2023-06-01-accounts

1 HEART AFRICA LTD
Company Registration Number:	11975966
Registered Charity No.	1176321
FINANCIAL ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023

CONTENTS

Page
1	Legal and Administrative Details
2 - 13	Report of Trustees
14	Independent Examiner report
15	Balance Sheet
16	Statements of Financial Activities
17 - 19	Notes to the Accounts

1 HEART AFRICA LTD

Company Registration Number: 11975966 Registered Charity No. 1176321

ORGANISATIONAL PROFILE FOR THE YEAR ENDED 30 JUNE 2023

Trustees

Chaka Clarke Ranes Formosa Natasha Makengo

Registered office: 7-14 Great Dover Street Borough London SE14YR Registered Company Number: 11975966 Registered Charity Number: 1176321 Independent Examiner: Charles Osei, BSc {Hons), MSc, ACIE, AFA, ATA, MCIPP Practical Accounting Training Ltd Equitable House, 2nd Floor 10 Woolwich New Road London SE18 6AB

Approved by order of the board of trustees on its behalf by:

on signed

Ranes Formosa Trustee Page 1

EA 4pRI . l Heart Africa Trustee Report 2022 -2023

Contents Page

a. Executive Summary

b. Introduction

c. Congo DRC: Goma

d. Congo DRC: Kinshasa

e. Financial Overview

f. Thoughts for the year to come

g. Special thanks

3

Executive Summary

In 2022, nearly a year after the eruption of the world's largest active lava lake in eastern Congo, hundreds of thousands remained displaced, living in tents without hope for relief. The natural resources in the eastern region of Congo have made Goma a center of conflict, famine, displacement, and the use of rape as a weapon of war. The volcanic eruption exacerbated the situation, and a broken ceasefire agreement in late 2022 led to more than 520,000 displacements.

I Heart Africa had previously constructed several homes capable of housing eight families and maintained a well-functioning daily program. Recognizing the need for further outreach, we fundraised to build a village for the children and their families under our care.

Our efforts in Goma focused on creating stable, permanent housing to ensure long-term security and stability. We collaborated with local partners to identify safe and sustainable plots of land, ultimately constructing 20 fully furnished two-bedroom houses. This initiative not only provided homes but also stimulated the local economy through job creation during the construction phase.

Looking ahead, our focus is on achieving long-term financial sustainability for the Lumumba village through income-generating activities tailored to local resources and vocational training for caregivers and community members. We aim to foster economic self-sufficiency and create a network of support and opportunities through partnerships with local businesses. Our continued efforts will expand educational and vocational opportunities, enhance healthcare services, and empower the community to thrive independently.

In Kinshasa, we successfully supported the Les Enfant D'abord center by ensuring education, adequate food provisions, and improved infrastructure for 40 children, ultimately phasing out our partnership as the center became more stable and self-sufficient, allowing us to allocate resources to other critical areas.

I Heart Africa remains committed to supporting 30 underprivileged children daily, offering them a safe environment to grow, learn, and thrive. By focusing on holistic community development, we aim to ensure that Lumumba Village becomes a beacon of hope and resilience

4

Introduction

I Heart Africa is dedicated to a social mission focused on enhancing the lives of men, women, and children through sustainable development. Our core values emphasize holistic and sustainable community growth, aiming to create an environment where communities can thrive independently. Over the last 2 years we have successfully managed two significant projects in Kinshasa and Goma. These projects involve housing, feeding, nurturing, and raising orphans, ensuring they receive the care and support needed to grow into self-sufficient individuals.

I Heart Africa has focused on providing not just immediate relief but also long-term solutions to ensure sustainable development and stability for the affected communities. Through our dedicated efforts, we aim to transform these challenging circumstances into opportunities for growth and resilience.

This report covers our activities from April 2022 to June 2023 in the Democratic Republic of Congo, highlighting our work in Kinshasa and Goma. It communicates our actions, activities, and achievements to the people we serve and our supporters.

Whilst outlining details of our journey, including the goals achieved, the challenges faced, the teambuilding efforts, fundraising activities, construction processes, and the daily programs we have implemented. It also outlines our future plans to build on our successes and continue our mission of fostering a self-sustaining community in the Democratic Republic of Congo.

