balance Sheet (continued) As at 31 March 2024

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

However, an audit is required in accordance with section 145 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Mr ADM Allen Chairman Date: 12.9.24

The notes on pages 23 to 45 form part of these financial statements.

Page 21

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Statement of Cash Flows For the Year Ended 31 March 2024

Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Dividends, interests and rents from investments
Net cash provided by investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 23 to 45 form part of these financial statements		 2024
£
(147,769)
4,733
4,733
(143,036)
488,838
345,802		 2023
£
17,087
2,322
2,322
19,409
469,429
488,838

Page 22

AFRICAN REVIVAL (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

1. General information

The Charity is a private company limited by guarantee and registered in England and Wales. The registered address is given on page 1.

The principal activity of the charity is the relief of poverty and sickness and the advancement of education amongst the poorest communities in Africa.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements have been presented in sterling and are rounded to the nearest pound.

African Revival meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The Trustees assess whether the use of going concern is appropriate i.e., whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least 12 months from the date of authorisation for issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity’s ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 23

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the reporting date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of Financial Activities.

2.7 Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 24

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

2. Accounting policies (continued)

2.8 Tangible fixed assets and depreciation

Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles - 30% Office equipment - 30% Computer equipment - 30%

2.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.10 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 less from the date of acquisition or opening of the deposit or similar account.

2.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.12 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.13 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 25

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

2. Accounting policies (continued)

2.14 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 26

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

3. Income from donations and legacies

Donations
Legacies
Grants
Similar incoming resources
Total 2023		 Unrestricted
funds
2024
£
92,029
61,000
16,267
504
169,800
63,910		 Restricted
funds
2024
£
61,669
5,000
51,721
-
118,390
196,128		 Total
funds
2024
£
153,698
66,000
67,988
504
288,190
260,038		 Total
funds
2023
£
83,004
-
177,025
9
260,038

4. Income from other trading activities Income from fundraising events

Fundraising events
Total 2023		 Unrestricted
funds
2024
£
125,150
210,289		 Restricted
funds
2024
£
73,910
33,111		 Total
funds
2024
£
199,060
243,400		 Total
funds
2023
£
243,400

5. Investment income

Unrestricted
funds
2024
£
Bank interest
4,733
Total 2023
2,322		 Total
funds
2024
£
4,733
2,322		 Total
funds
2023
£
2,322

Page 27

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

6. Other incoming resources

Unrestricted Total Total
funds funds funds
2024 2024 2023
£ £ £
Other income 171 171 -

7. Expenditure on raising funds

Costs of raising voluntary income

Unrestricted
funds
2024
£
Costs of raising funds - other
98,205
Costs of raising funds - wages and salaries
18,110
116,315
Total 2023
136,251		 Total
funds
2024
£
98,205
18,110
116,315
136,251		 Total
funds
2023
£
113,220
23,031
136,251

The cost of raising funds relates to costs of our main annual fundraising events, the Ball and Golf Day.

8. Analysis of expenditure on charitable activities

Summary by fund type

Education
Total 2023		 Unrestricted
funds
2024
£
163,798
149,313		 Restricted
funds
2024
£
337,911
329,140		 Total
2024
£
501,709
478,453		 Total
2023
£
478,453

Page 28

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

8. Analysis of expenditure on charitable activities (continued)

Summary by expenditure type

Education
Total 2023		 Staff costs
2024
Depreciation
2024
£
£
150,224
1,553
132,950
2,791		 Other costs
2024
£
349,932
342,712		 Total
2024
£
501,709
478,453		 Total
2023
£
478,453

9. Analysis of expenditure by activities

Education
Total 2023		 Activities
undertaken
directly
2024
£
466,345
440,544		 Support
costs
2024
£
35,364
37,909		 Total
funds
2024
£
501,709
478,453		 Total
funds
2023
£
478,453

Page 29

AFRICAN REVIVAL (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

9. Analysis of expenditure by activities (continued)

Analysis of support costs

Education
2024
£
Depreciation
1,553
Travel
2,256
Insurance
682
Bank fees
960
Printing, postage & stationery
431
Computer maintenance and consumables
1,400
Motor vehicle costs
3,869
Rent
3,189
Telephone & internet
1,605
Other costs
9,579
Governance costs
9,840
35,364
Total 2023
37,909
10.
Auditors' remuneration
Fees payable to Xeinadin Audit Limited for the audit of the Charity's annual
accounts
Fees payable to Xeinadin Audit Limited and its associates in respect of:
All non-audit services not included above
11.
Staff costs
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 Total
funds
2024
£
1,553
2,256
682
960
431
1,400
3,869
3,189
1,605
9,579
9,840
35,364
37,909
2024
£
7,860
1,980
2024
£
156,407
9,137
2,790
168,334		 Total
funds
2023
£
2,791
4,817
598
1,148
997
2,022
8,065
3,407
1,702
4,262
8,100
37,909
2023
£
6,600
1,500
2023
£
147,282
7,635
1,064
155,981

Page 30

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

11. Staff costs (continued)

The average number of persons employed by the Charity during the year was as follows:

UK
Uganda
Zambia		 2024
No.
3
7
3
13		 2023
No.
3
7
3
13

No employee received remuneration amounting to more than £60,000 in either year.

12. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL) .

Page 31

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

13. Tangible fixed assets

Cost or valuation
At 1 April 2023
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Motor
vehicles
£
54,363
54,363
52,287
1,553
53,840
523
2,076		 Office
equipment
£
11,549
11,549
11,549
-
11,549
-
-		 Computer
equipment
£
10,017
10,017
10,017
-
10,017
-
-		 Total
£
75,929
75,929
73,853
1,553
75,406
523
2,076

Page 32

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

14. Debtors

Due within one year
Trade debtors
Prepayments and accrued income		 2024
£
44,071
32,757
76,828		 2023
£
10,863
18,742
29,605

15. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 April 2023
Resources deferred during the year
Amounts released from previous periods
Deferred income at 31 March 2024		 2024
£
-
3,394
1,162
92,529
97,085
2024
£
34,567
79,282
(34,567)
79,282		 2023
£
14,236
2,376
1,065
43,867
61,544
2023
£
31,082
34,567
(31,082)
34,567

Income has been deferred in respect of Golf Day income and Annual Ball income received relating to the next financial year.

Page 33

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

16. Financial instruments

Financial assets
Financial assets measured at fair value through income and expenditure
Financial assets measured at amortised cost
Financial liabilities
Financial liabilities measured at amortised cost		 2024
£
345,802
76,828
422,630
2024
£
(97,085)		 2023
£
488,838
29,605
518,443
2023
£
(61,544)

Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand.

Financial assets measured at amortised cost comprise trade and other debtors.

Financial liabilities measured at amortised cost comprise trade and other creditors.

Page 34

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

17. Statement of funds

Statement of funds - current year

Unrestricted
funds
General funds
Vehicle
Replacement
Restricted
funds
Education
Sanitation
Livelihoods
Uganda
Zambia
South Sudan
Total of funds		 Balance at 1
April 2023
£
124,184
21,610
145,794
(1,296)
405
7,163
168,697
47,166
91,046
313,181
458,975		 Income
£
296,899
2,955
299,854
426
75
-
106,201
43,190
42,408
192,300
492,154		 Expenditure
£
(280,113)
-
(280,113)
-
-
-
(176,733)
(26,413)
(134,765)
(337,911)
(618,024)		 Transfers
in/(out)
£
(52,435)
150
(52,285)
5,839
17,039
15,903
7,265
(20,761)
27,000
52,285
-		 Gains/
(Losses)
£
5,814
656
6,470
(2,131)
(15,325)
(2,424)
(4,942)
10,696
619
(13,507)
(7,037)		 Balance at
31 March
2024
£
94,349
25,371
119,720
2,838
2,194
20,642
100,488
53,878
26,308
206,348
326,068

Page 35

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

17. Statement of funds CY

17. Statement of funds (continued)

Statement of funds - prior year

Unrestricted
funds
General funds
Vehicle
Replacement
Restricted
funds
Education
Sanitation
Livelihoods
Uganda
Zambia
South Sudan
Total of funds		 Balance at
1 April 2022
£
135,462
13,410
148,872
8,400
4,300
1,197
156,069
95,082
154,137
419,185
568,057		 Income
£
268,321
8,200
276,521
2,988
210
6,380
135,696
28,158
55,807
229,239
505,760		 Expenditure
£
(285,564)
-
(285,564)
-
-
-
(139,912)
(69,328)
(119,900)
(329,140)
(614,704)		 Transfers
in/out
£
-
-
-
(11,550)
(1,000)
(3,543)
17,550
(1,457)
-
-
-		 Gains/
(Losses)
£
5,965
-
5,965
(1,134)
27
(2)
(706)
(5,290)
1,002
(6,103)
(138)		 Balance at
31 March
2023
£
124,184
21,610
145,794
(1,296)
3,537
4,032
168,697
47,165
91,046
313,181
458,975

Page 36

AFRICAN REVIVAL (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

.

Breakdown of Restricted funds - Current Year

Restricted funds
Uganda
Amplify Change
Awindiri PS
Barifa & Ronyi
Beekeeping
Busia CRB
Girls & Sanitation
Girls Advocacy
Kenyibuli CPS
Koboko Boreholes
Koboko CRB
Lamwo SDF
Mega Phonics
MH Advocates
Obule latrines
Phonics Expansion
Speed Schools GG
Barifa CRB & RWHT
Morimo (was Bees &
Trees)
Busia CRB, RWHT &
Latrines 23-24
Girls Advocacy Nwoya
Read Together
STEP UP - Amuru
Uganda General
Total
Restricted funds
Zambia
Big Give 2021
Chundwe RWH
Girls & Sanitation
Kalomo SDF
Kalomo Solar Irrigation
Lugobo CRB & TSH
Lusumpuko Boys
Lusumpuko
Girls
Latrines and ISSB
Lusumpuko RWH
Mutala PS Latrines
Nachoncho CRB
Nantale Latrines
Siachitema CRB
Simusunge CRB
Tara Latrines
Zyangale
Community
School
Chalinga
Latrines
&
RWHT
Read Together
Siampondo
RWHT
&
Latrines
Total		 At 1 April
Income
Outgoing
Transfers
Exchange
At 31 March
2023
resources
resources
gain/(loss)
2024
(9)
-
-
(20)
29
-
17,354
-
17,654
63
237
-
375
-
-
(1,117)
742
-
42
-
-
-
(42)
-
53,380
2,171
51,885
(3,072)
(594)
-
16,665
-
6
(16,473)
(186)
-
15,339
2,800
12,006
(5,851)
(283)
-
1,704
-
3,198
1,630
(136)
-
586
-
-
-
(586)
-
2,053
-
-
-
(2,053)
-
16,302
-
10,783
(5,350)
(169)
-
3,669
(6,853)
18,291
49,597
(732)
27,390
991
-
-
(951)
(40)
-
14,166
-
-
(14,166)
-
-
22,439
-
-
(22,391)
(48)
-
(898)
-
-
-
898
-
-
-
-
-
-
4,481
14,033
13,412
43,620
10,704
15,200
11,113
19,120
-
29,461
2,240
1,553
10,535
16,742
-
3,072
5,851
-
-
(435)
-
(743)
(70)
(35)
(697)
11,220
13,412
16,489
14,245
13,612
4,362
58
-
-
(299)
-
(241)
168,697
106,201
176,733
7,264
(4,942)
100,488
At 1 April
Incoming
Outgoing
Transfers
Exchange
At 31 March
2023
resources
resources
gain/(loss)
2024
2,627
-
87
(1,996)
(544)
-
591
-
-
(637)
46
-
(889)
-
-
(10,348)
11,237
-
12,224
1,000
3,214
(10,317)
307
-
2,649
-
-
(2,277)
(373)
-
7,164
-
2,090
-
(575)
4,499
825
173
129
(873)
3
-
1,539
-
106
(2,325)
892
-
(1,757)
-
-
1,750
7
-
1,567
-
1,362
(300)
95
-
9,456
10,926
949
(9,500)
(44)
9,888
4,953
-
2,619
-
(367)
1,967
238
-
-
(172)
(66)
-
5,926
-
-
(5,936)
10
-
(7)
-
204
176
34
-
59
-
-
-
-
-
12,689
18,401
-
10,895
2,782
1,976
(60)
19,062
481
2,509
1
248
(101)
(114)
-
8,416
10,287
18,820
47,165
43,190
26,413
(20,761)
10,696
53,877

Page 37

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

Restricted funds
South Sudan
Araka CRB
Baamani CRB
Baamani Latrines
Brickworks
Teacher
Training
South Sudan
St Barnabas CRB
Thrive - Book Aid
Thrive - Furniture
Thrive - Town PS CRB
Town
&
Haddow
Playgrounds
Baguya Latrines
Mamenze CRB
Thrive
- Baguya PS
CRB
Total		 At 1 April
Incoming
Outgoing
Transfers
Exchange
At 31 March
2023
resources
resources
gain/(loss)
2024
(442)
-
-
269
173
-
131
-
-
(532)
401
-
7,251
-
-
(7,504)
253
-
900
(2,021)
20,225
22,062
(21)
695
16,275
25,000
-
(41,275)
(15)
(15)
(462)
-
635
(173)
-
(678)
-
-
678
-
-
6,907
(450)
-
(6,457)
-
-
61,164
-
-
-
-
(5,468)
33,690
(3,079)
-
(5,265)
19,400
33,690
12,072
-
49,378
(36,296)
-
25,000
10,500
59,922
-
-
-
-
-
-
-
9,849
10,500
5,280
91,046
42,408
134,765
27,000
619
26,308

Page 38

AFRICAN REVIVAL (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

.

Breakdown of Restricted Funds - Prior Year

Restricted funds
Uganda
Amplify Change
Awindiri PS
Barifa & Ronyi
Beekeeping
Busia CRBs
Girls & Sanitation
Girls Advocacy
Kenyibuli CPS
Koboko Boreholes
Koboko CRB
Lamwo SDF
Mega Phonics
MH Advocates
Obule Istrines
Phonics Expansion
Speed Schools GG
STEP UP - Amuru
Uganda General
Total		 At 1 April
Incoming
Outgoing
Transfers
Exchange
At 31 March
2022
resources
resources
gain/(loss)
2023
(9)
-
-
-
0
(9)
-
30,528
18,446
6,000
(728)
17,354
28,935
-
27,831
-
(729)
375
42
-
-
-
-
42
-
51,112
5,527
8,000
(205)
53,380
27,090
-
10,690
-
265
16,665
-
17,299
1,968
138
(130)
15,339
-
34,241
34,903
2,000
366
1,704
586
-
-
-
-
586
1,362
-
-
-
691
2,053
44,142
-
(4,815)
4,377
22,787
724
-
-
(238)
16
16,302
3,669
6,689
(3,633)
1,626
(138)
50
991
14,166
-
-
-
-
14,166
22,467
-
131
-
103
22,439
(898)
-
-
-
-
(898)
11,790
6,587
15,279
1,550
(167)
4,481
58
-
-
-
-
58
156,069
135,696
139,912
17,550
(706)
168,697
Restricted funds
Zambia
Big Give 2021
Chundwe RWH
Girls & Sanitation
Kalomo SDF
Kalomo Solar Irrigation
Lugobo CRB & TSH
Lusumpuko.Boys
Latrines
Lusumpuko.Girls
Latrines and ISSB
Lusumpuko RWH
Mutala PS Latrines
Nachoncho CRB
Nantale Latrines
Siachitema CRB
Simsusunge CRB
Tara Latrines
Zyangale
Community
School
Total		 At 1 April
Income
Outgoing
Transfers
Exchange
At 31 March
2022
resources
resources
gain/(loss)
2023
8,144
-
4,801
-
(716)
2,627
685
-
158
-
64
591
1,044
-
-
-
(1,933)
(899)
13,389
3,007
5,374
1,022
180
12,224
5,264
(2,088)
649
(22)
144
2,649
37,181
-
24,401
-
(5,616)
7,164
6,095
(263)
4,541
-
(466)
825
5,351
-
3,906
-
94
1,539
654
-
141
(2,457)
187
(1,757)
-
7,543
5,736
-
(240)
1,567
-
9,456
-
-
-
9,456
-
10,503
5,845
-
295
4,953
261
-
-
-
(23)
238
7,218
-
1,792
-
500
5,926
9,682
-
11,870
-
2,181
(7)
114
-
114
-
59
59
95,082
28,158
69,328
(1,457)
(5,290)
47,165

