2021-12-31-accounts

Contents:		Page:
Legal and Administrative	Information
Report ofthe Trustees
Statement ofTrustees	Responsibilities	14
Independent Auditors'	Report	15
Statement of Financial	Activities	20
Balance Sheet		21
Cash Flow Statement		22
Notes to the financial statements		23

Charity Name:	Charity Name:	Charity Name:	Ace Africa (UK)
Charity No:			1111283
Company	No:		4726183
			The charitable company	is governed		by its Articles of Association
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:			Fiona Hammond Chair (appointed 11.10.21)
			Anne-Gabrielle Starkloff
			Rachel McCastman (Honorary Secretary resigned 05.09.22)
			Fiona Murray (Honorary	Treasurer)
			David Montgomery
			Kennedy Wanyonyi
			Nishit Ruparellia (resigned 07.02.22)
			Janenika Beale (resigned	19.02.22)
Staff:			David Evans, UK Country	Director
			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

~	Introducing	a fundraising	plan that	plan that	More trustees engaged in fundraising and became
	proactively	involves trustees in fundraising			donors to the charity than in 2020. Further pledges
					and support have been committed for 2023.
					Additional trustee volunteering hours (to assist with
					operational fundraising) has also been offered.
o	Mapping out our organisational				Capabilities and capacity have been mapped for the
	development	needs and the needs of			East Africa entities, including a transition plan as the
	our partners	to strengthen		the charities	founders ofeach entity plan to step away from their
	in the longer-term as part		ofa Covid-19		management role during 2022 (see below). A review
	recovery plan				ofthe UK organisational structure is underway in
					light ofongoing capacity issues. Organisational
					strengthening goals have been identified and
					targeted proposals are under development.
e	The default	position that any extra			Additional unrestricted funding support was provided
	unrestricted	income will be		kept as reserves,	to Ace Africa Tanzania and Ace Africa Kenya to
	with decisions on different			use to be decided	address immediate capacity and project logistics
	through discussion between			board and staff	requirements.

					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
					2021	2020	2021	2020
				Notes
Income and endowments			from:
Donations	and legacies				185,368	485,636	671,004	745,734
Charitable	activities	—events			16,000		16,000	24,091
Other —gifts in kind					50,000		50,000	50,000
Total income and endowments					251,368	485,636	737,004	819,825
Expenditure	on:
Charitable	activities
Support of	Ace Africa programmes				50,304	455,340	505,644	558,374
Governance	Costs				5,764		5,764	5,477
Raising funds
Fundraising	and Grant Application
Costs					161,718		161,718	169,563
Event Costs								89
Other					50,000		50,000	50,000
Total expenditure					267,786	455,340	723,126	783,503
Net income/(expenditure)					(16,418)	30,296	13,878	36,322
Reconciliation offunds
Total funds	brought	forward			26,596	85,597	112,193	75,871
Total funds	carried forward				10,178	115,893	126,071	112,193

				2021		2020
			Notes
Current Assets
Debtors				60,148		7,095
Cash at Bank	and in	Hand		77,983		115,569
				138,131		122,664
Creditors: Amounts		falling due within one
year				(12,060)		(10,471)
Net Current	Assets				126,071
Net Assets					126,071
Unrestricted	Funds
General Funds					10,178
Restricted Funds					115,893
Total Funds			10		126,071

									2021	2020
									Totalfunds	Total funds
Cash flows from operating		activities:
Net cash provided	(used in) operating		activities (reconciliation below)						(37,586)	41,350
Change in cash and cash equivalents			in the		reporting	period			(37,586)	41,350
Cash and cash equivalents		at the beginning			ofthe reporting		period		115,569	74,219
Cash and cash equivalents		at the end	ofthe		reporting	period			77,983	115,569
Reconciliation of	net income/(expenditure				to net cash flow		from operating		activities
Net income/(expenditure)		for the reporting			period (as per the statement			of
financial activities)									13,878	36,322
Adjustments for:
(Increase)/decrease	in debtors								(53,053)	975
Increase/(decrease)	in creditors								1,589	4,053
Net cash provided	by (used	in) operating		activities					(37,586)	41,350

		Unrestricted	Restricted	Total	Total
				2021	2020
Donations	and legacies
Restricted	Donations		485,636	485,636	447,591
General Donations		185,368		185,368	298,143
		185,368	485,636	671,004	745,734
Other
In kind - use ofoffice space		50,000		50,000	50,000

3 Expenditure	3 Expenditure	3 Expenditure	Costs of	Fundraising	Governance
			charitable	and grant	costs	In kind	Total	Total
			activity	applications		expenses	2021	2020
Support ofAce Africa Programmes
Ace Africa (Kenya)	-	Unrestricted
Grants			10,548				10,548	21,250
Ace Africa (Tanzania) —Unrestricted
Grants			9,756				9,756	72,929
Programme costs	paid in UK-
Unrestricted			30,000				30,000	32,500
			50,304				50,304	126,679
Ace Africa (Kenya)	-	Restricted
Grants			108,250				108,250	119,962
Ace Africa (Tanzania) - Restricted
Grants			347,090				347,090	282,790
Programme costs	paid in UK-
Restricted
Conjoint Projects								28,943
			455,340				455,340	431,695
Cost ofGenerating		Funds
Staff costs - general		fundraising		179,935			179,935	178,834
Bank charges				547			547	5,147
Postage				875			875	899
Stationery				1,000			1,000	494
Telephone				173			173	101
Travel				396			396	258
Media Costs				10,452			10,542	10,937
Training and development				1,598			1,598
Direct fundraising	costs			3,317			3,317	1,033
Miscellaneous costs				1,952			1,952	1,618
Professional services
IT (k website costs				199			199	199
Rent						50,000	50,000	50,000
Support costs allocated to
restricted grants				(38,726)			(3S,726)	(30,532)
Recruitment fees								575
Event Costs								89
Insurance Costs					1,624		1,624	1,457
Audit Fee					4,140		4,140	4,020

Debtors		2021	2020
Other debtors		58,229	2,000
Prepayments		1,572	2,366
Accrued income	—Gift Aid	347	2,729
		60,148	7,095

		2021	2020
6	Creditors
	Accruals	5,897	4,000
	Creditors within one year
	Other creditors	6,163	6,471
		12,060	10,471

			~Bre ht
			Forward	Income	~B* chert re	Carried Forward
Fund Details			01 01 2021			31 12 2021
Ace Future Stars, Child Development,
Arusha, Tanzania			2,552	52,384	52,558	2,378
Alumni/Bursary Funds, Kenya			4,400		4,400
Emergency Fund, Kenya &Tanzania			1,930	1,327	1,930	1,327
Got Matar &Siaya 10krun, Siaya,
Kenya			7,624	3,707	7,881	3,450
Community Development, Arusha		&
Moshi, Tanzania				45,000	41,250	3,750
Rosie Dwyer Fund, Bungoma,	Kenya		2,381	176		2,557
Truck &Driver's Fund, Kenya	&Tanzania		1,263	6,000	7,263
Community Livelihoods Initiative,
Arusha, Tanzania			2,170		2,170
Strengthen Child Protection, Arusha,
Tanzania				22,706	22,706
Child Development, Vihiga &	Homa	Bay
Kenya			1,902		1,902
Counsellor Salary, Kenya			750		750
Nutrition Supplements &Training			2,000	24,000	24,000	2,000
Fruit Tree Cultivation, Siaya, Kenya				10,000	10,000
Youth &Community-Arusha,	Tanzania			112,989	112,989

HIV Community Drama & VCT, Tanzania		12,107	12,107
Expanding access to child protection-
Kenya	28,046	54,142	57,760	24,428
Strengthening HIV health services-
Arusha, Tanzania	21,237	47,976	69,213
Increasing youth access to sexual
health, Kenya	9,342	10,000	9,342	10,000
Safe Water in schools, Siaya, Kenya		10,000	10,000
Improving Livelihoods for women-Kenya		23,122	2,119	21,003
Child Development -Kenya &Tanzania		50,000	5,000	45,000
	85,597	485,636	455,340	115,893

Employees							2021	2020
							E	E
Total gross	wages 8	employer's		national	insurance		179,935	178,834
							179,935	178,834
Staff costs above include			remuneration		paid	to key
management	personnel,		comprising the		UK	Country
Director, amounting		to:					63,732	68,611
Average number of		employees		during year
There were	one employees with emoluments					above f63,732(2020:f68,611)