Charity Accounts Intelreading the accounts so you don’t have to

ForAfrika

Registered charity 1050992 · accounts filings on the Charity Commission register · also known as For Afrika, JAM INTERNATIONAL, JOINT AID MANAGEMENT

Latest income
£438k
Latest spending
£444k
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a surplus of £3,718 for the year ended 31 December 2023, with total unrestricted reserves of £45,369. The trustees have set a reserves policy to maintain minimum cash reserves covering twelve months' operational costs, a target which the current unrestricted funds do not meet.

What the accounts disclose

Reserves policy: twelve months' operational costs (held: £45k)
“Our trustees have taken a decision to set minimum cash reserves to cover twelve months' operational costs. The cash reserves comprise unrestricted funds only and exclude designated funds.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Gillespie & Anderson.

Public fundraising profile: JustGiving — ForAfrika (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2023)

Total income
£576k
Total spending
£572k
Reserves (reported)
£45k
Employees
0

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Angola · Central African Republic · Ethiopia · Mozambique · Rwanda · South Africa · South Sudan · Uganda

Income and spending

Financial year endIncomeSpending
31/12/2024£438k£444k
31/12/2023£576k£572k
31/12/2022£617k£633k
31/12/2021£494k£489k
31/12/2020£200k£167k

Common questions

Is ForAfrika financially healthy?

The accounts state that the charity recorded a surplus of £3,718 for the year ended 31 December 2023, with total unrestricted reserves of £45,369. The trustees have set a reserves policy to maintain minimum cash reserves covering twelve months' operational costs, a target which the current unrestricted funds do not meet. Its FY2023 accounts were audited by Gillespie & Anderson.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
AKO FOUNDATION1£1.2m
THE MARK ANTHONY TRUST1£100k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATION1£50k
THE PAUL AND SHEILA BRADSHAW FOUNDATION1£41k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL NEW MALTON1£39k
THE BATCHWORTH TRUST1£35k
H C D MEMORIAL FUND1£25k
THE WELLAND CHARITABLE TRUST1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with URAFIKI (LINKING WITH COMMUNITIES IN AFRICA).