Page 39

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

Restricted funds
South Sudan
Araka CRB
Baamani CRB
Baamani Latrines
Brickworks
Teacher
Training
South Sudan
St Barnabas CRB
Thrive - Book Aid
Thrive - Furniture
Thrive - Town PS CRB
Total		 At 1 April
Income
Outgoing
Transfers
Exchange
At 31 March
2022
resources
resources
gain/(loss)
2023
(442)
-
-
-
-
(442)
131
-
-
-
-
131
30,000
(1,959)
20,968
-
178
7,251
-
6,495
28,054
21,778
681
900
124,910
-
-
(108,778)
143
16,275
(462)
-
-
-
-
(462)
-
-
678
-
-
(678)
-
(1,416)
18,677
27,000
-
6,907
-
52,687
51,523
60,000
-
61,164
154,137
55,807
119,900
-
1,002
91,046

Page 40

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

17. Statement of funds (continued)

Fund Origin of Fund Purpose of Fund
Uganda
Construction in Koboko, West Nile Trusts & Individual Donors / The Allen
Trust / AR Ball ‘22 / AR Ball ‘23 / AR
Unrestricted		 Construction of 2x3-room classroom
blocks and two rainwater harvesting
tanks at Busia Primary School -
completed.
Construction
of
1x3
classroom block, rainwater harvesting
tank and latrines at the same school –
commenced. Construction of a 1x3
classroom
block
and
rainwater
harvesting tank at Barifa Primary
School–commenced.
Educational Resources Book Aid International 2,078 fiction and non-fiction books
delivered to 20 schools in Amuru,
Lamwo, Koboko, Ktgum & Gulu.
Read Together Trusts / Individual Donors / Big Give
Christmas Challenge ‘23		 Delivery of wheelable libraries, story
books and reading workshops to 20
schools in Amuru, Lamwo, Kitgum &
Koboko districts.
Girls' Advocacy Clubs, Amuru Big Give Christmas Challenge '22 Setting up Girls’ Advocacy Clubs in 20
schools in Amuru District–completed.
Girls/Advocacy Clubs, Nwoya Trusts and Individual Donors, AR Setting up Girls’ Advocacy Clubs in 20
schools
in
Nwoya
District
–
commenced.
School Demonstration Farms Trust and Individual Donors A 4-year project (extended from 3
years)
at
8
schools
in
Lamwo,
extended to 4 years, supporting 400
parents,
improving
agricultural
practices
and
food
security
–
completed.
Step
Up
-
Early
Childhood
Development		 British Foreign Schools Society A 3-year project at 5 primary schools in
Amuru District, setting up low-cost
nurseries and training teachers in
Phonics methodology.
Mega Phonics The Allen Trust A 2-year project in Kitgum, training
teaching students, PTC tutors and
rural teachers in Phonics methodology.

