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## **AID2AFRICA.CO.UK**
# **(A company limited by guarantee)**
## **Approved 2022**
**Report and Financial Statements for the Year Ended 31 March 2022**
**Charity number 1119045 Company number 6147907**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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**Contents page:**
|**Contents**|**2**|
|---|---|
|**Legal and administrative information**|**3**|
|**Report of the management group**|**4**|
|**Activities during 2021-2022**|**5**|
|**Financial Report**|**8**|
|**Statement of financial activities**|**9**|
|**Balance Sheet**|**10**|
|**Notes forming part of the financial statements**|**11 to 19**|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Aid2Africa.co.uk**
## **Report of the management group for the year ended 31[st] March 2020.**
The management group presents its report and audited financial statements for the year ended 31[st] March 2019.
## **Reference and Administrative information**
Charity Name: Aid2Africa.co.uk Charity registration number: 1119045 Company registration number 6147907 Registered Office and 12 Briars Close Operational address: Nuneaton Warwickshire CV11 6LQ Management group: Peter Wrigley Chair Edwina Wrigley Roger Dunster **Independent Examiner:** Rev JL Fryer
## **Bankers:**
NatWest Bank, Market Place, Nuneaton, Warwickshire
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Report of the management group**
## **Structure, Governance and Management**
## **Governing Document**
The organisation is a charitable company limited by guarantee, incorporated on 9 March 2007 and registered as a charity on 2 May 2007. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
The charity was registered with two trustees who were the founding members involved with registering the company and registering the charity.
## **Objects and activities**
The stated objects of the charity are laid down in the Memorandum of Association and are:
**To provide relief from poverty, sickness and distress in any part of the world and in particular the continent of Africa, and in furtherance of this object to provide relief by the provision of facilities of all kinds, support services and equipment generally calculated to reduce the need, hardship or distress of such persons, and to promote awareness of poverty in Africa and elsewhere generally.**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Activities during 2021-2022**
A number of projects and activities have been undertaken during the year.
There has been a significant expenditure on maintenance of the school buildings and site. During the year. Repainting and other work has been carried out to prevent deterioration to the buildings.
This year we saw a little profit from our sustainable project based on local agriculture. This was not due to the government price paid for the maize. The price remains at a lower level than in the past but still enough to fund the school if we were to be paid it. The government decided that they would pay for the crop harvested in October 2021 in three instalments, March, August and October 2022.with only a third of the income and the expense of land preparation and sowing the crop plus the on costs of fertilizer, weeding and other tasks between March and the August payment. This meant that no income from the maize could be used to support the running costs of the school. It also seems likely that the Kenyan Government will fail to honour the August payment which will seriously impact on the next financial year.
The Kenyan Government also charged a storage charge for the crop which further reduces the income from it. Depending on what transpires in the remaining part of 2022 the future of the sutainable farming project could be uncertain.
The school numbers remained stable to the end of the year with 200 children on roll.
The school excelled once again in regional examinations and remained in the top 10% of school in all grades examined. It was awarded prizes for it’s achievements across the age rages. A real credit to the children and their dedicated staff.
The James Murray Children’s Home continues to provide accommodation for 14 girls.
We have had generous support from many areas during the year and without this level of support the school would close. This drives our funding of the sustainable projects so at some point in the future the school will be financially independent.
We continue to provide funding for an affordable scheme to provide wider medical services for children and staff. Also we now fund an insurance policy which provide some cover for losses due to theft, fire and flood.
We have to mention the Covid 19 pandemic that has impacted on the school both in loss of income from fund raising in 2021 and increased expenses for the school in Kenya.
There are four major areas of work that the charity has undertaken.
- **The paying of fees to maintain children in education**
- **Funding educational resources.**
- **Funding building work.**
- **Sustainable funding projects**
## **School Fees.**
**Waymarks Education Centre** , Moi’s Bridge, Western Kenya
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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There were 200 children being supported by the centre. This involves food three time a day which for the vast majority is the only food they get each day. Uniforms are also provided. The fees effectively pay staff wages as well as maintaining the school buildings. We work closely with the area Education Office in the district the school is in. Their support and advice help ensure that provision for the children is in keeping with national standards and expectations.
**However:** Sustainable project income has again has been reduced keeping the profit margin from over 50% a few years ago down into the teens%. The government will pay ONLY a third of the money in December 2022 for the October 2021 harvest so we are be short of money for the school when we planted the 2022 crop in spring 2022. Working with delays and at a reduced payment per sack of maize is unhelpful not just for us and the school but for local famers in Kenya.
Plans to get the school self-sustaining have again been pushed back as a result. Some longer term economies may well be needed to safeguard the future of the school and we need to revisit other sustainable projects.
