Finance Score: -1
Governance Score: -2
Support Score: 16
  • Poor Liquidity: -1
  • Deficit on unrestricted reserves: -2
  • Strong growth: +2
  • Only 3 Trustees: -2
  • Grant maker support: +16
Overall GiG Score: 13 ?

THE CENTRE FOR AFRICAN ENTREPRENEURSHIP 

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.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including the Government and there are significant future grants due to be received

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are only 3 trustees

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • There was a deficit on unrestricted reserves of £881 at the last year end after deducting the value of own use assets

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£560£370£190£0£254£-1-01325
31/08/21£248£267£-18n/an/an/an/an/a21
31/08/20£199£140£58n/an/an/an/an/a10
31/08/19£103£103£0n/an/an/an/an/a11
31/08/18£64£42£23£0£0£0n/a010
31/08/17£26£26£0£0£0£0n/a00
31/08/16£9£8£2£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 21%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: -0%
Reserves/Spending: -0 months
Net Current Assets/Spending: 1 months
Quick Ratio: 2
Asset Split ?
Established: 9 years

http://www.caentr.org/

info@caentr.org

07462704804

Charity Commission for England and WalesInstagramX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
  • Overseas Aid/Famine Relief
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • International poverty relief
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides other finance
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Congo (Democratic Republic), Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 13 employees
  • 25 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Paul Hamlyn Foundation£265,200
National Lottery Community Fund£258,600
Joseph Rowntree Foundation£219,896
Lloyds Bank Foundation£152,250
The Clothworkers Foundation£100,000
DCMS£20,000
AB Charitable Trust£15,000
Garfield Weston Foundation£10,000
Specific Donations
Amount When
Months
To be used for
The Clothworkers Foundation - Grant to The Centre for African Entrepreneurship
£100,000 26/09/2023
Construction of a Community Enterprise Hub for a charity which works with disadvantaged minority communities in Swansea
National Lottery Community Fund - Vibrant Vibes: Fun-filled Activities for All
£10,000 25/07/2023
The Centre for African Entrepreneurship in Swansea will use the £10000 grant to provide a series of family-oriented; and socially engaging activities for their service users. The project will foster ....more
Paul Hamlyn Foundation - Ending workplace exploitation of refugees in Wales
£265,200 17/07/2023
The CAE tackles problems of inequality faced by migrants, breaking down barriers for them, and supporting them to become economically active, thrive and contribute fully to society. This grant will ....more
Joseph Rowntree Foundation - Grant to The Centre for African Entrepreneurship
£149,896 08/07/2023
Empowered Voices for Climate Justice
National Lottery Community Fund - WALES COL - The People's Support Hub
£10,000 02/03/2023
The Centre for African Entrepreneurship in Swansea will use £10000 to provide emergency support and wellbeing activities for people from migrant communities who are adversely affected by the cost of ....more
Lloyds Bank Foundation - One off gift towards cost of living crisis to The Centre for African Entrepreneurship
£2,250 14/12/2022
One off gift to support with the cost of living crisis
Lloyds Bank Foundation - Grant to The Centre for African Entrepreneurship
£50,000 22/06/2022
24
Unrestricted grant over two years towards the core costs of The Centre for African Entrepreneurship
National Lottery Community Fund - Community Active Travel Awareness Project
£10,000 03/02/2022
This group will use the funding to raise awareness about climate change and action by tackling lifestyle habits paying particular focus to active travel in their communities. They will increase ....more
AB Charitable Trust - A grant to Centre for African Entrepreneurship
£15,000 20/01/2022
An unrestricted grant of £15,000. Centre for African Entrepreneurship provide holistic support to refugee, migrant and other B.A.M.E communities with a focus on employability and development of ....more
Joseph Rowntree Foundation - Grant to The Centre for African Entrepreneurship
£70,000 09/07/2021
24
Climate Action: bringing awareness to the BAME community
National Lottery Community Fund - SWIRAS Project - (Skills & Work Integration for Refugees and Asylum Seekers)
£198,600 20/05/2021
36
The Centre for African Entrepreneurship will use £198600 over three years to deliver wellbeing support and bespoke employability support to refugees asylum seekers and the black Asian and minority ....more
Garfield Weston Foundation - Main Grants award - COVID19 response
£10,000 09/04/2021
Survive COVID 19 pandemic for the BAME community
National Lottery Community Fund - Covid-19 - Community Transport Project
£10,000 22/03/2021
11
The Centre for African Entrepreneurship in Swansea will use the grant of £10000 to ensure that mental health provision and a community transport service is available to help address issues caused by ....more
DCMS - VSCE CMC Fund
£20,000 06/10/2020
NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more
National Lottery Community Fund - Covid-19 Kindness in the BAME community Swansea
£10,000 27/04/2020
11
The Centre for African Entrepreneurship in Swansea will use £10000 to deliver food and essential items to vulnerable individuals who are most at risk during the COVID-19 pandemic. They will also run ....more
National Lottery Community Fund - INFORM YOUNG REFUGEES
£10,000 31/01/2020
11
The Centre for African Entrepreneurship in Swansea will use the grant to expand their current provision, to help support refugees and asylum seekers in the area.£10,000 will fund a youth programme ....more
Lloyds Bank Foundation - Grant to The Centre for African Entrepreneurship
£100,000 16/07/2019
36
The Centre for African Entrepreneurship is a South-Wales based charity that aims to inspire, support and promote African entrepreneurship, including working with asylum seekers and refugees. The ....more
National Lottery Community Fund - Youth Entrepreneurship Network
£99,544 19/07/2018
24
Youth Entrepreneurship Network
Lloyds Bank Foundation - Grant to The Centre for African Entrepreneurship
£15,000 16/05/2018
12
Strategic development work through funding the additional hours of the CEO post and incorporating planning, governance, income generation, communications and evaluation. The grant will also fund ....more
National Lottery Community Fund - Access to Childminding Business Support
£9,770 29/01/2018
12
Access to Childminding Business Support
Oxfordshire Community Foundation - Profit with Purpose
£39,875 24/03/2017
Profit with Purpose• A job creation project in the Eastern Cape of South Africa, set up using CIC principles, with clear social objectives and a ‘business to consumer’ financial model.
Oxfordshire Community Foundation - UGANDA-DRC ENTREPRENEURS STUDY/WORKSHOP TOUR
£5,503 01/02/2017
UGANDA-DRC ENTREPRENEURS STUDY/WORKSHOP TOUR To leave a practical legacy of knowledge, information, contacts and potential access to future resources, to encourage and enable local entrepreneurs to ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 01/09/2015, number: 1163348
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
7 returns made; all on time
Main office

222b High Street
SWANSEA
SA11NW

Objectives

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.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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