THE CENTRE FOR AFRICAN ENTREPRENEURSHIP
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £14,841 for the year, resulting in total funds carried forward of £239,279. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity relies mostly on restricted funding for specific projects and is exploring strategies to generate good returns on reserves.
What the accounts disclose
“Their policy is to hold enough funds to meet four months' operating costs of the charity.”
“Super Bio-boost Limited has a balance outstanding of £682.” — page 22
“Therefore, the current balance of the employee loan at the year end was £9,266.” — page 22
“Super Bio-boost Limited has a balance outstanding of £682.” — page 22
“Therefore, the current balance of the employee loan at the year end was £9,266.” — page 22
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Rebecca Nyasha Mamhendechair
- Ardeshir Foroozan
- ELLY HERMINAWATI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £642k | £430k |
| 31/08/2024 | £685k | £479k |
| 31/08/2023 | £373k | £388k |
| 31/08/2022 | £560k | £370k |
| 31/08/2021 | £248k | £267k |
Common questions
Is THE CENTRE FOR AFRICAN ENTREPRENEURSHIP financially healthy?
The accounts state that the charity reported a net expenditure of £14,841 for the year, resulting in total funds carried forward of £239,279. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity relies mostly on restricted funding for specific projects and is exploring strategies to generate good returns on reserves. Its FY2023 accounts were independently examined.
Who funds THE CENTRE FOR AFRICAN ENTREPRENEURSHIP?
Funders whose own accounts filings name THE CENTRE FOR AFRICAN ENTREPRENEURSHIP as a grant recipient include THE JOSEPH ROWNTREE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2023 | £150k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2021 | £70k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN ELLERMAN FOUNDATION | 1 | £75k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | 1 | £41k |
| H C D MEMORIAL FUND | 1 | £25k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £18k |