## **All Saints Church of England Primary School** , Nuneaton, UK
The school is still engaging with the charity to help with fundraising. Plans for fundraising have been delayed because of the pandemic. There is however a planned event later in 2022.
**Our policy on school fees** is to commit money which comes from regular giving to this aspect of the charity’s work. It is the intention of the charity to continue to fund children through primary schools and to continue to support them if or when they move to secondary school. Local funding has been found annually to fund a number of children into secondary school.
To this end, planning has been made to identify sustainable numbers of children with current funding levels. Again, over the year, the number of regular givers has increased slightly.
## **Educational Resources**
## **Waymarks Education Centre** , Moi’s Bridge, Western Kenya
During the year funding has again been provided to purchase books and a wide range of other educational resources.
**NB** it should be noted that a significant proportion of the money paid to schools for fees is spent on Educational Resources
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Building work**
## **Waymarks Education Centre** , Kenya
In this funding year, the only building work was maintenance work on classrooms, toilets and fencing.
## **Sustainable Funding Projects**
These are projects which with a single “kick start” funding are able to continue to run year on year and generate income for the school. Long term this is part of our exit strategy from individual projects. Currently we have invested in crops but continue to look for other projects.
There has been a change by the Kenyan Government in the amount and timing of purchasing the Maize harvest from farmers. This has had a negative impact on the income to the school. (see earlier notes in the report on WEC)
There is still a positive impact on the local community because land we are using is owned by people who are too poor to cultivate it properly. They have the skills to work the land and we have been able to help them earn a living from land that was either lying unused or being under productive because of lack of money. The wider community benefits from the financial input into the community. We see support for the work of the school from the community as they recognise that it is not just the children that are beneficiaries for the work of the charity.
## **Waymarks Education Centre** , Kenya
The growing of crops on land at the school continues. The crops are tended by the children and then put into the kitchen which enhances the children's diet. It also gives them additional life skills for the future.
## **Financial Review**
|**Financial Review**||
|---|---|
|Review of the charity’s
financial position at the end
of the period
31/3/2020|The financial position at the end of the year 2019-2020 was one where
the maximum money possible had been sent to our school in Kenya. This
was to mitigate the delay in payment by the Kenyan authorities for the
Maize harvest (October 2019) In order to get a crop planted we had to
utilise every penny available. Hence the closing balance of £1|
|Statement explaining the
policy for holding reserves
stating why they are held|We try to maintain a carry forward reserve of about £3000. Equivalent to
3 months minimum contribution to the school, this gives a cushion if we
have a drop in income from donors. This year this reserve is in the form
of unclaimed Gift Aid which will be slightly in excess of the reserve figure|
|Amount of reserves held|£1|
|Reasons for holding zero
reserves|Gift Aid claims from HMRC have not been processed for all of the income
eligible and this, when processed will yield a minimum of or reserve.|
|Details of fund materially in
deficit|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|N/A|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Financial Report**
## **Responsibilities of the Management Committee**
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Members of the Management Committee**
Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.
In accordance with company law, as the company’s directors, we certify that:
- so far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and
• as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.
## **Auditors**
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities.
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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||CharityName: Aid2Africa.co.uk|CharityName: Aid2Africa.co.uk|CharityName: Aid2Africa.co.uk|CharityName: Aid2Africa.co.uk|CharityNo|1119045||
|---|---|---|---|---|---|---|---|
|||Annual accounts for the period||||||
||Period start
date||**01/04/2021**|**To**|Period end
date|**31/03/2022**||
|||||||||
|**Section A**|**Statement of financial activities**|||||||
|**Recommended categories by**
**activity**
Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments (bank interest)
S04
Separate material item of income
S05
Other (inc. Gift Aid)
S06
**_Total_**
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
**_Total_**
S12
**Net income/(expenditure) before**
**investment gains/(losses)**
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
**Extraordinary items**
S16
**Transfers between funds**
S17
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed
assets for the charity’s own use
S18
Other gains/(losses)
S19
**_Net movement in funds_**
S20
**_Reconciliation of funds:_**
Total funds brought forward
S21
**_Total funds carried forward_**
S22|||**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowmen**
**t funds**
**£**
F03|**Total**
**funds**
**£**
F04|**Prior**
**year**
**funds**
**£**
F05|
||||19,738|
-|-|19,738|20,644|
||||594|
-|-|594|
485|
||||-|-|-|-|-|
||||0|
-||0|4|
||||-|-|-|-|0|
||||8,030|-|
-|
8,030|-|
||||28,362|
-|
-|
28,362|21,133|
|||||||||
|||||-|-||209|
||||28,058|-|-|28,058|20,315|
|||||-|-|-|-|
||||-|
-|
-|
-||
||||28,058|-|
-|
28,058|20,523|
|||||||||
||||294|-|-|294|
610|
||||-|-|-|-|-|
||||294|-|-|294|610|
||||-|-|-|-|-|
||||-|-|-|-|-|
|||||||||
||||-|-|-|-|-|
||||-|-|-|-|
-|
||||304|-|-|304|610|
|||||||||
||||32|-|-|32|1|
||||336|-|-|336|611|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note**
**15)**
**Tangible assets (Note**
**14)**
**Heritage assets (Note**
**16)**
**Investments (Note**
**17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due**
**within one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current_**
**_liabilities_**
**Creditors: amounts falling due**
**after one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on
behalf of all the trustees|Guidance Notes
**Unrestricted**
**funds**
**£**
F01
B01 -
B02 -
B03 -
B04-
B05
-
B06 -
B07 -
B08 -
B09
336
B10
336
B11
-
B12
336
B13
336
B14
-
B15
-
B16
336
B17-
B18
B19336
B20
B21
336|Guidance Notes
**Unrestricted**
**funds**
**£**
F01
B01 -
B02 -
B03 -
B04-
B05
-
B06 -
B07 -
B08 -
B09
336
B10
336
B11
-
B12
336
B13
336
B14
-
B15
-
B16
336
B17-
B18
B19336
B20
B21
336|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total**
**this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|336|611|
|||-|
-|
-|-|
611|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||336|-|
-|
336|611|
|||336|-|
-|
336|611|
||||||||
|||-|-|-|-|-|
||||||||
|||336|-|
-|
336|680|
||||||||
|||336|-|
**-**|
336|680|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||336|
-|-|336|
680|
||||||||
|||-|||-|-|
||||-|
-|-|-|
|||336|||336|661|
||||||||
|||336|-|
-|336|661|
||||||||
|||Signature||Print Name||Date of
approval
dd/mm/yyyy|
||Peter Wrigley|||Peter Wrigley||tbc|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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**Section C Notes to the accounts**
## Note 1 **Basis of preparation**
## _**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial • and with* ✓ Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and • and with* ✓ Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
## **1.2 Going concern**
## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## _**Not applicable**_
_**Not applicable**_
_**Not applicable**_
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes* ✓ * -Tick as appropriate
No*
## _**Please disclose:**_
_**(i) the nature of the change in accounting policy;**_ Not applicable _**(ii) the reasons why applying the new accounting policy**_ Not applicable _**provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in**_ Not applicable _**the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*
**_Please disclose:_**|✓|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
|||||
|**_(i) the nature of any changes;_**|||Not applicable|
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|||Not applicable|
|**_(iii) where practicable, the effect of the change in one_**
**_or more future periods._**|||Not applicable|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
No*
**_Please disclose:_**|✓|* -Tick as appropriate||
|---|---|---|---|
|||||
|||||
|**_(i) the nature of the prior period error;_**|||Not applicable|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||Not applicable|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliestpriorperiodpresented in the accounts._**|||Not applicable|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
These are included in the Statement of
Financial Activities (SoFA) when:
• the charity becomes entitled to the
resources;
· it is more likely than not that the trustees
will receive the resources; and
• the monetary value can be measured
with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and
liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP
or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA
when the general income recognition criteria are met
(5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income
must only be recognised to the extent that the charity
has provided the specified goods or services as
entitlement to the grant only occurs when the
performance related conditions are met (5.16 FRS
102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is
probable, that is, when there has been grant of
probate, the executors have established that there are
sufficient assets in the estate and any conditions
attached to the legacy are either within the control of
the charity or have been met.
**Government grants**
The charity has received government grants in the
reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is
a valid declaration from the donor. Any Gift Aid
amount recovered on a donation is considered to be
part of that gift and is treated as an addition to the
same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
**Contractual income and**
**performance related grants**
This is only included in the SoFA once the charity has
provided the related goods or services or met the
performance related conditions.
**Donated goods**
Donated goods are measured at fair value (the
amount for which the asset could be exchanged)
unless impractical to do so.
The cost of any stock of goods donated for
distribution to beneficiaries is deemed to be the fair
value of those gifts at the time of their receipt and
they are recognised on receipt. In the reporting
period in which the stocks are distributed, they are
recognised as an expense at the carrying amount of
the stocks at distribution.
Donated goods for resale are measured at fair value
on initial recognition, which is the expected proceeds
from sale less the expected costs of sale, and
recognised in 'Income from other trading activities'|Yes
No|Yes
No|N/a|
|---|---|---|---|
||✓|||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
|||✓||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
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|with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is
charged against 'Income from other trading activities'
and the proceeds from sale are also recognised as
'Income from other trading activities'.
Goods donated for on-going use by the charity are
recognised as tangible fixed assets and included in
the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the
SoFA as income from donations when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the
SOFA when received at the value of the gift to the
charity provided the value of the gift can be measured
reliably.
Donated services and facilities that are consumed
immediately are recognised as income with an
equivalent amount recognised as an expense under
the appropriate heading in the SOFA.
**Support costs**
The charity has incurred expenditure on support
costs.
**Volunteer help**
The value of any voluntary help received is not
included in the accounts but is described in the
trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is
probable and the amount receivable can be measured
reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a
gift are recognised in Donations and Legacies.
Membership subscriptions which gives a member the
right to buy services or other benefits are recognised
as income earned from the provision of goods and
services as income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when
the general income recognition criteria are met (5.10
to 5.12 FRS102 SORP) and are included as an item
of other income in the SoFA.
**Investment gains and losses**
This includes any realised or unrealised gains or
losses on the sale of investments and any gain or loss
resulting from revaluing investments to market value
at the end of the year.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than
not that there is a legal or constructive obligation
committing the charity to pay out resources and the
amount of the obligation can be measured with
reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between
governance costs and other support. Governance
costs comprise all costs involving public accountability
of the charity and its compliance with regulation and
good practice.
Support costs include central functions and have
been allocated to activity cost categories on a basis
consistent with the use of resources, eg allocating
property costs by floor areas, or per capita, staff costs
by the time spent and other costs by their usage.
**Grants with performance**
Where the charity gives a grant with conditions for its|||✓|
|---|---|---|---|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
|||✓||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
**Grants with performance**
Where the charity gives a grant with conditions for its
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 15
|**conditions**
payment being a specific level of service or output to
be provided, such grants are only recognised in the
SoFA once the recipient of the grant has provided the
specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant
that enables the donor charity to realistically avoid the
commitment, a liability for the full funding obligation
must be recognised.
**Redundancy cost**
The charity made no redundancy payments during the
reporting period.
**Deferred income**
No material item of deferred income has been
included in the accounts.
**Creditors**
The charity has creditors which are measured at
settlement amounts less any trade discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical
cost and then subsequently measured at the best
estimate of the amount required to settle the
obligation at the reporting date
**Basic financial instruments**
The charity accounts for basic financial instruments
on initial recognition as per paragraph 10.7 FRS102
SORP. Subsequent measurement is as per
paragraphs 11.17 to 11.19, FRS102 SORP.
**2.4 ASSETS**
**Tangible fixed assets for use**
**by charity**
These are capitalised if they can be used for more
than one year, and cost at least
#
They are valued at cost.
The depreciation rates and methods used are
disclosed in note 9.2.
**Intangible fixed assets**
The charity has intangible fixed assets, that is, non-
monetary assets that do not have physical substance
but are identifiable and are controlled by the charity
through custody or legal rights. The amortisation
rates and methods used are disclosed in note 9.5
They are valued at cost.
**Heritage assets**
The charity has heritage assets, that is, non-monetary
assets with historic, artistic, scientific, technological,
geophysical or environmental qualities that are held
and maintained principally for their contribution to
knowledge and culture. The depreciation rates and
methods used as disclosed in note 9.6.1.4.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded
bonds and similar investments are valued at initially at
cost and subsequently at fair value (their market
value) at the year end. The same treatment is applied
to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost
less impairment.
Investments held for resale or pending their sale and
cash and cash equivalents with a maturity date of less
than 1 year are treated as current asset investments
**Stocks and work in progress**
Stocks held for sale as part of non-charitable trade are
measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity
are measured at net realisable value based on the service
potential provided by items of stock.
Work in progress is valued at cost less any foreseeable|||✓|
|---|---|---|---|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
|||✓||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
|||✓||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
|||✓||
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||||✓|
||Yes
No||N/a|
||✓|||
||Yes
No||N/a|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 16
> loss that is likely to occur on the contract. ✓ ✓
> Debtors (including trade debtors and loans receivable) are Yes No N/a measured on initial recognition at settlement amount after **Debtors** any trade discounts or amount advanced by the charity.
> Subsequently, they are measured at the cash or other ✓ consideration expected to be received. The charity has has investments which it holds for resale
> or pending their sale and cash and cash equivalents with Yes No N/a a maturity date less than one year. These include cash on **Current asset investments** deposit and cash equivalents with a maturity date of less ✓ than one year held for investment purposes rather than to meet short term cash commitments as they fall due. Yes No N/a They are valued at fair value except where they ✓ qualify as basic financial instruments.
**Section C Notes to the accounts (cont)**
**Note 3 Analysis of income**
|**Donations and**
**legacies:**
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**|**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total**
**funds**
**£**|**Prior**
**year**
**£**|
|---|---|---|---|---|---|---|
||Donations and gifts|19,738|-|-|19,738|20,644|
||Gift Aid|8030|-|-|8030|-|
||Legacies|-|-|-|-|-|
||General grants provided by
government/other charities|-|-|-|-|-|
||Membership subscriptions and
sponsorships which are in substance
donations|-|-|-|-||
||Donated goods, facilities and services|-|-|-|-|100|
||Other|-|-|-|-||
||**Total**|27.768|-|-|27,768|20,644|
||||||||
||annual diner||-|-|||
||||-|-|||
||Christmas Fair|594|-|-|594||
||||||||
||other events||-|-||485|
||**Total**|594|-|-|594|485|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Interest income|0|-|-|0|4|
||Dividend income|-|-|-|-|-|
||Rental and leasing income|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|0|-|-|0|4|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 17
|**Separate**
**material item of**
**income:**
**Other:**
**TOTAL INCOME**||-|-|-||-||-|
|---|---|---|---|---|---|---|---|---|
|||-|-|-||-||-|
|||-|-|-||-||-|
|||-|-|-||-||-|
||**Total**|-|-|-||-||-|
||||||||||
||Conversion of endowment funds into
income|-|-|-||-||-|
||Gain on disposal of a tangible fixed asset
held for charity's own use|-|-|-||-||-|
||Gain on disposal of a programme related
investment|-|-|-||-||-|
||Royalties from the exploitation of
intellectual property rights|-|-|-||-||-|
||Other|-|-|-||-||-|
||**Total**|-|-|-||-||-|
||||||||||
|||28,362|-|-||28,362||21,133|
**Other information:**
**All income in the prior year was unrestricted except for: (please provide description and amounts)**
**Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
|**Expenditure**
**on raising**
**funds:**|**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total**
**funds**
**£**|**Prior**
**year**
**£**
159
-
50|
|---|---|---|---|---|---|---|
||Incurred seeking
donations||-|-|||
||Incurred seeking
legacies|-|-|-|-||
||Incurred seeking grants|-|||-||
||Operating membership
schemes and social
lotteries|-|||-||
||Staging fundraising
events cost of meal||||||
||Fundraising
agents|-|||-||
||Operating charity
shops|-|||-||
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 18
|Operating a trading
company undertaking
non-charitable trading
activity
Advertising, marketing,
direct mail and publicity
Start up costs incurred in
generating new source
of future income
Database development
costs
Other trading activities
Investment management
costs:
Portfolio management
costs
Cost of obtaining
investment advice
Investment
administration costs
Intellectual property
licencing costs
Rent collection, property
repairs and maintenance
charges
Governance costs (Co
House)
**Total expenditure on**
**raising funds**
**Expenditure**
**on**
**charitable**
**activities**
professional catering
cost Annual Dinner
purchase of materials
and equipment to
produce items for which
donations are made
Funding Kenyan school
**Total expenditure on**
**charitable activities**
**Separate**
**material item**
**of expense**
**Total**
**Other**
**Total other expenditure**
**TOTAL EXPENDITURE**|Operating a trading
company undertaking
non-charitable trading
activity|-|||-||
|---|---|---|---|---|---|---|
||Advertising, marketing,
direct mail and publicity|-|-|-|-|-|
||Start up costs incurred in
generating new source
of future income|-|-|-|-|-|
||Database development
costs|-|-|-|-|-|
||Other trading activities|-|||||
||Investment management
costs:|-|-|-|-||
||Portfolio management
costs|-|-|-|-|-|
||Cost of obtaining
investment advice|-|-|-|-|-|
||Investment
administration costs|-|-|-|-|-|
||Intellectual property
licencing costs|-|-|-|-|-|
||Rent collection, property
repairs and maintenance
charges|-|-|-|-|-|
||Governance costs (Co
House)|-|-|-|-||
||**Total expenditure on**
**raising funds**||-|-||209|
||||||||
||professional catering
cost Annual Dinner|-|-|-|-||
||purchase of materials
and equipment to
produce items for which
donations are made|-|-|-|-||
||Funding Kenyan school|28,058|-|-|28,058|20,162|
|||-|-|-|-|-|
||**Total expenditure on**
**charitable activities**|28,058|-|
-|28,058|20,315|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total other expenditure**|-|-|-|-|-|
||||||||
|||28,058|-|-|28,058|20,523|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 19
## **Other information:**
## **Analysis of expenditure on charitable activities**
|**Activity or**
**programme**|**Activities undertaken directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total**
**this year**|**_Total_**
**_prior_**
**_year_**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|Activity 1
Activity 2|Funding our School in Kenya.||28,058|28,058|20,315|
|||||||
|Other|Fundraising events||||209|
|**Total**||||28,058|20.523|
**Prior year expenditure on charitable activities can be analysed as follows:**
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 8
## **Financial Report**
## **Responsibilities of the Management Committee**
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Members of the Management Committee**
Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.
In accordance with company law, as the company’s directors, we certify that:
- so far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and
• as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.
