Sentebale publishes Report & Accounts 2016/17
Sentebale has published their Annual Report and Accounts for the financial year ending 31st August 2017.
Globally, the HIV/AIDS community has worked hard to realise the Sustainable Development Goal ‘to ensure healthy lives and promote wellbeing for all at all ages,’ and to show commitment to the UNAIDS 2020 Fast- Track targets. Adolescents continue to be at greater risk of HIV infection, with nearly 2,000 young people being newly infected with HIV each day. Sentebale’s youth centered approach with vulnerable and hard to reach groups has been more important than ever this year. We have continued developing and expanding our programmes to impact the lives of thousands of children and young people in Lesotho and Botswana.
Our expenditure on programme activities increased significantly this year by 28%, largely due to new HIV/AIDS prevention programmes in Lesotho as well as the continued expansion in Botswana.
Consequently, finances were stretched, particularly with the impact of exchange rates. Underlying income increased by 6%, excluding exceptional items from the prior year and we saw good progress on diversification of income with new Institutional grants, improving our long term sustainability.
This year has seen strong progress in our programme delivery, both geographically and in the breadth of our work. We are now supporting thousands of children and young people across a range of interventions, from prevention of HIV right through to adherence to treatment. Our team is stronger than ever and ready to expand our work into other southern African countries in line with our strategy.
I would like to thank the team in Lesotho, Botswana and in London for all your amazing work and commitment to our vision. With the help of all our supporters, we will continue to reach and support some of the most vulnerable children, affected by HIV and those facing the challenges of extreme poverty. Thank you very much to everyone who has supported us. We hope you enjoy reading this report; none of this work would have been possible without you.
Catherine Ferrier, CEO