2022-03-31-accounts - GFA World

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	Page
Report ofthe Trustees	I to5
Report ofthe Independent Auditors	6 to 9
Statement of Financial ActiviTies	10
Balance Sheet
Cash Flow Statement	12
Notes to the Cash Flow Statement	13
Notes tothe Financial Statemenfs	14 to 24

			2021
	Notes		E
FIXED ASSETS
Tangible assets	11	54,498	18,842
Investment property	12	88,000
		142498	18,842
CURRENT ASSHS
Oebton	13	10,564	13,790
Cash at bank and in hand		2,114,062	1,175,631
		2,124,626	1,189,421
CREDITORS
Amounts falling due within one year	14	(33,606)	(19,425)
NH CURRENT ASSHS		'2,091.020	1,169,996
TOTAL ASSHS LESSCURRENT UABILmES		2,233,518	1,188,838
NH ASSHS		2.233,518	1,188,838
FUNDS	17
Unreshicted funds		360.979	260,317
Restricted funds		1,872,539	928,521
TOTAL FUNDS		2,233,518	1.188,838

					2022	2021
				Notes		E
Cash flows	from operating	activities
Cash generated from operations				I	978,525	(529,920)
Net cash provided by/(used			in] operating
activities					978,525	(529,920)
Cash flows	from investing	activifies
Purchase oftangible fixed		assets			(41,002)	(7,980)
Sale oftangible fixed assets						200
Interest received					908	1,990
Net cash used in investing		activities			(40,094)	(5,790)
Change in	cash and cash
equivalents	in the reporting		perIod		938,431	(535,710)
Cash and	cash equivalents		at the
beginning	ofthe reporRng	period			1,175,631	1,711,341
Cash and	cash equivalents		at the
end ofthe	reporling period				2,114,062	1,175,631

	RECONCILIATION OF NEI' INCOME/(EXPENDITURE)	RECONCILIATION OF NEI' INCOME/(EXPENDITURE)	RECONCILIATION OF NEI' INCOME/(EXPENDITURE)	RECONCILIATION OF NEI' INCOME/(EXPENDITURE)	TO NET CASH FLOW	FROM OPERATING	FROM OPERATING
	ACTIVITIES
						2022	2021
						E
	Net income/(expenditure)		for the reporting	pediod	(as per the
	Statement of Financial	ActiviTies)				1,044,680	(532,109)
	Adjustments for:
	Depreciation charges					5,345	4,428
	Profit on disposal offixed assets						[78)
	Interest received					(908)	(1,990)
	Non-cash donations					(88,000)
	Decrease in debtors					3,227	2,563
	Increase/(decrease) in	creditors				14,181	(2,734)
	Net cash provided by/(used		in) operations			978,525	(529,920)
2.	ANALYSIS OF CHANGES	IN	NET FUNDS
					At 1.4.21	Cash flow	At 31.3.22
							E
	Net cash
	Cash at bank and in hand				1,175,631	938,431	2,114,062
					1,175,631	938.431	2,114,062
	Total				1,175,631	938,431	2,114,062

2.	DONATIONS AND	LEGACIES	LEGACIES	LEGACIES
						2022	2021
							E
	Donations					1,479,564	1,573,451
3,	INVESTMENT INCOME
						2022	2021
						E
	Rents received					5,731
	Deposit account interest					908	1,990
						6,639	1,990
4.	RAISING FUNDS
	Raising donations	and legacies
						2022	2021
	Staff costs					93,161	94,868
	Staff and office volunteer			expenses		3,771	851
	Advertising					18,283	27,598
	Pdnting, postage and stationery					118,978	86,266
	Sundry expenses					440	312
	Computer consultancy		and running		costs	22,006	13,064
	Motor and travel expenses					4,439	1,221
	Consultancy fees					26,460	28.556
	Public relations					40,738	34,728
	Fundraising support					23,764	18,000
	Bank charges and other		fees			9,724	10,672
	Exchange rate variances					1,745	2,399
	Books and videos					1,028	4,975
	Rental property expenses					1,727
	Depreciation					3,281	3,329
						369,545	326,839

2022	2021
5
4,482	4,074

10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
				Unrestricted	Restricted	Total
				fund	fund	funds
				S	E
	NET INCOME/(EXPENDITURE)			34,199	(566,308)	(532,109)
	Transfers between		funds	135,133	(135,133)
	Net movement in	funds		169,332	(701,441)	(532,109)
	RECONCILIATION	OF FUNDS
	Total funds brought		forward	90,985	1,629,962	1,720,947
	TOTAL FUNDS CARRIED FORWARD			260,317	928,521	1,188,838
11.	TANGIBLE FIXEDASSETS
					Computer
				Fixtures	equipment
				an cl	and
				fittings	software	Totals
					E	E
	COST
	At 1 April 2021			25,217	64,412	89,629
	Additions			10,755	30,247	41,002
	At 31 March 2022			35,972	94,659	130,631
	DEPRECIATION
	At 1 April 2021			15,328	55459	70,787
	Charge for year			2,065	3,281	5,346
	At 31 March 2022			17,393	58,740	76,133
	NET BOOK VALUE
	At 31 March 2022			18,579	35,919	54,498
	At 31 March 2021			9,889	8,953	18,842

Minimum lease payments under non-cancellable	operating leases fall due as follo	ws:
	2022	2021
		E
Within one year	18,977	27,825
Between one and five years		18,977
	18,977	46,802

Net movement in funds, included in	the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
		E	E
Unreshicted funds
General fund	423,728	(439,796)	(16,068)
Restricted funds
Field donations	1,062,475	(1,727)	1,060,748
TOTAL FUNDS	1,486,203	(441,523)	1,044,680

Comparative net movement in funds	, included in the above are a	s follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	E	E
Unrestricted funds
General fund	434,659	(400,460)	34,199
Restricted funds
Field donations	1,140,782	(1,707,090)	(566,308)
TOTAL FUNDS	1,575,441	(2,107,550)	(532,109)

A current year 12months and	prior year 12months co	mbined positio	n isas follows	:
		Net	Transfers
		movement	between	At
	At 1.4.20	in funds	funds	31.3.22
		E
Unrestricted funds
General fund	90,985	18,131	251,863	360,979
Restricted funds
Field donations	1,629,962	494,440	(251,863)	1,872,539
TOTAL FUNDS	1,720,947	512,571		2,233,518

included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	E
Unrestricted funds
General fund	858,387	(840,256)	18,131
Restricted funds
Field donations	2,203,257	(1,708,817)	494,440
TOTAL FUNDS	3,061,644	[2,549,073)	512,571