2020-12-31-accounts - Global Partners (UK)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

|INCOME A
D EXPENDITURE||U|i
Funds|)
bd
Funds|)
bd
Funds||IF
d
2020|~TIF
d
2019| |---|---|---|---|---|---|---|---| ||||$|3||3|t| |INCOME FROM|||||||| |Donations|4||2,952,425||3,550|2,955,975|3,779,513| |Other|4||||||5,820| |TOTAL|||2,952,425||3,550|2,955,975|3,785,333| |EXPENDITURE ON|||||||| |Charitable
activities|8||311||3,644|3,117,758|7,193,996| |TOTAL RESOURCES EXPENDED|||3,114,114||3,644|3,117,758|7,193,996| |NET EXPENDITURE|||(161,689)||(94)|(161,783)|(3,408,663)| |TRANSFER BETWEEN FUNDS|||||||| |NET MOVEMENT
IN FUNDS|||(161,689)||(94)|(161,783)|(3,408,663)| |TOTAL FUNDS BROUGHT FORWARD|||964,620|19,085||983,705|4,392,368| |TOTAL FUNDS CARRIED FORWARD|12||602,931|18,991||821,922|983,705|

							2020
tatement ofCash Flows						9	9	9	8
Net cash used in operating		activities					134,206		(18,671)
Cash flows from investing		activities:
Proceeds from the sale ofproperty,			plant and		equipment
Purchase of properly, plant		and equipment
Net cash provided by investing activities
Change in cash and cash		equivalents		in the
reporting period							134,206		(18,671)
Cash and cash equivalents		at the	beginning		ofthe
repordng period							167,592		186,263
Cash and cash equivalents		atthe	end ofthe
reporting period							301,798		167,592
Reconciliag n ofn n	m			d' u	to net	h flow from
~oragn Lang(gg
Net expenditure for the reporting period							(161,783)		(3,408,663)
33333—"
Depreciation charges							63		84
Loss on the sale offixed assets							187		4,725
Donation offixed assets									3,314,122
Decrease in debtors (Decrease)/Increase in creditors							299,471 ~3, 32		69,723 1,338
Net cash used in operating		activities					134,206		18,671)
Ana isofcashandcashe		ulvalen
Cashin hand							301,798		167,592
Total cash and cash equivalents							331, 33		167,592

7.	CREDITORS AM	CREDITORS AM			NTS	NTS	NTS	ALLIN
											2020	2019
											6	$
	Accruals										31,849	36,156
	Tax and	social security									3,814	3,239
											35,663	39,395
8.	TOTAL	RESOURCES				EXPE		DED
									Charitable	Total	Charitable	Total
									Activities	Funds	Activities	Funds
									2020	2020	2019	2019
									$	$	6	$
	Costs directly allocated						to activities
	General	and hunger		relief					1,058,595	1,058,595	1,519,777	1,519,777
	Strategy	development							68,374	68,374	22,934	22,934
	Travelling expenses								301,365	301,365	592,577	592,577
	Language study								27,492	27,492	31,086	31,086
	Salanes								244,157	244,157	248,333	248,333
	Housing	expenses							234,207	234,207	236,659	236,659
	Childrens	schoohng							66,244	66,244	66,644	66,644
	Telephone								19,060	19,060	14,942	14,942
	Pnnting,	stationery	and			office expenses			691,110	691,110	733,371	733,371
	Annual	meeting	and				conference
	expenses								365	365	53,003	53,003
	Staff development		expenses						4,301	4,301	16,357	16,357
	Security								121,279	121,279	112,236	112,236
	Donations										3,314,122	3,314,122
	Support	costs allocated					to activities
	Salaries								96,578	96,578	55,450	55,450
	Pension	contributions									3,239	3,239
	Housing	expenses							46,933	46,933	52,024	52,024
	Telephone								861	861	2,247	2,247
	Printing,	stationery	and			office expenses			39,443	39,443	74,076	74,076
	Legal and professional					charges			398	398	16,974	16,974
	Depreciation								63	63	84	84
	Loss on	sale ofmotor			vehicles				187	187	4,725	4,725
	Audit fees								25,141	25,141	23,136	23,136
	General	and hunger		relief					71,605	71 605
									3,117,758	3,117,758	7,193,996	7,193,996