5

Congo DRC: Goma

Almost a year after the eruption, which devastated homes and displaced thousands, I Heart Africa initiated a critical response through a public call to action on social media and Launchgood, a dedicated fundraising platform. Witnessing the ongoing challenges faced by children and their caregivers in makeshift shelters, we were driven to enhance their living conditions and provide sustainable support. While our daily program continued to provide essential care, we recognized the need for stable, permanent housing to ensure long-term stability and security.

Drawing on our established partnerships from the previous year, we collaborated closely to identify suitable plots of land for the village. These partnerships were instrumental in selecting locations that not only offered safety but also supported sustainability for the children and their caregivers. Our goal was to create a nurturing village environment that went beyond mere housing, fostering a holistic community support system.

The first crucial step involved engaging a local project manager and construction team to translate our vision into reality. Beyond constructing 20 fully furnished two-bedroom houses over an intensive eight-month period, our initiative aimed to stimulate the local economy by generating additional job opportunities within the community. These houses were meticulously designed not just as shelters, but as homes that would significantly improve the quality of life for the families who would soon call them their own."

With just a month remaining until the houses were completed, we conducted thorough interviews with all the children and families who were still living in the camps and other areas. We assessed who they were living with and their eligibility for a house based on specific criteria: l}being an orphan living with relatives or in a 2)single-mother-led family, 3}residing in camps or makeshift wood and tin shelters, having at least one working-age caregiver, and 4}maintaining stable mental health.

During this process, the construction of the village remained a surprise to the community. Despite minor delays due to final inspections such as faulty solar panels, installed in each house to provide lighting at night, the houses were completed two weeks ahead of schedule.

6

The handover day was a resounding success, symbolizing a significant milestone in our journey. It not only provided secure homes for the children and their families but also marked the beginning of envisioning the next phase of our project. The joy and relief on the faces of the children and caregivers were palpable as they received the keys to their new homes, furnished with care to ensure comfort and dignity.

Furthermore, the positive momentum generated from the handover day empowered us to deepen our engagement with the local community and stakeholders. It sparked renewed enthusiasm among volunteers, local leaders, and partners, who recognized the tangible impact of our collective efforts. Discussions about the village's integration into the broader community infrastructure began, exploring opportunities for sustainable development and inclusive growth.

Throughout the project, community engagement played a pivotal role. Local residents were actively involved in discussions about the village's development and contributed valuable insights into the needs of the children and families. Community meetings and feedback sessions helped shape the project's direction and fostered a sense of ownership among stakeholders.

Healthcare initiatives have also been integral to our comprehensive support system, ensuring the holistic well-being of every child and family in the village. Regular medical check-ups, vaccinations against preventable diseases, and robust health education programs have been pivotal in safeguarding the health of the community.

These initiatives go beyond immediate medical needs, promoting a culture of proactive health management and preventive care. Through partnerships with local healthcare providers and clinics, we've been able to offer timely interventions and treatments, addressing common health issues prevalent in the region.

By prioritizing healthcare as a cornerstone of our mission, we aim not only to mitigate health risks but also to foster a thriving, healthy living environment where children can grow and thrive. These efforts are part of our commitment to building a sustainable future for the village, ensuring that every individual has access to essential healthcare services that empower them to lead healthy and fulfilling lives.

In September 2022, as the completion of our housing project neared, we celebrated a significant milestone: the children old enough to attend school began their educational journey. For many of these children, it was their first time entering a classroom, starting with minimal to prior reading and writing skills. The excitement and anticipation among the children were palpable as they embarked on this new chapter of their lives.

7

To support their transition to school, we implemented a comprehensive daily routine. Each morning, the children attended classes, eagerly absorbing new knowledge and experiences. After school, they returned to the initial site we built, where they enjoyed nutritious meals, engaged in homework and revision, and participated in playtime. This balanced routine ensured that their educational needs were met while also providing opportunities for physical activity and social interaction.

Understanding the importance of safety and convenience, we arranged reliable transportation for the children. This service ensured they were safely dropped off at school in the morning, picked up in the afternoon, and returned to their homes in the evening. The transportation arrangement not only facilitated their daily commute but also provided peace of mind to their caregivers.

