This charity does not have a Registered Company Number
The Charity Registration Number is :- 1124885
Afro Innovation Group
Report and Accounts
31 March 2025
## **Afro Innovation Group**
## **Report and accounts**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Trustees' Annual Report**||1|
|**Independent Examiner's Report**||7|
|**_Funds Statements:-_**|||
|Statement of Financial Activities||9|
|Statement of Financial Activities - Prior Year statement||10|
|**Balance sheet**||11|
|**Cash flow statement**||12|
|**Notes to the accounts**||11|
## **The Trustees of the Afro-Innovation Group present their Annual report and Independently Examined Financial Statements for period ended 31st March 2025.**
## **Reference and Administrative Details of the Charity**
**Charity Name:** Afro Innovation Group (AIG) **Registered Address:** Floor 6, 60 Charles Street, Leicester, LE1 1FB **Legal Structure:** Charitable Incorporated Organisation (CIO) **Date of Incorporation:** July 2008 **Governing Document:** Constitution adopted June 2008
## **Names of the charity trustees who manage the charity:**
Miss Annette Ngalula Mr Deville Poto-Moto Ms Taysir Al-Fayed Miss Nejah Alwich Miss Catherine Baroi Mr Nicholas Babunga Miss Lilian Rudo Mukundi Mr Rwakasihi Marembo
AIG is managed by a committed Board of Trustees who bring lived experience, professional expertise, and strong links to the communities we serve. The charity's registered office in central Leicester ensures accessibility and visibility to our target beneficiaries. Trustees meet quarterly to provide strategic leadership and oversight.
## **Structure, Governance and Management**
AIG operates under a constitution as a Charitable Incorporated Organisation (CIO). Governance is provided by a Management Committee made up of trustees who are elected by the membership at the Annual General Meeting (AGM). Trustees serve on a voluntary basis and are recruited based on their skills, community insight, and alignment with AIG's mission.
The Board is supported by a professional staff team of five and over 30 active volunteers. AIG invests in trustee development and ensures that governance structures comply with Charity Commission guidelines. Subcommittees focus on areas such as finance, safeguarding, fundraising, and human resources.
We are proud to maintain strong collaborative relationships with other charities, local authorities, and statutory bodies to deliver on our charitable purposes. Our governance structure continues to evolve as we strengthen internal systems and grow our reach.
## **Objects and Aims of the Charity**
AIG exists to promote the social inclusion, wellbeing, and integration of refugees, asylum seekers, and migrants in Leicester, Leicestershire, and beyond. The charity also supports international development initiatives in Africa, particularly the Democratic Republic of Congo.
The objects of the charity are:
- 2.1 To relieve poverty, financial hardship, and unemployment
- 2.2 To support the physical and mental health of marginalised individuals
- 2.3 To advance education and training
- 2.4 To promote equality and reduce isolation through community-based activities
- 2.5 To empower individuals, especially women, youth, and people with disabilities.
- 2.6 To support vulnerable communities in Africa with appropriate services and interventions
These objectives are met through a wide range of programmes and services designed to provide holistic support and empower individuals to thrive.
1
## **Activities**
## **BASE+ Project (Core Delivery)**
BASE+ remained AIG’s flagship service, supporting 4,980 individuals over the year. It provided personcentred assistance including:
•Housing support: over 1,000 housing-related cases, with 84% resulting in secure housing outcomes
• Immigration casework: 86% of supported cases achieved positive legal outcomes including statu recognition, appeals, and family reunification
• Mental health: 209 individuals accessed culturally competent wellbeing support, including counselling group sessions, and crisis interventions
• Employment and skills: 75 people gained employment, 10 became self-employed, and 71 accesse accredited training
• Welfare advice: Over 300 individuals were supported with PIP, Universal Credit, and hardship gra applications
Outreach clinics in Hinckley and rural areas helped us reach communities otherwise cut off from mainstream support.
## **Youth and Volunteer Engagement**
AIG supported over 30 volunteers in befriending, admin, and peer support roles. Young people were a key focus, with new mentoring programmes and employment readiness sessions launched.
