THE AFRICULTURE NETWORK
Charity Number: SCO51567
Company Number. SC717381
(A company limited by gu*rantee)
Report of the Trustees and Financial Ststements
for the year to 31 December 2025

Company Itwited by guarantee
Contents
Page
Repori ofihe Tr￿St￿£S
3105
Independeni Examiners Rewrt to ihe members
emen¢ ofFinancialAclivilies
Balance Sheel
8109
Notes lo ihe Financialsiatements
Ioto 12

THE AFRICULTURE NETWORK
Company limited b). gu*ralltee
Report of the Trustees for the Year Ended 31 December 2025
The trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present their report
with the finan¢ial statements of the charity for the year end¢d 31 December 2025. The trustees have adopted th¢
provisions of Accounting and Reporting by Charities: Statement of Recommended Practice (FRS 102) second
edition (Iktober 2019).
STRUCTURE, GOVERNANCE AND MANAGKMKNT
Governance
The Atriculture Network is a charitsbl¢ company limited by guarantee. incorporated on 10 De¢ember 2021. The
company was established under a Memorandum of Ass(Kiation and is govemed under its Articles of Association,
which set out the objectives and powers of the charttable cornpany. Africulture Network was registsred a5 a charity
by the Office of the Scottish Charity Regulator (OSCR) on 4° February 2022.
Recrultmenl thnd *ppointment of new trustees
The directors of the company are the meM￿rS and t￿SleeS of th¢ charity for the purposes of Charity law and are
known as the trustees. Under the ￿qUireMentS of the Articles of Asso¢iation. Truslees are appointed by Ordinary
Resolution passed at a duly convened General M¢¢ting of the Members or by appointment by the existing Trustees
of th¢ charity. Trustees may be removed if they fail to meet the requirements specified in Article 39.
Organiyatiollal Structure and Decision Mgking
Thc Iloard of Tru.8lees fornially mcl three times during the pertod. Between meeting8 they communicated by email,
telephone, video conferencing andlor face-to-face discussion. The Trustecs collectively set strategy. and approve
the initialion, continuation and tcmination of significant charitable initiatives.
Rl8k management
The Truste¢s have a duty to identify and review the risks to which the charity is exposed. They seck to ¢n5ure
appropriate controls are in place lo provide reasonable assurance against fraud and ermr. We believe that these
safeguards, together wilh mainlaining our cash reserve5 at the levels indicated in th¢ Financial Review s¢ction. will
provide sufficient resources in the event of adverse conditions occu￿1￿8.
Fundraising
The Africulture Ne￿Ork does not employ professional fvndraisers and has not soughi to rcgister with the
Fundraising Regulator but complies with all the relevant wtions of the Fundrnising Regulator's Code of
Fundraising Pra¢tic¢.
0￿￿CTIvEs AND A￿VVITIF,s
Objects
Th¢ ¢harity's purpose4 which are for the public benefiL ar¢ s& out in the Articles of AS￿latIOn and arc..
(l) Improve culturdl diveTsity in Scotland.
(2) Promote African culthre and heritsge.
(3) Celebrate th¢ socio-hislorical connection Ertwgen Africa and Swtiand.
Adivi¢ies
(l )Providing a forum for Africans and non-Africans to learn abo￿ the rich history and culture of the African
contincnt.
{2) Running Y￿]0u5 cducational foTuJns and culturnl ev¢nts in the Scottish economy.