Since starting school, the educational progress of the children has been remarkable. Regular assessments and personalized support from dedicated teachers and caregivers have significantly enhanced their academic skills and social interactions. Many children, who initially struggled with basic literacy and numeracy, have shown substantial improvements, demonstrating increased confidence and enthusiasm for learning.

The impact of the Lumumba Village project has already made a positive impact on the local economy. Job creation during the construction phase provided immediate employment opportunities, while ongoing skills development and economic empowerment initiatives have contributed to the community's resilience and growth. The introduction of sustainable agricultural practices has not only ensured food security but also created surplus produce that can be sold in local markets, generating additional income.

In conclusion, while external challenges have interrupted the second phase of the project, its success is evident in the improved lives of the families and caregivers residing in the village. The new homes and supportive community environment have provided a foundation for stability and growth.

8

Congo Kinshasa

In Congo Kinshasa, we continued to support the Les Enfant D'abord center, ensuring that all 40 children were enrolled in education, receiving adequate food provisions, and living in an improved infrastructure of the children's home. Our efforts included not only providing the essentials but also enhancing the overall quality of life for the children. This involved upgrading the facilities to create a safer and more nurturing environment, and offering educational resources and extracurricular activities to support the holistic development of each child.

During our time supporting the center, the heads of Les Enfant D'abord center were additionally working closely with other partners to maximize their impact and combined efforts. This collaborative approach allowed them to leverage diverse resources and expertise, ensuring that the children received comprehensive care and opportunities for growth.

As the center became more stable and self-sufficient, our charity made a strategic decision to phase out of the partnership. This transition was carefully planned to ensure a smooth handover and continued support for the children. By stepping back, we enabled the Les Enfant D'abord center to fully collaborate with its remaining partners and continue its mission independently. This move was guided by our commitment to sustainable development and empowerment, allowing the center to thrive with the support of its dedicated partners.

Our phased withdrawal also opened up new opportunities for us to allocate resources and focus on other areas in need. We are proud of the progress made at the Les Enfant D'abord center and confident in its continued success under the guidance of its capable partners.

10

Financial Overview

The financial summary for I Heart Africa provides a detailed overview of our expenditure across various critical areas. The most significant portion of our budget was allocated to the Goma Volcano Relief Rebuild Project, reflecting our commitment to addressing the urgent needs of those affected bythe volcanic eruption. Following this, substantial funds were directed towards Congo Operations, encompassing various support activities and initiatives within the region.

Education Provision and Food Provision were also key areas of investment, ensuring that children under our care receive quality education and adequate nutrition. Wages accounted for a moderate share of our expenditure, highlighting our dedication to compensating our staff fairly for their crucial roles in executing our mission.

Overall, this financial overview underscores our strategic allocation of resources to maximize impact and support the holistic development and recovery of the communities in Congo.

I Heart Africa Spenditure Overview

----- Start of picture text -----
£30,000.00
£25,000.00
£20,000.00
£15,000.00
£10,000.00
£5,000.00
-
£- - - [■]
• [■]
Education Wages Food UK Goma Kinshasa Congo Medical
Provision Provision Operations Volcano Operations Operations Provision
Relief Rebuild
Project
----- End of picture text -----

11

Thoughts For The Year Ahead

Looking ahead, our focus is on achieving long-term financial sustainability for the Lumumba village. We recognize that building a self-sustaining community is vital for reducing dependence on external support and fostering independence. To this end, our plans include establishing various incomegenerating activities tailored to the local conte)(t and resources. These activities encompass agricultural projects, artisanal crafts, and small-scale enterprises that leverage the skills and talents of village residents.

A key component of our strategy is additionally providing vocational training for caregivers and other community members. This training aims to equip individuals with marketable skills that can lead to sustainable employment and entrepreneurship. By offering courses in trades such as carpentry, sewing, agriculture, and small business management, we empower residents to become economically self-sufficient and contribute to the village's overall prosperity.