Youth benefitted from leadership and confidence-building workshops
Volunteers reported increased confidence, skills, and readiness for employment
## **Women’s Empowerment**
The Women Together project continued to support over 400 women annually:
Peer-led workshops on entrepreneurship, mental health, and integration Domestic abuse referrals and culturally safe interventions
Increased financial independence and reduced isolation
## **Arts and Advocacy**
Delivered inclusive music and performance sessions promoting trauma recovery and inclusion Collaborated with schools and community groups to raise awareness of migrant stories Led campaigns to influence policy on housing, legal rights, and service access
## **5. Challenges and Learning**
Several challenges affected delivery this year:
**Staffing pressures** due to high demand across Leicester and regional sites **Delayed immigration decisions** resulted in prolonged destitution and increased mental health cases **Cost-of-living crisis** placed added strain on clients, particularly around housing and energy bills **Underuse of monitoring systems** in early months; addressed through dedicated training and compliance roles
## **Key learning outcomes:**
Data systems must be embedded from project outset Long-term, trauma-informed engagement is essential for trust-building Volunteers are a critical component of delivery and organisational resilience
## **– 6. Future Plans (2025 2026)**
AIG will continue implementing the **Strategic Framework 2025** , focusing on the following priorities:
**Secure a permanent community hub** in Leicester through community asset transfer negotiations
2
**Expand BASE+ and Sound Project** delivery in new locations including rural Leicestershire and underserved urban areas
**Diversify income** through trading, unrestricted giving, and corporate sponsorships
**Grow youth engagement** through peer-led campaigns on domestic violence, education, and advocacy
**Enhance global solidarity** by deepening partnerships and programming in DRC and exploring outreach in other African countries
**Strengthen monitoring and evaluation** with investment in CRM and reporting tools
## **Financial review**
The Trustees aim to apply all income to charitable activities and maintain reserves at a minimum level to manage cash flow. The Trustees do not commit to any expenditure until they have secured funding. We have decided to start fundraising under the housing project to enable its implementation.
This Report was approved by the Trustees of the management committee:
## **7. Declaration**
The trustees declare that they have approved this report in accordance with the requirements of the Charities Act 2011.
## **Signed on behalf of the trustees:**
**Secretary:** Lilian Rudo Mukundi
**Vice Chair:** Rwakasihi Marembo
Date of Approval 11/07/2025
## **Details of The Independent Examiner**
Jitender Kaur Fairfax Tax and Accounts Member of ICAEW 9 Stoughton Road Oadby Leicester LE2 4DS
3
## **Afro Innovation Group**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2025**
I report on the financial statements of the charity on pages 7 to 19 for the year ended 31 March 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102 (effective January 2015) adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales, effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out on page 11.
## **Respective responsibilities of Trustees and Independent Examiner**
As described on page 1-3, the charity's Trustees are responsible for the preparation of the accounts.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing documents of the charity for the conducting of an audit. As a consequence, theTrustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible for independent examination, it is my responsibility to:-
- a) examine the accounts under section 145 of the Act;
- b) follow the procedures in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
- c) state whether particular matters have come to my attention.
## **Basis of Examiner's Statement and scope of work undertaken**
I conducted my examination in accordance with the General Directions issued by the Charity Commission for England & Wales, under section 145(5)(b) of the Act, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
## **Independent Examiner's Statement, Report and Opinion**
Attention is drawn to the accounting policy stating that, notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, and in order to accord with current best practice, the Trustees have determined to prepare the financial statements in accordance with the FRS 102 SORP 2015. I concur with this approach, and any references in my report to the regulations should be read subject to this comment.
