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

AFRICAN FOUNDATION FOR DEVELOPMENT AFFORD

Registered charity 1104682 · accounts filings on the Charity Commission register · also known as AFFORD

Latest income
£386k
Latest spending
£453k
Registered
2004
Accounts read
FY2025

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

Reserves position: below the charity's own stated reserves policy
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by CKRD Accountants & Registered Auditors.

Corporate structure

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/03/2024)

Total income
£671k
Total spending
£679k
Reserves (reported)
£12k
Employees
5

Reported reserves equal ~0.2 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: Benin · Cameroon · Ethiopia · Ghana · Guinea · Kenya · Lesotho · Nigeria · Rwanda · Senegal · Sierra Leone · Somalia

Income and spending

Financial year endIncomeSpending
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?

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.

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
REIFER MEMORIAL LIMITED1£55k
GOSPEL PARTNERS TRUST1£10k
THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT1£5k
HEATH EVANGELICAL CHURCH CARDIFF1£3k
MISS E F RATHBONE CHARITABLE TRUST1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ASFARI FOUNDATION.