PENHA REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2021
Registered Charity no. 1038957 Registered Company no. 02658932
PENHA CONTENTS OF THE FINANCIAL STATEMENTS 31 DECEMBER 2021
| Page | |
|---|---|
| Charity information | 1 |
| Report of the Trustees | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 13 |
PENHA CHARITY INFORMATION 31 DECEMBER 2021
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 2021. 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 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 2021
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 2021
PENHA HQ
PENHA HQ carried out programme, management, fundraising and communication activities, including providing expert advice to PENHA country offices, locally based organisations, and individuals in the Horn region and in the UK. This reporting year has brought unprecedented challenges related to the conflicts, political violence, social unrests in the Horn of Africa, besides the adverse impacts of Covid-19 pandemic on our communities. This has required the Board to continuously review the risk associated with these and their impacts on the pastoral and agro-pastoral communities in the region and the programmes. Therefore, at the Board of Trustees’ AGM, various critical strategic issues were discussed, and the 2020 narrative and financial reports were approved. The Board also passed a resolution to convert PENHA registration from a charitable company to a charitable incorporated organisation (CIO) on its 14 May 2021 meeting and working with LATHAM & WATKINS a legal firm which is providing a pro-bono service to PENHA.
Regarding its programmes and projects, PENHA, with financial support from the Community Fund UK, has continued to implement the 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 wellbeing and mental health during the COVID-19 crisis.
Furthermore, 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 Development Planning Unit of University College London and Adigrat University of Ethiopia submitted a nine-chapter book manuscript on social protection that captures the impacts of COVID-19 on pastoral communities to Routledge and expected to serve as a useful tool for academics and practitioners concerned with social protection in sub-Saharan Africa. In disseminating the SPIDA research finding a senior researcher has delivered a presentation at the 5[th] Interdisciplinary Oxford Desert Conference organised by the University of Oxford with the Economic and Social Research Council (UKRI) and the Global Challenge Research Fund (GCRF) funding.
PENHA continued developing its partnerships with academic institutions in Ethiopia and the Horn region. Strengthening its work on the animal welfare and livelihoods improvements of the pastoralist and agropastoralist communities our research associate, Victoria Phillips, has initiated a veterinary project and is in discussions with the Elnet Foundation in Ethiopia on its delivery. Meanwhile, PENHA has also continued its partnership with academic institutions in the UK. 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 recruited two research associates, a programme manager and engaged more than 11 volunteers in officebased and virtual forms.
PENHA’s patron and UK national treasure Joanna Lumley has been awarded a damehood in the Queen’s New Year Honours List for her contribution to entertainment and the dramatic arts as well as her commitment to charity, having been awarded an OBE in 1995. The new honour endorses her commitment to PENHA’s works and the Board congratulated Joanna.
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PENHA REPORT OF TRUSTEES 31 DECEMBER 2021
Ethiopia
PENHA was formally registered to operate in Ethiopia at the end of 2020, and opened the new Addis office in 2021. PENHA-Ethiopia is working to promote sustainable development, with a broad agenda that is centred on pastoralism and encompasses gender and social inclusion, as well as youth, livelihoods, employment and enterprise promotion. PENHA in collaboration with Tropenbos International (TBI) of the Netherlands and with financial support from the Ministry of Foreign Affairs of the Netherlands is delivering the Working Landscapes programme on Dryland Forests and Trees – Productive Landscapes. Building on studies conducted in 2020, PENHA has been working towards the development of a National Drylands Restoration Strategy.
National workshop on dryland restoration and dry forest management: In April 2021, 46 participants came together in Addis Ababa for an intensive three days of discussions. It ended with a shared vision between the Environment, Forest and Climate Change Commission (EFCCC) at federal level, and representatives of six regional governments (Afar, Amhara, Benishangul-Gumuz, Oromia, Somali and Tigray), international research institutions, and NGOs. In group sessions, experiences from across the country showed different approaches to landscape restoration, including area exclosures in Tigray, participatory forest management in Benishangul-Gumuz, and rangeland rehabilitation in Somali Region. Presentations and discussions also focused on the need to develop frankincense value chains, the key role of charcoal, and the problem of invasive prosopis trees, amongst others. But all agreed on the centrality of economic benefits to local communities, without which restoration efforts cannot be sustained. A declaration was agreed, laying the ground for the establishment of a dryland restoration platform. The Ethiopia dryland restoration platform (EDRP) established in the first workshop in April, held further workshops in August and December 2021, including a 40-strong team of representatives from federal government, universities, NGOs, and from the six main dryland regions. These provided further inputs into the development of a national dryland strategy through work in four thematic areas: livelihoods and markets, sustainable natural resource management, land tenure and governance, policy alignment and knowledge management; as well as perspectives from the six regions.
Analytical work provided the basis for policy development and resulted in a landmark publication: Dryland restoration and dry forest management in Ethiopia: Sharing knowledge to meet local needs and national commitments. A review . Haile M, Livingstone J, Shibeshi A, Pasiecznik N (eds.), 2021. PENHA, Ethiopia and TBI, the Netherlands. 160pp. The book contains 18 articles that provide a comprehensive overview of the issues and of experience in six regions with significant dryland areas: Afar, Amhara, BenishangulGumuz, Oromia, Somali and Tigray. Copies of the book were disseminated widely and shared with relevant Ethiopian institutions. Alongside this, PENHA produced two policy-oriented publications in collaboration with partners. An analysis of the role of the drylands in progress towards Ethiopia’s climate change mitigation efforts: Integration of forest landscape restoration in Ethiopia’s nationally determined contributions. A review, with a focus on drylands . Moges, Y., Haile, M. and Livingstone, J. 2021. PENHA and TBI. Frankincense is the most common of several gum and resin species in Ethiopia’s drylands, and can be the second most important source of income for many pastoralists, after livestock and animal products. This work included an extensive analysis of historical and current literature, and a workshop in September 2021, where 20 participants gathered in Addis Ababa to share experiences from different regions, leading to recommendations for improving benefits to local communities. Inclusive frankincense value chain development in Ethiopia. A historical perspective on forest governance and reforms for better livelihoods and conservation outcomes . Eshete, A., Kassa, H. and Livingstone, J. 2021. PENHA and TBI.
Conflict in Tigray disrupted plans for landscape-level work in the Tigray and Afar regions, with local actors, in collaboration with Mekelle University. Friends and colleagues in these war-torn regions suffered terribly. But knowledge management and policy work continued, with input from the Tigray and Afar regions. Conflict resolution and peacebuilding, as well as recovery and rehabilitation work will be important parts of the development agenda going forward.
PENHA signed an MoU with the Elnet Foundation, aiming to build on collaboration on animal welfare initiated by Dr Victoria Phillips. After many years of service, Dr Muhammed Musa stood down and handed over to the new Country Representative Mr Biruk Yemane.
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PENHA REPORT OF TRUSTEES 31 DECEMBER 2021
Somaliland
Activities in Somaliland have recovered only slowly from Covid impacts, with key staff members suffering persistent illness and project implementation disrupted by the long suspension of activities. The funds for the major projects outlined below were raised locally, managed in compliance with international donor requirements, and are audited annually.
GIZ - Livelihoods and Resilience : GIZ remains an important partner for PENHA. PENHA conducted a baseline study for GIZ’s new program, “Improving Disaster Risk Management & Food Security to Strengthen Resilience in Somaliland” (RDRM). This involved an analysis of the economic prospects for women, young women and youth.
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. PENHA conducted site assessments and developed a procurement plan, in collaboration with Charlie Paton of SG. The focus has been on site rehabilitation after Cyclone damage and on addressing a number of technical issues. It is funded by Norwegian Research Council, South Africa´s National Research Foundation (NRF), Australia`s Commonwealth Scientific and Industrial Research Organisation (CISRO), and the Swedish International Development Cooperation Agency (SIDA).
UNDEF (United Nations Democracy Fund) – Strengthening Women’s Political Representation in Somaliland : Final reporting was completed for this project aimed at strengthening the capacity of women’s organisations and leaders and addressing women’s political marginalisation. PENHA will continue to promote women’s participation in governance at different levels.
Somaliland Development Fund - Gender Equity and Social Inclusion (GESI) assessments: PENHA carried out further GESI work, building on previous sectoral studies, with an analysis conducted for the project entitled “Gender Equity and Social Inclusion (GESI) for Improved Livelihood of Artisanal Fisheries alongside the Coast to Increase Food Security”. This involved a broad assessment of policies and the local context, with a focus on the participation and needs of women, youth, disabled people and minorities.
Policy work, research and networking : PENHA-Somaliland continued to engage with local and international networks, including CELEP. Country Representative Sadia Ahmed made a visit to Djibouti to exchange ideas with policymakers and CSO representatives. PENHA-Somaliland signed an MoU with Golis University, with a view to collaborating on action-oriented research.
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. The partnerships have been focusing on developing joint areas of intervention that address the critical livelihoods challenges of the pastoral communities in Sudan. PENHA has supported the communities through capacity building, natural resources management, innovation and evidence-based researches including the increasing livestock productively through utmost utilisations of the invasive Prosopis Juliflora. Sudan’s experience in taking some interventions and initiatives has been a spiral effect throughout the Horn of Africa region.
Uganda
PENHA has continued to actively in national, regional and international policy forums through our Focal Point Person (FPP) in Uganda. As members of the Coalition for Pastoralist Civil Society Organizations (COPACSO), the FPP attended the Introductory Meeting To Legal And Policy Discourse On Management Of Fragile Ecosystems in The Rangelands which seeks to develop a National Engagement Strategy (NES). This was held in conjunction with the Food Rights Alliance, a consortium of over 40 members working together to collectively address issues around the right to adequate food at policy and practice level.
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PENHA
REPORT OF TRUSTEES 31 DECEMBER 2021
On a similar theme the Alliance for Food Sovereignty in Africa (AFSA) and its partners organised the 1[st] National Dialogue on Uganda Food Policy and the launch of the Mini Barefoot guide on Nutrition under the Theme: ‘Our Food, Our Future: Our Voice Counts’. AFSA members represent smallholder farmers, pastoralists, hunter/gatherers, indigenous peoples; faith-based institutions, and environmentalists with 37 members operating in 50 countries of Africa.
PENHA’s FPP is a member of the LIFE Network and a small scale cattle keeper from a pastoralist community and in that capacity attended the League for Pastoral Peoples and Endogenous Livestock (LPP)’s 'Mapping for Pastoralists' project. The focus was on 'nature positive production', 'regenerative farming' and for 'agro-ecological approaches' across the globe. The FPP also attended the four-day virtual 11[th] Multi-Stakeholder Partnership (MSP) Meeting of Global Agenda for Sustainable Livestock (GASL); Embracing Change and Harnessing Diversity: The Roles of Livestock in Sustainable Food Systems . The content had been developed from a series of ten regional consultations that had occurred during the previous month. Participants included representatives from the Committee on World Food Security (CFS), the Committee on Agriculture (COAG), the International Feed Industry Federation (IFIF), the Indian NGO Anthra and the International Livestock Research Institute (ILRI).
The FPP participated in the Natural Livestock Farming (NLF) webinar on Natural Ways of Dairy Calf Raising which looked at serious impact of disease and mortality in young calves. Another online event was the High Level Virtual Dialogue on Management of Natural Resources in the Rangelands with the theme of ‘Tapping into the enormous potential of the rangelands to contribute to food security and national development’ . It assessed the impact of the National Rangeland Management and Pastoralism Policy and the role of the Department of Wetlands division of the Ministry of Water and Environment of Uganda.
