AFRICAN STUDIES ASSOCIATION OF THE UNITED KINGDOM
Latest income
£121k
Latest spending
£63k
Registered
1966
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £179,335, which is significantly above the stated policy target of approximately £90,000. The trustees confirm that resources are adequate to support ongoing activities, with no material uncertainties identified regarding going concern.
What the accounts disclose
Reserves policy: at least 1 year's non-conference unrestricted expenditure plus a £50,000 contingency (held: £179k)
“The reserves policy is to maintain an operational reserve equivalent to at least 1 year's non-conference unrestricted expenditure plus a £50,000 contingency for any unforeseen deficit arising on the biennial conference. At 31 December 2024 this amounts to about £90,000.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: A Trustee was appointed as conference convenor/curator following a recruitment process approved by Trustees.
“Following a recruitment process, a Trustee was appointed as the conference convenor/curator. His appointment was approved and minuted by the Trustees.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Dr Carli Coetzeechair
- Dr LOUISA EGBUNIKE
- Dr NICI NELSON-MATTINGLY
- Prof Sharifah Sekalala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £121k | £63k |
| 31/12/2023 | £11k | £4k |
| 31/12/2022 | £40k | £58k |
| 31/12/2021 | £42k | £51k |
| 31/12/2020 | £9k | £22k |
Common questions
Is AFRICAN STUDIES ASSOCIATION OF THE UNITED KINGDOM financially healthy?
The accounts state that unrestricted reserves stood at £179,335, which is significantly above the stated policy target of approximately £90,000. The trustees confirm that resources are adequate to support ongoing activities, with no material uncertainties identified regarding going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £1.4m |
| THE NUFFIELD FOUNDATION | 1 | £518k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £108k |
| THE SCHRODER FOUNDATION | 1 | £80k |
| THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA | 1 | £72k |
| BRITISH ACCOUNTING AND FINANCE ASSOCIATION | 1 | £20k |
| The Schroder 1905 Trust | 1 | £10k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |