AFRICAN ENTERPRISE INTERNATIONAL
Financial health, per its FY2022 accounts
The accounts state that the charity ended the year in a comfortable financial position despite incurring a net deficit of $35,678. Total income was $1,634,195, while total expenditure was $1,669,873, resulting in a decrease in total funds carried forward from $273,665 to $237,987. The trustees confirmed that resources are adequate for the foreseeable future, with no material uncertainties identified regarding the going concern basis.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anne Coomes
- Dr Joseph Mayala Mitinje
- Florence Mangwe Hutchful
- JEFFREY LINDSAY COLLETT
- Oscar Mbola Ochieng
- Rangford Chokhotho
- Rev Antoine Rutayisire
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.2m |
| 31/12/2023 | £1.4m | £1.5m |
| 31/12/2022 | £1.4m | £1.4m |
| 31/12/2021 | £1.1m | £1.1m |
| 31/12/2020 | £1.1m | £998k |
Common questions
Is AFRICAN ENTERPRISE INTERNATIONAL financially healthy?
The accounts state that the charity ended the year in a comfortable financial position despite incurring a net deficit of $35,678. Total income was $1,634,195, while total expenditure was $1,669,873, resulting in a decrease in total funds carried forward from $273,665 to $237,987. The trustees confirmed that resources are adequate for the foreseeable future, with no material uncertainties identified regarding the going concern basis. Its FY2022 accounts were audited by Reza Motazedi and Co LLP.