2024-04-05-accounts - Arbitration Fund For African Students

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	05	April	2023		05	April	2024
From				To

Section A Reference and administration details

Charity name ARBITRATION FUND FOR AFRICAN STUDENTS

Other names charity is known by AFAS Registered charity number (if any) 1185823 Charity's principal address FLAT 403, MARBLE ARCH APARTMENTS 11 HARROWBY STREET LONDON Postcode W1H 5PR

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Nneka Emilia Onyema	Founder		Board of Trustees
Chrispas Nyombi	Chairman		Board of Trustees
Eunice Shang- Simpson	Secretary	Until 30 September 2024	Board of Trustees
Tabitha JoyRaore	Member	-	Board of Trustees
















Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name		Dates acted if not for whole year
Nneka Emilia Onyema

TAR Sensitivity: Internal

March 2012

Chrispas Nyombi Eunice Shang-Simpson Tabitha Joy Raore

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountants	Barnett Young & Partners	15 The Broadway, Woodford Green, 1G8 0HL

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Appointed by the Board of Trustees Trustee selection methods (eg. appointed by, elected by)

(eg. trust, association, company)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Every Trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the Board of Trustees. In selecting individuals for appointment, the Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. All three of our trustees over the reporting period are British nationals from an academic/ legal practice background with a longstanding record of service. According to our Constitution, no individual can be appointed as a Trustee if they are under the age of 16 years and no one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged his or her acceptance of the office of Charity Trustee.

The Charity’s activities are organised and run by the Board of Trustees. It is the main management and decision-making body of the organisation. It consists of:

Founder: Professor Nneka Emilia Onyema (SOAS University of London) Chairman: Dr Chrispas Nyombi (University of Derby) Secretary: Eunice-Shang Simpson (Canterbury ChristChurch University) Member: Ms Tabitha Joy Raore

The Charity holds Trustees’ meetings every first Saturday of the month. There must be at least two Charity trustees present to have a quorum. The Charity undertakes its activities with the support of the Trustees. This has enabled the Charity to expand its activities, as detailed under Section

TAR Sensitivity: Internal

March 2012

D. The Charity also seeks to develop partnerships with organisations from the UK and around the world that share our common belief in equality, diversity and developing capacity in Arbitration and other forms of dispute resolution in Africa.

Section C Objectives and activities

The object of AFAS as set out in the Constitution is:

To advance education in the knowledge, skills, techniques, use and methods of arbitration by the provision of: Summary of the objects of the charity set out in its (a) funding for students in Africa to attend arbitration related conferences, governing document workshops and moots.

(b) a website that will enable information relating to arbitration to be made available and accessible to the general public.

TAR Sensitivity: Internal

March 2012

The Charity documents and its current and future events are on the AFAS website [https://afas-global.org/]. Over the course of this financial year, the Charity applied for and was awarded the sum of Euro 20,000 by Arbitral Women [https://www.arbitralwomen.org/] to enable us to deliver our AFAS ADR Student Connect Network Project in four African countries (Uganda, Ghana, Tanzania and Rwanda). This was our primary project delivered over the reporting year. Our ADR Connect project is designed to introduce arbitration and alternative dispute resolution processes to finalist students at one secondary school and to undergraduate students at one university in each of the target countries, over a three-day period in-country. The funds we received from Arbitral Women contributed to the cost of flights, accommodation for our team, and lunch for the students. We delivered the project in Ghana (11-14 April 2024); Uganda (18-20 April 2024); Tanzania (14-16 November 2024) and Rwanda (20-22 November 2024). We sent a report and receipts for costs to Arbitral Women at the end of each project.

Over the summer of 2024, AFAS delivered its first virtual summer school over six Saturdays (6 July to 10 August 2024) to the student members of Summary of the main its ADR Connect clubs. This attracted a total of 150 students from GIMPA activities undertaken for the University (Ghana), Makerere University (Uganda), Young Arbiters club public benefit in relation to University of Nairobi (Kenya), Our Lady of Good Counsel Gayaza these objects (include within (Uganda), Legacy Girls College (Ghana). this section the statutory declaration that trustees have The Charity continues to generate its income from contributions by some had regard to the guidance of its trustees. It expects to receive a surplus from the savings its trustees issued by the Charity will make from co-sponsoring the ADR Connect project through eg Commission on public paying for their hotel accommodations. benefit) The Charity from 2024 committed to support students to attend the moots through Africa in the Moot annually with the sum of Euro1,500 and to discontinue individual funding of students or groups to moots and conferences. The Charity gave a three-year commitment to support Africa in the Moot in this sum.

To further enhance the reach of our activities and to leverage on additional support, the Board of Trustees agreed at its Board meeting on [29 June 2024] to set up an Advisory Board which will provide additional guidance and accountability to the trustees and support the delivery of their projects. The Advisory Board is composed of the following 12 members (11 lawyers and 2 non-lawyers): Ms Esine Okudzeto (chair), Dr Nuhu Yidana, Dr Amel Maklouf, Mr Jeffry Kaddu, Mr Likanda Kalaluka SC, Mr Alpay Beler, Ms Kate Emuchay, Mr Isaiah Bozimo SAN, Dr Sylvie Bebohi, Dr Abayomi Okubote, Ms Alexandra, Ms Rose Rameau, Mr Thierry Ngoga. The Advisory Board will be inaugurated in January 2025.

All our Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional details of objectives and activities (Optional information)

TAR Sensitivity: Internal

March 2012

During this financial year, the Charity has largely depended on the goodwill of our Trustees and the support of the international arbitration community to carry out its core activities as exemplified by the summer school taught by the following colleagues: Prof Chrispas Nyombi, Mr Jeffrey Kaddu, Mrs Sola Adegbonmire, Mr Jonathan Ripley-Evans, Ms Fiorella Noriega del Valle, Dr Nagla Nasser, Ms Tabitha Raore, and Prof Emilia Onyema.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Summary of the main The Charity has committed and successfully discharged a number of achievements of the charity projects/activities over the course of this financial year. during the year

AFAS ADR Connect project financially supported by Arbitral Women as set out above.
AFAS virtual Summer School delivered over the summer (6 July10 August 2024) through our Zoom platform to 150 students from Kenya, Uganda, and Ghana.
Composition of our Advisory Board as set out above.

TAR Sensitivity: Internal

March 2012

Section E Financial review

Brief statement of the

charity’s policy on reserves

The Charity’s finances are administered by the Founder and Chair, with oversight from the Board of Trustees. During this financial year, the charity received a Euro 20,0000 donation from Arbitral Women to deliver our ADR Connect Project.

Details of any funds materially in deficit

The Charity does not currently have a financial deficit.

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

N/A

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

None.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Nneka Emilia Onyema Full name(s) Chrispas Nyombi Position (eg Secretary, Chair, Chair Founder etc) Date 20 December 2024

TAR Sensitivity: Internal

March 2012

Charity Name No (if any) ARBITRATION FUND FOR AFRICAN STUDENTS Receipts and payments accounts For the period Period start date Period end date To from 4/6/2023 4/5/2024

CC16a

Section A Receipts and payments

Unrestricted Restricted Endowment funds funds funds

Total funds Last year

Section A Receipts and payments Unrestricted funds	Restricted funds	Endowment funds	Total funds	Last year
A1 Receipts Donations 5,825 - - - - - - - 5,825 - - Sub total - Total receipts 5,825 A3 Payments Sponsorship 1,322 Management ConsultancyFees 3,303 IT Expenses 156 Design Fee 1,366 Bank charges 77 Other expenses 497 - - - Sub total 6,721 - - Sub total - Total payments 6,721 Net of receipts/(payments) - 896 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - 896 to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	to the nearest £	to the nearest £ 5,825 - - - - - - - 5,825 - - - 5,825 1,322 3,303 156 1,366 77 497 - - - 6,721 - - - 6,721 - 896 - - - 896	to the nearest £
		- - - - - - - - -	5,825	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			5,825	-

		- - -	-
			-	-
			-	-

		-	5,825	-

		- - - - - - - - - -	1,322	-
			3,303	-
			156	-
			1,366	-
			77	-
			497	-
			-	-
			-	-
			-	-
			6,721	-

		- - -	-
			-
			-	-

		-	6,721	-

	-	- - - -	- 896	-
	-		-	-
	-		-	-
	-		- 896	-

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

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use	Details Bank balance as at 05/04/2024 Details Details Details Details *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 1,597 - - 1,597 Agreement Error to nearest £ - - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	to nearest £ - - - - OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional)	to nearest £ Endowment funds
				-
				-
				-
				-
				OK
				to nearest £ Endowment funds
				-
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				-
				-
				-
				-
				When due (optional)
			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees Signature

Date of Print Name approval