Charity registration number 1152599 (England and Wales)
Company registration number 08528635
BOOKS TO AFRICA INTERNATIONAL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
BOOKS TO AFRICA INTERNATIONAL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Dr Tonson Sango
Dr Precious Sango
Mr Gideon Sango
Mr Chumang Sango
Charity number (England and Wales)
1152599
Company number
08528635
Registered office
Unit 2
Barton Business Park
New Dover Road
Canterbury
CT1 3AA
Independent examiner
Levicks
12 Dover Street
Canterbury
Kent
CT1 3HD
BOOKS TO AFRICA INTERNATIONAL
CONTENTS
Page
Trustee report
1 - 3
Statement of trustee responsibilities
4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 18
BOOKS TO AFRICA INTERNATIONAL
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

The charity remains focused on its mission to promote a culture of ‘readcycling’ and improve the quality of education in Africa, through the collection, processing, shipping and distribution of quality books, computers and educational materials that equip individuals, institutions, and communities to acquire knowledge and achieve their full potential in a globalised world.

 

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

BOOKS TO AFRICA INTERNATIONAL
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Achievements and performance
Significant activities and achievements against objectives

In 2024, the charity collected 426,000 donated books from donors across the UK. This equates to 42% of our annual 1,000,000 donated books target compared to 40% in the previous year. In addition to our Canterbury Processing Centre, We ran 2 drop-off points this year (Cambridge and Bristol) and they’re starting to make a difference to the number of donated items compared to the previous year. Thanks to your donations, we have also now purchased a 20ft container that will be used to set-up a new Drop-off Point at a School in Hemel Hempstead in 2025.

Books2Africa remains committed to ensuring only suitable and good quality educational materials are sent to Africa. In 2024, our team consisting of 80% volunteers, processed 548,830 donated books at our Canterbury Processing Centre. Our International Volunteer Programme (IVP) continues to complement our UK volunteer workforce to ensure we have enough capacity to process 1,000,000 donated books annually and we look forward to continuing and expanding the programme.

 

The charity is funded by income from sponsors (voluntary donations) and income from our charity shop (trading). In 2024, we raised £60,550 in voluntary donations from sponsors which represents 30% of our annual £200,000 target, compared to 35% in the previous year. We are thankful to the following sponsors who made donations to our 1 Million Books Fund which funds shipments of books and educational resources to Africa: Ninety Foundation (£8,000), The Souter Charitable Trust (£5,000), and The Souter Charitable Trust (£3,000).

 

From charity shop trading, £184,932 (gross) was raised from selling 4% of donated books and non-book items via online marketplaces in the UK, representing 62% of our annual overhead budget target of £300,000. Investing in technology and other operational adjustments led to this major improvement in charity shop income compared to 35% in the previous year.

 

Finally, the charity shipped a total of 534,660 donated books to Africa, fulfilling 52% of total books requested during the year (1,039,001) by academic institutions and educational projects across Africa. This represents a small improvement from the previous year when we fulfilled 44% of total books requested. We also shipped a total of 155 refurbished computers to Africa, fulfilling 59% of total computers requested during the year (264) compared to 25% in the previous year. Despite receiving requests for more than 1 million books across Africa every year, limitations in funding for our 1 Million Books Fund continues to affect how many requests for donated books we can fulfil.

 

In conclusion, the charity's finances are bouncing back, with an improved revenue of £336,563 in 2024 following a decline to £298,245 in 2023. Except for a small decline in funding from sponsors, we made improvements in every other area compared to the previous year. This would not be possible without the relentless efforts of our team members and the incredible generosity of our supporters.

 

Financial review

The Balance Sheet totals a deficit of £80,761. The stock held has the estimated value of £60,800. The stock and anticipated loans from trustees are considered sufficient funds for the charity continuing its activities.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Plans for future periods

In 2025, we plan to continue building on the hard work of our team last year with a particular focus on 3 priority areas: (A) Improving our operational efficiency by enabling more collaborative working and developing more intuitive technology, (B) Increasing our readcycling capacity and logistical reliability by working with partners to establish more UK Drop-off Points and Africa Distribution Centres, and (C) Growing our 1 Million Books Fund through more consistent grant writing and impact reporting. Making progress in these 3 priority areas will require a strong team approach and a culture of excellence which we’ll continue to enable through team training and supporter’s feedback.

BOOKS TO AFRICA INTERNATIONAL
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
Structure, governance and management

The charity is a company limited by guarantee.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Dr Tonson Sango
Dr Precious Sango
Mr Gideon Sango
Mr Chumang Sango
Recruitment and appointment of trustees

None of the members of the trustees has any beneficial interest in the company. All of the members of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

A Kieffer - Honorary Trustee

A Nandan - Honorary Trustee

L Mpofu - Honorary Trustee

P Ikeru - Honorary Trustee

S Bell - Honorary Trustee

 

 

The trustee report was approved by the Board of Trustees.

Dr Tonson Sango
Dr Precious Sango
Trustee
Trustee
26 April 2025
BOOKS TO AFRICA INTERNATIONAL
STATEMENT OF TRUSTEE RESPONSIBILITIES  
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -

The trustees, who are also the directors of Books to Africa International for the purpose of company law, are responsible for preparing the Trustee Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

BOOKS TO AFRICA INTERNATIONAL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BOOKS TO AFRICA INTERNATIONAL
- 5 -

I report to the trustees on my examination of the financial statements of Books to Africa International (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Levicks
12 Dover Street
Canterbury
Kent
CT1 3HD
30 April 2025
BOOKS TO AFRICA INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
Unrestricted
Restricted
Total
Unrestricted
funds
funds
funds
2024
2024
2024
2023
Notes
£
£
£
£
Income and endowments from:
Donations and legacies
2
54,911
5,000
59,911
77,523
Charitable activities
3
263,594
-
263,594
209,494
Investments
4
40
-
40
3
Other income
5
13,018
-
13,018
11,225
Total income
331,563
5,000
336,563
298,245
Expenditure on:
Charitable activities
6
314,532
-
314,532
313,535
Total expenditure
314,532
-
314,532
313,535
Net income/(expenditure)
17,031
5,000
22,031
(15,290)
Other recognised gains and losses:
Other gains/(losses)
12
(22)
-
(22)
6
Net movement in funds
8
17,009
5,000
22,009
(15,284)
Reconciliation of funds:
Fund balances at 1 January 2024
(102,770)
-
(102,770)
(87,486)
Fund balances at 31 December 2024
(85,761)
5,000
(80,761)
(102,770)

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BOOKS TO AFRICA INTERNATIONAL
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 7 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
13
7,376
9,285
Current assets
Stocks
14
60,800
58,200
Debtors
15
7,764
3,312
Cash at bank and in hand
4,892
35
73,456
61,547
Creditors: amounts falling due within one year
18
(141,174)
(152,405)
Net current liabilities
(67,718)
(90,858)
Total assets less current liabilities
(60,342)
(81,573)
Creditors: amounts falling due after more than one year
19
(20,419)
(21,197)
Net liabilities
(80,761)
(102,770)
The funds of the charity
Restricted income funds
20
5,000
-
Unrestricted funds
21
(85,761)
(102,770)
(80,761)
(102,770)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 26 April 2025
Dr Tonson Sango
Dr Precious Sango
Trustee
Trustee
Company registration number 08528635 (England and Wales)
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 8 -
1
Accounting policies
Charity information

Books to Africa International is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 2, Barton Business Park, New Dover Road, Canterbury, CT1 3AA.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 9 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Development costs
100% straight line
1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 10 -
1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability.

BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 11 -
2
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Donations and gifts
21,198
5,000
26,198
32,421
-
32,421
Grants
33,713
-
33,713
45,102
-
45,102
54,911
5,000
59,911
77,523
-
77,523
3
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Book sales
Sale of goods
175,380
125,119
International shipping
Services provided under contract
42,889
34,684
Collections
Services provided under contract
45,325
49,691
263,594
209,494
4
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
40
3
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 12 -
5
Other income
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Net gain on disposal of tangible fixed assets
-
3,411

Gift Aid income

13,018
7,814
13,018
11,225
6
Expenditure on charitable activities
Charitable activities
Charitable activities
2024
2023
£
£
Direct costs
Opening Stock
58,201
49,998
Charity purchases for resale
28,213
39,318
Closing Stock
(60,800)
(58,200)
Staff salaries & volunteer expenses
87,508
86,593
Employers national insurance cost
729
2,951
Rent
46,379
44,483
Light & heat
3,493
5,108
Property repairs & maintenece
4,048
397
Fund raising costs
7,759
2,770
Loan interest
1,674
2,029
Domestic shipping costs
39,358
19,879
International shipping costs
26,246
39,139
BTS projects
4,009
3,331
Other charitable expenditure
39,680
36,564
286,497
274,360
Share of support and governance costs (see note 7)
Governance
28,035
39,175
314,532
313,535
Analysis by fund
Unrestricted funds
314,532
313,535
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 13 -
7
Support costs allocated to activities
2024
2023
£
£
Governance costs
28,035
39,175
Analysed between:
Charitable activities
28,035
39,175
2024
2023
Governance costs comprise:
£
£
Staff costs
22,500
29,550
Depreciation
2,459
3,095
Accountancy
1,200
1,380
Legal and professional
310
282
Bank charges
301
837
PAYE interest incurred
1,265
4,031
28,035
39,175
8
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
-
-
Depreciation of owned tangible fixed assets
2,459
3,095
Loss/(profit) on disposal of tangible fixed assets
-
(3,411)
9
Trustees

One or more trustees has been paid remuneration or received other benefits from employment with the charity.

Dr T Sango is still employed with charity and the employment contact is in agreement with the Memorandum & Articles. The trustee (Mr T Sango) is still Chair of the Board of Trustees but has lost his voting rights.

The charity did not pay T Sango from April 2024 - December 2024, totalling £22,500 (£2,500 per month) this is still owing at the year end. (2023- Nil).

Dr P Sango had lent the charity £19,400 during the year and £57,330 has been repaid by the year end leaving the balance due to the trustee £59,582 (2023 - £97,512). The loan is repayable on demand and is at 0% interest rate.

 

BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 14 -
10
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
3
7
Employment costs
2024
2023
£
£
Wages and salaries
22,500
28,497
Social security costs
-
1,053
22,500
29,550
There were no employees whose annual remuneration was more than £60,000.
11
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12
Other gains and losses
Unrestricted
Unrestricted
funds
funds
2024
2023
Gains/(losses) upon:
£
£
Foreign exchange
22
(6)
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 15 -
13
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 January 2024
20,393
1,491
21,884
Additions
-
550
550
At 31 December 2024
20,393
2,041
22,434
Depreciation and impairment
At 1 January 2024
11,295
1,304
12,599
Depreciation charged in the year
2,275
184
2,459
At 31 December 2024
13,570
1,488
15,058
Carrying amount
At 31 December 2024
6,823
553
7,376
At 31 December 2023
9,098
187
9,285
14
Stocks
2024
2023
£
£
Raw materials and consumables
60,800
58,200
15
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
7,764
3,312
16
Loans and overdrafts
2024
2023
£
£
Bank overdrafts
348
522
Bank loans
24,608
21,209
Directors' loans
59,582
97,512
84,538
119,243
Payable within one year
70,884
106,810
Payable after one year
13,654
12,433
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 16 -
17
Finance lease obligations
Future minimum lease payments due under finance leases:
2024
2023
£
£
Within one year
2,000
2,000
Within two and five years
6,765
8,764
8,765
10,764
18
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Bank loans and overdrafts
16
11,302
9,298
Obligations under finance leases
17
2,000
2,000
Other borrowings
59,582
97,512
Other taxation and social security
44,490
44,309
Other creditors
22,500
(3,194)
Accruals and deferred income
1,300
2,480
141,174
152,405
19
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Bank loans
16
13,654
12,433
Obligations under finance leases
17
6,765
8,764
20,419
21,197
20
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January 2024
Incoming resources
At 31 December 2024
£
£
£
-
5,000
5,000
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 17 -
21
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2024
Incoming resources
Resources expended
Gains and losses
At 31 December 2024
£
£
£
£
£
General funds
(102,770)
331,563
(314,532)
(22)
(85,761)
Previous year:
At 1 January 2023
Incoming resources
Resources expended
Gains and losses
At 31 December 2023
£
£
£
£
£
General funds
(87,486)
298,245
(313,535)
6
(102,770)
22
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Tangible assets
7,376
-
7,376
Current assets/(liabilities)
(72,718)
5,000
(67,718)
Long term liabilities
(20,419)
-
(20,419)
(85,761)
5,000
(80,761)
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 December 2023:
Tangible assets
9,285
-
9,285
Current assets/(liabilities)
(90,858)
-
(90,858)
Long term liabilities
(21,197)
-
(21,197)
(102,770)
-
(102,770)
BOOKS TO AFRICA INTERNATIONAL
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 18 -
23
Donated goods and volunteers

The charity receives most of the its stock through books donated from organisations within the UK. The value has been placed at 10p per book as this reflects the work involved of preparing the books ready for shipping to Africa.

 

Volunteers also offer their labour free of charge as and when they are needed and available.

24
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

2024-12-312024-01-01falsefalseCCH SoftwareiXBRL Review & Tag 2024.2085286352024-01-012024-12-3108528635bus:Director12024-01-012024-12-3108528635bus:Director22024-01-012024-12-3108528635bus:Director32024-01-012024-12-3108528635bus:Director42024-01-012024-12-31085286352024-12-31085286352023-12-31085286352023-01-012023-12-3108528635bus:FRS1022024-01-012024-12-3108528635char:IndependentExaminationCharity2024-01-012024-12-3108528635bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP