THE AFRICA TRUST
Africa Trust works to bring sustainable solutions to poverty in Africa. They establish sustainable supplies of clean water and decent sanitation. Income generating projects are used to pay school fees, improve clinics and generate funds needed to run orphanages. With business skills training, villagers start businesses and funds are circulated to catalyse new projects.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £203,414 at the end of the year, which is above the trustees' agreed minimum target of £100,000. The charity reported a surplus of £132,100 for the year, supported by incoming resources of £1,579,432. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Kirsten Searle is a director and controlling shareholder of AquAid Franchising Limited which company is the major contributor to the Charity, donating £1,151,897 in the year 2024” — page 8
“The trustees agreed that the minimum level of free reserves would now be set at £100,000.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DAVID FREMEL
- Joshua Searle
- KIRSTEN SEARLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £1.4m |
| 31/12/2023 | £1.4m | £1.4m |
| 31/12/2022 | £1.7m | £1.9m |
| 31/12/2021 | £1.6m | £1.7m |
| 31/12/2020 | £1.2m | £1.2m |
Common questions
Is THE AFRICA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £203,414 at the end of the year, which is above the trustees' agreed minimum target of £100,000. The charity reported a surplus of £132,100 for the year, supported by incoming resources of £1,579,432. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Brown Warner LLP.
Who funds THE AFRICA TRUST?
Funders whose own accounts filings name THE AFRICA TRUST as a grant recipient include COLEFAX CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COLEFAX CHARITABLE TRUST | FY2023 | £5k | |
| COLEFAX CHARITABLE TRUST | FY2022 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ORPHANS IN NEED | 1 | £1.6m |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £8k |
| THE WOGEN ANNIVERSARY TRUST | 1 | £3k |
| ROTARY CLUB OF STURMINSTER NEWTON TRUST FUND | 1 | £2k |
Charities like this
- THE A123 TRUST
- BUILD AFRICA
- SOS AFRICA
- ACT (AFRICAN CHILD TRUST)
- SWANLAND EDUCATION AFRICA TRUST
- AFRICAN DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AFRICA TRUST | £1.6m | — | 0 | above | — | no doubt |
| THE A123 TRUST | £158k | — | 0 | unclear | — | no doubt |
| BUILD AFRICA | £540k | — | 0 | above | 1.0% | no doubt |
| SOS AFRICA | £992k | — | 0 | above | — | no doubt |
| ACT (AFRICAN CHILD TRUST) | £204k | — | 0 | unclear | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |