THE WOOD FOUNDATION AFRICA

1. THE WOOD FOUNDATION AFRICA 2014-07-03 → present
2. WFT AFRICA 2009-06-11 → 2014-07-03

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE WOOD FOUNDATION AFRICA · parent
   1. Services Company Outgrowers Nyaruguru South Limited 100% · Rwanda · Tea Services Company
   2. East African Tea Investments 100% · UK · Holding Company
   3. Shagasha Tea Company Limited 60% · Rwanda · Tea Services Company
   4. Njombe Outgrowers Services Company Limited 51% · Tanzania · Tea Services Company
   5. Services Company Outgrowers Nyaruguru North Limited 100% · Rwanda · Tea Services Company
   6. Rugabano Services Company Limited 100% · Rwanda · Tea Services Company

Significant events

• “During the year TWFA commenced a new smallholder tea planting programme to supply Nshili Kivu Tea Factory, another smallholder-supplied tea factory in Rwanda, that TWFA acquired a co-majority stake in last year.”
• “It also increased its stake in a smallholder supplied vanilla factory in Uganda to 50%.”
• “Since the year end The Wood Foundation Africa sold its entire stake in Enimiro Products Uganda Limited.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -73.7%

  £670,784 → £176,480

• Net assets

  -0.3%

  £16,823,556 → £16,770,480

• Employees

  -9.5%

  21 → 19

• Wages

  -4.6%

  £2,348,907 → £2,239,695

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers