AFRICA ENTERPRISE TRUST
Runs family based children's homes for double orphaned children at risk of living on the street; provides grants and other educational support for orphaned and vulnerable children; runs computer skills training courses; makes microcredit loans to individuals and small businesses.
Financial health, per its FY2025 accounts
The accounts state that the charity's free reserves increased to £6,051, which is above the Trustees' target level of approximately two months' budgeted routine expenditure. The charity reported a net surplus for the year, resulting in an increase in total net assets from £1,601 to £6,051. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“free reserves should be equivalent to approximately 2 months’ budgeted routine expenditure, plus committed future expenditure on other projects, where funds permit.”
Trustees
- Beauty Kahemba Castle
- DAVID M BROWN
- JANET MARY BARTROP
- Keith Harry Broadhurst
- Nathan Paul Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £31k | £26k |
| 30/09/2024 | £24k | £25k |
| 30/09/2023 | £17k | £14k |
| 30/09/2022 | £0 | £0 |
| 30/09/2021 | £0 | £0 |
Common questions
Is AFRICA ENTERPRISE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's free reserves increased to £6,051, which is above the Trustees' target level of approximately two months' budgeted routine expenditure. The charity reported a net surplus for the year, resulting in an increase in total net assets from £1,601 to £6,051. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.