2021-12-31-accounts - Survivors Fund (Surf)

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	Page
Chairman's Report
A note from the Chief Executive
Report ofthe Trustees	3 to	27
Report ofthe Independent Auditors	28 to	30
Statement ofFinancial Activities	3l
Statement ofFinancial Position	32 to	33
Statement ofCash Flows	34
Notes to the Statement ofCash Flows	35
lvotes to the Fiaancial Statements	36 to	46
Detailed Statement ofFinancial Activities	47 to	48

		Level of
		impact
Risk		(1-5)	Likelihood
Category	Risk Title		(1-5)	Potential Impact		Steps to mitigate risk
Operational	Coronavirus	4		Restrictions have	been	Groups are now able to
				reduced significantly		meet for trainings and
				in Rwanda as aresult		counselling. Urwego Bank
				ofthe implementation		is now giving out
				ofpreventative		entrepreneurial loans and
				measures.		beneficiaries are paying
						back as normal. The loan
						repayment holiday to IGA
						groups is over. SURF staff
						have resumed office and
						fieldwork.
External	Climactic	4		Events such as heavy		Ensure that the risks are
	risks			rains, volcanic		identified, and where
				eruptions in Rubavu		urgently required advocacy
				and earthquakes	could	is undertaken with
				have amajor impact		stakeholders who could
				on housing of		potentially address them.
				beneficiaries
Operational	Loss of	5		Potential threat to		Ensure that staff are
	key staff			delivery ofprojects		properly supported, and	that
				because ofadeficit of		there are sufficient
				institutional		development opportunities.
				knowledge		Ensure that there are
						appropriate consultants	to
						add support ifand when
						necessary.
Operational	Safeguarding	5	3	Harm to beneficiaries		Ensure that our
				and reputationsl		safeguar&iing poiicies are
				carriage toSu&		included in our parmer
						reporting requirements	and
						that beneficiaries know
						about whistle blowing
						policies so that they know
						who they can report abuse
						to.

						31.12.21	31.12.20
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes			8	5
INCOME	AND ENDOWMENTS FROM
Donations			2	44,074	28,496	72,570	116,56/
Charitable	activities
Charitable	Activity			20,000	643,893	663,893	455,371
Other Incoming Resources				180	3,491	3,671	4,270
Total				64,254	675,880	740,134	576,208
EXPENDITURE ON
Charitable	activities
Charitable	Activity			~56624	5~55227	~611851	529945
NET INCOME				7,630	120,653	128,283	46,263
RECONCILIATION		OF FUNDS
Total funds brought		forward		78,606	32,775	111,381	65,118
TOTAL FUNDS CARRIED FORWARD				~86236	153,428	239,664	111,381

	31DECEMBER2021
		31.12.21	31.12.20
	Notes
FIXEDASSETS
Tan~hie assets	13	40,248	24,813
CURRENT ASSETS
Debtors	14	14,382	61,038
Cash at bank and in hand		211,437	49,072
		225,819	110,110
CREDITORS
Amounts falling due within one year	15	(26,403)	(23,542)
NET CURRENT ASSETS		199,416	86,568
TOTAL ASSETSLESSCURRENT
LIABILITIES		239,664	111,381
NET ASSETS		~239 664	111,381
FUNDS	17
Unrestricted funds:
General fund		86,236	78,606
Restricted funds:
Restricted Funds		~153428	32,775
TOTAL FUNDS		239,664	111,381

	F	ORTHE Y	EARENDED 3	1DECEMBER2021
				31.12.21	31.12.20
		Notes		f	f
Cash flows from operating		activities
Cash generated from operations			1	~183145	15,460
Net cash (used in)/provided		by operating	activities	~183145	15,460
Cash flows from investing		activities
Purchase oftangible fixed	assets			20780	9,064
Net cash used in investing	activities				~9„064)
Change in cash aud cash	equivalents
in tbe reporting period				162/65	6,396
Cash aud cash equivalents		at tbe
beginning oftbe reporting		period		49,072	42 676
Cash.and cash equivalents		at the end
oftbe reporting period				211,437	49,072

	FO	RTHE YEARENDED 31DECEMBER	RTHE YEARENDED 31DECEMBER	2021	2021
	RECONCILIATION	OFNET INCOME TO NET CASH FLOW		FROM OPERATING
	ACTIVITIES
				31.12,21	31.12.20
	Net income for the reporting		period (as per the Statement of
	Financial Activities)			128,283	46,263
	Adjustments for:
	Depreciation charges			4,714	2,372
	Other			631	508
	Increase in debtors			46,656	(34,462)
	Increase in creditors			~2861	779
	Net cash (used in)/provided		by operations	183,145	15,460
2.	ANALYSIS OF CHANGES		IN NET FUNDS

