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2023-02-28-accounts

Trustee Annual Report for the Financial Year 2022/2023

Introduction

The Trustees of the Alliance for International Development (A-fID) are pleased to present the annual report for the financial year ending 31st March 2023. This report highlights our activities, achievements, and the challenges we faced during the year. Despite the constraints imposed by the election year in Sierra Leone, we continued our mission to support the most vulnerable communities through education, healthcare, and community development programs.

Overview of Activities

High Demand for Charity Services

The demand for A-fID's services in Sierra Leone remained high throughout the financial year 2022/2023. The socio-economic challenges exacerbated by political activities created an urgent need for our interventions in education, healthcare, and community infrastructure.

Impact of the Election Year

The 2022/2023 financial year was marked by significant political campaigning in Sierra Leone due to the national elections. This period of political activity limited some of our operations and required us to navigate carefully to ensure the safety and effectiveness of our programs.

Key Achievements

Back to School Activities

Our annual back-to-school initiative successfully provided scholarships, uniforms, and school materials to 50 pupils in primary and junior secondary schools. This support was crucial in ensuring that these children continued their education despite the economic difficulties faced by their families.

Conditional Cash Transfers and Free Weekend Tutorials

In addition to educational materials, we provided conditional cash transfers to single parents of children who qualified for our annual back-to-school program and free weekend tutorials. These parents received Le600 to Le1,000 as micro loans, on the condition that their children attend weekend lessons and spend four hours a day doing homework and staying at home. Additionally, the children were required not to engage in street trading. The loans were provided with a sixmonth repayment plan and no interest.

Medical Support

A-fID extended financial support to 15 individuals on medical grounds. This assistance covered various medical expenses, enabling recipients to access essential healthcare services that would otherwise be unaffordable.

Community WASH Programs

We supported Water, Sanitation, and Hygiene (WASH) programs across three communities in rural Sierra Leone. These programs focused on improving access to clean water, promoting hygiene practices, and reducing waterborne diseases, thereby enhancing the overall health and well-being of the communities.

Water Well Completion in Haja Fatmata – Freetown Urban

One of our significant accomplishments was the completion of a water well in the Haja Fatmata community in urban Freetown. This well now provides clean and safe drinking water to approximately 1,500 people. The project was made possible by the generous donation of land by the local chief and funding from A-fID for the construction costs.

Community Barry Rebuilding

We also undertook the project to rebuild the community Barry for the local chief in Haja Fatmata. This facility serves as a vital meeting and gathering place for the community, enhancing social cohesion and community engagement.

Financial Overview

Increased Overhead Costs

During the financial year, our overhead costs increased due to a rise in rent and the national minimum wage for staff. Despite these challenges, we managed our finances prudently to ensure that our programs continued to receive the necessary funding.

Conclusion

The financial year 2022/2023 was marked by significant achievements amidst challenges posed by the election year in Sierra Leone. The high demand for our services highlighted the critical role A-fID plays in supporting vulnerable communities. We remain committed to our mission and look forward to continuing our work in the coming year, with a focus on expanding our impact and reaching more individuals in need.

We extend our heartfelt gratitude to all our donors, partners, and volunteers for their unwavering support. Together, we are making a difference in the lives of many.

Approved by the Board of Trustees

Date: 27th July 2024

Alliance for International Development (A-fID)

Charity Accounts for the Financial Year 2022/2023

Income and Expenditure Statement

Income

Description Amount (£)
Donations £12,009
Other Charity Activities £28,021
Total Income £40,030

Expenditure

Description Amount (£)
Grants for Medical Support £6,895
Community WASH Programs £8,760
Water Well Project £9,370
Community Barry Project £1,250
Salaries in Freetown £4,800
Rent and Other Overhead £7,800
Fees £600
Total Expenditure £39,475

Net Income

Description Amount (£)
Net Income £555

Notes to the Accounts

Alliance for International Development (A-fID)

Charity Accounts for the Financial Year 2022/2023

  1. Donations: The charity received a total of £12,009 in donations during the financial year.

  2. Other Charity Activities: The charity earned £28,021 from other charity-related activities, including various fundraising events and partnerships.

  3. Grants for Medical Support: £6,895 was allocated to provide financial assistance to 15 individuals for medical purposes.

  4. Community WASH Programs: £8,760 was spent on supporting Water, Sanitation, and Hygiene programs in three rural communities.

  5. Water Well Project: £9,370 was spent on completing a water well in the Haja Fatmata community in urban Freetown, providing clean and safe drinking water to approximately 1,500 people.

  6. Community Barry Project: £1,250 was used to rebuild the community Barry for the local chief in Haja Fatmata, enhancing social cohesion and community engagement.

  7. Salaries in Freetown: £4,800 was paid as salaries to staff based in Freetown, ensuring the effective management and operation of our projects.

  8. Rent and Other Overhead: The charity incurred £7,800 in rent and other overhead costs in Sierra Leone, partly due to an increase in rent and the national minimum wage for staff.

  9. Fees: Administrative fees amounted to £600 for various services required for the charity's operations.

Conclusion

The financial year 2022/2023 was marked by significant demand for A-fID's services and substantial achievements in our program delivery. Despite increased overhead costs, the charity successfully managed its finances, resulting in a net income of £555. This positive outcome underscores the charity's financial health and its capability to sustain and expand its impactful work in the coming

Alliance for International Development (A-fID)

Charity Accounts for the Financial Year 2022/2023

year.

Approved by the Board of Trustees

Date: 27th July 2024

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