## **Auditors**
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities.
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 9
**----- Start of picture text -----**
Charity Name: Aid2Africa.co.uk Charity No 1119045
Annual accounts for the period
Period start Period end
To
date 01/04/2021 date 31/03/2022
Section A Statement of financial activities
Restricted Prior
Recommended categories by Unrestricted income Endowmen Total year
activity funds funds t funds funds funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 19,738 - - 19,738 20,644
Charitable activities S02 594 - - 594 485
Other trading activities S03 - - - - -
Investments (bank interest) S04 0 - 0 4
Separate material item of income S05 - - - - 0
Other (inc. Gift Aid) S06 8,030 - - 8,030 -
Total S07 28,362 - - 28,362 21,133
Resources expended (Note 6)
Expenditure on:
Raising funds S08 - - 209
Charitable activities
S09 28,058 - - 28,058 20,315
Separate material item of expense S10 - - - -
Other S11 - - - -
Total S12 28,058 - - 28,058 20,523
Net income/(expenditure) before
investment gains/(losses) S13 294 - - 294 610
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 294 - - 294 610
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed
assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 304 - - 304 610
Reconciliation of funds:
Total funds brought forward S21 32 - - 32 1
Total funds carried forward S22 336 - - 336 611
Notes
**----- End of picture text -----**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 10
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note**
**15)**
**Tangible assets (Note**
**14)**
**Heritage assets (Note**
**16)**
**Investments (Note**
**17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due**
**within one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current_**
**_liabilities_**
**Creditors: amounts falling due**
**after one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on
behalf of all the trustees|Guidance Notes
**Unrestricted**
**funds**
**£**
F01
B01
-
B02
-
B03
-
B04
-
B05
-
B06
-
B07
-
B08
-
B09
336
B10
336
B11
-
B12
336
B13
336
B14
-
B15
-
B16
336
B17
-
B18
B19
336
B20
B21
336|Guidance Notes
**Unrestricted**
**funds**
**£**
F01
B01
-
B02
-
B03
-
B04
-
B05
-
B06
-
B07
-
B08
-
B09
336
B10
336
B11
-
B12
336
B13
336
B14
-
B15
-
B16
336
B17
-
B18
B19
336
B20
B21
336|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total**
**this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|336|611|
|||-|-|
-|-|
611|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||336|-|
-|
336|611|
|||336|-|
-|
336|611|
||||||||
|||-|-|-|-|-|
||||||||
|||336|-|
-|
336|680|
||||||||
|||336|-|**-**|336|680|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||336|-|-|336|680|
||||||||
|||-|||-|-|
||||-|
-|-|-|
|||336|||336|661|
||||||||
|||336|-|-|336|661|
||||||||
|||Signature||Print Name||Date of
approval
dd/mm/yyyy|
||Peter Wrigley|||Peter Wrigley||tbc|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 11
**Section C Notes to the accounts**
## Note 1 **Basis of preparation**
## _**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial • and with* Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and • and with* Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
_**Not applicable**_
_**Not applicable**_
_**Not applicable**_
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes* * -Tick as appropriate No*
## _**Please disclose:**_
**----- Start of picture text -----**
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
Not applicable
provides more reliable and more relevant information; and
(iii) the amount of the adjustment for each line affected in Not applicable
the current period, each prior period presented and the
aggregate amount of the adjustment relating to periods
before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 12
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* * -Tick as appropriate No*
## _**Please disclose:**_
**----- Start of picture text -----**
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
Not applicable
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one Not applicable
or more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item Not applicable
affected; and
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
**----- End of picture text -----**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 13
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
These are included in the Statement of
Financial Activities (SoFA) when:
the charity becomes entitled to the
resources;
· it is more likely than not that the trustees
will receive the resources; and
the monetary value can be measured
with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and
liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP
or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA
when the general income recognition criteria are met
(5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income
must only be recognised to the extent that the charity
has provided the specified goods or services as
entitlement to the grant only occurs when the
performance related conditions are met (5.16 FRS
102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is
probable, that is, when there has been grant of
probate, the executors have established that there are
sufficient assets in the estate and any conditions
attached to the legacy are either within the control of
the charity or have been met.
**Government grants**
The charity has received government grants in the
reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is
a valid declaration from the donor. Any Gift Aid
amount recovered on a donation is considered to be
part of that gift and is treated as an addition to the
same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
**Contractual income and**
**performance related grants**
This is only included in the SoFA once the charity has
provided the related goods or services or met the
performance related conditions.
**Donated goods**
Donated goods are measured at fair value (the
amount for which the asset could be exchanged)
unless impractical to do so.
The cost of any stock of goods donated for
distribution to beneficiaries is deemed to be the fair
value of those gifts at the time of their receipt and
they are recognised on receipt. In the reporting
period in which the stocks are distributed, they are
recognised as an expense at the carrying amount of
the stocks at distribution.
Donated goods for resale are measured at fair value
on initial recognition, which is the expected proceeds
from sale less the expected costs of sale, and
recognised in 'Income from other trading activities'|Yes
No
N/a|
|---|---|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 14
|with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is
charged against 'Income from other trading activities'
and the proceeds from sale are also recognised as
'Income from other trading activities'.
Goods donated for on-going use by the charity are
recognised as tangible fixed assets and included in
the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the
SoFA as income from donations when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the
SOFA when received at the value of the gift to the
charity provided the value of the gift can be measured
reliably.
Donated services and facilities that are consumed
immediately are recognised as income with an
equivalent amount recognised as an expense under
the appropriate heading in the SOFA.
**Support costs**
The charity has incurred expenditure on support
costs.
**Volunteer help**
The value of any voluntary help received is not
included in the accounts but is described in the
trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is
probable and the amount receivable can be measured
reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a
gift are recognised in Donations and Legacies.
Membership subscriptions which gives a member the
right to buy services or other benefits are recognised
as income earned from the provision of goods and
services as income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when
the general income recognition criteria are met (5.10
to 5.12 FRS102 SORP) and are included as an item
of other income in the SoFA.
**Investment gains and losses**
This includes any realised or unrealised gains or
losses on the sale of investments and any gain or loss
resulting from revaluing investments to market value
at the end of the year.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than
not that there is a legal or constructive obligation
committing the charity to pay out resources and the
amount of the obligation can be measured with
reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between
governance costs and other support. Governance
costs comprise all costs involving public accountability
of the charity and its compliance with regulation and
good practice.
Support costs include central functions and have
been allocated to activity cost categories on a basis
consistent with the use of resources, eg allocating
property costs by floor areas, or per capita, staff costs
by the time spent and other costs by their usage.
**Grants with performance**
Where the charity gives a grant with conditions for its|
|
|---|---|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
|||
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
Support costs have been allocated between **Governance and support** governance costs and other support. Governance costs comprise all costs involving public accountability **costs** of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. **Grants with performance** Where the charity gives a grant with conditions for its
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 15
|**conditions**
payment being a specific level of service or output to
be provided, such grants are only recognised in the
SoFA once the recipient of the grant has provided the
specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant
that enables the donor charity to realistically avoid the
commitment, a liability for the full funding obligation
must be recognised.
**Redundancy cost**
The charity made no redundancy payments during the
reporting period.
**Deferred income**
No material item of deferred income has been
included in the accounts.
**Creditors**
The charity has creditors which are measured at
settlement amounts less any trade discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical
cost and then subsequently measured at the best
estimate of the amount required to settle the
obligation at the reporting date
**Basic financial instruments**
The charity accounts for basic financial instruments
on initial recognition as per paragraph 10.7 FRS102
SORP. Subsequent measurement is as per
paragraphs 11.17 to 11.19, FRS102 SORP.
**2.4 ASSETS**
**Tangible fixed assets for use**
**by charity**
These are capitalised if they can be used for more
than one year, and cost at least
#
They are valued at cost.
The depreciation rates and methods used are
disclosed in note 9.2.
**Intangible fixed assets**
The charity has intangible fixed assets, that is, non-
monetary assets that do not have physical substance
but are identifiable and are controlled by the charity
through custody or legal rights. The amortisation
rates and methods used are disclosed in note 9.5
They are valued at cost.
**Heritage assets**
The charity has heritage assets, that is, non-monetary
assets with historic, artistic, scientific, technological,
geophysical or environmental qualities that are held
and maintained principally for their contribution to
knowledge and culture. The depreciation rates and
methods used as disclosed in note 9.6.1.4.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded
bonds and similar investments are valued at initially at
cost and subsequently at fair value (their market
value) at the year end. The same treatment is applied
to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost
less impairment.
Investments held for resale or pending their sale and
cash and cash equivalents with a maturity date of less
than 1 year are treated as current asset investments
**Stocks and work in progress**
Stocks held for sale as part of non-charitable trade are
measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity
are measured at net realisable value based on the service
potential provided by items of stock.
Work in progress is valued at cost less any foreseeable|
|
|---|---|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 16
loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after **Debtors** any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on **Current asset investments** deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.
