2021-12-31-accounts - New Ways

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			Page
Report of the Trustees		I	to	6
Report ofthe Independent Auditors		7	to	9
Statement of Financial Activities			10
Balance Sheet
Cash Flow Statement			12
Notes to the Cash Flow Statement			13
Notes to the Financial Statements		14 to		25
Detailed Statement of Financial	Activities		26

	for	the Year End	ed 31 December	2021
					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes			E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	164,752	265,013	429,765	281,353
Investment income		3	21		21	140
Total			164,773	265,013	429,786	281,493
EXPENDITURE ON
Charitable activities
Grants Payable Support costs Governance Costs			50,954 22,417 4,656	282,314 9	333,268 22,426 4,656	320,959 21,409 4,560
Total			78,027	282,323	360,350	346,928
NET INCOME/(EXPENDITURE)			86,746	(17,310)	69,436	(65,435)
Transfers between funds		13	(35,395)	35,395
Net movement ln funds			51,351	18,085	69,436	(65,435)
RECONCILIATION OF FUNDS
Total funds brought forward			105,027	83,178	188,205	253,640
TOTAL FUNDS CARRIED FORWARD			156,378	101,263	257,641	188.205

		Balance Sheet	Balance Sheet
		31 December 2021
					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	8	F.	E	E
CURRENT ASSETS
Debtors		11	67,782		67,782	40,707
Cash at bank			95,007	101,262	196,269	154,140
			162,789	101,262	264,051	194,847
CREDITORS
Amounts falling due within one year		12	(6,410)		(6,410)	(6,642)
NET CURRENT	ASSETS		156,379	101,262	257,641	188,205
TOTAL ASSETS LESS CURRENT LIABILITIES			156,379	101,262	257,641	188,205
NET ASSETS			156,379	101,262	257,641	188,205
FUNDS		13
Unrestricted	funds				156,379	105,027
Restricted funds					101,262	83,178
TOTALFUNDS					257,641	188,205

				NEW WAYS
			A COMPANY	LIMITED BYGUARANTEE)
			Cash Flow Statement
			forthe Year	Ended 31 December	2021
					31.12.21		31.12.20
			Notes
Cash flows from operating	activities
Cash generated from operations					42,	108	41,044
Net cash provided by operating		activities			42,108		41,044
Cash flows from investing	activities
Interest received						21	140
Net cash provided by investing		activities				21	140
Change in cash and cash the reporting period	equivalents		in		42,	129	41,184
Cash and cash equivalents	at the
beginning ofthe reporting	period				154,140		112,956
Cash and cash equivalents	at the end of
the reporting period					196,269		154,140

Notes to the Cash for the Year Ended	Notes to the Cash for the Year Ended	Notes to the Cash for the Year Ended	Flow Statement 31 December 2021
RECONCILIATION OF NET INCOME/(EXPENDITURE)			TO NET CASH FLOW	FROM OPERATING ACTIVITIES 31.12.21 31.12.20
				E	E
Net income/(expenditure) for the reporhng		period	(as per the
Statement of Financial ActivWes)				69,436	(65,435)
Adjustments for:
Interest received				(21)	(140)
(Increase)/decrease	in debtors			(27,075)	105,502
(Decrease)/increase	in creditors			(232)	1,117
Net cash provided	by operations			42,108	41,044

ANALYSIS OF CHANGES
	At 1.1.21	Cash flow	At 31.12.21
			E
Net cash
Cash at bank	154,140	42,129	196,269
	154,140	42,129	196,269
Total	154,140	42,129	196,269

DONATIONS	AND LEGACIE	S
			31.12.21	31.12.20
			E	E
Donations			286,790	227,816
Gift aid			64,878	21,240
Grants			78,087	32,287
Subscriptions			10	10
			429,765	281,353
Grants received, included		in the above, are as follows:
			31.12.21	31.12.20
Tononyang	Nurseries		15,423
Narikotome	Health Project		21,500
Turkana Bore Hole				1,000
Emergency	Project			500
Turkana Earth Pan Dam				22,500
University				1,620
Nariokotome	Nurseries		10,884	6,667
Turkana Borehole			10,000
South Sudan	Food Security		6,500
Malawi Bore Hole			13,780
			78,087	32,287
INVESTMENT	INCOME
			31.12.21	31.12.20
			E	5
Deposit account interest			21	140

CHARITABLE ACTIVIT	IES COSTS
		Grant
		funding	of
		activities		Support
		(see note		costs (see
		5)		note 6)	Totals
				E	E
Grants Payable		333,268			333,268
Support costs				22,426	22,426
Governance Costs				4,656	4,656
		333,268		27,082	360,350
GRANTS PAYABLE
				31.12.21	31.12.20
				E	E
Grants Payable				333,268	320,959
The total grants paid to institutions		during the year was as follows:		31.12.21	31.12.20
				E
Fishing Boat				631
Lobur Secondary School Sponsorship				3,800	4,380
Todonyang Nurseries				13,000	13,042
Ethiopia Nurseries				13,500	22,205
Nariokotome Health	Project			52,292	27,913
Lobur Nurseries				7,500	7,180
Empowerment & Education				6,803	7,243
Nariokotome Nurseries				40,300	37.702
Furrows in the desert				5,150	5,500
Todonyang Primary	School			3,600	2,344
Turkana Girls Education				6,183	9,563
Emergency Project	—Lobur				14,275
Malawi Solar Lamps				650	285
Ethiopia Education				38,994	20,615
Management Centre Nyangatom		South Ethiopia		30,850	22,500
Turkana Bore Hole				41,800
Lobur Mobile Clinic				4,796	5,000
Malawi Nursery School				1,000	3,710
Latrines Project —Malawi					3,263
Turkana Earth Pan Dam					22,500
Ecuador Infrastructure					5,166
Lobur Primary School Sponsorship				3,600	5,580
Malawi Student Sponsorship					3,910
Nariokotome Primary School				8,400	8,543
South Sudan Nursery				4,000
South Sudan Resource Centre				24,225	59,550
Kenya University Students				1,000	4,790
Youth Training					1,200
CV19 Emergency -	Malawi				3,000
Impact Study				2,656
Malawi School Car				11,250
South Sudan Air				788
South Sudan Food Security				6,500
				333,268	320,959

			for the Year Ended 31 Decemb	er 2021
b.	SUPPORT COSTS
					Governance
			Management	Finance	costs	Totals
			8	E	E	E
	Support costs		21,290	1,136		22,426
	Governance	Costs			4,656	4,656
			21,290	1,136	4,656	27,082
	Support costs, included		in the above, are as follows:
					31.12.21	31.12.20
			Support	Governance	Total	Total
			costs	Costs	activities	activities
			E		E	E
	Web Site maintenance		1,545		1,545	2,130
	Consultancy	Costs	11,700		11,700	6,400
	Telephone		228		228	193
	Postage and	stationery	286		286	366
	Administration		7,315		7,315	7,898
	Travel Costs					2,899
	Subscriptions		216		216	520
	Bank charges		1,131		1,131	992
	Foreign Gain/Loss		5		5	11
	Auditors' remuneration			2,196	2,196	2,160
	Accountancy			2,460	2,460	2,400
			22,426	4,656	27,082	25,969

31.12.21	31.12.20
	8
2,196	2, 160

	Notes to the Financial Statements -c forthe Year Ended 31 December	Notes to the Financial Statements -c forthe Year Ended 31 December	Notes to the Financial Statements -c forthe Year Ended 31 December	ontinued 2021
9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
					E	E
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			70,133	211,220	281,353
	Investment income			140		140
	Total			70,273	211,220	281,493
	EXPENDITURE ON
	Charitable activities
	Grants Payable			53,120	267,839	320,959
	Support costs			21,404	5	21,409
	Governance Costs			4,560		4,560
	Total			79,084	267,844	346,928
	NET INCOME/(EXPENDITURE)			(8,811)	(56,624)	(65,435)
	Transfers between funds			(18,658)	18,658
	Net movement In funds			(27,469)	(37,966)	(65,435)
	RECONCILIATION OF FUNDS
	Total funds brought forward			132,497	121,143	253,640
	TOTAL FUNDS CARRIED FORWARD			105,028	83,177	188,205
	The above information	relates to 2020.
10.	TANGIBLE FIXED ASSETS
						Fixtures
						and
						fittings
						E
	COST
	At I January 2021 and
	31 December 2021					1,919
	DEPRECIATION
	At I January 2021 and
	31 December 2021					1,919
	NET BOOK VALUE
	At 31 December 2021
	At 31 December 2020

	forthe Year Ended 31	forthe Year Ended 31	Decemb	er 2021
11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.12.21	31.12.20
					E
	Income Tax Recoverable				64,068	36,587
	Accrued Income				3,714	4,120
					67,782	40,707
12.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31.12.21	31.12.20
	Accrued expenses				6,410	6,642
13.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
		At	1.1.21	in funds	funds	31.12.21
			5			E
	Unrestricted funds
	General fund	105,027		86,747	(35,395)	156,379
	Restricted funds
	Lobur Secondary School Sponsorship Tononyang Nurseries		1,557 3,980	(806) 2,423	1,759 9,020	2,510 15,423
	Ethiopia Education	14,654		(16,619)	1,965
	Nariokotome Health Project		2,655	5,561	6,522	14,738
	Lobur Nurseries		2,140	(2,140)	1,971	1,971
	Empowerment		49	(49)	185	185
	Nariokotome Nurseries	22,913		(2,704)	7,729	27,938
	Furrows in the desert		2,000	(2,000)	2,000	2,000
	Todonyang Primary School Turkana Girls Education		450	(450) 475	300	300 475
	Malawi Solar Lamps		360	224	(121)	463
	Lobur Mobile Clinic		4,500	(4,500)	2,000	2,000
	Malawi Bore Hole			13,780		13,780
	Management Centre	Nyangatom
	South Ethiopia			3,600	(3,600)
	Turkana Borehole	18,054		(16,716)	409	1,747
	Ethiopia Nurseries		588	(588)	157	157
	Lobur Primary School Sponsorship		1,986	(1,429)	1,713	2,270
	Nariokotome Primary School		4,708	(4,708)	3,708	3,708
	South Sudan Resource	Centre		6,380	1,595	7,975
	Malawi Student Sponsorship		1,965		(1,965)
	Fishing Boats		469	(469)
	Girls Education Burkina	Faso	150	36	2	188
	Turkana Nurseries			3,344		3,344
	Malawi Agricutlure				46	90
		83,178		(17,311)	35,395	101,262
	TOTAL FUNDS	188,205		69,436		257,641

Net movement in funds, included in the above ar	e as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	F.	E
Unrestricted funds
General fund	164,773	(78,026)	8e,747
Restricted funds
Lobur Secondary School Sponsorship	2,996	(3,802)	(806)
Tononyang Nurseries	15,423	(13,000)	2,423
Ethiopia Education	19,902	(36,521)	(16,619)
Nariokotome Health Project	57,859	(52,298)	5,561
Lobur Nurseries	120	(2,260)	(2,140)
Empowerment		(49)	(49)
Nariokotome Nurseries	37,596	(40,300)	(2,704)
Furrows in the desert	2,000	(4,000)	(2,000)
Todonyang Primary School	390	(840)	(450)
Turkana Girls Education	6,658	(6,183)	475
Malawi Solar Lamps	874	(650)	224
Lobur Mobile Clinic		(4,500)	(4,500)
Malawi Bore Hole	13,780		13,780
Management Centre Nyangatom
South Ethiopia	24,680	(21,080)	3,600
Turkana Borehole	25,084	(41,800)	(16,716)
Ethiopia Nurseries	4,090	(4,678)	(588)
Malawi Nursery School	185	(185)
Lobur Primary School Sponsorship	2,171	(3,600)	(1,429)
Nariokotome Primary School	2,966	(7,674)	(4,708)
South Sudan Resource Centre	25,760	(19,380)	6,380
Fishing Boats		(4e9)	(469)
Kenya University Students	800	(800)
Girls Education Burkina Faso	36		36
Impact Study	2,125	(2,125)
Malawi School Car	9,000	(9,000)
South Sudan Air	630	(630)
South Sudan Food Security	6,500	(e,5oo)
Turkana Nurseries	3,344		3,344
Malawi Agricutlure	44		44
	265,013	(282,324)	(17,311)
TOTAL FUNDS	429,786	(360,350)	69,436

Comparatives for movement in funds
		Net	Transfers
		movement	between	At
	At 1.1.20	in funds	funds	31.12.20
		E	f.	E
Unrestricted funds
General fund	132,497	(8,812)	(18,658)	105,027
Restricted funds
Lobur Secondary School Sponsorship	4,374	(2,617)	(200)	1,557
Nurseries		6,248	(6,248)
Tononyang Nurseries	3,121	(3,121)	3,980	3,980
Ethiopia Education	19,465	(6,400)	1,589	14,654
Turkana Earth Pan Dam	10,937		(10,937)
Nariokotome Health Project	7,232	(46)	(4,531)	2,655
Lobur Nurseries	1,039	(1,039)	2,140	2,140
Empowerment			49	49
Nariokotome Nurseries	16,876	(1,21I)	7,248	22,913
Furrows in the desert	2,330	(2,330)	2,000	2,000
Todonyang Primary School			450	450
Malawi Solar Lamps	277		83	360
Lobur Mobile Clinic	5,000	(5,000)	4,500	4,500
Management Centre Nyangatom
South Ethiopia	21,087	(21,087)
Turkana Borehole	2.500	2,039	13,515	18,054
Ethiopia Nurseries	10,636	(10,636)	588	588
Lobur Primary School Sponsorship	5, 167	(3,442)	261	1,986
Ecuador Infrastructure	1,990	(1,990)
Nariokotome Primary School	5,203	(3,936)	3,441	4,708
Malawi Student Sponsorship	3,909	(2,658)	714	1,965
Fishing Boats		457	12	469
Girls Education Burkina Faso		146	4	150
	121,143	(56,623)	18,658	83,178
TOTAL FUNDS	253,640	(65,435)		188,205

Comparative net m	ovement in funds, included in	the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
				E
Unrestricted funds
General fund		70,273	(79,085)	(8,812)
Restricted funds
Lobur Secondary School Sponsorship		1,761	(4,378)	(2,617)
Nurseries		6,248		6,248
Tononyang Nurseries			(3,121)	(3,121)
Ethiopia Education		14,215	(20,615)	(6,400)
Turkana Earth Pan Dam		22,500	(22,500)
Nariokotome Health	Project	27,865	(27,911)	(46)
Lobur Nurseries		120	(1,159)	(1,039)
Emergency Project	—.Lobur	13,524	(13,524)
Empowerment		1,000	(1,000)
Nariokotome Nurseries		36,491	(37.702)	(1,211)
Furrows in the desert		2,000	(4,330)	(2,330)
Todonyang Primary	School	689	(689)
Turkana Girls Education		7,650	(7,650)
Malawi Solar Lamps		251	(251)
Lobur Mobile Clinic			(5,000)	(5,000)
Management Centre Nyangatom
South Ethiopia		1,130	(22,217)	(21,087)
Turkana Borehole		2,039		2,039
Ethiopia Nurseries		5,361	(15,997)	(10,636)
Malawi Nursery School		3,635	(3,635)
Lobur Primary School Sponsorship		2,138	(5,580)	(3,442)
Ecuador Infrastructure		2,877	(4,867)	(1,990)
Nariokotome Primary School		4,606	(8,542)	(3,936)
South Sudan Resource Centre		47,640	(47,640)
Malawi Student Sponsorship		1,252	(3,910)	(2,658)
Fishing Boats		457		457
Kenya University Students		4,665	(4,665)
Youth Training		960	(960)
Gihs Education Burkina Faso		146		146
		21 1,220	(267,843)	(56.623)
TOTAL FUNDS		281,493	(346,928)	(65,435)

A current year 12 months and prior year 1	2months combined	position is as fo	llows:
		Net	Transfers
		movement	between	At
	At 1.1.20	in funds	funds	31.12.21
	E
Unrestricted funds
General fund	132,497	77,935	(54,053)	156,379
Restricted funds
Lobur Secondary School Sponsorship	4,374	(3,423)	1,559	2,510
Nurseries		6,248	(6,248)
Tononyang Nurseries	3,121	(698)	13,000	15,423
Ethiopia Education	19,465	(23,019)	3,554
Turkana Earth Pan Dam	10,937		(10,937)
Nariokotome Health Project	7,232	5,515	1,991	14,738
Lobur Nurseries	1,039	(3,179)	4, 1 I I	1,971
Empowerment		(49)	234	185
Nariokotome Nurseries	16,876	(3,915)	14,977	27,938
Furrows in the desert	2,330	(4,330)	4,000	2,000
Todonyang Primary School		(450)	750	300
Turkana Girls Education		475		475
Malawi Solar Lamps	277	224	(38)	463
Lobur Mobile Clinic	5,000	(9,500)	6,500	2,000
Malawi Bore Hole		I3,780		13,780
Management Centre Nyangatom
South Ethiopia	21,087	(17,487)	(3,600)
Turkana Borehole	2,500	(14,677)	13,924	1,747
Ethiopia Nurseries	10,636	(11,224)	745	157
Lobur Primary School Sponsorship	5,167	(4,871)	1,974	2,270
Ecuador Infrastructure	1,990	(1,990)
Nariokotome Primary School	5,203	(8,644)	7,149	3,708
South Sudan Resource Centre		6,380	1,595	7,975
Malawi Student Sponsorship	3,909	(2,658)	(1,251)
Fishing Boats		(12)	12
Girls Education Burkina Faso		182	6	188
Turkana Nurseries		3,344		3,344
Malawi Agricutlure			46	90
	121,143	(73,934)	54,053	101,262
TOTA L FUNDS	253,640	4,001		257,641

A current year 12 months and prior year 12 mont above are as follows:	hs combined net movem	ent in funds, i	ncluded in th
	Incoming	Resources	Movement
	resources	expended	in funds
	E		E
Unrestricted funds
General fund	235,046	( I57, I I I )	77,935
Restricted funds
Lobur Secondary School Sponsorship	4,757	(8,180)	(3,423)
Nurseries	6,248		6,248
Tononyang Nurseries	15,423	(16,121)	(698)
Ethiopia Education	34,117	(57,136)	(23,019)
Turkana Earth Pan Dam	22,500	(22,500)
Nariokotome Health Project	85,724	(80,209)	5,515
Lobur Nurseries	240	(3,419)	(3,179)
Emergency Project - Lobur	13,524	(13,524)
Empowerment	1,000	(1,049)	(49)
Nariokotome Nurseries	74,087	(78,002)	(3,915)
Furrows in the desert	4,000	(8,330)	(4,330)
Todonyang Primary School Turkana Girls Education	1,079 14,308	(1,529) (13,833)	(450) 475
Malawi Solar Lamps	1,125	(901)	224
Lobur Mobile Clinic		(9,500)	(9,500)
Malawi Bore Hole	13,780		13,780
Management Centre Nyangatom
South Ethiopia	25,810	(43,297)	(17,487)
Turkana Borehole	27,123	(41,800)	(14,677)
Ethiopia Nurseries	9,451	(20,675)	(11,224)
Malawi Nursery School	3,820	(3,820)
Lobur Primary School Sponsorship	4,309	(9,180)	(4,871)
Ecuador Infrastructure	2,877	(4,867)	(1,990)
Nariokotome Primary School	7,572	(16,216)	(8,644)
South Sudan Resource Centre	73,400	(67,020)	6,380
Malawi Student Sponsorship	1,252	(3,910)	(2,658)
Fishing Boats	457	(469)	(12)
Kenya University Students	5,465	(5,465)
Youth Training	960	(960)
Girls Education Burkina Faso	182		182
Impact Study	2.125	(2,125)
Malawi School Car	9,000	(9,000)
South Sudan Air	630	(630)
South Sudan Food Security	6,500	(6,500)
Turkana Nurseries	3,344		3,344
Malawi Agricutlure			44
	476,233	(550,167)	(73,934)
TOTAL FUNDS	711,279	(707,278)	4,001

			NEW	WAYS
		A COMPANY	LIMITED BY GUARANTEE)
		Detailed Statement		of Financial	Activities
		forthe Year	Ended 31 December 2021
						31.12.21	31.12.20
INCOME AND ENDOWMENTS
Donations and	legacies
Donations						286,790	227,816
Gift aid						64,878	21,240
Grants						78,087	32,287
Subscriptions						10	10
						429,765	281,353
Investment income
Deposit account interest						21	140
Total incoming	resources					429,786	281,493
EXPENDITURE
Charitable activities
Grants to institutions						333,268	320,959
Support costs
Management
Web Site maintenance						1,545	2,130
Consultancy	Costs					11,700	6,400
Telephone						228	193
Postage and Administration	stationery					286 7,315	366 7,898
Travel Costs							2,899
Subscriptions						216	520
						21,290	20,406
Finance
Bank charges						1,131	992
Foreign Gain/Loss						5	11
						1,136	1,003
Governance	costs
Auditors' remuneration						2,196	2,160
Accountancy						2,460	2,400
						4,e5e	4,560
Total resources	expended					360,350	346,928
Net Income/(expenditure)						69,436	(65,435)