4
## **Afro Innovation Group**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination, I can confirm that :-
This is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable;
and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements :-
to keep accounting records in accordance with section 130 of the Charities Act 2011;
when preparing accounts on an accruals basis under s132 of the Charities Act 2011, to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and the 2015 Regulations setting out the form and content of charity accounts;
that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities (effective January 2015)
have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
Jitender Kaur - Independent Examiner
9 Stoughton Road Oadby Leicester LE2 4DS
This report was signed on 7 August 2025
5
## _**Statement of Financial Activities for the year ended 31 March 2025**_
|**Income & Endowments from:**
Grants,Donations & Legacies
Charitable activities
Investments
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income/(expenditure) for the year**
**Net income after transfers**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
65,242
-
2,346
**67,588**
5,425
131,175
**136,600**
**(69,012)**
**(69,012)**
**(69,012)**
154,314
**85,302**|**Current year**
**Restricted**
**Funds**
**2025**
**£**
255,483
-
-
**255,483**
-
173,038
**173,038**
**82,445**
**82,445**
**82,445**
4,000
**86,445**|**Current year**
**Total Funds**
**2025**
**£**
**320,725**
**-**
**2,346**
**323,071**
**5,425**
**304,213**
**309,638**
**13,433**
**13,433**
**13,433**
**158,314**
**171,747**|**Prior Year**
**Total Funds**
**2024**
**£**
10,530
228,931
1,287
**240,748**
-
247,588
**247,588**
**(6,840)**
**(6,840)**
**(6,840)**
165,154
**158,314**|
|---|---|---|---|---|
**Afro Innovation Group - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**Income & Endowments from:**
Grants,Donations & Legacies
Charitable activities
Investments
Other
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net income/(expenditure) for the year**
**Net income after transfers**
**Reconciliation of funds:-**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**|**Prior Year**
**Unrestricted**
**Funds**
**2024**
**£**
3,530
40,000
1,287
-
-
44,817
55,583
**55,583**
(10,766)
(10,766)
**(10,766)**
165,080
**154,314**|**Prior Year**
**Restricted**
**Funds**
**2024**
**£**
7,000
188,931
-
-
195,931
192,005
**192,005**
3,926
3,926
**3,926**
74
**4,000**|**Prior Year**
**Total Funds**
**2024**
**£**
**10,530**
**228,931**
**1,287**
**-**
240,748
**247,588**
**247,588**
**(6,840)**
(6,840)
**(6,840)**
**165,154**
**158,314**|
|---|---|---|---|
6
## **Afro Innovation Group - Balance Sheet as at 31 March 2025**
||Notes||**2025**||**2024**|
|---|---|---|---|---|---|
||||**£**||**£**|
|**Fixed assets**||||||
|Tangible assets|7||2,325||2,835|
|**Current assets**||||||
|Cash at bank and in hand||170,817||158,210||
|**Creditors: amounts falling due within**||||||
|**one year**|8|(1,395)||(2,731)||
|**Net current assets**|||169,422||155,479|
|**The total net assets of the charity**|||171,747||158,314|
|**The total net assets of the charity are**|**funded by the funds of the**||**charity, as follows:-**|||
|**Restricted funds**||||||
|Restricted Revenue Funds|10||86,445||4,000|
|**Unrestricted Funds**||||||
|Unrestricted Revenue Funds|10||85,302||154,314|
|**Total charity funds**|||171,747||158,314|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the examiner is on page 6.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Rwakasihi Marembo (Aug 8, 2025 11:37:01 GMT+1)
Rwakasihi Marembo Trustee Approved by the board of trustees on 5 August 2025
## **The notes attached on pages 11 to 19 form an integral part of these accounts.**
7
## **Afro Innovation Group**
## **Cash Flow Statement for the year ended 31 March 2025**
|**Cash flows from operating activities**
Net cash provided by /(used in ) operating activities as shown
below
**A**
**_Cash flows from investing activities_**
Interest received
Purchase of property, plant and equipment
