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2022-12-31-accounts

Self Help Africa (UK) (A company limited by guarantee)

Reports and Financial Statements for the financial year ended 31 December 2022

COMPANY NUMBER: 02226352 CHARITY NUMBER: 298830

SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORTS AND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

CONTENTS PAGES
TRUSTEES AND OTHER INFORMATION 2
REPORT OF THE TRUSTEES 3 – 13
TRUSTEES’ RESPONSIBILITIES STATEMENT 14
INDEPENDENT AUDITOR’S REPORT 15 – 18
STATEMENT OF FINANCIAL ACTIVITIES 19
BALANCE SHEET 20
STATEMENT OF CASH FLOWS 21
NOTES TO THE FINANCIAL STATEMENTS 22 – 37

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORTS AND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

TRUSTEES AND OTHER INFORMATION TRUSTEES Catherine Fitzgibbon (Chair) Dervla Owens Carmel Fox (resigned 28/2/2023) Mary Robinson Catherine Cottrell Geoff Meagher (appointed 29/3/2023) CHIEF EXECUTIVE OFFICER Ray Jordan (resigned 17/10/2022) David Dalton (appointed 17/10/2022, resigned 17/04/2023) Feargal O’Connell (appointed 17/04/2023) SECRETARY Peter McDevitt (resigned 13/12/2022) Melissa Jayne Thomas (appointed 13/12/2022) REGISTERED OFFICE Second Floor Suite Westgate House, Dickens Court, 25 Hills Lane Shrewsbury, Shropshire, SY1 1QU COMPANY NUMBER 02226352 CHARITY NUMBER 298830 AUDITORS Deloitte Ireland LLP Chartered Accountants and Statutory Audit Firm Deloitte & Touche House, Earlsfort Terrace Dublin 2, Ireland BANKERS Barclays Bank Plc Business Banking P.O Box 89 Shrewsbury Shropshire SY1 2WQ SOLICITORS Bates Wells Braithwaite 2-6 Cannon St London, EC4M 6YH

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES

Introduction

The trustees present their strategic report and the audited financial statements for the year ended 31 December 2022. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities, applicable to charities preparing their accounts in accordance with FRS 102.

Reference and administrative details

The reference and administrative details of Self Help Africa (UK) are fully set out on page 2.

Legal Structure

Self Help Africa (UK) is a charitable company limited by guarantee, with company registration number 02226352 and charity number 298830. It was incorporated on 2 March 1988 and established under a memorandum and articles of association.

Objectives and activities

Self Help Africa (UK) is an international development, non-governmental organisation. The main purpose of the organisation as set out in our constitution is the assistance and advancement of people in need in less developed areas of the world.

We have expertise in small-scale farming and growing family-farm businesses. We work with farmers and agricultural businesses in Africa to help them grow and sell more food, diversify their income and their diets, and make their livelihoods more sustainable and resistant to external shocks.

Self Help Africa (UK)

The activities of Self Help Africa (UK) are carried out in association with Gorta (trading as Self Help Africa). Gorta is registered in the Republic of Ireland; its company registration number is 28228 and its charity number is 20008895.

Vision, mission and values

Our vision is an economically thriving rural Africa.

Our mission is to support sustainable livelihoods for Africa’s smallholder farmers. Our core values are:

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Strategic objectives

Our primary strategic objectives are to:

Activities

We work with poor and vulnerable rural communities in sub-Saharan Africa. We support both small projects and large programmes. We seek to leverage small projects into larger programmes to maximise the extent of their positive impacts. We are respectful of the culture, needs and wishes of the communities we work with and proactively seek out their views on and participation in programme development and implementation.

We are committed to the principle of empowering communities and helping them to help themselves.. We work with local government and the business community to create sustainable linkages that last beyond the life cycle of projects.

Self Help Africa (UK) employs professional development staff and agronomists in all its countries of operation. We believe that local staff best understand the context and culture of the people we work with and are best placed to lead country programmes. We work with and through local partners from civil society, the public sector and business community and provide training and support to help them develop.

Achievements and performance

In 2022, Self Help Africa (UK) continued its work on the implementation of programmes in sub-Saharan Africa. The operational highlights of the country programmes where SHA UK’s work is implemented in conjunction with Gorta T/A Self Help Africa are detailed in the next pages.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Kenya

Kenya’s economy increased by 6 per cent in the first half of 2022, though this recovery was dampened by global commodity price shocks, the long regional drought and uncertainty in the run up to the 2022 general elections. The ongoing drought and a rise in the cost of living affected households throughout the country. Most reported a rise in essential food prices, with many unable to access staples (Rosauer, 2022). In response to inflationary pressures, the Central Bank of Kenya raised the policy rate three times from May 2022 to reach 8.75 per cent.

Throughout the year, a lack of rain affected most of the country, with the Arid and Semi-Arid Lands (ASAL) worst affected by drought. The lack of pasture and water saw livestock conditions deteriorate, limiting household income. Below average crop production meant there was less food, casual labour opportunities, and farmer purchasing power. Households struggled to meet their dietary needs and were often reliant on market food further driving up prices.

