AFRICAN AGRICULTURAL TECHNOLOGY FOUNDATION

Charity number: 1107507
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

RELIEF OF POVERTY IN SUB-SAHARAN AFRICA BY: IMPROVING FOOD SECURITY; FACILITATING PARTNERSHIPS FOR TRANSFER AND USE OF AGRICULTURAL TECHNOLOGIES BY SMALLHOLDER/RESOURCE-POOR FARMERS. DEVELOPING, ARRANGING AND EFFECTING ACCESS BY SMALLHOLDER FARMERS TO EXISTING AGRICULTURAL TECHNOLOGIES THAT CAN BE ADAPTED FOR THEIR BENEFIT.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£10,713,232

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Donations and legacies £7.57m
Charitable activities £1.68m
Other trading activities £0
Investments £417.78k
Other £1.05m

Total expenditure:
£13,375,884

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Raising funds £2.38m
Charitable activities £10.99m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £2.38m
Charitable expenditure £10.99m

People

46 Employee(s)

11 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£120k to £130k 2
£140k to £150k 6
£150k to £200k 3
£200k to £250k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Angola
  • Australia
  • Benin
  • Botswana
  • Burkina Faso
  • Burundi
  • Cameroon
  • Cape Verde
  • Central African Republic
  • Chad
  • Colombia
  • Comoros
  • Congo
  • Congo (Democratic Republic)
  • Djibouti
  • Equatorial Guinea
  • Eritrea
  • Eswatini
  • Ethiopia
  • Gabon
  • Ghana
  • Guinea
  • Guinea-bissau
  • Ivory Coast
  • Kenya
  • Lesotho
  • Liberia
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Mauritius
  • Mexico
  • Mozambique
  • Namibia
  • Niger
  • Nigeria
  • Rwanda
  • São Tomé And Principe
  • Senegal
  • Seychelles
  • Sierra Leone
  • Somalia
  • South Africa
  • Sudan
  • Tanzania
  • The Gambia
  • Togo
  • Uganda
  • United States
  • Zambia
  • Zimbabwe

Governance

Registration history:
  • 07 January 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • AATF (Working name)
Company number:
04645806 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • 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
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Aggrey John Douglas Ambali Prof Chair 10 November 2022
None on record
Dr Bonface Kangentu Kaberia Trustee 22 February 2023
None on record
Professor Garba Hamidu Sharubutu Trustee 09 December 2022
None on record
Dr Evelyn Margaret Gill Trustee 03 November 2022
None on record
Professor Muhammadou Momodou Omar Kah Trustee 14 January 2022
None on record
Dr BERNARD SLIPPERS Prof. Trustee 10 November 2021
None on record
Dr Canisius Kanangire Trustee 01 July 2021
None on record
Shey Romanus Tata Trustee 31 October 2019
None on record
Dr Dahlia Garwe Trustee 31 October 2019
None on record
George Agyemang Sarpong Trustee 15 December 2018
None on record
Sylvia Horemans Trustee 15 December 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £18.06m £11.93m £12.85m £9.57m £10.71m
Total expenditure £14.04m £10.75m £11.13m £11.83m £13.38m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.83m £1.17m N/A N/A N/A
Income - Donations and legacies £15.29m £10.53m £11.26m £8.52m £7.57m
Income - Other trading activities £117.76k £405.79k £217.19k £134.70k £0
Income - Charitable activities £2.07m £660.70k £929.91k £576.70k £1.68m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £227.28k £308.33k £429.77k £329.98k £417.78k
Income - Other £349.03k £23.55k £9.17k £5.69k £1.05m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £14.04m £9.30m £10.25m £10.95m £10.99m
Expenditure - Raising funds £0 £1.45m £880.25k £880.25k £2.38m
Expenditure - Governance £237.67k £138.72k £201.16k £152.12k £184.28k
Expenditure - Grants institution £5.02m £3.76m £4.21m £687.03k £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £2.53m £2.15m £1.96m £1.71m £1.87m
Long-term investments £0 £0 £0 £0 £0
Other assets £13.53m £14.71m £17.12m £14.97m £15.48m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £2.59m £2.29m £2.55m £1.08m £1.22m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 08 October 2024 On Time
Accounts and TAR 31 December 2023 08 October 2024 On Time Download Open in new window
Annual return 31 December 2022 27 October 2023 On Time
Accounts and TAR 31 December 2022 27 October 2023 On Time Download Open in new window
Annual return 31 December 2021 27 October 2022 On Time
Accounts and TAR 31 December 2021 27 October 2022 On Time Download Open in new window
Annual return 31 December 2020 31 March 2022 151 days late
Accounts and TAR 31 December 2020 01 April 2022 152 days late Download Open in new window
Annual return 31 December 2019 23 December 2020 53 days late
Accounts and TAR 31 December 2019 23 December 2020 53 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 23 JANUARY 2003 AS AMENDED BY SPECIAL RESOLUTION DATED 10 NOVEMBER 2004.

Charitable objects

THE RELIEF OF POVERTY IN AFRICA BY: (1) IMPROVING FOOD SECURITY; (2) FACILITATING PARTNERSHIPS FOR THE TRANSFER AND USE OF APPROPRIATE AGRICULTURAL TECHNOLOGIES BY SMALLHOLDER FARMERS AND, IN PARTICULAR, RESOURCE-POOR FARMERS; (3) DEVELOPING, ARRANGING AND EFFECTING ACCESS BY SMALLHOLDER FARMERS AND, IN PARTICULAR RESOURCE-POOR FARMERS, TO EXISTING AGRICULTURAL TECHNOLOGIES THAT CAN BE ADAPTED TO OR FOR THEIR BENEFIT. FOOD SECURITY IS DEFINED BY THE UN'S FOOD AND AGRICULTURAL ORGANISATION AS EXISTING WHEN ALL PEOPLE AT ALL TIMES, HAVE PHYSICAL AND ECONOMIC ACCESS TO SUFFICIENT, SAFE AND NUTRITIOUS FOOD TO MEET THEIR DIETARY NEEDS AND FOOD PREFERENCES FOR AN ACTIVE AND HEALTHY LIFE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

AFRICA.

Contact information

Address:
AFRICAN AGRICULTURAL TECHNOLOGY FOU
ARNOLD & PORTER KAYE SCHOLER (UK)
LLP
42 INTERNATIONAL FINANCIAL CENTRE
25 OLD BROAD STREET
LONDON
Phone:
+254204223700
Email:
aatf@aatf-africa.org
Website:

www.aatf-africa.org Open in new window