ANALYSIS OF CHANGES IN NET FU	NDS
	At l/I/21	Cash flow	At 31/12/21
			f
Net cash
Cash at bank and in hand	495072	162,365	211,437
	49,072	162465	211,437
Total	49,072	162465	211,437

DONATIONS
	31.1221	31.12.20
	f
Donations	61,447	100,921
Gift aid	7,786	7,977
Donated services and facilities	3437	7,669
	72,570	~116567
OTHERINCOMINGRESOURCES
	31.12.21	31.12.20
Agency Income	3,491	3,512
Interest income	180	758
	3,6'7l	4,270

	INCOME FROM	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES
								31.12.21	31.12.20
				Activity				f
	Grants			Charitable	Activity			663,893	455,371
	Grants received, included		in	the above,	are as fogowsi
								31.12.21	31.12.20
								f
	Foundation Rwanda							86,272	12,255
	INSPIRE!africa							36,707	50,225
	Anonymous							50,000	70,000
	Charities Advisory	Trust (Good Gills)						93,843	55,685
	Comic Relief (Shooting Touch)							20,454
	Charities Aid Foundation		(CAF) America					807	2,169
	Network forAfrica							36,634	30,874
	Addax dt Oryx Foundation							29,834	30,580
	Clifford Chance							239,147	83,366
	UK Foreign, Commonwealth			and Development		Office	(Empowering
	Vulnerable Genocide Widows in Western Rwanda to Alleviate
	Extreme Poverty (EVWEP)			project)				70,195	120,217
								663,893	455,371
5.	CHARITABLE ACTIVITIES COSTS
							Grant
							funding of
							activities	Support
						Direct	(see note	costs (see
						Costs	6)	note 7)	Totals
	Charitable Activity					86,936	455,669	69,246	611,851
6.	GRANTS PAYABLE
								31.12.21	31.12.20
								f
	Charitable Activity							455,669	365,684

GRANTS PAYABLE - continued
The total grants paid to institutions	during the	year was	as follows:
				31.12.21	31.12.20
				8
Community Projects (Shelter)				2,694	39,535
Foundation Rwanda				44,611	22,095
Youth Entrepreneurship Training Programme		(YETP)			23,404
Community Counselling Initiative (CCI)					40,883
Good Gifts Project				78,539	112,889
Reaching Rwanda Project				43,658	36,050
University Student Support Programme				1,034	1,163
Entrepreneurship Support					11,786
Supplementary Educational Support					7,917
Empowering Vulnerable Genocide	Widows in	Western	Rwanda to
Alleviate Extreme Poverty (EVWEP) project.				89,822	66,252
Empowering Vulnerable Genocide	Widows in	Karongi	and Rutsiro
District to Alleviate Extreme Poverty (EVKREP) project.				23,528
Other Agency Costs				3,129	3,710
Counselling Extension Response Project (CERP II)				36,807
Youth Economic Empowerment Project (YEEP)				131,847
				~455669	365,684

SUPPORT	COSTS
				Premises
		Management	Finance	Costs
			5
Charitable	Activity	49,210	J4,975)	16,874
		Other	Governance
		Overheads	costs	Totals
Charitable	Activity	3,337	~4800	69246

		31.12.21	31.12.20
Auditors'	remuneration	4,800	4,800
Depreciation - owned assets		4,636	1,647

		31.12.21	31.12.20
Wages	and salaries	74,633	69,414
Social	security costs	5,131	4,795
		79,764	74,209

The averag	e	monthly number ofemployees during the	year was as follows:
			31.12.21	31.12.20
Charitable	Activities		7	7
Management		and Administration	1	1

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEARENDED 31DECEMBER2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEARENDED 31DECEMBER2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEARENDED 31DECEMBER2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEARENDED 31DECEMBER2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEARENDED 31DECEMBER2021
11.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES 31.12.2020
			Unrestricted	Restricted	Total
			fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Donations		50,556	66,011	116,567
	Charitable activities
	Charitable Activity		40,000	415,371	455,371
	Other Incoming Resources		758	3,512	4,270
	Total		91,314	484,894	576,208
	EXPENDITURE ON
	Charitable activities
	Charitable Activity		61 361	468 584	529 945
	NET INCOME		29,953	16,310	46,263
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	48,653	16,465	65,118
	TOTAL FUNDS CARRIED
	FORWARD		78,606	32,775	111,381

