AFRICAN FOUNDATION FOR DEVELOPMENT AFFORD
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FOR THE BENEFIT OF THE PUBLIC AND IN PARTICULAR FOR THE BENEFIT OF THOSE MEMBERS OF THE PUBLIC WHO ARE AFRICAN OR OF AFRICAN DESCENT BY:-(A) PROVIDING OR ASSISTING IN THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE-TIME ACTIVITIES FOR YOUNG PEOPLE; (B) RELIEVING POVERTY SICKNESS AND DISTRESS; AND(C) ADVANCING EDUCATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £66,832 for the year ended 31 March 2025, resulting in a decrease in total net assets from £170,792 to £103,960. Per the trustees' report, unrestricted reserves stood at £9,306, which is significantly below the stated policy target of three to six months of expenditure (£110,000–£220,000). The trustees acknowledge the deficit on unrestricted funds and have implemented a recovery plan involving tight cost controls and increased income generation to address the shortfall.
What the accounts disclose
“AFFORD’s policy seeks to balance these priorities by holding a level of reserves which equate to between three and six months expenditure of the charity (£110-220k); unrestricted fund balance at the year-end was £9,306.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 16
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 3
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 12
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2022 (received 28/03/2023, 56 days after the 31/01/2023 due date).
Corporate structure
- Registered company of the charity Companies House 04772972
Funders the charity credits
- Global Giving
Company officers (Companies House)
- DARAMY, Adeyemi Olusegun Abiose on trustee list
- NJOKU, Ndidi on trustee list
- EWUOLA, Olayinka on trustee list
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- NDIDI NJOKUchair
- ADEYEMI OLUSEGUN DARAMY
- OLAYINKA EWUOLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £386k | £453k |
| 31/03/2024 | £671k | £679k |
| 31/03/2023 | £543k | £507k |
| 31/03/2022 | £655k | £440k |
| 31/03/2021 | £356k | £571k |
Common questions
Is AFRICAN FOUNDATION FOR DEVELOPMENT AFFORD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £66,832 for the year ended 31 March 2025, resulting in a decrease in total net assets from £170,792 to £103,960. Per the trustees' report, unrestricted reserves stood at £9,306, which is significantly below the stated policy target of three to six months of expenditure (£110,000–£220,000). The trustees acknowledge the deficit on unrestricted funds and have implemented a recovery plan involving tight cost controls and increased income generation to address the shortfall. Its FY2025 accounts were audited by CKRD Accountants & Registered Auditors.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/03/2006 | £37k | Africans without borders: aid, awareness and advocacy for Africa |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CONGREGATION OF JOSEPHITES | 1 | £114k |
| DELTA PHILANTHROPIES | 1 | £50k |
| THE DROMINTEE TRUST | 1 | £27k |
| H C D MEMORIAL FUND | 1 | £20k |
| SEEDFIELD TRUST | 1 | £8k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £5k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £5k |
| THE TULA TRUST LIMITED | 1 | £4k |
Charities like this
- AFRICAN INSTITUTE FOR SOCIAL DEVELOPMENT
- AFRICA SERVICES INTERNATIONAL
- AFRICAN CENTRE FOR DEVELOPMENT AND RESEARCH
- AFRICAN DIASPORA FOUNDATION
- AFRICAN MISSION
- THE AFRICA CENTRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AFRICAN FOUNDATION FOR DEVELOPMENT AFFORD | £386k | — | 0 | below | — | no doubt |
| AFRICAN INSTITUTE FOR SOCIAL DEVELOPMENT | £28k | — | 0 | unclear | — | no doubt |
| AFRICA SERVICES INTERNATIONAL | £770k | £60,000 to £69,999 | 1 | unclear | — | no doubt |
| AFRICAN CENTRE FOR DEVELOPMENT AND RESEARCH | £183k | — | — | unclear | — | no doubt |
| AFRICAN DIASPORA FOUNDATION | £31k | — | 0 | unclear | — | no doubt |
| AFRICAN MISSION | £34k | — | — | unclear | — | no doubt |