ACE AFRICA (UK)
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves fell to £19,565, which is below the trustees' stated policy target of four months of unrestricted budgeted expenditure. This shortfall is attributed to prioritizing unrestricted funding for East Africa programs, reduced fundraising capacity, and donor reluctance to fund UK operating costs. Despite this, the trustees maintain that improving reserves remains a priority to promote organizational stability.
What the accounts disclose
“The closing balance of free reserves, £19,565 in 2025 was below our target” — page 10
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Funders the charity credits
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Duarte Nuno Pereira Lourenco
- Einat Korn
- Graham Wood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £508k | £578k |
| 31/12/2024 | £675k | £667k |
| 31/12/2023 | £725k | £739k |
| 31/12/2022 | £602k | £629k |
| 31/12/2021 | £737k | £723k |
Common questions
Is ACE AFRICA (UK) financially healthy?
The accounts state that unrestricted reserves fell to £19,565, which is below the trustees' stated policy target of four months of unrestricted budgeted expenditure. This shortfall is attributed to prioritizing unrestricted funding for East Africa programs, reduced fundraising capacity, and donor reluctance to fund UK operating costs. Despite this, the trustees maintain that improving reserves remains a priority to promote organizational stability. Its FY2025 accounts were independently examined.
Who funds ACE AFRICA (UK)?
Funders whose own accounts filings name ACE AFRICA (UK) as a grant recipient include H C D MEMORIAL FUND, THE ADRIAN SWIRE CHARITABLE TRUST, THE PAUL AND SHEILA BRADSHAW FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| H C D MEMORIAL FUND | FY2024 | £25k |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2023 | £18k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | FY2025 | £17k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | FY2024 | £12k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | FY2023 | £12k |