Forging partnerships with local businesses is another crucial aspect of our approach. By collaborating with local enterprises, we aim to create a network of support and opportunities for the village. These partnerships can lead to internships, apprenticeships, and job placements for trained residents, thereby integrating the village into the broader economic fabric of the region.

I Heart Africa remains steadfast in its commitment to providing ongoing support to 30 underprivileged children every day, offering them a safe environment to grow, learn, and thrive.

Our continued efforts will focus on expanding educational and vocational opportunities, enhancing healthcare services, and fostering economic empowerment initiatives. By doing so, we aim to ensure that Lumumba Village not only survives but thrives as a beacon of hope and resilience, showcasing the transformative power of community-driven development.

12

Special Thanks

We extend our heartfelt gratitude to the extraordinary individuals and organizations who have generously contributed their time, resources, and effort to our project in Goma, Congo DRC. Your unwavering support and dedication have made it possible to transform the lives of countless families in the Congo DRC.

We are particularly grateful to Sukinah Musafiri, Kehlani, Cara Delevingne, Anwar Hadid, Che Kothari, Raghav Juyal, Tiffany Haddish, Lenny Kravitz, Kyrie Irving, Keri Hilson, Mya, Ethan Cutkosky, Machel Montano, Antoine Dixon-Bellot, Michael Jarman, and Kumbuka Kasereka. Your contributions have been instrumental in building a secure, nurturing environment for the children and their caregivers.

The success of our housing project is a testament to the power of collective action and the spirit of community. The houses, now a beacon of hope for the residents, symbolize not just physical structures, but the promise of a brighter future. The joy a-nd relief on the faces of the children and caregivers as they received the keys to their new homes were palpable, marking a significant milestone in our journey. This achievement would not have been possible without the collaborative efforts and unwavering commitment of all our supporters.

Thank you for helping us create a lasting impact!

13

I HEART AFRICA LTD

Company Registration Number:

11975966

1176321

Registered Charity No.

Independent Examiner's report on the financial statements To the trustees of 1 Heart Africa Ltd

I report on the financial statements for the year ended 30 June 2023 set out on pages 15-19.

This report is made solely to the Trustees of 1 Heart Africa Ltd, as a body, in accordance with regulations made under section 145 of the Charities Act 2011 and Charity SORP {frsse). My work has been undertaken so that I might state to the Trustees matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and charity's trustees for my independent examination work, for this report, or for the statement I have given below.

Respective responsibilities of Trustees and independent examiner

As Charity trustees for the purposes of charity law, are responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the Charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

• a) examine the accounts under section 145 of the 2011 Act;

• b) follow the procedures laid down in the general Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and

• c) state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with the 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 you as 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, 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.

Charles Osei, BSc (Hons), MSc, ACIE, AFA, ATA, MCIPP Practical Accounting Training Ltd, 10 Woolwich New Road, London SE18 6AB

Date

14

11975966

Company Registration Number:

1176321

Registered Charity No.

BALANCE SHEET AS AT 30 JUNE 2023 Fixed Assets Tangible Assets Investments Current Assets Debtors AccruedIncome Cash at bank and in hand Creditors: Amount due within One Year Net Current Assets Total Assets less Current Liabilities Net Assets Reserves General Funds Restricted Funds Total Funds	Notes 4		2022(2023 £_ 152,308 (1,000) 151,308 151,308 140,649 10,659 151,308	2021,2022 £ 31,815 (800) 31,015 31,015 20,356 10,659 31,015	2021,2022 £ 31,815 (800) 31,015 31,015 20,356 10,659 31,015	2021,2022 £ 31,815 (800) 31,015 31,015 20,356 10,659 31,015
						31,015
						20,356 10,659
						31,015

The charitable company is entitled to exemption from audit nuder Section 477 of the Companies Act 2006 for the year ended 30 June 2023

The members have not required the company to obtain an audit of its financila statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

• (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

• (b) preparing financial statements which which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for the each financila year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.

Approved by the Board of Trustees on.

and signed on their behalf by:

Ranes Formosa Trustee

15

1 HEART AFRICA LTD

11975966

1176321

Company Registration Number:

Registered Charity No.

