ALBERT ACADEMY ALUMNI ASSOCIATION
To advance education of the pupils of the Albert Academy in Sierra Leone, in particular by the provision of teaching aids, laboratory and recreational equipment and the award of scholarships. Funds are raised through fundraising activities and donations from members and patrons.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £42,155 to £34,118 due to a net outgoing resource of £8,037. The charity reports that fundraising activities are picking up at a slower pace than expected due to the economic downturn and increased competition. Despite this, the charity maintains unrestricted reserves of £29,216 and has no stated reserves policy target.
What the accounts disclose
Trustees
- Simon Africanus Rowechair
- Carole Georgestone
- Prince Thorpe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £35k | £44k |
| 31/05/2024 | £25k | £25k |
| 31/05/2023 | £23k | £24k |
| 31/05/2022 | £26k | £26k |
| 31/05/2021 | £12k | £2k |
Common questions
Is ALBERT ACADEMY ALUMNI ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £42,155 to £34,118 due to a net outgoing resource of £8,037. The charity reports that fundraising activities are picking up at a slower pace than expected due to the economic downturn and increased competition. Despite this, the charity maintains unrestricted reserves of £29,216 and has no stated reserves policy target. Its FY2025 accounts were independently examined.