RESOURCEAFRICA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 REGISTERED CHARrrY No 1003530
RESOURCEAFRICA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Truslees K A Madders M8E E Rihoy G F Boynton M Gomera DFRtse C W Bruce Hon. Treastwer K A Madders. MBE Chaiity Number I)3530 Princtpal Address 37 Brunswi¢* Terrace Hove Easl Sussex BN3 1HA Indepondent Examiner G M D Day FCA DChA Chater Allan LLP 7 Quy Court Conters Lane Stow-oJm-Quy C3mbridg¢ C825 9AU Banke BOlaY5 Bank plc 82184 High Streat SUeY 19 8BH SolKitors 8 GreatJames Slreet London WC1N 3DF
RESOURCEAFRICA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Contents Trustees, Report 14 IndeFendenl Examlnerfs ReFort Slatefflent of FantlI Actiwtiès BalanGe &eet Statement of Cash 0w$ Notes to the finarrial statements 11
RESOURCEAFRICA TRUSTEES. REPORT FOR THE YEAR ENDED 34 MAY 2022 Referen¢e & admÉnistratw dotslls ResotsrcèAlrica was eslablished in May 1991 as the Affka Resources Trtsst. The chartty Is r8gi8tered th¢ Charity Commi3sion (Registered Charlty Number 10035301. The address ol the chaTIty Ss 92A Old Fort Road. Shoreham. Sussex BN43 5HB Dudng this fa'nanual year Ihe Trustees compiised Mr K. Madders (Treasurer), Dr E. Rlhoy (resigned 5 October 20211, Mr M Gomefa (resigned 4 February 2023), Nlr G J Boylon. Mr C W 8w¢e {resigned 21 August 2024) and Dr O F Roe. Th8 ¢hariWs Independtrnt Exam&)er is Graham D8y of Chater Allan LLP, 7 Quy Court. ColrS La. Stow- cum-Qw, Cambridgè, CB25 9AU. StruCr governance a management The charity was e5tabhshed as Afric• RestyJrc85 Trust in 1991 and is govemed by a t ofTnJsL Resourr Africa UK [RUKI w)rks in partrRT5hip with M Southèrn African charrty- Resour¢o Afri¢a SoLth Africa IRA-SAI - to undertak8 this Miss, induding through promoung gk)bal, regimal artil tiionai eommitmenl and action to sustainable and equitable conservation poliGie5. The charty is govemed by a board of tnjstees who are recruite<l ty he8d-huTrting and appointed byTruslee Resolutton. A Joint Sub Commltte& of KI-UK and RSA was establlshed to èn5ufft cooidination beiween the charsues with Fèspecl to the executton of its ma7 grant tsorll Jamma Inlematlonal. The JSC commlttee comprises the Chwrperson of the t4%rt boards, the RkVK ED & the RA4A CEO as well as the Op8ratlonal anager and senr staff mémb8Y8 of irLFliiulbns. An RA a(knlnistration staff member provides secrelatiale supporL ariarwJemgNt w4s ¥ppwved by RA board a meeting hehl on 19 Mar 2021. Obiecthiès and tivItI•S Resource Afrra Is a UK-based charity that was established In 1991 orfglnally under the nome of Afrke Resources Trust (ART). Its name was changed In 2002 lo Resource Affica (RA.UKI. Thè purpose ol the charityls to 5UPPOrt local ¢ommunthes in Southom Africa to socurè and èwc48e their Fbjhts to own, GonlEoI and Oenefit from nakjral rèswrces. especAalty land. wildllle, forests, and waler, Ihus SLtPPOflirtg th8 orfglnal objectwes of ART- as set out In its goveming (l<]cument - to fdtev8 povty, relieve 8Kkness, advaDGp edu¢atit)n of the peoples of Africa and to cortsÈNe notural $Ou. The spe¢3fie, eurrent amn of RA-UK Is to encourage comrTrunlts, govemmeTrts, donors and int¢maKonal slltuts.ons to cnbIne efforts lo advanc4 three goaL8' FiFs1Sy. to incfe8 local ownershlp and admLStratIOn ol land end natUTal re50urc8s. wlh s&¢ur8 rights to use and Ir8de woducts and servkes., SecoThlty, tD re(luce poverty and enhance re5iltence lo dlmale change. al Thwdy. to enhar sustsinabJ6 and PrlucIl¥e fomisof Lgnd use Brtd ¢SleMS m¥nagement. Summary of maln actlvlti•s FiWK works to support ruid Gommuitsties in Sw1hn Africa efforts to exeTclse the¥ ruhts to atte8s and use In a sustsinablo rnater the natur81 resourtes present in thew commun1t5 that are reqred to enjoy adequato livlng condltions. plaang recogrdtion of rights as an obligation 81 the heart of our work we recogntre Ihe interdependet botween hufflan rights and the inttr3ifty of the natural envtronm8nt. We beli Ihat effedivè ènvtyor¢m?nt piotectton both pfomoles and depends on the exer¢l$e of human rights as an ijbltgation and must 1n9 b) the forefr(nt reLated fssues such as land and reSOUFce terture, govemartce. enhanced UveElTh)d5, g#nder ewaltty. equty, aThJ emprn¥emient.
RESOURCEAFRICA TRUSTEES. REPORT FOR THE Y&4R ENDED 31 MAY 2022 Our focus is spe¢ifJcally on communitfts as it is these people in whose hands the fLrture of wildlrfe and other natural resources primarily lie #nd whLise livellhoods are IhTealened when their rights to manage their sources aro not Te¢ognized. Nalure and biodiversty currently account for up to 70% of ihe income of the pooresl in African societles and most Icx)ni¢ spoaes occur outskle of protected areas on knd owned or managed by local communilies. Tt4S m8k8s rural comrnunitss de facto guardTrans ol wqldliye and the fast- degradlng ecosyslems on whith we 311 rely. Our main activities a to.. EnSUTe rural communities In south&m AfriGa are abre to eXenA thelr rtghls to access and usa tn sustainable maRner Ihè natur81 resources present in their eommunibes Ihat sre re(wired to enjoy enhanced livlng conditions. Build the eApac>ty ol rural communlties to amplfy they V0ES on Ihebr rf¥hts to Sustainable usg In key de510n maktng processes towards influonung poky making processes at mtemallonal, Teglonol and n8tK)nal level$. Ensure rural communilies seryJre thèir righlful place at nogotiating ford by fadlitslulg thr engagement. Build partnership. collabor81iM and engagement vAlh rnpresentallve of communths and individual community representstlves engage(J In nalurdl reswrce rnanagèm•nt. Enhance the implementation capacity ofour parthers. Aet a$ a calyst for ¢rwing synergy b&ts¥een new and exL8ting programm8È. and partnw. Trustee$ statemént We the Injstees of Resour Africa UK confirn we have read aTHI ackrvAedge the gUIdar bsues by the Charity Committee on public benefit and cthifim) thai all the funds spent by Resourc£ Afrtca have been done In a4xordance with th15 gutdance. Achl&vements afEd Performance In this reporling period. RAUK has [ked whh RA4oulh Africa and frKused on: Tefining narratsve and (xjmmunicatscns tools thrgh whieh to smplfy messag#s and prI>t5 ofii8 parbw and networks to enable effective advocacy, engagW with siructured poh.cy processes. bolh reglonalty and Intemthnaly continukng to strengthen ternal govemance systems. Specifio atheMents include.. 11 RA and the Communty Leadors Network ofsouthem Alri (CLN) fonnaltsed thelr enwemenl by signttig a enrandm of Undetstanding IMoiJJ duting a January 2022 m8ettiY4 In Johannesburg. The Johannesburg meel¥B Also seNed to agree a colLaborallon pLin wth ACBA IAfrkan Clvu SorAety Bh)diverssty Aliancel - a nthork oforg&ni5atiortS that advoc4te for Afritsn eommunrti8s' rlghts to SUStalnabty manage. ¢onserve and beTr&fft from Ihe use oftheirnaturdl r&srte$ In IntematDrfat and continentrl policy fora. 21 RA provi4J8d 511PPOrt lo the Kasungu wlldtsfe Con5eNation lor Comrnunlty Devel¢Jpm&X AssoeLation IKAWICCODA}~ a Nlatawan meml)er ofthe Communsty Leaders Netsyork (CLNI - to coryluct a Sile-L8v¢I Assessmentof Govemance Ènd Equity- SAGE programme. SAGE i5 8 mtrthoddogy for assesséng the govemance and equity ofrneasures to conserve bk)divwsty and ec0sLeM 8eTvices, inclu(fin9 Woteded or conserved aréas IPCASI and any a3s0ckted mvasur88 to SUPPDrt cortservalion such 85 bengfit sh&ring schemes. The resthts be used to stspngthan the govemanGe ofthè stts. 3} RA Dryanised o ¥week tour ofEurope fw three CLN rwythers to rneet wlh key dec15JnwrnakerS aTrJ 1maSt$ in Gemiany. UK France Wium. ThL% ts¥J and rekited engagefftents gwe CLN a uniqu OPPOTbJnity to communicate wdety theiT pefSPEctives on the issues of sustainatA8 use. proposed bans •)n ¥nportatton oftropfues from contrdled W11rfe hunttiig, the rk betsvèen community rglrts and conseThati deweknpment in Sotrthem Afrk¥ the o)ncept of CBNRM As successes in 8outhemAftica. RA trtrted to the prepafatlon of Ihé Afrlean Protected Areas Congre¥8 to be hetd In Rwanda, Jity 2. PA has a pacUlar intwt in the biodNeTsiiy slream and people stra as well a3 rn supporthg thè prea¢Ong$S communty engagemènt events.
RESOURCEAFRICA
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MAY 2022
51 RA has improved its cc>mrEiunirations ofteFillg. Fotjr artiGb5 were publi%hed In regional {Daily Maverick)
and international med¢a outlets. RA and CLN were also quoted in #n artlde In Ihè UK papers The Guardian
and The Time$. RA was also awarded the 2021 CIC Communication Award for ils fjtrn'LetAfricans Docide..
RA also supported CLN to develop its own website th its own brandSng and content and htssiecf a webinar
on the link5 bepween climate ch4Ewe and communitpbased natural resoutces management lin collaboratnn
Wtth Sosrthern Africa Ttustl.
61 RA devslopetl funding proposals for the French devebpment a98r*cy-AFD and the UK D8Nhn InSty3
and h2 iorf(ial dt5Gvssions with other potential donots.
71 RA Contlnued work an database developrnenl and monitorlng In Southem Afrt¢an 4¥Junirses that aims at
operationalising a Regional MOtOring and Evalua0 {M&EI Frarnework to support tIonal associali?ns to
calwe and report on agreed set of indtcators. essenlol for deck8ion m8kir>g
These ath¥ilies and their results played an importanl and in8tnJm8ntal rola in hlghlighting and
mainstreamin9 hence to a rightS-ba5ed approach to conservation has bacDme incfeasing
evident at tll levèls and in all pokcy forums- n8b"onal, gIonal. and inlefflational- ¢)ver the progamm8
period.
Flnancl&l review
The total expenditure ol the charity durir¥J the year was £205.420 against an wKome of £83.738. At tho end
of Ibe financial year ending 31 May 2022. the net unrestrlcted asse& ol the charity were £8.801 - these ale
the tnjslees free e&S.The thf5tees have no ptans to add to the free res8e$ currentty. An Independent
third party audit was not required and, a
RESOURCEAFRICA TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 Plans tor the futurn RA-UK ts increasingty wL)rking wth and throvgh its sister orgarusakn RA- South Africa (RSA}. Thrs devolution of actgm from a UK basèd organ¥sation to an Afriean organisation is strongty supported by the RA-UK stsff and trustees to the extsnt that RA-SA took over the employrnent contracts of PA.UK stsff and the contracts of donors, leavin9 the role ol RA-UK largely redundanl. FWUK wlll contIn to work wth RA- SA tts complete this Iransition and lo ensure RA-SA is able to confjnue the work of RA-UK in supportln9 commuftity based n8lural r&souri% managemeot and rfghts based conservation Jertsss Southem Afrka. In ihe meantime - and for as long as thè Iransilion period takes- RA.UK will continue tt> promote the concept and application of sustainable use of notural 5oUTCe$- part%JJlaty wtldfjfè- #s a conswvation and (Fevelopment stiegy both wathin SouttM Afrlcan and in relevant interrtational poIY bod5ps, We will ntinue to focus on Community Based Naiurnt R950urce M8nagement IC8NRM} arxl its abilty to meetthe trFple Obj'ecti of consetvation, poverty allewation and gc¥)d governancè. The trustees will coniinue ts Strategy to ensure that Ihe perspectives 0fmarginallz wr81 communlties wwe heard Jd wffluenced pclcy prosseS al national. Europears and intem8ttonal levels,. ¥nd expostng Ihe 8o¢md Kiert bolst8ring sustsifiable use as a conseNatton strategy. K A Madders, MBE Trustee Dated..
RESOURCEAFRICA INDEPENOENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2022 I report on thè accounts forthe year ended 31 M?y 2022. vthich are set oul on pages 6 to 11. R8spon51bilitlos arsd basis olreport Ag the ¢harily's trustees you are rgsponsible for the pwparatson ol the accounts in aGcordance wth thè reqwrements of the Charitse8 Act 2011 fthe Ad'l. I report ill Tespect of my examination of the charity's acwunts carried out under section 145 of the Act and in (ing out rny examination I have fdlowed all Ihe 8ppli¢able Directi8 given by thè Charity Cornmission under $ectv)n 145{5llb) of Ihe ACL Independont èxamin•rfs stslement I havè ctsrnpleted my examinatic. I Crn no material rnatteTS hava com8 to my attention connecion with the examination giving me cause to believe that in material r¢$pe¢L l. acG¢Juni¢ng records ww? not kept in spect of the charity As uIred by Se¢ 130 ofts Act. or 2. the accounts do not accord with those recotyls. or 3. the accoufits do not cornply with the 8pplicab£e reqvi5Ements concemin9 the form anfl c¥nteTrt ol accouftts sel out in the Charibe5 (Acwurts and Report8) Regulattons 2008 otherth8n any reqLMr8ment Ihat the accounts give a'true and fairview. wht¢h Is nvl a matter cotbsidered p of an indeperxleAt examination, I have no concems afid have come acros5 no other malters In c¢nn¢tskngn with the exarnination to whieh attenton shtsuld b6 drawn in this report in tswder to Ènable a prcp8r urtdotsiandiro of tt accounts to be reached. G M D Day FCA DChA Chater Alan LLP Chartered A¢eoLmlants 7 Quy C¢JJrt CoBiers L8n8 SI0w-oJmQtJy Cambridge C825 9AU £knJ 4L4'
RESOURCEAFRICA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022 Vnrestricted Restrlcted Fund Funds Total 2022 Totsl 2021 Notè Income From: Donations and legaci25 Exchange gains Other income 1,IOD 272 11.300 54.254 16,812 55,354 17,084 11,300 17,702 Total incom* 12,672 71,066 83,738 17.702 Expenditure on: Charitsblo ectivity Promoting the sustainable ll of natural resources 2,410 203.010 205,420 416.853 Total Expenditure 2,410 203 010 205,420 Net {Expenditure} I Income 10.262 {131.gH) 1121.682) {399,151) Transfer btheen Funds Net MovÈmènts in Funds 131.944 121.682 399.151 Fund BalarTces al 1 June 2021 (1,4611 131,944 130.483 529,&14 Fund Balances at 31 May 2022 8,801 130.
RESOURCEAFRICA BALANCE SHEEr AS AT 31 MAY 2022 2022 2021 Note CURRENT ASSFrs DebtOTS and prepaymenis C05h at bank and in hand 21.322 15.899 37,221 150.896 15,577 166.473 CURRENT LIABILITIES Creditors due with7 one year 28.420 23,490 NET CURRENT ASss 8,801 142,983 Cr8ditors due after more than one year 12,500 TOTAL ASSETS LESS CURRENT UABILITIES 8.801 130,483 FUNDS OF THE CHARir Restricted fvnds 131,944 Unrestrted furKI: Gener21 fund 8,801 {1.461) TOTAL FUNDS 8,801 130,48 K A M¥dd¢r¥, MBE ttreasurer) Twslee
RESOURCEAFRICA STATEMENT OF CASH FLOWS AS AT 31 MAY 2022 Note 2022 2021 Cash used in operating activlts'es 322 1332) Change in cash and ¢a5h equivalents In Ihe reporting period {332) C3sh and cash equlval#nts at the beginning of the reporttng perÈod 15,57T 15,9 Cash and cash equivalpnts at the end of the reportlng perfod 15,899 15,577 Notes to Cash flow stst•ment l. Rgconciliation of net income for th* yeai to net cash flow from op•rating aetivftles 2022 2021 Net rnovement In funds Adjuslmenls for.. 1121,6821 (389.1511 Decreasel(Increasel in debtors (Decteaseylncrease in creditors 129.574 ri,570) 396,783 Nel cash inflow loutfiow} frrmn operating athities 322 2. Analysi$ of cash and cash equlvalonts At31 May June 2021 flow Cash at bank and in hand 15,577 15, 15.577 15.899
RESOURCEAFRICA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MAY 2022 ACCOUNTING POLICIES 1.1 Bas1$ ot pr•parallo The chaTity constilules a publ benefit enily as defined by FRS 102. The ftnandal statements Iwe been prepared in accordance with Accounting and Repotilng by Ch8¥£tieg'. Statement of Rècommended Practlcg applic&ble to cha14be5 preparing thesT aeLounts in accoidanrts wjlh the FInancl Reportlng Standard applicable in the UK and Republ of IrolarKI issued In October 2019. the Financial Rekx)rtlng Stsndafd appll¢abte in Ihè United KgdoM and Republic of Ireland IFRS 1021, Ihe Charili#$ AL 2011, Ihe Compani8s Act 2006 and UK Generslly A¢£epted A¢couThDng PractK. Going concem basls The trustees consider that the going concern basls is apwopriate as they consljer thè reserves levds to be sutfKient to ensure that the trustees can meet iheir finandal Dblisations for the nexi 12 to 18 arAI on 1.2 InGomè Donations and grants are recognised when thère is ewbjerbce of enlttlwnert receipt is probable and the amrwnt can be me&8ured reliabty. 1.3 Expendlture G0veFRan costs do not indude the rA)51s IncUe in management oflhe ehariws project$. Th proleLa management functions are (nied out by leams of manag¢rs and thelr staff and Ihese rnana9em rAJsts are drge to each specific project m8Traged ty the charfty. GovoTnanc8 costs Include Indep@ndènt oxaminafjon f8es and expenses relating to Tntstees, meetlngs. 1.4 Volutttary labour and18nd inpvts Considerable volEEniary labour and t)ther Inputs s to all F)roj8cts by project beneficiwie% It 15 not pracljcal to value these Inputs and therefore the TrttÉVs accounbng pollcy is to ex¢tude these Inputs from tts accwnts. 1.5 Contrlbullons In klnd Specific quantifiabte cash eXpandTe9 are madè by ihB Tntslees and others as dirè£1 contributic¢ts in kind to th6 chatws projects. These aUMStanCeS arise wh8re activities are undertaken aEKI exp2nsès ftdj which ptOVKJe forthe development of Gonceptual arfangements wlth varhJu8 wral ccromunlties l(5r the purp)5e of Idenllfying much needed $trIC sUPPOrt SerwI forthese communllie5. ar wherè ihèse Contrib dire¢tytt) the charty achieving its obiects. 1.6 Taxadon The charty is a le91&red tharity in the Untsd IOng(&Jm and rn taxatron ts p8yaWoD knu)m8. 1.7 For¢lgn currencytranslatlon FOrn 8xchange gainslbsses refiect the net change in Ihè sterling valu& of M)n4terlng denominated ¢urron¢ie5. expeft(Ilture or other assets and liabiliues held In othei currendes at the end of the flnancial year. The tharSVs 8ecount9 are maintained in stérling,. assets èrvj Ilablltts aThJ items of income and ¢xp&ndliEwè in foreign currencAes have been trdnslat8d into poumls sterfing atthe average exchange rate f¢thè finandal year,
RESQURCWRICA NOTES TO THE FINANGIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 INCOME FROM IK)NATIONS AND LEGACIES Unrèstrlci•d Restrlct•d fund$ fvnds Total 2022 T•lal 2021 Donaion5 in kind Grants 1,100 1.7Cxl 54.254 55.35é 54.254 54,254 1,100 17.702 CHARITABLE EXPENDITURE Protlwung tt7e sustainable use of rtural resour 2022 2021 Proiectcosts Exchar#Je losses Twstee trav and mting cJ)sts Sundry expènses Accountanc Independent examknation 203,010 369.654 45.657 1.1LX) 518 175 170 1.140 2g5.420 205,420 416,853 416.853 One empknyee r1Ved remuner** ol £fjO.1)00- £70,000 wénnLFm. TRUSTEES One Tnjsteè, Dr E Rlhoy, recewed con5ullanGyfeo8 of£13,457 kn her rApaclty a9 the RAUK EXe¢U DITeclor but not in her ¢apa¢lty as a tnjstee. During the year tW5teeg recelved expenses totslllrwJ £nll. DurfrrfJ the yeai donattons In kFnd from twstees lotaled £1.100 Al 31 May 2022 the charity a tot8101£3,828 to tsvo truste9& DEBTORS Totsl 2022 2021 21.322 150.896 1,322 IndudEd In other debtors and prepaymwts Ni the wior yearwas a grnnt debtor of£149.846 due Resou Afiica South Afrtca. 6 CREOITORS: AMOUNTS FALUNG OUE wmiiN ONE YEAR Totsi 2022 2021 Crethtors Other creditors Accnials and deferred Sncome 21.322 17.702 3,828 3. 3270 28,420 23.490 10
RESOURCEAFRJCA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 ANALYSIS OF NET ASSETS BETWEEN FUNI)S Net ass•ts Tt)tsl 2022 Totsl 21121 Restricted fvnd 131,944 Gewal fund 8.801 8,801 11,461) 8.801 8,801 130.483 8 RESTrICTED FUND Advocatès the Sustsinablè Use olwldlife and ecosyst1$ by comMUne$ and iural peopte as a bask human recLunrzed in both national and sniematvjnal law. SUstainae usp is use of speclès and ecosy3lems at a level that m3intsin5 their FQtenltal to meet current and future hurnan needs and aspirations. and prèvents the long- term decline. It Indudes both ctnsumplNe forms of use IhaNesting. fishtiig. huntlng, fortrsty, agrfculbjrel and non-consump1 IphOts)grapm tourism). It further requirag redtsdng anyadverse or unintended Itnpacts or¢ the broader ecosystem lo aeceptable levels, consi8t knng tejm spedes and ecosystem consèNakn"on. Use takes pkce as part of ojmplex SDCtal. ecologkal and polthcal econorny sfftems, and ts sustsinaiility is affected by ¢ultur21, eccrwnic. social, and polltlcal £tynamics. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvmES Unr•5tr1ct•d Restrlctad Fund Funds Total 2021 IncomÈ From: Dotiatlons and legacEs othei inDJme 17.71Y2 17,702 Total Income 17.702 17.702 Expendltur• on: chatae activty Promoling th8 sustssnable use of n*ural reS 1.542 415.311 416.853 Total ExpendIre 1,542 415,311 416.853 Net Mov8mw)Is In Fvnds 1,542 7.609 399.151 11