AfrikaBurn 2023: 24 to 30 April

Image credit: Reza Assar

Annual General Meeting

Our Annual General Meeting is when all Members, Directors and interested community participants review the previous financial year and formally attend to the statutory requirements of the non-profit company.

AUDITED FINANCIAL STATEMENTS

We consider good governance and financial transparency to be critical to the long-term success and existence of the organisation. We’re happy to provide the info below to answer any questions our community may have about where money is spent, and how.

Financial Statements 2007-2012

This statement compares our income and expenditure for each year of AfrikaBurn’s operation from 2007 to 2012. Please note that these are cash figures taken from our management accounts and do not correspond to figures that appear in our annual audited financial statements, for two main reasons:

  1. Our first two financial years were abnormally long (we moved the end date for the second one) and each included two events. We have separated out each year and its associated event, to avoid confusion and allow for more meaningful comparison.
  2. We have not included balance sheet items like assets bought, loans from members, donations in kind, amounts owing for outstanding audit and legal fees, other accruals, etc.