9.	EMPLOYEES												2020	2019
													$	$
	The average monthly	number of	employees
	during the year was 5(2019:4)
	Staff costs amounted	to:-
	Wages and salaries												334,470	296,837
	Social security costs												6,265	3,610
	Pension costs													6,575
													340,735	307,022
	Directors' emoluments												79,314	89,557
	No employee was paid 560,000 or more during						the year.
	No directors or trustees received		any reimbursements					for any	expenses	incurred	during the year.
	During the year M. Thomas, a trustee			of the		charity,		received a salary and benefits totalling $33,587(2019:
	$39,034)for her role	as an administrator			within		the charity. S.		Helms recieved a salary			and benefits totalling
	$45,727 (2019:$49,433)for her role in				international			operations within the charity.			The services provided			were
	under the provisions	ofthe governing		document			ofthe charity,		No other	trustees	received		remuneration.
	The key management	personnel	ofthe		charity comprise the trustees and management							team. The total		employee
	benefits ofthe key management		personnel			ofthe charity were			$80,265(2019.$89,557).
10.	CONTROL
	Throughout the year	the company	was		under the control of its				directors.
11.	ANALYSIS OF NETASSETS BETINEEN FUNDS									General		Restricted		Total
										Funds			~und	Funds
										$			$	$
	Tangible fixed assets Current assets Current liabilities								838,594 ~63				18,991	857,585 (35,663)
	Net assets at 31stDecember 2020									802,931			18,991	821,922
										General		Restricted		Total
										Funds			Funds	Funds
										$				$
	Tangible fixed assets									250				250
	Curmnt assets Current liabilities								1,003,765 ~3,3				19,085	1,022,850 (39,395)
	Net assets at 31 December 2019									964,620			19,085	983,705

MOVEMENT IN FUNDS	At 1st						Transfers	Transfers	At31st
	~Janus	~ln		in			~Betw	n	December
	2020	Resources				Resources	Funds		2020
	$						$		$
Restricted funds
Special gifts	19,085			3,550		(3,644)			18,991
Total Restricted funds	19,085								18,991
Generalfunds
Fixed assets fund Unrestricted funds	250 »II			95	2	(250) ~3. 13864			802931
Total General funds					~	~3,12			802,931
Totalfunds	963,		,			~3, ,7581			821,922
	At 1st						Transfem		At 31st
	Januarnf	~lncornin				oin	Between		December
	2019	Resources				Resources	Funds		2019
	$						$		8
Restricted funds
Special gifts				36,568		(17,483)			19,085
Total Restricted funds						~17420			19,085
Generalfunds
Fixed assets fund Unrestricted funds	3,319,183 , », 65	3	746765			(3,318,933) ~3357580			250 964,370
Total General funds	, 9,368	3,		8,	65	~16.13			964,620
Totalfunds	,3,366	3,		8,333		~7.193.998			983,705

			2020		2019
INCOME
Chadtable donations-
Benevolent project funds		2,742,821		3,510,990
General operating funds		209,604		231,955
Media funds		3,550		36,568
Profit on sale ofassets	overseas			5,820
			2,955,975		3,785,333
~ESS * ES
Operating Expenses-
Salaries		96,578		55,450
Pension contributions				3,239
Housing expenses		46,933		52,024
Telephone		861		2,247
Printing, stationery and	office expenses	39,443		74,076
Legal and professional	charges	398		16,974
Audit fees		25,141		23,136
Depreciation		63		84
Loss on disposal offixed assets		187		4,725
			209,604		231,955
Benevolent Projects Expenses
General and hunger relief		1,058,595		1,519,777
Strategy development		68,374		22,934
Travelling expenses Language study		298,056 2»		588,299 31,086
			1,452,517		2,162,096
Benevolent Projects Support Expenses-
Salaries		244,157		248,333
Housing expenses		234,207		236,659
Children's schooling		66,244		66,644
Motor and travelling expenses		3,309		4,278
Telephone		19,060		14,942
Pdinting, stationery and	office expenses	691,110		733,371
Annual meeting and conference expenses		365		53,003
Staff development expenses		4,301		16,357
Security costs		121,279		112,236
Donations				3,314,122
General and hunger relief		71,605
			1,455,637		4,799,945
TOTAL EXPENDITURE			3,117,758		7,193,998
EXCESSOF EXPENDITURE OVER INCOME			~161,263		~6466633