AKWAABA FOUNDATION
To advance in life, relieve the needs of and help young people aged 2 to 25 living in poverty within disadvantaged communities in Accra, Ghana in particular by funding the charitable work of the Ghanaian charity known as Akwaaba Volunteers which organises programmes of physical, educational, sporting and other activities. Also helping individuals with disabilities.
Objects
THE OBJECT OF THE CIO IS:TO ADVANCE IN LIFE, RELIEVE THE NEEDS OF AND HELP YOUNG PEOPLE AGED 2 TO 25 LIVING IN POVERTY WITHIN DISADVANTAGED COMMUNITIES IN ACCRA, GHANA IN PARTICULAR BY FUNDING THE CHARITABLE WORK OF THE GHANIAN CHARITY KNOWN AS AKWAABA VOLUNTEERS WHICH ORGANISES PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF:A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;B) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITIES IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE;C) ADVANCING EDUCATION;D) PRESERVING AND PROTECTING GOOD HEALTH.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the period with zero cash at bank and zero net assets, having incurred a significant deficit against its income. The document does not disclose any reserves policy or unrestricted reserves figure, and the financial position appears critically constrained with no remaining liquid resources.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding vulnerable beneficiaries
Trustees
- Martin Palmerchair
- Catherine Roy-Stanley
- Francesca Palmer
- Nicholas Crispin Burnett Gill
- Rob Ellington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £67k | £76k |
| 31/03/2025 | £132k | £95k |
| 31/03/2024 | £71k | £62k |
Common questions
Is AKWAABA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the period with zero cash at bank and zero net assets, having incurred a significant deficit against its income. The document does not disclose any reserves policy or unrestricted reserves figure, and the financial position appears critically constrained with no remaining liquid resources.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLOOM FOUNDATION | 2 | £175k |
| GOWER STREET | 1 | £274k |
| THE RUDDOCK FOUNDATION FOR THE ARTS | 1 | £118k |
| THE EQ FOUNDATION | 1 | £75k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| GANDYS FOUNDATION | 1 | £47k |
| HAMMERSMITH UNITED CHARITIES | 1 | £31k |
Charities like this
- SAO FOUNDATION
- AFRIKIDS LIMITED
- AWAKEN LOVE FOR AFRICA
- BASSUAH LEGACY FOUNDATION
- THE POINT FOUNDATION
- gold-youth Africa Foundation UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AKWAABA FOUNDATION | £67k | — | 0 | unclear | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| AFRIKIDS LIMITED | £1.6m | Over £60,000 | 1 | unclear | — | no doubt |
| AWAKEN LOVE FOR AFRICA | £294k | — | 0 | unclear | — | no doubt |
| BASSUAH LEGACY FOUNDATION | £147k | — | 0 | below | — | no doubt |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |