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2022-12-31-accounts
| Legalandadministrativedetails |
3 |
| ObjectsoftheCharity |
3 |
| Structure,GovernanceandManagement |
3-4 |
| RiskManagement |
4 |
| Kenya'sEducationalSystem |
4-5 |
| KaribuniModelofSupport |
5-6 |
| ReviewofProjectsandSummaryoftheMainActivitiesduringtheYear |
6-13 |
| Financialreviewandreservespolicy |
12-13 |
| Fundraising |
14 |
| Voluntaryhelpandgiftsinkind |
14 |
| Trustees'declaration |
14 |
| StatementofFinancialActivities |
15 |
| StatementofFinancialPosition |
16 |
| NotestotheAccounts |
17-19 |
| IndependentExaminer'sReport |
20 |
|
Note |
Unrestricted |
Restricted |
Total |
|
|
|
funds |
funds |
funds |
2021 |
|
|
£ |
£ |
£ |
|
| Incomingresources |
|
|
|
|
|
| Incomingresourcesfromgeneratedfunds |
|
|
|
|
|
| Voluntaryincome |
1 |
205,836 |
64,356 |
270,192 |
282,931 |
| Activitiesforgeneratingfunds |
2 |
8,747 |
|
8,747 |
6,631 |
| Investmentincome |
|
2,735 |
|
2,735 |
1,268 |
|
|
217,318 |
64,356 |
281,674 |
290,830 |
| Resourcesexpended |
|
|
|
|
|
| Grantstoprojects |
3 |
152,435 |
53,986 |
206,421 |
246,974 |
| Raisingfunds |
4 |
18,457 |
|
18,457 |
3,363 |
| Officeexpenditure |
5 |
40,966 |
5,000 |
45,966 |
41,330 |
|
|
211,858 |
58,986 |
270,844 |
291,667 |
| Netsurplus/expenditurebeforeinvestmentlosses |
|
5,460 |
5,370 |
10,830 |
(837) |
| Revaluationofinvestments |
|
(26,081) |
|
(26,081) |
16,632 |
| Netsurplus/(loss)fortheyear |
|
(20,621) |
5,370 |
(15,251) |
15,795 |
| Fundbalancesbroughtforward |
|
451,283 |
4,850 |
456,133 |
440,338 |
| Fundbalancescarriedforward |
|
430,662 |
10,220 |
440,882 |
456,133 |
| Note |
|
Unrestricted |
Resticted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
|
|
|
2021 |
|
|
£ |
£ |
£ |
£ |
| Fixedassets |
|
|
|
|
|
| Tangibleassets |
8 |
|
|
|
|
| Investments |
9 |
|
|
252,070 |
286,151 |
|
|
|
|
252,070 |
286,151 |
| Currentassets |
|
|
|
|
|
| Stock |
|
|
|
3,486 |
2,529 |
| Debtors |
10 |
|
|
24,172 |
34,425 |
| Cashatbankandinhand |
|
152,286 |
10,220 |
162,506 |
134,204 |
|
|
152,286 |
10,220 |
190,164 |
171,158 |
| Liabilities |
|
|
|
|
|
| Creditors:amountsfallingduewithinoneyear |
11 |
1,352 |
|
1,352 |
1,176 |
| Netcurrentassets |
|
150,934 |
10,220 |
188,812 |
169,982 |
| Netassets |
|
150,934 |
10,220 |
440,882 |
456,133 |
| Fundsofthecharity: |
|
|
|
|
|
| Restrictedfunds |
12 |
|
10,220 |
10,220 |
4,600 |
| Unestrictedfunds |
|
430,662 |
|
430,662 |
435,738 |
| Totalcharityfunds |
|
430,662 |
10,220 |
440,882 |
440,338 |
| a) |
Theaccountshavebeenpreparedonthehistoriccostconventionandincompliancewiththe |
|
StatementofRecommendedPractice:AccountingandReportingbyCharitiespreparingthe |
|
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic |
|
ofIreland(FRS102),andtheCharitiesAct2011. |
| b) |
Incomeisrecognisedwhenthecharitybecomesentitledtotheresourcesandthe |
|
monetaryvaluecanbemeasuredwithsufficientreliability |
| c) |
Giftaidreclaimableondonationstothecharityisincludedwiththeamountreceived, |
|
whereknown |
| d) |
Otherexpenditureisincludedintheaccountsonanaccrualsbasis.IrrecoverableVATis |
|
chargedtotheSOFAasincurred |
| e) |
Depreciationonofficeequipment,includingcomputers,ischargedonastraightline |
|
basisover3-5years |
| f) |
CarvingsandtextilesareboughtfromKenyatosellinordertoraisefunds. |
|
Somecarvingsremaininstockandarevaluedat£0.Textilesarevaluedatcost. |
|
Stockalsoincludesnoteletspurchasedforresaletoraisefunds |
| 9) |
Thevalueofdonatedgoodshasbeenestimatedandincludedinthefigureforvoluntary |
|
income |
| h) |
GrantstoprojectsareincludedwhentheamountisreleasedtotheMethodistChurch |
|
Kenyabankaccountanddistributedtoprojects |
| Otherexpenditure |
|
| Officecosts |
|
| Employeecosts |
29,653 |
| Payrollservices |
756 |
| Profesionalfees |
1,370 |
| Stationery,postageandprinting |
1,257 |
| Telephoneandinternet |
669 |
| Databasecosts |
3,664 |
| Rentofofficeandstorage |
3,588 |
| Insurancesanddataprotection |
1,052 |
| Websitecosts |
144 |
| Feeforindependentexamination |
1,020 |
| Training |
634 |
| Recruitmentcosts |
1,567 |
| Laptopforoperationsmanager |
580 |
| Sundrycosts |
12 |
|
45,966 |
| 10 |
Debtors |
2022 |
2021 |
|
|
£ |
£ |
|
Accruedincome-giftaidtax |
7,727 |
14,496 |
|
TransferredprojectfundsKenya |
5,519 |
13,952 |
|
Prepaidexpenses |
4,576 |
3,425 |
|
Incomebankedafteryearend |
6,350 |
2,552 |
|
|
24,172 |
34,425 |
| 2022 |
2021 |
£ |
£ |
| 1,352 |
1,176 |