| Unrestricted | Designated | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| funds | Funds | Funds | 2021 | 2020 | ||||
| INCOME | ||||||||
| Donations | ||||||||
| Donations | 5,520 | 11,855 | 17,375 | 27,460 | ||||
| Income tax Refund | 465 | 2,634 | 3,099 | 3,709 | ||||
| Legacy | 5,811 | 5,811 | 43,387 | |||||
| 11,796 | 14,489 | 26,285 | 74,556 | |||||
| Fund Raising Event Income | 11,105 | 11,105 | 10,878 | |||||
| Total Income | 22,901 | 14,489 | 37,390 | 85,434 | ||||
| EXPENDITURE | ||||||||
| Raising Funds | ||||||||
| Fund raising event | costs | |||||||
| Expenditure on Charitable |
Activities | |||||||
| grants | 21,249 | 13,472 | 34,721 | 29,374 | ||||
| Governance Costs |
||||||||
| Office Costs | 837 | |||||||
| Libeda Fees | 1,112 | 1,112 | 2,030 | |||||
| Travel Costs | 342 | |||||||
| Bank Charges | 829 | 600 | 1,429 | 1,417 | ||||
| Independent Examiner's |
Fees | 750 | 750 | 780 | ||||
| Trustees Event | 998 | 998 | ||||||
| Vehicle Repair | 742 | 742 | ||||||
| Sundry | 97 | 97 | ||||||
| Insurance | 96 | 96 | ||||||
| Exchange differences | (1,181) | (1,181) | ||||||
| Total Expenditure | 24,692 | 14,072 | 38,764 | 34,780 | ||||
| Net Income/(Expenditure) | (1,791) | 417 | (1,374) | 50,654 | ||||
| Transfer between | Funds | |||||||
| Net Income/(Expenditure) | (1,791) | 417 | (1,374) | 50,654 | ||||
| Fund Balances Brought | Forward at | |||||||
| 1 January 2021 |
107,920 | 20,296 | 97 | 128,313 | 77,659 | |||
| Fund Balances Carried | Forward at | |||||||
| 31 December 2021 | 106,129 | 20,296 | 514 | 126,939 | 128,313 |
| NOTES | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| CURRENT | ASSETS | |||||
| Cash in Bank and in Hand | 121,560 | 116,404 | ||||
| Debtors | 6,777 | 12,689 | ||||
| 128,337 | 129,093 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year - Accruals |
(1,398) | (780) | ||||
| NET CURRENT ASSETS | 126,939 | 128,313 | ||||
| FUNDS | ||||||
| Unrestricted | Funds | 106,129 | 107,920 | |||
| Designated | Funds | 20,296 | 20,296 | |||
| Restricted | Funds | 514 | 97 | |||
| 126,939 | 128,313 |
| 2021 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| General | Scholarship | Designated | Total | General | Scholarship | Designated | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| Liberian | 10,249 | 10,249 | 6,928 | 2,072 | 9,000 | |||
| Projects | ||||||||
| Libedian | 24,472 | 24,472 | 20,374 | 20,374 | ||||
| Scholarships | ||||||||
| Transfers | 11,000 | (11,000) | ||||||
| 21,249 | 13,472 | 34,721 | 6,928 | 20,374 | 2,072 | 29,374 |
| Balance at | 1 | Incoming | (Outgoing) | Transfers | Balance at | 31 | ||
|---|---|---|---|---|---|---|---|---|
| January | Resources | Resources | December | |||||
| 2021 | 2021 | |||||||
| Liberian Scholarship | Fund | 97 | 14,489 | (14,072) | 514 | |||
| 97 | 14,489 | (14,072) | 514 | |||||
| Prior Year | Balance at | 1 | Incoming | (Outgoing) | Transfers | Balance at | 31 | |
| January | Resources | Resources | December | |||||
| 2020 | 2020 | |||||||
| Liberian Scholarship | Fund | 665 | 15,045 | (20,863) | 5,250 | 97 | ||
| 665 | 15,045 | (20,863) | 5,250 | 97 |
| Current | Current | Inter | |||
|---|---|---|---|---|---|
| Assets | Liabilities | Fund | Total | ||
| Restricted | Funds | 514 | 514 | ||
| Designated | Funds | 20,296 | 20,296 | ||
| Unrestricted | Funds | 128,337 | (1,398) | (20,810) | 106,129 |
| Total Net Assets | 128,337 | (1,398) | 126,939 | ||
| Prior Year | Current | Current | Inter | ||
| Assets | Liabilities | Fund | Total | ||
| Restricted | Funds | 97 | 97 | ||
| Designated | Funds | 20,296 | 20,296 | ||
| Unrestricted | Funds | 129,093 | (780) | (20,391) | 107,820 |
| Total Net Assets | 129,093 | (780) | 128,313 |
| 10. COMPARATIVE |
10. COMPARATIVE |
10. COMPARATIVE |
FUNDS | FUNDS | —STATEMENT OF FINANCIAL | —STATEMENT OF FINANCIAL | AFFAIRS FOR THE YEAR ENDED 31 DECEMBER | AFFAIRS FOR THE YEAR ENDED 31 DECEMBER | AFFAIRS FOR THE YEAR ENDED 31 DECEMBER |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| Unrestricted | Designated | Restricte | Total | ||||||
| funds | Funds | d Funds | 2020 | ||||||
| INCOME | |||||||||
| Donations | |||||||||
| Donations | 15,025 | 12,435 | 27,460 | ||||||
| Income tax Refund | 1,099 | 2,610 | 3,709 | ||||||
| Legacy | 43,387 | 43,387 | |||||||
| 59,511 | 15,045 | 74,556 | |||||||
| Fund Raising | Event Income | 10,878 | 10,878 | ||||||
| Total Income | 70,389 | 15,045 | 85,434 | ||||||
| EXPENDITURE | |||||||||
| Raising Funds | |||||||||
| Fund raising event | costs | ||||||||
| Expenditure | on | Charitable | |||||||
| Activities | |||||||||
| Grants | 6,928 | 2,072 | 20,374 | 29,374 | |||||
| Governance Costs |
|||||||||
| Office Costs | 837 | 837 | |||||||
| Liberia Fees | 2,030 | 2,030 | |||||||
| Travel Costs | 342 | 342 | |||||||
| Bark Charges | 928 | 489 | 1,417 | ||||||
| Independent | Examiner*s | Fees | 780 | 780 | |||||
| Total Expenditure | 11,845 | 2,072 | 20,863 | 34,780 | |||||
| Net Income/(Expenditure) | 58,544 | (2,072) | (5,818) | 50,654 | |||||
| Transfer between | Funds | (5,250) | 5,250 | ||||||
| Fund Balances | Brought | Forward | 54,626 | 22,368 | 665 | 77,659 | |||
| at | |||||||||
| 1 January 2020 | |||||||||
| Fund Balances Carried | Forward at | ||||||||
| 31December | 2020 | 107,920 | 20,296 | 97 | 128,313 |