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2021-02-28-accounts

Using skills & knowledge to challenge poverty. ALLIANCE for INTERNATIONAL DEVELOPMENT ANNUAL REPORTS AND ACCOUNTS The Tmstees present their annual report on Alliance for Inlernalional Developmenl {A-flD) logelher with Ihe financial statement of A-flD funds Io apply Ihem for Ihe purpose of overseas developmenl projects in Sierra Leone for Ihe year ending 28 February 2020. PLIRPC)SF Al￿D IMPACT A-flD was set up in March 2015 by a group of concemed individuals from poor Wesl African countries who wanted lo help poor people use skills and knowledge to challenge p)vety. Their experience growing up in poor communilies convinced them Ihat when peoples, capabilities are strengthened, they could be significantly improve their livelihoods and move out of poverty. Our vision is that-. Everyonegels the opportunity to develop their skills. Everyoneuses the knowledge they have to challenge poverty. Everyone receives the financial support theyneed to start income generating activitses. Everyone has aC￿sS to factual infomiation. Every child under 5 years old receives good healthy nutsknon. Everyone has actsss to qualily educats'on. We work lo influence national povety eradication policy and to improve training to stakeholders in both established and unorthodox settings. We aim to make meaningful impact - our goal is that sufficient progress will have been made by 2035 such that povety level in Sierra Leone is below lo.￿. We will have reached this goal when we can see that majority of people in rural areas are able to engage in income generating activities and have the basic skills to engage wilh political. social and economic actors to improve their lives. We have a detailed roadmap (see our website.. afidsl.org) that sets out how we plan lo￿a¢h our goal, and tha indicators we monitor to tell us whelher we are making progress. We have made less progress Ihan planned in recent years due to the too much bureaucracy, COVID. government policies which adversely affected our Micr¢xredit program in rural areas, hitting our operations financially and rent seeking by govemment institutions and the attitude of beneficiaries, which has impeded our ability to influence poliw. We launched a ten-year Education for Social Transfomiation (E4ST) program on 01 August 2019. The objective to support 50 students from Junior Secondary School thru university, providing leaming aid, private tuition. coaching and mentoring so as to enable them to acquire quality educalion for better community and national development. While some of our recommendatsons, such as improvements in Iraining and outreach do not require additional resources, we recognise Ihatsome changes do require additional siaffing or olher resources. Al a time when our budget is already stretched and the impact of COVID-19 on fundraising, Ihe competition for resources is a significant threat to the success of our programmes. Key to our work for the next fwe years is the scaling up of our Small Enterprise Finance Programme. which is assessing the impact of access lo finance in reducing poverty in in rural and urban areas and progressagainsl our overall goal. From the outcome of this, we will sel new tsrget forour work for the next five years VALU&S .4DID 'NA YS OF wfJRKirJr Our values are equally importanl in reviewing our progress and Y&ar Ending 28 Febfuary 2020

Uslng skills & knowledge to challenge poverty. ALIIANCE for IN TE RNATIONAL DEVELOPMENT in selling fulure targels. We listen to the voices OT Iradilional leaders, beneficiarles and Iheir families. We support professionals working in Ihe education, financial and heallh seclors, ralher than criliclse them; and We foster a culture of learning by doing. We collaborate with community professionals and other local charities, and we do engage directly with Ihe public. We will be gathering delailod feedback from our stakeholders through Ihe forthcoming perception survey. We employ staff with the necessary knowledge, experience and skills to be able to represent the charity at Ihe highest levels. We pay staff salaries al the level they would receive if Ihey were undertaking a similar role In the private sector or the government. Actual cost on salaries are disclosed in our finanaal slatement. We fund our work with income from donors and grants. Our main costs are staff salaries, with minor expenditure on officecosls and costs for raising funds. The founders wanted to ensure the charity could operate ind9pendenlly without the need for constant fundraising, so we intend to create an endowment fund in 2025. which will be invested to generate income. This removes the need for reserves as the charity will manage ils operations within ils income. The trustees acknowledge that Ihere is a nsk that investments lose value. Investment managers would be appointed to act within a sustainable policy that diversifies investments and aims to achieve a total return from capital growth and Income that exceeds the rate of CPI inflation by at least 3 per cent. When the trustees consider that the goals have been achieved, the charity's assets will be distributed to other chanlies wilh similar purposes. Trustees meet four times a year and hold an all4ay annual awayday with staff. They review all charity policies ona rollingihree-yearcycle and request an annual report from the ChiefExeculiveon howpolicies are adhered to within the tharity's values and risk inclinalions. We aim lo apply the Charity Governance Code and have an agreed action plan, available on request, along with details of our Iruslees and how they are appointed. and our staff team. Yeer Ending 28 February 2020

Charity Name Alliance for International Development

No (if any) A-fID CC16a

Receipts and payments accounts

For the period
from		 01/03/2020
Period start date		 To 28/02/2021
Period end date
Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £		 Restricted funds
to the nearest £		 Endowment
funds
to the nearest £		 Total funds
to the nearest £		 Last year
to the nearest £

Donations		 117,000 - - 117,000 28,703
FundraisingEvents 60,500 - - 60,500 9,568
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for AR) 177,500 - - 177,500 38,271
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
38,271

ConsultancyFee		 20,000 - - 20,000 5,741
Cost of Fundraising 13,500 - - 13,500 2,870
Salaries 31,200 - - 31,200 22,962
Marketing 7,900 - - 7,900
Stationary 3,200 - - 3,200 -
Printing, Postage, and compter supplies,
Internet, Telephony		 5,000 - - 5,000 6,676
Project Implemenation 80,900 - - 80,900 -
Office Space Rental Cost 8,000 - - 8,000 -
Office RunningCost 7,155 - - 7,155 -
**Sub total ** 176,855 - - 176,855 38,249
A4 Asset and investment
purchases, (see table)
Furniture 2,500
Vehicle 10,650
**Sub total ** 13,150 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
38,249
- 12,505 22
- -
- -
- 12,505 22

Section B Statement of assets and liabilities at the end of the period

CCXX R1 accounts (SS)
Categories
B1 Cash funds		 1
Cash on hand
Details
Total cash funds		 Unrestricted
funds
to nearest £
Unrestricted funds
-
-
-		 Restricted funds
to nearest £
8,300
-
-
8,300		 Endowment
funds
to nearest £
Unrestricted funds 8,300 -
- - -
- - -
- 8,300 16/02/2022
-

CCXX R1 accounts (SS)

Signed by one or two trustees on
behalf of all the trustees
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Bank Loan
Details
Details
Computers
Furniture
Vehicle
Details
(agree balances with receipts and payments account(s))
Details		 Agreement Error
Agreement Error
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
Unrestricted
15,000
Unrestricted
17,000
Unrestricted
9,600
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
Unristricted
20,000
-
-
-
-
Print Name
FodayKamara		 OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
300
1,500
3,400
-
-
-
-
-
-
When due
(optional)
01 April 2022
Date of approval
FodayKamara 31/01/2021

CCXX R2 accounts (SS)

16/02/2022

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report Section A Independent Examiner’s Report
Report to the trustees/
members of
On accounts for the year
ended
Set out on pages		 Alliance for International Development (A-fID)
28 February 2021
Charity no
(if any)
1161111
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended28 / 02 / 2021.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 31 January 2021 Signed: Name: Michael Decker Relevant professional qualification(s) or body (if any): Address: 13 Bathurst Street Freetown Sierra Leone

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