**AFRICAN HEALTH FOUNDATION FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2021** DRAFT **Charity number: 1165391** **S Moffatt FCA Independent Examiner** ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 |**Contents**
**Page**| |---| |DRAFT
Report of the Trustees
2-3
Report of the Independent Examiner
4
Statement of Financial Activities
5
Balance Sheet
6| 7-8 Notes to the Accounts 2 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31ST DECEMBER 2021** ## **Objectives and Activities** The CIO exists for the public benefit, the relief and assistance of people in need in Ghana and such other parts of Africa, who are sick and may be near to death, in particular but not exclusively through raising awareness of the situation and conditions in respect of end of life care in such parts of the world and through the provision of support, funds, or services as the trustees may from time to time think The directors confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit. **Structure, Governance and Management** DRAFT The corporation was constituted as a foundation CIO on 2[nd] February 2016. In the event of the corporation being wound up, the members, who must also be trustees, are not required to contribute any amount towards the assets of the corporation. ## **Achievements and Performance** The trustees have a specific objective to raise awareness and funds in the United Kingdom for the Rose Ananse Memorial Hospice, Kumasi, Ghana which is providing palliative care to patients and their families in the local area. Rev Charles Amoah is currently based in Ghana and is Executive Chairman of the Rose Ananse Memorial Hospice Care (RAMHC), Board. He and the other board members continue to liaise with both the local hospital and the Ghana Baptist Medical College. Covid restrictions in the UK have limited efforts to pursue and develop our connections in the UK. During the year the trustees met twice: 2[nd] June, and 11th November. ## **Financial Review** Fund raising: This year has seen some regular support, together with a few individual donations. Our Amazon Smile account has generated a small income; we continue to encourage people to nominate us when they buy through Amazon. There is a continuing need to raise awareness in the large Ghanaian community in the UK as well as generally in the universities and Baptist churches in the UK. A make-adonation link is now available on the website. Expenses: We have only one funded expense (web site) with other expenses being met individually by the trustees. ## **Reserves policy** The trustees believe it is appropriate for the company to retain a reserve in the company of roughly six months anticipated expenditure and will seek to take the CIO to that position as it commences its activities. In the opinion of the trustees, the state of the CIO's affairs is satisfactory. 3 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31ST DECEMBER 2021** _(continued)_ ## **Future Plans** We have maintained our social media presence in sites on Linkedin and Facebook. We continue to contact by mail and email to a number of Baptist Churches in the UK. Rev Amoah continues to advise us on the financial assistance required in Ghana to cover costs for training, staff expenses and wages. We are still looking at possible ways of increasing awareness and funding. A number of suggestions have been considered including making contact with prominent Ghanaians in the UK, creating a media release, and encouraging more use of Amazon Smile. We hope to produce some form of press/media release/report DRAFTto try to gain a wider audience. Rev Amoah continues to advise us on the financial assistance required in Ghana to cover costs for training, staff expenses and wages. Although opportunities for speaking engagements continued to arise to enable us to raise awareness of the needs of the hospice due to the lock-down in the United Kingdom Malcolm Johnston was unable fulfil any of these. The directors hope in due course to be able to fulfil these engagements. ## **Summary** This year has been difficult with the continuing restrictions relating to the Covid-19 related corona-virus present challenges to the hospice and to the directors in the UK in advertising the work It is hoped that in the coming year we can raise the profile and generate enough funding for the work in Ghana to continue and expand ## **Independent Examiner** Having indicated his willingness to act, Stuart Moffatt was appointed to examine the financial statements for the year to 31 December 2021. ## **Reference and Administrative Information** The trustees who served the company for the whole of the period were as follows: Charles F Amoah Geoffrey T Coyne Malcolm S Johnston Benjamin J O’Hanlon Principal office: The Old Baptist Hall, Great Sampford, Saffron Waldron, CB10 2RG The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity trustees: Malcolm S Johnston Trustee 16 August 2022 4 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS OF AFRICAN HEALTH FOUNDATION** I have examined the financial statements of African Health Foundation for the period ended 31st December 2021, which comprise the Statement of Financial Activities, Balance Sheet and the related notes set out on pages 5 to 8. - **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures DRAFT My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention - 1 which gives me reasonable cause to believe that in, any material respect, the requirements: a. to keep accounting records in accordance with section 130 of the Charities Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or - 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Stuart Moffatt Chartered Accountant 16 August 2022 5 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** |DR
**Notes**
**Incoming resources:**
2
Donations
**Total**
**Outgoing resources:**
Bank charges
Web-site costs
**Total**
**Operating surplus / (deficit)**
**Grant to hospice**
**Net income / (expenditure)**
**and net movement in funds**
**Reconciliation of funds:**
Funds at 1 January 2021
Surplus/(deficit) for the period
**Funds at 31 December 2021**|~~AFT~~
**2021**
**2021**
**2021**
**2020**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**(Unrestricted)**
£
1,199
0
£ 1,199
£
2,008
£
1,199
0
£ 1,199
£
2,008
£
97
0
£
97
£
60
£
38
£
38
£
19
£
135
0
£
135
£
79
£
1,064
0
£ 1,064
£
1,929
£
0
£
3,011
£
1,064
0
£ 1,064
£
(1,082)
£
2,480
0
£ 2,480
£
3,562
£
1,064
0
£ 1,064
£
(1,082)| |---|---| ||£
3,544
0
£ 3,544
£
2,480| No operations were acquired or discontinued during the year. 6 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **BALANCE SHEET AT 31ST DECEMBER 2021** |DRA~~F~~
**Note**
**Fixed assets:**
Investments
**Current assets:**
Cash at bank
_Total current assets_
**Liabilities:**
Creditors: Amounts falling due
within one year
**Net current assets/(liabilities)**
**Total net assets**
**The funds of the charity:**
Unrestricted funds
Restricted income funds
Total funds|~~T~~
**2021**
**2020**
0
0
£
3,544
£
2,480| |---|---| ||£
3,544
£
2,480| ||0
0| ||£
3,544
£
2,480| ||£
3,544
£
2,480| ||£
3,544
£
2,480
0
0| ||£
3,544
£
2,480| These financial statements were approved by the trustees on 16 August 2022 and signed on their behalf by: ## Malcolm S Johnston 7 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **Notes to the financial statements** **1 ACCOUNTING POLICIES** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: **Accounting convention** The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102) using a receipts and payments basis. The financial statements are drawn up on the historical cost basis of accounting. African Health Foundation meets the definition of a public benefit entity DRAFTunder FRS 102. ## **Going concern** There are no material uncertainties about the charity’s ability to continue. ## **Income** Voluntary income including legacies are accounted for once the charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. ## **Expenditure** Expenditure is included as paid. Charitable expenditure comprises all expenditure directly related to the objects of the charity. This includes governance costs which represent the cost of compliance with constitutional and statutory requirements. ## **Cash at bank** Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit. ## **Fund accounting** The funds held by the charity are either: **Restricted funds** – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes; or **Unrestricted funds** – these are funds which can be used in accordance with the charitable objects at the discretion of the directors. ## **INCOME AND ENDOWMENTS** |Income from charitable
activities
Donations
**Total**|**2021**
**2021**
**2021**
**2020**
**Unrestricted**
**Restricted**
**Total**
**Unrestricted**
**£**
**£**
**£**
**£**
£
1,179
0
£
1,179
£
2,008| |---|---| ||**£**
**1,179**
**0**
**£**
**1,179**
**£**
**2,008**| All income arose within the UK. **2** 8 ## **African Health Foundation** Financial Statements for the period ended 31 December 2021 ## **3 EXPENDITURE** Other than to the bank and for the web-site no charges were incurred during the period. **4 RESTRICTED FUNDS** The CIO presently has no restricted or designated funds. - **5 INDEPENDENT EXAMINATION AND OTHER FINANCIAL SERVICES FEES** The independent examiner made no charge for his services. - **6 STAFF COSTS AND EMPLOYEE BENEFITS** DRAFT The charity did not employ any staff during the year. ## **7 ASSETS HELD ON BEHALF OF THIRD PARTIES** The CIO holds no assets for third parties. ## **8 TRUSTEES’ REMUNERATION** No remuneration or benefits were paid to any of the trustees during the year. Also, there were no trustees’ costs paid direct to third parties. ## **9 TRUSTEES’ EXPENSES** No expenses were incurred by or reimbursed to Trustees during the period. There were no expense claims by trustees for the cost of travel to meetings and other events during the period. ## **10 TRUSTEES’ DONATIONS** Donations to the charity by the trustees during 2021 amounted to £110.