	FORTHE YEAR	ENDED 31DEC	EMBER20	21
13.	TANGIBLE FIXEDASSETS
		Leasehold	Plant and	Motor
		Land	machinery	vehicles	Totals
				6
	COST
	At 1 January 2021	14,781	47,147	9,064	70,992
	Additions Exchange differences	~685)	17,360 202	3,420 ~226)	20,'780 ~709)
	At 31December 2021	14,096	64,709	~12 258	91,063
	DEPRECIATION
	At 1 January 2021	963	44,077	1,139	46,179
	Charge for year		~1956	2,680	4,636
	At 31December 2021	963	46,033	3,819	50,815
	NET BOOKVALUE
	At 31December 2021	13,133	18,676	8,439	40,248
	At 31December 2020	13,818	3,070	7,925	24,813
14.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE		YEAR
				31.12.21	31.12.20
				8
	Trade debtors			7,786	7,977
	Other debtors			6,596	53,061
				14482	61,038

15.	CREDITORS		: AMOUNTS FALL	ING DUE WITHIN ON	E YEAR
						31.12.21	31.12.20
	Social security		and other taxes			3733	3,271
	Other creditors					22,670	20,271
						26,403	23,542
16.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
						31.12.21	31.12.20
				Unrestricted	Restricted	Total	Total
				fund	fund	funds f	funds
	Fixed assets			40,248		40,248	24,813
	Current assets			72491	153,428	2259819	110,110
	Current liabilities			/26,403)		~26,403)	~23 542
				86,236	153,428	239,664	111,381
I'?.	MOVEMENT		IN FUNDS
						Net
						movement	At
					At I/I/21	in funds	31/12/21
	Unrestricted	funds
	General fund				78,606	7,630	86,236
	Restricted funds
	Restricted Funds				32,775	120,653	153,428
	TOTAL FUNDS				~111 81	~128283	239,664
	Net movement		in funds, included in	the above are as follows:
					incoming	Resources	Movement
					resources	expended I	in funds
	Unrestricted	funds
	General fund				64,254	(56,624)	7,630
	Restricted funds
	Restricted Funds				675,880	(555,227)	120,653
	TOTAL FUNDS				740,134	(611,851)	~128 283

Comparatives	for movement in funds
			Net
			movement	At
		At 1/1/20	in funds	31/12/20
		K
Unrestricted	funds
General fund		48,653	29,953	78,606
Restricted funds
Restricted Funds		16,465	16,310	32,775
TOTAL FUNDS		65,]18	46,263	111,381

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	9],314	(61,361)	29,953
Restricted funds
Restricted Funds	484,894	(468,584)	16,310
TOTALFUNDS	576,208	(529,945)	46,263

Analysis ofRestricted Reserves			31.12.2021	31.12.2020
UK Foreign, Commonwealth and Development		Office
(Empowering Vulnerable Genocide Widows in
Western Rwanda to alleviate Extreme Poverty
(EVWEP) project				32,775
Youth Economic Empowerment	Project (YEEP)		71,638
Counseliing Extension Response	Project (CERP li)		43,084
Foundation Rwanda			38,706
			153425	32775

	FORTHK YEARENDED 3	1DECEMBER2021
		31.12.21	31.12.20
INCOME ANII	ENDOWiiENTS
Donations
Donations		61,447	100,921
Gift aid		7,'I86	7,977
Donated services	and facilities	3.337	7,669
		72,570	116,567
Other Incoming	Resources
Agency Income		3,491	3,512
Interest income		180	758
		3,671	4,270
Charitable activities
Grants		~663893	455,371
Total incoming	resources	740,134	576,208
EXPENDITURE
Charitable activities
Wages		74,633	69,414
Social security		5,131	4,795
Networking and	Advocacy	594	1,765
Internet Expenses		1,864	2,451
Provision for Severance Pay			(432)
Depreciation oftangible fixed assets		4,714	2,372
Project Costs		455,669	~365 684
		542,605	446,049
Nupport costs
Management
Training and Welfare		15,895	13,593
Travel and Subsistence		7,715	5,972
Consuitancy Services		25,600	20,000
		49,210	39,565
Finance
Foreign Exchange Difference		5682	11027
Cruried forward		(5,68 )	11,027

	31.12.21	31.12.20
Finance
Brought forward	(5,682)	11,027
Bank charges	707	791
	(4,975)	11,818
Human resources
Consultancy Costs		6,049
Premises Costs
Rent	8,953	6,832
Light and Heat	866	859
Telephone	1,977	2,461
Postage and stationery Cleaning	3,167 ~1911	834 3009
	16,874	13,995
Other Overheads
Advertising	3,337	7,669
Governance costs
Auditors' remuneration	4,800	4,800
Total resources expended	611,$51	529,945
Net income	128483	46,263