2022-12-31-accounts - New Ways

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		Page
Report of the Trustees	1	to	7
Report of the Independent Auditors	8	to	11
Statement of Financial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	29
Detailed Statement of Financial Activities		30

			Statement	of Financial Activities
			for the Year Ended 31 December 2022
						31.12.22	31.12.21
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes			E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				88,543	396,278	484,821	429,765
Investment income				370		370	21
Total				88,913	396,2%8	485,191	429,786
EXPENDITURE ON
Raising funds					3,956	3,956
Charitable activities Grants Payable Support costs Governance Costs				98,786 26,498 4,932	322,290 '(7)	421,076 ',' 26,4,91, 4,932	333,268 -22,426 4,656
Total				130,216	326,239	456,455	360,350
NET INCOME/(EXPENDITURE)				(41,303)	70,039	28,736	69,436
RECONCILIATION OF FUNDS
Total funds brought	forward			156,379	101,262	257,641	188,205
TOTAL FUNDS CARRIED FORWARD				115,076	171,301	286,377	257,641

				Balance Sheet	Balance Sheet
				31 December 2022
							31.12.22	31.12.21
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes			E
CURRENT	ASSETS
Debtors				13	71,630		71,630	67,782
Cash at bank					49,795	171,301	221,096	196,269
					121,425	171,301	292,726	264,051
			'~
CREDITORS
Amounts	falling due within		one year		(6,349)		(6,349)	(6,410)
NET CURRENT		ASSETS			115,076	171,301	286,377	257,641
TOTAL ASSETS LESS CURRENT LIABILITIES					115,076	171,301	286,377	257,641
NET ASSETS					115,076	171,301	286,377	257,641
FUNDS				15
Unrestricted		funds					115,076	156,379
Restricted	funds						171,301	101,262
TOTAL FUNDS							286,377	257,641

					NEW WAYS
				A COMPANY	LIMITED BYGUARANTEE)
				Cash Flow Statement
				for the Year	Ended 31 December	2022
						31.12.22	31.12.21
				Notes		E
Cash flows from	operating	activities
Cash generated	from operations					24,457	42,108
Net cash provided by operating			activities			24,457	42,108
Cash flows from	investing	activities
Interest received						370	21
Net cash provided by investing			activities			370	21
Change in cash	and cash	equivalents		in
the reporting period						24,827	42,129
Cash and cash equivalents		at the
beginning ofthe	reporting	period				196,269	154,140
Cash and cash equivalents		at the end		of
the reporting period						221,096	196,269

			Notes to the Cash Flow Statement for the Year Ended 31 December 2022	Notes to the Cash Flow Statement for the Year Ended 31 December 2022	Notes to the Cash Flow Statement for the Year Ended 31 December 2022	Notes to the Cash Flow Statement for the Year Ended 31 December 2022	Notes to the Cash Flow Statement for the Year Ended 31 December 2022	Notes to the Cash Flow Statement for the Year Ended 31 December 2022
	RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
								31.12.22	31.12.21
								E
	Net income for the			reporting		period (as per the Statement	of Financial
	Activities)							28,736	69,436
	Adjustments for:
	Interest received							(370)	(21)
	Increase	in debtors						(3,848)	(27,075)
	Decrease	in creditors						(61)	(232)
	Net cash	provided		by operations				24,457	42,108
2.	ANALYSIS	OF CHANGES			IN NET FUNDS
							At 1.1.22	Cash flow	At31.12.22
							E	f.	E
	Net cash
	Cash at bank						196,269	24,827	221,096
							196,269	24,827	221,096
	Total						196,269	24,827	221,096

DONATIONS	AND LEGACIES
			31.12.22	31.12.21
Donations			262,878	286,790
Gift aid			47,458	64,878
Grants			150,439	78,087
Subscriptions			10	10
Sponsored Event Income			24,036
			484,821	429,765
Grants received, included		in the above, are as follows:
			31.12.22	31.12.21
			E
Tononyang	Nurseries			15,423
Narikotome	Health Project		21,460	21,500
Malawi School			1,000
Nariokotome	Nurseries			10,884
Turkana Borehole			76,000	10,000
South Sudan	Food Security			6,500
Malawi Bore Hole				13,780
Ethiopia Nurseries			7,498
South Sudan	Water Project		38,481
Lobur Mobile Clinic			3,000
South Sudan	Health Programme		3,000
			150,439	78,087

Notes	to the Financial Statements -continued
for	the Year Ended 31 December 2022

		for the Year Ende	for the Year Ende	d 31 December 2022
3.	INVESTMENT	INCOME
						31.12.22	31.12.21
						E
	Deposit account		interest			370	21
4.	RAISING FUNDS
	Raising donations		and legacies
						31.12.22	31.12.21
						K
	Fundraising	costs	—events			3,956
5,	CHARITABLE	ACTIVITIES COSTS
				Grant
				funding	of
				activities		Support
				(see note		costs (see
				6)		note 7)	Totals
	Grants Payable			421,076			421,076
	Support costs					26,491	26,491
	Governance	Costs				4,932	4,932
				421,076		31,423	452,499
6.	GRANTS PAYABLE
						31.12.22	31.12.21
						K
	Grants Payable					421,076	333,268

GRANTS PAYABLE - continued The total grants paid to institutions	during the year was as follows:
		31.12.22	31.12.21
		E
Fishing Boat			631
Lobur Secondary School Sponsorship		6,001	3,800
Todonyang Nurseries		16,082	13,000
Ethiopia Nurseries		30,148	13,500
Nariokotome Health Project		25,500	52,292
Lobur Nurseries		7,500	7,500
Empowerment 8, Education		6,909	6,803
Nariokotome Nurseries		49,986	40,300
Malawi Bore Hole		13,780
Furrows in the desert		7,000	5, 150
Todonyang Primary School		2,200	3,600
Turkana Girls Education		5,970	6,183
Turkana Emergency Project		15,000
Malawi Solar Lamps		1,700	650
Ethiopia Education		18,250	38,994
Management Centre Nyangatom	South Ethiopia	30,000	30,850
Turkana Bore Hole		58,448	41,800
Lobur Mobile Clinic		5,000	4,796
Malawi Nursery School		3,600	1,000
Lobur Primary School Sponsorship		5,000	3,600
Nariokotome Primary School		8,000	8,400
South Sudan Nursery		3,760	4,000
South Sudan Resource Centre		28,952	24,225
Kenya University Students			1,000
Impact Study			2,656
Malawi School Car		625	11,250
South Sudan Air			788
South Sudan Food Security			6,500
Malawi Albino Project		3,000
Malawi Agriculture		540
South Sudan Water Project		43,400
Turkana Women's Empowerment		24,725
		421,076	333,268

SUPPORT COS	TS
				Governance
		Management	Finance	costs	Totals
				E
Support costs		25,282	1,209		26,491
Governance	Costs			4,932	4,932
		25,282	1,209	4,932	31,423
Support costs, included		in the above, are as follows:
				31.12.22	31.12.21
		Support	Governance	Total	Total
		costs	Costs	activities	activities
		E		E
Web Site maintenance		1,512		1,512	1,545
Consultancy	Costs	12,600		12,600	11,700
Telephone		266		266	228
Postage and	stationery	194		194	286
Administration		9,752		9,752	7,315
Travel Costs		742		742
5ubscriptions		216		216	216
Bank charges		1,215		1,215	1,131
Foreign Gain/Loss		(6)		(6)	5
Auditors' remuneration			2,382	2,382	2,196
Accountancy			2,550	2,550	2,460
		26,491	4,932	31,423	27,082

The average number ofemployees in the year is	The average number ofemployees in the year is	The average number ofemployees in the year is	0 (2021 —0).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				E		F.
INCOME AND ENDOWMENTS		FROM
Donations and legacies				164,752	265,013	429,765
Investment income				21		21
Total				164,773	265,013	429,786
EXPENDITURE ON
Charitable activities
Grants Payable				50.954	282,314	333,268
Support costs				22,417	9	22,426
Governance Costs				4,656		4,656
Total				78,027	282,323	360,350
NET INCOME/(EXPENDITURE)				86,746	(17,310)	69,436
Transfers between funds				(35,395)	35,395
Net movement in funds				51,351	18,085	69,436
RECONCILIATION OF FUNDS
Total funds brought forward				105,027	83,178	188,205
TOTAL FUNDS CARRIED FORWARD				156,378	101,263	257,641
The above information	relates to 2021.

12.	TANGIBLE FI	XED ASS	ETS
						Fixtures
						and
						fittings
						F.
	COST
	At I January	2022 and		31 December 2022		1,919
	DEPRECIATION
	At 1 January	2022 and		31 December 2022		1,919
	NET BOOK VALUE
	At 31 December 2022
	At 31 December 2021
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.12.22	31.12.21
					E
	Income Tax	Recoverable			62,547	64,068
	Accrued Income				9,083	3,714
					71,630	67,782
14.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.12.22	31.12.21
					E
	Accrued expenses				6,349	6,410

MOVEMENT IN FUNDS
		Net
		movement	At
	At 1.1.22	in funds	31.12.22
Unrestricted funds
General fund	156,379	(41,303)	115,076
Restricted funds
Lobur Secondary School Sponsorship	2,510	(1,310)	1,200
Tononyang Nurseries	15,423	(15,423)
Ethiopia Education		1,965	1,965
Nariokotome Health Project	14,738	13,855	28,593
Lobur Nurseries	1,971	(1,054)	917
Empowerment	185	(38)	147
Nariokotome Nurseries	27,938	(2,225)	25,713
Furrows in the desert	2,000		2,000
Todonyang Primary School	300	44	344
Turkana Girls Education	475	1,945	2,420
Malawi Solar Lamps	463	64	527
Lobur Mobile Clinic	2,000	3,000	5,000
Malawi Bore Hole	13,780	(13,780)
Turkana Borehole	1,747	69,398	71,145
Ethiopia Nurseries	157	946	1,103
Lobur Primary School Sponsorship	2,270	(901)	1,369
Narlokotome Primary School	3,708	17,&77	21,385
South Sudan Resource Centre	7,975	(7,975)
Girls Education Burkina Faso	188		188
Turkana Nurseries	3,344	865	4,209
Malawi Agricutlure	90	(52)	38
Malawi Albino Project		38	38
South Sudan Health Programme		3,000	3,000
	101,262	70,039	171,301
TOTAL FUNDS	257,641	28,736	286,377

Net movement in funds, included	in the above are as	follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		F.	E
Unrestricted funds
General fund		88,913	(130,216)	(41,303)
Restricted funds
Lobur Secondary School Sponsorship		3,664	(4,974)	(1,310)
Tononyang Nurseries			(15,423)	(15,423)
Ethiopia Education		13,614	(11,649)	1,965
Nariokotome Health Project		39,350	(25,495)	13,855
Lobur Nurseries		120	(1,174)	(1,054)
Turkana Emergency Project		11,658	(11,658)
Empowerment		147	(185)	(38)
Nariokotome Nurseries		47,761	(49,986)	(2,225)
Furrows in the desert		4,000	(4,000)
Todonyang Primary School		597	(553)	44
Turkana Girls Education		5,000	(3,055)	1,945
Malawi Solar Lamps		1,764	(1,700)	64
Lobur Mobile Clinic		3,000		3,000
Malawi Bore Hole			(13,780)	(13,780)
Management Centre Nyangatom	South
Ethiopia		2,910	(2,910)
Turkana Borehole		131,096	(61,698)	69,398
Ethiopia Nurseries		18,806	(17,860)	946
Malawi Nursery School		1,000	(1,000)
Lobur Primary School Sponsorship		4,099	(5,000)	(901)
Nariokotome Primary School		25,676	(7,999)	17,677
South Sudan Resource Centre		15,457	(23,432)	(7,975)
Malawi School Car		609	(609)
Turkana Nurseries		1,571	(706)	865
Malawi Agricutlure		80	(132)	(52)
Malawi Albino Project		3,038	(3,000)	38
South Sudan Health Programme		3,000		3,000
South Sudan Water Project		38,481	(38,481)
Turkana Women's Empowerment		19,780	(19,780)
		396,278	(326,239)	70,039
TOTAL FUNDS		485,191	(456,455)	28,736

			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.21
Unrestricted funds
General fund		105,027	86,747	(35,395)	156,379
Restricted funds
Lobur Secondary School Sponsorship		1,557	(806)	1,759	2,510
Tononyang Nurseries		3,980	2,423	9,020	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		450	(450)	300	300
Turkana Girls Education			475		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			44	46	90
		83,178	(17,311)	35,395	101,262
TOTAL FUNDS		188,205	69,436		257,641

Comparative net movement in fu	nds, included in the	above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		164,773	(78,026)	86,747
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			(469)	(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	(6,500)
Turkana Nurseries		3,344		3,344
Malawi Agricutlure		44		44
		265,013	(282,324)	(17,311)
TOTAL FUNDS		429,786	(360,350)	69,436

			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.22
		F.
Unrestricted funds
General fund		105,027	45,444	(35,395)	115,076
Restricted funds
Lobur Secondary School Sponsorship		1,557	(2,116)	1,759	1,200
Tononyang Nurseries		3,980	(13,000)	9,020
Ethiopia Education		14,654	(14,654)	1,965	1,965
Nariokotome Health Project		2,655	19,416	6,522	28,593
Lobur Nurseries		2,140	(3,194)	1,971	917
Empowerment		49	(87)	185	147
Nariokotome Nurseries		22,913	(4,929)	7,729	25,713
Furrows in the desert		2,000	(2,000)	2,000	2,000
Todonyang Primary School		450	(406)	300	344
Turkana Girls Education			2,420		2,420
Malawi Solar Lamps		360	288	(121)	527
Lobur Mobile Clinic		4,500	(1,500)	2,000	5,000
Management Centre Nyangatom	South
Ethiopia			3,600	(3,600)
Turkana Borehole		18,054	52,682	409	71,145
Ethiopia Nurseries		588	358	157	1,103
Lobur Primary School Sponsorship		1,986	(2,330)	1,713	1,369
Nariokotome Primary School		4,708	12,969	3,708	21,385
South Sudan Resource Centre			(1,595)	1,595
Malawi Student Sponsorship		1,965		(1,965)
Fishing Boats		469	(469)
Girls Education Burkina Faso		150	36	2	188
Turkana Nurseries			4,209		4,209
Malawi Agricutlure			(8)	46	38
Malawi Albino Project			38		38
South Sudan Health Programme			3,000		3,000
		83,178	52,728	35,395	171,301
TOTAL FUNDS		188,205	98,172		286,377

A current year 12 months and p above are as follows:	rior year 12 month	s combined net movem	ent in funds, i	ncluded in t
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		253,686	(208,242)	45,444
Restricted funds
Lobur Secondary School Sponsorship		6,660	(8,776)	(2,116)
Tononyang Nurseries		15,423	(28,423)	(13,000)
Ethiopia Education		33,516	(48,170)	(14,654)
Nariokotome Health Project		97,209	(77,793)	19,416
Lobur Nurseries		240	(3,434)	(3,194)
Turkana Emergency Project		11,658	(11,658)
Empowerment		147	(234)	(87)
Nariokotome Nurseries		85,357	(90,286)	(4,929)
Furrows in the desert		6,000	(8,000)	(2,000)
Todonyang Primary School		987	(1,393)	(406)
Turkana Girls Education		11,658	(9,238)	2,420
Malawi Solar Lamps		2,638	(2,350)	288
Lobur Mobile Clinic		3,000	(4,500)	(1,500)
Malawi Bore Hole		13,780	(13,780)
Management Centre Nyangatom	South
Ethiopia		27,590	(23,990)	3,600
Turkana Borehole		156,180	(103,498)	52,682
Ethiopia Nurseries		22,896	(22,538)	358
Malawi Nursery School		1,185	(1,185)
Lobur Primary School Sponsorship		6,270	(8,600)	(2,330)
Nariokotome Primary School		28,642	(15,673)	12,969
South Sudan Resource Centre		41,217	(42,812)	(1,595)
Fishing Boats			(469)	(469)
Kenya University Students		800	(800)
Girls Education Burkina Faso		36		36
Impact Study		2,125	(2,125)
Malawi School Car		9,609	(9,609)
South Sudan Air		630	(630)
South Sudan Food Security		6,500	(6,500)
Turkana Nurseries		4,915	(706)	4,209
Malawi Agricutlure		124	(132)	(8)
Malawi Albino Project		3,038	(3,000)	38
South Sudan Health Programme		3,000		3,000
South Sudan Water Project		38481	(38,481)
Turkana Women's Empowerment		19,780	(19,780)
		661,291	(608,563)	52,728
TOTAL FUNDS		914,977	(816,805)	98,172

				NEW WAYS	NEW WAYS
			A COMPANY	LIMITED BYGUARANTEE
			Detailed Statement		of Financial Activities
			for the Year	Ended	31 December 2022
						31.12.22	31.12.21
							E
INCOME AND ENDOWMENTS
Donations and	legacies
Donations						262,878	286,790
Giff aid						47,458	64,878
Grants						150,439	78,087
Subscriptions						10	10
Sponsored Event Income						24,036
						484,821	429,765
Investment income
Deposit account interest						370	21
Total incoming	resources					485,191	429,786
EXPENDITURE
Raising donations		and legacies
Fundraising costs -		events				3,956
Charitable activities
Grants to institutions						421,076	333,268
Supportcosts
Management
Web Site maintenance						1,512	1,545
Consultancy	Costs					12,600	11,700
Telephone						266	228
Postage and	stationery					194	286
Administration						9,752	7,315
Travel Costs						742
Subscriptions						216	216
						25,282	21,290
Finance
Bank charges						1,215	1,131
Foreign Gain/Loss						(6)	5
						1,209	1,136
Governance	costs
Auditors' remuneration						2,382	2,196
Accountancy						2,550	2,460
						4,932	4,656
Total resources	expended					456,455	360,350
Net income						28,736	69,436