The final event attended for the year was the Launch of 'Livestock for a Small Planet' organised by the League for Pastoral Peoples and Endogenous Livestock Development (LPP) at which PENHA’s FPP was among the main speakers. The booklet by Ilse Koehler-Rollefson addresses some of the critical discussions being had around the role of livestock and the 'livestock efficiency paradigm'. It also includes coverage of the International Year of Rangelands & Pastoralists (IYRP), an UN-level initiative to re-mobilise livestock and outlines nine principles for a healthy and ethical human-livestock relationship.
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 2021 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 2021.
Review of Activities
At 31 December 2021 the charity’s funds amounted to £125,266 an increase of £74,592 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 11 volunteers and would like to thank them for the valuable services given by them during the year.
…………………………………………
Dr. Bereket Tsegay Secretary 19[th] of October 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 2021 set out on pages 7 to 13.
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)
have not been met; or
- (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 19[th] October 2022
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Registered Charity no. 1038957 Registered Company no. 02658932
PENHA STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2021
| Unrestricted Restricted Total Note Funds Funds 2021 £ £ £ Income and Expenditure Incoming Resources Grants & donations117,963 250,842 258,805 ——— ——— ——— 7,963 250,842 258,805 Add: Income in advance brought forward 0 0 0 Less: Income in advance carried forward 0 0 0 ——— ——— ——— 7,963 250,842 258,805 Resources Expended Direct charitable expenditure 40 172,995 172,955 Project support and administration 56,534 4,724 11,258 Fundraising and publicity 60 0 0 ——— ——— ——— 6,534 177,679 184,213 ——— ——— ——— Net Incoming/(Outgoing) Resources For the Year 1,429 73,163 74,592 Funds brought forward at 1 January 2021 1,725 48,949 50,674 Transfer of Funds 0 0 0 Funds carried forward at 31 December 2021 3,154 122,112125,266 |
Total 2020 £ 62,249 ——— 62,249 0 0 ——— 62,249 64,350 18,753 0 ——— 83,103 ——— (20,854) 71,528 0 50,674 |
|---|---|
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PENHA BALANCE SHEET As At 31 December 2021
| Notes 2021 2020 | |
|---|---|
| £ £ | |
| Fixed Assets | |
| Tangible Asset | 832,104 42,805 |
| ——— ——— | |
| Total fixed asset | 32,104 42,805 |
| Current Assets | |
| Debtor | |
| London office | 90 0 |
| Somaliland office | 927,149 42,421 |
| Ethiopia office | 90 0 |
| Cash at bank and in hand | |
| London office | 13,446 24,369 |
| Somaliland office | 61,636 0 |
| Ethiopia office | 35,649 0 |
| ——— ——— | |
| Total Current Asset | 137,880 66,790 |
| Liabilities: amounts falling due within one year | |
| London office | 10(10,292) (16,116) |
| Somaliland office | 10(2,322) 0 |
| Ethiopia office | 100 0 |
| ——— ——— | |
| Net Current Assets | 125,266 50,674 |
| ——— ——— | |
| Net Assets | 157,37093,479 |
| ——— ——— | |
| Funds | |
| Restricted |
|
| London office | 110 6,528 |
| Somaliland office | 1161,636 42,421 |
| Ethiopia Office | 1160,476 0 |
| Unrestricted | |
| London office | 113,154 1,725 |
| Somaliland office | 110 0 |
| Ethiopia Office | 110 0 |
| ——— ——— | |
| 125,266 50,674 | |
| ——— ——— |
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2021
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 December 2021 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 19 October 2022 and were signed on its behalf by:
Dr. Lulsegged Abebe, Chair ________
Dr. Zeremariam Fre, Treasurer _______
The notes on pages 10 to 13 form part of these accounts.
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2021
- 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 2021
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 2021 2020 | ||
| £ £ £ £ | ||
| 3. | Management and Administration | |
| Depreciation | 0 10,701 10,701 14,269 | |
| Examination and accountancy | 300 300 300 967 | |
| ——— ——— ——— ——— | ||
| 300 11,001 11,001 15,236 | ||
| ——— ——— ——— ——— | ||
| 4. | Charitable Activities | |
| Direct project costs | 171,155 62,776 | |
| Professional fee and consultancy | 1,668 967 | |
| Travel | 172 607 | |
| ——— ——— | ||
| 172,99564,350 |
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2021
| 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 Exchange 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 2021 London Office Somaliland Office Ethiopia Office As at 31 December 2021 Depreciation At 1 January 2021 London office Somaliland office Ethiopia office Charge for the year As at 31 December 2021 Net Book Value* As at 31 December 2021 As at 31 December 2020 |
2021 £ 250 8,520 399 282 909 300 253 0 345 ——— 11,258 0 ——— 0 1,688 ——— 1,688 ——— 10 — Equipment 0 42,805 0 ——— 42,805 0 10,701 0 ——— 14,269 ——— 32,104 32,104 42,805 |
|---|---|
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PENHA NOTES TO THE FINANCIAL STATEMENTS 31 December 2021
| 31 | December 2021 |
|---|---|
| 2021 2020 | |
| 9.Debtors: | £ £ |
| Grants Receivables | |
| London Office | 0 0 |
| Somaliland Office | 27,149 42,421 |
| Ethiopia Office | 0 0 |
| ——— ——— | |
| 27,149 42,421 | |
| ——— ——— | |
| 10.Liabilities: Amounts falling due within one year | |
| Project costs Accrued (London Office) | 10,292 15,411 |
| Sundry Creditors (London Office) | 0 705 |
| Project costs Accrued (Somaliland Office) | 2,322 0 |
| Project costs Accrued (Ethiopia Office) | 0 0 |
| ——— ——— | |
| 12,614 16,116 | |
| ——— ——— | |
| Balance Incoming Resources Transfers Balance | |
| 1 January Resources Used Between 31 December | |
| 2021Funds2021 | |
| £ £ £ £ £ | |
| 11.Funds | |
| Restricted Funds | |
| London office | |
| Community Fund | 6,528 0 (6,528) 0 0 |
| ——— ——— ——— ——— ——— | |
| Sub-total | 6,528 0 (6,528) 0 0 |
| Somaliland office | |
| United Nations Democracy Fund (UNDEF) | 42,421 0 (42,421) 0 0 |
| GIZ – Germany | 0 24,576 (24,576) 0 0 |
| Somaliland Development Fund (SDF) | 0 16,523 (16,523) 0 0 |
| NRF/Salt Mine | 0 136,301 (74,665) 0 61,636 |
| ——— ——— ——— ——— ——— | |
| Sub-total | 42,421 177,400 (158,185) 0 61,636 |
| Ethiopia office | |
| Tropenbos International | 0 73,442 (12,966) 0 60,476 |
| ——— ——— ——— ——— ——— | |
| Sub-total | 0 73,442 (12,966) 0 60,476 |
| ——— ——— ——— ——— ——— | |
| Total restricted fund | 48,949 250,842 (177,679) 0 122,112 |
| ——— ——— ——— ——— ——— | |
| Unrestricted Funds | |
| London office - donations | 1,725 7,963 (6,534) 0 3,154 |
| Somaliland office – donations | 0 0 0 0 0 |
| ——— ——— ——— ——— ——— | |
| 1,725 7,963 (6,534) 0 3,154 | |
| ——— ——— ——— ——— ——— | |
| Total Funds |
50,674 258,805 (184,213) 0 125,266 |
| ——— ——— ——— ——— ——— | |
| 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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