**Net cash provided by /(used in )investing activities**
**B**
**_Cash flows from financing activities_**
**Net cash provided by financing activities**
**C**
**Overall cash provided by /(used in )all activities**
**Cash movements**
Change in cash and cash equivalents from activities in the
year ended 31 March 2025
Cash and cash equivalents at 1 April 2024
**Cash at bank and in hand less overdrafts at 31 March**
**A+B+C**|**2025**
**£**
10,261
2,346
-
**2,346**
**-**
**12,607**
12,607
158,210
**170,817**|**2024**
**£**
(7,128)
1,287
(3,544)
**(2,257)**
**-**
**(9,385)**
(9,385)
167,595
**158,210**|
|---|---|---|
8
## **Afro Innovation Group**
## **Cash Flow Statement for the year ended 31 March 2025**
## **Afro Innovation Group**
## **Cash Flow Statement for the year ended 31 March 2025 - Continued**
## **Reconciliation of net income/(expenditure) to net cash flow from operating activities**
|Net income/(expenditure) as shown in the Statement of Financial Activitie
13,433
**_Adjustments for :-_**
Depreciation charges
510
Dividends, interest and rents from investments
(2,346)
(Decrease)/increase in creditors, excluding loans
(1,336)
**Net cash provided by /(used in ) operating activities**
**A**
**10,261**
**Analysis of cash and cash equivalents**
**2025**
**£**
Cash in hand at for the year ended 31 March 2025
170,817
**Total cash and cash equivalents**
**170,817**|(6,840)
709
(1,287)
290
**(7,128)**
**2024**
**£**
158,210
**158,210**|
|---|---|
9
## **Afro Innovation Group**
## **Notes to the Accounts for the year ended 31 March 2025**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 (effective January 2015)) and 'The FRS102 Statement of Recommended Accounting Practice 2015', (The SORP 2015), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP 2015 in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Risks and future assumptions**
The accounts have been prepared on a going concern basis on the assumption that grant income from funding bodies will continue to be received.
## _**Policies relating to categories of income and income recognition.**_
## **Nature of income**
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## **Income recognition**
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
## **Accounting for deferred income and income received in advance**
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
10
## **Afro Innovation Group**
## **Notes to the Accounts for the year ended 31 March 2025**
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## **Volunteers**
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers.
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value ov estimated useful lives.
Plant and machinery 20 % straight line Motor vehicles 18 %reducing balance
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Financial instruments including cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **Pensions - defined contribution schemes**
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
11
## **Afro Innovation Group**
## **Notes to the Accounts for the year ended 31 March 2025**
## **2 Liability to taxation**
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Net surplus before tax in the financial year**
|Depreciation of owned fixed assets
**Staff costs and emoluments**
**_Salary costs_**
Gross Salaries excluding trustees and key management personnel
Trustees' Remuneration as detailed in note 0
**Total salaries, wages and related costs**
**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was
The net surplus before tax in the financial year is stated after charging:-|**2025**
**£**
510
**2025**
**£**
328,418
-
**343,229**
**2025**
5|**2024**
**£**
709
**2024**
**£**
98,000
-
**104,694**
**2024**
4|
|---|---|---|
## **5 Staff costs and emoluments**
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **6 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
12
## **Afro Innovation Group**
## **Notes to the Accounts for the year ended 31 March 2025**
## **7 Tangible fixed assets**
|**Cost**
At 1 April 2024
**At 31 March 2025**
**Depreciation**
At 1 April 2024
Charge for the year
