2023-03-31-accounts - Questscope

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				Page
Directors	and Other Information
Report of	the Trustees
Statement	ofTrustees'	Responsibilities
Independent Auditors'		Report
Appendix	to Independent Auditors'		Report
Statement	of Financial	Activities
Statement	of retained	funds		10
Balance Sheet
Statement	ofcash flows			12
Notes to the Financial		Statements		13

QUESTSCOPE	QUESTSCOPE	QUESTSCOPE
(A company		limited	by guarantee)
Directors	and Other		Information
Directors				Dr. C.N. Rhodes	—Trustee, Founder and Chief Vision Officer
				Dr. M. Al Yafi
				J.A. Gappa
				H. Cordell
				S.T. Leatherman	(Resigned 30th April 2022)
Registered		Office		46 Dene Garth
				Oving ham
				Prudhoe
				Northumberland
				England
				NE42 6AP
Business	Address			PO Box910729
				Jabal Al-Weibdi
				Amman 11191
				Jordan
Company	Number			2308065
Charity Number				1000649
Auditors				Crean 8 Co Accounts		Limited
				I anesboro Street
				Roscommon Town
				Co. Roscommon
				Ireland
				F42 DA32
Bankers				National Westminster		Bank Pic
				135Bishopsgate
				London EC2M 3UR
Solicitors				Wellers
				7-8 Grays Inn Square
				London WC1R 5JQ

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						Restricted	Unrestricted	Total Funds	Total Funds
Income and expenditure					Notes	Funds	Funds	2023	2022
Incoming resources								f	f
Grants & Donations							408,730	408,730	497,934
Indirect cost support							165,452	165,452	25,233
Grants received						1,920,042		1,920,042	533,520
In-kind Income									99,111
Total Incoming resources						1,920,042	574,182	2,494,224	1,155,798
Resources expended
Charitable expenditure
Non Formal / Informal	Education					1,255,909		1,255,909	1,958,847
In-kind expenditure									99,111
Support services							737,552	737,552	822,625
including governance			costs
Total resources expended						1,255,909	737,552	1,993,461	2,880,583
Net (outgoing)/incoming		resources
transferred (from)/to	funds for			the year		664,133	(163,370)	500,763	(1,724,785)
Balance offunds at 1 April			2022
As originally stated						776,368	(328,221)	448,147	2,025,240
Prior Year Adjustment									43,716
						776,368	(328,221)	448,147	2,068,956
Currency adjustment	to	opening		fund balances		49,034	(20,730)	28,304	103,976
Balance offunds at 31	March 2023					E1,489,535	(6512,321)	F977,214	F448,147

						Restricted	Unrestricted	Total Funds	Total Funds
						2023	2023	2023	2022
						f		f
Result for	the year					664,133	(163,370)	500,763	(1,724,785)
Retained	earnings	at	the beginning		ofthe year as origially stated	776,368	(328,221)	448,147	2,025,240
Prior year	adjustment								43,716
Currency	adjustment		to opening	fund balances		49,034	(20,730)	28,304	103,976
Retained	earnings	at the end		of	the year	F1,440,501	(F512,321)	F977,214	f448,147

			2023	2022
		Notes
Current assets
Debtors			1,697,802	702,768
Bank balances			713,623	1,220,288
			2,411,425	1,923,056
Less: creditors due within one year		10	1,434,211	1,474,909
Net current	assets		977,214	448,147
Net assets			6977,214	E448,147
Represented	by;
General funds			(512,321)	(328,221)
Restricted	funds	12	1,489,535	776,368
			8977,214	8448,147

							2023	2022
Net cash inflow/(outflow) from operating				activities (note 1 below)			(534,969)	14,181
Effect of re-statement	of opening		net current		assets due to currency fluctuations		28,304	103,976
Net Cash Inflow/(oufflow)							(F506,665)	F118,157
Increase/(Decrease) in	cash	for the	year				(F506,665)	F118,157
Notes to the Cash Flow	Statement		for the	year ended 31 March 2023
Note 1
Net cash inflow/(Outflow)		from	operating		activities		f
Operating surplus/(deficit)							500,763	(1,724,785)
(Increase)/Decrease	in debtors						(995,034)	1,528,818
(Decrease)/Increase	in creditors						(40,698)	210,148
							(2534,969)	214,181
Note 2						Opening	Cash	Closing
Analysis ofchange	in net	funds				Balance	Flows	Balance f
Cash at bank and in	hand					1,220,288	(506,665)	713,623
						1,220,288	(506,665)	713,623

