ALLIANCE FOR WOMEN AND GIRLS
Financial health, per its FY2025 accounts
The accounts state that the organization incurred a deficit of $123,163 for the year ended 31 March 2025, resulting in negative unrestricted reserves of $184,723. The trustees report that this negative position is due to planned investment in programme delivery and organizational set-up costs during a period of rapid growth. Despite the deficit, the trustees are not aware of any material uncertainties regarding the organization's ability to continue as a going concern.
What the accounts disclose
“At 31 March 2025, the organisation held negative unrestricted reserves as a result of planned investment in programme delivery and organisational set-up costs during a period of rapid growth. The Trustees are actively implementing a reserves-building strategy, supported by confirmed and prospective funding, with the aim of establishing an appropriate level of unrestricted reserves over the medium term.” — page 9
“Currently, AFWAG does not maintain payment vouchers as evidence that payments made have undergone the required approval process and that segregation of duties was observed.”
“During the audit, the team identified the following clauses in the finance and administration manual that were not implemented: 2.6 Property and equipment: AFWAG capitalizes all individual items of equipment above $2,500 in cost. Assets of lower purchase value capitalized in the year.” — page 38
“Currently, AFWAG does not maintain payment vouchers as evidence that payments made have undergone the required approval process and that segregation of duties was observed.”
“During the audit, the team identified the following clauses in the finance and administration manual that were not implemented: 2.6 Property and equipment: AFWAG capitalizes all individual items of equipment above $2,500 in cost. Assets of lower purchase value capitalized in the year.” — page 38
Trustees
- Aisha Muhammed-Oyebodechair
- Fungai Mutambudzi
- Gerald Chirinda
- Nemaisa Kiereini
- Vongai Nyahunzvi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £215k | £239k |
Common questions
Is ALLIANCE FOR WOMEN AND GIRLS financially healthy?
The accounts state that the organization incurred a deficit of $123,163 for the year ended 31 March 2025, resulting in negative unrestricted reserves of $184,723. The trustees report that this negative position is due to planned investment in programme delivery and organizational set-up costs during a period of rapid growth. Despite the deficit, the trustees are not aware of any material uncertainties regarding the organization's ability to continue as a going concern. Its FY2025 accounts were audited by Lexan & Associates.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDMAN SACHS GIVES (UK) | 1 | £1.3m |
| THE SCHRODER FOUNDATION | 1 | £240k |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| LUCILLE FOUNDATION | 1 | £150k |
| THE TOLKIEN TRUST | 1 | £80k |
| THE GREATER SHARE FOUNDATION | 1 | £80k |
| MRS WINGFIELD'S CHARITABLE TRUST | 1 | £63k |
| SPEARS-STUTZ CHARITABLE TRUST | 1 | £50k |