Yes No N/a Yes No N/a Yes No N/a
**Section C Notes to the accounts (cont)**
**Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment Total Prior
funds funds funds funds year
Analysis £ £
Donations and Donations and gifts 19,738 - - 19,738 20,644
legacies: Gift Aid 8030 - - 8030 -
Legacies - - - - -
General grants provided by
government/other charities - - - - -
Membership subscriptions and
sponsorships which are in substance
donations - - - -
Donated goods, facilities and services - - - - 100
Other - - - -
Total 27.768 - -
27,768 20,644
Charitable annual diner
activities: - -
- -
Christmas Fair 594 - - 594
other events
- - 485
Total 594 - -
594 485
Other trading
activities:
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 0 - - 0 4
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 0 - - 0 4
**----- End of picture text -----**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 17
**----- Start of picture text -----**
Separate - - - - -
material item of income: - - - - -
- - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into
income - - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of
intellectual property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 28,362 - - 28,362 21,133
**----- End of picture text -----**
**Other information:**
**All income in the prior year was unrestricted except for: (please provide description and amounts)**
**Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
**Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
|**Expenditure**
**on raising**
**funds:**|**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total**
**funds**
**£**|**Prior**
**year**
**£**|
|---|---|---|---|---|---|---|
||Incurred seeking
donations||-|-||159|
||Incurred seeking
legacies|-|-|-|-|-|
||Incurred seeking grants|-|||-||
||Operating membership
schemes and social
lotteries|-|||-||
||Staging fundraising
events cost of meal|||||50|
||Fundraising
agents|-|||-||
||Operating charity
shops|-|||-||
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 18
**----- Start of picture text -----**
Operating a trading
company undertaking
non-charitable trading
- -
activity
Advertising, marketing,
direct mail and publicity - - - - -
Start up costs incurred in
generating new source
of future income - - - - -
Database development
costs - - - - -
Other trading activities
-
Investment management
costs: - - - -
Portfolio management
costs - - - - -
Cost of obtaining
investment advice - - - - -
Investment
administration costs - - - - -
Intellectual property
licencing costs - - - - -
Rent collection, property
repairs and maintenance
- - - - -
charges
Governance costs (Co
- - - -
House)
Total expenditure on
raising funds - - 209
Expenditure professional catering
on cost Annual Dinner - - - -
charitable purchase of materials
activities and equipment to
produce items for which
donations are made - - - -
Funding Kenyan school
- -
28,058 28,058 20,162
- - - - -
Total expenditure on
charitable activities 28,058 - -
28,058 20,315
Separate material item - - - - -
of expense - - - - -
- - - - -
- - - - -
Total - - - - -
Other
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total other expenditure
TOTAL EXPENDITURE 28,058 - - 28,058 20,523
**----- End of picture text -----**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
Page 19
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Grant Total
Activity or Support Total
Activities undertaken directly funding of prior
programme Costs this year
activities year
£ £ £ £ £
Activity 1 Funding our School in Kenya. 28,058 28,058 20,315
Activity 2
Other Fund raising events 209
Total 28,058 20.523
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:**
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
Aid2Africa.co.uk registered charity 1119045 Company limited by guarantee 6147907 Annual Reports 2021-2022
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examinevs Report
Rèport to the
trustees of
AID2AFRICA.CO.UK
On accounts for
the year onded
31ST MARCH 2022
Charity no
{if any)
01119045
Set out on pages
9t013
I report to the trustees on my examination of the accounts of the above charity ('Ihe
Trusf) for the year ended 3110312022.
Responsibllities
and basis of
report
As the charitys trustees, you are responsible for the preparation of the accounts in
accordance wtlh the requirements of the Charities Act 2011 (Ihe Acn.
I report in respect of my examination of the Trust's accounts carried OLrt under section
145 of the 2011 Act and in carrying out my examination, I have followed all the
applicable Directions given by the Chanty Commission under Section 145(5){b) of the
Act.
Independent I have completed my examination. I confim that no material matters have come to
examiner's my attention in connection wtth the examination (other than that disclosed below.)
statsment which gives me cause to believe that in, any material respect..
the accounting records Vre not kept in accordance wtth section 130 of the
Charities Act.. or did not accord with the accounting records: or did not comply
wrth the applicable requirements conceming the fomi and content of accounts
set OLrt in the Charities (Accounts and Reports) Regulations 2008 other than
any requirement that the accounts give a Yrue and fairf view which is not
matter considered as part of an independent examination.
I have no con¢ems and have come across no other matters in connection with the
examination to which attention should be dravm in this report in order to enable a
proper understanding of the accounts to be reached.
Pleas& delete the words in the brackets rfthey do not apply.
Signed:
Date:
0210112023
Name:
Rev. J. L. Fryer
Rolevant
professlonal
quallficationls) or
body (If any):
Address:
7, Croft Close. Wolvey.
Hinckley,
Leics. LE10 3LE
IER
Oct 2022
Section 8
Disclosure
Only complete rf the examiner needs to highlight material matters of concern
(see CC32, Independent examination of tharty accounts: diredions and
guidance for examiners).
Give hère brief details of
any Items that the examiner
wlshes to disclose.
None.
IER
Oct 2022