**At 31 March 2025**
**Net book value**
At 31 March 2025
At 31 March 2024
**8 Creditors: amounts falling due within one year**
Accruals
Corporation tax
PAYE, NIC VAT and other taxes
Other creditors|**Land and**
**Buildings**
£
-
**-**
-
-
**-**
**-**
**-**|**Plant &**
**Machinery**
£
**-**
-
**-**
**-**
**-**|**Motor**
**Vehicles**
£
3,544
**3,544**
709
510
**1,219**
**2,325**
**2,835**
**2025**
**£**
960
-
435
-
**1,395**|**Total**
£
3,544
**3,544**
709
510
**1,219**
**2,325**
**2,835**
**2024**
**£**
960
-
1,771
-
**2,731**|
|---|---|---|---|---|
## **9 Particulars of how particular funds are represented by assets and liabilities**
|**_At 31 March 2025_**
Tangible Fixed Assets
Current Assets
Current Liabilities
**At 1 April 2024**
Tangible Fixed Assets
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
2,325
85,987
(1,395)
**86,917**
**Unrestricted**
**funds**
**£**
2,835
154,210
(2,731)
**154,314**|**Designated**
**funds**
**£**
-
-
-
**-**
**Designated**
**funds**
**£**
-
-
-
**-**|**Restricted**
**funds**
**£**
-
84,830
-
**84,830**
**Restricted**
**funds**
**£**
-
4,000
-
**4,000**|**Total**
**Funds**
**£**
**2,325**
**170,817**
**(1,395)**
**171,747**
**Total**
**Funds**
**£**
**2,835**
**158,210**
**(2,731)**
**158,314**|
|---|---|---|---|---|
13
## **Afro Innovation Group**
## **Notes to the Accounts for the year ended 31 March 2025**
**10 Change in total funds over the year as shown in Note 9 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted revenue funds
**Total unrestricted and designated funds**
**_Restricted funds:-_**
Restricted Revenue Funds : National Lottery
Reaching Communities funding
**Total restricted funds**
**Total charity funds**|**£**
154,314
**154,314**
4,000
**289,715**
**444,029**
**Funds**
**brought**
**forward from**
**2024**|**See Note 11**
**£**
(69,012)
**(69,012)**
82,445
**82,445**
**13,433**
**Movement in**
**funds in 2025**|**£**
-
**-**
-
**-**
**-**
**Transfers**
**between**
**funds in**
**2025**|**£**
**85,302**
**85,302**
**86,445**
**372,160**
**457,462**
**Funds carried**
**forward to**
**2026**|
|---|---|---|---|---|
**11 Analysis of movements in funds over the year as shown in Note 10**
|**_Unrestricted and designated funds:-_**
Unrestricted revenue funds
Restricted Revenue Funds|**Income**
**2025**
**£**
67,588
255,483
**323,071**|**Expenditure**
**2025**
**£**
(136,600)
(173,038)
**(309,638)**|**Other**
**Gains &**
**Losses**
**2025**
**£**
-
-
**-**|**Movement**
**in funds**
**2025**
**£**
**(69,012)**
**82,445**
**13,433**|
|---|---|---|---|---|
## **12 The purposes for which the funds as detailed in note 10 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
Unrestricted revenue funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
Restricted Revenue Funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.
## **13 Ultimate controlling party**
The charity is under the control of its legal members.
14
## **Afro Innovation Group**
## **Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
|**14 Donations and Legacies**
**Donations and gifts from individuals**
Small donations individually less than £1000
Albert Hunt
**Total donations and gifts from individuals**|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
242
**242**|**Current year**
**Restricted**
**Funds**
**2025**
**£**
-
-
**-**|**Current year**
**Total Funds**
**2025**
**£**
**242**
**-**
**242**|**Prior Year**
**Total Funds**
**2024**
**£**
3,530
7,000
**10,530**|
|---|---|---|---|---|
||||||
|**Revenue grants from government and public bodies**
NHS Integrated Care Board (ICB)
**Revenue grants and donations from non public bodies**
**Total Donations and Legacies**
Ace Lottery
Tudor Trust
National Lottery Reaching Communities Grant
Henry Smith Charity
Small grants individually less than £1000
ESC Lottery Fund
Postcode Places
**Total public sector revenue grants**
Garfiled Weston
Immigration Appeal London
Groundwork UK TE
**Total private sector revenue grants**
Central Co-op Community Dividend
Lloyds Bank Foundation|-
**-**
40,000
25,000
**65,000**
**65,242**|-
**-**
142,698
19,650
11,350
26,285
45,500
10,000
**255,483**
**255,483**|**-**
**-**
**142,698**
**19,650**
**11,350**
**26,285**
**40,000**
**45,500**
**10,000**
**-**
**-**
**-**
**25,000**
**320,483**
**320,725**|21,175
**21,175**
-
133,800
40,000
22,500
10,000
80
1,000
376
-
**207,756**
**228,931**|
||||||
|**15 Investment income**
Bank Interest Receivable|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
2,346|**Current year**
**Restricted**
**Funds**
**2025**
**£**
-|**Current year**
**Total Funds**
**2025**
**£**
**2,346**|**Prior Year**
**Total Funds**
**2024**
**£**
1,287|
15
## **Afro Innovation Group**
## **Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015**
## **16 Expenditure on charitable activities - Direct spending**
|**Total direct spending**
Consultancies and Sub contract Payments
Sessional Workers
Defined contribution pension costs - charitable
activities
Professional Indemnity insurance
Travel and Subsistence - Charitable Activities
Marketing and advertising of charitable services
Employers' NI - Charitable activities
Gross wages and salaries - charitable activities
Volunteer and Staff Expenses
Sponsorship Workers
Community Integrations, Events, Art
Performances
Capabilities and Training Cost
Covid Support|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
12,838
-
-
683
-
6,428
-
27,940
10,811
-
-
-
-
**58,700**|**Current year**
**Restricted**
**Funds**
**2025**
**£**
152,801
8,363
3,224
-
5,317
-
-
-
-
-
-
-
-
**169,705**|**Current year**
**Total Funds**
**2025**
**£**
**165,639**
**8,363**
**3,224**
**683**
**5,317**
**6,428**
**-**
**27,940**
**10,811**
**-**
**-**
**-**
**-**
**228,405**|**Prior Year**
**Total Funds**
**2024**
**£**
98,000
4,503
2,191
5,974
4,736
12,820
3,900
20,948
14,122
5,747
-
1,284
21,302
**195,527**|
|---|---|---|---|---|
||||||
|**17 Expenditure on charitable activities- Grant funding of activities**
**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
6,050
**Total grantmaking costs**
**6,050**
**18**
**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
**_Volunteer costs_**
422
**Support costs for charitable activities**
Volunteers' expenses
Development Grant||**Current year**
**Restricted**
**Funds**
**2025**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2025**
**£**
3,333|**Current year**
**Total Funds**
**2025**
**£**
**6,050**
**6,050**
**Current year**
**Total Funds**
**2025**
**£**
**3,755**|**Prior Year**
**Total Funds**
**2024**
**£**
22,820
**22,820**
**Prior Year**
**Total Funds**
**2024**
**£**|
16
## **Afro Innovation Group**
## **Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015**
|**_Premises Expenses_**
Insurance
**_Administrative overheads_**
**Total support costs**
**19 Other Expenditure - Governance costs**
Depreciation & Amortisation in total for the period
Venue Hire
Rent payable under operating leases
Cleaning and waste management
Premises repairs, renewals and
maintenance
Bank Charges
Telephone, fax and internet
Other legal and professional
Software licences and expenses
Office/General Adminstrative Expenses
Fundraising Consultancy Costs
Accountancy fees
Equipment expenses
Light heat and power|28,801
1,508
2,566
5,205
-
151
1,914
-
14,407
3,013
5,425
7,478
510
**71,400**|-
-
-
-
-
-
-
-
-
**3,333**|**28,801**
**-**
**1,508**
**2,566**
**5,205**
**-**
**-**
**151**
**1,914**
**-**
**14,407**
**3,013**
**5,425**
**7,478**
**510**
**74,733**|9,878
1,110
1,451
2,455
2,668
583
97
2,943
1,353
1,690
-
3,944
709
**28,881**|
|---|---|---|---|---|
|Independent Examiner's fees|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
450|**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**450**
360|
|---|---|---|
||||
|**20 Total Charitable expenditure**
Total direct spending
Total grantmaking costs
Total support costs
Total Governance costs
_Total charitable expenditure_|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
58,700
6,050
71,400
450
**136,600**|**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2024**
**£**
**£**
**£**
169,705
**228,405**
195,527
-
**6,050**
22,820
3,333
**74,733**
28,881
-
**450**
360
**173,038**
**309,638**
**247,588**|
17