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

SERGE BETSEN ACADEMY LTD

Registered charity 1138163 · accounts filings on the Charity Commission register · also known as SERGE BETSEN ACADEMY

The charity's activities relate to the provision of sporting facilities and general community centers for children to help the relief of poverty, sickness and distress as well the advancement of education in Cameroon and in Mali.

Objects

THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:-1) THE RELIEF OF POVERTY, SICKNESS AND DISTRESS IN PARTICULAR BUT NOT EXCLUSIVELY FOR THE CHILDREN OF CAMEROON THROUGH THE PROVISION OR ASSISTANCE IN THE PROVISION OF CHILDREN'S CENTRES INCLUDING ORPHANAGES;2) THE ADVANCEMENT OF EDUCATION, IN PARTICULAR BUT NOT EXCLUSIVELY, FOR THE CHILDREN OF CAMEROON THROUGH THE PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES INCLUDING SPORTS FACILITIES;3) TO ADVANCE THE CHRISTIAN RELIGION IN PARTICULAR BUT NOT EXCLUSIVELY FOR THE CHILDREN OF CAMEROON.

Area of benefit: CAMEROON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · website · Get email alerts

Latest income
£41k
Latest spending
£34k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the company incurred an operating loss of £16,000 for the year ended 31 December 2024, resulting in net liabilities of £17,166,000. The director has prepared the financial statements on a going concern basis, and the accountant's report confirms the accounts were prepared from the company's accounting records without an audit opinion.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Turnover includes revenue earned from the sale of goods and from the rendering of services.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-17.2m)
“The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cameroon · Mali

Income and spending

Financial year endIncomeSpending
31/12/2024£41k£34k
31/12/2023£6k£3k
31/12/2022£153£125
31/12/2021£23k£34k
31/12/2020£3k£26k

Common questions

Is SERGE BETSEN ACADEMY LTD financially healthy?

Per its FY2024 accounts: The accounts state that the company incurred an operating loss of £16,000 for the year ended 31 December 2024, resulting in net liabilities of £17,166,000. The director has prepared the financial statements on a going concern basis, and the accountant's report confirms the accounts were prepared from the company's accounting records without an audit opinion. Its FY2024 accounts were independently examined.