Company information
Questscope is a company limited by guarantee incorporated in England and Wales. The registered	office is
46 Dene Garth, Ovingham, Prudhoe, Northumberland, England, NE42 6AP
Basis ofaccounting and accounting policies
These financial statements have been prepared in accordance with FRS 102, "The Financial Reporting			Standard				applicable
in the UK and the Republic of Ireland" ("FRS102")and the requirements of the Companies Act 2006		as applicable						to
companies subject to the small companies regime. The disclosure requirements of FRS102 have	been		applied			other
than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in pounds sterling. The functional currency ofthe company	is American					Dollars.
Monetary amounts in these financial statements are rounded to the nearest f.
The financial statements have been prepared under the historical cost convention. The principal accounting					policies			adopted
are set out below.
Income recognition
For the signing ofgrant agreements, Questscope now recognize a full year's income.
Voluntary income is received by way ofdonations and gifts and is included in full in the Statement	of	Financial
Activities when received. Investment income is included when received.
Depreciation
Fixed assets are generally charged to projects. All fixed assets not so charged have been written	down
to nil.
Foreign currencies
The company reports in Pounds Sterling. The functional currency ofthe Company is US Dollars.
Foreign exchange transactions are translated into dollars at the exchange rate ruling at the date oftransactions.
Assets and liabilities in foreign currencies are translated into sterling at the rate ofexchange prevailing			at	the	balance
sheet date. Any exchange differences are dealt with in the Statement of Financial Activities.
Resources expended
Resources expended are allocated to the particular activity where the costs relate directly to that activity.				Where
costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent				with	the
use ofresources. Staff costs are split on an estimated basis, exainining the work ofeach staff member			separately.
Tax status
The Charitable Company is a registered charity within the definition ofsection 506(1)Income and	Corporation					Tax
Act 1988,and is therefore able to take advantage of the reliefs given by Section 505 ofthat act.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call		with
banks, other short-term liquid investments with original maturities ofthree months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section
12'Other Financial Instruments Issues' of FRS 102to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party				to
the contractual provisions ofthe instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements,		when
there is a legally enforceable right to set offthe recognised amounts and there is an intention to settle		on		a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured	at
transaction price including transaction costs and are subsequently carried at amortised cost using	the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction
is measured at the present value ofthe future receipts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.

5	Total Restric	ted Reso	urces expen	de	d
												Totals	Total
				AAI/Ministry		of	Education		USAID	UNFPA	Other	2023	2022
							f			f		F	f
	Salaries and	staff					87,920		115,611	60,432	231,121	495,084	980,563
	Direct Project expenses						67,165		206,888	93,240	393,532	760,825	978,284
	In-Kind												99,111
							f155,085	F322,499		F153,672	F624,653	F1,255,909	F2,057,958
6	Support Services										2023f		2022f
	Support Services comprised
	Salaries and	staff costs									499,655		643,385
	Support												(5,484)
	Professional	fees									81,038		94,609
	Vehicle costs										8,334		17,189
	Rent 8 premises costs										31,981		22,580
	Travel										34,007
	Telecommunications										8,096		17,060
	Maintenance												1,052
	Public relations										494		9,325
	Stationery										2,869		1,777
	Bank charges										1,453		1,563
	Currency (Gain)/Loss										1,733
	Miscellaneous										(671)		955
	Insurance										54,791		18,614
	Training &conferences										13,772
											f737,552		f822,625
7	Net Incoming resources for the year Stated after (crediting) / charging;										f		f
	Auditor's remuneration		-Governance		costs						5,000		5,000
	Exchange (gain) / loss		on restatement		of opening	fund balances.					(28,304)		(103,976)
											2023		2022
8	Staff costs												f
	Salaries and	related costs									853,481		1,482,690
	Social security costs										141,258		141,258
											f994,739		f1,623,948
	The average	number ofemployees		of	the Charitable		Company	during	the year was;
	Project workers										24		44
	Management	and administration									7		7
											31		51

													2023	2022
9	Debtors												f
	Pledged	receivables			(see below)								1,371,937	579,862
	Prepayments		and other			debtors							325,865	122,906
													F1,697,802	F702,768
	Pledged	receivables			represent		monies to be granted			to Questscope	in the coming financial year. The		monies are
	in the form of		restricted			funds	and are pledged	on	the understanding		that Questscope	will be spending	the funds
	on the appropriate			projects within the following				twelve months.
													2023	2022
10	Creditors; Amounts				falling due within one			year
	Trade creditors												865,365	1,092,179
	Accrued	expenses		and		other	creditors						568,846	382,730
													F1,434,211	E1,474,909
11	Unrestricted		funds
	Balance	at 1 April 2022											(328,221)	(3,359)
	Currency	adjustment											(20,730)	(171)
	Net movement		in funds										(163,370)	(324,691)
	Balance	at 31	March		2023								(6512,321)	(F328,221)
12	Restricted Funds										Currency		Resources
											adjustment	Incoming	expended
									Balance at		to opening	/(Outgoing)	(Including	Balance at
									01 April 22		balance	resources	in-kind)	31 March 23
										F	F		F
	AAI / Ministry		of Education									1,372,378	(155,085)	1,217,293
	USAID									99,779	6,302	(49)	(106,032)
	UNFPA									26,814	1,694	147,735	(153,672)	22,571
	Dubai Care									11,714	740		(12,453)
	Catalyst									117,916	7,447		(70,479)	54,884
	Al Gurair									305,401	19,287		(322,499)	2,189
	Blackhawk									43,890	2,772		(41,526)	5,136
	Beyond	Conflict								40,274	2,544	194,990	(182,185)	55,623
	Syria									(20,980)	(1,325)			(22,305)
	Syria earthquake											212,060	(27,016)	185,044
	Headquarters									126,552	7,993	6,278	(135,629)	5,194
	Germany									(33,113)	(2,091)		(891)	(36,095)
	MEWE									58,121	3,671	(13,350)	(48,442)
										F776,368	F49,034	E1,920,042	(F1,255,909)	F.1,489,535

			2023	2022
13	Analysis offunds.
	Restricted	funds	1,489,535	732,652
	Unrestricted	funds	(512,321)	(328,221)
			F977,214	F404,431