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2023

Notes Resources Arising Donations 5 Income fromCharitable Activities OtherIncome Total Income Direct Charitable Expenditure 6 Total Expenditure Resources retained for further use Transfer between Funds Net Movement in Funds Reconciliations of Funds Brought forward 01 May 2022 Carried forward 30 June2023	Unrestricted Restricted Funds Funds £ £	2022/2023 Total Funds £	2021/2022 Total Funds £ 16,516 104,900
	50,000 225,136 0	50,000 225,136 275,136 154,842
	225,136 50,000 51,680 103,162		121,416 128,575
	51,680 103,162 173,455 (53,162) (53,162) 53,162 120,293 0 20,356 10,659 140,649 10,659	154,842 0 120,293 31,015 151,308	128,575 (7,159) 38,174 31,015

16

1 HEART AFRICA LTD

Company Registration Number:

11975966

Registered Charity No. 1176321

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2023

1. Accounting Policies

Basis of Preparation.

These accounts have been prepared on an accrual basis and include income and expenditure as they are earned or incurred, rather than as cash received or paid. The recommendations of the Financial Reporting Standard applicable in the UK and Republic of Ireland (frsse) and Charities Act 2011 have been followed.

Fund Accounting.

The general funds consist of funds that the Trustees may use for 1 Heart Africa's charitable purposes at their discretion.

The restricted funds are those where the donor has imposed restrictions on the use of the funds, which are legally binding. Restricted funds held in reserve at the end of the year represent income received from donors to be spent within the following year. Details of these funds are set out on the separate schedule in Note 5.

Voluntary Income

All voluntary income and donations are recognised and included in the accounts as they are received.

Direct Charitable Expenditure.

Direct charitable expenditure comprises all costs incurred in running the Charity that are directly attributable to the Charity's projects.

Governance costs

Include those costs associated with meeting the constitutional and statutory requirements of the charity.

Fund-raising Expenditure.

Fund-raising expenditure comprises costs incurred in inducing people or organisations to contribute financially to the Charity's work and includes a share of office overheads.

17

1 HEART AFRICA LTD

Company Registration Number: 11975966 Registered Charity No. 1176321 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

2Debtors Amounts Due within One Year Amountinvoiced butnot paid 3Accrued Income Amounts Due within One Year Pre-payments 4Creditors Amounts Due within One Year Accruals 5 Incoming Resources 2022/2023 2022/2023 Unrestricted Restricted £ £ Net - A -Porte Fruits n Rootz ArrigazziJuarez Chetan Kothari OtherIncome 225,136 Michael Jarman 5,000 Lenny Kravitz 20,000 Cara Delavigne 25,000 Total 225,136 50,000	Amounts Due within One Year Amountinvoiced butnot paid Amounts Due within One Year Pre-payments Amounts Due within One Year Accruals 2022/2023 2022/2023 Unrestricted Restricted £ £ 225,136 5,000 20,000 25,000	Amounts Due within One Year Amountinvoiced butnot paid Amounts Due within One Year Pre-payments Amounts Due within One Year Accruals 2022/2023 2022/2023 Unrestricted Restricted £ £ 225,136 5,000 20,000 25,000	2022/2023 E O 2022/2023 £ O 2022/2023 £ 1,000 2022/2023 2021/2022 Total Total £ £
		5,000 20,000 25,000	1,882. 4,667 4,300 4,667 225,136 104,900 5,000 20,000 25,000
		50,000	275,136 121,416

18

1 HEART AFRICA LTD

Company Registration Number:	11975966
Registered CharityNo.	1176321

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

6 Resources Expended Food Education Medical fees StaffPay Goma VolvanoReliefRebuildProject Kinshasa Refurbishment CongoProjectAdministration UKOperations Kinshasa Operations USAOperations and wewillrise Wages Maketing Totals		2022/2023 2022/2023 2022/2023 Unrestricted Restricted Total £ £ £	2021/2022 Total £
		5,532 5,532 4,300 4,300 500 500 83,402 83,402 4,984 4,984 3,300 3,300 1,144 1,144 6,415 6,415 43,234 43,234 2,031 2,031	4,827 4,323 974 2,415 107,512 239 6,171 2,114 128,575
		51,680 103,162 154,842

19