##
##
|Contents:|Page:|
|---|---|
|Legal and AdministrativeInformation|1|
|ReportoftheTrustees|2|
|StatementofTrustees Responsibilities|11|
|IndependentAuditors’ Report|12|
|StatementofFinancial Activities|16|
|BalanceSheet|17|
|Cash FlowStatement|18|
|Notestothefinancialstatements|19|
|CharityName:|AceAfrica (UK)|
|---|---|
|CharityNo:|1111283|
|company No:|4726183|
||Thecharitablecompany isgoverned by itsArticlesofAssociation|
|Registered Office:|c/o Lockton Companies LCP, The StBotolph Building 138Houndsditch|
||London EC3A 7AG|
|Operational Address:|c/o Lockton Companies LLP, The St Botoiph Building 138Houndsditch|
||London EC3A 7AG|
|Trustees:|Fiona Hammond, Chair|
||Anne-GabrielleStarkloff|
||David Montgomery|
||KennedyWanyonyi|
||Delia KarenAppelt(Appointed 28.07.2022)|
||Simon Butt(Appointed 28.07.2022)|
||Rachel McCastman (Honorary Secretary resigned 05.09.2022)|
||FionaMurray (HonoraryTreasurer resigned 05.09.2022)|
|Staff:|David Evans, UKCountry Director|
||Oliviajarman, Eventsand Fundraising Manager|
||AjayVasa, Finance Manager|
|Auditors:|Critchleys Audit LLP, BeaverHouse, 23-38 Hythe Bridge Street,|
||Oxford OX] 2EP|
|Bankers:|CAF Bank Ltd, 25 Kings HillAvenue, Kings Hill, West MaIling, Kent, ME]9|
||4J0. Barcays Bank PLC, Leicester, LE827|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
28/06/2023
##
##
##
##
##
##
##
##
##
##
30/6/2023
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2022|2022|2022|2021|
||Notes|£|£|£|£|
|Incomeand endowmentsfrom:||||||
|Donations and legacies|2|182,596|354,599|537,195|671,004|
|charitable activities
-events||15,085|-|15,085|16,000|
|Other -gifts in kind||50,000|-|50,000|50,000|
|Total income and endowments||247,681|354,599|602,280|737,004|
|Expenditure on:||||||
|Charitableactivities||||||
|Support ofAceAfrica programmes|3|28,588|381,992|410,580|505,644|
|Governance Costs|3|6,428||6,428|5,764|
|Raising funds||||||
|Fundraising and GrantApplication||||||
|Costs|3|161,596|-|161,596|161,718|
|Other|3|50,000||50,000|50,000|
|Totalexpenditure||246,612|381,992|628,604|723,126|
|Netincome/fexpenditure)||1,069|(27,393)|(26,324)|13,878|
|Reconciliation offunds||||||
|Total funds broughtforward||10,178|115,893|126,071|112,193|
|Totalfundscarriedforward|7|11,247|88,500|99,747|126,071|
||||2022||2021|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|currentAssets||||||
|Debtors|5|14,519||60,148||
|Cash at Bank and in Hand||91448||77,983||
|||105,967||138,131||
|creditors: AmountslIing due within one||||||
|year|6|(6,220)||(12,060)||
|Net CurrentAssets|||99,747||126,071|
|NetAssets|||99,747||126071|
|Unrestricted Funds||||||
|General Funds|||11,247||10,178|
|Restricted Funds|7||88,500||115,893|
|Total Funds|10||99,747||126,071|
||2022|2021|
|---|---|---|
||Total funds|Total funds|
||£|£|
|Cash flows fromoperating activities:|||
|Netcash provided (used in)operating activities(reconciliation below)|13,466|(37,586)|
|Change in cash and cash equivalents in the reporting period|13,466|(37,586)|
|Cash and cash equivalentsatthe beginning ofthe reporting period|77,983|115569|
|Cash and cash equivalents attheend ofthe reporting period|91,449|77,983|
|Net income/(expenditure)for the reporting period (as perthe statementof|||
|---|---|---|
|financial activities)|(26,324)|13,878|
|Adjustments for:|||
|(lncrease)/decrease indebtors|45,629|(53,053)|
|Increase/fdecrease) in creditors|(5,839)|1,589|
|Netcash provided by(used in)operating activities|13,466|(37,586)|
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||||2022|2021|
|2|Donationsand leqacies|£|£|£|£|
||Restricted Donations|.|354,599|354599|447,591|
||General Donations|182,596|.|182,596|298,143|
|||182,596|354,599|537,195|745,734|
||Other|||||
||In kind
-useofofficespace|50,000||50,000|50,000|
|3
Expenditure|3
Expenditure|3
Expenditure|3
Expenditure|3
Expenditure|Costs of
.
charitable
.
.
activity|Costs of
.
charitable
.
.
activity|Fundraising
and grant
.
.
applications|Fundraising
and grant
.
.
applications|Governance
costs|In kind
expenses|Total
2022|Total
2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||f||c|c|c|-|£|
|SupportofAceAfrica|||||||||||||
|Programmes|||||||||||||
|AceAfrica (Kenya)||Unrestricted|||||||||||
|Grants||||||||||||10,548|
|AceAfrica (Tanzania)||||Unrestricted|||||||||
|Grants|||||4,088|||-|-|-|4,088|9,756|
|Programme costs|paid|||in UK—|||||||||
|U nrestricted|||||24,500|||-|-|-|24,500|30,000|
||||||28,588||||||28,588|50,304|
|AceAfrica (Kenya)|-|Restricted|||||||||||
|Grants|||||107,971|||-|-|-|107,971|108,250|
|AceAfrica (Tanzania)|||-|Restricted|||||||||
|Grants|||||274,021|||-|-|-|274,021|347,090|
||||||381,992|||-|-|-|381,992|455,340|
|CostofGenerating|||Funds||||||||||
|Staftcosts-general||fundraising|||||147,505||-|-|147,505|179,935|
|Bankcharges||||||-||1,167|-|-|1,167|547|
|Postage||||||-||204|||204|875|
|Stationery||||||-||284|-|-|284|1,000|
|Telephone||||||-||130|-|-|130|173|
|Travel||||||-||1,875|-|-|1,875|396|
|MediaCosts||||||-||1,277|-|-|1,277|10,452|
|Training &development||||||-||-|-|-|-|1,598|
|Directfundraising|costs|||||||4,756|||4,756|3,317|
|Miscellaneous costs||||||-||1,500|-|-|1,500|1,952|
|Professional services|||||||23,750||||23,750|-|
|IT&website costs||||||||658|||658|199|
|Rent||||||-||-|-|50,000|50,000|50,000|
|Support costsallocated to|||||||||||||
|restrictedgrants||||||-|121,509)||-|-|)21 509)|(38,726)|
|InsuranceCosts||||||-||-|1,572|-|1,572|1,624|
|Audit Fee||||||||•|4,856|-|4,856|4,140|
|TOTAL|||||410,580||161,596||6,428|50,000|628,604|723,126|
##
|5
Debtors|||2022|2021|
|---|---|---|---|---|
||||£|£|
|Otherdebtors|||-|58,229|
|Prepaid grantsto Kenya/Tanzania|||||
|Prepayments|||1,494|1,572|
|Accrued income-GiftAid|||5,375|347|
|Accrued income-Other|||7,650|-|
||||14,519|60,148|
||||2022|2021|
|6
Creditors|||£|£|
|Accruals|||4,500|5,897|
|Creditorswithinoneyear|||-|-|
|Othercreditors|||1,720|6,163|
||||6,220|12,060|
|1.
Movernonl in Restrictec] I unds|||||
||Forward|Income|Expenditure|Carried Forward|
|Fund Details|OltQi/2022|||jJ12/2022|
||£|£|£|£|
|Ace Future Stars, Child Development,|||||
|Arusha, Tanzania|2,378|47,274|49,599|53|
|EmergencyFund,Kenya&Tanzania|1,327|1,816|-|3,143|
|Got MatarCommunity Development,|||||
|Kenya|3,450|11460|16,062|4,848|
|Community Development,Arusha &|||||
|Moshi, Tanzania|3,750|45,000|45,000|3,750|
|Rosie Dwyer Fund, Bungoma, Kenya|2,557||250|2,307|
|Agriculture &food security, Kenya|-|7,681|7,681|-|
|Nutrition Supplements &Training,
Tanzania|2,000|2,000|4,000|-|
|Youth &Community IncomeGeneration
& Business DevelopmentTanzania|-|82,569|82,569|-|
|Water, sanitation & hygiene, Kenya||2,500|2,500||
|Expanding access to child protection,
Kenya|24,428|39,023|27,975|35,476|
|Strengthening HIV health services
Arusha, Tanzania|-|57,853|57,853|-|
|Increasingyouthaccess to sexual health,
Kenya|10,000|10,000|10,000|10,000|
|Safewaterinschool, Kenya||-|5,000|-|5,000|
|---|---|---|---|---|---|
|Improving Livelihoods forwomen
Kenya|-|21003|-|21003|-|
|Child Development, Kenya &Tanzania||45,000|-|45,000|-|
|Dental Hygiene, Tanzania||-|25,000|12,500|12,500|
|Child to Child Clubs, Kenya &Tanzania||-|11,423|-|11423|
|||115,893|354,599|381,992|88,500|
##
|9|Net income/ expenditurefortheyear||2022|2021|
|---|---|---|---|---|
||||£|£|
||This is stated aftercharging||||
||Auditor’s remuneration-currentyear||4,500|4,000|
||Over provision for previousyear||356|140|
||||4856|4,140|
|10|Analysis of netassets between funds||||
||Fund balancesat 31 December2022|Unrestricted|Restricted|Totals|
||arerepresented by:|£|£|£|
||Netcurrentassets! (liabilities)|11,247|88,500|99,747|
|11|Employees||2022|2021|
||||£||
||Total grosswages & employer’s national insurance||147,505|179,935|
||147,505|179,935|
|---|---|---|
|Staffcostsaboveinclude remuneration paid to key|||
|management personnel, comprising the UKCountry|||
|Director, amounting to:|61,108|63,732|
|Average numberofemployees during year|3|4|
|There wasoneemployeewith emolumentsabove £60,000|||
##
Ace Africa
De'ieloping Corrimunities