THE CENTRE FOR AFRICAN ENTREPRENEURSHIP

Charity number: 1163348
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Centre for African Entrepreneurship aims to inspire, support and promote African entrepreneurship. Our main objectives are: - To raise awareness in the African Community of the opportunities presented by Entrepreneurship - To encourage African migrants to consider starting their own businesses - To guide and inspire the African community how to succeed through enterprise.

Income and expenditure

Data for financial year ending 31 August 2024

Total income: £0
Total expenditure: £478,531

Total income includes £251,922 from 5 government grant(s)

People

10 Employee(s)

3 Trustee(s)

26 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Accommodation/housing
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Congo (Democratic Republic)

Governance

Registration history:
  • 01 September 2015: CIO registration
Organisation type:
CIO
Other names:
  • CHILDREN'S AID DRC CHARITY (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Rebecca Nyasha Mamhende Chair 18 November 2021
None on record
DAVID OUEDRAOGO Trustee 24 February 2025
None on record
Ardeshir Foroozan Trustee 11 February 2023
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £198.72k £248.29k £559.56k £373.42k £684.87k
Total expenditure £140.36k £266.71k £369.71k £388.26k £478.53k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £5.00k £309.55k £70.74k £251.92k
Income - Donations and legacies N/A N/A £559.56k N/A £0
Income - Other trading activities N/A N/A £0 N/A £0
Income - Charitable activities N/A N/A £0 N/A £0
Income - Endowments N/A N/A £0 N/A £0
Income - Investment N/A N/A £0 N/A £0
Income - Other N/A N/A £0 N/A £0
Income - Legacies N/A N/A £0 N/A £0
Expenditure - Charitable activities N/A N/A £369.71k N/A £478.53k
Expenditure - Raising funds N/A N/A £0 N/A £0
Expenditure - Governance N/A N/A £0 N/A £0
Expenditure - Grants institution N/A N/A £0 N/A £0
Expenditure - Investment management N/A N/A £0 N/A £0
Expenditure - Other N/A N/A £0 N/A £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 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets N/A N/A £268.19k N/A £456.47k
Long-term investments N/A N/A £0 N/A £0
Other assets N/A N/A £52.53k N/A £94.57k
Defined benefit pension scheme asset or liability N/A N/A £0 N/A £0
Total liabilities N/A N/A £66.60k N/A £105.42k

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 August 2024 30 June 2025 On time
Accounts and TAR 31 August 2024 30 June 2025 On time
Annual return 31 August 2023 28 June 2024 On time
Accounts and TAR 31 August 2023 29 June 2024 On time
Annual return 31 August 2022 29 June 2023 On time
Accounts and TAR 31 August 2022 29 June 2023 On time
Annual return 31 August 2021 10 June 2022 On time
Accounts and TAR 31 August 2021 10 June 2022 On time
Annual return 31 August 2020 14 January 2021 On time
Accounts and TAR 31 August 2020 14 January 2021 On time
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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.

CIO - FOUNDATION REGISTERED 01 SEP 2015 AMENDED ON 01 JUL 2016

Charitable objects

THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT. -TO PREVENT OR RELIEVE POVERTY THROUGH UNDERTAKING AND SUPPORTING RESEARCH INTO FACTORS THAT CONTRIBUTE TO POVERTY AND THE MOST APPROPRIATE WAYS TO MITIGATE THESE. -THE PREVENTION OR RELIEF OF POVERTY IN AFRICA BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY. -TO RELIEVE POVERTY OR FINANCIAL HARDSHIP AMONG REFUGEES, ASYLUM SEEKERS, MIGRANT WORKERS FROM AFRICA AND THEIR DEPENDANTS LIVING IN THE UK BY PROVIDING INTERPRETING/TRANSLATING/HEALTH/HOUSING ADVICE AND EDUCATION. -TO RELIEVE THE POVERTY OF YOUNG PEOPLE BY THE PROVISION OF GRANTS TO ENABLE THEM TO PARTICIPATE IN HEALTHY RECREATIONAL ACTIVITIES THAT THEY COULD NOT OTHERWISE AFFORD.

Contact information

Address:
28 Oxford Street
SWANSEA
West Glamorgan
SA1 3AN
Phone:
07462704804
Email:
info@caentr.org
Website:

http://www.caentr.org/ Open in new window