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|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|
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|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||||
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|~|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.|
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||||||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|
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|||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|
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|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|
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||||~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||
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|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|
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|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)|||
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