REGISTERED CHAIUTY NUMBER: 1153361 REGISTERED COMPANY NUMBER: CE1100055 Report of tbe TTUSttts and Unaudlted FlllaD¢ial Statements for the Year Ended JI October 202D for Afrlean Adventures FoundatloD AFRICAN ADVENTURES FOUNDATION aaf.african-adventures.co.uk Bu¢ler & Co Audit Lxmitsd Chartered AOW1&ts & Registered Auditors Bennett House The Dean Alresford Hampshire S024 9BH
Afrl¢•o Adventsrnl FthindAtlon Coxtertts of the FIDIIDrlal StstemeAts forthe Yr Ended 31 Oetober 2020 Report of the Trusteej Intlxdlng Dlr•dor8 Report 2to5 IDdepend¢nt Ex4mlD's Report StatsmeDtof FID8lltlAI Statements Bal•tt¢e She to tbe Fitiallelal Statements 9t014
Afrl¢an Adventuru FouDd&tlon Report of the Tru6tee$ IneludlD8 Dlre¢tors Report for the Year Ended 31 Ottobtr2020 The trn$ttt8 pK%ent their rewt with the financial stat¢mcnts of Ihc Charity for the ye4w eJ]dd 31 (ktober 2020. The tjustees have adopted the prowsions of AeLounting and RLyoTting by Clwitics= Statement of R<OTnMend Practiee wlicAbl¢ to charities PT¢paring Ihcir accounts in accordance with the Financiaj Reporting Standard appli¢ible in the UK and Republi¢ of Ireland {FRSI02) {effeetive l Jattuary 20151. OBJECTIVVS AND ACTIVITIES Objttttves and •lms Our charitabl¢ obJtIv¢S.' The relief of people in Africa who ar¢ in by rea80n of povety. fjnancial h8rdBhip, youth, ill-hcalth. disability or other disadvlntagc. The lvwJ¢¢m¢tLt of &]UCln of pw)le in Afriow. Such Oth pury)ose% &$ aff ¢x¢Jusivdy charitable in acconknce with the laws of England and Wale8 &8 the tsustces rnay from time to timc dccid& Slgnltlcallt attlvltles There is no dying Ih¥t the past 18 months has been a ¢ou¥h pwiod forb(th African AdVenr¢S sttd Th¢ Foundation, and theimpM¢t ourpartnu schools has be considtrable. We have workd hgrd lo adapt to thcsituation and foeusi)n long¢r-tll aims for the Foundotion, whijsttying to ensure o)niinuation of fid¥ p]vvision for OUT partnerschools. Over the fir51 few months of th¢ pand¢mi¢, w¢ b¢came something of a food relief a8cncy, Providing anLYgcncy support io our partncrschools in Afiica. We achiev¢d thi5 through tar8eled anail campaign& Fouttdutiorj supporters rva]ly re8pond¢d toth¢ call to action. For many of the childrth we support, thc food they Tettivc at school may be the only t1 they cat that day. Widespread sch1] and Imjsiness clO¥U ITJ ourhost destinations- de8ign¢d to ¢urb th¢ sprtsd of CoronaviNs- created tnuch food in8wurity atKi onomic uneertginty. As a Tesult, in April 2020 we launchd our'Fund a Fi)od Parc¢l' (wpaign which aimed to rnise th¢fvnds to ¢tLabltour paer s¢hools to contsnue running their flinB pmgrnmm¢5 for the duration of the sch[ ¢losur¢5. B¢twn April and June 2020, African Adventures Foundation raised £10,268 for ourpartna schools. enablinB thon to pr¢)videfood cUrity for familics in their l(nl communitie8 whth thcy ntcded it most. In Nov¢mhw 2020. wc launchd our Rnnual Christrnas Meal Appeal fundraisin8 L'ampaign. which raised further funds fvrth¢ %8¢ntial feeding programmcs. ThrouBh this &llnpaign, the Foundation raised £4.716. Ift ja[ry 2021, after llinc months of ¢losure$, Sch13 in our host destinations h¢gan to Teopcn. As volunteus were still unable lo travel, our partn¢r schools were in desperate need of additiVll81 t)ding in ordcrto with th¢ costs of reopening. For thi8 re8sott. we IAutt¢hed additional fundrai81n8 campai8n to SUPPDrt with these costs, which raised a furthu£2,50Q. Thgnks 10 the g¢nwosity of our supporters. betw April 2020 and April 2021, African Advcntures Found&tion furtded 211,(M)O meals for the ¢hildrcn at ()urpartnerschix>ls.
Afrill Adventure5 Foundatlon R¢por¢ of th¢ Trustees Ineludlng Dlre¢tors R¢port for the Year Ended 31 October 2020 Another key ruS of OUT WL)rk over the PASt 18 munihs h8s ken helping ensure that our partner s¢hool$ were able to rg)Fcn safely to thcir.%tudcnis. As such, African Advcntures Foundation provided funding for key equiptncnl to promote go hygi¢ xctiLets. Our partn¢T schools in Kenya relVed fvnding for wat¢r t8nks with taps for halld wa8hing. as wcll as hartd sÈnitis¢r, fa¢¢ ma5k5 and Ihennometers. To mitlgale Ihe ¢¢onuThic iTnpacl of the pandemic, we also Provid funding to help cover Athnittistraiive wsts su¢h os thCrs, 5&1ari£s, utility bills. textl)otskE, ¢xaTn and cxer¢i%e books. In Ghana, each of the 10 sclMx>ls w¢ support received a Veronica bucket in April 2021, fvd by African Adventu% Foundauon. These simple but effective hand washing staiions con%i8t of a watcr tank with a lap installd and a l)Bsin undernth. so that stdtl'and students ca wash ih¢ir hallds in clc4rn ru]ming water. Id&Llly. e4th sch1 needs iwo or Ihrcc Vcroni¢a buckets to CAter for the numb¢r of 5tsJdenl% who attend. and funding Ihcse will be one of Qui Lur¢ aims OV the next few months. A5 a re5uli Of grant &pplication4 African Adventures Fourtd&iion ha& bEeJ] awJrd¢d funding for a new Water and Saniwton Hygicnc (W ASHI and Mtnstrual H1th Manag(%ncni {MHM} programm¢ whs¢h will benefii 8,253 girls Bnd 7.798 boys who aiiend our p¥nner schools in Zatlbr. Throu¥h a cornbinaiion of e41ucaiional workshops artd ¢onstrU¢t1< of b¢tr¢r 5aniiation f4cilili¢4 Ihc progrdmme will cnablc thc studEllt5 to reach their full potential by ensuring that all childrert f&1 sttfE and able to 8tl¢nd schwl. This programtnc is vitally important bciu$o ttly, all thTCC of OUT parmer schi)ols in Zanzibar have itbadequate sanitation fAcilili¢s. At Fuoni School, Ihere dre jusi four lathn¢ tvil(s for 3,727 children, wilh no toila paper or hand-washiog fLtItIes. SiTnilarly¥ at Kijito Upclc School. thert are just thrce latrines for 6,212 children: Al Kinutsi Sch£x)1, 6.102 ¥hildrcn share just four latrine toilets. At a]1 thT¢¢ ¥ch(x)14 the water supply is dependent ort rainfall. This lll¢k (rf#d¢quat¢ facilitics. combincd with poor undersrandin8 of hy8iene and m¢rb5truBI h¢<h. has Tesulled in reduced attendance amort8sI boys and girls. Our WASII & MHM pn)¥rdTntne will improve undcrstsnding of good hygiene #imonxsi Students thrLw¥h Ih¢d¢liv¢ry of hygielle ¢ducation wa.hOp$ ai our partner schools. Thc Foundation will also fund ihe con8itw¢tiort of n¢w lathn&% and handwashing fÉtcilitiex, the installation of Clean pip&l wat¢r. This will enable th¢ sNd¢Jiis to pul their irnproV und¢rstanding of good hygien¢ into practic With voluntccr groups unable to trRv¢l to our partner ¥LhIls. key construction prujeLts' hav¢had lobe put on hold, due 10 a lack of financial and humanitarian support. That said. 8 small Iount of con8truciion WO has takcn place over the past 18 months, laTgely thanks lo the support of rnajor donor¥ who have kindly providd funding via African Adventures Foundation. At two of our pattrer schools in Zan7ibar. pwmctcr walls hav¢ bcen built 10 itThprove security Bnd keep the childw safe throughoui the school day. The funding fur thts¢ proj¢¢ts was PTovidd by Iwo UK schwls who knvc prcviou%ly trav¢llcd with Africa AdV¢nr¢s. Thanks 10 a gcnerous donation froin a previous volunteer. one of ourpdrtner Sch13 in Kenyd has also been able to locate to a new, thrL'LLacrc plot of land. and fullding has been provided for thc con8truction of thr¢¢ pcThnanent, brick-built classrooms. Thc