Page 41

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

Zambia
Educational Resources Book Aid International 2,190 fiction and non-fiction books
delivered to 15 schools in Kalomo &
Southern districts.
Read Together Trusts / Big Give Christmas Challenge
‘23		 Delivery of wheelable libraries, story
books and reading workshops to 19
schools
in
Kalomo
&
Southern
districts.
School Demonstration Farms Charles Hayward / Play It Forward /
The Allen Trust		 A 3-year project at 5 primary schools in
Kalomo
District,
supporting
250
parents,
improving
agricultural
practices
and
food
security
-
completed.
Lugobo Primary School Individual Donor / The Allen Trust Construction of 1x3 classroom block
and teacher housing-completed.
Mutala Primary School Just a Drop Construction of handwashing stands
and latrines for girls (with washrooms),
boys and teachers with ISSB. MHM
training and pad provision-completed.
Nantale Primary School Just a Drop Construction of handwashing stands,
latrines for girls (with washrooms),
boys and teachers with ISSB.
Chalinga Primary School AR Unrestricted Construction of handwashing stands,
latrines for girls (with washrooms),
boys and teachers with ISSB and a
rainwater harvesting tank.
Nachoncho PS GOAC / The Allen Trust Construction of 1x3 classroom block
with furniture & lockable office, built
with ISSB-commenced.
Siampondo PS Just a Drop Construction of handwashing stands,
latrines for girls (with washrooms),
boys and teachers with ISSB and a
rainwater
harvesting
tank
-
commenced.
South Sudan
Teacher Training The Allen Trust 15 teachers–2-year diploma course.
Educational Resources Book Aid International Shipment of 2,000 books dispatched.
Town Primary School The Allen Trust Construction of 1x4 classroom block
using ISSB, with wooden furniture -
completed.
Baguya Primary School The Allen Trust Construction of 1x4 classroom block
using ISSB, with wooden furniture and
two 5,000L rainwater harvesting tanks
– completed. Construction of latrines
for girls (with washrooms), boys and
teachers with ISSB-commenced.
Wudu Primary School The Allen Trust Renovation of a 1x4 classroom block.

Page 42

AFRICAN REVIVAL (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

18. Summary of funds

Summary of funds - current year

Balance at
Balance at 1 Transfers Gains/ 31 March
April 2023 Income Expenditure in/(out) (Losses) 2024
£ £ £ £ £ £
General funds 145,794 299,854 (280,113) (52,285) 6,470 119,720
Restricted
funds 313,181 192,300 (337,911) 52,285 (13,507) 206,348
458,975 492,154 (618,024) - (7,037) 326,068
Summary of funds - prior year
Balance at
Balance at Transfers Gains/ 31 March
1 April 2022 Income Expenditure in/out (Losses) 2023
£ £ £ £ £ £
General funds 148,872 276,521 (285,564) - 5,965 145,794
Restricted
funds 419,185 229,239 (329,140) - (6,103) 313,181
568,057 505,760 (614,704) - (138) 458,975

19. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted
funds
2024
£
Tangible fixed assets
523
Current assets
119,197
Creditors due within one year
-
Total
119,720		 Restricted
funds
2024
£
-
303,433
(97,085)
206,348		 Total
funds
2024
£
523
422,630
(97,085)
326,068

Page 43

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

19.
Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Restricted
funds
2023
£
£
Tangible fixed assets
2,076
-
Current assets
143,718
374,725
Creditors due within one year
-
(61,544)
Total
145,794
313,181
20.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
£
Net expenditure for the period (as per Statement of Financial Activities)
(125,870)
Adjustments for:
Depreciation charges
1,553
Dividends, interests and rents from investments
(4,733)
Decrease/(increase) in debtors
(47,223)
Increase/(decrease) in creditors
35,541
Translation (loss)/gain on foreign exchange movements
(7,037)
Net cash used in by/(provided) operating activities
(147,769)
21.
Analysis of cash and cash equivalents
2024
£
Cash in hand
345,802
Total cash and cash equivalents
345,802		 Total
funds
2023
£
2,076
518,443
(61,544)
458,975
2023
£
(108,944)
2,791
(2,322)
131,121
(5,421)
(138)
17,087
2023
£
488,838
488,838

Page 44

AFRICAN REVIVAL

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2024

22. Analysis of changes in net cash flows

Cash at bank and in hand At 1 April
2023
£
488,838
488,838		 Cash flows
£
(143,036)
(143,036)		 At 31 March
2024
£
345,802
345,802

23. Contingent assets

The charitable company have a contingent asset as at 31 March 2024 in relation to legacy income which cannot be reliably valued due to delays in legal proceedings. Based on our assessment of the facts and circumstances of the future asset, we consider it to be likely but not virtually certain that the contingent asset will be valued at around £11,000.

24. Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £2,790 (2023 - £1,604), no amounts were payable to the fund at the balance sheet date.

25. Related party transactions

During the year the charitable company entered into transactions, in the ordinary course of business, with other entities under common control of the Trustees. Revenue received from related parties during the year ended 31 March 2024 amounted to £86,508 (2023: £157,305). At the year end, there was £10,763 (2023: £2,238) owed by related parties.

Page 45