SERGE BETSEN ACADEMY LTD
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.
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.
What the accounts disclose
“Turnover includes revenue earned from the sale of goods and from the rendering of services.”
“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
Trustees
- SERGE BETSEN TCHOUAchair
- Olivier Morato
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.