new land also hHs a water sourffj 50 a borehole has been dug to provid¢ ft<bh war lor th¢ Xhwl. So far, two classrooms have bc( ctsmpl¢td, and work begun on the school's ncw loilet5. Finally. another of OUT partner Sch118 in Kenya T¢]ated 10 a new site in 2020. and. thank5 to funding provided by Afric8n Adv¢nnJr<* Foundation, th¢ school now has thrc¢ penn9rt1, IMi¢k-built claSSr[ns. African Adv¢9 Foundatiim has providLxI vital supp¢)rt through an unprecedented and very difficult pLYivd vf titn¢. We aT¢ looking forward 10 Colliinuing. and increasing. this sUprt over the coming ycar, lo help our partner s¢hools through th¢iT wv¢ry and into iheir tuture developmenL
Afrfcan Adventures Foundatlon Report of the TTU5tee5 In¢Judlo8 DIrttton Report for the Y Ended 31 O¢tobeT 2020 FUTURE EVENrs The dJ8rity ran its w¢¢ful Christma5 Meal Appeal in late 2020 ts1 help continue its successfvl food $UTity programm which is ¢stiTnated to have rai8ed almost £18,{ and fvnded 175.0(M) Tne&15. A new'zero Hung¢rThis Sutnm¢r' fundraising C8mpaigTh will lauThch in June, aimin8 to raise ajough mon¢y to ¢ngure all pther schools in Keny4 son)¢ in Glwn4 can ddiv¢rtheir feeding prOgrmeS ovw the months. FINANCIAL REVIEW Reserves lIcY It is th¢ intcntion of the thIeeS to m8inthin Pl level of to Sufficit]Y d[ th an ordttly wind up of the chariWs affaiT5 should it cease 10 fjJnc¢iotJ. GoltL8 wncern Th¢ going concern basis of accoutLtin8 h&5 applied, this is considered to be appropriate by the tryst4 as thcre are no Inat]31 un¢¢rtainties rclated to evJts or ¢ondition$ that Tnay cast 8ignifLcant doubt alM)ut the ability of th¢ cotnpaThy to continucas a Boing concern. Inve¥tmeDt poll Th¢¢harity hasno long-temi investments. OurresffV¢S art hcld in instant acctss accounts and donot currcntcarn any interest. The trustee5 monitor and review th¢pD$ilion on a regularba8i5 and will eonsider if Lhwjgw gr¢ gppfopriate to this approach. STRUCTURL GOVERNANCE AND MANAGEMENT Covernlng do¢llmeJ)t The charity is controlled by its gov¢ming dwument last updatsl Febwary 2017. a of trnst ar coJJstitutes a (Jjarlbl¢ Inc0T)rated Or8anis&tion. J t•,TsStsPI. UJ? *l Kiii
Afri¢8n Adventurtt Foond¥twJn Report of tht Trustees In¢ludlng Dire¢tors iieport lor the Y¢•r Ended 31 October 2020 Organisath)ng1 strurtur¢ African Advcniures Foundation Is managed fully by th¢ ¢h8rity'S meet T¢gularly to track the progress of the charity and do soon avoluntary Fffjsi5. All adminislraiion costs IstsiTlim¢. fundrdising efforts and gt incurred by lh¢ Charity are covcrLd by Afticart Adw¢ntur¢s L¢d. enabling IOOYO of all corc thn&iions thtstihc tharity rec¢ive5 to bc uscd for meetsng its charitable objertiv¢s. The board continued 115 PDlicyufusing any GiftAid r¢¥laim¢d io fund protnotional initiatives de5ign¢d to incre8sc unrestrided income it rccctvcs. Thc d2y-to.day running of the foundation has beets manag¢d bynomin81&J mombéfs of sthff at Afrilan Adv¢Dwr¢s Ltd. Grants arc approvLd by th¢ trustee4 and thc nominatrd persons itt Africa respon.%iblc tor distributing and manaEing granLs arc Aex Maina mur0 (Kenyal, SNa Vordz(Kgb8 IGhanal and Samson Zuben {Zanbar). Risk manaRement The trUCeS have a duly lo identify aiid review the risks which the chajity is exp)sed and to appr0kWia controls are in placc ts) pravid¢ reasonable Urallct against fraud and error. Publi¢ Benefit Thr iwustCE5 have a duly to 'hav¢ regard. th¢ Charity wmmission's publi¢ IKn¥fJl guidanc¢ when exercising any wwers or dutl¢S lo which the guidancc is relevanL Otsr aitn5 dctail how we aim to hclp undcr rcsoutccd cotntnunities within Africa rhrough SUPTK)tL and cduration which aims to build self-dep¢nden¢y w]d¢nwurage5 thisyia education which is slx)wn ¢0 hav¢ a l(M)g la)ng bencficial impact ov¢rthAn Simply providiag lood and fundin8. REFERENCE AND ADMINISTRATIVE DETAILS WeIle address- 41f.*frlc4DaadYentures.co.uk Registered Cornpany number CE000055 (England and Wales) Regi51erd Charity number Registered offit lJnit 4. Crcscent Ilousc Yong¢ Clns¢ F.asileigh Hamp5hirc S050 9SX Board of Trw¢¢¢5 L) Mew Altx Maina Muhoro S V0rd7[8be Ms C Nolai Ms R Norihover Independehi Exlffjiner Mrs J ButlerFCA lJndependent Examithcr) Builer & Lo Audit Limited Charted Accountants Beiineii House The t)ca Alrtsfoid Hampshirc S024 9BH 1110812021 ApptDv¢d by order oftk ts)wYl of trustees on............................................. 8nd signed on its behalf by.. D Mew-TnJske
Ind¢p¢odent Examloer's Reptyrt ¢0 the Trustees of Afrl¢aD AdveDtures Follttd4tlon Independent exsmine¥ report to the trustees of Afrl¢aD AveDreS Folllld#tlon ('the CIO I to thc charity truste¢5 on my cxamination of th¢ accounts of thc CharitabS¢ IDCOTwaid Or8anisa¢ion for the year endd 31 (ktober 2020. Responslblllrfes and bsi5 of report As Ih¢TTUStees of thtcharity {and a]so its diTecri>rs for th¢purrx)s¢s of company Ifftw) you are regtx)n$ibleforthcprLTaralion of th¢ accounts tn accord8ne¢ with th¢ rquir¢ments of the Cornpanies Act 2(M)6 ('the 201h Aa'l An iTKkpendt cxaminalion d0¢5 tH)l involve 8aihering all the evid¢nc¢ that would b¢ Nu]d in an audit and conscqllenily th)&9 not cover all the m&tttr% than an audiior considcrs in ging their opinion on the financial stAtem¢nl¥. The planning and conduct of an audii gues beyond th¥ IiTnit¢d assurance thei an independ¢nt aMinatIon can provid& Conwuentlyb I cxpress o opinioJ] a5 to wh&her Ihcfinanciql 5tatcmffltsprtst a'ttueand faiv vi¢w atld my rem i¥ limited t0th0¥¢5p]ric matters set out in the itldependtht examin&s stst¢m¢nt Having satisfied mysclf that the xcotst of the Company are not rcguird to bc auditd under Part 16 of thc21X)6 Act and Hr¢ digible for independwl examinatiotb. I rwrt in r¢spect of my eAamin&tivn of your ¢hgTity'5 ac¢ounTs as c4rried thjt under section 145 of th¢ Charirics Aci 2011 I'th¢ 2011 Ace). In carying out my cxatnination I have followed the Dir10ths giv¢n by the Charity Cvmmission under s&ion 145{5) Ibl of the 2011 ACL IndependeDt ¢xamlller'5 8t•temeDt I hav¢ complLtcd Tny exarninllli¢)n. I confirni that no matlLTS hav¢ comc to my alleniion in clertion with the examination giving Tne causc to beliew. Ae¢<punting rordS WLYC not kept in riwt of thc Company as requir&i by Sli0n 386 of the2006 Act,. or the uccoun15 do not accord with those record¥. or the &c£4)unt5 do not comply with th¢ tccounting qUIrnentS of section 396 of thc 2006 Actother than any requir4nq]t that th¢ al'ivunts give a tnjc Snd fair view whtch 18 not a mattLr Co8]ded 8$ part of an ind¢penduJl examination,. or Ihc accounts have not been prepared in accordance with the meth( and prin¥ipl¢s of th¢ Statemenl of Recommded Praciice forawounting and rcporting by chariti¢g{applicablc loehariiics prcparing their accounts in accordan with the Financial Reporting Stondard applicable in the UK and RUbliC of Ireland {FRS 10211. I hav¢ no LxTrncems hav¢ wme across no other matt¢r5 in conTJeCtion with the ex8min&tion to which attcntion should bc drawn in thi5 report in order to wble a proper undwslanding of th¢ aLKounts to be real. Builer FCA Ilndcpendent Examiner) Butlcr& Co Audit Limilcd Chartcrtd Awountallts & RegistLird Audit{3 Benn¥ti H(wse Thc Dean Alrcsford Hampshire $024 9BH Dattt ...
AfrleaD Adventures Foundatio Stitement of Fihancial A¢tlvltle5 ODworating gD In¢ome find Expendithre Aecountl for the Ye•r EDded 31 (ktob¢r 2020 NO Unrtt%trict¢41 nds R&%tricted funds 2020 Total funds 2019 Total funds INCOMING RFSOURCES: INCOMK AND ENDOIWMENTS FROM Don&tiQnS and trfaci 86,674 l(KJ.910 187,584 93525 Tololin¢omthgresoMrces 86,674 l(M),910 187,584 93,525 RESOURCES EXPENDED: EXPENDuRE ON Cost of genuahng volunt 34,059 86J41 120,6 79.285 ChHritable actiViii¢5 Govemance dnd supN)rt 1.926 48211 2,543 4,469 411,211 5563 3.476 Tothlresotsp¢es &rpeRtled 84,196 89,084 173280 88 J24 iYET INCOME / (EXPENDITURE) 1478 11,820 14J04 5201 TraD5ftrs bttwtth fund¥ 2293 11293) 4.771 9533 14,304 5.201 RECONCILIATION OF FUNDS Total funds brought forward 435 16,405 16,840 1.639 carriedf0rmrd 5.21Ifj 25.938 16.840 The Btatqncnt of'linancial adiviti&8 includc5 all gains and losse5 in the year. All irttoming SOUrc and resour expend derive fim effitinuillg activities. Th¢ notes form part of thc8e fillantial st&temcnts
AfrieAn Adventurts FouhdAtIoh BalAnce Sheet 31 Oetob¢r2020 Notes lJnr¢sthc¢ed funds Rc5trict funds 2020 Tota] fim(Ls 2019 Total furtds CURRENT A&SETS Debthrs Li%h at b9nk 2.000 30.974 32.974 7.036 7,036 23.938 25.938 18.160 18.¥20 CREDITORS Amounts folling du¢ within one year 1.830 1.83Q NET CURRENT ASSETS 5.206 25.938 31,144 16.840 T(wfAL ASSETS LESS CURRENT LIABILITIES 5,206 25.938 31.144 16.840 NET ASSETS 5.206 25.938 31,144 16.840 FUNDS Unrc5tricted tund5 RE5trid¢d fi)nds 5,206 5.2U6 25,938 435 16,405 25,938 T(YfAL FUNDS 5.2(16 25.938 31.144 16,840 Forihc y¢arending 3 1 Ociober2020 th¢ charity was ¢ntitled ex¢mption from audit un(kr section 477 of the Comwics Act 2006 rclaling to smthl companies. Dircctors, Icsponsibilitics.. The mcmbrrs noi required the c4>mpany lo oFwn an audit of its financial stamenls for th¢ year in question in aw)rdance with section 476., The diTe¢tors acknowl¢dge their responsibilities for comptying wilh thc tequirements of the Act with rcspert to accounting trroTd5 and tlr pp¥alI0n uf fmancial ststemenis. These fJnanLittl biutetnents have been prepAred in accordance with the provisions applicabl¢10 ¢ompanies Subje¢l the stnHII C()Tnp•nic5' Tegime. 1110812021 Thc financial statcmcnts wcr¢ approvcd by thc Board of'l'ru5tccs on.................... behaifby.. . and wcrc signed on its Mcw- TtUSlcE The wil¢S foTTn pèrt of these finincial statements
Afrien Adventure8 Foundatlon Notes to th¢ Flnancl41 StstemEJLts lor the Year Ended 31 October 20211 I. ACCOUNTING POLICIES Basi$ of prep8rtLg the fiD•nclal 5tAtemeTrts Th¢ r)n8ncial siatLanentg have b¢¢n prepar&1 in accordartce with the Statement of Recummended Practice.. Accounting ar Rcporting by Chariiiv5 prepiThg th¢iraccounts itt 8¥4'ordance with the Finwcial Rctrf)nin8 Stbndard applicablc in the UK Bnd Republic of Ircland {FRS 1021 for accountit>8 periods beginning after 31 Octobu 2020, the FiDat]cial RqM)rtin8 Stsndard applicable in th¢ Uttit¢d Kingdom and Rwublic of Ircl8t)d {FRS 1021 and with th¢ ChaTiti¢s Act 2011. The chBrity constitutes a publi¢ b¢nefit (xjtity as defin by FRS 102. The financia] ststfflnents. are pw#ral on a going basi& under the historicaj c05t )nvtion. The activjti&% are d¢dtht on donaiion income artiL a con8equenc< the 80ing conccrn $1$ for th¢ tharitable actiViliLE ig d¢paMl¢nt on donation incom¢ continuing. The presentsiivn Currency of these finall¢ia] statemLts is stffling 1£). Income All income is recogni5ed in