AFRICA RESEARCH EXCELLENCE FUND — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 19 March 2021
Removed: Not supplied
Company number supplied: 13219209
Financial period: 1 April 2024 – 31 March 2025
Latest income: £1,012,463
Latest expenditure: £2,305,430
Gift Aid: No
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: c/o Medical Research Foundation, Watchmaker Court, 33 St John's Lane, London, EC1M 4BJ

Website recorded by the regulator: https://www.africaresearchexcellencefund.org.uk/ (displayed as text)

02 Activities

What the charity does

The Africa Research Excellence Fund promotes medical research in Africa for the public benefit by providing education and training opportunities for individuals who are citizens of a country in Africa and are aspiring to, or have already embarked on, a career in medical research in Africa. The charity hosts training programmes and provides grants to support the development of research skills.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 January 2026
Date Annual Return Received: 15 January 2026
Date Accounts Received: 15 January 2026
Total Gross Income: £1,012,463
Total Gross Expenditure: £2,305,430

Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 January 2025
Date Annual Return Received: 28 November 2024
Date Accounts Received: 11 December 2024
Total Gross Income: £5,740,550
Total Gross Expenditure: £2,335,071

Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 January 2024
Date Annual Return Received: 28 November 2023
Date Accounts Received: 31 January 2024
Total Gross Income: £715,195
Total Gross Expenditure: £1,526,251

Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 January 2023
Date Annual Return Received: 31 January 2023
Date Accounts Received: 31 January 2023
Total Gross Income: £5,118,203
Total Gross Expenditure: £1,388,825

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 15 January 2026
Total Gross Income: £1,012,463
Total Gross Expenditure: £2,305,430
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 28 November 2024
Total Gross Income: £5,740,550
Total Gross Expenditure: £2,335,071
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 70001 80000: 0
Count Salary Band 80001 90000: 1
Count Salary Band 90001 100000: 0
Count Salary Band 100001 110000: 0
Count Salary Band 110001 120000: 0
Count Salary Band 120001 130000: 0
Count Salary Band 130001 140000: 0
Count Salary Band 140001 150000: 0
Count Salary Band 150001 200000: 0
Count Salary Band 200001 250000: 0
Count Salary Band 250001 300000: 0
Count Salary Band 300001 350000: 0
Count Salary Band 350001 400000: 0
Count Salary Band 400001 450000: 0
Count Salary Band 450001 500000: 0
Count Salary Band Over 500000: 0
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 28 November 2023
Total Gross Income: £715,195
Total Gross Expenditure: £1,526,251
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 80001 90000: 1
Count Volunteers: 2

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 31 January 2023
Total Gross Income: £5,118,203
Total Gross Expenditure: £1,388,825
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 70001 80000: 1
Count Volunteers: 2

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 15 January 2026
Income Donations And Legacies: 895968
Income Other Trading Activities: 0
Income Charitable Activities: 8000
Income Investments: 108495
Income Other: 0
Income Total Income And Endowments: 1012463
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £93,791
Expenditure Charitable Expenditure: £2,211,639
Expenditure Other: 0
Expenditure Total: 2305430
Expenditure Investment Management: 0
Expenditure Grants Institution: 1293936
Expenditure Governance: 25056
Expenditure Support Costs: 324843
Expenditure Depreciation: 7876
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £930,494
Assets Total Fixed: 12474
Assets Own Use: 12474
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £7,968,128
Assets Total Liabilities: £2,950,459
Assets Current Investment: 0
Assets Total Assets And Liabilities: £5,030,143
Creditors One Year Total Current: 2631026
Creditors Falling Due After One Year: 319433
Assets Cash: £1,460,354
Funds Endowment: 0
Funds Unrestricted: 1650388
Funds Restricted: 3379755
Funds Total: 5030143
Count Employees: 17
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 28 November 2024
Income Donations And Legacies: 5619677
Income Other Trading Activities: 0
Income Charitable Activities: 40886
Income Investments: 79987
Income Other: 0
Income Total Income And Endowments: 5740550
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £71,060
Expenditure Charitable Expenditure: £2,264,011
Expenditure Other: 0
Expenditure Total: 2335071
Expenditure Investment Management: 0
Expenditure Grants Institution: 1291193
Expenditure Governance: 39303
Expenditure Support Costs: 495838
Expenditure Depreciation: 2549
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £762,269
Assets Total Fixed: 12957
Assets Own Use: 12957
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £8,523,023
Assets Total Liabilities: £2,212,870
Assets Current Investment: 0
Assets Total Assets And Liabilities: £6,323,110
Creditors One Year Total Current: 1697113
Creditors Falling Due After One Year: 515757
Assets Cash: £1,995,076
Funds Endowment: 0
Funds Unrestricted: 1581249
Funds Restricted: 4741861
Funds Total: 6323110
Count Employees: 12
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 28 November 2023
Income Donations And Legacies: 579956
Income Other Trading Activities: 0
Income Charitable Activities: 113132
Income Investments: 22106
Income Other: 0
Income Total Income And Endowments: 715194
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £117,311
Expenditure Charitable Expenditure: £1,408,940
Expenditure Other: 0
Expenditure Total: 1526251
Expenditure Investment Management: 0
Expenditure Grants Institution: 741168
Expenditure Governance: 66011
Expenditure Support Costs: 336700
Expenditure Depreciation: 0
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £309,110
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £4,858,350
Assets Total Liabilities: £1,939,717
Assets Current Investment: 1667617
Assets Total Assets And Liabilities: £2,918,633
Creditors One Year Total Current: 1657744
Creditors Falling Due After One Year: 281973
Assets Cash: £1,480,107
Funds Endowment: 0
Funds Unrestricted: 1471531
Funds Restricted: 1447102
Funds Total: 2918633
Count Employees: 9
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 31 January 2023
Income Donations And Legacies: 5083884
Income Other Trading Activities: 0
Income Charitable Activities: 33570
Income Investments: 749
Income Other: 0
Income Total Income And Endowments: 5118203
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £149,514
Expenditure Charitable Expenditure: £1,239,311
Expenditure Other: 0
Expenditure Total: 1388825
Expenditure Investment Management: 0
Expenditure Grants Institution: 615978
Expenditure Governance: 32645
Expenditure Support Costs: 355410
Expenditure Depreciation: 0
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £968,969
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £5,222,754
Assets Total Liabilities: £1,493,379
Assets Current Investment: 1451039
Assets Total Assets And Liabilities: £3,729,375
Creditors One Year Total Current: 1377379
Creditors Falling Due After One Year: 116000
Assets Cash: £1,078,793
Funds Endowment: 0
Funds Unrestricted: 1469441
Funds Restricted: 2259934
Funds Total: 3729375
Count Employees: 9
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Country
Geographic Area Description: Chad
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Nigeria
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Equatorial Guinea
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Niger
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Uganda
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Congo (Democratic Republic)
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Eritrea
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Namibia
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: The Gambia
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Somalia
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Comoros
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Benin
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Zambia
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: São Tomé And Principe
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Sudan
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Djibouti
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Ghana
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: South Africa
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Ethiopia
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Gabon
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Africa
Welsh Ind: No

Showing 20 of 48 supplied records in this dataset.

07 Official extract

Charity Classification

Classification Code: 302
Classification Type: How
Classification Description: Makes Grants To Organisations

Classification Code: 308
Classification Type: How
Classification Description: Sponsors Or Undertakes Research

Classification Code: 207
Classification Type: Who
Classification Description: The General Public/mankind

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 307
Classification Type: How
Classification Description: Provides Advocacy/advice/information

Classification Code: 103
Classification Type: What
Classification Description: The Advancement Of Health Or Saving Of Lives

Classification Code: 301
Classification Type: How
Classification Description: Makes Grants To Individuals

08 Official extract

Charity Event History

Charity Name: AFRICA RESEARCH EXCELLENCE FUND
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2021-03-19T00:00:00

Charity Name: AFRICA RESEARCH EXCELLENCE FUND
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2022-01-19T00:00:00
Reason: Amalgamated
Assoc Organisation Number: 5061146
Assoc Registered Charity Number: 1138223
Assoc Charity Name: AFRICA RESEARCH EXCELLENCE FUND

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES INCORPORATED 23 FEB 2021
Charitable Objects: THE OBJECTS OF THE CHARITY ARE TO PROMOTE MEDICAL RESEARCH IN AFRICA FOR THE PUBLIC BENEFIT, IN PARTICULAR BY:(A) PROVIDING EDUCATION AND TRAINING OPPORTUNITIES FOR INDIVIDUALS WHO:(I) ARE CITIZENS OF A COUNTRY IN AFRICA; AND (II) ARE ASPIRING TO, OR HAVE ALREADY EMBARKED UPON, A CAREER IN MEDICAL RESEARCH IN AFRICA; AND (III) MEET ANY ELIGIBILITY CRITERIA THE TRUSTEES MAY AGREE FROM TIME TO TIME;(B) PROMOTING EXCELLENCE IN MEDICAL RESEARCH TRAINING IN AFRICA; AND(C) PROMOTING THE USE OF HIGH QUALITY MEDICAL RESEARCH EVIDENCE IN THE DEVELOPMENT OF PUBLIC HEALTH POLICIES AND PRACTICES IN AFRICA.

10 Official extract

Charity Other Names

Charity Name Id: 639854
Charity Name Type: Working name
Charity Name: AREF

11 Official extract

Charity Policy

Policy Name: Complaints handling

Policy Name: Internal risk management policy and procedures

Policy Name: Serious incident reporting policy and procedures

Policy Name: Trustee expenses policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Safeguarding policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Paying staff

Policy Name: Bullying and harassment policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Risk management

Policy Name: Volunteer management

Policy Name: Social media policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Financial reserves policy and procedures

Policy Name: Conflicting interests