AFRICAN HEALTH FOUNDATION FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
Charity number: 1165391
S Moffatt FCA Independent Examiner
African Health Foundation
Financial Statements for the period ended 31 December 2024
| Contents | Page |
|---|---|
| Report of the Trustees | 1-2 |
| Report of the Independent Examiner | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6-7 |
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African Health Foundation
Financial Statements for the period ended 31 December 2024
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31ST DECEMBER 2024
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
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 (RAMHC), Kumasi, Ghana which is providing palliative care to patients and their families in the local area.
The Nurse Director of RAMHC continues to make telephone support calls and has increased number of house visits. It is our hope that the health authority will provide additional support staff to meet this demand.
We have been able to maintain our links with Dr David Roberts of Oxford Brooks College.
Financial Review
Fund raising: There has been very little fund-raising activity this year partly due to relocation, waiting for the new team to be in place and having feedback to use. We continue to have a small number of regular donations plus some other ad hoc gifts from individuals and just giving fund. We were grateful to receive a legacy of £15,000 from a family who wish to remain anonymous
Expenses: We have only one funded expense (web site) with other expenses being met individually by the trustees.
We have been advised of the funding requirements for staff and expenses by RAMHC and have discussed the documentation to cover the transfers. Given the amounts involved we have agreed to transfer funds at six month intervals.
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.
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African Health Foundation
Financial Statements for the period ended 31 December 2024
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31ST DECEMBER 2024 (continued)
Future Plans
We have maintained and updated our social media presence in sites on Linkedin and Facebook. We continue to try to establish a system where RAMHC report regularly on their operations and requirements in order that we may provide more frequent updates to our supporters.
We also to wish to try to establish a longer term plan for the RAMHC, and look to the local board to move this aspect forward.
We continue to look 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 still have plans to produce some form of press/media release/report to try to gain a wider audience.
Summary
2024 has been difficult with the limitations, both in Ghana with setting up a new team, and the limitation on being able to approach the people we need to influence. 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 2024.
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
Trustees meeting have been held on-line during the year.
Principal office: Ty Newydd Heol Glantren Llanybydder SA40 9SA
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity trustees:
Malcolm S Johnston Trustee
31 July 2025
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African Health Foundation
Financial Statements for the period ended 31 December 2024
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 2024, 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 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
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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
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have not been met; or
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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
31 July 2025
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African Health Foundation
Financial Statements for the period ended 31 December 2024
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
| Notes Incoming resources: 2 Donations Interest 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 2023 Surplus/(deficit) for the period Funds at 31 December 2023 |
2024 2024 2024 2023 Unrestricted Restricted Total Total Funds Funds Funds Funds (Unrestricted) £ 15,658 0 £15,658 £ 533 £ 181 £ 0 £ 181 £ 7 £ 15,839 0 £15,839 £ 540 £ 60 0 £ 60 £ 85 £ 0 £ 0 £ 60 0 £ 60 £ 85 £ 15,779 0 £15,779 £ 455 £ 0 £ 975 £ 15,779 0 £15,779 £ (520) £ 3,545 0 £ 3,545 £ 4,065 £ 15,779 0 £15,779 £ (520) |
|---|---|
| £ 19,324 0 £19,324 £ 3,545 |
No operations were acquired or discontinued during the year.
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African Health Foundation
Financial Statements for the period ended 31 December 2024
BALANCE SHEET AT 31ST DECEMBER 2024
| 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 |
2024 2023 0 0 £ 19,324 £ 3,545 |
|---|---|
| £ 19,324 £ 3,545 |
|
| 0 0 |
|
| £ 19,324 £ 3,545 |
|
| £ 19,324 £ 3,545 |
|
| £ 19,324 £ 3,545 0 0 |
|
| £ 19,324 £ 3,545 |
These financial statements were approved by the trustees on 31 July 2025 and signed on their behalf by:
Malcolm S Johnston
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African Health Foundation
Financial Statements for the period ended 31 December 2024
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 under 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 from charitable activities Donations Total |
2023 2023 2023 2022 Unrestricted Restricted Total Unrestricted £ £ £ £ £ 15,658 0 £ 15,658 £ 533 |
|---|---|
| £ 15,658 0 £ 15,658 £ 533 |
All income arose within the UK.
2 INCOME AND ENDOWMENTS
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African Health Foundation
Financial Statements for the period ended 31 December 2024
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
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. No trustees’ costs were 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.
Donations to the charity by the trustees during 2024 amounted to £90.
10 TRUSTEES’ DONATIONS