The EU also granted an extension for the Cassava project, which will now run until the end of October 2023.

An extension to the AgriFI Challenge Fund project was also requested to allow more time to work with companies and release additional grants to high performers. By 2022, the fund had supported the Agri enterprises to integrate 166,548 smallholder farmers and pastoralists into 14 inclusive value chains largely surpassing the original target of 100,000 smallholder farmers. As a result, they will benefit directly from better access to markets, input supplies, credit facilities and climate smart agriculture training sessions.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Uganda

Economic recovery from the COVID-19 outbreak and lockdowns has been slow in Uganda. This, combined with below-average rainfall, has negatively affected household incomes at a time when food prices remain high. Northern Uganda continued to be affected by conflict and limited resources in 2022, which further restricted food access. In the west and southwest of the country, localised flooding and landslides damaged and destroyed crops. African Armyworm, a devastating crop pest, also remained a country-wide threat.

At the beginning of 2022, Uganda hosted more than 1.5 million refugees. That population increased as the year progressed, with a further 130,000 people entering the country from South Sudan and the Democratic Republic of Congo. The Famine Early Warning Systems Network estimated more than 100,000 children and 12,000 pregnant and lactating women in Uganda’s refugee camps were malnourished between February 2022 and January 2023 (IPC, 2022).

Self Help Africa in Uganda received funding from the World Food Programme, a partner since 2018, to support refugee and host communities in Adjumani and Kiryondongo as part of the Agriculture Market Support project. Also, in Adjumani is the Sustainable Livelihoods and Inclusive Markets for Refugees project, funded by Irish Aid, which was given a one-year extension that allowed us to reach more people with food security and livelihood activities. An evaluation in late 2022 was promising, finding a steady reduction in post-harvest losses and up to 90% of farmers had adopted climate smart agriculture practices after attending a project training session.

The ‘Striking a balance: Developing a green economy around Lake Bunyonyi’ project was also extended for 2022. The villages surrounding Lake Bunyonyi benefitted from five years of support and training in total that supported farmers to maximise their production, diversify their income and protect their farmland without negatively impacting the community’s natural resources. Self Help Africa hopes to build on this success with a follow-on project in the future.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Burkina Faso

An estimated 1.7 million people require protection, and 3.5 million people needed humanitarian assistance in Burkina Faso in 2022. Nearly 1.9 million Burkinabè have been forced to flee their homes according to the National Council for Emergency Relief and Rehabilitation – a result of political instability and climate change. Violence has had an impact on education, health, communications, and road infrastructure. Humanitarian access is a major challenge in large parts of the country.

In Burkina Faso, we delivered two ongoing projects – the Women’s Economic Empowerment through Entrepreneurship in the Cashew Value Chain project, also known as ‘DEFI’, and ‘Sustain Africa’, a consortium research and advocacy project that spans 17 partners in multiple countries.

The DEFI-Cashew project, which closed at the end of 2022, surpassed its target by reaching 4,209 people, including 3,909 women and 300 men in cashew production. The project also included a beekeeping component, in which 235 people were trained and equipped for honey production. The EU-funded ‘Sustain Africa’, with Self Help Africa leading Work Package 5 which primarily focuses on screening innovations for their impact on gender, nutrition, and climate.

Zambia

Zambia shares its border with eight countries, expanding its regional market options for goods and services. It is also one of the world’s youngest countries by median age and its large youth population is anticipated to double in the next 25 years, placing additional pressure on demand for jobs, healthcare, and other social services.

In 2022, challenges in agriculture, mining and construction slowed down the pace of post-pandemic recovery. During the year, Self Help Africa completed several longstanding projects in Zambia. The three-year ‘PRESERVE’ Kafue project successfully concluded in December 2022. The project used a farmer-led extension approach to provide ‘last mile’ extension support to 3,651 people. These farmers were trained in community-based natural resources management, enterprise development, savings, nutrition-sensitive agriculture, water, sanitation and hygiene, and gender equality. The project also sought to protect essential ecosystems along the Kafue subbasin, which provide approximately half of the nation’s hydro-electric power, 44% of Lusaka’s water supply, and nearly 90% of sugarcane for domestic and export markets. The second phase of ‘PRESERVE’ will run for five years from 2023 and will be funded by Irish Aid.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Fundraising

Our in-house fundraising team, based in Shropshire, conducted UK-wide fundraising activities through the following channels: Direct Mail and e-mail Marketing, Digital Fundraising, Events and Challenges, Community Fundraising, Trusts and Foundations, Legacy and Regular Giving.

All fundraising activity has been undertaken in line with the Code of Fundraising Practice set by the Fundraising Regulator, of which we are a member.

It is important to us, as a charity that relies on the goodwill and generosity of the public, to instil a sense of openness, honesty and transparency among our valuable donors. It is not enough that we uphold what is expected of us by the Fundraising Regulator, we aim to ensure best practice in the stewardship of all our donors.

During 2022, we did not pay for the services of third-party commercial organisations to raise funds in Self Help Africa (UK)’s name, nor did we engage in cold-calling, door-to-door or street fundraising. No complaints were received by the charity regarding any fundraising activities, during this period.

Volunteers who raise funds on behalf of Self Help Africa (UK), are subject to due diligence checks and provided with relevant training and support, to ensure that they carry out their role in a way that is legal, open, honest and respectful.

All Self Help Africa (UK) fundraising respect the rights and dignity of donors, beneficiaries and the public. Fundraising activities are not unreasonably persistent, intrusive or place undue pressure on people to donate. Should someone not wish to donate, or cease donating, that decision is respected.

War on Want Northern Ireland

In 2022 nine staff of War on Want (N.I.) Ltd, a fellow subsidiary of Gorta, transferred to Self Help Africa (UK).

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Financial review

The financial statements have been prepared in accordance with current statutory requirements and the company's Memorandum and Articles of Association.

The current year shows a decrease in both donations and legacies and other trading activities income from £1.6m in 2021 to £1.3m in 2022. Expenditure on charitable activities and fundraising decreased from £2.3m in 2021 to £1.8m in 2022.

The principal sources of funding for the organisation are set out in note 3 to the financial statements with Jersey Overseas Aid, Slovak Aid, the Austrian Development Agency, UK Aid Match, European Union and the general public being our key donors. We are extremely grateful to all those who support our work in this way.

At 31 December 2022, unrestricted reserves stood at £43,054.

Risks and uncertainties facing the organisation are the responsibility of and are under constant review by the trustees. These reviews are undertaken in Self Help Africa (UK)’s own right and in the context of the broader Gorta T/A Self Help Africa group in conjunction with its Audit Finance and Risk Committee. An overall risk register for the group is reviewed regularly by the Group Board.

The principal risks for Self Help Africa (UK) are the maintenance of levels of voluntary donations and of institutional donor funding. This has come about by the advent of a difficult fundraising environment and general economic uncertainty. Accessing institutional donor funding is a very competitive process. As funding pools decrease and competition increases, the challenges in attracting such funding are significant. The other risks are political and economic instability in our countries of operation and retention of key staff. Managing these and other risks is a critical focus of management.

Future plans

Self Help Africa (UK) plans to continue its work in collaboration with Gorta T/A Self Help Africa. The Group has a new strategic plan covering the period 2022-2027 which sees the organisation continue its work with smallholder farmers in agriculture and enterprise.

The plan also states the intention to increase its focus on market based programming in existing countries of operation while expanding traditional programming models into more fragile states as well as in “poverty pockets” in current countries of operation. The board of Self Help Africa (UK) supports this plan and has adopted the plan’s objectives for Self Help Africa (UK). In relation to fundraising, Self Help Africa (UK) intends to work on ways to increase its unrestricted income and to attract new donors.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

In 2024, Village Aid will be dissolved, and its assets and liabilities will be transferred to Self Help Africa UK. Village Aid is already a member of the group and supports projects in West Africa. Its company registration number is 3446625 and its charity number is 1067322.

Structure, governance and management

Self Help Africa (UK) is a charity registered in England. It is a company limited by guarantee that was established to assist and advance people in need in less developed areas of the world. The company which is limited by guarantee was incorporated on 2[nd] March 1988. Governance of the company is the responsibility of the trustees who are appointed in accordance with the Memorandum and Articles of Association.

The trustees delegate the day to day running of the company to a management team who manage the activities of Self Help Africa (UK) in conjunction with the overall group. Trustees are appointed for a three-year term on a rotating basis and can serve for a maximum of nine years. During 2022, two trustee meetings were held (2021 – two meetings). Details of attendance at the Board meetings are set out below:

Trustee Possible
Board
Meeting
Attendances		 Actual
Board
Meeting
Attendances
Mary Robinson
Catherine Cottrell
Carmel Fox
Dervla Owens
Catherine Fitzgibbon		 2
2
2
2
2		 1
1
2
2
2

The activities of Self Help Africa (UK) are carried out in association with Gorta T/A Self Help Africa, a company registered in the Republic of Ireland and the sole member of Self Help Africa (UK), as referred to above.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Both companies have aligned their objectives under a consolidated strategic plan and management team. The trustees of Self Help Africa (UK) subscribe and contribute to the group strategic plan. The strategic plan for the overall group is approved both by the group board and by the Self Help Africa (UK) board of trustees. New charity trustees are appointed by ordinary resolution of the member in accordance with the Memorandum and Articles of Association. Training is given to new trustees in relation to their role and responsibility as a director and in relation to the strategy and objectives of Self Help Africa (UK) and the broader group.

The management team reports to both sets of trustees on operational and financial performance, as well as progress against strategic objectives, on a regular basis.

Senior Management Team as of 31/12/2022

The group Audit, Finance and Risk Committee reviews internal financial controls, treasury and risk management processes of Gorta T/A Self Help Africa companies. It meets on a regular basis to monitor and review the financial performance of the organisation, internal and external audit findings, management information systems and internal control systems.

It provides independent oversight of the annual budgets, management and statutory accounts and makes recommendations to the group board and to the trustees of the group companies where relevant.

Remuneration of key management personnel is delegated to the remuneration committee of Gorta T/A Self Help Africa group and is subject to approval by the trustees of each company within the group. Self Help Africa (UK)’s books of account are located at the organisation’s premises Westgate House, Hills Lane, Shrewsbury, England.