Comptty limited by gu#raDtte
Report of the Trustees for the Year Ended 31 Deetmber 2025 coDtillued
Public Benefit
In exercising their tK)wers and dutie4 the Trustees have had due regard for the public benefit guidance of OSCR.
All the activities oftheNetwork are undertaken to further its charilable purposes for the public benefit. The'frustees
will regularly review the activities of the charity and look at the successes and challenges experienced and the
outcomes for the beneficiaries we aTe seeking to &ssisL These reviews will help vs ensur¢ our planned future
activities bring charitable benefit and cA)ntribute tK>sttively to the aims and objectives set.
ACHIEVEME￿ AND PERFORMANCE
Achievements and Perforniance thn)ughout the year
Perfoming six (6) AfriTales sessions at various primary s¢h(M)Is across Aberdeen City & Shire. AfriTales
sessions involve a visit of two (2) or more charity volunleers to primary schools to read non-fiction books
and educate pupils about history and culture of parts of Africa. In some case4 multipl¢ visits were made
to schools. We engaged with approximately 450 primary school studenls.
Lunch&Ltarn event delivered in CNR. This was a cultural exhibition to promote the divct3ity of African
ulture in Aberdeen. Th¢ event was well received by CNR employees that attended ihe event.
Charity Kiltwalk- African print and Kilt strut community walk.
Internaiional Sch(M)l Aberdeen (ISA) Inlernaiional Festival- AfriTales session and ¢xhibition and
inforniation session.
FJNANCIAL REVIEW
Investment policy and objectivcs
The General Fund currently holds all funds which have been contributed towards the work io be Carried out by the
charity. It is not the intent of the Trusl¢¢s to a¢cumulal¢ funds but rather to deploy available funding to finance the
tivities which will lead to delivery of the purpose4 subject to maintaining a reasonable level of working ¢8pitsl.
Reserves ￿lleY
The Truste¢s aim to carry sufficient genernl unrestrictd reserves in cash to meet the commit*d charitable activities.
Fillan¢ig1 pojition
The Africulture Network had inwmc in this period of £1,835 (2024 - £nil) while total expenditure for the year
amounted to £850 (2024 - £4.468) including acCn￿l governance costs. The balance of cash in lTh¢ Africuliiire
Network bank a¢count at the end of tkcetnbcr 2025 w&$ £999 (2024- £644). Charity funds at the ¢nd of the period
were £309 (2024 - funding deficit of£(676)).
Going eoneern
As the trustees have resolv¢d to wind up the charity in the ¢OUTS¢ of the Current fina￿la1 year, the financial
statements refl￿t the ability of the charity to m¢et its outstanding liabilities in this period prior to winding up.
FUTURE PLANS
The trustees of the Africultyre Network have resolved to wind up the charity as it has been determincd that there
is insufficient supp)rt to continue to meet the objectives of the charity. A request will be made to OSCR in the
urrent period for approval for the dissoluts.on of the charty.

THE AFRICULTURE NETWORK
Company limited by gu*r*Dtse
Report of the Trustees for the Year Ended 31 De£ember 2025 continued
REFERENCE AND ADMtMSTRATtVE DETAtLS
Registered Company number
SC717381
Regigtered Charity number
SC051567
R￿lStered o￿l¢e
18 Auchlee Gardens
Ab¢rde¢n, AB12 4AD
Trustees
E. Akin
T. M. Anagboso
B. Ogosi
Primary Banker
Barclays Bank
163-165 Union Street
Aberdeen. ABI16SL
Independent ex*miner
Brian Millcr BA CA
94 Blcnh¥im Place
Aberdeen. AB25 2DY
Approved by ordu of the board of trustees on 31 # March 2026 and signed on its behalf by:

Company limited by gllarantee
Independent Examintrs, Report to the Trnsttes of The Africulture Network
I r¢port on the financial statements of The Africulture Network for the year ended 31 tk¢emb¢r 2025 which are set
outonpages7to 11.
Respective responsibilities of trnstees and etsminer
The charitys tTUSte¢s (who are also the dire£tors for the PUTposes of company law) are responsible for the
preparation of th¢ a¢counts in accordance with the requirements of the Charities and Trnslee Investment (Scotland)
Act 2005 ({'the 2005 Act.). the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies
Act 2006 ('the 2006 Act.). The charity's trustees are satisfied that the accounls of the Company are not required by
charity or company law to be audited and hav¢ chosen instead to have an independent examination.
Having satisfied myself that the accounts of the Company are not r4uired to be audited under Part 16 of the 2006
Act and are eligible for independent examination. l report in respecl of my examination of the Cornpany's accounts
carried out under Section 44( l Kc) of the 2005 Art.
BASIS of Independenl examiDer8' report
My examination w&s ca￿led out in accordance with Regulation I l ofthe Charities Accounts (Scotland) Regulations
2006. An examination includes a review of the accounting records kept by the charity and a comparison of the
accounls pr¢sented wilh those records. It also includes consideration of any unusual items or disclosures in th¢
accounts and seeking explanations from you as trustees conc¢min8 any such matters. The procedures undertaken
do not provide all thc eviden¢¢ that would be required in an audiL and ¢onsequently no opinion is given as lo
whether the ￿COUnts present a'true and fair view, and the report is limited to those matters Sei out in the stal¢ments
below.
Ind¢pendetsl tXAminers' s¢atemenl
In L()nn¢clion with my examination, no matter has comc to my attention:
(l) which gives me reasonable Cause to believe that in any material respect the requirements..
to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006
and s￿tiOn 4411 Xa) of the 2(M)5 Ac¢ and
to prepaTe accounts which accord with the a￿o￿ntIng records and comply with the accounting
requirements of the Companies Ad 2006, Section 44(IXb) of the 2005 Act and Regulation 8 of
the 2006 A￿Ounts Regulations
have not been MCL or
(2) to which, in my opinion. attention should drawn in order to ¢nabl¢ a proper understanding of the financial
slatements to be reached.
Brian Millcr CA
Dat¢.' 17th April 2026

THE AFRICULTURE NETWORK
Company limited by guar*Dtee
Cbgrity Number: SC051567
CompaDy Number. SC717381
ststement of Flnartcial Activities
for the year ellded 31 December 2025
Note
2025
2024
Restricted Unrestricted
funds
funds
Total
Total
Income endowments from:
Donalions and legacies
Charitable activities
2.085
2,085
Totsl Income
Expellditure on:
Raising funds
Charitable ￿tIvitieS
16
834
16
834
4,468
Totsl Expenditure
850
850
Net IncomeJ(F.xpendi¢ure)
Transfcrs b¢￿een funds
1235
1235
(4,468)
Net Movemeni In FuDd8
1235
123$
(4,468)
RecollciliAtioll of funds:
Toial funds brought forward
Totsl fullds CArried fonvard
676
559
676
559
676
Contlnulng Operations: All income and expenditure has arisen from continuing activities.

THE AFRICULTURE NETWORK
Compmy liniitwj by guar*nte¢
ChArity Number: SCO51￿7
Comp¥4Dy Number. SC717381
Balance Sheet
as at 31 December 2025
Restricted UDreJtrieted
funds
funds
2025
2024
Note
Currenl assets
Cash at bank and in hand
644
999
999
644
Crediiors - amounts falling
due within one year
Net ¢yrrtnt wets
{440)
(440)
(1,320)
559
559
(676)
(676)
Nel *ssets
559
559
Funds
R¢stricted funds
Unrestricied fun(ts
559
{676)
Totsl funds
559
(676)
The director5, Statements required by Sections 475 (2) and (3) are sho￿1 on th¢ following page, which
forttks part of this Balance Sh¢¢t.
The notes on pag¢s l O to 12 fom] an integral part of these financial statements.

THE AFRICULTURE NETWORK
CompaDy lÉmited by guarantee
Bg1gn¢e sheet ¢ontiDu¢d
Dirertors, Statements in a¢¢ordattee with Section 475 {2) and {3)
for the yoar eDded 31 Dettmber 2025
In approving these accounts dircctors of the company. we hereby confimi:
(a) The financial slalem¢nts have been prepared in acwrdance with the special provisions relating to
companies subject to th¢ svnall companies regime within Part 15 of the Companies Act 2006 and
the Small Companies and Groups (Accounts and Directors. Report) Regulations 2008.
(b) That for the year stated aEove the ¢ompany entitled to the exemption from audit confenEd by
Section 477 of the Companies Act 2006 relating to small companies:
{¢) That the members have not r¢quir¢d the company to obtain an audit of its financial statements for
the year in qucstion in accordan¢x with Section 476" and
(d) That we acknowl¢dg¢ our responsibilities for complying with the requirements of the Act in respect
to ￿coUntIng records and the preparation of financial stat¢m¢nts.
l.) Ensuring that th¢ wmp4ny keeps ￿￿OUntAn8 records which comply with Section 386 and
387 of the Companies Act 21x16. and
2.) Preparing financial statements which give a true and fair view of the stats of affairs of the
company &% at the ¢nd of th¢ financial year and of ils profit for the year then ended in
a￿ordanCe with the requirements of Section 394 and 395 and which oth¢rwis¢ ¢omply
with the requirements of the Companies Act 2(Ki6 relatin8 to financial slalements, so far as
applicable to the company.
The financial statements were approved by the Board of T￿￿te¢S on 31" March 2026 and signed on its
behalf by:
'.M. Anagboso
Trusl¢e

THE AFRJCULTURE NrnVORK
Company limited by g¥*r#lltee
Notes to the financial slalements
for the year eDded 31 December 2025
l. Basis of preparntion and priDtipAI accounting polieies
1.1 Basis of preparation of fmancial $latemeRts
The Africulture Network is a charitable company. limited by guarante¢. registered in Scotland. It
is also registered as a charity with the o￿lee of the Swttish Charity Regulator (OSCR). The
registered numbers and address of the regislered office can be found in the Report of the Trustees.
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been in accordance with Section l A "SMAII Entities. of Financial Rew)rting Stsndard 102
"The Financial Reporting Standard applicable in the UK and Republic of Ireland" the Charities
SORP (FRS 102) second edition - October 2019, the Companies Act 2006. the Charities and
Trustee Investment (Scotland) Act 2￿5 and the Charity Accounts (Scotland) Regulations 2006 (as
amended).
The financial slat¢m¢nts are prepared on a going concern b￿1$ under the histori¢al cost convention,
modified to include certain items at fair value.
1.2 Income
All income is recognis¢d in the Ststement of Financial Activlties once the charity has entitlement
to the funds, it is probable thai the income will be received and the amount can bc measured
reliably.
For donations to be rewgnised the charity will have been notifi¢d ofthe amounts and the settlement
dale in wriling. If there are wnditions allached to the donation 8nd this requires a level of
perforn)anc¢ before entitlement can be obtaind then ineomc is deferred unlil those conditions are
rully met or the fulfilmcnl of those conditions is within th¢ wntrol of the charity and it is probable
that they will be fvlfill¢d.
Income from charitsble actlvities includes proceeds from event ticket sal¢s to raise funds for the
harity. Income is received in exchange for supplying goods and services in ord¢r to raise funds
and is recognised when entitlement has occurred.
IJ Expenditure
Tangibl¢ Liabilities are reeogniscd as expendittsre as soon as there is a legal or constructive
obligation commilting the charity to that expenditure. it is probable that a transfer of economic
benefits will be required in senlemenl and the amount of the obligation can be mwur¢d reliably.
Expenditure is accounted for on an accruals b&8is and has been ¢l&%sifieAJ und¢r h¢ading5 that
aggregate all cost Telated to the ¢ate80ry.
Inrcoverable VAT is ¢har8ed &8 an ex[￿Se against the activity for which expenditure 8ros¢.
1.4 sUp￿rt Costs
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include 8oveTnance costs. They are incurred directly in Sup[￿ of expendilure on the
objects of the charity.
1.5 Debtors and Creditoys
Dcbtors and creditors with no stated interest fdte and r¢ceiv3ble or payable within one year are
recorded at transaction price. Ally losses arising from impairnient are recognised in expendTture.
10

THE AFRICULTURE NETWORK
Company limited by guarantee
Not&8 to the financial statements
for the year ended 31 December 2025 continued
1.6 Taxation
The charity is exempt from coriM)ration tax on its charitable activities. Value added tax is nol
recoverable by the charity. and as such is Includ￿ in the relevantwsts inthe Ststement of Financial
Activiti&s.
1.7 Fund Accounting
Unrestricted funds can be uscd in accordance with the ¢haritabl¢ obje¢tiv¢s at the discretion of the
trustees.
Restricted funds can only k used for particular restricted purposes within the objects of the Charity.
Restrictions arise wh¢n specified by the donor or when funds are raised for particular restricted
purFK)ses.
1.8 Ultimate Con¢rolllng Party
Thc entity is controlled by the Trustees.
2 Income from dona¢lons #nd leg¥Jcies
R&8trieted Unrestricted
Funds
Funds
2025
Total
2024
To¢al
General donations
2.085
2.085
3 Expenditure on charlthble attfvltiey
Restricted Unre5trirted
Funds
Funds
2025
Tot21
2024
Tolal
Other direct activity wsts
SLbPWIrt costs
394
394
3,951
497
440
834
4.468
5 Creditors
2025
2024
Truste¢ T¢payable loans
Accrued cxp¢nses
440
1.320
690
lJ20
11

Compatty limited by guarantee
Notss to the financial ststements
for the year ended 31 Deeember 2025 eontinued
6 Movement in Funds
Intoming Outgoing
At 01.0125 Resourtes Resources
Gains &
IA>ssesl At 31.1225
Trang¢ers
Restricted funds
Unrestricted funds
General fund
Total Funds
(676)
(676)
2,085
2,085
(850)
(850)
559
559
Incoming OutgoiDg
At 01.0124 Ruourcej Resour￿$
Gains &
ithsesl At 31.12.24
Transfers
Restricted fuDdg
3,685
{3,685)
Unrestricted funds
General fund
Tot21 Funds
107
3,792
(783)
(4,468)
(676)
(676)
7 AIIocAtion of Ne¢ Awts between Funds
Cunynt
A￿ts
Current
Ligbilities
Totsl
Restricted fund8
Unrestrleted fyDd$
G¢nerdl fund
Total Funds
(440}
(440)
559
S59
8 Rel*ied Party Disclosures
Contributions of £250 were made to the charÉty by Trusw during the peri￿￿.
There were no amounts due to or from trw*es at the end of th¢ accounting period.
12