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|Legal and Administrative|Information|
|---|---|
|Report ofthe Trustees||
|Statement ofTrustees Responsibilities||
|Independent
Auditors'|Report|
|Statement ofFinancial|Activities|
|Balance Sheet||
|Cash Flow Statement||
|Notes to the financial statements||
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|Charity Name:|Charity Name:|Ace Africa (UK)||||
|---|---|---|---|---|---|
|Charity No:||1111283||||
|Company No:||4726183||||
|||The charitable
company
isgoverned|by its Articles ofAssociation|||
|Registered|Office:|c/o Lockton Companies
LLP, The St|Botolph Building 138Houndsditch|||
|||London EC3A 7AG||||
|Operational|Address:|c/o Lockton Companies
LLP, The St|Botolph Building 138Houndsditch|||
|||London EC3A 7AG||||
|Trustees:||David Montgomery
—Chairman||||
|||Nishit Ruparelia||||
|||Anne-Gabrielle
Starkloff||||
|||Janenika Beale||||
|||Rachel McCastman
(Honorary Secretary) (appointed
1'I.01.21)||||
|||Fiona Murray (Honorary Treasurer) (appointed||18.03.21)||
|||Kennedy Wanyonyi
(appointed
18.03.21)||||
|Staff:||David Evans, UK Country Director||||
|||Stephanie Mooney, Trusts and Foundations
Senior Manager||||
|||Olivia Jarman,
Events and Fundraising|Manager|||
|||Ajay Vasa, Finance Manager||||
|Auditors:||Critchleys Audit
LLP, Beaver House,|23 —28 Hythe Bridge Street,|||
|||Oxford OX1 2EP||||
|Bankers:||CAF Bank Ltd, 25 Kings Hill Avenue,|Kings Hill,|West Mailing,|Kent, ME19|
|||4JQ. Barclays Bank PLC, Leicester, LE827||||
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|||||||12Months|12Months|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2020|2020|2020|2019|
||||Notes|||||
|Income and endowments||from:||||||
|Donations
and legacies||||298,143|447,591|745,734|718,172|
|Charitable
activities|- events|||24,091||24,091|8,239|
|Investments|||||||14|
|Other - gifts in kind||||50,000||50,000|50,000|
|Total income and|endowments|||372,234|447,591|819,825|776,425|
|Expenditure
on:||||||||
|Charitable
activities||||||||
|Support ofAce Africa programmes||||126,679|431,695|558,374|605,936|
|Governance
Costs||||5,477||5477|5,325|
|Raising funds||||||||
|Fundraising
and Grant Application||||||||
|Costs||||169,563||169,563|125,689|
|Event Costs||||89||89|3,106|
|Other||||50,000||50,000|50,000|
|Total expenditure||||351,808|431,695|783,503|790,056|
|Net income/(expenditure)||||20,426|15,896|36,322|(13,631)|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||6,170|69,701|75,871|89,502|
|Total funds carried|forward|||26,596|85,597|112,193|75,871|
##
||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes||f|||
|Current Assets||||||||
|Debtors||||7,095||8,070||
|Cash at Bank and|in|Hand||115,569||74,219||
|||||122,664||82,289||
|Creditors: Amounts
year||falling due within one||~10,471||6,418||
|Net Current Assets|||||112,193||75,871|
|Net Assets|||||112,193||75,871|
|Unrestricted
Funds||||||||
|General
Funds|||||26,596||6,170|
|Restricted Funds|||||85,597||69,701|
|Total Funds|||10||112,193||75,871|
##
|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total funds|Total funds|
|Cash flows from o eratin||activities:||||||||
|Net cash|provided
(used in) operating||activities (reconciliation||||below)|41,350|(1,029)|
|Change|in cash and cash equivalents||in the|reporting|period|||41,350|(1,029)|
|Cash and|cash equivalents|at the beginning||ofthe reporting||period||74,219|75,248|
|Cash and|cash equivalents|at the end|ofthe|reporting|period|||115,569|74,219|
##
|Net income/(expenditure)|Net income/(expenditure)|for the reporting|for the reporting|period (as per the statement of|||
|---|---|---|---|---|---|---|
|financial activities)|||||36,322|(13,631)|
|Adjustments
for:|||||||
|(Increase)/decrease|in debtors||||975|14,790|
|Increase/(decrease)|in creditors||||4,053|(2,188)|
|Net cash provided|by (used|in) operating|activities||41,350|(1,029)|
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||||2020|2019|
|Donations and legacies||||E|
|Restricted Donations||447,591|447,591|566,222|
|General Donations|298,143||298,143|151,950|
||298,143|447,591|745,734|718,172|
|Other|||||
|In kind
—Use ofoffice space|50,000||50,000|50,000|
##
|3
Expenditure|3
Expenditure|Costs of
charitable
activity|Fundraising
and grant
applications|Event
costs|Governance
costs|In kind
expenses|Total
2020|Total
2019|
|---|---|---|---|---|---|---|---|---|
|||f|f||f|f|||
|Support ofAce Africa Programmes|||||||||
|Ace Africa (Kenya) -
Grants|Unrestricted|21,250|||||21,250||
|Ace Africa (Tanzania)
Grants|- Unrestricted|72,929|||||72,929|23,552|
|Programme
costs paid in UK-
Unrestricted||32,500|||||32,500|27,500|
|||126,679|||||126,679|51,052|
|Ace Africa (Kenya) -|Restricted Grants|119,962|||||119,962|212,600|
|Ace Africa (Tanzania)
Grants|- Restricted|282,790|||||282,790|321,230|
|Programme
costs paid in UK-
Restricted||||||||10,036|
|Conjoint Projects||28,943|||||28,943|16,219|
|||431,695|||||431,695|560,085|
|Cost ofGenerating|Funds||||||||
|Staffcosts - general|fundraising||178,834||||178,834|159,990|
|Bank charges|||5,147||||5,147|1,934|
|Postage|||899||||899|670|
|Stationery|||494||||494|383|
|Telephone|||101||||101|72|
|Travel|||258||||258|389|
|Media Costs|||10,937||||10,937|9,114|
|Training and development||||||||295|
|Direct fundraising
costs|||1,033||||1,033|1,181|
|Miscellaneous
costs|||1,618||||1,618|1,759|
|IT&website costs|||199||||199|250|
|Rent||||||50,000|50,000|50,000|
|Support costs allocated to restricted
grants|||(30,532)||||(30,532)|(55,549)|
|Recruitment
fees|||575||||575||
|Event Costs||||89|||89|3,106|
|Insurance Costs|||||1,457||1,457|1,425|
|Audit Fee|||||4,020||4,020|3,900|
|TOTAL||558,374|169,563|89|5,477|50,000|783,503|790,056|
##
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|5|Debtors|2020|2019|
|---|---|---|---|
||Other debtors|2,000|5,000|
||Prepayments|2,366|1,458|
||Accrued income - Gift Aid|2,729|1,612|
|||7,095|8,070|
|||2020|2019|
|---|---|---|---|
|6|Creditors|||
||Accruals|4,000|4,000|
||Other creditors|6,471|2,418|
|||10,471|6,418|
##
|7.
Movement
in Restricted Funds|7.
Movement
in Restricted Funds||||||
|---|---|---|---|---|---|---|
|||~Brou|ht||||
|||Forward||Income|~ex enditure|Carried Forward|
|Fund Details||01 01 2020||||~31 12 2020|
|Ace Future Stars, Child Development,|||||||
|Arusha, Tanzania||32,300||7,552|37,300|2,552|
|Alumni/Bursary
Funds, Kenya||4,400||||4,400|
|Emergency
Fund, Kenya &Tanzania|||628|1,612|310|1,930|
|Got Matar 82Siaya 10krun, Siaya,|||||||
|Kenya||1,|710|13,564|7,650|7,624|
|Community
Development,
Arusha 8|||||||
|Moshi, Tanzania||||45,000|45,000||
|Rosie Dwyer Fund, Bungoma,
Kenya||2,013||368||2,381|
|HIV/AIDS Health improvement,|Siaya,||||||
|Kenya||||44,612|44,612||
|The Amani Child Development|||||||
|Centre, Siaya, Kenya||||500|500||
|Truck Fund, Kenya &Tanzania||1,263||||1,263|
|Community
Livelihoods
Initiative,|||||||
|Arusha, Tanzania||||2,407|237|2,170|
|Community
Livelihoods
Initiative,|||||||
|Siaya, Kenya||||36,995|36,995||
|Counsellor-Child
Development-|||||||
|Arusha, Tanzania||||10,153|10,153||
|Conjoint project, Community|||||||
|Livelihood
Initiative,
Kenya||7,319|||7,319||
|Child Development,
Vihiga &Homa|||||||
|Bay, Kenya||1,902||||1,902|
|Vitol-Kenya &Tanzania||3,416|||3,416||
|Counsellor
Salary, Kenya|||750|||750|
|Nutrition
Supplements
&Training-|||||||
|Tanzania||2,000||24,000|24,000|2,000|
|Youth &Community-Arusha,
Tanzania||||128,893|128,893||
|Orphanage
School, Kenya||12,000|||12,000||
|HIV Communications
Drama &VCT|||||||
|Events, Tanzania||||10,000|10,000||
|Expanding access tochild protection,|||||||
|Kenya||||61,703|33,657|28,046|
|Strengthening
HIV health services-|||||||
|Arusha, Tanzania||||46,736|25,499|21,237|
|Increasing
youth access to sexual|||||||
|health,
Kenya||||9,996|654|9,342|
|Rarieda Football League -Siaya, Kenya||||3,500|3,500||
|||69,701||447,591|431,695|85,597|
##
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|9|Net income/expenditure
forthe|Net income/expenditure
forthe|year|year||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||This isstated after charging|||||||||
||Auditor's
remuneration
-current|year||Over provision|||for|4,000|4,000|
|||||previous||year||20|(100)|
|||||||||4,020|3,900|
|10|Analysis ofnet assets between funds|||||||||
||Fund balances at 31December|2019||||Unrestricted||Restricted|Totals|
||are represented
by:|||||||||
||Net current assets/
(liabilities)||||||26,596|85,597|112,193|
|11|Employees|||||||2020f|2019f|
||Total gross wages 8 employer's|national||insurance||||178,834|159,990|
|||||||||178,834|159,990|
||Staffcosts above include remuneration|||paid|to key|||||
||management
personnel,
comprising||the UK||Country|||||
||Director, amounting
to:|||||||68,611|56,485|
||Average number ofemployees|during|year|||||||
||There were one employees
with|emoluments|||above|%60,000(2019:56,485)||||
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