PENHA REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2020
Registered Charity no. 1038957 Registered Company no. 02658932
PENHA CONTENTS OF THE FINANCIAL STATEMENTS 31 DECEMBER 2020
| Page | |
|---|---|
| Charity information | 1 |
| Report of the Trustees | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 12 |
PENHA CHARITY INFORMATION 31 DECEMBER 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Trustees
The trustees in office in the year were as follows:Dr. Lulsegged Abebe - Chairperson Dr. Zeremariam Fre - Treasurer Dr. Taffese Mesfin Ms Nicole Kenton Ms. Roda Ibrahim Ms. Sophie Walsh
Secretary
Dr. Bereket Tsegay
Registered Company number
2658932 (England and Wales) Registered Charity number 1038957
Registered Office
1 Laney Building Bourne Estate Portpool Lane London EC1N 7UL www.penhanetwork.org 0044207 2420202 info@penhanetwork.org
Accountants/Auditors
Tekle Tesfaye (MAAT) TT Accountancy Services 00447949557324
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PENHA
REPORT OF TRUSTEES 31 DECEMBER 2020
Objectives
The principal activities of the charity in the period under review have been to promote sustainable development among pastoral and agro-pastoral communities through gender equality, resilience, enterprise and innovation, and regional cooperation across the Horn of Africa. PENHA works at the grassroots and policy levels to empower pastoralist communities to play a full role in their own development. On the UK side, it has focused on youth and diaspora programmes.
ACHIEVEMENT AND PERFORMANCE 2020
PENHA HQ
PENHA HQ carried out programme, management, fundraising and communication activities, including providing expertise advice to PENHA country offices, locally based organisations, and individuals in the Horn region and in the UK.
PENHA launched its new strategy 2020-25 ‘ Building Sustainable Futures ’ to promote sustainable development among pastoral and agro-pastoral communities through building resilience, peaceful coexistence and regional cooperation across the Horn of Africa. The review process was thorough and inclusive as trustees, staff, associates and stakeholders from the Horn and the UK actively participated.
This year has brought unprecedented challenges related to the Covid-19 pandemic, conflicts and political violence in the Horn of Africa where regular consultation meetings were held among the trustees, staff, associates and stakeholders in reviewing the impact of the pandemic and the conflicts on PENHA programmes and projects and the communities we work with. A PENHA Covid-19 response policy document was produced and in response to the pandemic’s impact. PENHA, with financial support from the Community Fund UK, implemented a project on Reducing Refugees' Emotional Homelessness in Kent, the UK . The funding was used to produce multimedia materials and delivered digital activities for refugees and asylum seekers from the Horn of Africa. The project was aimed at improving connectivity, emotional well-being and mental health during the COVID-19 crisis.
At the Board of Trustees’ AGM, various critical strategic issues were discussed, and the 2019 narrative and financial reports were approved. The Board also approved the trusteeship of Ms. Sophie Elisabeth Walsh in this reporting year, as part of plans to strengthen its governing body.
PENHA strengthened its partnerships with academic institutions in Ethiopia and the Horn region. It continued its partnership with the academic institutions in the UK and the Horn of Africa, the Global Reconciliation (GR), Nordic Consulting Group (NCG) and Camden Climate Change Alliance (CCCA).
As part of PENHA’s public engagement strategy, regular updates have been published on its digital media, and an e-newsletter has been distributed. PENHA has engaged more than 11 volunteers in office-based and virtual forms, including SOAS and University of London placements.
Ethiopia
The promotion of sustainable pastoral development in the country has been PENHA’s long-term policy since its inception in 1989. The legacy of PENHA’s work through the 1990s is recognised by civil society organisations, research institutions and government. Reaffirming its comment, the Board of trustees approved the reopening of an office in Ethiopia and after taking the necessary legal steps and in consultation with various relevant authorities and partners the office was opened at the end of the 2020. This is exciting news for PENHA, having had a regional office at Addis Ababa University from 1994 to 1998 when PENHA senior staff from the London office were relocated to Addis. Since then, PENHA has worked in Ethiopia through its partners. In Ethiopia, PENHA identified four key areas of development intervention and its work plan for 2020 – 2022 includes: i. Gender and Social Inclusion ii. Youth-Livelihoods and Enterprise Promotion iii. Collaboration on animal feed with Ethio-Feed LLC and iv. Ethiopia-Somaliland cross-border projects/collaboration.
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PENHA
REPORT OF TRUSTEES 31 DECEMBER 2020
PENHA in collaboration with Tropenbos International (TBI) of the Netherlands and with financial support from the Ministry of Foreign Affairs of the Netherlands has started delivering a programme on Dryland Forests and Trees – Productive Landscapes. Through knowledge generation, capacity building and facilitating informed dialogue, the programme aims to promote sustainable land management, inclusive governance and responsible finance and business, with an emphasis on local men and women foresters and farmers, communities, and forest and farm producer organisations. It aims to promote more sustainable land management practices and inclusive landscape governance ensuring that decisions reflect the interests of local communities, responsible business and finance leading to effective implementation of social and environmental standards and commitments, and the equitable inclusion of smallholders in different value chains. The Working Landscapes programme includes the following three strategies: strengthening the role of forests and trees in the national formulation and implementation of NDCs; implementing policies and practices towards climate-smart landscapes; and promoting international policies and partnerships. The secured grant for the project is €58,000 with plan for expansion in 2021. PENHA is working with the Environment, Forest and Climate Change Commission (EFCCC) and other partners in delivering the programme. An Inception Review study, conducted with Prof. Mitiku Haile of Mekelle University, provided solid analytical foundations. A follow-up study, based on consultations with over 40 experts from academia, NGOs and governmental agencies, formed the basis for an action plan, centred on policy and knowledge management, building towards a national workshop to be held early in 2021.
A consultancy report on Agriculture and Fragility in the G5 Sahel, conducted for AfDB, drew on experience in Ethiopia and Somaliland. This comprehensive analytical review looked at how multilateral development banks might deliver productivity-enhancing interventions in the context of conflict-affected semi-arid areas.
With evidence-based research findings of the Netherlands Organisation for Scientific Research (NWO) funded Social Protection for Inclusive Development in Afar Region of Ethiopia (SPIDA) project, PENHA along with the other consortium members of the Development Planning Unit of University College London and Adigrat University of Ethiopia made progress towards producing a nine-chapter book on social protection. A new chapter captures the impacts of COVID-19 on pastoral communities and the manuscript will be submitted to Routledge next year. The book will serve as a useful tool for academics and practitioners concerned with social protection in sub-Saharan Africa and in pastoralist and agro-pastoralist communities, in particular.
In Ethiopia, the Council of Ministers of the Federal Democratic Republic of Ethiopia approved the Pastoral Development Policy and Strategy in October 2020. This strategic document is meant to be a turning point in pastoral development in the country, and PENHA’s work is expected to complement the policy. Continuous engagement and partnership development with the EFCCC, existing and emerging academic institutions, including Mekelle, Samara, Addis Ababa, Adigrat and Jigjiga universities helped to identify areas of mutual collaboration and working modalities.
The pandemic, with key regional staff under lockdown in London, had a considerable impact on the work. But regional staff and Associates made effective use of Zoom to coordinate ongoing activities and continue policy work.
PENHA’s regional staff exchanged ideas with London’s Somali Advice and Forum of Information (SAAFI), led by board member Rhoda Ibrahim, which did outstanding work to support British Somalilanders through the lockdown.
Somaliland
PENHA-London helped to continue analytical and policy work, with a greater integration of work across London, Addis and Hargeisa under PENHA’s new strategy. Activities in Somaliland were greatly affected by the Covid-related pull-out of the international development agencies. The funds for the major projects outlined below were raised locally and are audited annually. Work under these projects continued, but many activities were scaled down or pushed back.
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PENHA REPORT OF TRUSTEES 31 DECEMBER 2020
FAO – Prosopis Control and Use, with Enterprise Promotion : PENHA Associate Beruk Yemane of EthioFeed Plc developed a training manual to support expanded work in Somaliland, based on successful commercial experience in Ethiopia. The planned delivery of training was suspended. But PENHASomaliland continued to support efforts by the local groups formed to expand commercial activities. Policy work continued, and collaboration across Somaliland and Ethiopia was boosted by engagement with GIZ on a regional approach. PENHA shared ideas with the Germany based non-profit organisation for development cooperation and humanitarian assistance - Welthungerhilfe and helped them to develop a similar programme, with support for a local company that will source processed prosopis from local groups, signing contracts with groups trained by PENHA. PENHA also contributed to a policy brief, “Innovative ways of managing Prosopis juliflora trees in Somalia: Safeguarding agricultural and pastoralist livelihoods by transforming a longstanding threat into a sustainable resource for women and youth” (FAO, 2020)
GIZ - Livelihoods and Resilience : PENHA continued to engage with GIZ on livelihoods and resilience, with a focus on gender and youth. An action plan on prosopis management, which grew out of GIZ’s regional “Dream Conference” in Ethiopia, provided an outline for policy based on control and use – but related activities were suspended.
The Seawater Greenhouse Project : With Seawater Greenhouse Ltd. UK., this pilot uses innovative technology to grow crops in arid coastal areas using desalinated seawater, and aims for commercial viability with inclusive business models. The Salt-Mine project, developed in collaboration with a consortium led by the Norwegian Water Research Institute (NIVA) expands the work, with a focus on salt and mineral extraction at the site. Senior Associate In February, Thor-Jurgen Loberg gave a comprehensive presentation on the project and its goal to the London board and Associates. Activities were later suspended due to Covid-19, but PENHA-Somaliland successfully conducted a lengthy “due diligence” process (by Zoom) with NRF, the South African fund manager appointed by SIDA, the donor.
UNDEF (United Nations Democracy Fund) – Strengthening Women’s Political Representation in Somaliland : This project aims to strengthen the capacity of women’s organisations and leaders and address women’s political marginalisation. Women trained under the project became prominent in the build-up towards elections, with a strong push for a Women’s Quota in Parliament and local administrations and the active engagement of Country Representative Sadia Ahmed.
Somaliland Development Fund Gender Equity and Social Inclusion (GESI) assessments: PENHA built on four assessments, conducted for the Somaliland Hargeisa Water Agency, Road Development Agency, Ministry of Livestock and Fisheries and for the Ministry of Agriculture, helping to shape key programmes. A further assessment was conducted for the livestock ministry, with presentations to the (DFID-supported) Somaliland Development Fund. These assessments involved a broad review of policies, with a focus on the participation and needs of women, youth, disabled people and minorities.
Policy work, research and networking : Covid-19 made in-person meetings impossible, but over the course of the year there was increased engagement by Zoom.
Sudan
PENHA has continued to collaborate with the Pastoralist Environment Association in Kassala State (PEAKS), the Animal Production and Resource Centre (APRC) and the Khartoum and Kassala based universities.
With financial support from the Desmond Tutu Fellowship Award of the Global Reconciliation, PEAKS had organised a regional conference on ‘ Regional conference on enhancing cross-border cohesion and reconciliation among pastoral communities along the borders of Ethiopia, Eritrea and Eastern Sudan’ in Kassala, Eastern Sudan. Representatives of various pastoralist communities were able to engage in a fruitful discussion and a report was produced and shared with various stakeholders. This was an important opportunity to promote reconciliation efforts, given Kassala’s geographical location near the Eritrean border. A representative from the London office also visited women’s cooperatives in eastern Sudan with PEAKS.
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PENHA REPORT OF TRUSTEES 31 DECEMBER 2020
Uganda
PENHA has delivered education projects and continued to be active in national, regional and international policy forums through the Focal Point Person (FPP) in Uganda. PENHA Senior Researcher and Policy Analyst from London and the FPP as well as the representatives of the Coalition of Pastoralist Civil Society Organisations (COPACSO) conducted a PENHA-COPACSO partnership development meeting in Kampala where common areas of interest were identified that potentially widen the existing partnership.
PENHA in collaboration with the COPACSO delivered two small pastoralists’ education focused projects in Uganda. The first was funded by the Brentwood United Reformed Church (BURC) in the UK for the purchase of benches and blackboards and the construction of a latrine at Kijumba Bright Future Nursery and Primary School, Nakaseke District and the second project was supported by the Rotary Club of Berkhamsted Bulbourne (RCBB) for the purchase of benches and chairs at Rwamuranda Primary School, Kiruhura district of the south-western part of Uganda’s cattle corridor.
FPP attended a validation and strategy meeting organised by Alliance for Food Sovereignty in Africa (AFSA) held in Kampala in mid-December aimed at providing feedback and informing the draft version of the Inter-governmental Authority on Development - IGAD Protocol on Transhumance and its dissemination. Once the protocol was adopted by the IGAD, a road map that includes dissemination of the protocol among the identified key stakeholders was developed by AFSA in partnership with the IGAD Centre for Pastoral and Livestock Development (ICPALD).
Further,the FPP contributed to the Experts Round Table Meeting on Harmful Agrochemicals Use and their Effects on Trade, Health and Food in Uganda, organised by SEATINI-Uganda in collaboration with CEFROHT and FRA and held in Kampala in February; in the GASL regional (Africa) as well as in the Global agenda for Sustainable Livestock (GASL) Multi Stakeholders 10[th] meeting; From Crisis to Action – Lessons from COVID-19 for Building a Better Future through Sustainable Livestock held in September; a virtual seminar Accounting for Pastoralists by League for Pastoral Peoples and Endogenous Livestock Development (LPP), held on 30[th] September that shared the results of the five country study.
With financial support from Natural Livestock Farming (NLF) International Foundation, NLF Uganda has started implementing a small seed grant initiative in December where the FPP is working on the restocking indigenous Ankole cattle in central Uganda cattle corridor through starting with natural live fencing of some selected farms as well as improving households’ income hrough Lake Mburo Farmers Cooperative Society.
Possible risks and risk management
PENHA works in a Region which is still vulnerable to poverty, largely the result of drought and famine, and political conflicts. Under such circumstances PENHA trustees regularly review risks and mitigate against such risks by having contingency plans in place.
Review of Financial Transactions
The Statement of Financial Activities on page 7 for the year ended 31 December 2020 sets out how the charity’s funds have been applied, and the Balance Sheet on page 8 sets out the charity’s financial position at 31 December 2020.
Review of Activities
At 31 December 2020 the charity’s funds amounted to £50,674 a decrease of £20,854 from the previous year end. This consolidated review includes the narrative and financial reports of both the London and Somaliland offices. The charity’s net assets are adequate to fulfil the obligations of the charity.
Dependency on Volunteers’ Services
The charity is dependent upon the services of unpaid 6 management committee and 7 volunteers and would like to thank them for the valuable services given by them during the year.
…………………………………………
Dr. Bereket Tsegay Secretary 26[th] of January 2022
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PENHA
I report on the accounts for the year ended 31 December 2020 set out on pages 7 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)
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have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tekle Tesfaye (MAAT) TT Accountancy Services 26[th] January 2022
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Registered Charity no. 1038957 Registered Company no. 02658932
PENHA STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2020
| Unrestricted Restricted Note Funds Funds £ £ Income and Expenditure Incoming Resources Grants & donations114,070 58,179 ——— ——— 4,070 58,179 Add: Income in advance brought forward 0 0 Less: Income in advance carried forward 0 0 ——— ——— 4,070 58,179 Resources Expended Direct charitable expenditure 40 64,350 Project support and administration 58,954 9,799 Fundraising and publicity 60 0 ——— ——— 8,954 74,149 ——— ——— Net Incoming/(Outgoing) Resources For the Year (4,884) (15,970) Funds brought forward at 1 January 2020 6,609 64,919 Transfer of Funds 0 0 Funds carried forward at 31 December 2020 1,725 48,949 |
Total 2020 £ 62,249 ——— 62,249 0 0 ——— 62,249 64,350 18,753 0 ——— 83,103 ——— (20,854) 71,528 0 50,674 |
Total 2019 £ 218,748 ——— 218,748 0 0 ——— 218,748 132,322 27,561 0 ——— 159,883 ——— 58,865 12,663 0 71,528 |
|---|---|---|
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PENHA BALANCE SHEET As At 31 December 2020
| Notes 2020 2019 | Notes 2020 2019 | |
|---|---|---|
| £ £ | ||
| Fixed Assets | ||
| Tangible Asset | 8 | 42,805 57,074 |
| ——— ——— | ||
| Total fixed asset | 42,805 57,074 | |
| Current Assets | ||
| Debtor | ||
| London office | 0 0 | |
| Somaliland office | 9 | 42,421 59,422 |
| Cash at bank and in hand | ||
| London office | 24,369 32,349 | |
| Somaliland office | 0 1,558 | |
| ——— ——— | ||
| Total Current Asset | 66,790 93,329 | |
| Liabilities: amounts falling due within one year | ||
| London office | 10 | (16,116) (21,801) |
| Somaliland office | 0 0 | |
| ——— ——— | ||
| Net Current Assets | 50,674 71,528 | |
| ——— ——— | ||
| Net Assets | 93,479 128,602 | |
| ——— ——— | ||
| Funds | ||
| Restricted |
||
| London office | 116,528 4,918 | |
| Somaliland office | 1142,421 60,001 | |
| Unrestricted | ||
| London office | 111,725 6,609 | |
| Somaliland office | 110 0 | |
| ——— ——— | ||
| 50,674 71,528 | ||
| ——— ——— |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for
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( a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved by the Board of Directors on 26 January 2022 and
were signed on its behalf by:
Dr. Lulsegged Abebe, Chair ________
Dr. Zeremariam Fre, Treasurer _______
The notes on pages 9 to 12 form part of these accounts.
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2020
1. Charity Status
The charity is a company limited by guarantee, the liability of the members being limited to £1 each. The company is registered as a charity with the Charities Commission and is exempt from direct taxation.
2. Accounting Policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is public benefit entity under 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015); The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Grants
All grants are from donors for specific projects or for the purpose of defraying staff costs, and for the provision of office facilities and functions.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Overseas projects
Expenditure in respect of overseas projects is charged to the relevant project at the time of liability arise for payment.
Foreign Currencies
Transactions denominated in foreign currencies are recorded at the rate of exchange ruling at the dates of transaction. Monetary assets and liabilities denominated in foreign currencies are translated in to sterling at the balance sheet date.
Companies Act
The company has permission under Section60(1a) of the Company’s Act 2006 to omit the word ‘Limited’.
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PENHA
NOTES TO THE FINANCIAL STATEMENTS
31 December 2020
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment 25% straight line
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
| Unrestricted Restricted Total Total | ||
|---|---|---|
| Funds Funds 2020 2019 | ||
| £ £ £ £ | ||
| 3. | Management and Administration | |
| Depreciation | 0 14,269 14,269 0 | |
| Examination and accountancy | 500 467 967 1,479 | |
| ——— ——— ——— ——— | ||
| 500 14,736 15,236 1,479 | ||
| ——— ——— ——— ——— | ||
| 4. | Charitable Activities | |
| Direct project costs | 62,776 126,624 | |
| Professional fee and consultancy | 967 1,479 | |
| Travel | 607 1,440 | |
| ——— ——— | ||
| 64,350132,322 |
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2020
| 5.Project support and administration Salaries & Volunteer costs Rent, rates and insurance Printing, postage and stationery Telephone, fax and internet Bank charges Accountancy fee Travel/Fuel expenses Echange rate loss General Expenses 6.Fundraising and publicity Professional fee and consultancy 7.Staff Costs Wages, professional charges and volunteer payments The average (full-time equivalent) number of persons employed during the year was:- 8.Tangible Fixed Asset Cost At 1 January 2020 London Office Somaliland Office Additions As at 31 December 2020 Depreciation At 1 January 2020 London office Somaliland office Charge for the year As at 31 December 2020 Net Book Value* As at 31 December 2020 As at 31 December 2019 |
2020 £ 1,050 7,550 1,211 1,809 191 967 1,261 216 4,498 ——— 18,753 0 ——— 0 7,927 ——— 7,927 ——— 10 — Equipment 0 57,074 0 ——— 57,074 0 14,269 ——— 14,269 ——— 42,805 42,805 57,074 |
|---|---|
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2020
| 2020 2019 | |
|---|---|
| 9.Debtors: | £ £ |
| Grants Receivables | |
| London Office | 0 0 |
| Somaliland Office | 42,421 59,422 |
| ——— ——— | |
| 42,421 59,422 | |
| ——— ——— | |
| 10.Liabilities: Amounts falling due within one year | |
| Project costs Accrued (London Office) | 15,411 20,301 |
| Sundry Creditors (London Office) | 705 1,500 |
| ——— ——— | |
| 16,116 21,801 | |
| ——— ——— | |
| Balance Incoming Resources Transfers Balance | |
| 1 January Resources Used Between 31 December | |
| 2020Funds2020 | |
| £ £ £ £ £ | |
| 11.Funds | |
| Restricted Funds | |
| London office | |
| Communiy Fund | 3,908 9,994 (7,374) 0 6,528 |
| DTRF | 1,010 0 (1,010) 0 0 |
| COVID-19 Support Fund (including the | 0 14,244 (14,244) 0 0 |
| Camden Council and individual donors) | |
| ——— ——— ——— ——— ——— | |
| Sub-total | 4,918 24,238 (22,628) 0 6,528 |
| Somaliland office | |
| UNDEF | 42,637 0 (216) 0 42,421 |
| FAO | 16,785 8,104 (24,889) 0 0 |
| SDF | 0 18,151 (18,151) 0 0 |
| UK/SWGH | 1,558 (1,558) 0 0 |
| Tropenbos International | 0 6,707 (6,707) 0 0 |
| Others | (979) 97900 0 |
| ——— ——— ——— ——— ——— | |
| Sub-total | 60,001 33,941 (51,521) 0 42,421 |
| ——— ——— ——— ——— ——— | |
| Total restricted fund | 64,919 58,179 (74,149) 0 48,949 |
| ——— ——— ——— ——— ——— | |
| Unrestricted Funds | |
| London office - donations | 6,609 4,070 (8,954) 0 1,725 |
| Somaliland office – donations | 0 0 0 0 0 |
| ——— ——— ——— ——— ——— | |
| 6,609 4,070 (8,954) 0 1,725 | |
| ——— ——— ——— ——— ——— | |
| Total Funds |
71,528 62,249 (83,103) 0 50,674 |
| ——— ——— ——— ——— ——— | |
| 12.Trustees Expenses |
No trustee or any person connected with them has received or is due to receive any remuneration for the year directly or indirectly from the charity’s funds.
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