Health and safety

Self Help Africa (UK) is committed to managing and conducting its work activities in such a way as to ensure - so far as is reasonably practicable - the safety, health and welfare at work of its employees and volunteers. Self Help Africa (UK) management continuously monitors compliance in line with legislative requirements.

Safeguarding

We do not tolerate sexual exploitation or any form of abuse, including bullying and harassment. They are extremely serious issues and our commitment to protect the people we work with from harm applies without exception across our programmes, people and partners. United Purpose has up to date set of policies and procedures to strengthen our safeguards against abuse and to enable reporting if it happens. We continue to drive improvements through: (i) improving systems; (ii) strengthening our culture; (iii) putting learning at the heart of our approach; (iv) working with partners to reciprocally strengthen our commitment to safeguarding.

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SELF HELP AFRICA (UK)

(A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

We recognise that safeguarding is so much more than a set of policies and procedures. It is implicit in everything we do, from how we speak to community members and individuals, to how much staff exert their power over vulnerable communities who need our support. It involves understanding power dynamics, recognising how our presence in communities changes such dynamics, and knowing what we must do to ensure this power is never abused.

Public benefit

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing aims and objectives and planning future activities. Self Help Africa (UK) is a public benefit entity and the benefit it provides arises from its development work.

Going concern

The trustees fully recognise their responsibility to assess the going concern basis of the charity and have a reasonable expectation that Self Help Africa (UK) will be able to operate within the level of its resources for a period of at least 12 months. This assessment is based on a thorough assessment of the impact of group income and cash forecasts and projections, taking into account assumptions about possible changes in performance and structure.

The Board of Gorta T/A Self Help Africa has confirmed in writing to Self Help Africa (UK) that it is prepared to support and will make funds available for a period of not less than 12 months from the date of approval of the financial statements to enable it to meet debts as they fall due. Therefore, trustees continue to adopt the going concern basis in preparing the annual financial statements. The trustees believe that there is no material uncertainty about Self Help Africa (UK)’s ability to continue as a going concern.

Further details regarding the adoption of the going concern basis is included in Note 2b.

Political donations

No political donations were made during the financial year (2021 – £nil).

Post balance sheet events

No events have occurred since the balance sheet date that require adjustment or disclosure.

Trustees and secretary

The current trustees and secretary and changes during the financial year are listed on page 2. The company has made qualifying third party indemnity provisions for the benefit of its trustees which were made during the year and remain in force at the date of this report.

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SELF HELP AFRICA (UK) (A company limited by guarantee)

REPORT OF THE TRUSTEES (CONTINUED)

Disclosure of information to auditors

Each of the persons who are trustees at the time when this Trustees' Report is approved has confirmed that:

This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.

Auditors

The auditors, Deloitte Ireland LLP, Chartered Accountants and Statutory Audit Firm, were appointed as the company’s auditors for the financial year. Deloitte Ireland LLP will resign as the company’s auditors after the financial statement sign off and trustee’s intention is to carry out a tender process to appoint the company’s auditors in the coming months.

Small companies’ exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

Signed on behalf of the Board:

Catherine Fitzgibbon Chair

Date: 15 May 2024

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SELF HELP AFRICA (UK) (A company limited by guarantee)

TRUSTEES’ RESPONSIBILITIES STATEMENT

The trustees (who are also directors of Self Help Africa (UK) for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the net income or expenditure of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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Deloitte Ireland LLP Chartered Accountants & Statutory Audit Firm

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF SELF HELP AFRICA (UK)

Report on the audit of the financial statements

Opinion

In our opinion the financial statements of Self Help Africa (UK) (the ‘charitable company’):

We have audited the financial statements which comprise:

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report.

We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the Financial Reporting Council’s (the ‘FRC’s’) Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the trustees responsibilities with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Reports and Financial Statements for the financial year ended 31 December 2022, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the Reports and Financial Statements. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF SELF HELP AFRICA (UK)

Other information (continued)

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (Ireland) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

We considered the nature of the charitable company’s industry and its control environment, and reviewed the charitable company’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired of management, internal audit and the directors about their own identification and assessment of the risks of irregularities, including those that are specific to the charitable company’s business sector.

We obtained an understanding of the legal and regulatory frameworks that the charitable company operates in, and identified the key laws and regulations that:

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF SELF HELP AFRICA (UK)

Extent to which the audit was considered capable of detecting irregularities, including fraud (continued)

We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.

As a result of performing the above, we identified the greatest potential for fraud in the following areas, and our specific procedures performed to address it are described below:

Completeness of income:

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.

Report on other legal and regulatory requirements

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified any material misstatements in the report of trustees.

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF SELF HELP AFRICA (UK)

Matters on which we are required to report by exception

Under the Companies Act 2006 we are required to report in respect of the following matters if, in our opinion:

We have nothing to report in respect of these matters.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Heather Doolin (Senior statutory auditor) For and on behalf of Deloitte Ireland LLP Statutory Auditor

Deloitte & Touche House, 29 Earlsfort Terrace, Dublin 2, D02 AY28, Republic of Ireland

Date: 15 May 2024

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SELF HELP AFRICA (UK) (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

Notes
INCOME FROM
- Donations and
legacies
3
- Other trading
activities
4
Other Income
- Income from
investments
- Other income
5
5
Total income
EXPENDITURE ON
Raising funds
6
Charitable activities
6
Total
Net expenditure
8
Net movement on
funds
14
RECONCILIATION OF
FUNDS:
Funds at the
beginning of the
reporting period
Funds at the end of
the reporting period		 Restricted
Funds
2022
£
466,402
418
-
-
466,820
-
890,707
890,707
(423,887)
(423,887)
899,610
475,723		 Unrestricted
Funds
2022
£
485,701
24,584
30
280,745
791,060
183,591
681,934
865,525
(74,465)
(74,465)
117,519
43,054		 Total
Funds
2022
£
952,103
25,002
30
280,745
1,257,880
183,591
1,572,641
1,756,232
(498,352)
(498,352)
1,017,129
518,777		 Restricted
Funds
2021
£
765,862
-
-
-
765,862
-
1,422,591
1,422,591
(656,729)
(656,729)
1,556,339
899,610		 Unrestricted
Funds
2021
£
839,713
13,359
6
-
853,078
150,111
756,676
906,787
(53,709)
(53709)
171,228
117,519		 Total
Funds
2021
£
1,605,575
13,359
6
-
1,618,940
150,111
2,179,267
2,329,378
(710,438)
(710,438)
1,727,567
1,017,129

There are no other recognised gains or losses other than those listed above and the net movement in funds for the financial year. All income and expenditure derives from continuing activities.

19

SELF HELP AFRICA (UK) (A company limited by guarantee)

BALANCE SHEET AS AT 31 DECEMBER 2022

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Stocks
Debtors
11
Cash at bank and in hand
CREDITORS:Amounts falling due within one year
12
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
Restricted funds
14
Unrestricted funds
14		 2022
£
1,561
1,550
240,002
916,854
1,158,406
(641,190)
517,216

518,777

475,723
43,054
518,777
 2021
£
2,873

1,766
380,298
692,708

1,074,772
(60,516)

1,014,256

1,017,129

899,610
117,519

1,017,129

The financial statements were approved by the trustees on ……………………………… and signed on their behalf by: 15 May 2024

______ Catherine Fitzgibbon Chair

20

SELF HELP AFRICA (UK) (A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

Notes
Cash flows from charitable activities
Net cash generated by charitable activities
15
Cash flows from by investing activities
Interest received
Purchase of tangible fixed assets
Cash flows provided by investing activities
Increase in cash and cash
equivalents in the reporting year
Cash and cash equivalents at the beginning
of the reporting year
Cash and cash equivalents at the end of
the reporting year
Reconciliation to cash at bank and in hand:
Cash and cash equivalents at end of financial year		 2022
£
224,599
30
(483)
(453)
224,146
692,708
916,854

916,854
 2021
£
436,096
6
(2,059)

(2,053)

434,043
258,665

692,708

692,708

21

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES

The principal accounting policies are summarised below. They have all been applied consistently throughout the year and the preceding year.

Basis of preparation of financial statements

Self Help Africa (UK) is a company incorporated in the UK under the Companies Act 2006. The address of the registered office is Second Floor Suite, Westgate House, Dickens Court, 25 Hills Lane, Shrewsbury, Shropshire, SY1 1QU. The nature of the company’s operations and its principal activities are set out in the Report of the Trustees. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP 2019) “Accounting and Reporting by Charities”, in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), issued by the Financial Reporting Council and the Companies Act 2006. The functional currency of Self Help Africa (UK) is considered to be sterling because that is the currency of the primary economic environment in which the company operates.

Going Concern

The trustees fully recognise their responsibility to assess the going concern basis of the charity and have a reasonable expectation that Self Help Africa (UK) will be able to operate within the level of its resources for a period of at least 12 months. This assessment is based on a thorough assessment of the impact of group income and cash forecasts and projections, taking into account assumptions about possible changes in performance and structure.

The Board of Gorta T/A Self Help Africa has confirmed in writing to Self Help Africa (UK) that it is prepared to support and will make funds available for a period of not less than 12 months from the date of approval of the financial statements to enable it to meet debts as they fall due. Therefore, trustees continue to adopt the going concern basis in preparing the annual financial statements. The trustees believe that there is no material uncertainty about Self Help Africa (UK)’s ability to continue as a going concern.

Further details regarding the adoption of the going concern basis is included in Note 2b.

Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

22

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

Income

All income is included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Grants from the government and other agencies have been included as “Grants” in furtherance of the charity’s objects. The company has not benefited from any other form of government assistance.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Expenditure

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Furniture, fittings & equipment - 33% straight line

Stocks

Merchandising stocks are stated at the lower of cost and net realisable value.

Operating leases

Rentals under operating leases are charged to the statement of financial activities on a straight line basis over the lease term.

23

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES (CONTINUED)

Reserves

Self Help Africa (UK)'s reserves policy is to maintain a readily realisable base reserve sufficient to cover six months of budgeted, recurring unrestricted overhead costs.

Self Help Africa (UK) has established and holds reserves sufficient that:

The target level of reserves is currently set at six months of budgeted, recurring unrestricted expenditure, which equates to approximately £445,000. The organisation is not currently in compliance with this target. However, as SHA UK is supported by the Gorta Group, which is in compliance with this target policy, there is no issue for the Board. The board monitors this target level (and compliance therewith) on an annual basis.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the statement of financial activities.

Financial instruments

Financial assets and financial liabilities are recognised when the charitable company becomes a party to the contractual provisions of the instrument. Financial liabilities are classified according to the substance of the contractual arrangements entered into.

(i) Financial assets and liabilities

All financial assets and liabilities are initially measured at transaction price (including transaction costs) unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charitable company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charitable company, despite having retained some significant risks and rewards of ownership, has transferred control of the asset to another party and the other party has the practical ability to sell the asset in its entirety to an unrelated third party and is able to exercise that ability unilaterally and without needing to impose additional restrictions on the transfer.

24

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES (CONTINUED)

Financial instruments

(i) Financial assets and liabilities (Continued)

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Balances that are classified as payable or receivable within one year on initial recognition are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the financial year.

Taxation

Self Help Africa (UK) has been granted charitable tax-exempt status by the HMRC under S478 and S483 of the Corporation Tax Act 2010 and therefore no provision for corporation tax is required.

2a. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the charitable company’s accounting policies, which are described in note 1, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. Information about critical judgements in applying accounting policies that have the most significant effect on the amounts recognised in the financial statements is included in the accounting policies and notes to the financial statements. The trustees do not consider there are any critical judgements or sources of estimation requiring disclosure other than the going concern assumptions which is detailed further in note 2b.

25

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

2b. GOING CONCERN

Several measures have been implemented to give the trustees a reasonable expectation that the organisation has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements. Among the measures taken to mitigate impact on unrestricted reserves are:

The organisation has an unrestricted reserves figure of £43,054 on hand at year end.

The trustees fully recognise their responsibility to assess the going concern basis of the charity and have a reasonable expectation that Self Help Africa (UK) will be able to operate within the level of its resources for a period of at least 12 months. This assessment is based on a thorough assessment of the impact of group income and cash forecasts and projections, taking into account assumptions about possible changes in performance and structure.

26

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

3.
DONATIONS AND LEGACIES
Donations
Grants
Voluntary income
Grant income is analysed as follows:-
Slovak Aid
Austrian Development Agency
Jersey Overseas Aid Commission
UK Aid Match
European Union
FCDO
4.
OTHER TRADING ACTIVITIES
Income from fundraising events and campaigns
5.
OTHER INCOME
Income from investments: Bank interest
Other Income: Management fee recharge to Gorta T/A
Self Help Africa		 2022
£
421,531
530,572

952,103

264,250
63,041
26,928
-
162,363
13,990

530,572

2022
£
25,002

2022
£
30
280,745
 2021
£
781,280
824,295

1,605,575

543,188
168,740
90,793
48,572
(26,998)
-

824,295

2021
£
13,359

2021
£
6
-

27

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

6. EXPENDITURE

XPENDITURE
2022 2022 2022 2021 2021 2021
Direct Support Total Direct Support Total
Costs Costs Costs Costs Costs Costs
£ £ £ £ £ £
RAISING FUNDS
Fundraising Costs 135,874 48,077 183,951 134,272 15,839 150,111
CHARITABLE ACTIVITIES
Agriculture production 240,265 16,244 256,509 397,048 9,140 406,188
Agribusiness development 591,260 56,271 647,531 1,070,947 69,090 1,140,037
Nutrition 44,813 7,860 52,673 111,475 4,419 115,894
Gender/Inclusion 379,280 20,961 400,241 247,645 11,784 259,429
Advocacy/Policy 27,021 12,227 39,248 18,133 18,624 36,757
Water, sanitation & health 49,158 11,528 60,686 45,990 6,481 52,471
Renewable energy 20,755 1,048 21,803 18,133 589 18,722
Partner capacity building 92,831 1,119 93,950 148,499 1,270 149,769
1,445,383 127,258 1,572,641 2,057,870 121,397 2,179,267
UPPORT COSTS
2022 2022 2022 2021 2021
2021
Charitable Raising Charitable Raising
Activities Funds Total Costs Activities Funds
Total Costs
£ £ £ £ £
£
Foreign exchange loss/(gain) (19,932) - (19,932) 15,925 -
15,925
IT/computer 9,135 2,296 11,431 4,410 5,663
10,073
Postage, stationery &
Communications 2,051 1,181 3,232 9,090 6,808
15,898
Premises 46,808 1,045 47,853 51,850 1,197
53,047
Professional fees 14,484 1,968 16,452 1,677 2,171
3,848
Governance costs 17,445 - 17,445 17,585 -
17,585
Other support costs 57,267 41,587 98,854 20,860 -
20,860
127,258 48,077 175,335 121,397 15,839
137,236

7. SUPPORT COSTS

The basis of allocation of the support costs identified above is the percentage of time spend on each activity.

28

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

8. NET EXPENDITURE

This is stated after charging/(crediting):

This is stated after charging/(crediting):
2022 2021
£ £
Depreciation of tangible fixed assets 1,795 2,604
Auditors' remuneration 17,445 17,585

During the financial year, no trustees received any remuneration or benefit in kind (2021: £Nil). During the financial year, no trustees were reimbursed for travel expenses during the period (2021: £Nil).

9.
STAFF COSTS
Staff costs comprise:
Wages and salaries
Social security costs
Other pension costs		 2022
£
349,814
35,853
30,028
415,695		 2021
£
327,283
33,895
32,655

393,833

The average monthly number of employees employed during the financial year was 18 (2021: 15).

The total remuneration for key management personnel (which includes gross pay, employer insurance contributions, employer pension contributions and any other remuneration including benefits in kind) for the financial year amounted to £53,935 (2021: £66,076) and this relates to two personnel (2021: two personnel).

There were no employees whose salaries (excluding employer pension contributions and employer PRSI) were greater than £60,000:

£60,001 - £70,000 2022
Number
0		 2021
Number
0

29

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

10.
TANGIBLE ASSETS
Furniture
Fittings &
Equipment
£
Cost:
At 1 January 2022
63,094
Additions for the year
483
At 31 December 2022
63,577
Depreciation:
At 1 January 2022
60,221
Charge for the financial year
1,795
At 31 December 2022
62,016
Net book value:
At 31 December 2022
1,561
At 31 December 2021
2,873
11.
DEBTORS
2022
£
Due after more than one year
Other debtors – Lease deposit
9,650
Due within one year
Other debtors
14,007
Accrued income
13,491
Prepayments
13,564
Grant Debtors
189,290
Amounts owing from group undertakings
-
240,002		 Total
£
63,094
483

63,577

60,221
1,795

62,016

1,561
2,873
2021
£
9,650
8,755
29,137
14,396
-
318,360

380,298

Amounts due from group undertakings are advanced interest free, unsecured and are receivable on demand.

30

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

12.
CREDITORS:(Amounts falling due within one year)
Trade creditors
Social security and other taxes
Other creditors
Accruals
Amounts due to group undertakings
Social security and other taxes include:
PAYE/National Insurance		 2022
£
13,108
27,937
5,105
25,361
569.679
641,190
2022
£
27,937
 2021
£
6,874
23,921
7,221
22,500
-

60,516
2021
£
23,921

13. FINANCIAL INSTRUMENTS

The carrying value of the company’s financial assets and liabilities are summarised by category below:-

Financial Assets
Measured at undiscounted amount receivable
Other debtors
Amounts owing from group undertakings
Financial Liabilities
Measured at undiscounted amount payable
Trade creditors
Other creditors
Amounts due to group undertakings*		 2022
£
23,657
-

13,108
5,105
569,679
 2021
£
18,405
318,360
6,874
7,221
-

31

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

14. FUNDS OF THE CHARITY

Unrestricted Funds
Total unrestricted funds
Restricted Funds
Kenya – Cassava Aggregation
Kenya – Integration of Market Operators in
Value Chains
Uganda – TESO UKAM
Burkina Faso- Economic development of
Women
Zambia – Economic Development and
Environmental Resilience of Kafue
Funds of the charity		 At 1 Jan
2022
£
117,519
117,519
At 1 Jan
2022
£
215,620
456,037
-
160,054
67,899
899,610
1,017,129		 Income
£
791,060
791,060
Income
£
99,608
264,250
13,990
64,021
24,951
466,820
1,257,880		 Expenditure
£
(865,525)
(865,525)
Expenditure
£
(315,226)
(216,104)
(13,990)
(252,537)
(92,850)
(890,707)
(1,756,232)		 At 31 Dec
2022
£
43,054
43,054
At 31 Dec
2022
£
2
504,183
-
(28,462)
-
475,723
518,777

32

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

14. FUNDS OF THE CHARITY (CONTINUED)

The nature of the material projects, with significant movement during the financial year are as follows:-

Kenya – Cassava Aggregation – Supporting Smallholder Agriculture & Value Addition

This project aims to increase food and nutrition security, employment and income among 28,000 farming households through increased cassava production and sales. Self Help Africa is working with farmers to double average production levels of drought-tolerant cassava, and link farmer business groups to profitable markets.

The Casava project was granted and extension by the EU and will now run until the end of October 2023.

Kenya - Integration of Market Operators in Value Chains

This project aims to increase food and nutrition security, employment and income among 28,000 farming households through increased cassava production and sales. Self Help Africa is working with farmers to double average production levels of drought-tolerant cassava, and link farmer business groups to profitable markets.

Uganda – MANZO Youth Empowerment Project

This project aims to create economic opportunities for 3,000 young people in high-value agricultural value chains through training in good agronomic practices, storage, transport, processing and marketing. Through the adoption of improved agricultural techniques, the project is working in the Maracha, Nebbi and Zombo (MANZO) districts of West Nile region in northern Uganda.

Burkina Faso – Expertise France PAEJF

Launched in October 2018, the 'Project to Support Youth and Women's Agricultural Entrepreneurship in the Nord Region' targets 250 youth and women living in insecure transborder areas in the North of Burkina Faso. The project is providing training on production and postharvest storage and processing techniques to improve the employability of youth and women in horticulture and poultry value chains, and training in basic business skills and access to finance to support the development of enterprises in relevant sectors in the region’s rural economy.

33

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

14. FUNDS OF THE CHARITY (CONTINUED)

Zambia – Economic Development and Environmental Resilience of Kafue

The action aims to improve the resilience, food, income and nutrition security of 3,000 households in the Monze, Namwala and Mazabuka districts of Zambia. The project will use the Functional Landscape Approach (FLA) to promote the sustainable use of natural resources for diversified livelihoods and increased incomes, whilst protecting and restoring essential eco-systems within the Kafue Sub-basin.

Partner Organisations

Self Help Africa (UK) works in conjunction with a number of organisations in all our countries of operation. These organisations undertake the implementation of some of the programme activities. Partner organisations that SHA (UK) currently works with include:

34

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

15. RECONCILIATION OF NET EXPENDITURE TO CASH FLOWS FROM CHARITABLE ACTIVITIES

2022
£
NET EXPENDITURE
(as per the Statement of Financial Activities)
(498,352)
Adjustments for:
Depreciation
1,795
Decrease/(increase) in stock
216
Decrease in debtors
140,297
Increase in creditors
580,673
Interest received
(30)

Net cash generated by charitable activities
224,599
16.
ANALYSIS OF CHANGES IN CASH AND CASH EQUIVALENTS
At
Cash
1 January
Flows
31
2022
£
£
Cash at bank and in hand
692,708
224,146


17.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2022
2022
2022
Restricted
Unrestricted
Total
Funds
Funds
Funds
£
£
£
Fixed assets
-
1,561
1,561
Current assets
475,723
673,030
1,148,753
Debtors due after more than 1 year
-
9,650
9,650
Creditors due within one year
-
(641,187)
(641,187)



475,723
43,054
518,777


 2021
£
(710,438)
2,604
(449)
1,128,138
16,247
(6)

436,096

At
December
2022
£
916,854

2021
Total
Funds
£
2,873
1,065,122
9,650
(60,516)

1,017,129

35

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

18. OPERATING LEASE COMMITMENTS

At 31 December 2022 the company had total future minimum commitments under non-cancellable operating leases as follows:

Expiry date:
Less than 1 year
Between 1 and 5 years		 Land and Buildings
2022
2021
£
£
9,583
12,600
-
13,400
9,583
26,000

 Land and Buildings
2022
2021
£
£
9,583
12,600
-
13,400
9,583
26,000
26,000

19. TAXATION

Self Help Africa (UK) is registered as a charity and benefits from corporation tax exemptions available to charitable bodies. On the basis that its activities fall within its charitable purposes and its funds are applied only for these purposes, no provision for corporation tax is made. Irrecoverable value added tax is expensed as incurred.

20. PENSION COMMITMENTS

The company operates a defined contribution pension scheme, the assets of which are held separately from those of the company in an independently administered fund. Contributions payable at 31 December 2022 amounted to £6,105 (2021: £7,114).

21. LEGAL STATUS OF COMPANY

In accordance with Section 60 of the Companies Act, 2006, the company is exempt from including the word "Limited" in its name. The company is limited by guarantee and has no share capital.

22. ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

During the year, Gorta (T/A Self Help Africa) discharged commitments of £1,380,587 (2021: £1,236,749) and transferred funds of £132,158 (2021: £361,526) to Self Help Africa (UK). Self Help Africa (UK) transferred funds of £138,069 to Gorta (T/A Self Help Africa) during the year (2021: £223,981). A management fee was recharged from Self Help Africa (UK) to Gorta (T/A Self Help Africa) for activities undertaken on behalf of the Group in 2022 was £280,745,

The balance due to Gorta (T/A Self Help Africa) at 31 December 2022 was £569,679 (2021: £318,360 owed from).

Gorta (T/A Self Help Africa) is a charitable company registered in the Republic of Ireland and the results of Self Help Africa (UK) are consolidated into the financial statements of Gorta. Copies of the group financial statements may be obtained from the charity's website www.selfhelpafrica.org

36

SELF HELP AFRICA (UK) (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

23. SELF HELP AFRICA INC.

Self Help Africa Inc. is a not for profit organisation registered in the United States of America. Self Help Africa Inc. is governed by an independent board of directors which retains full control over the financial and operating policies of the company. Funds raised by Self Help Africa Inc. are generally allocated to the Self Help Africa programmes in Africa.

At the end of 2022 Self Help Africa Inc. owed USD145,940 to Self Help Africa (UK) in relation to funds received in the US that were due to be forwarded to Self Help Africa (UK) in relation to programmes implemented in West Africa. Self Help Africa (UK used its own funds to implement these programmes. Due to an adverse fundraising environment in the US, this debt was unlikely to be repaid in the short to medium term. A provision for non-repayment of this amount was made in 2020. There was no related party transaction recorded during the year 2022.

24. SUBSEQUENT EVENTS

No events have occurred since the balance sheet date that require adjustment or disclosure.

37