the Stat&neJJt of FirwA¢ial Al¥ll]& on¢¢ th¢ ¢harity bccomes LtitI to thc re8ourctt8 8ttd it 15 tnur¢ lik¢ly th rtot thttt th¢ tnJstCLE will rec¢iv¢ thc resources and the m(xJdary value Can be mEaSUTed with sutyjcient r¢li&bility. ExpendltDre Liabiliiies are rc¢ognis¢d as txpmditure as soon as there is a legal or constnjctive Obligati( committing th¢ ¢harity to that ¢xpLThditur< it is prvbwble that a transfer of e¢onomic bcnefits will b¢ Tequircd in 8tttlcment and the amount of the obligatiun can be measured rcliahly. Expenditure is oUnted for on an wcrua15 basis and h&s bf¢n classifjcd UTtr htadings that aggr¢gate all cost lated to ihe category. wh ¢()sis cannot be dirtlY attributed to particular ILcading& they have be¢n xllwatd lo activitie5 on & basis consistent with th¢ us¢ of resounY8. Dollated ¥ervlee8 and f&dllt1¢5 Donated pmftssional S1£¢8 tnd donatcd facilitics are recognised as income when th¢ charity has control vv¢r th¢ item. any Conditions associated with th¢ th)nattd itcm hav¢ been mel thc receipt of c¢onornic benefit from the u5¢ by the charity of the Itcm is probabl¢ and that eLoThomic bcrIf Lath be rnwurcd reliably. In a¢wrdanc¢ with th¢ Ch8riti&q SORP (FRS 1021. th¢ 8a2waJ volunteer tim¢ 1$ not recognis. On r¢ttipL donated pro11nal scrYice8and do]2atd facilili&8arc recognisl0n Ihebasis of the valueof th¢giftto thecharity which is the ainount the charity would have been willin¥ lo pay to obtain 8ervites Orfaciliti of equivalrnt 0nD1C benefit on thc Iw a correSnding amount is thtm rtso8nised in expcndiNre in the period of r¢ceipi. Tax•tion The tharity is ex¢mpt from Cowiim tax on its charitable Activiti¢5 subjccl to it mcchnB the conditions stipulatal for that excmption. Gif¢ Atd Gift Aid amount rtttsvcr¢d on a donation is considcrcd to be part uf unrestri¢ed funds in line with th¢ infom)ation provid to IlDnor4 and is noi elatsifi¢d a5 an addition tu th¢ same fund as the irtitill donation Gift Aid in tjote 2 includes amounts on donations ad¢ via third parties. The trustec8 believe the inforniation provided this p)licy to dortors is suffiGi¢ntclear and transyar¢nL Thebo&rd coniinutd its policy of using anyGift Aid reclaimcd to fund promutional initiatives dlgncd lo increase unrestrict income it receiv Irreeovtrable VAT Where VAT cannot be recovwed, it is ehargoj against th¢ Cost heading to which the ¢xpenditur¢ hdill8 on which it aros Fund accoutIng unrtriCted fund5 w be used in a)rdalle with thc charitable ebj&Xlv at the discretion of th¢trust¢e& Thcsc c4)mpris¢ & g¢n¢Tal fulld plus any d¢5ignated fund8 deemal rcquircd by the tnJstctt%. a$id¢ out of unrc5tricted fijnds, to PTovi<ie for plannd projecrs and other known coThlingeniies. R&slri¢ted funds can only be used for particular Tesiricted pllrwsts wthin the obieets of the charity. R£8tri¢tion% ari wh SPL%ified by Ihc donoror when fimdg ar¢ rai5cd forparticular restricted wrposes. FurthLY cxp18rtahon (rfthc nature and puSe of th nd is included in the Trolw to the financial stutern¢nt& Th¢ ntstes fonn part of thesc financial stai0nlS
African Adventurt8 Foundadon Notss to the Flon¢lAI St•t¢m¢Dts for the Y¢r EDde4131 Ortober 2020 2. DONATIONS & LEGACIES 2020 2019 RLSTRICTED Gift Aid Donatiix)s- K¢ny& DortaliiJns- Ghana Oth¢r donations 75.289 21567 1,485 13,482 36,534 16.800 100910 UNRESTRICTED Gift Aid Donations-Kenya Donations- Ghan8 OlherdonatiotLS t)onatcd servieu (Re note fThe) 2.276 20.825 3,258 1.587 18,573 45,0 86,674 52.146 56.991 TOTAL 187J84 9J J25 J. EXPENDITURE ON FUND RAISING 2020 2019 RESTRICTED PToje£t funding- Kenya Project funding-Ghatt& PrOjt funding-General Project funding- Buildings 60.669 10,482 1,4(K) 25,872 86,541 11290 UNRESflUCTED Projcct funding- Kenya Project funding-Ghana Projcct funding- Generdl PTojeci funding- Buildings 7,542 2.1x13 3.913 22.604 34.059 54,110 56,113 TOTAL 79.285 4. EXPENDITURE ON CHARITABLE AcfIvITIES 2020 2019 RESTIUCTED School fees paid Christmas partie 743 1.8(K 2,106 1,457 2.543 3.563 UNRESTRICTED SchiK>I f¢ paid Chri$tsnH5 Parti 1,926 457 1,543 1,926 2,(K)O TOTAL 4.409 The notes fotTh part of th finanual st8Th1ents io
AfrIA Adverttures Foundation Notes to the Fintt¢il St4¢¢mentS for the YeAr End¢d 31 October 2020 5. EXPENDITURE ON GOVERNANCE AND SUPPORT 21)20 2019 SUPPORT COSTS (UNREST1UEDI Donated s¢xvites Foundation f5 45.0(K> 1.736 1.736 46,411 COVERNANCE COSTS (UNRESTRICTED) Indwdcni examincrs f*8 1,81KJ 1.8(K) 1,74D 211 All support Lost¥ are met dilY by African Adventures Lt& The trLLS(ees ¢Sli]nMtE thut thi5 would bav¢ cost the Charity £45.OUO in theYr¢d 31 Oc¢obcr2O20 if il h&d to mtttthe5e ci>sls itself. ThishBstherefor¢allowedagTe4tttpropDrtiu of incom¢ 10 be usd in pursuit of Tts Charitable aims artd objeal. Th¢ tntstees wish to exprcss a dcbt of 8ratinMle to African Adventures Ltd for ils conthbution and CL)TnrnittnenL 6. TRUSTEESI REMUNb.RATIOiY AND EXPFNSES There were no tn¢, remuneThtion or othcr bcncfLls for Iheyrxrendixl 31 Octobu 2020 ni)r for the ye4r ended 31 October 2019. There wer¢ no tN5tttS' ¢Kpen8e8 paid forthe y¢8r o)ded 31 Othobtt 2020 nor forthc yLYr Lyjded 31 Octobtr 2019. 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 2019 Trade debtOTS {reslriLiedl ACCL1 income lunrcstr1¢tI 2,0 660 600 CREDftORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 2019 TTNd¢ crditors lunrcstricte41) Bank overdrafts, repayable ort dLxnand {utriCtl Accrucd cxpenses (unrestri¢teA} 30 1.800 1.830 1.320 9. RELATED PARTY DISCLOSURES Afrlcan Adv¢nture5 Ltd African Adventures Foundation is th¢ official charity of Afritt Adventures Ltd. African Adv¢ntures Ltd is a tour operdior 5pecialising in volunteertrips, thnd i% ultimat¢ly controllcd by t>an Mew, who also scrvcs EtTn¢Tnb¢rof th¢Erf>ard for Atncan Adventures Founddiion. The tompdny Contribut staff time tohelp ur8anise fundrhising events fur th¢th8rity, and to support its day-to-day running. li ss estimatrxl that had African AdvcThtUr FoUndlon needed 10 pay for this 5UPPDrt, it would hRv¢ COSI it ab)ut £45,0. It is therefore deaned that th donatd 8¢ryiS. DPM Investments Ltd Dani¢l M¢w, atNst¢¢ of African Adv¢JJwres Foundation is # Dirccthr of DPM Inv¢smicnts Li4 which made don81ions to thc Charity in the year tolallin8 £2,814. These donations wer¢ made to infer any form of b¢fIt tu DPM Inv¢smi¢nts Lt(L The not foym part of thes¢ finlncial 5tatuneni8 li
Alrlean Advtrttures Foundatton r4ote5 to the FIDAlltlal Sitements for the Yur Ended 31 O¢tober 2020 9. RELATID PARTY DISCWSURES (ltinued> A Malna Muhoro Alex Muhoro, a INste4 is also the foun(kr of one of the school8 W¢ support (Tht Walk Centre). Wo do not bclicvc there is any btfit Hri8ing to Alcx Maina Muhoro frorn his connection to both parties. 10. COV[19 The charity'8 partncr $¢hoo15 in Ghan4 Kenya and zan7.ibar wejr forcd to close intennittently to h¢lp CQTnbat the spread of COVID-19 in Ih¢irrw¢ctive COTllmUllitics. Coupled th¢ UK'5 own IkdOW rethction5, the charity has noi bccn able to dclivff ils rcgular progratnmes as Pln¢d. The ch4Tity also noi been ableto host kny in-pcrson fijndraising evthts du¢to th¢ COVID-19 pandcmic. The tTU51ees to( the view thai ihe risk of them being Gan¢¢ll¢¢l aT 8ubscquLIlY IncMA8 tt financial loss. w88 too gt. The tru.4¢¢5 inst opted to run online fvndt2isin8 ¢V¢nts in liw of cancelling all Ww$1npalgns. Th¢ iM>ard rook thc decisiDn to pu% most of the chartty's capits] ÈxpenditUTe andlor iDfrastrucDJre projeets in ordcr lo focus on talng moncy for heth 8nd food security progrdmm&8 for the most vulnerable benefJ¢iaries. 11. FUNDS AtINov 2019 Itlcomc EXPendir£ TrattsfLY betwee fun(ts At310 2020 RESTRICTED FUNDS KENYA Jubil Academy Ungana Academy The Walk CaJtr¢ Mwna Keny Child School Chaddy Mi88ion Sch(K)I Cherish SLhcN)I Lion Hill School Bygrdce School Compulcrs 332 9,497 1,199 404 4,600 2,455 629 792 3,649 62.750 io 623 1335) 33 1.359 {12J211 {3J221 365 629 49 (7431 (5,3781 (56,833) 2,729 30 (1,0001 {301 65 917 75 30 30 io (io) GHANA Rhemd Abutia D¢dLidi TYSGI Child School Fe45 Woe E.P AkloTbordLi Little RO School Gyapa Stoves io 408 2,270 1,120 720 2,270 2,420 10 12,188} 11.477} 92 1480) 720 82 232 85 li (2,1881 {2.1881 (31) 74 174) ZANZIBAR Kijilo Up¢1¢ W&%h Pro8ratnrne 1.500 (4461 {1,0541 Is.0) 15.IM)U FUNDR4JSING Christma8 meal &ppcaJ 1,800 (1.800) 16.405 100,910 (89,084) (2.2931 25.938 The not form p8rt of thest financial st&tCmts 12
Afrlean Adv¢n¢ure5 Foundation Iyotes to th¢ FIDnclal Statements for the Ye4r Ended 31 October2020 11. FUNDS l¢ontillued) AtlNov 2019 Inc4xne Expenditure Transf betwwi fujjds At 31 Ot¢ 2020 UNRESTIUCTED FUNDS DFSIGNATED KENYA Si Triiah Ungana Th¢ Wlk Cen tk5tiny Mama Ke chdY Mission School Cherish School Computers Food S¢¢urity Campaigt) 884 884 1,757 8,317 3,101 384 384 {828) (1,5891 (8,3161 (3.0961 (1,282) 381 549 I,Tr)o 30 io 102 414 io 5.114 {5,074) ZANZIBAR Kijito Up¢1¢ 11,0541 GENEIUL Fundrai$itL8 S¢hLM)l Fees Gift aid UK Tniscellaneous 031 480 11,898) 439 631 480 378 439 1,217 2.276 435 18 J73 45,(K)O {17,957) (45,000} 435 86,674 (84.1961 2,293 5,200 TOTAL FUNDS 16.840 187.584 1173,280 31.144 Further infomilllion about our ]r[ellt projects is 8vatlable via websit¢- h x'.Ilaat'. -advLnturts. RESTRICTED FUNDS EXPKNDITURE ADDITIONAL INFORMATION KENYA Ungana The eX[nditUre of £12,521 wrisisted of £699 prOjt funding* £9.722 for 18nd i¢quisltion. £2,100 for building ¢ost5. Th¢ Walk Ccntre Thecxpenditurc of £3,322 wn5iStd of 11.014 forland a¢quisition and £2,308 to¢OV th¢¢osts of an employee. Child Sdjvol The ¢xptmdilure of £743 was to school fLYS. Chad(Jy Mi¥sion Sch(K)l The ¢Xid11re of £5378 was for building cost& Chthsh School Th¢ ¢xwditurc of £56,833 consist¢d of £9.58 for building Costs and £46.925 for land aCgUj%ltion. The not£8 forni p8rt of Ih¢$e financial statements 13
AfrItt AdYelltureB Foundatl Note# to th¢ FIDauclal StY4temellts for the Year Ethded 31 October 202 RESTIUCTED FUNDS NOTES (contlmued) GHANA Rjjema Abutia Th¢eX)dibJre of £2.188 forbuli ding costs Dethidi TheXpdIn1[¢ of £1,477 forbuilding cos Woe RP The eXpdIre of £2.188 forbuildin8 costs Th¢ ¢pdilre of£2.188 was forbuildin8cos1$. Kjjito u1¢ The ¢XpdiblYe0f £466 was forbuild2ng costs. FUNDRAISJNG ChTi8tsnas appeal The exdit0f £1.81K) wa5 to mttt the cost of fundin8 m¢al$ 12. A MESSAGE TO ALL DONORS Th¢ Injstees wish to eKpfc55 thcirgratitudctoall thnor4 withoutwhom it would tL(havebeen po$8ibl¢ to do what we Set out Th¢ now f¢mi part of these financial statanertts 14