THE AFRICA CENTRE LIMITED
Registered charity 313510 · accounts filings on the Charity Commission register
Cultural and education events and programmes
Causes: Education/training · Arts/culture/heritage/science · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £542,040 for the year, resulting in a decrease in total funds from £8,458,413 to £7,916,373. The trustees note that the charity had current liabilities exceeding its unrestricted cash resources and identified a material uncertainty regarding its ability to continue as a going concern, mitigated by securing a loan against its freehold building. Despite these pressures, the trustees maintain that the charity has adequate resources to continue operations for the foreseeable future.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Going concern: material uncertainty disclosed
“We draw attention to note 2.2 in the financial statements, which indicates that the charitable company has net current liabilities, and despite the property sale after the year end will be obtaining a loan in order to have sufficient cashflow. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the charitable company's ability to continue as a going concern.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Hillier Hopkins LLP. Discloses 3 of 6 completeness components.
Public fundraising profile: JustGiving — The Africa Centre (matched by registered charity number).
Property (HM Land Registry)
3 registered titlesin England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).
- OBA NSUGBEchair
- Michael Farinu
- Nzube Ufodike · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is THE AFRICA CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £542,040 for the year, resulting in a decrease in total funds from £8,458,413 to £7,916,373. The trustees note that the charity had current liabilities exceeding its unrestricted cash resources and identified a material uncertainty regarding its ability to continue as a going concern, mitigated by securing a loan against its freehold building. Despite these pressures, the trustees maintain that the charity has adequate resources to continue operations for the foreseeable future. Its FY2025 accounts were audited by Hillier Hopkins LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Side by side with its peers
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